From the character of the reform measures adopted by the American Publishers' Association, which went into effect on the first of May, it is evident that the publishers have determined to restore the old-time bookseller. This can be done only by the publishers enforcing the maintenance of retail prices, the same as is done by the proprietors of the Earl & Wilson collar, the Waterman fountain pen, the Eastman kodak, and many other special lines of which the retail price is listed. When dry-goods stores and clothing stores bought these special lines and retailed them at or below the cost price, in _contrast to the list price_ asked in the special furnishing stores, in order to attract customers to their stores because of their wonderful "bargain counters," the manufacturers realized that the dry-goods stores were simply using up these wares to advertise their other business. They cut off the supply of their goods to these price-cutting dry-goods stores, and refused to supply any more goods, except under a substantial undertaking on the part of the dry-goods stores to maintain the full list price. This, in a word, is the substance of the publishers' plan. They have agreed to cut off absolutely the supply of all of their books, net, copyrighted and otherwise, to any dealer who cuts the retail price of a book published under the net-price system. On the other hand, the nearly eight hundred members of the American Booksellers' Association have entered into a mutual agreement to push with energy the sale of the books of all publishers who co-operate with them for the maintenance of retail prices, and not to buy, nor put in stock, nor offer for sale, the books of any publisher who fails to co-operate with them. This is substantially the same system that was adopted in Germany in 1887, in France a few years later, and in England in 1900. The effect of this system in Germany has been to lift up the trade from a condition even more deplorable, if possible, than that into which it has fallen in this country, and to make it a prosperous and profitable business. It has proved beneficent and satisfactory, not only to dealers and publishers, but also to authors and to the reading public, for every city, town and village in Germany now sustains a book shop that carries a fairly representative stock of books, so that the people are able to examine promptly every book as soon as it comes from the press, and the authors are sure of having their books promptly submitted to the examination of every possible purchaser. The results in France and England are equally encouraging, and it is believed that as soon as the American system is fully understood, and as soon as enough books are included under the net-price system, so that a bookseller can once more make a living on the sale of books, many of the old-time booksellers will again put in a stock of books and help to re-establish the book trade in America.