Page:The wealth of nations, volume 3.djvu/422

414 able mercantile profit, 163.—In what respects the carrying trade is advantageous to, ii. 61; appears to enjoy more of the carrying trade of Europe than it really has, 65; is the only country of Europe in which the obligation of purveyance is abolished, 87; its funds for the support of foreign wars inquired into, 141–142; why never likely to be much affected by the free importation of Irish cattle, 165–166; nor salt provisions, 167; could be little affected by the importation of foreign corn, ibid.; the policy of the commercial restraints on the trade with France examined, 185–186; the trade with France might be more advantageous to each country than that with any other, 216; why one of the richest countries in Europe, while Spain and Portugal are among the poorest, 277–278; review of her American colonies, 319–325; the trade of her colonies how regulated, 326; distinction between enumerated and non-enumerated commodities, explained, 327; restrains manufactures in America, 332; indulgences granted to the colonies, 335; constitutional freedom of her colony government, 338; the sugar colonies of, worse governed than those of France, 340; disadvantages resulting from retaining the exclusive trade of tobacco with Maryland and Virginia, 351; the navigation act has increased the colony trade, at the expense of many other branches of foreign trade, 354; the advantage of the colony trade estimated, 359; a gradual relaxation of the exclusive trade, recommended, 367; events which have concurred to prevent the ill effects of the loss of the colony trade, 368; the natural good effects of the colony trade, more than counterbalance the bad effects of the monopoly, 371–372; to maintain a monopoly, the principal end of the dominion assumed over the colonies, 380; has derived nothing but loss from this dominion, 382; is perhaps the only State which has only increased its expenses by extending its empire, 388; the constitution of, would have been completed by admitting of American representation, 393; review of the administration of the East India Company, 412–413; the interest of the consumer sacrificed to that of the producer in raising an empire in America, 443–444.—The annual revenue of, compared with its annual rents and interest of capital stock, iii. 220–222; the land tax of, considered, 228; tithes, 241; hearth money, and window tax, 255; stamp duties, 276, 280; poll-taxes in the reign of William III., 286; the uniformity of taxation in, favorable to internal trade, 332; the system of taxation in, compared with that in France, 340; account of the unfunded debt of, 350; funded debt, 351; aggregate and general funds, 354; sinking fund, 356; annuities for terms of years and for lives, 357; perpetual annuities the best transferable stock, 361; the reduction of the public debts during peace, bears no proportion to their accumulation during war, 364–365; the trade with the tobacco colonies, how carried on without the intervention of specie, 394; the trade