19–19368
“Mr R. G. Hawtrey’s ‘Currency and credit’ is a series of essays on subjects connected with money, which the writer has put together with the intention of presenting ‘a systematic analysis of currency and credit movements.’ His ‘analysis’ takes the form of a description of the mechanism of exchange and of the way it works in practice, in the course of which he supplies an exposition of the nature of financial crises. Two chapters are devoted to the discussion of the financial problems which have to be faced in time of war, and two more to ‘The assignats’ and ‘The bank restriction, 1797.’”—The Times [London] Lit Sup
Am Pol Sci R 14:362 My ’20 80w
“The book as a whole is in danger of falling between two stools: it is not easy or simple enough for beginners, and it does not take enough for granted to appeal to those who are already familiar with the theory of money. It could have been improved a good deal by rearrangement and a redistribution of emphasis. It is, however, the product of an acute intellect which reasons closely and threads its way through what are sometimes rather tortuous paths of abstraction.” G. S.
+ − Ath p1120 O 31 ’19 460w
“The last two sections of the book are, on the whole, the best portions of it. Mr Hawtrey’s history of the assignats is so well done that it could hardly be improved upon; it is clear, concise, and covers all the points which require bringing out. In selecting these few chapters for special praise we do not deny merit to the rest of the book.”
+ The Times [London] Lit Sup p568 O 16 ’19 720w
HAY, JAMES. Melwood mystery. *$1.75 (2c) Dodd
20–4958