THE FINANCIAL LIBRARY
FOREIGN EXCHANGE.
A VOLUME which will appeal both to the practical banker and the financial student is a volume entitled The Foreign -Exchange Market, by H. F. R. Miller, published by Edward Arnold & Co. It might be thought that the number of recent books on the working of the Foreign Exchanges had almost outgrown their usefulness, but I think that this latest work by Mr. Miller furnishes evidence to the contrary. In his preface the author says : It- is hoped -that-this little-book will assist the financial student, and enable' the -nierehant concerned with international trade to visualise that nebulous place, the Foreign Exchange Market." This sentence strikes the keynote as regards the 'Style of the work. In other words, it is manifestly written by some- one with a thorough, practical knowledge of the daily operations in foreign exchange,' and with :sUfficient imagination to " visnalim " the mind of the student, who, without the opportunity of such practical know- ledge, desires nevertheless to comprehand not merely the general principles and theories, but the actual working of the Foreign Exchanges, and their practical relation to the business of the country.
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