29 OCTOBER 1927, Page 35

aspects of contemporary American life. The book is written in

German, with a more than German thoroughness, but the style throughout is singularly lucid. Hence it is that we are able to pass easily from political, economic, and religious questions to brief but arresting descriptions of New England and the Middle West. Herr Bonn's observations are always interesting. His is a subtle and analytic mind, and he pos- sesses the rare gift of being able to elucidate in a few pages questions which would seem to require an immense amount of explanation. Chapter II., conveniently named " Pros- perity," deserves to receive close attention, for in it the growth of financial institutions in America is examined in detail, the position of trade being clearly and logically defined. Our only regret is that Herr Bonn breaks off his story so soon.