Page:The wealth of nations, volume 3.djvu/444

 Lawyers, why amply rewarded for their labor, i. 173.—Great amount of their fees, iii. 79.

Leases, the various usual conditions of, iii. 233–234.

Leather, restrictions on the exportation of unmanufactured, ii. 434.

Lectures in universities, frequently improper for instruction, iii. 141.

Levity, the vices of, ruinous to the common people, and therefore severely censured by them, iii. 180.

Liberty, three duties only necessary for a sovereign to attend to, for supporting a system of, iii. 42.

Lima, computed number of inhabitants in that city, ii. 313.

Linen manufacture, narrow policy of the master manufacturers in, ii. 419.

Literature, the rewards of, reduced by competition, i. 211; was more profitable in ancient Greece, 213; the cheapness of literary education an advantage to the public, 214.

Loans of money, the nature of, analyzed, ii. 35; the extensive operation of, 36–37.

Locke, Mr., remarks on his opinion of the difference between the market and mint prices of silver bullion, i. 93.—His account of the cause of lowering the rates of interest for money examined, ii. 39; his distinction between money and movable goods, 126.

Lodgings, cheaper in London, than in any other capital city in Europe, i. 191.

Logic, the origin and employment of, iii. 148.

Lotteries, the true nature of, and the causes of their success, explained, i. 176–177.

Luck, instances of the universal reliance mankind have on it, i. 176–177.

Lutherans, origin and principles of that sect, iii. 200.

Luxuries, distinguished from necessaries, iii. 289; operation of taxes on, 291; the good and bad properties of taxes on, 324–325.

, Philip of, the superiority that discipline gave his army over those of his enemies, iii. 58.

Machines for facilitating mechanical operations, how invented and improved, i. 50; are advantageous to every society, 397.

Madder, the cultivation of, long confined to Holland, by English tithes, iii. 242.

Madeira wine, how introduced into North America and Britain, ii. 224–225.

Malt, reasons for transferring the duty on brewing to, iii. 316; distillery, how to prevent smuggling in, 319.

Malthusianism, i. 140 note.

Manufactures, the great advantage resulting from a division of labor in, i. 44; instances in illustration, 52; why profits increase in the higher stages of, 103; of what parts the gains of manufactures consist, 106; the private advantage of secrets in manufactures, 115; peculiar advantages of soil and situation, ibid.; monopolies, 116; corporation privileges, 117; the deductions made from labor employed on manufactures, 121–122; inquiry how far they are affected by seasons of