Page:Mun - England's treasure by forraign trade.djvu/94

 the West Indies, hath the Fountain or Staple of money, which he moveth and causeth to run into Italy, Germany, and the Low Countreys, or other places where his occasions doe require it, either for Peace or War. Neither is this effected by any singular Power of the Exchange, but by divers wayes and means fitting those places where the money is to be employed. For if the use thereof be upon the confines of France to maintain a War there, then may it be safely sent in specie on Carriages by Land; if in Italy, on Gallies by Sea; if in the Low Countreys, on Shipping by Sea also, but yet with more danger, in regard of his potent enemies in that passage. Wherefore in this occasion, although the Exchange is not absolutely necessary, yet as it very useful. And because the Spaniards want of Commodities from Germany and the Low Countreys is greater in value than the Spanish Wares which are carried into those parts, therefore the King of Spain cannot be furnished there from his own subjects with money by exchange, but is and hath been a long time enforc'd to carry a great part of his treasure in Gallies for Italy, where the Italians, and amongst them the Merchants of Genoua especially, do take the same, and repay the value thereof in Flanders, whereunto they are enabled by their great trade with many rich commodities which they send continually out of Italy into those Countreys and the places thereabouts, from whence the Italians return no great value in wares, but deliver their money for the service of