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SHEEP ON SUMMER RANGE IN GALLATIN NATIONAL FOREST, MONTANA

Courtesy U. S. Forest Service

BY

MARK A SMITH

=

WITH THE AID OF THE COUNCIL AND STAFF
OF THE INSTITUTE OF ECONOMICS

New York

THE MACMILLAN COMPANY

1926

All rights reserved

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Wahr 3-2-28

16323

AUTHOR'S ACKNOWLEDGMENTS

The author desires to make grateful acknowledgment of the assistance given him by Director Harold G. Moulton, Dr. Thomas Walker Page, and Dr. Edwin G. Nourse, of the Institute of Economics. The members of the Tariff Division of the Institute, Mr. Philip G. Wright, Mr. Lynn R. Edminster, and Miss Evelina P. Kean, read the manuscript and offered much constructive criticism. Mr. Sheldon B. Akers aided greatly in the collection of statistical material.

Professor Arthur H. Cole of Harvard University and Dr. Louis G. Connor, of Washington, D. C., both gave generously of their time to consider the entire study in detail and made suggestions of the greatest value. Dr. Connor prepared the statistical tables on pages 140 and 167. Mr. W. A. Graham Clark, Chief of the Textile Division of the U. S. Tariff Commission, and Mr. G. M. Youngman, Special Expert of the Commission, read portions of the text, and gave the author the benefit of their intimate acquaintance with the wool trade and industry. It is needless to add that none of these helpful critics should be held responsible for any of the conclusions.

Washington, D. C.,
November, 1925.

MARK A. SMITH,

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