[240] George H. Hull, Industrial Depressions (New York, 1911), p. 218.

[241] W. Sombart, Die Störungen im deutschen Wirtschaftsleben, Schriften des Vereins für Socialpolitik, vol. 113, pp. 130-133.

[242] T. N. Carver, "A Suggestion for a Theory of Industrial Depressions," Quarterly Journal of Economics, May, 1903, pp. 497-500.

[243] Irving Fisher, The Purchasing Power of Money (New York, 1911), chapter iv, and chapter xi, §§ 15, 16, 17. Compare the same writer's summary statement of his theory in Moody's Magazine, February, 1909, pp. 110-114, and H. G. Brown's paper "Typical Commercial Crises versus A Money Panic," Yale Review, August, 1910.

[244] Adapted from Wesley Clair Mitchell, Business Cycles, pp. 571-579. The University of California Press. 1913.

[245] The extract here reproduced is from the concluding chapter of the work indicated.—Editor.

[246] E. M. Patterson, The Theories Advanced in Explanation of Economic Crises. Annals of American Academy of Political and Social Science, Vol. 59, May, 1915, pp. 140, 141, 147.

[247] E. W. Kemmerer, Seasonal Variations in the Relative Demand for Currency and Capital in the United States, p. 232. Publications of the National Monetary Commission, Senate Document No. 588, 61st Congress, 2d Session.

[248] Walter Bagehot, Lombard Street, pp. 46-56. Charles Scribner's Sons. New York. 1892. (First Edition, 1873.)