SMITH, Dr. Adam, did not make proper allowance about national debt, 114.-- His opinions concerning monopoly, examined, 149, 150.-- His opinion about apprentices, 219.

SOLOMON, king of Israel, on terms of friendship with the king of Tyre, 21.-- Founded Palmyra for the purpose of trade to India, 25.-- After his death, rivalship in trade, and the envy of the Tyrians, caused them to excite the king of Babylon to besiege Jerusalem, 53.

SPAIN, its grand armada not equal to the privateers fitted out at Liverpool during the last war, 8.-- Persecutes the Flemings, 47.-- The effects of wealth on it, 63.-- Its insolence and pride, 64.-- And sudden decline, ib.-- Wealth made it neglect industry, 65.-- Gains great sums by South America, yet is not an object of envy, 292.

T.

TAXES at Rome, in its decline, became terrible, 40,- 41, 42.-- Taxes in France taken off while the assignats were creating, 42.-- So great at Rome, that the citizens envied the barbarians, 43.-- The power of laying on depends on circumstances, 92.-- Always increasing, 102.-- Of the American States an exception, 103.-- Why collected rigorously, 104.-- Those which fall on persons or personal property, the most obnoxious, 105.-- Of England, laid on better than in any other nation, 106.-- Prolong the action of necessity, and augment industry to a certain point, which, when they pass, they crush it, 107, 108.-- Their produce expended on unproductive people, 109, 110, 111.-- Are like a rent paid for living in a country, 112 to 115.-- In England, their effects, 229 to 233.-- Taxes and rent augment industry, 236, 237.-- In London, heavier than elsewhere, yet people crowd to London, 238, 239.-- If taken off suddenly, would be hurtful, 240 to 244.-- For the maintenance of poor, 247 to 256.

TRADE--See Commerce.

TREATIES, the best observed, have been those founded on equity add =sic= mutual interest, 186.

TYRE, early commerce, 21, 23.-- Its destruction one of the most permanent effects of Alexander's wars, 24.-- Excited the king of Babylon to take Jerusalem, 45.

V.

VENICE, its greatness, 56, 57.