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Dudley North QUOTES / QUOTATIONS
And those are the Rich, who transmit what they have to their Posterity; whereby particular Families become rich; and of such are compounded Cities, Countries, Nations, etc.
Quotation of Dudley North
Commerce and Trade, as hath been said, first springs from the Labour of Man, but as the Stock increases, it dilates more and more.
Quotation of Dudley North
For when Money grows up to a greater quantity than Commerce requires, it comes to be of no greater value, than uncoyned Silver, and will occasionally be melted down again.
Quotation of Dudley North
If any man, out of an humour, should turn all his Estate into Money, and keep it dead, he would soon be sensible of Poverty growing upon him, whilst he is eating out of the quick stock.
Quotation of Dudley North
In process of time, if the People apply themselves industriously, they will not only be supplied, but advance to a great overplus of Forreign Goods, which improv'd, will enlarge their Trade.
Quotation of Dudley North
It is said, that in Holland Interest is lower than in England.
Quotation of Dudley North
It may be said, let him take Money at Interest, and not buy at Time. But then Men must be found, that will lend; the Legislative must provide a Fund to borrow upon.
Quotation of Dudley North
It will be objected, That the Home Trade signifies nothing to the enriching a Nation, and that the increase of Wealth comes out of Forreign Trade.
Quotation of Dudley North
Many Men of great Estates, keep by them for State and Honour, great Quantities of Plate, Jewels, etc. which certainly they will be more inclin'd to do, when Interest is very low, than when it is high.
Quotation of Dudley North
Mettals are very necessary for many Uses, and are to be reckon'd among the Fruits and Manufactories of the World.
Quotation of Dudley North
No Man is richer for having his Estate all in Money, Plate, etc. lying by him, but on the contrary, he is for that reason the poorer.
Quotation of Dudley North
Nor in truth, can Forreign Trade subsist without the Home Trade, both being connected together.
Quotation of Dudley North
One rich Man hath Lands, not only more than he can manage, but so much, that letting them out to others, he is supplied with a large over-plus, so needs no farther care.
Quotation of Dudley North
Silver and Gold, like other commodities, have their ebbings and flowings: Upon the arrival of Quantities from Spain, the Mint commonly gives the best price; that is, coyned Silver, for uncoyned Silver, weight for weight.
Quotation of Dudley North
So that an active prudent Nation groweth rich, and the sluggish Drones grow poor; and there cannot be any Policy other than this, which being introduc'd and practis'd, shall avail to increase Trade and Riches.
Quotation of Dudley North
So that it cannot be denied, but the lowering of Interest may, and probably will keep some Money from coming abroad into Trade; whereas on the contrary, high Interest certainly brings it out.
Quotation of Dudley North
The borrowing of Money of one, to pay another, call'd, Robbing of Peter to pay Paul, so much practis'd now-a-days, makes us think the Nation far richer than it is.
Quotation of Dudley North
The Question to be considered is, Whether the Government have reason by a Law, to prohibit the taking more than 4 l. per cent Interest for Money lent, or to leave the Borrower and Lender to make their own Bargains.
Quotation of Dudley North
The Trade of setting out Ships, runs very much upon this course, wherein it is usual to Bum'em (as they call it) at 36 per cent.
Quotation of Dudley North
There is great fear, that if clipt Money be not taken, there will be no Money at all.
Quotation of Dudley North
Trade is nothing else but a Commutation of Superfluities; for instance: I give mine, what I can spare, for somewhat of yours, which I want, and you can spare.
Quotation of Dudley North