strictions. The latter bill attempts less than that of Congressman Fowler and more than that of Senator Aldrich, which, indeed, is regarded by many as the irreducible minimum of currency reform. The Aldrich bill provides for the issue of emergency bank notes against certain state, municipal and railroad bonds, such notes to be taxed at the rate of six per cent., to insure their prompt retirement. But in the West there is much opposition to this measure, both in principle and on practical grounds. It is declared to be unsound and at the same time wholly in the interest of New York's speculative elements. All agree that Congress ought to enact some currency legislation at this session, to reassure the people and make future panics less likely. But the wide and serious differences of opinion that have already arisen over the question are a formidable obstacle in the way of Congress. However, some compromise is expected that will be reasonably acceptable to all sides. Hull House and Modern Charity The Hull House Year-Book, from which we copy a few illustrations, indicates further expansion and increased usefulness of that remarkably successful social settlement. Buildings have been added, the attendance at the various classes has increased, and the activities have grown more various. Other settlements have a like gratifying record of progress to report, and that admirable weekly, Charities, now publishes monthly a summary and review of the more interesting features and developments of settlement activity. But perhaps the most significant fact of the year is the closer understanding between such social settlements as Hull House and the leading charitable associations. At several recent charity conferences experienced workers and public men dwelt on the deepened and broadened conception of charity that prevails today as compared with the |