An inquiry into the permanent causes of the decline and fall of powerful and wealthy nations : $b Designed to shew how the prosperity of the British empire may be prolongedPlayfair, William
Philosophy
An inquiry into the permanent causes of the decline and fall of powerful and wealthy nations : $b Designed to shew how the prosperity of the British empire may be prolonged
Playfair, William
Economics; Great Britain -- Economic conditions; History -- Philosophy
Though new discoveries have robbed Egypt and Syria for ever of the
commerce of the East; and though the loss of trade was the proximate
cause of the degradation, yet both countries had long been desolate
and
---
{56} Wrought silks, muslins, and porcelains. Cotton stuffs are now no
longer bought as formerly, so that, except in porcelain, the raw
material is the only object of commerce. The silk worm was
introduced into Italy during the time that the intercourse with the East
was very difficult, and therefore had not the increase of wealth, and a
taste for new articles extended the demand and brought a new one, the
trade would at last have been nearly done away.
{57} The carriage is 24 L. a ton backwards and forwards, or out and
home, which is only equal to what is paid in England by land for 500
miles. Indeed, none but articles of a very great value and high price
could pay for the carriage by any of the channels hitherto discovered
but that of the Cape.
-=-
[end of page #60]
degraded before this change happened; for though the commerce came
through their countries, the riches it produced centred in Italy. Syria
had long become a desert, and the ruined palaces were become the
habitations of scorpions, reptiles, and beasts of prey, long before those
discoveries which seemed to have sealed their doom. That discovery
only completed what had long been begun, and rendered permanent
and irrevocable what might otherwise have been altered. {58}
At the rate at which this trade now goes on to increase, all the gold
and silver mines in the West, will soon be insufficient to afford
enough of the precious metals to pay for produce from that country:
for few European manufactures are taken in return. This is laying a
foundation for a great revolution, either in manners or in nations at
some future day.
It is extraordinary that, from the earliest ages, the inhabitants of India
have been receiving gold and silver from all other countries, and yet,
that those metals are not so abundant there as with European nations.
As our demand for the produce of the mines increases in order to send
remittances in specie to that country, the mines themselves diminish in
their produce, so that whatever change this may bring on, can be at no
very great distance. {59}
---
{58} What Dr. Robertson says of Palmyra may be applied nearly to all
the cities in Asia and Africa that shared in this commerce. "Palmyra,
after the conquest by Aurelian never revived." At present, a few
miserable huts of beggarly Arabs are scattered in the courts of its
stately temples, or deform its elegant porticoes, and exhibit a
humiliating contrast to its ancient magnificence.
{59} If the taste of the Anglo Americans for tea continues, allowing
one pound to each person in the year, which is very little, one hundred
millions of pounds weight will be annually wanted in less than half a
century.
-=-
[end of page #61]
CHAP. VII.
Public-domain text, read in full here on John Shaqi.
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