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A brief review is provided as to the growth of home banking in the UK in general and in Scotland in particular. Some attention is paid to a comparison in the services provided by two leading home banking systems and a speculative extrapolation is made as to how developments in home banking may proceed into the future.

Our nation at last seems to be rousing herself to put forth her full strength, and the organisation of industry is receiving at the hands of the new National Government no less attention than the armies that are springing into being under the magnificent direction of the new Knight of the Garter, Lord Kitchener. Hearts are beating high with hope and determination to help in every way possible in this vast effort to uphold the right, and the call comes afresh to each one of us to do everything in our power at this time of National need. In the present number we gladly publish more names of comrades who have joined the forces, but could wish they were still more numerous. Are there not others who can and who will join the noble army of heroes prepared to face the enemy in the field for faith and Motherland?

This chapter examines interlocks among the governing boards of 12 leading policy-planning organizations and changes in the structure of this network between 1973 and 2000. Methods of multidimensional scaling and hierarchical clustering are used to construct topographical maps of the pattern of interlocks among policy-planning groups and their change over time. In contrast to the findings on corporate interlocking directorates, the study shows that board interlocks among policy-planning organizations are substantively meaningful and relatively stable at the dyadic level, although several changes in the topology of the network are also found. In all three decades, big-business “moderate-conservatives” like the Business Council and the Business Roundtable occupied the most central locations in the network. In the 1970s these organizations were linked with the “corporate liberals” to form the core cluster of the policy network. In the 1980s and 1990s the corporate liberals became relatively isolated from the core and their places were taken by several conservative groups. There was also a sharp rise in the cohesion of the network in the late 1970s and 1980s – a period that is widely seen as one of conservative political mobilization and heightened political unity among business elites. These changes in the structure of the policy network are consistent with and help to account for the rightward shift in U.S. state policy during this period.

The Russian poet, Nikolai Stepanovich Gumilev (1886–1921), was arrested in 1921 on the false charge of conspiracy and was shot. The Soviet Union's existence ended as abruptly and unexpectedly as did Gumilev's. No major political structure in modern history has collapsed so rapidly. Left is the scarred memory of an enormously rich history. Libraries are the souls of memory. Russian libraries face an extremely important role as the skins of the past are shed for a new soul.

Stephen Hodgetts read the e-mail over and over again and still could hardly believe what he had read. He had just come back from his vacation, well rested and refreshed, and this e-mail had dampened his high enthusiasm. It took time to absorb such bad news and for Hodgetts to get over his incredulity.Yet in the end Hodgetts accepted the truth‐a deep, dark terrible truth that would not go away. Robert Davis, his business partner’s son, had confirmed in an e-mail his worst fears about their newest business partner, David Russ.Many thoughts were running through his mind simultaneously yet each screamed to be heard.“How could he and his partner Richard Davis have been so blind, so trusting?” “How could Russ not have heeded the advice of his business partner, Richard Davis, Russ’s former English professor?” And most important, “What was now going to happen to their new business?” Yet the one thought that continued to echo among them all was surprisingly a quote from Sir Arthur Conan Doyle’s beloved character, Sherlock Holmes: “But there are always some lunatics about. It would be a dull world without them.”

The purpose of this paper is to further fill the void of American slavery within management history and leadership studies by presenting the unique case of Joseph E. Davis's paternalistic leadership.

This case was selected because of Davis's attempt to transplant Robert Owen's utopian practices of social harmony in an industrial, textile‐mill setting to the backdrop of his slavery plantation. The method used is the historical method of analyzing both primary and secondary sources of data about Joseph E. Davis, a Mississippi planter, during the time periods of antebellum and reconstruction.

This analysis indicates that Joseph E. Davis exhibited benevolence, authoritarianism, and, to a degree, moral paternalistic leadership with his slaves. Yet, due to his ideology and the context, he still defended slavery and Southern rights.

Historical knowledge about paternalistic leadership during the antebellum slavery and reconstruction time period will help to end the denial of slavery in management studies, as well as contribute to the understanding of paternalism in many contemporary cultures.

This is the first article to provide primary evidence of paternalistic leadership in management history studies within this erroneously disregarded period.

Many jurisdictions fine illegal cartels using penalty guidelines that presume an arbitrary 10% overcharge. This article surveys more than 700 published economic studies and judicial decisions that contain 2,041 quantitative estimates of overcharges of hard-core cartels. The primary findings are: (1) the median average long-run overcharge for all types of cartels over all time periods is 23.0%; (2) the mean average is at least 49%; (3) overcharges reached their zenith in 1891–1945 and have trended downward ever since; (4) 6% of the cartel episodes are zero; (5) median overcharges of international-membership cartels are 38% higher than those of domestic cartels; (6) convicted cartels are on average 19% more effective at raising prices as unpunished cartels; (7) bid-rigging conduct displays 25% lower markups than price-fixing cartels; (8) contemporary cartels targeted by class actions have higher overcharges; and (9) when cartels operate at peak effectiveness, price changes are 60–80% higher than the whole episode. Historical penalty guidelines aimed at optimally deterring cartels are likely to be too low.

Communications regarding this column should be addressed to Mrs. Cheney, Peabody Library School, Nashville, Tenn. 37203. Mrs. Cheney does not sell the books listed here. They are available through normal trade sources. Mrs. Cheney, being a member of the editorial board of Pierian Press, will not review Pierian Press reference books in this column. Descriptions of Pierian Press reference books will be included elsewhere in this publication.