Lancashire, Old, 57 Expansion of, 65 Weavers’ grievances, 72 Land, Rent of, 3-5 Point at which it becomes a close monopoly, 7 Powers of the County Councils to hold, 139 Nationalization of, 47, 172 Landlord, What he costs, 14 Landed Interest, Its policy, 187 Lassalle, Ferdinand, 57, 162 Law of Indifference, 11, 12 “ “ Rent (See also RENT), 4, 53, 161 “Leaseholds Enfranchisement”, 51, 174 Leaseholds: Origin of, 8 Confiscation at expiry of, 171 Lecky, W. J., 34, 71, 73 Leclaire and Godin, Experiments of, 151 Leed, 33, 38, 47 Legislation: Breakdown of mediæval, 160 (See also FACTORY LEGISLATION.) Leveling-down action of Private Property, 14 Levi, Leone, 54 Liberal and Radical Union in favor of County Councils holding land, 47, 138 Libraries, Public, 134 Liberal Party, Its policy on Socialism, 190-192 Liberty and Equality, 53, 157 Liberty and Property Defence League, 47 Lincoln, Abraham: The moral of his assassination, 74 Liverpool, Growth of, 33 Lloyd, Henry D., on “Lords of Industry”, 83 Local: Improvement Acts, 41 Self-Government, 171 Government Boards dealings with the unemployed, 174 Government Board of the future, 181 Lodging Houses, Municipal, 47 London: Facts concerning, 181 The County Council, 181 Extraordinary proportions reached by Economic Rent in, 171 Liberal and Radical Union, 47, 138 London and Southwestern Railway shareholders, 78 “Looking Backward”, 145 Louis XVI, 56 Lying, As vice or virtue, 107 Machinery: Shoemaking by, 61 Agriculture by, 62 Displacement of hand labor by, 63 Progress of, 138, 146 Substitution for hand labor in disagreeable employments, 145 Chimney Sweeping by, 146 Maine, Sir Henry, 29, 54 Malthus, Rev. T. R., 32, 39, 162 Man as producer and exchanger, 12 “Man _versus_ the State”, 47 Management, Profits of industrial, 179 Managers, Qualifications and present value of industrial, 179-80 Manchester, 33, 38, 46 Manchester School, 74, 168 Its advocacy of Protection, 176 Manners, Lady Janette on “Are Rich Landowners Idle?”, 109 Manorial Rights, 32, 38 Mills, 38 Manors, 2, 32, 38 Marginal Utility (See FINAL UTILITY). Margin of Cultivation, 2, 5 Obligation of private competitors to charge the full cost of production at, 178-9 Markets: Effect on rent of proximity to, 3 The fight for foreign, 74, 181 Marriage, Contract of, 131 Marshall, Alfred, and Mary Paley--Definition of rent, 4 Marx, Karl, 36, 162, 169 Matthew, Guild of St., 39 Maurice, F. Denison, 39, 41, 79 Meliorism, 24 Men, Traffic in, 9 Mercantile System, 38 Method of Criticism on Moral Basis, 95 Metœci in Athens, 125 Middle Ages: Social Organization in the, 157