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Tex antnoptetiox. when ‘she was Gomipelled to shave “thie possessions with rebellious’ subjects, bee come her ‘rivals, that she began tombe feeble and her protinces to desponil2\"The Dutch,'who ‘knew that the sources of shér power were in the new world,” soon cont tended ‘with her for them. si’ 1608 and and 1621, companies’ of ‘therchants wer fornied, wlio dated to cope with the most powerful princein Europe, anid made Am= sterdam the new entrepot of the world: Taking advantage of all the faults: of ‘the Spaniards, and committing noney they en riched themselves at the expense of Spai ‘America, far from: having injured Spanish industry, has, on the contrary, ever encous raged it, by opening certuin and constant vents for thé’ productions of the maiifacs tories by the advantages accruing to it from * Ha Holland ben depopulated or impoveihed since het connection with the colnies? Is it mt, on te con- try since tat period that it hit become i prt sine in Europe? Te siue mis Be sid of Switzer, ‘whl fot foe buco year ha soe en sil nie (fsiodF H8 nkabits sont ito de een ofthe GF fereat prince of Europe’ soit sam with England aod oer coutrie tht posses cali ENTRODUCTION. Isxxi an exclusive trade®. Ibis to the wealth ‘and inerease of populatio in the ‘two In+ dies that the provinces of Catalonia, Va- Jencia, and Biscay, and the ports of Cadiz, ‘Malaga, and Barcelona, have ‘been in ebted for their improvement and prospe- rity. ‘The advocates of the contrary opi- nion go farther, and without troubling theinselves to be convinced that the Spa- nish colonies have at present all the ad: vantage without any disadvantage, that the produce of their mines have’ been in- ‘ereasing in an extraordinary progress for twenty years, that the emigration from Spain is confined to the agents of the go- vernment, that, without reckoning forty rmillions which they pour into the treasury free of all expence, they contribute greatly to the king's revenue by the custom-houses and the circulation of specie ; in spite of 7 Wages re stil 10 igh in Spain, indy too lle improved, ad, above al, the cistot-bame detes too ‘ousiderable 1 allow of ny compton in manfactares With other ations i the trade wero erase being exc tive. The ony extement i Unt cane to eeu at nections wold be habit and flit. Vou. fe

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