.MTY.ODQ

5. The following general commercial maxims are invariable unless from a great change of circumstances.

1.0 That the prosperity of the landed interest of any state depends upon foreign commerce.

2.0 That the increase of the Riches of a State, depends upon exporting more in value of its native produce and manufactures, than is imported of manufactured commodities from other states.

3.0 That monopolies and exclusive Charters are very prejudicial to the Trade of a state, and therefore should be discouraged.

4.0 That the increase of trade and navigation greatly depends upon the increase of the husbandry and agriculture.

5.0 That the prosperity of our Trade depends very much on the encouragement given to our manufactures, on laws made relative Thereto.

6.0 That the Success of our Trade greatly depends on the knowledge our nobility and gentry have of all its various movements, connections, and dependencies, in a national light, as ambassadors and Senators, and more particularly, on the wise regulation of our board of trade and Plantations.

7.0 That the prosperity of our Trade depends upon the judicious manner of laying and collecting our Taxes, and upon the ease, readiness, freedom and cheapness of exportation.

8.0 That the prosperity of this Nation as well as that of her Colonies, depends very much on the harmony, mutual confidence, and extension of their commerce with each other.

9.0 That the prosperity, strength, riches, and even the well being of this kingdom, depends on our being able to sell our native produce and manufactures as cheap, and as good in quality, in foreign markets, as any other commercial state. note p.15. unclear /note