A General History and Collection of Voyages and Travels Volume Xviii Part 21

The East India Company, on the other hand, alleged that the cloth they exported was finer and more valuable than that exported by the Turkey Company, and that, if they were rightly informed, the medium of cloths exported by that company, for the last three years, was only 19,000 cloths yearly: it is admitted, however, that before there was any trade to China and j.a.pan, the Turkey Company's exportation of cloth did much exceed that of the East India Company. With respect to the charge of exporting bullion, it was alleged that the Turkey Company also export it to purchase the raw silk in Turkey. The East India Company further contended, that since their importation of raw silk, the English silk manufacturers had much encreased, and that the plain wrought silks from India were the strongest, most durable, and cheapest of any, and were generally re-exported from England to foreign parts.

We have been thus particular in detailing this dispute between these companies, partly because it points out the state of the Levant Company and their commerce, at the close of the seventeenth century, but princ.i.p.ally because it unfolds one of the princ.i.p.al causes of their decline; for, though some little notice of it will afterwards occur, yet its efforts were feeble, and its success diminished, chiefly by the rivalry of the East India Company.

The Levant trade, as we have seen, was gradually obtained by the English from the hands of the Venetians and other foreign powers. The trade we are next to notice was purely of English origin and growth;--we allude to the trade between England and Russia, which began about the middle of the sixteenth century. The discovery of Archangel took place, as we have already related, in 1553. Chanceller, who discovered it, obtained considerable commercial privileges from the Czar for his countrymen. In 1554, a Russian Company was established; but before their charter, the British merchants had engaged in the Russian trade. The first efforts of the company seem to have been confined to attempts to discover a north-east pa.s.sage. Finding these unsuccessful, they turned their attention to commerce: they fortunately possessed a very enterprising man, peculiarly calculated to foster and strengthen an infant trade, who acted as their agent. He first set on foot, in 1558, a new channel of trade through Russia into Persia, for raw silk, &c. In the course of his commercial enquiries and transactions, he sailed down the Volga to Nisi, Novogorod, Casan, and Astracan, and thence across the Caspian Sea to Persia. He mentions that, at Boghar, which he describes as a good city, he found merchants from India, Persia, Russia, and Cathay,--from which last country it was a nine months journey to Boghar. He performed his journey seven different times. It appears, however, that this channel of trade was soon afterwards abandoned, till 1741, when it was resumed for a very short time, during which considerable quant.i.ties of raw silk were brought to England by the route followed by the Russian agent in the sixteenth century. The cause of this abandonment during the sixteenth century seems to have been the length and danger of the route; for we are informed that one of the adventures would have proved exceedingly profitable, had not their s.h.i.+ps, on their return across the Caspian, with Persian raw silk, wrought silks of many kinds, galls, carpets, Indian spices, turquois stones, &c., been plundered by Corsair pirates, to the value of about 40,000_l_. The final abandonment of this route, in the eighteenth century, arose partly from the wars in Persia, but princ.i.p.ally from the extension of India commerce, which being direct and by sea, would, of course supply England much more cheaply with all eastern goods than any land trade. Beside the delay, difficulty, and danger of the route from the Volga, already described, the route followed in the sixteenth century, till the merchants reached the Volga, was attended with great difficulty. The practice was to transport the English goods, which were to be exchanged, in canoes, up the Dwina, from Archangel to Vologda, thence over land, in seven days, to Jeroslau, and thence down the Volga, in thirty days, to Astracan.

The Russians having conquered Narva, in Livonia in 1558, the first place they possessed in the Baltic, and having established it as a staple port, the following year, according to Milton, in his brief history of Muscovia, the English began to trade to it, "the Lubeckers and Dantzickers having till then concealed that trade from other nations." The other branches of the Baltic trade also encreased; for it appears by a charter granted by Elizabeth, in 1579, to an Eastland Company, that trade was carried on between England and Norway, Sweden, Poland, Lithuania, Prussia, Pomerania, Dantzic, Elbing, Konigsberg, Copenhagen, Elsinore, and Finland. This company was established in opposition to the Hanseatic merchants; and it seems to have attained its object; for these merchants complained to the Diet of the Empire against England, alleging, that of the 200,000 cloths yearly exported thence, three-fourths went into Denmark, Sweden, Poland, and Germany; the other fourth being sent to the Netherlands and France.

It was not to be supposed that our commerce with Archangel and Narva would long remain without a rival. The Dutch, aware of its importance, prevented by their influence or presents, the Czar from renewing the Russian Company's privileges. As this trade was become more extensive, and carried off, besides woollen goods, silks, velvets, coa.r.s.e linen cloth, old silver plate, all kinds of mercery wares, serving for the apparel of both s.e.xes, purses, knives, &c. Elizabeth used her efforts to re-establish the company on its former footing; and a new Czar mounting the throne, she was successful.

The frequent voyages of the English to the White Sea made them acquainted with Cherry Island, of which they took possession, and where they carried on for a short time the capture of morses: the teeth of these were regarded as nearly equal in quality and value to ivory, and consequently afforded a lucrative trade; oil was also obtained from these animals. Lead ore is said to have been discovered in this island, of which thirty tons were brought to England in 1606. The Russian Company, however, soon gave up the morse fishery for that of whales. They also carried on a considerable trade with Kola, a town in Russian Lapland, for fish oil and salmon: of the latter they sometimes brought to England 10,000 at one time. But in this trade the Dutch likewise interfered.

The fishery for whales near Spitzbergen was first undertaken by the company in 1597. In 1613, they obtained from King James an exclusive charter for this fishery; and under this, fitting out armed s.h.i.+ps, they expelled fifteen sail of French, Dutch, and Biscayners, besides some private English s.h.i.+ps. But the Dutch persevered, so that next year, while the Russian Company had only thirteen s.h.i.+ps at the whale fishery, the former had eighteen. The success of their whale fishery seems to have led to the neglect of their Russian trade, for, in 1615, only two vessels were employed in it, instead of seventeen great s.h.i.+ps formerly employed. From this period, the commerce carried on between Russia and England, by the Russian Company, seems gradually to have declined.

The commerce between England and the other parts of Europe, during the sixteenth and seventeenth centuries, presents little that calls for notice; as the manufactures and capital of England encreased, it gradually encreased, and was transferred from foreign to English vessels. The exports consisted princ.i.p.ally of woollen goods, prepared skins, earthen-ware, and metals. The imports of linens, silks, paper, wines, brandy, fruits, dye-stuffs, and drugs. The woollen cloths of England were indeed the staple export to all parts of England during the whole of the sixteenth and seventeenth centuries: as our cotton, earthen-ware, and iron manufactures sprung up and encreased, they supplied other articles of export;--our imports, at first confined to a few articles, afterwards encreased in number and value, in proportion as our encreased industry, capital, and skill, enlarged our produce and manufactures, and thus enabled us to purchase and consume more. A very remarkable instance of the effect of skill, capital, and industry, is mentioned by Mr. Lewis, a merchant, who published a work ent.i.tled, _The Merchant's Map of Commerce_, in 1641. "The town of Manchester," he says, "buys the linen yarn of the Irish in great quant.i.ty, and, weaving it, returns the same again, in linen, into Ireland to sell. Neither doth her industry rest here, for they buy cotton wool in London, that comes first from Cyprus and Smyrna, and work the same into fustians, vermilions, dimities, &c., which they return to London, where they are sold, and from thence not seldom are sent into such foreign parts where the first materials may be more easily had for that manufacture." How similar are these two instances to that which has occurred in our own days, when the cotton-wool, brought from the East Indies, has been returned thither after having been manufactured, and sold there cheaper than the native manufactures.

But though there are no particulars relative to the commerce between England and Europe, which call for our notice, as exhibiting any thing beyond the gradual extension of commercial intercourse already established; yet in the sixteenth and seventeenth centuries, there were other commercial intercourses into which England entered, that deserve attention. These may be cla.s.sed under three heads: the trade to Africa, to America, and India.

I. The trade to Africa.--The first notice of any trade between England and Africa occurs in the year 1526, when some merchants of Bristol, which, at this period, was undoubtedly one of our most enterprising cities, traded by means of Spanish s.h.i.+ps to the Canaries. Their exports were cloth, soap, for the manufacture of which, even at this early period, Bristol was celebrated, and some other articles. They imported drugs for dyeing, sugar, and kid skins. This branch of commerce answering, the Bristol merchants sent their factors thither from Spain. The coast of Africa was, at this period, monopolized by the Portuguese. In 1530, however, an English s.h.i.+p made a voyage to Guinea for elephants' teeth: the voyage was repeated; and in 1536, above one hundred pounds weight of gold dust, besides elephants'

teeth, was imported in one s.h.i.+p. A few years afterwards, a trade was opened with the Mediterranean coast of Africa, three s.h.i.+ps sailing from Bristol to Barbary with linens, woollen cloth, coral, amber, and jet; and bringing back sugar, dates, almonds, and mola.s.ses. The voyages to Guinea from the ports of the south and southwest of England, particularly Portsmouth, Plymouth, and Bristol, were frequently repeated: the returns were uniformly gold dust and elephants' teeth. But it does not appear that other ports followed the example of these, that these sent many s.h.i.+ps, or that the commerce became very regular and lucrative, till the west coast of Africa was resorted to for slaves.

This infamous trade was first entered upon by the English in the year 1562.

Mr. John Hawkins, with several other merchants, having learnt that negroes were a good commodity in Hispaniola, fitted out three s.h.i.+ps, the largest 120, the smallest forty tons, for the coast of Guinea. Here they bought slaves, which they sold in Hispaniola for hides, sugar, ginger, and pearls.

The other branches of the African trade continued to flourish. In 1577, English merchants were settled in Morocco; Spanish, Portuguese, and French merchants had been settled there before. In this year, Elizabeth, always attentive to whatever would benefit commerce, sent an amba.s.sador to the Emperor of Morocco, who obtained some commercial privileges for the English. In 1588, the first voyage to Benin was made from London, by a s.h.i.+p and a pinnace: in 1590, a second voyage was made from the same port with the same vessels. Their exports were linen, woollen cloths, iron manufactures, bracelets of copper, gla.s.s beads, coral, hawks' bells, horses' tails, hats, &c. They imported Guinea pepper, elephants' teeth, palm oil, cotton cloth, and cloth made of the bark of trees.

An African Company had been formed in Elizabeth's reign; but neither this, nor two others succeeded; their ruin was occasioned by war, misconduct, and the interference of what were called interlopers. In 1672, a fourth company was established, whose efforts at first seem to have been great and successful. They bought the forts the former companies had erected on the west coast: instead of making up their a.s.sortments of goods for export in Holland, as the former companies had been obliged to do, they introduced into England the making of sundry kinds of woollen goods not previously manufactured. They imported large quant.i.ties of gold dust, out of which 50,000 guineas were first coined in one year, 1673. Their other imports were red wood for dyes, elephants' teeth, wax, honey, &c. The value of the English goods exported to them averaged annually 70,000_l_. This company was broken up at the Revolution.

II. Though the Portuguese and Spaniards were very jealous of the interference of any nation with their East India commerce; yet they were comparatively easy and relaxed with regard to their American possessions.

Accordingly, we find that, in 1530, there was some little trade between England and Brazil: this is the first notice we can trace of any commercial intercourse between this country and the New World. The first voyage was from Plymouth: in 1540 and 1542 the merchants of Southampton and London also traded to Brazil. We are not informed what were the goods imported; but most probably they were Brazil wood, sugar, and cotton. The trade continued till 1580, when Spain, getting possession of Portugal, put a stop to it.

The next notice of any trading voyage to America occurs in 1593, when some English s.h.i.+ps sailed to the entrance of the St. Lawrence for morse and whale fis.h.i.+ng. This is the first mention of the latter fishery, or of whale fins, or whale bones by the English. They could not find any whales; but on an island they met with 800 whale fins, the remains of a cargo of a Biscay s.h.i.+p which had been wrecked here.

In 1602, the English had suspended all intercourse with America for sixteen years, in consequence of the unsuccessful attempts of Raleigh. But, at this time, the intercourse was renewed: a s.h.i.+p sailed to Virginia, the name then given to the greater part of the east coast of North America; and a traffic was carried on with the Indians for peltry, sa.s.safras, cedar wood, &c.

Captain Gosnol, who commanded this vessel, was a man of considerable skill in his profession, and he is said to have been the first Englishman who sailed directly to North America, and not, as before, by the circuitous course of the West Indies and the Gulf of Florida. In the subsequent year there was some traffic carried on with the Indians of the continent, and some of the uncolonized West India islands.

Prior to the year 1606 several attempts had been made to colonize different parts of the new world by the English, but they all proved abortive. In this year, however, a permanent settlement was established near James River, within the Chesapeake. It is not our plan to detail all the particular settlements, or their progress to maturity; but merely to point out the beginnings of them, as evidence of our extending commerce, and to state such proofs as most strikingly display their improvement and the advantages the mother country derived from them. In conformity with this plan, we may mention that sugar plantations were first formed in Barbadoes in 1641: this, as Mr. Anderson, in his History of Commerce, justly observes, "greatly hastened the improvement of our other islands, which soon afterwards followed it in planting sugar to very great advantage. And, as it was impossible to manage the planting of that commodity by white people in so hot a climate, so neither could sufficient numbers of such be had at any rate. Necessity, therefore, and the example of Portugal gave birth to the negro slave trade to the coast of Guinea and it is almost needless to add, that such great numbers of slaves, and also the increase of white people in those islands, soon created a vast demand for all necessaries from England, and also a new and considerable trade to Madeira for wines to supply those islands." The immediate consequence of the spread of the sugar culture in our West India islands was, that the ports of London and Bristol became the great magazines for this commodity, and supplied all the north and middle parts of Europe; and the price of the Portuguese-Brazil sugars was reduced from 8_l_. to 2_l_. 10_s_. per cwt.

The rapid growth of the English colonies on the continent and in the islands of America, during the seventeenth century, is justly ascribed by Sir Josiah Child, to the emigration thither, occasioned by the persecution of the Puritans by James I. and Charles I.; to the defeat of the Royalists and Scotch by Cromwell; and, lastly, to the Restoration, and the consequent disbanding of the army, and fears of the partizans of Cromwell. It may be added, that most of the men who were driven to America from these causes, were admirably fitted to form new settlements, being of industrious habits, and accustomed to plain fare and hard work.

The American plantations, as they were called, increased so rapidly in commerce that, according to the last author referred to, they did, even in the year 1670, employ nearly two-thirds of all our English s.h.i.+pping, "and therefore gave constant sustenance, it may be, to 200,000 persons here at home." At this period New England seems to have directed its chief attention and industry to the cod and mackerel fisheries, which had increased their s.h.i.+ps and seamen so much as to excite the jealousy of Sir Josiah Child, who, however, admits that what that colony took from England amounted to ten times more than what England took from it. The Newfoundland fishery, he says, had declined from 250 s.h.i.+ps in 1605, to eighty in 1670: this he ascribes to the practice of eating fish alone on fast days, not being so strictly kept by the Catholics as formerly. From Carolina, during the seventeenth century, England obtained vast quant.i.ties of naval stores, staves, lumber, hemp, flax, and Indian corn. About the end of this century, or at the very commencement of the next, the culture of rice was introduced by the accident of a vessel from Madagascar happening to put into Carolina, which had a little rice left; this the captain gave to a gentleman, who sowed it.

The colony of Virginia seems to have flourished at an earlier period than any of the other English colonies. In the year 1618, considerable quant.i.ties of tobacco were raised there; and it appears, by proclamations of James I. and Charles I., that no tobacco was allowed to be imported into England, but what came from Virginia or the Bermudas.

The colony of Pennsylvania was not settled by Pen till the year 1680: he found there, however, many English families, and a considerable number of Dutch and Swedes. The wise regulations of Pen soon drew to him industrious settlers; but the commerce in which they engaged did not become so considerable as to demand our notice.

III. The commercial intercourse of England with India, which has now grown to such extent and importance, and from which has sprung the anomaly of merchant-sovereigns over one of the richest and most populous districts of the globe, began in the reign of Elizabeth. The English Levant Company, in their attempts to extend their trade with the East, seem first to have reached Hindostan, in 1584, with English merchandize. About the same time the queen granted introductory letters to some adventurers to the king of Cambaya; these men travelled through Bengal to Pegu and Malacca, but do not seem to have reached China. They, however, obtained much useful information respecting the best mode of conducting the trade to the East.

The first English s.h.i.+p sailed to the East Indies in the year 1591; but the voyage was rather a warlike than a commercial one, the object being to attack the Portuguese; and even in this respect it was very unfortunate. A similar enterprize, undertaken in 1593, seems, by its success, to have contributed very materially to the commercial intercourse between England and India; for a fleet of the queen's s.h.i.+ps and some merchant s.h.i.+ps having captured a very large East India carrack belonging to the Spaniards or Portuguese, brought her into Dartmouth: if she excited astonishment at her size, being of the burthen of 1600 tons, with 700 men, and 36 bra.s.s cannon, she in an equal degree stimulated and enlarged the commercial desires and hopes of the English by her cargo. This consisted of the richest spices, calicoes, silks, gold, pearls, drugs, China ware, ebony wood, &c., and was valued at 150,000_l_.

The increasing commercial spirit of the nation, which led it to look forward to a regular intercourse with India, was gratified in the first year of the seventeenth century, when the queen granted the first charter to an East India Company. She seems to have been directly led to grant this in consequence of the complaints among her subjects of the scarcity and high price of pepper; this was occasioned by the monopoly of it being in the power of the Turkey merchants and the Dutch, and from the circ.u.mstance that by our war with Portugal, we could not procure any from Lisbon. The immediate and princ.i.p.al object of this Company, therefore, was to obtain pepper and other spices; accordingly their s.h.i.+ps, on their first voyage, sailed to Bantam, where they took in pepper, to the Banda isles; where they took in nutmeg and mace, and to Amboyna, where they took in cloves. On this expedition the English established a factory at Bantam. In 1610, this Company having obtained a new charter from James I., built the largest merchant s.h.i.+p that had ever been built in England, of the burthen of 1100 tons, which with three others they sent to India. In 1612 the English factory of Surat was established with the permission of the Great Mogul; this was soon regarded as their chief station on the west coast of India.

Their first factory on the coast of Coromandel, which they formed a few years afterwards, was at Masulipatam: their great object in establis.h.i.+ng this was to obtain more readily the cloths of Coromandel, which they found to be the most advantageous article to exchange for pepper and other spices. For at this time their trade with the East seems to have been almost entirely confined to these latter commodities. In 1613, the first English s.h.i.+p reached a part of the j.a.pan territories, and a factory was established, through which trade was carried on with the j.a.panese, till the Dutch persuaded the emperor to expel all Europeans but themselves.

The year 1614 forms an important era in the history of our commercial intercourse with India; for Sir Thomas Roe, whom James sent amba.s.sador to the Mogul, and who remained several years at his court, obtained from him important privileges for the East India Company. At this time, the following European commodities were chiefly in repute in India; knives of all kinds, toys, especially those of the figures of beasts, rich velvets and satins, fowling pieces, polished ambers and beads, saddles with rich furniture, swords with fine hilts inlaid, hats, pictures, Spanish wines, cloth of gold and silver, French s.h.a.ggs, fine Norwich stuffs, light armour, emeralds, and other precious stones set in enamel, fine arras hangings, large looking gla.s.ses, bows and arrows, figures in bra.s.s and stone, fine cabinets, embroidered purses, needlework, French tweezer cases, perfumed gloves, belts, girdles, bone lace, dogs, plumes of feathers, comb cases richly set, prints of kings, cases of strong waters, drinking and perspective gla.s.ses, fine basons and ewers, &c. &c. In consequence of the privileges granted the East India Company by the Mogul, and by the Zamorine of Calicut, their factories were now numerous, and spread over a large extent of coast.

If we may trust the controversial pamphlets on the East India Company which were published in 1615, it appears that up to this year they had employed only twenty-four s.h.i.+ps; four of which had been lost; the largest was 1293 tons, and the smallest 150. Their princ.i.p.al imports were still pepper, cloves, mace, and nutmegs, of which 615,000 lbs. were consumed in England, and the value of 218,000_l_. exported: the saving in the home consumption of these articles was estimated at 70,000_l_. The other imports were indigo, calicoes, China silks, benzoin, aloes, &c. Porcelain was first imported this year from Bantam. The exports consisted of bays, kersies, and broad cloths, dyed and dressed, to the value of 14,000_l_.; lead, iron, and foreign merchandize, to the value of 10,000_l_.; and coin and bullion, to the value of 12,000_l_.; the outfit, provisions, &c. of their s.h.i.+ps cost 64,000_l_.

The Dutch, who were very jealous of the successful interference of the English in their eastern trade, attacked them in every part of India; and though a treaty was concluded between the English and the Dutch East India Company, yet the treachery and cruelty of the Dutch, especially at Amboyna, and the civil wars into which England was plunged, so injured the affairs of the English East India Company, that at the death of Charles I. its trade was almost annihilated. One beneficial consequence, however, resulted from the hostility of the Dutch; the English, driven from their old factories, established new ones at Madras and in Bengal.

Before, however, this decline of the English trade to India, we have some curious and interesting doc.u.ments relating to it particularly, and to the effects produced on the cost of East Indian commodities in Europe generally, by the discovery of the Cape of Good Hope. These are supplied by Mr. Munn, in a treatise he published in 1621; in favour of the East India trade. We have already given the substance of his remarks so far as they relate to the lowering the price of Indian commodities, but as his work is more particularly applicable to, and ill.u.s.trative of the state of English commerce with India, at this time, we shall here enter into some of his details.

According to them, there were six million pounds of pepper annually consumed in Europe, which used to cost, when purchased at Aleppo, brought over land thither from India, at the rate of two s.h.i.+llings per lb.; whereas it now cost, purchased in India, only two-pence halfpenny per lb.: the consumption of cloves was 450,000 lbs.; cost at Aleppo four s.h.i.+llings and nine-pence per lb., in India nine-pence: the consumption of mace was 150,000 lbs.; cost at Aleppo the same per lb. as the cloves; in India it was bought at eight-pence per lb.: the consumption of nutmegs was 400,000 lbs.; the price at Aleppo, two s.h.i.+llings and four-pence per lb.; in India only four-pence; the consumption of indigo was 350,000 lbs.; the price at Aleppo four s.h.i.+llings and four-pence per lb.; in India one and two-pence, and the consumption of raw silk was one million lbs., the price of which at Aleppo was twelve s.h.i.+llings per lb., and in India eight s.h.i.+llings. It will be remarked that this last article was purchased in India, at a rate not nearly so much below its Aleppo price as any of the other articles; pepper, on the other hand, was more reduced in price than any of the other articles. The total cost of all the articles, when purchased at Aleppo, was 1,465,000 _l._; when purchased in India, 511,458 _l._; the price in the latter market, therefore, was little more than one-third of their Aleppo price. As, however, the voyage from India is longer than that from Aleppo, it added, according to Mr. Munn's calculation, one-sixth to the cost of the articles beyond that of the Turkey voyage. Even after making this addition, Mr. Munn comes to the conclusion we have formerly stated, "that the said wares by the Cape of Good Hope cost us but about half the price which they will cost from Turkey."

Mr. Munn also gives the annual importation of the princ.i.p.al Indian goods into England, by the East India Company, and the price each article sold for in England; according to this table, the quant.i.ty of pepper was 250,000 lbs., which, bought in India for twopence halfpenny, sold in England for one s.h.i.+lling and eightpence:--150,000 lbs. of cloves, which bought in India for ninepence, sold in England for six s.h.i.+llings:--150,000 lbs. of nutmegs, bought for four-pence, sold for two s.h.i.+llings and sixpence:--50,000 lbs. of mace, bought for eightpence, sold for six s.h.i.+llings:--200,000 lbs. of indigo, bought for one s.h.i.+lling and twopence, sold for five s.h.i.+llings:--107,140 lbs. of China raw silk, bought for seven s.h.i.+llings, sold for twenty s.h.i.+llings:--and 50,000 pieces of calico, bought for seven s.h.i.+llings a piece, sold for twenty-six s.h.i.+llings.

In a third table he gives the annual consumption of the following India goods, and the lowest prices at which they used to be sold, when procured from Turkey or Lisbon, before England traded directly to India. There was consumed of pepper, 400,000 lbs., which used to be sold at three s.h.i.+llings and sixpence per lb.; of cloves, 40,000, at eight s.h.i.+llings; of mace, 20,000, at nine s.h.i.+llings; of nutmegs, 160,000, at four s.h.i.+llings and sixpence; and of indigo, 150,000, at seven s.h.i.+llings. The result is, that when England paid the lowest ancient prices, it cost her 183,500_l_. for these commodities; whereas, at the common modern prices, it costs her only 108,333_l_. The actual saving therefore to the people of England, was not near so great as might have been expected, or as it ought to have been, from a comparison of the prices at Aleppo and in India.

There are some other particulars in Mr. Munn's Treatise relating to the European Trade to the East at this period, which we shall select. Speaking of the exportation of bullion to India, he says that the Turks sent annually 500,000_l_. merely for Persian raw silk; and 600,000_l_. more for calicoes, drugs, sugar, rice, &c.: their maritime commerce was carried on from Mocha; their inland trade from Aleppo and Constantinople. They exported very little merchandize to Persia or India. Ma.r.s.eilles supplied Turkey with a considerable part of the bullion and money which the latter used in her trade with the East,--sending annually to Aleppo and Alexandria, at least 500,000_l_. and little or no merchandize. Venice sent about 400,000_l_. and a great value in wares besides. Messina about 25,000_l_., and the low countries about 50,000_l_., besides great quant.i.ties of gold and dollars from Germany, Poland, Hungary, &c. With these sums were purchased either native Turkish produce and manufactures, or such goods as Turkey obtained from Persia and other parts of the East: the princ.i.p.al were camblets, grograms, raw silk, cotton wool and yarn, galls, flax, hemp, rice, hides, sheeps' wool, wax, corn, &c. England, according to Mr. Munn, did not employ much bullion, either in her Turkey or her India trade; in the former she exported vast quant.i.ties of broad cloth, tin, &c. enough to purchase nearly all the wares she wanted in Turkey, besides three hundred great bales of Persian raw silk annually. In the course of nineteen years, viz. from their establishment in 1601 to 1620, the East India Company had exported, in woollen cloths, tin, lead, and other English and foreign wares, at an average of 15,383_l_. per annum, and in the whole, 292,286_l_. During the same period they had exported 548,090_l_. in Spanish silver. The East India Company employed in 1621, according to this author, 10,000 tons of s.h.i.+pping, 2500 mariners, 500 s.h.i.+p carpenters, and 120 factors. The princ.i.p.al places to which, at this period, we re-exported Indian goods, were Turkey, Genoa, Ma.r.s.eilles, the Netherlands, &c.; the re-exportations were calculated to employ 2000 more tons of s.h.i.+pping, and 500 more mariners.

From a proclamation issued in 1631, against clandestine trade to and from India, we learn the different articles which might be legally exported and imported: the first were the following: perpalicanos and drapery, pewter, saffron, woollen stockings, silk stockings and garters, ribband, roses edged with silver lace, beaver hats with gold and silver bands, felt hats, strong waters, knives, Spanish leather shoes, iron, and looking gla.s.ses.

There might be imported, long pepper, white pepper, white powder sugar, preserved nutmegs and ginger preserved, merabolans, bezoar stones, drugs of all sorts, agate heads, blood stones, musk, aloes socratrina, ambergris, rich carpets of Persia and of Cambaya, quilts of satin taffety, painted calicoes, Benjamin, damasks, satins and taffeties of China, quilts of China embroidered with silk, galls, sugar candy, China dishes, and porcelain of all sorts.

Though several articles of Chinese manufacture are specified in the proclamation, yet we have no notice of any direct trade to China till nearly fifty years after this time, viz. in the year 1680. In this year the East India Company sent out eleven s.h.i.+ps, including two to China and the Moluccas; their general burden was between 500 and 600 tons: in these s.h.i.+ps there was a stock of nearly 500,000_l_. Besides the articles imported from India enumerated in the proclamation of 1631, there now appear cowries, saltpetre, muslins, diamonds, &c.

In 1689 the East India Company published a state of their trade, from which it appeared that in the last seven years they had built sixteen s.h.i.+ps from 900 to 1300 tons each,--that they had coming from India eleven s.h.i.+ps and four permission s.h.i.+ps, the value of their cargoes being above 360,000_l_.: that they had on their outward voyage to Coast and Bay, seven s.h.i.+ps and six permission s.h.i.+ps, their cargoes valued at 570,000_l_.: that they had seven s.h.i.+ps for China and the South Seas, whose cargoes amounted to 100,000_l_.

That they had goods in India unsold, to the amount of 700,000_l_. About this period, Sir John Child, being what would now be called governor general of India, and his brother, Sir Jonah, leading member of the Court of Committees, the policy was introduced through their means, on which the sovereign power, as well as the immense empire of the East India Company was founded; this policy consisted of the enlargement of the authority of the Company over British subjects in India, and in attaining political strength and dominion, by retaliating by force of arms, on those Indian princes who oppressed their settlements.

In the year 1698, in consequence of complaints against the East India Company, and their inability to make any dividend, they thought it necessary to give in a statement of their property in India. In this they a.s.serted that they had acquired, solely at their own expence, revenues at Fort St. George, Fort St. David, and Bombay, as well as in Persia, and elsewhere, to the amount of 44,000_l_. per annum, arising from customs and licenses, besides a large extent of land in these places; they had also erected forts and settlements in Sumatra, and on the coast of Malabar, which were absolutely necessary to carry on the pepper trade; they had a strongfort in Bengal, and many factories, settlements, &c. in other places.

The result of the complaints against the Company was, that a new company was established this year; the two companies, however, united in the beginning of the eighteenth century.

We shall conclude our account of the state of English commerce during the sixteenth and seventeenth centuries, with some more general and miscellaneous topics.

I. Exports. In the year 1534, the total value of our exports did not exceed 900,000_l_. of the present value of our money: the balance of trade was estimated at 700,000_l_.: this arose princ.i.p.ally from the very great exportation of woollen goods, tin, leather, &c., on which an export duty was laid, bringing in 246,000_l_.; whereas, the duty on imports did not produce more than 1700_l_. In the year 1612, according to Missenden, in his Circle of Commerce, the exports to all the world amounted to 2,090,640_l_., and the imports to 2,141,151_l_.; on the latter, however, the custom duties are charged; the custom duties on the exports were 86,794_l_.; the impost paid outwards on woollen goods, tin, lead, pewter, &c. 10,000_l_.; and the merchants' gains, freight, and other charges, to 300,000_l_.:--if these be added to the value of the exports, the total amount will be 2,487,435_l_,-- from which the imports, including custom duty on them, being deducted, leaves 346,283_l_.,--which Missenden regards as the balance gained that year by the nation. The princ.i.p.al articles of export have been enumerated: the princ.i.p.al articles of import were silks, Venice gold and silver stuffs, Spanish wines, linen, &c. At this time, London paid nearly three times as much for custom duties as all the rest of England together. In the year 1662, according to D'Avenant, the inspector general of the customs, our imports amounted to 4,016,019_l_., and our exports only to 2,022,812_l_.; the balance against the nation being nearly two millions. In the last year of the seventeenth century, according to the same official authority, there was exported to England from all parts, 6,788,166_l_.: of this sum, our woollen manufactures were to the value of 2,932,292_l_.; so that there was an increase of our exports since 1662, of 4,765,534_l_. The yearly average of all the merchandize imported from, and exported to the north of Europe, from Michaelmas, 1697, to Christmas, 1701, is exhibited in the following table:

Annual Countries. Imported from. Exported to. Loss

Denmark and Sweden 76,215_l_ 39,543_l. 36,672_l_.

East Country 181,296 149,893 31,403 Russia 112,252 58,884 53,568 Sweden 212,094 57,555 154,539 --------- Total annual average loss 275,982_l_.

II. s.h.i.+ps. In the year 1530, the s.h.i.+p which first sailed on a trading voyage to Guinea, and thence to the Brazils, was regarded as remarkably large; her burden amounted to 250 tons. And in Wheeler's Treatise of Commerce, published in 1601, we are informed, that about 60 years before he wrote (which would be about 1541), there were not above four s.h.i.+ps (besides those of the royal navy) that were above 120 tons each, in the river Thames; and we learn from Monson, in his Naval Tracts, that about 20 years later, most of our s.h.i.+ps of burden were purchased from the east countrymen, or inhabitants of the south sh.o.r.es of the Baltic, who likewise carried on the greatest trade of our merchants in their own vessels. He adds, to bid adieu to that trade and those s.h.i.+ps, the Jesus of Lubec. a vessel then esteemed of great burden and strength, was the last s.h.i.+p bought by the queen. In 1582, there were 135 merchant vessels in England, many of them of 500 tons each: and in the beginning of King James's reign, there were 400, but these were not so large, not above four of these being of 400 tons. In 1615, it appears, that the East India Company, from the beginning of their charter, had employed only 24 s.h.i.+ps, four of which had been lost. The largest was 1293 tons; one 1100, one 1060, one 900, one 800, and the remainder from 600 to 150. In the same year, 20 s.h.i.+ps sailed to Naples, Genoa, Leghorn, and other parts of the Mediterranean, chiefly laden with herrings; and 30 from Ireland, to the same ports, laden with pipe staves: to Portugal and Amsterdam, 20 s.h.i.+ps for wines, sugar, fruit, and West India drugs: to Bourdeaux, 60 s.h.i.+ps for wines: to Hamburgh and Middleburgh, 35 s.h.i.+ps: to Dantzic, Koningsberg, 30 s.h.i.+ps: to Norway 5;--while the Dutch sent above 40 large s.h.i.+ps. The Newcastle coal trade employed 400 sail;--200 for London, and 200 for the rest of England. It appears, that at this time many foreign s.h.i.+ps resorted to Newcastle for coals: whole fleets of 50 sail together from France, besides many from Bremen, Holland, &c. The Greenland fishery employed 14 s.h.i.+ps.

The following calculation of the s.h.i.+pping of Europe in 1690, is given by Sir William Petty. England, 500,000 tons; the United Provinces, 900,000; France, 100,000; Hamburgh, Denmark, Sweden, Dantzic, 250,000; Spain, Portugal, Italy, 250,000: total 2,000,000. But that this calculation is exceeding loose, so far as regards England at least, is evident from the returns made to circular letters of the commissioners of customs: according to these returns, there belonged to all the ports of England, in January 1701-2., 3281 vessels, measuring 261,222 tons, and carrying 27,196 men, and 5660 guns. As we wish to be minute and enter into detail, while our commerce and s.h.i.+pping were yet in their infancy, in order to mark more decidedly its progress, we shall subjoin the particulars of this return.

Ports. Vessels. Tons. Men.

London 560 84,882 10,065 Bristol 165 17,338 2,359 Yarmouth 143 9,914 668 Exeter 121 7,107 978 Hull 115 7,564 187 Whitby 110 8,292 571 Liverpool 102 8,619 1,101 Scarborough 100 6,860 606

None of the other ports had 100 vessels: Newcastle had sixty-three, measuring 11,000 tons; and Ipswich thirty-nine, measuring 11,170; but there certainly is some mistake in these two instances, either in the number of the s.h.i.+ps, or the tonnage. The small number of men employed at Hull arose from eighty of their s.h.i.+ps being at that time laid up.

III. During the sixteenth and seventeenth centuries, the great rivals of the English in their commerce were the Dutch: they had preceded the English to most countries; and, even where the latter had preceded them, they soon insinuated themselves and became formidable rivals: this was the case particularly with respect to the trade to Archangel. Some curious and interesting particulars of this rivalry are given by Sir Walter Raleigh, in his Observations concerning the Trade and Commerce of England with the Dutch and other foreign Nations, which he had laid before King James. In this work he maintains that the Dutch have the advantage over the English by reason of the privileges they gave to foreigners, by making their country the storehouse of all foreign commodities; by the lowness of their customs; by the structure of their s.h.i.+ps, which hold more, and require fewer hands than the English; and by their fishery. He contends that England is better situated for a general storehouse for the rest of Europe than Holland: yet no sooner does a dearth of corn, wine, fish, &c. happen in England, than forthwith the Hollanders, Embedners, or Humburghers, load 50 or 100 s.h.i.+ps, and bring their articles to England. Amsterdam, he observes, is never without 700,000 quarters of corn, none of it the growth of Holland; and a dearth of only one year in any other part of Europe enriches Holland for seven years. In the course of a year and a half, during a scarcity in England, there was carried away from the ports of Southampton, Bristol, and Exeter alone, nearly 200,000_l_.: and if London and the rest of England were included, there must have been 2,000,000 more.