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An inquiry into the nature and causes of the wealth of nations / by Adam Smith
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924

i n nr.x.

Mercenary troops, origin ami reason of,651. The numbers of, how limited, 652.

Merchants, their judgments more to be de-pended on respecting the interests of theirparticular branches of trade, than with regardto the public interest, 247. Their capitals al-together circulating, 259. Their dealings ex-tended by the aid of bankers’ notes, 280.286.Customs of, first established to supply thewant of laws,and afterward admitted as laws,290. The manner of negotiating bills of ex-change explained, 291. The pernicious ten-dency of drawing and redraw ing, il>. In whatmethod their capitals are employed, 380.Their ca ‘j dispersed and unfixed, 313.The principlesof foreign trade examined, 351.Are the best of improvers, when they turncountry gentlemen, 381. Their preferenceamong the different species of trade, how de-termined, 417. Are actuated by a narrowspirit of monopoly, ‘144. The several brandiesof the corn trade specified and considered,404. The government of a company of, theworst a country con be under, 530. Of Lon-don , not good economists, 574. An unpro-ductive class of men, according to the picsentagricultural system of political economy inFrance , 628. The quick return of mercantilecapitals enables merchants to advance moneyto government, 865. Their capitals increasedby lending money to the state, ib.

Mercier, de la Riviere, M. character ofhis natural and essential order of politicalsocieties, 639.

Metals, w hy the best medium of commerce,29. Origin of stamped coins, 31. Whydifferent metals became the standard of valueamong different nations, 42. The durabilityof, the cause of the steadiness of their price,206. On what the quantity of precious me*t&lsin every particular country depends, 232.Restraints upon the exportation of, 615.

Metaphysics, the science of, explained,723-

Metayers, description of the class of far-mersso called in France , 364.

Methodists, the teachers among, why po-pular preachers, 740.

Methuen, Mr. translation of the commer-cial treaty concluded by him between Eng-land and Portugal , 505.

Mexico was a less civilized country thanPeru , when first visited by the Spaniards,199. Present populousness of the capitalcity, 528. Low state of arts at the first dis-covery of that empire, ib.

Militia, why allowed to be formed in cities,and its formidable nature, 375. The originand nature of, explained, 654. How distin-guished from the regular standing army, 665.Must always be inferior to a standing army,656. A few campaigns of service may makea militia equal to a standing army, 658. In-stances, ib.

Milk, a most perishable commodity, how

manufactured for store, 2 * 2 .

Milts, wind and water, their lute introduc-tion into Knglaud, 243.

Mines, distinguished by their fertility orbarrenness, 163. Comparison between thoseof coal and those of metals, 166. The com-petition between, extends to all parts of theworld, ib. The working of, a lottery, 168.Diamond mines not always worth working,171. Tax paid to the king of Spain from thePeruvian mines, 197. The discovery ofmines not dependent on human skill or in-dustry, 233. In Hungary , why worked atless expense than the neighbouring ones inTurkey, 644.

Alining, projects of, uncertain and ruinous,and unfit for legal encouragement, 522.

Mira beau, Marquis de, his character of theeconomical table, 639.

Mississippi scheme in France , the realfoundation of, 299.

Modus for tithe, a relief to the farmer, 791.

Money, the origin of, traced, 29. Is therepresentative of labour, 35. The value of,greatly depreciated by the discovery of theAmerican mines, 37. How different metalsbecame the standard money of diiferent na-tions, 42. The only part of the circulatingcapital of a society, of which the mainte-nance can diminish their neat revenue, 269.Makes no part of the revenue of a society,270. The term money, in common accep-tation, of ambiguous meaning, ib. The cir-culating money in society, no measure of itsrevenue, 271. Paper money, 273. Theeffect of paper on the circulation of cash, 274.Inquiry into the proportion the circulatingmoney of any country bears to the annualproduce circulated by it, 277. Paper cannever exceed the.value of the cash, of whichit supplies the place, in any country, 281.The pernicious practice of raising money bycirculation, explained, 291. The true causeof its exportation, 321. Loans of, the prin-ciples of, analysed, 330. Monied interest,distinguished from the landed and trad-ing interest, 33). Inquiry into the realcauses of the reduction of interest, 334. Mo-ney and wealth synonymous terms in popu-lar language, 393. And moveable goodscompared,394. The accumulation of, studiedby theKuropean nations, 395. The mercan-tile arguments for liberty to export gold andsilver, ib. The validity of these argumentsexamined, 397. Money and goods mutuallythe price of each other, 399. Over tradingcauses complaints of the scarcity of money,401. Why more easy to buy goods withmoney, than to buy money with goods, 402.Inquiry into the circulating quantify of, inGreat Britain, 406. Kffect of the discoveryof the American mines on the value of, 411.Money and wealth different things* 414.Bank money explained, 412. See Coins,Gold, and Silver .

Monopolies in trade or manufactures, thetendency of, 64. Are enemies to good ma-