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Geldverfassung. JOSEF SCHUMPETER, Die Entwicklung der österreichischen Staatsschulden seit Bestand der Verfassung. J. PÜREGGER. Die finanzielle und wirtschaftliche Entwicklung Russlands. A. v. MARKOW. Die Brüsseler Zuckerkonvention. H. FRIESS. Über die Produktivität der Berufsstände, insbesondere der Beamten. O. SPANN. Das französische Bankwesen. EUGEN KAUFMANN.

Weltwirtschaftliches Archiv.

JULY, 1913. Die Standortsprobleme in der Volks- und Weltwirtschaftslehre. V. FURLAN. A mathematical and diagrammatic treatment of some problems of international trade. Tendenzen des italienischen Handels im östlichen Mittelmeer. R. MICHELS. Die internationalen Verflechtungen des Versicherungswesens. ALFRED MANES. Die internationale Organisation der Petroleum gewinnung und des Petroleumhandels. J. MENDEL. Der Tabakmarkt in Holland. W. DÖHLE.

MARCH, 1913.
METHORST.

De Economist (The Hague).

Nederlandsche bevolkingsstatistiek. I. H. W.
Continued in April and June.

APRIL, 1913. Nederland en Engeland op Koloniaal muntgebied. N. P. VAN DEN BERG. A comparison between the currency systems of India and the Dutch Colonies.

MAY, 1913. De Curaçaosche bank, I. G. J. FABIUS. De etablissementen van Landbouw. J. C. KIELSTRA. Historical.

JULY-AUGUST, 1913. Een ideale waarde-standaard? G. M. BOISSEVAIN. Eenige opmerkingen omtrent giroverkeer. W. M. J. VAN LUTTERVELD. De Curaçaosche bank, II.: Het grondcrediet. G. J. FABIUS.

Giornale degli Economisti (Rome).

MAY, 1913. Considerazioni in difesa del giuoco d'azzardo legalmente disciplinato. T. MARTELLO. A paradoxical polemic against existing legal restrictions upon gambling. Il prodotto dei trasporti di Merce sulle linee ferroviarie Italiane. G. MORTARA.

JUNE.

Uno Stato nello Stato. L. AMOROSO. The Italian railways threaten to be a dangerous "State within the State." colonizzazione della Siberia. JENNY G. KRETSCHMANN. historical sketch.

JULY. Il conflitto Nippo-Americano.

UGO DE BEnedetti.

La

An

On

the strained relations between Japan and the United States. Numeri indici dello Stato e del progresso economico delle regioni Italiane. G. MORTARA. An index number constructed from the changes in ten (or twelve) indications of economic progress (e.g., the amount of power employed in industry, the value of successions) shows an advance of 53 per cent. in the decade 1911 for the whole of Italy, and percentages ranging from 32 to 81 for different provinces. The data are also employed statically to show the economic relation of the provinces to the kingdom at one and the same period. Considerazioni in difesa del giuoco. T. MARTELLO. Continued from June, and concluded.

La Riforma Sociale (Turin).

JUNE JULY, 1913. Il problema della popolazione in Italia. ACHILLE NECCO. The causes of the particularly rapid decline of natality in Piemont and Liguria are investigated; and it is found that different explanations-decline in the number of marriages or in the proportion of women of marriageable age, the later age of marriage, increased diffusion of property, &c.-apply with different force in different localities. A further issue of the Riforma consists of L'Italia Economica nel 1912, an annual record of the commercial, industrial, and financial condition of Italy.

NEW BOOKS

English.

BARKER (D. A.). The Theory of Money. Cambridge: University Press. 1913. Pp. vii+ 141. 1s. net.

[A further volume in the series of Cambridge Manuals, in continuation of Cash and Credit by the same author. Mr. Barker has "attempted in this book to set forth the more important results of recent American work, without omitting those divisions of the subject which are better known to English students." A clear, elementary text-book, of not very penetrating quality, by a close disciple of Professors Fisher and Kemmerer. Perhaps the book has been too easily compiled-the reader may feel that not very much turmoil of spirit has gone to the making of it.]

CHATTERTON (ALFRED). Statistical Information regarding the External Trade of the Mysore State during the decennial period, 1901-11. Bangalore: Vokkaligara Sangha Press. 1913. Pp. 30. [A valuable summary of the material condition of Mysore, prepared for the Mysore Economic Conference.]

Cotton Growing in Egypt and the Anglo-Egyptian Sudan. Manchester. 1913. Pp. 347.

[Official Report of the visit of the delegation of the International Federation of Master Cotton Spinners' and Manufacturers' Associations to Egypt (Oct.-Nov. 1912) and a report by the Secretary, Mr. Arno Schmidt, on a visit to the Sudan. Sir Reginald Wingate contributes the preface.]

DEHN (R. M. R.) The German Cotton Industry. Manchester: University Press. 1913. Pp. 109. 2s. net.

[A report by the Gartside Scholar in the University of Manchester, published as No. xiv in the University's Economic Series. To be reviewed.]

DUNLOP (O. JOCELYN). The Farm Labourer: the History of a Modern Problem. London: Fisher Unwin. 1913. Pp. 268. 7s. 6d. net.

[To be reviewed.]

FAY (C. R.). Co-partnership in Industry. Cambridge: University Press. 1913. Pp. 144. 1s. net.

[In the Cambridge Manuals Series. To be reviewed.]

FOSTER (WILLIAM). The English Factories in India, 1642-1645. Oxford: Clarendon Press. 1913. Pp. xxxvii +339. 12s. 6d. net. [A calendar of documents in the India Office. The seventh volume of this series. Reviewed above.]

GASKELL (THOMAS PENN). Protection paves the path of Prosperity. London: P. S. King. 1913. Pp. xii+147. 3s. 6d.

net.

["A few facts and arguments showing the absurdities of the Free Food cry, and the misleading and inaccurate assertions made in support of that cry." To be reviewed.]

GIBBS (MRS. PHILIP), edited by. First Notions of Social Service. London: P. S. King. 1913. Pp. 80. 6d. net.

[Catholic Studies in Social Reform. V.]

GILCHRIST (R. N.). Survey of a Calcutta District. Calcutta: Edinburgh Press. 1913. Pp. 18.

[An interesting paper, read before the Social Study Society of Calcutta, on the Housing and Social Conditions of a district of the City, briefly opening up what is, so far as printed authorities go, almost entirely new ground.]

GREEN (F. E.).' The Tyranny of the Countryside. Fisher Unwin. 1913. Pp. 261. 5s. net.

[To be reviewed.]

London :

HIRST (F. W.). The Six Panics and other Essays. London : Methuen. 1913. Pp. vi+271. 3s. 6d. net.

[The "other essays" deal with very various topics. To be reviewed.]

Indian Currency and Finance. Bombay: The Times Press. 1913. Pp. 241.

["A series of articles dealing with various phases of Indian Currency and Financial questions published in The Times of India between March, 1910, and April, 1913."]

INSTITUT SOLVAY. The Policy of Social Reform in England. Brussels Misch & Thron. 1913. Pp. xiii + 103.

[Lectures delivered at the Institute by members of the Eighty Club: Mr. Philip Morrell on The Rural Problem, Mr. A. G. Gardiner on Social Policy, Sir John Brunner on Industrial Politics, and Mr. Charles Mallet on Fiscal Policy.]

IRISH TAXPAYER. The Finance of the Home Rule Bill. Dublin:

Sealy, Bryers, and Walker. 1913. Pp. 18.

[Suggestions for the amendment of the financial clauses of the Home Rule Bill.] KEYNES (JOHN MAYNARD). Indian Currency and Finance. London: Macmillan. 1913. Pp. viii+263. 6s. net.

[To be reviewed.]

KOLTHAMMER (F. W.). Some Notes on the Incidence of Taxation on the Working-class Family. London: Ratan Tata Foundation. 1913. Pp. 16.

[The first of a series of Memoranda on Problems of Poverty to be published by the Ratan Tata Foundation, which is connected with the London School of Economics. The author has attempted to estimate the burden of food taxation on families of different incomes and in various localities.]

LETHBRIDGE (SIR ROPER). The Indian Offer of Imperial Preference. London: P. S. King. 1913. Pp. xii+171. 2s. 6d. net. [With an introduction by Mr. Austen Chamberlain. To be reviewed.]

LEVY (HERMANN).

Economic Liberalism. London: Macmillan.

1913. Pp. ix + 124. 4s. 6d. net.

[Translated from the German edition the title of which, "Die Grundlagen der ökonomischen Liberalismus in der Geschichte der englischen Volkswirtschaft," better describes the scope of this brief historical study. The German edition is reviewed above.]

MORSE (H. B.). The Trade and Administration of China. Revised edition. London: Longmans. .913. Pp. xiii +466. 10s. 6d. net.

[This standard work, which was first published in 1908 and reviewed in the ECONOMIC JOURNAL, vol. xviii, p. 295, now appears in a second edition, revised but not apparently much changed. Mr. Morse's account of this Chinese Currency, in particular, has taken the position of the principal authority on this subject.]

OAKENFULL (J. C.). Brazil in 1912. London: Robert Atkinson. 1913. Pp. 498.

[A description of commercial products, etc., prepared for free distribution.] PARKINSON (MGR. HENRY). A Primer of Social Science. London : P. S. King. 1913. Pp. xii +276. 2s. net.

[An elementary manual prepared for the Catholic Social Guild by the Rector of Oscott College, Birmingham.]

PATAUD (EMILE) and POUGET (EMILE). Syndicalism and the Co-operative Commonwealth (How we shall bring about the Revolution). Oxford: The New International Publishing Company. 1913. Pp. xvi+237. 2s. 6d. net.

[A Syndicalist Manifesto. Translated from the French by C. and F. Charles; Foreword by Tom Mann; preface by Peter Kropotkin; drawings by Will Dyson. Reviewed above.]

PETAVEL (J. W.). The Other Great Illusion. London: George Allen. 1913. Pp. 69. 6d. net.

[Based on a series of articles in the Westminster Gazette. "The object of this book is primarily to draw more attention to the facts of modern social economics which show that present day conditions demand an essentially constructive programme of social reform and that therefore the modern social question need not set class against class."]

REINHEIMER (HERMANN). Evolution by Co-operation: A Study in Bio-Economics. London: Kegan Paul. 1913. Pp. xiii +200.

3s. 6d. net.

[More biological than economic, and not concerned, as the title might suggest, with the Co-operative Movement.]

ROBINSON (M. FOTHERGILL). The Spirit of Association. London : John Murray. 1913. Pp. x+403. 6s. net.

[An historical "account of the Gilds, Friendly Societies, Co-operative Movement, and Trade Unions of Great Britain. Reviewed above.]

ROWNTREE (B. SEEBOHM) and KENDALL (MAY). lives: A Study of the Rural Labour Problem. 1913. Pp. 342. 2s. net.

[To be reviewed.]

How the labourer

London: Nelson.

ST. LEWINSKI (JAN). The Origin of Property and the Formation of the Village Community. London: Constable. 1913. Pp. xi+71. 3s. 6d. net.

[Lectures delivered at the London School of Economics. Based on the study "of a very rich Russian literature dealing with primitive forms of property." To be reviewed.]

SMIRKE (R. S.). Reports on Birmingham Trades, prepared for use in connection with the Juvenile Employment Exchange. 4 vols. London: H.M. Stationery Office. 1913. Pp. 8+16+7+12.

[These handbooks, which deal respectively with Sporting Guns and Rifles, Electro-Plate Trade, Printing and Allied Trades, and Jewellery, are the first of a series under official auspices "which it is proposed to issue on the principle trades and occupations in Birmingham."]

SOMBART (WERNER). The Jews and Modern Capitalism. Translated by M. Epstein. London: Fisher Unwin. 1913. 15s. net.

[The German edition was reviewed in the Economic Journal, vol. xxii, p. 294.]

UNWIN (MRS. COBDEN). The Land Hunger-Life under Monopoly. London: Fisher Unwin. 1913. Pp. 234. 2s. net.

["Descriptive letters and other testimonies from those who have suffered," with an introduction by Mrs. Cobden Unwin and an essay by Brougham Villiers. To be reviewed.]

WEBB (CLARENCE A.). Valuation of Real Property. Third edition, revised and enlarged by Arthur Hunnings. London: Crosby Lockwood. 1913. Pp. xii + 340. 7s. 6d. net.

["A Guide to the Principles of Valuation of Land and Buildings, etc., for various purposes, including the taxation of land values." This work, the first edition of which was published in 1909, and reviewed in the ECONOMIC JOURNAL, Vol. XIX, p. 579, is now brought up to date, and a chapter on Tithe Rent-charge added. It is of a very technical character but seems well adapted for purposes of reference by non-experts.]

WRIGHT (REV. THOMAS), edited by. Sweated Labour and the Trade Boards Act. Second edition: thoroughly revised and brought up to date. London: P. S. King. 1913. Pp. 78. 6d. net. [Catholic Studies in Social Reform. II.]

American.

BABSON (ROGER W.) and MAY (RALPH).

Commercial Paper: A

London: Effingham

Text Book for Merchants, Bankers, and Investors. Wellesley Hills,
Mass. Babson's Statistical Organisation.
Wilson. 1913. Pp. 246. 8s. 6d. net.

["The book is primarily written for the officers of our nation's twenty thousand banks, to aid them in selecting the best of such paper." To be reviewed.]

BEARD (CHARLES A.). An Economic Interpretation of the Constitution of the United States. New York: Macmillan Company.

1913. Pp. vi+330. 10s. net.

[The author, who is an Associate Professor of Politics in Columbia University, maintains the thesis that economic factors played an important part in determining the nature of the American Constitution. Reviewed above.]

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