protection affects the supply of those | metals in, ii. 317. How that supply affects the rate of interest in, ii. 322. High profits erroneously assumed to be the cause of high interest in, ii. 338. Relations of money and capital in, ii. | 339. How both prices and interest are affected by the foreign policy of, ii. 352. | Of banking in, ii. 419. Of production in, iii. 40. Large proportion borne by movable to fixed capital in, iii. 57. Phenomena of circulation exhibited in, iii. 95. Continuance of slavery in, a consequence of exhaustion of the soil of, iii. 98. Small product of slave labor | in, iii. 99. Revenue system of, iii. 191. Operation of the ad valorem system in, iii. 207. Frauds upon the revenue in, iii. 207. Growth of centralization in, iii. 224. Competition for the sale of labor in, iii. 240. Its effect in exagge- rating the evils of slavery in, iii. 240. Comparative demand for labor in the free trade and protective periods of, iii. 246. Policy of, like that of Great Britain, tends to destroy competition for the purchase of labor, or labor's products, iii. 254. Pro-slavery tenden- cies of both, iii. 261. Phenomena of population in, iii. 264. Vital statistics of, iii. 293. Supplies of food increase under the system which brings the market nearer to the farmer in, iii. 322. Necessity for emigration a consequence of the exhaustion of the soil of, iii. 337. Declining power of the older States of, iii. 338. Decline of agriculture in, iii. 340. Condition of woman in, iii. 383. Growing competition for the sale of female labor in, iii. 385. Of education | in, iii. 397. Growth of juvenile crime in, iii. 398. Flexibility of the corpo- rate principle in, iii. 419. Diminution of productive power in, iii. 432. Enor- mous tax of transportation paid by, iii. 433. Small amount of commerce of State with State, in, iii. 450. Ab- sence of the power of combination with- in the States, iii. 450. Slow growth of power in, to contribute to the commerce of the world, iii. 451. American Aborigines. Slow increase in the number of the, iii. 314. Their little tendency towards sexual intercourse, iii. 355.
policy adverse to the interests of the farmers of the world, ii. 202, iii. 254. Analogies of natural law universal, i. 224. Analogy of the two-fold life of man, to his two-fold life in society, iii. 404. Analysis required in all departments of science, i. 27. The preparation for synthesis, i. 32.
Anarchy a consequence of the absence of differences among men, iii. 460. Anatomy and Chemistry of the brain, not sufficiently developed to resolve the problems of Social Science, iii. 303, 403. Anglo-Saxons. Their standard of value, ii. 295.
Animal propensities, general predomi- nance of the, iii. 298.
Animals and vegetables mutually con- vertible into each other, i. 70. Annihilation of Indian commerce, i. 350. Anti-Christian character of the modern political economy, i. 232.
Anti-slavery advocates. How they might profit by the study of Social Science, iii. 470. Appropriation, dependence of the early settler upon his powers of, i. 202.
of, i. 215, 234. Approximation of the prices of raw mate- rials and finished products, furnishes the essential characteristic of civilization, i. 428. How exhibited in France, ii. 56. In Germany, ii. 131. Commerce and freedom grow with, ii. 269. How exhibited throughout Central and Northern Europe, ii. 275. Power of consumption grows with, ii. 276. Con- sequent upon increased rapidity of cir- culation, ii. 306. Grows with the growth of power to command the services of the precious metals, ii. 315. How de- cline in the rate of interest promotes the, ii. 350. How it affects the power of taxation, iii. 173. How it affects the condition of woman, iii. 369.
of man to man attended with diminution of the trader's power, i. 210. Artistic faculty of Great Britain. Its slight development, i. 448.
Asia, abandonment of the rich soils of, i. 142.
Association, the first and greatest of the needs of man, i. 41. Indispensable to the existence of language, i. 41. Re- quires differences, i. 83. Its slight ex- istence where employments are not diversified, i. 83. Makes of man the master of nature, i. 103. Every act of, an act of commerce, i. 198. Man's first desire, i. 263. Great natural tendency towards, in the United States, ii. 178. Its effects as there exhibited, ii. 209. The precious metals furnish the great instrument of, ii. 354. How it affects production, iii. 26. How it affects wages, profits, rents, and interest, iii. 116. Action of the co-ordinating power in removing obstacles to, iii. 409.
individuality, development, and progress, directly proportionate to each other, i. 61.
the power of, grows with the de-
velopment of individuality, i. 53. With increase of numbers, i. 98. Its growth in Athens, i. 240. In Spain, i. 251. Absence of, in Sparta, i. 245. Efforts
of France to destroy the, i. 252. In- creases as the differences among men become more numerous, i. 257. Grows in the ratio of the observance of the great law of Christianity, i. 259. Ex- ercise of, prohibited by the British Colonial system, i. 286. Grows with division of the land, and increase in the proportion of fixed capital, iii. 92. How increase therein, tends to affect the growth of population, iii. 274. Pro- tection, an effort for establishing per- fect freedom in the exercise of, through- out the world, iii. 453.
Astronomy. Its dependence on chem- istry, i. 16. Closely related to biology, i. 17. Athens, growth of the power of associa- tion in, i. 240. Peaceful progress of, i. 241. Rights and duties in, i. 241. Subsequent tyranny of, i. 242. Splen- dor and weakness of, i. 243. Decline and fall of, i. 244. Of production in, iii. 26. Increase in the proportion of movable to fixed capital, in, iii. 55. Taxation of, iii. 178. Centralization in, iii. 228. Of woman in, iii. 370. Of the societary organization in, iii. 459. Atmospheric air, the fountain from which all things spring, and the receptacle to which all return, i. 70.
Atoms, obedient to the laws which govern the masses from which they have been derived, i. 14.
Attraction and counter-attraction essen- tial to the existence of harmony, i. 57. Attractive force of cities, i. 42. Australia, course of settlement in, i. 133. Peopled by convicts, iii. 345.
Bank monopolies, injurious effects of, ii. 371.
notes. How they affect the sup- ply of the precious metals, ii. 331. Ab- surdity of the English and American crusade against, ii. 334. How they in- crease the utility of money, ii. 370. Origin of, ii. 375.
Banker, ancient and modern, always in alliance with the soldier, i. 217. Banking circulation regulated by the people, ii. 421.
, English, instability of, ii. 372. How it affects the value of money, ii. 373.
Bank of England, the, ii. 366. Origin of, ii. 373. Capital and circulating notes of, ii. 375. Movement of, from 1796 to 1815, ii. 376. Circulation of, ii. 377. Resumption of payment by, and its effects, ii. 377. Subsequent expansions and contractions of, ii. 380. Saved from bankruptcy by the Bank of France, ii. 382. Parliamentary com- mission for inquiry into its manage- ment, ii. 382. Sir Robert Peel's Act for the regulation of, ii. 384. Injurious effect of the monopoly of, ii. 385. Cir- culation of, from 1832 to 1840, ii. 388; from 1841 to 1847, ii. 389; from 1852 to 1856, ii. 391. Destruction caused by, in 1841, ii. 388. Failure of the Act of 1844 to regulate the action of, ii. 386. Of all monetary institutions, the one in whose constitution we find least of the elements of stability, ii. 409.
of France, the, creation of, ii. 412. Monopoly of, ii. 413. Movement of, from 1819 to 1846, ii. 414. Tendency towards steadiness in the circulation of, ii. 414. Instability of deposits in, ii. 415. Power of, for controlling the societary movement, ii. 416. Heavy taxation for the maintenance of, ii. 418.
Austria. Division of land and its effects Banks, private, of England. Their nume-
Bacon. His tree of science, i. 21. Balance of trade, payable in the precious metals, ii. 316. Necessary to all coun- tries which do not themselves produce such metals, ii. 319, 476. How it affects the currency, ii. 435. How treated by Adam Smith, ii. 458–463.
of force among the vital organs, iii. 297. Bank circulation, a nearly constant quan- tity, ii. 387, 390.
contractions, effects of, ii. 368. deposits, causes which influence, and influence exerted by, ii. 387,
expansions, effects of, ii. 367.
rous failures, ii. 431.
of Holland and Germany, ii. 363. of discount, origin and effects of,
American. Gradual development of the system of, ii. 419. Proportion of loans to capital in, ii. 420. Ten- dency towards steadiness in the move- ment of, ii. 422. Number and capital of, ii. 427. Failures of, ii. 429. Trivial losses of the people by, ii. 429. Minute division of the ownership of, ii. 432, Advantage resulting from the existence of, ii. 433, 443. Localization of capi- tal by means of, ii. 434. How they are affected by the free trade and protect- ive systems, ii. 437. Movements of, subsequent to the crisis of 1837, ii. 439. Cause of the failures of, ii. 445.
Barbarism, a necessary consequence of | British centralization, growth of, i. 449.
the absence of the power of association, i. 52. British system tends to the pro- duction of, i. 438. Tendency of Ameri- can policy in the direction of, ii. 199. Basque Provinces, production and con- sumption of the, iii. 41.
Bastiat, M. His ideas of socialistic errors, i. 260. Erroneous views of, in regard to money, ii. 471. On the law of dis- tribution, iii. 167. On competition, iii. 423. On communism, iii. 441. Baudrillart, M. On the Ricardo theory of rent, iii. 163.
Beaujour, M. His account of Turkish manufactures, i. 312.
Belgium. Course of settlement in, i. 128. Development of individuality in, i. 55. Early development of agriculture in, ii. 27. Of education in, iii. 389. Foreign commerce of, iii. 449.
Better that the power of steam had no existence, than that it should be mono- polized, i. 392.
Biology, close relation of, to chemistry, i.
16. How related to astronomy, i. 17. Births in England, iii. 291.
Blackwood's Magazine, on the agriculture
of France, ii. 78. On the consolidation of British land, ii. 80, 95. Blanqui, M., on the condition of the
French people, ii. 59. On over-pro- duction, iii. 44. Would regulate pro- duction, iii. 158. On the revenue sys- tem of Imperial Rome, iii. 180. On
the necessity for measures of protection, iii. 427.
Boisguilbert on the state of France, under Louis XIV., i. 254.
Brace, Rev. Mr. His Walke among the People of England, iii. 242. On the juvenile crime of America, iii. 398. Brain of the hunter tribes, activity of, iii. 300.
, anatomy and chemistry of the, not sufficient definitely to resolve the problems of Social Science, iii. 303, 403.
and nerves. Special and general functions of the, iii. 297.
of the various races compared, iii. 301.
, phosphorus of the, iii. 302. subordination of the organs of
the body to the, iii. 403. Brain's control of the viscera graduated to the requirements of animal life, iii. 403.
Brazil. Exhaustion of the soil of, ii. 229. British and American banks, comparison of the movements of, ii. 427.
American colonies, prohibitions
of association in, i. 286.
and French colonial systems, dif-
ferences of the, i. 307.
colonial policy, ii. 73; destructive character of, iii. 335.
colonies. Their history one of a series of losses, iii. 223.
corn, effect of the export of, ii. 191. corn-laws. Reasons given for their repeal, i. 440. Failure of the re- peal to produce the effects predicted, i. 440.
India, unceasing wars of, i. 364. peers, rapid extinction of, iii. 306. policy, selfishness of the, i. 455.
-, retrograde theories required for enabling British teachers to account for the effects of, i. 468.
opposed to association and combination, ii. 394.
opposed to the true interests of the British people, i. 423, iii. 242.
school of economical science. Had its origin in the teachings of Messrs. Malthus and Ricardo, i. 28. How it regards man, i. 29. Identity of its teachings with those of Carolina slave-owners, i. 410. Unchristian and retrograde character of its doctrines, i. 470. How the latter differ from those of Adam Smith, i. 470. Errors of the, ii. 37, 39, iii. 66. Causes of error in the, iii. 31.
society, real difficulty of, i. 437. Growing imperfection of, i. 452.
sword required for carving the way for British commerce, i. 377.
system, the, looks to monopolizing the machinery of conversion for the world, i. 291. Finds its product and ex- ponent in the Malthusian theory, i. 466, iii. 306. As exhibited in Jamaica, i. 297; in Ireland, i. 326; in India, i. 360. De- cline in the value of land, in the coun- tries subject to, i. 378. Based exclu- sively upon the idea of trade, i. 372. Looks to taxing the producers and con- sumers of the world, by increasing the tax of transportation, i. 429. Increases the proportion of the products of labor absorbed by non-producers, i. 437. Tends towards slavery and barbarism, i. 438. Stoppage of the circulation, a necessary consequence of, i. 439. De- structive character of, has produced re- sistance, ii. 42. One of gigantic com- munism, iii. 441.
taxes paid by the countries that supply the raw materials of manufac- tures, iii. 188. Consequent poverty of those countries, iii. 189.
war upon the commerce of other nations, i. 421, ii. 110.
West Indies, destruction of life in the, i. 306.
writers on money, ii. 446.
Brougham, Lord. His declaration of the necessity for destroying the infant man- ufactures of other countries, ii. 128. Bunsen, Chevalier, on Germany, ii. 146. Buy in the cheapest market, and sell in the dearest one, the governing principle of the soldier and the trader, i. 209. The motto of England, i. 372. Byles, J. B., on the effects of free-trade in Ireland, i. 323.
Caird on English agriculture, ii. 75, iii. 93. California, effects of dispersion, as ex- hibited in, ii. 240.
Campbell, Lord, on crime in England, iii. 399.
Capital. Declines in its power over labor, as men are more enabled to associate, i. 157. High charge for its use, in purely agricultural countries, i. 158. Charge for the use of, declines as men obtain power over nature, i. 169. Charge for, embraces no compensation for na- ture's services, i. 174. No deficiency of, in Ireland, i. 324. How it econo- mises labor, ii. 17. Is consumed, but not destroyed, ii. 17. How its growth affects the proportion of labor wasted and economised, ii. 19. Grows, with economy of human power, ii. 102. Waste of, in the United States, ii. 235. Always abundant and cheap when the circulation is rapid scarce and dear when it is sluggish, ii. 282. Various modes of compensation for the use of, ii. 342. Of what it consists, iii. 48. First step in the accumulation of, al- ways the most difficult, iii. 49. Power of accumulating, in the ratio of the circulation, iii. 49. Definition of, iii. 50. Changes in the proportions of movable and fixed, iii. 51. Tends to become fixed, as the circulation be- comes more rapid, iii. 52. Equalizing effects of, iii. 52. How centralization affects its division into fixed and mova- ble, iii. 54. Division of, in various countries, iii. 55. Power of accumu- lating, not a result of saving, iii. 60. Always a result of economy of labor, iii. 61. M. de Fontenay on the accu- mulation of, iii. 63. Every waste of labor a waste of, iii. 65. How the policy of Colbert tended to promote the growth of, iii. 66. Error of the teachings of the British school in re- gard to the accumulation of, iii. 66. How protection affects the growth of, iii. 67. Errors of Adam Smith in re- gard to, iii. 68. Mr. J. S. Mill on the accumulation of, iii. 71. Accumulates
most rapidly where, and when, the rate of charge for its use is lowest, iii. 119. Grows, with the growth of competition for the purchase of labor, iii. 234. Capital and money, relations of, in Great Britain and the United States, ii. 340. Capitalist, the. How he might profit by the study of Social Science, iii. 469. Capitalist's quantity increases, as his pro- portion diminishes, i. 176, iii. 112, 133.
proportion declines, with diminu- tion in the cost of reproduction, and decline of value, i. 172; with the growth of the power of combination, iii. 119, 133; with increase in the rapidity of circulation, iii. 155.
Carbonic acid, perpetual circulation of, i. 73.
Carlyle, T., on Irish competition for the sale of labor in England, iii. 260, 342. Carolinas, effects of the cotton culture of the, ii. 88.
Carthage. Wars, monopolies, and fall of, i. 246. Colonial system of, i. 285. Causes of the decline of nations, i. 259. of the decay of Ireland, i. 337; of India, Turkey, and Portugal, i. 366. of the failures of American banks, ii. 445.
of the misery of Ireland, accord- ing to British teachers, i. 336. Central America, course of settlement in, i. 120. Centralization.
Growth of, in Italy, Greece, and India, i. 46; in Spain, i. 48; in France, i. 49, ii. 66; in Britain, i. 51. Impoverishing effects of, i. 237. A necessary consequence of the British policy, i. 290. As exhibited in Ja- maica, i. 297. Effects of, in India, i. 344. Growth of, in the United States, i. 372, ii. 215, iii. 224. Increases the quantity of money required for the performance of exchanges, ii. 358. Growth of bank- ing, in the United States, ii. 439. War- like tendencies of, iii. 214. Grows with decline in the rapidity of circulation, iii. 214. Diminishes the reward of labor, and increases the facility of ob- taining soldiers, iii. 215. As exhibited in France, iii. 217. Increases, as land and labor decline in value, iii. 219. Taxation grows with the growth of, iii. 219. Grows in all the countries that follow in the lead of England, iii. 223. Causes sluggishness of the circula- tion, iii. 228. How it exhibited itself in Greece and Italy, iii. 228. Absen- teeism grows with, iii. 229. McCulloch and Mirabeau on, iii. 231. Weakness of the State, a consequence of, iii. 232. Produces competition for the sale of labor, iii. 237. How it affects the wages of England, iii. 288. Produces compe-
and slavery, growth of, in Turkey, i. 320.
-, slavery, and death, travel toge- ther, in both the moral and material world, i. 91, 239.
Cerebral power of woman abated by the reproductive system, iii. 303. Changes in the place of matter, closely connected with the movements of the trader, i. 218. Small amount of know- ledge required for effecting, i. 218. Necessity therefor declines, as men are more enabled to come together, i. 219. Demand upon the labor of the solitary settler for effecting, i. 263. Acceleration of the societary motion. consequent upon a diminution in that demand, i. 267. Utility of commodi- ties grows with that diminution, i. 269. The great obstacle to human improve- ments found in the necessity for effect- ing, i. 365.—(See Transportation.)
mechanical and chemical, in the form of matter. More concrete and special than changes of place, and re- quire a higher degree of knowledge, i. 219, 381. Changes in the societary pro- portions consequent upon increase of the power for effecting, i. 384, 473, ii. 22. How human effort is economised by, i. 385. How they affect the econ- omy of nature's gifts, i. 387. How they affect the societary motion, i. 389. Ef- forts at monopolizing the power to effect such changes, and their effects, i. 392. (See Conversion, and Manufactures.)
vital, in the form of matter. The earth alone capable of effecting, i. 220. Power applied to producing, grows, as that required for transportation and conversion declines, i. 220. Economy
of human force resulting from the growth of power to effect, ii. 17. In- crease in the proportion of human effort that may be given to effecting, ii. 23. The larger that proportion, the greater the development of the latent powers of land and man, ii. 29.—(See Agri- culture.)
in the societary proportions, i. 263, 384, 473, ii. 22, 29.
Changes in the United States, frequency and rapidity of, ii. 257.
Charge for the use of money, of the, ii. 335.-(See Interest.)
Chastity of hunter tribes, iii. 299. Chatham, Lord, would not permit colo- nists to make a hob-nail for themselves, i. 287.
Cheap labor, the condition of the British system, i. 239. How that of Ireland has affected the people of England, i. 422, iii. 260, 342.
female labor of Great Britain tends to deteriorate the condition of woman every where, iii. 382. Cheapening of raw produce tends toward slavery for man, ii. 80. Cheapness of raw produce in England, in the 14th century, i. 394. Chemical and mechanical changes in the form of matter, of, i. 381. Chemistry follows physics, in the order of development, i. 14. Its dependence on astronomy, i. 14. Lays the founda- tion of Social Science, i. 19. Treats of matter that is incapable of progress, i. 23.
and physiology, how related to each other, i. 15.
of the population question, iii. 302. Chevalier, M. His definition of political economy, i. 260. On the condition of the French people, ii. 59. On capital and money, ii. 358, 478. His descrip- tion of the condition of American women, iii. 384. His approval of the protective policies of Colbert, Crom- well, and others, iii. 429. Holds that French agriculture has ceased to be protected, iii. 431. Chinese opium war, i. 237. Circulation, the, how affected by protec- tion, ii. 277. How the increased ra- pidity of, economises labor, and pro- motes accumulation, ii. 278. How it is affected by the precious metals, ii. 300, 342. A medium of, the master want of man, ii. 456. How production is affected by, iii. 44. How it affects the power of accumulation, iii. 49. De- clines with the growth of centraliza- tion, iii. 214. Obstacles to, in France, ii. 348. Increases in rapidity as men become more numerous, and land be- comes divided, iii. 75. Sluggishness of, in the early stages of society, iii. 76. Development of individuality stimu- lates, iii. 77. Rapidity of, increases as capital becomes fixed, iii. 78. Pheno- mena of, in Greece, Italy, Spain, and France, iii. 82. Becomes more rapid, as property becomes more secure, iii. 84. How Colbert's policy tended to- wards quickening, iii. 86. How the
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