That great numbers of our trading vessels have been seized by the Spaniards, and that our commerce has, therefore, been very much embarrassed and interrupted, is sufficiently manifest; but to me, my lords, this appears one of the certain and necessary consequences of war, which are always to be expected, and to be set in our consultations against the advantages which we propose to obtain.  It is as rational to expect, that of an army sent against our enemies, every man should return unhurt to his acquaintances, as that every merchant should see his ship and cargo sail safely into port.

If we examine, my lords, the late war, of which the conduct has been so lavishly applauded, in which the victories which we obtained have been so loudly celebrated, and which has been proposed to the imitation of all future ministers, it will appear, that our losses of the same kind were then very frequent, and, perhaps, not less complained of, though the murmurs are now forgotten, and the acclamations transmitted to posterity, because we naturally relate what has given us satisfaction, and suppress what we cannot recollect without uneasiness.

If we look farther backward, my lords, and inquire into the event of any other war in which we engaged since commerce has constituted so large a part of the interest of this nation, I doubt not but in proportion to our trade will be found our losses; and in all future wars, as in the present, I shall expect the same calamities and the same complaints.  For the escape of any number of ships raises no transport, nor produces any gratitude; but the loss of a few will always give occasion to clamours and discontent.  For vigilance, however diligent, can never produce more safety than will be naturally expected from our incontestable superiority at sea, by which a great part of the nation is so far deceived as to imagine, that because we cannot be conquered, we cannot be molested.

Nor do I see how it is possible to employ our power more effectually for the protection of our trade than by the method now pursued of covering the ocean with our fleets, and stationing our ships of war in every place where danger can be apprehended.  If it be urged, that the inefficacy of our measures is a sufficient proof of their impropriety, it will be proper to substitute another plan of operation, of which the success may be more probable.  To me, my lords, the loss of some of our mercantile vessels shows only the disproportion between the number of our ships of war, and the extent of the sea, which is a region too vast to be completely garrisoned, and of which the frequenters must inevitably be subject to the sudden incursions of subtle rovers.