She loses so much carrying trade, and that means of keeping up the small degree of naval power she holds: for which policy alone, and not for any commercial gain, she maintains the Cape, or any settlement beyond it.
Edmund Burke: “She loses so much carrying trade, and that means of keeping up the small degree of naval power she holds: for which…”
Editor's note · Context
Burke notes that Holland's decline in trade affects its naval power, which is crucial for its survival.
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They look on the frame of their commonwealth, such as it stands, to be of inestimable value; and they conceive the undisturbed succession of the crown to be a pledge of the stability and perpetuity of all the other members of our…
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