Current Economic Problems: A Series of Readings in the Control of Industrial ...

B. PECUNIARY COMPETITION

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69. Economic Activity as a Struggle for Existence. Arthur Fairbanks 148

70. Competition and Organization. Charles H. Cooley.

71. The Beneficence of Competition. Charles Kingsley

72. Competition and Selfishness. S. J. Chapman

73. The Ethics of Competition. J. A. Hobson

74. State Determination of the Plane of Competitive Action. Henry C.
Adams.

C. PRICE-FIXING BY AUTHORITY

75. The Statute of Laborers. Statutes of the Realm

76. Price-Fixing by Commission. Martin Luther.

77. The Futility of Price-Fixing. John Witherspoon

D. THE FUNCTION OF MIDDLEMEN

78. A Condemnation of Forestallers. Statutes of the Realm

79. If Forestallers Had Their Deserts.

80. The Function of the Middleman.

81. Middlemen in the Produce Trade.

82. The Gamble of Life. John W. Gates .

83. The Twilight Zone. Harry J. Howland

84. The Ethics of Speculation. Outlook.

85. The Utility of Cotton Futures.

86. Hedging on the Wheat Market.

87. The Ups and Downs of Securities.

Alfred B. Shepperson

Albert C. Stephens

Francis W. Hirst

88. The Function of Exchanges. Charles A. Conant

89. The Experience of Germany with Stock Exchanges. The Hughes
Committee

F. THE CORPORATION

90. The Nature of the Business Corporation. Harrison S. Smalley
91. Corporate Distribution of Risk and Control. W. H. Lyon
92. The Management of the Corporation. Wesley C. Mitchell
93. The Ethics of Corporate Management. Henry Rogers Seager
94. The Corporation and Personal Efficiency. George W. Perkins
95. The Function of the Corporation. J. B. Canning

V. Problems of the Business Cycle

Introduction

A. THE DELICATE MECHANISM OF INDUSTRY

96. The Spirit of Business Enterprise. Wesley C. Mitchell

97. The Interdependence of Prices. Wesley C. Mitchell

98. The Sensitive Mechanism of Credit. Harold G. Moulton

99. The "Planlessness" of Production. Wesley C, Mitchell .

B. THE ECONOMIC CYCLE

100. The Periodicity of Commercial Crises. J. S. Nicholson

101. The Rhythm of Business Activity. Wesley C. Mitchell .

C. THE ANTECEDENTS OF CRISES

102. The Causes of the Panic of 1893. W. Jett Lauck

103. The Irrepressible Crisis. W. H. Lough, Jr.

104. Industrial Conditions Preceding the Panic. Moody's Magazine

105. The Arrested Crisis of 1907. Edwin R. A. Seligman

D. THE COURSE OF A CRISIS

106. The Course of the Panic of 1893.

107. The Course of the Panic of 1907.

108. The Order of Events in a Crisis.

Alexander D. Noyes

Ralph Scott Harris

Arthur T. Hadley

E. FINANCIAL AND INDUSTRIAL CONDITIONS DURING A CRISIS

109. A Week of Financial History. Commercial and Financial

-235

236

112. The Hoarding of Currency in 1893. J. DeWitt Warner

113. Estimate of Money Hoarded in 1907. Moody's Magazine

114. Economies in Credit. Atlanta Clearing House.

115. Shipment of Currency to the Interior. Commercial and Financial

Chronicle

F. INDUSTRIAL CONDITIONS DURING A DEPRESSION

116. Panics versus Depressions. George H. Hull

117. The Extent of the Depression of 1907-8. Moody's Magazine

G. TYPICAL THEORIES OF CRISES

118. The Fruits of the Exploitation of Labor. Frank K. Foster

119. The Impossibility of Over-Production. John Stuart Mill

120. Sun-Spots and Crises. W. Stanley Jevons

121. The Neo-Jevonian Theory. Alvin S. Johnson

122. Capitalization and Crises. Frank A. Fetter

123. The Lagging Adjustment of Interest. Irving Fisher

247

H. CREDIT AND CRISES

124. Inelasticity of Credit under the National Banking System.

Harold G. Moulton .

24)

125. How a Panic Was Averted in 1914. Journal of Political Economy. 251

126. Provisions for Elasticity in the New Currency Act. L. M.

Jacobs, Jr..

253

127. Emergency Elasticity of Credit. Harold G. Moulton

128. Emergency Elasticity of Note Issue. Fred M. Taylor

I. CONTROL OF THE INDUSTRIAL CYCLE

129. Panic Rules for Banks. Walter Bagehot

130. The Part of Individual Responsibility. Theodore E. Burton

131. Bettering Business Barometers. Wesley C. Mitchell

132. The Severity of the Trade Cycle in America. W. A. Paton

VI. Problems of International Trade

Introduction

A. THE BASIS OF INTERNATIONAL TRADE

133. International Co-operation. Charles Gide

134. The Law of Comparative Costs. Fred M. Taylor

135. The Theory of Free Trade

B. THE MECHANISM OF INTERNATIONAL TRADE

136. The Theory of International Exchange

137. The Favorable Balance of Trade. Thomas Mun and Charles W.

Fairbanks.

275

277

138. The Mystery of the Balance of Trade. Hartley Withers

139. The Reciprocal Character of International Trade. Fred M.

Taylor

278

281

144. What the State Owes to Industry. George B. Curtiss

145. The Production of Prosperity. Daniel Defoe

146. The Ten Commandments of National Commerce. A German

147. The Test of Faith. Roswell A. Benedict

293

148. The Universal Fruits of Free Trade. Andrew Yarrington

294

E. THE CASE FOR PROTECTION

149. Protection and Industrial Transformation. Friedrich List

150. America's Allegiance to Protection. Albert J. Leffingwell

151. Present Validity of the Young-Industry Argument. Frank William

152. Protection and the Formation of Capital. Alvin S. Johnson

153. The Economics of Protection

F. THE INFLUENCE OF THE TARIFF ON WAGES

155. High Wages an Obstacle to Manufacture. Daniel Webster

156. Protection and High Wages. American Economist

157. The Effect of Industrial Changes on Wages. Alvin S. Johnson

G. THE HISTORICAL SETTING OF THE CURRENT TARIFF PROBLEM

158. A Half-Century of Tariff History. Harrison S. Smalley.

159. Recent Tariff History

313

317

160. What a Tariff Bill is Like. The Underwood-Simmons Act

319

H. THE ARGUMENT FROM EXPERIENCE

161. Protection and Prosperity. Robert Ellis Thompson

323

162. American Free Trade and American Prosperity. George Baden-

Powell

324

325

163. Free Trade and Prosperity. Liberal Party Pamphlet

I. THE IMPRACTICABLE NATURE OF PROTECTION

164. A Humble Request of Congress. Wool Growers and Manufacturers 327

165. Woolens and Welfare. N. T. Folwell.

166. A Recipe for Securing Duties. S. N. D.. North and William

167. The Tariff a Local Issue. Congressional Record

168. Tariff for Politics Only. Peter Finley Dunne

169. Tricks of Tariff Making.

J. THE SCIENTIFIC REVISION OF THE TARIFF

170. Producers' Costs and Tariff Duties. William C. Redfield
171. Investigation and Tariff Legislation. Henry C. Emery
172. The Impossibility of Ascertaining Costs. H. Parker Willis

Introduction

VII. The Problem of Railway Regulation

A. THE FUNDAMENTAL FACTORS OF THE PROBLEM

173. The Extent of American Railway Interests. I. Leo Sharfman

174. The Dual Nature of the Railway Corporation

175. The Economic Basis of Regulation. I. Leo Sharfman
176. The Futility of Railway Competition. Arthur T. Hadley

B. DISCRIMINATORY PRACTICES OF THE RAILROADS

177. Types of Railway Discrimination. George H. Lewis

178. Discriminations between Commodities. Albert N. Merritt

179. Discriminations in the Transportation of Oil. Commissioner of

Corporations