A cottage; by the sea: newlyn, Cornwall 



Photo by A. W. Cutler 



"The strategical position of England, which is of consequence in economic history, is 

 less the configuration of England itself than the configuration of continental Europe. . . . 

 It is truly an extraordinary fact that the English should have been able to menace the 

 doiiiestic commerce of other nations" (see text, pages 408 and 409). 



40 T 



