"It is refreshing to pick up a book by Dr. Ryan, who is always so sane and so convincing."—North Western Chronicle.

"The book is considered the best presentation of Catholic economic thought at the disposal of the general reader."—Albany Times-Union.

"That this economic study by Father Ryan is a solid work is evidenced by the fact that it was first published in 1906, and was reprinted in 1908, 1910, and 1912.... Instead of appeals to sentiment or glittering generalities, Professor Ryan offers seasoned arguments and precise doctrine."—Portland Evening Telegram.

"The most judicious and balanced discussion at the disposal of the general reader."—World To-day.


Property and Contract in Their Relations to the Distribution of Wealth
By RICHARD T. ELY, Ph.D., LL.D.
Of the University of Wisconsin, Author of "Outlines of Economics," Editor of the "Citizens' Library," etc.

In two volumes, $4.00. Special Law Library Edition, Sheep, 8vo, $7.50

In this work, which is based upon legal decisions as well as upon economic principles, a leading authority on political economy considers simply and concisely one of the greatest problems now before the American people. Much has been heard and written of late about judicial readjustment and direct government, but few who have discussed the subject have seen the heart of it as clearly as does Professor Ely. Of special importance is his treatment of the police power, a burning question in American jurisprudence. An idea of the scope and comprehensiveness of the work may be gained from the following condensed table of contents: Introduction; Book I, The Fundamentals in the Existing Socio-Economic Order Treated from the Standpoint of Distribution; Part I, Property, Public and Private: I, Property, Public and Private, The First Fundamental Institution in the Distribution of Wealth; II, Illustrations Showing the Importance of Property in Wealth Distribution; III, Property Defined and Described; IV, Property, Possession, Estate, Resources; V, The Attribute and Characteristic of Property; VI, The Social Theory of Private Property; VII, Property and the Police Power; VIII, What May I Own? IX, The Conservative Nature of the Social Theory of Property; X, XI, A Discussion of the Kinds of Property; XII, The General Grounds for the Maintenance of Private Property; XIII, A Critical Examination of the General Grounds for the Maintenance of Private Property; XIV, XV, XVI, XVII, XVIII, XIX, The Present and Future Development of Private Property; XX, The Transformation of Public Property into Private Property and of Private Property into Public Property; XXI, The Management of Public Property with Reference to Distribution; XXII, Theories of the Origin of Private Property; Part II, Contract and Its Conditions: I, Introductory Observations; II, Contract Defined and Described; III, The Economic Significance of Contract; IV, Contract and Individualism; V, Criticism of the Individualistic Theory of Contract and the Social Theory; VI, Contracts for Personal Services; VII, Class Legislation; VIII, Facts as to Impairment of Liberty; IX, The Courts and Constitutions; X, Concluding Observations; Appendix I, Part III, Vested Interests; Appendix II, Part IV, Personal Conditions; Appendix III, Production, Present and Future, by W. I. King, Ph.D., Instructor in Statistics, University of Wisconsin; Appendix IV, List of Cases Illustrating the Attitude of the Courts Toward Property and Contract Rights and the Consequent Evolution of These Rights, by Samuel P. Orth, Ph.D., Professor of Political Science, Cornell University.


Principles of Economics
By F. W. TAUSSIG
Henry Lee Professor of Economics in Harvard University