railway construction, in turn would make the latent wealth of these and others available. This policy having been abandoned, the only alternative is for the government to furnish the transportation. Without railways the land is valueless; with them it becomes an asset of importance. It was probably these more purely commercial considerations, as much as the opportunity to furnish a new field of activity to our people, that led to the enactment of the law providing for government railroads in Alaska. A further argument lies in the general acceptance of the principle of leasing the mineral fuels in the public lands rather than selling them. A government railroad is almost a necessary corollary of leasing mineral lands in an undeveloped field. To turn to the act itself. It provides, essentially, for a railroad or railroads in Alaska, not exceeding 1,000 miles, to connect open ports on the Pacific with the inland waterways, and coal fields over such route or routes as the President may choose. The proposed railroad or railroads may be leased for a term not exceeding twenty years, or may be operated by the government as common carriers. Existing railroads that connect with the proposed line may be either purchased by condemnation, at a price not exceeding their actual physical value, or traffic agreements may be made with such lines. Unlimited authority is given the President as to the organization of the work. He may detail officers from the Engineer Corps of the Army or Navy to the work, or carry it on solely by civilians. The Panama Canal equipment may be utilized so far as is desirable. Provision is made for reserving rights of way through all lands to which patents are in future granted. The President is also authorized to withdraw and dispose of, under such methods as he may see fit, lands useful for town sites along the routes of the railroads. The cost is not to exceed $35,000,000, and $1,000,000 is appropriated to begin the work. A separate account is to be kept in the Treasury of all receipts from the proposed railroads as well as of sale of public lands and minerals. 1 An act to authorize the President of the United States to locate, construct, and operate railroads in Alaska, and for other purposes; approved March 12, 1914. Congress has recognized by the wording of this act that if the government is to enter upon the new field of railway construction and operation, there can be no hope of success unless the details of working out the plan of organization and execution is left to the Executive. The plan of making the latent wealth of this great territory available to the people is one of broad statesmanship. The act itself leaves little to be desired. ALFRED H. BROOKS. U. S. GEOLOGICAL SURVEY, WASHINGTON, D. C. BOOKS RECEIVED American Year Book, 1913. Wickware, F. G. (Editor). New York: D. Appleton & Co. 1914. pp. 892. Barbour, David. The Influence of the Gold Supply on Prices and Profits. London: Macmillan. 1914. pp. 104. $1.25. Beard, Charles A. Contemporary American History, 1877-1913. New York: Macmillan. 1914. pp. 397. $1.50. Berlin, Ältesten der Kaufmannschaft. Jahrbuch für Handel und Industrie, 1913. Band II. Berlin: Georg Reimer. 1914. pp. 608. Best, Harry. The Deaf. New York: Thomas Y. Crowell Co. pp. 340. $2.00. 1914. Booth, Charles. Industrial Unrest and Trade Union Policy. London: Macmillan. 1914. pp. 32. $.10. Briey, R. de. Essai sur l'association du capital et du travail par l'actionnariat ouvrier. Paris: Marcel Rivière. 1914. pp. 96. 2 fr. 50. Canada, Commission of Industrial Training and Technical Education. Report, 1913. Parts I and II, III and IV. Ottawa: C. H. Parmelee. 1914. pp. 2353. Canadian Institute. Transactions. 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Cambridge: University Press. 1914. pp. 282. Jones, Robert. The Nature and First Principle of Taxation. minster: P. S. King & Son. 1914. pp. 299. 78. 6. Kales, A. M. Unpopular Government in the United States. Chicago: University of Chicago Press. 1914. pp. 263. $1.50. West Kirkbride, F. B., and Sterrett, J. E. The Modern Trust Company: Its Functions and Organization. New York: Macmillan. - Revised.) pp. 319. $2.50. (Fourth Edition Laidler, Harry W. Legal Aspects. $2.00. 1914. Boycotts and the Labor Struggle, Economic and Landry, A., and Nogaro, B. La crise des finances publiques en France, en Angleterre, en Allemagne. Paris: Félix Alcan. 1914. pp. 264. 3 fr. 50. La Salle Extension University. Chicago: La Salle Extension University. 1914. McCain, C. C., and Shelton, W. A. Freight Rates (in four parts); pp. 295. Lingo, C. L. Agnew, W. N. Bases for Freight Charges; pp. 62. The Industrial Traffic Department. Lloyd, G. I. H. The Cutlery Trades: An Historical Essay in the Economics of Small-Scale Production. London: Longmans, Green & Co. 1914. pp. 493. $3.50. Loria, Achille. The Economic Synthesis: A Study of the Laws of Income. New York: Macmillan. 1914. pp. 368. $3.00. (Translated by M. Eden Paul.) Marcillac, Marquis de. Les syndicats agricoles. Paris: J. Gabalda. 1914. pp. 264. 2 fr. Mathews, Frederic. Taxation and the Distribution of Wealth. Garden City: Doubleday, Page & Co. 1914. pp. 680. $2.50. Mavor, James. Applied Economics. New York: Alexander Hamilton 1914. pp. 487. (Modern Business, Canadian Edi Institute. tion, Vol. I.) Mitchell, John. The Wage Earner. Washington: P. S. Ridsdale. 1914. pp. 186. $1.00. Morley, John. Notes on Politics and History: A University Address. New York: Macmillan. 1914. pp. 201. $1.00. Moses, Robert. The Civil Service of Great Britain. New York: Longmans, Green & Co. 1914. pp. 321. $2.00. (Columbia University Studies, Vol. LVII, No. 1.) N. Y. Department of Labor. Annual Report of Bureau of Labor Statistics, 1912. Albany: State Department of Labor. 1914. pp. 603. Digest of the New York Workmen's Compensation Law. Albany. J. B. Lyon Co. (Series on Workmen's 1914. pp. 21. Insurance, No. 1.) N. Y. Department of Labor. Idleness of Organized Wage Earners in 1913. Albany: J. B. Lyon Co. 1914. pp. 53. (Series on Unemployment, No. 2.) Statistics of Trade Unions in 1913. Albany: J. B. Lyon Co. 1914. pp. 145. Oppenheimer, Franz. The State: Its History and Development Viewed Sociologically. 1914. pp. 302. $1.25. (Translated by John M. Gitterman.) Post, Louis F. Trusts, Good and Bad. Chicago: The Public. 1914. pp. 54. (Reprint of Part Four of the author's "Ethics of De mocracy," 1903.) Ricci, Umberto. Il Capitale. Torino: Fratelli Bocca. 1914. pp. 264. Lire 6.00. Reddito e Imposta. Rome: Athenaeum. 1914. pp. 79. Salin, Edgar. Die wirtschaftliche Entwicklung von Alaska (und Yukon Territory). Tübingen: J. C. B. Mohr (Paul Siebeck). 1914. pp. 226. M. 6. (Ergänzungscheft XII zum Archiv für Sozial wissenschaft und Sozialpolitik.) Schelle, G. (Editor). Oeuvres de Turgot et documents le concernant. Paris: Félix Alcan. 1914. pp. 718. 12 fr. Sowers, Don C. The Financial History of New York State from 1789 to 1912. New York: Longmans, Green & Co. 1914. pp. 346. $2.50. (Columbia University Studies, Vol. LVII, No. 2.) Stefani, Alberto de. Velocità e Giacenze delle Monete (two papers).· L'ofelimità del Denaro. Venice: 1914. pp. 56. (Papers in mathematical economics, reprinted from the Transactions of the Venice Institute of Science, Letters and Arts.) U.S. Department of Commerce. Special Report on Taxation. Washington: Government Printing Office. 1914. pp. 440. U. S. Department of Labor. Wheat and Flour Prices from Farmer to Consumer. Washington: Government Printing Office. 1914. pp. 112. Veblen, T. The Instinct of Workmanship. New York: Macmillan. 1914. pp. 355. $1.50. Veiller, Lawrence. A Model Housing Law. New York: Survey Associates. 1914. pp. 343. (Russell Sage Foundation Publi cations.) Walling, W. E. Progressivism and After. New York: Macmillan. 1914. pp. 406. $1.50. Whitlock, Brand. Forty Years of It. New York: D. Appleton & Co. 1914. pp. 373. $1.50. Whittaker, Thomas P. Ownership, Tenure, London. Macmillan. 1914. pp. 574. Worms, René. Les associations agricoles. Brière. 1914. pp. 227. 3 fr. and Taxation of Land. $3.75. Paris: M. Giard & E. |