ITALY was unable to supply its inhabitants with food in the splendour of the Roman empire, 43.

L.

LABOUR, some individuals may, but a nation never [end of page #28] can exist without it, 82.—­Division of, produces great wealth.

LAND, price of, two centuries ago, and comparison of the profit of purchasing, or lending on interest in a nation increasing in wealth, 130.—­Its unequal division discourages industry, 132, 133, 134.—­Total amount of rent in England, 153, 154, 155.

LANGUAGES, dead.  See Education.

LAWS better administered in England in criminal than civil cases, 119.—­Tend to become more complicated, 123.

LAWYERS, their ESPRIT DE CORPS, 120, 121, 122.—­Individuals have no means to resist their incroachments, 123.—­Government ought to do it, 124.

LIVERPOOL fitted out privateers last war, equal in tonnage and men to the Spanish Armada, 8.

LOANS.  See National Debt.

LOCAL situation, one of the causes of wealth, 2.—­The discoveries in geography and navigation have changed that with regard to particular nations,

LONDON burnt by the Danes, 9.—­Rent and taxes heavier than in any other place, 237.—­People prefer living in London, where all is dear, to the cheaper parts of England, 238, 239.

M.

MISERS, never a race of them for three or four generations, 83.

MOGUL, the prodigious and rapid decline of his empire, 197.

MONEY corrupted every thing at Rome when its decline begun, 46.—­ Money to borrow, only to be found in Italy and Flanders, 48.—­Let =sic= out at interest, loses; laid out to buy land, gains in a country growing rich, 163.—­Its value less in England than any country except America, 165.—­Though the best measure of value is not accurate, being different in different countries, 182.—­Its great value in poor countries serves to enrich them in dealing with wealthy nations, 183.

MONARCHY.  See Absolute Monarchy.

MONOPOLY not an imaginary evil, 49.—­Dr. Smith’s opinion contradicted by experience, 150.—­Proof of its existence, 151, 152, 153, 154.—­Augments rent, and labour, and prices, 153.

MONTESQUEU, his mistake relative to Rome and Carthage, 32.—­ His opinion of the affairs of Rome, 40.

MONTAGUE, chancellor of the exchequer, attended by the lord mayor and sheriffs, went from shop to shop in London to borrow money, 239.

MORALS.  See Education.

MOTHERS.  See Education.

MACHINERY.  See Manufactures.

MAHOMEDAN RELIGION, its rapid establishment, 54.—­Its effects on the commerce with India, ib.

MANNERS greatly corrupted at Rome, 43.—­A change in them
constantly going on, and tending to bring decline,