13 FEBRUARY 1926, Page 29

DIE AUSSERE WIRTSCHAFTSPOLITIK OSTERREICH- IINGARNS - By Dr. Gustav Gratz and

Sektionschef Pro- fessor Dr. Richard Schuller. (Oxford University Press.)

Tins new volume in the Economic and Social History of the World War, which is being published for the Carnegie Endow- ment for International Peace, is a history of the economic policy of the formet Austro-Hungarian Empire during the years 1914-1918. The first section contains the history of the negotiations with Germany for an economic Union. In the second and third sections an account is given of the economic aspect of the Treaties of Brest-Litovsk and Bucharest with Russia and Rumania respectively ; and in the fourth and final section the authors discuss the financial side of the Polish Question during the War. The book is exceedingly well— and even entertainingly—written, and the authors have a first- hand knowledge of their subject, for they represented their country in all the negotiations recorded.