[147] Report on Industrial Depressions, Washington, 1886.

[148] Report, pars. 61-66.

[149] Report, par. 106.

[150] Contemporary Review, July 1887.

[151] Contemporary Review, March 1888.

[152] Report of the Commissioner of Labour, Washington, 1886, pp. 80 to 88.

[153] D.A. Wells, Contemporary Review, August 1887.

[154] Lord Playfair, in the Contemporary Review, March 1888, gives a number of interesting illustrations of recent economies in transport and manufacture.

[155] Statist, 1879, quoted Bowley, England's Foreign Trade in the Nineteenth Century, p. 80.

[156] Essays in Finance, vol. i. p. 137, etc.