21 JULY 1923, Page 21

ECONOMICS.

Currency and Credit Before and Since 1914. By Hubert Blake. (Effingham Wilson. 2s. 6d. net.)

All new technical books must justify their existence by expressing some fresh idea or by presenting familiar facts in such a way as to fill a definite public want. Mr. Blake's work fulfils the second of these conditions, for it is a model of condensation, containing within its ninety-one pages a lucid (Continued on page 94.) and concise account of the outstanding features of pre-War financial conditions in this country and a reference to the fundamental changes which have resulted from the War. This little book is thus equally useful as a textbook for the student and as a means of refreshing the memory of the practical financier.