"...
Because the runes have particular names and these names are unisyllabic words, it is
self evident that the runes -- in distant days of yore -- had the function of a syllabic script,
actually a hieroglyphic system. This is because primal Aryan, like every primal language,
was unisyllabic, and only in later times was it contracted to an alphabetic script, when the
structure of the language proved the hieroglyphic or syllabic script to be too cumbersome.
..."
http://freepdf.info/index.php?post/Von-List-Guido-Secret-of-the-Runes
http://freepdf.info/public/ebook/Von_List_Guido_-_Secret_of_the_Runes.zip