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Show 25o Acrs RELATING Part II. Se&.XI. To TUE Commas. 25! objeét of the policy, during this period, was to oblige the colonies to buy from Great Britain only, all the manufaétures and European goods in general which the might, with rather more propriety it ihould feem, be fiyled the fourth ; and the change of fynem then adopted, if indeed could fupply them with; and to fell all beenjuft as gradual as any of the former. At the beginning of what I would with to call the fecond period, the legiflature {aw that the trade of the colonies was grown an objeét of importance; that it was of the utmof't confequence fo to regu- late that trade that the profits thereof might finally center in Great Britain. and be applied to the benefit of the whole empire *. Without afking the can {wt of the colonies, they therefore eflablifhed the fyPcem of monopoly. At the beginning of the third period, the legiflature faw, that the colonies had increafed and flourifhed under the fylteni the produéts they could fell to the Britiih dominons. On the other hand, during this fecond period, by way of compenfation for thefe reitraints, the monopoly given to the co- lonies, at firil in the fingle article of tobacco, was extended, or at leaft advantages‘nearly equal to a monopoly were granted, in a multitude of other articles; among which we find thofe of rice, hemp, raw filk, pitch, tar, turpentine, indigo, and naval ftores. The third period began in the fixth of George the fecond, during which, in par.tieular inftances, taxation was fubftituted in the room of a monopoly. This period then, which began in the reign of George III_. and which the orator it mul't be called a change, feems to have of monopoly; that the monopoly in fomc infiances could not be entire, becaufe we had not markets to take off all their com* See Bernard's fifth letter, has chofen .to iter the fecond period, might, modities, ' ' , H": u-mmm ‘ |
