For these Reasons, Trade cannot be carried on so cheap as in free Countries: and whoever supplies the Commodity cheapest, will command the Market. In free Countries, Men bring out their Money for their life, Pleasure, and Profit, and think of all Ways to employ it for their Interest and Advantage. New Projects are every Day invented, new Trades searched after, new Manufactures set up; and when Tradesmen have nothing to fear but from those whom they trust, Credit will run high, and they will venture in Trade for many times as much as they are worth: But in Arbitrary Countries, Men in Trade are every Moment liable to be undone, without the Guilt of Sea or Wind, without the Folly or Treachery of their Correspondents, or their own want of Care or Industry; their Wealth shall be their Snare, and their Abilities, Vigilance, and their Success shall either be their undoing, or nothing to their Advantage: Nor can they trust any one else, or any one else them, when Payment and Performance must depend upon the Honesty and Wisdom of those who often have none.
original spelling