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{46} To carry on trade, capital is necessary; that is to say, there must be some means of getting an article before it can be carried away and sold. Spices, precious stones, and the other produce of the East, cost little or almost nothing amongst those who had more than they could use; and, as they produced an immense profit to merchants, they laid a foundation for those capitals that afterwards were employed in other sorts of business.
{47} Rhinocolura was merely a sort of sea port for embarking the merchandizes that had been brought across the desert from the Red Sea, It was situated at the south-east extremity or corner of the Mediterranean Sea, and till Alexandria was built was the nearest port to the Red Sea.
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turned his arms against those countries in which there was the most to be got by conquest, and from whom there was the least danger of defeat.
Before this took place, the pride and insolence of the inhabitants of Tyre and Sidon had displayed itself on more than one occasion. After having been on friendly terms with the Jews, under David and Solomon, they became their enemies, and excited the King of Babylon to take Jerusalem; by that means destroying a neighbouring and dangerous rival. The wealth of these two cities had afterwards induced the Babylonians to attack them also. Sidon was taken and destroyed; and that part of the city of Tyre fell, which was upon the main land; but the Tyre that was the place of real trade, escaped the rage of the Assyrian monarchs.
Alexander seems to have determined on destroying Tyre, in order to found Alexandria, which he placed indeed in a better situation for the eastern trade. His romantic expedition to India had in view the getting possession of the countries which had produced those gems and aromatics that were so much sought after in the other parts of the world.
Had Alexander lived, perhaps he would not have found it in his interest to depress Syria; but the division of his conquests amongst his generals gave to Egypt and Syria two different masters. They were rivals, and then every advantage that nature gave to Alexandria was improved to the highest pitch under the Ptolemys.
The river Nile, much more navigable than the Euphrates, was also better adapted for this trade, because, in coming from India, it was necessary to ascend the latter, while the other was descended. Besides this, the flat country of the Delta was cut into canals, which greatly facilitated this channel of commerce. {48}