The Round Table (Macmillan, bs. net) becomes more and more
indispensable to the serious student of politics, and we are glad te know that it is gaining new readers in the United States as well as in Great Britain and the Dominions. The December mine contains several noteworthy articles. "The British Commonwealth of Nations in 1921" is a cautious plea for some (loser form of co-operation. An American contributor, writing
" The Passing of Woodrow Wilson," assures us that "the principle of the League still holds a fast grip on the majority of Americans," if they can find a leader who believes in the League. There is a valuable article on "The International Financial Conference at Brussels and its Lessons " ; it closes with an appeal to the Labour leaders to face the facts and recognize that strikes only make matters worse for all of us and that Europe cannot afford, for the present at least, to run the risks involved in the nationalization of industries whieh must mean still greater expenditure, more inflation of the currency, and a higher cost of living. Other articles deal with Egypt, the Japanese Alliance, Eastern Europe, and our domestic problems. Two native Indian correspondents send opposing estimates of the confused situation in India. The usual quar- terly letters from the Dominions are specially interesting at this time.
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