The prodigious increase of the Netherlanders in their domestick

and forreign Trade, Riches, and multitude of Shipping, is the

envy of the present, and may be the wonder of all future

Generations: And yet the means whereby they have thus advanced

themselves, are sufficiently obvious, and in a great measure

imitable by most other Nations, but more easily by us of this

Kingdom of England, which I shall endeavour to demonstrate in the

following discourse.

Some of the said means by which they have advanced their

Trade, and thereby improved their Estates, are these following:

Brief Observations concerning Trade and the Interest of Money

First, They have in their greatest Councils of State and War, trading Merchants that have lived abroad in most parts of the World; who have not onely the Theoretical Knowledge, but the Practical Experience of Trade, by whom Laws and Orders are contrived, and Peaces with forreign Princes projected, to the great advantage of their Trade.

Brief Observations concerning Trade and the Interest of Money

Secondly, Their Law of Gavel-kind, whereby all their Children

possess an equal share of their Fathers Estates after their

decease,and so are not left to wrastle with the world in their

youth, with inconsiderable assistance of fortune, as most of our

youngest Sons of Gentlemen in England are, who are bound

Apprentices to Merchants.

Brief Observations concerning Trade and the Interest of Money

Thirdly, Their exact making of all their Native Commodities, and packing of their Herrings, Codfish, and all other Commodities, which they send abroad in great quantities; the consequence whereof is, That the repute of their said Commodities abroad continues alwyas good, and the Buyers will accept of them by the marks, without opening; whereas the Fish which our English make in Newfound-Land and New-England,a nd Herrings at Yarmouth, often prove false and deceitfully made, and our Pilchards from the West Country false packed; seldom containing the quantity for which the Hogsheads are marked in which they are packed.

And in England the attempts which our fore-fathers made for

Regulating of Manufactures, when left to the Execution of some

particular person, in a short time resolved but into a Tax upon

the Commodity, without respect to the goodness thereof; as most

notoriously appears in the business of the AULNAGE, which

doubtless our Predecessors intended for a scrutiny in o the

goodness of the Commodity; and to that purpose a Seal was

invented, as a signal that the Commodity was made according to

the Statutes, which Seals it is said, may now be bought by

Thousands, and put upon what the Buyers please.

Fourthly, Their giving great incouragement and immunities to

the Inventors of New Manufactures, and the Discoverers of any New

Mysteries in Trade, and to those that shall bring the Commodities

of other Nations first in use and practise amongst them; for

which the Author never goes without his due Reward allowed him at

the Publique Charge.

Fifthly, Their contriving and building of great Ships to sail

with small charge, not above one third of what we are at, for

Ships of the same Burthen in England; and compelling their said

Ships (being of small force) to sail always in Fleets, to which

in all times of danger they allow Convoy.

Sixthly, Their parsimonious and thrifty Living, which is so

extraordinary, that a Merchant of one hundred thousand pound

estate with them, will scarce spend so much per annum, as one of

fifteen hundred pounds Estate in London.