These two are not only, then, permanent, but augmenting causes for
our commerce; {156} they are causes that augment rapidly, and may,
with proper care, be carried to a great extent.
The superiority in the West India trade is so far of a permanent nature,
that France will never again be a formidable rival there. St. Domingo
is not only lost, but probably lost for ever, while it is expected that
Britain may retain her islands. This trade, then, may be set down as
permanent; that is to say, that there does not seem to be any immediate
cause for its decline; {157} and the government of this country is
sufficiently aware of consequences not to neglect taking every
precaution possible.
The East India trade does not, indeed, appear equally secure. There we
are powerfully rivalled by the Americans, and the merchants of other
countries; but, on the other hand, the demand for the produce of Asia
is augmenting rapidly all over the continent of Europe; so that perhaps
we may be able to maintain our ground, even though other nations
regain part of the trade they have lost.
To remain, then, in the situation in which we are, with respect to
---
{155} The great augmentation of fine fertile territory, in America, will
retard the progress of manufactures and commerce in that country, by
employing the capital and attention of the inhabitants on agriculture.
This may be the case for half a century, and, if England improves, the
circumstances may continue to operate in favour of British
manufactures for many centuries to come.
{156} The ports in the Black Sea add a new district to the commercial
world, which, in course of time, must greatly increase the demand for
such articles, as a civilized people consume. The fineness of the
climate and of the country will enable the inhabitants to gratify the
taste which civilization will bring along with it.
{157} It would be quite foreign to the end of this inquiry to examine
into the interior state of the West India islands, or as to their
continuing subject to Great Britain. This is entirely a political affair,
unconnected with commerce, though its effects on it would be
prodigious. [end of page #195]
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foreign trade, we must exert ourselves; those external causes that have
forced trade upon us, for these last fifteen years, being but of a
temporary nature.
In order to be more sensible of this necessity, let us consider a few
other circumstances.
The wealth of England, whi
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