Assuming that large concerns usually do pursue a common external “political” policy, the author examines the opportunities and eventual failure of such a policy in the first phase of the Hitler regime. His distinction between an independent and dependent “political” policy by business under a dictatorship may also be relevant for less developed countries with dictatorial governments.

The abilities of Western grain merchants to adapt their business practices to changing market conditions are revealed in this analysis of mid-nineteenth century developments.

The profitability and the mechanisms of the old Cuban sugar trade are illustrated through Professor Ely's study of the leading businessmen involved.

The rise and fall of discriminatory legislation against traveling salesmen is fully documented in this study of a negative vein of American business history.

To facilitate fruitful conceptualization and research in business history among scholars throughout the world, the Review presents the second in a series of reports by our International Correspondents. These reports will supplement the American activities regularly recorded in our pages. It is our hope that comparative studies of common problems and the exchange of data and ideas will thus be encouraged.

In eighteenth-century Germany, mercantile development had reached the point that not every merchant apprentice could hope to become an independent businessman himself. A good many had to be satisfied with living out their lives as merchant clerks. This led to social problems of the kind which became more common in the nineteenth century and which ultimately came to be handled by insurance and social security.