Tl ' of America miy, in ^1 



prf . i - - '^^oc of the greatest misfor- 



t. * '"III. T! re succcfcl 



of A:i.v..ca must ari&c from trade, rather 

 than 1 il 



*'''"uirc a considerable navy to defend il« 

 \ J to 1 .1 in Eng- 



land ? If so, the Americans* dependence is 

 on the : :-C0i , 



able to raise a navy equal iu Hieir trade, and 

 a very great number of their I' iani ,$ 

 arc employed a:* e to o real- Britain : 



therefore : Jand 1). uses in the 



ci'ii ', I :.C5 the slice :s «^ic.: and ilic ^icaur 

 part (1 what are termed American vessels 

 beioi: vi ; so tliaC^ 



shfMilt! ., ^ , , . .\ n ships 



\ : be ' ' ' u Uicrc vvDuid 



hr n great stagnation of trau. . . cry thing 

 in IS is taxed very hi^h ; which is an 



absolute impost on British manufactures 

 sold in A * tax- 



ed V«"hcr than it is capable of paying. T 

 ka • mc; i 



