The Fugitive Slave Circulars, 1875–76

The fugitive slave circular was one of the most prominent issues in British political debate in 1875 and 1876. The agitation over the instructions issued by the Admiralty on returning fugitive slaves to their masters marked the first significant attack on Disraeli's imperialism, setting the agenda for later attacks, including Gladstone's Midlothian campaign. A study of the agitation and the making of policy shows that humanitarianism retained significant popular appeal between the high points identified by historians in the early nineteenth and early twentieth centuries. This study of the fugitive slave circular examines the different groups involved in the agitation and shows how humanitarian politics were embedded with other contemporary debates about matters such as international law, geopolitics, party politics, the British constitution and religion.     

PRICE AND LOCATION CONJECTURES IN MEDIUM- AND LONG-RUN SPATIAL COMPETITION MODELS*

ABSTRACT. This paper examines medium-run and long-run equilibria in unbounded (circular) and bounded (linear) one-dimensional multifirm markets. A price-location adjustment model is outlined that dows simulation of the spatial equilibrium when these firms anticipate reactions from their nearest spatial rivals. Thus, the market equilibrium is derived from the interdependent but atomistic decisions of the competing firms and is not imposed by some outside observer or agency. Ail conjectures are exogenous; the three well-known price conjectures (Greenhut-Ohta, Hotelling-Smithies, and Losch) are highlighted; and the relevant comparative statics are provided.     

Land Absorption in U.S. Metropolitan Areas: Estimates and Projections from Regional Adjustment Models

This article adapts a regional adjustment model to estimate and project the spatial outcome of population and employment growth in U.S. metropolitan areas. The three-equation multiplicative model of population change, employment change, and land absorption is estimated using three-stage least squares to account for endogeneity among the dependent variables and contemporaneous correlation across the system of equations. In addition to the core model, alternative specifications are estimated, imposing the initial conditions of size, land availability, and economic structure. The stability of the solutions is then examined using reduced-form equations estimated via the seemingly unrelated regression equations approach. The results reveal substantive evidence that population and employment growth are jointly determined, of how the two affect the outcome of land development, and, perhaps most importantly, stable and fractionally reasonable estimates at projected equilibrium points. Lastly, the adapted model controlling for the initial condition of land availability is used to project patterns of land consumption at equilibrium in 50 rapid-growth metropolitan areas.