LITTELL'S LIVING AGE. IN N 1888 THE LIVING AGE enters upon its forty-fifth year, having met with constant commendation and success. A WEEKLY MAGAZINE, it gives fifty-two numbers of sixty-four pages each, or more than Three and a Quarter Thousand doublecolumn octavo pages of reading-matter yearly. It presents in an inexpensive form, considering its great amount of matter, with freshness, owing to its weekly issue, and with a completeness nowhere else attempted, The best Essays, Reviews, Criticisms, Serial and Short Stories, Sketches of Travel and Discovery, Poetry, Scientific, Biographical, Historical, and Political Information, from the entire body of Foreign Periodical Literature, and from the pens of The Foremost Living Writers. The ablest and most cultivated intellects, in every department of Literature, Science, Politics, and Art, find expression in the Periodical Literature of Europe, and especially of Great Britain. 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Communications for the Editorial management should be addressed to THE QUARTERLY JOURNAL OF ECONOMICS, Cambridge, Mass. Business letters, subscriptions, and remittances, to GEO. H. ELLIS, 141 Franklin Street, Boston. SUBSCRIPTION PRICE, $2.00 PER ANNUM. Single Copies, 50 Cents. CONTENTS FOR OCTOBER, 1887. 1. THE THEORY OF BUSINESS PROFITS, II. "FUTURES" IN THE WHEAT MARKET, NOTES AND MEMORANDA. Proposed Tariff Legislation since 1883. The Monetary System of Holland. CORRESPONDENCE: The Economic Movement in England, RECENT PUBLICATIONS UPON ECONOMICS. APPENDIX. WORKMEN'S INSURANCE IN GERMANY. S. M. Macvane Albert C. Stevens H. S. Foxwel CONTRIBUTORS FOR 1886-87. A. MCFARLAND DAVIS. Prof. FOXWELL, Cambridge, Eng. S. DANA HORTON, Pomeroy, Ohio. S. M. MACVANE. ARTHUR MANGIN, Paris. Prof. MARSHALL, Cambridge, Eng. Pres. F. A. WALKER, Boston. Boston. TWENTY-FIVE CENTS each will be paid for a limited number of copies of this journal for OCTOBER, 1886, and JANUARY, 1887, required to complete sets, by GEORGE H. ELLIS, 141 FRANKLIN ST., BOSTON. THE QUARTERLY JOURNAL OF ECONOMICS JANUARY, 1888 THE ELEVENTH CENSUS OF THE UNITED STATES. ON the first day of the present session of Congress, the Hon. S. S. Cox, of New York, introduced into the House of Representatives a resolution providing for the appointment of a committee on the Eleventh Census. The offering of this resolution calls attention to the near approach of another decennial enumeration, under the Constitution. It is most fortunate that the active, progressive, and enlightened statesman who framed the law of March 3, 1879, is still in Congress to apply the experience of the last census to the legislation for the next. Mr. Cox's promptitude shows that his interest in the subject has suffered no abatement. In undertaking a discussion as to what should be done. towards the performance of this most important constitutional function, it will perhaps be well to recognize the fact that the preparations for the Eleventh Census are likely to be in some degree embarrassed by the financial |