Knowledge that Transforms

clear, so that the important problem of the business organization of the industry as a whole is not solved. Such investigators as Unwin have shown how much we still have to learn along this line, and it is unfortunate that Dr. Lewis does not contribute a satisfactory statement with reference to his particular field. Perhaps materials are lacking; if so, it would have been better to state the fact than to pass over the topic with scant mention. W. C. Mitchell The University of California

Les industries insalubres. Par Franqois Coreil et Leon Nicolas. Paris: H. Dunod & E. Pinat, 1908. 8vo, pp. viii+778. This volume gives a very complete and detailed description of the indus? tries classified as "dangerous" by the French laws, explains the reasons for the danger, the remedy therefore, and the legal requirements which have to be met in each case. Excellent as a guide either for one who has to conform to these requirements, or for one who wishes to know how France is trying to cope with this problem.

text of the act is given in full, it is summarized in the introduction, and the changes involved are further elucidated in the appropriate place in the text. As here summarized the chief changes are: (a) the definite recognition of private companies; (b) the enforc? ing of greater publicity on the part of public companies; (c) the provision that foreign companies shall register particulars of their constitution and a yearly statement of affairs or balance sheet, as well as the names of their directors and of a person or persons to accept service of process on their behalf; (d) new provisions in regard to debentures, including a direction that receivers and man? agers shall file their accounts; (e) provision giving the creditors of a company control over the appointment of a liquidator in the case of a voluntary winding up, and provisions enabling the dissolution of a company wound up voluntarily to be set aside; and (/) an extension to companies not in liquidation of the powers of compro? mise and arrangement given by the Joint Stock Companies Ar? rangement Act, 1870, to companies in liquidation.