Adam Smith：The Wealth of Nations, Book IV, Chapter VI, Paragraph 1267

Our merchants were, some years ago, out of humour with the crown of Portugal. Some privileges which had been granted them, not by treaty, but by the free grace of that crown, at the solicitation, indeed, it is probable, and in return for much greater favours, defence and protection from the crown of Great Britain, had been either infringed or revoked. The people, therefore, usually most interested in celebrating the Portugal trade, were then rather disposed to represent it as less advantageous than it had commonly been imagined. The far greater part, almost the whole, they pretended, of this annual importation of gold, was not on account of Great Britain, but of other European nations; the fruits and wines of Portugal annually imported into Great Britain nearly compensating the value of the British goods sent thither.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book IV, Chapter VI, paragraph 1267 · Verified：2026-10-19 · Verification：Exact match

This is a direct reading: the original and source are kept; commentary will be added later.

公版英文原典；批量导入，未附中文解读。

This text is in the public domain. The edition and source link are above. Copyright

← Back to the library