CHAPTER III OF THE EXTRAORDINARY RESTRAINTS UPON THE IMPORTATION OF GOODS OF ALMOST ALL KINDS, FROM THOSE COUN- TRIES WITH WHICH THE BALANCE IS SUPPOSED TO BE DISADVANTAGEOUS. PART I OF THE UNREASONABLENESS OF THOSE RESTRAINTS EVEN UPON THE PRINCIPLES OF THE COMMERCIAL SYSTEM TO lay extraordinary restraints upon the importation of goods of almost all kinds, from those particular coun- tries with which the balance of trade is supposed to be disadvantageous, is the second expedient by which the com- mercial system proposes to increase the quantity of gold and silver. Thus in Great Britain, Silesia lawns may be im- ported for home consumption, upon paying certain duties. But French cambrics and lawns are prohibited to be im- ported, except into the port of London, there to be ware- housed for exportation. Higher duties are imposed upon the wines of France than upon those of Portugal, or indeed of any other country. By what is called the impost 1692, a duty of five and twenty per cent., of the rate or value, was laid upon all French goods; while the goods of other na- tions were, the greater part of them, subjected to much lighter duties, seldom exceeding five per cent. The wine, brandy, salt and vinegar of France were indeed excepted; these commodities being subjected to other heavy duties, either by other laws, or by particular clauses of the same law. In 1696, a second duty of twenty-five per cent., the first not having been thought a sufficient discouragement, was imposed upon all French goods, except brandy; together with a new duty of five and twenty pounds upon the ton of -370- |