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circonstance, devoted to the discussion of public policy and hence dealing largely with an unpredictable future. The arrangement of the material and the relative degree of emphasis upon the various phases of the subject were naturally conditioned by the fact that the writer is, in the main, addressing his fellow citizens of the United States. It may seem strange to append to a volume of this character a series of notes. Their function is in part to acknowledge indebtedness for fact or thought and, in part also, to substantiate and corroborate the text. Their chief purpose, however, is to furnish a running bibliography to easily accessible and non-technical literature for such of the readers whose interest may be stimulated to inquire further into matters that could be discussed only summarily in the text itself. In conclusion, it should be mentioned that some of the material in this book had already appeared in The Political Quarterly, The New Republic, The Forum, The Annals of the American Academy and elsewhere.

New York,

June first, 1917.

GEORGE LOUIS BEER.

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