A.

N.
National Debt, observations on, 340.
Net Revenue, advantages of, unduly estimated by Adam Smith, 491, and by M. Say, 492, note. Examination of their doctrines, 492-498. Is not diminished by a proportionate diminution of gross revenue, 579-583.
P.
Paper Currency, circulation of, explained, 501. Paper-money not necessarily payable in specie, to secure its value, 502. But the quantity issued must be regulated according to the value of the standard metal, ibid. 503. The Bank of England, why liable to be drained of specie for its paper currency, 504-506. Compelling the issuers of paper money to pay their notes either in gold coin or bullion, is the only control upon their abusing their power of issuing such money, 507. Provided there were perfect security against such abuse, it is immaterial by whom paper money is issued, 509. Illustration of this point, 510-516.
Poor-Laws, pernicious tendency of, as they now exist, 111, 112, 115. Remedies for, 113, 114.

376