ch may
be understood and appreciated by any one of common school
education. We therefore give his work a hearty commendation, and
we hope that every carpenter and builder may be induced to
analyze the stresses which affect the different parts of
structures, which he can readily do by carefully reading this
volume.
THE HUB: a Journal devoted to the Carriage Building Trades. Published
monthly. Subscription price, $3.00 a year. New York city: The Hub
Publishing Company, 323 Pearl street.
This journal is widely known for its accurate and extended
information as to carriage building, trimming, lining, painting,
etc.; and since its first issue it has maintained its
reputation, and given the public an immense amount of
instruction in a spirited and practical manner. The
illustrations and typography are excellent, and every number
shows how extended an area it serves as an authority on the
important industry to which it is devoted.
ASSIGNATS AND MANDATS: the Money and the Finances of the French
Revolution of 1789. By Stephen D. Dillaye. Price, free by mail, 30
cents. Philadelphia, Pa.: Henry Carey Baird & Co., 810 Walnut street.
Mr. Dillaye differs with the Hon. A.D. White, President of
Cornell University, as to the relative merits of money and
promises to pay money; and he begins with the assertion that the
President's "object is to depreciate American credit, stability,
and honor." Further perusal, to ascertain the meaning of this
attack on a patriotic and useful member of society, shows us
what Mr. Dillaye thinks he means. He talks of credit being the
vital element of national power; and from this he argues that
the more "credit" a nation has--that is, the deeper it is in
debt--the more powerful it becomes. In short, he confuses credit
as opposed to discredit with credit as opposed to cash--a
grievous blunder, surely. A nation's credit is like a
merchant's; it becomes greater only as his debts become smaller;
and people trust a government for the same reason as they trust
an individual, mainly because every previous obligation has been
honorably observed. It is gratifying to know that persons of Mr.
Dillaye's way of thinking are few and unimportant, and their
number is diminishing daily.
CROTON WATER SUPPLY FOR THE CITY OF NEW YORK: an Address by George B.
Butler to the New York M
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