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to sell very cheap。 This; however; till within these few years;

had always been the policy of Spain; and the price of all

European goods; accordingly; is said to have been enormous in the

Spanish West Indies。 At Quito; we are told by Ulloa; a pound of

iron sold for about four and sixpence; and a pound of steel for

about six and ninepence sterling。 But it is chiefly in order to

purchase European goods that the colonies part with their own

produce。 The more; therefore; they pay for the one; the less they

really get for the other; and the dearness of the one is the same

thing with the cheapness of the other。 The policy of Portugal is

in this respect the same as the ancient policy of Spain with

regard to all its colonies; except Fernambuco and Marannon; and

with regard to these it has lately adopted a still worse。

     Other nations leave the trade of their colonies free to all

their subjects who may carry it on from all the different ports

of the mother country; and who have occasion for no other licence

than the common despatches of the custom…house。 In this case the

number and dispersed situation of the different traders renders

it impossible for them to enter into any general combination; and

their competition is sufficient to hinder them from making very

exorbitant profits。 Under so liberal a policy the colonies are

enabled both to sell their own produce and to buy the goods of

Europe at a reasonable price。 But since the dissolution of the

Plymouth Company; when our colonies were but in their infancy;

this has always been the policy of England。 It has generally;

too; been that of France; and has been uniformly so since the

dissolution of what; in England; is commonly called their

Mississippi Company。 The profits of the trade; therefore; which

France and England carry on with their colonies; though no doubt

somewhat higher than if the competition was free to all other

nations; are; however; by no means exorbitant; and the price of

European goods accordingly is not extravagantly high in the

greater part of the colonies of either of those nations。

     In the exportation of their own surplus produce too; it is

only with regard to certain commodities that the colonies of

Great Britain are confined to the market of the mother country。

These commodities having been enumerated in the Act of Navigation

and in some other subsequent acts; have upon that account been

called enumerated commodities。 The rest are called

non…enumerated; and may be exported directly to other countries

provided it is in British or Plantation ships; of which the

owners and three…fourths of the mariners are British subjects。

     Among the non…enumerated commodities are some of the most

important productions of America and the West Indies; grain of

all sorts; lumber; salt provisions; fish; sugar and rum。

     Grain is naturally the first and principal object of the

culture of all new colonies。 By allowing them a very extensive

market for it; the law encourages them to extend this culture

much beyond the consumption of a thinly inhabited country; and

thus to provide beforehand an ample subsistence for a continually

increasing population。

     In a country quite covered with wood; where timber

consequently is of little or no value; the expense of clearing

the ground is the principal obstacle to improvement。 By allowing

the colonies a very extensive market for their lumber; the law

endeavours to facilitate improvement by raising the price of a

commodity which would otherwise be of little value; and thereby

enabling them to make some profit of what would otherwise be a

mere expense。

     In a country neither half…peopled nor half…cultivated;

cattle naturally multiply beyond the consumption of the

inhabitants; and are often upon that account of little or no

value。 But it is necessary; it has already been shown; that the

price of cattle should bear a certain proportion to that of corn

before the greater part of the lands of any country can be

improved。 By allowing to American cattle; in all shapes; dead or

alive; a very extensive market; the law endeavors to raise the

value of a commodity of which the high price is so very essential

to improvement。 The good effects of this liberty; however; must

be somewhat diminished by the 4th of George III; c。 15; which

puts hides and skins among the enumerated commodities; and

thereby tends to reduce the value of American cattle。

     To increase the shipping and naval power of Great Britain;

by the extension of the fisheries of our colonies; is an object

which the legislature seems to have had almost constantly in

view。 Those fisheries; upon this account; have had all the

encouragement which freedom can give them; and they have

flourished accordingly。 The New England fishery in particular

was; before the late disturbances; one of the most important;

perhaps; in the world。 The whale…fishery which; notwithstanding

an extravagant bounty; is in Great Britain carried on to so

little purpose that in the opinion of many people (which I do

not; however; pretend to warrant) the whole produce does not much

exceed the value of the bounties which are annually paid for it;

is in New England carried on without any bounty to a very great

extent。 Fish is one of the principal articles with which the

North Americans trade to Spain; Portugal; and the Mediterranean。

     Sugar was originally an enumerated commodity which could be

exported only to Great Britain。 But in 1731; upon a

representation of the sugar…planters; its exportation was

permitted to all parts of the world。 The restrictions; however;

with which this liberty was granted; joined to the high price of

sugar in Great Britain; have rendered it; in a great measure;

ineffectual。 Great Britain and her colonies still continue to be

almost the sole market for all the sugar produced in the British

plantations。 Their consumption increases so fast that; though in

consequence of the increasing improvement of Jamaica; as well as

of the Ceded Islands; the importation of sugar has increased very

greatly within these twenty years; the exportation to foreign

countries is said to be not much greater than before。

     Rum is a very important article in the trade which the

Americans carry on to the coast of Africa; from which they bring

back negro slaves in return。

     If the whole surplus produce of America in grain of all

sorts; in salt provisions and in fish; had been put into the

enumeration; and thereby forced into the market of Great Britain;

it would have interfered too much with the produce of the

industry of our own people。 It was probably not so much from any

regard to the interest of America as from a jealousy of this

interference that those important commodities have not only been

kept out of the enumeration; but that the importation into Great

Britain of all grain; except rice; and of salt provisions; has;

in the ordinary state of the law; been prohibited。

     The non…enumerated commodities could originally be exported

to all parts of the world。 Lumber and rice; having been once put

into the enumeration; when they were afterwards taken out of it;

were confined; as to the European market; to the countries that

lie south of Cape Finisterre。 By the 6th of George III; c。 52;

all non…enumerated commodities were subjected to the like

restriction。 The parts of Europe which lie south of Cape

Finisterre are not manufacturing countries; and we were less

jealous of the colony ships carrying home from them any

manufactures which could interfere with our own。

     The enumerated commodities are of two sorts: first; such as

are either the peculiar produce of America; or as cannot be

produced; or at least are not produced; in the mother country。 Of

this kind are molasses; coffee; cocoa…nuts; tobacco; pimento;

ginger; whalefins; raw silk; cotton…wool; beaver; and other

peltry of America; indigo; fustic; and other dyeing woods;

secondly; such as are not the peculiar produce of America; but

which are and may be produced in the mother country; though not

in such quantities as to supply the greater part of her demand;

which is principally supplied from foreign countries。 Of this

kind are all naval stores; masts; yards; and bowsprits; tar;

pitch; and turpentine; pig and bar iron; copper ore; hides and

skins; pot and pearl ashes。 The largest importation of

commodities of the first kind could not discourage the growth or

interfere with the sale of any part of the produce of the mother

country。 By confining them to the home market; our merchants; it

was expected; would not only be enabled to buy them cheaper in

the plantations; and consequently to sell them with a better

profit at home; but to establish between the plantations and

foreign countries an advantageous carrying trade; of which Great

Britain was necessarily to be the centre or emporium; as the

European country into which those commodities were first to be

imported。 The importation of commodities of the second kind might

be so managed too; it was supposed; as to interfere; not w

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