mode to pay attention and give the preference to
manufactures; but the current is, for the present, set in, in another
direction. Calculation has, till of late, been confined to mercantile
men; but, after all, they have not carried it to a very great length: and,
as to their speculative wisdom, it consists chiefly in taking a ready
advantage of some immediate object.
EXPLANATION OF PLATE NO. III.
The space from right to left is divided into years, each line
representing the year marked under and above. From the beginning of
the last century, till the year 1770, every tenth year only is expressed,
and the average amount of exports and imports only is shewn; but,
from 1770 to the present time, every year is separately represented by
a line going from the top to the bottom.
The divisions from top to bottom are millions of pounds sterling, each
representing a million, measuring from the bottom, the number of
millions indicated is marked on the right margin.
As the exports, which are expressed by a red line, increased or
diminished, the red line rises or falls, crossing the division
representing the year at the line which indicates the number of
millions to which the exports amounted that year.
The yellow line is drawn on the same principle, and represents the
imports for the same years; the difference between the two, which is
stained green, being the balance for or against England.
Thus, for example, we see that, till the year 1775, the exports rose
very fast, and were far above the imports, but that then their
proportion begun =sic= to vary; insomuch that, in 1781, the yellow
line rose above the red, when the balance in favour of England turned
against it, to the amount of a million for one year. In 1782, the balance
again became favourable; but, though the trade was increasing, the
balance was once more, in 1785, against England; ever since which it
has been more or less in our favour.
The difference between the two lines is stained pale green, when the
balance was favourable, but of a pale red when against England.
[end of page #213]
The advantages proposed by this mode of representing matters are the
same that maps and plans have over descriptions, and dimensions
written in figures; and the same accuracy is in one case as the other;
for, whatever quantities can be expressed in numbers may be
represented by lines; and, where proportional progression is the
business, what the eye does in an instant, w
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