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Works by Francis Bacon - Wikipedia
You argue thus: “Notwithstanding the large landed estates possessed by the British subjects in the different parts of the world, they must be considered as a commercial manufacturing people. The welfare, perhaps the existence, of Great Britain as an independent or sovereign state depends upon her manufactures and trade; and many people in America think that her manufactures and commerce depend in a great measure on her intercourse with her colonies; insomuch that if this should be neglected her commerce would decline and die away, her wealth would cease, and her maritime power be at an end. If these observations be just, they establish the right of the British Parliament to regulate the commerce of the whole empire, beyond possibility of contradiction; a denial of it would be a denial of a right in the British empire to preserve itself. They prove also that all parts of the empire must be subject to the British Parliament, for otherwise the trade of the whole cannot be regulated. They point out also the best mode of raising such a revenue as is necessary for the support and defence of the government, viz.: by duties on imports and exports, because these are attended with the least inconvenience to the subject, and may be so managed as to raise a revenue and regulate the trade at the same time.
Francis Bacon is considered one of the fathers of modern science
With respect to the justice of submitting to impositions on our trade for the purpose of raising a revenue to support the navy by which it is protected, I answer that the exclusive regulation of our commerce for her own advantage is a sufficient tribute to Great Britain for protecting it. By this means a vast accession of wealth is annually thrown into her coffers. It is a matter of notoriety that the balance of trade is very much against us. After ransacking Spain, Portugal, Holland, the English, French, Spanish, Dutch, and Danish plantations, for money and bills of exchange, as remittances for the commodities we take from Great Britain, we are still always greatly in arrears to her. At a moderate computation, I am well informed that the profits she derives from us every year exceed two millions and a half sterling; and when we reflect that this sum will be continually increasing as we grow more and more populous, it must be evident that there is not the least justice in raising a revenue upon us by the imposition of special duties.