A.

ACCUMULATION of capital, effects of, on the relative value of commodities, 16-42. And on profits and interest, 398-416.
Agriculture, effects of improvements in, on rents, 70-76. Is affected by the distress proceeding from sudden revulsions of trade, 368-372. Agricultural improvements, no cause of the increase of rent, 570, 571.
B.
Banks, establishment of, affects the sole power of the state in coining money, 502. Consequence of the Bank of England issuing too great a quantity of paper, 503-506. The assistance given by the Bank of England to commerce, accounted for, 513, 514. --See Paper Currency. Bounties, on the exportation of corn, lower its price to the foreign consumer, 417-427. Effects of a bounty in raising the price of corn, illustrated, 428. Though such bounty may cause a partial degradation in the value of money, yet such degradation cannot be permanent, 432-434. Bounties on the exportation of manufactures raise their market but not their natural price, 436-438. The sole effect of bounty is to divert a portion of capital to an employment which it would not naturally seek, 438. Evils of such a system, 439-445. A bounty on the production of corn, will produce no real effect on the annual produce of the land and labour of the country, though it would make corn relatively cheap, and manufactures relatively dear, 449-455. But the effect of a tax on corn, in order to afford a fund for a bounty on the production of commodities, would be to enhance the price of corn, and render commodities cheap, 456, 457. Buchanan (Mr.), observations of, on Adam Smith's doctrine of productive and unproductive labour, 64-66, note. Remarks on his opinions respecting bounties on exportation, 440-442.

367