Chapter Xl and in the Questions and Topics Above, Veblen, Imperial

Germany and the industrial revolution, London, 1915, is the most thoughtful; the work by Snow and Kral is a government report, Bureau of Foreign and Domestic Commerce, Misc. Series no. 65, useful for matters of fact.

Preliminary economic studies of the war, published for the Carnegie Endowment for International Peace by the Oxford University Press, and cited hereafter under the heading Carnegie Peace, comprise careful studies in various parts of the field, of which the most important for present purposes are no. 24, Ernest L. Bogart, Direct and indirect costs of the great World War, N. Y., 1919, and no. 9, J. Russell Smith, Influence of the great war upon shipping, N. Y., 1919.

The topics of money, prices, and foreign exchange lead the student into a great mass of literature quite apart from his usual sources. On questions of fact a convenient compilation is presented by the Secretariat of the League of Nations, Currencies after the war, London, 1920, and a wealth of material is comprised in the reports of the Brussels International Financial Conference of 1920. For current facts and discussion see Bulletin of the Federal Reserve Board (Washington, monthly), The Annalist, a weekly publication of the N. Y. Times, and, besides the other financial papers, the bulletins of New York banks (Federal Reserve, National City, Guaranty Trust). The ordinary student will best employ his time by a careful review of the principles of paper money and of foreign exchange, as they are presented in manuals of economics. F. W. Taussig, **Principles of economics, 2 vol., 3d ed., N. Y., 1921-1922, deserves particular recommendation.