Note Respecting Trade and Manufactures
AD: Library of Congress
London, July 7. 1767.

Suppose a Country, X, with three Man[ufactures] as Cloth, Silk, Iron, supplying 3 other Co[untries,] A, B, C; but is desirous of increasing the Vent [and] raising the Price of Cloth; in favour of her own Clo[thiers.]

In order to this, she forbids the Importati[on of] foreign Cloth from A. A in return forbids Silks from X. Then the Silk workers complain [of a decay] of Trade. And X to content th[em, forbids silks from B.] B in return forbids [iron-ware from X.] Then the Iron workers complain of [decay.] And X forbids the Importation of Iron [from] C. C in return forbids Cloth from X. What is got by all these Prohibitions? Answer, All four find their common Stock of Enjoyments and Conveniences of Life diminished.

[B.F.]

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