Young finds the American cotton mills in advance of the British. He thinks the English operative is a more skilled workman, but because the machinery furnished him is less effective his earnings are lower than those of the American operative and the labor cost is higher in England. The real wages and the standard of living are found to be decidedly higher in America. The book is very readable and suggestive. WILLIAM HILL. The Farmer's Business Handbook: A Manual of Simple Farm Accounts and of Brief Advice on Rural Law. By ISAAC PHILLIPS ROBERTS. New York: The Macmillan Co., 1903. Pp. xiii + 300. PROFESSOR ROBERTS, who has done so much to promote agricultural education, has now contributed another volume to the "Rural Science" series. In it he does two things: he shows the farmer the necessity and the advantage of careful bookkeeping, and he gives practical detailed instruction as to how the accounts should be kept. A general study and acceptance of the methods set forth would do much. to make the American farmer a more successful business man. In the second part of the volume Mr. H. D. Mason gives a clear statement of the law applicable in the more common farm transactions and relations. At the close of the book are a number of statistical tables taken from the last census. W. H. I PRODUCTION AND CONSUMPTION OF THE PRECIOUS II ADJUSTMENT OF CROP STATISTICS. III. III HISTORY OF THE WORKING CLASSES IN FRANCE: IV QUANTITY THEORY AND ITS CRITICS V NOTES QUANTITY THEORY AND ITS CRITICS: A REJOINDER VI BOOK REVIEWS I. A. HOURWICH H. PARKER WILLIS A. M. WERGELAND FREDERICK R. CLOW J. LAURENCE LAUGHLIN BUREAU'S Le contrat de travail: Le rôle des syndicats professionnels.— EBERSTADT'S Der deutsche Kapitalmarkt.—BRUNHES'S L'irrigation, ses conditions géographiques, ses modes et son organisation dans la Péninsule Ibérique et dans l'Afrique du nord.-COOLEY'S Human Nature and the Social Order.- BOURGEOIS's Essai d'une philosophie de la solidarité.— HUTCHINS and HARRISON'S A History of Factory Legislation.-SEILHAC's Les grèves. -MAGNIER'S Le paysan et la crise rurale: Notice sur la dépopulation des campagnes, ses causes, ses effets et ses remèdes.—WARD'S Pure Sociology: A Treatise Concerning the Origin and Spontaneous Development of Society.-POHLE's Bevölkerungsbewegung, Kapitalbildung und periodische Wirtschaftskrisen.- TSCHIEVSCHKY'S Kartell und Trust: Vergleichende Untersuchungen über dem Wesen und Bedeutung.—GAUDERLIER'S L'evolution économique du XIXe siècle: Angleterre, Belgique, France, États-Unis.-PIERSON'S Principles of Economics.-YOUNG's The American Cotton Industry.- ROBERTS's The Farmer's Business Handbook. CHICAGO, ILL. U.S.A. The University of Chicago Press $3.00 A YEAR [COPYRIGHTED 1903 BY THE UNIVERSITY OF CHICAGO] $1.00 A COPY The Journal of Political Economy Published quarterly, in December, March, June, and September, Edited by the Faculty of Political Economy: I PRODUCTION AND CONSUMPTION OF THE PRECIOUS II ADJUSTMENT OF CROP STATISTICS. III. III HISTORY OF THE WORKING CLASSES IN FRANCE: MEDIÆ. QUANTITY THEORY AND ITS CRITICS: A REJOINDER VI BOOK REVIEWS BUREAU'S Le contrat de travail: Le rôle des syndicats professionnels (Julius Moersch), 632.EBERSTADT'S Der deutsche Kapitalmarkt (S. G. Lindholm), 636.—BRUNHES'S L'irrigation, ses conditions géographiques, ses modes et son organisation dans la Péninsule Ibérique et dans l'Afrique du nord (Ray P. Teele), 642.-COOLEY'S Human Nature and the Social Order (Edward Alsworth Ross), 647.-BOURGEOIS's Essai d'une philosophie de la solidarité (E. A. R.), 649.— HUTCHINS and HARRISON'S A History of Factory Legislation (A. P. Winston), 650.- SEILHAC'S Les grèves (A. P. W.), 653.—MAGNIER'S Le paysan et la crise rurale: Notice sur la dépopulation des campagnes, ses causes, ses effets, et ses remèdes (John Cummings), 653.— Ward's Pure Sociology: A Treatise Concerning the Origin and Spontaneous Development of Society (V.), 655.— POHLE'S Bevölkerungsbewegung, Kapitalbildung und periodische Wirtschaftskrisen (V.), 656.— TSCHIEVSCHKY'S Kartell und Trust: Vergleichende Untersuchungen über dem Wesen und Bedeutung (V.), 657.-CAUDERLIER'S L'évolution économique du XIXe siècle: Angleterre, Belgique, France, EtatsUnis (Frank L. McVey), 658.-PIERSON'S Principles of Economics (Frank A. Fetter), 659.-YOUNG'S The American Cotton Industry (William Hill), 661.- ROBERTS's The Farmer's Business Handbook (W. H.), 662. CHICAGO, ILL., U. S. A. The University of Chicago Press [Entered at Chicago, Ill., as second-class matter.] All Remittances should be made payable to The University of Chicago. $3.00 A YEAR $1.00 A COPY Lectures on Commerce and Adminis= tration After an introductory lecture by PROFESSOR J. LAURENCE LAUGHLIN on "Higher Commercial Education," the book is divided into three series of lectures, on Railroads, Trade and Industry, and Banking and Insurance. Among the contributors under the first division are MR. A. W. SULLIVAN, Assistant Second Vice-President of the Illinois Central R. R., on "Railway Management and Operation;" and MR. E. D. KENNA, Vice-President of the A., T. & S. F. Ry., on "Railway Consolidation." Under the head of Trade and Industry are presented papers by MR. A. C. BARTLETT on "Wholesale," and MR. DORR KIMBALL on "The Credit Department of Modern Business." Among the lectures in Banking and Insurance are included two by MR. JAMES H. ECKELS on "Methods of Banking" and "The Comptroller of the Currency," articles by MR. D. R. FORGAN on investments, and by MR. H. K. BROOKS On the nature of foreign exchange business. 340 pp., 8vo, cloth; net, $1.50; postpaid, $1.62. A History of the Greenbacks With Special Reference to the Economic Consequences of Their Issue By WESLEY CLAIR MITCHELL. The first part of this book is given up to a study of the events which led to the issue of the paper money. In the second part, the effects of the desertion of a metallic for a paper standard are traced in detail; prices are examined, on the basis of the Aldrich report, and the effect of price-changes on the distribution of wealth. This investigation incidentally proves the truth of the subsistence theory of wages. xvi+578 pp., 8vo, cloth; net, $4.00; postpaid, $4.25. The University of Chicago Press, Chicago, Illinois |