may boldly say that which I can well prove, that said Company of Merchants shall lose at least fifty thousand pounds by such an adventure if the returns be made in Spice, Indico, Callicoes, Benjamin, refined Saltpeter, and such other bulkey wares in their several proportions according to their vent and use in these parts of Europe. For the fraight of Shipping, the ensurance of the adventure, the charges of Factors abroad and Officers at home, the forbearance of the Stock, His Majesties Customs and Imposts, with other petty charges incident, cannot be less than two hundred and fifty thousand pounds, which being added to the principal produceth the said loss. And thus we see, that not only the Kingdom but also the King by his Customs and Imposts may get notoriously, even when the Merchant notwithstanding shall lose grievously; which giveth us good occasion here to consider, how much more the Realm is enriched by this noble Trade, when all things pass so happily that the Merchant is a gainer also with the King and Kingdom.
In the next place I affirm, that a Merchant by his laudable endeavors may both carry out and bring in wares to his advantage by selling them and buying them to good profit, which is the end of his labours; when nevertheless the Commonwealth shall decline and grow poor by a disorder in the people, when through Pride and other Excesses they do consume more forraign wares in value then the wealth of the Kingdom can satisfie and pay by the exportation of our own com-
