Note 364 — Chapter IV

Sir Theodore Janson, in his General Maxims of Trade, published in 1713, lays it down as a principle universally recognized, that ‘All the nations of Europe seem to strive who shall outwit one another in point of trade; and they concur in this maxim, that the less they consume of foreign commodities, the better it is for them.’ Somers' Tracts, vol. xiii. p. 292. Thus, too, in a Dialogue between an Englishman and a Dutchman, published in 1700, the Dutchman is represented as boasting that his government had ‘forced treaties of commerce exclusive to all other nations.’ Somers' Tracts, vol. xi. p. 376. This is the system of ‘narrow selfishness’ denounced by Dr. Story, in his noble work, Conflict of Laws, 1841, p. 32.