Metals, Precious, not a perfect standard of value, their own value fluctuating, 151, 152. Métayage, system of, explained, 61, note. Molière, his Malade Imaginaire quoted, 104. Molinari, M. de, his description of Bastiat's appearance quoted, 17. Money, an intermediate commodity which facilitates the exchange of services, but does not change the principle of value, 142. Montaigne quoted, 97. Moral qualities must be taken into account with reference to production of wealth, 93, 94. Morality of Wealth, considerations on, 193, 194. Morals, relations of Political Economy with, 513, note. Moreau de Jonnès, his calculations of the period of doubling the population in various countries, 403. Moses, his account of the multiplication of Hebrews who entered Egypt, 407. N. Newton, Sir Isaac, referred to, 62. O. Organization, natural and artificial, 47. P. Paix et Liberté, pamphlet by Bastiat against excessive taxation and overgrown military and naval armaments, 22. Pamphlets by Bastiat, Réflexions concernant les Douanes, and Le Fisc et la Vigne, published 1840, 11, 12. Mémoire sur la question Vinicole appeared in 1843, and Mémoire sur la répartition de l'impôt foncier in 1844, ib. Pamphlets against the Socialists, Propriété et Loi, Propriété et Spoliation, Justice et Fraternité, Capital et Rente, Gratuité du Credit, Protectionisme et Communisme, etc., published in 1848-9, 22. Maudit Argent! extract from, 23. Baccalauréat et Socialisme, and Ce qu'on voit et ce qu'on ne voit pas, published in 1850, ib.; extracts from the latter, 24, 25. Peel, Sir R., triumph of Free Trade due not so much to him as to Mr Cobden, 374. Perfectibility, means of realizing, to be found in law of Responsibility, 509. Liberty the essence of progress, ib. Formidable obstacles to progress, 509, 510. But no ground for despair, 510. Châteaubriand represents civilisation and corruption of morals as marching abreast, 511, 512. Petty, Sir W., cited, 186. Phalanstère, a Socialist work, referred to, 64, 205, note. Physiocrates, French Economists of the school of Quesnay, 153, note. Represented all labour not worked up in a material commodity as sterile, ib. Political Economy, limits of the science marked out, 70, 71. May be defined the theory of exchange, 73; or the theory of value, ib. Takes for granted the existence of evil and suffering, 76. Many errors in, arise from regarding human wants as a fixed quantity, 79. Not one of the exact sciences, 82, 83. First principles of, involved in difficulties by erroneous definitions of value, 136. A science of observation and exposition, 502. Contrast between Political Economy and Socialism, ib. Relations of Political Economy with Morals, Politics, and Legislation, 513, note.