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THE AMERICAN SUGAR INDUSTRY.-By Herbert Myrick, and Prof. W. C. Stubbs. Orange Judd Co., New York, 1898. Price, 50 cents. (Sugar beets.) THE TOBACCO LEAF.-By J. B. Killegrew and Herbert Myrick. Orange Judd Co., New York, 1897. Price, $2.00

ECONOMIC ENTOMOLOGY.-By John B. Smith. J. B. Lippincott Company, Philadelphia, 1896. Price, $2.50.

PLANT LIFE ON THE FARM.-By Maxwell T. Masters. Orange Judd Co., 1885. Price, $1.00.

DRAINAGE FOR PROFIT AND DRAINAGE FOR HEALTH.-By Geo. E. Waring, Jr. Orange Judd Co., New York, Price, $1.50.

GOVERNMENT FORESTRY ABROAD.-By Gustave Pinchot. The Macmillan Co., New York. Paper, 75 cents, with postage added.

PRACTICABILITY OF THE AMERICAN FOREST ADMINISTRATION.-By B. E. Fernow. The Macmillan Co., New York. Paper. Price, 75 cents, plus 10 cents for postage.

FOREST PLANTING.-By H. Nicholas Jarchow. Orange Judd Co., New York, 1897. Price, $1.50.

In addition to the foregoing and many more books of a general nature, there are excellent special publications giving the experience of practical men in the production of all crops and the conduct of all farm operations. Their names can be learned from the publishers' catalogues and the advertising columns of the agricultural press.

The Orange Judd Co., New York, publishes more strictly agricultural books than any other American house, and, in addition, it includes in its catalogue the more important publications of other publishers. The Macmillan Company perhaps comes next. The catalogues of these two houses will almost certainly indicate to any farmer just how to get any special information which he needs. The wonderful intellectual awakening of the farmers which is now going on is stimulating the preparation of books on rural topics, and within a short time it is probable that the lists of most publishers will contain many books of importance on rural topics.

Upon the topics treated in Book Fourth I know of little literature of a popular nature, The best means of information in regard to banking and railroads are official reports, state and national, and articles in such periodicals as the Forum, North American Review, Popular Science Monthly, American Journal of Economics, and similar periodicals more or less familiar to all. Perhaps the best sources of information on these and kindred topics, including finance in all its aspects, and civic and social movements, are the publications which are appearing every year, of the American Economic Association, Columbia University (both these obtainable from the Macmillan Co.), the University of Pennsylvania (Philadelphia), and the Johns Hopkins University (Baltimore). All these can be found in any large library, or catalogues containing titles and authors can be obtained at the addresses given. These papers are all monographs by some of the ablest men of America, and are written from all sides of most important questions. They are somewhat expensive, but a good popular demand would soon result in reduced prices. Conant's HISTORY OF MODERN BANKS OF ISSUE is interesting to the general reader. Published by G. P. Putnam's Sons, New York, 1896. Price, $3.00.

COOPERATION.

The literature of cooperation is abundant, but I have found few books published in America which deal specially with the details of cooperation among farmers. There are books published in Great Britain treating of productive cooperation in farming, which has been found successful there when the produce was assured of a preferential home market. This occurs only when the land is owned by a "cooperative store" which retails the produce. For the most part the authors of books upon mercantile cooperation have in mind a saving by buying cheaply, while the object of farmers' marketing associations is to gain by obtaining high prices. Both seek to eliminate unnecessary middlemen, and to themselves, so far as possible, do the work of those which are necessary. The cooperation of labor does not usually consist in forming societies to sell the labor, but for regulating its price, and preventing those not members of the societies from getting work. These are called trade unions, and the literature concerning them is voluminous. The books on cooperation are sometimes written by enthusiasts who have not had practical experience with its difficulties. The English Cooperative Wholesale Society issues a great number of valuable tracts, apparently mailed free to any applicant. Address the Central Cooperative Board, City Buildings, Corporation Street, Manchester, England. The Cooperative News is a weekly paper, the official organ of English cooperative societies. Address, Cooperative News, Long Millgate, Manchester, England. It is published at one penny a week. Something is doubtless added for foreign postage. The same society publishes the Reports of the annual meetings of the British Cooperative Congress, which are wonderful documents. I do not know the price.

The following books on some of the forms of cooperation have been selected from a large number of titles, and together will give a very fair idea of what different people understand by cooperation and the progress which it is making in this and other countries.

A TREATISE ON COOPERATIVE SAVINGS AND LOAN BANKS.-By Seymour Dexter. D. Appleton & Co., New York, 1894.

HOW TO COOPERATE.-By Herbert Myrick.

Cloth, $1.00; paper, 25 cents.

Price, $1.25.

Orange Judd Co., New York.

LABOR COPARTNERSHIP.-By Henry D. Lloyd, Harper & Brothers, New York, 1898. Price, $1.75.

PROFIT SHARING BETWEEN EMPLOYER AND EMPLOYEE.-By N. P. Gilmore. Houghton, Mifflin & Co., Boston, 1889. Price, $1.75.

HISTORY OF COOPERATION IN AMERICA.-By Prof. E. W. Bemis, Prof. Amos G. Warner, Dr. Albert Shaw, Mr. Charles H. Shinn, and Mr. David R. Randall. Johns Hopkins University Press, Baltimore, 1888. Price, $3.50. (This book gives an excellent summary of cooperative work in America up to the date of its publication, but it has, I believe, no mention of any cooperative marketing society.)

PEOPLE'S BANKS.-By Henry W. Wolf, Longmans, Green & Co., London, 1893. (This is an English book, and I am not able to give the price. It is a book of only 261 pages, and will not be found expensive. It may be ordered

of any bookseller or of Charles Scribner's Sons, New York, who are large importers of English books. It describes cooperative banking as it exists in various countries of Europe.)

The Tariff Question.

It is a little curious, but it seems to be the fact that there is no strictly modern, non-political, American book, of moderate price, by an able man, which takes the side of "Protection" in the tariff controversy. As stated elsewhere, the non-political writers all seem to be free traders. A few such books which have been written seem mostly out of print. The best I can find is the following, written by an Englishman:

SOPHISMS OF FREE TRADE.-By Sir John Bernard Byles. Henry Carey Baird & Co., Philadelphia, 1884. Price, $1.25.

A good book on the free trade side is―

PROTECTION, OR FREE TRADE-By Henry George. Doubleday & McClure Co., New York. Price, $1.00; in paper, 25 cents.

The Single Tax.

The leading book favoring the single tax is, of course—

PROGRESS AND POVERTY.-By Henry George. Doubleday & McClure Co., New York. Price, $1.00; paper, 25 cents.

Another good book on the same side is—

NATURAL TAXATION.-By Thomas G. Shearman. Doubleday & McClure Co., New York. Price, $1.00; paper, 25 cents.

On the opposite side there is a great dearth of good books, although in this case the great majority of the social and financial lights oppose the single tax. Their utterances, however, must be mostly looked for in the periodical literature of a few years back, which is hardly accessible, except in public libraries. "Property and Progress," by H. W. Mallock, is a reply to Mr. George, and may be found in many libraries, but now seems to be out of print. Perhaps the best "reply" in book form is that of the Duke of Argyle, which first appeared in the nineteenth century for April, 1884, and is republished in this country, by Mr. George's publishers, with Mr. George's rejoinder. The title of this book is

THE LAND QUESTION.-Doubleday & McClure Co., New York. Price, $1.00; paper, 25 cents.

Excellent books to read on the general subject of taxation are:

ESSAYS IN TAXATION.-By Prof. E. R. A. Seligman. The Macmillan Co., New York. Price, $3.00.

Also a smaller work

EQUITABLE TAXATION.-By Walter E. Weyl and others. T. Y. Crowell & Co., New York, 1892. Price, 75 cents.

Currency.

The best book for popular reading, on the gold side of the money question, is SOME FACTS ABOUT MONEY. By. Prof. J. Laurence Laughlin. The publishers of this book, however, are not now in business, and I can not find that the book is in print. The following, however, will be found satisfactory :—

THE CASE AGAINST BIMETALISM.-By Robert Giffen. The Macmillan Co., New York, 1892. Price, $2.00.

A good book for those who wish to see an impartial discussion of the subject is

INTERNATIONAL BIMETALISM.-By Prof. Francis A. Walker. Henry Holt & Co., New York, 1896. Price, $1.25.

Those who wish to see the silver side presented by a strong man who will not stoop to misrepresentation should read—

AN HONEST DOLLAR.-By President E. Benjamin Andrews. The Macmillan Co., New York. Paper, 75 cents, plus 10 per cent for postage.

It is claimed by some that, conceding the appreciation of gold, it is more than offset by the depreciation of interest. Those who would like to look into this are referred to

APPRECIATION AND INTEREST.-By Prof. Irving Fisher. The Macmillan Co., New York. Price, 75 cents, plus 10 per cent for postage.

Trusts.

A good book about "Trusts" is

TRUSTS OR INDUSTRIAL COMBINATIONS IN THE UNITED STATES.-By Ernst Von Halle. The Macmillan Co., New York, 1895. Price, $1.25.

The Referendum.

THE SWISS CONFEDERATION.-By Sir Francis Ottiwell Adams. The Macmillan Co., New York, 1894. Price, $2.50.

THE REFERENDUM IN AMERICA.-By E. P. Oberholtzer. The University of Pennsylvania, Philadelphia, 1893. Price, $1.50.

Socialism.

Out of a great mass of literature it seems to me that the following is as good a selection as can be made for the general reader:—

THE COOPERATIVE COMMONWEALTH.-By Laurence Gronlund. Lee & Shepherd, Boston. Price, $1.00. (Socialistic.)

THE QUINTESSENCE OF SOCIALISM.-By. Dr. A. Schaffle. Charles Scribner's Sons, New York. Price, $1.00. (Socialistic.)

SOCIALISM.-By Prof. Richard T. Ely. T. Y. Crowell & Co., New York, 1894. Price, $1.50. (Impartial.)

THE TYRANNY OF SOCIALISM.-By Yves Guyot. Charles Scribner's Sons, New York, 1894. Price, $1.00. (Anti-socialistic.)

ANARCHISM. By E. V. Zenker. G. P. Putnam's Sons, 1897. Price, $1.50. (Anti-anarchistic, and showing the opposition of Anarchism to Socialism.)

The "labor question" will be found quite sufficiently covered in the foregoing works on Socialism.

The foregoing list has been prepared for the benefit of those who wish to inform themselves upon the topics considered, but do not have access to large libraries, or any convenient means of finding out what books to buy. It is hoped that it will be found helpful.

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Profit on national bank circulation, based on deposit of United States four-percent bonds, as compiled by the government actuary:

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The above is based upon the estimate of six per cent interest received by the banks for currency loaned.

The account for 1897 is made up as follows:

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