on rent, 232.
Effects of an equal land-tax, imposed indiscriminately on all land
cultivated, 234, 235.
Error of Dr. Adam Smith, on the inequality of land and all other
taxes, accounted for, 236-238.
Tax on land and its produce, no bar to cultivation, 238, 239.
Operation of the land-tax of Great Britain, considered, 239, 240.
Mistake of M. Say, corrected, 241, 242-246.

_Lauderdale_ (Earl of), opinion of, on the influence of demand and
supply on prices, 545-547.
Remarks thereon, 547, 548.

_Luxuries_, observations on the taxing of, 314.
Advantages and disadvantages of taxing them, considered, 327-329.

M.

_Machinery_, effects of, in fixing the relative values of commodities,
34-41.

_Malthus_ (Mr.), examination of the opinions of, on rent, 549-566.
The real cost of production regulates the price of commodities, 567,
568, 572, 573.
Increase of population no cause of the rise of rent, 569;
nor agricultural improvements, 570, 571.
His supposition, that net income is diminished, in proportion to a
diminution of gross income, disproved, 579-583.
Loss of rent, the effect of a low price of corn, 587, 588.

_Manufactures_, improvement of, in any country, tends to alter the
distribution of the precious metals among the nations of the world,
157-170.
Manufacturers pay less poor rate than farmers, 359-362.
The market price of manufactures, but not their natural price,
raised by bounties on their exportation, 436-438.

_Mines_, distinguished by their fertility or barrenness, 77-79.
Effect of discovering the rich mines of America on the price of the
precious metals, 80.
Observations on the rent of mines, 462-467.

_Money_, effects of the rise of, in value, on the price
of commodities, 43, 44.
The rate of profit not affected by variations in the value of
money, 46-48.
Different value of money in different countries, accounted for,
170-173.
The value of money, _generally_, diminished by improvements in
the facility of working the mines of the precious metals, 178.
The demand for, regulated by its value, and its value by its
quantity, 250, 251.
Low value of, in Spain, prejudicial to the commerce and manufactures
of that country, 307.
Observations on the rates of interest for money, 412-416, 512, 513.
The value of, thou