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Updated: June 28, 2025
And alas the diligent Merchant, when he has gotten the least smatch of this frensie, his head runs so much upon wheels, that he daily neglects his Change-time; forgets his Bils of exchange; and is alwaies a Post or two behind hand with his Letters: So that he knows not what Merchandises rise or fall, or what commodities are arrived or expected.
And while we were here we espied a ship and set sail after her, and took her, and found in her two pilots and a Spanish governor, going for the islands of the Philippinas. We searched the ship, and took some of her merchandises, and so let her go.
Lett us keepe our lives." We made many private suits, but all in vaine. That vexed us most that we had given away most of our merchandises & swapped a great deale for Castors. Moreover they made no great harvest, being but newly there. Beside, they weare no great huntsmen. Our journey was broaken till the next yeare, & must per force.
"But the sea is yours; you maintain by your fleets the safety of navigation in it, and keep it clear of pirates; you may have, therefore, a natural and equitable right to some toll or duty on merchandises carried through that part of your dominions, towards defraying the expense you are at in ships to maintain the safety of that carriage."
I am loath to leave the piazza and palace without finding some word or two to suggest their antique majesty, in the sunshine and the shadow; and how fit it seemed, notwithstanding their venerableness, that there should be a busy crowd filling up the great, hollow amphitheatre, and crying their fruit and little merchandises, so that all the curved line of stately old edifices helped to reverberate the noise.
The protection of domestic industry received the early attention of congress. The second law passed by the first congress under the constitution, authorized "duties to be laid on goods, wares, and merchandises imported;" and among the objects of the law expressed in a preamble one was "the encouragement and protection of domestic manufactures."
Also we command you our authorised people at the sea side as wel Customers as others to take of the foresaid merchants a note, or remembrance, what goods they bring in and ship out: whereby it may be knowen what goods come in and go out. But in no wise shall you open or vnpacke any of their wares or merchandises.
Every new voyage the merchant contrives is a project; and ships are sent from port to port, as markets and merchandises differ, by the help of strange and universal intelligence wherein some are so exquisite, so swift, and so exact, that a merchant sitting at home in his counting-house at once converses with all parts of the known world.
This money is very weighty, as forty byzas make a porters burden. As in receiving, so in paying money, a public weigher of money must be employed. The merchandises exported from Pegu are gold, silver, rubies, sapphires, spinels, great quantities of benzoin, long-pepper, lead, lac, rice, wine, and some sugar.
As they expect nothing in return for the merchandises they export but that in which they so much abound, and is of little use to them, the loss does not much affect them; they think therefore it would be too severe to revenge a loss attended with so little inconvenience either to their lives, or their subsistence, with the death of many persons; but if any of their people is either killed or wounded wrongfully, whether it be done by public authority or only by private men, as soon as they hear of it they send ambassadors, and demand that the guilty persons may be delivered up to them; and if that is denied, they declare war; but if it be complied with, the offenders are condemned either to death or slavery.
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