Page:The Economic Journal Volume 1.djvu/240

 APPENDIX

PRICES OF SCOTTISH RAILWAY STOCK.

'ORTH BRITISH ALEi,N IAN, Stock, 1890, July, Aug. Sept. i Oct, t Nov,. Jan, Dec., 1891 ' Feb, t till 23rd.
 * -/ Pref. I [ i{ Higlleat 09 74I 73] Onthlary, Lowest 05 67 01

{Highest .—-- 77 3 / Pf. Lowest 74 ' r ] *{ Highest—-- 54 Def. Ord., Lowest—-Strike 57 53 t 51t 49� ' 4,: 41 751 74 77 77t 77t 70 i 74 t 73 74 701 75 74� 48 44] 41] 44t 44� 4 41f

In the new scheine of examination (to take effect in August, 1892) for admission to the India Civil Service, Political Economy takes at least no worse place than in the old. Instead of being confined to the ' Elements of Political Economy,' candidates are now invited to study ' Political Economy and Economic History;' and instead of the 300 niarks of the old scheine they are to be rewarded with 500. This alteration of the maximum places the subject on a level with modern languages, and brings it ahead of Logic, formerly ranked as equal. On the other hand, as a fraction of the possible total, it has only risen a very little way (froIn a-rd to about ]th); and the new rules prevent a selected candidate froin going on with his Political Economy in his year of probation if he has already taken it up in the entrance examination, There is thus on the whole no greater encouragement under the new rules than under the old to a really thorough study of the subject.

Mr. 's Dictiontory of Political Economy, the publication of which has been accidentally delayed, is expected to appear shortly after the date of our issue. Without anticipating the detailed criticism of the work which will appear in our next number, we may, having been favoured with a sight of the sheets, express the opinion that the Dictionary attains the object proposed by its editor, 'to give a stateinent of the position of Political Economy at the present time, together with such references to history, law, and coIninerce as may be Of use both in economic and in general reading.' There is one more remark which may be made without trenching on the province of our reviewer, Mr. L. L. Price a point which he is not likely to notice naniely, that the articles which he has contributed on ' Apprenticeship'and' Arbitration' appear to us particularly valuable, and to sustain the reputation which he has won in the department of Political Economy to which those subjects appertain.