¹ He also makes occasional errors. Few would agree with him (page 8) that farmers were “well organized” at the end of the last century. There were organizations, but with the exception of the Grange these were tenuous affairs not destined to last very long, and by then the Grange itself was in political decline. He is also in error (page 150) in saying that the American Farm Bureau Federation was a central Washington lobby for business organizations in the thirties. Though it was suspected, not without reason, of doing some dubious business lobbying in the twenties, there must be some mistake here. And if economists are right in insisting that their few moments of great drama should, like Pickett's Charge, be treated meticulously, we may complain about his treatment of the stock market crash. The decline of Tuesday, October 29, was much worse than on Thursday, October 24, the first day of the debacle. On October 24 the bankers met, not early in the morning, but at noon. And so far as that day was concerned — Professor Cochran does not say anything that is specifically to the contrary — their efforts to support the market were quite a success.