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MONOPOLIES AND TRUSTS By RICHARD T. ELY, Ph.D., LL.D.

Since such prominence has been given the subject of Trusts in the public press, it may seem that the present interest in the topic has suggested this book; but, on the contrary, the author has been engaged on this and connected subjects for a number of years ; it is the result of long-continued research, a complete and searching discussion, interesting and authoritative.

" It is admirable. It is the soundest contribution on the subject that has appeared." — Professor John R. Commons.

" By all odds the best written of Professor Ely's works."

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THE ECONOMICS OF DISTRIBUTION By JOHN A. HOBSON

Author of "The Evolution of Modern Capitalism" etc.

An analysis of those processes of bargaining through which economic distribution is conducted, the results of industrial co-operation being apportioned to the owners of the factors of production in its several stages.

IN PREPARATION

ESSAYS IN THE MONETARY HISTORY OF THE

UNITED STATES

By CHARLES J. BULLOCK, Ph.D.

Assistant Professor of Political Economy, Williams College

The first of these three essays furnishes the first systematic attempt to supply an interpretation of the leading facts in the entire monetary history of the country, maintaining the thesis that during three centuries the agitation for cheap money has been due to the same underlying cause, namely the extension of settlements over unoccupied Western lands, and that consequently by a process of natural evolution we are now approaching its end; the two others are briefer and contain the results of original investigations into special topics — the early paper currency of the States of North Carolina and New Hampshire.

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