TABLE OF CONTENTS xxiii 



MflB 



244. Results Attained under the Federal Reserve Act. Federal 

 Reserve Board 759 



245. The Commodity Regulation of the Federal Reserve Board. 



W. P. G. Harding . . . . ." 762 



D. CRITICISM AND PROPOSALS FOR REFORM 



246. The Agricultural Credit System of Germany. LeRoy 

 Hodges 764 



247. Can Co-operation Remedy Rural Credit Conditions ? Lewis 



H. Haney 769 



248. The Government Must Give Direct Assistance. Samuel M. 

 Taylor 772 



249. State Aid Unnecessary. Myron T. Herrick 775 



E. STATE AND FEDERAL LEGISLATION 



250. Credit .Unions in Massachusetts. Commonwealth of Massa- 

 chusetts 776 



251. The Lending of State Funds in Oklahoma. Laws of Oklahoma 780 



252. The Missouri Land Bank Laws of Missouri ..... 784 



253. The Federal Farm Loan Act 789 



XV. AGRICULTURAL WAGES 

 INTRODUCTION 796 



A. SOME POINTS OF THEORY 



254. The Nature and Rate of Wages. Edwin R. A. Seligman . 797 



255. The Laborer's Share in Distribution. A. W. Flux . . . 800 



B. CONCERNING THE DEMAND FOR LABOR 



256. Value of Product and the Schedule of Demand for Labor 

 George K. Holmes 806 



257. Seasonal Distribution of Labor in Relation to Demand. 



W. J. Spillman .....' 810 



258. Making Labor Go as Far as Possible. J.A.Drake. . . 812 



259. The Labor Demands of Intensive Agriculture. H. A. Mittis 814 



C. FORCES AFFECTING THE SUPPLY OF AGRICULTURAL LABOR 



260. Some Factors Curtailing the Supply of Agricultural Labor. 

 Alfred H.Peters 816 



261. The Competition of Non- Agricultural Employments. George 



K. Holmes 817 



262. Getting the Immigrant on the Land 



a) The Efforts of the Bureau of Immigration. T. V. 

 Powderly 818 



b) The Immigrant's Welcome. Samuel Gompers . . . 820 



