359 



** own account, by wholefale, and retail, for ready money.* (This is 

 " not altogether the cafe, with the woollen warehoufe ; as it is now 

 " regulated, it is a depot for the goods of the manufafturers, of which 

 " the Dublin Society pays the rent, together with the falaries and 

 " wages of clerks, and other fervants. But the principle is the fame,) 

 " the intent of thefe inftitutions, (fays Toimg) is, to take the weavers 

 " out of the hands of drapers and mercers, and let their manufafturcs 

 " come to market, without the deduftion of the fliop-keeper's profit. 

 " One effeft of this, is the taking the ready money, which is the moil 

 " profitable part of their cuftom, from the draper and mercer, 

 " which, in faft, is laying a heavy tax on them. Now, it mud ap- 

 " pear a (Irange mode of encouraging a manufacture, to lay a heavy 

 " tax on the mafter manufafturers. 



" All taxes, laid on a tradefman, in confequence of his trade, muft: 

 " be drawn back from his cuftomers. The eifeiH of this will be hke 

 " that of any other tax, to enhance the price, and lefTen the con- 

 " fumption. The tax is equal to the profit, the mafter manufa<Surer or 

 " {hop-keeper could have made, by turning the fums, for which he 

 " gives credit to his cuftomers. To reimburfe himfelf, as I have faid, 

 " he raifes the price of his goods, to thofe who buy on credit, who, 

 " by means of the inftitution in quefton, become his only cuftomers, 

 " for the home manufadures ; but, the greater the price, the lefs the 

 " confumption ; thus, the general confumption of the manufaflures of 

 " the country is leffened, to let the ready money dealer have his goods 

 " a little eheaper." 



Mafter manufafturers, with that vigorous attention, aftivity, Ikill, and 

 invention, which are the refult of profitable bufinefs ; are in every coun- 

 try, the foul of profperous fabricks. Their profit aniraales them to 

 fpirited exertions, on which the advance of manufaftures depends. — 

 Where are the men of tafte to invent, of quicknefs and fagacity, to 

 mark and follow the caprice of faihion ? — Can we find them, among 



the 



• This is uot accurately the hS.. 



