Note 49 — MR. BURKE. ON MOVING RESOLUTIONS FOR CONCILIATION WITH AMERICA. HOUSE OF COMMONS, MARCH 22, 1775.

Note 49, p. 202.—Burke’s reasoning has been more than justified by subsequent history. Cobden: “Writings,” i., 98, more than fifty years after Burke spoke, declared: “The people of the United States constitute our largest and most valuable connection. The business we carry on with them is nearly twice as extensive as that with any other people.” The American official returns since 1850 show that more than one third of the imports came from England, and that more than one half of the exports go to England.