Rm of Periodicals "New York's Conservation of Water Re sources.”
American Review of Reviews, v. 41,
p. 77 (_]'an.). “New York may safely say that she is in the forefront of the states in the conserva toin of her natural resources. The idea of state supervision and control is not untried,
as several foreign countries have long since passed regulating acts concerning their rivers, and our neighbor, the Province of Ontario, has been most successful in like attempts." "Billions of Treasure: Shall the Mineral Wealth of Alaska Enrich the Guggenheim Trust or the United States Treasury." By John E. Lathrop and George Kibbe Turner. McClure's, v. 34, p. 339 (Jan). "Our mineral and public land laws——these have been out of date for a generation; they are the ridicule of every other civilized coun try; and the are founded on entirely wron principles. he coal, timber, stone, genera minerals, and water powers upon the public lands belong to the United States. They must be worked, eventually, not by indivi duals but by corporations. There are only two essential parties to the transaction the government and the corporation. The United States practically refuses to recognize the second arty and will deal-because of laws adapte to conditions forty years old only with the individual. In the meanwhile, sane and modern laws on this subject-such as exist to an extent in Australia and British Columbia—-recognize the corporation, deal with it, and get what the government is en titled to from it. It is time the United States awoke to modern conditions, and did this."
Constitutional Law. See Government and other topics referred to thereunder. Contract. “Offers Calling for a Considera~ tion Other Than a Counter-Promise." By Clarence D. Ashley. 23 Harvard Law Re view 159 (Jan).
“No rule is more firmly embodied in our system of law than that involving the tech nical doctrine of consideration in contract. Yet the doctrine is crude and little adapted, in many respects, to our modern complex life. It should be modified and changed. In fact this is being done, as is shown by many judicial utterances. . . . "It is by no means unusual for a party to place himself in a position where he is no longer free, although his offeree may be. This is practically the situation in cases of ineffectual revocation. The offerec is not yet bound, yet the offeror has changed his mind, and desires to esca the consequences of his offer. If he is una le to communicate a revocation he may become bound by a con tract in s 'te of his wishes and attempts to escape. t is true that we are not accus tomed to speak of an ofieror as bound by his offer, but nevertheless he is responsible for its possible consequences, as he is for any action in his life.
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“An estoppel simply prevents him from withdrawing such action when it will work injustice to permit him to do so. It merely limits the power of revocation, and why should not such power be limited in such cases? The limitation takes place onl when it is required by strict justice an when both parties are full protected. Certainly these cases do not fa strictly within the equitable doctrine of estoppel in pais, as that subject has heretofore been developed, but a doc trine somewhat analogous thereto and de gnding upon the same ideas would seem to possible, even though there may be some more suitable nomenclature." See Conflict of Laws, Debt. Corporations. "A Question of Federal Criminal Procedure." By Nathaniel T. Guern sey. 19 Yale Law journal 80 (Dec.). “It would seem to be obvious that the Congress omitted to provide for the extra dition of corporations; this provision the courts may not supply, and without such rovision there is no method by which a oreign corporation can be required to make an involuntary appearance to an indictment found outside the district in which it is lo cated, or has an a ency or business. “It should not ie inferred that the fore going conclusion involves failure or even substantial embarrassment in the prosecu tion of offenders against the federal laws. Danger of a miscarriage of justice may be averted by commencing the prosecution against the offending corporation in a district in which it has an agency, or in which its principal place of business is located." "Bargains in Corporate Charters." By Hon. Alonzo Hoff, of the Springfield (Ill.) Bar.
9 Phi Delta Phi Brief 196 (Jan). A somewhat amusing satirical paper, re producing some of the advertisements of competitive bidders for the patronage of the o anizers of corporations. ‘As a result of the rivalry for foreign patronage, one of the southern states, wishing to go one better than another of the states, revised and liberalized her corporation laws by magnanimously dis using with a notarial certificate of acknow edgment, thereby sav ing twenty-five cents. ‘Competition is the life of trade.’ May we not yet be further edified by hearing of a sister state, in the interest of home pride and state's rights, offering trading-stamps to all who patronize her commonwealth and purchase a corporate charter?" See Monopolies; for Federal Corporation Tax Act, see Taxation.
Courts. “The necessity for a Court of Appeals in Administrative Matters Arising Before the Departments of the Federal Gov ernment." By Clifford S. Walton. 19 Yale Law journal 110 (Dec.).
"The necessity for the establishment of such an American court, on account of the
