This page has been validated.
The World's Famous Orations
In the year 1772, which I take as a middle year between the highest and lowest of those lately laid on your table, the account was as follows:
| To North America and the West Indies | £4,791,734 |
| To Africa | 866,398 |
| To which, if you add the export trade from Scotland, which had in 1704 no existence | 364,000 |
| £6,022,132 |
From five hundred and odd thousand, it has grown to six millions. It has increased no less than twelvefold. This is the state of the Colony trade, as compared with itself at these two periods, within this century; and this is matter for meditation. But this is not all. Examine my second account. See how the export trade to the Colonies alone in 1772 stood in the other point of view, that is, as compared to the whole trade of England in 1704.
| The whole export trade of England, including that to the Colonies, in 1704 | £6,509,000 |
| Exported to the Colonies alone, in 1772 | 6,024,000 |
| Difference | £485,000 |
10
