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A SERIES OF TEXTS PREPARED AS
PART OF THE MODERN BUSINESS

COURSE AND SERVICE OF THE
ALEXANDER HAMILTON

INSTITUTE

ALEXANDER HAMILTON INSTITUTE
NEW YORK

Editor-in-Chief

JOSEPH FRENCH JOHNSON

Dean, New York University School of Commerce, Accounts and Finance

Associate Editors:

LEE GALLOWAY, PETER P. WAHLSTAD

ROLAND P. FALKNER

Titles

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Authors

Joseph French Johnson Frank L. McVey

Charles W.Gerstenberg

Lee Galloway

Ralph Starr Butler

Herbert F. De Bower

John G. Jones

Peter P. Wahlstad

Thomas W. Mitchell

Dexter S. Kimball

William H. Walker

Harrison McJohnston

Mac Martin

Edwin J. Clapp

Erich W. Zimmermann

Major B. Foster

E. L. Stewart Patterson

Edward R. Hardy
Walter Lindner
John B. Swinney
Albert W. Atwood

John T. Madden

Leo Greendlinger

Edward D. Jones

Jeremiah W. Jenks

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AND THE GOVERNMENT

BY

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JEREMIAH W. JENKS, PH.D., LL.D. Professor of Government, Director of the Department of Public Affairs, New York University School of Commerce, Accounts and Finance

MODERN BUSINESS

VOLUME 24

ALEXANDER HAMILTON INSTITUTE

NEW YORK

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