37 



interchange of property between the several parts 

 or members of the British Empire. 



Third — The utmost freedom in respect of the 

 interchange of property between the British Em- 

 pire and Foreign countries, consistent with the 

 conservation and ascendancy of the British marine, 

 and a reasonable regard to the stabiHty or pro- 

 bable continuance of the Trade with the several 

 foreign countries. 



The principle of " Free Trade," so applied, 

 appears to be calculated to produce a greater 

 sum of wealth, prosperity and power, than has 

 ever been enjoyed, by this or any other Nation. — 

 Each class, under this system, would advance the 

 interest of each and of all classes, throughout the 

 social polity ; a general facility of interchange, 

 throughout this Empire, would stimulate exertion, 

 assure general abundance, and a constantly increas- 

 ing consumption. — The same principle, although 

 modified, would, in its degree, produce the like 

 effect in respect of the interchanges with Foreign 

 countries; and the British Nation, in the enjoy- 

 ment of her own vast resources, would illustrate 

 by lier cxam[)lc to all the Nations of the Eartii, 

 the excellence and the wisdom of an cnlarwd be- 

 nevolence in political design and comp"ehcnsive 

 simplicity in Political Institution. 



