DEPARTMENT OF ECONOMICS AND SOCIOLOGY. 91 



opinion of the writer, perform a function which is not performed at 

 present bj' any organization and which would harmonize with what 

 he understands to be the general principles on which the work of the 

 Carnegie Institution is organized. 



The department as a whole shows an unused balance of about 

 SoOjOOO. Of this apparent balance about $17,000 is in the funds for 

 administration and the Index of State Documents, while $8,825 is in 

 the special fund for the remuneration of the heads of divisions. We 

 thus have available for research about $24,000, and this is very 

 unequally distributed among the various divisions, some of which 

 have almost exhausted their appropriation, while others have a bal- 

 ance of several thousand dollars to their credit. The writer prefers 

 not to ask the Trustees for any additional appropriation as long as it 

 is possible to pay the expenses of the year by transferring monej^ 

 from those divisions which have much to those which have but little. 

 It will be noticed that, speaking broadly, those divisions which have 

 made the most progress on the final report are those which have the 

 smallest balances. It should be realized, however, that a very large 

 piece of work has been undertaken, the magnitude of which has 

 become more apparent with time. While those divisions which have 

 made the most progress may be able to complete their task by draw- 

 ing upon the balance of some of the other divisions, it should be 

 remembered that this is a case in which one hand is lending to the 

 other, and it may be necessary to obtain additional funds in the future, 

 in order to bring the work of all of the divisions to a conclusion. 



Details of the work as reported by the heads of the several divisions 

 are given below. 



Division I.— Population and Immigration. 



Professor Walter F. Willcox arranged last year to have his work at 

 Cornell University reduced to half its usual amount, and he has 

 devoted the other half of his time to his work on Population and 

 Immigration. He has presented an analysis of the chapters and has 

 written the equivalent of about sixteen of them. He has now obtained 

 a leave of absence from Cornell University for the second half of the 

 year 1913-14, and it is his expectation and hope to have his report 

 ready to print by September 1914. 



Division II. — Agriculture and Forestry. 



Since the last report. Professor Henry C. Taylor, of the University 

 of Wisconsin, has arranged to have some of his assistants work upon 

 an intensive study of agricultural production from 1840 to 1860, a 

 subject on which he has gathered a large amount of material. Dr. 

 L. C. Gray has already nearly finished a study on agricultural pro- 

 duction in the South, as a part of this work, and Mr. J. I. Falconer 



