vail. When he is told through what extent of territory we muſt travel to ſubdue them, he recollects how far, a few years ago, we travelled in their defence. When it is urged that they will ſhoot up like the Hydra, he naturally conſiders how the Hydra was deſtroyed.
Nothing dejects a trader like the interruption of his profits. A commercial people, however magnanimous, ſhrinks at the thought of declining traffick, and an unfavourable balance. The effect of this terrour has been tried. We have been ſtunned with the importance of our American commerce, and heard of merchants with warehouſes that are never to be emptied, and of manufacturers ſtarving for want of work.
That our commerce with America is profitable, however leſs than oſtentatious or deceitful eſtimates have made it, and that
