The merchants map of commerce wherein the universal manner and matter relating to trade and merchandize are fully treated of, the standard and current coins of most princes and republicks observ'd, the real and imaginary coins of accounts and exchanges express'd, the natural products and artificial commodities and manufactures for transportation declar'd, the weights and measures of all eminent cities and towns of traffick in the universe, collected one into another, and all reduc'd to the meridian of commerce practis'd in the famous city of London / by Lewis Roberts, merchant.

Three Persons to make an Exchange.

BUT sometimes there are but three Persons needful in the doing a parcel of Mony by Exchange; as First the Taker; Secondly, the Deliverer; and Thirdly, the Party upon whom the Bill is drawn. 1. The Taker, he makes and subscribes a Bill of Exchange for so much Mony by him received of the Deli∣verer. 2. The Deliverer, he orders the Bill to be made payable to himself, or Assigns for the value of himself. And 3. The Party that is to pay the Bill; for the Taker directs the Bill to his Friend or Servant to pay the same. Now, this way of Exchange is very useful,

according as occasion may be. For suppose I were to go from London to Plimouth, there to employ some Monies in the buying of some Coromodity; I deliver my Monies here in London, to some body who gives me his Bill of Exchange on his Friend, Factor or Servant at Plimouth, payable to my self; so I carry the Bill along with me, and receive my Mony my self by virtue thereof at Plimouth.

Another way, wherein only three Persons are needful in the Negotiation of Monies by Exchange: namely, First, the Drawer; Se∣condly, the Party on whom it is drawn. Thirdly, the Party to whom it is payable. 1. The Drawer having Monies in his hands belonging to the Party to whom he orders the Bill to be paid, doth make a Bill of Ex∣change himself, confessing the value received in his own hand. 2. Charging it on his Friend or Factor. 3. Payable to the Party to whom he was indebted. There is yet one way more wherein Monies may be remitted by Exchange only with the help of three Per∣sons; 1. The Taker. 2. The Deliverer. 3. The Party to whom payable. As thus, If I were at Dartmouth, or Exon, and intend∣ed to come to London, I would take up Mo∣nies by Exchange at Dartmouth, or Exon, and subscribe Bills of Exchange for the same, con∣fessing the Value received of the Deliverer, directed or drawn on my self, payable to whom the Deliverer should appoint in Lon∣don.