Reviews of Books leave him to his fate, for the business is found to be permeated with this spirit from cellar to garret." Panama Canal. "An Answer to the Panama Canal Critics." By William Howard Taft. American Magazine, v. 33, p. 3 (May). "The criticisms of gentlemen who predicate all their arguments on theory and not upon practical tests, who institute comparisons be tween the present type of canal and the sealevel type of 300 to 600 feet in width that never has been or 'will be on sea or land,' cannot disturb the even tenor of those charged with the responsibity of constructing the canal, and will only continue to afford to persons who do not understand the situa tion ... an unfounded sensation of regret and alarm that the Government is pursuing a foolish and senseless course. Meantime the canal will be built and completed on or before
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the first of January, 1915, and those who are now its severest critics will be glad to have their authorship of recent articles forgotten." Stock Speculation. "The Cost of the Wall Street Game." By Frederick Upham Adams. Everybody's, v. 20, p. 639 (May.). "The approximate annual cost of the speculative game to those who patronize brokers and commission men in the United States is thus indicated in this recapitula tion:— Operating Expenses of Specula tive Firms $100,000,000 Profits to such Firms from Com missions paid by Customers. . 40,000,000 Paid by Customers to Banks on Interest Account 40,000,000 Cost of the Game
$180,000,000
Reviews of Books JOYCE ON INJUNCTIONS A Treatise on the Law Relating to Injunctions. By Howard C. Joyce, of New York City. Matthew Bender & Co., Albany. 3 v., pp. xlvii, 2075 + table of cases and index 308. ($16.50 net.) THE author of this extended work has provided an up-to-date treatise of great practical utility. The lawyer who wishes to ascertain under what circumstances an in junction will lie, and how to obtain it, in any part of the United States, in a labor dispute or question of unlawful restraint of trade, to say nothing of cases under the law of patents, copyrights, municipal corporations, or rail roads, will be able to find quickly the informa tion that he needs. This work gives the latest information on especially live subjects of the day, such as strikes and boycotts and combinations and contracts in restraint of trade. State and municipal regulation of rates, the revocation of licenses and franchises, and the powers and duties of police officers have been considered at length. Jurisdiction, dissolution of injunc tions, bonds, and all the technicalities of procedure receive adequate and extended treatment. The author has arranged his treatise in successive sections headed by bold type numbered up to 1416, and has classified his matter in chapters easily apprehended by means of his table of contents. He has done his work in a thorough manner evincing a painstaking study of cases in all jurisdictions,
and the scope of his researches is sufficiently indicated by the fact that his table of cases contains upwards of 10,000 different citations. We know of no work dealing with the subject of injunctions so complete, so up-to-date, so fully elaborated, and so likely to satisfy every practical need. Our only criticism of this important work is that instead of being strictly a treatise on injunctions, it is really one on the law of such subjects as trademarks, copyrights, trusts, nuisances, corporations, etc., examined from the point of view of equity jurisdiction. The author has not seized an opportunity to assist in rendering our jurisprudence more uniform and systematic. But if his work is not notable as a contribution to legal science, it may nevertheless be considered a notable and im portant aid to legal practice. THE LAW OF DAMAGES Elements of the Law of Damages. By Arthur George Sedgwick. 2d ed. Little, Brown & Co., Boston. Pp. xxxv, 356 + appendix and index 12. ($3 net.) THIS "handbook for the use of students and practitioners," as it is called in the sub-title, has been revised and enlarged by the addition of matter relating to mental suffering especially as to the bearing upon the questions of its allowance of the doctrine of proximate cause, death by wrongful act, compensation and benefits under eminent
