14 JANUARY 1928, Page 29

THE RESTORATION OF EUROPEAN CURRENCIES. By D T.. Jack. (14.

S. King. 10s. 6d.)-Mr.,-Jack, a well- known Scottish economist, has done a very useful thing in colleeting and presenting the main facts with regard to the restoration of the currency in Great Britain and the several European countries. He discusses the general problem in an introduction and the results so far attained in a final -chapter. Since lie wrote, Italy has returned to a gold exchange standard with a much devaforized lira, and it looks as if France, now importing large amounts of gold from New York, is going to follow in the same 'direction, perhaps in the very near future. The significance of these moves will be better understood by the careful reader of 5fr. Jack's book, which is commendably informing rather than controversial.