Of the Causes of Improvement in the pro-

ductive Powers of Labour, and of the

Order according to which its Produce

is naturally distributed among the dif-

ferent Ranks of the People

6

Of the Principle which gives Occasion to the

Division of Labour

19

CH A P. III.

That the Division of Labour is limited by the

Extent of the Market

26

CH A P. IV.

Of the Origin and Use of Money

Page 33

CH A P. V.

Of the real and nominal Price of Commodities,

or of their Price in Labour, and their

Price in Money

43

CH A P. VI.

Of the component Parts of the Price of Com-

modities

70

CH A P. VII.

Of the natural and market Price of Commodities 82

Of Wages and Profit in the different Employ-

ments of Labour and Stock

151

152

Part I. Inequalities arising from the Na-

ture of the Employments themselves

Part II. Inequalities occasioned by the Policy

of Europe

183

C H A P. XI.

Of the Rent of Land

Page 223

PART I. Of the Produce of Land which al-

ways affords Rent

227

Part II. Of the Produce of Land which

Sometimes does, and sometimes does not, afford

Rent

252

!

Part III. Of the Variations in the Propor-

tion between the respective Values of that

Sort of Produce which always affords Rent,

and of that which sometimes does and some-

times does not afford Rent

273

Digreffion concerning the Variations in the

Value of Silver during the Course of the

Four last Centuries.

First Period

Second Period

Third Period

276

299

301

Variations in the Proportion between the re-

Spektive Values of Gold and Silver

330

Grounds of the Sufpicion that the Value of

Silver still continues to decrease

338

Different Effects of the Progress of Improvement

upon the real Price of three different Sorts

of rude Produce

339

Conclusion of the Digresion concerning the Variations in the Value of Silver

373 Effeets of tbe Progress of Improvement upon the real Price of Manufactures

384 Conclusion of the Chapter

393

в оок ІІ.

Of the Nature, Accumulation, and Employ

ment of Stock.

INTRODUCTION

407

CH A P. I. Of the Division of Stock

410

CHA P. II.

Of Money considered as a particular Branch of

the general Stock of the Society, or of the Expence of maintaining the National Capital 423

AN

HE annual labour of every nation is the Introdu&t.

fund which originally supplies it with me

all the necessaries and conveniencies of life which it annually confumes, and which confist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.

ACCORDING therefore, as this produce, or what is purchased with it, bears a greater or smaller proportion to the number of those who are to consume it, the nation will be better or worse fupplied with all the necessaries and conveniencies for which it has occasion.

But this proportion must in every nation be regulated by two different circumstances; first, by the skill, dexterity, and judgment with which VOL. I. B

its