John Hill looked at Mr. Charles in confusion, then took the manuscript he was writing before, and read it in a low voice: "Some gentlemen who have been engaged in trade for many years believe that this war with the Netherlands, which has lasted for a year and a half, has caused a large loss of England's wealth, because the coins in the vault were almost exhausted and the treasury was empty. If this continues, England will once again become an insignificant poor country. ▲∴,"

After reading this, John Hill's face became a little serious. It was obvious that he was in favor of these arguments, or at least partially agreed. He continued to read patiently: "I have no intention of arguing with them, because it would waste my precious academic research time, but I still want to point out that having a large amount of coins on hand is not the only feature of wealth. So, has England become rich or poor since this outbreak?"

"I think it's rich," Charles' manuscript reads: "First of all, we have captured more than a thousand Dutch ships of all sizes, but the losses are minimal. A considerable number of these ships may only be used as fishing boats, but there are still a large number of ships suitable for long-distance voyages. After passing the naval auction, these ships have flowed into the hands of the people (of course, the 'people' here obviously does not refer to the lower class people). The shipping industry has unprecedentedly sufficient capital, which is extremely important for the sustainable development of my country's trade in the future.

Benefit. Furthermore, when the fleet in the hands of merchants becomes larger and larger, the benefits for the navy are self-evident, because when a naval war breaks out again in the future, we will gather sailors more easily than we are now, because the number of crews has increased significantly; in addition, the development of shipbuilding and related industries will reduce the cost of placing new ships. This will be of great benefit to expand the size of the navy and merchant fleet. In this way, who can ignore the benefits of this war?"

"There is no doubt that the huge merchant fleet and the powerful navy are also a kind of wealth, a real wealth. In addition to these wealth, a large number of materials carried by Dutch merchant ships were intercepted by us and then entered the market again through auctions. This is also a huge wealth. And because Dutch goods were not transported out in time or sunk on the sea, my country's commodity exports increased significantly, which is even more a real wealth." John Hill's face became more and more serious, and his voice couldn't help but rise: "Why do some people ignore the large number of domestic products in the past two years?

The increasing number of gold and silver tableware in people's homes? Our people are now increasingly enjoying silver tableware, furniture made of high-end wood, houses decorated with statues and paintings, and exquisite clothing customs data. Even as the Dutch blocked the Mediterranean, our country still imported silk fabrics worth 62,000 pounds from Italy last year and gems from India worn by many people. Isn't this a real wealth? Is coins the only wealth in the mouths of some gentlemen? Please forgive me for not understanding."

"Because of the protracted war, the navy consumed a lot. Last year, the people of England paid a total of 1.651,702 pounds of tax. In addition, there was also a huge amount of assistance funds (this tax originated in the Middle Ages, and was originally a 'sponsorship' paid to the lord when the country was in trouble. Later, it spread to all the nobles and merchants. During the Republican government, it was still inevitable to pay such money). Even such a heavy tax burden still failed to put people's lives in extreme difficulties. Many people still lived and worked in peace and contentment, and the domestic population was slowly increasing. This can be estimated from the 'stove tax' that the domestic land prices did not rise, and the interest rate remained at a low level of 6%. Doesn't this mean that there are enough coins in the market and the wealth of the people is far from exhausted?" John

.Sheer's forehead was soaked with sweat. He just listened to him continue reading: "Think about the past, every war would cause great financial difficulties in the government, and the people's lives would become difficult, which would cause serious social turmoil. But now, since the outbreak of the trade war with the Netherlands, the navy fought bravely and achieved great results. The people of England also relied on their own hard work and trade wisdom to accumulate a large amount of wealth, and their lives were even more comfortable than before the war. What's more, unlike the Netherlands, the huge amount of materials consumed by the war and the personnel that needed to be hired were mostly raised in England, which was equivalent to leaving a large amount of coins in the country and promoting economic prosperity. It was completely different from the need for a lot of money abroad..."

After reading this, Captain John Hill seemed to understand some of Mr. Charles' meaning, and only heard him say, "Sir, as the government's envoy, I have no right to question it, but I still want to ask, are you advocating to fight this war firmly? Or do you think you should not accept the proposal of the Dutch peace negotiations and then completely defeat the Netherlands in order to obtain the best interests?"

"After or later, there will be peace talks with the Netherlands, but not now." Mr. Charles stood up from his seat, walked to Hill, and looked at him and said, "There are some stupid mercantilists in China who only recognize that coins are the only wealth, so they open their eyes and tell lies, believing that this war has made England poorer. On the contrary, England's gains from this war exceed their expenses. Coins are indeed wealth, but the expanded fleet is also wealth, and the vast number of

Materials and increasing industrial technology are even more wealth. Many people just don’t understand this. They think that Amsterdam’s wealth lies in countless coins in the vault. However, they don’t know that the knowledge and ability of the city of Amsterdam itself and its people are the most important source of wealth. Is the government burden of a million pounds now? I don’t think it’s much, we still have enough wealth to support us in fighting this war until we seize the greatest benefits.”

"This is what I have experienced since I have been visiting the East Coast for so long." Mr. Charles took the manuscript back from Hill and said while sorting it out: "Some of our stale ideas should be reformed, and at this point the East Coast pagans are undoubtedly on the right path. I have even admired them a little now, they spend a lot of money on seemingly useless education God, and they are even working to make a farmer's child go to school, although they have not yet done this; they are also spending a lot of money on innovation in industrial technology, their textile machines are already very advanced, but they are still investing in these years.

Jin improves design and manufacturing technology; their geographical location makes them unnecessary to maintain a huge fleet, but they still do so, even if hundreds of thousands of pounds of funds are spent every year to conduct frequent training; they also build roads, canals, ports, railways across the country, even though a considerable portion of these investments are at a loss; they are also carrying out agricultural revolutions across the country, please allow me to use the word revolution. The wasteland has been reclaimed, and grain production has grown steadily; they are even trying every means to increase the population, because they realize that this is one of the important components of the country's prosperity..."

"Dear John, please bring my manuscript back to London and hand it over to Mr. Thompson, hoping that the members of the parliament could touch it." Charles put the manuscript in a thick envelope purchased from the East Coast, and handed it to Hill's hands, and said solemnly: "The country should be alert. The development potential of this pagan country on the East Coast is extremely amazing. If it is not interrupted by external forces, they will not be long before they can develop it in fifty years, or maybe a hundred years,

Then it becomes a maritime power state that no one can ignore. I firmly believe that the country must make a countermeasure to this. In the past, this country was not famous in the old continent, but when the mystery veil shrouded on her head was removed, it would definitely surprise everyone, especially when this country still has strong hostility towards our country, I can feel this point that we must be even more vigilant, so as not to fall into a passive situation in the future and be at a loss."

"Well, I respect your opinion. But I want to go back to New England first, probably in the middle of next year, and you know, Mr. Robert Sedgwick is planning to attack New Netherlands (i.e., the Dutch North American colonies including New Amsterdam are under the jurisdiction of the West India Company). The business is very complicated, and I have to go back and handle it myself, otherwise many things will not be possible. After that, I will carry a whole ship of New England.

When the product arrived in London, by then, items including carbon steel cutters and letters would be delivered to their owners intact, unless my ship sank halfway. Thank you for your trust, I swear in the name of God that I will do my best to do this!" Captain John Hill said seriously. Mr. Charles's words aroused his patriotic enthusiasm, and he decided to do this for the sake of the country (and for his own future) and would never allow any mistakes.
Chapter completed!