Indian Economic Association. Proceedings of the Third Annual Conference Held in Senate House Madras. December 31st 1919 January 1st 2nd and 3rd 1920

Seorstary.-7Guamnik R Siabn Economics Universit of aboadConstitution 1. The objects of the Indian Economic A—asltcLattqlr (a) the holding of annual conferences (b) the publication of the proceedings of the annual coferences (c) the publication of journal and its free issue to members (d) such other action to promote Economic Science and the dissemination of economic information as may be [...] If the financial prospects appear adequate the arrangement with the Allahabad University should he terminated and an Editorial Board should undertake the publication of the separate volume of proceedings ; (b) that as an interim arrangement to facilitate the early publcation of the proceedings of the present Conference the oiler of the Madras Reception Committee (if forthcoming) to issue the pr [...] ' A glance at the programme will indicate the increasing number of subjects of importance which come under the purview of the Association at its meetings while the number of persons present today—I notice representatives from places so far apart as Assam and Travancore—and the increasing number of members of the Indian Economic Association indicate the increasing popularity of the subject and the [...] The inflation of the English currency owing to the mistaken policy of Government ; the effect of the English corn-laws in artificially keeping up the price of bread and consquently as was thought the wages of labour and the cost of production ; the undue enhancement of the rents of the English landed class by the extension of cultivation to inferior soils ; these were the practical semi-poli [...] To him the works of Marshall—except for the little volume called The Economics of Industry '—of Pigou of Irving Fisher of Clark of Veblen of Edgeworth of Boehm-Bawerk and of all the other genuinely original thinkers in the realm of modern Economic Science who have given us deep and subtle analyses of the complex problems of our time remain sealed books ! It is only in connexion with the degr