"Eagle of South, Wolf of North. What can these words mean?"
"The words on the cover, what can it mean? A medal was hidden inside the book."
Last Book Vol. 1 is an item in Resident Evil.
By opening this book, the Medal of Eagle is uncovered.
The book can be found on a shelf inside the Courtyard Study across the hall from the Large Gallery. The door requires the Helmet Key to open. On Advanced or Arrange mode, it is moved to a small room inside the Library, where the player would originally find one of the MO Disks.
The book, as well as its twin, were renamed in the remake, originally being called the "Doom Books"