Besides。loweringtheMoneymaynotlowerthePricesAbroad。For,aswhenMoneywasrais’d,Goodsmayhaveroseinproportion,orhavebeenmadeworse;Soasa100lib。aftertheMoneyislower’dwillhave33Crownsand1/6moreSilverinit,thana100lib。hadbefore;SoagreaterQuantityofGoodsmaybeboughtwitha100lib。thanbefore,ortheGoodsmaybemadebetter:EspeciallytheLinen—Cloth,sincetheMaterialwouldbeimportedforless。But,allowingthatuponthelowereingtheMoney,GoodssoldinScotlandasbefore,andweremadenobetter;AndallowingthatonThirdormoreoftheGoodsexported,couldnotberais’dintheirPricesAbroad;BecauseForreignersmightbeser’dcheaperwiththesamekindofgoodsfromotherplaces,ormightsupplytheuseofthemwithgoodsofanotherkind;ormightconsumelessofthem;yet,thatoughtnottohindersuchaRegulationoftheMoneyandExchange;foraDraw—backmightbegivenupontheExportofsuchGoods,whosepricesAbroadwerenotgreatenoughtoyieldareasonableProfit。
ButleastsuchanAlterationintheExchange,orundervaluingForraignMoney,shouldlessentheExportofGoods:Itmaynotbeadvisable,unlessaFundweregiven,outofwhichDraw—backsmightbepayedtoencourageExport,andanAdditionbemadetotheMoney,wherebythePeoplemaybesettoWork。ForwithoutsomeAdditiontotheMoney,tisnottobesuppos’dnextyearsExportcanbeequaltothelast:ItwilllessenasMoneyhaslessen’d;apartofthePeoplethenimploy’dbeingnowidle;norforwantofInclinationtowork,orforwantofImployers,butforwantofMoneytoimploythemwith。
Chapter3
OfthedifferentMeasurshavebeenusedtoPreserveandIncreaseMoney。AndofBanks。
TheMeasureshavebeenusedtopreserveandIncreaseMoney,haveinsomeCountriesbeenoppositetowhathasbeenusedinothers:AndoppositeMeasureshavebeenus’dinthesameCountries,withoutanydifferingCircumstancestooccasionthem。