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DUBLIN DID NOT LACK literary talent in 1924. When Francis Stuart, his wife Iseult, and Cecil Salkeld decided to bring out a new periodical devoted to the arts, they found little difficulty collecting material. W. B. Yeats and Joseph Campbell contributed poems, Liam O'Flaherty a short story. Lennox Robinson—dramatist, director of the Abbey Theatre and secretary of the Carnegie United Kingdom Trust's Irish office—was too busy to write anything specially, but offered a story written years previously in New York, ‘The Madonna of Slieve Dun’. The first issue of To‐morrow: a New Irish Monthly (price sixpence) appeared in August. Within six months the Carnegie Trust's Irish Advisory Committee was suspended and Robinson, its secretary, dismissed.

THE Birmingham Induction on February 13th was in every way satisfactory to those who participated. A writer in our “Letters on Our Affairs” has given in brief the substance of the event. It fulfilled the anticipations we made in our last number: the attendance was really representative; and there was an agreeable meeting of many of Mr. Cashmore's older and younger contemporaries, as well as a large concourse of his neighbours, to share in the dignified ceremony in which Dr. Esdaile initiated the President into his office. We ventured last month to refer to the quality of the retiring President's occasional speeches. That at Birmingham was a masterpiece of apparently unstudied ceremonial speech‐making. No doubt it will be available elsewhere. Those who spoke—from the Lord Mayor, who chaired the meeting, to Mr. Duncan Gray, who returned thanks for the Lord Mayor's hospitality— rose to an occasion on which all was pleasant and unjarred by any slip or inharmonious note. It was a happy augury for the year to come.

The unloved Act of Union between the British and Irish Parliaments in 1800 which constituted the United Kingdom of Great Britain and Ireland had within it the seeds of its own unhappiness, if not its destruction. There was an element of schizophrenia about it, for while Ireland was integrated with Britain, specific Irish functions were retained, such as the Viceregal Court, local patronage, and the local government of the Protestant Ascendancy. Indeed the deal was done with one section of the community only; it did not solve the question whether Ireland was an annexed colony of a full part of Britain.

When Yeats wrote Reveries over Childhood and Youth in 1914 he dedicated the book to “those few people, mainly personal friends who have read all that I have written.”

The Carnegie United Kingdom Trust was formed by Andrew Carnegie under a Trust Deed, replaced later by a Royal Charter, to continue his benefactions for public library facilities and for encouraging the appreciation of music. In the Deed the Trustees were bidden to be pioneers and were reminded by the donor that “new needs are constantly arising as the masses advance”. The following is an account of how the Trustees fulfilled their charge, so far as libraries are concerned, during the early years of the Trust.

IF I say that I knew Edmund Gosse, I mean merely that I once persuaded him to address the Library Assistants' Association. Later we exchanged a few letters on poetry. He came, a white‐haired, pink‐faced, portly man in the middle fifties, well‐groomed, and of that old‐world stately type which almost, but not quite, ascends to pomposity; sure of himself, as one who was accepted as the first of literary critics had a right to be. He appealed to us to work, light‐heartedly, under the aegis of that god most benign to literature and books, Mercury, and to forsake the gloomy influences which he thought pervaded our writings. That was after a rapid study of The Library Assistant of 1906.

A GRATIFYING sign of the times is the apparent activity among the several branch library associations, an activity that is very necessary in view of likely library developments of the near future. In addition to the usual sectional meetings, a feature in recent years has been the joint Summer meetings provided by the North Central, North Western and the North Midland Library Associations. These meetings have been held at Derby, Buxton, and Chester, and this year's, we understand, is now being organised to take place at Harrogate, probably this month.

WE are informed that a sufficient number of people have decided to participate in the visit to Paris at Easter to ensure the success of the project. We are asked to announce that further entries can be received until the end of this month, when the list will be closed definitely. The visit is a weekend one, costing seven guineas, a not unreasonable price nowadays, seeing that it covers everything. The headquarters will be the American Library in Paris, one of the most interesting libraries in Europe.

I reexamine the conflicting results in Frank, Lynch, and Rego (2009) and Lennox, Lisowsky, and Pittman (2013). Frank et al. (2009) conclude that firms can manage book income upward and taxable income downward in the same period, implying a positive relation between aggressive book and tax reporting. Lennox et al. (2013) conclude the relation is negative and aggressive book reporting informs users that aggressive tax reporting is less likely. I identify four key differences in the research designs across the two studies, including measures of aggressive book reporting, measures of aggressive tax reporting, sample time periods, and empirical models. I systematically examine whether each of these differences is responsible for the conflicting results by altering the key difference while holding other factors as constant as possible. I find the relation between aggressive book and tax reporting is driven by the measure of aggressive book reporting, as the relation is positive for some subsets of firms and negative for others. Firms accused of financial statement fraud have a negative relation while nonfraud firms exhibit a positive relation. Using discretionary accruals, I also look for, but do not find a “pivot point” in the relation between aggressive book and tax reporting. I provide a better understanding of the relation between aggressive book and tax reporting by identifying research design choices that are responsible for prior results. I show that measures of both discretionary accruals and financial statement fraud are necessary to gain a more complete picture of the relation between aggressive book and tax reporting.

We examine the relationship between tax-related accounting misstatements and changes in the uncertain tax benefits accrual account in the year of the disclosure of a misstatement. We find that the disclosure of a tax-related misstatement is associated with an increase in unrecognized tax benefits during that year. We show that the increase in unrecognized tax benefits in the year of disclosure is from uncertain tax positions taken in prior periods. Overall, this finding is consistent with increase in financial reporting conservatism upon disclosure of tax-related accounting misstatement.