Page:Indian Journal of Economics Volume 2.djvu/446

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oP BooKs uses the !and my ?nsbly It is his own eoneern if on so small & plot of profits. 8inee so tony uneoonomie holdings person8 rsthe? than he required to pay the tax. he ohoossa to 80 his oultiv?tion land that he eannot live on the do ohoose to oultiv?te ruler&re permanently to oitiss, the only result of abolishing or reiluoing the !an(! tax on small holdings wou18 he tlmt the law of in- her/t&nee requiring equal div?mion of .the holding could operate still further, and the holdings would become still smaller, whilst the 8rate woul(! loss its revenue. We give these oritioisms, not with & wish to depree? Professor Ksle'8 work, but rather because we hold it to be of the highest national impertanee that & book whioh will he deservedly widely read, and is likely to be regarded by all edueated India? for many year8 to oome as the 8tan- dar? book on the eoonomie8 of tbeir oountry, should be serppulously soourste in its statements. This appesm ?o he of especial imperr&nee in regard to the type of subjects to which we b&ve rsferre(l, which might so easily become burning pelitieal questions. H poHtieal perties base their peliey on & false eoneeption of facts, it will in(leed go /11 with seN-government in India. Professor Kale bas, indeed, prowl(led & gig&uric task for the whole body of eoonomists in India to undertake. He bas presented us ?ith dear and ooneise statements of the ourrent theories &n(! aeoept? opinions on almost every question of eoonomio intermi. To prove his statements right or wrong, to assess the exact degree of 'truth in them, and to find out the whole truth reg?g the vaa*ious sub?eets, taken etutpter by ohspier, and section by section, might. well he the task of all eoonomists in India for the next ten years or more. We look forward with pleasurable &ntieipstion to sueosssive editions of Professor Kale's work, revised from time to time in the light of the results of these researches. H. 8. Jsvoss Tow? Pla?ing Towv?rd, s 6'it? D?v?lopm?t?. A Eaport to ?hs Durbsr of In(lots, by PAT?OK (}E?DES. Psa? I. In(lots: Holk&r 8?&?s Prsss. 1918. pp. xvii, ?)$, sa(! 8 fol&d pl&ns. During ?hs pss? four yesrs Profsssor (]?(!ss hss rspsrt?l on a seore of Indian cities, an(! he oaane to the stu(!y of Indore with & ripe and unequalle(l experienos. His bold