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JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org.. Oxford University Press is collaborating with JSTOR to digitize, preserve and extend access to Social Forces.HIS discussion of the situation in the South is from the standpoint of two economies: an "agricultural economy" and an "industrial-commercial economy." The term "agricultural economy" as used in this paper indicates an economic situation in which agriculture is dominant and towns in the area are more or less trading centers which supply the needs and demands of agriculture. The term "industrial-commercial economy" indicates an economic situation in which industry and commerce are dominant and the rural areas are more or less adjuncts of the towns.In the ante-bellum period an "agricultural economy", the plantation, was dominant. In that period there tended to be conformity, as it related to race and class, between the economic order, the political order and the moral order. We have at the present time the rise of an "industrial-commercial economy." Here we find non-conformity between the economic order and the political and moral orders as they relate to race and class. The problems of adjustment of race and class in the present period concern securing more conformity between the economic order and the political and moral orders. The changes in the political order and the moral order have not kept pace with the changes in the economic order. CONTRAST OF THE ECONOMY IN i86o WITH THE ECONOMY IN I930

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