t reprinted at all, and therefere are only to be had at
English prices, for the same reason that publishers are cautious about
risking their capital in unprotected property."

The copy-book motto, "Honesty is the best policy," fails often enough
to come true (at least as to material results) in the case of the
individual, simply because his life is not always long enough to give
an opportunity for all the results of his actions to be arrived at.
The community, however, in its longer life, is subject to the full
influence of the certain though sometimes slow-working relations of
cause to effect, relations which, among other things, bring out the
essential connection between economics and ethics, and which show in
the long-run the just method to be the wise method. An enlightened
self-interest finds out the advantage of equity. If the teaching of
history makes anything evident, it is that in the transactions of a
nation, honesty _pays_, even in the narrowest and most selfish sense
of the term, and nothing but honesty can ever pay. Among the many
classes of interests to which this applies international copyright
certainly belongs.

Rejecting the Elderkin-Sherman suggestion of an open market for
republishing as in no way effecting the objects desired; the
Baldwin-Cox plan of giving protection only to books of which the type
had been set and the printing done in this country, as narrow in
principle and uneconomic in practice; and the Bristed-Morgan
proposition to extend the right of copyright without limitation or
restriction, as not giving sufficient consideration to the business
requirements, and as at present impracticable to carry into effect--we
would recommend a measure based upon the suggestion of the British
Commission, coupled with one or two of the provisions that have been
included in the several American schemes:

1. That the title of the foreign work be registered in the United
States simultaneously with its publication abroad.

2. That the work be republished in the United States within six months
of its publication abroad.

3. That for a limited term, say ten years, the stipulation should be
made that the republishing be done by an American citizen.

4. That for the same term of years the copyright protection be given
to those books only that have been printed and bound in this country,
the privilege being accorded of importing foreign stereotypes and
electrotypes of cuts.

5. That, subject to these p