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l. The intense application of the system of monopoly, combined with the despotism of the sovereign and the priesthood, precipitated the decay of Portuguese commerce in advance of the decay of the mercantile system; and the Moors, the Persians, Holland, and Spain, dismantled Portugal Chap. XX.} of her possessions at so early a period, that she was never involved, as a leading party, in the early wars of North America. Far different were the relations of Spain with our colonial history. Thith which Spain had spread its hierarchy, its missions, its garrisons, and its inquisition, over islands and half a continent, were recognized by England; and both powers were, by their legislation, pledged to the system of colonial monopoly. Holland had emerged into existence as the advocate and example of maritime freedom, and had, moreover, been ejected from the continent of North America. Yet, as a land power, it needed the alliance of England as a barrier against France; and the aristo