ABSTRACT
It is a truth, which the ingenious writers of all ages have acknowledged, and constant experience has confirmed, that commerce contributes to the prosperity of states, communities, and individuals, In proportion to the wisdom of the laws and regulations upon which it is established, the privileges by which it is encouraged, and the judgment and address wherewith it is conducted. A few years are spent at the grammar-school, and perhaps a few more at the university; but of little time is allotted for the grammar-school studies, that few, very few can carry from thence the knowledge or the judgment prerequisite to university-studies; by which means a number of years is spent, and a considerable expense laid out, to very little purpose.
