The prodigious loss to us, and gain to England, by selling them all our
wool at their own rates; whereof the manufacture exceeds above ten times
the prime cost: A proceeding without example in the Christian or heathen
world.
Our own wool returned upon us, in English manufactures, to our infinite
shame and damage; and the great advantage of England.
The full profit of all our mines accruing to England; an effect of great
negligence and stupidity.
An affectation among us, of liking all kinds of goods made in England.
NOTE, Many of the above articles have been since particularly computed
by another writer, to whose treatise the reader is referred.[4]
[Footnote 4: The work referred to is "A List of the Absentees of
Ireland, and the yearly value of their estates and Incomes spent
abroad," by Thomas Prior, Esq. Prior was a native of Ireland and the
schoolfellow and life-long friend of Berkeley, the philosopher. In
concert with Samuel Madden and other friends, he founded, in 1731, the
Dublin Society for the Promotion of Agriculture, Manufactures, Arts and
Sciences. This society was the parent of the present Royal Dublin
Society. His "List of the Absentees of Ireland" was published in 1729.
He also issued "Observations on Coin" (1730), and "An Authentic
Narrative of the Success of Tar Water in Curing a great number and
variety of Distempers" (1746), to which Berkeley contributed. [T.S.]]
These and many other articles, which I cannot recollect at present, are
agreed by judicious men to amount to near seven hundred thousand pounds
_per ann_. clear profit to England. And, upon the whole, let any man
look into those authors who write upon the subject of commerce, he shall
find, that there is not one single article in the essentials, or
circumstances of trade, whereby a country can be a loser, which we do
not possess in the highest perfection; somewhat, in every particular,
that bears a kind of analogy to William Wood; and now the branches are
all cut off, he stands ready with his axe at the root.
Public-domain text, read in full here on John Shaqi.
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