American Business Series GENERAL EDITOR ROSWELL C. McCREA Professor of Economics in Columbia University Ready: American Business Series Under the Editorship of ROSWELL C. MCCREA, Columbia University Economic History of the United States By T. W. VAN METRE, Columbia University Business Ownership Organization By ARCHIBALD H. STOCKDER, Columbia University The Shoe Industry By FREDERICK J. ALLEN, Harvard University The Transportation Act 1920 By ROGERS MACVEAGH, of the New York and Oregon Bars Our Competitors and Markets: An Introduction to Foreign Trade By A. W. LAHEE Outlines of Accounting By W. S. KREBS, Washington University, St. Louis Making Use of a Bank By J. A. FITZGERALD, Ohio State University Manpower in Industry By E. S. COWDRICK The Discount Policy of the Federal Reserve System In preparation: Business Economics By RAY B. WESTERFIELD, Yale University Statistical Methods By FREDERICK C. MILLS, Columbia University Money and Banking By WILLIAM H. STEINER, College of the City of New York Our Financial Reformation By C. A. PHILIPS, University of Iowa German Trade Associations: The Coal Kartell By ARCHIBALD H. STOCKDER, Columbia University International Trade Finance By GEORGE W. EDWARDS, PH.D., New York University OF THE FEDERAL RESERVE SYSTEM BY BENJAMIN HAGGOTT BECKHART, M. A. NEW YORK HENRY HOLT AND COMPANY |