Descriptive note in Annual, 1906.

“Threshing as it does over fields already covered by many excellent works, such a book as this should find its justification in clearness of presentation, yet in this respect it can hardly be called a success. The language is often so confused as to be almost unintelligible, and many errors appear which should have been detected in a careful reading of the manuscript or of the proof.”

− +Am. Hist. R. 12: 414. Ja. ’07. 650w.

Prendergast, William A. Credit and its uses. **$1.50. Appleton.

6–40205.

“This book treats briefly of the theory of credit, urging that, besides the tangible element of property, the intangible element of good faith, or confidence, is fundamental. Thus he holds strongly that credit is chiefly dependent on these intangible elements.”—J. Pol. Econ.


“The book is sufficiently popular to be understood by the layman, is strong on the practical side. Its weakness on the theoretical side will not hurt it as an introduction to practical problems of credit.”

+ −A. L. A. Bkl. 3: 170. O. ’07.

“The weakest part of the book is that dealing with the theory of credit.”