The spread of the modern industrial system has brought with it the modern state, with its millions of consumers, its vast area, its innumerable activities, its complicated code of industrial and commercial law.
English law has largely moulded, for example, criminal and commercial law and the law of evidence; the development of the law of corporations, damages, prohibitions and such extraordinary remedies as the mandamus has been very similar to that in other states; while in the fusion of law and equity, and the law of successions, family relations, &c., the civil law of Spain and France has been unaffected.
Among the newer writers on common and commercial law may be mentioned Wenczal, Zlinsky, ZsgOd, Gustave Schwarz, Alexander Plosz, Francis Nagy and Neumann; on constitutional law, Korbuly, Boncz, Stephen Kiss, Ernest Nagy, Kmety, Arthur Balogh, Ferdinandy, Bela Grunwald, Julius Andrassy and Emeric Ha j nik; on administration, George Fesiis, Kmety and Csiky; on finance, Mariska, Exner and Laszlo.
There are uniform codes of criminal law (Strafgesetzbuch), commercial law and civil law (Burgerliches Gesetzbuch), the last of which came into force on the 1st of January 1900.
Closely connected with the reform of the currency and the codification of the commercial law was the reform of the banking laws.