"It is said, that in Holland Interest is lower than in England"

This quote by Dudley North is describing the difference in rates of interest between Holland and England. Interest rates are the quantity of money that a lender charges a customer for making use of their cash. In Holland, the rate of interest is lower than in England. This suggests that it is cheaper for individuals in Holland to obtain money than it is for people in England. This might be helpful for individuals in Holland who require to borrow money for various factors, such as to acquire a home or to begin a service.

The lower interest rate in Holland could also be beneficial for services in Holland. Lower interest rates suggest that services can borrow money at a cheaper rate, which can assist them to broaden and grow. This might lead to more tasks and financial development in Holland.

The lower interest rate in Holland could also be beneficial for the economy as a whole. Lower interest rates can cause increased investment, which can help to promote economic growth. This might cause more jobs and greater incomes for individuals in Holland.

In general, this quote by Dudley North is referring to the difference in rate of interest between Holland and England. The lower interest rate in Holland might be beneficial for people and organizations in Holland, in addition to the economy as a whole.