Page:History of merchant shipping and ancient commerce (Volume 3).djvu/115

 him, but denied that Adam Smith had brought forward evidence to support his argument. He allowed that a defensive navy was of the first importance for the welfare of the country, and that the commercial marine was the nucleus and nursery of that branch of the public service; but he emphatically contended that the way to encourage the commercial navy was to free the commerce of the country from all restrictions, impediments, and obstructions. He held that England could compete successfully with the United States and all the world in building ships, and he produced a variety of statistical statements showing the difference between protected and unprotected tonnage, one of which is especially worthy of notice. *