15。OftheCommerceoftheRomanswiththeBarbarians。TheRomanshavingerectedavastempireinEurope,Asia,andAfrica,theweaknessofthepeopleandthetyrannyoftheirlawsunitedallthepartsofthisimmensebody。TheRomanpolicywasthentoavoidallcommunicationwiththosenationswhomtheyhadnotsubdued:thefearofcarryingtothemtheartofconqueringmadethemneglecttheartofenrichingthemselves。
Theymadelawstohinderallcommercewithbarbarians。"Letnobody,"
saidValensandGratian,[115]"sendwine,oil,orotherliquorstothebarbarians,thoughitbeonlyforthemtotaste。""Letnoonecarrygoldtothem,"addGratian,Valentinian,andTheodosius;[116]"rather,iftheyhaveany,letoursubjectsdeprivethemofitbystratagem。"Theexportationofironwasprohibitedonpainofdeath。
Domitian,aprinceofgreattimidity,orderedthevinesinGaultobepulledup,[117]fromfear,nodoubt,lesttheirwinesshoulddrawthitherthebarbarians。ProbusandJulian,whohadnosuchfears,gaveordersfortheirbeingplantedagain。
IamsensiblethatuponthedeclensionoftheRomanempirethebarbariansobligedtheRomanstoestablishstapletowns,andtotradewiththem。ButeventhisisaproofthatthemindsoftheRomanswereaversetocommerce。[118]
16。OftheCommerceoftheRomanswithArabiaandtheIndies。ThetradetoArabiaFelix,andthattotheIndies,werethetwobranches,andalmosttheonlyones,oftheirforeigncommerce。TheArabianswerepossessedofimmenseriches,whichtheyfoundintheirseasandforests;
andastheysoldmuchandpurchasedlittle,theydrewtothemselvesthegoldandsilveroftheRomans。[119]Augustus,[120]beingwellapprisedofthatopulence,resolvedtheyshouldbeeitherhisfriendsorhisenemies。Withthisviewhesent?liusGallusfromEgyptintoArabia。
Thiscommanderfoundthepeopleindolent,peaceable,andunskilledinwar。Hefoughtbattles,laidsiegestotowns,andlostbutsevenofhismenbythesword;buttheperfidyofhisguides,longmarches,theclimate,wantofprovisions,distempers,andill—conduct,causedtheruinofhisarmy。
HewasthereforeobligedtobecontentwithtradingtoArabia,inthesamemannerasothernations;thatis,withgivingthemgoldandsilverinexchangefortheircommodities。TheEuropeanstradewiththemstillinthesamemanner;thecaravansofAleppoandtheroyalvesselofSuezcarrythitherimmensesums。[121]
NaturehadformedtheArabsforcommerce,notforwar;butwhenthosequietpeoplecametobenearneighbourstotheParthiansandtheRomans,theyactedasauxiliariestobothnations。?liusGallusfoundthematradingpeople;Mahomethappenedtofindthemtrainedtowar;heinspiredthemwithenthusiasm,whichledthemtogloryandconquest。
ThecommerceoftheRomanstotheIndieswasveryconsiderable。
Strabo[122]hadbeeninformedinEgyptthattheyemployedinthisnavigationonehundredandtwentyvessels;thiscommercewascarriedonentirelywithbullion。Theysentthitherannuallyfiftymillionsofsesterces。Pliny[123]saysthatthemerchandisebroughtthencewassoldatRomeatcent。percentprofit。Hespeaks,Ibelieve,toogenerally;
ifthistradehadbeensovastlyprofitable,everybodywouldhavebeenwillingtoengageinit,andthenitwouldhavebeenatanend。
Itwilladmitofaquestion,whetherthetradetoArabiaandtheIndieswasofanyadvantagetotheRomans。Theywereobligedtoexporttheirbullionthither,thoughtheyhadnot,likeus,theresourceofAmerica,whichsupplieswhatwesendaway。Iampersuadedthatoneofthereasonsoftheirincreasingthevalueoftheirspeciebyestablishingbasecoinwasthescarcityofsilver,owingtothecontinualexportationofittotheIndies:andthoughthecommoditiesofthiscountryweresoldatRomeattherateofcent。percent,thisprofitoftheRomans,beingobtainedfromtheRomansthemselves,couldnotenrichtheempire。
Itmaybealleged,ontheotherhand,thatthiscommerceincreasedtheRomannavigation,andofcoursetheirpower;thatnewmerchandiseaugmentedtheirinlandtrade,gaveencouragementtothearts,andemploymenttotheindustrious;thatthenumberofsubjectsmultipliedinproportiontothenewmeansofsupport;thatthisnewcommercewasproductiveofluxury,whichIhaveprovedtobeasfavourabletoamonarchicalgovernmentasfataltoacommonwealth;thatthisestablishmentwasofthesamedateasthefalloftheirrepublic;thattheluxuryofRomehadbecomenecessary;andthatitwasextremelyproperthatacitywhichhadaccumulatedallthewealthoftheuniverseshouldrefunditbyitsluxury。
Strabosays[124]thattheRomanscarriedonafarmoreextensivecommercewiththeIndiesthanthekingsofEgypt;butitisveryextraordinarythatthosepeoplewhoweresolittleacquaintedwithcommerceshouldhavepaidmoreattentiontothatofIndiathantheEgyptiankings,whosedominionslaysoconvenientlyforit。Thereasonofthismustbeexplained。
AfterthedeathofAlexander,thekingsofEgyptestablishedamaritimecommercewiththeIndies;whilethekingsofSyria,whowerepossessedofthemoreeasternprovinces,andconsequentlyoftheIndies,maintainedthatcommerceofwhichwehavetakennoticeinthesixthchapter,whichwascarriedonpartlybyland,andpartlybyrivers,andhadbeenfurtherfacilitatedbymeansoftheMacedoniancolonies;
insomuchthatEuropehadcommunicationwiththeIndiesbothbyEgyptandbySyria。Thedismemberingofthelatterkingdom,whencewasformedthatofBactriana,didnotproveinanywayprejudicialtothiscommerce。
MarinustheTyrian,quotedbyPtolemy,[125]mentionsthediscoveriesmadeinIndiabymeansofsomeMacedonianmerchants,whofoundoutnewroads,whichhadbeenunknowntokingsintheirmilitaryexpeditions。WefindinPtolemy[126]thattheywentfromPeter’stower[127]asfarasSera;andthediscoverymadebymercantilepeopleofsodistantamart,situatedinthenorth—eastpartofChina,wasakindofprodigy。Hence,underthekingsofSyriaandBactriana,merchandisewasconveyedtothewestfromthesouthernpartsofIndia,bytheriverIndus,theOxus,andtheCaspianSea;whilethoseofthemoreeasternandnorthernpartsweretransportedfromSera,Peter’stower,andotherstaples,asfarastheEuphrates。Thosemerchantsdirectedtheirroutenearlybythefortiethdegreeofnorthlatitude,throughcountriessituatedtothewestofChina,morecivilisedatthattimethanatpresent,becausetheyhadnotasyetbeeninfestedbytheTartars。
NowwhiletheSyrianempirewasextendingitstradetosuchadistancebyland,Egyptdidnotgreatlyenlargeitsmaritimecommerce。
TheParthianssoonafterappeared,andfoundedtheirempire;andwhenEgyptfellunderthepoweroftheRomans,thisempirewasatitsheight,andhadreceiveditswholeextension。
TheRomansandParthiansweretworivalnations,thatfoughtnotfordominionbutfortheirveryexistence。Betweenthetwoempiresdesertswereformedandarmieswerealwaysstationedonthefrontiers;sothatinsteadoftherebeinganycommerce,therewasnotsomuchascommunicationbetweenthem。Ambition,jealousy,religion,nationalantipathy,anddifferenceofmannerscompletedtheseparation。Thusthetradefromeasttowest,whichhadformerlysomanychannels,wasreducedtoone;andAlexandriabecomingtheonlystaple,thetradetothiscitywasimmenselyenlarged。
Weshallsaybutonewordoftheirinlandtrade。ItsprincipalbranchwasthecornbroughttoRomeforthesubsistenceofthepeople;butthiswasratherapoliticalaffairthanapointofcommerce。Onthisaccountthesailorswerefavouredwithsomeprivileges,becausethesafetyoftheempiredependedontheirvigilance。[128]
17。OfCommerceaftertheDestructionoftheWesternEmpire。AftertheinvasionoftheRomanempireoneeffectofthegeneralcalamitywasthedestructionofcommerce。Thebarbarousnationsatfirstregardeditonlyasanopportunityforrobbery;andwhentheyhadsubduedtheRomans,theyhonoureditnomorethanagriculture,andtheotherprofessionsofaconqueredpeople。
SoonwasthecommerceofEuropealmostentirelylost。Thenobility,whohadeverywherethedirectionofaffairs,wereinnopainaboutit。
ThelawsoftheVisigoths[129]permittedprivatepeopletooccupyhalfthebedsofgreatrivers,providedtheotherhalfremainedfreefornetsandboats。Theremusthavebeenverylittletradeincountriesconqueredbythesebarbarians。
Inthosetimeswereestablishedtheridiculousrightsofescheatageandshipwrecks。Thesementhoughtthat,asstrangerswerenotunitedtothembyanycivillaw,theyowedthemontheonehandnokindofjustice,andontheothernosortofpity。
Inthenarrowboundswhichnaturehadoriginallyprescribedtothepeopleofthenorth,allwerestrangerstothem:andintheirpovertytheyregardedallonlyascontributingtotheirriches。Beingestablished,beforetheirconquest,onthecoastsofaseaofverylittlebreadth,andfullofrocks,fromtheseveryrockstheydrewtheirsubsistence。
ButtheRomans,whomadelawsforalltheworld,hadestablishedthemosthumaneoneswithregardtoshipwrecks。[130]Theysuppressedtherapineofthosewhoinhabitedthecoasts,andwhatwasmorestill,therapacityoftheirtreasuries。[131]
18。AparticularRegulation。ThelawoftheVisigothsmade,however,oneregulationinfavourofcommerce。[132]Itordainedthatforeignmerchantsshouldbejudged,inthedifferencesthataroseamongthemselves,bythelawsandbyjudgesoftheirownnation。Thiswasfoundedonanestablishedcustomamongallmixedpeople,thateverymanshouldliveunderhisownlaw——acustomofwhichIshallspeakmoreatlargeinanotherplace。
19。OfCommerceaftertheDecayoftheRomanPowerintheEast。TheMahomedansappeared,conquered,extended,anddispersedthemselves。
Egypthadparticularsovereigns;thesecarriedonthecommerceofIndia,andbeingpossessedofthemerchandiseofthiscountry,drewtothemselvestherichesofallothernations。ThesultansofEgyptwerethemostpowerfulprincesofthosetimes。Historyinformsuswithwhataconstantandwell—regulatedforcetheystoppedtheardour,thefire,andtheimpetuosityofthecrusades。
20。HowCommercebrokethroughtheBarbarismofEurope。Aristotle’sphilosophybeingcarriedtothewest,pleasedthesubtlegeniuseswhowerethevirtuosiofthosetimesofignorance。Theschoolmenwereinfatuatedwithit,andborrowedfromthatphilosopher[133]agreatmanynotionsonlendinguponinterest,whereasitssourcemighthavebeeneasilytracedinthegospel;inshort,theycondemneditabsolutelyandinallcases。Hencecommerce,whichwastheprofessiononlyofmeanpersons,becamethatofknaves;forwheneverathingisforbidden,whichnaturepermitsornecessityrequires,thosewhodoitarelookeduponasdishonest。
Commercewastransferredtoanationcoveredwithinfamy,andsoonrankedwiththemostshamefulusury,withmonopolies,withthelevyingofsubsidies,andwithallthedishonestmeansofacquiringwealth。
TheJews,enrichedbytheirexactions,werepillagedbythetyrannyofprinces;whichpleasedindeed,butdidnotease,thepeople。[134]
WhatpassedinEnglandmayservetogiveusanideaofwhatwasdoneinothercountries。KingJohn[135]havingimprisonedtheJews,inordertoobtaintheirwealth,therewerefewwhohadnotatleastoneoftheireyespluckedout。Thusdidthatkingadministerjustice。AcertainJew,whohadatoothpulledouteverydayforsevendayssuccessively,gavetenthousandmarksofsilverfortheeighth。HenryIIIextortedfromAaron,aJewatYork,fourteenthousandmarksofsilver,andtenthousandforthequeen,inthosetimestheydidbyviolencewhatisnowdoneinPolandwithsomesemblanceofmoderation。Asprincescouldnotdiveintothepursesoftheirsubjectsbecauseoftheirprivileges,theyputtheJewstothetorture,whowerenotconsideredascitizens。
AtlastacustomwasintroducedofconfiscatingtheeffectsofthoseJewswhoembracedChristianity。Thisridiculouscustomisknownonlybythelawwhichsuppressedit。[136]Themostvainandtriflingreasonsweregiveninjustificationofthatproceeding;itwasallegedthatitwaspropertotrythem,inordertobecertainthattheyhadentirelyshakenofftheslaveryofthedevil。Butitisevidentthatthisconfiscationwasaspeciesoftherightofamortisation,torecompensetheprince,orthelords,forthetaxesleviedontheJews,whichceasedontheirembracingChristianity。[137]Inthosetimes,men,likelands,wereregardedasproperty。Icannothelpremarking,bytheway,howthisnationhasbeensportedwithfromoneagetoanother:atonetime,theireffectswereconfiscatedwhentheywerewillingtobecomeChristians;
andatanother,iftheyrefusedtoturnChristians,theywereorderedtobeburned。
Inthemeantime,commercewasseentoarisefromthebosomofvexationanddespair。TheJews,proscribedbyturnsfromeverycountry,foundoutthewayofsavingtheireffects。Thustheyrenderedtheirretreatsforeverfixed;forthoughprincesmighthavebeenwillingtogetridoftheirpersons,yettheydidnotchoosetogetridoftheirmoney。
TheJewsinventedlettersofexchange;[138]commerce,bythismethod,becamecapableofeludingviolence,andofmaintainingeverywhereitsground;therichestmerchanthavingnonebutinvisibleeffects,whichhecouldconveyimperceptiblywhereverhepleased。
TheTheologianswereobligedtolimittheirprinciples;andcommerce,whichtheyhadbeforeconnectedbymainforcewithknavery,reentered,ifImaysoexpressmyself,thebosomofprobity。
Thusweowetothespeculationsoftheschoolmenallthemisfortuneswhichaccompaniedthedestructionofcommerce;[139]andtotheavariceofprinces,theestablishmentofapracticewhichputsitinsomemeasureoutoftheirpower。
Fromthistimeitbecamenecessarythatprincesshouldgovernwithmoreprudencethantheythemselvescouldeverhaveimagined;forgreatexertionsofauthoritywere,intheevent,foundtobeimpolitic;andfromexperienceitismanifestthatnothingbutthegoodnessandlenityofagovernmentcanmakeitflourish。
WebegintobecuredofMachiavelism,andrecoverfromiteveryday。
Moremoderationhasbecomenecessaryinthecouncilsofprinces。Whatwouldformerlyhavebeencalledamaster—strokeinpoliticswouldbenow,independentofthehorroritmightoccasion,thegreatestimprudence。
Happyisitformenthattheyareinasituationinwhich,thoughtheirpassionspromptthemtobewicked,itis,nevertheless,totheirinteresttobehumaneandvirtuous。
21。TheDiscoveryoftwonewWorlds,andinwhatMannerEuropeisaffectedbyit。Thecompassopened,ifImaysoexpressmyself,theuniverse。AsiaandAfricawerefound,ofwhichonlysomeborderswereknown;andAmerica,ofwhichweknewnothing。
ThePortuguese,sailingontheAtlanticOcean,discoveredthemostsouthernpointofAfrica;theysawavastsea,whichcarriedthemtotheEastIndies。Theirdangeruponthissea,thediscoveryofMozambique,Melinda,andCalicut,havebeensungbyCamoens,whosepoemsmakeusfeelsomethingofthecharmsoftheOdysseyandthemagnificenceofthe?neid。
TheVenetianshadhithertocarriedonthetradeoftheIndiesthroughtheTurkishdominions,andpursueditinthemidstofoppressionsanddiscouragements。BythediscoveryoftheCapeofGoodHope,andthosewhichweremadesometimeafter,Italywasnolongerthecentreofthetradingworld;itwas,ifImaybepermittedtheexpression,onlyacorneroftheuniverse,andissostill。ThecommerceevenoftheLevantdependingnowonthatofthegreattradingnationstoboththeIndies,Italyeveninthatbranchcannolongerbeconsideredasaprincipal。
ThePortuguesetradedtotheIndiesinrightofconquest。TheconstraininglawswhichtheDutchatpresentimposeonthecommerceofthelittleIndianprinceshadbeenestablishedbeforebythePortuguese。[140]
ThefortuneofthehouseofAustriawasprodigious。CharlesVsucceededtothepossessionofBurgundy,Castile,andAragon;hearrivedafterwardsattheimperialdignity;andtoprocurehimanewkindofgrandeur,theglobeextendeditself,andtherewasseenanewworldpayinghimobeisance。
ChristopherColumbusdiscoveredAmerica;andthoughSpainsentthitheronlyaforcesosmallthattheleastprinceinEuropecouldhavesentthesame,yetitsubduedtwovastempires,andothergreatstates。
WhiletheSpaniardsdiscoveredandconqueredthewest,thePortuguesepushedtheirconquestsanddiscoveriesintheeast。Thesetwonationsmeteachother;theyhadrecoursetoPopeAlexanderVI,whomadethecelebratedlineofpartition,anddeterminedthegreatsuit。
ButtheothernationsofEuropewouldnotsufferthemquietlytoenjoytheirshares。TheDutchchasedthePortuguesefromalmostalltheirsettlementsintheEastIndies;andseveralothernationsplantedcoloniesinAmerica。
TheSpaniardsconsideredthesenewly—discoveredcountriesasthesubjectofconquest;whileothers,morerefinedintheirviews,foundthemtobethepropersubjectsofcommerce,anduponthisprincipledirectedtheirproceedings。Henceseveralnationshaveconductedthemselveswithsomuchwisdomthattheyhavegivenakindofsovereigntytocompaniesofmerchants,who,governingthesefar—distantcountriesonlywithaviewtotrade,havemadeagreataccessorypowerwithoutembarrassingtheprincipalstate。
Thecoloniestheyhaveformedareunderakindofdependence,ofwhichtherearebutveryfewinstancesinallthecoloniesoftheancients;
whetherweconsiderthemasholdingsofthestateitself,orofsometradingcompanyestablishedinthestate。
Thedesignofthesecoloniesistotradeonmoreadvantageousconditionsthancouldotherwisebedonewiththeneighbouringpeople,withwhomalladvantagesarereciprocal。Ithasbeenestablishedthatthemetropolis,[141]ormothercountry,aloneshalltradeinthecolonies,andthatfromverygoodreason;becausethedesignofthesettlementwastheextensionofcommerce,notthefoundationofacityorofanewempire。
ThusitisstillafundamentallawofEuropethatallcommercewithaforeigncolonyshallberegardedasameremonopoly,punishablebythelawsofthecountry;andinthiscasewearenottobedirectedbythelawsandprecedentsoftheancients,whicharenotatallapplicable。[142]
Itislikewiseacknowledgedthatacommerceestablishedbetweenthemothercountriesdoesnotincludeapermissiontotradeinthecolonies;
forthesealwayscontinueinastateofprohibition。
Thedisadvantageofacolonythatlosesthelibertyofcommerceisvisiblycompensatedbytheprotectionofthemothercountry,whodefendsitbyherarms,orsupportsitbyherlaws。
HencefollowsathirdlawofEurope,thatwhenaforeigncommercewithacolonyisprohibited,itisnotlawfultotradeinthoseseas,exceptinsuchcasesasareexceptedbytreaty。Nationswhoare,withrespecttothewholeglobe,whatindividualsareinastate,aregovernedlikethelatterbythelawsofnature,andbyparticularlawsoftheirownmaking。Onenationmayresigntoanotherthesea,aswellastheland。
TheCarthaginiansforbadetheRomanstosailbeyondcertainlimits,[143]
astheGreekshadobligedtheKingofPersiatokeepasfardistantfromthesea—coastasahorsecouldgallop。[144]
Thegreatdistanceofourcoloniesisnotaninconveniencethataffectstheirsafety;forifthemothercountry,onwhomtheydependfortheirdefence,isremote,nolessremotearethosenationswhorivalthemothercountry,andbywhomtheymaybeafraidofbeingconquered。
Besides,thisdistanceisthecausethatthosewhoareestablishedtherecannotconformtothemanneroflivinginaclimatesodifferentfromtheirown;theyareobligedthereforetodrawfromthemothercountryalltheconveniencesoflife。TheCarthaginians,[145]torendertheSardiniansandCorsicansmoredependent,forbadetheirplanting,sowing,ordoinganythingofthekind,underpainofdeath;sothattheysuppliedthemwithnecessariesfromAfrica。
TheEuropeanshavecompassedthesamething,withouthavingrecoursetosuchseverelaws。OurcoloniesintheCaribbeanislandsareunderanadmirableregulationinthisrespect;thesubjectoftheircommerceiswhatweneitherhavenorcanproduce;andtheywantwhatisthesubjectofours。
AconsequenceofthediscoveryofAmericawastheconnectingAsiaandAfricawithEurope;itfurnishedmaterialsforatradewiththatvastpartofAsiaknownbythenameoftheEastIndies。Silver,thatmetalsousefulasthemediumofcommerce,becamenowasmerchandisethebasisofthegreatestcommerceintheworld。Infine,thenavigationtoAfricabecamenecessaryinordertofurnishuswithmentolabourinthemines,andtocultivatethelandsofAmerica。
Europehasarrivedatsohighadegreeofpowerthatnothinginhistorycanbecomparedwithit,whetherweconsidertheimmensityofitsexpenses,thegrandeurofitsengagements,thenumberofitstroops,andtheregularpaymentsevenofthosethatareleastserviceable,andwhicharekeptonlyforostentation。
FatherDuHaldesays[146]thattheinteriortradeofChinaismuchgreaterthanthatofallEurope。Thatmightbe,ifourforeigntradedidnotaugmentourinlandcommerce。Europecarriesonthetradeandnavigationoftheotherthreepartsoftheworld;asFrance,England,andHollanddonearlythatofEurope。
22。OftheRicheswhichSpaindrewfromAmerica。IfEuropehasderivedsomanyadvantagesfromtheAmericantrade,itseemsnaturaltoimaginethatSpainmusthavederivedmuchgreater。[147]Shedrewfromthenewly—
discoveredworldsoprodigiousaquantityofgoldandsilver,thatallwehadbeforecouldnotbecomparedwithit。
But(whatonecouldneverhaveexpected)thisgreatkingdomwaseverywherebaffledbyitsmisfortunes。PhilipII,whosucceededCharlesV,wasobligedtomakethecelebratedbankruptcyknowntoalltheworld。
Thereneverwasaprincewhosufferedmorefromthemurmurs,theinsolence,andtherevoltoftroopsconstantlyill—paid。
FromthattimethemonarchyofSpainhasbeenincessantlydeclining。
Thishasbeenowingtoaninteriorandphysicaldefectinthenatureofthoseriches,whichrendersthemvain——adefectwhichincreaseseveryday。
Goldandsilverareeitherafictitiousorarepresentativewealth。Therepresentativesignsofwealthareextremelydurable,and,intheirownnature,butlittlesubjecttodecay。Butthemoretheyaremultiplied,themoretheylosetheirvalue,becausethefewerarethethingswhichtheyrepresent。
TheSpaniards,aftertheconquestofMexicoandPeru,abandonedtheirnaturalriches,inpursuitofarepresentativewealthwhichdailydegradeditself。GoldandsilverwereextremelyscarceinEurope,andSpainbecomingallofasuddenmistressofaprodigiousquantityofthesemetals,conceivedhopestowhichshehadneverbeforeaspired。Thewealthshefoundintheconqueredcountries,greatasitwas,didnot,however,equalthatoftheirmines。TheIndiansconcealedpartofit;
andbesides,thesepeople,whomadenootheruseofgoldandsilverthantogivemagnificencetothetemplesoftheirgodsandtothepalacesoftheirkings,soughtnotforitwithanavaricelikeours。Inshort,theyhadnotthesecretofdrawingthesemetalsfromeverymine;butonlyfromthoseinwhichtheseparationmightbemadewithfire:theywerestrangerstothemannerofmakinguseofmercury,andperhapstomercuryitself。
However,itwasnotlongbeforethespecieofEuropewasdoubled;thisappearedfromthepriceofcommodities,whicheverywherewasdoubled。
TheSpaniardsrakedintothemines,scoopedoutmountains,inventedmachinestodrawoutwater,tobreaktheore,andseparateit;andastheysportedwiththelivesoftheIndians,theyforcedthemtolabourwithoutmercy。ThespecieofEuropesoondoubled,andtheprofitofSpaindiminishedinthesameproportion;theyhadeveryyearthesamequantityofmetal,whichhadbecomebyone—halflessprecious。
Indoublethetimethespeciestilldoubled,andtheprofitstilldiminishedanotherhalf。