The consequence of this has been, that other nations have supplied what their own sloth and pride denied them; and when every body saw, that notwithstanding all the prohibitions the government could make against the exportation of bullion, the Spaniard would part with his money, and bring it you aboard himself at the hazard of his neck, all the world endeavoured to work for Spain. Gold and silver being by this means yearly divided and shared among all the trading countries, have made all things dear, and most nations of Europe industrious, except their owners, who, ever since their mighty acquisitions, sit with their arms across, and wait every year with impatience and anxiety, the arrival of their revenues from abroad, to pay others for what they have spent already: and thus by too much money, the making of colonies and other mismanagements, of which it was the occasion, Spain is, from a fruitful and well-peopled country, with all its mighty titles and possessions, made a barren and empty thoroughfare through which gold and silver pass from America to the rest of the world; and the nation, from a rich, acute, diligent, and laborious, become a slow, idle, proud, and beggarly people: So much for Spain. The next country where money is called the product, is Portugal, and the figure which that kingdom with all its gold makes in Europe, I think is not much to be envied. The great art then to make a nation happy, and what we call flourishing, consists in giving every body an opportunity of being employed; which to compass, let a government's first care be to promote as great a variety of manufactures, arts, and handicrafts, as human wit can invent; and the second, to encourage agriculture and fishery in all their branches, that the whole earth may be forced to exert itself as well as man; for as the one is an infallible maxim to draw vast multitudes of people into a nation, so the other is the only method to maintain them. It is from this policy, and not the trifling regulations of lavishness and frugality (which will ever take their own course, according to the circumstances of the people), that the greatness and felicity of nations must be expected; for let the value of gold and silver either rise or fall, the enjoyment of all societies will ever depend upon the fruits of the earth, and the labour of the people; both which joined together are a more certain, a more inexhaustible, and a more real treasure, than the gold of Brazil, or the silver of Potosi. Line 321. No honour now, &c.