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But the looms in Spittle-Fields, and the shops on Ludgate-Hill have at last sufficiently taught us another lesson ... these Hugonots have ... partly got, and partly saved, in the space of fifty years, a balance in our favour of, at least, fifty millions sterling.... And as England and France are rivals to each other, and competitors in almost all branches of commerce, every single manufacturer so coming over, would be our gain, and a double loss to France."
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