He pointed out very graphically the straits to which a man is put who is possessed of real property enough, but in a time of pressure is unable to turn himself round for want of ready cash. "Then," says he, "all his creditors crowd to him as pigs do through a hole to a bean and pease rick." "Is it not a sad thing," he asks, "that a goldsmith's boy in Lombard Street, who gives notes for the monies handed him by the merchants, should take up more monies upon his notes in one day than two lords, four knights, and eight esquires in twelve months upon all their personal securities? We are, as it were, cutting off our legs and arms to see who will feed the trunk. But we cannot expect this from any of our neighbours abroad, whose interest depends upon our loss."
He therefore proposed his registry of property as a ready means of raising a credit for purposes of trade. Thus, he says, "I can both in England and Wales register my wedding, my burial, and my christening, and a poor parish clerk is entrusted with the keeping of the book; and that which is registered there is held good by our law. But I cannot register my lands, to be honest, to pay every man his own, to prevent those sad things that attend families for want thereof, and to have the great benefit and advantage that would come thereby. A register will quicken trade, and the land registered will be equal as cash in a man's hands, and the credit thereof will go and do in trade what ready money now doth." His idea was to raise money, when necessary, on the land registered, by giving security thereon after a form which he suggested. He would, in fact, have made land, as gold now is, the basis of an extended currency; and he rightly held that the value of land as a security must always be unexceptionable, and superior to any metallic basis that could possibly be devised.
This indefatigable man continued to urge his various designs upon the attention of the public until he was far advanced in years. He professed that he was moved to do so (and we believe him) solely by an ardent love for his country, "whose future flourishing," said he, "is the only reward I ever hope to see of all my labours." Yarranton, however, received but little thanks for his persistency, while he encountered many rebuffs. The public for the most part turned a deaf ear to his entreaties; and his writings proved of comparatively small avail, at least during his own lifetime. He experienced the lot of many patriots, even the purest—the suspicion and detraction of his contemporaries. His old political enemies do not seem to have forgotten him, of which we have the evidence in certain rare "broadsides" still extant, twitting him with the failure of his schemes, and even trumping up false charges of disloyalty against him.[19]
In 1681 he published the second part of 'England's Improvement,'[20] in which he gave a summary account of its then limited growths and manufactures, pointing out that England and Ireland were the only northern kingdoms remaining unimproved; he re-urged the benefits and necessity of a voluntary register of real property; pointed out a method of improving the Royal Navy, lessening the growing power of France, and establishing home fisheries; proposed the securing and fortifying of Tangier; described a plan for preventing fires in London, and reducing the charge for maintaining the Trained Bands; urged the formation of a harbour at Newhaven in Sussex; and, finally, discoursed at considerable length upon the tin, iron, linen, and woollen trades, setting forth various methods for their improvement. In this last section, after referring to the depression in the domestic tin trade (Cornish tin selling so low as 70s. the cwt.), he suggested a way of reviving it. With the Cornish tin he would combine "the Roman cinders and iron-stone in the Forest of Dean, which makes the best iron for most uses in the world, and works up to the best advantage, with delight and pleasure to the workmen." He then described the history of his own efforts to import the manufacture of tin-plates into England some sixteen years before, in which he had been thwarted by Chamberlaine's patent, as above described,—and offered sundry queries as to the utility of patents generally, which, says he, "have the tendency to drive trade out of the kingdom." Appended to the chapter on Tin is an exceedingly amusing dialogue between a tin-miner of Cornwall, an iron-miner of Dean Forest, and a traveller (himself). From this we gather that Yarranton's business continued to be that of an iron-manufacturer at his works at Ashley near Bewdley. Thus the iron-miner says, "About 28 years since Mr. Yarranton found out a vast quantity of Roman cinders, near the walls of the city of Worcester, from whence he and others carried away many thousand tons or loads up the river Severn, unto their iron-furnaces, to be melted down into iron, with a mixture of the Forest of Dean iron-stone; and within 100 yards of the walls of the city of Worcester there was dug up one of the hearths of the Roman foot-blasts, it being then firm and in order, and was 7 foot deep in the earth; and by the side of the work there was found a pot of Roman coin to the quantity of a peck, some of which was presented to Sir [Wm.] Dugdale, and part thereof is now in the King's Closet." [21]
In the same year (1681) in which the second part of 'England's Improvement' appeared, Yarranton proceeded to Dunkirk for the purpose of making a personal survey of that port, then belonging to England; and on his return he published a map of the town, harbour, and castle on the sea, with accompanying letterpress, in which he recommended, for the safety of British trade, the demolition of the fortifications of Dunkirk before they were completed, which he held would only be for the purpose of their being garrisoned by the French king. His 'Full Discovery of the First Presbyterian Sham Plot' was published in the same year; and from that time nothing further is known of Andrew Yarranton. His name and his writings have been alike nearly forgotten; and, though Bishop Watson declared of him that he deserved to have a statue erected to his memory as a great public benefactor, we do not know that he was so much as honoured with a tombstone; for we have been unable, after careful inquiry, to discover when and where he died.
Yarranton was a man whose views were far in advance of his age. The generation for whom he laboured and wrote were not ripe for their reception and realization; and his voice sounded among the people like that of one crying in the wilderness. But though his exhortations to industry and his large plans of national improvement failed to work themselves into realities in his own time, he broke the ground, he sowed the seed, and it may be that even at this day we are in some degree reaping the results of his labours. At all events, his books still live to show how wise and sagacious Andrew Yarranton was beyond his contemporaries as to the true methods of establishing upon solid foundations the industrial prosperity of England.
[1] PATRICK EDWARD DOVE, Elements of Political Science. Edinburgh, 1854.
[2] A copy of the entries in the parish register relating to the various members of the Yarranton family, kindly forwarded to us by the Rev. H. W. Cookes, rector of Astley, shows them to have resided in that parish for many generations. There were the Yarrantons of Yarranton, of Redstone, of Larford, of Brockenton, and of Longmore. With that disregard for orthography in proper names which prevailed some three hundred years since, they are indifferently designated as Yarran, Yarranton, and Yarrington. The name was most probably derived from two farms named Great and Little Yarranton, or Yarran (originally Yarhampton), situated in the parish of Astley. The Yarrantons frequently filled local offices in that parish, and we find several of them officiating at different periods as bailiffs of Bewdley.
[3] Journals of the House of Commons, 1st July, 1648.
[4] YARRANTON'S England's Improvement by Sea and Land. Part I. London, 1677.