Book · 54 pages
A 1698 English political-economic pamphlet, addressed to a correspondent as "Sir", arguing against chartered joint-stock companies in trade, especially the companies set up for the linen manufacture in England and Ireland. The author holds that linen is a household industry best left to private individuals and that a company would harm the established woollen manufacture, raise spinners' wages, and discourage settlers in Ireland. He also considers how Irish trade affects England, claims England gains heavily from Ireland, and closes by urging a Council of Trade and criticizing stock-jobbing projects. It has no weaving drafts or technical weaving instructions.