Evening star., 1934-11-04
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litical, codes, published articles anc
miscellaneous sources. 1t Is val
liable source book for the study ol
current economics.
AN OUTLINE OF THE NEW DEAL
ADMINISTRATION (Pamphlet,
BY Kingman Brewster. Washing
ton, D. c.: Privately printed.
A HANDBOOK prepared by a mcm-
"A Der Of the District Of Columbia
and Massachusetts, Bars tor his own
use as an aid to comprehension OF
the New Deal lrogram, but 1t might
be an equal aid to others.
UNFAIR TRADE PRACTICES. How
to Remove Them. BY Lincoln
Filene. In Collaboration with VIII
liam Leavitt Stoddard. New York:
Harper g. Bros.
MR.. FILENE, Boston merchant,
4'A member Of the industrial Ad-
long time believer in and promoter OF
ethical business practices. His book
deals with unfail practices between
producers and distributors, which add
millions to the waste of competitive
business. Developments unde. N. r.
A. codes can. he holds. reduce this
evil The relations OF the FEEDER al
Trade Commissl IN, trade associations
and the N. r. A. to the problem are
discussed practically and with illustra-
ton.
WITHOUT GLOVES. BY Frank R
Kent. New York: William Nor
row & Co.
MR.. KENT'S views on the New Deal
Avn have been freely expressed in his
newspaper articles, about 40 of which
form this book. They are mt lauda-
tory. in fact they paint a picture of
wild experimentation which has run
away with the eXpermenters. The
subject matter covers the period from
April. 1888, to July, 1894. Mr.. Kent,
whose wit, powers of invective and
general glovelessness are known to
many readers, here calls attention to
the obvious and more subtle dangers
involved in any aUtocrat:c government
whether or not us origin is justified By
an emergency. Ee sees threats to
individual and social freedom in ad-
ministration propaganda, patronage
and self-perpetuating Government
machinery an unbearab!e burden OF
taxation on account of lavish and IN
judicious Federal expenditure, un-
necessary relief machinery and an un-
balanced budget. and. in spite Of taxa
ton, an unsafe ami unprecedented
debt structure. Look At facts, says
Mr.. Kent, instead Of dreaming ever
theories.
ROOSEVELT VERSUS RECOVERY.
BY Ralph Robey. New YORK: Earper
g. Bros.
MR.. ROBEY Of the School of BuSi-
ness of Columbia University
looks at facts, but he also finds con-
siderable fault with the principles of
the New Deal He has no faith in the
theory of Government spending to
restore prosperity. When may the
spending stop and the budget pe bal
anced? Sound money and business
confidence are to Mr. Robey the best
basis for recovery. not experimental
tion with price-raising. Some of his
chapter headings are Alternatives to
Chaos" Substitutes for Utopia, VI
Madness" Waste" stampede. u
"Subterfuge," "Stalemate." His book
is one of the most vigorous, concrete
and analytical criticisms of the New
Deal yet written.
GOVERNMENT EXPERIMENTAL
TION IN BUSINESS. BY War
rem M. Persons, Phi. D. New York
John Wiley & Sons.
THIS is narrative, long and tragic
DR.. Persons thinks. of govern
mental blunders in various excursions
into business. Private business has
It's mistakes, its waste, its abuses, and
the stockholders pay: but when gov
ernment dispenses money wastefully,
too often for political ends, sometimes
accompanied by personal and official
scandals, the taxpayer pays, and pays
again and again. DR.. Persons. for
merly professor Of economics at Har-
ward, reviews the failures of our Fed
eral Government as a business man.
ager, from the attempt Of the new
republic to run fur trading posts in
1896, and the decision in 1922 that
nothing but individual enterprise
individual industry and attention
(waS) equal to such a business, u
down to the multifarious enterprises
Of the New Deal. Important chap
ters are, rs There an Approprist te
Field for the Government IN Busi-
ness?" and Specific Causes of Fail
ure of Ventures of the State and Fed
eral Governments Into Business"
CHALLENGE TO THE NEW DEAL
Edited by Alfred M. Bingham and
Selden Rodman. New York: Tal-
con Press.
THE opinions of IS prominent rad
icals. commencing many Of the
accomplishments Of the New Deal but
pronouncing it failure because it
has not gone far enough. Part 1 de-
scribes the collapse of the economic
system at the close Of the Hoover ad-
ministration, often described before
with differing degrees of shadow, and
what the New Deal is doing about
It," Part II denounces the stupidity
of poverty" and places the blame for