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History, 19.05.2020 18:01 geo58

"Trade has some relation to forms of government. In a monarchy, it is generally founded on luxury; and though it be also founded on real wants, yet the principal view with which it is carried on is to procure everything that can contribute to the pride, the pleasure, and the capricious whims of the nation. In republics, it is commonly founded on economy. Their merchants, having an eye to all the nations of the earth, bring from one what is wanted by another. . . . This kind of traffic [trade] can hardly be carried on by a people swallowed up in luxury, who spend much, and see nothing but objects of grandeur."

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