In This Review

Foreign Bonds
Foreign Bonds
By Max Winkler
Swain, 1933, 311 pp

The writer, an authority in the field of international finance, reviews the historical evolution of default and the methods that have been taken to deal with it. He then analyzes the steps by which the American public discovered the world and by which the same public was induced to sink billions of dollars in questionable foreign investments. Professor Winkler presents his depressing picture in lively and interesting fashion.