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LIBRARIES have come impressively into the public picture in the past year or two, and seldom with more effect than when Their Majesties the King and Queen opened the new Central Reference Library at Manchester on July 17th. In a time, which is nearly the end of a great depression, that the city which probably felt the depression more than any in the Kingdom should have proceeded with the building of a vast store‐house of learning is a fact of great social significance and a happy augury for libraries as a whole. His Majesty the King has been most felicitous in providing what we may call “slogans” for libraries. It will be remembered that in connection with the opening of the National Central Library, he suggested that it was a “University which all may join and which none need ever leave” —words which should be written in imperishable letters upon that library and be printed upon its stationery for ever. As Mr. J. D. Stewart said at the annual meeting of the National Central Library, it was a slogan which every public library would like to appropriate. At Manchester, His Majesty gave us another. He said: “To our urban population open libraries are as essential to health of mind, as open spaces to health of body.” This will be at the disposal of all of us for use. It is a wonderful thing that Manchester in these times has been able to provide a building costing £450,000 embodying all that is modern and all that is attractive in the design of libraries. The architect, Mr. Vincent Harris, and the successive librarians, Mr. Jast and Mr. Nowell, are to be congratulated upon the crown of their work.

HIS holidays over, before the individual and strenuous winter work of his library begins, the wise librarian concentrates for a few weeks on the Annual Meeting of the Library Association. This year the event is of unusual character and of great interest. Fifty years of public service on the part of devoted workers are to be commemorated, and there could be no more fitting place for the commemoration than Edinburgh. It is a special meeting, too, in that for the first time for many years the Library Association gathering will take a really international complexion. If some too exacting critics are forward to say that we have invited a very large number of foreign guests to come to hear themselves talk, we may reply that we want to hear them. There is a higher significance in the occasion than may appear on the surface—for an effort is to be made in the direction of international co‐operation. In spite of the excellent work of the various international schools, we are still insular. Now that the seas are open and a trip to America costs little more than one to (say) Italy, we hope that the way grows clearer to an almost universal co‐working amongst libraries. It is overdue. May our overseas guests find a real atmosphere of welcome, hospitality and friendship amongst us this memorable September!

THERE was a rather remarkable statement made at the Royal Institute of British Architects by Mr. Berwick Sayers last month. He affirmed that so far as the recorded issues of the reference libraries in the municipal libraries of London were concerned, only 8,880 books were consulted daily. This, as the statistical account of twenty‐nine public libraries, shows an average of a fraction over 302 books daily. To some this may seem not an inadequate issue, if all the books recorded are books which the student and the searcher for information have used. The point of the meeting at which the remark was made was that the reference libraries of London should do more in co‐operation with industry, and it was argued by the representatives of ASLIB who took part in the conference that our London reference libraries should be strengthened in the science and technology departments, even at the expense of the lending libraries. The experience of the public librarian seemed to be that few people lived in London near their work; and that they had command of the special libraries in London in a way that provincial industrialists had not, and therefore they did not make any use that mattered of London reference libraries. The Chambers of Commerce in the various boroughs of London consist of small traders as a rule whose main purpose is “to keep down the rates,” and who have very little connection with industry on the scale in the minds of the ASLIB representatives. In short, the chief function of the London public libraries is mainly that of home reading. Ultimately the solution of the reference problem may be the establishment of one or two great regional reference libraries supported by the co‐operation of the boroughs. Co‐operation, however, is in its initial stages yet, and it will probably be some time before such an ideal, if it be an ideal, is achieved.

With this number the Library Review enters on its ninth year, and we send greetings to readers at home and abroad. Though the magazine was started just about the time when the depression struck the world, its success was immediate, and we are glad to say that its circulation has increased steadily every year. This is an eminently satisfactory claim to be able to make considering the times through which we have passed.

IT was unlikely that I should remember, even when in Boston, Massachusetts for the first time, that there was a pond called Walden, presumably near, and good for rod and line. Walden is a familiar name, but it suggests only some rare ideas—ideas so rare, you may retort, that they could not embody so much as an image of a pond. That may be so—I bear in mind my schoolmaster's comment on Thoreau. The comment was “all moonshine.” I defend myself with the suggestion that moonshine is all right. It is said that phases of it are so admired by everybody at times that they will swear it is plain daylight; they will go as far as to declare, of their particular lunar phase, that if you can't see things plainer by its light then you are probably a traitor or an atheist. We know that in our rough island story there was once a Hidden Hand, obvious enough by moonlight, but invisible by day. I am all for freedom in moonshine.

JUST now I am trying, for my private edification, and also because of an allotted task, to retire into the past about a quarter of a century. That is not far back. I was alive then, and most likely very interested in life. It struck me, as soon as I decided to go back to see how things looked then, that it could be done as easily as just turning over the memory in regular leaves. Yet I had not turned back far before I was lost; the years seemed mostly alike; there was but a grey and vacant expanse with apparently few outstanding features in it.

The Library Association of Ireland issued last month the first number of An Leabharlann, their new official journal. The title, for those of us who do not speak the language of Erin, means The Library. It is an extremely interesting venture which will be followed by librarians on the mainland with sympathetic curiosity. In particular our readers would be interested in the first of a series of articles by Father Stephen J. Brown, S.J., on Book Selection. The worthy Father lectures on this subject at University College, Dublin, in the Library School. It is mainly concerned with what should not be selected, and deals in vigorous fashion with the menace of much of current published stuff. No doubt Father Brown will follow with something more constructive. Mr. T. E. Gay, Chairman of the Association, discusses the need for a survey of Irish libraries and their resources. We agree that it is necessary. The Net Books Agreement, the Council, Notes from the Provinces, and an article in Erse—which we honestly believe that most of our Irish friends can read—and an excellent broadcast talk on the Library and the Student by Miss Christina Keogh, the accomplished Librarian of the Irish Central Library, make up a quite attractive first number. A list of broadcast talks given by members of the Association is included.

IN all this rush for bargains in first editions, and the feverish anxiety on the part of many collectors, pseudo and genuine, there is a natural desire to look ahead, and to discover the big writers of to‐morrow, because it is their books of to‐day that will be the rare and valuable items of to‐morrow. But there's the conundrum It is easy enough, if we are rich enough, to buy, shall we say, Arnold Bennett's Old Wives Tale for £50 or more, because we are constantly learning how few copies there are about, and because it is really a good first edition to have. The same may be said of the rare things of Shaw, Barrie, Wells, Galsworthy and others. To select an unknown writer, and to say to oneself: his first book is going to be a notable and closely sought for book to‐morrow, is, indeed, a difficult task which few of us can encompass. Yet it is done. There are those happy ones who said it about Shaw in his early days, of Tomlinson in his, and they now possess real worth in two ways. I do not ever want to forget the literary value of these, and other writers: there is, indeed, value there; but there is the other way—the economic value. Some wiseacres, in their shrewd vision and intelligent and intellectual anticipation, hug themselves in bibliographic glee in that these two ways are theirs. Fads and fashions, conventions and popularisms, come up and pass these good people by. They blazed their own trail, and, in their quiet and contented way, they proceeded to their own contented end, and now they may justifiably revel in their own fore‐sightedness. Blessed are they among the growing army of book collectors.

The study aims to assess the relationship between cultural capital, human capital, psychological capital, social capital and perceived employability of management graduates.

The data was analysed through variance based partial least square (PLS) structural equation modelling on 505 management students by an online questionnaire. The predictive relevance of perceived employability was investigated with PLS predict approach. Further, importance-performance map analysis (IPMA) was applied to assess important and performing dimensions of perceived employability.

The results indicate that social capital was found to be the strongest predictor of graduates' perceived employability. The proposed conceptual model was found to have a moderate to high predictive relevance. IPMA results suggested that investment in psychological capital leads to higher return in perceived employability of management graduates.

Data was collected using purposive sampling and confined to university students only.

Findings of the study provide empirical inferences in support of human capital, social capital and social cognitive theory. Practical implications offer important inputs to policy makers, higher educational institutes, career counsellors and universities.

This study provides novel inputs by a comprehensive model of graduate capital to determine and predict perceived employability of graduates in emerging economy like India.

THIS is a subject which is supposed to be next to my heart. I am not sure it is quite so close. It may have been so at one time, but if ever I had a predilection for stories of travel it was soured long ago by literary editors. They have favoured me with so many travel books for reviewing that now the innocent face of another is enough to make me “reach back”; and a reviewer of books ought never to do that, on instinct.