26 JANUARY 1907, Page 10

BANKING AND NEGOTIABLE INSTRUMENTS.

Banking and Negotiable Instruments : a Manual of Practical Lau,. By Frank Tillyard, M.A. Second Edition, Revised and Enlarged. (A. and C. Black. 6s. net.)—The subject-matter of this volume is too technical for any detailed notice in these columns, "The object of this small book is to deal concisely and simply with the practical legal questions which arise in the course of a banker's business," and in order to extend its useful- ness to lawyers the name of the principal or best authority for each proposition laid down in the text is added. The intro- ductory chapters are of wider interest. The attitude of the economist towards the instruments of credit is undecided, as witness Mr. Lawson's remarks above quoted ; the jurist, on the other hand, has for long been accustomed to deal with these incorporeal representatives of wealth. A study of the question from the legal point of view is necessary for the economist whose business it is to bring the machinery of credit within the purview of his science. Mr. Tillyard's book seems to us well suited for this, and for the more explicit purpose for which it is written.