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ECONOMICS.

Extra-Mural.

Two questions in each of Sections A and C, and Section B will constitute a full paper.

A.

1. Explain the following terms: wealth, welfare, psychic income, capital, capitalization, production, the elastic share in profits, monopoly price, speculation, surplus or rest fund, rate of exchange, marginal utility, industrial union, intensive margin, closed shop, Fabianism.

2. Give an outline of mediaeval trade and commerce, dealing with the following points: (a) markets and fairs, (b) trade relations between towns, (c) foreign trading relations, (d) the Italians and eastern trade, (e) the Flanders trade and the Staple, (f) the Hanse trade.

a) What does a bank do for a community?

are a bank's sources of income?

(b)

3. What (c) Compare the effectiveness of the Canadian and the American systems of note-issues under normal and abnormal conditions. (d) Outline the inspection plan adopted by Canadian banks, and - contrast it with the American method.

4.

B.

Give an historical survey of national affairs in England between 1760 and 1830, dealing with the following specific points the great mechanical inventions, the factory system, transportation, coal and iron industries, the revival of enclosures, the laissez-faire theory, individualism.

5. field?

=

What is your theory of state action in the industrial

Apply to proposal for municipal ownership of street railways, freeing of toll-roads, free street railway transportation, municipal bakeshops.

C.

6. (a) Is there any likeness between trade-union policies and tariffs? (b) Between tariff and factory legislation? (c) Outline the present reciprocity proposals between Canada and the United States, and discuss these under the following heads: (1) effect on prices, (2) effect upon Canadian trade development, (3) effect upon trade within the Empire.

7. (a) What have been the causes of the recent rise in prices? (b) What is the function of the index number? (c) Compare government note-issues with bank note-issues as regards their efficiency. (d) Why did United States notes fluctuate so violently during the Civil War?

8. (a) What are the chief reforms advocated for the abolition of poverty? (b) Compare profit-sharing and collective bargaining as solutions of the labour problem.

tion

POLITICS.

Eight questions, four in each section, make a full paper.

A.

Discuss, with examples, the relation of political speculathe political and economic environment of the

to

theorist.

2.

State Aristotle'e attitude to democracy, and estimate the value of his view for our present needs.

3. སྙན with th bold t

A. I

valid?

State

5.

hat contributions to political theory do you associate names of Bodin, Austin, Marsilio, Dante, von HumMontesquieu, Maine?

the distinction between political and legal sovereignty

Where is the seat of sovereignty in the United in Germany?

) What is the sanction of international law?

The only purpose for which power can be right fully exercised over any member of a civilised community, against his 11, is to prevent harm to others. His own good, either physica 1 or moral, is not a sufficient warrant."

C

6.

tieth

origin

mment.

B.

Ompare the characteristic eighteenth century and twenCentury methods of investigating the question of the of the state, and state briefly the general results

reached.

7a) What are the chief ways in which changes are effected in the constitutions of modern states?

b) Explain administrative law and administrative courts, and discuss their relation to the doctrine of the separation of powers.

8. (a) Account for the different developments of the party system in the United Kingdom and in Continental Europe.

(b) Why has the Speaker in the United States House of Representatives become a party leader? Account for the movements in the United States in favour of (i) direct election of senators, (ii) direct primaries, (iii) commission government in cities.

9. (a) What were the reasons which led to the different degrees of centralization in the formation of the United States, Canadian, Australian and South African unions?

(b) Discuss briefly the validity of acts of the Ontario legislature,

(i) reducing the legal rate of interest;

(ii) making the sitting legislature perpetual;

(iii) introducing the metric system of weights and

measures;

(iv) incorporating a company to engage in coal mining in Alberta;

(v) giving municipalities power to tax ferries running between Ontario and New York state.

10. Compare the referendum and a second chamber as means of checking the assumed danger of arbitrary misgovernment by an unrestrained single chamber.

Note.

1.

JUNIOR MATHEMATICS.

-Candidates must make at least 20 per cent. on each section.

A.

a) Give any test, other than actual division, for findwhether a-b is a factor of a given expression; and exwhy it is a test.

ing plain

2. If a

feet.

3.

ポナ two

4_

rica I

b) Employ the principle in finding the factors of

-10x+35x250x24.

The volume of a sphere varies as the cube of its radius. phere of radius 31⁄2 feet has a volume of 179% cubic nd the volume of a sphere of radius 1 foot, 9 inches.

On the same axes draw the graphs of 4x-3y=12 and -9, and deduce therefrom the common solution of the Juations. Check your results by solving the equations.

a) Find the value of 0.1456 by means of the geometProgression.

b) Expand

1
(1—x)2

to. 5 terms by means of the binomial expansion, and check your result by Horner's method

of cli

5.

6.

ision.

B.

Construct a triangle when only the medians are given.

is a point within the triangle ABC on the bisector of

the angle A. Prove that if

7.

AB>AC, then AB-AC>PB-PC.

(a) Show that the laws of ordinary algebra hold true when the letters denote line-segments; and state your conclusions regarding the geometric interpretation of algebraic

forms.

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