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_Mr. Choate._ "In the Western Union?"

_Mr. Sage._ "Yes, sir."

_Mr. Choate._ "In the Missouri Pacific?"

_Mr. Sage._ "Yes, sir."

_Mr. Choate._ "In the Union Pacific?"

_Mr. Sage._ "Yes, sir."

_Mr. Choate._ "This stock ticker that stood by the desk in the adjoining room, did you keep run of it yourself?"

_Mr. Sage._ "Yes, sir."

_Mr. Choate._ "You take care of your own estate besides, do you not?"

_Mr. Sage._ "Yes, sir."

_Mr. Choate._ "That took a good deal of time?"

_Mr. Sage._ "It took some time."

_Mr. Choate._ "How much time did that occupy?"

_Mr. Sage._ "I have my assistants, my clerks, the same as you have in your office."

_Mr. Choate._ "You loan money, you manage these railroads, banks, trust companies, and the other affairs that you have mentioned. Did you not have dealings in stocks?"

_Mr. Sage._ "Oh, I buy and sell securities occasionally."

_Mr. Choate._ "Do you not deal in puts and calls and straddles?"

_Mr. Sage._ "I have in years gone by."

_Mr. Choate._ "These affairs take your whole time, do they not?"

_Mr. Sage._ "No, sir; I have leisure. I do not devote all my time to business."

_Mr. Choate._ "I think that is all."

THE CITIZEN'S LIBRARY OF ECONOMICS, POLITICS, AND SOCIOLOGY

UNDER THE GENERAL EDITORSHIP OF

RICHARD T. ELY, Ph.D., LL.D.

_Director of the School of Economics and Political Science; Professor of Political Economy at the University of Wisconsin_

12mo Half Leather $1.25, net, each

MONOPOLIES AND TRUSTS. By RICHARD T. ELY, Ph.D., LL.D.

"It is admirable. It is the soundest contribution on the subject that has appeared."--Professor JOHN R. COMMONS.

"By all odds the best written of Professor Ely's work."--Professor SIMON N. PATTEN, _University of Pennsylvania_.

OUTLINES OF ECONOMICS. By RICHARD T. ELY, Ph.D., LL.D., author of "Monopolies and Trusts," etc.

THE ECONOMICS OF DISTRIBUTION. By JOHN A. HOBSON, author of "The Evolution of Modern Capitalism," etc.

WORLD POLITICS. By PAUL S. REINSCH, Ph.D., LL.B., Assistant Professor of Political Science, University of Wisconsin.

ECONOMIC CRISES. By EDWARD D. JONES, Ph.D., Instructor in Economics and Statistics, University of Wisconsin.

GOVERNMENT IN SWITZERLAND. By JOHN MARTIN VINCENT, Ph.D., Associate Professor of History, Johns Hopkins University.

POLITICAL PARTIES IN THE UNITED STATES, 1846-1861. By JESSE MACY, LL.D., Professor of Political Science in Iowa College.

ESSAYS ON THE MONETARY HISTORY OF THE UNITED STATES. By CHARLES J. BULLOCK, Ph.D., Assistant Professor of Economics, Williams College.

SOCIAL CONTROL: A SURVEY OF THE FOUNDATIONS OF ORDER. By EDWARD ALSWORTH ROSS, Ph.D.

COLONIAL GOVERNMENT. By PAUL S. REINSCH, Ph.D., LL.B., author of "World Politics," etc.

DEMOCRACY AND SOCIAL ETHICS. By JANE ADDAMS, Head of "Hull House," Chicago.

MUNICIPAL ENGINEERING AND SANITATION. By M. N. BAKER, Ph.B., Associate Editor of _Engineering News_.

AMERICAN MUNICIPAL PROGRESS. By CHARLES ZUEBLIN, B.D., Associate Professor of Sociology in the University of Chicago.

IRRIGATION INSTITUTIONS. By ELWOOD MEAD, C.E., M.S., Chief of Irrigation Investigations, Department of Agriculture.

RAILWAY LEGISLATION IN THE UNITED STATES. By BALTHASAR H. MEYER, Ph.D., Professor of Institutes of Commerce, University of Wisconsin.

STUDIES IN THE EVOLUTION OF INDUSTRIAL SOCIETY. By RICHARD T.

ELY, Ph.D., LL.D., author of "Monopolies and Trusts," etc.

THE UNITED STATES

AN OUTLINE OF POLITICAL HISTORY, 1492-1871

By GOLDWIN SMITH, D.C.L.

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