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importation¡¡but¡¡to¡¡raise¡¡a¡¡revenue¡¡for¡¡government£»¡¡I¡¡shall
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with¡¡a¡¡view¡¡to¡¡prevent£»¡¡or¡¡even¡¡to¡¡diminish¡¡importation£»¡¡are
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freedom¡¡of¡¡trade¡£
¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡CHAPTER¡¡III
Of¡¡the¡¡extraordinary¡¡Restraints¡¡upon¡¡the¡¡Importation¡¡of¡¡Goods¡¡of
almost¡¡all¡¡kinds¡¡from¡¡those¡¡Countries¡¡with¡¡which¡¡the¡¡Balance¡¡is
supposed¡¡to¡¡be¡¡disadvantageous¡¡
¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡PART¡¡I
Of¡¡the¡¡Unreasonableness¡¡of¡¡those¡¡Restraints¡¡even¡¡upon¡¡the
Principles¡¡of¡¡the¡¡Commercial¡¡System¡¡
¡¡¡¡¡¡¡¡¡¡TO¡¡lay¡¡extraordinary¡¡restraints¡¡upon¡¡the¡¡those¡¡particular
countries¡¡with¡¡which¡¡the¡¡importation¡¡of¡¡goods¡¡of¡¡almost¡¡all¡¡kinds
from¡¡balance¡¡of¡¡trade¡¡is¡¡supposed¡¡to¡¡be¡¡disadvantageous£»¡¡is¡¡the
second¡¡expedient¡¡by¡¡which¡¡the¡¡commercial¡¡system¡¡proposes¡¡to
increase¡¡the¡¡quantity¡¡of¡¡gold¡¡and¡¡silver¡£¡¡Thus¡¡in¡¡Great¡¡Britain£»
Silesia¡¡lawns¡¡may¡¡be¡¡imported¡¡for¡¡home¡¡consumption¡¡upon¡¡paying
certain¡¡duties¡£¡¡But¡¡French¡¡cambrics¡¡and¡¡lawns¡¡are¡¡prohibited¡¡to
be¡¡imported£»¡¡except¡¡into¡¡the¡¡port¡¡of¡¡London£»¡¡there¡¡to¡¡be
warehoused¡¡for¡¡exportation¡£¡¡Higher¡¡duties¡¡are¡¡imposed¡¡upon¡¡the
wines¡¡of¡¡France¡¡than¡¡upon¡¡those¡¡of¡¡Portugal£»¡¡or¡¡indeed¡¡of¡¡any
other¡¡country¡£¡¡By¡¡what¡¡is¡¡called¡¡the¡¡impost¡¡1692£»¡¡a¡¡duty¡¡of
five¡and¡twenty¡¡per¡¡cent¡¡of¡¡the¡¡rate¡¡or¡¡value¡¡was¡¡laid¡¡upon¡¡all
French¡¡goods£»¡¡while¡¡the¡¡goods¡¡of¡¡other¡¡nations¡¡were£»¡¡the¡¡greater
part¡¡of¡¡them£»¡¡subjected¡¡to¡¡much¡¡lighter¡¡duties£»¡¡seldom¡¡exceeding
five¡¡per¡¡cent¡£¡¡The¡¡wine£»¡¡brandy£»¡¡salt¡¡and¡¡vinegar¡¡of¡¡France¡¡were
indeed¡¡excepted£»¡¡these¡¡commodities¡¡being¡¡subjected¡¡to¡¡other¡¡heavy
duties£»¡¡either¡¡by¡¡other¡¡laws£»¡¡or¡¡by¡¡particular¡¡clauses¡¡of¡¡the
same¡¡law¡£¡¡In¡¡1696£»¡¡a¡¡second¡¡duty¡¡of¡¡twenty¡five¡¡per¡¡cent£»¡¡the
first¡¡not¡¡having¡¡been¡¡thought¡¡a¡¡sufficient¡¡discouragement£»¡¡was
imposed¡¡upon¡¡all¡¡French¡¡goods£»¡¡except¡¡brandy£»¡¡together¡¡with¡¡a¡¡new
duty¡¡of¡¡five¡and¡twenty¡¡pounds¡¡upon¡¡the¡¡ton¡¡of¡¡French¡¡wine£»¡¡and
another¡¡of¡¡fifteen¡¡pounds¡¡upon¡¡the¡¡ton¡¡of¡¡French¡¡vinegar¡£¡¡French
goods¡¡have¡¡never¡¡been¡¡omitted¡¡in¡¡any¡¡of¡¡those¡¡general¡¡subsidies£»
or¡¡duties¡¡of¡¡five¡¡per¡¡cent£»¡¡which¡¡have¡¡been¡¡imposed¡¡upon¡¡all£»¡¡or
the¡¡greater¡¡part¡¡of¡¡the¡¡goods¡¡enumerated¡¡in¡¡the¡¡book¡¡of¡¡rates¡£¡¡If
we¡¡count¡¡the¡¡one¡third¡¡and¡¡two¡third¡¡subsidies¡¡as¡¡making¡¡a
complete¡¡subsidy¡¡between¡¡them£»¡¡there¡¡have¡¡been¡¡five¡¡of¡¡these
general¡¡subsidies£»¡¡so¡¡that¡¡before¡¡the¡¡commencement¡¡of¡¡the¡¡present
war¡¡seventy¡five¡¡per¡¡cent¡¡may¡¡be¡¡considered¡¡as¡¡the¡¡lowest¡¡duty¡¡to
which¡¡the¡¡greater¡¡part¡¡of¡¡the¡¡goods¡¡of¡¡the¡¡growth£»¡¡produce£»¡¡or
manufacture¡¡of¡¡France¡¡were¡¡liable¡£¡¡But¡¡upon¡¡the¡¡greater¡¡part¡¡of
goods£»¡¡those¡¡duties¡¡are¡¡equivalent¡¡to¡¡a¡¡prohibition¡£¡¡The¡¡French
in¡¡their¡¡turn¡¡have£»¡¡I¡¡believe£»¡¡treated¡¡our¡¡goods¡¡and¡¡manufactures
just¡¡as¡¡hardly£»¡¡though¡¡I¡¡am¡¡not¡¡so¡¡well¡¡acquainted¡¡with¡¡the
particular¡¡hardships¡¡which¡¡they¡¡have¡¡imposed¡¡upon¡¡them¡£¡¡Those
mutual¡¡restraints¡¡have¡¡put¡¡an¡¡end¡¡to¡¡almost¡¡all¡¡fair¡¡commerce
between¡¡the¡¡two¡¡nations£»¡¡and¡¡smugglers¡¡are¡¡now¡¡the¡¡principal
importers£»¡¡either¡¡of¡¡British¡¡goods¡¡into¡¡France£»¡¡or¡¡of¡¡French
goods¡¡into¡¡Great¡¡Britain¡£¡¡The¡¡principles¡¡which¡¡I¡¡have¡¡been
examining¡¡in¡¡the¡¡foregoing¡¡chapter¡¡took¡¡their¡¡origin¡¡from¡¡private
interest¡¡and¡¡the¡¡spirit¡¡of¡¡monopoly£»¡¡those¡¡which¡¡I¡¡am¡¡going¡¡to
examine¡¡in¡¡this£»¡¡from¡¡national¡¡prejudice¡¡and¡¡animosity¡£¡¡They¡¡are£»
accordingly£»¡¡as¡¡might¡¡well¡¡be¡¡expected£»¡¡still¡¡more¡¡unreasonable¡£
They¡¡are¡¡so£»¡¡even¡¡upon¡¡the¡¡principles¡¡of¡¡the¡¡commercial¡¡system¡£
¡¡¡¡¡¡¡¡¡¡First£»¡¡though¡¡it¡¡were¡¡certain¡¡that¡¡in¡¡the¡¡case¡¡of¡¡a¡¡free
trade¡¡between¡¡France¡¡and¡¡England£»¡¡for¡¡example£»¡¡the¡¡balance¡¡would
be¡¡in¡¡favour¡¡of¡¡France£»¡¡it¡¡would¡¡by¡¡no¡¡means¡¡follow¡¡that¡¡such¡¡a
trade¡¡would¡¡be¡¡disadvantageous¡¡to¡¡England£»¡¡or¡¡that¡¡the¡¡general
balance¡¡of¡¡its¡¡whole¡¡trade¡¡would¡¡thereby¡¡be¡¡turned¡¡more¡¡against
it¡£¡¡If¡¡the¡¡wines¡¡of¡¡France¡¡are¡¡better¡¡and¡¡cheaper¡¡than¡¡those¡¡of
Portugal£»¡¡or¡¡its¡¡linens¡¡than¡¡those¡¡of¡¡Germany£»¡¡it¡¡would¡¡be¡¡more
advantageous¡¡for¡¡Great¡¡Britain¡¡to¡¡purchase¡¡both¡¡the¡¡wine¡¡and¡¡the
foreign¡¡linen¡¡which¡¡it¡¡had¡¡occasion¡¡for¡¡of¡¡France¡¡than¡¡of
Portugal¡¡and¡¡Germany¡£¡¡Though¡¡the¡¡value¡¡of¡¡the¡¡annual¡¡importations
from¡¡France¡¡would