"The French King hath often enter'd on several expensive Projects, on purpose to dissipate the Wealth that is continually gathering in his Coffers in times of peace... But if he once engrosses the commerce of the Spanish Indies, whatever Quantities of Gold and Silver stagnate in his private Coffers, there will be still enough to carry on the Circulation among his Subjects. By this means in a short space of time he may heap up greater Wealth than all the Princes of Europe join'd together; and in the present Constitution of the World, Wealth and Power are but different Names for the same thing. Let us therefore suppose that after eight or ten Years of Peace, he hath a mind to infringe any of his Treaties, or invade a neighbouring State; to revive the pretensions of Spain upon Portugal, or attempt the taking those Places which were granted us for our Security; what Resistance, what Opposition can we make to so formidable an Enemy? Shou'd the same Alliance rise against him that is now in War with him, what cou'd we hope for from it, at a time when the States engag'd in it will be comparatively weaken'd, and the Enemy who is now able to keep them at a stand, will have receiv'd so many new Accessions of Strength."