Friday, November 29, 2013

Do We Want Free Enterprise? by Vernon Orval Watts

Status: One Round of QC (11.29.2013)


Fix Notes:

Page 48: Footnote: Missing opening quote

Page 71: in Table: "autombiles" -> automobiles


Page 71: Table was "verticalized"

Changed Footnotes from * to numbered.

I probably need to rethink the typography of the book.... all of these negative indents/lists do not work in EPUB. I think it looks pretty hideous.

Wednesday, November 27, 2013

Economics and the Environment: A Reconciliation by Walter Block

Status: One Round of QC (11.27.2013)


Fix Notes:

copyright page: "ISNB" instead of "ISBN"

page xix: Under "Murray N. Rothbard": Should be a semi-colon

His 16 books include The Panic of 1819; Man Economy, and State; America’s Great Depression, The Ethics of Liberty; Power and Market; and Conceived in Liberty.

Page 4: bottom blockquote: Missing '('

The malfunctioning of the market system is, we think, both a reflection and a cause of some of our problems, however, and we urge a more realistic appreciation of how our economy really functions. Cordell 1976, p. 36).

Page 5: par. 5: under-priced (to match other usages in the book)

As a result, non-renewable resources are underpriced and are being extracted at excessive rates.

Page 18: par. 3: well-being (to match other usages in the book)

Presently, the one that will better maximize consumer wellbeing.

Page 22: bottom par.: one-dimensional

The shortcoming of this attachment to one- dimensional scarcity is that it overemphasizes the necessity of specific inputs in meeting society’s needs.

Page 41: par. 1: There is an accidental space before the closing period.

Leonard Waverman found that while energy accounted for only 6.2 percent of total expenditure for the average Canadian family in 1969, it accounted for over 8.9 percent of expenditures for the very poorest families with an income under $3,000, (Waverman, p. 85) . Clearly, the impact of higher energy prices on the poor is greater than for others.

Page 44: bottom par.: There is actually a space right before "Good will is at best [...]"

Page 51: first in list: dumb quotes -> smart quotes + a space needed

a disposal tax on some forms of packaging and on some"throwaway" products

Page 54: par. 3: "figure l" (lowercase 'l') should be a number '1'

For this reason, MC slopes upward; further bushels are obtainable only at increasing cost in terms of what is being sacrificed elsewhere. In figure l, the upward-sloping MC intersects the downward-sloping MB at a dollar price per bushel of PO at quantity WO.

Page 54: bottom par.: should be a number 1, instead of the lowercase letter 'l'

Similarly, if we begin at Wl, marginal costs exceed marginal benefits for units beyond WO

Page 54-55: The subscripts are capital letter 'O', and should be a number '0'

Page 60: par. 0: Footnote "7" should actually be a 4.

Page 65: Note on very bottom of page: reduction

The uniform redution means that for firm 1 the last unit of pollution reduction has a cost equal to a1, whereas for firm 2 the corresponding cost is a2.

Page 75: Table 5: "1975 Carlifornia standards" should be "California"

Page 76: Table 5: "1975 Califronia standards" should be "California"

Page 84: par. 0: Space after the parenthesis (could have been a typographical move?)

is dependent on a bountiful supply of old maids ( Hardin, p. 39).

Page 88: par. 1: Missing closing period at the end

The political marketplace does not respond to individual preferences as quickly as traditional markets, but at some point the response will be felt and politicians who continue to support transfers from consumers and tax-payers to conservationists will be defeated

Page 91: Under "Hardin, Garrett": “The Tradegy of the Commons” should be "Tragedy"

Page 95: first blockquote: There is a space before the comma after PBS:

PBS , “National Geographic Special: Playground or Paradise” (1983)

Page 114: References: The year should be italics, it is in the title of the book.

Hayes S. P., Conservation and the Gospel of Efficiency: The Progressive Conservation Movement, 1890-1920 (Cambridge: Harvard University Press, 1959).

Page 135: Footnote 10: There is a "1" at the very end. I removed it.

Page 135: Footnote 20: Is accidentally numbered "10"

Page 139: First blockquote: particularly

A recent shift of interest in that direction and a growing recognition of the importance of the analysis of politics, presage a new momentum in the development of economics, particulary in industrial organization, public choice and economic history (Cheung 1978, pp. 67-68).

Page 147: par. 5: the

In light of th near extinction of several furbearing species, state control of wildlife seemed like the only alternative.

Page 149: Second blockquote: Quotation mark should be removed.

The bottom line is better hunting, more shooting, and a happier end to each excursion. What more can the outdoor sportsman ask for?" (Fishing and Hunting News, April 1982, p. 8).

Page 161: par. 2: CO2 (Letter 'O', not the number '0')

This means cutting back on C02, which is considered the chief greenhouse gas, but also methane, nitrous oxides, and CFCs (chlorofluorocarbons), all of which also are believed to trap heat radiating from the earth.

Page 161: par. 2: the comma should not be included in the subscript

Methane is considered particularly dangerous because, even though it is a “trace gas” (existing in very small quantities) it traps twenty times as much heat as CO2, molecule for molecule.

Page 162: par. 4 (right below "Global Warming"): CO2 (Letter 'O', not the number '0')

The claim that the climate is getting warmer goes back to the 1890s when Svante Arrhenius, a Swedish chemist, contended that the unprecedented amount of C02 entering the atmosphere would eventually lead to global warming. Since then, scientists have generally agreed that the amount of C02 in the atmosphere is increasing.

Page 164: par. 2: CO2 (Letter 'O', not the number '0')

Only about half of the 5.5 billion tons of carbon produced per year by the consumption of fossil fuels turns up in the atmosphere as CO2, explains Solow, and climatologists assume that the rest is stored in the ocean.

Page 164: par. 4: CO2 (Letter 'O', not the number '0')

If there are far more plankton due to the increased CO<MV>2<D>, there will be more droplets, which reflect more sunlight than normal clouds do and therefore would help cool the earth.

Page 165: par. 2: CO2 (Letter 'O', not the number '0')

No strong evidence of warming caused by C02 or other greenhouse gases has been found so far. Even the evidence of global warming itself is less than conclusive.

Page 169: par. 4: CFCs

A number of chemical companies are making large investments in “soft” CFCS, which break down before they reach the stratosphere. But these are not as effective as their “hard” counterparts.

Page 170: par. 2: dumb quotes -> smart quotes

Indeed, a New York Times headline which hammered home the urgency of the matter—"Hickory Disappearing, Supply of Wood Nears End: Much Wasted and There’s No Substitute"—was typical.

Page 176: Footnote 5: Missing a space in between "p.39"

Page 176: Footnote 11: Missing a space in between "p.37"

Page 176: Footnote 24: Missing a space in between "p.433"

Page 176: Footnote 26: Missing a space in between "p.11"

Page 176: Footnote 27: Missing a space in between "p.5"

Page 177: Footnote 28: Extra space between opening quote and "Aircleaners in the Ocean"

Page 178: Footnote 55: Missing a space in between "p.46"

Page 178: Footnote 60: dumb quotes -> smart quotes + needs a space

S. Schneider,"The Greenhouse Effect: Science and Policy,"

Page 196: par. 1: AIDS

But as AIDs sufferers and the families of those who have died waiting for federal approval of new drugs can attest, “zero risk” is actually a very dangerous strategy.

Page 205: par. 3: dumb quotes -> smart quotes

In addition to their implications for stewardship and conservation, three-dimensional ("3-D") property rights also play an important role in stimulating creative and anticipatory investments.

Page 213: Footnote 32: "Martin t. Katzman" should be changed to an uppercase "T"

Page 217: par. 3: Footnote 2 is missing a space after it.

Page 238: par. 2: dumb quotes -> smart quotes

Thus, within the standard law of trespass—an invasion of person or property—"battery" is the actual invasion of someone else’s body, while “assault” is the creation by one person in another of a fear, or apprehension, of battery.17

Page 247: Missing a space in between "p.707"

One is the curious argument that “just as the employer gets and benefits from the gains for his worker’s activities, so too should he be required to bear the losses from these activities” (Epstein 1977, p.707).

Page 247: end of blockquote: Needs a space

the endlessly repeated formula of “respondeat superior,” which in itself means nothing more than “look to the man higher up”(Prosser 1971, p. 459).

Page 247: par. after end of blockquote: Needs a space

“In hard fact, the reason for the employers’ liability is the damages are taken from a deep pocket.”(Prosser 1971, p. 459).

Page 263: par. 3: Footnote "84D" -> "84"

Page 266: Footnote 5: Missing/Wrong quotation marks.

See the article launching this analysis by Ronald H. Coase, “The Problem of Social Cost, p. 10. For a critique, see Walter Block, ”Coase and Demsetz on Private Property Rights," pp. 111–115.

Page 266: Footnote 6: Missing closing quotation mark after “Injunction Negotiations: An Economic, Moral and Legal Analysis

Page 268: Footnote 17: Needs a space

“Apprehension”of an imminent battery is a more appropriate term then “fear,” since it stresses the awareness of a coming battery and of the action causing that awareness by the aggressor,

Page 272: Footnote 45: the 2 is not squared (it is in other areas in the book): “Torts: Trespass, Nuisance and E = mc2,”

Page 272: Footnote 46: Missing a space in between "pp.496-503"

Page 273: Footnote 56: double commas should just be one

Holman v. Athens Empire Laundry Co., 149 Ga. 345, 350,,100 S.E. 207, 210 (1919).

Page 273: Footnote 64: Needs a space

On the “tragedy of the commons” and private ownership, see, for example, Garrett Hardin, “The Tragedy of the Commons,”pp. 1243-1248; Robert J. Smith, “Resolving the Tragedy of the Commons by Creating Private Property Rights in Wildlife,” pp. 439-468.

Page 276: References: Needs a space

Egger, John B., “Comment: Efficiency Is Not a Substitute for Ethics,”in Time, Uncertainty, and Disequilibrium: Exploration of Austrian Themes, M. Rizzo, ed. (Lexington, Mass.: Lexington Books, 1979).

Page 277: Under "Epstein, Richard A.", there is a space that occurs right before:

_____,“A Theory of Strict Liability,” Journal of Legal Studies 2 (January 1973).

Page 325: Footnote 49: industry + consistently

[...] efficiency—these are the hallmarks of free enterprise in every other industy, and the present one is no exception.

But not all authors and organizations ostensibly devoted to applying free market principles to the environment carry through rigorously and consistantly with the logic of their own analysis.

Page 330: Footnote 85 is missing a period at the end.


There were inconsistent spacing issues between First Initial + Middle Initial. There were ~200 combined, and ~50 uncombined. I decided to combine nearly all of them.

Page 33: bottom par.: "E. R. Berndt" -> "E.R. Berndt"

A recent study by E. R. Berndt and David O. Wood finds that technological change in post-war U.S. manufacturing has been labour-saving and energy-using.

Page 52: par. 5: "A. C. Pigou" -> "A.C. Pigou" (matching style)

Full cost pricing as recommended by the Gamma group is very much in the spirit of proposals to deal with externalities suggested by economist A. C. Pigou in 1918.

Page 64: par. 6: "U. S. S. R." -> "U.S.S.R."

Well-known U.S. economist Marshall Goldman argues that the U. S. S. R. “is a chronicle of environmental disruption that is as serious as almost any that exists in the world (Goldman 1970, pp. 37-42).”

page 113-115: References:

Page 173: par. 3: "U. S." -> "U.S."

We have already seen how U. S. environmental policies have, quite understandably, been more responsive to powerful political interests than to the environmental problem at hand.

There were 4 "", 1 "et. al.", and 12 "et al.". I changed them all to "et al."

There were 11 "et al." italicized, I removed the italics to make them consistent.

I changed the underscores in the References sections to three "em dashes".

In the references section, whenever journals were referenced... there were 35 of these:

Journal of Law and Economics 18
Journal of Farm Economics 47

And there were ~9 of these (notice the comma between Journal Name + Journal Number):

Columbia Law Review, 60

I removed the comma to match current typography standards (this is the way we handle the journals + journal numbers at the Mises Institute). Plus it makes it consistent.


I moved all the footnotes to the end of each chapter (after References).

Page 300: I moved the table to before "Parkland" on page 299, and I "verticalized" the table.

Away from Freedom by Vernon Orval Watts

Status: One Round of QC (11.27.2013)


ISBN: 978-1-61016-110-7
eISBN: 978-1-61016-485-6

Fix Notes:

Page 14: par. 4: possibility

The student will find in Keynesian textbooks little objection to any government “investment” except the possibilty that it may temporarily reduce employment by discouraging timid investors in competing private industries.

Page 15: par. 2: extra quotation by accident

In other words, the Keynesian proposal for “compensatory”’ deficit spending by government implies abandonment of the gold standard in favor of a “managed currency,” that is, inconvertible paper money, or fiat currency.

Page 19: par. 1: Samuelson

He might also ask why Sam-ueleson believes a 10-billion dollar deficit in future will not lead to printing money or selling interest-free bonds to the Federal Reserve Banks, whereas much smaller deficits in the past led to large issues of paper money in this country and necessitated large purchases of government securities at nominal interest rates.

Page 26: par. 1: administer

The function of government is to adminster justice, that is, to preserve freedom, not to dictate activities.

Page 64: par. 3: counterfeiter

Instead, it enables those to whom the government gives the new currency to get goods without giving goods in exchange—as a countefeiter does.

Page 69: par. 3: double comma

We came into the period of the second World War with a heavy obsolescence, a large body of unused technological ideas, and a great deal of idle capital,, and, as shown by the foregoing table, with 9,080,000 men unemployed, on the average, in the year 1939.

Page 78: bottom par.: political

There are only various estimates arrived at by bureaucrats subject to polti-cal pressure and bureaucratic red tape.

Page 94: par. 0: messed up right quotation

[...] or relationships used in national-income analysis is fixed or stable, not even the “propensity to save’‘’ or the rate of turnover of funds.

Page 105: Footnote 31: Accidentally is number "13"

Page 105: Footnote 48: Economic

(Irvington-on-Hudson, New York: The Foundation for Ecoonmic Education, 1947),

Page 105: Footnote 50 says "05".


Page 33: par. 1: moreover (?)

In general, moveover, Keynesian proposals for “compensatory” policies follow Marxian Socialism in seeking to force individuals to obey the rule, [...]


I added periods to the numbering on page 28-29, 53-54.

Page 37-39: Footnote 41 is missing in the text.

Sunday, November 24, 2013

A Foreign Policy for Americans by Robert A. Taft

Status: One Round of QC (11.24.2013)


Fix Notes:


Capitalism the Creator by Carl Snyder

Status: One Round of QC (11.24.2013)


Fix Notes:

Page 25: par. 1: maximum

Then a progressive slowing down of this increase, so that it is now estimated the United States may reach its maixmum population within the next 40 or 50 years.

Page 88: Missing a footnote 5 in the actual text.

Page 161: par. 2: competitor

The constant aim of every manufacturer is to produce at a lower cost than his competitior in order to sell a larger quantity of goods.

Page 165: par. 2: wealth

“It is not the actual greatness of national weath, but its continual increase, which occasions a rise in the wages of labour.

Page 466: Index: "Cassell, Gustav" should be "Cassel" (one 'l')

Page 466: Index: "Chanhu-Dara" should be "Chanhu-Daru" to match the other usages in the book.


I moved the footnotes to the end of each chapter.

I removed the "List of Charts" (doesn't make much sense in an ebook).

Thinking about what to do with the missing footnotes.


Page 19-22 (Chapter 1): Footnote 5.

Page 425 (Chapter 1): Footnote 5.

Page 88 (Chapter 5): Footnote 5.

Page 432 (Chapter 5): Footnote 5.

Page 170 (Chapter 10): Footnote 5. (There is a mismatch here.)

Page 441 (Chapter 10): Footnote 4. (There is a mismatch here.)

Page 260-264 (Chapter 15): Footnote 4.

Page 450 (Chapter 15): Footnote 4.

Page 269-270 (Chapter 16): Footnote 3.

Page 451 (Chapter 16): Footnote 3.

Page 275-276 (Chapter 16): Footnote 13.

Page 453 (Chapter 16): Footnote 13.

Page 317-320 (Chapter 19): Footnote 10.

Page 456 (Chapter 19): Footnote 10.

Friday, November 22, 2013

The Limits of Economics by Oskar Morgenstern

Status: One Round of QC (11.22.2013)


Fix Notes:

Page 153: par. 1: "J. M. Keynes"

It may be observed however that the works of Carl Menger, N. W. Senior, J. E. Cairnes, J. N. Keynes, Max Weber, Ludwig Pohle and so on are still pre-eminent in this sphere, [...]

The Moral Case for the Free Market Economy by Tibor R. Machan

Status: One Round of QC (11.22.2013)


Fix Notes:

Page 2: par. 0: Science changed in "The Limits of Economic Sience"

Page 2: par. 3: course

[...] free will, that human beings have the capacity to choose between alternative courss of action, the idea that they could have chosen to do something different from what they did do.

Page 15: par. 1: subsequent

In Plato’s philosophy and in the philosophies of many subsequen thinkers such a universal idea or definition has a reality that is even more significant than the reality of you and me.

Page 15: bottom par.: significance

What drops out of course, if you take this line seriously—and almost all philosophers are taking it very seriously—is the signficance of your individuality.

Page 24: par. 0: (deleted this mistake)

[...] wholly attached tached to the collective goal of the group.

Page 24: par. 1: Destinies

Personal Destinites: A Philosophy of Ethical Individualism

Page 27: par. 2: statements

I wish now to argue that statments of the type that “Johnny ought to do X” or “Suzie ought not to do Y” are sometimes true.

Page 28: heading: Individual changed in "Invididual Moral Responsibility"

Page 38: par. 0: political

It takes aesthetic, biological, psychological, plitical dimensions to regard these inanimate parts of nature as of value or of dis-value.

Page 39: par. 0: respectively

Clearly, most of us can find evidence of this in our own behavior, when we are prudent or reckless, respecitvely.

Page 64: par. 0: withhold

If, in other words, metaphysics allows a diverse approach for the purpose of scientific investigation, then we can ask, would it not be appropriate to withold imposing a certain methodology, say, in biology, or sociology, or economics, until we [...]

Page 92: bottom par (very end of page): positive

[...] namely, a completely fulfilled life, one with no obstacles, with all problems solved, wholly free (in this postive sense)!

Page 101: bottom par.: one another

What the right to life and to private property—thus the corresponding free market system— make possible is for people to lead very different lives in peace with oneanother.

Page 105: par. 1: permission

The performance of bad deeds will not intrude upon others— that is, no dumping is permitted in such a system, unless permissiong is gained from those who will be burdened by it.

Page 119: par. 0: Earthbound changed in "Erthbound: New Introductory Essays in Environmental Ethics"

Index: Many of the "C" words have commas at the very end after the page numbers.


The typesetting in this PDF is pathetic.

Thursday, November 21, 2013

How to Keep Our Liberty by Raymond Moley

Status: One Round of QC (11.21.2013)


Fix Notes:

Page 48: Missing Footnote 7 located in the actual text. I placed it right after "This is on the assumption that the company earned not over 12 per cent on its capital."

Page 83: par. 1: demonstrated

The wide possibilities of independent state action, always latent in the Constitution, were perhaps most fully demon-trated by Huey Long in Louisiana.

Page 124: Footnote 9: certified

The latter was largely the work of Price, Waterhouse and Company, certi-tified public accountants.

Page 147: par. 3: diminishing

The British socialists were unable to raise tax rates much higher after they came into power after the war because the burden of taxation, at a rate of approximately 40 per cent of the national income, was at the point of diminshing returns.

Page 147: par. 3: stifling

This has had the effect of strifling private investment and plant renewal, paving the way to nationalization.

Page 181: It says "Part III", but the other three sections use the word, "One", "Two", "Four". I fixed it to "Three".


The book never goes to footnote "10", it goes 1-9, and then back to 1. I renumbered all of them per chapter.

Thursday, November 14, 2013

After Seven Years by Raymond Moley

Status: One Round of QC (11.14.2013)


Fix Notes:

Page 9: par. 5: Wrong quotation mark

They rose up, willy-nilly, out of a sea of feelings, senses, ”hunches,” to confront, grapple with, and finally take possession of me.

Page 207: par. 0: wonderful

Peace—it was wonderfull Prosperity—it was going to be negotiated at London in June.

Page 223: par. 1: Ambassador

(There were, for instance, long discussions with the Italian Ambasador about the Italian offer to pay $1,000,000 on account.

Page 377: Footnote 14: International

Professor Charles G. Fenwick, Proceedings of the American Society of Interna-national Law, 1933 and 1936.


Page 38: end of the quote: Missing a name after "Yours very truly,"?

Page 177: par. 1: properties (?)

The idea of sticking an immense regulatory machine into it horrified my sense of the administrative and legal proprieties.

Page 221: Footnote 18: status quo (?)

Since that time, apparently, our government has sent requests for payment at regular intervals and the matter has been permitted to remain in statu quo.

Monday, November 11, 2013

The Challenge of Liberty by Robert V. Jones

Status: One Round of QC (11.11.2013)


Fix Notes:

Page 206: par. 1: phenomena

Inasmuch as thought and its communication are inseparably related phonemena, the discussion already had of the liberty of religious, cultural, and political thought has necessarily been concerned in large part with the liberty of communication of religious, cultural, and political ideas.

Page 269: par. 2: therefore

The supply of entrepreneurship consists in the existence of people who are willing to undertake action as entrepreneurs as and when they believe they can receive compensation therefor.

Page 300: par. 1: therefore

For the purpose of being in a position to make such contribution, they should be permitted to acquire by inheritance or gift property sufficient therefor.

Friday, November 8, 2013

The Trade of Nations by Michael A. Heilperin

Status: One Round of QC (11.10.2013)


Fix Notes:

Page 17: par. 1: relations

It was then discovered, primarily by the ingenious Dr. Schacht, that there were advantages to be derived by an economically strong country when using bilateral trading methods in rela-lations with weaker countries.

Page 110: par. 2: launched

[...] of the “new” economic nationalism, has on other occasions lauched strong attacks, not against the principle of multilateral trade, [...]

Page 194: par. 1: population

From the viewpoint of world trade, the I. L. O. may render great services in checking on the extent to which industrial progress (in terms of increasing productivity) is translated in various countries into rising living standards of the populaton; in that way it may help to forestall the undesirable competition of cheap labor working with efficient means of production.

Page 198: par. 2: according

This seems to rule out the “beggar-my-neighbor” policies which have done so much harm in the ’thirties. Furthermore, acccording to this statement:

Page 208: last sentence: Reconstruction

The new international financial institution would supplement the Bank for Re-constructon and Development.

Page 260: par. 1: equilibrium

This, however, is a mistaken notion that ignores the large body of past experience concerning the restoration and maintenance of equilibrum in international payments.

Page 281: bottom par.: arrangements

Reference has already been made to the value of the European Payments Union in making arrangemetns for the clearance, [...]

Page 288: par. 0: governmental

[...] allowed to proceed without major govermental interference its worldwide multilateral pattern develops as a matter of course.

Page 299: Number 2: Europe

It excludes the theoretical possibility of Western Eurpoe exclusive of Great Britain organizing itself on an autarchic basis and using bilateralist techniques in dealing with the rest of the world.


Page 237 and 274: There is a Section "1.". Every other chapter in the book does not have this initial subsection, and the first subsection is always numbered 2. I have removed this in the EPUB to make them all consistent.

Page 254 and Page 256 both have a Footnote 31. All Footnotes in Chapter 15 beyond this point have been bumped by one.

Wednesday, November 6, 2013

Roosevelt's Road to Russia by George Crocker

Status: One Round of QC (11.06.2013)


Fix Notes:

Page 6: bottom par.: patrolling

There is no mystery about why, year after year, the East China Sea and the Sea of Japan must bristle with American warships and planes patroling in battle readiness.

Page 97: par. 1: semi-secrecy (to match the rest of the usage of "semi-" in the book).

As though a President could not have a rest on his own yacht in New England coastal waters without enshrouding his voyage in semisecrecy, Mr. Knox added:

Page 132: par. 1: effect

It was “valid in its binding effiect,” and it was “notice to the world by the President of the United States and the Prime Minister of the United Kingdom, [...]

Page 141: Footnote: extraordinarily

“It had always been Steve Early’s practice to build up the radio audience for the President’s speeches with plenty of advance publicity and he did this extraordinarly well.”

Page 192: par. 2: titanic

It was a libel against the titantic military and industrial might of the United States and Great Britain and the nations of the British Commonwealth, [...]

Page 234: par. 1: Russian

Through the red network of treachery, he had received his orders from Jacob Golos, a high Rusian official in America who directed a number of Communist cells in the American government and was one of the ghostly manipulators of two espionage rings which encircled the White House.

Page 283: Notes, bottom par.: original

This version is faithful neither to the orginal text nor to the speech as actually delivered. Roosevelt very likely shied away from calling the Polish settlement an agreement by the United States, [...]

Page 303: Index: Both "Benes" were missing the s with a caron: "Beneš".

Page 307: Index: "Inönü, President Ismet" was missing the 'I' with a dot above. See:


I moved the images in Chapter 8 (in between Page 108 and 109 (128-135 of PDF)) to a seperate HTML file between Chapter 8 and 9.


Par 114: par. 1: Twentieth Century (? a magazine?)

The haste with which “a new charter for Humanity” was brought forth comes to mind when one reads what was said of it by the English magazine Twientieth Century in its next issue: [...]

Monday, November 4, 2013

Duncombe's Free Banking by Charles Duncombe

Status: One Round of QC (11.04.2013)


Fix Notes:

Page 3: par. 0: administrations

[...] per portion of the currency as they are at present organized to regulate their township adminstrations.

Page 40: par. 2: apprehended

[...] and, consequently, free from the evils and dangers aprehended from the accumulation and concentration of the whole money power of the United States in one company, [...]

Page 43: very end of page: currency

[...] and satisfaction of the community in the loans of the bank, and by equalizing the currrency throughout the Union.

Page 58: par. 0, last sentence: Declaration

[...] preserving the immutable principles contained in the Declarition of Independence, and the present Constitution of the United States inviolate.

Page 67: par. 2: lose

[...] and these great sacrifices been made by the pressure of the times; and that individuals only suffer who are direct loosers.

Page 67: par. 2: fountain

Productive industry is the only true source and fountian of wealth in any and every country.

Page 70: par. 2: institutions

But make currency republican; allow the people to elect the directors of all the financial instituitons of the country, and let the demand regulate the supply; [...]

Page 70: par. 2: current

[...] make the circulating medium equally currrent in every part of the Union, and you save for the industrious laborer a competence [...]

Page 77: bottom par.: privileges

Incorporated companies, being invested with certain exclusives priviliges, and, consequently, having distinct and separate interests from the community at large, are looked [...]

Page 98: bottom par.: commercial

Among the various commmercial and financial operations known and dignified by the title of banking, three kinds only require a particular notice; [...]

Page 101: par. 1: consecutive

And all feel the sad effects of over-issues, and consec-cutive contractions, uniformly attendant upon a currency dependant upon credit, and regulated by private interest.

Page 111: par. 1, last sentence: succeeds

The temptation to over-issues, therefore, succeeeds.

Page 117: par. 0: issue

[...] actual amount of specie in their vaults at the time of the discount; and isssue only large bills; and you will have a key to the great secret for establishing a sound currency suitable for a free and enlightened people.

Page 124: bottom par.: objections

To the first of these ojections, we ask to be referred to the particular clause of the constitution containing the prohibitory article; for as we understand that instrument, it is clearly favorable to the exercise of the requisite power by congress to regulate the currency.

Page 126: par. 3: Independence

The mind is forcibly struck, on reading the Declaration of Independance, with the [...]

Page 131: bottom par.: Independence

And in this view of the case, we again call the attention of the patient reader to the words of the Declaration of Indepence respecting the abuses of government; and leave the reflecting mind to compare the political defection of a government, [...]

Page 138: par. 1, near bottom of page: industry

A substitute for money may, for the sake of convenience, or for the promotion of enterprise and industy, be made to circulate as money.

Page 139: par. 3,: organized

[...] but enabling them to supply and furnish themselves with the currency they prefer, as they are now oganized to supply themselves with education, or provide for religious worship.

Page 140: par. 0: uniformly

Cities, and incorporated towns and villages, are, by their incorporations, uniformily empowered to provide for the education of the youth of the place; and the people regulate their system of education in these situations as they please.

Page 143: bottom par.: dependence

State chartered bank paper, from its dependance upon credit, its connection with private interest and reliance upon politics, must, by the laws of its situation, be continually changing.

Page 150: par. 1: currency

[...]“That congress shall have power to coin money, and regulate the value thereof, and of foreign coin,”—evidently not anticipating any monopoly in the currrency—[...]

Page 153: par. 3: liabilities

[...] particularizing not only the debts and resources of the banks; but the immediate liabilities of the banks should be distinguished from their deferred liabities; [...]

Page 153: par. 3: together

[...] should be able to judge of the amount of paper money at any one time in circulation; or the amount necessary, to-together with the specie that the absence of small bills will always keep in circulation, to promote and obtain the greatest possible permanent prosperity of the country.

Page 187: par. 1: political

[...] these must assuredly follow in the train, or the people must rise in their might and disenthral themselves from the financial and po-itical trammels of chartered bank paper, with its paper aristocracy.

Page 191: par. 0: losers

If it goes into the wrong pockets, into the hands of those who have no right to it, the public are the loosers.

Page 192: par. 2, last sentence: losers

The public are uniformly the loosers.

Page 196: par. 0: abilities

The bad management of the currency by chartered companies, lessens the actual amount of circulating medium below the necessities of the public, and below the ablities of the specie in the country; [...]

Page 210: par. 1: unnecessary

[...] and the people will see, that whatever number of brokers and unnecesa-ry bankers are supported out of the profits of the currency, [...]

Page 229: par. 2: suppose

But since they have become dealers in bills of exchange themselves, the practice of guaranteeing bills, I believe, has been generally discontinued, as I supppose they find it more profitable to regulate the rate of exchange to meet their interest in the bill market, than guaranteeing bills for others.

Page 231: par. 0: immense

And, as a light placed on high is seen at a greater distance than small lights that are placed low, so this institution, by its high credit and immmense influence, better illustrates the principles and [...]

Page 232: par. 1: losers

These operations may enable a few individuals to amass splendid fortunes at the public expense; but the public and the uninitiated stockholders being the loosers, cannot fail to reprobate their conduct.

Page 240: par. 2: interfered

[...] for prudent men will not import more than they can sell, nor more than they can pay for; and where exchange is not in-interfered with, by artificial means, this of itself will regulate the amount of our importations, and the amount of our domestic sales.

Page 242: par. 2: excesses

that balances of trade, may always be correctly indicated by the rate of exchange, and the excessess checked, by the free circulation of the precious metals from one country to another.

Page 248: par. 2: squandered

[...] but to those who do not know its value, it is always deficient, it is sqander-ed, and is, briefly, nothing better than want, by which it must and will assuredly be followed.

Page 250: near bottom of page, "Thirdly:": bills

Thirdly: Circulate no billls smaller than the smallest that circulate in foreign countries with which our commerce is principally carried on, that the balances of trade may be indicated by the exchanges, and duly checked by the exportation of coin when excessive.

Page 255: par. 1: occurred

The political revolutions, as they have been termed, that have occured in England within the last twenty years, the catholic emancipation law, [...]

Page 260: bottom par.: indebtedness

[...] civil and religious liberty to all, are met upon the threshold with the charge of American suspensions of specie payments by their banks, and the extravagance and idebtedness of our states to foreign countries; thus stopping their mouths with arguments, drawn from republican America.

Page 264: par. 1: portentous

The congress of the United States should take up the subject of the monetary affairs of the country, and lend its powerful aid to guard the public against the portentious dangers that threaten every part of the Union, and protect them against the repeated impositions of incorporated companies; [...]

Page 273: par. 2: government

The notes of the bank of England are money, receivable by the goverment in the payment of all rates, taxes and dues accruing to the government; [...]

Page 286: par. 3: perversion

The pervertion of the business of banking to that of brokerage, would be such an infringement of their regulations as to subject them to an investigation before the state directors, and leave themselves and their bail accountable for their malversation.

Page 295: par. 0, end of paragraph: should end with a period instead of comma

Comptroller any portion of the public debt of the state of New York, or of any other state, or of the United States, equal to five per cent. stocks of the state of New York,

Page 298: par. 2: facilitate

This would faciliate the extension of the circulation, and equalize it throughout the Union, and thereby give the paper portion of the money-currency a more perfectly metalic character.

Page 303: par. 1: English

American coins pass as bullion in England, while En-lish coins pass in the United States at or above their par value in England.

Page 311: bottom par.: losers

True, the bill-holder would not be the only loosers; yet, the whole business of the country would be checked, and the contraction of the cur-[...]

Page 324: par. 1: been

The currency of the country, as has ben remarked, consists of the precious metals, coined into various shapes and forms, and stamped in mills with the heads of the rulers of the nations, or with their national honors, or some emblem or device adapted to their country.

Page 335: par. 1: interfere

[...] and that I have never recommended the legislature of any state, nor the congress of the United States, to interefere with the credit-currency of the country.

Page 337: par. 1: equality

A national debt has ever been held in abhorrence by every lover of liberty and eqality[...]

Page 348: par. 2: business

[...] while the foreign gambling speculator would be precluded from bank credit, or only share equally with the fair businesss men of the place.


There is no chapter XIII (13). It just straight from 12 to 14.


"news-papers" is used 3 times, while "newspaper" = 2 and "newspapers" = 5. Should all "news-papers" be switched to the unhyphenated version?

On Page 11 of the PDF (beginning of "A Letter"). The heading says:


In the TOC, I have simplified it to: "A Letter to the Hon. Secretary of State", but I have kept the same text.

Page 254: par. 1: dignified (?)

Capitalists would have greater confidence in the permanence and stability of funds based upon specie, connected with a government the choice of a whole people, than can be felt in a government, however strong in its fortresses, army and navy, in King, Lords and Commons, Church and State Union, in bank and government connection, when the wealth of the nation only constituted the bond of union, and when the titled pensioner and the dignitied churchman, who live upon the hard earnings of the masses, are but a tythe of the population, where fixed bayonets enforce the laws, and where moral obligations are of no force.

Saturday, November 2, 2013

The New Deal in Old Rome by H. J. Haskell

Status: One Round of QC (11.01.2013)


After I completed this EPUB, I noticed that there was already an EPUB version for sale on (must have slipped by me). So I did a code comparison and was able to wittle down even more errors.

Fix Notes:

Page 152: par. 0: jurisdiction

He was in charge of finances, public works, and civil and criminal jursdiction.

Page 163: par. 1: presidential

In modern presidental style he enjoyed fishing.


Could use better scans of the maps in the very beginning of the book.