CHESTER ARTHUR PHILLIPS
Assistant Professor of Economics in Dartmouth College
and Assistant Professor of Banking in the Amos
Tuck School of Administration and Finance
New York
THE MACMILLAN COMPANY
1921
All rights reserved
PRINTED IN THE UNITED STATES OF AMERICA
Copyright 1916
By THE MACMILLAN COMPANY
Set up and electrotyped. Published September, 1916.
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PRINTING COMPANY
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