Preface, The Answere.

It were a happie thing for Christendome (say many men) that the Nauigation to the East-Indies, by way of the Cape of Good hope, had neuer bene found out, For in the fleetes of shippes, which are sent thither yearely out of England, Portingall, and the Lowcountries; The gold, siluer, and Coyne of Christendome, and particularly of this Kingdome, is exhausted, to buy vnnecessarie wares.

The matter of this Obiection is very waighty, and therefore, it ought to be answered fully; the which that I may the better performe, I will diuide the same into three parts.

1. In the first, I will consider, the necessary vse of the wares, which are vsually brought out of East-India into Europe; namely, Drugs, Spices, rawsilk, Indico, & Callicoes.

2. In the second; I will intimate the manner & meanes, by which the said wares haue beene heretofore, and now are brought into Europe.

3. In the third and last; I will proue, that the treasure of England is not consumed, but rather greatly to bee increased by the performance of the said Trade.

The 1. part concerneth the vse of Indian wares.Touching the first; Who is so ignorant, in any famous commonwealth, which will not consent to the moderate vse of wholesome Drugges and comfortable Spices? Which haue beene so much desired in all times, and by so many Nations; not thereby to surfeit, or to please a lickorish taste (as it often happeneth, with many other fruites and wines) but rather as things most necessary to preserue their health, and to cure their diseases; euen as it is most notably set forth by some learned men, who haue vndertaken, to write vpon this subiect; and therefore, it shall bee altogether needlesse heere to discourse vpon their seuerall operations and vertues, seeing that, he that listeth, may be well instructed therein; if hee will peruse the volumes which are penned by the learned, for the benefit of all those, who shall make vse thereof.Sir Thomas Elyos his Castle of health. Rembert Dodoneus his history of Plants. The French Academy second part, & others.

But if peraduenture, it be yet further vrged; that diuers nations liue without the vse of Drugges and Spices: The answer is, That either such people know not their vertue; and therefore, suffer much by the want of wares so healthfull, or else, they are most miserable; being without means to obtain the things, which they so much want: but sithence I intend to be briefe, I will insist no further vpon this point; For the Obiecters might as well deny vs the vse of Sugars, Wines, Oyles, Raysons, Figgs, Prunes, and Currandes; and with farre more reason exclaime against Tobacco, Cloth of gold and Siluer, Lawnes, Cambricks, Gold & Siluer lace, Veluets, Sattens, Taffaties, and diuers other manufactures yearely brought into this Realme, for an infinite value; all which as it is most true, that whilest wee consume them, they likewise deuoure our wealth; yet neuerthelesse, the moderate vse of all these wares hath euer suted well with the riches and Maiestie of this Kingdome.

But I will come to the Raw-silks and Indico; this being so excellent for the dying of our woollen-cloathes, thereby so much esteemed in so many places of the world; that for ornament, together with the great reliefe & maintenance of so many hundreds of poore people; who are continually imployed,France and the Low countries of late yeares do make great quantities of wrought silke, of which wares they were heretofore serued from Italy. in the winding, twisting, and weauing of the same; Insomuch, that by the cherishing of this busines (as his Maiestie, for his part is graciously pleased to performe, in remitting the impost of Silke) it may well be hoped, that in short time, industry will make the art to flourish, with no lesse happinesse to this Kingdome, then it hath done (through many ages) to diuerse States in Italy, and lately also to the Kingdome of France, and to the vnited Prouinces of the Lowcountries.

Now as touching the trade of Callicoes, of many sorts, into which the English lately made an entrance; although it cannot bee truly sayd, that this commodity is profitable for the state of Christendome in generall (in respect they are the manufacture of Infidells, and in great part the weare of Christians) yet neuerthelesse, this commoditie, likewise is of singular vse, for this common wealth in particular; not onely therewith to increase the trade into forraine parts; but also thereby, greatly to abate the excessiue prices of Cambricks, Holland, and other sorts of Linnen-cloath;France, Italy, South Barbary, and other Countries. which daily are brought into this Kingdome, for a very great summe of money. And this shall suffice concerning the necessary vse of the Indian wares; In the next place, I will set forth the manner and meanes of their importing into Europe.

The 2. part Sheweth the manner & the meanes by which Indian wares haue beene and now are brought into Europe.It is an errour in those men; who thinke that the trade of the East-Indies into Europe had first entrance by the discouery of the Nauigation by the Cape of Good-hope. For many yeares before that time, the traffique of those parts, had his ordinary course by shipping from diuerse places in the Indies; yearely resorting with their wares to Mocha in the Red Sea, and Balsera in the Persian-Gulfe: From both which places, the Merchandize (with great charges) were after transported ouer land by the Turkes vpon Cammels, 50 dayes iourney, vnto Aleppo in Soria, and to Alexandria in Egypt, (which are the Mart Townes, from whence diuerse Nations, as well Turkes, as Christians, doe continually disperse the sayd wares by Sea into the partes of Europe:) by which course, the common enemie of Christendome (the Turke) was Maister of the Trade; which did greatly imploy, and inrich his Subiects, and also fill the Coffers of his owne customes, which hee exacted at very high rates;Rates vpon all sorts of Spices 22. per cent. Raw-Silkes esteemed about 2. per cent. Indico about 8. per cent. But by the prouidence of almightie God, the discouerie of that Nauigation to the East-Indies by the Cape of Good-hope (now so much frequented by the English, Portingalls, and Dutche; and also attempted, by other Christian Kingdomes) hath not onely much decayed the great commerce, betweene the Indians and the Turkes in the Red Sea; and in the Persian Gulfe (to their infinite hurt, and to the great increase of Christian trade,) but it hath also brought a further happinesse vnto Christendome in generall, and to the Realme of England in particular, for the venting of more English commodities; and for exporting of a lesse quantitie of siluer out of Europe, vnto the Infidells, by many thousand pounds yearely, then hath beene accustomed in former times; as I shall proue most plainly by that which followes.

And First, it will be necessarie to set downe the quantitie of Spices, Indico, and Persian Raw-silke (which is yearely consumed in Europe) and in them all to consider the cost with the charges to lade the same commodities cleare aboard the Shippes from Aleppo; and the like of all the selfe same wares,Such people as affect not the good of this Kingdome. as they haue beene vsually dispatched from the Portes of the East-Indies; wherein, will appeare that happinesse, which many do so much oppose; especially our owne Countrie-men, vnder the gilded tearmes of the Commonwealth; whilest being indeed either ignorant, or ill affected, they doe not onely grosly erre themselues, but also cause others to hinder as much as in them lieth, the glorie and well-fare of this Kingdome; but leauing them, I will set downe the sayd wares in their quantitie and prizes as followeth; and first,The quantitie of Spice, Indico, and Persian Raw-Silke, yearely consumed in Europe.

Now followeth the same wares both for quantitie & qualitie at their seuerall prizes as they are to be bought and laden cleare of charges.

The exportation of the value of 953543.l.sterling out of Christendome into Turkey yearely saued.So that by the substance, and summes of these accompts, it doth plainely appeare, that the buying of the sayd quantitie of Raw-silkes, Indico, and Spices, may be performed in the Indies, for neare one third part of the ready moneys, which were accustomed to bee sent into Turkey to prouide the same; So that there will bee saued euery yeare the value of 953543.l. 4s. 4d. sterling of readie moneys, that heretofore hath beene exporteth out of Christendome into Turkey; which is a matter of such note and consequence, that it may seeme incredible, before the circumstance bee dulie considered; and therefore least I should leaue the matter in doubt, it is requisite, that I doe make an explanation of some particulars.

And principallie, it must not bee conceiued, that this great aduantage, which hath beene spoken of, is onely the Merchants gaine; for the Common-wealth of Christendome, hath a very great part thereof in the cheapenes of the wares, as shall be (God willing) proued hereafter in his due place.

Secondly, the time of the Merchants forbearance, and interest, is verie long: his aduenture and assurance much dearer; his charges of shipping, victuals, Mariners, and factors their wages, far greater, then by the voyage into Turkey for the same wares; so that the former great difference must bee vnderstood in these particulars; whereby we may perceiue to our comfort, that the Materialls of the kingdome,Instance only, that ten shillings imployed in Pepper in the East-Indies, will require thirty and fiue shillings for all charges whatsoeuer to deliuer it in London. & the imployments of the subiects (in liew of readie moneys) becomes a verie great part of the price which is paid for the said Indian wares; which cannot hurt the State (as some erroniously suppose) but greatly helpe it, as I shall better proue in that which followeth.

First therefore, I shew for an vndoubted truth, That the Persians, Moores, and Indians, who trade with the Turkes, at Aleppo, Mocha, and Alexandria, for Raw-silkes, Drugs, Spices, Indico, and Callicoes; have alwaies made, and still doe make, their returnes in readie money: for other wares, there are but few which they desire from forraine partes; some Chamblets, Corrall, wrought silke, woollen-cloth, with some trifles, they doe yearely vent in all, not for aboue 40. or 50. thousand pounds sterling; which is no valuable summ in respect of that wealth which is carried from Aleppo and Constantinople into Persia for Raw-silkes, when least,The great Summes of money which the Persians and the Indians carrie yearely out of Turkey. 500000. pounds sterling Per annum: and from Mocha about 600000. pounds sterling (likewise yearely into India), for returne of Callicoes, Drugs, Sugar, Rice, Tobacco, and diuerse other things. So here is still a very great Commerce maintained betweene those Infidels; not onely for the Callicoes of many sortes, and other wares (which concerne their owne vse) but also for the Raw-silkes of Persia, which are altogether transported into Christendome.

How worthy an enterprise is it therefore in the English East-India Companie? by whose endeauours, there is now good hope to turne a great part of this wealthy Trade into England,The East-India Companie doe endeauour to bring the Raw-Silkes from Persia directly by Sea. by shipping directile from the Persian-Gulfe, whereby the imployments, traffique, and Customes of the Turkes, may be still more and more impayred; & the general Treasure of Christendome much less consumed; as is alreadie performed for the businesse of Spices and Indico.

And who shall then doubt our want of Siluer to mainetaine the Trade? if by this way wee doe obtaine the Silke, which with more aduantage & conueniencie, will draw the money to this Mart, then it hath beene heeretofore conueyed vnto those remote dominions of the Turke.

And least peraduenture it should bee thought, that the traffique in those parts by the Christians for the Persian Silke, is performed by change for other wares, or by the money which proceedeth of the sales of many rich commodities, which yearely they sell at Aleppo, Alexandria, Constantinople, and these parts:

The answere is, that neither the Venetians, French, nor Dutche, doe vent so much of their owne Country commodities in those parts, as doe prouide their necessarie wants of the proper wares of Turkes: such, as are the fine Raw-silke, made in Soria, Chamblets, Grogerans, Cotten-woolles, Cotten-yarne, Gaules, Flax, Hempe, Fleece-woolls, Rice, Hides, Waxe, & diuerse other things; so that still their raw-silkes of Persia, must be bought with ready money.Marcellis sendeth yearely to Aleppo & Alexandria at least 500000.l. sterling, and little or no wares. Venice sends about the value of 100000.l. & a great value in wares. The Low-countries sends about the value of 50000.l. sterling moneys, and little wares. Messina 25000l. in ready money. Only the English haue more aduantage then any other Nation in this kinde, for they vent so great a quantitie of broade-cloathes, Tinne, and other English commodities, that the proceed thereof, doth not onely prouide a sufficient quantitie of part of the said Turkish wares (which fit their vse,) but also a proportion of about 300. great balles of Persia Raw-silke yeerely.

And if in any yeere, they chance to buy a greater quantitie of silke, then must & do they furnish the same in ready moneys from the Portes of Marcellis, Genouay, Ligorne, Venice, or the Netherlandes. Neither are these the onely meanes, whereby the Empire of the Turke is so abundantly stored with Gold and Siluer, to the performance of the Indian-trade. For, many are the Christian shippes, which yearely lade with corne for ready moneys in the Archipelago; Great is the commerce from Poland, Hungarie, and Germany, with Gold and Dollers, for Chamblets, Grogerans, and other things: But that which is very remarkable, is the great quantitie of gold & some siluer coyned in Grand-Cairo, which by two seuerall Carrauans (in bullion) is yearely brought thither from the Abissians countrie in Ethiopia, for returne of many rich commodities,Abissians a people in Ethiopia whose influence hath made them dull, lazy, and without artes; enioying diuers Mines of Gold and one of Siluer, which doe procure their wants of forraine wares. as Veluets, Sattens, Cloth of Gold, Taffaties, Woollen cloath: polished Corrall, and other things.

Thus by the coherence of the Turkish-Trade with the Christians, Persians, and Indians, I haue shewed both the manner and the meanes, whereby the East-Indian wares haue beene heretofore, and yet are, in part, procured into Christendome. But least it should seem incredible, that the Turke would let so great a Masse of Treasure yearely to passe his Dominions, to the Indians, and to the Persians his professed enemies: I will make the matter yet more plaine.

And First, concerning the Raw-silkes, it is alreadie shewed, that hee hath the money from the Christians, besides the benefit he reapeth in their customes, with great imployments also for his Subiects.Turkey hath litle meanes for Linnen but onely from India. And for the Callicoes (his whole Empire hauing litle or no other meanes for Linnen) he can not possibly be without them, although it hath, & doth greatly exhaust his treasure; neither doth he gaine any manufacture by the same, as the Christians haue alwaies done by the Raw-silke, to the great reliefe of innumerable poore people, so much prouided for,The proceedings of some States in Italy for the maintenance of Arts. by the pollicie of all well gouerned and flourishing common-wealths: As by this occasion, and in a businesse of the like kind, I may instance the States of Genouay, Florence, and Luca; who for the maintenance of Artes and Trade, doe prouide Raw-silkes out of Sicilia for the value of 500000 pounds sterling at least yearlie; and for the payment thereof they doe vent at Naples,The ready moneys which are yearely carried from some States of Italy into Sicilia. Palermo, Messina, and those parts a certaine quantitie of Florence-Rashes and some other wares, for about 150000. pounds sterling per annum; So the rest, being 350000.l. sterling, is supplied all in readie moneys; which treasure they doe willingly forsake, to procure their Trade; for experience hath taught them that Trade is their imployment, & doth returne them treasure, for by those silkes (being wrought, transported & sould at Franckforde and other Marts) they haue the better meanes, to furnish their contracts with the King of Spaine in Flanders; and so from Spaine the Siluer must returne again to Italy. But if I should runne out in this and other particulars (fitting our purpose) it would make me too tedious, and so carrie mee beyond my ayme, which is to be briefe.

Wherefore, I will proceede to cleare some doubts, in those men, who perhaps not hauing the knowledge of occurrents in forraine partes, might thinke, that neither Venice, nor Marcellis haue the meanes or yet the mindes, to exporte such great Sommes of readie moneys, yearely out of those Dominions; especially Marcellis being a part of France, where neighbourhoode doth daily tell vs, that Gold and Siluer may not be conueied out of that Kingdome, for any valuable Somme, more then is permitted for the necessarie vse of Trauellers; Yet neuerthelesse experience hath likewise taught vs, that for the effecting of those Trades (whereof wee now speak, & which they esteeme so much) there is a free extraction out of the sayd places, of moneys both gold and siluer; whereof with them there is no want; for, the said wares do procure it abundantly.

How Marcellis and Venice are furnished with ready moneys.First, to Marcellis, it commeth not onely from Genouay, Ligorne, Cartagenia, Malliga, & many other Port townes of Spaine and Italy, but also from Paris, Roane, Sainct-Malloes, Tolouse, Rochell, Deepe, and other Cities of France; who want not meanes to haue great store of Rialls and Dollers from Spaine and Germany.

And in like manner, the Venetians dispersing the sayd Raw-silkes, and other wares into the seuerall States of Italy, Germany, & Hungarie, (who haue but few commodities fitting their barter or exchange: but onely moneys) are therewith aboundantly serued; For the mines of Hungarie and Germany affoord good quantitie of gold & siluer; And likewise the States of Italy, especially Genouay,The Italyan Merchants doe furnish the king of Spaine with money in Italy and Flanders. Florence, and Millane, haue euer store of Rialls out of Spaine in satisfaction of many great disbursments, which those Merchantes make for that King in his occasions of Italy and Flanders; of all which, I might make a large discourse, but I conceaue I haue sayd sufficient, to shew how the trade of the East-Indies hath beene, and now is brought into Christendome generally: what money is yearely sent out; by whom; & the possibilitie, or meanes which they haue to performe it. I will therefore in the next place, satisfie the Obiectors; that it is not the East-India Trade, which wasteth the Gold, and Siluer, Coyne, or other treasure of this kingdom in particular.

The third part doth shew how the East-India Trade doth enrich this Kingdome.For first, who knoweth not, that gold in the East-Indies hath no ratable price with Siluer? Neither hath the Siluer coyne of England any equall value with the Spanish Rialls according to their seuerall prices here; Besides that, his Maiestie hath not authorized the East-India Companie, to send away any part of this kingdomes Coyne, either Gold, or Siluer; but onely a certaine limited summe of forraine Siluer yearly; which as they dare not exceede, so neuer haue they as yet accomplished the same.

For it doth plainely appeare in their bookes; that from the originall and first foundation of the Trade, in Anno 1601.How much money and wares the East-India Company haue sent forth euer sithence the beinning of this Trade. vntill the moneth of Iuly, Anno 1620. they haue shipped away onely 548090.l. sterling in Spanish Rialls, and some Dollers; whereas by licence, they might haue exported in that time 720000.l. sterling.

Also they haue laden away in the same tearme of xix yeares, out of this Kingdome 292286.l. sterling in Broad clothes, Kersies, Lead, Tinne, with some other English and forraine commodities; which is a good Addition, and vent of our wares, into such remote places; where heretofore they haue had no vtterance at all.

The vent of English wares increased in the Indies.And note, I pray you, how time and industrie hath bettered this Trade, when in the last three yeares, there hath beene sent more wares to the Indies, then in the xvi. yeares before; and yet our expectation is not at the highest; for those new borne Trades within the Red Sea, and in the Persian Gulfe, doe bid vs hope for better things, as lately by letters from Spahan, we vnderstand of great quantity of Raw silke prepared by the English factors, which (by Gods assistance) wee may expect here about the moneth of August next; with encouragement also, to vent our English cloth, and Kersies in good quantities; the like of Iron, Tinne, & other things; whereof experience (of those alreadie sould) hath giuen vs sufficient approbation of their validitie.

Our stocke may be much increased by Trade from Port to Port in the Indies.And now (omitting much matter which might be written touching the discoueries of other Trades from one Kingdome or port to another, in the Indies: with the commodities thereof, whereby the imployment of our shippes, together with the stocke of money and goods which is sent out of England in them, may be much increased) I will draw to a conclusion of the point in hand; and shew, That whatsoeuer Summes of forren readie moneys are yearely sent from hence into the East-Indies,The moneys sent to the Indies is all forraine Coyne. His Maiestie in the letters Pattents granted to that Company, hath notwithstanding with singular Care prouided, that the brethren of the Company, shall yearely bring in as much siluer, as they send forth; which hath beene alwayes truly performed, with an ouerplus, to the increase of this Kingdomes treasure. Neither is it likelie, that the money which is thus contracted for, by the Companie at certaine prices,The East-India Companie are obliged to bring in as much money as they carry out of the Realme. and to be deliuered them at times appointed, would bee otherwise brought into England, but onely by vertue & for performance of the said contracts; for without this assurance of Vent together with a good price for the sayd moneys, the Merchants would vndoubtedly make their returnes in other wares; the vse and extraordinarie consume whereof, would be found lesse profittable to the Commonwealth, when the matter should be duly considered, as I shall yet further endeauour to demonstrate.Tobacco, Raysons, Oyles, and Wines, whereof there is no want, but rather too much Smoake.

And here I will suppose, That the East-India Companie may shippe out yearely 100000.l. sterling; yet it is most certain, that the Trade being thus driuen with such sums of ready moneys, it will not decay but rather much increase the treasure of the kingdom; which to proue, I will briefely set downe the substance of the English Trade vnto the East-Indies, concerning the quantitie of the seuerall sortes of wares, to be yearely bought there and sold here: with the vsual prices giuen for them in both places. And first, I will beginne with their Coste and charges laden cleare aboard the shippes in the East-Indies.A proportion of such Trade as is hoped yearely to be brought into this Realme from East-India.

All the sayd Merchandize haue beene often experienced, or bought at or about the prices aboue written; & we doe hope for our parts (besides the Trade of Raw-silkes from Persia yearely, to lade from the Indies, such quantitie of the seuerall sortes of wares as are here set downe, (if it shall please his Maiestie, to protect and defend vs concerning the Articles of agreement made with the Dutche, that they may not violate any of them to our hindrance or damage) al which wares in England will yeelde (as I doe conceaue) the prices hereafter following, Viz.

So that here would be our owne money againe;How much the kingdomes stocke may increase yearely by trading to the East-Indies. and more, the somme of 394223.l. 06.s. 08.d. aduanced towards the generall stocke of the Kingdome. For although the East-India Company shall disburse the greatest part of the sayd somme aduanced vnto his Maiestie for custome and impost; and also vnto the Factors, Officers, and Mariners, for wages, together with the cost of shipping, Victuals, Munitions, Assurance, and the like; yet all these (the Materialls of shipping onely excepted) are but transmutations, and no consumption of the Kingdomes stocke.2500. Tonnes of shipping will lade home all the wares afore written from the East-Indies. And the materialls of the said shipping (vn-wrought) is worth about 15000.l. sterling.

But if any man obiect, and say, that the sayd commodities being brought into England (as is before written) they are either consumed in the land, or being transported into forraine partes, they are changed into other wares; So that still wee want our 100000.l. in readie money:

1 The answere is; first, that in the occasion of this dispute, wee must conceaue the said wares to be of no vse for this kingdom, but onely for so much, as doe concerne the Trade thereof.

2 And secondly, in the said Trade, wee must cõsider, that although the said goods bee sent out, and returned home in other wares from forraine partes; yet still they are negotiated to the increase of the sayd stocke, & for the imployment of the subiects.

Lastly, if there bee a resolution to determine and end the businesse:India wares will bring readie moneys into the Realme. who doubteth, that the whole value may not bee presently returned hither in ready moneys? For in Italy, Turkey, and other places, where they are most vendible to profit, there likewise is the money free to bee exported at all times and by whomsoeuer.

And as it is most certain, that some other Merchandizes, sent out of this Kingdome were the meanes to bring in the 100000.l. in readic moneys, which is here supposed to be sent and imployed in the East-Indies (as aforesaid) so likewise,We haue no other meanes to procure Treasure but by Trade and Merchandize. there is the same power in these Indian wares, to procure other sums of readic moneys, to be brought into this kingdome: For let no man doubt, but that money doth attend Merchandize, for money is the price of wares, and wares are the proper vse of money; so that their coherence is vnseparable. And if the French & the Venetians made any doubt of this, they would not so willingly permit the value of 600000.l. sterling,The French & the Venetians send the value of 600000.l. sterling yearely in ready money into Turkey. or more in Spanish Rialls and Dollers, yearely to bee carried out of their Dominions into Turkey: whereof three quarter parts at least are imployed, onely for the buying of Persia Raw-silkes, which commoditie doth presently enable them with ready money from diuerse other States to performe the Trade; whereby their wealth doth much increase, and their people are greatly imployed. So to conclude this point, I will onely adde,Trade maketh some States very rich which haue little other meanes. that the East-India Trade alone (although it bee driuen in no amplier manner then is afore written) is a meanes to bring more treasure into this Realme then all the other trades of this kingdome (as they are now managed) being put together.

If the generall Trade of this Kingdome doth export a greater value in wares then it doth import yearely, then doth our treasure increase.For if the rule be true, that when the value of our commodities exported doth ouerballance the worth of all those forraine wares which are imported and consumed in this Kingdome, then the remainder of our stocke which is sent forth, must of necessity returne to vs in Treasure. I am confident that vpon a diligent and true inquiry it will bee found, that the ouerballance of all our other trades together will not amount vnto so great a summe of money as the East-India trade alone doth ouerballance in this kinde.

The trade to the East-Indies may be said to export 480000 pounds, and to import 120000.l. yearely. So the ouerballance is 360000 pounds sterling.And to make the matter yet more plaine, whereas it is already said that 100000.l. in money exported may import about the value of 500000. pounds sterling, in wares from the East-Indies, wee must vnderstand that part thereof to bee properly called our importation that this Realme doth consume, which is about the value of 120000. pounds sterling yearely. So the remainder being 380000.l. is matter exported into forraine parts in the nature of our Cloath, Lead, Tin, or any other natiue commodities, to the great increase of this Kingdomes stocke, and that also in so much treasure, so farre as the East-India Trade can bee rightly vnderstood to subsist in this particular.

Euery action ought especially to be considered in his end.For as all humane actions haue their termination and ends, so likewise there must be an end assigned vnto the affaires of the East-Indies; which are then truely said to be finished, when this Realme is serued, and the remainder of those wares which are sent from hence beyond the Seas, sold there, and conuerted into money; which likewise from thence may bee brought away freely, and without the danger of Law or prohibition.The East-Indian wares which are sent beyond the seas, are sold and haue their finall end in money, which might bee brought into this Realme in that kinde, if our other trades did not diuert the same.

Forasmuch therefore as it is well knowne to many men, that moneys are thus procured by the sales of Indian wares to profit, in the parts of Turkey, and at Ligorne, Genouay, the Netherlands, Marcellis, and other places: yet notwithstanding if all the sayd coyne, or any part thereof should bee diuerted from this Realme by some other new imployments or affaires, it must neuerthelesse be granted, that the said India wares hath their finall end in moneys. But I will cease to heape vp any more arguments, to prooue a matter which is already made so plaine; wherefore leauing this Obiection, I will endeauour to giue answer to the next.