Daily entries from the 17th century London diary
Sir Josiah Child, Merchant Economist
According to the Oxford DNB, Child (1631-1699) initially made his fortune in the 1650s as a brewer and victualler to the Navy. He demonstrated his administrative gifts in 1655 by insisting that sailors' wages not be paid until their ship put to sea again, therefore assuring that those who had disembarked would return for the next voyage. He was suspect among the royal crowd for having done so well under the Commonwealth.
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