From a bookseller's point of view, the "Book-Lovers' Library" is not founded on practical lines. However, as the plan also includes the selling of capital stocks to its patrons, it is probable that the money received from subscriptions, together with the annual membership fees, will be sufficient to keep the enterprise going for some time. But since this is a corporation organized for the purpose of making money, a failure to earn money and to pay dividends will discourage its patrons, cause them to feel that they have been deceived, and finally to withdraw from membership. When the members realize that they are paying five or ten dollars a year for privileges that can be had free at the local library, in most cases they will withdraw their support.

Thus, while in some respects I regard this enterprise as an evil factor, it contains, I think, inherent weaknesses that will finally compass its own end.

But what is said of the relation of publishers and dealers to the Book-Lovers' Library is true in a measure of all circulating and other public libraries. They do not increase, but they positively contract the number of sales that are made in the interest of authors, publishers and dealers.

Under the German system, of which I have spoken, public libraries were at first allowed ten per cent. discount; but recently this has been reduced to five per cent.

Under the English system, profiting by the experience of German publishers, no discount is allowed to public libraries, schools or institutions.

The American system, however, is modelled largely after the German, and it permits the dealers to allow a discount of ten per cent. to local libraries. In doing this local dealers are protected from competition by the publishers, in that the publishers have agreed to add to the net price the cost of transportation on all books sold at retail outside of the cities in which they are doing business. Thus public libraries can buy net books cheaper of the local booksellers than they can buy them of the publishers by just the cost of transportation.

[LIBRARY BUILDINGS.]

By W. R. Eastman, New York State Library, Albany, N. Y.

A building is not the first requisite of a public library. A good collection of books with a capable librarian will be of great service in a hired room or in one corner of a store. First the librarian, then the books and after that the building.