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EDITOR: EMORY R. JOHNSON

AASTANT EDITOR: CLYDE L. KING

EDITOR Book DEPARTMENT: ROSWELL C. MOCREA
ASSOMATE EDITORS: JAMES C. BALLAGA, G. G. HUEBNER, S. S. HUEBNER, CARL
KELSEY, P. LICHTENBERGER, L. 8. ROWE, ELLERY

C. STOWELL, T. W. VAN METRE

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APRIL 4 TH.

1891

AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE

36TH AND WOODLAND AVENUE

PHILADELPHIA

Copyright, 1914, by
AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE

All rights reserved

EUROPEAN AGENTS

ENGLAND: P. S. King & Son, 2 Great Smith St., Westminster, London, S. W.
FRANCE: L. Larose, Rue Soufiot, 22, Paris.
GERMANY: Mayer & Möller, 2 Prinz Louis Ferdinandstrasse, Berlin, N. W.
ITALY: Giornale Degli Economisti, via Monte Savello. Palazzo Orsini. Rome.
SPAIN: B. Dossat, 9 Plaza de Santa Ana, Madrid.

CONTENTS

Pago

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COMPETITION VERSUS COOPERATION IN THE STEAMSHIP

BUSINESS: PROPOSED LEGISLATION...

1

Emory R. Johnson, Ph.D., Sc.D., Professor of Transportation and

Commerce, University of Pennsylvania; Member of the Public Ser-

vice Commission of Pennsylvania.

EXTENT OF REGULATION OF OCEAN AND INLAND WATER

TRANSPORTATION BY THE FEDERAL GOVERNMENT..... 17

Grover G. Huebner, Ph.D., Assistant Professor of Transportation and

Commerce, University of Pennsylvania.

HISTORICAL DEVELOPMENT OF STEAMSHIP AGREEMENTS

AND CONFERENCES IN THE AMERICAN FOREIGN TRADE.... 48

Paul Gottheil, Member of the Firm of Funch, Edye and Co., New York,

and Chairman of the Special Committee of Steamship Lines Operating

from United States Atlantic and Gulf Ports to Foreign Countries.

STEAMSHIP LINE AGREEMENTS AND AFFILIATIONS IN THE

AMERICAN FOREIGN AND DOMESTIC TRADE...

75

S. S. Huebner, Ph.D., Professor of Insurance and Commerce, Univer-

sity of Pennsylvania, and Expert to the Committee on the Merchant

Marine and Fisheries during its Investigation of Shipping Combi-

nations.

THE ADMINISTRATION AND ENFORCEMENT OF STEAMSHIP

CONFERENCES AND AGREEMENTS. .....

112

William H. S. Stevens, Ph.D., Instructor in Economics, Columbia

University.

POOLING AGREEMENTS....

144

W. G. Sickel, Vice-Director, Hamburg-American Line, New York.

RATE AGREEMENTS BETWEEN CARRIERS IN THE FOREIGN

TRADE........

155

P. A. S. Franklin, Vice-President, International Mercantile Marine

Company, New York.

DEFERRED REBATE SYSTEMS...

164

Herbert Barber, President of Barber and Company, Inc., New York.

CONTRACTS BETWEEN STEAMSHIP LINES AND SHIPPERS...... 168

D. J. Donovan, General Western Agent for Foreign Steamship Lines,

Chicago.

TRAFFIC AGREEMENTS BETWEEN STEAMSHIP LINES AND

AMERICAN RAILROADS...

185

Rufus Hardy, Member of Congress from Texas, and Member of the

Committee on the Merchant Marine and Fisheries.

278112

BabsonThe Future Method of Investing Money (p. 275); BACKHOUSE AND
BLAND—Annals and Memoirs of the Court of Peking (p. 275); Best—The Deaf
(p. 276); BEST AND OGDENThe Problem of the Continuation School and Its
Successful Solution in Germany (p. 276); BRANFORD—Interpretations and Fore-
casts (p. 276); BROWNThe Underlying Principles of Modern Legislation (p. 277);
CLARK-Social Justice Without Socialism (p. 277); ENGELThe Elements of
Child Protection (p. 278); FOSTERThe Social Emergency (p. 278); GILBRETH-
The Psychology of Management (p. 279); GOLDMAN-Stock Exchange Laws (p.
279); HAINESThe American Doctrine of Judicial Supremacy (p. 279); ILLING-
WORTH-The Coöperation of Science and Industry (p. 280); JOHNSTON—Common
Sense in Foreign Policy (p. 280); KEPHART-Our Southern Highlanders (p. 281);
KOHLER-Philosophy of Law (p. 281); MAYREDER-A Survey of the Woman
Problem (p. 282); MECKLIN-Democracy and Race Friction (p. 282); MICHAELS-

CABOT-What Men Live by (p. 286).

C. Kelsey
GuyotWhere and Why Public Ownership Has Failed (p. 287). E. Jones
HOAGA Theory of Interest (p. 288).

Esther L. Little
Johnson-Emigration from the United Kingdom to North
America, 1763–1912 (p. 290)...

.H. P. Fairchild
JONES-Slatute Law Making (p. 291).

.S. M. Lindsay
Low-The Governance of England (p. 292)..

.R. G. Gettell
ORAGE-National Guilds: An Enquiry into the Wage-System and
the Way Out (p. 293)..

.S. Nearing
OSBORNE-Within Prison Walls (p. 293)..

.J. P. Lichtenberger
REEVES—Round about a Pound a Week (p. 294).

.S. Nearing
SEAGER-Principles of Economics: Being a Revision of Intro-
duction to Economics (p. 294)....

.L. S. Blakey
SIEGFRIED-Democracy in New Zealand (p. 296).

.R. C. McCrea
WELLS—Social Forces in England and America (p. 296) .B. D. Mudgett
WILLIAMSON-Maritime Enterprise, 1485-1558 (p. 297).

A. P. Usher

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