Abstract

Editorials

This article comments on political and social developments in the U.S. The announcement, coming simultaneously from four reputable publishers, that they plan to publish books at half or less than half of the prices now current will probably be welcomed with hosannas by the book-buying public. It is plain that the book publishers, like everyone else engaged in business, have suffered from the trade depression that followed last year's market collapse. The resignation of Oswald Mosley from the government is a stiff blow at the government's prestige. The stone of stumbling is unemployment. The particular proposals whose rejection by the Cabinet led to Mosley's resignation do not seem, on the surface, to be very much more radical than some of the things to which the Labor Government is already committed.