The Carnegie Endowment publishes through the Clarendon Press a volume
containing the first two of a series of Preliminary Viinomic Studies of the War, edited by Professor Kinley (4s. 6d. net). Mr. Adam Shortt describes the effects of the war upon Nita& in a very hopeful strain. Nine-tenths of Canada's exports went to Great Britain or the United States, and nearly as large a proportion of her imports came from those two countries, so that the cessation of the trade with Germany made little difference to her. Moreover, the war relieved unemployment, caused an immense demand for all Canadian products, and brought new industries into being. Professor Rowe's study' of the effects of the war on Chile is different in tone. Chile, though the most pro-German State in South America, suffered severely at first from the war which Germany provoked. The nitrate industry stopped dead. " Not only were Govern- ment finances seriously impaired, but almost every branch of industrial life suffered a severe shock." After the fast year, however, the unlimited demand of the Allies for nitrate and copper brought Chile greater prosperity than ever.
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