Meaning: The quote "In matters of commerce the fault of the Dutch Is offering too little and asking too much. The French are with equal advantage content, So we clap on Dutch bottoms just twenty per cent." by George Canning, a British statesman, reflects the historical economic and political dynamics between England, the Netherlands, and France during the 18th and 19th centuries. This quote encapsulates the complex and often contentious relationships that characterized European trade and diplomacy during this period.

George Canning, who served as Foreign Secretary and later as Prime Minister of the United Kingdom, was known for his wit and eloquence. In this particular quote, he is highlighting the perceived mercantile practices of the Dutch and the French, as well as England's response to them.

The first part of the quote, "In matters of commerce the fault of the Dutch Is offering too little and asking too much," suggests that the Dutch were seen as engaging in unfair or unfavorable trade practices. This could refer to the Dutch being stingy in their offers while simultaneously demanding high prices for their goods and services. Canning's use of the word "fault" indicates that he viewed these practices as blameworthy or detrimental to England's commercial interests.

The second part of the quote, "The French are with equal advantage content, So we clap on Dutch bottoms just twenty per cent," contrasts the Dutch with the French. Canning implies that the French, in contrast to the Dutch, were content with more equitable trade terms. The phrase "clap on Dutch bottoms just twenty per cent" likely refers to the imposition of tariffs or duties on Dutch goods entering England. This protectionist measure was aimed at making Dutch products less competitive in the English market, thus favoring domestic industries and potentially pressuring the Dutch to negotiate more favorable trade terms.

Historically, the economic rivalry between England and the Dutch Republic (later the Netherlands) was long-standing and complex. Both nations were major maritime powers with extensive colonial empires and global trading networks. Competition for control of trade routes, colonies, and markets often led to tensions and conflicts. The quote captures the economic and diplomatic maneuvering that took place as each nation sought to gain advantage in the international trade arena.

Furthermore, the quote also reflects the broader geopolitical context of the time. The late 18th and early 19th centuries were marked by the Napoleonic Wars, in which England and France were often bitter enemies. Canning's reference to the French being "content" may be a subtle nod to the diplomatic and military efforts to maintain a balance of power in Europe and to contain French influence.

Overall, George Canning's quote provides insight into the intricate web of trade relations, economic rivalries, and diplomatic strategies that characterized European geopolitics during the period. It sheds light on the mercantilist policies and protectionist measures employed by nations to safeguard their economic interests and assert their influence in the global arena.

In conclusion, George Canning's quote offers a glimpse into the economic and diplomatic complexities of the era, underscoring the interplay of trade, power politics, and national interests. It serves as a reminder of the enduring significance of commerce and diplomacy in shaping the course of history.