DEPARTMENT OF ECONOMICS AND SOCIOLOGY. 73 



I have spent considerable time this summer getting the manuscript for the 

 first volume of the final report into shape. Much of it is practically ready. 

 There are still several uncompleted essays for the second volume. 



It is expected that all of these will be completed before the close of the 

 year. 



Division VI.— DOMESTIC AND FOREIGN COMMERCE. 



Prof. Emory R. Johnson makes the following report of the progress of 

 the work of his division during the past year : 



No works have been published during the year ending September 1911. 



The "History of the foreign trade of the United States," written by Prof. 

 S. S. Huebner and Dr. G. G. Huebner, is completed but not yet published. 

 It is hoped that arrangements for its publication may be made during the 

 ensuing year. 



The "History of American coastwise commerce," by Assistant Prof. 

 Thomas Conway, jr., is nearly completed. This is the last work assigned to 

 collaborators, and it is hoped that this may be all ready for publication within 

 a few months. 



During the past year I have been giving some attention to the direction of 

 the work done by collaborators and have outlined the final volume to be 

 written by myself. One-third of this volume has been written and during 

 the past year I have written two chapters. The pressure of my university 

 duties and of certain expert work for the United States Government pre- 

 vented me from giving as much time to the work of the Carnegie Institution 

 as I had anticipated giving. It will be necessary for me to employ an assist- 

 ant to help me during part of the next two years if I am to complete the 

 work within that time, unless I should be able to secure a year's leave of 

 absence from the university. That, however, I can not do on pay, and ac- 

 cordingly it will probably be necessary for me to employ assistants in writing 

 the final volume. 



Division VII.— MONEY AND BANKING. 



Prof. Davis R. Dewey has submitted the following report regarding the 

 work of his division : 



No monographs have been published since September i, 1910. The fol- 

 lowing monographs have been received : 



The free banks and the free-banking system of Indiana. By Charles B. Austin. 

 History of the national banking system. By Glover D. Hancock. 



The following monographs are still unfinished : 



Relation of the Treasury to the New York money market. By J. W. Crook. 



Banking in Kentucky. By Elmer G. Griffith. 



History of banking in Louisiana. By Theodore H. Jack. 



Relation of the crop movement to the money market in the West. By F. L. 



McVey. 

 History of the greenback movement in Iowa and the Northvirest. By C. C. Rug- 



gles. 

 History of banking in Tennessee. By St. G. L. Sioussat. 



I have made some progress during the past year in my own studies, and 

 have the material now in shape so that I hope to be able to bring the work to 



