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The Date of England's Treasure by Forraign Trade
Published online by Cambridge University Press: 03 February 2011
Extract
Modern writers have usually dated die composition of Mun's work about the period 1630-1635. My article (pages 121-33 above) establishes diat much of die argument was the outcome of die trade crisis of 1620-1624, and die quotations and references there given prove that some of die most important sections of die work were first written, diough probably not as part of a book, during diat period. In addition, there are four pieces of internal evidence which help to date die complete work with some certainty.
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- Copyright © The Economic History Association 1955
References
1 See note 3 in my article.
2 It is interesting to examine with some care Mun's views on the foreign exchanges and the balance of trade as given in his early work, A Discourse of Trade (London, 1621), pp. 37 ff. The arguments there resemble those of the so-called “bullionist” school, rather than those later employed by Mun himself in 1623-24 and in England's Treasure. Except in so far as we are prepared to regard the earlier arguments—formulated in an avowedly tendentious work—as sophistical, the difference between the two provides a measure of the progress of Mun's thought on these matters during the period of the trade crisisGoogle Scholar.
3 Feavearyear, A. E., The Pound Sterling (Oxford, 1931), pp. 82–83.Google Scholar
4 Steele, R., Tudor and Stuart Proclamations 1483-1714 (Oxford, 1910), Vol. I, no. 1512;Google Scholar, Rymer and , Sanderson, Foedera, Conventiones, Utterae (London, 1704-35), Vol. XVIII, pp. 8960Google Scholar.
5 Cambium Regis (London, 1628), ch. 4.Google Scholar
6 PRO C. 667SOL;2440.
7 Journals of the House of Commons, I, 917–18.Google Scholar
8 See, for example, the dispatches of the Venetian Ambassador, PRO Cal.S.P.Ven, 1628-29, PP- 458-59; 527; 69.
9 Proclamation of the peace with Spain, and of resumption of trade, was made on 5 December, 1630 ( , steele, Proclamations, Vol. I, no. 1628)Google Scholar.
10 PRO S.P. 16/152/63.
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