Page:The Economic Journal Volume 1.djvu/858

 836 THE ECONOMIC JOURNAL L'Augtation de l'mission et de l'Encaisse d la Bamlue d'Angleterre. Par M. G. FP. aNcois. La crise de Baring once more suggests preventive measures. Mr. Moxon's plan of securing greater elasticity of issue than the Bank Act allows, by adopting the system obtaining in the Bank of Germany is commended. With respect to the amount of reserve, more chance of a stable rate of interest as compared with what bimetallism, or 1 bank notes, or increased reserves in banks of deposit would afford is offered by an international agreement for a clearing in gold between the Banks of England, France, and Germany, hke that obtaining between the Banks of Norway, Sweden, and Copenhagen, differences in monetary systems presenting no serious obstacle. Enquire Dcennale sur les Institutions d' UtilitY, Publique de la Haute- Alsace. Par M. ARTHUR RAFFALOVITCH. Analysis of the report issued in 1889 by the fourth commission of inquiry made by the Industrial Society of M'ulhausen into private institutions for ameliorating the material and moral condition of the population of Upper Alsace. (The Society itself was founded in 1832 to develop technical instruction, encourage inventions, maintain the reputation of Mfilhausen manufactures, and to strengthen the ties of good will between employers and employed.) Summarized results from several workmen's budgets are given. Compared with 1878, fifty per cent. less is now devoted to lodgings, ten per cent. more to food. Wages hve risen. Thrift and insurance increase, but so does over- crowding to economize in rent. One commissioner deplores the new hnperial restrictions on child-labour. La Constitution Viole par ses Protectears. Par 1[. E. MARTINEAU. Jahrbiicher fir Nationaliiko.omie u.d Statistik. 1891. (Jena.) No. Die Ergebnisse der Konknrsstatistik. (Schluss.) Von A. WmmNosvs. A comparative study of results in the statistics of bankruptcy in different countries. The general increase in bankruptcies is for the most part and in most countries among small business concerns. Das ]tsel der Durchschnittsj)rofitrate bei Marx. Von J. WOLF. The answer to ' the riddle of the avergge rate of profit,' i.e. to the second of the two paradoxes in Marx's theory of surplus value, was promised six years ago by Fr. Engels when Book !11. of Ckpital should be published. Book Ill. remains in (No. 4.' Die Bedettttng der Lehre corn Grenznutzen. Von Smos N. PATT.E. Comments on I. the new p4nse in the theory of marginM value introduced by the attacks of Dietzel; II. The development of the elassieM theory of the cost of production; 1Ii. The law of cost; IV. Influence of consumption on the value of cmnmodities; Doc- trines which obscure the relations between cost and value; VI. Import of an ,ncrease in the margin of consumption in a proesmve socmty  VIi, Distribution of the s';ore of commodities (Giiterreichtum). The