Book Reviews : Municipal and Other Local Governments. By MARGUERITE J. FISHER and DONALD G. BISHOP. (New York: Prentice-Hall, Inc. 1950. Pp. viii, 664. $4.75.)

Date01 September 1951
AuthorFrank M. Stewart
DOI10.1177/106591295100400340
Published date01 September 1951
Subject MatterArticles
531
Correction
of
an
adverse
balance
by
either
of
the
first
two
measures
implies
that
correction
will
occur
through
adjustments
in
the
rate
of
ex-
change
responding
to
revaluation
of
currencies.
It
is
the
judgment
of
Mr.
Hawtrey,
the
third
situation
pertains
to
European
countries
generally
and
to
England
in
particular.
The
trade
displacements
caused
by
World
War
II,
and
the
urgent
necessity
of
re-equipment
through
United
States
aid,
have
assured
an
adverse
balance
of
payments
to
western
Europe
of
a
fun-
damental
nature.
The
&dquo;restrictive
measures&dquo;
would
have
to
be
import
quotas
or
other
import
restrictions,
combined
with
a
directed
economy
aiming
towards
a
revitalized
foreign
trade.
Implied
is
the
sacrifice
of
a
present
standard
of
living
in
the
expectation
of
a
higher
one
in
the
future.
Such
restrictive
measures,
it is
to
be
noted,
do
not
preclude
multilateral
agreements
which
might
lend
some
degree
of
stability
to
the
European
economies.
Mr.
Hawtrey’s
dissertation
was
written
in
the
latter
months
of
1949
and
the
early
months
of
1950,
at
a
time
when
England’s
dollar
shortage
was
soon
to
become
less
serious.
The
Korean
&dquo;police
action&dquo;
and
the
necessity
for
war
preparations
have
further
modified
the
situation
in
regard
to
adverse
balances.
Changes
in
international
trade
and
within
domestic
economies
follow
changing
world
situations
rather
closely.
Never-
theless,
Mr.
Hawtrey’s
close
reasoning
and
sound
economics
repay
any
attention
siven
to
a
Derusal
of
this
book.... --
HOWARD
L.
DALSLEY.
Russell
Sage
College.
Municipal
and
Other
Local
Governments.
By
MARGUERITE
J.
FISHER
and
DONALD
G.
BISHOP.
(New
York:
Prentice-Hall,
Inc.
1950.
Pp.
viii,
664.
$4.75.)
From
experience
with
the
use
of
materials
by
students
in
the
Maxwell
Graduate
School
of
Citizenship
and
Public
Affairs
of
Syracuse
University
and
with
study
groups
of
the
New
York
State
League
of
Women
Voters,
the
authors
have
written
a
useful
and
practical
book
for
students
of
local
government
and
others.
Two
introductory
chapters
deal
with
the
significance
of
local
govern-
ment
in
our
society,
and
with
the
relations
of
the
city
to
other
units
of
government.
Part
II
discusses
the
forms
of
municipal
government,
parties,
and
politics.
Part
III
is
devoted
to
personnel
and
finance,
and
Part
IV
pro-
vides
a
separate
treatment
of
eleven
activities
of
municipal
governments.
A
concluding
chapter
is
entitled
&dquo;Planning-The
Hope
for
the
Future.&dquo;
Two
appendixes
discuss
county
and
other
units
of
local
government,
in-
cluding
the
New
England
town,
the
township,
village,
borough,
and
special
districts.
A
useful
index
is
provided.

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