Imagens das páginas

banking institutions during recent years. Urges that the purchase of railroad securities by banks be maintained through an allowed increase in freight rates.

MAY, M. The probability of very high money rates in the United States in the near future. Econ. Wld., Aug. 18, 1917. Pp. 2.

Transportation difficulties and high prices, particularly of grain and cotton, the main factors.

MILLER, A. C. The relation of the federal reserve banks to the success of the first liberty loan. Econ. Wld., July 14, 1917. Pp. 4.

A logical appeal for war finance without inflation.

NICHOLSON, J. S. Statistical aspects of inflation. Journ. Royal Stat. Soc., July, 1917. Pp. 21.

A painstaking study showing an abnormal growth in the various kinds of English currency and a corresponding rise in prices and money wages. In order of time the increase in currency preceded the rise in general prices, the period of incubation being about five months. STONE, R. Exercise of trust powers by national banks—effect of United States Supreme Court decision. Trust Companies, July, 1917. Pp. 3.

Michigan trust companies, legally confined to a purely trust business, opposed the conferring of fiduciary powers on national banks on the ground that corporate administration of trusts might, as a result, be brought into disrepute.

SUPINO, C. Moneta e prezzi. Rif. Soc., July, Aug., Sept., 1917. Pp. 52.
A contribution to the discussion of the quantity theory.

TINGLEY, R. H. Credit expansion based on gold. Annalist, Aug. 13, 1917. P. 1.
VISSERING, G. The Netherlands bank and the war. Econ. Journ., June, 1917.
Pp. 28.

The volume of credit extended by the bank to the business community has been abnormally small; that extended to other banks has been of unprecedented proportions. The position of the Netherlands with respect to the foreign exchanges.

Credit societies in France. Bankers' Mag. (London), Sept., 1917. Pp. 6.
An account chiefly of the operations of the Crédit Foncier.

Directors liable for permitting overdrafts and excessive loans. Banking Law
Journ., Aug., 1917. Pp. 10.

Exercise of trust company powers by national banks upheld. Banking Law Journ., June, 1917. Pp. 7.

Decision of supreme court of Michigan reversed by the Supreme Court of the United States.

Restrictions on import of gold and silver. Wealth of India, July, 1917. Pp. 3. A statement of terms on which the government of India acquires all gold and silver imported.

The progress of banking in Great Britain and Ireland during 1916. Bankers' Mag. (London), Aug., 1917. Pp. 17.

A detailed statement and discussion of the ratio of capital and reserves to liabilities; the proportion continues to diminish.

Public Finance

(Abstracts by Charles P. Huse)

ALLEN, J. E. War budgets. Fortnightly Rev., May, 1917.

BLAKEY, R. G. The effects of bonds and taxes in war finance. S. Atlantic
Quart., July, 1917. Pp. 12.

Discusses the economic principles involved in war financing and points out the superiority of the tax to the loan.

BLAKEY, R. G. The war revenue act of 1917. Am. Econ. Rev., Dec., 1917.
Pp. 25.

BOGART, E. L. Impôts récents sur la richesse aux Etats-Unis. Rev. Sci. Légis.
Finan., June, 1917. Pp. 17.

Describes the federal tax legislation from 1913 to 1916.

BOGART, E. L. Lessons from our past: the financial management of the Civil
War. Pro. Western Econ. Soc., June, 1917. Pp. 17.

BOGART, E. L. The taxation of wealth. Bankers Mag., Aug., 1917.

Pp. 7. A review of recent financial legislation in the United States shows a growing disposition to place the burden of taxation upon the wealthy. CABIATI, A. Osservazioni su alcune recenti dottrine protezioniste. Giorn. d. Econ., Aug., 1917. Pp. 23.

Mainly a criticism of Grunzel's volume recently translated into English.

CAUBOUE, P. Gaspillages et economies aux armees. Journ. des Econ., July, 1917. Pp. 22.

Describes sources of waste in the French army and the measures taken to secure economies.

CHANCELLOR, W. E. The productive wealth of the United States and how best
to employ it in financing the war. Econ. Wld., Sept. 8, 1917. Pp. 4.
Considers social and political as well as economic factors.
CHESSA, F. Il nazionalismo economico nel passato e nel presente. Riv. Ital.
di Soc., March-June, 1917. Pp. 32.

A criticism of the principle of the closed commercial state. CLEVELAND, F. A. The essentials of a municipal budget. New Jersey Municipalities, June, 1917.

DILLON, H. L. The tax on undistributed surpluses. Annalist, July 23, 1917.
P. 1.

Believes it will impair the working capital of big corporations.
EDWARDS, A. J. Some practical aspects of municipal borrowing. Minnesota
Municipalities, June, 1917. Pp. 8.

ERMATINGER, J. J. Municipal borrowing. Minnesota Municipalities, June, 1917.
Pp. 14.

FERGUSON, C. E. School funds and their apportionment in Oregon. Common-
wealth Rev., Apr., 1917. Pp. 30.

An interesting statistical study of school finances in Oregon with some reference to other western states.


GEORGE, R. E. Recent financial legislation in New Jersey. Nat. Munic. Rev.,

Sept., 1917. Pp. 7.

Describes a group of measures passed in 1916 and 1917 for the improvement of municipal finances.

GUYOT, Y. Le monopole de l'alcool. Journ. des Econ., July, 1917. Pp. 15. Traces the course of the movement to make alcohol a government monopoly in France.

GRIZIOTTI, B. La diversa pressione tributaria del prestito e dell'imposta. Giorn d. Econ., May, 1917. Pp. 22.

The ulterior incidence of loans and taxes, comparatively considered, especially the incidence on other generations.

HARRIS, W. W. How British finance met the shock of war. Journ. Am. Bankers' Assoc., July, 1917. Pp. 6.

A critical review of such measures as the moratorium, the suspension of Peel's act and the closing of the stock exchange.

JEZE, G. Les finances de guerre de l'Angleterre. Les economies privées. Rev. Sci. Légis. Finan., Apr.-May-June, 1917. Pp. 34.

A critical discussion of the means used in England to secure economies among individuals.

JEZE, G. Les finances de guerre de la France. Rev. Sci. Légis. Finan., Apr.May-June, 1917. Pp. 62.

Reviews the financial, economic, and political situation in France in 1915 and 1916.

LINDSEY, S. M. Social aspects of war taxes. Survey, July 28, 1917. Pp. 2. Discusses conflicting proposals for financing the war.

MCLAREN, K. K. Effect of war taxes on incomes and profits. Trust Companies, Sept., 1917. Pp. 6.

A critical discussion of the war tax bill as passed by the Senate. SELWYN-BROWN, A. The excess profits tax. Invest. Wkly., Sept. 15, 1917. Pp. 3. Estimates the contributions to be expected from certain large corporations.

SENSINI, G. Lo studio scientifico dei fenomeni finanziori. Riv. Ital. di Soc., Jan.-Feb., 1917. Pp. 11.

Mainly a review, discriminating and commendatory, of Einaudi's treatise, of which the third edition has already been discussed in the American Economic Review.

SKELTON, O. D. Canadian war finance. Am. Econ. Rev., Dec., 1917. Pp. 15. TRAVIS, E. M. The cost of highways to the state of New York in the past twenty years. Econ. Wld., July 28, 1917. P. 1.

A concise account of the development of New York's highway policy.

USSING, A. Industristaternes toldpolitik: krigens belysning. Nat. ök. Tids., Mch.-Apr., 1917. Pp. 23.

An analysis of recent free trade tendencies in Germany.

WAGEL, S. R. The methods of war financing followed by France. Econ. Wld., June 16, 1917. Pp. 3.

A concise statement of French war finance.

WILLIAMS, W. M. J. Les finances de la Grande-Bretagne pendant la guerre. Journ. des Econ., July, 1917. Pp. 19.

Continues the study of British war finance. Complains of wasteful expenditures.

WOLFE, F. E. Taxation in Ohio. Am. Econ. Rev., Dec., 1917. Pp. 3.

Agrarian taxes in Bosnia and Herzegovina. Intern. Rev. Agri. Econ., Mar., 1917. Pp. 11.

Traces system from days of Turkish rule to present.

Criticism of the proposed undistributed surplus tax by the American Institute of Accountants. Econ. Wld., July 28, 1917. Pp. 2.

Federal taxation legislation. Journ. Account., Aug., 1917. Pp. 7.

Recommendations of the American Institute of Accountants for the amendment of the Senate finance bill.

L'exploitation du monopole des tabacs. L'Econ. Franç., July 14, 1917. Pp. 3. Gives financial statistics of the French tobacco monopoly.

Les finances de guerre des Etats-Unis de l'Amérique du Nord. Rev. Sci. Légis. Finan., Apr.-May-June, 1917. Pp. 15.

A brief discussion of the plans of the United States for financing the war.

Projects d'impôts nouveaux. L'Econ. Franç., July 14, 1917. Pp. 3.

Discusses the proposed scheme for substantially increasing French



(Abstracts by James Ford)

CHENEY, C. H. City planning progress in California. Architect & Engineer of California, July, 1917. Pp. 8.

Zoning in Berkeley, California.

DAMON, G. A. A “home-made” city of planning exhibit and its results. Throop College Bull., Oct., 1916. Pp. 10.

"The cause and effect of 'My City' exhibit in Pasadena, California." FITZGERALD, J. G. and McCULLOUGH, J. W. S. Sanitation in some Canadian barracks and camps. Am. Journ. Pub. Health, Aug., 1917. Pp. 9. GEDDES, P. The Paris exhibition of the reconstituted city (1916). Nat. Munic. Rev., July, 1917. Pp. 6.

MAY, C. C. Indian Hill, an industrial village for the Norton Company, Worcester, Massachusetts. Nat. Housing Assoc. Pub. No. 40, July, 1917. Pp. 19.

Description, with plans and elevations, of estate of 30 acres. Terms of purchases are stated,

NEWMAN, B. J. Reconstruction and rehabilitation work in Europe. Am. City,

Sept., 1917. Pp. 4.

SHELTON, A. W. The shortage of working-class dwellings. Finan. Rev. Rev., June, 1917. Pp. 9.

Estimates shortage at 450,000 dwellings to be due to finance act of 1910 which "destroyed the confidence of investors in and lenders upon this class of security."

SMITH, H. A. Multi-family versus individual houses. Journ. Am. Inst. of Architects, Sept., 1917. Pp. 3.

Illustrating "sawtooth economic open stair" type and "linear type" of apartment houses.

SWAN, H. S. and TUTTLE, C. W. Planning sunlight cities. Am. City, Sept., 1917. Pp. 5.

Table of sunshine period at ground level for different building heights and different latitudes.

TALMAKI, R. B. S. S. State aid for housing. Local Self-Government Gazette (Madras), Jan., Feb., Mar., Apr., May, June, 1917. Pp. 40.

WASHINGTON, F. B. A study of negro employees of apartment houses in New York City. Bull. Nat. League on Urban Conditions Among Negroes, Dec., 1916. Pp. 36.

Wages and conditions of employment, living conditions and suggestions for their improvement.

The city of the sun. Am. City, Aug., 1917. Pp. 4.

Illustrations of block unit planned for maximum sunlight by R. Roveda.

Goodyear Heights, second development preliminary information and general description of houses with terms of sale. Akron, Ohio. Pp. 26.

Estate of 350 acres. Map, plans and terms of sale are submitted. Government housing scheme, Well Hall, Eltham, Kent. Journ. Am. Inst. of Architects, Sept., 1917. Pp. 25.

Housing of munition workers near Woolwich by British government. The need of constitutional amendments for (a) reorganization of the state executive departments (b) creation of a department of municipal government (c) greater degree of home rule for cities and towns (d) regulation and control by cities and towns of the growth and development of their municipal areas. Bull. No. 4, Mass. Fed. of Planning Boards, July, 1917. Pp. 22.

Proceedings of the fourth annual city and town planning conference of Massachusetts planning boards. Bull. No. 6, Mass. Homestead Comm., June, 1917. Pp. 42.

Assessments of betterments, building lines, restrictions on height, use and area of buildings..

Thirteenth report of the board of tenement house supervision of New Jersey, for the year 1916. 1917. Pp. 45.

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