[The History of England in Three Volumes, Vol.I., Part E. by David Hume]@TWC D-Link book
The History of England in Three Volumes, Vol.I., Part E.

CHAPTER LXII
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Twenty thousand cloths were annually sent to Turkey.[**] Commerce met with interruption, no doubt, from the civil wars and convulsions which afterwards prevailed; though it soon recovered after the establishment of the commonwealth.

The war with the Dutch, by distressing the commerce of so formidable a rival, served to encourage trade in England; the Spanish war was to an equal degree pernicious.
All the effects of the English merchants, to an immense value, were confiscated in Spain.

The prevalence of democratical principles engaged the country gentlemen to bind their sons apprentices to merchants;[***] and commerce has ever since been more honorable in England than in any other European kingdom.

The exclusive companies, which formerly confined trade, were never expressly abolished by any ordinance of parliament during the commonwealth; but as men paid no regard to the prerogative whence the charters of these companies were derived, the monopoly was gradually invaded, and commerce increased by the increase of liberty.
Interest in 1650 was reduced to six per cent.
The customs in England, before the civil wars, are said to have amounted to five hundred thousand pounds a year;[****] a sum ten times greater than during the best period in Queen Elizabeth's reign: but there is probably some exaggeration in this matter.
The post-house, in 1653, was farmed at ten thousand pounds a year, which was deemed a considerable sum for the three kingdoms.

Letters paid only about half the present postage.
From 1619 to 1638, there had been coined six millions nine hundred thousand and forty-two pounds.


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