able article which admits of no increase, and that the accumulation of capital, which diminishes the profits of the merchant, will increase the competition for land. In the improbable event of the recurrence of adverse seasons the agricultural value may be diminished, but the steady growth in residential value will not be interrupted. The action of economic laws may be impeded by narrow and illiberal legislation, but the only laws by which the value of the land will be enhanced are those which promote the happiness of the people. Belgium, depression in, largely due CAIRD, Mr., his estimate of harvest - state of the trade between Eng- state of the iron trade in, 72, -competition of, with England, in exports of iron from, between Icost of labour at the ironworks - exports from, in 1876 and 1877, farm holdings in, 387 - on foreign processes of iron manu- - on British labour compared with Berlin, building trade of, 184 Bigelow, Mr., on the depression of on co-operation in France, 244 Boiler management, the question of, Brassey, the late Mr., on the labour -piece-work principle enforced by, Bread, cheapness of, 340 Bristol, trades union conference at, Building societies, investments of the Burns, Mr. John, on the employment - his warning to British workmen, - deficiencies, 107 his statement as to the cost of on the progress of the national his table showing the improved on encumbered estates, 395 on agricultural tenures, 399 Canada, agricultural capabilities of, import and export trade of, 273 formation of, by saving, 292 — profit a necessary condition of its -- abundant supplies of, beneficial to - effects of rapid increase of, 305 - its use as affecting the workman's Carlyle on permanency as a stimulus Cattle, reduced stock of, 108 - importance of the trade to the cost of rearing in America, 375 China, British commerce with, 259 - Mr. Lowthian Bell on improve- Coal, recent high price of, 27 - - - prices of, between 1872 and 1877, recent increased output of, 67 - monopoly of, in the United States, yield of, in Canada, 272 relation between prices and wages decision of the select committee Cobden, Mr., on the cause of agri- - results of its trial in France, 244 Cotton piece goods, increased export Cotton trade, fluctuations of prices in - state of the, as tested by our ex- reduced profits of manufacture in, recent fluctuations in the, trace- the question of restricting pro- our ascendency in the, 60 - adulteration in the, 62 - relation between prices and wages Crewe, manufacture of locomotives Cuba, our rivals in trade with, 94 |