Reviews : Lévy, Raphael-Georges. Banques d'Emission et Trésors Publics. Pp. xxiv, 625. Paris: Hachette & Co., 1911

• Author: E.W. Kemmerer
• DOI: 10.1177/000271621204300126
• Published date: 01 September 1912
• Date: 01 September 1912
• Subject Matter: Articles

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ments for music and religion is urged. A plea is made for giving the negro
opportunity for full development in &dquo;self-support,&dquo; &dquo;self-knowledge&dquo; and &dquo;self-
control.&dquo;
To the whites, there is the need of &dquo;entering upon a sympathetic
understanding into the life and thought of the other race,&dquo; and of &dquo;finding
some larger basis of agreement &dquo;that will avoid hatred and resentment. Only
when the leaders of both races work together &dquo;with respect for mutual liberties,&dquo;
&dquo;
and the use of the &dquo;indivisible inheritance,&dquo; for the uplift of all, wilt the negro
become a &dquo;helpful element of the national life.&dquo;
&dquo;
&dquo;A truer democracy&dquo; must be realized, &dquo;to be loyal to the principle under-
lying civilization.&dquo; &dquo;The use of power and knowledge&dquo; is urged &dquo;to allow the
possibility of each coming to his own best,&dquo; &dquo;for the common good.&dquo;
&dquo;
A &dquo;Demo-
cratic Policy&dquo; is discussed regarding the conquest and use of natural resources,
the control of public utilities, and concentrated wealth and the elimination of
social maladjustments. The author declares that &dquo;democracy is still honestly
our national ideal, passionately desired and pursued.&dquo; If this &dquo;faith and hope,&dquo;
&dquo;commands the conscience and will of each individual&dquo; and &dquo;is accompanied
by a scientific study of conditions, neither the individual nor the nation can
fail.&dquo;
The last chapter deals with the triumph of the author’s ideal in inter-
national relations.
The duality of economics and religion in western civilization
makes it inevitable that a religious world movement, especially in the Orient,
must follow commercial exploitation.
This labored review shows an inevitable shortcoming of the book. In
small compass, the author has undertaken a tremendous task and could develop
his many-sided theme only in barest outline. He unites,...