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INDEX 447
LANDLORDS, l'ish, expediency of Lif[lIidalionl, The, of 1873-76
the flta,e buying out the, i. ll87 7 ]-eonlintHd.
452.
~ND, over·taxation of, a fan,.cy, IV. Present depre56ion not likely
to be permanent, 113.114-
1,,255· , Impoltl o( manufactured goods due
- Tenure Reform Associa- partly to depr-wn abroad;
tion'. aims, i. 266. British workmen and their cle-
- tax not a burden on land. mands (or higher wages, II S.
owners, but a rent charge, i. Undue importance attached to
(oreign competition; growth of
260. American coal and iron indWitries
- - in France and the not necessarily harmful to Eng·
Cadaslre, i. 269. land, 116·117.
- taxes on, i. '53. Premature extension o( ranways a
partial cause of the crisis; com-
- values, increased, brings mercial and financial dishonesty;
little or no additional revenue probable extension o( trusts, 118-
to the State, i. 275. IZQ.
LEVI, Leone, and Dudley Baxter LIVE stock, reduction in stocks
on earnings of working classes, of cattle and sheep, i. 136.
i. 386.
Lf,lIidalions, The, of 1873-76
LI877J, i. 98'120. MACHINERY, improvements in, a
benefit to all classes, ii. 96.
Periodicity of trade depressions,
. 98. MANUFACTURES, protection (or,
I. Universality Q( the depressiQII in in new countries, ii. 14S.
1873 and its causes, 99-100. MANUFACTUIUNG production,
n. }o'ailure Qf the .. exploitation ..
Q( new cQuntries lacking capital: comparisons of, and the Ame-
IQSs or British capital invested rican census, ii. 63.
abroad, 101-103- MARKET for first-class securities,
Industrial growth or new countries requisite conditions for a nat·
and temporary increase of foreign
trade o( the United Kingdom; ural, ii. r 93.
premature railway construction, MARKETS for trade, value of
104-106. home and new, ii. 34S.
Over-production 01 raw materials MILL'S suggested periodical State
and food. a cause or the crises; inquil}' into increased rental of
dishonest borrowings by coun-
tries unable to repay. 1°7.108- land, I. 268.
III. Small effect of the crisis on -- opinion as to protection for
English industry and wages com· manufactures in new countries,
pared with fOlDler ones, 108- ii. 146.
log.
Our foreign trade only • .mall MONETARY standards, fancy, ex·
portion 01 the total trade 01 the amined and criticised, ii. r 66.
country, its falling off therefore - system. difficulties of any
o( not such importance; increase change in our, ii. 167.
in British imports, in railway
traffic, in national reftnue, prove MONEY market, infiuences o(
continued prosperity or the coun- Franco-German War on, i. 5 r.
try, 1100111. • MORTALITY statistics, difficulties
Effects or the withdrawal or gold of comparing, owing to imper·
to Germany for their coinage in·
directly beneficial to this country, fect re~tration in certain
11:1. countries, ii. 5 J.

