Note 223 — Chapter X
William Johnston translation
It is indeed true, that a great part of the gold and silver brought from Brasil and Spanish America, passes first into the hands of the industrious Norlanders for timber, iron, flax, hemp, linen, and other merchandize; and then goes to China and the East Indies for articles of luxury, drugs, &c. But England, at any rate, does not lose much, as it draws large revenues from its extensive possessions in India, and has in its hands almost the whole trade of that part of the world. F.