That the system of taxation, though irregular in England, is less so than in any other country, in proportion to the extent to which it has been carried, is true; but still, however, if a number of the most troublesome and ill-contrived taxes were done away, and others established in their place, it would be a great advantage. Greater danger arises from the augmentation of taxes in a wealthy country than in a poor one, when they stretch beyond the proper line, because the general prosperity hinders the effect from being visible, till it has advanced beyond the power of remedy; whereas, in a poor country, the injury is soon felt. The invention and industry of this country have been most wonderfully increased by the necessity of exertion, under the protection of good laws, which rendered property secure. But we trust too much to our resources, and, like men in health and vigour, are the most likely to injure our constitution. The most part of the arts, in point of manufacturing, seem to have come to nearly the last degree of perfection, so far as abbreviation of labour can carry them. [end of page #229] The division of labour, and the modes of working in the iron and metal branches, have not of late been in any material degree improved in our towns, the most famous for them; and as to any particular gift of bringing things to perfection, or reducing prices, it does not appear to be confined to England. Watches and fire-arms are two of the most ingenious and nice branches of metal manufactures; yet, at Liege, the latter is carried to greater perfection than at Birmingham, and London and Lancashire are outdone by Switzerland, in the former. Those, indeed, are not manufactures of which the taste or form is constantly altering; but they are a proof of the ability to work with equal advantage, both as to quality and price, with the manufacturers of this country. The next great branches are the weaving. For silks, France has always had the advantage of us; and our fine woollen cloths have never equalled those of Louvier and Sedan for quality, although, in point of price, they have the advantage. In linens, we enjoy no particular pre-eminence; and, in the American market, we are beginning to be undersold by those of Silesia. For a second quality of woollen cloth, and for the manufacture of cotton, in all its branches, we still have the superiority; but our great advantage, the cause of the general preference to our manufactures is the long credit we give, which, if it should ever cease to be practicable, would ruin not one, but all our manufactures, nearly at a stroke.