Hence it happens that the raw
silk of Valencia, Murcia, and Grenada, is exported to France: the wool of
Castile, Arragon, Navarre, and Leon, to England, Holland, France, and
Italy; and these raw articles, when manufactured, are sent back to Spain,
and exchanged for the gold and silver of the American mines. France also
supplies Peru and Mexico, through Spain, receiving in return, cochineal,
indigo, hides, &c., besides a balance of eighteen or twenty million of
livres, and by the flotas, seven or eight million more. The report adds, on
this head, that latterly the English and Dutch have interfered with some
branches of this trade with Spain; and it also complains that the former
nation carry on the Levant trade to much more advantage than the French,
their woollen cloths being better and cheaper. The English also carry to
the Levant, lead, pewter, copperas, and logwood, together with a great deal
of pepper;--with these, and the money received on the coasts of Portugal,
Spain and Italy, for the dry fish and sugar they sell there on their
outward voyage, they purchase their homeward cargoes. This superiority of
England over France in the Levant trade, is ascribed in the report to the
monopoly enjoyed by Marseilles.
The report, in relation to the commerce of France with the northern nations
of Europe, observes, that it appears from the custom books, that the Dutch
had possession of almost the whole of it.
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