90 Scientific Intelligence. 



archeological field work. The admirable character of the illus- 

 trations leaves nothing to be desired. 



3. Banking, Principles and Practice; by Ray B. Wester- 

 field. — An important and comprehensive work in five volumes 

 on the historical, legal, practical aild theoretical aspects of bank- 

 ing has recently been published by the Ronald Press Company 

 (New York City). The author, R. B. Westerfield, is assistant 

 professor of political economy at Yale University and secretary- 

 treasurer of the American Economic Association. Prof. Wester- 

 field writes authoritatively from long experience and exhaustive 

 study, and although the work is thoroughly up-to-date, embrac- 

 ing the most recent developments, a conservative approach to the 

 issues in discussion has been preserved throughout. The exposi- 

 tion of the subject matter is admirably clear, and the various 

 phases of banking are presented with as much conciseness as their 

 numerous ramifications allow. The author has apparently spared 

 no pains or caution in making the work completely reliable, so 

 that it constitutes a valuable and accurate symposium for refer- 

 ence study. The careful and orderly arrangement of chapter 

 headings and subjects is well adapted to convenience and handy 

 use. 



The first volume (pp. 207) deals with the fundamental princi- 

 ples of money, credit and banking; the second (pp. 208-507) 

 with the banking system of the United States, including full dis- 

 cussion, historical and descriptive, of the Federal Reserve and 

 the Federal Farm Loan systems; the third (pp. 511-809) with 

 domestic banking, covering cash and deposit operations, bank 

 management, administration of departments, and other import- 

 ant branches of the subject. The fourth volume (pp. 810-1080) 

 continues the discussion of domestic banking with complete 

 information concerning earning assets, and the fifth (pp. 1081- 

 1370) gives all the details of the foreign division, comprising 

 foreign exchange, the handling of foreign operations, collections, 

 letters of credit, and miscellaneous departments. 



The book admirably fills the needs of more than one class of 

 people ; First, the student who wishes to know what banking is 

 and how it is done ; second, the employe who desires to perfect 

 himself in his subject and secure promotion; third, the banker 

 of experience who will use the book for reference and latest 

 methods; fourth, the' teacher who could find no better text book 

 in so wide a field ; . fifth, every inquiring mind. 



''Banking, Principles and Practice" provides a compendium 

 of practical information which unites in a single work the many 

 phases of an entire subject. As such, it fills a definite need and 

 does so in a comprehensive and authoritative manner. 



DEAN B. LYMAN. 



4. Civic Science in the Home. Pp. 416. Civic Science in the 



