The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-04-19
x1ruRATuRn.
re VIEW or VIEW BooKa

lated by s. M. Quincy. Published by
Little Brown & Co.
This is a translation from a recent reprint
of II. Schulze Delisch Actuary of the Ger
man Society Union, and it gives the organi-
zation of the peoples banks of Germany,
an abstract of the provisions of the North
German Association law, and the constitu-
tion Of loan society or peoples bank in
accordance Herewith. This little pamphlet
gives in brief the results of the lifelong
labor dedicated by Schulze Delisch to one
of the most beneficial reforms of our day
and generation, the cooperative socie-
ties. and banks of the German working
men. Mr.. Quincy promises us an abridged
translation of the larger work on the
same subject by the same author, but in the
meantime he has prepared this digest of the
laws and summary of the plans that have
worked so we'll in Germany, for the use of
the Legislature of Massachusetts,, and other
bodies, both legislative and private, to enable
them to appreciate the good that has been
done abroad, and to consider the question of
applying the same system at home. The
leading characteristics Of the peoples banks"
and of the cooperative stores," which are
actual ownership and management of the
whole business by the working men them
selves. The capital of the banks consists of
stock contributed by the members, under
conditions which admit of its withdrawal, and
borrowed capital of money left on deposit, the
whole controlled by officers chosen from among
the members themselves. The recognition
of these banks by the Prussian Government,
through suitable legislation, has now been
extended by the German "Bund, or Union,
to all the States included within that great
and growing Government, and with the most
wholesome results. This was brought about
by the united action of the workingmen
themselves, who have completed their own
organization in such way as to leave the
separate t'banks" their individual liberty of
action, while their united strength is of i'm
mense service both in securing mutual con-
troll and common defense, and in solving all
the questions which affect the whole body
and the safety and success of each of its
members.
With the "banks" there have grown up
cooperative stores" to enable its members
to secure advances on their work and to find
in the store place of deposit and of SALE
The guarantee of the maker enables
the store to warrant the goods to
the purchaser, and as the management is
in the hands of practical workmen, their
examination is an incentive for the manufac-
turer and security for the consumer. The
members of the cooperative stores and of
the peoples banks are nearly always largely
the same, so that they are able to participate
in the profits and advantages offered by both
institutions, and the workingman who can
get advances from the bank is enabled to
pay them off promptly with the proceeds of
his work deposited in the store. The best
chapter in Mr.. Samuelson's German Work
ingman" is that devoted to this subject, and
Mr. Quincy's account of the plan of detail
working is likely to be very useful in suggest
ing similar enterprises here, where the work
ingmen are ready and able to avail them
selves of that large freedom of action which
has hitherto taken SO many less useful direc-
tions with that powerful lever ''sef-help."
From the National Publishing Company,
No 26 South Seventh street, We have received
''Paris by Sunlight and Gaslight, by James
ID. McCabe, Jr. This is very complete his
torical and descriptive account of Paris, and
although it contains nothing very original or
novel, it can be commended as a readable
work on the subject of which it treats, and as
likely to give better idea of the various in
teresting features of Paris than some works
of greater literary merit Mr.. McCabe goes
over his ground very thoroughly, and he does
not hesitate to quote freely from nearly all
the writers who have ever taken Paris for a
theme This system of liberal padding GER
tainly makes the book more interesting than it
would perhaps otherwise be, but it is GER
tainly not practice to be commended. For
those who intend visiting the French
capital this will be an excellent guide
book, as the various objects of interest are
described in detail with such historical COM
ments as will be appreciated by tourists,
while to those who stay at home it will pro-
badly give better idea of Paris than can be
gathered from any other source. The illus
trations are numerous and will convey an ex.
celent idea of the appearance of the princi
pal streets, public buildings, and the various
interesting sights of Paris. This is designed
to be popular book, and it is to be judged
rather by it's adaptability to popular tastes
than its literary merit. The author was {
resident of Paris for some years, and h
writes with perfect knowledge OF all it
ins and outs, and the book Is calculated t.
please an extensive circle of readers 'Pari
n. Gx,nl;ohf apd GooIi0htu will ha sold Onl