"The present is distinguished from every precenn hvjh vding age by an universal ardour of enterprise in arts and manufactures. Nations convinced at length that war is always a losing game, have converted their swords and muskets into factory implements, and now contend with each other in the bloodless but still formidable strife of trade. They no longer send troops to fight on distant fields but fabrics to drive before them those of their old adversaries in arms, and to take possession of a foreign mart. To impair the resources of a rival at home, by underselling his wares abroad, is the new belligerent system, in pursuance of which every nerve and sinew of the people are put upon the strain."
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