Evening star., 1933-06-11

the evil that men do lives after them & the
good too I suppose. don't know anything
about my great-grand Mother, & my great
grand children ever have any. viii know
equally little about me; it makes one feel what
a mere atom one Is in the Universe" Her
schooling did not last long. for she was obliged
to go to Florida, then to Europe, for her health.
Much Of the diary is written in New York, often
at the Breevort House; in Florida, and in
Earope. The authors of the introduction think
that "foF the discerning reader there Is in her
work possible indication that with Julia New
berry mute, inglorious Jane Austen died.
THE DEVELOPMENT OF ECONOMICS. BY
william A. Scott, Pm. D., LII. d. New York:
The Century Co.
nR SCOTT, emeritus professor Of economics
- In the University of Wisconsin, in writing
this volume for the series of Century Studies
In Economics, under the eSitorship Of william
H. Kiekhofer, traces from their remote sources
two currents which have blended in the modern
science Of economies. One source Is to be
found In the ancient philosophers and the other
in the men Of affairs, or business men, through
cut the ages. Aristotle Plato, the Stoics, the
EpicureAns, the Roman iurists and the medieval
Schoodnaen were followed In their PHILOSOPHERS
Of economic trend by the modern philosophers
Rlfendorf, Grotius, Hobbies, Locke, Hume and
Hntchesm, teacher of Adam Smith. The busi-
ness current Of thought Is not so easy to trace,
probably because 1t was less conscious, less
given to self-expression. It consists Of the
observations and thinking of business men,
Legislators and other people connected with gov
ernment," which from the sixteenth century on
have Increased in volume and insistence. Adam
Smith is usually considered the father Of mod
ern economies and his Wealth Of Nations"
published IN 1T76, its text book. His keynote
is that labor is the source Of the wealth of
x9--
depend upon the skill and Judgment with which
laber il applied economic planning?) and the
proportion between these employed in useful
labor and those not 50 employed. David RI
cardo, Dutch Jew born in London in 1778
in his Principles Of Political Economy and
Taxation," carried on the new science of eco
nounics with theories Of dfstrihutien, value
rent and wages. John Stuart Mil reasoned
stfn further about production, distribution and
exchange. Efom these beginnings. theories
have followed theories and some theories have
overturned others. or seem in process Of doing
20 Ut the present time. DIR. Scott writes the
HISTORY a ti1is development in economic history
and thsory in . well organized and scholarly
wey. Hl8 dtsCussion of the Physiocrats, the
school founded By Miraheau and ouesnay, about
the mi<d1e Of the eighteenth century, with their
eight causes of maladjustment in expenditure
and the consequent decadence Of nations,
awakens faint reeolleetions Of modern eco
gested BY the PhysiocratS.
ALI. SOULS NIGHT Book Of Stories. BY
Hugh Walpole. Garden City: Doubleday,
Doran d Co.
n HOSTS and sentiment pervade these stories,
~ written in the whimsical, wistful man
ner which is one Of Mr.. Walpoles styles. The
setting Of some is the North Country of the
E,uJ;ah olo vpI,i he Iouou wall
and has chosen for his home through part of
the year. Others are set IN Cornwall, scene of
his double distilled tale of horror, Portrait of
Man With Red Hair" London provides the
background for three; the cathedral town of
Polchester, already very familiar to Mr. WAL
poles readers for two, and Spain for three
Since the deaths of Arnold Bennett and John
Galsworthy, Hugh Walpele is probably adjudged
By wide public of readers and critics Eng
lands leading living novelist. If versatility be
counted q virtue IN writer of fiction, then
Mr.. Walpole has few equals among his con-
temporaries. He follows no deeply dug single
track. He is thorough realist a master in
anaIyzing human character and emotion; but
he Is also an idealist, with perception Of the
spiritual and symbolicaI values in both thought
and action. He goes even beyond this and has
q vision of the possibility Of mystical reality
beyond ordinary sense discernment; hence his
delicate ghosts He also possesses dramatic
realization of terror situations the potentiality
for which exists in the environment of every
one and he indubitably enjoys creating such
situations in his fiction.
OF the tales in this volume all excellent
pieces of craftsmanship and most of them ade-
quate IN theme and interest, it is dificult to
select one as the most perfect, but The Silver
Mask produces the most profound impression.
It Is masterpiece of progressive horror, re-
calling Mr.. Walpoles novel The Old Ladies'"
with beautiful but terrible silver mask taking
the place of the amber ornament in the novel.
''Tarnhelm" is a story of magic, OF man into