Combines and Trusts in the Electrical Industry (B.E.A.M.A., 36 Kingsway,
£5 5s.) is a large and expensiVe volume of a somewhat technical nature. Belgium, Italy, France, Germany and Switzerland may be considered as closed preserves, the author tells us, as far as the British electrical exporter is con- cerned. We would add Sweden to the list. In all these countries power-finance corporations are in existence, and agreements have been reached between the chief manufac- turers. Our electrical industry must either form closet associations with the great German and American concerns such as the General Electric, Brown-Boveri, A.E.G., Siemens- Schuckert, ecc., and so become absorbed eventually in an International Electric Cartel, or it must tighten up its own organization (the excellent " Beama ") and form a compact group of manufacturers with a common policy. Electricity is the power of the future. In this sense its proper use and development is a vital concern to every human being on
these islands. *
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