Business Organization and Combination. By Lewis H. Haney, Professor of
Economics in the University of Texas. (Macmillan and Co. 8s. 6d. net.)—In this exceedingly interesting book Professor Haney gives a concise analysis of the existing conditions of business organization in the United States. He shows the factors that have produced and tend to increase the size and scope of business combinations and gives a description of all the known forms of combination— partnership, company, simple trust, simple agreement between traders, pooling agreement, combination trusts, the holding company system and its logical sequel, amalgamation. He shows the evils which result from combination, and puts forward various suggestions for amendment, laying great stress on the need for a new form to come between the too personal partner- ship and the too impersonal corporation. His book should be read by all who wish to acquire a thorough understanding of modern industrial conditions.
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