6 PREFACE [230 



In connection with this study the author wishes to 

 acknowledge his indebtedness to Prof. Henry R. Seager 

 for making valuable suggestions and criticisms, and to 

 Prof. Edwin R. A. Seligman for his kindly encourage- 

 ment. Acknowledgment is also due to Mr. F. G. Urner, 

 Vice-President of the Urner-Barry Company, New York 

 City, for assistance on matters pertaining to the market. 

 Finally the author wishes to express his gratitude to his 

 wife for the assistance she rendered in preparing the 

 manuscript for the printer and for her general sympa- 

 thetic support. 



Edward Wiest. 



Burlington, Vermont, November 30, 1915. 



