Letter X: On Trade
As trade enriched the citizens in England, so it contributed to their freedom, and this freedom on the other side extended their commerce, whence arose the grandeur of the State. Trade raised by insensible degrees the naval power, which gives the English a superiority over the seas, and they now are masters of very near two hundred ships of war. Posterity will very probably be surprised to hear that an island whose only produce is a little lead, tin, fuller's-earth, and coarse wool, should become so powerful by its commerce, as to be able to send, in 1723, three fleets at the same time to three different and far distanced parts of the globe. One before Gibraltar, conquered and still possessed by the English; a second to Porto Bello, to dispossess the King of Spain of th
