1 MAY 1909, Page 23

High LWence. By Frederic W. Tompson. (Macmillan and Co. Is.

net.)—We have always maintained that the State ought to make as much money as it can out of the sale of the liquor- trade monopoly. But the price it demands for the privilege whiob it grants should not be regulated by the covert desire to injure, or, it may be, prohibit, the treats. Mr. Tompsou in this volumo gives criticisms on figures sot forth by Messrs. Rowntroo an`d Sherwell. These criticisms we do not intend to discuss, but we note their publioation.