362 SECTIONAL TRANSACTIONS. — E, F. 



Exhibit. 



A collection of maps illustrating various as^jects of the 

 geography of South Wales, arranged by the Cardiff branch of the 

 Geographical Association, was exhibited in the City Hall through- 

 out the meeting. 



SECTION F.— ECONOMIC SCIENCE AND 

 STATISTICS. 



(For references to the publication elsewhere of communications entered in 

 the following list of transactions, see p. 381.) 



Tuesday, August 24. 



1. Mr. H. Allcock. — .4 Criticism of the Majority Report of 



the Royal Commission on Decimal Coinage. 

 Discussion. 



2. Mr. L. Smith Gordon. — Agriculture as a Business. 



Suggestions as to the possibility of reconciling the psycho- 

 logical and economic demands of agriculture with modern 

 conditions by treating it as an industry to be organised upon 

 a scientific basis. 



3. Mr. J. Lassen. — Danish Credit Corporations. 



Details concerning a system of co-operative borrowing of 

 money on first-class mortgage security. The interest of the 

 system lies in the fact that whereas all financing is usually 

 performed through the medium of Lenders (bankers, trust 

 companies, &c.), the scheme under review is dii-ectly reversed 

 and relates to a ' Corporation of Borrowers.' 



Discussion, introduced by Mr. C. E. Fay. 



Wednesday, August 25. 



4. Presidential Address bv Dr. J. H. Clapham, C.B.E. 



(See p. 114.) 



5. Mr. J. 0. CiiEETHAM. — The present Supply of Coal and 



its effects on the Shipping Interests of Cardiff. 



6. Mr. E. F. Adgie. — The Conduct of the Mining Industry. 



An examination of some of its economic and psychological 

 aspects, with regard to the bearing on the socialisation of 

 ownership and control. 



Discussion . 



Thursday, August 26. 



7. Mr. A. H. Gibson. — Credit: Inflation and Prices. 



A short review of the early beginnings of bank credit, its 

 growth and elasticity in modern times, its relation to 

 commodity prices; and the abuse of bank credit during the 

 recent war. 



