Money, Prices, Credit, and Banking.

This article presents information about books related to money, prices, credit and banking. The book "Banking and Credit. A Textbook for Colleges and Schools of Business Administration," by Davis R. Dewey and Martin J. Shugrue is designed primarily to enable business men to understand their relations with banks and bankers. As the only comprehensive history that has appeared of Chilean money and banking, Guillermo Subercaseaux in his book "El Sistema Monetario i la Organizacion Bancaria de Chile" supplies a real need in economic literature. Of considerable interest to economists of every hue is Subercaseauxs attitude towards the "pure theorist" and his ascription, with some asperity, of the eventual appearance of inconvertible paper in Chile to the undermining of the practical good sense and conservatism of the earlier statesmen by the introduction from Europe. The later portions of the book deal with the attempt to resume the gold standard in 1895 and its breakdown in 1898 and the numerous subsequent monetary laws and proposals for reform.