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INDEX
ness of response of index number to change in money supply, 152.
Norton, J. Pease, "Stocks as an Investment When Prices Are Rising," quoted, 6l.
Ogburn, W. F., index numbers for use of Seattle flouring mills calculated by, 283.
"One Way Out," solution proposed in, for high cost of living, 79.
Overnight speculation in gold, prevention of, 139-142.
Owen, Senator Robert L., in favor of stabilization plan, 274.
Panaceas, attitude of devotees of, toward stabilization plan, 250-251.
Panics, traceable to price fluctuations, 65-66.
Paper money, fluctuations of price level from use of irredeemable, 5-6; literature on irredeemable, 290-291.
Paper money inflation, enormity of evils of, 61.
Par, selection of the, in carrying out plan for stabilizing the dollar, 154-161.
Parker, Carleton, on results of public muckraking, 67.
Peabody, George Foster, favorable opinion held by, of stabilization plan, 274.
Perrin, John, stabilization plan approved by, 274; quoted, 275.
Persons, Warren M., member of committee in favor of stabilization plan, 275.
Polish Engineers and Merchants in America, stabilization plan favored by Society of, 276.
Populism, reason for rise and cessation of, 68-69.
Precedents for plan of stabilizing the dollar, 116, 279-285.
Price, Theodore H., article on "The Index Number Wage," cited, 72.
Price control, impracticability of, as remedy for high cost of living, 102.
Price levels, medieval, 5-6; follow money standards, 23-29.
Price movements, index numbers a device for measuring, 1-5; general upward trend of, 5-6; history of, during past century and a quarter, 6-8; effect of the Great War on, 8-9; causes of, 10 ff.; various reasons assigned for, 10-12 ; effect on, of profiteers, speculators, and middlemen, 13-14; tendency to reason in a circle in regard to, 14-15; fallacy of accounting for, by selected cases, 16-17; argument from probability, pointing to monetary inflation as cause of, 17-19; argument from statistics regarding, 19-23; similarity of, in countries having like monetary standards, 23-25; difference in, in countries with unlike monetary standards, 25—28; correspondence of, with money supply, 29-30; other causes of, than quantity of money, 51-52; conclusion as to, that they are due to monetary causes, 52; evils of, 53 ff.; chief evil in unequal effect on individual incomes, 54; hardships worked in regard to contracts, 54-55; evils as to salaries and wages, 55-56; effects of, on rates fixed by law or custom, 56-57; periods before and after 1896 contrasted, 58-59; social injustice wrought by, 61-63; trade cycles due to, 65-66; bad remedies for evils of, 74-76; loss resulting from, is general, 76-78; a remedy for, 79-103; effects of, on popular ideas of money, 263-272; proposed special international study of, 273-274.
Profiteering, effect of, on price movements, 13; rising prices responsible for, rather than the result of, 14; rise of, in period of rising prices, 58-59 ; remedy for, 60; justification of so-called, in rents, 72.
Protective tariffs, idea of, stimulated by falling prices, 78 n.
Quack remedies for price convulsions, 74-76.
