664 deuten, WRITERS PAGI the Building Trade. Note ..... BOWLEY, A. L. The British Super-Tax and the Distribution of Income . . . . . . . . . . : :. . . . . . . : BROOKS, A. H. The Development of Alaska by Government Railroads. Note ... Short Haul Clause :::.. - A Contribution to the Theory of Competitive Price :: COOKE, T. Four Years More of Deposit Guaranty ..., CURTIS, J. F. The Administrative Provisions of the Revenue Act DAGGETT, S. Elsas' Ausnahmetarife. Review ........ 558 Later Developments in the Union Pacific Merger Case ... 772 DIETZ, F.C. Industry in Pisa in the Early Fourteenth Century i 338 DURAND, E. D. The Trust Problem: I. The Necessity of Prohibition or Regulation :.... 381 II. The Possibility of Preventing Combination ... 402 III. Ultimate Results of Permitting and Regulating Com- binations .....:::· · · · · · · IV. The Alleged Advantages of Combination GANNETT, L. S. Bernhard's Unerwünschte Folgen der deutschen Sozialpolitik and its Critics. Review GEPHART, W.F. Fire Insurance Rates and State Regulation :. 447 GRAY, L. C. Rent under the Assumption of Exhaustibility ... HANEY, L. H. The Social Point of View in Economics. I, II -115, 292 HEILMAN, R. E. The Development by Commissions of the Prin- ciples of Public Utility Valuation ............ HILL, J. A. The Income Tax of 1913. .. HOLCOMBE, A. N. Public Ownership of Telegraphs and Tele JOHNSON, A. S. Davenport's Economics and the Present Prob- KEMMERER, E. W. Keynes' Indian Currency and Finance. PERSONS, W. M. Books on Business Cycles: Mitchell, Aftalion, Bilgram. Review : : : - Mediation and Arbitration of Railroad Wage Controversies: 490 213 . . . . . . . . . THOMPSON, C. B. The Literature of Scientific Management .. TOSDAL, H. R. The Kartell Movement in the German Potash - The German Potash Law of 1910. Note ........ 379 466 :......... 360 40 275618 795 SUBJECTS 814 561 British Super-Tax and the Distribution of Income. By A. L. Business Cycles, Books on. 'By W. M, Persons. Rewiew : : Clark . . . . . . . . . . . . . . . . . . . . . . 417 586 Development by Commissions of the Principles of Public Utility Valuation. By R. E. Heilman ........ · · · · · Depreciation and Rate Control. By A. A. Young ...... 630 Elsas' Ausnahmetarife. Review By S. Daggett ...... 558 Federal Reserve Act of 1913. By O. M. W. Sprague..... Fire Insurance Rates and State Regulation. By W. F. Gephart 447 German Potash Industry, Kartell Movement in. By H. R. Tos- dal . . . . . . . . . . . . . . . . . . . . . . . . German Potash Law of 1910. Note. By H. R. Tosdal .... 579 Home Rule in Taxation. By H. Secrist ........... 490 Income Tax of 1913. By J. A. Hill . . Industrial Bounties and Rewards by American States. By F. W. Powell ._: Industry in Pisa in the Early Fourteenth Century. By F. c. 19 Keynes' Indian Currency and Finance. Review. By E. w. Long and Short Haul Clause, Some Economic Aspects of the New. By J. M. Clark ..... . Year's Development. By F. W. Powell. ... Curtis . . . . . . . . . . . . . Scientific Management, Literature of. By C. B. Thompson... Social Point of View in Economics. I, II. By L. H. Haney. 115 Tariff Act of 1913. By F. W. Taussig. ............. Trust Problem, The. By E. D. Durand: I. The Necessity of Prohibition or Regulation ... II. The Possibility of Preventing Combination .. III. Ultimate Results of Permitting and Regulating Co ....... IV. The Alleged Advantages of Combination .... 677 Union Pacific Merger Case, Later Developments in. By S. Daggett 772 “Unearned Increments," Land Taxes and the Building Trade. Note. 31 402 THE QUARTERLY JOURNAL OF ECONOMICS NOV EMBER, 1913 THE TARIFF ACT OF 1913 SUMMARY The principle of a “competitive tariff,” 1. — “Legitimate" industries, 3. — The Tariff Board and the methods of revision, 5. — Sugar duty lowered at once, to be abolished after three years, 8. — Wool free, 11; lower ad valorem rate on woolens, 13. — The probable consequences, 15. — Moderate rates on cottons, 17. — Comparatively high rates retained on silks, 20. — Other changes: pottery (23), iron and steel (24), free list extended (25). — Administrative sections strengthened, to prevent evasion of ad valorem rates, 26. — Many reductions will be only of nominal effect, 28. – What the future may bring, 29. THE Tariff Act of 1913 is described both by friends and enemies as a radical measure. It is said not only to lower duties, but to introduce new methods of assessing them and to rest upon principles essentially different. How far can it be said to make sweeping changes ? The new principle of which most has been made by the advocates of the act is that of a “competitive tariff.” In 1909, the Republicans had professed to act on quite a different principle, – that of equalizing cost of production. These two have been set forth by both sides as starting from opposite poles in the |