tective tariff, reasons for, 213;
reasons against, 217.

Prudent consumption, 312.

Prudent use of wealth, 312.

Public property, 16.

Public responsibility, 344.

Quality, standard of, 116.

Railroads in United States, miles of, 83.

Ready transportation, 111.

Rent, interest and, 279;
propriety of, 295;
in price of products, 299.

Rents, variation, 300.

Rent values of land, 293.

Repudiation of government debts, 370.

Restrictive legislation, wages, 274.

Restrictions on luxury, 321.

Rural wealth analyzed, 12.

Savage vs. enlightened, 50.

Sheep, number in U. S., 9, 83.

Silver, ratio to gold, 124.

Single land tax, 365.

Skill, 46.

Sliding scale of wages, 271.

Small farms for homes, 202.

Socialism, 330.

Socialistic tendencies, 333.

Social organization for consumption, 328.

Sources of land values, 297.

Special incentives to production, 206.

Special taxes, 364.

Standard, the multiple, 129.

Standards of value, 117; in United

States, 120; fluctuation of, 121.

Standing account, 158.

State banks, 136.

Statistics, use of, 160.

Stock of farms since 1850, in U. S., 9.

Stock company, 161.

Stock exchange, 162.

Strikes, 259.

Supply and demand, 72.

Tariffs, 213, 357.

Tariff, incidental tendencies, 220;
reasons against, 217;
reasons for, 215.

Tax, a single land, 365.

Taxation, direct and indirect, 351;
exemption of bonds, 369;
of credits, 359;
principles of, 348.

Taxes, assessment of, 353;
on incomes, 360;
on inheritance, 363;
on liquors, etc., 359;
peculiar forms of, 358;
special, 364.

Trades unions, 264.

Transformation in production, 24.

Transmutation in production, 24.

Transportation, cost of, 113;
in production, 22;
ready means of, 111.

Trusts, 204;
may cheapen products, 194.

Universal education, 341.

Universal needs met by government, 339.

Usury laws, 288.

Utility as related to value, 66.

Value and cost, 69.

Value, essentials of, 65;
from utility, 66;
in services, 65;
nature of, 63;
normal, 70;
of gold and silver, fluctuations of, 122;
standards of, 117;
the basis of exchange, 63.

Vicious consumption, 323.

Wage-earners in conflict with profit-makers, 257.

Wages and profits, 239.

Wages, defined, 241;
fluctuation of, 248;
obstacles to fair, 259;
of women, 247;
real and nominal, 236;
relation to wheat price, 93;
sliding scale