THE MERCHANTS Map of Commerce: WHEREIN THE Universal MANNER and MATTER RELATING TO Trade and Merchandize, Are fully TREATED of; THE STANDARD and Current COINS of most PRINCES and REPƲBLICKS observ'd. The Real and Imaginary COINS of ACCOUNTS and EXCHANGES express'd. The Natural PRODUCTS and Artificial COMMODITIES and MANUFACTURES for Transportation declar'd. The WEIGHTS and MEASURES of all Eminent CITIES and TOWNS of Traffick in the ƲNIVERSE, collected one into another; And all reduc'd to the MERIDIAN of COMMERCE practis'd in the Famous CITY of LONDON.
By LEWIS ROBERTS, Merchant.
Useful for all PERSONS who shall be employ'd in Publick Affairs of PRINCES in Foreign Parts, for GENTLEMEN and others Travelling abroad, and for all MERCHANTS and their FACTORS, who Negotiate in any part of the WORLD.
The FOURTH EDITION, carefully Corrected, and Enlarg'd.
To which is ANNEXED, ADVICE concerning BILLS of EXCHANGE; Wherein all MATTER relating to BILLS of EXCHANGE, both Foreign and Domestick, is fully Treated of. Together with that most PERFECT TREATISE of TRADE, ENTITLED, ENGLAND 's Benefit and Advantage by Foreign TRADE demonstrated: By THO. MƲN, of London, Merchant.
LONDON: Printed for THOMAS HORNE at the South Entrance of the Royal Exchange, in Cornhill. 1700.
THE AUTHORS EPISTLE Dedicated to the MERCHANTS of ENGLAND in general, Giving a prospect of the ensuing Work.
I Was not ignorant when first I undertook this task, and busied my self to compass this Work, how difficult it would prove to be in it self; what slender furtherances I had to accomplish the same; and how weak my own abilities were to give it perfection: Yet notwithstanding all these obstacles, when I had duly consider'd the general want thereof, and the common benefit and advantage that would redound thereby, especially to Merchants; I resolv'd to take the same in hand, and cheerfully and willingly laid both my hand to the Work, and my shoulder to the burthen, collecting and gathering with laborious industry, and industrious labour, all those principal points and heads, as might either conduce to the accomplishment of the Building, or any way further my intended Fabrick: So that by my continual toil, and search after fit and apt materials, I hoped that at length a good issue would crown my endeavours, and finish this my intended undertaken task.
But after long and tedious inquisition, I found that the farther I sailed in this Ocean, the vaster were my desires, and the fewer were my furtherances to my wished Port; so that perceiving the Work thus to increase upon me, beyond my expectation and first purpose, I was constrained (with the wind-scanted Sea-man) to cast about again, and limit my self to a narrow scantling; for that to do it at large, and as the matter punctually required, was far beyond the reach of my knowledge; yet because I could not do as I would, I resolved to do as I could, and thereupon begun again to cast these my first scatter'd Collections into a lesser mould, and reduce my first thoughts and observations into such a second limit and order, as might best befit my experience, and the compass to which now I had confin'd it; conceiving that as my intentions (joyn'd to my labour and pains herein) tended only to the good of others, and principally of Merchants and their Factors, that reside or negotiate in Foreign Parts, so they will in requital be induced to have a good Opinion thereof, as a reward to me, for the benefit that shall redound to them by the same, excusing those errors which peradventure the better experienc'd may by tryal find in the perusal of this Work, and the defects which my ignorance hath inforc'd me to let pass, which by reason of the diversity and rarity of the matter the same is most subject unto, and the rather because I have been constrain'd oftentimes in this Desert to travel without a certain guide, and [Page] [...] [Page] [...] [Page]not seldom to Navigate by anothers Compass, having not in any Language or Country met with any Author, that could either totally conduct me, or truly rectifie my steps when I went astray. Yet I must confess I met with some that shot at the mark I aimed at; but it was at random, and came not home to my purposed blank. Others I found who took up stuff upon trust; but at length I was further'd by some Friends, whose Star led me when I was benighted, and whose Candle lighted me, when otherwise I should have stumbled; by which means, and my own Twelve Years Collections, during my abode and imployment in many parts of the World, I have at last by due sounding of the Channel, safely sailed over the Ocean afore-mentioned, and brought my Bark to an Anchor in her desired Harbour; and I hope so well observed the Depths, Shoals, Rocks and Sands thereof, that he that Navigates after me, and by this my Map, shall be secured from all dangers, and thereby bring his accompts to that wished Port, that may prove both to his own Profit and Commodity.
Now, Gentlemen, having thus then understood with what Industry and Care the materials of this Edifice have been collected, what pains have been used to bring it to this conclusion and perfection, and having truly weighed the benefit arising thereby; all these I suppose are effectual inducements to challenge a fair acceptance from you. Yet notwithstanding all these real arguments I cannot deny, but the Work it self may not only suffer in the opinion of the censorious, but be also subject to the verdict of the judicious. But I am certain the foundation of it is laid upon the Knowledge of Geography, and the use of Maps and Sea-Cards in General: So delightful, profitable and necessary to the Merchant, the study of which must not be neglected by any Person who would be esteem'd an expert Trader.
In raising our Structure; I describe, First the Empires, Kingdoms and Republicks of this habitable World; Next the particular Provinces of each; and then the most celebrated Towns of Traffick therein, together with their natural Products, Artificial Commodities and Manufactures.
Then I have given an Account of the several Coins there in use and current, with the Value and Denomination of them, and the Species wherein Merchants do there frame and regulate their Accompts by; also the Weights and Measures of those places, together with their Exchanges, and how those are found to be calculated amongst the Italians who are accounted the most expert Bankers and Exchangers in the World.
Lastly, I have added a Table of the Longitude and Latitude of all these eminent Places of Traffick, not only thereby to satisfie the curious, but the better to guide the inquirer to any such City or Town sought for.
And, in all this Work my chief ambition hath been to please all Merchants in general, and (if I may not be thought to judge too favourably of my own endeavours) I hope shall not fail therein. But I am almost confident, were my Labours duly weigh'd, my Work might challenge acceptance. However I offer it to the publick for their Benefit, and from the great Respect and Duty I owe to my native Country England.
[Page 1]THE MERCHANTS MAP OF COMMERCE.
CHAP. I. The Description of Countries conducible to the Description of Cities and Towns of Traffick.
The Description of Countries, conduceth to the Description of Cities and Towns of Traffick. BEFORE I descend to the particular parts of this Treatise, and before I describe the Situations of these Towns and Cities of Traffick, which here I intend to handle, I must of necessity for Method-sake, first by a cursory draught describe the Countries, Kingdoms, and Provinces, wherein the same are found to be situated and placed, and to do the same orderly, and as the Subject requireth, it is fit I should survey the means whereby the same is or may be performed, which according to the opinion of the Learned, is noted only to be done by the knowledge of Geography; which in it self is esteemed to be a knowledge so needful and requisite for a Merchant, Factor, or any other active person whose occasions may draw him to see or abide in forein parts, that it may not be neglected nor omitted. Neither is it held only necessary to such as manage private affairs by Merchandizing, as Merchants or Factors, who are led thereto by the Motive profit, but also such persons as are more eminent, and such as are of greater quality, whose motives are the publick affairs of Princes, as Ambassadors; or pleasure and delight, by Travelling, as Gentltmen, whose motive may be properly termed curiosity of mind and search of novelty; whicd last by observing the Fashions and Manners of divers Nations, and the Government and Policies of those Kingdoms, do dot only very much benefit themselves, but better their udnerstandings thereby, making their knowledge more capable of either publick or private imployment, when they return to their native houses.
The like I conceive the ingenious Merchant or Factor may (if he please) do, for being in his younger years imployed abroad in merchandizing, he may by well husbanding his merchantile imployment and time, join a future benefit of Mind, to a present profit of Estate; and by a provident judgment, and a judicious Providence, so manage his idle hours, and vacant time, that he fit his capacity, not only wisely to undertake and discreetly to undergo, but also skilfully to perform the greatest imployments that are incident to the service of a State or Kingdom; neither is it a rare or extraordinary thing to find those that have had their education thus, to have proved not only good Comman-wealths-men, but also excellent States-men: our own Country hath afforded some examples in all ages, but in other Countries many more are daily found; for it must be acknowledged, that from this School those ripe and mature judgments have sprung up, that in many Countries abroad, have given sufficient testimony to the World of their excellent abilities this way: and that the Art of Merchandizing, together with the frequenting of forein Countries, at the first to that end, hath afterward rather furthered, than any way backwarded their abilities to undertake, and judiciously to perform the same.
Merchandizing the first School of the present Government of many Common-wealths,The ancient policies and present flourishing continuance of the State of Venice, the politick and rich Estates of the Netherlands, the opulent and eminent quality of the Duke of Tuscany; the wealthy well-governed Hans-Towns in Germany, (and many more which I could nominate,) make good this Assertion; for in all these, Merchandizing is found to be the School from whence they gather their first Principles, and indeed the chief Foundation upon which their Fabrick of political Government is raised: the Scale by which their Counsels are framed, and the Pillars by which the same is seen to be supported and maintained.
How excellent is it then for a Merchant (that hath another proper and peculiar end of his travels,) so to imploy his time and spend his hours, as that he may at pleasure, without cost or charges, reap that benefit to himself which others purposely come to learn and painfully labour for, with great expence of time and money: and yet for all this, are peradventure destitute of those helps and furtherances, which Merchants and Factors by reason of their abode [Page 2]or vocation do continually enjoy, and who return as ignorantly home (perchance) as they went out; or happily furnished with some such cursory speculations, as reach not into the depth of such policies of Government, as the real intent of their travel doth truly require; whereas the Merchant that comes thither, not purposely to that end, but to benefit himself as a Merchant, may gather and lay up those his Observations obtained as Pastimes, and collected as Recreations, which will further and furnish him afterward, either by discourse for pleasure, or by necessity for profit and commodity, when he shall please to publish his secret treasure and put the same in practice.
Geography delightful, profitable, and necessary to the Merchant. Geography (by what hath been said,) being then granted to be both a profit and a pleasure to all, and specially to the Merchant, it must necessarily be granted to be useful also: for though we living in this Island acknowledge none for Merchants but such as adventure their Estates at Sea, and are by this means accounted for real Merchants; yet those that are versed in this Profession, and seen in this Art, know also that there be Merchants likewise that have their residence in Continents, where neither Seas are known, nor yet Navigable Rivers sound, yet for all this, supply with Land-Carriages of Horses Mules and Camels, by industry and labour, what Nature and our Habitation doth freely afford unto us, by the commodity of the incompassed Seas in Shipping; and these are observed and found to travel by Land in Companies and Caravans with their Merchandize from one Country to another, (as we do by Sea in Ships and Fleets (paying their Duties, Customs, and Tolls upon the entry and confines of every several Princes Dominions.
The commodity of this knowledge to Merchants.How then shall this Land-travelling Merchant know whose Kingdom he is in? what Prince commands, or who is Lord of that ground he treads upon, but by a speculation herein? Whereby shall he know what way he hath rid and travelled, where neither miles nor Leagues are accounted, or in use, but by this? How shall he know which way his course lies, where neither paths nor high-ways are found to direct him, nor guide to inform him; or how far he hath yet to go in that Princes Dominion, but by this? How shall he know what Rivers run in his way, what Straits or Mountains he hath to pass over, but by this? Nay, hereby he is instructed whether those streams be great or small; and whether passable by Boat, Bridge or Foord; and by this also what Plains, Woods and Hills, with their extent, fertility, and confinement, the better to provide for his accommodation, and the necessaries of his Journey; as also what Cities and Towns of Traffick stand in his Road; the limits and bounds of Kingdoms, the disposition of the Inhabitants, the alteration of the Climates, the Laws of those several Regions, the Commodities that those Countries do afford for Merchandizing; the plenty and scarcity thereof; and lastly, how they are supplied with forein Wares and Merchandizes, either by Lands, Seas, or navigable Rivers; and all these (besides many other needful lessons) may be hence learned and observed, which laid up in memory both in the course of his life and traffick, may in after-times much profit and advantage him. The benefit reaped thereby being thus briefly expressed, the thing it self challengeth in the next place to be handled; which according to my skill and insight, I shall succinctly touch so far as is needful to my present purpose.
Geography demonstrated. Geography in brief then, is an Art that doth demonstrate by rules in a flat, level or Plano, the whole Sea and Earth, and the division thereof, setting down by a certain method, the limits and extents of Countrïes, Provinces and Dominions of Princes; the situation of Cities, Towns, Hills, Rivers, Woods, &c. The bounds of Seas, Capes, Islands, &c. All which is performed and expressed by apt lines, numbers and parts of the Heavens; and lastly, it giveth rules to know the distances of the said places, either in leagues or miles from one Country, City or place to another; all which being also necessary to be known by the Merehant, I will in few words declare the same
Maps and Cards.First then to make the same more evident, the ground of this Art is ordinarily demonstrated and best expressed in Maps and Cards, which do comprize both the Earth and Waters, of which making one entire body, the Cosmographers do environ with five Circles; the first is the Equinoctial, then the two Tropicks, and lastly the two Polar Circles; thereby dividing the whole, which now we call the World, into five Zones, two whereof are found to be cold, two temperate, and one extreme hot; all which in these our days are found to be habitable, contrary to the opinion of some ancient Cosmographers: of which Circles and their particular parts, divisions, demonstrations and descriptions, it will not be unproper I should briefly handle, as an entrance into this work, and for the better understanding of what is to follow hereafter.
The use of Maps and Cards in general.Every Map or Card then for the most part is commonly traced with two sorts of lines, or circles, that is, Meridians and Parallels; Meridian.the Meridians are either Right or Circular lines, passing through both the Poles of the World, and are imagined to be drawn right up and down from the head to the foot of the Map, and called Meridians, because that when the Sun cometh to touch any of those lines, it is mid-day to those that dwell under the same.
[Page 3] Parallel.And Parallels are either right or circular lines, imagined to be equally distant one from another, which do cross the aforesaid Meridians with right Angles; and in the very midst of these Universal Maps and Cards, are most commonly drawn, from head to foot a right line, which signifieth not only the first Meridian, but also the Axletree of the World; Poles Artick and Antartick.the upper end of which line is call'd the Pole-Artick, or the North-Pole, and the nether end is called the Pole-Antartick, or the South-Pole, Equinoctialand this line is crossed in the very midst betwixt the two Poles, with another great circle, or rather right line called the Equinoctial; because, that when the Sun cometh to touch this line or circle, the day and night is equal throughout the whole World, the one half of which line towards the right hand, sheweth the East part, and the other half towards the left hand, sheweth the West part of the World; so as those two lines, the first Meridian and the Equinoctial, do point out the four Quarters of the World; East, West, North, and South, from whence the four principal winds do blow, between which winds are set down in all general Maps, and generally in all Sea-Cards, the other division of the winds, which as not much pertinent to my present purpose, I willingly omit.
Further, It is to be noted that both the Equinoctial and the Meridian Circles or Lines are divided each of them into 360 degrees; so as every quarter of them containeth 90 degrees: and in the Equinoctial are set down the degrees of Longitude, which is the length of the World, round about from West to East, and from East by West home again. The first degree whereof beginneth where the first aforesaid Meridian crosseth the Equinoctial, in the very midst of all Universal Maps in general, and so proceedeth Eastward unto the number of 180 degrees; which is as far as you can go Eastward: for from thence by reason of the roundness of the Earth, you must needs turn back again Westward, until you come to the 360 degrees, which is the last degree of Longitude, and endeth where the first degree beginneth.
Moreover, In the said first Meridian are set down the degrees of Latitude, that is, breadth of the World, both in Nor hern and Southern; for from the Equinoctial to the North-Pole, are contained in the aforesaid Meridian 90 degrees, and that is called the North Latitude; and from the Equinoctial to the South-Pole are contained in the said Meridian, other 90 degrees, which is called the South Latitude; and in most Maps the Equinoctial Line is divided and crossed with 18 Meridians, on each side of the first Meridian, dividing the Equinoctial into 36 several distances; every distance containing 10 degrees, and every degree containeth 60 Italian miles of length.
Circles Artick and Antartick.Again, betwixt the Equinoctial and each of the Poles are drawn certain Circles or Lines, which as I said before, are called Parallels, of which most commonly it is found that four are pointed with red Ink, signifying the four lesser Circles; the highest towards the North-Pole, is called the Circle-Artick, which is 23½ degrees distant from the Pole; and the lowest towards the South Pole is call'd the Circle-Antartick, which is also distant 23½ degrees from the Pole; 2 Tropicks. 1 Cancer, 2 Capricornand as touching the other two red Circles, the one lying betwixt the Circle-Artick and the Equinoctial, it is called the Tropick of Cancer; and the other lying betwixt the Equinoctial and the Circle Antartick, that is called the Tropick of Capricorn, and each of these two Tropicks is distant from the Equinoctial 23 degrees, 2. 8. ½ which is the greatest declination of the Sun; for betwixt these two Tropicks the Sun continually maketh his course, and returneth, mounting never higher than the Tropick of Cancer, nor descending never lower than the Tropick of Capricorn: for which cause some do set down in their Maps betwixt the said two Tropicks an overthwart line, signifying the Ecliptick line, under which the Sun continually walketh.
Five Zones and where placed.Furthermore, By help of the said four Circles, the Earth, (as I said before) is divided into five Zones, one hot, two temperate, and two cold: The hot is contained betwixt the two Tropicks, in the midst of which the Equinoctial line is placed; of the two temperate Zones, the one lieth betwixt the Tropick of Cancer, and the Circle Artick, and the other betwixt the Tropick of Capricorn and the Circle Antartick; and of the cold Zones; the one lieth betwixt the North Pole and the Circle Artick, and the other betwixt the South Pole and the Circle Antartick.
Moreover, besides the four special Parallels, there be also divers other Parellels drawn on each of the Equinoctial, both Northward, and Southward, which crossing in certain points, the first Meridian marked with degrees, do shew the true Latitude of every place, and under what Clime or Parallel it is: and also how many hours the longest day of any place under every Parallel is, beginning to account the same, either from the Equinoctial upward, towards the North Pole, along the first Meridian, marked with degrees of Northern Latitude, or else from the first Equinoctial downwards towards the South Pole, marked with degrees of Southern Latitude.
The division of the World into four parts.Also this World in all common Maps and Cards is divided into four parts, Europe, Africk, Asia and America, the bounds whereof will not be amiss here to be observed, and how many miles each particular division containeth, as well in Longitude as in Latitude, according to the opinion of Mercator, whom I willingly follow for my director in this point.
[Page 4] Europe. Europe then is bounded on the North with the North Ocean Sea, and on the South with the Mediterranean Sea; on the East with the Flood Tanais, and on the West with the West Oceane and Europe in measuring with a right line from the farthest part of Ireland on the West unto the Flood Tanais, on the East, both places having 52 degrees of Latitude, Long. 2166 miles.hath in Longitude 2166 miles, and in measuring with a right line, from the farthest part of Morea on the South, whose Latitude is 35 degrees unto the North Sea side, having 72 degrees of Latitude, Lat. 2220 miles.hath in Longitude 2220 miles, or thereabouts.
Africa. Africa is bounded on the North with the Straight Sea Gibralter, and with the Mediterranean Sea; and on the South with a Sea which divideth Africa from the South Land, not yet to us fully known; and on the East with the Red Sea, and on the West with the great Atlantick Ocean: and in the measuring of Africa with a right line, from Gambra on the West, unto the Cape de Gardaso on the East, both places having 10 degrees of North Latitude, Long. 4425 miles.hath in Longitude 4425 miles, and in measuring with a right line from the 50. degree of the Equinoctiall unto the Mediterranean Sea, it hath in North Latitude 32 degrees, which multiplied by 60, maketh 1920 miles, and in South Latitude measuring with a right line from the 50. degree of the Equinoctial unto the Cape of bona Esperansa, it hath 35 degrees, which also multiplied by 60 makes 2100 miles, Lat. 4020 mileswhich maketh the whole Latitude of Africa to be 4020 miles, or thereabouts.
Asia. Asia is bounded on the North, with the North Ocean Sea, and on the South, partly with the Red Sea, and partly with the other Seas and Gulphs adjoyning thereto; on the East with the East India Ocean, and the Straight Sea of Anian; and on the West with the Flood Tanais and Fens of Meotis, with the Cimmerian and Thracian Bosphorus, the Euxine and Mediterranean Sea, and part of the Arabian Gulph: and Asia then in measuring with a right line from the mouth of the Flood Tanais, to the Promontory Tamos, both places having 50 degrees of Latitude; Long. 4284hath in Longitude 4284 miles, and in measuring with a right line from the 150. degree of the Equinoctial, unto the Promontory Tabin; it hath in North Latitude 75 degrees, Latit. 4500.which being multiplied by 60 maketh 4500 miles.
America. America is bounded on the North with the North Ocean Sea, and on the South with the Magellanick Sea; on the East with the Atlantick Ocean; on the West with the West Indian Ocean, and the Straights of Anian, and in measuring with a right line from the Straights of Anian to the furthest part of Estotiland upon the 64. degree of Latitude, hath in Longitude 164 degrees, Long. 4264.which maketh 4264 miles, and in measuring with a right line from the 270, degree of the Equinoctial unto the North Sea: it hath in North Latitude 76 degrees, which makes 4560 miles, and in measuring with a right line from the 305. degree of the Equinoctial unto the Magellanick Sea; it hath in South Latitude 53 degrees, Latit. 3210.which makes at 60 miles the degree, 3210 miles.
Thus far shall suffice to have spoken in general of the Lines, Circles, and Divisions of the Universal Maps, and Cards found to be made by our Modern Cosmographers. That which cometh in the next place to be handled, as the more material and useful part, belonging to my present work, is the knowledge and situation of every Kingdom, Region, City, Mountain, Flood, and Lake found in this circumference: also the knowledge of the Seas, together with the Islands, Ports, Capes, Points and Bays which do belong to every one of the aforesaid parts and divisions of the World, and that are found therein comprised, which principally is manifested and learned by the Longitude and Latitude thereof in it self, which teacheth these particulars: Latitude how accounted.First, The very situation of the place; Secondly, The very distance from one place or City to another; Thirdly, How one place lieth from another; And lastly, With what wind you may sail from one Point, Cape or City maritime to another: in which four things the chief use of Maps are found principally to consist. First then, The degrees of Latitude or the elevation of the Pole) being both one thing) is accounted from the Equinoctial to either Pole which is 90 degrees, and the degrees of Longitude accounted upon the said Equinoctial from the Isles of Cape Verde towards the East; and so round about the Earth till you come to the number of 360 degrees: where it is to be noted, that the Provinces and Towns situated under one and the same degree of Latitude, have at the same time like hours of the day; but those that are situated under divers degrees of Longitude do differ in number of hours; and that is the cause that when it is in one Town noon-tide, it is in another Town distant thence 30 degrees towards the East two a clock in the afternoon, and so consequently for every 15 degrees distance, it is then found to differ one hour in time.
Days and nights differ according to the Latitude.Also those that dwell under one and the self same degree of Latitude have equal quantity of days and nights; but yet so as they which dwell on the South side of the Equinoctial have the shortest day, when we have the longest, and have their Winter when we have Summer: and those that are under divers degrees of Latitude, have inequality of days and nights; for the nigher that any place is situated towards any of the Poles, the more hours the longest day of the year in that place hath; and those that dwell under the Equinoctial have always their days and nights of like quantity: but I understand here by the day, the space between Sun-rising and Sun-setting; [Page 5]so that to those that have 30 degrees of Latitude, the longest day is almost 14 hours, and the nigher the Pole, the longer, insomuch as those that dwell under the Pole, and whose Zenith is the Pole, their year is but a day and a night, that is to say, they have six months day, and six months night.
It is also to be noted, that the Meridians are sound to have many necessary uses in the general and common Maps, for thereby is learned that it is noon tide or mid day sooner in one place than in another, by observing that Meridian that is most towards the East; which the Sun toucheth always sooner than that Meridian which is more towards the West.
Meridians and their use.By the Meridian is also known how the Eclipse of the Moon appeareth sooner to one place than to another, and sheweth what variety of time; for they whose Meridian is toward the West, do see the Moon sooner than they whose Meridian is more towards the East; Eclipse of the Moon when seen.whereas indeed the Eclipse of the Moon is seen to all places (where it can be seen) at one very instant of like greatness, and yet seemeth to be seen later or sooner by reason of the diversity of the time of the day, in places standing one East or West from another; and if the distance betwixt those two Meridians do contain 15 degrees of the Equinoctial, then the Eclipse appeareth to be sooner to the one than to the other by one whole hour, according to my former assertion, for every 15 degrees maketh an hour, and therefore observe how many 15 degrees you find betwixt the two Meridians, so many hours are to be accounted; and if fewer degrees be found, then the time of the Eclipse is to be shortned accordingly, attributing four minutes of an hour to one degree, &c.
Eclipse of the Sun when seen.As for the Eclipse of the Sun, it is seen neither generally nor fully at one self-same time, nor yet of the same greatness in all places: indeed it appears sooner to the Western Countries than to the Eastern; but the diversity of the time of appearance doth depend not only on the number of Meridians betwixt the two places, but also of the swift or slow motion of the Moon, which coming betwixt us and the Sun taketh the sight of the Sun from us.
Latitude and Longitude found out by the Meridians,The Latitude and Longitude of Cities and places may be found out by the Meridians also; but here it is observable, that the degrees of Latitude are in all places of like bigness, as making ever 60 miles, but the degrees of Longitude proceeding from the Equinoctial towards any of the two Poles, are unequal, and every one shorter than the other, and containing four miles; so that if two Ships were under the Equinoctial 150 degrees distant each from other, and being to sail towards the North Pole, upon the same course when they come to the 60 degree of Latitude, their distance shall be but 76 leagues, and the farther they go towards the Pole, the less distance they shall be one from the other, insomuch as when they are right under the Pole it self, they shall both meet: but this point more particularly concerns Navigation, which so far forth as it is requisite to the knowledge of a Merchant, I have handled in my Book of the Factors Aviso, which together with a Collection of the Sea-laws, I intend (God willing) hereafter to publish,
Now forasmuch as the use of these Latitudes and Longitudes is most necessary and needful in this Art, it is proper I should set down the ways whereby not only these Latitudes and Longitudes, but also the distances of all Cities and places by all universal Maps and Sea Cards that are perfectly drawn and delineated, is learned and found out.
To find out the Longitude of a place.First then, To find out the Longitude of any place, do thus: Extend a thred so as it pass through the Pole and through the place whose Longitude you seek in any Map or Card, even to the very Equinoctial and somewhat beyond, holding the thred strait, and then the number of degrees written upon the Equinoctial or Parallel will shew the Longitude.
Again. By the Meridians likewise are known what Longitude any place in the Map hath: as thus; set the one foot of a pair of Compasses in the place it self, and the other in some Meridian, that is next unto it, whether on the right hand, or on the left, it matters not; from thence draw down your Compass, following still that Meridian until you come to the Equinoctial line, and there mark upon what degree of the Equinoctial that foot of the Compass which you did first put in the place doth rest; then count how many degrees that is distant from the first Meridian, and that is the true Longitude of the place; and note, that that Longitude serveth to all the places that be under that Meridian, though they be never so far distant one from another North and South.
To find out the Latitude of a place.Now for the Latitude of that place or any other, do thus: Set the one foot of your Compasses in the very Pole, extending the other to the Place or City whose Latitude you seek, and keeping your Compass at that wideness, bring the moveable foot to the first Meridian whereon the degrees of Latitude are marked, and there staying it, the number of the degrees counting from the Equinoctial upwards towards the Pole, will shew the Latitude of the place sought; and note, that the like Latitude have all they that dwell under that Parallel, how far soever they dwell asunder East and West, and by knowing the Latitude of any place, you may quickly also find in some Maps under what Clime or Parallel such a [...] [...], and of how many hours the longest day is there.
[Page 6]Now to know how one place beareth from another and with what wind your Ship is to be directed from one Maritime Port to another, is needless here to be handled, as not pertinent to my task; but for what distance is betwixt two several places, many Cosmographers have found, by several ways taught the same; one only, the most common in use, I will pitch upon, as the most facile and easie.
To find out the distance of two places or Cities.To find out then the distance betwixt any two places, do thus: Set the one foot of your Compass on the one place, and the other foot on the other place, and apply that wideness to the Equinoctial, and look how many degrees of the Equinoctial that wideness comprehendeth, and allowing 60 Italian miles to every degree, you shall have the distance by a right line of those two places demanded.
But if the said two places have both either North or South Latitude, then substract the lesser Latitude out of the greater, so shall you find the difference; which difference, if you multiply by 60, the product will be the number of miles; and if to the whole degrees of difference there be annexed any minutes, then you must add to the product for every minute a mile.
But if one of the two places have North Latitude, and the other South Latitude, then you shall find their difference by Addition only, and not by Substraction.
The distances of two places having different Longitudes, and East and West Latitude.Now if you would find the distance of two places, differing only in Longitude, both places having either East or West Latitude; then substract the lesser out of the greater, so shall you have the true difference, which difference you must multiply by the number of miles belonging to their Latitude, which commonly is found on the North-West side of the Maps, or by the Table of miles answerable, of one degree of every Latitude, and the product thereof will be the number of miles; whereby the one place is distant from the other; but if one place have East Longitude, and the other West Longitude, then you must find the difference as well by Addition as by Substraction.
To conclude this point, I conceive it not much material to my purpose further to insist hereupon; for the diligent and ingenious will easily hereby comprehend the benefit that may redound to him by a general inspection in this Art, referring what is here by me willingly omitted to his own private search and study, and to such Authors as have learnedly written of this Subject more at large; and therefore from the universal knowledge of Maps that pointeth out the General Divisions of the World, I will come to the Particulars comprised therein, and view the Subdivisions thereof, as Potency, Might and Sovereignty have prescribed Rules thereunto.
This World then, consisting as I noted before of four Principal Parts, and every Part consisting of several Empires Kingdoms and Provinces in which many Commodities both natural and artificial are found fit for Commerce, and Traffick, and also wherein are noted to be divers eminent Cities and Towns of great concourse, of Shipping, Merchants and Trade, which Trade is maintained and driven by the said Commodities and Wares, and by the natural inclination of Mankind to in [...]ich themselves by Invention, and Time, hath devised the Art of Merchandizing, and by the means of Weights, Measures, Coins, Exchanges and Accomptkeeping, have drawn the same to certain Heads and Principals, which in this MAP OF COMMERCE I shall endeavour to demonstrate: But before I fall to Particulars, it is requisite I should first say somewhat of the same in general.
CHAP. II. Of the Art of Merchandizing, and the General Parts thereof.
Merchandizing accounted an Art. MERCHANDIZING (truly considered in it self, and rightly practised) may well be said to be an Art or Science invented by ingenious Mankind, for the publick good, commodity and welfare of all Common-wealths; for thereby some places and Kingdoms are supplied and furnished with those necessary things, whereof Nature her self hath proved deficient in, and which in some other places or Kingdoms hath abandoned, tending either to the need, ornament, or commodity of humane life, and is performed by exporting the superfluities, that are found in the one, to furnish the defects and wants that are found in the other: and the Arts-men that are seen thus to practise and exercise the same, and which do thus transport these things from one place to another, are generally known to us and commonly termed by the name of Merchants, and the things themselves wherewith they Negotiate and Traffick are termed Merchandizes or Commodities.
Merchandizing what. Merchandizing then of it self, in effect, is nothing else but a Commutation, Bargaining, Contracting or Exchanging of one man with another, and by giving by one, so much of one thing or Commodity, to have of the other, so much and the like value, of some one other differing Commodity else; and the [...] themselves subject to this Commutation, or Exchanging, are [Page 7]principally observed in all places to be two; The materials of Merchandizing, are Commodities and Moneys.first Wares or Goods, and secondly Moneys or Coyn; which two are usually observed to be contracted and bargained for, in three several distinct manners.
Commutations distinguished into three manners or kindsThe first is Goods for Goods, and this is termed Bartering. The second is Goods for Money, and this is termed Bargaining; and the third is Money for Money, and this is properly amongst Merchants, (in these days) termed Exchanging: from whence it proceedeth, and may be concluded, that all merchantile affairs and commerce-like Negotiations may be distinguished into three kinds or sorts, that is, into Bartering, commonly called Trucking; Bargaining, commonly called buying and selling; and into returning of Moneys from one place to another by Bills, commonly called Exchanging.
The first of these was taught to Mankind by necessity, who to provide himself of things that were needful, gave in lieu and in truck thereof and for the same, the things whereof he had store and plenty: The second kind was found out and invented to facilitate the first; and the third and last to facilitate the second.
Bartering.In the times of old amongst us, and yet in these days in many places of America, Asia and Africa: the first manner of Bartering was and is yet in use and practised, where though Gold and Silver and Brass was not known nor accounted as a stamped Coin, yet it was then both here, and is still here held in greater estimation than was any other commodity or mettal; the which Homer inferreth in his relation of the Trojan War, where he mentioneth that Achilles his Golden Armour was valued in barter at one hundred Oxen, and that the Brass Armour of Diomedes was valued in barter but at nine: But Man in process of time, finding it too too difficult a thing, and too too troublesome a business, to carry about him, all things thus barter'd and trucked from one place to another, chose out one singular thing, which as a common standard or measure, should countervail and be in Value as all other things, and which should be received and accounted of in payment, satisfaction, and equivalency to all others; and the things thus chosen and estimated, was Gold, Silver and Brass, the most excellent of Metals, which being then and since, by the Authority of princes, divided into great and small pieces, and into several and distinct parts and denominations, was stamped and coined with several characters, to denote thereby the true weight and value of the same; the which was first done by Servius in Rome of Brass, whereon was imprinted the Image of Sheep and Oxen, betokening the wealth and riches of those days, as Moneys do now with us; and because that ten of those pieces was then called a Denier, therefore it is that universally all such Moneys are still called by the Latines Denarii: this being then the original of Moneys, which afterward came to be coined both of Silver, and Gold; as I shall more at large have occasion to demonstrate in the Chapter of Moneys, in this following Treatise.
Bargaining.This first sort of Merchandizing or Commerce then, as I said before; termed Bartering or Trucking, of one Commodity for another, begat consequently by the means of Moneys the second manner of Negotiation, which is buying and selling, or bargaining; for all Merchants that would transport Commodities from one Country or place to another, to effect the same, needed either other Commodities, wherewith to barter. and so to procure them, or Money, and so to buy them; and therefore to facilitate Merchandizing, and to take away the incommodity and danger of the carriage of Moneys, about a man, or from place to place, a mean was invented to have the same in what Country a man pleased, without trouble or danger of the transport, carriages or rigor thereof; Exchangingand this was found to be best performed by Exchange, which is the third sort of Commutation; the which is noted to be no other than the giving of so much Moneys in one place to one, who should cause it to be again repaid in another place by another for him; as for example, Edward hath here in London one thousand pounds, and desireth to remit the same, or have it in the hands of Joseph, who resideth in Venice; and Lodowick hath one thousand pounds in Venice, in the custody and hands of Thomas, which he would get, receive, and recover out and have them here: it happeneth that Edward meeteth with Lodowick, to whom he delivereth and payeth the said one thousand pounds; and thereupon Lodowick writeth to Thomas, that he pay the said thousand pounds to Joseph, and thus each party comes to be both satisfied and accommodated; by which it may be discerned, that in all Exchanges, there is concluded two payments, two places, and four distinct persons; as he who payeth in the one place, and he who receiveth in the other; and he who receiveth in the one place, and he who payeth in the other; and from hence it consequently followeth, that no man can remit except there be another to draw; nor no man can in the second place receive, except there be another authorized to pay,
Exchanges drawn into a profitable Art, and the reasons thereof.In this manner then came in use the original of Exchanges, purposely invented to accommodate Trade and Commerce, the which at first was practised without either benefit or loss, or any other consideration; and to render again the self-same sum and parcel as was received: but other consideration; and to render again the self-same sum and parcel as was received: but in process of time it came to be considered, that the giver or deliverer of the Money came both to lose a certain space in time ere the same was repaid, and did also run a certrin risgo in the [Page 8]payment thereof, which the receiver or drawer enjoyed, and profited by; and therefore it was held reasonable that the deliverer should have some fruit and benefit, in requital and satisfaction thereof, which afterward occasioned that the second payment came to be somewhat greater than the former; and that in consideration thereof there should be restored, more than was received: The endeavour of this gain then hath converted Exchanges since into an Art or Mystery; from whence it proceedeth, that many are found at this day to remit and deliver Moneys, to the intent, to have the same returned with benefit, and not for a need or necessity to have it more in one place than in another; and many again are found to be takers and drawers, not with intent to withdraw or recover their Money, from another person, or place; but to serve themselves and their occasions with that of others, for a certain time, paying and allowing for the same, that consideration and interest as is agreed upon, and covenanted between them; which really and in effect is nothing else but a certain kind of permitted Usury, and therefore by some accounted as a thing unlawful, though by many, and by the common and received practice of the World, it is upheld and maintained with many solid reasons and substantial arguments; besides which, it is considerable, and peradventure it may well be granted, that if it were not that there is by this Art and Mystery, a gain and profit made thereof, very few Exchanges would present; because that draughts and remittances would in this nature but seldom happen, that would or might any way be available to Traffick and Commerce, and less benefit would consequently redound to the publick and universal Commerce of Kingdoms: and therefore though the intention of particular Exchanges, be not always found good herein, yet the general good effect which it produceth, and that proceedeth therefrom, is in it self and in the true use and custom thereof both approved and laudable.
Things considerable in Bartering.Now in the first sort of Commutation, which I term Bartering, many things do happen considerable and necessary in the Art of Merchandizing; the first is the knowledge as well in the Commodity, thus to be delivered, as in the Commodity so to be received: next a knowledge in respect of the value and present request and estimation of both; then in respect of the quality, whether it be lasting and durable, or impairing or perishable; and lastly in respect of the property, whether it be of it self natural and growing, or Artificial, and made by the hand and industry of man; and lastly in respect of the quantity, whether plentiful in abundance, or scarce and in few hands.
Things considerable in Bargaining.In the second sort of Commutation, which I term Bargaining, or buying and selling, are likewise besides the abovementioned, these particulars to be well known and considered; first a knowledge how the Commodity is either bought or sold, as either by weight, as are ponderous Commodities, or as by Concave or long measures, as are Commodities of length, or Commodities solid or liquid; the knowledge of which weights and measures, is in like manner perfectly to be known, and really to be understood; and then the fineness, goodness and current valuation of the Money of the place, is also to be known, and perfectly and rightly to be found out and be distinguished, that the bargain may appear to be made the more justly, equally, and conscionably between both parties; and for the needful circumstances observed in bargaining, these four things are considerable, as having necessary dependancies upon.
Principally four. First, A Merchant must know what to bargain for, and under this the knowledge of the Commodity it self is comprehended. Secondly, How to bargain, and under this the knowledge of the weights and measures in the general is comprised. Thirdly, When to bargain, and under this the fit and proper seasons of bargaining are generally included. Fourthly, With whom to bargain, and under this point is comprehended, the person and party interessed, that requires the accomplishment or credit in the bargain.
Things considerable in ExchangingNow in the third sort of Commutation, which is here termed Exchanging, the things necessary to be known and considerable by the said Art of Merchandizing are these: First, A knowledge of the fineness, goodness and current value of the Princes Coin, both where the party Remitter abideth, and whither the said Moneys are remitted; then a knowledge of the current rate of the Exchanging of the Par or Value for Value, both according to the Standard of the Country, and according to the valuation of the current Coin there passable; then of the Usance of the place; and lastly and principally, to avoid all prejudice and loss, a knowledge is to be had of the party who is the Drawer and Receiver of the same; and in default made of current satisfaction and payment accordingly, knowledge is to be had of the due and true manner and form of making of all legal intimations, protests, and other such needful instruments, circumstances and observations as are requisite thereto, according to the strict and solemn Rules required in a Bill of Exchange, which in its due place I shall more at large declare.
Now forasmuch as many of these afore-mentioned points may as well be included within the mystery of some subordinate Tradesmen, as comprehended within the bounds of the Art of Merchandizing; I shall not need to insist farther thereupon, only here insert some [Page 9]other principal parts and points more aptly comprised within the particular limits of this Science, which in brief I will only nominate, as fitly serving for an Induction to this present MAPOF COMMERCE, and as being the proper Instruments, wherewith also this Art of Merchandizing is practised.
I have noted before, that Merchandizing principally consisteth of Adventures made abroad into several Regions, and that for the most part Merchants are found to traffick and negotiate into divers parts and Countries of the World by the help and benefit of the Seas and Navigation; and to have to that end their Factors, Servants and Agents resident in foreign parts to perform those their Merchantile Occasions, and that Ships and Vessels of all burthens are daily seen to be by them so imployed and set on work through all the parts of the habitable World; therefore the next point needful their knowledge, and comprised in the Art of Merchandizing, I may intitle under the name of Shipping; which properly consisting of sundry portins may be fitly distinguished within the duties of four several distinct persons.
First duty to build, belonging to the Shipwright.The first Person is represented in the building of a Ship, wherein the whole materials are to be considered; next the Art of the framing, forming, and making thereof, is to be observed, the due rules of length breadth, depth, stowage, offence, defence and commodiousness in general is to be noted, with all other circumstances thereunto appertaining: and this I hold to be the proper duty of the Ship-wright, and the knowledge consequently not unproper to the Merchant, and fitly comprehended within the Art of Merchandizing.
Second duty to furnish and set out, belonging to the Owners.The second is represented in the setting forth of this Ship, wherein her tackle, apparel, victual and munition, and all her needful and dependent furniture is to be considered, her provision and store is to be observed: and this I hold to be the proper duty of the Owners and letters out of Ships to fraight, and the knowledge most proper for the Merchant, and comprehended also in the Art of Merchandizing.
Third duty to sail the Ship, belonging to the Pilot or Master.The third is represented in the sailing of this Ship, wherein the Art of Navigation is generally to be considered, with all circumstances thereunto of right appertaining, which I hold to be the duty of the Master and Pilot; and how far this knowledge may be necessary to the Merchant, I have mentioned in a Book intituled, The Factors Avizo, which I may, if occasion serve, publish to the use and benefit of Merchants and Factors that frequent the Seas, and take pleasure therein.
Fourth duty of imploying this Ship, belonging to the Merchant.The last is represented in the imployment of this Ship, wherein is considerable these six things. First, The lading of the Goods aboard, by which this Ship comes to be imployed, which must be done in fair and dry weather, and at fit seasons: Secondly, The stowage thereof aboard, which must be done without prejudice or hurt of one Commodity to another, by building of Bulk heads, and providing of Desnege, and the like, whereon the said Goods must bear or lie upon: Thirdly, In truly marking the said Goods, that it may evidently appear who is the right Owner and Proprietor thereof: Fourthly, In really paying and truly discharging all Customs, Duties and Charges thereupon, that neither the Ship nor Goods may be subject to loss, confiscation or prejudice thereby: Fifthly, In making assurance thereon, that the imployer preventing losses may not indanger his whole Adventure: And Sixthly and lastly, In a general knowledge of all the Sea-Laws comprised either in the Roll of Oleron or Consolato of Barcelona, that all Controversies between the Merchant and Mariner may be avoided; that he may thereby the better right himself, and do also that which is right to all others; and this I hold to be the proper duty of the Merchant and his Factor.
A Merchant is to know the form of a Bill of Exchange.In order to this I may here nominate such other things as are needful to his knowledge, and which have a necessary dependence upon the Art of Merchandizing, as next to know all manner of specialities proper to his Place and Calling. And first the manner, force, and virtue of a Bill of Exchange, the terms, and proper method thereof, with all manner of Observations required thereto by the solemn, and strict rules of the proceedings commonly used therein.
Secondly, Of all manner of Protests and Intimations.Secondly, The making of all Intimations, and Protests, in all cases whatsoever incident to this Art.
Thirdly, Of Charterparties.Thirdly, The manner and making of all Charter-parties for the fraightment of Ships; wherein all conditions and their circumstances must be truly and at large set down and declared, as the time when the covenanted Ship is to depart, the Ports where she is to unlade, the days agreed upon for her unlading, the sum agreed upon for fraight, and all other the particutar conditions accorded upon, the better to avoid all inconveniences and contentions in Law that may happen thereupon.
Fourthly. Of Bills of Lading.Fourthly, The manner of making of Bills of Lading, wherein the Goods laden, and the condition thereof is to be truly set down: also the Ship wherein the same is put, and the Master or Pilots name and who taketh the charge thereof; the place of unlading the said Goods, and lastly, the fraight to be paid for the same, when delivered according to conditions specified.
[Page 10] Fifthly, of Policies of Assurances.Fifthly, The manner of making of Policies of Assurances; wherein the Goods assured are to be nominated, the Ship upon which the same is laden, and the Master thereof declared, the Dangers and Adventure assured to be specified, the places whence and whither bound noted, the Rate or Premio agreed upon observed; and lastly, the Persons or Parties Assurers subscribed, &c.
Sixthly, of Bills of Debt, and Obligatory.Sixthly, The manner of making of all manner of Specialities and Bills of Debt, either as they are simply in use amongst us in England, or obligatory, as also to know the force and strength thereof in Law, both here and beyond the Seas, with Transportations thereof, as is used in many foreign Countries; wherein is to be set down the name and profession of the party debtor, the sum owing thereby, to whom the same is due, and the time when the same is payable, and the place where, and in Bills obligatory, the penalty for non-payment accordingly.
Seventhly, of an Acquittance.Seventhly, When the same is discharged, the form and manner of an Acquittance and general release in full discharge for the payment thereof.
Eighthly, of a Letter of Attorney.Eighthly, The manner of drawing a Letter of Attorney or Procuration, with the strength thereof both here and beyond the Seas: wherein is to be mentioned the power and authority given, the party that giveth the same, and the party who receiveth it, and the scope, end and determination thereof; Ninthly, in Accompt-keeping.and lastly, to conclude these necessary appurtenances and dependences upon the Art of Merchandizing, there must be added a right and perfect Skill in Accompt-keeping, that thereby all his daily Affairs, his Adventures, Shipping, Sales, Buyings, Payments and Receipts, &c. may orderly and truly be manifested, which is so far forth to be learned and known, that his Estate, Gains and Losses, and all passages that are else needful happening in the course of his Negotiations, Merchandizing or Commerce may appear, and which may thereby be either yearly, or oftner reduced into a ballance, to his own contentment, and to the commodity of his Estate and daily Traffick.
Tenthly, of Arithmetick.And as a Hand-maid or Usher to this Art of Accompting, he must, to finish and make up these helps and furtherances, have the assistance of the Art of Numbring or Arithmetick, in which whosoever is ignorant may not challenge to himself the Title of a Merchant, nor be said to have any Judgment in the Art of Merchandizing, nor hardly deserve the attribute of a rational man.
These are now the principal parts of the Art of Merchandizing, and the Basis whereupon the same is observed to have its foundation, as it is seen, practised, and exercised by all Merchants in general in these our days throughout the habitable World, the most part whereof I have more particularly handled in the following succinct Chapters, and some others I have willingly omitted, as being such as are so inherent to the Art it self, that every knowing Merchant must not be ignorant therein, having in all other respects endeavoured to make this MAP OF COMMERCE so perfect, absolute and compleat, that it may stand the Merchant (especially the Learner) in stead, both at home and abroad beyond the Seas, and serve him as a Guide and Tutor to direct and instruct him in all the parts of the Art of Merchandizing.
And having thus run over the ground of this Art it self in the general, I will in the next place begin with the Cities and Towns, where at this day it is found, that for the most part this Art of Merthandizing is seen to be practised and used.
CHAP. III. Of Cities and Towns of Trade in general, mentioned in this MAP OF COMMERCE.
Cities and Towns eminent in Trade, only mentioned in this MapMY purpose is not here to shew the Antiquity of Cities and Towns, according to their first original, nor the manners and custom used in their first foundation; neither yet speak of the divers kinds thereof, as at this day they are in themselves observed to be: But my intention is in this following Map of Trade, (having briefly shewed the common division of the four parts of the World,) to nominate and quote out the chief and principal thereof, as they are known to be to Merchants, and as they are found the most eminent and absolute in the Trade of Merchandizing; and therewith distinguish the diversities that are observed to be therein.
Six parts required in a compleat City.An absolute and compleat City or Town, as some learned have set down and expressed, cannot subsist of it self without six principal parts and helps, for the supportation thereof; and without which no City or Town can properly be said to be, or to have a being; First, It must have Victuals to feed and nourish it; and this is the proper task and duty of the Husbandman and Shepherd. Secondly, It must have Arms and Armour to defend it, and offend its Enemies; and this is the proper task and duty of the Souldier. Thirdly, It must have [Page 11]Wealth and Riches, as sinews for its imployment, in private and publick affairs; and this is the proper task and duty of the rich and eminent Inhabitants of this City. Fourthly, It must have Justice for Criminal and Civil Causes, to punish the bad, and reward the good; and this is the proper task and duty of Counsellors and Senators of State. Fifthly, It must have Religion and the Worship of GOD duly and reverently performed in it; and this is the proper task and duty of the Priesthood: And Sixthly, To make it a compleat, able, and absolute City, it must have Trade and Arts, practised therein, and this is the proper task and duty of the Merchant and Artificer that inhabit it. Now, though many Cities are seen sometimes defective in some of these parts, and are not so well furnished as this rule and the exactness of a compleat City requireth; yet it is daily manifested to the judicious and learned in Policies of State, and Government of Common-wealths, that Merchants, and such as exercise the Trade of Merchandizing in Cities, do supply by their endeavours and abilities by Traffick, most of those other parts and helps here before specified; and which are or may be found deficient and wanting therein. The Merchants purse and person supplies many defects in a City of Trade.For setting aside the Worship and Service of God, which is only fit and proper to Divines and Church-men, the person and purse of the Merchant supplies in a fair measure all the other parts before-mentioned; for first, the Merchants Navigation, and Traffick, is seen to supply the City with Corn, Grain, Cloth, &c. and all manner of Provision, both for back and belly, delight and ornament, tending either to pleasure or need; and this way he performs the part of the Husbandman and Shepherd; His Traffick is seen to supply the City with Arms, Armour, and all manner of Ammunition, either offensive or defensive; and thus far he performs the part of Souldier: His Traffick likewise is seen to bring Riches into the common Purse by Customs, Imposts, and such Duties; and thereby may be said to perform the part of the wealthy and most eminent thereof. He is seen by his wisdom, travel, and experience abroad, to be able oftentimes to sit at the Stern of the Cities Government, punishing the vicious, rewarding the virtuous; and herein he performs the part of a Senator and Counsellor: neither yet is he wanting in many other particulars, to perform the duty of a good Patriot and Citizen, (not comprized within any of these aforesaid limits;) for his Traffick is seen to improve the Countries Commodities, to set the Poor and Needy on work, to invent new Fabricks, Stuffs, and the like; to plant foreign Colonies, to setle Peace and Amity amongst Princes, to build warlike Ships, to train up Seamen; and to make the City and place of his abode famous and eminent by sundry other means, which I could exemplifie if need were in this place, and which at present I willingly omit.
Now then, if the Merchant and the Art of Merchandizing be so excellent, and consequently necessary in a City, and bringeth with it so many benefits and commodities: how happy then is that City, where many notable and well-govern'd Merchants are found to reside, and where their care of their own profit is so necessarily interwoven with the care of the Commonwealth's, and its good, that to themselves and to their Country, their labours and adventures do bring in thus mutually, not only a commodity, but also an honour: but to the matter; All Cities and Towns are not found in themselves proper for Commerce and Traffick, nor yet all of them fit residences for Merchants; What Cities are found fit for Trade and Commerce.therefore it is seen by experience, that Trade hath settled it self principally in two sorts of Cities and Towns; and in such, first the Inhabitants by Inclination, and then Foreigners and Strangers by Conversation, are observed and noted to have planted themselves, and established a Trade therein.
Two sorts of Cities of Traffick. Traffick then residing and abiding principally in two several sorts of Cities and Towns, by daily observation are found to be such as these; the first is the Maritime, and these are they that have their situation on the Sea-Shore or Coast, or upon navigable Rivers and Streams; and the second are they that have their situation within some Continent, and may be called Land-Towns and Cities, distant both from Sea and River. And though that in both these, Trade and Commerce is observable to be settled and driven; yet the manner and common form of this Trade is found to differ much, as being both of them proper to two several sorts of Traffick and Negociation.
Sea-Towns of Trade, what.The Trade observed then to be driven in Sea-Towns or Cities, seated on Navigable Rivers, is noted to subsist principally by Navigation, and by the easie Transportation of Merchandize by that commodiousness, from one place to another; which is indeed the most proper and customary way, whereby Traffick is in these days seen to be maintained and preserved; for in many places thus situated, it is noted that eminent Merchants do reside, who by reason of this Neighbourhood of the Sea, and consequently of Navigation, do hold a correspondency and Trade from one fit place to another, over all the known parts of the habitable World, Importing the Commodities of all other Countries, and Exporting the native Commodities of the place it self; and of this sort is Masilia, Amsterdam, Genoa, Venetia, Sevil, Lisbon, London, and many others, &c. Land. Towns of Trade, what.But the Trade observed to be driven in Inland Towns and Cities, subsists by carriage of Commodities by Land, which in some places is done by Carts, in some by Camels, Caravans, Mules, Horses, &c. as is at this day seen practised in [Page 12]many great Cities of the World; as at Aleppo in Turkey, at Spahan in Persia, at Agra in the Mogul Country, and such other, who enjoy neither the benefit of Rivers, nor yet the commodity of the Sea it self by many miles distance; yet therein are oftentimes found residing many Merchants of great eminency, and an ample Trade is discerned therein, as may be seen in this following Tract. And sometimes to add some furtherance to this their want, some of these have a Sea-Port or Haven, as the nearest whereto Ships from other parts do come in, and do there both land and relade as occasion requireth; in which nature is Alexandria to Aleppo, Combrone to Spahan, and Sindy to Agra.
Towns of Trade in Manual Arts and Fabricks.Besides which, I might here add a third sort of Cities, where yet Trade is noted to be settled, differing from both the former, and which cannot be comprised within either of the limits; and these are such as subsist by some excellent or curious Manual Arts or Fabricks, as is Norimberg and others in Germany, Rouen in Normandy, Florence in Italy, and Norwich in England, and some others; whose Trade subsists by the benefit of Nature, producing of it self, special or needful Commodities for Traffick, as doth Burdeaux by Gascoin Wines, Zant by Corrants, Smyrna by Cottons, Gilan in Persia by raw Silk, Ivisa by Salt, and the like: and where these are joined by situation proper for Traffick to the former, they are found to be far more absolute, eminent and compleat, as shall be discerned also in this following Tract.
Cities of Trade mentioned in the Map of Commerce.These are then the Cities and Towns which generally in this Map I handle, relating as near as my observation and reading will permit me, the Commodities that the place doth naturally afford for Merchandize, and the Commodities the same is noted properly to vent; together with the time when the same is either sent out or brought in, the quantity, how much; with all other such circumstances as are thereunto belonging.
Five places in a City depending upon Trade.Moreover it is to be noted, that in all Cities and Towns of Traffick, there are always found five particular places, that only have a being and dependency upon the Trade thereof.
The Burse, or Exchange.The first place is it where Merchants and Tradesmen do assemble and meet at certain hours, and limited times of the day, to confer and treat together, concerning Merchandizing, Shipping, Buying or Selling, and the like; as is seen to be the Royal Exchange of LONDON, the Burse in Antwerp, the Piazze in Venetia, and the like in other places.
The Custom-house.The second place is it where the Princes Customs, and Duties upon all Wares, either Imported or Exported by way of Merchandize is seen to be paid and collected, where Officers are appointed to attend the same; and where all Writs, as Cockets, Bills of Entry, Cetificates, and the like, are granted, both to load and land Goods, either going out or coming in, and these are called by several names, as in most places Custom-houses, Dattio, Commercios, and the like.
Magazines for Commodities.The third place is it where Merchants do keep their Goods and Wares in, where Weighers, Porters, Carmen, and Labourers, do hourly attend to be set on work; where Brokers and Contracters are daily imployed in making of Bargains, shewing of Wares, transporting of Bills of Debt, and such like, as is seen in the Besistons and Basars in Turkey, Alfondoces in Barbary, Pack houses in the Netherlands; and as was accustomed to be done in the Stillard in London.
Kings-Beam.The next place is it where the Publick Beam is set up, by the Authority of the Magistrate, to weigh all ponderous Commodities bought or sold, to decide Differences and Controversies arising by Weights and Weighing, and where a sworn Weigher, with labourers, at all hours attendeth upon Merchants occasions, and who by his place is to keep a Register of all Commodities weighed, to serve if need shall so require; and in this nature is the Weight- house called The Kings-Beam in London, the Domme at Amsterdam, the Vicont in Rouen, the Romano in Marsilia, and such like in other places of Trade.
Met-house.The next and last place is it where the Publick Measures, both of length, of dry, and of liquid Commodities, in every City are kept and set up by the Authority of the Magistrate, to measure all measurable Commodities bought or sold; to decide all Differences and Controversies arising thereabouts; and where a sworn Measurer is to give attendance with other necessary helpers at all hours to dispatch Merchants occasions, of which he is to keep a Register to serve in time of need, as was seen of old to be the Standard of Cheap in London, and as is found the like in other places.
And thus much shall serve to have said of Cities and Towns in general, of Trade, and of the principal places found therein, which have a dependence thereupon; which few Cities in the World, of Traffick do want, or are found to be defective in.
CHAP. IV. Of Customs, Impositions, and other Duties in general, paid by Merchants upon Commodities in all Cities of Trade.
Customs payable to Princes. TRADE in it self, hath ever been found to be, not only beneficial to the City and Country where the same is exercised and preserved, but also to the Princes and Sovereigns who command the same; and though the commodities and benefits that it brings with it be many and great, yet the principal are such as accruing to the Princes Coffers, come to them by the payments of certain Customs, Imposts, and Duties, that are by them imposed upon all Commodities and Wares, which by the way of Merchandize are either Imported out, or Exported into their Dominions; and for the better raising and collecting of which, there is seated as is before remembred, by the said Princes and their Authority in every such City and Town (where any Trade and concourse of Merchants is found to be) certain publick Houses, Customhouses.as Offices by the name of Custom-houses, where these Duties are collected, and where the Traders and Merchants do accordingly pay and satisfie the same.
Customs not always alike in all places.The Duty then of Custom, though in all Countries it be generally paid, yet it is not always found to be paid alike in all places, for it is sometimes found to be more, and sometimes less; and oft-times in some Countries it is paid according to the will of the Prince who imposeth the same, as being partly a Prerogative inherent to their Scepters, and partly as they are absolute Commanders in those Cities, Ports and Havens where this Traffick is so exercis'd, Custom due upon all Commodities.and is found to be payable, as I said before, upon all manner of Commodities used by way of Merchandize, either Imported or Exported out or into their Dominions, Countries and Cities.
The original of Customs.This Duty then thus called Custom, is conceived by some to have its first Original from a safeguard given by those Princes at Sea, to their Subjects and Merchants from all Rovers, Pirats and Enemies, and a Protection for free trading from all such dangers from one Port or City of Trade to another: but we see that in these days the payment of the Duty is still continued, and is daily paid by all Merchants; but the first institution and ground thereof (if so it was) is by many Princes either totally omitted, or at least- wise forgotten, and therefore it may now be more properly called a Custom than heretofore, and the places where the same is paid and collected, called thence Custom-houses.
The Merchant must learn what the Customs are, and duly pay them.The Merchant then that intendeth to Negociate and Traffick into any City or Kingdom (seeing there is a necessity in the payment and discharge thereof) ought first diligently and carefully learn and observe the sum and quantity payable upon all Commodities whatsoever; and then truly and honestly satisfie the same according to the Ordinances and Proceedings used respectively in those Countries, partly to avoid the danger of the loss of the Commodity (the non-payment being in many places the forfeiture) and partly the better thereby to make his Calculation either to buy or sell or profit, and that before he make Entry of any Goods in the said Custom- houses or Office (thus appointed for the collecting of this Duty) he take notice what the true and right custom in it self is; Book of Rates.to further which knowledge, it is often seen that a settled Rate by Book, or particular Teriffe, either in Print or Writing, may easily in every such City of Trade be had and obtained: But if (as it is sometimes seen) in some places that the same cannot be had, then the Trader must learn in this case from others what the Duty and Custom of the place is; wherein much care and circumspection is to be used; for the fraud and poling deceit, that is practised in sundry Custom-houses by many Officers where no such Books are publick, is excessive, when either they collect the same to the immediate use of the Prince, or when they collect the same to their own use, being let out to farm by contract and yearly Rent unto them by his Authority; many Merchants being deceived by their devices and slights, many Under-Officers and new Offices being daily hatched up and maintained by the chief Customers and Farmers, not only to the detriment of Merchants and of all Trade in particular, but also to the prejudice of the Sovereign, and all Traffick and Commerce in the general.
Custom differs in many respects.These Customs then, as I said before, are noted not to be paid in all Countries alike, for they are found to differ in divers regards; the principal whereof I have observed to be these:
In regard of place. First, They are found to differ in regard of Places and Kingdoms, as a far greater Custom is paid in Spain, and generally throughout the King of Spain's Dominions, than in France, Italy, Turkie, and in some other places.
In regard of Cities. Secondly, Some difference is also found in regard of times, as in priviledged Towns, enjoying free Fairs, Marts and Markets, as is seen observed by custom and long use in Rouen, Beaucair, Franckford, Messina, and other places where the Customs are then, and at that time little or else nothing, or far less than at all other times of the year besides.
[Page 14] In regard of time. Thirdly, Somewhat again in respect of Cities, enjoying a more peculiar priviledge and continued freedom in Trade in sundry Kingdoms, where little or no Custom is paid upon any Commodity whatsoever, either during a year after the Importing of the Goods, or for certain limited time or months; as it is seen in Legorn, Marsilia, and in many other Free Cities and Hanse-Towns, &c.
In regard of Commodities. Fourthly, Somewhat again in regard of Commodities, as is seen in England, and many other places elsewhere, where some Commodities are higher rated in the Custom than other some; some paying after the rate of 5 per cent. some 10, some 15, and some 20 per cent. and some yet more, and some less.
In regard of Weight. Fifthly, Somewhat again in respect of the Weight, as is seen in Rouen by the Vicont, in Lions by the King's Beam, in Stockholm by the Merchants weight; and so in other places where there is used a large weight in favour of the Merchants to pay their Custom by, and another lesser to buy and sell withal.
Strictness for not paying of Customs.All these things and many others, as necessary to this Commerce, must be truly learned; for ignorance herein is not pardonable, and is ever a prejudice to him that is found to exercise Trade; for the rigour and strictness practised in sundry Countries herein against Merchants is extream, whereas these Customs are not duly and truly to the utmost satisfied and paid.
In Russia, Denmark, Sweden.As the first in Russia, Denmark and Sweden, the Law is, That if a Merchant do not declare all his Goods in the Custom-house which he either Importeth or Exporteth, but concealeth some part thereof; all the rest of that Commodity being of the same kind, are forfeited to the Prince without favour or redemption.
In Spain's Dominions.In Spain, and generally throughout all the King of Spain's Dominions, the Commodities concealed are only forfeited, unless they be prohibited, or as they term it, Contrabanda Goods, and then all is lost.
In England, Scotland and Ireland.In England, Scotland and Ireland the like; for there the Goods concealed are only forfeited; but yet they may be had again upon Composition, for the Officer that maketh the seisure hath power by a License sued forth to compound for the one half, which is his part: and if no intention to defraud the King appear in the fact, the Barons of the Exehequer will deal favourably with the Merchant for the other half, which is the King's; and if a Merchant cannot for want of a Factory make a direct or perfect Entry, he may declare his Goods in the Custom-house, at sight; and taking up the same, it may be either weighed or measured, opened and perused by an Officer, and then afterward the Custom may be satisfied accordingly without further danger.
And if the Merchant would again ship out those Goods so brought in by him, he may do it by Certificate free of Custom for 13 months, and have the Impost thereof returned to him again provided the property hath not been during that time altered.
There is also by way of Tares granted to the Merchant in the Custom-house 5 per Cent. upon all Commodities, either weighed or measured, and allowances upon Wines and Oyls for leakage, and upon Clothes, Kersies, and such like, one in ten for wrappers, with many other limited Observations, which are found published in His Majesties Declaration, before the printed Book of Rates for Customs in England, &c.
In Germany, France, Italy, Netherlands.In France, Germany, and many places of Italy, and in the Low Countries, the Goods concealed are only forfeited; but the same may be afterwards compounded for, wherein the circumstances will in some places be considered, and the manner how the Error grew, and whether it appear to be done with a set purpose or not.
In Constantinople, Smyrna.In Constantinople, Smyrna, and many places of Turkie, the Goods concealed are not at all forfeited, but are to pay double the imposed Custom if taken, and then to be again restored.
I have noted, that the Rates of the Customs are found to alter in sundry Countries, as in Spain and Portugal is paid upon divers Goods 10 per cent. upon some 20 and 25 per cent. In Turkie is paid by the English only 3 per cent. but by all other Christian Nations 5 per cent. and the same is not there paid nor satisfied in Money, as in other Countries but in species and in kind, except compounded for before-hand, and so by a value reduced into Moneys: so also it is in some Countries more, and in some less, sometimes settled upon the hundred in value, and sometimes upon the piece; and in China and some places of India it is noted, that in favour of this Duty the Tessel and Ship is measured in length, and breadth, and depth; and so by a certain rule and sum the Custom is levied accordingly, upon all sorts of Goods aboard her without distinction alike in bulk.
Impositions upon Goods.Besides this Duty of Custom paid in most Cities by Merchants, as I have shewed, there is another Duty like to this, which is called by the name of Imposition, because the same is imposed upon some certain and particular Commodities, and not in general (as Customs are) upon all; the which also is not alike rated upon all Wares: for though they be found now to be much of [Page 15]the same nature as Customs are, yet originally they are conceived to be nothing but Custom strained beyond a fair proportion, and are imposed oftentimes more for the inriching of some private Courtier, than for the profit or benefit of the Sovereign, and which in themselves are found to be very heavy, excessive and burthensome upon some particular Commodities; and therefore, as there is a necessity in the payment thereof, so is there likewise a necessity that the same be truly learned and known, and also the Commodity upon which the same is so imposed; lest otherwise the Trader make a short reckoning in his accounts, and find this Impost to deceive him of his expected and hoped for gain.
Fees to Officers to be paid and known.To conclude, Neither are these Duties thus to be only learned, and duly satisfied according to the Customs and usance of every City and Country, but also all such appurtenances as belong thereunto, in the passing of all Goods in the said Offices and Custom-houses, as in Bills of Entries, Cockets, Certificates, passing of Bonds, and all Fees thereunto appertaining and thereupon depending, as to Waiters, Searchers, Clerks, Visitors, and such like, be also known and satisfied, the better to avoid the dangers and Inconveniences that may happen by the default thereof to the Goods whereupon the same is liable.
These Customs then and Impositions thus varying by time, places and circumstances, and imposed, altered and changed oftentimes at the will of the Prince, are not by the industry of any one hand to be punctually known in all places; therefore it sufficeth me to have given here these General Rules and Observations, conducing both to the knowledge and the necessity of the discharge and payment thereof, for the better Reiglement of Commerce in this particular; therefore I may be held excusable, if I be found in this point to be defective in this MAP, and so concluding herewith, proceed to the next point, which is of the Moneys and Coins of sundry Kingdoms, used in the Traffick of Merchandizing.
CHAP. V. Of the Monies and Coins of sundry Countries, used in general in the Traffick of Merchandize.
Silver and Gold the most excellent of Metals.AMongst all the diversity of Metals which GOD the Creator hath shut up in the closet and concavity of the Earth, none is accounted more singular and excellent than Silver and Gold, of which the Communication and Commerce of Mankind have framed and invented the use of Money and Coin, which Money and Coin may be properly termed to be the Universal Measure of all things in the World; and though that thus naturally and originally they be but Metals, and so to be in themselves accounted, yet in value and estimation, Moneys and Coins made thereof are to us (as all things,) for they are to us (converted once to th [...] use) as Meat, Cloth, House, Horse, and generally what other thing soever Man hath else need of; and thereby it is evident and manifested that all things are obedient and in subjection to Moneys; and that by this device, a mean was found out and invented, whereby one thing should be to Merchants as all, and therefore men thrust forward by natural inclination and worldly judgment, chose to this end and use at first, the thing that was found most durable, proper, and maniable, which they only observed best to be Metal; Coins made of Silver and Gold.and amongst all Metals gave Silver and Gold the preheminence in the invention of Moneys, which of their own nature was thus observed to be most durable and incorruptible, and of which we find, as well in these our times, as in times past, most Princes of the World, to make their current Coins of, between man and man in Trade of Merchandize. Bartering and Exchanging before the use of Gold and Silver.I deny not but in the innocency of those golden times of old, when neither Silver nor Gold was put to this use, there was yet a Traffick found, and a Commerce practis'd amongst Mankind, which may be imagined did not then extend it self to buying and selling in that same nature, as now it is in use since the invention of Moneys, but only to a Trucking, Exchanging, and Bartering, and that only for things necessary to back and belly to feed and cloath, and so to preserve life; but these times worn out by a more acute age, and men laying to themselves a foundation of Sovereignty and Greatness, the stronger still depriving the weaker, and riches thereby becoming desirable, this Mystery crept up, and was admitted; and therefore from these two Minerals was found out a Body, which once authorized by power of the Magistrate, had a predominancy over all earthly things, and by which was squared out and levell'd (as by an indifferent measure) all things appertaining to Mankind, the abundance thereof brought with it the abundance of honour, attendants, necessaries, and superfluities, so that he that had most in his possession, was accounted of, as being the most eminent and greatest personage in the eye, rule and esteem of the World.
But to come to the present Times, though in general throughout all Europe, it is now found that Coins and Moneys, of Silver and Gold, (as is afore observed) is only in use, and that all Commerce and Traffick is principally drawn and maintained thereby; yet it is noted in this MAP, that all Nations have not yet submitted their judgment to the Prerogative of these two [Page 16] Minerals, but retain still in use some other things serving in their stead and place; Several sorts of Moneys in several Countries. Moneys of Leather in S. Dominico, &c.for first, in the Islands of Porto Riccio, Saint Dominico, and in many places of America, they have in use small pieces of Leather, current for Coins amongst them, not that they want Silver and Gold, for they enjoy it in greatest abundance, but want the use and invention thereof; as of late days it is found to be established there by the Spaniards as with us in Europe. Neither was this only the custom of these parts alone; for it is observable, that in Peru, and elsewhere, where the greatest plenty of Silver and Gold was found out and digged, it was never put to this use by the Inhabitants themselves.
Divers yet in this kind, to this day, is the custom of Coins and Moneys that are used and goeth current throughout the World; for beside the aforesaid use whereto these Metals have been put, as to be thus imployed, the common Standard to rule all Trade and Commerce, and the Estates as well of the Prince as Subject in Europe, and many other parts of the World: those Nations that have been defective in this point, and that have not valued these Metals as the Europeans do, have yet found out some particular thing or matter, whereto they have by a National and unanimous consent, (as it were,) attributed this power to have a main stroak in their Negociation and Traffick, and wherein their wealth is found principally to consist.
Moneys of Shells in Tombute.In sundry parts of Africa, they use for their small Coins a kind of Shells as current amongst them, though their greatest payments be made either in Sand of Gold, which they term Tiburin, or an Ingot. The same is the use this day also in the Kingdom of Tombuto, and other adjoining Countries.
Of Iron in Massa.In other places of that Continent they use Iron for their Coin, their smallest pieces being an ounce weight; and this is seen practised in Massa, and other Kingdoms also thereabout.
Of Lumaches in Congo.In the Kingdom of Congo is taken up along the Sea-shore, great store of Shell fishes, differing from the former used in Tombuto, called Lumaches, which they distinguish male and female, the shell whereof is there accounted a Coin, and wherewith they use to buy both Silver and Gold, but with Silver or Gold either in Mass or Coin, can they not buy any other thing needful whatsoever.
Of Glass-Beads in Melinda.In Melinda, they have little Balls of Glass, in manner of our red Beads, which come to them from Cambaia and other places, and these are their Coins and Moneys; and with them Gold is neither found to be of account nor esteem.
Of Salt and Paper in Cathay.In some places of Cathay, their Money is a kind of Paper stamped, and in some other Salt baked into small Cakes, for the excellent use and scarcity thereof, passeth current as Coins amongst them.
Of Ganza in Pegu.In Pegu their Money is called Ganza, and is made of Copper and Lead, which every man may at his pleasure both coin and stamp that is able; for Gold and Silver is accounted as a Merchandize amongst them.
Of Almonds in Bengala.In Bengala, their small Money is a fruit resembling the Almond, which passeth current from man to man in Traffick. Of Skulls of dead men in Sumatra.And in the Island Sumatra it hath been observed, that the skulls of their slain Enemies was accounted their greatest treasure, with which they buy and barter; and he is the richest man that hath the greatest number thereof in his house. Of Pepper and Cocos in India.And lastly, in many places of India they use Pepper and Cocos-nuts in lieu of Money, and the same passeth current for Coin in many places of India: and to conclude, it may be observed throughout this MAP of COMMERCE, that though Silver and Gold is not the Metal generally in use for the coining and stamping of Money throughout all the World; yet these other things specified, carry with them in matter of Commerce in these places the like efficacy and power.
Money called by three several Names.To proceed then, Budelius, Varro, and sundry Authors writing upon the original of Moneys, and upon the excellency of this predominant point of Traffick, affirm, That all Coins in the general have been nominated by their several and distinct Names. 1. Moneta, 2. Nummus, 3. Pecunia; the reasons given thereof are these: Moneta.First, Moneta is said to have taken that name, and is derived à Monendo, which is to admonish and warn the people of the name of the Prince, vel Nummi nota, and of such a sign or mark impressed thereupon, thereby alluding to the faying of CHRIST, Matth. 22. Where the Pharisees brought him a penny, he thereupon demanding whose image and superscription that was? and they answered, Caesar's; then said he unto them, Give therefore to Caesar the things that are Caesar's, and unto GOD the things that are GOD's.
Nummus.Secondly, Nummus is said to take its name, as some will have it, à Numerando vel Numine, of the name of the Prince stamped upon it, as a Ducate is said from Ducatus, or as some say, from Numa Pompilius the Roman King, who is said to be the first that 1900 years past commanded Moneys to be made, whereof ever since after his name every piece of Money is called Nummus; or again, as some hold, it is derived from Nomos, which signifieth a Law, and [Page 17]implieth as much as such a Prince or such a Common-wealth hath ordained Money, from whom it hath taken a certain price and value.
Pecunia.Thirdly, Pecunia is derived à Pecude, of Cattle, Sheep, and Oxen; wherein was said to consist the wealth of the Ancients, and whereon the figure thereof was stamped, and is constiued to be all manner of living Creatures, wanting the form of Man: and some hold that the name of Money signifieth, not only Money numbred or told, but also all things that are contained in the World; as well moveable as immoveable, liquid as solid; and in general, all things whatsoever Men have upon Earth.
From these three names and kinds grew first amongst the Romans a particular distinction, and nomination of the quality of the species, as they were current in worth and esteem amongst them: for they had then in use certain Moneys of Copper, as well as the others of Silver and Gold: Denarii.and because every piece of the Silver was in value ten pieces of the Copper, it was called Denarius; and because every piece of Gold was worth ten pieces of Silver, the same was also called Denarius; and thus for distinction sake, other Nations in their Coins in after-ages followed their example; Easterling Money of England.and our English Moneys came to have the appellation of Sterling, and to be distinguished into pounds, shillings, and pence, as some say from the Easterlins that were in times past the Masters of our Mint, and the Refiners of our Coins, which yet holdeth this name, and by which the same is known throughout all Europe. But to conclude this Chapter, however Coins and Moneys came to have their original and names, and however the same came to be distinguished, and of what Metal soever the same is in these days found to be made of and framed; yet when once the same is allowed by the publick Authority of the Prince and Sovereign Magistrate, Coins debased or altered is a capital crime.it is held a capital Crime in all Countreys, either to deface, mend, alter, or any ways to debase the same; and therefore most justly (the circumstances considered) do the Coins of Princes current in all their Countries challenge a principal part and interest in the Universal Commerce of the World.
[Page 18] A Table shewing the fineness (compared with the Tower -Standard) the value as Bullion, and the Intrinsick value of several Coins of forein Nations, both Silver and Gold; as they were Essayed in the Tower of London, June 1651.
The fineness compared with the Tower-Standard. | The Names of the Coins of Silver. | The Weight by the Pound Troy. | The Value as Bullion. | The Value Intrinsick. | ||||||
oz. | dw. | oz. | dw. | gr. | s. | d. | s. | d. | ||
Worse | 0 | 10 | Holland Rix Dollars | 0 | 18 | 15 | 4 | 5 [...] | 4 | 7⅛ |
Worse | 2 | 3 | Lions Dollar | 0 | 17 | 18½ | 3 | 7 | 3 | 8 [...] |
Better | 0 | 4½ | Ducate of Flanders | 1 | 0 | 22 | 5 | 4 | 5 | 6 |
Worse | 7 [...] | Rix Dollar of the Emper. | 0 | 18 | 15 | 4 | 6 | 4 | 7 [...] | |
Standard. | Mexico Ryals of Eight | 0 | 17 | 12 | 4 | 4½ | 4 | 6¼ | ||
Better | 0 | 1 | Sevil Ryals of Eight | 0 | 17 | 12 | 4 | 4¾ | 4 | 6½ |
Worse | 0 | 1 | Old Cardecus | 0 | 6 | 3½ | 1 | 6⅜ | 1 | 7 |
0 | 0½ | French Lewes of sixty Soll | 0 | 17 | 11 | 4 | 4¼ | 4 | 6 [...] | |
0 | 1 | Old Milre of Portugal | 0 | 14 | 4 | 3 | 6¾ | 3 | 8 | |
0 | 1½ | St. Mark of Venice | 0 | 10 | 4 | 2 | 7½ | 2 | 8½ | |
4 | 6 | Double Stiver | 0 | 1 | 0 | 0 | 1 [...] | 0 | 1 [...] | |
0 | 12 | Cross Dollar | 0 | 18 | 0 | 4 | 3 | 4 | 4¾ | |
2 | 0 | Zealand Dollar | 0 | 13 | 0 | 2 | 8 | 2 | 9 | |
0 | 1 | Single Milre of Portugal | 0 | 7 | 4 | 1 | 9½ | 1 | 10¼ | |
1 | 0 | Old Phil. Dollar | 1 | 2 | 0 | 5 | 0 | 5 | 2 | |
0 | 1 | Portugal Testoon | 0 | 5 | 0 | 1 | 2 [...] | 1 | 3 [...] | |
0 | 12½ | Far. Dollar 1623. | 0 | 18 | 6 | 1 | 3¾ | 4 | 5½ | |
0 | 10½ | Prince Orange Dollar 1623. | 0 | 18 | 6 | 4 | 4¼ | 4 | 6 | |
0 | 9½ | Leopold Dollar of 1624. | 0 | 18 | 2 | 4 | 4 | 4 | 5¼ | |
0 | 10 | Rodolph. Dollar of 1607. | 0 | 18 | 7 | 4 | 4½ | 4 | 6¼ | |
0 | 4 | Max, Emp. Dollor 1616. | 0 | 18 | 2 | 4 | 5¼ | 4 | 7 | |
0 | 13 | Danish Dollar 1620. | 0 | 13 | 0 | 3 | 0 [...] | 3 | 1 [...] | |
0 | 0½ | Half a new French Crown | 0 | 8 | 18 | 2 | 2 [...] | 2 | 3 [...] | |
0 | 0½ | A new quart Card. | 0 | 4 | 9 | 1 | 1 [...] | 1 | 1 [...] | |
0 | 0½ | The ⅓ of a new Card. | 0 | 1 | 11 | 0 | 4½ | 0 | 4½ |
The fineness compared with the Tower-Standard. | The Names of the Coins of Gold. | The Weight by Troy. | The Value as Bullion. | The Value Intrinsick. | |||||||
Car. | gr. | dw. | gr. | l. | s. | d. | l. | s. | d. | ||
Worse | 0 | 0¼ | French Lewes | 8 | 14 | 1 | 8 | 7 [...] | 1 | 9 | 2 |
Worse | 0 | 0¼ | Holland Rider | 6 | 10½ | 1 | 1 | 6¼ | 1 | 1 | 11 |
Better | 1 | 2 | Hungary Ducket | 2 | 6 | 0 | 8 | 0½ | 0 | 8 | 2¼ |
Worse | 0 | 0½ | Pistolet of Spain | 4 | 8 | 0 | 14 | 5¼ | 0 | 14 | 8½ |
2 | 0 | Flemish Alber | 3 | 8 | 0 | 10 | 11 | 0 | 11 | 1½ | |
3 | 1 | Flemish half Alber | 1 | 20 | |||||||
0 | 0¼ | Double Sow of Flanders | 7 | 3½ | 1 | 3 | 10¾ | 1 | 4 | 3½ | |
0 | 1¾ | Italian Pistolet | 4 | 6 | 0 | 13 | 11½ | 0 | 14 | 2¼ | |
4 | 2½ | The Gilder of | 2 | 3 | 0 | 5 | 7 | 0 | 5 | 8 | |
3 | 1¾ | Gild Matth. Emperor | 2 | 3 | 0 | 6 | 0 | 0 | 6 | 1½ | |
3 | 2¾ | Gild of Norimberg | 2 | 3 | 0 | 5 | 11¼ | 0 | 6 | 0¾ | |
0 | 0 [...] | Milre of Portu | 7 | 12 | 1 | 5 | 0 [...] | 1 | 5 | 6 | |
Better | 1 | 3½ | Venice Chequeen | 2 | 5 | 0 | 8 | 0¼ | 0 | 8 | 2 |
[Page 19] A Table of the Gold and Silver weights of several Nations, taken from the Standards, and compared with the Denarius or Pound Troy English, consisting of 5760 Grains.
- SUch parts, or grains, of the English Standard for Gold, and Silver (or of the Troy weight) as the Denarius Consularis containeth 62, according to the weight of the best Coins, or according to the weight of the Congius of Vespasian 62⅘ Grains.
- The ancient and modern Roman ounce containeth 438 grains.
- The ancient and modern Roman pound, consisting of twelve ounces, containeth 5256 grains.
- The Troy pound, or English Standard of Gold and Silver, consisting of twelve ounces, containeth 5760 grains.
- The Troy or English ounce (to which five shillings two pence of our Money in these times are equal) containeth 480 gr.
- The Paris pound, or Standard for Gold and Silver of 16 ounces 7560 gr.
- The Paris ounce 472½ gr.
- The Spanish Pound or Standard for Gold and Silver of 16 ounces, taken by me at Gibralter, 7090 gr.
- Another weighed by me at Gibralter, 7085 gr.
- The Spanish Pound in Vilalpondus is (I know not by what error) but 7035 gr.
- The Spanish ounce at Gibralter, the Pound consisting of 7090 grains English 443½ gr.
- The Venetian Pound, or Standard for Gold and Silver, of 12 ounces 5528 gr.
- The Venetian ounce 460⅔ gr.
- The Neapolitan Pound or Standard for Gold and Silver of 12 ounces 4950 gr.
- The Neapolitan ounce 412½ gr.
- The Pound or Standard for Gold and Silver of twelve ounces at Florence, Pisa, and Legorn, 5286 gr.
- The ounce at Florence, Pisa, and Legorn, 440 [...] gr.
- The Pound or Standard at Siena for Gold and Silver of twelve ounces 5178 gr.
- The ounce at Siena 431½ gr.
- The ounce at Genoa for Gold and Silver 405½ gr.
- The Turkish Oketh or Oke, at Constantinople, consisting of four hundred silver drams, 19128 grains.
- The Silver Dram generally used in the great Turks Dominions, as also in Persia, and in the Moguls Countreys, if I be not mis-informed, 47 41/50 gr.
- The Turkish Sultani, or Egyptian Xeriff, being a Gold-coyn, with which the Barbary and Venetian Chequeen, and Norimberg Ducat, within a grain more or less, agree 53½ gr.
- The Ratel, or Rotulo, for Gold and Silver of 144 drams at Cairo, 6886 [...] dr.
- The Ratel, or Rotulo, for Silk of 720 drams at Damascus, with which I suppose they there formerly weighed their Gold and Silver; because most Countreys use the same weights for Silks, Gold, and Silver) 34430⅖ gr.
The Standard for Gold, An. 1577. was 23 Carots, 3 grains and ½ of fine Gold, and ½ grain of Silver or Copper.
- 12 oz. of Gold of the said fineness is valued at 36 l.
- 1 oz. of the same 3 l.
- 1 Kes of the same 1 l. 10.
- 1 Kes. grain 7 s. 6.
- 1 Peny weight 3 s.
- 1 Small grain 1 d. ½ ob.
- 1 Carot upon the ounce is in value 2 s. 6 d.
- 1 Carot is in value 7 d. ½ ob.
- 1 Small grain 1 d. ½ ob.
- 12 oz. of Angels of Gold hath in them half a Carot grain of Allay, which is 30 small, and 5730 small grains of fine Gold, which maketh together 5760 grains, being 24 Carots or 12 oz. Troy.
The Standard of Crown Gold is 22 Carots of fine Gold, and 2 Carots of Allay, which 24 Carots or 11 oz. fine Gold, and 102 of Allay makes the Pound Troy, by which reckoning
- 12 oz. of Crown Gold is in Money 33 l.
- 1 oz. of the said Gold is 2 l. 15 s.
- 1 Carot of the said Gold is 1 l. 7 s. 6.
[Page 20] It is to be noted, That all Gold is in value by the Ounce according as it is in fineness, that is to say,
l. | s. | d. | ||
The ounce of | fine Gold is in value | 3 | 0 | 0 |
23 Kes. fine | 2 | 17 | 6 | |
22 Kes. | 2 | 15 | 0 | |
21 Kes. | 2 | 12 | 6 | |
20 Kes. | 2 | 10 | 0 |
And so losing its value 2 s. 6. d. per ounce, as it wants a Carot in fineness in 24. or Pound Troy.
King James by Proclamation, dated at Westminster, 16 Nov. 2d year of his Reign, appointed several Coins of Gold and Silver of one Standard, with their weights according to the Account of the Mintmen of both Nations, which is exprest in this following Table. Note, that the Pound Troy is greater than the Pound Scotch by 4 peny weight and 9 gr.
English Weight. | ||||||||
s. | d. | Peny wt. 20. | Grains 24. | Mites 20. | Droit 24. | Perots 20. | Blanks 24. | |
Pieces of Gold. | 20 | 6 | 10 | 16 | 18 | 10 | ||
10 | 3 | 5 | 8 | 9 | 5 | |||
5 | 1 | 14 | 14 | 4 | 12 | 12 | ||
4 | 1 | 6 | 19 | 8 | 10 | |||
2 | 6 | 0 | 19 | 7 | 2 | 6 | 6 | |
Pieces of Silver. | 5 | 19 | 8 | 10 | 8 | |||
2 | 6 | 9 | 16 | 5 | 4 | |||
12 | 3 | 20 | 18 | 1 | 10 | |||
6 | 1 | 22 | 9 | 0 | 15 | |||
2 | 0 | 15 | 9 | 16 | 5 | |||
1 | 0 | 7 | 14 | 20 | 2 | 12 | ||
½ | 0 | 3 | 17 | 10 | 1 | 6 |
Scotch Weight. | |||||||
Denies. | Grains 24. | Primes 24. | Seconds 24. | Thirds 24. | Fourths 24. | ||
Pieces of Gold. | 7 | 21 | 7 | 1 | 19 | 0 | |
3 | 22 | 15 | 12 | 21 | ½ | ||
1 | 23 | 7 | 8 | 10 | ¾ | ||
1 | 13 | 20 | 16 | 8 | ¾ | ||
0 | 23 | 15 | 4 | 5 | 0 | ||
Pieces of Silver. | 23 | 15 | 21 | 5 | 0 | 13 | |
11 | 19 | 22 | 14 | 12 | 6 | ½ | |
4 | 17 | 13 | 20 | 1 | 0 | ||
2 | 8 | 18 | 22 | 0 | 12 | ||
0 | 18 | 22 | 7 | 8 | 4 | ||
0 | 9 | 11 | 3 | 16 | 2 | ||
0 | 4 | 17 | 13 | 20 | 1 |
To know the goodness of Gold or Silver upon the Touch-stone, by comparing it unto certain Wires or Needles of Gold and Silver of several allays, which is approved by Pliny Book 33. Chap. 18. before the way of Trial by Essay by Fire; for that there are many casualities in the practice of making Essays by Fire; and the other by the Touch is visible to the Eye
Those Needles or Wires to be made of four sorts: First, they be made of Gold and Silver; Second, of Gold and Copper; Third, Of Gold, Silver, and Copper; And fourth, Of Silver and Copper: The three first sorts are only for the Trial of Gold, and the last for Silver.
Let there be 24 Needles of Wires made of the several mixture or allays following:
The | 1 | of | 24 | Carot, that is of fine Gold. | ||
2 | 23 | Carot of fine Gold, and | 1 | Carot of Silver. | ||
3 | 22 | 2 | ||||
4 | 21 | 3 | ||||
5 | 20 | 4 |
And so still 1 Carot worst, till you have but one Carot of fine Gold, and 23 of Silver, all marked of what fineness each Needle or Wire is of, Also there may be made the like of the other two mixtures, viz. of Gold and Copper, likewise of Gold, Silver, and Copper.
[Page 21] For the making those Wires or Needles for Tryal of Silver, let the mixture or Allay be as followeth.:
The | 1 | of | fine Silver. | |||
2 | 11 | ounces of fine Silver, and | 1 | ounces of Copper. | ||
3 | 10 | 2 | ||||
4 | 9 | 3 |
And so till you have 1 ounce of Silver, and 11 ounces of Copper; all marked of what fineness it is.
The use of these several Needles is, if you desire to know the goodness or fineness of any Ingot, or piece of Gold or Silver, touch the said Ingot or piece upon your Touch-stone, and by it touch such of your Needles as shall be most like the touch of your Ingot, which will better appear being wetted with your tongue, and that of your Needle the Gold or Silver Ingot or Piece is best like unto, of that finess it will be found to be.
Sheweth the Fineness or Goodness of divers several Coyns of Gold and Silver, and the Rates of certain forein Pieces of Gold and Silver (not current) as the [...]nce is worth in the Kings Mints here in England.
Old Moneys.
Carots. | gr. | |
Double Ducates the Essay | 23 | 2½ |
Reysers Rials | 23 | 3¾ |
Crusados Short-Cross | 22 | 3 |
Crusados Long-Cross | 22 | 1½ |
French Crown | 22 | 0½ |
Half Suffrants or old Crown | 21 | 3 |
Pistolets of Spain | 21 | 3 |
Milres | 22 | |
Philippus Crowns | 17 | 3 |
Flemish Angel the better sort | 22 | |
Flemish Angel the worse | 18 | |
Old Portuguez | 23 | 3 |
The old Spureal | 23 | 3½ |
The old Noble | 23 | 3½ |
The old Angel | 23 | 3¼ |
The George Noble | 23 | 3 |
The Salute | 23 | 3 |
The Angel with the Gun-hole | 22 | |
The great old Sovereign weight, 18 d w. | 23 | |
The old Crown of Hen. 8th. | 21 | |
The old Sovereign of Hen. 8th. | 22 | |
The great Sovereign of Hen. 8th, | 20 | |
The half Sovereign of Hen. 8th. | 20 | |
The Edw. Sovereign | 21 | |
The Eliz. Sovereign and Crown | 22 | |
The French Noble | ||
The Unicorn of Scotland | ||
The Philippus Real | 23 | 2 |
The old French Crown | 22 | 2 |
The Flanders Rider | 23 | 2¾ |
The Guelders Rider | ||
The Cullen Gulden | ||
The Flanders Noble | 23 | 2 |
The Golden Lion | 23 | |
The Ducat of Castile | 23 | 2½ |
The old Andreas Gulden | 18 | 3 |
The Philippus Gulden | 15 | 3 |
The Ducate of Valence | 23 | 2¾ |
The Hungary Ducates of several sorts | 23 | 2½ |
The Ducates of Rome, Bullen, and Millain | 23 | 2 |
The Barbary Gold | 23 | 2 |
The double Pistolet with the Picture of a King crowned on the one side, and Arms on the other side, dated 1578 | 21 | 3 |
[Page 22] The 2 double Pistolets, with the Picture of a King Crowned on the one side, and Arms on the other | 21 | 3¼ |
The double Pistolet with an Image like an Apostle on the one side, and Arms on the other, dated 1566. | 23 | 1¼ |
The double Pistolet with a Spread-Eagle Crown'd, and Arms in a Scutcheon, with 2 Letters. S. R. | 23 | 3 |
The Fineness or Goodness of certain Coins of Silver.
oz. | pw. | |
A Dollar with 4 Hages and 4 Peeps over, and 4 Crowns over the Peeps, and an Emperor on the other side, dated 1577. | 8 | 18 |
A Dollar with 3 Horns in a Scutcheon, and two Crests, and a Horseman on the other side. | 9 | 19 |
A Dollar with a Ramping Lion and a Spread-Eagle on the other side. | 9 | 18 |
A Dollar with a Lion, a Scutcheon in his foot, and a Spread-Eagle on the other side. | 9 | 17½ |
A Dollar with a Mans Body to the Waste, and on the other side Arms, and two Crosses | 9 | 14 |
A Dollar with the Picture of the Duke of Saxony, and a Head of both sides, and over the Head two Swords across | 10 | 17 |
A small piece of Money with Scripture, and the other side a Mans Head | 10 | 10 |
A Dollar with a Cross and a Crown, dated 1569 | 10 | 18½ |
A Dollar of Maximilian, with a Spread-Eagle and the Picture of the Emperour, dated 1569 | 10 | 12½ |
A Dollar with a Cross and a Crown, dated 1569. | 10 | 14½ |
A Dollar with three Scutcheons and Arms, with the Picture of our Lady on the other side. | 10 | 18 |
A Dollar with three Scutheons, and Arms in them, and a Cross with Arms on the other side. | 10 | 18 |
A Dollar with three Scutcheons and Arms, and a Spread-Eagle on the other side, dated 1549. | 10 | 18 |
A Dollar with a Spread-Eagle and a Crown over his Head, and the Picture of a Man on the other side, 1573. | 10 | 15 |
A Dollar with an Arms and Picture of a Man, dated 1549. | 10 | 14 |
A Dollar with 3 Scutcheons and Arms in them, and a Spread-Eagle with a Talbotshead, dated 1549. | 11 | 2 |
A Dollar with three Crowns and a Spread-Eagle, a Phillippus Dollar of the baser sort | 6 | 16 |
A Dollar with three Crowns and a Spread-Eagle. | 10 | 14 |
A Dollar with a Ramping Lion on the one side, and a Lion in a Scutcheon and half a Man on the other side. | 8 | 18 |
A Dollar with a Hart, and the Arms in a Scutheon. | 10 | 12 |
A Dollar with a Wild Man holding a Candle in his hand, and a ragged Staff on the other side, 1571. | 10 | 14 |
A Dollar of the same and like Superscription. | 10 | 13 |
A Dollar with the Image of the Duke of Saxony and his Arms. | 10 | 15 |
A Dollar of the same with like Superscription. | 10 | 12½ |
A Dollar with a Lion in the Scutcheon, and half a man over the Lion, and a Ramping Lion on the other side | 9 |
Spanish Moneys.
A Spanish piece of Money with a sheaf of Arrows | 11 | 2 |
Another piece with a Cross and a Lion | 11 | 3½ |
Another piece with a Castle | 11 | 2 |
Another piece with Pillars and a Castle | 11 | 3 |
A small piece of Money of Earl of Swarborrow | 11 | 4 |
A Spanish Ryal | 10 | |
Another Spanish Ryal. | 9 |
Other Forein Coins.
A French Testoon with 3 Flower-de-luces, and 2 H. with Crowns over them, and the Kings Picture | 10 | 15½ |
Another Testoon with a Flower-de-luce and the Kings Picture. | 10 | 2 |
[Page 23]Another Testoon with a Cross and an H. in the midst of the Cross, and a Face on the other side | 10 | 1 |
A French piece of Money, being called a Half Crown, with a Picture of a King, and on the other side an Arms with 2 Lions, 6 Flower-de-Luces in a Scutcheon crowned, and 2 E. on either side the Arms, dated 1682. | 10 | |
Also new French Moneys with three Flower-de-Luces in the Scutcheon, and a Cross with Flower-de-Luces on the end | 10 | 18 |
A French Soul | 3 | 5½ |
A piece of Portugal Money, being a Crusade on the one side, and the Arms of Portugal on the other | 11 | 1 |
Plate made in Lyons in France marked with a Lions head | 11 | 4 |
A piece of Russia Money | 11 | 2 |
A Mustecego of Venice | 11 | 8 |
A Marsello of Venice | 11 | 8 |
A Bagatin of Venice | 11 | 8 |
A piece of Russia Money | 11 | 12 |
A piece of Bollonia Money | 9 | 16 |
A piece of French Money called a Florin | 11 | 2 |
A peny of France | 4 | 11 |
A Slaper of France | 10 | 16 |
A Snaphen of Gelderland | 7 | 15 |
Another Snaphen of Gelderland | 8 | |
Other Money of Gelderland | 4 | 18 |
Other Money of Gelderland | 3 | 4 |
A Snaphen of Cleve | 7 | |
A Snaphen of Deventer | 8 | |
A Snaphen of Campen | 8⅓ | |
A Slaper of Millain | 11 | 11 |
A Slaper of Ravenna | 11 | 10 |
A Slaper of Ferrara | 11 | |
A Slaper of Sien | 10 | 2 |
A Slaper of Monferrat | 7 | 5 |
A Cornebot of Monferrat | 6 | 6 |
Another Slaper of Monferrat | 11 | 8 |
A Slaper of Bourn | 11 | 0 |
A Slaper of Portugal | 11 | |
A Slaper of Foboria | 11 | |
A Slaper of Baden | 11 | |
A Slaper of Wirtenberg | 10 | 16 |
A Slaper of Lorain | 10 | |
A Slaper of Savoy | 7 | 12 |
A Slaper of Piedmont | 5 | 6 |
A Slaper of Salusen | 6 | 10 |
Another Slaper of Piedmont | ||
A Cornbot of Salusen | 7 | 4 |
A Slaper of third Alonson | 6 | 6 |
Targe of Piedmont | 6 | 10 |
Stick of Salen | 6 | 6 |
Of Old English Money and Edward Pence, of 20 to the Ounce.
Civitas London | 11 | 2 |
Civitas Chester | 10 | 17½ |
Civitas Kingston | 10 | 18 |
Villa St. Edmondsbury | 10 | 13 |
Civitas Barwick | 10 | 18 |
Civitas L. Bors | 11 | 1½ |
Civitas L. Bors | 11 | |
Civitas Canterbury | 10 | 18 |
Canterbury Civitas | 11 | 1 |
Henry 3d. a Peny | 11 | 2½ |
Henry 3d. a Peny | 11 | 2 |
[Page 24]A Groat of King Edw. 3d. | 10 | 19¼ |
A Groat of King Edw. 4th. | 10 | 19½ |
A Groat of Hen. 8th. | 10 | 18¼ |
An old Henry Groat with a long Face and long Hair | 10 | 19¼ |
A Gun-hole Groat, Hen. 8th. | 9 | |
The first Gun-stone Groat of Hen. 8th. | 8 | |
The second Gun-stone Groat of Hen. 8th. | 6 | |
A Sixpence of King Edw. 6th. | 10 | 19½ |
A Six-pence of P. and Mary | 10 | 18 |
A Groat of Hen. 8th. | 11 | 1½ |
The first Harp. Groat of Hen. 8th. | 4 | |
The second Harp. Groat | 10 | |
Another Harp Groat | 6 | 19 |
An Irish Harp- Groat | 10 | |
Another Irish Harp. Groat | 5 | 19 |
A Scotish Groat | 9 | 1½ |
Another Scotish Groat | 9 | 16 |
A Peny of Genoa | 10 | 3 |
Carolus of Burgundy | 10 | |
Money of Anglesey | 6 | |
A Peny of Camarien | 11 | |
A Groat of Poland | 9 |
Of the Carot Weight used only for Pretious Stones and Pearls.
This is a Weight brought from the Venetians, and derived from the Indians or Moors, called Mangear or Fanan, which is a Weight not much differing from this called a Carot-Weight, whereof 150 Carots in weight do make one ounce Troy; this Carot weight is divided into 64 Carots, 32 Carots, 16 Carots, 8 Carots, 4 Carots, 2 Carots, 1 Carot, ½ Carot, ¼ Carot, [...] Carot, [...] Carot.
The Weights used in India for buying and selling Pretious Stones and Pearls by, is called Mangeluy or Mangear, (about 5 Grains in weight) and weigheth two Tarrs ⅓, which is ⅔ parts of 1 Carot, being 4 grains and 4 Tarrs weight a Fanan, which is also a weight somewhat above 2 of our Carots; for 11 Fanans and ¼ is one Mitigal, and 6 Mitigals and ½ do make 1 Ounce. A Fanan also is a kind of Money, which is in value 1 Ryal of Spain.
Now followeth the Rule in Proportion, how to value the true Rate of a Diamond, or any other Stone valuable, as Merchants of skill do use to value them one from the other: the Diamond being as chief of all Pretious Stones, is sold by weight from Merchant to Merchant, called by the English, German, and Venetian, a Carot weight, as before is rehearsed.
The Diamond hath a very certain thickness, whereby it is certainly wrought out and polished upon the Mill; for it must not be too thick, nor too thin; for then it will not bear his Tent, but must have his just proportion of thickness to bear his Tent, or else to be set on Velvet as a thin Stone; the proportion is, that the two squares on the sides must make the breadth of the upper-part of the Stone, and the under part of the Stone be no broader than that three of the breadths thereof will make the breadth of the upper part, and in depth according to the same proportion, and the squares called Bizils must stand close with the edge of the Ring or Collet, wherein it is set, being of the whole depth, and somewhat longer than square, and yet no more than that it may be guerted, which is the length and breadth thereof. Also it must be without any faults both in corners or sides, and every one of the four corners sharp and clean cut without any naytness, and of a good water-crystalline, and shining clear, not yellow or brown, blewish or blackish, but clear and clean in all perfection. Then we may say, a Diamond thus perfect weighing one Carot, is worth 50 Ducates, but now much altered from that value to double the same, as a Diamond of that perfection before spoken of, weighing 1 Carot, is worth 30, 35, or 40 lib. Sterling; but a Diamond not so perfect (though a good Stone) clean, and wanting a corner, is in estimation less worth by 10 Ducats, or according to Arbitrament of the Buyer. Note also, that some Diamonds are not worth passing 34, 35, or 36 Dollars a Carot, which are likewise bought by the Merchant, as the humour leads him. But when you will value a Diamond, you must look effectually of what water and fashion it is, as the best proportion is either the square Table or pointed, then if it hath all his depth (called in Art, Full-ground) which is soon seen in a Stone unset, and easily discerned in one set [Page 25]in a Ring or Jewel; for being a full-ground Stone, it standeth upon his Tent, as you shall easily perceive by the reflection of the Collet the Stone stands in; otherwise being a half- [...]ound Stone, or a thin Stone, it standeth upon Velvet, which is easily perceived by any that is well versed in the setting or selling of Diamonds; then if it be foul, or want corners, or any hair or other fault in it, the damage and hurt that it bringeth to the value of the Stone is bated in the price of the first Carot (if it be a Stone of a greater weight) and so shall you not be so soon deceived as otherwise. You must first understand, that the value and price of a perfect Diamond, or any other Precious Stone, is first valued from a Carot weight being 4 Grains, as aforesaid, the which is the ground-work for the Merchant or Jeweller to value a Diamond by, to know the Price thereof.
Then the half Carot weight is in value the price of the fourth part of a Carot; as for Example, If the Carot be worth 40 Ducates, then the fourth part is 10 Ducates, which is the price of a Diamond of half a Carot; so a grain is reckoned worth a fourth part of half a Carot, which is 2 Ducates and a half, after the rate of 40 Ducates the Carot, as aforesaid; and so you may value a Diamond or other Stone at any price whatsoever the Carot shall be rated at, weighing never so much.
So that if you have a Diamond that weigheth more than a Carot, as a Carot and half, or a Carot and 1 Grain; then take this for a General Rule, that you must bring the weight of your Carot and half Carot all into half Carots; and so in like manner, if it be a Carot and a Grain, you must bring both into Grains; As for Example, If you have a Table Diamond in all Perfection, as is aforesaid, weighing one Carot, be worth 40 Ducates, (or any other sum you will value a perfect Diamond at) then shall a Diamond of 2, 3, 4, 5, or 6 Carots, be worth at that rate, as followeth: As suppose it be 2 Carots, multiply that by 2, it makes 4, which multiply by 40 Ducates (the value we here take for a Diamond of 1 Carot) and it produceth 160 Ducates, being the value of a perfect Diamond of 2 Carots; so you may value all Diamonds of any weight if it be 100 Carots or more, by multiplying the weight by so much more, and multiply that product by the value of your Carot. Secondly, If you have a Table Diamond of 2 Carots and half, then bring the Carots and half Carots into half Carots, which is 5 half Carots, then multiply that 5 by 5 make 25 half Carots, which multiply by 10 Ducates, the fourth part of 40 Ducates, the price of a Carot amounteth to 250 Ducates, which is the true value of a Diamond weighing 2 Carots and half. Thirdly, If you have a Table Diamond of 7 Grains, which is 1 Carot and 3 Grains, then bring the Carot and Grains into Grains, and multiply it one by the other, saying 7 times 7 is 49 Grains, which is to be multiplied by the fourth part of the half Carot being reduced, and half and the product is the value of the said Diamond of 7 Grains, which is 127 Ducates. Again, suppose you value a Diamond at 30 l. Sterling (as one of that weight of former goodness is now worth in London) and according to that rate a Diamond is worth 1 l. 17 s. 6 d. Sterling; which Rule is now followed by those that Trade in them, although you cannot buy a Table Diamond of 1 gr. under 2 l. 10 s. or 3 l. Sterling, which is after the rate of 40 or 48 pound a Diamond of 1 Carot.
Again, I would know the value of a perfect Table Diamond of 10 Carots, according to the rate of 30 l. a Diamond of 1 Carot: Do thus, Multiply the weight of your Diamond by it self, which is 10 by 10, and it produceth 100, which multiply by 30 l. the price of a Diamond of 1 Carot, the product is 3000 l. the price of a Diamond of 10 Carots.
Again, I desire to know the price of a Table Diamond weighing 10 Carots and 1 Grain, bring all into Grains and they make 41, which multiply by it self makes 1681; this multiplied by the value of 1 Grain, which is 1 l. 17 s. 6 d. and the product will be 3151 l. 17 s. 6 d.
The value of a Diamond of any weight from 1 Grain to 8 Carots, according to the value of a Diamond of 1 Grain to be worth 1 l. 17 s. 6 d. may be seen in this following Table.
The Value of Thick Table Diamonds according to their Weight.
l. | s. | d. | ||||
A Diamond weighing | 1 | Grains | is worth | 1 | 17 | 6 |
2 | 7 | 10 | 0 | |||
3 | 16 | 17 | 6 | |||
1 | Carot | 30 | 00 | 0 | ||
5 | Grains | 46 | 17 | 6 | ||
6 | 65 | 16 | 0 | |||
7 | 91 | 09 | 0 | |||
2 | Carots | 120 | 00 | 0 | ||
9 | Grains | 149 | 19 | 0 | ||
10 | 187 | 10 | 0 | |||
11 | 226 | 09 | 0 | |||
12 | Carots | 270 | 00 | 0 | ||
[Page 26]13 | Grains | 316 | 17 | |||
14 | 367 | 10 | ||||
15 | 421 | 17 | ||||
4 | Carots | 480 | ||||
17 | Grains | 558 | 10 | |||
18 | 599 | |||||
19 | 676 | 17 | ||||
5 | Carots | 750 | ||||
21 | Grains | 826 | 17 | 6 | ||
22 | 899 | 4 | ||||
23 | 991 | 17 | 6 | |||
6 | Carots | 1080 | ||||
25 | Grains | 1171 | 17 | 6 | ||
26 | 1229 | 8 | 4 | |||
27 | 1363 | 14 | 6 | |||
7 | Carots | 1470 | ||||
29 | Grains | 1576 | 17 | 6 | ||
30 | 1687 | 6 | 4 | |||
31 | 1751 | 17 | 6 | |||
8 | Carots | 1920 |
The Value of thin Table Diamonds, being a thin Stone (in shew of 2 Grains) and weigheth 1 gr.
l. | s. | ||||
A Diamond weighing | 1 | Grains | is worth | 2 | 10 |
2 | 10 | ||||
3 | 22 | ||||
1 | Carots | 40 | |||
5 | Grains | 62 | 10 | ||
6 | 90 | ||||
7 | 122 | 7 | |||
2 | Carots | 160 | |||
9 | Grains | 202 | 10 | ||
10 | 250 | ||||
11 | 302 | 10 | |||
3 | Carots | 360 | |||
13 | Grains | 422 | 10 | ||
14 | 490 | ||||
15 | 562 | 10 | |||
4 | Carots | 640 | |||
17 | Grains | 722 | 10 | ||
18 | 810 | ||||
19 | 902 | 10 | |||
5 | Carots | 1000 |
The like may be said of any Diamond of any other fashion, as Triangular, Nails, Roses, Roots and the like; which are of less value than the Table Diamond weight for weight, in regard their beauty is not proportionable to their weight; so that a Diamond of Perfection of that fashion weighing one Carot is not esteemed worth above 46 Ducates.
The Value of Brut Diamonds, or Naifs, Rocks and Flat-Stone, as they are sold at Goa in India by their weight; and likewise the value of the like Diamond sold here in London by the Carot. The Indian Weight is called a Mangear, which is ⅓ of a Carot, and the Fanan is about 6 d. Sterling.
Indian Value. | Fanans. | English Value. | Ducates. | |||||||
8 | Diamonds weighing | 1 | Mangear is in value | 30 | Flat | Diamonds weighing | 1 | in a Carot is in value | 21½ | |
6 | 1 | 40 | Naif & Rock | 2 | 14 | |||||
4 | 1 | 60 | Flat | 2 | 16 | |||||
2 | 1 | 80 | Flat | 2½ | 15 | |||||
1 | 1 | 100 | Naif | 3 | 21 | |||||
[Page 27] 1 | 1¼ | 165 | Rock | 3 | 9 | |||||
1 | 1 [...] | 180 | Naif | 4 | 18 | |||||
1 | 1¾ | 220 | Naif | 4½ | 17½ | |||||
1 | 2 | 320 | Flat | 4 | 12 | |||||
1 | 2¼ | 360 | Rock | 4 | 7½ | |||||
1 | 2½ | 380 | Naif | 5 | 12½ | |||||
1 | 2¾ | 420 | Rock | 5 | 9 | |||||
1 | 3 | 450 | Naif & Rock | 6 | 10 | |||||
1 | 3½ | 480 | Naif | 7 | 15 | |||||
1 | 4 | 550 | Flat | 8 | 9¼ | |||||
1 | 5 | 750 | Rock | 9 | 5 | |||||
1 | 8 | 800 | Naif | 12 | 14 | |||||
1 | 7 | 1200 | ||||||||
1 | 8 | 1400 |
So do the Indians increase in price, as the Stones in weight.
There are also two sorts of Diamonds called Boards, the one white, the other black; out of the white are gathered (by those that deal in Boards) all sorts of small Diamonds under 12 in a Carot.
A parcel of Brut Diamonds brought out of Portugal.
l. | s. | l. | s. | d. | ||||||
50 | Brut Diamonds | weighing Carots | 9⅞ | at | 3 | The Carot is | 29 | 12 | 6 | |
39 | Brut Diamonds | 15⅛ | 2 | 10 | 37 | 16 | 3 | |||
11 | Brut Stones | 2⅜ | 2 | 5 | 5 | 6 | 10 | |||
22 | Brut Stones | 2⅜ | 2 | 5 | 9 | 5 | 7 | |||
6 | Brut Diamonds | 1¼ | 2 | 5 | 2 | 16 | 3 | |||
128 | Diamonds | 32⅞ | 84 | 17 | 5 |
Note, That all great Stones under 5 in 1 Carot are cut by the Carot, and all small Stones above 5 in a Carot are cut by the piece.
Of the Ruby called the Carbuncle.
This Stone is found in Zeilam in the Indies, and in great esteem among the People of that Island. The way they use to try if they be right, is by putting them into the fire for the space of certain hours and if they come out of the fire burning as a Coal, those are they which are esteemed amongst them; they are esteemed according to the height of Colour; the more perfect red, the better: they distinguish the goodness by Carots in Colour; as 24 Carots in colour is the highest perfection, and so several degrees of goodness downward from 24 Carots to 18, 16, 14, 12, to 10 Carots in colour.
The value of the Carbuncle, as they are bought at Calicut in India.
A Carbuncle of so high a colour, and tried in the fire, weighing 1 Carot, which is ½ Fanata is worth in Calicut 30 Fanans.
Fanans. | ||||
1 | of | 2 | Carots of the like colour is worth | 65 |
1 | 3 | 150 | ||
1 | 3½ | 200 | ||
1 | 4 | 300 | ||
1 | 4½ | 350 | ||
1 | 5 | 400 | ||
1 | 5½ | 450 | ||
1 | 6 | 30 | ||
1 | 6½ | 560 | ||
1 | 7 | 630 | ||
1 | 7½ | 660 | ||
1 | 8 | 800 | ||
1 | 8½ | 900 | ||
1 | 10 | 1300 | ||
1 | 10½ | 1600 | ||
1 | 12 | 2000 | ||
1 | 14 | 3000 | ||
1 | 16 | 6000 |
And so they proceed to increasing in price as they do in weight.
[Page 28] Of the Ruby.
It is found in a River of Pegu in India, the best is esteemed of a perfect red, but will not endure the fire, but loseth his colour therein, being thereby distinguisht from the Carbuncle. There are divers kinds of Rubies, as the Carbuncle, the Ballass, the Spinal, the Gurnet, and the Rubas, but the Oriental Ruby is esteemed the best next the Carbuncle. A Ruby that is squared Table wise and without fault, and is to fit with a Diamond of the same weight of 16, 18, 20, or 24 Carots in colour (as is spoken of the Carbuncle) such a Rubie is worth in the Indies, weighing a Fanan, 100 Ducates; but there be few Rubies be perfect of that greatness, the usual way of computing the value of a Ruby is the same as it is with a Diamond: First, to consider the number of Carots in Colour, and then in weight, and the price doth augment proportionable to the Diamond; or if you shall value of a Ruby of 1 Carot weight to 70 Ducates, and would know the value of one weighing 2 Carots of like Carots in colour, multiply 2 by 2 makes 4, which multiply by the value of one Carot being 70 Ducates, produceth your desire, as in this following Table.
l | s. | |||
A Ruby in shew to accompany a Diamond of | 1 | Grains is worth | 2 | 10 |
2 | 10 | |||
3 | 22 | 10 | ||
1 | Carots is worth | 40 | ||
2 | 160 | |||
3 | 360 | |||
4 | 640 |
A Ruby of 20 Carots in colour, and weight 11 Carots and ½, was sold for 350 l. and sold again for 640 l. Sterling in London.
Another Ruby of most excellent beauty of 24 Carots in colour, and weighed 1 Carot 3 Grains 1/ [...] was sold in London for 60 l. and and sold again for 120 l.
The Proportionable Value of Rubies bought and sold by the Indians.
Fanans. | ||||
8 | Rubies weighing | 1 | Fanan, which is 2 Carots, is worth | 10 |
4 | 1 | 20 | ||
2 | 1 | 40 | ||
1 | ¾ | 30 | ||
1 | 1 | 50 | ||
1 | 1¼ | 55 | ||
1 | 1½ | 100 | ||
1 | 1¾ | 150 | ||
1 | 2 | 200 | ||
1 | 2½ | 300 | ||
1 | 3 | 400 | ||
1 | 3½ | 550 | ||
1 | 4 | 630 |
The Saphyre is a Stone found in the Island of Zeilam, Calicut, Canoner, Basinger, and Pegu, is of four sorts; the best is an Azure Sky-colour, and valued as it excelleth in colour, and of a most perfect blew, it excelleth all other Stones in hardness (the Diamond excepted.)
The Value of the best Oriental Saphyres as they are sold in the Islands of Zeilam, is after this Rate and Proportion.
Fanans. | ||||
1 | A Saphire weighing | 1 | Carots is worth | 2 |
1 | 2 | 5 | ||
1 | 3 | 10 | ||
1 | 4 | 15 | ||
1 | 5 | 18 | ||
1 | 10 | 55 | ||
1 | 15 | 180 | ||
1 | 16 | 200 | ||
1 | 17 | 250 |
A Saphyre weighing 1 Mitegal, which is 11 Fanans and ¼ that is about 23 Carots, is worth after the rate aforesaid, 350.
[Page 29] The Turquoise is of a thick green colour, or between a green and skie-colour, and of small weight; the softest of all thick-coloured Stones, is in good esteem in India, and is esteemed the better for having black veins, it being then accounted of the old Rock. The price in India, according to the weight is in proportion following:
Fanans. | ||||
1 | Weighing | 1 | Carots is worth | 15 |
1 | 2 | 40 | ||
1 | 4 | 80 | ||
1 | 6 | 150 | ||
1 | 8 | 200 | ||
1 | 10 | 300 | ||
1 | 12 | 450 | ||
1 | 14 | 550 |
Of the Pearl Oriental.
Unio is the Latin word (in English Pearl) so called, for that it is a hard matter to find two Pearls alike for bigness, figure, shape, water, and brightness. The greatest and better sort of Pearl are found between Ormus and Buzera in the Straits of Persia. There is also a fishing for Pearl near the Island of Zeilam, but of lower price: Likewise there are Pearls found near the Island of Burneo, and Island of Anian; but those of Ormus surpass them all. They are fished for by divers that dive into the Sea, some 10, 15, and 10 fathom deep; they grow in Oyster-shells; the Divers have Baskets tied to their back to put the Oysters in, and bring them up from the bottom of the Sea, and put them into Boats; the fish are laid in the Sun, and there open themselves; and when the fishing is over for that day, the Captain and Souldiers for the King of Portugal, together with the Divers and Labourers, take the Pearls, and divide them into four parts, one of which is taken for the King, the second for the Captain and Souldiers, the third for the Jesuits (whose Cloyster is hard by) and the fourth for the Divers, Fishers, and their Labourers. This fishing is only in the Summer-time; there is found in some Oysters 200 Grains or Pearl. Pearls are sold by the Indians by Sieves of Latton full of holes, from smaller to greater, to the proportion of 12, one bigger than the other; and so the price in proportion accordingly; the smallest sorts are used by Apothecaries for Medicine. They use in India where they are fished, to have Rice beaten small with Salt, with which they rub the Pearl to put a gloss upon them.
The way to value Oriental Pearl from a Grain in weight to any bigness whatsoever; as also they are usually sold in the Indies and with us. A Pearl that is in all parts perfect both of water, gloss, and beauty, without knobs, specks, yellowness, and other imperfection; of form very round, or like a Pearl, being of the weight of one Carot, is worth one Ducate; and after this rate you are to make your reckoning, as you have done before with Diamonds and Rubies; but if there be any fault in the water, clearness, fashion, knobs, specks, dents, or other default, it must be considered what hurt it may be to the sale thereof, and according to the goodness or badness value the price thereof,; which having valued, you try the weight thereof, or by your measure exactly made (there being such for that purpose) and then make your account, as before is said; and if there be a whole string or chain, you must look well upon them if they be all alike, or else make your value thereafter.
The Proportion or Value of Pearl as they are sold in India and Portugal.
1 | Pearl of | 1 | Carots Pardons | 1½ |
1 | 1½ | 3 | ||
1 | 2 | 6 | ||
1 | 2½ | 8 | ||
1 | 3 | 12 | ||
1 | 3½ | 16 | ||
1 | 4 | 20 | ||
1 | 4½ | 30 | ||
1 | 5½ | 35 | ||
1 | 6 | 40 | ||
1 | 6½ | 45 | ||
1 | 7 | 50 | ||
1 | 7½ | 60 | ||
1 | 8 | 70 |
[Page 30] Small Pearl are sold by the Ivora at Ormus and Goa.
The | 1 | Ivoras for | 34 | Marividis is worth 6 d. Sterling. |
2 | 180 | |||
3 | 80 | |||
4 | 18 | |||
5 | 8 |
Seed-Pearl that are small and cannot be holed, are for the Apothecaries; the ounce is worth about 20 Marividis.
The Value of any Oriental Pearl of any bigness from 1 Grain to 30 Carots of excellent beauty and perfection for colour and shape, as they are usually bought and sold with us, according to the proportion of weight, and of like perfection.
l. | s. | d. | |||||
A Pearl weighing | 1 | Grains | is worth | 0 | 0 | 7 | ob. |
2 | 0 | 2 | 6 | ||||
3 | 0 | 5 | 7 | ob. | |||
1 | Carot | 0 | 10 | 0 | |||
5 | Grains | 0 | 15 | 2 | ob. | ||
6 | 1 | 6 | 8 | ||||
7 | 1 | 10 | 7 | ob. | |||
2 | Carots | 2 | 0 | 0 | |||
9 | Grains | 2 | 18 | 6 | |||
10 | 3 | 2 | 6 | ||||
11 | 3 | 15 | 7 | ob. | |||
3 | Carots | 4 | 10 | 0 | |||
13 | Grains | 5 | 5 | 7 | ob. | ||
14 | 6 | 8 | 0 | ||||
15 | 7 | 0 | 7 | ob. | |||
4 | Carots | 8 | 0 | 0 | |||
17 | Grains | 9 | 15 | 6 | |||
18 | 10 | 2 | 6 | ||||
19 | 11 | 5 | 7 | ob. | |||
5 | Carots | 12 | 10 | 10 | |||
21 | Grains | 13 | 15 | 7 | ob. | ||
22 | 15 | 2 | 6 | ||||
23 | 16 | 10 | 7 | ob. | |||
6 | Carots | 18 | 0 | 6 | |||
25 | Grains | 19 | 10 | 7 | ob. | ||
26 | 21 | 2 | 6 | ||||
27 | 22 | 15 | 7 | ob. | |||
7 | Carots | 24 | 10 | 0 | |||
29 | Grains | 26 | 6 | 7 | ob. | ||
30 | 28 | 2 | 6 | ||||
31 | 30 | 0 | 7 | ob. | |||
8 | Carots | 32 | 0 | 0 | |||
33 | Grains | 34 | 0 | 7 | ob. | ||
34 | 36 | 2 | 6 | ||||
35 | 38 | 5 | 7 | ob. | |||
9 | Carots | 40 | 0 | 0 | |||
37 | Grains | 42 | 15 | 7 | ob. | ||
38 | 45 | 2 | 6 | ||||
39 | 47 | 15 | 7 | ob. | |||
10 | Carots | 50 | 0 | 0 | |||
41 | Grains | 52 | 10 | 7 | ob. | ||
42 | 55 | 2 | 6 | ||||
43 | 57 | 13 | 7 | ob. | |||
11 | Carots | 60 | 10 | 0 | |||
45 | Grains | 63 | 6 | 7 | |||
46 | 66 | 2 | 6 | ||||
47 | 69 | 0 | 7 | ob. | |||
12 | Carots | 72 | 0 | 0 | |||
49 | Grains | 75 | 0 | 7 | ob. | ||
50 | 77 | 5 | 10 | ||||
51 | 81 | 5 | 7 | ||||
13 | Carots | 84 | 10 | 0 | |||
53 | Grains | 87 | 15 | 7 | ob. | ||
54 | 91 | 2 | 6 | ||||
55 | 94 | 10 | 7 | ob. | |||
14 | Carots | 98 | 0 | 0 | |||
57 | Grains | 101 | 10 | 7 | |||
58 | 104 | 10 | 0 | ||||
59 | 108 | 15 | 7 | ||||
15 | Carots | 112 | 0 | 0 | |||
61 | Grains | 116 | 5 | 7 | |||
62 | 120 | 2 | 6 | ||||
63 | 124 | 0 | 7 | ob. | |||
16 | Carots | 128 | 0 | 0 | |||
65 | Grains | 132 | 0 | 7 | ob. | ||
66 | 136 | 2 | 6 | ||||
67 | 140 | 5 | 7 | ||||
17 | Carots | 144 | 10 | 0 | |||
69 | Grains | 148 | 15 | 7 | |||
70 | 153 | 2 | 6 | ||||
71 | 157 | 10 | 7 | ob. | |||
18 | Carots | 162 | 0 | 0 | |||
73 | Grains | 166 | 10 | 7 | ob. | ||
74 | 171 | 2 | 6 | ||||
75 | 175 | 15 | 7 | ||||
19 | Carots | 184 | 0 | 0 | |||
77 | Grains | 185 | 5 | 7 | ob. | ||
78 | 190 | 2 | 6 | ||||
79 | 195 | 0 | 7 | ob. | |||
20 | Carots | 200 | 0 | 0 | |||
21 | Carots | 215 | 0 | 0 | |||
22 | 242 | 0 | 0 | ||||
23 | 264 | 0 | 0 | ||||
24 | 288 | 0 | 0 | ||||
25 | 312 | 0 | 0 | ||||
26 | 338 | 0 | 0 | ||||
27 | 364 | 0 | 0 | ||||
28 | 392 | 0 | 0 | ||||
29 | 420 | 10 | 0 | ||||
30 | 450 | 0 | 0 |
[Page 31] Seed-Pearl.
The value of Seed-Pearl, from the smallest sort of 4500 in one ounce, to the greatest sort of 400 or 450 in one ounce, being the ordinary six sorts always sold together.
l. | s. | d. | |||||
The | smallest sort is sexta | of | 4500 | per ounce is worth | 2 | 4 | 0 |
second smallest is quinta | 3300 | 0 | 6 | 0 | |||
third sort is quarta | 1900 | 0 | 10 | 0 | |||
fourth is tertia | 1050 | 0 | 18 | 0 | |||
fifth is secunda | 700 | 1 | 6 | 0 | |||
sixth is prima | 450 | 1 | 15 | 0 |
Rag-Pearl.
l. | s. | d. | ||||||
Rag called | Tertia | of | 350 | per ounce is worth | 1 | 18 | 0 | |
Secunda | 250 | 3 | 0 | 0 | ||||
Prima | 150 | 4 | 0 | 0 | ||||
100 | 5 | 0 | 0 | |||||
50 | 7 in | 8 | 0 | 0 | ||||
40 | 10 in | 12 | 0 | 0 | ||||
20 | 14 in | 15 | 0 | 0 |
All sorts of half-round Pearls are according to their weight valued at half the price of a round Pearl; so that if a half-round Pearl do weigh one Carot, then it is to be valued at 5 s. which is half the price of a round of a Carot.
The Denarius among the Romans may be considered under a double respect; either as Money, or Weight; the first was a valuation put upon it by the State in Civil Affairs, as Coin, which hath been various and subject to great alterations; the later in gravity or weight hath been at a certainty, and of long continuation amongst them, for above 1600 years.
The Coins of the Romans were of Gold, Silver, and Copper; those of Silver was the Denarius, taken by the Romans from the Sicilians, and as Pliny affirms, l. 33. c. 3. was in use with them in the 585th year of the City (as also the Brass Coins) five years before the first Punick Wars. The proportion then betwixt the Silver and Brass, in respect of Weight, was very strange; for the Denarius of Silver was the seventh part of the ounce, and the ounce the twelfth part of the pound, and yet was esteemed in value equal to 10 asses, which was a Brass Coin of a pound weight; so that one pound in Silver was esteemed to 840 pound in Brass. When their Coins of Gold came in use, it was esteemed ten times the weight in Silver; but this disproportion between Silver and Brass lasted not long; and the Denarius of Silver in process of time suffered so many diminutions, that at length it had left only a Name, and of so small a value as not worth the coining.
The like alteration in respect of weight hath befallen in far less time our own Coin; as to instance in our Penny, which we find in the time of Ethelred, and so continued to Edw. 1. to be the 20th part of the Troy ounce, Stat. 9. Edw. 3. under Edw. 3. it came to be made the 26th part of the ounce; and Stat. 2. H. 6. under H. 6. it fell to the 32d part; in Stat. 5. Edw. 4. Stat. 36. H. 8. Edw. the 4th's time it came to the fortieth part of the ounce; in Henry the 8th's time, at first it was the fortieth, then the 45th part, afterward 60 pence were made of the ounce; in the 2 Eliz. and during her reign, and ever since, 62 in the ounce; so that the Penny in Edw. the 3d's time was more than three times the weight of ours. And after-times may see this of ours as well as the D [...]arius of the Romans, brought to so small a value as not worthy a name.
Of Amber.It is observed, that Amber is found only in and upon the Coast of England and Poland; the English is found only upon the Coast of Norfolk, near the Bay of Shippy Island in Kent, in two or three miles space. It is affirmed, that at both these places it hath been found time out of mind: it is not found above sixty pound weight a year: It is washed out of the Sea, for after great storms it is most found: many are of opinion it is the Gum of a Tree; if so, sure the Tree, if it were above ground, would be found long before this. It is most probable to be a certain Gum, that comes out of some Rock lying in the Sea near those places; for why else should it be only found there, and no where else?
In Poland are found greater quantities, but not in so good esteem as our English, being neither so fat nor clear; it is valued according to the largeness and clearness thereof.
CHAP. VI. Of Weights in general used in Merchandizing, and mentioned in this MAP of COMMERCE.
Of Weights in general.THE next principal point handled in this MAP of COMMERCE, is the Weights in general of all Kingdoms and known Cities of Trade, by the invention whereof (as by Measures) a true mean was found out, to give every man his own; for all worldly things are found to be govern'd by it and measure; but most especially the same hath a great Prerogative in all Contracts and Bargains, where either Buying or Selling is either used or practised, which indeed is the fundamental part of the World's Commerce and Traffick; for thereby are all Commutations regulated, all Accounts framed, and all Profit and Loss in Trade found out and distinguished: It is also one of the Standards of all Kingdoms, Cities and Provinces, and therefore as Measure carries with it the Approbation and Authority of the Sovereign Magistrate, and therefore either to falsifie, add or detract therefrom is accounted a capital Crime, and worthy severest Punishment.
Differences of Weights in all Commodities.Now for their sorts; These Weights are observed to vary and differ in all Countries, as well as in sundry Mart and principal Cities; though otherwise oftentimes Neighbours, yet are herein discrepant, and not seldom is it seen, (as in this Map it shall be made evident) that several sorts of weights are found to weigh several sorts of commodities in one and the self-same Place, City and Country; as in England, where it is observed, that raw Silk is weighed by the Pound of 24 ounces, and other commodities by the Pound of 16 ounces: And in Aleppo, some commodities are weighed by the Rotolo of 680 drams, some by a ℞ of 700 drams, and some by a ℞ of 720 drams. The greatest denomination.And as these weights are found to vary in respect of their greatness, so are they found to differ in respect of their denomination; for some Countries use to weigh their commodities by Hundreds, some by Quintals, some by Centiners, Talents, Thousands, Weighs, Shippounds, Charges, Lisponds, Roves, Stones, Bahars, Mands, Candills, Peculls, and the like.
A second denomination.A second denomination is again produced out of this, as a lesser Weight, whereof the former is composed; and is also found in use for weighing in sundry places, as Pounds, Mans, Batmans, Rotulos, Minas, Lodoros, Oaks, Cattees, Barotes, Seares, Wesnoes, and the like.
Third denomination.A third sort again are found to be in use, whereof these latter are composed and in use, in the custom of weighing; and which are of another denomination, and lesser in quantity, as Ounces, whereof sometimes 12, 14, 16, 20, 24, and 30, do make according to the custom of the place the pound weight, and then again have a subdivision into Drams, Scruples, Obolos, Carats, and Grains; Least denomination.so that the greater contains the lesser in parts, which also is observed to differ according to the proportion of the first and greatest; Hundreds, &c.for the Cantar, which commonly is observed to be the greatest weight, is so termed, as being the hundred of hundreds, and consisteth sometimes of 100 l. just, though sometimes of hundreds, of 112 l. of 120 l. of 125 l. 128 l. and 132 l.
Cargos, &c.The Weigh and Cargo are in like manner found likewise to vary in many places, and to consist sometimes of 163 l. of 181 l. of 200 and 300 l. to a Weigh and Cargo or charge.
Shippond, &c.The Shippond also consists sometimes of 300 l. sometimes again of 320, 340, and 400 l. the Shippond.
Lispond, &c.The Lispond also is found to consist sometimes of 15 l. of 16 l. and 20 l. to the Lispond.
Roves, &c. Roves are noted likewise to be in some places 10 l. 20 l. 25 l. and 30 l. and sometimes 40 l. to the Rove.
Stone, &c. Stones are noted also to consist of 6 l. 8 l. 10 l. 14 l. 16 l. 20 l. 21 l. 24 l. 32 l. and 40 l. to the Stone, still altering according to the custom of the place.
Rotolos, &c. Rotolos are also noted to vary and to consist sometimes of 400 drams, sometimes of 600 drams, 680 drams, 700 drams, and 720 drams, according to the custom of the place, and according to the custom in use of the commodity.
The Merchant must be vers'd in all Weights.In all which the Merchant must not be ignorant, that intends to make either an use, or reap a benefit by this MAP of COMMERCE: for all weights must be to him (in regard of his skill and judgment) as one Weight; knowing readily how to make his Calculations in all Contracts; how the one weight doth advance of the other, or what the one may want of the other, making his Accompt of concordancy, allowing or deducting where he finds the discrepancy arising by overplus, or either by a want in the one or in the other.
Two manners of weighing in use.Now for the manner of weighing in general (so far forth as ever I have observed) hath been noted to have been done two several ways; that is, either by a Beam, or by a Romant or Stalier: By Beams.the weight by Beam I hold the best and justest performed with leaden, brass, or iron weights, provided the same Beam be good and even, both empty, and laden with one equal [Page 33] weight; and this is seen to be the common custom of weighing in England, Netherlands, and in many other places and Countries,
By Stalier.The weight by Stalier, which is used in Turkey, Barbary, and Italy, and sundry other Countries, I hold not so sure; for thereupon is marked all the number of weights that may be weighed thereby, which by the help of a small counterpoise removed to several stations, supplies sometimes the place of a pound, and sometimes the place of 100 pound, wherein is oftentimes found great deceit, which by the buyer and seller is carefully and heedfully in those places to be both prevented and avoided.
To abbreviate the labour of weighing.Now if with a Beam one would abbreviate a long labour with a small time and pains, and weigh much with few weights, his weights must be made by an augmentation doubled, as by pieces of 1 lib. 2 lib. 4 lib. 8 lib. 16 lib. 32 lib. and 64 lib. making in all 127 lib. with which all sums under that number may be comprehended and weighed; and some exercised in great affairs, by single weights tripled have gone further and procured 1 l. 3 l. 9 l. 27 l. 81 l. &c. and thereby with little labour have performed very weighty and great business: but I leave this to the ingenious, and to him that shall fancy this method and manner of weighing.
Weights authorized by the Magistrate.In all Cities then, and places of Traffick, there is found a weight (as I said) authorized by the Magistrate, which to alter or diminish is ever held a capital crime: this weight thus setled in every place and City of Trade, is reputed the Standard of the place, by which as well the Inhabitants as Strangers do make their bargains and contracts, and without which many bargains cannot be made and perfected; Weigh-house.and therefore partly to avoid scruple and doubt, and partly to do justice to all men, and partly to decide all controversies incident in weighing, there is in the most eminent Cities a publick Weigh-house set up and appointed, where every man may repair unto, either for necessity of weighing, or tryal of his weights, and which is authorized by the Prince as a rule for all men, that shall have occasion to make use thereof in the said places, serving sometimes as the Beam whereby his Customs and Duties are paid him; Weigher sworn.the Master, Overseer, or Weigher being ever sworn and deputed to do justice and right in his weighing, not only between man and man, but (if need be) between the Prince and the Subject.
By which weights the weight of this Book is calculated.This Weight accounted thus the common and received Standard of Cities and Countries, is it, upon which (as near as I could possible) I have in all these following places made my Observations, and from thence raised not only the agreement thereof, with other neighbouring places and Cities, but also with that which we call our Haberdepou weight of England, wherein with all industry I have laboured to find out the truth and certainty thereof, which (as subject to error by reason of the diversity) I must refer to the future trial of the better experienced, concluding this point with a way and method invented by unequal weights to accord the weights of any two known places or Cities, which briefly is thus performed.
A way to accord the weight of any two places.Prepare a Ballance as exactly made as is possible, that a very little thing may cause them to incline one way or other; likewise prepare of the one place, the just pound, the half pound, the ¼ the ½ the 1/16 the 1/ [...]8 the 1/64 the 1/1 [...] and the 1/123 part of that pound, if it be possible, until you judge it to be sufficient; then take the just pound weight of the other place, and put it into one of the Scales of the Ballance, and in the other Scale, put such weights as may justly counterpoise the pound weight of that place: as for example:
Say that the half the ¼ the [...]; and the 1/238 part of the pound of the first place do justly counterpoise the pound weight of the other place; then by consequence it followeth, that 128 lib. 64 lib. 32 lib. and 1 lib. that is in all 255 lib. of the first place, do justly weigh 256 lib. of the other place, Again, say that the 1 lib. the ⅛ 1/ [...] 1/ [...] of the first place do justly counterpoise the pound weight of the other; then I infer thereby that 512. 64. [...]2. and 1. that is in all 579 lib. of the first place do justly weigh 512 lib. of the other place; by which the calculation may be made both to the hundred and to the pound; therefore the further search and consideration thereof, I willingly here omit, and refer the same to the curiosity of the more ingenious
CHAP. VII. Of Accounts and Account-keeping in general, observed in this MAP of COMMERCE.
Accounts necessary in the Map of Commerce.ALl rational Negotiators, and Traders in general will grant, That this Map of Commerce would appear to be very imperfect, if it should want the due Rules and Observations whereby Accounts are in all Cities of Commerce ordered and kept, which though found in themselves to vary in several Kingdoms, and places, as having oftentimes a dependency, and sometimes concurrency with the Coins and Moneys of each Kingdom; yet in all places they are not found to have the like agreement together. Accounts kept diversly in divers Cities and Countries.Some Countries being observed to keep their Accounts, and the denomination thereof in imaginary Coins, such as neither that Country not Place hath either proper Coin or Money, that hath any affinity therewith, as by daily practice is seen used in Venice by the Ducate of lire 6⅓; in Florence by the Crown of Gold of lire 7½; and as in England it is used in those antient Accounts, kept in some Offices for the Revenues of the Crown by the name of Marks, of which we find not at this day any proper Coin or Money in use. Again, it is seen by experience, that one and the self-same place affordeth several denominations in their Accounts, and divers ways are used in one and the self-same City and Countrey therein, as in some Cities of Italy, some are observed to keep their Accounts in Lire, Soldi, and Denari; and some again in the same place in Crowns, or Scudi, Soldi and Denari; as the like in England is noted, some as before observing their Rules of Accounts in Marks, and Pence, and some, and those the most usual and common, in Pounds, Shillings, and Pence, Sterling; the which is necessary both duly to be learned, and truly to be known, and understood, by such as shall have occasion to make use of, and exercise the Art of Merchandizing, and this Map of Commerce.
The Method used in Accounts is divers.Now for the Method used in keeping these Accounts, every Countrey and Nation are observed to frame to themselves, Ways, Means, and Rules, whereby the same is performed and perfected, and have for the most part every Countrey a peculiar form by themselves. The best is by way of Debitor and Creditor.The general known Method and best form is by the laudable and excellent way of Debitor and Creditor, first invented in Italy, and now generally practised by most part of the eminent Merchants of Europe, received for the most absolute, best, and truest Method of Accounts that hitherto hath been found out and invented, which here to set down would challenge a Volume by it self; yet such is the necessity of this knowledge, that every Merchant should by the Rules of his Profession, be well versed and seen therein; the Grounds whereof being universally known and daily taught, I reser to my good Friends, Master Ralph Handson, and Master Valentine Markham, who are both excellent, and excellently learned therein; Four rules required in an Accountant,concluding this place with four principal Rules required, and not to be omitted by such as have to do and practise Accounts in Merchandizing.
1. To write all, and all circumstances.First, It is required that in his Account-keeping, he write all and singular the passages thereof, and thereto belonging, with all circumstances of time, price, and other conditions, in every bargain, contract, adventure, receipt of Goods, sales, &c. in which though there should afterward appear an errour, either by disorderly charging, or by over and under- charging, yet it will easily at a second view be both corrected and amended.
2. Not to suffer his Accounts to out-run himSecondly It is required that he never come behind-hand with his Accounts, by letting the same run over-long, or being daily finished, the trouble will be nothing; but being a while neglected, a man is still found to be the lother and lother, to go in hand therewith, and thus growing more loth every day than other, when necessity constraineth him, either he is inforced to mumble them up to his own prejudice, or to cast them off, and to neglect them altogether to his own shame and undoing.
3. To keep them true and perfect.Thirdly, It is required, that he keep them, just, true, and perfect, and not to falsifie any parcel, matter, or thing, nor yet interline or shuffle one matter with another, but to set every thing (either apportaining to himself, or to any other) plainly, directly, and orderly down.
4. That he be a good Arithmetician.Lastly, It is required, that he be well skill'd in the Art of Arithmetick and Numbering, which indeed is the principal step to this Art of Accounting, and the first degree of this Map of Commerce, without which knowledge, let none dare to intitle himself a Merchant, nor expect a benefit from this Work. For the skill whereof I refer to the Learner, the judicious and excellent Arithmeticians of this City, and so proceed to the next general point of Commerce, which is Measure.
CHAP. VIII. Of Measures in general used in Merchandizing, and comprehended in this MAP of COMMERCE.
Of Measures in general.THe next material point here handled, is the Measures in general, used in all Kingdoms and known Cities of Trade, by means whereof a certain way and method was found out and invented to distinguish and order by Rule the length and breadth of all Commodities measurable, especially accustomed in all manner of Fabricks, either, Linen, Woollen, Silks, or other Stuffs; and this is observed also (as in Weights,) to have a special prerogative in many Bargains and Contracts, where either buying or selling of things measurable is subsistent and in use; being granted to be a fundamental point of all the Traffick and Commerce of the Universe; for thereby as by weights many Commutations are regulated, many Accounts are framed, and profit and loss is also thereby found out and distinguished: It is also estimated to be one of the Standards of Kingdoms and Cities; False Measures punishable by the Magistrate.and therefore (as well as Weights) carrieth with it the Approbation and Authority of the Sovereign Magistrate; and therefore to add or detract therefrom, is ever in all Countries held punishable, and accounted a capital Crime.
Divers Countreys have divers Measures.The Measures of length are found so diversly to vary, that every City and Province is noted almost to have as well a distinct Measure as a distinct Weight, which in themselves oftentimes are found much to differ; and some particular Cities are observed by custom to have divers Measures, for divers sorts of Commodities, as it is seen practised by example in the City of London, where the Yard is accounted the common Measure for Cloth and Wollen, and Silk, &c. the Ell accounted the common Measure for Linnen, and the Goad for Frizes, Cottons, and the like, which in many other Countries is also observable. [...]ain the first Inventor of Weights and Measures, Josephus.And as for Measures in the general, It is a received Opinion, that the first Measure that was to this end invented was the Cubit, agreeing as some imagine with the half Ell, the which divided into four parts or quarters, and every quarter into four inches; peradventure this was in those times a general Rule to all Nations: but Time and Traffick have since given to every Countrey a particular Measure, and therewith a peculiar Law of measuring, which contains a succinct length by it self, which at this day we see practised through most parts of the known World in several ways: and thus diversity of Places gave also diversity of names to their Measures, such as are the Ell, Yard, Goad, Fathom, Cane, Auln, Brace, Pico, Stick, Palm, Vare, Covado, and the like.
Measures of solid Bodies.But Invention by the help and assistance of time, growing more perfect and absolute, and finding that neither Weight nor yet this Measure could extend it self to all Commodities used in and by way of Merchandize; the Art of measuring of solid Bodies became to be hence produced, as we see it in use in the measuring of Timber, Stones, and such like Commodities; neither yet was Commerce satisfied herewith; Measures of dry and liquid Commodities.for the ingenious Merchant found it still defective, and therefore to have it yet more perfect, invented the Art of Concave Measures, that should serve as well for dry as for liquid Commodities, as it is seen practised at this day for Grain, Rice, and such like commodities; and for Oyls, Wines, Waters, Liquors, and such like commodities, setting by this way by Art and Invention, in most of these commodities, a concordance of Measure with Weight, as in other commodities was set a Concordance of Weight with Measure: but for as much as this knowledge in the general is of it self too capacious and large to be particularly handled, as the subject requireth, I have been therefore constrained to confine my self to Measures of length only, as being the most necessary part of this MAP of COMMERCE, yet so as I have not omitted the rest, where they have fallen within the compass of my observation; and if I have therein been found defective, the vastness of the Subject may plead my excuse.
All Measures to the Merchants must be as one MeasureHe then that intendeth by way of Traffick to make use of this Tract, must as well be skill'd in Measures, (as I have observed) as he ought to be in Weights; for he must not only readily know his own Measure as it stands, and is found to be in it self in use, but also the Measure of that place whereto he bendeth his Trade and Negotiation, allowing or deducting by Addition or Substraction where the overplus or want doth challenge a part, to make a due proportion of both, and be so well versed therein, as that all Measures may be to him as one Measure, by a true calculation of the length or the shortness thereof.
All Cities of Trade have sworn and publick Measurers.Again, It is found by the observation of the Merchants, that in all Countries and well-governed Cities, there is for the reiglement of things measurable, instituted a publick Measurer, Authorized by the Sovereign Magistrate, who is sworn to decide all Controversies that happen in and about the Art of measuring; to whose honesty and faith is intrusted this publick measure, and to which all Merchants and Traders may in time of need and difference repair and [Page 36]have recourse unto, and by which in many places it is seen that Princes do receive their duty of Customs upon Commodities measurable; and by this common, known, and received publick measure, I have made my Observation in all places, and as near as I could, not only rectified the same in the Agreement thereof with other neighbouring Places and Countreys, but also with our own use in England: and therefore to conclude this Point, I have here inserted the Form of an Instrument, easie to be made, and purposely invented to accord the Measures of any two known Places or Countreys, whether they be Ells, Vares, Yards, Canes, or any other Measure whatsoever.
First then, Learn the order and custom of Measuring of all those sorts of Commodities in both Places which you would inquire after, then prepare a smooth streight Board, Plate, or such like, and draw upon the same a straight line of the length of the Measure in one of the Places with his allowance of Measuring, either an Inch or Shaftnet, or such like; which for Example, I will demonstrate in this Figure, AB. First then, Divide the line AB into four equal parts, which is CDE, and divide the quarter of AC into 250 equal parts and number them from 10 to 10 upwards, making the Print C the 750 part; for the number of parts contained in the other three empty quarters.
Then mark upon the line AB the length of the Measure of the other Place, with his allowance, which is for Example from B to F, being just in the 900 parts; therefore 900 of those Measures in the first Place, make just 1000 of those Measures in the other Place: but if the Measure of the other Place be longer than the Measure of the first place; as for Example: If it were from B to G, then take the distance of AG with a Compass, and set one foot in C, and extend the other towards A, which for Example doth come to rest in F, being 150 parts from C; therefore then 1150 Measures of the one place makes just 1000 of the other, by which you may calculate to a lesser proportion; and this is as much as I conceive needful to insert concerning the knowledg of Measures in general, and proceed to the next, which is the knowledg in general of Commodities used by the way of Merchandizing.
CHAP. IX. Of Commodities in general used by the way of Merchandize, and of the knowledg thereof.
Commodities in general used in Merchandizing, and the knowledg thereof.HAving spoken of Cities of Trade in general, as they are distinguished in these days; and of the Customs more or less, that are imposed (by Princes in all Cities where Trade is practis'd) upon all Commodities used as Merchandize, by such as negotiate and use Traffick, and of the Moneys, and current Coins whereby this Trade is driven, with the Weights and Measures whereby the same is distinguished and regulated: the next thing to be handled in order, is the Commodities and Wares themselves, wherewith this Commerce is maintained and practised in every City and Countrey comprised in this MAP; which is the proper thing upon which the said Duties are paid, and for which the said Moneys are seen to be given in Exchange, by the way of buying and selling.
All Commodities are either natural or artificial.All Commodities then that are used as Merchandizes by Traders and Merchants, may properly be distinguished into two kinds; and are either Natural or Artificial Commodities; Natural commodities. Natural Commodities I call such as the Earth or Creatures, either with or without the labour and Industry of man doth doth naturally produce of themselves: of which kinds are Wines, Oyls, Cottons, Wools, Fruit, Grain, raw Silk, Spices, Drugs, Gems, Gold, Silver, and the like.
Artificial commodities. Artificial Commodities, I call such as are either wrought or perfected by Art or Mystery, of which kind are all Fabricks of either Woollen, Linnen, Silk, and also the Commodities of all Manual Crafts, this day seen practised through the World in sundry Countreys, within the compass of which two sorts may all Wares and all things used as Commodities be comprised.
Again, both the Natural and Artificial Commodities may be distinguished into two other sorts [Page 37]and kinds, which are either such as are staple and lasting Commodities, or impairing and decaying Commodities.
Staple commodities.The staple and lasting Commodities I call such as indure at all times, and continue for ever in their true estate and first condition of goodness, never decaying, nor never losing their vertue and quality: and of this kind are Gems, Gold, Silve,, Copper, Brass, Lead, Iron, Steel, and the like.
Decaying commodities.The impairing and decaying Commodities I call such as are either subject to corruption, or to leakage, and do lose and decay either by long lying, or by keeping, as are the Fruits of the Earth Corn, Wines, Oyls, Currants, Figs, Fish, and the like.
The infinite variety of which passeth any one mans judgment perfectly to know and distinguish, because that Nature and Art in all Countries and Places brings into the World such change and diversity, in place, time, use and quality in all Professions, that it were a work endless to set down the natures, conditions and properties thereof; therefore it hath contented me in all Countries and Cities here collected, to nominate only the Commodities that the places are observed to afford, either Natural or Artificial, either Staple or Perishable, wherewith Merchants are found to negotiate, and upon which it is found that a Custom is imposed by Princes, and by them satisfied accordingly.
And yet forasmuch as many of these Commodities herein named and found throughout the World, may seem strange to some not well versed in the general knowledge thereof; and yet this knowledge so necessary to all that profess Merchandizing, I hold it not improper here, not only to add a word or two, conducing to this so needful a skill, but also to the preservation and true keeping thereof in their prime goodness and beauty.
He that intendeth then by his Pen to teach the Theorique of this mysterious part of Commerce, must needs come short of his aim: I hope I may therefore be well excused if I appear defective herein, for I know it is practice and daily use that maketh a man skill'd in this Art; and many lets and impediments appear daily in many men, that hinder the true attainment thereof: for it must needs be granted, that he that is imperfect in any one natural Sense, or wants those helps that Nature affords to perfect minds, must neither be a Merchant, nor yet addict himself to this knowledge: for any one Sense being either depraved or defective in part or in whole, will inforce him to commit (against his will and mind) many Errors, and constrain him to take the bad for good, or (at leastwise) the bad as soon as the good; and sometimes (as we say) Chalk for Cheese, or one thing for another: All commodities are known by the Senses.for Experience tells us, That all Commodities are not learned by one Sense alone, though otherwise never so perfect; nor yet by two, but sometimes by three, sometimes by four, and sometimes by all: and yet this Art is now adays come to that height, (I may say) to that height of cunning, that all these are little enough too.
But in general it must be granted, That the Eye above all the rest of the Senses, still claimeth an especial interest and prerogative herein, and must ever be admitted as one of the chiefest that must still accompany the rest in this distinction, and therefore many things are oftentimes found saleable that are pleasing thereto; and in some Commodities the same is noted to have the whole stroke, and only to give the judgment, as in all manner of Colours, and such like things depending thereupon.
Some are noted again to require the Sense of Feeling to be assistful to the Eye, as where the Hand is of necessity to be employed, as is seen in Cloth and such Commodities. Some require the Sense of Hearing, as where the Ear giveth a help to the Eye, as is seen in some Metals, Minerals, and such like: and some again require the Sense of Smelling, as where the Nose helpeth the Eye, as is seen in some Drugs, Perfumes, and the like; and lastly, some require the Sense of Tasting, as where the Palate giveth the help, as is seen in Spices, Wines, Oyls, and many such Commodities, A principal part of Merchandise consists in the knowledg of commodities.where it is to be noted, that in this knowledg doth consist much the Art of Merchandizing, a principal part of which Profession is properly to know and learn the same; and therefore a Merchants judgment must not be limited within the compass of any one particular Trade or Vocation: for herein must his Mystery, Skill and Art exceed all other, as requiring by necessity a more general knowledg than any other Tradesman; from whom there can be expected no more, than a skill in those Commodities they challenge a property or right by Trade unto, or as appertaining particularly to their peculiar Profession and Calling.
A Merchant must be seen in all commodities.This is manifest in many Tradesmen, as in the Goldsmith, whose knowledg is confined in Silver, and Gold, and in the goodness, fineness, and quality thereof: In the Jeweller, whose knowledge is confined in Gems and Pretious Stones: in the Clothiers, to their Clothing, in the Drugsters to their Drugs; in the Grocer to his Spices; and so generally in all others: But the Merchaet, whose judgment must be larger, must have skill in all, and have a general inspection in every part and member or each of them, as being only branches of his unlimited knowledg; which is not confineable to Commodities and Wares of value and consequence only, but [Page 38]also to the Wares of the meanest Artificer; so that in this point his Art may be compared to the Poets, whose excellency must consist in a cursory Judgment in all Sciences, and to learned in all Professions, the difference being, that the Merchants skill must be real, solid and substantial, and the Poets may be feigned and Poetical.
And in all Trades.Therefore both the natural and artificial Commodities must be comprehended within the circuit of his Judgment, and into all Trades he ought to have a general insight, as with the Fisherman, he must dive into the Deep, and know all sorts of Merchantablish, as Ling, Cod, Haberdine, Herrings, Pilchards, Salmons, Eels, how caught, and how preserved, and the proper season for the same.
With the Husbandman and Labourer, he must have insight in the Harvest of the Earth, and know all Commodities that the same is found naturally to afford for Merchandize, as all manner of Corn, Grain, or Pulse; the Vintages for all manner of Wines, the Recoltoes for all manner of Oyls, Cottons, Currants, Figs, Raisins, and other Fruit of the Earth, how and when the same is gathered, and how and by what means the same is kept and preserved: with the Shepherd, to know all manner of Wools; with the Woodman to know all manner of Timber, and all circumstances thereto belonging; and to conclude, his skill and inspection must be such, that it extend it self from the Commodities belonging to the meanest Artificer, to the Commodities belonging to the most eminent Shop-keeper, which I neither know, nor yet am able in all necessary Points to learn; but especially so much of this knowledge must not be omitted as cometh within the compass of that place, wherein and whereunto the Merchant resideth or bendeth his Trade and Adventures.
A Merchant must know the value of all the Commodities, and all other circumstances thereof.Neither yet must his knowledge rest it self here upon the consideration of the meer goodness of Commodities, but must also extend it self to the consideration of the true worth and value thereof, both in the price and in the esteem; and also know how the same is both requested and spent, and how Imported, and how exported, either for Use or for Ornament, from one Countrey and place to another; together with the due circumstances of Times and Seasons, when this Vent or Sale presenteth, and when the same is out of use and not demanded: also when sign of plenty doth offer it self, and when of scarcity; when of rising and when of falling; what Commodities in themselves naturally are friends, and sympathize in the Shipping, and will indure packing, binding, and stowage together; and which again have a secret antipathy, and will perish and consume each other; all which circumstances I have at large handled in a Tract, which I have called The Merchants Magazine, which I may hereafter publish, if I find this my Labour prove acceptable to Merchants.
Merchants should reduce this knowledge of Commodities to profit.Moreover, all Merchants endeavouring to obtain this exquisiteness, should not be satisfied with a naked skill and knowledge in these Commodities thus belonging to other mens Professions; but their main scope and aim should be to make this knowledge and skill profitable and beneficial unto them, as by Exporting the superfluous Commodities of one Countrey at a plentiful Season of either Harvest, Recolto, or Vintage to another place or Kingdom, where either nature, scarcity, the curiosity, pride, sloth, or necessity of the Inhabitants challengeth a supply or stand in need of, which must be done with many advised circumstances. First, In that consideration must be had as well to the place as to the time, as well in the Importation as in the Exportation; and to the property and fitness of both the place and time; for all Commodities are not transportable at all Seasons, nor yet every Season fit for every Commodity; some Commodities require Winter and cold Seasons for Transportations, and some again require Summer and warmer weather; and in the fitness of the place a judicious Eye is to be had, and the same to be done with a great deal of providence and circumspection, observing well the nature and the property of the place, whither the same is to be Imported, and whence Exported, and not as that Dutch Merchant is said unfitly to have done, that carried Fish to Rame at Easter, or Shooe-horns and Hats to Constantinople, or as we commonly say, Coals to New-Castle, where great quantities are daily digged up and vented thence to all parts of the World.
Merchants should know how to preserve all commodities.And for as much as Merchants find not at all times, a present Vent and Sale for their Commodities, according to their mind, and to a contented profit, therefore their knowledge must yet extend it self so far, as that they know how the same is both to be preserved and kept, from either spoyling or perishing; for Experience shews, that almost every several Commodity doth demand almost a several and different way of preservation and keeping, that the same may continue and hold its prime vertue, worth, and goodness, both in colour, substance, and beauty; and also know what may be opposite thereto, and incident either to spoil, hurt, harm, or prejudice it; for first, some Commodities are observed to be best preserved dry, as is seen in some sorts of Spices, Drugs, Sugars, raw Silks, and such like; and these require a dry, close Ware-house, or Magazine for stowage thereof; some are found to be best preserved by lying close without air or vent, as some Wines, some Fruits, and such like; and some are observed to be best preserved by moisture and no air, as Tobacco, Civet, Musk, Verdigreese, and such like; and so in some other Commodities, which do also differ in respect of the place; some Commodities [Page 39]requiring low and close Cellerage, and some high and airy Ware-houses, &c. all which things are considerable in the housing and keeping of Wares and Commodities, and necessary to be known, lest that by ignorance a damage be sustained in staying for a Market, or a fit or more proper season for the sale and vent thereof.
Merchants should know how to better their Commodities.Neither is it sufficient that a Merchant do know how to preserve his Wares and Commodities in their first splendor, goodness, and virtue, but their skill must extend, if possible, to give it new vigour, life, strength and beauty, being either by casualty or time, dead or faded, dying or perishing, which though in some Commidities it may (in some sort) be performed, yet in all Commodities it is a matter not only unprobably, but utterly impossible to be in any manner of ways effected; for this only secret, if any where it were to be learned, would prove a most profitable knowledge, and worth the learning, and a Mystery, that would too soon enrich Trades-men and Merchants. Yet some such there be their Arts-Masters, who before they will throw away their Goods, when either they are in part decaying, or totally perishing, will try many ways and conclusions to rectifie the default and defects thereof; sometimes by Commixrures, Compositions, and helps, adding excellent good to the very worst, or sweet to four, or one colour to another; as is imagined is too oftentimes practised by the Art of the Vintuer, in his old perished or pallid Wines. Others again by changing the Objects, turning one Die into another, as it is conceived is daily practised by Mercers, and others, by new dying of spotted Stuffs and Silks: many such ways being practised, which the ingenious head and hand of the Arts-man hath found out, and invented, to save, preserve, maintain, and sometimes to vestore a Commodity that is wasting and perishing, which I refer to those that are more skilful therein.
How a Merchant may have knowledg in all Commodities.Now the last point resting to conclude this Chapter, is to shew briefly how this knowledge first spoken of in Commodities may be gained and acquired, which doubtless is best done by Experience, the true Mother of Knowledge; and this Experience is best gotten by often viewing the same, and heedfully marking the Qualities and Properties thereof, and especially the best and principal of each sort, that a man would be expert in; to which end, it is ever good to procure and keep Patterns and Samples, and thereby so imprint the very Idea thereof in a man's mind, that at the sight of the like or equal, the same may instantly be known and discerned; Merchants to write down their Observations upon Commodities.and the sooner to obtain this knowledge, a man that would learn, must be very inquisitive of men of Experience that are able to instruct in the Commodities required, and learn from such what is the principal notes requisite thereunto, either in their colours, goodness, substance, virtue, taste, seeing, or feeling: and what he hath thus learned and gained, to take order never to forget, by committing the same to writing, and therewith to note the signs and marks of the goodness and badness of all those Commodities that a man doth either deal in, or would learn to know; and to make this knowledge the more compleat, to note down therewith all manner of charges incident thereto, and that grow in that place upon the same, with the ordinary price which there it doth commonly bear and hold; and though these notes should either by haste or mis-information be at the first rude, and undigested, or though many should prove frivolous and to little purpose, it matters not much; the one sort may soon be better ordered, and the other may as easily be rejected; his better knowledge, and a little consideration may amend both these defects; my reason for the same is, that the use and custom of noting in this manner, will make a man (especially young beginners) more skilful and ready in this knowledge in a year, than he that taketh only a bare, idle, and superficial view, shall be in his whole life-time; for it must needs be granted, that it both perfecteth skill, and helpeth memory, which is the only means hereto, and by graving deeper impressions in a man's mind, inforce him, will he, nill he, to a more considerate and judicious observation, and marking thereof; whenas he hath thus absolutely tied himself to a necessity of setting down every Commodity, and each particular circumstance in this manner thereto belonging. And this being as much as I think needful to insert, concerning this point in general, I will proceed to the next and last, which is of Exchanges practised amongst Merchants in the Art of Merchandizing.
CAAP. X. Of Exchanges in general, used by Merchants in this MAP of COMMERCE.
Exchanges in general practised by Merchants in the Map of Commerce.THe next and last general point handled in this Map of Commerce, is Exchanges, which is observed to be the most mysterious part of the Art of Merchandizing and Traffique, being not only necessary for the knowledge of all Merchants, but also fit and useful for such as negotiate the publick affairs of Princes, and for such as sit at the Stern and Government of the Commonwealth.
[Page 40] The necessity and commodiousness of Exchanges.The necessity and commodiousness of these Exchanges in all Traffick is doubtless very great, it having found in all Countreys hitherto, such a general allowance and approbation, and having for so many years stood uncontrouled, and is still preserved in its pristine splendor and integrity, shews evidently that at first the same was invented, and devised to a most excellent use and end, it being observed, that as Money was devised, and first invented of the best and purest Metals, to avoid the chargeable and troublesome carriage of Commodities in Trade, from one place to another; so was Exchange of Moneys, first also devised and found out, to avoid the danger and adventure thereof, and the chargeable and troublesome carriage of the same from one City or Countrey to another.
The excellency, &c. of a Bill of Exchange.I conceive it will not be material for me in this place to reckon up the divers manner of Exchanges, that have been of old in use, and as yet are practised amongst Traders and Merchants, throughout the World, nor yet here insert the form of a Bill of Exchange, which in it self is accounted so noble and excellent a specialty, that it carries with it not only a kind of commanding power to pay, but is accordingly observed, satisfied; and discharged, though directed from the Servant to the Master. Such a high esteem being ever had to the quality thereof, that the proceedings and ceremonies used therein, are both singular and extraordinary, and are not subject to any prescription by Law or otherwise, but subsisting meerly of a reverend custom, used and solemnized in and about the same. Neither yet will I here mention the formalities and peculiar rites and customs that are only found to appertain thereunto, either in the punctual Presentment, Intimation, Acceptation, Protest and Return, that is requisite, and necessary, and thereto belonging, for it is to be understood, that he that doth take upon him the Title of a Merchant, and intendeth to make use of this Map, ought not to be ignorant in all the particular circumstances of place and time, either of Presentment, of Payment, of due Protests in Default, and therewith know the common Rules governing, the Causes of rising, the Signs of falling of the said Prices, which I here willingly omit, reserving the same to a more fit occasion in the end of this Tract.
The mystery of Exchanges reduced to prufitable principles.I have noted then the first use of this Exchanging, and the excellency thereof, being preserved in times past in its true integrity and reality; but those honest and innocent ends are vanished with those innocent and honest days of our fore-fathers; for since Trade by a more general and universal Commerce and concurrency of Nations, being grown to that height and perfection that now it is, this fair and candid manner and use of Exchanging, and the most excellent Commodities thereof, is in part given over; for the subtilty of these times hath made an Art and Mystery thereof, which being reduced into heads and principles, hath proved in many places so profitable and beneficial to the studious therein, that it is now a received opinion, that the excellency thereof exceeds the Art of Merchandizing it self; and what inventions and sleights to inrich themselves, their policies have brought to the view of the World, I leave to the censure of Malines and others, that have at large discoursed thereof, and described the same.
But where the ancient custom of Exchanges is still preserved and maintained in its true and moderate use, and the crafts and abuses thereof taken away and purged, it then appears to be most excellent, useful, commodious, and beneficial, as well to Kingdoms and Cities in general, as to private Traders and Merchants in particular.
All Coins brought into one by Exchanges.I have observed before, that all weights and measures should be to the Merchant as one and the self same weight and measure, abating or allowing, as the difference of the place requireth. So by this knowledge of Exchanging should all Princes Coins be brought into one and the self-same quality, and parity, and be to him as one and the self same Coin; for if the allay or Standard of one Prince's Moneys, be finer or better, than the Coins and Moneys used in that place where the Merchant resideth, and his consequently coarser or baser, the allowance given by exchange either in time, in price, or in both, makes up that disparity, and settles thus a parity between them, in drawing down the one, which is the finer, or raising up the other, which is the baser, to an even scantling, time and price giving the allowance to rectifie both the one and the other in equality and true value.
But so far forth is this to be understood, that this is truly seen practised where a course of quiet Traffick is settled between two Kingdoms and Nations, continuing in amity and firm peace together: But where Princes either by the necessity of Wars, or accidental great disbursements, have occasion, or do use to inhanse the current Rates of their Moneys in their Payments, or decrying them in the Receipts, and that Moneys by that either casual or constant course, become either more plentiful or more scarce than ordinary, then these rules of parity hold not so justly; The Exchanger rectifieth the disorders of Mints, and the necessity of Princes.yet ever so as having in its self a predominant power over the sudden affairs of Princes in matters of Moneys, and with all expedition possible, rectifying by a common knowledge and consent of Exchanges and Bankers, the error or necessity of Princes and their Mints (who indeed are the Sovereigns of all Coins and Moneys) so that though the Exchanger be not called to the Princes Counsel, nor yet admitted to give his opinion and verdict, either in his [Page 41] Mint or in the allay of his current Moneys; nor yet to his Proclamations and Decrees in the setling or rectifying of the goodness or current value thereof; yet the over-ruling part or Ballance is in his hand, and he orders (by an invisible mystery of a visible Exchange) the allay, value, debasement or inhansement thereof, with the allowances, circumstances, places, and times being rightly considered, such as the necessity of the Countrey, the plenty or scarcicy of Moneys, or other such like accidents may admit; regulating by this means tacitely in his Closet, the disorders committed by Mints, and the over-sights which the great Affairs of Princes necessities plunge them in: and thus erecting to himself and others of his Profession a certain Rule and publick Ballance, that shall serve as an equal Parr and Standard of all Princes Coins whatsoever; thereby (as with a Touch-stone) taking the true valuation thereof; distinguishing still the fineness and coursness according to the true worth and real goodness, altering and changing the price and rate thereof, as time, place and occasion may admit and give consent thereunto.
How to find out the Parr of Exchanges.It now remaineth that I should shew this true Parr of Exchanges, and howit may be found out and discerned in all Exchanges; Experience hath made it evident to all the Learned in this Art, that the true Royal Exchange for Moneys by Bills of Exchanges, is fairly and substantially grounded upon the weight, fineness, and valuation of the Moneys of each several Countrey, according to the Parr which by Bankers is understood to be value for value, as the truth thereof is seen in our Exchanges in England, which hath its ground upon the weights and fineness of our Sterling English Moneys, the weight and fineness of each other Countrey according to their several Standards, proportionable in the valuation, being truly and justly made, giving also thereby the price of the Exchange, in and for every place, according to the denomination of the Money, and by which all Exchanges are or should be in themselves framed, cast up, and calculated; but besides this real Parr of Exchange, there is also a Merchants Parr, which in due place I shall declare.
These Exchanges then in the general property thereof, do much differ both in the name and in the proportion between the Gold and the Silver observed in most Countreys; and that to set down the Parr of Exchanges exactly, we are to examine and compare, not only our own weight (as is aforesaid) with the weight of other Countreys; but also the fineness of our Sterling Standards with the fineness of the several Standards of the Coîns of other Countreys; and if we be found not to differ with them in the proportion between the Gold and Silver, then may our Exchanges run at one and the same price and rate, both for Gold and Silver, taking the denomination according to the valuation of the Moneys of each Countrey; and hereby shall we find how much fine Silver or Gold of our pound Sterling containeth, and what quantity of other Moneys either of France, Germany, Low-Countreys, Eastland and elsewhere, we are to have in exchange to countervail the same, in the like weight and fineness answerable to ours. be it by the Pound, Doller, Ducate, Crown, or any other imaginary or real Coin, giving always a value for value, and receiving the like, which is called by Exchangers (as I said before) the Parr; the which should in all Exchanges be so particularly known and considered, that as Money is publica mensura, or the publick measure within the Realm between man and man, so should Exchanges thus made for these Moneys, be the publick measure between us and forein Countreys, for all Commodities either bought or sold, which therefore necessarily requireth a certainty in the calculation of this Parr aforesaid, admitting nevertheless (as I said before) an advantage upon the farne, upon good ground and just occasion on either side.
The price of the Exchanges at the disposal of the Exchanger.But as the price of Exchanges is at this day seen to be at the only and sole disposal of the Exchanger and Merchant, and that the same carrieth with it a predominancy in the buying and selling of their Commodities, as is observed especially beyond the Sea, so ought they carefully and circumspectly to consider the true nature thereof, and not only look upon the present object, which is to know how the price of Exchange goeth at the time when they have occasion to deal therewith, but also truly to consider the Reality of this Parr, as is aforesaid, and as it is in it self really found to be; for it is observed both here in England, and abroad elsewhere beyond Seas, that those who altogether do practise this Exchanging, and deal for Moneys by Exchange, have this observation therein; for they being Exchangers indeed, know perfectly the weight and fineness both of our English and of forein Coins, and comparing the same together, make thereby to themselves the true calculation of the Parr aforesaid, wherein they are not directed by the current valuation of Coins, which is often seen to be inconstant and uncertain; nor by the toleration of Moneys, either here or beyond the Seas, going sometimes, and in some places current above the said valuation; and this indeed is one of the most mysterious parts that is included in this Art of Exchanging, which the Merchant ought considerately to learn and distinguish. And concluding here all further Observations and Circumstances practised in the general Exchanges amongst Merchants, I refer the Reader, for what is here purposely omitted, to the end of this Tract, where I have inserted what I have conceived to be further needful hereunto.
The Office of Garbling.
That King Henry the Sixth did first give the Office of Garbling all Spices, Drugs and other Merchandizes in London, to the Lord Maior, Aldermen, and Gommonalty of the same.
That the Merchants and Grocers did devise the Laws, how the same should be Garbled for ever.
That if the common breach of Laws and Decrees be permitted, then ensueth not only the contempt of the Magistrate, but also the very ruine of that for which cause such Acts and Ordinances were made and advanced; a thing sutable to the subject of this matter, namely, in the fact of Garbling of Spices, Drugs, and other Merchandizes, &c. the necessity of cleansing and purifying whereof, in the time of King Henry the Sixth, was then debated; and the Office of Garbling was by the same King given to the Maior and Commonalty of this famous City of London; but in such wise notwithstanding, that it is very apparent, that as well the Merchants, Owners of Spices, as the Grocers Retailers of the same City, were called to give advice for the conceiving and creating of such Acts and Ordinances therein, as might best tend to the benefit of the Merchant, the uttering and sale of the Grocer, and the goodness of the thing garbled, for the health of the People of this Realm; By several Orders and Acts of Common-Council in H. 6. H. 7. H. 8. & Qu. Eliz. 2. upon which Acts and Orders the Art of Garbling was pronounced and declared to consist; it being an habit of working according to right Reason, and Mechanical or Handy-craft; Hackdy and Aunsell first Garblers after the said gift.the full knowledge thereof was partly gotten and attained by use at that time by Richard Hackdy, and William Aunsell, Citizens, and partly by Instruction and reason taught and shewed by the Merchants and Grocers, then being, and was left to the execution of the said Persons the Officers aforesaid; the which advice, as well of the Merchants, Grocers, and of the said Officers, are thus set forth.
The Division of Spices, Drugs. &c. into sorts, according to the qualities of the several Commodities; but to set down particularly, how every of these Commodities in their kind, ought to be Garbled, were a thing too tedious; and that there is no better way than the antient manner of Garbling, and the just packing and putting up of the same, by men experienced and sworn for the due performance of that work and labour, as heretofore there were, but of a long time have been wholly omitted; and for the Garblers well-ordering of his Work-men, and the skilful ruling of, and governing a Company, is to begin in himself.
What Garbling is.
It is a cleansing, severing, sorting and dividing of the good from the bad, and to separate each sort according to the qualities of the several Commodities, and afterwards sealed by the Garbler, Deputy, Clerk, chief Servant thereunto appointed, according to the Statute in that case made and provided: It was by the wisdom of the Parliament in Primo Jacobi, Enacted, That no Spices, Drugs, &c. should be sold, or put to sale, before the same were searcht and Garbled, as by the Act more at large it doth appear.
Also it is the Duty of the Garbler, or his Servants, to tare all such Cask, Hogsheads, Barrels, Bags, Serens, &c. wherein such Spices, Drugs and Merchandizes are brought in, truly, justly, and indifferently betwixt Buyer and Seller; and therefore in former times the Work-men Labourers were all sworn, as appears by several Acts and Orders of the Court of Aldermen and Common-Council.
Also all wet and defective Commodities ought to be kept apart, without any mixture of good and bad, and after they are sufficiently Garbled, to be sealed with a Cross-bar Seal, thereby to distinguish the good and Merchantable Commodities from such as are faulty and defective, which the Buyer may easily observe by looking upon the Seal: but for as much as covetousness, wherein a man being surprized, shall want knowledge how to command himself, may entice him to fall from all antient Orders, and practise strange Divisions, as well of Justice as Profit and Honesty, which are never separate in matters of good quality; for nothing is just nor profitable, if not honest; and he that makes Division of them, by setting forth and separating his Actions; saying, this Deed is honest, but that Deed is profitable for me, he cannot be without fraud, and rend asunder all equity ordained by publick Power and Authority.
Also to give License to any man to buy Spices Garbleable, and to License one and not another and to carry the same from place to place Ungarbled, is unlawful: also to take Money of Merchants before their Goods are Garbled, and to take more Money of one than of another for Garbling, is injustice and partiality, and to take more Money for his Fees than by the Acts of Common-Council is limited, is unlawful. The Rates of the Office of Garbling were established by several Acts of Common-Council, at the first Institution and Ordination of the said Office, as in the Reign H. 6. A. 7. H. 8. Eliz. and the Table of Fees appertaining to [Page 43]the said Office, and hung up in Guild-H [...]ll, London, in publick view, that all persons concerned might take notice thereof; forasmuch as it may be known to all persons what the Garblers duty is, the same at large is expressed in an Act of Common-Council; but higher Rates were set by the Garbler about the end of Queen Elizabeth, which were complained of in Parliament, 1 Jacobi, by one Collen, and others; whereupon it was then provided, that for the sees usually allowed in that behalf they be sufficiently Garbled, &c. 4 H. 8. 18 H. 8. 2 Eliz.
The Interpretation of his name Garbler, shews the nature of his Office: In the beginning faults were but few, and easily supprest; but in time grew like Hydra's head, cutting off one, many sprung in the stead. In corrupting times men are more apt in stooping to Vice than mounting to Virtue. The greediness of gain did infect some of this Fraternity with the practice of deceit.
The Oath of the Servants, or Work-men of the Garbler of Spices, Wares, and Merchandizes within the City of London.
You shall swear, that you shall truly, and faithfully serve your Master the Garbler of Spices, Drugs, and other Merchandizes within the City of London, and truly, and justly shall you deal with all persons whose Spices, Drugs, Wares, or other Merchandizes, you Garble, or cleanse, without stealing, imbezelling, or unlawfully, or unhonestly conveying away any part thereof, or otherwise mis-behaving your self.
II. You shall not consent, or agree to the stealing, imbezelling, or unlawful, or unhonest conveying away of any such Drugs, Spices, Wares, or Merchandizes: And if you shall know of any that shall so do, you shall with as much speed, as you conveniently may, admonish your Master of it.
III. You shall truly, faithfully, and indifferently, without respect of any person, or any cause whatsoever, Garble, and cleanse such Spices, Drugs, Wares, and Merchandizes, you shall take in hand, or be appointed to Garble, or Cleanse; And as much as shall in you lie, you shall procure your fellows, and other work-men to do the like.
IV. You shall neither buy nor sell any Garble dust, light Pepper, or other unlawful thing which shall be taken out of any Spices, Drugs; Wares, or other Merchandizes, so long as you shall continue in service, or work with your Master that now is, or with any other who shall hereafter use, or occupy the Office of Garbler; neither shall you cause or procure any other to buy any part thereof: And if you shall know any person that shall buy, sell, put to sale, or convey out of the City, or Liberties thereof, any Spices, Drugs, Wares, or Merchandizes Ungarbled, which ought to be Garbled: Or which shall buy, or sell any Garble dust, powder, light Pepper, or any other thing within the said City, or Liberties thereof, you shall with as much speed, as conveniently you may, inform your Master thereof.
V. You shall not at any time hereafter, so much as in you shall lie, suffer to be delivered, or consent to the delivery of any Spices, Drugs, or other Merchandizes which shall be Garbled, before the same shall be sealed with the usual Seal of the Garbler accustomed for the same.
VI. You shall know no person to mix any Garble dust, light Pepper, or powder with clean Spices, Drugs, or Merchandizes, but you shall with convenient speed inform your Master thereof.
VII. You shall not enter into any work, or labour, touching the Office of your Master the Garbler, until your said Master, or in his absence his chief Clerk, or chief Servant by him appointed, or to be appointed in that behalf, shall have knowledge thereof, and give order touching the same: And all other things appertaining to the due execution of the Office of Garbler, to be performed by you as a Servant, or Work-man, you shall truly, honestly, dutifully, and faithfully perform, and execute without partiality, or favour, malice, or evil will to any party. So God you help.
The accustomed and usual Rates of all Spices and Drugs Garbleable.
Pepper by the bag not exceeding 200 three quarters. | ij s. | 00 |
Pepper exceeding 300 by the bag | ij s. | vi d. |
Cloves by the pound | 00 | ij d. |
Wormseeds by the pound | 00 | ij d. |
Maces the 100 weight | iv s. | 00 |
Nutmegs the 100 weight | iij s. | vi d, |
Cinnamon the 100 weight | ijs. | viij d. |
Ginger the 100 weight | 00 | xij d. |
Anniseeds the 100 weight | 00 | viij d, |
Cumminseeds the 100 weight | 00 | viij d. |
Corianderseeds the 100 weight | 00 | viij d. |
Carrowayseeds the 100 weight | 00 | viij d. |
Fennelseeds the 100 weight | 00 | viij d. |
Almonds the 100 weight | 00 | viij d. |
Rice the 100 weight | 00 | viij d. |
Dates the 100 weight | 00 | viij d. |
Onion-seeds the 100 weight | 00 | viij d. |
[Page 44]French Barley the 100 weight | 00 | viij d. |
Galls the 100 weight | 00 | viij d. |
Cochincel the pound weight | 00 | ob. |
Indico the 100 weight | 00 | ivd. |
Argal the 100 weight | 00 | vi d. |
Licorice the 100 weight | 00 | iij d. |
Saunders the 100 weight | 00 | iij d. |
Long-pepper the 100 weight | ij s. | viij d. |
Spignal the 100 weight | ijs. | 00 |
Gallingal the 100 weight | 00 | viij d. |
Turmerick the 100 weight | 00 | xvi d. |
Setwel the 100 weight | 00 | xii d. |
Cassia sistula the 100 weight | ij s. | viij d. |
Guiney pepper the 100 weight | iv s. | 00 |
Senna the 100 | iv s. | 00 |
Bayberries the 100 weight | 00 | viij d. |
Erius the 100 weight | 00 | xii d. |
Stavesacre the 100 weight | 00 | viij d. |
Calamus the 100 weight | 00 | xviij d |
Fenugreek the 100 weight | 00 | viij d. |
Cassia-lignum the 100 weight | ij s. | viij d. |
Grains the 100 weight | 00 | viij d. |
Mastick the 100 weight | 00 | xviij d. |
Frankincense the 100 weight | 00 | xii d. |
Gum Arabick the 100 weight | 00 | xii d. |
Rhubarb the 100 weight | 00 | xii d. |
Scamony the 100 weight | 00 | xii d. |
Olibanum the 100 weight | 00 | xii d. |
Hermidacles the 100 weight | 00 | xviij d. |
Gum-lack the 100 weight | 00 | xij d. |
Tobacco the pound weight | 00 | iv d. |
Sal-Armoniack the 100 wt. | 00 | xviij d. |
The Use of the Alnegers Office.
The Antiquity of Wooll in this Kingdom hath been beyond the memory of Man, that accustomed use hath always been observed to make it the Seat of our wise and learned Judges, in the sight of our Noble Peers, within the place where all wholsom Laws are established for the good Government of this Kingdom; so that no Kingdom whatsoever can speak so happily of this benefit as this Realm; who findeth it the rich mans Increase, and the poor mans Comfort; who in former times suffered the Transportation thereof unto a more ingenious Nation, which made far greater benefit by their labour than those whom God had freely sent it unto: That it is this time the glory of our Traffick, and maintenance of our poor, many hundred Thousadds depend wholly on the same, whose bread is gained by these imployments; it affords Rayment, nay, rich Robes for the greatest Princes, and also warm clothing for the meanest personages, and no part unprofitable or deceitful in it, but often abused by the wicked practices of deceitful people,
The Antiquity of the Alneger.
Before the making of Cloth within this Land, the Alneger was ordained, who exercised that Office upon all Cloths coming from forein parts, to measure and try them where they were put on Land, as only measurer appointed for a long time; his Authority was carried by Proclamation before any Parliament was holden; 2 Edw. 3. 14. his Fee was not then given him, but allowance from the Lord Treasurer and Barons of Exchequer according to his pains and care; his charge was to see all Cloths of assise marked, and those not of assise, and defective, to be taken into his hands for the King, although in the presence of any Maior, Bailiff, or other Magistrate, wherein his credit and trust reposed by the King was explained.
Whilst true making of Cloth endured in reasonable manner, it was most credible in all parts, and so much desired, that forein Merchants did usually come into this Realm to fetch them away; but since deceit crept in, hath grown greater and increased every day, the Trade still declining from bad to worse, and now to worst of all. What maketh those now to refuse our Cloths, being brought to their own doors, which before time earnestly sought it at ours? Falshood. The Clothier complains of his dead sales, the Merchant complains of his losses, all but falshood. Bad Wares are the breeders of bad Debts, and desperate hazards, wherewith both Merchants and makers are extreamly punished; when defective Cloth is made, the owner is often inforced to barter for as bad a Commodity, a Hilding for a Jade; or to deliver out that sweet Herb Thyme, but receive a back burden of the bitter Herb Rue: so here is an adventure increased. The Law was effectually provided for the search in all points, that in every place where Cloth is made and sold, persons appointed for the search thereof, that it be according to the Law; and those Searchers to be able and sufficient men in knowledge and skill, and to be sworn to do uprightly. By which may appear, that the original and proper Office of the Alneger was to view and prevent the false making of all sorts of Woolen Clothes, &c. and not retail his Seals to Clothiers to be put upon what he pleaseth.
When the use of Clothing was planted here, some in all parts of the Realm undertook the Profession; the number was but small for a long time, but found such good success on their labours, as they mightily increased in fame and riches; chief comforters to the aged, and trainers up of youth; their Houses frequented; their Tables replenished; their Hospitality bountiful, and in their carriage plain and honest, yet with plenty and content; Noble persons [Page 45]have been highly pleased with their entertainment; then was true dealing held in great estimation, and deceit hatefully loathed: these men commonly made their recourse to London weekly, who might have been strangers one to another in regard of their distance in dwelling, yet proved Brethren by reason of their Profession; their conference of meeting was to uphold their credit by truth, and their care how to suppress falshood, lest it should steal into their Trades; happiest was he that could win most commendation by desert; so that their works made their markets, and their Merchants their Suiters to hold on their custom; whilst this course continued, the Trade flourished, and Gods blessing abounded on all Dealers therein; we have president within this Realm to lead us to a true course from that Nation which were our first Tutors to the Trade, who now make a Commodity among us of Wooll; which by reason of their slightness and small value, might be esteemed unworthy of wearing; yet by their good observation in making, searching, and sealing, it is so upheld and maintained, that it is more vended than any Cloth we make, and so far void of deceit, that any man though unskilful may buy it without prejudice or loss; look into their lives and conditions, and you shall find them loving one towards the another, and harmless to all men; they keep together, and disperse not in many places, to the end one Government shall rule them, but in two places, or there do they make their Congregation; Colchester, Sandwich, and Canterbury. where it were a wonder to behold so many to maintain themselves on so slight a Trade, yet never a beggar amongst them; they have no Statute Law to bind them, but orders amongst themselves, which are so duly executed without partiality, that the rich are not favoured, nor their poor oppressed; their search in the commodity is threefold, one from the Loom, one from the milling, or thickning, and one from the dressing; and where offence is made, there punishment is sure: what would these people do if they had the making and ordering of our rich Cloths, of great value, that can bring such slight ware in that estimation?
A Statute was made concerning the abuses of Clothes, wherein orders were provided, that all sorts of Cloths should be truly searched, and their just contents of length and weight set upon every piece with the word searched, upon forfeiture: 39 Eliz. 20. 43 Eliz. 10. This Law intended the general good and Reformation of all; yet in regard there was but two Counties nominated, or a certain Circuit expressed, which did before time most offend in those points: all offenders in other places would stop that Law from going any farther; wherefore the next Parliament following, understanding that Law to concern the general good, as well as unto the former limitation, did make the same Act respectively extend unto all and singular Woollen Broad-Cloths, half-Cloths, Kersies, Cottons, Dozens, Penistones, Frizes, Rugs, and all other Woollen Cloths of what nature, kind or name soever they be, or shall be made, and to be made within this Realm, to be viewed, sealed and searched, and subjected to penalties, in such like manner and form, and to such purposes and intents respectively was limited to those Cloths provided for in the former Laws. Now whether can these new Draperie fly to shrowd themselves from the reach of the Law? their new names cannot help them; if they be called by any name, the Law takes hold of them, they can then plead no priviledge to free them from this Law and order, but in yielding obedience.
Grains, Roman Foot and Denarius
The English foot taken from the Iron Standard at Guild-Hall, London, and compared with the Standards for measures of divers Nations.
Such parts as the English foot contains 1000 parts 12 Inches:
The Roman foot, or that on the Monument of Cossutius in Rome contains 967.
The foot on the Monument of Statilius in Rome, contains 972.
The foot of Villalpandus, deduced from the Congius of Vespasian, contains 987.
The Greek foot 1007 29/100
The Paris foot 1068.
The Venetian foot 1162.
The Rhineland foot, or that of Snellius 1033.
The Derah or Cubit, at Cairo in Egypt, 1824.
The Persian Arish 3197.
The greater Turkish Pike at Constantinople 2200.
The lesser Turkish Pike at Constantinople, is in proportion to the greater, as 31. to 32.
The Braccio at Florence 1013.
The Braccio for Woolen at Siena 1242.
The Braccio for Linnen at Siena 1974.
The Braccio at Naples 2100
The Canna at Naples 6880.
The Vara at Almaria, and at Gibralter in Spain 2760.
Il palmo di Architetti at Rome, whereof ten makes the Canna di Architeti 732.
[Page 46] I [...]. Palmo del Braccio di Mercantia, & di Tessito, di Tela at Rome: this and the former are both engraven in a white Marble Stone in the Capitol with this inscription. Curante Lu Paeto 695½.
The Genoa Palm 815.
The Antwerp Ell 2283. 27¼ 1/7.
The Amsterdam Ell 2268. 27¼,
The Leyden Ell 2260. 27 1/7.
The particulars observed in this Map of Commerce.Having then thus briefly run over the general Heads upon which I have grounded this MAP of COMMERCE and Trade, and noted first the division of the World, according to the received opinion of modern Authors, and shewed how the same is generally bounded, and how distinguished into Empires, Kingdoms, Provinces, and Islands, and how again these Countreys contain certain eminent and principal Cities and Towns, both Maritime and Inland, which for their situation, opulence and concourse of Merchants, do merit the name of the great and famous places of Commerce and Traffique in the World: And having therein observed the Commodities either naturally there growing, or artificially there produced, whereby Trade is in the said places both maintained and preserved, and therewithal noted the general Duty of Customs and Imposts levied upon the said Commodities by the Authority of Princes, and settled in all the said Traffiquing Cities, and collected in certain publick places, from thence tenned Custom-houses; and then shewed the Coins current in those several Cities, and Kingdoms, with the original and present kinds thereof in sundry Countreys, and then the real and imaginary denomination of species, wherein Merchants are observed to keep their Accompts in all the said places, with the weights and measures there extant and in use: and lastly, the manner how the Par and Prices of all Exchanges in the said places are settled, ordered, continued and maintained.
I will now proceed to the particulars thereof, making my entrance into AMERICA, as furthest from us, and as least known to us, and first survey the Trade thereof, according to my proposed Method in this universal MAP of COMMERCE: And from thence coasting through Africa, Asia and Europe, conclude my Pilgrimage, and finish my MAP in the desired Port of the City of London.
OF AMERICA AND THE PROVINCES THEREOF.
CHAP. XI.
America and the Provinces thereof. THIS Body then contained in this Universal Map, or (as now I may term it) this World, is by Geographers divided (as I said before) into four parts, Europe, Africa, Asia, and America; which last was altogether unknown to the Ancients, and being of a large extent, the Modern have divided it, some into two, some into three parts, Mexicana, Peruana, Magellicana, and each of these parts are found to contain several Provinces and Kingdoms, which I will only superficially look over, thereby the better to come to the Towns of Traffique, situated in those Provinces and Kingdoms; which my method and present intentions will enforce me the longer to insist upon: and because this last mentioned part America as last discovered, is least known unto us, and the least frequented by our Nation; I think it not improper there to begin to delineate my MAP of COMMERCE, borrowing herein the liberty of those Navigators that publish their Cards, leaving imperfect to the view of all men those Places, Lands, and Harbours, which have not been fully discovered and found out; and thence sailing homewards by Africa and Asia into Europe, gathering in each Countrey as I pass, more variety of colours to adorn and beautisie this Treatise, and so at last to close my whole Labours, and finish my MAP within the circumserence of London, as better known unto us, and as being better versed in their several manners of Negotiation.
This new World then called by us America, and now a-days passing by the name of the West-Indies; being West in respect of its Situation, and India in respect of its wealth, was at first discovered by Christopher Columbus a Genoese, at the charges of Ferdinando, and Isabella King and Queen of Castilia, after 63 days sail from Sevil. Then secondly, by Americus Vesputius a Florentine, at the charges of Emmanuel King of Portugal: And thirdly, by John Cabot a Venetian, at the charges of Henry the seventh, King of England, the first and last had their Adventures of discovering some Islands only in this part; and Americus of the Main Continent, and thereby gained the honour of giving name to that vast circuit of Earth, which since by sundry others have been more exactly discovered, as by our Countrey-men Drake, Candish, Frobisher, Davies, Willouby, Burrows, and others, as desiring to share with the first discoverers in the riches and wealth, which thence spread it self over all the other parts of the World.
This America then, or more properly in honour of the first discoverer Columba, bounded as I mentioned before, is found by the Spaniard, (who challengeth all this large Territory) for their own by Conquest, to be divided into two parts, Mexicana, and Peruana, of which briefly.
CHAP. XII. Of MEXICANA, and the Provinces thereof.
Mexicana and the Provinces thereof. MExicana containeth the Northern Tract of America, and comprehendeth these distinct Provinces.
- 1 Mexico.
- 2 Quivira.
- 3 Nicaragua
- 4 Jucutan
- 5 Florida
- 6 Virginia, and New-England.
- 7 Nurembega.
- 8 Nova Francia.
- 9 Corterialis.
- 10 Estotilandia.
Mexico. Mexico giveth name to half America, now known by the name of Nova Hispania, whence the Kings of Spain style themselves Hispaniarum Reges; it was very populous before the arrival of the Spaniards, who in 17 years slew six millions of the Inhabitants, rosting some, cutting off the Members, and putting out the eyes of others, and casting them living to be devoured of wild Beasts; to which place now is found no Trade nor Commerce by any Nation, save only to the Subjects of this King, and to such only as are known for natural-born Spaniards, though at first the same was granted by Isabella to the natives of Castile only, and Andalusia; but now indifferently to all.
Commodities of Mexico.The Commodities that this Countrey is found to afford for Merchandize, are principally Gold and Silver Mines, Sugar, Tobacco, Ginger, Tallow, Hides, and some Spices, not known to our Ancestors till the discovery thereof; Metle an admirable Tree.and amongst others not to be forgotten, that admirable Tree called Metle, which by them is planted and dressed as we do our Vines, having 40 kinds of leaves serving to several uses, for when they are tender they make of them Conserves, Paper, Flax, Mantles, Mats, Shooes, Girdles, and Cordage: on these leaves grow certain hard prickles, so strong and sharp, that they use them instead of Saws: from the root of this Tree cometh a juyce, like unto Syrup, which being sod, becometh Honey; if purified, becometh Sugar; or otherwise thereof is made both Wine and Vinegar: the rind rosted healeth hurts and sores, and from the top-boughs issueth a Gum, which is an excellent Antidote against Poyson.
This Countrey is divided into four divisions: St. Michael.The first is Nova Galicia, the chief Town thereof is called Saint Michael, a Colony of the Spaniards. Sinsonso.The second is Mechuacan, one of the best Countreys of New-Spain, abounding in Mulberry-Trees, Silk, Honey, Wax, and store of Fish of all kinds; the principal Town is Sinsonso, and the chief Havens are at Saint Anthonies, and at Saint James or as the Spaniards call it, Saint Jago. Ilascalan.The third Province is Gustacan, the chief City is Ilascalan, yielding for beauty and state precedency to Mexico, and none other in all these parts, the principal part is Villarico, a wealthy Town, as the place through which all the Traffique of old and new Spain doth pass. City of Mexico.The fourth is Mexico, wherein that famous City of Mexico is seated, now the Seat of the Spanish Vice-Roy and Archbishop of New-Spain; this City is said to be situated in a Lake upon certain Islands; as Venice doth, every where interlaced with the pleasant currents of fresh and Sea-waters, and carrieth a face of more civil Government than any other in America, though nothing, if compared with any in Europe: the Lake is said to be 50 miles in compass; on whose banks are found many pleasant Towns and Houses: also it is said that fifty thousand Wherries are seen here continually plying, and afford such quantity of Fish, that the same is worth 20000 Crowns yearly. The City of Mexico it self is six miles in compass, containing 6000 houses of Spaniards, and 6000 of Indians: it hath also a Printing-house, a Mint, and an University, and some Churches of note that beautifie the same: it was vanquished by Fernando Cortes, in Anno 1521. with an Army of 100000 Americans, only 900 Spaniards, 80 Horse, 17 pieces of small Ordnance; in 13 Brigantins and 6000 Wherries, most of the Americans were of Ilascalan, who were ever adversaries to the Mexicans; for which cause that City doth enjoy many immunities to this day; and to conclude, according to the opinion of an English Traveller, whose relation I herein follow; Four things are here remarkable for beauty, their App [...]rel, their Women, their Horses, and their Sticats: And thus much shall serve of Mexico.
Quivira 2.The second Province is Quivira, seated on the most Western parts of America, in which are two Provinces, Cibola taking its name from the chief City subdued by Francisco Vasques, in Anno 1540. and Nova Albion discovered by that famous Sea-man Sir Francis Drake, An. 1585. and by him so called: the chief Commodities and Riches of this Countrey are Kine, some men being owners of forty thousand, and these serve to the Inhabitants here, as we say of our Ale [Page 49]to Drunkards in England, meat, drink, and cloth, and more too; for first the Hides yield them houses, or to say more properly, the covering of them, their Bones, Bodkins, their Hair, Thred, their Sinews, Ropes, their Horns, Maws, and Bladders, Vessels, their Dung, Fire, their Calfskins, Budgets, to draw and keep water, their blood for drink; and lastly, their flesh for meat, &c.
Nicaragua 3.The third is Nicaragua, being South-East from Mexico, with which it agreeth in nature both of Soil and Inhabitants, and accounted for its pleasantness, Mahomet's Paradise, An Admirable Tree.having Trees in great abundance, of that strange nature, that a branch touched by the hand of any man, withereth presently. Nova Grenada.The chief City is Nova Grenada, and Lea a Bishop's See. The Commodities thereof are, Honey, Wax, Cotton, and Balsam in great abundance; it is extream hot, and therefore not to be travell'd by day, but by night: their Winter beginneth in May, and from thence raineth for six months; the other six very fair and dry; and the day and night being here of equal length.
Jucatan 4.The fourth is Jucatan, and was discovered in Anno 1517. which in the language of the place, signifieth What say you? which was the answer the Inhabitants gave the Spaniards that first demanded of them the name of their Countrey; and since by this means retains that name by the Spaniards. Campechio.The chiefest City is Campechio, whence comes that wood so well known in Europe; also here is the Island called by the Spaniard, Santo Crux, wherein is a City of that name well fortified by them.
Florida 5.The fifth is Florida, discovered by the English, under the conduct of Sebastian Cabot, An. 1467. then possessed by the Spaniards in Anno 1527. and called Florida; afterward the French got footing here in Anno 1562; but the Spaniards unwilling the French should be eye witnesses of their rich booty, waged war with them so long, that there was not a man left on either side to maintain the quarrel; and then was Florida again in 1567 abandoned: The Spaniards now hold there three strong Forts, St. James, St. Philip, and St. Augustin; which last was taken and burnt by Sir Francis Drake, 1586. which since is repaired, and that is all the Spaniards hold here at this day; desiring (as it seems) neither to plant further himself, nor suffer others to do it.
Virginia 6.The sixth is Virginia, which was discovered by Sir Walter Raleigh, Anno 1584, and in honour of our Queen called Virginia. It lies in the height of 35 degrees Northerly Latitude, extending to 38 degrees or thereabouts, being seated and planted from 37 to 38 by the English under the Supream Authority of the King of England, (having the great Bay of Roanoke, and Cape Florida to the Southward, and Maryland to the Northward) the main entrance into Virginia out of the Sea is about 10 leagues broad, between two Points of Low-land, that on the South being called Cape Henry, that on the North Cape Charles, by which they pass into a great River or Bay called the Bay of Chesapiake, which runs away Northerly about 100 leagues, into which River or Bay of Chesapiake many other great Rivers empty themselves, all running up West and North-West into the Countrey 100, 120, and some 140 or 150 miles, being 3, 4, 5, and some of them 6 or 8 miles broad, all which (with some other smaller Rivers which fall into them) are Navigable for Shipping, having 4, 5, 6, 7, 8 fathoms, and in the shallowest parts not less than three fathoms depth of water: Ships that come out of the Sea are harboured so soon as they are within the aforesaid Capes, and may ride safely in any of those Rivers where they please, within a mile, half a mile, and in some places within a quarter of a mile of the shore, which also they do, Anchoring sometimes at one place, sometimes at another, for the delivering out and taking in of their Goods, in the several Plantations and the several Rivers, as stands best with their conveniency, after they have given the Governour an account of their arrival, and from whence they come.
The first River, after they are within the Capes in the Bay of Chesapiake, is called James River, the next Pamunkee or York River, then Payancatank, Rapahanock, Wicocomoce, and some others upon the Western shore of that Bay, and some on the Eastern shore thereof: Most of which Rivers received their names from the Indians, who were the only Inhabitants and Possessors of that great Countrey, before the English came there, and who still some of them live round about our people, and in some places near unto them, within three or four miles of some of our Plantations; but are nothing so numerous as at the first, being very much lessened and destroyed by the quarrels and Wars among themselves and with the English; especially in and shortly after the years 1621. and 1644, at which times they treacherously fell upon our people, and massacred about four or five hundred persons each time in one hours space.
The chief Port is James City, a Town lying about 40 miles up in James River, which is commonly the place of the Governours Residence, and where the principal matters relating to Government, and the Administration of Justice for the whole Countrey are transacted, by the Governour and his Council, four times a year, called quarter Courts; and once a year by the General Assembly, who likewise meet there, being such Burgesses as are elected in the several Counties by the people, and sent thither to sit and act in the nature of our Parliaments here in [Page 50] London. Matters of lesser consequence are heard and determined in the several Counties by Commissioners authorized for that purpose, called the County Courts, who sit every month, or every two months; In which Courts and all others, their trials and proceedings are in all respects conformable, as near as may be, according to the Laws and practice of England.
The climate, weather and soil, are much what like ours in England; only the Summer about a month longer; something hotter, and much more of Thunder and Lightning; the days about an hour and half shorter in Summer, and so much longer in Winter.
The Land fertile, plain, and so free from Rocks, Stones and Gravel, that their Horses are never shod. English fruits prosper so well, that they have already attained to make store of Cider and Perry. The Countrey in all parts woody; the Trees generally tall, and many of them very big, most of them Oaks of several sorts, and black and white Walnuts; the rest Poplar, Ash, Pine, Cedar, Logwood, Gum, Chesnut, Saxafras, Mulberry, Chinkapins, Persimons, besides Shoomack, Small-nuts, store of wild Grape-Vine, and other small shrubby trees and bushes.
All sorts of English Cattel prove well, and they are well stockt and stored with Horses, Neat, Cattel of all sorts, Sheep, Hogs, Poultry, Turkies, Geese and Ducks, besides that which the Countrey naturally produces of wild Beasts in the Woods, viz Deer, Turkies, Roacoons, Possums, Hares, Squirrels, wild Cats, Foxes, Bears, Wolves, some few Lions, and in some part of the Countrey Elks: And in the Rivers (where the tide swells not above three or four foot, unless forced by an Easterly storm concurring with the Spring-tide) there is in all places some; but in many places great plenty of Oysters, Crabs, Sturgeon, and several sorts of Fish
There is little or no Money used among them, but what they have is the same with ours here, and passes at the same value; their general way of dealing being to barter or exchange one Commodity for another, both among themselves, and with the Merchants who bring or send in Goods from hence, or from any other place: excepting in Trade with the Natives or Indians, there is Roanoke and Wampampeak, which is a shell cut like Beads put upon strings, and passes among them for their Money at a certain rate by the arms length.
The Weights and Measures of all sorts are in all respects the same for all sorts of Goods with ours in London, excepting the Indian Corn or Maiz, which is commonly bought and sold by the Barrel, the Barrel being five Bushels Winchester measure. But the Indians among themselves and to us, do buy and sell their Corn, Pease and Beans, by a Basket, of the bigness of half a Bushel, or thereabouts.
The principal Commodities produced there, are Tobacco, Hides, Beaver, Otter, Musk-Rat, Bear, and Deer-skins, Saxafras, Black-Walnut-tree-plank, with which Goods there are about 40 Sail of Ships laden from thence yearly, most of them Ships of 300, and some of 400 Tun burthen, therehath been sometimes Wheat, Flax and Silk sent from thence; but hitherto not much of those Commodities, there being as yet but few people, and they not so well fitted for, nor so well vers'd in the ordering of them, especially Flax and Silk; which prosper so well in those parts, that in a few years, we may in all likelihood expect considerable quantities of those Goods from thence.
There's nothing of any Custom, or other Imposition, upon any thing Imported there, or Exported from thence; their Trade being chiefly with London and Bristol: Enough, if not a great deal too much, being laid upon the Goods here, viz. 2. d. for every pound of Tobacco Custom and Excise; 12 d. for every skin of Beaver, and 5 per cent. for whatsoever is carried over thither.
The Inhabitants and Planters there, have large proportions of Land due to them, upon the Adventure of their Persons, or Servants; that is to say, fifty Acres for every person transported, which is made choice of, and taken up by them, or their Assigns, in any place which they shall chuse, not already possest, or taken up by another before; paying a quit-rent of 12 d. for every 50 Acres yearly, in Tobacco, Corn, or other Commodities, at the price current; upon which they live, and plant what they please, without any prohibition or restraint; there being no other Order, Government, or Regulation in matter of Trade, but what every man hath in his own breast.
Linnen and Woollen Cloth of all sorts, Nails, Iron tools, Sope, Starch, Powder, Shot, Guns, Wine, Strong-waters, Sugar, Fruit, Spice; and generally all necessaries for Housholdstuff and Clothing, are vended and brought in by the Ships of our Nation, in such proportion or quantity as is necessary for 16 or 18000 people, there being about that number of the English Planters, and some Negroes and others which are their Servants. No Prohibition of any Commodity to Virginia, but only Sheep, which by a politick Law of our nation may not to be carried out of England; yet neverless they are brought in now and then a few in a ship; and the severe penalty of that Act evaded, upon pretence of fresh Provision for themselves at Sea.
[Page 51]The Dutch have had a great Trade in Virginia formerly, to the great advantage and surport of that Plantation: But by an Act of the late Long Parliament, and the last Articles of Peace, that Nation is prohibited: so that now the Trade is not free to any but those of our own Nation, excepting what Trade they have with the Natives or Indians-for Beaver-skins, four or 5000 yearly, also Otter, Deer, Bear, and some other skins of Foxes, Musk-Rats, &c. to the value of four thousand pounds Sterling, per annum, or thereabouts; all which are gotten by way of truck or barter, for a course sort of Woollen Cloth, known by the name of Duffel, used by them to make Mantles for their Clothing; as also Knives, Scissers, Beads, Hoes and Axes.
The manner of Planting Tobacco in Virginia.The Seed of Tobacco is much esser than Mustard-seed; it is sowed in January or February, in beds of rich and well-manured ground, where it springs up to Plants, commonly as thick as they can stand one by the other: the Plants being come to strength, and about the bigness of a Rose, which is usually in May, they are transplanted into the midst of little. Hills, made in Fields for that purpose, about three foot asunder one from the other; so that there may be 4 or 5000 Hills in an Acre of ground. Sometimes if the Plants be weak, they set 2 or. 3 in one Hills to make sure of one; but when once come to strength, they never suffer above one to grow in one Hill; if they should, they would but spoil one another. These Plants grow up into stalks, much like Coleworts, bearing leaves one above another about half a yard long, very thick and sappy, in shape much like Dock-leaves; they seldom let the stalk grow above two foot high, (except such as are preserved for Seed) the tops then being cut off, that the leaves thereon may be the better nourished. The ground if well husbanded, is cleansed from weeds with Hoes, and the Earth kept about the Plants. It is ripe in August, then they cut up the Plants whilst the leaves grow on them, and hang them up in houses to dry from the heat of the Sun, which would else scorch it to powder; and in a months time, or longer, the leaves are stript from the stalk, which is done commonly in moist weather; and then sit to be pack'd in Cask, or made up into Rolls. Those stalks which are let grow for Seed, the tops are not taken off, but let run to their full length, which is four or five foot, and is ripe also in August: The stalk of Tobacco is about the bigness of a child's arm; and in an Acre of ground may grow fifteen hundred weight of good Tobacco.
New-England.The chief Town of New-England for Trade, and every other respect, is Boston of late very much enlarged; it hath two Meeting-houses, about a thousand Families; the building for the generality with Timber, a few with Brick; but most Brick Chimneys: a State-house newly erected in the middle of the great Street, Charlestown is not much increas'd in buildings, and hath but a small Trade; Salem much increas'd in buildings and Trade, by reason of the Fish there, and at Marblehead, the next Neighbours: Pescataqua River affords Timber, Pipestaves, Boards, Masts, as also Fish from Isle-shoals, thrive much, and begin to draw a Trade. These are all the most remarkable places, or Sea-Ports for Traffick at present: Plimouth Jurisdiction, Connectacute Jurisdiction, and all the Towns upon that River, as also New-haven Jurisdiction, and Towns there, afford little else but Provisions, with which they supply this Town of Boston, and the Dutch at Manatos: as indeed all other Island Plantations and Islands do, as Martins Vineyard, Road Island, Long Island, Shelter Island, &c. and so all other Parts and Islands to the Eastward, which are but so many scattered petty places, where people raise only Provisions; of which all that possibly they can spare, is brought by Trading Boats to Beston, which is the Center.
The Governour, as also all other Magistrates, and subordinate Officers, are all chosen by the major part of the Free-men annually: but none is made free till first he is a member of some Congregational Church here: for their Religion is Protestantism, indifferent between Independent and Presbyterian: here is no Toleration for Anabaptists, Papists, nor Quakers; nor any such Sectaries that are apt to sow Sedition, or disturb the Peace. But such as will sit down and attend the ways of God, though they join not with them, may be quiet. But no Children are permitted Baptism, except either the Father, or Mother, or both, be a member of some Congregation: But now of late, if the Grandfather, &c. do present the Child, he being a member, though the Father and Mother be none, it is accepted.
The chief places for to Ride, Load, and Unload, are Boston, Charlestown, Salem, Pescataqua, where any Ship of any Burthen may come.
Here is a Mint set up a few years since, and coins only Silver, 12 d. 6 d. 3 d. which was occasioned by some, who brought many base new Peru pieces of Eight; which being discovered, an Act was made against them that they should not go for current payment: So the people into whose hands they were scattered, were hereby necessitated to have them resined, and so coined, which was according to the Standard; and though there was much loss, yet something was saved. Mexico and Sevil Rials of Eight pass for five shillings per piece, and [Page 52]so the smaller proportionally; in Coinage they will yield 5 s. 3 d. if good, all charge deducted. Now to carry out above five pounds at a time for necessary expences; here is no rising nor falling of Money: If Bullion were brought in and coined, it would turn to account, and purchase the Goods of the Countrey, sooner than Goods, and cheaper.
Accounts are kept by Merchants; such as can do it according to the Italian manner, and express their Moneys by pounds, shillings, pence.
Interest is set by Law, not to exceeed Eight per cent. per ann.
Our Weight is according to the English 112 to the Hundred Averdupois, sixteen ounces to the pound; Silk, Silver, Troy weight.
The dry measure for Corn, Salt, &c. is by the Winchester Bushel strik'd; Coals, Apples, Onions, &c. heapt: A Boad and Shoes all one measure: Wine, Oyl, and all liquid measure by the Gallon: The long measure is Ell of 45 Inches, and Yard of 36 Inches, as in England.
They are not yet come so high as to transport Manufactures of their own, for they cannot supply themselves. The Commodities Exported, are Fish, Beef, Pork, Bisket, Flour, some Corn sometimes, Beaver, Musk-skins, Otter-skins, Pipestaves, Boards, Masts.
All sorts of Forein Commodities will vend here, if such as the Countrey affords will purchase them with the Commodities above exprest, and they are still cloathed with English Drapery: for the colours, the newest are now best in request: for the quantity, all sorts of course and fine Linnen and Woollen, Shoes, Stockings, Thread, Buttons, and Pedlery Ware; Silks, Ribonds, Lace, Pewter, Lead, Shot, Powder, small Artillery; Mault, Wines, Strong-waters, Oyls, Fruits, Salt, &c. for take notice, we as other Plantations, want almost every thing, but the particulars above express'd: I think scarce a hundred thousand pound do suffice per annum the English in these parts.
Here is as yet no Society begun to encourage Trade; and the Encouragement to Manusacture will be of necessity as people grow numerous. Monopoly here is none, only the Trade with the Indians for Poultry is committed to a few: Nothing prohibited but Provisions, which is forfeited if it be landed without License.
For Custom, &c. here is none upon any Commodity, from any parts brought in by Inhabitant or Stranger, either for Importation or Exportation of ought: only upon Wines and Strong-waters, which pay Importation, Canary, Malago, and Sherry ten shillings per Butt: Madera, Lisbon, and Greek six shillings eight pence per Pipe, Fial five shillings per Pipe, all Strong-Waters forty shillings per Tun, to make Entry of them before Landing, or else forfeited.
Consolage none; Factorage from five to ten per cent. for sales and returns. No Rate set, but as the Principal and Factor agree; other charges are Boat-hire, Wharsage, Porterage and Ware-house room.
For Tret, allowance or overplus, &c. is none allowed here yet; only Custom hath crept upon us in the sale of Sugar to allow for Tare of the Cask, as it is in London.
The most of our Negotiation (for want of Money) is in a way of bartering, and do agree in what Commodities to pay, and at what rates and time.
Little Shipping here, but small Crost, from twenty to eighty and an hundred Tuns; and most Catches imployed to the Western Islands, Madara, Virginia, and Caribbe Islands; few or no Nation but our own frequent here.
The chief Fishing is made dry, Dry Cod, or Poor Jack, which is taken by hook and line in Shallops; the seasons the Spring and Fall; the time for lading the Spring Fish, which is the best, is in June; the Fall Fish in October, or thereabouts, a little more or less, sold by the Quintal or Hundred weight price, ordinarily thirty two, thirty, and twenty eight Rials per Quintal. It is transported by Ships (that do come to buy it,) to Bilboa, when we had peace with Spain; the refuse Fish and Maycrils go to the Western and Caribbe Islands; here is a beginning to make Barrel Cod and Corr-fish for France.
Fraight ordinarily, three pounds from London, back three pounds ten shillings, and some Goods four pounds per Tun, and 3 l. to 3 l. 10 s. to Barbado's and Western Islands little or no Inland carriage.
Here is no discouragement given to any Foreiner to hinder Trade, but may freely come, and behaving themselves civilly, and have as free liberty to sell and buy as any Inhabitant; the more is the pity I think.
Here is no Office of Assurance, nor scarce any that m [...]ke any private Contract in that respect. What is that way done, is done in England by advice.
Bank here is none, neither are here men capable of it: but were here those of ability, and understood it, and resolved upon it, it would draw all the profit of those poor parts into it.
Maryland an English Colony upon the main Continent of America, beginning at the Degree of 38, and ending in the Degree 40 Northerly Latitude, bounded on Virginia on the [Page 53]South, New-England on the North, the great Ocean on the East, and the Meridian-line of the first Fountain of the great River of Pattowmeck on the West, begun to be planted in the year 1633.
The Religion is Christian, and a Law established there for Liberty of Conscience, to all that profess to believe in Jesus Christ.
The Countrey is under the right Honourable Caecilius Lord Baltemore, as the absolute Lord and proprietor of it, with all the Jurisdictions anciently belonging to the Count Palatine of Durham; which Lord Baltemore holds it to him and his heirs of the Crown of England, as of the Castle of Windsor in free Soccage by the yearly rent of two Indian arrows to be delivered at the said Castle on Easter Tuesday.
The place abounds with great Navigable Rivers, as Pattowmeck, Pattuxent, Anne Arundel, (by some called Severn) Patapsco River, Bolus, Sasquehannough River, Elk River, Choptanck, Nantacoke, or Bever River, Pokemoke, and divers others, in which are multitudes of convenient Ports, capable of great numbers of Ships of any burthen.
There is little Money, by reason Barter for Commodity is more profitable to the Merchant and Inhabitant. But generally all the dealing with the English one with another, is with Tobacco upon Accompt till the Crop.
They use generally the Weights and Measures of England, and without any Tret.
The Commodities of the Country for Trade to be Exported, are generally Tobacco, and Beaver, Otter, Martin, and several other Furs purchased from the Indians: but they are projucting to fall upon the making of Silk: and the Country naturally yields store of Mulberry-Trees to that end, and generally it hath all the Commodities that Virginia affords.
There are nine or ten Ships laden there yearly with Tobacco's for Europe.
Custom there is none, nor any Tax upon Commodities paid by the Subjects of England.
The abuses and defects are, if the Tobacco's be packed up too dry, or too wet, or not close pack'd, or that with good leaves be mixt ground-leaves or suckers. The way to discover them is, by knowledge of what is good and sound Tobacco, and good packing: a Hogs-head well packed will hold 400 weight, or thereabouts, or not less than 300.
Of Forein Commodities, the place vents whatsoever is needful for Clothing or Housholdstuff, Nails, and other Iron-ware for building, Wine and Hot-waters for the use of the English; the quantities, such as may be guessed at for the accommodation respectively of about four or five thousand Planters. And for the use of the Indians, a certain shagged course Dutch Cloth called Duffeilds, or an English Cloth called Hogbays, the colours of both which most vendible and in most esteem with the Indians, are bright red and dark blue.
Shipping pertaining to the Inhabitants there is none but small Vessels trading to and fro, to Virginia, or sometimes to New-England. There is no Prohibition of any Commodities to be Exported or Imported, and the Trade of the Plantation is free to all Subjects of England, and those only.
New-Netherland.There is a Dutch Plantation in the Latitude of 41 Degrees, in a River called by the English Hudson's River, by the Indians called Monahaton; and by the Dutch (who have intruded into that place, being within the New-England Patent) called New-Netherland; they have in this place divers Towns, New-Amsterdam, their chief Town Grave-Saint, Flushing, and Middleborrough; also Fort-Orania, situate 40 miles up Hudson's River.
Their Religion is like the Religion in Old-Amsterdam in Holland.
Their Government subjected to the Holland West-India Company.
They have usurped there a great Trade of Bever from the English Nation, notwithstanding the late King Charles in the year 1631. did declare to the States of Holland his discontents for such Intrusion, whereupon the States of Holland did disclaim the owning or countenancing of that Plantation, imputing it to the particular Acts of some private Merchants, and so left them to their own Protection, and to be ejected at the King's Pleasure.
They have also lately thrust the English out of a Plantation in Delaware Bay, called New-Haven, where they were seated within the bounds of Maryland, about the Degree of 40 North Latitude.
The Trade there with the Indians is like that of New-Amsterdam and Fort-Orania, for Bever-skins; And in all their said Plantations they seize the English and their Goods, if they take them Trading with the Indians for Bever-skins or other Furs.
The yearly Trade that these Dutch hold with the Natives, is at the least 60000 Bever-skins, and as many more of Otter and Elk-skins; besides Bear and Dear-skins. They Barter with the Natives for these Commodities, Axes, Hoes, and a shagged course Cloth called Duffeilds; the colours of the Cloth most esteemed by the Indians are bright red and dark blue; but the chief Commodity by which the Dutch engross and draw the said Trade from the neighbouring [Page 54] English Plantations, is Guns, Powder, Shot, and Rapier-blades, which Instruments of War have been twice fatal to themselves by two Massacres committed by the Indians upon them, with the help of those weapons, to the destruction of half their people at each time. And hath been also dangerous to the adjoyning Plantations of Maryland, Virgania, and New-England.
There are good Navigable Ports at New-Amsterdam, and New-Haven, and no worm to eat the Ships.
Though they permit none of the English Nation to Trade with the Indians, yet they permit them to Trade with themselves, exacting a great Custom at pleasure for all Goods Imported and Exported, as a Recognition enforced from all Merchants to their West-India Company, and is never less than 15 in the Hundred.
The most vendible Commodities to be brought them, are Guns, Powder and Shot, the abovementioned shagged Cloth called Duffeilds, and Brandy-wine, Linnen Cloth, Shoes, Stockings, and other necessaries for Clothing.
Their policy is to prohibit the Importation of Guns, Powder and Shot, so that all Foreiners are to beware how they come there with that Commodity; for the Stranger shall be sure to have it seized, without some close contrivance in the landing of it; but once landed, and on the shore, they are sold there in their common Shops.
There are in New-Amsterdam 1000 people, and amongst all their other Towns about 1000 more, men, women and children, by which it may be estimated what quantity of Clothing may be vended there
Corterialis 7.The seventh is Terra Corterialis; on the South whereof runs that famous River of Caneda, rising out of the Hill Hombuedo, running nine hundred miles, and found navigable for eight hundred thereof; this Countrey was discovered by Gaspar Corterialis a Portugal, in Anno 1500. and affords only some rich Skins and Furrs for Commodities and Merchandize. The chief Town thereof is Brest, Cabomarso, and others of little note.
Nurembega 8.The eighth is Nurembega, and the chief Town carrieth that name, in possession of the French; other things remarkable I find not observable therein.
Nova Francia 9.The ninth is Nova Francia, discovered by Jaques Cartier, a French-man, in Anno 1534. inhabited, besides the Natives, with some few French-men. The chief Towns are Canada, and next Sanguinai, seated both upon two Rivers so called, affording only some Skins and Furrs, especially Bevers, which thence by the French are transported into Europe.
Estotiland 10.The last and tenth is Estotiland, called by us New-found land; by the English discovered in Anno 1527. who imposed the names upon the Capes and Rivers which now they hold, where some have gone to plant, but the cold hath been found to be too extream for the English constitution; Fishing in the Newfoundland.but in the Summer season the Seas here are found to abound with Fish in such abundance, that a man may take in an hour's space a hundred great Fishes, which being opened, salted and dryed upon the Rocks and Braches are hence transported to all parts of Europe; and known in England by the name of New-land-fish; in French by the name of Morleux; in Italy, Bacalio; and in Spain, Abadeses: five hundred Sail great and small do from England yearly sail to this Coast, and to a place called the Bank, a sand of 15 in 20 fathom deep, thirty leagues off of this Coast; and these depart from our Coast about the end of February, and arriving there about the middle of April, unrigge their Ships, set up Booths and Cabanets on the shore in divers Creeks and Harbours, and there with fishing Provisions and Salt, begin their fishing in Shallops and Boats, continue it till September, and at this time do not only catch as many Fish as will lade their Ships, but also as many as will lade Vessels of great burthens, that in the Summer come hither from England and other parts, to buy up the same, and purposely to transport it for Spain, Italy, and other Countreys: and this fishing ended and the cold beginning, they leave their Stations and Booths, and repairing aboard their Ships, lade their Fish and rigging their Vessels, return to their native homes, where these Fishermen winter, and then become Husbandmen; so that their lives may be compared to the Otter, which is spent half on Land and half in Sea,
This Fishing is found to be wonderful beneficial to our Western parts of England, whose Inhabitants considing upon the constancy of the yearly fishing upon this Coast, it is usual with them to sell the said Fish either by tale or the hundred weight in England by Contract, before they either depart their homes, or before the said Fish be caught, at profitable rates; and when their Summer is once spent, and that the cold once approacheth, and that the Fish begin to leave the Coast, they return contented to their Families; where oftentimes in Winter they merrily spend, what thus in Summer they have painfully fished for.
Other notes of Trading, worthy observation, at my there-being, in my younger days, I observed not. The Weights and Coins of England passing there current among the English, and the price of Fish once generally cut at their fishing Stales, doth afterward in lieu of Coin, [Page 55]by way of Commutation, all that year pass current for all needful Commodities, and is esteemed as a valuable consideration amongst them from one man to another: And thus much for the Provinces and Cities of Mexicana.
CHAP. XIII. Of Peruana, and the Provinces thereof.
Peruana and the Provinces thereof. PERUANA contains the Southern part of America, and is tied to Mexicana by the Streight of Darien, being ten miles broad; some hold the Spaniards did once intend to cut this Streight through, and make it navigable, and thereby shorten the way to the South Sea, China Moluccos, but hitherto we hear not that the same is any way attempted; this Part doth comprehend by the computation of the Spaniards, whose relation in this vast Country I must follow, five distinct Provinces,
- 1 Castella Aurea.
- 2 Guiana.
- 3 Peru.
- 4 Brasilia.
- 5 Chile; of each briefly.
Castella Aurea. Castella Aurea, is the first, and was so termed by the Spaniards at its discovery, for the abundance of Gold found therein; besides which it is admirably stored, with Silver, Spices, and some Drugs; it is divided into four Provinces, which are first Castella del Oro, situated in the very Isthmus, and is not populous, by reason of unhealthfulness of the Air, proceeding from the many standing Pools found therein: the chief Cities are Nombre de Dios, Porta Bella.and now Porta Bella, the chief Port at which the Fleet unlade on the East, and Panama on the West-side thereof, both built by Didacus Niquesa the Discoverer; which since for their unhealthful situation, were removed by the King of Spain's Command, by Petro Aria, then Viceroy; through which two Towns cometh all the rich Traffique that is betwixt Spain and Peru; Panama.for whatsoever Commodity comes out of Peru, is unladen at Panama, carried by Land to Porta Bella, and thence shipped for Spain; and what Commodity cometh from Spain is landed at Porta Bella, and is carried by land to Panama, and so laden for Peru.
The Islands of Cape Verd.They are so called, being situated against Cape Verd in the Land of Negroes, and are 10 in number, viz. 1. St. Antonio, 2. St. Vincent, 3. The Isle of Salt, 4. Boa vesta, 5. Maio, 6. J. D. Fogo, so named from the frequent flashing of fire. 7. St. Lucia. 8. St. Nicholas, 9: Brane, 10. St. Jago; they were discovered in the year 1440. by a Genoese for the Portugals, lying all between 13 and 18 Degrees North-Latitude, and about the first Degree of Longitude, at present only three of them inhabited by the Portugals, and they but of little concernment to our business of Trade; St. Jago being the most considerable, though not the biggest, being not above six or seven miles long, lying in 15 Degrees Latitude: it had once a fair Town called Riblera, but sackt and burnt by Sir Francis Drake, Anno 1585. and afterwards in Anno 1596. by Sir Anthony Sherley it run the same fate; it is at present pretty well Inhabited and hath a convenient Harbour called the Pry, secured by a Castle, where Ships may ride (with its leave) in safety: they have some quantity of Sugar, Sweet-meats, and Coco-nuts, being their chief Commodities, which they exchange for such Commodities as they want for Cloathing, as Cloth, Stuffs of several sorts, Linnens, Hats, and the like. They have very large and good Cattel, which they sell at easy rates, about 25 s. aplece; also Horses of excellent shape and metal, but they are Contrabando Goods, and not to be dealt in without leave from the Governour, under no less penalty than forfeiture of Ship and Goods, if he get you in his Command; but by Graruities and a particular Trade with him, small numbers are sometimes admitted to be carried from thence.
Ocknam's brave attempt.If I should silently pass over the attempt of one John Ocknam, a follower of Sir Francis Drake, in his Worlds Incompassment in this place, I should much wrong the honour due to so much worth: This Man, as Mr. Hackluit hath it, with 70 Companions in a Creek a little above these Towns, drew on shore his Bark, covered the same with boughs and leaves, and so leaving it marched over with his Company, guided by some Negroes, until he came to a River which ran into the South-Sea, which by relation and Mercator's Maps, may be Tomobonda, or the Creek of Ventura, where he cut down Timber, built him a Frigat, entred the South-Seas, went to the Isle of Pearls, lay there 10 days, and there inteicepted in two Spanish Ships 60000 pound weight of Gold, and 200000 pound weight of Silver in Ingots, with divers other rich Commodities; and after that returned safely again to the Main Land, where rowing up the same Stream where his Frigat was built, [Page 56]he was discovered by some feathers pluckt from certain Fowl they had kill'd for their Provision, which swam upon the River down the Current; and though by this means he was taken and returned not into his Countrey, nor yet his hidden Vessel; yet it is an Adventure that deserves a Remembrance from all such as are Lovers of their Countreys Honour, and it is held in admiration by the Spanish Writers that have made mention thereof.
Andalusia Nova. Andalusia Nova is the second; the chief Cities are Santa Margarita, and Santa Sperita.
Nova Granada. Nova Granada is the third; the chief City is Jungia, a pleasant and strong Town directly seated under the Aequator; the next is St. Foy, an Archbishops See, and a Court of Justice.
Cartagena. Cartagena is the fourth, accounted a fruitful Soil: but therein is found a Tree, that whosoever toucheth doth hardly escape poysoning: the chief City is Cartagena; which our Country-man Sir Frances Drake in Anno 1585 surprized; where besides inestimable sums of Moneys, he took with him from hence 240 pieces of Ordnance.
Guiana, second Province. Guiana is the second Province, directly situated under the Equinoctial Line, and is the fruitfullest part of Peruana: The Inhabitants in Winter-time dwelling in Trees, for fear of Inundations, on which they built many pretty Villages and artificial Mansions: it is watered with two goodly Rivers; the one hath the name of Orinoque or rather Raliana, borrowing the same from Sir Walter Rawleigh, who first of all to any purpose, made a plenary Survey of this Countrey, with the Commodities and situation thereof in An. 1595. and found this River navigable for great Ships of burthen 1000 miles, and for Boats and Pinnaces 2000 miles. The other River is called Orellana, or the Amazons, discovered 1543. the which is found navigable 6000 miles, and 200 miles broad at the entrance into the Sea.
Manoa, the golden City.The chief City of this Country (and if Spanish Writers may herein be believed, the chiefest City of the World) is here found and called Manoa, or as Diego Ordas the Discoverer called it, el Dorado, or the golden, from the abundance of Gold, both in Coin, Plate, Armour, and other Furniture, which he there saw. This Discoverer or Traveller, (for by that name the truth of his wondrous Relation may be the better considered) is said to have entred into the City at Noon, and to have travelled all that day, and the next also until night, through the Streets hereof, before he came to the Kings Palace, which peradventure was the policy of those people; as I have seen it to be in Constantinople in Anno 1621. when as the Duke of Avarascah coming with a great Train in Embassie from the King of Poland to Sultan Osman, the then Great Turk, after his unfortunate Expedition to Poland, caused him and his whole Train to be led a whole afternoon through the most eminent Streets of that City, when he first entred the same, and so to his appointed Lodging, whereas an hours easie walk to him that bad known the direct way, would easily have served the turn; perchance imagining this a fit way to demonstrate to the Embassadour the beauty and vastness of that City, together with his own Greatness in ostentation, and to recover that Honour and Repute which he had a little before lost by the Insolencie and Cowardise of his Souldiers in his said Expedition thither.
Peru the third Province.The third Province is Peru, which above all others in America, abounds in Gold and Silver, the Mine whereof in divers places is better stored with Metals than with Earth: the chief City whereof is St. Michael, the first Colony the Spaniards placed there, and fortified by Piscaro a famous Spanish Captain, who subdued the Countrey, took the King thereof prisoner, and had for a ransom for his Liberty and Life, a house piled up on all sides with refined Gold and Silver, in estimation about ten millions; which when he had received, most perfidiously contrary to his Oath and Promise slew him: by which appears the wonderful Riches of this Countrey. Besides which the Soil is luxuriant in all manner of Grain, fortunate in the Civility of her Inhabitants, frequency of Cities, and salubrity of Air; and abundantly stored with that Herb Tobacco, from hence brought first into England by Sir Francis Drake's Marriners, in Anno 1585. R [...]la Pl [...]ta.In this Countrey is also now found that famous River called of Plate, being 150 Miles broad at the Embesheur, and above 2000 Miles long: and on this Stream is found certain Fig-trees; the part towards the River bearing Fruit in Winter, and the other part thereof towards the Land bearing fruit in Summer.
Brasilia, the 4 Province. Brasilia is the fourth, affording a Soil fat by nature and always flourishing, yielding great store of Sugars, and wonderful rich in Mines, and hence our Red-wood which is here used by Dyers called Brazile doth come: the Trees whereof are found of that bigness, that whole Families live in an arm of one of them, every Tree being as populous as many of our Country-Villages, which is the reason that few Cities are found in this Countrey, yet along the Sea coast some Cities are of late built by the Spaniards, and by them fortified, where the Dutch have lately got some footing, and taken Todos los Santos, and thence marched to Fernand-Buck, whence that Wood comes so well known to Dyers by that name, where report saith, they are now settled, and daily get ground in that Continent.
[Page 57] Chilo the 5th Province.The fifth is Chilo, taking its name, as some would have it, from the exceeding cold there found, so that the Rivers are here observed to run in the day, but by night to stand still, or at leastwise to move very slowly: this Country boasteth of 5 or 6 Towns inhabited by Spaniards, the Town called the Imperial, being a Colony of the Spaniards, is found to be the principal.
This Country bordereth upon the Straights of Magellan, through which Sir Francis Drake passed in his Worlds Incompassment; many of the Ports and Bays herein, owing him that honour due to this Adventure, for the Names they now are known by: which Voyage finished by him in 2 years and half, as the Relation of Diego Nunio his Pilot testifieth, made profit to himself and Merchants of London his Partners and fellow Adventurers, according to an account made up at his return, all Charges paid and discharged, which I have seen subscribed under his own hand, 47 l. for one pound; so that he who adventur'd with him in this Voyage 100 l. had 4700 l for the same; by which may be gathered the benefit that redounded thereby, though accompanied with many rubs, delays, and dangers. Having thus run over the main Continent of this World's Division, let us see what Islands of note belong thereunto.
Isles of Solomon.First, in the South Seas are found the Islands of Solomon, 18 in number, and imagined by the Discoverer, in An. 1567. to be the Land of Ophir, to which Solomon sent for his Gold; but in this he was deceived: the next are the Islands of Thieves, of no account, therefore I pass over them, and in the next place peruse the Islands in the Virginian Ocean; Margarita.the first worthy of mention is Margarita, deficient both in Corn, Grass, Trees, and Water; yet the abundance of precious Stones here found makes some amends for these defects, from whence the name of Margarita is imposed on it.
Trinidado.The next is Trinidado, discovered by Columbus in An. 1497. being famoused for the best Tobacco, which by some Nations carrieth the name of this Island.
Bacaloes.The next are the Isles of Bacaloes, lying against the influx of Caneda, and owe the first discovery to Sebastian Cabot, 1447. by some termed Terra Nova, well known for the great quantity of Fish taken on this Coast, as I have noted in the passage of that part of America.
Beriquen.The next is the Island of Beriquen, the North part affording plenty of Gold, and the South part of Vital Provisions; the Cities here are St. John's, built and inhabited by the Spaniards 1527. and Porto Rico, ruin'd by Henry Earl of Cumberland 1597. and whose Walls were then first mounted by my deceased Uncle Captain Tho. Roberts, to whose worth and valour I owe here this remembrance.
JamaicaThe next is Jamaica, once very populous, insomuch that the Spaniards here slew 60000 living Souls, and the women beholding their cruelty, did kill their Children before they had given them life, that the issues of their bodies might not serve so cruel a Nation. The Towns of note are Crestana and Sevil, acknowledging Columbus for its first discoverer.
Cuba.The next is Cuba, made known by Columbus his second Navigation, it aboundeth with Ginger, Cassia, Mastick, Aloes, Cinnamon, Sugar; the Earth producing Brass of excellent perfection, but the Gold somewhat drossie: here is the famous Road Havana, a staple of Indian and Spanish Merchandize, and where the King of Spain's Navy rideth till the time of the year, and the convenience of the wind join together to wast them homeward.
Luca.The next is the Lucay Islands, 400 in number, who glory in the matchless beauty of their Women, and mourn for the loss of a million of the Inhabitants murdered by the blood thirsty Spaniards at their first discovery thereof.
Hispaniola. Hispaniola is the next, now lamenting the loss of three millions of her Inhabitants, butchered by her new Spanish Masters, enjoying a temperate Air, a fertile Soil, rich Mines, Amber and Sugars; it excelleth all other the Islands of the Seas, especially in three Prerogatives: First, in the fineness of the Gold, which is here digged more pure and unmixed; Secondly, in the increase of the Sugar-Cane, which here is found oftentimes in one Cane to fill up twenty, and sometimes thirty measures of Liquor; Thirdly, in the goodness of the Soil for Tillage, the Corn here yielding an hundred-fold; and in sixteen days, Herbs and Roots are found to ripen, and to be fit for meat: This fertility is ascribed to four Rivers running East, West, North, and South, and all four springing from one Mountain standing in the very Center of this Islands, the Chief Town here is St. Dominico, ransackt by Sir Francis Drake, 1585. Barbados. Barmudos.Besides which Islands inhabited by the Spaniards, there are belonging to this division of the World, some that are inhabited by the English, as the Barbados, Barmudos, and others, in which certain Colonies of English have planted themselves, which is found agreeable with the English Constitution, and being well fortified and peopled, may in time prove main instruments of sharing with the Spaniards in his American Dominions. And thus briefly stands the present state of this newfound Climate, least acquainted to our Nation, and only subject to the will and power of the Spanish Sceptar, who challengeth the Sovereignty and Rule of this vast Country, the Trade whereof is only permitted to his Subjects, and debarred from all others; save what is [Page 58]obtained by force or strength, and purchased by Colonies planted where the Spaniard is neitheir known nor seated.
Barbados.The Island of Barbados containeth in length about 28 miles English, and 14 in breadth, the which being measured is found 126000 Acres, lying South-East and North-West, and is naturally fortified with Rocks and Sholes on the North and East-side, where no Ships may anchor nor come in, only in two or three places; small Boats may go out and in to fish, or the like. But for the South-East and Westerly part of it, it is all along a Road, where Ships may Anchor and Ride; but more especially, and with greater safety in four chief places, or Bays thereof.
The principal Road or Bay is called Carlile Bay, and lies near South-West of the Island, near the middle of it, and is a good Road for shipping, where 500 Ships of any Burthen may safely Anchor from all but South and Westerly winds, which very seldom in these parts happen; for the wind here generally blows from East Northerly and Southerly. Wherefore it is, that we call the East-part of the Island, the Windward, and the West-part the Leeward. Here lies also the chief Town for Trade, formerly called the Bridge, but now St. Michael's; and hath two Forts and a Platform between them, answering each to the other, for the preservation and defence of the said Town, and command of the Road.
The first and chiefest Fort is called Charles Fort, standing on Needham's Point, and lies out in the Sea, and to Windward of the Bay and Town; so that an Enemy keeping out of command of this Fort, cannot probably come in to do the shipping or Town any Injury; for that they must come full in or against the Wind. This Fort is built strong with Stone and Lime, and hath 17 great Guns, and capable of more, being sufficiently garrison'd and commanded by a Captain.
The Platform joins to the Windward part of the Town, and is capable of 15 great Guns; and the other Fort lies and joins to the Leeward part of the Town, the which is capable of 25 great Guns.
The Town consists of several Streets and Lanes, being about 30 Chains in length, and 15 in breadth; and hath many fair and large Buildings, most of them are boarded on the outside; some of them Plaister'd, and many the fairest and best are built with Stone, and with Brick.
The second Road and Town is lately called Charles Town, situate on Oysten's Bay, and lies about two Leagues to the Windward of St. Michael's; and hath also two Forts, and one Platform; the two Forts stand to Windward and Leeward of the Town and Road, and the Platform in the middle: And although this Town be not a place of much resort for shipping, yet are there many considerable Store-houses for Trade.
The third Road and Town is lately called St. James, but formerly the Holl, and is about two leagues to Leeward of St. Michael's; hath only one Platform, being otherwise well fortified with Brest-works. And although few Ships come to Ride here, yet in this Town is maintained a great Trade with the Inhabitants adjacent.
The fourth Road and Town was lately called Spieght's Bay, but now Little Bristol, which lies about four leagues to Leeward of St. Michael's, and hath two Forts. To this place come many Ships, especially from the City of Bristol, which here Ride, and Unload and Reload, and is the second and next greatest place of Trade to St. Michael's in the whole Island.
There are several other Islands which lie to the Leeward of this, known in general by the Crely Islands. They have also their particular Names, &c. with which their Latitude and Longitude may be seen in the Map. Some whereof are inhabited by the English, as Mevis, Monserat, Antegua, and St. Christopher's, and others by the Dutch and French, and some others of them by the Native Crely Indians.
The main Land (or Terra firma) next to these Islands is called Guiana, and lies Southerly about 100 leagues from hence. On which Continent the English have a Colony planted within the River Serenam.
This Island is divided into 11 Parishes, and hath 14 Churches and Chapels, and is subdivided into divers Plantations, some small, and others great; where are many fair and large Buildings made of Stone, and others boarded and plaistered, the which generally are pleasant Habitations, and delightfully situated; some having Prospects into the Sea, and others on the Land.
The Inhabitants of this Island are English, Scotch, and Irish, and some few of the Dutch and French Nation, who formerly lived here a time of servitude, and now dwell as Freemen, some by their Trade, and others on Plantations; and some few Jews live here and trade also as Merchants, they having obtained Licence from the King so to do. Besides Mallatoes and Negroes, which are here kept and accounted for slaves; the number of which (some few years since, upon search were found to be 60000 Persons, viz.) 40000 Whites, and 20000 Blacks.
[Page 59]The standing Militia of this Island that are always ready on all occasions to meet together, and which at other times are often, and well disciplined, consists of two Regiments of Horse, and five Regiments of Foot, wherein several Companies have near 200 in a Company, and more than 100 Horse in a Troop.
The Government is not contrary, but agreeable to the Laws of England; only some particular Laws are made proper for this place by the Governour (or Deputy) and his Council; which usually are seven in number, and an Assembly that consists of 22 persons, chosen by the Free holders, two out of every Parish.
The Religion outwardly professed, or that which hath the greatest shew or appearance, is the Protestant Religion, yet without the exercise of any coercive Power upon the Conscience; for here is neither Bishops Court, nor Power given to Priest or Prelate, whereby they may exercise authority over the Consciences of others, though different in Opinion: So that the Jews, and others of different Judgments (they yielding obedience to the Civil Laws) are protected, and live peaceably and quietly in this place.
Concerning Coins, all sorts of Moneys of Gold and Silver do pass here, but none coined. The value of foreign Coins appear as followeth.
- The Spanish Pistol at twenty shillings Sterling.
- The Double Pistol at forty shillings Sterling, and the lesser proportionable.
- The Pieces of Eight at six shillings, the half and quarter proportionable.
- A Dutch Rider of Gold at eight and twenty shillings Sterling, the half proportionable.
- The Rix-Dollar at six shilling Sterling.
- A Cross Dollar at five shillings nine pence.
- A Duccatoon of Flanders at seven shillings Sterling, the half and quarter proportionable.
- A French Pistol of Gold at twenty shillings Sterling, the half proportionable.
- A French Crown of Gold at ten shillings Sterling.
- A French Lewis of Silver at six shillings Sterling, the half and quarter proportionable.
- A quarter Descue two shillings, the half one shilling.
- The Portugal Crusado of four hundred Rees at five shillings Sterling, the half and quarter proportionable.
- The Old Testoon at one shilling six pence Sterling.
- The Shilling, Six-pence, and Three-pence of New-England Coin, to pass here at that value.
Provided, the said several Coins have their just due and weight, pureness, allay, and fineness.
But that which is most used in Payments are Pieces of Eight of Peru, which are as current, and go at the same value, as Sevil, or Mexico, which will produce this bad effect. That Money Sterling, and Coins of the better sorts will not be imported; and these sorts which are already here, will either be horded up, or transported, and that because the base Money of Peru is here held in equal value with Mexico, &c. whose real value is from 4 s. 4 d. to 4 s. 8 d. and the Peru from 2 s. 6 d. to 3 s.
Concerning Accompts, they are kept in Muscovado Sugar, according to which all the other Countrey Commodities are regulated.
Concerning Interest, ten in the Hundred is accounted reasonable; but no Law being made, they take from 10 to 30 per cent. and some more.
Concerning Weights and Measures, they are according to the Standard of England, and only differ in that they buy and sell by the single 100 l. instead of the 112. And the measure for all sorts of Commodities, Linnen and Woollen, is the Yard; only in Salt they allow 84 pound to the Bushel, and for all sorts of Grain 56 pound to the Bushel.
The growth of this Island and parts adjacent, as for Trade, is, Sugar, Ginger, Indico, Cotton-Wooll; also Tobacco, Logwood, Fustick, and Lignum vitae: but of these four last no quantity now to be had here; but in the Leeward Islands greater store. For the first four, every one makes as they please; that is to say, few so good as they might, (especially if intended to pay away) here being no Law of compulsion in the case. In some places of this Island Sugars will require five weeks to Cure in, and in other places near the Sea, three weeks the soonest; but some will make payment of it in three or four days Curing, &c. which if refused by the Merchant, he may stay one year's time the longer, besides the Charges of a Sute in Law e're he get it. This cannot well be remedied, because the Laws are made by Freeholders which are Planters, no Merchant being capable of being chose into the Assembly unless he have to Acres of Land, &c.
The first four mentioned Commodities receive prejudice in their product by abundance of Rain or Drought, when more than usual happen in their proper Seasons. Also violent [Page 60]winds lodge the Sugar-Canes, whereby the quantity is lessened, and the goodness abated.
The chief season for Exportation is from January to September, or October, when comes in the wet season, that makes the ways not Cartable, &c. and usually puts an end both of making and transporting.
Wines of all sorts are here imported and vended, but of French and Portugal the greatest quantities, viz. of Madera Wines come in about 1300 Tuns yearly, of Spanish about 300 Tuns, and of French Wines about 700 Tuns per annum, besides Brandies and English Spirits; but of these now few quantities Imported, by reason of the general use and virtue of the Spirit of Sugar-Canes called Rum, which by the meaner fort, as servants and slaves, is not only drunk in great abundance, but also much thereof is hence transported to Virginia, Barmudos, and New-England, &c.
Salted Meats, as Beef, Pork, Fish, &c. from Ireland, New-England, Virginia, Barmudos, Newfound-Land, &c. Also Pease, Flower, Butter, Cheese, and Bisquet. Likewise Timber, Board, Pipe and Hogshead Staves, &c. Also Negro-slaves from Guinny, and live Cattel, as Bulls, Cows, Astenegoes, and Horses from the Cape de Verde Islands, New-England, &c. And from England Servants, and all other Commodities fit for Plantations, and for Apparel, &c. of all which, great quantities are hither brought and sold.
Concerning Drapery, that is here chiefly in use and vendible, which is in England, and althô by reason of a constant temperate warmth, Stuffs in great quantities are made use of, yet sine Broad Cloth is much worn here, and in good request. And for Linnens, &c. all sorts are here worn, as in England, but more especially of the finest. Together with Shoes, Stockings, Hats, and all other manner of Apparel, is here used as in England.
Coppers and Stills for boiling of Sugar, and making of Rum, with all other Necessaries belonging to Plantations, to Sugar-works, and Windmills; as all kind of Iron-work and Brass is here vendible; also Fire-stones to set Coppers with, and New-Castle Coals for Smiths, &c.
Here is no Excise nor Custom payable on any Commodities imported or exported, save only on Liquors, as Wines and Brandy, Beer and Cider; Spanish and Portugal Wines at present pay for Excise 270 pounds of Muscovado Sugar per Tun, and French 200 pound, Brandy 3 pound of Sugar per Gallon, Beer 54 pound per Tun, and Cider the like. And this Duty is sometimes more, and sometimes less; and all Ships which come to Trade here, pay half a pound of Powder for each Tun entred at.
Factorage, or Factory Provision, is 10 per cent. 5 per cent. for Sails, and 5 for Returns, together with 3 per cent. for Store-house room; this is the ordinary rate; but some agree to have their business done cheaper.
No Prohibition for Exportation or Importation of any Commodity, only the Governour's consent is to be asked, if any will export Provisions, as Corn, &c. that is the growth of the Island.
The shipping which comes and trades to this Island, belongs generally to England, some few small Vessels belong to this place, and pass to and fro here, and to the Leeward Islands, and some belongs to New-England, Barmudos, &c. The number of Vessels which come hither to Trade in one whole year (namely in 1660.) is found to be 201 Ships of all sorts, as Ketches, Sloops, Barques, &c. and contain in burthen 15505 Tuns, according as they are here entred, which is at the least three pound less than their true burthen. Great part of which Ships reload for England, and many go for New-England, Barmudos, Virginia, Guinny, and other places almost empty, and with but little of this Country Growth.
No other fishing then for present spending, such fresh fish is taken round the Island, of divers sorts great quantities.
The usual fraight, or Rate for Tunnage from hence for London, is about 4 and 5 l. per Tun; sometimes when Ships are plentiful, at 3 l. and when scarce, at 6 and 7 l. the Tun.
No publick Office of Assurance, and seldom any private Contracts.
Seldom any Exchange from hence to any other place, sometimes Sugar is here received, and Bills given for England for Money.
Cracas. Cracas lieth 4 Leagues from the Sea-side, is pleasantly situated, and inhabited by at least 250 Families, beautified with a fair Church, three Convents, two of Friers, one of Mersedes, the other of Dominicans, and one of Conception Nuns; an Hospital and a Chappel dedicated to St. Maurice; the Town accommodated with a fresh River, whose Original is not above a furlong distant, which is divided into two little Rivulets entring the Town, and there so subdivided, that scarce a house but is supplied with a branch thereof.
The Inhabitants are some Gentlemen and Merchants, but for the most part such as live upon their Cattel, or rather upon their Hides; and their Plantations of Caquo, which of late years are grown very considerable; the passage to this place from the Port or Sea-side is very difficult, [Page 61]by reason of the many steep Rocks (some as high as St. Paul's-Steeple London,) and narrow passages, where but one Horse can go at a time, and often in great danger of tumbling from those narrow passages down the steep descent, which often proves the loss of those that travel that way.
The Port belonging to this place is open, lying to the Northward, where Ships may ride in 14. fathom water, within call of the shore, secured by two little Forts, in both are 14 or 15 Guns, two of Brass, the rest of Iron, and constantly guarded by 16 Souldiers apiece, who are paid by the King of Spain, besides the Inhabitants adjacent, which are about sixty Families, are ready in Arms upon beat of Drum to secure the place, which are usually alarm'd upon the approach of any Ship, Within half a mile of this Port are several Plantations of Coquo, some belonging to the Indians, but most to the Spaniards their Masters, for whom they work three days in the week, and the rest of the time for themselves.
Moneys.The Moneys is the Piece [...], and parts thereof.
Weight.Their weights is the Livre or Pound, which is divided into 16 ounces, of which Livre they make the Rove containing 25 Livres, 4 Roves makes a Kintal, one Kintal is 106 pound Averdupoise.
Measures.Their long Measure for all Commodities is the Vara, which is two per cent. bigger than that of Sevil in Spain, 104 of these Varas make 100 Yards in London. The Measure for liquid Commodities is the Quartilia, containing one and a half of that of Sevil, called the old Quartilia, and is about the Winchester Quart. The measure for Corn, Salt, &c. is the Hanake, bigger than that of Sevil, as 100 to 170.
The Commodities for Exportation.The Commodities here for Merchandize are first Neat Hides dried, sent from hence at least 30000 Hides yearly, esteemed the largest and best in all the West-Indies, brought hither on Mules from the adjacenr Countreys within 150 miles distant; are sold here by the Hide, of which are threesorts, Bull Hides, being the largest and best, sold from 14 to 20 Ryals the Hide; Oxe Hides sold at 2 Ryals less, Cow Hides never sold for above 8 Ryals a piece: All sorts of these Hides are sold very cheap up in the Countrey, in many places not above 4 Ryals the Hide. Tallow shipt 1000 Roves yearly; they kill their Cattel for the skin and Tallow, and the fat between the skin and the flesh, of which they make a kind of Oyl or Butter, which serve them instead of Butter for many uses, as frying fish, &c. the flesh of the Beast (being of no value) is left for the Fowls of the Air and wild Beasts to feed on. The next Commodity here in plenty is Coquo, sent hence in seed, between 12 and sixteen thousand Hanakes yearly; sold here sometimes by measure, and other while by weight, 110 pound going to the Hanake, sold from 10 to 1 [...] pieces of Eight the Hanake. The manner of planting Coquo is as we plant Fruit-trees, which bear in four years after planted; comes to be as large as our Apple-trees, and last as long; bears fruit all the year, is commonly gathered after every full Moon, but in greatest plenty in June, July, August, and January: The Coquo groweth in a Cod, about the bigness of an Indifferent Cucumber, in which is contained from 14 to 20 seeds of Coquo about the bigness of an ordinary Bean. Here is transported of Tobacco 500 Potaco's yearly (the Potaco is 100 Pound) called Governation Tobacco, because growing within the Government of this place; sold for here about six pieces of Eight the Rove. Goat-skins 3 or 4000 yearly; Sarsaparilla, Wheat, Sugar, Indico, of which great quantities have and might be made, but at present neglected; for that of late years they find a greater benefit by their planting of Coquo.
Commodities Imported.The Commodities they stand in need of from other Nations, are all sorts of Clothing, Wines, Strong-Waters, Oyl, Almonds, Raisins of the Sun, Olives, Capers, Estamenia's (a kind of Serge) of Ampudia and Toledo; Silk Stockings, Ribonds, Raxa's, a kind of Cloth of Castile; of English Commodities, Serges, all kinds of Norwich Stuffs; all sorts of Stockings; and indeed no Stuffs in England wearable but are here saleable; also Saffron, Copperas, Allom, Brimstone, all kinds of French and Holland Linnen; all kinds of Silks.
Customs.The Custom is 1 Ryal upon a Hide, 4 Ryals upon a Hanake of Coquo: for all Tobacco registred 12 Ryals upon the Potaco, but usually compounded for with the Governour for half, and other Commodities of smaller value they compound with the Governour, as well such as are Transported as Imported, excepting such as are Registred, and then at the will of the Customer.
Their Trade.They prohibit Trade with all Nations but their own, upon the penalty of being Traytors, and loss of Goods, yet the Dutch of late years do put in here, under pretence of wanting Provisions, and to water, which together with Bribes procure a Trade with them. This place hath no shipping of their own, but visited from the Havana, Cartagena, and St. Domingo, with about six Ships yearly, and many from Spain, which are loaden hence with the Commodities of this place, and in lieu thereof supply them with the Commodities of their own and Foreign Nations.
The Trade of America by the Spaniards.To give here a small touch of the traffick of this new World, is the principal scope of my intention, but being shut up from the eyes of all Strangers, we must be content till time produce it more apparently to live in ignorance: true it is, that the Countrey abounding in Mines of [Page 62]Silver and Gold, and the soil rich in bringing forth all Fruits, that from Spain have been hither transplanted adds every day an increase to their present Traffick: the special matter here sought out for is Gold and Silver, the Loadstone that attracts all Merchants to adventure hither: and in their Mines the Inhabitants are set continually to work, living poorly, and undergoing thus the punishment of their ignorance and pusillanimity, in suffering themselves to be so easily overcome, and so basely subjected; out of which Mines the King hath the ⅓ part of all extracted, which in the Emperour Charles the Fifth's time amounted but to five hundred thousand Crowns of Gold yearly; but since, it hath been found that the Kings of Spain have had thence sometimes ten, sometimes fifteen, and sometimes seventeen millions of Gold yearly. The Merchants carry thither Spanish Wines, Woollen and Linnen-Cloth, and other Merchandizes of Europe, and (if report may gain credit) do make returns thence above one hundred profit for another, in Spices, Sugars, some Drugs, and in Gold and Silver Ingots in great abundance, as well for the accounts of private Machants, as for the account of the King himself, so that it doth appear in the Records kept in the Custom-house of Sevil, that in these seventy-four years last past, there hath come from this India into Spain two hundred and sixty millions of Gold, which hath been the mover of all those Broils and Wars that have been set afoot in Europe by the Kings of Spain, it being affirmed without contradiction, that by means thereof, Philip the Second during his reign did spend more than all his Predecessors, being in number sixty-two, that have reigned before him in this Kingdom before they shook off the Roman yoke; for he alone spent more than an hundred millions that came out of this India.
This Country also giveth employment to many Ships of great burthen, to carry their Sugars, Ginger, Cottons, Fernandbuck, and such other Commodities that are here found daily to increase by the industry of the Spaniards, which by good Government may come in time to a great heighth, and had not the Sword of these Blood-suckers ended so many millions of Lives in so short a time, Trade might have seen a greater harvest, and a more profitable crop by their industry and labour.
It will not be further useful for me to insist upon other particulars of Traffick in this Continent in matter of Coins, of Weights and Measures; for in all these they follow the Rules observed in Sevil, where the Rendezvous of those Ships are made, that go and come into these parts; and so leaving this new discovered Division of the World, I will cross the Main Ocean, and with a somewhat better Survey, I will observe the needful Occurrents of Trade in AFRICA, my Second Part of this Model, and of the World.
OF AFRICA, AND THE Provinces and Cities of Trade THEREOF.
CHAP. XIV.
Africa, and the Provinces thereof. AFRICA I make to be my second Division of the World, which is found to be a Peninsula, almost incompassed round, having the Red Sea on the East, the Atlantique Ocean on the West, the Southern Ocean on the South, and the Mediterranean on the North; and where the Sea is defective, to make it a compleat Island, there is a little Isthmus of 20 leagues that tieth it to Asia, which sundry Princes in former ages intended to trench through, to have the benefit of both those Seas united, but have desisted, as finding the Sea in the Red Sea Gulph to be higher than the Land of Aegypt, by nature all flat, level, and plain, and so might thereby overflow and drown all Aegypt.
Divided into eight parts. Africa is at this day usually divided into eight parts, which are,
- 1. Barbary.
- 2. Numidia.
- 3. Lybia.
- 4. Negrita.
- 5. Aethiopia Interior.
- 6. Aethiopia Exterior.
- 7. Aegypt, and
- 8. The Islands thereof.
Barbary 1.And first, Barbary is now divided into four Kingdoms, which are, first, Tunis; second, Argier; third, Fesse; and fourth, Morocco; the Commodities these Countries send abroad, I shall speak of when I come to these particular places.
CHAP. XV. Of TUNIS, and the Trade thereof.
Description of Tunis.THE Kingdom of Tunis contains sundry Cities of Trade, viz. Bona, Biserta, Tripolis, Africa, and (which is the principal) the City of Tunis it self: Which is situate near unto a Lake, some seven miles in length (and not much less in breadth) extending almost to the Castles of Goletta, whereby this Port (commonly called the Port of Goletta) is strongly guarded, being about eight miles distant from this City. Near unto which was seated that famous City of Carthage, who contended with Rome for the Mastery of the World, and challenged the priority in Africa, as Queen and Supreme Lady thereof; not only seen in here Ruines, and known by her vast extent; And from whose ashes sprung up Tunis, which is almost 4 English miles in circuit within the Walls, and with the Suburbs will make in compass about 7 miles: The Streets being generally very narrow, it is exceeding populous; as appear'd by that terrible devastation in the year 1643, and part of 44, wherein there died of the Plague in the space of about 15 months (if Vox Populi may be credited) no less than one hundred thousand persons: [Page 64]And yet so great a multitude in a year or two after were scarcely missed: The natives are for the greater part Moors and Andaluzes (which are of the Race of those Moors, which by thousands were banished from Spain) who profess the Mahometan Religion.
Government.The great Turk is acknowledged for their Protector, who every three years, and sometimes oftner, do send hither a Bashaw, who representing his person, is as it were a Vice-Roy sent by him to recover in his Tribute from the Moors of this Countrey, and to pay off his Janizaries, which are about 400 in number: And these keep in subjection the whole City and some adjacent Towns; the Government chiefly appertaining to the Dey (or Captain General, for so the word doth import) who is chosen by the Turks: There is also a Duan, or Council of State, who consult about the affairs of the whole Kingdom, yet have not absolute power to determine of any thing, without the consent and approbation of the Dey, who rules them as he pleases.
Buildings.Their Houses (being built of Stone) are for the most part made after a square form, and flat at the top, there being a Court-Yard in the midst, for the conveying of light into the adjacent rooms; Some few of their Houses are magnificent; and their Churches generally, th [...] small, are superficially beautiful: which are held to be so sacred, that none that are not Musselman (that is, true Believers according to the Mahometan account) are permitted to set foot therein; if they do, there is no remedy, but they must either turn from, or burn for their Religion.
This Kingdom is much bettered and inriched by the labour of the Andaluzes, who have here built many Cities and Temples according to their superstitious use, planted Vines, Oranges, Limons, Figs, Dates, Almonds and Olives; and thereby have much peopled and prosited the whole Countrey.
Port.The Port is found to be very safe and secure (excepting only when a [...] wind blows hard, which makes a great Sea) and withal so large, that many hundred Sail may ride at Anchor; the ground likewise being very good.
Coins.The Coins passable here are of three kinds of metal, viz. Gold, Silver and Copper. Those of Gold are usually but of three sorts, namely the Sultany, which commonly passeth at 90 Aspers, (52 whereof go to a Spanish Dollar or Ryal of [...]) the Venice Chickeen at 2 Ryals of [...] of Spain; and the Spanish Pistolet at 3¼ Ryals of [...]. But these Gold Coins do vary much in their value according to mens necessities, and the plenty and scarcity thereof. Sultanies have passed sometimes at 100 Aspers apiece for a long while together: Likewise the Spanish Pistolet hath been at 3½ and the Venice Chickeen at 2¼ Ryals of 8/ [...]. The reason why these do often rise so high, is principally the Mahometans going to Mecha, (to visit the Sepulchre of their false Prophet) who for their light carriage are very inquisitive after Gold: But they chiefly desire Sultanies, which in divers places go current for 2 Ryals of [...] a piece: Sometimes also they enquire after Spanish Pistolets, but seldom or never after Venice Chickeens, for they are not passable in those parts: Yet this last sort is much made use of for guilding, the old ones being accounted the best.
The Silver Coins are of two sorts, viz. the Spanish Ryal of 8/ [...], and the Asper of this place; which latter notwithstanding hath some mixture of Brass in it; and of late years they have been so falsified by the Jews, that at present they are called in, which cannot but occasion a great detriment to many.
Accounts.Their Accounts are commonly kept in Dollars (or Ryals of [...]) and Aspers.
Exportation of Money.Exportation of Money is sometimes limited ( viz. such a quantity at a shipping as the Dey pleases) and often prohibited; yet seldom is this Prohibition so strict, but by means of a Present you may transport what you please: yet take this observation, That the Dollars here are generally lighter than in other parts, the reason supposed to be the Jews clipping of them.
Weights.Their common Weight is a Cantar, or 100 pound, being about two pounds bigger than our 112 pound of England. So that their pound weight hath been found to make near 16 ounces Troy, and produces in Ligorn, the common Scale of passage from Christendom, 150 pound. This Cantar contains 100 pounds, each pound is divided into 16 ounces, and each ounce into 8 Tamins. And hereby is weighed all sorts of Commodities, except Silver, Gold, Pearl, &c. which are weighed by a Carot Weight and Mitigals, as shall be shewed in another place more convenient.
In weighing of Cloves 5 pound per Cantor is usually allowed for Tret; and for Nutmegs and Pepper 5 pound per cent. for Tret and Bag together.
Measures of length.Their Measure of length is the Pike: whereof there are three sorts; the first being call'd the Cloth-Pike, that's 26½ inches English, by which are measured all sorts of Woollen Cloth, and Stuffs: By the second (termed the Silk-Pike) which is a gray or 1/18 part less than the Cloth-Pike, are measured Silks, Sattens, Velvets, and the like. By the third sort, which is called the Linnen-Pike, is measured only Linnen and Dimity, &c. and is ¼ part less than the Silk-Pike.
Dry Meaures.Their dry Measures are, 1. The Coffice, which contains about ten English bushels, and [Page 65]doth commonly hold out 5 Sacks of Ligorn, and somewhat better. Secondly, The Weab, 18 whereof make a Coffice. And thirdly, The Saw, 12 whereof make a Weab.
Liquid Measures.Their liquid Measure is of two sorts, viz. the Wine-Meetar,, and the Oyl-Meetar; the latter whereof being just twice as big as the former, contains near five English Gallons.
Commodities.The principal Commodities that this place doth afford are Hides, Wool, Wax, Honey, Oyl, Corn, Dates, Raisins, Anniseeds, Estrich Feathers, and Spunges, &c.
The Commodities vended here, are English and Venice Cloth, Lead, Shot, Deal boards, Perpetuanoes, Latten-Plates, Sea horse Teeth, Cloves, Pepper, Ginger, Saffron, Cinnamon, Nutmegs, Tartar, Allum, Spanish Wool, Sassaperilla, Cocheneel, Gold-thread di Genoa, Cotton Yarn and Wool, French Canvas, Gumlock, Madder, Iron, Wire, Iron of Bilbo, Genoa, and Venice Paper, Damask and Satten of Luca, &c.
Customs.The Custom of this Countrey upon all Commodities imported (excepting Lead, Shot and Iron, which pay no Custom at all) is 9 per cent, upon the real value sold: whereof lest the Merchant should defraud the Customers, a Broker hath been formerly appointed continually to attend on the Merchants, to keep an exact account of what Goods they receive and sell, and to what value: But of late years this hath been discontinued, confiding (as it should seem) more in the English, than heretofore they were wont: Yet still there are Officers appointed to take an Account of all Goods come ashore in general; and before you can expose them to sale, an exact Account of every Commodity in particular. Other charges of Goods Imported, besides freight (of which there is no certain rate) are about 8 per cent. more, viz. 2 per cent. Gonsolage, 5 per cent. Provision and Brokerage, and about 1 per cent. for petty charges.
Customs on Goods Exported (excepting Hides, Wax, and Wools, which pay no Custom) is 5 per cent.
Contra-banda Commodities.All Edible things, as Corn, Pease, Beans, Oyl, Butter, Honey, Dates, &c. and the like, are Contra-banda Commodities. Yet not seldom by the help of Presents, License may be procured for Transportation thereof: Importation of all Goods is allowed of.
To conclude, This place is of no great importance for Commerce, vending but a small quantity of Goods; wherewith having for some years past been glutted, (this Market being soon over-cloyed) hath been found to yield little benefit to the late Traders; and less encouragement to the English Factory, whom (if more than one house be setled) this place will even starve, if they be honest: for no great quantity of any Commodity is to be provided.
CHAP. XVI. Of ARGIER, and the Trade thereof.
Argier and the Trade thereof. Tremesin. ARGIER contains only two Towns of note, Tremesin once the principal of a Kingdom, and Argier the principal now of this Countrey, not found to be very spacious in its self, but strong, and of late much fortified; inriched not only by the labour of the Moors banished out of Spain, but also by the spoils of many Merchants of all Nations, brought thither as the retreat and receptacle of all Turkish and Moorish Pirates, which do much infest the Mediterranean Seas, and of late years have found the way out of the Straights of Gibraltar into the Canary Islands, and into sundry other Countreys bordering upon the Ocean. In it are accounted eighty thousand souls, the utmost part of them living by Piracies. Merchandizing is not much in use in this City; yet some of the Inhabitants are found to detest this common ill-gotten Gain, by Piracy and Theft: and these are observed to maintain some Trade with other Nations along the Coast. What points necessary thereto, according as I noted there in 1619. I shall here set down: and first their Commodities vended thence to forein parts, are such as followeth:
Commodities of A [...]gierThe Commodities this Kingdom affords is, Barbary Horses, Estrich Feathers, Honey, Wax, Raisins, Figs, Dates, Oyls, Almonds, Castile Sope, Brass, Copper, and some Drugs: and lastly, excellent Piratical Rascals, in great quantity, and poor miserable Christian captives of all Nations too too many, God give them comfort, patience, and release in due time, if it be his Blessed Will.
Coins of Argier.Their Coins passing current here in Trade is the Double, which is accounted to hold correspondence in value with the English Shilling, or rather two Spanish Rials single.
Four Doubles is 1 ℞ [...]/8, called there an Osian.
Five Doubles and 35 Aspers is a Pistolet of Spain.
Seven Doubles is accounted a Sultany or Chequeen, the common piece of Gold found current in all Barbary.
Fifty Aspers is accounted to make a Double; and these are the usual Coins passable in all this Coast belonging to this Kingdom.
[Page 66] Weights of Argier.The 100 l. or Rotolos here is 120 l. English, so that their 84 l makes 100 l. Sutle, and 94 l. or Rotolos is 112 l. English, according to the custom of Valentia in Spain, from whence it is conceived they have drawn this original of Weights: they are observed to have two several Weights, the proportion being 10 l. of the small making. 6 l. of the gross.
But here sundry Commodities are found to be weighed by sundry Cantars, as Iron, Lead, Yarn, and all Woolls are weighed by a Cantar of 150 Rotolos of the Rotolos above specified.
Raisins, Figs, Butter, Honey, Dates, Oyl, Soap by the Cantar of 166 Rotolos abovesaid.
Almonds, Cheese, Cottons, by the Cantar of 110 Rotolos.
Brass, Copper, Wax, and all Drugs by the Cantar of 100 Rotolos.
And Flax is weighed by the Cantar to contain 200 Rotolos.
Gold, Silver, Pearls and Gems are weighed by the mitigal, which is worth there 9 doubler, and is 72 gr. English, and the soltany, chequeen or hungar weighs 52 gr. English, being accounted equal to Angel Gold, and worth in England circa 3 l. 11 s. per ounce, Troy Weight, or thereabouts.
Measures of length.They use in Argier two picos or measures, the Turkish and Morisco, the Morisco pics being the measure of the Countrey, and is ¾ of the Turkish, by which is sold all Linnen only.
The Turkish pico is divided into 16 parts, and every ⅜ part is called a Robo, and is [...] part of an English-yard, which with the allowance of an inch, according to our custom in England, hath been found to make 1½ picos turkisco, and by which all Silk Stuffs and Woollens are sold in this place.
Dry Measures.Their dry measure is called a Tarrie, which heaped up, as they use it, is 5 gallons English, and so hath it been found to produce in Corn, Salt, and some such Commodities.
Accounts in Argier.They keep their accompt in doubles and ossians, and some in soltanies and aspers, the coins of Barbary, 4 doubles making an ossian, and 50 aspers making a double.
Customs of Argier.Their Customs are here 10 per cent. as in Tunis, and paid upon the Commodity according to the value sold, and permission given to land; and if not sold, to be shipt again free of all duties (as I said before) in the Kingdom of Tunis. Clearing of a Ship in Argier.And it is to be noted, a Ship entring here and Anchoring, must either land her Sails or her Rudder for prevention of running away without licence; which must be obtained in Duano, which is the common assembly of the Bashaw, who is Commander for the Grand Seignior, and of the principal Moors of the Kingdom and City, and then paying these duties with licence she is dismissed, viz. to the Kaiffa 28 doubles, to the Almaine 31 doubles, to the Captain Anchorage 15 doubles, to the Bashaw 8 doubles, to his Chiouse 4 doubles, to his Almin 8 doubles, to his Chouse 4 doubles, to the Bashaw Sorman 2 doubles, to the Druggerman 8 doubles, to the Sackagie 8 doubles; to the Consuls duty 42 doubles which in all make 162 doubles. And so much shall serve for Argier; now I sail along the Coast, and observe some Maritime Towns of note there seated.
CHAP. XVII. Of ORAN, and the Trade thereof.
Oran and the Trade thereof. ORAN is seated upon this Shore also, and of late in possession of the Spaniards, whose immunities to such as come hither to reside have made the place noted for some Traffick, especially for the Commodities of this Countrey, which hence are transported into Spain and Portugal, such as are Horses, Wax, and some years Corn in a great measure, as I have noted before.
Coins of Oran.The Coins current of Barbary, and which pass currently here, are those indifferently named before, and the Coins of the opposite shores of Spain.
The Weights in use in Oran.It is found they have here four several weights: First, A quintar of 5 roves of 20 l. to a rove, which is 100 l. or rotolos: Secondly, A quintar of Spices of 4 roves of 25 l. per rove, which is 100 rotolos: Thirdly, A quintar for Corn, every quintar being only 6 rotolos: And lastly, A quintar for Cotton-wool, every quintar being 15 rotolos, the 100 l. of London makes in the first 90 rotolos; in the second 133 rotolos; in the third for Corn 48 rotolos; and in the last 58⅜ rotolos.
Measures of Oran.The Measures of ORAN are found to be principally two, the one being the pico Morisco, the proper measure of the Countrey, agreeing with the measure of Argier before mentioned, and the other the Vare of Spain here used in Cloth, Silk, and such like, by the Spaniards.
CHAP. XVIII. Of UNA and the Trade thereof.
Una and the Trade thereof. UNA is also seated upon this Coast, and dependeth for the most part, in matter of Trade, upon the inland Inhabitants; affording for Transportation the common Commodities of Barbary; and by reason of the situation little known to our Nation, therefore I shall the more briefly pass over the same.
Coins of Una.The Coins before mentioned are here current, only with little alteration, as also the same is found to be in Bona (anciently Hippona, the seat of St. Augustine that learned Father) in Cola, Tabaracha, Bugia, Constantine, and other Towns of Trade upon this Coast, therefore I will omit the repetition thereof, having all a reference in Trade one to the other.
Weights of Una.But in weights they much differ; for here is found in use three several Quintals composed of one l. or Rotolo, one for Cotton-wool, another for Spices, and the third for Corn; thus agreeing with London.
The 100 l. of London makes 63 Rotolos for weight of Wool.
The 100 l. of London makes 72 Rotolos for weight of Spices.
The 100 l. of London makes 91 Rotolos in the weight of Corn.
All which is to be observed by him that trades into this Port, in the sale of these and the like Commodities.
Measures of Una.The measure of length is here the pico Morisco, which generally is used in all Commodities and contains 26 inches English circa.
CHAP. XIX. The Trade in general of ARGIER and TUNIS.
The general Trade of Argier and Tunis.THough these two Kingdoms of TUNIS and ARGIER do afford many fair Towns according to the manner of this Countrey, yet it is not found that the same doth produce many Merchants of quality or of great consideration. This tract of Land is found at present to belong to three several Inhabitants, the Moors as Proprietors enjoy the principal part; and these are found within themselves to acknowledge several Sovereigns, which not seldom are at variance, sometimes amongst themselves, sometimes with their neighbours; and because of the liberty given here for entertainment and protection to all Nations; not only these Towns do harbour Levents, which we call Pirates. and they call natural Turks, but also Christians of all Countreys which hence with robberies infest these adjoyning Mediterranean Seas, add joyning themselves with the abovesaid Levents, make up a dissolute and resolute company of Sea-farers and Pirates; and because these are not sufficient to work any matters of moment alone to make their strength the greater, and their force the stronger, there is of their own accord added thereto the Tagarins, a poor, desperate and naked rascality, and the Spanish, Moors, or Moorish Spaniards of late years banished from the Kingdom of Spain, who willingly some in purse, and some in person, undertake these designs to be revenged of their banishment from their native Countreys, their case herein being most miserable; for whilst they lived in Spain they were accounted for Moors, and now being amongst the Moors are still doubted as Christians.
These last and some other Inhabitants of these Cities of Tunis and Argier, do still profess more civility than the common sort, and have some reliques of that honesty left them, which peradventure they brought with them hither out of Europe; and these are only they that in these Cities profess Merchandizing, and are found to use some Trade alongst this Coast from one part to another, and so to Marselia and Ligorn, Towns seated on the Christian opposite shore, enjoying many priviledges and immunities for Merchants of what Nation soever.
The Spaniards inhabiting in this Coast in sundry good and well fortified Towns, are the second that here bear sway; the Country for some certain miles in circuit over-awed by their Garrisons pay them Contribution; and it is supposed that the charges in maintaining these exceeds the gain yielded thereby, and here is but little Trade found.
The third sort I account the Genoese and the French Nations, who upon this Coast by permission of the State, do pay certain yearly Pensions, for admission of Trade, and have built themselves Fortresses and Castles for the defence of their Estates and Persons, and Shipping; and these are now found the only Merchants inhabiting this Coast: here they have their scales for the Coral-fishing; for Honey, Wax, Corn, Hides, Horses, Spunges, and many other Commodities, which the Countrey-men willingly for love of their Spanish Plate do bring them in, [Page 72]and here Traffick is made upon good terms and sure guard, buying and selling as they list to inhanse or debase the Commodities the either buy or fell: by which a great gain is yearly made unto them.
The Piratical Trade of Tunis and Argier.And this is as much as I conceive necessary in this point of Merchantile Traffick in these two Kingdoms and Cities of Tunis and Argier: but there is here a Piratical Trade also much practised by the people of these two places, who set out Vessels in partnerships and shares, to take Prizes or Gonimas, as they term them, which is ever performed by all manner of advantages without faith or promise either kept or regarded; which spoils have been so great and their booties so beneficial, that the desperate spirits of many of sundry Nations have come hither in hope to raise by rapine and theft, what else by honest courses they could not elsewhere compass: their manner of setting forth these Ships is upon a small cost, and done with little charge, considering the frugality in diet used in these Countreys, and their division at their return is commonly allotted, (as I observed in these parts when for some time I abode amongst them, and is still continued) ⅕ for the body of the Vessel, ⅓ for the Victuallers and setters out, and ⅓ for the Captain and his company; and this is truly and exactly made in species and kind, for they hardly admit a Commodity taken, or Slaves captivated to be sold at the Market, and the dividend to be made in Money: but they (as I have often seen) will divide it in kind, as if a bag of Pepper, then by dishfuls, or a piece of Cloth or Linnen, then by proportional shares, according to their gross capacity, which custom I understand is since by their better judgment rectified, and Merchants Ships warned by their losses of latter days, to go better arm'd, mann'd and provided; and seeing their prizes come in thinner, they are more provident in their division, though more venturous in their thefts. Argier in this kind hath been able to set out near 300 sail little and great in those times, now not a quarter so many: and Tunis then had 20 in 31 good sail, now it hath not a dozen: so that I may conclude their Trade decreaseth and daily diminisheth, which God of his goodness grant it may still do, to the Merchants comfort, and the Mariners joy: and thus leaving these two Piratical Kingdoms and Cities, with this Maritime Coast.
Of Sally and the Trade thereof. Sally is divided by a River into two Towns, called the Old and New; inhabited by the race of those Moors which were banished out of Spain, which profess the Mahometan Religion: It is commanded by a strong Castle well fortified, which commands the Harbour; Ships may ride in the open road without command; in fine, to 30 fathom water good Anchoring, all Vessels not drawing above 10 foot water may enter over the Bar into the Creek or Harbour, where they lie in safety fastened ashore: the Harbour will hold at least 100 Sail. Merchants for the most part that trade to this place, will not venture to carry their Goods on shore without a Protection from the Governour, nor hardly then neither, because of the perfidiousness of the people; and therefore for the greater security trade on Ship-board with the Merchants of the Town, which are for the most part Jews of the worst sort.
Their Coin.They Coin Money in the Town, of Gold, Silver and Copper; their Gold is the Ducate, worth about 8 s. Sterling; their Silver is the Blanckhil, worth about 2 d. being the 48. part of their Ducate; their Copper Coin are Fluces, passing for the 20. part of the Blanckhil, or the 10. part of a penny Surling. All Coins of Spain, the French Crown, the Venice Chequin are payable here; and indeed the Coin of all Nations of Gold and Silver are here passable by weight for their value.
Weight.Their Weights are those for the most as in Spain.
Measures.Their Measure for Corn is an Armudo, about 5 to our Bushel. Their long Measure a Brace about 18 Inches.
Their Commodities are chiefly Cow-Hides, Goat-Skins, Wax, Honey, Oyl, Dates.
Commodities carried thither are several sorts of Cloth, both Linnen and Woollen; great quantities of Fire-lock Muskets, Pistols, Knives, and Iron-work of all sorts.
CHAP. XX. Of the Kingdom of FESSE, and the Provinces thereof.
Fesse, and the Provinces thereof. FESSE is is divided into 7 Provinces, which borroweth their names from the Towns seated therein; the first is Hamlisnon, seated in the mountainous part of this Kingdom; the second is Seuta, now in the possession of the Spaniard, having a Town of this name strongly by them fortified; the third is Tangier, a City also fortified and belonging likewise to them; the fourth is Mehenes; the fifth Arguer; the sixth is Alcaser, (near to which the three Kings, Sebastian of Portugal, Mahomet of Fesse, and Abdelmelech of Morocco, competitors for this Kingdom, were slain in one day, together with many others of eminent quality; and Stuckley that famous infamous English Rebel in An. 1578.) and seventh FESSE the Metropolis, which for its greatness merits a more serious consideration.
CHAP. XXI. Of the City FESSE, and the Trade thereof.
City of Fesse, and the Trade thereof.THis City bears the name of Fesse, from the abundance of Gold, (as Writers record) that was found in digging the Foundation thereof; it is beautified with many goodly Buildings both publick and private; it is divided by the River Sabu into three parts, containing in all 82000 Housholds, having 700 Moschs or Temples, 50 of them being adorned with Pillars of Alabaster and Jasper; and one seated in the heart of the City called Carucen, is the most sumptuous, containing a mile in compass, in breadth cantaining 17 Arches, in length 120, and born up by two thousand five hundred white Marble Pillars, under the chiefest Arch (where the Tribunal is kept) hangeth a most huge Lamp of Silver, incompassed with 110 lesser; under every the other Arches hang also very great Lamps, in each of which burn 150 Lights: it hath 31 Gates great and high; the Roof is 150 yards long, and 80 yards broad, and round about are divers Porches containing 40 yards in length, and 30 in breadth, under which are the publick Store-houses of the Town: about the Walls are Pulpits of divers sorts, wherein the Masters of their Law read to the people such things as they imagine appertain to their salvation: the Revenues thereof in Anno 1526, was 200 Ducates a day of old rent, accounted 100 l. sterling; until the late Civil Wars it was a City of great Traffick, and many Merchants of divers Nations resorted hither, and were allowed a publick Meeting-place for their Commerce, and lodging for their residence, being in form of a Court or Exchange, inclosed with a strong Wall, with 12 Gates, and limited with 15 Streets for several Nations to meet for their business, and for the laying up of their Commodities; and every night for security of their Goods and Persons, the same was kept guarded at the Cities charge, resembling the Besistens or Canes now in use in Turkey and other Southern Countreys.
There is here also divers Colleges where the Sciences are taught, amongst which Madorac is the chief, and accounted for one of the excellentest Pieces for Workmanship in all Barbary! It hath three Cloysters of admirable beauty, supported with eight squares Pillars of divers colours; the Roof curiously carved, and the Arches of Mosaique of Gold and Azure; the Gates are of Brass fair wrought, and the Doors of the private Chambers of in-laid work: It is recorded that this Colledge did cost the Founder King Abuchenen, 480 thousand Sultanies in Gold, which is in English Money 192 thousand pound; which would hardly in these days, were it now to be built, perform the twentieth part thereof, and this was not above 150 years past; and about that time Henry the Seventh King of England did build that sumptuous Chappel in Westminster; which as I have been informed, did in those days co [...] 7448 l. and let it be judged by Artists, how much more would build the fellow of it in these our days.
They have also here for the commodity and pleasure of the Citizens 600 Conduits, from whence almost every house is served with water; besides what goeth to their religious uses, at the entries of their Temples and Moschs: but I have staid too long in surveying this City, I will now see what Commodities and Merchandize this Kingdom affords.
Commodities in the Kingdom of Fesse.The Commodities found in general, as well in the Kingdom of Fesse as of Morocco, and found transportable for Merchandize, is Fruits of all kinds, such as is principally of Dates, Almonds, Figs, Raisins, Olives; also Honey, Wax, Gold, and sundry sorts of Hides, and Skins, especially that excellent sort of Cordovant from this Kingdom of Morocco called Maroquins, famoused throughout Spain, France, and Italy; also Corn, Horses, Wools, whereof the Inhabitants are observed of late days to make some Cloath: here is found also for Merchandize fabricated here some sorts of Stuffs of Silks, as Sattins, Taffataes, and some sorts of Linnen, much in use in this Countrey, made partly of Cotton, and partly of Flax, and divers other Commodities.
Moneys of Fesse and Morocco.The Moneys of this Kingdom, and generally of all the Kingdoms of Morocco, is the Xeriff or Ducate in Gold, deriving the name thereof from the Xeriffs, who within these few years made conquest of these Kingdoms, under Pretext and colour of the Sanctity of their Religion, and is accounted to be about ten shillings sterling Money, divided into 8 parts, and esteemed ⅛ each part, which may be compared to be about 14 d. in 15 d. sterling.
Accounts in Fesse and Morocco.They keep their Accounts in these places by Ducates, or old Xeriffs, now almost out of use, divided into 8 parts, accounted in common value, but 12 d. every ⅛, though worth more, as above is declared.
Weights in Fesse.Their Weight here is two, one used in all ordinary Commodities, which is the Rorolo, containing (.) ounces or drams, it having been found by observation, that the 100 l. Averdupois, London, hath made here 64 Rotolos, and 100 Rotolos is here a Cantar. The second Weight is here the Mitigal, used in the weighing of Silver, Gold, Pearl, Musk, and the like, agreeing with the Mitigal used in Argier and Tunis spoken of before.
[Page 70] Measures in Fesse.The common Measure for length is here the Covado, 12 whereof is accounted to a Cane: and it hath been observed by Barbary Merchants hither trading, that the 100 Yards of London make here about 181 or 182 Covadoes.
Customs of Fesse and Morocco.The Customs of Fesse and Morocco are paid at the entrance thereinto, as is likewise due at the entrance of any other the Cities of this Kingdom, and is by the Subjects Natives upon all Commodities paid two in the hundred, and by all Strangers ten in the hundred, collected for what is sold or landed without leave, for Exportation again if once landed; which causeth divers of our Merchants bound for those parts to make their Ships their Shops, and consequently land so much of their Commodities as they imagine their Market will vend, and no more. But because the Kingdom of Morocco obeyeth the same Rules in matters of Trade, I will speak a word of that place likewise, and then survey the Trade of them both together as they are known now to us, to be as it were but one, though indeed different Kingdoms,
CHAP. XXII. Of the Kingdom of MOROCCO, and the Provinces thereof.
Morocco and the Provinces thereof.THE Kingdom of Morocco, once of great splendor, is now divided into six Provinces, the first Tangovista, having a Town also of that name: Fisidet is the second, which giveth name likewise to a Province; the third is Massa, the principal of a Province abounding in Amber. Alarach is the fourth, fortified and kept by the only Garrison of this Countrey. The fifth is Taradant, in times past the second in this Kingdom, and the principal for Traffick, ruined by the late Wars, whereunto yet the resort is commonly made by many English and French for Commerce. The sixth and last is Morocco the Metropolis, of which a word according to my intended Method.
CHAP. XXIII. Of the City MOROCCO, and the Trade thereof.
City of Morocco and the Trade thereof. MOROCCO is the chief City of this Kingdom, and in times past was accounted the Metropolis of all Barbary, as once containing one hundred thousand housholds, but now inferiour to Fesse in beauty, spaciousness and populousness: it is strongly walled about, and within adorned with many private and publick Edifices, the chief being the Castle or Arsenal, and the Churches, or Moschs; one whereof is bigger, though not so beautiful as that of Fesse, seated in the midst of the City, and built by Hali their King, augmented 50 fathom in spaciousness by Abdullmumen and Mansor his Son, with many exquisite Pillars brought from Spain; he also covered the same with Lead, and made a Cistern of the same greatness, as this Temple was to receive the Rain-water that came therefrom; besides which he made therein a Tower of Masonry in form of the Roman Colossus, equal in height to the famous Tower in Bolonia, which being ascended, the Hills of Asaffi, being 130 miles distant, may be easily discerned. The Castle is also very large and strong, of the bigness of a reasonable Town, in the midst whereof is a Temple, which hath a Tower, whereon is fixed a Spindle of Iron, passing through three great round Globes made of pure Gold, and weighing 130 thousand Barbary Ducates, which is 58500 l. sterling, which divers Kings have gone about to take down and convert into Money; but have all desisted, by reason of some strange mis-fortune that hath been inflicted on them, so that the common people imagine they are kept by a Guard of Spirits.
They have here also a Burse for Merchants, which is now taken up by Artisans, the late Civil Wars having eclipsed the glory of the famous Trade that was seated in this Countrey, which in its former splendour was found to have several Streets for several Artsmen, and no one Artsman permitted to make his abiding but amongst those of his own Profession.
Commodities of Morocco.The Commodities of this Kingdom are the same as in the Kingdom of Fesse, spoken of before, save that the same abounds more in Sugars, especially in Taradant, where divers Merchants are found to reside purposely for that Commodity, from whence it is Exported into other Regions.
Coins of Morocco.The Coins current is also the Xeriff common with Fesse, and all these parts of Barbary, and by some called the Ducate of Gold, having eight divisions or parts, esteemed to be about nine shillings and four pence sterling, each ⅛ worth fourteen pence sterling.
Weights of Morocco.They are found here to have two several Quintals, one that doth accord with the Quintal of Fesse, specified formerly; and the other which doth agree with the Quintal of Sevil, which [Page 71]may be seen more at large in the ensuing Tract, and there it may be observed, how the same doth agree with the weight of London, and other places; besides which it is observable, that sundry Commodities are weighed by this Quintal, yet comprehending more or less Rotolos, according to the custom in sale of that Commodity, which the Merchants must learn to know.
Measure of Morocco.The Measure of length here is also Covado, agreeing with that of Fesse, as you shall find in the Chapter before touched.
Customs of Morocco.The Customs of Morocco are the same as specified in the Kingdom of Fesse, at the entrado 2 per cent. by the Subject, and 10 per cent. by the Merchant stranger: Barbary Merchants.But the Civil Wars have given a period to that famous Traffick here maintained by the Barbary Merchants of London, which from this Kingdom had its original, and which flourished in the days of Queen Elizabeth; the faction, dissention, and banding for this Kingdom and Fesse, overthrew that Company, The Original of the Turkey and East-India Company.from whose ashes and dissolution, arose the Society of Merchants trading into the Levant Seas, known by the name of the Turkie Company, which now we find to be grown to that heighth; that (without comparison) it is the most flourishing and most beneficial Company to the Common-wealth of any in England of all other whatsoever; into whose Patent was at first inserted the Eastern-Indies, as only proper to their Navigation, which within few years after being by way of Turkey better discovered, and gathering thereby new strength, it was in the beginning of King James's Reign incorporated a Society by it self; and for incouragement to Adventurers in consideration of the length of the Voyage, and of the great charges and dangers incident thereto, it was permitted that all men of what Quality and Profession soever, might be Adventurers therein, and be admitted thereunto, contrary to the Custom and Priviledge of the Turkey, and said Barbary Company, and of all other Societies of Merchants, who admit not any to be a Member thereof, but such as are meer Merchants, and none others.
The Trade general of Barbary.The Trade of these Countreys by reason of their discontent is almost come now to nothing, every Town and Province for the most part acknowledging a several Sovereign; and where Peace and Unity is wanting, Trade must decay. Some good Ports these two Kingdoms are found to enjoy for Traffick, as Tituan within the Streights, Tangier and Ceuta at the Streights mouth, Larache, Maxinara, Sali the old and new, a second Argier, and sure receptacle for Pirates, lately reduced to better conformity with the English Subjects by the valour of some English, under the fortunate and happy conduct of Captain William Rainsborough, to whose worth Powe this particular remembrance: Assasse, Mogador, and Santa Crux, with some others; and lastly, Taradant the only Mart of all these Countreys, seated upon the River of Sens, Taradant. in a spacious Plain between the Mountain Atlas and the Sea, abounding with Sugar, and all other kind of Provision; the good regard and continual abode that Mahomet Xeriffe, one of their late Sovereigns made in this place, hath greatly augmented and ennobled this Town; the Observations upon the present Trade thereof, I am constrained by reason of my ignorance, to refer to another hand.
CHAP. XXIV. Of Numidia and Lybia, and the Provinces thereof.
Of Numidia and Lybia. NUmidia hath on the East Aegypt, on the West the Atlantique Ocean. on the North Atlas, on the South Lybea: It will not be material to relate the Provinces, for in them are found but few Towns, by reason of the yearly progress of the Inhabitants from place to place in Families and Tribes; the Countrey abounding in Dates, the food here of Man and Beast.
Lybia. Lybia hath on the East Nilus, on the West the Atlantique Ocean, on the North Numidia, and on the South the Land of Negroes; the Countrey altogether sandy, barren, and a Desert, the Inhabitants altogether Heathenish, and therefore not worthy the conversation of a civil Merchant, or the residence of any Commerce.
CHAP. XXV. Of NEGRITA, or the Land of Negroes, and the Trade thereof.
Negrita and the Trade thereof.THis Land of Blackmoors, hath on the East Aethiopia Superior, on the West the Atlantique Ocean, on the North Lybia, on the South Manicongo; in this tract of ground is accounted twenty five Kingdoms or Provinces, through which runneth the famous River of [Page 72] Niger or Sanega, in whose over-flowing consisteth the welfare of the Inhabitants; even as in Aegypt it doth by the Inundation of Nilus; for this (as that) increaseth for forty days, and decreaseth for forty days more, during which time the Inhabitants fail over the whole Land in Boats and Barges.
Tombutu.This whole Tract principally now acknowledgeth three Sovereigns, which is the Kingdom of Tombutu, the Kingdom of Borneo, and the Kingdom of Goaga; each Kingdom giving name to a City the principal residence of the Kings. The City of Tombutu lieth beyond the River of Sanega or Niger, wherein is found a Trade driven by many French, Dutch and English Merchants; the manner thereof, and the matter wherewith I shall hereafter as well as I can particularize. Goago.Four hundred miles from Tombutu is the City of Goaga, wherein are found eminent Merchants, and precious and sumptuous Merchandize of all sorts. Borneo. Borneo is the third, the Inhabitants whereof are better versed in breeding of Cattle, than in the Art of Commerce, and better read in Mars than Mercury.
Commodities thereof.The Commodities of these Countreys, are Corn, Sugars, Cattel, Horses, Rice, Fruits, Gold in Sand, which they term Siga, and we Tibur; and also in Ingots without Sovereign stamp or character, and is distinguished by its fineness and goodness, which the Inhabitants by way of Exchange do Barter with their Neighbours and other forein Nations, against Cloaths, Linnens, Callico's, Basons of Copper, Iron-work, Sword-blades, Hand-Guns, Glasses, Beads, and such like, and principally against Salt, which of all other Commodities this Countrey is most defective in, and in some places affords not, and therefore pays for it at an excessive dear price to Strangers.
The Trade of Guiney and Benin, and the Golden Coast.The Trade of all this Tract, such as it is now in these days known to our Nation, is comprised alongst the Sea-Coast, which the Portugals by reason of their former Plantation here, and rich Commerce, have entitled the Golden Coast, and we in common appellation, term the Trade of the Coast of Genin and Benin, two of the principal Provinces Maritime, that are found included within the Circuits of these three before-mentioned Kingdoms: which Trade that it may be a little better understood, I shall more particularly survey, according to some Observations made by some hands thereon.
The Portugals the first Traders into Guiney and Benin.In the beginning and discovery of this maritime Coast, (for thereto I intend to apply the Trade of this Country) the Portugals were the first that ranged this Shore, and had some small knowledge of their Commodities and of the manner of trading with them, who partly by fair means, and partly by Constraint got footing in this Sea-coast, building Forts in some, and placing Garrisons and Factories in others, which then was found so Golden and beneficial to that Country, that it is conceived this only thing (as what will not Gold attract) drew them to search further the Maritime Coast of this Tract all along to Cape bona Esperansa, and so consequently thereby unto the East-Indies: fair quarter and courteous usage being then perceived in these Forts and Towns thus subjected to the Portugals, drew the Inhabitants and Countrey-men to a fair and ordinary commutation and exchanging of Commodities with them, which according to the custom of that Kingdom, was maintained by Factors appointed for the King's particular account in every Port and Town, as if he intended to make the profits of Merchandizing to defray the charges of his Conquest and Garrisons, furnishing them with Salt, Iron, Tin, Copper, Basons, Knives, Cloth, Linnen, and other European Commodities; receiving in exchange partly the Commodities proper for their nourishment, such as was Cattle, Corn, Rice, and the like; and principally Commodities beneficial, as Gold it self in great abundance both in Sand and Ingots melted, which gave a quickning and life to the further discoveries of those Countreys and continuance of the Trade, which is found there maintained to this day, though in a far lesser manner.
Who shewed the way to English and others.The English and other Nations afterwards desirous to share in this rich Trade, failed within a short time likewise hither; and because they had not such Places and Forts for their Ware houses, and the Protection of their Persons and Goods, therefore would not, or else might not with safety land their Commodities without danger of the falshood of the Portugals, or treachery of the Inhabitants: therefore at first failing hither were compelled to Anchor alongst the Coast nearest to the best Towns, and of greatest concourse, and signifie to the Inhabitants the Commodities they had brought to utter, drew at length by their fair demeanour and courteous usage the Moors to come aboard their Ships, and bring their Gold with them; the manner of which Trade (as being different from any other Country) I shall briefly set down.
The manner of the usual Trade of Guiney and Benin.In the morning betimes, having for the most part then the Wind off the shore, and calm weather, the Moors came aboard in their Canoes and Scuts to traffique. some for themselves, and some which they call Tolkens or Factors for others, who carry at their Girdles a Purse, wherein small Clouts or Papers containing sometimes 10 several mens Gold are wrapped and laid up; which though it should be of one and the same weight and goodness, they notwithstanding readily distinguish, and having made their Barters for Cloath, Linnens, or the like, at noon return with the Sea-turn, or as they call it, the Brise, again to the shore; and [Page 73]besides their Bargains covenanted, these Factors have some small thing for themselves as the reward of their pains by way of Brokage or Factorage, which they called by the name of Dachio.
The undermining tricks of Guiney and Benin.But in process of time the Netherlanders frequenting this Coast, and well acquainted with the manner of this English Traffick; and coming into the same parts where the English traded and were known, were the first that spoiled this Golden Trade, partly by their sinister dealing, and partly by their undermining and fraudulent tricks; for they coming to Anchor together with the English to sell their Commodities, and finding that the English vended more Wares, and had a larger Traffick by the concourse of the native Merchants from ashore, with these Tolkens above-mentioned, than they had, hired these Pilots, Boat-men and Tolkens (that were thus employed, to carry their Passengers and Merchants aboard) under-hand to carry them aboard their Dutch Ships, and not aboard the English, and so to trade with them only; which the English at last perceiving and smelling out their craft, were by the same craft compelled to prevent the same; so that by this means the one out-vying the other, these fellows for their good will and Brokage have by this means drawn the duty or rather courtesie of Dachia, to 6 in 7 per cent. to the prejudice of all Traders upon this Coast: but this rested not here, for this dealing drew on a greater inconvenience in their Trade, for when the Flemmings had first been the Authors of this ill custom or courtesie of Dachio to these Boat-men and Tolkens, which necessarily were by all succeeding European Merchants to be imitated, or their Voyage lost, and their Commodities remain unsold: It was found that many Merchant Moors, Inlandmen, coming to the Sea-side to buy Wares of them, bringing great store of Gold with them for Traffick, and having divers Slaves, some 20, some 30, and some more according to their means and Trade, to carry back those Wares they had thus bought on Ship-board, and these Moorish Merchants taking their Lodgings in the Houses of these Tolkens, and using to acquaint them with their full Commissions and Intents, and then receiving of them their Gold, repaired aboard the Ships to Trade and Barter; and if the Moorish Merchants were not skilled in the Portugal Tongue, those Tolkens would presently tell the Flemmings, and desire them not to speak Morisco to them, because their Merchants were such as dwelt far within the Land; thereby giving them to understand that they meant by this Watch-word to deceive him, and afterward to share those so ill-gotten purchases amongst them: and it did, nor doth it seldom fall out, but that the Merchant Moor, not accustomed to the Sea, lies Sea-sick aboard, all the while the knavish Tolken makes his Bargain for him with the crafty Dutch, conniving at the Flemmings great inhansed prices of his Commodities, to draw the greater gain and more Gold from the Moor; whom sometimes he cozens by stealing some of his Gold, and put it into his mouth, ears, or otherwise; which the Moor finding by the Scale and Weight to want, adds some more knavery thereto, by blowing into the Christians Scale and Ballance to make it weight; and when all these his intended Bargains are finished, and the Moor again landed, the Tolkens and Boats-men return again aboard to divide the cozened profit and ill-gotten gain between them, wherein it may be imagined that the Flemming for his part of the knavery and connivance must have a share of the gains; which hath proved such a hindrance and detriment to the English and other Christians that Trade upon this Coast, that unless they also connive at the Tolkens Villany and deceit as the Dutch do, their Voyage will be lost, and their Commodities to their prejudice remain unsold; this is in brief the manner of their Trade, the means now follow.
Customs of the Golden Coast of Guiney and B [...]inAs for their Customs due to the Kings and Sovereigns upon this Coast, it is found to vary in divers Ports and Havens, and only paid by Inhabitants in case the Christian bring not his Goods ashore to sell, every Haven having a peculiar Officer, and every Merchant that cometh with an intent to buy Wares at a Port-Town, payeth a Toll or small Custom for his Person, though he buy nothing; and that no deceit may be used in the Collector, there is ever a Sen or some near Kinsman of that Prince, joined in Authority with the said Collector, or Customer; and if the Merchant buy any Commodities aboard a Ship for less than two ounces of Gold at a time, then he must compound with the Customer for the Custom as he can at his pleasure, as that which is the Customers own profit, fee, and wages: but if he buy above two ounces of Gold which they call a Benda, then the Custom is an Angel of Gold for every Benda, as I am given to understand.
The Coins current in Guiney and B [...]nin.I have shewed that Coins acknowledging any Sovereignty by stamp are not here in use, but Gold passable either in Sands or Ingots, according to the fineness and goodness is the current Coin passable, which our Merchants very well distinguish by 24 artificial Needles made by allay of Metals, from the lowest sort of Gold to the finest of 24 Carots fine, having exact Rules for the valuation thereof, accordingly as the same is found either in fineness or courseness: neither use they any Money, or any kind of minted Coin wherewith to pay each other; but when any Commodity is bought, the payment thereof is made with Gold, and that likewise by weight; and it must be a very small parcel that hath not some kind of weight to distinguish and weigh it [Page 74]withal, and they pay each other with four square pieces of Gold, weighing some a grain, and some half a grain: Kacorawns.and about Mina a Castle of the Portugals, they pay each other with Kacorawns, which is Gold drawn out into Wire, and cut afterward into small pieces for all trivial Commodities; and in other places with little pieces of Iron of a finger in length, with some Characters stamped thereon; and in some places they have not the Art of melting their Gold, but sell it, or rather pay it one to another in Sand by weight, according as they shall agree both in the value and in the quantity.
The weights of Guiney and Benin.The Weights are made of Copper of divers sorts, and have little round Copper Scales, like a hollow Orange Pill for Gold.
A Bend [...] is the greatest weight, and weighs two ounces.
A Benda Offa is half a Benda, and is an ounce.
Asseva is two Pesos and a half.
Egebba is two Pesos, and accounted half an ounce, or the fourth part of a Benda.
Seron is accounted for one Peso and a half.
Eusanno is accounted a Peso.
Quienta is three quarters of a Peso.
Each Peso is held a Loot.
Mediataba is a quarter of a Peso.
Agiraque is half a Peso, so that by those that have made the trial of their weights with ours, they have found them to be in every pound Troy a Peso and a half in every pound heavier than our Troy pound used in England; and this weight is the Rule for their Gold in passing for Commodities: Coins of many parts of this Coast.where note, that all Countreys have not in this and other these large Coasts Moneys current of Metal as we have in Christendom; for in some parts of Aethiopia their Money is Pepper, in Tombutu and about the River Niger, their Money is Cockles or Shell-fish, in Azanah their Money is Porcellette, in Bengala Porcelete and Metal together, as in China they use Porcelette for Money, and in some other places of India, Paper stamped with the King's Seal passeth for current Mony; and in some places the Barks of certain Trees called Gelsamora, and in Congo and many places of these Countreys Lumach, and in Angela, Beads of Glass, and such like in many other places.
Measures of Guiney and BeninTheir Measure for length in Cloth or other Commodities, is a Jactam, which is accounted with us 12 foot, or two fathom, which they cut the one from the other, and in that sort sell their Linnen the one to the other; and those two fathom by trial of the Dutch make a stork and three quarters, but in Woollen they never measure above peices of one handful broad, which they so cut off and use for Girdles, which they wear about their middles, and sell it among themselves in this manner in these pieces abovesaid, and use no other kind of measure which they call a Paw, which is ¾ 1 d. English.
The manner of accounting.The Inhabitants of this Coast at the first trading here of the Portugals, were very rude and ignorant, and were easily beguiled in all the Commodities which they sold them; and not only took in good part the badness of the Ware they received, but were also deceived in their measure; the Portugals by this means putting off their rotten Linnens, rusty Knives, broken and patched Basons, pieced Kettles, and such like, and these at what measure, value, weight, and quantity they pleased for their Gold: but the times are now altered, and they by their usual sufferings in this kind by the Portugals, made the more wary, provident and circumspect in their Traffick with the English, French, and Dutch: so that in those Commodities which they buy or barter, either for their own use, or for Merchandize, they are found to have as good judgment in them as the Sellers themselves.
Their ignorance in Trade may be judged by their ignorance in Accompting and Reckoning, for when they have past the number of Ten, they rehearse so many words one after another for one number, that they are so puzzled and cumbred therewith, that they cannot tell how to get out, and so sit buzzing so long, till at last they have lost their Tale, and forgot their number, and so are forced to begin to tell again: but since they began to trade with the English, and were to reckon above the number of Ten, for they use no more amongst them, they reckon on till they come to Ten, and then take one of their fingers into their hands, and then tell to Ten again; and then take another finger into their hand, and so proceed till they have both their hands full, which in all maketh one hundred, then they mark that up, and then begin to tell as at the first, and use the same order as before.
To conclude this Traffick, and to leave this Coast, I hear not in these days that the English frequenting that Coast, or that the French or Dutch make any great benefit thereby: for the present subtilty of the Inhabitants, perceiving how their Gold is sought eagerly after by them and all Nations, can now adays set such a rate thereon by this their manner of Exchange and Barter, and that by being so often beguiled by others, they are now grown more wary and circumspect in their Bargaining, and are as ready to beguile the Beguilers, as to be beguiled themselves; for they look now narrowly both to their Measure and the goodness of their Commodity; and though at the first they knew no distinction of Christians, but took the Portugals [Page 75]and all white men to be of one Nation; yet since they know each Nation, and are acquainted with their particular manners and manner of dealing, having ever hitherto from the beginning found the fai [...]est and squarest Trade with the English, therefore when they come, they are the best welcome to them, and speed best of any other Nations whatsoever with them.
Sugar Trade.I willingly omit here to speak of the Sugar Trade, and of the plenty of Sugar Canes growing upon this Coast: the King of Bortugal here in certain places farming the fole Trade thereof to certain his own Subjects, with a strict proviso, that the same be sold to none other but to his own Subjects, and that Provision to be sent only for Lisbon, to gain a great Custom thereby imposed thereon; therefore the Portugal being here the only buyer and ingrosser, the Inhabitants must and are inforced to fell only to them, and at what reasonable rate they best can agree upon; and this restraint of this Commodity hath drawn the Dutch to build and fortifie in some places upon this Coast, as now of late they have done at Mina opposite to the Spaniard, where they are at continual variance, the River only parting them.
CHAP. XXVI. Aethiopia Superiour and Inferiour, and the Provinces thereof.
Aethiopia superiour. AEThiopia the Superiour is known to us by the name of Abasine, and comprehendeth many large Provinces and Kingdoms, and contains the Springs of three famous Rivers, Abas, T [...]iasis and Nilus, arising out of the Lake Zembre; being for the most part Christians, and commanded by that so much renowned Emperour Prester John; Commodities of Aethiopia superiour.affording for Commodities to the neighbour Regions, Rice, Barley, Pease, Sugars, Minerals of all sorts, Goats, Sheep, and Oxen: but because these Towns of these Provinces are for the most part in Land, they afford no great matter of Trade, and as little known to our Nation, I willingly omit them.
CHAP. XXVII. Of Aethiopia Inferiour, and the Provinces thereof.
Aethiopia inferiour. AEThiopia Inferiour, hath the Red-Sea on the East, the Aethiopian Ocean on the West, the Land of Negro's on the North, and the Southern Ocean on the South, commonly di [...]ided into these parts, Aian, Zanbar, Monomotapa, Caffaria, Monicongo.
Aian.In Aian, are upon the Sea-coasts these three Cities much frequented by Merchants, Arar, Zeila, Barbera, the second of which was sacked by the Portugals in Anno 1516. Commodities of Aian.and is found to abound with Flesh, Honey, Wax, Corn, Gold, Ivory and Cattel; especially Sheep in plenty.
Zanibar. Zanibar contains 15 Towns that give names to 15 several Kingdoms, Quiloa.the chief for Trade is Quiloa, where the Portugals have Forts built and fortified Anno 1509. Mosambique. Mosambique also fortified by them. Soffola. Soffola, which for the abundance of Ivory and Gold is conceived to be the Land of Ophir, to which Solomon sent by his three years Voyage.
Monomotapa. Monomotapa contains also sundry Provinces invironed almost round with waters, and abounding with Mines of Gold, accounted to contain above 2000, Manica. Boro. Quitiana.the principal being three, Monica, Brro, and Quitiana; Elephants Teeth.which yields not any Commodity else save Elephants Teeth, to procure which, it is supposed 5000 are yearly slain in these Kingdoms.
Caffaria. Capharia, hath nothing famous in it, Cape Bona Spei.save that famous and noted head-land Cape bona speranza, discovered by the Portugals in Anno 1497.
Manicongo. Manicongo was discovered by the Portugals 1486, and by them then converted to the Popish Religion, which the Inhabitants soon forsook, as peradventure seeing that that Religion was made the Cloak of their Conquest, yielding yearly 30000 Slaves in sale to the Portugals, which they carry to Brasile to work in their Silver Mines; the Trade of the principal of these it is fit I should in this place more particularly handle.
CHAP. XXVIII. Of Mosambique, and the Trade thereof.
Mosambique, and the Trade thereof.THe Sea-coast affording the prime places of Traffick known to our Countreymen in this large Tract of Land before-mentioned, and especially from Cape-bona-esperanze, to the entrance of the Red-Sea, which now cometh to be handled, it will not be fitting I should wholly omit the Trade thereof, before I have better surveyed the same, together with those Towns of Traffick as are found to be there most eminent, and therewith relate the manner how, and the matter whereof this Trade is here maintained and preserved; I will then include the Trade of this whole Coast under the Title of Mosambique, as being the principal Town of Negotiation found alongst this shore, having Soffola on the one side thereof, and Quiloa on the other side: all which being fortisied by the Portugals, the first Christian Discoverers thereof, give yet that liberty and freedom to the Country Inhabitants and others to exercise the same that would, and considering their manner of Traffick, it is seen plentifully stored both with the native Commodities of the Coast it self, and of the In-land Countries; there are here found the Towns of Cuama, Sena, Macava, Brava, Melinda, and others along this shore, seated some on the Coast of Abex, and some on the Coast of Melinda; but Quiloa for the commodiousness of the River, and the passage into the Main Continent, having but a short cut into the Lake of Zaflan, in which there ariseth a great River, that runneth into Nilus, and so to Cairo, and therefore the same is accounted the principal City for eminency and concourse of people, though for Traffique this and the rest give place (if the Spanish Relations be true) to Mosambique, wherein is found the first Fortress that was built by the Portugals on this Coast and Seas.
Mosambique then is not only the name of an Island, but also of a Kingdom, seated between Monomotapa and Quiloa; the Island is sound to have a pretty Town seated upon it, and together with the Islands of Saint George, and Saint Jacob, makes a large, fair and secure Haven for Ships of the greatest burthen, fit to receive and harbour all Vessels, that come and go, both to and from India to Christendom; and although this Island nor Kingdom are not very great, yet they are very rich, and most abounding of all the Countreys of this Coast of Mosambique; the Island whereon the Town is situated, is inhabited now by two manner of People, Christians and Mahometans; the Christians account themselves Portugals, or of the Portugal Race, who are the keepers of a strong Castle seated therein, from whence also all other their Castles and Forts seated in this Tract are supplied with their necessaries; Soffola.especially Soffola, where the richest Mine of Gold of all this Coast lieth, and there the Portugal Ships do use to harbour in Winter-time, when they are not able to sail either backward or forward otherwise to accomplish their desired Voyage; and there likewise the Indian Ships are accustomed to take in Victuals and fresh Water; and by the only discovery of this place, the Portugals first found out the way to India; for here they met with Pilots that were able to instruct them in the manner of the Navigation of these Seas, and were expert in the Maritime Coasts thereof; they have no sweet Water in the Town, nor in the Castle, though it be imagined to be the strongest in India, but have many Cisterns round about it, wherein a years Provision of Water is ever found, which they fetch from the Continent from a place called Cabasar. The Captain of Mosambique the greatest Merchant.The Captain of this Castle is still sound to be the greatest merchant here, for he keeps a Factor in Soffola and another in Quilola, and yearly sendeth Barks for Trade alongst the Coast, who commonly for some good service performed hath this place and Command assign'd him for three years, which is conceived to be worth 400 thousand Ducates, and afterwards he is to go into India, and upon his own charge to serve there at the Command of the Viceroy for the King of Portugal other three years, and then may depart for Spain if he please, besides whom none may hence trade for India, but the Inhabitants Portugals and who are also enjoined to be married men, for such as are unmarried may not stay here by special priviledg from the King, granted to those that inhabit here, to the end, that the Island should be peopled, and thereby kept safeguarded and maintained, and for this immunity they are only bound in time of need to defend the Castle, and are accounted as the Garrison thereof, though it is found that the Governour and his family only lieth therein, and the Townsmen by turns, having the warding and watching thereof committed to their charge and trust.
Navigation of India.Their Navigation is hence into India but once a year, which is in the month of April and continueth till the midst of September, because that throughout the whole Countrey of India, they must sail with Monsons, which are certain current constant winds, which have a setled course of blowing throughout the year, whereby they make their account to go and come from the one place to the other, and in thirty days they may sail from Mosambique to India, and they are then forced to stay in India till the month of August, when as then the wind or Monson cometh again, to serve them for Mosambique and this Coast, in every [Page 77]which year the Captain abovesaid hath ever a Ship for his own account going and coming into India.
Commodities of the Coast of Mosambique.As for the Commodities which this Countrey and Coast are found principally to afford to the Merchant for Transportation, it is chiefly Gold, for near Soffalla is a very rich Mine, and within the Land, the samous Mine of Angela, the richest in the World, is said to be seated, beside; the rich Mines of Monomotapa, where in a River running thereby is found Sand of Gold in great plenty, which is accounted the finest and best, and called by the Portugals, Bolongorn Oro [...]mpo. The Kings of Portugal great Merchants.The King of Portugal having ever a special Factor resident in Mosambique, trading for his account, keeping correspondence with other his Factors, and sending Merchandize from one place to another; for by this means the Kings of Portugal, the first Navigators into these parts, so far honoured Merchandizing, that they held it no disparagement to raise thus some estate, the better to perform and accomplish these long and chargeable Navigations, and hence it grew that they bringing these Indian Commodities into Europe, for their own account did by Commissioners contract with private Merchants for the same in Lisbon, and other places; Regal Contracts.which hence from this Authority were termed Regal Contracts. The other Commodities of this Countrey, besides Gold in Sand, and Ingots, are, Ambergreese, Ebony-wood, Ivory, Elephants-teeth, and many slaves, both men and women, which hence are carried principally to India, as being reputed the strongest Moors in all the East Countreys, and are put throughout India to the hardest labour and loathsomest drudgery.
Coins, Measures, and Weights in Mosambique and the Coast.In order here, according to my intended method, for the Explanation of the Trade of this place and Countrey, I should lay down the Coins current here, and their valuation, their Measures of length, and their Weights used in Merchandizing; but because that by the Collection I have made, and the Observation that I have noted, the Portugals at their first Conquest here, brought with them their own Species and Coins, as also their own Weights and Measures, as a testimony of their Regality and Sovereignty, and that the particulars thereof shall be more at large shewed in its due place, when I come to handle the Trade of Lisbon from whence the same had its original; I shall, to avoid needless repetition, desire the Reader to be reserred thereunto, and so leaving this large Coast with this slender Survey, I shall proceed to what doth rest behind of Africa, which is better known unto us, and wherewith our Nation is more familiarly acquainted.
CHAP. XXIX. Of AEGYPT, and the Provinces thereof.
Aegypt and the Trade thereof. AEGYPT on the East is bounded with the Red-Sea, on the West with Cyrene, on the North with the Mediterranean Sea, and on the South with Habasia: Nilus.This Countrey is watered by the fruitful River Nilus, which for the more benefit of the spreading Plains divides it self into seven Channels, and begins about the fifteenth of June to rise and swell above his banks, and for forty days doth so continue, and within forty days again collecteth it self into its own limits: all the Towns here are seated on the tops of Hills, which during this flood appear to strangers like Islands; Intercourse and Commerce being all this time preserved by Boats, Skiffs, and Lighters, instead of Camels and Horses; this River is in length 3000 miles, and when it is found not to swell, it portendeth some fatal accident either to Countrey or Srvereign.
Alexandria.In this Countrey are found these famous Towns for Traffick. Alexandria, built by Alexander the Great, the most eminent Sea. Port of all Aegypt, and whither before the discovery of the Indies was the Scale of those Commodities which since we find to come thence, and then most frequented by the Venetians, who had almost the sole Trade of the Commodities of India and Aegypt in their own hands, and from them dispersed and transported through Europe, and who to this day yet keep a Consul there for the Protection of their Merchants,
Damiata.The next is Damiata, seated at the entrance of one of the Channels of Nilus, the Command whereof cost much blood in the days of those Wars in the Holy-Land by the Western Christians.
Suesa.The next is Sues, a Haven of consequence standing at the North end of the Red-Sea, wherein the Great Turk keeps a Station for his Gallies, commonly built in Cairo, and afterward carried thither by Camels to command his Dominions in those parts.
Rossetta.The next is Rosseta, seated on the principal Channel of Nilus, and in a triangle from the two above-named Cities of Alexandria and Cairo, serving for a Scale for both.
Cairo.The last and most principal is Cairo, the chief of this Countrey containing 18000. Streets, and each Street being every night locked up and barred, which makes the City impregnable, [Page 78]of which more hereafter. The Trade of Aegypt in times past setled in Alexandria.I find some Authors to have left for a remembrance behind them, a touch of the Trade of this Countrey in times past practised by the commodiousness of the Red-Seas, which entreth into the heart of this Countrey; and because that Galuano relateth the beginning, continuance, and period of this Trade, I will briefly follow his words. P [...]ol. Philadelphus then 277 years before the Incarnation, was the first that gave beginning, and set afoot this Navigation, bringing the Spices, Drugs, and Commodities of Arabia and India through the Red-Sea into Aegypt to the Port of Alexandria, where the Venetians as then the only famous Merchants of Christendom, brought up the same, and were the first that this way dispersed it through Europe, Africa and Asia. Casir in the Red-Sea. Casir being then the principal Haven Town in the Red-Sea, whence their Voyage to India was set forth and begun, and where the same afterward was ended, Coptus.and from thence by Land these Commodities were conveyed to Coptus, a Town now altogether inhabited by Jacobite Christians, and so thence down the River Nile to Alexandria in the Mediterranean Sea, by which Traffick this City became so rich and eminent, that the Custom-house there yielded to Ptol. Aalates 7½ millions of Gold: and afterward when the Romans came to be Lords of Aegypt, they found it to yield them fifteen millions. These last augmented this Trade, and sent into India every year by the testimony of Pliny an hundred and twenty Sail of Ships, whose Lading was outward bound worth 120000 Crowns, and it produced in profit at the return homeward, for every Crown, a hundred. But when the Vandals, Lombards, Goths and Moors had rent asunder the Roman Empire, all Commerce in these parts between these Nations began to cease; but when the inconvenience and discommodity thereof was sensibly discerned and perceived, it was begun again and set afoot anew by other Princes that coveted this rich Trade, And removed to Caffa in the Euxine Sea.conveying the Indian Commodities afterward with great difficulty, partly by Land, and partly by Water to Capha in the Black-Sea, as then belonging to the Genoese; but this by reason of the long way and dangerous passage, being found too tedious and prejudicial, Then to Trabesond, Sarmachand, &c. Trade (which is ever found to have a secret Genius and hidden course of it self) was removed for these and other causes to Trabesond, which was then conceived the fittest Mart-Town, then Sarmachand in Zagethai had it, where the Indian, Persian and Turkish Merchants met to barter their Commodities; the Turks thence conveying the same to Damasco, Baruti and Aleppo, from which last place the Venetians again transported these Commodities to Venice, making that City thereby the common Emporium of Christendom; and lastly, in Anno 1300, the Soltans of Aegypt restored the passage by the Red-Sea, and the Venetians resetled their Factors in Alexandria, which continued for two hundred years, until the Portugals. Spaniards, English, and lastly, the Dutch, found a new way by the back-side of Africa, to convey the same to their own homes, whereby the great Trade which the Aegyptians, and principally the Venetians had to themselves for many years, came thus to nothing, and the Traffick of Alexandria and Red-Sea thereby is now decayed, and become altogether unfrequented, as at this day we find it, subsisting only by the native Commodities thereof; in which nature it is fittest I should now survey the same.
CHAP. XXX. Of ALEXANDRIA, and the Trade thereof.
Alexandria and the Trade thereof. ALEXANDRIA is said to be built by Alexander the Great, and was called by the Turks the Lords thereof Scanderia, and which in the Nicene Council was ordained to be one of the four Patriarchal Cities; it is yet the fairest and best Maritime Port of this whole Countrey, and hath yet some reliques of that Trade it earst enjoyed, as I have noted before; and because it is the principal of this Region for Merchandizing, I hold it proper to comprehend under this Chapter the greater part of the Trade universally of Aegypt and the neighbouring Cities.
Commodities of. Aegypt.The Commodities of Aegypt, besides what comes hither out of Arabia; Persia and India, is Rice, Corn, Flax, Hemp, Honey, Wax, Balsom, Dates, some Drugs, and some few Spices, and in especial it yieldeth abundance of Palm-Trees, The excellency of the Palm-tree.which are of very strange properties, for they are found to grow in couples, male and female, both thrust forth cods full of seed, but the female is only fruitful, and that not except growing by the male, and having his seed mixed with hers; the pith of these Trees are excellent meat: of the branches they make necessary uses in their houses, of the leaves, baskets, mats and fans; of the outward husk of the cod, cordage; of the inward, brushes; the fruit is like a Fig, serving the Inhabitants, sometimes dried in the Sun as bread, and green as meat: and finally it is said to yield whatsoever is necessary to the life of Man.
Wrights of Alexandria.The Weights in use in Cairo, Alexandria, and generally throughout all Aegypt for Trade, are found to be of four sorts, the first is the weight called the quintar of Zera, the second the quintar [Page 79]Forfor; the third the quintar Zaidin, and the fourth the quintar Mina; which because of their former great Trade with Venice, I will first compare with the weights of that City, and then apply the same to the weight of our own Countrey,
1 Zera.One quintar of Zera hath been found to make of Venetia gross 200 l. and suttle 312 l. and in London 212 l. Averdupois.
2 Forfori.One quintar of Forfori hath been observed to make in Venice 140 l. suttle, and gross 87 l. and in London 93 l. Averdopois.
3 Zaidin.One quintar Zaidin, hath made by observation in Venetia 127 l. gross, and 200 l. suttle, and in London 134 l. Averdupois.
4 Mina.One quintar Mina, proper only to Alexandria, hath made in Venetia 250 l. suttle, 155 l. gross, and in London 167 l. Averdupois. Whereas note, that the first three quintars are accounted by Rotolos, but the Quintar of Mina contains in Alexandria 20 ounces to the Mina, and in Cairo 16 ounces to the Mina: And also observe, that Amber, Musk, and some other fine Commodities are sold by a Metalico or Dram, and also by the Peso, whereof 1½ is a Metalico; 50 Metalicoes is here a Mark in Gold or Silver weight, and 42 Metalicoes our English Mark weight of 8 ounces Troy. Again, note, that
One Rotolo Zerai makes Venetia suttle 3 l. 1½ ounce.
One Rotolo Forfori makes Venetia 1 l. 5 ounces.
One Rotolo Zaidin makes Venetia suttle 2 l, gross 1 l. 3 [...]/4 ounce.
One Mina makes in Venetia suttle 2 [...]/4 l. and gross 1⅔ l.
Now let us observe how these weights are found to accord one with another, and so with Venetia.
One quintar Zerai, which is the general quintar of Aegypt, makes 2 quintars and 16 Rotolos of Forfori in Alexandria.
Again, one quintar Zerai makes one quintar and 56 Rotolos of Zaidin, and maketh 120 Minas of Alexandria.
One Rotolo Zera makes 2 Rotolo 1 ounce and 4 [...]/5 [...] Forfori.
Again, one Rotolo Zeri makes one Rot. 6 9/25 ounces of Zaidin.
One quintar Forfori makes 46 Rot. 3½ ounces Zerai.
And one quintar Forfori makes 20 Rot. 11 23/27 ounces Zaidin.
One quintar Forfori makes 55½ Minas.
And one Rotolo Forfori makes 111 ounces Zerai, and 6½ ounces Zaidin.
One quintar Zaidin makes 64 Rot. 2 ounces of Zerai.
One quintar Zaidin makes one quintar 28 Rot. 5½ ounces Forfori.
One quintar Zaidin makes 76 Minas 11 ounces.
One Rotolo Zaidin makes 7 7/10 ounces Zera.
And again, one Rot. Zaidin makes one Rot. 4 ⅗ ounces Forfori.
And one Rotolo Zaidin makes one and 3 quarters ounces Minas.
One quintar Minas makes one quintar 2 Rotolos Forfori.
And one quintar Minas makes one quintar 30 Rotolos Zaidin.
And one Mina makes ten ounces Zera.
And again, one Mina makes one Rot. 9 ¼ ounces Forfori.
And lastly, one Mina makes one Rot. three ounces Zaidin.
The variety of these weights will excuse this tedious repetition, which I was enforced to perform for the better understanding of the same; and for the shortening of my present survey of the Trade of Aegypt, Weights of Aegypt and sundry Cities in Barbary, to the 100 l. Averdupois.I will here reduce not only the weights above-named, but also the weights of some of the principal Cities of Traffick upon this Coast to the 100 l. suttle Averdupois of London, which hath been observed to make by:
Zera quintar | 48 | Rot. In Cairo and all Aegypt. |
Forfoai quintar | 108 | |
Zaidin quintar | 75 | |
Minas quintar | 54 | |
Tripoli suria | 25 ½ | Rot. whereof 100 makes a quintar, |
Achria | 17 | Rot. the 100 makes a quintar Tamperan. |
Aleppo common | 21 ¾ | Rot. the 100 whereof is a quintar. |
Tripoli Barbary | 62 | Rot. the 100 whereof is a quintar. |
Oran common with | 91 | Rot. the quintar is 5 Roves of 20 Rot. |
Oran for Spices | 133 | Rot. the quintar is 4. Roves. |
Oran for Corn | 48 | Rot. each quintar 6 Rotolos. |
Oran for Cotton | 59 | Rot. each quintar 15 Rot. |
Una in Barbary | 63 | Rot. for Cotton Woolls. |
Una | 72 | Rot. for Spices. |
[Page 80] Una | 90 | Rot. for Corn. |
Fras | 153 | Rot. the quintar is 100 ℞. |
Baruti | 20¾ | Rot. the quintar is 100 Rot. |
Argier | ||
Thunes | ||
Cathaia | 84 | Rot. the quintar is 100 Rot. |
Cyprus | 19½ | Rot. Famagosto 4 per cent. more. |
Suus in Barbary | 90 | Rot. 100 Rot. to a quintar. |
When I come to handle those particular places, I shall do the same more exact, for the better satisfaction of the Reader.
Measures in Aegypt.The Measures of length in Cairo, Alexandria, and in general through Aegypt, are found to be of two sorts, the one the Pico Barbaresco, or proper measure of the Countrey, serving for Cloth, Linnen and other Commodities, being 25⅞ inches English: The other the Pico Turchesco, serving for Silks, Cloth of Gold, and fine Stuffs, which is 22¼ inches English, and with Venetia they are found to render, viz.
100 braces of Silk in Venetia, make here Barbaresco Pico 116.
100 braces of Cloth in Venetia, make here Barbaresco 124½.
But I have found some observations that have noted, that the 100 Yards of London have made here and in these other Cities in Barbary thus, in
100 Yards in London have made in | Alexandria | 165 | pic. |
Baruti | 148 | pic. | |
Tripoli Barbariae | 165 | pic. | |
Damasco | 148 | pic. | |
Bugia | 210 | pic. | |
Tripolia Suria | 149 | pic. | |
Rama | 151 | pic. | |
Tangier | |||
Bursa in Natolia | 150 | pic. | |
Amano | 133 | pic. | |
Sidon | 151 | pic. | |
Gira | 165 | pic. | |
Salonica | 145 | pic. | |
Achria | 151 | pic. | |
Aleppo | 133 | pic. | |
Argier | |||
Thunes | |||
Oran | |||
Bona | |||
Morocco | 181 | cov. | |
Una |
And forasmuch as Cairo is the Metropolis of Aegypt, it will be proper I should travel thither, and survey a little the present Trade and estate thereof, before I leave this COMMERCE.
CHAP. XXXI. Of CAIRO and the Trade thereof.
Cairo and the Trade thereof.I Willingly omit the present Trade of Rosetto, Damietta, and some others of lesser note comprehended within the limits of Aegypt, and also (here pass over to a fitter place) the present Trade of Sues in the Red-Sea, till I come to survey that Gulf and the neighbouring Towns of Zebit, Mecca, Aden and others, and now content my self to consider the present state of the place and condition of Traffick of Cairo, as it is found at this day under the Scepter of the Grand Seignior.
Misraim. Cairo is then commonly reputed to be one of the greatest and most famous Cities of the World, called by the Arabians el Cahair, seated in a beautiful Plain near the Mountain Mucatun, and about two miles distant from the famous River of Nilus, invironed with stately Walls, and fortified with Iron Gates, having therein many fair, large and long Streets, where are seen placed by themselves each Trade and Occupation, and some Streets wholly beautified with Colledges for the studious, Palaces for the honourable, Temples for the religious, and Caens or Burses for the Merchants and Negotiators; the principal of which is called Caen Haleli, formerly the residence only of Persia Merchants, now admitting of other Nations, built in manner of a King's Palace, having three stories one above another; the lower only containing Ware-houses for the keeping of heavy and bulky Commodities, the middlemost for Spices, Perfumes, and richer Merchandize, and the uppermost for Lodgings for those Merchants that have their Ware-houses therein; near which, and round about the same, the richest Shopkeepers are found to have their dwelling; and where in times past the principal Merchants of Christendom had a place of residence appointed for their Factors and Agents.
[Page 81]This City is surrounded with sundry large and spacious Suburbs, which is peculiar to sundry Artizans and Artists, the principal Suburbs is called Bullach, distant two miles from the Walls of the City, and stretching it self along the Banks of the River of Nile, beautisied with many fair buildings, and is now the common residence of the principal Merchants of this City: and here are all such Commodities landed, as either cometh out of the Mediterranean Sea, by any the Channels of Nilus up this River, or out of Arabia, or other Countreys down this stream; here lies all the Vessels moored▪ either to lade or unlade; and here do the Officers reside, which receive the Customs of all Goods coming by Water from either Damietta, Rosetra, or Alexandria, which in it self is but small, the principal Custom and Duty being paid by these Merchants, and collected by the Agents of the Customers at these Maritime Ports abovesaid: but those Commodities that come out of the firm Land do here pay the said entire Customs, as shall be mentioned hereafter.
Merchants of six sorts in Cairo.This City is inhabited by six sorts of Merchants, each of them trading by so many distinct ways; 1 the native Aegyptian I reckon the first, ever accounted expert Merchants, but never adventhring out of his own Country, who buy from other forein Nations their Commodities in gross, and supply the necessities of their own Country by retail.
2 The Arabian or Moor is the next, here esteemed the greatest and most eminent Merchants; for these are they who are found to furnish all Aegypt with the Spices and Gems of India, and the Drugs of Arabia, Importing the same by Camels and Dromedaries from Goa, Ormus Aden, Zebit, Dangula, Mecca, and other places from and about the Red-Sea: and in return thereof Exporting hence the Drugs of Aegypt, and such other Commodities as are brought hither by those Nations neighbouring, principally upon and about the Mediterranean Sea. The principal Commodities accounted and fittest for them is the excellent Gold of this Countrey called the Soltanies and Sheraffie, which Aegypt in great plenty affordeth.
3 The third sort of Merchants I account the Christians of Europe, as principally the French and Venetians, who have here their Consuls and Vice-Consuls for the Preservation of their Trade, and Protection of their Nation, by certain Capitulations agreed upon between their Sovereigns and the Grand Seignior in Constantinople, paying such Duties and Customs here as their said Capitulations do nominate; and these thus furnish Aegypt with Levantine Commodities, and generally with all the Fabricks and Wares of the growth of Europe; and these carry hence in returns these Commodities brought hither both out of Arabia and India, and the native Commodities of this Countrey.
4 The Turks I account the next, whose Emperour swayeth the Scepter of this rich Countrey, and who in respect of their easie Customs reap a peculiar benefit by the Trade of this place; but the most eminent of them residing far hence and in Constantinople, and their adventure proving dangerous and hazardable, by reason of the Incursions of the Malta and Florentine Gallies, joyning thereto the dull temper of that Nation generally in matter of Commerce, and the ill success their grand Gallions have of late years had, doth much divert their minds from any eager pursuit of that so rich a Traffick.
5 The Jews here resident I account the fifth, who by reason of their general knowledge in Trade, and their general correspondence in all these Countreys before-mentioned, partake of all the Commerce and Traffick practised by these several persons; for from Venice, Constantinople, Ormus, Goa, and other eminent places of Traffick, they are found to adventure and to have adventures; they travel and return with the Arabian into India and Arabia, they traffick here both in gross and retail; and besides their subtilty in driving of bargains and making of contracts between man and man as Brokers, they are here found to be of all Professions, and are the Professors of all Arts.
6 The last which I reckon in this roll is the Armenian, Graecian and Coptie, all Christians, who in their way set the wheel of Trade on work, by being some Shop-keepers, some Artificers, and some Merchants, principally trading by Caravans to and from Aleppo, Damascus, Amman and Baruti, and in the Commodities of those Countreys of Armenia, Georgia and Persia, they carry the principal swayand stroke; all which considered, what doth the place want to make it absolute, but only what it hath lost? which is the vast Trade of India, which of late years the Portugals, English and Flemming hath deprived them of; which I leave them to sorrow for, as for a thing past remedy.
Commodities of Grand Cairo and Aegypt.The Commodities that this Countrey and place principally affordeth to these Merchants, whereby their Commerce is now preserved to them, is Flax, and all sorts of Pulse, abounding in the Province of Sahid, where the Pharaohs resided; Fruits, Rice, Balsam, &c. abounding in Eriffic, where the Ptolemies resided; Cottons, Sugars, and some Drugs, &c. abounding in Marrema, where the Romans and Graecians resided; and all these annually foretold by the Inundation of the Rivor Nilus, discerned by a Pillar seated in the Island Michias opposite to the City of Cairo, beginning ever to increase about the 15 of June, so continuing 40 days increasing, and 40 days decreasing, as I said before; the height of the increase giving assured testimony of that [Page 82]years abundance and plenty, at the end whereof a solemn days feast is kept to Nilus, in which it is oftentimes seen the Aegyptian to spend as much in jollity, as with great pain and industry he hath gathered the whole year before with penury, Revenues of Aegypt.out of this plenty and abundance is yearly drawn for Revenue of this Kingdom three millions of Sheraffies, in value 8 shillings Sterling apiece, the one whereof is now adays sent to the Grand Seignior (by Land and Caravan, for fear of surprizal at Sea by the Florentine or Malta Gallies;) the second Million is spent in the pay of the Militia and Souldiery of this Countrey; and the third rebounds to the benefit of the Bassa, here resident for the Grand Seignior, for the maintenance of his own Court and Dependents.
Their principal parts for Traffick in the Mediterranean Sea is Alexandria, as before I noted, accounted a free Port for Friend or Enemy; the Harbour cammanded by a Castle, and the entrance guided by an eminent Watch Tower to give light to Sailers: the Customs of which place is farmed by Jews at 20 thousand Medins per diem, 30 Medins accounted for a Ryal of eight Spanish, which here may be valued 5 shillings Sterling, the which by the year may amount to 55 thousand pound Sterling. Customs of Alexandria.All Goods entring here pay the Custom in species, or compounded for at 10 in the hundred, only Moneys entring pay but one and half per cent. but outward all Commodities pay 11 per cent. but this is to be accounted the Soldans Custom, and called the great Custom: the other Customs raised here is as much, or very near as much more, as he shall find to his cost that tradeth into these parts, whereto for better tryal I will refer him.
Merchants of Cairo.Now for the Trade in general of Cairo, the Merchants thereof are found at this day in some sort to have the reliques of that former great Trade which they lost out of the Red-Sea; for hence they send by Caravans sundry European Commodities thither, especially at the time when the yearly Caravan departeth hence for Mecca, and Medina Talnabi, the Sepulchre of their false Prophet Mahomet, which arriving at Sues in the Red-Sea, is there found to have a general dispersion, some going for the City of Assuan, which is commodiously seated upon their River. Nile, and upon the borders of the Kingdom of Nubia, which hence sits it self with the Commodities both of Asia and Europe, and is equally distant between Cairo and the City of Suachen or Suasuem, once the principal Port of this Kingdom, situated on the Red-Sea, but now in the subjection of the great Emperour of the Abassins: from which is commodious Navigation to Brava, Melinda, Quiloa. and other places along the Coast of Abex and Mosambique, as I have mentioned before. And because it is the principal Town of trading on Africa side in the Rea-Sea, I hold it here worthy a better and more serious survey.
CHAP. XXXII. SUACHEN on the Red-Sea, and the Trade thereof.
Suachen on the Red-Sea, and the Trade thereof. Suachen famous for four excellencies needful in Trade. SUACHEN is one of the richest Cities of the Orient, situated within the Arabique Gulf in the Coast of Aethiopia sub Aegypto, and amongst all the famous Cities of Trade in the Orient this is accounted equal, if not superiour to them in four things; the first in the goodness and security of the Haven; the second in the facility and good service for lading and unlading of Ships; the third in the Traffick with very strange and remote People and Countreys, and of divers behaviours; the fourth in the strength and situation of the City: As for the goodness and security of the Port, Nature hath so made it, that it is defended from all storms whatsoever; the Haven is capacious and large, of smooth Tides, the ground good, and able in circuit to hold 300 great Sail of burthen, with water at all times, from six to twelve fathom; the Ships are laden round about the whole circumference of the City, casting only a plank into the Merchants Ware-houses where their Wares are kept; and the Gallies fastning themselves to the stones and doors of their houses, set their Prows over the Streets, and by them as by Bridges they are commodiously laden or unladen; and secondly, as touching the Traffick and Navigation thereof, few Cities can in these parts be compared with it; for this City is found to have Traffick with all India intra and extra Gangem, that is, Cambaia, Tanacerim, Pegu, Mallacca, and with the Arabick, with Judea, Cairo and Alexandria, as I said above, and with all Aethiopia and the Land of Abexi; from whence it gathereth great abundance of Gold and Ivory: Thirdly, For the situation of it; for it is such as if Nature had framed it purposely for a Royal Mart; for it is an Island round in form, incompassed with many sholds and flats, for defence of the Port and City, occupying and taking up the whole body of the Island, so that it may as properly be termed an Island of a City, as a City in an Island; for there is no one foot of waste ground upon the whole Island, but is imployed in Housing and Magazines: the manner of Trade here, as far as I have gathered is thus:
[Page 83]It is now the principal Port-Town in these Seas belonging to Prester Jean, from whose Court called Dombia, it is twenty five days journy by Caravan; and the concourse of Merchants is here so great, that twenty Caravans are yearly found to set out hence towards several parts of the neighbouring Regions.
Commodities of Suachen.The Commodities they carry, are all kind of Indian Clothing, and also of our English Commodities, as Broad Cloths, Kersies, Lead, and Tin; likewise Velvets, Damasks, Sattins, Taffetteas, and all other sorts of Silk Stuffs; their colours more desired are reds, greens, viol [...]ts, murries, and other light colours.
Measures of Suachen.Their Measure is called a (—) about half a Yard, and Cloth that is worth in Suachen 4 Ryals of 1/ [...] is there worth 8 Ryals, and the price of Kersies is half the price of Broad-cloth; Velvets of China are here worth 10 ℞ 8/ [...] the said measure, and Italian Velvets are mach more worth, but not so profitable to the Merchants, as being much dea [...]er; Sattins of Florence are worth 10 8/ [...], Damasks of the best fort worth from 8 to 10 ℞ 8/ [...] Taffetta's 3 ℞ 8/ [...], and all colours well sold, excepting yellow and black, which are out of use in these Countreys.
Weights of Suachen.Their Weight is the Rotolo, which is about 16½ ounces Averdupois, the Rotolo is four Wakies, and 360 Rotolos make here a weight called a Bahar.
The Commodities here abounding are these, Civet in great quantity, and worth a ℞ 8/ [...] a Wai [...]a, Elephants Teeth also plenty, worth thirty ℞ [...] the Bahar, Wax worth 1 ℞ [...] the 100 Rotolo's; Gold worth 60 ℞ 8/ [...] the Rotolo, Tin worth 1 ℞ [...] the Rotolo, and Lead much more; but the Turk will not suffer any to be brought hither through his Dominions, for they hold it a contrabanda Commodity: from Grand Caire there goeth always in August a great Caravan for these parts, and likewise another in November, and the Commodities they earry thence is Broad Cloths, Kersies, Velvets, Satins, Damasks and Silks of all sorts, and from Cairo to Dombia this way is fifty days travel by Caravan, and no more, which hence is easily performed.
Now forasmuch as I find not on the Arabian side of the Red-Sea any other Town of eminence in Trade besides this, and that from Cape guarda fue along the Coast, I find none other worthy my detention, I will hence sail down to the bottom of this Gulf, and willingly pass by in silence the famous Port Town of ( [...]) the place conceived where the Israelites passed on dry foot over, or rather throw this Sea, when they were pursued by their envious Enemies the Aegyptians, who therein found their death the reward of their hatred; and perusing the same, survey the now famous Port of Sues, the present station of the Grand Signior's Fleet, that aweth this Sea, and the neighbouring Regions thereof.
CHAP. XXXIII. Of SUES, and the Trade thereof.
Sues in the Red-Sea. SUES is now the reliques of that ancient Heros, to which place Cleopatra carried her Gallies by Land after the defeat of Mark Anthony her beloved, accounted fifteen leagues from the nearest branch of Nilus running to Cairo; it is strengthened by a strong late Fortification raised by the Turks, not only for defence of the Town, but in defence of those his Gallies here kept to command these Seas, and his Maritime Coasts on both sides the Gulf; and here it was that several Aegyptian Soltans intended to dig a Channel, and thereby joyn the commodity of this Sea to the Mediterranean, but all of them desisting ere the work was brought to perfection, the reliques whereof in many places remain yet to be seen, the Divine Pro [...]idence having given bounds to Seas, which the wit and power of man, though Princes, cannot transpose or alter. This place would long since have given way to the envy of time by decay and ruine, had it not been for that relique of Trade which is here preserved by a few inhabiting Merchants, and the station for the great Turks Gallies, which he is inforced to build on the Mediterranean Sea, for want here of wood and fit materials, and thence convey the same hither by Camels and Dromedaries in several pieces, where afterward they are set up and accordingly imployed, sometimes mastering the Portugals and other Kings his neighbours, and sometimes again being by them mastered, according to the fortune of War; other Subject of Trade I find not here material, therefore in silence pass it over. And having thus then briefly run through the principal places of Trade, comprised within the Limits of Aegypt, and noted the concordancy of the weights and measures used commonly throughout this whole Countrey, both with Venice the former greater Traders hither, and with ours in England; before I come to the Coins current of this Countrey, it will not be improper I should infert a Concordancy of the weights of this place with some other neighbouring Countreys, according as I have gathered them out of the works of Alexander de Pasi, a Venetian Merchant, which here for many years resided.
CHAP. XXXIV. Aegypt Weight compared with the Weights of sundry other Countreys.
Aegypt Weight, compared with the Weights of sundry other Countreys. The several Commodities weighed by the several weights in Aegypt.I Have noted before, how that in Aegypt are used four several Weights proper to several sorts of Commodities; the Cantar Forfori is used in several sorts of Spices coming from Cairo; the Cantar Zero is the greatest and most common in use for all such Commodities as are sold here by Christian Merchants; the Cantar Laidin is only used in Flax, Hemp, &c. and the last in the Cantar Mina, most used in Damietta, for Cloves, Maces, Cinnamon, Musk, and some sorts of Spices; the Observations made thereon, with some other eminent Cities, are these:
Aegypt weights compared with Tripoli in Suria.A Cantar of Tripoli in Suria is thus found to accord with Aegypt.
- A Cantar Forfori is in Tripoli 1 Cantar 24 Rotolos.
- A Cantar Laidin is in Tripoli — 33⅔ Rotolos.
- A Cantar Zeroi is in Tripoli — 52½ Rotolos.
- A Cantar Mena is in Tripoli — 42 Rotolos.
And note, that from Aegypt is sent to Tripoli in Suria, some Spices, Sugars, Rice, Cassia, Salt, &c. and from Tripoli is sent to Aegypt, white Soap, Dates, and some other Commodities.
Aegypt weights compared with Cyprus.The Weight of Cyprus is thus observed with Aegypt.
- The
Cantar of
Cyprus makes in
Aegypt
- 5 Cantar: 20 Rotol. Forfor.
- 2 Cantar: 30 Rotol. Zoroi.
- And the Cantar Forfori is in Cyprus 19 Rotolo 2/4
- A Cantar Laidin is in Cyprus 26 ½ Rotolos.
- A Cantar Zeroi is in Cyprus 42 ½ Rotolos.
- A hundred Mino is in Cyprus 33 ⅓ Rotolos.
And note that from Aegypt is brought to Cyprus, some Spices, Cassia, Rice, Flax, Salt, Fish, and some other Goods and from Cyprus is brought to Aegypt, Honey, Melasso, Sugars, Cottons, Chamblets, Grograms, and some other Commodities.
Aegypt weights compared with Rhodes. Rhodes is thus found to accord with Aegypt.
- The Cantar Forfori is in Rhodes 18 Rotolos.
- The Cantar Laidin is in Rhodes 25 Rotolos.
- The hundred Mino is in Rhodes 32⅔ Rotolos.
- The Cantar of Rhodes is in Aegypt 2 Cantar 56 Rot. Zeroi.
And note, that Rhodes sends to Aegypt, Honey, Wax, Oyls, Raisins, and some Fruits, and from Aegypt is sent to Rhodes some Spices, Cassia, Sugars, Rice, Cow-hides, Flax and salted Fish.
Aegypt weights compared with Scio and Smyrna. Aegypt is thus found to agree in Weight with Scio and Smyrna.
- The Cantar of Scio is in Aegypt 1 Cantar 11 Rotolos Forfori.
- The Cantar Zeroi is in Scio 1 Cantar 95 Rotolos.
- The Cantar Forfori is in Scio 89½ Rotolos.
- The Cantar Laidin is in Scio 1 Cantar 24 Rotolos.
And note, that from Scio is sent for Aegypt, Wax, Honey, Mastick, white Soap, Cottons; and from Aegypt to Scio and Smyrna is sent Cassia, Rice, Flax, Sugar and Sugar Candid, Oxe and Buffolo-hides, salted Fish, &c.
Aegypt weights compared with Candia. Aegypt with Candy is thus found to accord in Weight.
- The 1000 l. gross of Candia makes 3 Cantar 63 Rotol. Zero.
- The 1000 l. sotile of Candia makes 3 Cant. 57 Rot. Zero.
- The Cantar Zeroi makes Candia sotile 274 l.
- The Cantar Forfori makes in Candia sotile 125 l.
- The Cantar Laidin makes in Candia gross 115 l.
- The hundred of Meno makes in Candia sotile 220 l.
And note, that from Candia is sent to Aegypt, Honey, Wax, Cheese, Candia Wines, and some other Commodities: And from Aegypt is sent to Candia, some Spices, Rice, Cassia, Sugar [...] did, Flax, and some other Commodities.
Aegypt weights compared with Cania. Aegypt is thus found to accord with Cania.
- The 1000 l gross of Cania is in Aegypt 6 Cantar 33 in 35 ℞ Zero.
- The Cantar Zero is in Cania sotile 278 l.
- The Cantar Forfori is in Cania sotile 127 in 128 l.
- The Cantar Laidin is in Cania gross 100 l.
- The hundred Mina is in Cania sotile 221 l. in 223 l.
And note, that the Commodities transported for Merchandize are the same as is above rehearsed in Candia.
[Page 85] Aegypt weight compated with Brussia, Natolia. Aegypt is thus found to accord in weights with Brussia in Natolia.
- The Cantar Zera is in Brussio 1 Cantar 77 Rotolos.
- The Cantar Forfori is in Brussia 82 Rot.
- The Cantar Laidin is in Brussia 1 Cantar 14 Rot.
- The hundred Meno is in Brussia 1 Cantar 42 Rotolos.
And note, That from Brussia is sent to Aegypt, Wax, Honey, Carpet, Silk, Civet, and other Com [...]odities, and from Aegypt those Commodities mentioned heretofore.
Aegypt weights compared with Constantinople. Aegypt is thus found to accord with Constantinople in Weights.
- The Cantar Zero is in Constantinople 1 Cantar 77 Rotolos.
- The Cantar Forfori is in Constantinople 82 Rot.
- The Cantar Laidin is in Constantinople 1 Cantar 14 Rot.
- The hundred of Meno is in Constantinople 1 Cantar 42 Rotolos.
And note, That the Commodities accord with the precedent of Brussia.
Aegypt weight compared with Corfu. Aegypt is thus found to accord with the Island of Corfu.
- The 1000 l. sotile Corfu is in Aegypt 4 Cant. 27 Rot. Zero.
- The Cantar Forfori is in Corfu sotile 108 l.
- The Cantar Laidin is in Corfu sotile 150 l. gross 126 l.
- The hundred Meno is in Corfu sotile 187 l.
- The Cantar Zero is in Corfu sotile 234 l.
And note, that from Aegypt to Corfu, and the parts adjoyning, is sent Cassia, Pepper, Cloves, Cinnamon, and some other Spices, Sugars, Rice, Flax, Oxe and Buffello-hides, and other Commodities of Aegypt; and from Corfu is sent to Aegypt, Wax, Honey, &c.
Aegypt weights compared with Rhagusa in Slavonia. Aegypt is thus found to accord with Rhagusa in Slavonia.
- The Cantar Forfori is in Rhagusa 120 l.
- The Cantar Laidin is in Rhagusa 166½ l.
- The Cantar Zero is in Rhagusa 163 l.
- The hundred of Meno is in Rhagusa 208⅓ l.
The Commodities are the same as above mentioned in Corfu.
Aegypt weight compared with Catarro in Dalmatia. Aegypt is sound in weight to agree thus with Catarro.
- The Cantar Forfori is in Catarro 108 l.
- The Cantar Zero is in Catarro 234⅓ l.
- The Cantar Laidin is in Catarro 150 l. gross 126 l.
- The Cantar Meno is in Catarro 187 l.
And note, that the Commodities are the same as is mentioned in Corfu.
Aegypt weights compared with Spollato in Istria. Aegypt is found to agree with Spollato thus in weight.
- The Cantar Forfori is in Spollato 144 l. sotile.
- The Cantar Laidin is in Spollato sotile 200 l. gross 126 l.
- The Cantar Zero is in Spollato sotile 312 l. in 316 l.
- The hundred Meno is sotile Spollato 250 l.
Note, the Commodities are the same mentioned in Corfu and Gulf of Venetia.
Aegypt weights compared with Ancona. Aegypt is found in weight thus to agree with Ancona.
- The Cantar Zero is in Ancona 268 l.
- The Cantar Fofori is in Ancona 124 l.
- The Cantar Laidin is in Ancona 172 l.
- The hundred Meno is in Ancona 215 l.
And note, That the Commodities of Aegypt are nominated before, and from Ancona is sent to Aegypt, white Soap, Oyls, Nuts, and the common Commodities of the Kingdom of Naples.
Aegypt weights compared with Apulia. Aegypt is found in weight to agree with Apulia thus.
- The Cantar Zero is in Apulia 1 Cant. 7 Rot.
- The Cantar Forfori is in Apulia 48 Rot. or 155 l.
- The Cantar Laidin is in Apulia 68 Rot. or 188 l.
- The hundred Meno is in Apulia 85 Rot. or 235 l.
These weights are found in this manner also to agree with Naples, and hath the Commodities transportable for Merchandize, as is mentioned before in Ancona.
Aegypt weights compared with Sicilia. Aegypt is found in weight thus to agree with Sicilia.
- The Cantar Forfori is in Sicilia 55 Rotolos or 138 l.
- The Cantar Forfori is in Sicilia 1 Cantar 29 Rot. or 300 l.
- The Cantar Laidin is in Sicilia 77 Rot. or 192 l.
- The hundred Meno is in Sicilia 96 Rot. or 240 l.
And note, That from Sicilia is sent to Aegypt, Melassus of Sugars, Nuts, Cheese, and Brimstone, Pumice-stones, and from Aegypt is sent to Sicilia the Commodities above-named of Aegypt.
Aegypt weight compared with Tunis and Tripoli in Barbaria. Aegypt is found to agree with Tunis and Tripoli in Barbary thus.
- The Cantar of Tunis is 1 Cantar 17 Rotolos Forfori.
- [Page 86]The Cantar Forfori in Tunis and Tripoli 85 Rotolos
- The Cantar Laidin is in Tunis and Tripoli 1 Cantar 19 Rot.
- The Cantar Zero is in Tunis and Tripoli 1 Cantar 84 Rot.
- The hundred Meno is in Tunis and Tripoli 1 Cantar 47 Rot.
And from Aegypt is sent to Tunis and Tripoli some sorts of Spices, as Pepper, Cloves, Cinnamon, Cassia, Benjamin, Musk, Ambergreece, Civer, Storax, Camphora, Flax, and such like. It resteth yet to make the knowledge of these several weights in themselves perfect, that I should shew what Commodities are weighed by each of them, and afterward shew in brief how they are found to accord with other principal places of Traffick not here above-mentioned.
The agreement of the Cantar Forfori with other Countries.The Cantar Forfori is the weight wherewith in Aegypt Merchants do buy and sell Pepper, Ginger and Green Ginger, Lache, red and white Sandal, Incense, Myrrhe, Zedoaria, Gum Arabick, Semensine, Assa faetida, Mirabolans, Indico, Sugars of all sorts, Sal Armoniack, Elephants Teeth, and the like; agreeing thus with other Countreys of Trade.
Cantar Forfori, that is, 100 Rotolos is in | Rhodes | 17½ | Rotolos. | |
Cyprus | 18⅔ | Rotolos. | ||
Petras | 108 | l. | ||
Salonica | 109 | l. | ||
Zara | 116 | l. | ||
Fiume | 140 | l. | ||
Ancona | 120 | l. | ||
Riconati | 223 | l. | ||
Pesaro | 124 | l. | ||
Arminio | 116 | l. | ||
Lansano | 123 | l. | ||
Apulia | 132 | l. | ||
Acquila | 124 | l. | ||
The Cantar Forfori of Aegypt, is in | Sicilia | 134 | l. | which are 54 Rotolos. |
Calabria | 131 | l. | which are 47 Rot. | |
Naples | 121 | l. | which are 47½ Rot. | |
Rome | 117½ | l. | ||
Florence | 112½ | l. | now all one | |
Pisa | 124 | l. | ||
Genoa sotile | 133 | l. | ||
Lucca | 123 | l. | ||
Bolonia | 116½ | l. | ||
Millan | 129 | l. | ||
Cremona | 132 | l. | ||
Piedmont | 129 | l. | ||
Geneva | 88 | l. | ||
Lions | 98 | l. | ||
Avignon | 102 | l. | ||
Barcelona | 98 | l. | ||
Majorca | 100 | l. | ||
Marselia | 105 | l. | ||
Valencia | 120 | l. | ||
Sevil | 90 | l. | ||
Lisbon | 79⅓ | l. | ||
Bona and Bugia | 83⅓ | Rot. | ||
London | 81 | l. | ||
Bruges | 92 | l. |
The agreement of the Cantar Meno with other Countries.The weight called Meno is accounted by Hundred, and not by the Cantar, which is also peculiar to some Commodities only, and thereby is weighed Cloves, Maces and Fust of Clove [...], Nutmegs, Cinnamon, Cubebs, Long Pepper, Aloes, Epatica, Boras, in past and in gain, Cardamon, Spikenard, Costus, sweet and bitter, Sarcacole, Armoniac, Opponax, Storax, Calamint, Turbit, Spodium, Ermodatili, Mumia, Benjoin, Laccia, Euphorbio, Lignum Aloes, Rhubarb, Manna, and other such like are sold by this weight, the hundred whereof make of the Cantar Forfori 180 Rotolos, and makes in [Page 87]
The 100 Rot. Meno doth make in | Venetia soteli | 250 | l. |
Petrasse | 184 | l. | |
Corfu | 187 | l. | |
Rome | 211 | l. | |
Ricanti | 220 | l. | |
Lanfano | 215 | l. | |
Acquila | 223 | l. | |
Fermo | 223 | l. | |
Rhagusa | 208 | l. | |
Piedmont | 229 | l. | |
Savoy | 157 | l. | |
Avignon | 181 | l. | |
Marselia | 187 | l. | |
Majorca | 179 | ℞ | |
Granado | 148 | l. | |
Sevil | 158 | l. | |
Lisbon | 142 | l. | |
Tunis | 148 | l. | |
Salerno | 135 | l. | |
Ancona | 215 | l. | |
Pesari | 220 | l. | |
Bolonia | 208 | l. | |
Florence | 219 | l. | |
Milan | 229 | l. | |
Cremona | 232 | l. | |
Genoa | 238 | l. | |
Verona | 225 | l. | |
Geneva | 157 | l. | |
Lions | 175 | l. | |
Paris | 169 | l. | |
Barcelona | 178 | l. | |
Valencia | 208 | l. | |
Cades | 164 | l. | |
Tripol. Barb. | 148 | l. | |
London | 166½ | l. | |
In Flanders | 173 | l. |
The agreement of Cantar Zero with other Countreys.The next is the Cantar Zero, by which is sold Cassia and not any other Spice, also Tin, Lead, Brass, and some other Commodities, the which is found to make in
The Cantar Zero doth make in | Venetia gr. | 200 | l. |
Venetia soteli | 316 | l. | |
Salonica | 177 | Rot. | |
Petrasse | 140 | l. | |
Fiume | 312 | l. | |
Pulia | 108 | l. | |
Lansano | 268 | l. | |
Ricante | 275 | l. | |
Pesaro | 275 | l. | |
Barcelona | 219 | l. | |
Majorca | 223 | ℞ | |
Valencia | 227 | l. | |
Sevil | 198 | l. | |
Lisbon | 250 | l. | |
Tunis | 186 | ℞ | |
Rome | 266 | l. | |
Ancona | 268 | l. | |
Florence | 273 | l. | |
Genoa | 297 | l. | |
Lucca | 276 | l. | |
Millan | 287 | l. | |
Sicilia | 120 | l. | |
Piedmont | 287 | l. | |
Marselia | 231 | l. | |
Cades | 200 | l. | |
London | 223 | l. | |
Flanders | 215 | l. | |
Tripol. Barb. | 116 | ℞ | |
Granado | 178 | ℞ |
And this is as much as I have collected concerning the several Weights of Aegypt used constantly in Cairo, Alexandria, Damietta, and other principal places of that Countrey, which by reason of the diversity, as being fourfold, have proved the more tedious and intricate; wherein if Error be found by the trial of him that shall have cause to make an Experiment, I shall (I hope) find the more favorable construction of this my pains taken, wishing that I could have thus enlarged my self in the Measures of these Countries, and the agreement thereof with the other places before-named, wherein (being defective) I must crave to refer the Reader to him that is herein better acquainted, and therefore next to the Coins current.
Coins current in Aegypt.The Coins current of this Country are in Traffick of Merchandize, partly foreign, and partly domestick; the foreign is the Spanish Ryal of Eight, which they call here the Piastre and Dollar, and worth in common 80 and sometimes 90 Aspers, which is the domestick Coin of this Countrey, and the Maidin which is the common Silver Coin of all the Grand Signiors Dominions. Three A or Aspers make a Maidin, and 30 Maidins make a Dollar; the Gold Coin, here is the Soltane, Xeriffe and Chequeen, all of one value, little differing, accounted 8 shillings Sterling; but rising and falling in Aspers according to the plenty of Gold.
The Accompts kept in Aegypt.Their Accompts are here diversly kept, the Inhabitants for the most part accounting by Aspers 80 Aspers to a Dollar; and some by Ducates of Pargo, accounting that three Ducates of Venice make one Ducate of Pargo; besides which, there is also in use an Italian Ducate 10 per cent. less.
The Cusloms of Alexandria, Damietta and Aegypt.The Customs of Alexandria, Damietta and Rosetta is 10 per cent. as I noted before, upon all Commodities inward and outward, and paid in kind or Species, but upon Moneys brought in it is only ½ per cent. and very strictly lookt into and exacted, but the Bashaw governing here for the Grand Seignor, being ever a principal man, and far remote from the Imperial [Page 88]Port of Constantinople, lays in many Towns of this Kingdom what custom he pleases; and though it be held now to be but 10 per cent. which is the old and ancient Custom of Aegypt, yet the Merchant that tradeth here, shall find ere his Goods be sold, and the Moneys in his Purse, accounting the Consoledge and other Duties, to be adove 22 or 23 per cent. the place being much subject to Anuenus and Mangaries, and the Custom-house being farmed to Jews, add thereto the greatest deceit they can possible to raise the daily Customs of the place, Alexandria it self paying in this manner 20 thousand Medins a day by Farm, 54750 l.which at the rate of 30 Medins to a Ryal of [...]/ [...] Spanish, and the Ryal of [...]/ [...] accounted at 5 shillings Sterling, amounteth to 54750 l. per annum.
I should in the next place Survey the general Trade of Aegypt, as it is observed and found to be at this day, but by reason I have in many places of the before-mentioned Chapters particularly handled the principal parts thereof, and noted the most eminent Nations that at this present do hither Traffick, I shall the more willingly pass over the same in silence, and only now observe, that besides the French and Venetians, not any other European Christians are found here to traffick, and the English have given over all Trade into this Countrey, by reason they are furnished with all the Commodities that this place did formerly yield, at the first hand from India, and what else they want, being Commodities either of Arabia or Aegypt, they furnish themselves from Aleppo, where many English are resident: But here are found Consuls for both the Venetion and French Nations, which continue still some Trade hither, as indeed more proper for them, wanting the Trade of India which the English enjoy, of which I have made mention before, and therefore leaving Aegypt, and with it the firm land, I shall take leave now to view the Islands that belong to Africa by modern Cosmographers.
CHAP. XXXV. Of the Island of Madagascar.
Madagascar.I Find belonging to Africa many Islands, which are found to afford many notable Commodities for Merchandize, which for brevities sake I will only touch, that the Factor may know whence those Commodities do come which are found amongst us. Madagascar, Otherwise S. Lawrence.otherwise called the Island St. Lawrence, giving name to a Town, the principal of that Island, was discovered by the Portugals Anno 1506: The Inhabitants willingly permit no man to land upon their Countrey for traffick sake; it yieldeth Cloves, Ginger, and some Silver, to the Inhabitants own use, but not for Exportation, and their Moneys in use are the Gloss-Beads of Cambaia, which in Merchandize and Barter currently pass amongst them.
CHAP. XXXVI. Of the Island of Zocotara.
Zocotara.THE Island of Zocotara lieth in the mouth of the Red-Sea, 10 degrees North from the Equator, wherein the Portugals have fortified two Towns for Traffick; it is replenished with Drugs for Physick, and especially, with that so excellent and well known in Christendom, by the name of Aloes Zocatrina, which is sold there by a Quintal, which (by observation) makes in England 93 l.
CHAP. XXXVII. Of the Island of Saint Thomas.
St. Thomas.SAint Thomas Island lieth just under the Equinoctial Line; the prime City is Povoasan, Inhabited principally by Portugals and Negro's, abounding only in Sugar, which here groweth in Canes, and are made so that yearly 50 great Ships are here laden with that Commodity for Spain and Portugal, whereto I am not able to add any other material point of Trade, because of my ignorance therein.
CHAP. XXXVIII. Of the Islands of the Canaries, and the Trade thereof.
Canaries.THese Islands are seven in number, and under the command of the Spaniard, formerly called The Fortunate Islands. They abound in Sugars, whereof great quantity of Marmalade, and other Conserves are made; in Birds, which hereof take their names, excellent in Singing; in Wines, which hence are known by these Islands names, excellent in taste; and in Woad, found excellent for dying.
The Trade thereof.To these Islands is now found and practised some small Trade by the English; to which place they import some Seys, Serges, Bays, Linnens, and such like, and export thence Woad, and Sugars and Wines of the growth of these Islands; which last is vended thence into England and Holland above two thousand Tuns yearly, to the great inriching of the Inhabitants.
Weights, Measures, &c. concur with Sevil.Their Weights, Measures, and Coins, are altogether concurrent with the Weights, Measures, and Coins current in Sevil, to which place it was annexed by the Spaniards the first discoverers, therefore I shall not need to say ought here further thereof.
CHAP. XXXIX. Of the Assores, commonly Tercera Islands.
Island A [...] called Tercera.THE Tercera Islands were first discovered by the Flemmings, and a while bare their names; upon which is placed the Meridian Line, dividing the East from the West part of the World; it only aboundeth in Oad or Woad used by Dyers, and is now in the hands of the Spaniards, and in special use to them in their Voyage to the East or West-Indies, and affording them for refreshment good Water, and store of Goats flesh. Other matter of Trade it affordeth not; therefore this shall serve to have said of the Islands, willingly omitting the Hesperides, the Gorgades, the Princes Islands, and others of lesser moment, and proceed in my MAP to view the Trade of ASIA, somewhat better known to us than AFRICA.
OF ASIA, AND THE Provinces and Cities of Trade THEREOF.
CHAP. XL. Of ASIA, and the Provinces thereof.
Asia. ASIA, the Third Division of the World, is separated from EUROPE by the Egean Propontis, and Euxine Sea, by Paulus Maeotis, Tanais, Duina; and from AFRICA by the Red Sea, and the Aegyptian Isthmus, as I remembred in the beginning of this Work. Five notable things in Asia.Five notable things have made this Country famous, and have given it the Garland of Supremacy over all the other parts of the World. First, the Creation of Mankind: Secondly, the Birth of our Saviour; his Miracles wrought, and place of his sufferance: Thirdly, the Actions memorized by the holy Pen-men of the Old and New Testament: Fourthly, the famous Monarchies of the Babylonians, Assyrians, Persians and Medes: And Fifthly, being the common Mother of us all, from whence innumerable troops of men issued to people the other parts of the uninhabited World, of which see other Authors further at large.
The Principal Regions of ASIA, are,
- 1. Anatolia.
- 2. Syria.
- 3. Palestina.
- 4. Armenia.
- 5. Arabia.
- 6. Media.
- 7. Assyria.
- 8. Mesopotamia.
- 9. Chaldea.
- 10. Persia.
- 11. Parthia.
- 12. Tartaria.
- 13. China.
- 14. India.
- 15. The Islands thereof.
And of these in brief according to my first intention.
CHAP. XLI. Of Anatolia, or Natolia in general.
Anatolia. ANatolia is limited on the East with the River Euphrates; on the West with Thracius Bosphorus, Propontis, Hellespont, and the Egean; on the North with Pontus Euxinus; on the South with the Rhodian and Lycian Seas. In this Country was anciently accounted 4000 Cities and Towns, those seven famous amongst the rest, to whom St. John dedicated his Revelation; but now the ruines of them are hardly to be seen, and the Provinces that are found in this Region are these: First, Cilicia; Secondly, Pamphilia; Thirdly, Lycia; Fourthly, Caria; Fifthly, Ionia; Sixthly, Lydia; Seventhly, Molis; Eighthly, Phrygia minor; Ninthly, Phrygid major; Tenthly, Bithynia; Eleventhly, Pontus; Twelfthly, Paphlagonia; Thirteenthly, Galatia; Fourteenthly, Cappadocia; Fifteenthly, Lycaonia; Sixteenthly, Pisidia, and Armenia major. Of these in order.
CHAP. XLII. Of Cilicia, and the Cities thereof.
Cilicia and the Cities thereof. CIlicia is not found at this day to have any Town of note or consequence in it, save Alexandria, built by Alexander the Grea [...]; Scanderone, or Alexandretta.and to distinguish it from, Alexandria in Aegypt, is named Alexandretta, now known to [...] by the name of Scanderone, a famous Haven Town, serving for the scale to Aleppo, for all such shipping as come thither, either out of the Ocean or Mediterranean, and where the English, French and Venetians have their Vice-Consuls to protect their Merchants Goods and Ships, and where all Merchandize are either landed or laden that go to or from Aleppo; of which, it will be more proper that I enlarge when I come to speak of Aleppo, which is seated in Syria, as I shall shew hereafter.
CHAP. XLIII. Of Pamphilia, Lycia, and Caria.
Pamphilia, Lycia, and Caria.ALL these have not any thing now worthy note in them, conducing to Trade and Merchandizing, save the abundance of those Goats, upon whom grows that Wooll whereof is made the Chamlets and Grograms, of which I shall have cause to speak more at large, when I come to treat of the Trade of Angora; and in the interim it is to be noted, that these Provinces having lost their former names, are now known to us by the name of Garamania, and are at this present under the command of the Grand Signior.
CHAP. XLIV. Of Ionia, and the Cities thereof.
Ionia, and the Cities thereof. Ephesus. IOnia is the next Province, wherein is that ancient famous City of Ephesus much ruined from its ancient recorded beauty, famous for the direction of an Epistle by Saint Paul to the Inhabitants hereof: famous also for the Temple of Diana: and lastly, famous for the burial of St. John the Evangelist, who went here alive into the grave. But this City is now become a poor Village, and retains no monument of her pride, that I could find in Anno 1624. but a porch of a Graecian Church of black Marble, wherein is excellently engraven the life of our Saviour Christ, much admired by all Artists.
Smyrna.But now the only City of Trade in this Province is Smyrna, one of the places that strove for the birth of Homer, and wherein was found one of those Churches whereto St. John dedicated his Revelation, seated in the bottom of a Bay or Gulph, known to our Seamen by the name of the Gulph of Smyrna; and where there is a Consul resident for the English, as also for the French and Venetians to protect their Merchants and Trade, where in Anno 1619. in matter of Traffick, I noted these things.
CHAP. XLV. Of Smyrna, and the Trade thereof.
Smyrna, and the Trade thereof.THE principal Trade of this City was within these few years transported hither from the Island Scio, where the Consuls abovesaid had their residence, and from thence are intitled Consuls of Scio and Smyrna, but by reason that scale both for sales and investments had then a dependency upon this, it was found more proper and less chargeable to remove their abode and warehouse hither, and by that means this became the principal Port, the goodness of the Harbour much furthering the same, being both under the command of the Grand Signior, and within these latter years much inriched by the trade of English, French, and Dutch; the Venetians drive great trade here under French Colours still.
Commodities of Smryna.The Commodities that are found here to abound, and that are hence transported into other Countries of Christendom, are Cotton Woolls, which in great plenty grow in the adjoining Plains of this City; also Galls for Diers, Anniseeds, Cordovants, Wax, Cotton, and Grogram Yarn, Cute, Carpets, Grograms, Chamlets, M [...]hairs, and some Fruits and Drugs; raw Persia Silk is likewise hither brought by Land from Persia; and all other Commodities found in Turky, or of that [Page 93]growth is here to be had, and the Commodities here vended from England are Cloths of Suffolk, Essex, and Glocester, Kersies of Yorkshire and Hampshire, Lead, Tin, Callicoes, Pepper, Indico, and other Spices, which within these late years we had formerly from this and other places of Turkie, and which now, by the commodity of the East-India Trade and Navigation, we carry to them; and from Venice is brought some Cloth, Paper, Silks, Velvets, &c. and from France some few Cloths and Paper, &c. great store of Bullion, which never returns into Christendom more, carried the greater part by the Armenians and Persians to their native Countries, and there melted down into a light Standard.
The Coins of Smyrna, and Accompts.The Coins current of Smyrna are those of Constantinople, and generally those of all that Empire, which I shall shew when I treat of that City, and for that cause here omit it; and their Accounts they also keep here in the same nature with them, and therefore refer you to that place in both these Particulars.
Weights usual of Smyrna.The Weights of Smyrna and Scio, for they agree both in one, is the Quintar, which contains 100 Rotolo's, or 42 Oaks, and every Oak being 400 drams, and every Lodro being 176 drams, and the pound Averdupois hath been found to be 148 drams, and the Quintal of 42 Oaks above-said, which produceth 119 l. English, but in many Commodities it is found to answer but 117 l. so that in circa 9¼ drams is 1 ounce English Averdupois.
They have here in use two Measures, one for Linnen and another for Woollen, but because they nearly agree with Constantinople, I will refer the same to that place.
Measures of Smyrna and Scio Customs of Smyrna and Scio by the English.The Customs paid by the English here and throughout all Turkie, by virtue of their Capitulations with the Great Turk, is only three per Centum; and oftentimes the Custom house of Scio and of Smyrna is in one mans hands; and though by their Capitulations it is so agreed, that those Goods that have once paid Custom in one port, should not pay any more being thence Exported to any other place of his Dominions, and that Commands have been granted to that end by the Grand Signior at several times; yet the justice of that Countrey is so defective in this particular, that the Commodities landed in Smyrna, and paying their three per Centum, and afterward transported to Constantinople, pay there again another three per Centum, or compound with the Customer, which somtimes is done at 1½ per Centum, and sometimes at less: By Venetians and French. Note, that here, as in all parts of Turkie, the Venetians, French and Dutch pay five per cent. two per cent. more than the English, which is grounded upon their Capitulations with the Emperour.
Port-charges of a Ship.The Port-charges of clearing a Ship in Smyrna is paid in Commodities of our Country, and was to that end thus at first regulated; but since converted into payment by mony, as to the Cadie who is to have five Pico of Venice Cloath, and a bundle of Cony-Skins for a vest, which in the infancy of our English Trade was here found to be much requested.
The Cadies Servant to have 3½ Pico English Cloath.
The Cadies Caya to have 3 Pico of Ditto.
The Cadies Scrivan to have a Chicquine in Gold.
The Cadies Pages to have 2½ Dollars.
The Mosur Eashaw to have 1½ Pico Cloth.
The Cadies Janisaries to have a Chicquine.
All which Charges amount in circas to 68 Dollars.
To conclude, The Trade of this Port is most noted for the abundance of Cottons, which hence is transported to England, France, Holland, and Italy, estimated yearly to be about 20000 Quintals, and is found here to grow in the adjoining Plains, which they do sow as we do Corn, the stalk being no bigger than that of Wheat, but stronger and tougher, bearing a head round and bearded, and hard as a stone, which when it is ripe it breaketh, and is delivered of a soft white Bombast or Cotton mixed with Seed, which they separate with an Instrument, selling the Wooll, but reserving the Seed for the next Harvest. See more of this Trade in Cyprus and Constantinople, to which I refer the Enquirer.
CHAP. XLVI. Of Lydia, Eolis, Phrygia Minor and Major.
Lydia, Eolis, Phrygia.ON the North-East of Ionia is Lydia, famous only for the two Rivers, Castrus abounding with Swans, and Meander with Windings, from hence termed Meanders; The first Merchants.and if some Authors may be worthy of credit, the Natives were anciently the first known Men that gave beginning to Merchandize, and exercised buying and selling, and proved the original of the Tuscans, whose supream Duke continues the same to this day, and is one of the greatest and most eminent Merchants in the World.
In Eolis are seated the two Misia Provinces, which hold not any thing note worthy.
Minor.In Phrygia minor is not found any thing at present worthy in Trade to stay the course of my [Page 94]Pen; Troy's ruines ruin'd.it affordeth the place where the ancient and famous City of Troy was seated, which cost the Grecians ten years Siege to take it, with the loss of 860000 Trojans, and 666000 Grecians; but in Anno 1620, I hardly saw the relicks of this mighty Fabrick, though I traced it for many miles, and gave ear to all the ridiculous fables of those poor Grecians that inhabit thereabouts in many Villages which lie within the compass of her ancient walls, from Mount Ida to the River Scamander, now only a Brook not two foot deep; so that, what Ovid said of old; I found by experience verified, Jam seges est ubi Troja fuit, &c.
Major. Gardion. Midium.In Phrygia major, doth not remain any thing note worthy, save a remembrance that Gordion the seat of Gordius was here found in Alexander's time who cut that knot with his Sword which he saw he could not otherwise undo; also Midium, the seat of Midas, whose covetous petition was granted by Bacchus, to convert all into Gold that he handled, and so had like to have eaten Gold for Meat, had not his after-wit mastred his covetous appetite, and made him to his repentance see his error, and acknowledge it; and falling again to a second oversight in judgment, as the first was an error in desire, he preferred Pan's Pipe before Apollo's Harp, and was rewarded for his small skill in Musick with a comely pair of Asses Ears: Colosso.also in this Province stood Colosso, to whom St. Paul writ one of his Epistles; and Pessinuns, where the Goddess Cybele was worshipped, which being brought into Rome, would not stir further than the entrance of the River Tyber, which the Romans much wondred, because the Dominion of the World was prophesied to that City that had the custody thereof; but the Vestal Claudias Girdle performed that which all the strength of Rome could not, and she haled up both the Ship and Goddess, to the wonder of the Citizens at that time, and of all the World ever since, though far greater miracles are found to be reported of that City, and the holy Inhabitants thereof at this day, if the said reports might gain that credit now, as this miracle then did.
CHAP. XLVII. Of Bithinia, and the Cities thereof.
Bithinia, and the Cities thereof.ON the North-side of the Phrygias is seated Bithinia, which is famoused, First, for the Victory of Alexander against the Persians, of whom he slew 20000; Secondly, for Mount Stella, where Pompey overthrew Mithridates; and Tamberlain with 800000 Tartarians encountred Bajazet with 500000, where 200000 lost. their lives, and Baja [...]et in his pride of heart taken and pen'd up in an Iron Cage, against whose bars he beat out his brains; Thirdly, for Nice, where the first General Council was held Anno 314, to repel the Arrian Heresie; and, Fourthly, Chalcedon, where the fourth General Council was assembled to repel the Nestorian Heretie, where yet in Anno 1620, the Inhabitants do shew to strangers the place of this Assembly by tradition in manner of an Oval Circle built purposely for this occasion; and Lastly, here is Bursis, by some Prusa, the seat of the Ottoman Kings in Asia till they gained Adrianople in Europe, which was done by Mahomet the First: Of the Trade thereof, a word in my passage.
CHAP. XLVIII. Of Bursia in Bithinia, and the Trade thereof.
Bursia, and the Trade thereof. BURSIA seated in the bottom of a Bay, known to the Turk by the name of The Gulph of Bursia, being a fair City, and anciently the Seat of the Mahometan Kings, is now inhabited by Turks, Jews, and Greeks; who by reason of their neighbourhood, and in the way from Smyrna to Constantinople for Land-Travellers, is found to have some Merchants of quality, and affordeth quantity of Persian Commodities, as brought hither from Eusdrom, and other bordering Towns of Armenia and Persia, principally occasioned by the Immunities that have been granted by several Princes that have here resided, to the Inhabitants thereof: but because the Venetians are found at present to be the prime traders hither, it will not be amiss that for the weights and measures of the place we should by ruled by their observations, which thence may easily be reduced to ours.
Commodities of Bursia.Their Commodities afforded to foreign Countries are the same as Constantinople, only some Fabricks I have seen to have been in my time there made of Silks by Moors that have been banished out of Spain, and come hither to reside, as Damasks, Taffeta's, and Strip'd Stuffs, and such like; also Commodities which the earth hath produced, as Anniseeds, Galls, and Sugars.
Coins and Weights of Bursia.Their Coins are the same current in Constantinople.
100 Rotolos make Venice sotile 176 l. and Venice gross 112 l.
The Ocha of Bursia is Venice sotile 4 l.
[Page 95]The Rot. of Bursia is Venice sotile 9 ounces, and gross 1 l. 1 ounce 1½ h.
The 100 drams make sotile Venetia 1 l. which is 72 metalichi.
The 100 Kilats of Turkey make in Venetia 87½ Kil. Gold weight 7 metalich. makes ounce 1 Gold weight in Venetia.
And by the English the same is observed to be within 2 per cent. to agree with the weight of Constantinople, as shall be shewed hereafter.
Measures of Bursia.There are found here several Picoes, which with the Brace of Venetia is found thus to agree.
Braces 100 of Cloth, Scarlet and fine Cloth makes 108 Picoes Cloth here.
Braces 100 of course Cloth common makes 114 Picoes in Bursia.
Braces 100 of Cloth of Gold makes in Bursia 102 Picoes.
Braces 1000 of Linnens is found to make in Bursia 772 Picoes.
And this is noted to be a greater Pico than the rest: but by the observation of some English they find only 2 Picoes, one for Cloth and the other for Grograms, and do agree with those of Constantinople.
Customs of Bursia.There is no Custom due upon Goods in Bursia, it being accounted an Inland Town; but if sent thence to Smyrna or to Constantinople, and exported out of the Grand Signior's Dominions, it is liable to a Custom, according to the Capitulations or Privilege granted to that Nation that transporteth the same: but if those Commodities bought in Bursia being carried to Smyrna or Constantinople, and there sold, it payeth no Customs, but a small Duty for Registring, and quitting at the Custom-houses of both the said places, as hath been practised by divers Merchants. In this Town of late years some English have resided, and do find a fair and friendly quarter with the Inhabitants; but they are accounted as Subfactors to those resident in Constantinople and Smyrna, therefore I shall not need to say further of this place.
CHAP. XLIX. Of Pontus, and the Cities thereof.
Pontus.ON the North-side of Bithinia is Pontus, wherein is found the Ruines of Tomos to which Ovid was banished, and Pithius, where Chrysostom lived in exile: here also ruled Mithridates, who for 40 years withstood the Romans, not more excellent in War than Learning and Memory, who spake 22 Languages, and invented that Counterpoison for him named Mithridate; and who at last by the Rebellion of his Son, and the Valour of L. Sylla, Pompey's Pillar. Lucullus and Pompey, was vanquished; the last of which erected a Pillar upon a small Island at the entrance of the Black or Euxine Sea, which at this day is known by his name, and shewed by the Inhabitants to Strangers as a Trophy of his Victories in these Parts.
CHAP. L. Of Paphlagonia and Galatia, and the Cities thereof.
Paphlagonia and Galatia.IN Paphlagonia I find not any City notable for Trade, or other thing note-worthy: and as for Galatia, it is observed that to the People of this Province did St. Paul dedicate one of his Epistles; Angora.and here is also seated the City of Ancira, now commonly Angora, famous for the infinite store of Grograms, Mohairs, and Chamlets, that are made here and sabricated, and from hence transported to Constantinople, being 16 days Journey distant; and to Aleppo, having a like remoteness; and from thence again Exported into all the Countries of Europe.
In this place the Venetians have a Factory to provide them the said Commodities, and the English in imitation thereof about 1624. did first send thither two Factors from Constantinople, to furnish themselves with these Commodities at the first hand: Grograms Trade.but some of the Yarn, called hence Grogram Yarn, (and not Camels Hair, some vainly conceive) being lately brought into England, ingenious Workmen were here found that invented therewith Tames, and many other Stuffs, to the great decay and prejudice of the Grogram Trade of this Country, and of such as lived thereupon in Angora; whereupon the Inhabitants in Anno 1630. petitioned the Duana of Constantinople, that this Yarn might not be Exported out of the Kingdom until it were put into work, and made into Stuffs, which was granted them; but the Farmers of the Grand Signior's Customs at Constantinople conniving thereat, and suffering the same to be Exported, paying double Custom, which is 6 per Cent. and so it continued till 1634. at what time a second stricter Prohibition with Consiscation was proclaimed and nearly look'd into, so [Page 96]that what quantity is now found to come thence, is by indirect means, and not otherwise, if possible thereby again to give life to the Grogram Trade, and the makers thereof in these parts.
There was of late years an offer made by the Venetian Ambassadors resident at Constantinople, to Export 500 of the Goats that bear this Wooll to Venetia, thereby in time to bring this Commodity in request in their Signiory; but the Turks perceiving their drift, denied the same, lest his Subjects and Country might futurely be deprived of the benefit of so excellent a Commodity: had our Ancestors foreseen the like discommodity that would have ensued by the Exportation of English Sheep into Spain, it may be conceived it would never have been in those days permitted.
Weights and Measures of Angora.The Weights and Measures of this place are the same as are found in Constantinople, the Gregram Pico having from this Town its original, and is the proper Pico of this Country and City; whereby all Grograms, Mohairs, and Chamblets, are measured and sold throughout all Turkey, and is in Grograms found in England to answer proportionally as 24 Pico, being a piece of ordinary Grograms to make 16 Yards London: for their Moneys and Accounts, they are found to be the same as in Constantinople; vide there.
CHAP. LI. Of Cappadocia, and the Cities thereof.
Cappadocia.ON the East-side of Galatia is Cappadocia, the chief City is Erzyrum, situate on the Confines of Armenia, being held the rendezvous for the Turkish Militia in their expeditions to Persia, and the place where when the War is ended they are dismissed; here is the entrance into the Dominions of the Grand Signior, and though Wars happen between the Turks and the Persians, yet these barbarous Nations are so careful of Merchants, and the preservation of Commerce, that the Merchants of both Countries, though otherwise the Provinces be at variance, may here enter and transport their Merchandize into one anothers Country, paying a small Custom as acknowledgment to the Prince, carrying a Tescary or Certificate thereof with them to such other places whither they go, which in it self protects their Goods and Persons from danger or Confiscation, or other duties; so that it is an ordinary thing [...] see Persia Merchants with great Estates in Aloppo and Constantinople in the hottest of the Wars between their two Sovereigns, to the shame, and contrary to the custom of many Christian Princes, who first prey upon the Merchants that inhabit their Countries, making a War upon their Estates and Persons, before they meddle with, or haply hardly publish their intentions to their Sovereigns; the ancient Tibarenean Custom being now out of use in Christendom, who are said never to wage War against any Enemy, but they faithfully certified them beforehand both of the time and place of their intent and Fight; and as it may be conjectured, gave first a fair dismission to the Subjects of their Enemies, and consequently to their Merchants.
Amasia. Trabesond.Here is also Amasia; where the Grand Signior's eldest Son is seen to abide after his Circumcision, till the time of his Father's Death, and the beginning of his Reign: And Trabesond, formerly an Imperial Seat, now a small City seated upon the Euxine or Black Sea, having a reasonable good Harbour, and where the Grand Signior maintaineth certain Gallies to scour these Coasts: Here is found a great Trade in Summer for Fish, which to me did much resemble the English Herring, which they take upon this Coast in good quantity, and is by the Inhabitants, who are for the most part Armenians, pickled and salted, and so preserved and sent into Cassa, Constantinople, and other parts. Mineral Salt.Their manner of salting, and the matter wherewith is likewise as strange; for the Country affording not our common known Bay Salt, there is a Mountain within some leagues of this City, out of which with ease they dig a Stone, to the eye appearing black and no way transparent; but beaten in Marble Mortars with them in use, it becometh very white, and is found to preserve all Meats as well as Salt de Bay, and for Merchandize is carried thence to Constantinople and other Countries, and sold in the Stone unbeaten by the Rotolo, Oache, or Quintar.
In this Country did inhabit the Amazonian Viragoes; Penthesilia, one of their Queens, came with Troops to assist the Trojans; and long after, Thalestris, another of the Queens, came to Hircania to be Alexander's Bed-fellow, having now no memory extant of this Feminine Government.
CHAP. LII. Of Liconia, Pisidia, and Armenia minor.
Liconia, Pisidia. Armenia.IN Liconia is found the City of Iconium, the Regal Seat of the Aladine Sultans, the ruine of Lystra where Timothy was born, and Paul and Barnabas healing a Cripple, were adored for Mercury and Jupiter.
In Pisidia was the famous Battel fought between Cyrus and Artaxerxes, where Cyrus lost his life and the victory; and out of which Xenophon made that notable retreat with his Grecians, in despite of 20000 which followed him at the heels.
Ararat. Commodities of Anatolia.In Armenia minor is seated the Mountain Ararat, on whose top the Ark is said to rest after the Deluge. And thus much shall serve to have said of Natolia, which in general for Merchandize doth yield these Commodities; Galls, Carpets, Oyls, Wines, Cottons, Woolls and Cotton Yarn, Grograms, Grogram Yarn, Sheeps Wool, Hides raw and salted, and dry Cordovants, Aniseeds, Goats Wooll, Soap, Silk, Cummin-seed, Muscadines, Cute, Raisins, &c. And thus much in general of Natolia, which ere I leave, a word of Trabesond.
CHAP. LIII. Of Trabesond and the Trade thereof.
Trabesond. TRabesond, formerly the Seat of an Empire, now a Province of the Grand Seignior, is inhabited by Jews and Greeks, but principally by Armenians; the Coins are those common with all Turkey.
Weights in Trabesond.There is found in Trabesond in use two weights, one for Spices, Drugs, and fine Commodities, which is the same with the weight of Genoa, which they here brought into use in their great Trade into this City from Gallata Caffa, and other places subject in those days to their Government; the other for gross Commodities is the Rotolo, 100 whereof is the Cantar, agreeing with that common Rotolo of Constantinople, vide there more.
Measures of Trabesond.Their common measure is a Pico agreeing near with Constantinople, making about 26½ Inche [...] English.
CHAP. LIV. Of Syria in general, and the parts thereof.
Syria. SYria hath on the East Euphrates, on the West the Mediterranean Sea; on the South Palestine, on the North Cilicia, watered with Euphrates, which anciently passed through the Garden of Eden; Euphrates.and having its source in the Mountains of Armenia, running at this day by Babylon or Bagdet, disgorgeth it self into the Persian Sea, and Orontis which arising on Mount Libanus saluteth the walls of Silutia, and disembogueth in the Mediterranean, and is divided into three Provinces, viz. Phoenicia, Coelosyria, and Syrophoenicia; of which in order.
CHAP. LV. Of Phoenicia, and the Cities thereof.
Phoenicia, and the Cities thereof.IN Phoenicia is seated the City of Ptolemais, or Acris, or Acon, famous for so many Christian Armies that have in times past besieged it; and which likewise added same to our Kings, Richard Coeur de Lion, and Edward the first; in which place the Venetians and French have some Trade for Wax, Hides, Corn, Silk, and therefore following the Observations made by them in matters of weights and measures, I find the same to be thus accorded.
CHAP. LVI. Of Acria, commonly S. John de Acria, and the Trade thereof.
Acria and the trade thereof. ACria, being seated in the bottom of the Mediterranean, and now strugling with its own ruines, hath yet by reason of its small but commodious Harbour some Trade maintained by the French, but principally by Venetians; who in small Vessels coast these parts, and pick up some of the Astan Commodities out of these Villages and Towns bordering upon the Seacoasts, as both in this place, Tripoly, Sidon, &c. the agreements of their weights and measures observed by Venetians, I will insert.
Weights of Acria.The Cantar of Acria, commonly called by them the Cantar Tambaran, makes sotile in Venice 900 l. which produceth in England 603 l.
Measures of Acria. Rotolo 1 makes sotile pounds in Venetia 9 l.
Braces 100 of Cloth of Gold and Silk is in Acria 108 pic. Braces 100, of Cloth Woollen of Venetia is in Acria 115 Picos.
Coins.Their Coins are generally the same with all the Dominions of the Grand Signior, which I shall declare coming to treat of Constantinople the Metropolis of that Empire, and of Aleppo the principal City of Trade in this Country, therefore shall not need here to insist further thereupon.
CHAP. LVII. Of Sidon and the Trade thereof.
Sidon. SIDON is now limited within a narrower compass than its antient bounds, commanded by the Emir or Prince of the Drusians, the off-spring of Christians, but now hardly professing any Religion at all; it is seated upon the same shore as Acria, and where the French and Venetians maintain Consuls, and is better known to us than Acria: and where by their means al Western Christians find a reasonable favourable protection in their Trade.
Commodities of Sidon.The Country doth principally abound in Corn, which some years is hence distributed and dispersed to Marselia, Ligorn, and other parts of Christendom, with Galls, Wooll, Wax, &c.
Coins common in Sidon.Their Coins are principally Rials of 8/ [...] Spanish and Chickquins in Gold, the Rial accounted for 72 Aspers, and the Chickquin 108 Aspers, but the valuation alters according to the occasions of the state and course of traffick, therefore no great confidence can be given thereunto.
Weights of Sidon.Their weights is the Dram and Rotolo current in these parts of Asia, 650 drams, making the Rotol. 4 l. 5½ ounces English.
- Rotolos 100 is their Cantar qu. 433⅓ l. English.
- Rotolo 1 is accounted to make there also 12 ounces.
- Rotolos 110 makes Rotolos 100 common in Aleppo.
- Rotolos 115 makes Rotolos 100 common in Cyprus.
Measures of Sidon.Their measures are these —
In this Tract lies the place where Tyre was seated, now devoured by the incroaching Sea, of whose antient Traffick see the 66 Chapter; and also Sarepta, where Elias who had formerly lived in Mount Carmel nigh adjoyning, was sustained in a Famine by a Widow, whose Son he raised from death: other matters of consequence have not fallen out within my reading in this circuit, therefore hence I will travel to the next Province.
CHAP. LVIII. Of Syrophoenicia and the Cities thereof.
Syrophoenicia. SYrophoenicia hath been better beautified with Cities than now it is, the Wars of Princes and Time hath given a period to many, of which Antioch was famous both for being the Metropolis of all Syria, and the place where the Disciples of our Saviour were first called Christians, now nothing but the ruines to be seen upon those large Plains, which doth lead from Alexandretta to Aleppo; it comprehendeth the famous City of Baruti, which deserves a regard for the present Trade thereof.
CHAP. LIX. Gf Baruti and the Trade thereof.
Baruti and the trade thereof. BAruti formerly called Julia Felix, is a famous Mart Town, yet much inferiour in Trade to what it hath formerly been; near this Town is that noted Valley where it is said Saint George by killing of a Dragon delivered the Kings Daughter; in memorial whereof there was a Castle and Oratory here built and consecrated to him, and whose name it bore, whose ruines do yet appear, if the Inhabitants may be believed; it is now the common passage for all those Caravans that travel from Aleppo, Damasco and Jerusalem to Cairo and Mecca, and thereby made a place of great concourse of Merchants. Coins current in Baruti.It is subject to the Grand Seignior, and therefore his Coins in Silver and Gold are the current Coins thereof, partaking of those that are current in the neighbouring Countreys, as all bordering Towns are found to be The English have no Scale or residence here; but the Venetians who pry with more Industry into these parts, find here a profitable Traffick, therefore in the weights and Measures thereof we must sail by their Observations.
Weights of Baruti.The Cantar containing 100 Rotolos of Baruti makes sotile Venetia weight 750 l. and of gross 475 l. and of English 502 l. The Rotolo makes Venetia sutle 7 ½ l. gross 4 l. 9 ounces, English 5 l. the Cantar or 100 Rotolos of Baruti is in Aleppo 96 Rotolos, the common weight and 90½ Rotolos of Silk weight.
Measures of Baruti. Measures of Baruti is the Pico, 100 whereof makes in Venetia 86 Braces, and the 100 Braces of Venetia of Woollen Cloth makes in Baruti 112 or 113 Picos, which is in England ( [...]) Yards.
Amano and the trade thereof.The Town of Amano lieth also in this Syrophoenicia, and is found to be a Town of great Trade and consluence of Merchants of Arabia, Persia, and Turkey; but because I find the weights and measures thereof to accord with the same that are found in use in Aleppo, and their Coins the common current Coins of Turkie, I shall refer the Reader to Aleppo, and the Trade thereof.
CHAP. LX. Of Coelosyria and the Cities thereof
Coelosyria. CElosyria doth not now afford many Cities of note, Hierapolis was here famous for the Temple and Worship of the Syrian goddess; but now Damascus is tho principal Scale and City of this Province, which requires for the Trade thereof a longer discourse, than my Information can guide me; however, what I have gathered I shall here willingly insert.
CHAP. LXI. Of Damascus and the Trade thereof.
Damascus and trade thereof. DAmascus is so pleasantly seated, that the Impostor Mahomet would never enter into it, lest forgetting by the ravishing pleasures of the place, the business (as he said) he was sent for, and make this his Paradise; it is seated in a very fruitful soil; bearing Grapes all the year long, and girt with curious and odoriferous Gardens; being also famous first, for her founders, who were Abraham's servants; Secondly, for the Temple of Zacharias; and Thirdly, for the conversion of Paul, who here first preached, and escaping the traps of his Enemies, was let down the walls of the house by a basket. And in matter of Trade it still continueth a place where all Commodities of Turkie, Arabia, and India are brought into, where Caravans of the Nations do pass through, going from Constantinople, Bagdet, and Aleppo, to Aegypt, Mecha or India, and so again back.
Coins of Damasco.The current Coins of this City are those common with all Syria, Aleppo being the principal, where you may see further for the Moneys of the place.
Weights of DamascoThe Damasco Cantar is in Venetia sotile 600 l. gross 380 l. which is Averdupois 402 l. yet observed to make in some Commodities 416 l. English, so that by the said Venetian Calculation which I sail by (because of their residence there, and their great traffick thither) 100 l. gross Venetia, should render 26⅓ Rotolos, and the 100 l. sotile 16⅔ Rotolos. Damascino Rotolo 1. makes Venice sotile 6 l. gross 3 l. 9½ ounces; Peso 100 Damascino are Metallichi 66 [...]/ [...] sotile Venice 1 l. [Page 100] Metallichi 100 Damas. gives in Venetia silver weight 15¼ ounces; Killats 100 Damasco gives silver weight in Venetia 90 Kill. Killats 100 Damasco gives by Spice weight in Venetia 106 Kill. Cantar. 7½ of, Damasco gives in Rhodes Cantar one, Cantar one Damasco gives in Genoa 550 l.
Measures of Damasco. Measures of length is the Pico, which is accounted about 27 inches, agreeing thus with other places.
-
Pico 100
Damasco
- makes Venetia measure of Cloth 87 brac.
- makes in Genoa 24 Canes of 10 Palms every Cane.
- makes in Florence 24½ Canes.
-
Braces
- 100 of Cloth in Venetia gives here 112 Pico.
- Braces 100 of Silk Venetia gives here 106 Pico.
- Pico one Damasco makes scarcely ⅞ Brace of Venetia.
Commodities of Damasco.The Commodities coming hence are Cottons of Syria, Saffron, Steel, excellent blades for Swords and Knives, wrought and Raw Silks, of this growth of this Country, Oyl, Honey, Wax, Balsam, Almonds, Dates, some Drugs, Rice, which here are noted plentiful, besides the commodities here found and higher brought from other Regions, which I need not here nominate.
Tares upon all Commodities in Damasco.There is used in Damascus in the buying and selling of divers Commoditiies a certain Tare and Allowance to be given over and above the weight, from the buyer to the seller, most especially practised in bargains of Spices and Drugs, which as I find them observed by others, I think good here to shew; as in
Ginger | 5 per cent. | 105 | Rot. |
Maces | 5 per cent. | 105 | |
Cinnamon | 5 per cent. | 105 | |
Cloves | 5 per cent. | 105 | |
Indico | 5 per cent. | 105 | |
Myrrhe | 5 per cent. | 105 | Rot. |
Sugar Candied | 5 per cent. | 105 | Rot. |
Wormseed | 5 per cent. | 105 | Rot. |
Zedoaria | 5 per cent. | 105 | |
Spikenard | 5 per cent. | 105 | |
Gallingal | 5 per cent. | 105 | |
Nutmegs | 5 per cent. | 105 | |
Lacke | 5 per cent. | 105 | |
Long Pepper | 5 per cent. | 105 | |
Cocheneel | 5 per cent. | 105 | |
Green Ginger | 0 per cent. | 000 | |
Sugars | 0 per cent. | 000 | |
Mirabolans | 5 per cent. | 105 | |
Aloes Epatica | 5 per cent. | 105 | |
Cardamum | 5 per cent. | 105 | |
Turbit | 5 per cent. | 105 | |
Silk | 10 per cent. | 110 | |
Ambergreece | 10 per cent. | 110 |
And many others which the Merchants must learn.
All these Commodities are found to have these certain Tares, besides the Bags, Canisters, Boxes, Churls and the like, by the Custom and practice of the place, and forasmuch as this City is an Inland Town, wherein a Bashaw is found to command for the Grand Seignior; there is here a Custom imposed upon all Goods entring and issuing to Foreiners and Merchant Strangers 3 1/ [...] per cent, which is paid in Money and not in the same Species, according to the Customs of Alexandria before specified.
Agreement of the weight of Damasco with other places of Trade.And to conclude the Trade of this place, I will insert an old observation fallen into my hands, made upon the weights here, and the agreement thereof with other Countreys, the certainty whereof I will refer to trial.
The Cantar of Damasco making, as I said before, 100 Rotolos, makes in
The Cantar of Damasco by observation hath made in | Alexandria | 428 | Rot. forfori. |
Constantinople | 341 | Rot. | |
Venice sotile | 600 | l. | |
Ditto gross. | 380 | l. | |
Ancona | 517 | l. | |
Florenca | 525 | l. | |
Rhagusa | 500 | l. | |
Naples | 566 | l. | |
Sicilia | 576 | l. | |
Idem | 203 ⅔ | Rot. | |
Millan | 552 | l. | |
Genoa | 570 | l. | |
Valentia | 400 | l. |
The agreement of the
Rotolo of
Damasco with some other places. The Rot.
Damasco is in |
Valentia 4 l. 11 ½ ounces, | and1 l. Val. is 120 drams. |
Genoa 5 l. 8½ ounces, | 1 l. Genoa is 105 drams here. | |
Millan 5 l. 6½ ounces, | 1 l. Millan is 208 drams. | |
Sicilia 5 l. 9 ounces. | ||
Naples 5 l. 6⅔ ounces, | and 1 l. Naples. | |
Rhagusa 5 l. | and 1 l. Rhagusa. | |
Florence 5 l. 3 ounces | and 1 l. Florenco is 112 dr. |
The truth of these Observations I must leave to the tryal of the more expert, and give you a touch of what I have gathered in the matter of agreement of measures of length.
-
The agreement of the Pico of Damasco with some other places.100 Braces of Cloth in Florence have made in Damasco 99 Picos.
- 100 Picos of Damasco have made in Naples 28½ Canes.
- 100 Picos of Damasco have made in Sicilia 28¾ Canes.
- 100 Picos of Damasco have made in Millan 87 Braces.
- 100 Canes of Silk in Genoa have made in Damasco 37½ Picos.
- 100 Picos of Damasco have made in Venice of Cloth 87 Braces.
- 100 Braces of Venice Silk have made in Damasco 106½ Picos.
And forasmuch as the English, French, and Dutch are not found at present to have any Trade hither, and that the Venetians are the only Western Christian Merchants that here reside, and have here a Consul for the protection of them and their Trade and Goods, it will fit me best to borrow some of their Observations, and observe the Trade they now drive to this City.
The Trade of the Venetians to Damasco.The Commodities which the Venetians then carry hither for Merchandize are wollen Cloths, Honey, Almonds, Tin, Quick-silver, Lead, Latten Wire, Iron Wire, Latten Plates, Brimstone, Allons, Mastich, Coral, Saffron, Flemish Beads and Bracelets, Chrystal Looking-Glasses, Linnen of divers sorts, coarse Canvas, some few Furs, Sugars of Cyprus, writing Paper, Velvets, T [...]ffata's Damasks, and Sattins, some Noremberg Wares, Coral Beads, and many such European Commodities.
The Commodities that they find here to make returns of, are these. Raw Silk of this Countreys growth, and of Persia, Ardasse and Lege, Belledine, Trippoli, Bodovin, Baias and others; also some Spices and some Drugs, as Ginger, Cloves, Maces, Sandal, Incense, Myrrhe, Nurmegs, Indico, Gallingal, Long Pepper, Mirabolans, Armoniac, Aloes, Epatica, Cardamon, Turbit, Sanguis Draconis, Sugar Candied, Wormseed, Zedoaria, Spikenard, Cinnamon, Tutia, Cottons, and some Cotton Yarn, Benjamin, Assa foetida, Manna, Camphire, Cassia, and the like, of which some are found to be sold by the Cantar of Damasco, and some by the Rotolo: also observe,
That Musk, Ambergreece and Pearl is sold by the Metalico, which is 1½ dram, and Sivet is sold by a weight called Ongia, being 10 drams, which makes 6 2/ [...] Metalicos, which makes sotile in Venice 1 ounce 1 sacc. and 5 Carots.
The Rotolo is accounted here 600 drams, but Lege and Ardasse is here sold by a Rotolo of 680 drams, which is 7 l. sotile Venice; but Damasco Silk, and all Silk of the growth of the Country is sold by the Rotolo of the place of 600 drams.
These notes the Venetians have made upon their weights and measures.
1 Cantar Damasco is sotile Venice 600 l. and gross 380 l.
1 Rot. Damasco is sotile 6 l. and gross 3 l. 9½ ounces.
100 Drams Damasco is 66½ Mitigal sotile Venice 1 l. and of the silver weight in Venice 10 ounces ¼ and 5 Carots.
100 Drams makes silver weight in Venice 12 Marc. 6 ounces and ½.
100 Mitigal Damasco is in Venice 15 ¼ ounces and 5 Carats.
100 Carats Damasco is silver weight in Venice 91 Carats.
1½ dram Damascin is 24 Carats Damascin, the which 24 Carats is one Mitiga. Damascino.
Again, è contra.
The 1000 l. gross in Venice makes in Damasco 293⅓ Rotolos.
The 1000 l. sotile in Venice is in Damasco 166⅔ Rotolos.
So that the 100 l. gross is 26⅓ Rotol. Damascine, and the 100 l. sotile is 16⅔ Rotol Damascine.
Measures of Damasco.As for the Measure of Damasco there is but one here in use, and is common to all Commodities, both Linnen, Silk, and Woollen, which is the Pico, which by the calculation of the Venetians I find thus, 100 Pico in Damasco is in Venice Cloth measure Braces 87, thereby estimating the said Pico to be almost ⅞ of Brace Venetian.
[Page 102]100 Braces of Cloth in Venice makes in Damasco 111 in 112 Pico.
100 Braces of Silk in Venice makes in Damasco 106 in 107 Pico; and how they agree with the measures of England and other places, I have shewed before; therefore leaving Damasco Trade to the judgment of better experienced, and finding the Caravan of Aleppo ready to depart, I am called thither, where by the way observing some reliques not here worth mentioning, and where arriving you shall find in the next leaf what I have there observed in the matter and manner of the Trade thereof.
CHAP. LXVII. Of Aleppo, and the Trade thereof.
Aleppo and the trade thereof. ALeppo, called in the 2 Sam. 8, 3. Aram sobab, is now the most Famous City in all the Grand Seignior's Dominions, for the wonderful confluence of Merchants of all Nations and Countreys, that come hither to traffick: It is pleasantly seated upon a Plain, in the midst whereof doth rise a small Hill, whereupon is built a strong Castle that commands the whole City: It hath in it many Canes for Lodgings and Ware-houses for Merchants, which resembling small Forts being shut with Iron Gates, defend the Merchants, and their Goods from all wrong or theft; their Streets are shut with Doors every night at each end, in the manner of Cairo, and thereby every Street becomes a defensible place by it self.
There are of all Eastern, Southern, and Western Nations Merchants found therein, many of which enjoy several immunities and priviledges, granted them by their particular capitulations from the Grand Seignior who is Lord hereof: the English, Venetians, and French, are found to be great Traders hither, each bringing hither their native Commodities, and here exchange them for Arabian, Persian and Indian Drugs, Gems, Spices, and such like Commodities, amongst which the English are most eminent, by reason that they not only furnish this City with the native Commodities of England; but also with such as come to them from India and Persia by Sea, and which in former days were from hence brought into England.
Scanderone.This City is seated about 100 English miles from the Sea, Alexandretta or Scanderone being the Sea Port and Road whereto all shipping, either out of the Ocean or Mediterranean come to lade and unlade their Goods, and are hence transported by Camels to Aleppo; which Scale was formerly in Tripoli, which is a more commodious Port, and nearer in distance; but the way being found more craggy, rugged, and dangerous, by reason of the insolency of the Arabians, it was by all Christians disused, and by consent the same was here settled.
Commodities of Aleppo.The Commodities which are found in this City, are commonly all the Commodities of Asis and Africa, as Spices of all sorts, Drugs of all sorts, Silks of Persia, Gems of India, Spices of Arabia, and the common Commodities proper to the Country, as Grograms, Grogram Yarn, Galls, Cottons, and Cotton Yarn, Silk of Tripoli, Bocai, Bedovine, add Damasco, and other sorts in great quantity.
Weights of Aleppo.The Weights used here in particular, is the Dram and Rotolo, as in most parts of Turkey; but the Rotolo is found in many Commodities to differ in Drams, according to the custom in weight of the place and commodity.
The Cantar is also found to disagree in Rotolo, according to the common and usual weight of commodities, which I will declare, thereby to shew first how they accord with England, and other places of Trade, and then how they agree amongst themselves.
And first Silk of Persia is sold by the Wesno, which is 30 Nether, and 1 Nether is 120 Grains, and every Grain is 30 Drams, by which accompt the Wesno amounts to 3600 Drams, and 7 Wesno's make a Cole.
But the common weight better known to us in the Rotolo, which of Ardesse and Lege is 680 Drams, of Belledine 700 Drams, and so changing in other sorts of Commodities, which the Factor is to take notice of.
The Rotolo is also divided into 12 ounces, and ounce 1 is drams 60, drams 3600 is accounted a Wesno.
Drams 2400 is a Botman, which is the weight by which Silk is sold in Constantinople, and makes there 6 Oaks.
Cantar 2 is Rotolos, 100, making near 481 l. Averdupois.
Rotolo 1 is Averdupois 4, 13 ounces accounted and found sometimes 4 l. 14 ounces; so that 112 l. Averdupois, is found hereby to be Rotolos 22, ounces 8.
Rotolos 100 common weight, is 494 l. 8 ounces Averdupois, which is above 4 l. 15 ounces, and so is sometimes found to produce in some Commodities.
A Wesno of Silver is 100 Drams, which is 68 Lire of Venetia, and it is found that 11 ℞ ⅔ full weight, makes a Wesno of Silver here.
[Page 103] Silver, Gold, Gems, &c. are sold by the Mitigal, which is 1½ drams, which is Carot 24 English, or Grains 96.
Wesnos redvced into Rotolos in Aleppo. Wesno's of Aleppo are in buying of Silk thus reduced into Rotolo's and drams following.
Wesno | 1 | is Rotolos | 5 | Drams | 200 |
5 | 26 | 320 | |||
10 | 52 | 630 | |||
20 | 105 | 600 | |||
30 | 158 | 560 | |||
40 | 211 | 520 | |||
50 | 264 | 480 | |||
60 | 317 | 440 | |||
70 | 370 | 400 | |||
80 | 423 | 360 | |||
90 | 476 | 320 | |||
100 | 529 | 280 |
Which may be enlarged to a greater number, having purposely here inserted the same for the benefit of the ignorant and Learner.
Aleppo with Venetia.Now forasmuch as the Venetians have been accounted the first Christian Traders into this City, let us observe the agreements in weights of this place and Venetia,
Cantar 1 makes sotile Venetia 720 l. gross, 456 l. which this way be reduced to English weight is 482 l. Averdupois.
Rotol. 1 Venetia sotile l. 7, ounces 2, sache 2½ gross l. 4. ounce 6¾.
Gross Venetia 1000 l. is in Aleppo, Cantar. 2. Rot. 19.
Sotile Venetia 1000 l. is in Aleppo, Cantar. 1, Rot. 40; so that 100 l. gross, is Rotol. 21, and 100 l. sotile is 14 Rotolos.
Cantar 1 hath produced in Florence 660 l.
Aleppo notes of weighingNow it will be necessary to note some Observations upon Commodities weighed in Aleppo, with the tares and allowances by custom of the place given to the buyer.
Indico.All sorts of Indico is sold by the Churl, which is 27½ Rotolo of 720 drams, Churls 2, makes a Chest, allowing in accompt 327 l. to a Churl of neat Indico, and there is allowed to the buyer 3 ounces per Churl for dust, and 3 ounces for single shirt, and 6 ounces for double.
Silks. Silk of all sorts hath allowance for heads of skeins if course, 100 in 130 drams per Wesno; if fine 60 drams notwithstanding.
Musk. Musk being bought by the Mitigal out of the Cod gives no allowance, in the Cod 20 per cent.
Drugs. Drugs of the growth of this Country are sold by the Rotolo of 720 drams, and pays no Custom; but of the growth of forein parts, by Rotolo 600 drams, and pays great Custom; as are Camphire, Aloes Socotrina.
Silk of Damasco. Silk also of these Countreys, as Damascus, Tripoli, Bacas, gives no allowance in tare being clean Silk.
Oppion is sold drams 110 for 100 drams, the 10 drams being allowed for tare in that commodity.
Spices. Spices of all sorts are sold by the Rotolo of 720 drams, and if the same be ungarbled, the allowance is 132 for 100; but if garbled, 110 for 100 notwithstanding, as in Cloves, Maces, Cinnamon, &c.
Galls. Galls have allowance for dust 2 per cent. and briefly observe these commodities give these tares to the Buyer, Aloes, Epaticum with the skin, and Aloes Socotrina, Assa foetida with the skin, Bdellium gives 20 in 120: Spices. Cinnamon, Cubebs, Cassia fistula, Oculus Indi, Galbanum, Maces, Oppion, Rhubarb, Manna, &c. 10 per 100; Camphora, Lignum Aloes, Nutmegs, &c. 5 per 105.
Note, that forasmuch as no English Merchants are permitted to trade in Turkey but the Levant Company, and that this Company are incorporated by special Priviledges in London, by the favour of his Majesty of England, the orders of that Company by the Traders hither to other the Ports of Turkey is to be observed, according to their established Acts and Ordinances, whereto I refer the Enquirer for further Information.
Coins of Aleppo.The Coins current of Aleppo are the same, common with all the Dominions of the great Turk; The passable here is
The Soltany is medines 80, aspers 120, sh. 16.
The Lion dollar, med. 50, asp. 80, sh. 10.
The Ducat, med. 40, asp. 60, sh. 7½.
Rials of [...]/ [...] have passed 6½ per cent. better than Lion dollars, and [...] hath passed for a [Page 104] Soltany; but this rule holds not in these days, for the Wars and Troubles of that Country have altered these Observations.
Shes. 1 is medin. 5⅓, or aspers 8, and the med. 8½ shes.
But these rules following are more certain and found true.
℞ 8/ [...] is found to weigh 42¼ grains, the single Rot. 26½ gr.
The Crown or single Pistolet found to weigh 53 grains.
The Soltany, Hungar, or Chequin to weigh 54 grains.
And the Mitigal is found to weigh 72 grains.
Accompts in Aleppo.Their Accounts are kept as by a common consent throughout the principal places of Traffick in Turkey in dollars and aspers; the dollar containing 80 asp. at what rate otherwise soever the same do pass amongst all Christians that are Merchants, and here resident; yet it is found that the account of the Country (as proper to the Revenues and Treasure of the Grand Seignior, and practised by the Receivers of his Estate) is kept in aspers, wherein they account to thousands, ten thousand and hundred thousand aspers, and so by a cargo or load of aspers which they account to be 100 thousand aspers, and at 80 aspers per dollar amount to 1250 dollars, or 312 l. 10 shillings Sterling.
Measures in Aleppo.There is found in Aleppo but one measure or Pico, which is 27 inches English, or ¾ of a yard, and is the same for Linnen and Woollen, and doth agree with the Venetian brace, used there [...] Cloth of Gold and Silk; and the 100 braces of Cloth in Venetia is found to render here 106 Picos.
There is also a Pico found for Grograms, Chamblets, and Mohairs, but this is the proper Pico [...] Angora the Staple of that commodity, and is found to be but 2 Inches English incirca less, as I have more at large noted in that place.
Customs in Aleppo.As for the Customs of this place, they are as in Constantinople, for the English Nation 3 per cent. with some innovations crept in by the corruption of customers and Foreigners which here are found to be Jews; and which in this point are loth to derogate from the common manner of almost all customers and Foreigners in the world: but the last agreement between Mustap [...] Aga the Customer and the Consul of the English was thus,
- Kersies rated at Medines 14 [...] per piece, at 3 per cent.
- Broad-cloths rated at Medines 120 per cloth at 3 per cent.
- Cony-skins the bundle 50 skins at 14 dol.
- Tin rated at 55 Rot. per chest. and 32 dol. is 157½ dol.
- Indico at Medines 587 per chest.
- Galls at 12 dol. per Rot.
- Silk at Medines 6 per Rot.
- Grograms the Ball at 33 dol.
- Fillades per quintal at 33 dol.
- Cotton-wooll per cent. — 33 dol.
- Quilts at 50 dol. per Ball.
- Botanos at Ball 80 dol.
- Cordovants at Ball 8 dol.
- Turmerick at Medines 80 per Rot.
- Gumdragant at Ball 60 dol.
Note, that all Spice, as Nutmegs, Cloves, Mace and Cinnamon, pays 21 per cent. but to be rated at 14 per cent. less than the same cost, as being commodities of India properly.
- Nutmegs valued at Medines — 60
- Cloves per Rot. at — 160
- Maces per Rot. at — 220
- Cinnamon per Rotolo at — 30
Pepper owes but half Custom, and therefore rate it at [...]/ [...] less than it cost, and then pay 21 per cent.
The general Trade of Aleppo surveyed in its particular colours. The English the prime traders to AleppoBefore I leave this place, it will be needful that I do more particularly survey the body of the great Trade which is seen exercised here at this day; and first for the Trade of the English as the most eminent, it is found that this place doth yearly vend about 6000 English Cloths of several sorts, about 600 Quintals of Tin, some Furs, Kersies, and other English Commodities, besides 100 thousand Rials of [...] brought yearly hither by them in ready moneys to be invested in raw Silk, Drugs, and other commodities of this Country: they have here to this end a Consul, who is entituled of Syria and Cyprus, who hath here the preheminence of all other Christian Consuls resident; and in returns of this estate, carry hence great quantity of raw Persia Silk termed and known to us by the name of Ardasse and Lege, and also Bedovin, Castravan, Beledin, Baias, and other sort of the growth of this Country; also they carry hence great quantities of Galls of Tocat, some Drugs of Arabia, great quantity of Grogram Yarn and Grograms, Cottons and Cotton Yarn, and other commodities of this place; which investments were formerly in a large nature in Drugs, [Page 105]Spices and Gems, with which now the English furnish themselves at the first hand from India, &c. and though otherwise thus their [...]eturns are thereby shortned, yet having a greater part of their returns in these sorts of Silks abovesaid, it hath herein found a fair inlargement for the abatement made in Spices. Scanderone.The scale of this City is Alexandretta, as I noted before, commonly Scanderone, whereto all Ships come that have business here; and here likewise the English have a Factory intituled a Vice-Consul, for the effecting and preservation of their affairs here, and for the landing or lading of all Goods coming in or going out from this City; and where also to the same end the Venetians and French have likewise their particular Vice-Consuls to manage the publick Trade of their several Nations.
The Venatians the second.The Venetians I account the next Merchants of consequence here resident, who bring hither great quantity of Cloths Venice-making, and other of several sorts, some German Commodities, as Latten Plates, Wire, shaven Latten, Steel, Iron, Silks wrought, as Sattins, Damasks, Velvets, Taffeta's, Paper, and some Rials of Eight, and Venetian Chiqueens in Gold, with Crystal Looking-Glasses, Quick-silver and other Commodities. And hence in return thereof Export Silks, raw of all sorts, Cotton Wool and Cotton Yarn, Grograms, M [...]bairs, Chamblets, sundry sorts of Drugs, Spices, Gems, and Galls, Indico, and other such.
The French the third.The French are the next of note that Trade hither, having to that end also a Consul in Aleppo, and Vice-Consul in Alexandretta, and who carry hither some few Cloths of Languedoc, and of Rials of Plate a great quantity, which every small Bark is found to bring hither from Marselia the only French Port hither-trading; in return whereof they used some years past to carry hence abundance of raw Silk of all sorts, to the import sometimes of 600 in 800 Bales upon a Vessel: but this their Trade by sundry losses occasioned is now decayed, and their Ships are only laden with Galls, Cotton Woolls, Cotton Yarn, Grograms, some Drugs, Spices, Callicoes, and such.
These are then the only three Christian Nations that have any Trade of moment here, the Trade driven here by the Dutch not worthy consideration; besides which this Town is found to be the great Magazine of all Persia, India and Arabia Commodities; the Merchants whereof come hither in great Troops and Caravans, with their Camels laden with the rich Wares of those several Countries, and make their returns in the Commodities of Europe above named, which they buy and barter with the English, French and Venetians, which here have their residence as aforesaid. To conclude then the Trade of this place, and to omit nothing that I have judged proper for the demonstration thereof, I will insert the Observations made here by experience in the weights and measures of this place, with the weights and measures of some other places of Trade in the Levant.
The agreement of the Cantar of Aleppo with other places.It is before noted, that in Aleppo there is but one Quintar accounted as the common Cantar of the place, by which all Commodities are both bought and sold; yet it is to be noted withal, that from this Quintar are many other Cantars derived, varying according to the custom practised in the weight of some special Commodities, as I have before likewise noted: now this Cantar consisteth of 100 Rotolo's; the common Rotolo here, which is also accounted 600 drams, though as I have there observed, several Commodities are weighed by a several Rotolo, some consisting of 600, some 680, some 700, and some 720 drams: therefore to explain this point, it hath been observed, that the common Cantar of Aleppo, containing 100 Rotolo's, and each Rotolo containing 600 drams, have made in these Countries following:
The 100 Rotolo of 680 drams is in | Naples | 633 l. | 6 l. 8 ounces. |
Venetia sotile | 720 l. | 7 l. 2 ounces. 2⅔ saob. | |
Venetia gross | 456 l. | 4 l. 9¾ ounces. | |
Florence | 626 l. | 6 l. 3½ ounces. | |
Genoa sotile | 624 l. | 6 l. 10 ounces. | |
Sicilia | 691 l. | 6 l. 10⅔ ounces. | |
Millan | 662 l. | 6 l. 7½ ounces. |
The agreement of the 100 Pico's of Aleppo with other places.I have noted the measure here in general for all Commodities to be the Pico in Cloth, th [...] 100 Pico's has been found thus to concord with other Countreys.
have made in 100 Pico. | Venice Cloth | 94 braces. |
Venice Silk | 100 braces. | |
Florence | 107½ braces. | |
Genoa | 28 1/ [...] Canes. | |
Millan | 81 braces. | |
Sicilia | 31 Canes 1 Palm. |
And thus much is what I conceive needful to have said concerning the Trade of this famous City of Aleppo.
CHAP. LXIII. Of Tripoli, and the Trade thereof.
Tripoli in Syria, and the Trade thereof.THE next and last of note in this Countrey is Tripoli, and to distinguish it from that in Barbary commonly called (in Syria;) it hath in former times been a fair Town, and injoyed a fair and common Harbour, and now ruin'd, and hath (as I said before) of late days been accounted for the Port and Scale of Aleppo, where our Ships ever laded and unladed, but since their removal to Scanderone it is of little Commerce: some Venetians are here found to reside, and who pick out hence some small Trade with the Inhabitants of the Countrey, who afford them Silk here growing, some Cotton Yarn and Cotton Wooll, some Drugs, Corn, and other Commodities.
Weights of Tripoli.Their weight agrees with that of Damasco, which is Rotolo 100, and is a Cantar Damascino, which is Venetia sotile 600 l. gross 380 l. which this way should be English 402 l. but it hath been found to yield 416 l Averdupois, drams 52 is an ounce.
Ounces 12 is a Rotolo, which hath been found to be 4 l. 2 ounces of Averdupois, and ounces 8 is an Oak, which hath been observed to make out 42¾ l. Averdupois
Measures of Tripoli.Their measure being a Pico is somewhat less than 27 inches English
Coins in Tripoli.Their Money is generally the same with all Turkey, but thus accounted:
- Aspers 2 is a Medin.
- Aspers 40 is ¼ R. [...].
- Aspers 160 is a R. [...].
- Aspers 140 is a Dollar Lion.
- Aspers 240 is a Sultany.
And thus much shall serve for Tripoli in Syria.
CHAP. LXIV. Of Palestina and the Cities thereof.
Palestine.THE next Countrey in order is Palestina, having on the East Euphrates, on the West the Mediterranean Sea; on the North Phaenicia; and on the South Arabia: this Countrey hath so often changed its name, that it hath been called by six several names; 1. Cana [...] 2. The Land of Promise, 3. Israel, 4. Judaea, 5. Palestina, and lastly, the Holy Land; and no [...] divided into four parts, Galilea, Judea, Idumea, and Samaria.
Galilea.In Galilea is not found any City either of Note or Trading, though in times past it was samous for many, as Bethsaida the Birth-place of Peter, Andrew, and Philip; and Nazareth, second to none, where the Virgin Mary was saluted with those joyful Tydings by an Angel: Jordan.In this Countrey ariseth the two Spring-heads of Jordan, Jor, and Dan, of which two that united River doth derive its name.
Samaria.Neither doth Samaria now afford any City of Commerce, though many notable places were there found in the flourishing days of the Israelites.
Idumea. Idumea is also destitute of Trading, though it have the commodious Sea-Port Joppa in [...] where our Western Pilgrims are seen to land and foot it to Jerusalem; where also in time past, Jonah took shipping to fly to Tarsus, and where Peter lying in the house of one Simon [...] Tanner, was in a Vision taught the Conversion of the Gentiles: here also was Gasa, where the Persians did hoard up in the greatness of their Empire the Customs and Tributes of their Westen Dominions: take what I find in Trade here worthy observation.
CHAP. LXV. Of Gasa, and the Trade thereof.
Gasa, and tho Trade thereof. GAsa hath been more famous and beautiful than now it is, and renowned through Europe both for a good Sea-Port and a good defence to the Western Christians in their Wa [...] here against the Saladin and Soldans of Aegypt, and for a good Seat of Trade; but all these good things were too good for those Nations that have since been Masters thereof: for the goodness of the Port is spoiled by Rubbish, the goodness of the Walls ruin'd by the Wars, and the goodness of the Scale in Trade decayed by the neighbouring Towns situated upon this Coast. It is seated in the bottom of all the Mediterranean Sea, and sees yet a little Trade by the benefit [Page 107]of a Creek capable to receive small Vessels, wherein the Venetians and French pick out some Trade with their ready Money: It is a Station common to those Caravans that by Land travel from Damasco, Aleppo, or Constantinople to Cairo, and so back again; and these Caravans keeping their settled times of progress and regress, are the cause of some Traffick here maintain'd: The barrenness of the neighbouring Desarts drive some hither to inhabit, which makes the Town to be better peopled than otherwise it happily would be, thereby enlarging the Commerce of the place. What Observations therein I have learned, I must acknowledge due to the endeavours of a Venetian Merchant who much frequented these parts, which is, Commodities of Gasa.the Commodities of this City are those proper of the Countrey, and as the place partaketh as a confine Town of Aegypt and Judea, so it must be understood that it doth participate of the Commodities for Merchandize proper to both of them, as Cottons, Cotton Yarn, Silks, some Drugs, some Spices, and the like.
Coins of Gasa.The Coins here current I need not nominate, neither yet the manner of keeping of Merchants Accounts here; for as seated in the Dominions of the Grand Signior; the Coins and Accounts are the same common with Constantinople and other parts of Turkey.
Weights of Gasa.The Weight of Gasa is found to be only one, composed of the Rotolo, and 100 Rotolo's making their Cantar; which Cantar by the said Observations make in Venetia 800 l. sotile, and the 1000 l. gross in Venetia hath made here 191 Rot. and the 1000 l. sotile Venetia hath made here 125 Rotolo's: But because I find a Countrey-man of our own to have made a differing Observation from this in the point of Weight, which is, that the Cantar of Gasa will make in London 536 l. Averdupois; I will leave the Experiment to that hand that shall have cause to make a further trial.
CHAP. LXVI. Of Tyrus, and the ancient Trade thereof.
Of Tyrus, and the ancient Trade thereof. TYrus lieth also in this Tract, or to say more properly and more truly, did once lie in this Tract, which for its great splendor in Traffick in times past deserveth here the commemoration thereof, which I will insert as I find it noted by the Prophet Ezekiel in chap. 26. and 27. the greatness and amplitude of which Trade now ruin'd and altogether desolate, serving for example to all eminent Cities of Traffick, that the Merchants Inhabitants of those places forget not God the giver of that plenty and abundance; nor yet abuse the same to their own destruction, as is shewed there it was to the Tyrians. Tyrus then in the height of its greatness is recorded [...]o have a very great Trade, and so large that it served for a general Mart to all the World, and that all Nations were furnished with their Merchandize and Commodities thence, which wonderfully inriched the City, and increased the power of the Citizens; so that she is there termed the strong and renowned City of the Sea, and which was mightily inhabited by Sea-men and Merchants, whose power and greatness in Navigation and Trade is described by many particulars in that Chapter; as First, That her Ship-Timber was of the Fir trees of Hermonhill, and the Masts thereof were of Cedar, and brought from Lebanon, and the Oars thereof were of the Oaks of Bashan; the Sails thereof were fine imbroidered Linnen brought from Aegypt, and the coverings (or as Sea-men term it their awnings) were of blew Silk and Purple, brought from the Isles of Elishah: their Mariners were the Inhabitants of Sidon and Arvad, and their Ship-Masters and Pilots were the wisest of the City, and their Car [...]enters, Shipwrights and Calkers were the ancients of Gebal, and the wise men thereof; and all the Ships of the Sea with their M [...]iners negotiated in her in the Traffick of Merchandize. Now those that traded hither, and were the Merchants thereof, and the Commodities for which they traded is also recor [...]ed there, for the Merchants of Tarshish brought hither to the Fairs all rich Commodities, as Si [...]ver, Iron, Tin, Lead: The Merchants of Graecia, Italy and Cappadocia, fur [...]ished it with Slaves for labour, and with all manner of vessels of Brass. The Merchants of Togarmah brought hither to her Marts Horses and Mules for carriage. The Merchants of Dedan brought Unicorns Horns and Elephants Teeth. The Merchants of Aram brought to her Fairs Emerald, Coral, Pearls, fine Linnen, and Purple imbroidered Works. The Merchants of Israel brought Honey, Balm, Oyl, and Wheat. The Merchants of Damasco brought Wines, Woolls, and multitude of other rich Wares. The Merchants of Dan and Javan brought Iron-work, Cassia, Calamus,. The Merchants of Arabia furnished it with Cattel. Of Sheba and Ramah with Spices and precious Stones and Gold. And to conclude, all the Nations of those Regions were accounted the Merchants that did traffick thither with all the riches of their several Countries, and furnished the same with the best of their Sea-men, and the principal of their Ships for Navigation: but the Holy Prophet in lieu of their then greatness, prophesied their future misery; instead of their then riches, prophesied their future poverty, which is there recorded to have fallen deservedly upon this City, [Page 108]and their Inhabitants, for glorying in their own strength and opulence, and for deriding of the holy City of Jerusalem, by rejoycing at the visitation and fall which God had been pleased to afflict her withal; so that many years past the said Prophesie hath been in her fulfilled, as now we see it in these days to be; for many Nations have risen up against it, and the waves of the Se [...] have devoured it; the riches thereof are robbed, and the Merchandize thereof are spoiled the Nations that have known the splendor of it, are risen up in astonishment at it, the waten have covered it; and in fine, the same is brought to nothing, and shall never hereafter have a being, which is fully accomplished in every particular: Therefore let each flourishing City of Trade, and every Merchant exercising traffick, take warning by their ruin and desolation, and by their just and faithful dealing and upright conversation, endeavour to divert the wrath of God from the Cities of their Habitations; and having the sin of the Tyrians ever in remembrance, they may thereby hope to avoid their Punishment.
Now as for the Country of Judea, I find not that it affords any eminent City of Trade in these our days, though otherwise it be famous in Scripture in times past, both for the City of Bethleem, where our Saviour Christ was born, and where it was found the Innocents did suffe for him ere he suffered for them; Jericho.and also for the City of Jericho, destroyed by the sounding of Rams horns; Jerusalem.and lastly, for Jerusalem the City of the Lord, built by Melchisedeck. Prince and Priest of Salem, in the Country of the Jebusites; but since that time having been laid waste divers times, and having again found new re-edifiers, is now of little consequence: Here w [...] that most magnificent Temple built by Solomon, and the famous Temple of the Sepulchre [...] by Helena Daughter to Coilus a British King, and Mother to Constantine the Great; the ruines thereof is yet much resorted unto both by Protestants and Papists, though for sundry ends; which place affordeth now not any Trade to any Nation save to the Jews, who farm of the Grand Signior this abovesaid Temple at 80000 Sultanies yearly, and every Pilgrim or other Christian entring, must pay 9 Sultanies to the said Farmers for admittance; so that the posterity of those Jews make an an unrighteous gain and traffick by his death, whom unrighteoush their Fore-fathers occasioned to die.
CHAP. LXVII. Of Armenia, and the Provinces and Cities thereof.
Armenia. ARmenia hath on the East Media, and the Caspian Sea; on the West Euphrates and the Euxine Sea; on the North Tartary; on the South Mesopotamia; the wh [...] Countrey is divided into three Provinces; First, Colchis; Secondly, Georgia; Thirdly, T [...] comania.
Colchis. Colchis lieth on the Euaeine Sea, the Inhabitants thereof being Christians; hence did Jason in the days of old steal the Golden Fleece; Dioscuria.and here is also seen the ruines of that famous City Dioscuria, where by reason of the many Foreign Merchants from all Co [...] treys that here frequented, three hundred Languages were commonly spoken and practised.
Georgia.Neither can I find in Georgia, earst called Iberia, any City of Note for Trading. Turcomania. Tucomania being also as barren in this kind. It is observed by sundry Authors, that out of this Province is derived the Name and Original of the Turks, who here had their off-spring, and who within these three hundred years last past, have made themselves potent by their Armies, The Kingdoms under the Turk.and to the ruine of many Kingdoms, the present Grand Signior Sultan Amurath, who in Anno 1623, at my being at Constantionople was proclaimed Emperour of that Nat [...], hath under his Dominions and Commands in chief as Sovereign of all these Countries; First, in Europe he hath Dacia, Grecia, all the Aegean Islands, and Taurica Chersonesus; in Asia he hath the Provinces before already described; also Arabia, Syria, Media, Mesopotamia, Rhodes, Cyprus, and other Islands; and Iastly, in Africa he hath Aegypt and the Kingdom of T [...] and Argier, and many others of lesser consequence. And thus leaving Armenia, my nert step is to Arabia, which cometh now to be handled.
CHAP. LXVIII. Of Arabia and the Provinces thereof.
Arabia. ARabia is bounded on the East with the Persian Gulph, on the West with the Red-Sea, on the North with Mesopotamia and Palestina, on the South with the Ocean; the Inhabitahts are extreamly addicted to Thest, this Trade being found to be the best [Page 109]part of their maintenance, the Countrey is divided into three parts, Arabia Deserta, Pe [...]osa, and Felix. Deserta. Arabia Deserta is the place where the people of Israel wandred for forty [...]ears under the command of Moses: Bolsora.the most eminent City of this Province is Bolsora, hereto by reason that it serveth for a through-fare from Arabia to Aleppo and Damascus, sound a City of great concourse of many Merchants, and which doth principally consist [...]re upon the Commodities brought hither from other Countries, as of India, and other parts Arabia, than of any found here to be transported into other Countries, the further Trade treof by reason of my ignorance I omit.
This Country by reason of the thievish lives of the Inhabitants, and the general barrenness at infertility thereof, some Authors have observed in the course of their Trade and Merchdizing, that the sandy Desarts are the Seas of the Arabian Merchants, the wild Arabs the Pirates, and their Camels their Ships, usually carrying 600 pound for an ordinary burthe, and so we find them do in the carriage of our Goods and Wares from Scanderone to Al [...]o, and so back again, a Camel's load being accounted ten Cloths Suffolk, which by Statute w [...]h 640 l. which with the packing may be 700 l. or else two barrels or Chests of Tin found to incirca 600 l. and so in other commodities.
Petrosa. Arabia Petrosa I find not any City of Trading: Ezion Geber on the Coast of the Re [...]ea, where Solomon's Navy kept station before the setting out and at their return from Oph, was once a famous place, and of great Traffick, though now it lies buried in its own rui [...]s.
Felix. Avabia Felix, Merchants should be better welcome, were the Inhabitants so beneficial to [...]ei [...] Traffick as their Commodities might be made; for it is esteemed the richest and pleasant [...] part of all Arabia, and indeed of all Asia, abounding with Gold, Pearls, Balsam, Myrrh, Frarincense, and many other precious Drugs.
Medina Talnabi and Mecha.H [...] are those two notably noted Towns of Medina and Mecha, the one the birth-place, the other he burying place of Mahomet (who in his younger years was a Merchant, and in his elder a cunning Sophister) where Christians are forbidden to enter, lest they should [...]ee (as some Authors alledge) the absurdities of the Mahometan Adoration of their great Prophet's Sepulore, whose Body inclosed in an Iron Chest, is said by an Adamant to be drawn up to the roof the Temple where it hangeth; but herein many of them are and have been for a long time [...]eceived, for my self and other Merchants that have for some term of time resided in Turk [...] and specially in Constantinople, know by experience that the Grand Signior doth yearly send Carpet, or rather Tomb-cloth of green Velvet, to cover the said Sepulchre, the old being then taken away, and accounted the Fees and vails of their Priests and Clergy-men that atten: thereon, who cut the same into several pieces, and sell it to the Supersticious at extrem rates for precious reliques; the Tomb it self being seated in a Temple built in Mecha, of nogreat magnificence or beauty, save the cost daily bestowed thereupon in Lamps of Silver and Gold, wherein there is Balsam and other such rich Odours, Ointments, and Oils conti [...]ually burned, and is seated on the firm ground, and not in the Air, as above is said, and inclosod within an Iron-grate, wherein some by favour are permitted to enter, from some of whom I have had this relation, as is by divers Turks that I have known and that have seen it and reported it to be so, and no otherwise: this large circuit of ground hath not afforded me muda matter of Trade worthy observation that hitherto hath come to my hands; the most pertinent and eminent places are Mocha, the Sea-Port of the said Mecha above-named, and Aden both on the Red-Sea; of the Trade whereof a word, so far forth as I have gathered, and then I will conclude.
CHAP. LXIX. Of Mocha, and the Trade thereof.
Mocha, and the Trade thereof. MOcha, or Muchi, as some name it, is seated in the Red-Sea, almost opposite to Zuachen that famous City of Trade on the African shore, and serveth as the Port and Scale to Me [...]ha, the birth-place of Mahomet the famous Prophet of these Country-men, much here res [...]rted unto by Turks, Moors, Arabians, and other Nations professing this superstitious Religion; it is frequented by divers Merchants, especially Arabians and Egyptians, that take it in their way to Aden, Ormus; India, or the like; and also much frequented by Maho [...]etan Pilgrims, who in blind devotion come this way to Mecha to pay their Vows to their ungodly Patron.
Coins in MochaIt is subject to the Grand Signior, and acknowledges his Coins for current in this place in matter of Trade, which is the Asper common with all Turky.
Whereof 60 is here accounted for a Rial of 8/ [...] Spanish.
[Page 110]An hundred is accounted for a Soltany, Chequin or Xeriff.
The common Gold here current 8 sh. Sterling.
Weights in Mocha.Their weights here used partake also somewhat of the common weight in appellation [...] throughout all Turkey, which is the dram, 10 whereof are accounted here an ounce.
- 14 Ounces is a Rotolo.
- 24 Rotol. is a Fracello, which is 25 l. 12 ounces English
- 15 Fracellos makes a Cantar; or as they term it.
- 1 Babar, making English incirca, 386 l.
Measures in Mocha.The Measure here is the Pico, accounted incirca 26½ inches English, other notes have fallen into my hand of this place, therefore hence I will bend my course to Aden.
CHAP. LXX. Of Aden, and the Trade thereof.
Aden, and the Trade thereof. ADen is the strongest and fairest Town of Arabia Foelix, situated in a Valley, and i [...]ompassed most part with Hills of Marble, upon which it is conceived it never rainen; it lieth on the North side of the entrance of the Read-Sea, reaching 60 miles further inward than the opposite Cape Gardefu [...] it is fortified with five strong Castles, kept by Garrisons and within late years surprized by the Bashaw of Aegypt for the Grand Signior, in whose obe [...]ence it now quietly remaineth by the death and slaughter of the natural Sovereign there [...] It is now by the industry of man from a firm Land become an Island, and yet commande by a strong Castle, the residence of the Governour seated on an adjoyning hill.
It is accounted to have 6000 houses in it, inhabited by sundry Nations, or more p [...]perly a miscellany of Indians, Persians, Aethiopians, Arabians, and Turks, which here do re [...]de for the benefi [...] of that great Trade and Commerce that is exercised in this City. The Portug [...]lt had once got the possession thereof, and were Masters of it for some few years: but finding the charge of the Garrison to exceed the benefit afforded by the Trade and neighbouring c [...]fines, they willingly surrendred the place to a Moor; who paying them for some years certa [...] Tribute, they seated as a Sovereign to command the same, who ruled here till the Turks c [...]me to be Masters thereof.
This City is now the principal Magazine for the Commodities of Persia, India, and Ar [...] bia, and affording naturally great store of Drugs, as Myrrh, Balsam, Manna, and many sorts of Spices: The heat of this place is so excessive in the day time, that all the b [...]rgains and contracts made here among Merchants, are done by night, as the coolest season to effect the same.
Now for the Coins here current, the Weights and Measures here in use, and other needful further Observations of the Trade of this place, I am inforced to be silent in, and refer the same to the more experienced, to be hereafter added, as occasion shall serve here unto.
CHAP LXXI. Of Assyria, Mesopotamia, and Chaldea, and the Cities thereof.
Assyria, Mesopotamia, and Chaldea.A Ssyria hath on the East Media, on the West Mesopotamia, on the North Armenia minor, on the fouth a part of Persia; in which I find no City at present of any note: here is seen to this day the ruins of that Niniv [...]h, whose walls were of three days journey in compass about, one hundred foot high, and thirty foot broad, and beautified with 1500 Towers of 200 foot-high; through which ran that famous River of Euphrates, and to which place was Jonas sent to preach; here being 120000 persons sound so ignorant in the things of God, that they are said in Scripture not to know the right hand from the left.
Mesopotamia.In Mesopotamia is seated Caramit, a famous Town and Bashaw-like of the Grand Signior, whose Commerce is unknown unto us by reason of its situation; in Genesis 12. it is called Padan Haran, and is the place where Abraham dwelt after he had lest Ur; and in this Countrey was Abraham born, and to which place he sent his Servant to choose a Wife for his Son Isaac; Paradise.and here in some Authors opinion (which in this description I followed) did Paradise stand.
Chaldea.In Chaldea we find many Cities to have been of old, and amongst others Babel, famous for the confusion of Languages that here happened in building that stupendious Edifice, which [Page 111]was raised 5164 paces high, and which had its basis and circumference equal to that height; Babylon, now Badgate.it is now much lessened of its ancient greatness, and from Babel it became first Babylon, and now Badgate, a Bashaw-like of the Grand Signior, through which runs the River Euphrates, which is in part the cause of her present traffick which daily is found to be maintained by the help of Aleppo, where is kept (by the intercourse of Merchants, and the Commodity of Caravans, and intelligence of Pigeons carrying Letters) a neighbour-like Commerce; Badgate oftentimes vending into the Land, what Aleppo do receive by Seas.
CHAP LXXII. Of Babylon, now Badgate, and the Trade thereof.
Babylon, and the Trade thereof BAbylon, now Badgate, was at first founded by Nimrod, but never finished till that warlike Semiramis took it in hand, whose Walls were 60 miles in circuit, 200 foot high, and 75 broad, seated upon the River Euphrates, in those days a fair and beautiful City, now having almost lost all that splendor and glory it then justly boasted of: many famous accidents have here happened; here died Alexander the Great, after which his body lay eight days ere his ambitious Captains could have leisure to give it a fitting burial; here it is also said that when this place was taken by Zopyrus the Macedonian with his Grecians, it was full three days ere one part thereof took notice of the conquest, since which it hath been subject to several Sovereigns; and it is at this day a Town of very great Traffick, between which and Aleppo are many Caravans found to travel with many thousand Camels laden with sundry Commodities; the rich Commodities of India brought from Ormus by Sea to Balsara, seated as the Maritime Port of the City in the Persian Gulf, and so up the River Euphrates hither, and hence to Aleppo, Damasco, and other Countreys, which again returns them in exchange the Commodities of Turkey, Aegypt, and Europe.
Pigeons Letter, or news Carriers.In this Countrey, and generally through many parts of Turkey they have a custom to give advice of their affairs by Pigeons, who serve Merchants here for Posts; and hereby the English are found in Aleppo to have advice from Alexandretta, which is accounted 100 miles, in 24 hours, and hereby the Caravans here travelling, give from time to time advice of their journeys and success, which is done in this manner: when the Hen Dove sitteth and hath young, they take the Cock Pigeon and put him into a Cage, whom (when he is by the Garavan carried a days journey off) they set at liberty, and he straight flieth home to his mate; when by degrees they are thus perfectly taught; the Carriers and Merchants on any accident fasten a Letter about one of their Necks, and they being freed without any stay hasten to the place from whence they were brought, and such as at home do watch their return, (climb their hole and take away their Letter) are certified of the mind of their friends, or any other tydings after a very speedy manner.
Commodities of Babylon.The Commodities of this place, are the common Commodities before nominated in Aleppo, Coins of Babylon.and their Coins current, are the same that are found throughout Turkey, as subject to one and the same Soveraign; but the Coins of Persia are found here likewise to pass current for their value, and so doth also their Gold without exception; it being a received custom in Trade, That frontier Towns of Trade admit the Coins of the bordering Inhabitants and Regions.
Weights of Babylon.The weights of Babylon known amongst us is the Dram, Mitigal, Rotolo, and Cantar.
Their Rotolo hath been observed to make 1 l. 10 ounces English, and our 112 l. English hath made here 68 Rotolo's.
Their measure in length common in this place is the Pico found to be by trial about 27 inches English.
To conclude this Countreys Relation; from hence came the three Wise men called of the East, who worshipped Christ and presented him with gifts, and the Inhabitants hereof are said to be the first inventers of Astronomy and Astrology; and therefore hence have all such the title of Childeans; and for other matter of Trade, here is only found the famous Town of Mosull, situated on the River Euphrates, abounding with the Forests of Galls, so much required and requested by divers throughout the World: and now to MEDIA.
CHAP. LXXIII. Of Media, and the Provinces thereof.
Media, and the Cities thereof. MEdia is limited on the East with Parthia; on the West with Armenia, on the South with Persia, on the North with the Caspian Sea; being absolutely the greatest Sea of all others that hath no Commerce with the Ocean, by some called the Hircanian Sea, and by some the Sea Bacchu, of a Town of that name thereon bordering.
Sultania.The chief Cities of this Countrey are Sultania, famous for the fair Mosque in the East: Sumachia, the strongest of all the rest, taken by the Turks in Anno 1578, and now the seat of 2 Turkish Bashaw; Eres, Ardovile, Shervan, Bacchu, and some others; Tauris.and lastly, the most eminent Tauris; of the trade hereof see hereafter.
Likewise in this Tract is comprehended the Province of Albania, now Zairia, little beholding to the industry or labour of the Husbandman, yet of its own accord yielding for once sowing, most times two, and sometimes there reapings: Derbent.the chief City is Caucasiae Portae, built hard upon the Hill Caucasus, one of the best fortified Towns of the East, now called Derbent, a strong City invironed with two walls, and fortified with Iron Gates; yet nevertheless taken it was by the Grand Signior in his last wars against the Persians, under whose command it now remaineth, being now accounted one of the Keys of this Kingdom, and the common entrance into Persia; and lastly, in this Countrey Phidon an Argive in Anno Mundi 3146. is said to find out the use of weights and measures; which knowledge and concordance by this Tract I covet to obtain.
The weights of Derbent is the Mo [...]e, which is 3 l. 11 ounces Venice sotile.And to conclude, a word of the Trade of this Countrey in the general; I find that the Moscovia Company were the first that sought the knowledge thereof in these parts; for upon their discovery of Moscovia they traded down the River Volga to Astracan, and thence in Barks sailed with their English Commodities to Bacchu, Derbent, and other places on the Caspian Sea, and since some of the East-India Company have more narrowly traced it, and have observed the same more particularly: the principal Commodities proceeding hence is the raw Silk made at Gilan, Zahaspa, Rastiguan, Chiulfal, and others, now known unto us by the name of Persia, Ardasse, and Lege Silks; and from this last the dealers in Silk here are throughout Asia commonly termed Chiulfallins.
CHAP. LXXIV. Of Tauris, and the Trade thereof.
Tauris, and the Trade thereof. TAuris is the Metropolis of Media, and the Summer seat of the Persian Sophies, containing 16 miles in compass and including 100 thousand Inhabitants; it hath within late years been three times conquered by the Turks and hath as often again returned to the Persians, under whom now it resteth: first, by Selimus, then by Solyman the Magnificent, and lastly, by Osman General to Amurath the third; it is now in the possession of the Persian, and strongly fortified, and seated in a cold, yet wholsome Countrey, the Inhabitants more addicted to making of Silk, than to the Sword; distant six days journey from the Caspian Sea; and indeed incompassed by several great Towns of note, whose manual labours are famoused over the World, as first Eres, whence came the fine Silk called the Mamodean, now out of use; Gilan and Bilan.the Gilan abounding with Lege Silk; Sumachia. Sumachia, abounding in excellent Carpets, whereto the people wholly addict themselves; Arasse.then Arasse, the most eminent and opulent City in the Trade of Merchandize throughout all Servania, partly by the abundant growth of Silk there nourished, and hence called Arasse, vulgarly Ardasse 2000 sums yearly going hence to Aleppo in Syria) and partly by the growth thereof; Galls, Cottons, Wooll, Allom, some Spices, Drugs, and sundry other Commodities; so that to make this place the happy Scale of Merchandize, Nature having plaid he [...] part, there wanteth only peace between the Kings of Persia and Turkie, which at present is denied them: the further manner of Trade of that place, I am constrained for want of due information to omit, and refer what I have thereof collected to Persia.
CHAP. LXXV. Of Persia, and the Provinces thereof.
Persia and the Provinces thereof. PErsia is bounded on the East with the River Indus; on the West with Tygris and the Persian Gulph; on the North with the Caspian Sea, and the River Oxus; and on the South with the main Ocean; the People are much addicted to Hospitality and Poetry; in their Complements Lordly, in their Apparel phantastical, in their Expences magnificent, and in their Lives lovers of Learning, Nobility, and Peace.
This Empire containeth these several Provinces.
- 1 Persis.
- 2 Susiana.
- 3 Caramania.
- 4 Gedrosia.
- 5 Drangiania.
- 6 Arica.
- 7 Arachosia.
- 8 Parapomisus.
- 9 Saccha.
- 10 Hircania.
- 11 Ormus.
Of all which in brief, and no further than may concern my present purpose.
Persis Far.In Persis now called Far, having the Gulph of Persia to the South limit, Caramania for the East, Susiana for the West, and Media for the North, was seated Persepolis the ancient Seat of this Empire, which Alexander at the request of his Curtisan Ladies commanded to be set on fire, but afterward repenting him of so great a folly and so unworthy an act, he re-edified it, though yet now having lost much of its former beauty; and giving place to the famous City of Casbin, the residence of the present Sophies, brought hither from Tauris by Sophie Tamas.
Commodities of Persia.The Commodities that this Country is in general found to afford for Merchandize, are Silks of all sorts raw, growing plentifully in 1 Bilan, 2 Gilan, 3 Aras; some precious Stones, many sorts of Drugs, wrought Silks, Chamlets, Carpets, Shashes, Callico's, and many excellent Arms used in War both for Horse and Man, which is here so well tempered in the framing and making (with some virtuous Simples) that it makes it both hard and excellent for use, and preserves the same clean from any rust or perishing.
CHAP. LXXVI. Of Casbin and the Trade thereof.
Casbin and the Trade thereof. CAsbin is now accounted the Metropolis of Persia, and sometimes the residence of the Sophies, hither removed from Tauris, as I said before; it is accounted a days journey about on Horse-back, well walled and fortified with a strong Fort, and beautified with two fair Seraglio's, the Walls whereof are made of Red Marble, and paved with Mosaique Work; the chief Street hereof is called the Attimidan, in figure four-square, each angle being ¼ mile in length, incompassed with Scaffolds for the people to sit and behold the King and his Nobles at their Exercises of shooting, riding, running, and the like; this City is seated in a goodly fertile Plain of three or four days journey in length, which is furnished with near two thousand Villages to supply the necessary uses thereof, which did much inrich this place before the removal of the Persian's Court to Hispahan which is fourteen days journey further into the East; Three Excellencies in Casbin.Three places herein do much adorn and beautifie this place; First, the Attimidan aforesaid; Secondly, the King's Palace, which is so brave a Fabrick, and so richly furnished, that Europe can hardly match it; And lastly, the Bassars which are many in number, which are in the manner of our Pawns in London, where are to be sold all manner of Persia, India, Turkie, Moscovian, and Arabia Commodities, Commodities of Casbin.as all rich Gems, Jewels, Drugs, Spices, Silk, wrought in Damasks; Velvets, and raw, transported into other Countreys; the Attimidan serving the Merchants for an Exchange or place of meeting, where every day is seen a continual Fair, where all manner of Commodities are sold both for Back and Belly; also Goldsmiths, Exchangers of Money; and all other Professions, who come hither and display their Commodities, as to some publick Mart. And the Moneys and current Coins here passable amongst Merchants, I refer to the chief City of Persia, Hispahan, the present residence of the Persian Monarch; and I am informed that the Weights and Measures thereof do also agree therewith, so shall not need to enlarge my self further in that particular.
CHAP. LXXVII. Of Balsara and the Trade thereof.
Balsara, and the Trade thereof. BAlsara lieth in the bottom of the Persian Gulph, and is seated on the mouth of the River Euphrates, serving as a Magazine for all the Commodities of Arabia, India, Turkey, and Persia, and as a thorough-fare for all Merchants travelling from one of those Countreys to another, but especially for such as here take shipping to the Isle of Ormus, India, Arabia, &c. This Town was of late years subject to the Persian, but now in obedience to the Great Turk, and is the last of his Dominions this way: and here it is observed that the Water doth ebb and flow, as with us in England, and in no place else adjoyning upon the Ocean Seas; the Indraught may be imagined to be the cause, as it is observed the like in Venice.
It hath been noted in matter of Trade here, that there is paid for every Sum of Goods carried from Bagdate hither by Water, six Sehids, and from Balsara to Bagdate two Medins per Wesnoe, and 100 Wesnoes from Balsara to Ormus, cost carriage 20 Lairins, and the like back from Ormus to Balsara.
Hither always come the Syria Caravans that are bound for India, and end their Landtravel, and imbark themselves and Goods for the great Marts of Ormus and Cambaia, and here returning they conclude their Sea-Navigation, and begin their Land-Peregrination, for Turkey, &c.
Customs paid at Balsara.The Customs payable at Balsara as the last Port of the Grand Seignior's Dominions, who, conquered the same from the Persians in Anno 1550, is 1 in every 14 Sehids for gross Commodities, but it is 1 per 20 or 5 per cent. upon Cloths, Silks, and fine Goods, but here is a Tare of 3 in 10 Wesnoes allowed both in Spices, Drugs, &c. for dust, and upon Silks, for waste heads, and the like.
Prices of Commodities in Balsara.The prices of Commodities ruled some years past thus here.
The Wesno of Maces was worth in Balsara 13 Ducates.
The Wesno of Nutmegs was worth 6 Ducates.
The Wesno of Soap was worth 15 Sehids.
The Wesno of Almonds was 24 Sehids.
The Wesno of Galls was worth 10 Larins, and for this weight of Wesno, it is found that 16 Wesnoes of Balsara make a Kintar of Aleppo common weight, but the 100 Wesnoes in the weight of Silk of Rotol, 680 dr. in Aleppo makes Silk Rot. 529 dr. 28.
Weights used in Balsara.The Weight common here in the sale of Commodities besides this Wesno is the Maund, which is 100 Rotolo's, which have been observed to have made 500 l. English, which is 5 l. a Rotolo; but I have met with an Observation on this place made by some English that have travell'd hither, that the 112 l. hath made 19 Maunds 2¼ Rotolo's, which must be 5 l. 4¼ ounces English; the difference I refer to be rectified by the better experienced.
Measures of Balsara. Cus [...]stan.Their Measure is found to be about 26 inches English.
To proceed to the next Province in Persia, it is Cusestan, situated Eastward from Persia, called in Scripture Havilah, having in it Susa, a City where sometimes the Persian Monarch abides in Winter, as being more Southerly than Echatana; and lastly, Casan, of which a word.
CHAP. LXXVIII. Of Casan and the Trade thereof.
Casan and the Trade thereof. CAsan is a principal, fair and famous City in this Countrey, but much troubled with excessive heat by reason of its situation in a pleasant and large Plain; it consisteth altogether of Merchandizing, and the greatest Trade of all the Inland Countrey is found herein, and most especially frequented by Indian Merchants; Commodities of Casan.the Inhabitants are in general addicted to all curious Manufactures, and Fabricks, as in weaving of Shashes, Turbants, and Girdlas, in making also of Velvets, Sattins, Damasks, curious and fine Ormusius, and Carpets; and indeed it is accounted the very Magazine of all the Persian Cities, for these Commodities; here is also to be sold all manner of Drugs, Spices, Pearls, Diamonds, Rubies, and Turquoises, and all sorts of Silks, both raw and wrought, so that the Author (who in this Relation I follow) is verily perswaded that there is more Silk yearly brought into Casan, than there is of broad Cloth brought into London. Policy of Casan.The civil Policy of this City is also commendable, an idle person not being permitted to live amongst them, and the Children after six years old, are presently set to work; here being a Law to the shame of Christendom, That every Inhabitant must yearly [Page 115]give up his name to the Magistrate, therewith declaring how and in what manner he liveth, what Art he exerciseth, and if he be found in a falshood, he is beaten on the feet, or else imployed in some publick slavery, to the example of others: and for other notes of Trading, see Hispahan in Parthia.
Caramania. Caramania is the third Province, the chief Cities are Gadil, Cobin, and Caraman, Famous for the excellent Fabricks here made, Cloth of Gold, and for the best Cymitars in the World; and here it was that Alexander being returned out of India, kept his Bacchanalian feasts.
Gedrosia, &c.In Gedrosia, Drangiana or Sigestan, Aria now Sablestan, Aracosia now Cabul, Paraphmisas, Saca and Flircania, I find not any thing worthy the survey, therefore I willingly pass them over, and close these Provinces with the City of Sciras, which is comprehended in this Tract.
CHAP. LXXIX. Of Sciras and the Trade thereof.
Sciras, and the Trade thereof. SCiras, in times past Persepolis, built by Perseus, who gave the name of Persians to the Inhabitants, was for a long time the Seat-Royal of this Empire, for which cause Alexander (as is before mentioned) at the request of his Curtizan Lais, commanded it to be set on fire, but afterward repenting him of so great an Over-sight, he re-edified the same: Bindamirit is situated on the banks of the famous River Bindamir, which courseth through the Kingdom of Persia and Lar, and so emptieth it self into the Persian Gulph, and standeth just in the roadway which leads from Hispahan to Ormus; it sheweth yet many eminent signs and monuments of its former glory; as two very great Gates twelve miles distant asunder, shewing what the circuit was in the time of the Monarchy; also the ruines of a goodly Palace and Castle built by Cyrus, having a three-fold Wall, beautified with many Spires and Turrets; the first twenty four foot high, the second forty eight foot high, the last ninety foot high, all of Free-stone, and formed in a square with twelve Gates of Brass on each Angle, with Pales of Brass set before them curiously wrought, testifying the magnificence of the Founder. It is now accounted one of the most famous Cities of the East, both for Traffick of Merchandize, and for excellent Armour and Furniture of War, which the Inhabitants here with wonderful cuisning and art do make of Iron and Steel, and the juice of certain Herbs, of much more notable temper and beauty, than are those which are made with us in Europe.
The Coins. here in use being proper to the whole Kingdom, and the Weights and Measures not found differing from the same used in Ormus, the prime Port of this whole Kingdom, I shall not need here further to insist thereupon; and therefore from hence accompanying the Caravan, I in the next place survey the said famous Port of Ormus.
CHAP. LXXX. Of Ormus, and the Trade thereof.
Ormus and the Trade thereof.THE last Province of this Countrey is accounted to be the Island and Territories of Ormus, twelve miles from the Continent, small in compass, and very barren, yet famous throughout the World for the great Trade there exercised by the Indians, Persians, and Arabians, and other Nations, the King thereof some years past was a Mahometan, and drew, by the Customs of this City 140000 Xeriffs yearly, since which it became tributary to the Portugals, who fortified the same in Anno 1506; and for the excellency thereof the Arablans use to say proverbially.
Ormus restored to the Persians by the English valour.Since which time by the valour of our English East-India Companies Arms, this Island hath been reduced to the subjection of the King of Persia, to whom it is now obedient, and still enjoyeth the former splendid Trade to all the parts of the East; here are found the Spices and precious Gems of India; the Tapestries, Carpets; and Shashes of Persia, the Grograms, Moheirs, [Page 116]and Chamblets of Turkie, the Drugs of Arabia; and lastly, the Moneys called the Larins of Persia, which are here accounted as a great and special Merchandize, all which be excellent helps to make this place a famous Mart and Magazine of all Eastern Commodities. Orders of Caravans from Syria to Balsara.Now the cause that in part moveth this great Trade hither, and the great concourse of Merchants into this Island, is that twice yearly there cometh a great company of people over land out of Syria, Aleppo, and other those parts, which are called Caffiles or Caravans, with all the Commodities of the Mediterranean Seas, which in their journeys observe this order; They have first a Captain, and certain hundreds of Janisaries or Souldiers, which convey and conduct the said Caffila or Caravan until they come to Balsara, from whence they travel by water to Ormus; and this twice yearly hapneth, in April and in September; which constant times of their departure thence thus known, their number is oftentimes augmented to 6000, in 10000 persons, with their Mules, Camels, and Dromedaries, passing by Babylon, now Bagdate, and so to Balsara as is abovesaid; and in this same nature they travel at certain set times, in their return hence for Aleppo, carrying with them all manner of Merchandise of this place, fitting either for Turkie or the Mediterranean Sea; and in which Caravans all Nations are found freely to travel, excepting the King of Spain's Subjects, which are very narrowly lookt into, though notwithstanding they are found oftentimes to pass in the names of Venetians, French, and other Nations, so that when these Caravans do come to Ormus, against their coming there is general preparation made by all other Merchants of that Countrey, for to have Commodities in readiness to barter and exchange with them. The Island it self is but small and barren, and composed only of a Salt Rock, whereof their houses and walls are made; and in Summer it is found so excessive hot, that the Inhabitants are forced to lie and sleep in wooden Cisterns made for the purpose, full of water, and all naked, both men and women lying clean under water, their heads only excepted; yet they have no fresh water in the Island, but what they fetch from other Islands in the Sea near there adjoyning, which they also keep in Cisterns for their use, as is accustomed in some parts of Spain in Jars, or, as they term them, in Tenajos. At the last reduction of this Town to the Scepter of Persia by the aid of the English, they had many Immunities of Trade granted them, and to be here free of all Custom, and withall to draw the one half of all the Customs thereof; but that good service was soon forgotten, and they have now only the honour of the good service for their pains and reward, and nothing else.
Jasques. Gombrone.To this City and Island I must add the two only Sea-Ports of consequence on this Coast, appertaining to the Crown of Persia which are Jasques and Gombrone, in which the English have their Factories and residence, and is the place where their Ships do lade and unlade their burthens for this Kingdom, and where also the Goods and Commodities bound for Hispahan, Casbin, Sciras, Casan, and Tatiris, and generally for the whole Empire, are landed, and here laden upon Camels, Dromedaries, and Horses into those places; and because that I find that the Coins, Measures, and Weights of this place do somewhat differ from them passable and at use in Spahan, and more within the Land, I have thought it needful here to insert the same, according as I have gathered them from those that have frequented the places abovementioned, referring the Reader for what is here omitted to Spahan it self, the Metropolis of this Empire in the following Chapter.
Coins current in Gombrone, and Jasqu's, and Ormus.The Coins then here in use and valuation are these:
- 1 Bessee of Copper is 4 Cosbegs.
- 1 Shahee of Silver is 2½ Bessees, which is 4 d. Sterling, or 10 Cosbegs,
- 1 Mamothy Silver is 2 Shahees, which is 8 d. Ster. or 29 Cosbegs.
- 1 Abashee of Silver is 2 Mamothis, which is 16 d. Ster. or 40 Cosbegs.
- 1 Asar of gold is 20 Shahees or 6 shil. 8 d. Sterling.
- 1 Toman of Gold is 10 Asars, which is 66 shil, 8 d. Ster. and this Toman is accounted 50 Abashces, or 2000 Cosbegs.
These are the general Coins current throughout Persia; to these I must add those in use in these parts abovementioned: The Rial of 8/ [...] Spanish is here a Commodity, bought and sold, and the common estimation thereof is here 130½ Cosbegs, or 13 Shahees, and somewhat more, which accounted at 4 d. per. Shahee, is little more than 4 shil. 4 .d Sterling. Again, this Rial of Eight passeth here for 5¼ Larrees, which Larrees are 10 d. Ster. and by this account the Rial of [...]/8 is 4 shil. 4½ d. Sterling.
1 Larrce is 5½ Saddees, each Saddee being not fully 2 d. Ster. and each Saddee accounted here for 40 Flosses; so that the Larree is here 220 Flosses, and every ℞ of [...]/8 is here at Gombrone and Jasques 1155 Flosses.
Weights of Ormus, Gombrone, and Jasques.The common weight here and throughout Persia is the dram, 96 drams making 16 ounces Averdupois; so that 6 drams makes the said ounce, and 1200 drams being a Maundshaw, or as we may call it, the King's Maund, which hath been found to make in England 12 ½ l. Averdupois: In weighing of Silk they observe the Maund-Tauris, which is the ½ Maund-shaw or [Page 117]600 drams, and 5 Maund-Tauris is accounted here for 1 Maund of Sarrot, which by this computation should make 3000 drams, or 500 l. Averdupois, 36 Maund Shaws or 72 Maunds Tauris is a load of Silk, which is by the said calculation 43200 drams, which is 7200 ounces English, making Silk pounds 300 l. Averdupois, which is about two Coles of Aleppo of 46 [...]/ [...] Rotolos per Peer.
Measures of Ormus, Jasques, and Gombrone.Their measure in use here as throughout all Persia is not found much to vary, they have in general two, which they term the Coveda, the short and the long; the long Coveda is somewhat longer than the English Yard, accounted by some 37 inches; and at Sciras and in some other Cities it is found to be 38 inches, by which all Cloths, Kersies, and Outlandish Monufactures are sold. The short Coveda is proper only for the Manufactures of Persia, accounted to hold out 27 inches, and found agreeable to the Pico used in Constantinople and Aleppo. And thus leaving Ormus and the said Port-Towns of Jasques and Combrone, I will hence travel to Parthia, wherein I find Hispahan the Metropolis of Persia seated.
Parthia.The next Countrey subject to the Crown of Persia is Parthia, bounded on the East with Aria, on the West with Media, on the South with Caramania, and on the North with Hircania, and is now in the Persian tongue called Erache.
The chief Cities that are found in this Tract are Guerde, Irsdie, and last Hispahan, formerly Hecatomoyle, the residence of the present Sophie, and accounted of that bigness, that the Persians hyperbolically call it, Half the World; under which I will comprehend the general Trade of Persia, so far forth as I have found it observed.
CHAP. LXXXI. Of HISPAHAN and the Trade thereof.
Hispahan and the Trade thereof. HISPAHAN in times past was called Hecatompolis, or the City of 100 Gates, which name it may well still retain, seeing that the Walls thereof contain a reasonable days journey on Horse-back, it is now become the greatest City in all the Persian Dominions, and so much the more populous and magnisicent, as being the common residence of the Persian Sophies; it is strong by situation, defended by a high Wall, deep Ditches, and a goodly Castle; on the West-side stand two stately Palaces or Seraglio's, for the King and his Women, far exceeding in state and magnificence all other the proud buildings of this City. The Walls are of red Marble, and pargetted with divers colours, and all the Palace is paved with chequered and fretted work, and on the same is spread curious Carpets both of Silk and Gold; the Windows are of Alabaster, of white and other spotted Marble; the posts and wickets of massie Ivory chequered with glistering black Ebony, so curiously wrought in winding knots, as may easilier stay than satisfle the Eyes. of the wondering beholder; to which is added a pleasant Garden, wherein is seen a thousand Fountains, Brooks, and lesser Rivulets; and also what may else be wanting, to make it fit for so great a Monarch.
The Inhabitants of this City do all their affairs on Horse-back, both publick and private, going from place to place, they confer one with another on Horse-back; and so do the Merchants buy and fell and negotiate; the difference here between the Gentleman and the slave being, that the slave never rideth, nor the Gentleman never goeth on foot.
It is not questionable, but that this City, the splendor of all Persia, the continual residence of the Kings, and inhabited by so many eminent persons, as always attend this Monarch, but that it is of great Trade and concourse of Merchants, and furnished not only with all the native Commodities of Persia, but also of those of Arabia, Turky, India, and China, hither, brought in great abundance to be exchanged for the native Commodities of this place: and though it want the commodiousness of the Sea, yet by Caravans it is supplied with all those things that are conducible either to beauty, necessity, or ornament. The Caspian Sea afford; it the Commodities of Turky, Russia, and Moscovia, and Jasques with Ormus; his two Sea-Ports in India afford it the Commodities of India and Arabia; all other Commodities from either the Turk or Mogul is supplied by Caravans, Dromedaries and Camels; which hath cost by late observations in portage and carriage of Commodities thus:
Carriage of Commodities by Caravans.The carriage of 100 Maunds of wares from Sciras to Hispahan costeth 70 S [...]hids, and from Spahan to Casan 60 Sehids, from Hispahan to Ormus by Sciras 120 Sehids, and from Hispahan to Tauris 40 Sehids.
Prices common of Commodities in Spahan.The common Commodities of Hispahan I have already nominated, and though all Commodities in general are subject to rise and fall in price amongst Merchants, yet the Maund of Cotton is here at 12 Sehids, the Maund of Rice 7 Beste, the Maund of Dragant 2 Beste, of Enap 2 Beste, of Non 3 Beste, of Laghem 4 Beste, of Anil 40 Mambodies, and the Catree of Sugar is worth 400 Tomans, which is ( [...]) pound English.
[Page 118] Coins current in Persia.Their Coins current in Hispahan, and generally throughout all the Kingdom of the Sophie are of several sorts, partly of Brass, partly of Silver, and partly of Gold. The principal whereof is the Toman, which formerly hath been accounted to be worth 6 l. Sterling, since 4 l. and by reason of the late wars imbased, and worth now only 3 l. 6 s. 8 d. at Sea-side Sterling, and by some accounted 3 l. 12 s. 6 d.
This Toman is worth 200 Shaheds or Shahees, 14½ or 15 ℞ [...]/ [...] Span. or 10 Asures, which have been accounted 4 l. ster. a piece, a Mamothy of silver, is 2½ Bestees of Copper.
The Rial of [...] Span. is here accounted for 12 Shahees, and 1 Cosbeg, or 5¼ Lorins.
The Lion Dollar current in these parts to 10 Shahees, every Shahee is 4 d. sterling, or 50 Deniers here in account,
A Rupias, which is the Coin of the Mogul, is Abashees, 4¼, which is 2 s. 3 d sterling.
A Mamothy is 9 Cosbegs or 32 Dores, or 100 Deniers.
A Bestee of Copper is 4 Cosbegs, or 20 Deniers.
An Abaisee of Silver is 2 Mamothies, or 20 Shahees, or 200 Deniers.
A Chequin of Gold, Xeriff or Solton is 18½ Shahees; yet in some places of Persia they pass for 20 Shahees, and in some for 24 Shahees.
An Asure of Gold is 20 Shahees, and 10 Asures is a Tomano 3 l 6 s. 8 d. sterling.
A Larin is 5½ Shahees, and in some places only 5 about 10 d. or 10½ d. sterling, here 25 Cosbegs.
A Fonan is 9 Cupans.
A Mitigal is 32½ or 34 Shahees.
A Sadee is 40 Flosses.
A Shahee is 10 Cosbegs.
A Mitigal is 33½, and in some places 34 Shahees.
A Tanger is 12 Pulls, which is Shahees.
Accounts kept in Persia.They here keep their Accounts in sundry Species and denominations, some in Xeriff, some in Spanish Rials, and some in Tomans, and some in Shahees: The common Account is thus distinguished.
The | Abashee is | 200 | Deniers, or 20 Shahees. |
Mamothy is | 100 | Deniers, or 10 Shahees. | |
Sadon is | 50 | Deniers, or 5 Shahees. | |
Viste is | 20 | Deniers, or 2 Shahees. | |
Cosbeg is | 5 | Deniers. |
And those that keep their Accounts in Shahees only, they reckon them to hundred thousands, and hundred thousands, as the proper known Coin of the Country; and this manner hath seemed the best to our English there resident, which they account 60 Shahees for 20 s. sterling.
Weights current in Persia.The weights of Persia are consistent of three sorts, of the Dram, the Mitigal, and the Mand or Mandshow.
The Dram is the least, 100 whereof makes 66⅔ Mitigals.
The Mitigal is the next, 100 whereof makes 150⅔ Drams.
The Mand or Mandeshaw is the greatest, and makes 1200 Mitigals, or else 1800 Drams; which hath made by the observation of some Factors that have resided there 14 l. 9 ounces Averdupois.
The sum or Cargo of Silk is accounted here 36 Mandshaws: which accounted as above, makes English 524 l, Averdupois, and is great pounds of 24 ounces incirca 350 l. But the East-India Company find it to be 300 great silk pounds and no more, by often trial: But it is to be noted that these Mandeshaws are found to differ in many Provinces and Cities in Persia, and the bordering Countreys, and doth differ in many Commodities; but the Mandeshaw common of Persia is 1200 drams for silk.
The Mandeshaw of Tauris is but 600 drams.
The Mandeshaw of Syrrat is 5 Maunds of Tauris above-named.
The Maund of Hispahan is accounted one and half Mand of Siras, besides which they have these weights in some places;
1 Dubba is counted 5 Maunds.
1 Sherway is counted 50 Maunds.
1 Rellaii is counted 7 Maunds.
1 Maund is counted by observation pounds English.
In Tauris also before-named, a City in times past of great Trade, in this Country they have [...] Maunds, the one of silk, which hath made by a Florentines observation 5 [...] l. Florence, and another for all other Commodities; the 100 whereof hath made there by the said observation 264 l. Florence.
[Page 119] Measures used in Persia.The Measures of length used in Persia is of two sorts, and both of them called a Covedo; a long and a short.
- The long accounted to be 37½ inches English measure.
- The Short accounted to be 27 inches English measure.
agreeable to the Pico of Turkey.
This is what I find observable in the particular Trade of Persia; I will now view it as it stands in the general parts thereof.
CHAP. LXXXII. Of the Trade in general of Persia.
The Trade in general of Persia.THE Trade of Persia, as it is found subsistent in these days, consisteth more by an In-land than a Maritime Traffick; for if the large extent of the Sophie's Dominions be well considered, and the neighbouring Regions whereon it bordereth, it will be found that it wanteth many things to make it eminent. It is plentifully supplied of Commodities, and those also of excellency, as of Silver in great quantity, raw Silk in abundance, and of some Drugs naturally grown: but when the industry of the Natives is surveyed, it will be soon discerned that the costly, rare and rich Carpets here made, the curious and fine Cotton Cloths here wrought, for their Turbants, Girdles, Shashes, Shireing, and the like, interwoven with Silk, and not seldom with Silver and Gold; and the daily use thereof not only in Persia it self, but throughout India, Arabia and Turkey; witness to the World the ingeniousness of this Nation: The greatest want and impediment of Trade that they have here is of Sea-Ports and Havens, of which they are much scanted. They enjoyed once a large tract of Landlying along the Caspian Sea, from Darbrnt on the one side, bordering on the Turks, to Deristan on the other, bordering on the Tartars; but of late days the same is much shortned, for the Grand Seignior hath laid Tauris, one of his Metropolitan Cities for his limits, and the Tartar hath entred as far as Minerdon, so that he hath only left him upon this Sea the Ports of Gilan and Pismir, that are of any consequence, wherein much Trading is not exercised, by reason of the ill neighbourhood of the Turks, Muscovites, and Tartarians, coasting the Caspian Sea. In the Persian Gulph he did enjoy the commodious and famous Town and Port of Balsara, taken from him by the Turks about 60 years past, and Ormus in the entrance of that Gulph is but lately reduced to his Scepter by the valour of the English, though antiently belonging to his Crown. Jasques and Combrone Ports belonging to the Persian, and where the English resort to.The Ports of Jasques and Combrone, being the only two Sea-Ports he enjoys upon the Continent of any quality, to which and Ormus all the Trade of Persia toward India is observed to be driven, and to which the Portugals, Dutch, and English resort for their Silks, and other rich Commodities of Persia; and where each of them have Factories and residency for the Trade of this Countrey: and now on each side of Persia by Land-ward he is invironed by three mighty and powerful Nations, with whom he is sometimes in Wars, and sometimes in Peace, the Mogul's Countrey and Tartar on the one side, and the Turks on the other. For the Trade thereof; it is observed, that Persia yielding yearly incirca 12000 Coles of Silk, which is the prime Commodity of this Kingdom, growing principally and made at Gilan, Bilan, Mahmody, and Arasse, (which last affords that sort of Silk which we call vulgarly Ardasse) the one third part of which is conceived to be vended into Turkey, transported by Camels into Aleppo, Damasco, Constantinople, Brussia in Natolia, and of late days to Smyrna, and from thence conveyed for the most part into Europe, especially to England, France, and Italy, where the same is spent and consumed; in return of which they have from Syria, and those parts principally Rials of [...] Spanish, some Gold and some sorts of Cloth, Woollen and Silk Stuffs brought thither out of Venice, Marselia; and London. Another third part of the said Silk is carried to and spent in Agra and the Dominions of the Mogul, into Ormus, Jasques, &c. and thence by the Indians and Arabians into Sarmacand, and other the Dominions of the great Tartar, and into Astracan, and other the Dominions of the Moscovite, in return whereof they have the Spices of India, the Drugs of Arabia, the rich Furrs of Russia, and the precious Gems of Cathai, and other the Commodities of Tartaria; and the other third part is imagined to be spent for their own use and clothing at home in their own Countrey; so that by virtue of this sole Commodity which this Countrey thus abundantly affordeth, and which is sought after by all other Nations, (and the curiosity and luxury of this Nation in general) they have the Commodities of all other Countreys in return thereof brought unto them. Divers Propositions have been made, and divers Inventions proposed, and sundry Treaties have been set on foot, only to compass the sole Trade of these Silks of Persia, with the Sophie himself, who alone challengeth a propriety therein throughout his whole Dominions. The Dutch have more than once thrust at [Page 120]it, and to have it delivered at Astracan, and so to be conveyed against the stream of Volga into Moscovia, and so to Holland: but the Sum and Stock required was so vast to compass and manage it, and the propositions and passage so difficult and dangerous, that they gave it over with this opinion of the World, that they endeavoured to swim against too great a stream, and that they had some plot to set it afoot, and never intended to go through with it, or otherwise were not able to compass the same; since which the Duke of ( [...]) hath put on for a branch only thereof: but when the account came to be made up, his means was too mean to go through with that small proposed part he aimed at: and lastly, the English East-India-Company, (as Merchants measuring their Actions with the weight of their Purses) have more prosperously succeeded; and in Hispahan have contracted with the Sophie for a round quantity, who have Merchant-like performed on their parts the conditions agreed upon, so far to his good liking, that by his late Ambassadour in England, the whole yearly growth was tendred and offered to them; but his ill performance in the lesser, made them question the like in the greater; and therefore to their honour refused it. Now as concerning the lesser parts of the Countreys Traffick, which consists in the Manufactures of this Kingdom; I pass them over in silence as being of lesser consequence, and hasten to Tartary the next Country, bordering upon the Persians.
CHAP. LXXXIII. Of Tartary and the Provinces thereof.
Tartaria. TArtary is bounded on the East with the Eastern Ocean, on the West with Moscovis and Moldavia, on the North with the frozen Ocean, on the South with the Caspian Sea, the Hill Taurus, and the wall of China: It is divided into these Provinces, Precopensis, Asistica, Antiqua, Zagathai, and Cathaia.
Procopensis.In Tartaria-Procopensis is found the ancient City of Crim, the Seat of Tartarian Rulers, whence this Nation had their Original and Name: also Oksacou, the residence of the present Princes; and lastly Caffa, the only Sea-Port of consequence in these parts, of the Trade whereof it wil be needful I should speak a word.
CHAP. LXXXIV. Of Caffa, and the Trade thereof.
Caffa and the Trade of it. CAffa, anciently Theodosia, seated commodiously for Traffick in the bottom of the Black Sea, was by Mahomet the Great taken from the Genoese, and is the present Scale for all Commodities that pass by Sea from Constantinople, Trabesond, Podalia, and W [...]l [...] chia by Danubius, and such other places to Tartary, Muscovia, &c. The Countrey affords great abundance of Cow-Hides, Wax, Honey, and a kind of pickled Fish much resembling the English Herring here caught upon this Coast: also it sends to Constantinople some Butter sowed up in Oxe-Hides of all colours, and sluttishly made, which serves for provision there to the Slaves, and the meanest sort of people inhabiting this large City; also thence the Grand Seignior hath his principal Timber for the building of his Gallies, Ships, and such other like provisions.
Caffa doth in matters of Merchandize and Trade retain still much of the Customs of the Genoese, to whom for a long time it was subject; and so doth Thana, Sorgat, and other principal Cities bordering upon the Black Sea, which I will in brief touch, so far as I have gathered the same when I lived in Turkey.
Coins current in CaffaFirst then, the Coins of Caffa are the same as are current throughout Turkey, save that the neighbourhood of Tartaria and Muscovia makes the Coins of those places and Kingdoms likewise pass current there, as it is found in all frontier Towns which border upon two Nations, and that are either free of themselves, or subject to other; therefore for the same I will reset the Reader to the Coins current in those bordering Countreys.
The weight of Caffa.Their weight is a Rotolo, 100 whereof makes a Cantar, which answers in Averdupois weight to 70 l. English; which said Cantar is divided into several divisions, according to the Commodity bought or sold thereby; as sometimes to Batmas, accounting 7½ Batmas to a Cantar, and 12 Rotolo's to a Batma, and then a Cantar is but 90 Rotolo's: and sometimes to Sommas and Saggies, as 124 Saggies makes a Somma, and ten Somma's make a Cantar of 100 Rotolo's abovesaid; and Silk is sold by this Somma, and 20 Somma's to a Draught, which is 2 Cantars, and is English about 140 l. and in Venetia sotile weight 112 l. circa.
[Page 121] The Measures of Caffa.Their measure so far as I could learn is but one, which is the Pico, the 100 whereof made in Venetia by trial of a friend, silk- Braces 130, and this Pico is divided into 8 Rups, as at Constantinople.
Accounts in Caffa.They have also a Coin which is called a Somma, in which their Accounts are kept, and to which other Coins current are reduced; and the same is divided to Saggis, which they account by 45 Saggis to a Somma, and 4 Sommes to a Soltany or Chequin; and thus much shall serve for the Trade of Caffa.
CHAP. LXXXV. Of Astracan and the Trade thereof.
Astracan and the Trade thereof. ASTRACAN is in Tartaria Asiatica, as I shall shew hereafter, seated in the Emboshure of the River Volga, having 70 months, and receives the Trade of all the Caspian-Sea, into which the said River entreth; it hath a very great confluence of Merchants, who by the benefit of that Sea have here a very great Trade, Volga bringing it all the Commodities of Muscovia, Russia, and Tartaria; and this Sea the commodities of Persia, Arabia and other Provinces abutting thereupon; it is situate in an Island of 12 leagues compass, defended by a wooden Castle and earthen Walls, taken by the Muscovites in Anno 1552. from the Tartarians: it is all Winter shut up by the immeasurable cold, and all Traffick over and upon this great stream is performed on dry foot.
The Coins here current, by reason of my ignorance I must refer to the better experienced.
The Weights of Astracan.Their weights are here two, a gross for gross Commodities, and a sotile for fine Commodities; the gross Cattar hath been observed to have in England yielded 268 l. the small Cantar hath made English 103 l. now in both these Cantars there is accounted 20 Rotolo's to a Lib, and 5 Libs to a Cantar, and 12 Tochats to a Rotolo; which by the ingenious may easily be reduced to the sotile English pound, therefore I pass it over, and come in the next place to the measuras.
Measures of Astracan,The common measure is a Pico, and the 100 thereof hath made by observation in Venetia 126 Braces of Cloth measure, which is in England about (—) inches.
Corn and Wine. Corn and all other grain is sold by a measure called the Chistetto, which in Venetia comes to make 8½ Staios.
Wine and liquid Commodities is sold by the Butt; which is 46 Mistaties, and which also renders in Venetia 3¼ Bigonso.
Tartaria Asiatica.In Tartaria Asiatica there are few Cities; for the Inhabitants by borders or tribes travel with their substance from one place to another; yet in this Tract is found Casan, and Astracan afore-named, which is a very great Town of Commerce, considering these Regions, commodiously seated, (as I said before) on the mouth of the River Volga, by which there is a passage sound from the Caspian-Sea in some seasons of the year up to Mosco, and by which way (as I noted in the trade of Persia) some Merchants of Christendom more than once intended to transport the silks, and other the riches of Persia to Muscovia, and so to Europe; but the design proved dangerous and chargeable, by reason of such potent Princes that border upon that River; and by reason that the same must pass against the current stream, which in Winter is not found passable by reason of the Frost, by which and other discouragements the design was given over and fell to nothing.
Tartaria antiqua.In Tartaria Antiqua, I find not any thing worthy of note, nor yet City of import, the Inhabitants living like Vagabonds; Rhubarb,only it affordeth Rhubarb, which is so excellent in Physick by its proper nature, that the whole World is beholding to these Barbarians for the same as a Cure for many Diseases.
CHAP. LXXXVI. Of Zagathai and Cathai, and the Provinces thereof.
Zagachai. ZAgathai contains sundry Provinces, and but few Cities; Sarmacand.the most famous is Sarmacand, which gave both Cradle and Grave to mighty Tamberlain, from whom the Great Moguls boast themselves to be lineally descended,
Cathai.But Cathai is esteemed the richest and civilest Kingdom of all Tartary, the which is furnished with sundry great and populous Cities, Cambalu.especially Cambalu, the residence of the Great Cham, and where Merchants of all Nations are found to reside and Traffick to; as I shall shew hereafter.
[Page 122] Commodities of Cathai.This Country is found to abound with Rice, Grain, Wooll, Hemp, Rhuharb, Coral, and abundance of Silks, both growing and brought hither from China and other Countreys, amounting to two thousand Carts yearly; the City is held to be 30 miles about in compass, and is replenished with all Artsmen ( Astrologers being here in great reputation) which may (considering their number found here, being, as some write, 5000) be more properly termed Fortunetellers, or Gypsies; but these Countreys resemble in customs the Muscovite and Chinois, none being permitted to search into their Cities and manners, except they come either as Ambassadors or Merchants; yet what I have gathered of the Trade of this Country, I will include under the title of Cambalu, the principal City of this Empire.
CHAP. LXXXVII. Of Cambalu, and the Trade thereof.
Cambalu and the Trade thereof. CAmbalu, the Metropolis of Cathai, as Sarmacand is of Zagathai, is seated on the North-East bordering of this Countrey, containing both the old and new City, through which doth run the famous River of Polisanga; it is accounted 28 miles in compass, or rather in square, each Angle containing 7 miles, and in every square is placed three principal Gates which incloseth the Town with Earthen Walls or Rampiers of 10 paces in thickness, and every Gate comprehending a sumptuous Palace, and every Angle having also an excellent Palace, where the Armours of the Garrison Souldiers are kept, which is 1000 Souldiers at every Gate,
The Buildings are squared out proportionably, and every Street is drawn out to a line, so that every Gate yields a free prospect through the City to the opposite Gate, beautified on each side with stately Edifices and Houses for the Honourable of this Country.
In the midst of this City is a sumptuous Palace, wherein the Grand Cham resideth, with all his Queens and Children, and wherein is placed a Bell, which is tolled at certain hours of the Evening, after which may no man stir out of doors, until the beginning of the day following; the largeness, rarities, curiosity, and richness of this Palace, the partitions allowed his Queens, and Lodgings appointed for his Children, and their daily Attendants, and the Order, Beauty, and Manner thereof, I willingly omit, as not pertinent to my present purpose.
Without this City Walls are accounted 12 Suburbs of 3 or 4 miles long adjoyning to each of the aforesaid 12 Gates, and here all Merchants, Strangers, and Foreigners do abide, each Nation having a several Cane or Store-house, where they both lodge, and exercise their Merchandize, and traffick one with another for the Commodities of these several Countreys: The confluence of Merchants here cannot choose but be wonderful, seeing it is reported that the City is so populous, that the Cham maintaineth 5000 Astrologers here daily, besides many thousands of Souldiers both of Horse and Foot, that 12000 Horse is accounted but as his ordinary and daily Guard; Exendu, and the largeness thereof.besides which, the near neighbourhood of Exendu, the principal place of the Grand Cham, seated not many days Journey hence, where Merchants are not permitted to enter, is built in a four square figure, every side extending eight miles in length; within this Quadrant is another, whose sides are six miles long; and within that another of four miles square, which is accounted the very Palace it self; and between which several walls are found, Walks, Gardens, Orchards, Fish-ponds, places for all manner of Courtly and Military Exercises, and also Parks, Forests, and Chases, for all manner of Pleasures and Game, and the infinite number of Attendants and Servitours, that of necessity is required to wait upon so great a Prince, with the Officers thereto belonging, cannot but much increase the Trade and Commerce of this City and place.
As for the Trade of this City of Cambalu, and generally of all Tartaria, it is observed, that the Countrey, (though in a large Tract) extending it self upon the North Ocean, yet by reason of the long continued colds and frosts, the Inhabitants have but little benefit thereof, however it may be conceived, that the Molucco's, Japans, and other Islanders thereabout in the season of the year, have here a great Traffick, and that hence these Tartarians are furnished with the Spices of India the Gems of Pegu, and Bengala, and peradventure with other the Drugs of Arabia [...] but upon the Caspian Sea, they are the Masters of many good Sea-Ports, besides Astracan which of late they have lost to the Muscovite, as Zahaspa Cosmi, Melmesuach, and others; by which is conveyed to them the Silks, Tapestries, Carpets, Arms, and excellent Manufactures of Persia, and in the Black-Sea, besides Capha, now in subjection to the Turks, they enjoy the brave Ports of Curaropo, Asow, and others, serving to convey unto them the Commodities of Turkey, Trabesond, Podolia, Walacia, and other Countreys bordering upon the famous River of Danubius.
[Page 123]Now for the other parts of this large Empire, it bordereth on the one side with Muscovia, with whom it is now in peace, though not seldom at debate, from whence by the benefit of Traffick, which I find observed not to be of any great consequence, they have rich Furs and other the Commodities of this Country.
But where it bordereth upon China, which is for a very large extent of ground, by some Author; accounted 400 leagues, the common report of the strict Laws and Customs of that Nation (to debar entrance to all Strangers) should perswade me of little Traffick that way; yet I find it observed by some late Travellers, whose Relation herein is questionable, That the City of Cambalu receiveth yearly thence by way of Traffick 10000 Carts laden with Silks and Stuffs of the China Fabrick; the truth thereof I refer to the censure of the Reader.
Coins current in Cambalu, and through Tartaria, of the bark of Mulberry-trees.As for the Moneys current in this large Territory, I find it to be diversly made, yet neither of Gold nor of Silver coined, but of the middle Bark of the Mulbery Tree, which being made firm, and cut into divers and round pieces great and little, they imprint the King's mark thereupon, and from this mean Stuff the Emperour causeth a huge mass of Moneys to be yearly made at Cambalu, which sufficeth for his whole Empire, and no Man under pain of death may coin or spend any other Money, or refuse it in all his Kingdoms and Dominions; whereby it cometh to pass, That Merchants often coming hither from far and remote Countreys, bring with them Gold, Silver, Pearl, and pretious Stones, and receive the King's Money for them; and because the same is not current in their Country, they therewith buy in this Empire other the Commodities here found, which they carry hence away with them: the King also payeth his stipends, Officers and Armies with the said Moneys, and buyeth whasoever else he needeth with the same, so that no Prince in the World can exceed him in Treasure, which is at so easie a rate provided and procured.
Of Coral polished.Besides which, I find it observed in some parts of this large Country subject to some subordinate Kings, in subjection to the Great Cham, that they use in some places pieces of polisht Coral, in stead of Money; and in others they have certain twigs of Gold in lieu of Money, which is distinguished by weight into several parcels, without stamp or character, and this is accounted in matters of consequence: Of Salt in Loaves hardned.but they have a lesser Coin (if I may so term it) made of Salt, which they boil in Caldrons for a certain time, which congealed they make into lumps, like our Peny-loaves, which being made solid is signed with the Prince's Stamp, and passeth thus current amongst them, and wherewith they provide themselves of all necessaries; In some others I find also that they use Porcelan for Money, and weighed pieces of Gold; for in some Countreys of this Empire Silver Mines are not found, and they give in proportion one ounce of Gold for five ounces of Silver; neither is it found in many places of this Country that they have the use of Letters; therefore the Merchants make their Contracts and Obligations in Tallies of Wood, the half whereof the one keepeth, and the other the other half: which being aftetwards paid and satisfied, the said Tally is restored; not much unlike the custom of Tallies in England. And thus much shall serve to have said of the Trade in general of this Country; the strange Customs, Manners, and Forms of Government hinder all further particular knowledge of Trade to our European Merchants: therefore leaving thus this Empire and City, (contented with this short Survey) I proceed to India, of late years become somewhat better known to Europe and to our Nation.
CHAP. LXXXVIII. Of INDIA, and the Provinces thereof.
The East-India is commonly divided into two Parts, viz.
- The one is
India within
Ganges, or that part thereof which lieth on the Westside of the River of
Ganges, which containeth 15 Provinces.
- 1. Dulsinda.
- 2. Pendab.
- 3. Mandao.
- 4. Delly.
- 5. Agra.
- 6. Sanga.
- 7. Cambaia.
- 8. Decon.
- 9. Canara.
- 10. Malabar
- 11. Narsinga
- 12. Oristan
- 13 Botanter
- 14. Patanaw
- 15. Bengala
- 1. Caximir, Cascimir, or Chusmur, 2. Roree, 3. Nigara, 4. Seftan, 5. Multan, 6. Duckee.
- 1. Labor, 2. Saltan-paure. 3. Athee.
- 1. Mandac, 2. Molton, 3. Scernus, Polymbothy.
- 1. Delly, 2. Tremel, 3. Doceti.
- 1. Fatapore, 2. Agra, 3. Hendee, 4. Biani.
- 1. Azmere, 2. Citor.
- 1. Sinda, in which is found 1. Tata, 2. Lawribander, 3. Calwalla, 4. R. Redempore, 5. Nuraquemire.
- 2. Guzarat, in which is found 1. Diu, 2. Sauran, 3. Boldra, 4. Ardovat, 5. Madabat, 6. Saringa, 7. Periano, 8. Sarkeff.
- 3. Cambaia, in which is, 1. Cambaio, 2. Barocho. 3. Swalley, 4. Surat, 5. Neriand, 6. Doman, 7. Campanel, 8. Dacaiotote, 9. Netherby, 10. Bandore, 11. Tanai.
- 1. Bidoe, 2. Visapore, 3. Danagar. 4. Decan, 5. Syntacora, 6. Goa, 7. Chaul, 8. Balagnate, 9. Brampore, 10. Sara.
- 1. Melinda, 2. Onor, 3. Baticalia, 4. Mangalor, 5. Mayendre, 6. Lispor, 7. Solsettee.
- 1. Cononor.
- 2. Callicut.
- 3. Cranganor.
- 4. Cochin.
- 5. Cai-Colam
- 6. Conlax.
- 7. Travancor
- 1. The City of Cononor, 2. Cata, 3. Peripatan, 4. Marabia, 5. Tramopatan, 6. Main.
- 1. Pandarane, 2. Tanor, 3 Partangale, 4. Chatua, 5. Chale, 6. Capacote, 7. Calicut.
- 1. Cranganor, a City of that Name.
- 1. Augmale, 2. Cochin.
- 1 Caia-Colam, the chief town
- 1 The City of Coulan.
- 1 Travancer, the chief City, 2. Qualicare.
- 1. Cael, 2. Golconda, 3. Chamdagrin, 4. Prepeti, 5. Chahambaram, 6. Madura, 7. Gingi, 8. Tanaor, 9. Moliapur, 10. Choromandel, 11. Casta, 12. Negapatan, 13. Tarnassari, 14. Bisnagar, 15. Penegardo, 16. Narsinga, the chief City.
- 1. Oristan, 2. Cateoba, 3. Angeli, 4. Bacalli, 5. Sinnergan, 6. Senerpate.
- 1. Bottia, 2. Clamur, 3. Kucares, 4. Couche, 5. Gouren, 6. Rame, 7. Recan, 8. Tripura.
- 1. Patane, 2. Banaras, 3. Siripur, 4. Ciandecan.
- 1. Bengala the City, 2. Gouro, 3. Catigan, 4. Taxd [...], 5. Porow Crande, 6. Poror Pequeno.
- 2. The Islands in the Gulf of Bengala, are,
- The other is
India without
Ganges, or that part thereof which lieth on the East-side the River of
Ganges, which containeth six Provinces.
- 1. Brama.
- 2. Couchin-China
- 3. Cambaia
- 4. Jangoma
- 5. Siam
- 6. Pegu.
- 1. Melintay, 2. Miranda, 3. Bacan 4. Cavilan, 5. Pro [...], 6. Tangu, 7. Ana, 8. Brema.
- 1. The City of Couchin-China.
- 1. Campa, 2. Cambaia, 3. Gudurmuch, 4. Coul.
- 1. Jangoma, 2, Lonea, 3. Curroy,
- 1. The Kingdom of Malaca, where is the City of 1. Malaca, Sincapura, 3. Polazimbilam, 2. Jor, alias Johor, a City so called in that Kingdom, 3. Kingdom is Patana, where is the City of Patane, 4. The Kingdom of Siam, where is 1. Socotai, 2 Quedoa. 3. Tana, 4. Lugar, 5. Calantam, 6. Siam, 5. The Kingdom of Mountay, where is the City of Odia, alias Udie.
- 1. Verma, the chief City thereof is Verma.
- 2. Machin. the chief City thereof so called.
- 3 Orachan, the chief Towns therein are. 1. Dianga, 2. Sundina, 3. Arachan.
- 4. Martuan, the principal City therein so called.
- 5. Pegu, in which is 1. Cosmi, 2. Jocabel, 3. Diun, 4. Coilan, 5. Lanagon, 6. Dala, 7. Siluamped, 8. Mecao, 9. Siriangh, 10. Pegu, the principal City.
India and the Provinces thereof. INdia is bounded on the East with China, on the West with the River Indus, on the North with Tartaria abovementioned, on the South with the Ocean, taking his name of Indus, a famous River here running 1000 miles ere it meet the Ocean; it lay after the conquest thereof by Alexander the Great for many years undiscovered, the Merchants only thereof were found to bring their native Commodities to Sarmacand, and Cambalu aforementioned, to exchange against such Commodities as those Countries afforded, as to the common Empories, and likewise to Ormus, where they provided themselves of all Aegyptian and Arabian Commodities, by which means knowledge was got of their Countries; but the great worth and wealth thereof was not fully known and discovered to us till of late years, by the Navigation first of the Portugals; then of the Dutch and English, this Country became better surveyed, Commodities of India.finding that the same afforded and abounded in all manner of Minerals, ( Lead and Copper only excepted) with all manner of Cattel ( Horse excepted;) with all manner of precious Stones, with all manner of Spices, some Drugs, and other Commodities, as in their particular Provinces shall be more particularly remembred.
Ganges.The famous River Ganges runneth through this Country, to which the Indians go in Pilgrimage, as if the water washed in or drunk could bring Salvation to them: this divideth India into two parts, called India intra Gangem, and India extra Gangem, both which include many large Provinces and Kingdoms; and first India intra Gangem hath nine principal Kingdoms, which I will briefly, following some Authors opinions, pass cursorily through.
1. Narsinga.First Narsinga, the chief City Maleaper; or St. Thomas where they hold the Body of this Apostle was burnt, though the Spaniards hold his Body was found under I know not how many fathom of ground in Calamana, by devout Fryers, that after the religious receipt of the Sacrament of their Wafer-God, digged for him and found it; vide Mafe Jesuit. 2. Malavar.The second is Malavar, 3. Ballasia. Conanor.and the third Ballasia, in which are found three famous Mart-Towns, Cochin and Calicute, and Conanor: the last having a large and safe Haven, commodious for the Trade of these Countries, distant from Calicute 30 miles, and Calicute distant from Cochin 80 miles: Calicute, by reason of its great concourse of Merchants is here a famous Mart, and extendeth it self for three miles all along the shore, principally affording to Christendom that sort of Pepper, taking its name hence of Calicute Pepper, also Callicoes Cloth, and the other sort of Pepper of the name of this Country of Malavar.
4. CambaiaThe fourth is Cambaia, a Famous Kingdom, very rich and populous, the chief City is also of the same name, and one of the richest of these Countries, containing 800000 persons.
5. Mandao.The fifth is Mandao, wherein is the City of Mandao, being 30 miles in compass, which held out a Siege of 12 years against the Mogul, who is King hereof, as likewise of those former Provinces named.
6. Bengala. 7. Aristan.The sixth and seventh is Bengala and Aristan, where is found the Cities of Cattigan and Satigan, and principally for Trade that of Bengala, on the Banks of a Gulph known by that name; and Orissa inhabited by Christians of St. Thomas so called, because he converted them.
8. Canora.The eighth is Canora, under the command of the Mogul; the most Famous Cities are Ultabat, Lispor, Melinda, &c.
9. Dellia.The ninth is Dellia, the chief City being Dellie, the sometimes residence of the great Mogul, the other famous Cities are Tremel, Fatabar, and Chesmer, famous for the study here of Magick: all these mighty Provinces have been conquered by the Great Mogul's Forces within these 90 years, to the astonishment of all India.
India extra Gangem. India extra Gangem contains 12 potent Kingdoms, and all under the command of the potent Kings of Barma, which cursorily I will also run over.
1. Macin.The first is Macin, Lignum vitae.famous for that Sweet-wood which this Country doth produce, called Aloes or Lignum vitoe, valued at its weight in pure Silver, serviceable only here for the pompous Funerals of great Princes; the chief City is the said Macin.
2. AracanThe second is Aracan, Ava.wherein is the City of Ava, which through the World is so famous for the abundance of Gems.
[Page 126] 3. Cambaia.The third is Cambaia, famous for this City of Cambaia, a place of great Traffick, which affords plenty of Gold, Silver, Aloes, and many other Commodities of great worth.
4. Couchin-China.The fourth is Couchin China, aboundeth with the like Commodities brought to Couchin-China, the chief City of this Kingdom; and much frequented by Merchants of all Countreys for Porcelane and China-dishes here made, and much in esteem and use in these Countries.
5. Barma.The fifth is Barma, made famous only within 60 years, for the Princes hereof have vanquished all the former Kingdoms, and made them Tributaries to this Kingdom and this Scepter.
6. Siam.The sixth is Siam, once the Lady of all India, now subject to Barma: the principal Cities are Mollacia, in compass 20 Miles, a Town of great resort for Merchants for the Traffick of Spices, and now in subjection to the Portugals. The next is Siam, situate on the River Mean, which every year overfloweth the Country for 120 miles: and lastly, Odin, on the River Cuipomo, on which 200000 Boats are found daily to be set on work, and contains 400000 Families; and is now known the residence of that Famous and Fortunate King of Barma, before-mentioned.
7. Pegu.The seventh is Pegu, which gives name to a principal City, having a rich soil and harborous Sea-shore; the principal known Haven is Martaban; and here is also Lasmin a City of great Commerce. This Country hath suffered much by Sword, Pestilence, and Famine within these late years, and is now, as the rest, a Province of this aforesaid powerful King of Barma.
Now having thus surveyed India in the general and in gross, as it is divided into Kingdoms and Provinces, it will be requisite it should next be surveyed in the particular, so far as it may concern our present purpose, which is the Commerce and Trade thereof; so far forth as it is at this day known to our Nation, wherein I could wish my Experience better to shew the particulars thereof, in consideration of the large extent of ground that is comprised under this name of India, stretching it self from Taurus to the Ocean one way, and from China to Persia, which is near 4000 miles another way, at which place it will be fittest for me to begin my Trade, and see what may be observed therein. Yet before I enter into this discovery, and give a particular relation of such materials, wherewith Trade is in it self practised through this large tract of Lands, Islands, and Seas; and before I shew the matter wherewith this Trade is in all this Country driven, it will not be improper I should also see who they principally are that manage this Trade, and to whom this great Traffick appertaineth, either as they are Natives and here born, or as they are Strangers and here are induced to reside, attracted thereto by the sole motive of the great Commerce and rich Commodities found either naturally here growing, or artificially here made and produced.
Commodities of India in general.This Country then, as I said before, aboundeth in the general with all manner of Minerals, Copper and Lead excepted; with all sorts of Cattel, Horses excepted; with all manner of Spices, with many sorts of Drugs, Cotton, Cloth, precious Stones, &c. to which may be added the want of Wine and Wheat that here they have, that so this Country may be beholding in some sort to others, as others are for her commodities to this. These being then the prime Commodities wherewith Trade is here maintained, I will note the Traders and native Merchants that are here resident, which properly I may account to be of five several sorts, all acknowledging several Rites, Religions, and Customs; and therefore partake of so many several forms and manners in the managing of their Affairs of Merchandizing. The Merchants in general trading in India.The Gentile Merchants are the first, and are found of great Eminency in some parts of this Tract. The native Christians converted by the discipline of St. Thomas, are the second, who in many places are found to manage a great and ample Trade through this Country; the third are the Mahometans, Persians, and Tartarians, especially since the great Victories of the Mogul, found here also of great quality and estate. The fourth are the Jews, who live straglingly dispersed over and through all parts of this Country, and in every Prince's Dominions exercise the same. The fifth are Moors and Arabians, who some 200 years past seized on some Haven-Towns here along this Coast, driving the Natives into the Inland parts, and at this day are seen to be very great Merchants. The sixth are the Portugals, who possessing some few Sea-Towns commodious for Traffick, brag of the conquest of the whole Country, which they are in no more possibility entirely to conquer and possess, than the French were to subdue Spain when they were possessed of the Fort of Perpignan; or the English to be Masters of France, when they were only Sovereigns of Callis. And now to the Cities of this Tract, where at this day is found a Trade to be practised, and first of Diu.
CHAP. LXXXIX. Of DIU, and the Trade thereof.
Diu and the Trade there of.THE Town and Island of Diu lieth about 20 Leagues from the Famous River Indus, and not far distant from the firm Land: It is now subject to the Portugals. who have conquered both the Island and Town from the King of Cambaia, and so fortified it, as it is conceived to be now invincible. This Town hath a very good and great Haven, and therein is found a great concourse of Merchants of all Nations, as Turks, Persians, Arabians, Armenians, and others of sundry Countreys; and because of the continual Traffick thereof, it is accounted the best and most profitable Revenue the King of Spain hath in all India, for that the Banians; Gusurates, Rumo's, and Persians, which Traffick in Cambaia, and from thence to the Red-Sea and Mecca, do both discharge their Wares and take in their Lading here at Diu, by reason of the commodious situation thereof, as lying at the entrance of Cambaia, and from Diu it is shipt and sent to Cambaia, and so brought back again to Diu.
Commodities of Diu, and that Coast.The Commodities of this place and this Coast, are first, fine Cotton-Linnen of sundry sorts, which they call Jorims, Sluyers, and Lamparads, and which we call by the general name of Callicoes, also Cocos, Oyl, India Nuts, Butter, Pitch, Tar, Sugar candied, Iron good store, and most excellent and fair Leather, which is artificially wrought with Silks of all colours both flowers and personages; and which is in India much esteemed to lay upon Beds and Tables, instead of Carpets and Coverlets: they make also here all sorts of curious Dseks, Cupboards, Chests, Boxes, Standishes, and a thousand such like devices in Wood, guilded with variety of colours, wrought with Imagery and Mother of Pearl, which are carried hence throughout all India; but especially to Goa and Cochin, against the time that the Portugal Ships come thither to take in their Lading to go homeward.
Other observations of the further Trade of this place I refer to Goa, the Metropolis of India in possession of the Portugals, to which all the other Forts possessed by the Portugals, in some sort have a reference in the matter and manner of their Trade.
CHAP. XC. Of Cambaia, and the Trade thereof.
Of Cambaia, and the Trade thereof. CAmbaia, the principal City of the Kingdom so called, is a fair and large City, and contained some years past 800000 persons; it is seated on the inclosure of the Famous River Indus, and there the River inlargeth it self to a great breadth, till it come to the Isles of Vacas, having the Island of Diu on the one side, and the Cities of Deman and Surrat on the other: it is absolutely the greatest City of Trade in these parts, and therein is a Factory seated for the Traffick in these Countreys of the English and Dutch East-India Companies: Here is also found a great concurrency of Merchants as well of Christians, as of Persians, Arabians, and Armenians, but the Natives which are called the Gusurates and Banians, are esteemed the greatest and most politick Merchants of all India, and held in subtlety equal with any Nation under the Sun.
Commodities of Cambaia.The Commodities for Traffick that this Country either naturally affordeth, or is artificially here fabricated, is Corn, Rice, and such Grain; Butter and Oyl, wherewith for their abundance they furnish all the Countreys round about them; also great quantity of Cotton Linnens are here made, which we term Callicoes of all sorts, called by them Canequins, Boffetta's, Jarins, Cantares, and others of sundry kinds of making, from the very coarsest wherewith they make their Sails for Shipping, to the finest, which are by us known by the name of Callico Lawns: Also here are made sundry fine Carpets called Alcatiffes and Banquies; also many sorts of Coverlets, called Codorins; also many Manufactures of Wood carved and imbellisht, some with Mother of Pearl, and some with Silver, and such like; also here are found sundry sorts of precious stones, as Spinals, Rubies, Granads, Jacinths, Amethysts, Chrysolites, Amber, Agats, Jaspes; also sundry Drugs, as Opium, Camphora, Bangue, and Sandal-wood, Sugars, and lastly and principally Anil or Indico is here growing, prepared and made ready, and from hence carried throughout the whole World: the principal places in this Country affording the same is, Bianny, Fetterbarre, Sherkis, Lahore, and other places thereabouts.
Surrat and Baroche, and the Trade thereof.To this place I should add the famous Port of Surrat and Baroche, being as is Cambaia under the subjection of the Great Mogul, and seated in this Tract, which because in matters of Traffick I do not find to vary from the former, I willingly omit, and therefore comprehend them under this Chapter and Title, proceeding to the current Coins, Weights, and Measures [Page 128]found in use and practised in these Cities, as in subjection to one and the same Prince, who is Sovereignt hereof.
Coins of Cambaia and Mogul's Country.The ancient current and general Coin of this Countrey is the Mahmudy, stamped by that Famous King Mahmood in the first conquest of these Countreys, which was accounted for (—) Res of Portugal, and by the English there resident estimated 12 d. sterling. But the Grand Mogul being the last Conquerour, prohibited the said coins of Mahmudis, and therefore at this day they are found very scarce, yet most frequent in Gusurat. The most current Coin now throughout his Territories being the Ruppie, of which there are divers sorts, which are,
The Casanna Ruppia which is the common Ruppia, worth in India ¼ Mahomudy, and estimated incirca 2 s. 3 d. sterling.
The Jacquiree Ruppie, 5 of which makes 6 Casanna Ruppies.
The Soway Ruppie — 4 whereof makes 5 Casanna Ruppies.
The Hondee Ruppie, of equal value with the Casanna Ruppie abovesaid; Accounts kept in Surrat and Cambaia.and in these last do the Merchants of Gusurat keep their accounts: Besides which, they have for smaller Coins current these.
The Pice, accounting 24 to the Mamody, which is 10 d. sterling.
The Shahee, accounted to the 16 Picos, or 10 Cosbegs.
And some there are that keep their accounts in Mahomodis, accounting 2½ Mahomody to be one Hondee or Casanna Ruppie, being thus estimated for 2 s. 6 d. sterling, as 2 Ruppies are accounted for 1 ℞ [...] Spanish, though indeed not found always of that value, for the Ruppie is here observed with the right of a Prince's coin, and the ℞ [...] for a merchandize or commodity, rising and falling: the said Ruppia in Agra is found to pass for 84 Pices, but this is thus most current in Amadever, Lahoro, and other the places where the Christians of Europe and others do provide and buy their Indico, &c. and there two of the said Ruppia's make in ordinary payment for Merchandize 1 ℞ [...] Spanish.
Weights in Cambaia, Surrat, Agra. and the Mogul's Dominions.There is generally found throughout the Dominions of the Great Mogul two several weights, the one proper to Silk, and the other for all Merchandize besides, and both of these have their foundation upon a weight of Copper, called, as the Coin aforesaid, the Pice.
A Pice in Silk is accounted 5½ Mitigals.
A Mitigal is ( [...]) about 13 d. 10 Troy.
A Pice of Silk is also accounted for 2 Tolls, 1 Toll is 12 Masses.
A Sear, of which there is a small and great; the small Sear is ordinarily used in Silk, and accounted 30 Tolls.
Now for the common weight for all other Commodities, I will begin with the Sear, which varies here in several parts of this Country.
A Sear of Surrat is 18 Pices weight of Copper money, which is 13⅓ ounces Averdupois.
A Sear of Agra, called the Sear Acoberg, is 30 Pices, which is 22 ounces Averdupois.
A Sear of Agra, called the Sear Janquery, is 36 Pices, being the common Sear of all India, and double the Surrat Sear, which is 26⅔ ounces.
A Sear of Puttana and Ganges is 37 Pices, and those that have made a strict calculation, have found that 22 common Pices makes 16 ounces Averdupois.
They have also in use in these Countreys two Maunds.
A Maund small of Surrat is 40 Sears of Surrat, and the said Maund is 33 l. Averdupois.
But they have for some Commodities another Maund in Surrat about 27 l. Averdupois.
A Candil of Surrat, Cambaia, &c is 20 of the said Maunds.
Sears 40 makes a small Maund of 33 l. English.
Sears 40 great make a great Maund of 54 3/ [...] l. English, and some have observed it to be 55 l. English; and this is the Maund of Agra.
Amadever.In Amadever this difference is found in the said weight.
A Maund is 40 Sear, which is 18 Pices, and 33 l. English.
And the 100 Maunds of Amadever is 63 Maunds of Agra.
For Gold, Silver, Musk, Civet, Bezoar-stone, they have another weight which they call the Toll, being 12 Masses, and is 7 d. 16 grain Troy weight in England, as hath been observed both by the English and Portugal Merchants.
It is not to be questioned, but that this so large tract of Country must admit of more diversity of Weights, which I am inforced to pass over in silence by reason of my ignorance, and refer what is here omitted to the better experienced.
Measures in Cambaia, Surrat, Agra and Mogul's Country.There is used in these parts two common measures, and both called a Covato, a short and long Covado.
The short Covado of Surrat, Cambaia, &c. used in the sales of many Commodities, as Linnen and Silk is 27 inches English.
The long Covado of Surrat used for woollen cloth is 35 inches.
[Page 129]But in Agra, Labore, Dilly, Brampore, &c. the ordinary and common Covado is found to hold 32 inches, and called in some places of this Country Elahy.
At Puttana they have a Covado of 38 inches, and by the observation of some, it hath been found that 1 [...]/3 Covado of Puttana is 5 Covado's of Agra, which makes four Yards English.
And note, That in all the Moguls Country they use no concave measures for any grain or liquid commodities, but sell the same by weight, in the same nature as they do all ponderous and massie commodities,
They measure their ground and days journeys by a measure which they call a Corso, which is one thousand five hundred Geometrical paces, and is accounted in common estimation of our late Travellers a mile and a half English.
Lahore.In this tract and belonging to this Prince are many famous Towns of Trade, the chiefest is Lahore, famous for the Indico there growing, and prepared; and for that admirable High way to Agra of twenty days journey, beset on each side with Mulberry-trees, and whence there departeth yearly above twelve thousand Camels laden with Spices to Hispahan, which are brought hither from India.
Amadabar.The next principal town is Amadabar, famous in these parts for the great trade and excellent situation thereof, as being the most eminent City of the Gusurates. Tutta.Neither is Tutta here to be forgotten, though an Island Town, yet seated on the famous River of Indus, and having dependency and belonging thereunto: Lowribander.and that excellent Port of Lowribander, three days journey distant from it, on the shore commonly intituled the Coast of Sindie, wherein it hath been observed by our European Navigators, that Ships may safely ride without receiving harm by the Worms, which do much hurt in SURAT, and all alongst the coast of India.
CHAP. XCI. Of GOA, and the Trade thereof.
Goa, and the trade thereof. GOA is the Metropolis of India, I mean of those that are under the command of the Portugal or Spaniard, where the Viceroy, Archbishop, and the King his Consul, and Chancery do reside; here is also the Staple of all India Commodities, whereto Merchants of Arabia, Armenia, Persia, Cambaia, Bengala, Pegu, Siam, Malacca, Java, Molucco, China, and of sund [...]y other Countreys do resort: It is seated in an Island of three miles circuit, but is but little distant from the firm Land; the Port is capacious of good Ships, but if they exceed 200 Tuns, they unlade short of the Town a place called Bardes, well built with fair houses both publick and private, after the Portugal manner, and hath in it many Cloisters, Churches, and Priories; but is not fortified with any walls, but the contrived and continued buildings of the houses, serves both for the defence and inclosure: in the heart of the City is a Street called the Leilon, where a daily assembly is made from 7 to 9 in the morning, not only of Merchants from all parts, but also of Gentry; and during the said hours the said Street is replenished with all Commodities and Merchandize from all the afore-named Kingdoms, set forth in manner of our Fairs in England; which daily is thus practised, and wherein the rich Commodities of those Countrys are vended and put to sale; besides which, there are particular Streets where the native Indians do dwell together, being found to be here great Merchants, and for the most part inhabit near together, especially such as are found to be of one and the same Art and Profession, being bound by the strict Laws of this Country, every man to marry within his own and the same Trade, and to bring up likewise their children in their own and the same Profession; which law (being strictly observed) giveth great perfection to all Arts here practised: Their Winter begins here the last of April, continuing till September, and is called Winter, not for the cold, but for the continual rains that are found all this time; the rest of the time is accounted Summer, which is without rain, and the pleasantest of all other seasons upon this Coast.
Commodities of Goa.The Commodities natural of this place are not observable [...] the Island small, and the firm Land plentiful in Palm trees, Cocus, and the like: the City is the common Staple for all India Commodities, brought hither by others, and here bartered and exchanged for other; but of it self not affording any of note or consequence.
Coins current in Goa.They have here two sorts of Moneys, a good, and a bad, and therefore in all contracts they are as well to bargain for the money that is to be received, as for the commodity that is to be sold: but because this place is neighboured with sundry great Nations that traffick hither; it will be fit I should inlarge my self a little further on this subject.
The common moneys here current is called the Pardaus Xeraphin, Coined here, and worth 300 Res of Portugals, and is as much as three Testons, which is English money about four shillings six pence sterling.
[Page 130]One Pardon is five Tanga's, which is an imaginary coin, and is in both sorts of the coins in use, as accounting five Tanga's bad money, being the same in worth as four Tanga's of good mony.
One Tanga's is worth four good Ventins, and five bad Ventins, a coin also imaginary, and not real, and is worth seventy five Basaruco's.
A Vintin is worth 15 bad Basaruco's, and 18 good Basaruco's, which is the lowest and smallest coin here in use.
Tree Basaruco's is worth two Res of Portugal money, and by this account, the Pardu Sheraphin is worth 375 Basaruco's: and these are all the proper coins of Goa: the other here current are.
The Persia Larins, a coin of very fine silver, and worth 110 Basaruco's.
The Pagode of gold worth about 10 Tanga's, is, 8 s. sterling.
The Venetiander of gold, worth 2 Pardaus Sheraphin.
The St Thomas of gold, worth 8 Tanga's.
The Rial of [...] called Pardaus de Reales, worth commonly 440 Res of Portugal; but these and the Larins of Persia may here be accounted for Commodities, rising and falling in price, as the occasions of Merchants inforce them.
Sheraff [...]But note, that all moneys are here paid and received by the hands of Sheraffs, as is the manner in Turkey and other Eastern Countreys, who make good the loss and damage either in tale or goodness for a small consideration, and by the Portugals termed Cernidors.
Weights of Goa.The weights common in Goa, and along the coast of India, that is subject to the Crown of Spain, are divers; the usual known is as in Portugal the Quintal and the Rove; and this is most in use for all European Commodities.
But they have in use another, proper for Honey, Sugar, Butter, which is called the Maund, being 12 l. of the weight above-mentioned.
Another proper only to Pepper, and other such Indian Spices, they have, which they call the Bahar, accounted three Quintals and a half of Portugal weight, which by reason of the meer concordancy that it hath with the hundred of London, I shall not need to say any thing further thereof.
Measures of Goa.The measure of length is the same as is used in Lisborn.
The measure of Grain, Rice, and such like Commodities is called a Medida, being about a sp [...] high, and half a finger broad, 24 whereof is accounted a Maund.
Maunds 20, is accounted one Candil, which is about 14 Bushels English, and by this measure they account their Tunnage in shipping; yet it is found, that some sort of Rice is here sold by the Fardo, being round bundles wrapt in straw, and bound about with cords, and these should weigh by the custom of the place 3½ Maunds.
There is upon this coast a great trade in use for Pearls, which because it is of great moment in this and other places of India, it will be fit I should shew the manner thereof.
The order how they fish, and trade for Pearls.The fishing for Pearls beginneth yearly in March and April, and continueth but 50 days; but yet they fish not always in one place every year, but change their places by certain appointed and settled orders amongst the principal that have the over-sight thereof.
Now when the time of this fishing draweth near, then they send very good Divers that go purposely to discover where the greatest heaps of Oysters are under water, and on the shore opposite to that place, there they set up and plant a Village with Houses, and a Bazaro or market-place, of stone and other materials, which standeth as long as the fishing time lasteth; and is for that time furnished with all things necessary, which now and then happeneth to be near unto places inhabited, and now and then afar off, according to the place appointed for that years fishing.
The fisher-men themselves are for the most part Christians, natives of that Countrey; neither is any other debarred from this fishing that will, paying a certain tribute or acknowledgment to the King of Spain, and to the Jesuites who have sundry Churches upon that coast: now during the said Fishing, there are always maintained three or four Fasts or Galliots armed to defend the fishers from injuries and Rovers The order of which fishing is observed to be thus:
There are commonly three or four Barks, and their companies that make consortship together, much resembling our English Pilot-boats, having eight or ten men in a boat, and in the morning they go out together from the shore, and anchor in 15 or 18 fathom water, which is the ordinary depths of this whole coast; and being thus moored to their Anchor, they cast a Rope into the Sea, and at the end of that rope usually make fast a great stone, and then they have in readiness, a Diver, who hath his nose and his ears well stopped and anointed with Oyl, and a basket fastned about his neck, or under his left arm; then he sinketh down by the said rope to the bottom of the Sea, and as fast as he can be filleth the said basket, and being full, he then shaketh the rope, and his fellows that hold the other end, and are in their Bark, instantly hale him up with his filled basket, and in this wise they go one by one until they have laden their said boat with Oysters; and in the evening returning a shore to the [Page 131]Village, every company maketh their own heap or mount of Oysters by themselves, one distant from another in such wise, that there is seen a great long row of mounts or heaps of Oysters, which remain untouched until such time as the fishing be ended; and at the end whereof every company sitteth down about their mount or heap, and fall to opening of them, which they may easily do, because that then they be both dry, dead, and brittle; and if every Oyster should prove to have Pearls in them, it would prove a very good purchase unto them: but many are found to have no Pearls at all in them; therefore when their fishing is done, they then perceive whether their said fishing and gathering proveth good or bad.
Now there are certain men expert in the choice and distinction of Pearls, which here they call Chittini, which set and make the price of Pearls, according to their carracts, each carract being four grains, and these with an instrument of Copper having holes therein of several greatness serving to distinguish the sorts, to which also they consider their beauty and goodness, and then thereof make four several sorts. The first sort be the round Pearls, which they call Aia or Unia of Portugal, because the Portugals by them: The second sort, which are not round, are called Aia of Bengala: the third sort, which are not so good as the second, they call Aia of Canora, that is to say, the Kingdom of Bisnagar: The fourth and last, and indeed the worst sort, they call Aia of Cambaia: and thus the price being by the men set thereon, according to their sorts, goodness, and greatness, there are Merchants of every Countrey which are ready with their Moneys in their hands to buy them; so that in few days, all the said parcels are bought up, according to the said prices set upon them, altering according to the carract, beauty, and shape thereof. And this is the manner of the fishing, and dispersing of the Pearls throughout India, and thence through the World, so far forth as I thought good to insert the same in this place.
CHAP. XCII. Of the Trade in general practised alongst the Coast of India.
The general Trade of the Coast of India.THE Coast of India known in these Regions, is only so accounted from the Islands called las Vachas, or from the Town of Daman to the Cape of Comarin, not above 200 miles in length, wherein besides the Metropolis Goa, are found sundry others in subjection to the Crown of Portugal; as first Daman to the North of Goa; then Basain, then Chaul, Dabul, and then Goa: and to the South-ward, which some call the Coast of Malabar, they hold Romes, Onor, Barselor, Mangalor, Cananor, Calicut, Craganor, Cochin, Coulon, and Cape de Comeri, which is accounted the last end of the Coast of Malabar and India: For the better understanding the Trade of these Sea ports, it will be needful I should somewhat more particularly survey the same.
Daman. Basasen. Chaul.First then, It is to be understood, that the Northern part of this Coast is held the wholesome and purest Air for habitation, the principal places being Daman, Basasen, and Chaul, which are found in themselves to have good Havens, whereto great Traffick is maintained throughout India; the Countrey hereabouts abounding in Rice, Pease, and other grains, Butter and Oyl of Nuts, also Cotton Cloth great quantity, especially Baroches, taking the name from a City of this Coast; and in Chaul is found very great concourse of Merchants and Traffick to Ormus, Cambaia, Sinde, Masquate, Bengala, having therein many rich Merchants, and Ships of great burthen; and here is also made divers kinds of Silk, Stuffs, as Grograms, Sattim, Taffata's, and such like in such abundance, that India, and all other places bordering, are served therewith, and beholding thereto, which brings a great Trade to the said City of Chaul, for they bring in the raw Silk of China, and being here spun, woven, and wrought, carry it out again, and distribute it throughout India, and the neighbouring Countries; here also they make fair and excellent wrought Bedsteds, Boxes, Desks, Stools, and other wooden Arts, which bring them great profit, and make this place famous throughout these parts.
Coast of Malabar, and the Trade thereof.As for the Coast of Malabar, Onor is of good esteem, where there is a great quantity of Pepper yearly laden by the Portugal's Factors, accounted the best and fullest Berry in all India, the Countrey hereabouts belonging to a Queen rich in Pepper, who selleth the said Commodity only to the Portugals; but receiveth her money six months beforehand, and at the season delivereth the said contracted Pepper, which by the Portugals is housed in their Fort, which (by her leave) they have here built, till their shipping come to fetch it away, which is commonly but once a year.
Cananor. Cananor is held the best Fort they have upon all this Coast, and doth abound with Rice and Pepper, and near the Fort is a fair Town which is plentifully stored with all the Commodities of this Coast and Shore, especially abounding in all manner of Victuals and provision, and Masts for Ships of all sizes and sorts.
[Page 132] Calicut. Calicut was once the most famous Town of Trade of all this shore, and gave name not only to the sorts of Pepper that here grow, but also to that sort or Cotton Cloth that was first hence transported for Europe, but the Emperour the then Sovereign, Cochin.being Enemy to the King of Cochin, with whom the Portugals at their first arrival here sided, and prospered, by that means overthrew the great Traffick of Calicut, and advanced the Traffick of Cochin, whose Sovereign by means of the Trade is now become a mighty and rich Prince in this Countrey, the City of Cochin it self thereby so inlarged, inriched, and so well inhabited by Portugals, who are in part the new Masters, by native Malabars and other Nations, and seated upon a pleasant River, and enjoying the commodity of a good Channel and Haven; that it is accounted in these parts for Trade and concourse of Merchants the only second to Goa: here is laden yearly great quantity of Pepper, and a course sort of Cinnamon, vulgarly called de Matte, nothing comparable to Cinnamon of Zelan accounted the best; and hither come all the Portugal Ships to lade homewards, after that they have unladen their European Commodities in Goa, which adds much to the Trade of this City. Two Commodities hither imported do much inrich this place. 1. The great store of Silk that cometh hither raw from China to be wrought, and next the great store of Sugar that cometh from Bengala to be spent, for which the married Citizens are found to pay no custom to the King of Cochin, though for all others they pay 4 per cent. but the stranger and unmarried pay at Cochin nothing to the King; but to the Portugal 8 per cent. The manner of the farming the Pepper in India by the Portugals.And because this great Traffick for Pepper is only peculiar to some private Merchants or Farmers authorised by the Kings of Spain, it will not be unproper I should here relate the manner thereof: It is to be understood then that the Kings of Portugal, the first European Traders into these parts, in all their Navigations and Discoveries, ever added the benefit of Commerce towards the supportation of the expences of their Conquests; and having here built for conveniency of Trade, and protection of their Merchants, and Subjects, many Fortresses and Castles; they ever so settled them, that the commodiousness of the Haven, Port or Harbour, joyned to the native Commodities of the place, might add means and fair inducements to make by Traffick their conquests profitable. This Coast then being found to abound with Pepper, a principal Commodity then requested in Europe, designed it to be converted to his peculiar profit, by all the provident ways of a circumspect Merchant; Chi cr [...]po abrazia poca stringe. but Princes that will imbrace all, sometimes grasp but a little; for the same could not be so profitably contrived, considering the distance of way, length of time, and trust to be committed to Factors, Captains of Forts, and others; but he found himself to come far short of his expectation in this point, whereupon he was advised to let out the same to Farm, and contracted it at certain conditions to certain great and eminent Merchants, who should stand in his place strongly and amply priviledged, and should enjoy a part of the gains for themselves, and yet bring the greatest crop of their labours into his coffers; hereupon it was first let out for five years, the Farmers and Contracters binding themselves to send such a stock to India in ready money, as would extend for 30 thousand Quintals of Pepper yearly, conceived to be in those days as much as all Europe could annually vend in that Commodity; but then the King was bound to send his Ships to India to lade the same, in number five Ships of sufficient burthen yearly; the Farmers bearing the adventure both of their moneys outward, and of the said Pepper homeward, lading it in India into the said Ships at their own costs and charges, all which brought into Portugal, they were to deliver to the King at the price of 12 Ducats per Quintal, and what was either cast away, lost, or taken, was to be born by the Farmers; the King paying for no more than what was thus fairly laid on land into his store-house at Lisbon, neither yet paid he ready money for the same, but paid them with their own money when the Pepper was sold; so that the King without disbursement or hazard, had and hath a certain great gain without the loss of a penny, in consideration whereof the Farmers have many great and strong Immunities and Priviledges; as first, that no man upon pain of death, of what estate or condition soever he be; may any ways deal or Trade in Pepper but themselves, which is still strictly observed; Secondly, that they may not upon any occasion or necessity whatsoever, diminish or lessen the said ordinary stock of money, nor the King his said stint of shipping; neither hinder not lett them in any sort concerning the lading thereof, which is also strictly looked into; for though the Pepper were for the King's own Person or proper account, yet must the Farmer's Pepper be first laden; Thirdly, that the Viceroy, and all other the Officers and Captains in India shall give them all assistance, help and favour, with safe keeping, guarding and watching the same, with all other needful offices as shall be by them required, for the safety and benefit of the said Pepper: The Ships of Pepper depart from Cochin about the months of December and January. Fourthly, that for the lading and providing thereof, the said Farmers may send their Factors into India with their servants and assistants of what Nation soever they be, ( English, French, and Spaniards only excepted) and that unto every place to see the same laden and dispatched away: and in later times it is observed, that they have also farmed of the King the Ships and their fraightment, with large conditions to build them, and make the provision of all necessaries for them, and all at their own adventures; and if the Ship come safe home, they [Page 133]give the King in lieu of licence a certain sum of money for every Ship, and annually do furnish these five Ships at their own charges: but for such Souldiers as are appointed to go in them, they are bound to fail for the King and at his charge, and have but only their meat and drink at the Farmers charges, the Officers and Sailers being placed therein by the King's Admirality; which the Farmers may not once deny or refuse; so that the King adventureth nothing, neither in Pepper nor in Ships; but only if the Ships be cast away, he loseth the Money that he should have, and otherwise gain by the Farm of every Ship, if it had returned safe; and the profit of the Pepper that should have been delivered him at a certain price, which is the cause now that the King doth not send out his Fleets to meet and wast them from the Flemish Islands, as for long time he was accustomed to do; and the King is found so nearly to look to this Farm, that he will not abate the Farmers a penny, how great soever their losses happen otherwise to be. And thus much shall serve for Goa and the Trade of Portugal in India; now in the next place I will come to the Coast of Chormandel.
CHAP. XCIII. Of Musulipatan, and the Trade thereof, with the Coast of Chormandel.
Musulipatan, and the Trade of the Coast Chormandel.THE Coast of Chormandel beginnneth from the Cape Negapatan to the Town of Musulipatan, between which said places is found a place called St. Thomas, where the Apostle Thomas is said to have preached salvation to these Nations, and whose Tomb is had still in great reverence to this day among the Native Christians of this Countrey: besides which is found the Towns of Petipoli and Armagon, where the English of late have setled Factories that have dependency on the Factory of Musulipatan; under which therefore I will include the Trade of this Coast.
Musulipatan by reason of the commodious situation, is the most eminent place of Trade of this Coast, where the English have to that purpose planted a Factory, both for providing and lading hence the Commodities of this Countrey; this place is seated on the same Coast, or rather Istmus, as Goa is with the Cities before-mentioned, which are seated to the Eastward, as the Coast of Malabar is to the Westward: the pleasantness of the adjoyning River running down from Bisnagar the Metropolis of this Countrey, and the goodness of the Haven, with the wholesomness of the Soil and the temperancy of the Air, adds much to the excellency of it in matter of Trade and concurrency of Merchants; to which if we add the industry of the Inhabitants and the fruitfulness of the Countrey bearing many Commodities naturally, it is not to be reckoned as the least or the worst part of Trading in India.
Commodities of the Coast of Chormandel.From this place and Coast then is found a great Trade to be driven into Bengala, Pegu, Siam, Malacca, and to India; and the principal Commodities that this City is noted to be famous for, are those excellent fine Cotton Linnens, made here in in great abundance, and of all colours, and interwoven with divers sorts of Loom-works and Flowers, very fine and cunningly wrought, and therefore much worn in India, and better esteemed there than Silk, as indeed being both found finer and richer, and used by the greatest women in those parts for their clothing, wherein is found interlaced oftentimes threds of Silver and Gold, and divers others rare fabricks of Cotton, &c.
Coins current in Musilapatan and Coast of Chormandel.The current usual Coins in Musulipatan, Armagon, Petiboli, St. Thomas, and all alongst the Coast is the Pagode of Gold, and the Mahomody and Fanan of Silver, and are thus valued:
- A Pagode is worth 15 Fanans, or in English 8 s. sterling.
- A Fanan is 9 Cashees, or as some call them Cupans about 6¾ d. sterling.
- A Mamody is 32 Pices, or as in some places they are called Docres.
- A Rial of [...] Spanish is here 5 Mamodies or 9 Fanans, or 5 s.
- And 10 Rials [...] is here current for 6, and sometimes for 6½ Pagods.
- And 10 R. [...] are called in these parts a Sear incirca 50 s. sterling.
Armagon.But in Armagon it is observed they have this difference.
- Rials of [...] 11 are accounted for 8 Pagods.
- One Pagode is accounted worth 20 Fanans.
- And 5 Pagodes here are accounted but 4 in Musulipatan.
The Pagode by this account may be said to be in value about 8 d. sterling, equivalent with the Chequin of Venice, or the Xeriff of Egypt, or Sultany of Turkey, and the Mamody accounted for 12 d. sterling, and the Fanans about 6 d. ¾ or 7 d. per piece.
Weights current in Musulapatan, and Coast of Chormandel.Their common Weight used along this Coast is the Candil, which in gross Goods is most accounted for 20 Maunds.
[Page 134]A Maund is 40 Sear or 22½ Masies, or 26 l. 14½ ounces English.
A Sear is 17 Kashee, which thus answers with England.
The Sear is two-fold, the small Sear is of 16 Mass, and found to be about 10 l. English, or as some observe it 10⅛ l. and the great Sear is accounted as above.
And the Candil of 20 Maunds of 26 l. 14½ ounce Averdupois, brings it to be English pound Sotile 538 l. incirca.
But this finds some disagreement with the weight of Petiboli, for their Candil is 20 Maunds, found to be but 26 l. English, in all 520 l.
A Maund is here counted for 5 Visko, 5 l. 3 ounces English.
One Visco (or as the Portugals call it Fisco) is accounted 8 Sears, which is found to be 10 ounces ¼ Averdupois incirca.
Further Observations I find not of the Trade of Mesulapatan, saving that the Governour of this City, having setled a Trade with the English, and that they should pay for Custom 4 per cent. he afterwards raised the same to be 12 per cent. till Anno 1614. one Floris, and other English surprized the chief Customer being the Governour's Son, and brought him aboard their Ship then in Port, who thereupon came to a new composition, restored the over-plus taken, and setled it for the future at the first agreed rate of 4 per cent. as now it standeth.
CHAP. XCIV. Of Satagan the Metropolis of Bengala, and the Trade of that Coast and the River Ganges.
Satagan, and the Trade of the Coast of Bengala.AT the ending of the Coast of Coromandel, beginneth this Coast of Bengala, through the middle whereof the famous River Ganges runs, making a large Bay or Gulph, which carrieth the name of the Gulph of Bengala: This Countrey is under the Command of the Gre [...] Mogul, whose Coins are here current; the holy and reverent opinion that the Gentiles through all India have of this River, and the concourse of Pilgrims thereto, for devotion sake, adds much to the Traffick of Satagan, the chief City of this Countrey, which is pleasantly seated on another fair and large River, whose imbosure is not far distant from the imbosure of Ganges, and upon which Boats sail by the violence of the current a hundred miles in fifteen hours without the help of Sails or Oars, and when the Tyde turneth, it is found to be so violent, that the Sallers are forced to make fast their Boats to certain Trees fixed on the shore side, for they are not able to make way against the stream and current thereof. At the entrance of this River is a place called Butter, which the Inhabitants of the Countrey and Mechants there do yearly build in form of a Village, of straw, branches of trees, reeds, and the like, and is of great largeness, to which they bring all manner of Merchandize, to meet the Ships which at certain set times with the Moonsoons come hither for Trade, who are not able to go higher for want of water; and when the Ships are gone with the change of the Moonsoon, and that years Trading past, they then burn their said Town and Houses, and carry up their Goods and Merchandize to the City of Satagan; whither also all small Barks and Boats do go to lade and unlade.
Commodities of the Coast of Bengala.It is observable that thirty or forty sail of great Ships of sundry Countreys and Nations do here yearly at this time find lading; the principal Commodities of this place and the Coast, being Rice here growing in great abundance; Cloth of Cotton of infinite sorts, made here in great quantity, Lacca good store, great plenty of Sugars, Myrabolans both dried and preserved, Long Pepper, Oyl of Zerseline, and many other Commodities; the City in it self is a fair City, and abounding with rich Merchants that trade to Pegu, Musulipatan, Summatra, and sometimes to Cambaia, and the Red Sea; their time of Traffick, by reason of the heat, is for the most part by night, and when they have once burned their Town of Butter, as hath been noted, they then hire Galliots and Boats, and therewith transport their Commodities up the River from one Town to another, situated upon the same, where every day is found in one or other a publick Fair and Market, so that their whole life is still in motion and agitation, providing in one place and putting off in another, here buying and there selling.
Weights and Measures of the Coast of Bengala.The Portugals are found to have some Trade hither, but those that reside here are not subject to much government, but make their will their law; only two Forts they hold upon this Coast, the one they call Porto Grande, the other Porto Piquenom, whereto there is driven an orderly Trade, and thereby that Nation is kept within some order and discipline.
As for the Coins current here, the Weights and Measures here in use, I must omit them by reason of my ignorance therein, and therefore shall refer them to the better skilled.
[Page 135] Custom in India for DebtorsBefore I leave this Coast, I must not forget a strange Custom, not only here much used, but also alongst the Coast of Malabar, and in many other parts of India, which is thus; If a Debtor break the day of payment with his Creditor, and oftentimes disappoint him, then he goeth to the principal of the Bramenes, and receiveth of him a Rod, with which he approacheth to the Debtor, and making a circle about him, chargeth him in the name of the King and the said Bran [...]en, not to depart till he hath satisfied the Debt, which if he do not, he must then starve in the place; for if he depart, the King will cause him to be executed; and this is in use in many great parts of India, but especially where the Bramans are reverenced; it is daily seen practised amongst Marchants the Natives of these places.
CHAP. XCV. Of Pegu, and the Coast thereof with the Trade.
Pegu, and the Trade of the Coast thereof.IN order having passed the Coast and Gulph of Bengala, the next in this Tract is the Sea-Coast of Aracan, Pegu, and Sian, stretching it self to the Island and Fort of Malacca, of which according to the Observations in Trade, as I have collected, I will in brief touch.
Aracan.The first on this Coast and Shore is Aracan, situated upon the River of Cosmin, which passeth through some part of Bengala, and entreth into that Gulph at this City, by which commodious situation it is found plentifully stored as well with the Commodities of that Countrey, as the natural Commodities of the place it self.
Macoa.The next is Macoa, seated upon one of the mouths of that great and famous River Martaban, which by ten mouths issuing into the Sea, gives a great supply to this Countrey of all the Commodities that are found in India, from whence this mighty River hath its source.
Pegu.The third is Pegu it self, giving name to the whole Coast seated in like manner upon one of the said mouths, which as being the principal Seat of the Princes of this Countrey, I will a little more particularly survey.
River of Martaban.The marvellous great Tides, and violent current of this great River is not here to be omitted as appertaining to Trade; for it is found to be in it self so swift, that neither Wind nor Oar can make head or way against it; and because it is found to keep a constant course of ebbing and flowing, therefore in their sailing they still observe the Tides thereof, and when those Tides are at highest, there are certain stations on the banks whereto their Boats, Galliots, and Barges are fastned, until the Tide do again serve their turn to proceed on their Voyage: this one thing more I find wonderful here, that these Tides come not in by a constant continued pace or measure, but come rushing in at the first with a great violence, with a hideous noise and roaring, such as in some lesser sort is seen in the River of Rouen, and in our River of Severn, in England.
As for the City of Pegu it self it is divided into two parts, in the one the King and his Nobility resideth, lately built and richly beautified, and therefore called the New Town; the other part inhabited only by Merchants, Artificers, Sea-men, and such like, and called the old Town; every House in the old Town where Merchants do reside, hath a place built strongly of Brick, which as a Ware-house serveth his occasion, called by them Godon, especially to prevent firing, which this Town is much subject to by reason of the combustible matter it is made of; the New Town is walled about, and is a perfect square, having twenty Gates, five in each angle, ditched about and watered, wherein many Crocodiles are kept for watch of the place by night; the Walls are beautified with many Turrets for Sentinels, guilded with Gold; the Streets are very fair, straight as a line, and so broad as fifteen Horsemen may ride abrest on both sides; at each man's door are set Palm-trees, which growing makes a fair shew, and thereby all Passengers may walk daily in the shadow from one Street to another, to prevent the extraordinary heat of the place and Climate: The greatest Trade that is found at this day exercised in Pegu, is from the Coast of Cormandel with Pintado's, Cotton, Cloth, and other Bombasins much in request here; but it is to be noted, that these Ships must depart that Coast by the sixth of September, and take the Monsione wind, otherwise they lose their Voyage for that year: From Bengala also cometh hither sundry Ships with Cotton Cloth and other such wearing Commodities, which taking also the season of the wind arriveth here when the Cormondel Ships are ready to depart. The principal Harbour or Port where these Ships do ride is called Cosmin, and the place where the greatest Ships do Anchor to lade and unlade their Goods. From Mecca come also sundry Ships laden with Woollen Cloth, Damasks, Velvets, and Chickens. From Malacca come many small Vessels laden with Pepper, Sanders, Porcelan of China, Camphora, and other Commodities. From Summatra come also sundry Ships [Page 136]with Pepper and other Wares; all which Goods are very strictly looked into for payment of the King's Customs at landing, which is here paid in kind, and amounteth unto twelve per cent. and the King doth hold it for a great affront to be wronged of a penny of it: Rubies, Saphirs and Spinals paying here no Custom in or out, as being the proper Commodities of this Countrey.
For the effecting of the Trade and Commerce of this place, there is ordained eight Brokers o [...] Tareghes by the King's Authority, who are bound to sell and vend all the Goods and Merchandize coming to Pegu, for all mens account of what Nation soever they be, having two per cent. for their Brokerage, and are liable to make good the debts they make, which no Merchant there resident can avoid; for they will have the said two per cent. by the King's Authority granted them, whether their help be taken or not.
In like manner, there are ordained certain Brokers for the buying of all the Commodities bought in Pegu, wherein is found amongst them such candid dealing, that a stranger can hardly be wronged or abused, if he have but so much discretion to provide such Goods as may be proper for the Countrey whither he sends them.
Strange manner of buying and selling in Pegu.The Commodities native of this place and Countrey are these, Gold, Silver, Rubies, Saphirs, Spinals digged at Caplan, six days journey from Av [...] in this Kingdom, great store of Benjamin, Long Pepper, Lead, Lacca, Rice, Niperwine and Sugar; and many other Commodities. The manner of their bargaining, as being contrary to the custom and use in most parts of the World, is here worth observing; all their bargains by their Law must be made publickly and in open assemblies of and before all standers by, who because they should yet not know what is bidden or demanded for any Commodity, the Brok [...]rs either buyer or seller having seen the Commodity, and liking of it, putteth his hand under a cloth and toucheth the parties hand interessed, and by nipping, touching and pinching of certain joynts of each others hands, they know what is bidden and demanded without words speaking, which these Brokers again with the other hand covered in like manner, give notice of to the party who sets him on work, and either so orders him to proceed to bid more or less, or else to give over; and after this manner are all their C [...] tracts here made, and afterwards by the said Broker registred accordingly in leaves of Trees, which with them is used as Paper with us.
Maids let out to serve both by day and night service to MerchantsAnd when any strangers and forein Merchants arrive here, these Brokers are bound by their place to provide them a house, Magazine, and lodging, whilst they are here resident; and when the house is taken, the Governour of the Town sends to know how long time he intends to stay with them, and withal appointeth certain Maids of the Town to go to him, that out of them he may make choice of one whilst he remains there, and then having chosen one to his mind, he contracts with her friends for her use for the said time at an easie rate, which done, he bringeth her to his house or lodging, and she serveth him willingly in all his affairs both by day and night, as both his slave and wife; but then he must take care that during that time he keepeth not company with any other woman; for so he might incur a greater danger and peril of his life by the Law of the Countrey. Now when the time of his residence is expired, he payeth the Parents of the Maid the price agreed for, and departeth quietly away, and she returneth with credit to her friends, being as well esteemed of as ever she was before; and if afterward this Maid chance to marry, though with the principallest of the Countrey, and that the aforesaid stranger should again return hither to trade, he may again demand his w [...] man, and he shall have her by the Law of the Countrey, without the resistance of her husband, or any shame unto him, and she remaineth by the stranger as long as he abideth there; and he travelling from thence, she goeth home to her husband again, which amongst them is held for a most sure and inviolable Law and Custom.
Coins current in Pegu.The Coin current here and throughout all this Coast is called Gansa, which is made of Copper and Lead, and is not the proper money of the King, but every man may stamp it that will, and that is able, because it hath its just value in stuff and materials; there is much counterfeiting of this Coin, but it is soon discerned by the Brokers, Tellers of Money, who readily spy it out, and therefore not passable, nor will it be taken by any; with this money Gansa you may buy Gold, Silver, Rubies, Drugs, Spices, and all Commodities; and no other Money is current amongst them.
This Gansa goeth by a weight called a Biso, and this name of Bise, goeth for the account of the weight, and therefore a Bise of a Gansa is accounted by strangers there trading ½ ℞ 8/ [...] or 2 s. 6 d. sterling; and albeit that Gold and Silver, as all other Commodites do rise and fall, yet this Bise never altereth in value or estimation. Every Bise maketh a hundred Gansaes of weight, and so it doth come to pass that the number of the money is Bisa.
Martaven.In this Countrey is also seated the Town of Martaven, a place of great Traffick, and the last of this Coast; the Inhabitants whereof are wonderful expert in making of hard Wa [...], which hence is dispersed throughout India, and into many places of Europe; here is also made those great earthens Jars or vessels which serve them to keep Water, Oyl, or any other liquor, [Page 137]and are much used in India, and aboard their Ships in stead of Cask, Barrels, and such Vessels, and throughout all these Countries are called of the name of the place Maatavanas, and in some places by the Portugals Benajos.
CHAP. XCVI. Of Siam, and the Trade of the Coast thereof.
Of Siam, and the Trade of the Coast thereof.UNder the title of Siam, I will comprehend the City of Tenaserim, a famous Town of Traffick, and the Metropolis of a Kingdom; also Pattana, another City on this Coast, not far distan: from Siam it self, being a place where the English Merchants have a residence, and hold a Factory; and lastly, Siam as the principal, and as one upon whom the rest have a dependency, both in matter of Government and Trade. This City then of Siam some years past (as appears by relation of that worthy Merchant Ralph Fitch, and others) was the prime of all these and the neighbouring Regions; but being for twenty one months besieged by the King of Pegu, who after four months march incompassed it with a million and four hundred thousand Souldiers, at length by means of treason and not of strength gained it, drove the King thereof to that desperation, that he poisoned himself with all his wives and children; The fortune of Siam and Pegu.since which time it hath obeyed several Princes, and been subject to sundry Masters, according to the various chance of war, and of this Country, which in one Age is seen here so divers [...]y to alter into sundry shapes; for a petty King which now commands one only Town or Province, in a few years comes to be a great Emperour over several Kingdoms; and peradventure that great Emperour who now commanded so many several Nations, within few years after is glad to rule over a small Province, City, or Island: which the Princes of Pegu and Siam have of late years to their great grief found too true by experience.
The City of Siam is yet notwithstanding the former suffered calamity, a place of great Traffick, not only hence to Couchin-China, Macau, Cantor, Malacca, Cambaia, and the Islands Summatra, Borneo, Banda, and others by Sea, but also is much augmented by the inland Trade thereof, partly to Martavan, Tenaserim, and others, which are seated on the same Land, but as seated on the back-side thereof, and as enjoying thereby the Commodity of another Sea, but the same is found proper for Trade by its own commodious situation, River Menan.being on the banks of that great and famous River Menan, which runneth hither through, or rather thwarteth India, arising in the lake of Chiama, as they term it, at least 22 degrees from this City, where it issueth into the Sea, and is here found about the month of March so to over-swell his banks, and the neighbouring Country, that it covereth the earth for 120 miles in compass, and therefore the Inhabitants are said to retire themselves during this Inundation to the upper part of their houses, so purposely made to avoid the inconveniency of the waters, every house then having a Boat or Frigot belonging thereto, by which means they converse together, and traffick, as on dry shore, till the said River return to her wonted Channel again.
The Kings of this Country, as indeed of all these Regions, are for the most part Merchants, who gave the English admittance to trade and residence here about 1612; upon whom he bestowed also a fair House for their abode, and Ware-houses to lay up their Merchandize; where since for some years they have continued, but of late years have left it off and discontinued, upon the little benefit this Scale and Country afforded them.
Commodities of Siam and Pattana.The principal Commodities of this City and Coast, are Cotton Linnens of several sorts, and that excellent Wine or distilled Liquor, called here by the name of Nipe, made of Cocos or India Nuts, and hence transported into all parts of India, and the adjoining Regions: here is also great quantity of Benjamin, and of Lac, wherewith the hard Wax is made that is brought hence into sundry parts of the World, also that costly Wood called by the Portugals Palo Dangula, and Calamba, which being good, is weighed against Silver and Gold; for rich Perfumes, and the Wood Sapon used by Dyers; also here is Camphora in great plenty, Bezoar Stones and Gold in some measure good store; also here is found Diamonds, Nutmegs, and some other Spices, which the Country of it self affordeth for the maintenance of the Trade thereof.
Coins current in Siam and the Coast.The Coins here current, as I am informed, are these following:
- The first is a Tail, which is worth 4 Ticals, or seventeen shillings ten pence, or eighteen shillings sterling.
- A Tical is accounted 4 Mass, or 4 s. 4 d. incirca sterling.
- A Mass is accounted 4 Copans, about 13 d. sterling.
- A Copan is accounted 750 Cashe, or 3¼ d. sterling.
- [Page 138]A Tail is 16 Mass, and accounted worth 14 Rials of Eight Spanish.
- And 20 Tail is a Cattee worth 48 Rials of [...] Spanish.
- And 1 Tail of Siam is worth 2 Tails of Japan.
Coins at Pattana.And note, that in Pattana, and elsewhere on this Coast, Coins find little alteration in current prices and rates, except upon some extraordinary occasions, when some of these Species are sought out, and provided by Merchants to transport into other places, where the same do turn them better to benefit; And note, that at Pattana,
- A Mass is as above worth 4 Copans.
- A Copan worth 4 Conderies.
- A Conderie is 100 Cashe,
which is 800 Cashe, which is 50 more than at Siam, as is above-mentioned.
The Measures and Weights are not come to my knowledge.
So leaving Siam and the Trade of this Coast, I shall repair to Malacca, inhabited and fortified by the Portugals, and of great consequence in these parts.
CHAP. XCVII. Of Malacca, and the Trade thereof.
Malacca, and the Trade thereof. MAlacca is the next Country to the afore-named Siam, seated between the Coasts of Siam and Pegu, upon the utmost bound of a long tract of Land, on which is found the City of Malacca in obedience to the Portugal, and conquered by them 1511, and accounted the most profitable command of all India next after Ormus, which of late they have lost, and of Mosambique: It is commodiously seated on the River Gasa, which is here 10 miles broad, (as some write) and is accounted the Staple for all India and China Commodities, and hath a very great Traffick to China, Moluccos, Banda, Java, Summatra, and all the Islands bordering thereabouts, as also to Siam, Pegu, Bengala, Coast of Chormandel, and other the parts of India, whereby many Ships are found daily to be imployed, coming in and going out, there lading and unlading, selling, buying, and bartering the Commodities of these Countries together; the Country affording of it self no Commodities to preserve Trade, but all other Countries afford to this (by reason of its proper situation for Trade) their native Commodities; a Ship or two coming hither yearly from Lisbon to traffick, which thence departeth 30 days sooner than the rest, for India, and is at her return found commonly the richest that frequent these Countries: Monsons at Malacca.And here it is observable in Navigation, that the Monsons or Trade winds here continue West and North-west from the end of August to the end of October, and in November begin the Northerly and North-easterly winds, which blow till the beginning of April, and from M [...] till the end of August, the South and South-west rule, according to which, the Trader hither must direct his Trade and course, and take the proper season both for his coming and going.
When Albuquerk the Vice-King of Portugal took this City, finding it inhabited and frequented by Merchants of sundry Nations, he established Magistrates for both the Ethnicks, Moors, and Christians, with appeal only reserved to the highest Sovereign the Conquerour: one remarkable passage in this conquest I cannot omit, which was, That an Inhabitant of this place, of eminent note in this City, fighting naked in defence of himself and of his native Country, was found to be wounded with many deep and wide wounds; but on his arm be wore a chain, whereto was fastened the bone of a Javan Beast, called a Cabal, by virtue whereof, notwithstanding all those wounds which were many and large, he lost not one drop of blood; but when that chain was taken from him, his veins suddenly and at once emptied themselves both of blood and life together. The riches and greatness of the place may by this particular then happening be considered, when as the King's Tenths in the Sack thereof come to 200000 Ducates of Gold, the Soldiers and Adventurers satisfied, besides the concealed and pilfered booty, there found and shared by them.
Coins of the Ci [...]y Malacca.The current Coins are not as yet come to my knowledge, therefore I refer the same to the better experienced.
Weights used in Malacca.The Weights here common in use, (as far forth as I have collected) is the Cattee Bahar, and Pecul, wherein I find the Observations made hereupon to disagree; some making but one Bahar to be here in use, and some two sorts of Bahars, as thus:
One Bahar to be 100 Cattees of Malacca, and each Cattee to be 4½ Cattees of Cantar and Couchin-china, which is 21 l. English, which thus estimated, must be 590 l. English.
A second Bahar they account to be 200 Cattees of Malacca, which here are 302 China Cattees, and thus estimated, the same should be 400 l. English.
[Page 139]Again, They have a weight called the Pecul, which is 100 Cattees of China, and makes 132 l. English; but if this observation be found true by trial, the Cattee must be more than 21 l. English, which I refer to the better experienced: this is the late observation of some of our Merchants trading into these parts; but by the observation of the Portugals, I find the weight to be thus:
Weights of Malacca.In Malacca they say are two sorts of weights used, a great and small, which is composed of the Bahar.
A Bahar great weight is 200 Cattees, or 3 Pices.
One Pice is 66⅔ Cattees.
A Cattee is 26 Tails.
A Tail is 1½ ounce Lisbon weight.
And by this great Bahar they weigh Pepper, Cloves, Nutmegs, Sanders, Indico; Allum, Sanguis Draconis, Palo Dangula, Camphora, and many other Commodities.
The small Bahar is also 200 Cattees.
A Cattee is 22 Tails.
A Tail is almost an ounce ⅝ Portugal weight.
And by this small Bahar they weigh Quicksilver, Copper, Vermilion, Ivory, Silk, Musk, Amber, Lignum Aloes, Tin, Lead, Benjamin, Verdet, and other Commodities, &c.
Again, Some observe, that a Tail of Malacca is 16 Masses.
And 10¼ Masses is an ounce Averdupois, and 1½ ounces is 16 [...] Masses, by which Masses they sell Bezoar Stones, and some other Commodities.
I should here proceed to survey the Trade of this remaining Tract and Coast, especially that of Cambaia, Couchin-China, and others; but little having fallen into my hand of the Trade exercised there, I willingly omit the same, and next proceed to look only upon the Traffick of China it self, and then to the Islands belonging to Asia.
CHAP. XCVIII. Of China, and the Provinces thereof.
China, and the Provinces thereof. CHINA hath on the East, Mare del Zur; on the West, India; on the North, a Wall extending 1000 miles in length, between the Chinois and the Tartarians; and on the South, the Ocean.
The Trade of this Country is accounted very great, the situation of the place, the temperature of the air, the disposition of the Inhabitants, the peace which formerly they enjoyed amongst them concur to enlarge the same; the many Navigable Rivers, and the excellent Fabricks here wrought, add to make it eminent, Commodities of China.and the Commodities that it yields to maintain the same, are these; Barley, Rice, Wooll, Cottons, Olives, Vines, Flax, Silk raw and wrought into infinite sorts of Stuffs, all kinds of metal, Gold especially; Silver and Copper is brought from Japan, &c. Fruits, Honey, Wax, Sugars, Rhubarb, China Roots, Purslain Dishes, Camphire, Ginger, all kinds of Spices, Musk, Civet, Amber, and infinite abundance of Salt, which Commodity only in the Town of Cantor yields Custom to the Prince yearly 180000 Ducats.
The greatness of China.This Kingdom contains 15 large Provinces, each Province having a Metropolis, besides many Cities of lesser note; so that in the whole Tract of this Country is accounted to be 30 Kingdoms, and therein Writers have mentioned to be 1597 Cities and great Towns walled, 1154 Castles, 4200 Boroughs without Walls, wherein Soldiers are quartered, besides an infinite number of Villages and Hamlets; Quinsay:the Metropolis of the whole Kingdom being vulgarly called Quinsay, Pequin, and is said to contain in circuit 100 miles, having in the midst thereof a Lake of 30 miles compass, in which are two fair Islands, and in them two magnificent Palaces, adorned with all necessaries, either for Majesty or Conveniency: the Lake is nourished with divers Rivers, on which is counted 12000 Bridges, and in many Cities here seated on the banks of great and famous navigable Rivers, are found oftentimes ten thousand Sail of great and small Vessels; Nanquin.the King himself having in the City of Nanquin (accounted the second in this Kingdom) seated upon a fair and large River (if Writers relations may have credit) Ten thousand Sail belonging to the King of China in one River.ten thousand Sail of Ships of his own, and the City being nine leagues from the Sea, the whole distance is found to be, as it were, wholly imployed and taken up with Vessels and Boats; for therein the Inhabitants make their abode, dwell, negotiate, and remove at their pleasure, from one place and City to another.
It is confidently affirmed by all modern Travellers that have been here, that the Inhabitants are not permitted to issue out of this Kingdom, nor yet strangers to enter into it; and though for the commodiousness of Traffick this strict Law find some toleration for a certain limited time for the Natives to trade abroad, yet is it most nearly lookt into on the behalf of strangers, [Page 140]that would enter into their Country; therefore (this considered) though the motives of Trade and Commerce be many; yet this inviolable custom so severely executed, hinde [...] justly the particulars I should in this place set down of the Trade of this Mighty Empire; howsoever it is observed, that the Japaners and some neighbouring Islanders, as also the Portugals, and some other Christians, have (by the favour of the great Maritime Commanders in this Country, and their own fair deportment) procured a License of Trade in Canton, Maccau, Nanquin, and some other Sea-Ports; but with such strict limitations, as that in some Cities it is death for them to lie or abide at night either in the Town or in the Suburbs, but aboard their own Ships, and in Canton, where they find the most courteous usage, they may not upon pain of death abide one night within the City Walls; but as in the morning their names are registred at their entring into the City, so they come at night and blot out the same with their own hands: I can then but afford a taste of the whole Trade, by a little that I have observed out of the Collections of others, which must serve for a model to the frame and foundation of what is practised in other Cities throughout this Empire, which I will comprehend under the Title of Maccau, most frequented by our Nations.
CHAP. XCIX. Of Maccau, and the Trade thereof.
Maccau, and the Trade thereof.THE Island and Town of Maccau, (as the place best known upon this Coast to our Nation,) is seated on the North side of a Bay, which is at the mouth of the great River of Canton, which runneth out of the Lake of Quinsay spoken of before, opposite to which standeth the great City of Canton, which I mentioned, as the place where is found the present Staple of all the Commodities of China; and thither do Merchants of all parts frequent to buy and barter for other Commodities, with the restrictions and limitations above specified: and as for Maccau, it is inhabited by Portugals intermixt with the natural Chinese; the principal of their Commerce being with the Inhabitants of Canton, from whence all the Commodities of China are found to issue; and here the Portugals at the arrival of their Ships, do choose out a Factor amongst themselves, who is permitted in all their behalfs to go to trade for them at C [...] ton, but in the night he is to abide in the Suburbs under severe punishment, as I have before remembred.
A particular Ship yearly touching here from Goa to Japan.Here is found a Ship to come yearly out of India, by a particular license of the King of Spain; the Captain's place is ever bestowed upon a Person of Quality, in reward of some former service, as indeed all the Captains places of the Fortresses of India are; from Maccau the said Ship then (having dispatch'd her business) doth sail to Japan, and there fully discharged her lading, and thence returneth again to Maccau, and from thence to Malacca, and so to Goa in India; and though this Voyage of Japan is ever granted by particular license to some one in particular, yet to Maccau and Malacca any Merchant may go that will; but none may yet lade or unlade in either place, before such time as the Ships termed of the Kings are fully dispatched and laden, and are ready to depart for India: it is recorded by some Portugals, that this Captain's place may be worth to him for his part 200000 Ducates, and that the said Ship is commonly 1500 Tuns in burthen, and that the Voyage continueth for three years from India, and so back; for in April they set sail from Goa to Malacca, where they abide some season for the winds or Monsons, which at certain times blow certain set months together; and then from Malacca they sail hither to Maccau, where they stay at least nine months for the said Monsons, and then sail to Japan, where they must stay likewise certain months for the dispatch of their business; and the Monsons to return again to Maccau, where again they stay, as in their Voyage outward: so that by these delays the time of three years is fully expired, before they have ended their Voyage to and from Japan; and all the time of this Captain's residence either in Maccau or Japan, he is there accounted the chief Ruler and Governour of the place, having the like power as their Vice-Roy in Goa, and as the several Captains in their Forts; for that when the one departeth from Maccau to Japan, there cometh another from Goa to Maccau, to make the same Voyage after the other hath performed his; and when he returneth again from Japan to Maccau, the other saileth to Japan, and so the first continueth Governour again at Maccau, until he departeth from thence to Malacca, and so to India; and by this means, there is always found a Portugal Governour at Maccau.
Commodities of Maccau and Canton.The Commodities in general of China I have mentioned before, the particular and principal Commodities of Canton and Maccau, are Silks raw, and Silk wrought; the raw is found to be of three several sorts, First Lankin, which is the best; the second is Fuscan; the third and worst is Lankam; and these are known to us in Europe, and bear price there commonly about 145 [Page 141]or 150 ℞ 8/8 Spanish, the Pico of Lankin, the Fuscan is worth 140 or 145 ℞ 8/8, and the Lankan is worth 70 or 75 ℞ 8/8, and all these are counted unspun Silk; but the spun Lankin is worth from 150 to 170 ℞ 8/8 the Pico; the spun Fuscan is worth 130 or 135 ℞ 8/8, and the spun Lankam of Canton 80 ℞ 8/8 the Pico; and these I thought good to mention, as being the principal Commodity vended out of these Countries to other places.
Commodities fit for China.The Commodities then wherewith the Portugals do drive this Trade, and which they carry to Maccao from India, is principally ℞ [...]/8 Rials of Eight, which in China is cut into pieces, and so paid out, as I shall shew hereafter in payment of Merchandize; also Wines of Spain and India, Olive Oil, Velvets, which of all other sorts of Silk Stuffs they cannot make, and fine Woollen, Scarlet Cloth, whereof they have none, nor yet can they make any, although they have materials, as Sheep and Wooll plenty; also Looking-glasses, and all sorts of Drinking-glasses, and Chrystal, Ivory, Elephants-teeth, and sundry other Commodities.
The Weights, Coins, and Measures, in Maccao in China.
32 Vals make a Tola of Surat, and 3 Tola's 3 Vals make a Tay or Tayel in Maccao, and 1 Tay is 1 ounce and 11/16 of an ounce Averdupois.
The Weights in China, for Gold, Silver, Musk, Ambergreece, &c. are as followeth.
Tays, or Tayels, and by some called Tans, Mass, Condreens, Cash, Avo's; they usually set down two figures or cyphers for Avo's; for the latter thereof there is no denomination that I could be informed of, but do account 10 Avo's to 1 Cash, 10 Cash to 1 Condreen, 10 Condreens to 1 Mass, 10 Mass to 1 Tay, and 16 Tays or Tayels to 1 Cattee.
1 Tay is 1 ounce, and 11/16 of an ounce Averdupois.
The weights for all gross Goods, or Commodities, go amongst the Portuguez in Macca, by the Denomination of Pecu or Pecul, and Bahar.
100 Cattees make 1 Pecul, each Pecul 128 Rotolo's of the Portuguez, which after the rate of 20⅞ ounce Averdupois to a Cattee, by the ballance is 2087½ ounce, and pounds English 130 15/32 parts of a pound, but generally it is accounted 132⅘ pound, 32 or 133, and others make it by reducing the weights 131 l. [...]/4 Averdupois, But this difference may grow or accrue by reason of some computing, and weighing by the Dotchen, or Stilyard, and others by the Ballance 18 Cattees, or 24 Rotolo's, is 1 Maund of Goa and Macao by the ballance; but by the Dotchen it is no less than 18¼ Cattees, 300 Cattees is a Bahar, which at 21 ounces to the Cattee (as it is ordinarily reckoned) is but 393¾ pound, although it is generally accounted 396 pound, but then the Cattee must be more than 21 ounces, and it is by my own experience but 20⅞ ounces; but this difference may be by one weighing by the Dotchen of Stilyard, and the other by the Ballance, as in like manner it is with the Pecul, the Dotchen making more, the Ballance less; 100 Tays in Plate of the Alloy of the Rials of Eight, worth but 92 Tays of Plate Saysee or Soma, which is the highest Alloy, and reduced to that fineness by the Chinese themselves, unless it be in some of the bars of Silver which the Spaniards bring out of the West-Indies, through the South Seas to the Manilla's, one of the Philippine Islands, thence transported to Maccao in China: 100 Tays in Plate of the Alloy of Rials of Eight Sevil is worth 115 Tays in Plate Currente, otherwise called small Bars of Silver of Japan.
If you agree when you buy Gold to pay in Plate Currentee, which is Silver of Japan, you must allow 17 per cent. to correspond with the Rials of Eight. But if you agree to pay for your Loass of Gold (which the Portuguez call Pan de Ore) in Rials of Eight, then you have no more to do but to weigh the Rials of Eight, and so reduce them into Tays.
The Loaf or Pan de Ore, poize about 12½ ounces Averdupois, little more or less.
One Rial of Eight of Sevil, or Mexico. | Plate Rials by the Ballance, is 7 Mass, 3 Condreens, 3 Cash. |
Plate Rials by the Dotchen, is 7 Mass, 4 Condreens. | |
Plate Currentee or of Japan, by the Ballance, is 8 Mass, 4 Condreens, 2 Cash, 9½ Avo's. | |
Plate Currentee or of Japan, by the Dotchen, is 8 Mass, 5 Condreens. | |
Plate Saysee or Soma, by the Ballance, is 6 Mass, 7 Condreens, 4 Cash, 3 [...]/10 Avo's. | |
Plate Saisee or Soma, by the Dotchen, is 6 Mass, 8 Condreens, 0 Cash, 8 Avo's. |
100 Rials of Eight, Sevil or Mexico. | 73 Tays, 3 Mass by the Ballance. |
100 Rials of Eight, Sevil or Mexico. 74 Tays by the Dotchen. |
[Page 142]A Tay or Tayel is by the nearest calculation that can be made, 1 Rial of Eight, and 3/2 parts of a Rial, a very small matter less.
By the preceding account to receive by the Dotchen, and pay out by the Ballance, there will be gained in the 74 Tays, or 100 Rials of Eight, received by the Dotchen 7 Mass.
And on the contrary to receive by the Ballance, and to pay out by the Dotchen, there will be lost in the 73 Tays 3 Mass, or 100 Rials of Eight 7 Mass.
733 Cash is one Rial of Eight by the Ballance, and is so ordinarily accounted, in making up, and reducing of accounts, or casting up of any Sum.
Note, that 5 Maunds and 8 Rottolo's of Goa, or of any of the Portugal Towns in India, is 1 Pecu or Pecul, and 3 Maunds 26 Sear of Surat, after the rate of 27⅓ Sear Surat to the Maund Goa, is 1 Pecul and 132 l. ⅘ English nearest.
So that the difference (as already said) which ariseth in the Pecul from 130 l. 15/32 parts of a pound; to 132⅘, and 133 l. English, is by weighing by the Ballance or Stilyard, the Stilyard or Dotchen making more, the Ballance less.
The Covid or Maccao, is rather a very small matter more than less than 3 quarters of our Yard and 2½ Inches or more, rather 29 Inches ⅝ of an Inch nearest, which Covid is used by the Portuguez.
The Chinese have another Covid or Measure, consisting of between 14 11/12 of an Inch, and 14 6/7 of an Inch, which is divided into 10 parts, and each of those are subdivided into 10 other parts. The Covid or Measure of the Chinchoses, a Province of China, bordering upon the Province of Canton, and Eastward of Maccao, is but just 12 Inches of our measure, and is the ⅘ parts of Chinese Covid or Measure nearest.
As for Coins, there is none in the Southern parts, but if you buy any thing, after you have agreed for it, you cut off of the Rial of Eight so many Mass, Condreens, &c. as you agree for, and so weigh it by the Dotchen, which every one carries about him.
Having thus done with the main Continent of Asia, and cursorily surveyed the particular Trade of some of the most eminent Cities of the Kingdoms therein contained; being constrained by reason of the remoteness of these places, and want of better information, to let the same pass not so perfect as otherwise I could wish for and desire, I shall willingly in what is here by me omitted, crave the advices of the better experienced; and that they would add by their knowledg and trial what is either here defective, or altogether left out: and thus leaving the Continent (according to my method) I will in brief run through some of those Islands which merit observation, and survey the Trade thereof as amply as my Adviso's will give me leave.
CHAP. C. Of the Islands of Asia, and the Trade thereof.
Islands of Asia, and the Trade thereof.THE Islands of Asia are either in the Oriental Seas, as Japan, Zeilan, Moluccoes, Javas, Summatra, Barneo, the Philippines, and others: or in the Mediterranean Sea, as Rhodes, Cyprus, &c. of the Trade whereof a word, before I conclude this Commerce of Asia.
CHAP. CI. Of the Island of Japan, and the Trade thereof.
Island of Japan, and the Trade thereof. JApan is situated over against Canton in China, having in length 600 miles, but narrow in breadth, in some places 90, and in some but 30 miles: it obeys 66 several Sovereigns, the King of Tense holding the principal authority, commanding 50 of the 66 above mentioned Kingdoms; every King, Lord, and Master having full power and authority over the goods and lives of the subjects, servants and children subject unto him. It was discovered by the Portugal, Anno 1542. and since is much frequented by Jesuits, who in great numbers have settled themselves here, and are found to exercise Trade and Commerce, as cunningly and subtilly as any Jew elsewhere in the world.
Their chief Towns are Osacaia, Bunguin, Meaco, and are the principal Ports frequented by Merchants Strangers: the Commodities of this place and Islands, is Silver in some good measure digged up here, and carried hence by Merchants to China to exchange for Silks; and principally Rice, which is found here growing in such abundance, that the King or Emperour draweth Two millions of Ducates yearly out of that which is gathered from his own Possessions, which he hath received at his own Demesne; Firando.and at Firando, one of the Islands of Japan, [Page 143]the English have setled a Factory for Trade in 1613. by Captain Sari's labour and industry.
The civil Wars that continually vex these Islands, hinder an exact survey of the materials, whereby their Trade is driven; yet so far as I have collected, I will here insert.
Coins current in Japan.Their Moneys current for the most part through these Islands are thus termed, and with some small difference have this value.
Their Silver Coins current is a Tail, a Mass, and a Condery.
A Tail is a ℞ of 8/ [...], or 5 s. sterling, or ⅛ Tail of Siam; and this Tail is 10 Mass, or 100 Conderies.
A Mass is 10 Conderies, or 6 d. sterling.
And in some places the ℞ [...]/ [...] passeth for 74 Condories only, and no more.
Their Gold is coined into two small Barrs of two several sorts, the one is called an Iehebo, worth about 15 in 16 Mass of Silver; the other is called a Coban, worth from 60 to 68 Mass, which may be valued from 30 s. to 34 s. sterling. The Wars that continually vex this Country is the cause of this unconstant rate and price thereof.
Weights in Japan.The Weights in use in Japan is the Pecul and the Cattee.
- A Pecul is 10 Cattees.
- A Cattee is accounted by some 21 ounces, and by some 20¾ ounces Averdupois;
so that a Pecul is about 130 or 131 l. English.
Measure of length in Japan.Their Measure of length is an Incken or Tattamy, which is 2½ yards English; 25 yards being 12 Tattamies.
Measure of Rice and Grain in Japan.Their measure for Rice is thus accounted:
- A Gant is 3 Cocas, being as much as three English Ale-Pints.
- An Ickgoga is 100 Ganta's.
- One Ickmagog is 1000 Ickgoga's.
- One Managoga is 10000 Ickmagogs.
CHAP. CII. Of Zeilan, and the Trade thereof.
Island Zeilan, and the Trade thereof. ZEilan lieth in the gulph of Bengala, in length 250, and in breadth 140 miles; found so fruitful, that the grass groweth, and the trees bear fruit all the year long without intermission: it is commanded in chief by the great Mogul; the principal Towns are Zeilan, the Metropolis of the Island, and Columbo, fortified by the Portugals; and as it is conceived commanding over the best harbour in India.
Commodities of the Island Zeilan.For Commodities it hath many, and almost all things that are found in India, through all the several Provinces and places thereof; first, it hath Nutmegs, Cloves, and Pepper-Trees good store, and the best Cinnamon in all India, which is here had and found growing in whole woods, and hence dispersed into all parts of the World: also it affords all kinds of precious Stones, (except Diamonds) as Saphirs, Rubies, Topazes, Spinals, Granati; also a plentiful fishing for Pearl, yet not accounted so good as at Bareim by Ormus; it hath likewise Mines of Gold, Silver, and other metals; also Iron, Flax, Brimstone, Ivory bones, and sundry other Commodities. Adam's Hill the Zeilans Paradise,Here is also a Hill of that great height, that the Inhabitants hold it the highest in India, and call it Adam's Hill, upon which they say Paradise stood, and that Adam was there created; whose foot-steps, if they may be believed, do remain yet ingraven there in the Rock, and go not out: but the Inhabitanis being most active in their bodies, may be imagined to be so also with their tongues; for throughout India they practice nothing but jugling and Hocus Pocus, and other feats of Activity; Zeilaners excellent Tumblers.being the most excellent managers of Hobyhorses, and tumbling, by which Trade they get money throughout all the neighbouring Regions; and therefore not surveying this their Traffick further, I will leave them to their Come aloft Jack, Pass and repass, and pass my self over to the next Islands, being those famous of the Moluccoes, the only Islands of all India, affording in such store and plenty that excellent and admirable Spice, known to us by the name of Cloves.
CHAP. CIII. Of the Moluccoes, and the Trade thereof.
Islands Moluccoes, and the Trade thereof.THE Moluccoes are five in number, Molucco, Tarnate, Tider, Ge [...]olo, and Macian, to which may be added for nearness in the situation, Banda, and seventy other lesser Islands, which submit themselves and their delicious Commodities to the King of Terenate, at present the most powerful through all these Islands. Commodities of the Moluccoes.These Islands are sound to have for Commodities some Nutmegs, especially in Banda, also some Maces; Cloves abundance.but the principal Commodities of all these Islands is the delicate Spice, known to us by the name of Cloves, and found here growing in so great abundance, that it is apparent the whole World is furnished from hence; and all Merchants coming hither, and frequenting these Islands, are found only to come for this Commodity, and for nothing else. Amboina Islands.In this number I may also reckon the Amboina Islands, as the Island Amboina it self, Polerone, Polloway, Lantore, and Rosington, abounding with the self-same Commodity, and of late years made infamous, The matchless villany of the Dutch in the Ambolna Isles. by the bloody slaughter, and butcherly tyrannical torture and death of some English Factors, by the Machiavilian and matchless villany of the Dutch; the Actors of which have all of them, or the most part, come to untimely and fatal ends, (if reports be true,) thereby shewing the manifest judgment of GOD is punishing their villanies and wickedness, when as they thought themselves safe and free from the hands and justice of Man; and for those that as yet are living, I leave them to the terror of their guilty Consciences, and without repentance to their due Punishment in the world to come; where an uncorrupted and impartial Governour and Fiscal shall examine their Amboina Proceedings truly, and reward them according to their merits. Some of these Islands are now by them commanded, having driven out the Inhabitants, and by death cut off the interest of the English, who were jointly partners with them both in their Conquest and Trade; and now there is none left to the English but Polerone, originally theirs, yet now due to them by a second composition and agreement, who coming of late to take possession thereof, found that those barbarous [...] wicked Dutch-men resident in the neighbouring Islands, had cut down and killed all the Clove-Trees, and other of worth there growing, thereby depriving the English of all their expected benefit, by the last but prejudicial composition.
Coins current in Molucco, Banda, Amboina, &c.The Coins current in Moluccoes, Amboina, Banda, &c. and other Islands, I find not any settled in use amongst them; the Spanish ℞ ½ is the most usual in their payment for Commdities, and for the most part they use no other Coins but it: but I find, that according to the innocency of the times past, they barter and sell one Commodity for another, which is yet the most usual custom amongst them.
Weights of Molucco, Amboina, &c.Their common weight in use is the Bahar and Cattee.
The Bahar of Amboina of Cloves is 200 Cattees, and is English 625 l. which is the great Bahar.
This great Bahar is 50 Barrotes, every Barrote being 12½ l. Averdupois.
They have also in some of these Islands a greater Bahar, being ten times the former quantity, making 6250 l. English.
A Cattee is 100 Rials of [...]/ [...] almost 6 l. English.
Ten Cattees of Mace is called a small Bahar of Maces, and of the value of 10 Rials of Eight.
100 Cattees of Nutmegs is a small Babar of Nuts, and is of the aforesaid value of 10 Rials of Eight.
100 Cattees of Maces is called a Great Bahar of Maces.
And 1000 of Nutmegs is accounted a Great Bahar of Nutmegs.
And note, that 10 Bahars of Nuts is accounted for one Bahar of Maces usually throughout al [...] the Islands.
A Cattee of Maces being commonly worth one ℞ 8/ [...].
And 10 Cattees of Nutmegs commonly worth but also 1 ℞ 8/ [...].
The Inhabitants finding now their native Commodities requested by all other Nations, who come from far Regions to traffick with them for the same, have daily learned new experiments of Traffick and Commerce; and whereas in former time they exchanged their Cloves, &c. for Cotton cloath, and such like to cloath them, which yet is in some use amongst them; yet now they begin to know the worth of Silver, and the value of the Rial of Eight, and how th [...] hath power to bring and provide to them all other necessaries whatsoever.
Measures of Molucco, Banda, Ambiona, &c.The Measure of length is distinguished by Fathoms and Cubits, borrowed from their late Masters the Dutch and Portugals.
[Page 145] Dry Measures in Moluccoes, &c.But their dry measures for Corn, Grain, Rice, &c. is called a Canton, making about 5 [...]/ [...] pints English.
A Quoian is their greatest measure, and is 800 Cantons.
It is to be noted here, that the Islands of Moluccoes were first discovered by the Portugals in their Navigations to these parts, and afterward finding them rich in Cloves, by little and little got footing therein, partly by fair means, but principally by building of Forts and Castles in divers of them for the better obtainment and preservation of the brave Trade of these Islands: but of late years the Hollanders envying this their engrossing of this rich Commodity, endeavoured to supplant them, or in default of means and power to effect that, so to plant themselves, that they might partake and share with them in the Cloves, Nutmegs, and Maces, the only Commodities these Islands are found to produce, which by their policy, valour, and craft, at length hath so well succeeded with them, that now they are Masters and Commanders over many Forts and strong Castles in these Islands; Dutch Forts and Trade in Amboina.as Mallayo, Tallucco, and Tacuma, in the principal Island of Ternate, at Mariero in Tidoro, at Nassaw in Timor, Mauritas and Tabiliola in Machian, and which is intirely the Hollanders, 2 in Banda, 2 in Amboina, Barnefelt, in Bachian, and sundry others, seated here and there through the most convenient and best Ports for Trade and shipping in all these Islands; so that now being become more strong, potent, and daring, they have coped with the Portugals in divers encounters by Sea and Land, sometimes winning and sometimes losing, according to both their force and fortunes: in all their occasions, adding violence to Trade, trading peaceably where they cannot otherwise choose, and robbing and pilfering when and where they cannot otherwise make up their mouths to profit; in which practice of Trade and Thievery or thievish Trade, I leave them and those Islands, and come next to Java.
CHAP. CIV. Of Javas, and the Trade thereof.
Javas and the Trade thereof.IN this Tract is found Java major and Java minor, the greater being in compass 3000, and the lesser 2000 miles; the nearness of these two Islands to the Aequator, maketh these Countries so wonderful fertile, that they are termed the Epitome of the World. The chief Cities here are Palauban, Mega, Pegar, Agaim, and Ballambua; and in the lesser Java, Bosnia, Samara, Limbri, and others, but their principal Trade is driven at Sunda, Calapa, Bantam, Jacatra, now baptized by the Dutch Batavia, and lastly, Japarra; in which three last, the English have residence and Factories.
Commodities of Java Islands.The Commodities of these Islands, is Rice in abundance, Oxen, Kine, Hogs, Sheep, Indian Nuts, and all Provisions for food; also all kind of Spices, as Cloves, Nutmegs, and Mace, which the native Merchants transport to Malacca and other neighbouring Islands in great measure; also Pepper in great quantity, esteemed far better than that of India or Malabar, principally growing about the Straights of Sunda, of which there is yearly laden hence about ten thousand Quintals English; it hath also much Frankincense, Benjamin, Camphora; also Diamonds, and many other precious Stones, which are found therein.
Commodities of India fit for JavasThe fittest and most proper Commodities for these Islands Trade, are divers and different sorts and colours of Cotton Linnens, which are made at Cambaia, Cormandel, and Bengala, called Serasses, Sarampurus, Cassus, Sateposas, black Cannequins, red Turrias, and divers other sorts found made in the places abovesaid.
Batavia alias Jacatra.Here the Hollanders are found to be Masters of Jacatra, of late years called by them Batavia, the best and greatest Port of their Trade and rendezvous in these parts, where by little and little they have so fortified themselves, that they prescribe Laws to the Inhabitants, and endeavour to debar both English and all other from enjoying any benefit of the Trade thereof.
Coins current in Java Sunda, Bantam, JacatraIn Sunda (which I account here as the principal Mart Town, and in a manner the greatest in Java major) they have no other kind of money than certain Copper pieces minted, which they call Caixa, in the middle whereof is a hole to hang them on strings, for commonly they put 200 or a 1000 upon one string, wherewith they make their payments, as by this following account.
A Satta is 200 Caixas.
Five Satta's is 1000 Caixa's, which is a Crusado, Portugal money, or about 6 shilling sterling.
Accounts in Java, Bantam. Jacatra.The Merchants of Europe here resident keep their accounts, in ℞ [...]/ [...] and pence, accounting 60 pence, to the ℞ [...]/ [...] Spanish.
[Page 146] Weights in Java, Bantam, Jacatra, Japatra, Sunda.The weight at Bantam, Jacatra, Japarra., and at Sunda, is the Picul, the Cattee, and Babar.
A Cattee being less than the Cattee of Maccau, contains but 20 ounces English, and the other 20 ¾ ounces.
A Picul is 100 Cattees, and consequently is 125 l. English.
A Bahar is 330 Cattees of China, of 20 ounces as abovesaid, and may make in England 412 l.
Measures in Java, Bantam. Jacatra, Japatra, Sunda.Their Measure for length is (—)
Their dry measures for Grain, Rice, and Pepper, is a Timbam, and contain ten Sacks, principally used in Pepper and Rice, consisting of five Piculs; so that by this computation each Sack should contain in weight 62½ l. English, two Sacks for a Picul,
Prices of Commodities in JavasThe common prices of Commodities as I find them here observed, are Pepper of Sunda, is sold by the Sack, weighing ½ a Picul, or 45 Cattees of China, each Cattee being 20 ounces, at 5000 Caixa's, and when it is at highest at 6 or 7000 Caixa's; Maces, Cloves, Nutmegs, white and black Benjamin and Camphora, are sold by the Bahar, good Mace commonly sold for 120 thousand Caixa's; the Bahar and good Cloves after the same rate, but bad and foul Cloves, are sold at 70 or 80000 Caixa's the Bahar; Nutmegs commonly sold for 20 or 25 thousand Caixa's the Bahar, white and black Benjamin sold for 150 or 180 thousand Caixa's, and if extraordinary good, 200 thousand the Bahar; but how far these agree with the now common current rates, I refer to the better experienced.
CHAP. CV. Of Summatra, and the Trade thereof.
Summatra and the Trade thereof. SUmmatra, anciently Traprobana, and Solomon's supposed Ophir; was esteemed the biggest Island in the World, but modern experience hath found the contrary, being only 700 miles long, and 200 miles broad: Commodities of the Island Summatra.The Aequator cutteth through it, so that the Sun's vicinity makes it abound in several precious Commodities for Traffick, as first it hath Pepper in abundance, whereof above twenty. Ships of burthen is hence yearly laden; also Ginger, Alces, Cassia, raw Silk, Gold and Silver, Brass, and some other Drugs. This Island is subject to many Princes, the principal whereof are the Kings of Pedor and Achin; it is here a custom that the Natives do eat their slain Enemies, and did earst account their Skulls for a great treasure which they exchanged for other necessaries, he being accounted the richest man that hath most store of them in his house; this custom is almost extinguished, for the Trade of Merchants from other Countries thither, of late years having brought Silver and Gold in request amongst them, hath made them since know better.
Rarities found in Summatra.In this Island is found a Hill of Brimstone continually burning, and two very strange and admirable Fountains, the one yielding pure and excellent Balsamum, and the other most excellent Oyl.
The chief Cities of this Island, is Daren, Pasen, and Androgede, the habitation of so many Kings, Achin, Tico, Jambe, and Priaman, English Factories in Java.but the principal places and parts for Trade known to the Europeans, are Dachem or Achin, Ticko, Jambe and Priaman, all maritime and good harbours; where the English are found to have residence and Factories; also Pedir, Campar and Manancabo, to the which the Portugals generally do trade; but the Inhabitants for the most part transporting the native Commedities of this their Island to Malucca, which is not distant above twenty miles off, are not much troubled with the Portugals Commerce; though in lieu of them the Dutch have of late got footing and built Fortresses, to their as great trouble, vexation and slavery.
Coins current in Summatra, Achin Priaman, &c.Within these few years these Islanders were not known to have any Coins current in payment for Merchandize amongst them, but the Skulls of their slain Enemies, as I said before, which they accounted as their greatest treasures, and with which their barters and exchanges for things necessary were made; but now of late the Kings of Achin, in imitation of other adjoyning Princes, and so the near neighbourhood of Malacca, now in possession of the Portugals, have coined moneys, which in these days are observed to be these:
A Mass, which is here accounted for 4 Cappans, which is 12 d. sterling.
A Tail is 16 Masses, or 3⅕ ℞ [...]/ [...], or sterling money 16 s.
A Cattee is 8 Tails in ordinary account, and worth 25⅔ ℞ [...] Spanish, or 6 l. 8 s. sterling, and sometimes in exchange from hence to other adjacent parts, they account 7¼ and 7½ Tails to one Cattee.
Accounts kept in JavaIn other parts of this Island, as Jambe, Ticho, and Priaman, they have no Coins of their own, but the most current is the Spanish ℞ [...], in which the Europeans keep their accounts, and for distinction divide it to be 60 Deniers or Pence to a ℞ [...].
[Page 147] Weights of Summatra; Achin, Priaman, Jambe.The common through all Summatra is a Bahar, but yet found to vary in many places, and consisteth of Cattees, which in greatness also vary, and from thence cometh the difference; but in Achin, Priamam, Ticcou, and Jambe, where the English reside, the Bahar is found to be in each of these places 200 Cattees; every Cattee is 29 ounces English, so that by this computation the Bahar must make 360 l. English sotile.
Measures in Summatra.The measures here in use are (—)
CHAP. CVI. Of Borneo Island, and the Trade thereof.
Borneo Island, and the trade thereof.THe next Island in this Tract is Borneo, and is equally divided by the Aequinoctial into two parts, putting as it were a bound between the Dominions of the King of Borneo on the North-side, and of Laus on the South, in compass accounted above 2200 miles, and held the greatest of all this Ocean.
Commodities of Borneo Island.The Country doth yield in great abundance, the wood which we call Camphora; also that wood known by the Portugals by the name of Polo d' Aguila; and also that costly sweat wood which is called Collamba, which being good is weighed against Silver and Gold: also here is found some. Gold, Diamonds, Nutmegs, Maces, Agarick, and other Spices; and great abundance of that excellent Antidote, which in Europe is called the Bezoar-stone.
Towns of Borneo Island.It is plentifully stored with many fair Towns and Harbours, as Cabura, Taioparra, Tamorutas and Borneo, the Metropolis and most magnificent above all the rest, containing 25 thousand Inhabitants, and seated in a Marish of the Sea, after the manner of Venice. Secodana and Benicrmasa English Factories in Borneo.Also Secodana, where many Diamonds are found, and where the English some years past had a factory and residence, as also the same in Beniermasa, another good Port in this Island.
I have not met with the Coins current here in payment for Merchandize, nor yet with the Weights and Measures in use in this Island; therefore must refer the same to the better experienced, and to the Traders thither.
CHAP. CVII. Of Celebs Island, and the Trade thereof.
Island Celebs, and the Trade thereof.THE Island of Celebs is the next in this Tract, nor far distant from Borneo Island, through part of which runneth the Equator, yielding by the vicinity of the Sun the same Commodities proper to Summatra, Borneo, Gilolo and others, seated under the same line; it is subject to several Princes, and enjoyeth some eminent Towns frequented by European Merchants, for the sake of their rich Commodities, as Durati, Mamaio, Tubon and Maccasar the English Factory in Celebs. Maccasar, the chiefest Port for the Trade and Commerce of this Island, and where the English have a residence and factory, and following their observations made in this place, I find,
Coins current in Celebs and Maccasar.Their Coins current here in use are found to be the Mass, Cupan and Tail thus valued.
A Tail is accounted for 16 Masses in current value, and is reckoned to be worth 15 Rials of Eight.
A Mass is a Gold Coin, as is the Tail, and wants somewhat of 5 s. or a Rial of [...]/8 Spanish.
And this Mass is 4 Cuppans, each Cuppan esteemed to be about 14 d. sterling money; and by this calculation the Tail should make sterling, 3 l. 14 s. 8 d. and by the account of ℞ [...]/8 at 5 s. sterling, the Tail is 3 l. 15 s. sterling.
Weights in Celebs and Maccasar.The common weights in use are the Ganton, Zicoyan, and Mass, thus agreeing with the English weight Averdupois.
The Ganton is both a weight and measure, in weight it is found to be about 5 l. English, and in measure about two English Gallons.
A Mass in weight is 40 Gantons, which is 200 l. English, or 80 Gallons English.
A Zicoyan is 20 Masses in weight, which is 4000 l. English, or 800 Cantons of this place.
To proceed to the rest of the Islands in these Seas, is a work past my skill, or I think most mens else, considering the multitude thereof, Philippi [...].the Philippines being discovered by the Spaniards in Anno 1564, being in number 110 thousand, as some Authors report. Over against China are also found 7448 Islands, and about India 127000 great and small more, which in many places stand so nigh one to another, that they seem not only to such as are afar off to touch and to be all one firm land, but whosoever passeth between them, may with his hands touch the boughs of the Trees, both on the one and on the other side. Many Commodities are found growing upon these Islands, with which the Inhabitants of many of them, maintain a Traffick [Page 148]with their Neighbours; the knowledge whereof I leave to the better experienced.
The Portugals the first Masters of the Trade of East-India 1498.Now forasmuch as Portugals, Dutch, and English have of late years discovered those Countries of India, and that some of them have since settled themselves by Forts and Castles there: It will not be improper I should here survey their strengths and holds built for defence, and their Factory settled for Traffick throughout this Continent of Asia, and the Islands thereof. The Portugals then were the first that brake the Ice, and in Anno 1498. departing from Lisbon, under Command of Vasco di Gamma, doubled the Cape of Bona Esperance, which hath proved so successful to them since that time, that they have mastered, conquered and fortified themselves beyond that Cape in Soffala, Quiloa, Mosambique, Mombasa, and in Ormus in the Persian Gulph, lately again lost. In India they have the Castles and Towns of Diu, Daman, Basain, Ch [...], Goa, Honor, Barsola, Mongalor, Cananor, Cronganor, Cochin and Colan. In Silon they have Collumbe, bragging of one of the best Ports of the World; on the Coast of Chormandel, they hold Negapatam and St. Thomas: In Bengala they have Porto Pequenio, and Porto Grande, and Serapure; also Serone, Molucca; and some holds in the Molucca Islands, Macao, and Nungasark in Japan, and divers others; in all which they are found to be both strong, powerful, and great, and Masters of all the rich Traffick of these places, which thus for 100 year very near, they have both peaceably and quietly enjoyed at their own terms and condition, till the Dutch disturbed them, who seconded them in the Trade of India, who were the ne [...], who envying that this rich stream should only run his current to Lisbon, and that all the p [...] cious Commodities of India should first salute Portugal, The Holllandors became sharers in 1595.set out from Amsterdam in Anno 1595, and have since so well played their cards, and pleaded, as some alledge, so strongly with Ca [...] non Law and steel Arguments, that within 30 years they have found themselves to be Maste [...] and Commanders in these Countries and Seas of 28 Forts and Castles, and of 44 or 4 [...] Factories, for the preservation and prosecution of their Trade and Government, the names and draughts of which, some of their own Nation have published to their no little honour, and no small estimation; so that it may be imagined that their flood and the Spaniards ebb, [...] in few years bring the Indies to be more theirs than the [...]ortugals, notwithstanding their so long possession.
The English Nation the last Traders into Iudia, in An. 1600.The English Nation are the last and least in this Trade and discovery, for they imitating only the Portugals and Dutch in the due Rules of the prosecution of a Trade, but not in the prosecution of the Natives; begun their discoveries in Anno 1600, under the Command of Sir James Lacaster, with four Ships, the Dragon, Hector, Asenton, and Susan, whose endeavours have [...] by the blessing of God, and the good Government of that Company so well succeeded, th [...] they have sent forth above 30 Fleets or Voyages; and have settled their residence and Factia in 20 or 24 several places of note, as at Ormus and Jasques, in the entrance of the Pers [...] Gulph, under the Persian Monarch at Cambaia, Surrat and Agria, and other places in the Gre [...] Mogul's Country, at Musulapan, Armagon, Petipoly, Pottana, Siam, and other places [...] the Coast of Chormandel, and the Continent of Asia: at Achin, Ticko, Jambe, and Priani [...], on the Island Summatra, at Bantam, Jacatra and Japarra on the Island of Java, at Socod [...] and Benlermasa, on the Island Borneo; at Mogassar in the Island of Celebs, at Pulleron on the Island Banda, at Firando in Japan; and lastly in Amboina, Hitto, and other of the Moluccaes, which they quietly enjoyed, until the traiterous and bloody-minded Dutch did butcherly betray their lives, purposely to deprive them of that Trade, and to satisfie their unsatiable blood-thirstiness; as [...] extant by the passages of that Act in several Languages in the World.
These are then the only three European Nations that now contend and share among [...] them the Traffick and Commodities of these Eastern Countries; the Portugals making Lisbe [...] the scale of the East-India Commodities; the Hollander making their Amsterdam the Staple for their parts, and the English London for their Emporium; which within these late years, notwithstanding their sundry crosses and losses, is increased to that height and eminency, that these Merchants do not only furnish Italy, but also Constantinople, Aleppo, Smyrna, and other parts of Turkey, with all those Indian Commodities, which within less than these twenty years, they brought from thence into England, to the prejudice of Syria and Aegypt, and to the enriching of the English Subjects in general; as hath been most judiciously and at large demonstrated by the Right Honourable Sir D. D. in several particulars; as First, by the Royal founders thereof; Secondly, by the equity and justice of the Trade; Thirdly, by the honour arising thereby to the English Nation, in the strength added to the Navy Royal of this Land: Fourthly, by the former fortunate success of it, and the profit that may be yet reaped thereby to the whole Kingdom, and to the fellowship of that Society; besides the increase of Mariners, and of Arts and Knowledge; Fifthly, by far discoveries and hopes of propagation of Religion in those yet Heathenish Countries.
But leaving thus the Indian Islands, and the further survey thereof to those late Masters of that Trade, I will proceed in what is yet resting to pass through, as belonging to Asia, which are the Islands of Cyprus and Rhodes, soated in the Mediterranean Sea, to which I shall now hasten.
CHAP. CVIII. Of Cyprus Island, and the Trade thereof.
Island Cyprus and the Trade thereof.THE Island of Cyprus is accounted also belonging unto Asia, and situated in the Syrian Sea; in length 200 Miles, in breadth 65; and is 60 Miles distant from the shore of Cilicia, and 100 from the Land of Syria.
This Island is said to afford materials to build a Ship from the Keel to the Top-Sail, and fitted for the Sea, either as a Merchant's Vessel for transportation of Goods, or as a Prince's for Warfare.
Commodities of CyprusIt affordeth also these Commodities, as Wine, Oyl, Corn, Sugars, Cottons, Honey, Wooll, Turpentine, Allem, Verdigrease, Salt, Grograms, and other Commodities.
The chief Cities of this Island are Paphos, Famagusta, Nicotia, Lescara, Salines, and some others; In which Island the English have a Factory, for the only Trade of Cottons here in use; English Consul of Cyprus.and the English Consul resident in Aleppo carrieth the Title of Consul of Syria and of Cyprus, in which place he hath a Vice-Consul to supply his occasions for the preservation and maintenance of the English Trade hither; which are the only Company of Merchants called the Levant or Turkey Company, as included within their priviledges.
Coins at Cyprus.The Moneys of this Island current I need not mention, nor yet their Accounts, as being the Coins of the Grand Seigniors, and their Accounts kept after the same denomination as in Constantinople.
Weights of Cyprus.The weight in use through this Island is the Dram, 750 whereof is the Rotolo, and 100 whereof make a Cantar, which is accounted 4 per cent. greater than the common Canvar of Aleppo; and is by Calculation of such as have resided there 80 ounces Averdupois, or 5 l. the Aleppo Fotolo, yielding by this computation 4 l. 13 ounces, or 77 ounces: and the Quintal or Cantar of Cyprus by this account should be 500 l. sotile; but I find some observations made, that upon some Commodities that the 100 Rotolo's of Cyprus have made in London 510 and 512 l. The Rotolo of Cyprus contains 750 drams: and the Rotolo of Aleppo is accounted 720 drams, and 62½ drams make 1 ounce, and 6½ ounces make here an Oak: Note Famagusta.But note, That the Cantar of Famagusta is 4 per cent. greater than this general Cantar of the Island, which is above 1½ ounce per Rotolo.
This common Cantar of Cyprus, I find thus to respond with the City of Venice, and other places.
Rotolo's 100 of Cyprus make sotile Venice 780 l. and of gross 480 l. which by this computation should be about 522 l. English: But I imagine this is accounted the Cantar of Famagusta, which is 8 per cent. greater than that of Aleppo, which deducted, being 42 l. there resteth 480 l. Averdupois, the weight rendred of Aleppo; so that Rotolo's 21 incirca, make 100 l. gross, and Rotolo's 13½ do make 100 l. sotile, and Rotolo 1 is 7½ sotile, or 4 l. 8 ounces gross of Venice weight.
Weights of Cyprus compared with other placos.Again, I find these observations made on the weights of Cyprus, for Cottons, viz. 100 Rotolo's of Cyprus Cottons hath made in Venice 750 l. which is 30 l. less than the aforesaid notes which are meant of Famagusta, and hath made in
Naples | 671 l. |
Bolonia | 627 l. |
Montpelier | 678 l. |
Barcelona | 564 l. |
Sevil | 589 l. |
Paris | 448 l. |
Marseli | 567 l. |
Genoa | 710 l. |
Florence | 656 l. |
Milan | 678 l. |
Avignon | 570 l. |
Bruges | 555 l. |
Rome | 631 l. |
London | 506 l. |
The truth whereof I refer to the trial of the experienced.
Measures of Cyprus. Measures of length are here two forts: first, the Pico, by which is sold all woollen Cloth, and Silk accounted 26½ inches, and the Brace, by which is sold Linnen, being 1/16 longer than the Pico abovesaid.
The 100 Pico's rendring in Venice 125 Woollen Braces, and 116 of Silk Braces.
Of Wine. Wine is sold here by the Cuss, 7 Cusses make 6 Fetches of Venetians, which is a Candie Barrel; so that a Cuss and a half, and a Zant jarre, are of one and the same bigness.
Of Oyl. Oyl is sold by the Rotolo, which weighs 2½ Oaks, which is accounted for 1000 drams.
Of Grain. Grain is sold by a measure called the Moose, which weigheth 40 Oaks, and 2½ Mooses, or 100 Oaks make one Staio in Venetia.
[Page 150] Of Salt. Salt is sold by the Moose; 1000 Mooses here of Salt, make 14 Mooses in the account of Venetia.
Also some Grain is sold by the Coffino, 100 whereof making 24 in 25 Stera's of Venetia, which is ( [...]) Bushels English.
Island Rhodes seated amongst the Isles Archipelago.In this part of Asia (following the opinion of Authors) is the Island of Rhodes seated, formerly the habitation of the Knights of St. John, now a Beyque of the Turks, and where for the commodiousness of the Port, there is maintained a Squadron of his Gallies yearly imployed, to clear and protect those Seas: matter of Trade presenting here, I have here willingly omitted, and placed the same amongst the Islands of the Archipelago; to which place I refer the Reader, and who desires to see further thereof.
CHAP. CIX. Of the Trade in general of Asia, as it is found at this day.
Of the trade in general of Asia.TO conclude then the Trade and Traffick of Asia in general; it is comprehended within a few principal Cities thereof: as first in the Grand Seignior's Dominions in Aleppe, Smyrna, Constantinople, Alexandria, Balsara, and Baruti, and Damasco: in Persia, Dominions, in Scirus, Ormus, Casbin, Gilan, and Hispahan: and in India and these Coasts, at Goa, Malacca, Siam, Pegu, Cochin, Calicut, Mesulapatan, and the Islands of Java, Japan, Summatra, Molucco's: in Tartaria, in Astraca, Capha, Sarmacand, and Cambalu, &c. The Turkish Nation affords not many Merchants of note; yet some are found that from Constantinople do drive a Trade by Sea to Venice, Cairo, Trapesond, Capoa, and some few other places: and some again that with Caravans by Land drive a Trade from Aleppo, Damasco, and Aegypt to the Red-Sea, and to Mecha; but these I may more properly account Arabians than natural Turks, who in general have been esteemed in times past, and yet are more industrious and better vers'd in manual Arts, than in the mystery of Merchandizing: but now they have all well near lost that attribute, and wholly addict themselves by reason of their Grand Seignior's tyranny, to no further Trade than what necessity doth for the most part compel them, therefore not much worth here further consideration.
But those several Nations inhabiting the large Coast of India, Persia, and these abovementioned Islands, are found to be more addicted thereto and of greater eminency, and are found by their Traffick and Commerce to have raised to themselves Estates in these Countries equal to many of our European Dukes and greatest Earls, whereof the Gusurats and Canarins, the frugal and proper Inhabitants of India, are accounted the chiefest and principal, occasioned partly by their excellent subtilty in accounts and numbring, and partly by the late Navigations and Commerce of the Europeans, Arabians, and other remoter Nations amongst them, who bring them (for the most part) no other Commodity but Plate and Silver in Rials of ½, which they there exchange for the rich Commodities of India, as their Cloves, Maces, N [...] megs, Pepper, Diamonds, Emeralds, Rubies, Pearls, and such other the precious Wares of these Countries.
The Persian Nation challenge also a large share in this Trade of Asia, occasioned by their excellent and industrious Fabricks, and their natural plenty of raw Silks, which from them is abundantly transported and spread over all the world, and their sumptuous adorning and curiosity of living, drawing to them by exchange the Riches and Commodities of India and China, and other places.
The Arabians (as possessing a great part of Asia) may not here be omitted, amongst which are found many eminent Merchants, not only trading by Camels with Caravans from Turkie into Aegypt, and other places, and into the Red-Sea, but also from Aleppo to Babylon, Balsara, and so to the Persian Gulph; and also by Sea, not only on the Coast of Si [...] dy, India, Chormandel, Siam, Pegu, and the Islands aforesaid, where many Mahometan Princes are found to bear rule; but also at Suachem, Melinda, Brava, and Quiloa, and many other parts and Ports of Africa.
Neither amongst all these above-mentioned Nations, which are found in the general to afford Merchants of Eminency and Note, and to have a Country for particular residence to themselves, and where their Princes do bear Sovereignty, are the Nation of the Jews to be omitted or forgotten, who (though by the Curse of the Almighty) are scattered and dispersed as it were over the face of the whole Earth, and are permitted (with some limitations and restrictions) their abode in several Countries, paying for their liberty and freedom of residence and Commerce, both great and large annual Contributions in sundry places; yet by their ingeniousness in Trade, and their expertness in Arts, and their subtilty in the valuation of Princes Coins, and their Skill in Accounts, they are found in all these afore-named [Page 151]Countries to be both eminent and rich Merchants, trading as well by Land as by Sea through all these afore-named Countries, and by their Craft and Art raising to themselves eminence and great Estates thereby.
I should here give a share of this Asian Trade to the Chinoese, Tartarians, and other great Nations: but my Ignorance herein doth silence me.
Therefore it shall content me to have surveyed it in the general, and to have left behind me what Observations I have been able to collect of the Traffick and Traders of those vast and large Territories and Countries, knowing that their strange Customs, and the manner of their Laws and Government debar all easie access into their Dominions; and what others must not dare to see, I must not dare to offer to recount.
To conclude then, having thus run over and surveyed the general Commerce and Traffick of ASIA, I will now turn my self towards EUROPE, the last division of the World, and of this Work, and as the best known to us, and the best reputed of us.
OF EUROPE, AND THE Provinces and Cities of Trade THEREOF.
CHAP. CX. Of EUROPE the last Division of the World here handled, and the Kingdoms thereof.
Europe 15 parts. EUROPE, which I have willingly omitted as last and principal, cometh now to be surveyed, that the Trade thereof may the better appear in her particular Provinces and Cities, should be in prerogative of worth the chief and first; but following the custom of Merchants, I shew the best last, and the worst first.
Europe then is divided into these Provinces and Islands.
- 1 Spain.
- 2 France.
- 3 Italy.
- 4 Belgia.
- 5 Germany.
- 6 Denmark.
- 7 Norway.
- 8 Sweden.
- 9 Muscovia.
- 10 Poland.
- 11 Hungary.
- 12 Dacia.
- 13 Slavonia.
- 14 Graecia.
The Islands of Europe are dispersed through these Seas.
- 1 Greek Seas.
- 2 Egean Seas.
- 3 Cretan Seas.
- 4 Ionian Seas.
- 5 Adriatick Seas.
- 6 Mediterranean Seas.
- 7 British Seas.
- 8 Northern Seas.
Of all which in order, and of each of these Divisions in order.
CHAP. CXI. Of SPAIN, and the Cities thereof.
Spain. SPAIN, the most Western Continent of Europe, is invironed on all sides with the Seas, except towards France, from which it is separated by the Pyrenaean Mountains, and the Fortress of Pampelona on the North-west, and Perpignan on the South-east.
Commodities of Spain.The Commodities that this Countrey yields for Merchandise, are Wines, Sugars, Oils, Metals, Liquorish, Rice, Silks, Wooll, Cork, Rosin, Steel, Oranges, Limons, Raisins, Almonds, &c. Anniseeds, Anchoves, Soda, Barillia, Figs, Tunny-fish, Iron, Shumack, Saffron, Soap, Coriander, Hony, Wax, &c.
Spain is found at this day to be divided into twelve Provinces, which formerly were petty Kingdoms, viz. 1. Leon & Oviedo, 2. Navarre, 3. Corduba, 4. Gallicia, 5. Biscay, 6. Toledo, 7. Mur [...]ia, 8. Castile, 9. Portugal, 10 Valentia, 11. Catalonia, 12. Aragon. Of which in order, with their Cities of note and traffick.
Leon 1. Oviedo 2.In Leon and Oviedo I find no City of Trade memorable, the City of Leon being the principal, and is the Principality belonging to the Princes of Spain, under the name of Asturia [...].
Navarra 2.In Navarre is of note, the City of Pampelona, famous for her Fortification, and not for her Negotiation.
[Page 154] Corduba 4. Corduba is accounted the most fertile soil of all Spain, and hath Corduba for a principal City, from whence cometh that excellent Cordovant Leather known to us. 2. Marchena, a principal breeder of the best Genets in Spain: also 3. Medina Sidonia, whose Duke was principal Commander of that pretended Invincible Armado 1588. Also Lucardi Barameda, a great Haven-town, Xeres, which yields the Wines known, Sherry Sacks, because the Spaniards are found to pronounce x as sh in English: and also Sevil, which requireth (according to my Method) for her worth and eminency of Trade a Chapter by it self.
CHAP. XCIII. Of SEVIL, and the Trade thereof,
SEVIL is accounted the fairest City of all Spain, in compass six miles, invironed with beautiful Walls, and adorned with many stately buildings; as Palaces, Churches, and Monasteries; one whereof is endowed with 25000 Crowns annual rent. The River Baetis divides it into two parts, yet joyned by a stately Bridge: from hence the Spaniards set out towards the Western India, and hither return again to unlade the riches of those Western parts of the World, which principally are found to be Silver, Tobacco, Ginger, Cottons, Sugars, Brasil, and Ferinand Bucquewood, and some Drugs. Here is 30000 Gene [...]s maintained continually for the King of Spain his service; and the Trade of this place is of that greatness, that some are of opinion, the Customs of this Town only is worth unto the King half a million of Gold yearly; and the Archbishop of Sevil is held so rich, that his rent amounts to 100000 Crowns yearly, and hath under his Jurisdiction 2000 small Villages, and consequently in his whole Diocese 2000 Benefices, besides Frieries, Nunneries and Hospitals, and esteemed the next in degree to him of Toledo: The rarities of this place I willingly omit as well known to out Nation.
Accounts, kept in Sevil and Madera.In Sevil, Madera, &c. the Merchants keep their Accounts by Marvedies, of which 375 are esteemed to make a Ducate of Exx o 11 Rials, every Rial being 37 Mal. and so is but 374 Mal. But our English there resident keep their Accounts in Rials of 34. Mal. the Rial.
Coins of Sevil.Their current monies are these.
A Ducate of Gold of Sevil is worth 375 Marvedies accounted 5 s. 6 d. sterl.
A Rial of Castile is worth in Sevil 34 Marvedies, and is so worth throughout all Spain, which is accounted 6 d. sterling money.
A Dobra current is worth of Carlin money [...]1/ [...]7 Marvedies; every 1000 Dobras are 80 V. 883 Marvedies, and is accounted in Merchandise 71 Mar. and is worth in Valentia at even hand 4 Sold. 7. Den. 1/10 of Valentia money without charges of Exch.
A Dobra of Castile is worth 375 Marvedies, or is above a Ducate of Gold.
A Castilian of Merchandize is worth 485 Marvedies, about 7 s. ster. Vide monies in Castile current in all Spain.
Exchanges in Sevil.Their Exx o are made upon the imaginary Ducate of 375 Mar. payable in Banco with five per centum, which is the Banco's salary, or without the Banco to be paid without the same; and this Ducate is commonly termed Ducato de Oro, or de Peso; and is worth, as above, 375 Marvedies. In Sevil they make their payments as following, if you say in Ducate di Oro, o [...] de Castilia upon Banco, those are then paid in Banco without loss at all; but if you say to be paid in so many Ducates Doro in Pistolets forth of Banco, they will pay in the said money; but if it be said to pay in Carlins, it will cost ½, and sometime ¾ per centum loss. But because I have at large in the Tract of Exchanges in the Chapters 294 and 426 treated of the Exchange of this place, therefore I will (to avoid repetition) refer the Reader thereunto for further and ampler satisfaction.
Weights of Sevil.There is used in Sevil three Weights or Kintars: As first, the smaller which comprehends 112 l. of four Roves of 28 pound a Rove.
The next is of 120 l. of four Roves of 30 l. to a Rove.
The last is the great, of 144 l of 4 Roves of 30 l. a Rove, which last is accounted the common Kintar of Sevil, upon which these observations have been made; which for the certainty I refer to trial:
100 l. in Sevil have been found to make in | London | 102 | l. |
Marselia | 113 | ||
Venetia Sotile | 152 | ||
Venetia Gross | 96 | ||
Steilia | 56½ | ||
Lisbon | 90½ | ||
[Page 157] Florence | 129½ | ||
Antwerp | 98 | ||
Lion | 97 | ||
Dantzick | 117 | ||
Genoa Gross | 100 |
Spanish Wooll. Wooll of Sevil is commonly here bought about Michaelmas, and they pay [...] ready money, [...] at Christmas, and have from March to May for payment of the rest, of which here is great quantity provided.
Raw Silk. Silk is bought at Almeria, commonly worth 28 Pesanti the l. Morisco, which is 18 s. Florence, for which place it is bought, and this it will cost 1020 Mar. the said pound which is 30 Rials, which is performed between June and October, the best time being from July to August by reason of the heat; for after that the weight of Silk will increase.
And as for other Commodities here found besides Wooll and Silk, it cannot properly be said to be the Commodities of the place, but for the most are comprehended under the natural Commodities imported from the West-Indies, of which this is the principal Port and Scale in Europe, and as a Countrey entirely challenged by the Spaniards.
Measures of Sevil.Their common Measure in Sevil is the Vare, which hath been observed,
The 100 Vares to make in | London | ells | 74 |
Anvers | 123 | ||
Frankford | 154 | ||
Dantzick | 102 | ||
Vienna | 107 | ||
Lions | a. | 75 | |
Paris | al. | 70 | |
Genoav | Pal. | 336 | |
Rouen | al | 74 | |
Lisbon | V. | 74 | |
Madera | Br. | 76 | |
Venetia | 133 | ||
Lucca | 148 | ||
Florence | 151 | ||
Millan | 170 |
Of Oyl. Oyl is bought here by the Rove, 64 Roves is in Venetia one Miaria, 40 or 41 Roves make a Pipe, a Rove is 8 Somer, a Somer is 4 Quartiles, and a Quartile is ⅛ of a Stoop of Antwerp, and 2 Pipes or 81 Roves is 25 or 26 Florence Barrels, or 252 Gall. Gallons of English measure, but Sevil Gage is accounted but of these Pipes 236 Gallons, at 118 Gallons the Pipe.
Of Corn. Corn is measured and sold by the Cassise, which is 28 Staos of Florence, and makes Bushels English ( [...])
St. Lucar.Note, that St. Lucar is the Sea-Port of this City, whereto all Ships of burthen do first come and there lade and unlade, and where the Officers of the Custom-house do come aboard to take notice of the Goodsboth landed and laden for the City of Sevil, where the Customhouse is.
Customs of Sevil.The Customs of Sevil are great, and arise upon some Goods to 10, 15, 20, and upon most to 25 per cent. which I must refer to the better experienced; only it is noted by some, that have treated of the Kings of Spain's Revenues, that the Custom-house yearly of this City doth yield him, as I said before, half a Million of Gold.
Andalusia.To proceed, in the precinct of Corduba lies Andalusia, wherein I find Sevil to be seated. Secondly Granado, wherein the City of Granado, Malaga, and Almeria, principal Cities are situated: And lastly, Estremadura, wherein I find only Merida for a City of note, but not of Trade: Granada. Malaga.therefore a word of the two former, Granada and Malaga, better known to the English.
CHAP. CXIII. Of Granado, and the Trade thereof.
GRanado is the ordinary Parliament and Court of Justice for all the Southern parts of Spain, as Valladolid is for the North; and therefore it may be imagined, Where Lawyers are found to abound, little Trade is commonly concurrent; it is of it self a stately Town, and curiously built all of Free-stone; it is fenced with a strong Wall, having twelve Gates, and 130 Turrets; the Palace of the late Moorish Kings is the prime and most magnificent building of this City, it it seated within the Land, and hath Motril for the next Port, the neighbourhood of Almeria and Malaga, both Maritime Ports, hinder much the Trade thereof, therefore I shall insist the lesser upon the Trade of this City, which principally depends upon the R [...] Silk made here, and upon the Fabricks wrought thereof.
Weights used in Granado.The Weight here used is the Cantar, of 100 l. which hath been observed by some English to make 118 l. Averdupois, and by some Venetians to have made there 111 l. Gross, and 175 l. Sotile.
The Measure is as at Malaga.
CHAP. CXIV. Of Malaga, and the Trade thereof.
MAlaga is seated on the Mediterranean shore, abounding in Raisins and Wines that are known by that name, and thence vented to our colder Climate, which makes this Town famous for its plenty therein; where touching Anno 1617. I noted this observation, Coins in Malaga.Their Moneys are general with all Spain, the principal being
A Rial, which is 34 Marvedies, and is 6 d. sterl.
A Pistolet of Gold is 23½ Rials, and the double being 47 Rials.
Customs of Malaga.Their Customs upon Merchandise here differ; for Sugar, Almonds, Wine, and Oyls are found to pay Custom outwards — 7½ per cent.
Cochineal, and other such fine Commodities — 10.
All Commodities which are found to issue out else — 5.
All Commodities transported from Port to Port — 2.
Weights of Malaga.Their Weight is the 100 l. divided into four parts of 25 l. which they call the Rove, and every pound is 16 ounces, and 1 ounce makes 16 drams, and each dram 28 grains: and this 100 l. or Kintar hath been found to make 112 l. 5 ounces English; but yet I find some the have made observations upon this place alledge, That the 100 l. of Malaga will yield i [...] London 105 l
Measures of Malaga.Their measure of length is a Vare, which is 27⅞ inches by Rule.
Their liquid Measure for Wine and Oyl is a Rove, and divided into 8 Sombres: 25 Ro [...] makes a Pipe; and is 100 Gallons English.
Of Corn.Their Grain Measure is a Hanock, and is divided into twelve Almodes; this Hand is ¼ of a Bushel and twelve Gallons English, which weigheth by heap 144 l. and by str [...] 29 l. English.
Almeria.Note, That Almeria agreeth in Weights and Measures with Malaga above-named.
Gallicia.In Galicia, I find only St. James of Compostella famous for the Sepulchre of St. James, which is worshipped with incredible devotion; Q. Baiona. Baiona, commonly called the Groine, whereto some Trade is driven by the Merchants of England, principally of Bristol, which I briefly thus anatomize.
The Coins are the same, as used throughout Spain.
Here is in use two Quintals, the one proper to Iron, which is London 122 l. and the other called the Sutle Quintal, which is 108 l. and the Measure here in use is as in Bi [...] following.
Biscay, and the Trade thereof.In Biscay, I find Bilboa and St. Sebastians, two noted Towns for Trading, much frequented by Merchants, whereupon I have gathered these Observations of the Trade of these places.
The Coins are here current with all Spain, which is a Spanish Rial, distinguished into white Quarties, four to a Rial, and 4½ black Quartiles to a single Rial, and accounted by 34 Mar [...] dies to the said Rial.
Weights of Bilboa.There is here in use two Quintars, the one proper to the Iron here made, which produceth in London 158 l. and the other being the Sutle 100 l. produceth here about 111 to 112 l.
[Page 157] Measures of Bilboa.Their Measure here of length is the Vare; 100 yards is here 109 Vares, and the 100 Flemish Ells, whereby Bays are bought in England, is here 80 Vares.
Corn is here sold by the Hanega, and five Hanegaes have been observed to make a Quarter English.
Customs of Bilboa.The Customs here are 2½ per centum, and valued as they shall be sold, and not paid till sold: but note, That no Commodities pay here any Custom but what is either to be eaten, drunken, or burned: and if a Merchant hap to make a bad debt of above 500 l. the Custom thereof is not paid all.
Toledo.In Toledo is the City of Toledo, famous for its Archbishoprick, whose Rents look as high as 300000 Crowns yearly; it is seated in the centre of Spain, but of no great consequence in matter of Trade, known to us, as improper for the same by its situation, being an In-land City, and over-traded by Shurchmen.
In Murcia there are three Towns of note, Murcia. Murcia the first, as principal of the Province; Cartagena. Cartagena the second, as having a most excellent Haven, and agreeing in Weights and Measures with Alicant; that is the third, that hath choice Wines and good Trading by its commodious situation. Of the two former I cannot say much: in the latter having lived some years, I observed these Rules in the course and Trade of the place.
CHAP. CXV. Of Alicant, and the Trade thereof.
Alicant, and the Trade thereof. ALicant, seated on the Mediterranean Shore, as Malaga, Almeria, and Cartagena are, is of late years become (by reason of its commodious Road) to be the Scale of the City of Valentia, where the principal Merchants thereof reside, and have here their Factors and Respondents that negotiate their Affairs for them: it affords Wines, Raisins, Licoris, Soda Barillia, Basse ropes, Soaps, hence called Alicant Soaps, Aniseeds, and such.
Coins of Alicant.The Moneys are those of Valentia, see there farther.
Accounts kept. Merchants keep their Accounts here in Livers, Solds and Deniers; twelve Deniers make a Soldo, twenty shillings a Liver, which is accounted to be five shillings ster [...] as the Soldo three-pence, and the Denier a farthing.
Weights of Alicant.Their known great Weight is a Cargo, which is 10 Roves of 24 l. and of 36 l. to the Rove: the Rove of 24 l. being 18 ounces, and the Rove of 36 l. being twelve ounces, by which is sold Pepper, Rice, Almonds, Cloves, Spices and other Commodities of value.
All gross Commodities are weighed by 24. l. to the Rove, and four to the Quintal, the Cargo making 280 l. Averdupois, and the Quintal making 96 l. in England.
All Sugars, Drugs, and Tin, is weighed by a small Quintal, which is 120 l. of twelve ounces to the pound, which is about 18 or 20 per centum less than the English 112 l.
Soda Barillia carried hence to Venetia to make Glasses, and to Marselia to make hard Shap, hath been found to make a Cantar 133 lib. of Provence: A general rule in Alicant Weights.but because this diversity of Weights may seem troublesome to be understood, observe this general Rule, 96 l. of 18 ounces is 144 l. of 12 ounces, and is the great Quintal; 80 l. of 18 ounces is 120 l. of twelve ounces, and is the small Quintal; the difference found is 16 l. of 18 ounces per libram, and 24 l. of twelve ounces l. from the great to the small Quintal.
Measures of Alicant.Their common Measure is the Vare, which is ⅙ less than the English yard.
Their Wine Measure is a Cantaro, which is about 12 quarts English.
Their Corn Measure is a Cassise, about 3 bushels English.
Custom.Their Custom is 11 Deniers per centum Liver, which is 4½ per cent. and is payable 8 Deniers to the Duana, and 3 Deniers Sisa, which is paid as well by the buyer as the seller, and as often as any goods are either bought, sold, or bartered, so often is the said Custom paid by buyer and seller 9 per cent. see Valentia farther.
Castile.The next is Castile, the most prevalent Province of all Spain, and whence the Spainiards entitle themselves Castilians, and to which all the other are united, either by conquest or intermarriages; it is divided into the New and Old, Segovia.in which is first the City of Segovia, whence comes our fine Segovia Cloth, made by Woolls that first had their original from our English Sheep. Valladolid.Secondly, Valladolid, an University, which yields no Commodity but English Papistical Fugitives. Burges.Next Burges, famous as contending with Toledo for the Primateship of Spain. Salamanca.Next Salamanca, the most Famous Academy of all Spain; these are in Old Castile. In New Castile are found these Cities; Madrid.first Madrid, the Seat of the Kings of Spain, and from a little Village become a populous and large City: Alcala.Secondly, Alcala: Thirdly, Alcantara: Escurial.And lastly the Escurial, built by Philip the Second, and which cost four Millions the Sructure. In [Page 158]this Tract, I have not observed any eminent City of Trading, yet because the whole Countrey of Spain in general hath in many things a dependency upon the rules and orders in matter of Trade belonging hereunto; I will therefore, to shorten my work, as well in the succeeding as in some precedings Towns, give you a Touch of the Trade hereof under the Title of Madrid or Castile.
CHAP. CXVI. Of Madrid in Castile and the Trade thereof.
Castilia, and the Trade thereof. Coins of Castilia.THE general Coins of Castile I account as the general Coins passing throughout Spain, which is to be considered when I treat of the Trade of any City under the subjection of the Key of Spain.
In the then Court of Spain, being commonly in Madrid in Castilia, the Ducate is worth [...] Marvedies, and is called by some a Dobra of Castile.
A Castiliano is worth 485 Marvedies.
A Florin of Castile is worth 265 Marvedies, almost four shillings sterling.
Quento.A Ducate Count or Quento of Marvedies is a million,
A Count or Quento of Marvedies is Ducates 2666⅓, and at Dobra it is worth 2739 57/78 [...] which is sterling 733 l. 6. 8 d.
A Rial single of Castile is worth 34 Marvedies, which is 6 d. sterling.
A Quento of Marvedies is worth 3258 Rials and 3 Marvedies.
A Crown of Castile is worth 323 Marvedies, but of them you need not make payment but of 600 only.
The Ducate of Spain hath 11 Rials of Plate, and every Rial, as I said before, 34 Marve [...], and every Ducate 374 Marvedies, which is 5 s. 6 d. English, the Rial 6 d. and the Mar [...] less than our farthing: the single Pistolet of Gold 11 Rials ¾ being 400 Marvedies which is according to 6 d. a Rial 5. s. 10⅛ Esterling.
Exchanges in Castilla.In Castilia they that give money upon Exchange, do agree to be paid in Ducates of Gold, [...] their worth in Gold or Silver; for if they should not do so, they should be paid in base [...] ney, which would prove to be more than five per cent. loss. The orders of the Fairs in [...] are thus.
Fairs of Castilia.The first is the Fair of May, and is made in Medino del Campo, and begins the first of [...] and lasteth 50 days.
The second is the Fair of August, and is made in Medina di Riosecco, and begins the first [...] August, and lasteth 30 days.
The third is the Fair of October, made in Medina del Campo, and begins the first of November, lasting 50 days.
The fourth is the Fair of Villa Lion, begins the first day of Lent, and lasteth twenty day [...] but is no Fair of Exchange; the time expired, there may no Goods be sold, nor payment made upon pain of forfeiture of the Goods and Moneys. And it is to be noted, that the L [...] ters be there fifteen days before the time.
The payments.The payments upon all the Fairs they make in Banco, not saying forth, and they are to rec [...] in Ducates de Oro, in Oro largo, and forth of Banco; where they say forth of Banco and [...] ready money, there is gotten thereby one per cent. and when they say Ducates of Gold, or [...] worth, it is understood in Marvedies, 375 for a Ducate, and when they say forth of the Fair, [...] understood for ready money; and this shall suffice to have said of Castilia in general: and a for the custom and manner of their Exchanges here practised, see the Chapter 426, of the fachange of Spain, at the end of this Tract.
Portugal.In Portugal, once a Famous Kingdom, (and the rather for the fortunate discoveries made in the Eastern Indies by the Inhabitants there is many fair Towns of Trading, but all of the [...] giving precedency to Lisbon, the Metropolis of this Kingdom; I shall willingly therefore [...] the rest, and inlarge my self thereupon: Commodities of Portugal.The general commodities this Countrey abounds is are these, Honey, Wine, Oyl, Allum, Fruits, Fish, white Marble, Salt, &c. and those many other Commodities, that it is now in great abundance found to yield, are the proper Commodities of the East-Indies such as are Pepper, Cloves, Sugars, Nutmegs, Ginger, Cottons, Calli [...], the Gems of India, the Spices and Drugs of Arabia, and the Silks and Fabricks of Persia and China, which though here to be had, yet I have here omitted the mentioning, as not being the native Commodities of Portugal.
CHAP. CXVII. Of Libon, and the Trade thereof.
Lisbon and Trade thereof. LIsbon is accounted to be seven miles in compass, and to contain 20000 families, having 67 Towers upon the Walls, and 22 Gates to the Sea-ward, and 16 to the Continent: it is seated upon the River Tagus, accounted most famous and commodious for Traffick and Commerce, from hence the Portugals set out to the East Indies, and hither do return again with all those Spices, Drugs, and other the rich Merchandize, which East-India, Arabia, Persia and China do afford: at the entrance of the River Duero stands Porto also, a Town of good Trade, where the Galiies used in times past to land the Merchandise, and therefore is called Porta Gallorum, by which means some Authors do infer the whole Countrey took its name of Portugal. But to proceed to Lisbon, I will note what I have observed thereupon in matter of Traffick according to my proposed Theme.
Coins of Portugal.The Coins in Portugal found current are these:
A Croisado of Gold, is worth 400 Reas.
A Ducate of Portugal is 10 Reals, which is 400 Reas, which is five shillings sterl.
A Rial is 40 Res or 6 d. sterling, a mill Reas is 22 Rials.
A Testoon is 2½ Rials, or 100 Res, or 15 d. sterl.
A Vintin is 20 Res, or 3 d. sterling.
A Mirle of Gold is 1000 Res, which is 2½ Ducates.
A single Rial Spanish, is 2 Vintins, or 4 Res.
Weights of Portugal.Their Weights are these, a small and a great, the great Cantar is divided into four Roves, and each Root is 32 Reals, which is 128 l. at 14 ounces per l. which hath been found to make in Florence 149 l. their small Quintar for Pepper and Ginger is near 112 l. English, the Rove or Quatern is 2 [...] l. the great Quintal holdeth 15 in 16 per cent. more than the English 112 l.
The King hath a Quintar for his Contractation house to sell the Spices of India, by which is 150 l. of Florence, and is about 114 l. English, the great Cantar of Lisbon making in Florence 170⅓ or 130 l. English, but all fine Goods is by custom of the place to be sold by the said Kings-Beam.
These Observations upon 100 l. small of Lisbon, have been made in and yield.
The 100 l. small of Lisbon doth yield in | London | 113½ | li. |
Marselia | 126½ | l. | |
Venetia sotile | 168½. | ||
Venetia gross | 106 3/ [...]. | ||
Sicilia | 63¼. | ||
Florence | 149¼. | ||
Antwerp | 107¾. | ||
Lions | 119 [...]/ [...]. | ||
Sevil | 110¾. | ||
Dantzick | 130½. | ||
Genoa | 162. | ||
Aleppo | 23 | Rials. | |
Aleppo Silk | 24, 6. | ||
Irip. Soria. | 27, 6. | ||
Irip. Barbaria | 98 | l. | |
Baruti | 22. | ||
Alex. Zera | 51, 3. | ||
Alex. Forsia | 117, 6. | ||
Seio. | 102, 10. | ||
Constantinople | 93, 6. | ||
Rhodes | 20, 7. | ||
Acria | 18, 3. | ||
Babilonia | 15, 10 | Ma. | |
Balsera | 4, 5½ | Ma. | |
Ormus | 113. |
Which for trial I refer to the experienced.
Measures of length in Portugal.Their Measures of length, dry and liquid here used are these; first their Measure of Cloth is the Coveda, which is near ¾ of an English Yard; the Measure Linnen is the Vare, and i [...] an Ell, less nail of the English measure, by which may be made the computation for other Countreys, and by some found to be 8 per centum less.
[Page 160] Of Corn in Portugal.The Measure of Corn, is the Alquier, three Alquiers is a bushel, 1½ is 8 Gallons Winchester Measure, and five Alquiers is a Hannep of Spanish Measure.
Of Salt in Portugal.The Measure of Salt is called the Muy, and 60 Alquiers makes a Muy, and 2 Muyes and 15 Alquiers is a Tun of Bristol water-measure, which is 10 Gallons Winchester, and 40 of those Measures do make a Tun.
Note, that 4½ Alquiers of Lisbon make a Fanega, or Hannep in Andalusia, by some observations, which Fanega is 2 Staios and somewhat more of Florence, in such manner that a Sta [...] o [...] Florence may be accounted half a Fanega, and an Alquier of Lisbon may be accounted half a Staio of Florence, which makes ( [...]) Gal. Eng.
Customs of Lisbon.The Customs is inwards 23 per centum, that is, to the Dechima 10 per cent. to the Si [...]e 10 per cent. and to the Consolado 3 per cent. and the Customs outwards is onely 3 per centum.
Observations upon the dry Measures of Lisbon.These observations have been also made upon Measures of this place; 22 Alquiers of Lisbon have made in Sicilia upon Corn 1 general Salmo, Alquiers 3⅛ have made in Marselia one Mina; and it is to be understood, that the Muy of Corn and Salt are all alike, but that there is given one in 24 more upon Salt, because the Salt loseth and not the Corn. The [...] of Wine in Lisbon is 52 Almudin, and one Almudin is 13 Chanate, &c. which is in E [...]gland ( [...]) Gallons.
Valentia.The next Province is Valentia, giving name, or taking it from a City of the same name, the principal of this Province which is seated some two miles from the Sea, where there a found an open Road called La Grevo, and not capable of great Ships, nor indeed safe for Ships of any noted burthen, therefore is Alicant become the principal Scale for this City; i [...] which place having resided for some time Anno 1617. I shall touch the Trade thereof as observed by me in those days.
CHAP. CXVIII. Of Valentia, and the Trade thereof.
Valentia and the Trade thereof. VALENTIA, the principal City of the Province of Valentia, giveth Rules to all the adjoyning places, as well for matter of Trade as Judicature, wherein is vented yearly great quantity of Pepper, Tin, Lead, Baies, Linnens, Fish, as Pilchards, Herrings, and Ne [...] land fish, and such other like Commodities, having their Moneys current, Weights and Measur [...] as followeth.
Coins of Valentia,A Liver of Valentia is worth 20 Sold. of that money, and is 5 s. Sterling.
A Ducate of Gold is 21 Sold. of the said money.
A Castiliano is 27 Sold. and 4 Deniers of the same money.
A Liver of Valentia is worth 365 Marvedies of Castilia, and changing them at Naples for Valentia 18 sold. 4 Deniers, which with the charges comes even, because a Ducate of Carlins is worth at Naples after the rate of sold. 18 Den. 3½, and this because your money is at 15 pe [...] centum.
Their greatest money is a piece of 6 sold. which is three Rials Castile, then have they three sold. which [...] Rials, and the half of three sold. which is 18 Deniers, which is 1½ sold. every soldo is 12 Deniers, and 24 Deniers is a Rial Castiliano, which is 6. d. sterl.
Accounts in Valentia.Their Accounts are kept by Liver, Sold. and Deniers. 12 Deniers accounted to a sold. and 20 sold. to a Liver, which is 10 Rials Castile, 50 souls French and 5. s. sterl.
Weights of Valentia.The Weights are these and thus distinguished.
The greatest Weight is a Cargo or Load, which is 360 l. of Valentia, and hath been sound to encrease 3 or 4 per centum after the Weight of Florence. Cargo fine Ditto gross.This Cargo is accounted to be 12 Reves as well of sine as gross goods; a Rove suttle being 30 l. and by this Weight is weighed Corn, Sugar, Oyl, Spice, and other fine goods.
A Rove Gross is 36 l. and by this is weighed Wool, and such other gross goods.
A Quintar as well the small as great is four Roves, which makes 120 l. of fine goods and 144 l. of gross goods, in which observe this true Rule for all the Weights of Valentia.
Note in weights.98 l. of 18 ounces to the l. is 144 l. of 12 ounces to a pound, and is accounted the great Kintar, and
80 l. of 11 ounces to the l. is 120 l. of 12 ounces per. l. the small Cantar: so that the difference is 16 l. of 18 ounces, and 24 l. of twelve ounces from the great to the small; and these two Weights have been observed to yield in other Cities of Trade after this manner. [Page 161]
Suttle l. | Gross l. | ||||
100 l. Suttle doth produce the first Row. 100 l. Gross doth produce in the second | London | 96½ | 115¼ | ||
Marselia | 107 | 128 | |||
Venetia sotile | 140 | 168 | |||
Sicilia | 54 | 64 | |||
Lisbon | 84 | 102 | |||
Florence | 122 | 147 | |||
Antwerp | 92 | 110 | |||
Lions | 101 | 122 | |||
Sevil | 94 | 113 | |||
Dantzick | 110 | 133 | |||
Malage | 26 | Rials | 31 | Rials. | |
Barcelona | 104 | l. | 125 | l. | |
Majorque | 102 | 124 | |||
Paris | 102 | 124 | |||
St. Maloes | 105 | 128 | |||
Aleppo | 196 | Rials | 234 | ||
Tripoli Syria | 234 | Rials | 249 | ||
Baruti | 188 | 224 | |||
Alexand. zera | 445 | 532 | |||
Scio | 876 | 105 | |||
Constantinople | 79 | 95 | |||
Rhodes | 17 | 21 | |||
Genoa | 133 | 163 |
Measures of Valentia.Their Measures are these following:
Four Palms of Valentia make a Vare, which is 1⅔ Braces of Florence, and is 1⅚ parts of an English Yard; 100 Vares after this account may be in London 83 in 85 Yards.
Of Corn. Corn is sold by the Caffiso in Valentia, which is twelve Barsellas which weigh 10½ Roves of 36 l. la Rove of twelve ounces per l. which is in Florence 7½ Staios, and 37 Barsellas is there 24 Staios, which is a Mayo, Barsellas 17 making a general Salmo in Sicilia; and is of the measure of Corn in England ( [...]) Gallons.
Of Salt. Salt is also sold by the Caffiso, which weighs 18 l. of the Gross weight of Valentia, eight Caffises making one Modino in Juice, and one Caffise making 3 bushels English.
Of Wines Wine is sold by the Cantaro, which is a pitcher, and contains twelve quarts of English Measures. Note, that 1480 Salms of Wheat in Sicilia have made in Valentia 1480 Saffici.
Commodities of Valentia.This Country affords, as I said before, hard Soap commonly worth 80 Rials a Kintar, rising and falling as Oyls are in request.
Aniseeds are worth 24 Rials the Rove, and daily is transported for France and England.
Barillia is used in making Glasses, and hard Soaps; and worth 16 to 18 Rials per centum.
Denia. Raisins of Denia, a small Village, anciently a famous Town of this Province; not so well esteemed as Malaga Fruit, is sold here at 18 Rials per cent. and I have paid here for a whole Ships lading of 200 Tuns, Anno 1618. 24 Rials per cent. proving commonly best when dearest.
Almonds are here also plenty, worth commonly 12 Ducates a Cargo, which is 220 l. English which 280 l.
Customs in Valentia. Customs here paid is 9 per cent. 4½ by the buyer, and 4½ by the seller, and as often as any Commodity is bought or sold, so often is this Custom paid, being 8 Deniers Duana and 3 Deniers Sisa; and if any Goods come in to be shipped out again (commonly called a Transito) the general Duty of four Deniers per l. is only paid and no more.
Their payments in Customs and all other ways are in Valentia money, and worth 3 per cent. to be converted into Spanish Rials.
There is also a Duty called a Mottahecos, which is a pound of Pepper on each Quintar, and so upon other fine Goods: And this is as much as I remember needful in this Argument, and so I will proceed to the next Province which is Catalonia; and as for the Exchanges here practised, see farther in the 291 and 426 Chapters.
Catalonia.In Catalonia is only famous, the City of Barcelona the principal of this Province, where having good cause of the remembrance of my being here, by reason of my imprisonment in [Page 162]the Inquisition, Anno 1618. I must according to my Method afford the Cities Traffick, a [...] of observation, in acknowledgment of their love and pains in my Release; moved thereto, partly by the affection I had gained with many the chief Merchants, but especially left the same might deter other English from coming to traffick and inhabit amongst them, and furnish their necessities with English Commodities which they seem much to desire, and oftentime much stand in need of.
CHAP. CXIX. Of Barcelona, and the Trade thereof.
Barcelona. BArcelona is seated on the Mediterranean shore, and entring into that Gulph which is so terrible to Navigators, in these parts called The Gulph of Lions. It hath a reasonable commodious and safe Harbour, and the Citizens do winterly enlarge and lengthen the same by adding to their Mould, that Ships of burthen may come within the same: what I obserred here Anno 1618. I will briefly declare.
Coins in Barcelona.Their Moneys current in Merchandize, besides the Rial of Castile, is a Liver which passe [...] here at 20 sold. and a Ducate of Gold of Castile is worth 24 sold. of the said money, and the soldo is twelve Deniers of that money, wherein they are found to keep their Accounts.
Weights in Barcelona.Their Cantar is a 100 l. which is English 92 l. or thereabouts, and hath made by observation
In | Florence | 123 | l. |
Genoa | 130 | l. | |
Valentia | 106 | l. | |
Marselia | 104 | l. | |
Venetia Sotle | 140 | l. |
Measures of length.Their Measure is a Can consisting of eight Palms, and hath been found to make th [...] Braces in Florence, and in England found to produce 1⅜ Yards English, and in Naples [...] been found to make 6⅜ Palms.
Of Corn. Corn is sold by a Measure called the Quarter, one Salmo is four Quarters, sold always [...] of all Customs, 2⅓ Quarters making a Cargo or load, which is accounted 360 l. as is that [...] mentioned aforegoing in Valentia.
Woolls are sold by the Rove, which is 30 l. making 26 l. of Venetia gross, whither the same is commonly transported, and in Florence 36 l.
All gross Goods are sold by the Cargo, accounted 3 Kintars, which is 440 l. Sutle of Ven [...] and 278 l. gross there, which is 372 l. in Florence, and hath been found to make English 3000 [...] Averdupois.
Tortosa.In this Province lieth also Tortosa a fine small City, but the principal of the Inhabitants [...] ing accounted as Moors, were some years before my being here banished this Country, [...] therefore most places lie waste, and many Villages are here along found without Inhabit [...] and the Grounds to want Labourers.
Aragon.The next Province is Aragon, wherein is Tarragon, a fine and handsome City, but [...] the banishment of many of the Inhabitants, as above is said, now made poor: in my [...] there in 1618. I found it most to consist in making of Silk, here bought and carried to Irlentia to be wrought: Saragosa.The principal City hereof is Saragosa, which should challenge a [...] particular relation, as being commodiously seated for Traffick on the banks of the River [...] Ebro, but being an University, it were too great an honour for an inland Town to prod [...] famous Scholars and eminent Merchants; yet in the current Coins, it is observed to rule as [...] V [...]dentia: and because there is found practised here a great Exchange, I have inserted [...] same by it self, Chapter 292 in the end of this Tract, with all circumstances thereunto appe [...] taining. And these are all the principal Cities of Traffick found at this day comprised [...] the Kingdom of Spain.
CHAP. CXX. Of the Weights and Measures of Spain reduced to the English hundred.
Weights of Spain reduced to the 100 l. of England.THE principal Cities of Spain and Portugal thus surveyed; it will not be unworthy our observation, first to see how the Weights and Measures of some other lesser Cities here omitted concur with the Weights and Measures of England, and then take a general view of the Trade which is in general found in the compass of those Kingdoms, now united and subject to the Crown of Castilia. First then, to begin with the weights of Spain and Portugal, I will reduce them to the suttle 100 l. of London, which by observation hath been found to make in.
-
Sevil 108
l. by
- great Quintar of 144 l. of four Roves of 36 l.
- smaller Quintar of 112 l. of 4 Roves of 28 l.
- by lesser Quintar of 120 l. of 4 Roves of 30 l.
-
Granado and
Almeria bona
- 104 l. is the pound of 16 ounces.
- 89 l. is of Silk and Copper of 18 ounces.
- 52 l. great weight for Flesh 32 ounces.
- Castilia Medina del Campo 98 l.
- Burgos 89 Rot.
-
Aragon and
Barcelona
- 102 l.
- 92 l. great weight for Woollen.
- 126 l. small weight for Saffron.
-
Valentia
- 102 l. by Quintar of 4 Roves of 30 l. for Spices.
- 129
l. by
Quintar of 4
Roves of 36
l. the
Cargo, is those
Quintars of 360
l. and the greater of 432
l.
The 100 l. of London.
- Leon 105 l.
- Saragos [...] 108 l. and by the small Quintar 126 l.
- Savalon [...] and Salanico 126 l.
- Viliaco 77 l.
Note here, that the Islands of the Canaries, and all the Islands of Spain use the weights of Sevil as foresaid; now for the Kingdom of Portugal 100 l. London makes in.
-
Portugal Rot. 104
l.
- the great Quintar of 128 l.
- the small Quintar of 112 l. containing each 4 Roves of 32 l. and 28 l.
Note here, that there is allowance made four upon the hundred upon Sugars, and two and 3 per cent. upon Cotton Woolls, and such like, the small Quintar is the weight of the Contractation-house of the Indies: All Spice is weighed thereby, but all are weighed by the great Quintal, and reduced upon the lesser Quintar, one Quintar of Wax is one Quintar, and half of 112 l. is 168 l.
-
- Madera 104 Rotolos.
- Cape Verd. 104 Rot.
- Saint Thomas 104 Rot.
- Guinea 104 Rot.
- Maroc [...] in Barbary 104 Rot.
- Feas and Suus in Barbary 92 l.
- Calicut 77 Aracoles.
Note here, they sell by the Baccar or Bahar, being at Lisbon four Quintars of 112 l. and observe, That the Bahar is 4 Quintars for 120 Aracoles.
- The
Bahar or
Bahor is
- 20 Faracoles of 32 l. per Rove, which at Lisbon is 5 Quintals great.
- 480 Aracoles.
Whereby it may be discerned, that as Sevil hath given the weight to the West-Indies discovered by the Spaniard, so hath not Lisbon but in part given the weight to the East-Indies, who had amongst themselves there an eminent Trade, and consequently their Weight and Measure peculiar to themselves, before the Portugal discovered the same.
Measures of Spain reduced to 100 yards in London.As for the Measures of both these Kingdoms, as I have done with the Weight in reducing it to the London 100 l. suttle, so will I reduce the Measures thereof to the 100 yards of London which rendereth in [Page 164]
The 100 Yards of London is in Castilia | 111 | Vares | of 4 quartos, and every quarte 2 Palms. |
Toledo | 111 | Vares | |
Cades | 108 | Vares. | |
Ditto for Silk | 148 | Ells. | |
Andalusia | 109 | Vares, | |
Aragon | 57 | Canes. | |
Saragosa | 44 | Canes. | |
Morocco | 181 | Covad. | Both these of 12 to o [...] Cove. |
Cap dalgier | 141 | Covad. | |
Sivilia | 109 | Vares. | |
Granado | 109 | Vares. | |
Barcelona | 57 | Canes. | |
Valentia | 97 | Canes. | |
Lisbon | 82 | Vares. | |
Ditto for | 109 | Vares. | |
Ditto for Silk | 96 | Covades. |
CHAP. CXXI. Of the Trade in general of Portugal, and the Kingdom of Spain.
Of the Trade in general of Portugal and Spain.THE Navigations and discoveries of the Spaniards and Portugals into the East and West-Indies, though they carried to the world at first the specious colours of Piety and Religion, by planting their Superstition in these Heathen Countreys; yet Ambition and Profit was doubtless the secret design of their intendments. Portugal, whose Kings first sought those unknown Regions of the East-Indies, and seeking discovered, and discovering in part conquered, presently made strict Laws and Prohibitions for any of his Subjects to trade for certain the riche [...] Commodities thereof but himself, and thereupon settled his Contrataction-house in Lisbon, where those Commodities should be sold, weighed, and delivered, and these bargains being made by Commissioners appointed by him, were first from them called Royal Contracts; and thus for a long time it continued, till his Subjects having made further and ampler discoveries of those Regions, for their better incouragement, and to induce his People to those Navigations, be permitted them afterward an ampler and larger liberty of that Trade, reserving certain partic [...] lar Commodities only to his own use and benefit; neither did it otherwise appear in the camage of those who were discoverers of the West-Indies, which we find to be the Spaniards; see though there wanted not fair and plausible demonstrations of winning the Souls of those pooe People, yet by millions they were slaughtered, butchered, and slain, making a devastation in th [...] Countrey of those innocent Inhabitants, as if there had been no way to the eternal life of the So [...] but by a present death of the body, aiming thereby, as may be conjectured, particularly at the possession only of their Estates, which by many deaths and torments was drawn from the [...] and converted to their own and their Soverains Treasury, as appears (to the scandal of their Religion and of their King) in sundry of their own Authors published in many Languages These two Countreys then thus discovered, and thus by rapine gotten and settled, and since united together under one King, have afforded the present matter of Trade of all Spain and Portugal, which before that time afforded not any Commodities almost whereby Trade might be as much as discerned, much less maintained; and now Lisbon for the East, and Sevil for the West-Indies, is become the Staple for all the rich Commodities those two Countreys do afford, and so continued till England and Holland by their late Navigation shared with them in the [...] fick and riches thereof, which yet are seen to be but as petty branches coming from the principal channel; but the West-Indies affording to them great quantity of Silver by the Mines thereof, which now is found so abundantly plentiful in the world, may be called indeed and in effect their best Commodity, which ever since its first coinage, they have maintained in its prime weight and sineness, which many of their Politicians have gone about at several times to inhanse, as if it would have proved a great benefit to their Common-wealth; but wiser judgments have discovered, that the raising of these moneys in Spain would prove altogether prejudicial to that State; for all these Commodities that are brought to them, which for the most part they stand in great need of, being necessary either for back or belly, would soon vanish, did not these their moneys allure and attract them; and contrariwise it may be hence imagined, and I think granted, that what other Princes soever doth inhanse his Silver, or the moneys of his Countrey, it must needs prove to his own proper prejudice and the Spaniards gain, because they raise and inhanse a Commodity which is not theirs really, but transported to them at second hand by Merchants and [Page 165]others, and of which though happily possessing some small Silver Mines of their own, yet the gross is still his, so far forth as his quantity and abundance exceedeth theirs.
As for the other Commodities which those Countreys afford, ours and many other Nations were with the same from Alexandria and Venice at first supplyed, and then hence, but now having found the way to the Spring head, we daign not to buy of them at the second hand, except such, of which their Princes reserve to themselves a peculiar interest, either by farming the same to their Subjects, or keeping the same in their own hands, or by excluding all other Nation from the Trade thereof, and these we and others are constrained to have from them, in which number may be accounted Sugars, Tobacco, Ginger, and some other Drugs, and the Commodities of the West-Indies in general.
Now for the Inhabitants both of Spain and Portugal, they are in general lovers of Merchandizing and Traffick, neither so much despising it as the French, nor yet so much addicted thereto as the Italians, yet more willingly adventuring their Estates at Sea than them, who herein are found to distrust the Providence of Almighty God in a lawful calling, and prefer their own wisdom and providence on Land before the protection of the Almighty at Sea. And as they are well-wishers to Trade, so are they found in a large measure to practise it in such Cities as occasion and Commodities do either present or permit; for both in Sevil and Lisbon are found Merchants of great eminency, but yet are such as for the most part bend their Traffick into both the Indies and no where else, except peradventure a little to Antwerp in Flanders, and into Naples, and Sicilia in the Mediterranean Seas, and which seldom are noted to adventure their estates, or have any. Factors resident but where their King is Chief and Sovereign. The Raw Silks, Wines; and Fruits of this Kingdom are the prime Commodities of import it now yields, as also Olives, Raisins, Figs, Almonds, &c. which the English fetch from them in great abundance; so that it is of late years observed, that the Planters of these Fruits, and their Wine Merchants, have by our over-greedy purchasing of these Commodities, raised to themselves fair Estates.
Two things I observed during my abode here, that are great lets and impediments to the Trade of this Nation, the one is the banishment of the Moors that here in great numbers Inhabited, who painfully and industriously manured their land, and by their labour and thrifty living reised to their Landlords and to themselves good and great estates, the which now for many thousand thousand Acres lie wast and desolate, whole Towns and Villages being depopulate, and the Lords Castles and Mannors appearing ruined and decayed, want the pains of these poor People that gave their Lords and Lordships means of subsistency. The second is the residence of many Genoa Merchants amongst them, who are found in good number to abide in every good City, especially on the Sea coasts, whose skill and acuteness in Trade far surpassing the natural Spaniards or Portugals, and who by means of their wealth and continual practice of Exchanges are found to devour that bread which the Inhabitants might otherwise be sufficiently sed with; and by reason that the King of Spain is ever engaged to their Common-wealth for great and vast Sums at interest, he is their Debtor not only for their moneys, but a so for their favour, which by many immunities throughout his Kingdom, he is found continually to requite them: and amongst the rest it is observed, That there is no Genoa Merchant resident in Spain in any part, but hath a particular Licence to export the Rials and Plate of this Kingdom to a certain round Sum yearly, which they seldom use really to do, but sell the same to other Nations, that are constrained to make their returns in Plate for want of other more beneficial commodities; which for the certain profit it is found ever to yield in other Countreys, is often preferred before all the other Commodities of this Kingdom. A third reason of hinderance I might add hereto, which is tho current Coin wherein all Commodities are sold and bought; for in many parts of this Kingdom, being for the most part base and of Copper and Brass, which to convert into Rials and good money is found to cost the change in some places 5, in some 10, in some 15, in some 20 per cent. which is the first penny. The great Customs also paid in many parts of this Kingdom, is likewise a great let and hinderer of Trading in general; which wherefoever the same is by the Sovereign levied, will in a short time and insensibly devour and con [...]ume a flourishing Traffick, and enforce the suffering Merchant either totally to give over, or bend his Trade where he shall find the burthen thereof lighter and more easily to be born and endured. Now as for Commodities which other Nations are found to bring unto them, and of which they stand in need partly to supply their own necessities, and partly to maintain their West-India Traffick; as this England brings them great store of Newlandish fish, Irish Salmon, Pilchards, Herrings, Lead, Tin, Calves-skins, Baies, Saies, Serges, and other English Manufactures; and in return have only thence Wines, Fruits, Oyls, some Indico and Sugars, Ginger, and the like India Commodities. East Countrey furnisheth them with Corn, Cordage Masts, Pitch, Tar, Rosin, Fir-boards, and other Timber, and only return thence the Commodities above-named; only it is ever lawful to him that brings Corn to carry out Rials of Plate in return thereof. France sends them Corn, Linnens, Paper, and some petty Manufactures, and returns thence [Page 166] Plate, Wine, Fruits, and some India Spices. Italy affords them some Manufactures of Silk, and hath in return some raw Silk, Segovia Woolls, Barillia, and such like: and herein is comprehended the general Traffick of Spain at this time: so passing the Pyrenaeans, I will enter into France.
CHAP. CXXII. Of FRANCE, and the Provinces and Cities thereof,
France, and the Provinces thereof FRANCE is accounted one of the most Eminent Kingdoms of Europe, and it is the best that can subsist without the help of others; it is bounded on the North with the British Ocean, on the West with the Aquitain Sea, on the South with the Mediterranean Sea, on the South. East with the Alpes, on the East with the River Rhine, and an imaginary line drawn from Strasburg to Callais.
Commodities of France.This Countrey affordeth for Merchandise to her Neighbours three natural notable Commodities, Corn, Wine, and Salt; the Farm of Salt onely yearly bringing into the King's coffen 100000 Crowns, besides which it yieldeth Oyls, Almonds, Soaps, Canvas, Coral, Paper, Wool, Linnen fine and course, Nuts, Beefs, and of late some Stuffs and Cloth made of Woollen, &c.
There is reckoned in this Kingdom 25 Provinces; the notable Cities of Traffick found therein, I shall orderly handle.
Aquitania.The first Province is Aquitain, wherein are sound the noted Cities of Tholousa, Bourdea [...], and Rochel, of which a word in brief.
CHAP. CXXIII. Of Tholousa, and the Trade thereof.
Tholausa, and the Trade thereof. THolousa is the Parliament seat of Aquitain, and standeth on the banks of the River Gur [...], which hence runneth to the Walls of Burdeaux and Blay, and so to the Sea: It is very plentiful in Pastil or Woad, which hence is dispersed into several Countreys, the Countrey [...] affording any other notable Commodity worth mentioning.
Coins and Accounts.Their Moneys is the same as throughout all France, which in Parts the principal City of this Kingdom, I shall handle; their Accounts also here kept, are as through all France in general, in Livers or Franks, Souls, and Deniers, 12 Deniers to a Soul, 20 Souls to a Live or Frank.
Weights of Tholousa.The 100 l. or Kintar of Tholousa hath been observed in Woad for Diers to make in England 124 l. and the Cargo by which the same is commonly sold to be 372 l.
Measures of Tholousa.The Measure of this Countrey is called the Aulin, and maketh in England 42 inches by the Rule.
Woad of Tholousa.Note, That in Tholousa there is a Cantar also of 112 l. which is in use in all other Commodities, Woad excepted, sold by the Cargo, as above is mentioned, and is hence sent to Narbon, and thence dispersed into sundry parts of the Mediterranean Seas.
CHAP. CXXIV. Of Burdeaux, and the Trade thereof.
Burdeaux, and the Trade thereof. BUrdeaux is seated upon the Banks of the River Geronde before mentioned, plentifully abounding in those Wines, which being White and Claret, are known by the names of this City: here is also near this City the little Village of le Greve, which gives name to those Grave Wines, which we esteem so excellent; and between this Town and Tholousa lie those rich grounds which yield those sweet Wines by us known by the name of High Countrey, which the Inhabitants of Burdeaux knowing their worth, would hinder the sale and exportation of theirs of that growth, do therefore prohibit the same to be landed, or sold in their Town till Christmas day in the morning, and then these High Countrey Merchants are more busie in landing their Wines, than they are in attending their Mass; that Gabor or Lighter being ever accounted free of Tax and Custom that first setteth her head aground, when their Mass Bell ringeth, and then it is lawful for any man for that day to come aboard her, and be drunk gratis.
Here our English have had many priviledges, and been esteemed as fellow Citizens before all other strangers, but our last Wars to the Isle of Rhee have made them here inferiour to all others, [Page 167]and now pay double their former Customs upon Wines, which in courtesie to the Dutch is abated them, and laid on the English shoulders, which may be remedied if his Majesty please; it is otherwise then for Prunes and Wines, a Town of no great Trade, for little Traffick is here else driven; Moneys only are hither remitted to provide the same, but no Commodities else vendible of import. In Anno 1611. I here learned the French Tongue: after I had been for a while in Rochel, so I will note in brief, what I observed thereupon in those my younger days.
Monies and Accounts.The Moneys current and Accounts kept are in Livers, Sold. Deniers, as throughout all the Dominions of the French King.
Weights of Burdeaux.Their Weights and Measures are as followeth:
The Weight of Burdeaux is the Pound 100 whereof is the Quintar which hath been found to be 110 l. English, and the 100 l. in London is 90¾ l. here.
Measures of Burdeaux.Their common Measure is an Auln, which is about English.
English subjection at Blay upon the River Geron.From Burdeaux I will pass by Blay, where I will onely note a subjection of our English Ships, which here at their going up to Burdeaux, unlade all their Artillery and Arms, which by many treaties between the Kings of England and France hath been covenanted to be disused, yet the insolency of the Captain of Blay, scorning the commandments of his Soveraign and his treaties, holds still the same in use to the great prejudice of our Merchants trading to Burdeaux. And now to Rochel, the place of my first Education beyond Seas.
CHAP. CXXV. Of Rochel, and the Trade thereof.
Rochel, and the Trade thereof. ROchel hath been long time accounted the strongest and best fortified City in France, and was till of late years in possession of the Protestants, and was ever found as a Sanctuary for them in their greatest dangers; it is commodiously seated for Trade on the Aquitain Ocean, the Sea every tide flowing into the City, and carrying thereinto Ships of a reasonable burthen: within these late years the French King hath besieged it, and after a long Siege starved the Inhabitants, and by that means enforced the reduction, therefore what Trade it now hath I am ignorant of, but Anno 1611. there was a great concourse of Merchants, as being the staple for all English Commodities for these parts of France.
Their Coins current and form of Accounts are the same as throughout all France, and their Weights are these.
Weights of Rochel.The 100 l. of Rochel hath made in London 96 l. English, and by observation in Lions of poids de la ville 94 l.
Measure of Rochel.The Measure is the Auln, common in name with all France, but in many places is found to differ, roaking here 44 inches English.
From England is sent hither Butter, Calves-skins, Herrings, New-found land-fish, and some English Manufactures of Cloth, &c. and hence is returned a small Wine, called a Rochel Wine, but more properly Cogniacke; also Salt from the Isle of Rhee, Oleron, &c. and some Prunes and other Commodities.
Poictu. Poictou is the next Province, the principal City hereof is Poictiers, famous for the study of the Civil Law, and next to Paris for greatness in all France, but of no note in matter of Trade.
Anjou. Anjou is the next, yielding the best Wines in France, the principal Town is Angiers and Saumar, the only Protestant University in France.
Main. Main is the next, the principal Town is Mans.
Tourain. Tourain is the next, the principal Cities are Blois, Ambois, and Tours, famous for giving a beginning to the Protestants of France, and which is noted for many excellent Fabricks and Manufactures of Silks here daily made, known to us by the names of Taffaties, Plushes, and Tabies of Tours.
Britany. Britany is the next, wherein is found Nants for the situation pleasant, Rhemes a Parliament Seat; and lastly, St. Malo, seated commodiously for Trade upon the British Ocean.
Locrams. Giberoy a great Fair for these Countries, and Morlais affording that Linnen in great quantity known to us by the name of Locrams.
St. Maloes and Morlais.St. Maloes and Morlais comprehending these three known sorts of Dowlas, Tregar, and Grasscloth, also Noials for Sail-cloth, and some of other sorts here daily bought up for ready moneys, and hence dispersed into Spain, England, Scotland, and Ireland.
Normandy.The next is Normandy, in which are found many principal Towns of Trade as being commodiously seated by the neighbourhood of the British Ocean; the chief is Caen, Diep, Newhaven, Constance, and lastly, Rouen, under the Title whereof I shall comprehend the Trade of the rest.
CHAP. CXXVI. Of Rouen, and the Trade thereof.
Rouen, and the Trade of Normandy. ROuen seated on the Banks of the River Sein, and the Seat of the Parliament of Normandy is one of the principal Cities of Traffick and Commerce in France, having a great concourse of Merchants of all these Northern Kingdoms, and is one of the three principal in France when Exchanges are used.
Commodities of Rouen.The Commodities that are hence, and out of Normandy exported, are Linnens course and fine, Buckrams, Paper, Cards, some Wines, and other petty Manufactures.
The Commodities sent thither from England, principally Cloaths of sundry Countries, a Kerseys of Devonshire and Yorkshire, Bayes of Coxal, Cotton of Wales and Yorkshire; and of late, Pepper, Galls, Cotton, Yarn, and other Turkey Commodities, also Lead, Tin, Fish, and some India Commodities.
The Notes of Trade observed there at my residence therein 1614. I shall briefly touch as then noted the same.
Moneys and Acounts in Rouen.The Monyes current and Accounts kept are the same as in general used throughout France see farther in Paris.
Weights in Rouen.The Kings Beam is here called the Viconte, which is 14 per Cent. greater than our English 112 l. and some have found it to be 10 or 12 l. by which is weighed all Commodities whatsoever; but I have often found that the 112 l. English hath made by Viconte 98 l. and by commce beam 101 l.
Measures in Rouen.The Measure is here an Auln, by which all Commodities of Woollen and Linnen is measured, and is accounted 1¼ yards English, but those that have made tryal thereof find it is be 46 inches; but it is here to de noted, that in buying of Linnen Cloth of this Country, there is allowed in the account of Measure 24 Aulns for 20, and is called the Merchants Auln or measure, and by the same is oftentimes here again sold in England, and it is found that Diep, Caen, and some other Cities of Normandy afford also this over-measure in the sale of Normandy Canvas here made, so that it may be said this place hath a great and a small Auln the one exceeding the other 20 per Cent. or 120 for 100, and the smaller agreeing with [...] English Ells. Fairs in Rouen. Rouen is found to have 3 Fairs in a year, at two whereof there is liberty given for fifteen days to buy and transport any Commodities in this City free of all Customs and Ta [...] provided the said Goods be laden and departed down the said River to a certain limited [...] stance below the City, by fifteen days after, otherwise to pay the Custom as is accustomed.
The Fair beginneth the 3d of February, and lasteth fifteen days.
The second beginneth the morrow after Whitsunday, and lasteth fifteen days.
The third is not accounted a free Fair for Customs as the former, and beginneth the [...] day of October, and continueth only eight days; where note, that these days are accounted so many working days, Sundays and Holy-days according to the Church of Rome excepted.
The English Hall of Rouen for sale of woollen Cloth.Here is in this City a publick Hall granted to the English for the Sale of all English Woolls Cloath, whereto they are enjoyned to carry the same, and have certain set days to lay open and sell the same, and for the hire and custody they pay a Duty of Halledge or Warehousdo [...] they have had formerly here many Immunities and Priviledges, and were accounted as h [...] Citizens; but the civil wars of France, the insolency of the Inhabitants, and the great Authority of their Court of Parliament, daily give new fashions and new Laws to the English Merchants here resident.
This City is the prime of Trade in this part of France, and is accounted the principal Northern Scale of Traffick in the French Dominions; for from hence are exported great quantity, as I said before, of Buckrams, Canvas, fine and course, playing Cards, Box Combs, Paper, Threal, Teasles for Clothworkers, and some Plushes, and other Stuffs lately here made, and in fine all the principal Commodities of Normandy, Paris, and those parts adjoyning to the River Sein; Exchanges of Rouen.as for the Exchanges here used, see Lions in the Tract of Exchanges following, which gives Rules thereto in Chapter 277 and Chapter 302.
The Isle of France.The next division of this Kingdom is the Isle of France, which is in the heart of the Frend Dominions, the principal City Paris, being the Metropolis of the Kingdom here situated, wh [...] though it consist not much in Trade, save what may serve happily to feed and clothe the Court and Inhabitants, yet all the other Cities taking hence the Rule of Government for Traffick, may challenge justly a Chapter by it self.
CHAP. CXXVII. Of Paris and the Trade thereof.
Paris and the Trade thereof. PAris, being the principal City of France, and the ordinary residence of the King, is esteemed to be ten miles in compass, through which the River of Sein doth gently run, and so to Rouen, thence to the New-Haven or Haure de Grace, and thence to our British Oceam It is not of great consequence in matter of Trade, as neither affording Commodities to be exported, nor yet venting store of Commodities imported; though an ignorant French-man, which had not seen further than this City, calls it the greatest in the world for the Trade found therein, and for the multitude of Merchants, which I imagine he understood Shop-keepers; some Cloth, Lend, Tin Baies, and Stockings it venteth from England; Satins and other Silk; and Plushes from Italy; some small wares from Germany, and that is all the most important: It is one of the three Cities in France where Exchanges have been placed, Rouen and Lions being the other two; and though I have divers times been here, yet I could never find any remarkable observations in Trade, which incleed is no where in France much practised, because of the base esteem the French Nation do hold of Merchants and Merchandising, every Cobler honouring his old Shooes with the Title of sa Merchandise, with as great confidence as he that never handled any Commodity but Silks or Jewels; in which foolish humour I will leave them, and come to my purpose.
Paris giving rule in the matter of Coin to all other Cities of France, I have purposely referred it here, to avoid the reiteration in any other City of this Kingdom.
Coins of France.The least piece then of Coin Current in France is a Denier, two whereof makes a Double, and twelve thereof is a Souls, and Souls twenty make a Liver, which some call a Frank, and thus in Livers, Souls, and Deniers their Accounts are kept.
Accounts in France.Their common Coins are pieces of 8 Sol, which is the ⅜ of a French Crown in Silver: a piece of 16 Sold. which is the quarter Crown, 4 of which makes 64 Sold. accounted for a French Crown, and 4 Solds which is of 3 Livers Turnois. They have also pieces of 21 Sold. 4 Deniers being the [...] of the said Crown, called by some Testons, and the ½ and ¼ thereof, and as the quarter Crowns were at first raised from 15 Sold to 16 Sold, and thereby the 60 Sold to 64 Sold, so were the said Testons also in proportion raised accordingly. The Gold Coins are only two, which is the common Crown, of 3 Livers or 60 Sold. and the Crown of the Sun, being 3 Livers 16 Sold, or 76 Sol.
All which Coins in their first coinage, bare this true worth and value, and then were conceived to hold equality with England: thus 10 Sold to make 12 pence sterling.
23 Sold to make 2 shillings sterling, which is their Liver.
60 Sold. to make 6 shillings, or 72 pence, which is the French Crown.
Note of Moneys inhansed lately in France.But these inhansed to such rates as the necessities of the Prince or Commerce inforce them, find net now any settled rate, but according to the will of the payer and receiver, for he that sells, his Commodities in France now for ready moneys, must contract it if he be wise at what rate he must have these Coins in payment, lest he imagine he sell to good profit, and yet by experience find he sells the same to a great loss and disadvantage.
And note, That since the writing of the abovesaid, the piece of 16 Sol. is raised to 20 Sol. [...] on the whole, which I place here as a Caveat for such as shall have occasion to traffick in these Kingdoms, that he be inquisitive and circumspect to inform himself in the true worth and value thereofere he part with his Commodities.
Weights of Paris.The Quintal of Paris is 100 l. which hath been found to produce in London near 100 l. suttle 2 per cent. more or less, which
In Lions renders of 16 ounces | 116 l. |
In Venetia sotile | 144 l. |
100 l. sotile in Venetia making in Paris 62½ l. of 15 ounces per l. The Cargo or great Quintal in Paris is 300 l. of 12 ounces per l, which makes in Florence 487 l. but the ordinary Quintal of 100 l. before-named is of 15 ounces to a pound.
Wine is sold by the Cistern, 96 making a Tun, and each Cistern contains 8 Pints, so that it may be accounted two Cones of Florence, which is ( [...]) Gallons English, see London.
Measures of Paris.They have two Measures in length, one for Silks, and another for Linnens, the which are ( [...])
But note, that all Merchants selling Silk Stuffs in gross in Paris, the same is sold by the Pound weight, which is better for the buyer, for thereby he discerneth the weight of the Silk he hath for his Money.
[Page 170] Exchanges of Paris, Paris doth exchange with many places, which I here omit, and place the same amongst the Exchanges in general in the Tract following at the end of this Book in the Chapters 277 and 302.
The French not addicted to Trade.It may be imagined, that this Kingdom, considering the Riches thereof, should abound i [...] Trade and Navigation; but the better sort of Men medling not with Traffick, as conceiving the same to be both ignoble and base, and consequently unfit for them, leave the same to such whose spirits are elevated to that ripeness, that they can but only be sorry for their erroneo [...] opinions. Their Navigation also is not far, the Marselicans greatest Voyage being to Turk [...]; and the Inhabitants of Rochel, Saint Malo and Rochel, seldom sailing into any Regions further than Spain, their ill success in America's Plantations peradventure disswading them; b [...] he that shall wisely look into the beauty of their In-land Towns, the Riches of the Countrey it self, and especially the plenty of Corn, Wines, Linnens and Salt that France produceth, and how much these Commodities are prized and sought after by other Nations, will be more willing to excuse the French for their so little desire to traffick into remove Regions.
La Beause.The next Province is la Beause, Orleans.wherein is Orleans a pleasant City, and where the neatest and most Elegant French Tongue is conceived to be spoken, seated on the Loire, but affording little matter of Trade or Commerce, save that it is found to be a great Through-Fair for all such Commodities as do enter into the heart of the Countrey, as to Lions and other Cities, upon the River of Loire, and by this way; and hath a growth of good Wines about it,
Berry.The next is Berry, Bourges.wherein is Bourges seated as the prime and principal Town, who are much addicted to Clothing, and where great abundance of Sheep are found to pasture and feed.
The next is Bourbon, wherein is contained Burbon. Nevers. Mollins. Bourbon, Nevers, and Mollins, wherein I never saw any Commodities worth relation, save those excellent Instruments of Iron in small Cases here made in great abundance, called Estuus, and dispersed thence over all Christendom.
Beavois.The next is Beavois, the chief Town is Villa Franche.
Avergne.The next is Avergne, the principal City is Cleremont.
Limosin.The next is Limosin, the principal City is Limoges.
Perigort.The next is Perigort, the chief Town is Perigeux.
Quercu.The next is Quercu, the chief Town is Montalbon, one of the Cautionary Towns in the Intestants possession, and now lately by the French King reduced to his subjection.
Dauphine.The next is Dauphine, honoured with the Title of the Princes of France, Vienna.wherein is found Vienna, excelling in the Art of making Sword-blades. Valentia. Valentia, a fine City, watered with the Rhone; and lastly, Lions, once the principal Town of Traffick in all these parts, where having occasion of residence 1616. I noted these particulars following in Trade.
CHAP. CXXVIII. Of Lions and the Trade thereof.
Lions and the Trade thereof. LIons hath ever been accounted a Fanious Mart-Town, and doubtless before Navigation had its perfection, a City of great Trade and Commerce; but for as much as all In-land Towns must submit in this point to Maritime Cities, by reason of the commodiousness of the Sea, which is the greatest furtherer of all Traffick, so must this Town now give place to many others that exceed her in the point of Traffick.
The Mart of Lions formerly in Geneva.There Mart for Trade here setled was formerly holden in Geneva, and by Lewis the Eleventh removed hither, for the enriching of his own Kingdom; and when Pope Julius the Second had excommunicated Lewis the Twelfth, he commanded by his Apostolical Authority that the same should be again removed to Geneva; but his Holiness herein was not obeyed; for Trade must not be constrained, but entreated, though by Popes which would command all things; and therefore stirred not from hence, where yet it continueth.
The Town is watered with the streams of Rhoane and Soane, which furthers it much for carriage; it is most famous now for the many Fabricks of Silks here wrought and hence dispersed through all France, and the Citizens to this end have their Factors in Marselia, who trade for them to Aleppo in Syria, to furnish them with that Commodity by land; also they trade for Florence, Lucca, Millan, Mesina, and other parts of Italy, but it is only for raw Silks, and some such Commodities as these places do afford. I resided here some years, and found the greatest of their Trade to consist in Exchanges as the principal and most proper Town of France, thereto the Bankers of Florence, Venetia, Lucca, and Naples, have here their Factors purposely for this occasion.
[Page 171]From England is here vended some Bays, Tin, Lead, Cony-skins, and but few Commodities else: and to our Countrey it affordeth not any commodity worth mentioning; what I have observed, I shall only touch, and no more.
Coins and Accounts in Lions.As for Coins current, and Accounts keeping, it is the same as throughout France.
There hath been of long time in use an imaginary Coin here current in Exchanges, called the Mark, which briefly to explain, is
An ancient Mark in Exchange in Lions.A Mark of Gold is 65 Crowns of Mark, or 63 Crowns 11 s. 9 d. of Gold in Gold, or 62 Crowns of Camera Vechia, of Rome; or 68, 14, 3 Ducates current of Venetia.
And they did use here to keep their Accounts by Crowns of Marks, Sold. and Deniers, advising one Crown de Mark to be 20 Solds of Mark, but is 45 Sold Turnois, by which Crown of Mark they did exchange by, as briefly for example.
They gave in Lions one Crown in Mark to have in Florence 57 or 58 Crowns, according to the Cambio.
To have in Rome 56 Ducates of Camera more or less, as the Exchange went.
To have in Naples 72 Ducates of Carlins more or less, &c.
To have in Palermo or Messina 25 or 26 Carlins, &c.
To have in Spain 400 Marvedies, according to the rate of Exchange.
To have in Anvers so many gross as the Exchange did permit.
Exchange now of LionsBut this custom being now lost by the expulsion of the great Bankers out of this Town in the days of Lewis the Twelfth, it is since reduced to Crowns of the Sun of three Livers, by which imaginary (for so I call it now, as having none to be found of that value and rate) Coin there is now made, and the common and ordinary pieces thereof I will willingly here omit, as having mentioned the same at the end of this Work in the Chapters 277 and 302, and other following, where all the due circumstances of Exchanges and payments of moneys are observed, whereto I refer the Reader.
Fairs of LionsIt is to be noted, That here is observed four Fairs, in which all payments either By Exchange or for Merchandize are made, which run still from three months to three months, wherein for so many days rescounters of payments are made without any Money seen stirring from Man to Man, which is done in a publick place or Burse appointed to this purpose, as I have touched in the Chapter of transferring of Bills of Debts and Specialties in my Factors Adviso: the times and terms of which Fairs are these.
First, the Fair of Easter after the Octaves of Easter.
The second is the Fair of August, being the first Munday after our Ladies day in August.
The third is the Fair of All Saints, the day after All Souls.
The fourth is the Fair of le Roys, the day after Epiphany, and every Fair lasteth fifteen days that are not Holy-days; all business is done in these Fairs, and all Bills of Exchange are made and dated in one day, and two days after they make the rate of the Exchange, which Fairs are counted by their payments.
Terms of the Bills of Exchange in Lions.The terms of their Bills of Exchange hence are these.
From Lions to Florence, Rome, and Venice, about 30 days, little more or less, according as the Merchant maketh the agreement every Fair, but all the aforesaid places for one and the same day.
From Lions to Naples and Valentia, 5 days later than Florence.
From Lions to Anvers as Florence.
From Lions to Spain, that is, to Medina in Villalion, the Fair of All Saints, and of the apparition of Lions, they exchange for the Fair of Villalion of Middle-Lent, and the Fair of Easter of Lions for the Fair of May in Medina del Campo, as you shall see more at large in the days of payment of Bills dated in Lions, in the said place of the Exchanges of this place.
Weights in Lions.They have in Lions three Beams, one used in the Custom-house, which is the King's-Beam, which contains 100 l. the Quintal, and is greater than the second, which is the Town weight by 8 per cent. by which all Goods pay Custom that are ponderous.
The second is the Town-weight, and is 100 l. the cent. the pound thereof containing sixteen ounces per l. upon which all Calculations are made.
The third is only the weight used for Silk and is 100 l. the cent. and the Pound containing fifteen ounces per l. and called The Pound of Mark.
The 100 l. of the Town-weight is it whereby the Observations have been made with other Countreys, and which by trial hath been found to render thus in these places following. [Page 172]
In | London | 96 | l. |
Marselia | 104 | ||
Venetia sot. | 143 | ||
Ditto gross | 89 | ||
Sicilia | 53 | ||
Lisbon | 83 | ||
Florence | 125 | ||
Antwerp | 90 | ||
Sevil | 92 | ||
Dantzick | 109 | ||
Malaga | 28 | R. | |
Rome | 122 | l. | |
Millain | 131 | ||
Paris | 80 | ||
Genoa | 135 | ||
Almeria | 120 | ||
Bruges | 114 | ||
Rochel | 104 | ||
Diep | 94 | ||
Rouen | 92 |
And in Asia have made these.
In | Aleppo | 19 | R. |
Silk R. | 20,9 | ||
Tripoli | 22¼ | ||
Ditto Barbar | 81 | l. | |
Baruti | 18¼ | ||
Alex. Zera. | 43¾ | ||
Ditto Forfor. | 96 | ||
Scios | 86 | Lod. | |
Constantinople | 78 | ||
Rhodes | 17,2 | R. | |
Acria | 15½ | ||
Babylonia | 13⅓ | ||
Balsara | 3,9¼ | M. | |
Ormus | 93¾ | l. |
CHAP. CXXIX. How foreign Measures and Weights are compared with Lions.
I Find a French Merchant to have made these Observations upon the Trade of Lions, which I refer to trial.
Millain with Lions.100 l. in Millain to have made by tryal in Lions 69 l. Silk-weight, the Silk-brace in Mill [...] to render in Lions [...]/9 of an Auln.
The Cloth-brace there to render in Lions 4/7 of an Auln.
And 20 Sols of Millain caculated for 10 Sols Turnois.
Turin with Lions.100 l. in Turin to render in Lions — 77 l. Silk-weight.
The Ras, which is the Measure, to be ½ of an Auln.
The Florin in money calculated for three Sols Turnois.
Genoa with Lions.The 100 l. of Genoa to render in Lions 72 l. Silk-weight; 9 Palms of Genoa making a C [...], 1 Palm 1/24 of an Auln.
The Spanish Pistolet worth in Genoa then 11 l. 12 s. in Lions 7 l. 7 s.
The Crown of Gold in Gold of Italy worth in Genoa 1 l. 5 s.
Florence with Lions.The 100 l. of Florence to be in Lions — 76¼ Silk-weight, 4 Braces being there a Cane, 100 Braces being 49 Aulns Lions.
The Crown of Gold of Florence calculated at 3 l. Turnois.
Lucca with Lions.100 l. of Lucca suttle weight hath rendred in Lioas 72 3/2 l. Silk weight.
100 l. of Lucca of Custom-house weight made — 81 l.
The Pound of which place being composed of 12 ounces.
[Page 173]And 2 Braces of the said place made in Lions 1 Auln.
Bolonia with Lions.100 l. of Bolonia have rendred in Lions 77 l Silk-weight,
The Brace of Bolonia hath rendred 8/23 of an Auln of Lions.
The Liver thereof 20 Sols may be esteemed at 11 s. 3 d. Turnois.
Naples with Lions.100 l. of Naples have made in Lions 68 l. of Silk weight.
8 Palnts make a Cane, and multiply the Palms by 4, to make them quarters, and divide by 17, for 17 quarters is an Auln in Lions, which reduced into London measure is.
The Ducate may be calculated for 48 s. Turnois, which is 4, 10 sterling.
Venetia with Lions.The 100 l. Suttle of Venetia made in Lions 63½ l. Silk-weight.
80 Braces of that place Silk make in Lions 43 Aulns.
The Ducate may be calculated at 50 Sol. Turnois, which is 5 s. sterling.
Mesina with Lions.The 100 l. of Mesina renders at Lions ½ l. of Silk-weight.
The 100 Braces of Mesina give in Lions Aulns.
The ounce of Mesina gives by calculation in Lions.
Bergamo with Lions.The 100 l. of Bergamo is in Lions 68 l. Silk-weight.
The Brace of Bergamo is 5/3 of an Auln, mult. by 5. divid. by 9.
The Liver of Bergamo is 6 s. 6 dr. tur. which is ster. 7½ d.
Mantua with Lions.The 100 l. of Mantua are in Lions 65 l. Silk-weight.
The Brace is 8/25 of an Auln, multiply by 8, and divide by 15.
The Liver of Mantua is in Lions.
Modena with Lions.The 100 l. of Modena are in Lions 77½ l. Silk-weight.
The Braces are the same as in Mantua.
Antwerp with Lions.The 100 l. of Antwerp are in Lions 102 l. Silk-weight.
The Ells of Antwerp is 7/ [...] of an Auln, which is done by taking the ⅓ and [...]/4 of the Sum, and add them, they make Aulns.
The Liver of gross may be calculated at 6 l. tur. 12 s. sterl.
The 100 l. of Suttle have made in Lions — 96½ l. Silk-weight.
London with Lions.The 9 Yards in London make in Lions 7 Aulns, so that the Auln of Lions is 46 inches English.
The Liver or pound of London sterl. is 10 Livers Turnois.
Constantinople with Lions.The Oak of Constantinople makes in Lions l. Silk-weight.
The Pico of Constantinople is 5/9 of an Auln, mult. by 5 div. by 9.
The Piastre of Doller may be calculated at 45 s. tur. 4 s. 6 d. sterling.
Aleppo with Lions.The Rotolo of Aleppo hath rendred in Lions 4½ l. Silk-weight.
The Rotolo of Tripoli in Syria hath made 4 l.
Spain with
Lions. The 100
l. of |
Valencia in Spain hath made in Lions | 73½ | l. Silk-weight. |
Almeria | 117 | ||
Tortosa | 72 | ||
Saragosa | 73½ |
And 130 Vares of Valentia hath made in Lions 100 Aulns.
The weights of divers Cities of
France with
Lions. 100
l. of |
Paris have made in Lions of Town-weight | 116 | l. |
Rouen have made in Lions ditto | 120 | ||
Thoulousa have made in Lions ditto | 96 | ||
Marselia have made in Lions ditto | 94 | ||
Montpelier have made in Lions ditto | 96 | ||
Rochel have made in Lions ditto | 94 | ||
Geneva have made in Lions ditto | 130 | ||
Besanson have made in Lions ditto | 116 | ||
Bourge in Bress make in Lions ditto | 115 | ||
Avignion have made in Lions ditto | 96 |
The Measure of Languedoc is a Cane, divided into 8 Palms, which Cane is 1 ⅔; to reduce Canes into Auins, you must add ⅔, and they make Aulns.
Now for as much as many other places that traffick in Silk, are found to correspond with this Town; it will not be improper I should insert them briefly here, as shewing what the 100 l. of these several places make Silk weight, or as they term it poids de mare in Lions of 15 ounces.
Padua | 100 | l. | gives in Lions | 73 | l. |
Regio | 100 | 78 | |||
Calabria | 100 | 69 | |||
Cosensa | 100 | 70 | |||
Raconis | 100 | 66½ | |||
[Page 174] Bavearre | 100 | gives | 90 | ||
Aleppo Rotol. | gives | 4½ | |||
Tripoli Rotol. | gives | 4 | |||
Ancona | 100 | gives | 73 | ||
Placio | 100 | gives | 72 | ||
Marselia | 100 | gives | 85 | ||
Avignion | 100 | gives | 68 |
Measures of Lions with other places.Note that the 100 l. of Marc or Silk weight in the payment at Lions makes 108 l. of the Town-weight of Lions, the former being fifteen Ounces to a Pound, and the latter being of 16 Ounces to a Pound.
For the Measure of the length at Lions, I find this Observation to have been made, that
The 100 Aulns in Lions makes in | London | 98⅓ | ells. |
Anvers | 163⅝. | ||
Frankford | 204⅝ | ||
Dantzick | 136 | ||
Vienna | 142 | ||
Paris | 93 2/ [...] | ||
Rouen | 85¼ | ||
Lisbon | 98⅓ | ||
Sevil | 132¼ | ||
Madera | 101⅖ | ||
Venetia | 177 | ||
Lucca | 196 | ||
Florence | 200¾ | ||
Millan | 226⅕ | ||
Genoa | 472⅞. | palm. | |
Spain | 135 | Var. | |
Rome | 130 | Braces. | |
Naples | 50 | Canes. |
Which I refer to Trial of the experienced; and thus much shall serve to have said [...] Lions.
Languedoc.The next Province is Languedoc; wherein is found Narbone, Nismes, and Montpelier, three good Cities, and which afford of late days, by the industry of the Inhabitants, some Serges, Says, and some fine Cloth, of this Countrey making; and here also grows that excellent W [...] which takes his name from the Town of Frontiniack: Beveaire.and here also is that small Village Beveaire, having in July a Fair or Mart famous in these parts, and resembled at my there being 1618. our Sturbridge, besides which they have yearly there other Fairs, but of no grea [...] consequence.
Provence.The next Province is Provence, wherein is Arles, in times past the Seat of some Roman Eperours. Brignol, whence our Prunes of Brignol come, known to us by the name Prunels from Brignol, whereas in the Language of this Countrey the g is not pronounced. Aix the Parlement Seat; and lastly, Thollon, the best Haven in France, and most capacious, and Mars [...] famous in Trade for these Countreys, of which a word in passing, and first of Thollon.
CHAP. CXXX. Of Thollon, and the Trade thereof.
Thollon, and the Trade thereof. THollon, enjoying a fair and capacious Haven, and esteemed the best, largest, and safe [...] in the Mediterranean Sea, is seated ten Leagues to the Eastward of Marselia, where [...] the King doth keep a Custom-house for Provence, as having not so much power to settle one i [...] Marselia, by the priviledge or insolency of the Inhabitants, who endeavour still thus to maintain that little liberty they have. It aboundeth only in Oyls, which are hence laden i [...] great abundance, and dispersed into other Countreys, as England, Holland; and some Almonds, which we call Provence Almonds: Some Salt is here laden and brought from the Is [...] of Eres, about three leagues hence, being the proper Merchandize of the King, who ha [...] Factors for the Sale thereof in every City and Town in France. In this place the Moneys are the same as through all France, and the Weights and Measures not much differing from those of Marselia, which I will there more succinctly handle, and only will shew the manner [Page 175]of buying and providing here of Oyls, as I have observed my self here at divers times during my abode in this Town and Countrey.
Provence Oyls how bought and cast up. Oyls of Provence are here and throughout all Provence bought by the Milrowl or Milroe, fourteen of which are accounted to a Tun of Oyl of 252 Gallons, yet if carefully looked unto at the buying, and the same truly measured, 13 ½ Milroes will make the said Tun; the same is sold commonly here by the Florin an Imaginary Coin, and in value 12 Sol Turnois; the Milroe of Oyl is commonly worth 26 to 30 Florins; the Cask of this place cost ordinarily 18 Sold per Milroe, and the Custom outward is 10 Sol per Milroe, and the Custom of the place gives 3 per 100 provision; and 1 per cent. for brokerage thereof. Now to reduce all charges to a constant rate, it hath been observed and found true by my self and others, that if 18 shillings 6 pence sterling be accounted for every Florin, Measures for Oyls.that a Milroe of Oyl shall cost the first penny; so much will the Tun of Oyl stand in clear aboard of all accustomed charges.
But for as much as this Rule holds only in Thollon, I will insert the particulars thereof, how it is found to accord with our Measure and Weight in England, because it is a Staple and most requested Commodity, and the principal Commodity that this Countrey doth afford.
The common measure then is a Scandal, and of which it is found that 4 Scandals make 1 Milroe, every Scandal being 4¼ Gallons English, and 31½ l. Averdupois.
1 Milroe is 17 Gallons English, and is 126 l. English.
2 Milroes is a Charge, which is 34 Gallons, or 252 l. English.
4 Charges makes a Butt, which is ½ a Tun, or 126 Gallons English, and hath been found to make 1008 l. Averdupois.
The Custom hereof is a Crown of 3 l. Tur, upon every 100 Milroes, and every Crown is accounted 5 Florius, or 60 Sols.
For Wine. Wine is here sold by the same Milroe, as above is said.
Almonds are sold by the Cargo of 300 l. Marselia Weight.
For Corn. Corn is sold by the Muyd and Mynots, 24 Mynots make a Muyd, and 1 Muyd is about 8½ quarters English.
Commodities of Provence. Provence doth afford many Commodities for Merchandising, which hence is transported into several Countries; as first Oyl, as above, made and gathered in November and December, shipt for England, Spain, and Italy.
Also great quantity of Wools for Clothing, bought up in May, June, and July, by Milanois, Ginoese, Piedmontois and Montpelerians, which commonly bears 14 in 16 the 100 foul, and being washed and cleansed, there is lost in the cleansing and clearing sometimes the one half thereof.
Also great quantity of Scarlet-grain, and powder of Grain, gathered in the Heaths and Fields by the poor people, and brought by them to the Lords of their Territories, from the month of May to the month of August, and is worth green about 5 in 6 l. tur. per l, but being dried diminisheth at least ⅔ thereof.
Also Almonds are here in great abundance found growing, gathered in September and October, called (as is before noted) Provence Almonds for distinction sake, and are commonly worth from 12 to 15 Crowns the Cargo.
Also here is yellow Wax in good quantity, bought in October and November, worth commonly from 40 to 50 l. per cent.
Also here is Honey bought in November and December, worth commonly about 22 in 23 Cro, the Cantar. besides which, here are many Bed-Coverlets, and Wastcoats made and quilted of Sattin, Taffeta, and Callico, and hence dispersed into several Countries. To conclude, there may be laden in Thollon, Marsclia, and generally throughout all Provence, from 1500 to 2000 Tuns of Oyl yearly, about 400 Quintals of Almonds, about 1800 to 2000 Quintals of Wooll, about 200 Quintals of Honey, and but little Wax, as being for the most part spent in their own Countrey, principally in their Churches.
Customs paid in Provence.The Customs upon all Commodities of the growth of France, pay in the Exportation but a small acknowledgement, but all other Commodities pay 5 per cent. but for Spices and all other Commodities that are brought in from the Levant, there is lately placed thereon throughout all Provence a Custom of ten per cent. and thus much for Thollon.
CHAP. CXXXI. Of Marselia, and the Trade thereof.
Marselia and the Trade thereof.THE principal seat of Trade in Provence is Marselia, famous for the great concourse of Merchants, and for the Commerce that it maintaineth with Turkie, Barbary, Spain, France, Italy, Flanders, and England; it is commodiously situated on the Mediterranean Sea, enjoying an excellent Haven, and a reasonable Road for Shipping of all sorts; it wanteth to make it a perfect course for Exchanges, which here is supplied by the current of Lions, and governed only thereby, to which place each Fair some Partidoes are made, not by the rules of other places, but by the rule of interest from the date of the Bill, to the time of the next succeding Fair there.
It vents from England some Baies, Clothes, Lead and Tin, Pilchars, Herring, white and red, and yearly about 2000 in 3000 Tuns of Newland-fish which the English bring thither, and they also supply it with Muscovia Commodities, as African Hides, above ten thousand pair yearly, Tallow 2000 Quintals, Wax 1000 Quintals, besides other Commodities of England, as Calve-skins, Hides, Salmon, and some fish. It affordeth not any Commodity to be sent abroad, save some Oyls, Wines, Woolls, Almonds, and Verdigreece, and all others are hither imported from other Countries, as such as Alexandria, Aleppo, Acria, Constantinople, Naples, [...] gorn, or the Coasts of Spain do yield; the main support of their Trade is the plenty of Spanish Rials, and the licence here for Exportation, which is the only means whereby the Trade of Turkie is preserved to them; for from hence I have seen 100 thousand Rials of [...]. ship [...] publickly upon a small Vessel of 160 Tuns for Scanderoone, which hath been thence returned in rich Silks, Drugs, and Spices. But of late days their success in Trade hath proved so bad, and their losses by Pirats so great and so many, that the Town and Merchants have lost much of their former splendour and same, their great Vessels are now become small Barks, and the great Merchants of Lions, Paris, Limoges, Taures, and other parts of France, who had here their Factors for to continue this Trade, have recalled them after the sustentation of great losse [...], the payment of great Sums, for the maintenance of their Ambassadour in Constantinople; and especially the late inhansement of their Moneys, which is the ruine and overthrow of all C [...] merce whatsoever.
In this place I resided for some years, and therefore will note briefly what I observed needful to my present subject.
Coins in Marselia.The Moneys current, and the Accounts kept accord in all particulars with Paris, sometim [...] alteration is found in Coins by means of the great Trade, and that because both Italian and Spanish Coins are here current; these become sometimes a Merchandize, and are requested and inhansed according as occasion for Transportation doth require, which is more in Winter that in Summer, by reason of their general voyages made into Turkie, from September to Match, and commonly not after.
Weights in Marselia.The Pound of Marselia is 16 ounces, and 100 l. is the Quintal, 300 l. or three Quintals make with them a Cargo.
The 100 l. in Marselia hath been found to produce in these Cities following:
In London | 88½ | l. |
Venetia sotile | 134 | l. |
Venetia gro. | 84¾ | |
Sicilia | 50 | l. |
Lisbon | 79 | l. |
Florence | 114 | l. |
Anvers | 86 | l. |
Lions | 95 | l. |
Sevil | 88 | l. |
Malaga | 24 | Roves. |
Dantzick | 104 | l. |
Aleppo | 18½ | R. |
Ditto Silk | 19¾ | |
Tripoli | 211 | |
Ditto Barbar. | 762 | |
Baruti | 175 | |
Alex. Zera | 416 | |
Scio | 1110 | |
Constantinople | 745 | |
[Page 185] Acria | 146½. | |
Babylonia | 125½. | M. |
Balsara | 36 |
Weights agreed with other places.These Observations I have found true by my own experience.
Rotolo of Aleppo, gave in Marselia | 5 | l. 6 ounces. |
Rotolo of Damasco gave | 4½ | l. |
Rotolo of Tripoli in Syria | 4½ | l. |
Rotolo of Mantua | 5½ | l. |
Cantaro of Genoa | 118 | l. |
Cantaro of Civita Veccia in Allom | 130 | l. |
Cantaro of Alicant in Barsilia | 133½ | l. |
Rotolos 100 l. Malta in Olives | 200 | l. |
Loderos 100 l. of Constantinople | 135 | l. |
Cantaro of Sardinia in Cheese | 100 | l. |
Cantaro of Zant in Currans | 116 | l. |
Cargo of Valentia in Pepper | 320 | l. |
Cantaro of Argier | 150 | l. |
Rotolo of Cyprus in Cottons | 5¼ | l. |
Cantaro of Valentia in Cochineal | 88 | l. |
Hundred of London, 112 l. gave in Tin | 125 | l. |
And the 120 l. English, Stannery in Tin made | 134 | l. |
These Towns are said to agree with Marselia in their Quintal.
Measures of Marselia.First, Lepanto 100 l. Arches 100 l. Candia Sotile 100 l. Petras 100 l. Rochel 100 l. Tholosa 100 l. Montpelier 100 l. Avignion 100 l. which I refer to trial of him that shall have occasion, because I question the truth of some of them.
The Measures of length is the Cane, which is divided into eight Palms, the Cane making 2⅛ yards English.
Corn is sold by the Mine, the Sack of Pisa and Legorn is found to be 1⅘ Mines of Marselia.
Customs in Marselia.The Customs here out and in are 1½ per cent. but the City by reason of cleansing the Harbour, and some Ships set out against Pyrats, have made the 1½ inwards 3¼ per cent. and only 1¼ out, this is meant of Commodities of the growth of the Countrey; but in Spices brought in, as Pepper, Ginger, Indico, or such as come not out of the Levant, but, as they call it, out of the Ponent, or out of the West-Seas, it pays the King's Custom, which is now about 15 per cent. besides the City's Custom above named; and thus much for Marselia.
Avignion.The next Province is that of Avignion, the principal City thereof called by that name, it is, a fair Town, and seated upon the River of Rhone, but hath no Trade that I could observe though I have often been there; it is subject to the Pope, and he permitting Jews to inhabit here, are found the principal Pedlers, for Merchants I cannot call them. The City is said to have 7 Palaces, 7 Parishes, 7 Monasteries, 7 Nunneries, 7 Inns, and 7 Gates, and other things of note I observe not; and as for Commerce, the Weights and Measures differ not much from Marselia, and the great Custom here paid is some prejudice to Passengers and Merchandise that passeth from Provence to Lions, or from Lions to Marselia
Orange.The next Province is Orange, the capital City here bearing that name, belonging to the Prince of Orange; a strong Town, and sweetly seated near upon the Rhone; here all Protestant Passengers are really welcomed, and Papists narrowly lookt unto, in requital of the contrary courtesie practised at Avignion, not above six leagues off.
Picardy.The next is Picardy, wherein I find Amiens and Abbeville for fair Towns, but of little or no Traffick: Calais. Calais also the In-let of France is strong, but hath sent away its Trading with the Staple, which by the English was planted and continued here for 200 years; whilst it was in possession of the English, the French Kings were accustomed to have the same put daily into their remembrance till it was regained; and were it not, that the Merchant Adventurers make mention thereof, in their Oath taken at the entrance into that Brotherhood, it is almost forgot that ever it was English; which I the rather mention here, that some noble English heart would daily put our Sovereign in mind thereof till it return again to be English; in the mean time a word of the Trade thereof.
CHAP. CXXXII. Of Calais, and the Trade thereof.
Calais and the Trade thereof CAlais formerly was the great Staple for the Woolls of England, and settled here A [...] 1347. by Edward the Third, to make good his Conquest after eleven months siege, b [...] afterward it was hence removed, and this place lost by Queen Mary, Anno 1557. after 20 [...] years possession of the English, and was by our then Kings of England ever called the Key th [...] gave their Armies entrance into France; the place is not now of any great noted Traffick, though it and Bullen be accounted the best Maritime Ports in Picardy, opposite to Dover, from whence this is seven leagues distant.
The Coins here current are those in general of France.
Weights of Calais.The Weights here in use are three.
First is the Weights proper of the Town, the 100 l. whereof is in London about 92 l.
The second is called the Merchants Weight, the 100 l. whereof make in London 113 l. and the 100 suttle of London is here 88 l.
The third is called the English Wooll hundred, or Staple hundred, 100 l. whereof is in London about 89 l. or 90 l. about 3 per cent. different from the Town-weight.
The Measures used here is the Auln, and makes in London ( [...]) inches.
Champaign.The next is Champaign, wherein is Rhemes the principal City, where the Kings of France are anointed, and where there is a College for the entertainment of the English Fugitives, Jesuits I mean.
Burgundy.The next is Burgundy, famous for Dijon, which is notable through France for good Mustard, a note worthy our Tukesbury.
Bress.The next is Bress, Chastilion being the principal City, and the last that I shall handle appe [...] taining to the King of France, or under his Government.
Besanson.The next in order according to my Method is the Franche Comte, the principal City thereof is Besanson, which in time past strove for precedency of Trade with Lions, but being an Inland Town she hath lost that honour, the Inhabitants of this Countrey bringing home great and more honourable Titles, as famoused abroad for good Soldiers, known by the name of Walloons, and now is under the command of Spain. The Exchanges of Placentia was once here seated from Cambray, but the Merchants being not well used, returned to Placentia.
100 l. Besanson is 112 l. English.
Lorain.The next is Lorain, the principal City is Nants, yielding plenty of Corn and Wine, store of fresh-water Fish and Salt, and famous in that it was the Dukedom of Godfrey, Surnamed of Bulloign, which won Jerusalem from the Saracens, and was the first Christian Crowned Kitz of that Kingdom: And now to Savoy, as partaking with the French in the Trade as well as in their Garb.
CHAP. CXXXIII. Of Savoy, and the Provinces thereof.
Savoy, and the Cities thereof.THE Dukedom of Savoy comprehends only this Dutchy and the Principality of Piedmont; in the former is Cambray, the residency of the Duke, when he is in these parts: in the latter is Nisa and Villa-Franca, two Sea-Ports, but not capacious nor safe for Ships of burthen; next Aste, a great Mart for all Italian Commodities: and lastly, Turin, the principal City where the Duke of Savoy holds his Court and Residence; and because in these latter years of War between England and France, our English Factors from Marselia fled hither for succour, entertainment and protection, which they bountifully had of the late Duke; I must not pass over the Trade thereof without remembrance, nor be unmindful of that bounteous welcome they found at his Highness hands.
CHAP. CXXXIV. Of Turin, and the Trade thereof.
Turin and the Trade thereof. TUrin being the capital City of Piedmont, having Nisa, and Villa-Franca for Sea-ports, hath had many furtherances to make it a great City of Traffick: for the Duke at several times, but lastly at the coming of the English hither from Marselia, made a Cavidal, or stock for Trade of 300000 Crowns, wherein he caused many of his Nobles to enter and become Partners, but when the Stock was made, and published in England and in other Countries, this Dukedom was not found to give vent to any Commodities of consequence, some Fish and Calve-skins excepted, wherewith to invest the said Stock: notwithstanding he gave commandment that the English should be kindly entertained both at Nisa and Villa-Franca, and appointed certain Lodgings and Ware-houses for them and their Wares; but Peace ensuing shortly after with France, the Factors again returned to Marselia with due acknowledgment of their Royal entertainment: the main obstacle in Trade here being the too near neighbourhood of Genoa the rich, and of Legorn the free, which neither of the two Towns formerly mentioned can equalize.
Coins of Savoy.The Moneys commonly current in Savoy are the Moneys of Italy and France, as neighbouring, and the Florin of the Countrey, accounted three Sold. Turnois, which is 3½ d. English.
Their 100 l. makes in London about 82 l. and 77 l. in Lions, and in Venetia gross 66. in 67 l. in Florence or Pisa 135 l.
Accounts in Savoy.Their Accounts are kept in Livers Sold. and Deniers, as in France; but in Nisa they account by Florins and Grosses, a Crown of Sold. of France is 4 flor. 2 gross.
Their Measure is a Ras both of Cloth and Silk, which is half an Auln of Lions, and 23 inches English by the Rule.
This Country affordeth for Merchandize, Rice and Corn, in abundance, and some Silk wrought here, and some other Commodities, but of no great consequence, nor worthy mentioning; therefore I will forbear to treat further of this Dukedom, and end my French Commerce.
Weights of France reduced to London 100 l.Before I leave France, and therewith Savoy, who do in all things partake with the Garb and manner of the French, and till I enter into Italy, having thus surveyed some particular Towns of eminency therein; It will be worthy notice to collect the Weights and Measures of such as we have omitted, and so view the general Trade of France; which I will begin in the Weights, and reduce the same to the 100 l. suttle of London, which is observed.
The 100 l. of London hath made in | Paris | by Kings-beam | 89 | l. |
Diep | 91 | |||
Burgoin | 91 | |||
Roan | by Vicount | 88 | ||
by ordinary weight | 92 | |||
weighed by the same and account 4 l. per cent. over. | ||||
Avignion | 312 | l. | ||
Calais | 107 | |||
by Merchants weight | 88 | |||
English Wooll weight | 110 | |||
Marselia | 112 | |||
Aquimort | 98 | |||
Mirabel | 98 | |||
Abbeville | 91 | |||
Bourdeaux | 91 | |||
Lions | by ordinary weight | 107 | ||
by Silk-weight | 98 | |||
by Customers weight | 90 | |||
Tholouse | 112 | |||
Montpelier | 112 | |||
Rochel | 112 | |||
Ditto | by small weight | 115 | ||
Genoa | 98 | |||
by great weight | 82 | |||
S. Anthony | 123 | |||
Calsada | 98 |
[Page 188]For further instruction, here I may refer the ingenious to the large Work of Monsieur Sav [...] na, who hath comprized all the Trading of France into a Volume of too great a bu [...]k for me to peruse it more accurately.
Measures of France reduced to the 100 yards of London.In like manner, to abbreviate my labour, you will see that the 100 Yards of London make in these Towns following;
In | Rouen | 77½ | Aulns. |
Avignion | 80 | ||
Orleans | 48 | Canes. | |
Marselia Silk | 48 | ||
Ditto for woollen | 44¼ | ||
Paris, Rochel | 78 | Aulns. | |
Lions for Linnen | 80 | ||
Ditto for Silk | 115 | Aulns. | |
Provence | 48 | Canes. | |
Geneva | 80 | Stabs. | |
Nants, Abbeville | 110 | Aulns. |
And so for the most part the same are found through all France, the abovesaid places only excepted.
CHAP. CXXXV. Of the Trade in general of France.
The general Trade of France.FRom the particular Trade of the Cities of France, let us view the Trade in general of this Kingdom, and we shall not find it of any great consequence, for here it is found that the Gentlemen do not meddle with Traffick because they think such Traffick, ignoble and base, and so unfit for them; which error the French no less dearly buy than do some English, to which Kingdom of late days they have in some sort blowed over that opinion, though some of the better judgments of England are reformed in that point, and find it a most worthy, Excellent and profitable Calling: but as the French are found to neglect Merchandizing, so a [...] they less studious in their Navigations than their neighbours, either Spaniards, Dutch, or English; which I imagine proceeds not out of a desire to attempt, or courage to perform, but because they abound with all things both for plentiful food, and rich attire; and if they want any thing, strangers gladly bring it to them, allured by four principal Commodities which do much enrich the Inhabitants, which is Wines, Linnens, Salt, and Corn, being the prime Commodities of that Kingdom; yet it is found that the Marselians Trade and Navigate in Egypt, Aleppo, and Constantinople, and the Normans and Britains, into England, Spain, Ireland, and Netherland: in time of Wars they have also some small Vessels at Sea, more fit for piracy and theft than for any great War of moment; and their success hath been so ill in their Colonies in America, that it hath quite disheartned them from seconding their attempts.
Three Cities here carry the greatest fame in Trade, Marselia, for the Levant, Rouen for the English Channel, and Rochel for he Ocean, this last subsisting by the growth of their White and Claret Wines of Bourdeaux: Roan by their petty manufactures of Cards, Pins, Combs, Paper, and Canvas: and Marselia by the Trade of Turky, wherein are found Factors that do imploy the Estates of many Merchants resident within Lions, and other inland Towns of France, which gives life to most of their Traffick and Navigation in these parts. Now it is to be observed, that England brings them Newland fish, Herrings, Pilchers, Lead, Tin, Cloths, Kersies, Cottons, or F [...] zes; and have in return Wines from Bourdeaux, Oils, and Almonds, from Marselia, and Pepper, Canvas, Buckrams, from Rouen and Locrams from Morlais; the East Countrey and Holland brings them Cordage, Tar, Pitch, Rosin, Masts, and Fir-Timber, and returns Wines from Bourdeaux, and Paper, Canvas from Rouen, and Salt from Eres: Spain brings them fome Spices, and they return them Corn, and Linnens: Italy brings them some Silk fabricks, &c. and they return them Oils, Cloth, Linnen, and the like: Turky affords them Cotton Wooll, Raw Silk, Cotton Yarn, Hides, Sheep woolls, &c. and they send thither Rials of Plate, Woollen Cloth, and little else; and this is the gross of the present Trade of France.
CHAP. CXXXVI. Of Geneva, and the Trade thereof.
Geneva and the Trade thereof. GEneva being a fair City, and wholly in possession of Protestants, is a Nursery of Learning, and withal no stepdame to Trade: It is seated commodiously, to that end upon the River Rhme, which within 16 leagues after saluteth the Walls of Lions, and serveth out of Switzerland to convey many sorts of Merchandize to it, and to transport the same thence to Lions, Valence, Avignion, Arles, to Provence, and Languedoc.
Coins in Geneva and accounts.Their Moneys are as in France, and keep their Accounts in Livers Sold. and Deniers Turnois, and here also is current the Coins of the United Cantons of Switzers, and the Coins of Savoy.
Weights of Geneva.The 100 l. here renders in London 107 l. and by some is found to agree with the gross of Venice, and making of Venice sotile 158⅔ l. incirca.
Measures of Geneva.The Stab renders in London ( [...]) and 60 Ells here hath been found to make in Venetia 100 braces Cloth-measure, and 106 braces Silk-measure.
But it is time that I should forsake these petty Provinces and Travel over the Alps, and come into Italy, which is my next Task.
CHAP. CXXXVII. Of Italy, and the Provinces thereof.
Italy and the Provinces thereof. ITaly is girded round with the Ionian, Tyrrhenian, and Adriatick Seas, except it be toward France and Germany, from which it is parted by the Alps.
The Countrey in general for Merchandizing yields Rice, Silks, Velvets, Sattins, Taffeties, Grograms, Rashes, Bustians, Armour, Allom, Glasses of all sorts, as I shall mention in the particular Kingdoms and Provinces thereof.
Italy hath ever afforded eminent and ingenious Merchants, yet such as merit not really in all things that Title, because that their Trade consisteth more in Exchanges, which is a branch of Merchandizing, than in Adventures, which is the principal point which gives the Title to all Bargainers, it being a common speech, though unmerchant-like, yea unchristian-like among them, That they are loth to trust God with their Estates at Sea, when they may have the same safe on shore; as if then it were out of his reach or Protection.
Italy is now divided into 10 Provinces, which afford many principal Cities of Trade, which following my intended Method, I will handle in order.
- 1. The Kingdom of Naples.
- 2. The Papacy.
- 3. The Common-wealth of Venetia.
- 4. The Dukedom of Florence.
- 5. The Dukedom of Milan.
- 6. The Dukedom of Mantua.
- 7. The Dukedom of Urbin.
- 8. The Principality of Parma.
- 9. The State of Genoa.
- 10. The State of Lucca.
In each of which are found many notable Towns of Traffick, which as belonging unto several Princes, will require a more particular Survey, than if otherwise it were commanded by one sole Soveraign; and first of the Kingdom of Naples.
CHAP. CXXXVIII. Of Naples and the Cities thereof.
Naples and the commodities thereof.THe Kingdom of Naples is accounted the richest of Italy, abounding in several Commodities for Merchandizing, as in Mines of divers Metals, in choice and rich Wines, in Saffron, Silks, raw and wrought, in Oils, Brimstone, Anniseeds, Argals, &c. Here I have seen one field yielding at one and the same time three several crops, the ground bearing Corn, having Mulberry [Page 190]trees intermixed, and Vines planted at the foot of each Mulberry, which have made excellent Wines, and this I have observed for twenty miles riding together on each ha [...]d of the way, which must needs be pleasant to the beholders, and profitable to the enjoye [...] and owners.
The Kingdom of Naples is divided into sundry Provinces, which I will only nominate: as first,
Terra di Lavoro. Terra di Lavoro, wherein is found Capua, whose pleasures did effeminate Hannibal, C [...], where one of the Sybills resided, near which is Lacus Avernus, the stink whereof killed Birds as they flie over it, Baca, Nola and Puteilo; famous in times past for many Antiquite and Baths, which in Anno 1619. I curiously visited for divers days, in search of shado [...] Staio of Gaeta is 43 l. of that weight.The next principal Town is Gaeta, well fortified by the Spaniards, and where Buth [...] that ransacked Rome lieth interred; but the principle of this Kingdom is Naples, of which,
CHAP. CXXXIX. Of Naples, and the Trade thereof.
Naples and the Trade thereof. NAPLES the Metropolis of this Kingdom, once called Parthenope, and now Neapolis, fortified with fo [...] strong Castles in possession of the Spaniards, Castle Capedna, Castle Ermo, Castle Ov [...], a [...] Castle Novo. It venteth out of England, Baies, Saies, Serges, Fustians, Lead, Tin, Pilchu [...] Newland-fish, red and white Herring, some Cloth and other Commodities; it consisteth m [...] of Gentry, few eminent Merchants Natives are here found; the Taxes laid upon Merch [...] dises being so great, that it ruines all Commerce, yet what I observed here in Anno 1619. I shal [...] relate.
Coins of Naples.The current Coins of Naples where then,
A Ducate of Gold large is worth in Naples 11½ Carlins.
A Ducate of Carlins is worth only ten Carlins, so that 100 Ducates of Gold, are worth [...] Ducates of Carlins.
One Ounce is worth six Ducates.
A Ducate of Carlins is worth five Tarries.
A Tarrie is worth 20 grains
A Carlin is worth 10 grains.
Account keeping.Their accounts are kept in Naples by Ducates, Tarries and Grains, five Tarries making a Ducate, and twenty Grains a Tarrie; but these are accounted Ducates current, every 110 Duc [...] current, make 100 Ducates of Gold.
Weights of Naples.The Weights of Naples are the Cantar and the 100. Their Cantar of Naples is 100 R [...] tolos, which is 2 l. 9⅔ ounces Naples, and by which they weigh all their gross goods, which is in Florence 32 ounces, and 285 l. and is 196 l. Averdupois. But the 100 l. hath been obse [...] to produce.
in Florence | 90 | l. |
in Rome | 93 | l. |
in London | 71 | l. |
in Lions | 68 | l. |
in Venetia | 106 | l. |
Ditto gross | 82 | l. |
1. l. suttle is in Venice suttle | 15¼ | ounces. |
1. l. suttle is in Venice gross. | 9 | ounces. 58 |
Note, That in Gaeta is used another Quintar for some Commodities gross goods, which hath been found to render in Legorn 254 l. and in Naples all gross goods are weighed by the great Cantar, and all fine goods by the hundred.
Measures in Naples.Their Measure is a Cone divided into 8 Palms, which is in Florence after the opinion of some 3⅜ Braces just, and it hath been observed in the measure of these two places, That 46 Braces of Sattin made at Naples: 12¼ Canes, so that in Stuffs the Cane of Florence, makes in Naples 8 [...]/32 Palms, and consequently Braces 48⅔ made in Naples 13 Canes 3 Palms.
Nine Palms of Naples are in Lions just two Aulns, so that of the Cane makes English 81½ inches by rule, which is somewhat more then 2¾ yards English, without the inch, and some have sound it to be 2½ yards: 12 Canes in Naples have made in Lions 21 Aulns, so that 1¾ Aulns have made a Cane in Naples.
[Page 191] Corn, &c.Many Commodities are sold by the Salmo, and 16 Tomolos is a Salmo, which Tomolo is two Statios of Florence, and in England ( [...]) Gallons.
Oyl. Oyl in Calabria is sold by the Migliot, which is 132 ounces or 11 l. and it requires 2¾ Migliots to make a Staio of Naples.
Note, that four Salmo in Oyl in Naples have made 40 Staios, which are in Venice 40 Mars, which are in England ( [...]) Gallons.
But Naples is more famous amongst Bankers for Exchanges, than amongst Merchants for any eminent Trade, therefore it is needful I annex the Exchanges thereof, according to the custom practised in this place, which you shall find in the 284 and 343 Chapters at large, with all circumstances thereunto belonging.
Customs of Naples.The Customs of this Kingdom do differ upon several Commodities, as some pay 2½, some 4½ per cent. and some more and some less, according to the will of the Vice-King here, commanding for the King of Spain, which by the Merchants is more precisely to be learned.
Abruzzo.The next Province is Abdruzzo, wherein is Salerne, famous for Physick here taught; next Rhegium, opposite to Messina, and in that Vare; Tarento.the next Tarento, where grow great quantities of Olives, and whereof Oyl in abundance is made.
Otranto.The next is the Province of Otranto, wherein is found Brandusie, the most famous Havens in these Seas Otranto and Gallipoli, affording great abundance of Oyls and Cattel; which last pay for Tribute to the Spaniards 100 thousand Ducates yearly; and for the Oyls they are known to us by the name of Apulia Oyls, being the last Province comprised in this Countrey, and the former Cities standing in Calabria, it will not be amiss to insert two or three words of the Trade thereof.
CHAP. CXL. Of Calabria and the Trade thereof.
Calabria, and the Trade thereof.IN Calabria is seated Tarento, Brandusie, and Rhegium, which abounding in Oyls and Cattel, especially Oyls, which many English Ships do lade in these parts yearly, I will note what I observed therein.
Coins of Calabria.Their Moneys are the same as in Naples, and current throughout the Kingdom.
Weights of Calabria.Their Weight is the Quintal of 100 l. which hath made
In | Venetia sot. | 106 | l. |
Venetia gro. | 82 | ||
London | 73 |
100 l. in Calabria hath made in Venetia sot l. 12¾ ounces.
The Cantar of Naples is also sometimes used for gross Goods, and is found to be in Venice gross 186 l. and observed to have made in London, 196 l.
Measures of Calabria.Their Measures of length is a Cane divided into 8 Palms, and hath made cloth-measure in Venice 3 Bra. and in London ( [...]) Inches.
Of Oyl. Millioto, of Oyl here is 132 ounces, which is 11 l. abovesaid, and it wanteth 2¾ l. of making a Staio in Naples
The But of Oyl in Calabria is 5500 Rot. which makes in Naples 43 in 44 Sta. which is about 25 Caf. and thus much shall serve for Calabria; a word for Apulia.
CHAP. CXLI. Of Apulia, and the Trade thereof.
Apulid, and the Trade thereof. APulia, comprehending some of the aforesaid Cities, also Lechi, Barri, and Manfredonia the principel, abounding in Corn, Oyl, Almonds, Olives, Galls, Wines, and other Commodities are sold thus.
Measures of Corn. Corn is sold by the Tomolo, which is two Staios of Florence, a Cargo of Corn being 36 Tomolos makes in Flor. 72 Sta. and English ( [...]) Gallons
Barley is also sold by the Tomolo, but of a lesser size, as containing 1½ Staio, a Cargo making also 36 Tomolos, which reduced to Florence measure is 48 Staios, and is English ( [...]) Gallons.
[Page 192] Their Tomolo of Wheat is 36 Rotolos, which are 2 l. 9½ ou. per Rotolo of Naples; which Tomolo comes to be in Flor. 100 l. 6 ou.
But the Tomolo of Barley is 48 Rotolos, which is ⅓ more than that of Wheat, the Cargo makeing 3 Moyas of Florence.
Of Almonds. Almonds are sometimes sold by the Cantaro, and commonly worth here 26 Taries the Contar, and sometimes by the Tomolo; and of the Abrogino Almonds there goes 20 Tomolos to a Cantar, and of the common sort of Almonds 22 Tomolos.
Of Oyl.A But of Oyl or Wine of Apulia holds here 12 Barrels, which have been found to make in Florence 10 Barrels, and is in England ( [...]) Gallons.
Oyls in Apulia are sold by the 1000 l. which commonly cost about 20 Tar. and yet sometimes found to be measured by the Salmo, accounted for 10 Staios, each Staio weighing 18 R [...] tolos, so that this way the Salmo of Oyl comes to be 180 Rotolos, which reckoned in Florence, at 2 l. [...]ou. per Rotolo, makes Florence weight 465 l. and English ( [...]) Pounds, commonly worth from 18 to 22 Tares a Measure, which comes to produce about 5¼ or 5½ Barrels in Florence.
This Staio of Oyl weighs 49 l of the weight of Apulia.
Galls are here sold by the Cantaro, and is 196 l. of Averdupois.
Of Olives. Olives are sold by the Tomolo, about 5 Carl. a Tomolo, in the time of gathering, which is in June and July, which are put in Sacks of 6 or 6½ Tomolos, and each Tomolo of Olive weighs about 16 Rotolos.
Of Wine.A Salmo of Wine is accounted to make 3½ Barr. of Florence, and is commonly worth to Carlins a Salmo, and held to be incirca 14 ser. of Venice measure.
A Car. or Cargo of Corn of Apulia, hath been observed to make 34½ Fanegs in Calais, and in Lisbon 145 Alquiers of Tomolos, 36 of Naples per Car. and 57 Chilos of Constantinople.
But I have staid too long here, I will pass to the next Principality, which is the Papacy.
CHAP. CXLII. Of the Papacy, and the Cities of Trade therein
Papacy, and the Trade thereofTHE Papacy contains four Provinces: First Romandiola; Secondly, Marca Anconitana; Thirdly, Ducato Spoletano; and fourthly, St. Peter's Patrimony. And first then in R [...] mandiola, are many principal Cities, and great Towns, of which the first is Bollonia the chief University of Italy; Ferrara, famous for the Iron Mines about it, and within whose jurisdiction stands Modena and Rhegium, two fair Cities; and last, Ravenna, once beautified with a fair Haven, now choaked by Age and Rubbish: Of the Trade of these a word and in order.
CHAP. CXLIII. Of Bollonia, and the Trade thereof.
Bollonia, and the Trade thereof. BOllonia, under the command of the Pope, is an University much frequented by Students of the Civil Law; it is seated within Land, and is well known in matters of Exchanges, as I shall shew in due place, and hath those Moneys current that acknowledge the Pop [...]'s Stamp, as I shall declare in Rome.
Accounts in Bollonia.Their Accounts are kept in Livers Sold. and Deniers, 12 Deniers to a Sol, and 20 Sols to a Liver, the Liver may be accounted to be incirca 13½ d. Sterling Money, and some are found to keep their Accounts in Duccatons, Sols, and Deniers, cast up by 12 and by 20 as above is said.
Weights of Bollonia.Their Weights common in use are these.
Their Quintal is 100 l. which makes
In | London | 80 | l. |
Rome | 100 | ||
Milan | 106 | ||
Florence | 104 | ||
Genoa | 133 | ||
Lions | 77 | ||
Venetia sot | 120 | ||
Venetia gr. | 75 |
[Page 193]1000 l. in Bollonia have given in Venetia suttle 1320 l. gross 750 l. so that the 1 l. hath rendred their gross 9 Ounces, suttle 14 Ounces 2½ Sach.
Measures in Bollonia.The Measure is a Brace, and is found to be about 25 inches English, 100 Braces here have made in Venetia Cloth-measure 96 Braces, and of Silk 90 Braces.
Corn. Corn is here sold by the Corbe, 100 whereof makes 92 Staios in Venetia, and 100 Corbes in Wine make Amfora Venetiana 12 and 2 Quarters, and in dry Measures 17 Quarters, and in London ( [...]) Gallons.
Commodities of Bollonia.From hence are accustomed to come to other parts, Corn, Almonds, Oyls, raw Silks, and sundry sorts of wrought Satins, Taffetaes, and other, called hence Bollonia Silk, and of Bollonia making; and to conclude this place, here are found many eminent Exchanges, the course of which Exchanging, you shall find in the general Exchanges here practised, vide Chapter 296.
CHAP. CXLIV. Of Ferrara, and the Trade thereof.
Ferrara, and the Trade thereof. FErrara is the next principal City of Trade in this Circuit, famous for the Iron mines about it, seated on the Banks of the River Po, and accounted one of the pleasantest Cities in Italy; for in the midst thereof is a fair Green, into which open about twenty Streets, of half a Mile in length, and so even and uniform, that thence the utmost ends thereof may be discerned; it affordeth Wines, Oyls, Olives, Iron, Steel, and some Manufactures of Silk.
The Monies are as at Rome, to which this City appertaineth, admitting but of very little difference in the Rates current thereof.
Weights of Ferrara.The Quintal of Ferrara is 100 l. which makes Venetia sot. 112½ l. and Venetia gr. 72 l. in London incirca 75 l. Averdupois, and the 100 l. sutt. Venice makes here 87 l. and the 100 l. gr. 138 l.
Measures of Ferrara.The Measure is a Brace, 100 Braces makes in London 72 yards.
Their Wine Measure is a Mastello, 11 whereof make an Amfora of Venetia, and is in England ( [...]) vide London.
Their Corn Measure is a Stare, 100 Stares makes in Venetia 37 Star. and so much shall serve for Ferrara and the Trade thereof.
CHAP. CXLV. Of Modena, and the Trade thereof.
Modena. MOdena is the next City seated in this Tract, yielding many Fabricks of Silks, which it disperseth to its neighbouring Towns.
Accounts in Modena.Their Accounts are kept in Livres, Sold, Deniers, 12 Deniers to a Sold, and 20 Sol to a Livre.
Weights in Modena.Their Quintal is 100 l. which renders
In | Lions | 77 | l. |
London | 72 | l. | |
Venetia sotile | 109 | l. | |
Venetia gross | 72 | l. | |
Florence | 98 | l. |
Measures in Modena.The Measure is the Brace, the same as in Mantua, and 1 per Cent. longer than the Brace of Ferr [...]ra, and by observation it hath been found that the 100 Braces of Modena have made 118 in Florence. Corn is here sold by the Staro, 100 whereof makes 93 or 94 Stares in Venetia, and one Staio of Modena hath made 2½ Staios in Florence, and hath made in Venice three Quarts, and six Quarterols.
CHAP. CXLVI. Of Rimno, and the Trade thereof.
Rimno, and the Trade thereof. RImno, anciently Ariminum, seated on the Mouth of the River Rubicon, affords much Silk, which it partly sends abroad, and partly converts here into Stuffs, also some Wines, Oyls, Corn: The Coins current as in Rome, as being subject to the Papacy, and the Accounts are kept in their same denomination.
Weights.The Quintal is the 100 l. which makes in London 81 l. and some have made Experience, that it makes in Venice gross 76.
Measures.Their Measure is the Brace, and is in London 27 inches bare.
Their Corn Measure is a Stare, 100 making 210 in Venetia, and their Wine Measure is a Some, which makes in London 10 Gallons.
CHAP. CXLVII. Of Ravenna, and the Trade thereof.
Ravenna, and the Trade thereof. RAvenna is seated on the Adriatick Sea, and once beautified with one of the fairest Hav [...] in the World, where Augustus Caesar always kept a Navy man'd, to defend these parts of the Empire, now choaked up with mud and rubbish: The Neighbourhood of Venetia, which Senators have as well followed Mercury by Merchandizing, as Mars by Arms, keeps this City from any notable Commerce, yet I will note what I have observed hereupon both in matter of Weights and Measures.
Weights of Ravenna.The Quintal of Ravenna is 100 l. which gives Venetia sotile 118 l. in London 78 l. and the gross 100 l. of Venetia, made here 133 l.
Measures of Ravenna.The Measure is a Brace, 100 Braces of Cloth in Venice, is here 112, 100 Braces of Silk in Venice is here 106.
Corn is sold by the Stare, 100 whereof makes in Venice 66⅔ Staio, so that 3 Staros Rave [...] have made the two Staios of Venetia; and these are the chief Cities of Romandiola.
Loretto.The next Province is Marco Anconitana, wherein is famous, first Loretto, for the Pilmmage to our Lady Church, brought hither, if you will believe it, through the Air from Palest [...] whereunto, a great Trade is driven by the superstitious Papists; next is Adria, which gave name to those Seas; next Recanti and Ancona, two fair Cities, and of great Concourse of Merchant of which first.
CHAP. CXLVIII. Of Recanti, and the Trade thereof.
Recanti in Istria. REcanti, olim Aelia Recina, as some Authors alledge, is a fair City, affording Corn, Oyl, and some Silk for Merchandise.
Weights.The Weights thereof being 100 l. gives in London 75 l.
And in Florence | 96½ | l. |
In Venetia sotile | 112 | l. |
In Venetia gross | 72 | l. |
Measures.Their Measure is a Brace, 94 whereof make Venetia Brace 100 l. Oyl is sold here by the Miare, which is the same as that in Venetia.
CHAP. CXLIX. Of Ancona, and the Trade thereof.
Ancona, and the Trade thereof. ANcona is a fair City, seated on the Hill Cinerius, which shooteth into the Adriatick Sea, like a Promontory, having a commodious Haven built by Trajanus the Emperor, it is fruitful as the rest of this Country, affording principally, Corns, Wines and Oyls.
Weights.The Quintal of Ancona is 100 l. and makes in London — 78 l.
In Venetia gross | 73 | l. |
In Venetia sotile | 116 | l. |
In Florence | 98 | l. |
[Page 195] Measures of Ancona.Their Measure here is a Brace, 106 whereof have made in Venice 100 Braces, 10 Cones of Cloth in Florence have made here 37½ Braces.
Corn is here sold by the Staro, 6½ have made a sum in Florence.
Spoleto.The next Province is the Dutchy of Spoleto, the principal City bearing the Name of Spalata, whereof is not any thing in Merchandizing worthy the note that I find; and their Weights and Measures do in all points agree with Venetia.
Civitaveccia.The last part of this Country is Saint Peter's Patrimony, wherein are principal Cities of Commerce, Civitaveccia, which hath a pretty Harbour, and near which the Allum is made, which we call Romish or Roche, and here the Pope doth for Trade sake, allow a Gentleman the Title of Causul for the English Nation, to see that the Mariners, who are apt enough to give Offence, be not wronged or abused, at whose hands in Anno 1619. going thence as a Merchant to Rome, I sound all Courtesies and Friendship, and passing through Pollidor, a pretty Town in the Christmas Hely-days, I came to Rome, where what I did observe in matter of Trade, besides the Devotion of the season and time, I shall in the next Chapter declare.
CHAP. CL. Of Rome, and the Trade thereof.
Rome, and the Trade thereof.THis City in her antient Splendor, was fifty Miles in circuit, and had 750 Towers, that beautified her Walls, and inhabited by 463000 Families, but now the compass exceeds not ten Miles, and a third part thereof is also waste Ground, and hath two third parts of the Inhabitants Clergy men and Courtesans, which latter are here accounted to be 40000, and pay 30000 Ducats, yearly Tribute, which doth maintain Civitaveccia two Gallies furnished, known by the Names of the Saburrahs, as the place of their abode in Rome; but leaving this private Trade to the Virgin Friers, I come to the publick Commerce of this City, which according to my observation is following.
Rome and the Territory thereof affordeth for Merchandize, Corn, Wine, Oyl, Silk, Gloves, Allum, Lute-strings, Kid-skins, and some Fabricks made of Silk: And from England, it receiveth Lead, Tin, Bays Says, Stuffs, Pilchards, Herrings white and red, Newland fish, Calves-skins, Salt, Salmon, Tallow, Wax, &c. which are landed at Civitaveccia and thence transported by Boats and Birks to Rome, along the so much famoused River of Tiber, which passeth through the same.
Coins in Rome.The Coins of all Italy pass here current, but the principal of this Country that are current is the Ducat, or as they call it, the Crown of Gold, which is worth 11 Julios or Paulos.
The Crown of Silver is worth 10 Julios or Paulos, which is 100 Baioches, or 400 Quatrins.
The Julio is worth 10 Baioches or 40 Quatrins.
The Baioche is worth 10 Quatrins, or 1 Sold. 4 Den. small Money of Rome.
Accounts in Rome.Their Accounts are kept in Crowns, Julios, Baioches and Quatrins as above, and sorne in Ducats of Camera or Destampe, of which 97, 11, 3. make 100 of Gold.
Weights in Rome.Their Quintal in Rome is 100, and makes in London — 80 l. and with other Countries is found to be in Venetia sotile — 119 l.
In | Naples | 106 | l. |
Venetia gross | 75 | l. | |
Florence | 102 | l. | |
Genoa | 110 | l. |
But note, that of these Quintars of 100 l. is framed two different Weights, with allowances given thereupon, as in sale of Spices and such like.
The Quintar thereof is accounted to be of the abovesaid Weight 160 l. And the second for the Weight of gross Goods accounted to be 250 l. to the Quintar, which is to be observed in the sale of a Commodity, and therefore the Commodity and the Weight whereby it is sold is to be observed.
Measures in Rome.They use also two Measures in length, the one for Linnen and Woollen, called the Cane, divided into 8 Palms, and 30 Canes is 100 Braces, Venetia; the other which they call the Brace, which is 3⅓ Palms of the said Cane, which Brace renders in Flerence 1½ Brace, the first making in London ( [...]) inches, and the latter ( [...]) inches.
Corn is sold by a Measure, called the Rugio, which renders in Genoa 1⅞ Mins, and in Florence 8¼ St [...]ios, and is 412 l. of Rome, and is in England ( [...]) gallons.
But by reason of the great occasion that Clergy-men from most parts of Europe have to use Money in this City, the Exchanges thereof are most worthy observation, therefore I have handled the same in the 278 and 326 Chapters, with all circumstances thereunto belonging, to which I refer you.
[Page 196]From Rome I will take my way to Venetia, and to that Republick, and see what is there more worthy in matters of Commerce.
CHAP. CLI. Of the Commonwealth of Venetia, and the Cities of Trade therein.
Venetia, and the Trade thereof.THE Commonwealth of Venetia, containeth these Provinces, La Marca Trevigiana, Fri [...] Histria, part of Dalmatia, and the Islands of Candy, Corfu, Cephalonia, Ithaca, Z [...], Lucaia, Cythera, &c. In which I find these principal Cities of Trade, first Treviso, next Pal [...] a famous University for Physick; next Vicentia, next Bressia, which is accounted the second for greatness in Lombardy; next Verona, also a fair City of Crema, a strong Fort, Aquilegia, once of great circuit, now devoured by the Neighbourhood of Venetia, Parma a modern Town built by the Venetians within these late years, next is Cape de Istria, Pola, and some others, of lesser Note; and last of all, the Metropolis of all this Commonwealth, which is Venice it self of these, or as many as have gathered any Observation, I shall declare.
CHAP. CLII. Of Treviso, and the Trade thereof.
Treviso, and the Trade thereof. TREVISO is the principal City of that Province, which to the Venetians is known by Marca Trevigiana, and commodiously seated for an Inland-Trade, the chief City Venetians depriving all the rest of any eminent Honour in matter of Traffick, therefore herein I shall be the briefer; and first,
For their Coins current, and their Accounts kept, I willingly omit the same, as to be found more at large under the Title of Venetia.
As for the Weights and Measures thereof, it will not be improper that I set here the agree ments thereof with Venetia, as being seated within that Commonwealth.
Weights of Treviso. Treviso is found then to have two several Weights, a gross and suttle, in the same mann [...] as Venetia, which thus agree together.
100 l. gross in Treviso, makes gross in Venetia 92½ l.
100 l. suttle in Treviso, makes suttle in Venetia 112 l.
100 l. suttle Venetia, gives in Treviso suttle 89½ l.
100 l. suttle Venetia, gives in Treviso gross 58⅓ l.
100 l. suttle Treviso, makes gross in Venetia 70 l.
All which considered, the thousands are found thus to accord.
Measures of Treviso.1000 l. suttle Treviso, is 1125 l. suttle Venetia.
1000 l. gross Treviso, is 1080 l. gross Venetia, and backward.
1000 l. gross Venetia, is 926 l. gross Treviso.
1000 l. suttle Venetia, is 890 l. suttle Treviso.
1 l. suttle Treviso, is suttle Venetia 13½ Ounces.
1 l. gross Treviso, is gross Venetia 13 Ounces.
1 l. suttle Venetia, is suttle in Treviso 10⅔ Ounces.
1 l. gross Venetia, is gross in Treviso 11 Ounces.
The Measures of length in Treviso is only the Brace.
The 100 Cloth Braces in Venetia, is 100 Braces in Treviso.
The 100 Silk Braces in Venetia, is 94 Braces in Treviso.
Oil is sold here by the Miare.
Corn by the Staio, the 100 here are 109 in Venetia.
Wine is sold by the Cara, which consists of 10 Consi, which according to the Measure of Venetia is 17½ Quarts, the next is Padua.
CHAP. CLIII. Of Padua, and the Trade thereof.
Padua, and the Trade thereof. PADUA is a famous University, especially for Physick, which affords not much matter of Trade; yet observing my intended Method, I will place here the Concordancy of their Weights and Measures with the Capital City Venetia.
Weights of Padua. Padua is found to have a gross Quintal, and a sotile Quintal, as the City of Venetia hath, and found thus to agree together.
The 100 l. suttle of Padua, is 112½ suttle in Venetia.
The 1000 l. gross of Padua, is 1020 l. gross in Venetia.
The 1000 l. suttle in Padua, is 1125 suttle in Venetia.
The 1000 l. suttle in Venetia, is 889 suttle in Padua.
Measures of Padua.The Brace in Padua, is the same as at Treviso aforesaid.
Corn is sold by the Stare, three here makes one Stare in Venetia.
Wine is sold by the Cara, one whereof here is 18 Quarts in Venetia.
Oyl by the Miaro, which is here 1185 l. gross in Padua; for other occurrences it is to be reserred to Venice.
CHAP. CLIV. Of Vicentia, and the Trade thereof.
Vicentia, and the Trade thereof. VICENTIA would be in matter of Trade of greater Note, were she not so near neighbour to, and under the Authority of Venetia, for which cause I shall be the briefer, and thus is found to agree therewith.
Weights of Vicentia.The Weights hereof do precisely accord with Padua above-mentioned.
Measures.The Measures of Vicentia are only one which is the Brace, which is thus found to accord.
100 Braces of Silk in Venice, is in Vicentia 92 Braces.
100 Braces of Cloth make in Vicentia 98 Braces.
Corn is sold by the Staio, 100 whereof do make in Venetia 33½ Staio.
Wine is sold by the Caro, which in Venetia is 18½ Quarts.
Oyl is sold by the Miaro, which are 40 Miri, which makes gross weight in Venetia 1210 l. and gross of Vicentia 1185 l.
Here is made a fine kind of Raw Silk, and dispersed abroad, fit for Silk Stuffs, called by the name of Vicentia Silk, 100 l. thereof is 93 l. in Florence.
CHAP. CLV. Of Bressia, and the Trade thereof.
Bressia, and the Trade thereof.THE next is Bressia, seated likewise in this Province, more famous in her Archbishop, who is an Earl, Marquess, and a Duke, than in any matter of Trade, yet according to my intended Method begun, I will compare the Weights and Measures thereof with Venice.
Weights of Bressia: Bressia hath but one Quintal, which contains 100 l. of the said place.
The 100 l. of Bress, is suttle Venetia 108 l. and gross 66⅔ l.
The 100 l. gross Venetia, is 147 l. and 1000 l. suttle, is 92 l. here.
The 1 l. of Bressia, is suttle Venetia 13 Ounces.
Measures of Bressia.The Brace of Bressia, agrees with the Cloth Brace of Venice.
Con [...] is here sold by the Soma, and makes two Staio in Venetia.
CHAP. CLVI. Of Verona, and the Trade thereof.
Verona. VErona is a fair City, and famous in times past for many notable things here performed, which I willingly omit, but in matters of Commerce, I find the Weights and Measures thus to accord with Venetia.
Weights in Verona. Verona is found to have two Quinta [...]s, a gross and suttle. The 100 gross in Verona, is 108 l. gross in Venetia. The 100 l. suttle in Verona is 110 l. suttle in Venetia. So that the 100 suttle in Venetia, makes suttle Verona 90½ l. And the 100 l. gross in Venetia, makes suttle in Verona 145½ l.
Measures in Verona.The Brace of Verona agrees with the Silk Brace in Venetia.
Corn is sold by the Minali, 100 whereof is in Venice 45½ Staios.
Wine is sold by the Brenta, which is in Venetia, 6 Sechi, and a Cara of Wine, is in Venetia 17½ Quarts.
Oyl is sold by the Miaro, which is 1210 l. gross, and 1738 l. suttle in Venetia, making 139 Basses, which are 8 Brentas and 11 Basses: where it is to be noted, that 3½ Basses of Verena, is 1 Miri in Venetia.
CHAP. CLVII. Of Crema, and the Trade thereof.
Crema and its Trade. CRema, is a strong Fort, bordering upon Millan, where the State of Venetia hold a Custom-House for the collection of their Customs upon such Goods as go from these parts either [...] Millan it self, or thence by transit [...] to Lions, or other places.
Weights in Crema.The Quintal of Crema, is the 100 l. thus agreeing with Venice, 100 l. suttle Venice, is in Crema 92 l. and 100 l. gross 147 l. in 150 l. 100 l. in Crema, is suttle Venetia 108 l. and gros Venetia 66 in 67 l.
Measures in Crema.The Measure for length is the Brace, which is found to be two per Cent. less than the Clo [...] Brace in Venetia: whither now it is now high time I should repair to, and survey the Traffick thereof, as at this day it is found and observed.
CHAP. CLVIII. Of Venice, and the Trade thereof.
Venetia, and the Trade thereof. VEnice is the Principal City of this Republick, and is seated in the bottom of the Adriatick Sea, or Venetian Gulf, upon 72 Islands, and distant from the main Land five Miles, defended against the Fury of the Sea, by a Bank extending 20 Leagues in length, thro which there is passage broken in seven places for Boats, but no ways for Ships, but at Mallamecco, and the Castles of Lio, which are found to be strongly fortified: it is accounted to be eight Miles in compass, and hath for convenience of passage near 4000 Bridges, and 12000 Boats, as some of oct modern Travellers have observed. It is the only place where Policy, Warfare, and Mercha [...] zing have kiss'd together, for the most part of those Clarissimos which here boast of their Qu [...] lity, Greatness, or Wisdom, have either in themselves, or in their Ancestors, had their Original from Traffick and Merchandizing, many of whom injoying this Title of Noble Families, I have known in Constantinople and other parts as Merchants and Factors, who in their Youth exercising this Art, do afterward, as their genius leads them, either become Captains and Proveditors in Castles, Forts, or Cities, or Ambassadors, and so imployed into Foreign States, or lastly, Sen [...] at home governing the Commonwealth; but their worth being in it self sufficiently known to the World, I shall descend to the subject in hand.
This City then hath for many years had the sole Commerce and Traffick of all the Mediter [...] nean Seas, and not content therewith, have made that City the common Mart of all the Conmodities of Arabia, Persia, India, and those Eastern rich Countries by their great Trade to Alexandria and Cairo, which continued for many years; and when the Grecian Empire was both in its heighth, and in its descent, they managed the sole Trade thereof, till the State of Genoa did look thereinto, and by their Power and Might at Sea, shared with them therein: but the P [...] tugal finding the way to India by the Cape of Bona Speransa, and the English and Dutch Mochants following those Leaders, now bring those rich Commodities that way straight to their own homes, which in former times they were constrained to have from this City at a far dearer rate, [Page 199]and at a second hand, since which times their Customs have been decayed, their Ships rotted, and their Mariners, the pride of their Commonwealth, were all become Poltrones, and the worst accounted in all those Seas, until the Turks Wars with Candy have made them again expert in Sea Affairs; as may appear by the many Fights, and several considerable Overthrows given to the Grand Seignior's Navies, as lately in the year 1656, and their keeping of the City and Port of Candy, for the space of so many years, against all the Opposition the Turk hath made against it.
This City now serves in matters of Trade, for an Inlet into Austria, and Upper Germany, which this way it yet fits with some Spice, Drugs, and other Arabian Commodities, which in part is brought thither from Alexandria, Aleppo, and Constantinople, where they still have Consuls and Factors, and partly by a second hand from England, now thereby bringing to them those Commodities which a few years past we had and fetched from them, as from the only City and prime Merchants of Europe.
Commodities of Venetia.The Commodities here found and afforded are not many, nor of much worth, as some Cloth of Gold and Silver, Corns, Wines, Oyls, Rice, VVoollen-Cloth, Paper, Anniseeds, Argal, Glasses for looking and for drinking, Quick-Silver which they have from Germany, some Silks raw and wrought.
The Commodities sent hither from England is Lead, Tin, Baies, Furrs, Perpetuanos, Serges, Saies, and some Cleth, Indico, Pepper, Ginger, Maces, Cloves, Nutmegs, &c Herrings, white and red, Pilchards, Newland Fish, salted Salmon, and such like. It serves in these days for a Mart for the Commodities of Istria, Dalmatia, Sclavonia, Austria, Upper Germania, and the Adriatick Seas, and serves these Parts again with such Commodities as are either brought hither by the English, Dutch, and French from their several Countries, or from Alexandria, Aleppo, Smyrna, the Archipelago, and Constantinople, where they also drive a considerable Trade.
Weights of Venetia.There is found to be in Venetia four kinds of Weights, which thus are distinguished and found to accord.
The greatest is called the Gross Pound, and 100 l. wherewith all Wooll, Brass, Metals, Fish, Flesh, and other gross Goods are weighed.
The second is the Gold Weight, used for Gold, Silver, and Jewels only, called the Mark, which contains 8 Ounces, every Ounce contains 144 Carats, every Carat is 4 Grains.
The third is used in Gold and Silver Thread, and in nothing else.
The fourth is the Pound, and the 100 l. suttle, wherewith all Silks, Spices, Drugs, Cottons, Cotton yarn, and such like fine Goods are weighed by, which thus are amongst them found to accord and agree.
100 l. gross, is 158 suttle; 633 l. gross, is 1000 l. suttle.
100 l. suttle, is 63⅓ gross; 1000 l. gross, is 1580 l. suttle.
1 l. gross, is suttle 1 l. 6 Ounces; 5 Sazi, 18 Carats.
1 l. sotile, is gross 7 Ounces, 2 Sazi, 16 Carats.
1 l. sotile, is 12 Ounces; the 1 Ounce, is 6 Sazi; and 1 Sazi, is 1½ Dram, which is 3 Sec.
100 l. of Silver or Gold Thread, is suttle 116 l. 8 Ounces.
1 Mark of Gold, is suttle 9 Ounces; Sazi 2.
Where note, That a Mark of Gold, is 8 Ounces; 1 Ounce, is 4 Quarters; 1 Quarter, is 36 Carats; and 1 Carats, is 4 Grains, so that 144 Carats, is 1 Mark.
Also note, That in Venetia there is bought and sold divers Commodities, some by Balance, and some by Stalero, as well in the gross, as in the suttle Weight; and that the Balance Weight, is greater than the Stalero Weight 2 l. per Cent. by the Hundred, more than by the Pound; and the suttle Weight of the Balance, is greater than of the Stalero suttle two Pound per Cent. by the Hundred, than by the Pound Weight.
Weights of Venetia agreeing with other Countries.Now let us observe how these two Weights, the sotile and gross, respond with the Weight of other Countries.
The 100 l. suttle have been observed to make the first Row to the left hand, and the 100 l. gross the next Row.
The 100 l. suttle makes in the first row, and the 100 l. gross makes in the second row thus. | Alexandria Zera | 31 | Rot. | 50 | Rot. |
Alexandria Forf. | 71 | R. | 112 | R. | |
Aleppo | 14 | R. | 21 | R. | |
Archipelago | 77 | l. | 121 | l. | |
Anvers | 64 | l. | 102 | l. | |
Almeria | 55 | R. | 90 | R. | |
Ancona | 86 | l. | 136 | l. | |
Bergamo | 90 | l. | 145 | l. | |
Bollonia | 83 | l. | 132 | l. | |
Baruti | 13 | R. | 20 | R. | |
Cyprus | 13½ | R. | 21 | R. | |
Constantinople | 56 | R. | 84 | R. | |
Candia | l. | l. | |||
Corfu | 75 | l. | 117 | l. | |
Cremona | 96 | l. | 151 | l. | |
Damascus | 16⅔ | R. | 26⅓ | R. | |
Ferrara | 102 | l. | 139 | l. | |
Florence | 87 | l. | 138. | l. | |
Lions | 70 | l. | 110 | l. | |
London | 64 | l. | 106 | l. | |
Lisbon | 59 | l. | 92 | l. | |
Millan | 92 | l. | 150 | l. | |
Mantua | 93 | l. | 150 | l. | |
Marselia | 70 | l. | 112 | l. | |
Malleca | 57 | l. | 90 | l. | |
Naples Rema | 94 | l. | 149 | l. | |
Naples Romania | 78 | l. | 121 | l. | |
Parma | 90 | l. | 148 | l. | |
Placentia | 92 | l. | 150 | l. | |
Paris | 70 | l. | 112 | l. | |
Roma | 84 | l. | 132 | l. | |
Ravenna | 84 | l. | 133 | l. | |
Ragusa | 83 | l. | 131 | l. | |
Scio and Smyrna | 62 | R. | 98 | R. | |
Sevilia | 63 | l. | 98 | l. | |
Tripoli Barbaria | 59½ | R. | 93½ | R. | |
Turin | 92 | l. | 148 | l. | |
Verona | 90 | l. | 145 | l. | |
Zant | 63 | l. | 100 | l. |
How far these may come near to truth, I must refer to trial, therefore I deliver them ha [...] as I received them upon trust.
Measures in Venetia, of length.The Measures of Venetia are two, and both called the Brace.
The first is the Silk Brace, by which is measured all Stuffs of Silk, Damasks, Sattins, Clothed Gold, of Silver, &c.
The second is the Cloth-Brace, by which is measured all Cloths and Stuffs made of W [...] which is greater than the former 6¼ per Centum.
Upon which last Braces 100 hath been made this Concordance with the Measures of other Countries.
100 Braces in Venice | London | 55½ | Ells. |
Antwerp | 92½. | ||
Frankford | 115¾. | ||
Dantzick | 76⅘. | ||
Vienna | 80½. | ||
Lions | 56½ | Aulns. | |
Paris | 52¾. | ||
Rouen | 48¼. | ||
Lisbon | 55½. | Var. | |
Sevil | 75 | ||
Madera | 57 v. | ||
Lucques | 111 | Br. | |
Florence | 113⅔. | ||
Millan | 124¾. | ||
Genoa | 267⅞ | Pal. |
[Page 201] The liquid Measures are these:
Of Wines. Wines are sold in Venetia two ways, either in gross, or by retail; the gross by the Amphora and Bigonsa, and by retail, by the Quart, the Sachio, and Lire; where note, That the Amphora is four Bigonsa, and the Bigonsa is 4 Quarts, and 1 Quart is 4 Sachi, and 1 Sachi is 4 Liras or pounds, but buying the same in gross, that is by the Amphora and the Sachi, 1 Amphora is [...]4 Quarts, and 1 Bigonsa is 3 Quarts and half.
Of Oyl. Oyl is here also sold two ways, first by Measures, and next by the Weight of the Staliero; the Measure is called the Miaro, and is 40 Mire, and by the gross Weight is 120 l. and 1 Mira makes by measure 25 l. and by weight makes 30 l. 3 ounces.
Of Corn. Corn is sold by the Staio, which is 132 l. gross Venetia, and in Florence 175 l. which is divided to 4/4; and to 8/8, and to 16/16 parts, by which is made the Scandalios, the ¼ being 32 l. the ⅛ 16 l. the 1/16 8 l. of gross.
Accounts in Venetia.Their Accounts are kept in Venetia divers ways, as by some in Ducates and Grosses, at Livers 6 and 4 sold per Ducate, accounting 24 Gross to a Ducate.
Others again by Livers, Sols, and Gross, which are valued at 10 Ducates the Liver, accounting 20 Sold. to the Liver, and 12 Deniers gross to a Sold.
Exchanges of Venetia.The Exchanges made in Venice I have inserted in the 281 and 368 Chapters, together with all circumstances thereto belonging; where by the way it is to be noted, That in time past the goodness of their Moneys both in payment for Merchandise, and in payment for Bills of Exchange, was alike and of equal goodness and value; but these wise Senators fearing to lose what they cannot keep, I mean, that little Trade they yet hold, in comparison of what they had lost, by their providence and circumspection, set a distinction between the Moneys payable for commodities, Difference bet [...]een money in banco and out of banco in Venice 20 per centum.which they term their current Moneys and out of banco, and between their Moneys paid by Bills of Exchange, which they term in banco, which hath had its original upon such unfit grounds, that the very naming thereof, and the particular circumstances of this difference is dishonourable to this Republick; which therefore I will omit, only thus far the necessity thereof is to be remembred, and to be well known and understood by all Merchants and Exchangers that Trade and Traffick to this City, that the difference now at this time holds in proportion between 20 and 21 per cent. so that it doth appear to all men that reside here, or have any commerce into this City, that their payment made in banco, and by Bills of Exchange, is accounted better by near 21 per cent. than the payments made for Commodities bought and sold between Merchant and Merchant.
Customs of Venetia.The Customs of Venice are several, altering upon many Commodities; and though the wisdom of this Republick do manifestly discern a great diminution of their Customs in general, yet it so falls out that they impose still greater, as it were endeavouring thus to make up the annual rents thereof, as of late they have done upon Currans, under pretence, that if the English will come and lade them in the Port of Venice, or otherwise come thither laden, they are then freed of a new Impost, which is lately levied in Zant upon a Commodity: but they being of the condition of many Princes, that finding their Countrey enriched with an eminent commerce and a plentiful Trade, never leave imposing new Customs and Imposts thereon, till the Trade, and Customs, and Imposts, and all other the benefits thereof are slipt out of their fingers, and fled for protection to some other more friendly and neighbouring State, or place, where the same finds a greater ease, and a lesser charge; and that have Venice, Anvers, Lions, and Genoa, lost that famous Trade, which for many years hath made those Cities renowned; and by their fall and easie Customs have Leghorn, Marselia, Amsterdam, and London risen to that height wherein they are now found to be, which if the Prince thereof do wisely cherish, and content themselves with a reasonable Duty, such as Trade in it self may well bear, and the Trader live, and ceherfully proceed in his Negotiations, they may see their Countreies daily to flourish, and grow both rich and renowned thereby; otherwise Trad [...] will insensibly she from them, the Merchants will give it over, or find out new paths and divert it into some other place; Shipping will in an Age rot and perish, and Navigation will quickly be forgotten, and these Kingdoms must have other Nations to supply them at the second hand, and by strangers Shipping, with those necessary Commodities which the Countrey stands in need of, and the same both at dear rates, and to the too late Repentance of the State it self, as may now be verified by this of Venetia, who would with many Millions redeem that lost Trade, and would with free liberty of Customs entertain that Commerce, which themselves peradventure by their too great Customs and Imposts levied thereon by little and little in times past, have of their own accord wilfully or willingly lost, and thrust from them, as I shall declare further in the Trade of Leghorn, and other places which have of themselves no commodity to maintain a Traffick, yet have all things, and want nothing that all other Countreies can afford, only by the benefit and commodity of an easie light duty of Custom imposed upon Merchandise by the liberty and freedom of the place and Traders thereinto; and forasmuch as this State have by their wisdom made of [Page 202]late days divers subtle Decrees for the benefit of their own Traffick, and for the regaining of their lost Trade, which are in themselves prejudicial to many other Nations, but principally to the English, I hold it not improper in this place to mention some of the principal thereof, that thereby if any the able furtherers of the English Traffick shall happen [...] peruse this Tract, fit remedies may be enacted to meet these Decrees, Injurious Decrees of Venice against the Trade of the English in the Levant Seas.which I may call particularly injurious to the English Subject and Merchant, and tending to draw the whole Trade of the Levant Seas to the City of Venice only, to the general prejudice of the Shipping of his Majesty of England, Trafficking in those Seas, which I conclude under [...] Points.
1. First, they have considered the late great Exportation of Currans out of Zant and Zeffalonia (two Islands of their Signiory) into England, and that the principal Trade of the English into their Signiory, is only for this Fruit, therefore they have of late levied a [...] Imposition of ten Ducates upon every thousand of Currans bought and shipped from the said Islands, and of later times have also inforced the payment of the said Impost at Venice, which formerly and at first was free, and have discharged their own Subjects thereof, to the special damage and prejudice of the English.
2. Secondly, they have to burthen the Trade of the English thither, or rather seeing a [...] the Trade of that Fruit wholly sought out and coveted by the English, to which end they use to vent in those Islands some few English Commodities; they have I say, of late, burthened the Native Commodities of England brought into these Islands with new Impost, a levying upon an English Cloth 7 Ducates, upon 100 weight of Tin 2 Ducates, and upon a Kersey 2 Ducates, and so upon all other English Commodities, thereby to inforce all Commdities of England to be brought into the City of Venice; and though sometimes English Merchants find it necessary in those Seas to transfer some English Goods out of one English Vessel into another, and yet not land the same, when as Ships do happen to meet together and to be bound for several Ports, yet the same is not permitted them unless they pay the said Impost abovementioned, as if the said Goods were there really landed and sold, contrary to the common Custom of the Mediterranean Seas.
3. Thirdly, they have prohibited, that any Turkey Commodities should be landed their out of English Shipping, or any other Commodities that are afterward to be shipped for the Kingdom of England, which for the conveniency of English Shipping, the English Mercha [...] Trading in those Seas have often occasion of: but they do compel the English first to send such Goods and Wares to the City of Venice, purposely there to pay the duty of Custom and the duty of Cottimo, before they will suffer them to ship the same for England.
4. They have made an Act for the imployment of their own Shipping and Mariners, and for the restraint of all Foreiners, that no Commodities of the parts of Turkey may be brought into any the Seigniory of the State of Venice, but only in Venetian Shipping; wherein they have been found to have been so strict and severe, that if any English Ships happen to be Fraighted either by their own Subjects, or by the Merchants of any other Nation when any of their own Shipping are in Port, or happen to come into the Port, or within the space of twenty days after, upon the firming of a bare Protest against the said Ship so Fraighted, they have no law nor remedy left them in Law to recover any Fraight-Money, due for the said Goods so laden by them.
5. Fifthly, they will not permit nor suffer any English Ship to relade at Venice, except they come first fully laden thither, neither will they suffer freedom of Trade from Venice to any parts of the Levant for the English Nation, neither in their own nor yet in the Shipping belonging to the Venetians, but do straightly prohibit and forbid it, as also they do prohibit the bringing of some particular Commodities by any whatsoever, themselves and their Subjects only excepted.
6. To these I might add some others, but I will conclude it with this last point of slight and fallacious subtilty some years past, when as the Seigniory of Venice had here a permission from His Majesty of England to contract with divers Merchants for their Ships to serve against the Spaniards in the Gulf of Venice; when the said service was performed, and that they came to receive their contracted payment; they raised their Moneys 12 per centum above the rate of the same at the time of their agreement; by which rate His Majesty's Subjects came to lose a great Sum of Money by the said service, to their great prejudice, and to the great dishonour of that so Honourable Seigniory.
Having by these few particulars given the ingenious Reader a taste of these present policies Enacted by this State of late for the support of their decaying Trade, and also given a touch of the Subtilties used by them to preserve that little that is yet remaining, and their Endeavours to augment the same, I will now in a word view the State of the present Traffick of this City.
[Page 203] The present Trade of Venice surveyed.It is not to be questioned, but that this City hath in all Ages afforded many eminent Merchants, and hath not been ashamed to make Merchandizing a prop and supportation to their Nobility, who amongst them are intitled Clarissimi, so that this their School of Commerce hath afforded such apt Scholars, and which have so notably profited therein, that they have with as much honour worn the Gown, as valiantly handled the Sword; and he that shall heedfully peruse their Histories, shall find that not a few of them, have with general approbation both of their Subjects and Neighbours, struct the principal stroke in the Government of that Dukedom. The fit situation of their City, the large extent of their maritim Coasts, the common aptness and addiction of the Citizens, have much furthered the great Traffick of the same; what it hath been in times past, when their Potency and Opulency was at the highest and when they set out and gave imployment both in War and Peace to 300 Sail of Gallies, besides all other sort of Vessels; I refer to their own Histories. Their then rich Trade to Egypt for the Commodities of India, Arabia, and to Constantinople and Aleppo for the Commodities of Grecia, Armenia and Persia, to Germany, France, Flanders and England, for the Commodities of those Countries, must needs make this City famous for the Traffick thereof; but their covetous Appetite, that could not be satisfied with this Fame, and the great Wealth, each in particular drew thereby, envied to themselves that Honour, which all other Cities of the World was constrained to give them; for their great Customs imposed, joyned with the accidents of that age and time, brought them to the present State of Traffick wherein now they are found to be, which is at present comprehended within a narrow scantling, for their Trade to Egypt is vanished, and seen only in the relicks thereof, for tho' in Alexandria and Cairo they maintain Consuls, serving in outward appearance for the protection of their Merchants, yet indeed they serve to little purpose, as having lost the former famous Trade of Alexandria and Cairo in Sidon, Acria, Smyrna, and other places of Turkey; they have their Consuls, as also their Agent in Constantinople, and Consul in Aleppo, which now are the principal who give Life to their Designs, as indeed the places where their Trade is of greatest Eminency, yet it is not so great but may be fathomed within a small Line: and as many things have notably concurred in the loss of their former Traffick abroad and in other Kingdoms (as the discovery of India by the Portugal, the subversion of the Greek Empire by the Turks, and the favourable Countenance of some of the late Kings of England to their own Subjects, for their incouragement in Trade, and their general inclinations thereto) so they in themselves have been chiefly wanting to themselves, and have suffered a loss to fall insensibly upon them; that hath been the greatest Ruin of their Traffick, comprised within Mystery the of these their new Imposts, and the decay of the Shipping and Navigators, which that Prince must ever carefully avoid, that would have his Country and Subjects thrive thereby; and having now lost all their Trade to all other places (the Dominions of the Great Turk only excepted) their Ships and Gallies are decayed, and their Mariners fled from them, some sparks are seen yet to remain; but the great Fire of their mighty Traffick being extinguished, it will not be needful for me to rake the Ashes, and observe further that little Coal that is yet resting unconsumed amongst them.
CHAP. CLIX. Of Florence, and the Cities of that Kingdom.
Florence, and the Provinces thereof.THE Dukedom of Florence containeth the greater part of Tuscany, and now may be said to be comprehended under the Signiory of the Great Duke, with the Republick of Pisa and Siena, the principal marine Port whereof is Leghorn, which may be accounted the best and one of the greatest Towns of Trade in all the Mediterranean Seas, not only thus continued and preserved by the Industry of the Inhabitants alone, but of other Nations, which by reason of the great Immunities and Privileges of this place, and the freedom given to Strangers and Merchants, and principally because all sorts of Merchandize may be here landed free of all Customs, Duties and Imposts, this Scale is grown to that height, that it is famous throughout all the Mediterranean and Ocean Seas.
In this Republick, I find only four Cities of Consequence that challenge in matter of Commerce my Observation, which is, Florence it self the principal City of this Dukedom; next Siena, then Pisa, and lastly the above mentioned Town of Leghorn.
Commodities of Tuscany.These Countries afford for Merchandize, some Marble, Rice, Wines, Oils, quantity of Silks, both raw and wrought in Stuffs, famous for their Fabricks throughout Europe, as Satins, Taffaties, Velvets, Grograms, Plushes, and the like, called commonly of Florence. From England is here vended, Pepper, Cloves, Maces, Indico, Callicoes, as being East-India Commodities, and Lead, Tin, Cloth [...], Bays, Serges, Perpetuanos, as Native, and the English also bring hither [Page 204] Herrings white and red, pickled Salmon, Newland Fish, Pilchards, Calves-Skins, and many other Commodities.
The Duke of Florence, a great Merchant.The Duke of Florence hath ever been found to be a great lover of Merchants and Merchandizing, and is conceived to be at this day the greatest Merchant in Europe, forgetting not that his Ancestors did raise themselves by Traffick to the greatness and height he now doth hold; and to this end is found in Leghorn a Stock properly running in Trade for his Account, which is imployed in Traffick, as occasion of Profit upon Merchandize doth present it self.
The Estate of the Great Duke of Tuscany, and the Trade thereof.
Cosmi the Second, was the first Duke of Florence that had the Title of Great Duke of Tusca [...]y conferred upon him, being crowned in the Court of Rome, with that Title given to him and his Heirs for ever, by Pope Pius the Fifth, in the year 1570. Since which, the Great Dukes Successors have desired of succeeding Popes, the Title of King, but it hath been always obstructed by the Kings of Spain, who would indure no King in Italy but himself, and refused by the Pope as too Lordly a Title.
This Duke and his Predecessors, have ever been found to be great Lovers of Merchants and Merchandizing, knowing that his Predecessors raised themselves by Traffick to the greatness he now doth hold.
His Territories are separated on the East, from the Lands of the Church by the River Pisco, on the West, from the Commonwealth of Genoa by the River Macra; on the North, from Romandiola, and Marca Anconitano by the Appenine Hills; are bounded on the South, by the Tyrrhenian Sea, being about 260 Miles in length, and in some places as much in breadth. The Country between Florence and Leghorn (being about fifty Miles) is full of spacious Fields, and fruitful Valleys, here and there a pleasant Mountain equalizing them for fertility, abundantly furnished with all sorts of delicious Wines, and beautified with many delicate Cities and Towns, and in a word, plentifully stored with all the Benedictions of Nature: The Inhabitants profess the Reman Catholick Religion, and are governed by the Civil Law. The Great Duke [...] Dominions may be fitly divided into four Parts, viz. The Cities and Territories; first of Florence, 2. Pisa, 3. Siena, 4. and lastly, the Islands situated in the Tyrrhenian Sea.
The Estate of Florence, taketh up the North Part of the Great Duke's Dominions, being bounded on the South by the Territories of Pisa and Siena, and on the North with the Appenine Hills, so called from Florence, the principal City for Beauty and Trade within this Territory. Nicholas Machiavel (that unhappy Man) was once Secretary to the Duke of Florence; who but for publishing that which was frequently practised by Princes, hath intailed an edium upon his Name (for ought any knows) to all Posterity. But to our Business next to be handled, which is the Description and Trade of Florence.
CHAP. CLX. Of Florence, and the Trade thereof.
Florence, and the Trade thereof.THE City of Florence is seated near the confluence of the two Rivers, Arne and Chian, and is a very fair City, and abounding with publick and private Buildings of great Beauty, and therefore by some supposed to be called Florentia à situ Florenti; it is in compass six Miles, and is the Residence of the Duke, who here hath a sumptuous Palace: the greatest part of the Trade thereof doth consist in Fabricks of Silks that here are made, and are hence properly call'd, and in the Exchanges here are used and practised by Bankers, for all Parts of Europe, the Inhabitants having lost the honour of Merchandizing, which anciently they had, when eminent Factors from hence were sent into Flanders and England, and to other Countries to reside, who managed a very great Trade, now totally decayed. What I have found from others, or observed my self 1619. when I was here, I shall set down for the present occurrences of the place.
Accounts in Florence.The Merchants do here keep their Accounts in Livres, Sold and Deniers, 12 Deniers making a Sol, and 20 Sol a Livre; and others again in Crowns, Sol and Deniers of Gold, of Livres 7½ per Crown, accounting 12 Deniers to a Sol, and 20 Sol to a Crown, but all their Commodities are sold by Lavres, Sold, and Deniers of their Moneys, and to reduce Livres into Crowns, multiplied by 2, and divided by 15, because 15 half Livres make a Crown, and to reduce the said Livres into Ducats, 1/7 is to be taken.
Coins current in Florence.The Coins current, are the Ducats of Florence and the Picols.
The Ducat is worth 7 Livres, or 70 Bolognini.
The Crown is worth 7½ Livres in Picholi, whereas the Custom is different from other [Page 205]Countries, wherein the Crown of Gold is not found to have any constant Rate with the current Money of the place, and is adjusted therewith according to the Rate of the Exchange.
The Livre is 20 Sold, and accounted to be 9 d. sterling.
The Ducat being 7 Livres, is accounted there 5 s. 3 d. sterling.
The Seudo, or Crown of 7½ Livres, is consequently 5 s. 7½ sterling.
The Livre is also divided to 12 Craches, whereof 8 is a Julio, which is 6 d. sterling; 5 Quatrins is a Crach, and 60 Craches makes a Livre.
Weights of Florence.Divers Observations have been made upon the Weights of Florence, which is 100 l. or Quintel of 12 Ounces to a Pound; the most noted I will here insert, and refer the truth to him that hath a cause of trial, because I have received them upon trust.
The 100 l. then hath been found to produce in these places.
The 100 l. of Florence hath rendred in | Anvers | 73 | l. |
Lions | 76 | ||
Dantzick | 88 | ||
Venetia sotile | 114 | ||
Venetia gross | 71 | ||
Siena | 103 | ||
Pulia | 104 | ||
Lucca | 102 | ||
Bollonia | 95 | ||
Farrara | 101 | ||
Padua | 117 | ||
Millan | 103 | ||
Cremona | 113 | ||
Roma | 98 | ||
Genoa | 108 | ||
Marselia | 91 | ||
Barcellona | 71 | ||
Valentia | 96 | ||
Granado. | 66 | ||
Sevil | 75 | ||
Lisbon | 92 | ||
Paris suttle | 90 | ||
Paris gross | 112 | ||
Brussia | 78 | ||
London | 78 | ||
Ancona | 98 | ||
Majorca | 92 | ||
Sicilia sotile Rot. | 44 | ||
and gross R. | 48 | ||
Tunis | 100 | ||
Aleppo — R. | 15¾ | R. | |
Ditto Silk | 16¾ | ||
Tripoli Soria | 19 | ||
Ditto Barbaria | 67¾ | ||
Baruti | 152 | ||
Alex. Zera | 162 | ||
Alex. Forfori | 81 6 | ||
Scio and Smyrna | 71 | ||
Constantinople | 64 | ||
Rhodes | 14 3 | ||
Acria | 12 8 | ||
Babylonia | 10 10 | ||
Balsara | 500½ | M. | |
Ormus | 75 10 |
[Page 206] Measures of Florence.As of Weights formerly compared, so do I find the Brace of this place whereby all Commodities are measured, and upon the 100 Braces of Florence hath been made these Observations, and to make
The Cane is 4 Braces, and the 100 Braces are in | London | 49 | Ells |
Anvers | 81 | ||
Frankford | 102 | ||
Dantzick | 67 | ||
Vienna | 71 | ||
Lions | 49 | ||
Paris | 46 | Aulns | |
Rouen | 42 | ||
Lisbon | 49 | Vares | |
Sevil | 24 | ||
Madera | 50 | ||
Venice | 88 | Braces | |
Lucca | 97 | ||
Millan | 112 | ||
Genoa | 235 |
Note, that all Wrought Silks are here bought by the pound weight, and not by the Cane no [...] Brace above-mentioned.
Of Wine. Wine is sold by the Cogno, which are 10 Barrels, and 1 Barrel is 40 Metadels, or 20 Bottles, or Flasks, each Bottle being 2 Metadels, the Barrel is to weigh 120 l.
Of Oyl. Oyl is sold by the Orcio, which is a Barrel, and contains 32 Metadels, which ought to weigh 85 l.
Of Corn. Grain is sold by the Moggio, and is Staio 24, and the Staio is 50 l.
Of Salt. Salt is also sold by the Staio, which weighs 72 l.
Agreement of dry Measures of Florence.The agreement of the Staio of Corn, I find thus computed with other Cities.
Staios 3¾ of Corn in Florence, is 1 Sache of Venetia.
Staios 3 in Florence, make 1 Sache in Pisa.
Staios 2⅘ in Florence, make in Plombino 1 Staio.
Staios 8¾ in Florence, make in Rome 1 Rotulo.
Staios 10½ in Florence, make in Palermo a general Salmo.
Staios 13 in Florence, make in Misnia a gross Salmo.
Staios 1½ in Florennce, is in Naples 1 Tomolo, 16 Tom. is a Salm. there.
Staios 6½ in Florence, is in Ancona 1 Somo of Corn.
Moggio 1 in Florence, is in Arles 10½ Sesterces.
Staios 3 in Florence, is in Marselia 2 Mines.
Staios 60 in Florence, is in Britany a Tun of Corn.
I have been the larger in the Weights and Measures of Florence, because I shall have occasion to accord other Cities to this; and therefore to make this the more absolute, I have added the following concordancy of the dry Measures of this place with other Countries following which I refer to the better experienced for due trial.
CHAP. CLXI. Of the dry Measures of several Cities in Italy, with other Cities in the Mediterranean Seas.
Agreement of dry Measures in sundry Cities of Italy, &c.NOW forasmuch as I find it very difficult to accord so many Cities in the Measures of Corn, Salt, Wine, &c. I will here add what I have collected therein, which properly may best follow the preceeding agreement of the dry Measure of Florence.
First then, a Mine of Corn in Avignon, is 1 Staio of Pisa.
An Anne of Lions, is 8 Staios of Florence, which Anne of Lions is there accounted 6 Buccets.
A Quarter of England, is 11 Staios of Florence.
A Moggio of Grain in Florence, is 3 Annes in Lions, which Moggio is accounted 10 Sesterce there, and the same in Provence.
Alquiers, 104 of Portugal, are 40 Buccets of Lions.
1 Muy of Orleans, and 12 in 13 Mines, makes 13 Buccets of Lions.
1 Tun of Grain either in Picardy or Normandy to be laden aboard their Ships, is 16 Mines. which are 2⅔ in Moggios, which are 24 Mines, and the 24 Mines there, are 3⅓ Moggio of Florence, and 1 Mine of the said places is 3½ Staios incirca of Florence.
[Page 207]1 Tun of Corn laden in Britany, is accounted to hold and make 60 Staios of Florence.
1 Fanega in Calais, is 2⅛ Staios of Florence.
1 Salmo, general of Sicilia, is in Portugal Alquiers 22½.
The said Salmo of Sicilia, is 11¼ Staios in Florence.
The gross Salmo of Sicilia, is 17 per Cent. greater than the general.
The Salmo of Calabria, is 6 Tumelles of Naples.
The Tomolo of Naples, is 2 Staios of Florence.
The Carro of Apulia, is 3 Moggio of Florence.
Alquiers 4½ of Lisbon, are 1 Fanega in Andalusia.
1 Fanega, is 2 Staios of Florence, and a little more; so that the Staio of Florence may be accounted the Fanaga and Alquier of Lisbon 2⅙ Staio.
One Moggio of Florence, makes in Arles 4⅓ Sesterces.
And in Marselia doth make 2 Sesterces.
The Staio of Venice comes to make one Sack of Pica, or little less.
The Mine of Corn of Genoua, are 4½ Staio of Florence.
The Sesterces 5 of Grain in Avignon, are one Salmo of Sicilia.
A Car of Corn in Padua, is in Calais 34½ Fanega, and makes in Lisbon 145 Alquiers of 36 Tomolos of Naples the Carro.
The 500 Retibe of Corn in Alexandria, is in Leghorn 1090 Sacks.
The Staio 63 of Corn of Ferrara, makes just a Carro, and this Carro makes in Constantinople 57 Cassise.
The Retibe of Alexandria, is in Legborn 6⅕ Staios.
The Cill [...]a of Chavella, is 3 Staios of Florence.
1 Tun of Grain in Britany, is 60 Staios of Florence.
The Cassise of Corn in Valentia in Spain, is ⅔ of a general Salm of Sicilia.
Sesterces 10½ of Arles, is in Florence one Moggio.
And as for the Tomilo of Naples, I find this Observation in the agreement thereof.
36 Tomolos of Naples, which is 1 Carr, have made in | Venice | 22½ | Stai. |
Istria | 22¾. | ||
Segnia | 68¾ | Quart. | |
In all Dalmatia | 22¼ | Stai. | |
Ragusa | 19¼. | ||
Catarro | 22½. | ||
Fermo Marca | 9 [...]/1 | Somo. | |
Corfu | 14¾ | Mosa. | |
Candia | 97 | Mesn. | |
Canea | 14¼ | Moza. | |
Alexandria | 7 | Rob. | |
Tripoli Barbaria | 5 | ||
Cassise and 3 Jubes | |||
Zerbe | 5¼ | Caf. | |
Millan | 3 | Mos. | |
Parma | 45½ | Sta. | |
Modena | 26 | ||
Rimene | 10⅙. | ||
Cesena | 13 | ||
Ravenna | 34 | ||
Forli | 21½. | ||
Ferrara | 62½. | ||
Mantua | 56½. | ||
Bollonia | 24¾ | Corbe. | |
Florence | 80 | Stai. | |
Genoua | 16½ | Mine. | |
Padua | 34⅜ | Stai. | |
Treviso | 20⅞. | ||
Vicentia | 34⅛. | ||
Verona | 50 | Min. | |
Bressia | 12½ | Som. | |
Bergamo | 19 | Stai. | |
Cremona | 11⅜ | Som. | |
Mirandela | 26 | Stai. |
[Page 208]For other particulars of these Measures, I have observed the same in such other place as my Collections permitted.
As for the Exchanges of Florence, which are here found daily practised for great Sums, I refer the particulars thereof to the 282 and 400 Chapters of this Tract, with all the Circumstances thereunto belonging, and therefore hence come to Pisa, the second City of Trade in Tuscany.
CHAP. CLXII. Of Pisa, and the Trade thereof.
THE Second Part of the Great Duke's Dominions, is the City and Territory of Pisa, bounded on the South by the Sea-Coast, on the East, by Siena, and on the West by the Genoese. The Pisans were in former times very considerable, having under them the Islands of Corsica, Sardinia, and the Baleares, and did at once War with the Venetians and Genoese; they were at last conquered by the Duke of Millan, and the Duke of Genoa; the first taking the City of Pisa, and sold it to the Florentines about the year 1410. and the latter seized upon the Town of Leghorn, and sold it to the same Customers for 120000 Ducats about the same time. These two being the only places of Trade within this Territory worthy taking notice of, and chiefly the Town of Leghorn. But first of the City of Pisa.
Pisa, and the Trade thereof. Pisa is the second City in the Dukedom of Tuscany, seated in the entrance of the River Ar [...] into the Sea, which cometh down from Florence, and watereth the Walls thereof.
Here is the Custom-house, placed by the Florentine for all Goods that are landed at Leghorn, and enter into his Country, or laden in Florence, and going this way out of his Country; so that though Leghorn be free of all Customs, yet the Duke losing little thereby save what the Town it self can vent, which is but small, for it is but as a Scale and Port-Town to this City, and the rest of his Territories.
Here is also kept his Principal Courts of Justice, and the Knights of Saint Stephen have here their Alberge, thereby keeping his Subjects from going to Malta to be there enrolled; the Duke by these means using his best Art to make this City to have some splendour, which by the strict subjection of the Inhabitants the City otherwise is wholly deprived of.
Those goodly Buildings which it yet sheweth, testifies its ancient Magnificence, and many things Anno 1619. I observed therein of Note, though improper to the subject, which bears in many places the Relicks of that Greatness it once had, by its Command over divers Provinces, and the Wars it maintained for a long time together against both the Venetians and Genoese; but to my Business.
Weights.The Moneys, Weights, and Measures, and Accounts of Florence, are here only in use, and therefore I shall not need to reiterate.
Measures.Only the Corn Measure is a Sacco, which is 3 Staios of Florence.
The Wine Measure is a Barrel Cornuto, which is 1½ Bar. Florence, so that 7 Bar. Cornuto, is 10½ Bar. in Florence, which is in Candia 45 Mistate, and makes in Naples Cogno 1, which 1 1½ But.
For Custom of the place, this hath been observed, that a Bag of Pepper from landing at Leghorn to the dispatch in the Custom-House here, is about a Crown of Gold, per Bale, and Herrings, English, have Charges from the arrival at Leghorn, until dispatched in the Custom-House of Pisa, 15 Sold of Gold the Bar. of 4000 Herrings; and the like for other Commodities in general.
The Customs of this place is ordinarily 4 Cratches per Liver.
CHAP. CLXIII. Of Siena, and the Trade thereof.
THE third Part of the Great Duke's Dominions is the City and Territory of Siena, sit [...] ated between the Lands of the Church, and the Territory of Pisa. They were sometimes under the Command of the Emperour, then a free Commonwealth; and after that under the Spaniards, then in the hands of the French, and again in possession of the Spaniards, by whom it was made over unto Cosmi Duke of Florence (all but the Port-Towns, which he thought good to keep in his own possession) about the year 1558. whose Successors have been since very careful in keeping thereof, as a place of great Concernment, beside they being a good addition to the Greatness and Strength of his Territories; and once looked on a rival to Florence it self in the [Page 209]Government of Tuscany. The chief and only place of Trade within that part of this Territory under the great Duke, is the City of Siena; of which briefly followeth.
Siena, and the Trade thereof.This City hath been of more note and greater consequence in times past, but falling under the command of the Florentine, they deprived them of all their Trade and ancient glory; it is an Inland-Town, adorned with beautiful both Publick and Private Buildings, their great Church hath the Monuments reserved of all the Popes, and of our famous Country-man Sir John Hawkwood, who did the Florentine such good and valiant service, that they have here honoured his memory with a stately Monument: here is observed to be spoken the best Tuscan Language in Italy; and further I could not note material, Anno 1619.
Accompts here and the Monies Current are the same as in Florence.
Weights in Siena.In Siena they have two Quintals, the one of 100 l. wherewith all fine Goods are weighed, being incirca 3 per cent. less than 100 l. of Florence.
The other is for Woolls and some gross Commodities, which containeth 150 l. of the former 100.
Measures in Siena.The Braces and Measures agree with Florence formerly mentioned, other Notes of Trade in this Dukedom I have not met withal, therefore will pass hence to the Dukedom of Millan, and will omit the rest to Legorn, the only Sea-Port of note belonging hereunto.
The Port-Towns within the Territory of Siena are 1. Plombino. 2. Port Tellamon. 3. Orbitelo. 4. Monte Argentoriana. 5. Porta Herculis. 6. Porta Longone. These are only worth taking notice of for Trading.
The fourth and last part of the Great Duke's Dominions are the Islands in the Tuscan or Tyrrhenian Seas. 1. Elba. 2. Giglio. 3. Capraria. 4. Galienaria. 5. Gorgona. 6. Troja. These are only worth the mentioning as to our business of Trade.
CHAP. CXLIV. Of the Dukedom of Millan.
Dukedom of Millan.THE Dukedom of Millan being under the command of the Spaniard, is rich in Natures gifts, as esteemed the Garden of Italy, affording plenty of Corn, Rice, Wines, Oils, Silks Raw and Wrought, and sundry other Commodities; it hath therein also many fair Cities, the principal whereof are,
First, Millan the principal of the whole Dutchy. Secondly, Pavia. Thirdly, Alexandria de la Pallia. Fourthly, Cremona. And fifthly, Como: of as many of which as is needful, I shall touch the particulars.
CHAP. CXLV. Of Millan, and the Trade thereof.
Millan and the Trade thereof. MIllan is a fair City, and the greatest of Lombardy, the Castle whereof is accounted impregnable; it is very populous, and contains seven Miles in Circuit: it is furnished in matter of Trade with many great Merchants, or rather, as I may more properly call them, Shop-keepers, abounding in many rich Manufactures of Silks and Iron for Sword-blades, for Cannons, Muskets, and Pistols, &c. as Silk-Stockings, Chamlet, Fustians, Gold-Thread, and sundry other Commodities here dispersed into Savoy, France, and other adjoyning Countries.
Accompts in Millan.Their Accompts are kept in Millan by Pounds, Shillings, and Pence.
Or as they call them, Livres, Sol, and Deniers; 12 Deniers make a Sol, and 20 Sols a Livre, which Livre may be sterl. 12 pence, as I shall shew in the Tract of Exchanges, in 280 and 410 Chapters.
Coins in Millan.The Coins Current in Millan are these:
A Ducate of Gold of Millan is incirca 100 Sol of that Money.
A Crown of Gold of the Sun is worth about 96 or 98 Sol.
A Crown of Gold Italian is 5 Livres, and 6 Sol Imperial.
A Ducate of Gold of Livres 5 and 18 Sol is Livres 6 Imperial.
A Ducace Imperial is esteemed 4 Livres.
A Ducate of Millan, or Imperial of Livres 4 per Duc. and so they count it in Exchange, the which they pay in Crowns of Italy at 101 Sol per Duc.
Note, that the Crown in Millan runs in Merchandise for Sol 110 and the Ducate for the same.
[Page 210]Note also, that the Imperial Coins are the current of this Country, but French, Italian, and Spanish, pass here also in Merchandise, as being placed between the two former, and subject to the last.
Weights in Millan.The Weight of Millan is the Pound, and the 100 l. which is the Quintal, which 100 l. is
In | Venetia sotile | 108 | l. |
Venetia gross | 66 | ||
Florentia | 97 | ||
Genoua | 106 | ||
Lions | 69 | ||
London | 70 |
Measures of Millan.In Millan they have two Braces, the Cloth, and the Silk, upon the 100 Braces Silk hath been made these Observations, and to have made
In London | 43 | Ells. |
Antwerp | 72 | |
Frankfort | 90 | |
Dantzick | 60 | |
Vienna | 63 | |
Lions | 44 | Aulns. |
Paris | 41 | |
Genoua | 207 | Palm. |
Rouen | 37 | Auln. |
Lisbon | 43 | Var. |
Sevil | 58 | |
Madera | 44 | |
Venetia | 78 | Brac. |
Lucques | 86 | |
Florence | 88 |
Exchanges of Millan.Which I refer to the experience of him that shall have occasion to make trial herein farther, and so I will proceed to Cremona; as for the Exchanges here practised I refer you to the general Chapter thereof in the end of this Tract, viz. 280 and 410 Chapters.
CHAP. CLXVI. Of Cremona, and the Trade thereof.
Cremona, and the Trade thereof. CRemona is the second City of Trade in this Dutchy, which endeavoureth by the Industry of the Inhabitants to imitate and second Millan in her Manufactures of Silk, Gold-Thread, &c.
Weights.Their common Weight is the Pound and the 100 l. which hath by tryal been found to make in Venctia Sotile 104 l. and by the Gross of Venetia 65 in 66 l. in Florence 86 l.
Measures.Their Measure is the Brace, agreeing the same as that of Florence.
Oil is sold by the Carigas, 18 thereof is 1000 l. Venetia in Oil, Carrigas 15 are accounted for a 1000 l. of Cheese in Venetia.
Carigas 11 are accounted of Honey 8¼ Staios of Venetia.
CHAP. CLXVII. Of Como, and the Trade thereof.
Como, and the Trade thereof. COmo is made more famous by the Lake whereon it is seated, being 50 Miles about, than by the Trade thereof, though it may well be imagined the same doth add a good furtherance thereto by the benefit and commodity thereof, and by Transporting Wares to Neighbouring places seated thereabout.
Weights.The Weight thereof is the Pound, and 100 l. which hath been observed to produce in Venice Suttle 108, and Gross 67 l. which in London is 72 l. Averdupois, or thereabout.
Measures.Their Measure is a Brace accounted to be,
[Page 211] Corn is sold by the Mosa, which are here 14 Pesos, and every Peso is 10 l. at [...]0 oun. per l. which in Venetia is 378 l. Suttle, which is 305 l. Gross, so that the said 14 Pesos is in Venetia 1⅛ Staios; And thus have I done with the Dutchy of Millan, and proceed to Mantua, and the Dukedom.
CHAP. CLXVIII. Of Mantua, and the Trade thereof.
Mantua and the Trade thereof. MAntua hath some other Cities of quality subject thereto, but being debarred from the Sea, and environed with potent Neighbours that hinder the Commerce thereof; I will therefore reduce what I have collected more-worthy to the City of Mantua it self, which is a very fair and strong Town, environed on three parts with a Lake of good breadth, and with a strong Wall on the rest; through this Lake runneth a River that leadeth into the Po, which is a famous stream in these parts, and much enricheth this Country, and furthers the Trade of this Dutchy.
Commodities of Mantua.The chief Commodities of this Dukedom are certain Fabricks of Silks, such as are Taffetaes, Sattins, Camlets watered, and the like.
Accompts in Mantua.Their Accompts are kept in Livres, Sols, and Deniers, 12 Deniers make a Sol, and 20 Sols a Livre, 5 of which Livres make a Ducate of Gold large 9. 12 Sol making a Ducatoon of Mantua, or 115 Sols of Millan, which is accounted ( [...]) Sterl.
Weights in Mantua.They weigh in Mantua by a Peso, and by the 1000 l. 25 l. being the Peso, and 100 l. the Quintal, which hath made in Venice Suttle 108 l. and Venice Gross 66⅔ l. in Florence 98 l. and in London by Observation of some, 71 l. Averdupois.
Measures in Mantua.Their Measure of length is the Brace, which doth agree with the Cloth- brace of Venice within a small matter.
Corn is sold by the Staio, 100 whereof are in Venetia 40 Staios, and 1 Staios weighs about 80 l. of Mantua weight.
Aste, a Fair.In this Dukedom is also Aste, where is yearly kept a great and notable Fair for many sorts of Merchandise, where many Immunities are granted to Merchants, during the time that the said Fair doth continue, and is held in the beginning of September: and thus much I have observed of this Dutchy.
CHAP. CLXIX. Of Urbin, and the Trade thereof.
Ʋrbin, and the Trade thereof. URbin is a fair City, seated on the bottom of the Appennine, where it hath for Sea-Ports Pisauro and Fano, the English here do enjoy many Immunities, and sundry Privileges, the original whereof did arise in the Reign of Henry VI. of England, who created the Duke of this place a Knight of the Noble Order of the Garter; and he to requite the Honour to himself done, returned it thus to the said King his Subjects. It now affordeth the common Commodities of other parts of Italy, which it also followeth in matter of Trade.
Accompts in Ʋrbin.Their Accompts are here kept in Livres, Sols, and Deniers, 12 Deniers making a Soldo, and 20 Sols a Livre.
The Current Coins of this place are the Romaine, and do as in most parts of these Italian Principalities partake one anothers Coins, which passeth Current with some small distinction from one City to another.
Weights.The weight is here the Pound, and the Quintal being 100 l. which produceth in Venetia Suttle 112½, and Gross 72 l. and hath produced in London 77 l. Averdupois.
Measures in Ʋrbin.Their Measure of length is the Brace, the 100 Braces of Cloth in Venice rendring here 94 Braces, and the 100 Braces of Silk rendring here 102 in 103 Braces, which is in England ( [...]) Inches.
CHAP. CLXX. Of Parma, and the Trade thereof.
Parma, and the Trade thereof. PArma, the chief City of this Principality, affording the Commodities common with the rest of Italy, doth over and above afford that excellent Cheese known through Europe by the name of Parmesane; it is not noted for any eminency in Trade, the greatest fame that of late it obtained, was by being subject to that Alexander Farnese who was Duke thereof, and made such a noise in the Netherlands, during his Regency there, to his Masters great Expence, but to little purpose. Accompts in Parma.For Trade, observe, That their Accounts are kept in Livres, Sols and Deniers, 12 Deniers to the Sold, and 20 Sols to the Livre, which is ( [...]) Sterling.
The Coins current of Parma are;
Weights in Parma.The Weight is the Pound of 12 Ounces, and 100 l. to a Quintal, which is in England about 60 l. and in Venice sotile.
Measures in Parma.Their Measure is the Brace, agreeing with the Brace of Florence; and now to Placentia, also subject to this Principality.
CHAP. CLXXI. Of Placentia, and the Trade thereof.
Placentia, and the Trade thereof. PLacentia is a commodious City for Trade, and seated properly to that end upon the River Po, affording the ordinary Commodities of Italy, but in nothing so famous as for the Fairs in Exchanges here quarterly hept, to which place all Italy, Germany, and other Countries do make their Exchanges, rather for the Fairs, than for any Commodities wherein they intend to have the said Monies invested, and for the Monies of the Country there is no account had therein thereof, but only of that wherein the Exchanges is made, which is called the Crown of Marque, wherein only Bankers and Exchangers do keep the account of this City, and of those Crowns, Accompts in Placentia.their Accompts are framed in Crowns, Sols and Deniers of Marque, as I have more at large treated of in several Chapters of Exchanges, vide 276 and 382, and others following, which by reason of the great concurrency I have there amply specified, and to which I refer you.
Weights in Placentia.The weight of Placentia is the Pound, and 100 l. the Quintal, which 100 l. is in Venice gross, 66 l. Venice suttle, 108 l. and by that computation in London suttle, Pound 72 l. incirce.
Measures in Placentia.The Measure is a Brace, which is 27 Inches English; in this Principality is Mirandola accounted, of which a word passando.
CHAP. CLXXII. Of Mirandola, and the Trade thereof.
Mirandola, and the Trade thereof. MIrandola, being a City also belonging to this Principality, I thought good to insert in my way what I have observed in the Weights and the Measures thereof.
Weights.The Weight of Mirandola is the l. 12 Ounces, 100 l. whereof is a Quintal, and found to be Averdupois 75 l.
Measures.The Measure is the Brace, found to be 26½ Inches English, and so much for Mirandole, and now to Legorn, therewith to finish the Trade and Commerce of Tuscany, and of these petty Dukedoms.
CHAP. CLXXIII. Of Legorn, and the Trade thereof.
Legorn, and the Trade thereof. LEgorn is situated on a sandy Plain, close to the Sea-side, it hath an inward Mould where the Grand Duke of Tuscany's Gallies are kept, and some small Vessels permitted to Ride, and is accounted the strongest modern City in the Mediterranean Seas, purchased not many years past for 120000 Ducates of the Genoese, by the Duke of Tuscany, who reedifying, or rather building a new City to the old, new fortified and walled the same, giving safe Conduct to all Men of what quality and degree soever to live here, so that at the first it was a Sanctuary for all Thieves, Pirats, Murtherers, and wicked Rascals; and because here was also granted a liberty in Conscience, the Town was also stored with all Religions: but as the City became populous, and Merchants being granted a freedom in Customs, the place became in a short time to be filled with Inhabitants; and to add to these Immunities, there were Dwellings for seven years given to any that would come hither to reside, and all such should be free from all Arrests or Punishments for Acts committed in all other Countries, of what nature soever they were found to be; and by these means at first, and since by the incouragement of the Great Duke of Tuscany, it is become one of the principal Towns of Trade in all those Seas, and is properly accounted the Scale of the Florentine Dominions. In matters of Commerce it is ruled by Pisa and Florence, which are the principal Cities of this Dutchy, and which yield the Commodities that drives the Traffick of this place; the principal Notes that I observed at my being in this place in several Voyages, are as followeth.
Accompts in Legorn.Their Accompts are kept in Livres, Sols and Deniers, 12 Denters to a Soldo, and 20 Soldo accounted to a Livre, which is Nine Pence Sterling.
Coins in Florence.Their Monies are those of Florence, which current is the Ducate of 10½ Julios, or of seven Livres, which is five Shillings three Pence Sterling, and a Scudo or Crown of Gold is 7½ Livres, and one Crown of Gold, in Gold, or as they say, De Oro in Oro, is 8 Livres.
Also Note, That 12 Craches make a Livre, which is 9 d.
8 Craches make a Julio, which is 6 d. Sterling.
5 Quadrins make a Crache, [...]0 Quadrins a Livre.
3 Quadrins make a Sol.
Mote, That the Craches are ½ Silver, and the Quadrine Copper.
To bring Ducates of Florence of seven Livres the Ducate into Crowns of Gold of Florence of 7½ Jul. per Crown, Divide by 15, and Subtract the Quotient from the sum divided, and the remainder is your demand.
Again, to bring Crowns of Gold of Florence of 7½ Jul. into Ducates of 7 Livres, divide by 4, and the Quotient added to the sum divided will answer your desire.
There is ever found between the Monies of Florence and the Money of Legorn, a Lagio, which being both subject to one Prince is conceived by some, that the same may be removed by Merchants if they would endeavour it, but they that are well versed in the Trade of this place hold the contrary Opinion, therefore I will omit the Reasons given on both sides, and advise him that hath Monies in Florence, and is resident in Legorn, to make the best use thereof, and take the benefit of the Lagio as the current rate will permit him, till the business may be better rectified, and the Controversie by an equality may be decided and determined.
Weights in Florence.The Weights are the same as in Florence, the Pound 12 Ounces, and the Quintal is 100 l. which is English 75 l. but some Commodities are found to be sold by the Quintal of 150 l. which is 113 l. English, and some by a Quintal of 160 l. as Fish, Woolls, and which is 121 l. English, the English 112 l. making about 147½ l. of this place. 112 l. of London is 146 l. Legorn.
Note that 150 l. is here a Kintar of Allom, and is 113⅞ l.
151 l. makes a Kintar of Sugar, is 114⅓ l. English.
1 [...]0 l. makes a Kintar of Fish, is 121½ l. English.
100 l. is a Kintar of all other Commodities, and is 75 11/12 l. English, and is 108 l. in Genoua.
Measures in Florence.The Measure of this place is the Brace, 4 Braces making a Cane, 50 Canes is 200 Braces, and found to agree with the English; 1 Brace of Florence is 23 Inches English (of 12 to a Foot) so that 100 Braces makes [...]0 Yards, 48 Ells.
Their Corn and Salt measure is a Stare, 3 Stares is a Sack, and 3⅔ Sacks is a Salmo: or 41 Stares is a Salmo, and this Salmo i [...] accounted a London Quarter.
Also they have another Measure called a Maggio, which is 8 Sacks or 24 Stares is a Maggio, and a Stare of good Corn hath been noted to weigh 50 l. in Legorn.
English Commodities vended in Ligorn.From England is vended here Bays, Says, Serges, Cloths, Perpetuanoes, Lead, Tin, Calves-Skins, Hides, Oistracan-Hides, Salt, Salmon, Pilchards, Cavear, Herrings, Tallow, also Pepper, Ginger, Mace, Cloves, Nutmegs, Indico, and such Indian Commodities.
[Page 214] Commodities of Tuscany.This place being the greatest Scale of Trade in Tuscany, is found hence to be sent into other parts, Oils, Wines, Silks Raw and Wrought, Rice, Anniseeds, Argal, and all other Italian and Turkish Commodities.
Custom in the Port of Legorn.All Goods entring here to be Sold are not liable to the payment of Custom for a year, but if kept a full year, do then pay a Custom; and if Sale present not in that time, the Merchant may Ship the same out again without Charges: but if for the advance of his Commodity he send the same into other parts of the Dutchy of Tuscany, then the Custom is to be paid at Pisa, as is there mentioned, to which I refer the Inquirer; and leaving Tuscany, I will pass over to Genoua.
CHAP. CLXXIV. Of Genoua, and the Trade thereof.
Genoua, and the Trade thereof.THE State of Genoua comprehends Finali, Sarasena, and Noli, Cities of small import, the Metropolis Genoua being the Mistress of this Republick, being accounted eight Miles in Compass, and inhabited by the greatest Money-Mongers or Usurers in the World, who if they would not distrust God with their Wealth by Sea, would easily become and be accounted famous Merchants; their Usury is excessive, and hath more than once brought the King of Spain into their Books for vast sums of Money; but he having the trick of failing in his Payments, and performance, hath been observed to have satisfied them in blanco, in lieu of being paid in banco; but I refer this to them that are constrained to suffer, and to draw to my Observations, being such as I have gathered upon this City.
This City would prove the most Famous in all these Seas for Trading, were not the Inhabitants such noted Politicians, and great biters by Exchange, that no Strangers can live among them, for they envy the great Commerce practised in Legorn, their Neighbour, and yet may exceed Legorn, would their greedy Covetousness permit them, and suffer Merchants to bring their Goods thither upon small Charges: but that Sovereign must not expect a plentiful Trade, that will have also a great Custom paid upon all Goods; and he that desires to lose the Traffick of his Country, needs no other way to do it, but by imposing heavy Customs upon Merchants, and their Commodities: but to their better considerations I refer this point, and publish to the World their own common Proverb, which admits hardly any Merchants to live or theire amongst them, Genoua fatta per noi, their City is only made for themselves.
Accompts in Genoua.In Genoua they keep their Accompts in Livres, Sols, and Deniers current, the Denier being 12 to a Sol, and 20 Sol to a Livre; which is 120 Rays of Portugal, and 16 d. Sterling.
Monies in Genoua.Their Current Monies are divers, as bordering upon so many Neighbours, the most Current is the Deniers, 12 to a Soldo.
- Soldo 4 make a Cavalet.
- Cavalets 5, or Sols 20 make a Livre, which is 16 d. Sterling.
- Livres 4, Sold 8 is a Crown.
- Sold 7 Den. 6 is a Spanish Rial of 6. d. Sterling.
- Sold 90 is a Crown of Gold.
- Ducate in Silver is 4 Livres, 16 S. l. being 6 s. 5 d. Sterling.
- Ducate Current is 4 Livres, Sterling 5 s. 4 d. circa.
- Ducate of Gold is 68 Sold of Gold.
- Lire 3 Sols 1 makes a Rial of Eight.
- Lire 4, 13, 4 of Genoua hath made 1 Ducate in Legorn.
Weights in Genoua.Their Weight is the Pound of 12 Ounces, and the Quintal is 100 l. ditto, which is called the Suttle Quintar, and the Gross Quintar is 150 l. thereof is 157½ l. suttle Venice, and this Gross Quintar agrees with the Gross Weight of Venice, between which two places these Notes have been observed, that 100 l. Suttle Genoua makes Suttle in Venetia 105 l.
100 l. Gross Genoua is Gross Venetia 100 l. Suttle 157½ l.
The said 100 l. hath made in London 71 l. circa, and 92½ Legorn.
And the 150 l. their Gross Quintar is London 105 l. circa.
And the 112 l. London hath made here 143 l.
And by proof 100 l. in Florence hath made here 109 l.
The Gross Quintar is 150 l. of 18 Ounces per l. by which is sold Cottons, and Cotton-Yar [...], Cummin, and Anniseeds, Honey, Rice, Brass, Lead, Tin, Soap, and Woolls, and some other Commodities.
[Page 215] Measures in Genoua.Their Measure of length is the Cane containing 9 Palms, which 9 Palms have made 4 Braces of Florence, and the Measure is for Silks and Stuffs, but 10 Palms in Linen makes a Cane, and is in Florence 4 Braces, and the said Cane by observation hath made in Venice 3½ Braces of Cloth, and 3 11/16 of Silk Braces, and upon the 100 Palms have been made these observations, and to have rendred
In | London | 27 | Yards. |
Anvers | 34 | Ells. | |
Frankford | 43 | ||
Dantzick | 23¾ | ||
Vienna | 30½ | ||
Lions | 21 | Aulns. | |
Paris | 19 | ||
Rouen | 18 | ||
Lisbon | 20¾ | Vares. | |
Sevil | 28 | ||
Madera | 21 | ||
Venice | 37 | Braces. | |
Lucca | 41 1/20 | ||
Florence | 42 | ||
Millan | 47 |
1 Cane is in Barcelona 1⅗ Canes.
9 Palms in Genoua is in Florence 1 1/16 Canes.
1 Cane in Genoua is in London 2⅞ Yards.
Note that it hath been observed, that five Palms hath made almost an Ell English, or 25 Palms 6 Ells and ½, and 100 Palms thus is 26¼ Ells, and 50 Yards have made here 17 Canes.
Of Corn. Corn is here sold by the Mine, whereof 64 make the 100 Saches at Pisa, and 100 Mines make 137½ Staios in Venetia, and the Mine pays 6½ Sols for Custom in Genoua, and weighs 170 l. and half a Mine is called a Corno, the quarter of Harwich measure hath made here 2½ Mines, but the London quarter not so much.
Of Oil. Oil is sold by the Barrel, 7½ Barrels making a Neapolitan But, called here Botta dimena.
Of Wine. Wine is sold by the Meserole, and 5 Meseroles is a Botta dimena, and 2 barr. make 1 Meserole, which is also 100 Pints, so that 500 Pints of Wine make a Botta dimena.
All Goods entring into Genoua pays for Consolato of the River 6 Deniers per Livre, and is by the Buyer, according to the price bought, if a Contract be not made with the Seller for discharging of it.
And he that Lands Commodities here in his own name, and cannot make sale thereof, hath had formerly leave to carry the same out again without paying any Charges; but this Privilege is now disannulled.
Many Silk Fabricks are here made common with all Italy, the principal being Velvets, watred Chamlets, &c. sold by the Pound weight, as is usual through Italy.
Exchanges.This City is famous for the Exchanges here practised, as doth more fully appear in the Chapter of the Exchanges here in use, vide Chapter 279, and so forward, where all Circumstances are inserted. And now to Lucca.
CHAP. CLXXV. Of Lucca, and the Trade thereof.
Lucca, and the Trade thereof. LUcca is the principal City of this Republick, and is pleasantly seated on the River Serchio, in compass about three Miles in a Plain, the Walls being adorned with Trees, make the City appear to the Travellers to be in a Wood, till approaching near, the Bulwarks give testimony of her strength, and that these Trees are planted on the Walls, where the Citizens in Summer walk for shade▪ It doth wholly consist upon the Fabricks here made of Silk, such as is Damasks, Satins, Tassaties, &c. which hence is vended in Forein Countries, which are all sold by the Pound weight, according as it is accustomed in Italy, and as for other matters in Trade, what I observed in 1619. is thus.
Accompts in Lucca.Their Accompts are kept divers ways, some in Livres, Sols, and Deniers of Picoli, as in Florence 12 Deniers to a Sol, and 20 Sols to a Livre; some again in Crowns, Sols and Deniers of Gold, of Livres 7½ per Crown, accounted by 12 and 20, as is abovesaid, but Silks are sold by so many Ducates the Pound; so that to reduce Ducates into Crowns, the number of Ducates is [Page 216]to be multiplied by four, and divide the Product by 71, adding what may rest with the Ducates, and they shall be Crowns of 7½ Livres.
Note, that to bring Ducates of Florence, or as they term them, Piastres, of seven Livres the Ducate, into Crowns of Gold of Florence, of 7½ per Crown, divide by 15, and subtract the Quotient from the sum divided, and the remainder is the demand.
Again, to bring Crowns of Gold of Florence, of 7½ into Ducates of 7 Livres, divide by 14, and the Quotient added to the sum divided will answer your desire.
Again, to bring Livres of Lucca into Crowns of Lucca or Ducates of Florence; take the sum of Livres, and add as many more unto them, the Product being divided by 15, then the same are Crowns of Lucca of 7½ Livres; I say, Livres for Crowns and Ducates of Florence, of 7 Livres per Ducate, for that the Crown of Lucca and Ducate of Florence are all one in value, but in the Livre of Lucca and in that of Florence is some difference, because the Livre of Florence is 7½ per cent. greater than that of Lucca. Note also, that 75 Bolonins make a Florence Ducate of 7 Livres, and 79 Bolonins make a Lucca Ducate, by which they account in sale of Silk.
The Crown is commonly thus charactered | C. |
The Piastre or Ducate is thus | D. |
The Livre is thus | L. |
The Sol is thus, and the Denier | d. |
Monies in Lucca.Their Monies common is that of Florence Current, called Bolonini, the Crown of Gold is 7 Livres, 10 Sol in Picoli as at Florence.
The Ducatoon is worth 7 Livres, and is called the Crown of Silver, but the Exchanges are made by Ducatoons, Sols, Deniers, as more fully doth appear in the 283 Chapter of Exchanges practised in this City, to which in that particular I refer you.
Weights in Lucca.They have in Lucca two weights, one of the Ballance weight, whereby all Goods are bought and sold, and the other whereby Merchants do pay the Customs, wherein is about 12 per cent. difference. The Ballance pound is 12 ounces, 100 l. whereof hath made in Lins 72½ l. The Customers pound is also 12 ounces, 100 l. thereof hath rendred in Lions by tryal 81 l.
The Ballance 100 hath made in Florence 97 l.
Measures in Lucca.The Measure of Lucca is a Brace, which is 23 Inches of London, and two Braces hath made an Auln of Lions, and upon this 100 Braces have been made these Observations, that it rendreth
In | London | 50 | Ells. |
Antwerp | 83⅓ | ||
Frankford | 104⅙ | ||
Dantzick | 69⅙ | ||
Vienna | 72½ | ||
Lions | 50⅚ | Aulns. | |
Paris | 47½ | ||
Rouen | 43½ | ||
Lisbon | 50 | Vare. | |
Sevil | 67½ | Vare. | |
Madera | 51½ | Vare. | |
Venetia | 90 | Braces. | |
Florence | 102 | Braces. | |
Millan | 115 | Braces. | |
Genoua | 240⅓ | Palms. |
Accompts of Sale of Silks in Lucca. Silks have been thus sold in Lucca.
Damasks were sold at 4 Ducates and 18 Sold the Pound.
Sattins were sold at 4 Ducates, and 14 Sold the Pound.
Rich Taffeta sold at 4 Ducates 16 Sols the Pound.
It is here to be noted, That in Lucca there is paid ¼ more for the colours than for Blacks, therefore the Custom is to add for the colours that are in the parcel ¼ to the Weight, reducing them all to one Weight and Price, as if they were all Blacks: where also is to be observed, That Crimsons and Carnations pay to ½ Livres over and above the ¼ before mentioned, but being mixt with other colours, and that either the Ground or the Flower (as in Damath) be of another colour, then they pay but the half of 10 Livres besides the above-mentioned ¼ or fourth in Weight.
[Page 217]Moreover for the most part of those Silks made here, they are generally reduced to 7 Braces per l. either Sattins, Double-Taffataes, or Damasks, and if they pass 7 Braces, they are held advantageous to the Buyer in the Measure; if under 7 Braces, they are held the richer, and of less advantage to the Buyer; the principal observations may be collected to lie in the richness of the colour, and the goodnes of the Silk.
CHAP. CLXXVI. Of the Weights of Italy reduced to the Weight of London.
Weights of Italy reduced to London.HAving thus run through many particular Cities of Trade in Italy, and therewith noted the particular observations that have come into my Hands, appertaining to the Trade of those places, I judge it expedient ere I leave it, to Collect herein the Weights and Measures of these and other Cities, as I find them observed by industrious Hands; and because they are there calculated to the Stadard of sundry places one of another, I hold it fitting to reduce them to the English, wherefore I will take the London 100 l. Suttle for the denomination which I intended here to make use of, which I have noted to make according to these Observations:
The 100 l. of London hath made in | Rome | 227 | l. |
Florence | 121 | of 12 Ounces. | |
Bollonia | 51 | of 30 Ounces. | |
Millan | 137 | of 12 Ounces most used. | |
Pavia | 137 | of 12 Ounces being 13 of the other. | |
Cremona | 58 | of 28 Ounces for Flesh. | |
Recanti | 132 | ||
Ditto Gold-Thread | 108 | ||
Verona | 86 | for Gold-thread 137 l. | |
Bressia | 177 | for Venice-Gold 131 | |
Naples | 115 | for Venice-Gold 129 | |
Savoy | 132 | by small Weight 188 | |
Carpi, Mirandola | 141 | l. incirca. | |
Parma, Placentia | |||
Lucca, Mantua | |||
Friuli, Carmia | |||
Aquilla, Crema | |||
Como, Piedmont | |||
Raviano | 127 | l. | |
Fuensa | |||
Modena | |||
Rimno | |||
Ravenna | |||
Ragusa | |||
Candia | 123 | l. for Gold-thread. | |
Or else | 81 | Rot. the 100 is a Cantar. |
Measures of Italy reduced to London.The Weights thus reduced, I will also in the same method reduce the Measures of Italy to the English-Yard, the 100 whereof is found to answer in these places thus.
The 100 Yards of London are in | Venetia Woollen | 135 | brac. | |
Istria | 135 | |||
Piran Silk | 142 | |||
Florence Silk | 163 | |||
For Woollen | 155 | Ells. | ||
Rome | 44 | canes. | ||
Ditto for Woollen | 140 | bra. | ||
Lucca | 160 | |||
Ragusa | 160 | |||
Ferrara | 142 | |||
Mantua | 142 | |||
Ancona | 142 | |||
Bolognia | 142 | |||
Modena | 142 | |||
Parato | 142 | |||
Cesena | 142 | |||
Carpi | 142 | |||
Mirandola | 142 | |||
Verona | 139 | |||
Ditto Cloth Gold | 144 | |||
Ditto Cloth | 115 | |||
Trevira | 135 | |||
Bergamo | 135 | |||
Urbino | 135 | |||
Pesaro | 137 | |||
Ditto for Cloth | 142 | |||
Calabria | 44½ | canes. | ||
Candia | 144 | pich. | ||
Parma | 145 | br. | ||
Ditto for Cloth | 121 | |||
Ravenna | 155 | |||
Corfu | 155 | |||
Genes | 163 | |||
Ditto for Silk | 384 | pal. | ||
Wollen at 9 pal. | 81½ | can. | ||
Linnen at 10 pal. | 38½ | |||
Vicentia Woollen | 131 | bra. | ||
Ditto for Silk | 107 | |||
Naples | 145 | canes. | ||
Ditto for Silk | 44⅓ | |||
Padua Cloth | 135 | bra. | ||
Ditto for Silk | 109 | |||
Millan for Linen | 160 | |||
Ditto for Silk | 188 | |||
Ravenna | 149 | |||
Bressia | 135 | |||
Croma | 135 | |||
Recanti | 135 | |||
Cremona | 135 | |||
Lacaia | 135 | |||
Palermo | 45½ | canes. | ||
Puglia for Cloth | 41 | |||
Ditto for Silks | 44 | |||
Zara | 149 |
These are such as I have collected, the truth whereof I must refer to the better Experienced; for I am not ignorant, that some of these agree not with the particular recited Chapters of the Trade of the said places, yet notwithstanding, finding a reasonable ground of the said Observations by other Judgments, I have willingly passed them here in the same manner, which I reser to better tryal.
CHAP. CLXXVII. Of the Trade in general of Italy.
The Trade in general of Italy observedNOw having run through the principal places of Traffick in Italy, in the particular, let us note a word or two in the general, concerning not only the Traders, but also Navigatioa, which is seen in many places to be a means whereby Trade it self is preserved and performed.
In Italy then not only the Gentlemen, but even the Princes entitled do profess themselves to be Merchants, without any indignity to their quality or place, which many of our Country Gentiles and Nobles (with leave may I speak it) foolishly disdain, and only permit retailing of Goods to Men of the inferior sort, and Shop keepers, but retain yet the gross ever in their own and Servants hands, and by this course they are found not only to keep the Patrimonies descended to them by their Ancestors, but also are daily found to encrease the same, while our Gentlemen prodigal in Expence, and ashamed to make honest Gain, and exercise an honest Calling, oftentimes not only destroy their Families, but ruin themselves, and not seldom their Posterities. Among the Merchants of Italy then, the Venetians are the chief, who in times past enjoyned every Ship thence departing in Trade to carry one of their Gentlemen or Clarissimo, who was allowed him his Diet and Passage; but this wisdom of their Ancestors is now laid aside, and the charges thereof which is still collected, is in every such Vessel begged by some poor Clarissimo or other, so that their Traffick and Navigation is thereby much decayed, and the Mariners and most expert of their Seamen imployed in their shipping are for the most part Grecians.
The Florentine is the next, the Duke whereof is here to be remembred, who is the most eminent Merchant, and here not seldom imploys his own and others Ships for Corn, Salt, or other necessary Provisions for his Dukedom and his own store, thereby incouraging his Subjects to Trade and adventure abroad: two principal things are observed which do much enrich the Merchants of Italy, the first is their frequent Exchanging, wherein they are the best versed in the World, the other is the Trade of their Silks, wrought by the industry of the Silk-worm, which wrought into fabricks are thence dispersed throughout Europe, and some parts of Asia, but these are fetched from them by others, and not Exported by themselves, partly by the over great affection that they have to their native Homes, and the little defire they have to Travel abroad, but principally for want of good Ships of burthen, for excepting some few Vessels in Venetia, Naples, and Legorn, all the Merchants of Italy cannot shew a Ship of 100 Tuns.
Naples is a large and rich Country, and Genoa rich, though of little extent, yet the great number of Nobility in the former, and the great Usury practised in the latter, hath reduced them to a neglect of all Trade, except what the bosom of their Country doth naturally vend, that they Traffick with; and these being in themselves rich, induce other Nations to bring them those few things they want; for though Italy as it now stands, acknowledgeth many Soveraigns, yet one Country supplying another, stands in need of little from Foreigners, so that it may be said, while they have Peace they have Plenty; some Provisions of Fish, Corn, and Cloth, England doth furnish them, and in return have only their Silk Fabricks, Oils, and some few other Commodities, so that putting aside the Trade driven thither by the English, as being of greatest consequence, the Trade of the Spaniard, French, or Dutch, is but small, and but of little moment amongst them; which in particular may be thus surveyed; for Venice I have given you the Anatomy of the Trade thereof, now in the wane, and almost at the last breath, save where it is preserved by their new devised Edicts, and the natural growing Currans, and by their small Trade to Constantinople, Cairo, and Aleppo by Sea, and to Austria, Dalmatia, Istria, Italy, and into the upper Germany by Land: The next part of this Trade of Italy is challenged by Naples, which in it self affords rich Silks, Corn, Oil, and Wines, with which they seem to be contented, for they covet not much to Traffick among themselves, nor yet with others further than for their meat, and drink, and clothing, which to the poorer sort is most wanting.
The Papacy. Her share in the Trade of Italy is not worth the nomination, no more is Mantua, Urbin, and those other petty Signiories. The Tuscans rightly demand a part, and it shall be granted them, both in their Florentine Fabricks, and in their privileged Town of Legorn, but I may fear it will not last long, for the Dukes growing both rich and covetous, and daily encroaching upon those Liberties, at first liberally given to Strangers Merchants in Legorn, and who every day are seen to lay some new petty Duties upon the Goods there: as for Genoa, were they as truly wise for the good of their Common-wealth as they are found to be to themselves, they are of ability to do better, and to have that Trade their Neighbours now deprive them of. [Page 220] Milan likewise struggles for interest herein; and shall have it by my consent, but it shall be only in their Iron works, which the Cantons serve themselves with, and in their Fabricks of Silk, which Lions doth help them to vend. Lucca may be offended in my silence, but this Cities Peace may further that Trade, which otherwise her own or her Neighbours Wars would utterly ruin, you may see then of how many parts and members this rich and pleasant Italy is composed, and how the Trade thereof stands at this instant; it enjoyeth a general peaceable and quiet inland Traffick, consisting for the most part more of branches bred within her own Bowels, than of forein helps; their natural growing Corn, Silk, Grain, and Oil, induce them thereto, and the benefit practised by Exchangers induce the rich to use that Trade only and no other, wherein I will for this time leave them, and in the next place turn my Head and Hand to the Surveying of the Netherlands.
CHAP. CLXXVIII. Of Flanders, and the Netherlands, or the Seventeen Provinces, and their Cities.
The Seventeen Provinces and the Cities thereofI Will here for good Method sake in the first place take a view of the 17 Provinces, which are found this Day to contain 4 Dukedoms, 1. Limburg, 2. Luxenburg, 3. Gelderland, 4. Brabant; then 1. Marquisate, which is of the Holy Empire; next 7 Earldoms, which are 1. Flanders, 2. Artois, 3. Heinault, 4, Nemurs, 5. Zutphen, 6. Holland, 7. Zeland; and lastly 5 Baronies, 1. Westfriezland, 2. Utrecht, 3. Overysel, 4. Machlin, and 5. Groning, of all which briefly.
Limburg.In the Dutchy of Limburg, Liege.which I account the first Province, is Liege or Luyck as the principal City, whose Trade I must refer to the better experienced in these Countries, and the like for the City of Limburg seated on the River Weser.
Luxenburg.In the Dutchy of Luxenburg, the chief City being Luxenburg, seated on the River of Elze, in this Country is the famous Waters of Spaw, where many sick Men are found to drive a great healthful but costly Traffick: Sedan.here is also Sedan, the Seat of the Duke of Bulloin, but of small Commerce.
Gelderland.In the Dutchy of Gelderland Nimeguen.the chief City is Nimeguen, seated on the Branch of the Rhine, called the Whale, and doth much abound in Cattel, as affording fit Pasturage thereto.
Brabant.In the Dutchy of Brabant, I find noted many principal Cities, Lovain.as first Lovain, Bruxels.the second Bruxels, the third is Bergen ap Zome, Mastricht.the fourth Mastricht, Breda.the fifth Breda, in all which is found by the industry of the Inhabitants a reasonable Traffick; but being ignorant in many necessary particulars, I will also refer it to the more learned and better experienced,
Marquisate Antwerp.In the Marquisate is found Antwerp, by which all the former Cities are governed in Trade, which by reason of the greatness of the Traffick in times past, was therein accounted the first and principal of the known World, wherein I shall observe according to my former method, these necessary particulars of Traffick following.
CHAP. CLXXIX. Of Antwerp, and the Trade thereof.
Antwerp, and the Trade thereof. ANtwerp is accounted the principal City of Trade that is subject to the Arch-Duke in all these parts, and having had the Prerogative above all others in times past; neither yet to this Day, being so decayed, but that in many particulars it giveth Rule to all, or the most of the neighbouring Cities round about, which considered, to abbreviate my task, I think it will not be improper that I comprehend the Trade of all those Provinces that are under the Government in this Circuit to this particular City.
Antwerp then being seated upon the River of Scheld, which by eight Channels cut, runneth through this City, is conceived to be eight Miles in compass; some of these Channels being able to hold 100 great Ships, which made the same more commodious for the Transport and Carriage of Wares to any part thereof. The former and ancient Trade of this City was great and eminent, and occasioned, as some have observed, by three means, and had its decays also by three occasions. First, by reason of two free Marts holden yearly, continuing five and forty days, during which time, no Man either in his Person or in his Goods could be Arrested or molested for either Debt or otherwise. Secondly, by reason that the King of Portugal having discovered the East-Indies in Anno 1500, and diverted the course of Trade driven by the Venetians from Alexandria, and the Red-Sea to his Port of Lisbon, kept here his Factors, and sent hither those Indian Commodities to seek their vent, and this first drew the English Merchant-Adventurers [Page 221]from Bruges hither to reside. The third was the Wars that fell between the French and Charles the Fifth, which brought hither many Gentlemen from Villages and petty Towns for safety sake here to reside and build. Now as the causes of her rising have been noted to be three, so the causes of the loss of that Trade may be reduced also to three.
First, the Wars here, and in general in these Provinces between the Spaniards and the Dutch Nation, wherein this City suffered pillaging, and indured the command of new Laws.
Secondly, the abrogation of part of those Privileges that were granted here to the English Merchant-Adventurers and others, that the new and great Customs imposed upon their Goods and Merchandize.
Thirdly, the Navigation of the English and Dutch to the East-Indies, whereby the Portugal Factors decreasing thereby, and the City of London in England, and Amsterdam in Holland increasing thereby, were also sharers in the India Trade and Commodities, leaving by this means this City bare, and to subsist upon the Traffick of her own Inhabitants, in that nature as now the same is found to be.
Accounts in Antwerp.Their Accounts are here kept by Livers, Sol and Deniers, which they term Pounds, Shillings and Pence of grosses, 12 grosses making a Sol, and 20 Sol a Liver or Pound Flemish, which may be accounted 12 Shillings Sterling, or by their computation 240 grosses, by which Species they do make their Exchanges with all other Cities.
Coins in Antwerp.The Current Moneys here, and in general, through all the Arch-Duke's Countries are, besides the Spanish and Imperial, these current are Doits, four makes a Stiver, and ten Stivers a Shillings Sterling, two Blanks makes a Stiver and half.
Stivers 6 makes a Shilling Flemish.
Stivers 28 makes a Guilder, which is three Shillings four Pence Flemish.
Shillings 20 makes a Pound, which is 6 Guilders.
Pounds 100 Flemish makes 60 Pound English, so that 20 Stivers is or may be computed for two Shillings Sterling, and one Pound Flemish for 12 Shillings Sterling, and then 20 Shillings Sterling is 33 Shillings 4 Pence Flemish.
Weights in Antwerp.The Weight of this Country is the Pound of 16 Ounces, and the 100 l. of that Pound which is their Quintar, which rendereth in London 104 l. The conceived original of our Tret in London.and thereupon it comes as some imagine that upon Spices the tret of 4 l. upon 104 l. was allowed here to the Buyer; for the English being supplyed hence in those days with their Spices, found the 100 l. there to give here in the City of London 104 l. and made that allowance here willingly, as desiring the 100 l. there, would yield them a neat 100 l. here, and take the same by the Factory without further allowance or garble, which was not then in use.
Many observations have been made upon the weight and measure of this City, which being reduced into a general Table by Mr. Malines, and the same being there accorded with all the principal Cities in the World, I will refer you thereunto for larger satisfaction, and content my self according to my method to insert the same as I find it, with some other particular places, because I have found some errors in the said Concordance.
Weights of Antwerp compared with that of other places.The Weights then in use in Antwerp, being the 160 l. neat, have been observed to have rendred thus,
In | London | 104 | l. |
Marselia | 115¾. | ||
Venice sotile | 155 | ||
Ditto gross | 97¾ | ||
Sicilia | 68 | ||
Lisbon | 84½ | ||
Florence | 132½ | ||
Lions | 110 | ||
Sevil | 101⅞ | ||
Dantzick | 120 | ||
Ormus | 108 | Rot. | |
Aleppo common | 228 | R. | |
Ditto silk weight | 240 | R. | |
Tripoly Soria | 272 | R. | |
Tripoly Barbaria | 97 | R. | |
Baruti | 219 | R. | |
Alexandria Zeroi | 519 | R. | |
Alexandria Forsia | 1165 | R. | |
Constantinople | 92 | R. | |
Rhodes | 201 | R. | |
Acria | 181 | R. | |
Babylon | 156 | R. |
[Page 222]And what other inlargements are here wanting, I willingly omit, and refer the same to Lex Mercatoria.
Measures of Antwerp, compared with those of other Countries.Now in the same manner it will be needful I do calculate the Measures of Antwerp, which is the Ell, which also by observation hath made in these places.
Acria | 115 | pico. |
Aleppo | 108 | pico. |
Argier | 136 | covad. |
Alexandria | 124 | pico. |
Amsterdam | 101 | ells. |
Barcelona | 43 | canes. |
Bruges | 98⅔ | ells. |
Candia | 108 | pico. |
Castile | 78 | vares. |
Constantinople | 113 | pico. |
Corfu | 116 | braces. |
Damasco | 111 | pico. |
Dantzick | 122 | ells. |
Florence Cloth | 116 | ells. |
Ditto for Silk | 102½ | braces. |
Genoa | 122 | braces. |
Hamburgh | 122 | ells. |
Holland | 103½ | ells. |
Lisbon long | 63 | vares. |
London for Linnen | 60 | ells. |
Ditto for Wollen | 75 | yards. |
Ditto for Frises | 59 | goads. |
Lucca | 120 | braces. |
Millan for Silk | 141 | braces. |
Naples for Silk | 33½ | can. |
Paris | 59 | aulns. |
Rouen | 58 | aulns. |
Sevil | 83½ | vares. |
Venice for Woollen | 101⅔ | braces. |
Ditto for Silk | 108 | |
Valentia | 73 | canes. |
Urbin | 101 | braces. |
Note that this is for the common Measure of Antwerp, besides which they use another El for Silk, and these Ells make of that but 98½ Ells. The other Measure of sundry Commodities here in use are these.
Of Beer. Beer is sold in Antwerp by the Barrel, which is accounted throughout Flanders and Brabant to be 54 Stoops, the 81 whereof is in Dantzick a Fat, and contains there 180 Stoops; but 50 Stoops of Antwerp make the Barrel of Lubeck, and the English Gallon of Beer is 2 Stoops of Flanders, and 1⅔ Stoops of Amsterdam.
Of Corn. Corn is here sold by a Measure called the Vertule, and 37½ Vertules is a Last of Corn in Ansterdam, and 10¼ Quarters in London; vide there further.
Of Wine. Wine is sold by the Ame, the Stoop and the But, and is found thus to accord together; 1 A [...] is 50 Stoops, and one Stoop is six Pound, and a But is 152 Stoops; so that by this Rule 6 Ame which is 300 Stoops, or 1800 l. is in London 252 Gallons, so that the Ame is by this Calculation found to be 42 Gallons, and the Stoop is about 3⅓ quarters of London Wine-measure, or as some account it about 7 Pints; vide London for more certainty.
Exchanges of Antwerp.The Exchanges practised in this place are great, and for very great sums of Money, especially when as the King of Spain hath any general disbursements in this Country, by reason of his continual Armies here in Action, maintained against the Dutch, the particulars whereof I have inserted in the end of this Tract, in the Chapter 289 and in the Chapter 435, and some others following, where I have at large declared the Practice and Use among the Machants of that place, in the Calculation thereof, whereto I refer the inquisitive.
As for the general present Trade of this Country, I shall comprise it with the Trade of the Netherlands, in the 181 Chapter following.
The first Earldom accounted one of the Seventeen Provinces is Flanders, so called peradventure, à flando, as lying open to the Winds, divided into Imperialem Gallicam, and T [...] t [...]nicam.
[Page 223] Gaunt.The chief City of Trade therein is first Gaunt, whose Wall is seven Miles in Compass, the two Rivers of Scheld and Ley running through the same; and makes in it 26 Islands, which are joyned together by an hundred Bridges, and had not her often Seditions ruinated her Beauties, she might have been Queen of all the Cities of Europe; and here John Duke of Lancaster was born, commonly in Histories called John of Gaunt.
Bruges.The second City is Bruges, once the most famous Mart-Town of Europe, where sundry Nations for many years kept both their Magazines and Factors, for the sale and providing of all the principal Commodities of the World, now much decayed of its former Splendour by reason of the removal of the English Merchant Adventurers, and of other Nations to Antwerp, about the year 1503. It is seated about three Leagues from the Sea upon a fair and deep artificial Channel, filled with the Waters of all the neighbouring and adjoyning Streams and Fountains, which Channels in this Country are very frequent by reason of the level of the ground in general, which doth both further the Traffick of the Cities, and enricheth the Inhabitants.
There is in this Country accounted four principal Sea-Ports, which giveth entrance by Sea into this part of Flanders.
Dunkirk.The first is Dunkirk, the Inhabitants whereof do in times of War infest the Seas by the name of Freebooters, and because most of their Wars are with the Dutch, whom they account Hereticks, the Jesuits and other the Romish religious rabblement of this place, joyn with these Pirats, and bestow thus the Charity of the ignorant Secular towards the Ruin and Rapine of their fellow Countrymen and Christians, an evident testimony of the goodness and zeal of their devout Orders. Possessed by the English, and fortified Anno 1657 and 58. Commanded by Lockhart, who published his Declaration as followeth:
- Old Jacobus's at 15 Guilders.
- The new ones or Carolus's 14 Guilders.
- English Shillings 13 Stivers or Pence.
- half Crowns 32 Stivers and 1 half.
- Gold Spanish Pistols 11 Guilders.
- Gold Rials 8 Guilders.
- Gold Soveraigns 18 Guilders.
- Gold double Ducates 12 Guilders.
- Gold French Crowns 5 Guilders 10 Stivers or Pence.
- Gold Hungary Ducates 6 Guilders.
- Gold Albertine 7 Guilders 10 Stivers.
- Gold Reinis-Guilders 3 Guilders 15 Stivers.
- Gold Riders of Zealand 7 Guilders 10 Stivers.
- The double ones and half accordingly.
- Gold Flemish Crowns 4 Guilders 16 Stivers.
- Italian Pistols 9 Guilders 12 Stivers.
- Gold Crown of Liege 3 Guilders 10 Stivers.
- Silver Ducatoons 3 Guilders 15 Stivers.
- Flemish or sealed Pattacoons 3 Guilders.
- Silver Lewis's 3 Guilders.
- Holland Rix-Dollars 3 Guilders.
- The half, &c. accordingly.
- Cardicues of weight 1 Guilder.
- French Testoons of weight 19 Stivers.
- French Silver Franks or Livres of weight 1 Guilder, 7 Stivers.
- The half and quarter accordingly.
- Flemish Shillings 7 Stivers and ½, the ½ Shilling accordingly.
- Zealand Shillings 7 Stivers.
- Flemish Stooters 2 Stivers and ½.
- Flemish ten Stuyvers 12 Stivers.
- Flemish 5 Stuyvers 6 Stivers.
- Flemish Stivers and marked pieces at 1 Stiver, or 4 Farthings.
As also all Flemish and French Farthings are hereby declared to be good; but those of Liege, and all others for Bullion, provided that no Man be obliged to take more of the said. Flemish and French Farthings, than after the proportion of five Pence in ten Shillings, or six Guilders.
And whosoever shall presume either to pay out, or receive the fore-mentioned pieces of Monies at higher rates than those here exprest, shall forfeit the said pieces of Monies, and four times the value thereof.
[Page 224] Scluse.The second is Scluse, seated at the Mouth of the Channel of Bruges, commanding a fair Haven capable of 500 Sail of good Ships, and is now subject to the States, and was taken from the Arch-Duke Anno Dom. 1604. with whose welfare it cannot stand to suffer the King of Spain to enjoy any safe and large Harbour in those Seas, or adjoining Coasts.
Nieuport.The third Port is Nieuport, famoused in these our days by the great Battle fought near it Anno Dom. 1600. between the Arch-Duke Albertus and the States, the Victory being acknowledged to be gotten next under God, by the Valour and Courage of the English and their valiant Commanders.
Ostend.The fourth Sea-Port of this Country is Ostend, which held out a Siege against the Arch-Duke of three Years and three Months, which hath made it for ever famous to Posterity.
Lisle.In this Country of Flanders, properly belonging to the French, and whose Language is therein still used, is found the Cities of Lisle, accounted the third Town of Traffick in all the Netherlands, and to the Inhabitants thereof, some infer the first Invention of laying of Colours with Oil, of making of Worsted-Says, and many other Stuffs, which to this day are seen to come thence.
Next is Doway an University.
Tournay.Then Tournay, which was surprized and taken by our Henry VIII. Anno Dom. 1513. to whom the Citizens paid 100000 Crowns for their Ransom, and it was restored afterward to the French for the same 600000 Crowns, and from him finally taken by Charles V.
Besides these, there are accounted in Flanders 35 Towns, and 1178 Villages of lesse [...] note, which I willingly pass over briefly, as intending to comprehend the Trade thereof in a Chapter by it self.
Artois.The second Earld om is Artois, containing twelve Towns of consequence, and 750 Villages, the chief whereof is,
The Town of Arras, whence our Tapestry and Cloths of Arras have had their Invention and first Original.
S. Paul.Then Saint Paul, the Earl thereof, Lewis of Luxenburg, played so often fast and loose with Lewis XI. of France, with Edward IV. of England, and with Charles of Burgundy, that he kept them for many Years at continual strife, which Duke Charles at length requited with the loss of his Head and Earldom.
Heinault.The next Earldom is Heinault, comprehending 950 Villages, and 24 Towns of Note.
Cambray.The most eminent being Cambray, taken by the Spaniards from the French by the Earl of Fuentes, Anno 1595. accounted a Free Town. Then Mons.
Beauvais.The next is Beauvais, at a Pillar whereof begin all the ways leading into France, made all of paved Stone by Brunhault the French Queen.
Namure.The next Earldom is Namure containing 180 Villages, and but 4 Towns of Note.
Namure is the Principal: this Country hath for Merchandize great store of Grain of all sorts, and is inriched with Mines of Jasper, and all sorts of Marble, and so abundant in Iron that it is incredible, making the Inhabitants thereby both Wealthy and Laborious, and it is found moreover to produce a Coal wonderful in Nature, as kindled by Water, and quenched by Oil.
Zutphen. Zutphen is the next Earldom, being only a Town seated on the River Issel, of good strength, taken from the Spaniard, Anno Dom. 1590. at the Siege whereof was slain that Honourable Knight, Sir Philip Sidney, of whom was said,
Holland.The next Earldom is Holland, in Circuit 180 Miles, no part of which is distant from the Seas three Hours Journey, and comprehendeth 400 Villages, and 23 Towns.
Dort.The chief whereof is Dort, where Anno 1618. was held a National Synod against the Arminians.
Harlem.Secondly, Harlem, where Printing was invented.
Thirdly, Leyden, an University consisting of 41 Islands, to which there is passage, partly by Boats, but principally by 40 wooden Bridges, and by 110 of Stone, the rarity whereof, being the first City of consequence I noted in these parts Anno 1625. I could not chuse then but admire; and here in this Town is a Castle said to be built by Hengist the Saxon at his return out of England, if their Stories may be credited.
[Page 225] Delph.The next Town is Delph, a place of Residence for the Merchant-Adventurers of England, where I was, Anno 1625, admitted into that Society, whose Welfare I am bound to desire, and whose Prosperity I wish may still increase: and tho these Citizens have since upon some discontent forc'd them to remove to Roterdam; yet considering the Town is composed altogether of Brewers, and that Men so qualified are apt to forget themselves, it may be imagined they have since slept upon it, and would peradventure regain their Companies at a greater Charge than can by any but by their Wisdoms be imagined.
Alkmer.The next is Alkmer, famous for the Defeat which the Duke d'Alva received before it, to his great Loss of Reputation, and to this City's Honour.
Roterdam.The next is Roterdam, famous for the Birth of Erasmus, and noted for Lovers of the English Traffck, in giving lately free and worthy Privileges to the Merchant-Adventurers of England, who from Delph lately removed hither to reside, to the future Prejudice of those Brewers.
Amsterdam.Lastly, Amsterdam has now the Honour of all these Countries for matter of Commerce and Traffick; it hath raised it self to that height of Trade by the Industry, Policy and Wealth of the Inhabitants, that 1000 Sail of Ships have been seen at one Tide to go in and out, and as one of their own hath it,
Now for the Manner and Matter of their Traffick, I shall note the same, such as I have observed it at my Residency there, in 1625, above-mentioned.
CHAP. CLXIII. Of Amsterdam, and the Trade thereof.
Amsterdam and the Trade thereof. AMsterdam is now, by the late Addition of the New to the Old, a fair City, strong and beautiful, the River Tay flowing like a large and calm Sea on the North-side thereof, and the River Amster, of which and the Word Dam this City is named, running from the South through three Lakes entreth this City, and passing through it, falleth into the River Tay on the North-side.
This Town doth consist of 5 principal Streets, through which the Water doth run, and are divided therewith, in which Ships, Barges and Boats of all kinds are found both to come and go continually either to lade or unlade, which is not only beneficial to the Inhabitants, but also commodious and beautiful.
The Trade of this City is much inlarged since the Passage of Antwerp was stopt; and the Trade of the Inhabitants to the East and West-Indies, occasioned by their Industry, their Love to Navigation, and not the least by a great Plenty of Moneys, which they deliver out at easie rates at Interest, as wanting Land or other means to put out the same to better Benefit, nothing being loft them but Commerce and Navigation to imploy the same; and of late days England and other neighbouring Countries are found to have their Estate going at Interest, according to the Custom of the place, which is 8 per cent. whereas in their own Countries 4 and 5 per cent. is as much as the same will yield them.
But for the Coins, Weights and Measures, as I observed them I shall here insert, and refer the rest to the better experienced.
Accounts in Amsterdam.They keep their Accounts as in Antwerp, by which all these Parts were regulated in former times for what concerned Traffick.
Moneys of Amsterdam and all the Netherlands.Their Moneys have also a Correspondency with Antwerp Coins, but inhansed or debased as they see occasion, by reason of their great yearly Disbursments, and ordinarily the same is found to be as in the Account of Antwerp; so as that their Livre or Pound, which is twenty shillings Flemish, may be accounted twelve shillings sterling.
Florins 6 make that Pound of 20 stivers per Florin.
Stivers 120 make a Pound of Gross.
6 Stivers a Flemish shilling.
Stivers 5 are accounted as much as 6 d. sterling, or 5 Sold Turnois.
Stiver 1 is a Sold Turnois.
A Gross is 6 Deniers Turnois.
Carolus gulden is 20 stivers, 2 shillings sterling, or 20 sols Turnois.
[Page 226]Besides these, as the Current Moneys of the Countrey, All Coins of Europe do pass here currently for their Value, and are received and paid in Payments for Merchandise accordingly.
Weights of Amsterdam.Their Weight is the Pound, 100 whereof makes their Quintal, which 100 or Quintal is held in London to be incirca 111 l. English; yet some allege that the same truly calculated will not produce above 108 l. suttle, and for the Concordancy see further.
Measures in Amsterdam.Their Measure is the Ell, which reduced to Yards English, is found to be 134 Ells for 100 Yards of London, and the 100 Ells of London are here 167½ Ells; so that the 100 El [...] here, makes in London about 74 Yards, or 60½ Ells incirca, and 40 Flemish Ells make in England 24 Ells.
Exchanges in Amsterdam.In the Exchanges this place is governed by Antwerp, rising and falling according to their present Occasions and the Value Current of their Moneys, which is often inhansed and debased, it being very frequently observed in this City, and the rest subject to the Netherlands or to the United Provinces, that when they have occasion of great Receipts, they are decryed in value, and raised again where they have occasions by their Wars or otherwise, of great Disbursements, according to which diversity of needful Occasions, the Exchange of the place is observed to alter, therefore therein cannot be prescribed any direct Rules, tho for the most part it is found by common Difference to be about 3 per cent. worse than the Exchanges practised in Antwerp.
Weights of Amsterdam with other Cities.Now for the 100 l. weight here in use, I find the same thus, by observation of some Friends, to answer and agree with these Places, as
In | Antwerp | 107 | l. |
Conixburgh | 132 | ||
Constantinople | 93 | Rot. | |
Copenhagen | 102 | l. | |
Dantzick | 126 | ||
Flanders in general | 117 | ||
Florence | 133 | ||
Hamburgh | 102 | ||
London | 110 | ||
Lions ordinary | 118 | ||
Mantua | 155 | ||
Marselia | 119 | ||
Melvin | 131 | ||
Millan of 12 ounces | 151 | ||
Stockholm | 127 | ||
Venice suttle | 167 | ||
Venice gross | 103 | ||
Vienna | 90 | ||
Naples | 128 | ||
Noremberg | 99 | ||
Paris | 98 | ||
Portugal | 113 | ||
Prague | 93 | ||
Ragusa | 140 | ||
Revel | 126 | ||
Rouen by Viconte | 97 | ||
Rochel small | 118 | ||
Rome | 139 | ||
Santomer | 117 | ||
Saragosa | 119 | ||
Sevil small weight | 113 | ||
Sicilia 1 [...] ounces | 161 | ||
Stralsont | 98 | ||
Tholouse | 118 | ||
Verona | 95 | ||
Urbin | 144 |
And thus much shall serve for the Concordancy of the Weights here used.
Measures of Amsterdam with other Cities.The Measure of Length here in use is an Ell, which thus is found to make with other places, I say the 100 Ells do yield [Page 227]
In | Aleppo | 106 | Pico. |
Argier | 135 | Covad. | |
Alexandria | 122 | Pico. | |
Antwerp | 99 | Ells. | |
Conixburg | 123 | ||
Constantinople | 111½ | Pico. | |
Florence for Silk | 101 | Brac. | |
Genoua | 120 | Brace. | |
Granado | 82 | Vares. | |
Hamburgh | 121 | Ells. | |
Lisbon short | 82 | Vares. | |
Rome | 33 | Canes. | |
Valentia | 72 | Can. | |
London | 59 | Ells. | |
Ditto Woollen | 73½ | Yards. | |
Lions Linen | 59 | Auln [...]. | |
Marselia Woollen | 33 | Can. | |
Middleburgh | 99 | Ells. | |
Millan Linen | 118 | Bra. | |
Noremberg | 118 | Ells. | |
Paris | 58 | Auln [...]. | |
Prague Cloth | 109 | Ells. | |
Ragusa | 118 | Bra. | |
Rouen | 57 | Aulns. | |
Sevil | 82 | Vares. | |
Stockholm | 123 | Ells. |
Besides these Measures of Length, the Concave Measures are in use.
Corn is here sold by the Last, which contains 24 small Barrels, each Barrel 1½ Muydens, or each Muyden contains 1 [...] Sacks, each Sack being three Archetelings, which is 3 [...]1/29 Shepels; so that the Last of Corn contains 108 Shepels, and this last is observed to make
In | Antwerp | 37½ | Vertules |
Bourdeaux | 38 | Boiseaux. | |
Bruges | 17½ | Hoots. | |
Cyprus | 40 | Medinos. | |
Emden | 55 | Werps. | |
Hamburgh | 83 | Shepels. | |
Lisbon | 225 | Alquiers. | |
London | 10 | Quarters. | |
Pulia | 36 | Timans. | |
Rhegium | 42 | Loops. | |
Rouen | 40 | Mines. | |
Rochel | 128 | Boiseax. | |
Roterdam | 87 | Archetelings. | |
Sevil | 54 | Henegas. | |
Sicilia | 38 | Medinos. | |
Venice | 32 | Stares. | |
Sweden | 23 | Measures. | |
Copenhagen | 23 | Barrels. |
For the Measures of Wine, Oyl, Beer, and other Liquid Commodities, I refer you to Malines and others better experienced therein, and proceed forward to the Description of the Remainder of the United Provinces.
Zealand. Zealand is the next and last Earldom of the seventeen Provinces, consisting of seven Islands, the remainder of 15 which the Seas are said to have devoured.
The chiefest Cities of the seven are these,
Middleburgh.First Middleburgh, which from nothing grew great by the residence of the English Merchant-Adventurers, and now, by their removal hence, is almost come to nothing again; by this [...] and Stoad, and many other places, may easily be discern'd the Benefit that a Trade brings to [...] City or Country; therefore my Prayers shall ever be, That London may never lose that great R [...]utation it hath gained by Commerce throughout the VVorld.
[Page 228] Flushing.The next, City is Flushing, famous in that it was the first that the Low-Country Men got from the Spaniard, and being cautionary to the English, Sir Philip Sidney was the first Governour thereof.
Then Brill, Tergouse, Brever-haven, to all which my Curiosity led me in 1625. in that my Northern Voyage.
West-Friesland. West-Friesland is the first Barony, and accounted one of the seventeen Provinces, wherein is found for principal Towns Lewardin.
Next Harlingham, then Zeutsen, and some other Sea-Ports.
Ʋtrecht. Utrecht is the next Barony, containing therein the Towns of Rhenen, Wicket, Amsford, Montford, and Utrecht, the principal City, and a pleasant Bishoprick; it is accounted the most excellent Seat in all these Countries, whereto are found many Ferries for Passages; for it is said, that a Man may easily go hence in one day to any of 59 walled Towns equally distant from this City, or to any of 26 Towns to dinner, and return again at night to bed, which is both strange and true.
Overissel. Overissel is the next, from whence come our Linens bearing this Name; the chief [...] are Swall, Campen and Daventer.
Mailin. Mailin is the next, famous in her famous Nunnery, where are sometimes found 1600 Nuns, who may, at their Pleasure, leave the Cloister and marry, as indeed it is fittest for them.
Groining.The last Province is Groining, The chief Towns being those of Old Haven and Keykirk, and these be all the principal Cities of Traffick in the said seventeen Provinces.
Now for the abbreviating of my Work, I have comprised in short the Weight, Measures and Trade of this populous and rich Countrey thus according to my intended Method.
Weights in general of the Netherlands reduced to the 100 l. in London.The particular Weights and Measures of the chief Cities of these seventeen Provinces for brevity sake I have thought good hereby themselves to reduce to the Weight and Measure of London.
And first for the 100 l. Averdupois of England what it produceth in these Cities.
In | Bruges | 98 | l. |
Gaunt | 104 | ||
Audmarte | 106 | ||
Amsterdam- | 90 | ||
Ypres | 104 | ||
Dixmude | 104 | ||
Lisle or Lile | 106 | ||
Flanders in general | 106 | ||
Abbevil | 90 | ||
Alder | 87 | ||
Lovain | 96 | ||
Malmes | 95 | ||
Halste | 104 | ||
Popperin | 104 | ||
Doway | 106 | ||
Holland | 95 | ||
Tournay | 104 | ||
St. Maur | 106 | ||
Guelderland | 95 | ||
Zeland | 95 | ||
Walsond | 95 | ||
Arschet | 96 | ||
Barow ap Some | 94 | ||
Brussels | 96 | ||
Corterick | 106 | ||
Hartegen bosh | 96 |
Measures in general of the Netherlands reduced to the 100 yards of London.The Reduction of their Measures to the English 100 Yards is thus found to accord therewith, as the 100 Yards in London make. [Page 229]
In | Bruges | 126 | Ells. |
Dunkirk | 135 | ||
Gaunt | 130 | ||
Honsooten | 135 | ||
Audemarte | 130 | ||
Ysingham | 130 | ||
Bolduc | 135 | ||
Damme | 130 | ||
Brussels | 135 | ||
Ypres | 130 | ||
Lovain | 135 | ||
Sluse | 130 | ||
Liege | 135 | ||
Mastricht | 139 | ||
Covin | 93 | ||
Lisle or Lile | 125 | ||
Cambray | 125 | ||
Amsterdam | 134 | ||
Doway | 125 | ||
Harlem | 125 | ||
Henalt | 126 | ||
Guelderland | 139 | ||
Overissel | 139 | ||
Middleburg | 135 | ||
Flushing | 138 | ||
Vere | 125 | ||
Romerswald | 132 | ||
Artois in general | 131 | ||
Tourney | 144 | ||
Holland in general | 138 |
CHAP. CLXXXI. Of the Trade in general of Flanders, and of the Netherlands.
Of the Trade in general of the Netherlanders and Flanders.NOW let us consider the general Trade and Navigation of Flanders, I mean first that part thereof as is subject to the States, and called the Netherlands, and then the Trade of Flanders, as at this day it is observed and found in obedience to the Archduke. First then, these Netherlanders, or Dutchmen, are of late years become notable Mariners, and have undertaken and fortunately atchieved many dangerous and long Navigations; every particular City having both many and great Ships belonging thereunto: And in some places, where Houses are dear and scarce, I have seen whole Families live in Lighters, and such Vessels, wherein they eat, drink, and sleep, and have their continual Habitation, their Children, like Water-Rats, seen continually dabling in the Water, of which Element, for the most part, their Country is subsistent. They are accounted better for Northern Designs and Voyages, by reason of their Country's cold situation, than for Southern; yet their late Trade to the East and West-Indies, and their good Successes there, demonstrate they can also accommodate themselves to the hotter Climates.
Their Trade is generally throughout the World, in imitation of their Neighbours, the English, whose steps for many Years they have followed; only in Turkey they have but small Traffick, by reason their Countrey wants those Commodities that are fit and proper for that Empire, such as Cloths, Lead, Tin, the main Staple of the English Trade thither.
As for their Judgment in Traffick it is singular, by reason their want of many Necessaries both for Back and Belly, enforceth them to pry nearer into Commerce than other Nations that [...] in a more fruitful and fertile Country: and the easie Rates that Money is to be found at interest, addeth some help to their Inventions. They were few Years past accounted of a heavy and duller temper; but the Italians, who in foreseeing Wisdom and Providence, would be throughout the World accounted for Promethei, were by them made Epimethei, as wise after the deed, too late repenting. For when they came first to settle their Trade in Flanders, they took young Youths of that Nation to be their Cashters, and to copy their Letters, whereby they came to learn the Secrets of their Trade, and afterwards, to the Italians great Prejudice, [Page 230]exercised it themselves, and not contented therewith, as it were thus depriving them of the Trade of Flanders, but they follow'd them into Italy, and there living as sparingly as they, and dispersing themselves into sundry Provinces and principal Towns, have given a great blow to their great Traffick in Italy; and that which adds much to their Knowledge and Gain, is, that they covet still to buy all Commodities at the Well-head (as Merchants say) and where that Commodity hath its first original, and where the same is cheapest, and then transport them not so much to their own homes as elsewhere, where the same is dearest, and not shaming to retail any Commodity by small Parts and Parcels, which both English Merchants and Italians disdain to do in any Countrey whatsoever; by which means they are come now to that height, that tho by nature they want all things, yet by Industry and Merchandising, they not only supply their own Defects, but also many of their Neighbours Wants and Necessities, as I could instance in sundry particulars. Neither must I omit one Custom here used, and not found, I think, elsewhere in the World, that whilst the Husband sports idly at home, their Women are oft-times seen to be the Merchants, and, in some Provinces here, sail from City to City, to compass their Affairs abroad, as they for the most part are found to manage it at home: for in their Shops they sell all, and take account of all; and it is no reproach to the Men to be never enquired after in these Businesses of Trade, who take Moneys of their Wives for daily Expence, and gladly so pass their time over in Idleness. Now for as much as Bruges hath been the City where in time past this great Traffick was cohabitant, it will not be amiss a little to look back upon it and those Times, and see the Glory of it in its Lustre then, and the Decay thereof in its Ruine now.
The ancient Staple of Bruges.It is recorded by Jabobus Marchantius, That Lud [...]vicus Crossus, Anno 1323, granted a Staple to Bruges, which his Son Malanus confirmed: which Staple was a Privilege of staying all Forein Commodities in the place, except the Seller and Bringer chose rather to return whence they caine. The original of Burses, of places of meeting for Merchants, which in England is now termed the Exchange.This City hath an eminent Market place, with a publick House for the meeting of all Merchants at Noon and Evening; which House was called the Burse, of the Houses of the [...] tinct Family Bursa, bearing three Purses for their Arms, ingraven upon their Houses, from whence these Meeting places to this day are called Burses in many Countries, which in London we know by the name of the Royal-Exchange and of Britains Burse. Fifteen Nations in the height of this Trade, had each their several Houses or Colleges here, namely the Merchants of England, Scotland, France, Castilia, Portugal, Arragon, Navar, Catalonia, Biscaia, the Hans Towns of Germany, as Lubeck, Hamburg, Rostock, Dantzick, Riga, Revel, and divers other Cities. Then the Merchants of Venetia, Florence, Genoua, Lucca, Millan, and others.
Now then, these Nations having by this means each here a Residence, supplied this City of Bruges with the particular Commodities of their Countries, as first, the Italians they brought Camlets, Grograms, Thread of Silk, Silver and Gold, and Cloths made thereof; also Jewels, Wines of Candia, Allom, Brimstone, Oyls, Spices, and Drugs of all sorts, which they had by their Trade of Egypt, India, Arabia and Grecia. 2. The French brought Salt, Wines White and Red, Paper, Linens, and some Oyls. The English, Wool, Lead, Tin, Beer, and some Woollen Cloths, for Veils for Women used in those days. 4. The Scots brought Skins of Sheep and Conies, and such like. 5. The Spaniards and Portuguese brought Grain for Scarlet Die, Gold, Silver, Raw Silk, some Drugs and Spices. 6. The Germans, Danes and Pollacks brought Honey, Wax, Corn, Sa [...] petre, Wools, Glass, Furs, Quick-silver, Rhemsh Wines, Timber for building, and the like. And 7. Flanders yielded to these Horse, Cattel, Butter, Cheese, Herrings, and other Sea fish, VVoolles and Linen Cloths, Tapestry of great Beauty and Variety, excellent Pictures, and other Manufactures. And by this great Concourse of Nations, Flanders gave the name to all the Netherlands. To increase yet this Trade, Bruges Anno. 1414. got a Privilege, That they who were Free of that City by Gift, Buying, Birth, or Marriage, should be free from all Confiscation of their Goods, which exceedeth the Privileges of any other City in the Netherlands: for those of [...] having the like, yet lose it upon any Force offer'd to the Prince. This Trade thus continued till the year 1485. when it began to decay, partly by the Narrowness and Unsafety of the Port of Sluce, and the River leading from thence to Bruges; and partly by the Fame of the large and commodious River Sceldis at Antwerp, and partly by the Civil Wars then afoot in this Countrey: First then the Portuguese having taken Calicut in the East-Indies, carried the Spices of India to the Fairs of Antwerp, Anno 1503. and contracting with that City drew the Fuggers and VVelfars, two potent German Families of Merchants, thither. After which the Merchants of Florence, Lucca, and the Spinolas of Genoua seated themselves there, as also the Merchant Adventurers of England, Anno 1510. and many other Nations were invited thither by the Privilege of Marriage Dowries, which became Shadows to many Frauds, for when Husbands either brake in their life-time, or be found Bankrupt at death, the Wives are preferr'd to all Debtors in the Recovery of their Dowry. And thus far he sheweth the Rising and Falling of the Trade of Bruges, and how it came to be removed and settled in Antwerp; and how since also it hath been lost and departed thence, I have shewed in another place: and this is as [Page 231]much as I have thought good to insert of the Trade in general of Netherland, concluding, that though the Country be of small extent, and be barren of rich Commodities either to preserve or ma [...]ntain a Trade; yet the Industry of the Inhabitants hath made them potent, wealthy, and great Merchants; and now at this day they traffick to all parts of the habitable World, with the Commodities of their own Countries, which by their Endeavours and Pains they make and purchase to be as if naturally and really the same were their own.
Now for the general Trade of Flanders, so far forth as it is in obedience to the Archduke, or more properly to the Kings of Spain, it must be granted, that it holds not any equality at this day with that part in subjection to the States. Antwerp as the principal City, of which the Flemings did, and might justly boast, is now, as then the chiefest; but the former Splendor is now and long ago lost; for it had the Preheminence, and was one of the chief Cities of Traffick in the World, but is now only the chief of this Jurisdiction. What it could formerly herein challenge, it hath now lost: For if the Trade thereof be well observed, it will be discerned, it looks not so high by many Millions as it did then, the Merchants, the Inhabitants, partal [...]e of one of the Qualities of the Spaniard-Merchant, which they have since their reduction to that Scepter, learned thence, and this is never or very seldom to traffick or adventure their Estates into any other Princes Dominions, but where their Lord is Sovereign. Which Rule found here, as in all Spain for the most part true, and granted, it must be confessed their Trade cannot possbly be of any great consequence: For such is the nature of a free and uncontrouled Commerce, that no Country or Nation how remote or distant soever, can give limit or bound thereto. Whereupon it may be inferred, and as by proof at this day it is found observable, their general Traffick is small, and consisteth more by a laborious Industry of the Inhab [...]tants at home, than by their great Adventures by Sea abroad, their greatest Navigation extending but to Spain, and in some second Adventures thence to India, and that for no great matter, and otherwise they trouble not neither the East nor West, neither the North nor the South parts of the World, no nor hardly as far as into France, England, or into the Netherlands, the nearest Neighbours (when at Amity) for any great matter of moment.
The principal means whereby their small Traffick is now maintained to them, is by their several sorts of cunning and artificial Fabricks and Manufactures, which every Town of any note is notable for, such as are Hangings of Arras, Tapestry, some sorts of Stuffs of Silk, and of Woollen and Linnen; and in Exchanges to purchase which, the English, French, and other the neighbouring Nations bring them Woollen Cloths, and Wines, and some other needful Provisio is which they want to supply their Occasions, and the Necessities of those Armies as are for the most part seen to be sed, maintained and clothed in this Country. Dunkirk their only and best Sea-Port, affords some Shipping, and so poorly set on work by way of merchandising, that they find their best Traffick to consist of Thievery and Boothalling against both their Friends and their Enemies the Netherlanders, which yet they are so far unable really to set out to any competency of strength, that the Jesuits and other the devouter Orders of Friers, are oftentimes induced to set their helping hand thereto, this way oftentimes spending in uncharitable Actions and Blood-shed the charitable Alms of the poor and deluded Multitude: and how well this Trade hath thriven with these irreligious Ecclesiastical Orders, their great Losses by their Reports sufficiently witness to the World.
So leaving the Antwerpians to endeavour the regaining of their lost Traffick, and the Dunkirk Free-booters and their holy Partners to the recovery of their late Damage by some more honest Commerce, I will here leave Flanders, and hence travel further into this Continent, and survey the particular Trade of the famous Empire of Germany.
CHAP. CLXXXII. Of Germany, and the Provinces thereof.
Germany, and the Provinces.HAving briefly run through Flanders, and the United Provinces, and reduced the Trade thereof into two principal Cities, that is to Antwerp for Flanders, and the other Provin [...]es subject to the Spaniards; and to Amsterdam for Holland, and the other Cities subject to the States. I must be constrained in a manner to use the same method in the Survey of the Trade of Germany, reducing their Traffick of the lesser to the greater Cities; the greatest being also not much known to our Nation for any Eminency this way, as being in-land, to which our English (whose Traffick principally consists at Sea, and consequently in Maritime Towns) have but little knowledg of, though otherwise eminent, as being far distant from it. Germany bounded. Germany then is bounded on the West with France and Belgium, on the North with Demnark and her Seas, on the East with Prussia, Poland, and Hungary, and on the South with the Alpes.
[Page 232] Commodities of Germany.This Country doth afford to the Merchant for Transportation many notable Commodities, as Silver, Copper, Tin, Iron and Lead, by their Mines; Corn, Wines, Allom, Quick-silver; Arms of all sorts, divers Manufactures, as Linen, Woollen, Silks, &c. and sundry other Commodities.
Hans-Towns 72.Three sorts of Cities are said to be contained in this Empire; the first are those that are called Hans-Towns, which are such as enjoy large Privileges and Immunities, and are thought to be about 72 in number, and for the most part are found either to border upon the Seas, or be seated upon great and navigable Rivers, being for the most part rich, and of reasonable Commerce and Trade, or famous and noted for some one particular Art, Fabrick or Manufacture.
Imperial Cities 60.The second sort are called Imperial Cities, and accounted free in respect of their great Prerogatives, as in coining of Moneys, and knowing no Lord, but ruled by the Imperial Laws; for which they acknowledge and pay a Contribution yearly to the Emperour, whom they account their Protector, and these are found to be about 60 in number.
Principalities.The third are such as are held by inheritance by some Princes, as are Heidelberg, Vienna, and others, of which are accounted in this Empire incirca ( [...]) and may be called Principalities.
There is also found in this Empire conducing to Traffick (besides the lesser) four great navigable Rivers, that enrich these Hans-Towns, Imperials and Principalities, communicating the Commodities of one City to another, and at last to the Sea-Ports, where the same is last of all vended into forein Kingdoms.
Danubius.The prime whereof is Danubius, which in running 1500 Miles, doth receive above 60 navigable Rivers, and disgorgeth it self into the Euxine or Black-Sea.
Rhyne.The second is the Rhyne, running 800 Miles through Germany and Belgia, disgorgeth i [...] self into the German Ocean; Albis.taking in Albis, which is accounted navigable for 400 Miles, (and some others) and is the third River of this Countrey.
Adera.The fourth is Odera, running 300 Miles in length, issueth out in the Baltick-Sea. Besides which there are many others of note, as Weser, Emse and others, in themselves found to be great Rivers, enriching divers parts of this Countrey, tho far inferiour to the former.
East-Frisland.Lastly, this Empire is found to contain 20 large Provinces, which by reason of my little Insight therein, I will cursorily pass over, and refer the same wherein I am defective to the better learned. East-Frisland is accounted the first Province, wherein are found the Cities of Oldenberg, Ammerdam, and lastly Emden, which, for its former eminency in Trade I cannot so slightly pass over without a word of the Trade thereof.
CHAP. CLXXXIII. Of Emden, and the Trade thereof.
Emden, and the Trade thereof. EMden hath been in times past of far greater Trade than now it is: It was for some years the Seat of the English Merchant-Adventurers, but the Civil Wars about Religion, raised between the Citizens and their Count, was in part the cause of the Decay of the Trade thereof. This City lies in the utmost border of the Empire, and only divided by the River Emse from the Netherland: and by an Inland Sea from West-Frisland, being one of those Provinces. In Summer it is found a pleasant City, but in Winter as if drowned in the Seas, and all the Fields cover'd with Water, makes it to appear as an Island in the Waters. As for the Moneys current, and Form of Accounts kept here by Merchants, I omit that to the place of the Coins and Accounts of Germany in general, but noted hereafter. In the mean time it is to be observed, that the Weights and Measures in use are these,
Weight of Emden.The common Weight of Emden is the Pound of ( [...]) the Quintal or 100 l. makes in London.
Measure of Emden.Their common Measure of Length is an Ell, wherewith they measure Linnen, Woollen, and Silks in general, the 100 whereof hath been observed to make in London 48½ Ells, and the 100 yards of London to have made there about 162 or 163 Ells.
Corn is here measured by the Werp, 55 Werps make 10 Quarters of London, or a Last of Amsterdam; but 61 Werps is here a Last, consisting of 4 Werps great of 15½ Barrels the Werp.
Westphalia. Westphalia is next, containing in it self a large Tract, and producing those Acorns in abundance which feed their Swine, and which affords those Gammons which are accounted so excellent a Dish. The Northern part of this Country is Bremen, wherein is found the Town of Breme as the principal: then Clappenburgh, Exenburgh belonging to the Duke of Saxony. Then Collonia, wherein is said to be the Bodies of the three wise Men which came from the East to worship our Saviour. And this belongs to the Bishoprick of Collen. Here is also Warendorp, and some others belonging to the Bishop of Munster, and Boport, Engers, Coblents, and Triers, belonging to the Bishop of Triers: of the principal of which a word passando.
CHAP. CLXXXIV. Of Breme, and the Trade thereof.
Breme, and the Trade thereof. BReme is one of the Hans-Towns, so called for the Freedom of the Traffick here practised, strongly fortified, five miles distant from the Sea, the River Visurge serving to convey all Commodities hither, as running through the City, Ossenbridge.near which lies that small but well known Town of Ossenbridge, noted for the great quantities of narrow Linen Cloth that is hence conveyed to England and other Countries. It is reported that in this City the Custom was first raised in swearing and inhansing new Comers by Bread and Salt, and of infranchising them into their City, by paying a certain Mulct or Fine in good Liquor to the rest of the Company, which is now a general received Custom in all the Hans-Towns of Germany, and become part of the Traffick thereof.
Weights of Breme.The common Weight of Breme is the Pound of ( [...]) ounces, the 100 l. whereof hath rendred in London ( [...]) pound.
Measures of Breme.The common Measure for Length is the Ell, which agrees with the Ell above mentioned in Emden. But in Ossenbridge it is found, that the 100 yards London make 84 Ells there incirea, and the 100 Ells of London is here in Ossenbridge about 105 Ells.
CHAP. CLXXXV. Of Collen, and the Trade thereof.
Collen, and the Trade; thereof. COllen, commonly for distinction called in Latin, Colonia Agrippina, is a very fair City, whereto is found great Concourse of Merchants; near to this City did Caesar, with incredible Expedition, make a Bridg over the River Rhyne, near which the Town is at present situate, which more terrified the barbarous Enemy than the Report of his Valour. The Archbishop of this City is the second Especial Elector of the Empire and Chancellour of Italy. Here, 'us said, are the Bodies of the three Wise-men which came from the East to worship our Saviour, vulgarly called the three Kings of Collen, whose Bodies were translated, by Helena the Mother of Constantine, unto Constantinople; and from thence, by Eustorfius Bishop of Millan, transported to Millan, finally brought hither by Rinoldus Bishop of this place.
Weights of Collen.The common Weight of Collen is the Pound of ( [...]) the 100 l. whereof hath been observed to have made in London 110 l.
Measures of Collen.The common Measure of Length is the Ell here in use; the 100 Ells whereof have been observed to make in London 60 Ells.
Exchanges of Collen.Here are great Exchanges practised in this City as proper and fit thereunto, by reason of the rich Bankers and Merchants that are found here to reside, the which I have largely declared in Chap. 290. of Exchanges of this place, in the end of this Work: wherefore it will be here needless to insert the same.
Cleveland.The third Province is Cleveland, containing the Earldom of Cleve, the Dutchies of Gulick and Berge; wherein are found the fair Cities of Cleve, Calker, Wesel, Emrick, Aken, Gulick, Dulkins, and others, which I omit for Brevity.
Alsatia.The fourth Province is Alsatia, wherein are found the Towns of Psaltberg, Wesenberg, Colmar, and principally the famous City of Strasburg: of which a Word.
CHAP. CLXXXVI. Of Strasburg, and the Trade thereof.
Strasburg, and the Trade thereof. STra [...]burg is one of the Imperial Cities before-mentioned, seated a Musket-shot from the Rhine, whereto there is a Channel cut for conveyance of all Commodities. There is here also a wooden Bridge over the Rhine, but of no great Strength. The Circuit of the City may be abo [...]t 8 miles, well fortified, and is famous for many Rarities, the principal being their Clock, which cost so many years Labour to perfect, and the Steeple of the Cathedral Church is numbred amongst the Seven Miracles of the World, for its excellent Structure and Beauty. The Courtesie of the Inhabitants to Strangers is not to be forgotten: And here they are accustomed at the City's cost to give all Handicrafts entertainment, that they may either teach if expert, or learn if ignorant; by which means they are found to have confluence of Artisans, which doth both much further their City's Stock, and inrich the Inhabitants.
[Page 234] Weights of Strasburg.In Strasburg are found two Weights, gross and suttle, and by observation it hath been found, that the 100 l. suttle of London hath made here incirca 70 in 71 l. of the gross weight for gross Goods of 16 ounces the Pound: and 107 l. suttle weight of 12 ounces the Pound, by which they use to weigh all fine Commodities, as Drugs and Spices, as Sugars, Pepper, Cloves, Mace, Cinnamon, Almonds, Dates, and the like.
Measures of Strasburg.The Measure of Length of Strasburg is the Ell, which is in London ( [...]) inches.
The Coins current are the Bohemico gross or Blaphace, whichis three Crusters, one Cruster is two Pence, and one Penny is two Hellers, and one Heller is two Orchins, by which Coins they keep their Account. Vide further Chap. 206.
Franconia.The fifth Province is Franconia, divided into eight Parts, the lower Palatine is the first part, wherein are found Worms, Spiers and Heidelberg, the chief City belonging to those Princes. Bacarac. Bacarac, famous for the excellent Rhenish Wines here growing, Coub, Openham, Frankendak, and others.
Wittenberg.The second part is Wittenberg; the chief Towns are Toubing. Stutgard.2 Stutgard the Duke's Seat. 3 Marlach, and others.
Auspach.The third part is Auspach, Haibram, and others.
Baden.The fourth is Baden, wherein the City Baden, Durlach, and others.
Ments.The fifth is Mentz, wherein Lantsem, Beinge, and others.
Bainberg.The sixth is Bainberg, a fair City, and some others.
Westberg.The seventh is Westberg, a City, Arustine, and some others.
The eighth part belongs to the Emperour, Noremberg.wherein is found Noremberg, the fairest and richest City of Germany, and seated in the Centre thereof: Frankfort.and also here is Frankfort, seated on the River Menus, famous for the two Book-marts here kept annually, in Mid-lent and Mid-September. A word of the most eminent of these, before I proceed to the next Province.
CHAP. CLXXXVII. Of Worms, and the Trade thereof.
VVorms, and the Trade thereof. WOrms is a Town of great antiquity, and yet wanteth not Magnificence in her Buildings On the West-side thereof grow in great abundance those Wines known to us by the name of Rhenish. It is more famous for the many Imperial Parliaments held here of old, than it is for Trade, therefore I shall not have cause to insist much thereupon. Near to this City stands the City of Frankendale, a new, modern, strong, fair and beautiful Piece, which has made it self famous in the late Wars of these parts; these Coasts affording the most excellent Wines above-mentioned, here in great plenty abounding; and are sound to grow especially on the West-side of the River, which is the prime Commodity of the Inhabitants both of the City and Province. The Weights and Measures here are found to accord with Spiers, to which I refer the Inquirer.
CHAP. CLXXXVIII. Of Spiers, and the Trade thereof.
Spiers, and the Trade thereof. SPiers is half a mile from the Rhyne, seated in a Plain on the west-side of the said River, having more Antiquity than Beauty, and yet more Beauty than Trade. Here the Imperial Chamber is held, in which Court the Differences of the Empire are judged, and the Elect [...]s themselves may be called hither to Trial of Law. The Weights and Measures are these,
Weights of Spiers.First for the Weights of this place, the common is the Pound of 16 ounces, or 32 loots, of which are made two several Quintals, one of 100 l. another of 120 l. and the 100 l. here, is in London 111 l. and the 100 l. of London is about 88 l. here of 32 loots per pound.
Measures of Spiers.The Measure of Length used, is the Ell, which is in London ( [...]) inches.
CHAP. CLXXXIX. Of Heidelberg, and the Trade thereof.
Heidelberg, and the Trade thereof.THE City of Heidelberg is seated in a Plain invironed on three parts with high Mountains, the fourth part open and beholding the River; from which it is a mile distant, and to which it conveyeth all Commodities by a small River that runs by the Walls thereof. This is an University, and the Seat of the Palsgraves, and hath not been much famoused for the Trade thereof. The Weights and Measures here in use are these,
Weights of Heidelberg.The Weight common in use here is the Pound of 16 ounces, of which are made three several Hundreds or Quintars, the first of 100 l. for fine Goods, the second of 120 l. for gross Goods, and the third of 132 l. for Provision of Food, as Butter, Flesh, &c. The 100 l. hath been found to make in London 108 l. and the 100 l. suttle makes then here about 92 or 93 l.
Measures of Heidelberg.The Measure of Length is an Ell, which makes in London ( [...]) inches
CHAP. CXC. Of Noremberg, and the Trade thereof.
Noremberg, and the Trade thereof. NOremberg is seated in a barren Soil, yet this Defect is supplied by the Industry of the Inhabitants. It is absolute and of it self, and accounted one of the Imperial Cities of the Empire, and the richest of all the rest: the Inhabitants by their subtle Inventions in manual Works, and cunning Arts, with the Encouragement they daily give to Artificers, draw thereby the Riches of other Countries to them. Every Child, tho but seven or eight years old, is here put to work, and enabled thereby to get his own Livelihood; and by this means is all Europe filled with the trivial Commodities of this Town, known by the Name of Noremberg Ware, which makes this City rich, strong and powerful: their Trade is not great otherwise, and the Weights and Measures in use are these.
Weights of Noremberg.There is here but one Pound in use, as in Spiers, of which are also composed two several Quintars agreeing with it, and, as there I mentioned, with London.
Measures of Noremberg.Their Measure of Length is the Ell, both for Linen and Woollen, contrary to the Custom of most Cities of Germany, the 100 Ells whereof have been found to make in London 63. Ells, and the 100 Yards of London to have made here 138 Ells.
Exchanges of Noremberg.The Place is famous also for the great Exchanges practised therein, which I have at large handled in Chapter 298, with all Circumstances thereto belonging.
CHAP. CXCI. Of Frankfort, and the Trade thereof.
Frankfort, and the Trade thereof. FRankfort is a Free City of the Empire, famous for the common Assemblies here of the Electors for the choice of the Emperour, and for their two annual Fairs, as also for many Parliaments of the Empire held here. It is seated upon the Maene, which runneth through the same, dividing the City into two parts, which are united by a goodly Bridge. It is strongly incompassed with a double Wall, and is seated in a large Plain, the Streets narrow, and the Houses built of Timber and Clay: here is in this Town Sanctuary for Bankrupts for the space of 14 days, which is never without some Guests and Company, from some one adjoining City or other: and if in those 14 days they cannot compound or escape, then by all wiles they will get out of the Privileges thereof, and entring in again, begin their 14 days over again; and thus are found to do for six Months or a Year together. There is found, in their Marts or Fairs, a great Trade and Concourse of Merchants, but it is principally famous for Books, which from all parts of Europe are brought hither, printed and dispersed hence, the Town consisting much upon Printing and other manual Arts. The VVeights and Measures in use are,
Weights of Frankfort.The VVeight of this Place is the Pound of 16 ounces, of which are made 3 several Hundreds or Quintals, which agree with that of Heidelberg before-mentioned; and as that also with London, Lipsick, Friburg, Ulm, Iffan, Isuff, Basle, Costute and Domstetter, holding also in each of the said Towns the same Concordancy, therefore here needs no further Repetition.
[Page 236] Measures of Frankfort. Frankfort is found to have two several Measures of Length, the Woollen and Linen Ell, differing about 2 per cent. so that the 100 Ells for Linen here, gives in London 48 Ells, and the 100 Ells in Woollen gives about 49 Ells London: and the 100 Yards of London renders here of Line [...] 169 Ells, and of Wollen 168¼ incirca.
Exchanges of Frankfort.The Exchanges here practised are great, which I have handled in Chapter 298. at large, with all due Circumstances.
Helvetia.The sixth Province is Helvetia, wherein are contained the 13 Cantons of the warlike Switsers, preserving their Liberties by their Valour, notwithstanding their potent Neighbours. The chief of their Cities are Zurick. 2 Basil, an University. 3 Constance, famous for the Council here held Anno 1414. 4 Berne. 5 Upbaden, the ordinary place for the common Assembly of the said Cantons. 6 Lucern, and others, and of the Trade of the principal of these, a word in passing.
CHAP. CXCII. Of Zurick, and the Trade thereof.
Zurick, and the Trade thereof. ZUrick is seated on the Lake Zeurisca, which divideth the same into two parts, which again is united by three fair Bridges, the middlemost serving as a Meeting-place for Merchants: which Lake runneth into the Brook Limachus, which passeth to Baden, and so into the Rhine, carrying Boats, by which Commodities are transportable: the Weights and Meas [...] in use are.
Weights of Zurick.The Moneys currant in the Swiss Cantons, I shall note in the place of the Coins of the Empire: the Weight then here is, the Pound of 17 ounces, of which is made the 100 l. and the 120 l. and it is found that the 100 l. suttle of London turns here 93¼ l.
Measures of Zurick.The Measure of Length is here an Ell, the 100 whereof renders in London 52 Ells, or there abouts.
CHAP. CXCIII. Of Basil, and the Trade thereof.
Basil, and the Trade thereof. BAsil lieth upon the River of Rhyne, which divideth it into the lesser and the greater Bas [...]: it was once an Imperial City, but now is joined to the Cantons of Switserland. It is a famous University, and much frequented by Students; the Benefit of the Rhyne running hence through Germany, communicates the Commodities of this City to all others seated thereupon.
Weights of Basil. Basil is found in Weights to have but one Pound, equal with Frankfort and Heidelburg, of which is composed three several Quintars, one of 100 l. another of 120 l. and the third of 132 l. and agrees with London, as you shall find in Heidelburg and Frankfort aforementioned.
Measures of Basil.The Measure of Length of Basil is the Ell for Linen and Woollen, the 100 Ells whereof render in London 48 Ells, and the 100 Yards of London hath been observed to give here 167¼ Ells.
Valesia.The seventh Province is Valesia, seated wholly amongst the Alps. Sittin is the only walled Town of this Province.
Boetia. Boetia is the eighth, in which is Chur the Metropolis of the Grisons, and here is the Valtoli [...] taken by the Spaniards 1622.
Suevia. Suevia is the ninth, wherein are found the Cities of Ulm, 2 Ausbourg, 3 Norlinghen, 4 Ravensperg, and others, of some of which, as most notable, a word.
CHAP. CXCIV. Of Ausburg and the Trade thereof.
Ausburg, and the Trade thereof. AUsburg is a Free City of the Empire, governed by a Senate of Citizens: it is seated upon the Northern Mouth of the Alps, in a fruitful Plain of Corn and Pastures, it is strong and well fortified, and beautified with many Houses of Free-stone of six or seven stories high. In this City lived those famous Merchants of the Family of the Fuggers, who have built here many publick Buildings, and many private, which at a reasonable rate are let to the poorer Inhabitants. Here is also a magnificent Building for the meeting of Merchants, in manner of our Royal Exchange, called commonly the Berl. There are two small Rivers which run through the Suburbs, and are commodious for Transportation of Corn and VVines, which this Countrey of Schwaben or Suevia yieldeth in great Quantity. This City is also Famous for the Confession here made of their Faith by the Protestant Princes, and delivered the Emperour, Anno ( [...])
Weights of Ausburg.The VVeight of Ausburg is the Pound of 16 ounces, the 100 l. being the Quintar, makes in London 109 l. and this agrees with Munchen, VVesel, Norlinghen, and some other places of Germany.
Measures of Ausburg.The Measure of Length is here the Ell, found twofold, the one for VVoollen, the other for Linen and Silk, which because it very nearly agrees with Frankfort, of which I have made mention before, I pass the same over.
Bavaria. Bavaria is the Tenth Province, the chief Towns are Munchen on the River Aser, and the Duke's Seat, 2 Ingolstat an University, 3 Ratisbona, 4 Passave, 5 Salsburgh, and many other great Cities.
Northgoia. Northgoia, or the Upper Palatinate is the Eleventh, and belongeth totally to the Palatines of the Rhine, the chief Towns are Amberg, whose Silver Mines yield yearly 60000 Crowns rent to the Prince's Coffers. 2 Neuburg, and others.
Austria. Austria is the Twelfth, wherein are found the famous Cities of Vienna seated on Danubius, one of the most beautiful Towns of Germany, and walled, as Stories say, with the Moneys that Leopold the Duke had for King Richard I. his Ransom, being by him taken in his Return through Palestine. Gratse.2 Gratse, from whence the present Emperors have their Name. 3 Santo Vitti the Metropolis of Carinthia. 4 Newark the chief of Carniolo, and in Triolis are found the Cities of Inspurg, Triol, Bolson, and Trent, famous for the Council here held and concluded, after 40 years lingring and politick Delays.
CHAP. CXCV. Of Vienna, and the Trade thereof.
Vienna, and the Trade thereof. VIenna is at present the Seat of the German Emperors, and is now the Bulwark of this Country against the Incursions of the Turks, who have more than once in vain attempted it; on the North-side runneth the River Danow, which here divideth it self into three Arms, incompassing a good space of ground, and then meeting again; and all this is again united by three Stone Bridges, one containing 29 Arches, another 57 Arches, and a third 15 Arches, each Arch being 60 foot asunder. Here are many Merchants of great quality, who have their Factors in Venetia, Florence and other parts of Italy, to supply them with the Fabricks of Silks made there, such as are Sattins, Damasks, Taffeta, Velvets, Cloth of Gold, and such like.
Weights of Vienna.The Weight in use here is the Pound, which is in some Commodities divided into 32 Loots, in some into 128 Quints, and in somo into 512 Fennings, of which Pound the Quintar is made, which is 100 l. which doth render in London about 123 l. incirca, and therewith are found Idra and Erford to agree, the 100 l. of London making here 81 l. ½.
Measures in Vienna.Their Measure for Length is two, one in Linen, and the other in VVoollen: the 100 Yards in London make here in Linen 103 Ells, and in Cloth and Silk 113 Ells.
Exchanges of Vienna.There is here, as being the Court of the Emperor, a great Exchange in use, and they are found to account and exchange by Rix Dollars of 8 s. Flemish, and by Ducats of Gold of 12 s. Flemish.
Bohemia.The Kingdom of Bohemia is the Thirteenth, wherein are accounted about 780 Cities, walled Towns and Castles, the chief whereof is Prague the Metropolis of this Kingdom, 2 Eger, 3 Buates, 4 Melmuke, Pilsen and others, Preslau.and in this Tract is found Preslau the chief City of Silesia, Gorlitse.also Gorlitso the chief City of Lusatia, and Brin and Olmuts. Olmuts the chief of Moravia; but the Trade of Bohemia I will comprise under the Title of Prague here following, as being the Metropolis thereof.
CHAP. CXCVI. Of Prague, and the Trade thereof.
Prague, and the Trade thereof.THE City of Prague includeth three Towns, as new Prague, old Prague, and a City inhabited by Jews, incompassed with one Wall neither strong nor beautiful: the River Molda doth run through the same, but is not navigable nor commodious for Carriage or Transportation of Merchandize, to which the Inhabitants are not much addicted, Corn and Wine being the prime Commodities the Country affordeth, and Timber abundance, of which the Walls of their Houses are for the most part made, and that in whole pieces as the same grow, and not so much as the Bark thereof taken away.
Weights of Prague, and of Bohemia.The Weight of Prague is the Pound of 16 ounces; the 100 l. suttle of London hath made here about 83 l. Pasau and Regenborge agreeing also therewith, as doth also the most part of this Country.
Measures of Prague, and of Bohemia.Their Measure is the Ell, of which they have two, one in Linen, and the other in Cloth and Silk; the 100 Yards of London hath made in Linen 148 Ells, and in Woollen 160 Ells.
Vide Coins current in Bohemia.
Brandenburg. Brandenburg is the fourteenth, wherein are reckon'd 50 Cities, and 64 walled Towns, the chief of which is Brandenburg, then Frankfort, for distinction called upon Oder: next Berlin, the residence of the Marquess, Havelburg seated upon Havel, and many others of consequence, whereof little is come to my Observation, therefore I will in silence pass them over.
Pomerania. Pomerania is the fifteenth Province, wherein is found Statin the residence of the Prince, and Metropolis of this Country; Wallen.then Wallen, once the famous Mart-Town of all these Countries; the Russians, Danes, Saxons and Vandals had here their particular Streets of abode for Commence and Trade, but ruin'd by War, the Trade was removed to Lubeck, where yet in some measure it is found to continue still.
Mecklenburg. Mecklenburg is the sixteenth Province, wherein are found the Cities of Malchan, Sternb [...]g, Wismar, and some others.
Saxony. Saxony is the seventeenth Province, wherein are found many Cities of Note, the principal is first Erford, one of the fairest in Germany. 2 Irne, an University for Physicians. 3 Smalcald, famous for the Protestant League here made. 4 Dresden, seated on the Albis, and the Duke's Magazine for War, and Arms for 30000 Horse and Foot over in readiness at a days warning 5 Lipsick, an University, which yearly doth yield the Duke for Custom of Beer, drank and transported 20000 l. sterling. 6 Wittenberg, an University, and the chief Seat of the Elect [...] of Saxony; and 7 Maidenburg, where it is said Luther studied Divinity. Of some of these a word.
CHAP. CXCVII. Of Lipsick, and the Trade thereof.
Lipsick, and the Trade thereof. LIpsick is seated in a Plain of most fruitful Corn ground, the Streets fair, and the chief Houses built of Free-stone of Roofs high: it is accounted also an University, but found to be of no great Note, by reason of the Neighbourhood of Wittenberg: they have for some trespass lost those great Privileges they formerly enjoyed, and therefore their Trade is not accounted great: they may now neither fortifie their Town, nor wind a Horn in the nightwatches, as other Cities in Germany do, nor yet use Red Wax in their publick Seals or Contracts, which are all of them accounted in Germany Signs of Freedom. The Weights and Measures in use are these:
Weights of Lipsick.The Weight is the Pound, of which are made three Quintars, one of 100 l. another of 120 l. and a third of 132 l. Vide more hereof in Frankfort and Heidelberg, with which it is found to accord.
Measures of Lipsick. Lipsick hath two Measures, one for VVoollen and the other for Linen, 14 per cent. difference: For the 100 Yards of London doth make in VVoollen Commodities 100 Ells, and in Linen 140 Ells.
Accounts and Exchanges of Lipsick.The Merchants here account by Marks of 32 gross, and the gross being 12 heller; but they exchange by Florins of Breslow, 30 to have posito in Noremberg 32 Florins, and in Vienna 34 Florins.
CHAP. CXCVIII. Of Wittenberg, and the Trade thereof.
Wittenburgh, and the Trade thereof. WIttenberg is seated on a plain sandy Ground, accounted an University, wherein they proverbially say, A Man shall meet nothing but Whores, Scholars, and Swine: which shews, that the Inhabitants have little Trade, as living for the most part by the Students, and peradventure by the Flesh of Swine and Women; but by what Weight and Measure the same is propertioned to them, I am to seek, therefore refer the same to the next Merchant that shall have occasion to make his Observation thereupon.
CHAP. CXCIX. Of Dresden, and the Trade thereof.
Dresden, and the Trade of Saxony. DResden is a fair Town, and strongly fortified, in which the Elector of Saxony keeps his Court; it is famous for the magnificent Stables and Armories which the Duke keeps here in a continual readiness: the River Elve divides the Town into two parts, the new and the old, which is very strong both by Art and Nature, and accounted the strongest modern City in Germany: the Inhabitants are much addicted to Trade, and the River doth much further their Endeavours; but Nature affording them a rich Soil, takes away much of their edg, for it is ever found that the barren Soil affords the Inhabitants the greatest encouragement. Their Weights and Measures are,
Weights of Saxony. Dresden, Misen and all Saxony are found to have three VVeights, and the 100 l. of London made of Zigostatica, or the Princes weight, 96 l. of 16 ounces made 92 l. of Merchonts weight of 16 ounces, and 144 l. of the common weight of 12 ounces.
Measures of Saxony.Their Measures of Length are two, agreeing with Lipsick above-mentioned, on which I need not further insist.
Brunswick. Brunswick is the eighteenth Province, wherein is Brunswick the principal City; secondly, Wolfiabolt, where the Duke commonly resideth; thirdly, Alberstade, then Lunenberg, and some others of less note.
CHAP. CC. Of Brunswick, and the Trade thereof.
Brunswick and the Trade thereof. BRunswick comprehends in one five several Cities, and is a Free Imperial Town, strongly fortified, in some Places with two and in others with three Walls, and incompassed with the River Ancor: the Inhabitants are found addicted to Trade in the Morning, but their Intemperance at Night takes away all Thoughts thereof; they are great Husband-men, the Earth answering their Labours, which yields them Plenty of Corn, both for their own and their Neighbours Wants, the Earth yielding them rich Reward to their Labours, and their Afternoons hours spent in Good-fellowship, makes me imagine there may be some Trade amongst them; which in particular I permit the Reader in silence to conceive.
CHAP. CCI. Of Lunenburg, and the Trade thereof.
Lunenburg, and the Trade thereof. LUnenburg is a Free Imperial City, over which the Duke of Lunenburg challengeth a Superiority: it is found to be fairly built of B [...]ick, and well and strongly fortified for its Safeguard and Defence, with deep Ditches and thick Mud Walls. Salt Fountain in LunenburIt is most famous for the natural Fountain of Salt here found, over which is built a spacious House that contains fifty two Rooms, and every Room hath eight several Cauldrons of Lead, wherein is boiled eight Tun of Salt daily: the Profit whereof is divided into three several parts, one part to the City, one to the Duke of Lunenburg, and another to a Monastery, and some other adjoining Earls: their Trade is not otherwise of very great consequence.
Hassia.The nineteenth Province is Hassia, wherein are found the Cities of Dormstade, Marburg an University, and some others.
[Page 240] Veteravia, Veteravia is the twentieth Province, wherein are the Cities of Friburg, Hanau, Dullinburg, Nassau, Catzenbogen, and some others of lesser note.
CHAP. CCII. Of Friburg, and the Trade thereof.
Friburg, and the Trade thereof. FRiburg is of round Form, inviron'd altogether with high Mountains, Silver Mines of Friburg.having within it many Vaults and Caves to go under ground, through which the Citizens go out of the City by night, to work in the Silver-Mines found in those adjoining Hills, and at certain hours are called back by the Sound of a Bell; their Work is for the most part by night, and their Rest is by day, and their Residence is noted to be more under ground than above in their Houses: the Profits thereof belong half to the Citizens, and half to the Elector to whom the Country appertaineth.
Weights of Friburg.The Weight in use in Friburg is the Pound, of which are made three several Quintars, one of 100 l. another of 120 l. and a third of 132 l. agreeing with Frankfort, Heidelberg, and Lipsick, as before.
Measures of Friburg.The long Measure is the Ell, which is ( [...]) inches London.
In this Tract are also comprehended the three Imperial Cities of Stoad, Hamburgh and L [...]beck, which acknowledging no Sovereign, being Free and Hans-Towns, I shall here touch, and first of Stoad.
CHAP. CCIII. Of Stoad, and the Trade thereof.
Stoad, and the Trade thereof. SToad is an antient City, and one of the Free Cities of the Empire, and one of those Sea-Towns, which, from the Privilege of Trassick with their Neighbours, are called Hans-Towns, it is commodiously seated for Traffick upon the River Elve, in which Stream they maintain certain Buoys to guide the entring Ships: the English Merchant-Adventurers had for a while their Residence here, forced thereto by the discourteous Usage of the Hamburghers; and before their Arrival this Town was so poor that they sold the Privilege of Coining Moneys, and some other such Rights to Hamburgh; by whose Company they grew rich, not without the Envy and Impoverishment of the Hamburghers, who often attempted, tho in vain, by Naval Force to forbid the arrival of the English at Stoad, whom as they had griev'd, having their Seat with them, as well by Exactions as prohibiting them the free Exercise of their Religion: so then having seen and smarted for their Error, they never left till partly by fair means, and partly by Threats, they labour'd their Return, which afterwards was performed, and where at this day they hold their principal Court and Residence. The present Trade of Stoad is but small, depending much upon the Privilege they have in Pre-emption and choice of the Rhenish Wines passing by their City.
They keep their Accounts by Pounds, Shillings and Pence, but they have Grashes, Ortals and Dollars, as I shall shew hereafter. Coins of Stoad.Their Coins current are these,
1 Stiver of their Money here and in Hamburgh is 2 pence.
32 Stivers make a Dollar, which is 5 s. 4 d. there.
4 Stivers, which are 8 d. make a Spanish Rial of 6 d. Sterling.
1 Rix Dollar is worth 33 Stivers, and is 4 s. 4 d. Sterling, or more.
1 Mark is 16 Stivers, or 2 s. 8 d. Flemish.
7½ Marks make 20 s. I say 20 s. Flemish.
Weights of Stoad.Their Weight is the Pound of 16 ounces, 100 l. is their Quintar, which hath made in London 107, and some have observed 109 l.
Measures of Stoad.Their Measure is the Ell, as in Hamburgh following.
CHAP. CCIV. Of Hamburg and the Trade thereof.
Hamburg, and the Trade thereof. HAMBURG is a Free City of the Empire, and one of them which enjoy the privilege of a Hans-Town, and for the building and populousness much to be praised: the Senate-House is a beautiful Fabrick, and the Exchange, where Merchants do meet together, is likewise as pleasant. The Haven is guarded and shut up with an Iron Chain, the City it self compassed with a deep ditch, and on the East and North sides with a double ditch and wall. Water is conveyed into the same from a hill distant some miles off; it is seated on a large plain, and sandy soyl, and adorned with nine Churcher, and six gates; on the South side it is washed with the River Elve, which also putteth a branch into the Town; but on the North-east the River Alster runneth by towards Stoad, from which it is five miles distant, and falleth into the Elve, the streets in general are narrow, excepting one, which hath the name of Broadstreet, and their buildings is all of Brick; and all the beauty of their houses is in the first entrance, which as in all the other Sea-bordering Cities, lying from these parts towards Flanders, have for the most part broad and fair gates into a large hall, the lower part whereof on both sides is used for a ware-house, and in the upper part, lying to the view of the door their chief houshould-stuff is placed, and especially their vessels of English Pewter, which being kept bright, make a glittering shew to them that pass by, so that their Houses promise more beauty outwardly than they have inwardly. The present Trade of this City is great, principally by reason of the residence of the English Merchants, and some quantity of shipping of reasonable burthen is found belonging to the Citizens.
Weights of Hamburg.The weight of Hamburg is the pound, of which is made the 120 pound, their quintar divided into three denominations, the first of 12 stone, of 10 pound to the stone, 300 pound thereof to the Skip pound, which is the second, and 20 Lispound of 15 pound to the said 300 pound, which is the third; so that it may be more properly said to be two quintars, one of 120 pound, another of 300 pound.
Measures of Hamburg.Their measure of length is an Ell, wherewith they measure both Linen, Woollen, and Silk, the 100 whereof hath been found to make in London about 48½ ells for Linen, and the 100 yards of London hath been found to yeild here about 162 or 163 yards, agreeing with Embden and Brem [...] before mentioned.
Exchange in Hamburg.The Merchants here are found to exchange for London by the pound sterling, and for all other places upon the Rix Dollar, of 54 s. Lapisto or 54 stivers.
Dollar. A Dollar is here noted to be worth three whitpence, one whitpenny to be 18 shillings, one shilling to be 12 pence, and one penny two hellers.
Of Corn. Corn is here measured by the Schepel, ninety making a Last, and 83 Schepels making a Last of Corn in Amsterdam, or 10 quarters English.
CHAP. CCV. Of Lubeck, and the Trade thereof.
Lubeck, and the Trade thereof. LUBECK is an Imperial and free City, and one of those that are accounted Hans-Towns; it is seated on the top of a fair and spacious Hill, upon the very crown whereof is a beautiful Church, from whence leadeth streets to all the gates of the City. It is incompassed with a double wall, one of Brick, and narrow, the other of earth and broad: In some parts there is also deep ditches where Ships of a 1000 tuns are brought up to winter from Tremuren the Maritime Port of this City, seated on the Baltick Sea, a mile distant from this Town; the buildings hereof are very beautiful of Brick, having many pleasant walks without the walls. The government of this Town is much commended for their neatness, pleasant gardens, courteous carriage to strangers, civility of manners, and strict execution of justice. Their water is conveyed hither by pipes; and have each of them a Cock of water in his own house: also all the poor inhabitants are constrained to live in a street by themselves, where they are set on work, and provided for. This City adorned with ten Churches, one whereof being a decayed Monastery, they have converted to an Armory of all Ammunitions for war. S. Maries the Cathedral Church being the principal, and seated, as I said before, on the very summit of this hill, whereon the City standeth.
Beer of Lubeck famous.The Trade of this City at present is great, partly by the industry of the inhabitants, and partly by reason of the commodious situation of the place, and the neighbourhood of the [Page 242] Baltick Sea: the place of it self is famous for the Beer made, and hence transported into other Regions, and by some used medicinally, for bruises of the body and such like accidents, though by them in use commonly both for their ordinary drink, and food and rayment.
Weights of Lubeck.The common weight of Lubeck is a pound, of which is made a Centiner and a Skip-pound, for 112 pound is the centiner or quintar; the stone 10 pound and 32 stone to the Skip pound, which is 320 pound, and the 20 Lispound of 16 pound mark is also accounted for a Skip-pound, which is in London ( [...]) pounds.
Measures of Lubeck.The measure of length of Lubeck is the Ell, 120 ells whereof makes in London 60 ells, and the 100 yards London hath made here 160 ells incirca.
Of Corn.In Lubeck Corn is measured by the Last, 96 Schepels making a Last which is 10¼ quarters of London, and 85 Schepels is found to make a Last in Amsterdam.
Lasts 7 of 18 Barrels in Lubeck is found to make 100 Sacks of Salt being 122 small Barrels for the 100 Sacks at Armuiden in Zeland, which is found to be 7½ Lasts of 18 Barrels of Salt in London, but accounted by the weight in London to make 11½ Weyes, and it is accounted 40 Bushels to a Wey, water measure of ten gallons.
of Beer. Beer is here sold by the Barrel, which is 50 Stoops of Antwerp, and every Stoop hath been observed to hold about 7 pints of Beer measure in England, which is about 44 Gallons.
CHAP. CCVI. Of the Coins current in general of Germany.
Coins current in Germany.COnsidering the privilege of coining of monies granted by the Emperors of Germany to divers Cities that are Imperial, and to sundry free Princes that are comprehended within this Empire, it will prove an impossible labour to my confessed ignorance, in particular to set down all the coins found current therein; besides which, the sundry accidents of war, necessities, Trade, or the like, inforceth an uncertainty in all certain Rules and Edicts published and agreed upon for an uniform value to be conveyed in all monies stamped for current, through all this Empire; yet because I would not omit what I have in this point gathered, I will here insert the same, and leave the truth to tryal and experience: And before I enter upon this particular of Coins, it will not be amiss to see in what nature Accounts are kept in this country.
Accounts in Germany.First then, I find their Accounts are kept by three principal denominations, partly consisting of imaginary Coins: the first whereof is by Florins and Crutchers, whereof sixty is accounted to a Florin: the second is by florins, batches and crutchers, the Florin being accounted for 15 batches, and the batch for 4 crutchers: the third is by florins, sold and deniers, 12 deniers being a soldo, and 20 soldoes a florin; the florin may be valued at 3 shilliings 4 pence sterling, or 33 shillings 4 pence tarine, and the batch at 2 shillings sterling; and in payments of Merchandise, note, that a florin is accounted for a common silver guilden, of which there is no such Coin found, being meerly imaginary, as is the same Coin of marks of Collen and Lubeck, likewise imaginary, or at least not now coined, nor in use.
Coins in Stoad, Hamburg, and Lubeck.Now for the current Coins observe, that first in Stoad, Hamburg, and Lubeck before named, the gold Rhenish guilden was worth, when these notes were taken, 28⅝ silver misen gross, or worth 36½ Lubeck shillings, and the Imperial Dollar was worth 33 Lubeck shillings.
A common silver guilden was worth 28 Lubeck shillings.
A French Crown of gold was worth 44 Lubeck shillings.
An English Angel was worth two dollars and a quarter and 2 Lubeck shillings; or to say otherwise, it was worth 12 Flemish shillings and 4 Lubeck shillings.
Lubeck s. 7½ made an English shilling sterl.
Lubeck s. 6 made a Flemish shilling, and likewise a shilling of Hamburg.
In Hamburg they coin a piece of Gold called a Portegue, which is worth 4 pound and 8 shillings of Hamburg, or 33 marks of Lubeck. Again.
Coins current in Embden.At Embden, upon the confines of the Empire and the Low Countries, a silver guilden of Emden was worth 20 stivers, an Imperial dollar 45 stivers, which since I understand is worth 48 stivers, a dollar was worth 30 stivers, a French Crown was worth 3 Flemish guild. and 6 stivers, and now 6 stivers as also 6 Lubeck shillings make one shilling Flemish, where by the way it is to be noted, that Princes and Cities do coin gold and silver guildens, which are found often in their value to differ from the Imperial guildens. Again,
Coins current in Breme, Oldenburg, &c.At Breme, Oldenburg, and in those parts, they have current coins called groats, and small pieces stamped, called copstacks, and a dollar was there worth 4½ copstacks or 55 groats, a French Crown was worth 6 copstacks, and one copstack 10 stivers or 12 groats, and this groat was [Page 243]worth a little more than an English penny, a sesting was worth half a Lubeck shilling, and they have here half sestings.
Coins current in Brunswick.At Brunswick, a dollar was 36 mariagross, which are of equal weight with 24 silver misen gross, also 9 mariagross make 8 Lubecks, the same doller was worth 18 spitzgrossen, whereof each was worth two maria groshe.
Coins current in Magdenburg, Misen, Lipsick, &c.At Magdenberg, Lipsick, Misen and in all the Electorate of Saxony, and in the neighbouring Tenitories to the Confines of Bohemia, a doller was worth 24 silver grossen, which are the same at 18 Spitzgrossen, or 36 maria grossen.
A Rhemish Gold Guilden was worth 27 Silver gross, and the Philip Doller was of the same value.
A common Silver Guilden was esteemed at 21 Silver gross.
A French Crown at 33 Silver gross.
A Spanish Pistolet at 32 Silver gross.
A half Milres at 36 Sil. gros. the Hungarian Ducate at 3 ounces.
A short and long Crusado at 35 Silv. gross.
A Rosenoble at 3½ Dollers, the English Angel at 2¼ Dollers; the Silver gross was worth more than 2 pence, and about 2¼ pence sterling.
And for the small Coins, a gross was worth 4 driers, and 1 drier 2 dribellers, and 1 dribeller was worth a pfening and half, and 12 pfening made a gross, and two schwerd grossen made one Schneberger.
Coins current through the upper parts of Germany.In general through all the upper parts of Germany, a Doller was esteemed at 18 batsen, a silver guilden at 15, a Philip Doller at 20, a French Crown at 24½, a gold Crown of Italy at 24, a silver Italian Crown at 22½ batsen, a Rhemish Gold Guilden through higher Germany was worth 27 silver misen gross, a silver Guilden there as in Saxony at 21 gross, the batson roay be accounted 3 pence English, and 4 cretzers makes a bats, 4 pfening make a cretzer, and three cretzers make a zwelver, and 20 zwelvers make 15 batsen, which is a common silver guilden.
But I have noted before how subject these Coins are to be hoised in common payment, which proceeds through divers and sundry occasions, and this being none of the least, that Merchant foreiners do carry out the Coins of the Empire more than they do the Commodities of the Empire, and therefore to have good moneys, are oftentimes contented to receive them at a higher rate than they commonly do otherwise pass at.
The Coins of Bohemia.The Kingdom of Bohemia, as also that of Hungary, have used the Coins of the Empire in the same value as at first coined, by common consent of both those Nations, but it is to be understood, that as well in those free Cities, and by those free Princes, which have the privilege of coining, there is always stamped certain small brass mony that only passeth current in their Jurisdictions, and no farther; and those passing in the Kingdom of Bohemia are found to be these; First, 3 potchandles make one cretzer, nine cretzers and one potchandel make four wissgross, and 30 gross of Moravia or wisgross make a Doller; also here Merchants reckon two hellers for a pfening, and six pfenings for a gross, and 60 gross for a shock, and 40 gross for a mark.
The Coins of Switzerland.In Switzerland it is found that divers of the Cantons do coyn monies, which pass current among themselves, the principal of which Mints are found to be in Basil, Zurich, and Schaphusen, the common and usual whereof I will only note.
Their common coin is the Rappen munts, whereon is stamped a Crow Six of these Rappens of Basil make a plapart, or three cretzers, and 20 plaparts, or 60 cretzers make a common guilden, and 3 pfening make a cretzer.
At Zurick it is found that 6 pfenings make a shilling, and may be worth a penny sterling, and 3 pfenings make a sickerling; two great finfers of Basil and one little finferlin makes a bats of Basil, and in like manner 5 finferlins make a bats, and 5 finfers 2 bats.
But my work were endless to run through the particular coins current, and stamped in every particular place of this Empire, therefore this shall suffice for a taste of the variety; and whosoever carrieth any Merchandise into these Countries, let him be sure to know the true worth of the monies he receiveth for the same, lest he prove in conclusion a loser by his Trafick.
CHAP. CCVII. The Weights of Germany reduced to the 100 l. of London.
Weights in general of Germany reduced to the 100 l. of London.THe next thing in order to be handled is the Weights and Measures of the Cities of Trade in this Empire, which I have in part touched already upon the principal Towns, the rest, or as many as have come in my collections, I shall here insert, the more ingenious and better skill'd may add the rest. And first for the weight, which here I have reduced to the 100 l. suttle of London, the which is found to yeild in
l. | ||
The 100 l. of London doth make in | Noremberg | 88 |
Collen | 89½ | |
Constance | 88 | |
Ausburg | 91 | |
Spiers | 88 | |
Heidelberg | 92 | |
Lipsick | 92 | |
Friburg | 92 | |
Silesia | 116 | |
Ʋlm | 92 | |
Vienna | 81 | |
Statin | 91 | |
Erford | 81 | |
Ipsburg | 81 | |
Salsburg gross | 79 | |
Ditto small | 108 | |
Lubeck | 92 | |
Botsen | 133 | |
Costuts | 92 | |
Misen of 16 ounces, l. | 96 | |
Of 12 ounces the l. | 142 | |
Of Merchants weight | 92 | |
Munchen | 91 | |
Wessel | 91 | |
Saxony in general | 96 | |
Norlingen | 91 | |
Frankfort | 92 | |
Breslow | 116 | |
Canoli | 83 | |
Domstreder | 92 | |
Regenberg | 83 | |
Loosen | 141 | |
Offen | 92 | |
Basil | 92 | |
Pastow | 83 | |
Hamburg | 92 | |
Copenhagen | 92 | |
Basil | 92 | |
Zurick | 94 | |
Walloons country | 104 |
CHAP. CCVIII. Of Measures of Germany reduced to the Measures of London.
Measures of Germany.HAving done with their Weights in general, I will do the same for their long Measures in general, which I will reduce to the 100 Yards of London, and note, that the same hath been observed to have produced in these Cities of Germany.
Embden | 163 | ells. |
Lubeck | 160 | ells. |
Munster | 80 | ells. |
Collen | 160 | ells. |
Erford | 218 | ells. |
Frankfort | 169 | ells cloth. |
Jenferr | 80 | stables. |
Noremberg | 160 | ells. |
For Silk | 138 | ells. |
Vienna for linen | 103 | ells. |
Ditto for Silk | 113 | ells. |
Prague | 148 | ells. |
Ditto for Silk | 160 | ells. |
Ʋlm | 160 | ells. |
Ditto for Woollen | 128 | ells. |
Lipsick | 160 | ells cloth. |
Ossenbrig [...] | 84 | ells. |
Breme | 163 | ells. |
Hamburg | 163 | ells. |
Basil | 167 | ells. |
Bautson | 148 | ells. |
Ditto for Silk | 160 | ells. |
Halle | 178 | ells. |
Misen | 160 | ells cloth. |
Ditto for Silk | 138 | ells. |
Offnes long measure | 159 | ells. |
Ditto short measure | 173 | ells. |
Zearech | 155 | ells. |
Statin | 141 | ells. |
Ocermond | 141 | ells. |
Wismar | 157 | ells. |
Gripswald | 163 | ells. |
The rest I willingly omit for brevity sake, and refer these to the trial of the better experienced.
CHAP. CCIX. Of the Trade in general of Germany.
The general trade of Germany.THe particular Trading of several Cities being thus observed, it will not be amiss a little to look into the Trade in general of Germany, and therewith also the Navigation of this Nation, by which we find, that in all Countries almost the same is principally maintained. The Cities then found on the Sea-coast on the North-side of Germany, have very great ships; yet more fit for great stowage and burthen, than either for sail or defence; and therefore oftentimes to this end fraighted by the Netherlanders. Neither can I attribute much commendation to the German Mariner, for those Seas in good part, and the Baltick Sea altogether, are found free of pirates and piracies, which is the chief reason why their Ships are found in the general to be so ill armed, either defensive or offensive, and in one thing they concur with the Dutch to the shame of the Christians profession, that their is never found any Prayers used aboard their Ships, neither morning or evening, contrary to the laudable custom and godly exercise of our English Mariners, who constantly use Prayer and Psalms, at least four times in four and twenty hours, which is at the setting of the four quarterly watches of the day and night. These Maritime Cities are for the most part either Hans-Towns or free Cities, because they enjoyed of old in all neighbour Kingdoms, great priveleges of buying any Commodities, as well of Strangers as Citizens, and of selling their own to either at pleasure, and to bring in or carry out all Commodities by their own Ships, with like immunities equal to Citizens in all the said Dominions, and no less prejudicial to others, than advantageous to themselves; and in London they were wont to dwell together in the house called the Still yard, and there enjoyed these and many other privileges, which now for many years have lain dead; partly by reason the English found not these or the like privileges in these free Hans-towns; and partly, by reason they have found it more commodious to make use of their own shipping, as in these days it is found they do.
Notwithstanding all this, yet it is observed, that the Germans in general apply themselves very industriously to all Traffick by land, but the free Cities on the Sea coasts do but coldly exercise it by Sea; Beer being found to be spent and exported amongst themselves in an incredible measure and quantity, with an extraordinary gain, and therefore noted for one of the prime commodities of this Empire, bringing profit not only to private men, but also to Princes and to free States, there being no Merchandize in the World that more easily finds a buyer in Germany, than this: for other Commodities, it is observable, that Germany sends into Italy Linens, Corn and Wax; it sends into England Bords, Iron, Diaper, Rhenish Wines and Noremberg wares, which can hardly be called commodities; into Spain they send Linens, Wax, Brass, Copper, Cordage, Mas [...]s, Gun-powder: and this is their principal Exportation. Now for their Importations, Italy returns them Silks of all kinds; England Lead, Tin, and woollen Cloths; and Spain returns them Spanish Wines, Fruits, Oils, Salt, some Woolls, and other commodities.
I formerly noted, That the English had their Staple at Embden, the Count whereof used them well and courteously, but Wars growing between England and Spain, the place grew dangerous for them: for their Goods were taken, and themselves made Prisoners, even in the mouth of the Harbour; whereupon they removed to Hamburg, where being oppressed with new impositions, and being denied the exercise of their Religion, they removed also thence, and setled their Staple at Stoad.
Then also our English had their Staple at Dantzick in Prusen, for the Kingdom of Poland, but when the Dantzickers under pretence of the Suevian war, exacted of them a Dollar for each woollen-cloth, and as much proportionably upon all other commodities; and afterwards, though the war being ended, yet would remit nothing of the same; and withal, forbad the English, by a law decreed, to live in Poland, the commodities whereof were only sold there, lest they should learn the language, and find out the mystery of that trade and Country: And lastly, when as they exacted as much weekly of an Englishman dwelling in their City, as they did of a Jew dwelling there amongst them, the English thereupon made agreement with the Senate of Melvin for a 11 years, to pay them six gross for each cloth brought in, and accordingly for all other goods, and to pay as much more in the City of Kettle to the Duke of Prusen, for his giving them free passage to Melvin; and so by this means they setled their Staple in Melvin: whereupon the Dantzickers being offended with the Citizens of Melvin, and the Hamburgers no less with those of Stoad, procured all the free Cities by a publick writing to out law not only Melvin and Stoad for receiving the English to the common prejudice of the rest, but also Ceningsberg, the seat of the Duke of Prusen, and the free City of Lubeck, for favouring the English in this their course, and for permitting them being strangers, to sell their goods to any other than the Citizens of each several City. But how these difference; came [Page 246]afterward to be reconciled, and their Staples removed thence, I have shewed in other places.
Trade of Prusen.And being now entred to speak of the Trade of Prusen a German Province, but of late years annexed to the Crown of Poland, which of it self is of great importance, it will not be amiss to inlarge my self upon some particulars thereof. The English then are found to bring thither great quantity of Tin, Lead, and woollen cloths, and other commodities, and to bring thence hard and liquid Pitch, Hemp, Flax, Cables, Masts for Ships, Boards, and Timber for building Linen Cloth, Wax, Mineral Salt, which in Poland they dig out of pits like great Stones, and the same being put to the fire, is made pure, and being black his colour is more durable, and less subject to giving again than our boyled Salt. Also they bring thence Pine Ashes for making of Sope, commonly known to us by the name of Sope-Ashes, and Corn in great quantity; yet the English are found seldom to have need of their Corn for the use of England, which many times of their own they transport to other Nations; but they buy it as the free Cities do, to transport it to other Countries, which the Low country-men do also buy as well for themselves, as to serve Spain, and other Countries therewith, so great a quantity thereof is hence dispersed into all parts of Europe.
Amber. Amber is also brought from thence, but not gathered neither at Melvin nor Dantzick, as some imagine, but on the Sea-side of Koningsperg, where, as I said, the Duke of Prusen holds his Court, and so all along the coast of Curland; where, howsoever it lies in great quantity on the sands of the Sea, it is as safe as if it were lockt up in Ware-houses, since it is death for any to take up the least piece thereof, and being only by the law accounted to be the proper commodity of the Duke, to whom the same appertaineth. And this being as much as I have thought requisite to handle concerning the Trade of Germany in general, or of the Imperial Cities and He [...]-Tomns in particular, I will proceed to the next Kingdom, which in order is Denmark, and to the principal Cities, and particular Trade thereof.
CHAP. CCX. Of Denmark, and the Provinces and Cities thereof.
Denmark, and the Provinces thereof. DEnmark hath on the East Mare Balticum, on the West the German Ocean, on the North Sweden, on the South Germany.
This Country doth afford for Merchandize, Fish, Tallow, Hides, and having abundance of Oxen, 50000 are said to be sent hence yearly to Germany; also Buck-skins, Armour of all so [...]s, furniture for shipping, Boards, such as Wainscot, Fir-wood, &c.
This Kingdom now contains Cimbrick, Chersonese, the Islands of the Baltick, and part of S [...] dia, and first this Chersonese is divided into four Provinces.
Alsatia. Alsatia is the first, wherein are found the Cities Niemunster and Bramsted, and is the title of the second Son of Denmark.
Dithmars. Dithmars is the second Province, wherein are found the Cities of Marn and Meld [...], the Inhabitants of this last is esteemed so wealthy, that they are said to cover their houses wich Copper.
Slesia. Slesia is the third, wherein are of note Sleswick, 2 Gottorp. and 3 Londen a Haven Town.
Jutland. Jutland is the fourth, the Towns of note are Rincopen, 2 Nicopen, 3 Holn, and 4 Arhausen.
Baltick Islands.The Baltick Islands are 35 in number, but of them 4 are sound to be of principal note 1 S [...] land, 2 Fionia, 3 Bornholm, and 4 Fimeria, of which a word.
Seeland.In Seeland is found thirteen Cities, Copenhagen.the chief whereof is Haffen the Kings Seat, and the only University in Denmark, known to other Nations by the name of Copenhagen, that is, Merca [...] rum Portus, or the Merchants Haven: Elsinour.Secondly, Elsinour, standing on the Sea-side, in which Town the Merchants that have passed, or are to pass the Sound, do pay their Customs to the King: And thirdly, Rochilt, the Sepulchre of the Danish Kings; between this Island and the firm land of Scandivonia is the passage called the Sound, towards Muscovia, which did formerly yield unto this King a great yearly profit, but now much decayed since the English found out the Northern passage into Russia. This Sound is in breadth 3 miles, and commanded o [...] Scandia side by the Castle of Helsenburgh, and on this Island by that of Cronburg, both Castles of good defence.
Fionia.In Fionia is found eight Towns, the principal whereof Osel, Scomberg and others.
Bornholm.In Bornholmia is a principal City Bornholm.
Fimeria.In Fimeria is found the City of Peterborn, and is the Island in which that famous Mathematician Ticho Brabe built an artificial Tower, wherein he studied the Mathematicks, and wherein are still reserved many of his rare Mathematical Instruments.
[Page 247] Scandia. Scandia is the last part of this Kingdom lying part of it on this side, and part beyond the Artick Circle, so that the longest day in the more Northern part is about three months, the Kingdoms of Norway, Swetland, and part of Denmark; the part of it belonging to Denmark is divided into three Provinces, 1 Halandia, 2 Schona, and Blesida.
Halandia.In Halandia is Halaneso.
Scania.In Scania is the City of Londis a fair Haven, Falsgerbode and the Castle of Elsimbourg, one of the Keys of the Sound before mentioned; and the Seas are here said sometimes so to abound with Herrings, that Ships are scarce able with wind and Oar to break through them; and the Country is the pleasantest of all Denmark.
Blesida.In Blesida is found the City of Malmogia, and the strong Castle of Colmar against the Sweedlande [...]. The principal Trade of this Kingdom is contained in Copenhagen and Elsinour, therefore under the title of these two I will comprehend the Traffick of this Kingdom.
CHAP. CCXI. Of Copenhagen, and the Trade thereof.
Copenhagen, and the Trade thereof. COPENHAGEN is the Seat of the Kings of Denmark in Winter, and may be interpreted the Merchants Haven, on the East-side is the Kings Palace or Castle, which bordereth on the Sea shore, where the Haven is found to be, the Sea being not far distant from the North side thereof: the City is of a round form, affording little beauty, as being but meanly built of wood and clay, and the Castle of stone. Here are found some Merchants, yet for the mostipart of no great eminence: for the Country affordeth no rich commodities that may allure others thither, or serve to be transported to other regions, whereby a gain may be expected.
The Coins of Copenhagen.The Monies of this Kingdom commonly current is the Dollar, and shilling; two Danish shillings make one Lubeck shilling, and 66 Danish shillings accounted for a Rix Dollar, which is five shillings Sterling.
Accounts in Denmark.Their accounts are kept by marks of 16 shillings Danish.
Their exchanges are here practised by the Rix Dollar above mentioned, the common current Coin of these Countries.
Measures and Weights, &c.Their Measures and Weights I will briefly observe by themselves, and therefore hasten to Elsinour.
CHAP. CCXII. Of Elsinour, and the Trade thereof.
Elsinour, and the Trade thereof. ELSINOƲR, of it self is but a poor Village, but much frequented by Sea-men by reason of his neighbourhood to that straight Sea called the Sound, where the King of Denmark hath laid so great Impositions upon all Ships and Goods coming out or going into the Baltick Sea, as this sole profit surpasseth far all the Revenues of his Kingdom: the strong Castle of Cronburg lies in this Village upon the mouth of this straight, to which on the other side of this narrow Sea in the Kingdom of Norway, another Castle is opposite, called Elsburg, which two are the keepers of this Straight, that no Ship can pass in, or come out of the Baltick Sea without their leave; and consequently without due payment of this Imposition. On the South side of Cronburg Castle is the largest Road for Ships, toward the Baltick Sea, where the King is said to have his lodgings, which cannot choose but be a delectable prospect to all men, but especially to him: for Ships go in and out here by Fleets of a hundred, and he is certain, that none do pass either way but according to their burthen and loading, adds somewhat to his treasury. The Haven is able to contain a great Fleet, for it hath Cronburg Castle on the North side, the Castle of Elsburg on the East side, and Seeland, the chief Island of the Kingdom on the West side, and the Island Fimeria or Whern on the South side, in which I noted before, that Tycho Brahe, the samous Mathematician, had his residence. The Danes conceive this Island to be of such importance, as they have a Fable. That Henry the seventh of England offered for the possession of it, as much Scarlet Cloth as would cover the same, with a Rose Noble at the corner of each cloth. If any such offer were made, doubtless the wildom and judgment of that Prince, knew how to make that Island being fortified, peradventure to return him his charges again with good Interest; but it is not credible, by reason that it cannot benefit a foreign Prince, whole Territories heth out of the Sound, by [Page 248]which he must needs enter, those before mentioned Castles commanding the entrance, though it might prove more beneficial to some Prince bordering upon the Baltick Seas, and to whom the Sea is open for passage.
CHAP. CCXIII. Weights in general of Denmark reduced to that of London.
Weights in general of Denmark.NOw for the Weights of this Kingdom, they are found to differ in many places; so many as have come to my hand, I have reduced to the suttle hundred of London, which suttle hundred is found to produce in these Cities of Traffick and some others adjoyning,
l. | |
Aldar | 87 |
Copping ham | 92 |
Cracou | 119 |
Dantzick | 116 |
Hamburg | 92 |
Wilde | 116 |
Elsinour | 92 |
Lubeck | 92 |
Melvin | 120 |
Revel | 116 |
Rhiga | 116 |
Stacar | 108 |
Stralsont | 88 |
Bergen Norway | 92 |
Where it is to be noted, that generally in Copenhagen, and in most parts of Denmark, they hare a great and small hundred, one of 112 pound to the hundred, and another of 120 pound to the hundred, accounted twelve stone of ten pound to the stone: Also they have a Skip-pound, 32 stone of ten pound the stone, or 20 Lispound of 16 mark pound is a Skip-pound, and 20 times 16 pound is 320 pound,
CHAP. CCXIV. Measures in general of Denmark reduced to London.
Measures in general of Denmark.AS I have done with their Weights, so I will proceed with their Measures, reducing then to the hundred yards English, and makes in
Ells. | |
Arsnis | 166⅔. |
Breme | 162½. |
Breslow for cloth | 148 |
Ditto for Silks | 160 |
Connixborough | 166 |
Lubeck | 160 |
Munster | 80 |
Ockermond | 141½. |
Revel | 166 |
Rhostick | 158⅓. |
Wismar | 157¾. |
Dantzick | 162½. |
Doinin | 163 |
Embden | 163 |
Gripswould | 163 |
Hamburg | 163 |
Melvin | 162 |
Narva | 166 |
Ossenbrighs | 84 |
Rhiga | 166 |
Statin | 141½. |
And thus much shall serve to have said for the Measures of this Country, whereto I have added the Measures of some other the adjoyning eminent Cities of Trade and Commerce.
CHAP. CCXV. Of the Trade in general of Denmark.
Of the Trade in general of Denmark.TO conclude, the Trade of Denmark driven by the Inhabitants, is not great, their Country partly not affording Commodities for Merchandize; and their Seas, I mean principally the Baltick, not being for many Months in the year navigable for Frost. The Inhabitants are frugal in Food and Apparel, and therefore not much addicted either to Silks or Spices, and the great Traffick and Concourse of other Nations through the Sound, that furnisheth them with all Necessaries, makes the Inhabitants less desirous to sail abroad to fetch the same at the first hand. Stock-fish, and other Salted Fish they send into forein Countries, and so also they do their Oxen and Cattel in great Quantity, besides the Commodities which the Country doth naturally afford, mentioned in the former part of this Country's Description; neither have I heard any great fame of their Navigations or Mariners which principally sail Northward, and little to the Southward, tho otherwise it is conceived that next to the English their Vessels are the strongest built to indure the Blasts of the colder Climates, and the Scorchings of the warmer Regions; yet of late days I have understood they have undertaken some new Discoveries and Trade to the East-Indies, which they have since fully performed, to the great Encouragement of such as shall follow them.
CHAP. CCXVI. Of Norway, and the Cities thereof.
Norway, and the Trade thereof. NOrway is bounded on the North with Lappia, on the East with the Dofrine Mountains, on the other parts with the Seas.
The chief Commodities of this Country are Stock-Fish, Rich Furs, Train Oyl, and Tackling for Ships, as Masts, Cables, Deal-board, Fir, and the like.
Towns are here thin, and the Houses therein poor and miserable. Nidrosia.The chief of those that are, is Nidrosia, the Archbishops Seat of Norway, Iceland, and Groenland. Bergen, one of the 4 antient Marts of Europe.The second is Bergen, one of the four ancient Mart-Towns of Europe; the other three being London in England, Novograde in Moscovia, and Bruges in Flanders: and all these but London are decay'd, for this Bergen hath yielded to Wardhouse; Novograde, by reason of the Charge of Navigation through the Baltick into the Northern Passage, hath given way to St. Nicholas; and Bruges being deprived of her Traffick by Antwerp, it is now also removed to Amsterdam; for the Hollanders by blocking up the Haven, but especially by keeping of Bergen up Zome, have such a command over the River, that no Vessel can pass or repass without their License. Finmarch.But to proceed, Finmarch also appertaineth to this Kingdom and both to the Dane: the chief Cities are Saman, secondly Hielso, both Sea-towns, Woodhouse.but the principal is Wardhouse, seated in the very Northern End of all the Country, being a Town of little Trade, but great Concourso of Shipping that this way are bound for Moscovia, which must needs touch here, and it is so called, as seated in a little Island called Ward.
Weights of Bergen.In Bergen in Norway the Common Weight is a Pound, the 100 l. of London hath been found to make here 92 l. but weighing with a Sling, as they do, is found to be very uncertain.
The Measure is [...]
The particulars of the Trade of this Country, here necessarily to be handled, I am inforced to omit, by reason of my Ignorance, therefore intreat the better experienc'd to supply my Defect therein.
CHAP. CCXVII. Of Swethland, and the Trade thereof.
Swethland, and the Trade thereof. SWethland is bounded on the East with Moscovia, on the West with the Dosrine Hills, on the North with the Frozen Seas, and on the South with the Baltick Seas.
Commodities of Sweden.The Commodities that this Country affordeth for Merchandize, are Lead, Copper, and Silver, drawn out of their Mines, and it aboundeth also with Hides of Bucks, Goats and Oxen, Tallow, Tar, Malt, Barly, Rich Furs, and the like.
It containeth five Provinces, Lappia, Bodia, Finland, Gothland and Sweden; of all which a word.
Lappia.In Lappia I find not any City of note, being cold and comfortless.
Bodia.In Bodia are the Towns of Vireis and Helsinga.
Finland.In Finland are many strong Towns, populous and rich, Albo and Narve, both of great Strength; also those two strong Cities of Veburg and Ruiallia, which cost the Swebes 100000 Crowns yearly the keeping, by nature defending his own, and offending his Enemies Territories.
Gothland.In Gothland stands the chief City of this Kingdom, Stockholm, seated in the Waters, after the manner of Venice, and the Residence of the Swedish King; next Lodusia, a Town of great Traffick; then Waldburg and Colmar, two impregnable Cities.
Sweden.In Sweden are the chief Cities of Upsal a Bishoprick, Nicopea a Sea-town of good Strength, and Copperdole, most famous for its abundance of Brass, which is here in such plenty, that there are found 400 Brass Pieces in the Castle of Stockholm; under which I will comprehend the Trade of Sweden.
CHAP. CCXVIII. Of Stockholm, and the Trade thereof.
Stockholm. and the Trade thereof.BEcause I intend, upon the general Trade of Estland, to handle some particular Cities belonging to the Crown of Sweden, therefore I shall be the briefer upon the Trade of this City of Stockholm, the Metropolis of this Kingdom. Stockholm then being the Residence of this King, whose Arms of late were so prevalent in Germany, is accounted famous in these Northern Regions for the great Concourse of Merchants and Traffick here daily practified seated in watry Marshes, after the manner of Venice, and supposed to be built upon Piles, and therefore bears in their Language some Construction thereof, which not improperly may bear in our ancient English the same sense: It is situate in part upon the Lake of Meller, and in part upon the East-Sea, out of which the great Trade of Shipping to this place doth come and enter by a deep and narrow Channel, spacious and commodious for Ships of the greatest Burthen; but the Fort of Waxholm on one side of the Passage, and the Fort of Digne so fitly seated opposite to the same, in the narrowest of the Gut and Streight, command the whole Channel, and guard the Lake and City, and no Vessel is suffered either to go in or out, but here have their Congé and Admission. It is besides fortified with a strong Castle, wherein are found, for the Defence thereof, 400 Pieces of Brass Artillery; and for the Beauty thereof, it is adorned with many goodly private and publick Buildings, the King's Palace being more renowned for its Antiquity, than the stately Structure thereof.
Commodities of Stockholm.The Commodities for Transportation found in this City are principally Iron, Steel, Copper, Wire, all sorts of Grain, Lead, and other Minerals, also Honey, Wax, Tallow, Hides brought from Mosco, and the like: which is hence dispersed into all parts of these Northern Climates.
Coins current in Swethland.The Moneys generally current throughout the Kingdom of Sweden, is the Dollar, which is divided into Marks, and 8 Marks make a Dollar; and this Mark is divided into Clippings, so that two Clippings make a Mark, and a Clipping is accounted for 9½ Stivers Flemish; and by this Dollar they exchange with other neighbouring Countries, and it is valued in sterling Money at ( [...])
Weights of Stockholm.The Weight in use here is the Pound, and the 100 l. of London hath produced here 116 l. They have here also two Ship-pounds, one proper to this Place, which is 320 l. of this Weight, and the other is 340 l. The proper Ship-pound of Dantzick is 34 Stones, as in the Chapter of Dantzick appears; and this Quintar or Pound is found to agree with Narva, Riga, Revel, Danizeck, and some Towns of Trade in the Baltick Sea.
[Page 251] Measures of Stockholm.The common Measure of Length here used is the Ell, and is the same in all Sweden, except some principal Towns of this Tract hereafter noted, and the 100 Yards of London doth produce 1 [...]½ Ells; but note, That in Barrow in Sweden this Ell is found to be very uncertain, for the Bigness of a Man's Head is measured about with a Rope, and this they account for an Ell; so that here a great Head may be some benefit to a Merchant, for by this Rule the greatest Loggerhead shall have consequently the largest Measure.
Of Corn. Corn is here sold by a Measure called a Loop, 23 Loops make a Last in Amsterdam, or 10 Quarters in London.
CHAP. CCXIX. Of Moscovia, and the Trade thereof.
Moscovia, and the Trade thereof. MOscovia is bounded on the East with Tartary, on the West with Livonia, Lituania, and part of Sweden; on the North with the Frozen Ocean, and on the South with the Caspian Sea, the Turks, and Palus M [...]otis.
Commodities of Moscovia.This Country affordeth for Merchandise, Furs of many sorts, Flax, Hemp, Whales-grease, Honey, Wax, Canvas, Ropes, Cables, Caveare, Astrican Hides, Tallow, Raw-hides and Bulgars.
Famous Rivers of Moscovia.The many Rivers that are found to be in this Country do much further Trading in general: F [...]st Tanais, which disburtheneth it self into Palus Moeotis. Secondly, Dunia, which entreth into the Scythian Seas, at the Abby of St. Nicholas, where our English, since the Discovery of the Northern Passage, use to land and disperse themselves into all parts of this vast Empire. Thirdly, Boristhenes, that entreth into Pontus Euxinus. Fourthly, Onega, which openeth it self into the Bal [...]k Sea. And lastly Volga, which with no less than 70 mouths disgorgeth it self into the Caspian.
This Empire is divided into nine principal Provinces, which together with the chief Towns thereof I shall only touch.
Novograde. Novogradia is first, the chief Town being Novograde, seated on the Dunia, and once one of the four ancient Mart-Towns of Europe, now of late decayed, since the Discovery of the new Passage unto the Town of St. Nicholas, by the River Obye.
Plescovia. Plescovia is the second, wherein is the City Plescove, the only walled City in Moscovia, and yet of no great Eminence.
Veladomira. Valadomira is the next, having also a Town of that Name.
Rhesen. Rhesen is the fourth, wonderful plenty in Corn, that neither can Birds fly, nor Horses run through it for thickness; the chief Town Rhesen was the Metropolis of Russia, it is the first part of Moscovia, abounding in Grain, Honey, Fish, and Fowl without number.
Servia. Servia is the fifth, the chief Towns are Staradab and Pativola.
Permia. Permia is the sixth, the chief City [...]s Sickwiardley, abounding in Stags.
Candora. Candora is the seventh.
Petrosa. Petrosa is the eighth: in both these Countries the Inhabitants do live under ground, and have for half the year together perpetual Day, and the other half perpetual Night, as situated beyond the Arctick.
Moscovia. Moscovia is the ninth, Mosco.and so named of the principal City Mosco, being about five miles round, having therein 16 Churches, of which the one half are made of Wood and Dirt, as most of the Houses are: the Emperours Palace standeth in the midst, and is fortified with 3 Bulwarks, and 17 Turrets, continually guarded with 25000 Souldiers. This is the most populous Province of all this great Empire: for it extendeth 2000 miles in Length.
Smalensko.Besides these, there are yet some petty Provinces wherein are found the Towns of Smalensko, then Toropiers, next Colopigrod, Landiskron, and some others of lesser note, which I willingly omit, till my Observation be better.
The Trade of the English was begun here in the time of Queen Elizabeth of England, and Basiliades King of this Country, about the year 1575, and within 10 years after it was perfectly setled: and because the Trade of Moscovia is confined to a small Circuit in these vast Dominions, it will not be improper that I comprehend the same under the Title of the Metropolis of this Kingdom, Mosco.
CHAP. CCXX. Of Mosco, and the Trade thereof.
Mosco, and the Trade thereof. MOsco is the Metropolis of all this large Kingdom, to which the Emperour some years past repair'd, most fit for the Government of so large an Empire, as accounted the midst of all his Dominions. It is pleasantly seated on the River Mosca, running into Tanais, where it loseth its name; and passing Assaw, disgorgeth into the Palus Meotis, and so into the Euxinus. About fifty years past it was esteemed ten miles in circuit, and in its height of Greatness then burnt by the Tartars wherein 80000 Persons were consumed, and since reduced to five miles compass, beautified with 16 Churches, some of Stone, some of Timber and Earth, and with the Palace of the Great Duke situate in the very Heart thereof, enriched with the Branches of two Rivers for Use and Ornament, which water two strong Forts that defend the place. St. Nicholas.At the Abby of St. Nicholas the Patron of this Country upon the River of Dunia, or Obby, the English Merchants use to land, and thence disperse themselves to Smalensko, Novograde, hither and into all other parts of this vast Empire, amongst whom they find kind entertainment, and by the Favour of the Prince have larger Immunities granted unto them than to any other Nation, their trafficking attributed to the never dying Fame of Queen Elizabeth, in whose days the Trade was here first settled, and to the plausible Behaviour of the English Merchants in general.
Accounts in Moscovia.The Merchants here are observed to keep their accounts in several manners; some as the English, by Rubbles and Pence, or as the Inhabitants term them, Muskofkins, 200 whereof making a Rubble, which is accounted two Rix Dollars. Some again, as the Dutch and other Nations, by Rubbles, Grevens, and Muskofkins or Pence, accounting 20 pence to a Greven, and 10 Grevens to a Rubble, which is most in use here, this Rubble being found an imaginary Coin, and not real.
Coins current in Moscovia.The Current Money here is a Capeck, in value a Stiver Flemish, and somewhat more than as English Penny; for 10 Capecks is a Greven, which the English call 12 pence sterling, because that 10 Grevens is a Rubble, which is 10 shillings sterling. Three Capecks they call an Altine, by which name all Receipts and Payments are made in bargaining and Contracts, 33 Altius and 1 Capeck making a Rubble.
Exchanges of Archangel.At Archangel is sound practised amongst the Merchants an Exchange for Moneys, rising and falling, according as the Russ Moneys are observed to be plentiful or scarce; the English sometimes among themselves giving 11 shillings, and 11 shillings 6 pence sterling in England for the Rubble here; and the Moneys commonly taken there in August to be paid in London the last of December following.
Weights of Moscovia.The Weight of Moscovia common in use is the Pood for fine Goods, and the Bercovet for gross Goods, the one being derived from the other.
By the Pood is weighed Silk, Bever-wooll, Yefts, &c. and is accounted for 40 l. Russ weight: and 3 Pood hath been observed to make 112 l. English, which by this computation should make 37⅓ l. Averdupois, and all Goods there bought by the Pood is 10 per cent. Loss in England.
By the Bercovet is weighed Tallow, Hemp, Cable, Yarn, Coil or Lard-ropes, and all gross Commodities, and is a Russ Ship pound: 10 Poods makes a Bercovet, which makes 300 l. suttle Averdupois, so that all Goods being bought there by the Bercovet or Ship pound is hell 10 per cent. Profit: for commonly the English Merchants reckon the over-weight to pay the Freight of some Goods so bought.
Measures of Moscovia.The Measure in Length here generally used is called an Archin, being a Brabant Ell and ½ a Nail, or something more than ¼ of an English Yard, reckoned by the English Merchants there resident two per cent. more, and may be incirca 28 inches, so that the 100 Archins may produce in London 77 in 78 Yards, and the 100 Yards be here 128½ Archins, or thereabout.
Commodities of Moscovia.The Native Commodities of this Country in general I have already nominated, it will not be amiss I should particularly view them, and the ordinary Rates they carry in price, together with the Marks whereby their Goodness and Quality is discerned.
Sables.Their most precious Commodities and Merchandize hence exported by forein Nations are their rich Furs; the principal is the Sables, bought commonly by the Timber, which contains 40 Skins, which must be large and well-colour'd, and are found of all Prices as in Goodness, from 15 to 200 Rubbles the Timber.
Black Fox. Black Fox-Skins are known amongst all Northern Merchants for the richest Fur in the World, and is here found in great store, bearing a Price as in Largeness and Growth, from 5 to 200 Rubbles apiece.
[Page 253] Otters. Oter-Skins are here found plenty, by reason of the many Rivers of this Country, accounted the Region of Springs and Streams, sold by the Timber of 40 Skins, from 5 to 40 Rubbles the Timber.
Minikins. Minikins are sold by the Timber of 40 Skins, and commonly sold about 6 Rubbles the Timber.
Martins. Martins are also sold by the Timber of 40 Skins, about 15 Rubbles per Timber, rising as found in richness of Hair.
Ermins. Ermins sold also by the Timber of 40 Skins, about 2 Rubbles per Timber.
Squirrels. Grawert or Squirrels sold by the thousand, as in Goodness, from 14 to 30 Rubbles the thousand.
Foxes red and white and dun. Red Foxes by the 10 Skins, at 10 or 15 Nobles the 10 Skins.
White Foxes by the Piece, about 5 Altins the piece.
Dun Foxes by the Piece, about 40 Altins the Piece.
Sable Rands sold by the Pair, from 2 to 6 Rubbles the Pair.
Bever. Bever-wooll is a Staple Commodity also of this Kingdom, and sold by the Pound about 2½ Rubbles per Pound.
Bever Wombs also by the Pound, being a thin Skin and well grown, is commonly worth 1½ Rubble per Pound.
These are the ordinary Furs which their Northern Climate affords for Merchandize, the next found are these.
Bees Wax. Yellow Wax is here found made by the Industry of the Bee and hands of Man, in great abundance, sold by the Pood, which is 40 l. here; the hardest and best colourd bear Price here commonly about 4 in 5 Rubbles the Pood.
Tallow. Tallow is sold by the Berquet, which is 10 Pood, being clean, white and hard, about 7 in 8 Rubbles the Berquet.
Tar. Tar is sold by the Hogshead, being thick, as the best is commonly worth ( [...]) per Hogshead of ( [...]) Gallons English.
Train Oyl. Train Oyl is sold by the Barrel, which is half a Hogshead, and discerned by its Clearness without Grounds, and of a whitish Colour, about 4 Rubbles per Barrel, of ( [...]) Gallons English.
Hemp. Hemp is sold by the Berquet of 10 Poods, being clean and green, bears price commonly from 3 to 5 Rubbles the 10 Pood.
Flax. Flax is sold by the Bercovet; the bright Silver-colour is held the best, commonly about 7 Rubbles the Bercovet.
Cable Yarn. Cable Yarn is sold by the Bercovet, and being well spun round and not too much twisted, from 67½ Rubbles the Bercovet.
Coyls. Coyls or Tard Ropes by the Bercovet, about 7 Rubbles the Bercovet: where note, That the English and other Nations hither trading, buy here great quantity of Hemp, and spin it out here into Yarn, to save the charges of Fraight: every 1000 Poods do cost about 100 or 110 Rubbles Charges; and, if the Hemp prove good, there is found near ¼ Loss; if bad, so much more, and worth, being in Cable Yarn, as I said above, from 6 to 7½ Rubbles the Bercovet.
Cow-hides. Dried Cow-hides, being large and weighty, are sold by the 100 Hide, worth from 40 to 44 Rubbles the 100.
Evits. Red Evits by the Pair, at 2½ Rubbles per Pair, and sometimes sold by the Pood, at 40 Rubbles per Pood: And note, That the White are commonly worst esteemed by ⅕ in price.
Losh-hides. Losh-hides are sold by the Piece, the largest and not worm-eaten is the best, from 6 Grevens to 5 Rubbles the Piece, as in Goodness.
Feathers. Duck-Feathers sold by the Pood, as in Goodness, from 3 to 5 Rubbles the Pood.
Caviare. Caviare is also a principal Commodity here sold by the Pood, and commonly worth 40 Altines the Pood.
Linens. Coarse Linen is made here in great quantity, sold by the 1000 Archins of ½ Yard, and ¾ the broad from 15 to 20 Rubbles the 1000 Archins, as found in Fineness.
Some other Commodities this Country affordeth, which I omit, as of no great consequence.
CHAP. CCXXI. Of the Trade in general of Moscovia.
Of the Trade in general of Moscovia.THE excellent Commodity of the great Rivers that in all places of this large Empire are found to water and enrich this Country, should much incite this Nation to the Trade of Merchandize; but it is often found, that where Nature is most liberal in her Furtherances, the Inhabitants prove most backward in their Endeavours; the natural Coldness of the Climate inclosing the People into their warm Stoves, and the Neighbourhood of the Tartars (who in some respect resembling Dogs, neither suffering the Moscovites to traffick, nor yet traffick themselves) by their continual harrying of the Country, and the often Incursions and Wars of the Swedes, may in some sort serve them for a reasonable Excuse; yet it is sound, that these Wars prove main Helps sometimes to their Traffick, especially in Furs, for their Bodies thereby inured to Cold and Hardness, make the Pastime of Hunting a profitable Exercise in the worst Season of the year, the rest of their Merchandize come to them very near in the same kind: for it wholly depends upon Manufactures and Labour for Cordage; Linens and Yarn they have from the Earth, as their Hides, Tallow and Wax upon the same; the Caveare and Train Oyl, and some other such by Fishing: so that it may be supposed they are more addicted to Husbandry and Fishing than to Merchandising. The English about the year 1575 first discovered the Trade, and found here good Entertainment and great Privileges from the then reigning Prince, and the first Discoverers were in London incorporated into a Society of Merchants, by the name of the Moscovia Company, by Grant of Queen Elizabeth; which Company hath been subject to some Alterations and Contingencies of their Trade, by reason of some cross Accidents happening; Mr Henry Graway Alderman, being at present Governour.but being in England ordered by the Advice of a Governour, Deputy, and certain select Committee, and in Moscovia by an Agent, who regulate the same, by whose Wisdom they have of late so prudently setled their Trade in general, and reformed their past Errors, that it is now seen to flourish, and in likelihood to increase daily, to the particular Benefit of that Company, and the Good both of this and that Kingdom in general.
CHAP. CCXXII. Of Polonia, and the Trade thereof.
Poland, and the Trade thereof. POland is limited on the East with Boristhenes, which parteth it from Germany, on the West with Vistula, which parteth it from Germany, on the North with the Baltick Sea, and Sinus Frinicus, on the South with Hungary.
Commodities of Poland.The chief Merchandize that this Country affordeth for Transportation, is Barly, Oats, Anber, Wax, Honey, Hemp, Pitch, Yar, Rosin, and some Cordage, with other Commodities.
Rivers of Poland.The chief Rivers are, first Vistula, navigable 400 miles, and endeth in the Baltick Sea, Niger, Reuben, Bog, Mimel, and others. The Provinces are accounted to be 11, and the principal Towns are as followeth.
Luconia. Luconia is the first, in length 500 miles, in breadth 160; where are Riga an Archbishoprick, Derpt a Town of great Commerce, Ruialia and Narve two strong Towns.
Lituania. Lituania is the second, abounding with Beasts, which yield the Inhabitants Furs for Commodities; the chief Cities are Vilna, Vilcomire and Brescia.
Volinia. Volinia is the third, wherein are found Kiovia and Circassia.
Samogitia. Samogitia is the fourth, the chief Town is Camia.
Podolia. Podolia is the fifth, affording three Harvests of one Sowing; the chief City is Camiense, held invincible, seated on high Rocks, Orkacow, Wincecsa, and others.
Russia, Russia Nigra is the sixth, wherein are found Leinburg, Grodeck, &c.
Prussia. Prussia or Spruce is the seventh, wherin upon the Sea-coast is Amber found; the chief Cities are Dantzick, a famous Mart, especially for all sorts of Grain, 1000 Measures whereof being here daily sold. 2. Regiomount or Conisberg, a famous University. 3. Heilsperg. 4. Manberg. 5. Angenberg. 6. Culne, and others.
Podlasia. Podlasia is the eighth, wherein are Ticocksin, where the Royal Treasury is kept, Biesco, Knisen, and others.
Masovia. Masovia is the ninth, the prime City being Marksow.
Poland. Poland is the tenth, wherein is the Metropolis of Polonia which is Cracovia, seated pleasantly on the River Vistula; here are also the Cities of Lublins, Guisna, Siradia and others; and of the principal of these, or others seated in this Tract, as followeth.
CHAP. CCXXIII. Of Cracovia, and the Trade thereof.
Cracovia, and the Trade thereof. CRacovia is the chief, and Metropolis of all the Kingdom of Poland, where the King and his Council have their continual Residence; it is seated in a Plain, having Mountains on all sides, but somewhat distant; it is compassed with two strong Walls of Stone, and a dry Ditch; the Building is very fair, of Free-stone, 4 stories high, but covered with Tiles of Wood or Shingles, it is of round Form, in the midst whereof stands a large quadrangular Marketplace, wherein is seated the Cathedral Church, and the Senate house for the City, about which are many Shops for Merchants: upon the East-side of the City is the King's Castle, fair and well built on a Hill, lying open on the South-side, without any Building above the Wall; on the East side are the King's and Queen's Lodgings, on the North-side Lodgings for Feasting, on the West a Chappel where the Kings are interred: it hath not received any great Fame for Merchandising, many Scotch-men have attained to some Estate here by Trading, but it may more properly be called Pedlarising than Merchandising, for they have a moveable Magazine which they transport by Horse from Town to Town, wherein their Commodities are inclosed; and not a few such are found to have begun this Traffick at first by their Backs, and afterwards by Horses.
Their Coins current with their Weights and Measures I shall here insert.
Coins current in Polonia.It is not above 300 years since the Polonians used Silver Coins stampt; for before that time they did traffick with little pieces of uncoined Silver, and by the Exchange of Skins, and other such Commodities; but at this day they make all Contracts by Silver Guildens, but have no such real Coin amongst them: the Coins current are these, a Gold Ducat, known by the name of Polander, is of the same value with the Hungarian Ducat, and worth 70 Polish Groshe; a Silver Guilden or Florin is worth 30 Polish Groshe, which is 2 s. sterling; a Dollar in specie is worth 40 Polish Groshe; but in all Contracts for buying and felling, the Dollar is accounted 36 Grosh; a Creitzer is worth 3 Potchanels; 18 Deniers make 1 Grosh; a Grosh of Poland or Bobenia, is worth 7 Potchanels; 16 Whites make 1 Ort, 4 Orts make a Dollar, valued at 4 s. 4 d. sterling.
Weights of Cracovia.The common Weight of Cracovia is the Pound, 136 l. whereof is here acounted a Quintar, which makes in London 114 l. circa, and the 100 l. of London hath yielded here about 120 l. but the common Pound is reduced to a Stone, and to a Ship Pound, which is 10 of the said St [...]es.
Measures of Cracovia.The common Measure of Length is an Ell, which is ½ an English Ell, but they sell their Linen by Shocks, which produceth 57½ Ells English the Shock.
CHAP. CCXXIV. Of Dantzick, and the Trade thereof.
Dantzick and the Trade thereof. DAntzick is a very fair City, standing at the foot of a great Mountain that hangs over it, the famous River Vistula passing by it on the East-side, and running towards the North falls into the Baltick Sea, a little Brook enters the City on the South-side, and runs through it toward the North, affording many Commodities to the City: as first a Fair Water Conduit, where by a Mill the Waters are drawn into a Cistern, and thence by Pipes serving every private Citizens House, then a Corn mill for the Senate (besides their private Mills.) which affords them in every hour a golden Guilden throughout the year to their publick Treasury; and besides many other Mills, it hath one for sawing of Boards and Timber, having an Iron Wheel, which not only drives the Saw, but hooks in and turns the Boards to the Saw without the help of Hands; the Corn Granaries of this Town are also fair, remarkable and many in number, wherein the Citizens do lay up the Corn coming out of Poland, and according to the Wants of Europe, carry it into many Kingdoms, and many times relieve fruitful Provinces in time of casual Dearth; into which Granaries, under a great Penalty, no Man may carry either Fire or Candle lighted, by a Law enacted amongst them.
The City is compassed with one Wall, yet contains three several Cities, governed by three distinct Senates, out of which one chief Senate is chosen to govern the whole City; and according to the Roman Superstition they have St. George for their Protector, whose Red Cross they carry in their Flags, as doth also England, Genoua in Italy, and the Island Saio in the Arches; the City is seated about one English mile from the Baltick Shore, the Port being call'd Dermind, where the Ships of Burthen do ride to lade and unlade their Commodities; and the [Page 256]City being acknowledged a Free Town, is permitted to coin Moneys; which as I find observ'd I shall note here, together with the Weights and Measures here in use.
Accounts in Dantzick.Their Accounts are kept here in sundry manners; the common being by Polish Guilders, of 30 Gross, and 12 d. to a Grosh.
But Merchants buy Commodities here by the great Mark of 60 Gross, and by the lesser of 15, and also by the Dollar of 35 Gross, of 3 Stivers the Grosh.
Coins current in Dantzick.Their Moneys current being thus accounted; 1 great Mark is 2 Polish Guilders; 1 Polish Guilder is worth 2 lesser Marks; 1 lesser Mark worth 15 Grosh, and the Grosh 18 d. Besides which, they coin Hungarian Ducats of Gold as they do in Poland, and they have 2 Coins in Gold, called a Milres, and half a Milres; each Milres is 3 Dollars and 2 Soslins, 36 Polish Grosh are here a Dollar.
Weights of Dantzick.The Weight in use here is the Pound for fine Goods, the 100 l. in London making here 116 l. Besides which they have a Skip pound and a Lis-pound thus distinguished, 16 Mark pound are a Lis-pound, and 20 Lis-pound make a Skip-pound, by the small Stone of 24 l. for Spices, &c.
But they have also a great Stone to weigh gross Wares, as Flax, Wax, and the like, of 34 l. whereof 10 l. to the Skip-pound of 340 l.
Measures of Dantzick.The Measure for Length of this City is the Ell, the 100 whereof makes in London about 49 Ells, and the 100 yards of London do here make 162 or 163 Ells incirca.
The Measure of Beer is the Fat, which contains 180 Stoops, and is accounted 81 Stoops of Antwerp.
The Measure of Corn here is the Last, which contains 61 shepels, 56 whereof make a Last in Amsterdam, or 10¼ Quarters of London, 4 shepels make a Mud, which is the Ship-pound beforementioned of 34 l.
Accounts in Estland. Merchants for the most part throughout all Estland are found to keep their Accounts in Flori [...] or Guilders, and in Groshes and Deniers, accounting 12 Deniers to the Grosh, and 20 Grosh to the Guilder or Florin.
CHAP. CCXXV. Of Elbin, and the Trade thereof.
Elbin, and the Trade thereof. ELbin, a small yet a fair City, and of late days compassed with Walls, grown great and large by the Trade and Residence of the English Merchants, who since upon some Grievance and Discontentment are hence removed. In this City lies the Gross of the Trade of Prussen, especially for all the gruff Goods of that Dukedom; it once appertained to the Testonick Knights, but now to the Kings of Poland, and whom for the present the Citizens acknowledge for their Protector, and otherwise it yields him but little Obedience, being of it self a Free City: from this City towards the North-east is a Channel that runneth up to Conixburg, the Seat of the Dukes of Prusland, by which all Commodities are transported and conveyed from one to the other.
Weights of Elbin.The Coins current, and the manner of their Accounts here kept, I have touch'd before, and the Weight in use here is the Pound, 40 whereof make a stone, and 10 stone of 40 l. make the Ship pound, which is 400 l. and is 350 l. of their great Weight, and the 100 l. of London hath been found to make here 120 l.
The Last of Wheat is here accounted for 5200.
Measures of Elbin.The Measure of Length in use here is the Ell, and the 100 yards of London are found to make here 163 Ells. There are also in this Tract found for eminent Cities of Trade, Conixburg, Stetin, Straelsond, Reuel, Riga, of which a word or two, and first of Conixburg.
CHAP. CCXXVI. Of Conixburg, and the Trade thereof.
Conixburg, and the Trade thereof. COnixburg, vulgarly called Queensburg, and in Italian, Mount Royal, is the Metropolis of this Dutchy, seated upon an Inlet of the Baltick Sea, and washed with the pleasant River Fiegol; it is found to have an Academy for Sciences, and well stored with Merchants from all the Northern parts of the World; and here the Merchants of Prusen keep their Factors for the vending of their inland Commodities. Upon this shore is also found in some quantity that excellent Amber, which the Inhabitants call Berstein, which in English may be translated the Burning Stone, of which some Writers make three sorts, the first coming from certain Gummy Trees, the second made by Art of Gold and Silver, and other ingredients; and the third, this sort coming naturally from the bottom of these Seas, which for six Months are frozen up, and deny the Sea-man and Merchant the use of Navigation.
Weights of Conixburg.The Monies and Accounts here in use are mentioned before: and the common Weight used amongst Merchants is the Stone, containing 40 pound, and 10 Stone makes a Ship pound, of 400 pound, and the 100 l. Averdupois of London doth yield here about 120 l. or 112 l. besides which, they have also the Ship pound of Dantzick in use for some Commodities of 350 l. but this Weight is to be avoided by the Strangers as being ever accounted too favourable to the Citizens.
Measures of Conixburg.The common Measure of length is the Ell here for all Commodities measureable: the 100 Yards of London, hath made here by Observation 166½ incirca. And thus much shall suffice to have said of this City; from whence proceeding, I come next to Rhiga and Revel, two eminent Cities in this Tract.
CHAP. CCXXVII. Of Rhiga, and the Trade thereof.
Rhiga, and the Trade thereof. RHiga is the principal City of Livonia, or Lissland, seated near the Embosure of the River Dunia, strengthened with an exceeding strong Wall, many Ordnance to desend it against all Enemies, and bordering upon the Lissland Sea: it was formerly the chief residence of the Teutonick Knights, and then and now reinforced by the Garrison of D [...]mund, accounted one of the impregnable Forts of this Northern Climate, where all Ships entring, are searched, and pay a certain Toll or Duty: the Inhabitants curious for the preservation of their Liberty, acknowledge the King of Poland for their Protector, to whom they pay a yearly Contribution, but else are governed by their own ancient Laws and Privileges, which they enjoyed from the Knights their old Masters, at the resignation of this Country to that King.
Commodities of Rhiga.The Commodities of this Country for Merchandizing and Exportation, is Corn, and Grain of all sorts, Hemp, Flax, Honey, Wax, Rosin, Tar, Horses, and all sorts of rich Furs, as Martins, Ermins, Sables, Bevers and the like, not wanting any necessary for nourishment save Wine and Oyl, which foreign Nations do bring them.
Weights of Rhiga.The Weight in use is the Pound, 20 pound whereof makes a Lis-pound, and 20 Lis-pound makes a Ship-pound, and 12 Ship pound being 4000 pound, is accounted a Last of Rie both here and at Narva, and the 100 pound of London hath been observed to make here 116 pound.
Measures of Rhiga.The Measure is the Ell, agreeing with the Ell in use in Kevel, Conixburg, and Narva, 100 yards London making 160½ incirca.
Coins in Rhiga.The Coins and Accounts differ not much here in value from the others before-mentioned, yet found to differ in appellation: for the Rix-Dollar, and the Mark-Lups, is here all one, which makes two Swedens or common Marks, and one Sweden is eight Lups-shillings, one Lups is two Shillings, one Shilling is twelve Pence, and one Peny is two Hellers.
CHAP. CCXXVIII. Of Revel, and the Trade thereof.
Revel, and the Trade thereof. REvel is nothing inferiour for Trade to Rhiga, situated on the North of the Bal [...] Seas, famoused in these Northern Countries for the safety and commodiousness of the Haven: it is well stored of Merchants that frequent the place for the Traffick of the Commodities thereof, nominated in the aforegoing Chapter. The Inhabitants stand much upon the [...] antient Privileges granted them by their old Masters the Teutonick Knights, and acknowledging the King of Swedeland for Protector, to whom they yield obedience, the keeping of which cost him 100000 Crowns yearly, as naturally defending his own, and offending his Neighbours Territories. This City in one thing hath a larger freedom than Rhiga, and is the same as in Lubeck for coining of Moneys, which they do four square, yet are bound to stamp the same of the same worth and value as the current Coins of Poland, therefore I shall not need further to insist thereupon.
Weights of Revel.Their common Weight is a pound, their Ship-pound is 400 l. and the 100 l. of London make here 116 l.
Exchanges of Revel.There is found some Exchanges practised in these parts by the Mark Swedens of 16 s. and by the Mark-Lups of 32 s. &c.
Measures of Revel.Their common Measure of length is the Ell, agreeing with that of Conixburg and R [...], the 100 Yards, London, making by computation incirca 166½ Ells here. Narva also seated [...] this Tract, agreeth in Weight and Measures with Revel, therefore I shall not need to in [...] further thereupon.
CHAP. CCXXIX. Of Stralsont, and the Trade thereof.
Stralsont, and the Trade thereof. STralsont lies also in this Tract, and is found seated on the Baltick Sea, opposite to the Island of Raugi, where the late King of Sweden first landed in his Invasion of the Empire: it is now subject to the Duke of Pomeran, and in whose cause it hath endured; long and streight Siege; but being well and strongly fortified, by suffering it overcame, and [...] now accounted a famous Mart in these Northern parts for Grain, Pitch, Tar, Rosin, Honey, Wax, Hides, Tallow, and the like. Here passeth in Merchandize the Moneys of Nor [...], Denmark, Sweden, and Germany, of all which I have spoken, and the Duke hath also a pecular Coin, which is stamped in equal value to the Imperial Dollar, as above is said.
Weights of Stralsont.The Weight of Stralsont is the Pound, 10 whereof is accounted for a Stone, and 16 for a Lis-pound, and the 100 l. in London hath produced here about 88 in 89 pound.
Measures of Stralsont.The Measure of length is the Ell, and is found to agree with the Ell of Statin, as is shewed hereafter.
Julin.I must not here omit a word in memory of the antient City of Julin, seated in the Dutchy, and which once was the principal City of Trade in all this Sea: for here the Vand [...], Saxons, Muscovites, Polonians, Swedes, English, Danes, and Germans, had their several Quartes of residency for Commerce; and all the Commodities of these Countries were brought [...]ither by these Nations. It is noted, that the Inhabitants were the last of all these Northern People that imbraced the Christian Religion, by reason that being in the height of their prosperity, perceiving the Gospel of Christ to thrive and increase in all their Neighbouring Territories, strictly prohibited, that no Stranger whatsoever here resident should embrace the same, nor that any should as much as mention any new Religion unto them; but in these latter days their great Traffick is lost, and they are become Religious according to the Superstition of that Religion they use, and since have suffered much by the vexation of the continual Wa [...] of the Danes, and appears now for the most part ruined, where I leave it, and pass thence to the next Town of Pomeran.
CHAP. CCXXX. Of Stetin, and the Trade thereof.
Stetin, and the Trade thereof.THIS Stetin is the capital City of Pomerania, situate upon the River of Oder, in a pleasant and delightsome Soil, and carrieth in these Northern Regions that Renown, that from hence the Dukes of Stetin in Pomerland have their appellations. The City abounds in all Commodities for Merchandize that the Neighbouring Countries afford; and of it self it yieldeth to Merehants the Commodities common to Prusen, Sweden, and Polonia. For its defence, it is strengthned on all sides with Ramparts, Ditches, and good Artillery; the River of Oder is bea [...]tified with many useful and necessary Bridges, the one whereof is purposely made to lead to the Granaries and Store-houses, where the Corn and Grain, either for Store or Exportation, is laid up, and where their Arsenals are seated, in which their warlike Provision is kept, and where Vessels of all sorts both for Sea and River is seen daily to be fabricated; beside the several Churches and Colleges that adorn this City, the Duke's Palace must be accounted as the principal Ornament, built of that Art and Sumptuousness, that it gives not place to the most excellent in Italy; in fine, Stetin is not to be accounted the least of the Hans-Towns and tho' the Prince be daily there Resident, yet it proveth no way prejudicial to the Privileges thereof.
Commodities of Stetin.The Commodities of this City are for Merchandizing, such as all the East Country affordeth, viz. Tar, Pitch, Rosin, Honey, Wax, Hides, Grain, and all kind of Furs.
Weights of Stetin.The Weight of this City is divided into two kinds, derived from the Pound weight here in use, the Quintar is accounted 112 l. of this place, and that is the first, and the second is the Stone, which is also of two sorts; as a Stone of 10 l. being the small Stone, and a Stone of 21 l. accounted the great Stone; and it hath been observed, that the 10 l. of London Averdupois, bath yielded here incirca 92 l.
Measures of Stetin.The common Measure in the use for length is called the Ell, as the usual denomination thereof in all the East parts, and the 100 Yards of London hath been observed to produce here about 141 Ells.
And thus much shall serve to have said of these Cities, which I have entitled under the Names of P [...]land and Eastland, though in themselves acknowledging several distinct Princes, having taken that liberty to my self in my first method, rather narrowly to observe the maritime Shores, and the principal Cities seated thereupon, though acknowledging divers Sovereigns, than precisely to follow the limits and bounds of Princes Dominions according to the largeness and extent of their Command and Power.
CHAP. CCXXXI. Of the Weights and Measures of Eastland to that of London.
NOW, forasmuch as there may be many other eminent Cities of Trade, which in particular, I have willingly omitted to handle, therefore according to my observed order, I will contract them here, and shew how the Weights and Measures of London do agree, and are found to accord together.
The agreement of 100 l. London to divers of Poland.And first, I find it observed, that the 100 l. of Averdupois in London doth make in these Towns following, viz. in
l. | |
Straelsont as I said | 88 |
Stetin | 92 |
Revel | 116 |
Dantzick | 116 |
Conixburgh | 120 |
Rhiga | 116 |
Thoren and Narva | 116 |
Cracovia | 120 |
Elbin | 120 |
Wild | 116 |
Agreement of the 100 yards London to divers of Poland.And thus much shall serve for the Weights in general of Eastland; and for the Measures take here the same Observations made upon 100 Yards of London, which produceth in [Page 260]
Ells. | |
Embden | 163 |
Hamburgh | 162½ |
Bremen | 163 |
Lubeck | 160 |
Munster | 86½ |
Ossenbridges | 84 |
Wismar | 156½ |
Conixburg | 166½ |
Riga and Kevel | 166½ |
Rostick | 158 |
Gripswald | 163 |
Donim | 163 |
Stettin | 141 |
Dantzick | 163 |
Ocermond | 141 |
Melluine | 161 |
Narva | 166 Ars [...]. |
CHAP. CCXXXII. Of Corn-Measures of Eastland reduced to that of other Countries.
Corn-measure in Eastland.THis Country is above all other Commodities abounding in Corn, which hence is transported into all parts of Europe; it will not be amiss to see what Observations have been made upon the Measure thereof, here in use, and concurrent with other places.
Schepels, 60 in Dantzick make a Last, and 4 makes a Mud, which is the Skip-pond of 340 l. as you find it there noted.
Werpes, 61 make a Last in Emden, or 15½ Barrels of 4 Werpes
Schepels, 90 make a Last in Hamburg.
Schepels, 96 make a Last in Lubeck.
Schepels, 96 make at Fameren a Last.
Schepels, 96 make a Last in Hileger-Haven in Denmark.
Barrels, 42 make a Last in Copenhagen.
Barrels, 36 make a Last in Ebeltorffe donie.
Quarters, 10½ make a Last in London; but in lading of Ships, Quarters five are accounted for one Tun lading.
With the agreement thereof with other Countries.Now let us see how these respond together, and how these agree with the Last of Corn in Amsterdam, upon which I find these notes, and that the same maketh in
Danzick | 56 | Schepels. |
Embden | 55 | Werps. |
Hamburgh | 85 | Schepels. |
Lubeck | 85 | Schepels. |
Fameren | 78 | Schepels. |
Hylegher | 80 | Schepels. |
Copenhagen | 23 | small Barrels. |
Eboltorff | 23 | Barrels. |
Sweden | 23 | Barrels. |
Conixburgh | 6/7 | of a Last, for the 6 Lasts are 7 at Amsterdam. |
Melvin | 17/21 | of a Last. |
Stetin | 6/7 | of a Last. |
Rhiga | 42 | Loops, Rostick and Mechburgh, measures of Lubeck. |
Antwerp | 37½ | Vertales. |
Brussels | 10½ | Muden, and differing in all places of Brabant. |
Middleburgh | 40 | Sacks, 41½ to the Last in Zealand. |
Rotterdam, Delph. | 87 | Achtellins. |
Gronninghen | 33 | Muddes. |
London | 10¼ | Quarters, and 5 Quarters to a Tun. |
CHAP. CCXXXIII. Of the Trade in general of Poland and Eastland.
Of the Trade in general of Poland and Eastland.HAving thus surveyed the Trade of this Country in some particulars, it will not be amise to look upon it in the general. The Revenues both of the King and Gentlemen is here esteemed but moderate, and scarce sufficient to maintain a plentiful Table, and to exchange with Merchants for Wines and Spices, which they yet much covet, as also they do forein Stuffs of Silks [Page 261]and Cloth: I have noted, that this Kingdom aboundeth with Beasts as well wild as tame, and yieldeth excellent Horses, not great but quick, nimble and stirring; it aboundeth also in Flesh, Fowl, and Water-Fish, and in all kind of Pulse and Grain; it is found also towards the Carpathian Mountains of Hungary to have some Mines of Gold and Silver, of Iron and Brimstone; it yieldeth also in abundance plenty of Honey found in hollow Trees, besides the Husband-man's Hives: it yieldeth moreover, Wax, Flax, and Linen Cloths made thereof, Hemp, Pitch of both kinds, Masts for Ships, Boards and Timber, rich Furs, Salt digged out of the Earth, Amber, Soap-ashes, and Rice in abundance, which hath made Dantzick famous throughout Europe.
No marvel then if Merchants bring unto them Silks from Italy, Cloth from England, Wines from France and Spain, and the very Spices and Drugs from India, since they not only sell then at good prices, but also bring thence such precious and staple Commodities. Poland it self is found within land, and Prussia with their immunities subject to this Kingdom, is sound to have the principal Traders therein inhabiting, yet have they but few Ships, using Strangers to export their Commodities. For the rest of the Polanders they are observed to live content with their own, and not by way of Merchandizing to stir much abroad; yet are they not rich, because they want the abovesaid Commodities, which the proud Gentlemen and Nobility of these Countries buy dear, and will have, though brought from far unto them, and they are noted to have so little Gold and Silver, as despising all in respect of it; they sell the rich Commodities of their Country at a low rate, especially those which are for daily Food, and thereby made unfit to be exported. The People themselves are not much addicted to Traffick into remote Regions, nor to travel far out of their own Countries; yet in imitation of other their Neighbours, they sometimes Trade with their rich Furs into other Countries, of whom I have observed some to come to Constantinople, rather making a ranging Voyage, than coming with intent to Trade and Reside. Wherein they cannot be much blamed, in regard that they have in plenty all things that naturally are wanting to mankind, if they can be contented therewith: but the Inhabitants of Pomerland, East Country, &c. are observed to be more ingenious, and far more addict to Traffick and Commerce, and have some Vessels sitter for transport and carriage than for warfare, but yet most proper for their gross Commodities and large Stowage, however their Winter-colds depriving them of almost half the years Traffick: the other half wherein their Seas are navigable, cannot make them any competent amends, and their Merchandize being altogether gross, cannot give them therefore the attribute of Eminent Merchants.
CHAP. CCXXXIV. Of Hungary, and the principal Cities thereof.
Hungary, and the Cities thereof. HUngary is bounded on the East with Transilvania and Valachia, on the West with Austria, on the North with Poland, on the South with Sclavonia, &c.
This Kingdom now stands divided between the Grand Seignior and the Hungarians: Buda.the Great Turk enjoys Buda, seated on Danubius, once the Metropolis of this Kingdom, and Court of the Kings; also Guilia Pest, Alba Regalis, called by them Wesenberg, next quinque Ecclesiae, Rab, and others of lesser note.
In the Hungarians possessions are these principal Cities, Presberg. Presberg the present Metropolis of this Country; 2. Strigonium, 3. Agraria, 4. Comara in an Island of that name, 5. Tertax, 6. Cimista, 7. Segith, before which Solyman the Great Turk ended his days, and some others of lesser consequence.
Commodities of Hungary.This Country doth much abound in Cattel, sufficient to feed all Germany, the Store is so great, that they yearly sell to their Neighbours 80 or 100 Thousand Oxen; they have also some Copper and Tin, some quantity of Corn, Honey, Wax, and such like Commodities, and from hence to Constantinople, I have seen Hides, Butter, and Cheese, that in great abundance have come out of these parts through the Black-Sea. Further matter of Trade hath not remarkably faln into my hands; therefore for the current Coins of this Country, with their Weights and Measures in use, I must refer to the better experienced, and hence travel to Dacia, and the rest of those Provinces comprehended within that circuit.
CHAP. CCXXXV. Of Dacia, and the Provinces and Cities thereof.
Dacia, and the Cities thereof. DAcia is bounded on the East with the Euxine, on the West with Hungary, on the North with the Carpathian Mountains, on the South with Hemus, dividing it from Greece.
The Rivers that inrich this Country are Danubius, 2 Alata, 3. Salvata, 4. Cockle, 5. Mor [...], and some others.
Commodities of Dacia.The Commodities that this Country affordeth for Merchandize, is Butter, Cheese, Honey, Wax, Hides, Oxen, Tallow, and Warlike Horses of great worth.
The Provinces are these, and are all under the command of the Grand Seignior.
Transilvania 1. Transilvania, the chief Towns thereof are, 1 Wisenberg, 2. Clasenberg, 3. Bristitia, 4. Fogar [...], and others, and now in possession of Bethlem Gabar the Vaivode thereof.
Moldavia 2. Moldavia is the next, the chief Cities are Saccania, the second is Falsing, 3. Kilim, 4. Chermon, &c. under a Vavoide, who is Tributary to the Great Turk.
Valachia. 3. Valachia is the third Province, the principal Towns whereof are, 1. Salnium, 2. Pracklabs, 3. Tergovista, the Vavoides Seat, who is Tributary to the Turk. This Country abounds in Mines of Gold, Silver, Salt-pits, Wines, Cattle, and Brimstone, and esteemed the richest of these Provinces.
Servia. 4. Servia is the fourth, and hath these Cities, 1. Stoneburg, the Seat of the Despot, Tributary to the Turk, 2. Samandria, 3. Belgrade, a famous Town, which cost the Great Turk much Blood and Money the getting, and was accounted before the Bulwark of Christendom on this side.
Rasia 5. Rasia is the fifth, the chief City is Bodin, a famous Mart.
Bulgaria. Bulgaria is the next, wherein is found Sophia, the Seat of the Beglerbeg of Greece, who hath under him 21 Sansacks. Next is Nicopolis, and some others of lesser note.
Bosna. Bosna is the last Province, wherein is Casachium, and Jasiga, the residence of their former Despots. All which afford not further matter of Trade: for where the Great Turk once commandeth, Traffick is accounted very rare, and is seldom found of import, and being ignorant in that little there is, I am constrained to omit it.
CHAP. CCXXXVI. Of Sclavonia, and the Provinces and Cities thereof.
Sclavionia. SClavonia hath on the East the River of Drinus, and a line drawn from thence to the Sea, on the VVest part of Italy: on the North, Hungary; and on the South, the Adriatick Sea.
Commodities.The Commodities that this Country doth afford for Merchandize, are Horses for Service, Cattel, Oxon, Hides, Tallow, Butter, and Cheese, and hath some Mines of Silver and Gold, now in the Great Turk's possession. The Provinces and Cities of note in Sclavonia are these
Illyria. Illyria, now by the Turks called Windismark, hath in it Zatha, seated upon Dan [...], 2: Zackaoes, 3. Windisgreets, and others.
Dalmatia. Dalmatia is the second Province, the chief City is Ragusa, situated on the Adriatick Sea, formerly a Town of great Traffick and Riches, and now tributary to the Turk; next is Sci [...], 3. Zara, both seated on the Sea-shore, and subject to the Venetians; 4. Spalatta, a Sea-Town, from whence to Venice that State keepeth many Gallies for transportation of Merchant Goods, and by reason of an unreasonable Fraight by them taken, they stand to the hazard and adventures thereof, which they did to their Cost in Anno 1619. my self being in Nayle when as the Duke d' Ossuna then Vice-King took two of these their Galley grosses laden with a rich Booty, as was reported to the import of 300000 Crowns which the State of Venice were enforced to make good principally to Merchants Turks of Constantinople, to whom the greatest part thereof did at that time appertain, and who are found at this day to be the greatest Traders this way. The next Town is Scodra, famous for the Resistance it made against the Turks; and last, Lissa, famous here for the Sepulchre of Scanderbeg, whose Bones were digged up, and worn by the Turks at the taking of this City, as conceiving them to be of excellent Vertue to make them partake of his good Fortunes. This Province being now divided between the Venetians and the Turk.
[Page 263] Croatia. Croatia is the next, the chief Towns are Cardisca, seated on the River Savus, 2. Brumon, 3. Nivograde, 4. Sisgith, and lastly Petrovia; this Country is now subject in part to the Venetians, and in part to the Austrians; of the Trade of the most principal of this in brief, and first of Ragusa and Spallatta.
CHAP. CCXXXVII. Of Rhagusa and Spallatta, and the Trade thereof.
THE Trade of Sclavonia is at this day but of small Account, and little to our Mation: the two Cities of Spalatta and Rhagusa seated therein, merit the principal consideration.
Rhagusa, and the Trade thereof. Rhagusa then, formerly called Epidaurus, being situated on the Adriatick Sea, a Commonwealth of great Traffick and Riches, was in times past of far greater Fame and Name, both in Trade and Navigation than now it is: for from hence was the Original of those great Ships here built, and in old times famous, as then vulgarly called Argoses, properly Rhaguses. Rhaguses; the last which they were noted to have, they lent Philip the Second King of Spain, in 1588 to invade England, and hath her burial in our British Seas, and may all others so thrive that envy the Prosperity of England; since which I hear not of any they have of any consequence. They now pay 12000 Ducats yearly to the Turk for Tribute of that Trade and Liberty they now enjoy, which notwithstanding is of no great consequence.
The Country affords not any Commodities of moment for our Nation, and we only send thither some blue Hampshire Kersies, some Lead, Tin, and little else.
Moneys current in Rhagusa.The Moneys thereof are such as pass current through the State of Venice and Turkey their Neighbours, and their own being in correspondence therewith, and accompted by Grosses.
Grosses | 6 | is a Livre |
Grosses | 59 | is a Hungar |
Grosses | 38 | is a Rial ⅜ |
Grosses | 1 | is 2 Gassets |
A Gasset | is 2 Saldes | |
Grosses | 62 | is a Venice Chicquin |
Grosses | 40 | is a Naples Ducat |
Grosses | 59 | is also a Sultain, accounted in England for 8 s. sterl. |
Weights of Rhagusa.The Weight is a pound of ( [...]) ℥ and 100 l. is the Quintal.
The 100 l. is English 80 l. |
and is Venice suttle 120 l. |
and is Venice gross 76 l. |
1 l. Rhagusa is 9 ℥ gross Ven. |
1 l. Rhagusa is 14 ℥ sac. 2⅔ suttle. |
Measures of Rhagusa.The Measure is the Brace, which agreeth with the Brace of Venice: thus the 100 Cloth Braces is in Rhagusa 124, and of Silk 116 Braces, and is in England ( [...]) inches.
Spallatta.Note that the Weights and Measures of Spallatta do wholly agree with those in Venetia, therefore I need not to say further thereof in this place; and by the way note, that for the Weights of Rhagusa, I find this observation made: the 100 Rot. of Alexandria Zero, is in Rhagusa 260 l. the 100 l. Forfori is in Rhagusa 116 l. the 100 Rot. Laidin, is in Rhagusa 165 l. the 100 Rot. of Damietta is in Rhagusa 120 l. the 100 Rot. of Roma is in Rhagusa 666 l. the 100 Rot. of Baruti is in Rhagusa 625 l. the 100 Rot. Damasco is in Rhagusa 600 l. the 100 Rot. of Tripoli in Soria is in Rhagusa 500 l. the 100 Rot. of Aleppo is in Rhagusa 600 l. the 100 Rot. of Rhodes and Gasa is in Rhagusa 666⅔ l. the 100 Rot. of Cyprus is in Rhagusa 625 l. the 100 Rot. of Bursie in Natolia is in Rhagusa 146 l. the 100 Rot. of Constantinople is in Rhagusa 146 l. and the 100 l. in Rhagusa doth make as followeth.
In | Puglia | 39 | Rot. |
Puglia | 110 | l. | |
Roma | 101 | ||
Florence | 105 | ||
Perosa | 95 | ||
Siena | 108 | ||
Acquilla | 107 | ||
Lansano | 166 | ||
Urbino | 106 | ||
Crema | 111 | ||
Piemont | 101 | ||
Forli | 111 | ||
Faensa | 110 | ||
Cesena | 106 | ||
Ricanati | 107 | ||
Camerino | 108 | ||
Bollonia | 110 | ||
Lucca | 106 | ||
Millana | 111 | ||
Verona | 108 | ||
Bressia | 111 | ||
Ferrara | 106 | ||
Modena | 109 | ||
Genoua | 114 | ||
Fanno | 106 |
[Page 264]Further matter worthy mentioning, that concerns either the Weight, Measure, or Trade of this place, I have not observed, therefore I pass it over; and hence take my Journey to Greci [...], the next place which challengeth my survey.
CHAP. CCXXXVIII. Of Greece, and the Provinces thereof.
Greece, and the Cities thereof. GReece, accounted the Mother of Arts and Sciences, is bounded on the East with the Egean Sea, the Hellespont, Propontis, and Thracian Bosphorus, on the West with Italy and the Adriatick Sea, on the North with the Mountain Hemus, and on the South with the Ioni [...] Sea, and is now entirely subject to the Grand Seignior.
Commodities.The general Commodities found here, and transported hence, are Wines, Oyls, Copper, Vitriol, Brimstone, Silks raw and wrought, as into Velvets, Damasks, Grograms of Goats-hair or Wooll; Cute, Anniseeds, Cominseeds, Currans, Soap, Carpets, Cottons, &c.
Rivers in Greece.The chief Rivers navigable are Cepheus, rising in Epirus, and setting in the Egean Sea, Erig [...], and Alicmon, rising both in Maccdonia, and issuing in Thermasius sinus, then Sirmon in Migd [...], Alicus and Nissus in Thracia, and some others.
Peloponnesus, or Morea.The principal Provinces are seven, and the Cities therein are as followeth; Peloponnes [...] is the first, dividing it self into six lesser parts, wherein is found the Cities of Eliz, Olympia, now ruined, though once famous; then the Cities of Corona and Modena, the now flourishing Towns of this Province: here was also in times past Thebes, Lacedemon, Sparta, Argos, N [...]s, Corinth, now a little Village called Crato, all now gone and ruined; and here is now of note in matter of Traffick in this circuit, found only Modena, Corona, before named, and Petr [...], and some others of lesser consequence, whereto Merchants do frequent for Traffick sake. Of the Trade whereof a word.
CHAP. CCXXXIX. Of Modena, Corona, and Petras, and the Trade thereof.
Modena, Corona, and Petras, and the Trade thereof.THese three Cities are situated on the same Shores, and subject to the same Customs, and found abounding in Corn, Wines, and Currans, Galls, Anniseeds, Silk, and such like, which I have thought good to put into one Member, to abbreviate my Task.
Petras.In Petras there hath been of many years a Trade maintained by the endeavours of the English, who here by Authority of the Grand Seignior have a protecting Consul resident, who hath the Title of the Consul of the Morea: Exchange.and here is vended from England some Cloths of Suffolk, Serges, Tin, Lead, &c. In exchange whereof, they transport hence these Commodities afore-named, Corn and Oyl being by their Laws prohibited Transportation, but by the connivance of Officers, found permitted notwithstanding.
Moneys of Morea.The Moneys of these places is current with those of Turkey, and those of Venetia, as Possessors and Borderers, which they account by the Turkish Coins, as in Dollars and Aspers.
Aspers 80 accounted to a Dollar, or Rot. ⅜ which is the best Commodity: Aspers 120 accounted to a Sultany Hungary or Checquin, which Coins are found to rise oftentimes 10, 20, or 30 per Cent. in Aspers, as the occasion of Trade or Misgovernment too oftentimes doth permit.
Weights of Morea.The Weight of Petras is the Pound of 12 Ounces, ordinarily making 11 Drams to an Ounce, 3 l. making their Oak, which is 4 l. 2 Ounces English, or 400 Drams here.
132 l. makes their Quintal, which is 117 l. London; but their Silk is sold by a Pound of 15 Ounces, which is 1½ Pound abovesaid: and it hath been found, that 112 l. English have made in Petras 126 l. the Sack of Currans commonly weighing of their Weight 140 l. which is Zant hath produced incirca 118 l.
100 l. of Petrus hath been found to make in Venice sotile 130 l. and in the gross Weight of Venice 83½ l. which thus computed may be 88 in 90 l. Averdupois of London.
Measures of Morea.The Measures of these places are two for distinction of length; first, the Silk Pico is found to be 25 inches English, and the Cloth Pico 27 inches by the Rule in England.
Of Oyls.Oyls are sold by a measure called the Liver, and weigheth 7½ l 20 whereof is found to make a Candy Barrel, which must hold 15 Gallons English, which should be 112½ l. Averdupois.
Of Corn.Corn is here sold by the Bachel, whereof 9 and ⅖ hath been noted to make in England 8 Bushels Winchester measure.
[Page 265]From Petras it will not be improper that I trace the Dalmatian shore, and survey the Cities seated on the Maritime Coast, and found in the Gulph of Venice, purposely omitted in the Chapter of Dalmatia, as more proper to this place; and then proceed to the rest of the Grecian Provinces.
CHAP. CCXL. Of Catarro, and the Trade thereof.
Catarro, and the Trade thereof.THough in this Tract Rhagusa and Spalato be the principal Cities of Trade known to our Merchants of London, yet now coasting this Dalmatian shore, it will not be improper that I take a general view of such eminent Cities of note as are observable in this Tract, the next of consequence being Catarro, seated in a Gulph bearing the name of the City, enjoying a commodious Harbour and safe from all Winds, but not enjoying any great Trade, by reason of the too near neighbourhood of Rhagusa; yet the place doth afford for Merchandise which is Exported to Venetia, and to other places in that Gulph, Wax, Honey, Tar, and Pitch or Rosin, some Minerals, or colours for Painters, Tallow and Candles, Cordovants and Sheep-skins, Figs, Almonds, Nuts, and some other Commodities for Victual.
Moneys in Catarro.The Moneys here, and generally throughout all this Coast, are those current in the State of Venetia, and the Dominion of the great Turk, of which more is said in its due place.
Weights in Catarro.The Weight here used is the Pound, and the 100 l. here is in Venetia suttle 133 l. as hath been observed, and may be about 90 l. English, and the said Pound is 16 Ounces. And the said 100 Pound of Catarro hath made in Sicilia 127 Pound, and the 100 Pound of Sicilia hath made here 78 Pound, and the gross Salmo of Sicilia hath made here 4 Stares, the 100 Pound of Catarro hath been also observed to yield in Linsano, and other parts of Pulia 117 Pound.
Measures of Catarro.The Measures of Catarro are
From Catarro I will take my passage to the next City neighbouring, the most important being Sebenico.
CHAP. CCXLI. Of Sebenico, and the Trade thereof.
Sebenico, and the Trade thereof. SEbenico is also found on this Shore, and seated upon the River of Cherca, abutting on the Gulph of Venetia, and having a commodious Harbour lockt from all dangers of Winds by sundry small Islands, Caprano and Standica being the principal, Tina a fair City lies upon this River more into the Land, which adds to the Trade of this place, and were it not for the continual Piracy of Rovers upon this Coast, and especially amongst these Islands, the Trade thereof would doubtless increase daily, and grow, by reason of its commodious sicuation, to a great height; yet notwithstanding this difficulty, it affordeth for Merchandise exportable, Was, Honey, in great plenty, Tallow, Hides and Cheese, excellent Oil of Olives, and strong Waes, Figs, and some other Fruit.
Weights of Sebenico.The City of Sebenico is found to have two several weights commonly in use; the one for the weighing of fine Goods, and the other for gross Goods.
The first being called the suttle Hundred, consisting of 100 Pound, is in England 80 Pound Averdupois.
The second called the gross Quintar of 100 Pound, doth also produce in London 128 Pound Averdupois.
Measures of Sebenico.The measure of length in use is the Pico, which is accounted to be about 23 Inches English, and is about 10 per cent. less than the Cloth Brace of Venice.
This Note hath been made between the weight of Venice and Sebenico.
- 100 Pound suttle Sebenico is suttle in Venetia 120 Pound.
- 100 Pound gross Sebenico is gross in Venetia 120 Pound.
- 100 Pound suttle Venice is suttle in Sebenico 83 Pound.
- 100 Pound gross Venice is gross in Sebenico 83 Pound.
- 1 Pound suttle in Venice is in Sebenico 10 Ounces.
- 1 Pound suttle Sebenico is in Venetia suttle 14 Ounces 2⅖ Sases.
And so leaving Sebenico I come to Scutary.
CHAP. CCXLII. Of Scutary, and the Trade thereof.
Scutary, and the Trade thereof. SCutary is accounted the Metropolis of Albania, and situated upon a Lake, called the Lake of Scutary, or Scodra, through which the River of Boiano runneth, and so to the Sea, near the Gulph of Lodrin, and includeth in the Gulph of Venetia; but being now as the other Cities of this Tract in subjection to the Grand Seignior, the Trade thereof is much decayed, and City ruin'd from its ancient splendour and beauty, yet the Industry of the Inhabitants doth afford some Silk; also Wax, Honey, Hides, Cordovants, and some other Skins for Merchandise.
Weights of Scutary.In Scutary is used two sorts of Weights, a gross and a suttle; the gross hundred of 100 l. is in England 108 l. incirca Averdupois, by which all the gross Commodities are weighed, and the suttle hundred, by which all fine Commodities are weighed, is English 64 l. and it hath been observed, the 1000 l. suttle Venice hath made here gross 664 l. and the 1000 l. gross here in Scutary, hath made in Venice 1600 l.
Measures of Scutary.The measure of length here in use is the Pico, observed to accord with Venice thus. The 100 Braces of Cloth hath made here 112 Pico, and the 100 Braces of Silk in Venice hath made 106 Pico, which in England must be accounted for (27) Inches.
Of Grain.All sort of Grain is sold by the Stare, not only in Scutary, but also in Boiano, seated on the mouth of this River, and the 100 Stares make in Venice 66⅜ Stares, which is in England ( [...]) accounting by this Computation every three Stares of Scutary to make two Stares in Venice.
And thus leaving Scodra with this short Survey, with the applause due to it, for its excellent situation and strength, I hence pass to Valona, or Avalona.
CHAP. CCXLIII. Of Valona, and the Trade thereof.
Valona, and the Trade thereof. VAlona is also a fair commodious City, seated on the Shore, between the Cape of Languetta, and the Cape of Caurion, and is opposite to the Cape of Otranto, and accounted the entrance into the Gulph of Venice; and though it be in subjection to the Turks, who are not always found Friends to Traffick, yet by the Industry of the Inhabitants it affords for Merchandise to be Exported, Raw Silk, Powder of Berry or Grain, for dying of rich colours; Wax, Honey, Rosin, Cottons, Carpets, Cordovants, some Salt fish which they call Sarrache, and other such Commodies in good quantity.
Weight of Valona.The Weight here is the Pound, of which the Quintar is composed, being 100 l. which hath been found to produce in England 88 in 90 l. Averdupois, and hath made in Venice, from whence I gather my Notes for these Towns, 133 l. suttle; so that the Pound of Valona makes suttle in Venice 16 Ounces, and the Pound suttle there makes in Valona but 9 Ounces.
Measures of Valona.The Measure of length here in use is the Pico, common in name throughout all the Gr [...] Seignior's Dominions; the 100 Braces Silk measure of Venice making in Valona 105 to 105 Pico, which is in London ( [...]) Yards English.
And the 100 Braces of Cloth in Venice makes here 112 Picos; and having done with Avalona, I proceed in the next place to Survey the Trade of Larta.
CHAP. CCXLIV. Of Larta, and the Trade thereof.
Larta, and the Trade thereof. LArta is a pretty commodious Town for Traffick, seated on a Gulph, which bears the name of the Town, having two points of Land fortified, that commands the entrance into the said Gulph out of the Mediterranean Sea, and is seated also on this Shore, between the Islands of Corfu and Santa Maura; it is, as the rest of the Cities aforegoing, subject to the Grand Seignior, and doth afford for Merchandise to be Exported great store of Sheep-skins and Cordovants, Raw-Silk, by us known by the name of Morea Silk, Powder of Berry for Dyers: Cottons, Wax, Honey, Portagos in great abundance, being the Row of the Mullet in great quantity caught in this Gulph of Larta.
Weights in Larta.The weight here in use is the Pound, 100 l. whereof doth make the Quintar, and is found to produce in London 88 l. in 89 l.
[Page 267]The measure of length is the Pico, agreeing with the Pico before-mentioned, used in Valona.
And now I come to Lepanto, the next Town of consequence.
CHAP. CCXLV. Of Lepanto, and the Trade thereof.
Lepanto, and the Trade thereof. LEpanto is seated in the entrance of the Gulf of Lepanto, made famous to Posterity by the Sea Victory obtained by the Christians over the Turks, and the overthrow of their Fleet here in 1571; it is here opposite to the City of Petras, which is seated on the right side of the entrance in this Gulph, as Lepanto is on the left. It is subject to the Grand Turk, whose Coins are here Current, as I shall have occasion to speak more at large, when I handle the Trade of Constantinople, the Metropolis of all his Dominions. This place affordeth for Merchandise, which is hence exported into other parts, Silk-raw, called by us Morea-Silk, Powder of Grain or Berry for Diers, Honey, Wax, Cottons, Currants, Cheese, Wines, Grain, O [...], Galls, Aniseeds, and some other Commodities.
Weights of Lepanto.In Lepanto is used two several weights, the one called the gross weight, agreeing with the gross weight of Venice, which in England is about 107 l. the other agrees with the weight of Petras, by which is sold Silk, Grain, Wax, and some other Commodities; and by the gross-weight is sold Woolls, Cottons, Honey, Cheese, and all manducable Commodities; but the Currants here are usually sold by the Bag or Sack at so many Aspers a Sack or Bag, the which Bag ought to weigh 140 l. Petrasin, the which 140 l. is of Venice suttle 182 l. which is Averdupois 120 l. or 121 l. incirca: where it is to be noted, That 200 l. Petrasin makes 260 l. suttle Venice, which is 174 l. English, and is the Staro of Currants in Venice; Again note, That the 100 l. Patrasin, or the 100 l. in Lepanto of Petras weight, is about 86 l. Averdupois, which is 130 l. suttle in Venice, and 83 l. gross, and the Pound Petrasin, makes gross Venice 10 Ounces by observation.
The 100 l. suttle of Venetia, yields here Petrasin 77 l.
The 100 l. gross of Venetia, yields here Petrasin 121½.
Measure of Lepanto.The Measure is here found to be the Pico, agreeing with the Pico of Larta and Valona aforementioned.
Before I pass out of this Gulph, it will not be improper, that I view the bottom thereof, where Caranto a small Village now supplies the place of that ancient and famous Corinth, a City commodious for the command of a brave Trade, as enjoying two famous Ports into two different Seas, seated formerly on the Isthmus, enjoying a double Harbour, one of each side thereof, the one whereof regarding Asia, and the other beholding Italy, and by the commodiousness of which situation the City in a short time came to a great largeness. Acro-Corinth was but little distance thence, on the top of an adjoyning Mountain, upon which Mountain was seated the famous Temple of Venus, near which was that notable Fountain discovered by the impression of the Foot of Pegasus, as the Ancients did feign.
The ancient Corinth.This Corinth was destroyed and ruined by L. Mummius, because the Inhabitants had irreverently and unworthily handled the Ambassadours of the Romans, 952 years after the first building thereof, by Allettus the Son of Hypottes.
Misene.In this Continent, if the memory thereof may not here be improper, was the City of Misene, the dwelling of Agamemnon, where the Temple of Juno stood, so much famoused both for the Antiquity and Devotion thereof, near which the Lake of Lerna, where Hercules slew the Lernian seven-headed-hidra: Argos.Here was also Argos built, by that all ever-seeing Argos, so much celebrated by ancient Poets: Epidaurus.Likewise Epidaurus, renowned for the Temple of Esculepius, filled with the Tables of those that had been healed by him; the Sick who entred into the Temple to be cured, were to sleep there a night, and imagined that Esculapius healed them, during that their repose and sleep.
Sparta.Here is also Lacedemon, by some called Sparta, now Misithie, formerly great and powerful, girt not with Walls but with the Virtue of the Inhabitants; not renowned for the magnificency of Publick Works, but the Discipline, Instruction, and the manner of their living. Arcadian Plains.Here was also those pleasant Arcadian Plains, Olympians.and the places where the Olympian Games were solemnized; with divers other memorable Antiquities, which the injury of time hath eaten out and consumed, wherefore here I omit them, and return again to my purpose, and prosecute my method.
CHAP. CCXLVI. Of Salonica, and the Trade thereof.
Salonica, and the Trade thereof.OF Modon, Coron, and Petras, the three prime Cities of Morea, I have already handled, now there rest a word of the Trade of this ancient and famous City of Salonica, anciently called Thessalonica, to the Inhabitants whereof S. Paul writ one of his Epistles. It is yet a rich and large City, and the Residence of the Sangiac of Macedonia under the Grand Seignior. The present Inhabitants are Greeks, Turks, and principally Jews, who are here found to be very rich and eminent Merchants, 80 Synagogues of them being accounted to be in this Town, employing themselves in several Arts and Merchandising. It is seated in the bottom of a Gulph called by the Cities name; and by the demur that happened in the English Trade to Turky some years past, these Jews and Inhabitants, and some Moors banished out of Spain, have here set up some Looms, and made Cloth, in imitation of our English Suffolk Cloths, which hath proved a great detriment to the sale of Hampshire Kersies, once vended in great quantity generally throughout Turky, and especially in these parts; besides which sort of Cloth now here made, and hence taking name; the place affordeth the general Commodities of the Morea, as Powder of Berry Orgrame for Dyers, Woolls, Cottons, Wax, Honey, Cordovants, Aniseeds, and the like.
Weights of Salonica.The Weights here in use are two, the one called the Quintar Turcesco, and the other the Quintar Petrasin.
The Quintar Turcesco of 100 Pound makes in English Pounds 119 Pound to 120, in Venice gross 112 Pound, in Venice Suttle 176 in 178 Pound.
The Quintar or 100 Pound Petrasin makes English 88 l. as is before mentioned: by this all Silk, Powder of Grain, and other fine Goods are sold; and by the Quintar Turcesco is Wooll, Cottons, Caviere, Wax, Honey, and some other gross Commodities sold and weighed.
Measures of Salonica.The measures of length is the Pico, which is 27 Inches English, and the hundred Braces of Cloth in Venice holds here 112 Pico, and the hundred Braces of Silk in Venice holds here 106 Pico.
Siderocapse rich in Mines of Gold.Near this City is the Town of Siderocapse, so well known to the Turks for the rich Mines of Gold there adjoyning, from which the Great Turk doth monthly draw for his own share above 20000 Dollars, besides the Charges.
Mount Athos.Near the entrance of the Gulph of Salonica is found the high and craggy Hill of Athos, now the Holy Mountain; whereon is found four and twenty Monasteries of Colloires, or Religious Grecian Friars, with such Devotion and Zeal, that the Turks themselves not only admire their quiet living, but oftentimes Communicate to their Necessities, giving them Gifts and Alms. Here it is reported the Ancient Learning of many Greek Fathers lies buried, or at least immured, till by some Divine hand they may be freed and dispersed through Christendom.
And now to the rest of the Provinces of this fruitful and famous Country.
Achaia,The next Province is Achaia, Athens.wherein was that famous Athens, now Salines; Marathron.also Marathron, where Darius was overthrown.
Megara.Then Megara, famous in times of old. Thebes. Thebes built upon the River Cephisus. Thermopilae.Here is also the Straights of Thermopile, 25 Foot in breadth, defended by 300 Spartans against Xer [...]es, to the loss of 30000 of his Men. Parnassus.Here is also the Mount Helicon and Parnassus, famoused amongst Poets, and the Pythian City accounted the midst of all the World, and many other remarkable places, which were here in times past, all having yielded to Age, and therefore merit not a longer stay, or a more serious Survey of the Trade thereof.
Epyrus. Epyrus is the next Province, wherein was found famous, 1. Antigonia. 2. Casiope. 3. Anbrasia, and others now ruined, and of no account.
Albania. Albania is the next, wherein is 1. Albanopolis. 2. Sfetigrade. 3. Durazzo, a strong Town. 4. Croia, under whose Walls Amurath II. died; now affording little known Trade unto us.
Macedonia. Macedonia is the next, wherein is Scidra, Adessa, Eribea, all fair Cities, but little known to the English for matter of Trade; only it is not to be forgotten, that this Country is famous for Philip and Alexander the Great his Son, who from hence had their original.
Thessalia. Thessaly is the next Province, where the Cities of Tricca, Lomia, Demetria, Pharsalia, and others stood, now also ruin'd and forgot.
Migdonia. Migdoma is the next Province, wherein was Stagira, next Apollonia, Nepolis, Antigons who also are now all ruin'd, giving preheminence to Thessalonica, now called Salonica, seated in a Bay of that name, as I have mentioned in the Chapter before going.
Thracia. Thracia is the last Province comprised in Grecia, wherein is found the City of Sestos opposite, [Page 269]to Abydos upon the Hellespont, famous for the loves of Hero and Leander, and now the Castles or Keys of Constantinople. Abdera the birth-place of Democritus, who spent his life in Laughing, Calipolis. Calipolis situated on the Northern Promontory of Chersonese, the first Town that ever the Turks took in Europe; Trajanopolis, founded by Trajanus, Adrianople.and Adrianapolis built by Adrian the Emperor, and by Bajazet taken in 1362, and made the Seat of the Empire, till the taking of Constantinople about 90 years after; Pera.and Pira, a City of the Genoways, opposite to Constantinople: and lastly, here is found the famous City of Constantinople it self, the Metropolis of Greece, and present Seat of the Emperors of the Turks, wherein having resided for some years, and finding that it comprehendeth most part of the Traffick of his European Dominions, it will not be amiss for me to observe it in a particular Chapter, as well meriting the same.
CHAP. CCXLVII. Of Constantinople, and the Trade thereof.
Constantinople; and the Trade thereof. COnstantinople, the Seat and Residence of the Great Turk, is situated upon the Stream that passeth from the Euxine Seas to the Mediterranean, and thereby reaping the benefit of all that the Winds can convey thither, both from the Black and White Seas, as they term them. It is no more commodious for Merchandise, than for to be the Head of an Empire, affronting Asia, and behind it Europe, whereof it is accounted the uttermost limit, esteemed to be to Miles in Circuit, and comprehending 700000 living Souls, as some have conceived, which would grow innumerable, did not the Grand Seigniors Armies yearly, and the Plague once in three or four years sweep away abundance of them.
It was first built by Pausanias, a Lacedemonian Captain, 660 years before Christ, and by him called Bisantium, afterwards ruined by Severus, and in Anno 313. re-edified by Constantins the Great, and made the Seat of his Empire, and by him beautified and adorned with Magnificent Buildings and curious Ornaments, and called Constantinople; then it fell into the Hand; of the Latins, from them to the Grecians; and lastly, in 1453 to the Turks, who now command it, upon which some have made this observation: That the first Emperor of the Latins who commanded it was a Baldwin, and so was he also that lost it: also that it was built by a Constantine, the Son of a Helena, a Gregory being Patriarch, and lost by a Constantine, the Son of a Helena, a Gregory being Patriarch; and as it was gained by Mahomet, so have the Turks a Prophesie, that a Mahomet shall lose it.
The City is formed in manner of a Triangle, or more fitly, as we see the Composition of a Harp, having its two largest Angles bordering upon the Seas, upon a point that stretcheth it self into the Sea; and the third, which is the least part, incompassed with a strong tripled Wall, incompassed with dry deep Ditches for defence, and strengthned with sundry Towers now daily ruined, for the Turks hold but few Cities fortified either by Walls or Bulwarks, save some principal places, Frontiers or such like.
It hath many goodly modern Buildings, Canes.and amongst the rest many Canes for Merchants Strangers to abide; Canes. Besesternes.and Besesternes, for them to make sales of their Commodities in; it hath also many goodly Mosques, or Turkish Churches, and that anciently of Santa Sophia, converted to their irreligious Devotion, is not the least, though only the now standing Chancel of the first Building, near which is the Grand Seignior's Place, in the very point of the Angle, incompassed for three-Miles in Circuit with a high Wall, and fortified with many hundred pieces of Ordnance: This City is the common Mart of all Commodities of this Empire, receiving and distributing what either comes or goes; the Merchants of London about 1586 here began to have some Trade, and break the Ice by their Land-Travel hither through Hungary; afterwards it was settled by the benefit of the Sea, and the first English Ship that came hither, was about 1585, with an Embassadour to reside; who obtained here such favour by the recommendation of Queen Elizabeth, that her Subjects in their Treaty and Capitulations had many Immunities and Privileges granted them, and amongst the rest a Toleration of their Religion, freedom to their Persons and Estates, and that their Customs should only be three in the hundred out, and three in, whereas all other Christians there Resident paid 5 per cent. Since which time the English have here driven a great Trade, under Protection of divers Embassadours, that have here resided, which have had their Election, Salary, and Maintenance from a society of Merchants Incorporated in England under the Great Seal; first, by the said Queen Elizabeth, and confirmed afterward with new Privileges by our deceased Soveraign King James: and lastly, by our present King Charles under the Title of Merchants of England trading to the Levant Seas, wherein was at first comprehended the Eastern-Indies, the Dominions of the great Turk, and also the Seigniory of Venice; this Company deriving their [Page 270]Original from the Company of Barbary Merchants, which about this time, by reason of the Civil-Wars of Morocco and Fesse, began to decay, and within a short time came to nothing, and who afterward searching more advisedly into the Trade of these Eastern-Countries, this Company settled a Consul in Aleppo, and a Vice-Consul in Tripoly, the then principal Seat of Syria, with the Titles of Syria and Cyprus: also they placed another Consul in Chios, intitled of Scio, Smyrna, and the Arches; as another Consul since in Argier, and another in Tunis, and the last in Petras in Morea, strengthned with command from the Port and Durane of the Grand Seignior, not only for their peaceable living, but also for the quiet enjoying of these Privileges granted unto them, as above is said.
Commodities found in Constantinople.The Commodities that this place at first affordeth to our Nation, and which hence in those days were brought into England, were Grograms, Camlet, Mohair, Persia Silk, Gold in great quantity, Carpets, Anniseeds, Cottons, Galls, some Pepper, Indico, and other Spices, which now by the benefit of our East-India Trade, we send thither in far greater abundance than ever we had them thence; and those are yet the common Staple Commodities of this Country.
Commodities sent from England to Constantinople.The Commodities which at first this Company did send to Constantinople, were Lead, Tin, and principally a sort of blue Kersies, called Hampshire, and Stoplist, and some few Cloths of Suffolk, Furs of Martins, Coney, Fitches, Sables, and such: and now those Kersies are altogether out of use, and converted into Cloths of Suffolk, Gloucesters, Coventries, and the like, which they send in colours died and drest, to the number of eight or ten thousand Cloths yearly; and now we also supply their Markets with Indico, Pepper, Cloves, Moces, Nutmegs, Ginger, Calicoes, and other East-India Commodities
Accompts in Constantinople.The Merchants here residing keep their Accompts as almost is accustomed over all Turkey, in Dollars and Aspers, whereof 80 Aspers is accounted a Dollar; and though in Merchandise it doth pass at 90, 100, or 110, or 115 Aspers, as I have known it, yet the standard of the Dollar in Accompts alter not of 80 Aspers to a Dollar, nor of the 120 Aspers to a Sultany.
Coins current in Turkey.The Coins Current in Constantinople, are those proper to the whole Empire; which is principally the Sultany in Gold, which agrees with the Hungar, Venice, Checquin, and Xeriff of Barbary, passing for 120 Aspers and the Dollar of Germany: the Rial of ⅜ Spanish passeth for 80 Aspers, so that the 1½ Rial of ⅜ is a Sultany of Gold; howbeit of late days Silver is found more plentiful, and Gold more scarce, so that the said Sultany Hungar or Checquin is worth 1½ Dollar, and 10, 12, or 13 Aspers more or less as the same is demanded and sought after: also here are found other Dollars, both of Italy and Germany, to pass for a considerable value, as the Lion Dollar at 75 Aspers, and the German Sesetine at 70 Aspers, &c. and in fine, most sort of Current Coins in the World, if found good Silver, find here a real price in payments of Merchandise.
Weights in Constantinople.The Weights used amongst Merchants are these.
A Grain is the least, 4 makes a Quillat.
A Dram is 16 Grains, of which all the Weights of these Countries are Composed.
An Yusdrome is 100 Drams, and is 1 l. sotile Venice, or 72 Mitigales here.
A Lodero is 176 Drams, about 132 l. Averdupois 19½ Ounces.
An Oak is 400 Drams, which is near 2 l. 12 Ounces, or 10 Ounces.
Loderos 100 is accounted to be 42 Oaks, and called a Quintar; which Quintar is accounted to be 118 in 120 l. suttle English.
A Batman is 6 Oaks, which is 2400 Drams, or 16⅓ l. English. By which weight Silk is here bought, making 10 great l. ⅔ Ounces per Batman. Batman 7 and Oaks 2 makes a Quintal, which is 120 l. English. Loders 13 and Drams 112 makes a Batman: all Silk is sold by the Batman, and yet weighed by the Lodero; so also is Grogram Yarn, and other Commonities sold by the Oak, yet weighed by the Lodero. To bring Loderos into Oaks.To bring therefore Loderos into Oaks, do thus, posite, you have 14 Loders, and would know how many Oaks it produceth: First, multiply your 14 Loderos by 44, which produceth 616; then cut off the two last Figures, for the C. will remain 6 which is Oaks; then multiplying the 16 you cut off by 4, and it makes 64, which is Drams, and so your 14 Loders is 6 Oaks 64 Drams: And so do of any other Sum given.
Drams | 720 | are accounted Rotolos of Silk and other Commodities in Aleppo, according to the Custom in sale of that Commodity which is to be noted: |
700 | ||
680 |
And this Dram is 16 Killats.
A Mitigal is 1½ Drams, which is 24 Killats, 20 Mitigals of Gold is 3 Ounces English.
A Checquin Sultain or Hungar is 18 Killats or Charats.
Rotolos 3½ and 20 Drams in Aleppo is a Batman in Constantinople, four hundred Drams making an Oak consisting of four Yusdromes or Pounds, ten Ounces to the Yusdrome, and ten Drams to the Ounce; and hereby I have estimated near forty eight Drams to sixteen Ounces Averdupois. Where note, That here (as in Aleppo) several Commodities [Page 271]are sold by a several Oak, as there by several Rotolo, as the Oak of Saffron is here 120 Drems, and no more: and so in others.
Weights of Constantinople. with other Countries.Now having considered this weight in it self, let us consider it as it is found to agree with other Cities of Trade, which may best be done upon the 100 Loderos as the known Beam; here the Oak, and Batman and Rotolo being feigned and compounded thereof.
100 Loders in Constantinople make in In Sergamo 160 l. In Cronia 163 l. | London | 120 l. and found by often trial but to be 117 and 118 l. | |
Aleppo | 242 | ℥ | |
Ditto Silk Rot. | 252 | ℥ | |
Tripoli Suria | 294 | ℥ | |
Tripoli Barbaria | 140 | l. | |
Baruti | 236 | ℥ | |
Alex. Zera | 56 | ||
Alex. Forfori | 125 | l. | |
Rhodes | 22 | ℞ | |
Acria | 196 | ||
Babylonia | 168¾ | ||
Balsora | 48⅓ | ||
Millan, and Verona, and Mantua | 163 | l. | |
Lucca | 157 | l. | |
Genoa | 160 | l. | |
Florence | 151 | l. | |
Venice suttle | 176 | l. | |
Venice gross | 112 | l. | |
Cairo | 123 | Rot. | |
Cyprus | 25½ | Rot. | |
Corfu | 112 | l. | |
Larta and Cattaro | 132 | l. | |
Rhagusa and Spallato | 146 | l. | |
Messina gross | 62 | Rot. | |
Sicilia suttle | 69 | Rot. | |
Naples and Puglia | 60 | Rot. | |
Ancona | 148 | l. | |
Rome and Balonia | 146½ | l. |
Measures of Constantinople.The measures of length in Constantinople used in Trade are three, and are called Picos: the first is the Cloth Pico: four whereof hath been observed to make three Yards English, and is about 26½ Inches, and if heedfully noted, twenty seven Inches very near.
The second is the Grogram or Chamlet Pico, containing 24 Inches, and observed to make 24 Pico 16 Yards English.
The third is the Linen Pico, which is only the former doubled: and note, That in the meas [...]ring here of all Commodities of length, here is no allowance made nor given in courtesie, as the Inch is Overplus in England; but the said Picos are found to be made of flat Iron, and to more allowance given than the thickness of the Pico at the end, which commonly exceeds not the thickness of an English Shilling.
Corn measure. Corn's sold by a measure Concave, called the Killow, and weigheth about 20 Oaks; and it hath been observed, that 8⅔ of a Killow is a London Quarter, and doth make a Salmo in Legern, and 5 Killows in Zant make 6 Bushels English.
Wine and Oil. Wine and Oil, and almost all liquid Commodities is sold by a Meter, which makes 8 Oaks, and is accounted ⅔ of a Gallon English.
Note, That in Constantinople all Fuel to burn, Fruit, Fish, Flesh, and for the most part all Commodities are sold by weight, and very few by the Concave measures, which is a good benefit to the Provident. Observe, That Scio doth agree with these Measures and Weights; and so also should Smyrna by the Observations of Merchants, some years past; but some difference is now found peradventure crept in by the abuse of the Weighers, and the falshood of Beams; and this difference is found more gross upon Cottons and Galls, than upon any other Commodity, which may proceed both from the foulness of the first, and the greenness of the latter, which I refer to the reformation of the more judicious.
Customs of Constantinople.The Customs paid in Constantinople are divers: as the Italians, and other Franks and Jews pay upon all Commodities, both Outward and Inward, 5 per cent.
The Turks themselves are free from all Customs.
The English and Dutch pay 3 per cent. Inward, and as much Outward, upon all Commodities, and this is paid in Species, and not in Money, except that the Merchants do compound, as oftentimes they do with the Customer, that an indifferent rate be made upon the Commodities, and upon that rate is 3 per cent. taken accordingly.
Miseteria. Note, That over and above this Custom paid by agreement and Capitulation of Forein Princes for their Subjects, there is paid upon all ponderous Commodities a Duty of 1½ per cent. and upon all measurable Commodities is paid 1 per cent. and these Customs are called Miseteries; and ever paid between the Buyer and the Seller; the Turk, if happening to be either, is ever exempted, which Duty, both by the Buyer and Seller is paid to the Brokers, who repay it to the Farmer thereof, and both ⅕ for the Collector, and is a Rent setled for the maintenance of an Hospital founded by Sultan Achmet, as hoping by this new Custom levied upon Strangers, and thus disposed of to charitable uses, to gain Heaven at the charges of Christians.
Gallattae.Opposite to the City of Constantinople, is the City Gallatta, formerly Cornubisantum, and in times past belonging to the Genoese, who in the declining state of the Grecian Empire were Possessors of this City, and many other in this Empire both of great Trade and Consequence, [Page 272]which are now in the possession of the Grand Seignior, between which a River now runneth, wherein all shipping find both a safe and convenient Harbour, and in which all the Wester [...] Christians, either English, French, Dutch, or Venetian Merchants have their common Refidency, intermixt with Grecians, Jews, Armenians, and some few Turks, where also is placed a Custom-house opposite to another on Constantinople side, Emine.both commonly farmed by one and the self same Emine or Farmer, who is the Receiver of the Grand Seigniors Customs, which are found commonly payable, the one half in Aspers, of 80 Aspers to a Dollar, and the other half in Sultanies of Gold, or otherwise as the Farmer and Merchant can agree for, and compound the same.
The Government of the English in Constantinople.I have shewed before, how that the Company of English Merchants, incorporated by the name of the Society of the Levant Company in England, do elect and nominate an able and skilful well qualified man in Merchants affairs, who with his Majesty's consent and approbation resideth here as Legier Embassador, to protect both the said Companies Factors, and their Estates here in matter of Trade, whose charges and salary is paid and defrayed wholly by the said Levant Company, and for the honour of the English Nation, and as necessary to his Port, and the said Companies Traffick through the Grand Seigniors Dominions, they are found also to maintain at present, and to pay Salary to 6 Consuls in six several places of this Empire; and to wait upon these and their Factors, they give pay to 40 Janizaries, 20 Druggermen, or [...] terpreters, 6 Secretaries, 3 Ministers, besides sundry other needful Officers. Mr. Alderman Garaway at present being Governor, and Mr. William Cockaine. Deputy, to whom I owe this grateful acknowledgment, as to those who have lent me their ready furtherance in this Work.And for the government of this Trade in England, they have a Governour, who is always yearly chosen in London, and is ever one of the most eminent of the said Company, then a Deputy, and thirdly a Husband, in which last, the said Company have for some years honoured my imployment, and thought my pains worthy their acceptation: and these in consideration of their care have a yearly courtesie or gratuity for their pains: also to these are added a Secretary, Accomptant, and some other Officers receiving Salary; and for the better regulating of this Trade, and as Assistants to the abovesaid, they have a Treasurer, and 18 Committees yearly chosen, and are ever the greatest Traders, and the most eminent of the said Society, and commonly the deepest interessed in the general Trade; and in this nature hath it continued since the first Erection and Incorporation of this Society in Anno 1585, by Queen Elizabeth, whose love to her Merchants procured them in Turky many privileges, and granted them in England the Immunities aforesaid. Now for the levying and supportation of this charge annually this happening, and for the raising of the Present that is given to the Grand Seignor at the change of every Embassadour, there is levied a Lanto upon the Merchandise, either Imported or Erported, in or out of Turky, upon the Members of the said Company, The English Nation the greatest Traders into Turky of Christians.which in England is called by the name of Impositions, and in Turky by the name of Consolage, which the said Company do impose upon themselves, and set the same either higher or lower, as their occasions and necessity of their charge doth require, and these are the most eminent of all the Merchant Christians that Traffick bither.
The Venetians being second.The second eminent Traders into this City are the Venetians, and the Subjects of that Seignory, to protect whom, and for reasons of State, because of their near Neighbourhood, that Common-wealth maintains here an Embassadour, commonly entitled the Bailo, together with 10 Consuls in sundry parts of the Grand Seignior's Dominions, together with 60 Janizeries, 30 Druggermen, and sundry other Officers, which are all paid and defraid out of the Office of Cottinio in Venice, from whence also issueth all avennues, and other losses and charges that happen for the preservation and maintenance of the Trade of Turky, or the Liberties and Immunities granted thereto throughout all the Grand Seignior's Dominions.
The French being the third.The third eminent Traders into this City are the French, and the Subjects of that Crown: to protect whom, and also for preservation of Amity settled between them, that King maintaineth here an Embassadour, together with twelve Consuls, dispersed into sundry parts of this Empire; together with 80 Janizaries, 34 Druggermen, and sundry other Officers, all paid and defraid out of the Coffers of the French King, who willingly contributeth the charge for the ease of his Merchants, and hath but small Leviations upon them for the same.
The Dutch being the last and least.The fourth and last is the Dutch Nation, who in some manner are found to have some Traffick hither; to which end that State maintaineth in this City an Embassadour, whom they intitle their Oratour, besides whom they have only three Consulships, twelve Janizaries, [...]e [...] Druggermen, and some other Officers dispersed through the Grand Seignior's Dominions, whose charge is born by the State of the Merchants of that Nation, trading hither at a tante per cent. and not by the Purse of the said Provinces.
Besides these, some small Trade is driven here by the Subjects of the King of Poland, as also by the Subjects of the King of Hungary, and by the Emperours Subjects; who each of them have here their Embassadours: but the Trade thereof is of so little consequence, and subject to such change and variation by reason of the War and Peace, which sometimes is truy observed, and sometimes again as little regarded, that it merits no great consideration in this place.
[Page 273]As for the Traffick driven here out of Armenia, Moscovia, Tartaria, Egypt, Georgia, Persia, and other Countries of Asia, and Africa, I pass them over in silence, having handled them particularly in those several Kingdoms, to which I refer the Reader.
The Trade of the Citizens of ConstantinopleNow the Trade of other Nations hither, I have noted, it is not unproper I should give a touch of the Trade of the Inhabitants of this City into other places: Four sorts of People are found hence to use a Traffick; such as are the native Greeks, Turks, the Armenians and the Jews. The Jews bend much of their Trade into the Land, as to Adrianople, with English Cloths, Tin and Spices, brought hither by other Nations: To Angora for Gragrams, Mohairs, and Grogram Yarn: To Salonica and other Cities in Peloponnesus for Silks and other Manufactures. The Arenenians drive most of their Trade into Georgia, Armenia and Persia for raw Silks, Galls, and some Drugs; and carry thither Cloths, Tin, and other European Commodities, and Rials of Silver. The Turks bend their Traffick to Venice with Grograms and Camblets and other Commodities of Dalmatia and Sclavonia; and thence return Sattins, Velvets, and some Wollen Cloths, and Venices Gold: thence to Meccn, Damasco, and Cairo, with European Commodities, someomes by Sea, but oftner by Land, and bring thence Gems, Spices, Drugs, and Callicoes, and other Indian Commodities. The Greeks for the most part found to be either Shop-keepers, and so cannot be termed Merchants; or else Mariners, which sail to Caipha, to Danubius, to the Arthes, Cyprus, and Alexandria; and these are noted to drive some Trade, that it merits not here any further observation.
Having thus as briefly and succinctly as I could, handled the Trade of the main Continent of Europe; and being come to this City of Constantinople, one of the most eminent and fairest Cities, not only of Europe, but also of the whole VVorld, whose Trade I have also duly and yet briefly related: It is now high time for me to look homewards; and so leaving this famous Ory, sail down the Thracian Bosphorus to the Hellespont, Galipolis.leaving in view and sight on Europe side the once famous Galipolis, the late Station for the Grand Seignior's Gallies; whose materials either for the matter or for the manner of Traffick, differs not from this used in the City of Constantinople it self, tho' otherwise it yields to the Merchants for transportation good quantity of raw Hides, Sheeps-Wooll, Anniseeds, and some other Commodities; and taking aboard me one qualified here, who according to the Custom of the place supplies the room of general C [...]sul for all Western Nations, I sail with him to the Castles of Sestos and Abydos, the now Keys of this Sea and said City, famoused by the Ancients for the sad and disastrous love of Hero and Leander; where staying three days to clear my Vessel, according to the manner of each that would depart hence, discharging 101 Dollers 6 Aspers to the Custom-houses of Constantinople and Galatta, and to the Captain of these Castles, and here 124 Dollers 54 Aspers more, I and my Ship are cleared and discharged hence: and being freed, and my Sails flown, I begin to descry the Arches, and there survey what Islands of note and consequence I find in those Seas, leaving behind me the main Continent of Europe; and having thus performed my Land-Travel, and fully discovered and laid open the Traffick and Commerce thereof, I am called upon in the next place, to survey the Trade of the principal Islands comprehended under this part of the World, Europe.
CHAP. CCXLVIII. Of the Trade of the Isles seated in the Egean, Ionian, Mediterranean and Adriatick Seas.
Tenedos.THE first Island falling in view, coming out of the Hellespont, is the Isle of Tenedos opposite to Troy, which hath a pretty Town in it, and inriched with excellent Wines.
Samothracia.The next is Samothracia in the Egean Sea, affording at Samia a good Harbour for Ships, [...]d nought else of consequence.
Lemnos. Lemnos is the next in the said Seas, Terra Sigillata.affording that Soveraign Mineral against Infection called [...]era Sigillata, the earth thereof is made into little Pellets, and sealed with the Turks Cha [...]ter, and so dispersed over all Christendom for an excellent Antidote.
Scio. Scio or Chios is the next of note, affording that excellent Gum, called Mastick, which in [...] and August the Inhabitants do force out of Trees, by making of deep Incisions into the [...]k thereof with sharp Instruments, out of which the juyce dropping is afterward hardned like [...]to a bright Gum, and in September following gathered; Mastick.which Mastick is farmed of the [...] Signior, as his peculiar Commodity, and therefore ever maintained at a constant [...]ce, and hence dispersed throughout the World.
CHAP. CCXLIX. Of Scio, and the Trade thereof.
Scio, and the Trade thereof.I Have already declared in the Trade of Smyrna, how that of late days the principal Seat of Traffick was in this Island in the Town of Scio, where a Consul for the English and other Nations did reside; but finding the Port of Smyrna seated on the Continent more proper for lading of Cottons and Cotton-Yarn, and other gross Goods, the principal Commodities of this Seat, they removed their habitation thither, and with them is that Trade that was here also removed; yet in that was found a place where great concourse of Merchants was found, we own it a touch of its Weight and Measures, &c.
Accounts in Scio.Accounts were, and are kept in Dollars of 80 Aspers, and of Aspers as in Constantinople.
The Moneys are the same in general mentioned in Constantinople, save that Commerce doth oftentimes make them be here two or three per Cent. better esteemed.
Weights of Scio.The Weights here, are derived from the Dram of Turkey that I mentioned in Constantinople.
100 Drams make a Rotolo, which is 19⅔ Ounces Venice suttle, 400 Drams make an Oak, too Rotolos make a Quintar, accounted incirca 118 l. English, and should hold, as in Sinyrna 120 l. but daily experience findeth the contrary, both here and in Smyrna, not making above 118 l. suttle Averdupois.
Measures in Scio.Their Measures are here two, the Linen Pico quarter 26 Inches, and the Cloth Pico usual in Constantinople of 27 inches: for other passages, vide further Constantinople and Smyrna.
Lesbos.I will now proceed to the rest of those Islands in these Seas, which at first Lesbos, in which Mitylena is noted for the principal Town, where was born Sappho, the inventress of the Saphick Verse; Pittacus, one of the Sages of Greece; Arion, the Dolphin Harper, and which have samoused this Island to posterity.
Negroponte. Negroponte is the next, where the Sea ebbeth and floweth seven times a day, which because Aristotle could not unriddle, he here drowned himself: the chief is Colchis, Caristis and others.
Seiros. Salamais.Here is also Seiros, Salamis, the 12 Sporades, Delos.also Delos, where Oracles were given to the Petitioners, and the 35 Islands of Cyclades, which afford nothing note worthy: Semos.also S [...] the habitation of that fortunate infortunate Policrates; Coos.and Coos the birth place of Apelles and Hippocrates, Pathmos.then Pathmos where St. John wrote his Revelations, being confined hither by Domitian, which are now of small account, save only in their number; and so I come in the next place to Rhodes.
CHAP. CCL. Of Rhodes, and the Trade thereof.
Rhodes, and the Trade thereof.THE Fame of this Island and City is sufficiently known through Europe; and the Yalour of the ancient Knights the Masters thereof sufficiently testified, in the desence thereof; it now (in matter of Traffick) by reason of the commodious Harbour and Sit [...]ution, daily increaseth, and many Merchants Christians are found to frequent the place by day; but must by night get Lodgings in the Suburbs; so fearful are the Turks of the loss or surpri [...] of this place, which cost them so much Blood in the gaining.
Commodities of Rhodes.This City is a Mart for most of the Commodities of the Arches, as of Corn, Wines, Oyls, Raisins, Wax, Honey, Cordivants, some Cotton-woolls, and Yarn and Stuffs made thereof, as Dimities, Vermillion, and also some Damasks and other Stuffs of Silk, &c.
Accounts in Rhodes.Their Accounts are kept in Aspers, only amounting by increase, after the manner of the Great Turks Treasures, to hundred and thousand, and so to Loads or Cargo, which is 10000 Aspers.
Coins current in Rhodes.Their Moneys is the same as throughout Turkey, all other Coins being rather esteemed here as a Commodity than a Coin: for they rise and fall according to Contract; so that in all Bargains here, the price of Money by the Buyer as well as the Price of the Commodity by the Seller, must be agreed upon.
Weights in Rhodes.Their Weight is a Rotolo: the Quintar is 100 Rotolos; which Rotolos, 100 do make in England 536 l. and by consequence the Rotolo is Averdupois 5 l. 6 Ounces incirca, and hath made in Venice 800 l. suttle, and 506 l. gross by observation; and in Genoua hath made 762 l. suttle in Florence 701 l. in Rome 676 l. in Rhagusa 666 l.
Measures in Rhodes.Their Measure is a Cane, which is about 84 Inches English. Other notes have not come t [...] my Hands, therefore from hence I will sail to Candia, anciently Creet.
CHAP. CCLI. Of Candia, and the Trade thereof.
Candia, and the Trade thereof. THis Island is situated in the mouth of the Egean Seas, Commodities of Candia.and is very fruitful in these Commodities which it affordeth for Merchants; first, Muskadels, whereof there is above 2000 [...] yearly Exported, then in Sugars refin'd, and hence called Candid, in Gums, Honey, Wax, [...], Dates, Olives, Apples, Oranges, Lemons, Raisins, but desicient in Corn.
The chief Cities herein are Candia, the Metropolis, Canea, Rhetmio Sitta, Suda, a brave Harbour.and Suda not to be [...]gotten, being the best Harbour in all these Seas, and capable to receive 1000 Sail of Ships.
Coins current in Candia.The Coins of Venice is here current with little difference, and their Accounts kept as there, and [...]nce a year the Gally grosses from Venice come hither to furnish the Inhabitants with all those Con [...]ities which Nature hath denied them of, and which other, Germany, Italy, France or England can afford them.
Weights in Candia.There is here used two Weights, or two Quintals, as in Venice, a suttle and a gross quintar, which is found thus to agree with the said City of Venice.
100 l. gross of Candia, is 110 l. gross Venice, and 118 l. English.
100 l. suttle of Candia, is 114 l. suttle Venice, and 76 l. English.
100 l. gross of Venice, make here about 90 l. gross.
100 l. suttle of Venice, make here about 86 in 87 l. suttle.
Measures of Candia.There is here also used two Picos, a Cloth Pico, and a Silk Pico, 100 Braces Cloth in Venice is [...] in Cloth 106 Picos, ( [...]) 100 Braces Silk in Venice, is here also 100 Pico Silk, which by observation hath made in London ( [...]) inches.
Of Wines. Maska [...]els are here sold by a Measure called the Mestach, 100 Mestach, of clear Malvoise, makes 24 Quarts of the Begonso Measure in Venice, or 21 of the Sechio Measure, which is in England, ( [...]) Gallons.
Cerigo.To proceed then in the Ionian Isles, I find next Cerigo, which is plentiful in Marble, and out of the Castle of the chief Towns of this Isle, was Helena, the Wife of Menelaus, stoln by Paris, where during my abode here, the Castelan did shew me, and lodged me in the Chamber, whence, as be would have me believe, she was ravished; but if it were so, her Lodging I [...] confident was better than mine, for a soft Board was my best Bed, and God knows with what sorty Coverings and Appurtenance.
Strival.The Strophades or Strivali, are the next, giving only a poor livelihood to some few Greek [...] or Friers.
Cursalari.And the Cursalari, noted only as silent Spectators to the Battel of Lepanto, fought in Anno 1571. near them.
Corfu.Then Corfu, the Key of the Venetian State, being in the centre of their Dominions by Sea, of which a word by the way.
CHAP. CCLII. Of Corfu, and the Trade thereof.
Corfu, and the Trade thereof.THis Island having the principal Town of that name, is now reputed to be one of the Bulwarks of Christendom, and the Key of the Venetian State, and is a reasonable fruitful [...]d, especially in Wax, Honey, Wine, Oyl, and some other Commodities.
Their Moneys and Accounts as in Venetia.
Weights in Corfu.Their Weights is two as in Venice, a suttle and a gross pound, and Quintar, which thus is found to agree together.
100 l. suttle of Corfu, makes suttle Venice 133 l. and 90 l. London.
100 l. gross of Corfu, makes gross Venice
Measures in CorfuTheir Measure in Corfu is a Brace, which is ( [...]) English inches.
of Corn.Their Corn measure is a Moija, which is 4 Delegators, which is 1½ Staio of Venetia, and in England is ( [...]) Gallons.
Wine. Wine is sold by the Jar, 4 whereof makes a Quart in Corfu, which makes of the Sachio measure in Venetia, 6 Sechis, and Jars 2 and [...] makes one Quart Venetian in Wine which is in England ( [...]) Gallons.
Salt. Salt is sold by the Moyetta, 1000 whereof makes in Venice 23 in 24 Moya incirca, and in London ( [...]) Bushels.
Saint Mauro.Then comes in view Saint Mauro, where stood a Temple, famous for curing unfortunate Lovers, but the Medicine was by casting themselves headlong into the Sea, and so I imagine they [Page 276]may be cured in any Country else whatsoever: the chief Town is S. Mauro, inhabited [...] Jews only.
There resteth yet of note in these Seas, Ithaca.the Islands of Ithaca, now called Val de Cem [...] being 50 miles in compass, Zephalonia.and North-East from the Island of Zephalonia, being 66 miles [...] compass, and wherein are found the Towns and Havens of Argusto, Guiscardo and [...] Zant.and on the South-East thereof, is the Island of Zant or Zacynthus, about 40 miles [...] compass, fortified with a strong Castle on the East-side, which commands the Town [...] Zant, and the Harbour thereunto adjoyning, the Trade whereof I here for brevity [...] comprise together.
CHAP. CCLIII. Of the Island of Zant, Zeffalonia, and Ithaca, and the Trade thereof.
Zant, Zeffalonia, and the Trade thereof.HAving before treated of these Islands, and their fituation, I now come to the [...] thereof, as found at the times of my being there, which was in Anno 1619. and [...] 1624. with the needful Observations remarkable thereupon.
Commodities of these Islands.The Commodities that these three Islands do yield for Merchandise, are Honey, Wax, Oyl [...] Wines, and Currans, of which last here is found growing such abundance, that some year the English have laden here 3000 tuns and upwards, besides what the Dutch, French, and other Countries do export, and is computed to yield to the Inhabitants 300000 [...] incirca yearly, &c. and to the Seigniory of Venice for Custom, which is hereon very great 40000 Chequins.
Currants in Zant, Zeffatonia and Theaca.Of these Currants, Zeffalonia doth yield the greatest quantity, but is commonly the smallest [...] and least esteemed: Zant doth next yield a lesser proportion, but a better and larger sort [...] Ithaca, vulgarly Theaca, doth commonly produce the best and fairest, but withal, the fewest [...] quantity.
The Commodities that this place doth vent coming from England, is little, some Cl [...] Perpetuanos, Serges, Lead and Tin, and some Fish of Newfound Land, also some Herrings, and Pilchards, but the principal Commodity brought hither is Rials Spanish, with which these Currans abovesaid are usually provided and bought, and no other Commodity is so welcome amongst them.
Coins current in Zant, &c.Their Moneys current are those of the Seigniory of Venice, as being under their Government, and especially the Rials Spanish, which is hither by the English brought in great quantity, and also by all such other Nations as have occasion for this Fruit.
Accounts in Zant, &c.Their Accounts are kept by the Islanders, as in Venice, but by the Merchants Strangers here resident, in Dollars, which are those Rials of 8/8 and Gassets 80 to a Dollar.
Weights of Zant, &c.Their Weight is the Pound of 12 Ounces, and the Quintar is 100 l. and found thus to agree with Venice and other places.
100 l. suttle of Venice, makes here 63½ l. in these Islands.
100 l. gross of Venice, agrees with the common 100 l. thereof.
The Pound suttle in Venice, makes here 7 Ounces, 1 Sac. 16 per Cent.
Currans are here bought by the 1000 l. which by the computation of Concordancy, specified in this Tract, should be suttle English 1070 l. which is gross of London 9 C. 26 l. b [...]t either by the deceit of Weights, the falshood of staying, or the fraud of Factors, it commonly produceth not so much by 2 or 3 per Cent. and this mischief is increased to that height of late years, that it is found oftentimes to produce but 9 C. gross, or about 1020 l. sutcle English; but let them that are herein guilty, endeavour to amend it in the future for their Credit sake: for the 100 l. gross Venice, is never found to yield less than 107 or 106 in England, and what is found wanting thereof to their principals, cometh by all probability by their default.
Measures in Zant, &c.Their Measure is the Brace, and found to be twofold in use, the long Brace being for Cloths, Linens, &c. agreeing with the Cloth Brace in Venice, and found to be 27 [...] English, and the short Brace for Silks to be 6 in 7 per Cent. Of Oyls.the lesser Oyl is sold by a Measure called the Liver, and should weigh 13 l. English, 10 whereof makes a Candis Barrel.
Of Wines. Wine is sold by a measure called a Jar, 3½ is a Candia Barrel. Of Corn. Corn is sold by the measure called a Bechelo, 3 whereof is a Staro, and weighth 44 l. and 5 Killows make 6 Bachellos, which Bachello hath been observed to be in England [...] Gallons, and a Moya of Corn here makes 2 Staro in Venetia, and 7 Jars of Wine here, makes 3 Quarts in Venetia.
[Page 277] Customs of Zant, &c.The Customs of these Islands some few years past upon Currans, were small, till the Venetians perceiving the Trade of that City to decay, thought to augment the Revenues by the Customs of the Fruit of these Islands, which accordingly they have effected; for seeing the English to cover the same unmeasurably, which at first the vulgar judged they used in the dye of their Clatbs, or which was worst, in the feeding of their Swine, and finding on a time, sundry Ships of burthen laden therewith, and ready to depart, their departure was stayed till the Merchants were compelled to pay 5 Ducats, which is 25 s. sterl. the 1000 l. upon which the English Merchants made complaint in England thereof to his Majesty deceased, and for the taking away that Custom, it was thought fit to put as much more here in England thereupon, by way of an imposition, which hath been found to be so far from gaining a remedy, that the same continues in England, contrary to the first intent, and the State of Venice hath added 10 Ducats more to the former, as imagining England cannot subsist without this Commodity, at what charge or discommodity whatsoever, yet it is now levied with this proviso, that the Currans be laden in a Vessel that doth come hither purposely to lade them; but if she landeth her outward fraight in Venice, or the ⅔ thereof, and then cometh hither, she is freed thereof, as I have shewed in the Trade of that City.
CHAP. CCLIV. Of the Islands of the Adriatick Seas, and the Trade thereof.
Adriatick Islands.THE Islands found in these Seas are many, as Absirtides; secondly, Cherso, Vegea, Grissa, Iaesica, Cursola, Brassia, Lissa, and Zara, all the rest are small, and appertaining to the Seigniony of Venice.
Commodities.The Commodities that hence are exported for Merchandise, is Wood for Fuel, Wines, Grain, Cattel, and some Oyls.
CHAP. CCLV. Zara, and the Trade thereof.
Zara, and the Trade thereof. ZARA being for the goodness of its Harbour, conceived one of the best of the abovesaid, though small in circumference, yet most commodious for Trading, therefore I will note what is observable therein, and make it the principal of the rest, to which the Trade of all the others may be reduced.
Moneys of Zara.Their Moneys I account the same as used in Venice, and the Dalmatian and Sclavonian Coins are here passable, by reason of their situation, which is bordering all along that Continent.
Weights of Zara.Their Weights are two, a gross and suttle, as is used in Venetia, but found thus to agree together.
100 l. suttle of Zara, is Venetia suttle, 120 l. English, 80 l.
100 l. gross of Zara, is Venetia gross, 120 l. English, 128 l.
100 l. suttle Venetia, is gross 83 l. Zara.
100 l. gross Venetia, is gross 83 l. Zara.
Measures of Zara.Their common Measures of length, is a Brace 29 inches London, the 100 Braces Cloth in Venice, makes here 112 Braces, and the 100 Braces Silk in Venice, is here 106 or 107 Braces, most of the other Islands concur with this in Weight and Measure. Now sailing hence, and getting out of these Islands into the Mediterranean Seas, in which surveying the most erninent of the European Isles therein contained; I find in the first rank the Islands of Sicilia, Malta, Cursice, Sardinia, Majorca, Minorca, and some others now coming to be handled, and first of Sicilia.
CHAP. CCLVI. Of Sicilia, and the Cities of Trade thereof.
Sicilia, and the Cities thereof. SICILIA, anciently for its fertility in Corn, accounted the Granary of Rome, is held to be 700 Miles in compass, and is beautified with sundry Rivers and Cities, which I shall handle in order as my method requireth. Commodities.The Commodities exported hence for Merchandise, and here abounding, are Wines, Oyls, Honey, Wax, Saffron, Sugars, Salt, Alloms, Coeals, Agats, and some other Gems, and wonderful fruitful in all sorts of Grain, also it hath some Mines of Gold and Silver, also good quantity of Silk is here made, which is exported, both raw and wrought, into divers Fabricks: Mount Hibla.here is also famous the Hill Hibla for Bees and Honey, Mount Aetna.and Mount Aetna for its continual burning and evaporating of Flames. Division into 3 Provinces.The Country is divided into three Provinces, the first is Vall is de Notto, wherein the City of Syracusa stands, once containing 22 Miles in circuit, and the Metropolis of the Island, and some others. The second Province is Masara, wherein is the Cities of Montreal, second Gergenti and Palern [...], now the chief Cities of Sicily, whereto I will reduce the Trade of this part of the Island.
CHAP. CCLVII. Of Palermo, and the Trade thereof.
Palermo, and the Trade thereof. PALERMO, anciently Panormus, and a Colony of the Phoenicians, is now the chief City of Sicilia, and the Seat of the Spanish Viceroy, Don Ferdinando de Castro, being Viceroy at my being here in 1619 from whom I and my Company received so much honour, that I cannot without ingratitude, forget in this place to commemorate his Nobleness: the City is situate on the West Cape of the Island, and is beautified with large Streets, and delicate Buildings, strong Walls and magnificent Palaces and Temples: here I found a Dutch Gentleman attendant upon the said Viceroy, who was intitled the English Consul, from whom I gathered these my Observations in the Trade of this Place and Island.
Accounts in Palermo and all Sicilia.Their Accounts are here kept by Ounces, Taries and Grains.
One Ounce is 30 Taries.
One Tarie is 20 Grains.
Moneys current in Sicilia.Their Moneys are also Ounces, Taries and Grains, accounted one Ounce to be 30 Tari [...]s which is 5 Florins, of Carlins 12 the Florin.
One Tari to be 20 Grains, and is 12 Sol. 6 Den. small Money.
One Tari to be two Carlins.
One Carlin to be 10 Grains, and is 12 Livres.
One Grain is 6 Picholies, and is 7½ Den. Money Siciliano.
One Poncto is 8 Picholis.
A Ducat of Gold is worth 13 Taries.
Note, that for the Money which they pay by Bills of Exchange, they give allowance 1½ per Cent. for bad Money.
Weights in Palermo.It is to be observed, that throughout all the Kingdom of Sicilia, there is but one Weight in use, only in Messina excepted, which I shall shew in its due place: now this Weight of Sicilia in general is the Rotolo (30) Ounces, which is 2½ l. Sicilian, 300 Rot. making the Cantar which 100 l. hath been observed to have made in London 173 l. circa, Some have found it to yield 148 l. English. or properly in gross to say, 1 C. 2 Quarters 4 l. incirca, and in Venetia suttle, to have produced 260 l. or Venice gross 163 l. circa, and hath been found to render in Florence 225 in 230 l. but yet by the calculation I made, it should be but 221 l. just, it is in Rhagusa 218 l. in Cattarro 78 l. Alexandris Zera, 83 Rot. ditto Forfori 185 Rot. in Damasco 43½ Rot. &c.
Measures of length.Their Measure of length is the Cane, which is in London about 80 or 81 Inches by the Rule, which is 2¼ Yards English; this Cane is divided into 8 Palms, which is about 10 Inches, the Cane making 3 Cloth Braces in Venetia.
Of Corn.Corn which is the prime Commodity of this Place and Kingdom, is sold by the Salmo, of which there is the gross Salmo, and the general Sicilian Salmo, which is the small Salmo, upon which general salmo, these Observations have been made, and that the same is found to agree thus with these Countries.
- In Rhagusa staro 3⅕.
- Dalmatia staro 3¼.
- [Page 279] Ancoma somma 1½.
- Ricanati somma 1⅔.
- Rimine staro 1½.
- Bolonia corbe 3½.
- In Andalusia 5 Fanegos.
- In Portugal 22½ Alquiers.
- In Florence 11¼ staios.
- In Avignon 5 sesteros.
- In Venetia 3 staros and 1 quarter.
- In Pisa 11 18 staros.
- Bergamo staro 13.
- Millan mesni 4⅛.
- Genoua measure 2⅓.
- In Ferrara staro 9.
- In Tripoli cafesie 15.
- In Tunis cafesie 15.
- Alexandria ribebe 1 l. 1.
- Candia measures 14.
- Corfu mosie 2⅓.
- Catarro staro 3¼.
- Verona minali 7 quastero.
- Vicentia staro 9¾.
- Padua staro 9¾.
- Treviso staro 3.
- Modena staro 3 5/7.
- Parma staro 6½.
- Mirandola staro 3 5/7.
The gross Salmo of Palermo and Sicilia hath been observed to make in
Spalatto | staro 4. |
Rhagusa | staro 3⅓ |
Segnia | quart. 12. |
Arbe | staro 4. |
Istria | staro 4. |
Padua | staro 12. |
Vincentia | staro 12. |
Ferrara | staro 11. |
Forli | staro 3 quaterroli 14 |
Bollonia | corbe 4⅓. |
Mantua | staro 10. |
Cremona | sommas 2. |
Bergamo | staro 16. |
Verona minali | 8 & 11½ quarteroli. |
Brassia | sommas 2⅔. |
Millan | Mesini 5 1/9. |
Florentia | staro 14. |
Wherein I have been somewhat the larger, by reason of the general use of this measure in the Lewant.
Note, that both the gross and general Salmo are divided into into 16 Tomelos, and that the gross Salmo is greater than the general Salmo about 17 per Cent. and observe, that the ordinary charge of Corn here bought is 3 Taries, and 15 Grains the Salmo; but if Corn be above 18 Taries per Salmo, it pays also a new impost, which is per Salmo.
Of Salt. Salt is also sold by the Salmo, which in Trappano is made in great quantity, where at my being here I observed to be as great as 3 ordinary Salmos of Corn, divided also in 16 Tomelos, which made Sicilia weight about 7 Cantaros.
Of Oyls. Oyl is here sold by the Cantaro, which is 2¾ Barrels of Florence, and hath made 180 l. English.
Customs of Sicilia.The Custom of the Island is commonly 9 and 10 per Cent. but Fish and other Commodities for food, pays 12 per Cent.
Exchanges. Palermo is also a place of great Exchanges, which briefly at my being there, did run thus with other places, always noting, that all Bills coming from abroad, pay one Carlin per ounce to [Page 280]make good Money: and they exchange by Ponctos, as I have noted elsewhere: With Naples.and they give in Palermo 160 Pomutos incirca, to have in Naples a Ducat current, and their Account is made as in the particular of Naples is expressed. With Rome.They give in Palermo 26 or 27 Carlins, to have in Rome a Ducat de Camera.
With Valentia.They gave in Palermo 6 Taries accounted, and 1 Carlin per Ounce more, to have in Valentia 10 Sold. 3 Den. and a Crown of 12 Taries is 20 Solds, and a Ducat of 13 Taries, is there estimated for 21 Sold.
With Messina.With Messina and Syracusa, and other places of the Kingdom, they exchange with the Crown and the same Moneys.
This note of Equality or Par, I also learned here for current.
For Valentia Sold 9 dc. 10¾ per Florin.
For Barselona Sol. 11 d. 3⅖ per Florin.
For Majorca Sold 14 d. 10½ per Florin: and for the aforesaid places, they consider the interest, to him that takes by Exchange at the rate of one Carlin per Ounce, which they recover accordingly: for the other particular Circumstances thereof, I refer the Reader to the end of this Tract, where the Exchanges of this Place and Messina, is largely handled, and as the same may more amply there appear in the Chapters 419, 420, 421, 422, 423, 424, and 425. with all particular Circumstances, whereto I desire to be referred for better satisfaction.
And in the next place, survey the Trade of Messina, the second eminent City of Traffick in this Island.
CHAP. CCLVIII. Of Messina, and the Trade thereof.
Messina, and the Trade thereof.THE last Province of this Kingdom and Island is Mona, wherein are the Cities of Nicosia in the Midland, Milaso on the North Promontory, and Messina in the face opposite to Reggio in Calabria, which fare hath in times past been accounted to be very dangerous by reason of those anciently accounted perils, Scylla and Charybdis, the one a Sand, and the other a Rock, opposing each other at the entrance thereof; now not so much feared by our Sea-men by being more expert: this Town is the most eminent Town of Trade in all this Island, and inhabited by many Merchants, which the benefit of the Haven doth much further, and the commodiousness of the Situation, and the Privileges and Immunities of the yearly Fairs much augmenteth.
The Commodities proper hitherto, as also to the whole Island, as also the manner of keeping their Accounts, I have noted; but Moneys finding some variation, and diversity, by reason of Trade, I will briefly touch the same: First then,
-
Coins current in Messina.A Crown of Gold of Italy is worth 14 Taries.
- A Crown of the place they account, 12 Taries.
- A Tarie as in Palermo, 20 grains, is 2 Carlins.
- An Ounce is as in Palermo, 30 Taries.
- A Grain is 5 Pecolies.
- A Florence Ducat did pass for 11 Taries, 4 gr.
- A Ducat of Camera of Rome, for 12 Taries, 6 gr.
- A Ducat of Carlins of Naples, for 10 Taries, 16⅔. gr.
- A Crown of Mark, is 12 Taries.
- A Livre of gross of Venice, is 3 Ounces 21 Taries, 1 gr.
- One Pound gross of Avers, is 1 Ounce and 10 Taries.
- Marvedies 29½ of Spain, is one Tarie.
- And a Pound Sterling is here ( [...]
Note.The Weights of Messina are found to be two, the first being the gross Cantar, whereby is weighed all manner of Food, Flesh, Caveare, Fish, Tonnies, Cheese, &c. which is noted to be 10 per Cent. greater than the second Cantar, and hath produced by computation Pound English 196, in 198 Pound; and the smaller Cantar contains as the former 100 Rotolos of 30 Ounces, or 2½ Pound Siciliano, doth agree with the sum mentioned in Palermo, as being the common Weight of all the Island, and accounted (as I said before) to be 173 Pound, but found by experience of some English Merchants, 184 Pound, which I refer to trial, and they account 20 Pesos to make a suttle Cantar, and 22 Peso the Gross, which is the general Cantar of Palia.
Measures in Messina.Their Measures is the same as mentioned in Palermo, which is the Cane divided into 8 Palms for length, and the Salmo divided into 16 Tomolos for Corn and so forth, as I have more at large [Page 281]handled under the Chapter of Palermo, as serving for great use to the Merchants that traffick in the Mediterranean Seas.
Customs of Messina.All Stuffs of Linen or Woollen (measurable) of this Kingdom, selling or not selling, pay at Messina 6½ per cent.
All Commodities of weight from without the Kingdom, selling or not selling, pay at Messina 3 per cent.
Removing from Ship to Ship pays 3 per cent. or 3¼, all Merchandise that is conveyed out of the Kingdom at the Port of Messina, pays 6⅓ per cent. Fairs of Messina.unless at the Fair [...], when as some Commodities pay less than some others, so that Silk then pays only 3 per cent.
I have noted an old printed observation between London and Messina to be thus, which I refer to the trial, That the 100 l. of Palermo is in London 172 l. the 100 l. of Messina in Silk makes Silk weight in London 43½, and the Rotolo of Palermo hath made in London 1 l. 9 conces, the 100 Yards hath made 44½ Canes, and that the Cane hath made in London 2¼ Yards or Ells 1½ Goad of Freezes and Cottons; and thus I will leave this City and Island, and sail to Malta.
Malta. Malta is the next Island of note in these Seas, famoused more by the Knights, the now possessors, than by any Traffick that is found therein; it is the place where St. Paul suffered Shipwrack, and where he shook the Viper from his hand into the flame, which yet the Inhabitants would perswade Travellers hath left some virtue and reliques thereof behind him, which I refer to the relation of others; it aboundeth in Cotton-wooll, Oranges, Limons, Citrons, Honey, Wax, and some other fruits: the Towns of note are Valetta, Saint Hermes, and Malta, and some others.
Corsica. Corsica is the next, and seated opposite to Genoa to whom it belongeth, being 300 mile; in compass. Bastia is the chief City, and the residence of the Genoese Governour, with a commodious Haven and a strong Garrison, the principal Ports for Shipping are Saint Florence in the Northern part, and Saint Boniface in the South; the Commodities thereof are Oyls, Figs, Rai [...]s, Wates, Honey, Wax, Allum, Boxwood, Iron, good Horses and fierce Mastives, little other Comm [...]ities it affordeth not, their weights and measure agreeth with Genoa.
Sardinia. Sardinia is the next, and accounted 550 miles in circuit, and subject to the Spaniard, divided into two parts, first, Cape Luggudory towards Corsica, and secondly Cape Cagliares towards Africk. Commodities. of Sardinia.It affordeth for Merchandise Corn in good plenty, and Oyls in a reasonable manner, but abundance of all sorts of Cattle, as appeareth by the great abundance of Hides and Cheese, which in an homely manner is made here, and hence dispersed through Italy, Spain, and other Countries: there is here many Towns, such as is Bossa, Santa Reparata, Alquilastro, and lasty, Callary the Metropolis, of which a word, together with the Trade thereof.
CHAP. CCLIX. Of Callary, and the Trade thereof.
Callary, and the Trade thereof. CAllary is the principal City of this Island, opposite to Africk, the Seat of the Spanish Vice-Kings, enjoying a goodly Haven, and much frequented by Merchants, and is an Archbi [...]p's See, and well stored with eminent Citizens.
Monies of Callary.Their monies are generally the monies of Valentia in the Kingdom of Spain, but they have proper to the Island some Copper or black monies, to which the Ducates and Livers of Valentia are reduced, and their Accounts are kept in the same manner, as in that City.
Weights in Sardinia.The common weight is the Pound, consisting of 12 ounces, 160 l. thereof being their Quinter, is English 88 in 89 l. and in Marselia 101 l. in Florence 125 l. circa.
Measures of Sardinia.Their common measure is a Vare and a Brace, the Vare found to agree with Valentia, and Brace with Florence, the first used in Cloth and Linen, and the latter in Silks, &c.
Further observations of the Trade of this Island have not come to my hand, therefore I will hence sail to the next Islands, which are those of Majorca and Minorca.
CHAP. CCLX. Of Majorca and Minorca, and the Trade thereof.
Majorca, and Minorca, and the Trade thereof. MAjorca is seated also in these Seas, 300 miles in circuit, and 30 miles distant from the Continent of Spain; the principal City is Majorca, an University, and the Seat of the Spanish Viceroy.
Minorca is nine miles distant from Majorca, and 150 miles in compass, wherein is Minorca and Java, the principal Towns; but Mahon therein is found to be an excellent Port, able to contain 500 Sail of very great Ships in safety from all weathers whatsoever. Commodities of Majorca, &cThis Country affordeth for Merchandise, Corn, Wines, Oyls, this last being the principal Commodity of this Country, which the English do here lade above 500 Tuns yearly, and sometimes more, and hence exported by them, if the Spaniard have not otherwise occasion for it for his own use, for from hence Provisions are made for all the Eastern and Western Navigators.
Monies in Majorca.Their Monies have reference to those current in Spain, and principally in Barcelona, and Velentia, and they account 7 Rials Spanish and two Marvedes to make a Liver, Accounts.by which their Accounts are kept, being in Livers, Sold, Deniers, 12 Deniers to the Sold, and 20 Sold to the Liver, which Liver is 3 s. 8 d. sterling; but all Commodities are here sold by the Sold, 20 making a Liver, which may be accounted 3 s. 8 d. sterling as aforesaid, and they account 17 Doublers is a Rial Span.
Weights of Majorca.Their Weight is in Majorca and Minorca two, the one the Rotolo, which 100 Rotolos make a Cantar, called the Cantar Barbaresco, which is 117 l. of the other weight, which they call a Cantar of Majorca or Majorina, and consists of 104 l.
The Cantar Barbaresco hath made in | Pisa and Florence | 141 | l. |
Venetia suttle | 163 | l. | |
Venetia gross | 103 | l. | |
London | 110 | l. | |
The Cantar Majorca which is 104 l. hath made in | Valentia | 116 | l. |
104 l. Cantar Majorca in | Florence | 120 | l. |
Venetia suttle | 140 | l. | |
Venetia gross | 110 | l. | |
Genoa | 130 | l. | |
London | 117 | l. |
Cargo.Some Commodities are also sold by the Cargo of three Cantars, but each Cantar contains 104 l. by which Cargo is Pepper, Ginger, Cinnamon, Rice, Spices, and other things, and the Cargo hath made in Venice 420 l. suttle; by the Cantar Barbaresco is weighed Wooll, Hides, Skins, Metals, Lead, Tin, and such gross Goods, and fine Goods by the other Cuintar, or the Cargo aforesaid.
Measures in Majorca. &c.Their measure of length is a Cane, which hath made in London 67 in 68 Inches, which is 1 [...]/ [...] Yards London measure.
Their measure of Oyls is a quarter, or quartano, 12 whereof is contained in an Odor or skin of Oyl, and 212 Quartans I have found herein 1617; to be a Tun of 236 Gallons, and 214 a Tun of 252 Gallons or thereabouts, and 41 [...]/4 Quartans hath made in Venice one Miara, and in Alexandria hath weighed 5 Cantars, and 20 Rotolos.
Of Oyls, and how they are laden, and the account thereof made up in Majorca. Oyls are commonly laden at Porcupin, and were found in my time to have there these charges for Custom, 8 Doublers per Liver, which is 7 Rials, and 2 Marved. Spanish, and 17 Doublers, as I said before, being a Rial, for part 3 Doublers per Od [...]r for measuring, 3 Den. per Od [...]r for Pipes at 3 Livers the Pipe, for Sea Custom at 9 Doub. per Liver, brokered at 1 Den. per Liver, for Halledge of the Pipes at 5 s. the Pipe, Stowage at 8 Den. the Pipe, Barkage to Parcapin 2 Sol. 6 Den. the Pipe, Provision according to the custom of the place at 3 per cent. A brief of all which charges may be comprehended in this rule certainly: observe, That accounting 214 Quartans to a Tun, and for every Soldo that a Quartan doth cost here first peny, if you reckon 47 s. 6 d. sterling for every the said Soldo, so much infallibly will your Tun of Oyl stand you in clear aboard of all charges: And thus much out of my own trial I have thought good to insert in lading of Oyls in this place.
Ivisa.Near unto these Islands are the Islands of Ivisa, 100 miles in circuit; the chief City is Ivisa, the chiefest Commodity that it affordeth is Salt, of the Trade of which a word.
CHAP. CCLXI. Of Ivisa, and the Trade thereof.
Ivisa, and the Trade thereof.THE Island of Ivisa, the chief City whereof being Ivisa, consisteth wholly in making of Salt, Of Salt.which is here sold by a measure called the Modino, which weigheth in Summer by the weight of Valentia, which is here in use, is 33 Cantars, and in Winter 36 Cantars gross of the said place of Valentia, and corresponds with other places thus.
- In Majorca it maketh Cantars 38.
- In Florence Staros 50 in 52.
- In Genoa Mine. 9 in 9½.
- In Valentia Cassico 8.
- In Flanders 100 Lutos, which is in Ivisa 13 Modini.
- In London ( [...]) Bushels.
Their measures and weights I must refer to the better skilled.
Lesser Islands of the Mediterranean Seas.Here is also Promentary, Pantcleria and Lipara Isles, with the Isles of Naples, as Caprae, Ischia, [...]gitu, Elba, Gades, or Cales, and some others which I pass by, and so sail into the Ocean, and observe the Islands thereof.
CHAP. CCLXII. Of the Ocean Islands, and the Trade thereof.
BEing entred into these Seas, Northern Islands.I will begin with the most Northen Islands thereof, and so drawing towards England, the place of our abode, and there determinate my Traffick and peregrination. In the North then the report is credible, that the end of Nature and of the world is, wherein by late discovery are found these Islands: Willoughbies.first, Sir Hugh Willoughbie's Island, who by his death gave life and knowledge to us of this Island, searching here a new way to China, Cathai, and Moluccos: Nova Zembla.then there is Nova Zembla only discovered, else not famous for any thing. Frisland.Next, Frisland, subject to the King of Denmark, and much frequented by Dutch, English, and French, for fish here taken in great abundance in the Summer season only. Island.Then have we Island or Icieland, plentiful in Ling; the chief Towns are Hallen and Schasholton, and subject to the King of Sweden. Gronland.Then Gronland, seated under the Northern cold Zone, where their longest Summers day is three months and a half, abounding in fish, of which there is a Society now incorporated in London, by the name of Greenland Company: the Trade whereof principally consisteth in fishing of Whales for Fins and Oyls, and only lasteth the Summer Season, and no longer, and then they are inforced to return, by reason of the extremity of the cold and Frosts. Now to come out of those cold Seas to the Ocean, as into more temperate Regions, Orcades 32.I meet in my way with the Orcades, or Isles of Orkney, being 33 in number, Pomonia.the principal of which is Pomonia, stored with Tin and Lead; next Hethie; then Shetland, anciently imagined the last Island of the World, and called Thule.
Hebrides 44.Then the Hebrides, which are 44, the prime whereof is Ila, abounding in red Dear. 2. Iona, famous for the Sepulchers of the Scotish Kings. 3. Mula, whose Inhabitants are called the Red [...]nks; the rest of as little note I omit.
Sorlings 145Then the Sorlings, which are 145. The Principal being Armath, Agnes, Samson, and Silly, the name given to the rest and others.
Here I meet also with 5 Islands, which cannot be comprised within the former account. Man.First the Isle of Man, which is ten miles in length, and ten in breadth, abounding in Flax, Hemp, Oats, Barly, and Wheat, and some Cattel; the chief Towns are Ballacuri and Russin, or Castletown.
Anglesey.Then appears the Isle of Anglesey, which is accounted a Shire of Wales, in length 24 in bredth 10 miles, and for its abundant fertility in all things, is called by the neighbouring Shires, Mam Cimbri, the Mother of Wales, as having of all food and other provision necessary to preserve the life of man, out of which is yearly sent 3000 head of Cattel to supply the wants of other Countries adjoyning, together with a good quantity of Corn, Butter, Cheese, &c. the same had in times past 300 Towns and Villages, Beaumares.now it hath but one of consequence remaining, called Beaumares, commodious for Trade, as commanding a fair, safe, and capacious Haven and Road, to which as being the place of my birth, I owe this grateful remembrance. Jarsey. Jarsey is the next, in compass 20 miles; the chief Towns are St. Hillary, and S. Mollo, abounding in sheep &c. Garnsey.Then Garnsey, 20 miles distant from Jarsey, rich in good Harbours; the chief Town is St. Peters. Wight.The last is the Isle of Wight, being 20 miles long, and 12 broad; the principal [Page 284]Towns being Yarmouth, Newport, and Bradring, it is well fortified and strengthned against all foreign attempts whatsoever. There be also some other petty Islands round about this Shore, but I will pass them to come to those of greater note and consequence, which are Ireland and Great Britain, the last Isle and place, both of this my Travel and Traffick.
CHAP. CCLXIII. Of Ireland, and the Provinces thereof.
Ireland, and the Provinces thereof. IReland standeth West of Britain, containing in length 400 miles, and in breadth 200 miles, enjoying this prerogative by nature, That no venomous Serpent will either live here if brought from other Regions, nor yet doth naturally breed here: It is divided into 5 Provinces, which according to my former method, I will in order touch, and see what Towns of Note they contain.
Munster 1. Munster is the first, wherin is found the Cities of Limrick, seated on the banks of Shan [...], 2, Cork, 3. Kingsale, and 4. Waterford, the first ground that ever I trod on out of my native soyl, being about 13 or 14 years old, and then began to be employed by my Parents in trade of Merchandising.
Connaught 2. Connaught is the second Province, the chief Cities are Dunratty and Galloway; the third City in Ireland both for fairness, largeness, and for pleasant dwellings and situation,
Ʋlster 3. Ulster is the third Province, the chief Towns are Dundale, 2. Dungannon, 3. Armagh, an Archbishoprick, 4. Dongal, and 5. London-Derry, lately built, and peopled by the City and Citizens of London.
Meth 4. Meth is the fourth; the chief Towns are Kelly, 2. Thim, and lastly Tredagh, a fine Town, where also I resided in these my younger years of Travel, and first employment in Traffick.
Lempster 5. Lempster is the last Province, wherein is found the Cities of Mareaburg, Philips-Town, Kildare, and Dublin, of the Trade whereof a word.
CHAP. CCLXIV. Of Dublin, and the Trade thereof.
Of Dublin, and the Trade thereof. DUblin is seated on the Liffe, being the Metropolis of Ireland, and the residence of the Lord Deputy for the King of England, who is Sovereign here, it being also an Archbishoprick and an University. Commodities of Ireland.The Commodities the Country doth afford for Merchandise, are these: first, the Country abounds in Cattle, each affords Tallow and Hides in great abundance, which is hence exported to Spain, France, and Italy; also Salmon is here caught good store in July, August, and September, which is salted and exported, and in Summer the quantity is so great in some parts of this Island, that the Servants do covenant with their Masters, they must not feed thereon but certain days in the week. Herrings are here also caught, and accounted the best; as also Pilchards in August, September, and October, and thence vented to Spain, France, and into the Streights of Gibraltar; here is also some Butter, Cheese, Pipe-staves, Calves-skins, and other Commodities of late days prohibited to be exported by the Laws of the Kingdom.
Coins of Ireland.The Coins of this Kingdom in the standard, carrieth a concurrence with those of England, which also here are current for the value, as being subject to one and the same Scepter, yet in distinction of the true and real worth, are found thus entitled.
The pound of Ireland consisteth of 20 shillings Irish, yet in sterling is accounted but 15 shillings
The shillings by this account is but 9 d. sterling, and the 6 d. Irish is 4½ d. sterling.
Exchanges of Ireland.Here is also an Exchange found and practised, but not for any foreign part, saving England, and principally London and Bristol, commonly running at 8 d. upon the pound, and when most at 12 d. per l. which is 5 per cent.
Weights and Measures as in England. Dublin, and in general all Ireland, hath the Measures and Weights of England in use in their Traffick, and agreeing therewith in all particulars, I need not insist further therein.
Now a word of the Trade in general of Ireland, as it is found observable in these days.
[Page 285] Of the Trade in general of Ireland.The daily conversation of the English Nation, and the late impartial and found administration of justice in this Country, hath redeemed this Island from the jaws of Barbarism, wherein it was ready to fall and suffer a ruin, and since by little and little peace being firmly established, hath brought the Inhabitants to a desire of inriching themselves, and this desire hath so well been seconded by their industry, that I may say it hath brought store and plenty into their dwellings, which hath hitherto met with so good a success, that whereas few years past this Country was with all necessaries supplied out of Englands and Scotlands abundance, it now returneth that courtesie, and contributeth some years not only to the wants of both, but to the wants of Spain, France, and some other adjoyning Countries; for now it is found that the Earth and Seas add to the Inhabitants labour and pains; as first, the Seas and Rivers in their season afford them great plenty of Cod-fish, Hake fish, Pitchards, Herrings, and these of both the largest, best, and in abundance, which they take, kill, and salt, and so disperse as a Merchandise into France, Spain, England, Scotland, and other Countries.
Then the Earth yeilds them a good breed of Cattel, especially Sheep and Oxen, in such store, that they have thereof in great abundance, as also of Hides, Woolls, Tallow, Butter, Cheese, and Beef; and the Wool, they by Manufactures convert into Cloth, Mantles, Ruggs, Frises, and Yarn, whereof it is reported that there cometh yearly to the Town of Manchester in Lancashire, to be there woven into Stuffs, at least two hundred thousand weight fine and coarse: besides which, the bowels of the Earth yeild them Lead, Iron, and Tin, and by their own industry they have many other Manufactures, as also Pipe-staves, Wax, Honey, Furs, Hemp, Linen Cloth, Salt, and some others: all this considered, what should want here to make them eminent Merchants, but shipping and skill in the Art of Navigation, and a desire to imploy their Talents in foreign Countries, which yet is not seen to be perfected amongst them: Nature having to this end fitted them with many goodly Ports and navigable Rivers, and will in time I hope fit them with an inclination to second by their endeavours, what is so plentifully bestowed by her upon them, which by little and little may be brought to pass by the conversation and direction of the civiliz?d English, that daily are seen to come and reside amongst them: and thus leaving Ireland, and my good wishes to the increase of her Traffick, I hence pass over to Scotland (a part of Britain) and view the present Trade thereof.
CHAP. CCLXV. Of Scotland, and the Provinces and Cities thereof.
Scotland, and the Trade thereof. SCotland is the Northern part of Britain, and separated from England by the River Tweed and Salway, and the Cheviot hills, extending from thence to the other, which being a Kingdom, and varying in the manner of Trade from England, I have thought good here to insert by it self.
Commodities of Scotland.The Commodies that this Country affordeth for Merchandise are coarse Cloths, Freezes, Fish salted, Hides, Tallow, Lead Ore, some Grain, Feathers, and other Commodities, as Sea-coal, Allom, Iron, &c.
This Country is divided into two parts, the High-land and the Low-land, and the same into several Sheriffdoms, or Provinces, in which are found these Towns of consequence.
CHAP. CCLXVI. Of Edenburg and the Trade thereof.
Edenburg and the Trade thereof.FIrst Edenburg, wherin is seated the King's Palace, and the Court of Justice, consisting principally of one street of a mile in length, whereto doth lead many other petty Lanes, making the whole near three miles in circuit; the second Town is Glascow, an Archbishops See, and an University; the third is Saint Andrews in Fife honour'd with many Prerogatives; fourthly, Sterling: then is Perth, Aberdeen, Dondes, Saint John's Town, and some others of lesser note.
Monies of Scotland.Their current monies in Merchandise is the proper Coins of that Kingdom both in Gold and Silver, which are usually found to be in Gold.
In | Pieces of | 22 | shill. sterl. |
Pieces of | 11 | shill. sterl. | |
Pieces of | 5. 6 | d. sterl. | |
Pieces of | 2. 9 | d. sterl. | |
Pieces of | 4. 4⅜ | d. sterl. | |
Pieces of | 1 | shill. 1½ d. sterl. | |
Pieces of | ½ | the ¾ and ⅛ thereof. | |
Pieces of | 9. 6 | d. being ⅔ of the 13 d. ½ sterl. | |
One Mark. | |||
Pieces of | ½ | which is 4½ d. being ⅓ of the abovesaid. |
Again,
- 13½ d. sterl. is a Scotch Mark. or 13 shill. 4. d. Scotch.
- 6⅔ is a Scotch Noble, 6 shill. 8 d.
- 20 d. sterl. is 1½ Mark Scotch. or 1 Pound Scotch of 20 shill.
- 20 shill sterl. is 18 Scotch Marks.
Besides which, are here found current the Coins of England, and he that would see further into the intrinsic value and weight of these Coins either of Silver and Gold, must have recourse to a Proclamation set out by our Sovereign King James deceased, dated in 1609, which will also shew their conformity to the Coins of England in weight and goodness, and the current value and estimation thereof through this Kingdom.
Exchanges in Scotland.Here is practised for England an Exchange for monies as is done upon the Scotch Mark for 12 pence sterling in London, &c.
Accounts in Scotland.Their Accounts are now kept several ways, some following the custom of England, by sterling pounds, shillings, and pence, and some by their own ancient manner also in pounds, shillings, and pence Scottish, 20 pence sterling being their pound, 13½ being their Mark, and pence Scottish, of which they had some black or Copper Monies, as Babaes, esteemed by them for six pence, whereof two made a penny sterling; Placks, which they esteemed for four pence, and three of them made a penny sterling; and lastly, pieces called Hard-heads, esteemed by them at 1½ pence, but eight of them made a penny sterling mony, and some of these are yet current amongst them.
Weights of Scotland.They have in general (as is also the custom of England) but one weight for weighing of their Merchandise, and for buying and selling throughout the Kingdom, which is the Pound of 16 ounces, 100 of which pounds makes their Quintal, which is found to make in London and all throughout England 108 l. Averdupois, and the 100 l. London sotile is found to render here 92 l. incirca, or the 112 l. to give 103½ l. or thereabouts.
Measures of length. 120 for 100.Their common measure in length for Linens, Cloth, Silk, or Stuffs, is an Ell common in use throughout Scotland, which is about 4 per cent. differing from our English Yard, as being greater; so that whereas we allow 36 inches to the Yard by Rule, their Ell may make incirca 34½ inches, it having been observed by Traders hither, that 75 Yards in London or Ells, 60 Ells hath made here 72 Scotch Ells, but in their hundred by tale in measure they account six score or 120 for 100.
In other measures of Corn, Coal, Salt, or liquid measures of Beer, Ale, Wines, Oyls, and such like, imitate the better experienced to supply my defects therein, for I hasten now towards England, and so to London, the City of my abode, and the end of my present labours, and by the way will observe, That the Inhabitants of this Country are much addicted both to Trade and Navigation, and have many good helps and furtherances there both by the natural and artificial Commodities of this Country, and the good Ports of the same; so that in brief I may conclude this Kingdom to be more addicted to Traffick and Navigation than the Irish, and yet not so much as the English, which yet by the gracious aspect of our Sovereign is seen daily to increase, and may in time come to a greater perfection.
CHAP. CCLXVII. Of Britain, and the Provinces thereof.
Britain, and the Provinces thereof.HAving now set my foot upon the happy shore, and run through the Trade of most of the greatest known Cities of Commerce and Traffick in the World, give me leave to survey the distinct Ports of this Kingdom, that I may not do less to our own than in this Tract I have done to other foreign Countries. Britain then, the Queen of Islands, is found to be in circuit 1836 miles extending it self (comprehending England, Wales, and Scotland, as of one entire Island, which we now know by the name of Great Britain) 800 miles, being divided into 3 parts, as into England and Wales, whose Trade we have now in hand, and Scotland, whose Traffick we have already declared.
CHAP. CCLXVIII. Of Wales, and the Trade thereof.
Of Wales, and the Cities thereof. WAles then being the second part of this division, is bounded on all sides with the Seas, except the East, where it is separated from England by the River Dee, and a line drawn to the River Wie, but by some by Clauda Offa, or Offa's ditch, or more proper by interpretation, Offa's Hedge or Rampire, begining at the influx of Wie into Severn, reaching unto Chester for 84 miles, where the River of Dee entreth into the Sea.
The Country is in many places mountainous and barren, yet able of it self to subsist without assistance of any neighbourhood, partly by the industry of the Inhabitants, and partly by the plenty of some of the shires thereof, the most fruitful affording supply to others that are found the most barren and deficient.
Commodities of Wales.The Commodities which this Country doth yeild and vent abroad for Merchandise, are first Cattel in abundance, bred in general through the whole Country, Wax, Honey, Herrings white and red, Butter and Cheese in great plenty, Woolls also in some measure; also this Country is well stored with Mines of Silver, Lead-Ore, Coal, and some Tin, Milstones, and good Quarries of Free-stone for building, Hides, Calf skins, Frises, Bays, some Linens, and great quantity of Cottons, known by the name of Welch Cottons and Plains, which in Oswestry, seated in Sheep hire, is every Monday (as the common Emporie of all Wales) vented in great abundance, and thence dispersed throughout England, and so thence is shipped and conveyed to supply the defects of Normandy, Britain, and Picardy, and of late have found a current vent in Spain, Turkey, and other Countries: therefore I would incourage my Countrymen to go on in their Mansfactures of Woolls, seeing that Nature hath done her part to give them the materials, their industry must be added, and that will soon bring forward the Art, and all these conjoyned will bring a benefit for a reward of all, and to all of them.
Four Circuits in VVales. Wales is found at this day to contain 4 Circuits for the administration of Justice, 1 Flint, Denhigh, Montgomery shires being the first; Radnor, Glamorgan, and Brecknockshires being the second; Cardigan, Carmarthen, and Pembroke shires being the third; Merioneth, Carnarvan, and the Isle of Anglesey, the fourth; Four Dioceses.also to contain 4 Dioceses for Ecclesiastical Discipline, Twelve Shires.and these comprehended in twelve shires, wherein is also found 1 Chuse, 13 Forests, 36 Parks, 99 Bridges, 230 Rivers, 1016 Parishes, wherein are noted to be 56 Market Towns, being no Cities, and in them 41 Castles, and 4 Cities, being the Seats of so many Bishops, as [...] Saint Davids in Pembrookshire, 2. Bangor in Carnarvonshire, 3. Asaph in Flintshire, 4 Landaffe in Glenorganshire: Lastly, the Inhabitants are accounted men of faithful carriage one to another, most especially in a strange Country, and to strangers in their own, and use a peculiar language that hath remained without alteration or commixture with any other in the world, from the original thereof to this day.
And lastly, to their everlasting praise and commendation, have for many years valiantly withstood all their Enemies by their own proper valour, and being joyned to the Crown of England, have been found to be true and loyal to the same, and have so continued in all amity, love, and faithfulness.
CHAP. CCLXIX. Of England, and the Trade thereof.
England and the Cities thereof. ENGLAND is the principal part of Britain, and now the last in my labours, bounded on the East with the German, on the West with the Irish, on the South with the British Oceans, and on the North with Scotland, as is afore-mentioned. The ornaments of this Country hath in times past been expressed unto us by this verse,
But these are not the Commodities that Merchants look after, therefore I will shew you in his proper place, those Commodities which England doth naturally afford for Merchandise, and in the mean season it will not be improper that I run over the Provinces of this Kingdom, and therein see what particulars may be gathered out of each, conducing either to Traffick or to the honour and commodity of the Country, and thereto add also the Provinces of VVales, purposely omitted for this place. The Provinces, or more properly the Shires of England and Wales, according to Cambden, whom I gladly follow in this description, are these.
Cornwal.The first is Cornwal, in it self a barren and mountainous Country, but the bosom thereof incloseth rich Mines of Tin, which for the excellence thereof is famous throughout the world, also therewith is digged Gold and Silver, and a certain Stone is found upon the earth of it self transparent, and naturally formed into angles and points, which if found in foreign Countries, would be held admirable: here is also upon this Coast taken Pilchards and Herrings in great abundance, which the Inhabitants do salt and dry in the smoak, and so transport into France, Spain, and Italy, to good advantage: the Sea-coast is beautified with many Towns and Havens, capable of many Ships, Falmouth being the chief, and here is found that famous Mount Michael, by the Inhabitants called Cana, which hath for many ages been noted for its steepness and antiquity.
St. Ives in Cornwal, and the Trade thereof.The situation of the Town of St. Ives is on the the Sea-side, with a good Road before it for any Vessel whatsoever to ride in it within one league, half league, or quarter of a league of the Town, with a Peer or dry Key belonging unto it, which will admit the entring a Vessel of 200 Tuns bringing their Tide with them. The situation of the Road, and how it lies, and in what degrees, is in a Paper hereunto annexed. There may be a Mould made for the preservation of Vessels with small cost. That Ships of 50 Tuns, or 100 Tuns, may ride a float on a Neap-Tide within it in safety. The Town consists only of one Parish belonging to it, about some three miles round of it, with at least 500 Families, or above 3000 souls in it.
What the place naturally affords, is Pilchards, Herring, Congerdoust, Ray-fish, and other sorts of Summer-fish. The materials which they mostly use for it, is Salt supplied from France; The quantity it affords yearly more or less, as pleaseth God, may be 3, 4, or 5000 Hogsheads of Pilchards yearly, 3, 4, or 500 Barrels of Herring, good quantity of Congerdoust, 4 or 5 Barks loaden of about 20 or 30 Tuns, each Bark of Ray-fish yearly, some years more, some less.
These Commodities, as Pilchards, are sold by the Hogshead, four of them make a Tun: but commonly by the 1000; (1200 small tale they sell the Merchant in the Cask to the 1000) the Barrel of Herring about 30 Gallons, sold commonly at 18 s. 20 s. 22 s. per Barrel; a Congerdoust by the Kintale, that is to say [...] 112 l. to the Kintale. Ray fish constantly sold by the dozen fresh, at 2 s. 4 d. 2 s. 6 d. or 3 s. per dozen. They have to their dozen 20, 30, 40, 50, sometimes 60 fishes to the dozen, according to their custom the Merchant hath that buys it, per dozens.
Their Weight is 12 l. according to the Standard; likewise is their Yard or Ell, according to the Standard by Law.
Their Measure is a Bushel for all Grain and Salt to be measured, imported, containing 28 Gallons water-measure, their ancient standing measure. The places for venting these Commodities are in the Straights, Spain, France, and other foreign parts beyond the Seas. The prices are commonly on Pilchards 7, 8, or 9 s. per thousand, 30, 35, or 45 s. per Hogshead.
The Measures used in the publick Market for Corn are a Bushel containing 20 Gallons, the half Bushel 10 Gallons, the Peek 5 Gallons, the Gallon agrees with the Winchester Gallon. Salt is sold in the publick Market by the Gallon; and it is a good Country for victualling of Ships.
The quantity of Shipping or Barks belonging to the place are but few, and in number seven, [Page 289]they were many more, but are taken and lost. The Burthen of these are from 60 tuns to 20 Tuns: divers other Vessels of forein parts do frequent the Road yearly, and Port likewise.
The Trade they drive with forein Nations are the Commodities formerly expressed out of this Port exported; with great quantities of Tin, which this Country round about us affords, and that the best in England, which we usually export.
The Commodities imported, or usually expended on the place or parts adjacent, are great quantities of Salt, at least 10000 bushels of Salt yearly, with all other sorts of Commodities being small quantities.
The manner of taking Pilchards and Herrings is by Nets, the other Fish by Hooks: they likewise use great quantity of Netting and Rope yearly for their Fishing craft, which cost them great Sums of Money. The Season for taking of Pilchards is between the first day of July and the first of January following. The Herrings they take from Michaelmas to Christmas following. The other Fish are taken in the Summer. The quantity of Boats belonging to the place are about 60; the Men a great number imployed to Sea in Ships; and at least four hundred Men all the Fishing-season are imployed about the Pilchard-catching and Herring-fishing.
And for the better encouragement of Trade there might be a Mould erected from the Castle whereon the Colours stand in the Map towards the Church, which hath been profer'd to be done for 3000 l. which, if done, would be the preservation of many thousand pounds per Annon, and many Mens Lives, who by extremity of Weather and contrary Wind are forced this side the Lands-end, having no place else to preserve themselves, unless they can get the Harbour of Milford, which is 32 Leagues from this place, being the only place on this North side for preservation of Ships.
General Blake, when he beleaguer'd the Island of Scilly, which lies 13 Leagues from this place was put off by a Storm from the Island of Scilly with his Fleet which came into this Road, and here anchor'd with his Fleet till the Storm was over, which continued five days in Safety; it is a good Road, and with good Ground-tackle a Ship may safely ride with all Weather.
This Bay is from the Lands-end 5 Leagues, and from the Lands-end to Scilly is 8 Leagues:
The Inhabitants of this place are poor, and have often made it their Request to have a Mould erected for the greater Safety of Ships that come here. But by reason of the late Troubles, and through the negligence of such as were intrusted for the prosecuting thereof, it has been neglected, which (if erected) Ships of 300 tuns might be secured within the Mould at any time, and then it would be one of the best dry Peers in England.
Devon 2.The second is Devonshire, no less rich in Veins of Tin, and withal beautified with many more Towns and good Havens than the former, Exon being the principal Town, and an Inland City, but Datmouth and Plimouth the best Havens; this last being, from a poor fishing Village, become a fair Town, by reason of the Castle and Commodiousness of the Haven; and the rather it is to be mentioned, as giving birth to Sir Fruncis Droke Kt. who in our Fathers days accomplished so many notable Exploits at Sea, and was the chief Glory of that Age for Navigation.
Dorset 3.The third is Dorsetshire, Dorchester being the chief Town, and Weymouth the chief Haven.
Somerset 4. Somersetshire is the fourth, happy in the fruitful Soil, rich Pastures, Multitude of Inhabitants, and Commodiousness of Havens: the chief Towns are Bridgwater, next Bath famous for those medicinal Baths there found; and lastly Bristol, incompassed with a double Wall feate [...] on the River Severn, beautified with many fair private and publick Buildings, and next to London and York it is preferred to all other Cities of England, but in Amplitude of Traffick, Shipping, and Eminence of Merchants, next to London it self, and else in my opinion second to none.
Of Taunton. 1 The Town of Taunton, being a Corporation governed by a Mayor and 24 of the Society, is situate in a very fruitful Valley between 2 Hills, one of the Hills is 4 miles off the Town on the South, the other 2 miles distant from the Town on the North. In the Town are 2 Parish Churches, St Mary Magdalen and St. James, and in these Parishes are 700 Dwelling-house; and upward, being fully inhabited and very populous: through which Parishes runneth a great River of Fresh-water called Tone, into which run divers small Rivulets before it comes to the Town; this Town is incompassed round; within 5 miles, with 32 Parishes, which are very populous. Market-towns near it are, Bridgwater a Haven Market-town 7 mil [...]s off, Chard a Market-town 8 miles, Wellington a Market-town 5 miles, Stoy a Market town 9 miles, Wilvescome a Market-town 7 miles, Ilminster a Market-town 8 miles from this Town.
2 In the Town there are 32 Mercers and Drapers, also Smiths, Shoe-makers, Wool combers, Weavers, Fullers, Goldsmiths, and Taylors, with others of manual Occupations, of which [Page 290]there are a considerable Number: the chiefest Commodities that it affords for Merchandize, being at present mixt Serges and white Serges (in the Town and places adjacent) made of clean Wool, out of which are sent to London and other places every week 700 pieces and upward: the Town was furnish'd with Wool in former times from Ireland, but now little comes from thence by reason of the Wars: but at this instant (what this fruitful Valley, being full of Pasture doth not afford) is supplied with Wool from the North, viz. Buckingham, Oxford, Warwick and Leicester shires: Besides, here is made a sort of Bays called Taunton Bays, for making of which Serges and Bays aforesaid, are kept at work weekly 8500.
The Yard, Ell and Bushel, are according to the Standard and Measure of Winchester.
3 The Measure in the Market for Corn is the Peck, 4 Pecks to the Bushel, which is 8 Gallons, agreeing with Winchester.
4 In the Town is no Port, but 17 miles from the Town North is a Port called Minhead, with a sure Key, where may ride 30 Ships of 60 Tuns and downward: also another Port 12 miles off called Watchet of the same bigness, only the Key is ruined: and another Port 7 miles from the Town called Bridgwater, in which Town cometh a Salt-water River, in which may come in at a full Tide Vessels of 60 Tuns, and the River from the main of Severn is above 10 miles, by which you may judg how many Vessels may arrive to these Ports; there are but few Ships belonging to these Ports: their Trade is to Ireland, to Wales for Coals; and Bristol, and sometimes to France and Spain. The Ports he against the Sea that runs to Bristol, called the Severn.
5 What Trade they drive is set forth in the former Articles.
6 As for Fishing there is very little, not worth mentioning.
Wiltshire 5. Wiltshire is the 5. altogether an inland Country; the chiefest Towns are Malmesbury, famours for the Cloths of Wool made here; Salisbury for the Bishoprick; and Wilton, of old the chief of this County, now a little Village.
Hampshire 6. Hampshire is the 6. wherein are found the little fair City of Southampton, Winchester the pleasant, and Portsmouth the only now Garrison Town of England.
Barkshire 7. Berkshire is the 7. wherein are found the Towns of Newbery famous for Clothing, and Windsor for the King's Castle, and where the Ceremony of the Knights of the Garter is solemnized.
Surrey 8. Surrey is the 8. wherein are seen Oatlands and Richmond, two beautiful and stately Palaces, belonging to the Kings of England.
Sussex 9. Sussex is the 9. Chichester being the chief City, and Rhy the chief Sea-Town.
Kent 10. Kent is the next, rich in Meadows, Pastures, Groves, Apples and Cherries, wherein are found seated the Cinque-Ports, Deptford the King's Yard for building of his Ships, Rochester the Seat of a Bishop, Eltham and Greenwich two Palaces of the Kings, Dover a famous Sea-Port and one of the Keys of this Island; and lastly, Canterbury the prime of this County, and the Seat of the Archbishop and Metropolitan of all England.
Gloucester 11. Gloucestershire is the 11. the principal Towns are Tewksbury famous for Cloth-making, and Gloucester the chief of the County; here are also found the famous Hills of Cotswold, upon which great Flocks of Sheep are found to feed, yielding that excellent Wool so much esteemed amongst all Nations.
Oxford 12. Oxfordshire is the 12. which is a fruitful County both in Corn and Pasture, and wherein is found Woodstock a House of the King's, an inclosed Park with a Stone Wall, imagined the the first of this Land, and Oxford an University famous through the World, and chief of this Island.
Buckingh. 13. Buckinghamshire is the 13. wherein are found the good Towns of Ailsbury, Stony-stratford, and Buckingham the principal of the County.
Bedford 14. Bedfordshire is the next, and shews the Town of Bedford for the first of the County.
Hertford 15. Hertfordshire is the 15. wherein is the stately House of Theobalds, a House of the Kings, St. Albans, a fair Thorough-fare, and Hertford the principal of the County.
Middlesex 16. Middlesex is the 16. wherein are found the King's Palace, Hampton Court, and London, the prime City of this Kingdom, and the Chamber of the Kings of England, so famous abroad in forein Countries that it needs no Mans Commendation: it is beautified with sundry Colleges for the Study of the Municipal Laws, with the Churches of Westminster and London, besides divers others, with the Hall of Westminster, where the Parliaments extraordinary, and Courts of Chancery, Kings-Bench, and other Courts are ordinarily kept, with the 2 Palaces of Whitehall and St. James, with an Exchange or Burse for Merchants to meet in, with a sumptuous and wonderful Bridge of Free stone, besides many other excellent private and publick Edifices.
Essex 17. Essex is the next, abounding in Pasturage, Corn and Saffron, and in which are found Chelmsford the chief Town, Colchester, Coxal, and others abounding with Bays, Says, and other new Drapery; and lastly, Harwich a safe Haven for Ships.
[Page 291] Suffolk 18. Suffolk is next, which affords quantity of Butter, Cheese and Cloths, known by the names of Suffolk-cloth, wherein is found St. Edmunds bury and Ipswich, which hath a commodious Haven.
Norfolk 19. Norfolk is the 19. a large champain Country, abounding in Conies and Sheep, affording the two good Haven Towns of Lin and Yarmouth, and Norwich, the first of the County, which deserves to be numbred amongst the chiefest Cities of England.
A Description of the City of Norwich, and the Trade thereof.It is seated in the County of Norfolk, and is situate upon the River Yare, (which runs to Yarmouth, and gives name to that Town) passable for small Boats only, on which River are 5 Bridges; the City is well walled with many Turrets, and hath 12 Gates for Entrance, containing 36 Parishes, in the midst whereof is a very fair Market-place, [...]and Town-Hall for the City Courts and Elections, and one other Hall wherein the Citizens keep their great Feasts. This City is also beautified with a fair Cathedral and Cloister not much inferior to any in the World, tho now much ruinated by these unhappy Times. There is also in this City the Ruines of an old Castle, 3 Palaces, viz. one belonging to the Dukes of Norfolk, one formerly belonging the Earls of Surrey, and one other for the Bishop of Norwich. Here are also 3 Hospitals, one for aged Persons, one for Boys, and one for Girls. The Government of this City is by a Mayor, 2 Sheriffs, 24 Aldermen, and 16 Common Council-Men. This City being an Inland Place, about 30 miles from the Sea by Water (tho not above 16 by Land) hath little forein Trade, save only with Holland, and that not considerable or worth taking notice of, the chief Trade of this City being to London, and that in these two Commodities especially, viz. Stuffs and Stockings: the Stuffs here vended in a time of Free Trade, may be estimated at 100000 l. per annum, and upward; which said Stuffs are under the Government of two Companies, one called the Worsted Company, and the other the Russel Company; those Manusactures under the Government of the Worsted Company (and approved by the Wardens thereof) have a Seal affixed to each End thereof, the one Seal having this Word ( Norwich) on one side, and certain Letters on the other, which stand for such of the Wardens Names as are present at the Sealing thereof: the other Seal hath on one side these Words ( Worsted reformed,) and on the other side thereof (in Figures) the Quantity of Yards the Piece contains; and those Manufactures under the Government of the Russel Company, and approved by them, have but one Seal, which hath on one side the Representation of a Castle, and on the other side these Words ( Fidelitas Artes alit.) This Stuff Trade is chiefly managed in Partnership between the London and Norwich Merchants, great Quantities whereof have in formertimes, in a Free Trade with other Nations, been exported beyond the Seas to several places, but especially to Spain, and from thence to the West Indies. The Stockings here vended may, in time of Free Trade, be estimated at 60000 l. per annum, and are not under any Company or Government, but are here put out to knitting by certain Citizens brought up thereto, and so sent up to London to their Factors, which sell them to Merchants, who transport them to Spain, France, Portugal. The Advancement of these Manufactures is Peace and Free Trade with those Nations whither they are exported; and the chiefest Prejudice to the Makers of these Manufactures is the Decay of Sheep by the Rot and Casualties, and the suffering our Wools to be exported unwrought into Holland and other places. The Country hereabouts affords great quantities of Sheep and Conies, and is well stored with Corn of all sorts, especially Barly which is here converted into Malt, whereof in former times great quantities have been lent to London and Scotland. All Grain, according to the Custom of the Country, is here sold by the Score (which is 20 Cooms, every Coom being 4 Bushels) and have 1 Coom allowed to every Score, as in Measure or Courtesie.
The Weights and Measures both dry and wet here used, and other things enquirable, according to the Articles of Instruction not herein before expressed, are agreeable and do correspond with London.
Cambridge 20 Cambridgeshire is the 20. which is found to abound in Corn, and wherein is seen the University of Cambridge, and Ely famous for being the Seat of a Bishop.
Huntington 21 Huntingtonshire is the 21. the chief Town being Huntington.
Northamp. 22 Northamptonshire is the 22. abounding in Corn, Peterborough being here the Seat of a Bishop, and Northampton the chief City.
Leicester 23. Leicestershire is the 23. abounding in Corn, Leicester the chief Town is more famous for the Antiquity than for the Beauty thereof.
Rutland 24. Rutlandshire is the 24. and accounted the least County in this Kingdom, Uppinham being the chief Town.
Lincoln 25. Lincolnshire is the 25 rich in Corn and Pasture, abounding in Fish and Fowl; Lincoln, once a great City, is yet the greatest in this County.
Nottingh. 20. Nottinghamshire is the 26. wherein is Nottingham the chief Town, and the Forest of Sherwood seeding many fallow and red Deer.
[Page 292] Darby 27. Darbyshire is the 27. the chief City is Darby, famous for the Ale thereof; in this County are many Mines of Lead and other Minerals:
Warwick 28. Warwickshire is the 28. wherein is found Warwick the chief Town, and Coventry a fair walled City, and accounted the fairest Inland City of this Island, wherein no great quantity of Cloth is made.
Worcester 29 Worcestershire is the 29. wherein is sound the City of Worcester, famous now for Clothing, and the Seat of a Bishop.
Stafford 30. Staffordshire is the 30. which affords Salt-pits and Wells, and Coals taken out of the Earth, Stone and Lichfield being the principal Towns in this County.
Shropshire 31 Shropshire is the 31. wherein is found Ludlow, of more Beauty than Antiquity, honour'd with a Council and Court of Justice for Wales, and a Palace for the Princes thereof. Shrewsbury the chief of this County, much inriched by their Trade for Cottons and Frizes with their Neighbours the Welsh, whom yet notwithstanding they greatly affect not.
Chester 32. Cheshire is the 32. abounding in Pastures and excellent Cheeses, hence transported throughout England; it hath Chester for the chief City, seated on the River Dee.
Hereford 33. Herefordshire is the 33. and boasteth to be, for its Fertility and Abundance of all things, the first Shire in England; Hereford is the chief City, and Lemster justly boasteth of the Sheeps Wool, feeding in those Grounds, with which no part of Europe can equalize.
Yorkshire 34. Yorkshire is the 34. and largest County in all England, abounding in Corn, Pasture and Meadows, yielding Clothing, by the Industry of the Inhabitants, in abundance; York is the chief City, and the second in England, also the Seat of an Arch-bishop; here is a Court of Justice held for the neighbouring Marches, like that of Ludlow. In this County is also the Town of Hull, seated on the River Humber, where are found Merchants of good quality; and here is also the Castle of Scarborough, where, in the adjoining Sea, is the great Fishing found annually for Herrings.
Richmond 35 Richmond is the 35. in which are found Mountains to yield plentifully Lead, Pit Coals and some Brass, and the chief City is called Richmond.
Durham 36The Bishoprick of Durham is the 36. pleasant in Meadows, Pastures and Groves, and aboundeth in Sea-Coal, which is dig'd out of the Earth. Durham is the chief City.
Lancashire 37 Lancashire is the 37. wherein is Manchester, an old Town, inriched by the Industry of the Inhabitants, by Cloth of Linen and Woollen, the City of Lancaster being the first of the Shire.
Westmerl. 38. Westmerland is the 38. the chief Town whereof is Kendal, famous for making of Woollen Cloth.
Cumberlan. 39. Cumberland is the 39. affording Mines of Brass, and some Veins of Silver, and Black Lead in abundance: also there is made much Linen Cloth in this County. Carlisle is the principal Town, where they are lately set to the making of Dimities, which may in time prove a very considerable Manufacture. Here are found apparent Ruines of that Wall which the Romans built, to keep out the Picts from making incursions upon the Britains, being as it seems then so poor, that they cared not to subdue them.
Northumb. 40 Northumberland is the 40. wherein is found the Sea-Town of Newcastle, which affords such abundance of Sea-Coal, that the same is thence transported into many Kingdoms of the World: Berwick.here is also Berwick one of the strongest fortified Towns of England, formerly strengthned against the Incursions of the Scots, by a strong Garrison of Souldiers, and now dismissed by the Happy Union of England and Scotland.
The Measures used in Morpeth, 12 miles beyond Newcastle for hard Corn (viz. Wheat, Rye, Pease and Beans) is the Bole, containing 2 Bushels, every Bushel makes 2 Canings; a Caning makes 2 Pecks, every Peck 2 Houps, each Houp 4 Fourth Parts. This Morpeth Bole makes 3 Bushels, or the Bole and half of the hard Corn Bole of Newcastle.
There is another Bole used for Barley, (there called Big) and Oats, which is bigger than the former Bole by one fifth part.
The Bole of Alnwick, 12 miles beyond Morpeth, for hard Corn contains a Morpeth Bole and a Houp or 1/10 part more. The Bole for Oats (with the Alnwick Charity, as they call it) which is a Houp, makes the Bole for Big and Oats of Morpeth. Their Bole for Big is less than the Morpeth Bole for Big 1/8 part. The Bole of Wooll, 20 miles beyond Alnwick for all Corn is bigger than that of Alnwick by ⅛ part, or a Peck. The Measure for Salt all the County over is the same.
Shires of Wales.Having thus briefly run over the Shires of England, it will be necessary I should here add the like cursory View of Wales, comprehended under the Government of England, and included within the same Limit, and omitted to this place, as having parts of the said Kingdom, which I find to be in number these.
Anglesey 1. Anglesey I account the first, which is toucht amongst the Islands, being esteemed a County of Wales, Beaumaries being the principal Town of the County.
[Page 293] Flint 2. Flintshire is the second, plentiful in Corn and Pasture, famous for the Spring of Holy Well, called here St. Winifreds Well, and Flint Town being the chiefest of the County.
Denbigh 3. Denbighshire is the next, affording some Mines of Lead, wherein are found Wrexham that boasts of its Holy Tower, and Musical Organs, and Denbigh the chief of the County.
Canarvan 4. Canarvanshire is the next, antiently called Snowden Forest, before that Wales was reduced to Counties, wherein are found the high Hills, the Alps of Britain; also Aberconway, a strong and fair little Town; Bangor, the Seat of a Bishop, and Canarvan, the chief of this Province, Famous for the Birth-place of Edward II. the first Prince of Wales of English Blood.
Merioneth 5. Merionethshire is the next, a mountainous Country, affording notwithstanding good Pasture for Cattel. The chief Town is Balla, tho poor yet principal of these Mountaincers.
Montgomery 6 Montgomeryshire is the next, having its chief Town of the same Name.
Cardigan 7. Cardiganshire is the seventh, and hath the Town of Cardigan for the chief of the County.
Pembroke 8. Pembrokeshire is the eighth, Pembr [...] is the chief Town, and here a long Neck of Land makes a Haven, called Milford Haven, than which Europe hath not a more noble, more safe, and more large, with many Creeks and safe Roads, wherein 1000 Sail may ride out of sight one of another, and made more famous by the Landing of Henry VII.
Caermarden 9 Caermardenshire is the next, abounding in Corn, Sheep, and Pit-Coal, Caermarden being the chief Town.
Glamorgan 10 Glamorganshire is the next, Cardiff is the chief Town, having a commodious Haven for Shipping.
Monmouth 11 Monmouthshire is the next, wherein are found Chepstow and Monmouth, the last is glorious in giving Birth to Henry V. Conqueror of France.
Brecknock 12. Brecknockshire is the next, Brecknock being the chief Town.
Radnor 13. Radnorshire is the last, wherein is sound Radnor the chief. These are in brief the Shires of Wales.
Commodities of England.To observe now my former Method, having thus particularly survey'd the Continent, let me now search into those Commodities which England in general affords for Merchandize, and is thence exported into forein Regions, as being the principal Motives of Trade in all Kingdoms, which it produceth several ways. First, by Manufactures it yieldeth Woollen Cloths of all sorts, broad and narrow, known and called by the name of several Shires, also Perpetuanos, Bays, Says, Scrges, Cottons, Kersies, Buffins, Mocados, Grograms, Sattins, Calimancas, Velvets, Pl [...]shts, Worsteds, Fustians, Durances, Tukes, and infinite others: there is made in this Island yearly 250000 Cloths by computation, and by this may be guess'd the Quantity of the res [...] of other sorts; also Furs and Skins, as Coney-skins, Squirrel-skins, Fitches, Calf-skins, Hides, and sundry others.
Also it produceth by Mines out of the Earth, 1. Tin 1200000 l. yearly, Lead 800 Foders yearly, Allom 800 Tuns yearly, Copper 500 Tuns yearly, Iron of all sorts, 800 Furnaces daily set on work, besides Ordnance of Iron and such like, Sea-coal yearly ( [...]) Chaldrons, Salt ( [...]) Tuns; also all manner of Grain, Oats, Pease, Barly, Rye and Wheat in great plenty; also Linen Cloth, all Iron Wares, Tallow, Leather, Glass, and Glasses of all sorts, Venice Gold and Bilver, Train-Oyl, Salmons, Pilchards and Herrings, Hake, Conger and Haberdine, Hops, Wood, Butter, Cheese, Beer, Salt-petre, Gun-powder, Honey, Wax, Alabaster, and some other Stones, Wools, Woolfels, Yern, Yernsey, &c. and to conclude, many other good and rich Commodities is here found.
Beauty of England.The Beauty and Wealth of this Kingdom is demonstrated in 325 Rivers, 8 thereof being great and navigable for some Miles, whereon are found 857 Bridges, 30 Chases, 55 Forests, 745 Parks; here are also reckoned 26 Deanries, 60 Archdeaconries, 504 Dignities and Prebends, 5439 Parochial Benefices, besides Impropriations and Vicarages, and the whole divided into 6 Circuits for the Administration of Justice, into 22 Episcopal Dioceses for Ecclesiastical Discipline, and into 2 Archbishopricks under whom the rest are subordinate: and lastly, into 40 Shires, over each of which is yearly a Sheriff appointed, who is to assist the Itinerary Judges in executing Justice, and to gather in the King's Amercements: and these Shires are divided into Hundreds, and these Hundreds into Tithings; and to conclude, in England are found 145 Castles, 9527 Parishes besides Chappels, whereof 585 are Market Towns, and 22 Cities, the principal whereof are these, 1. Oxford, 2. Cambridge, both being Universities, 3. Exeter in Devonshire, 4. Norwich in Norfolk, 5. Bristol watered by Severn, accounted the second for Trade in this Country, 6. York, on the River Ure, accounted the second City for Beauty and Greatness in England; and lastly London, under which I will comprise the Trade of this whole Island.
CHAP. CCLXX. Of London, and the Trade thereof.
London, and the Trade thereof. LOndon, the Metropolis of England, the prime City of Trading this day in the World, is pleasantly seated on the River Thames, which divideth it into two parts, her Circuit may be 8 miles, wherein are found 122 Parish Churches, with the Palace of the King, the Houses of the Nobility, Colleges for the Study of the Laws, and divers other stately publick Edifices, and may contain 400000 People. Merchants of London.Here have their Residence, the rich and most eminent Merchants of this Island, whom divers Princes of this Kingdom have incorporated into several Societies and Companies, partly to encourage their Endeavours, and partly in reward of the Discoveries of those Countries and Regions, whereof they take their Name, and by the Power and Immunities granted them, do make Acts and Orders for the Benefit of Commerce in general, and of their Companies in particular. Merchants Adventurers, and their Original and places of Residence.The antientest of which Companies have had their Original and Continuance since Edward I. his Reign, called the Company of Merchant Adventurers, grounded at first upon the Exportations of Wool only, as the prime and Staple Commodity of this Kingdom; since which it is grounded upon Clothing, into which this Wool is now converted; for he, at the request and being in league with the Cities and Towns in Flanders, made Bruges, which was then the greatest Mart of Christendom, the Staple for his Wools, where it continued for 15 years, whenas by some Discontent with the Flemings, and by experience seeing what the Benefit of these Staples were, removed them from Bruges to England; and for the ease, as well of his Subjects in bringing their Wools into those parts, as of such forein Merchants as came to buy the same, he placed his Staples at Exon, Bristal, Winchester, Westminster, Chichester, Canterbury, Norwich, Lincoln, York and Newcastle, for the Kingdom of England; Carmarden for Wales; at Dublin, Waterford, Cork and Tredagh for Ireland; and enacted, That no English, Irish or Welchman, should transport this stapled Commodity, (no not by Licenses, if any such should be granted) on pain of Confiscation, during the King's Pleasure.
Lastly, he allured over hither divers Flemings, which taught our Nation the making of Cloth, who are now grown the best Cloth workers in the World; and to encourage them in that Art, in the 27 of his Reign, it was by Statute enacted to be Felony, to transport hence Wools unwrought. Now when England had thus for some time enjoy'd the Benefit of these Staples, he removed the same to Callais, which he had then conquered, and which he desired to inrich: From hence they were at several times and occasions removed, now to one, now to another Town in Belgium, and still happy was that Town, in what Country soever where the said Company keep a House for their Traffick and Residence, the Confluence of all People thither to buy, infinitely enriching it. Antwerp for a long time enjoy'd their Company, till upon some Discontents between Henry VII. and Maximilian Arch-Duke, they removed thence, but at their Return again they were received by the Antwerpians with the Solemn Processions, Princely Triumph, sumptuous Feasts, rare Banquetings, and Expressions of much Joy, and more Love: here they continued till the Surprisal and Sack of this Town by the Spaniards, Anno ( [...]) whence by reason of their Wrongs and hard Measure there received, they removed into two places, one to Middleburgh, the other to Stoad, afterward from Middleburgh to Delph, and from Delph now to Rotterdam, where they have lately seated themselves, with many Immunities granted them, and a Palace appointed them for their Residence; the other from Stoad, by some Vicissitude of Change, is now placed at Hamburgh, where also they have many Privileges, and the said Company being now inlarged, and all new Drapery comprised therein, they intend to implant more Factories in other places; and this is the most antient of all our Societies, which is observed to be governed beyond Seas, in the said places, by a Deputy and certain Assistants, and in England by a Governour, Deputy, and certain Assistants, Sir Thomas Moulson Kt. and Alderman, being the present Governour, to whose Worth and Government I ow this Acknowledgment, as being a Member of this so antient and worthy a Society.
Barbary Merchants, their Original and Ruine.The next to these are the Barbary Merchants, which had their Original in Henry VII's time, being indeed the Age wherein our Nation did begin, by Imitation of the Portugals and Spaniards, to discover new Regions: and this flourished and continued till the End of Queen Elizabeths Reign, wherein it fell, whenas Civil Wars were hot in Morocco and Fez, amongst the Pretenders to that Empire.
Levant Merchants and their Original.Out of whose Ashes about that time did rise the Levant Company or Turky Merchants, and by their Discoveries and Trade first made the Traffick into the Seigntory of Venice, and then to the Dominions of the Great Turk, including as then within their Privileges the East-Indies Navigation, which was then known to them only by Land, and to the Portugals by Sea, since [Page 295] East-India Merchants, and their Original.which the said Indies are raised to a great and eminent Company, and by themselves incorporated, imploying in a joint Stock a great Capitol, by which Trade and Stock they have built many warlike Ships, and brought all those Indian Commodities to our homes, which before were brought to us by other Nations; both which Companies now supply our Land, and by their second Transportation many other Countries with those rich Commodities, which Venetia, Tuuky, Arabia, Egypt, Persia, China and India yield, and is found governed in England by Sir Maurice Abbot Kt. and Alderman, and by Mr. Henry Garraway, Alderman; the former Governour of the East India Company, and the latter of the Turky Company, to which are joined certain Committees and Assistants, to whose Worth and Government I here ow this Acknowledgment, as being now both a Member, and intrusted with a particular Charge in both the said Companies.
Moscovia, Eastland, Greenland, French, and Spanish Merchants, and their OriginalsOther Countries and Companies, in the latter end of Queen Elizabeths Reign, and some in the beginning of King James's Reign have been discover'd, settled and continued; as to the Northward, the Moscovy Company, the Eastland Company, the Greenland Company, and of late days there is erected a Company for France, governed here by Sir James Cambel Kt. and Alderman, to whom also I ow this Acknowledgment as being a Member thereof; and now there is in agitation a Parent for a Company for Spain, of which also, when confirmed, I may intitle my self a Member.
These Companies then and Societies, besides others not at all incorporated, encouraged by sundry Privileges granted unto them, govern themselves by settled Acts and Orders, under certain chosen Governours, Deputies, and a select number of Assistants, which have been found to be so profitable to these Kingdoms by exporting the Native Commodities thereof by setting the Poor to work, by building of many brave Ships, and by importing of sundry Necessaries both for Use and Ornament, that the Benefit thereof cannot here be certainly expressed. But one particular in the Levant Merchants may in part demonstrate what great Benefit the rest do produce; for it was found, That in our last Voyage to Cales and to the Isle of Rhee, they were the Owners of 20 great Sail of Ships that served in both those Voyages, and it is probable that they are Owners of 30 Sail more, which one with the other may contain 12 or 13000 Tuns of Burthen, and which may have for further Defence 1200 pieces of Ordnance at the least, and imploy about 4 or 5000 Sailors yearly, besides Porters, Weighers, Bargemen, Lightermen, Carmen, which cannot be less than 2 or 3000 Persons more; and they are found, if Report may gain credit, to pay his Majesty by way of Customs and Imposts 50000 l. yearly, partly outwards by their Exportation of Cloth, Tin and other Commodities; partly inwards by the Importation of Silks, Cottons, Galls, Grograms, Spices, Drugs, Currants, and other Levantine Commodities. This being then briefly to shew the Benefit of a well governed Trade, and the Profits arising thereby to the Common-wealth, I leave it to others to consider the general Good accruing to this Island, by all the rest of the said Companies and Societies of this Kingdom, and come in the next place, according to my Method, to handle the other principal Parts of Traffick comprised in this City, and generally of all this Kingdom.
The Coins of this City and Kingdom are partly of Gold and partly of Silver, as in other Countries; the principal in use are these,
Coins current in England of Silver.The Silver currant Coins are
Pieces of | 5 s. sterl. Crown. |
Pieces of | 2 s. 6 d. |
Pieces of | 12 d. Shilling. |
Pieces of | 6 d. 4 d. 3 d. 2 d. 1 d. sterl. |
Which are accounted 4 farthings to a peny sterl. 12 pence to a shilling, 5 shillings to a crown, 4 crowns or 20 shillings to a pound sterling.
Of Gold.The Gold current Coins are
Pieces of | 22 s. sterl. |
Pieces of | 11 s. |
Pieces of | 5 s. 6 d. |
Pieces of | 2 s. 9 d. the ⅛ of 22 s. |
Also
Pieces of | 20 s. |
Pieces of | 10 s. |
Pieces of | 5 s. |
Pieces of | 2 s. 6 d. the ⅛ of 20 s. |
Accounted also in former Accounts of pounds, shillings and pence sterling, the Goodness and Fineness, and intrinsick Value may be more particularly known by a Proclamation An. 1609. published by our deceased Sovereign King James, to which I refer the Reader, or otherwise to a Table inserted in the end of this Chapter, of the Equality and Valuation thereof with the Coins of sundry other Countries.
[Page 296] Accounts in England.Their Accounts are kept throughout England by pounds, shillings and pence sterling, accounting 12 pence to the shilling, and 20 shillings to the pound; but the Accounts of the Revenues of the Kingdom have been, and yet are in some Offices kept in marks, containing 13 shillings 4 pence per mark.
CHAP. CCLXXI. Of Weights used in England.
Weights in England.THE Weights commonly used throughout England are two, the Troy-weight, and the Averdupois-weight.
Troy Weight.The Troy pound consists of 12 [...]ounces, the ounce of 20 peny-weights, the penny-weight of 24 grains, and serveth only for Bread, Gold, Silver and Electuaries, 8 l. accounted to the gall [...], and by consequence 16 l. to the peck, 32 l. to the half-bushel, and 64 to the bushel, and hereby Weight and Measure are reduced one into another.
Weight with Measure. Wet Measures are also derived from this pound Troy, both on Land and Shipboard, as also Corn and Grain, as above is specified; for first this pound of 12 ounces, made into a concave Measure is named a pint, 8 of the said pints or 8 l. make a gallon of either Wine, Ale, Beer or Corn, according to the Standard of the Exchequer, and the Acts of Parliament of 11 and 12 of Henry VII.
Assize.From hence is also drawn the Assize-Measure of all vendible Cask, each hogshead to contain 63 gallons, every terce 84, every pipe 126, and every tun 252 gallons.
From hence also the Measure for Fish, the Salmon-butt is to be 84 gallons, the Barrel 42 gallons, the Herring-barrel to be 32 gallons, the Eel-barrel to be 42 gallons, the Soap-barrel to be 32½ gallons, and the Firkin of these to be accordingly.
Averdupois.The second Weight is the Averdupois-pound, which consisteth of 16 ounces, which are lesser than the former; for these 16 ounces make but 14½ ounces, and 2 peny weight of Troy, used in the Mint, where 136 l. Averdupois suttle is but 100 suttle Troy.
By the Averdupois-weight are all Commodities weighed, which bear the name of Garble, and whereof issueth a Garble or Waste; also Butter, Cheese, Tallow, Wax, and other Commodities, and 7 l. of this Weight is accounted to the gallon of Wheat, as is 14 l. the peck, 28 l. the half- [...]ashel, and 56 l. to the bushel.
Troy & Averdupois compared for the Weight of Bread.The 7 l. Averdupois is 102 ounces Troy, according to which rate the quarter of Wheat must weigh 448 l. Averdupois, and so 14 l. Averdupois and 16 l. 11 ounces Troy do accord in one, or 56 l. Averdupois and 67 l. 8 ounces Troy: and note, That as 1 peny sterling is the [...]/2 [...] part of an ounce Troy, so thereby is found that 7 l. 12 s. sterling, is 84½ and 2 peny-weight Troy, and 6 l. 18 s. sterling, is 82¾ ounces and 1 peny Troy, from which 2 Assizes the White, Wheaten and Houshold Breads are calculated and drawn.
Cheese weight.From the Averdupois-weight is also drawn the true Weight of Cheese and Butter called the weigh, which is 112 l. Averdupois to the hundred, and the 2 hundred is 224 l. containing 32 cloves, and every clove is 7 l. the weigh of Suffolk Cheese being 256 l. and the weigh of Essex Cheese 336 l. Averdupois.
Wool weight.The Sack of Wool, formerly so famoused by the Staplers, did weigh 364 l. Averdupois; 2 waigh of Wool make a sack, and 12 sacks make a last.
Herrings measure.The Last of Herrings containeth 10 thousand, and every thousand contains 10 hundred, and every hundred six score or 120.
Lead weight. Lead is sold by the foder, the Load being 175 l. and the foder maketh accordingly 19½ hundred of 112 l. per cent.
Three Quintars used in England.It is also to be noted, that of this pound of 16 ounces Averdupois, are made in England 3 several Quintars, for weighing of sundry sorts of Merchandize.
First 100 l.The first is an hundred of five score, or 10 l. just, and this is called the 100 suttle, by which are sold Spices, Drugs, and other fine Commodities, which are accounted by the pound, and to which is added by Seller an allowance of 4 l. upon 104 l. taken from the Overplus received from Antwerp weights in times past in Spices, as I have said elsewhere, and called by the name of Tret, yet by some alleged to be an allowance in garbled Commodities.
Second 112 l.The second is an hundred of five score and twelve, 112 l. the half hundred being 56 l. the quarter 28 l. &c. to which all the aforesaid Weight is adjusted, and by which all Commodities are weighed, and all fine Commodities afterward reduced to the suttle hundred, and by this are sold all gross Goods, Grocery, Saltery, &c.
Third 120 l.The third is an hundred of six score of the said Averdupois pounds, by which Tin is weighed to his Majesty's Farmers, and some few other Commodities, and is called the Stannery hundred. This pound Averdupois hath, in it self, a Division of 16 ounces, and thereof are formed [Page 297]other weights, as sometimes a Stone of 8 l. 7 l. 10 l. 14 l. 16 l. 20 l. sometimes a Tod of 7 l. 8 l. 10 l. sometimes a Clove of 20 l. 28 l. 32 l. and such like, which is still found to be made out of this pound of Averdupois of 16 ounces, and every ounce of 8 drams, and every dram 60 grains. Raw Silk of Persia or Tuckey is also sold by this pound, but then it is accounted a pound of 24 ounces, or a pound and a half of the abovesaid; all which is requisite his learning, that is either to buy or sell in England, that he may know not only the true weight of this Commodity, but also the denomination thereof, and how many pound or ounces is contained therein.
Having now shewed the distinction of the Troy and Averdupois weight, and how they agree together, and having calculated most of the Weights of this Book to the hundred suttle, I will also shew here how the 112 l. is found to respound with some other Countries, as being the weight common in use amongst Merchants, and in notes of Commodities observed abroad.
The 112 l. London | Marselia | 125 | l. |
Venetia suttle | 164 | l. | |
Venetia gross | 104 | l. | |
Sicilia | 62 | l. | |
Lisbon | 100 | l. | |
Florence | 143 | l. | |
Anvers | 106 | l. | |
Lions | 118 | l. | |
Sevil | 110 | l. | |
Dantzick | 129 | l. | |
Bruges | 112 | l. |
The 112 l. London | Aleppo | 22⅛ | Rot. |
Aleppo Silk | 24 | Rot. | |
Tripoli Suria | 27½ | Rot. | |
Tripoli Barbaria | 97 | Rot. | |
Alexandria Zata | 519 | Rot. | |
Alexandria Forfar | 116 | Rot. | |
Scio and Constantinople | 101 | Rot. | |
Rhodes | 20. 4 | Rot. | |
Acria | 18. 1 | Rot. | |
Babylonia | 15. 6 | M. | |
Balsola | |||
Ormus | 108. 7 | l. |
I need not further inlarge my self herein, by reason of the many Tables found in this Book, whereby the said weight of 112 l. may easily be reduced to any eminent place of the World; and forasmuch as our English Gold and Silver is weighed and valued by the pound Troy, I shall here following insert how the same concurs and agrees with most of the eminent Cities in the World, in their Coins both of Silver and Gold.
Troy weight for Gold and Silver compared with other Countries.It is observed then in most Countries abroad as with us in England, that Gold and Silver is coined and minted by a peculiar weight only proper thereunto, which in many great Cities and Countries of Trade I have purposely omitted, that I might both facilitate this my labour, and in one place reduce them together to the Pound Troy used, especially to that purpose in England; therefore if I prove here somewhat the larger, it is but what the seriousness and due circumstances of the matter requireth.
The Weight then used in this case in England is the pound Troy, and that which is in use in most other Countries is the Mark, which as well as I can I will here abbreviate: now this pound Troy consisting of 12 ounces, and the ounce of 20 peny weights, and the peny weight of 24 grains, the 100 l. of these abovesaid pounds being used for the Standard of Gold and Silver in this Kingdom, hath been observed to make in
Antwerp | 112 | Marks |
|
Alder | 86 | l. | |
Caire | 105⅓ | Besses. | |
Ancona | 116 | Marks. | |
[Page 298] Aquila | 79½ | l. | |
Ausburg | 118 | marks. | |
Bavaria | 116 | marks. | |
Bohemia | 99 | marks. | |
Catalonia | 112½ | marks. | |
Colen | 118 | marks. | |
Constantinople | 99 | marks. | |
Crema | 116 | marks. |
|
Dantzick | 118½ | marks. | |
Florence | 158½ | marks. | |
Frankford | 118 | marks. | |
Friburg | 116 | marks. | |
Genoa for Gold | 130 | marks. |
|
Genoa for Silver | 86½ | pounds. |
|
Hungary | 99 | marks. | |
Lipsick | 118 | marks. | |
Lions | 126 | marks. |
|
Paris idem | 126 | marks. | |
Millan | 118 | marks. | |
Narsigna | 97 | marks. | |
Naples | 86½ | pounds. |
|
Persia | 98 | Mains. | |
Peris | 99½ | Cillats. | |
Piemont | 111 | marks. | |
Mosen | 118 | marks. |
|
Saxony idem | 118 | marks. | |
Burgas | 120 | marks. | |
Franconia | 116 | marks. | |
Norimberg | 116 | marks. |
|
Turkey | 98 | marks. | |
Turin | 111 | marks. | |
Vicentia | 116 | marks. | |
Vienna | 98 | marks. | |
New Spain, America, | 98½ | marks. | |
Spain in general | 121 | marks. |
|
Treviso | 117 | marks. | |
Ulme | 116 | marks. | |
Weselburg | 115 | ||
Venice | 116½ | marks. |
|
Verona | |||
Rome | 116½ | marks. |
|
[Page 299] Lisbon | 121 | Mark |
|
These are all the Standards of the Coins both of Gold and Silver that I have met withal, and the particulars whereto the said Weights are distinguished, which may be so far needful to the Traffick of Countries, that thereby every Merchant Stranger may know of what goodness and real value those Coins are stamped and coined for, and what the same will yield and afford him in his own City or place of residence.
Weights used in Physick, and their parts.Upon this Troy-weight doth also depend in Physick all Drugs and Simples administred by way of Potions, which according to the custom practised amongst Physicians, is thus distinguished into parts.
- One Sesquilibra is 1½ pound, or 18 ounces.
- One pound is 2 Selibra, or 12 ounces.
- One Selibra is 2 Quadrans, or 6 ounces.
- One Quadran is a ¼ of a l. or 3 ounces.
- One Sescuntia is 1½ ounce, or 12 drams.
- One ounce is 8 drams.
- One dram is 3 scruples, or 60 grains.
- One scruple is 20 grains.
- One Obolus is ⅛ of a scruple or, 10 grains.
The reduction of some foreign current Coins to the Engl. sterling.Now according to this agreement of the weights of Silver and Gold, I will here reduce the ralue of some foreign Coins to the English sterling.
The Crown of Camera of Rome is sterling | 00 l. | 07 s. | 0 d. |
The Sols of Genoa is sterling | 00 | 01 | 6. |
The Ducate of Venice of 6 l. 4 Sols is sterling | 04 | 6. | |
The Ducate of Naples is sterling | 04 | 9. | |
The Crown of Gold of Florence is sterling | 06 | 0 | |
The 20 Sols of Millan is sterling | 01 | 0. | |
The Carlin of Cicilia is sterling | 00 | 3. | |
The Sol of gross of Antwerp is sterling | 00 | 7¼. | |
The Lire of Valentia, Barselona, and Saragosa is | 05 | 6. | |
The Lire or Frank of France is sterling | 02 | 0. | |
The Florin of Turin and Savoy is sterling | 00 | 3⅜. | |
The 34 Marvedes or single Royal of Spain is sterling | 06 | 0. | |
The 40 Res of Lisbon in Portugal is sterling | 00 | 6. | |
The Lire of Bollonia is sterling | 01 | 3½. | |
The Crown of Lucca is sterling | 05 | 9. | |
The Florin of Noremberg and Frankford sterling | 3 | 4. | |
The Chequin of Turkey is sterling | 7 | 10. |
Where note, That in Europe the Exchange ever maketh the accounted value of their Goins with us, which are seen sometimes to differ much from the abovesaid Rules, yet according to the estimation of our English Mint, this carrieth a near concordancy, and therefore I have the rather thought fit to insert it in this place.
Pounds foreig. to Pounds English reduced.I have in many places of this Book shewed how the 100 l. suttle doth agree with Lonlon; and in the leaf aforegoing, shewed how the 112 l. doth also respond with some of them: Now I will shew by a new invented Table out of the Works of Mr. Hunt the Arith [...]etician, a method reducing the pounds of foreign Counties to the pound of London, which I find thus. [Page 300]
M | D | |
Ancona | 13 | 10 |
Antwerp | 24 | 25 |
Archipelago | 497 | 448 |
Acquilla | 143 | 100 |
Avignon | 11 | 10 |
Ausburg | 19 | 20 |
Barselona | 9 | 10 |
Besenson | 91 | 100 |
Bruges | 1 | 1 |
Burgois | 23 | 25 |
Calice | 24 | 25 |
Castile | 51 | 50 |
Cicilia | 37 | 25 |
Colen | 19 | 20 |
Corfu | 497 | 448 |
Dantzick | 29 | 24 |
Diep | 359 | 400 |
Ferrara | 133 | 100 |
Florence | 131 | 100 |
Frankford | 396 | 446 |
Genoa | 141 | 100 |
Geneva | 81 | 100 |
Lipsich | 99 | 100 |
London Troy | 29 | 24 |
London Averd. | 127 | 120 |
Lubeck | 389½ | 448 |
Lions | 21 | 20 |
Lisbon | 83 | 100 |
Marselia | 497 | 448 |
Naples | 71 | 50 |
Norimberg | 396 | 448 |
Paris | 19 | 20 |
Padua | 33 | 25 |
Parma | 34 | 25 |
Preslau | 538½ | 448 |
Rochel | 81 | 100 |
Roan | 127 | 100 |
Sicilia | 250¼ | 448 |
Sevil | 439 | 448 |
Tholousa | 491 | 448 |
Venice gross | 423 | 448 |
Venice suttle | 151 | 100 |
Vienna | 256 | 448 |
For the understanding of this Table, note, That one pound of London is in Ancona 13/30 of a pound, and so in the rest 13/10 is 1 and 3/10 first then against the names of the places are two numbers; as against Avignon, you have 11 for to multiply, and 10 for Diviser, or 11 for Numerator, and 10 for Denominator: multiply then pounds of Avignon by 11, and divide it by 10, and they are pounds of London; so do for the other places, as the Table directs.
CHAP. CCLXII. Of Measures used in England.
Measures in England.HAving now done with the Weights of England, whereby all Merchandise of Weight is weighed, I come now to those Measures that are in use through the Kingdom of England, which are three; 1. A Yard.the first is the Yard, the common measure of all woollen Cloth, Stuffs, Silks, and such like, which is composed of three foot, every foot being 12 inches, and every inch 3 B [...]ly corns; so that the Yard doth contain 36 inches, and there is in the measure of all Commodities given in measure an Inch, which doth make the Yard to be 37 Inches, when compoted with the measure of other Countries.
2. An Ell.The second is an Ell, wherewith all Linens are measured, and it containeth 44⅔ inches, or 45 inches by the Rule, and herewith is allowed an inch, for measure by the custom of the Country.
3. A Goad.The third is a Goad, only used in Welch Frizes, Frizadoes, and the like, being the ancient measure of Wales, and as some imagine, of England, before the setling of the Yard-wand, and by the Inch-Rule is found to be (55 inches) at this time.
The coursesies of Londoners.In London there is found a custom both in weighing and measuring of some Commodities not found or practised in any other place, and called beyond Seas, the Courtesies of London; Tret.the which is first in Commodities weighed by 4 in 104 l. allowed and called Tret, which I have noted before; Closse.next by 2 l. allowed upon every Draught and Commodity, which exceedeth 336 l. or three hundred Gross, called Cloffe; Shaftner.and lastly in the measure of Broad-Cloth by retail in Drapers Shops, allowing to the Buyer a Shaftner upon each yard, in lieu of the inch before specified, which is as much as is in length at the yards end, from the bottom of the wrist to the end of the thumb, which commonly may be about 5 in 6 inches in length, according to the dimension of the hand. I have already shewed what agreement some of these measures, especially the yard hath with the measures of length of many other places: it is requisite I shou'd also here shew how our English Ell is found to respond with other Countries, which I find to be by tho observations of some ingenious Persons thus. [Page 301]
Measures of
London compared.
Antwerp |
166⅔ | Ells. |
Franckfort | 208⅔ | Ells. |
Dantzick | 138⅓ | Ells. |
Vienna | 145 | Ells. |
Lions | 101⅔ | Aln. |
Paris | 95 | Aln. |
Roan | 103 | Aln. |
Lisbon | 100 | Vares. |
Sevil | 135 | Vares. |
Madera Isles | 103 2/7 | Braces. |
Venice Linnen | 180 | Braces. |
Venice Silk | 196 | Braces. |
Lucques | 200 | Braces. |
Florence | 204 | Braces. |
Millan | 230 | Braces. |
Genoa | 480⅚ | Pal. |
Bruges | 164 | Ells. |
Arras | 165 | Ells. |
Callice | 157 | Alns. |
Norimberg | 174 | Ells. |
Rome | 56 | Canes. |
Colen | 208 | Ells. |
Lisle | 166 | Ells. |
Mastricht | 157 | Ells. |
How true these Observations are, I must refer to trial by experience; and forasmuch as I would not omit any material collection that might add to the perfection of this knowledg, which doth oftentimes so much concern Merchants in their Negotiations; I have here also insetted M. Hunt's Table of respondency of other Countries, measures of length to the abovesaid English Ell and Yard.
Measures foreign to English measure reduced.
M | D | |
Antwerp | 3 | 5 |
Arras | 23 | 35 |
Bruges short | 25 | 41 |
Castile | 20 | 27 |
Calice | 150 | 157 |
Colen | 25 | 52 |
Franckfort | 25 | 52 |
Flemish Ells | 6 | 10 |
French Alns | 6 | 5 |
Florence | 25 | 47 |
Gant long | 50 | 77 |
Gant short | 25 | 41 |
Genoa | 150 | 721 |
Lions | 1 | |
London yard | 4 | 5 |
Lisbon and Lisle | 50 | 83 |
Lucca | 5 | 8 |
Malins | 3 | 5 |
Mastricht | 100 | 173 |
Madera | 25 | 26 |
Millan | 50 | 57 |
Norimberg | 100 | 137 |
Paris | 19 | 20 |
Roan | 100 | 103 |
Rome | 14 | 25 |
Sevil | 20 | 27 |
Venice long | 5 | 9 |
Venice short | 25 | 49 |
Vienna | 20 | 29 |
Vincentia | 100 | 133 |
Use of the former Table threefold.The use of the former Table is threefold, first, to know what proportion one of our London Ells will bear unto any of the measures of the aforesaid places, which is thus performed: Look the place in the Table posito Florence, against it you shall find these two numbers, 25. under the title of M. which signifieth Multiplicate, and 47 under the title of D. which signifieth Diviser; divide then the greater by the lesser, viz. 47 by 25. the Quotient is 1, and 22 is the remainder, which is Numerator to 25. making the Fraction [...], so that our Ell at London is at Florence 1 of their measures, 22/25 parts thereof, and so in the rest.
2. Use.Secondly, it reduceth foreign measures to the London Ell thus; Posito the Question were, How many Ells are there in 387 of the measures of Dantzick? then look Dantzick, against which you shall find two numbers, the first is 20 your Multiplicate, the second 27 your Divisor, the order of the Question then is thus, [Page 302] [...]
Further note ⅔ of 20 Nails of a Yard. [...]
3 Use.Thirdly and lastly, it reduceth Ells of London to any of the aforesaid foreign Measures, posito in 597 Ells of London, how many Lucca Braces do they contain? To do this, look Lucca in the Table, and right against it you have the two numbers of 5 and 8: and note by the way, That in questions of this nature, that you multiply by the second number under D. and divide by the first under M. multiply therefore 597 by 8, and divide by 5, and the Quotient is 955⅓ of the Braces or measures of Lucca. And this shall suffice concerning measures of length, the truth of which Tables I refer to the Inquisition of the Curious.
There is also in use in England divers Measures for several distinct Commodities, which orderly I will here observe.
Measures of Land in use.First, a Measure whereby land is measured, and this hath some correspondence with all things that are measured by a square proportion in bredth and length, and this done also by the afore-mentioned Yard, which beginning from the least part, and is thus reckoned.
Grains 3 | is an Inch. |
Inches 12 | a Foot. |
Foot 3 | a Yard. |
Feet 3, Inches 9 | an Ell. |
Yards 5½ is | a Perch. |
Perch 1 in breadth | a Farthingdole. |
Perch 1 in breadth | |
Farthingdole 2 | is half an Acre. |
Farthingdole 4 | is an Acre. |
Of Furs.
Sables | 40 skins the Timber |
Martins | |
Minks | |
Jenits | |
Filches | |
Greys | |
Cony | 100 the Hundred. |
Kid | |
Lamb | |
Budge | |
Cat |
One Acre contains | Half Acre | 2 |
Roods | 4 | |
Rods or Land-yard Perches, | 160 | |
Square Yards | 4804 | |
Square Foot | 43560 |
One Mile contains | Rod | 40 |
Furlongs | 8 | |
Perches | 320 | |
Paces | 1056 | |
Ells | 1408 | |
Yards | 1760 | |
Feet | 5280 | |
Inches | 63360 |
So that hereby it may be discerned, that a foot being Inches every way, as 12 in length, [Page 303]and 12 in breadth, making 12 times 12, is 144 inches; and so in the yard, which is [...] foot in breadth, and 3 foot in length, which is 9 foot, is 1286 inches, Board, Glass, Hangings, &c.and thus is Board, Glass, Pavement, Hangings, Wainscot, and the like commodities measured in England.
Dry measures of Grain.Next, let us observe dry Measures in themselves; for so far forth as they concur with Weight I have noted before, dry measure is principally for Grains
Gallons. | Pottl. | Quarts | Pints. | |
The Gallon is found to be by the Statute of England | 1 | or 2 | or 4 | or 8 |
A Peck is | 2 | or 4 | or 8 | or 16 |
Half a Bushel is | 4 | or 8 | or 16 | or 32 |
A Bushel is | 8 | or 16 | or 32 | or 46 |
A Strike is | 16 | or 32 | or 64 | or 128 |
A Cornock is | 32 | or 64 | or 28 | or 256 |
A Quarter is | 64 | 128 | or 256 | or 512 |
A Wey is | 384 | 768 | 1530 | 3072 |
A Last is | 640 | 1280 | 2560 | 5128 |
It is here to be noted, That several Commodities are measured by a several different measure: as for Example, Corn is measured by the Quarter, which contains 8 Bushels, as above is mentioned, five Quarters making a Tun lading, and 10 Quarters to a Last, but yet 10¼ or 10½ goes for a Last of Holland; so also in Salt, which is sold by the weight, which is 40 Bushels water measure of ten Gallons; yet note, That in Plimouth, and in some other Sea Ports of England, they measure by a Bushel alien measure, whereof 24 makes a Tun, and 8 doth make a Quarter; so three Quarters make one Tun, and every Bushel is 18 Gallons, so that a Tun of Salt at Plimouth, is greater than a Weigh of London by 32 Gallons. And note, That as in Salt, so also in Corn, they have 2 measures, the Water-measure, large for Shipboard, and the Land for Shop-measure, the difference in some places, as from 6 to 7, also from 3 to 4, which is to be observed.
Liquid Measures in England.The next measure observable is liquid measures, which in England are found to vary much, and to be of divers kinds, both in the quantity it self, and in the commodity or liquor, which I will here for method sake collect together thus.
Gallons. | Potles. | Quart. | Pints. | |||||
Of Ale. | Ale the Firkin ought to be | 8 | or | 16 | or | 32 | or | 64 |
Kilderkin of Ale ought to be | 16 | 32 | 64 | 128 | ||||
Barrel of Ale ought to be | 32 | 64 | 128 | 256 | ||||
Of Beer. | Beer the Firkin ought to be | 9 | or | 18 | or | 36 | or | 72 |
Kilderkin of Beer | 18 | 36 | 72 | 144 | ||||
Barrel of Beer | 36 | 72 | 144 | 288 | ||||
Of Wine. | Kilderkin of Wine ought to be | 18 | or | 36 | or | 72 | or | 144 |
Barrel of Wine to be | 31 | 62 | 124 | 248 | ||||
Hogshead of Wine to be | 63 | 126 | 252 | 504 | ||||
A Tertian of Wine | 84 | 168 | 336 | 672 | ||||
Butt or Pipe of Wine | 126 | 252 | 504 | 1008 | ||||
Tun of Wine | 252 | 504 | 1008 | 2016 | ||||
Of Soap. | A Firkin of Soap ought to be | 8 | or | 16 | or | 32 | or | 64 |
A Kilderkin to be | 16 | 32 | 64 | 128 | ||||
A Barrel to be | 32 | 64 | 128 | 256 | ||||
Of Eels and Salmon. | A Firkin of Salmon and Eels to be | 10½ | 21 | 42 | 84 | |||
A Barrel ought to be | 42 | 84 | 168 | 236 | ||||
A Butt ought to be | 84 | 168 | 236 | 572 | ||||
Of Oyl. | A Tun of Oyl and Hony ought to be | 252 | 504 | 1008 | 2016 | |||
A Pipe of Oyls to be | 126 | 252 | 504 | 1008 | ||||
A Hogshead to be | 63 | 126 | 252 | 504 | ||||
A Rundlet to be | 18½ | 37 | 74 | 148 |
But note, That the custom of London sometimes is found to disagree with the Statute in the measures of some Commodities, as in Oyls it is observed, that 236 Gallons, which by Merchants is called the Civil Gauge, is sold ordinarily for a Tun, and not 252 Gallons, as above is montioned.
[Page 304] A declaration of the Standard for cloth-making, made in the fourth year of Ring James.Now forasmuch as Cloth, Tin, Lead, and some other Commodities, are the Staple of the Trade of England, and that divers good Laws have been enacted for preservation of the said Commodities in their true nature: It will not be unproper that I mention here some heads of such Orders as have been made, and principally for the true making of Cloth, being the prime of the native Commodities of England. Sack of Wool.The Sack of Wooll then, of which our English Cloth is made, doth contain, as I said before, 364 l. the Tod of Wool is 28 l. 13 Tods making a Sack, every Tod being 4 Nails, and every Nail being 7 l. This Sack of Wool is accounted to make 4 Standard Cloths of clean Wool, called sorting Cloths, weighing 60 l. the Cloth, and being 24 yards long of 6½ quarters broad. Now in the Weight it is to be observed, that the Cloths be well scoured, thicked, milled, and fully dryed: and in the measure that the same be measured by the Yard and Inch, within the lift, concerning the bredth, all which I will for the benefit of Cloth traders insert this following collection.
Breadth, weights, and measures of English cloths.
Breadth. | Weight. | Measures. | ||||
Kent, York, and Reading cloths of | 6½ | quar. | 86 | l. | 30 & 34 | yards. |
Suffolk, Norfolk, and Essex cloths of | 7 | quar. | 80 | l. | 29 & 32 | yards. |
Worcester, Coventry, and Hereford cloths of | 6½ | quar. | 78 | l. | 30 & 33 | yards. |
Wiltshire, Gloucester, Oxon, Somerset of | 7 | quar. | 76 | l. | 29 & 32 | yards. |
Suffolk sorting cloths | 6½ | quar. | 64 | l. | 23 & 26 | yards. |
All sorting cloths of divers Shires of | 6½ | quar. | 60 | l. | 24 & 26 | yards. |
Broad-cloth, Taunton, Bridgwater, and Dunst. | 7 | quar. | 30 | l. | 12 & 13 | yards. |
Broad and narrow of Yorkshire of | 4 | quar. | 30 | l. | 24 & 25. | |
Devonshire Kersies and Dossens of | 4 | quar. | 13 | l. | 12 & 13. | |
Check, Kersies, strait and plain Grays | 4 | quar. | 24 | l. | 17 & 18. | |
Ordinary Penistens or Forests | 5½ | quar. | 28 | l. | 12 & 13. | |
Sorting Penistons of | 6½ | quar. | 35 | l. | 13 & 14. | |
Washers of Lancashire, and others | 17 | l. | 17 & 18. |
Tin in England.See further the said Statute for the manner of making of all the said woollen Cloths, and orders for Workmen, with the viewing, searching, and all other needful circumstances there and thereunto belonging, for further direction whereto I refer you. As for Tin, which is also one of the Staple Commodities of this Kingdom, many good orders are enacted for the true casting and assay thereof, and is accounted as the Princes peculiar Commodities, farmed to certain Merchants, who have the sole preemption thereof, and thereto belongeth a peculiar weight, called the Stannery weight, the hundred thereof making 120 l. suttle Averdupois, as I said before. Lead in England. Lead is also one of the Staples of this Island, known throughout all the parts of the World, and is in England sold likewise by a particular weight called the Foder, which is 19½ hundred of 112 l. to the hundred, and making suttle pounds 2184 l. For other the Staple Commodities of England, I need not further insist, referring the same to the search of the Inquisitor at his own leisure.
I have already noted, that sundry Commodities are in England weighed and measured by sundry and distinct Weights and Measures, the principal thereof being of Silver and Gold. I have already shewed the Standard of our English Coins, and shewed how the same agreeth with other places, then of Salt, Wine, and Corn, which in the next place I mean here to shew, and withal demonstrate how the same holdeth correspondency with other Countries, which in the most Cities I have omitted as purposely intended here to be inserted by it self, as reducing all others to the City of London.
Corn measure, with other Countries. Corn then, as the most necessary Commodity, is sold, as I have shewed before in England, by the Quarter, accounting 5 Quarters for one Tun lading ordinarily, though otherwise 10¼ Quarters is a Last of Corn, and this Last then of Corn doth make,
In Embden 55 Werpes, whereof 61 made a Last there, or 15½ Barrels of 4 Werpes.
In Hamburg 83 Schepels, whereof 90 make a Last there.
In Lubeck 85 Schepels, whereof 96 make a Last.
In Dantzick 56 Schepels, whereof 60 there make a Last, the 4 Schepels make one Muid, which is the the Skip-pound of 340 l.
In Fameran 78 Schepels, whereof 96 to the Last.
In Haleger haven in Denmark 80 Schepeli, 96 to the Last.
In Copenhagen 23 small Barrels, whereof 16 to the Last.
In Ebbetroffe Danick 23 Barrels, whereof 36 to the Last.
In Nelbogge 23 Barrels, whereof 42 to the Last.
In Sweden 23 Barrels.
In Conixburg 6/7 of a Last, the 6 Last are 7 at Amsterdam.
In Millan 17/21 of a Last.
[Page 305]In Statin in Pomerland, 6/7 of a last.
In Riga 42 loops.
In Antwerp 37½ vertules.
In Bruxels 10½ mudden, and differ in all places in Brabant.
In Gant 4 muds, 7 halsters of 12 to 1 mud is 55 halsters.
In Bruges 7½ hoots.
In Bunkirk 18 raisere water measure.
In Middleburg 40 sacks is 41½ to the last in all Holland.
In Dort 28 sacks.
In Rotterdam and Delf, 87 achtelings.
In Schoon haven 88 achtelings.
In Erchusen, Horn, Medenblick, 42 sacks.
In Groeningen 33 muds.
In Tenel 58 loops.
In Calais 18 rasiers.
In Rouers 20 to 30 mines, every mine is 4 bushels.
In Rachel 128 bushels, 4 to every sestier.
In Bourdeaux 38 boiseaux, whereof 33 to the last.
In Sevil 54 hanegas, a last is 4 cahis of 12 haneg as.
In Lisbon 225 alquieres, whereof 240 to the last, or 4 moyos of 60 alquiers to the moyo, and so in all the Islands of Portugal.
In Venice 32 stares.
In Genoua 23½ minas.
In Sicilia 38 medinos of 6 moyos.
In Paglia 32 cara 36 timans.
In Cyprus 40 medinos of 2 cipros.
In Amsterdam a last, and it is observable here, that Corn is found so far to differ in Goodness that the Measure of this place will weigh of East-land wheat 156 l. of French wheat 180 l. of Suilia wheat 224 l. and of Africa 236 l. and this last of Amsterdam is 27 moyos or muddens, each mudden is 4 schepels, or every last is 29 sacks, and each sack 3 achtelings, so that a last may be said to be 108 schepels or 87 achtelings.
Measures of Salt compared with other places.Now for as much as Salt is not a native Commodity of our Country, we must borrow the Original of the Measure thereof from those places which produce the greatest quantity, or from those Cities which hold the principal Staple thereof. It will be necessary then we bring it to tho great hundred of Zealand, which is accounted for 4 small hundred, and because it is best known in all places, they measure their Salt with barrels, 18 barrels to a last, and 7 last to the b [...]drea, which is 126 barrels.
In Armuyden in Zealand they reckon 8 [...] weighs for one hundred: every weigh is 11½ sacks, every sack 4 measures, and 15 weighs of Browage Salt make the great hundred. The sack of Salt of Armuyden, being 122 small barrels, for the 122 sacks shall be my Computation, and it maketh
In [...]rew [...]ge 4/7 parts of one hundred of 28 moyos, and 12 sacks to the Moyo; also by charges or loads, ten loads to the hundred, and 48 moyos or moys to the last of 21 barrels.
In Lisbon 25 moyos.
In S [...] Mary Port 28 moyos.
In Saintubal 20 cays.
In Calis 22 cays.
In Saintlucar 21 cays.
In Gant 108 sacks or barrels.
In Antwerp 144 vertels of 24 to the last, and 6 last to the hundred, and the white Salt is measured with a lesser measure of 12 upon 100.
In Dunkirk 92 water measures, or 104 land measures.
In Ostend 98 measures.
In Damme and Axiels 102 measures.
In Bruges 104 measures.
In Ypres 144 measures.
In Rotterdam 100, whereof 6 make 1 mud of 18 to the 100.
In Amsterdam, Utrecht, Druenter, 102 schepels.
In Calais 130 barrels, 19 to the last, but 20 by Fraighting.
In Rouen and almost all France 6½ muys.
In Hamburgh 7 lasts, whereof 80 barrels make 100.
In Denmark 6 [...] lasts.
[Page 306] In Sweden 111 tuns or barrels, 16 to the last.
In Emden 100 barrels 14 to the last.
In Lubeck, 7 lasts of 18 barrels.
In London 7½ lasts of 18 herring-barrels, but by weight 11½.
In Venice and Prian 70 mose.
Measures of Sea-coal compared with [...]other places. Pit-coal is a Commodity peculiar and native, and is sold by the Chalder, which must be taken from the Measure of Newcastle, where the greatest quantity of Coals is found, and they measure there by the Chalder filled up, whereof 7½ chalders make a last, and is measured in giving 21 for 20. the Correspondence thereof is;
The last of Newcastle of 7½ chalders is in | London and Yarmouth 10 chalers. |
Rouen 100 barrels giving 104 for 100. | |
Bruges and Ostend 100 measures for Oats. | |
Dort 12 hort, also by weighs of 144 l. of 24 stone, of 6 l. | |
Gaunt 144 sacks, or 24 muds. | |
Alst 200 muds. | |
Antwerp 175 Vertils, | |
Condet 44 muys, 80 make a cherk. | |
Zealand 68 herring-barrels. | |
Middleburg by weigh of 108 l. | |
Amsterdam 13 [...] loots of 38 measures. |
Measures of Wine. Wines are sold in England by the tun of 252 gallons, and by reason of the Diversity of W [...] of the Growth of sundry Countries coming to England, it is fit I should set down how the tun of 252 gallons doth correspond with other places.
It then makes in Antwerp 6 ames, containing 300 stoops, every stoop weighing 6 l. called a stone, every ame being 50 stoops, or 42 gallons, and every stoop being 9½ pints English.
In Paris and Orleans 4 hogsheads making 10 stoops, every hogshead 312 stoops, and at Peris 36 sextiers, each sextier being 4 quarts, every quart 2 pints, is 288 pints, and each pint is a chapins.
In Bourdeaux 4½ hogsheads.
In Lisbon 5½ hogsheads.
In Auxere in Burgundy 3 puncheons.
In Poitou 2¼ pipes.
In Coniaque 2 pipes or 4 hogsheads.
In Ay and Artou, 4⅔ hogsheads.
In Seres or Canary 2 pipes of 150 stoops or 1 but and 9/20, every but is in Antwerp 158 stoopt, they measure by the rove of 30 l. is 5 stoops of Antwerp, which is about 5⅞ gallons, and every but containeth 30 roves, and the pipes contain 30 roves of 28 l.
In Candado is 2 buts.
In Madrid 2 pipes lacking 16 stoops, or about 19 gallons.
In Sevil 56 [...]/4 rove of Romani, a rove is 8 somers, every somer is 4 quartils, every quartil is [...]/8 of a stoop of Antwerp, which is about 1½ pints English, and they do deliver 27 and 28 roves in a pipe, but of Oyl measure by 40 and 41 roves in a pipe.
In Ansoy or Bastard 2 pipes, 16 stoops for the said 6 ames.
In Lisbon 37½ almudes of 1½ rove of Sevil, every Almudas is 12 covados, or somer at Sevil, a covade is 12 quarts Oyl measure by alqueri or cantar, every alqueri is 6 covados, every cantar is 4 stoops of Antwerp, or 4½ gallons English.
In Algorn 34 starre.
In Florence 16⅔ barrels of 20 fiaschi or 18 stoops of Antwerp, the 3 barrels is one starre, and each starre is 54 stoops of Antwerp, or 64 gallons English.
In Rome 7½ brontons, every bront is 96 bocals or 13½ rubes or stones of 10 l. of 30 ounces in one bront, or 42 stoops of Antwerp for Honey the pound being 44 ounces.
In Candia 80 mostaches in a but of 34 and 35 mostaches of 3¼ stoops of Antwerp or cirea 4 [...]/ [...] gallons English.
In Bolonia 13 corbes incirca 19½ gallons English each corbe.
In Padua 1 and [...]/25 cara, the Oyl is by the millier of 1185 l. is in Antwerp 1100 l. makes 152 stoops in a but.
In Venice 80 mostati, the 38 make a but, and 76 make an Amphora, 16 [...]/3 quarti besonts measure the 4 bigonts, 1 bigout is a French hogshead, 1 quart 18 stoops of Antwerp, 15⅔ quarti measure, secchio or small measures of 4 tischaufer.
[Page 307] Amphera
- 4 bigots or bigantines.
- 16 quartibigots measure.
- 18½ quarti secchio.
Lagol is a puncheon, amphora is 2 ames, which is 84 gallons, and for Oyl they measure by am [...]hora also, and for Honey, but most by millier of 1210 l.
In Verona 1½ cara.
14 brents, every brent is 16 bases.
Oil by the millier of 1738 is 8 brenten and 11 bases.
In Ferrara 12 mastilli of 8 secchio, each mastilli is 21 gallons.
In Vicentia 1 [...]/26 cara, and the Oyl by the millier of Venice.
In Treviso 11 consi, 10 consi make 1 cara.
In Corfu and Zante, 37 zare or sare, and each sare is near 6½ gallons.
In Istria 15 venas, near 17 gallons.
In Tunis 60 matali of 32 rotolos, every matali making about 4¼ gallons English.
In Tripoli in Barbary 45 metares of 42 rotolos, and each metara being somewhat more than [...]2½ gall [...]s English.
In Constantinople 180 alms, each alm being about 20 pints, and 96½ alms of Oyl here, make at Venice a millier.
In Calabria 8 salmes.
In Puglia 8 salmes are French barrels, Oyl also 8 salmes, every salm is 10 star, each star is 32 pignaroli.
Hereto it will not be unfit I should add Malines his Observation upon these Wet Measures in general.
The Romans in times past, called the Wet Measure by ounces, as we do now the Weight, accounting 10 ounces ponderales, for 12 ounces mensurales; so Sestarius Bonianorum was 18 ounces weight-measure, and 21½ ounces mensurales or wet measure. Now this Custom of Measuring and Correspondency of Wet Measure and Weight is yet in use in sundry places:
As at Meyson in Saxony, 20 ounces ponderales, make 24 ounces mensurales.
Also at Lipsick, 32 ounces wet measure, goes to 16½ ounces weight measure, the Difference of Correspondence being of 5 to 6. This is further demonstrated in many Commodities.
As a hogshead of Wine weigheth 500 l. the cask 50 l. so that in net Wine there is 150 l.
Also a hogshead of Corn weigheth 400 l. the cask 50 l. the net Corn is 350 l. so that by this Computation, the tun of Wine weigheth 1800 l. and with the cask 2000 l. and the tun lading of Corn weigheth 1600 l. and with the cask 1800 l. So that for the Lading of a Ship, by Weight and Measure, these Observations are to be noted;
Observations for the lading of a Ship by weight and measure.Two tuns are accounted for a last, so 2 tuns of Wine make 4000 l. and somewhat more, and in hogsheads there should be but ⅓ parts of a last.
At Dert in Holland they call a great Vessel a rod of Wine, which weighed 4500 l. as a last of Corn, comparing these 4500 l. mensurales by reduction of 6 to 5, as above noted, are 3750 l. perderales, is 12½ ames; now if you account the gallons of Wine of Antwerp to weigh 6 l. the Capacity of this Vessel is 15 ames, being 750 gallons.
The rod is a rod quadrant of 10 feet long, 10 broad, and 1 foot deep, every foot containing 7 1/ [...] gallons Antwerp Measure, or 4⅔ feet Cubic. And this is as much as I think fit to insert in this place concerning the Wine Measures of England, with other Countries, for other liquid Commodities, the Table aforegoing will more largely demonstrate.
Exchanges of London.The Exchanges practised in England, and principally in London, are confined within a narrow seantling, being but as a Rivnlet issuing out of the great Stream of those Exchanges that are used beyond the Seas, and therefore limited but to some few places, as to Antwerp for Flanders, to Rouen and Paris for France, to Amsterdam and Rotterdam for the Netherlands, to Dantzick for the East Country, to Venice for Italy, to Edinburgh for Scotland, to Dublin for Ireland; all the other parts of the Exchanges practised in England have their derivation hence, and he that would exchange for any other forein Country (these aforenamed excepted) must first have recourse hither, and by a secondary Exchange have his Desire fulfilled: all which Exchanges, and the manner how the same are calculated, and the places with which London hath in former time been seen to exchange, I have at large demonstrated in the 443, 444, 445, 446 and 447 Chapters of this ensuing Treatise: whereto for better satisfaction I will refer the Reader.
CHAP. CCLXXIII. Of the Trade in general of England.
Of the Trade in general of England.WHen I consider the true dimensions of our English Traffick, as at this day to me it appears to be, together with the inbred Commodities that this Island affords to preserve and maintain the same, with the present Industry of the Natives, and the Ability of our Navigators; I justly admire both the Height and Eminence thereof: but when again I survey every Kingdom and great City of the World, and every petty Port and Creek of the same, and find in each of these some English prying after the Trade and Commerce thereof, then again I am easily brought to imagine, that either this great Traffick of England is at its full perfection, or that it aims higher than can hitherto by my weak Sight be either seen or discerned. I must confess, England breeds in its own Womb, the principal Supporters of its present Splendor, and nourisheth with its own Milk the Commodities that give both Lustre and Life to the Continuance of this Trade, (which I pray may never either decay or suffer the least Diminution.) But England being naturally seated in a Northern Corner of the World, and herein bending under the Weight of too too ponderous a Burthen, cannot possibly always and for ever find a Vent for all those Commodities that are seen to be daily exported and brought within the Compass of so narrow a Circuit, unless there can be (by the Policy and Government of the State) a Mean found out to make this Island either the common Emporium and Staple of all Europe, or at leastwise of all these our neighbouring Northern Regions.
The real worth of the English Trade.The staple Commodities of England, are Cloths, Lead, Tin, some new late Draperies, and other English Real and Royal Commodities, shipped hence in former times, yielded by their Returns from forein parts, all those Necessaries and Wants we desired or stood in need of: but the late great Traffick of this Island hath been such, that it hath not only proved a bountiful Mother to the Inhabitants, but also a courteous Nurse to the adjoining Neighbours: for what in matter of Traffick they have lost, we have been found to have gained, and what they have wanted, we have been noted to have supplied them with.
Hath the proud and magnificent City of Venice lost her great Traffick and Commerce with India, Arabia and Persia? England hath got it, and now furnisheth her plenteously with the rich Commodities thereof. Hath all Italy lost Venice, that fed it with those Dainties? London now supplieth her place, and is found both to cloth and nourish it. Hath France almost lost the excellent Commodities of Constantinople, Alexandria and Aleppo, and generally of all Tarky? London can and doth furnish it. Nay, is Turky it self deprived of the precious Spices of Iudia? England can and doth plentifully afford them. Will you view Moscovia, survey Sweden, look upon Denmark, peruse the East Country, and those other colder Regions, there shall you find the English to have been; the Inhabitants from the Prince to the Peasant wear English woolle [...] Livery, feed in English Pewter, sauced with English Indian Spices, and send to their Enemies sad English leaden Messengers of Death. Will you behold the Netherlands, whose Eyes and Hearts envy England's Traffick, yet they must perforce confess, that for all their great Boasts, they are indebted to London for most of their Syria Commodities, besides what other Wares else they have of English growth? Will you see France, and travel from Marselia to Calais? tho they stand least in need of us, yet they cannot last long without our Commodities. And for Spain, if you pry therein from the Prince's Palace to the Poor Mans Cottage, he will Voto a Dios, There is no Clothing comparable to our Bays, nor Pheasant excelling a seasonable English Red Herring.
The East-India Company.The East India Company of London, are yearly seen to visit Persia, frequent India, and traffick in Arabia and the Coasts thereof; and for our English Commodities, and some other exported hence, they are found to import Pepper, Cloves, Mace, Nutmegs, Cotton, Rice, Callicoe [...] of sundry sorts, Bezoar Stones, Aloes, Borax, Calamus, Cassia, Mirabolans, Myrrh, Opium, Rhubarb, Cinamon, Sanders, Spikenard, Musk, Civit, Tamarinds, Precious Stones of all sorts, as Diamonds, Pearks, Carbuncles, Emeraulds, Jacinths, Saphirs, Spinals, Turquoises, Topazas, Indico, and Silks raw and wrought into sundry Fabricks, Benjamin, Camphire, Sandalwood, and infinite other Commodities; and tho, in India and these parts, their Trade equalleth not either the Portugals or the Dutch, yet in candid, fair and Merchant-like Dealing, these Pagans, Mahumedans and Gentiles, hold them in esteem far before them, and deservedly have here the Epithet of far more current and square Dealers. And altho for the present this Trals and Company do suffer under some adverse Clouds, and groan under some unkind Losses, by the Falshood of the Netherlanders and sad Accidents at Sea, yet their Adventures and Acts are praise worthy, and their fair Endeavours for England's Honour, in point of Trade, merit due Commendations and just Applause.
[Page 309] The Turky Company.The Turky Company of London, for its Height and Eminence is now second to none other of this Land, for not yearly, but monthly, nay almost weekly their Ships are observed to go to and fro, exporting hence the Cloths of Suffolk, Gloucester, Worcester and Coventry, dyed and dress'd, Kersies of Hampshire and York, Lead, Tin, and a great quantity of the abovesaid India Spices, Indico and Callicoes, and in return thereof, import from Turky the raw Silks of Persia, Damasco, Tripoly, &c. Galls of Mosolo and Toccat Camlets, Grograms and Mohairs of Angora, Cotton and Cotton Yarn of Cyprus and Smyrna, and sometimes the Gems of India, and Drugs of Egypt and Arabia, the Muscadines of Candia, the Currans and Oyls of Zant, Zeffalonia and Herta, with sundry others, and in all these Parts are accounted also second to none, nor give place to any Nation, either in the Greatness of their Traffick, or in their fair and Merchant like Performances.
The Merchant Adventurers.The antient Company of Merchant Adventurers of London, hold the same Proportion in the Iotegrity of their Dealings and in the Squareness of their Performance with both the aforenamed: their excellent Government, and their antient Orders preserved and maintained, is every where both applauded and commended. The Cities of Hamburgh, Rotterdam, and others in the Notherlands, by their submissive seeking for their Residence, and their Privileges and Immunities granted them during that time, is a sure Testimony that speaks their Welcom every where, and an assured Token of that City's Decay, that with Leave from England, they furnish them with Cloths of sundry Shires, and some other Commodities monthly, as by the shortness of their Navigation they find it needful and proper to their Traffick, and from thence furnish England with Tapestry, Diaper, Cambrick, Holland, Lawn, Hops, Mather, Steel, Rhenish Wines, and many other Manufactures, as Blades, Stuffs, Soap, Latten Wire and Plates, and here also this Nation is accounted the most current and Merchant-like Nation that trafficks or hath any Commerce amongst them.
The Eastland and Moscovia Company.The East Country Merchants, and the Moscovia Company, do also challenge a part in this great Trade of England, and add some Perfection to the Traffick of the City of London; nor doth their fair Dealing there, come behind any of their Fellow-Citizens, nor are they less esteemed than any other forein Nation there resident. They export hence principally Cloth, at the best Commodity, also Tin, Lead, with some Spices of India, and other Commodities, and return thence, Ashes, Claphoard, Copper, Deals, Rich Furs, Masts, Pipe-Staves, Rye, Tunber, Wainscot, Wheat, Fustians, Iron, Latten, Linen, Mather, Quicksilver, Flax, Hemp, Steel, Caveare, Cordage, Hides, Honey, Tar, Ropes, Tallow, Pitch, Wax, Rosin, and sundry others.
The French Merchants.What shall I say to the French Company, the Greenland Company, the Merchants trading into Spein, Barbary, Guiney, Benyn, Italy, Scotland and Ireland, but that they also challenge a great Interest in the Traffick of this City and Kingdom? for the French Merchants carry hence English Cloths, Kersies, Bays, Galls, Silk and Cotton of Turky, and for the same return Buckr [...]m, Canvas, Cards, Glass, Grain, Linen, Salt, Claret and White Wine, Woad, Oyls, Almonds, Pepper, some Silk Stuffs, and some other petty Manufactures.
The Spanish Merchants.The Merchants trading into Spain, carry hence Bays, Says, Serges, Perpetuanes, Lead, Tin, Herrings, Pilchards, Salmon, Newland-fish, Calf-skins, and many other Commodities, and in return furnish England with Wines of Xeres, Malaga, Bastard, Candado and Alicant, Rosin, Olives, Oyls, Sugar, Soap, Anniseeds, Liquorish, Soda barilla, Pate, and sundry West India Commodities: neither have Spanish and Portugal any ill opinion of the Dealing and Traffick of the English Nation; for tho of all other Nations, they have the best conceit and opinion of their own Greatness and punctual Worth, and have of late changed the name of Mercador into Cergador, (how improper, I refer to their own Language) yet account they the English (next to themselves) the principal and fairest dealing Merchants in the World.
The Italian Company.The Merchants of England trading to Naples, Sicilia, Genoa, Legorn and Venice, &c. which here I term Italy, are not observed to have any Joint-Stock or Company, yet, to the Honour and Benefit of this Kingdom and City, transport hence Bays, Says, Serges, Perpetuanes, Kersies, Lead, Tin, Cloth, and many other native Commodities, besides Pepper, Indico, Cloves and other Indian Commodities in great abundance; and for returns have Cloths of Gold and Silver, Sattins, Velvets, Taffaties, Plushes, Tabins, Damasks, Allom, Oyls, Glass, Aniseeds, Rice, Venice Gold and Silver, great quantity of raw Silks of sundry sorts, and divers other Commodities; and here likewise all other Nations willingly give place to the English, as the principal Merchants that either abide amongst them, or negotiate with them. I need not insist here upon the Relicls of that famous Barbary Trade, nor yet mention the petty Adventures of the English to Guniney and Benny, tho otherwise they are concurrent to the Traffick of this Nation, neither go about to particularize the large Traffick of this Island to their Plantations of Newfoundland, Summer-Islands, Virginia, Barbadoes and New-England, and to other places which rightly challenge an Interest in the present Trade and Traffick of this Kingdom.
[Page 310]Therefore omitting what may be further said in this point, and having thus survey'd the Trade of this Island in particular, and shewed the Commodities exported and imported by every noted Company and Society, I shall now speak a word concerning the Navigation of this Nation, which is one of the main and principal means by which this Traffick is observed to be preserved unto them at this day.
The Navigation of the English famous throughout Europe.I shall not need to look back into former Ages, nor trouble my self to search after old Records that express the Worth of the English Nation at Sea in old times; it sufficeth me to understand, and know that these present times wherein we live, are not any ways inferior (in this point) to the former, nor the real Value nor Valour of the English any ways decay'd or alter'd from its former antient Greatness to its present Splendor: what they have done let Histories remember, and what they now do let the World witness and testifie throughout Europe. What Creek or Port in Europe have they not sought out and found? Nay how many of them have fought against Hunger, Cold and all Extremities, to find new Northern Passaget to the Southern Regions? In America.and tho the South Seas, and a great part of America be at this day debar'd to them and their Navigation, yet their Wills herein are more bounded to their Princes Pleasure, in a faithful obedience to his Treaties of Peace with that Don that challenges those vast Countries, than any way in fear of his Greatness, or his Naval Power by Sea, as may witness their Attempts, Navigations and Plantations in many parts of that Country not limited or forbidden by that Treaty. In Africa.As for their Navigations to Africa, begin at Alexandria in Egypt, and so sail to Tunis, Argier and Ceuta, and thence along the Coast of Guiney and Benyn, to Cape Bona Esperansa, then to Mombasa, Melinda, Brava, Cape Guard fuy, and into the Red-Sea Gulf, and tell me where it is that they have not been, or what Place or Port is not acquainted with them. In Asia.And if you survey the Maritime Shore of Asia, and begin at Sues in the aforesaid Gulf, and so to Aclon, Dieu, Cambaia, Ormus, Surat, Goa, Cochin Mesulapatam, Pegu, Camboi, Cauch, China, Maocau, and to the utmost Bounds of China, and the Isles of Japan and Cathay, and all the adjacent Islands, they have all been for many years both well acquainted to our Seamen, and not unfrequented by our Merchants and Traders; and for the Caspian Sea, the Euxine and the other parts of Asia comprised from thence by Constantinople to Scanderoon, and so to Alexandria, every Week brings us Tidings of the current Advices of those places. To conclude then, by what hath been said, may be clearly discerned the present Height and Amplitude of our English Commerce, and the Greatness of Englands Navigation, the Continuation whereof my Devotions shall ever second, and my Prayer shall be, That neither our fained Friends, nor yet our froward Foes, may ever have just Cause to rejoice at the Decrease, nor least Diminution thereof.
Having thus happily ended my Peregrination, and drawn out the utmost Bounds and Limits of this my Map of Commerce, and concluded there the Manner and Matter of the general and particular Traffick of most of the eminent Cities and Countries of the World; I will now cast anchor, and finish in this place my Voyage, till the next fair Gale offers and presents it self, to imbark my Time and Pen in the Survey and Calculation of the Exchanges of Europe, as at this day they are seen practised amongst the Merchants of Christendom.
EXCHANGES.
CHAP. CCLXXIV. Of Exchanges in general, and of the Method and Manner thereof, and how calculated in any Place in Christendom.
Exchanges in general.I Have in the Tenth Chapter of this Map of Commerce shewed, That to make this Treatise absolute and compleat, the Method and Manner how all Exchanges are framed and calculated is perfectly to be known and learned; and there also declared the Necessity of this Knowledge, with all Circumstances depending thereupon.
Now, by reason that I have in all the afore-mentioned Cities of this Map (wherein either Custom, Time, or Commodiousness of Trade, Exchanges of Monies have been setled, and where the said Exchanges are daily used and practised) omitted the Form, Manner and Calculation thereof, together with all the particular Circumstances requisite and necessary to the Explanation of this Mystery of Exchanging; I have in this place thought good to allot i [...] (as worthily meriting) a peculiar Discourse at large by it self, which here I conceive it most proper to be inserted: and because that my Experience in the Exactness required may not be peradventure sufficient, to lead me through in every particular Point and needful Circumstance: I have therefore judged it no blemish to my Knowledge to be instructed by those excellent and judicious Bankers, Geo. Baptista Zucetta, a Merchant of Genoua, and Claudio Boiero, a Merchant of Lions; whose Endeavours herein are worthy Commendations, and whose laborious Presidents and preceding Labours, where I find my self defective in this Task and Labyrinth, I willingly follow.
What are places of Exchanges.Places in use, and those as are apt for Exchanges, are such where Merchants, in some fit and competent number, do meet and are assembled for the Benefit and Behoof of Trade and Negatintion, which at this present day are observed to be many, yet withal are noted not to be so firmly setled, but that the same admits sometimes an Alteration and Change, varying according as the due occasions of Commerce and Traffick in that place requires, either by the Decay of Trade there, or by the Increase of the Trade of another Place more fit and proper thereunto.
Some Cities are the Staples of Exchanges.Some Places again are observed to be (if I may so term it) the Staples of Exchanges, and yet notwithstanding have their dependence upon the Exchanges of other places, and which else are not found to comprehend any other manner of Traffick, having only certain Times or Fairs setled and confirmed by the custom of Exchangers, in which and to which Bills of Exchange are either dated, expired or renewed; in which nature, and of which sort Placentia is accounted the most notable for all Italy and other places, where indeed Exchanges are found to have a certain kind of Being, yet acknowledgeth its real Existence from other Places and Cities, Besansin in Burgundy, Spossa in the River of Genoua, Camberay in Piedmont, and some others were in former times observed to be of this kind, whose Exchanges did totally depend upon the Partidos of Exchanges made in other Countries, and these sometimes of such as had the same Concordancy in the Current Coins of the Exchange, and sometimes a Discrepancy.
The Exchanges of some Cities depend upon the Exchanges of some othersAnd for as much as it is observed, That some other Cities where no set Exchanges are sound, sometimes challenge by the necessity of Traffick and Commerce, a Course of Exchanging with these or the like places, and yet have none setled therein, then and in such cases is it seen, that the Metropolis or principal Cities of these Countries prescribes both the Rule, Rate and Condition thereto, as if Vicentia, Verona or Padua would frame an Exchange with Placentia; it is observable, That the Rate of Venice, in which Estate these said Places are sound to be, and who have their Moneys of one and the self same Goodness and Value, give the Rule, Rate and Condition thereto. So in Pavia, Como, and other Towns in England, as in the City of London, the principal of that Island; so have the Cities of France, their Rule from Lions, all Places of Flanders from Antwerp, and so have the like in other Places and Countries.
[Page 312] The chief Cities of Exchanges.Now for as much as Exchanges are not found current in all places, Exchangers, Bankers and Merchants have setled a common Course of Euchanging, in some certain particular and principal places, which are observed in these days chiefly to be these,
For Italy 13. |
|
For France 3. |
|
For Spain 6. |
|
For Portugal | Lisbon only. |
For Flanders | Antwerp only. |
For England | London only. |
For Germany 5. |
|
Besides which, some others of lesser note are observed to have an Exchange current, but by reason that, in most of the principal Points, they have a dependency upon some of these, and a concordance with them; they are by most Authors neglected, and therefore shall be by me here wholly omitted.
Many Cities practice Exchanges by one and the same Monies, &c.In the next place it is considerable, That many of these before-mentioned Cities are found to practise their Exchanges in one and the self-same Moneys, Coins and Denominations, as do Lachy and Barry, which are included in Naples, as Naples it self; Palermo and Messina comprehended in Sicilia; Valencia, Saragosa and Barcelona in Catalonia; Sevil, Alcala and Medina del Campo in Castilia; Frankfort, Noremberg, Colonia and Augusta in Germany, and some others.
What Exchange is, &c.What thing this Exchanging is properly in it self found to be, as also what a Bill of Exchange is, and the due Ceremonies and strict Rules thereof, together with the Commodiousness, Necessity and first real Intent of the same, I have shewed in the 10 Chapter, which briefly here may not unproperly be defined by the Word it self, as it is aptly expressed in our English Tongue, which extends it self into two parts; 1. An Exchanging of one sort of Moneys for another: and 2. An Exchanging from one City or Country to another; Rates, Terms, Fairs, and Usances of Exchange.in which is also considerable both a Rate and Term, wherein and whereby this is brought to perfection, which are principally performed by certain Fairs or Usances, accustomed in the Art of Exchanging, and which are set down by Merchants, Bankers and Exchangers at their Assemblies and Meetings in a fair and regular Order, by a certain Course of Justice, and by peculiar Laws and Ordinances amongst themselves; both which Fairs and the Rates and Terms thereof, have a constant expiration within certain months, as the Usances have, that are likewise included within the Rules of the said Fairs, which are found to end within certain prefixt days, according to the received Custom of those two Cities, wherein the said Exchanges are found mutually and respectively to be setled and placed.
What is observed in Exchanging in the usual manner thereof.Moreover, in the Practice of Exchanging, Bankers and Exchangers are found to observe this Custom amongst themselves, in the usual manner of Exchanging from one place to another, that is, One propounds his Money in a whole Number or Denomination, and the Other consequently and necessarily in a Fraction, broken Number, or lesser Denomination, in which Contract or Bargain, it is imagined that these two, either Persons or Places, would negotiate [Page 313]one and the self same thing, so that the one would be the Seller, and the other the Buyer thereof; to perform which, it is questionless needful, that he that hath the thing, makes the Rate and Price, the which shall happen without any Contract, or difference of much or little; and as it chanceth in the sale of any Commodity, so falleth it out by the Exchanges of Moneys; for of the two places that would exchange, the one propounds a gross Sum, and the other the Condition and Price in a lesser Sum, which may admit either an increase or decrease in estimation or value, according as they fall to agreement, upon the lesser or greater esteem of the said Sum propounded; the use of which is exemplified thus:
Example.If Placmtia would exchange with any other place, the said Placentia, or as Exchangers term it, the said Fair, or Fiera, propounds and gives always the entire Sum or greater denomination, and by consequence, the other that would exchange therewith, gives the other which is the lesser denomination.
This Sum which I thus term an entire or whole Denomination, falls in some places to be, sometimes one Crown, and in other places, sometimes 100 Crowns, Florins or Ducats, the same is likewise found to be practised between any two places; Exchanging, for each place giveth either a Denomination entire of one to another, or of one Hundred to another Hundred, or else of a lesser Divident than one, or than one Hundred, which I here term the Fraction, broken Number, or smallest Denomination, as shall be more plainly expressed in the calculated Table following.
What an Entire Sum in Exchanges is, and what a broken Number or Fraction.Now as touching the Moneys which are thus given as entire or whole Sums, viz. One or one hundred, these are either found to be Crowns, Ducats, Pounds, Florins, &c. according to the received quality of the gross and whole Moneys which that place is found to have current, that would give; so in like manner it falleth out in the smaller or lesser Denomination, in the places that would take, which in themselves is also various, and consequently of divers sorts, as Pence, Sols, Deniers, &c, as shall also appear by the said Table.
Liberty of Exchanging to the judicious.And though it fall out to be the Custom, that one place giveth an Exchange in gross Moneys, and another place in small, (as is before related) and that this gross and small Moneys must be of such or such a quality and kind, this Observation and Rule prescribed notwithstanding is not always necessary, but that Exchangers may (though I confess it is seldom seen) at their pleasure propound, the one or the other differing or contrary hereunto, and that the wise and judicious Exchanger may for his Profit, Ease, or Commodity, propound his own intentions, and thereby (if he can) obtain a beneficial Bargain or Issue, according to his Design and Plot. As for Example,
Ignorant Exchangers consure the judicious of varying from the Custom of Exchanging.If it should be said, that Exchanges may be made in a method differing from this or the common Rule, or contrary to that way that hath been received and taken, some would soon censure him of folly that should be of that Opinion, and conceive such a one to be little versed in exchanging Affairs, that should either propound or seek to perform such a thing, but yet no great heed is to be taken to the raw Conceits and childish Opinions of such self-will'd Mer [...]nts, which may for the most part be said to be either drench'd in ignorance, or drown'd in cary; because that a skilful Merchant may (as I have alledged) frame his Exchanges as he sees good, and to his own Commodity, the which very oftentimes is observed to be done by others, and practised daily by those of this City of excellent judgments.
Example.In Example whereof, posito I would exchange Genoua with Naples, between which two places the use and custom is, that Genoua giveth the entire Sum, or greater denomination, which is the Crown of Gold, for the which Naples gives the Grain 135, a little more or less: I demand why may not Genoua give that whole Sum, which is the Crown of 4 Livres, as it is accustomed to give with other places, and estimating the same by 120 Grains Naples, and thereby the Exchange will prove to be equal with the first manner before mentioned. And further, why may not the contrary be practised, Naples giving the whole Denomination, which may be Decats one, for Sold. 66 8 d. and so vary in as many forms as they please, wherein I confess I never yet found any Exchanges made, neither do know any true reason that the common Cu [...]oms should be altered, tho' I have thought good to note the same here, that each knowing Merchant may boldly use which he please; for to him that truly understands the value and course of both the places Exchanging, there will appear no difficulty therein; and I wish that those which know no other ways but their own, content themselves within the limits of their own manner and understanding, and suffer others of better Judgments, without their censure, to follow their own, when it is to their Benefit or Commodity.
CHAP. CCLXXV. The Declaration of the Table of Exchanges following.
Declaration of the Tables of Exchanges.THE Table of Exchanges of the Cities here following, are formed and disposed in this nature, first, in the front thereof there is placed the Name of the Town or City exchanging, and in what Region or Country seated; Secondly, the Manner and Method wherein the Accounts in that City is kept by Exchangers; Thirdly, the Quality of the Moneys in use is observed, and in what Coin imaginary or real that City is accustomed to make its Exchange, with the others there mentioned; Fourthly, underneath that, is orderly set down the Names of all the other Places, the which by a Line are found to be joyned and knit together; and lastly, in the midst of the Line is written the Name of the Place and City it self, for which the said Table in the said Leaf is made. As for Example, in the first Leaf, which is for Placentia in Italy, where besides the Name of the Place it self is found these words ( Placentia exchangeth with) the which words, by reason of the including Line drawn from the highest to the lowest, hath reference to every one of the Names of the other Places which are so included together; so that it is to be understood, as that Placentia exchangeth with Lions, Placentia exchangeth with Re [...]e, with Genoua, &c. and so in the rest from one to another. Next to every one of the said Names of Places, followeth the Species or Moneys exchanged either by an entire and whole Sum, or by a broken and lesser denomination, which the place in the Table giveth in exchange by proportion with the other, to whose Name the said Moneys are placed and put unto, as to say, Placentia exchangeth with Lions 100 Crowns, that is understood, that in Exchanging between Placentia and Lions, 100 Crowns of Placentia are supposed and put by an equivalency or in value to that quantity or sum of Money, which is found to be noted in Lions following: As in the said Example, Placentia exchangeth with Lions Crowns 100, for Crowns 97¾: so likewise is it to be understood, that in the said Exchanges that for every 100 Crowns of Placentia, or of Fiera, or of Mark, it is as much as to say, as Lions counter-payeth or giveth 97¾ of his Crowns, that is, of the Sun. Also Placentia exchangeth with Genoua Crown 1. for Sol. 67. 10 d. that is to say, that Placentia Exchanging with Genoua it giveth (or as I said before, it selleth) Crown [...], of Mark to have in Genoua, Sol. 67. 10 d. of Gold; and in the same manner the rest of the said places are to be understood; Though the Tables of Exchanges differ from the present Rates, yet the use thereof is not any way lessened.and whereas the Rates and Prices of these Exchanges may here be sound to disagree from the current Rates of the same in sundry places, as at this very day and time, yet that cannot take away the Benefit that may redound to Merchants by the use thereof, nor prejudice the Labour or Judgment of him that calculated the said Table; because we see by experience, that the Rates of Exchanges do hourly differ, and the Moneys also are found to rise and fall daily in sundry places, upon which these Exchanges have their Ground work and Foundation; and though a Table were calculated precisely to this present day and time, yet e'er the same could be published, it would find a disagreement in divers places.
CHAP. CCLXXVI. The Use of the Table of Exchanges.
The use of the Table of Exchanges by three Examples.THE method being thus understood, the use thereof is easily comprehended, which by three Examples I shall illustrate and make plain; where by the way it is to be noted, that in Exchanging of any Sum of Moneys whatsoever, the Rates mentioned in this Table are not observable, save only for the Examples sake, and for Instruction in the Contract, that may be made thereupon; but the Rate agreed upon, and by which the Exchange is conditioned by both the Giver and Taker, is the true and firm Rule, whereby the question is to be wrought; First Example.notwithstanding for the first Example, we will propound a Question by a contracted Price, according to the current Rates mentioned in this said Table, and that from Naples a Merchant would exchange Ducats 738. 4. 10. with Placentia, and the Price of the Exchange shu [...] be that which is mentioned in the Table of Naples with the Town of Placentia, where it is found, that Naples exchangeth with Placentia at Grains 133 for a Crown.
By these three Numbers in the Tables mentioned, I work thus then by the Rule of Thres, saying, If 133 Grains give 1 Crown, how many do 738 Ducats, 4. 10. give? and working Arithmetically according to the said Rule, it makes 555 Crowns 11. 3. of Mark in Credit to be given in [...]era of the said Placentia. [Page 315] [...]
Second Example.For a second Example, I will propound, that Naples would exchange 500 Ducats with Placentia at Sold. 18. 2 d. &c. This Example considered, will not be found to differ from the former; save that in the former, Naples gave the lesser or broken Number, and in this, Naples gives the whole and entire Number, notwithstanding which the Rule is not found to differ, as in other the like Questions in simple Exchanges; wherein it is to be observed, that Sol. 18. and Den. 2. of Valentia, are paid for 1 Ducat of Naples, and by that Price and Rate, I would know how many Livres of that Money of Valentia the proposed Sum of 500 Ducats in Naples come into? and by that which we find in the Table by the same Rule of Three, I say, if one Ducat is worth 18 Sol. 2 Den. how many shall 500 be worth? and by working the Question, it makes 454 Livr [...]s, 3 s. 4 d. and so much Credit will 500 Ducats of Naples give at the Price aforementioned, thus. [...]
Third Example.All other Exchanges have their Resolutions as these two former, but yet sometimes it is true, some accidents may interpose, which may cause the Question to have a double working, as if I should say that Genoua would exchange with Venetia Crowns 1000 of Livres 4. to Livres 7 l. 10 Sol of that Money, and the Credit is required in Ducats. Now then because the simple Exchange gives the Money in Livres, you must make another reckoning to reduce the same into Ducats; but yet for all this, neither in this, nor in any other case, would I have but one account made, the which may be done by the Rule multiplied: I say then, if 1 Crown be worth 7. 100. Den. and that 6 s. 4 Den. is worth one Ducat, how many Ducats will a 1000 Crowns make? and by working the Question, it will be found to make 1209 Ducats 13. 6 d. for Credit, which from Genoua will be produced by a thousand Crowns in Venice: the Question being well observed, it will be found to be wrought in this manner. [...]
It is to be noted, that in what place soever the Moneys are accounted by Livres, Sols, and Den. or as we say in England, by Pounds, Shillings and Pence, it is accounted by 20, and by 12, because that Sol. or Shill. 20 make a Livre or Pound, and 12 Deniers or Pence makes a Soldo, or Shilling: the same Rule also holds in those places, whose greatest Moneys are imaginary and feigned, or who keep not this orderly Succession, as are the Ducats of Catalonia, of Castilia, of Rome, and of Pertugal; also those Crowns who have no proper parts, also the Ducatoons in what Country soever, and the Florms in Germany; all these I say, which ought to succeed in 20 and 12, that is, in Solds and Den. or Shillings and Pence, and each of the other sorts of Moneys shall be accounted [Page 316]according to the property of that Country, and as shall be signified in the front of the following Table of that place, amongst which there are some which are commonly resolved by the more principal of their own Moneys, as the Exchange of Sicily with Catalonia, Castilia Portugal, Brabant, and England; and howsoever they make their Exchange, either by the Sicilian Florin, or by the Ducat, notwithstanding the parcel is resolved in Ounces, Tarins, Grains, and Pichols, which is throughly declared in the following Tables.
And lastly, forasmuch as the terms and days of Bills of Exchange are found in many Countries to differ in length of time, and are limited of divers days, and that the Rates [...]sing and falling of Exchanges have a course set by a continual meeting of Exchangers, and their Opinions in equality of value, I have thought good to insert the same with some other needful Circumstances of this Art of Exchanging, at the end of the Tables, to which I refer the Learne, where also he shall find at large, how most of these Exchanges are cast up, and reckoned from one place to another; and now I will proceed to the Tables themselves, as I find them calculated by the said Geo, Bapt. Zuletta, and others following him.
CHAP. CCLXXVII. Of the Exchanges of Placentia, a Place of Fairs, or Fiera of Exchanges in Italy.
The Exchanges of Placentia.THis Town is considered as a Fair or Staple of Exchanges, and not as a City of Trafficle; and therefore there is no esteem made of the current Money of the place, but only of that which is made by Exchanging, which are Crowns of Mark; in which Moneys, Bankers and Exchangers do only treat and account in; and the same is held by Crowns, Sold, and Deniers of Mark. And in the Custom of Exchanges here in use, it giveth the entire and whole Sum to all other places, being either Crowns one, or Crowns one Hundred.
Placentia doth exchange with | Lions | Crowns | 100 | for | 96¾ Crowns |
Rome | Crowns | 100 | 99½ Ducats | ||
Genoua | Crown | 1 | 67. 10 Sol. of Gold. | ||
Millan | Crown | 1 | 134. 9 Sol. | ||
Venice | Crowns | 100 | 130 Ducats | ||
Florence | Crowns | 100 | 109½ Crowns | ||
Lucca | Crowns | 100 | 116¾ Ducatoons | ||
Naples | Crown | 1 | 134 Grains | ||
Lechi | Crown | 1 | 135½ Grains | ||
Bari | Crown | 1 | 135 Grains | ||
Palermo | Crown | 1 | 29 Carlins | ||
Mesina. | Crown | 1 | 29¼ Carlins | ||
Antw. & Col. | Crown | 1 | 128 Grosses | ||
London | Crown | 1 | 81½ d. sterl. | ||
Valentia. | Crown | 1 | 24 Sold. | ||
Saragosa | Crown | 1 | 24 Sol. 6 Den. | ||
Barcelona | Crown | 1 | 24 Sol. 4 Den. | ||
Siv. al. Med. | Crown | 1 | 432 Marvedes | ||
Lisbon | Crown | 1 | 482 Rais | ||
Bollonia | Crown | 1 | 119 Ducatoons | ||
Bergamo | Crown | 1 | 118¾ Ducatoons | ||
Frankford | Crown | 1 | 103½ Quarentins |
In the 382. Chapter, the Reader may find how these Exchanges are cast up and calculated.
CHAP. CCLXXVIII. Of the Exchanges of Lions, Paris, and Rouen in France.
The Exchanges of Lions, &c.IN Lions, Paris, Rouen, and through all France, they keep their Accounts in Livres, Sols, Deniers and Turnois, and they here do exchange in Crowns of the Sun, and Deniers of the Sun; this Livre is also called in some places of France, a Frank, and 3 Livres or Franks is accounted for the said Crown of the Sun, and the Crown of Italy by a Decree and Standard of the Country passeth at 58 Sol. of the said Crown.
And in the Custom of Exchanging, it giveth the entire and whole Sum or Number, either one Crown, or one hundred Crowns of the Sol.
Lions doth exchange with | Placentia | Crowns | 100 | for | 103½ Crowns |
Rome | Crowns | 100 | 99½ Ducat | ||
Genoua | Crown | 1 | 66½ Sol. of Gold | ||
Millan | Crown | 1 | 115 Sol. | ||
Venice | Crowns | 100 | 116¾ Duc. Bank. | ||
Florence | Crowns | 100 | 106½ Crown | ||
Lucca | Crowns | 100 | 117½ Ducatoons | ||
Naples | Crown | 1 | 124 Grains | ||
Lechi | Crown | 1 | 122½ Grains | ||
Bari | Crown | 1 | 123 Grains. | ||
Palermo | Crown | 1 | 29½ Carlins | ||
Mesina | Crown | 1 | 29½ Carlins | ||
Antw & Col. | Crown | 1 | 96 Gross | ||
London | Crown | 1 | 62 Pence sterl. | ||
Valentia | Crown | 1 | 23 Sol. 10 Den. | ||
Saragosa | Crown | 1 | 23 Sol. 8 Den. | ||
Barcelona | Crown | 1 | 24 Sol. | ||
Siv. al. Med. | Crown | 1 | 436 Marvedes | ||
Lisbon | Crown | 1 | 485 Rais | ||
Bollonia | Crowns | 100 | 119½ Ducatoons | ||
Bergamo | Crowns | 100 | 119⅕ Ducatoons | ||
Franckford | Crown | 1 | 104 Quarentins |
Vide Chap. 302. and so following, of the Calculation of the Exchanges of this place.
CHAP. CCLXXIX. Of the Exchanges of Rome in Italy.
The Exchanges of Rome.IN Rome, the Bankers and Exchangers keep their Accounts in Crowns, Julios, Bacochs, and Quatrins, and they Exchange in Ducats, Sols and Deniers of Camera. The Crown of the abovesard Money is worth 10 Julios, or 100 Bacochs, or else 400 Quatrins; the Julio is 10 Bacochs, or else 40 Quatrins, and the Bacoch is 4 Quatrins.
The Ducat of Camera, according to the old Value, is worth 2½ per Cent. more than the Crown of Gold, so that 100 Ducats are 102½ Crowns.
In the Custom of Exchange amongst Merchants, the place giveth the broken Number to all Italy, excepting to the Kingdom of Naples, to Sicilia, Bollonia, and Bergamo, and to all others [...] giveth the whole Number, which is either one Ducat, or by a 100 Ducats.
Rome doth exchange with | Placentia | Ducats | 97¾ | for | 100 Crowns |
Lions | Ducats | 97½ | 100 Crowns | ||
Genoa | Ducats | 97⅛ | 100 Crowns of Gold | ||
Millan | Ducats | 97¼ | 100 Crowns of Gold | ||
Venice | Ducats | 85⅓ | 100 Ducates | ||
Florence | Ducats | 91¾ | 100 Crowns | ||
Lucca | Ducats | 84 | 100 Ducatoons | ||
Naples | Ducats | 100 | 135 Ducats | ||
Lechi | Ducats | 100 | 134⅔ Ducats | ||
Bari | Ducats | 100 | 134½ Ducats | ||
Palermo | Ducat | 1 | 14 15 Tarins | ||
Mesina | Ducat | 1 | 14 17 Tarins | ||
Antw. & Col. | Ducat | 1 | 125 Grosses | ||
London | Ducat | 1 | 87½ d. sterling. | ||
Valentia | Ducat | 1 | 24 2 Sol. | ||
Saragosa | Ducat | 1 | 23 Sol. 8 Deniers | ||
Barcellona | Ducat | 1 | 23 Sol. 10 Deniers | ||
Siv. al. Med. | Ducat | 1 | 440 Marvedes | ||
Lisbon | Ducat | 1 | 482 Raies | ||
Bollonia | Ducats | 100 | 119 Ducatoons | ||
Bergamo | Ducats | 100 | 119½ Ducatoons | ||
Frankford | Ducat | 1 | 103 Quarentins |
Vide how these are calculated, Chap. 326. and so following.
CHAP. CCLXXX. Of the Exchanges of Genoua, the Metropolis of Liguria.
The Exchanges of Genoua.IN Genoua, Exchangers keep their Accounts in Livres, Sols and Deniers current, and they exchange in Livres, Sols and Deniers of Gold. The Moneys current, is it that is the common in use; of which, the Crown of Gold is worth Sol. 90. and in times past was worth less: The Moneys of Gold are imaginary, and valued according as the Fairs of Exchanges permit, of which the Crown of Gold is always worth 68 Sol.
In the Custom of Exchanging, this place giveth the whole Sum to all, excepting Placentis and Lions, the which are either one Crown, or 100 Crowns; the which Crowns are accounted of Gold for all the Places, excepting Millan, Venice and Germany, to which they are accustomed to give the Crown of 4 Livres current.
Genoua doth exchange with | Placentia | Sold. 66 | of Gold | for | 1 Crown | ||
Lions | Sol. 664 | of Gold | 1 Crown | ||||
Rome | Crown | 100 | of Gold | 98½ Ducats | |||
Millan | Cro. 1 of 4 Liv. cor. | 119 Sold | |||||
Venice | Cro. 1 of 4 Liv. cor. | 7 Liv. 10 Sol. Pico | |||||
Florence | Crown | 100 | of Gold | 106¼ Crowns | |||
Lucca | Crown | 100 | of Gold | 118 Ducats | |||
Naples | Crown | 1 | of Gold | 134 Grains | |||
Lechi | Crown | 1 | of Gold | 135 Grains | |||
Bari | Crown | 1 | of Gold | 134½ Grains | |||
Palermo | Crown | 1 | of Gold | 29⅓ Carlins | |||
Mesina | Crown | 1 | of Gold | 29½ Carlins | |||
Antw. & Col. | Crown | 1 | of Gold | 124 Grosses | |||
London | Crown | 1 | of Gold | 83 d. sterling. | |||
Valentia | Crown | 1 | of Gold | Sol. 23. 9. | |||
Saragosa | Crown | 1 | of Gold | Sol. 23. 10. | |||
Barcellona | Crown | 1 | of Gold | Sol. 23. 8. | |||
Siv. al. Med. | Crown | 1 | of Gold | Marved. 436. | |||
Lisbon | Crown | 1 | of Gold | Raies 470. | |||
Bollonia | Crown | 101 | of Gold | Ducat. 118½. | |||
Bergamo | Crown | 110 | of Gold | Ducat. 118⅓. | |||
Frankford | Cro. 1 of 4 Liv. cor. | Quarentin 92. |
Vide Chap. 360. how the Exchanges of this place are calculated.
CHAP. CCLXXXI. Of the Exchanges of Millan in Lombardy.
The Exchanges of Millan.IN Millan Exchangers keep their Accounts in Livres, Solds and Deniers Imperial, and some in Crowns, Sols, and Deniers of Gold. The Moneys current is accounted the Imperial Moneys: there is also the Crown of Gold, of no settled Price, but now worth Sol. 135. The Crown of 6 Livres, is it which some do use in Exchange with Genoua. The Crown of 117 Sol, is in use for the Exchange of Venetia.
In the Custom of Exchanging, this place giveth the broken Number to Placentia, Lions, and sometimes to Genoua, and to all the other the whole Number, which is either one or 100 Crowns of Gold, excepting only to Venetia, which is of Sol. 117 as aforesaid.
Millan doth exchange with | Placentia | Sold. 134 | for | 1 | Crown | |
Lions | Sold. 135½ | 1 Crown | ||||
Rome | Gold Crowns | 100 | 98¼ Ducats | |||
Genoua | Gold Crown | 1 | Liv. 4. 10 current | |||
Venice | Cro. 1 of 117 Sol. 1 | Liv. 7. 6. | ||||
Florence | Gold Crowns | 100 | Crowns 105. | |||
Lucca | Gold Crowns | 100 | 117 Ducats | |||
Naples | Gold Crowns | 100 | 133 Ducats | |||
Lechi | Gold Crowns | 100 | 134 Ducats | |||
Bari | Gold Crowns | 100 | 133½ Ducats | |||
Palermo | Gold Crown | 1 | 29¼ Carlins | |||
Mesina | Gold Crown | 1 | 29⅓ Carlins | |||
Antw. & Col. | Gold Crown | 1 | 124 Grosses | |||
London | Gold Crown | 1 | 84½ d. sterl. | |||
Valentia | Gold Crown | 1 | 24 Sol. | |||
Barcelona | Gold Crown | 1 | 23. 9 Sol. | |||
Siv. al. Med. | Gold Crown | 1 | 434 Marvedes | |||
Lisbon | Gold Crown | 1 | 465 Raies | |||
Bollonia | Gold Crowns | 100 | 118 Ducatoons | |||
Saragosa | Gold Crown | 1 | 23. 10 Sol. | |||
Bergamo | Gold Crowns | 100 | 118 Ducatoons | |||
Franckford | Gold Crown | 1 | 103 Quarentins |
Vide Chap. 440. how these are calculated.
CHAP. CCLXXXIII. Of the Exchanges of Venice in the Adriatick Seas.
The Exchanges of Venice.IN Venetia they keep their Accounts in Livres, Sols, and Deniers of Picol, and some in Livres, Sols, and Deniers gross, and others in Ducats and Grosses. The Moneys which here is called Picoli, is the current Moneys of the place. The Moneys which we here call Gross, is worth 1 Livre, Sol. 62 of Picols, or 10 Ducats. The Ducat is always worth Livres 6. Sol. 4. of Picol, or else accounted 24 Grosses. The Gross is worth Sol. 5. 2 d. of Picol, and in the Livre of Grosses it is accounted and reckoned as in Deniers.
In the Custom of Exchanging it giveth the broken Number only to Placentia, Lions, Genoua, Millan and Bollonia, and to all the rest, the whole Number, either by one Ducat, or by 100 Ducats.
Venetia doth exchange with | Placentia | Ducats | 129 | for | 100 Crowns |
Lions | Ducats | 129½ | 100 Crowns | ||
Rome | Ducats | 100 | 77½ Ducats | ||
Geno. | Liv. Pic. Ducats 7. 10 | 1 Crown of 4 Liv. current | |||
Mill. | Liv. Pic. 7. 6 5 | 1 Crown of 117 Sol. | |||
Florence | Ducats | 100 | 82 Crowns | ||
Naples | Ducats | 100 | 100 Ducates | ||
Lechi | Ducats | 100 | 100¼ Ducats | ||
Bari | Ducats | 100 | 99¼ Ducats | ||
Palermo | Ducat | 1 | Tarins 11. 2 | ||
Mesina | Ducat | 1 | Tarins 10. 18. | ||
Antw. & Col. | Ducat | 1 | 91 Grosses | ||
London | Ducat | 1 | 60 d. sterling. | ||
Valentia | Ducat | 1 | Sol. 7 6. | ||
Saragosa | Ducat | 1 | Sol. 17 8. | ||
Barcellona | Ducat | 1 | Sol. 17 10. | ||
Siv. al. Med. | Ducat | 1 | Marvedes 320. | ||
Lisbon | Ducat | 1 | Rates 350. | ||
Bollonia | Ducats | 115 | Ducatoons 100. | ||
Bergamo | Ducats | 100 | Ducatoons 117. | ||
Frankford | Ducats | 100 | Florins 127. | ||
Lucca | Ducats | 100 | Ducatoons 91. |
Vide Chap. 368. how these are calculated
CHAP. CCLXXXIII. Of the Exchanges of Florence, the Ducal City of Tuscany.
The Exchanges of Florence.IN Florence the Exchangers keep their Accounts in Livres, Solds, and Deniers, Picoli, and Exchange in Crowns, Sols, and Deniers.
The Moneys which is here called Picol, is the Money current of the place; the Crown is always worth Livres 7. Sol. 10. of Picol, wherein the Custom of other places is divers, in which the Crown of Gold, with the current Moneys, and here the variety is accorded by the Exchange.
They use also a Ducat, which is worth Livres 7. or else Bolonini 70.
In the use of Exchanging it giveth the broken Number to Lions, Placentia, Genoua Millan, and Venice, and to all others the entire or whole Number found to be either one Crown, or 100 Crowns.
Florence doth exchange with | Placentia | Crowns | 105 | for | 100 Crowns |
Lions | Crowns | 105½ | 100 Crowns | ||
Rome | Crowns | 100 | 96 Ducats | ||
Genoua | Crowns | 106 | 100 Crowns of Gold | ||
Millan | Crowns | 106½ | 100 Crowns of Gold | ||
Venetia | Crowns | 82½ | 100 Ducates | ||
Lucca | Crowns | 100 | 112 Ducatoons | ||
Naples | Crowns | 100 | 130 Ducats | ||
Lechi | Crowns | 100 | 129 Ducats | ||
Bari | Crowns | 100 | 129¼ Ducats | ||
Palermo | Crown | 1 | 28½ Carlins | ||
Mesina | Crown | 1 | 28⅓ Carlins | ||
Antw. & Col. | Crown | 1 | 118 Gross | ||
London | Crown | 1 | 80 Pence sterl. | ||
Valentia | Crown | 1 | 23 4 Sold. | ||
Saragosa | Crown | 1 | 23 6 Sol. | ||
Barcelona | Crown | 1 | 23 2 Sol. | ||
Siv. al. Med. | Crown | 1 | 432 Marvedes | ||
Lisbon | Crown | 1 | 460 Rais | ||
Bollonia | Crowns | 100 | 115½ Ducatoons | ||
Bergamo | Crowns | 100 | 115 Ducatoons | ||
Franckford | Crown | 1 | 89 Quarentins |
Vide Chap. 400 how these are calculated.
CHAP. CCLXXXIV. Of the Exchanges of Lucca, a Republick in Tuscany.
The Exchanges of Lucca.IN Lucca, Exchangers do keep their Accounts in Livres, Sol. and Deniers of Picols, and do change in Ducatoons, Sol. and Deniers: the Moneys here called Picols, is the current C [...] of the place. The Crown of Gold is always worth Liv. 7. Sol. 10. of Picols: as in Florence, the Ducatoon is worth 7 Livres of Picol, and is commonly called the Crown of Silver.
In the Custom of Exchanging, it giveth the broken Number to Placentia, Lions, Genous, Millan and Venetia, and to all other, the entire or whole, which is one Ducatoon or 100 Ducatoons.
Lucca doth Exchange with | Placentia | Ducate. | 117¼ | for | 100 Crowns |
Lions | Ducat. | 118¼ | 100 Crowns | ||
Rome | Ducat. | 119 | 100 Duc. | ||
Genoa | Ducat. | 118 | 100 Crowns of Gold | ||
Millan | Ducat. | 118½ | 100 Crowns of Gold | ||
Venetia | Ducat. | 92 | 100 Ducates | ||
Florence | Ducat. | 113 | 100 Crowns | ||
Naples | Ducat. | 100 | 114 Ducates | ||
Lucca | Ducat. | 100 | 114⅔ Ducates | ||
Bary | Ducat. | 100 | 115 Ducates | ||
Palermo | Ducat. | 1 | 24½ Carlins | ||
Mesina | Ducat. | 1 | 24½ Carlins | ||
Antw. & Col. | Ducat. | 1 | 102 Grosses | ||
London | Ducat. | 1 | 67 Pence Sterling | ||
Valentia | Ducat. | 1 | 20 Sol. | ||
Saragosa | Ducat. | 1 | 19. 10 Sol. | ||
Barselona | Ducat. | 1 | 19. 11 Sol. | ||
Siv. al. Med. | Ducat. | 1 | 365 Marvedes | ||
Lisbon | Ducat. | 1 | 35 Raies | ||
Bollonia | Ducat. | 100 | Ducatoons 100¼. | ||
Bergamo | Ducat. | 100 | Ducatoons 99½ | ||
Francfort | Ducat. | 1 | 85 Quarentins |
CHAP. CCLXXXV. Of the Exchanges of Naples, the Metropolis of that Kingdom.
The Exchanges of Naples.IN Naples, the Exchangers keep their Accompts in Ducates, Tarins, Grains, and Cavals, which are accounted in 5, 10, and 12 fol. The Ducate is 5 Tarins, or 100 Grains, or else 1200 Cavalles; the Tarine is accounted 20 Grains, or 240 Cavalles, and the Grain is 12 Cavalles. Besides which, there is in use another sort of Monies current, which are Carlins, Cinquins, and Torneses. The Carlin is 10 Grains, or half a Tarine; from whence 10 Carlius malteth the Ducate. The Cinque is 2½ Grains, of which, 4 maketh the Carline, and 40 the Ducate. The Tornese is 6 Cavalles, of which, 5 makes a Cinquine, 20 makes a Carline, 40 the Tarine, and 200 the Ducate.
In the Custom of Exchanging, it gives the broken number to all Italy and Lions, Palermo only excepted, and to all others it giveth the whole number, which is either one Ducate, or 100 Ducates.
Naples doth Exchange with | Placentia | Grains | 133 | for | 1 Crown |
Rome | Ducat. | 136 | 100 Duc. | ||
Lions | Grains | 135½ | 1 Crown | ||
Genoa | Grains | 135 | 1 Crown of Gold | ||
Millan | Duc. | 134½ | 100 Crowns of Gold | ||
Venetia | Duc. | 100½ | 100 Duc. | ||
Florence | Duc. | 131 | 100 Crowns | ||
Lucca | Duc. | 113½ | 100 Ducatoons | ||
Lechi | Duc. | 100 | 100¼ Ducates | ||
Bary | Duc. | 100 | 99¼ Ducate | ||
Palermo | Duc. | 1 | 174 Gra. of 8 Pic. | ||
Mesina | Duc. 96 of 6 Tar. | 100 Ducates | |||
Antw. & Col. | Ducate | 1 | 88 Grosses | ||
London | Ducate | 1 | 66½ Pence Sterling | ||
Valentia | Ducate | 1 | 18. 2 Sols | ||
Saragosa | Ducate | 1 | 18 Sols | ||
Barselona | Ducate | 1 | 17. 10 Sols | ||
Siv. al. Med. | Ducate | 1 | 330 Marvedes | ||
Lisbon | Ducate | 1 | 346 Raies | ||
Bolonia | Duc. | 114 | 100 Ducatoons | ||
Bergamo | Duc. | 100 | 88 Ducatoons | ||
Francfort | Duc. | 1 | 76 Quarentins. |
Vide Chap. 342. how these are calculated.
CHAP. CCLXXXVI. Of the Exchanges of Lechy in Calabria.
The Exchanges of Lechy.IN Lechy the Exchangers keep their Accompts, and have their Moneys as in Naples, the Mepolis of that Kingdom, which is in Ducates, Tarins, Grains, and Cavalies accounted in 5, 20 and 12, and in Exchanging it differs not much from the Custom of Naples, specified in the former Leaf.
Lechy doth Exchange with | Placentia | Grains | 134 | for | 1 Crown |
Lions | Grains | 136 | 1 Crown | ||
Rome | Grains | 135 | 1 Ducate | ||
Genoa | Grains | 135 | 1 Crown of Gold | ||
Millan | Grains | 134 | 1 Crown of Gold | ||
Venetia | Duc. | 101½ | 100 Ducates | ||
Florence | Duc. | 131 | 100 Crowns | ||
Lucca | Duc. | 116 | 100 Ducatoons | ||
Naples | Duc. | 102 | 100 Ducates | ||
Bary | Duc. | 100 | 100½ Ducates | ||
Palermo | Duccate | 1 | 22¼ Carlins | ||
Mesina | Duccate | 1 | 23 Carlins | ||
Antw. & Col. | Ducate | 1 | 87 Grosses | ||
London | Ducate | 1 | 61 Pence Sterl. | ||
Valentia | Ducate | 1 | 17. 10 Sols | ||
Saragosa | Ducate | 1 | 18 Sol. | ||
Barselona | Ducate | 1 | 18. 1 Sol. | ||
Siv. al. Med. | Ducate | 1 | 328 Marvedies | ||
Lisbon | Ducate | 1 | 348 Raies | ||
Bollonia | Grains | 115 | 1 Ducatoon | ||
Bergamo | Grains | 114 | 1 Ducatoon | ||
Francfort | Ducate | 1 | 75½ Quarentins. |
CHAP. CCLXXXVII. Of the Exchanges of Bary in Puglia.
The Exchanges of Bary.IN Bary their Accompts and Moneys are the same as are in use in Naples, mentioned in the former Leaf, and the Custom in Exchanging also, is near comformable thereto.
Bary doth Exchange with | Placentia | Grains | 133 | for | 1 Crown |
Lions | Grains | 135 | 1 Crown | ||
Rome | Grains | 137 | 1 Ducate | ||
Genoa | Grains | 134 | 1 Crown of Gold | ||
Millan | Grains | 134½ | 1 Crown of Gold | ||
Venice | Duc, | 101 | 100 Ducates | ||
Florence | Dac. | 130 | 100 Crowns | ||
Lucca | Duc. | 115½ | 100 Ducatoons | ||
Naples | Duc. | 101½ | 100 Ducates | ||
Lechi | Duc. | 100 | 99½ Ducates | ||
Palermo | Ducate | 1 | 22⅘ Carlins | ||
Mesina | Ducate | 1 | 23 Carlins | ||
Antw. & Col. | Ducate | 1 | 88 Grosses | ||
London | Ducate | 1 | 62 Pence Sterling | ||
Valentia | Ducate | 1 | Sol. 18 | ||
Saragosa | Ducate | 1 | Sol. 17. 10 | ||
Barselona | Ducate | 1 | Sol. 18. 2 | ||
Siv. al. Med. | Ducate | 1 | 330 Marved. | ||
Lisbon | Ducate | 1 | 345 Raies | ||
Bolonia | Grains | 114 | 1 Ducatoon | ||
Bergamo | Grains | 112 | 1 Ducatoon | ||
Francfort | Ducate | 1 | 75 Quarentines. |
CHAP. CCLXXXVIII. Of the Exchanges of Palermo, in Sicilia.
The Exchanges of Palermo.IN Falermo Exchangers keep their Accompts in Ounces, Tarins, Grains, and Pichols, the which is successively accounted in 30, 20, and 6; and others there be that keep their Accompts in Crown of Monies, in Tarins, Grains, and Pichols, and these account it by 12, 20, ann 6. The Ounce is 30 Tarins, or 600 Grains, or 3600 Pichols; the Tarin is 20 Grains, or 120 Pichols, and the Grain is 6 Pichols. Besides which there is a Crown in Monies, which is 12 Tarins or 2 [...]0 Grains, or 440 Pichols, the Ducate is 13 Tarins or else 260 Grains, or 1560 Pichols; the Florin is 6 Tarins, or 120 Grains, or 720 Pichols; the Carlin is ½ a Tarin, or 10 Grains, or 60 Pichol. In the Custom of Exchanging it giveth the broken number to all Italy, and to Lions, and to all other places it giveth the whole number, which is sometimes one Ducate, or one Florin, or 1 Ounce, or one hundred Ounces.
Palermo doth Exchange with | Placentia | Carl. | 29⅓ | for | 1 Crown |
Lions | Carl. | 29½ | 1 Crown | ||
Rome | Carl. | 29¼ | 1 Ducate | ||
Genoa | Carl. | 29½ | 1 Crown of Gold | ||
Millan | Carl. | 29⅗ | 1 Crown of Gold | ||
Venetia | Carl. | 24¼ | 1 Ducate | ||
Florence | Carl. | 28 | 1 Crown | ||
Lucca | Carl. | 25 | 1 Ducatoon | ||
Naples gra. di. pic. | 172 | 1 Ducate | |||
Lechy | Carl. | 23 | 1 Ducate | ||
Bari | Tarin. | 118 | 1 Ducate | ||
Mesina | Ounce | 100 | 101½ Ounces | ||
Antw, & Col. | Ducate | 1 | 106 Grosses | ||
London | Ducate | 1 | 73 Pence Sterling | ||
Valentia | Florin | 1 | 9. 8 Sols. | ||
Saragosa | Florin | 1 | 9. 10 Sol. | ||
Barselona | Florin | 1 | Sol. 9. 7 | ||
Siv. al. Med. | Florin | 1 | 185 Marved. | ||
Lisbon | Florin | 1 | 196 Raies | ||
Bolonia | Carl. | 25 | 1 Ducatoon | ||
Bergamo | Carl. | 25¼ | 1 Ducatoon | ||
Frankfort | Ducate | 1 | 89 Quarentines. |
Vide Chap. 419. how these are calculated.
CHAP. CCLXXXIX. Of the Exchanges of Mesina, in the Fair of Sicilia.
The Exchanges of Mesina.IN Mesina, the Accompts are kept, and the Monies that are current are the same as in Palermo aforementioned, only excepting in the Exchange thereof with Naples, it giveth a whole Number, which are found to be of 100 Ducates.
This place and Palermo are accounted to Exchange with Placentia or Lions, to give more one Carlin per Ounce, by the name of making good the Monies; so that he that here is to pay Money by Exchange for the said places, must pay 61 Carlins per Ounce.
Mesina doth Exchange with | Placentia | Carl. | 29¼ | for | 1 Crown |
Lions | Carl. | 29½ | 1 Crown | ||
Rome | Carl. | 29⅜ | 1 Ducate | ||
Genoa | Carl. | 29½ | 1 Crown of Gold | ||
Millan | Carl. | 29½ | 1 Crown of Gold | ||
Venetia | Carl. | 22½ | 1 Ducate | ||
Florence | Carl. | 28¼ | 1 Crown | ||
Lucca | Carl. | 25½ | 1 Ducatoon | ||
Naples | Duc. | 100 | 96½ Duc. of 6 Tarins | ||
Lechy | Turin. | 11. 14 | 1 Ducate | ||
Bary | Carl. | 23½ | 1 Ducate | ||
Palermo | Ounce | 100 | 102 Ounces | ||
Antw. & Col. | Ducate | 1 | 107 Grosses | ||
London | Ducate | 1 | 72 Pence Sterling. | ||
Valentia | Florin | 1 | Sol 9. 9 D. | ||
Saragosa | Florin | 1 | Sol 9. 10 D. | ||
Barselona | Florin | 1 | Sol 9. 8 D. | ||
Siv. al. Med. | Florin | 1 | 190 Marved. | ||
Lisbon | Florin | 1 | 200 Raies | ||
Bollonia | Carlins | 25¼ | 1 Ducatoon | ||
Bergamo | Carlins | 25 | 1 Ducatoon. | ||
Francfort | Ducate | 1 | 90 Quarentins |
Vide Chap. 419. how these are calculated.
CHAP. CCXC. Of the Exchanges of Antwerp in Brabant, and Collen in Germany the Lower.
The Exchanges of Antwerp and Colonia.IN both these places the Exchangers keep their Accompts in Livres, Sols, and Deniers of Grosses, so that their Grosses are there accounted, as their Deniers or Pefening
And in the Custom of the Exchanges of these two places, they give the broken number to all other places, London only excepted, which they give not by the Gross, but by the Sol. or Shillings.
Antwerp and Colonia doth Exchange with | Placentia | Gross | 125 | for | 1 Crown |
Lions | Gross | 128 | 1 Crown | ||
Rome | Gross | 130 | 1 Ducate | ||
Genoa | Gross | 129 | 1 Crown of Gold | ||
Millan | Gross | 127 | 1 Crown of Gold | ||
Venetia | Gross | 94½ | 1 Ducate | ||
Florence | Gross | 112 | 1 Crown | ||
Lucca | Gross | 104 | 1 Ducatoon | ||
Naples | Gross | 91 | 1 Ducate | ||
Lecchi | Gross | 90½ | 1 Ducate | ||
Bary | Gross | 91 | 1 Ducate | ||
Palermo | Gross | 107½ | 1 Ducate | ||
Mesina | Gross | 107 | 1 Ducate | ||
London | Sold. | 34½ | 1 Pound Sterling | ||
Valentia | Gross | 107 | 1 Ducate | ||
Saragosa | Gross | 109 | 1 Ducate | ||
Barselona | Gross | 112 | 1 Ducate | ||
Siv. al. Med. | Gross | 106¼ | 1 Ducate | ||
Lisbon | Gross | 102 | 1 Ducate | ||
Bolonia | Gross | 104 | 1 Ducatoon | ||
Bergamo | Gross | 105 | 1 Ducatoon | ||
Francfort | Gross | 78 | 1 Floren of 65 quar. |
Vide Chap. 435. how these are calculated.
CHAP. CCXCI. Of the Exchanges of London, the Metropolis of England.
The Exchanges of London.IN London, and throughout all England, Exchangers keep their Accompts in Pounds, Shillings, and Pence Sterling, and cast it up, as in other places, by Livres, Sols, and Deniers by 12 and 20. And in the custom of Exchanging, it giveth the Exchange to all places by the broken number of Pence Sterling, Antwerp and Colonia only excepted, with which two places it Exchangeth by the Pound of Sterling Money, above specified.
London doth Exchange with | Placentia | Sterl. Pence | 64 | for | 1 Crown |
Lions | Pence | 64 | 1 Crown | ||
Rome | Pence | 66 | 1 Ducate | ||
Genoa | Pence | 65 | 1 Crown of Gold | ||
Milan | Pence | 64¾ | 1 Crown of Gold | ||
Venetia | Pence | 50 | 1 Duc. in Banco | ||
Florence | Pence | 61 | 1 Crown | ||
Lucca | Pence | 53½ | 1 Ducatoon | ||
Naples | Pence | 50 | 1 Ducate | ||
Lechy | Pence | 50½ | 1 Ducate | ||
Bary | Pence | 51 | 1 Ducate | ||
Palermo | Pence | 57½ | 1 Ducate | ||
Mesina | Pence | 56½ | 1 Ducate | ||
Antw. & Col. | Poun. Sterl. | 1 | 34½ Shill. Flem. | ||
Valentia | Pence | 57½ | 1 Ducate | ||
Saragosa | Pence | 59 | 1 Ducate | ||
Barselona | Pence | 64 | 1 Ducate | ||
Siv. al. Med. | Pence | 58½ | 1 Ducate | ||
Lisbon | Pence | 53½ | 1 Ducate | ||
Bolonia | Pence | 53⅓ | 1 Ducatoon | ||
Bergamo | Pence | 52 | 1 Ducatoon | ||
Francfort | Pence | 59½ | 1 Florin |
Vide Chap. 443. how these are calculated.
CHAP. CCXCII. Of the Exchanges of Valentia, the Metropolis of Valentia.
The Exchanges of Valentia.IN Valentia, and in all the Kingdoms of Valentia, in Spain Merchants do keep their Accompts in Livres, Solds, and Deniers; the current Moneys of the place, are Rials and Deniers, and Ricls ten are accounted for a Livre, so that half a Rial is a Soldo; the Ducate is here imaginary, and accounted for 10½ Rials, and accounted 21 Sols.
In the custom of Exchanges of this place, it giveth the broken number to all Italy, Spain, and Germany, and to all other places the intire number, either of one Ducate or 100 Ducates.
The Castiliano is also here found in use for an imaginary Coin, in the ancient custom of Exchanging with Sevil, and accounted worth 27 Sol. 4 Deniers.
Valentia doth Exchange with | Placentia | Sol. | 23. 6 | for | 1 Crown |
Lions | Sol. | 23. 8 | 1 Crown | ||
Rome | Sol. | 24. 2 | 1 Ducate | ||
Genoa | Sol. | 23 10 | 1 Crown of Gold | ||
Millan | Sol. | 23. 9 | 1 Crown of Gold | ||
Venice | Sol. | 17. 10 | 1 Ducate | ||
Florence | Sol. | 23. 0 | 1 Crown | ||
Lucca | Sol. | 20. 2 | 1 Ducatoon | ||
Naples | Sol. | 18. 0 | 1 Ducate | ||
Lechy | Sol. | 18. 2 | 1 Ducate | ||
Bary | Sol. | 18. 1 | 1 Ducate | ||
Palermo | Sol. | 9. 6 | 1 Florin. | ||
Mesina | Sol. | 9. 7 | 1 Florin. | ||
Antw. & Col. | Ducate | 1 | 106 Grosses | ||
London | Ducate | 1 | 72½ Pence Sterl. | ||
Saragosa | Ducat. | 100 | 102 Ducates | ||
Barselona | Ducat. | 100 | 101½ Ducates | ||
Siv. al. Med. | Sol. | 20. 3 | 1 Ducate | ||
Lisbon | Ducate. | 100 | 100⅓ Ducates | ||
Bollonia | Sol. | 20. 3 | 1 Ducatoon | ||
Bergamo | Sol. | 20. 4 | 1 Ducatoon | ||
Francfort | Sol. | 14 | 1 Florin |
Vide Chap. 426. how these are calculated.
CHAP. CCXCIII. Of the Exchanges of Saragosa, in Catalonia.
The Exchanges of Saragosa.IN Saragosa, Merchants keep their Accompts as in Valentia aforementioned, and have the same Monies, saving that the Ducate passeth here in account for 22 Sols, or 11 Rials.
In the Custom of Exchanging, it giveth the broken number to all Italy, and to all the rest the whole number, which is found to be either one Ducate or 100 Ducates.
Saragosa doth Exchange with | Placentia | Sol. | 23. 8 | for | 1 Crown |
Lions | Sol. | 23. 11 | 1 Crown | ||
Rome | Sol. | 24. 3 | 1 Ducate | ||
Genoa | Sol. | 23. 9 | 1 Crown of Gold | ||
Millan | Sol. | 23. 8 | 1 Crown of Gold | ||
Venetia | Sol. | 17. 9 | 1 Ducate | ||
Florence | Sol. | 22. 10 | 1 Crown | ||
Lucca | Sol. | 20. 1 | 1 Ducatoon | ||
Naples | Sol. | 17. 10 | 1 Ducate | ||
Lechi | Sol. | 18. 1 | 1 Ducate | ||
Bary | Sol. | 18. 0 | 1 Ducate | ||
Palermo | Sol. | 9. 8 | 1 Florin | ||
Mesina | Sol. | 9. 9 | 1 Florin. | ||
Antw. & Col. | Duc. | 1 | 105 Grosses | ||
London | Duc. | 1 | 73 Pence Sterling | ||
Valentia | Duc. | 100 | 103 Ducates | ||
Barselona | Duc. | 100 | 102 Ducates | ||
Siv. al. Med. | Duc. | 100 | 105 Ducates | ||
Lisbon | Duc. | 100 | 108 Ducates | ||
Belonia | Sol. | 20. 2 | 1 Ducatoon | ||
Bergamo | Sol. | 20. 1 | 1 Ducatoon | ||
Francfort | Duc. | 1 | 95 Quarentins. |
Vide Chap. 426. how these are calculated.
CHAP. CCXCIV. Of the Exchanges of Barselona the Metropolis of Catalonia.
The Exchanges of Barselona.IN Barselona, the use of Accompt keeping, and the Monies are the same as is specified in Valentia, excepting, that the Ducate is here accounted Sol. 24, which is twelve single Rials.
In the Custom of Exchanging, this place giveth the broken number to all other places, excepting to Antwerp, Colonia, London, Lisbon, and Germany, to which it giveth the whole number, which is found to be either one Ducate or 100 Ducates.
Barselona doth Exchange with | Placentia | Sold. | 23. 10 | for | 1 Crown |
Lions | Sol. | 24 | 1 Crown | ||
Rome | Sol. | 24. 4 | 1 Ducate | ||
Genoa | Sol. | 24. 2 | 1 Crown of Gold | ||
Milan | Sol. | 24. 1 | 1 Crown of Gold | ||
Venice | Sol. | 18. 2 | 1 Ducate | ||
Florence | Sol. | 23. 0 | 1 Crown | ||
Lucca | Sol. | 20. 2 | 1 Ducatoon | ||
Naples | Sol. | 18. 3 | 1 Ducat. | ||
Lechy | Sol. | 18. 2 | 1 Ducat. | ||
Bary | Sol. | 18. 1 | 1 Ducat. | ||
Palermo | Sol. | 9. 10 | 1 Florin | ||
Mesina. | Sol. | 9. 9 | 1 Florin | ||
Antw. & Col. | Ducate | 1 | 103 Grosses | ||
London | Ducate | 1 | 72 Pence Sterling. | ||
Valentia | Duc. | 103 | 100 Ducates | ||
Saragosa | Duc. | 104 | 100 Ducates | ||
Siv. al. & Med. | Duc. | 106 | 100 Ducates | ||
Lisbon | Duc. | 100 | 104 Ducates | ||
Bolonia | Sol. | 20 | 1 Ducatoon | ||
Bergamo | Sol. | 20. 2 | 1 Ducatoon | ||
Francfort | Ducate | 1 | 9 Quarentins. |
Vide Chap. 426. how these are calculated.
CHAP. CCXCV. Of the Exchanges of Sevil, Alcala, Medina del Campo, and other places in Castilia.
The Exchanges of Sevil, Alcala, Medina del Campo, &c.IN these parts, and generally throughout Spain, Merchants do keep their Accompts in Marvedies; yet notwithstanding, for the benefit of Exchanging, they have an imaginary Ducate, which Ducate is accounted 375 Marvedies. The Crown of Gold is ever worth 400 Marvedies, and the single Rial ever worth 34 Marvedies.
In the Custom of Exchanging, this place giveth the broken number to all Italy and Liens, but to all other places the whole number, found to be either simply the single Ducate, or 100 Ducates.
There is also of old in use an imaginary Coin called the Castiliano, wherewith these places do Exchange with Valentia, and is 485 Marvedies.
Sevil, Alcala, and Medina doth Exchange with. | Placentia | Marued. | 440 | for | 1 Crown |
Lions | Marved. | 445 | 1 Crown | ||
Rome | Marved. | 450 | 1 Ducate | ||
Genoa | Marved. | 442 | 1 Crown of Gold | ||
Millan | Marved. | 438 | 1 Crown of Gold | ||
Venice | Marved. | 330 | 1 Ducate | ||
Florence | Marved. | 430 | 1 Crown | ||
Lucca | Marved. | 370 | 1 Ducatoon | ||
Naples | Marved. | 337 | 1 Ducat. | ||
Lechy | Marved. | 334 | 1 Ducat. | ||
Bari | Marved. | 333 | 1 Ducat. | ||
Palermo | Marved. | 180 | 1 Florin. | ||
Mesina | Marved. | 175 | 1 Florin. | ||
Antw, & Col. | Ducate | 1 | 105 Grosses | ||
London | Ducate | 1 | 72 Pence Sterl. | ||
Valentia | Ducate | 1 | Sol 19. 8. | ||
Saragosa | Ducates | 100 | 104½ 1 Ducat. | ||
Barselona | Ducates | 100 | 108 Ducat. | ||
Lisbon | Ducates | 100 | 109 Ducat. | ||
Belonia | Marved. | 372 | 1 Ducatoon | ||
Bergamo | Marved. | 368 | 1 Ducatoon | ||
Frankfort | Ducate | 1 | 88 Quarentins. |
Vide Chap. 426. how these are calculated.
CHAP. CCXCVI. Of the Exchanges of Lisbon in Portugal.
The Exchanges of Lisbon.IN Lisbon and throughout Portugal, Merchants Accounts are kept in Raies, beside which, they have an imaginary Ducate, which is accounted for four hundred Raies.
In the Custom of Exchanging, this place giveth a whole number to Anvers, Colonia, London, and Germany, which is only upon the said one Ducate, and to all other places it giveth on Exchange by a broken number.
Lisbon doth Exchange with | Placentia | Res | 472 | for | 1 Crown |
Lions | Res | 480 | 1 Crown | ||
Rome | Res | 483 | 1 Ducate | ||
Genoa | Res | 476 | 1 Crown of Gold | ||
Milan | Res | 495 | 1 Crown of Gold | ||
Venetia | Res | 354 | 1 Ducate | ||
Florence | Res | 465 | 1 Crown | ||
Lucca | Res | 397 | 1 Ducatoon | ||
Naples | Res | 350 | 1 Ducate | ||
Lechy | Res | 352 | 1 Ducate | ||
Bary | Res | 348 | 1 Ducate | ||
Palermo | Res | 190 | 1 Florin | ||
Mesina | Res | 193 | 1 Florin | ||
Antw. & Col. | Ducate | 1 | 104 Grosses | ||
London | Ducate | 1 | 69 d. sterl. | ||
Valentia | Duc. | 105 | 100 Ducates | ||
Saragosa | Duc. | 104¼ | 100 Ducates | ||
Barselona | Duc. | 103⅓ | 100 Ducates | ||
Siv. al. & Med. | Duc. | 106 | 100 Ducates | ||
Bolonia | Res | 400 | 1 Ducatoon | ||
Bergamo | Res | 388 | 1 Ducatoon | ||
Francfort | Duc. | 1 | 89 Quarentines. |
CHAP. CCXCVII. Of the Exchanges of Bolonia in Italy.
The Exchanges of Bolonia.IN Bolonia some are found to keep their Accompts in Livres, Sols, and Deniers, and others in Ducatoons, Sols, and Deniers. And in the Custom of Exchanging, this place giveth the broken number to Placentia, Lions, Rome, Genoa, Millan, Florence, and Lucca, and to all the others the whole number, which is the Ducatoon, either one or one hundred.
Bollonia doth exchange with | Placentia | Ducat. | 117 | for | 100 Crowns |
Lions | Ducat. | 119¼ | 100 Crowns | ||
Rome | Ducat. | 120 | 100 Ducats | ||
Genoua | Ducat. | 118 | 100 Crowns of Gold | ||
Millan | Ducat. | 117 | 100 Crowns of Gold | ||
Venetia | Ducat. | 100 | 114½ Ducats | ||
Florence | Ducat. | 116 | 100 Crowns | ||
Lucca | Ducat. | 101 | 100 Ducatoons | ||
Naples | Ducat. | 100 | 113½ Ducats | ||
Lechi | Ducat. | 1 | 112 Grains | ||
Bari | Ducat. | 100 | 112½ Ducats | ||
Palermo | Ducat. | 1 | 24½ Carlins | ||
Mesina | Ducat. | 1 | 24⅓ Carlins | ||
Antw. & Col. | Ducat. | 1 | 103 Grosses | ||
London | Ducat. | 1 | 67 d. sterling. | ||
Valentia | Ducat. | 1 | Sol. 20. 2 d. | ||
Saragosa | Ducat. | 1 | Sol. 20. 0. | ||
Barcellona | Ducat. | 1 | Sol. 20. 1 d. | ||
Siv. al. Med. | Ducat. | 1 | 370 Marvedes | ||
Lisbon | Ducat. | 1 | 395 Raies | ||
Bergamo | Ducat. | 100 | 101 Ducatoons | ||
Frankford | Ducat. | 1 | 87 Quarentins |
CHAP. CCXCVIII. Of the Exchanges of Bergamo in Lombardy.
The Exchanges of BergamoIN Bergamo, Merchants Accounts are kept in Livres, Sols, and Deniers of Picolis, and the Exchanges in Ducatoens, Sols, and Deniers. The Money of Picoli is the current Coin of the place, and the same as is in use in Venetia. The Ducatoon is worth 7 Livres of Picolis, so that 1 Sol of Ducatoon, is worth 7 Sol of Picolis; so likewise the Denier of Ducatoon, is worth 7 Deniers of Picoli.
In the Custom of Exchanging, this place giveth the broken Number to Placentia, Lions, Rome, Gencua, Millan, Venetia, Florence, Lucca, Naples, and Bollonia, and all other places the whole Number which is found to be the Ducatoon.
Bergamo doth exchange with | Placentia | Ducat. | 117¼ | for | 100 Crowns |
Lions | Ducat. | 117½ | 100 Crowns | ||
Rome | Ducat. | 118 | 100 Ducats | ||
Genoua | Ducat. | 117¾ | 100 Crowns of Gold | ||
Millan | Ducat. | 117¾ | 100 Crowns of Gold | ||
Venetia | Ducat. | 87 | 100 Ducat. | ||
Florence | Ducat. | 111½ | 100 Crowns | ||
Lucca | Ducat. | 100¾ | 100 Ducat. | ||
Naples | Ducat. | 88½ | 100 Ducat. | ||
Lechi | Ducatoon | 1 | 112 Grains | ||
Bari | Ducatoon | 1 | 110 Grains | ||
Palermo | Ducatoon | 1 | 25 Carlins | ||
Mesina | Ducatoon | 1 | 24½ Carlins | ||
Antw. & Col. | Ducatoon | 1 | 104 Grosses | ||
London | Ducatoon | 1 | 67 d. sterl. | ||
Valentia | Ducatoon | 1 | Sol. 20 | ||
Saragosa | Ducatoon | 1 | Sol. 20. 1 d. | ||
Barcelona | Ducatoon | 1 | Sol. 20. 2 d. | ||
Siv. al. Med. | Ducatoon | 1 | 370 Marvedes | ||
Lisbon | Ducatoon | 1 | 390 Raies | ||
Bollonia | Ducat. | 100⅛ | 100 Ducatoons | ||
Franckford | Ducatoon | 1 | 86 Quarentins |
CHAP. CCXCIX. Of the Exchanges of Franckford, Norimberg, Augusta, and Vienna in Germany.
The Exchanges of Franckford, Norimberg, Augusta, and Vienna.IN these places, Merchant are found to keep their Accounts in Florins, Sols, and Deniers, as by 20 and 12, the Florins being 20 Sols, or 60 Quarentins. The Quarentin is in some places called the Craizer, which is 4 Pfenings, so that 12 Pfenings makes one Sol.
In the Custom of Exchanging, these places give the whole Number, which is the Florin, to London, Antwerp, Colonia, and Valentia, and to all others gives the broken Number, which is the Quarentin.
Franckford, Norimberg, Augusta and Vienna, do exchange with | Placentia | Quarentins | 102 | for | 1 Crown |
Lions | Quarentins | 103 | 1 Crown | ||
Rome | Quarentins | 104 | 1 Ducat | ||
Genoua | Quarentins | 101 | 100 Ducats | ||
Millan | Quarentins | 102½ | 1 Crown of 4 l. current. | ||
Venice | Flor. | 126 | 1 Crown of Gold | ||
Florence | Quarentins | 96 | 100 Ducats | ||
Lucca | Quarentins | 86 | 1 Crown | ||
Naples | Quarentins | 77 | 1 Ducatoon | ||
Lechi | Quarentins | 77 | 1 Ducat | ||
Bari | Quarentins | 78 | 1 Ducat | ||
Palermo | Quarentins | 90 | 1 Ducat | ||
Mesina | Quarentins | 89 | 1 Ducat. | ||
Antw. & Col. | Flor. of 65 quar. | 1 | 80 Grosses | ||
London | Florin | 1 | 50 Pence sterling. | ||
Valentia | Florin | 1 | Sol. 13. 8 d. | ||
Saragosa | Quarentins | 96 | 1 Ducat. | ||
Barcelona | Quarentins | 97 | 1 Ducat. | ||
Siv. al. Med. | Quarentins | 87 | 1 Ducat. | ||
Lubon | Quarentins | 86 | 1 Ducat. | ||
Bollonia | Quarentins | 88 | 1 Ducatoon | ||
Bergamo | Quarentins | 87 | 1 Ducatoon. |
CHAP. CCC. Of the Terms of Payments in general of Bills of Exchange.
The terms of payment of Bills of Exchange, five.TO make these Tables compleat, and the Rules of these Exchanges to be truly and rightly understood, it is observable, that as all Exchanges have a settled Rate and Price, by which the Taker taketh, and the Giver by Covenant giveth it; so is there likewise a certain positive term and time limited, wherein, and at which day expired, the Factor of the Taker, or his Assign, repayeth the covenanted Sum to the Factor or Assign of the Giver thereof, which term o [...] time is of differing space of days prefixed. The common term or times by which all Bills in Exchanges are made, are found usually to be five; which is, first, at sight of the Bill; secondly, at Usance; thirdly at double Usance; fourthly, at half Usance; fifthly, at Marts, Fairs, &c. which five Terms in Exchanges are thus understood.
1. At Sight.First then, at sight, or so many days after sight, is understood to be so long a term or time, as the Bill of Exchange will be after the delivery going to that place, where it is covenanted that the same should be paid; and upon the shew and sight thereof, or at so many days after, as is specified therein, it must be paid and answered accordingly.
2. At Usance.Secondly, at Usance, is understood to be of a different term and space of time, sometimes consisting of 8 days, as from Rome to Naples; sometimes of 10 days, as from Genoua to Rome; sometimes of 30 days, as from London to Rouen, to Antwerp, to Middleburgh, to Amsterdam, and so to other places; sometimes of 60 days, or two months, as from London to Hamburgh, from Antwerp to Rome, and to Venice, and to Florence, to Naples, to Palermo, and so to other places: Sometimes again, Usance is understood to be 90 days, or three months, as from London to Venice, Florence, Naples, &c. according to the several Customs of the said distant several places, where the Bills of Exchanges are made, and ever accounted from the date of the said Bill.
[Page 331] 3. At double Usance.Thirdly, at double Usance; which considering the said places, is understood to be double; the former spaces of single Usance, being either of 8, 10, 30, 60, or 90 days doubled, according to the Custom of the place where the Bill is made, and accounted also from the date of the said Bill.
4. At half UsanceFourthly, at half Usance; this is understood to be half the abovesaid limited term or time, according as (as I said before) to the common Custom of that place where the Bill is made, and accounted also from the date of the Bill.
5. At Fairs and Marts.Fifthly, at Marts or Fairs, which by Italians and Spaniards is called La Fiera and this space of time for payment of Bills is understood to be at some certain days, accounted for Fairs in the said places where the Bills are made to be payable, as is found in Placentia quarterly four times of the year; the like observed generally in Lions, and in Castile at three times of the year, accounted as in three Banks, 1. I' las Fieras de Vilaleon, 2. de Medina del Campo, 3. de Medina del Rio Sicco, which places are as publick Marts whereunto Merchants do use to give and take, sometimes to benefit themselves by Exchanges, as in the abovesaid places, and sometimes to buy Commodities, and supply their occasions, as is used twice a year for some Marts in Germany, as I have touched more largely in the Description of the Trade of the said Cities.
CHAP. CCCI. How the Rates and Prices in Exchanges are settled.
How the Rates and Prices of Exchangers are settled.THE next thing considerable yet to be handled, for the explanation of these Tables of Exchanges, is the Rate and Price it self; for seeing that so many Merchants of great eminence, whose Estates are continually traversed from one Country to another, and from one Coin to another, do daily and constantly give and take as their occasion, and the Rates of the Exchanges conduce to their Profit, it may be conceived, that their great Purses should prescribe the Rule and Rate thereto, which is seen so variously to alter, and daily to rise and fall by the continual current of those and others that use this Mystery, yet notwithstanding, not found that they have any determinate Power or Stroke in giving the Price thereto: though it must be confessed, that such have a conducing hand, so far forth as it may be [...]ound that their Opinion concurs with the universal Opinions of the rest, interessed in this mystical body of Exchanges. And therefore to explain my self, it may fitly here be demanded, how those Rates and Prices of Exchanges come to be set, and then continued, or how it comes to pass that the same are seen so frequently to vary and alter in forein Parts? Whereto I answer, That the Bankers in Italy, Spain and France, being now a days found to be the only great takers and deliverers of Moneys, have at the times of Payments of Exchanges in the principal places aforesaid, (as namely, a [...] Lions in France, Madrid, and in other places of Spain, Florence, Genoua, Venetia, and such other places in Italy) a constant meeting, and there by certain Tickets in writing, deliver every Man his Opinion, what the Price of the Exchange ought to be for all places: Then exchanging for the next Fair or time of payment in every the said places, and according to the same, the Calculation is cast up by the Medium; that is to say, if there be seven or more Voices or Tickets, the said seven are added together, and the seventh part is the medium; and if there be ten, then the ten being cast up, the tenth part is the medium, and so for greater or lesser numbers accordingly: wherein it is to be noted, that these Bankers do observe how the plenty of Moneys lieth by Exchange, how the occasions of Princes may help or hinder, either by great Receipts, or great Disbursements; how the Trade and Commerce of the Negotiators and Merchants is concurrent and effective; and therein they are found to concur in setting the said Rates and Prices for their own Commodity and Advantage: And from this Spring is observed to rise the main Ocean of all the Exchanges of Christendom, in which this our Country of England hath but a small share, as being only a Branch derived from the principal Channel.
CHAP. CCCII. Of the Par in Exchanges.
Of the Par in Exchanges, which is two.THE next thing observable here, is the Loss and Gain accruing by these Exchanges practised amongst Merchants: To distinguish which, and for the finding out the reality thereof, every Giver or Taker applieth his study to find out the true and real Par of Exchanges; whereby it is manifested, both what the Gain and Loss is, and who is Gainer, and who is the [Page 332]Loser. Now this Par in Exchanges may be here properly (in the general) said to be of two distinct kinds; the one as appertaining to the State and Prince, and belonging to the Profit and Loss of the Kingdom; and the other to the Merchant or Exchanger, and appertaining to the Profit and Loss of his private Estate and Interest: The first I hold proper, and fit the knowledge of Counsellors and Statesmen; and the other is proper and fit the knowledge of the Trading-Merchant, the finding out of both which Pars in Exchanges, is thus.
1. Princes Par.The first Par in Exchanges, which I term here the Prince's Par, or the Sovereign's Value for Value, is grounded upon the weight, fineness and valuation of the Moneys of each several Kingdom, City, or Place; the several Standards thereof so equally, proportioned, so truly and justly by the Art of the Mint rectified, that each Prince his Coin in Exchanges may have its due allowance, according to the goodness and fineness, coarsness and badness thereof: and therefore herein to make and to settle this above-named Par exactly betwixt one Kingdom and another, we are to examine and compare, not only the weight and fineness of our own Coins as they are in themselves, but also the weight and fineness of those of other Princes and Countries, with the real proportion that happeneth therein, not only between our own Gold and Silver, but also between the Gold and Silver of other Countries. This examination, comparison and proportion, duly, rightly and really examined, compared and proportioned, and no difference, inequality or disproportion, found or admitted therein, then may our Exchanges run at one and the same Price and Rate both for Gold and Silver, taking the denomination according to the valuation of the Money of each Country and Kingdom, hereby finding how much fine Silver or Gold our own Pound sterling containeth, and what quantity of other Moneys, either of France, Italy, Germany, Netherlands, Eastland, &c. this Kingdom is to have in Exchange, to countervail the same in the weight and fineness, answerable to our own, be it by the Pound, Dollar, Ducat, Crown, or any other real or imaginary Coin, giving always a Value for Value, and receiving the like; which, by reason of the great Consequence depending thereon, I here call the Prince his Par, in the Exchanges of his Moneys by Bills of Exchange with other Countries and Kingdoms.
2. Merchants Par.The second Par, I call the Merchants or Exchangers Par in Bills of Exchange, and is grounded partly upon the Sovereign or Prince's Par above-mentioned, but principally upon the current value of the said Coins, the plenty and scarcity thereof, the rising and falling, inhansement and debasement of the same: and therefore such Merchants as are Exchangers, do endeavour by certain Rules of Exchanges to equalize the valuation of the Moneys of one Prince or Country with another. And therefore every Man that delivereth his Money in one Country or Place, to have it in another, is, and ought to be ever curious, to understand either the Loss or Gain that cometh thereof, which is only and properly distinguished by the knowledge and finding out this Par afore-mentioned. For finding out of which, it is requisite for him that remitteth, to know either by his own Advice, Judgment, or otherwise, how much the Crown, Dollar, Ducat, or Pound whence he remitteth, is worth in the place whither he would make his remittance unto. As for Example, having Money in Lions in France, which I would remit for Antwerp, I ought to know how much the Crown of France is really worth in Antwerp: as presuppose, that the Crown of France, of 67 Sols, or 3 l. 7 Sols Turn [...], is worth by Exchange, according to the course thereof, 100 Grosses there; I would then know, what a real Crown of 60 Sols or 3 l. Turnois (the Crown wherein Exchanges are made) is worth? multiplying and dividing as the Rule requireth it, it will appear to be Sols 89 [...]/67 Gross, which is indeed the true value of the Crown: if then the Bill of Exchange be made for less than 89 [...]/67 Gross per Crown of 3 l. Turnois, there is a loss thereby; and if for more, there is a Gain thereby: so that it is hereby evident, that 89 [...]7/67 Gross is the Par in Exchanges between these two Countries, in the Crown of France, and in the Gross of Antwerp; the which Rule may serve as an Example in Remittances for all other places: for it is not otherwise to be imagined, that any positive Rule can be set down herein, considering the diversity of species, which, as I said before, daily riseth and falleth, and the Price of the Exchanges, which every day, according to presenting occasions, likewise altereth, found to be sometimes at one Rate, and sometimes at another. And this Par is the matter whereupon all Merchants Exchanges for Profit and Loss is grounded, and is the Par, or Value for Value, which in this following Tract I principally and fundamentally aim at.
Now the last thing considerable in this place, and now to be observed, is the method, form and manner, how the Accounts of these divers Exchanges from one Country to another, is between one Merchant and another cast up and calculated; which indeed principally is the work of the Pen and Hand of the A [...]ithmetician, which as a necessary adjunct, and needful furtherance to the mystery of Exchanging, I have hereto inserted, and have herein pitched upon the principal places here mentioned, willingly omitted the least and rest of them, having fitted (to such as I have conceived the most worthy) apt Questions and their Solutions, from one Town or City to another, with the denomination of their [Page 333]several Accounts and Species, the manner of the brief calculations thereof, and the short proof of each prescribed Rule and Position, adding for conclusion to each general City of Exchanges, some Examples of Orders and Commissions, given and received, in Draughts and Remittances, made according to the common Custom and use of the place, omitting some other principal Points wherein I might have enlarged both this Matter and Subject, that the ingedious Head and Hand of the Learner may have room and scope to work upon, according either to his Desire, Capacity, or Inclination.
CHAP CCCIII. Of Examples upon the Exchanges practised at Lions, and how the the same are calculated.
Examples upon Exchanges in Lions.I Have formerly noted, that the payments of Bills of Exchanges at Lions is only in use four times a year, which are, first,
- 1. The payment of Roys, beginneth the 6th. of March after their Stile, and continueth the rest of that Month.
- 2. The payments of Pasques, or Easter, the 6th. of June.
- 4. The payments of August, the 6th. of September.
- 4. The payments of All-Saints, the 6th. of December.
The Custom of acceptation of Bills of Exchange in Lions.The Acceptance of all Bills of Exchange here, is always made the first day of the Month of each payment, which Acceptances hold in themselves both a promise and assurance of the payment of the Sum included in the said Bills so accepted: And because there is no other time accustomed wherein Bills of Exchange are accepted, the Merchants here resident have invented, by means of a little Book, a way of registring their several Bills, which they commonly call in French a Bilan; A Bilan.in which Book or Bilan, they accustomarily use to make a little Cross or Mark upon each Bill there registred, and thus orderly accepted. But if the Party to whom the same is presented, make a Question whether he shall accept it or not, and demandeth time to think upon it, then they place upon that Bill so there registred the letter V. signifying in French, Voir la lettre, or the Bill seen; or if in conclusion he refuse the same, either because he holdeth not the Party that chargeth the same sufficient, or solvent, or for any other just occasion, they commonly note the same in their Bilan with S and P, signifying that the same is Soubs Protest, that is, under Protest: The which Bilan of Acceptations, Draughts, and Remittances, thus quoted and thus registred, I observed at my residence in that City, to carry so much Credit amongst the Merchants of the place, as if the same had been done with Witnesses by a Publick Notary.
The price setled for the succeeding Fairs.The third day of the Month of the said payments, the price of the said Exchange is cut and settled, as well for the succeeding course of Lions it self, as for all the principal exchanging places of Christendom; in all which it is found, that Lions gives the Law and Rule, ordering in some sort the price of all other places, excepting for Placentia.
Discounters or transferring of Bills of Exchange, and Debts in Lions.The sixth day all the Merchants residing upon the place, appear in certain publick Rooms near the Burse, or place of daily meeting with their Book or Bilan, containing both their Debit and Credit, of both Debts and Bills of Exchanges, and there address themselves to one another, and to whom they are indebted, intimating unto them, to transfer Parcels, or as they term it, V [...]er partie, and give for Debtor one or more, who doth owe, and stands indebted unto them the like Sum or Parcel, the which being accepted by the Creditors, the Sum is respectively registred, and noted in the Bilan abovesaid; and after that time, that Parcel is understood to be transferr'd and remaineth entirely upon the Risgoe, peril and fortune of the Party that did accept the same: And in this manner here I have observed a Million of Crowns hath in a morning been paid and satisfied without the disbursement of a Denier in Money, and therefore to this purpose all Merchants resident here, or their Servants for them, are compelled in this manner to appear with their Bilan, thus to satisfie Accounts with their Creditors, and make good their payments, or in default of this appearance are by the Custom of the place declared as Bankrupts; and this in brief is the remarkable Custom of Lions in matters of Exchanges upon every payment.
Rules of casting up the Exchanges in Lions.It now remaineth I should shew the Rules how the Exchanges are made in this place; for at every payment the current Moneys of the place are found increasing or decreasing, being sometimes worth from one payment to another 2 per Cent. or 2¼ more or less: to understand then there Rules, I will first lay down some Examples for the help of those that are not well acquainted with the Custom of this City.
Presuppose that a Merchant hath taken in Banco 455 Livres at 2½ per Cent. from the payments of Roys as they call it, or Kings, until the payment of Pasques or Easter, and to know what the Exchange may amount unto, at the rate abovesaid, do this briefly: the ½ of the said [Page 334] At 2½ per Cent. 455 l. is first to be taken, and the ¼ of the said tenth, shall be the Exchange, forasmuch as the tenth of an hundred is ten, and the ¼ of ten is 2½, which is the Exchange aforementioned, and therefore ¼ of the tenth is to be taken, as for Example: [...]
At 2 [...]/3.Again, a Debtor oweth unto his Creditor l. 3141. 16 s. 6 d. to pay at the rate of 2⅓ per Cent. for Exchange, the which most facile and briefly is thus performed: Take the 1/1 [...] of the said Sum, and of the proceed ½, and of the ½ the [...]/3, adding the said fifth to the ⅔. And thus the value of the Exchange is found out, as here followeth. [...]
The reason of this brevity is, that if from 100 one taketh as is before said ⅕ of 1/10 and ⅓ of the said ⅕, the product of the said [...]/5 with the ⅓, gives just 2⅔, as is above specified.
Again, at 2 [...]/4 per Cent. how much amounteth the Exchange of l. 842. 17. 6. you must here take [...]/3 of a 1/10, and a [...]/10 of the said, adding the two last products the Exchange will appear, as [...]
At 2⅓.Again, a Debtor oweth to his Creditor l. 1435. 17. 8 d. to be paid at the rate of 2½ per Cent. for the Exchange: To do this, take the 1/10 parts of the said Sum, and of his Product ⅕, and of the ½ the ⅛, adding the said ⅕ to the said ⅛, and the Exchange will appear. [...]
At 2¼Again, at 2¼ per Cent. what will the Exchange of 7661 l. 17 Sols amount unto? To do which, the ⅕ of 1/10, and the ⅛ of the said ⅕ is to be taken, adding the ⅕ and the ⅛, and it giveth the Exchange. [...]
At 3 per Cent.Again, at 3 per Cent. I would know the Exchange of 7000 l. herein take ¼ of 1/10 and ⅕ of the said ¼, adding the two last products, it giveth the Exchange: as for Example; [...]
[Page 335] At 2½.Also presuppose, that a Merchant hath sold some Goods for the value of 5312 l. 10 s. at a years time, conditionally to have the allowance of 2½ per Cent. for every payment, what ought the Buyer to give the Seller at the said term? In this case consider, that 2½ per Cent. for a payment, is 10 per Cent. for the year; and therefore the 1/10 is to be taken, and to be added to the Total, and it giveth l. 5843. 15. [...]
But I have stayed upon this Point too long, and therefore will omit further Examples, and will only insert a brief method of these forms of Exchanges in this place, because the ingenious may make it serve his occasions in any Country where Moneys are either given or taken at Interest, serving as compendious Tables for casting up of any Exchange here, or of Interest elsewhere, for any space and term of time whatsoever, and fitly serveth as a necessary introduction to what I shall here further insert, as concerning the Exchanges made by Lions for other Countries.
CHAP. CCCIV. Brief Rates of Exchanges in Lions, which may serve for the Rates of Interest in many other places.
-
Rates of Exchange in Lions, and may serve for Rates of Interest in many other Cities.FIrst, at ½ per Cent. take 1/10 of a 1/10, and the ½ of the last 1/10 shall be the Rate and Sum of the Exchange propounded and demanded.
- At ⅓ per Cent. take a 1/10 of a 1/10, and a ⅓ of the last 1/10, is the Exchange.
- At ⅔ per Cent. take a 1/10 of a 1/10, and ⅔ of the last 1/10 is the Exchange.
- At ¼ per Cent. take a 1/10 of a 1/10, and ¼ of the last 1/10 is the Exchange.
- At ¾ per Cent. take ¾ of a 1/10, and the 1/10 shall be the Exchange.
- At ⅕ per Cent. take a ⅕ of the 1/10 of a 1/10 shall be the Exchange.
- At ⅖ per Cent. take a ⅖ of the 1/10 of a 1/10 shall be the Exchange.
- At 1 per Cent. take a 1/10 of a 1/10 shall be the Exchange.
- At 1½ per Cent. take a 1/10 of a 1/10 and ½ of the last 1/10, adding the two last.
- At 1½ per Cent. take a 1/10 of a 1/10 and ⅓ of the last 1/10, adding the ⅓ and 1/10.
- At 1⅔ per Cent. take a ½ of a 1/10 shall be the Exchange.
- At 1¼ per Cent. take a ⅛ of a 1/10 shall be the Exchange.
- At 1¾ per Cent. take ½ and ¼ of the 1/10 of a 1/10 shall be the Exchange.
- At 1⅜ per Cent. take a 1/10 of a 1/10 and ⅜ of the last 1/10.
- At 2 per Cent. take a ⅕ of a 1/10 shall be the Exchange.
- At 2⅛ per Cent. take a ⅕ of a 1/10 and ⅙ of the said ⅕, adding the ⅓ and ⅕.
- At 2⅔ per Cent. take a ⅕ of a 1/10 and ½ of the said ⅕.
- At 2½ per Cent. take a ¼ of a 1/10 shall be the Exchange.
- At 2¼ per Cent. take a ⅕ of a 1/10 and ⅛ of the said ⅕, adding the ⅕ and ⅛.
- At 2¾ per Cent. take a ¼ of a 1/10 and the 1/10 of the said ¼.
- At 3 per Cent. take a ¼ of a 1/10 and ⅓ of the said ¼, adding the ¼ and the ⅕.
- At 3⅓ per Cent. take a ⅓ of a 1/10.
- At 3½ per Cent. take a ¼ of a 1/10 and ⅔ of the said ¼, adding the ¼ and ⅖.
- At 3¾ per Cent. take a ¼ of a 1/10 and ⅓ of the said ¼, adding the ¼ and the ½.
- At 4 per Cent. take a ⅕ of a ⅕.
- At 4½ per Cent. take ¼ and ⅕ of
- At 5 per Cent. take a ½ of a 1/10.
- At 5½ per Cent. take a ½ of a 1/10 and 1/10 of the said ½, adding the ½ and the 1/10.
- At 6 per Cent. take a ½ of a 1/10 and ⅕ of the said ½, shall be the Exchange.
- At 6¼ per Cent. take a 1/10 of a ¼ of a ¼ shall be the Exchange.
- At 6⅔ per Cent. take a 1/10 of a ⅓ of one ⅓.
- At 7⅕ per Cent. take a ½ of 1/10 and ½ of the said ½.
- At 8⅓ per Cent. take a 1/11.
- At 10 per Cent. take a 1/10.
- At 12½ per Cent. take a ⅛.
- At 15 per Cent. take a 1/10 and ½ of the said 1/10, adding the whole.
- At 16⅔ per Cent. take a 1/10.
- [Page 336]At 17½ per Cent. — 1/10 and twice the ½ the one of the other of the said 1/10.
- At 20 per Cent. — ⅕.
- At 22½ per Cent. — ⅕ and of ⅛ the said ⅕ adding giveth the Exchange.
- At 25 per Cent. taking the ¼.
The reason and benefit of these Rules, as well in Lions as elsewhere.The reason why I have been induced to set down the brief method of calculating the Exchanges here, is, that as it is to be understood, that the rate of the Exchange at the payment is regulated for the next ensuing payment for that day; so must it also be understood, that the nearer the time is to the day of the next ensuing, the lesser consequently is the rate of the Exchange for that payment to be accounted; and because in many Contracts that are made there in private Bargains between Merchant and Merchant, it is oftentimes found, that the time of payment prefixed by agreement is sometimes 2, 3, or 4, or more Fairs or Payments to come and succeed, and thereto is oftentimes to be considered, the remaining time running to the first payment ensuing: Therefore in this case, I have for the easier and better reckoning of him that sells a Commodity, and of him that doth buy the same, set down the easiest and briefest way how to make his Account of the time to run, which here I have set down to the common term of ten payments, which at 2½ per Cent. makes 25 per Cent.
CHAP. CCCV. Examples of the Exchanges of Lions, with the Profit of the Profits thereof.
Example of Exchange, with the Profit of the Profit thereof, in the nature of Interest upon Interest.THE declaration of these Rules is best demonstrated by Examples, which here following my intended method, for the better understanding thereof, I here purpose to insert, the Question being, That if a Creditor receiveth not each payment, the Exchange that is due to him, the Debtor ought to make him good the same as if it were the principal. For Example:
I would know what shall l. 1560. 15 Ounces give for profit at the rate of two ½ per Cent. for three payments, valuing the said Exchange with the Principal at the price above-named.
First it is to be noted, That if by the Rules above mentioned, the Profits of the said Sum at 2½ per Cent. for one payment comes to l. 39. 0. 4 d. that Sum is to be added to the Principal, and then it doth amount unto l. 1599. 15 s. 4 d. out of which must be drawn the Exchange of the second payment, and add that likewise to the principal, and out of that the Exchange of the third, and adding that in the same manner, and it giveth 1680. l. 15 s. As by Example following doth appear. [...]
And in this manner the account of the Profits of the Exchange of Lions may be made for any time whatsoever; and forasmuch as the rate of the Exchange, for a payment in a continued Sum, may alter, therefore I will lay down one Example more, which pesus may be 7450 put out by the Exchange of Lions for a year, or four payments: The first payment falling to be at 2¼, the second at 2⅓, the third at 2½ and the fourth payment at ⅜, which accordingly cast up, and continued with the Profit of the Profit added to the principal, it will amount to 8203 l. 6 s. 6 d. as following shall appear by the Example. [Page 337] [...]
Interest paid upon Rebate.Now forasmuch as these Rules have affinity with the interest used in many Countries, continued by the year from one to another, called by us, interest upon interest, it will be needless further to insist thereupon; and therefore before I proceed to the Exchange of Lions, I must not omit to shew one particular circumstance much in use upon this place, which is the account of discounting, which falls out in many occasions, but principally when a Merchant doth here sell his commodities at 4, 9, or 10 payments time, and that he would pay the same at any payment, before the prefixed time, at a covenanted rate; an example or two in this kind I will also show, serving for other Countries also, where the like manner of discounting is used, with a brief manner how the same is easily cast up, contrary to the method of many of our common Arithmeticians.
CHAP. CCCVI. Of the Account of Discounts or Rebates, and the manner thereof, used as well in Lions, as in many other places of Trade.
Accounts of Discounts or Rebates in Lions, and elsewhere. AMerchant selleth a commodity for l. 3709, 12, 9, payable at a year, to discount at pleasure at 2 per cent. for a payment or Fair, now if the buyer pay the same content, or in ready mony, how much ought the seller to rebate him for a discount for the 4 payment or fairs at the said price?
To do this succinctly and briefly, I first draw the discount of the said l. 3709, 12, 9 at 108 per cent. and then multiply the said sum by 2, and of the product take 1/ [...] of a 1/9 or more facilely, 3 thirds, the one of the other, the last whereof, shall be the discount of the said parcel, and so much must the seller rebate to the buyer, the which discount deducted from 3709. 12, d. 9. there resteth 343 [...]/ [...] l. 17. 0 d. which the buyer ought to pay in ready mony; the which for better declaration, I will lay down by example, with the proof of the rule, for the trial of the certainty thereof. [...]
Example proved.Now the reason why out of 108 per cent. there must three thirds be taken one out of the other, is, because that 8 (which is the discount or Rebate) is contained 13½ times in 108, the which is 13½ doubled, are 27, and therefore must be divided by 27 or for the briefer and readier way, take ⅓ of a ⅓, or three thirds one out of the other, and therefore to make the proof, take ⅛, of the said 3434, 17. 0. and in drawing ⅕ of the said ⅓., the rest giveth 274. 15. 9 l. which declareth that the rule is well and rightly made.
[Page 338]Because that in this manner of discounting, or as we term it, of rebating, the time and price is found diversly to alter, I will set down a brief Table for the casting up of any sum, for any Fair or Payment, and an example or two for the understanding thereof, thereby the better to come to the main and principal point of our account of Exchanges.
CHAP. CCCVII. The Table of casting the Accounts of Discounts, or Rebatements.
-
A Table for casting up all accounts of discounts or rebatements.IMprimis, At 101 per cent. divide by 101.
- At 101¼ per cent. divide by 81, or take 1/9 of a 1/9.
- At 102 per cent. divide by 51.
- At 102½ per cent. divide by 41.
- At 102⅔ per cent. for 38½ divide by 77, or take 1/7 of one [...].
- At 104 per cent. divide by 26, or take ½ of a [...].
- At 105 per cent. divide by 21, or take [...] of a 1/7.
- At 106 per cent. for 17⅔ divide by 53.
- At 106¼ per cent. divide by 17.
- At 107½ per cent. for 14⅔ divide by 43.
- At 108 per cent. for 13½ divide by 27, or take ⅓ of a 3/9.
- At 108⅓ per cent. divide by 13.
- At 100 per cent. divide by 11, or take [...].
- At 112 per cent. for 9⅓ divide by 28, or take [...] of one 1/7.
- At 112½ per cent. divide by 9, or take 1/9.
- At 113½ per cent. for 8½ divide by 17.
- At 114 per cent. for 8½ divide by 57.
- At 115 per cent. for 7⅔ divide by 23.
- At 116 per cent. for 7¼ divide by 29.
- At 116⅔ per cent. divide by 7, or take 1/7.
- At 117½ per cent. for 6 5/7 divide by 47.
- At 118 per cent. for 6 9/5 divide by 59.
- At 120 per cent. divide by 6, or take ⅙.
- At 122½ per cent. for 5 4/9 divide by 49, or take a 1/7 of a 1/7.
- At 125 per cent. divide by 5 or take ⅓.
Example of Discounting or Rebate.For the better understanding of the precedent Table, note, that for Example, to take the discount at 122½, I divide the 22½, in 2, which make 45, and the like of the 100, making 200, which divided by 45, the product giveth 4 4/9, and so many times 22½ are contained in 100, and because that the Discount or Rebate is always upon the 100, one more is to be added thereto, which makes 5 4/9, so that the said 22½ are contained 5 4/9 in 122½, and therefore it must be divided by 4 4/9, the which to do, it is needful, that all the same be put into ninths, multiplying by 9, as well the sum out of which the discount is to be made, as the said 5 4/9, amounting to 49 for Divisor; and for to divide, by 49, as the briefest and shortest way, take the 1/7 of a [...] because that 7 times 7 makes 49.
Another Example of Discounting at 105.Again, to draw the discount at 105 per cent. I divide a 100 by 5, taking ⅓ which is 20, to the which number, I always add one for the reason before-mentioned, making thereby 21 for divisor, and for to divide by 21, you must take ⅔ of the sum, which the discount is to be made of, and the ⅓ of the said [...] shall be the discount.
Another Example at 107½.Again, for to make the discount at 107 [...], I double 7½ in two parts, which making 15, and so of the 100, making 200, which I divide by 15, taking ⅕ of ⅕, his product giving 13 [...] to which I add [...], making thereby 14⅓, and so many times 7½ are contained in 107⅓, and therefore you must divide the sum, of which the discount must be made, by 14⅛, and thus do in all other sums and parcels.
CHAP. CCCVIII. Of the Exchanges of Lions with Rome.
Exchanges of Lions with Rome.I Have declared before in the general Chapter of the Exchanges of Lions, how many Cities Lions is found to Exchange with, and there also shewed the common rates how the same doth govern, which notwithstanding is found at every Fair, and payment, to alter, yet it standeth the Merchant so far in stead, that thereby he is able to make the account, both of his draughts and remittances, though otherwise altering from their noted prices, which is the thing now resteth to be handled, that it may be discerned, how the Exchange at Lions is cast up with any other place whatsoever: Accounts kept in Lions.and there likewise it is observed, how the Merchants Exchangers do keep their accounts, which for the most part is in Livers, Tournois, Sols and Deniers, 12 Deniers making a Sol, and 20 Sols a Liver; and yet some there be, that keep their accounts in Crowns of Exchange, called Crowns of the Sun, and is as the Liver distinguished into Sols and Deniers of Gold, accounted by 12 and 20 as the former, this Crown being accounted worth 3 Livers, upon which the Exchange of the place is made and marked with Crowns, Livers, Sols and Deniers; the question then upon the Exchange of Lions with Rome is thus: 100 Crowns of Gold of 3 l. is given in Lions to have in Rome 85 Crowns of Gold, Estampe or de Camera, more or less, as the Exchange passeth, I demand for Crowns 4520. 12. 6 d. of Gold of the Sun, how many Crowns of Estampe shall Lions have at Rome? To know which, you must multiply the said Crowns of the Sun, by 85, and from the Product cut the two last figures, the which must multiply by 20, to make them Sols, and then by 12 to make them Deniers, which will come to be 3842. 10. 7 of Gold of Estampe which Lions ought to have in Rome for the said sum of Crowns of Gold, which this calculation following maketh more apparent. Example. [...]
Proof.The proof of the said account will appear in the same question propounded, where Rome Exchangeth at the same terms with Lions.
CHAP. CCCIX. Of the Exchanges of Lions with Florence.
Exchanges of Lions with Florence. LIms Exchangeth with Florence, and giveth 100 Crowns to have in the said place 954 Crowns of Gold more or less, I demand for Crowns 1324. 15. 0, of Gold of the Sun, how many Crowns of Gold I shall have in Florence, to know which, I multiply the said Crowns of Gold by 95¾ in cutting the two last figures of the Product, as I did in the precedent account, the which are to be multiplied by 20 and 12, to make the same Sols and Deniers, and I find I must have in Florence, Crowns 1268. 8. 11 of Gold, for the said Crowns of the Sun; as in the following Example. [Page 340] [...]
Proof. Facit Crowns 1268—8—11 which shall appear, when Florence Exchangeth with Lions.
CHAP. CCCX. Of the Exchange of Lions with Lucca.
Exchanges of Lions with Lucca, LIons Exchangeth with Lucca, and taketh Crowns 100 to pay in Lucca posito 103⅙ of Livers 7½ the Crown: I demand for Crowns 1234—5—6 of Gold of the Sun, how much must I pay in the said City of Lucca: To know which, I multiply the said sum of Crowns of the Sun by Crowns 103⅙ and from its Product cut off the two last figures, the which I multiply by 20 to come to Sols, and then by 12 to come to Deniers, and it will make Crowns 1273—7—2, which I must pay in the said place of Lucca: Example. [...]
Payment made in Mony.Note, that if in Lions it be paid in mony, there is one per cent. given more, so that receiving in the said place of Lucca, the said Crowns 1273—7—2 in mony of the said place, the Debt [...] shall be bound to pay more Crowns 12. 14 8, which is in all Crowns 1286—1—10; as for Example thus cast up. [...]
The proof of the said Exchange, you shall find in the account when Lucca doth Exchange with Lions, made by the Rule of Three, saying, If Crowns 103⅙ give 100, how many shall the abovesaid 1273—7—2 d. give, which will be Crowns 1234—5—6. of Gold of the Sun.
CHAP. CCCXI. Of the Exchanges of Lions with Naples.
Exchanges of Lions with Naples. LIons Exchanges with Naples, and giveth Crowns 100 of the Sun to have in that place Duc. 127½ more or less of Taries, 5 per Ducate. I would know for Crowns 2584. 9. 6. of Gold of the Sun, how much Lions shall have credit for in Naples: The which to do, you must multiply the said sum of Crowns by the said 127½ Duc. cutting the two last figures of the Product, the which must be multiplied by 5, to make them Taries, and then by 20, to make them Grains, because that the Ducate is worth 5 Taries; and the Tarie 20 Grains, so that it will give in Naples, Duc: 3295, Tarie 1. [...]
The proof of the said Rule shall appear in the Exchange of Naples with Lions.
CHAP. CCCXII. Of the Exchanges of Lions with Palermo or Mesina.
Exchanges of Lions with Palermo and Mesina. LIons exchangeth for Palermo or Messina, and giveth 1 Crown of Gold of the Sun, to have in the said place posito 38 Carlins. I would know, for Crowns 4692. 11. 3. of the Sun, how many Ounces shall Lions have credit in Palermo or Messina: first multiply the said Crown of the Sun by the said 38 Carlins, the value of the Crown, and taking the rest of the multiplication for parts of 10, because the Carlin is worth 10 Grains, and the product shall be Carlins and Grains, to make the which Ounces, you must take ⅙ in cutting the last figure, because that 60 Carlins make an Ounce, and of that which resteth cut off, add with the last figure, you must take ½ to make Taries, one whereof being 2 Carlins, and 30 worth one Ounce, and if you find a rest of the said Taries, you must take ½ which is 10 Grains, because that one Tary is worth 10 Grains, and ½ of 20 which is 10, to the which must be added the resting Grains, if any be, so that the said sum of Carlins will make Ounces 2189 Tar. 25, Grains 17, and so many Ounces will Palermo or Messina give, and over and above the said sum of Ounces, one Carlin per Ounce is given for to make it good mony; and to add the said Carlin per Ounce in the shortest way, it is to be considered, that for the said Ounces 2189 is given the same sum of Carlins for the Laggio of the monies as they term it, which reduced into Ounces, cutting the last figure, and taking ⅙ of the rest, as hath been said before, will give Ounces 36. resting two [...] of Carlins, which is twenty, to which must be added the last figure cut off, and it will be 29 Carlins, which is 14 Taries, and there will rest 1 Carlin, which is 10 Grains, to which must be added 8 Grains for 25 Taries which are with the Ounces, seeing that for 3 Taries cometh one Grain, for Laggio of the said mony, and they will be Ounces 2226. 10. 15. and so much will the credit of Lions be in Palermo, and because that the said Carlin per Ounce comes to 1⅓ per cent. the account may be made in taking [...] per cent. of the said sum of Ounces, and it will make the same sum; as Example. [Page 342] [...]
Proof.The proof of the said account shall appear in the Exchange of Palermo and Mesina back to Lions.
CHAP. CCCXIII. Of the Exchanges of Lions with Genoa.
Exchanges of Lions with Genoa. LIons exchangeth with Genoa, and giveth one Crown of the Sun, have in that place, posit [...] of mony in Gold 59 s. 9 d. I demand for Cro. 9432. 9 of the Sun, how much credit shall Lions have in Genoa in current mony? To do which, first multiply the said Crown of the Sun by Sol. 59. 9 d. and it maketh Sol. 563588. 10 d. which reduced into Livers, makes Lib. 28179. 8. 10 M [...] ny of Gold, which divided by 68 Sol, which is the price of a Crown of Gold in mony of Gold, and that which resteth of the division, you must multiply by 20, to make them Sols of Gold, and then by 12 to make them Deniers, and they will be Crowns 8288. 1. 5 of Gold, the which multiply by 4½ which is the price at present of the Crown of Gold in current mony, and of its prod [...]ct will come Lib. 37296. 6. 4 of mony current, and so much credit shall Lions have in Genoa, for the said Crown 9432. 9. of the Sun. And you must note, That the Livers, of the mony of Gold cann [...]e be reduced into current mony, unless first it be reduced to Crowns of Exchange. [...]
Proof.The proof of this Rule is seen, when that Genoa doth Exchange for Lions.
CHAP. CCCXIV. Of the Exchanges of Lions with Millan.
Exchanges of Lions with Millan. LIONS Exchangeth with Millan, and giveth a Crown of the Sun to have in Millan posito 118⅓ s. I would know how many Livers makes Crowns 1564. 15. 6. of Gold of the Sun in Milla [...]t? To do which, you must multiply the said, sum of Crowns by 5 l. 18. 4. which are the Sols 118 [...], beginning to multiply the l 5 by the 6 Den. and then by the 15 which are with the Crown of the Sun, the proceed of the multiplication shall be l. 9258. 5. which shall be had in Millan for the said Crown of the Sun: as for Example, [...]
Proof.The proof of the said account shall be manifest in the Example of Millan with Lions.
CHAP. CCCXV. Of the Exchange of Lions with Venetia.
Exchanges of Lions with Venetia. LIONS Exchangeth with Venice, and giveth 100 Crowns of Gold, to have their D [...]cates posito 119⅔ of Livers 6⅙ per Ducat; I demand, for Crowns 3549. 10. of the Sun, how much credit shall Lions have in Venice? To know which, multiply the said sum of Crowns by the said 119 [...] Ducats, and the remainder produced by the said multiplication, shall be divided by 24, because that the Ducat is worth 24 Gross, and out of that product cut the two last figures, the which being multiplied by 24, to make them Grosses, they will make Dac [...]t. 48 38 1/12, which Lions shall have credit in Venice for the said Crowns of the Sun: as Example. [...]
Facit, 4238 Ducat. 2 Gross. And the proof of this account shall be manifested by Example, Proof. in the Exchanges of Venetia back for Lion.
CHAP. CCCXVI. Of the Exchanges of Lions with Bolonia.
Exchanges of Lions with Bolonia. LIONS Exchangeth with Bolonia, and giveth 100 Crowns of the Sun to have in Bolonia Crowns 113 of Livers 4¾ per Crown; I demand then, for Crowns 3879. 13. 4. of the Sun, how much credit shall Lions have in Bolonia: To do which, multiply the said Crowns of the Sun by 113, and from the product cut the two last figures, then multiply them by 20. and 12. to make them Sols and Deniers, and it will come to Crowns 4282. 6. 5. in Bolonia, the which you must bring into Livers, by multiplying them by l. 4. 15. which is the value of the Crown in Bolonia, and they make l. 20341. 0. 5. which Lions shall have credit for in Bolonia. [Page 344] [...]
The proof hereof serveth to know how to make the account, when Bolonia exchangeth for Lions, and is done by the Rule of 3 saying, If Crowns 213 give 100 Crowns, how many shall 4282 Crowns 5. s. 6 d. give?
CHAP. CCCXVII. Of the Exchanges of Lions with Placentia.
Exchanges of Lions with Placentia. LIONS Exchangeth with Placentia, and giveth 119⅔ posito Crowns of the Sun, to have in Placentia Crowns 100 of Marc. I demand for Crowns 3489. 15 of Gold of the Sun, how many Crowns shall be due to me in Placentia? To find which, I say by the Rule of three, If Crowas 119⅔ give 100 Crowns of Marc. how many will Crowns 3489. 15. give? the product of which Rule, giveth Crowns 2916. 4. 6. d. of Marc. and so much shall be due to me in the said place of Placentia, for the said sum of Crowns of the Sun: for example, [...]
The proof of this rule is seen, when that Placentia shall exchange with Lions.
CHAP. CCCXVIII. Of the Exchanges of Lions with Antwerp.
Exchanges of Lions with Antwerp. LIONS Exchangeth with Antwerp, and giveth one Crown of the Sun to have in Antwerp posito 121⅓ Gross; I demand then, how many Livers of Grosses I shall have there, for Cro. 6895. 11. 3. To do which, I multiply the said sum by the said 121⅓ Gross, and it giveth Grosses 836661, out of which take 1/12, to make them Sols, and they make Sols 69721. 9. which to make into Livers, you must cut the two last figures, and take the ½ of the others, and it will come to l. 3486. 1. 9. of Grosses, which I should have in the said place of Antwerp, for the above-mentioned sum of Crowns of the Sun: as by Example, [Page 345] [...]
Proof.The proof of the said account will appear, when that Antwerp exchangeth with Lions: and therein is to be noted, that in the manner of the Exchange that Lions maketh with Antwerp, the Calculation will serve in the same manner with Colonia; because the same Moneys are used in Exchanges in the said City of Colonia as in Antwerp, and the same also is in use in Amsterdam, and throughout the Netherlands.
CHAP. CCCXIX. Of the Exchanges of Lions with London.
Exchanges of Lions with London. LIons exchangeth with London, and giveth a Crown of the Sun to have in London posito Pence sterling 58; I then demand, for Crowns 7693. 10. 0. Crowns of the Sun, how many Liens of Pounds sterling shall I have in London; working the same as in the precedent Rule, and accoun [...] from Lions to Antwerp, and it will make sterling Pounds 1859. 5. 3. d. And so much Credit shall the same give me in London, as shall appear by Example following: [...]
Proof.The proof of this account shall appear, when I come to the Exchanges of London with this place of Lions.
Paris, Rouen.Here also is to be noted, That the account is calculated in the same manner, when either P [...]ris, Rouen, or any other part of France doth exchange for the City of London, or for any other City in England.
CHAP. CCCXX. Of the Exchange of Lions with Francfort.
Exchanges of Lions with Francfort. LIons exchangeth with Francfort, and giveth a Crown of the Sun to have in the said place Quarentines posito 95¼ I demand, for 1500 Crowns of the Sun, how many Florins shall Lions have in Francfort: to do which, multiply the said Crowns of the Sun by 95¾, and it maketh Quarendines 143625; to reduce which into Florins, you must cut off the two last figures, and then take ⅙ of the others, or else divide them by 60, because that 60 Quarentines make a Florin, and it givet [...] Florins 2393, and 4 overplus, which is to be understood for 40, and with the figure cut off, makes 45, of which ⅓ is to be taken to make Sols, because that 3 Quarentines is a Sol, and then it makes Florins 2393. Sol. 15. which Lions ought to have Credit for in Francfort. [Page 346] [...]
Proof.Desiring for proof the said account, to exchange from Francfort to Lions, the said Florins 2393. 15. at Quarent. 95¾ per Crown, I first put the said Florins into Quarentines, multiplying them by 60, and they will be Quarentines 143625, which divided by 95¾ makes just Crowns 1500 of the Sun, as abovesaid.
Note also, that in Francfort is only accounted two Fairs; the first in Mid-Lent, and the other in Mid-September; and if the Remittance be out of the Fair you may stay for the said Fair, and the Money must stay half a Year, which is here two Fairs, in satisfaction whereof, is sometimes made good 6, sometimes 7 per cent. as Merchants can agree, more or less.
Note also, that when Lions is found to exchange with Norimberg, the account thereof is made as above is said, with Francfort.
CHAP. CCCXXI. Of the Exchange of Lions with Sevil.
Exchanges of Lions with Sevil LIons exchangeth with Sevil, and giveth Crowns 1 of the Sun, to have in the said place pos [...] 396 Marvedes; I demand then, what Credit I shall have in Sevil, for Crowns 6792—16—6 d. delivered in Lions, at the said price? To do which, multiply the said Crowns by 396, and they will make Marvedes 2689958, to which must be added ½ per cent. for the Lagi [...] of the money, which is 5 per 1000, and then they will make Marvedes 2703407, and so much shall Lions have Credit in Sevil; as in Example: [...]
Alcala.Note that when Lions doth exchange with Alcala, the account is made as the precede [...]t with Sevil, and that the proof of the said calculation is found true by the Exchange of Sevil or Alcala with Lions.
CHAP. CCCXXII. Of the Exchanges of Lions with Lisbon.
Exchanges of Lions with Lisbon. LIons exchangeth with Lisbon, and giveth 1 Crown of the Sun, to have their posito 528 Raes, I demand then for Crowns 7893. 4. 6. of the Sun, how many Raes Lions shall have Credit in the said place of Lisbon; and to know which, I multiply the said Crowns by 528, and find that it giveth in Raes 4167622, which Lions shall have Credit in Lisbon: as for Example; [...]
Proof.The proof of this Rule is manifested, when that Lisbon shall exchange with Lions.
CHAP. CCCXXIII. Of the Exchanges of Lions with Barselona.
Exchanges of Lions with Barselona. LIons exchangeth with Barselona, and giveth one Crown of the Sun, to have in the said place posito 22. 8. Sols: I demand for 7822. 12. 6. Crowns of the Sun, which Lions doth remit to Barselona, how many Livers shall I have? To do which, you must multiply the abovesaid sum of Crowns, by l. 1. 2. 8. which is 22. 8 d. beginning to multiply by the Deniers, and then by the Sols, which are annexed to the Crowns, and the sum will come to 8865. 12. 10. which you shall have in Barselona for the said sum of Crowns of the Sun. For Example; [...]
Proof.The proof of the said account will appear, when Barselona exchangeth back with Lions.
Valentia and Saragosa.It will not be needful I should propound here any Examples when Lions exchangeth with Valentia and Saragosa, seeing that the account is the same as with Barselona abovesaid, and this is as much as I conceive requisite concerning the Exchanges of Lions with other places, to which I could add sundry Remittances and Draughts in Exchange hence made to other places, with other such circumstances: but here being matter enough set down, to exercise the Pen and Head of the Ingenious, and of him that will study the Art and Mystery of the Exchanges of this place, I will only add a word of the Orders and Commissions, given and received here in Exchanges, and an Example for Explanation thereof, and leave the rest to the consideration of the studious.
CHAP. CCCXXIV. Of Orders and Commissions given and received for Draughts and Remittances by Exchanges in Lions.
Of Orders and Commissions given and received for Draughts and Remittances in Lions.BEfore I enter this vast subject of Orders and Commissions, I will briefly shew how the accounts of these Orders and Commissions are made, being only given by the expert and subtle beads of Bankers and Exchangers, conversant in the course of Exchanging, which sorts of Commission [Page 348]or Orders, are wrought partly by the Rule of Three Direct, and partly by the same Rule backward; and the better to distinguish those that are made Direct, and those that are made backward, it is requisite, that the course and manner of Exchanging from one place to another be precisely known and learned, and how that place to which the Commission is sent and given, draw or remit either by a certain or uncertain rate, and such Commissions ought to be made by the Rule of Three backward, taking one of the prices, which are found, for Divisor, and the other two, which are the order'd prices, take for the sum to divide by; and it is to be noted, that the first price, which is taken for Divisor, be of the same place as the last: and to know wherein what is meant by this word certain and incertain, I shall now declare it.
Certain price in Exchanges.A Certain Exchange is no other, than to give a settled price, which varieth not in Exchanging, and hath no change or alteration, as it is seen in Lions, or in Placentia, which gives always Crowns 100, or Crown 1, to have in Naples Ducats 130 more or less, and this 100 Crowns, or 1 Crown is never found to alter, and therefore term'd by Exchangers to be the certain price.
Incertain price in [...] changes. Incertain Exchanges is a price that is observed unconstant, and which admits of variation, which shall be when the place which exchangeth, giveth a number of Crowns, Ducats, or Sols, or of any other money which cometh not to the just sum of 100, or else exceedeth the same, and therefore the same not being firm and stable, are named incertain Exchanges, as subject to alteration, sometimes more or sometimes less, which is rightly and well to be considered and understood in Orders and Commissions of Exchanges given.
When the place then wherein the Commission is to be effected, giveth to the places whereto it ought to remit, and draw, to both of them the Incertain, the account must be made by the Rule of Three Forward or Direct, taking for first and second number the prices that have been ordered, and for the last number of the said Rule take one of the prices that are found in such a manner, that the first Exchange of the said Rule be of the same place as the latter. Likewise, when the said place where the Commission is essected, giveth to the places that it ought to remit, and to draw to both of them the certain, the account thereof is made by the said Rule of [...]Three forward; as by Example;
Example of a certain and incertain Exchange. Order and Commission is given for a Merchant to his friend at Lions, to remit to Naples at Ducaes 126½, and to prevail for Rome at 85 Crowns, or at another price differing therefrom, provided that it may be done without loss, it is found to remit to Naples at 125⅓ Ducats, I would now know at how much might the same be drawn for Rome, to the end that this Commission be fully and justly effected.
It is here first to be considered, that Lions giveth the price certain to the said two places of Naples and Rome, and therefore by that account it must be made by the Rule of Three forward, saying, If Ducats 126½ give Crowns 85, the inordered price, how many will Ducas 125⅓ give, the price found for Naples, and it will come to Crowns 84. 4. 4, and at that price you must draw for Rome.
By this Commission then it is to be understood, that those of Naples will have Ducats 126½ in Remittance, in that place, and be Debitors in Rome Crowns 85; who finding to remit at Dacats 125⅓, it giveth loss, receiving less than that which is inordered; and making the account in this abovesaid manner, it is found, that the Draught ought to be made at Crowns 84. 4. 4. which is to profit, becoming this way a less Debitor than that which was inordered, which c [...]th to recompence the loss which is made in the Remittance; as for Example shall appear; [...]
[Page 349]To prove this account, by which may be clearly known how this Commission remaineth perfectly effected, do in this manner.
Presuppose, that those of Naples have given the Commission for Crowns 2000 of Gold of Estampe, or de Camera, which they would draw for Rome, and remit the value for Naples: you must first see how much the said Crowns of Estampe are worth in Crowns of the Sun, at Crowns 85 per cent. the inordered price, and it will come to Crowns 2352. 18. 9. of Gold of the Sun, out of which you must take ⅔ per cent. for provision, and there will remain Crowns 2343. 10. 7. the which must be remitted to Naples at the price inordered of Ducats 126½ per cent. and it will come to Ducats 2964½, or thereabout.
So that it doth appear, the said Crowns 2000 of debt in Rome, are made by Remittance to Naples, Ducats 2964½.
Now then it is to be observed in the prices (different from the order given) which are found that is to say at Crowns 84. 4. 4. for Rome, and at Ducats 125⅓ for Naples, if for the said Crowns 2000 by Draught to Rome, a Remittance may be made of the abovesaid Ducats 2964½; and the better to know it, it must be seen, how much the said sum of Crowns of Estampe are worth in Crowns of Gold of the Sun, at Crowns 84. 4. 4. per cent. which will come to Crowns 2374. 16. 6 Crowns of the Sun; out of which, taking the provision at ⅖ per cent. there will remain Crowns 2365. 6. 7. which must be remitted to Naples at the said price, which is found of 125⅓ per cent. and it will make in Ducats 2964½, or thereabouts by Remittance to Naples; the which sheweth the said Commission is perfectly accomplished, in conformity of the order given. For Example; [...]
I could add many of these Examples for the illustration of this point of Commissions, but I forbear to do it, because the Examples might prove tedious and intricate, and the rather because I may publish in this kind some things that I have already roughly drawn, if I find that my labours this way prove grateful; and therefore touching other circumstances and questions that may arise in the Exchanges practised in Lions, I will refer the same to the ingenious lover of this Art and Mystery, having set down sufficient to exercise both the head and the hand of the sludious, and which may afford matter for greater variety in the next place; therefore I will in the next place survey the Exchanges practised in Rome, after the same manner.
CHAP. CCCXXV. Of the Fairs of Lions, wherein all Bills of Exchange are thence drawn, and are there satisfied.
The four Fairs of Lions. LIons is noted to have four Fairs: the manner of accepting of Bills of Exchange therein, I have observed in the 275 Chapter; the times of the said Bills now resteth to be shewed.
1. Foir des Rois.The first Fair beginneth in Lions the first Monday after the Epiphany; and if the same fall upon a Monday, the Fair doth then begin the Monday following; the which lasteth fifteen working days, excluding and excepting Sundays and Holy-days; the which is designed for Merchants to do their affairs: at the end whereof (which oftentimes happens at Candlemas) all parties are made by Exchanges, and all former Remittances are paid and discharged.
2. Foir des Pasque.The second is the Fair of Easter, which beginneth the Monday following the Octaves after Easter-day, and lasteth 15 working days, Sundays and Holy-days excepted: at the end whereof, all former Draughts, payable in this Fair, are satisfied, and all new Remittances and Draughts for other places are made and framed from one Man to another.
3. Foir d' Aust.The third, is the Fair of August, and beginneth the fourth of the said Month, and continueth as the rest 15 working days, which oftentimes happeneth not till the beginning of September; wherein, as above is noted, the Draughts made hither, and Remittances are discharged, and new parties by Exchange for other places framed, and perfected from one Man to another.
4. Foir des toutes Saints.The fourth, is the Fair of All-Saints, beginning the third of November, continuing as the former 15 working days, which sometimes happeneth on the beginning of December; and therein the Merchants use to discharge all former Bills that come hither from other places, and frame new Remittances and Draughts hence to other Cities between Man and Man. For it is here to be noted, That all Bills of Exchanges, and for the most part all Bills of Debt have is this City no other time of Payment, Receipt, or Discharge, but during these four principal aforementioned Times or Fairs.
CHAP. CCCXXVI. Of Examples of the Exchanges practised in Rome, and how the same are calculated.
Exchanges practised in Rome, and first with Lions.I Have shewed in the general Exchanges of Rome, with how many places the same is found to exchange; and there also shewed the common Rates how the same doth govern, which every day is observed to alter, that no set Rule can be Peremptorily laid down for the same; yet is in it self so beneficial, that thereby the ignorant may make his calculation, either in his Draughts, or Remittances: the way of making which account now remaineth to be handled, observing the same with so many other places, as may be fit to understand the ground thereof.
It is also there noted, for the understanding of what is to follow, That Bankers and Exchangers in Rome do keep their accounts in Crowns of Stampe or Camera, Sols, and Deniers of Gold named of the Eight Stampe, which are numbered by 20 and 12, because that 20 Sols of Gold makes a Crown, and 12 Deniers a Sol.
The Crown of Stampe being worth | 12 | Julio's |
The Crown in Money worth | 10 | |
And the Julio [...] worth | 10 | Baio's. |
CHAP. CCCXXVII. Of the Exchanges of Rome with Lions.
Exchanges of Rome with LionsFIrst then, Rome exchangeth with Lions, and giveth Cro. 85 of Gold of the Eight Stampe, to have in the said City of Lions Crowns 100 of the Sun; I demand for Crowns 3842. 10. 7. of Estampe, how many Crowns of the Sun shall Rome have in Lions? To know which, you must say by the Rule of Three, If Crowns 85 give 100 Crowns of the Sun, how much will 3842. 10. 7. Crowns give? and it will come to Crowns 4520. and the Remainder of the Divident multiply by 20 and by 12, to make Sols and Deniers of Gold, and it will be Crowns 4520. 12. 5. of the S [...] that Rome ought to have in Lions for the said sum: as may be seen by the following Example. [Page 351] [...]
Proof.The proof of this account is seen, when Lions doth exchange with Rome.
CHAP CCCXXVIII. Of the Exchange of Rome with Placentia
Exchanges of Rome with Placentia. ROme exchangeth with Placentia, and giveth posito 99¼ Crowns of Gold of Estampe, to have here Crowns 100 of Marc. I demand, for Crowns 1382. 5. 8. of Estampe, how many Crowns of Marc. Placentia shall have? You must reduce the price and the sum of Crowns into Deniers, multiplying the same by 20 and by 12, and adding 15 for the ¼ of a Crown, then say by the Rule of Three, if the Deniers come of the said price, give Crowns 100 of Marc. how many will the Deniers come of the said sum of Crowns give? and multiplying the remainder of the division by 20 and by 12, to make them Sols and Deniers of Gold; in doing which, they will amount to Crowns 1385. 14. 11. of Marc. which must be had in the said place of Placentia for the said sum of Crowns of Estampe, as may be seen by the following Example. [...]
Proof.The proof of this account is seen when Placentia doth exchange with Rome.
CHAP. CCCXXIX. Of the Exchange of Rome with Florence.
Exchanges of Rome with Florence. ROme exchangeth with Florence, and giveth posito Crowns 92¼ of Gold of Estampe, to have in this place 100 Crowns of Gold? I demand for Crowns 1476. 2. 3. of Estampe, what Credit shall Rome have in the said Florence? To know which, you must reduce (as afore is said) the price and the sum of Crowns into Deniers of Gold, multiplying by 20 and by 12, and adding 5 Sol for the ¼ Crown; then say by the Rule of Three, If the Deniers come of the said price, give Crowns 100 of Gold, how many will the Deniers of the abovesaid sum of Crowns give? and multiplying the remainder of the division by 20 and by 12, to have Sols and Deniers of Gold, it will appear to come to Crowns 1600. 5. 2. of Gold: and so much Credit must Rome have in Florence. As for Example: [...]
Proof.The proof of this account is seen, when as Florence doth exchange with Rome.
CHAP. CCCXXX. Of the Exchange of Rome with Venetia.
Exchanges of Rome with Venice. ROme exchangeth with Venice, and giveth Crowns 73½ posito of Estampe, to have in that place Ducats 100 de Banco of Livers 6⅕ per Ducat. I demand for Crowns 850. 15. 8. of Estampe, what Credit in Banco shall I have at Venice? To do which, I must reduce as in the precedent accounts, the price and the sum of Crowns into Deniers of Gold, multiplying the same by 20 and by 12, and add 10 Sols for the ½ Crown, and then say by The Rule of Three, If the Deniers come of the price, give Ducats 100, how many will the Deniers give me that come of the abovesaid sum of Crowns? and multiplying the remainder of the Division by 24, to bring them into Gross, because that 24 Grosses are worth in the said City of Venice 1 Ducat of l. 6⅕, then it will make Ducats 1157½, which Rome hath Credit at Venice: as for Example: [...]
Proof.The proof of this account may be discerned, when as Venetia doth exchange with Rome back.
CHAP. CCCXXXXI. Of the Exchanges of Rome with Millan.
Exchanges of Rome with Millan. ROme exchangeth with Millan, and giveth posito Crown. 87⅘ of Estampe, to have in that place Crowns 100 of Livers 5. Sol. 17 per Crown; I demand, for Crowns 2140. 16 of Estampe, how many Livers of Millan shall I have?
First, reduce the price and the Crowns into Sols of Gold, multiplying them by 20, and to the multiplication add 16 Sol. ⅘ of a Crown, and then say by the Rule of Three, If the Sols coming of the price, give Crowns 100, how many will the Sols coming of the abovesaid sum of Crowns give? and multiplying the remainder of the Division by 20 and by 12, to make them Sols and Deniers of Gold, they will make Crowns 2438. 5. 4 d. the which you must reduce into Livers, by multiplying them by l. 5. 17. and they will make l. 14263. 17. 2 d. which I must have at Millan for the said sum of Crowns of Estampe; as appeareth plainly by this Example. [...]
Proof.The proof of this Rule is apparent, when Millan shall exchange with Rome.
CHAP. CCCXXXII. Of the Exchanges of Rome with Naples.
Exchanges of Rome with Naples. Rome Exchangeth with Naples, and giveth Crowns 100 of Gold of Estampe, to have in that place, posito Ducates 135⅔, I demand for Crowns 2346. 15. 4 of Estampe, how many Ducates shall I have? To do which, you must multiply the said sum of Crowns by Grains 135⅔ per Crown, seeing it is the same grains 135⅔ per Crown, as in Ducates 135⅔ per cent. because the Ducate is worth in Naples grains 100, and of the product will come Grains 318377, off the which you must cut the two last figures to make them Ducates, and then it maketh Ducates 3183, Taries 3, Grains 17, and these Taries and Grains make Grains 77, because that the Tarie is worth Grains 20, and so much you are to have in Naples for the said Crow. of Estamp, as appears by this Example following. [...]
Proof.The proof of the said account is seen when Naples doth exchange this sum back with Rome.
CHAP. CCCXXXIII. Of the Exchanges of Rome with Genoa.
Exchanges of Rome with Genoa. ROme exchangeth with Genoa, and giveth posito Crowns 101 of Gold of Estampe to have i [...] the said place Crowns 100 of Gold of Italy. I demand for Crowns 4000. 10. of Gold of Estampe, what Credit shall Rome have at Genoa? You must first reduce the said Crowns of Estampe into Crowns of Gold of Italy, at the rate of Crowns 100 of Estampe, for Crowns 102½ of Gold, and therefore you must multiply by 102½ in cutting the two last figures, the which you must multiply by 20, and by 12, and they will make Crowns 4100. 10. 3. of Gold of Italy; then say by the Rule of Three, If 101 Cro. give 100 Crowns, what shall 4100 Crowns 10. 3 give? And it will come to Crowns 4059. 18. 3 of Gold in Gold of Italy; and for to reduce them into Livers, you must multiply them by Livers 4 3/2 (the value of a Crown of Gold) and in so doing, it will come to l. 18269. 12. 1 current money, that Rome shall have Credit in Genoa for the said Crowes of Estampe; as for Example. [...]
Proof.The proof of the said rule is more apparently demonstrated, when Genoa doth Exchange this parcel back with Rome.
CHAP. CCCXXXIV. Of the Exchanges of Rome with Palermo or Mesina.
Exchanges of Rome with Paelermo and Mesina. ROme Exchangeth with Palermo or Mesina, and giveth 1 Crown of Gold of Estampe to have in one of the two said places posito Carl. 29⅕, I would know then for Crowns 4000. 10. 6, what Credit in Ounces shall Rome have in Palermo or Mesina: To do which, you must multiply the said Crowns by 29⅓, and the Product will be Carlins 117348. 7. 2. the which must be reduced into Ounces, by cutting the last sigure, and by taking the ⅙ of the rest, and the 48 remaining are Ca [...] lins, of which take the ½ and they shall be Taries, and in this working it will make Ounces 1955, Taries 24, Grains 7, and Picolies 2, which Rome must have Credit for in one of the aforesaid places, for the above-mentioned Crowns of Estempe, as is apparent by the following Example. [...]
Proof.The proof of this account is seen when Palermo or Mesina shall exchange back with Rome.
CHAP. CCCXXXV. Of the Exchanges of Rome with Antwerp.
Exchanges of Rome with Antwerp. ROme Exchangeth with Antwerp, and giveth one Crown to have in the said City of Antwerp posito 114 gross; I demand then, for Crowns 2000. 17. 8, how many pounds in gross, or gresses, shall Rome have Credit in Antwerp? To do this, you must multiply the said sum of Crowns by 114, and of the Product will come grosses 228100, the which reduced into Pounds Flemish will make l. 950. 8. 4. and for so much shall Rome have Credit in the said City of Antwerp, as for Example. [...]
Proof.The Proof of this account is demonstrated when this parcel is Exchanged back from Antwerp to Rome: And Note, That when Rome shall Exchange with Frankfort, Amsterdam, or any other part of the Netherlands, the account is made as in the abovesaid manner of Rome with Antwerp.
CHAP. CCCXXXVI. Of the Exchanges of Rome with London.
Exchanges of Rome with London. ROme Exchangeth with London, and giveth one Crown there to have in the said City posito 65 pence sterling. I demand then for Crowns 4000. 14. 8. of Estamp, how many pouads sterling shall Rome have Credit in London, which must be wrought as in the precedent account of Rome with Antwerp, and it will be found, that it will amount unto 1083. 10. 8. den. which lought to have in the said City of London, for the said sum of Crowns of Estamp, as may appear by the Example following. [...]
Proof.The Proof of this Rule will more evidently appear, when the sum of 1083 l. 10 s. 8¼ den. Sterl. is remitted from London to Rome, which I hope is not in these days used in England.
CHAP. CCCXXXVII. Of the Exchanges of Rome with the Cities of Valentia, Saragosa, or Barselona.
Exchanges of Rome with Valentia, Saragosa, and Barcelona. ROme doth exchange with Valentia, Saragosa, and Barselona, and giveth 1 Crown of Estam [...] to have in one of the said places Sols posito 25. den. 6. I demand then for Crowns 6000 14. 4. of Estampe, what Credit shall Rome have in one of the said places? To know which, you must multiply the said sum of Crowns of Estampe, by l. 1. 5. 6. and they will make l. 7650. 18. 3 d. which Rome shall have in Credit in one of the said places, for the said sum of Crowns of Estampe, as shall appear by this Example. [...]
Proof.The Proof this Rule is best seen, when this sum shall be remitted back from these Cities to Rome; and because that the Calculation to all these three places is made in one and the same manner, I have put them thus together, the price only giving the alteration in Exchange more or less in each City.
CHAP. CCCXXXVIII. Of the Exchanges of Rome with Sevil.
Exchanges of Rome with Sevil. ROme Exchangeth with Sevil, and giveth 1 Crown of Estampe to have in Sevil posito 456 Marvedes; I demand then for 400 Crowns of Estampe, how many Marvedes shall Ro [...] have in Sevil? To do which, you must multiply the said sum of Crowns of Estampe by 456 M [...] evedes, and they make 182400, which Rome must have Credit in the said Place: And it is hereto be noted, That throughout all Castilia the Exchanges are made in the same manner as at Sev [...]l, and they likewise keep their accounts in the denomination of Marvedes, and when as they amount to a million, they term it in Spanish a Quintos. [...]
Proof.At Alcala, and other places in Spain, the Account is as above made, and the further Proof thereof is seen, when that Sevil shall Exchange with Rome.
CHAP. CCCXXXIX. Of the Exchanges of Rome with Lisbon.
Exchanges of Rome with Lisbon. ROme doth Exchange with Lisbon, and delivereth one Crown of Estampe, to have in the said place posito 513 Raes. I demand what Credit in Raes shall Rome have in Lisbon for 325 Crowns 9. 6. d. this question is to be wrought, as in the precedent account is shewed, and it [...] appear, that Rome shall have Credit in Lisbon for Raes 166968, as shall be seen by the wor [...] ing thereof following. [Page 357] [...]
Proof.The proof of this Account is apparent, when that Lisbon shall Exchange back Raes 166968 with Rome at 513 Raes per Ducat.
CHAP. CCCXL. Of the Terms of Payment of Bills of Exchange in Rome.
Terms of payment of Bills of Exchange in Rome.From Rome the Terms are
- To Naples at 8 days sight, and from thence back at 10 days.
- To Bruges and Antwerp at 8 days sight.
- To Palermo at 15 days sight, and from thence back at 10 days.
- To Florence at 10 days sight, and so back.
- To Venice at 10 days sight, and so back.
- To Avignon at 45 days sight, and thence at 10 days back.
- To Valentia at 1 month from the date, and 10 days sight back.
- To Barselona at 2 months from the date, and 10 days sight back.
- To Lions on the Fair, and thence 10 days sight back.
- To Genoa at 10 days sight, and so back.
- To Pisa at 10 days, and the same back thence.
CHAP. CCCXLI. Of the Aggio of Moneys practised in the Exchanges and Payments of Rome.
The Aggio of money paid to Rome by Exchanges.THis Term Aggio, common in divers parts of Italy, is as much as the Valuable consideration, in the species of sundry Moneys, that are made in payments, either for Merchandize or in Exchanges by Bills, and is accounted the difference between the best Money, used in Terms of Exchanges, and the worst used in payments of Goods; and therefore for the declaration and manifestation thereof, I have made this Question and Chapter, by way of Proposition and Demand. A certain Merchant in Rome, finding himself to have received for Merchandize sold by him to another, Crowns 3441, and Baiocs 97, of Julio's 10 per Crown, which he desires to reduce into Crowns of the Fstampe, or as some Term them de Camera, thereby to make them fit to be remitted into any other place, the Aggio of the Moneys being considered, as commonly is seen at 45 Julio's; I demand then how many Crowns of Estampe the same will produce? To know which, you must first see how much the 100 Destampe are worth in Julio's at Julio's 12 the Crown, which will be Julio's 1200, to which must be added 45 Julio's for the Aggio thereof, because that the Crown of Estampe is worth 12 Julio's, and then the Aggio, which comes to be 12 Julio's and Baiocs 4½ per Crown, or else 45 Julio's for Crowns 100, and they will be 1245 Julio's, and so much shall 100 Crowns Destampe be worth the Aggio of the Money comprised; likewise in the same manner you must reduce the said Sum of Crowns of money into Julio's, and they make Julio's 34419 and Baiocs 7, comprehending 9 Julio's and 7 Baiocs, for 97 Baiocs, and this being done, then work by the Rule of Three, and say, If Julio's 1245 give Crowns of Gold of Estampe 100 Crowns, how much shall the said Julio's 34419. 7 give? Then to multiply the said Julio's by 100, there is only a Cypher to be added after the 7 Baiocs, and prosecuting thus the working of the question, it will amount unto Crowns 2764. 12. 8. of Estamp. Proof of the Aggios account.Now to prove the said account, you must multiply the said Crowns of Estampe by Julio's 1245 per cent. in cutting the two last figures, and of the Product, there will remain Crowns 3441, and Baiocs 96⅘, and so the account will appear to be well made, saving a small broken number lost, and in this manner must be wrought all like accounts, though the Aggio of the money be either augmented or lessened, still by adding the Aggio, such as it shall be found to be, with or to the [Page 358] Julio's 1200, which is the price of 100 Crowns of Gold Destamp. The whole question I shall for Explanation demonstrate by the working thereof in this Example: And first, [...]
CHAP. CCCXLII. Of Orders and Commissions given and received for Draughts and Remittances by Exchanges in Rome.
Orders and Commissions given and received for draughts and remittances in Rome.I Will herein, following my first intended method, give you also a Proposition or two of a Draught and Remittance by Commissio [...] and Order, the manner whereof largely explained by Example, will be full and sufficient for reglement for the like Draught or Remittance from this City to any another place.
From Rome then is remitted to Venice, at Crowns 97¼ posito, and from thence is remitted to Placentia, at Ducates 136⅔; I would now know at how much cometh the Remittance from Rome for Placentia? To do which, work thus:
You must first multiply the said Duc. 139⅔, being the price of 100 Crowns of Mark by Crowns 72¼ per cent. cutting the two last figures, the which being multiplied by 20 and by 12, to reduce them into Sols and Den. of Gold, and in thus working it will come to Crowns 98, 14. 9. to the which must be added ⅓ per cent. for the provision, paid at Venice, which is 6 Sols, 7 Deniers, and they make Crowns 99 1/15, and so many Crowns Destampe disbursed in Rome, for 100 Crowns of Marc. of Credit at Placentia, as doth appear by Example following. [...]
Proof.To prove this account, you must see how much the sum of Crowns Destamp that you would remit, are worth in Ducates in Venice, at the said price of Crowns 72¼ for Duc. 100, out of which to make the Remittance to Placentia, the provision is to be taken out at ⅔ per cent. then [Page 359]see, how many will the Crowns of Mark give at Duc. 136⅓ for 100 Crowns of Mark, and the Crowns of Mark, which come thereof, must be multiplied by the said price of 99 1/15 per cent. and in thus working will come to the self-same sum of Crowns of Estampe, which are disbursed in Rome for the Remittance made to Venice, and by the Rule may the proof be made of all other accounts of the self-same subject.
But it is to be noted, that the said account cannot serve in any other occasion, but where the Remittance is made from Rome to Placentia, and that the Exchange is at 100⅓ Crown of Estampe, for 100 Crown of Mark thereby to discern, if it be the more profitable, to remit, as they te [...]m it, a dritura, or straight, or else to make Remittance to Venice, and from Venice to Placentia, as is beforesaid at the abovesaid prices, the Remittance coming to be at 99 1/15 Crowns of Estampe, so that as it is apparent, it is more beneficial to remit to Placentia by the way of Venice, for as much as it is seen by this Example, that for 100 Crowns of Mark in that place, there is no more paid and disbursed, but Crowns 99 1/15 in Rome, and making the Remittance straight, and a dritura, 100⅓ Crowns is to be disbursed. And moreover it is to be noted, that their Exchange is made sometimes at a greater or less price, according to the abundance or scarcity of the moneys current, and therefore these accounts serve only but for instruction sake, and to shew how the Rules thereof are to be reckoned and cast up.
Another Example of a Commission given to enlighten this point, I will add hereunto.
There is Order and Commission given at Rome to remit to Venice at 73⅔ Crowns, and to prevail for the same from Placentia at Crow. 93⅓, but there is found Bills of Exchange for Venice at Crowns 74⅓, and money for Florence at Crowns 94⅔, the question is then; If at these prices the said Commission and Order may be effected? The which to accomplish and know, I must say by the Rule of Three, seeing that Rome giveth the uncertain to both those said places, If Crowns 73⅔ give 93⅓ Crowns, what will Crowns 74⅓ give? And it will give by the said Rule, Crowns 94. 3. 6 d. so that this Order and Commission may be accomplished and performed with benefit, because that remitting to Venice at Crowns 74⅓, it ought to be drawn to Florence at Crowns 94. 3. 6, and there it is found at more, videlicet at Crowns 94⅔: As for Example. [...]
And thus much shall serve for instruction and method to the Exchanges and Commissions practised at Rome, and now I will proceed to the next eminent place of Exchanges, according to my intended method, which is Naples.
CHAP. CCCXLIII. Examples of the Exchanges practised in Naples, and how the same are to be calculated.
Examples of Exchanges practised in Naples.I Have shewed in the general Exchanges of Naples, with how many other places this City is found to Exchange, and there also shewed the common rates, how the same doth govern, which every day is so found to alter, that no set rule can peremptorily be set down for the same, yet it is in it self so beneficial, that thereby the Learner may know how to make his account, either in his Draughts or Remittances; the way of making which account now remaineth to be handled, observing the same with so many other places, as may be fittest to understand the ground thereof.
Accounts in Naples.It is also there observed, that the Bankers and Exchangers of the place do keep their account in Ducats, Taries and Grains, the which are cast up by 5, and by 20, because that 5 Taries do [Page 360]make a Ducate, and 20 grains a Tarie; also that the Crown of Gold, in Gold of this Kingdom, is 13 Carlins, or 6½ Taries, and the Crown of money or Silver is 11 Carlins or 5½ Taries, the Ducute of Gold being worth 6 Taries, and the Ducate current is worth 5 Taries.
CHAP. CCCXLIV. Of the Exchanges of Naples with Lions.
Exchanges of Naples with Lions. NAples then Exchangeth with Lions, and giveth posito Ducates 127½ to have in this place 100 Crowns of Gold of the Sun, I demand then, for Ducates 3295 and 1 Tarie, how many Crowns of Gold shall I have in Lions? To know which you must say, by the Rule of Three, If Ducates 127½ give 100 Crowns, how many will Ducates 3295⅕ give? Multiplying the remainder of the Division by 20 and by 12, to make them Sols and Deniers, and it will make Crowns 2584. 9. 4. of Gold of the Sun, which I should have at Lions. [...]
Proof.The proof of this account is seen, when Lions exchangeth back either for Naples, Bery, Lechy, or any other City of that Kingdom.
CHAP. CCCXLV. Of the Exchanges of Naples with Placentia.
Exchanges of Naples with Placentia. NAples Exchangeth with Placentia, and giveth posito Ducates 132¼ to have in this place Crow. 100 of Mark; I demand then for Duc. 3416, Taries 2, and Grains 8, how many Crowns of Mark shall I have at Placentia? To do which, I must first reduce the said sum of Duc. into Grains; and if there were neither Taries nor Grains, it were done by the only addition of two Cyphers, because that the Ducate is worth 100 Grains; and because that there is in this Question 2 Taries and 8 Grains, 48 Grains is to be added, and take Grains 132¼ for Divisor of the said sum, seeing it is as much at Grains 132¼ per Crown, as at Duc. 132¼ per Crown 100, multiplying as well the one part as the other by 4 to bring them into quarters of Grains, and after Division by multiplying the rest of the Divisor by 20 and 12 to bring them into Sols and Deniers of Gold; and all this done, it will come to Crow. 2573. 12. 4 of Mark, which I must have in the said place of Placentia for the said sum of Ducates above-mentioned; as for Example. [Page 361] [...]
Proof.The proof of this Account is more apparently demonstrated, when this sum or parcel is exchanged back from Placentia to Naples, Bary, Lechy, or other Cities of this Kingdom.
CHAP. CCCXLVI. Of the Exchanges of Naples with Rome.
Exchanges of Naples with Rome. NAples doth exchange with Rome, and giveth posito. Ducats 135⅔ in this place, to have in Rome 100 Crowns of Gold of Estampe: I demand then for Ducats 3183. 3. 17. what credit in Crowns shall Naples have in the said City of Rome? To know which, the question is wrought as is before mentioned in the precedent Exchange of Naples with Placentia, and it cometh to Crowns 2346. 15. 2. of Gold of Estampe or de Camera, and for so much shall Naples have credit in Rome, as for Example: [...]
Proof.The proof of this Rule is manifested, when this parcel is Exchanged back from Rome to Naples, Bary, Lechy, or to any other City of this Kingdom.
CHAP. CCCXLVII. Of the Exchanges of Naples with Florence.
Exchanges of Naples with Florence. Naples exchangeth with Florence, and giveth Duc. posita 119⅔ to have in Florence 100 Crowns of Gold: I demand then for Duc. 934. 1. 10. how much shall Naples have Credit in the said City of Florence? This must be wrought as the precedent question of the Exchange of Naples [Page 362]for the City of Rome, and it will come to Crowns 780. 15. 0 of Gold, and so much shall Naples have credit in the said place of Florence, as appeareth by this Example. [...]
Proof.The proof of this Account is declared, when this parcel is Exchanged back from Florence to Naples.
CHAP. CCCXLVIII. Of the Exchanges of Naples with Venice.
Exchanges of Naples with Venice. NAples Exchangeth with Venice, and giveth posito Ducats 97¼ to have in Venice Ducas 100 of Livers 6⅕ of this Money (which now is termed in Banco) I demand then for Ducats 1799. 1. 13 of Naples, how many Ducats shall I have in the place of Venetia? This is to be wrought as the precedent, multiplying the remainder of the division by 24, to bring the same into gross, because that the Ducats of Livers 6. 4 s. maketh 24 gross, and it will come to Ducats 1850 5/24, and so many Ducats shall Naples have in the said place of Venice, as by the Example following. [...]
Proof.The proof of the said Account appears when this parcel of 1850 3/24 is exchanged ba [...] from Venice, to the aforesaid place of Naples.
CHAP. CCCXLIX. Of the Exchanges of Naples with Millan.
Exchanges of Naples with Millan. NAples exchangeth with Millan and giveth posito Duc. 98½ to have in Millan Crow. 100 of Livers 5 per Crow. of the money of this place; I demand then for Duc. 850, how many Crow. shall I have in Millan? To know which, I must do as in the precedent exchanges, multiplying the remainder of the division by 20 and 12, to bring the same into Sols and Deniers, and by this working it will make Crow. 862. 18. 10. and to know how many Livers they are, they must be multiplied by 5 Livers, beginning to multiply the Den. then the Sols, and afterward's the Crow. calculating for 12 Den. one Sols, and for 20 Sols in Money one Liver, and it [Page 363]will make l. 4314. 14. 2, which one shall have in the said place of Millan for the said Ducates 850. As for Example, [...]
Proof.The proof of this account is manifested, when this parcel is Exchanged back from Millan to Naples, as aforesaid.
CHAP. CCCL. Of the Exchanges of Naples with Lechy and Bary.
Exchanges of Naples with Lechy and Bary. NAples exchangeth with Lechy and Bary, Cities within that Kingdom, and giveth posito 98½ Ducates to have in the said places Ducates 100. I demand then for Ducates 3850. 1. 15 of Naples, how many Ducates shall I have in these two places. This Rule must be cast up as in the precedent Exchange for Millan, and multiplying the remainder of the division by 100, to bring it into grains, and thereof will come 98 which are 4 Taries, and grains 18, and in all Ducates 3908, Taries 4, grains 18, which Naples shall have credit in the said places; And note, That when Naples exchangeth with Montetion, with Cosense, or any other part of this Kingdom, the account is made as above: As for Example, [...]
Proof.The proof of this Rule and Account is thus made up. [...]
CHAP. CCCLI. Of the Exchanges of Naples with Mesina.
Exchanges of Naples with Mesina. NAples exchangeth with Mesina, and giveth posito Duc. 115⅛ to have in Mesina Crowns 100 of Tar. 13 of that money, I demand how many Crowns of Taries 13 shall I have there for Duc. 2348. 3. 8. To do which, working, as by the precedent Rules, I say: If Grains 115⅜ make one Crown of 13 Taries, what will Grains 234868 make? And multiplying the remainder of the division by 52, to bring them into half Carlines, because that 13 Taries are worth 26 Carlins, and by this working it maketh Crowns 2035 36/32, which abridged are 9/13, or otherwise multiplying the remainder of the division by 13, and then by 20, to bring them into Taries and Grains, which will be the easier to comprehend; but the reason why I have otherwise demonstrated it, is because herein I would follow the method and manner of the Merchants of Naples, who in their accounts are accustomed to do as above is shewed, and to reduce the said Crowns 2035 9/13 into ounces, you must multiply by 13 to bring them into Taries, adding to the multiplication 9 for 9/13 and they will be Taries 26464, from which cutting the last figure, and take ⅓ of the rest to make them Ounces, because that 30 Taries is an ounce, and the remainder of these thirds are tens of Taries, to the which adding the figure cut off, which are so many Taries, as must be placed after the ounces, and it will make ounces 882. 4, and for so much shall Naples have credit in the said place of Mesina for Duc. 2348. 3. 8. [...]
Proof.The proof of this Rule is manifested, when that Mesina shall be found to Exchange for Naples.
CHAP. CCCLII. Of the Exchanges of Naples with Palermo.
Exchanges of Naples with Palermo. NAples exchangeth with Palermo, and giveth one Ducate to have in the said place posit [...] 166½ Pontos, I demand for Duc. 2846. 2. 10. what credit shall I have in ounces in Palermo; to do which, multiply the said sum of Duc. by 166½ Pontos per Ducates, and it makes Pontos 473942, to which add ⅓, to make them Grains, because that 1 Pontos is 1 Grain and ⅓, and for as much as one Grain is worth 6 Piccolis, and 1 Pontos is 8 Piccolis, and it maketh Grains 631922, to reduce which into ounces, you must cut off the two last figures, and take ⅙ of the rest, because that 600 Grains make an ounce, which in all make ounces 1035, and there remaineth 1, which is worth with the two figures cut off 122 grains, which are 6 Taries and 2 grains, because that 20 grains is 1 Tarie, and they will be ounces 1053, Taries 6 and Grains 2, and so many ounces by the said Exchange shall you have in Palermo; Aggio allow'd in Palermo. And note, That over and above, they give credit 1 Carl. per ounce for good money, to add which said Carl. per ounce, do thus, considering that for the said ounces 1053, will come the same sum of Carlins, for the Aggio of the money; and to make the said Carlin into ounces, you must cut the last figure, and take ⅙ of the rest, will make ounces 17, and there will remain 3 tens of Carlins, which are 30 in value, to which adding the figure cut, and it is 33 Carlins, for which taking ⅓ to make them Taries, (a Carlin being ½ a Tarie) which are 16 Taries, and the remainder is 1 Carl. in worth 10 grains, and adding 2 grains for the 6 Taries, which is with the ounce, because that for 3 Taries, which [Page 365]are 60 gra. the Aggio will be 1 grain, and it will be in all ounc. 17, tar. 16, and gra. 12. which added to the abovesaid ounces, it makes 1070 Tar. 22, and gra. 14, and so much credit you shall have in Palermo for Duc. 2846, 2. 10. in Naples at Pont. 166½ per Duc. Example. [...]
Proof.The Proof of this account is shewed, when Palermo doth exchange back with Naples this same parcel.
CHAP. CCCLIII. Of the Exchanges of Naples with Genoa.
Naples Exchangeth with Genoa. NAples exchangeth with Genoa, and giveth one Ducate to have posito in Genoa 66⅔ Sols, I demand for Duc. 1345. 4. 5, how many Livers current money shall I have in Genoa, the which is done by Multiplication in taking of grains 85, which are the 4 Taries, and grains 5. the ⅓: Seeing that it may be calculated for one grain of Naples ⅔ of a Sols, and it will come to Sol. 89723, and Deniers 4, which to reduce into Livers you must cut the last figure, and take the ⅓ of the rest, and if any rest, it will be a tenth, to which must be added the figure cut off, and it will be Sols, and thus it will appear to be Livers 4486. 3. 4. and so much will your credit be in the said place of Genoa, as by this Example. [...]
Proof.The proof of the said Rule is more evident, when this sum cometh to be rechanged from Genoa to Naples, as is aforesaid.
CHAP. CCCLIV. Of the Exchanges of Naples with Antwerp.
Exchanges of Naples with Antwerp. NAples exchangeth with Antwerp, and giveth one Ducate, to have in Antwerp posito 90 gross. I demand then by this Exchange, what credit shall Naples have in Antwerp for 3200 Duc. to do which, you must multiply the said sum of Duc. by 90, and it maketh 288000 gra. which reduced to pounds Flemish, will make 1200 l. 00. 0 d. and so much credit shall Naples have in Antwerp for the said sum of Duc. 3200. As in the following Example. [Page 366] [...]
Proof.The proof of this Rule is more apparent, when this sum of 1200 l. Flem. is rechanged from Antwerp to Naples.
CHAP. CCCLV. Of the Exchanges of Naples with London.
Exchanges of Naples with London. NAples doth exchange with London, and giveth one Ducate to have in London posite 52 pence sterling, I demand then for 1528 Duc. how many pounds sterling shall Naples have credit in London: this must be done as in the precedent account, of Naples and Antwerp, and it will be found that the same will give in London 331 l. 1 s. 4 d. which is the sum that Naples shall have credit there for 1528 Duc. delivered: As for Example: [...]
Proof.The proof of this Rule will appear, when as 331 l. 1 s. 4 d. shall be rechanged from London to Naples.
CHAP. CCCLVI. Of the Exchanges of Naples with Valentia.
Exchanges of Naples with Valentia. NAples doth exchange with Valentia, and giveth one Ducate for posito 21 Sols in Valentia, I demand then for Duc. 2306 of Naples, how much shall I have credit in Valentia; to know which, you must do as in the Exchange preceding, multiplying the said sum by 21 Sols, and they will make 2421 l. 6 s. which Naples shall have answered in Valentia at the price above shewed; the like is to be observed in the Exchanges of Saragosa and Barselona, which I here omit for brevity, to which this Example shall suffice. [...]
Proof.The Proof of this Rule is seen, when this sum shall be rechanged from Valentia to Naples.
CHAP. CCCLVII. Of the Exchanges of Naples with Sevil.
Exchanges of Naples with Sevil. NAples doth exchange with Sevil, and giveth one Ducat, to have in Sevil posito 402 Marvedes; I demand then for 2634 Ducats in Naples, how many Marvedes shall I have in Sevil? To do which, you must multiply the said sum of Ducats by 402 Marvedes, and they make Marvedes 1058 868, which Naples must have credit in the said place. And moreover it is here to be noted, That throughout all Castilia the Exchanges are made in the same manner as at Sevil, and they likewise keep their Account in the same denomination of Marvedes, which when amounting to one million, they term it in Spanish a Quinto, marked. thus V. Example. [...]
Proof.And accounted 1058 V. or Quintos 868 mar. The proof whereof is seen when Sevil rechangeth with Naples.
CHAP. CCCLVIII. Of the Exchanges of Naples with Lisbon.
Exchanges of Naples with Lisbon. NAples doth exchange with Lisbon, and giveth one Ducat to have in Lisbon, posito 498 Res; I demand for 1200 Ducats in Naples delivered, how many Res I shall have credit in Lisbon? This question is wrought as in the precedent with Sevil, and it will appear that Naples hall have in Lisbon the Sum of 597 V. 600, as by the following working thereof. [...]
Proof.The proof of this Rule is manifested, when that Lisbon shall have occasion to rechange for Naples.
CHAP. CCCLIX. Of the Terms of the Payment of Bills of Exchange in Naples.
Terms of Bills of Exchange in Naples.From Naples the Terms are
- TO Rome at 10 days sight, and at 8 days back.
- To all other places of that Kingdom at 8 days sight, and so back.
- To Florence at 20 days after date, and thence at 10 days back.
- To Venice at 15 days sight, and the like thence.
- To Avignon at 60 days from the date, and thence at 20 days sight.
- To Valentia at 40 days sight.
- To Genoa at 10 days sight and thence at 15 days sight.
- To Pisa at 10 days sight, and so thence.
- To Palermo at 10 days sight, and the same back.
CHAP. CCCLX. Of Orders and Commissions given and received for Draughts and Remittances in Naples.
Orders and Commissions given and received for Draughts and Remittances in Naples.ACcording to my intended method, I will here add an Example or two of Draughts and Remittances, by Commission and Order, performed in this place of Naples, posito.
1 Example.To Naples cometh Order from Venice, that the Remittance is made to the said place at Duc. 98⅓, in drawing from Placentia at Duc. 135½, but there do Bills present for Venice, at Duc. 99⅓: I demand then, (considering the loss that falleth out in the Remittance) at how much ought I to draw for Placentia? To know which, you must say by the Rule of Three, If Duc. 98⅓, give Duc. 135½, what will 99⅔ Duc. give? and it will come to 137⅓ Duc. and at that rate the draught must be made for Placentia, in the Remittance for Venice at Duc. 99⅔ and th [...] the Commission will remain effected according to the order given: As for Example: [...]
2 Example.Again, presuppose that at Naples cometh Order from Florence, to remit to Rome, at 134 [...] and to prevail for Naples at 121⅕, there is found Bills for Rome at 136⅕, and money for Farence, at 122⅗ I demand then, if at these presenting prices the Commission may be acco [...] plished? To know which, work by the Rule of Three, and say, If Duc. 134⅖ give Duc. 121 [...] what will Ducates 136⅕ give? and it will come to Ducats 122 and grains 58, so that as it is apparent, the Commission may be effected, because that Remitting to Rome 136⅖, the dr [...]s for Florence must be made at Duc. 122, grains 58, and it is found at 122⅗, which is 60 grains more; as by the following Example: [...]
3 Example.Again, at Naples cometh Order from Palermo, to draw to the said Palermo, at Pont. 168 and to remit to Placentia at 134½. Now there is found Money for Palermo, at 166⅓, a [...] [Page 369] Bills for Placentia, at 136. I demand then, if the said Commissions may be effected, at the Rates presented? To do which, you must work by the Rule of Three, taking one of the prices which are found for the Divisor, as hath been shewed by the instruction given upon Commissions, and say, If Pontos 166½ give 134½, what will 168¼ give? And it will make Ducats 135 9/10, or thereabouts. So that it appears this Order and Commission may not be performed, seeing that drawing to Palermo at 168¼, the remittance cannot be made for Placentia at more then 135 8/10, and there is found Bills but at 136; as by this Example: [...]
4. Example.Again, at Naples cometh Order from Genoa, to remit for Placentia at 133, and to prevail from Mesuia at 114, clear of charge: There are found Bills for Placentia, at 131⅓. I demand (considering the benefit which is given in the remittance) at what price may the parcel be made? To know which, say by the Rule of Three; If 133 give 114, what shall 131⅓? And it will come to Duc. 112, and 57 Gr. To the which must be added 44 Grains, for the provision which is there taken at ⅖ per cent. and it will be Ducats 113; And at a lesser price, may not be taken for Mesina. The Example will make it evident: [...]
And this is as much as I conceive sitting to have said of the Exchanges, Orders and Commissions practised in the City of Naples; And next to Genoa.
CHAP. CCCLXI. Examples of the Exchanges practised at Genoa, and how the same are concluded.
Exchanges practised at Genoa.I Have shewed elsewhere, the general Exchanges of Genoa, and with how many other places this City is found to Exchange, and there also declared the common rates and prices, how the same is found to govern, which notwithstanding is found so subject to alteration, that it cannot admit of any great certainty, yet so far it is conducible to this knowledge, that it may serve as a certain rule for the calculation thereof, either in the Draughts, Remittances, or Orders, that may happen to fall within the limit of this City, the forming of which accounts now remaineth to be handled, observing the same with [Page 370]some other principal places, which being well understood, will enlighten the way to what is here by me for brevity sake willingly omitted.
Accounts in Genoa.To give then Introduction thereto, it is to be noted, that Exchangers do here keep their accounts several ways, as some in Livers, Sols and Deniers of current money, and others by Livers, Sols and Deniers money of Gold, and both these accounted and summed up by 20 and 12, because 20 Sols make a Liver, and 12 Deniers do make a Sol.
Moreover, it is to be noted, that the Crown of Italy of Gold, in Gold, is worth here in current Money 90 Sols of Genoa, though it is found sometimes to be worth more, and sometimes less, as Moneys are requested: Notwithstanding, the said Crown is always given for 68 Sols Money of Gold.
Again it is to be observed, that in Genoa all, or the most part of Exchanges that are practised, are effectively for Placentia, Lions, Millan, Venice, Naples and Rome; and therefore in the handling thereof, I shall, to avoid tediousness, be the briefer.
CHAP. CCCLXII. Of the Exchanges of Genoa with Placentia.
Exchange of Genoa with Placentia. GEnoa doth Exchange with Placentia, and giveth posito Sol. 87¾ current money, to have there 1 Crow. of Mark. I would know then, for Livers 10269. 19. 3 d. current money, how many Crow. of Mark I shall have in Placentia?
1. Example.First then multiply the said Sol. 87¾ by 4, to bring them into 4/4, adding the [...]/4, and they make 351 quarters; and then multiply the said sum of Livers by 20, to make them Sols, and then by 4, to make them quarters of Sols, adding to the multiplication ¼ for the 3 Deniers, and it will be in all 821 597, which divide by 331 the price of the Crown of Mark and the division will be 2340, multiplying the rest by 20 and by 12 to make them Sols and Deniers, and they will be in all Crow. 2340. 14. 7. of Gold of Mark, which you must have in Placentia, as by Example will be more evident: [...]
To prove this account, you must multiply the said Crowns of Mark by Lib. 4. 7. 9. beginning to multiply by the Deniers, and then by Sols, calculating it by 12 Deniers for one Sol, and by 2 [...] for one Liver, and of the product will come l. 10269-18-11. so that it is evident, that the account is just, the difference being in some small parts of the division which is lost, as by Example: [...]
[Page 371] Another Example of the said Exchanges.At Genoa it is oftentimes seen that the Exchange is made for Placentia in Sols of Money of Gold, and the difference of this money is, that the Crown of Gold, by decree of the estate, is worth Sols money of Gold, and in current money 90 Sols, and though that the said price of the current money rise and fall, the money of Gold, never varieth from the said price of 68 Sol. If then I would know for Livers 2816. 13. 4. money of Gold, which one exchangeth at 66 5 d. money of Gold per Crown, how many Crowns of mark, shall one have? Do thus: Reduce the abovesaid Livers into Deniers, multiplying them by 20, and the Sols resting by 12; likewise reduce the said Sols 66. 5 Deniers, into Deniers, multiplying them by 12, and that which will come thereof shall be the Divisor of the sum of Deniers, come of the said Liv. the which divided, will be 848 Cro. 3. 7. of Mark. [...]
Proof.To prove this Rule, multiply this by 5 d. and the product will be 2186. 13. 3. which shews the account to be just cast.
Third Example.In Genoa I would deliver for Placentia lib. 3248. 15. of current money, which is exchanged at 67 Sol. 10 d. of money of Gold, I demand how many Crowns of Mark they will be? First reduce the said sum of Livers of current money, into Livers of money of Gold, dividing the same by 90 Sols, the price of the Crown of Gold in current money, and they will be Crowns 721. 18. 10, which must be multiplyed by 3 l. 8 s. the price of the Crown in money of Gold, and it will come to lib. 2454. 12. money of Gold, which divided by 67. 10, to see what the Crowns of Mark are worth, and they will make Crowns 723. 14. 3. of Mark, and so much shall Genoa have medit in Placentia for the said l. 3248. 15 of current money, as the example shall more evidently demonstrate: [...]
To reduce Livers of current money into Livers of Gold in Geona.If in Genoa you would reduce any sum of current money, into Livers of money of Gold by a short rule, because that the Crow. of Gold in current money is 90 s. and in money of Gold 68 s. you must take of the current money twice ⅓ placing them the one under the other, and out of [Page 372]one of the said ⅓ take ⅕, and of that which cometh of the said ⅕ you must take ⅓, and adding these 4 parcels together, will come Money of Gold, as will appear by this Example: [...]
Proof.For proof of the said account, if by the same method you would reduce Livers of Money of Gold into Livers of current Money, you must add to the said Livers of Money of Gold the ¼, and of that which will come thereof, take 1/17, adding the said two parcels together, and they will make Livers of current Money: Example: [...]
And thus much shall serve for the Exchange of Genoa with Placentia; wherein I have thought fit thus far to enlarge my self by reason of the great Exchanges continually practised between the said two places.
CHAP. CCCLXIII. Of the Exchanges of Genoa with Lions.
Exchanges of Genoa with Lions. GEnoa Exchangeth with Lions, and giveth posito Sols 59. 9. Money of Gold, to have in Lions a Crown of the Sun; I would know then, for Livers 37296. 6. 0 of current Money in Genoa, how many Crowns of the Sun I shall have in Livers? First reduce the said sum of Livers of current Money into Livers of Money of Gold, by the former Rules, dividing by Sol. 90. the price of the Crown of Gold in current Money, and they will make Crowns 8288. 1. 4. which must be multiplyed by l. 3. 8. 5. the price of the Crown in Money of Gold, and it will come to l. 28179. 8. 6. the which divided by Sol. 59. 9. the price of the Crown of the Sun, it will be Crowns 9432. 8. 10. And so many Crowns of the Sun will Lions give for those Livers of c [...] rent Money, as above propounded. Example: [...]
Proof.The proof of this rule will appear, when this parcel shall be rechanged back from Lions to Genoa.
CHAP. CCCLXIV. Of the Exchanges of Genoa with Millan.
Exchanges of Genoa with Millan. GEnoa doth Exchange with Millan and giveth 1 Crown of Livers 4 of current Money to have in this place posito Sol. 118½; I would know then for Livers 3850. 14. 8. of current Meney, what credit shall Genoa have in Millan? First, take the quarter of the said sum of Livers, to make the same into Crowns of Livers 4, and they will make Crowns 962. 13. 8, the which must be multiplied by Livers 5. 18. 6. per Crown which are the said Sol. 118½, and they will make l. 5703. 17. 11 d. And so much shall the said credit be in Millan, as doth appear by the Example in the work following: [...]
Proof.The proof of this account will more evidently appear, when this parcel is rechanged for Genoa from Millan.
CHAP. CCCLXV. Of the Exchanges of Genoa with Venice.
Exchanges of Genoa with Venice. GEnoa doth Exchange with Venice, and giveth one Crown of Livers 4 current money, to have in Venice posito 146½. Sol de Banco and of that money: I demand for l. 8340. 12. 0. turrent Money of Genoa, how many Ducats de Banco of l. 6⅕ per Duc. shall one have credit in Venice? To do this then, first take the ¼ of the said sum of Livers to reduce them into Crowns of 4 l. and they will make Crowns 2085. 3. 0. the which by l. 7. 6. 6. per Crowns, which are the said Sol. 146½, and of the Product thereof will come l. 15273. 14. 6. which must be reduced to Ducats, dividing them by 124, the price of the Ducat of 6 l. 4 Sol. and multiplying the rest of the Division by 24, to bring them into Grosses, because that 24 Grosses maketh one Ducat; and by thus working, the same will be Ducats 2463. ½ and so many Ducats of lib. 6⅕ shall you have credit in Banco for at Venice; as for Example: [...]
Proof.The proof of this rule is seen, when Venice doth Exchange back for Genoa this said sum.
CHAP. CCCLXVI. Of the Exchanges of Genoa with Naples.
Exchange of Genoa with Naples. GEnoa doth Exchange with Naples, and giveth posito 66⅔ Sols of current money, to have in this place one Ducat of 5 Taries, I demand then for liv. 4486. 3. 4. current Money how many Ducats in credit shall I have in Naples?
First reduce all the said sum of Livers with the said l. 66⅔ of current Money into Deniers, multiplying the Livers by 20, and the Sols that come thereof by 12, doing the same by the Sols, of the price of the Exchange, multiplying the same by 12, and by the Division thereof it will make Ducats 1345, and multiplying the remainder of the Division by 100, by reason that 100 Grains doth make one Ducat, and there will come Grains 85, which are worth 4 Taries, and Grains 5, seeing, as hath been before remembred, that 1 Tary is in Naples 20 Grains: And by thus working, it will make Ducats 1345. 4. 5. and so much shall the credit be in Naples, as by the Example: [...]
Proof.The proof of this account is seen, when Naples shall Exchange back with Genoa. I could much more inlarge the Exchanges practised at Genoa with other places, but for brevity I willingly omit the same, and therefore now come to the Commissions and Orders given in matters of Exchanges at Genoa.
CHAP. CCCLXVII. Of Orders and Commissions given and received for Draughts and Remittances in Genoa.
Orders and Commissions given and received for Draughts and Remittances. in Genoa. 1. Example.ACcording to my proposed method, I will here add one or two Examples of the Orders and Commissions, given and thereby received in Draughts and Remittances at Genoa.
First the posito from Venice, there is order given to Genoa, to remit to Venice, and to prevail for Millan, at such a Price that the Draught from Millan to Venice, comes but to 148 l. clear of all charges; now then there do present Bills for Venice, at 149, and money for Millan at 148. I demand if at these prices, the said Commission may be performed? To do which, say by the Rule of Three, If Sols 148 of Venice give at Millan, Sols 117, being the price of the Crown of the said Millan, what will Sols 149 give, the price of the Crown of Livers 4 l. at Genoal And it will come to 117¼ Sol. the which without deduction of provision, is apparent that the Commission cannot be performed, because that the remitting to Venice at 149, the Draught cannot be made for Millan at more then 117¾ besides the provision, and the patido is found at 118 Sols, as the Example sheweth: [Page 375] [...]
See ExampleAgain to Genoa cometh order from Antwerp to buy some Velvets, and to prevail for the same by Placentia, at such a price, that the Palm of Velvets in Genoa, amount not (being bought) to more than Sol 8½ money of Gross, and the Draught for Placentia at Gross 123. Now there is found Velvets at 72¼ Sols the Palm, and Money for Placentia at Sol 88. in current Money I demand then, if at these prices the said Commissions may be effected? To know which, say by the Rule of Three, if Gross. 123 the price of the Crowns of Mark, give at Genoa, Sol. 88. what will Gross 102. which are the said Sol. of 8½ of Grosses, give? and it will come to Sol. 72. 11 so that as it will appear, the said Commissions may be performed to benefit, because that in drawing for Placentia at 88. Sol the Velvets may be bought at 72 Sol. 11 Den. the Palm, and i [...] is found at 72 1/ [...] Sol. [...]
CHAP. CCCLXVIII. Of the terms of payment of Bills of Exchanges in Genoa.
Of the terms of payment of Bills in Genoa.From Genoa the terms of Bills are.
- TO Venetia at 15 days sight, and at 16 dayes back.
- To Avignon at 15 days sight, and so back.
- To Barselona at 20 days sight, and so back.
- To Valentia at 20 days sight, and so back.
- To London at 3 months from the date, and so back.
- To Millan at 5 days sight, and so back.
- To Rome at 10 days sight, and so back.
- To Pisa at 5 days sight, and so back.
- To Gaietta at 10 days sight, and so back.
- To Bridges and Antwerp at 10 days sight, and thence at two months from the date.
- To Paris the same as to Bridges and Antwerp.
- To Naples and Palermo at 15 days sight, and back at 20 days sight;
And thus much shall serve for Exchanges practised at Genoa together with the Comnissions given and received there, and so proceed to the next eminent place of Exchanges. Venetia.
CHAP. CCCLXIX. Examples of the Exchanges practised at Venice, and how the same are to be calculated.
Exchanges practised at Venice.I Have shewed the general Exchanges used in Venice, and with how many other places this City is found to Exchange, and there also shewed at large the common rates and prices the same is found there to govern, which notwithstanding is so subject to alteration, that the prices there mentioned, cannot be admitted for a settled rule, and certain rate; yet so far it is conducible in it self to the understanding hereof, that the same may serve as an undoubted method in the culculation thereof, either in the Draughts or Remittances, Orders or Commissions, that may fall within the limit of the Exchanges of this City: the working of which rules now remaineth to be handled, observing the same only with such principal places as are most notable, which being well understood, will serve as guides to find out what else is here by me for brevity willingly omitted.
Accounts kept in Venice.To give first then an introduction thereunto, it is to be noted, That Merchants and Bankers here do keep their accounts by several methods, and denominations; some in Ducats and Grosses of Livers 6⅕ the Ducat, the which they sum by 24, because that 24 Grosses are worth one Ducat: and others keep the same by Livers, Sols, and Gross, which are worth ten Lucats the Liver, which is summed up by 20 and by 12, making 20 Sols of Gross to be one Liver, and 12 Deniers one Sol.
Again it is to be noted, that some few years past, the Money current paid in payment of Merchandise, and the Money current paid upon Bills of Exchange, was of one and the self-same goodness in value, or little in difference; but now the moneys paid upon Bills of Exchange, is found to exceed the former 20 in 21 per cent. and is commonly now called in Banco, as the other is called the current Money, and therefore when moneys by Exchange is mentioned, it is understood to be in Banco, as the best and principal.
CHAP. CCCLXX. Of the Exchanges of Venice with Lions.
Exchanges of Venice with Lions. VEnice doth Exchange with Lions, and giveth posito Ducats 119⅖ of Livers 6⅕ to have in Lions, Crow. 100 of Gold of the Sun: I demand for Duc. 4238 1/12, how many Crowns of the Sun shall I have in Lions? To do this, say by the Rule of Three, If Duc. 119⅖ give 100 Cro. of the Sun of Gold, what will Duc. 4328 1/12 give me? which being done, accordingly as I have heretofore often mentioned, it will come to Crow. 3459, and multiplying the remainder of the division by 20 to make them Sols of Gold, and then by 12 to make them Deniers, it will come in all to Crow. 3549. 9. 8. of Gold of the Sun, and so much shall you have credit in Lions for the said sum of Ducats 4238 1/12 of Livers 6. 4. Sols per Ducat, as may be seen by the following Example: [...]
Proof.The proof of this Rule is seen when that Lions doth Exchange back with Venice.
CHAP. CCCLXXI. Of the Exchanges of Venice with Placentia.
Exchanges of Venice with Placentia. VEnice doth Exchange with Placentia, and giveth posito Duc. 134½ of Livers 6⅕ to have in Placentia 100 Crow. of mark: I demand for Ducats 1450 17/24, how many Crowns of Mark? First reduce the said Duc. 134½ into grosses, multiply them by 24, and adding 12 grosses for the half Ducat, and it will make gross. 3228. in like manner you must reduce the said Ducats into grosses in multiplying them by 24, and adding of 17 gross. for the 17/24, (it being the same to say one gross, as 1/24) and it will be grosses 34817; saying then by the Rule of Three, If grosses 3228 give Crow. 100. what will grosses 34817 give? And it will come to Crow. 1078: and multiplying the rest of the division by 20 to make them Sols of Gold, and by 12 to make them Deniers, it will be found to make in all Crowns 1078. 11. 10. of Gold of mark, and so much you shall have in Placentia for the said Duc. 1450 17/24 of l. 6. 4. s. as by the Example following: [...]
Proof.The proof of this Rule is more apparent when Placentia doth Exchange back with Venice.
CHAP. CCCLXXII. Of the Exchanges of Venice with Rome.
Exchanges of Venice with Rome. VEnice doth Exchange with Rome, and giveth Ducats 100 of 6 l. 4 s. to have in that place posito Cro. 73½ of Gold de Camera for Duc. 1157½, I would know how many Crow. shall Venice have in Rome: you must multiply the said sum of duc. at the said price of Crow. 73½ per cent. and out of its product cut off the two last figures, the which multiplyed by 20 and by 12, to make them sols and deniers of gold, and it will make Crowns 850. 15. 3. of gold of estampe, and so much credit shall Venice have in Rome, as is apparent by this Example: [...]
Proof.The proof of the said account is more apparent, when this parcel is Exchanged from Rome back to Venice.
CHAP. CCCLXXIII. Of the Exchanges of Venice with Naples.
Exchanges of Venice with Naples. VEnice doth Exchange with Naples, and giveth Ducats 100 of lib. ⅓ to have in the said place posito Duc. 97¼ of Taries 5 per Ducat. I demand then for Ducats 1850 5/24 of Venice, how many Ducats credit shall I have in Naples? Multiply the said sum of Ducats by Grains 97¼ per Duc. and of the Product will come grains, out of which cut off the two last Figures, to make them Ducats because (as hath been said before) one Ducat is worth 100 grains, and it will make Ducats, 1799, and grains 32, which are one Tarie and grains 12, and so much credit shall you have in Naples, for the said sum of Duc. of Venice, as by Example shall appear: [...]
Proof.The Proof of this account will appear when this is rechanged from Naples to Venice: and note, That when Venice doth Exchange with Bary, Lechy, Lausano, or other parts of the Kingdom of Naples, the account is made as above with Naples it self.
CHAP. CCCLXXIV. Of the Exchanges of Venice with Florence.
Exchanges of Venice with Florence. VEnice doth Exchange with Florence, and giveth Duc. 100 of l. 6⅕ to have in Florence Posito 81½ Crow. of Gold, I demand then for Ducats 2500 what credit shall Venice have in Florence? To do this, multiply the said sum of Duc. at the abovesaid Price of Crow 81½ per cent. and from the Product cut the two last sigures, multiplying the same by 20 and by 12, to make the same Sols and Deniers of Gold, and they make Crow. 2037. 10 Sols of Gold of Florence, as by Example will manifestly appear: [...]
Proof.The proof of this account is seen, when this Sum is rechanged from Florence to Venice.
CHAP. CCCLXXV. Of the Exchanges of Venice with Millan.
Exchanges of Venice with Millan. VEnice doth exchange with Millan, and giveth posito Sols 148½, to have in Millan one Crown of Livers 5, and 17 Sols of that Money: I demand, for Duc. 1486⅕ of Liv. 6¼, what credit in Livers shall Venice have in Millan? First multiply the said sum of Duc. by 124. Sol. the value of the Duc. of Li. 6⅕, and it will make Sol. 184295. the which divided by Sol 148½, to see how much the Crowns of Millan are worth, and multiplying the remainder of the division by 20 and by 12, to make them Sols and Deniers of Gold, and they will make Crowns 1241, and 10 Deniers, the which multiplyed by Li. 5. 17. the price of the Crown to make them Livers, beginning to multiply the Livers 5 by the 10 Deniers, which are worth the Crown, and then with the Sols, if any be, calculating for 12 Deniers 1 Sol, and for 20 Sols 1 Liver, and of the product thereof will come Li. 7260. 1. 10. And so much Credit shall Venice have in Millan, for the said Ducats 1486¼ of Livers 6⅕ of Venice; as by the Example following: [...]
ProofThe proof of this rule is seen, when Millan doth exchange with Venice.
CHAP. CCCLXXVI. Of the Exchanges of Venice with Antwerp.
Exchanges of Venice with Antwerp. VEnice doth exchange with Antwerp and giveth one Ducat of Livers 6⅕ to have in that place posito Grosse 92½, I demand then for Duc. 3810¾, how many Livers Grosse shall Venice have credit in Antwerp? You must multiply the said sum of Ducats by the said Gross 92½, and it will make Gross 352494, out of which, take 1/12 to make the same Sols of Gross, and they will be Sels 29374, and Gross 6, the which must be reduced into Livers, by cutting the last figure, and by taking the ½ of the rest, and it will come to be Livers 1468, and the tenth that is remaining is ten Sols, and adding 4, the figure cut off, shall be 14 Sol. so in all 1468. 14. 6, which Antwerp will give; As for Example: [Page 380] [...]
Proof.The proof of this rule is seen when Antwerp rechangeth this sum with Venice: And here it is to be noted, that Venice doth exchange with Colonia, and Amsterdam and the Nethelands after the same manner as with Antwerp, and the account is made up as the precedent, whereto needeth no further example for Illustration.
CHAP. CCCLXXVII. Of the Exchanges of Venice with London.
Exchanges of Venice with London. VEnice doth exchange with London, and giveth one Ducat of Liv. 6⅕ to have there posite 56¼ pence sterling: I demand then for Ducats 740, how many Livers of Sterling shall Venice have credit in London? This must be done as in the precedent account is shewed of Venice with Antwerp, and it will come to pounds 173. s. 8. and pence 9, which Venice shall have credit in London, as by the Example more at large appeareth: [...]
Proof.The proof of this account is manifested, when London doth rechange this sum of 173. 8. 9 d. for Venice; and here note, that Ʋsance from Venice to London is 3 months, or 90 days, and double Ʋsance the said time doubled; and the like accounted back from London to Venice.
CHAP. CCCLXXVIII. Of the Exchanges of Venice with Genoa.
Exchanges of Venice with Genoa. VEnice doth Exchange with Genoa, and giveth posito Sols 146½ to have in Genoa one Crown of 4 Livers money of Genoa. I demand then for Duc. 2463½ of Livers 6⅕ how many Livers of current money shall I have credit in Genoa? First reduce the said sum of Duc. into Sols, multiplying them by 124, the value of the Ducat, and divide the Sols that shall rest of the said multiplication by 146½ to make them Crow. of 4 Livers, and multiply the remainder of the Division by 20 and by 12, to make them Sols and Deniers of Gold, and they shall be Crow. 2085. 2. 11, which must be multiplied by l. 4 per Crown, beginning the multiplication by Deniers, and then by Sols, calculating for 12 Deniers 1 Sol, and for 20 Sols 1 Liver, and of the product will come Livers 8340. 11. 8 current Money, and so much will the credit be in Genoa; as in the following Example: [Page 381] [...]
Proof.The proof of this account is seen, when Genoa doth rechange this parcel for Venice.
CHAP. CCCLXXIX. Of the Exchanges of Venice with Norimberg.
Exchanges of Venice with Norimberg. VEnice doth exchange with Norimberg, and giveth Duc. 100 of lib. 6⅕, to have in the said place posito Florins 130¼ of 60 Quarent. per Florin. I demand then, for Duc. 2645 5/14, what credit in Florins must I have in the said place?
Multiply the said sum of Ducats by Florins 130¼ per cent. and the broken numbers of the multiplication divide by 20, to have an account of the Sols, and of the remainder cut off the two last figures, the which being multiplied by 20, to bring the same into Sols, and then by 12, to bring them into Deniers; and in doing thus, there will be found Florins 3210. 18. 8. which must be had in credit at Norimberg, for the said Duc. in Venice remitted: As by this Example following appears: [...]
Proof.The proof of this account is manifest, when Norimberg shall exchange this sum back with Venice: And note, That for Augusta and Francfort, the Exchange from Venice is made as with Norimberg, whereto needs no other Examples.
CHAP. CCCLXXX. Of the Exchanges of Venice with Bergamo.
Exchanges of Venice with Bergamo. VEnice doth Exchange with Bergamo, and giveth one Crown of 7 Lib: to have in Bergamo Sols 145½ posito, I demand then for Duc. 4220⅔, how many Livers will it amount unto? Multiply the said sum of Ducats by 6 l. ⅕, and it will amount to lib. 26168. 2. 8, of which take the 1/7 to make them Crowns, and the remainders divide by 20 and 12, and they will be Crowns 3738. 6. 1. the which must be multiplied by lib. 7. 5. 6. which are the said lib. 145½ Sols, and of the multiplication will come lib. 27196. 3. 2. which must be had in credit in the said place of Bergamo, as by this Example following: [...]
Proof.The proof of the said Rule is discerned when this parcel is Remitted back from Bergans to Venice: And thus much shall serve to have said of the Exchanges of Venice, a word of the Orders and Commissions here practised in matters of Exchanges.
CHAP. CCCLXXXI. Of Orders and Commissions given and received for Draughts and Remittances in Venice.
Orders and Commissions given and received for Draughts and Remittances in Venice.ACcording to my proposed method, I will here add an Example or two of Draughts and Remittances, ordered by Commission in the City of Venice, posito: 1. Example.Into Venice cometh Order from Francfort, that they may draw thither at Florins 130, and remit thence to London at 56 pence, not of charges or provision, the partido being for Ducats 3500: Now there is Bills found for London at 57¼ pence, and money for Francfort at Florins 132⅕, I demand then at these rates, whether this Commission without breach of Order may be performed? To do which, say by the Rule of Three, (seeing that Venice giveth the certain price to both those said two places) If 56 pence sterl. give 130 Florins the limited price, what shall 57¼ pence give (the price found) and it will make Flor. 132 9/10, from which deduct 10 s. 7 Den. for the provision that is taken at ⅖ per cent there will remain Flor. 132. 7. 5, so that thereby the said Commission may be performed with benefit, because that remitting to London at 57¼ pence sterl. the draught may be made for Francfort, at Florins 132. 7. 5, and the money that is found is at Flor. 132⅕, as appeareth by this Example: [...]
[Page 383] 2. Example.Again, a Merchant of Florence is creditor in Venice posito 2000 Ducats of banco, who ordereth that the same be remitted unto him at Crow. 81½ thence; or by the way of Antwerp at gross 91¼, and to take the most beneficial way of the two; and finding a remittance by both to profit, according to the limited prices, the order is to take the most prositable of the two; and finding the remit tances produce loss, to accept of the least. Now then, there are Bills found for Florence, as I said, at 82½ Crow. and for Antwerp at 92 7/10 gro. I would know by which the remittance ought to be made, seeing that by both the remittance may be made to profit; and desirous to find out the most profitable, you must say by the Rule of Three, If Crow. 81½ give gross. 91¼ the price limited, what shall 82½ Crow. give, which is the price found? And it will make grosses 92 7/10 or thereabouts; so that the remittance must be made by Florence straight, because that remitting by that way at 82½ Crow. to make the price, you should remit to Antwerp at 92 7/10 gross. and there are no Bills found but at gross 92 9/10, as it is seen wrought by this Example: [...]
3. Example.Again, posito from Lions the Exchange goeth for Venice at Duc. 117⅖, and for Naples at Duc. 125, I demand giving order to Lions, that at these prices they make draught to Venice, and remit [...] Naples, at what price then will the remittance come out to be from Venice to Naples? To know [...]aich, say by the Rule of Three, If Ducats 117⅖ of Venice, the price of 100 Crow. of Sol. of Gold of Lions, give at Naples Duc. 125, how many will Duc. 100 give of the said place of Venice? and it will make Duc. 106½ or thereabouts, and so much credit must be had in Naples for Duc. 100 of lib. 6⅕ which are disbursed in Venice, out of which must be deducted ⅖ per cent. for the provision that is paid in Lions. [...]
4. Example.Again, in the said place of Venice, cometh order from Florence to remit to Placentia at Duc. 136, and to prevail on them at Crow. 80 not of charges, the partido being made for 5000 Crowns of Mark: Now the said 5000 Crow. of Mark, is found for Placentia at Duc. 135, and for Florence may be drawn Duc. 2000 at Crowns 80¼: I would know at what price must the rest be dawn? To know which, I must first see for remittance of the said Crew. 5000 of Mark, at the price inordered, how many Crow. of Gold it is at Florence, and to do this, multiply the said sum of Crowns by Duc. 136 per cent. and they make Duc. 6000, without calculation of provisi [...], seeing that the order is not of charges, you must multiply them by Crowns 80 per cent. and they will be Crow. 5440 of Gold, and so much the draught will appear to be for the said Crow. 5000 of Mark by remittance, and afterwards multiplying the said Crowns 5000 by Duc. 135 per cent. the price that is found, it maketh Duc. 6750. to which adding Duc. 27. for the provision at ⅖ per cent. seeing that the draught must be made for Florence, and they will be Duc. 6777, out of which deduct Duc. 2000 which were found to be drawn at Crowns 80¼, there will rest Duc. 4777, and for the said Duc. 2000. there disbursement is at Florence Crowns 1605 [...] which must be deducted out of Crow. 5440, which must be drawn; there will remain Crowns [Page 384]3835 of Gold, which must be drawn, for the which I must be imbursed at Venice, Ducats 4777: and to know at what price, say by the Rule of Three, If Duc. 4777 give by disbursment at Florence Crowns 3835 of Gold, what will Duc. 100 give? And it will make Crow. 80. 5. 7. of Gold, and at this price the said partido of Duc. 4777 may be drawn, and the other Duc. 2000 at 80¼ Crow. and so for both these parcels must be drawn, Crown 5440, as is inordered, and there is imbursed Duc. 6777, there being per contra disbursed Duc. 6750 for the remittance of the said Crown. 5000 of Mark, at Duc. 135. per cent. and Duc. 27; which is imbursed over and above, proceeding from the provision, and in this manner this said Commission will remain performed, as it was by the Committees, inordered, as by example the same will appear evident, following: [...]
Note.And note, when the said City of Venice exchangeth for Naples, Rome, Antwerp, and London, and that you would know at how much cometh the Money of any one of the said places for Lions or Placentia, the account is made as in the precedent rule of Florence and Placentia, alway multiplying the price by which the Exchange goeth for Lions, with the price of the other place from whence it is remitted or drawn: And therefore, for brevity sake it is needless to propound here any further example.
CHAP. CCCLXXXII. Of the Terms of Payment of Bills of Exchange in Venice.
Terms of payments of Bills of Exchange in Venice.The Terms from Venice.
- TO Naples and Gaietta at 15 days sight, and so back.
- To Palermo and Mesina at 30 days sight, and so back.
- To Rome at 10 days sight, and so back.
- To Florence and Lucca, at 20 after date, and 5 days sight back.
- To Avignon at 45 days after date, and thence 2 months after date.
- To Barselona at 2 months after date, and so back.
- To Valentia at 75 days after date, and so back.
- To Sevil at 90 days after date, and so back.
- To Lions for the Fair, and from Fair to Fair.
- To Bridges and Antwerp at 2 months after date, and so back.
- To London at 3 months after date, and so back.
- To Paris at 2 months after date, and so back.
- To Genoa at 10 days sight, and 15 days back.
- To Millan at 12 days sight, and 20 days thence after date.
- To Constantinople 5 months after date, and so back.
CHAP. CCCLXXXIII. Examples of the Exchanges that are practised in Placentia, and how the same are to be calculated.
Of Exchanges practised at Placentia.I Have shewed in the general Exchanges of Placentia with how many other places Placentia is found to Exchange, and there also set down the common rates how the same is for the most part found to govern, which every day is so subject to alteration, that no positive rules can be set down for the same; yet it is in it self so beneficial, that thereby the unexperienced may know how to make up the account thereof, at what rate soever the same be found to be, either in Remittances or Draughts, the which only now remaineth to be handled, observing the same with so many other Towns, as may be fittest to understand the ground thereof.
Accounts kept in Placentia.It is then first to be noted, that all Bankers and Exchangers here do keep their Accounts in Crowns, Sols, and Deniers of Gold of Mark, which are cast up by 20 and 12, because that 20 Sels of Gold make a Crown, and 12 Deniers make a Sol.
CHAP. CCCLXXXIV. Of the Exchanges of Placentia with Lions.
Exchanges of Placentia with Lions.ANd first then Placentia is found to Exchange with Lions, and giveth posito Crowns 85½, to have at Lions 100 Crowns of the Sun of Gold; I demand then, for Crowns 1516. 12. of Mark, what will be due to me in Lions? To do which, say by the Rule of Three, If Crowns 85½ of Mark give 100 Crowns of the Sun, what will the said Crowns 1516. 12. give? And it will come to Crowns 1773. 16. 0. of Gold of the Sun: And so much will be due to me in Lions, for the said sum of Crowns of Mark; as by Example following: [...]
Proof.The proof of this Rule is seen, when that Lions doth Exchange with Placentia.
CHAP. CCCLXXXV. Of the Exchanges of Placentia with Genoa.
Exchanges of Placentia with Genoa. PLacentia Exchangeth for Genoa, and giveth one Crown of Mark to have posito Sols 67. 10 Money of Gold in Genoa; I demand then, for Crow. 723. 14. 3. of Mark how many Livers of current money shall I have in Genoa? First multiply the said Crow. of Mark by Li. 3. 7. 10 per Crow. which are the said 67 Sols. 12 Den. beginning to multiply the said Li. 3. by 3 Den. and afterwards by Sols 14, which are with the Crow. calculating for 12 Den. one Sol. and for 20 Sols one Liver, and the product will come Li. 2454. 11. 9. Money of Gold, which must be divided by 68 Sols, the price of the Crown of Gold, in Money of Gold, to bring them into Crowns, multiplying the rest of the division by 20 and by 12, to make them Sols and Deniers and they will make Crow. 721. 18. 9. of Gold, which must be multiplied by Li. 4½ per Crow. the present price of the Crow. of Gold in current Money, and it will make Li. 3248. 14. 4. And so much in current Money I shall have in Genoa for the said Crow. 723. 14. 3. of Mark. As by Example: [...]
Proof.The proof of the said Account is seen, when Genoa exchangeth for Placentia.
CHAP. CCCLXXXVI. Of the Exchanges of Placentia with Rome.
Exchanges of Placentia with Rome. PLacentia Exchangeth with Rome, and giveth 100 Crowns of Gold of Mark to have in that place posito Crown 99¾ of Gold of Estampe; I demand then, for Crowns 1385. 15. of Mark how many Crowns of Estampe shall Placentia have credit for in Rome? To do which, multiply the said sum of Crowns of Mark by 99¾ per cent. and taking the remainder of the multiplication, to be divided by 20 Sols, cutting off the two last figures of the production, the which multiplyed by 20 to make them Sols of Gold, and then by 12, to make them Deniers, and they will make Crowns 1382 5. 9. of Gold. And so much will the credit be in Rome: as by the Example following: [Page 387] [...]
Proof.The proof of the said account is seen, when that Rome doth Exchange back for Placentia.
CHAP. CCCLXXXVII. Of the Exchanges of Placentia with Florence.
Exchanges of Placentia with Florence. PLacentia doth Exchange with Florence, and giveth 100 Crowns of Mark to have in that place posito Crowns 110½ of Gold: I demand, for Crowns 4500. 10 of Mark, how many Crowns of Gold shall I have in Florence? To know which, working according to the preceeding Example, and Rule of Placentia with Rome, and I find it giveth Crowns 4973. 1. 0. of Gold, which Flacentia must have Credit for in Florence: As for Example: [...]
Proof.The proof of this account is discerned, when Florence doth rechange for Placentia.
CHAP. CCCLXXXVIII. Of the Exchanges of Placentia with Palermo.
Exchanges of Placentia with Palermo. PLecentia doth Exchange with Palermo, and giveth Crow. 100 of Mark to have in Palermo posito Duc. 132¼ of Taries 5 per Duc. I demand then, for Crow. 2573. 12. 4. of Mark what credit shall Placentia have in Palermo? To do which, you must multiply the said sum of Crowns by Grains 132¾ per crow. seeing as hath been said, it is alike so many Grains per Crow. as so many Ducats per 100 Crowns, and of the product will come Grains; the which to turn to Ducats you must cut off the two last figures, and there will remain Duc. 3416. and the Grains 47, which are the two last cut figures, which are 2 Taries and 7 Grains: So that for the said Crow. 2573: 12. 4 of Mark, Placentia shall have Credit in Palermo Duc. 3416. 2. 7 d. As for Example: [Page 388] [...]
Proof.The proof of the said Account is discerned, when that Palermo is seen to rechange for Placentia. Exchanges with Mesina, the same as with Palermo.And note, that when the said place doth exchange with Mesina in this Kingdom, the Account is made as above with Palermo, the price and rate is only found to differ, and to be either higher or lower.
CHAP. CCCLXXXIX. Of the Exchanges of Placentia with Venice.
Exchanges of Placentia with Venice. PLacentia doth Exchange for Venice, and giveth Crowns 100 of Mark to have in the said place Duc. 134½ more or less, of Livers 6⅕ per Duc. I say in Banco, I demand, for Crow. 1078. 12 of Mark, how many Ducats shall it make in Venice? Multiply the said sum of Crowns by Duc. 134½ per cent. and the remainders of the multiplication are to be divided by 24, to bring them into Grosses, and from the product cut off the two last figures, which are to be multiplied by 24, to make them Grosses, and it will make Duc. 1450 17/24 of Livers 6⅕ per Duc. And so much will Placentia have in Venetia, for the said sum of Crowns of Mark. As by this Example: [...]
Proof.The proof of the said Account is discerned, when that Venetia is found to rechange for Placentia.
CHAP. CCCXC. Of the Exchanges of Placentia with Millan.
Exchanges of Placentia with Millan. PLacentia doth Exchange with Millan, and is found to give one Cro. of Mark, to have in the said place posito Sols 133⅔, I demand then, for Crow. 1450. 15. 6 of Mark, how many Livers ought I to have in Millan? Multiply the said Crowns by Livers 6. 13. 4. per Crow. which are the said Sols 133⅔, beginning to multiply the 6 Livers by the 6 Deniers, and then by the 15 Sols which are with the Crow. of Mark, calculating for 12 Deniers one Sol, and for 20 Sols one Liver, and they will make l. 9671. 16. 8. which Placentia must have in Millan: As by Example: [Page 389] [...]
Proof.The proof the said account is seen, when Millan doth Exchange back with Placentia.
CHAP. CCCXCI. Of the Exchanges of Placentia with Naples.
Exchanges of Placentia with Naples. PLacentia doth Exchange with Naples, and giveth one Crown of Mark to have in Naples Carlins posito 29½; I demand, for Crowns 2400. 10. 10. of Mark, what credit in Ounces shall I have in Naples? Multiply the said Crowns by 29½ Carlins per Crown, and take the rest of the multiplication to be divided by 10, to the end to make them Grains, and they will make Carlins 70815, Grains 9. the which to reduce to Ounces, you must cut off the last figure, and take ⅙ of the rest, and it will be Ounces 1180 and the tenth of the remaining Carlins is to be added to the 5 Carlins, which is the figure cut off, and they are Carlins 15, which are Taries 7, and there will remain 1 Carlin, with the 9 Grains, which are Grains 19, and in all are Ounces 1180. 7. 19. to which add one Carlin per Ounce for the good Money, which done as hath been before shewed, when Naples doth exchange with Palermo, and it will make Ounces 1199. 28. 1. And that is the credit that shall be due in the said Naples, good Money being therein comprised; as by this Example: [...]
Proof.The proof of this account is seen, when Naples doth Exchange with Placentia. Note Barry and Lechy.And note, the account is the same, when Placentia doth Exchange with Barry and Lechy in this Kingdom, the rates only altering.
CHAP. CCCXCII. Of the Exchanges of Placentia with Sevil.
Exchanges of Placentia with Sevil. PLacentia is found to Exchange with Sevil, and giveth one Crown of Mark to have in that place posito 428 Marvedes; I demand then, for Crow. 815. 5. 6 of Mark, what credit in Marvedes shall Placentia have in Sevil? Multiply the said sum of Crowns by 428 Marvedes the Crown, and it will make Marvedes 348937, and adding ½ per cent. for the Aggio of the Moneys, at 5 Mervedes per Mill, and they make Marvedes 350681. and so much Credit shall Placentia have in Sevil: As for Example: [Page 390] [...]
Proof.The proof of this Account is seen, when that Sevil doth rechange for Placentia.
CHAP. CCCXCIII. Of the Exchanges of Placentia with Valentia.
Exchanges of Placentia with Valentia. PLacentia doth exchange with Valentia, and is found to give one Crown of Mark, to have in Valentia 23⅓ Sols posito: I demand, for Crowns 926. 19. 2 of Mark, how many Livers shall I have in Valentia? To do this, multiply the said sum of Crowns by Lavers 1, 3, 4 d. per Crown, which are the said 23⅓ Sols, beginning the multiplication by the Deniers, and then by the Sols which are with the Crowns, and they will make Livers 848. 2. 4 d. And so much shall Placentia have Credit in Valentia. Example: [...]
Note, Saragosa and Barselona the same as Valentia. Note, That when Placentia doth exchange with Barselona and Saragosa, the account thereof is made up, as the above-mentioned exchange from Placentia to Valentia. Proof.And the proof of the said Rule is apparent, when that Valentia shall exchange back for Placentia.
CHAP. CCCXCIV. Of the Exchanges of Placentia with Antwerp.
Exchanges of Placentia with Antwerp. PLacentia doth exchange with Antwerp, and giveth one Crown of Mark, to have in Antwerp posito 124½ Grosses; I demand, for Crow. 700. 15. 0. of Mark, how many Livers of Grosses shall I have in Antwerp? You must multiply the said sum of Crowns by 124½ Grosses per Crown, and it maketh Grosses 87243, from which you must take 1½, to make them Sols, and then it is 7270, and Gross. 3. which reduced to Livers, cutting off the last figure, and by taking ½ of rest, and it will make Livers 363, and the tenth that remaineth is worth 10 Sols, and the 3 Gross. And so much will the Credit appear to be in Antwerp: As by Example: [...]
Proof.The proof of this Rule is seen, when Antwerp doth rechange for Placentia.
CHAP. CCCXCV. Of the Exchanges of Placentia with Bergamo.
Exchanges of Placentia with Bergamo. PLacentia doth exchange with Bergamo, and giveth 100 Crowns of Mark to have Crowns 123¼ posito, more or less, of Livers 7 per Crown. I demand for Crowns 740. 4. 8. how many Livers credit shall I have in Bergamo? To do which, first multiply the said sum of Crowns of Mark by the said Crowns 123¼, and the remainders divide by 20, to keep account of the Sols, and from the product cut off the two last figures, which must be multiplyed by 20 and by 12, to make them Deniers and Sols of Gold, and they shall be Crowns, 912. 6. 8. which to reduce into Livers, multiply by 7 Livers, the value of the Crowns, beginning to multiply the said 7 Livers by the Deniers 8, and then by the Sols 6, which are with the Crowns, calculating for 12 Deniers one Sol, and for 20 Sols one Liver, and it maketh l. 6386. 6. 8. which must be had in credit at Bergamo. Example: [...]
Proof.The proof of this Account is seen, when Bergamo doth rechange this parcel for Placentia.
CHAP. CCCXCVI. Of the Exchanges of Placentia with Lucca.
Exchanges of Placentia with Lucca. PLacentia doth exchange with Lucca, and giveth 100 Crowns of Mark, to have in Lucca posito 117½ Crowns of Livers 7½ per Crown; I demand then, at this rate, for Crowns 406. 10. 10. of Mark how many Crowns of li. 7½ shall I have credit in Lucca? First multiply the said sum of Crowns of Mark by Crowns 117½ per cent. and of the product cut off the two last Figures, which multiplyed by 20, and by 12, to bring them into Sols and Deniers of Gold, they will make Crowns 477. 13. 8. And so many Crowns of Livers 7½ per Crown shall I have at Lucca [...] Example: [...]
[Page 392] Proof.The proof of this Exchange serveth to know how to make the account, when Lucca exchangeth with Placentia, being done by the Rule of Three, saying, If Crow. 177½ give 100 Crow. of Mark, how much will 477. 13. 8. Crow. give? And it will be 406. 10. 10 Crow. of Mark. And this is to be observed in the proof of the rest, according to former mentioned rules.
CHAP. CCCXCVII. Of the Exchanges of Placentia with Francfort.
Exchanges of Placentia with Francfort. PLacentia doth Exchange with Francfort, and giveth Crowns 100 of Mark to have here Crow. 110½ of 93 Quarentines per Crown: I demand then for 800 Crowns of Mark, how many Florins of 60 Quarentines per Flor. shall I have in Francfort? Multiply the said Crow. 800 by Crow. 110½ per cent. cutting off the two last figures, the which multiply by 20 and by 12, to make them Sols and Deniers of Gold, and it comes to 884 Crowns of Quarentines 93, the which to make Florins, must be multiplied by 93 Quarentines, and they are 82212 Quarentines, from which cut off the last figure, and take ⅙ of the rest, and they then do make Florins 1370, and the tenth remaining, with the 2 Quarentines, which is the figure cut off, and it maketh 12, from which taking ⅓ to make them Sols, by reason that 3 Quarentines make one Sol, and they are Florins 1370, and Sols 4, which is the credit that must be rendred in Francfort, as shall appear by Example: [...]
Proof.The proof hereof appeareth when Francfort Exchangeth for Placentia. And thus much shall serve for the Exchanges practised à Dritura from Placentia.
CHAP. CCCXCVIII. Of Orders and Commissions given and received for Draughts and Remittances in Placentia.
Orders and Commissions given and received for Draughts and Remittances in Placentia.ACcording to my method proposed, I will here add some examples of Draughts and Remittances made by Order and Commission, in this place of Placentia, wherein I will somewhat enlarge my self, by reason that it is the most noted and eminent place of Exchanges at this day practised in the World.
1. Example.To Placentia then is order given, to remit to Venice at Duc. 134, or to Florence at Crowns 110½ where the benefit shall appear to be most, that is to say, that finding to remit to one of the said two places, with benefit of the limited prices, the remittance be made thither where most will be given, and if the Remittance be found to be made with loss, to that which will give the least: For Florence then there is found at Crow. 111⅖, and for Venice at Duc. 135: I demand whither ought the Remittance to be made? for to both the Remittance is found to be with profit: And to know where the greatest gain will be, I say by the Rule of Three, If Duc. 134 give 110½ the inordered price, what will 135 Duc. give? The price found, it will make Crow. 111⅓, or circa, so that there is more profit to make the Remittance to Florence, because that remitting at Duc. 135, to make the Par, the Remittance should be for Florence at Crow. 111⅓, and the partido found is 111⅖ Crow. As in the following Example: [Page 393] [...]
See Example.Again, at Placentia there is order received to remit to Antwerp at Grosses 123, or to Barselona at Sol ½, where the most advantage shall be found; there is found a parcel for Antwerp at Grosse 120⅔, and for Barselona at Sol 24, I would know to which must the Remittance be made, seeing that in both places there is loss given upon the prices that are inordered: and to know where is the least, I say by the Rule of Three, If Sols 24½ give Grosses 123, the price [...]ordered, what will 24 Sols give, the price that is found? And it maketh Grosses 120½; so that the Remittance must be made for Antwerp, by reason that remitting to Barselona at Sols 24, to make the Par, the Remittance should be made to Antwerp at Grosse 120½; and it is found at 120 [...]/3: [...]
CHAP. CCCXCIX. Questions upon the Exchanges practised at Placentia.
Questions upon the Exchanges practised at Placentia.AT Florence there is Exchange made for Placentia, in expedition of the Fair, posito at Crow. 109½, and for Venice at Crow. 81½, I would know by the said Exchanges, at what price Placentia doth hereby exchange for Venice? To do which say by the Rule of Three, If 81½ Cro. of Gold of Florence give at Venice 100 Duc. of Livers 6⅕, how many will 109½ Crow. give, the price of 100 Crow. of Mark? and it will make Duc. 134½ of l. 6⅕, and at that price should Placentia exchange for Venice: Where by the way it is to be noted, That it is a thing evident, that Exchanges are here made at greater or lesser prices, according to the plenty or scarcity of money to be found, and the rates uncertain, these rules only serving for instruction to make up the accounts thereof. [Page 394] [...]
Question for Venetia.Again, at Naples is Exchange made for Placentia, in expedition of a Fair there, at Duc. 136½, and for Venice at Duc. 101½, I would know by the said Exchanges at what prices should Placentia Exchange with Venice? I say by the Rule of Three, If Duc. 101½ of Naples give at Venice Duc. 100 at l. 6⅕, how many will 136½ Duc. give, the price of 100 Crowns of Mark? and it will appear to make Duc. 134 11/24, and at that price should Placentia Exchange for Venice; As by Example: [...]
Question for Naples.Again, at Venice there is Exchange made for Placentia, in expedition of a Fair, at Duc. 133⅔, and for Naples at Duc. 102⅔, I demand by the said parties, at what price should Placentia Exchange for Naples? You must multiply the said Duc. 133⅔, which is the value of 100 Crow. of Mark, by Duc. 102⅔ per cent. by reason that the said Duc. 102⅔ are the value of 100 Duc. of Venice, and thus wrought, it will make Duc. 137⅕ or thereabout, and at that price should Placentia Exchange with Naples: [...]
Question for Rome.Again, at Naples is Exchange made for Placentia, in expedition of a Fair, at Duc. 136 [...], and for Rome at Duc. 137, I demand by the said Exchanges, at what price should Placentia Exchange with Rome? I say then by the Rule of Three, If Duc. 137 of Naples give at Rome Crow. 100 of Gold of Estampe, how many will Duc. 136½ give, the price of 100 Crow. of Mark? and thus it will come to Crow. 99⅝ or Circa of Gold of Estampe, and at that price should Placentia Exchange with Rome. [Page 395] [...]
Question for Florence.Again, at Rome is Exchange made for Placentia, in expedition of a Fair there, at Crow. 99, and for Florence at Crow. 90. I demand by the said Exchanges, at what price should Placentia Exchange with Florence? I say then by the Rule of Three, If Crow. 90. of Gold of Estampe, give in Florence Crow. 100 of Gold, what will Crow. 99. of Estampe, the value of Crow. 100 of Mark, give? It will be Crow. 100, and at that price should Placentia exchange for Florence. [...]
Question for Millan.Again, at Rome is Exchange made for Placentia, in expedition of a Fair there, at Crow. 99, and for Millan at Crow. 86, I demand by the said Exchanges at what prices should Placentia Exchange with Millan? I say by the Rule of Three, If Cro. 86 of Gold of Estampe give at Millan Cro. 100 of l. 5. 17. 0. what will Crowns 99, the price of 100 Crow. of Mark, give? It will be Crow. 115. 2, 3. which being multiplied by Sol. 117, the price of the Crown in cutting the two last figures off its product, to reduce the Exchange to the value of the Crown of Mark, there will remain Sol. 134⅔, and at that price should Placentia Exchange with, or for Millan: [...]
Question for Genoa.Again, at Millan is Exchange made for Placentia, in expedition of a Fair there, at Sol 133½, and for Genoa at Sol 118⅔, I demand by the said Exchanges, at what price should Placentia Exchange for Genoa? I say by the Rule of Three, If Sols 118⅔ of Millan (the price of the Crown of 4 l. of Genoa) give Sols 80, what will Sols 133½ give (the price of the Crown of Mark in money of Millan? and it will be 90 Sols of current money, the which without making the reduction into money of Gold, seeing it hath been already said, that 90 Sols of current money is worth 68 Sol. of Gold, and at this price should Placentia exchange with, and for Genoa. [...]
[Page 396] Question for Lions.Again, at Venice is Exchange made for Placentia, in expedition of a Fair there, at Duc. 141. and for Lions at 116½, I demand by the said Exchanges, at what price should Placentia exchange for Lions? I say by the Rule of Three, If Duc. 141. of l. 6. ⅓ of Venice give in Placentia Crow. 100. how many will Duc. 116½ give (the value of the Crow. 100 of Gold of the Sun of Lions?) and it will be Crow. 82⅝ or circa, and at that price should Placcntia exchange with Lions. [...]
Another.At Placentia there is Exchange made for Lions at Crow. 83½, and for Florence at Crow. 113, and from that place we have advice, that they exchange for Lions at Crow. 95⅓, I would know by the said Exchanges, if it be beneficial to remit from Placentia to Lions, and to draw from Florence, by inordering my Factors at Florence to prevail upon Lions at the said price of Crow. 95⅓. To know which, you must multiply the said Crow. 83½ of Mark, being the price of Crow. 100 of the Sun of Gold, by Crow. 113. of Gold per cent. seeing that the said Crowns of Gold are the value of 100 Crowns of Mark, and from the product cut off the two last figures, and there will remain Crow. 94. 7. 1. to which adding ⅖ per cent. for the provisions which are paid, the one at Florence, the other at Lions, and they will be Crow. 94. 19. 8. so that it will be profitable to draw and to remit according to the abovesaid order and manner, because that at Florence may be taken by Exchange for Lions at Crow. 95 or circa, and finding Crow. 95½, upon which consideration is to be had, what the moneys of Florence may do by Exchange for Lions; which thus I work by Example: [...]
Now for the terms of payments of Bills of Exchanges in Placentia, it is expressed in the Trade of that City, in Chapter 383.
And this shall suffice to have said of the Exchanges practised at Placentia, where by reason of the great and continued practises here daily made for vast sums, I have somewhat more than ordinarily inlarged my self, and so I proceed to the next place of Exchanges, which is Florence.
CHAP. CCCC. Examples of Exchanges practised at Florence, and how the same are to be calculated.
Exchanges practised in Florence.I Have shewed in the general Exchanges of Florence, with how many other places the said City is found to Exchange with, and there also shewed the common rates, how the same is observed to rule, which every day is so subject to alter, that no set price can be peremptorily set down for the same, yet in it self it is so beneficial, that thereby the ignorant may be furthered to make his Accounts either in Draughts or Remittances: The way of making which Accounts, upon this place, now remaineth here to be handled, observing the same with so many other places, as may make a man capable to understand the same, with any of the rest here omitted.
Accounts kept in Florence.And by the way it is observable here, That all Exchangers here do keep their Accounts in Crowns, Sols and Deniers of Gold, or Lire or Livers 7½ of that money per Crown, the which are cast up by 20 and by 12, because that 20 Sols of Gold do make one Crown, and 12 Den. one Sol.
CHAP. CCCCI. Of the Exchanges of Florence with Lions.
Exchanges of Florence with Lions. FLorence then is found to Exchange with Lions, and giveth posito Crow. 95¾ of Gold, to have in Lions 100 Crowns of the Sun of Gold, I demand for Crow. 1268. 9. of Gold, how many Crowns of the Sun shall I have in Lions? I say by the Rule of Three, If Crow. 95¾ give Crowns 100, what will Crowns 1268. 9. give? And it comes to Crowns 1324, and the remainder of the division being multiplied by 20 and by 12, to bring them into Sols and Deniers of Gold, they will make in all Crowns 1324. 15. of Gold of the Sun, which I should have Credit in Lions for the said sum of Crowns of Florence: The calculation thereof here followeth: [...]
Proof.The proof of this Rule is seen, when Lions doth Exchange with Florence.
CHAP. CCCCII. Of the Exchanges of Florence with Placentia.
Exchanges of Florence with Placentia. FLorence doth Exchange with Placentia, and giveth posito 110½ Crowns of Gold, to have there 100 Crowns of Mark, I demand then for Crowns 4973. 1. 0. of Gold, how many Crowns of Mark is due to me? First reduce the said Crowns 110½ into Sols of Gold, multiplying them by 20, adding to the multiplication 10 Sols for the half Crown, and they make Sol. 2210: likewise reduce the said sum of Crowns of Gold into Sols, and it will be 99461: Then say by the Rule of Three, If Sols 2210 give Crow. 100 of Mark, what will Sol. 99461 give? To which adding two cyphers for the 100, and then dividing it, will come to Crowns of Mark, and multiplying the rest of the division by 20, and then by 12, to make the same Sols and Deniers of Gold, and they will make Crowns 4500. 9. 11. of Mark, and so much must I have Credit in Placentia for the said Crow. 4973. 1. 0. of Gold of Florence, as by Example calculated: [...]
Proof.The proof of this Account is seen, when the Exchange is made from Placentia to Florence, &c.
CHAP. CCCCIII. Of the Exchanges of Florence with Venetia.
Exchanges of Florence with Venice. FLorence doth Exchange with Venice, and giveth posito Crow. 81½ of Gold, to have Duc. in Banco 100 of Livers 6⅓ I demand then, for Crow. 2037. 10. of Gold, how many Duc. shall Florence have credit in Venice? To do which, bring the Crow. 81½ into half Crowns, multiplying them by 2, and so in the same manner the said sum of Crow. of Gold, adding half a Crown for the 10 Sols: then say by the Rule of Three, If the half Crowns produced of the price of the Exchange, give at Venice Duc. 100, what will the half Crowns give, proceeding from the said sum of Crow. of Gold? and so by adding two cyphers for the 100, and dividing the same, it will make Duc. 2500, which Florence is to have in Venice; and if there were any remaining of the division, they must be multiplied by 24, to make them Grosses, because that 24 Gross. make a Duc. of Lib. 6. 4 Sols. Example: [...]
Proof.The proof of the said Account is more evident, when Venice doth rechange for Florence.
CHAP. CCCCIV. Of the Exchanges of Florence with Rome.
Exchanges of Florence with Rome. FLorence is said to Exchange with Rome, and giveth 100 Crowns of Gold to have in the said place posito Crowns 92¼ of Gold of Estampe; I demand then, for Crow. 1600, 2 Sols 5 Den. of Gold of Florence, how many Crowns of Gold of Estampe shall Florence have credit for in Rome? First multiply the said Sum of Crowns of Gold at 92¼ per cent. and multiply the remainder by 20 and by 12, to bring them into Sols and Deniers of Gold, and they make Crowns 1476, 2 Sols, 2 Den. of Gold, which should be had in Rome: As for Example: [...]
Proof.The Proof of the said Rule is evident, when this parcel is rechanged from Rome to Flounce.
CHAP. CCCCV. Of the Exchanges of Florence with Naples.
Exchanges of Florence with Naples. FLorence Exchangeth with Naples, and giveth Crow. 100 of Gold, to have in Naples posito Duc. 119⅔ of Taries 5 per Duc. I demand then, for Crow. 780. 15 of Gold, what credit in Duc. shall Florence have in Naples? To do which, first multiply the said sum of Crow. of Gold by Grains 119⅔ per Crown, because it is so many Grains per Crow. as it comes to be Duc. for Crow. 100. and they make Grains 93429. of which cut off the two last figures, to make them Ducats, saying that the Duc. is worth 100 Grains, and they make Duc. 934. and for the Grains 29, Taries 1, and Grains 9. And so much Credit shall Florence have in Naples, as by this Example is shewed: [...]
Proof.The proof of this Rule is manifested, when Naples is seen to exchange with Florence.
CHAP. CCCCVI. Of the Exchanges of Florence with Antwerp.
Exchanges of Florence with Antwerp. FLorence doth Exchange with Antwerp, and giveth one Crown of Gold, to have in the said place Groff. 112½ posito. I demand then, for Crowns 1400. 12. 8. of Gold how many pounds of Groff. am I to have in Antwerp? To do this, multiply the said sum of Crowns by the said price of Gross. 112½, and it maketh Grosses 157571. of which, take the 1½, to make them Sols, and they make Sols 13130, and Gross. 11. which to reduce to pounds, cut off the last figure of the said Sols or Shillings, and take ½ of the rest, and it maketh pounds 656, and for the tenth that is remaining, it is to be accounted 10 Sols; and if the figure cut off had been any number, it should have been added to the 10 Sols: and it thus makes pounds, 656. 10. 11. Money of Antwerp. [...]
Proof.The proof of the said Account is seen, when that Antwerp doth exchange with Florence.
Note Florence with London. Note, That when Florence doth Exchange for London, which is seldom in use, the rule of casting up the same in sterling Money, is this as above with Antwerp in Flemish Pounds.
CHAP. CCCCVII. To Reduce Crowns of 7 l. in Florence into Crowns of Gold of Lire, 7½.
IF in Florence you would reduce any sum of Crowns of money of Lire 7 l. per Crow. into Crowns of Gold of Lire 7 l. ½, you must take the 1⅕ of the Crow. of money, and the remainder will be Crowns of Gold.
And if again you would reduce Crowns of Gold into Crowns of Money, you must add contrarily to the Crow. of Gold 1¼, and they will be so many Crowns of Money: As for Example: [...]
CHAP. CCCCVIII. Of the Terms of Payment of Bills of Exchange in Florence.
THE Term of Payment of Bills of Exchange is found to be from Florence.
- To Naples at 10 days sight, and from thence at 15 days sight.
- To Rome at 10 days sight, and so back.
- To Venice at 5 days sight, and thence at 20 days after date.
- To Bollonia at 3 days sight, and so back, and so for Pisa.
- [Page 401]To Ferrara at 5 days sight, and so back.
- To Perugia and Sciena at 2 days sight, and so back.
- To Genoa at 8 days sight, and so back.
- To Avignon at 30 days after date, and thence 45 days after date.
- To Gaietta at 10 days sight, and so back.
- To Paris 2 months after sight, and so back.
- To Padua at 5 days sight, and so back.
- To Palermo and Mesina at 15 days sight, and so back.
- To Ancona at 10 days sight, and so back.
- To Barselona at 2 months after date, and so back.
- To Valentia at 40 days sight, and so back.
- To Bruges and Antwerp at 2 months after date, and so back.
- To London at 3 months after date, and so back.
- To Genoa at the Fairs, and thence 15 days sight back.
- To Lions to the Fair, and from Fair to Fair.
- To Millan at 10 days fight, and so back.
- To Aquila and Sermona at 11 days sight.
- To Comerino at 8 days sight, and so back.
CHAP. CCCCIX. Of Orders and Commissions given and received for Draughts and Remittances by Exchanges in the City of Florence in Tuscany.
Orders and Commissions given and received for Draughts and Remittances by exchange in Florence.ACcording to my proposed method, I will here set down an Example or two of Draughts and Remittances, made by Order and Commission in Florence.
1 Example.To Florence then cometh advice from Venice, that the Exchange for the said place of Florence cometh at Crow. 80½ and for Placentia at Duc. 135½, they inorder in the said place of Venice, That at this rate they make a Remittance to Florence, and draw from Placentia, at how much then will the Draught of Florence for Placentia come unto? To do this,
Multiply Duc. 135½, which is the value of 100 Crow. of Mark by Crow. 80½ of Gold per cent. because the said Crow. of Gold is the rate of the Duc. 100 of Venice, and it will be Crow. 109. 19. from which take 2/ [...] per cent. for the provision payed at Venice, and there will rest Crow. 108. 12. 10. and so many Crow. of Gold is imbursed at Florence for 100 Crow. of Mark for a debt at Placentia; As thus for Example: [...]
2 Example.Again, one of Venice is Creditor in Florence Crow. 3000 of Gold, who inordereth that the same be remitted unto him at Crow. 81½, or by Placentia at Crow. 110, where the most advance and profit shall appear to be, that is to say, That finding a Remittance in both places to benefit of the price limited, the Remittance should be where the profit and benefit is greatest, and finding the Remittance to loss, the Remittance be made where the damage is least, there is then Bills found for Venice at Crow. 82¼, and for Placentia at Crow. 110⅚, I demand by which of the two should the Remittance be made?
By both the said places there is found a delivery to loss, and to know which of the two is the least, say by the Rule of Three, If Crow. 81½ give Crow. 110 the price limited, what will Crow. 82¼ the price found give? and it will come to Crow. 111. 0. 2. So that the Remittance should be made by Placentia, because that remitting to Venice; at Crow. 82¼, to run at the Par, the delivery should be for Placentia at Crow. 114. and the Bills is at Crow. 110⅙, As in the following Example. [Page 402] [...]
3. Example.Again, one of Rome is debitor in Florence in Crow. 2500, who inordereth that the draught be made at Crow. 91, or by Placentia at Crow. 110½ where the most profit shall appear to be, now there is found money for Rome at Crow. 92 [...] l. for Placentia, at 109⅙ Crow. I demand, whither should this draught be made, seeing that to both the places the draughts happen to be to loss in both the limited prices? And to know which is the least of both, say by the Rule of Three, If Crow. 92⅕ the price found for Rome (seeing that Placentia receiveth the uncertain rate from Florence) give Crow. 110½, what will Crow. 91 the price inordered give? It will make Crow. 109. 1. 2. so that the draught shall be made for Placentia, seeing that drawing for Rome at Crow. 92 [...], to run upon a Par, should be taken for Placentia at the said price at Crow. 109½, or thereabout, and there is found at more, that is at Crow. 109⅙: As by Example: [...]
And so much shall suffice to have said of the Orders and Commissions in Draughts and Remittances by Exchange of Florence.
CHAP. CCCCX. Examples of Exchanges practised at Millan, and how the same are to be calculated.
Exchanges practised at Millan.I Have shewed in the general Exchanges of Millan, with how many other places this City is found to Exchange, and there also set down the common current rates thereof, which every day is found so to alter, and no positive rule can be observed in the same; yet is in it self so beneficial, that thereby the unexperienced may know how to make his Accounts, either in his Draughts or Remittances; the way of framing these Accounts now remaineth, observing the same with some few other, the principal needful hereunto.
Accounts kept in Millan.It is also to be noted, That Exchangers do there keep their Accounts in Lire, Sols, and Deniers, and cast up by 20 and 12, because that 20 Sols do make a Lire, and 12 Deniers a Sol.
CHAP. CCCCXI. Of the Exchanges of Millan with Lions.
Exchanges of Millan with Lions. MIllan then exchanges with Lions, and giveth posito Sols 118⅓ to have in the said place, one Crown of the Sun of Gold, I demand then for l. 9258. Sol. 5 of Millan, how many Crowns shall I have credit in Lions? First reduce into Sols the said sum of Livers, of Millan, and they make Sols 185165, the which must be multiplied by 3 to make them thirds of Sols; likewise bring the Sols 118⅓ into thirds, multiplying them by 3, and they make 355, for division of the said sum, and by division it will come to be Crowns, and multiplying the remainder of the division by 20 and 12, to make them Sols and Deniers of Gold, and they will be Crowns 1564. 15. 5. of Gold of the Sun, and so much will be had in Lions for the said sum of li. 9258. 5 of Millan Money, as by this Example: [...]
Proof.The Proof of the said Account is seen when that Lions exchangeth with Millan, as before.
CHAP. CCCCXII. Of the Exchanges of Millan with Placentia.
Exchanges of Millan with Placentia. MIllan doth exchange with Placentia, and giveth posito Sols 133⅓, to have in Placentia one Crown of Mark; I demand then for Livers 9671. 16. 8. of Millan, how many Crowns of Mark must I have in Placentia?
First, reduce into Deniers the said 133⅓ Sols, multiplying them by 12, and adding 4 Deniers for the ⅓ of a Sol. and they make Deniers 1600, and then to reduce into Deniers the said sum of Lire, multiply them by 20 and by 12, adding to the multiplication Sol. 16. and Deniers 8, which account with the Livers, and they make Deniers 2321240, the which must be divided by Deniers 1600, the price of the Crown of Mark, and by division they will come to be Crowns, multiplying the rest of the division by 20 and then by 12, to make them Sols and Deniers of Gold, and they make Crow. 1450. 15. 6. of Mark, and so much will the said sum be in Placentia. Example: [Page 404] [...]
Proof.The Proof of the said Rule is manifested when that Placentia exchangeth for Millan.
CHAP. CCCCXIII. Of the Exchanges of Millan with Venice.
Exchanges of Millan with Venice. MIllan exchangeth with Venice, and giveth a Crown of Livers of 5. 17 s. to have in that place, posito 148 l. ½ Sols, money of Piccoli, I demand for l. 7260. 10. 0. of Millan, how many Ducats of l. 6⅕ shall I have in Venice?
You must divide the said sum of Livers, by Livers 5. 17. reducing them, and the other price into Deniers, and it will be Crow. 1241. 0. 9. the which must be multiplied by l. 7. 8. 6. the Crown, which are the abovesaid 148. 6, beginning to multiply the l. 7. by the Den. 9. 4. then by the Sols, if there were any with the said Crowns, calculating for Deniers 12 one Sol, and for Sols 20 one Lire, and they will be l. 9214. 14. money of Piccoli of Venice; which to be reduced into Ducats, must be divided by l. 6⅕, the value of the Ducat, and it will make Duc. 1486 [...]/24 of l. 6 [...], and so much shall I have in Venice for the sum above mentioned in Livers of Millan, as by Example is more apparent: [...]
Proof.The proof of the said account is seen when Venice doth exchange for Millan.
CHAP. CCCCXIV. Of the Exchanges of Millan with Rome.
Exchanges of Millan with Rome. MIllan exchangeth with Rome, and giveth posito Crow. 115½ of l. 5. 17. per Crow. to have in the said place Crow. 100 of Gold of Estampe, I demand then for l. 7820. 18 of Millan, how many Crowns of Gold of Estampe shall I have in Rome?
You must first see for the said sum of Millan Livers, how many Crowns they will be, dividing them by l. 5. 17 per Crown, and they make Crown. 1336. 18. 1, then say by the Rule of Three, If Crow. 115½ of Millan give in Rome Crowns 100 of Estampe, how many Crowns will the said Crow. 1336. 18. 1. give? and it will amount to Crowns 1157. 9. 9. of Gold of Estampe, which will be given in Rome for the said sum of Millan Livers as abovesaid. Example: [...]
Proof.The Proof of this Rule is seen when that Rome doth exchange with Millan.
CHAP. CCCCXV. Of the Exchanges of Millan with Naples.
Exchanges of Millan with Naples. MIllan doth exchange with Naples, and giveth Crow. 100 of l. 5 per Crow. to have in Naples posito 98½ Ducats, I demand for l. 4314—14—2 of Millan, how many Ducats shall I have in Naples? First take ⅕ of the said sum of Livers to reduce them into Crow. of 5 l. and they make Crow. 862. 18. 10. which must be multiplied by grains 98½ per Crow. seeing it is the same as at Ducats 98½ per 100 Crow. and it makes grains 84999, and cutting off the two last figures, there will remain Ducats 849; and for the two figures cut off, which are grains 99, will be Livers 4, grains 19, in all Ducats 849. 4. 19. which is to be had in Naples for the said sum of Livers of Millan; As for Example: [...]
Proof.The Proof of the said Account is seen when Naples shall exchange with Millan.
CHAP. CCCCXVI. Of the Exchanges of Millan for Genoa.
Exchanges of Millan with Genoa. MIllan exchangeth with Genoa, and giveth posito Sols 118½ to have in Genoa one Crown for 4 l. of that money, I demand for l. 5703. 18. 0 of Millan, how many Livers of current Money shall I have in Genoa? First, reduce the said sum into Sols, multiplying them by 20, and adding to the multiplication the 18 Sols, which account with the Livers, and then of the Sols produced, and of the said Sols 118½ taken for division, bring into ½ Sols, and dividing the same will become Crowns, and the remainder of the Division multiply by 20 and by 12 to make them Sols and Deniers of Gold, and they will make Crowns 962. 13. 8. of l. 4. money of Genoa, the which to bring into Livers, must be multiplied by l. 4. per Crow. beginning to multiply the said l. 4. by Deniers 8, and by the Sols 13, which are with the Crowns, calculating for 12 Deniers 1 Sol, and for 20 Sols one Liver, it will come to l. 3850. 14. 8. and so many Livers of money current shall you have in Genoa for the said Livers 5703. 18. of Millan. [...]
Proof.The Proof of the said Rule is seen when that Genoa doth exchange for Millan.
CHAP. CCCCXVII. Of Terms of Payment of Bills of Exchange in Millan.
Terms of payments of Bills of Exchange in Millan.THE Terms of Payment found to be in Millan, are observed to be from thence
- To Genoa at 5 days sight, and so back.
- To Pisa at 10 days sight, and so back.
- To Florence at 10 days sight, and so back.
- To Venice at 10 days sight, and so back.
- To Paris at 2 months after date, and so back.
- To Bruges and Antwerp at 2 months after date, and so back.
- To Barselona at 20 days sight, and so back.
- To Montpellier at 20 days sight, and so back.
- To Lions for a Fair, and so from Fair to Fair.
And thus much shall serve to have spoken of the Exchanges of Millan: and now to Orders and Commissions in use in the said place.
CHAP. CCCCXVIII. Of Orders and Commissions given and received for Draughts and Remittances.
Orders and Commission [...] given and received for Draughts and Remittances in Millan.ACcording to my proposed method, I will here briefly insert some Examples of Draughts and Remittances made here by Order and Commission from other places.
1 Example.From Naples then cometh Order to Millan, to remit for Placentia at 133 Sol. and to prevail for Genoa at Sol. 118½, the parcel being for 3000 Crowns of Mark. Now there are Bills found for Placentia at Sols 131. considering then the benefit, which is found in the Remittance, at how much may the Draught be for Genoa? Say by the Rule of Three, If Sol. 133 give 118½, the price inordered, what will 131 give, the price found for Placentia? And it will be Sol. 116⅔, and at this price the Draught must be made for Genoa, in remitting to Placentia at Sol. 131, and the Commission will remain effected according to the Order given. [...]
2 Example.Again, from Lions is order given to Millan, that they may draw for Lions at Sol. 118, and re [...]it to Venice at Sol. 145, the parcel being for Duc. 5500 of l. 6⅓ per Duc. there is money for Lions at Sol. 119, and Bills for Venice at Sol. 144⅓, I demand if at these prices the order may be performed? Say by the Rule of Three, taking one of the prices which is found for divisor, by reason that Millan giveth (according to my former method) the certain price to Venice, and the uncertain to Lions; and say, If 144⅓, the price found for Venice, give Sol. 118, what will 145 the price inordered give? And it will make 118½, so that the said Commission at the prices found, may be effected to benefit, because that remitting to Venice, at the said price of 144⅓, the Draught may be made for Lions at 118½, and there is money found at Sol. 119. As by Example: [...]
2 Example.Again, from Rome cometh Order to Millan, to draw on them at Crow. 115, and remit to Pla [...]ntia at 132 Sol, the party being for Crow. 4000, there is Bills found for Placentia at Sol. 133½, and mo. for Rome at Crow. 11. 6⅔, I demand if at these rates the Commission may be performed without loss? Say by the Rule of Three, If Sol. 132 give Cro. 11. 5. tho price limited, what will 133½ [Page 408]give, the price found for Placentia? And it will come to Crow. 116. 6. 1. so that the Commission may be performed to benefit, because that remitting to Placentia at the said price of Sol. 133½ the Draught may be made for Rome at Crow. 116 3/18, and there is found at more, that is to say, at Crow. 116⅖; as per Example: [...]
And thus much shall serve for the Exchanges of Millan, next is Palermo and Mesina.
CHAP. CCCCXIX. Of Exchanges practised in Palermo and Mesina, and how the same are to be calculated.
Exchanges practised in Palermo and Mesina.I Have shewed in the general Exchanges of Palermo and Mesina, with how many other places these Cities in Sicilia are observed to Exchange, and there also set down the common current Rates thereof, which every day are found so subject to alteration, that no positive rule can be observed in the same, yet it is in it self so beneficial, that thereby the unexperienced may know how to make his calculation both in his Draughts and Remittances. The way of casting the sum up is now to be handled, observing the same here with some few principal places, which is sufficient for instruction to those others omitted.
Accounts kept in Sicilia.First, it is to be noted, that in Palermo and Mesina, and generally throught the Island of Sicilia the Exchangers keep their Accounts in Ounces, Taries and Grains, which are cast up by 30 and 20, because that 30 Taries do make an Ounce, and 20 Grains make a Tarie: And also it is to be observed, That the Ducat is worth Taries 13, which is Carlins 26; the Crown of money is worth Taries 12, which is Carlins 24. The Florin is worth Taries 6, which is Carlins 12.
- So that the Tarie is — 2 Carlins.
- The Carlin is — 10 Grains.
- The Grain is — 6 Picolis.
CHAP. CCCCXX. Of the Exchanges of Palermo and Mesina with Lions.
Exchanges of Palermo and Mesina with Lions. PAlermo and Mesina doth Exchange with Lions, and giveth posito 28 Carlins to have in Lions a Crown of the Sun, I demand then for ounces 2189. 25. 17, how many Crowns must I have in Lions? First, multiply the ounces by 30, to make them Taries, adding thereto the 25 Taries, and multiply the Taries that will come thereof by 20 to bring them into Grains, and add thereto 17 which are with the ounces, and then they will be Grains 1313917; do the same likewise with the 28 Carlins, multiplying them by 10, because the Carlin is worth 10 Grains, and they will be 280 Grains, the which must be taken for divisor against the said Grains come from the ounces 2189. 25. 17, and from the division will come Crowns of the Sun, and multiplying the remainder by 20, and then by 12, to make them Sols and Deniers of Gold, and they will be Crow. 4692. 11. 2; As for Example: [Page 409] [...]
Proof.The proof of this account is seen when that Lions shall Exchange back with Palermo and Mesina.
CHAP. CCCCXXI. Of the Exchanges of Palermo and Mesina with Placentia.
Exchanges of Palermo and Mesina with Placentia. PAlermo and Mesina Exchange for Placentia, and give posito Carlins 29½ to have in the said place one Crown of Mark, I demand then for ounces 1180, Taries 7, and Grains 19, how many Crowns of Mark shall I have in Placentia? Herein do as in the precedent account, multiplying the said ounces by 30, to make them Taries, and add the 7, which are with the ounces, and then multiply the said Taries by 20, to make them Grains, and add the 19, and they will be Grains 7081. 59. do the same with the 29½ Carlins, multiplying them by 10 to being them into Grains, adding 5 for the ½ Carlin, and they make 295 grains, the which taken for divisor, against the sum of Grains come of the ounces 1180. 7. 19, and of the division will come Crow. of Mark; multiplying the remainder by 20, and then by 12, to make them Sols and Deniers of Gold, and they make Crow. 2400. 10. 9. and so many Crow. of Mark shall I have in Placentia for the said sum of Ounces. [...]
Proof.The Proof of the said Rule is seen when that Placentia doth exchange either for Palermo or Mesina.
CHAP. CCCCXXII. Of the Exchanges of Palermo and Mesina with Naples.
Exchanges of Palermo, &c. with Naples. PAlermo and Mesina doth Exchange with Naples, and gives posito Pomitos 166½ of 8 Picolis to have one Ducat of 5 Taries, I demand then, for Ounces 1053, Taries 6, and 2 Grains how many Ducats must I have? First multiply the said sum of Ounces by 30, to make them Taries, and then by 20 to make them Grains, adding to the multiplication 6 Taries, and 2 Grains which accompany the Ounces, and then they make Grains 631922, out of which to make them Pomitos take out the ¼, because that the Grain is worth 6 Picolis, and the Pomito is worth 8 Picolis, of which the 2 Picols overplus is the ¼ of 8, and then they make Pomitos 473942, which must be divided by the said 166½ the price of the Exchange, reducing them into ½ Picolis both on the one and on the other side, and by division they will make Ducats of Naples, multiplying the remainder by 100, and adding of two Cyphers, to bring them into Grains, because that the Ducat is 100 Grains, and the same will be Ducats 2846; and for the Grains 49, Tarics 2, and Grains 9, of Taries 5 per Ducat, which is to be rendred at Naples for the said sum of Ounces of money of Palermo; Example: [...]
Proof.The proof of this account is seen when that Nuples doth Exchange for either Palermo or Mesina.
CHAP. CCCCXXIII. Of the Exchanges of Palermo and Mesina with Venice.
Exchanges of Palermo, &c. with Venice. PAlermo and Mesina doth Exchange with Venice, and giveth one Crown of 12 Taries, to have in Venice l. 6. 18 posito, I demand for ounces 1486 26. 10, what credit in Ducats shall I have in Venice of l. 6⅕ per Ducat? First reduce the said Ounces into Crowns of 12 Taries, multiplying them by 30, to make them Taries, adding to the multiplication the 26 Taries which are with the ounces, and they make Taries 44606, out of which take 1/12, and they then make Cro. 3717, Taries 2, and Grains 10, which must be multiplyed by 138 Sol per crow. which are the said l. 61. 8, and they make Sols 512974¼, which must be divided by 124 the price of the Ducat, and it will make Ducats 4136⅞; and so much shall I have in Venice for the said sum of ounces in Palermo or Mesina. Example: [Page 411] [...]
Proof.The proof of this Rule is to see if 4136 21/24 Duc. of l. 6⅕ of Venice make the said sum of Ounces 1486. 26. 10. of l. 6. 18 money of Venice, for one Crown of 12 Taries in Palermo, or Mesina, as abovesaid.
CHAP. CCCCXXIV. Of the Exchanges of Palermo and Mesina with Barselona.
Exchanges of Palermo, &c. with Barselona. PAlermo and Mesina Exchanges with Barselona, and giveth one Florin of 6 Taries, money of Palermo, to have in Barselona posito 10½ Sols, money current of Barselona; I demand then for 300 ounces what credit in Livers is due for the same? First, multiply the said ounces by 5 to make them Florins, the ounce being accounted 5 Florins, and it makes 1500 Florins, the which multiplied by 10½ Sols per Florin, make Sols 15750, which to reduce to Livers, you must cut off the last figure, and take ½ of the rest, and it will be l 787. 10, which is due at Barselona. [...]
Proof.For the proof of the said Rule, as above divide the said Livers l. 787. 10 by 10½ Sol. to make them Florins, and it is 1500 Flor. and if there were any remainders, they should be multiplied by 6 and then by 20, to bring them into Taries and Grains: and for to reduce the said 1500 Flor. into ounces, you must take ⅕, for that 5 Flor. make one ounce, and it will come to 300 ounces, the Rule thus appearing right and just.
Palermo and Mesina, with Saragosa and Valentia.And for the Exchanges of Palermo and Mesina, with Valentia and Saragosa, it is cast up as above, we therefore need not insist further, as being easily comprehended.
CHAP. CCCCXXV. Of Orders and Commissions given and received for Draughts and Remittances in Palermo and Mesina.
Orders and Commissions given and received for Draughts and Remittances in Palermo and Mesina.ACcording to my proposed method, I will here briefly insert some examples of Draughts and Remittances made by Order and Commission in Palermo and Mesina from other places: At Mesina, the Exchange for Lions is found to go at Carlins 28, and for Placentia at Carlins 33, and from hence there is an exchange for Lions at Crow. 81½, I demand if at these prices there will be a benefit to remit from Mesina to Placentia, and draw for Lions, to remit from Placentia to the said Lions at the said price of Cro. 81½? Say by the Rule of Three, If Carlins 33 [Page 412]the value of a Crown of Mark (to reduce the exchange to the value of 100 Crow.) give 100 Crow. of Mark, what will 28 Carlins give, the value of the Crown of the Sun? And it will be Crow. 84 11/20, out of which must be abated ⅔ per cent. for provision payable ⅓ at Lions, and another ⅓ at Placentia, and there will remain Crow. 84 3/10, and at this price the remittance may be made from Placentia to Lions, to satisfie that debt, and finding to remit at less, that is at Crow. 81½, it appeareth plainly to be to profit to draw and to remit according to the aforesaid Order, in which also lies this consideration, that the money of Placentia for Lions may also vary from the said price. Example: [...]
1 Example.Again, from Venice there is Order given to Mesina, to draw upon them at l. 6. 14, and to remit to Placentia at Carlins 29, the partido being for Crowns 2000 of Mark. Now there are Bills for Placentia found at Carlins 29½, and money for Venice at l. 6. 12. 6, I demand if at these prices the said Commission may be effected? Say by the Rule of Three, taking one of the prices that is found for divisor, because that from Mesina to Venice it giveth the price certain, and to Placentia the incertain, saying thus, If Carlins 29½ the price found for Placentia, give Sol. 134, which are the said l. 6. 14. what will Carlins 29 give, the price inordered? And it will make Sol. 131¼, or thereabout, so that the said Commission may not be effected but to loss, seeing that remitting to Placentia at the said price of 29½ Carl the draught, cannot be made to Venice at more than Sol. 131¼, and money is not found but at Sol. 132½, which are the said l. 6. 12. 6 d. Example: [...]
2 Example.Again, from Naples there is an exchange made for Mesina at Duc. 118 1/31, and for Placentia at Duc. 132⅓. Now there is order given in Naples, that at these rates, they draw for Mesina, and that they remit to Placentia, I demand then at how much will the remittance be from Mesina to Placentia? Say by the Rule of Three, If grains 118⅓ make disbursed in Mesina Carl. 26, the price of the Crow. of Taries 13, how many will 132⅓ grains disbursed be, the value of the Crow. of Mark? It will make Carlins 29, and ⅔ of a grain, and so many Carlins (and then ⅖ per cent. for [Page 413]the provision that is paid at Naples) comes to be disbursed in Mesina for one Crown of Mark of credit in Placentia. [...]
And thus much shall serve to have said of the Exchanges that are practised in Palermo and Mesina, to which the whole Island of Sicilia hath reference.
CHAP. CCCCXXVI. Of Examples upon the Exchanges that are practised in Barselona, and how the same are calculated.
Exchanges practised in Barselona.I Have shewed in the general Exchanges of Barselona, how many other places Barselona is found to Exchange with, and there also set down the common rates how the same for the most part is found to govern, which every day is so subject to alter, that no positive Rules can be set down for the same, howbeit the same is in it self so available, that thereby the unexperienced may know how to make the account thereof, at what rate soever the Exchange is found to be, either in remittance or draughts, the which only now remaineth to be handled, observing the same with so many other Towns, as may be fittest to understand the ground thereof.
Accounts kept in Barselona.It is then to be noted, That Bankers and Exchangers here do keep their accounts in Lire, Sold, and Deniers, which are cast up in 20 and 12, because that 20 Sols makes a Liver, and 12 Deniers make a Soldo, and it is to be noted that;
- The Ducat is worth — sold. 24
- The Crown is worth — sold. 22
- The Rial is worth — sold. 02
Note, concerning the exchanges practised in Valentia and Saragossa, Sevil and Lisbon. Note also here, that the same order which is observed in the Exchanges which are made in this City of Barselona, with the other places of Spain, should be observed in the Exchanges which are made in Saragosa, Valentia, Sevil and Lisbon, seeing that when the said places of Spain Exchange the one with the other, always that place which Exchangeth, giveth Duc. 100, to have the more or the less, and therefore the money of the place where the Exchange is made, must first be reduced into Ducats, and multiplying the Ducats which come thereof, (which are of the place to which it Exchang [...]th) by the price it is worth, for to reduce the same into the money wherein their accounts are there kept, and this considered to abreviate my labour, the rules being easie, I shall forbear to trouble my self with any further particulars concerning the said place; of Valentia, Saragossa, Sevil and Lisbon.
CHAP. CCCCXXVII. Of the Exchanges of Barselona with Lions.
Exchanges of Barselona with Lions. BArselona doth Exchange with Lions, and giveth posito Sols 22. 8 to have in Lions one Crown of the Sun of 3 l. I demand for l. 8865. 12. 10, how many Crow. am I to have in Lions? First reduce the said sum of Livers into Deniers, multiplying the same by 20, and adding of 12 Sols, and then by 12 and adding 10 Deniers; then reduce into Deniers the said Sol. 22. 8. d. and they make 272, for divisor, against the sum of Deniers come of [Page 414]the said Livers; and multiplying the rest of the divisor by 20 and by 12 to make them Sols and Deniers of Gold, and they make Crowns 7822. 12. 6, Of Gold of the Sun, which is due to have in Lions. Example: [...]
Proof.The proof of this account is manifested when that Lions doth Exchange for Barselona.
CHAP. CCCCXXVIII. Of the Exchanges of Barselona with Placentia.
Exchanges of Barselona with Placienta. BArselona doth Exchange with Placentia, and giveth posito Sols 23 2/12 to have there a Cro [...] of Mark, I demand for Livers 1850. 12. 0. how many Crow. of Mark shall I have?
First reduce the said sum of Livers into Deniers, multiplying them by 20, to make them Sold and add the 12, and then by 12 to make them Deniers, and do the same with the Sols 23 [...]/12 multiplying them by 12, and adding thereto 7 Deniers; the Deniers come thereof are to be taken for divisor against the Deniers come of the said Livers, and by division they will come to Crow. of Mark, multiplying the rest by 20 and by 12 to make them Sols and Deniers of Gold, and then they make Crow. 1569. 8. 3 of Mark, which is due to be had in Placentia for the said sum of Barselona: [...]
Proof.The proof of this Rule is apparent when that Placentia doth Exchange for Barselona.
CHAP. CCCCXXIX. Of the Exchanges of Barselona with Saragosa.
Exchanges of Barselona with Saragosa. BArsclona exchangeth with Saragosa, and giveth 10 Ducats of 24 Sol. per Ducat, to have in this place posito 104 Ducats of Sols 22 per Ducat of that money, I demand for Livers 6000 of Barselona, how many Livers shall I have in Saragosa? First reduce into Sols the said sum of Livers, multiplying them by 20, and divide the Sols coming thereof by Sol. 24. the price of the Ducat, and it will be Ducats 5000, the which Duc. 5000 of Barselona must be multiplied at the said price of Duc. 104 per cent. and from the sum cut off the two last sigures the which multiplied by 20 and by 12, to make them Sols and Deniers of Gold, will be Duc. 5200 of S [...]ragosa, which must be multiplyed by l. 1. 2 Sol. the price of the Ducat, and they make Livers 5720, which should be rendred in Saragosa for the said 6000 l. money of Barselona. [...]
Proof.The proof of this Rule is manifest when that Saragosa doth again rechange back for Barselona.
CHAP. CCCCXXX. Of the Exchanges of Barselona with Valentia.
Exchanges of Barselona with Valentia. BArselona doth Exchange with Valentia, and giveth Duc. 100 of 24 Sols, to have in Valentia posito Duc. 108 of Sols 21 per Duc. of that money, I demand for l. 7000 money of Barselona, how many l. shall I have in Valentia?
In this you must do as in the preceding account of Barselona for Saragosa, multiplying the Ducats of Valentia which shall come thereof by Livers 1, 1 the price of the Ducat, and it will be Livers 16615, and so much will be due in Valentia for 7000 l. delivered in Barselona. [...]
Proof.The proof of this Rule is apparent when that Valentia doth rechange for Barselona.
CHAP. CCCCXXXI. Of the Exchanges of Barselona with Sevil.
Exchanges of Barselona with Sevil. BArselona doth exchange with Sevil, and giveth Duc. 100 of 24 Sol. per Duc. to have in this place Duc. 108 posito more or less, of Marvedes 375 per Ducat. I demand for l. 7500 how many Marvedes must I have in Sevil?
You must do as in the precedent Rule of Barselona for Valentia, multiplying the Ducats of [Page 416] Sevil which come thereof, by Marvedes 375, the price of the Duc. and it will make Marvedes 2531250, which is due to have in Sevil for the said sum of 7500 l. in Barselona. Example. [...]
Proof.The proof of this Rule is manifested when that Sevil doth rechange for Barselona.
CHAP. CCCCXXXII. Of the Exchanges of Barselona with Lisbon.
Exchanges of Barselona with Lisbon. BArselona doth exchange for Lisbon, and giveth Duc. 100 of 24 Sols per Duc. to have in Lisbon Ducats posito 113, of 400 Raes per Duc. I demand for 4000 l. of Barselona, how many Racs shall I have in Lisbon? Here you must do as in the account precedent of Barselona for Sevil, multiplying the Ducats of Lisbon which shall come thereof by 400 Raes per Duc. and they make Raes 1506666, which is due to be had in Lisbon for l. 4000. in Barselona. Example. [...]
Proof.The proof of this Rule is apparent when that Lisbon doth rechange back for Barselona.
CHAP. CCCCXXXIII. Orders and Commissions given and received for Draughts and Remittances in Barselona.
Orders and Commissions given and received for Draughts and Remittances in Barselona.ACcording to my proposed method, I will here briefly insert some Examples of Draughts and Remittances made in this City by Order and Commission from other places.
1 Example.To Sevil then cometh Order from Barselona to draw upon them at Duc. 93½, and remit to Placentia at Marvedes 413, clear of all charges, the partido being for Crow. 3000 of Mark. Now there is found money for Barselona at duc. 93, and Bills for Placentia at Marvedes 413, I demand if at these rates the Commission may be accomplished and performed? You must say by the Rule of Three, taking one of the prices which are found for divisor, because that Sevil giveth to Barselona the certain, and to Placentia the incertain price, saying, If duc. 93 the price found for Barselona give Marvedes 413, what will duc. 93½ give the price inordered? and it maketh [Page 417] vedes 415⅕, out of which deduct ⅖ per cent. for Provision which is taken, there will remain Marvedes 413 11/20 incirca; so that the said Commission may be effected to profit, seeing that drawing to Barselona at the said price of Duc. 93, it may be delivered for Placentia at Mar. 413 20/21, and there present Bills at less, that is, at 413 Marvedes: as by Example: [...]
2 Example.Again in Barselona cometh Order from Valentia, that Remittance may be made to them at Duc, 108¼, and to prevail from Placentia at Sol. 23, the Partido made for 3000 Crow. Mark, Now there is Bills found for Valentia at Duc. 107, I demand then for the loss that is given by the Remittance, at what price may the Draught be made for Placentia? Say by the Rule of Three, taking one, of the prices found for Divisor, because then Barselona giveth the certain to Valenria, and the uncertain price to Placentia, saying if Duc. 107 the price found for Valentia give Sol. 23. what will Duc. 108¼ give, being the price inordered? and it will come to Sols 23¼, and at less price cannot be drawn for Placentia, remitting to Valentia at Duc. 107. Examples: [...]
CHAP. CCCCXXXIV. Of the Terms of Payments of Bills of Exchange in Barselona.
Terms of payment of Bills of Exchange in Barselona, &c.THE Terms of Payment found accustom'd in Barselona, is noted to be thence,
- To Venice at 2 months after date, and so back.
- To Florence at 2 months after date, and so back.
- To Avignon at 18 days sight, and so back.
- To Bruges and Antwerp at 50 days after date, and so back.
- To Genoa at 20 days after date, and so back.
- To Lisbon at
- To Sevil at
- To Saragosa at
- To Ʋalentia at
- To Lions for the Fair, and so from Fair to Fair,
- To Placentia, and from Fair to Fair.
And thus much shall serve to have said of the Exchanges in general practised in Barselona Ʋalentia, Saragosa, Sevil, and Lisbon in Portugal.
CHAP. CCCCXXXV. Examples of Exchanges practised in Antwerp, and how the same are to be calculated.
Exchanges practised in Antwerp.I Have shewed before in the general Exchanges of Antwerp, with how many other places this City is found to exchange, and there also observed the common current rates thereof, which in it self is found every day so subject to alteration, that no positive rule can be set down therein; however the same is so beneficial to the unexperienced, that he may easily make his calculation thereby either in his Draughts or his Remittances: there resteth now to be handled the way and method how the same is cast up, which I shall only observe with such other principal places as may be sufficient for instruction, and as a guide to rule that which is here omitted.
Accounts kept in Antwerp.And the better to understand what shall ensue, it is to be noted, that in Antwerp, Bankers and Exchangers do keep their accounts in pounds, shillings, and pence Flemish or gross, which are cast up by 20, and by 12, because that 20 Sols or shillings make a pound, and 12 pence or gross makes shilling.
CHAP. CCCCXXXVI. Of the Exchanges of Antwerp with Lions.
Exchanges of Antwerp with Lions. ANtwerp doth exchange with Lions, and giveth posito 121⅓ gros. to have in Lions one Crown of the Sun of Gold of 3 l. I demand then for l. 3486. 1. 9. money of Antwerp, how many Crowns must I have in Lions? First reduce the said sum of Livers into grosses, multiplying the same by 20 and then by 12, adding to the multiplications 1 Sol. and 9 pence, which are with the pounds, and divide by 121⅓ gros. the sum of Grosses which shall come of the said Livers, reducing both them and others into thirds of Grosses, and of the Division will come Crowns, and multiplying the remainder of the Division by 20 and 12, to make them Sols and Deniers of Gold, they will make Crow. 6895. 11. 1. of Gold of the Sun, which you shall have in Lions for the said sum delivered in Antwerp. Example: [...]
Proof.the Proof of the said Rule is seen when that Lions doth exchange for Antwerp.
CHAP. CCCCXXXVII. Of the Exchanges of Antwerp with Placentia.
Exchanges of Antwerp with Placentia. ANtwerp doth exchange with Placentia, and giveth posito Gros. 124½ to have in Placentia one Crown of Mark; I demand for l. 363. 10. 3. money of Antwerp, how many Crowns of Mark shall I have in Placentia? First, reduce the said sum of Livers into Gros. multiplying the sum by 20 and by 12, adding to the Multiplication 10 s. and 3 d. which are with the pounds, and divide the Grosses that come thereof by the said Gros. 124½ the price of the Crown of Mark, bringing both the one and the other into half Grosses, and by division it will come to Crow. multiplying the remainder by 20 and by 12, to bring the same into pence, and then they will be Crow. 700. 14. 11 of Mark, which will be due at Placentia for the said sum of Livers or pounds in Grosses. [...]
Proof.The Proof of the said Account is seen when that Placentia shall exchange with Antwerp.
CHAP. CCCCXXXVIII. Of the Exchanges of Antwerp with Florence.
Exchanges of Antwerp with Florence. ANntwerp doth exchange with Florence, and giveth posito 112½ gross. to have in that place one Crown of Gold, I demand for l. 656. 10. 11. money of Antwerp, how many Crow. of Gold do they make? and doing as in the precedent Rule, it will appear to be Crow. 1400. 12. 7. of Gold, which I shall have in Florence for the said pounds Flemish. [...]
[Page 420] Proof.The Proof of the said Account is seen when that Florence shall be found to exchange with Antwerp.
CHAP. CCCCXXXIX. Of the Exchanges of Antwerp with Venice.
Exchanges of Antwerp with Venice. ANtwerp doth exchange with Venice, and giveth posito 92½ Grosses to have in that place one Ducat of l. 6⅕ money of Venice, I demand for l. 1468 14 6, money of Antwerp, how many Ducats shall I have in Venice? and doing as in the precedent Accounts, it will come to Ducats 3810 17/24; and so many Ducats of l. 6⅕ will be due in Venice. Example: [...]
Proof.The Proof of this Account is seen when that Venice shall exchange for Antwerp.
CHAP. CCCCXL. Of the Exchanges of Antwerp with London.
Exchanges of Antwerp with London. ANtwerp doth exchange for London, and giveth posito Shillings 33⅓ to have in that place one pound sterling, I demand for l. 748 18 6 money of Antwerp, how many pounds sterling shall I have in London? First reduce as well the said sum of pounds sterling as the said sum of pounds Flemish into Grosse and Pence, multiplying the pounds by 20, and then by 12, adding the shillings 18, 6 d. which are with the pounds Flemish, and the shillings Flemish 33⅓ multiplied by 12, adding 4 Gross for ⅓ of a shilling Flemish, and the Gross. which shall come thereof must be taken for Divisor, against the sum of Grosses come of the said pounds, and dividing the sum will come pounds sterling, multiplying the remainder of the division by 20, and then 12 to make them shillings and pence sterling, they will make pounds sterling 449 7 1, due in London for the said sum of pounds Flemish 748 18 6. Proof.And for proof of the said Exchange, multiply the said pounds sterling 449 7 1 by 1 l. 13 shillings, 4 d. with the said 33⅓ shillings, and it will make the abovesaid l. 748 18 5 pounds Flemish; so that the account will appear to be just cast up. [Page 421] [...]
And thus much shall serve to have said here of Exchanges. Now to the Terms of Payments of Bills in Antwerp.
CHAP. CCCCXLI. Of the Terms of Payment of Bills of Exchange in Antwerp.
Terms of payment of Bills of Exchange in Antwerp.THE Terms of Payments of Bills of Exchange observed in Antwerp, and to go from thence to other Cities, is:
- To Venice 2 months after date, and so back.
- To Florence at two months after date, and back the same.
- To Genoa at 2 months after date, and thence the same.
- To Avignon at 2 months after date, and so back.
- To Barselona at 50 days after date, and so back.
- To Valentia one month after sight, and back 30 days after date.
- To London one month after date, and so back.
- To Pisa 2 months after date, and so back.
- To Millan 2 months after date, and so back.
- To Paris one month after date, and so back.
- To Montpellier 20 days after sight, and so back.
- To Lions for the succeeding Fair.
- To Placentia for the next succeeding Fair.
- To Rouen one month after date, and so back.
Now for the Orders and Commissions given in Antwerp, I will here insert a word also, according to my method.
CHAP. CCCCXLII. Of Orders and Commissions given and received for Draughts and Remittances in Antwerp.
Orders and Commissions given and received for Draughts and Remittances in Antwerp.ACcording to my proposed method, for the better understanding of what is said, I will insert some Examples of Draughts and Remittances made by Order and Commission in the City of Antwerp.
1 Example.At Venice then is found an Exchange for Antwerp posito at Gross. 90, and for Placentia at Duc. 135, Order being given to Venice that at these prices they draw to Antwerp, and remit to Placentia; I demand at how much will come the Remittance from Antwerp to Placentia? First you must multiply the said Ducats 135, the value of 100 Crow. of Mark, at the said price of 90 Gross. per Ducat, and of the Grosses which shall come thereof, you must cut off the two last sigures, and there will remain Gross. 121½, and so many Gross. and ⅖ more per cent. for provision, which is payable in Venice, is disbursable in Antwerp for one Crown of Mark in credit in Placentia. [Page 422] [...]
2 Example.Again, at Venice is Exchange found for Antwerp at gro. 90⅓, and for London at 56 pence sterling, there is hereupon Order given to Venice, that at these prices they draw for Antwerp, and remit to London, the question is, At what price will the Remittance be from Antwerp to London? To do this, say by the Rule of Three, If 56 pence sterling give gros. 90⅓ (seeing that the one and the other is the value of a Ducat of Venice) what will 240 pence sterling give, being the price of the pound sterling of London? It will be gros. 387, which reducing to shillings in taking the 1/12, and it will be 32¼ shillings; and so many shillings Flemish, and ⅖ more per cent. for the provision payable in Venice, comes to be disbursed in Antwerp, for one pound sterling money Credit in London. [...]
2 Example.Again, a Merchant of London is Creditor in Antwerp 2000 l. Flemish, who inordereth that it be remitted him at Shillings 33¼, or to Placentia at 121 gro. where the most profit shall be found, that is, to that place which shall be most beneficial, or to least loss of the prices limited: Now there are found Bills for London at Shillings 33½, and for Placentia at gro. 121¼, I demand to which of the said places should the Remittance be made, seeing that by both there is found Remittance to loss? And to know where is the least, say by the Rule of Three, If shil. 33¼ give gros. 121 the price inordered, what will shil. 33½ give, being the price found for London? It will come to gros. 121 9/10; so that the Remittance should be made to Placentia, because that remitting to London at shil. 33½ to go to the Par, should be delivered for Placentia at gro. 121 9/10, and there is found Bills for loss, that is at 121¼ gross. [...]
And thus much for the Exchanges practised in Antwerp.
CHAP. CCCCXLIII. Of the Exchanges practisd in London, and how the same are to be calculated.
Exchanges practised in London.I Have shewed in the general Exchanges of London, with how many other places this City is found to Exchange and there also set down the common current prices and rates thereof, which every day is found to be so subject to alteration, that no positive rule can be observed rightly to set down the same, yet it is in it self so beneficial, that thereby the unexperienced may know how to make his calculation thereof, and that as well in his Draughts as in his Remittances. Now only there resteth to conclude this Tract of Exchanges and this Map of Commerce, to handle the way how the same is cast up, and how by Arithmetick it is performed, which I will observe here with some other principal places, which may serve for a sufficient ground and instruction to those here omitted.
Accounts kept in London.It is here to be noted for the better understanding of what ensueth, That all Bankers or Exchangers do keep their Accounts in London in pounds, shillings, and pence, commonly called sterling, and cast up by 20 and by 12, for 20 Shillings make a pound, and 12 pence make a shilling.
And morcover that London exchangeth in the Denominator of pence sterling with all other Countreys, Antwerp, and those Countrys neighbouring of Flanders and Holland excepted, with which it exchangeth by the entire pound of 20 shillings sterling.
CHAP. CCCCXLIV. Of the Exchanges of London with Lions.
Exchanges of London with Lions. LOndon exchangeth with Lions, and giveth posito 61 pence more or less to have in Lions a Crown of Gold of the Sun of 3 l. piece I demand then for 348 l. 15 shillings sterling, how many Crowns of the Sun shall I have Credit for in Lions? First reduce the said sum of pounds sterling into shillings, multiplying the same by 20, and adding thereto 15 shillings, and then by 12 pence, adding thereto the pence if any were, and then divide the same by 61 pence, and the Divident will make Crowns, multiplying the remainder of the Division by 20 to make them Sols, and by 12 to make them Den. of Gold, and then they make in all Crow. 1372008 Pence of the Sun of Gold, that I shall have in Credit at Lions for the said sum of 348 l. 15 sterling delivered in London. [...]
Proof.The proof of this rule is manifested when that Lions shall exchange the said sum of 1372⅛ Crowns for London: Exchanges of London with Paris, Rouen &c, in France.And here also it is to be noted, that the rule is the same when London shall exchange with either Paris or Rouen, or any other City of the Kingdom of France.
CHAP. CCCCXLV. Of the Exchanges of London with Florence.
Exchanges of London with Florence. LOndon doth exchange with Florence, and giveth posito 70 pence ster. more or less to have in Florence a Crow. of Gold, I demand then for pounds 656 10 6 d. ster. how many Crowns shall I have Credit in Florence? This is to be cast up as in the precedent rule of London with Lions, and it will appear, That for the said 656 10 6 sterling I am to have Credit in Florence the sum of Crow. 2250⅛ — as per Example: [...]
Proof. Note, That this Exchange is seldom practised from London, and therefore not in use in these days, but when many Florentine Merchants resided in London it was much in use; yet the Rule is right, and the proof thereof is evident, when Florence rechangeth again for London.
CHAP. CCCCXLVI. Of the Exchanges of London with Venice.
Exchanges of London with Venice. LOndon is found to Exchange for great Sums with Venice, and giveth posito 50 d. sterling to have in the said place one Ducat in Banco of l. 6⅕ money of Venice, I demand then for 555 l. 17 6 d. sterling, how many Ducats shall I have Credit for in Venice? This is done as in the precedent rule, reducing the pounds sterling into shillings, by the multiplication of 20, and adding 17, and then multiplying that again by 12, to bring it into pence, and adding thereto 6 d. and it will make Duc. (2668⅕) which should be rendred in Venice for 555 l. 17 6 d. sterling in London, as per Example: [...]
Proof. Difference between money in Banco, and current money in Venice. Note, that for distinction of the current money in Venice, which is 21 per cent. at present worse than the money payable by Exchange, it is termed in Banco, in which all Bills of Exchange are payable, and the proof of this rule is apparent when that the said sum of 2668⅕ Ducats is rechanged for London.
CHAP. CCCCXLVII. Of the Exchanges of London with Antwerp.
Exchanges of London with Antwerp. LOndon doth exchange with Antwerp, and giveth one pound sterling, to have in Antwerp posito Shillings 35. 6 pence or gross, money of Antwerp, I demand then for 445 l. 15 and six pence sterling, how many pounds Flemish shall I have in Antwerp? First, multiply the pounds sterling by 20, and bring them into shillings, and then by 12 to bring them into pence sterling, do also the same with the pounds Flemish, bringing them first into shillings Flemish, by a multiplication of 20, and then to pence or gross by multiplication of 12 d. accounting the 35 s. 6 d. for l. Flem. 1. 15. 6 d. and say then by the Rule of Three, If one pound sterling give 35. 6 d Flemish, the price proposed, what will 445 l. 15. 6 sterling give? which will make l. 791. 5. 0 d. Flemish, for which you must have credit in Antwerp. [...]
Proof.The proof of the Rule is more apparent when that Antwerp doth Exchange for London; London Exchange with Amster [...] C [...]olond [...]and note, That the account is the same when that London doth exchange for Colonia, Amsterd [...]m, and other places in the Low-Countries.
CHAP. CCCCXLVIII. Of Orders and Commissions given and received for Draughts and Remittances in London.
Orders and Commissions given and received for Draughts and Remittances in London.ACcording to my proposed method I will here for conclusion of the Exchanges practised in London, briefly insert some Examples of Draughts and Remittances made by Commission and Order in the City of London.
Example 1.To London then cometh Order from Venice to remit to them at 60 pence, and to draw for Placentia at 82 per sterling, the partido being for Crow. 40000 of Mark. I find then Bills for Venice at 61 pence, I would know, considering the loss that presenteth in the Remittance, at how much should I draw my Draughts for Placentia; you must say by the Rule of Three, If pence 60 give pence 82, the price inordered, how many will pence 61 give the price found for Venice? and it will be pence 83⅓ sterling, or thereabouts, and at less must not the Draught be for Placentia. [...]
Example 2.Again, posito, Florence is found to exchange for London at pence 83 sterling, and say for Placentia at Crow. 108, and that there is Order given to Florence, that at these rates they draw for London and remit to Placentia, at how much then will the remittance come from London to Placentia? [Page 426]to do this, I multiply the said Crow. of Florence, which properly are to the value of Crowns 100 of Mark by pence sterling 83, as is above-mentioned, and out of the pence that are thence produced, I cut off the two last figures, and there will remain pence sterling 89⅔ incirca, and so many pence together with ⅖ per cent. for the provision that is commonly paid in Florence, comes to be disbursed in London, for one Crown of Mark credit in Placentia. [...]
3 Example.Again, to Antwerp cometh Order from London, to draw thither, and to remit to Venice, at such a price, that the remittance from London for Venice, come but to 55 pence sterling clear of charges, the partido being 1000 pound sterling, now there is found money for London at s. 33⅓, and Bills for Venice at gro 90⅔, I demand if at this price the said Commission may be essected? First reduce the said s. 33½ into gros. and they make 400, then say by the Rule of Three, if pence 240, (the value of the pound sterling) give 400 gro. what will 55 pence sterl [...]g give being the price of the Ducats of Venice, it will make gross. 91⅔ from whence mull be deducted ⅖ per cent. for provision taken, and there will remain gro. 91 3/10, so that the said Commission may be effected to profit, because that drawing for London at s. 33 [...]/ [...], may be delivered for Venice at gross. 91 3/10, and there present Bills at less, that is at gross. ⅖ 90; Example. [...]
And this is as much as I conceive needful at this time to insert concerning the Exchanges practised in London, now there only resteth Terms of payment of Bills of Exchange in London.
CHAP. CCCCXLIX. Of the Terms of Payments of Bills of Exchange in London.
Terms of payment of Bills of Exchange in London.THE Terms for the Payment of Bills of Exchange in London are observed to be with other Cities thus:
- To Venice at 3 months after date, and so back.
- To Antwerp at one month after date, and so back.
- To Genoa at 3 months after date, and so back.
- To Florence at 3 months after date, and so back.
- To Pisa at 3 months after date, and so back.
- To Lions for the Fair, and so from Fair to Fair.
- To Placentia the same as Lions.
- To Rouen and Paris at one month after date, and so back.
CHAP. CCCCL. Of the Abreviation of Division and Multiplication after the Italian and foreign manner and method.
Of Division and Multiplication abreviated after the Italian manner.FOr as much as I have in many parts of this particular Tract of Exchanges, followed the Arithmetical method and manner of those rules practised in the calculation of these Exchanges by the Bankers and Exchangers of Italy, it will be here needful for the better enlightning of the same, and the easier casting up and calculation thereof, that I shew how the Italian Brokers and Exchangers do abreviate their labour, and shorten their task therein, and the rather I have presumed to add the same here, and in this place, partly in regard that I have not found it published by any of our English Arithmeticians, but princinally to shew the learner the ways how the same are there wrought and Arithmetically calculated.
It is generally confest by all Arithmeticians, that the whole Art of Arithmetick depends upon five principal Rules, now commonly in all Countreys received and taught, that is, by Numeration, Addition, Substraction, Multiplication, and Division, and that no one proposed question in Arithmetick can be perfected without the help of some of these; for the three former, I find not any disagreement in the common received manner by them and us, and therefore I will omit to speak any thing thereof; but of the two latter, whereby is observed that most Rules and Questions of all Exchanges are perfected and performed, I will here insist upon, induced principally, as I said before, to enlighten thereby the precedent Examples that I have handled in the calculations of the Exchanges before-mentioned.
I will then in the first place, contrary to the custom of our English Masters in this Science, begin with that part of Arithmetick which we call Division, and by an example or two of the working thereof, explain the same to such as either shall be desirous to learn it, or such as shall desire to make use of the before-mention'd Tables.
Division abreviated in Calculations of Accounts.A certain Merchant then bought 46 Cloths, which cost him 673 l. and desireth by a brief way to know what one Cloth doth stand him in; To do which, I dispose of the question after the manner of the Rule of Three, and say, If 46 Clothes cost 673 l. how much doth one Cloth cost?
Now for as much as it would prove to be too dissicult, at first sight after the common manner, to find how often 46 the Divisor is found in 673, it will be more facile and commodious, to take it after their method thus, Take then the first figure, which is 4, and see how often the same is included in the figure 6, which is once, the which 1 I write then under the Divisor, drawing a line between them, and then multiply it by the whole Divisor 46, beginning at 6, saying once 6 is 6, and next coming to the sum that is to be divided 673, I chuse the second figure 7, from whence I take 6 and there remains one, which I place under the said 7, and returning again to the Divisor, I multiply 1 by 4, which giveth 4, which I deduct from the other figure 6, of the sum to be divided, and there remains 2, the which I write under the 6; so that 46 taken by this means out of 67, there remains 21, from whence I proceed and put this before the figure 3 remaining, which thereby makes 213, for the sum that now remains to be divided by 46, saying in 21, how many times 4? which cannot be but 4 times, for in taking 5 there will remain but 1, which with the following figure doth make 13, (the which number cannot pay 5 times 6, and for this cause I can take but 4,) multiplying the Divisor as at first, saying (beginning always by the last figure of the Divisor) 4 times 6 is 24, and taking the last figure 3 from the sum to be divided 213, the which for payment, of 24 I borrow 3 tens, which I bear in mind, and say 24 from 33 there rests 9, the which I place under the 3, and then come to multiply the other figure 4 of the divisor by 4, and it makes 16, which with 3 tens born in mind, makes 19, which must be deducted from the sum to be divided 21, so there will rest 2, the which I place under the 1; as by the Example appeareth more at large.
So that 673 l. divided by 46 Cloths, the quotient giveth 14 l. and the rest is 29 l. which now is to be divided by 46, which cannot be done, and therefore the same to be reduced to shillings, which multiplied by 20 come to 580 s. which must now be divided by 46, in the manner before shewed, saying, how many times 4 in 5? which is once, the which I write in the quotient at the side of 14 l. proceeding from the first division, multiplying it by 6, and it giveth 6, which taken from 8 the rest is 2, which I put under the 8, and multiply the other figure of the divisor 4 by 1, which giveth 4 taken from 5, there rests 1, then 46 substracted from 58 there rests 12, right with which I put the other figure 0, resting of the sum to be divided, and return to say, how many times 6 in 12, the which I can take but 2, and I place it in the quotient, and multiply it by the last figure of the divisor, saying 2 times 6 is 12, which I deduct from 120, the which to do, I say (borrowing 2 tens, which I bear in mind) 12 from 20 rests 8, which I place under the 0, and multiply the other figure of the Divisor 4 by, making 8 with the 2 born in mind, comes [Page 428]to be 10, taken from 12 there rests 2, so that 580 s. divided by 46, the product is 12 s. and there remaineth yet 28 s. which must be brought into pence, multiplied by 12, and it makes 336, the which must be divided by 46, saying in 33, how many times 4? which is 7 times, the which I place in the quotient by the shillings, multiplying 7 by 6, which makes 42 from 46, there rests 4, the which I place under the 6, and keep 4 in mind borrowed, adding them with 4 times 7, they make 32, which deducted from 33, there rests 1, the which I place under the 3, so that 336 divided by 46, the product giveth 7, and there rests 14 d. to divide, which is a thing of a small value.
So that if 46 pieces of Cloth cost 673 l. the one will cost 14 l. 12 s. 7 d. as may be seen by the Example here under wrought. [...]
Another Example.To shew the brevity of this manner of dividing, I will shew here another Example, which cannot without much difficulty be performed by the common manner of division in cancelling the figures. and yet is very easily and compendiously performed this way, by observing the order which is before prescribed, and therefore to avoid prolixity, I shall not need here to put down any particular Explication, the Example shall be thus then, to divide 19999100007 by 99999, which by the Product doth give 199993 without any Remainder, as shall appear by the working here underneath: [...]
Another method of dividing by the Rule of Practise. Division which is wrought by the Rule of Practise, is done in this manner by the help of the parts found therein, as for Example, if 72 pieces of Serges cost 169 l. 12 s. how much will the piece stand in, then dividing by 72, I find first the parts thereof; and observe that 8 times 9 makes 72, I take then the ⅛ of the sum to be divided, saying the eighth part of 16 is 2, which I place under a line drawn, and the ⅛ of 9 is 1, there remains one pound, which is 20 s. which, with the 12. makes 32, the ⅛ whereof is 4, so that the eighth of the said 169 l. 12 s. is 21 l. 4 s. of which number I take the 1/9 (which shall be the price of the piece) in this manner, saying, the 1/9 of 21 is 2, the rest is 3 l. which is 60 s. and with the 4 maketh 64 s. of which the 1/9 is 7, then there rests 1, which is 12 pence, and the 1/9 of 12 is 1, so that the ninth part of 21 l. 4 s. is 2 l. 7 s. 1 d. the price of the piece; as by this Example is shewed: [...]
Note, another Example.But when it happens that any broken numbers fall in the Divisor, the Divisor and the sun [...] to be divided, must then be reduced to one and the self same denominator; as for Example, If 13½ pieces should cost 264 l. 17 s. 6 d. what would the piece stand in? to do which I reduce into halfs the pieces 13½ multiplying the same by 2 making 27 halfs, doing the same with the sum to be divided, multiplying it by 2, which comes to be l. 529. 15, which to be divided by 27, must be considered that 3 times 9 is 27, therefore must be taken ⅓ and 1/9 of the said third in this manner, saying ⅓ of 5 is 1, of 22 is 7, and of 19 is 6, and there remains 1 l. which is 20 s. which with the 15 makes 35, the ⅓, of which is 11, and there rests 2 s. which are 24 d. [Page 429]the ⅓ whereof is 8, and afterward taking of the 1/9 the said ⅓ saying, the 1/9 of 17 is 1, and of 86 is 9, and there rests 5 l. which with the 11 s. is 111 s. the 1/9 whereof is 12, then rests 3 s. which with the 8 d. remaining is 44 d. the 1/9 whereof is 4, so that the product of the said 1/9 giveth 19 l. 12 s. 4 d. the value of the said piece, as by Example. [...]
Another.Again, at 34 l. 16 s. the 21⅓ yard, how much will the yard amount to? Do this as the preceding rule, putting the yard into thirds, in multiplying them by 3 they make 64 for divisor to 34 l. 16 also multiplyed by 3, which make 104 l. 8 s. which to divide by 64, is to be considered that 8 times 8 is 64, and therefore the 1/8 of an eight is the price of a yard, as Example. [...]
Many other divisions are resolved in the same manner as the preceding, which I willingly here omit, and refer them to the occurrences of Traffick that shall happen herein, and now I will proceed to Multiplication abreviated, by which two rules both the Golden Rule of Three, and many other in Arithmetick are wrought and performed, commodious and necessary to this Tract of Exchanges, and this Map of Commerce, as being indeed the proper rules, by which the Exchanges in this Book are cast up and calculated.
Multiplication abreviated.The method that hath been shewed in Division, may in some sort serve also in Multiplication in this manner, suppose you were to multiply 56 yards by 4 l. 18 s. 9 d. you must consider that 56 is composed of 7 times 8, and therefore you must multiply the said 4. 18. 9. by 7, and its product by 8, beginning with the pence, and saying 7 times 9 is 63, I write 3 pence, and retain 5 s. which I add with 7 times 8, which make 61, write then 1 and retain 6, which added to 1 time 7 makes 13, which is 6 l. 10 s. and following the common method of Addition, I put down one ten, and retain 6 l. which I add with 4 times 7, and they make 34 l. the which product I multiply again by 8, beginning to multiply by the pence which are with the pounds, and then by the s. calculating for 12 d. one s. and for 20 s. 1 pound, they then make 276 l. 10 s. for the value of 56 yards, as shall be more plainly demonstrated by this Example following [...]
[Page 430] Another Example.Many other questions may be answered as the abovesaid, but yet note, that to multiply by an uneven number, such as is 31, 43, and the like, then do in this manner, posito I demand at 5 l. 9 s. 3 d. the Yard what will 43 Yards come unto? Now for as much as 43, hath no dividable parts, I take 42, multiplying it by 6 and by 7, as hath been shewed, and for the Yard that doth remain, I add the last Multiplication 5 l. 9 s. 3 d. which is the cost of 1 Yard and it makes 23 l. 17. 9. d. the cost of 43 Yards, as may be observed by the following Example. [...]
Another Example.But when there is any broken number in the Yards or pieces, do thus by Example at l. 7. 14. 6 the piece what will 81½ cost? Then for 81 I multiply by 9 the cost of the piece, and its product again by 9, because that 9 times 9 is 81, and I find l. 625. 14. 6 for the value of the said 18 pieces; and for the ½ piece I take the ½ of 7 l. 14. 6 d. and adding it thereto, the same comes to be l. 629. 11. s. 9 d. and so much the 81½ cost. Example. [...]
Another way of Multipication abreviated.But for as much as this may seem difficult, I will here note another way of Multiplication abreviated, serving as well in Exchanges or in Merchandizing posito; I would know what comes 154 Yards unto, at 56 shillings the Yard: To do this, multiply the said Yards, by the half of the said money, which is 28 s and in adding its product, double the last figure, taking that for so many s. and the rest for pounds, as doth appear by this Example following, which I add in this manner, saying, 2. 4. and 9 makes 15, and after the ordinary manner, you must set down 5, and bear 1 ten; but in this method, you must double it, setting down 10 for 5; the which doubled, you must hold as so many shillings, and so proceed in the addition of the rest, and adding the tenth born of 15, it will come to l. 431. 4. s the value of 154 Yards; and this note is to be observed in all other questions of this nature, as by example doth appear. [...]
Another way of abreviated Multiplication.There is yet another brief way of Multiplication, used in France and many parts beyond the Seas, which is done by taking the parts of 10 or of 100 in this manner, I would multiply 113 Yards by 1¼, I note what part 1¼ is in 10, and find it to be ⅛ therefore is 113 Yards to be multiplyed by 10, or else more brief by adding an o, and in taking the ⅛, which shall be the value of the said 113 Yards, and for to multiply by 1⅔ you must take the ⅙ of the sum to be multiplyed, after you have [Page 431]added thereunto an 0 because that 1 [...]/ [...] is the ⅙ of 10, and for to multiply by 3⅓ you must add an 0 and take ⅓, because that 3⅓ is the ⅓ of 10, and so in many others, in taking always the parts of 10; and note, that the same may be done in taking the parts of 100, as to multiply 137 Yards by 8⅓, you must add two 00 to the sum, then take 1/12 because that 8⅓ is the 2/12 part of 100, and for to multiply by 12½, you must add two 00 and take the ⅛, because that the [...] of 100 is 12½, as may be seen by these following Examples. [...]
Another Example.Again, at 3 s. the pound, what will the 100 l. come to? to do this in brief, a cypher is to be added to the cost of the pound which is 3 s. and it makes 30, of which sum take the ½ and it makes 15 l. which makes the cost of the hundred, and so for others by these Examples following. [...]
Another.Again, at 3 d. the pound, I would know how much 100 l. comes to? multiply the pence (which the pound is worth) by 5, and out of its product take 1/12 which shall be the cost of the quintal; and to find the cost of the pound, you must multiply the value of the hundred by 12, and the ⅕ of the product is the cost of the pound, as followeth by these Examples. [...]
But I have wandered too far, and proceeded farther in this subject than I intended, therefore here will conclude both the calcuations of Exchanges, and these methods of abreviating the rules of Division and Multiplication, referring what is here by me omitted in both the said subjects to the ingenious hand and head of the mysterious Exchanger.
An Alphabetical Table, comprehending the most Notable Things contained in this Merchants Map of Commerce.
- AFRICA bounded with longitude and latitude, 1
- Asia bounded with its longitude and latitude, ibid.
- America bounded, its longitude and latitude, ibid.
- Art of Merchandizing, and the general parts thereof, 2
- A Merchant should know the form of Acquittances, Letters of Atturny, of Account-keeping, and Arithmetick, ibid.
- To Abbreviate the labour of Weighing, 6
- How to Accord the weights of any two places, ibid.
- Of Accounts and Account-keepings, 7
- Accounts kept diversly in divers Cities and Countreys, ibid.
- The method used in Accounts is divers, ibid.
- Four rules required in an Account, ibid.
- Artificial commodities, what, 9
- America, and the Provinces thereof, 11
- Andalusia nova, 13
- Africa and the Provinces, 14
- Argier and the Trade thereof, comaining the Commodities, coins, weights, measures, accounts and customs thereof, 10
- Aian and the Commodities thereof, 27
- Alexandria, 28, and the Trade of the commodities, weights, measures, 30
- Asia and the Provinces thereof, 40
- Anatolia or Natolia, 41
- Alexandretta, Scanderone, 42
- Angora, with weights and measures, 50
- Amasia, 51
- Armenia and the Cities, Chap. 67, & 52.
- Mount Ararat, ibid.
- Acria and the Trade thereof, 56 Containing weights, measures, and Coins, ibid.
- Amano, and the Trade thereof, 58
- Aleppo and the Trade thereof, cont aining commodities, weights, coins, measures, accounts, customs thereof, &c. 63
- Arabia and the Provinces thereof, 68
- Assyria and the Cities thereof, 69
- Aden and the Trade thereof, 71
- Astracan and the Trade thereof, containing the weights, measures thereof, &c. 85
- Aracan and Ava, 88, 95
- Agria, 90
- Amadavar, ibid.
- Adam's hills the Paradise of Siloners, 102
- Amboina Islands, 103
- Achin and the Trade thereof, 105
- Andalusia, 112
- Alicant and the Trade thereof, containing coins, accounts, weights, measures, &c. 115
- Alcala, ibid.
- Aragon, 119
- Aquitania, 122
- Anjou, 125
- Avergno, 127
- Avignon, 131
- Abruzzo, 139
- Apulia and the Trade thereof, 141
- Anco and the Trade thereof, 149
- Aste a great Mart, 168
- Antwerp and the Trade thereof, 179
- Artois, ibid.
- Arras, ibid.
- Amsterdam and the Trade thereof, 180
- Albis River in Germany, 182
- Alsatia, 185
- Anspache, 186
- Ausburge, and the Trade thereof, 194
- Austria, ibid.
- Amber, 209
- Archangel in Moscovia, 220
- Avalona or Valona, and the Trade thereof, 243
- Argos in Morea, 245
- Arcadian Plains, ibid.
- Achaia, 246
- Athens, ibid.
- Albania and the Cities thereof, 246
- Mount Athos, the holy Mountain, ibid.
- Adrianopolis, ibid.
- Adriatick Islands 254
- Anglesey Island, 269 & 262
- Merchant Adventures, their original and places of residency in London, 267
- Antwerp Exchanges 289
- Alcala Exchanges, 294
- Augusta Exchanges 298
- Custom of Acceptations of Bills of Exchanges in Lions, 302
- Account of Discounts, and the manner thereof, used as well in Lions as in many other places of Trade, 305
- Account-keeping in Lions, how, 307
- Aggio of moneys practised in the payment of Bills of Exchanges in Rome, 340
- Examples of Exchanges practised in Antwerp, and how calculated, 435
- Exchanges of Antwerp with Lions, 436
- Of Antwerp with Placentia, 437
- Of Antwerp with Florence, 438
- Of Antwerp with Venice, 439
- Of Antwerp with London, 440
- Of Terms of Payment of Bills of Exchanges in Antwerp, 441
- Orders and Commissions given and received in Exchanges at Antwerp. 442
- BArtering in use of old, 2
- Bargaining, ibid.
- Things considerable in Bartering, ibid.
- Things considerable in Bargaining, ibid.
- A Merchant ought to know the form of a Bill of Exchange, ibid.
- Of Bills of lading, ibid.
- Of Bills of debt, ibid.
- The Burse or Exchange, 3
- [Page]The Book of Rates of Customs, 4
- Bartering and Exchanging before the use of Gold and Silver, 5
- Brasilia, 13
- Barbada Island, ibid.
- Barmuda, or Summer Islands, ibid.
- Barbary, 14
- Barbary Merchants, 23
- Borneo, 25
- Boro, 27
- Bithinia, and the Cities thereof, 47
- Brusia in Bithinia, the Trade, commodities, coins, weights, measures and customs thereof, 48
- Baruti, with the Trade, of the coins, measures, weights thereof, 59
- Babylon and the Trade, containing the weights and measures, &c. thereof, 72
- Balsara and the Trade thereof, containing the customs, commodities, weights and measures, 77
- Bindamir, 79
- Balasia, 88
- Bengala, ibid.
- Barma. ibid.
- Boroche and the Trade thereof, 90
- Bassain, 92
- Bengala, and the Trade of that coast, 94
- Banda, and Islands of Moluccos, 103
- Batavia olim Jacetra, 104
- Bantam, and the Trade thereof, ibid.
- Borneo Island, and the Trade thereof, 106
- Beniermasa, an English Factory, ibid.
- Baiona and Biscay, 114
- Barselona and the Trade thereof, 119
- Burdeaux and the Trade thereof, 124
- Brittany, 125
- Burbon, 127
- Berry and la Beuse, ibid.
- Burges and Beauvois, ibid.
- Beaucarre, 129
- Burgundy, 132
- Bresse. ibid.
- Bisanson, ibid.
- Bolonia, and the Trade thereof, 143
- Bressia and the Trade thereof, 155
- Brussels, 178
- Breda, ibid.
- Bruges, 179
- Breme, the Trade thereof, 184
- Baccrai, 186
- Baden, ibid.
- Bainsberge, ibid.
- Basil and the Trade thereof, 193
- Bavaria, 194
- Bohemia, 195
- Brandenburge, 196
- Brunswick and the Trade thereof 200
- Beer of Lubeck famous, 205
- Baltick Islands, 210
- Bornholm, ibid.
- Blesida, ibid.
- Bergen, one of the 4 ancient Mart Towns of Europe, 216
- Bodia in Sweden, 217
- Buda in Hungary, 234
- Bulgaria, 235
- Bosna, ibid.
- Beaumares in Anglesey, 262
- Britain and the Provinces, 268
- Barkshire, 269
- Buckinghamshire, ibid.
- Bedfordshire, ibid.
- Barwick, ibid.
- Brecknockshire, ibid.
- Beauty of England, ibid.
- Barbary Merchants of London, their original and decay, 270
- Barry Exchanges, 286
- Barselona Exchanges, 293
- Bolonia Exchanges, 296
- Bergamo Exchanges, 297
- Bilan, what, 302
- Examples upon Exchanges practised in Barselona, and how calculated, 426
- Exchanges of Barselona with Lions, 427
- Exchanges of Barselona with Placentia, 428
- Exchanges of Barselona with Saragosa, 429
- Of Barselona with Valentia, 430
- Of Barselona with Sevil, 431
- Of Barselona with Lisbon, 432
- Of Orders and Commissions given and received in draughts and remittances in Exchanges made in Barselona, 433
- Terms of Payment of Bills of Exchanges in Barselona, 434
- The Commodity of the knowledge of Geography to Merchants, 1
- Cancer and Capricorn Tropicks, ibid.
- Commutations distinguish'd into three manners, 2
- A Merchant should know the form of all Charter-parties, ibid.
- Cities and Towns eminent in Trade, only mentioned in this Map, 3
- Six parts required in a compleat City and Town, ibid.
- What Cities are found sit for Traffick and Commerce, ibid.
- Two sorts of Cities of Traffick, ibid.
- Sea Cities of Trade, what, ibid.
- Land Cities of Trade, what, ibid.
- Cities of Trade in manual Arts, ibid.
- The Cities of Trade mentioned in this Map of Commerce, ibid.
- Five places in a City depending upon Trade, ibid.
- The Custom-house, ibid.
- The Customs, Impositions, and other duties paid by Merchants upon Goods, 4
- Customs not always alike in all places, ibid.
- Customs due upon all commodities, ibid.
- Customs differing in regard of times, of places, of Cities, of Commodities, and of weight, ibid.
- Coins of sundry Countries used in Traffick of Merchandizing, 5
- Coins made of Silver and Gold, ibid.
- A Capital crime to debase or alter any Princes Coin, ibid.
- Cargos in weight, what 6
- Cain the Inventer of Weights and Measures, 8
- All Cities of Trade have sworn and publick measures, ibid.
- Of Commodities used in Merchandizing, and the knowledge thereof, 9
- All Commodities are either natural or artificial. ibid.
- All Commodities known by the Sensce, ibid.
- All Coins brought into one by [Page]exchanging, 10
- Castella aurea, 13
- Chilo, ibid.
- Cuba, ibid.
- Caffaria, 27
- Cape bona speransa, ibid.
- Carro, 29. and the Trade thereof, 31
- Casir in the red Sea, 29
- Captus, ibid.
- Caffa in the Euxine Sea, ibid.
- Cilicia and the Cities thereof, 42
- Colloso, 46
- Cappadocia and the Cities thereof, 51
- Celosyria and the Cities thereof, 61
- Colcos, 67
- Caldea and the Cities thereof, 69
- Cabin and the Trade thereof, 76
- Cusestam, 77
- Cusan and the Trade thereof, 78
- Caramania, ibid.
- Carriage of Commodities by Caravans, 81
- Capha and the Trade thereof, containing the Coins, Weights, Measures, and Accounts thereof, 85
- Cathay and the Provinces, 86
- Cambalu and the Trade thereof, 87
- Cannor 88. and the Trade, 92
- Cambaia, 88
- Canora, ibid.
- Camboia, ibid.
- Cauchinchina, ibid.
- Cambaia and the Trade thereof, 90
- Chaul and the Trade thereof, 92
- Cochin and the Trade thereof, ibid.
- Calicut and the Trade thereof, ibid.
- Coast of Cormandle, and the Trade thereof, 93
- Custom in India for debtors, 94
- China and the Provinces thereof, 98
- Commodities of China, ibid.
- Cloves in abundance in Molluccos, 103
- Celebs Island, and the Trade thereof, containing Coins, Weights, &c. thereof, 107
- Cyprus and the Trade thereof, containing Commodities, Coins, Weights, Measures, 108
- Cartagena, 114
- Castilia and the Trade thereof, containing Exchanges, Coins, Weights, Measures, 116
- Catalonia, 118
- Callais and the Trade thereof, 132
- Champaign, ibid.
- Callabria and the Trade thereof, 140
- Crema and the Trade thereof, 157
- Cremona and the Trade thereof, 166
- Como and the Trade thereof, 167
- Cambray, 179
- Charlemont, ibid,
- Collen and the rade thereof, 185
- Cleveland, ibid.
- Coins in general of Germany, 206
- Coins of Stoad, Hamburg, and Lubeck, ibid.
- Coins of Embden, Breme, Edenburg, Brunswick, Mainburg, Lipsick, Ʋpper Germany, Bohemia, Switzerland, ibid.
- Copenhagen, 210. and the Trade thereof, 211
- Candroa in Moscovia, 219
- Cracovia and the Trade thereof, 223
- Coninburg and the Trade thereof, 226
- Corn-measures of Eastland, reduced to that of sundry other Countreys, 231
- Croatia, 236
- Corono and the Trade thereof, 239
- Catarro and the Trade thereof, 240
- Caranto, anciently Corinth a samous Mart in Morea, 245
- Constantinople, and the Trade thereof, 247
- Coos Island, 249
- C [...]ia Island, and the Trade thereof, 251
- Cerigo Island, ibid.
- Cursolari Islands, ibid.
- Corfu Island and the Trade thereof, 235
- Corsica Island, 258
- Callary and the Trade thereof, 259
- Capre Island, 261
- Cadis or Gades, ibid.
- Conaught in Ireland, 263
- Four Circuits in Wales, 268
- Cornwal, 269
- Cambridgshire, ibid.
- Cheshire, ibid.
- Cumberland, ibid.
- Canarvanshire, ibid.
- Cardiganshire, ibid.
- Caermarthenshire, ibid.
- Six Circuits in England, ibid.
- Cities of Exchanges in Europe, 273
- Collen Exchanges, 290
- The Captain of Mosambick, the greatest Merchant of that Coast. 28
- DEscription of Countries conduceth to the description of Cities 1
- Division of the World into four parts, ibid.
- Distance of places how found out, ibid.
- Duty of building a Ship belonging to the Shipwright, 2
- Duty of Ships provision belonging to Owners and Out-readers, ibid.
- Duty of sailing a Ship belonging to Navigators, ibid.
- Duty of Imploying of Ships belonging to Merchants, ibid.
- Denarius how called, 5
- The best way of Accounts is by Debtor and Creditor, 7
- Divers Countreys have a diversity in their measures 8
- Decaying Commodities, what, 9
- Damietta, 29
- Damascus and the Trade, containing the Coins, Weights, Measures, Commodities thereof, &c. 62
- Derbent, 73
- Dellia, 88
- Dieu, and the Trade thereof, and of that Coast, and the Commodities, 89
- Damain in India, 92
- Customs in India for Debtors, 94
- The Dutch Forts and Trade in Amboina Islands 103
- Denia and the Trade thereof, 118
- Dolphine, 127
- Duke of Florence a great Merchant, 159
- Dry measures of several Cities [Page]in the Levant Seas compared, 161
- Dukedom of Millan, 164
- Dunkirk, 179
- Doway, ibid.
- Delph, ibid.
- Dort, ibid.
- Danubius River, 182
- Dresden, and the trade thereof, 199
- Denmark, and the Provinces, 210
- Dithmar in Denmark, ibid.
- Dantsick, and the trade thereof, 224
- Dacia, and the Cities thereof, 235
- Dalmatia, 236
- Delos or Delphos, 249
- Dublin the Metropolis of Ireland, and the Trade thereof, 264
- Four Dioceses in Wales, 268
- Devonshire, 269
- Dorsetshire, ibid.
- Darby-shire, ibid.
- Durham, ibid.
- Denbighshire, ibid.
- Declaration of The Table of Exchanges, 274
- Double Ʋsance what, 299
- Account of Discounts used in Lions, and elsewhere, 305
- Days and Nights differ according to the Latitude, 1
- Aequinoctial what, 1
- Europe and its bounds, Latitude and Longitude, ibid.
- Eclipse of the Sun and Moon when seen, ibid.
- Exchanging the third manner of Commutation, 2
- Exchanging drawn into a profitable Art, and the reasons thereof, ibid.
- Things considerable in Exchanging, ibid.
- Esterlin moneys in England, 5
- Of Exchanges in general used by Merchants, 10
- The Excellency of a Bill of Exchange, ibid.
- The Exchanger rectifieth the disorders of Mints, and the necessity of Prices, ibid.
- Estotiland, 12
- Aethiopia, and the Provinces, 26
- Elephants Teeth, 27
- Aegypt and the Provinces, 29
- The Trade of Aegypt in times past, ibid.
- Aegypt weights compared with others, 34
- Euphesus 44
- Eolis, the first Merchants, 46
- Ephrates, 54
- Three Excellencies in Casbin, 76
- Exendu, and the largeness thereof, 87
- The English the last Traders into India, 107
- English Consul at Cyprus, 108
- Europe, and the Kingdoms thereof, 110
- Escurial, 115
- English subjection at Blois upon the River of Gerond, 124
- English Hall in Rouen for Wool, 126
- East-Frisland, 182
- Embden and the trade thereof, 183
- Elsmore and the Trade thereof, 212
- Elbin and the Trade thereof, 225
- Epidaurus, 245
- Epirus, 246
- The English the greatest Traders of any Christians into Constantinople, 247
- Mount Aetna in Sicilia, 256
- Elba Island, 261
- Edenburgh and the Trade thereof, 266
- Essex, 269
- East-India Merchants of London their original, 270
- Eastland Merchants their original, ibid.
- Of Exchanges in general, with the method and manner thereof, as practised in Christendom, 273
- Exchanging places, ibid.
- What Exchanges are, &c. ibid.
- Declaration of the Table of Exchanges, 274
- Of the Exchanges of Placentia, 276
- The Exchanges of Lions, Paris, 277
- The Exchanges of Rome, 278
- The Exchanges of Genoa, 279
- Exchanges of Millan, 280
- Exchanges of Venice, 281
- Exchanges of Florence, 282
- Exchanges of Lucca, 283
- Exchanges of Naples, 284
- Exchanges of Leccy, 285
- Exchanges of Barry, 286
- Exchanges of Palermo, 287
- Exchanges of Mesina, 288
- Exchanges of Antwerp and Collen, 289
- Exchanges of London, 290
- Exchanges of Valentia, 291
- Exchanges of Saragosa, 292
- Exchanges of Barselona, 293
- Exchanges of Sevil, Alcala, Medina del campo in Castilia, 294
- Exchanges of Lisbon, 295
- Exchanges of Bolonia, 296
- Exchanges of Bergamo, 297
- Exchanges of Frankfort, Norimberg, Augusta, Vienna, 298
- How the Rates and Prices in Exchanges are setled amongst Merchants, 300
- Of Examples upon Exchanges practised at Lions, and how the same are calculated, 302
- Examples of the Exchanges of Lions with the profit of the presits thereof, as interest upon interest, 304
- Certain and incertain prices in Exchanges, what, 323
- Examples of Exchanges in Rome and how the same are calculated, 325
- Examples of Exchanges in Naples, and how the same are calculated, 342
- Examples of Exchanges in Genoa, and how the same are calculated, 360
- Examples of Exchanges practised in Venice, and how to be calculated, 368
- Examples of Exchanges practised in Placentia, and how calculated, 382
- Questions of Exchanges in Placentia, 399
- Examples of Exchanges practised in Florence, and how calculated, 400
- Exchanges practised at Millan, and how the same are to be calculated, 410
- Exchanges practised at Palermo and Mesina, and how to be calculated, 419
- Exchanges of Barselona, Sevil, Lisbon, Valentia and Saragosa, and how the same is calculated, 426
- Examples of Exchanges practised in Antwerp, and how [Page]calculated, 435
- Examples of Exchanges practised in London, and how calculated, 443
- The Excellency of the Palm Tree, 30
- FLorida, 12
- Fishing in New-foundland, ibid.
- Fess and the Provinces thereof, 20
- The City of Fess, with the commodities, moneys, weights, measures, and customs thereof, 21
- The manner of farming the Pepper in India by the Portuguese, 92
- The Fortune of Siam and Pegu, 96
- Firando and the Trade thereof, 101
- France and the Provinces thereof, 122
- French not addicted to Trade, 127
- Foreign Weights compared with the Weights of Lions, 129
- Farara and the Trade thereof, 144
- Florence, and the Cities of that Dukedom, 159
- Florence, and the Trade of that City, 160
- Flushing, 180
- Franconia, 186
- Francfort and the Trade thereof, 191
- Fountain of Salt in Limburg, 201
- Friburg and the Trade thereof, 202
- Fionia, 210
- Fincria, ibid.
- Finmark, 216
- Finland in Siden, 217
- The French Nation the Third eminent Traders into Turky, 247
- Fromentary, 261
- Frisland, 262
- Flint, 269
- French Merchants of London, their original, 270
- Florence Exchanges, 282
- Francford Exchanges, 298
- Fairs and Marts, what, 299
- Fairs in Lions when, 324
- Examples of Exchanges used in Florence, and how calculated, 400
- Exchanges of Florence with Lions, 401
- Of Florence with Placentia, 402
- Of Florence with Venice, 403
- Of Florence with Rome, 404
- Of Florence with Naples, 405
- Of Florence with Antwerp, 406
- To reduce Crown of 7 Livers in Florence to Crown of Gold of 7½ l. 407
- Terms of payment of Bills of Exchange in Florence, 408
- Orders and Commissions in Exchanges practised in Florence, 409
- GEography dilightful, profitable, and necessary to Merchants, 1
- Geography demonstrated in Maps and Sea-cards, ibid.
- Gold and Silver the most excellent of Metals, 5
- Nova Granada, 13
- Guiana, ibid.
- Goaga, 25
- Genin and Benin, and their Trade, with their customs, coins, weights, measures, and manner of accounting, ibid.
- Gordion, 46
- Gallacia, and the Cities thereof, 50
- Grogram Trade, ibid.
- Galelia, 66
- Gasa and the Trade thereof, 66
- Georgia, 67
- Gedrosia, 78
- Gombrone and the Trade thereof, 80
- Ganges the famous River, 88
- Goa and the Trade thereof, containing the commodities, coins, weights, and measures, 91
- The greatness of China, 98
- Granado and the Trade thereof, 113
- Geneva and the Trade thereof, 136
- Genoa and the Trade thereof, 174
- Guelderland, 178
- Gante, 179
- Graveling, ibid.
- Groining 180
- Germany, and the Provinces thereof, 182
- Grats, 194
- Gorlits, 195
- Germany accounts and coyns, 206
- Gothland in Sweden, 217
- Grecia and the Provinces thereof, 238
- Galipolis or Calipolis, 246
- Gallata, 247
- The Government of the Trade of the English into Constantinople, ibid.
- Groanland, 262
- Garnsey Island, ibid.
- Glocestershire, 269
- Glamorganshire, ibid.
- Greenland Merchants of London their original, 270
- Genoa Exchanges, 279
- Genoa Exchanges, and how calculated, 360
- Exchanges of Genoa with Placentia, 361
- To reduce Livers of current money into Livers of Gold in Genoa, ibid.
- Exchanges of Genoa with Lions, 362
- Of Genoa with Millan, 363
- Of Genoa with Venice, 364
- Of Genoa with Naples, 365
- Orders and Commissions in Genoa, 366
- Terms of payment of Bills of Exchange in Genoa, 367
- Galetta in Tunes, 15
- Granatins or Moro francos, ibid.
- HUndred weights what, 6
- Hispaniola, 13
- Hispahan and the Trade thereof, containing the commodities, coins, accounts, weights, measures thereof, and Persia, 81
- The Hollanders the second Traders into India, 107
- Holland, 179
- Henalt, ibid.
- Harlem, ibid.
- Hans-Towns in Germany, 182
- Hidleberg, and the Trade thereof, 189
- Helvetia, 191
- Hasia, 201
- Hamburg and the Trade thereof, 204
- Holfatia, 210
- Hungaria and the Cities thereof, 234
- [Page]The Hollanders the least Traders into Turkey, of the Western Christians, 246
- Mount Hibla in Sicilia, 256
- Hebrides Isles, 262
- Hampshire, 269
- Hartfordshire, ibid.
- Huntingtonshire, ibid.
- Herefordshire, ibid.
- Half Ʋsance, what, ibid.
- A Merchant should know the form of Intimations and Protests, 2
- Impositions upon Goods, 4
- An Instrument to find out the argreement of measures in any two Cities or Places, 8
- Jucatan, 12
- Isles of Salomon, 13
- Isles of Baccalos, ibid.
- Island of Beriquen, ibid.
- Jamaica, ibid.
- Island St. Thomas, 37
- Islands Canaries, and the Trade thereof, 38
- Island Tarceras, or Asores, 39
- Ionia and the Cities thereof, 44
- Jordan the River, 65
- Idumea, ibid.
- Judea, ibid.
- Jerico, 66
- Jerusalem, ibid.
- Jasques in Persia, 80
- India and the Provinces thereof, 88
- Islands of Asia, and their Trade, 100
- Islands of Japan and their Trade, containing their coyns, weights, measures, &c. 101
- Island of Silon, and the Trade, 102
- Inhabitants of Silon excellent and rare Tumblers and Morisdancers, ibid.
- Islands of Moluccos, and the Trade, 103
- Islands of Java, and the Trade, 104
- Jacetra baptized Batavia, ibid.
- Japarra and the Trade thereof, ibid.
- Jambe and the Trade thereof, 105
- Isle of France, 126
- Italy and the Provinces thereof, 137
- Imperial Towns in Germany, 202
- Juitland in Denmark, 210
- Julin an ancient Mart, 229
- Illyria, 236
- The Trade of the Islands seated in the Ionian, Egron, Mediterranean and Adriatick Sea, 248
- Ithecca and the Trade thereof, 252
- Ivisa Island and the Trade thereof, 261
- Iscia Islands, ibid.
- Island, 262
- Jarsey Island ibid.
- Ireland and the Trade thereof, 269
- Ingland and the Cities thereof, 269
- Levant Merchants of London, their original and splendour, 270
- Ignorant Exchangers censure the judicious, if varying from the custom of Exchanging, 273
- Dates of Exchanges in Lions, which may serve for the rate of Interest in any other place, 303
- Interest paid upon Rebate, 304
- The King's Beam or Weighhouse, 3
- How a Merchant may have a knowledge in all Commodities, 9
- The Kingdoms now in subjection to the Grand Seignior, 67
- Kent, 26
- Kings of Portugal great Merchants into India, 28
- Latitude how accounted, 1
- The Longitude of a place how to be found out, ibid.
- The Latitude of a place how to be found, ibid.
- Latitude and Longitude found out by the Meridians, ibid.
- Lucay Islands, 13
- Lybia and the Provinces, 24
- Lydia, 46
- Liconia and the Cities, 52
- Lahoare, 90
- Lawibander, ibid.
- Lisbon and the Trade thereof, containing coyns, weights, measures, and customs of Portugal, 117
- Locrams, 125
- Limosin, 127
- Lions and the Trade thereof, 128
- Languedoc, 129
- Lorrain, 132
- Loretta, 147
- Leghorn and the Trade thereof, 173
- Lucca and the Trade thereof, 175
- Limburge, 178
- Liege, ibid.
- Luxenburg, ibid.
- Lovain, ibid.
- Lisle, 179
- Leiden, ibid.
- Lipsick and the Trade thereof, 197
- Luneburg and the Trade thereof, 201
- Lubeck and the Trade thereof, 205
- Lappia in Swethland, 218
- Livonia, 222
- Lituania, ibid.
- Larta and the Trade thereof, 244
- Lepanto and the Trade thereof, 245
- Lemnos, 248
- Lesbos, 249
- Lipar Island, 261
- Lemster in Ireland, 263
- Liecestershire, ibid.
- Lincolnshire, ibid.
- Lancashire, ibid.
- London and the Trade thereof, 270
- Liberty of Exchanging, 273
- The Exchanges of Lions, 277
- Lucca Exchanges, 283
- Leccy Exchanges, 285
- London Exchanges, 290
- Lisbon Exchanges, 295
- Examples upon Exchanges in Lions, and how calculated, 302
- Customs of acceptions of Bills of Exchanges in Lions, ibid.
- The price of Exchanges settled in Lions for succeeding Fairs, ib.
- Recounters in Lions, what, ibid.
- Rules of casting up the Exchanges made in Lions, ibid.
- Rates of Exchanges in Lions, which may serve for the rates of interest in many other places, 303
- The reason and benefit of the Rules of Exchanges in Lions, ibid.
- Examples of the Exchanges of Lions, with the profit of the [Page]profits thereof, 304
- Accounts of disaccounts in Lions in many other places, 305
- Exchanges of Lions with Rome, 307
- Exchanges of Lions with Florence, 308
- Exchanges of Lions with Lucca, 309
- Exchanges of Lions with Naples, 310
- Exchanges of Lions with Palermo, 311
- Exchanges of Lions with Genoa, 312
- Exchanges of Lions with Millan, 313
- Exchanges of Lions with Venice, 314
- Exchanges of Lions with Bolonia, 315
- Exchanges of Lions with Placentia, 316
- Exchanges of Lions with Antwerp, 317
- Exchanges of Lions with London, 318
- Exchanges of Lions with Francfort, 319
- Exchanges of Lions with Sevil, 320
- Exchanges of Lions with Lisbon, 321
- Exchanges of Lions with Barselona, 322
- Orders and Commissions for Exchange in Lions, 323
- The Fairs of Lions, 324
- Exchanges of Lisbon, 426
- Examples of Exchanges practised in London, and how calculated, 443
- Exchanges of London with Lions, 444
- Exchanges of London with Florence, 445
- Exchanges of London with Venice, 446
- Of London with Antwerp, 447
- Orders and Commissions in draughts and remittances in Exchanges in London, 448
- Terms of payments of Bills of Exchanges in London, 449
- MErchandising the first School of the present government of many Countreys, 1
- The use of Maps and Sea-Cards in general, ibid.
- Meridian, what, ibid.
- Meridians and their use, ibid.
- Merchandising accounted an Art, 2
- The materials of Merchandising are Commodities and Moneys, ibid.
- The duty of Merchants, ibid.
- A Merchant ought to know 1. the Form of a Bill of Exchange, 2. of all Intimations and Protests, 3. of Charter-parties, 4. Bills of lading, 5. Policies of Assurance, 6. of Bills of Debt, 7. of a Release, 8. of Letters of Atturney, 9, of Account-keeping, and 10. Arithmetick, ibid.
- The Merchant's purse and person supplies many defects in a City, 3
- Magazines for commodities, ibid
- Met-house, ibid.
- Merchants must learn what customs are, and duly pay them, 4
- Moneys of Leather in Saint Dominico, 5
- Moneys of Shells in Tombuto, ibid.
- Moneys of Iron in Massa, ibid.
- Moneys of Lumaches in Congo, ibid.
- Moneys of Glass in Melinda, ibid.
- Moneys of Salt and Paper in Cathay, ibid.
- Moneys of Gansa in Pegu, ibid.
- Moneys of Almonds in Bengala, ibid.
- Moneys of dead mens Sculls in Sumatra, ibid.
- Moneys of Pepper and Cocos in India, ibid.
- Moneys called by three several names, ibid.
- Moneta, what, and how called, ibid.
- The Merchant must be versed in all weights, 6
- Of Measures in general, 8
- False Measures are punishable by the Magistrate, ibid.
- Measures of solid Bodies, of dry and liquid Commodities, ibid.
- All Measures to the Merchant must be as one measure, ibid.
- A Merchant must be seen in all Commodities, and in all Trades, 9
- A Merchant must know the value of all Commodities, ibid.
- A Merchant must reduce the knowledge of commodities to a profitable end, ibid.
- Merchants should know how to preserve all commodities, ibid.
- Merchants should know how to better their commodities, ibid.
- The Mystery of Exchange reduced to profitable principles, 10
- Mexicana and the Provinces, 12
- Mexico and the commodities, ibid.
- Manoa the Golden City, 13
- Margarita, ibid.
- Kingdom of Morocco, 22
- City of Morocco with the Trade containing the commodities, coins, weights, measures, and customs thereof, 23
- Mosambique, and the Trade thereof, containing coins, weights, measures and commodities thereof, 28
- Monomotapa, 27
- Manica, ibid
- Manicongo, ibid.
- Merchants of six sorts in Cairo, 31
- Madagascar, otherwise Saint Laurence, 35
- Midium, 46
- Medina Talnabni and Mecha, 68
- Mesopotamia and the Cities, 69
- Mocha and the Trade, containing the coins, weights, measures thereof, 70
- Media and the Cities thereof, ibid.
- Mallavar, Chap: 88. and the Trade of that Coast, 92
- Mandoa, ibid.
- Macin, ibid.
- The Merchants that in general are found to traffick in India, ibid.
- Musulapatam, and the Trade of the coast of Cormandil, with the coins, weights, measures of that place and coast, 93
- Maccau in China, 95
- Mallaca and the Trade thereof, as the weights, measures, coins &c. thereof, 97
- Moonsons at Mallaca, ibid.
- Maccau and the Trade thereof, [Page]containing the commodities, coins, weights, &c. thereof, 99
- Macasser and the Trade thereof, containing weights, measures, coins, &c. 107
- Malaga and the Trade thereof, containing coins, customs, weights, measures, 114
- Murcia, ibid.
- Madrid, 115
- Measures of Spain reduced to the English Yard of London, 120
- Main, 125
- St. Mallos and Morlais in Britanny, ibid.
- Moneys lately inhansed in France, 127
- Molins, ibid.
- Mart of Lions formerly in Geneva, 128
- Marselia and the Trade thereof, 131
- Modena and the Trade thereof, 145
- Millan and the Trade thereof, 165
- Mantona and the Trade thereof, 168
- Mirandola and the Trade thereof, 172
- Mastricht, 178
- Marquisate, ibid.
- Middleburge, 180
- Maclin, ibid.
- Measures of the Netherlands reduced to the measures of London, ibid.
- Mentz, 186
- Meclinburge, 196
- Measures of Germany reduced to London, 208
- Measures of Denmark to London, 214
- Moscovia and the Provinces, 219
- Mosco and the Trade thereof, 220
- Massovia, 222
- Moldavia, 235
- Modona and the Trade thereof, 239
- Morea and the Trade thereof, ibid.
- Misene in Morea, 245
- Marathron, 256
- Megara, ibid.
- Macedonia, ibid.
- Migdonia, ibid.
- Mastique, 248
- Mesina and the Trade thereof, 257
- Malta Island, ibid.
- Majorque and Minorque, and the Trade thereof, 260
- Man Island, 262
- Munster in Ireland, 263
- Meth in Ireland, ibid.
- Middlesex, 269
- Mcrionethshire, ibid.
- Mountgomeryshire, ibid.
- Monmouthshire, ibid.
- Merchants Adventurers of London, their Original, and places of residence, 270
- Moscovia Merchants of London, their Original, ibid.
- Measures used in England, 272
- Manner of Exchanging, 273
- Millan Exchanges, 280
- Mesina Exchanges, 288
- Medina del Campo Exchanges 294
- Exchanges practised at Millan, and how the same are calculated 410
- Exchanges of Millan with Lions, 411
- Of Millan with Placentia, 412
- Of Millan with Venice, 413
- Of Millan with Rome, 414
- Of Millan with Naples, 415
- Of Millan with Genoa, 416
- Terms of Payments of Bills of Exchanges in Millan, 417
- Orders and Commissions given and received in Exchanges in Millan, 418
- Exchanges of Mesina and Palermo, 419
- THe duty of Navigators, 2
- Nummos, what, 5
- Natural commodities, what, 9
- The Necessity and commodiousness of Exchanges, 10
- Nicaragua, 12
- Norumbega, ibid.
- Nova Francia, ibid.
- Nombre de dios, 13
- Numidia and the Provinces, 24
- Negrita and the Trade thereof, 25
- Navigation to India, 21
- Nilus River, 29
- Narsinga, 88
- Nanquin, 98
- Normandy, 125
- Nevers, 127
- Naples and the Cities therein, 138
- Naples and the Trade thereof, 139
- Nemingen, 178
- Newport, 179
- Namurce, ibid.
- Normbierg, 186
- And the Trade thereof, 190
- Northgoia, 195
- Norway and the Provinces, 216
- Nodrosia in Norway, ibid.
- Novegrade in Moscovia, 219
- St. Nicholas in Moscovia, 220
- Negroponte, 249
- Northern Islands, 262
- Norfolk, ibid.
- Northamptonshire, ibid.
- Nottinghamshire, ibid.
- Northumberland, ibid.
- Naples Exchanges, 298
- Norimberg Exchanges, 298
- Exchanges of Naples how calculated, 342
- Exchanges of Naples with Lions, 343
- Exchanges of Naples with Placentia, 344
- Exchanges of Naples with Rome, 345
- Exchanges of Naples with Florence, 346
- Exchanges of Naples with Venice, 347
- Exchanges of Naples with Millan, 348
- Exchanges of Naples with Leccy and Barry, 349
- Exchanges of Naples with Mesina, 350
- Exchanges of Naples with Palermo, 351
- Exchanges of Naples with Genoa, 352
- Exchanges of Naples with Antwerp, 353
- Exchanges of Naples with London, 354
- Exchanges of Naples with Venice, 355
- Exchanges of Naples with Sevil, 356
- Exchanges of Naples with Lisbon, 457
- Terms of Payment of Bills of Exchanges in Naples, 358
- Orders and Commissions in Naples, 359
- THe duty of Owners of Ships, 2
- The Original of Customs, 4
- Officers Fees of Custom-houses, to be known and discharged, ib.
- Merchants should write down their Observations upon Commodities, 9
- Ocknam's brave Attempt, 13
- Oran, with the coins, weights, and measures thereof, 17
- [Page] Original of the company of Merchants of Turkey and East-India, 23
- Ormus and the Trade thereof, 80
- Restored to the Persian Scepter by the valour of the English, ibid.
- Orders of Caravans from Syria to Balsara, ibid.
- Orleans, 127
- Oyls of Provence how bought, 130
- Oyls how measured in Thollon, ibid.
- Orange, 131
- Ottranto, 139
- Oversels, 180
- Ordera River, 182
- Ossenbregs, 184
- Olmuts, 195
- Olympian Games, 245
- Ocean Islands, 262
- Orcades, ibid.
- Oxford-shire, 269
- Orders and Commissions given and received for draughts and remittances of Exchanges in Lions, 323
- Orders and Commissions given and received for draughts and remittances of Exchanges in Rome, 341
- Orders and Commissions given and received for draughts and remittances of Exchanges in Naples, 359
- Orders and Commissions for draughts and remittances in Genoa, 366
- Orders and Commissions for draughts and remittances in Venice, 380
- Orders and Commissions for draughts and remittances in Placentia, 398
- Orders and Commissions for draughts and remittances in Florence, 409
- Orders and Commissions for draughts and remittances in Millan, 418
- Orders and Commissions for draughts and remittances in Palermo and Mesina, 425
- Orders and Commissions for draughts and remittances in Barselona, 434
- Orders and Commissions for draughts and remittances in Antwerp, 442
- Orders and Commissions for draughts and remittances in London, 448
- Original of Burses, or places for meeting of Merchants, 181
- PArallels, what, 1
- Poles artick and antartick, ibid.
- A Merchant should know the form of Policies of Assurance, 2
- Pecunia, what, and how called, 5
- A Principal part of Merchandising consists in the knowledge of Commodities, 9
- How to find out the Par of Exchanges, 10
- The Price of the Exchanges, at the disposal of the Exchanger, ibid.
- The Particulars observed in the Map of Commerce, ibid.
- Peruana and the Provinces, 13
- Panama, ibid.
- Peru, ibid.
- Pamphilia, 43
- Phrigia, 46
- Pontus and the Cities thereof, 49
- Pompey's Pillar, ibid.
- Paphlagonia and the Cities, 50
- Pisidia and the Cities, 52
- Phoenicia and the Cities, 55
- Palestine and the Cities, 65
- Place of Paradice, 71
- Pidgeons Letter-carriers, 72
- Persia and the Provinces thereof, 75
- Persis, ibid.
- Policies of Casan, 78
- Parthia, 10
- Pegu, 88
- The manner of framing the Pepper in India by the Portuguese, 92
- Pegu, and the Trade of that coast, 95
- Pottana and the Trade thereof, 96
- Priaman and the Trade thereof, 105
- Philippine Islands, 107
- The Portuguese the first Masters of the Trade of India, 107
- Portugal, 116
- Poitou, 125
- Paris and the Trade thereof, 127
- Perigort, ibid.
- Provence, 129
- Picardy, 131
- Popacie and the Cities thereof, 142
- Padua and the Trade thereof, 153
- Pisa and the Trade thereof, 162
- Parma and the Trade thereof, 170
- Placentia and the Trade thereof, 171
- Principalities in Germany, 182
- Preslave, 195
- Prague and the Trade thereof, 196
- Pomerania, 197
- Plescovia, 212
- Permia, ibid.
- Petrosa, ibid.
- Polonia and the Provinces thereof, 222
- Podolia, ibid.
- Podlasia, ibid.
- Prussia, ibid.
- The Trade in general of Poland and East-land, 233
- Presburg, 234
- Pretras and the Trade thereof, 239
- Parnassus Mount, 246
- Pera, ibid.
- Pathmos Island, 249
- Palermo and the Trade thereof, 257
- Panteleria Island, 261
- Progita, ibid.
- Pomonia Isles, 262
- Pembroke-shire, 269
- The Exchanges of Placentia, 277
- The Exchanges of Paris, 277
- Palermo Exchanges, 288
- The Par in Exchanges, what, 301
- Princes Par in Exchanges, 301
- Merchants Par in Exchanges, ibid.
- Examples of Exchanges practised in Placentia, and how calculated, 388
- Exchanges of Placentia with Lions, 382
- Of Placentia with Genoa, 384
- Of Placentia with Rome, 385
- Of Placentia with Florence, 386
- Of Placentia with Palermo, 387
- Of Placentia with Venice, 388
- [Page]Of Placentia with Millan, 389
- Of Placentia with Naples, 390
- Of Placentia with Sevil, 391
- Of Placentia with Valentia, 392
- Of Placentia with Antwerp, 393
- Of Placentia with Bergamo, 394
- Of Placentia with Lucca, 395
- Of Placentia with Francfort, 396
- Of Placentia with London, 397
- Of Orders and Commissions given and received in Exchanges in Placentia, 398
- Questions upon Exchanges in Placentia, 399
- Exchanges practised in Palermo and Mesina, and how the same are calculated, 419
- Exchanges of Palermo and Mesina with Lions, 420
- Of Palermo, &c. with Placentia, 421
- Of Palermo, &c. with Naples, 422
- Of Palermo, &c. with Venice, 423
- Of Palermo &c. with Barselona, 424
- Of Palermo, &c. with Saragosa and Valentia, ibid.
- Orders and Commissions in Palermo and Mesina, given and received in Exchanges there, 425
- Piratical Trade of Tunis and Argier, 19
- QUivira, 12
- Quiloa, 27
- Quitiana, ibid.
- Quinsay, 98
- Quinto of money, what, 116
- Quercu, 127
- The Quality of money Exchanged, 273
- Questions upon Exchanges that are practised in Placentia, 399
- ROves in weighing, what, 6
- Rotolos in weighing, what ibid.
- [...] de la plata, 13
- [...] Contracts, 28
- Ros [...] on Nilus, 29
- Rovenas of Aegypt, 31
- Rhubarb, 85
- River of Martaban, 95
- River of Menan, 96
- Rarities found in Sumatra, 105
- Rochel and the Trade thereof, 125
- Rouen and the Trade thereof, 126
- Runano and the Trade thereof, 146
- Ravenna and the Trade thereof, 147
- Ricanti and the Trade thereof, 148
- Rome and the Trade thereof, 150
- Rotterdam a seat of the Merchant-Adventurers of London, 179
- River of Rhine, 182
- Rivers of Moscovia, 219
- Rhesian, ibid.
- Russia Niger, 222
- Riga and the Trade thereof, 227
- Revell and the Trade thereof, 228
- Rasia, 235
- Rhagusa and the Trade thereof, 237
- Rhodes and the Trade thereof, 250
- Rutland-shire, 269
- Richmondshire, ibid.
- Rhadnorshire, ibid.
- The Exchanges of Rouen, 277
- The Exchanges of Rome, 278
- Rescounters in Lions, what, 302
- Rules of casting up the Exchanges made in Lions, ibid.
- Rates of Exchanges in Lions which may serve for rates of interest in many other places, 303
- A Table for casting up the Account of Rebatements, 305
- Examples of Exchanges practised in Rome, and how the same are to be calculated, 326
- Exchanges of Rome with Placentia, 327
- Exchanges of Rome with Florence, 328
- Exchanges of Rome with Venice, 329
- Exchanges of Rome with Millan, 330
- Exchanges of Rome with Naples, 331
- Exchanges of Rome with Genoa, [...]
- Exchanges of Rome with [...] lermo, 333
- Exchanges of Rome with Antwerp, 334
- Exchanges of Rome with London, 335
- Exchanges of Rome with Valentia, Saragosa and Barselona, 336
- Exchanges of Rome with Sevil, 337
- Exchanges of Rome with Lisbon, 338
- Terms of Payments of Bills of Exchange in Rome, 339
- Aggio of moneys in Rome, 340
- Orders and Commissions by Exchange in Rome, 341
- SHipping distinguished into four parts, as the duty of four distinct Persons, 2
- The Ship-wright's duty, ibid.
- Strictness for not paying customs in Russin, Denmark, Sweden, Spain, in England, Scotland, Germany, France, Italy, Netherlands and Turkey, 4
- Several forts of moneys in use in several Countreys, 5
- Ship-ponds in weights, what, 6
- Stones in weights, what, ibid.
- Staple-commodities, what, 9
- Sugar-trade, 25
- Sossala, 27
- Sues in the Red-sea, 29. and the Trade thereof, 33
- Sauchen and the Trade, containing the commodities, measures, and weights thereof, 32
- Smyrna, with the commodities, coins, accounts, weights, measures, customs, and the Trade thereof, 45
- Mineral Salt, 51
- Syria in general, 54
- Sidon and the Trade, containing coins, weights and measures thereof, 58
- Syrophoenicia and the Cities thereof, ibid.
- Samaria, 65
- Sciras and the Trade thereof, 79
- Sarmacand, 86
- Siam, 88
- Surat and the [...] the coins, [...], &c. thereof, [...]
- Ships of [...]
- [...] [Page] coast of Bengala weights, &c. 94
- Strange manner of buying and selling in Pegu and that coast, 95
- Spinals digged at Coplan, ibid.
- Siam, and the Trade of the coast thereof, their weights, measures, &c. 96
- Ten thousand sail of Ships belonging to the King of China in one River, 98
- A Ship yearly at Maccau from Goa going to Japan, 99
- Summatra and the Trade thereof, 105
- Socodana an English Factory, 106
- Spain and the Cities thereof, 111
- Sevil and the Trade thereof, containing accounts, coins, Exchanges, weights, commodities, measures, &c. thereof, 112
- Segovia, 115
- Salamanca, ibid.
- Saragosa, 119
- Savoy and the Trade thereof, 133
- Sienna and the Trade thereof, 163
- Seventeen Ʋnited Provinces, 178
- Sidan, ibid.
- Sluis, 179
- The ancient Staple of Bridges, 181
- Strasburg and the Trade thereof, 186
- Stutgard, ibid.
- Spiers and the Trade thereof, 188
- Saxony, 196
- Silver Mines in Friburg, 202
- Stoad and the Trade thereof, 203
- Sealand in Denmark, 210
- Scania, ibid.
- Scandia, ibid.
- Sweden and the Cities thereof, 217
- Stockholm and the Trade thereof, 218
- Seruca, 219
- Smaleusco, ibid.
- Samogitia, 222
- Stralsond and the Trade thereof, 229
- Stetin and the Trade thereof, 230
- Servia, 235
- Sclavonia, 236
- Spallata and the Trade thereof, 237
- Schenico and the Trade thereof, 241
- Scuttari and the Trade thereof, 242
- Sparta, 245
- Salonica and the Trade thereof, 246
- Sidrocapse rich in Mines of Gold, ibid.
- Samothrasia, 248
- Scio, or Chios, and the Trade thereof, 249
- Sciros Island, ibid.
- Salamis Island, ibid.
- Samos Island, ibid.
- Suda a brave Harbour in Candia, 251
- Strucalli Islands, ibid.
- Santo Mauro, 252
- Sicilia and the Provinces thereof, 256
- Sardinia Island, 258
- Sorlings Islands, 262
- Scotland and the Provinces thereof, 264
- Twelve Shires in Wales, 268
- Somersetshire, 269
- Surry, ibid.
- Sussolk, ibid.
- Sussex, ibid.
- Staffordshire, ibid.
- Shropshire, ibid.
- Saragosa Exchanges, 291
- Sevil Exchanges, 294
- Sight, what, 299
- Exchanges of Sevil, 426
- Exchanges of Saragosa, ibid.
- TRopicks of Cancer and Capricorn, 1
- Things considerable in bartering, bargaining, and exchanging, 2
- Terra Cotterialis, 12
- Trindado, 13
- The Trade of America by Spaniards, ibid.
- Tunis and the Trade thereof, with the coins, weights, measures, commodities, and customs thereof, 15
- The Trade in general of Argier, and Tunis, 19
- Of Trade in general of Barbary, 23
- Tarradant, ibid.
- Tombotu, 25
- Troys Ruines ruin'd, 46
- Trapesond, Chap. 51. with the weights and measures thereof, 55
- Tyre, and the ancient Trade thereof, 60
- Tripoli in Syria, with the Trade, containing weights, measures, &c. thereof, 64
- Turcomania, 67
- Tauris and the Trade thereof, 74
- The general Trade of Persia, 82
- Tartary and the Provinces thereof, 83
- Tartaria Precopensis, ibid.
- Tartaria Asiatica and Antiqua, 85
- Tutta, 90
- The Trade in general of the Seacoast of India, 92
- Ticco and the Trade thereof, 105
- Trade in general of Asia, 109
- Toledo, 114
- Tortosa, 119
- The Trade in general of Spain and Portugal survey'd, 121
- Thoullousa and the Trade thereof, 123
- Torrian, 125
- Thollon and the Trade thereof, 130
- Turino and the Trade thereof, 134
- The Trade in general of France, 135
- Tarranto, 139
- Treviso and the Trade thereof, 152
- The Trade in general of Italy, 177
- Tornay, 179
- The Trade of Antwerp augmented by three occasions, and decayed by three occasions, 179
- The Trade in general of Netherlands, 181
- The Trade in general of Aermany, 209
- The Trade of Prussia, ibid.
- The Trade of Denmark, 215
- The Trade of Moscovia, 221
- Transilvania, 236
- Thebes, 246
- Thermophilae Straights famous, ibid.
- Thessalia, ibid.
- Thracia, ibid.
- The Trade of the Citizens of Constantinople, 247
- Tenedos, 248
- [Page] Terra Sigillata, 248
- Temple for the cure of Lovers, 252
- Turky or Levant Merchants their original in London, 270
- Though the Tables of Exchanges differ from the present rates, yet the use thereof is no way lessened, 274
- Terms of payments of Bills of Exchange, 299
- A Table for casting up the account of Discounts or Rebatements. 304
- Tripoly in Barbary, 15
- VIrginia, 12
- Una and the Trade thereof, containing the coins, weights, measures thereof, 12
- The Undermining tricks of the Dutch in the Trade of Guiny, 25
- The matchless Villany of the Dutch in the Amboina Islands, 103
- Validolide, 115
- Valentia and the Trade thereof, 118
- Vienne in France, 127
- Valentia in France, ibid.
- Republick of Venice, and the Cities, 131
- Vicentia and the Trade thereof, 154
- Verona and the Trade thereof, 156
- Venice and the Trade thereof, 158
- Urbin and the Trade thereof, 169
- Valencourt, 179
- Utrecht, 180
- Vienna and the Trade thereof, 195
- Veteravia, 201
- Valadomira, 219
- Volmia, 222
- Valona or Avalona, and the Trade, 243
- Venetians the second Traders of eminency in Turky, 247
- Ulster in Ireland, 263
- The Use of the Table of Exchanges, 275
- Venice Exchanges, 281
- Valentia Exchanges, 291
- Vienna Exchanges, 298
- Usance, what, 299
- Examples of Exchanges practised in Venice, and how calculated, 368
- Exchanges of Venice with Lions, 369
- Of Venice with Placentia, 370
- Of Venice with Rome, 371
- Of Venice with Naples, 372
- Of Venice with Florence, 373
- Of Venice with Millan, 374
- Of Venice with Antwerp, 375
- Of Venice with London, 376
- Of Venice with Genoa, 377
- Of Venice with Norimberg, 378
- Of Venice with Bergamo, 379
- Of Orders and Commissions given and received in Exchanges at Venice, 380
- Terms of payments of Bills of Exchange in Venice, 381
- Exchanges of Valentia, 426
- Injurious decrees of Venice against the Trade of the English in the Levant Seas, 158
- The present Trade of Venice surveyed, ibid.
- THe World divided into 4 Parts, 1
- The Weigh-House or Kingsbeam, 36
- Weights in general used in Merchandizing, 6
- The difference of Weights in all Countreys, ibid.
- Two manners of Weighing in use, ibid.
- Weighing by Beam, ibid.
- Weighing by Stadiero, ibid.
- Weights are authorized by Magistrates, ibid.
- Weights to be sworn, ibid.
- By what Weights the Weights of this Book are authorized, ib.
- How to accord the Weights of any two several places, ibid.
- The Weights of Spain reduced to the English Hundred, 120
- Woad or Pastel of Tholousa, 123
- Weights and Measures of France reduced to the English, 134
- Weights of Italy reduced to the weights and measures of London, 176
- West-Frisland, 180
- Weights of Netherlands, reduced to the weights of London, ibid.
- Westphalia, 183
- Worms and the Trade thereof, 187
- Wittenburg, 186
- Westburg, ibid.
- Wallen a samous Mart, 196
- Wittenburg and the Trade thereof, 198
- Weights of Germany with London, 207
- Weights of Denmark with London, 213
- Ware-houses in Norway, 216
- Weights and measures of Eastland reduced to that of England, 231
- Wallacia, 235
- Willowbeys Island, 262
- Wight Island, ibid.
- Wales and its bounds, 268
- Wiltshire, 269
- Warwickshire, ibid.
- Worcestershire, ibid.
- Westmorland, ibid.
- Weights used in England, 271
- YPres, 279
- Yorkshire, 269
- Zones five, 1
- Zanibar, 27
- Zagatora, 36
- Zagatai and the Provinces, 86
- Zutphen, 179
- Zealand, 180
- Zuriche and the Cities thereof, 192
- Zante and the Trade thereof, 253
- Zeffalonia and the Trade thereof, ibid.
- Zara Island and the Trade thereof, 255
- Nova Zembla, 262
A Table of the Longitude and Latitude of all the principal Cities mentioned in this Map of Commerce.
Lat. | Long. | |||
D. | M. | D. | M. | |
A. | ||||
ADrianople | 42 | 45 | 22 | 45 |
Alba regalis. | 46 | 48 | 42 | 0 |
Alb [...]m castrum | 48 | 35 | 50 | 45 |
Amsterdam | 52 | 40 | 27 | 34 |
Alexandria in Aegypt | 31 | 00 | 60 | 30 |
Alexandria in Italy | 43 | 10 | 30 | 00 |
Alsfild in Hassia | 51 | 00 | 72 | 00 |
Abbevile, in Picardy, | 49 | 50 | 22 | 30 |
Amberge in Bohemia | 49 | 26 | 32 | 40 |
Ancona | 43 | 22 | 39 | 40 |
Antioch | 37 | 20 | 70 | 15 |
Antwerp | 51 | 58 | 26 | 36 |
Acquilla | 43 | 30 | 38 | 20 |
Argentina | 48 | 45 | 28 | 14 |
Angusta | 47 | 42 | 33 | 00 |
Anglers | 47 | 25 | 18 | 10 |
Avignon | 44 | 40 | 22 | 40 |
Aleppo | 38 | 00 | 72 | 30 |
Arming | 41 | 00 | 76 | 00 |
Ava | 27 | 50 | 142 | 30 |
Agacles | 30 | 00 | 66 | 33 |
Agasimba | 7 | 00 | 24 | 0 |
Algiers | 25 | 20 | 30 | 0 |
Almara — S. L. | 30 | 00 | 63 | 30 |
Angola — S. L. | 07 | 00 | 45 | 10 |
Asna | 25 | 00 | 66 | 30 |
Ascentia — S. L. | 19 | 00 | 363 | 20 |
Santa Anna — S. L. | 27 | 30 | 318 | 30 |
B. | ||||
Boriquen — S. L. | 19 | 40 | 273 | 20 |
Bangamodrum | 06 | 00 | 62 | 36 |
Bernagasum | 13 | 00 | 70 | 0 |
Benomotapa | 26 | 00 | 55 | 0 |
Bona | 35 | 40 | 37 | 10 |
Brava | 30 | 74 | 30 | |
Bugia | 35 | 10 | 34 | 30 |
Babylon | 33 | 00 | 82 | 20 |
Bethlem | 31 | 50 | 65 | 45 |
Baccu | 42 | 00 | 88 | 50 |
Bulgar | 54 | 30 | 88 | 30 |
Bengala | 21 | 20 | 125 | 10 |
Bensanson | 46 | 30 | 20 | 30 |
Burges | 46 | 20 | 22 | 10 |
Buda | 47 | 00 | 42 | 0 |
Burdeaux | 44 | 30 | 17 | 50 |
Bollonia | 43 | 33 | 35 | 50 |
Basil | 47 | 40 | 31 | 0 |
C. | ||||
Constantinople | 43 | 05 | 56 | 0 |
Cales | 37 | 05 | 10 | |
Conimbre | 40 | 00 | 11 | 25 |
Collen | 51 | 00 | 30 | 30 |
Copenhagen | 56 | 50 | 34 | 30 |
Cor [...]nth | 36 | 55 | 51 | 15 |
Cracovia | 50 | 12 | 42 | 40 |
Cane | 49 | 42 | 19 | 20 |
Compostella | 20 | 06 | ||
Caminetsa | 50 | 40 | 50 | 20 |
Calicut | 10 | 38 | 112 | 40 |
Casan | 35 | 10 | 96 | 10 |
Cappha | 48 | 00 | 68 | 5d |
Cambalu | 51 | 10 | 161 | 10 |
Cambaia | 11 | 40 | 142 | 20 |
Cantan | 25 | 149 | 00 | |
Chile — S. L. | 36 | 299 | 30 | |
Coanum | 31 | 259 | 40 | |
Canada | 50 | 20 | 305 | 10 |
Cartagena nova | 20 | 10 | 300 | |
Casco — S. L. | 13 | 30 | 297 | 20 |
Caxamalca — S. L. | 11 | 30 | 298 | 30 |
Cuba | 31 | 40 | 296 | |
Capua | 41 | 39 | 10 | |
Carenge | 31 | 50 | 31 | 48 |
Cairo | 29 | 50 | 63 | |
Cesena | 43 | 40 | 34 | 40 |
Cephalonia | 37 | 10 | 47 | 10 |
Colmar | 48 | 12 | 26 | 0 |
Constance | 47 | 30 | 28 | 30 |
Cordova | 37 | 50 | 28 | 0 |
Corfu | 38 | 45 | 45 | 10 |
Corsica Island | 40 | 50 | 31 | 0 |
Crema | 44 | 20 | 31 | 15 |
Cremona | 44 | 40 | 32 | 25 |
Cyprus | 35 | 30 | 65 | 30 |
Cuma | 41 | 40 | 41 | 0 |
Cap bona speransa S. L. | 35 | 00 | 50 | 30 |
Cape verde | 40 | 10 | 9 | 50 |
D. | ||||
Dabul | 31 | 00 | 112 | 20 |
Damascus | 35 | 69 | ||
Doway | 50 | 30 | 25 | |
Dole | 46 | 10 | 27 | 0 |
Dublin | ||||
Dort | 44 | 0 | 30 [...] | |
Dantsick | 54 | 44 | 44 | 15 |
Dresden | 51 | 00 | 23 | 45 |
Dirraccium | 40 | 50 | 54 | 0 |
Decan | 14 | 00 | 113 | 20 |
Delle | 5 | 00 | 114 | 19 |
Damieta | 32 | 40 | 69 | 00 |
Dara | 12 | 0 | 66 | 50 |
Dancali | 17 | 10 | 66 | 50 |
E. | ||||
Edenburgh | 58 | 00 | 19 | 20 |
Ephesus | 37 | 40 | 57 | 40 |
Erford | 51 | 10 | 34 | |
Epidauro | 36 | 25 | 51 | 45 |
F. | ||||
Francford upon Oder | 50 | 30 | 24 | |
Francford upon Mentz | 50 | 30 | 30 | |
[Page]Florence | 34 | 43 | ||
Ferara | 36 | 44 | ||
Friburg | 48 | 13 | 28 | |
Famagusta | 30 | 30 | 69 | 20 |
Fassum | 45 | 40 | 57 | 50 |
Favencia | 43 | 40 | 35 | 20 |
Fess | 34 | 30 | 5 | 30 |
Flanders | 52 | 30 | 22 | 45 |
G. | ||||
Guatimala | 24 | 20 | 303 | |
Guaiachil — S. L. | 2 | 30 | 294 | 30 |
Goa | 14 | 40 | 112 | 20 |
Gaza | 33 | 70 | 50 | |
Guinea — S. L. | 9 | 10 | 18 | |
Guangala | 25 | 50 | 37 | 30 |
Goaga | 22 | 55 | ||
Geneva | 45 | 45 | 28 | |
Granado | 37 | 30 | 17 | 15 |
Genoa | 15 | 20 | 45 | 20 |
Gaieta | 40 | 50 | 38 | 20 |
Gallipoli | 41 | 30 | 45 | 10 |
Gelderland | 52 | 20 | 27 | 40 |
Gotland | 60 | 00 | 48 | |
Golmon | 54 | 6 | 33 | 54 |
Gorlits | 51 | 34 | 45 | |
Gulich | 52 | 0 | 27 | 30 |
H. | ||||
Hidleberg | 49 | 25 | 33 | |
Havana | 20 | 0 | 292 | 10 |
Hochlaga | 44 | 10 | 300 | 50 |
Hamburg | 54 | 20 | 30 | 15 |
Hamaria in Norway | 60 | 31 | 45 | |
Halbestad | 52 | 11 | 35 | 20 |
I. | ||||
Jerusalem | 31 | 40 | 66 | |
Ireland the midst | 57 | 12 | ||
Ingolstad | 48 | 42 | 31 | 20 |
Jamaica | 17 | 0 | 298 | 30 |
St. Jaco | 32 | 10 | 298 | 10 |
Isabella | 10 | 10 | 32 | |
India the midst | 28 | 105 | 40 | |
Jerico | 33 | 73 | ||
L. | ||||
London | 51 | 30 | 20 | |
Leiden | 52 | 10 | 27 | 20 |
Lions | 44 | 30 | 25 | 40 |
Lovain | 51 | 23 | ||
Lisbon | 38 | 50 | 10 | 50 |
Leigh | 50 | 30 | 29 | |
Liampo | 34 | 40 | 160 | 20 |
Lima — S. L. | 23 | 30 | 296 | 40 |
Lucaio | 30 | 0 | 299 | 27 |
Lansano | 47 | 40 | 35 | 30 |
Leoburg | 54 | 10 | 28 | 2 |
Legorn | 42 | 12 | 33 | 10 |
Lovain | 51 | 0 | 26 | 45 |
Lubeck | 54 | 48 | 34 | 0 |
Lucca | 42 | 40 | 32 | 40 |
Luneburg | 54 | 40 | 34 | 20 |
Lucern | 46 | 34 | 26 | 0 |
Lipsick | 51 | 25 | 35 | 45 |
M. | ||||
Maragna | 19 | 30 | 281 | 30 |
Margarita | 10 | 50 | 314 | 10 |
Martha | 10 | 40 | 301 | 20 |
St. Michael — S. L. | 6 | 10 | 291 | 40 |
St. Michael | 27 | 20 | 327 | 10 |
Mexico | 38 | 30 | 283 | |
Madagascar — S. L. | 19 | 77 | ||
Madera | 31 | 30 | 8 | 10 |
Manicongo — S. L. | 7 | 47 | 10 | |
Morocco | 30 | 30 | 30 | |
Melinda — S. L. | 3 | 20 | 71 | 20 |
Meroe | 16 | 10 | 68 | 20 |
Mombafa — S. L. | 4 | 50 | 72 | |
Mandao | 125 | 25 | ||
Mallacca | 5 | 136 | 30 | |
Mecha | 25 | 75 | 30 | |
Medina | 27 | 20 | 73 | |
Meacum | 23 | 15 | 160 | 30 |
Mentz | 50 | 30 | 27 | 30 |
Marburg | 51 | 30 | ||
Millain | 43 | 40 | 20 | |
Modena | 45 | 40 | 43 | 50 |
Majorca | 39 | 35 | 18 | 50 |
Mosco | 61 | |||
Mechlin | 51 | 15 | 20 | 50 |
Maguntia | 50 | 8 | 30 | |
Madgburg | 52 | 20 | 34 | 30 |
Mantua | 44 | 30 | 32 | 20 |
Marselia | 43 | 6 | 24 | 30 |
Manfrednia | 40 | 45 | 42 | 50 |
Mesina | 38 | 50 | 42 | 46 |
Minorque | 40 | 10 | 19 | 30 |
Montpelier | 43 | 25 | 20 | 30 |
N. | ||||
Naples | 39 | 30 | 46 | |
Nidrosia | 60 | 50 | 89 | 45 |
Nismes | 42 | 30 | 25 | |
Nica | 40 | 0 | 57 | |
Ninive | 36 | 40 | 82 | |
Narsinga | 18 | 119 | ||
Nicodemia | 44 | 20 | 63 | 50 |
Nicopolis | 45 | 56 | 30 | |
Nova Albion | 50 | 235 | ||
Nova Galisia | 2 | 40 | 298 | 15 |
Norumbega | 43 | 40 | 315 | 40 |
Nombre de dios | 9 | 20 | 294 | 30 |
Navaca | 17 | 10 | 300 | 20 |
Narbon | 43 | 19 | 20 | |
Nantz | 48 | 12 | 16 | 20 |
Nola | 40 | 45 | 40 | 15 |
Novaria | 44 | 30 | 30 | 30 |
Negroponte | 38 | 15 | 53 | 40 |
Norimburg | 49 | 24 | 31 | 10 |
Nursia Italia | 42 | 44 | 308 | |
O. | ||||
Ormus | 19 | 92 | 0 | |
Odia | 12 | 138 | 30 | |
Oxiana | 20 | 107 | 40 | |
Oxford | 51 | 30 | 19 | |
Orleans | 47 | 10 | 22 | |
Orcades Isles | 61 | 40 | 21 | |
[Page]Orting [...] in Sweden | 49 | 58 | 28 | 3 |
P. | ||||
Paris | 48 | 23 | 20 | |
Poitiers | 50 | 10 | 20 | |
Padua | 36 | 10 | 44 | 45 |
Pavia | 33 | 5 | 44 | |
Prague | 46 | 10 | 29 | 10 |
Persepolis | 30 | 40 | 90 | 40 |
Ptolemais | 29 | 40 | 66 | 40 |
Palama | 28 | 6 | 20 | |
Panama | 8 | 10 | 294 | 10 |
Papaian | 1 | 50 | 297 | 30 |
Palermo | 37 | 37 | ||
Perpignan | 42 | 40 | 18 | 30 |
Pampelon | 42 | 50 | 15 | |
Parma | 43 | 30 | 32 | 30 |
Perusca | 42 | 56 | 36 | 50 |
Pisa | 4 [...] | 45 | 36 | 30 |
Pistoia | 43 | 33 | 20 | |
Pescaro | 42 | 38 | 32 | 40 |
Placentia | 44 | 31 | 30 | |
Portugal | 40 | 45 | 5 | 48 |
Q. | ||||
Quito — S. L. | 10 | 293 | 10 | |
Quivira | 40 | 233 | 41 | |
Quinsay | 40 | 153 | ||
R. | ||||
Rome | 38 | 41 | 40 | |
Rheims | 48 | 30 | 25 | 25 |
Riga | 59 | 43 | 45 | |
Rhodes | 35 | 58 | ||
Rhagusa | 43 | 30 | 42 | 14 |
Ratisbone | 48 | 56 | 29 | 50 |
Ravenna | 44 | 2 | 34 | 40 |
Ricanti | 43 | 22 | 40 | 60 |
Rostock | 54 | 36 | 34 | |
Rouen | 49 | 21 | 15 | |
Regium | 48 | 15 | 43 | 10 |
S. | ||||
Sanguinai | 55 | 306 | 40 | |
S. Spirits | 13 | 20 | 322 | 30 |
Saba | 8 | 40 | 68 | 20 |
Septa | 35 | 40 | 22 | 0 |
Smyrna | 40 | 30 | 60 | 20 |
Susis | 48 | 00 | 73 | 40 |
Sigestan | 31 | 105 | 00 | |
Sarmacand | 44 | 109 | ||
Samaria | 33 | 40 | 72 | 20 |
Salamanca | 41 | 20 | 21 | 24 |
Siquenea | 18 | 2 | ||
Siena | 42 | 15 | 42 | 20 |
Siracuse | 37 | 30 | 40 | 30 |
Stockholm | 60 | 30 | 47 | |
Strasburg | 48 | 44 | 27 | 50 |
Sevil | 37 | 30 | 14 | 20 |
Salern | 40 | 30 | 40 | 20 |
Salisburg | 44 | 44 | 35 | 15 |
Sardinia Island | 38 | 31 | ||
Savoy | 43 | 30 | 29 | 10 |
Salonica | 44 | 30 | 39 | 50 |
Scodra | 44 | 40 | 20 | |
Sebenico | 37 | 6 | 36 | |
Spallata | 43 | 15 | 39 | 45 |
Spires | 49 | 20 | 28 | 40 |
T. | ||||
Taranto | 41 | 15 | 43 | 15 |
Trevilo | 45 | 30 | 33 | 35 |
Toledo | 41 | 10 | 30 | |
Tholousa | 43 | 30 | 18 | |
Turin | 44 | 20 | 29 | 30 |
Tunis | 32 | 30 | 33 | |
Trent | 45 | 18 | 31 | 32 |
Triers | 45 | 50 | 4 | |
Tarsus | 40 | 71 | 20 | |
Tauris | 38 | 20 | 90 | 30 |
Tenduc | 37 | 30 | 168 | 30 |
Titus | 36 | 30 | 72 | 10 |
Trabesond | 44 | 10 | 140 | 30 |
Troas | 48 | 10 | 31 | |
Tripolis | 37 | 72 | 20 | |
Tedoro | 160 | 40 | ||
Tanger | 35 | 20 | 30 | 50 |
Tombuto | 15 | 20 | 15 | |
Telesm | 34 | 29 | ||
Totantoon | 36 | 248 | 20 | |
Tombez — S. L. | 4 | 10 | 291 | 40 |
V. | ||||
Valentia | 36 | 10 | 12 | 40 |
Valadolid | 42 | 20 | 9 | |
Venetia | 45 | 15 | 34 | 30 |
Verona | 45 | 16 | 32 | 45 |
Vercelles | 44 | 12 | 29 | 50 |
Vicentia | 44 | 55 | 33 | |
Vienna France | 45 | 12 | 22 | 30 |
Vienna Austria | 47 | 42 | 38 | |
Vilerbo | 42 | 18 | 39 | |
Ulma | 48 | 26 | 30 | 20 |
Voltera | 42 | 40 | 33 | 50 |
W. | ||||
Witenberg | 50 | 20 | ||
Witsburg | 50 | |||
Wormatia | 49 | 44 | 28 | 30 |
X. | ||||
Xaintn | 55 | 40 | 168 | 40 |
Y. | ||||
York | 54 | 30 | 23 | 30 |
Z. | ||||
Zeilan | 11 | 20 | [...]38 | |
Zama — S. L. | 11 | 40 | 74 | 40 |
Zocatara | 12 | 50 | 88 | |
Zansibar — S. L. | 6 | 30 | 73 | |
Zimbaos — S. L. | 25 | 20 | 9 |
Note, that S. L. signifieth a Southerly Latitude.
ADVICE CONCERNING BILLS of Exchange. Wherein is plainly set forth
- The Nature of Exchange of Monies.
- Several Forms of Bills of Exchange in different Languages.
- Manner of proceeding in Protest, Counterwand, Security, Letters of Credit, Assignment; and generally
- The whole Practical Part and Body of Exchanges Anatomized.
WITH Two exact Tables of New-stile and Old-stile.
By JOHN MARIUS, Publick Notary.
The like never before Published.
LONDON: Printed for Tho. Horne, at the South-Entrance into the Royal-Exchange. MDCC.
[Page] [Page 3]ADVICE CONCERNING BILLS of EXCHANGE.
To the READER.
I Formerly published a small Treatise concerning Bills of Exchange, which having found good Acceptance by all into whose hands it came, (that ever I could hear of,) and being since much solicited by some to inlarge upon that Theme, that I might be serviceable in my generation, and for the more general Good of all, I have yielded to their Desires; for whereas I did in the first Impression mention only some Customs of Merchants concerning: Bills of Exchange, I have now in this second not only comprised what was formerly handled, and something enlarged upon the same, for the better understanding thereof, but also added very much in setting down the Nature of Exchange, the several Denominations and kinds thereof, the Pair of some Countries, the proper Appellations and Names of those Persons which do negotiate Exchange, how many Persons which do negotiate by Exchange, how many Persons are therein active, divers Cases propounded and resolved, Objections answered, to know when any Bill will fall due, Monies taken up by Letters of Credit, two perfect Tables of the just day from New stile to Old stile throughout the Year, which may serve as an indifferent Judg between Party and Party, and full Directions almost in all Cases that may happen in Bills of Exchange, useful as well to the Merchant-man, as to the Notary, and others, for I have in a manner gone through the whole Body of Exchange. As for Attachments, and some few other Cases on Bills of Exchange, I have purposely omitted, lest I should give occasion to any turbulent Spirit to make Contest where none need. The right dealing Merchant doth not care how little he hath to do in the Common Law, or things of that nature; neither have I herein set down several Instances of Exchanges of one Town or Country with another, to shew what the Parcel will amount to with the Exchange from one sort of Mony or Species to another, in regard the same hath been already published by Mr. Lewis Roberts, in his Map of Commerce; but I have given my Advice in the Practical part of Exchanges, according to the Custom of Merchants used in England. And I have generally back'd my Advice with some Reasons, which amongst Wise Men is esteemed more prevalent than Law it self. I dare warrant the proceedings of any that shall walk after this my Advice to be good and justifiable by the Law of Merchants; but I think I need not hang out a Bush, if the Palat be right I know the Wine cannot be disrelished: It is the Crop of four and twenty Years Experience in my Employment in the Art of a Notary Publick. Reader, let not one Perusal suffice thee, this Labour is mine, the Gain will be thine, I am but the Adviser, be thou Advised by
Exchange Excellent and Necessary.
EXCHANGE is by some held to be the most mysterious part of the Art of Merchandizing and Traffick, being grounded upon Custom and Experience; and the Necessity and Commodiousness of Exchanges is seen, in that it hath found a general Allowance in all Countries time out of mind, and yet is maintained with the general Consent of all, for it prevents the Danger and Adventure of Carriage of Moneys from one City or Country to another.
And this is done only by two or three Lines written on a small piece of Paper, termed, A Bill of Exchange; which is so noble and excellent, that tho it cannot properly, (as I conceive) be called a Specialty, because it wanteth those Formalities which by the Common-Law of England are thereunto required, as Seal, Delivery and Witnesses; yet it is equivalent thereunto, if not beyond, or exceeding any Specialty or Bond, in its punctuality and precise Payment, carrying with [Page 4]it a commanding Power, tho directed from the Servant to the Master; for if by him accepted, it concerneth him every whit as much to see it be paid with Honour at the time, as the Servant can desire, or the Party to whom it is payable can expect, in regard the Acceptor's Credit lieth at stake: And if he fail of Payment at the precise day, presently there will issue forth a Protest, which may tell tales, and soon make a Dilemma in his Commerce; for he must not expect to continue his Credit long, that doth not pay his accepted Bills at the time appointed, and besides his own, his Servant or Friend, the Drawer's Credit will also be wounded; besides the Charges which are incident thereunto, and unavoidable Payment of Principal and Charges at the end, if the Party or Parties are able; for both Acceptor and Drawer are bound till Payment, as shall be more particularly shew'd in this ensuing Treatise. Thus much in general, for I love not to spend more words than need, or tell a large Story to little or no purpose.
Exchange what it is.
REal Exchange is nothing else, but to give or take up Mony in one City or Town, to the End to have it again, or to restore the just Value thereof in Mony in another Town, according to the Price which shall be agreed upon between the Taker and the Deliverer, to allow or pay for the Exchange of the Mony, and the Loss of Time, which will be from the time that the Mony is taken up or delivered, till it be restored or received again.
Inland and Outland Bills all alike.
AND by this it appeareth, That a Bill of Exchange which shall be made for Monies taken up at Edenborough, York, Bristol, Exon, Plimouth, Dover, or any other part of England or Scotland, and payable at London, is in all things as effectual as any Bill of Exchange made beyond the Seas, and payable here in England, which we use to call an Outland Bill, and the other an Inland Bill, both the Inland and Outland being made for Monies taken up by Exchange: and Exchange of Monies being a thing which may be done as well from one Town to another, as from one Country, Kingdom or Nation to another, it must needs be, that the Bills of Exchange which shall be made as well at one part as at another, (I mean Inland and Outland) ought to be esteemed of equal Worth, and the Custom of Merchants on both equally observed; howbeit Mr. John Trenchant in his Book of Arithmetick printed at Lions Anno 1608. saith, that an Exchange made in the same Realm, as from Lions to Paris, is not real, for that the real Exchange is appointed only for Exchange between Towns in subjection to divers Lords, who do not allow Monies to be transported out of their own Territories, or because the Monies are not conveyed from one place to another without great Loss.
Four Persons to make an Exchange, and how called.
ORdinarily there are four Persons requisite to be imployed in taking up or remitting any Parcel of Money by Exchange, (besides the Broker who doth procure the Parcel) as namely, two at the Place where the Mony is taken up, and two at the Place where the Mony is payable. 1. The Party who delivers the Mony by Exchange, whom we use to call the Deliverer, or the Giver, (and the French, le Banquier,) because there are who keep a Stock of Mony only to negotiate by Exchange (as our Usurers do Mony to deliver at Interest) altho these Bankers will as well take up as deliver Monies by Exchange, according as they see it most advantagious to them, by the Rise or Fall of the Price of Monies by Exchange. 2. The Taker or Party who receives or takes up Mony by Exchange, and this Party we usually call the Drawer, because he may be said to be the chief occasion of the Draught of those Monies from one place to another by virtue of his Bill of Exchange. 3. The Party who is to pay the Mony, or he upon whom the Bill is drawn, or to whom the Bill of Exchange is directed. And 4. The Party to whom the Mony is made payable, or he to whom the Bill is sent to get accepted, and to receive the Mony when due according to the Bill. So that by setting down these four Parties, and what use there is of them in Exchange of Monies, it is apparent, that there must be a Correspondency and familiar Acquaintance between the Party who delivers Monies by Exchange, and he to whom the same is made payable; and the Party who takes up Monies by Exchange, and he on whom the Bill is drawn.
Three Persons to make an Exchange.
BUT sometimes there are but three Persons needful in the doing a parcel of Mony by Exchange; as First the Taker; Secondly, the Deliverer; and Thirdly, the Party upon whom the Bill is drawn. 1. The Taker, he makes and subscribes a Bill of Exchange for so much Mony by him received of the Deliverer. 2. The Deliverer, he orders the Bill to be made payable to himself, or Assigns for the value of himself. And 3. The Party that is to pay the Bill; for the Taker directs the Bill to his Friend or Servant to pay the same. Now, this way of Exchange is very useful, [Page 5]according as occasion may be. For suppose I were to go from London to Plimouth, there to employ some Monies in the buying of some Coromodity; I deliver my Monies here in London, to some body who gives me his Bill of Exchange on his Friend, Factor or Servant at Plimouth, payable to my self; so I carry the Bill along with me, and receive my Mony my self by virtue thereof at Plimouth.
Another way, wherein only three Persons are needful in the Negotiation of Monies by Exchange: namely, First, the Drawer; Secondly, the Party on whom it is drawn. Thirdly, the Party to whom it is payable. 1. The Drawer having Monies in his hands belonging to the Party to whom he orders the Bill to be paid, doth make a Bill of Exchange himself, confessing the value received in his own hand. 2. Charging it on his Friend or Factor. 3. Payable to the Party to whom he was indebted. There is yet one way more wherein Monies may be remitted by Exchange only with the help of three Persons; 1. The Taker. 2. The Deliverer. 3. The Party to whom payable. As thus, If I were at Dartmouth, or Exon, and intended to come to London, I would take up Monies by Exchange at Dartmouth, or Exon, and subscribe Bills of Exchange for the same, confessing the Value received of the Deliverer, directed or drawn on my self, payable to whom the Deliverer should appoint in London.
Two Persons to make an Exchange.
LIkewise a Parcel of Money may be done by Exchange between two Persons: First, the Drawer; and secondly, the Party on whom it is drawn; the Drawer he makes a Bill of Exchange payable to himself or Order, for the Value in himself, and subscribes the Bill, and directs it to the Party that owes him Money, and is to pay it by Exchange; by which Bill (when the Party on whom it is drawn hath accepted it) he becometh Debtor to the Drawer, and he, before the Bill falls due, doth negotiate the Parcel with another Man, and so draws in the Money at the place where he liveth, and makes only an Assignment on the Bill, payable to him of whom he hath received the Value. The Usefulness of framing Bills of Exchange after these several Forms before-mentioned, will be found out according as each Man's Occasion shall present in his Trade and Commerce by Exchange, which is so necessary, that there is fearce a Merchant but at some time or other, one way or other, doth either receive or pay Monies by Bills of Exchange.
All these manner of Exchanges before-mentioned are termed Real Exchange, because it is a thing really done, and the Mony really Exchanged from one place to another.
There are other Exchanges of Monies, so called (but improperly) as Dry Exchange, Feigned or Imaginary Exchange, Small or Petty Exchange.
Dry Exchange.
DRY Exchange, is, when I, having occasion for Monies, desire a Banker to lend me 100 l. at Interest for a certain time; the Banker, unwilling to deliver at Interest, offers me 100 l. by Exchange for Amsterdam, whereunto I agree; but not having any Correspondence there, the Banker bids me make my Bills of Exchange for so much Mony, to be paid at double or treble Usance at Amsterdam, by any imaginary Body, at the Price the Exchange shall there go at, which I do; the time being run out, comes a Protest from Amsterdam for Non-payment, with their Exchange of the Mony from Amsterdam to London; all which with Costs I must repay him here in London for the Mony he lent me.
Feigned Exchange.
FEigned Exchange, is, when I ow a Banker Monies, and have none at present to pay; I desire time, the Banker grants it me; but I am to pay him his Mony by Exchange at the time at Rouen, yet we are agreed between our selves, that if I pay it him here in London at the time, then I am free, otherwise I am bound as above. In the interim, the Banker writes to his Friend at Rouen, that against such a time he send him from thence a Bill of Exchange for the like Sum; feigning that he oweth it him there. After the time is expired, comes a Bill of Exchange from Rouen, to pay here so much as he owed there, with the Rechange; all which the Banker puts to my Accompt, and per our Agreement will force me to pay, in case I do not pay him here at the time agreed upon.
Petty Exchange.
PEtty Exchange, is, the Changing of one sort of Mony for another, as to exchange 20 s. in Silver, for 21 s. in Brass or Copper Farthings, and the like.
But these three last-mentioned kinds of Exchanges, I intend not to insist upon in this ensuing Treatise, in regard they are not so commendable as the Real Exchange, nor (as I conceive) much practised in these parts.
PAIR.
PAir (as the French call it) is to equalize, match or make even the Mony of Exchange from one place with that of another, when I take up so much Mony per Exchange in one place, to pay the just Value thereof in [Page 6]other kind of Mony in another place, without having respect to the price currant of Exchange for the same, but only to what the Monies are worth, and do currantly pass for in each place; according whereunto is easily found out the Profit and Loss, which from time to time is made in whatever Parcels of Mony drawn or remitted by Exchange: and it is likewise delivering Mony at Pair, when there is received in one Town just so much Mony as was delivered by Exchange in another Town; as when I deliver by Exchange 100 l. sterling at York to receive 100 l. sterling at London, which is done only by the Loss of time.
For what Parts the Exchange is made.
THE Price of Exchange of Monies from one Country to another is usually made from and to the most eminent Cities or Towns, in each Place or Country where Commerce and Trade is held between Merchants in Exchange of Monies; and the Trade ceasing at any Town, the Price currant for Exchange for that Town ceases with it: As for instance, when the English Merchant-Adventurers had their Factors and Company at Delft, then there was a Price currant of Exchange from London to Delft; but the Company removing from Delft to Rotterdam, where they are at present, there is now no Price currant of Exchange from London to Delft, but from London to Rotterdam.
Upon what the Exchange is valued.
NOW most Countries using several kinds of Monies, different in Value one from another, the Exchange is valued or rated upon some one certain, most considerable Species or sort of Mony for each Country or Town as followeth;
The Exchange of Monies from London to Antwerp, Amsterdam, Middleborough, Lisle and Rotterdam, is usually accounted and valued on the Pound sterling of 20 s. English Mony; that is to say, to pay after the rate of so many Shillings and so many Pence Flemish Mony for every Pound sterling: the Exchange from London to Hamburgh is on the Pound sterling to pay so many Shillings and Pence Hamburgh Money per Pound sterling, which differeth something from the Flemish Mony: The Exchange from London for Paris and Rouen is valued on the French Crown; that is, to pay so many Pence and so many parts of a Peny sterling for every French Crown. The Exchange from London to Venice is made on the Ducat, so many Pence and parts of a Penny sterling for every Ducat. And the Exchange from London to Legorn is made on the Dollar or Piece of Eight, to pay so many Pence and parts of a Penny sterling for every Dollar; and these are the most usual Places, for which there is a Price currant of Exchange at London at present.
The PAIR of several Countries.
THE Pair at Antwerp, Amsterdam, Middleburgh, Lisle and Rotterdam, with our Pound sterling, is 33 s. 4 d. Flemish to a Pound sterling, which 33 s. 4 d. Flemish do make 10 Gilders, at 2 s. sterling the Gilder, or 10 Livres Tournois.
Pair at France.
THE Pair at Paris, Rouen, and other Parts of France with our sterling Mony is at 71 Soulz the Crown, or 6 s. sterling the French Crown of 3 Livres Tournois, which 3 Livres make 6 s. sterling, every Livre at 2 s. sterling, and every 10 Soulz French rekoned at 12 d. sterling.
Pair at Legorn.
THE Pair at Legorn with our sterling Mony is at 4 s. 6 d. or 54 d. per Dollar or Piece of Eight.
Pair at Venice.
THE Pair at Venice with our sterling Mony is at 6 Livres and 4 Soulz of Venice per Ducat, or 4 s. 3 d. or 51 d. sterling per Ducat.
Pair between Antwerp and Paris, or any part of France.
THE French Crown of 60 Soulz, or 3 Livres Tournois, wherein Exchanges are usually made for France, is worth 89 31/67 gross of Antwerp, which is indeed the true Value of the Crown. If then the Bill of Exchange be made for less than 89 37/67 gross per Crown of 3 l. Tournois, there is a Loss thereby, and if for more there is a Gain. So that 89 37/67 gross being the Pair in Exchanges between these two Countries, in the Crown of France, and the Gross of Antwerp, you may presently see whether there be Loss or Gain by any Parcel done by Exchange. And the like may be done between any other two Places, having first found out the Pair or equalizing the Mony of one Country with that of the other Country where the Exchange is to be made, and knowing at what Price the Exchange then goes, the Loss or Gain will soon appear. But this Pair being grounded principally upon the currant. Value of Coins, the Plenty and Scarcity thereof, the rising and falling, Inhancement and Debasement of the same, it must necessarily follow that the same is subject to change, as Experience doth shew.
Hamburgh Pair.
TWenty Shillings sterling for Hamburgh at Pair is wont to be reckoned four Rix-Dollars, which makes Flemish 33 s. 4 d.
Receive your Mony before you part with your Bill, by Assignment to receive the Mony elsewhere.
WHen a Bill of Exchange is due, and the Party to whom it is payable, or his Servant comes for the Mony to the Party who hath accepted the Bill, and ought to pay the same, demanding Payment thereof; and he writes him a Note to go to a Goldsmith, or to such a Place to such a Man, and there orders the Mony to be paid: Or that he gives him another Bill of Exchange due upon another Man, and sets his Name on the Backside thereof, leaving some space above his Name to make a Receipt for the Mony, as is usual; I would advise the Party, who is to receive the Mony, to keep his Bill (I mean the first mentioned Bill of Exchange) in his Custody, till he hath received his Mony by Assignment, as above, and then he may either leave his Bill with the Goldsmith, or Party of whom he hath received the Mony, or else he may carry the Bill back to the Party that gave him the Note or other Bill of Exchange to receive the Mony by, according as he shall order him: But I should not advise to part with the first-mentioned Bill, and to give it up to the Party upon whom it is drawn, upon the Receipt of his Note or other Bill of Exchange for the Mony, till such time as he be actually possessed of his Money. I know the contrary is sometimes practised, namely, upon the receipt of such a Note, &c. to give up the Bill of Exchange, but then here is the Inconvenience, If the Mony be not presently paid me at the time, upon such Note, &c. I am hindred from protesting my Bill of Exchange, which I have deliver'd up as satisfied, and so, whereas I before had both the Drawer and Accep or bound (and it may be the Endorsers also) I have now only the Acceptor, upon his singlesol'd Note, &c. And if the Acceptor, or Party on whom my Bill is drawn, in this Case of Assignment, will not trust me with his Note, &c. whereby to go to receive my Mony, I have less reason to trust him with my Bill of Exchange before I have my Mony; for, should I receive my Mony upon his Note, &c. and afterwards not deliver him up his Bill of Exchange, if I am a solvable Man, and of known Residence, his Bill will do me little good, for the Payment will appear upon the Testimony of the Goldsmith, or Party that paid the Mony upon the Note, &c. but if I deliver up my Bill upon the receipt of his Note, &c. and then have not my Mony, I must rest only upon him for my Mony, and dance after his Pipe, which I hold not convenient; only I concieve it good for the Party that makes such a Note, to mention in it the Party's Name to whom the Mony is to be paid, and upon Payment of the Mony, to take up that Note and Bill of Exchange, and then there can be no Danger: But suppose I give such a Note to receive the Mony by, not mentioning in it to take up my Bill of Exchange, the Party to whom I give this Note, receives the Mony, assigns his Bill of Exchange, which he hath on me, to another Man, and plays the Knave and absents himself; Cannot this other Man sue me for the Mony on my accepted Bill? I answer, he can, and therefore it is good to know the Party to whom I give such a Note, and mention in my Note, that upon payment of the Mony, the Goldsmith, &c. do take up my Bill of Exchange with that Note. But now if he give me another Bill of Exchange to receive my Mony by, and I go to the Party to whom it is directed, and he do not presently pay me, (it being the third day after the Bill is due) I ought presently the same day, and in convenient time of the day, to carry bank the Bill to the Party of whom I received it, that so he may cause the same to be protested for Nonpayment if he please, and may not be any ways prejudiced through my Detention of his Bill beyond the due time; And usually the Party of whom I do receive such a Bill to go for my Mony, doth give me order, in case I have not my Mony paid me, either to bring him back the Bill again, or else to carry it to a Notary to be protested, and come to him and he will pay me, which if he do not, and that it be the third day of my Bill, I must likewise protest it against him for want of present Payment.
Several Forms of BILLS OF EXCHANGE in several Languages.
Laus Deo, in London, this 16 of Novemb. 1654. for 100 l. sterling.
AT six days sight pay this my first Bill of Exchange to Mr. Abraham P. or Assigns one hundred pounds sterling, for the value here received of Mr. John D. make good payment, and put it to Account as per Advice
Laus Deo, in London, the 16 of November 1654. for 100 l. sterling.
AT six days sight pay this my second Bill of Exchange (my first not paid) to Mr. Abraham P. or Assigns, one hundred pounds sterling, for the value here received of Mr. John D. make good payment, and put it to Account as per Advice.
If he who under-writes the Bill is to make himself Debitor, then he writes in the Bill, And put it to my Account; but if he who ought to pay it, and to whom it is directed, is Debitor to the Drawer, then he writes And put it to your Account: Also sometimes it is expressed in the Bill thus, And put it to the Account of such an one.
Laus Deo, in London, this 17 of Novemb. 1654. for 100 l. at 36 s. 8 d. Flemish per pound.
AT Usance pay this my first Bill of Exchange to Mr. Cornelius Vande B. or Order, one hundred pounds sterling, at 36 s. 8 d. Flemish per pound sterling, for the value here received of Mr. John C. make good payment, and put it to Account as per Advice.
The second Bill is the same with the first, only with this Alteration and Addition.
At Usance, not having my first, pay this my second Bill of Exchange to Mr. Cornelius Vande B. or Order, &c.
Laus Deo, in London, adj. 17 Novemb. 1654. for 333¼ ▿. at 52 d. sterling per ▿.
AT double Usance pay this my first Bill of Exchange to Mr. Robert A. or Assigns, the Sum of three hundred and thirty three Crowns and [...] third, for the value here received of Mr. Henry B. and put it to Account as per Advice.
Laus Deo, in London, adj. 17 Novemb. 1654. for D ts. 564¼ at 51 d. ½ sterling per D t.
THree months after date pay this my first Bill of Exchange to Mr. Daniel A. or Order, Ducats five hundred threescore and four and one quarter in banco, for the value here received of Mr. John B. and put it to Account as per Advice.
Ihus Malaga 13 Noviembre, 1654. A. Son 132 l. 7 s. 6 d.
A Quarenta dias Vista pagara V. M. por esta mi teroera no aviendo pagado por la pri mera y segunda ala Voluntad de Diego P. Ciento treynta y dos libras siete sueldoi y seis peniques esterlinus Valor aqui recevida de Henrique G. y [...] sutiempo ara V. M. buen pago a sentandolas come a viso Xpto con todos.
Adj. 18 Augusti, 1654. in Venetia D t. 1000. a d. 54 per D to.
AUso pagate per q a. p ma. di Cambio alli SS ri f. de V. & figli d'Ham •. (o) chi ordinerann [...] D ti. Mille a d Cinquanta quatre per D to. valuta Cont mi. e ponete Come vi s'avisa a dio.
The Assignment on the backside is thus.
ET per noi pagate il contenuto diquesta senza aitra procura al Sr. Gio. W. Cambiati con Sr. Francisco R. Hamburgo 28 Augusti, 1654. per F. de V. & figli.
Livorno, the 21 Novemb. 1654. per L. 239—13—9 sterl. at 59 d. Dollars 975.
THree months after date of this my first Bill of Exchange, my second or third not being paid, pay unto Mr. William G. or Assigns, the Sum of two hundred thirty and nine pounds, thirteen shillings and nine pence sterling, for the value received here of Mr. Thomas W. placing it to Account as per Advice.
Amsterdam adj. 27 Octob. 1654. Voor 100 l. sterl.
OP uso betaelt desen myne eersten wisselbrief ten Sr. Jan E. ost ordre Hondert ponden sterlinex Valuta Van Sr. Robert G. stelt op myn rekeninge als per advys,
A Paris Ce 10 Juillet 1654. pour 450, ▿ a 52 d. sterl. per ▿.
A Double usance payez per ceste premiere de change a Monsr. Paul M. ou a son ordre quatre Centz Escus a Cinquante deux deniers sterlins pour Escu, valleur receu de Monsieur Franceis L. & passez a compte suivant l'advys de,
If there be an Assignment on the backside thereof, it runs thus;
Le Contenu de ceste payez au Sr. Pierre H. ou ordre valleur du Sr. Jean C. Paris 26 me Novembre 1654. Paul M.
Rotterdam, 2 Oct. 1654. for 200 l. sterl.
AT double usance pay this my first of Exchange to Mr. Roger C. or Assigns, Two hundred pounds sterling for the value received of himself, and put it to Account of G. P. as per advice.
If this Bill be negotiated by Exchange, or the Mony taken in, and so to be Assigned over to another man, the Assignment must be written on the backside of the Bill thus,
Pay the Contents on the other side hereof to Mr. Humphery N. or Assigns, value of Mr. Joseph B. Rotterdam 4 Oct. 1654. Roger C.
But if Humphry N. do likewise assign the same Bill for his Account, then he writes only thus,
Pay the Contents hereof to Mr. John D.
Humphery N.
Take up Mony for another Man, how performed.
IF a man would take up mony by Exchange, and he be not well known to the Party that is to deliver the Mony; or if the man that world take up the Mony by Exchange be not esteemed of sufficient Credit for the same with the Deliverer; and thereupon if the Deliverer of the Mony shall desire another man to be bound with the Taker for the Mony that is to be delivered by Exchange, and to be his Surety, and engage himself for the Mony delivered; this may be done two manner of ways: For first, either the Party who is the principal Taker, may make three Bills of Exchange, first, second, and third, all of one tenor and date, for the Mony he is to take up, in the usual manner, payable to the Party who is the Deliverer of the Mony, or to his order, for the value received of himself; and the Party who is to be bound as Surety, may only subscribe the third Bill of Exchange with the principal Taker or Drawer, which third Bill the Deliverer may keep by him for his security: Or else secondly, only two Bills of Exchange (first and second) may be made and subscribed by the principal who takes up the Mony, payable to him who is to be the Surety, or his order, for the value of himself, and then the Surety must make an Assignment upon both Bills of Exchange, and make them payable to the party who really and indeed doth deliver the value to the principal Taker, or to whom the same Deliverer of the Mony shall appoint, the Surety in the Assignment confessing the value received of the true and real Deliverer of the Mony; and in either of these ways, especially in the former of them, the principal is wont to give Bond to the Surety (if he desire it) to save him harmless, according to reason: And both of these ways are good and Merchantlike, though acted variously; for by the former way the Deliverer of the Mony hath two Men equally bound unto him (by the third Bill) of whom they do confess to have received the value, and he that is properly but the Surety hath not the principal taker or Drawer of the Mony bound unto him in or by those Bills of Exchange, but only by his Bond which he doth make thereupon; but by the latter way, only the Surety is bound to the Deliverer of the Mony by the Assignments which are to be made upon the Bills of Exchange; and the principal Drawer is bound to the Surety by the Bills of Exchange which only the principal doth subscribe, and wherein he doth acknowledge the value received of the Surety, as is before expressed; and in this latter way, if in case the Bill be not accepted, and paid according to the tenor thereof, then the true Deliverer of the Monies comes upon the Surety by virtue of his Assignment, for repayment, and the Surety comes upon the Principal by virtue of the Bill of Exchange by him subscribed, as above. I shall not prescribe either of these ways unto any, but shall leave it in the choise of every Merchant to follow which of these two ways he liketh best, and may sute most to his occasions.
Note in your Book the name and place of abode of him who presents a Bill to be Accepted.
IT happeneth often in Foreign Bills of Exchange, that they come payable either to the same Party that did deliver the value, or to his order; or else to some other body living beyond the Seas, who usually doth send the first Bill of Exchange to some Friend of his here in London, only to get accepted, and then to return it him again, that so, being accepted, he may the better negotiate the same Bill of Exchange again, and take in the value thereof, and make an Assignment for the same, either on the accepted Bill, or on the other Bill of the same tenor, not accepted, according as occasion shall be: Now, if an Assignment do come on the second Bill, payable to another person, without order where to take up the first accepted Bill; this second Bill being presented to the Party on whom it is drawn, to be accepted, he doth deny acceptance thereof, alledging that he hath already accepted the first Bill, but he doth not know to whom, or in whose hands the same first accepted Bill doth remain; and thereupon the Party which hath the second Bill, wanting acceptance thereof, doth cause Protest to be made for nonacceptance; for prevention whereof, and that each party may receive all due content, as is fitting, I would advise all Merchants that have such Bills of Exchange presented unto them to be accepted, to note down in their Books the name of the party by whom the said Bill is presented unto them to be accepted, and his place of abode, that so, if in case the second Bill be also presented unto them by another party to be accepted, the party on whom it is drawn, and who hath already accepted the first Bill, may give answer to him who shall present the second Bill to be accepted, and acquaint him to whom he hath already accepted, and acquaint him to whom he hath already accepted the first Bill, and where he liveth, that so the same may appear to be real, and remove scruples or doubts, which otherwise may arise therein; this I conceive is not yet generally practised and observed by all Merchants trading in Exchange, because not commonly known, but it is Merchant-like, and I have seen it practised by some Merchants here in London, and I perswade my self it will be willingly embraced by all those that mean honestly and endeavour after plain dealing, which cannot but redound to their credit.
Keep Copies of Bills sent to get accepted.
AS it is commendable (and for the avoiding of doubts, which otherwise may be occasioned) for the party on whom any Bill is drawn, to take notice where the party liveth that presents him the Bill to be accepted, which may be easily done, as I have heretofore shewed; so on the other side, when such Bills of Exchange are sent unto any one to get accepted, I advise the party to whom they are sent, upon receipt of his Letter, with the Bills of Exchange, presently to take a Copy of the Bills, verbatim, in a Book, which he may keep purposely for such occasions, especially to write down the Names of the several Parties on whom they are drawn, or to whom they are directed, before ever he go about to get them accepted; I confess it is a little pains, and may seem at first hearing useless, but if maturely considered, the benefit will countervail the labour; for by keeping Copies of all Bills of Exchange that do come to my hands, I can always see who are usual Drawers and Deliverers of Mony by Exchange, in those places from whence the Bills do come; and if the Bills come from France or Italy, I can know how the Exchange went then at those places; but especially, if the Bills are sent me only to get accepted, and then to return them, this Copying of the Bills of Exchange, verbatim, in a Book, before you send or deliver them out to the several Parties to whom they are directed to be accepted, is very useful, thereby to remember where, and to whom you are to call for your Bills again, and to see what Bills you want, which you have delivered out to be accepted, for otherwise you may chance to forget (when the Bills are out of your hands) to whom they were delivered to be accepted, and so be put to a non-plus, when you are to return your Friend an answer, and to give him an account of all those Bills which he sent you to get accepted, especially if you have many Bills sent you at one time: It happened once (as I have heard) that a Merchant had 7 or 8 Bills of Exchange at one time sent him to get accepted, and he accordingly did deliver them out to the several parties on whom they were drawn, to be accepted, but when he was to write his Friend an answer, and return the Bills which were sent unto him, he did miss one of them, and could not in a good while remember with whom he left it, or to whom it was sent to be accepted, because he had not kept any particular notice thereof, which put him to some trouble to recollect himself, and to study where he had been, and with whom he had spoken, and what he had done from time to time, from [Page 11]the time he received the Letter with the Bills of Exchange until that instant, and at length he did call to mind the name of the Party on whom the missing Bill was drawn, and so sent to him, and had the Bill of Exchange accepted; but before he could remember the party, he was in much perplexity, whereas if he had kept Copies of the Bills, or a breviate or Note of the places, dates, sums, times of payment, drawer, and party to whom directed, such perplexity of mind might have been prevented.
Make the Directions of Bills on the inside.
THE Directions of Bills of Exchange is made by the Italians and Dutch usually on the backside of the Bill, and the English in their Outland Bills do (for the most part) writ [...] after their Copy, but the French do ordinarily write the Direction of their Bill of Exchange in the inside of the Bill beneath on the left hand thereof; and for my part, I conceive it more convenient to write the Direction of Bills of Exchange under the Bills on the left hand, according to the custom of the French, and of our English Inland Bills, than on the middle on the backside, as Italians and Dutch do use to do; for the paper being but little on which a Bill of Exchange is usually made, if the Direction be on the backside, there remaineth small place to write Assignments upon, and a Receipt for the Mony, when paid; whereas if the Direction be written on the inside of the Bill, all the outside of the Bill may serve to write the Assignments, (which many times, especially in Outland Bills, are three or four upon a Bill) and the Receipt for the Mony, when it shall be paid, the spare place on the inside of the Bill serving only to write the Acceptance.
Whether a man is bound to present his Bill to be Accepted.
THere are some which hold an Opinion, that a man having a Bill made payable unto him, is not bound to get it accepted, or to Protest for non-acceptance, but that he may keep the Bill by him, and never present it to the Party on whom it is drawn, until the Bill be due; and that it rests at his pleasure, as arbitrator, whether he please to endeavour to get acceptance of the Bill so soon as it comes to his hands or not: To this I say, That according to the custom of Merchants here in England, if I have a Bill of Exchange sent unto me, I ought forthwith upon receipt thereof, or so soon as convemently I can, to present the same to the Party on whom it is drawn, or leave notice thereof at his dwelling-house or place of abode, and demand acceptance of the Bill, to pay at the time therein limited, that so the Party on whom it is drawn may take notice thereof, and order his business accordingly: True, will they say, if a Bill be sent to me to receive the Mony for another mans Account, and I to whom the Bill is sent, am but as a Factor or Agent for the Party who delivered the value, then indeed I am to use my diligence to get the Bill accepted, and to give him advice thereof with the first, because I am but as a Servant for another man, and reason teacheth that I must follow his order, and use all lawful endeavours for his security; but what if the Monies which are delivered by Exchange are my own Monies, and the Deliverer be my Factor or Servant, and the Bill be payable to me? In this case, may not I chuse whether I will demand acceptance of the Bill, and upon refusal Protest for nonacceptance, or keep the Bill by me, and never present it to the Party on whom it is drawn, until the Bill fall due, and then go and demand the Mony; and if the Mony be not paid Protest only for non-payment, and upon that Protest recover upon the Drawer as well as if I had protested for non-acceptance, and sent it back to my Factor or Servant? Truly, in this case there seemeth to be more reason, why it should be arbitrary in me to get acceptance of the Bill of Exchange, because the Monies which were delivered are my own Monies, and the accepting of the Bill is but as another string to the Bow; but if we examin the business a little further, neither in this case will it be found arbitrary in me to endeavour acceptance or not: for admit the Monies remitted are mine own, yet must I receive it in a legal way. I cannot receive my Mony of the Party on whom the Bill is drawn before it be due, neither can I without discharging the Drawer contract with the Party on whom it is drawn for a longer time than is mentioned in the Bill; so that although it be mine own Monies which are remitted, yet I am tyed to follow the custom of Merchants, and I must not prejudice neither the Drawer, nor the Party on whom it is drawn, nor mine own Servant or Factor the deliverer. Now if the Bill is drawn at double usance, and I keep it by me without presenting it until it fall due, the Drawer in all that while, not having any advice whether it be accepted or not, may suffer much damage in reference to the Party on whom it was drawn, supposing him to have accepted the Bill: Or on the other side, the Party on whom the Bill is drawn may suffer in his credit or esteem with the Drawer, who is held in doubt whether the Bill be accepted or not, and so whether probably it will be paid or not at the time; and the Deliverer (though only a Factor or Servant) [Page 12]must have advice whether the parcel be accepted or not, to govern himself accordingly, and doubtless will be glad to hear the parcels he remitteth are accepted, and be troubled at the contrary; wherefore although the Monies are remitted me for mine own Account, yet because the Bill of Exchange doth concern other men as well as my self, therefore I ought to have respect unto them also, and to follow the usual course of Exchange, which is, to endeavour to procure acceptation of Bills of Exchange, as well as payment; and indeed, in the very Letter of Advice, which is sent by the Deliverer of the Mony (be he Servant, Factor or Principal) to the party to whom the Bills are made payable, it is usually expressed in these or the like words; Sir, here inclosed I do send you four Bills of Exchange for 500 l. viz.
- 20 Nov. 100 l. per Arthur A. at do. uso. on Roger G.
- Ditto 100 l. per Joos D. at do. uso. 10 days on Gregory N.
- Ditto 150 l. per Arent B. at 1½ uso. on William M.
- 22 Do 150 l. per Jac. C. at do. uso. on Frederick V.
whereof please to get acceptance, and payment at the times when fall due, giving advice. Now certainly all Merchants are bound to follow Order, and consequently to endeavour the acceptance of all Bills of Exchange in the like kind sent unto them, or else they break the order of the party which sends the Bills.
Whether the Accepter is freed by protesting.
A Bill of Exchange which is accepted, and at the time not punctually paid, there are other some that think, if they should cause a Protest to be made on such a Bill for non-payment, that they by protesting should free the party who hath accepted the Bill of Exchange, and that they do reserve their right only against the Drawer of the Bill to recover upon him by virtue of the Protest. To this I say, It is true, by protesting the Drawer is liable to make satisfaction, but the party which accepted the Bill is so far thereby (I mean by protesting for want of present payment) from being freed, as that he is thereby made more liable, or at least liable to pay more than he was before the Protest was made; for then he was only liable for the just sum mentioned in the Bill, but now after Protest is made for non payment, he is liable also to pay all costs, dammages, and interests, &c. which the party protesting doth by his Protest expresly declare, he doth intend to recover of the Acceptor in usual manner; and indeed, a Protest for non-payment ought usually to precede an action at Law: For by the Protest is proved default of payment of the Mony at the time limited in the Bill, and so the Acceptor becomes liable to an Action of the Case, and so soon as ever Protest hath been made for non-payment, the party accepting may be arrested thereupon, which before he could not so legally have been.
Times of Payment, and in what Species.
EVery Country hath its usance, or accustomed time for payment of Monies by Bill of Exchange from one place to another: As for instance; from London to Antwerp, Amsterdam, Middleborough, Rotterdam, Lisle, Rouen and Paris, usance is one month after the date of the Bill, and so likewise from those parts to London usance is one month after date, double usance is two months, &c. and between Hamborough and London, Monies are usually delivered at two months, and in the Bills of Exchange for Hamborough they do usually express double usance, when they intend only two months. From Venice and other parts of Italy, to Amsterdam, &c. and from thence to Italy, usance is two months; from Venice, &c. to London, usance is three months; and at Lions and some other places they do usually make their Monies pavable at certain Marts or Fairs; and here in England at so many days sight, each place observing its accustomed manner; and in some places likewise they contract for what sort of Mony to pay, either currant Mony in bank, or out of bank, which is sometime 1, 1½, or 2 or more per Cent. difference; This is very expedient to be known, to the end that he which doth deliver his Mony by Exchange for any place, may not be deceived in his expectation, as well concerning the time, as for the quality of the Mony which is to be paid in Exchange for the Mony which he delivereth.
Danger in making Bills payable to the Bearer.
NEver make your Bills of Exchange payable to such an one (naming his name) or to the bearer hereof, which is very dangerous; but always make your Bills payable to such an one, or his order, or his Assigns, or the like: For a Bill which shall be made payable to Robert W. or the bearer hereof, may chance to miscarry, or come to a wrong mans hands, and he may go and receive the Mony upon such a Bill, and the party to whom of right it ought to be paid never the wiser, I mean, not know of it; and he that paid it will produce the Bill it self for his warrant to pay it to whomsoever should bring it: so you may chance to be defeated of your Monies, and it may be your Friend on whom you drew the Bill be suspected by you to have had a hand in the business, though it may be, [Page 13]he never had any such thought, but paid it really to the party that brought the Bill, not knowing him, nor ever enquiring where he dwelt, or what he was; and if you will needs have your Friend bear some blame for paying the Monies in that manner, you must bear the greater blame, and thank your self for giving such an order; for he hath performed your order, and so you can have nothing against him, unless you can prove a fraud in him; but to prevent all such suspicion, always make your Bills payable to a certain man by name.
The Names and Times of Old and New Stile, though both agreeing, yet how distinguished.
THE computation or stile of the year of our Lord amongst Christians doth differ in several Countries and Nations, both in name and time: First, in name; There is the Julian or English Account, which amongst Merchants is called stilo veteri, or old stile; and there is the Gregorian or Roman Account, which amongst the Merchants is called stilo novo, or new stile: The old stile is used with us in England, and at Hamburg, Strasburg, and other parts of Germany; the new stile is used in the Netherlands, France, Spain, and most parts of Christendom. Then for matter of time; We in England begin our year the 25 day of March; they in the Netherlands, and other places where they write new stile (except at Venice and some parts of Italy) begin their year the first day of January: Or, as Dr. Vilvain saith, Christians in general, do reckon from Christ's Nativity currant January 1. but the Church of England (with Pisa and Siena in Italy) from his Conception or Incarnation March 25. we taking it complete or consummate, when he had been a whole year in the flesh, though but three months old: They currant or inchoat from the first day of Conception, (as Kings reckon from their Initiation) so they date nine months before the Vulgar, and a whole year before Us, which is a difference in the manner, but all equally true for the matter; and the very stile distinguisheth the form, for our term is Anno ab incarnatione, implying complete, theirs Annus incarnationis, implying currant; Pisa and Siena stile this year Annus incarnationis 1655. we ab incarnatione 1654. but all else call it Annus nativitatis 1654. commencing at Christ's Circumcision last past: So that though in Italy they write new stile, which is ten days before Us, yet they begin the year the 25 of March as we do.
No witness to a Bill of Exchange:
SUch is the excellency of a Bill of Exchange, that according to the Law of Merchants, there is never any Witnesses required to be present to see the Drawer or Party, that doth underwrite the Bill, subscribe his name thereunto, or to be present when the party on whom it is drawn doth underwrite his acceptance thereof; for it is supposed, that those which deal by Exchange are men of Credit, whom it doth as much concern (in reference to their Credit) of their own accord to acknowledge their subscriptions, and take care the Bills be punctually paid and discharged, as it doth the Deliverer, and Party to whom it is payable to look after their Mony, and demand payment at the time: And if it should otherwise happen, that the Drawer or Accepter should presume to deny their Subscription, it may be easily proved against them by their Letters, in comparing the one with the other, and by the consequences of the draughts and books of Account, and by divers other Circumstances, which case doth seldom or never fall out, I mean, for a man to deny his hand to a Bill of Exchange; because it strikes at his Credit, and is so poor a shift, as that he can hardly find any wool to cover it; and if he should be so unadvised as to stand it out, and it be prov'd against him (besides other damages) he will lose his Credit amongst Merchants for ever: and then though he may know them, yet they will not know him further than they know his Mony.
Hamborough and Strasburgh stile.
AT Hamborough and Strasburg in Germany they do write the same stile with us here in England, namely old stile; but in all other parts beyond the Seas (except New England, Barbadoes, and where our English Plantations are) they do generally write new stile, which is ten days before us.
Usance from Venice, Hamborough, &c.
NOte also, that usance from Venice to London is three months from the date of the Bill of Exchange, and from Hamborough to London, and so from London to Hamborough Bills of Exchange are usually made payable at two months after the date of the Bills, and accordingly the price currant of Exchange from London to Hamborough is valued and set down at two months from the date; the price currant from London to Venice and Ligorn at three months, and for Antwerp, Amsterdam, Middleborough, Lisle, Rotterdam, Paris, and Rouen at one month, or [Page 14]single usance; and so we call one month, usance; two months, double usance; three months, treble usance.
No three days for acceptance.
WHen any Bill of Exchange is sent unto you from beyond the Seas, or from any Inland Town, to cause to be accepted, I would advise you presently to present the Bill, so soon as possibly you can, to the party to whom it is directed, and request him to accept the same; if he refuse to accept it, you may presently cause a Protest to be made for non-acceptance, and send it away with the next conveyance; for (according to the custom of Merchants in London) there is not any three days respite to be allowed for acceptance before you can Protest, but so soon as the Bill hath been presented and acceptance refused, presently you may Protest the very same day.
Twenty four hours for Acceptance.
BUt if the party, to whom the Bill of Exchange is directed, be a Merchant well known unto you, and when the Bill is presented him to accept, he shall desire time to consider on it, and so shall intreat you to leave the Bill of Exchange with him, and to come to him the next day, (provided the Post do not go away in the interim) and that then he will give you an answer whether he will accept it or not; herein he doth demand nothing of you but what is usually allowed between Merchants known one to another: For according to custom of Merchants, the party on whom the Bill is drawn may have four and twenty hours time to consider, whether he will accept of the Bill or not; but that time being expired, you may in civility demand of the party on whom your Bill is drawn, the Bill of Exchange which you left with him to be accepted, if so he pleased; If he then say, that he hath not as yet accepted it, and that he would desire you to call for it some other time, or the like, (the four and twenty hours being expired) it is at your choice to stay any longer or not; and you may then desire a Notary to go to the dwelling house of the party that hath the Bill, and demand the Bill of Exchange of him accepted or not accepted, and in default of present delivery thereof, you may cause Protest to be made in due form.
But though this may be lawfully done, yet notwithstanding amongst Merchants which do know one another, they do not usually proceed so strictly for acceptance, but do leave their Bills with the parties to whom they are directed (to be accepted) sometimes two or three days, if it be not their prejudice, as namely, if the Post do not depart in the interim, but if the Post is to depart within the two or three days, then it is a very reasonable thing (and which men that know the custom of Merchants will not omit) to demand their Bill, accepted or not accepted, that so they may give advice thereof by the first Post (after the receipt of their Letters) unto their Friend who sent them the Bill, or delivered the value thereof: For it is to be noted by the way,
Give advice by the first Post.
THat advice of the receipt of Bills of Exchange, and of the acceptance or not acceptance, and payment thereof, ought to be given by the first Post after receipt, that thereby the Deliverer may know the better how to govern himself, and the Taker know what to trust unto.
A Bill drawn on two Persons.
IF any Bill of Exchange shall come directed unto two or more persons, in these terms, To Mr. Robert A. and Mr. John B. Merchants in London: In this case, both A. and B. ought to accept the same Bill: Or else if but one of them do accept it, and the other do refuse to accept, that Bill must be protested for want of due acceptance; but if the Bill do come directed thus, To Robert A. and John B. or to either of them: Or thus, To Robert A. or in his absence to John B. in this case, the Bill being accepted by A. or B. namely, by but one of them, it is sufficient, and the Bill ought not to be protested for want of due acceptance, in regard (being accepted but by one of them on whom it is drawn) it is accepted according to the tenor of the Bill.
Verbal Acceptance.
IF a Bill of Exchange be presented to the party to whom it is directed to be accepted, and he do answer you thus, Leave your Bill with me and I will accept it: Or thus, Call for it to morrow and you shall have it accepted, or such like words promising acceptance; such an acceptance is binding, and amongst Merchants is taken for an acceptance of the Bill, if the same can be proved by witness; and if afterwards he to whom the Bill is directed shall refuse to set his name to the Bill, and to write under it, Accepted by me Richard D. according to the most usual manner here in England; In this case the party to whom the Bill is payable may content himself with such an acceptance until the time of payment, and then, if payment be not made by the party who promised acceptance thereof, as is before specified, the party to whom it is payable may take his course in Law against the party so accepting, and questionless will be compelled [Page 15]to the payment thereof, provided the Bill be first protested in due form for non-payment; and surely such a verbal acceptance is good and binding, and there is a great deal of reason for it; for it may so be that that Bill of Exchange was drawn for provision to the party to whom it was payable, to the end to pay some other Bill of Exchange charged and drawn on the party to whom the former Bill was payable, and he having such a verbal promise of acceptance, upon confidence therefore may chance to have accepted the other Bill drawn on him: Or, it may be, the former Bill was sent him to furnish him with Monies to buy some Commodities for the party that remitted the same, and upon such a verbal acceptance, supposing the Monies will be paid him at the time, he may happen to have bought the Commodities for his Friend, and may peradventure have written to his Friend that sent him the Bill, and having given him advice that he is promised acceptance, or that he doubts not of acceptance, or the like, and upon such advice given, his Friend will take notice thereof, and make his account accordingly; and verily if it were not so, namely, that such a verbal acceptance were binding, there might happen great inconveniences in matter of Trade between Merchant and Merchant, amongst whom, in their way of Commerce, their word is, or ought to be, as binding as their writing.
Accept for part.
IF the party to whom your Bill of Exchange is directed, say unto you when you present him the Bill to be accepted, That he will accept it for part, in regard he hath no more provision in his hands from the party for whose account the Bill of Exchange is drawn, or that he oweth him no more upon Account, or other the like reasons best known to himself; In this case you may take such his acceptance for part, but then you presently go to a Notary publick, and cause the Bill to be protested for want of acceptance for the whole Sum therein mentioned, and you must send away that your Protest to the party which sent you the Bill, that he may thereupon have security (from the party which took up the Mony) for the remaining Sum. And so likewise at the time when the Bill shall fall due, you must go and receive the Sum for which it was accepted, and you may make a Receipt upon the Bill for the same, using these, or the like words; Received this 22 January 1654. in part of payment of this Bill twenty five pounds six shillings, I say, Received per me John N. And then you must cause Protest again to be made for non payment of the remaining Sum, and send the same back according as you formerly did for non-acceptance.
Note on your Bills the times when they will fall due.
AFter you have presented your Bills of Exchange, and received them accepted, then presently reckon when they will fall due, and if you have any Bills drawn from France, or Italy, or other parts in French Crowns, Ducats, Dollars, or other outlandish Mony, look in the Bills at what rate or price they are drawn for Exchange of the Mony here in England, and reduce them to our English Mony; and then note on the backside of your Bills, close to the top at one end thereof in short, the time when your Bills will be due, with the just sum which you are to receive at the time according to the tenor of your Bill [...], before you lay them up in your Counting house, to the end that at any time when you would desire to know upon any occasion what Monies you have to receive, and when payable, you may presently looking over your Bills see and know the same on the backside of the Bills, which you will find to be much ease, very convenient, and indeed Merchan [...] like, and I have known it practised by some of the best and most experienced Merchants in London.
Keep or return Bills accepted.
YOur Bills thus accepted, if payable to your self, you may lay up by you in your Counting-house until the time of payment be come, or that you have other use thereof; but if payable to him that delivered the value, or that sent them you to cause to be accepted, then you must therewith follow his order, either in keeping them by you until further order, or in returning them back to be endorsed, and it may be to take in the value thereof himself, which he may likewise do on the second Bill, if he have it by him, and so assign it over to another man, and send you his order to deliver the accepted Bill to some other person who may have the second Bill endorsed payable unto him.
The Deliverer is Master.
FOr you are to take notice, That the party which first delivered the Mony on the Bill of Exchange (if the Monies he delivered were for his own proper Account) is rightly and properly Master thereof until the Bill falls due; and he can or may prohibit the party to whom it is directed not to pay the same at the time unto him to whom the Bill is first made payable, (supposing him to be a Factor for the Deliverer) although the party on whom the Bill is drawn have already accepted the Bill, which prohibition is called a Countermand, and ought to be done in due [Page 16]form, and but upon special sure ground, because it strikes at the Credit of the party to whom the Bill was made payable: As for example, if the Master or principal Deliverer of the Mony do make over Monies by Exchange payable to his Servant or Factor, and do aferwards hear by certain advice given him that his said Servant or Factor doth take ill courses, whereby the Monies and effects which he hath in his hands, or which may come to his hands for account of the principal Deliverer, may be in danger of being mispent or wasted; then and in such case the principal may send his Countermand, forbidding the party to whom the Bill is directed not to pay the Mony to that Servant or Factor, but to some other person, or to keep the same in his hands, when due, until further order, which Countermand must be made and passed before a publick Notary in legal manner, and by a Notary notified to the party that hath accepted the Bill, or that is to pay the Mony, to the end he may not pretend any ignorance thereof, and such a Countermand is good and lawful, according to custom of Merchants, and ought to be obeyed accordingly, if the same be notified in due form and time by a Notary (to the party which hath accepted the Bill) before it be due, and neither the Drawer nor Acceptor can suffer any damage in obedience thereto; but if the time be expired, and the Mony orderly paid before the Countermand come to hand, and be notified as above, in such case there is nothing to be done for prevention of danger, the Bird being already fled; and by this which hath been said, it may appear, that a Bill of Exchange ought not to be paid before it be due, as shall be shewed hereafter.
Usance, what it is, and how to be accounted.
A Bill of Exchange made payable at usance, double usance, or treble usance, is to be understood by usance, if from any part beyond the Seas, (except Hamborough and Venice) one month next after the date of the Bill, and the like of double and treble usance, two or three months to be accounted still from the date of the Bill, (for from Hamborough they usually draw at two months, and usance from Venice is three months as I have already shewed [...]) but I say, always the usance is to be accounted a month from the date of the Bill, let the month fall out how it will, whether it be a month that hath 31 days, 30 days, or 28 days, each month by denomination is a full and perfect usance, for when it is said at usance, it is as much as if it were said one month after the date; now Merchants usually count twelve months in the year, and not thirteen months (as amongst Nurses and the female sex, 4 weeks, or 28 days to a month) neither do we reckon every thirty days a month (if the month have more or less days in it) as some imagine, but a full month by denomination, from such a day of such a month, to the same day of the next month, or from the last day of one month to the last day of the next month: As for instance, A Bill of Exchange dated in Amsterdam the 20th. of December new stile, which is the 10th. of December old stile, payable at usance, will be due the 10th of January old stile; A Bill dated the 15th of June new stile, which is the 5th of June old stile, payable at usance, will be due the 5th of July old stile; and a Bill dated the 10th of February new stile, which is the last of January old stile, made payable at usance in London, will be due the last of February old stile; and a Bill dated in Amsterdam the 9th of January new stile, payable at double usance, will be due in London the 27th of February old stile, as will be made very plain and manifest by the Tables at the end of this Book; and in like manner is to be accounted from any other date for usance, double usance, or treble usance, always reckon from the date of the Bill month after month.
Days sight.
A Bill payable at so many days sight, is to be accounted so many days next after the Bill shall be accepted, or else protested for non acceptance, and not from the date of the Bill, nor from the day that the same came to hand, or was privately exhibited to the party on whom it is drawn to be accepted, if he do not accept thereof, for the sight must appear in a legal way, which is approved either by the parties under-writing the Bill accepting thereof, or by Protest made for non-acceptance; and therefore if a Bill so made payable, be omitted to be presently upon refusal protested for non-acceptance, all that time which shall run out between the private presenting of the Bill and the protesting thereof, is lost time, and not to be accounted as part of the number of days mentioned in the Bill of Exchange, except the party on whom the Bill is drawn, do of his own free will acknowledge to have seen the Bill from the first day it was privately presented unto him.
An accepted Bill lost by the party to whom payable.
IF an accepted Bill of Exchange be lost by the party to whom it is payable, or his Servant, or any other whom he had intrusted with the Bill, I do advise him presently, so soon as he finds the Bill missing, to notifie the same unto the party on whom it is drawn, [Page 17]and who hath accepted the same, that he may take notice thereof, to the end, that if peradventure the accepted Bill be found by a stranger, nothing concerned therein, and he should knavishly come or send for the Mony, or use any indirect ways for the fingering thereof, the party that accepted the Bill may be premonished at his peril not to pay it to the bringer, without the special order of the party to whom it is payable, or that lost the Bill, and this Notification to be made by a Notary that may give testimony thereof, if occasion be, to serve and prevail to the right party to whom the Bill was made payable, or that lost the Bill, in time and place according to reason; and when the Bill falls due, and the time is come for him to go for the Mony, the party which had accepted the Bill is not freed from present payment of the Mony because the Bill is lost; for though the accepted Bill be lost yet he that accepted it is not; and though a specialty may be mislayed and not presently found, yet that doth no ways free the deptor from performing his engagement: Neither must the acceptor think this to be a sufficient answer for him, to say, shew me my accepted Bill and I will pay you, or else I will keep the Mony until you bring me the second Bill, and such like flams, meerly to make use of the Mony a little longer time, thinking that because the accepted Bill is lost, and it may be the second Bill not yet come to hand, that therefore no Protest can be made for non-payment, which is frivoulous and vain, and will prove but a sandy foundation for any to build upon; Nota.For even by the Notifica-which was made to the party accepting, declaring how that the first Bill of Exchange, of such a date, and sum of Mony, from such a party payable to such a one, and drawn on him, and by him accepted, is lost, &c. the acceptor doth thereby tacitly acknowledge, that such a Bill was by him accepted, and so makes himself debtor for the parcel, and thereupon he may (in case of obstinacy) be sued at Law for the Mony without the accepted Bill, and be forced to the payment thereof with costs and damages, and therefore meerly by reason of the loss of the accepted Bill he can have no just cause or plea to detain the Mony beyond the just time from the right party who should receive the same; but only thus, when such an accepted Bill is lost, the party to whom the Bill was payable must give Bond, or other reasonable writing, to the content and good liking of the party that did accept the Bill, and such as in reason he cannot refuse, therein and thereby engaging to save the Acceptor harmless from the accepted Bill which is lost, and to discharge him from the sum the ein mentioned, against the Drawer and all others in due form; and thereupon the party which did accept the Bill ought to pay the same, although he have not in his accepted Bill, for otherwise the party to whom it was made payable must send a Notary to make demand of the said sum upon the same offer of giving Bond to save harmless, as above; and then if payment be refused, the Notary must Protest for want of present payment, and the party that accepted the Bill is liable to make good the damages and costs, he being the wilful occasion thereof, the loss of the accepted Bill being but accidental; and indeed such a Bill being really lost to the party to whom it was payable, and he himself being a man well known, and of good commerce, and such notification being made as above; Nota.(yea, I would advise to make the notification, though I did not miss the Bill till I went for the Mony, and the rather, because I cannot tell what may fall out between the cup and the lip.) I cannot well imagine what loss he on whom it is drawn can be at in paying it at the due time to the right party upon his Bond to save harmless.
Object. Peradventure you will object and say, What if the second Bill comes payable to another man, am not I bound to pay that Bill?
I answer, That can hardly be, I mean, that the second Bill should come payable to another man, if the first be made payable (in the Bill or by orderly assignment) to the party to whom you have paid the Mony: And yet suppose the first accepted Bill which was lost was payable, or assigned to him that lost it, and a second Bill should come assigned to another man, (as I have seen such a thing happen, the honesty of him that did it I will not now dispute) the Mony being really paid at the time when the same fell due to him that had the accepted Bill, and payable to him, and not having had notice of the other Bill until after it be due, the payment on, or according to the first Bill, is good and warrantable.
Ob. But what if the first accepted Bill be afterwards found by any that shall come and demand the Mony in the name of the party to whom it is payable, or that he himself shall have assigned it over to another man, and have taken up the value of him?
An. It is all as nothing, coming after the time, and the Mony having been paid at the time to the party to whom payable, (though without the accepted Bill, it being supposed lost) and having good Bond to save harmless; It will lie on him which hath committed the fraud, and not on the party [Page 18]on whom the Bill was drawn, and hath paid it at the time, who is free from both first and second Bill, and ought to be saved harmless accordingly.
No revoking Acceptance.
IT happened one day, that a young Merchant, though a middle aged man, came to me, and told me, he had few hours ago accepted a Bill of Exchange, and delivered it back to the party to whom it was payable, but that just now he had received Letters of advice, that the party for whose account the Mony was drawn, namely, the Drawer of the Bill, was failed of his Credit, and therefore the Acceptor would (if he could) un-accept the Bill, or make void his acceptance thereof, and desired me to advise him how he ought to do it: To whom I made answer merrily, Sir, pray go to the party that hath your accepted Bill, and tell him as much as you have told me, (if he know it not already) and if he will give you leave to cancel your acceptance of the Bill, (which he ought not to do) then you may be free from your engagement; but for my part I know no other way, for if you cannot recall your word in such case, much less can you make void your deed without mutual consent; for the truth is, a Bill of Exchange being once accepted, that acceptance cannot be recalled, but the acceptor stands liable to the payment, and must make it good if he be able.
Accept for longer time.
IF a Bill of Exchange be made payable at 30 days sight, and the party to whom the said Bill is directed will not accept it but at 60 days sight: Or if the Bill be drawn at double usance, and the party upon whom the same is drawn will not accept it but at treble usance, or the like; that is to say, if the party upon whom the Bill of Exchange is charged will not accept it to pay according to the time therein limited, but for a longer time; In such case the party to whom the Bill is made payable, or his Assigns, must cause protest to be made for want of acceptance of the said Bill according to the tenor thereof, and then he may take the acceptance offered; Or if the Bill of Exchange be left with the party to whom it is directed to be accepted, and he do of his own accord, without the knowledge of the party to whom it is payable, accept the Bill for a longer time, or for a less sum than is mentioned in the said Bill; in either of these cases the party unto whom the said Bill is made payable, or his assigns, must go with the said Bill of Exchange to a Notary, and cause Protest to be made for want of acceptance of the said Bill for the whole sum therein mentioned, or according to the tenor thereof as aforesaid; but he may not let the party blot out his acceptance; Nota.for by his acceptance he makes himself debtor, and owns the draught made by his Friend upon him, whose right another man cannot give away, and therefore cannot refuse or discharge the acceptance; and when the Bill is due, according to the time therein limited, I mean the time mentioned in the Bill of Exchange, the party to whom the said Bill is payable, or his Assigns, must demand payment thereof accordingly, and in default thereof, a second Protest must be made for non-payment; and then he may (in sending away the Protest, but keeping the Bill by him) receive the Mony for which it is accepted, or at the time it is accepted at, unless he have express order to the contrary from the party which did remit the Mony, whose order he ought to follow.
Receive part.
AND if the Bill be accepted to pay but part of the Mony mentioned in the Bill, as is before declared: Or that it be accepted in due form for the whole sum, but when the Bill falls due, the whole sum be not presently paid, then you may receive so much Mony as will then be paid thereupon; and you may likewise make a receipt on the backside of the Bill for so much Mony as you have received in part of payment thereof. But you must presently Protest for non-payment of the remaining sum, according as is already here before declared: and the receiving part of the Monies upon the Bill doth no ways weaken the Bill, or the making Protest for not payment of the remainder, or any legal course to be taken for recovery thereof, either against the Drawer or Acceptor, but it rather strengthens the same, for there will be less behind to be paid, and it will serve to prove it a real debt, in regard there is part thereof already paid.
Bill accepted by another man.
MOreover, if a Bill of Exchange be drawn on John A. and he refuse to accept it: Or if John A. be out of Town, and have left no legal order for acceptance thereof, by Letter of Attorney under his hand and seal, in due form: And that William C. (a Friend of the Drawers) will accept the Bill for honour of the Drawer; In either of these cases, the party to whom the said Bill is payable, or his Assigns, [Page 19]ought in the first place to cause Protest to be made for non-acceptance by John A. and then he may take the acceptance of William C. for honour of the Drawer, for otherwise the Drawer may alledge that he did not draw the Bill on William C. but on John A. and therefore according to custom of Merchants, diligence ought to be first used towards John A. and by Protest legally to prove his want of acceptance: Or else Order and Commission is broken, and so the damage, which may happen for want of having the acceptance of John A. (or his refusal for not having given order) will be put upon him who had the Bill sent unto him to be gotten accepted, for you ought to respect your Friends good as your own.
How to reckon the time.
A Bill of Exchange dated the second of March new stile, which is the twentieth of February old stile (except in Leapyear, which will be then the twenty first of February) payable in London at double usance, will be due the two and twentieth of April old stile, and not the twentieth of April, as some do erroniously imagine, who would deduct the ten days (to reduce the new stile to old stile) at the end of the double usance, and so they would go as far as the second of May new stile, and then go backwards ten days, when of right they should go forwards from the date of old stile, relating to the place where it is payable, and reckon the double usance from the very date of the Bill, thus: A Bill dated the second of March new stile, is the twentieth of February old stile, February having but twenty eight days, (for the twentienth of February old stile is the second of March new stile, even to the very day of the week) so from the twentieth of February to the twenty third of March is one usance, and from the twenty third of March to the twenty second of April there is another usance; and so in like manner, if a Bill of Exchange be dated the tenth of March new stile, which is the last of February old stile, payable at treble usance, such a Bill will be due the last of May in London, and not the twenty eighth of May, as some do imagine, because February hath but twenty eight days. Also if a Bill be dated the eighth of January in Rouen, payable at double usance in London, it will fall due the twenty sixth of February, and if from that date payable at treble usance, it will fall due the twenty ninth of March, as is manifest by the Almanack or Table at the end of this Book; for you must always count your usances from the very date of the Bill, as I have made evidently appear by what hath been before declared concerning usances; And I have seen divers Bill of Exchange which have been sent from beyond the Seas, wherein the Drawers have written the old and new stile both together in the date of their Bills one above another, thus:
- Amsterdam adj. 3/13 February 1654/55 for 200 l. sterl.
- Middleborough adj. [...] March 1654/55 for 150 l. sterl.
-
Adj.
- 27 March 1655.
- 6 April 1655.
And the like, which is very plain and commendable in those that do so write, thereby to make things evident to the capacity of the weakest, and to avoid any further disputes thereupon, although in those Bills of Exchange where the old and new stile are not positively expressed, yet the same thing is intended and meant, and ought to be understood as if particularly set down; for if you have the date in new stile, you may soon see what date it is in old stile: And I have taken the more pains to make this out to every mans understanding, because I do perceive that many men for their own advantage, and in their own case, are subject to be byassed, and judge amiss; but I conceive I have herein so clearly evidenced the truth and reason of my opinion, that it cannot but convince those that are, or have been of a contrary judgment, of their error and mistake, except they are wilfully blind, and then none so blind; Or that they can give me any better reason for their contrary opinion, and then I will submit unto them; for all Bills of Exchange (as I have said before, and is notoriously known and assented unto by all) which are made payable at usances, must bereckoned directly from the date of the Bill, which if it be new stile, and payable in London, or any other place where they write old stile, the date must first be found out in the old stile, and then count forward and you cannot mistake.
Half Usance.
HAlf usance is always reckoned fifteen days from the date of the Bill; neither more nor less, because usance is one month by denomination, to be accounted next after the date of the Bill, as I have very fully shewed here before, and there is not any month in the year which hath in it above 31 days: Now therefore upon an indifferent account fifteen days must be reckoned for half usance, because fifteen is the half of thirty, and a day consisting of 24 hours cannot be subdivided from its proper denomination; So that if you have [Page 20]a Bill of Exchange dated the third of February new stile, and payable in London at half usance, and would know when this Bill falls due, you must first (as before) look to the date, and you shall find that the third of February new stile is the 24 of January old stile, from whence count fifteen days forward, or add fifteen days to the twenty fourth of January, and you will find it will fall due the eighth of February inclusive following; and in case you have a Bill dated the third of February new stile, and payble at usance and half, then count from the 24 of January old stile to the 24 of February old stile for the usance, and from thence to the 11 of March inclusive (except in Leap-year) is 15 days, or half usance, on which 11th. day of March, and with the same day the usance and half will expire, and that is the last day of the usance and half, which day must be fully expired and past before the Mony ought to be paid, and before any Protest can be legally made for non-payment.
Three days after due.
YOu are to take special notice, that the day on which any Bill of Exchange doth fall due, is always to be accounted as part of the time limited in the Bill of Exchange as included therein; so that the day on which any Bill of Exchange doth fall due, doth belong to the party which is to make payment thereof, as being part of his time: As now for example, Suppose a Bill is made payable at thirty days sight, and it be accepted the fifth of February ( February having but 28 days, except in Leap year) you must reckon from the fifth of February to the sixth of February for one day, and from thence to the seventh two days, and so forward, (allowing 24 hours to a day) it will fall due (or the 30 days sight will expire with) the seventh of March inclusive; and in like manner with Bills payable at usance, double or treble usance, or Bills payable at a prefixt day, the full time of the usances, or prefixt day must be taken inclusive as part of the time appointed for payment of the Bill: and three days next after the expiration of that day are usually allowed in London, as well for him on whom it is payable to procure payment thereof, as for him on whom the Bill is drawn to pay it, unless it be a Bill of Exchange made in France, and that the French Post shall happen to depart on the second day after it be due, or that the third day be a Sunday, or no working day, or day of publick commerce and trade: And in any of those cases the Mony must be paid the second day after the Bill falls due, or else Protest must be then made for nonpayment, that so lawful diligence may be used within the three days, and advice thereof may be sent away by the very first Post after the Bill falls due: For although three days are usually allowed after a Bill is due, yet it is with this proviso, that the same be not to the prejudice of him to whom the Bill is payable, or of his Correspondent, or the Drawer; for if the Mony be not paid, and the Protest made within the three days next after the Bill falls due, and that there should happen in the interim any misfortune to the party on whom the Bill is drawn, that he should be non solvent, or the like, those in France concerned therein, will sooner take advantage thereupon to avoid the repayment, than they will do in the like kind who take up monies by Exchange in Holland, or other parts, whose Bills if not paid the second day after due, and that the third day fall on a Saturday, they many times forbear to protest for non-payment until the Monday following: however this is a general rule, namely, that according to custom of Merchants in London, protest ought to be made for non-payment within three days after the Bill falls due, and the protest ought to be sent away by the first Post next after the time of payment is expired, be it for what part soever. I know there are some that would not have Sunday reckoned for one of the three days after a Bill falls due; Truly, I think they may as well not reckon Sundays to be any of the thirty days sight, or the like; for my part (though payments are not used to be made on Sundays, neither ought protest to be made on a Sunday for non-payment) I cannot but reckon Sunday amongst the number of the three days, for I am sure if Saturday be the second day after the Bill is due, then Monday will be the fourth day after it is due; Sure bind, sure find.
Protest must be made though the three days are expired.
BUt if protest for non-payment be not made within the three days after a Bill of Exchange falls due, and that through negligence, or otherwise, it be forborn four, five, six, or more days after the time limited in the Bill of Exchange; Yet nevertheless even then, if it be not paid, the Bill of Exchange must be protested for non-payment. I say although the three days are expired, because you cannot well take any course in Law against the party which hath accepted the bill, until you have made a legal demand of the mony by a publick Notary; neither is the party that drew the bill bound, or liable (according to custom of [Page 21]Merchants) to repay the mony unto him of whom he hath received the value, until such time as there doth appear a protest made for non-payment, to prove that the party who accepted the bill, or he on whom it was drawn, hath not paid the mony upon that Bill of Exchange; but though a bill must be protested although the three days are expired, yet I would never counsel any body to omit protesting a Bill of Exchange the third day after it is due: For if it be not protested before the three days are expired, and the party which hath accepted it shall then happen to be non solvent, as I said before, it may be alledged by the Drawer or Endorser, that the party to whom it was payable hath prejudiced them in neglecting his diligence therein, and the party that drew the bill (especially if it be a French bill, that is to say, a bill made in France) may happen to delay (if not free) the second payment thereof upon that account; for although the Drawer is bound to the deliverer until the bill be satisfied, yet it is with this proviso, that protest be made in due time, and lawful diligence used for receipt of the mony by the party to whom it is payable, according to his duty, that so the Drawer may not suffer through his neglect: It is good to walk securely, there is no danger at all in protesting within the three days after a Bill of Exchange is due, but there may be danger in forbearing to protest within that time: Wherefore my advice is, (let the party up on whom the Bill is drawn be never so good and able a man) if he do not pay within the time accustomed, cause the Bill presently to be protested for non-payment.
Bill payable at a prefixt day.
A Bill of Exchange made at any part beyond the seas, where they dousually write new stile, which is ten days before our English stile, being old stile, and such a bill being made payable on such, or such a day, of such, or such a month, you must know in this case, that you have nothing to do with the date of the Bill, but you are only to look to the day of the month positively expressed in the Bill, and that very day of the month according to our stile here in England, must be expired before the bill will be due; and a bill so made payable is not to be understood on such, or such a day new stile, (except the same be so particularly expressed) but on such, or such a day old stile, according to the stile and usual computation observed at the place where it is made payable: As for instance, suppose a Bill of Exchange were made payable in this manner following.
Laus Deo, in Amsterdam the 7th. of February 1655. for 200 l. sterling.
ON the ninth day of March next pay this my first Bill of Exchange to Mr. Robert W. or his assigns, the sum of two hundred pounds sterling for the value received of Mr. Charles D. and put it to account as per advice.
This Bill of Exchange will not be due until the ninth day of March English stile, and it cannot be accounted due (as some would have it) on the twenty seventh of February old stile, which is the ninth of March new stile; for it relates to the stile of the place where the bill is made payable, and not to the computation of the place or country where the Bill is dated. For suppose now Mr. Robert W. in the Bill mentioned should demand payment of this Bill on the last of February and first of March old stile, and Mr. George H. should tell him, that he would pay it the ninth of March our stile, when due according to the tenor of the Bill, and not before, I would fain know how any Notary (if he understand himself) can protest upon such an answer, or can draw out any legal protest for non payment before the ninth of March old stile be expired: For (pray observe) if the Notary dateth his protest for non-payment on any day before the ninth of March old stile, according to the computation of the place where the bill is payable, he will make his protest bear date before the bill is due, and so will be illegally made, and even the protest it self will carry that along with it which will certainly cut its own throat; for the bill is made payable the ninth, and the protest will bear date before the day of payment be come, as may evidently appear: And yet this very case (to my knowledge) hath stumbled a Merchant of no small rank and commerce in Bills of Exchange, who having such a Bill of Exchange payable to him, would fam have persuaded himself (for the acceptor, nor me he could not,) that the bill would be due the 27 old stile, and if the party on whom the bill was drawn would not so accept it, my Merchant was very earnest to have a protest made; whereupon to make things plain, and thereby convince him of his errour, I directed the acceptor to underwrite the Bill thus, Accepted to pay the ninth of March, according to the tenor of the Bill, which when [Page 22]my Merchant beheld and well considered, he perceived his error, and well approved of the acceptance (for it was good) and so tarryed till the ninth of March for his mony, as he ought to do.
Acceptance by Wife, or Servant.
A Mans Wife, or Friend, or Servant cannot accept a Bill of Exchange for him in his absence, without sufficient authority from him by a Letter of Attorny under his hand and seal, delivered in the presence of sufficient witness for the doing thereof; a mans word, (as if he should say to his Wife, Friend, or Servant, If any Bills of Exchange shall come drawn on me in my absence, accept them for me) is not sufficient, neither will a bare Letter serve, written to his Wife, Friend, or Servant; but there must be hand and seal, and witnesses, which (if occasion be) may prove his legal consent to such acceptance: For indeed, it is against reason that any man should be bound to the payment of any sum of mony without valuable consideration, or without his own free consent; It is true, if the Wife or Servant have formerly accepted several Bills of Exchange in the like kind, and when the party on whom they were drawn hath come to town, he hath approved thereof, and paid the bills at the time, and so the Wife, or Servant are wont to do from time to time, and that this can be proved, I conceive it will come very close to him; but we hold a legal order for acceptance ought to be granted by Letter of Attorny under hand and seal, as I have already shewed.
A Bill drawn at one place, and payable at another.
IF a Bill of Exchange be drawn upon a man living at one place, or City, and pay able to a man living at another place, and that the mony is not to be paid in the City, or Town, where the party on whom the bill is drawn doth dwell, but in some other City or Town where the party to whom the Bill is payable doth live, or at a place for, and at which there is a usual course of Exchange, and that the party on whom the Bill is drawn doth dwell some score of miles off from thence: Such a Bill as this, so soon as it comes to your hands you may send it down to some friend in the same Town, where he on whom it is drawn doth live, to get acceptance thereof, and then to be returned to you; but when the Bill falls due, you need not seek farther for payment than at the house, or in the place where the Bill is made payable, and in default thereof you must there cause protest to be made in due form: As for instance, suppose a Bill of Exchange be drawn from Rouen, and directed thus To Mr. William P. Merchant at Southampton, but made payable thus; Pay this my first of Exchange to Mr. Samuel B. or Assigns in London; or thus, Pay this my first Bill of Exchange at the house of Mr. Roger C. in London, to the order of Mr. Benjamin L. &c. this Bill must be sent down to Southampton to some friend there to present to Mr. William P. to get accepted, but if he refuse to accept the Bill, you may either protest at Southampton for non-acceptance, or else the friend there may return the Bill, with his answer of refusal by a Letter to London to his friend that sent him the Bill, and by the help of such a Letter protest may be made at London for non-acceptance; But now when this Bill is due, you must then only endeavour to get payment at London according to the express words and tenor of the Bill; and if no order be given at the house of Mr. Roger C. in London for payment, or if a particular house be not expressed, but only the Bill is payable in London, if you have not your mony brought you within the three days after the Bill is due, you must cause protest for non-payment to be made in London according to the usual manner.
The Taker bound to the Deliverer, and the Acceptor bound to the Party to whom payable.
YOu may please to take notice, That generally in all Bills of Exchange the party that draws or under writes the Bill, (or the taker, which is all one) I say he is bound to the deliverer, or to the party of whom the value was received; and the acceptor, or party that doth accept the Bill, is bound to the party to whom the Bill is made payable: For although as well the Taker (or Drawer of the Bill) as also the Acceptor, are both bound in the Bill, and both equally liable for the payment thereof, yet they are not generally both bound to one man; I say generally, for if the Deliverer be servant to the party to whom the Bill is payable, then indeed the Drawer may be said to be bound to the party to whom it is payable as well as the Acceptor: Or, if the Deliverer be the principal, and he remits his own monies by exchange, payable to his servant, in this case likewise both Taker and Acceptor may be said to be bound to the Deliverer: But generally in parcels remitted and taken up by exchange between Merchant and Merchant, the Taker is properly bound to one, and the Acceptor to another, though both of them are liable until the Bill be satisfied: So [Page 23]that if the accepted Bill be not paid at the time, and protest made for non-payment, and there be occasion to commence a sute in Law against the Drawer, it must be entred in the name of the Deliverer; and in like manner, if a sute be commenced against the Acceptor, it must be made and prosecuted in the name of the party to whom the Bill is made payable, for the party (happily) that draws the Bill takes no great notice to whom it is made payable, (he being thereunto directed usually by the party that delivers him the value;) Neither doth the party which accepts the Bill take much cognizance of the party that did deliver the value, but only of the party that drew the Bill, (with whom he corresponds,) and of the party to whom it is made payable, (to whom by his acceptance he bindeth himself for the payment;) And so likewise where there are any Assignments on Bills negotiated, always the party that receives the value is directly bound to him of whom he hath received it, and the Acceptor to the last assigned.
Better security.
IF a Merchant which hath accepted a Bill of Exchange shall happen to be nonsolvent, or publickly reported to be failed of his Credit, and that he doth absent himself from the Exchange in the interim before the Bill of Exchange by him accepted be due: You must then presently upon such report cause demand to be made by a Notary for better security, and in fault thereof, cause protest to be made for want of better security, and send away that protest by the very next Post, that so upon receipt thereof by your friend which sent you the Bill, he may procure security to be given by the party which drew the Bill; One string being crackt you must seek to get another new one, that so you may still have two strings to your bow; And when the Bill is due, if not paid, you must then protest again for non-payment, and send away that protest also; Charges.and the Drawer, or his surety, must bear and pay as well principal as charges, such as is port of Letters, cost of protests, and (if the mony be taken up per rechange on him) the price of rechange, and brokerage.
Protest in the day time.
IF at any time you have occasion to cause protest to be made on any Bill of Exchange, either for non-acceptance, better security, or for want of payment, always be sure to cause protest to be made in the day time, that is to say, between sun rising and sun setting, but tarry not until the last hour, if you may do otherwise; and when I say between sun and sun, my meaning is, in the day time, or time of commerce and publick trade, when, and during the time that shops are generally open, for one swallow doth not make a summer; For it may be in summer time in London some men do open shops by four or five of the clock in the morning, but generally not until six or seven, and some do not shut up until nine or ten, but generally at seven or eight of the clock: And again, in winter haply some may open about six or seven of the clock in the morning, and shut up not until nine or ten, whenas generally they open about eight, and shut up about four or five of the clock at evening: So that as a Bill of Exchange is of great concernment to Merchants in trade, and a protest upon any of their Bills may prove to their great discredit; A Caveat for Notaries,so likewise it is therefore provided by the Law and custom of Merchants, that no protest upon any of their Bills of Exchange ought to be made against them out of season, or at an unseasonable time, when men generally cease to use publick commerce and trade; for there is a time of rest as well as a time of labour, a time for devotion as well as a time of negotiation, a time for private imployment, as well as for publick concernment. If I should go about ten of the clock at night to a Merchant to buy a parcel of Taffaties, would he not be ready to excuse the shewing of them at such an unseasonable hour, and desire me rather to come the next morning about nine of the clock, and that then I should see them, and in so answering me, wherein doth he deserve blame, may not he for all that continue to be a Merchant of good repute? Because he will not shew his goods at such an unseasonable hour, can any therefore conclude that he hath no goods to sell? Ought not I rather to be blamed to give disturbance to him at such an hour of the night? I could say much in this particular: but as I desire not to give advantage to any ill affected to forbear payment of monies due by Bill of Exchange, whensoever the same is justly and rightly demanded, so I dare not conclude a protest to be legally made at any hour of the night, or at an unseasonable time; You cannot err in causing protest to be made (if occasion be) on a working day before noon, or after noon, in the time that men do generally use and exercise commerce and trade, as well in [Page 24]buying and selling of goods, as in paying and receiving of monies: And therefore to prevent all objections which may be made against the legality of the protest, Nota.I would advise every one that hath occasion to cause protest to be made for nonpayment to play above board, and to let their protest be made at convenient time, as is before declared; for you are not bound not to protest until the last hour of the third day after the Bill is due, but you are bound by the Law of Merchants, used in England, to protest within the three days, and before the last hour be expired, which is generally taken at sun setting, or thereabouts; wherefore you may as well protest in the forenoon as in the afternoon, and as well at two of the clock in the afternoon as at four of the clock: And therefore be sure you do not prejudice your self in tarrying beyond your time before you cause protest to be made for non-payment of your Bill, in case it be not paid before the third day.
Protest returned for non-acceptance, or want of better security.
WHen any protest is returned unto you for want of acceptance, or for want of better security, upon receipt thereof you must presently repair with the protest to the party to whom you delivered your mony upon the Bill of Exchange, which is either the Drawer or Indorser; and upon sight of the protest he must give you good security to your content for the monies so taken up by exchange to be bound to repay the same with rechange and costs, in case it be not paid at the time by the party on whom it is drawn; and therefore the usual custom is, in this case, that the drawer or indorser having received the value, must procure an able man, some friend of his, to underwrite the protest, which is come, for not acceptance, or for want of better security, using these or the like words: I here under-written, do bind my self as principal, according to the custom of Merchants, for the sum of mony mentioned in the Bill of Exchange whereupon this protest is made. London this ninth of February 1654.
Protest for non-payment returned.
BUT if a protest be returned for want of payment, and if you have had security already given you on the protest for non-acceptance, or for want of better security, then upon receipt of your protest for non-payment you may only acquaint the drawer (or party that took up the mony) therewith, and tarry out the same proportion of time at which the Bill was made payable, to be accounted from the time it fell due, before you demand your principal mony with the rechange and charges of the party that drew the Bill, or of his surety, who, according to the Law of Merchants, are bound joyntly and severally to repay the same upon the protest for non-payment: but if the Bill was accepted, and the acceptor not failed, so that there was not any protest made till the Bill fell due, and then there comes a protest for want of payment: In this Case you must take security upon that protest for non-payment, as is directed here before upon the protest for non-acceptance, except the drawer do presently pay down the money, and interest, and charge, accrewing from the day it fell due until that very day of shewing him the protest for non-payment, and that you do consent thereunto; for otherwise, in case a Bill be protested for non payment, and the protest exhibited to the drawer, he may (giving security, as before) keep the money until so much time more be elapsed as the Bill was drawn for, before he can be compelled to make payment: As now for instance, if the Bill be dated in Amsterdam the ninth of February, and payable at usance in London, and protested for non-payment, the drawer may claim the like time of usance for repayment thereof, as above; so that as there was one month for the Exchange of the mony from Amsterdam to London, so likewise there must be another month for re-exchange of the mony from London back again to Amsterdam; and thus you see it will be the ninth of April before you can have your money with the reexchange thereof, and charges at Amsterdam; but if the drawer will keep the mony out the time, and yet will not give security upon the protest, then the deliverer may presently take a course in Law against him, and he will be compelled to repay the same with costs, and considerable damage.
Keep the accepted Bill, but return the non-accepted.
WHen an accepted Bill is protested for Non-payment, I would advise to send away the Protest, as I have shew'd before, but to keep the accepted Bill in your own Custody, except you have express order to the contrary; for the Protest for Non-payment will be sufficient proof whereby to recover of the Drawer, and then withal if the first Bill be accepted, the second Bill will serve against the Drawer, as well as the accepted Bill; but here in England you cannot take course in Law and expect a good Issue in your Suit against the Acceptor, without the original accepted Bill be produced in Court: so that you keeping the accepted Bill by you, and sending your Friend the other Bill (if you have it) with the Protest, he can sufficiently thereby claim his Mony of the Drawer or Party to whom he hath delivered the Value; and likewise you at the same time (if it be an outland Bill) may implead the Acceptor upon the accepted Bill; and if the Drawer should desire to have in the accepted Bill as well as the other, before he repay the Mony, it will be time enough to send the accepted Bill when it is so desir'd, but I would not advise to send away the accepted Bill with the Protest for Non-payment, for fear it miscarry, nor to part with the accepted Bill without special order and upon good grounds. But if the Bill was never accepted, and not paid at the time, then there is no danger to send back the Bill with the Protest for Non-payment both together; for you have done your whole Diligence needful concerning that Bill, and it will rest wholly upon the Deliverer to seek his Remedy against the Taker up of the Mony, and to procure Payment thereof from him as is fitting.
Bill of Exchange lost, left to be accepted.
IF a Bill of Exchange be lest with a Man to be accepted, and he happen to have lost the Bill, or that it be mis-deliver'd, that is to say, deliver'd by him, or any of his Servants, or by his means, to a wrong Party; or, if in any case the Party which left the Bill to be accepted cannot have his Bill of Exchange re-deliver'd to him, accepted or not accepted, according to the Custom of Merchants: In this case the Party that lost the Bill, namely, he on whom it is drawn, or through whose means it is mis-deliver'd, (if he intended to accept the Bill, or if he had accepted it) must give a Note under his hand and seal for the payment of the Mony mention'd in the Bill, to the Party to whom it was made payable, or his Assigns, at the time limited in the Bill. I say, to pay the Mony upon the second Bill, if it shall come to hand within the time; or else, in default thereof, he must bind himself to pay the Mony upon that Note at the same time; for it is but just and reasonable, that he who hath lost my Specialty or Bill of Exchange, should make it good to me by some other means equivalent thereunto; but in case the Party that thus lost the Bill do refuse to give such a Note under his hand and seal, then he who presented the Bill to be accepted, or that left the Bill with him, must presently cause Protest thereupon to be made in due form, and must send the Protest away by the first Post: and in like manner make Demand of the Mony at the time, tho he have neither Note nor Bill of Exchange, and in default of Payment he must cause a second Protest to be made, and send it away as the former. But in case there be such a Note made, and at or before the time limited for Payment thereof the second Bill of Exchange shall not come to hand, you must go receive the Mony upon that Note, according to the Contents thereof, and in default of Payment you must cause Protest to be made upon that Note for Non-payment, as if you had the accepted Bill, or that the second Bill were come to hand, but not paid at the time.
Bill endorsed in Blank.
IF a Bill of Exchange be made payable to one beyond the Seas, or to one withinland in the Country, and he subscribe only his Name on the backsidet hereof, leaving an empty place above his Name, and do so send it to a Merchant or Friend to get it accepted, and to receive the Mony at the time therein limited of the Party on whom the Bill is drawn, (as it is usual to do) the same is sufficient warrant for the Party to whom the Bill is sent to get it accepted, and, and to receive the Mony accordingly: And in this case, when the Party that hath the Bill shall go for the Mony when the Bill is due, he may either receive the Mony himself, or send his Man for it; if he go himself, he may either write an Assignment in the empty place above the Name on the backside of the Bill, and so make it payable to himself, and then when he shall have received the Mony, he must make a Receipt for the same underneath the Assignment in his own Name in ordinary manner for so much Mony received; Or else he may forbear making [Page 26]an Assignment in the empty place to himself, and instead thereof he may in the same empty place above the Name make a Receipt, as if the Mony had been paid to the Party to whom the Bill is payable, and that set his Name thereunto in blank; and if he send his Man with the Bill to receive the Mony, the Man may, upon the receipt of the Mony, either deliver up the Bill as it is, without writing any thing upon it, or else, he may (as before) fill up the empty place with an Assignment payable to his Master, and then make a Receipt underneath for so much Mony receiv'd in full of that Bill for his Master's use, governing himself therein according as the Party that shall pay the Bill of Exchange shall direct, for either way is good and warrantable, according to the Custom of Merchants used in England.
Accept for Account of Drawer.
IF a Bill of Exchange be subscribed or drawn by Abraham F. on Benjamin G. for the Account of Charles H. and it so happen that Benjamin G. to whom the Bill is directed, will not accept the Bill for account of Charles H. as it is drawn, but would willingly accept it for the account of Abraham F. being a special Friend to Benjamin G. on whom it is drawn, and so this Benjamin G. is very unwilling to suffer the Bill to go back by Protest for Non-acceptance, and therefore he desires to accept it for Honour of the Drawer, and for his Account: In this case (according to the Law of Merchants) Benjamin G. may so accept the same; but before he do accept the Bill, he must personally appear before a Notary publick, and declare before him such his Intent, and the Notary must make an Act thereof in due Form, to be sent away by Benjamin G. to Abraham F, that so he may have speedy Advice thereof; and the Act being entred, then he may accept the Bill for the Honour of the Drawer and for his account. And when the Bill is due, he must cause a like Act to be made for Payment, before he pay the Bill, declaring that he will pay the Bill for the Honour of the Drawer, and for his account, but not for account of Charles H. for whose account it was drawn; and thus ( Benjamin G. giving Honour to the Bill, altho he do it for another account than for which it was drawn) according to the Custom and Law of Merchants generally observed, Abraham F. is bound to make the same good again unto Benjamin G. with Exchange, Re-exchange, and Costs; but Benjamin G. must be sure to make such his declaration before he do accept the Bill, or any ways engage or oblige himself thereunto; for otherwise if he should first accept it, and that it might be lawful for him at any time afterwards to alter the Property thereof, and charge it for account of the Drawer at the Acceptor's Pleasure, the Drawer Abraham F. might be much prejudiced, as in reference to Charles H. by whose order (it may be) and for whose account Abraham F. drew the same Bill.
Bill paid upon Protest.
IF a Bill of Exchange be drawn upon a Merchant, or any other here in London, and he refuse to pay it, or hath not Mony ready to make present Payment at the day, and thereupon Protest is made for Non-payment, and another Merchant or Friend to the Drawer, having notice thereof, doth appear and declare before a Notary publick that he will pay it for honour of the Drawer upon protest, and accordingly doth pay the same, and cause an Act to be made thereupon, as I have shew'd before; my Advice is, That the Receipt which he shall take for the Mony by him paid, be made and written under the Protest and Act, but not upon the original accepted Bill of Exchange, for divers Reasons which I could give, but especially, I approve of a Receipt upon the Protest and not on the Bill, that so thereby he may still keep the Bill free, as not being satisfi'd by those whom it particularly did concern; only (if he will) let the Party to whom the Bill is payable (and to whom the Mony is paid) subscribe his Name on the backside of the Bill to a blank, and let the Protest and Act be sent and returned to the Party, for whose account he doth honour the Bill, but let him keep the accepted Bill by him, to be ready upon all occasions against the Acceptor.
Bill must not be paid before due.
IF a Bill of Exchange be made payable at usance, double usance, thirty days sight, or at any longer or shorter time, and when the Bill shall be presented to the Party on whom it is drawn to be accepted, or at any time before the Bill is due, he to whom it is payable shall desire to have the Mony presently paid him (by way of anticipation) before it be due by the tenour of the Bill, and thereupon shall offer to rebate for the time: Or if the Party to whom the said Bill is directed, having some Monies by him, and willing to make some Profit thereof, shall of his own accord offer him to whom it is made payable to pay him the [Page 27]Mony presently before the time limited in the Bill of Exchange be expir'd, in case he will discount for it, or allow him some consideration for the time; the Party who shall so pay Mony upon any Bill of Exchange before it be due, runs in some danger in not observing Order: Indeed he to whom it is payable, and who does receive the same, is in no danger at all by receiving the Mony before it be due, but let him beware that so pays it; for if the Mony or Parcel which is remitted be really and properly belonging to the Party which deliver'd the same by Exchange to the subscribed of the Bill, and if the Bill be made payable to a Factor, Servant, Agent, or Friend of the Deliverer's, only to and for the Deliverer's use; and if, before the Bill is due, the Deliverer do send his Countermand (as he may do) not to pay the Mony to such his Factor, Servant, Agent or Friend to whom it was payable by the tenour of the Bill but to some other whom he shall appoint: In this case he on whom the Bill is drawn ought to be liable to the Payment thereof according to that Countermand, to the Party who shall be thereupon so appointed; for as it is not properly in his power, (I mean in the power of the Party on whom the Bill is drawn) to prolong the time of Payment, so as that he may chuse if he will pay the Mony at the time limited in the Bill, or make the Party to whom it was payable to carry any longer for it; neither can that Party to whom the Bill is payable (in the case before mention'd) warrantably shorten the time limited and appointed in the Bill, or agree with the Party on whom it is drawn to pay him the Mony before it be due, for the bargain is made between the Deliverer and the Taker, and respect ought to be had thereunto; and altho this case of countermand doth not ordinarily and commonly happen, yet it may happen, and I have known it come to pass, and who can certainly assure himself that the same will not befal him in his Payment of Monies on any Bill of Exchange before it be due? For my part the Advice which I desire to give herein is such as may be for the Security of him that parts with his Mony, that he may do it upon good grounds, and so may be warrantably discharged, but that he cannot well be in breaking Order, wherefore I shall never advise any to pay Mony on Bills of Exchange before they be due.
Second Bill with an Assignment.
IF a second unaccepted Bill of Exchange be sent to you from the Party to whom it is payable, with an Assignment on the backside thereof, ordering the Payment to made to your self for the Value received of your Friend or Factor; presently upon receipt thereof you must present, or cause the same to be presented to the Party on whom it is drawn, to be by him accepted (unless you have the first Bill already accepted;) If the Party on whom it is drawn do refuse to accept the second Bill, pretending that he hath already accepted the first Bill to another Man unknown, or that he cannot name unto you; or if you cannot be actually possess'd of that first accepted Bill, you ought upon refusal of Acceptance to cause Protest to be made for Non-acceptance of that second Bill; that so upon sending away the Protest, security may be given to your Friend or Factor, that the Mony shall be paid to you at the time, or at leastwise Protest to be entred; for the Party to whom the Bill is directed is not bound by your second Bill to the Payment of the Mony to you, till he accept the Bills of Exchange according to Custom of Merchants, unless he have already accepted the first Bill, and the same be in your custody; for tho as well the Subscribed or Drawer of the Bill of Exchange, as the Party who underwrites the Assignment confessing the Value receiv'd, and likewise the Acceptor of the Bill are all of them liable and bound in the Bill of Exchange, yet they are not all immediately bound either to the Deliverer or the Party to whom the Bill is payable, but each Party is bound to him with whom he doth more immediately correspond, as I have more particularly before declar'd.
Party dead which accepted.
IF the Party to whom your Bill of Exchange is directed to accept the Bill, and then if he shall afterwards happen to die before your Bill is due, you must at the appointed time for payment, demand the Mony of his Executors or Administrators, at his mortuary House, or last Dwelling-house, or Place of abode; and upon their Refusal or Delay of payment, you must protest for Non payment, in the same manner as you would have done if the Party on whom the Bill was drawn had been living, and had not paid it at the time.
Party dead to whom payable.
IF the Party to whom a Bill of Exchange is made payable be dead at the time when it falls due, and his Executor or Administrator have not yet prov'd the Will, nor taken out Letters of Administration, nevertheless you must not omit to make Demand of the Mony at the just time limited in the Bill: and if you offer Security to save [Page 28]harmless against the Executors and Administrators of the deceas'd Party, and it be refus'd, you must protest for Non-payment.
Bill without Assignment.
IN like manner, if you have a Bill of Exchange, sent to you to get to be accepted, payable to another Man, and (the Bill being accepted and due) you have not an Assignment on the Bill from the Party to whom it is payable, ordering it to be paid unto you, according to Custom of Merchants, you must make demand of the Mony upon that accepted Bill without an Assignment, and you must offer to give Security to save harmless against the Party to whom the Bill is made payable, and all others: and if your Proffer be refused, you must protest for Non-payment.
No such Man to be found.
IF your Bill of Exchange be directed (suppose) to Nathaniel Q. Merchant in London, and you shall have enquir'd on the Royal Exchange and other parts of the City for such a Merchant, and shall not be able to find him out, or any body that knows him, or that indeed there be none of that Name in London, then you must carry your Bill to a Notary publick, and he must protest thereupon in due form.
No body at home.
IF a Bill of Exchange is sent you to get accepted, and there be no body at home, at the House or Place of abode of the Party on whom the Bill is drawn: Or if, when your Bill is due you cannot meet the Party at home, nor any one else to pay the Mony on his behalf, you must cause Protest to be made, either for Non-acceptance or Non-payment, at his Dwelling-house or Lodging, in his Absence; which is as effectual, according to the known Law of Merchants and the Rules of Equity, (being made in seasonable time) as if the same had been made speaking to him in Person: for you cannot be bound (it being beyond your power) to make him, on whom the Bill is drawn, abide at home; but in reason he is bound to attend his own business at seasonable hours, and it concerns him to keep a good Correspondence with his Friends, especially in matters of Bills of Exchange, whereof he cannot be ignorant.
No avoiding a Protest.
AND the truth is, if no Protest could be made legally, but in speaking to the Party himself, a Protest might be prevented at pleasure: but it lies not in the power of him on whom a Bill is drawn to hinder the protesting of the Bill, if not by him accepted and paid according to the tenour thereof.
Figures and Words disagreeing.
A Bill of Exchange, tho written in few Words and contain'd in a small piece of Paper, yet is of great Weight and Concern in point of Trade between Merchant and Merchant, and therefore ought to be writ very plain and legible, and without any Blots, Mending, or altering any word thereof, that so there may not arise any Doubt or Scruple in the Payment thereof: And therefore it is that Merchants do usually write the Sum to be paid, as well in figures as in words at length, as you may observe in the several Forms of Bills of Exchange contained in this Treatise; And if it so fall out, through Inadvertency or otherwise, that the Figures and the Words at length of the Sum that is to be paid upon a Bill of Exchange do not agree together, if either the Figures do mention more, and the Words less, or the Figures do specifie less, and the Words more, in either or in any such case, you ought to observe and follow the order of the Words at length and not in Figures, until further order be had concerning the same, because a Man is more apt to commit an Errour with his Pen in writing a Figure than in writing a Word: And also because the Figures at the top of the Bill do only, as it were, serve as the Contents of the Bill and a Breviat thereof, but the Words at length are in the Body of the Bill of Exchange and are the chief and principal Substance thereof, whereunto special regard ought to be had; and tho it may so fall out that the Sum mention'd in Figures in the Letter of Advice, and the Sum mention'd in Figures in the Bill of Exchange do agree, yet if the Words at length in the same Bill do differ, you ought to follow the order mention'd in Words at length in the Bill, and not the order in Figures, for the Reasons before alleg'd.
A Name mended or interlined.
IF the Name of the Person, to whom a Bill of Exchange is made payable, chance to be mended or interlin'd in the Bill, and the same be accepted by the Person upon whom it is drawn, (tho it is an Error and justly to be reproved, especially in Merchants) which indeed doth seldom happen, yet the same cannot be a sufficient Excuse for the Party who hath accepted it, or any [Page 29]legal warrant for him to refuse Payment thereof at the time, unto the Party whose Name is mended or interlin'd in the Bill, or unto his Order by his Assignment, if the Bill was so mended before it was accepted, and be made payable to him or his Assigns, for he could not chuse but take notice of the Error when he accepted the Bill, and ought to have satisfi'd himself therein before he accepted it: if he say, it hath been mended or interlin'd since he accepted it, he must prove that.
Bill payable positively to such a Man.
BUT if the Bill be made payable positively to such a Man, and not to such a Man, or his Assigns, or Order, then an Assignment on the Bill will not serve turn, but the Mony must be immediately paid to such a Man in person, and he must be known to be the same Man mention'd in the Bill of Exchange, that so the Mony may not be paid to a wrong Person, and the Acceptor forc'd to pay it twice. And if the Bill be made payable positively to such a Man, as hath been before observ'd, such a Man's Name writ on the backside of the Bill in blank, is no sufficient warrant for another Man to come (as in his name) to receive the Mony, but the Man himself, to whom the Bill is payable, must appear in person.
Bill without Direction.
IN case a Bill of Exchange do come without a Direction on it, that is, if it be not directed to any Man, only the Drawer has set his Name to it, but not directed it to the Party on whom he design'd to charge it; yet if in his Letter of Advice to his Friend to whom the Bill is payable, or to whom it is sent to get accepted, the Bill is mention'd to be drawn on such a Man, naming a Man's Name; this Friend to whom the Bill is sent, ought to present the Bill to that Man to be accepted, according to Advice: And in case he shall refuse to accept it, because it is not directed to him, the Party to whom the Bill was sent ought to make Protest for Non-acceptance, for he protests against the Drawer in not having taken sufficient care that the Bill might be accepted by some body, according to Custom, and the Drawer is justly to bear the Charges thereof for his Omission and Oversight; tho I cannot see but if the Party, to whom the Bill is presented to be accepted, have likewise Advice thereof, and sufficient ground or reason to have accepteed it, if the Bill had had a Direction on it to himself, he may accept the Bill, altho the Direction to him be omitted; but it must be confess'd it is an Oversight and an Error in the Drawer, in omitting to direct his Bill of Exchange; and if his Friend do suffer it to be protested, I conceive, he shall have sufficiently punish'd him for his Error.
The Drawer repays the Value upon Protest.
IF a Bill of Exchange be made payable to one Man, for the Value receiv'd of another, and the Party on whom the Bill is drawn hath accepted it, but when it falls due fails in the Payment, whereupon Protest is made, and by virtue of this Protest the Party who deliver'd the Value recovers Satisfaction of the Drawer; In this case the Drawer is freely discharg'd against the Party or Parties, to whom the said Bill was made payable, either immediately in the Bill, or mediately by Assignment or Assignments, were they never so many upon it: So that neither he to whom the Bill was first made payable, nor any other to whom it shall be assign'd in any manner whatever, ought to molest or trouble the Drawer, or legally, according to the Law of Merchants, can sue or prosecute the Drawer, he having already repay'd the Mony to the right Party, whose Receipt and Discharge for the same is a sufficient Release from all further Trouble which may happen; Neither can he to whom the Bill is first made payable (if but an Assigne of the Deliverer) prosecute the Acceptor (after the Drawer has given Satisfaction to the Party who deliver'd the Value) no more than my Assign can protest and prosecute a Surety upon a Bond payable to me or my Assigns, after I have receiv'd Satisfaction from the Principal; for tho, I must confess, in this case the Acceptor is not totally discharg'd, for it is suppos'd he did accept the Bill by order of the Drawer, or for some other account, to whom therefore he must be responsible: Yet in reference to the Party who first deliver'd the Value, and the Party to whom the Bill was payable (supposing himself to be but an Assigné of the Deliverer) the Acceptor doth but confirm what the Drawer has done, and the Drawer having made Refaction to the Deliverer, the Acceptor is likewise discharg'd against the Deliverer, and against the Party to whom the Bill was first payable, (if he be but an Assigné) but the Acceptor, by virtue of his Acceptance, makes himself Debitor, and is still liable to the Drawer, or to the accompt for which he accepted the Bill, till satisfaction be given.
Letters of Credit.
THE chiefest means of Correspondence and Trade between Merchant and Merchant from one Place or Country to another, doth consist, and is born up by Letters missive from one to the other; which Letters, if not countermanded, are binding, and may serve for sufficient proof according to the Law of Merchants, in case of dispute; and therefore it is that Merchants do usually keep Copies of their Letters which they write to their Correspondents, by which they know how to order their affairs, and to whom they are bound; and these Letters have divers appellations, tho they serve all for Advice and Order, yet some are more particularly call'd Letters of Commission, others Letters of Advice, others are call'd Freight-Letters, and others Letters of Credit: Letters of Commission are for buying or selling of Goods, freighting Ships, taking up Mony or remitting Mony by Exchange or the like: Letters of Advice are such as I write to my Friend, Servant, Correspondent, or Principal, advising them of Monies drawn or remitted by Exchange; Freight-Letters are such as are written upon the Freighting, or taking to Freight any Ship or Vessel, or any Tunnage thereof, informing what Tunnage is taken to freight, and what Freight is to be paid for the same; Letters of Credit are properly such as are written to furnish Monies by Exchange upon the Credit of him who writes the Letter: these Letters of Credit (in regard they do more immediately concern the Credit and Honour of the Party who writes the same, supposing him to be a Merchant or Trader, whose best and chiefest Subsistance is Credit) must needs be of greatest concern, and most binding by, or from the Party or Parties who under-write or subscribe the same, to those to whom they are directed, or who are concern'd therein, in case he or they shall comply therewith; because the Credit of him who under-writes the Letter is thereby vindicated, and his Honour, Repute and Esteem much manifested. Now Letters of Credit for the furnishing of Monies by Exchange, are of two sorts, the one General the other Special: The General Letter of Credit is, when I write my open Letter directed to all Merchants and others that shall furnish Monies to such and such Persons upon this my Letter of Credit, in and by which I bind my self, that what Monies shall be by them deliver'd unto the Party or Parties therein mention'd, within such a time at such and such Rates, (or in general terms, at the Price currant) I do thereby bind my self to be accountable and answerable for the same to be repaid according to the Bill or Bills of Exchange, which upon receipt of the Mony so furnish'd shall be given or deliver'd for the same; and if any Mony be furnish'd upon such my General Letter of Credit, and Bills of Exchange therefore given, and charg'd, drawn or directed to me, altho when the Bills come to hand, and are presented to me, I should refuse to accept thereof, yet (according to the Custom of Merchants) I am bound and liable to the payment of those Bills of Exchange, by virtue and force of such my General Letter of Credit; because he or they who furnish the Mony, have not so much (if any) respect to the Sufficiency or Ability of the Party who takes up the Mony, as to me who have given my Letter of Credit for the same, and upon whose Credit meerly those Monies may be properly said to have been deliver'd: The Special Letter of Credit is, when a Merchant, at the Request of another Man, writes his open Letter of Credit, directed to his Factor, Agent or Correspondent, giving him order to furnish such or such a Man by name, with such or such a Sum of Mony, at one or more times, and charge it to accompt of the Merchant who gives the Letter of Credit and takes Bills of Exchange or Receipts for the same; Particular Letters of Credit are usually writ and subscribed with the own hand of the Merchant that grants them, wherein it is very expedient, (as well for the certainty of him who is to furnish the Monies, that he may be sure the Letters come directly from the Merchant, and so his Credit may not suffer through any Dilemma or Demur in compliance, by reason of any Doubt which may be of the Reality of the Letter, as for the plain meaning and obligation of the Merchant himself to be responsible for the same) that the Merchant do mention or recite something or other particularly which hath happen'd in some former Affairs or Dealings, or which is yet depending between them, or at least the Date of his last Letter. Now, in the General Letter of Credit, he that writes it makes use of his Credit for his own account and concern in his way of Trade, and so there needs no more than his Letter of Credit to make him liable to repay what shall be so furnish'd; but in the Particular Letter of Credit, he who writes the Letter, does it not to make use of the Monies himself, or to be imploy'd for his own use, but for the use and accommodation of some other Man, at whose request he is willing and doth write his Letter of Credit; and therefore it is very expedient and ordinary for him, at whose intreaty the Letter is written, [Page 31]at the writing, and upon receipt thereof, to give good Security, by Bond or otherwise, to the Merchant that gives the Letter of Credit, for Repayment to him, his Executors or Assigns, of all such Monies as shall be receiv'd by virtue of the said Letter of Credit: for the Merchant, by his Letter, stands sufficiently bound to his Correspondent, and therefore it is but reason that he, for whom the Letter is granted should give (as it were) his Counterbond for Repayment. The Bills of Exchange, which are to be made for Monies taken up by Letters of Credit, do run in the ordinary form of Bills of Exchange, whereof I have set down several towards the beginning of this Treatise; as for the Form of the General Letter of Credit (in regard each Man knows best his own occasions inducing him thereunto, whereof the Letter must chiefly consist) I shall wave it, and only set down the Form of a Particular Letter of Credit, which may be as follows.
Laus Deo, in London this 29. of February, 1654.
SIR, My last to you was of the 12 of January, wherein I wrote you what needful in answer to yours of the 7 of the same month; This serves chiefly to desire you to furnish and pay to Mr. John G. English Gentleman, to the value of two thousand Crowns at one or more times, according as he shall have occasion, and desire the same of you, taking his Receipt or Bills of Exchange for the Monies which you shall so furnish him with, and put it to my accompt, and this my Letter of Credit shall be your sufficient Warrant for so doing, Vale.
Such a Letter as this is to be deliver'd open to the Party who is to make use of it; but then the Merchant that writes this Letter of Credit doth usually give notice thereof in or by his next Letters which he shall write to his Friend to whom it is directed, who having paid the Monies, and taken Receipt or Bills of Exchange for the same, must send them back to the Merchant who gave the Letter of Credit, for him to demand Payment thereupon of those that of right shall appertain, according to reason.
Put Bill in Letter-Case or Almanack.
IN regard Bills of Exchange (tho of great concern) are ordinarily written upon small pieces of Paper about 3 or four fingers broad, by reason of which they are more subject to be lost, especially if you carry them loose about you; therefore I would advise you (for prevention) to keep a Letter-Case, or (which is better) a Pocket-Almanack, or small Pocket Paper-Book with Clasps, and put your Bills of Exchange therein, that so they may be kept clean and whole, and less subject to be lost.
How to bring French Crowns into sterling Mony.
IF you have a Bill of Exchange sent you from France, the Mony to be receiv'd in London, and your Bill be remitted to pay so many Crowns, at such or such a rate, as it is usual to do; To know how much you must receive here in sterling Mony, you must first bring your French Crowns into Pence sterling, at the price or rate set down in your Bill, and then bring your Pence into Pounds, and you have your Desire: As for example, If your Bill be drawn to pay 250 Crowns at 56¼ d. per Crown, first multiply the 250 Crowns by 56 d. this makes 14000 pence, whereunto add for the ¼ 62½ pence (because 62½ is the ¼ part of 250) and it will make 14062½ sterling, and divide the 14062 by 240 d. (because 240 d. make a pound sterling) and it will produce 58 pounds sterling, and there will remain 142 pence, which divided by 12 d. will make 11 shillings and there will remain 10 d. then add the ½ d. remaining of your multiplication, and the total is 58:11:10½. As for Example, thus, [...]
By the same rule you may reduce Ducats, Dollars and Pieces of Eight, into sterling Mony, when you know how many Pence sterling the Ducat, Dollar or Piece of Eight is valu'd at for the Exchange thereof; but because this properly belongs to the Art of Arithmetick, whereof divers able Men have already publish'd several Treatises, in French and Dutch, and also in English, some whereof have come to my hands, therefore I shall not proceed any further herein; It suffices, that what I have in this Treatise declared, is warrantable according to the Law of Merchants, and enough to guide any in the Trade of Exchange, beyond what hath ever hitherto been publish'd by any, which I will aver and justifie.
Directions concerning the two ensuing Tables.
THE first Table is for any Year except Leap-year. The second Table is for Leap-year only, which happens every fourth year, as namely, Anno 1700, 1704, 1708, &c.
In the first Column of either of these Tables I have put the New Stile (or the Roman Account) of the days in the year, in regard it is ten days before our English Account; And I have plac'd the English Account or Old Stile in the second Column, and so again the New Stile in the third Column, and our English Stile in the fourth, and so forward, from the left-hand to the right, every odd Column which hath the Month nam'd at the top thereof is the New Stile Account, and every second or even Column, which hath not the month writ at the top is the Old Stile Account: as you may perceive, because the Month begins just ten days after they are begun by the New Account: And in both these Tables I have exactly counted day for day, and set them side by side, upon an equal and streit line from the left hand to the right, from New Stile to Old Stile for every day in the year; Leap-year containing 366 days, and the ordinary year 365 days; each Stile agreeing with the other, even to the very same day of the Week.
By these Tables may exactly be known when Bills of Exchange made payable at Usance, or Usances, will fall due from New Stile to Old Stile: Thus a Bill dated the first of January 1655, New Stile, payable at double Usance in London; to know when this Bill is due, first I enter the first Table, and find January 1. New Stile to be December 22. Old stile, which is the Date of the Bill, then I go streit along the same line, and in the fourth Column towards my right hand, I find 22 (which is January 22) that is one Usance, and yet along the same line in the sixth Column, I find 19, which is February 19, being the day on which the Bill is due: Again, a Bill dated January 8. 1665. New Stile, payable at double Usance, having found the date in the first Table, I go streit along the same line from January 8. on my left-hand, to the sixth Column towards my right, where I find February 26. Old Stile, on which day the Bill will fall due; in like manner, a Bill dated January 10. New Stile at Usance, will be due January 31 Old Stile, and payable at double Usance, will be due February 28 Old Stile, if not in Leap-year; but if it be in Leap-year, then I make use of the second Table serving for Leap-year, and I do there find that a Bill dated the first of January at double Usance, will be due in London February 20. Old Stile. Again, a Bill dated in Leap-year January 8. New Stile at double Usance, will be due February 27. Old Stile; And a Bill dated January 10. New Stile at double Usance, will be due February 29. Old Stile. And so of any other date of Bill of Exchange payable at any Usances, or Usance, and half, or the like; first find out the date of your Bill in the Tables, and then look streit upon the same line every other Column towards your right-hand, you will find the Usance, or Usances, set down according to the English Account, and for half Usance you must always reckon fifteen days forward; These Tables are so exactly made that they cannot deceive any, but may serve as a competent Judg in resolving many Doubts, Scruples and Questions that may arise between Party and Party, concerning the precise day on which any Bill of Exchange will fall due as aforesaid; which in regard (as I conceive) it is plainly set down in each Table, therefore I shall forbear any further Explanation thereof.
Jan. | Feb. | Mar. | Apr. | May | June | July | Aug. | Sept. | Oct. | Nov. | Dec. | ||||||||||||
Stilo Romano, Stilo novo, or New stile. | Stilo Angliae, Stilo veteri, or Old stile. | ||||||||||||||||||||||
1 | 22 | 1 | 22 | 1 | 19 | 1 | 22 | 1 | 21 | 1 | 22 | 1 | 21 | 1 | 22 | 1 | 22 | 1 | 21 | 1 | 22 | 1 | 21 |
2 | 23 | 2 | 23 | 2 | 20 | 2 | 23 | 2 | 22 | 2 | 23 | 2 | 22 | 2 | 23 | 2 | 23 | 2 | 22 | 2 | 23 | 2 | 22 |
3 | 24 | 3 | 24 | 3 | 21 | 3 | 24 | 3 | 23 | 3 | 24 | 3 | 23 | 3 | 24 | 3 | 24 | 3 | 23 | 3 | 24 | 3 | 23 |
4 | 25 | 4 | 25 | 4 | 22 | 4 | 25 | 4 | 24 | 4 | 25 | 4 | 24 | 4 | 25 | 4 | 25 | 4 | 24 | 4 | 25 | 4 | 24 |
5 | 26 | 5 | 26 | 5 | 23 | 5 | 26 | 5 | 25 | 5 | 26 | 5 | 25 | 5 | 26 | 5 | 26 | 5 | 25 | 5 | 26 | 5 | 25 |
6 | 27 | 6 | 27 | 6 | 24 | 6 | 27 | 6 | 26 | 6 | 27 | 6 | 26 | 6 | 27 | 6 | 27 | 6 | 26 | 6 | 27 | 6 | 26 |
7 | 28 | 7 | 28 | 7 | 25 | 7 | 28 | 7 | 27 | 7 | 28 | 7 | 27 | 7 | 28 | 7 | 28 | 7 | 27 | 7 | 28 | 7 | 27 |
8 | 29 | 8 | 29 | 8 | 26 | 8 | 29 | 8 | 28 | 8 | 29 | 8 | 28 | 8 | 29 | 8 | 29 | 8 | 28 | 8 | 29 | 8 | 28 |
9 | 30 | 9 | 30 | 9 | 27 | 9 | 30 | 9 | 29 | 9 | 30 | 9 | 29 | 9 | 30 | 9 | 30 | 9 | 29 | 9 | 30 | 9 | 29 |
10 | 31 | 10 | 31 | 10 | 28 | 10 | 31 | 10 | 30 | 10 | 31 | 10 | 30 | 10 | 31 | 10 | 31 | 10 | 30 | 10 | 31 | 10 | 30 |
11 | Ja. 1 | 11 | Fe. 1 | 11 | Ma. 1 | 11 | Ap. 1 | 11 | Ma. 1 | 11 | Ju. 1 | 11 | Jul. 1 | 11 | Au. 1 | 11 | Sep. 1 | 11 | Oc. 1 | 11 | No. 1 | 11 | Dec. 1 |
12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 |
13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 |
14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 |
15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 |
16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 |
17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 |
18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 |
19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 |
20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 |
21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 |
22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 |
23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 |
24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 |
25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 |
26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 |
27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 |
28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 |
29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | ||
30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | ||
31 | 21 | 31 | 21 | 31 | 21 | 31 | 21 | 31 | 21 | 31 | 21 | 31 | 21 |
Jan. | Feb. | Mar. | Apr. | May | June | July | Aug. | Sep. | Oct. | No. | De. | ||||||||||||
Stilo Romano, Stilo novo, or New stile. | Stilo Angliae, Stilo veteri, or Old stile. | ||||||||||||||||||||||
1 | 22 | 1 | 22 | 1 | 20 | 1 | 22 | 1 | 21 | 1 | 22 | 1 | 21 | 1 | 22 | 1 | 22 | 1 | 21 | 1 | 22 | 1 | 21 |
2 | 23 | 2 | 23 | 2 | 21 | 2 | 23 | 2 | 22 | 2 | 23 | 2 | 22 | 2 | 23 | 2 | 23 | 2 | 22 | 2 | 23 | 2 | 22 |
3 | 24 | 3 | 24 | 3 | 22 | 3 | 24 | 3 | 23 | 3 | 24 | 3 | 23 | 3 | 24 | 3 | 24 | 3 | 23 | 3 | 24 | 3 | 23 |
4 | 25 | 4 | 25 | 4 | 23 | 4 | 25 | 4 | 24 | 4 | 25 | 4 | 24 | 4 | 25 | 4 | 25 | 4 | 24 | 4 | 25 | 4 | 24 |
5 | 26 | 5 | 26 | 5 | 24 | 5 | 26 | 5 | 25 | 5 | 26 | 5 | 25 | 5 | 26 | 5 | 26 | 5 | 25 | 5 | 26 | 5 | 25 |
6 | 27 | 6 | 27 | 6 | 25 | 6 | 27 | 6 | 26 | 6 | 27 | 6 | 26 | 6 | 27 | 6 | 27 | 6 | 26 | 6 | 27 | 6 | 26 |
7 | 28 | 7 | 28 | 7 | 26 | 7 | 28 | 7 | 27 | 7 | 28 | 7 | 27 | 7 | 28 | 7 | 28 | 7 | 27 | 7 | 28 | 7 | 27 |
8 | 29 | 8 | 29 | 8 | 27 | 8 | 29 | 8 | 28 | 8 | 29 | 8 | 28 | 8 | 29 | 8 | 29 | 8 | 28 | 8 | 29 | 8 | 28 |
9 | 30 | 9 | 30 | 9 | 28 | 9 | 30 | 9 | 29 | 9 | 30 | 9 | 29 | 9 | 30 | 9 | 30 | 9 | 29 | 9 | 30 | 9 | 29 |
10 | 31 | 10 | 31 | 10 | 29 | 10 | 31 | 10 | 30 | 10 | 31 | 10 | 30 | 10 | 31 | 10 | 31 | 10 | 30 | 10 | 31 | 10 | 30 |
11 | Ja. 1 | 11 | Fe. 1 | 11 | Ma. 1 | 11 | Ap. 1 | 11 | Ma. 1 | 11 | Ju. 1 | 11 | Jul. 1 | 11 | Au. 1 | 11 | Sep. 1 | 11 | Oc. 1 | 11 | No. 1 | 11 | Dec. 1 |
12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 | 12 | 2 |
13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 | 13 | 3 |
14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 | 14 | 4 |
15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 | 15 | 5 |
16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 | 16 | 6 |
17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 | 17 | 7 |
18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 | 18 | 8 |
19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 | 19 | 9 |
20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 | 20 | 10 |
21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 | 21 | 11 |
22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 | 22 | 12 |
23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 | 23 | 13 |
24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 | 24 | 14 |
25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 | 25 | 15 |
26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 | 26 | 16 |
27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 | 27 | 17 |
28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 | 28 | 18 |
29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 | 29 | 19 |
30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | 30 | 20 | ||
31 | 21 | 31 | 21 | 31 | 21 | 31 | 21 | 31 | 21 | 31 | 21 | 31 | 21 |
Short Instructions how to keep Merchants Books of Accompt, after the Italian manner.
- 1.
Mony paid.
WHen you pay any Mony to any body, make the Person Debtor, and the Account of Cash Creditor.
- 2.
Mony received.
For Mony received, make the Account of Cash Debtor, and the Person of whom it is received Creditor.
- 3.
Goods bought for ready Mony.
When Goods are bought for ready Mony, make the Account of Goods Debtor, and Cash Creditor.
- 4.
Goods sold for ready Mony.
When Goods are sold for ready Mony, make the Account of Cash Debtor, and the Goods Creditor.
- 5.
Goods bought at time.
When Goods are bought at time, then make the Account of the Goods Debtor, and the person of whom they are bought Creditor.
- 6.
Goods sold at time.
When Goods are sold at time, then make the Account of the person Debtor, and the Goods Creditor.
- 7.
Goods bought one part at time, and the rest for ready Mony.
Goods bought one part for ready Mony, and the rest at time, must be divided in two parts, namely, first, the Goods must be made Debtor for the whole sum, and the person of whom they are bought Creditor: Secondly, as much as is paid in ready Mony, you must make the person Debtor, and Cash Creditor.
- 8.
Goods sold one part for ready Mony, and the rest at time.
Goods sold one part for ready Mony, the rest at time, first you must make the person Debtor for the whole sum, and afterwards the Goods Creditor, then you must make the Cash Debtor for so much as you receive in ready Mony, and the person Creditor for the rest.
- 9.
Mony paid for Goods before it be due.
When you have bought any Goods at time, and afterwards you agree with the person which sold you the Goods to pay your Mony before it be due, with rebating or discount, then you must make the person Debtor as followeth, viz. to Cash for so much as you pay him, and to profit and loss for the rebatement, or allowance for the discount.
- 10.
Goods sold in barter for others.
When you sell Goods in barter for others, then you must make the Goods which you receive Debtor to the Goods which you deliver.
England's Benefit AND ADVANTAGE BY FOREIN-TRADE, Plainly Demonstrated.
Dedicated to the Merchant-Adventurers OF ENGLAND.
By THO. MUN, Merchant.
LONDON: Printed for Tho. Horne at the South-Entrance into the Royal-Exchange. MDCC.
[Page] [Page 37]England's Treasure BY FOREIN TRADE; OR, The Ballance of our Forein Trade is the Rule of our Treasure.
MY Son, In a former Discourse I have endeavoured, after my manner, briefly to teach thee two things: The first is Piety, how to fear God aright, according to his Works and Word: The second is Policy, how to Love and Serve thy Country, by instructing thee in the Duties and Proceedings of sundry Vocations, which either order, or else act the Affairs of the Common-wealth; In which as some things do especially tend to Preserve, and others are more apt to Enlarge the same: So am I now to speak of Mony, which doth indifferently serve to both these happy ends. Wherein I will observe this Order, First, to shew the general Means whereby a Kingdom may be enriched; and then proceed to those particular Courses by which Princes are accustomed to be supplied with Treasure. But first of all I will say something of the Merchant, because be must be a Principal Agent in this great Business.
CHAP. I. The Qualities which are required in a perfect Merchant of Forein Trade.
As it is very commendable to know what is to be done by others in their Places: So it were a great shame to be ignorant in the Duties of our own Vacations.THE Love and Service of our Country consisteth not so much in the Knowledge of those Duties which are to be performed by others, as in the skilful Practice, of that which is done by our selves; and therefore (my Son) it is now fit that I say something of the Merchant, which I hope in due time shall be thy Vocation: Yet herein are my Thoughts free from all Ambition, although I rank thee in a Place of so high estimation; for the Merchant is worthily called, The Steward of the Kingdom's Stock, by way of Commerce with other Nations; a Work of no less Reputation than Trust, which ought to be performed with great Skill and Conscience, that so the Private Gain may ever accompany the Publick Good. And because the Nobleness of this Profession may the better stir up thy Desires and Endeavours to obtain those Abilities which may effect it worthily, I will briefly set down the excellent Qualities which are required in a perfect Merchant.
1. He ought to be a good Pen-man, a good Arithmetician, and a good accomptant, by that Noble Order of Debtor and Creditor, which is used only amongst Merchants; also to be expert in the Order and Form of Charter-parties, Bills of Lading, Invoices, Contracts, Bills of Exchange, and Policies of Ensurance.
2. He ought to know the Measures, Weights, and Monies of all Forein Countries, especially where we have Trade, and the Monies not only by their several Denominations, but also by their Intrinsick Values in Weight and Fineness, compared with the Standard of this Kingdom, without which he cannot well direct his Affairs.
3. He ought to know the Customs, Tolls, Taxes, Impositions, Conducts, and other charges upon all manner of Merchandize, Exported or Imported to and from the said Forein Countries.
4. He ought to know in what several Commodities each Country abounds, and what be the Wares which they want, [Page 38]and how and from whence they are furnished with the same.
5. He ought to understand, and to be a diligent Observer of the Rates of Exchanges by Bills, from one State to another, whereby he may the better direct his Affairs, and remit over and receive home his Monies to the most advantage possible.
6. He ought to know what Goods are prohibited to be Exported or Imported in the said Forein Countries, lest otherwise he should incur great Danger and Loss in the ordering of his Affairs.
7. He ought to know upon what Rates and Conditions to Freight his Ships, and Ensure his Adventures from one Country to another, and to be well acquainted with the Laws, Orders and Customs of the Insurance-Office, both here and beyond the Seas, in the many Accidents which may happen upon the Damage or Loss of Ships or Goods, or both.
8. He ought to have Knowledg in the Goodness and in the Prices of all the several Materials which are required for the Building and Repairing of Ships, and the divers Workmanships of the same, as also for the Masts, Tackling, Cordage [...], Ordnance, Victuals, Munition, and Provisions of many kinds; together with the ordinary Wages of Commanders, Officers, and Mariners, all which concern the Merchant as he is an Owner of Ships.
9. He ought (by the divers Occasions which happen sometimes in the Buying and Selling of one Commodity and sometimes in another) to have indifferent if not perfect Knowledg in all manner of erchandze or Wares, which is to be as it were a Man of all Occupations and Trades.
10. He ought by his Voyaging on the Seas to become skilful in the Art of Navigation.
11. He ought as he is a Traveller, and sometimes abiding in Forein Countries to attain to the speaking of divers Languages, and to be a diligent Observer of the ordinary Revenues and Expences of Foreign Princes, together with their Strength both by Sea and Land, their Laws, Customs, Policies, Manners, Religions, Arts, and the like; to be able to give account thereof in all occasions for the Good of his Country.
12. Lastly, Although there be no necessity that such a Merchant should be a great Scholar; yet is it (at least) required, that in his Youth he learn the Latin Tongue, which will the better enable him in all the rest of his Endeavours.
Thus have I brieflly shewed thee a Pattern for thy Diligence, the Merchant in his Qualities; which in truth, are such, and so many, that I find no other Profession which leadeth into more wordly Knowledge. And it cannot be denied but that their Sufficiency doth appear likewise in the excellent Government of State at Venice, Luca, Genoua, Florence, the Low-Countries, and divers other Places of Christendom And in those States also where they are least esteemed, yet is there Skill and Knowledg often used by those who sit in the highest Places of Authority: It is therefore an Act beyond rashness in some, who disenable their Counsel and Judgment, (even in Books printed) making them uncapable of those Ways and Means which do either Enrich or Empoverish a Common wealth, when in truth, this is only effected by the Mystery of their Trade, as I shall plainly shew in that which followeth. It is true indeed, that many Merchants here in England, finding less encouragement given to their Profession than in other Countries, and seeing themselves not so well esteemed as their Noble Vocation requireth, and according to the great Consequence of the same, do not therefore labor to attain unto the Excellency of their Profession, neither is it practised by the Nobility of this Kingdom, as it is in other States, from the Father to the Son throughout their Generations, to their great increase of their Wealth, and maintenance of their Names and Families: There is more Honour and Profit in an Industrious Life, than in a great Inheritance which wasteth for want of VertueWhereas the Memory of our richest Merchants is suddenly extinguished; the Son being left rich, scorneth the Profession of his Father, conceiving more Honour to be a Gentleman, (although but in Name) to consume his Estate in dark Ignorance and Excess, than to follow the Steps of his Father as an Industrious Merchant to maintain and advance his Fortunes.
But now leaving the Merchant's Praise, we will come to his Practice, or at least to so much thereof as concerns the bringing of Treasure into the Kingdom.
CHAP. II. The Means to enrich this Kingdom, and to encrease our Treasure.
ALthough a Kingdom may be Enriched by Gifts received, or by Purchase taken from some other Nations, yet these are things uncertain, and of small Consideration when they happen. Forein Trade is the Rule of our Treasure.The ordinary Means therefore to increase our Wealth and Treasure is by Forein Trade, wherein we must ever observe this Rule, to sell more to Strangers yearly, than we consume of theirs in value. For suppose, that when this Kingdom is plentifully served with the Cloth, Lead, Tin, Iron, Fish, and other [Page 39]Native Commodities, we do yearly Export the Overplus to Forein Countries, to the Value of Twenty two hundred thousand pounds; by which means we are enabled beyond the Seas to buy and bring in Forein Wares for our Use and Consumptions, to the value of Twenty hundred thousand Pounds: By this Order duly kept in our Trading, we may rest assured, that the Kingdom shall be Enriched yearly two hundred thousand Pounds, which must be brought to us in so much Treasure; because that part of our Stock which is not returned to us in Wares, must necessarily be brought home in Treasure.
For in this case it cometh to pass in the Stock of a Kingdom, as in the Estate of a private Man; who is supposed to have One thousand Pounds yearly Revenue, and Two thousand Pounds of ready Mony in his Chest: If such a Man, through Excess, shall spend One thousand five hundred Pounds per An. all his ready Mony will be gone in four years; and in the like time his said Mony will be doubled, if he take a Frugal Course to spend but Five hundred Pounds per Annum; which Rule never faileth likewise in the Commonwealth, but in some cases (of no great moment) which I will hereafter declare, when I shall shew by whom and in what manner this Ballance of the Kingdom's Account ought to be drawn up yearly, or so often as it shall please the State to discover how much we Gain or Lose by Trade with Forein Nations. But first I will say something concerning those Ways and Means which will Increase our Exportations and Diminish our Importations of VVares; which being done, I will then set down some other Arguments both Affirmative and Negative, to strengthen that which is here declared, and thereby to shew, that all the other Means which are commonly supposed to Enrich the Kingdom with Treasure, are altogether Insufficient and meer Fallacies.
CHAP. III. The particular Ways and Means to increase the Exportation of our Commodities, and to decrease our Consumption of Forein Wares.
THE Revenue or Stock of a Kingdom, by which it is provided of Forein Wares is either Natural or Artificial. The Natural Wealth is so much only as can be spared from our own Use and Necessities, to be exported unto Strangers. The Artificial consists in our Manufactures and industrious Trading with Forein Commodities, concerning which I will set down such Particulars as may serve for the Cause we have in hand.
First, Although this Realm be already exceeding Rich by Nature, yet might it be much increased by laying the waste Grounds (which are infinite,) into such Employments as should no way hinder the present Revenues of other manured Lands, but hereby to supply our selves, and prevent the Importations of Hemp, Flax, Cordage, Tobacco, and divers other things which now we fetch from Strangers to our great Impoverishing.
2. We may likewise diminish our Importations, if we would soberly refrain from excessive Consumption of Forein Wares in our Diet and Rayment, with such often change of Fashions as is used, so much the more to increase the Waste and Charge; which Vices at this present are more Nototious amongst us than in former Ages. Yet might they easily be amended by enforcing the Observation of such good Laws, as are strictly practised in other Countries, against the said Excesses; where likewise, by commanding their own Manufactures to be used, they prevent the coming in of others, without Prohibition, or Offence to Strangers in their mutual Commerce.
3. In our Exportations we must not only regard our own Superfluities, but also consider our Neighbours Necessities, that so, upon the VVares which they cannot want, nor yet be furnished therewith elsewhere, we may (besides the vent of Materials,) gain so much of the Manufacture as we can, and also endeavour to sell them dear, so far forth as the high Price cause not a less vent in the Quantity. But the Superfluity of our Commodities which Strangers use, and may also have the same from other Nations, or may abate their vent by the use of some such like VVares from other Places, and with little Inconvenience; we must in this case strive to sell as cheap as possible we can, rather than to lose the Utterance of such VVares. For we have found of late Years, by good Experience, that being able to sell our Cloth cheap in Turky, we have greatly increased the vent thereof, and the Venetians have lost as much in the Utterance of theirs in those Countries because it is dearer. And on the other side, a sew Years past, when, by the excessive Prices of VVools, our Cloth was exceeding dear, we lost at least half our Clothing for Forein Parts, which since is no otherwise (well near) recovered again than by the great fall of Price for VVeols and Cloth. The State in some Occasions may gain most, when private Men by their Reventles get least.VVe find that Twenty five in the Hundred less in the Price of these and some other VVares, to the loss of private Mens Revenues, may raise above Fifty upon the Hundred in the Quantity vented to the Benefit of the Publick. For when Cloth is dear, other Nations do presently [Page 40]practice Clothing, and we know they want neither Art nor Materials to this Performance. But when by Cheapness we drive them from this Employment, and so in time obtain our dear Price again, then do they also use their former Remedy. So that by these Alterations we learn, that is in vain to expect a greater Revenue of our Wares than their Condition will afford, but rather it concerns us to apply our endeavours to the Times, with Care and Diligence to help our selves the best we may, by making our Cloth and other Manufactures without Deceit, which will increase their Estimation and Use.
4. The Value of our Exportations likewise may be much advanced when we perform it our selves in our own Ships, for then we get not only the Price of our Wares as they are worth here, but also the Merchant's Gains, the Charges of Insurance, and Freight to carry them beyond the Seas. As for Example, If the Italian Merchants should come hither in their own Shipping to fetch our Corn, our Red-Herrings, or the like, in this Case the Kingdom should have ordinarily but 25 s. for a Quarter of Wheat, and 20 s. for a Barrel of Red Herrings, whereas if we carry these Wares our selves into Italy upon the said Rates, it is likely that we shall obtain Fifty shillings for the First, and Forty shillings for the Last, which is a great Difference in the Utterance or Vent of the Kingdom's stock. And although it is true, that the Commerce ought to be free to Strangers to bring in and carry out at their pleasure; yet nevertheless in many Places, the Exportation of Victuals and Munition are either prohibited, or at least limited to be done only by the People and Shipping of those Places where they abound.
5. The Frugal expending likewise of our own Natural Wealth, might advance much yearly to be exported unto Strangers; and if in our Rayment we will be prodigal, yet let this be done with our own Materials and Manufactures, as Cloth, Lace, Embroderies, Cut-works and the like; where the Excess of the Rich may be the Employment of the Poor, whose Labours, notwithstanding of this kind, would be more profitable for the Commonwealth, if they were done to the use of Strangers.
6. The Fishing in His Majesty's Seas of England, Scotland, and Ireland, is our Natural Wealth, and would cost nothing but Labour, which the Dutch bestow willingly, and thereby draw yearly a very great Profit to themselves, by serving many places of Christendom with our Fish, for which they return and supply their Wants both of Forein VVares and Mony, besides the multitude of Mariners and Shipping, which hereby are maintain'd, whereof a long Discourse might be made, to shew the particular Manage of this Important Business. Our Fishing Plantation likewise in New-England, Virginia, Greenland, the Summer Islands, and the Newfoundland, are of the like Nature, affording much VVealth and Employments to maintain a great number of Poor, and to increase our decaying Trade.
How some States have been made Rich7. A Staple or Magazine for Forein Corn, Indico, Spices, Raw-silks, Cotton, VVool, or any other Commodity whatsoever, to be Imported, will increase Shipping, Trade, Treasure, and the Kings Customs, by Exporting them again where need shall require; which course of Trading, hath been the chief Means to raise Venice, Genoa, the Low-Countries, with some others, and for such a purpose England stands most commodiously, wanting nothing to this Performance, but our own Diligence, and Endeavour.
8. Also we ought to esteem and cherish those Trades which we have in remote or fax Countries; for besides the Increase of Shipping and Mariners thereby, the VVares also sent thither and receiv'd from thence are far more profitable unto the Kingdom, than by our Trades near at hand: As for Example, suppose Pepper to be worth here two shillings the Pound constantly, if then it be brought from the Dutch at Amsterdam, the Merchant may give there twenty pence the Pound, and gain well by the Bargain; The Traffick to the East-Indies is our most prefitable Trade in its proportion both for King and Kingdom. We get more by the Indian Wares than the Indians themselves. A Distinction between the Kingdoms Gain and the Merchant's Profit.but if he fetch this Pepper from the East-Indies, he must not give above three pence the Pound at the most, which is a mighty Advantage, not only in that Part which serveth for our own use, but also for that great Quantity which (from heence) we transport yearly unto divers others Nations to be sold at a higher Price; whereby it is plain, that we make a far greater Stock by Gain upon these Indian Commodities, than those Nations do where they Grow, and to whom they properly appertain, being the Natural VVealth of their Countries. But for the better understanding of this Particular, we must ever distinguish between the Gain of the Kingdom, and the Profit of the Merchant; for although the Kingdom payeth no more for this Pepper than is before supposed, nor for any other Commodity bought in Forein Parts more than the Stranger receiveth from us for the same; yet the Merchant payeth not only that Price, but also the Freight, Ensurance, Customs, and other charges which are exceeding great in these long Voyages; but yet all these in the Kingdoms account are but commutations among our selves, and no Privation of the Kingdom's Stock, which being duly considered, together with the Support also [Page 41]of our other Trades in our best Shipping to Italy, France, Turky, the East-Countries and other places, by Transporting and Venting the Wares which we bring yearly from the East Indies; It may well stir up our utmost Endeavours to maintain and enlarge this Great and Noble Business, so much importing the Publick Wealth, Strength and Happiness. Neither is there less Honour and Judgment by growing Rich (in this manner) upon the Stock of other Nations, than by an industrious Increase of our own Means; especially when this Latter is advanced by the Benefit of the Formers as we have found in the East-Indies by sale of much of our Tin, Cloth, Lead and other Commodities, the Vent whereof doth daily increase in those Countries which formerly had no use of our Wares.
9. It would be very beneficial to Export Mony as well as Wares, being done in Trade only, it would increase our Treasure; but of this I write more largely in the next Chapter to prove it plainly.
10. It were Policy and Profit for the State to suffer Manufactures made of Forein Materials to be exported Custom-free, as Velvets, and all other wrought Silks, Fustians, Thrown Silks, and the like, it would employ very many poor People, and much increase the Value of our Stock yearly issued into other Countries, and it would (for this Purpose) cause the more Forein Materials to be brought in, to the Emprovement of His Majesties Customs. I will here remember a notable Increase in our Manufacture of Winding and Twisting only of Forein raw Silk, which within 35 years to my knowledg, did not employ more than 300 People in the City and Suburbs of London, where at this present time it doth set on work above fourteen thousand Souls, as upon diligent Enquiry hath been credibly reported unto His Majesties Commissioners for Trade. And it is certain, that if the said Forein Commodities might be Exported from hence free of Custom, this Manufacture would yet increase very much, and decrease as fast in Italy and in the Netherlands. But if any Man alledge the Dutch Proverb, Live and let others live; I answer, that the Dutchmen, notwithstanding their own Proverb, do not only in these Kingdoms, encroach upon our Livings; but also in other Forein Parts of our Trade, (where they have power) they do hinder and destroy us in our lawful course of Living, hereby taking the Bread out of our Mouth, which we shall never prevent by plucking the Pot from their Nose, as of late. Years too many of us do practise, to the great Dishonour of this Famous Nation: We ought rather to imitate former times in taking sober and worthy Courses, more pleasing to God, and suitable to our ancient Reputation.
11. It is needful also not to charge the Native Commodities with too great Customs, lest by endearing them to the Strangers use, it hinder their Vent. And especially, Forein Wares brought in to be Transported again, should be savoured; for otherwise, that manner of Trading (so much importing the Good of the Commonwealth) cannot Prosper nor Subsist. But the Consumption of such Forein Wares in the Realm may be the more Charged, which will turn to the Profit of the Kingdom in the Ballance of Trade, and thereby also enable the King to lay up the more Treasure out of his yearly Incoms; as of this Particular I intend to write more fully in its proper Place, where I shall shew how much Mony a Prince may conveniently lay up without the hurt of his Subjects.
12. Lastly, In all things we must endeavour to make the most we can of our own, whether it be Natural or Artificial; and forasmuch as the People which live by the Arts are far more in number than they who are Masters of the Fruits, we ought the more carefully to maintain those Endeavours of the Multitude, in whom doth consist the greatest Strength and Riches both of King and Kingdom: For where the People are many, and the Arts good, there the Traffick must be greater, and the Country rich. The Italians employ a greates Number of People, and get more Mony by their Industry and Manufactures of the raw Silks of the Kingdom of Cilicia, than the King of Spain and his Subjects have, by the Revenue of this rich Commodity. But what need we fetch the Example so far, when we know that our own Natural Wares do not yeild us so much profit as our industry? for Iron-Oar in the Mines is of no great worth, when it is compared with the Employment and Advantage it yields, being Digged, Tried, Transported, Bought, Sold, Cast into Ordnance, Muskets, and many other Instruments of War, for Offence and Defence; wrought into Anchors, Bolts, Spikes, Nails, and the like, for the use of Ships, Houses, Carts, Coaches, Ploughs, and other Instruments for Tillage. Compare our Fleece-wools with our Cloth, which requires Shearing, Washing, Carding, Spinning, Weaving, Fulling, Dying, Dressing, and other Trimings; and we shall find these Arts more profitable than the Natural Wealth, whereof I might instance other Examples; but I will not be more tedious, for if I would amplifie upon this and the other Particulars before-written, I might find matter sufficient to make a large Volume, but my desire in all is only to prove what I propound with Brevity and Plainness.
CHAP. IV. The Exportation of our Monies in Trade of Merchandize, is a Means to increase our Treasure.
THis Position is so contrary to the common Opinion, that it will require many and strong Arguments to prove it, before it can be accepted of the Multitude, who bitterly exclaim when they see any Monies carried out of the Realm; affirming thereupon that we have absolutely lost so much Treasure, and that this is an act directly against the long continued Laws made and confirmed by the Wisdom of this Kingdom in the High Court of Parliament; and that many places, nay Spain itself, which is the Fountain of Mony, forbids the Exportation thereof, some Cases only excepted. To all which I might answer, that Venice, Florence, Genoua, the Low Countries, and divers other Places permit it, their People applaud it, and find great Benefit by it; but all this makes a Noise and proves nothing; we must therefore come to those Reasons which concern the Business in Question.
First, I will take that for granted which no Man of Judgment will deny, that we have no other Means to get Treasure but by Forein Trade, for Mines we have none which do afford it, and how this Mony is gotten in the Managing of our said Trade, I have already shewed, that it is done by making our Commodities which are Exported yearly, to over-ballance in value the Forein Wares which we consume; so that it resteth only to shew how our Monies may be added to our Commodities, and being jointly Exported, may so much the more increase our Treasure.
We have already supposed our yearly consumptions of Forein Wares to be for the Value of Twenty hundred thousand Pounds, and our Exportations to exceed that Two hundred thousand Pounds, which Sum we have thereupon affirmed is brought to us in Treasure, to ballance the Accompt. But now if we add three hundred thousand Pounds more in ready Mony, unto our former Exportations in Wares, what Profit can we have (will some Men say) although by this Means we should bring in so much ready Mony more than we did before, seeing that we have carried out the like value?
To this the Answer is, that when we have prepared our Exportations of Wares, and set out as much of every thing as we can spare or vent abroad: Mony begets Trade and Trade increaseeth Mony.It is not therefore said, that then we should add our Mony thereunto, to fetch in the more Mony immediately, but rather first to enlarge our Trade by enabling us to bring in more Forein VVares, which being sent out again, will in due time much increase our Treasure.
For although in this manner, we do yearly multiply our Importations to the Maintenance of more Shipping and Mariners, Improvement of His Majesties Customs, and other Benefits: yet our Consumption of those Forein VVares is no more than it was before; so that all the said Increase of Commodities, brought in by the means of our ready Mony, sent out as is afore written, doth in the end become an exportation unto us of a far greater Value than our said Monies were, which is proved by three several Examples following.
1. For I suppose that 100000 l. being sent in our Shipping to the East Countries, will buy there one hundred thousand Quarters of VVheat, clear aboard the Ships, which being after brought into England and housed, to Export the same at the best time for vent thereof in Spain or Italy, it cannot yield less in those Parts than two hundred thousand Pounds to make the Merchant but a Saver; yet by this reckoning, we see the Kingdom hath doubled that Treasure.
Remote Trades are most Gainful to the Common-Wealth.2. Again this Profit will be far Greater when we Trade thus in remote Countries, as for Example; if we send one hundred thousand pounds into the East Indies to buy Pepper there, and bring it hither, and from hence send it for Italy or Turkey, it must yield seven hundred thousand pounds at least in those Places, in regard of the Excessive charge which the Merchant disburseth in those long Voyages in Shipping, VVages, Victuals, Insurance, Interest, Customs, Imposts, and the like, all which notwithstanding the King and Kingdom gets.
3. But where the Voyages are short, and the VVares rich, which therefore will not employ much Shipping, the Profit will be far less. As when another hundred thousand Pounds shall be employed in Turky in raw Silks, and brought hither to be after Transported from hence into France, the Low Countries, or Germany, the Merchant shall have good Gain, although he sell it there but for one hundred and fifty thousand Pounds: and thus take the Voyages altogether in their Medium, the Monies Exported will be returned unto us more than Trebled. But if any Man will yet object, that these returns come to us in VVares, and not really in Mony, as they were issued out,
The Answer is, (keeping our first Ground) that if our Consumption of Forein VVares be no more yearly than is already supposed; and that our Exportations be so mightily increased by this manner of Trading with ready Mony, as is before declared: It is not then possible, but that all the Over ballance or Difference should return either in Mony, or in such Wares as we must Export again, which, as is already plainly shewed, will be still a greater Means to increase our Treasure.
[Page 43] The Proverb saith He that hath Ware, hath Mony by the Year.For it is in the Stock of the Kingdom, as in the Estates of Private Men, who having store of Wares, do not therefore say, that they will not venture out or Trade with their Mony, (for this were ridiculous) but do also turn that into Wares whereby they multiply their Mony; and so by a continual and orderly Change of one into the other, grow Rich, and when they please turn all their Estates into Treasure; for they that have Wares cannot want Mony.
Neither is it said, that Mony is the Life of Trade, as if it could not subsist without the same; for we know that there was great Trading by way of Commutation or Barter, when there was little Mony stirring in the World. The Italians and some other Nations have such remedies against this Want, that it can neither decay nor hinder their Trade, for they transfer Bills of Debt, and have Banks both Publick and Private, wherein they do assign their Credits from one to another daily for very great Sums with Ease and Satisfaction, by VVritings only, whilst, in the mean time, the Mass of Treasure which gave foundation to those Credits, is employed in Forein Trade, as a Merchandize; and by the said means they have little other use of Mony in those Countries, more than for their ordinary Expences. It is not therefore the keeping of our Mony in the Kingdom, but the Necessity and Use of our VVares in Forein Countries, and our want of their Commodities, that causeth the Vent and Consumption on all sides, which makes a quick and ample Trade. If we were once Poor, and now having gained some store of Mony by Trade, with resolution to keep it still in the Realm; shall this cause other Nations to spend more of our Commodities than formerly they have done, whereby we might say that our Trade is Quickned and Enlarged? No verily, it will produce no such good effect: but rather, according to the alteration of times by their true causes, we may expect the contrary; for all Men do consent that Plenty of Mony in a Kingdom doth make the Native Commodities dearer; which, as it is to the Profit of some Private Men in their Revenues, so is it directly against the Benefit of the Publick in the Quantity of the Trade, for as Plenty of Mony makes VVares dearer, so dear VVares decline their Use and Consumption, as hath been already plainly shewed in the last Chapter, upon that particular of our Cloth: And although this is a very hard Lesson for some great landed Men to learn, yet I am sure it is a true Lesson for all the Land to observe, lest when we have gained some store of Mony by Trade, we loose it again by not Trading with our Mony. I knew a Prince in Italy (of Famous Memory) Ferdinando the first, Great Duke of Tuscany, who being very rich in Treasure, endeavoured therewith to enlarge his Trade, by issuing out to his Merchants great Sums of Mony for very small Profit; I my self had Forty thousand Crowns of him, gratis, for a whole Year, although he knew that I would presently send it away in Specie for the Parts of Turky, to be employed in VVares for his Countries; he being well assured, that in this Course of Trade it would return again (according to the Old saying) with a Duck in the Mouth. This Noble and Industrious Prince, by his Care and diligence to countenance and favour Merchants in their Affairs, did so increase the Practice thereof, that there is scarce a Nobleman or Gentleman in all his Dominions, that doth not Merchandize either by himself, or in Partnership with others; whereby, within these thirty Years, the Trade to his Port of Leghorne is much increased, that of a poor Little Town, (as I my self knew it) it is now become a Fair and Strong City, being one of the most Famous Places for all Christendom. And yet it is worthy our Observation, that the multitude of Ships and VVares which come thither from England, the Low-Countries, and other places, have little or no means to make their returns from thence, but only in ready Mony, which they may and do carry away freely at all times, to the incredible Advantage of the said great Duke of Tuscany and his Subjects, who are much enriched by the continual great concourse of Merchants from all the States of the Neighbour Princes, bringing them plenty of Mony daily to supply their wants of the said Wares. And thus we see, that the Current of Merchandize which carries away their Treasure, becomes a flowing Stream to fill them again in a greater measure with Mony.
There is yet an Objection or two as weak as all the rest: that is, if we Trade with our Mony, we shall issue out the less Wares; as if a Man should say, those Countries which heretofore had occasion to consume our Cloth, Lead, Iron, Fish, and the like, shall now make use of our Monies in the place of those Necessaries which were most absurd to affirm, or that the Merchant had not rather carry out Wares by which there is ever some gains expected, than to Export Mony which is still but the same without any increase.
But on the contrary, there are many Countries which may yield us very profitable Trade for our Mony, which otherwise afford us no Trade at all, because they have no use of our Wares, as namely the East-Indies for one in the first beginning thereof, although since by industry in our Commerce with those Nations, we have brought them into the use of much of our Lead, Cloth, Tin, and other things, which is a good Addition to the former Vent of our Commodities.
[Page 44]Again, some Men have alleged, that those Countries which permit Mony to be carried out, do it because they have few or no VVares to Trade withal: but we have great store of Commodities, and therefore their Action ought not to be our Example.
To this the Answer is briefly, that we have such a quantity of VVares as doth fully provide us of all things needful from beyond the Seas; why should we then doubt that out Monies sent out in Trade, must not necessarily come back again in Treasure; together with the great Gains which it may procure in such manner as is before set down? And on the other side, if those Nations which send out their Monies, do it because they have but few VVares of their own, how come they then to have so much Treasure, as we ever see in those Places which suffer it freely to be Exported at all times, and by whomsoever? I answer, Even by Trading with their Monies; for by what other means can they get it, having no Mines of Gold or Silver?
Our Human actions ought especially to be considered in their endsThus may we plainly see, that when this weighty Business is duly considered in its end, as all our Humane Actions ought well to be weighed, it is found much contrary to that which most Men esteem thereof, because they search no further than the beginning of the VVork, which missinforms their Judgments, and leads them into Error: For if we behold the Actions of the Husbandman in the Seedtime when he casteth away much good Corn into the Ground, we will rather account him a Madman than a Husbandman: but when we consider his Labours in the Harvest, which is the end of his Endeavours, we find the VVorth and Plentiful Increase of his actions.
CHAP. V. Forein Trade is the only means to improve the Price of our Lands.
IT is a common saying, That Plenty or Scarcity of Mony makes all things Dear, or Good, or Cheap; and this Mony is either gotten or lost in Forein Trade, by the over or underballancing of the same, as I have already shewed. It resteth now that I distinguish the seeming Plenties of Mony from that which is only substantial and able to perform the VVork: For there are divers VVays and Means whereby to procure plenty of Mony into a Kingdom, which do not Enrich, but rather Empoverish the same, by the several Inconveniencies which ever accompany such Alterations.
As first, if we melt down our Plate into Coin (which suits not with the Majesty of so great a Kingdom, except in cases of great Extremity) it would cause Plenty of Mony for a time, yet should we be nothing the Richer, but rather this Treasure being thus altered is made the more apt to be carried out of the Kingdom, if we exceed our means by excess in Forein Wares, or maintain a War by Sea or Land, where we do not Feed and Cloath the Soldiers, and supply the Armies with our own Native Provisions, by which disorders our Treasure will soon be exhausted.
Again, if we think to bring in store of Mony by suffering Forein Coins to pass current at higher rates than their intrinsick value, compared with our Standard, or by debasing or enhancing our own Monies; all these have their several Inconveniences and Difficulties, (which hereafter I will declare) but admitting that by this means plenty of Mony might be brought into the Realm, yet should we be nothing the Richer; neither can such Treasure so gotten long remain with us. For if the Stranger or the English Merchants bring in this Mony, it must be done upon a valuable Consideration, either for Wares carried out already, or after to be Exported, which helps us nothing, except the Evil occasions of excess or VVar afore-named be removed, which do exhaust our Treasure: for otherwise, what one Man bringeth for Gain, another Man shall be forced to carry out for necessity; because there shall ever be a Necessity to ballance our Accounts with Strangers, although it should be done with loss upon the rate of the Mony, and Confiscation also if it be intercepted by the Law.
How we must get Treasure to make it our ownThe Conclusion of this Business is briefly thus: That as the Treasure which is brought into the Realm by the Ballance of our Forein Trade, is that Mony which only doth abide with us, and by which we are enriched: so by this Plenty of Mony thus gotten (and no otherwise) do our Lands improve. For when the Merchant hath a good dispatch beyond the Seas for his Cloth and other VVares, he doth presently return to buy up the greater Quantity, which raiseth the Price of our VVools and other Commodities, and consequently doth improve the Landlords Rents as the Leases expire daily: And also by this means Mony being gained, and brought more abundantly into the Kingdom, it doth enable many Men to buy Lands, which will make them the Dearer. But if our Forein Trade come to a Stop or Declination by neglect at home, or injuries abroad, whereby the Merchants are impoverished, and thereby the VVares of the Realm less issued, then do all the said Benefits cease, and our Lands fall of Price daily.
CHAP. VI. The Spanish Treasure cannot be kept from other Kingdoms by any Prohibition made in Spain.
ALL the Mines of Gold and Silver, which are as yet discovered in the sundry Places of the World, are not of so great Value as those of the West-Indies which are in the Possession of the King of Spain: Who thereby is enabled not only to keep in Subjection many goodly States and Provinces in Italy and elsewhere, (which otherwise would soon fall from his Obeisance,) but also by a continual War, taking his Advantages, doth still enlarge his Dominions, ambitiously aiming at a Monarchy by the Power of his Monies, which are the very Sinews of his Strength, that lies so far dispersed into so many Countries, yet hereby united, and his Wants supplied both for War and Peace in a plentiful manner from all the parts of Christendom, which are therefore Partakers of his Treasure by a Necessity of Commerce; wherein the Spanish Policy hath ever endeavoured to prevent all other Nations the most it could: The Policy and Benefit of Spain by the Trade to the East-Indies.For finding Spain to be poor and barren to supply itself and the West-Indies with those Varieties of Forein Wares, whereof they stand in need, they knew well that when their Native Commodities come short to this purpose, their Monies must serve to make up the reckoning; whereupon they found an incredible Advantage to add the Traffick of the East-Indies to the Treasure of the West: For the last of these being employ'd in the first, they stored themselves infinitely with rich Wares to barter with all the parts of Christendom for their Commodities, and so furnishing their own Necessities, prevented others for carrying away their Monies: Which in Point of State they hold less dangerous to impart to the remote Indians, than to their Neighbour Princes, lest it should too much enable them to resist (if not offend) their Enemies. And this Spanish Policy against others is the more remarkable, being done likewise so much to their own Advantage; for every Ryal of Eight which they sent to the East-Indies, brought home so much Wares as saved them the disbursing of five Ryals of Eight here in Europe, (at least) to their Neighbours, especially in those times when that Trade was only in their hands: but now this great Profit is failed, and the Mischief removed by the English, Dutch, and others which partake in those East-India Trades, as ample as the Spanish Subjects.
It is further to be considered, that besides the Disability of the Spaniards by their Native Commodities to provide Forein Wares for their Necessities, whereby they are forced to supply the want with Mony, they have likewise that Canker of War, which doth infinitely exhaust their Treasure, and disperse it into Christendom even to their Enemies, part by Reprisal, but especially through a necessary Maintenance of those Armies which are composed of Strangers, and lie so far remote that they cannot feed, cloth, or otherwise provide for them out of their own Native Means and Provisions, but must receive this Relief from other Nations: The effects of different Wars concerning Treasure.Which kind of War is far different to that which a Prince maketh upon his own Confines, or in his Navies by Sea, where the Soldier receiving Mony for his Wages, must every day deliver it out again for his Necessities, whereby the Treasure remains still in the Kingdom, although it be exhausted from the King: But we see that the Spaniard (trusting in the Power of his Treasure,) undertakes VVars in Germany, and in other remote Places, which would soon begger the richest Kingdom in Christendom of all their Mony; the want whereof would presently disorder and bring the Armies to Confusion, as it falleth out sometimes with Spain it self, who have the Fountain of Mony, when either it is stopp'd in the Passage by the force of their Enemies, or drawn out faster than it flows by their own Occasions; whereby also we often see, that Gold and silver is often so scant in Spain, that they are forced to use base Copper mony, to the great Confusion of their Trade, and not without the undoing also of many of their own People.
But now, that we have seen the Occasions by which the Spanish Treasure is dispersed into so many places of the VVorld, let us likewise discover how, and in what Proportion, each Country doth enjoy these Monies, for we find that Turky, 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 Forein Trade: And this is not strictly ty'd 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 Eight yearly; if we lose as much by our Trade in Turky, 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 [Page 46]thus lost with Turky, 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 clear 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.
But if yet a Question should be made, whether all Nations get Treasure and Spain only lose it? I answer, No; for some Countries by VVar, or by Excess, do lose that which they had gotten, as well as Spain by VVar and want of VVares doth lose that which was its own.
CHAP. VII. The Diversity of Gain by Forein Trade.
IN the course of Forein Trade there are three sorts of Gain, the first is that of the Common-wealth, which may be done when the Merchant, (who is the Principal Agent therein,) shall lose. The second is the Gain of the Merchant, which he doth sometimes justly and worthily effect, although the Common-wealth be a loser. The third is the Gain of the King, whereof he is ever certain, even when the Common-wealth and the Merchant shall be both lofers.
Concerning the first of these, we have already sufficiently shewed the Ways and Means whereby a Common-wealth may be Enriched in the course of Trade; whereof it is needless here to make any repetition, only I do in this Place affirm, that such happiness may be in the Common-wealth, when the Merchant in his particular shall have no occasion to rejoice. As for Example, suppose the East-India Company send out one hundred thousand Pounds into the East-Indies, and receive home for the same the full value of three hundred thousand Pounds; Hereby it is evident, that this Part of the Commonwealth is trebled, and yet I may boldly say that which I can well prove, that the 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 bulky Wares in their several Proportions, according to their Vent and Use in these parts of Europe. For the Freight of Shipping, the Insurance of this 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 endeavours, may both carry out and bring in VVares to his Advantage, by Selling and Buying them to good Profit, which is the end of his Labours; when nevertheless, the Common-wealth shall decline and grow Poor by a Disorder in the People, when through Pride and other Excesses, they do consume more Forein VVares in value than the Wealth of the Kingdom can satisfie and pay by the Exportation of our own Commodities, which is the very Quality of an Unthrift who spends beyond his Means.
Lastly, the King is ever sure to get by Trade, when both the Common-wealth and Merchant shall lose severally as afore-written, or jointly, as it may and doth sometimes happen, when at one and the same time our Commodities are over-ballanced by Forein Wares consumed, and that the Merchant's success prove no better than is before declared.
But here we must not take the King's Gain in this large sense, for so we might say that his Majesty should get, although half the Trade of the Kingdom were lost; we shall rather suppose that whereas the whole Trade of the Realm of Exportations and Importations, is now found for to be about the Yearly value of Four Millions and a half of Pounds; it may be yet increased Two hundred thousand pounds per Annum more by the Importation and Consumption of Forein Wares. By this means we know that the King shall be a Gainer near Twenty thousand pounds, but the Common-wealth shall lose the whole Two hundred thousand Pounds thus spent in Excess. And the Merchant may be a Loser also when the Trade shall in this manner be increased to the Profit of the King; who, notwithstanding, shall be sure in the end to have the greatest Loss, if he prevent not such Unthrifty Courses as do impoverish his Subjects.
CHAP. VIII. The Enhancing or Debasing our Monies, cannot Enrich the Kingdom with Treasure, nor hinder the Exportation thereof.
THere are three ways by which the Monies of a Kingdom are commonly altered. The first is, when the Coins in their several Denominations are made currant at more or less Pounds, Shillings, or Pence, than formerly. The second is, when the said Coins are altered in their Weight, and yet continue currant at the former Rates. The third is, when the Standard is either Debased or Enriched in the Fineness of the Gold and Silver, yet the Monies continue in their former Values.
In all occasions of want or plenty of Mony in the Kingdom, we do ever find divers Men, who using their Wits for a Remedy to supply the First and preserve the Last, they fall presently upon altering the Monies; for, say they, the raising of the Coins in value, will cause it to be brought into the Realm from divers Places, in hope of the Gain; and the Debasing of the Monies in the Fineness or Weight will keep it here for fear of the Loss. But these Men pleasing themselves with the beginning only of this weighty Business, consider not the Progress and End thereof, whereunto we ought especially to direct our Thoughts and Endeavours.
A Notable service for Spain.For we must know, that Mony is not only the true measure of all our other means in the Kingdom, but also of our Forein Commerce with Strangers, which therefore ought to be kept Just and Constant, to avoid those Confusions which ever accompany such alterations. For first, at Home, if the common Measure be changed, our Lands, Leases, Wares, both Forein and Domestick, must alter in proportion: And although this is not done without much Trouble and Damage also to some Men, yet in short time this must necessarily come to pass; for that is not the Denomination of our Pounds, Shillings, and Pence, which is respected, but the intrinsick value of our Coins; unto which we have little reason to add any further Estimation or Worth, if it lay in our power to do it, for this would be a special Service to Spain, and an act against our selves to indear the Commodity of another Prince. Mony is the measure of our other means.Neither can these courses which so much hurt the Subjects, any way help the King, as some Men have imagined: for although the Debasing or Lightning of all our Mony should bring a present Benefit (for once only) to the Mint, yet all this and more would soon be lost again in the future great Incoms of His Majesty, when by this means they must be paid yearly with Mony of less intrinsick value than formerly: Nor can it be said, that the whole Loss of the Kingdom would be the Profit of the King, they differ infinitely: for all Mens Estates, (be it Leases, Lands, Debts, Wares, or Mony) must suffer in their Proportions, whereas His Majesty should have the Gain only upon so much ready Mony as might be new Coined, which, in comparison, would prove a very small matter; All the ready Mony in this Kingdom is esteemed at little more than one Million of Pounds.for although they who have other Estates in Mony, are said to be a great Number, and to be worth Five or Ten thousand Pound per Man, more or less, which amounts to many millions in all; yet are they not possessed thereof all together, or at once; for it were Vanity and against their Profit to keep continually in their hands above Forty or Fifty Pounds in a Family to defray necessary Charges, the rest must ever run from Man to Man in Traffick, for their Benefit, whereby we may conceive, that a little Mony (being made the measure of all our other means) doth Rule and Distribute great matters daily to all Men in their just Proportion: And we must know likewise, that much of our old Mony is worn light, and therefore would yield little or no profit at the Mint, and the Gain upon the Heavy, would cause our vigilant Neighbours to carry over a great Part thereof, and return it presently in pieces of the New Stamp; nor do we doubt that some of our own Country-men would turn Coiners, and venture a Hanging for this Profit; so that His Majesty in the end should get little by such Alterations.
Yea, but say some Men, If His Majesty raise the Mony, great store of Treasure would also be brought into the Mint from Forein Parts, for we have seen by Experience, that the late raising of our Gold ten in the Hundred, did bring in great store thereof, more than we were accustomed to have in the Kingdom; the which as I cannot deny, so do I likewise affirm, that this Gold carried away all or the most part of our Silver, (which was not over-worn or too light) as we may easily perceive by the present use of our Monies in their respective qualities: And the Reason of this Change is, because our Silver was not raised in proportion with our Gold which still giveth advantage to the Merchant, to bring in the Kingdom's Yearly Gain by Trade in Gold rather than in Silver.
Secondly, If we be inconstant in our Coins and and thereby violate the Laws of Forein Commerce; other Princes are vigilant in these Cases, to alter presently in proportion with us, and then where is our hope? Or if they do not alter, what can we hope for? For if the Stranger-merchant bring in his Wares, and find that our Monies are raised, shall not he likewise keep his Commodities [Page 48]until he may sell them dearer? And shall not the Price of the Merchant's Exchange with Forein Countries, rise in Proportion with our Monies? All which being undoubtedly true, why may not our Monies be carried out of the Kingdom as well, and to as much profit, after the raising thereof, as before the Alteration?
But peradventure some Men will yet say, that if our Monies be raised, and other Countries raise not, it will cause more Bulloin and Forein Coins to be brought in than heretofore. If this be done, it must be performed either by the Merchant who hath exported Wares, or by the Merchant who intends to buy off our Commodities: And it is manifest that neither of these can have more Advantage or Benefit by this Art now, than they might have had before the Alteration of the Mony. For if their said Bulloin and Forein Coins be more worth than formerly in our Pounds, Shillings, and Pence, yet what shall they get by that, when these Monies are Baser or Lighter, and that therefore they are risen in Proportion? So we may plainly see, that these innovations are no good means to bring Treasure into the Kingdom, nor yet to keep it here when we have it.
CHAP. IX. A Toleration for Forein Coins to pass currant here at higher Rates than their Value with our Standard, will not encrease our Treasure.
Merchants do or ought to know the Weight and Fineness of Forein Coins.THE discreet Merchant for the better directing of his Trade, and his Exchanges by Bills to and from the several Places of the World where he is accustomed to deal, doth carefully learn the Parity or equal Value of the Monies according to their Weight and Fineness compared with our Standard, whereby he is able to know perfectly the just Profit or Loss of his Affairs. And I make no doubt, but that we Trade to divers places where we vent off our Native Commodities yearly, to a great Value, and yet find few or no Wares there fitting our use, whereby we are enforced to make our returns in ready Mony, which by us is either carried into some other Countries to be converted into Wares which we want, or else it is brought into the Realm in Specie; which being tolerated to pass currant here in Payment, at higher rates than they are worth to be Coined into Sterling Mony; that seemeth very probable that the greater Quantity will be brought in: but when all the Circumstances are duly considered, this Course likewise will be found as weak as the rest to increase our Treasure.
First, the Toleration itself doth break the Laws of entercourse, and would soon move other Princes to perform the same acts, or worse, against us. And so frustrate our hopes.
Secondly, If Mony be the true Measure of all other means, and Forein Coins tolerated to pass current amongst us, at higher rates than they are worth (being compared with our Standard) it followeth, that the Common-wealth shall not be justly distributed, when that passeth by a false Measure.
Thirdly, If the Advantage between ours and Forein Coins be but small, that will bring in little or no Treasure, because the Merchant will rather bring in Wares upon which there is usually a competent Gain. And on the other side, if we permit a great Advantage to the Forein Coins, then that Gain will carry away all our Sterling Mony; and so I leave this Business in a Dilemma, and fruitless, as all other courses will ever prove, which seek for the Gain or Loss of our Treasure, out of the Ballance of our general Forein Trade, as I will endeavour yet further to demonstrate.
CHAP. V. The Observation of the Statute of Imployments to be made by Strangers, cannot Increase, nor yet Preserve our Treasure.
TO keep our mony in the Kingdom is a Work of no less Skill and Difficulty than to augment our Treasure: For the Causes of their Preservation and Production are the same in Nature. The Statute for Employment of Stranger's Wares into our Commodities, seemeth at first to be a good and a Lawful way leading to those ends; but upon the Examination of the Particulars, we shall find, that it cannot produce such good Effects.
The Ʋse of Forein Trade is alike to all Nations.For as the Use of Forein Trade is alike unto all Nations, so may we easily perceive what will be done therein by Strangers, when we do but observe our own proceedings in this weighty Business, by which we do not only seek, with the vent of our own Commodities, to supply our wants of Forein Wares, but also to enrich our selves with Treasure: All which is done by a different manner of Trading, according to our own Occasions and the nature of the Places whereunto we do Trade; as namely, in some Countries we sell our Commodities and bring away their Wares, or part in Mony; in other Countries we sell our Goods and take their Mony, because they have little or no Wares that fit our turns: Again, in some Places we have need of their Commodities [Page 49]but they have little use of ours; so they take our Mony which we get in other Countries: And thus by a course of Traffick, (which changeth according to the Accurents of time) the particular Members do accommodate each other, and all accomplish the whole Body of the Trade, How Forein Trade is destroyed.which will ever languish, if the Harmony of her health be distempered by the Diseases of Excess at home, Violence abroad, Charges and Restrictions at home or abroad, but in this Place I have occasion to speak only of Restriction, which I will perform briefly.
There are three ways by which a Merchant make the returns of his Wares from beyond the Seas, that is to say in Mony, in Commodities, or by Exchange. But the Statute of Employment doth not only restrain Mony, (in which there is a seeming Providence and Justice) but also the Use of the Exchange by Bills, which doth violate the Law of Commerce, and is indeed an Act without Example in any place of the World where we have Trade, and therefore to be considered, that whatsoever (in this kind) we shall impose upon Strangers here, will presently be made a Law for us in their Countries, especially where we have our greatest Trade with our vigilant Neighbours, who omit no care nor occasion to support their Traffick in equal Privileges with other Nations. And thus in the first place, we should be deprived of that Freedom and Means which now we have to bring Treasure into the Kingdom, and therewith likewise we should lose the Vent of much Wares, which we carry to divers places, whereby our Trade and our Treasure would decay together.
Secondly, If by the said Statute we thrust the Exportation of our Wares (more than ordinary) upon the Stranger, we must then take it from the English, which were injurious to our Merchants, Mariners, and Shipping; besides the hurt to the Commonwealth, in venting the Kingdom's Stock to the Stranger, at far lower rates here, than we must do if we sold it to them in their own Countries, as is proved in the third Chapter.
Thirdly, Whereas we have already sufficiently shewed, that if our Commodities be over-ballanced in value by Forein Wares, our Mony must be carried out. How is it possible to prevent this by tying the Stranger's hands, and leaving the English loose? Shall not the same Reasons and Advantage cause that to be done by them now, that was done by the other before? Or if we make a Statute (without example) to prevent both alike, shall we not then overthrow all at once? The King in his Cuostms, and the Kingdom in her Profits; for such a Restriction must of necessity destroy much Trade, because the diversity of Occasions and Places, which make an ample Trade, require that some Men should both Export and Import Wares; some Export only, others Import; some deliver our their Monies by Exchange, others take it up; some carry out Mony, others bring it in, and this in a greater or lesser Quantity, according to the good Husbandry or Excess in the Kingdom, over which only if we keep a strict Law, it will rule all the rest, and without this all other Statutes are no Rules either to keep or procure us Treasure.
Lastly, To leave no Objection unanswered, if it should be said, that a Statute comprehending the English as well as the Stranger, must needs keep our Mony in the Kingdom: What shall we get by this, if it hinder the coming in of Mony by the decay of that ample Trade which we enjoyed in the Freedom thereof? Is not the Remedy far worse than the Disease? Shall we not live more like Irishmen than Englishmen, when the King's Revenues, our Merchants, Mariners, Shipping, Arts, Lands, Riches, and all decay together with our Trade?
Yea, but say some Men, we have better hopes than so; for the Intent of the Statute is, that as all the Forein Wares which are brought in shall be employed in our Commodities, thereby to keep our Mony in the Kingdom: So we doubt not but to send out a sufficient Quantity of our own Wares over and above, to bring in the Value thereof in ready Mony.
Although this is absolutely denied by the Reasons afore-written, yet now we will grant it, because we desire to end the Dispute: For if this be true, that other Natitions vent more of our Commodites, than we consume of theirs in value, then I affirm, that the over-plus must necessarily return unto us in Treasure, without the Use of the Statute, which is therefore not only fruitless but hurtful, as some other like restrictions are found to be when they are fully discovered.
CHAP. XI. It will not increase our Treasure to enjoyn the Merchant that exporteth Fish, Corn, or Munition, to return all or part of the Value in Mony.
VIctuals and Munition for War, are so precious in a Common-Wealth, that either it seemeth necessary to restrain the Exportation altogether, or (if the Plenty permits it) to require the return thereof in so much Treasure; which appeareth to be reasonable and without difficulty, because [Page 50] Spain and other Countries do willingly part with their Mony for such Wares, although in other occasions of Trade they straightly prohibit the Exportation thereof: All which I grant to be true; yet notwithstanding, we must consider that all the Ways and Means which (in course of Trade) force Treasure into the Kingdom, do not therefore make it ours; for this can be done only by a Lawful Gain, and this Gain is no way to be accomplished but by the Over-ballance of our Trade, and this Over-ballance is made less by restrictions: Some restrictions hinder Trade.Therefore such Restrictions do hinder the Increase of our Treasure. The Argument is plain, and needs no other Reasons to strengthen it, except any Man be so vain to think that Restrictions would not cause the less Wares to be exported. But if this likewise should be granted, yet to enjoyn the Merchant to bring in Mony for Victuals and Munition carried out, will not cause us to have one Peny the more in the Kingdom at the Years end; For whatsoever is forced in one way, must out again in another way: because only so much will remain and abide with us, as is Gained and Incorporated into the Estate of the Kingdom by the Over-ballance of the Trade.
This may be made plain by an example taken from an Englishman, who had occasion to buy and consume the Wares of divers of Strangers for the Value of one thousand Pounds, he sold them to the said Strangers, and presently forced all the Mony from them, there remained only four hundred Pounds to the said Englishman, for Over-ballance of the Wares bought and sold; so the rest which he had received was returned back from whence he forced it. And this shall suffice to shew, that whatsoever courses we take to force Mony into the Kingdom, yet so much only will remain with us as we shall gain by the Ballance of our Trade.
CHAP. XII. The Ʋndervaluing of our Mony which is delivered or received by Bills of Exchange here or beyond the Seas, cannot decrease our Treasure.
THE Merchants Exchange by Bills, is a Means and Practice whereby they that have Mony in one Country, may deliver the same to receive that again in another Country, at certain Times and Rates agreed upon, whereby the Lender and the Borrower are accommodated without transporting of Treasure from State to State.
These Exchanges thus made between Man and Man, are not contracted at the equal value of the Monies, according to their respective Weights and Fineness: First, because he that delivereth his Mony, doth respect the Venture of the Debt, and the time of Forbearance; but that which causeth an under or over-valuing of Monies by Exchange, is the Plenty or Scarcity thereof in those Places where the Exchanges are made. For Example, when here is plenty of Mony to be delivered for Amsterdam, then shall our Mony be under-valued in Exchange, because they who take up the Mony, seeing it so plentifully thrust upon them, do thereby make advantage to themselves, in taking the same at an undervalue.
And contrarywise, when here is Scarcity of Mony to be delivered for Amsterdam, the Deliverer will make the same Advantage, by over-valuing our Mony which he delivereth. Plenty of Mony makes the Exchange cheap, and all other things dear.And thus we see, that as Plenty or Scarcity of Mony in a Common-wealth doth make all Good, things Dear or Cheap; so in the Course of Exchange it hath ever a contrary Working; wherefore in the next Place, it is fit to set down the true Causes of this Effect.
As Plenty or Scarcity of Mony do make the Price of the Exchange high or low, so the Over or Under-ballance of our Trade doth effectually cause the Plenty or Scarcity of Mony: And here we must understand, that the Ballance of our Trade is either General or Particular. The General is, when all our yearly Traffick is jointly valued, as I have formerly shewed; the Particular is when our Trade to Italy, France, Turky, Spain, and other Countries are severally considered; and by this latter Course we shall perfectly find out the Places where our Mony is under or over-valued in Exchange: For although our general Exportations of Wares may be yearly more in value than that which is Imported, whereby the difference is made good to us in so much Treasure; nevertheless, the Particular Trades do work diversly: For peradventure the Low-Countries may bring us more in value than we sell them, which if it be so, then do the Low-Country Merchants not only carry away our Treasure to ballance the Accompt between us, but also by this means Mony being plentiful here to be delivered by Exchange; What kinds of Plenty or Scarcity of Mony make the Exchange high or low.it is therefore undervalued by the Takers as I have before declared; and contrary wise, if we carry more Wares to Spain, and other Places, than we consume of theirs, then do we bring away their Treasure, and likewise in the Merchant's Exchange we over-value our own Mony.
Yet still there are some who will seem to make this Plain by Demonstration, that the Under-valuing of our Mony by Exchange, doth carry it out of the Kingdom: For say they, we see daily great store of our English Coins carried over, which pass current in the Low-Countries, and there is great advantage [Page 51]to carry them thither, to save the Loss which the Low-Country-men have in the Exchange; for if one Hundred Pounds sterling delivered here, is so much undervalued, that Ninety Pounds of the same Sterling Mony, carried over in Specie, shall be sufficient to make repayment and full Satisfaction of the said hundred Pounds at Amsterdam: Is it not then (say they) the Undervaluing of our Mony which causeth it to be carried out of the Realm?
To this Objection I will make a full and plain Answer, shewing, that it is not the Undervaluing of our Mony in Exchange, but the Over-ballancing of our Trade that carrieth away our Treasure. For suppose that our whole Trade with the Low-Countries, for Wares brought into this Realm, be performed only by the Dutch for the Value of Five hundred thousand Pounds yearly; and that all our Commodities transported into the said Low-Countries be performed only by the English for Four hundred thousand Pounds yearly. Is it not then manifest, that the Dutch can Exchange only four hundred thousand Pounds with the English upon the Par pro Pari, or equal value of the respective Standards? So the other Hundred thousand Pounds which is the Over-ballance of the Trade, they must of necessity carry that away in Mony. And the self-same Loss of Treasure must happen, if there were no Exchange at all permitted; for the Dutch carrying away our Mony for their Wares, and we bringing in their Forein Coins for their Commodities, there will be still one hundred thousand Pounds loss.
Now let us add another Example, grounded upon the aforesaid proportion of Trade between us and the Low-Countries. The Dutch (as afore written) may Exchange with the English for 400000 Pounds and no more, upon the equal Value of the Monies, because the English have no further means to satisfie. But now, Suppose that in respect of the Plenty of Mony, which in this Case will be here in the hands of the Dutch to deliver by Exchange, The Ʋndervaluing of our Mony in Exchange is the Strangers Loss and our Gain.our Mony (according to that which hath been already said) will be under-valued Ten per Cent. then is it manifest, that the Dutch must deliver Four hundred and forty thousand Pounds to have the Englishman's Four hundred thousand Pounds in the Low-Countries. so that there will then remain but 60000 Pounds for the Dutch to carry out of the Realm, to ballance the Accompt between them and us. Whereby we may plainly perceive that the Undervaluing of our Mony in Exchange, will not carry it out of the Kingdom, as some Men have supposed; but rather is a Means to make a less Quantity thereof to be Exported, than would be done at the Par pro Pari.
Further, Let us suppose that the English, Merchant carried out as much Wares in Value, as the Dutch Merchant bringeth in, whereby the Means is equal between them to make their returns by Exchange, without carrying away of any Mony to the Prejudice of either State. And yet notwithstanding, the Dutch Merchant for his occasions or advantage will forsake this Course of Exchange, and will venture to send part of his Returns in ready Mony.
To this the Answer is, that hereupon it must follow of Necessity, that the Dutch shall want just so much means in Exchange with the English, who therefore shall be forced to bring in the like Sum of Mony from beyond the Seas, as the Dutch carried out of this Realm; so that we may plainly perceive, that the Monies which are carried from us within the Ballance of our Trade are not considerable, for they do return to us again; and we lose those Monies only which are made of the Over-ballance of our general Trade: That is to say, That which we spend more in value in Forein Wares, than we utter of our own Commodities. And the contrary of this, is the only means by which we get our Treasure. 1. The Canker of England's Commonwealth. 2. Free Trade. 3. Lex Mercatoria. 4. The Centre of Trade.In vain therefore hath Gerard Malines laboured so long, and in so many Printed Books, to make the World believe that the Under-valuing of our Mony in Exchange doth exhaust our Treasure, which is a meer Fallacy of the Cause, attributed that to a Secondary Means, whose effects are wrought by another Principal Efficient, and would also come to pass although the said Secondary Means were not at all. As vainly also hath he propounded a remedy by keeping the Price of Exchange by Bills, at the Par pro Pari, by Publick Authority, which were a New-found Office without Example in any part of the World, being not only Fruitless, but also hurtful, as hath been sufficiently proved in this Chapter, and therefore I will proceed to the next.
CHAP. XIII. The Merchant who is a meer Exchanger of Mony by Bills, cannot Increase or Decrease our Treasure.
THere are certain Merchants which deal only upon all advantages in the Exchange, and neither Export nor Import Wares into the Kingdom, which hath caused some Men to affirm, that the Mony which such meer Exchangers bring in or carry out of the Realm, is not comprehended in the Ballance of our Forein Trade; for (say they) sometimes when our Sterling Mony hath been undervalued, and delivered here for Amsterdam [Page 52]at 10 per Cent. less than the equal Value of the respective Standards, the said meer Exchanger may take here one thousand Pounds Sterling, and carry over only nine hundred thereof in Specie, which will be sufficient to pay his Bill of Exchange. And so upon a Greater or Lesser Sum, the like Gain is made in three Months time.
But here we must know, that although this meer Exchanger deal not in Wares, yet notwithstanding the Mony which he carrieth away in manner afore-written, must necessarily proceed of such Wares as are brought into the Kingdom by Merchants. So that still it falleth into the Ballance of our Forein Trade, and worketh the same Effect, as if the Merchant himself had carried away that Mony, which he must do if our Wares be over-ballanced, as ever they are when our Mony is undervalued, which is expressed more at large in the 12th Chapter. And on the contrary, when the meer Exchanger (by the said advantages) shall bring Mony into the Kingdom, he doth no more than necessarily must be done by the Merchant himself, when our Commodities over-ballance Forein Wares. But in these Occasions some Merchants had rather lose by delivering their Mony at an undervalue in Exchange, than undertake to hazard all by the Law; which, notwithstanding, these meer Exchangers will perform for them in hope of Gain.
CHAP. XIV. The Admirable Feats supposed to be done by Bankers and the Merchant's Exchange.
ALthough I have already written something concerning the Merchant's Exchange, and therein of the Uunder-valuation of our Mony, and of the meer Exchanger, with their true Causes and Effects; Nevertheless it will not be impertinent to pursue this Business yet a little further, and thereby not only to strengthen our former Arguments, but also to avoid some cunning Delusions which might deceive the Unskilful Reader of those Books entituled, Lex Mercatoria, Pag. 409. and The Maintenance of Free Trade, p. 16. wherein the Author, Gerard Malines letteth down the admirable Feats (as he termeth them) which are to be done by Bankers and Exchangers, with the Use and Power of the Exchange: But how these Wonders may be effected, he altogether omitteth, leaving the Reader in a strange Opinion of these dark Mysteries, which I cannot think he did for want of Knowledge; for I find him Skilful in many things which he hath both Written and Collected concerning the Affairs of Merchants, and in Particular, he Discourses well of divers Uses, Forms, and Passages of the Exchange, in all which as he hath taken great pains for the Good of others, so do his Works of this kind deserve much Praise: But where he hath disguised his own Knowledge with Sophistry to further some private ends, by hurting the Publick Good; there ought he to be discovered and prevented; unto which performance (in this Discourse of Treasure) I find my self obliged, and therefore I intend to effect it by shewing the true Causes and Means whereby these Wonders are done, which Malines attributeth to the sole Power of the Exchange. But first, for Order, I think it fit to set down the Particular Feats, as they stand in his said Books.
- 1. To lay their Mony with Gain in any place of the World, where any Exchange lyeth.
- 2. To gain and wax Rich, and never meddle with any Prince's Commodities.
- 3. To buy any Prince's Commodity, and never bring Peny nor Peny-worth into the Realm, but do that with the Subject's Mony.
- 4. To grow Rich, and live without Adventure at Sea or Travel.
- 5. To do great Feats having credit, and yet to be nought worth.
- 6. To understand whether in conjecture their Mony employed on Exchange, or buying of Wares will be more Profit.
- 7. To know certainly what the Merchants gain upon their Wares they Sell and Buy.
- 8. To Live and Increase upon every Prince's Subjects, that continually take up Mony by Exchange, and whether they Gain or no.
- 9. To wind out every Prince's Treasure out of his Realm,
☜whose Subjects bring in more Wares than they carry out of the Realm.
- 10. To make the Staple of Mony run thither where the rich Prince will have it to be brought, and pay for it.
- 11. To unfurnish the Poor Prince of his provision of Mony, that keeps his Wares upon Interest-Mony, if the Enemy will seek it.
- 12. To furnish their need of Mony that tarry the Selling of their Wares in any Contract, until they make them come to their Price.
- 13. To take up Mony to engross any Commodity, either new come, or whereof they have some store, to bring the whole Trade of that Commodity into their own hands to sell both at their Pleasure.
- [Page 53]14. To hide their carrying away of any Prince's Mony.
- 15. To fetch away any Prince's fine Mony, with his own, or any other Prince's base Mony.
- 16. To take up Princes base Mony, and to turn into his fine Mony, and to pay the Deliverer with his own, and gain too.
- 17. To take upon credit into their hands for a time, all the Merchant's Mony that will be delivered, and pay them with their own, and gain too.
- 18. To make the Realm gain of all other Realms, whose Subjects live most by their own Commodities, and sell yearly the Overplus into the World, and both Occupy that increase yearly, and also their old store of Treasure upon Exchange.
- 19. To undo Realms and Princes that look not to their Common-wealth, when the Merchant's Wealth is such, that the Great Houses conspire together so to rule the Exchange, that when they will be Deliverers, they will receive in another Place, above the Standard of the Mint of the Prince's Mony delivered: And when they will be takers, they will pay the same in another Place under the Standard of the Mint of the Prince's Mony taken up.
- 20. To get ready Mony to buy any Commodity that is offered cheap.
- 21. To compass ready Mony to get any ossered Bargain out of another Man's hands, and so by out-bidding others, oftentimes to raise the Wares.
- 22. To get a Part and sometimes all his Gains, that employeth Mony taken up by Exchange in Wares, and so make others Travel for their Gain.
- 23. To keep Princes for having any Customs, Subsidies, or Taxes upon their Mony, as they employ it not.
- 24. To value justly any Wares they carry into any Country, by setting them at that Value, as the Mony that bought them was then at by Exchange in the Country whither they be carried.
If I had a Desire to amplifie in the Explanation of these VVonders, they would afford me Matter enough to make a large Volume, but my intent is to do it as briefly as possibly I may without obscurity. And before I begin, I cannot choose but Laugh to think how a worthy Lawyer might be dejected in his laudable Studies, when he should see more cunning in Lex Mercatoria by a little Part of the Merchant's Profession, than in all the Law-Cases of his Learned Authors; For this Exchange goes beyond Conjuring; I think verily, that neither Doctor Faustus, nor Banks his Horse, could ever do such admirable Feats, although it is sure they had a Devil to help them; but we Merchants deal not with such Spirits, we delight not to be thought the VVorkers of Lying VVonders, and therefore I endeavour here to shew the Plainness of our Dealing (in these supposed Feats) to be agreeable to the Laudable Course of Trade.
And first, To lay our Mony with gain, to any place of the World where Exchange lieth. How can this be done (will some Men say) for Amsterdam, when the Loss by Exchange is sometimes Eight or Ten per Cent. more or less for one Month's usance? The answer is, That here I must consider, The Principal efficient cause of Loss by ExchangeFirst, that the Principal efficient Cause of this Loss, is a greater Value in VVares brought from Amsterdam, than we carry thither, which make more Deliverers than Takers here by Exchange, whereby the Mony is undervalued, to the Benefit of the Taker: Hereupon the Deliverer, rather than he will lose by his Mony, doth consider those Countries, unto which we carry more VVares in value than we receive from them; as namely, Spain, Italy, and others; to which Places he is sure (for the Reasons aforesaid) that he shall ever deliver his Mony with Profit. But now you will say, that the Mony is further from Amsterdam than before; How shall it be got together? Yes, well enough; and the farther about will prove the nearest VVay home, if it come at last with good Profit; the first Part whereof being made (as we have supposed) in Spain, from thence I consider where to make my second Gain; and finding that the Florentines send out a greater Value in Cloth of Gold and Silver, wrought Silks, and Rashes to Spain, than they receive in Fleece VVools, West-India Hides, Sugar and Cochineal, I know I cannot miss of my purpose, by delivering my Mony for Florence; where (still upon the same Ground) I direct my course from thence to Venice, and there find that my next Benefit must be at Franckfort or Antwerp, until at last I come to Amsterdam by a shorter or longer Course, according to such occasions of advantage as the Times and Places shall afford me. And thus we see still, that the Profit and Loss upon the Exchange, is guided and ruled by by the Over or Under-ballance of the several Trades which are Predominant and Active, making the Price of Exchange high or low, which is therefore Passive, the contrary whereof is so often repeated by the said Malines.
To the Second, Fourth, Fourteenth, and Twenty Third, I say, that all these are the proper VVorks of the meer Exchanger, and that his Actions cannot work to the Good or Hurt of the Common wealth, I have already sufficiently shewed in the last Chapter, and therefore here I may spare that labour.
[Page 54]To the Third, It is true, I can deliver one Thousand Pounds here by Exchange, to receive the Value in Spain, where with this Spanish Mony I can buy and bring away so much Spanish Wares. But all this doth not prove, but that in the End the English Mony or Commodities must pay for the said Wares: For if I deliver my Thousand Pounds here to an English-man, he must pay me in Spain, either by Goods already sent, or to be sent thither; or if I deliver it here to a Spaniard, he takes it of me, with intent to employ it in our Wares; so that every way we must pay the Stranger for what we have from him: Is there any Feats in all this worthy our admiration?
To the Fifth, Thirteenth, Twentieth, and Twenty First. I must answer these Wonders by heaps, where I find them to be all one Matter in divers Forms; and such froth also, that every Idiot knows them, and can say, that he who hath credit can Contract, Buy, Sell, and take up much Mony by Exchange, which he may do as well also at Interest: yet in these Courses they are not always gainers, for sometimes they live by the Loss, as well as they who have less credit.
To the Sixth and Seventh. Here is more poor stuff; for when I know the currant Price of my Wares, both here and beyond the Seas, I may easily conjecture whether the Profit of the Exchange, of the Gain which I expect upon my Wares will be greater. And again, as every Merchant knows well what he gains upon the Wares he Buyeth and Selleth; so may any other Man do the like, that can tell how the said Merchant hath proceeded: But what is all this to make us admire the Exchange?
To the Eighth and Twelfth. As Bankers and Exchangers do furnish Men with Mony for their occasions, so do they likewise who let out their Mony at Interest, with the same hopes and like advantage, which many times notwithstanding fails them, as well as the Borrowers often labour for the Lender's Profit.
To the Ninth and Eighteenth. Here my Author hath some secret Meaning, or being conscious of his own Errors, doth mark these two VVonders with a ☞ in the Margin. For why should this great VVork of Enriching or Impoverishing of Kingdoms, be attributed to the Exchange, which is done only by those means that do Over or Underballance our Forein Trade, as I have already so often shewed, and as the very words of Malines himself in these two Places, may intimate to a Judicious Reader?
To the Fifteenth and Sixteenth, I confess, that the Exchange may be used in turning Base Mony into Gold or Silver; as when a Stranger may coin and bring over a great Quantity of Farthings, which, in short time, he may disperse or convert into good Mony, and then deliver the same here by Exchange, to receive the Value in his own Country; or he may do this Feat by carrying away the said good Mony in Specie, without using the Exchange at all, if he dare venture the Penalty of the Law. The Spaniards know well who are the common Coiners of Christendom, that dare venture to bring them store of Copper-mony of the Spanish Stamp, and carry away the Value in good Ryals of Eight, wherein, notwithstanding all their cunning devices, they are sometimes taken tardy.
To the Seventeenth. The Bankers are always ready to receive such Sums of Mony as are put into their hands by Men of all Degrees, who have no Skill or good Means themselves to manage the same upon the Exchange to Profit. It is likewise true, that the Bankers do repay all Men with their own, and yet reserve good Gain to themselves; which they do as well deserve for their ordinary Provision or Allowance, as those Factors do which Buy or Sell for Merchants by Commission: And is not this likewise both Just and very Common?
Lex Mercatoria, pag. 410. Maintenance of Free Trade p. 17.To the Eleventh. I must confess, that here is a VVonder indeed, that a poor Prince should keep either his VVars or VVares (I take both together as the Author sets them down both ways differing in his said two Books) upon Interest-Mony, for what needs the Enemy of such a poor Prince deal with the Bankers, to disapoint him or defeat him of his Mony in time of want, when the Interest itself will do this fast enough; and so I leave this poor Stuff.
To the Nineteenth. I have lived long in Italy, where the greatest Banks and Bankers of Christedom do trade, yet could I never see nor hear, that they did, or were able, to rule the Price of Exchange by Confederacy, but still the Plenty or Scarcity of Mony in the course of Trade, did always over-rule them, and made the Exchanges to run at high or low Rates.
Exchange hinders not Princes of their Customs.To the Twenty Second. The Exchange by Bills between Merchant and Merchant in the course of Trade, cannot hinder Princes of their Customs and Imposts: For the Mony which one Man delivereth, because he will not, or hath not occasion to employ it in VVares another Man taketh, because he either will, or hath already, laid it out in Merchandize. But it is true, that when the Wealth of a Kingdom consisteth much in ready Mony, and that there is also good Means and Conveniency in such a Kingdom to Trade with the same into Forein Parts, either by Sea or Land, or by both these [Page 55]Ways; if then this Trade be neglected, the King shall be defeated of those Profits; and if the Exchange be the Cause thereof, then must we learn in what manner this is done, for we may Exchange either amongst our selves, or with Strangers; if amongst our selves, the Common-wealth cannot be enriched thereby; for the Gain of one Subject is the Loss of another. And if we Exchange with Strangers, then our Profit is the Gain of the Common wealth. Yet by none of these ways can the King receive any Benefit in his Customs. Let us therefore seek out the Places where such Exchanging is used, and set down the Reasons why this Practice is permitted; in search whereof, we shall only find one Place of note in all Christendom, which is Genoua, whereof I intend to say something as briefly as I can.
The present State of the Common-Wealth of Genoua.The State of Genoua is small, and not very Fertile, having little Natural Wealth or Materials to employ the People, nor yet Victuals sufficient to feed them; but nevertheless, by their Industry in former times by Forein Trade into Aegypt, Soria, Constantinople, and all those Levant Parts for Spices, Drugs, Raw Silks, and many other Rich Wares, with which they served the most Places of Europe, they grew to an incredible Wealth, which gave life unto the Strength of their Cities, the Pomp of their Buildings, and other singular Beauties. But after the Foundation and Increase of that Famous City of Venice, the said Trades turned that way. And since likewise the greatest Part thereof doth come into England, Spain, and the Low-Countries, by Navigation, directly from the East-Indies, which alterations in the Traffick, hath forced them of Genoua to change their course of Trading with Wares, into Exchanging of their Mony: which, for Gain, they spread not only into divers Countries where the Trade is performed with Merchandize; but more especially, they do therewith serve the want of the Spaniards in Flanders and other Places, for their Wars, whereby the Private Merchants are much Enriched, but the Publick Treasure by this Course is not increased, and the Reasons why the Common-wealth of Genoua doth suffer this Inconvenience, are these.
First, and Privcipally, they are forced to leave those Trades which they cannot keep from other Nations, who have better means by Situation, Wares, Shipping, Munition, and the like, to perform these Affairs with more advantage than they are able to do.
Secondly, They proceed like a wife State, who still retain as much Trade as they can, although they are not able to procure the Twentieth Part of that which they had. For having few or no Materials of their own to employ their People, yet they supply this want by the Fleece-wools of Spain, and Raw Silks of Sicilia, working them into Velvets, Damasks, Sattens, Wollen-drapery, and other Manufactures.
Thirdly, Whereas they find no means in their own Country to employ and Trade their great Wealth to Profit, they content themselves to do it in Spain and other places, either in Merchandize, or by Exchanging their Monies for gain, to those Merchants who trade therewith in Wares. And thus, wheresoever they live abroad for a Time, circulting the World for Gain; yet in the end, the Centre of this Profit is in their own Native Country.
Lastly, The Government of Genoua being Aristocracy, they are assured, that although the Publick get little, yet if their Private Merchants gain much from Strangers, they shall do well enough, because the Richest and Securest Treasure of a Free State, are the riches of the Nobility, (who in Genoua are Merchants) which falleth not out so in a Monarchy, where between the comings in of a Prince, and the means of Private Men, there is this Distinction of Meum & Tuum but in the Occasions and Dangers of a Republick or Common-wealth, where Liberty and Government might be changed into Servitude, there the Proper substance of private Men is the publick Treasure, ready to be spent with their lives in defence of their own Sovereignty.
To the Twenty Fourth. If a Merchant should buy VVares here, with intentions to send them for Venice, and then value them as the Exchange comes from thence to London, he may find himself far wide of his reckoning: For before his Goods arrive at Venice, both the Price of his VVares and the Rate of the Exchange, may alter very much. But if the meaning of the Author be, that this Valuation may be made after the Goods arrive, and are sold at Venice, and the Mony remitted hither by Exchange; or else the Mony which bought the said VVares here, may be valued as the Exchange passed at that time from hence to Venice; Is not all this very common and easie Business, unworthy to be put into the Number of Admirable Feats?
To the Tenth. Although a rich Prince hath great Power, yet is there not Power in every rich Prince to make the Staple of Mony run where he pleaseth: For the Staple of any thing is not where it may be had, but where the thing doth most of all abound. VVhereupon we commonly say, that the Spaniard, in regard of his great Treasure in the West Indies, hath the Fountain or Staple of Mony, which he moveth and causeth to run into Italy, Germany, and the Low Countries, or other Places where his occasions do [Page 56]require it, either for Peace or War. Neither is this effected by any singular Power of the Exchange, but by divers Ways and Means; fitting those Places where the Mony is to be employed. For if the Use thereof be upon the Confines of France to maintain a War there, then may it be safely sent in Specie on Carriages by Land; if in Italy, on Gallies by Sea; if in the Low-Countries, on Shipping by Sea also, but yet with more danger, in regard of his Potent Enemies in that Passage. Wherefore in this Occasion, although the Exchange is not absolutely necessary, yet is it very useful. And because the Spaniards want of Gommodities from Germany and the Low-Countries is greater in value, than the Spanish Wares which are carried into those Parts, therefore the King of Spain cannot be furnished there from his own Subjects with Mony by Exchange, but is and hath been a long time enforc'd to carry a great Part of his Treasure in Gallies for Italy, How the Italians are enabled to furnish Spain with Mony in Flanders.where the Italians, and amongst them the Merchants of Genoua especially, do take the same, and repay the Value thereof in Flanders, whereunto they are enabled by their Trade with many rich Commodities, which they send continually out of Italy into those Countries, and the Places thereabouts, from whence the Italians return no great value in Wares, but deliver their Mony for the Service of Spain, and receive the Value by Exchange in Italy out of the Spanish Treasure, which is brought thither in Gallies, as is afore-written.
So that by this we plainly see, that it is not the Power of Exchange that doth enforce Treasure, where the rich Prince will have it, but it is the Mony proceeding of Wares in Forein Trade that doth enforce the Exchange, and rules the Price thereof high or low, according to the Plenty or Scarcity of the said Mony; which in this Discourse, upon all occasions, I think I have repeated near as often as Malines in his Books, doth make the Exchange to be an essential Part of Trade, to be Active, Predominant, Overruling the price of Wares and Monies, Life, Spirit, and the Worker of Admirable Feats. All which we have now briefly expounded; and let no Man admire why he himself did not take this Pains, for then he should not only have taken away the great Opinion which he laboured to maintain of the Exchange, but also by a true Discovery of the right Operation thereof, he should utterly have overthrown his Par pro Pari; which Project (if it had prevailed) would have been a good Business for the Dutch, and to the great Hurt of this Common-wealth, as hath been sufficiently proved in the 12th. Chapter.
Now therefore let the learned Lawyer fall chearfully to his Books again, for the Merchant cannot put him down, if he have no more skill than Admirable Feats, when they may be so easily known and done in the Course of Trade? Well then, if by this Discovery we have eased the Lawyer's Mind, and taken off the Edg of his admiration, let him now play his Part, and take out a Writ of Error, against the Par pro Pari; for this Project hath misinformed many, and put us to trouble to expound these Riddles.
Nay, but stay a while, can all this pass for currant, to slight a Business thus, which (the Author saith) hath been so seriously observed by that Famous Council, and those worthy Merchants of Queen Elizabeth of Blessed Memory, and also condemned by those French Kings, Lewis IX. Philip the Fair, and Philip de Valois, with Confiscation of the Banker's Goods? I must confess, that all this requires an Answer, which in part is already done by the Author himself. For he saith, that the Wisdom of our State found out the Evil, but they missed of the remedy: and yet what Remedy this should be, no Man can tell, for there was none applied; but all Practice and Use in Exchange stand still to this Day, in such Manner and Form as they did at the time when these Feats were discovered, for the State knew well, that there needed no Remedy, where there was no Disease.
Well then, how shall we be able to answer the Proceedings of the French Kings, who did absolutely condemn the Bankers, and confiscated their Goods? Yes well enough, for the Bankers might perhaps be condemned for something done in their Exchanges against the Law, and yet their profession may still be Lawful, as it is in Italy and France itself to this day. Nay, we will grant likewise, that the Banks were banished, when the Bankers were punished; yet all this proves nothing against Exchangers, for Kings and States enact many Statutes, and suddenly repeal them, they do and undo; Princes may err, or else Malines is grosly mistaken, Maintenance of Free Trade p. 76, 77, 78, 79.where he setteth down 35 several Statutes and other Ordinances, enacted by this State in 350 Years time, to remedy the decay of Trade, and yet all are found defective; only his reformation of the Exchange, or Par pro Pari, is effectual, if we would believe him; but we know better, and so we leave him.
I might here take occasion to say something against another project of the same Brood, that lately attended upon the Success of this Par pro Pari, as I have been credibly informed, which is, the Changing and Rechanging here within the Realm, of all the Plate, Bullion and Monies, Forein or Sterling, to pass only by an Office, called, The King's Royal [Page 57]Exchanger, or his Deputies, paying them a Peny upon the Value of every Noble: which might raise much to their private Good, and destroy more to the publick Hurt. For it would decay the King's Coinage, deprive the Kingdom of much Treasure, abridge the Subjects of their just Liberty, and utterly overthrow the Worthy Trade of Goldsmiths, all which being Plain and Easie to the weakest Understandings, I will therefore omit to amplisie upon these Particulars.
CHAP. XV. Of some Excesses and Evils in the Commonwealth, which notwithstanding, decay not our Trade nor Treasure.
IT is not my Intent to Excuse or Extenuate any the least Excess or Evil in the Common-wealth, but rather highly to Approve and Commend that which by others hath been Spoken and Written against such Abuses. Yet in this Discourse of Treasure, as I have already set down affirmatively, which are the true Causes that may either Augment or Decrease the same: So is it not impertinent to continue my negative Declarations of those Enormities and Actions which cannot work these Effects, as some Men have supposed: For in redress of this important Business, if we mistake the Nature of the Malady, we shall ever apply such Cures as will at least delay, if not confound the Remedy.
Let us then begin with usury, which if it might be turned into Charity, and that they who are Rich would lend to the Poor freely; it were a Work pleasing to Almighty God, and profitable to the Common-wealth. But taking it in the Degree it now stands, how can we well say. That as Ʋsury Increaseth, so Trade Decreaseth? For although it is true, that some Men give over Trading, and buy Lands, or put out their Mony to Use when they are grown Rich or Old, or for some other the like Occasions; yet for all this it doth not follow, that the Quantity of the Trade must lessen; for this Course in the Rich, giveth opportunity presently to the Younger and Poorer Merchants to rise in the World, and to enlarge their Dealings; to the Performance whereof, if they want means of their own, they may, and do, take it up at Interest: So that our Mony lies not dead, it is still Traded. How many Merchants, and Shopkeepers have begun with little or nothing of their own, and yet are grown very Rich, by Trading with other Mens Mony? Do we not know, that when Trading is Quick and Good, many Men, by means of their Experience, and having credit to take up Mony at Interest, do Trade for much more than they are worth of their own Stock; by which Diligence of the Industrious, the Affairs of the Common-wealth are Increased, the Monies of Widows, Orphans, Lawyers, Gentlemen, and others, are employed in the Course of Forein Trade, which themselves have no skill to perform. We find at this present, that notwithstanding the Poverty we are fallen into by the Excesses and Losses of late times, yet that many Men have much Mony in their Chests, and know not how to dispose thereof, because the Merchant will not take the same at Interest, (although at low Rates) in regard there is a stop of Trade in Spain and in France, whereby he cannot employ his own Means, much less other Mens Monies. So that for these, and some other Reasons which might be alleged, we might conclude, contrary to those who affirm, that Trade decreaseth as Usury increaseth, for they rise and fall together.
In the next Place, We hear our Lawyers much condemned; the Vexation and Charges by multiplicity of Suits do exceed all the other Kingdoms of Christendom; but whether this proceed from the Lawyer's Covetousness, or the Peoples Perverseness, is a great Question. And let this be as it may, I will enquire not farther therein than our present Discourse doth require, concerning the Decay of our Trade, and Impoverishing of the Kingdom. Sure I am, that Suits in Law make many a Man Poor and Peniless, but how it should make us Trade for less by one single Peny, I cannot well conceive. For although amongst the great number of them who are Vexed and Undone by Controversies, there be ever some Merchants; yet we know, that one Man's Necessity becomes another Man's Opportunity. I never knew, as yet, a Decay in our Trade and Treasure for want of Merchants, or Means to employ us, but rather by excessive Consumption of Forein Wares at home, or by a Declination in the Vent of our Commodities abroad, caused either by the ruinous Effects of Wars, or some alterations in the times of Peace, whereof I have spoken more fully in the Third Chapter. But, to conclude with the Lawyers, I say, that their Noble Profession is necessary to all, and their Cases, Quillets, Delays and Charges, are mischievous to many; these things indeed are Cankers in the Estates of Particular Men, but not of the Common-wealth, as some suppose, for one Man's Loss becomes another Man's Gain; it is still in the Kingdom, I wish it might as surely remain in the right Places.
Lastly, All kind of Bounty and Pomp is not to be avoided; for if we should become so Frugal, that we would use few or no Forein Wares, how shall we then vent our own Commodities? What will become of our Ships, [Page 58]Mariners, Munitions, our poor Artificers, and many others? Do we hope that other Countries will afford us Mony for All our Wares, without Buying or Battering for Some of theirs? This would prove a vain Expectation; it is more Safe and Sure to run a middle Course, by spending moderately, which will purchase Treasure plentifully. Again, the Pomp of Buildings, Apparel, and the like, in the Nobility, Gentry, and other able Persons, cannot impoverish the Kingdom; if it be done with curious and costly Works upon our Materials, and by our own People, it will maintain the Poor with the Purse of the Rich, which is the best Distribution of the Common-wealth. But if any Man say, that when the People want Work, the then Fishing Trade would be a better Employment, and far more Profitable; I subscribe willingly. For in that great business, there is means enough to employ both Rich and Poor, whereof there hath been much said and written; It resteth only, that something might be as well effected for the Honour and Wealth, both of the King and his Kingdoms.
CHAP. XVI. How the Revenues and Incoms of Princes may justly be raised.
NOw that we have set down the true Course by which a Kingdom may be enriched with Treasure; In the next Place, we will endeavour to shew the Ways and Means by which a King may justly share therein, without the Hurt or Oppression of his Subjects. The Revenues of Princes as they differ much in quantity, according to the Greatness, Riches and Trade of their respective Dominons; so likewise is there great diversity used in procuring the same, according to the Constitution of the Countries, the Government, Laws and Customs of the People, which no Prince can alter, but with much difficulty and Danger. Some Kings have their Crown-Lands, the first Fruits upon Ecclesiastical Livings, Customs, Tolls and Imposts, upon all Trade to and from Forein Countries; Loans, Donations and Subsidies, upon all necessary occasions. Other Princes and States leaving the three last, do add unto the rest, a Custom upon all new Wares transported from one City, to be used in any other City or Place of their own Dominions, Customs upon every alienation or sale of live Cattel, Lands, Houses, and the Portions or Marriage Mony of Women, Licence-mony upon all Victualing-Houses and Innkeepers, Head-mony, Custom upon all the Corn, Wine, Oyl, Salt, and the like, which Grown and are Consumed in their own Dominions, &c. All which seem to be a Rabble of Oppressions, serving to enrich those Princes which exact them, and to make the People Poor and Miserable which endure them; especially in those Countries where these Burdens are laid at heavy rates, as 4, 5, 6, and 7, per Cent. But when all the Circumstance and Distinction of Places are duly considered, they will be found not only necessary, and therefore lawful to be used in some States, but also in divers respects very profitable to the Common-wealth.
First there are some States, as namely Venice, Florence, Genoua, the Ʋnited Provinces of the Low-Countries, and others, which are singular for Beauty, and excellent both for Natural and Artificial Strength, having likewise rich Subjects: yet being of no very great Extent, nor enjoying such Wealth by ordinary Revenues, as might support them against the sudden and powerful invasions of those mighty Princes which do inviron them; they are therefore enforced to strengthen themselves, not only with Confederates and Leagues, (which may often fail them in their greatest need) but also by massing up store of Treasure and Munition by those extraordinary courses before-written, which cannot deceive them, but will ever be ready to make a good Defence, and to offend or divert their Enemies.
Neither are these heavy Contributions so hurtful to the Happiness of the People, as they are commonly esteemed: For as the Food and Rayment of the Poor is made dear by Excise, so doth the Price of their labour rise in proportion; whereby the Burden (if any be) is still upon the Rick, who are either idle, or at least work not in this kind, yet have they the Use, and are the great Consumers of the Poors Labour: Neither do the Rich neglect in their several Places and Callings to advance their Endeavours, according to those times which do exhaust their Means and Revenues; wherein, if they should peradventure fail, and therefore be forced to abate their sinful Excess and idle retainers; what is all this but happiness in a Common wealth, when Virtue, Plenty and Arts, shall thus be advanced all together? Nor can it be truly said, that a Kingdom is impoverished, where Loss of the People is the Gain of the King, from whom also such yearly Incoms have their annual issue to the Benefit of his Subjects; except only that part of the Treasure which is laid up for the Publick Good; wherein likewise they who suffer have their safety, and therefore such contributions are both Just and Profitable.
Yet here we must confess, that as the best things may be corrupted, so these taxes may be abused, and the Common wealth notoriously wronged when they are vainly Wasted and Consumed by a Prince, either upon unworthy [Page 59]worthy Persons, such as deserve neither Rewards nor Countenance from the Majesty of a Prince; but these dangerous Disorders are seldom seen, especially in such States as are afore-named, because the disposing of the Publick Treasure is in the Power, and under the Discretion of many; Neither is it unknown to all other Principalities and Governments, that the end of such Excesses is ever ruinous, for they cause great Want and Poverty, which often drives them from all order to exorbitance, and therefore it is common Policy amongst Princes to prevent such Mischiefs with great Care and Providence, by doing nothing that may cause the Nobility to despair of their safety, nor leaving any thing undone which may gain the good Will of the Commonalty, to keep all in due Obedience.
But now before we end this Point in hand, we must remember likewise that all Bodies are not of one and the same Constitution; for that which is Physick to one Man, is little better than Poyson to another: Some States can not subsist, but by the means of Heavy Taxes.The States aforewritten, and divers others like to them, cannot subsist by the help of those extraordinary Contributions, whereof we have spoken, because they are not able otherwise in short time, to raise sufficient Treasure to defend themselves against a Potent Enemy, who hath Power to invade them on the sudden, as is already declared. But a Mighty Prince, whose Dominions are great and United, his Subjects many and Loyal, his Countries rich both by Nature and Traffick, his Victuals and Warlike Provisions plentiful and ready, his Situation easie to offend others, and difficult to be Invaded, his Harbors good, his Navy strong, his Alliance powerful, and his ordinary Revenues sufficient, Princes, who have no just cause to say extraordinary and heavy Taxes upon their Subjects.Royally to support the Majesty of his State; besides a reasonable Sum which may be advanc'd to lay up yearly in Treasure for future Occasions: shall not all these Blessings (being well ordered) enable a Prince against the sudden Invasion of any Mighty Enemy, without imposing those Extraordinary and Heavy Taxes? Shall not the Wealthy and Loyal Subjects of such a Great and Just Prince, maintain his Honour and their own Liberties with Life and Goods, always supplying the Treasure of their Sovereign, until by a well-ordered War he may enforce a happy Peace? Yes verily, it cannot otherwise be expected. And thus shall a mighty Prince be more powerful in preserving the Wealth and Love of his Subjects, than by Treasuring up their Riches with unnecessary Taxes, which cannot but alter and provoke them.
Yea, but say some Men, we may easily contradict all this by Example taken from some of the greatest Monarchs in Christendom, who, besides those Incomes which here are termed ordinary, they add likewise all, or the most of the other heavy Contributions. All which we grant, and more; for they use also to sell their Offices and Places of Justice, which is an act both base and wicked, because it robbeth worthy Men of their Merits, and betrayeth the Cause of the Innocent, whereby God is displeased, the People oppressed, and Virtue banished from such unhappy Kingdoms: Shall we then say, that these things are lawful and necessary because they are used? God forbid, we know better, and we are well assured that these Exactions are not taken for a necessary Defence of their own Right, but through Pride and Covetousness to add Kingdom to Kingdom, and so to usurp the right of others: The finister ends which some great Princes have in laying heavy Taxes upon their Subjects.Which Actions of Impiety are ever shadowed with some fair pretence of Sanctity, as being done for the Catholick Cause, the Propagation of the Church, the Suppression of Hereticks, and such like Delusions, serving only to further their own Ambition, whereof, in this Place, it shall be needless to make any larger Discourse.
CHAP. XVII. Whether it be necessary for Great Princes to lay up Store of Treasure.
BEfore we set down the Quantity of Treasure, which Princes may conveniently lay up yearly, without hurting the Common-Wealth, it will be fit to examin whether the Act itself of Treasuring be necessary: For in common conference we ever find some Men, who do so much dote or hope upon the Liberality of Princes, that they term it Baseness, and conceive it needless for them to lay up store of Treasure, accounting the Honour and Safety of great Princes to consist more in their Bounty than in their Mony, which they labour to confirm by the Examples of Caesar, Alexander, and others, who hating Covetousness, atchieved many Acts and Victories by lavish Gifts and liberal Expences. Unto which they add also the little Fruit, which came by that great Sum of Mony which King David laid up and left to his Son Solomon; who, notwithstanding this, and all his other rich Presents, and wealthy Traffick in a quiet Reign, consumed all with Pomp and vain Delights, excepting only that which was spent in Building of the Temple. Whereupon (say they,) if so much Treasure, gathered by so just a King, effect so little, what shall we hope for by the Endeavours of this kind in other Princes? Sardanapalus left Ten Millions of Pounds to them that flew him. Darius left Twenty Millions of Pounds to Alexander that took him; Nero being left rich, and extorting much from his best Subjects, gave away [Page 60]above Twelve Millions of Pounds to his base Flatterers, and such unworthy Persons, which caused Galba after him to revoke those Gifts. A Prince who hath store of Mony, hates Peace, despiseth the Friendship of his Neighbours and Allies, enters not only into unnecessary, but also into dangerous Wars, to ruin and overthrow (sometimes) of his own Estate: All which, with divers other weak Arguments of this kind, (which for brevity I omit) make nothing against the Lawful Gathering and Massing up of Treasure by wise and provident Princes, if they be rightly understood.
For first, concerning those worthies who have obtained to the highest top of Honour and Dignity, by their great Gifts and Expences, who knows not that this hath been done rather upon the Spoils of their Enemies than out of their own Coffers, which is indeed a Bounty that causeth neither Loss nor Peril? Whereas on the contrary, those Princes which do not providently lay up Treasure, or do immoderately consume the same when they have it, will suddenly come to Want and Misery; Excess and Bounty brings Beggary, which makes most Men devise in their heads how to extort and get Mony into their hands.for there is nothing doth so soon decayas Excessive Bounty, in using whereof they want the means to use it. And this was King Solomon's Case notwithstanding his infinite Treasure, which made him over-burthen his Subjects in such a manner, that (for this Cause) many of them rebelled against his Son Rehoboam, who thereby lost a great Part of his Dominions, being so grosly misled by his young Counsellors. Therefore a Prince that will not oppress his People, and yet be able to maintain his Estate, and defend his Right, that will not run himself into Poverty, Contempt, Hate, and Danger, must lay up Treasure, and be thrifty; for further proof whereof I might yet produce some other Examples, which here I do omit as needless.
Only I will add this as a necessary Rule to be observed, that when more Treasure must be raised than can be received by the ordinary Taxes, it ought ever to be done with equality to avoid the Hate of the People, who are never pleased except their Contributions be granted by general consent: For which purpose, the Inventions of Parliaments is an excellent Policy of Government, to keep a sweet Concord between a King and his Subjects, by restraining the Insolency of the Nobility, and redressing the Injuries of the Commons, without engaging a Prince to adhere to either Party, but indifferently to favour both. There could nothing be devised with more judgment for the common Quiet of a Kingdom, or with greater care for the Safety of a King, who hereby hath also good means to dispatch those things by others, which will move Envy, and to execute that himself which will merit Thanks.
CHAP. XVIII. How much Treasure a Prince may conveniently lay up Yearly.
THus far we have shewed the Ordinary and Extraordinary incomes of Princes, the Conveniency thereof, and to whom only it doth necessarily and justly belong, to take the Extraordinary Contributions of their Subjects. It resteth now to examin what proportion of Treasure each particular Prince may conveniently lay up yearly. This business doth seem at the first to be very Plain and Easie; for if a Prince have Two Millions yearly Revenue, and spend but one; why should he not lay up the other? Indeed I must confess, that this Course is ordinary in the Means and Gettings of Private Men, but in the Affairs of Princes it is far different; there are other circumstances to be considered, for although the Revenue of a King should be very great, Forein Trade must give proportion to a Princes Treasure which is laid up yearly.yet if the Gain of the Kingdom be but small, this Latter must ever give Rule and Proportion to that Treasure, which may conveniently be laid up yearly; for if he should mass up more Mony than is gained by the Over-ballance of his Forein Trade, he shall not Fleece but Flea his Subjects, and so with their ruin overthrow himself for want of future Sheerings. To make this Plain, Suppose a Kingdom to be rich by Nature and Art, that it may supply itself of Forein Wares by Trade, and yet advance yearly 200000 l. in ready Mony: Next, Suppose all the King's Revenues to be 900000 l. and his Expences but 400000 l. whereby he may lay up 300000 l. more in his Coffers yearly, than the whole Kingdom gains from Strangers by Forein Trade; who sees not then at all the Mony in such a State, would suddenly be drawn into the Prince's Treasure, whereby the Life of Lands and Arts must Fail and Fall to the ruin both of the Publick and Private Wealth? A Prince whose Subjects have but little Forein Trade cannot lay up much Mony.So that a King who desires to lay up much Mony, must endeavour by all good means to maintain and increase his Forein Trade, because it is the sole way, not only to lead him to his own ends, but also to enrich his Subjects to his farther Benefit: For a Prince is esteemed no less powerful, by having many rich well affected Subjects, than by possessing much Treasure in his Coffers.
But here we must meet with an Objection, which peradventure may be made concerning such States (whereof I have formerly spoken) which are of no great Extent, and yet bordering upon mighty Princes, are therefore constrained to lay extraordinary Taxes upon their Subjects, whereby they procure to themselves very great incomes yearly, and are richly provided against any Forein Invasions; yet [Page 61]have they no such great Trade with Strangers, as that the Over ballance or Gain of the same, may suffice to lay up the one half of that which they advance yearly, besides their own Expences.
To this the Answer is, that still the Gain of their Forein Trade must be the Rule of laying up their Treasure, the which although it should not be much yearly; yet in the time of a long continued Peace, and being well managed to advantage, it will become a great Sum of Mony, able to make a long Detence, which may End or Divert the War. Neither are all the Advances of Princes strictly tied to be massed up in Treasure, for they have other no less necessary and profitable Ways to make them Rich and Powerful, by issuing out continually a great Part of the Mony of their yearly Incomes to their Subjects from whom it was first taken; as namely, by employing them to make Ships of War, with all the Provisions thereunto belonging, to build and repair Forts, to buy and store up Corn in the Granaries of each Province for a Years use (at least) aforehand, to serve in occasion of Dearth, which cannot be neglected by a State but with great Danger, to erect Banks with their Mony, for the Increase of their Subjects Trade, to maintain in their Pay, Colonels, Captains, Soldiers, Commanders, Mariners, and others, both by Sea and Land, with good Discipline, to fill their Storehouses, (in sundry strong Places) Munition for War ought to be kept in divers Places of the State to prevent the Loss of all by Treachery in one Place.and to abound in Gun-powder, Brimstone, Saltpetre, Shot, Ordnance, Musquets, Swords, Pikes, Armours, Horses, and in many other such like Provisions fitting for War; all which will make them to be feared abroad and loved at home, especially if care be taken that all (as near as possible) be made out of the Matter and Manufacture of their own Subject, which bear the Burden of the yearly Contributions; for a Prince (in this Case) is like the Stomach in the Body, which if it cease to digest and distribute to the other Members, it doth no sooner corrupt them, but it destroys itself.
Thus we have seen, that a small State may lay up a great Wealth in Necessary Provisions, which are Princes Jewels, no less precious than their Treasure; for in time of need they are ready, and cannot otherwise be had (in some places) on the sudden, whereby a State may be lost, whilst Munition is in Providing: So that we may account that Prince as poor who can have no Wares to buy at his need, as he that hath no Mony to buy Wares for although Treasure is said to be the Sinews of the War, yet this is so because it doth provide, Unite and Move the Power of Men, Victuals, and Munition, where and when the Cause doth require; but if these things be wanting in due time, what shall we then do with our Mony? The Consideration of this, doth cause divers well-governed States to be exceeding provident, and well furnished of such Provisions, especially those Granaries and Store-Houses with that famous Arsenal of the Venetians, are to be admired for the Magnificence of the Buildings, the Quantity of the Munitions and Stores both for Lea and Land, the Multitude of the Workmen, the Divernty and Excellency of the Arts, with the Order of the Government. They are rare and worthy Things for Princes to behold and imitate; for Majesty, without providence of competent Force, and Ability of necessary Provisions is un-assured.
CHAP. XIX. Of some different Effects, which proceed from Natural and Artificial Wealth.
IN the latter end of the Third Chapter of this Book, I have already written something concerning Natural and Artificial Wealth, and therein shewed how much Art doth add to Nature; but it is yet needful to handle these Particulars apart that so we may the better discern their several Operations in a Common-wealth. For the effecting whereof. I might draw some comparisons from Turky and Italy, or from some other remote Countries, but I will not range so far, having Matter sufficient herein Great Britain, and the Ʋnited Provinces of the Low-Countries, to make this Business plain: Wherefore, in the first Place, we will begin with England briefly, and only in general terms, to shew the Natural Riches of this Famous Nation, with some principal Effects which they produce in the Disposition of the People, and Strength of the Kingdom.
If we duly consider Englands Largeness, Beauty, Fertility, Strength, both by Sea and Land, in multitude of Warlike People, Horses, Ships, Ammunition, advantageous situation for Defence and Trade, number of Sea-Ports and Harbours, which are of difficult access to Enemies, and of easie out-let to the Inhabitants Wealth by excellent Fleecewools, Iron, Lead, Tin, Saffron, Corn, Victuals, Hides, Wax, and other natural Endowments; we shall find this Kingdom capable to sit as Master of a Monarchy. For what greater Glory and Advantage can any powerful Nation have, than to be thus Richly and Naturally possessed of all things needful for Food, Rayment, War, and Peace, not only for its own plentiful use, but also to supply the Wants of other Nations, in such a measure, that much Mony may be thereby gotten yearly, to make the happiness compleat. For Experience telleth us, that notwithstanding that excessive Consumption of [Page 62]this Kingdom alone, to say nothing of Scotland, there is exported Communibus annis of of our own Native Commodities for the Value of Twenty two hundred thousand Pounds Sterling, or somewhat more; so that if we were not too much affected to Pride, monstrous fashions, and Riot, above all other Nations, one Million and an half of Pounds might plentifully supply our unnecessary wants (as I may term them) of Silks, Sugars, Spices, Fruits, and all others; so that Seven hundred Pounds might be yearly treasur'd up in Mony to make the Kingdom exceeding Rich and Powerful in short time. But this great Plenty which we enjoy, makes us a People not only Vicious and Excessive, wastful of the Means we have, but also improvident and Careless of much other Wealth that shamefully we lose, which is, the Fishing in his Majesty's Seas of England, Scotland, and Ireland, being of no less consequence than all our other Riches which we Export and Vent to Strangers, The fruits of Idleness which are Englands common reproaches among Strangers.whilst in the mean time (through lewd Idleness) great multitudes of our People Cheat, Roar, Rob, Hang, Beg, Cant, Pine, and Perish, which by this Means and Maintenance might be much increased, to the further VVealth and Srength of these Kingdoms, especially by Sea, for our own Safety, and Terror of our enemies. The Endeavours of the Industrious Dutch, do give sufficient testimony of this Truth, to our great shame, and no less peril, if it have not a timely Prevention: For, whilst we leave our wonted honourable Exercises and Studies, following our Pleasures, and of late years besotting our selves with Pipe and Pot, in a Beastly manner, sucking Smoak, and drinking Healths, until Death stares many in the Face; the said Dutch have well-near left this Swinish Vice, and taken up our wonted Valour, which we have often so well performed both by Sea and Land, and particularly in their Defence, although they are not so thankful as to acknowledg the same. The Netherlanders Ingratitude.The sum of all is this, that the general Leprosie of our Piping, Potting, Feasting, Fashions, and Mis-spending our time in Idleness and Pleasure (contrary to the Law of God, and the Use of other Nations) hath made us effeminate in our Bodies, weak in our Knowledg, poor in our Treasure, declining in our Valour, unfortunate in our Enterprizes, and contemned by our Enemies. I write the more of these Excesses, because they do so greatly waste our Wealth, which is the main Subject of this whole Book's Discourse for all Christendom to admire and fear, if we would but add Art to Nature, our Labour to our Natural Means; the neglect whereof hath given a notable Advantage to other Nations, and especially to the Hollanders, whereof I will briefly say something in the next-Place.
But first, I will deliver my Opinion concerning our Cloathing, which although it is the greatest Wealth and best Employment of the Poor of this Kingdom; yet nevertheless we may peradventure employ our selves with better Safety, Plenty, and Profit, in using more Tillage and Fishing, than to trust so wholly to the making of Cloth? for in times of War, or by other occasions, if some Forein Princes should prohibit the Use thereof in their Dominions, it might suddenly cause much Poverty and dangerous Uproars; especially by our Poor People, when they should be deprived of their ordinary Maintenance, which cannot so easily fail them, when their Labours should be divided into the said diversity of Employments, whereby also many thousands would be the better enabled to do the Kingdom good Service in occasion of War, especially by Sea: And so leaving England, we will pass over into the Ʋnited Provinces of the Netherlands.
As Plenty and Power do make a Nation Vicious and Improvident, so Penury and Want do make a People Wise and industrious: Concerning the last of these, I might instance divers Common-wealths of Christendom, who having little or nothing in their own Territories, The Hollanders Improvement and Industry.do notwithstanding purchase great Wealth and Strength, by their industrious Commerce with Strangers, amongst which the United Provinces of the Low-Countries are now of greatest Note and Fame: For since they have cast off the Yoke of Spanish slavery, how wonderfully are they improved in all human Policy? What great means have they obtained in defending their Liberty against the Power of so great an Enemy? And is not all this performed by their continual Industry in the Trade of Merchandize? Are not their Provinces the Magizines and Store houses of Wares for most places of Christendom, whereby their Wealth, Shipping, Mariners, Arts, People, and thereby the Publick Revenues and Excise are grown to a wonderful Height? If we compare the Times of their Subjection, to their present Estate, they seem not the same People; Those Princes which willingly support the Dutch would as resolutely resist the Spaniardfor who knows not that the Condition of those Provinces was mean and Turbulent under the Spaniards Government, which brought rather a greater Charge then a further Strength to to their Ambition; neither would it prove over difficult for the Neighbour Princes in short time, to reduce those Countries to their former Estate again, if their own safety did require the same, as certainly it would if the Spaniard were sole Lord of those Netherlands, but our Discourse tends not to shew the Means of those Mutations, otherwise than to find out the chief Foundation of the Hollander's Wealth and Greatness: For it seems a wonder to the World, that such a [Page 63]small Country, not fully so big as two of our biggest Shires, having little natural Wealth, Victuals, Timber, or other necessary Ammunitions, either for War or Peace, should notwithstanding possess them all in such extraordinary Plenty, that besides their own wants, (which are very great) they can and do likewise serve and sell to other Princes, Ships, Ordnance, Cordage, Corn, Powder, Shot, and what not, which by their industrious Trading they gather from all the Quarters of the World: Much Policy, but little Honesty.In which courses they are not less injurious to supplant others, (especially the English) than they are careful to strengthen themselves And to effect this, and more than hath been said, (which is their War with Spain) they have little Foundation, besides the Fishing, which is permitted them in His Majesty's Seas, being indeed the Means of an incredible Wealth and Strength both by Sea and Land, as Robert Hichcock, Tobias Gentleman, and others have published at large in print, to them that list to read. And the States-General themselves in their Proclamation, have ingeniously set out the Worth thereof in these words following, Part of the States Proclamation, dated in the Hague, 19. July, 1624. The great Fishing, and catching of Herrings, is the chiefest Trade and principal Gold Mine of the United Provinces, whereby many Thousands of Households, Families, Handicrafts, Trades and Occupations, are set on work, well maintained and prosper, especially the Sailing and Navigation, as well within as without these Countries is kept in great estimation; Moreover many returns of Money, with the Increase of the Means, Convoys, Customs, and Revenues of these Countries, are augmented thereby and prosper, with other words following, as is at large expressed in the said Proclamation, set forth by the States-General for the Preservation of the said Trade of Fishing; without which it is apparent that they cannot long subsist in Sovereignty; for if this Foundation perish, the whole Building of their Wealth and Strength both by Sea and Land must fall; for the multitude of their Shipping would suddenly decay, their Revenues and Customs would become small, their Countries would be Depopulated for want of Maintenance, whereby the Excise must fail, and all their other Trades to the East-Indies, or elsewhere must faint. So that the Glory and Power of these Netherlands, consisteth in this, Fishing of Herrings, Ling, and Cod, in his Majesty's Seas. It resteth therefore to know, what Right or Title they have thereunto, and how they are able to Possess and Keep the same, against all other Nations.
The Answer to these two Questions is not difficult: For first, It is not the Netherlandish Author of Mare Liberum, that can intitle them to Fish in His Majesty's Seas. For besides the Justice of the Cause, and Examples of other Countries, which might be alledged, I will only say, that such Titles would be sooner decided by Swords, than with Words; I do believe indeed, that it is free for the Fish to come thither at their Pleasure, but for the Dutch to carry and carry them away from thence without His Majesty's Licence, I harbour no such Thought. There may be good Policy to connive still, and so long to permit them this Fishing as they are in perfect league with England, and in War with Spain. But if the Spaniards were Masters of the United Provinces, as heretofore, it would nearly concern these Kingdoms to claim their own Right, and carefully to make as good use thereof, for Increase of their Wealth and Strength, to oppose that Potent Enemy, as now the Netherlanders do, and are well enabled for the same Purpose: By which particular alone they are ever bound to acknowledge their strong Alliance with England, above all other Nations; for there is none that hath the like good Means to lend them such a Powerful maintenance. Fishing and Money compared.Nor were it possible for the Spaniard (if he had those Countries again) to make a new Foundation with the Power of his Money, to increase his Strength, either by Sea or Land, to offend these Kingdoms, more than he is now able to perform, with the Conveniency of those Provinces which he hath already in his Possession; for it is not the Place, but the Employment; not the Barren Netherlands, but the Rich Fishing, which gives Foundation, Trade, and Subsistence to those multitudes of Ships, Arts, and People, whereby also the Excises and other publick Revenues are continued, and without which Employment all the said great Dependences must necessarily disbandon and fail in very short time. For although, I confess, that store of Mony may bring them Materials (which they altogether want) and Arts-men to build them Shipping, yet where are the Wares, to Freight and Maintain them? If Mony then shall be the only means to send them out in Trade, what a poor number of Ships will this employ? Or if the uncertain Occasions of War must support them, will not this require another Indies, and all too little to maintain the Tenth Part of so many Ships and Men as the Hollanders do now set on work by the Fishing, and other Trades thereon depending? But if it be yet said, that the Spaniard, being Lord of all those Netherlands, his Expence of the present War there will cease, and so this Power may be turned upon us. The [Page 64]Answer is, that when Princes send great Forces abroad to invade others, they must likewise increase their Charge and Strength at Home, to defend themselves; and also we must consider, that if the Spaniard will attempt any thing upon these Kingdoms, he must consume a great Part of his Treasure in Shipping, whereby the Means of his invading Power of Money and Men to land, will be much less than now it is in the Low-Countries: Nor should we regard them, but be ever ready to beard them, when our Wealth and Strength by Sea and Land, might be so much increased by the Possession and Practice of our Fishing, of which particular I will yet say something more where occasion shall be offered, in that which followeth. And here in this Place I will only add, that if the Spaniard were sole Lord of all the Netherlands, he must then necessarily drive a great Trade by Sea, to supply the common Wants of those Countries, whereby in occasion of War, we should have means daily to take much Wealth from him; whereas now the Spaniard using little or no Trade in these Seas, but employing his Ships of War to the uttermost of his power, he only takes, and we lose great matters continually.
Now concerning the second Question, Whether the Hollanders be able to Possess and Keep this Fishing against all other Nations. It is very probable, that although they claim now no other right than their own freedom in this Fishing, seeming to leave the like to all others; yet if the Practice of any Nation should seek either to Fish with them, or to supplant them, they would be both ready and able to maintain this Golden Mine, against the strongest Opposition, except England, whose Harbours and In-lands, with other daily reliefs, are very needful, if not absolutely necessary for this Employment, and whose Power also by Sea, is able (in short time) to give this Business disturbance, and utter Ruin, if the Occasion should be so urgent as afore supposed; Neither is it enough for any Man to contradict all this by saying, the Hollanders are very strong by Sea, when both Sea and Land encounter them with a greater Power: We must observe from whence their strength grows, and if the Root be once spoiled, the Branches soon will wither; and therefore it were an Error to esteem, or value them according to the present Power and Wealth, which they have obtained by Trade or Purchase; for although this were far greater than indeed it is, yet would it soon be consumed in a chargeable War against a Potent Enemy, when the Current of those Accidents may be stop [...] and turned by preventing the substance itself (which is the Fishing in His Majesty's Seas) that gives foundation, and is the very Fountain of their strength and happiness: The United Provinces (we know) are like a fair Bird suited with goodly borrowed plumes; but if every Fowl should take his Feather, this Bird would rest near naked: Nor have we ever seen these Netherlands as yet, in their greatest Occasions, to set forth near so many Ships of War at once as the English have often done, without any hindrance of their ordinary Traffick. It is true indeed, they have an infinite number of weak Ships to fish with, and fetch Corn, Salt, &c. for their own Victualling and Trading, the like to setch Timber, Plank, Boards, Pitch, Hemp, Tar, Flax, Masts, Cordage, and other Ammunitions, to make those multitudes of Ships, The Netherlands Ploughs.which unto them are as our Ploughs to us, the which except they stir, the People starve; their Shipping therefore cannot be spared from their Traffick (as ours may if occasion require) no not for a very short time, without utter ruin, because it is the daily maintenance of their great multitudes which gain their living but from hand to Mouth, upon which also depends the great Excises, and other publick Revenues, which support the State itself: Neither indeed are those Vessels strong or fit for War; and in their proper use of Fishing and Trade, they would become the Riches, or the Purchase of a Potent Enemy by Sea, as they partly find by one poor Town of Dunkirk, notwithstanding their great charge of Men of War, strong Convoys, and other commendable diligence, which continually they use to prevent this Mischief: But if the Occasion of a more powerful Enemy by Sea, should force them to double or treble those Charges, we may well doubt the Means of their continuance, especially, when (by us) their Fishing might nevertheless be prevented, which should procure the Maintenance. Men who speak by Affection or Tradition, not from reason. The Hollanders main supportance is England's good Alliance.These and other circumstances make me often wonder, when I hear the Dutch vain-gloriously to brag, and many English simply to believe, that the United Provinces are our Forts, Bulwarks, Walls, Out-works, and I know not what, without which we cannot long subsist against the Spanish Forces; when in truth, We are the main Fountain of their happiness, both for War and Peace; for Trade and Treasure, for Munition and Men; spending our blood in their Defence; whilst their People are preserved to conquer in the Indies, and to reap the Fruits of a rich Traffick out of our own Bosoms; which being assumed to our selves, (as we have Right and Power to do) would mightily increase the Breed of our People, by this good means of their Maintenance, and [Page 65]well enable us against the strongest Enemy, and force likewise great multitudes of those Netherlanders themselves to seek their living here with us for want of better maintenance: Whereby our many decayed Sea-Towns and Castles would soon be re-edified, and Populated in more ample manner than formerly they were in their best Estate. And thus these forces being united, would be ever more ready, sure and Vigorous, than a greater Strength that lies divided, which is always subject to Delays, Diversion, and other Jealousies, of all which we ought not to be ignorant, but perfectly to know, and use our own strength when we have occasion, and especially, we must ever be watchful to preserve this Strength, lest the Subtilty of the Dutch (under some fair shews, and with their Mony) prevail, as peradventure they lately practised in Scotland, to have had a Patent for the Possessing, Inhabiting, and Fortifying of that excellent Island of Lewis in the Orcades; whose Situation, Harbours, Fishing, Fertility, Largeness, and other advantages, would have made them able (in short time) to offend these Kingdoms by sudden Invasions, and to have defended the aforesaid Fishing against His Majesty's greatest Power, add also to send out and return home their Shipping prosperously that way, to and from the East and West-Indies, Spain, and Streights, and other Places, without passing through His Majesty's narrow Seas, where in all occasions, this Kingdom now hath so great advantage to take their Ships, and prevent their best Trades, which would soon bring them to ruin, whereby (as they well know) we have a greater Tie and Power over them than any other Nation. And howsoever the said Island of Lewis might have been obtained in the Name of Private Men, and under the fair pretence of bringing Commerce into those remote Parts of Scotland; yet in the end, when the Work had been brought to any goad Perfection, the Possession and Power would no doubt have come to the Lords, the States-General, even as we know they have lately gotten divers places of great Strength and Wealth in the East-Indies, in the Names and with the Purse of their Merchants, whereby also their actions herein have been obscur'd, and made less notorious unto the World, until they had obtained their Ends, which are of such consequence, that it doth much concern this Nation in particular, carefully to observe their proceedings, for they notoriously follow the Steps of that Valiant and Politick Captain, Philip of Macedon, Where Force fails yet Mony prevails; thus hopes the Hollanders.whose Maxim was, That where Force could not prevail, he always used Bribes and Mony, to corrupt those who might advance his Fortune; by which Policy he gave Foundation to a Monarchy; and what know we but that the Putch may aim at some such Sovereignty, when they shall find their Indian attempts and other subtil Plots, succeed so prosperously? Do we not see their Lands are now become too little to contain this sweling People, whereby their Ships and Seas are made the Habitations of great multitudes? And yet, to give them further breed, are they not spared from their own Wars, to enrich the State and themselves by Trade and Arts? Whilst by this Policy many thousands of Strangers are also drawn thither for performance of their Martial Employments, whereby the great Revenue of their Excises is so much the more increased, and all things so subtilly contrived, that although the Forein Soldier be well paid, yet all must be there again expended; and thus the Wealth remains still in their own Countries; nor are the Strangers enriched which do them this great Service.
I have heard some Italians Wisely and Worthily Discourse of the Natural Strength and Wealth of England, which they make to be matchless, if we should (but in part) apply our selves to such Policies and Endeavours as are very commonly used in some other Countries of Europe; and much they have admired, that our Thoughts and Jealousies attend only upon the Spanish and French greatness, never once suspecting, but constantly embracing the Netherlands as our best Friends and Allies; when in truth, (as they well observe) there are no People in Christendom who do Undermine, Hurt, and Eclipse us daily in our Navigation and Trades, both abroad and at home; and this not only in the rich Fishing in His Majesty's Seas (whereof we have already written) but also in our In-Land Trades between City and City, in the Manufactures of Silks, Wools, and the like, made here in this Kingdom, wherein they never give Employment or Education in their Arts to the English, but ever (according to the Custom of the Jews, where they abide in Turky, and divers places of Christendom) they live wholly to themselves in their own Tribes. So that we may truly say of the Dutch, that although they are amongst us, yet certainly they are not of us, no not they who are Born and Bred here in our own Country, for still they will be Dutch, not having so much as one Drop of English Blood in their Hearts.
More might be written of these Netherlanders Pride and Ambitious Endeavours, whereby they hope in time to grow Mighty, if they be not prevented; and much more may be said of their cruel and unjust Violence used (especially to their best Friends, the English) in matters of Blood, Trade, and other Profits, where they have had Advantage and Power to perform it; but these things are already published in Print, to the View and Admiration of the World, wherefore I will conclude, and the Sum of all is this, That [Page 66]the Ʋnited Provinces, which now are so great a Trouble, if not a Terror to the Spaniard, were heretofore little better than a Charge to them in their Possession, and would be so again in the like Occasion, the Reason whereof I might yet further enlarge; but they are not pertinent to this Discourse, more than is already declared, to shew the different Effects between Natural and Artificial Wealth: The first of which, as is most Noble and Advantageous, being always ready and certain, so doth it make the People Careless, Proud, and given to all excesses; whereas the Second enforceth Vigilancy, Literature, Arts and Policy. My wishes therefore are, that as England doth plentifully enjoy the one, and is fully capable of the other, that our Endeavours might as worthily conjoyn them both together, to the Reformation of our vicious Idleness, and greater Glory of these Famous Kingdoms.
CHAP. XX. The Order and Means whereby we may draw up the Ballance of our Forein Trade.
NOw, that we have sufficiently proved the Ballance of our Forein Trade, to be the true Rule of our Treasure; It resteth that we shew by whom, and in what manner the said Ballance may be drawn up at all times, when it shall please the State to discover how we prosper or decline in this Great and Weighty Business, wherein the Officers of his Majesty's Customs, are the only Agents to be employed, because they have the Accounts of all the Wares which are issued out or brought into the Kingdom; and although (it is true) they cannot exactly set down the Cost and Charges of other Mens Goods bought here or beyond the Seas; yet nevertheless, if they ground themselves upon the Book of Rates, they shall be able to make such an estimate as may well satisfie this Enquiry: For it is not expected, that such an account can possibly be drawn up to a just Ballance, it will suffice only, that the Difference be not over great.
How we must value our Exportations and Importations. First therefore, concerning our Exportations, when we have valued their first cost, we must add Twenty five per Cent. thereunto, for the Charges here, for Freight of Ships, Insurance of the Adventure, and the Merchant's gains; and for our Fishing Trades, which pay no Custom to His Majesty, the Value of such Exportations may be easily esteem'd by good Observations which have been made, and may continually be made, according to the Increase or Decrease of those Affairs, the present Estate of this Commodity being valued at One Hundred and Forty Thousand Pounds issued yearly. Also we must add to our Exportations, all the Monies which are carried out in Trade by License from His Majesty.
2 dly. For our Importations of Forein Wares, the Custom-Books serve only to direct us concerning the Quantity, for we must not value them as they are rated here, but as they cost us with all Charges laden into our Ships beyond the Seas, in the respective Places where they are bought: For the Merchan [...]'s Gain, the Charges of Insurance, Freight of Ships, Customs, Imposts, and other Duties here, which do greatly indear them unto our Use and Consumption, are, notwithstanding, but Commutations amongst our selves; for the Stranger hath no part thereof: Wherefore our said Importations ought to be valued at Twenty Five per Cent. less than they are rated to be worth here. And although this may seem to be too great allowance upon many rich Commodities, which come but from the Low-Countries, and other Places near hand, yet will it be found reasonable, when we consider it in gross Commodities, and upon Wares laden in remote Countries, as our Pepper, which cost us, with charges, but Four pence the Pound: So that when all is brought into a Medium, the Valuation ought to be made as afore-written. And therefore, the Order which hath been used to multiply the full Rates upon Wares, inwards by Twenty, would produce a very great Error in the Ballance; The Trade to the East-Indies, is not only great in it self, but it doth also make our other Trades much greater than they were.for in this manner the Ten Thousand Bags of Pepper, which this Year we have brought hither from the East-Indies, should be valued at very near Two Hundred and Fifty Thousand Pounds, whereas all this Pepper in the Kindom's Accompt, cost not above Fifty Thousand Pounds, because the Indians have had no more of us, although we paid them extraordinary dear prices for the same. All the other Charges (as I have said before) is but a Change of effects amongst our selves, and from the Subject to the King, which cannot impoverish the Commonwealth. But it is true, That whereas Nine Thousand Bags of the said Pepper are already Shipp'd out for divers Forein Parts, These and all other Wares, Forein or Domestick, which are thus transported Outwards, ought to be cast up by the Rates of His Majesty's Custom-mony, Multiplyed by Twenty, or rather by Twenty Five, (as I conceive) which will come nearer the Reckoning, when we consider all our Trades, to bring them into a Medium.
3 ly. We must remember, that all Wares Exported or Imported by Strangers, (in their Shipping) be esteem'd by themselves; for what they carry out, the Kingdom hath only the first Cost and Custom: And what they bring in, we must rate it as it is worth here, the Custom, Impost, and petty Charges only deducted.
Lastly, There must be good notice taken of all the great Losses which we receive at [Page 67]Sea in our Shipping, either Outward or Homeward bound: For the Value of the one, is to be deducted from our Exportations, and the Value of the other is to be added to our Importations; for to Lose and to consume doth produce one and the same Reckoning. Likewise, If it happen that His Majesty doth make over any great Sums of Mony by Exchange, to maintain a Forein War, where we do not Feed and Cloath the Soldiers, and provide the Armies, we must deduct all this Charge out of our Exportations, or add it to our Importations; for this Expence doth either carry out, or hinder the coming in of so much Treasure. And here we must remember the great Collections of Mony, which are supposed to be made throughout the Realm yearly, from our Recusants by Priests and Jesuits, who secretly convey the s [...]me unto their Colleges, Cloysters, and Nunneries beyond the Seas, from whence it never returns to us again in any kind; Two Contraries which are both pernicious.therefore if this Mischief cannot be prevented, yet it must be esteem'd and set down as a clear Loss to the Kingdom, except (to Ballance this) we will imagine, that as great a Value may perhaps come in from Forein Princes to their Pensioners here, for Favours or Intelligence, which some States account good Policy, to purchase with great Liberality; the Receipt whereof, notwithstanding, is plain Treachery.
There are [...]et some other petty things which seem to have reference to this Ballance, of which the said Officers of His Majesty's Customs can take no notice, to bring them into the Accompt. As namely, the Expences of Travellers, the Gifts to Ambassadors and Strangers, the Fraud of some Rich Goods not entred into the Custom-House, the Gain which is made here by Strangers by Change and Re-change, Interest of Mony, Insurance upon Englishmens Goods and their Lives: Which can be little when the Charges of their living here is deducted; besides, that the very like Advantages are as amply ministred unto the English in Forein Countries, which doth counterpoize all these things, and therefore they are not considerable in the drawing up of the said Ballance.
CHAP. XXI. The Conclusion upon all that hath been said, concerning the Exportation or Importation of Treasure.
THE Sum of all that hath been spoken, concerning the Enriching of the Kingdom, and the Increase of our Treasure by Commerce with Strangers, is briefly thus. That it is a certain Rule in our Forein Trade in those Places where our Commodities exported, are over-ballanced in value by Forein Wares brought into this Realm, there our Mony is under-valued in Exchange; and where the contrary of this is performed, there our Mony is over-valued in Exchange; and where the contrary of this is performed, there our Mony is over-valued. But let the Merchant's Exchange be at a high Rate, or at a low Rate, or at the Par pro Pari, or put down altogether; Let Forein Princes enhance their Coins, or debase their Standards, and let His Majesty do the like, or keep them constant, as they now stand; Let Forein Coins pass current here in all Payments, at higher Rates than they are worth at the Mint; Let the Statute for Employments by Strangers stand in force, or be repealed; Let the meer Exchanger do his worth; Let Princes Oppress, Lawyers Extort, Userers Bite, Prodigals Wast; and lastly, Let Merchants carry out what Mony they shall have occasion to use in Traffick. Yet all these Actions can work no other Effects in the course of Trade, than is declared in this Discourse. For so much Treasure only will be brought in or carried out of a Common-wealth, as the Forein Trade doth Over or Under-ballance in value. And this must come to pass by a Necessity beyound all resistance. So that all other Courses, (which tend not to this End) howsoever they may seem to force Mony into a Kingdom for a time, yet are they (in the End) not only fruitless but also hurtful: They are like to Violent Floods which bear down their Banks, and suddenly remain dry again for want of Waters.
Behold then the true Form and Worth of Forein Trade, which is, The great Revenue of the King; The Honour of the Kingdom; The Noble Profession of the Merchant; The School of our Arts; The Supply of our Wants; The Employment of our Poor; The Improvement of our Lands; The Nursery of our Mariners; The Walls of the Kingdoms; The Means of our Treasure; The Sinews of our Wars; The Terror of out Enemies. For all which great and weighty Reasons, do so many well governed States highly countenance the Profession, and carefully cherish the Action; not only with Policy to Increase it, but also with Power to protect it from all Forein Injuries: Because they know it is a Principle in Reason of State, To Maintain and Defend that which doth Support them and their Estates.
These Books following, are Sold by Tho. Horne at the South Entrance of the Royal-Exchange LONDON.
- HƲdibrass Compleat in 3. parts, the Author Samuel Butler, 8 vo.
- Lex Mercatoria Compleat, with all the Books of Merchants Accompts, fol.
- Boyer's French Dictionary, 4 to.
- — Idem, in 8 vo.
- Toriano's Italian Dictionary, fol.
- Oldham's Poems compleat, 8 vo.
- The Perfect method of Merchants Accompts, by John Collins, fol.
- Plutarch's Lives in 5 Vol 8 vo. by several Hands.
- — Morals, in 5 Vol. 8 vo.
- Grand Cyrus, in 10. Vol. a Romance, 12 o.
- Arch-Bishop Tillotson's Works, fol.
- Pools Annotations on the Bible, 2 Vol. fol.
- The Works of Sr. William Davenant; fol.
- Dampiers Travels, in 2 Vol. 8 vo.
- Letters written by a Turkish Spy, in 8 Vol. 12 o.
- Charon of VVisdom, in 2 Vol. 8 vo.
- Bp. Burnet's History of Reformation, 2 Vol. fol.
- — Exposition on the 39 Articles, fol.
- Anatomy of an Horse, fol.
- Sr. John Chardin's Travels into Persia, fol.
- History of the Kingdom of Syam, fol.
- Coles Dictionary, English and Latine, 8 vo.
- Cambden's Britannia, fol.
- Montaign's Essay' s 3 Vol. 8 vo.
- Aesop's Fables, by Sr. Roger L'Estrange, fol.
- — Idem, by Dr. W. Pope 8 vo.
- Baker's Chronicle of England, fol.
- Lord Bacon's Essay 's, 8 vo.
- Misson's Travels, in 2 Vol. 8 vo.
- Hales Contemplations, 8 vo.
- Lock, on Human Understanding, fol.
- Wing's Art of Surveying Land, fol.
- Sturmy's Mariners Magazine, fol.
- History of the Council of Trent, fol.
- Wiseman's Chirurgery, fol.
- Dr. Scots Christian Life, all the parts compleat, 8 vo.
- English Gardner, 4 to.
- Lassel [...]'s Travels into Italy, 8vo.
- Dafforn's English Merchants Companion, 4 to.
- Evelyn, of Medals, fol.
- Dryden's Translation of Virgil, fol.
- Book of Rates of the Customs, 12 o.
- Horneck's Crucified Jesus, 8 vo.
- — Great Law of Consideration
- — Best Exercise.
- Systema Agriculturae, fol.
- — Compleat Gardner, 8 vo.
- Charnock's VVorks, 2 Vol. fol.
- Taylor's Life of Christ, fol.
- — Cases of Conscience, fol.
- The VVorks of Ben. Johnson, fol.
- Lives and opinions of the Ancient Philosophers, by Diogenes Laertius, 2 Vol. 8 vo.
- Gage's Survey of the West-Indies, 8 vo.
- Buccaneers of America, 8 vo.
- History of Don Quixot, in 2 Vol. 8 vo.
- Bible in Italian, by Diodati, fol.
- Sr. William Temples VVorks, 8 vo.
- Common-Prayer in Italian, 12O.
- Gordon's Geographical Grammar, 8 vo.
- Playford's Singing Psalms, 8 vo.
- Boyle's Seraphick Love, 8 vo.
Also Bibles and Common-Prayer Books in all Volumes; and Sea Charts; likewise Bills of Lading in English, Italian, Spanish, Portuguese, Dutch, and French. And Setts of Books for a Merchants Compting-House, of the best Paper, and Binding.