A New Discourse of Trade: Wherein are Recommended Several Weighty..

1698. A Classic Statement of English Mercantilist Thought, Includes a Section on Usury Child, Sir Josiah [1630-1699]. [Culpeper, Sir Thomas (1626-1697)]. A New Discourse of Trade, Wherein is Recommended Several Weighty Points Relating to Companies of Merchants. The Act of Navigation, Naturalization of Strangers, And Our Woolen Manufactures. The Balance of Trade, And the Nature of Plantations, And Their Consequences in Relation to the Kingdom, Are Seriously Discussed. Methods for the Employment and Maintenance of the Poor are Proposed. The Reduction of Interest of Money to 4 l. Per Centum, Is Recommended. And Some Proposals for Erecting a Court of Merchants for Determining Controversies, Relating to Maritime Affairs, And for a Law for Transferrance of Bills of Debts, Are Humbly Offered. London: Printed and Sold by T. Sowle, 1698. [xlviii], 238, [12] pp. Includes a 12 pp, publisher catalogue. Octavo (6-1/4" x 4"). Eighteenth-century paneled calf, raised bands, lettering piece and gilt ornaments to spine, speckled edges. Light rubbing and a few minor stains to boards, moderate rubbing to extremities, corners bumped, armorial bookplate (of the Earl of Northesk) to front pastedown, front hinge starting at ends, rear pastedown loose. Moderate toning to interior, headlines of publisher catalogue affacted by trimming, light soiling to title page. $750. * Later edition. One of the classic statements of English mercantilist thought, this book was first published in 1690 as A Discourse About Trade. It went through at least ten editions and issues into the 1770s. It discusses the trade policies of the Netherlands, then a leading commercial power, the commercial potential of Britain's colonies and a policy to limit interest rates to encourage the competitive ability of English merchants. This edition includes, on pp. 217-236, "A Small Treatise Against Usury," a reprint of Sir Thomas Culpeper's "A Tract Against Usurie" (1621). The Kress Library of Business and Economics 5101. English Short-Title Catalogue T89154.