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free trade in the precious metals, when the prices of commodities are raised, 309. The value of gold and silver proportioned to the quantity of labour necessary to produce them and bring them to market, 499. Remarks on the employment of these metals in currency, 516. Their relative values at different periods, accounted for, 516-526. Investigation of the comparative value of gold, corn, and labour, in rich and in poor countries, 527-537. _Gross Revenue_, advantages of, over-rated by Adam Smith, 491. And by M. Say, 492, _note_. Examination of this doctrine, 492-498. A diminution of gross income, no diminution of net income, 579-583. H. _Holland_, low rate of interest in, accounted for, 400, note. _Houses_, rents of, distinguished into two parts, 263. Difference between rent of houses and that of land, 264. Taxes on houses by whom ultimately borne, 266. I. _Importation_ of corn, effects of a prohibition of, considered, 437, 438. _Interest_, low rate of, in Holland, accounted for, 400, _note_. Effects of accumulation on profits and interest, 398-410. Observations on the rates of interest, 412-416. The interest for money is regulated by the rate of profits which can be made by the employment of capital, 512, 513. L. _Labour_, the quantity of, requisite to obtain commodities, the _principal_ source of their exchangeable value, 4, 5. Effects of machinery on, considered, 9-11. Economy in labour reduces the relative value of a commodity, 21, 22. Illustrations of this principle, 22-42. Adam Smith's theory of productive and unproductive labour, considered, 64-66, _notes_. Natural price of, explained, 90, 91. Market price of, what, 92. Its influence on the happiness of the labourer, 92, 93. Investigation of the comparative value of labour, gold, and corn, in rich and in poor countries, 527-537. _Land_, the division of the whole produce of, between landlords, capitalists, and labourers, is the criterion of rent, profits, and wages, 44-48. Its different productive qualities, a cause of rent, 54-58. Effects of increasing its productive powers by agricultural improvements, 70-76. _Landlords_, tithes injurious to, 229, 230. Benefit of a high price of corn to them, 474, 475. _Land-Tax_, virtually a tax
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