The wealth that came to Spain, came in a very unequal distribution, which is a considerable disadvantage, and hastens on that state of things which is the natural forerunner of the decay of a nation. Wealth, arising by commerce, however great its quantity, must be distributed with some degree of equality; but the great adventurers in the gold mines only shared with their sovereign, and the whole of their wealth came in prodigious quantities, pouring in upon the country. {63} --- {62} Though the Dutch were subject to Spain, yet that had not prevented them from acting in an independent manner in their modes of following trade and commerce. {63} We see an example of this in our own trade to India. Captains of ships, merchants, and all those who get money by that trade, come home with moderate fortunes; but the governors, and civil and military officers, who have been settled in the country, come home with princely fortunes, and eclipse the old nobility of the country. -=- [end of page #64] Both Spain and Portugal, finding that wealth came with such ease from India and America, neglected industry. This, indeed, was a very natural consequence; and, when the sources of their riches began to dry up, they found, though too late, that instead of having increased in wealth, they had only been enriching more industrious nations, and ruining themselves. The gold that arrives from the West passes through the hands of its masters with almost the same rapidity as if they were only agents for the English and the Dutch; so chimerical an idea is that of wealth existing without industry. The Dutch were the only rivals of the Portuguese in the East Indies; for though other nations came afterwards in for a share, yet the transition from wealth to weakness was already made by the Portuguese, before any of them had begun to set seriously to work, in acquiring possessions, or in carrying on trade with that country. Portugal thus fell, merely from the rivalship of a more industrious and less advanced nation, after having embraced more territory than she had power to keep. Spain fell, because she had embraced a wrong object as a source of riches. {64}