I. Introduction, 640.—II. Saint-Simon in his relation to the policy of laissez-faire, 642.—Neither Saint-Simon nor the Saint-Simonians were socialists, 648.—III. The philosophy of history, 650.—The principle of productivity and its importance, 651.—IV. The rule of law and the harmony of interests in a society of producers, 657.—V. The Saint-Simonian criticism of competition, 665.—The division between the idle and the producing class, 668.—The rationalisation of economic enterprise, 674.—VI. The position and importance of the banks, 675.—The theory and rational use of credit, 677.—VII. Conclusion, 680.

Reviews the book "Corporation Accounting," by William T. Sunley and Paul W. Pinkerton.

Abstract In building a curriculam for any school, the educational objective of the school and the character and extent of the educational preparation possessed by the entering students, invariably dominates the process. Since graduate schools of business administration have been excluded from consideration, one can say that the mental equipment and training of the average high-school graduate determine the ability of the student of a collegiate school of business. Three courses have been found to be satisfactory instruments for the student in collegiate schools of business. The first is designed to give a mastery of those mathematical principles and methods which must be used in business, finance, and management calculations, if such calculations are to be made effectively. Other courses are, Course In General Mathematics For Business Students and Elementary Business Mathematics and Advanced Mathematics of Business Management, and Planning and Forecasting. For these 60 hour courses, the tools developed in General Mathematics Course are most helpful.

Reviews the book "Economics of Accountancy," by John B. Cunning.

I. Introduction, 371. — II. Origins of the Act, 373. — III. Nature of the System, 376. — Eligibility, 378. — Interpretation of eligibility provisions by the Board, 379. — Goodness versus eligibility, 381. — The problem of controlling the use of reserve bank credit, 383. — IV. The position of control, 386. — Open market operations, 387. — Control and the magnitude of member bank indebtedness, 393. — Rediscount rates, 394: — Rate structure in Great Britain and the United States and the significance of the buying rate, 396. — An ineffective discount policy, 399. — Direct methods, 399. — V. Conclusion, 406.