42 RELIGION, COLONISING AND TRADE
a great number of poor, and to increase our decaying
trade.” 1
‘ England’s Treasure by Foreign Trade *> was by no
means taken up only with the Dutch challenge to
English trade. It was an able exposition of the
importance of foreign trade and of what Mun con-
ceived to be the true principles on which that trade
should be conducted. There was good common sense
in what he wrote. ‘The ordinary means therefore
to increase our wealth and treasure is by Foreign
Trade, wherein we must ever observe this rule, to sell
more to strangers yearly than we consume of theirs in
value ” 2; and, while he held that the English ought to
supply their own hemp, flax, cordage and tobacco, and
that there was advantage in exporting their products in
theit own ships, he was free-trader enough to write
‘ that the commetce ought to be free to strangers to
bring in and catty out at their pleasure,’ ® and also to
suggest that, in order to give employment to the poor,
manufactures made of foreign materials in England
should be exported customs free. The East India
Company, with which he was connected, stood in
1630 for trade only, as Sit Thomas Roe had advised.
‘ Let this be received as a tule,” he wrote home to the
Company in 1616, ‘ that, if you will profit, seek it at
sea, and in quiet trade ; for without controversy it is
an error to affect garrisons and land wars in India.’ 4
In this matter the Dutch were held up by Roe in the
same passage for a warning, not for an example. It
hath been also the error of the Dutch, who seek planta-
LP, 23. 2 Pp, 11. 3 Pp. 21.
\ The Embassy of Sir Thomas Roe, ut sup., vol. ii, p. 344.