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         Smethwike, Thomas.
      
       
         
           1629
        
      
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         A12330
         STC 22645.5
         ESTC S3258
         33143236
         ocm 33143236
         28317
         
           
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             A motion to the East India Company by Thomas Smethwike (an adventurer with them) vpon the reasons following
             Smethwike, Thomas.
          
           1 sheet ([1] p.).
           
             s.n.],
             [London :
             Febr. 19, 1628 [i.e. 1629]
          
           
             Place of publication from STC (2nd ed.).
             Proposal to reduce the time ships delay in India waiting for return cargo.
             Reproduction of original in: Society of Antiquaries.
          
        
      
    
     
       
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         eng
      
       
         
           East India Company.
           Trading companies -- Great Britain -- Early works to 1800.
           Great Britain -- Commerce -- India.
           India -- Commerce -- Great Britain.
           Broadsides -- London (England) -- 17th century.
        
      
    
     
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           A
           motion
           to
           the
           
             East
             India
             Company
          
           by
           
             Thomas
             Smethwike
          
           (
           an
           Adventurer
           with
           them
           )
           vpon
           the
           reasons
           following
           .
        
         
           VVE
           haue
           now
           in
           
             India
          
           vpon
           the
           old
           stocks
           accompt
           and
           charge
           by
           the
           Committees
           owne
           shewing
           ,
           13
           good
           ships
           of
           5500
           tonns
           ,
           besides
           860
           tons
           of
           trading
           ships
           and
           certaine
           frigots
           ,
           &c.
           
        
         
           Whereof
           5
           of
           2200
           tons
           arrived
           there
           28
           months
           agoe
           ,
           5
           of
           2200
           tons
           15
           months
           agoe
           ,
           and
           3
           of
           1100
           tons
           may
           be
           arrived
           there
           about
           4
           months
           since
           .
        
         
           What
           should
           cause
           our
           ships
           to
           stay
           so
           long
           ,
           if
           there
           were
           stock
           to
           buy
           their
           lading
           ?
        
         
           Or
           how
           should
           they
           be
           reladen
           thence
           in
           due
           time
           ,
           if
           stock
           be
           wanting
           there
           ?
        
         
           All
           our
           Factors
           in
           their
           letters
           (
           both
           formerly
           and
           of
           late
           received
           )
           cry
           out
           amaine
           for
           want
           of
           stock
           to
           trade
           withall
           ,
           which
           hath
           maymed
           the
           trade
           ,
           And
           say
           ,
           they
           cannot
           dispatch
           the
           ships
           in
           due
           time
           ,
           without
           meanes
           aforehand
           ,
           and
           that
           200
           M.
           
             l
          
           more
           then
           they
           haue
           ,
           is
           little
           enough
           to
           dispatch
           the
           ships
           already
           there
           .
        
         
           5500
           tons
           in
           ordinary
           good
           wares
           ,
           (
           by
           the
           Comittees
           owne
           shewing
           )
           will
           cost
           there
           236
           M.
           l.
           
        
         
           By
           their
           shewing
           we
           haue
           in
           all
           
             India
          
           but
           90
           M.
           l.
           whereof
           60
           M.
           l.
           not
           yet
           knowne
           to
           be
           arrived
           .
        
         
           So
           (
           admitting
           all
           arrived
           )
           there
           wants
           to
           lade
           the
           ships
           already
           in
           
             India
          
           146
           M.
           l.
           
        
         
           This
           great
           vvant
           hath
           not
           hapned
           by
           any
           late
           disaster
           ,
           but
           is
           rather
           lessned
           by
           1200
           tons
           of
           shipping
           lately
           fired
           and
           laid
           vp
           there
           without
           any
           goods
           lost
           in
           them
           ,
           and
           by
           opening
           the
           trade
           of
           
             Bantam
          
           where
           pepper
           is
           cheape
           ,
           neither
           hath
           this
           want
           of
           stock
           beene
           vnknowne
           here
           ,
           for
           a
           yeere
           ,
           or
           two
           ,
           or
           more
           .
        
         
           It
           seemes
           the
           2
           ships
           now
           going
           for
           the
           old
           stocks
           accompt
           (
           of
           1600
           tonns
           )
           are
           not
           to
           carry
           much
           more
           then
           will
           relade
           them
           with
           good
           wares
           (
           though
           not
           diminished
           by
           charges
           of
           ships
           and
           Factors
           already
           there
           )
           and
           if
           we
           trade
           in
           course
           and
           bulky
           wares
           onely
           ,
           it
           is
           granted
           already
           we
           had
           better
           sit
           still
           .
        
         
           Nay
           vnlesse
           we
           send
           this
           yeere
           meanes
           aforehand
           to
           provide
           good
           lading
           for
           ships
           to
           goe
           hence
           the
           next
           yeere
           with
           fresh
           capitalls
           ,
           we
           shall
           still
           trade
           to
           losse
           .
        
         
           The
           sending
           of
           50
           or
           100
           M.
           l.
           this
           yeere
           aforehand
           (
           in
           all
           probability
           )
           will
           be
           as
           good
           as
           twise
           so
           much
           sent
           the
           next
           yeere
           ,
           and
           so
           from
           yeere
           to
           yeere
           ,
           And
           then
           halfe
           the
           treasure
           yeerely
           to
           be
           transported
           will
           serue
           the
           turne
           ;
           but
           sparingly
           sent
           ,
           and
           many
           ships
           there
           vpon
           charge
           ,
           it
           will
           be
           consumed
           before
           its
           arrivall
           .
        
         
           Our
           ships
           (
           now
           adaies
           )
           doe
           vsually
           stay
           18
           or
           20
           months
           too
           long
           in
           
             India
          
           to
           their
           Ruine
           ,
           and
           spending
           as
           much
           (
           brought
           a
           yeere
           or
           two
           after
           in
           other
           ships
           )
           as
           being
           sent
           aforehand
           might
           well
           buy
           and
           pay
           for
           their
           lading
           in
           due
           time
           ,
           and
           so
           returne
           strong
           .
           Yet
           our
           Factors
           continually
           owe
           there
           mnch
           money
           at
           a
           high
           ratc
           of
           interest
           .
        
         
           By
           sending
           meanes
           aforehand
           Merchantlike
           ,
           we
           may
           profit
           much
           by
           trading
           there
           from
           port
           to
           port
           ,
           and
           buy
           our
           wares
           at
           the
           best
           hand
           .
           We
           may
           avoid
           the
           great
           and
           needlesse
           charge
           of
           many
           great
           ships
           staying
           long
           in
           
             India
             ;
          
           of
           paying
           a
           high
           rate
           of
           interest
           there
           ,
           the
           losse
           of
           our
           Mariners
           ,
           the
           decay
           of
           our
           shipping
           ,
           and
           so
           their
           comming
           home
           in
           much
           danger
           .
           And
           then
           doubtlesse
           this
           trade
           may
           againe
           yeeld
           the
           Adventurers
           3
           for
           one
           every
           3
           yeeres
           (
           as
           vsually
           it
           did
           )
           by
           the
           blessing
           of
           God.
           Yea
           if
           examination
           be
           had
           ,
           it
           will
           appeare
           the
           returnes
           from
           
             India
          
           this
           yeere
           (
           vpon
           a
           reasonable
           fraight
           allovved
           )
           produce
           neere
           3
           for
           one
           vvithout
           help
           of
           stock
           aforehand
           ;
           and
           therefore
           very
           strange
           the
           old
           stock
           (
           so
           great
           and
           so
           long
           employed
           )
           should
           produce
           so
           dismall
           a
           reckoning
           as
           it
           doth
           .
        
         
           The
           motionis
           .
           That
           the
           next
           weeke
           may
           be
           appointed
           for
           the
           Company
           to
           parlee
           ,
           &
           consult
           together
           for
           the
           good
           of
           the
           trade
           in
           generall
           ,
           and
           of
           the
           old
           decayed
           stocke
           in
           particular
           .
           Such
           as
           are
           Adventurers
           in
           the
           old
           stocke
           ,
           and
           not
           in
           the
           new
           ,
           to
           meete
           by
           themselues
           ,
           and
           the
           new
           Adventurers
           by
           themselues
           .
           And
           then
           doubtlesse
           (
           mett
           together
           )
           they
           will
           agree
           vpon
           some
           good
           course
           to
           be
           taken
           that
           the
           Trade
           may
           be
           amplie
           mainteined
           ,
           and
           the
           Adventurers
           stocke
           not
           still
           runne
           (
           as
           long
           it
           hath
           )
           to
           perdition
           for
           want
           of
           meanes
           in
           
             India
          
           aforehand
           :
           And
           perhaps
           put
           an
           end
           to
           all
           the
           controversies
           that
           now
           are
           (
           and
           like
           to
           be
           )
           amongst
           the
           Company
           .
        
         
           
             
               FEBR.
               19.
               1628.
               
            
          
        
      
    
     
  

