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ABBOTT, Charles C« •Botes on Federal Reserve policy, August, 1945June, 194S," JOURNAL OF FINANCE, Vol. IV, No. 2, June 1949. PP- 101-110. Discussion: by John H. wills, ibid., pp. 110-119 and R. J. Saulnier JC £. ADAMS,/Sherman MONETARY MANAGEMENT—THE REGULATION OF CREDIT. New York: Ronald P r e s s , 1949. Pp. v , 1 2 7 . BACH, George L. The Federal Reserve and Monetary Policy Formation, AMERICAN ECONOMIC REVIEW, XXXIX, No. 6, December, 1949, pp. 1173-91. KREPS, Clifton H., Jr.: "The Federal Reserve and Monetarj Policy formation: Comment," ibid*, XL, September, 1950, pp. 614-13} and "Rejoinder" by G. L. Back, ibid., pp. 618-20. Bachfs paper = brief summary of one part of a larger study prepared in 1948 for the Hoover Commission FEDERAL RESERVE BULLETIN Banking and monetary developments in 1949. December, 1949. 10 pp FiCDEPAL RESERVE BULLETIN Interruption of monetary expansion, May, 1949. pp. 9. UOLDENVEISER, E. A. Monetary Management. New York, McGraw-Hill, 1949 (CED study) SAYERS, R« S. Central banking in the l i g h t of recent British and American experience, QUARTERLY JOURNAL OF ECONOMICS, LXIII, May, 19A9. TAILOR, Horace and BARGER, Harold, Editors THE AMERICAN ECONOMY IN OPERATION. New York: Harcourt, Brace & Co., 1949* Pp. xiv, 346. elementary textbook in economics see for chaps, on operations of commercial banks and the FR System also for chap, by L. C. Fitch on government borrowing; and Oleg Hoeffding on the world economy Review: by Charles E. Lindblom, AMERICAN ECONOMIC REVIEW, Digitized forvol. 40, June, 1950, pp. 425-27. FRASER U.S. Congress. Senate Conittee on Banking & Currency To extend consumer credit controls and to provide for bank reserve requirements. Hearings, subcommittee of the Senate Committee on Banking and Currency, 81 Congress, 1 Session, May 11-13, 1949. Washington: Supt. Docs., 1949* Pp. 198. WHITTLESEY, Charles R. Memorandum on the Stability of Demand Deposits, AMERICAN ECONOMIC REVIEW, XXXIX, Dec. 1949, pp. 1192-1203.