The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-11-26
Notices Of New Books

Notices Of New Books.
BOOKS RECEIVED TO NOVEMBER Al.
Young America in Wall street BY George Francis
Train. Derby jackson.
History Of Peter the Great Appleton a. Co.
Children's Holidays. Appleton Go.
A Place for Everything. Appleton a Co.
George Ready, or How to Live Tor Others Apple
ton 4 Co.
Tales Of the Munster Festivals Sadlier's edition.
Mrs. Hale's Receipts for the Million.
The Giant and the Savour-Spurgeon.
Surgeons Fast Day Sermons.
The Canada Directory for ls57-5s.
The Kingston Directory for ls57-'ss.
PERIODICALS.
Brownson's Quarterly Review.
Harper's Magazine for November.
The Knickerbocker, do.
You've AMERICA IN WALL STREET. by GEORGE
FRANCIS TRAIN. Derby h jackson.
As William Pitt was minister at twenty-five,
Mr. Train fairly assumes the right Of Young Ameri-
ca to have voice in all the political and financial
controversies of the day. As fair type of the
intelligence of our youthful nationality are far
from being disposed to dispute the validity Of Mr..
Trains pretensons rs public instructor. In his
letters from China and India he has shown himself
an accurate and close observer. The experience
that he has gained abroad undoubtedly qualities him
to offer opinion upon the condition of his own
country. He is competent, at least, to Judge Of it
by comparison
Mr.. Train thinks that our present financial
troubles are the results Of too rapid and incon-
siderate progression. There can hardly be two
opinions on that point. The conclusion has long
been established in most mems minds. All that
there was any question about was the precise de-
gree in which we had exceeded safe and healthy
progress and this Mr.. Train undertakes to show us
in his work. He does this by contrast with the
commercial and industrial status of other countries;
but he does something more. He proves that all
over the world expansion has been the order of the
day. Our misfortune is, that, not satisfied
with the rapid pace of our contemporaries we have
never rested until we have distanced them all.
Hence we have to pay the first and severest penalties
of the general imprudence.
It will be said that in this view there is nothing
mountaineering that we did not know before 1t
is not from the intrinsic value Of lesson but from
the manner in which it is presented, that the mind
derives benefit Inculcated at the right season, and
supported by long chain Of historical evidence as
well as by the impressive examples furnished by our
present troubles the influence of work of this sert
cannot but prove highly salutary and instructive.
It is curious that the style of Mr.. Trains book
should in itself parake largely of the characteristics
which have led us into the mistakes that he points
out. 1t is thoroughly American far as its rapdity
and appreciative quickness are concerned. The
mind Of the writer jumps to conclusions rather than
arrives at them through the usual inductive pro-
cesses; and it is astonishing how generally sound,
how generally forcible are the deductions
thus reached. It seems az if the intuitive
faculties were with him stronger than the
reasoning ones. The effect is of course to enhance
the interest and readableness q the book The
style would in itself be amusing, even if the matter
were less valuable than it is, quality which will
contribute greatly to its popularity. As specimen
of this velocity of method, we win just quote one
sentence descriptive Of the late panic:-
New York was the locomotive of these United
States; Wall street was the steam; twenty miles
-thirty-forty-and we were ambitious to
make it fifty, when Bennett said, Look out for the
engine while the bell rings" Stop her ease her !!
half speed and off the walk she went, smashing
cars killing passengers and creating almost univer'
sal calamity.
A book like this has much better chance of being
read and digested by our fast men of Wall street
han homiIy on our social extravagances by Parson
Cheever. Figures of rhetoric are all very well in
tleH way but uaiu iaSe' oiS WIG ohy SuiAShey
likely to meet attention at the present moment
THE CANADA DIRECTORY FOR 1888. John To-
veil, Montreal.
This II most valuable and comprehensive publ
cation, and will be indispensable in every counting
house having connections with the Canadas. II is
accurately described in the preface as directory
for the man of business and q guide book for the
man of pleasure an index for the immigrant, and
an instructor for the settler gazetteer for the
student, and army list for the militia officer (;
while for the statesmen and Others connected with
official life il is statistical chronicle of the progress
of the country in all departments of enterprise"
Every city, town village and hamlet in the province
finds place in the work. and their locality popula
tion peculiar features and principal inhabitants pro-
fessional and business men, described and re-
corded Alphabetical directions are also given Of
banks benevolent and religious societies, clergy of
all denominations, crown land agents, custom houses
and officers of customs, governmental departments
and employees, militia, newspapers and periodicals,
ports Of entry, registrars, post office department,
post Offices and postmastcrs with statements of i'm
ports and exports provincial debt revenue expendi-
ture revenue from canals, trade, population school
acts tariff Of customs, &C., and railway and steam
boat routes throughout Canada.
Oar Albany Corrsspondenes.