Summary

John Trenchard Cato's Letter No. 64 — Trade and Naval Power the Offspring of Civil Liberty only… (1722)

It is true, that at an immense expence and infinite labour, she got together a formidable fleet, and with it got victories, and took thousands of rival ships; yet every day grew weaker as her enemies grew stronger, and could never recover a single defeat, which in Holland would have been repaired in a few more weeks than the battle was days in fighting: So impossible is it for art to contend with nature, and slavery to dispute the naval prize with liberty.
Source: Wikisource

John Trenchard Cato's Letter No. 64 — Trade and Naval Power the Offspring of Civil Liberty only… (1722)

Under such natural disadvantages, perpetual uncertainties, or rather certain oppressions, no men will embark large stocks and extensive talents for business, breed up their children to precarious employments, build forts, or plant colonies, when the breath of a weak prince, or the caprice of a corrupt favourite, shall dash at once all their labours and their hopes; and therefore it is impossible that any trade can subsist long in such a government, but what is necessary to support the luxury and vices of a court
Source: Wikisource

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