Way to Wealth, as _Idleness_ is
to Poverty. Riches cannot be honestly got without _Industry_, therefore
it ought to be encourag'd, and all _idle Persons_ made to work; and such
as will not work, ought to be serv'd as they are in _Holland_, that is,
exercis'd with the _Pump_.
Has not the easy Way of getting Money prevented the _South-Sea_ Company
from Carrying on _their Trade_, and the _Fishery_, that Noble and
Profitable Branch; which if they would heartily set their Shoulders to,
they might increase their Stock a Hundred _per Cent._ and not set it
above its intrinsick Value? And our _Poor_ being very numerous, all of
'em may be provided for that way.
Our _Trade_ has decay'd ever since we have promoted _Stock-Jobbing_,
that easy Way of getting Money: Our _Manufactories_ have diminish'd;
which have increas'd our _Poor_, and lessen'd our _Imports_ and
_Exports_; and the King, in Time, will lose his _Customs_.
I shall offer some few Heads, necessary to promote _Trade_, and to put
us in a Way speedily to pay our _Debts_, and prevent _Stock-Jobbing_, or
else _Trade_ can never flourish.
* * * * *
We must _Recoin_ our Money, and make the _Agio_ so large, as will
prevent its being exported; and thereby hinder the _East-India_ Company
from purchasing _Bullion_ in _Holland_: For if they are suffer'd to buy
_Bullion_ there, we had better by the Half give them free Liberty to
export our Coin, unless the _Exchange_ is Eight _per Cent._ in our
Favour, (which is now so much to the contrary) we shall at all Times be
Losers. By which it appears, how great Losers we are at present, by not
making our Coin of a Value, as it may be exported without Damage to the
Nation.
Our _Government_ may have _Bullion_ in Plenty, if they will be the
Merchant for that Commodity, and give but a small Matter more for it
than our Neighbours; which we may very well afford to do, if we settle a
like _Agio_.
* * * * *
One great Help to _Trade_ in the Nation, would be to have _Sixpences_
(nay, even _Shillings_) coined with a much greater Allay than our
present Coin; as also _Groats_, _Three-pences_, and _Twopenny Pieces_:
The Government would receive such a Benefit thereby, as cannot be well
here express'd. And I dare answer to find a _Method_, with fine Copper
so intermix'd with Silver, that it shall not be worth any Person's
Time, Trouble and Hazard, to counterfeit it.
Our Silve
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