I allowed the truth of this remark, adding, that by their industry, oeconomy, and circumspection, many of them in England, as well as in her colonies, amassed large fortunes, with which they returned to their own country, and this was so much lost to South-Britain.--‘Give me leave, sir (said he), to assure you, that in your fact you are mistaken, and in your deduction erroneous. Not one in two hundred that leave Scotland ever returns to settle in his own country; and the few that do return, carry thither nothing that can possibly diminish the stock of South-Britain; for none of their treasure stagnates in Scotland--There is a continual circulation, like that of the blood in the human body, and England is the heart, to which all the streams which it distributes are refunded and returned: nay, in consequence of that luxury which our connexion with England hath greatly encouraged, if not introduced, all the produce of our lands, and all the profits of our trade, are engrossed by the natives of South-Britain; for you will find that the exchange between the two kingdoms is always against Scotland; and that she retains neither gold nor silver sufficient for her own circulation.--The Scots, not content with their own manufactures and produce, which would very well answer all necessary occasions, seem to vie with each other in purchasing superfluities from England; such as broad-cloth, velvets, stuffs, silks, lace, furs, jewels, furniture of all sorts, sugar, rum, tea, chocolate and coffee; in a word, not only every mode of the most extravagant luxury, but even many articles of convenience, which they might find as good, and much cheaper in their own country. For all these particulars, I conceive, England may touch about one million sterling a-year.--I don’t pretend to make an exact calculation; perhaps, it may be something less, and perhaps, a great deal more. The annual revenue arising from all the private estates of Scotland cannot fall short of a million sterling; and, I should imagine, their trade will amount to as much more.--I know the linen manufacture alone returns near half a million, exclusive of the home-consumption of that article.--If, therefore, North-Britain pays a ballance of a million annually to England, I insist upon it, that country is more valuable to her in the way of commerce, than any colony in her possession, over and above the other advantages which I have specified: therefore, they are no friends, either to England or to truth, who affect to depreciate the northern part of the united kingdom.’