Page:Mun - England's treasure by forraign trade.djvu/54

From Wikisource
Jump to navigation Jump to search
This page has been proofread, but needs to be validated.

which the Spanish treasure is dispersed into so many places of the world, let us likewise discover how and in what proportion each Countrey doth enjoy these Moneys, for we find that Turkey and divers other Nations have great plenty thereof, although they drive no trade with Spain, which seems to contradict the former reason, where we say that this treasure is obtained by a Necessity of Commerce. But to clear this point, we must know that all Nations (who have no Mines of their own) are enriched with Gold and Silver by one and the same means, which is already shewed to be the ballance of their forraign Trade: And this is not strictly tyed to be done in those Countries where the fountain of treasure is, but rather with such order and observations as are prescribed. For suppose England by trade with Spain may gain and bring home five hundred thousand Ryals of 8. yearly, if we lose as much by our trade in Turkey, and therefore carry the mony thither, it is not then the English, but the Turks which have got this treasure, although they have no trade with Spain from whence it was first brought. Again, if England having thus lost with Turkey, do notwithstanding gain twice as much by France, Italy, and other members of her general trade, then will there remain five hundred thousand Ryals of eight cleer gains by the ballance of this trade; and this comparison holds between all other Nations, both for the manner of getting, and the proportion that is yearly gotten.