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ire¡¡was¡¡at¡¡its¡¡height£»¡¡and¡¡had¡¡received¡¡its¡¡whole¡¡extension¡£

The¡¡Romans¡¡and¡¡Parthians¡¡were¡¡two¡¡rival¡¡nations£»¡¡that¡¡fought¡¡not¡¡for¡¡dominion¡¡but¡¡for¡¡their¡¡very¡¡existence¡£¡¡Between¡¡the¡¡two¡¡empires¡¡deserts¡¡were¡¡formed¡¡and¡¡armies¡¡were¡¡always¡¡stationed¡¡on¡¡the¡¡frontiers£»¡¡so¡¡that¡¡instead¡¡of¡¡there¡¡being¡¡any¡¡commerce£»¡¡there¡¡was¡¡not¡¡so¡¡much¡¡as¡¡communication¡¡between¡¡them¡£¡¡Ambition£»¡¡jealousy£»¡¡religion£»¡¡national¡¡antipathy£»¡¡and¡¡difference¡¡of¡¡manners¡¡completed¡¡the¡¡separation¡£¡¡Thus¡¡the¡¡trade¡¡from¡¡east¡¡to¡¡west£»¡¡which¡¡had¡¡formerly¡¡so¡¡many¡¡channels£»¡¡was¡¡reduced¡¡to¡¡one£»¡¡and¡¡Alexandria¡¡becoming¡¡the¡¡only¡¡staple£»¡¡the¡¡trade¡¡to¡¡this¡¡city¡¡was¡¡immensely¡¡enlarged¡£

We¡¡shall¡¡say¡¡but¡¡one¡¡word¡¡of¡¡their¡¡inland¡¡trade¡£¡¡Its¡¡principal¡¡branch¡¡was¡¡the¡¡corn¡¡brought¡¡to¡¡Rome¡¡for¡¡the¡¡subsistence¡¡of¡¡the¡¡people£»¡¡but¡¡this¡¡was¡¡rather¡¡a¡¡political¡¡affair¡¡than¡¡a¡¡point¡¡of¡¡commerce¡£¡¡On¡¡this¡¡account¡¡the¡¡sailors¡¡were¡¡favoured¡¡with¡¡some¡¡privileges£»¡¡because¡¡the¡¡safety¡¡of¡¡the¡¡empire¡¡depended¡¡on¡¡their¡¡vigilance¡££§128£§

17¡£¡¡Of¡¡Commerce¡¡after¡¡the¡¡Destruction¡¡of¡¡the¡¡Western¡¡Empire¡£¡¡After¡¡the¡¡invasion¡¡of¡¡the¡¡Roman¡¡empire¡¡one¡¡effect¡¡of¡¡the¡¡general¡¡calamity¡¡was¡¡the¡¡destruction¡¡of¡¡commerce¡£¡¡The¡¡barbarous¡¡nations¡¡at¡¡first¡¡regarded¡¡it¡¡only¡¡as¡¡an¡¡opportunity¡¡for¡¡robbery£»¡¡and¡¡when¡¡they¡¡had¡¡subdued¡¡the¡¡Romans£»¡¡they¡¡honoured¡¡it¡¡no¡¡more¡¡than¡¡agriculture£»¡¡and¡¡the¡¡other¡¡professions¡¡of¡¡a¡¡conquered¡¡people¡£

Soon¡¡was¡¡the¡¡commerce¡¡of¡¡Europe¡¡almost¡¡entirely¡¡lost¡£¡¡The¡¡nobility£»¡¡who¡¡had¡¡everywhere¡¡the¡¡direction¡¡of¡¡affairs£»¡¡were¡¡in¡¡no¡¡pain¡¡about¡¡it¡£

The¡¡laws¡¡of¡¡the¡¡Visigoths£§129£§¡¡permitted¡¡private¡¡people¡¡to¡¡occupy¡¡half¡¡the¡¡beds¡¡of¡¡great¡¡rivers£»¡¡provided¡¡the¡¡other¡¡half¡¡remained¡¡free¡¡for¡¡nets¡¡and¡¡boats¡£¡¡There¡¡must¡¡have¡¡been¡¡very¡¡little¡¡trade¡¡in¡¡countries¡¡conquered¡¡by¡¡these¡¡barbarians¡£

In¡¡those¡¡times¡¡were¡¡established¡¡the¡¡ridiculous¡¡rights¡¡of¡¡escheatage¡¡and¡¡shipwrecks¡£¡¡These¡¡men¡¡thought¡¡that£»¡¡as¡¡strangers¡¡were¡¡not¡¡united¡¡to¡¡them¡¡by¡¡any¡¡civil¡¡law£»¡¡they¡¡owed¡¡them¡¡on¡¡the¡¡one¡¡hand¡¡no¡¡kind¡¡of¡¡justice£»¡¡and¡¡on¡¡the¡¡other¡¡no¡¡sort¡¡of¡¡pity¡£

In¡¡the¡¡narrow¡¡bounds¡¡which¡¡nature¡¡had¡¡originally¡¡prescribed¡¡to¡¡the¡¡people¡¡of¡¡the¡¡north£»¡¡all¡¡were¡¡strangers¡¡to¡¡them£º¡¡and¡¡in¡¡their¡¡poverty¡¡they¡¡regarded¡¡all¡¡only¡¡as¡¡contributing¡¡to¡¡their¡¡riches¡£¡¡Being¡¡established£»¡¡before¡¡their¡¡conquest£»¡¡on¡¡the¡¡coasts¡¡of¡¡a¡¡sea¡¡of¡¡very¡¡little¡¡breadth£»¡¡and¡¡full¡¡of¡¡rocks£»¡¡from¡¡these¡¡very¡¡rocks¡¡they¡¡drew¡¡their¡¡subsistence¡£

But¡¡the¡¡Romans£»¡¡who¡¡made¡¡laws¡¡for¡¡all¡¡the¡¡world£»¡¡had¡¡established¡¡the¡¡most¡¡humane¡¡ones¡¡with¡¡regard¡¡to¡¡shipwrecks¡££§130£§¡¡They¡¡suppressed¡¡the¡¡rapine¡¡of¡¡those¡¡who¡¡inhabited¡¡the¡¡coasts£»¡¡and¡¡what¡¡was¡¡more¡¡still£»¡¡the¡¡rapacity¡¡of¡¡their¡¡treasuries¡££§131£§

18¡£¡¡A¡¡particular¡¡Regulation¡£¡¡The¡¡law¡¡of¡¡the¡¡Visigoths¡¡made£»¡¡however£»¡¡one¡¡regulation¡¡in¡¡favour¡¡of¡¡commerce¡££§132£§¡¡It¡¡ordained¡¡that¡¡foreign¡¡merchants¡¡should¡¡be¡¡judged£»¡¡in¡¡the¡¡differences¡¡that¡¡arose¡¡among¡¡themselves£»¡¡by¡¡the¡¡laws¡¡and¡¡by¡¡judges¡¡of¡¡their¡¡own¡¡nation¡£¡¡This¡¡was¡¡founded¡¡on¡¡an¡¡established¡¡custom¡¡among¡¡all¡¡mixed¡¡people£»¡¡that¡¡every¡¡man¡¡should¡¡live¡¡under¡¡his¡¡own¡¡law¡¡¡¡a¡¡custom¡¡of¡¡which¡¡I¡¡shall¡¡speak¡¡more¡¡at¡¡large¡¡in¡¡another¡¡place¡£

19¡£¡¡Of¡¡Commerce¡¡after¡¡the¡¡Decay¡¡of¡¡the¡¡Roman¡¡Power¡¡in¡¡the¡¡East¡£¡¡The¡¡Mahomedans¡¡appeared£»¡¡conquered£»¡¡extended£»¡¡and¡¡dispersed¡¡themselves¡£¡¡Egypt¡¡had¡¡particular¡¡sovereigns£»¡¡these¡¡carried¡¡on¡¡the¡¡commerce¡¡of¡¡India£»¡¡and¡¡being¡¡possessed¡¡of¡¡the¡¡merchandise¡¡of¡¡this¡¡country£»¡¡drew¡¡to¡¡themselves¡¡the¡¡riches¡¡of¡¡all¡¡other¡¡nations¡£¡¡The¡¡sultans¡¡of¡¡Egypt¡¡were¡¡the¡¡most¡¡powerful¡¡princes¡¡of¡¡those¡¡times¡£¡¡History¡¡informs¡¡us¡¡with¡¡what¡¡a¡¡constant¡¡and¡¡well¡­regulated¡¡force¡¡they¡¡stopped¡¡the¡¡ardour£»¡¡the¡¡fire£»¡¡and¡¡the¡¡impetuosity¡¡of¡¡the¡¡crusades¡£

20¡£¡¡How¡¡Commerce¡¡broke¡¡through¡¡the¡¡Barbarism¡¡of¡¡Europe¡£¡¡Aristotle's¡¡philosophy¡¡being¡¡carried¡¡to¡¡the¡¡west£»¡¡pleased¡¡the¡¡subtle¡¡geniuses¡¡who¡¡were¡¡the¡¡virtuosi¡¡of¡¡those¡¡times¡¡of¡¡ignorance¡£¡¡The¡¡schoolmen¡¡were¡¡infatuated¡¡with¡¡it£»¡¡and¡¡borrowed¡¡from¡¡that¡¡philosopher£§133£§¡¡a¡¡great¡¡many¡¡notions¡¡on¡¡lending¡¡upon¡¡interest£»¡¡whereas¡¡its¡¡source¡¡might¡¡have¡¡been¡¡easily¡¡traced¡¡in¡¡the¡¡gospel£»¡¡in¡¡short£»¡¡they¡¡condemned¡¡it¡¡absolutely¡¡and¡¡in¡¡all¡¡cases¡£¡¡Hence¡¡commerce£»¡¡which¡¡was¡¡the¡¡profession¡¡only¡¡of¡¡mean¡¡persons£»¡¡became¡¡that¡¡of¡¡knaves£»¡¡for¡¡whenever¡¡a¡¡thing¡¡is¡¡forbidden£»¡¡which¡¡nature¡¡permits¡¡or¡¡necessity¡¡requires£»¡¡those¡¡who¡¡do¡¡it¡¡are¡¡looked¡¡upon¡¡as¡¡dishonest¡£

Commerce¡¡was¡¡transferred¡¡to¡¡a¡¡nation¡¡covered¡¡with¡¡infamy£»¡¡and¡¡soon¡¡ranked¡¡with¡¡the¡¡most¡¡shameful¡¡usury£»¡¡with¡¡monopolies£»¡¡with¡¡the¡¡levying¡¡of¡¡subsidies£»¡¡and¡¡with¡¡all¡¡the¡¡dishonest¡¡means¡¡of¡¡acquiring¡¡wealth¡£

The¡¡Jews£»¡¡enriched¡¡by¡¡their¡¡exactions£»¡¡were¡¡pillaged¡¡by¡¡the¡¡tyranny¡¡of¡¡princes£»¡¡which¡¡pleased¡¡indeed£»¡¡but¡¡did¡¡not¡¡ease£»¡¡the¡¡people¡££§134£§

What¡¡passed¡¡in¡¡England¡¡may¡¡serve¡¡to¡¡give¡¡us¡¡an¡¡idea¡¡of¡¡what¡¡was¡¡done¡¡in¡¡other¡¡countries¡£¡¡King¡¡John£§135£§¡¡having¡¡imprisoned¡¡the¡¡Jews£»¡¡in¡¡order¡¡to¡¡obtain¡¡their¡¡wealth£»¡¡there¡¡were¡¡few¡¡who¡¡had¡¡not¡¡at¡¡least¡¡one¡¡of¡¡their¡¡eyes¡¡plucked¡¡out¡£¡¡Thus¡¡did¡¡that¡¡king¡¡administer¡¡justice¡£¡¡A¡¡certain¡¡Jew£»¡¡who¡¡had¡¡a¡¡tooth¡¡pulled¡¡out¡¡every¡¡day¡¡for¡¡seven¡¡days¡¡successively£»¡¡gave¡¡ten¡¡thousand¡¡marks¡¡of¡¡silver¡¡for¡¡the¡¡eighth¡£¡¡Henry¡¡III¡¡extorted¡¡from¡¡Aaron£»¡¡a¡¡Jew¡¡at¡¡York£»¡¡fourteen¡¡thousand¡¡marks¡¡of¡¡silver£»¡¡and¡¡ten¡¡thousand¡¡for¡¡the¡¡queen£»¡¡in¡¡those¡¡times¡¡they¡¡did¡¡by¡¡violence¡¡what¡¡is¡¡now¡¡done¡¡in¡¡Poland¡¡with¡¡some¡¡semblance¡¡of¡¡moderation¡£¡¡As¡¡princes¡¡could¡¡not¡¡dive¡¡into¡¡the¡¡purses¡¡of¡¡their¡¡subjects¡¡because¡¡of¡¡their¡¡privileges£»¡¡they¡¡put¡¡the¡¡Jews¡¡to¡¡the¡¡torture£»¡¡who¡¡were¡¡not¡¡considered¡¡as¡¡citizens¡£

At¡¡last¡¡a¡¡custom¡¡was¡¡introduced¡¡of¡¡confiscating¡¡the¡¡effects¡¡of¡¡those¡¡Jews¡¡who¡¡embraced¡¡Christianity¡£¡¡This¡¡ridiculous¡¡custom¡¡is¡¡known¡¡only¡¡by¡¡the¡¡law¡¡which¡¡suppressed¡¡it¡££§136£§¡¡The¡¡most¡¡vain¡¡and¡¡trifling¡¡reasons¡¡were¡¡given¡¡in¡¡justification¡¡of¡¡that¡¡proceeding£»¡¡it¡¡was¡¡alleged¡¡that¡¡it¡¡was¡¡proper¡¡to¡¡try¡¡them£»¡¡in¡¡order¡¡to¡¡be¡¡certain¡¡that¡¡they¡¡had¡¡entirely¡¡shaken¡¡off¡¡the¡¡slavery¡¡of¡¡the¡¡devil¡£¡¡But¡¡it¡¡is¡¡evident¡¡that¡¡this¡¡confiscation¡¡was¡¡a¡¡species¡¡of¡¡the¡¡right¡¡of¡¡amortisation£»¡¡to¡¡recompense¡¡the¡¡prince£»¡¡or¡¡the¡¡lords£»¡¡for¡¡the¡¡taxes¡¡levied¡¡on¡¡the¡¡Jews£»¡¡which¡¡ceased¡¡on¡¡their¡¡embracing¡¡Christianity¡££§137£§¡¡In¡¡those¡¡times£»¡¡men£»¡¡like¡¡lands£»¡¡were¡¡regarded¡¡as¡¡property¡£¡¡I¡¡cannot¡¡help¡¡remarking£»¡¡by¡¡the¡¡way£»¡¡how¡¡this¡¡nation¡¡has¡¡been¡¡sported¡¡with¡¡from¡¡one¡¡age¡¡to¡¡another£º¡¡at¡¡one¡¡time£»¡¡their¡¡effects¡¡were¡¡confiscated¡¡when¡¡they¡¡were¡¡willing¡¡to¡¡become¡¡Christians£»¡¡and¡¡at¡¡another£»¡¡if¡¡they¡¡refused¡¡to¡¡turn¡¡Christians£»¡¡they¡¡were¡¡ordered¡¡to¡¡be¡¡burned¡£

In¡¡the¡¡meantime£»¡¡commerce¡¡was¡¡seen¡¡to¡¡arise¡¡from¡¡the¡¡bosom¡¡of¡¡vexation¡¡and¡¡despair¡£¡¡The¡¡Jews£»¡¡proscribed¡¡by¡¡turns¡¡from¡¡every¡¡country£»¡¡found¡¡out¡¡the¡¡way¡¡of¡¡saving¡¡their¡¡effects¡£¡¡Thus¡¡they¡¡rendered¡¡their¡¡retreats¡¡for¡¡ever¡¡fixed£»¡¡for¡¡though¡¡princes¡¡might¡¡have¡¡been¡¡willing¡¡to¡¡get¡¡rid¡¡of¡¡their¡¡persons£»¡¡yet¡¡they¡¡did¡¡not¡¡choose¡¡to¡¡get¡¡rid¡¡of¡¡their¡¡money¡£

The¡¡Jews¡¡invented¡¡letters¡¡of¡¡exchange£»£§138£§¡¡commerce£»¡¡by¡¡this¡¡method£»¡¡became¡¡capable¡¡of¡¡eluding¡¡violence£»¡¡and¡¡of¡¡maintaining¡¡everywhere¡¡its¡¡ground£»¡¡the¡¡richest¡¡merchant¡¡having¡¡none¡¡but¡¡invisible¡¡effects£»¡¡which¡¡he¡¡could¡¡convey¡¡imperceptibly¡¡wherever¡¡he¡¡pleased¡£

The¡¡Theologians¡¡were¡¡obliged¡¡to¡¡limit¡¡their¡¡principles£»¡¡and¡¡commerce£»¡¡which¡¡they¡¡had¡¡before¡¡connected¡¡by¡¡main¡¡force¡¡with¡¡knavery£»¡¡reentered£»¡¡if¡¡I¡¡may¡¡so¡¡express¡¡myself£»¡¡the¡¡bosom¡¡of¡¡probity¡£

Thus¡¡we¡¡owe¡¡to¡¡the¡¡speculations¡¡of¡¡the¡¡schoolmen¡¡all¡¡the¡¡misfortunes¡¡which¡¡accompanied¡¡the¡¡destruction¡¡of¡¡commerce£»£§139£§¡¡and¡¡to¡¡the¡¡avarice¡¡of¡¡princes£»¡¡the¡¡establishment¡¡of¡¡a¡¡practice¡¡which¡¡puts¡¡it¡¡in¡¡some¡¡measure¡¡out¡¡of¡¡their¡¡power¡£

From¡¡this¡¡time¡¡it¡¡became¡¡necessary¡¡that¡¡princes¡¡should¡¡govern¡¡with¡¡more¡¡prudence¡¡than¡¡they¡¡themselves¡¡could¡¡ever¡¡have¡¡imagined£»¡¡for¡¡great¡¡exertions¡¡of¡¡authority¡¡were£»¡¡in¡¡the¡¡event£»¡¡found¡¡to¡¡be¡¡impolitic£»¡¡and¡¡from¡¡experience¡¡it¡¡is¡¡manifest¡¡that¡¡nothing¡¡but¡¡the¡¡goodness¡¡and¡¡lenity¡¡of¡¡a¡¡government¡¡can¡¡make¡¡it¡¡flourish¡£

We¡¡begin¡¡to¡¡be¡¡cured¡¡of¡¡Machiavelism£»¡¡and¡¡recover¡¡from¡¡it¡¡every¡¡day¡£¡¡More¡¡moderation¡¡has¡¡become¡¡necessary¡¡in¡¡the¡¡councils¡¡of¡¡princes¡£¡¡What¡¡would¡¡formerly¡¡have¡¡been¡¡called¡¡a¡¡master¡­stroke¡¡in¡¡politics¡¡would¡¡be¡¡now£»¡¡independent¡¡of¡¡the¡¡horror¡¡it¡¡might¡¡occasion£»¡¡the¡¡greatest¡¡imprudence¡£

Happy¡¡is¡¡it¡¡for¡¡men¡¡that¡¡they¡¡are¡¡in¡¡a¡¡situation¡¡in¡¡which£»¡¡though¡¡their¡¡passions¡¡prompt¡¡them¡¡to¡¡be¡¡wicked£»¡¡it¡¡is£»¡¡nevertheless£»¡¡to¡¡their¡¡interest¡¡to¡¡be¡¡humane¡¡and¡¡virtuous¡£

21¡£¡¡The¡¡Discovery¡¡of¡¡two¡¡new¡¡Worlds£»¡¡and¡¡in¡¡what¡¡Manner¡¡Europe¡¡is¡¡affected¡¡by¡¡it¡£¡¡The¡¡compass¡¡opened£»¡¡if¡¡I¡¡may¡¡so¡¡express¡¡myself£»¡¡the¡¡universe¡£¡¡Asia¡¡and¡¡Africa¡¡were¡¡found£»¡¡of¡¡which¡¡only¡¡some¡¡borders¡¡were¡¡known£»¡¡and¡¡America£»¡¡of¡¡which¡¡we¡¡knew¡¡nothing¡£

The¡¡Portuguese£»¡¡sailing¡¡on¡¡the¡¡Atlantic¡¡Ocean£»¡¡discovered¡¡the¡¡most¡¡southern¡¡point¡¡of¡¡Africa£»¡¡they¡¡saw¡¡a¡¡vast¡¡sea£»¡¡which¡¡carried¡¡them¡¡to¡¡the¡¡East¡¡Indies¡£¡¡Their¡¡danger¡¡upon¡¡this¡¡sea£»¡¡the¡¡discovery¡¡of¡¡Mozambique£»¡¡Melinda£»¡¡and¡¡Calicut£»¡¡have¡¡been¡¡sung¡¡by¡¡Camoens£»¡¡whose¡¡poems¡¡make¡¡us¡¡feel¡¡something¡¡of¡¡the¡¡charms¡¡of¡¡the¡¡Odyssey¡¡and¡¡the¡¡magnificence¡¡of¡¡the¡¡£¿neid¡£

The¡¡Venetians¡¡had¡¡hitherto¡¡carried¡¡on¡¡the¡¡trade¡¡of¡¡the¡¡Indies¡¡through¡¡the¡¡Turkish¡¡dominions£»¡¡and¡¡pursued¡¡it¡¡in¡¡the¡¡midst¡¡of¡¡oppressions¡¡and¡¡discouragements¡£¡¡By¡¡the¡¡discovery¡¡of¡¡the¡¡Cape¡¡of¡¡Good¡¡Hope£»¡¡and¡¡those¡¡which¡¡were¡¡made¡¡some¡¡time¡¡after£»¡¡Italy¡¡was¡¡no¡¡longer¡¡the¡¡centre¡¡of¡¡the¡¡trading¡¡world£»¡¡it¡¡was£»¡¡if¡¡I¡¡may¡¡be¡¡permitted¡¡the¡¡expression£»¡¡only¡¡a¡¡corner¡¡of¡¡the¡¡universe£»¡¡and¡¡is¡¡so¡¡still¡£¡¡The¡¡commerce¡¡even¡¡of¡¡the¡¡Levant¡¡depending¡¡now¡¡on¡¡that¡¡of¡¡the¡¡great¡¡trading¡¡nations¡¡to¡¡both¡¡the¡¡Indies£»¡¡Italy¡¡even¡¡in¡¡that¡¡branch¡¡can¡¡no¡¡longer¡¡be¡¡considered¡¡as¡¡a¡¡principal¡£

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