'Collections of travels through Turky into Persia, and the East Indies. Giving an account of the present state of those countries, as also a full relation of the five years wars, between Aureng-Zebe and his brothers in their father's life time, about the succession. And a voyage made by the Great Mogul (Aureng-Zebe) with his Army from Dehli to Lahor, from Lahor to Bember, and from thence to the Kingdom of Kachemire, by the Mogols, call'd, the Paradise of the Indies. Together with a relation of the Kingdom of Japan and Tunkin, and of their particular manners and trade. To which is added a new description of the Grand Seignior's Seraglio, and also of all the Kingdoms that encompass the Euxine and Caspian Seas, being the travels of Monsieur TavernierBernier, and other great men.' [‎54] (1009/1024)

V
Observations nfon the
no more then fo much 5 The Prefident puts off the Tale 15 days longer,
more or lefs, as he pretends himfelf prefs'd to fell. In the mean time
he fends for the Merchants feveral times for a fliew, and at length, to
avoid fufpicion, and to difcharge himfelf, he asks the advice of the
Council, and as they approve, orders the delivery of the Goods to the
Merchant.
But though the Temptations be very great, to which thefe two Offi
cers are fubjed:, byreafonof their pow'r, their frequent opportunities,
and their diftance from their Superiours, the Company, befides their
being wary in their Eledion , may remedy thefe diforders by depriving
them of that pretence, which the Dutch Commanders and Breakers
have, of being conftrain’d to fell off prefently to the Merchants in grofs,
to avoid the expences of delay.
The Errour which the Hollanders commit in this refped is, That their
Officers befpeak every year upon Credit all the Goods which they have
occafion for in the Empire of the Mogul, according to the Orders which
they receive from Batavia,
The credit of this Advance cofts them fometimes twelve , fometimes
fifteen fer Cent ; lb that fo foon as their laden Veffels are arriv'd in the
the Port where they are to be fold, they are oblig’d to fell them prefently
off at the Merchants rate firft offer’d to their Broakers, to make up a
prefent flock to pay off their credit for the Goods befpoke for their Ships
to carry back again, and to get more credit for the next year. This is
that which cherifhes that confederacy between the Prefident,the Broaker
. and the Merchant, who makes advantage enough of this neceflity of
felling. ^ .
Whereas the better way were, for them that carry the fame Comnp-
dities which the Hollanders do, to carry Money alfo to pay theWolk-
men for the Goods befpoken for the next year. j
The Company making this advantage ffiall not be put to pay that
great Interefl of 12 and 15 fer Cent, : and befides, they ffiall have better
Goods, and better cheap. The Ships loading ffiall be ready before they
. arrive in Port • and being quick laden they may return before the bad
Seafon. Neither ffiall the Company be put to fell their Goods at a loyi r
price $ becaufe their Broakers will have time to flay for the coming of
Merchants from other parts 5 or elfe becaufe they have time enough to
fend them to other places, where they arefureof a quicker fale.
Obferve alfo, That it is far more profitable to carry to the Indies Gold
and Silver in Ingots, rather then ready coin’d 5 for being coin’d the
Money is valu’d only according to their Alloys 5 and there is always a
•defalcation made for the charge of Coinage.
The Breaker alfo, if he be diffionefl, may combine with the Mailer
of the Mogul's Mint, which is fettl’d in feveral parts of the Empire, and
put a lower value upon the Gold and Silver then it deferves, by telling
the Prefident and Council, that upon the touch it appears to be no more
worth.
But it is an eafie thing to avoid this deceit, provided the Prefident be
a perfon of credit and prudence, by fending for one of the Refiners of
Gold and Silver, that live in the Country, who perfe< 511 y underfland the
Touch of Metals, and to let him Effay the Gold and Silver before the
Breaker’s face.
This is that which the Sieur walkznton did for the Holland Company
• ' ' in