MATERIALS FOR THE STUDY

OF BUSINESS

THE FINANCIAL ORGANIZATION OF SOCIETY

THE UNIVERSITY OF CHICAGO PRESS

CHICAGO, ILLINOIS

THE BAKER & TAYLOR COMPANY
NEW YORK

THE CAMBRIDGE UNIVERSITY PRESS

LONDON

THE MARUZEN-KABUSHIKI-KAISHA
TOKYO, OSAKA, KYOTO, FUKUOKA, SENDAI

THE MISSION BOOK COMPANY
SHANGHAI

THE FINANCIAL

ORGANIZATION OF SOCIETY

BY

HAROLD G. MOULTON

ASSOCIATE PROFESSOR OF POLITICAL ECONOMY
UNIVERSITY OF CHICAGO

THE UNIVERSITY OF CHICAGO PRESS
CHICAGO, ILLINOIS