To enter into a long detail on this subject it is not necessary; but no sooner were the hostilities at an end, than the American states bought more of our manufactures than ever.  Their laws and manners are similar to our own, the same language, and a government evidently approaching as near to ours as a republican well can to a monarchical form.  There is not, at this time, any branch of trade, either so great in its amount, or beneficial in its nature, as that with the United States; with this farther advantage, that it is every day augmenting, {205} and as no country ever increased so fast in population and wealth, so none ever promised to afford so extensive a market for our mannfactures =sic= as the United States.  This market is the more secure, that it will not be the interest of the people who have got possession of that immense tract of country to neglect agriculture and become manufacturers, for a long period of time.

The greatest project, by which any nation ever endeavoured to enrich itself, was certainly that of peopling America with a civilized race of inhabitants.  It was a fair and legitimate mode of extending her means of acquiring riches; but Britain failed in the manner of obtaining her object, though not in the object itself, and

—–­ {205} By this is not literally meant, that the trade every year is greater than the preceding, but that it continues to increase. -=-

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the United States promise to support the industry of England, now that it has humbled its ambition, far more than both the Indies, which gratify it so much.

It is highly probable, that America will increase more rapidly in wealth and population than in manufactures, such as she at present takes from great Britain; but if the ratio merely continues the same that it is now, the purpose will be completely answered, and a market for British manufactures insured for ages to come.  In 1802, by the last census, the inhabitants of the United States amounted to about eight millions; and, for several years together, the exports of British goods have amounted to seven millions, so that it is fair to reckon a consumption equal to sixteen shillings a year to each person.  It was about the same in 1774, previous to the revolt; and, as the population doubles in about fifteen years, in the course of thirty years more, the exports to that country alone would amount to 24,000,000 L. provided we continue to be able to sell at such rates as not to be undersold by others =sic= nations in the American market.

There is nothing great, nothing brilliant, in this commerce, all is solid and good; it is a connection founded on mutual wants and mutual conveniencey, not on monopoly, restriction, or coercion; for that reason it will be the more durable, and ought to be the more valued; but it is not.  Governments, like individuals, are most attached to what is dear to purchase and difficult to keep.  It is to be hoped, however, that this matter will be seen in its true light.