The Carnegie Endowment is publishing through the Oxford University Press
a useful series of " Preliminaiy Economic Studies of the War," edited by Professor Kinley, of Illinois (52. net each). We may mention among them Professor Fairlie's compact and instructive study of British War Administration, of which the editor says that " the reader will be struck with the efficiency with which on the whole the British people have organized themselves for war," and that it is " a fine tribute to the adaptability of British talent and character." Professor Hibbard's study of the Effects of the Great War upon Agriculture in the United States and Great Britain is another valuable compen- dium of facts which it would not be easy to find elsewhere. A third volume of interest is Professor Bogart's examination of the Direct and Indirect Costs of the Great World War for each belligerent and for the neutrals. In directing attention to this laborious essay, we may mention that the author estimates the net cost to the belligerents at 244 thousand million dollars. The Allies spent twice as much as the enemy.
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