Note 337 — Chapter I · THE NEW RURAL ECONOMY

For a description of “The Exchange and What It is,” see T. Wilson, Discourse upon Usurie (1584): his remark, “The second kind of bill ... may be called sicke and dry exchange, and is practised where one doth borrowe money abroad ... not meaning to make any real payment abroad, but compoundeth with the exchange to have it returned again," illustrates what is said above. See also Camden Society, Dialogue or Confabulation of Two Travellers (1580): “The said Hans had provided £10,000 for the Prince of Condy upon five in the 100 at interest, and if I would have the like he would help me unto it. Then I ... pondered what benefit it would be to me to let it out again at ten in the hundred to some nobleman in England.” Down to about 1560 at any rate the English Government was constantly in the hands of foreign capitalists. See Gairdner, L. and P. Henry VIII., and Burgon’s Life of Gresham.