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Dutch Capital

Dutch capital was employed to purchase goods in one country and sell them in another: so that the Dutch became carriers for others, instead of manufacturing and carrying for themselves.

The trade to India, and the banking business, were both taken up by other nations; so that Holland then lost her superiority in these branches.

Thus circumstanced, Holland was gradually sinking, when political troubles, the end of which it is not easy to foresee, put her at the feet of France: an event that would not have happened in the manner it did, when the true spirit of patriotism reigned, that distinguished her in her more prosperous days. From this, at least, there is one distinct lesson to be learnt, that however it may be natural for nations to lose a superiority, owing to arts, inventions, or foreign trade, yet, if the minds of the people and their manners remain pure, they will not be degraded, by falling a prey to an enemy. When Holland was not rich it resisted Spain in all her glory, during a very hard, arduous, and continued struggle; but then the people were united as one man: there were no traitors to raise a voice for Spain against their country. When Holland was wealthy, it did not even attempt to resist France when invaded; but then Holland was divided, and there were in every city men, who wished more for the plunder than the prosperity of their country.

In viewing the fall of those nations that sunk before the discovery of America, the eastern empire was the last that attracted attention. It had been reduced by the Turks, with a vigour and energy that promised a renovation, which, however, it did not effect. The Turks brought with them the Mahometan religion, which has debased the manners and degraded the minds of every people. Constantinople, by this change, lost the remains of ancient learning and of commerce, which even the weakness of the emperors, and the repeated wars, had not been able entirely to destroy. The Greeks were reduced to a state of subordination and slavery, but the Turks were not civilized. They adopted what was luxurious and effeminate of Grecian manners, yet still retained their former ignorance and ferocity. Amongst modern nations, the Turkish government is, in form, a monster, and its existence an enigma; yet it extended its sway over all that was most valuable or most splendid in the ancient world. Greece, Egypt, Phoenicia, Syria, the three Arabias, and countries then but little known, are subject to a brutish people, who do not even condescend to mix with the inhabitants of the country, but who rule over them in a manner the most humiliating and disgraceful.

The Turkish government has never been powerful. The city of Venice was always its equal at sea; and, as it disdains to adopt the systems of other nations, it is every day becoming weaker, in comparison with them. It has formerly maintained successful struggles against

In all other conquests, the conquered and the conquerors have become, at last, one people, when they have settled in the same country, whether Christians or Pagans; but the Turks and Greeks keep as distinct to this day as at the first, and this is probably owing to the nature of the Turkish religion.

Germany, Poland, and Russia; but that time is now over, and it owes its present existence to the jealousy of other powers. It is possessed of a greater quantity of good territory than all the leading nations of Europe, Russia excepted; and it is not the interest of men living in less favoured climates, to endeavour to renovate the country of Alexander, and of the other great nations of antiquity.