S.

‹Saint-Chamans, M. de›, referred to and quoted, 184.

His doctrine confuted, 185, 186.

‹Sale and Purchase› is barter by means of an intermediate

commodity, 109.

Both resolve themselves into an exchange of services, 110.

‹Satisfaction of Consumers›, the sole end of production, 94, 95,

96.

The term satisfaction preferred to the word consumption, as more

general, ‹ib.›

‹Saving› is not to accumulate commodities, but to interpose an

interval between time of rendering and receiving services, 393.

The demand for labour and the rise of wages depend on

augmentation of capital, ‹ib.›

Difficulties on the subject of saving removed by reference to

the principle of value, 391.

To interpose delay between services rendered and received is

itself to render a service; it has value, and hence the origin

of interest, 395.

To give credit is to render a service, which also has value, 396.

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