Undoubtedly the Mercantile System encouraged the development of young industries in certain countries where there never had been any manufacturing before. It built roads and dug canals and made for better means of transportation. It demanded greater skill among the workmen and gave the merchant a better social position, while it weakened the power of the landed aristocracy.
[Illustration: HOW EUROPE CONQUERED THE WORLD]
On the other hand, it caused very great misery. It made the natives in the colonies the victims of a most shameless exploitation. It exposed the citizens of the home country to an even more terrible fate. It helped in a great measure to turn every land into an armed camp and divided the world into little bits of territory, each working for its own direct benefit, while striving at all times to destroy the power of its neighbours and get hold of their treasures. It laid so much stress upon the importance of owning wealth that "being rich" came to be regarded as the sole virtue of the average citizen. Economic systems come and go like the fashions in surgery and in the clothes of women, and during the nineteenth century the Mercantile System was discarded in favor of a system of free and open competition. At least, so I have been told.
AT THE END OF THE EIGHTEENTH CENTURY EUROPE HEARD STRANGE REPORTS OF SOMETHING WHICH HAD HAPPENED IN THE WILDERNESS OF THE NORTH AMERICAN CONTINENT. THE DESCENDANTS OF THE MEN WHO HAD PUNISHED KING CHARLES FOR HIS INSISTENCE UPON HIS "DIVINE RIGHTS" ADDED A NEW CHAPTER TO THE OLD STORY OF THE STRUGGLE FOR SELF-GOVERNMENT
For the sake of convenience, we ought to go back a few centuries and repeat the early history of the great struggle for colonial possessions.
As soon as a number of European nations had been created upon the new basis of national or dynastic interests, that is to say, during and immediately after the Thirty Years War, their rulers, backed up by the capital of their merchants and the ships of their trading companies, continued the fight for more territory in Asia, Africa and America.
The Spaniards and the Portuguese had been exploring the Indian Sea and the Pacific Ocean for more than a century ere Holland and England appeared upon the stage. This proved an advantage to the latter. The first rough work had already been done. What is more, the earliest navigators had so often made themselves unpopular with the Asiatic and American and African natives that both the English and the Dutch were welcomed as friends and deliverers. We cannot claim any superior virtues for either of these two races. But they were merchants before everything else. They never allowed religious considerations to interfere with their practical common sense. During their first relations with weaker races, all European nations have behaved with shocking brutality. The English and the Dutch, however, knew better where to draw the line. Provided they got their spices and their gold and silver and their taxes, they were willing to let the native live as it best pleased him.