Online Encyclopedia

SIR MATTHEW DECKER

Online Encyclopedia
Originally appearing in Volume V07, Page 913 of the 1911 Encyclopedia Britannica.
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SIR MATTHEW DECKER  , Bart . (1679-1749),
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English merchant and writer on trade, was born in Amsterdam in 1699 . He came to
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London in 1702 and established himself there as a merchant . He was remarkably successful in his business
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life, gaining
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great
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wealth and having many honours conferred upon him . He was a director of the East India
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Company, sat in parliament for' four years as member for Bishops Castle, and was high
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sheriff of Surrey in 1729 . He was created a
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baronet by George I. in 1716 . Decker's. fame as a writer on trade rests on two tracts . The first, Serious considerations on the several high duties which the Nation in general, as well as Trade in particular, labours under, with a proposal for preventing the removal of goods, discharging the trader from any search, and raising all the Publick Supplies by one single Tax (1743; name affixed to 7th edition, 1756), proposed to do away with customs duties and substitute a tax upon houses . He also suggested taking the duty off tea .and putting instead a licence duty on households wishing to consume it . The second, an Essay on the Causes of the Decline of the
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Foreign Trade, consequently of the value of the lands in Britain, and on the means to restore both (1744), has been attributed to W . Richardson, but
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internal evidence is strongly in favour of Decker's authorship . He advocates the licence plan in an extended form; urges the repeal of import duties and the abolition of bounties, and, in general, shows himself such a strong supporter of the
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doctrine of
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free trade as to rank as one of the most important forerunners of Adam Smith .

Decker died on the 18th of

March 1749 .

End of Article: SIR MATTHEW DECKER
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