THE Quarterly Journal of Economics PUBLISHED FOR HARVARD UNIVERSITY BY GEO. H. ELLIS CO., I. Isthmian Canal Traffic.. II. Inclosures in England in the Sixteenth Century IV. The Report of the Victorian Industrial Commission V. The Holyoke Case Notes and Memoranda : "The Higgling of the Market " The Adoption of Children by Labor Unions. Recent Publications upon Economics E. W. KEMMERER VANDERVEER CUSTIS REMSEN WHITEHOUSE CONTENTS FOR NOVEMBER, 1903 I. The Irish Land Purchase Act of 1903 II. The United States Steel Corporation's Bond Conversion III. The Real Capital Concept IV. Branch Banking for the West and South Notes and Memoranda: The End of Sugar Bounties. The Effect of a Tarriff on Production Wealth and Welfare. C. F. BASTABLE EDWARD SHERWOOD MEADE F. W. TAUSSIG EDGAR H. JOHNSON D. DEW. 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