Portal de Periódicos da CAPES

A Note on Thomas Mun's ‘England's Treasure by Forraign Trader’

1970; Wiley; Volume: 23; Issue: 3 Linguagem: Inglês

10.1111/j.1468-0289.1970.tb01040.x

1468-0289

Lynn Muchmore,

Scottish History and National Identity

The Economic History ReviewVolume 23, Issue 3 p. 498-503 A Note on Thomas Mun's 'England's Treasure by Forraign Trader' LYNN MUCHMORE, LYNN MUCHMORE Grinnell College, IowaSearch for more papers by this author LYNN MUCHMORE, LYNN MUCHMORE Grinnell College, IowaSearch for more papers by this author First published: December 1970 https://doi.org/10.1111/j.1468-0289.1970.tb01040.xAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onEmailFacebookTwitterLinkedInRedditWechat References 1 See, for example, Eric Roll, History of Economic Thought ( 3rd edn, Englewood Cliffs , N.J. , 1953), p. 58; M. Blaug, Economic Theory in Retrospect (Homewood, 1962), pp. 8 ff; Joseph Schumpeter, A History of Economic Analysis (New York, 1954), p. 356. Google Scholar 2 A summary of the discussion has been written by D. C. Coleman. See his 'Eli Heckscher and the Idea of Mercantilism', Scandinavian Economic History Review, V (1957), 3–25. Google Scholar 3 This connexion is widely recognized. See Schumpeter, op. cit. p. 256. Google Scholar 4 These met in 1564, 1576, 1586, and 1600. See Raymond de Roover, Gresham on Foreign Exchange ( Cambridge , 1949), passim. . Google Scholar 5 James I issued a patent to Arthur Gorges and Walter Cope to establish a network of clearing-houses which would replace overland specie transport. Their plan was borrowed from the operation of the state-sponsored "giro" banks of Italy and the Continent. See A. Gorges, A True Transcript and Publication of His Majesties Letters Patent for an Office to be Erected ( London , 1611). Google Scholar 6 Rice Vaughan, ' A Discourse of Coin and Coinage', in J. R. McCulloch, ed. Old and Scarce Tracts on Money (1856), p. 82; Barry E. Supple, 'Currency and Commerce in the Early Seventeenth Century', Economic History Review, 2nd ser. X (1957), 244. Google Scholar 1 K. N. Chaudhuri, 'The East India Company and the Export of Treasure in the Early Seventeenth Century', Econ. Hist. Rev. 2nd ser. XVI (1963), 24; J. D. Gould, 'The Royal Mint in the Early Seventeenth Century', Econ. Hist. Rev. 2nd ser. V (1952), 248. Google Scholar 2 B.M. Additional MS 10,113, fo. 152. Google Scholar 3 Gould, op. cit. p. 248. Google Scholar 4 Ibid. p. 242. Google Scholar 5 J. R. McCulloch, ed. Early English Tracts on Commerce (1856), p. 6. Google Scholar 6 Ibid. pp. 18 ff. Google Scholar 7 Ibid. pp. 14–16. Google Scholar 8 Ibid. pp. 41–7. Google Scholar 9 For example, ibid. pp. 1, 22. Google Scholar 10 de Roover, op. cit. pp. 260–1. Google Scholar 1 de Roover, op. cit. p. 43. Google Scholar 2 The most relevant documents are found in B.M. Add. MS 34, 324, fos. 169, 171–2. See B. E. Supple, 'Thomas Mun and the Commercial Crisis, 1623', Bulletin of the Institute of Historical Research, XXVII (1954), 91–4; J. D. Gould, 'The Trade Crisis of the Early 1620's and English Economic Thought', Journal of Economic History, XV (1955), 121–33. 10.1111/j.1468-2281.1954.tb01014.x Google Scholar 3 Calendar of State Papers, Colonial Series, East Indies, 1625–1629, p. 489. Google Scholar 4 Ibid. p. 491. Google Scholar 5 For more oblique evidence that England's Treasure was composed during this period, see J. D. Gould, 'The Date of England's Treasure by Forraign Trade', Jnl. Econ. Hist, XV (1955), 160–1. Google Scholar 1 England's Treasure by Forraign Trade (1664), p. 42. Google Scholar 2 Ibid. p. 43. Google Scholar 3 Ibid. pp. 145–6. Google Scholar 4 Ibid. Google Scholar 5 Sir Thomas Culpepper, Tract upon Usurie, in A Tract Against the High Rate of Usurie (1641), pp. 1–2. Google Scholar 1 K. N. Chaudhuri, The English East India Company (1965), pp. 112–13. Google Scholar 2 England's Treasure, p. 37. Google Scholar 3 Chaudhuri, Econ. Hist. Rev. 2nd ser. XVI (1963), 27. Google Scholar 4 England's Treasure, p. 37. Google Scholar 5 George Wilson, 'Thomas Mun and Specie Flows', Jnl. Econ. Hist, XVIII (1958), 62–3. Google Scholar 6 J. Viner, Studies in the Theory of International Trade ( New York , 1937), p. 17. It is interesting that on p. 20 Viner quotes again from Mun's work, this time to place him among the few writers who had "a broad concept of wealth and who used to signify wealth the same terms we use now". Google Scholar 7 England's Treasure, p. 165. Google Scholar Volume23, Issue3December 1970Pages 498-503 ReferencesRelatedInformation