Page:The wealth of nations, volume 3.djvu/432

 tries, 308; the real price of labor lower in China and Hindustan, than in the greater part of Europe, 309; gold and silver the most profitable commodities to carry thither, 310; the proportional value of gold to silver, how rated there, 316.—Great extension of foreign commerce by the discovery of a passage to, round the Cape of Good Hope, ii. 151; historical review of the intercourse with, 152; effect of the annual exportation of silver to, from Europe, 153; the trade with, chiefly carried on by exclusive companies, 402; tendency of their monopolies, 403 (see also Hindustan); Company, a monopoly against the very nation in which it is erected, 403; the operation of such a company in a poor and in a rich country, compared, 403–404; that country whose capital is not large enough to tend to such a distant trade ought not to engage in it, 407; the mercantile habits of trading companies render them incapable of consulting their true interests when they become sovereigns, 411; the genius of the administration of the English company, 412–413; subordinate practices of their agents and clerks, 414; the bad conduct of agents in India owing to their situation, 415; such an exclusive company a nuisance in every respect, 417.—Brief review of their history, iii. 119; their privileges invaded, ibid.; a rival company formed, 120; the two companies united, 121; are infected by the spirit of war and conquest, 122; agreements between the company and government, 122–123; interference of government in their territorial administration, 125; and in the direction at home, 126; why unfit to govern a great empire, ibid.; their sovereign and commercial characters incompatible, 216; how the territorial acquisitions of, might be rendered a source of revenue, 400.

Economists, modern, on capital, i. 384 note.—Sect of, in France, their political tenets, iii. 9.

Edinburgh, its present share of trade owing to the removal of the Court and Parliament, ii. 16.

Education, the principal cause of the various talents observable in different men, i. 58.—Those parts of, for which there are no public institutions, generally the best taught, iii. 142; in universities, a view of, 151; of travelling for, 153; course of, in the republics of ancient Greece, 154; in ancient Rome, ibid.; the ancient teachers superior to those in modern times, 159; public institutions injurious to good education, 160–161; inquiry how far the public ought to attend to the education of the people, 162; the different opportunities of education in the different ranks of the people, 164–165; the advantages of a proper attention in the State to the education of the people, 170–171.

Egypt, the first country in which agriculture and manufactures appear to have been cultivated, i, 64.—Agriculture was greatly favored there, iii. 34–35; was long the granary of the Roman empire, 36.

Ejectment, action of, in England, when invented, and its operation, ii. 85.

Employments, the advantages and disadvantages of the different kinds of,