[author]庞德,R.

[content]

 It may surprise at first thought in this era of liberal law,when the equity dockets of our courts are overloaded and some even think we are in danger of being governed by courts of equity, that any one should assert there is such a phenomenon as the decadence of equity': But we all see

and know that the separate system of equity has been for a long time on the decline, and so much of the substance of law has always been wrapped up in procedure that we should be justified in anticipating……

[keywords]judicial discretion; the fusion of law and equity;the decadence of equity