...diminution of the naval power of Holland, the only naval power which could endanger the fecurity of England. THE act of navigation is not favourable to foreign...commerce, or to the growth of that opulence which can arife from it. The intereft of a nation in its commercial relations to foreign nations nations is,...

...diminution of the naval power of Holland, the only naval power which could endanger the fecurity of England. THE act of navigation is not favourable to foreign...commerce, or to the growth of that opulence which can arife from it. The intereft of 3 nation in its commercial relations to foreign nations is, like that...

...the only fifliing ftate in Europe. The Act of Navigation, however, a learned writer obferves -)~, " is not favourable to foreign commerce, or to " the growth of that opulence which can arife from it, " The intereft of a nation in its commercial relations to " foreign nations, is like...

...only naval power which could endanger the fecurity of England. The act of navigation is not favorable to foreign commerce , or to the growth of that opulence which can arife from it. The intereft of a nation in its commercial relations to foreign nations is , like that...

...all the commercial regulations 'of England," although he considered that it was ' not favour ' able to foreign commerce, or to the growth of that opulence ' which can arise from it.'* This argument was somewhat weakened by the provision of a regular establishment for the Royal Navy,...

...trades, which receives encouragement from the navigation laws. For, as Dr. Smith has well remarked, " the act of navigation is not favourable to foreign...of a nation in its commercial relations to foreign. na-« tions is, like that of a merchant with regard to the different people with whom he deals, to...

...favourable to foreign commerce, or to the growth of that opulence which can arife from it. The intereft of a nation in its commercial relations to foreign...to the different people with whom he deals, to buy 4 as as cheap and to fell as dear as poffible. But it c HA P. will be moft likely to buy cheap, when...

...the naval power of Holland, the only naval power which could endanger the fecurity of England. -v?ji The act of navigation is not favourable to foreign...commerce, or to the growth of that opulence which can arife from it. The intereft of a nation in its commercial relations to foreign nations is, like that...

...diminution of the naval power of Holland, the only naval power which could endanger the fecurity of England. The act of navigation is not favourable to foreign commerce, or to the growth of that opu lence which can arife from it. The intereft of a nation in its commercial relations to foreign...

...diminution of the naval power of Holland, the only naval power which could endanger the security of England. The Act of Navigation is not favourable to foreign...the growth of that opulence which can arise from it. As defence, however, is of much more value than opulence, the Act of Navigation is perhaps the wisest...