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
_Of the Causes that brought on the Decline of the Nations that had
flourished in the middle Ages, and of Portugal, Spain, Holland, and
the Hans Towns_.
The trade with India, which had been almost the only one, and
always an occasion for envy and contest, was sought for by the
Spaniards and the Portuguese; who, as we have seen, were the first
amongst modern nations that seemed to aspire at naval discovery.
The manner in which Spain discovered America; and Portugal, the
passage by the Cape of Good Hope, both nearly at the same period,
and at the beginning of the sixteenth century, is too well known to
require the smallest detail.
Europeans, with the superior degree of knowledge they possessed, and
particularly that of the use of fire-arms: incited also by the love of
gold; and careless of keeping their word with the unsuspecting
natives, soon triumphed wherever they went, and the consequence
was, that both nations brought home immense riches. The trade of
Venice, Alexandria, and Aleppo, was all transferred to Lisbon, {60}
and never was so small a country so suddenly enriched; and it may be
added, more quickly deprived afterwards of the chief source of its
wealth.
The Dutch had triumphed over the power of Spain, on their own soil,
and they soon rivalled that of Portugal in the East. It was a very
different thing to combat the natives, and to fight with the Dutch, who
very soon deprived Portugal of the rich means of wealth she had
discovered in India.
The prosperity of Portugal, arising from its possession =sic= in the
East, continued at its height exactly a century. Its decline is accounted
for by the following causes.
---
{60} Lisbon had its depot for the north of Europe, at Antwerp, and the
value of the consignments have been estimated at a million of crowns,
annually; but this is, probably, an exaggeration.
-=-
[end of page #62]
Its domineering principles, too great an extent of conquests, which
were widely scattered, and the haughtiness of the Portuguese, both
towards the natives and Europeans; the envy and rivalship which
brought the Dutch into the same countries; a great want of attention
and energy; and, lastly, giving a preference to the trade to the Brazils.
The Brazils had been first discovered by the Portuguese, afterwards
seized upon by the Dutch, whom they, however, expelled about the
middle of the sixteenth century; that is, about fifty years after its first
discovery, and an equal period of time previous to the decline of their
trade in India.
Public-domain text, read in full here on John Shaqi.
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