active industrial career in the early nineties, it is fitting that Mr. Ware devote most of his book to the story of that first great American union. The author first gives a narrative account of the Knights of Labor and then details many of its relationships. For example, there is a chapter each on the subjects, "The Order and the Church," "The Order and the Unions," and "The Unions and the Knights." Moreover, important chapters are devoted to the Knights' policy in regard to the eight-hour movement, co-operation, the boycott, women and the order, and politics and the farmer. Of course considerable space is given to the controversy between the Knights and the national trade unions after 1881. Although the Knights and their entanglements form the theme of the book, there are two chapters sketching the labor history of the period prior to the organization of the Knights. To a student of the works of Ely, Commons, and Perlman and their associates, much of Mr. Ware's story is familiar; but the author does not become a slave to these authorities nor a mere repeater. He has studied the evidence these other men have used, and has had access to some not open to them. As a result Mr. Ware frequently takes issue with his predecessors, and while not dogmatic in his contradictions of their doctrines he makes excellent cases for his own point of view. In particular, Mr. Ware should be congratulated on giving more force than other writers to the part played by human character with its complicated motives in the making of labor history. In evaluating this book one should not overlook its literary style. The author belongs to the younger generation, which disbelieves that weighty matters should be treated weightily. As a consequence, Mr. Ware's text is lightened by flashes of humor and epigrammatic statement, as on page 322, paragraph one. However, this style demands control lest it lead the author into superficial smartness, as for instance, on page 231 of the work under review, where the author says, "There followed the reign of the sainted Gary, canonized by a lady who had once crowned the Rockefellers with a brick." In mentioning style we should comment on the too frequent repetitions in Mr. Ware's writing. We realize that according to the plan of his chapters some repetition is necessary, but we do not admit that almost the same words should be used to convey identical ideas in different places. The faults of Mr. Ware's style are so much less than its virtues and the writing as a whole is so refreshingly different from that employed by too many serious historians that we heartily commend his work. Our recommendation applies equally to the matter presented and the manner in which it is offered. MALCOLM KEIR DARTMOUTH COLLEGE Atkins, Paul M. Bank Secondary Reserve and Investment Policies. (New York: Bankers Publishing Co., 1930.) Barnes, Donald Grove. A History of the English Corn Laws, 1660-1846. (New York: F. S. Crofts & Co., 1930.) Berdrow, Wilhelm (ed.). Krupp: A Great Business Man Seen through His Letters. (New York: Lincoln MacVeagh, Dial Press, 1930.) Bezanson, Anne, and Hussey, Miriam. Wage Methods and Selling Costs. (Philadelphia: University of Pennsylvania Press, 1930.) Carothers, Neil. Fractional Money. (New York: John Wiley & Sons, Inc., 1930.) Clark, Victor S., and Associates. Porto Rico and Its Problems. (Washington: Brookings Institution, 1930.) Coons, Arthur Gardiner. The Foreign Public Debt of China. (Philadelphia: University of Pennsylvania Press, 1930.) Durand, Edward Dana. American In dustry and Commerce. (Boston: Ginn & Co., 1930.) Fisher, Ernest McKinley. Advanced Principles of Real Estate Practice. (New York: Macmillan Co., 1930.) Foth, Joseph Henry. Trade Associations: Their Services to Industry. (New York: Ronald Press Co., 1930.) Gide, Charles. Communist and Co-op erative Colonies. (New York: Thomas Y. Crowell Co., 1930.) Grossmann, Carl G., and others. Das Recht der Vereinigten Staaten von Amerika, Vol. IX of Rechtsverfolgung im internationalen Verkehr. Leske, Franz, and Loewenfeld, W., editors. (Berlin: Carl Heymanns, 1930.) Hahn, L. Albert. Volkswirtschaftliche Hart, James. Tenure of Office under the James, F. Cyril. The Economics of Money, Credit and Banking. (New York: Ronald Press Co., 1930.) Kester, Roy B. Accounting Theory and Practice, Vol. I. (3d ed.). (New York: Ronald Press Co., 1930.) Lampen, Dorothy. Economic and Social Aspects of Federal Reclamation. (Johns Hopkins University Studies in Historical and Political Science, Series XLVIII, No. 1.) (Baltimore: Johns Hopkins Press, 1930.) Long, W. Rodney. Railways of South America. Part III: Chile. (Washington: U.S. Department of Commerce, 1930.) Margalith, Aaron M. The International Mandates. (Baltimore: Johns Hopkins Press, 1930.) Morgan, Charlotte E. The Origin and History of the New York Employing Printers' Association. (New York: Columbia University Press, 1930.) National Industrial Conference Board, Inc. State Income Taxes, Vols. I and II. (New York, 1930.) Pinchbeck, Ivy. Women Workers and the Industrial Revolution, 17501850. (New York: F. S. Crofts & Co., 1930.) Plekhanov, George. Fundamental Problems of Marxism. (New York: International Publishers, 1930.) Spahr, Walter Earl, and Swenson, Rinehart John. Methods and Status of Scientific Research. (New York: Harper & Bros., 1930.) Vaile, Roland S., and Slagsvold, Peter L. Market Organization. (New York: Ronald Press Co., 1930.) Van Hise, Havemeyer, and Others. Conservation of Our Natural Resources. (New York: Macmillan Co., 1930.) Wallace, Benjamin B., and Edminster, Lynn R. International Control of Raw Materials. (Washington: Brookings Institution, 1930.) Warner, Amos Griswold; Queen, Stuart Alfred; and Harper, Ernest Bouldin. American Charities and Social Work (4th ed.). (New York: Thomas Y. Crowell Co., 1930.) Watson, William. Auditing Control and Purchasing Procedure in the Municipal Court of Philadelphia. (Philadelphia: Bureau of Municipal Research of Philadelphia, 1930.) AN INTER-CITY CABLE, PART OF THE BELL SYSTEM NETWORK THAT UNIFIES THE NATION Vast, to serve the nation. personal, to serve you An Advertisement of the American Telephone and Telegraph Company SO THAT YOU may telephone from house to house in a Southern village, from farm to farm in the Middle West, or from the Pacific to the Atlantic Coast-the Bell Telephone System must be large. Its work is to give adequate telephone service to one of the world's busiest and most widespread nations. There is 4000 million dollars' worth of telephone plant and equipment in the Bell System, any part of which is subject to your call day or night. Every resource of this system is directed to the end that you may have quick, clear and convenient telephone service. In order to meet the telephone needs of the country most effectively, the operation of the Bell System is carried on by 24 Associated Companies, each attuned to the area it serves. Working TELEPHONE AMERICAN TELER BELL SYSTEM ASSOCIATED with these companies is the staff of the American Telephone and Telegraph Company, giving them the benefit of its development of better methods. The Bell Laboratories and the Western Electric Company utilize the talents of thousands of scientists for constant research and improvement in the material means of telephony. Western Electric, with its great plants and warehouses in every part of the country, contributes its specialized ability for the precise and economical manufacture of equipment of the highest quality for the entire system. The Bell System is vigorously carrying forward its work of improving the telephone service of the country. It is building for today and tomorrow-for the benefit of every one who lives and works in America. TELEGRAPH CO COMPANIES McGraw-Hill brings to your attention ECONOMIC FOREIGN POLICY of the UNITED STATES By BENJAMIN H. WILLIAMS Associate Professor of Political Science University of Pittsburgh 429 PAGES, 6×9, $4.00 Dr. Williams' book offers a thorough, scholarly, interesting body of text material for courses in political science and in the international aspects of economics. It discusses the causes and forms of the new American economic diplomacy. The book has been widely and favorably reviewed. A few brief excerpts from reviews follow. American Economic Review: "The work has been well done. The volume is generously documented and shows discriminating use of official and private publications covering a wide range. It is carefully organized and thoroughly readable. It is realistic and fairly critical, but well-poised and unsensational." Political Science Review: "It is easily the best that has yet appeared on the subject.” American Journal of International Law: . admirable in tone, clear and readable in style, and adequately equipped with facts both historic and current. The Economist (London): "An admirable introduction to a complex and difficult subject." Journal of Political Economy: "A systematic and valuable text." Send for a copy on approval MCGRAW-HILL BOOK COMPANY, INC. PENN TERMINAL BUILDING 370 SEVENTH AVE. NEW YORK POLITICAL Volume XXXVIII OCTOBER 1930 Number 5 A Mathematical Theory of Price and Production Fluctuations and Economic Crises A Culture Theory of Population Trends C. F. Roos 501 E. T. Hiller 523 Economic Influences Upon the Corporation Laws of New Harold W. Stoke 551 Gold Camps and the Economic Development of Western The New Conception of the "Standard of Value" Some Aspects of Mexican Immigration Book Reviews S. J. Coon 580 W. C. Schluter 600 Paul S. Taylor 609 616 Keezer and May, The Public Control of Business (Lewis), 616.—Wright, The Tariff on Animal and Vegetable Oils (Alsberg), 619.-Lyon, Hand-to-Mouth Buying, (Kuznets), 621.-King, The Small Loan Situation in New Jersey in 1929 (Robinson), 622.-Davie, The Evolution of War (Wright), 624.Vanderblue and Crum, The Iron Industry in Prosperity and Depression (Richter), 626. Books Received 628 THE UNIVERSITY OF CHICAGO PRESS CHICAGO, ILLINOIS, U.S.A. |