The trades-man's jevvel: or a safe, easie, speedy and effectual means, for the incredible advancement of trade, and multiplication of riches;: shewing how men of indifferent estates, may abundantly increase both their own and other mens trading and riches, without parting with money, or any stock out of their own hands: by making their bills to become current instead of money, and frequently to revolve through their hands, with as much in money as the sums therein mentioned do amount unto.

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Title
The trades-man's jevvel: or a safe, easie, speedy and effectual means, for the incredible advancement of trade, and multiplication of riches;: shewing how men of indifferent estates, may abundantly increase both their own and other mens trading and riches, without parting with money, or any stock out of their own hands: by making their bills to become current instead of money, and frequently to revolve through their hands, with as much in money as the sums therein mentioned do amount unto.
Author
Potter, William.
Publication
London :: Printed by Edward Husband and John Field, printers to the Parliament of England,
1650.
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Subject terms
Commerce
Finance, Public -- Great Britain
Finance, Personal -- Great Britain
Cite this Item
"The trades-man's jevvel: or a safe, easie, speedy and effectual means, for the incredible advancement of trade, and multiplication of riches;: shewing how men of indifferent estates, may abundantly increase both their own and other mens trading and riches, without parting with money, or any stock out of their own hands: by making their bills to become current instead of money, and frequently to revolve through their hands, with as much in money as the sums therein mentioned do amount unto." In the digital collection Early English Books Online 2. https://name.umdl.umich.edu/A90882.0001.001. University of Michigan Library Digital Collections. Accessed May 23, 2024.

Pages

SECT. IX.

THis Enterprise is demonstrated in my aforesaid Treatise, to be of such a nature, as whereby

First, A very few men may both begin and continue the practise thereof; and that so, as if others do not joyn with them, they will suddenly be able (by un∣derselling them through their quick returns) to ingross all the Trading into their own hands.

2. Hereby all the Tradesmen in the Land would be both encouraged and necessitated to joyn in the same Practise.

3. Seeing the number of Bills would thereby be increased proportionably, it would produce as much

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Trading to the Generality of men, as they could pos∣sibly manage.

4. Besides the things formerly mentioned, viz. Their having as much lent them (without paying In∣terest) as they are able to put in Security to borrow, with as much Trading as they are able to manage, and all that with ready pay, either in Money or Bills:

Their Estates being increased by such quick Tra∣ding, with such doubled stock, they may procure great∣er Security, whereby to borrow more Bills to the doubling of such increase, and so ad infinitum.

Now, this perpetual doubling the Increase of their stock, is of so great concernment, as though mens Trading should be but ordinary; yet it will make an Estate of 1000 l. to amount in 40 years to 500 Milli∣ons, as is cleared in the said Treatise: And by conse∣quence, it would make the people of this Nation to be worth in 40 years (the World affording but Commo∣dity enough for Money) five hundred thousand times more then now they are; that is, he who is now worth but twenty shillings to be worth five hundred thousand pounds, and so of others proportionably.

Further, If this would be the consequence, although men Trading should be but ordinary, what may we think will follow, when their dealings shall be perpetu∣ally as great as they are able to manage?

Many other considerable Advantages would follow from this Enterprise (without any inconvenience to counterpoise the same) as is particularly demonstrated in the aforesaid Treatise, which I earnestly desire that all men will seriously peruse, who tender the good of this Commonwealth.

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