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countries; and twice; after the conclusion of peace; brought to the



brink of ruin by free competition with foreigners; and thereby



admonished of the fact that under the present conditions of the



world every great nation must seek the guarantees of its continued



prosperity and independence; before all other things; in the



independent and uniform development of its own powers and



resources。



    Thus history shows that restrictions are not so much the



inventions of mere speculative minds; as the natural consequences



of the diversity of interests; and of the strivings of nations



after independence or overpowering ascendency; and thus of national



emulation and wars; and therefore that they cannot be dispensed



with until this conflict of national interests shall cease; in



other words until all nations can be united under one and the same



system of law。 Thus the question as to whether; and how; the



various nations can be brought into one united federation; and how



the decisions of law can be invoked in the place of military force



to determine the differences which arise between independent



nations; has to be solved concurrently with the question how



universal free trade can be established in the place of separate



national commercial systems。



    The attempts which have been made by single nations to



introduce freedom of trade in face of a nation which is predominant



in industry; wealth; and power; no less than distinguished for an



exclusive tariff system  as Portugal did in 1703; France in 1786;



North America in 1786 and 1816; Russia from 1815 till 1821; and as



Germany has done for centuries  go to show us that in this way



the prosperity of individual nations is sacrificed; without benefit



to mankind in general; solely for the enrichment of the predominant



manufacturing and commercial nation。 Switzerland (as we hope to



show in the sequel) constitutes an exception; which proves just as



much as it proves little for or against one or the other system。



    Colbert appears to us not to have been the inventor of that



system which the Italians have named after him; for; as we have



seen; it was fully elaborated by the English long before his time。



Colbert only put in practice what France; if she wished to fulfil



her destinies; was bound to carry out sooner or later。 If Colbert



is to be blamed at all; it can only be charged against him that he



attempted to put into force under a despotic government a system



which could subsist only after a fundamental reform of the



political conditions。 But against this reproach to Colbert's memory



it may very well be argued that; had his system been continued by



wise princes and sagacious ministers; it would in all probability



have removed by means of reforms all those hindrances which stood



in the way of progress in manufactures; agriculture; and trade; as



well as of national freedom; and France would then have undergone



no revolution; but rather; impelled along the path of development



by the reciprocating influences of industry and freedom; she might



for the last century and a half have been successfully competing



with England in manufactures; in the promotion of her internal



trade; in foreign commerce; and in colonisation; as well as in her



fisheries; her navigation; and her naval power。



    Finally; history teaches us how nations which have been endowed



by Nature with all resources which are requisite for the attainment



of the highest grade of wealth and power; may and must  without



on that account forfeiting the end in view  modify their systems



according to the measure of their own progress: in the first stage;



adopting free trade with more advanced nations as a means of



raising themselves from a state of barbarism; and of making



advances in agriculture; in the second stage; promoting the growth



of manufactures; fisheries; navigation; and foreign trade by means



of commercial restrictions; and in the last stage; after reaching



the highest degree of wealth and power; by gradually reverting to



the principle of free trade and of unrestricted competition in the



home as well as in foreign markets; that so their agriculturists;



manufacturers; and merchants may be preserved from indolence; and



stimulated to retain the supremacy which they have acquired。 In the



first stage; we see Spain; Portugal; and the Kingdom of Naples; in



the second; Germany and the United States of North America; France



apparently stands close upon the boundary line of the last stage;



but Great Britain alone at the present time has actually reached



it。









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