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Edward Misselden


Edward Misselden (fl. 1608–1654) was an English merchant, and leading member of the writers in the Mercantilist group of economic thought. He argued that international movements of money and fluctuations in the exchange rate depended upon the international trade flows and not the manipulations of the bankers, which was the popular view at the time. He suggested that trading returns should be established for purposes of statistical analysis, so that the state could regulate trade with a view to obtaining export surpluses.

He was deputy-governor of the Merchant Adventurers' Company at Delft from 1623 until 1633. On his departure from England (October 1623) the East India Company invited him to act as one of their commissioners at Amsterdam to negotiate a private treaty with the Dutch; he had probably been employed by the Merchant Adventurers' Company in 1616 in a similar capacity. His fellow-commissioner was Robert Barlow, East India merchant. The negotiations, however, were fruitless, and the report of the Amboyna massacre made progress difficult.

In low health, Misselden returned to England, and presented to the company an account of the negotiations (3 November 1624). He returned to Delft at the end of November 1624, and during the next four years he was again employed by the East India Company in the Amboyna matter. He was also entrusted with the negotiations on behalf of the Merchant Adventurers' Company for a reduction of the duties on English cloth. Dudley Carleton, the English ambassador at the Hague, believed that he had been bribed by the Dutch, while the States-General, on the other hand, suspected him of compromising their interests by sending secret information to England, and confronted him (October 1628) with some of his letters. Missenden was aggrieved at his treatment, and declined to have anything further to do with the East India Company's affairs. His case was taken up by the privy council, and reparation was made (1628).


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