BOOKS OF THE MONTH

BOOKS OF THE MONTH Labor's Money, by Richard Boeckel, $1.50. Harcourt, Brace & Company, New York. jWIDE interest in the new financial move-ment"among the workers, that has re-suited in the...

...The magazine, American Forestry, has published^ several articles devoted especially to the state parks of Wisconsin and Michigan, with many fine photographic illustrations...
...The Wisconsin parks were treated by Mr...
...Admirers of the group of Chicago writers whose work is appearing on today's bookshelf will welcome • Mr...
...be a positive force in the political life of the state.—Review of Reviews...
...It can be— and usually is—read through in a single sitting...
...This book gives the first clear interpretation of the workers' and farmers' banking movements to th*e general public...
...Through their banks and investment companies, Mr...
...Forestry Conservation THOUGH there appear to be Teal grounds for apprehension concerning the inroads upon some of the great national parks quietly planned by certain of the...
...The book can be cam-mended to the general reader in the same terms, for the movement with which it deals is likely in the relatively near future -to touch the direct interests, not only of the workers and the farmers, but of the general public as well...
...They are of the people,'and it is of the people they write, railing at blind stupidity, working to realize barely guessed-at potentialities, criticising them but still remaining of them...
...Boeckel clearly shows, American trade unions - are beginning to fight fire with fire, putting money power against money power, using capitalistic methods to serve selfish ends...
...In commending the book to the study of economists in' every field, Mr...
...Boeckel shows, the organized workers of* the United States are beginning to assume a share in control of American industry which will be rapidly expanded during the coming years and may ultimately give \o the producers complete control of the productive machine...
...we will be watching for the ones we have not yet met, Mr...
...2.50...
...American labor," he says, "has shown the way...
...Mr, Boeckel believes this movement to be the distinctive contribution of American labor for Which the critics <of the stereotyped policies of orthodox trade unionism have long waited...
...It means & revolution in trade union methods and the ultimate abandonment of the strike and other negative practices of the old unionism in favor of the more effective weapon that is at hand in the workers' money power, now being mobilized in the^new financial institutions of the workers...
...While his book has been pronounced a sound economic study, by so authoritative a writer as H. G. Moulton, director of the Institute of Economics, there is nothing in it that is beyond the grasp of the intelligent high school student, or working man...
...No one who wishes to keep in touch with the changes that are going on in industry can afford tc miss this book...
...Boeckel says, "is as revolutionary as any radical reformer could wish, the means for its achievement hold no threat of industrial disruption or public disorder...
...The program is so sound, far-seeing and appealing.(that opposition to state forestry, which only ¦& decade ago was very strong and bitter, has all but vanished...
...These states seem to have awakened to a realization of the possibilities of the parks as places f ot public play and recreation, and a well-defined movement to utilize them for suck purposes seems to' have set in...
...Moulton said it was '% challenging study of a distinctly new financial development" which "will prove interesting and suggestive alike to the student of finance, the student of labor and the student of general ecoSomic organization...
...Hansen succeeds in bringing out the touchstone of this varied group, its devotion to truth and reality which each seeks to express according to his own medium...
...And the farmers in many parts of the country are getting ready to follow the trail that labor has blazed...
...In the new financial movement, as Mr...
...Boeckel is a Washington newspaper man and economist who thinks like the latter but writes like the former...
...Hansen's sketches are a real contribution...
...The Bible is now published in 770 languages of the world...
...The movement does not look to the 'overthrow of capitalism.' On the contrary, it accepts the institutions of a capitalistic society and seeks to work through capitalistic methods, toward a new social order...
...Midwest Portraits," by Harry Hansen...
...The man who receives his first notice of this new financial movement by finding in his bill fold a bank note carrying on its face the name of some such institution as "The Brotherhood of Railway Telegraphers' National Bank" and the signature of a labor union leader as president of that bank is likely to be strongly impressed with the fact, that American labor is up to something new...
...Through the eyes of a friend as well as a critic we are giad to observe the men whose work we admire or perhaps dislike...
...Henry C. Campbell, assistant editor of the Milwaukee Journal, who remarks that "a state policy which aims to grow timber on all non-agricultural land that is adapted to the purpose, forms the backbone of an outdoor program of construction and reconstruction that is winning general support in Wisconsin in a way that is most gratifying...
...lurnber interests (notably in the Yellowstone National Park), a far different note comes front Some of the central states, especially'Wisconsin -and Michigan...
...While the end sought in this movement," Mr...
...Hansen's intimate glimpses into the charmed circle at SchlogFs, Sherwood Anderson's youth, Carl Sandburg's home, the many comments on contemporary writers of whom h° delightfully converses...
...At the present moment there are something like 2,000,000 of such bank notes outstanding with the name of half a dozen labor banks stamped across their face, each of which should carry notice to the holder that American workers are seizing upon the weapons, which have been most effectively used against them by 'their opponents in the past, for use as the instruments of their advancement for the future...
...jWIDE interest in the new financial move-ment"among the workers, that has re-suited in the establishment during the last three years of 15 trade union banks with huge aggregate resources, has been created by the publication of Richard Boeckel's "Labor's . Money...
...Harcourt, Brace and Company, 1923...
...There is an enthusiasm and vigor to these men which cannot fail to stimulate thought and healthy controversy...
...The Bible Society hopes to continue its work of translation into 300 other languages...
...A writer in the Socialist Review (London) after citing the achievements of American labor in the financial field calls upon British labor to do likewise...
...There now exists, in fact, a public sentiment that is proving to...

Vol. 16 • January 1924 • No. 1


 
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