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BLANKENHORN, HEBER. The Strike for Union....

127

CLARK, FRED E. Readings in Marketing...

477

CLEMEN, RUDOLF ALEXANDER. American Livestock and Meat In-

dustry

COPELAND, M. T. Principles of Merchandising.

367

COWDRICK, EDWARD S. Manpower in Industry..

367

ELY, RICHARD T. and MOREHOUSE, EDWARD W. Elements of Land

Economics

246

EVERITT, F. C. and HEYWOOD, JOHNSON. Cost Control for Foundries 126

FAULKNER, H. U. American Economic History.

361

FEIS, HERBERT. Principles of Wage Settlement.

472

FERRIS, E. E., and COLLINS, G. R. Salesmanship......

479

FOSTER, WILLIAM TRUFANT, and CATCHINGS, WADDILL. Money..... 124

HALL, LINCOLN W. A Study of the Cyclical Fluctuations Occurring

in the National Bank System During the Years 1903 to 1921... 479

HENDERSON, GERALD C. The Federal Trade Commission: A Study

in Administrative Law and Procedure...

567

HIGGS, HENRY. Palgrave's Dictionary of Political Economy.

575

HINRICHS, A. F. The United Mine Workers of America and the Non-

Union Coal-Fields.....

570

JENSEN, JENS P. Problems of Public Finance.

563

KOHLER, E. L. Accounting Principles Underlying Federal Income

Taxes

565

LANFEAR, V. W. Business Fluctuations and the American Labor

Movement, 1915-1922....

253

LINK, HENRY C. Education and Industry..

244

LUBIN, ISADOR. Miners' Wages and the Cost of Coal...

LUTZ, HARLEY L. Public Finance. ....

569

MCKINSEY, J. O. Managerial Accounting, Vol. I...

470

MILLER, EARL J. Workmen's Representation in Industrial Govern-

ment

248

MOLLER, E. M. and others. Some Great Commodities...
MILLS, R. C. and BENHAM, F. C. Lectures on the Principles of

Money, Banking, and Foreign Exchange and Their Application
to Australia......

695

MONROE, A. E. Early Economic Thought..

256

MOREHOUSE, FRANCES, and GRAHAM, SYBIL FLEMING. American

128

MORMAN, JAMES B. Farm Credits in the United States and Canada 125

NASH, BRADLEY D. Investment Banking in England.....

364

NOURSE, E. G. American Agriculture and the European Market.... 684

PATON, W. A. Accounting....

478

PATON, WILLIAM A. Accounting Theory......

366

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368

POLITICAL
ECONOMY

Volume XXXVIII

FEBRUARY 1930

Number 1

1

A Measurement of British Industrial Production

N. A. Tolles and Paul H. Douglas
Inter-Allied Debts, Reparations, and National Policy

H. L. Lutz
The General Property Tax and the Farmer Mabel Newcomer

29

62

The Rise of the American Cottonseed Oil Industry

H. C. Nixon 73
The St. Lawrence Navigation and Power Project

Lesslie R. Thomson 86

BOOK REVIEWS
Seligman's The Economics of Farm Relief (Nourse), 108.-Hoyt’s The Consumption of Wealth (Kyrk),
112.-Waite's The Economics of Consumption (Armstrong), 113.—Nystrom's Economics of Fashion
(Lyon), 115.-— Taylor's Making Goods and Making Money (Knight), 117.—Secrist and Folse's Margins,
Expenses and Profits in Retail Hardware Stores (Simpson), 119.-Macdonald's Federal Aid: A Study of
the American Subsidy System (Bittermann), 120.–Bradwin's The Bunkhouse Man: A Study of Work
and Pay in the Camps of Canada, 1903-1914 (Staley), 121.- Lazard's Politique et Théories Monétaires
Anglaises d'Après-Guerre (Burns), 122.

Books Received

124

THE UNIVERSITY OF CHICAGO PRESS

CHICAGO, ILLINOIS, U.S.A.

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THE JOURNAL OF
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EDITED BY JACOB VINER AND F. H. KNIGHT, WITH THE CO-OPERATION
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YALE UNIVERSITY

Strathcona Memorial Fellowships in Transportation
FY
FIVE Strathcona Memorial Fellowships in Transportation, of Twelve

Hundred Dollars each, are offered annually for advanced work in Transportation, with special reference to the construction, equipment, and operation of railroads, and other engineering problems connected with the efficient transportation of passengers and freight, as well as the financial and legislative questions involved. Transportation by water, highways, or airways, and the appropriate apparatus involved, and also other general aspects of the broad field of transportation, embracing its legal and economic phases, will be included in the lists of subjects which the Fellows may select for investigation and study. The holder of a Fellowship must be a man who has obtained his first degree from an institution of high standing. The primary purpose of the Fellowship is to promote advanced work, especially research; but it is possible to combine such work with the attainment of an advanced degree. In making the award, preference is shown, in accordance with the will of Lord Strathcona, to such persons or to the sons of such persons as have been, for at least two years, connected in some manner with the railways of the Northwest.

Applications for these Fellowships should be addressed to the Dean of the Graduate School of Yale University, New Haven, Connecticut, before March 1, on blanks which may be obtained from him. Applicants must submit with their application a brief biography, a statement giving the reasons for desiring to pursue advanced work, and the subject contemplated for special study, and a certified record of their previous courses of study in college or technical school, and their standing therein. They should also submit testimonials bearing upon their qualifications. A recent photograph of the applicant is requested.

Various courses of study relating to transportation along engineering, economic, and legal lines are now offered by Yale University. For greater particularity the applicant is referred to the Catalogue of the Yale University Graduate School, and especially to details found under the following groups and courses of study, viz.: Social and Political Science; Government and Public Law; Civil Engineering; Electrical Engineering; Mechanical Engineering; Engineering Mechanics. The Strathcona Memorial Fellows will be entitled to pursue investigation in any of these aspects of transportation in which the University offers competent guidance and supervision.

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