The record-union., 1896-08-30

The currency question is before the
people of the United States in the guise
of a silver question. This is only one
form of many in which it has appeared
in our history. One party at least, the
Populist, is unanimous in its support of
silver But that party has radical ideas
on currency which are not confined to
silver and which merit the attention of
students and politicians. Vast schemes
for the issue of paper money have been
formed by them. Nor are they wholly
novel, as an interesting paper by DR.. c.
w. Macfarlane, on Colonial Paper Cur
rency in Pennsylvania" amply demon
strates. Publications of the American
Academy of Political and Social Sci
ence Philadelphia.)
Commended as it was, by Adam
Smith, that system merits attention for
its intrinsic qualities, as we'll as for a
close resemblance with projects of the
political party named. DR.. Mactarlane
has made an exhaustive study of the
Legislative and economic history OF the
experiment His monograph contains
the text of the original law and pains
taking original investigation into the
course of prices. In few words the ex-
pertinent consisted in issuing notes
which were loaned to individuals upon
the security of mortgages and OF per-
sonal property, especially plate. inter-
est was paid on the loans annually, TO-
gether with a fixed proportion or the
capital, so that in the course of years,
the debt was gradually extln-
guished. He says that managed on
conservative principles, by officials OF
strict probity, the system gave rise 10
none of the inconveniences which some
would assume to be inevitably con-
nected with it. Adapted as it seemed
to be to the needs of the community,
and not calling forth an increase or cir
culation, for which there was no de-
mand there were no violent revolutions
in prices, as the evidence before US
clearly demonstrates.
Macmillan & Co. have in press a small
volume on The Interpretation OF Liter
ature," by w. H. Crawshaw, A. M, Pro-
fessor of English Literature in Colgate
University. The work emphasizes the
conception of literature as an art, ana
seeks, not to examine it from without,
but to interpret it from within. 1t en-
deavors to outline, briefly but compre-
hensively, a method for such study. IL
is in no sense book of vagarieS, but
presents a logical and sensible method
based on fundamental principles. In
four preliminary chapters, the author
gives an exposition of the nature of lit
erature, it's various classes, its several
elements, both of substance and of
form. The remainder of the book is de-
voted to the several literary types. out
lines for study follow the detailed dis
cussions and in an appendix is given
carefully prepared list of classified mas
terpieces chronologically arranged The
work appeals to teachers, students and
general readers. 1t will be found help
full in connection with reading clubs and
university extension courses, as we'll as
with classes in literature. Its aim is
both theoretical and practical.
Death Valley in 49, is a story Of
California pioneer history by William
Lewis Manly of College Park. 1t is re-
ally his autobiography. and details the
chief events of his life from boyhood in
Vermont to his exciting experiences in
| the gold mines of California. 1t par
ticularly details his sufferings and va
| ried experiences along with band OF
devoted men and women in that SOM
Der section which has by reason of
these experiences taken the name
| Death Valley" The story is simply,
graphically told, and is one that is full
of interest. Published by the Pacific
Tree and Vine Company, San Jose.
-
1t is announced that the publishers of
| the old standard eclectic weekly, Lit
tells Living Age" (Boston), founded by
| E. Littell in 1914 are about to introduce
several new and valuable features in
their magazine. The most important of
these is a monthly supplement, given
without additional cost, which will con-
| tain readings from American maga-
zines, readings from new books, and
also a list of books of the month. 1t is
| also proposed to extend their field by
| giving occasional tranSlations of note
worthy articles from the French, Ger
man, Spanish and Italian reviews and
| magazines. A years subscription to
The Living Age" will then include
more than thirty-five hundred pages,
filled with the best things in current pc
riodical and general literature, and
making four large volumes, for only ST.
| Each of the weekly numbers of the
magazine contains sixty-four pages.
Fiction, travel, essays, biography, poe
| try and a wide range of general discus
sion and information are included in the
contents To new subscribers remitting
before November 1st lin which month
/ fret of
introduced) will be sent gratis the in
tervening weekly issues from date of
payment.
The foot ball rules fer 1896. formula
ted by the Rules Committee of the Uni
versity Athletic Club, and adopted by
Harvard, University Of Pennsylvania,
Princeton, Yale and Cornell, have just
been issued. With this code is restored
once more the old harmony among all
the prominent factions in the foot ball
field of rule makers. The principal
| changes from the double set of rules in
| existence last season are the entire ex-
| cision of the momentum play, the cur
tailment of delays due to 'scrapping'
| i'll the line, the privilege of running or
| heeling after fair catch and the more
careful division of the powers of the
officials. The work, as usual, is edited
by Walter Camp, the foremost author
| ity on foot ball in America, and con-
tains besides, a chapter for beginners,
interesting letters from old-time play
ers attributable to foot ball, interesting
data on the game and portraits of the
| leading college teams and the most
prominent players of nearly every col
lege and athletic CLUB in the United
States American Sports Publishing