IMPERIAL FISCAL REFORM.
By Sir VINCENT H. P. CAILLARD.
Crown 8vo. 3s. 6d. nett.
Sir Vincent Caillard has long been meditating a comprehensive work on Imperial Trade and Finance. But in view of the general inquiry into the fiscal policy of the Empire suggested by Mr. Chamberlain last May, he has postponed for a time the completion of this work, thinking that he would render greater service to those who wish to take part in the inquiry by showing them in less voluminous form the figures and arguments which have led him to his well-known economic conclusions.
The present book is especially remarkable for the care taken to eliminate the effect on trade of the South African War, and to keep in view the conditions prevailing in normal circumstances. A large portion of the earlier chapters have already appeared in a more condensed shape in the pages of the National Review, but the concluding chapters are entirely fresh matter, and have been written with the express purpose of discussing the scheme for the preferential treatment of the colonies, as understood up to the present time. Sir Vincent Caillard directs the attention of all who desire earnestly to search for the truth to two propositions: (1) That preferential treatment of the colonies must only be looked upon as a step towards Free Trade within the Empire; and (2) that it is a very great error to draw hard-and-fast conclusions from the present conditions of the world without any regard to the future.
KNOWLEDGE IS POWER.
A Guide to Personal Culture.