Page:The Green Bag (1889–1914), Volume 21.pdf/187

 Review of Periodicals

Jlrticles on Topics of Legal Science and Related Subjects Aliens (Exclusion). "Judicial Review of Administrative Action in Immigration Pro ceedings." By Thomas Reed Powell. 22 Har vard Law Review 360 (Mar.). Treating of the question suggested by the possibilities flowing from the decision in In the Matter of Hermine Crawford (Oct. 28, 1908), 40 N. Y. L. J. 419, holding that the Commissioner of Immigration may exclude aliens afflicted with a loathsome or dangerous disease, even though such aliens be domiciled in the United States and returning from a temporary sojourn abroad. "This threatens every returning citizen with administrative proceedings in which he must establish the fact not only of his domicile but of his citizen ship." Aliens (Status). "Aliens under the Federal Laws of the United States." By Samuel MacClintock. 3 Illinois Law Rev. 493 (Mar.). This paper, dealing with alienage and citi zenship, is the first of a series of four papers. The three others will be entitled respectively : Federal Legislation—Shipping, Patents, Trade Marks, Copyrights. Federal Legislation— Public Lands, Real Estate in the Territories. Treaty Rights of Resident Aliens. The author here gives a lucid exposition of the status of aliens; their rights, duties and disabilities under the common law and under statutes now in force. He shows how— "in ancient and mediaeval times an alien had little or no protection from the laws of the country in which he sojourned, while in modern times most states tend to give him full civil rights. In England, the common law disability as to holding real estate has been swept away, and in most of our states the same result has been attained." . . . He also tells "how citizenship arose in the colonies and how, with the birth of the new federal state, there arose a national as well as a state citizenship. . . . We have seen that the citizenship of these two sovereign ties is distinct; that the control of the suffrage is left almost entirely to the states and terri tories; and finally, that the states may confer state citizenship and political rights upon aliens. So may the territories confer, under Congressional authority, the latter rights."

Banking and Currency. "A Year after the Panic of 1907." By Alexander D. Noyes. Quarterly Journal of Economics, v. 23, p. 185 (Feb.). Was the panic of 1907 an economic crisis of the first magnitude, asks the author, or was it simply and solely a readjustment of over-speculation on the stock exchange? He answers it by saying that it will be classed in future history as a panic of the first magni tude, along with those of 1893, 1873, 1857, and 1837. It was marked by the same five characteristics—impairment of credit facili ties of banks, hoarding by individuals, short age of currency for ordinary business, shutting down of manufactories, and abrupt disap pearance of the buying demand. What was the cause of the panic? There were three popular theories: that it was caused by President Roosevelt's anti-trust activities, that it was due to reckless finance in New York, or that it was occasioned by a defective currency system. Not one of these was the cause, which was, on the contrary, "the extravagant over-exploiting of capital and credit throughout the industrial world." The author discusses with fullness of detail the financial conditions preceding the panic, not only in the United States but in other countries, and indicates the general ten dencies illustrated by the movement of prices and the state of foreign and domestic money markets. Banking and Currency. "Government v. Bank Issues." By Prof. J. Laurence Laughlin. Scribner's, v. 45, p. 265 (Mar.). Concludes that bank issues are preferable, as "a protection against arbitrary party action" and as a democratic measure. Banking and Currency. "Recent and Pro spective State Banking Legislation." By Pierre Jay. Quarterly Journal of Economics, v. 23, p. 233 (Feb.). One of the Savings Banks Commissioners of Massachusetts says that it is impossible to forecast what important amendments to the banking laws will be adopted by the thirty-nine state legislatures that are to meet this year, but the fact that this widespread discussion promises to be so general "indi