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339.

repair'd by the wealth & industry of the people; but in Monarchys these are repugnant to reason, the principle effect them tending to releave Luxury from the load of taxes, which would be losing to the State the only good effect Vice produces, besides the removing the only curb it is capable of receiving.

We must not estimate the Freedom or constraint of Commerce by the freedom given to, or the constraint laid on the Merchant, for on the contrary in the most Despotic Countrys Trade has the fewest checks, while in the freest States it is cirrounded with innumerable obstacles, the Truth is wherever Commerce flourishes many taxes necessarily must be impos'd, the importatio, & exportation of Merchandise of which it consists