The Complete English Tradesman (1839 ed.) eBook

This eBook from the Gutenberg Project consists of approximately 430 pages of information about The Complete English Tradesman (1839 ed.).

The Complete English Tradesman (1839 ed.) eBook

This eBook from the Gutenberg Project consists of approximately 430 pages of information about The Complete English Tradesman (1839 ed.).

This inland trade is in itself at this time the wonder of all the world of trade, nor is there any thing like it now in the world, much less that exceeds it, or perhaps ever will be, except only what itself may grow up to in the ages to come; for, as I have said on all occasions, it is still growing and increasing.

By this prodigy of a trade, all the vast importation from our own colonies is circulated and dispersed to the remotest corner of the island, whereby the consumption is become so great, and by which those colonies are so increased, and are become so populous and so wealthy as I have already observed of them.  This importation consists chiefly of sugars and tobacco, of which the consumption in Great Britain is scarcely to be conceived of, besides the consumption of cotton, indigo, rice, ginger, pimento or Jamaica pepper, cocoa or chocolate, rum and molasses, train-oil, salt-fish, whale-fin, all sorts of furs, abundance of valuable drugs, pitch, tar, turpentine, deals, masts, and timber, and many other things of smaller value; all which, besides the employing a very great number of ships and English seamen, occasion again a very great exportation of our own manufactures of all sorts to those colonies; which being circulated again for consumption there, that circulation is to be accounted a branch of home or inland trade, as those colonies are on all such occasions esteemed as a branch of part of ourselves, and of the British government in the world.

This trade to our West Indies and American colonies, is very considerable, as it employs so many ships and sailors, and so much of the growth of those colonies is again exported by us to other parts of the world, over and above what is consumed among us at home; and, also, as all those goods, and a great deal of money in specie, is returned hither for and in balance of our own manufactures and merchandises exported thither—­on these accounts some have insisted that more real wealth is brought into Great Britain every year from those colonies, than is brought from the Spanish West Indies to old Spain, notwithstanding the extent of their dominion is above twenty times as much, and notwithstanding the vast quantity of gold and silver which they bring from the mines of Mexico, and the mountains of Potosi.[38]

Whether these people say true or no, is not my business to inquire here; though, if I may give my opinion, I must acknowledge that I believe they do; but be it so or not, it is certain that it is an infinitely extended trade, and daily increasing; and much of it, if not all, is and ought to be esteemed as an inland trade, because, as above, it is a circulation among ourselves.

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The Complete English Tradesman (1839 ed.) from Project Gutenberg. Public domain.