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THE BATAVIAN REPUBLIC
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and the East and West-India companies procured them markets in the other quarters of the globe. As the commerce of Holland declined, that of Great Britain increased, and the manufacturers of Yorkshire, to the ruin of those of Leyden, found a vent for their commodities in most of the considerable markets of America and Asia, where the English cloth became in such estimation, that Dutch merchants trading to those ports soon discovered it was to their advantage to send out English cloths in preference to the manufactures of their own country. The woollen trade of Leyden also received much injury on the continent, from the establishment of extensive looms in various parts of Germany and the Netherlands, Which then ceased to draw any considerable supplies from Holland; and the present war with England, by suspending nearly all exterior commerce, has almost filled up the measure of its misfortunes.

What advantage the restoration of peace will produce to the staple trade of Leyden, or whether it will ever revive to any extent