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Show [72] [ 73 l lnllance, matatz's mutmzdis, is equally applicable to the Cafe of Exportzztion. Hence it appears, that the Country favoured by the Prohibition and which Circumllance, the Quantity required {or Refiriction, gains as much thereby, as it would do, if the proportionate Tax were paid to it, upon taking 08‘ the Prohibition and Refitit‘lion; or, in other Words, the Profit which the one is hin‘ Home Cmgfizmprim is without Doubt purchaiEd Cheaper than it would be, it no more than [lint were imported into Grist/waBriz‘czfri, and of this Glut Porcigners, and PurchaiErs on Speculation Lilli), avail themlclvcs, Politics, :1 great deal (.JiltllcTobthCO get- hibition and Reiirlclion, is made by the other, in whofe favour they have been introduced. ting ht melate,the rigorousSealon hinders it's being re-{hipped for ionic hlonths,duringwhich, it is dc id on hand, and moreover gives galvantage to Buy- ers-a Lots to the Planter, which would be avoi- It hath been obierVe-l by a well-received Writer ded, it" the Tobacco could be immediately fent to it's proper Market. dered from making, in Coniequence of the Pro- on the Subject of Trade, that " a Prohibition ac- " knowledges the Commodities it is laid on, to be " good and cheap, otherwife it were needlefs, and " a Prohibition on the Goods of any one Nation, " gives a Monopoly to other Nations, that raile " the like."--- Again--" A Prohibition againfl: " any one Nation, makes other Nations, having " the like Commodities, take the Advantage and ‘-‘ raife their Price, 472d is therefore a Tax 1'." If a Prohibition, extending to one Nation only in favour of many, confers a Monopoly, and is The above quoted Author hath computed the Duties, Ertcilcs, 556. on Leather, at 50pm. Cent. and the Artilicial Value of a Bale of Eng/7]?) Cloth arifing from Taxes, Monopolies and ill-judged Laws at 51 per Cent. by which, he means that every Hundred Pounds \Vorth of that Species of Manufacture, includes in that Sum 5 I I. of Taxes. His Computation is, without Doubt, too low now, Taxes having been inereaied very confiderabl)r fince the Time in which he wrote. therefore a Tax; 3 Prohibition extending to all other Nations in favour of one, is indubitably {0. From Virginia and Jlfmylmzd are exported, com~ mmziéu: Alums, 90,000 Hogfheads of Tobacco to Great-Briizzz'a, of which it is fuppofed 60,000 are thence re-exported. But thefe Colonies not being permitted to fend their Tobacco immediateb to foreign Markets diflributiwb, in proportiOn to their Demands, the re-exported Tobacco pays double Freight, double Infurance, Commiffion and other Shipping Charges. The whole Quantity is, moreover, of Courle much depreciated; for going all to Great-Britain, the {elem-Market is overdone, by 1* Sir Manley; Drain". which {967" Cant. In the grofs Sum of the artificial Value, he computed the Amount g of the Taxes to be full - ~ - _ Monopolies and ill-judged Laws,)_ therefore i'tand at 3t 20 51 A Bale of Ezzglg'fl.) Cloth coiling - - - ,f 100 Includes an artificial Value of - - - - 51 M The artificial Value Tubil‘l'déh'kl,% leaves the natural Value . _ L 49 B st |