New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-12-24
NEW PUBLICATIONS


CIRCULATING CAPITAL; Being an inquiry into tne
ffSndamental Laws OF Money. Az Essay by An EASY
HcoSonie justice" l2mO. Up 40 scrbner q
Wsiord
The number of people who feel called upon
inst now to "controvert the theories upon
witch the reasoning of the economists Oh tno
resent century is founded appears TO DC ptlii-
iriy large. This East India Merchant t Is
another Of those sef-anOnted prophe'sf T tho
present century and their theories 'l AN, III
las pronounced all the, conclusions o,"Tn
from them to be false and preposterou: IN Ia
this country we have one person "hV Is .il0
canal of the East India Merchant IN selI-saus-
fed concoit 1t is needless to ADD ms halIc IS
". G.. Sumner But the East India MerchAht
greatly surpasscs Mr.. Sumner IN one thiie no
las sufficient originality to 0iler plan LOT TO
forming the British currency III IS NOT oI'ol lo.
form. to be sure and the changes he proposes
Tonld he altogether backward, from sense TO
nonsense But it is original and IN the bound
less conccit Of the author that is enough
This man looks upon economic writers wiz
have achieved distinction, Just as ProIe $50
Sumner does, with a feeling of Indignation thdt
such shallow creatures still impose upon q iaI ~
over whom the glorious ILLUMINATION OF NE
intellect has arisen. James Mi p;ol mo wos
nounces "a literary adventTer; hlcdluo was
too ignorant a man to give any very system,
attic arrangement to his shallow theoiHs
Saw nistOOk the word usuIy for utility MAI
a
"turncd science into what st. Paul warned
Timothy against, 'prOianc and vain babDllng:
and opposition Of science falsely sO-calied'
Adam Smith he cOnceves TO have been az
inspiTcd person, and nevertheless even he
was at times, perhaps little too regardless
If exact arrangement An attempt to peruse
an East India Merchants book leads to the
suspicion that he may at some points oe III lIe
right But he is so muddy, Ootn III thouSht
and in expression, that one cannot be sure, ana
his egOtSin Is so offensive and repellent that one
would really rather 90 without truth imam De
indebted to him for 1t. ,
An appendix on silver coinage IN the Umtcd
States may be Judged from single sentence
II may be safely asserted. therefore, that II ~
impossible for the United states, with theI G1-
randing commerce and liquidation OF their debt,
10 coin too much silver This country docs not
lack profound economists and statesmen, WHO
have more than the wisdom OF tins writer, WHO
express all his stupid errors IN vastly clearer
and more forcible language, and who are never
know more than all the economists of the cen
tury But if anybody, wants to see how the
worst American follies of opinion appear III
more muddy English than any American uses
he is advised to read " Circulating Capital -
as far as he can.
TIE NORTHEASTERN REPORTER Vol Con. Con-,
raining st the Current Decisions OF the supreme
Caurts Of Maosachnsetts one lnai I limos; ana
Ger IS. 1880. West Publishing Company
Themultiplcation of law reports is coming 20
no e grave complaint the part of lawyers
The volume If litigation increases rapidly every ycarno
aope in the states OF gtca commercial mI orance Ike
York but also in tho West Tic number Of volumes
Of iudcal opiuous turned annually in most Of these
states is discouraeDg to the cnterprsng lawyer who
feels it necessary keep himself informed as to their
general character But 10 do more than follow the cur
ut decisions Of the highest of each State outside
Of his oHD would be next to impossible. To make even
those Of distinct value to him. he must have access 10
tAcn as soon as possible after they arc rendered.
The Publishers OF The Northeastern Reporter seem to be
,,Geayornc to leet this need The enterprise IS large
one aud fl successful ought to prove Of value to tie
legal profession The Northeastern Reporter ia only one
If six simila; publications. That and Tic Atlantic Re-
porter together publish the opinions Of the courts OF last
rsso-t in al OF the Eastern and Middle states they are
rendered each week. The Northeastern Rcport,r and
Pacific reporter csycr tho highest courts Of Western
States in the manner, while The FtdcrH Reporter
AMI Supreme court EJoricr publish weekly all the DO
ois0n OF the United states Courts Three moro weekly
publications soon TO be issued by the same house will
extend Southern States aud complete the record
OF the highest courts Of the country.
Tho work upon first volIms OF The Northeastern Re
porter now completed IS carefully done. The head
notes arc terse and clear accurately divided into
a. many divisions as there separate subjects treated
n the opinion with appropriate catch words or heading
toeaeh subdivision The index is unusually full and Is
h reality thorough digest OF the subjects covered by
thts volume.