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EJC Cover Page Early Journal Content on JSTOR, Free to Anyone in the World This article is one of nearly 500,000 scholarly works digitized and made freely available to everyone in the world by JSTOR. Known as the Early Journal Content, this set of works include research articles, news, letters, and other writings published in more than 200 of the oldest leading academic journals. The works date from the mid-seventeenth to the early twentieth centuries. We encourage people to read and share the Early Journal Content openly and to tell others that this resource exists. People may post this content online or redistribute in any way for non-commercial purposes. Read more about Early Journal Content at http://about.jstor.org/participate-jstor/individuals/early- journal-content. JSTOR is a digital library of academic journals, books, and primary source objects. JSTOR helps people discover, use, and build upon a wide range of content through a powerful research and teaching platform, and preserves this content for future generations. JSTOR is part of ITHAKA, a not-for-profit organization that also includes Ithaka S+R and Portico. For more information about JSTOR, please contact [email protected]. THE ANNALS OF THE AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE ISSUED BI-MONTHLY VOL. XXXI JANUARY-JUNE, 1908 EDITOR: EMORY R. JOHNSON ASSOCIATE EDITORS:L. S. ROWE, SAMUEL McCUNE LINDSAY CARL KELSEY, JAMES T. YOUNG, CHESTER LLOYD JONES, WARD W. PIERSON PHILADELPHIA AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE 1908 Copyright, 1908, by the American Academy of Political and Social Science. All rights reserved. KRAUS REPRINT CO. New York 1968 Reprinted with the permission of the original publishers KRAUS REPRINT CO. A U. S. Division of Kraus-ThomsonOrganization Limited Printed in U.S.A. CONTENTS PRINCIPALPAPERS PAGE ABBOT, HENRY L. Present Status of the Panama Project ..... 12 ALTHOUSE,CALVIN O. Water Power in the Mississippi Valley. 164 BERGEN, FRANK. Restrictive Legislation Against Public Service Corporations in New Jersey .......................... 659 BRUE'RE, HENRY. Public Utilities Regulation in New York.... 535 CLEVELAND, F. A. Neglected Aspects of Currency and Banking ........... .............................. 420 CORTELYOU,GEORGE B. Note Introductory ............... ...301 DAVIS, ARTHUR P. Reclamation of Arid West by Federal Government ...................................... 203 DODD,W. F. The Finances of the District of Columbia ..... 671 EARLE, GEORGE H., JR. A Central Bank as a Menace to Liberty ............................................ 355 ELLIOTT, J. M. A National Clearing House as a Safeguard Against Panics ..................................... 460 FAIRLIE, A. The New York Canals JOHN .................. 117 FORBES, URQUHART A. The Inland Waterways of Great Britain and the Plans under Consideration for their Improvement. 228 FOREMAN, MILTON J. Chicago New Charter Movement-Its Relation to Municipal Ownership .................... ..639 FLAGLER, C. A. F. Engineering Features of Chesapeake and Delaware, and Norfolk-Beaufort Waterways ........... 73 FRAME, ANDREW J. Diagnosis of the World's Elastic Currency Problems ............................... 377 FRISSELL, A. S. Trust Companies and Reserves .................... 463 GAGE, LYMAN J. The Obstacles to Currency Reform ........ 454 HERRICK, MYRON T. The Panic of 1907 and some of its Lessons ......... .................................... 308 HOTCHKISS, WILLARD E. Recent Phases of Chicago's Trans- portation Problem .................................. 619 JONES, CHESTERLLOYD. The Anthracite-Tidewater Canals... 102 (iii) iv Contents PAGE JONES,LAWRENCE M. The Improvement of the Missouri River and its Usefulness as a Traffic Route ................. 178 LEWIS, EDWIN O. Philadelphia's Relation to Rapid Transit Company ........................................... 600 LOTZ,WALTHER. The Present Significance of German Inland W aterways ......................................... 246 LUETSCHER,G. D. Atlantic Coastwise Canals: Their History and Present Status ................................... 92 MACAFEE, JOHN BLAIR. Result of Further Legislative Regu- lation of Electric Railways ........................... 695 MILLS, A. L. The Northwest in the Recent Financial Crisis.. 413 MOORE, J. HAMPTON. The Delaware River ................. 67 MURPHY, JOHN J. Franchise Grants in New York City ....... 612 NASH, WILLIAM A. Clearing-House Certificates and the Need for a Central Bank ................................ 361 NEWLANDS, FRANCIS G. The Use and Development of Amer- ican Waterways ................................... 48 WILLIAM BARCLAY. Cod Canal 81 PARSONS, Cape ............. PINCHOT, GIFFORD. The Relation of Forests to Stream Control 219 POLLOCK, HORATIO M. The Public Service Commissions of the State of New York ................................. 649 RANSDELL, JOSEPH E. Legislative Program Congress Should Adopt for Improvement of American Waterways ....... 36 RICHARDS, J. L. The Boston Consolidated Gas Company: Its Relation to the Public, Its Employees, and Investors ..... 593 RIDGELY, WILLIAM BARRET. An Elastic Credit Currency as a Preventive of Panics ............................... 326 ROBERTS, GEORGEE. The Need of a Central Bank .......... 345 ROOSEVELT, PRESIDENT. Our National Inland Waterways Policy. (Memphis Address) ...................... ... I SCHIFF, JACOB H. Relation of a Central Bank to the Elasticity of the Currency ..................................... 372 SELIGMAN, ISAAC N. Foreign Experience a Guide to Currency Reform ........................................ 367 SIKES, GEORGE C. The Relation of Chicago to Public Service Corporations ...................................... 689 THAYER, WALTER. Transportation on the Great Lakes ....... 126 TREAT, CHARLES H. The Readjustment of our Banking System and the Unification of the Currency 335 .................... Contents v PAGE VANCE, JOHN L. The Improvement of the Ohio River ...... 139 VANDERLIP,FRANK A. The Panic as a World Phenomenon ... 302 WAY, R. B. Mississippi Improvements and Traffic Prospects. 146 WEXLER, S. The Lessons of the Panic of 1907 ............... 448 WILCOx, DELOSF. The Control of Public Service Corpora- tions in Detroit .................................... 576 WOLFF, SOLOMON. Public Service Corporations of New O rleans ................................. ....... ... 630 WRIGHT, HENRY C. Development of Transit Control in New York City ........................................... 552 YATES, HENRYW. Panic Preventions and Cures ............ 398 YOUNG, FREDERICKG. Columbia River Improvement and the Pacific Northwest ................................... 189 COMMUNICATIONS BANCROFT, WILLIAM A. Moderation in Control of Public Service Cor- porations ........................................................ o ROBINSON, Louis N. The German Stiidtetag ........................ 703 NOTES ON MUNICIPAL GOVERNMENT CONDUCTED BY L. S. ROWE AND W. W. PIERSON. The Relation of the Municipality to the Water Supply. A Symposium ... 470 Amsterdam (Holland), Berlin (Germany), Copenhagen (Den- mark), Stockholm (Sweden), Upsala (Sweden), Madrid (Spain) DEPARTMENT OF SOCIAL WORK CONDUCTED BY CARL KELSEY. Infant Mortality in the American Cities. Compiled by G. B. Mangold. A Symposium ................... ....................... 484 New York City, Philadelphia, St. Louis, Baltimore, Buffalo, Cin- cinnati, Milwaukee, Minneapolis, Providence, Rochester. The New York Society for the Prevention of Cruelty to Children. By E. F. Jenkins ........................................ 492 vi Contents BOOK DEPARTMENT CONDUCTED BY CHESTER LLOYD JONES REVIEWS PAGE BALDWIN, J. M. Social and Ethical Interpretations in. Mental Develop- ment.-M . V. O'Shea .................. ... ..................... 513 BARKER,E. The Political Thought of Plato and Aristotle.-C. L. Jones 287 BEER, G. L. British Colonial Policy. 1754-1765.-E. R. Johnson........ 514 BERGLUND,A. The United States Steel Corporation.-W. S. Tower .... 515 Cambridge Modern History. Vol. X.-W. E. Lingelbach ................ 288 CASSON,H. V. The Romance of Steel.-W. S. Tower ................ 290 CLARK,J. B. Essentials of Economics.-F. D. Watson ................. 515 COMMONS,J. R. Races and Immigrants in America.-G. B. Mangold ... 516 CROMER,THE EARL OF. Modern Egypt. Two Vols.-C. L. Jones...... 725 CURTIS,NATALIE (Ed). The Indians' Book.-C. L. Jones............... 727 DAY, C. A History of Commerce.-E. R. Johnson .................... 517 DEFEBAUGH, J. E. (Ed.). History of the Lumber Industry of America. Two Vols.-G. G. Huebner .................................... 727 DOWD,J. The Negro Races. Vol. I.-C. Kelsey ....................... 518 DOYLE,J. A. English Colonies in America. Vols. IV and V.-H. V. Ames 291 DURLAND, K. The Red Reign.-C. Kelsey 519 ............................ EATON, J. Grant, Lincoln and the Freedmen.-W. L. Fleming. ........ 520 EDWARDS,A. M. The Labor Legislation of Connecticut.-J. L. Barnard 521 ENOCK, C. R. The Andes and the Amazon.-H. R. Ringe .............. 728 Fessenden. FESSENDEN, F. Life and Public Services of William Pitt Two Vols.-W. L. Fleming .................................. 521 FISK, G. M. International and Commercial Policies.-F. D. Watson .... 522 Robinson 523 HADLEY, A. Standards of Public Morality.-M. H. .......... 729 HAWLEY, F. B. Enterprise and the Productive Process.-R. V. Phelan.... 729 HOWE,F. C. The British City.-L. S. Rowe ......................... HUNT, W., and POOLE,R. L. (Editors). The Political History of England. Vol. V. By H. A. L. Fisher.-E. P. Cheyney ...................... 523 Nearing
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