THE RURAL SCIENCE SERIES 



Rural Wealth and Welfare 



Economic Principles Illustrated and Applied in Farm Life 



By GEORGE T. FAIRCHILD, LL.D. 



Ex-President of the Agricultural College of Kansas 

 381 PAGES 14 CHARTS $1.25 



THIS is the first important American effort to discuss the princi- 

 ples of economics with particular reference to agriculture. It is 

 the result of a lifetime of study and teaching by one who has al- 

 ways been in close touch with rural affairs, because nearly all his life 

 he has been a teacher in agricultural colleges. It discusses the general 

 rise and progress of agricultural activity as related to the development 

 of the country at large, and shows the relation of farm life to the 

 production of wealth, to questions of education, currency, tariffs, 

 wages, markets, labor problems, transportation, social conditions, etc. 



RURAL WEALTH AND WELFARE includes Introduction (General Welfare, Nature of 

 Wealth). Part I Productive Industry, comprising: Aims of Industry; Forces in 

 Production of Wealth; Labor Defined and Classified; Capital Defined and Classified; 

 Personal Attainments; Combination of Forces for Individual Efficiency; Methods of 

 Association; Exchange, Advantages, Limitations and Tendencies; Value the Basis 

 of Exchange; Exchange its Machinery; Banks and Banking; Deferred Settlement 

 and Credit Expansion; Technical Division of Labor; Aggregation of Industry; Special 

 Incentives to Production; Business Security. Part II Distribution of Wealth for 

 Welfare, comprising: General Principles of Fair Distribution; Wages and Profits; 

 Conflict between Wage -earners and Profit - makers ; Proceeds of Capital; Interest and 

 Rent; Principles of Interest; Principles of Land Rent; and Part III Consumption 

 of Wealth, comprising: Wealth used by Individuals; Prudent Consumption; Impru- 

 dent Consumption; Social Organization for Consumption; Economic Functions of 

 Government; Economic Machinery of Government; Conclusion and Index. 



So long as the demand warrants, new volumes will be added to 

 the RURAL SCIENCE SERIES. Definite arrangements have been com- 

 pleted for the following: 



FEEDING OF ANIMALS. By W. H. JORDAN, of New York State Experiment Station. 



In the press, 



FARM POULTRY. By GEORGE C. WATSON, of Pennsylvania State College. Inthepress. 

 PHYSIOLOGY OF PLANTS. By J. C. ARTHUR, Purdue University. 

 BREEDING OF ANIMALS. Bv W. H. BREWER, of Yale University. 

 PLANT PATHOLOGY. By B. T. GALLOWAY and associates, of U. S. Dept. of Agric, 

 THE POME FRUITS (Apples, Pears, Quinces;. By L. H. BAILEY. 

 CARE OF ANIMALS. By N. S. MAYO, Connecticut Agricultural College. 



