Evening star., 1924-11-02

tOr be recognized as one or the most
valuable books of reference published
by the United States Government
Under Mr.. Durand's administration
this volume Is being very thoroughly
revised. omitting some of the Oldest
figures and showing many In thou
sands rather than carrying them out
to the last digit. In this way, largely
through condensation, while the book
may be slightly smaller, 1t will con-
tain just about so per cent more ma
terial.
As this statistical Abstract" covers
the entire field of National Govern
ment statistics, with a small amount
of material from private sources,
such as the Iron and Steel Institute
and insurance organizations, 1t can
readily be appreciated: nowhere else
can such authoritative and valuable
statistics be found. They represent
the work OF many thousands of per-
sons. Just stop and consider that
the Census Bureau alone had lot, 200
enumerators working on 1920 census
There are more than 1000 permanent
employees of the Government steadily
at work day in and day out upon
these statistics
Then. as companion volume to
THE Statistical Abstract" Mr.. Du-
rand, by the personal direction of
Secretary Hoover, who suggested the
general outline OF the work, has for
the last year and a half been en-
gagged upon the compilation of a
Commerce Year Book" Its purpose
is to review the last year in busi-
ness. with background of compari-
son with recent years and a few land
marks set UP in more remote years
While THE Statistical Abstract" is
all figures, the new Commerce Year
Book" is principally text, pointing
terpreting the tables of figures.
1t presents a concise, readable and
graphic picture of the worlds indus
try and commerce, with special ref
erence to the United States. 1t COM
prises practically everything OF re-
cordable interest about the business
life of the nation and of it's foreign
competitors and customers. 1t has
been characterized by industrial ex-
ecutives, editors, bankers, educators
and other leaders OF economic thought
| as one of the most important contri-
buttons to the photography Of busi-
ness that. has ever been made by any
Government agency.
!: x + i
Representing the combined efforts
Of a large stan of business observ-
| ers and trade experts in all parts of
the world. this handbook of the
worlds business Is intended not only
| as an authentic reference volume Of
| basic facts but as a guide in the study
| of the outstanding problems of trade.
production, price changes and market
| conditions.
The publication of this valuable
| book has been in general charge of a
| committee under the craftsmanship
| of Mr. Durand, and the editorial man
agement of D. ]. Reagan. who is now
| in France as trade commissioner. 1t
| Is thought that the facts contained in
such a work will be of tremendous
| assistance in laying out long-range
programs for the qualification of bus
| mess and industry so as to minimize
the economic losses resulting from
| the recurrent extremes OF the busi-
ness cycle.
AS a still further contribution to
| this statistical library for ready ref
, erence by business men. Mr.. Durand
| is having compiled a foreign statis-
| tical abstract. He has been a steady
| contributor to magazines on statisti-
| cal and economic subjects and is the
| author of several standard works on
these subjects.
Under Mr.. Durand's exceptionally
| we'll qualified administration, the
usually dry as dust" Government
statistics have taken on life and char
acter to inspire the business and in
! duStrial life of the nation.