BRITISH ECONOMIC ASSOCIATION.

BRITISH ECONOMIC ASSOCIATION.Council:The Right Hon.G. J. GOSCHEN, M.P.,President.The Right Hon.A. J. BALFOUR, M.P.,Vice-Presidents.The Right Hon.H. C. E. CHILDERS, M.P.,The Right Hon.LEONARD H. COURTNEY, M.P.,The Right Hon.JOHN MORLEY, M.P.,Mr.JOHN BIDDULPH MARTIN,Treasurer.68 Lombard Street, E.C.ProfessorC. Bastable.Mr.Henry R. Beeton.Mr.James Bonar.Mr.Charles Booth.Mr.John Burnett.Mr.Thomas Burt, M. P.MajorPatrick George Cragie.Rev. ProfessorCunningham, D. D.Mr.T. H. Elliott(Hon. Secretary).SirThomas Farrer, Bart.ProfessorH. S. Foxwell(Hon. Secretary).Mr.Charles Gairdner.Dr.Giffen, C. B.ProfessorE. C. K. Gonn.Mr.Alfred Spalding Harvey.Mr.Henry Higgs.Mr.Alfred Hoare.Mr.George Howell. M. P.ProfessorJ. K. Ingram.Mr.J. N. Keynes.ProfessorAlfred Marshall.ProfessorJ. E. C. Munro.ProfessorJ. S. Nicholson.Mr.R. H. Inglis Palgrave, F. R. S.Rev.L. R. Phelps.Mr.L. L. Price(Hon. Secretary).Mr.John Rae.SirRawson Rawson. K. C. M. G., C. B.Mr.Frederick Seebohm.ProfessorHenry Sidgwick.Mr.H. Llewellyn Smith.Rev.Philip Wicksteed.ProfessorF. Y. EDGEWORTH, M. A., D. C. L.,Editor and Secretary.Correspondents:Mr.F. C. HarrisonforCalcutta(4, Harrington Street, Calcutta).Prof.W. J. AshleyforCanada(University of Toronto).Mr.A. DuckworthforNew South Wales(87, Pitt Street, Sydney).Dr.Stephan BauerforAustria-Hungary(1 Reichsrath-Strasse, 23, Vienna).Dr.MahaimforBelgium(322, Rue St. Giles, Liège).Prof.Charles GideforFrance(Université, Montpellier).Prof.Gustav CohnforGermany(Universität, Königsberg).Prof.H. B. GrevenforHolland(Leiden).Mons.E. CastelotforParis(158, Boulevard Mal’esherbes).Prof.F. TaussigforUnited States(Cambridge, Massachusetts).The Annual Subscription is a Guinea (26½ francs). There is at present no entrance fee. Any member may at any time compound for his future yearly payments by paying at once the sum of Ten Guineas (265 francs). The Journal will be supplied to Members without charge. They will also receivegratissome of the other publications which the Association may, from time to time, issue.Any person desirous of becoming a member of the Association is requested to send his name toProfessorF. Y. EDGEWORTH,British Economic Association, 9, Adelphi Terrace, London, W. C., who will submit it to the Council for approval at their next meeting.Editorial Communications should be addressed to Prof.F. Y. Edgeworth, Balliol College, Oxford.For Statements made by Contributors to the Journal, they alone are responsible.

The Right Hon.G. J. GOSCHEN, M.P.,President.

Mr.JOHN BIDDULPH MARTIN,Treasurer.68 Lombard Street, E.C.

ProfessorF. Y. EDGEWORTH, M. A., D. C. L.,Editor and Secretary.

The Annual Subscription is a Guinea (26½ francs). There is at present no entrance fee. Any member may at any time compound for his future yearly payments by paying at once the sum of Ten Guineas (265 francs). The Journal will be supplied to Members without charge. They will also receivegratissome of the other publications which the Association may, from time to time, issue.

Any person desirous of becoming a member of the Association is requested to send his name toProfessorF. Y. EDGEWORTH,British Economic Association, 9, Adelphi Terrace, London, W. C., who will submit it to the Council for approval at their next meeting.

Editorial Communications should be addressed to Prof.F. Y. Edgeworth, Balliol College, Oxford.

For Statements made by Contributors to the Journal, they alone are responsible.

AMERICAN ECONOMIC ASSOCIATION.PUBLICATIONS.FIVE VOLUMES COMPLETED.—They will be sent:—bound in cloth, at $5 each; any two for $9; any three for $13; any four for $17; and all five for $21; all five volumes bound in half morocco, $23.50; single volumes in half morocco, $5.50. Unbound, $4 per volume. Forwarded post-paid.Subscription to Volume VI, $4.00.CONTENTS OF VOLUMES.Vol. I.—Bound, $5; Unbound, $4.No. 1.—Report of the organization of the American Economic Association.ByRichard T. Ely.Nos. 2 and 3.—The Relation of the Modern Municipality to the Gas Supply.ByEdmund J. James. Out of print, sold only in the complete volume.No. 4.—Co-operation in a Western City.ByAlbert Shaw.No. 5.—Co-operation in New England.Edward W. Bemis.No. 6.—Relation of the State to Industrial Action.ByHenry C. Adams.Vol. II.—Bound, $5; Unbound, $4.No. 1.—Three Phases of Co-operation in the West.ByAmos G. Warner.Price 75 cents.No. 2.—Historical Sketch of the Finances of Pennsylvania.ByT. K. Worthington, with an Introduction byRichard T. Ely.Price 75 cents.No. 3.—The Railway Question.ByEdmund J. James.Price 75 cents.No. 4.—The Early History of the English Woolen Industry.ByW. J. Ashley.Price 75 cents.No. 5.—Two Chapters on the Mediæval Guilds of England.ByEdwin R. A. Seligman.Price 75 cents.No. 6.—The Relation of Modern Municipalities toQuasi-Public Works.ByH. C. Adams,George W. Knight,Davis R. Dewey,Charles Moore,Frank J. GoodnowandArthur Yager.Price 75 cents.Vol. III—Bound, $5; Unbound, $4.No. 1.—Three Papers Read at Meeting in Boston: “Statistics in Colleges,” byCarroll D. Wright; “Sociology and Political Economy,” byF. H. Giddings; “The Legal-Tender Decisions,” byE. J. James.Price 75 cents.No. 2.—Capital and its Earnings.By Prof.J. B. Clark.Price 75 cents.No. 3 consists of three parts: “The Manual Laboring Class,” byF. A. Walker; “Mine Labor in the Hocking Valley,” byE. W. Bemis; “Report of the Second Annual Meeting,” byRichard T. Ely.Price 75 cents.Nos. 4 and 5.—Statistics and Economics.ByRichmond Mayo-Smith.Out of print, sold only in the complete vol.No. 6.—The Stability of Prices.BySimon M. Patten.Price 75 cents.Vol. IV.—Bound $5; Unbound $4.No. 1.—Contributions to the Wages Question: “The Theory of Wages,” byStuart Wood; “Possibility of a Scientific Law of Wages,” byJ. B. Clark.Price 75 cents.No. 2.—Socialism in England.BySidney Webb.Price 75 cents.No. 3.—Road Legislation for the American State.ByJeremiah W. Jenks.Price 75 cents.No. 4.—Report of the Proceedings of the Third Annual Meeting.Price 75 cents.No. 5.—Three Papers Read at Third Annual Meeting: “Malthus and Ricardo,” bySimon N. Patten; “The Study of Statistics,” byDavis R. Dewey; “Analysis in Political Economy,” byWilliam W. Folwell.Price 75 cents.No. 6.—An Honest Dollar.ByE. Benjamin Andrews.Price 75 cents.Vol. V.—Bound, $5; Unbound, $4.No. 1.—The Industrial Transition in Japan.ByYeijiro Ono.Price $1.00.No. 2.—Two Prize Essays on Child Labor.I. ByWilliam F. Willoughby; II. ByMiss Clare de Graffenried.Price 75 cents.Nos. 3 and 4.—Two Papers on the Canal Question.I. ByEdmund J. James; II. ByLewis M. Haupt.Price $1.00.No. 5.—History of the New York Property Tax.ByJohn Christopher Schwab.Price $1.00.No. 6.—The Educational Value of Political Economy.BySimon N. Patten.Price 75 cents.Vol. VI.—Subscription, $4.00.Nos. 1 and 2.—Report of the Proceedings of the Fourth Annual Meeting.Price $1.00.The Association will Publish at least Six Numbers Annually. Subscription, $4.00 per Volume.For further information, addressPUBLISHING AGENT,American Economic Association,BALTIMORE, MD.

FIVE VOLUMES COMPLETED.—They will be sent:—bound in cloth, at $5 each; any two for $9; any three for $13; any four for $17; and all five for $21; all five volumes bound in half morocco, $23.50; single volumes in half morocco, $5.50. Unbound, $4 per volume. Forwarded post-paid.

Subscription to Volume VI, $4.00.

Vol. I.—Bound, $5; Unbound, $4.

No. 1.—Report of the organization of the American Economic Association.ByRichard T. Ely.

Nos. 2 and 3.—The Relation of the Modern Municipality to the Gas Supply.ByEdmund J. James. Out of print, sold only in the complete volume.

No. 4.—Co-operation in a Western City.ByAlbert Shaw.

No. 5.—Co-operation in New England.Edward W. Bemis.

No. 6.—Relation of the State to Industrial Action.ByHenry C. Adams.

Vol. II.—Bound, $5; Unbound, $4.

No. 1.—Three Phases of Co-operation in the West.ByAmos G. Warner.Price 75 cents.

No. 2.—Historical Sketch of the Finances of Pennsylvania.ByT. K. Worthington, with an Introduction byRichard T. Ely.Price 75 cents.

No. 3.—The Railway Question.ByEdmund J. James.Price 75 cents.

No. 4.—The Early History of the English Woolen Industry.ByW. J. Ashley.Price 75 cents.

No. 5.—Two Chapters on the Mediæval Guilds of England.ByEdwin R. A. Seligman.Price 75 cents.

No. 6.—The Relation of Modern Municipalities toQuasi-Public Works.ByH. C. Adams,George W. Knight,Davis R. Dewey,Charles Moore,Frank J. GoodnowandArthur Yager.Price 75 cents.

Vol. III—Bound, $5; Unbound, $4.

No. 1.—Three Papers Read at Meeting in Boston: “Statistics in Colleges,” byCarroll D. Wright; “Sociology and Political Economy,” byF. H. Giddings; “The Legal-Tender Decisions,” byE. J. James.Price 75 cents.

No. 2.—Capital and its Earnings.By Prof.J. B. Clark.Price 75 cents.

No. 3 consists of three parts: “The Manual Laboring Class,” byF. A. Walker; “Mine Labor in the Hocking Valley,” byE. W. Bemis; “Report of the Second Annual Meeting,” byRichard T. Ely.Price 75 cents.

Nos. 4 and 5.—Statistics and Economics.ByRichmond Mayo-Smith.Out of print, sold only in the complete vol.

No. 6.—The Stability of Prices.BySimon M. Patten.Price 75 cents.

Vol. IV.—Bound $5; Unbound $4.

No. 1.—Contributions to the Wages Question: “The Theory of Wages,” byStuart Wood; “Possibility of a Scientific Law of Wages,” byJ. B. Clark.Price 75 cents.

No. 2.—Socialism in England.BySidney Webb.Price 75 cents.

No. 3.—Road Legislation for the American State.ByJeremiah W. Jenks.Price 75 cents.

No. 4.—Report of the Proceedings of the Third Annual Meeting.Price 75 cents.

No. 5.—Three Papers Read at Third Annual Meeting: “Malthus and Ricardo,” bySimon N. Patten; “The Study of Statistics,” byDavis R. Dewey; “Analysis in Political Economy,” byWilliam W. Folwell.Price 75 cents.

No. 6.—An Honest Dollar.ByE. Benjamin Andrews.Price 75 cents.

Vol. V.—Bound, $5; Unbound, $4.

No. 1.—The Industrial Transition in Japan.ByYeijiro Ono.Price $1.00.

No. 2.—Two Prize Essays on Child Labor.I. ByWilliam F. Willoughby; II. ByMiss Clare de Graffenried.Price 75 cents.

Nos. 3 and 4.—Two Papers on the Canal Question.I. ByEdmund J. James; II. ByLewis M. Haupt.Price $1.00.

No. 5.—History of the New York Property Tax.ByJohn Christopher Schwab.Price $1.00.

No. 6.—The Educational Value of Political Economy.BySimon N. Patten.Price 75 cents.

Vol. VI.—Subscription, $4.00.

Nos. 1 and 2.—Report of the Proceedings of the Fourth Annual Meeting.Price $1.00.

The Association will Publish at least Six Numbers Annually. Subscription, $4.00 per Volume.

For further information, address

PUBLISHING AGENT,American Economic Association,BALTIMORE, MD.

THEEconomic Review.PUBLISHED QUARTERLY.CONTENTS OF THE NUMBER FOR OCTOBER, 1892.1.What attitude should the Church adopt towards the Aims and Methods of Labour Combinations?The Rev. Canon H. S. Holland, M. A.2.The Present Position of the “Sweating System” Question in the United Kingdom.David F. Schloss, M. A.3.Co-operative Credit-Banking in Germany.Henry W. Wolff.4.The Universities’ Settlement in Whitechapel.Thomas Hancock Nunn.5.The Theory of Prize-giving.I.The Rev. and Hon. E. Lyttelton, M. A.II.A Criticism. The Rev. H. Rashdall, M. A.6.Thoughts on Social Problems and Their Solution.E. Vansittart Neale, M. A.Notes and Memoranda.Legislation, Parliamentary Inquiries and Official Returns.Edwin Cannan, M. A.Reviews and Short Notices.PERCIVAL & CO.,34 KING STREET, COVENT GARDEN, LONDON.Yearly Subscription in advance direct to the Publishers, 10s. post free. Single copies, price 3s.BERLIN:PUTTKAMMER & MÜHLBRECHT.Subscription, 12 marks. Single copies, 3 marks.THE JOHNS HOPKINS PRESS.STUDIES IN HISTORY AND POLITICS.Edited by HERBERT B. ADAMS.The Tenth Series is now in progress. Subscription, $3.00 per year.ANNUAL SERIES. 1883-1891.SERIES I.—LOCAL INSTITUTIONS. 479 pages. $4.00.SERIES II.—INSTITUTIONS AND ECONOMICS. 629 pages. $4.00.SERIES III.—MARYLAND, VIRGINIA, AND WASHINGTON. 595 pages. $4.00.SERIES IV.—MUNICIPAL GOVERNMENT AND LAND TENURE. 600 pages. $3.50.SERIES V.—MUNICIPAL GOVERNMENT, HISTORY AND POLITICS. 559 pages. $3.50.SERIES VI.—THE HISTORY OF CO-OPERATION IN THE UNITED STATES. 540 pages. $3.50.SERIES VII.—SOCIAL SCIENCE, MUNICIPAL AND FEDERAL GOVERNMENT. 628 pages. $3.50.SERIES VIII—HISTORY, POLITICS, AND EDUCATION. 625 pages. $3.50.SERIES IX.—EDUCATION, HISTORY, AND SOCIAL SCIENCE. 635 pages. $3.50.EXTRA VOLUMES.I. THE REPUBLIC OF NEW HAVEN. ByCharles H. Levermore. $2.00.II. PHILADELPHIA, 1681-1887. ByEdward P. AllinsonandBoies Penrose. $3.00.III. BALTIMORE AND THE NINETEENTH OF APRIL, 1861. ByGeorge William Brown. $1.00.IV-V. LOCAL CONSTITUTIONAL HISTORY OF THE UNITED STATES. ByGeorge E. Howard.Vol. I.—Development of the Township, Hundred, and Shire. $3.00.Vol. II.—Development of the City and the Local Magistracies (in preparation).VI. THE NEGRO IN MARYLAND. ByJeffrey R. Brackett. $2.00.VII. THE SUPREME COURT OF THE UNITED STATES. ByW. W. Willoughby. $1.25.VIII. THE INTERCOURSE BETWEEN THE UNITED STATES AND JAPAN. ByInazo Nitobe. $1.25.IX. STATE AND FEDERAL GOVERNMENT IN SWITZERLAND. ByJohn M. Vincent. $1.50.X. SPANISH INSTITUTIONS OF THE SOUTHWEST.Frank W. Blackmar. $2.00.XI. AN INTRODUCTION TO THE STUDY OF THE CONSTITUTION. ByMorris M. Cohn. $1.50.XII. THE OLD ENGLISH MANOR. ByCharles M. Andrews, $1.50.XIII. AMERICA: ITS GEOGRAPHICAL HISTORY, 1492-1792. ByW. B. Scaife.The set of nine series is now offered in a handsome library edition for $27.00.The nine series, with twelve extra volumes, altogether twenty-one volumes, for $45.00.THE JOHNS HOPKINS PRESS, BALTIMORE, MARYLAND.

PUBLISHED QUARTERLY.

CONTENTS OF THE NUMBER FOR OCTOBER, 1892.

1.What attitude should the Church adopt towards the Aims and Methods of Labour Combinations?

The Rev. Canon H. S. Holland, M. A.

2.The Present Position of the “Sweating System” Question in the United Kingdom.

David F. Schloss, M. A.

3.Co-operative Credit-Banking in Germany.

Henry W. Wolff.

4.The Universities’ Settlement in Whitechapel.

Thomas Hancock Nunn.

5.The Theory of Prize-giving.

I.The Rev. and Hon. E. Lyttelton, M. A.

II.A Criticism. The Rev. H. Rashdall, M. A.

6.Thoughts on Social Problems and Their Solution.

E. Vansittart Neale, M. A.

Notes and Memoranda.

Legislation, Parliamentary Inquiries and Official Returns.

Edwin Cannan, M. A.

Reviews and Short Notices.

PERCIVAL & CO.,34 KING STREET, COVENT GARDEN, LONDON.

Yearly Subscription in advance direct to the Publishers, 10s. post free. Single copies, price 3s.

BERLIN:PUTTKAMMER & MÜHLBRECHT.

Subscription, 12 marks. Single copies, 3 marks.

STUDIES IN HISTORY AND POLITICS.

Edited by HERBERT B. ADAMS.

The Tenth Series is now in progress. Subscription, $3.00 per year.

ANNUAL SERIES. 1883-1891.

SERIES I.—LOCAL INSTITUTIONS. 479 pages. $4.00.

SERIES II.—INSTITUTIONS AND ECONOMICS. 629 pages. $4.00.

SERIES III.—MARYLAND, VIRGINIA, AND WASHINGTON. 595 pages. $4.00.

SERIES IV.—MUNICIPAL GOVERNMENT AND LAND TENURE. 600 pages. $3.50.

SERIES V.—MUNICIPAL GOVERNMENT, HISTORY AND POLITICS. 559 pages. $3.50.

SERIES VI.—THE HISTORY OF CO-OPERATION IN THE UNITED STATES. 540 pages. $3.50.

SERIES VII.—SOCIAL SCIENCE, MUNICIPAL AND FEDERAL GOVERNMENT. 628 pages. $3.50.

SERIES VIII—HISTORY, POLITICS, AND EDUCATION. 625 pages. $3.50.

SERIES IX.—EDUCATION, HISTORY, AND SOCIAL SCIENCE. 635 pages. $3.50.

EXTRA VOLUMES.

I. THE REPUBLIC OF NEW HAVEN. ByCharles H. Levermore. $2.00.

II. PHILADELPHIA, 1681-1887. ByEdward P. AllinsonandBoies Penrose. $3.00.

III. BALTIMORE AND THE NINETEENTH OF APRIL, 1861. ByGeorge William Brown. $1.00.

IV-V. LOCAL CONSTITUTIONAL HISTORY OF THE UNITED STATES. ByGeorge E. Howard.

Vol. I.—Development of the Township, Hundred, and Shire. $3.00.Vol. II.—Development of the City and the Local Magistracies (in preparation).

Vol. I.—Development of the Township, Hundred, and Shire. $3.00.

Vol. II.—Development of the City and the Local Magistracies (in preparation).

VI. THE NEGRO IN MARYLAND. ByJeffrey R. Brackett. $2.00.

VII. THE SUPREME COURT OF THE UNITED STATES. ByW. W. Willoughby. $1.25.

VIII. THE INTERCOURSE BETWEEN THE UNITED STATES AND JAPAN. ByInazo Nitobe. $1.25.

IX. STATE AND FEDERAL GOVERNMENT IN SWITZERLAND. ByJohn M. Vincent. $1.50.

X. SPANISH INSTITUTIONS OF THE SOUTHWEST.Frank W. Blackmar. $2.00.

XI. AN INTRODUCTION TO THE STUDY OF THE CONSTITUTION. ByMorris M. Cohn. $1.50.

XII. THE OLD ENGLISH MANOR. ByCharles M. Andrews, $1.50.

XIII. AMERICA: ITS GEOGRAPHICAL HISTORY, 1492-1792. ByW. B. Scaife.

The set of nine series is now offered in a handsome library edition for $27.00.

The nine series, with twelve extra volumes, altogether twenty-one volumes, for $45.00.

THE JOHNS HOPKINS PRESS, BALTIMORE, MARYLAND.

Systematic Political ScienceBY THEUNIVERSITY FACULTY OF POLITICAL SCIENCE OFCOLUMBIA COLLEGE.The University Faculty of Political Science of Columbia College have in preparation and intend to publish a series of systematic works covering the entire field of political science proper and of the allied sciences of public law and economics. The method of treatment will be historical, comparative and statistical; and it will be the aim of the writers to present the latest results of institutional development and of scientific thought in Europe and America. Each work will be indexed by subjects and authors, and the last volume will contain a topical index to the entire series.The series will consist of the following nine works:Comparative Constitutional Law and Politics.ByJohn W. Burgess.Comparative Constitutional Law of the American Commonwealths.ByFrederick W. Whitridge.Historical and Practical Political Economy.ByRichmond Mayo-Smith.Historical and Comparative Science of Finance.ByEdwin R. A. Seligman.Comparative Administrative Law and Science.ByFrank J. Goodnow.International Law.ByJohn Bassett Moore.Historical and Comparative Jurisprudence.ByMunroe Smith.History of Political Theories.ByWilliam A. Dunning.Literature of Political Science.ByGeorge H. Baker.The first of these works was published early in 1891, by Ginn and Co. The entire series will probably be completed within three years.

The University Faculty of Political Science of Columbia College have in preparation and intend to publish a series of systematic works covering the entire field of political science proper and of the allied sciences of public law and economics. The method of treatment will be historical, comparative and statistical; and it will be the aim of the writers to present the latest results of institutional development and of scientific thought in Europe and America. Each work will be indexed by subjects and authors, and the last volume will contain a topical index to the entire series.

The series will consist of the following nine works:

Comparative Constitutional Law and Politics.ByJohn W. Burgess.

Comparative Constitutional Law of the American Commonwealths.ByFrederick W. Whitridge.

Historical and Practical Political Economy.ByRichmond Mayo-Smith.

Historical and Comparative Science of Finance.ByEdwin R. A. Seligman.

Comparative Administrative Law and Science.ByFrank J. Goodnow.

International Law.ByJohn Bassett Moore.

Historical and Comparative Jurisprudence.ByMunroe Smith.

History of Political Theories.ByWilliam A. Dunning.

Literature of Political Science.ByGeorge H. Baker.

The first of these works was published early in 1891, by Ginn and Co. The entire series will probably be completed within three years.


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