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History of England, from the Accession of James the Second, the — Volume 5 by Baron Thomas Babington Macaulay Macaulay
page 62 of 321 (19%)
which might grow and flourish in Leinster and Ulster without
exciting the smallest jealousy at Norwich or at Halifax.

The King promised to do what the Commons asked; but in truth
there was little to be done. The Irish, conscious of their
impotence, submitted without a murmur. The Irish woollen
manufacture languished and disappeared, as it would, in all
probability, have languished and disappeared if it had been left
to itself. Had Molyneux lived a few months longer he would
probably have been impeached. But the close of the session was
approaching; and before the Houses met again a timely death had
snatched him from their vengeance; and the momentous question
which had been first stirred by him slept a deep sleep till it
was revived in a more formidable shape, after the lapse of
twenty-six years, by the fourth letter of The Drapier.

Of the commercial questions which prolonged this session far into
the summer the most important respected India. Four years had
elapsed since the House of Commons had decided that all
Englishmen had an equal right to traffic in the Asiatic Seas,
unless prohibited by Parliament; and in that decision the King
had thought it prudent to acquiesce. Any merchant of London or
Bristol might now fit out a ship for Bengal or for China, without
the least apprehension of being molested by the Admiralty or sued
in the Courts of Westminster. No wise man, however, was disposed
to stake a large sum on such a venture. For the vote which
protected him from annoyance here left him exposed to serious
risks on the other side of the Cape of Good Hope. The Old
Company, though its exclusive privileges were no more, and though
its dividends had greatly diminished, was still in existence, and
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