, 132-133.

Strike, sympathetic, 505.

Strikes, effectiveness under varying conditions, 462 _et seq._

Substitution, 267 _et seq._

Supply and demand, 93-97.

Supply, normal, 114.

Surplus, consumers', 105.

Tariff, relation to trusts, 528 _et seq._

Trade union, power of, under varying conditions, 462 _et seq._;
restriction of membership, 503-504;
restriction of output, 509 _et seq._

Transportation, Chs. XXIII, XXIV;
as affected by diminishing returns in agriculture, 398 _et seq._;
monopoly in, 435 _et seq._

Trusts, 201, 369-371, 391-392;
as affected by railway discriminations, 393-394;
methods of stifling competition, 394-395, 527-528;
relation to tariff, 528 _et seq._

Tuttle, C. A., 34 note.

Union label, 506 _et seq._

Utility, absolute, 54 note;
contrasted with cost, 43-44;
diminishing, 98;
effective, 54 note;
elementary, 11-12;
final, 51 note, 54 note, 97-98;
form, 12;
marginal, 51 note;
measurement of, 40 _et seq._;
of producers' goods, 42-43;
place, 12-13;
varieties of, 7-8.

Value, 40-42, 99-101;
affected by caste, 268;
in primitive conditions, 50-51;
natural, 94-95;
normal, Ch. VII;
of complex goods, 100 _et seq._;
static, 124-125, 202-203.

Value of service principle, 405 _et seq._

Violence in labor disputes, 457 _et seq._

Wages, Ch. VIII, 85, 86;
as affected by improved methods, 299-300;
as affected by improved organization of industry, 318-319;
as affected by increase of capital, 316 _et seq._;
as affected by inferior bargaining power of labor, 452;
as affected by organization of labor, Ch. XXV;
increase of, effect on monopoly price, 479-480;
law of, 143 _et seq._;
rise of, effect on monopoly, 335 _et seq._;
static, 224-225.

"Waiting," 187-188.

Wants, changes in, 206;
elasticity of, relation to improvements in methods, 267 _et seq._

Wealth, 5-9;
increase of, effect on population, 333.

Webb, Sidney & Beatrice, 357.

Printed in the United States of America.

By JOHN BATES CLARK
_Professor of Political Economy, Columbia University_

The Distribution of Wealth

A Theory of Wages, Interest, and Profits
_Cloth, 8vo, 445 pp., $3.00_

"It is not too much to say that the publication of Professor
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