At this time, the Dutch, who were oppressed by the Spaniards, and feared yet greater evils than they felt, resolved no longer to endure the insolence of their masters:  they, therefore, revolted; and, after a struggle, in which they were assisted by the money and forces of Elizabeth, erected an independent and powerful commonwealth.

When the inhabitants of the Low Countries had formed their system of government, and some remission of the war gave them leisure to form schemes of future prosperity, they easily perceived, that, as their territories were narrow, and their numbers small, they could preserve themselves only by that power which is the consequence of wealth; and that, by a people whose country produced only the necessaries of life, wealth was not to be acquired, but from foreign dominions, and by the transportation of the products of one country into another.

From this necessity, thus justly estimated, arose a plan of commerce, which was, for many years, prosecuted with industry and success, perhaps never seen in the world before, and by which the poor tenants of mud-walled villages, and impassable bogs, erected themselves into high and mighty states, who put the greatest monarchs at defiance, whose alliance was courted by the proudest, and whose power was dreaded by the fiercest nation.  By the establishment of this state, there arose, to England, a new ally, and a new rival.

At this time, which seems to be the period destined for the change of the face of Europe, France began first to rise into power, and, from defending her own provinces with difficulty and fluctuating success, to threaten her neighbours with encroachments and devastations.  Henry the fourth having, after a long struggle, obtained the crown, found it easy to govern nobles, exhausted and wearied with a long civil war, and having composed the disputes between the protestants and papists, so as to obtain, at least, a truce for both parties, was at leisure to accumulate treasure, and raise forces, which he purposed to have employed in a design of settling for ever the balance of Europe.  Of this great scheme he lived not to see the vanity, or to feel the disappointment; for he was murdered in the midst of his mighty preparations.

The French, however, were, in this reign, taught to know their own power; and the great designs of a king, whose wisdom they had so long experienced, even though they were not brought to actual experiment, disposed them to consider themselves as masters of the destiny of their neighbours; and, from that time, he that shall nicely examine their schemes and conduct, will, I believe, find that they began to take an air of superiority, to which they had never pretended before; and that they have been always employed, more or less openly, upon schemes of dominion, though with frequent interruptions from domestick troubles, and with those intermissions which human counsels must always suffer, as men intrusted with great affairs are dissipated in youth, and languid in age; are embarrassed by competitors, or, without any external reason, change their minds.