conflicts, 268.

Assessment, direct taxes, 353.

Association, complex, 55;
compound, 56;
methods of, 55;
simple, 55.

"Autonomy," 328.

Balance of trade, 152.

Bank business, 148;
inspection, 151;
liabilities, 155;
loans, 153;
resources, 155.

Banking, safety of, 155.

Banks and banking, 140;
described, 141;
government, 147;
national, 144;
state, 136.

Bankruptcy, 179.

Beef prices, 100-106.

Bimetalism, 126, 128.

Bonanza farms, 201.

Bonds, exemption from taxation, 369;
deferred payment, 160.

Borrowed money, 164, 284.

Borrowers and lenders, 154.

Bounties, 207.

Boycott, the, 262.

Business security, 224.

Capital a timesaver, 40;
circulating or fixed, 40;
conservative, 44;
defined and classified, 38;
distinguished from wealth, 38;
floating, 43;
in farming, 43;
of a country, 39;
proceeds of, 279;
prudent adjustment of, 314;
"timid," 44;
unproductive, 42.

Cattle, numbers of, 9, 83.

Character in production, 47.

Cheap living, 237.

Cheap money drives out good, 125.

Churches, taxes on, 354.

Civilization, developing, 53.

Clearing house, 149.

Clearing systems, 150.

Coinage, 118;
of the United States, 119.

Coin a country's capital, 133;
as currency, 131.

"Collectivism," 331.

Combinations for farming, 204;
for production, advantages, 193.

Commerce overestimated, 61.

"Communism," 330.

Compensation, actual and nominal, 236.

Complex association, 55.

Compound association, 56.

Conclusion, 373.

Conflict between wage-earners and profit-makers, 257.

Conservative influence as security for business, 224.

Consumption, cooeperative, 335;
for growth, 317;
luxurious, 319;
of wealth, 307;
wasteful, 322.

Contents, table of, xi.

Control of natural forces, 28.

Cooeperative consumption, 335;
industry, 272;
stores, etc., 335.

Copyright, 210.

Corn, acreage and yield, 84;
prices of, New York, 87-91;
consumption of, 84.

Cost and value, 69.

Courts of arbitration, 268.

Cows, numbers of, 9, 83.

Credit by accounts, 133;
by due bills, 134;
currency, 135, 117;
expanding, 167;
expansion, 158.

Credits, taxation of, 359.

Crops in United States since 1850, 10;
yield of, 83-86.

Crop-year, 78.

Currency, 130;
advantages of national bank, 146;
credit, 135.

Custom, or duty, 357.

Deferred settlement and credit expansion, 158;
in excha