I. Introduction: review of 1916–17, 313. — II. The events of 1918–19, 314. — Federal Trade Commission's award, 315. — Commission's supplemental award, approved by Circuit Court, 316. — III. Character of evidence, 317. — IV. Cost of manufacture, 318. — V. Investment, 322. — VI. Rate of profit on investment, 325. — VII. Results of Price Fixing, 326. — Difference in the awards of the Commission and Circuit Judges, 327. — Victory for Manufacturers, 328. — Conclusion, 328.

Introduction, 238. — I. The Federal Trade Commission's investigation; its arbitration, 239. — The industry from 1910 to 1915, 240. — Rise in prices in 1916, 241. — Situation of the publishers, 243. — Arbitration by the Commission, 244. — Action of Department of Justice, 244. — Arbitration agreement falls through, 246. — II. Proceedings by the Department of Justice, 248. — Agreement for settlement of prices by Trade Commission, 249. — Injunction dissolving the Manufacturers' Association, 250. — III. Other developments, 251. — Recommendations to Congress for government control during the war, 251. — The Smith bill, 252. — Continuous cost reports, 252. — Statistical service instituted, 253. — Conclusion, 254.