INDEX

310

English rents and imports of food,
112, 113, 207.
Entrepreneur, remuneration of, 153.
Equality of sacrifice, 276-278, 293.
Equilibrium of supply and demand, 48,
50, 53 54, 208, 303-305.
Equity in taxation, 273-2%0, 289.
Estimated values in trade returns, 217.
Exchange, 11, 32-38, 160.
international, 38, 199-214,
306, 307.
po premium or discount on, 227.
Excess of exports U.S.A., 215, 223.
,» imports U.K., 215, 222.
Excise duties, 266.
Exemption from taxation, 247, 276.
Exhaustion of resources, 260.
Expenditure, wisdom in, 131, 256.
Expenses, constant, 50.
marginal- and price, 52.
of cultivation of land, 105.
s of production and supply, 47.
Exports, duty on, 252.
of services, 217, 22I.
the payment for imports, 202,
211, 215.
,, valuation of, f.0.b., 201.
Extension of demand, 30, 205.
Extensive cultivation, G9.

Free trade within U.S, and infant industries,
 258.
Freedom of enterprise, 3, 4.
” issue of bank-notes, 184.
French foreign investments, 219.
,, revolutionary finance, 173.
Functions of government, 271.
,, money, 164, 165.
Future ». present needs, 83, 84.

GAIN from foreign trade, 210-212.
Gambling, 159.
Seneral purchasing power, 87.
Sold and silver as media of exchange,
163.
basis of values, 175.
certificates, 188.
consumption and output, 176.
cost of production and value of,
175.
discoveries in California and
Australia, 173.
.» points, 229, 232, 233-,»
 redemption fund of U.S, 187.
,» shipments, effect of, 234.
ys stock of, in England, 224.
»» supply, 166.
3o00ds, 6.
ys instrumental-, 86.
,» material-, 7.
Zovernment activity, sphere of, 279.
expenditure, effects of, 288,
35 limits of, 273.
interference, 137, 267-273.
’s paper currency, 192-194.
Governmental functions, 271.
Greenbacks, 173, 187.
Gresham's law, 2335, 236.
Group wages, 145, 146.
Tharanteed interest, 245, 246.

NY

FacTORY legislation, 268, 269.
Fall in prices, effect of, on exchangerates,
 228.
Family, earnings of, 136.
ss provision for, 129, 134.
Farmer, his earnings, 100, 102.
Farming on shares, 115.
ss large and small, 115.
Feeble-minded, 268.
Fertility of land, 98, 103, 104, 112, 113.
Fiduciary issues, Bank of England 185.
Germany, 186, 191.
» Sweden, 187.
Fire-insurance, 286, 287.
Fiscal exigency, 266.
Fishing industry fostered, 262.
Fixed price, supply at a, 76-78.
Food-supply in war time, 263.
Foreign capital in U.S., 220.
exchanges, 197.
exchange-rates, 225.
gold coin, price of, 240.
,, trade, gain from, 210-212.
Free capital, 86.
,, goods, 6,
,, trade, its meaning, 245.
s 5 causes of triumph in England,
 257.
revenue duties under, 266.

JABIT, 209.
Tard-handed employments, 38.
Iarnessing the powers of nature, 8g.
Jiggling of the market, 34.
Jindrances to exchange, 307, 308.
ire of capital, 155.
5, land, 99, 100, I14.
Historical method, 12.
Joarding, 176, 177, 235.
Joards, military, 178, 179.
Iolland, note-issues of, 188.
Home-produced goods, 201.
House-tax. 280-201.

IMPACT of taxation, 282, 288.
[mplied contract, 269.
[mportance of goods and their value,
»R