Contents. vii 



PART III. 



THE CONFLICT OF COMMERCIAL INTERESTS BETWEEN 

 THE COLONIES AND THE MOTHER COUNTRY. 



Chapter I.— The Growth of the Lumber Trade in New 



England. 



Josiah Child on the characteristics of the New Englanders.. . 102 

 The chief Industries of New England are the lumber trade 



and shipbuilding J05 



The two causes that prevented the engrossment of the timber 

 trade by England are the evasion of the Navigation Laws and 

 the attempt of the government to reserve the best mast tree 



for the royal navy HO 



The quarrel over the township clause in the charter of 1691. . 113 

 Elisha Cooke claims that the woods of Maine belong to Massa- 

 chusetts by purchase 115 



The boldness of the loggers in defying the King 117 



The Act of 1729 for the preservation of the woods 120 



The impossibility of obtaining judgment in the King's favor 



in prosecutions 123 



The history of the struggle attests the economic independ- 

 ence of New England 124 



Chapter II.— The Rise of Manufactures. 



The colonial policy of Great Britain 125 



The dilemma of the economists 126 



The balance of trade 127 



The rise of manufactures 128 



The progress of the woolen industry alarms the government. 134 



A New Englander's point of view 135 



The financial extremity of New England during the first 



half of the eighteenth century 136 



The encouragement of spinning by colonial legislatures 137 



Conclusions as to the failure of British economists to under- 

 stand conditions in America, and consequently, to reconcile the 



conflicting interests of the colonists and the mother country.. 139 



Appendix A.— Price-lists of stores, (1692-1704) 140 



Appendix B.— Account of Pitch and Tar, Hemp, Rosin, Turpen- 

 tineand Masts imported to England from X-mas, 1700, to 



X-mas, 1718 142 



Bibliography 143 



Index 149 



