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Updated: May 16, 2025
Leaning on the parapet of Blackfriar's Bridge, and gazing meditatively, the breadth and calm of the river, with its long vista half hazy, half luminous, the grand dim masses of tall forms of buildings which were the signs of world-commerce, the oncoming of boats and barges from the still distance into sound and color, entered into his mood and blent themselves indistinguishably with his thinking, as a fine symphony to which we can hardly be said to listen, makes a medium that bears up our spiritual wings.
The first fleet was intended chiefly with a view to coast defence, while the new fleet was to assure "the economic development of Germany, especially of its world-commerce."
There was also a stratum of Hellenistic culture in their domains, and they took on something of that. When they conquered Babylonia, it was inevitable that they should move their headquarters down into that richest and most thickly-populated part of their realm to Seleucia, the natural capital, one might suppos? a huge Hellenistic city well organized for world-commerce.
Trade, particularly international, and to a greater degree world-commerce demanded for its development the free and unrestricted possessors of commodities, who have equality of right to exchange commodities at least in one and the same place.
Particularly was this true of the sea routes followed by the East and West India, and the Baltic, Virginia, Newfoundland, Dutch and Greenland trades, where these converged upon such centres of world-commerce as London, Poole, Bristol, Liverpool and the great northern entrepots on the Forth and Clyde, the Humber and the Tyne.
There were civilisations in Egypt, Assyria, Babylonia, Etruria; discrete civilisations of the river valleys, mostly, which scarcely came into contact with one another in their first beginnings; any more than our own came into contact once with the civilisations of China, of Japan, of Peru, of Mexico. As yet there was no world-commerce, no mutual communication of empire with empire.
And he shrugged his shoulders many times and made clucking noises at the roof of his voice, like a hen calling to a brood of roving chickens. "They grew soft," he resumed; "great world-commerce brings great luxury, and luxury brings softness. They had everything to warn them, things happening in their own time and before their eyes, and they would not be warned.
This thought had sent the world's greed scurrying down the hot, mysterious coasts of Africa to the Good Hope of gain, until for the first time a real world-commerce was born, albeit it started as a commerce mainly in the bodies and souls of men.
From the bow and arrow, from the stone knife and the exceptional and occasional trading intercourse of the barbarian to the steam engine with its thousands of horse-power, to the mechanical weaving machine, to the railway and the Bank of England is a tremendous leap. The Patagonians do not have production on a large scale and world-commerce any more than they have swindling or bankruptcy.
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