NOTES.

The annual meeting of the American Economic Association will be held in Chicago, Illinois, from December 29-31, 1919. On Monday, December 29, 1919 in a joint meeting with the American Association of University Instructors in Accounting, there will be a discussion on "The meaning of invested capital." At the afternoon session papers are going to be read on "The Effect on International Trade of Germany's Indemnity Payments," by F.W. Taussig and "Our Foreign Investment Policy," by H.C. Adams. In the evening H.B. Gardner of the American Economic Association and F.W. Blackmar of the American Sociological Society will deliver presidential addresses; this meeting is going to be followed by a smoker. At the evening session on Tuesday, papers will be presented by W.C. Mitchell on "Prices and Reconstruction" and H.G. Moulton on "The Price Question and Banking Policy." In the afternoon the subject for discussion is "Employees' participation in management," with a paper by Royal Meeker. At a joint meeting with the American Association for Labor Legislation in the evening the topic for consideration is "International Control of Labor."