"I have been pleased with THE ARENA, both old and new. I first subscribed to it in order to get 'The Bond and the Dollar,' which I consider the most succinct exposition of the American money question ever written. No publication that I am acquainted with equals THE ARENA as an educator. I wish you godspeed in your efforts for the betterment of our people and of humanity in general. I hope (almost against hope) for the peaceful solution of the difficulties that now beset our beloved country. "Sincerely yours, "A. BIGGS." Moved by the foregoing communication and scores of others of the same purport, and knowing the truth of what the honest producers (who are the very blood and sinew and soul of this Republic) say of their trials and of the wrongs to which they have been mercilessly subjected for years, THE ARENA has decided to share the common lot. With the people we shall stand or fall. Let all who _can_ rally, therefore, rally to the support of THE ARENA, and the management will try to show the nation what a great and free American magazine devoted to American interests and American democracy really is, and will be, in the battle for human rights. Address all subscriptions and all other business communications to JOHN D. MCINTYRE, Manager of THE ARENA, Copley Square, Boston. BOOK REVIEWS. [_In this Department of_ THE ARENA _no book will be reviewed which is not regarded as a real addition to literature._] The Emperor.[8] [8] "Life of Napoleon Bonaparte." By Willian Milligan Sloane, Ph. D., L. H. D.; Professor of History in Princeton University. Four volumes, imperial octavo; pp. 1120. New York: The Century Company. Boston: Balch Brothers, 1896. At the hour when, on the evening of the first day of this century, the first asteroid was discovered by Piazzi at Naples, an olive-complexioned man was sitting smileless in a box in the opera house in Paris. He sat back where nobody could see him. It was his way not to be seen--except on business. The man was thirty-one years, four months, and sixteen days of age. He had already done something. If he had not equalled the work of Alexander at the corresponding age, he had at least surpassed Cæsar; for Cæsar at thirty was still a comparatively unknown roué in Rome.