CONTENTS: --Bank rate, money rates, and the treasury-bill rate, by R. F. G. Alford. --Rules of the game of international adjustment, by A. I. Bloomfield. --Some issues in Federal Reserve discount policy, by L. V. Chandler. --The transfer problem : formal elegance or historical realism, by F. W> Fetter. --Regularities and irregularities in monetary economics, by L. Harris. --Problems of balance of payments adjustment in the modern world, by H. G. Johnson. --The relative growth of commercial banks, by E. P. Neufeld. --An African monetary perspective, by W. T. Newlyn. --Gold reserves, banking reserves, and the Baring crisis of 1890, by L. S. Pressnell. --Banking ratios past and present, by J. E. Wadsworth. --Rules, discretion, and central bankers, by C. R. Whittlesey. --The Evolution of the sterling system, by D. Williams. --The art of developing a capital market, by J. S. G. Wilson. * Includes bibliographies.