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" As defence, however, is of much more importance than opulence, the act of navigation is, perhaps, the wisest of all the commercial regulations of England. "
The Debates and Proceedings in the Congress of the United States: With an ... - Page 821
by United States. Congress - 1854
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 2

Adam Smith - 1811 - 532 pages
...was a more perfect freedom of trade. As defence, however, is of much more importance than opulence, the act of navigation is, perhaps, the wisest of all the commercial regulations of England. The second case, in which it will generally be advantageous to lay some burden upon foreign for the...
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An Inquiry Into the Various Systems of Political Economy: Their Advantages ...

Charles Ganilh - Comparative economics - 1812 - 504 pages
...act prejudicial to the growth of wealth : but as defence is of much more importance than opulence, the act of Navigation is, perhaps, the wisest of all the commercial regulations of England."* This manner of viewing the English act of Navigation betrays in the author a greater attachment to...
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The Quarterly Review, Volumes 9-10

English literature - 1813 - 1102 pages
...opulence which arises out of it; and concludes that, ' as defence is much more important than opulence, the act of navigation is, perhaps, the wisest of all the commercial regulations of England.' So, however, think not the ship-builders on the banks of the Thames. Not more pregnant with evils was...
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The Quarterly Review, Volume 10

1813 - 560 pages
...opulence which arises out of it; and concludes that, ' as defence is much more important than opulence, the act of navigation is, perhaps, the wisest of all the commercial regulations of England.' But further, say the advocates of the Thames ship-builders, we may lose India, and the enemy get possession...
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The American Register, Or, Summary Review of History, Politics, and Literature

Robert Walsh - Europe - 1817 - 508 pages
...(since altered.) When war is declared, the king by proclamation, shall permit merchant vessels, &c. to be sailed differently from the navigation laws....foreign, to encourage domestic industry; that the actof navigation is perhaps the wisest of all the commercial regulations of England. " If the wisdom...
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Blackwood's Magazine, Volume 64

England - 1848 - 788 pages
...of that opulence which can arise from it. As defence, however, is of much more value than opulence, the Act of Navigation is perhaps the wisest of all the commercial regulations of England."* 13efore these pages issue from the press, this, undoubtedly the wisest of all the commercial regulations...
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The Pamphleteer, Volume 17

Abraham John Valpy - Great Britain - 1820 - 612 pages
...explaining this point, he concludes thus: "As defence, however, is of much more importance than opulence, the act of navigation is, perhaps, the wisest of all the commercial regulations of England." This testimony is the more valuable, as coming from the mouth of an unwilling witness, one of the greatest...
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The Edinburgh Review: Or Critical Journal, Volume 38

1823 - 616 pages
...* inore perfect freedom of trade. As defence, however, is of ' much more importance than opulence, the Act of Navigation ' is perhaps the wisest of all the commercial regulations of EngMamj. ' (Wealth of Nations, II. p. 194.) It niay, however, be very lairly doubted, whether, in point...
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A Treatise on the Laws of Commerce and Manufactures, and the ..., Volume 1

Joseph Chitty - Commercial law - 1824 - 1090 pages
...there was a perfect freedom of trade. As defence, however, is of much more importance than opulence^ the act of navigation is, perhaps, the wisest of all the commercial regulations of England. (1) Experience, says Mr. Reeves (2), has shewn the advantage of adhering to this maritime policy. The...
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The Nautical Magazine: A Journal of Papers on Subjects Connected ..., Volume 40

Naval art and science - 1871 - 928 pages
...foreigners from our fishing grounds is now (1871) the only remnant ot these restrictive laws.— ED. the Act of Navigation is, perhaps the wisest of all the Commercial Regulations of England." Although we could not look upon it as a wise law now, the Act of Navigation remained the law of the...
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