Excerpt from The Foreign Policy of the United States: Political and Commercial In every state with colonies, its government Of them must depend upon two factors: (i) the prevailing theory Of the dependent relation; (2) the constitutional limitations, if any, under which it lives. There are two theories to de fine the relationship between a state and its dependencies. One considers them property from which an income is to be drawn; the other considers them a kind Of trust, to be administered for the benefit Of their inhabitants. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.