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43 2                   INDEX
                  ARMY  ESTIMATES, probably forty   BIRTH-RATE  and'death-rate  and
                    million  £, in  a  few  years,  ii.   rate  of  excess  of. births  over
                    264.                       deaths  in  Australia  and  Eng.
                  -- for  home  defence  should   land, ii.  354-355.
                    be maintained locally, i.  270.   BOURNE'S, Mr. S., paper on oa1cial
                  -- insufficient pay to  troops a   'trade and navigation  statistics,
                    cause of difficulty of obtaining   i.  289.
                    recruits, ii.  259.      BRITISH  EMPIRE,  effects  of  the
                  -- reform, necessity for, shown   South  Mrican  war  on  the,  ii.
                    by the  South  African  War,  ii.   205.
                    21 3.                    -- -- relative growth of com-
                  -- and  Navy,  increased  ex-  ponent parts of the, ii.  2Z:Z.
                    penditure  on,  a  necessity,  ii.   -- -- Zollverein  unsuitable
                    3 1 3.                     to, for geographical reasons, ii.
                  AUSTRALASIA,   birth-rate   and   180.
                    death-rate and rate of excess of  BRITISH Zollverein, the dream of
                    births over deaths in, ii.  354.   a,  ii.  387.
                  -- an example of the futility of  BUDGETS,  Mr.  Gladstone's,  and
                    protection  to  foster  manufac-  his work in finance, i.  229.
                    tures, ii.  157.
                  -- intercolonial trade of, ii. 68,   CAPE COLONY and Natal, finances
                    78.                        of,  as  affected  by  the  war,  ii.
                  AVERAGES, uncertain character of,   21 7.
                    if made up  of great extremes,   CAPITAL,  accumulation  of,  a
                    i. 393.                    benefit to the poor, i.  420.
                                             -- are we living on, ii.  278.
                  BAGEHOT, Mr., on a new standard  -- British,  invested  abroad,
                    of value, and  on  Mr. Jevons's   losses of, i.  101.
                    "multiple standard," ii.  166.   --of Ireland, one twenty-fourth
                  BALANCE of trade and balance of   that  of  United  Kingdom,  i.
                    indebtedness, i.  308.     43 6•
                  BANKS,  City  of  Glasgow  Bank  -- supposition  that  Great
                    failure and the fall  in prices, i.   Britain  is  living  on  its,  not
                    13 2 •                     proved, ii.  301.
                  -- country, injurious effects of  --" waste of, on war and arma-
                    bad harvests on, i.  138.   ments, ii.  290.
                  BANKING,  difficulties  of,  with  a   CENSUS figures of civilized coun-
                    multiple standard as suggested   tries, an index to their growth,
                    by Jevons, ii.  167.       ii.  270.
                  BANKRUPTCY statistics as a test of  CENTURY,  the statistical, ii. 268.
                    the  commercial  morality  of a   CHANGES,  recent,  in  prices  and
                    country, ii.  57.          incomes compared, i.  156.
                  BAXTER, Dudley, and Leone Levi   CHARITIES, taxation of, failur; of
                    on earnings of working classes,   Mr.  Gladstone's  plan  for,  j.
                    i·3 86 .                   244·   •
                  BIMETALLIC systems of currency,   COAL,  gas,  and water,  estimated
                    Gresham's law as·!o worn coins   amounts  paid  for,  in  United
                    not applicable to, ii.  163.   Kingdom, ii.  382.
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