Category: Salaries

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Chicago. Instructional Staff Salaries by Rank, 1919

 

The following transcription of a draft copy of a report on the University of Chicago salary scale for instructional staff from ca. 1919 is interesting because it begins with a brief chronology of the salary scale from the founding of the University of Chicago to the time of the report. Since pay raises were being recommended, figures are given for other universities for comparison. The ratio between a Head professor to a beginning assistant professor was 3.5 to 1 during the early years of the University of Chicago. The compression was relatively minor by 1919, with the committee recommending a ratio of 3.33 to 1. For nearly  the first thirty years the top salary for a professor at the University of Chicago was $7000.

Handwritten additions to the draft are indicated by the use of italics in the transcription that follows.

________________

REPORT OF SPECIAL COMMITTEE ON SALARY SCALE

The Board of Trustees,
The University of Chicago,

Gentlemen:

The Committee appointed at the May meeting of the Board herewith submits the following report on the scale of salaries in the teaching staff of the University with recommendations for the modifications of the same.

At the time of the organization of the University in the autumn of 1891, the following scale of salaries was informally determined:

Head Professor, $4000, to $5000.
Professor, $3000.
Associate Professor, $2500.
Assistant Professor, for a four year term, $2000.
Instructor, for a three year term, $1200, $1400, $1600.
Associate, for a two year term, $1000, $1100.

            In the minutes of the Board there is no record of this definite scale, which the various actions recorded implied. At the November meeting, 1891, the salary of the Head Professors was fixed at $6000. At the December meeting, 1891, it was increased to $7000. This change in the salary of a Head Professor, was due to obvious circumstances connected with securing suitable men for the new institution. No change was made in the rest of the scale.

In 1894 and thereafter new Head Professors were appointed, but on the original scale of $4000 to $5000. It thus appears, although not specifically recorded in the minutes of the Board, that the $7000 salaries were merely adapted at the organization of the University as a temporary expedient.

In 1907 the salary question was again taken into consideration by the Board. It was plain that the salary of a Professor, $3000, was too low, and that a general reorganization was desirable. At the meeting of the Board in December, 1907, it was tentatively agreed, 1st: that for members of the permanent staff in each of the three grades a maximum and a minimum salary shall be fixed, and that for any individual within those grades the exact salary paid shall depend, not on the time of service, but on the discretion of the Board, and, 2nd: that for members of the Faculty appointed for a term of years, a maximum and a minimum salary shall be fixed, with advances depending on term of service.

At the meeting of the Board in January, 1908, the following salary scale was enacted:

Heads of Departments, maximum [sic] $4000, minimum [sic], $6000.
Professors not Heads of Departments, Minimum, $3000; Maximum, $4500.
Associate Professor, Minimum, $2500; Maximum, $3000.
Assistant Professor, four years, $2000; On reappointment, $2500.
Instructors, three years, $1200, $1400, $1600; On reappointment, $1800.
Associates, two years, $1000 to $1200.

*  * *  *  *  *

            At the meeting of the Board in January, 1911, it was voted that thereafter the administration of Departments should ordinarily be conducted by a chairman, to be appointed by the President, to serve three years, at the end of which term a new Chairman shall be appointed or the same one reappointed.

At the meeting in February, 1908, action was taken ratifying the action of the Trustees of the Baptist Theological Union, of the previous day. Scale of salaries in the Divinity School was enacted as follows:

Heads of Departments, Minimum, $3500; Maximum, $4500.
Professors not Heads of Departments, Minimum, $3000; Maximum, $4000.

            The remaining scale as in the Faculties of Arts, Literature, and Science.

It was also voted that salaries paid or ranks given to members of a Department shall be determined without reference to the method of departmental administration, and that whenever the interest of the University seems to make it desirable, more than one person in the same Department may be given the maximum rank and salary.

Considering conditions relative to the cost of living, it becomes desirable now in all institutions of learning so far as practicable to provide larger salaries. This matter is receiving similar consideration throughout the country. In the University of Michigan the State Legislature made an additional appropriation of $300,000.00 at its last session for the purpose of increasing salaries. The scale was altered for Professors from the former rate of minimum $2500 and maximum $4000, to a minimum of $3200 and a maximum usually of $5000. Several have been advanced to $5500, and a small number to $6000. The increase in the salaries of Professors has reached an average of approximately 25%. Associate Professors have been advanced from a scale of $2100 to $2400, to a scale of $2800 to $3100, the advance in individual cases being about twenty five percent.

Assistant Professors are advanced from a scale of $1500 to $2000, to a scale of $2200 to $2700, the increase being about 30%.

Instructors are advanced from a scale of $900 to $1600, to a scale of $1300 to $2100, an increase of about 30%.

In Yale University the salary of an Associate Professor isadvanced to $3500, being about 30% increase. The salary of Assistant Professors isadvanced to $2500 for three years and $3000 for two additional years, or about 20%. Instructors for four years have salaries ranging from $1250 to $2000, at an increase of 25%. In the Law School the maximum for Professors isadvanced from $7000 to $7500. The present scale for Professors is at a minimum of $4000 and a maximum of $6000. It is intended to increase that in the autumn at a probable rate of about 25% in individual cases. The new maximum is therefore not yet enacted.

In Harvard the present scale of Professors salaries has a minimum of $4000 and a maximum of $5500; Associate Professors at $3500—after five years service—$4000; Assistant Professors, for the first five years, $2500, for the second five years, $3000; Instructors ranging from $1000 to $1500. Harvard is engaged in a plan for raising an $11,000,000 endowment, the greater part of which is to be used for salaries.

Columbia University has not an exact scale. Professors’ salaries range from $4000 to $15,000. There are twenty receiving a salary of $6000, eight a salary of $6500 to $7000. Those whose salaries are above $7000 are mostly in professional schools. There are thirty with a salary of $5000. No immediate change in the salary scale is contemplated.

In the University of Pennsylvania the maximum for a full time professorship is $8000. As a matter of fact there are very few whose salaries are $6000, or more. It is intended to make an increase of 20% for all receiving $4000 or $6000, 10% for all receiving over $6000, and 20% for all receiving less than $4000. This increase is to come into effect in the autumn of 1919.

Under all the circumstances and with the funds available from the present income of the University the committee recommends the following:

PROPOSED NEW SCALE.

            In the Faculties of Arts, Literature and Sciences.

Professor, Minimum, $4000; Maximum, $7000.
Associate Professor, Minimum, $3000; Maximum, $3600.
Assistant Professor, Minimum, $2100; Maximum, $2700.
Instructors, for three years, $1500, $1600, $1700. On reappointment to a maximum of $2000.
Associates, for two years, $1200, $1300.

            In the Faculty of the Divinity School.

Professor, Minimum, $4000; Maximum, $5000.
Other ranks as in Arts, Literature and Science.

            In the Faculty of the Law School.

Professor, Minimum of $6000, increased by $500 at the end of each three years of satisfactory service to a maximum of $8500. For Assistant and Associate Professors no change. These last appointments in the Law School are usually temporary and a considerable flexibility is desirable. It is recommended that for the Faculty of the Law School the new scale take effect fro the fiscal year 1920-1921. It will involve an addition of $5250 to the budget of that year over the present budget of 1919-1920.

Respectfully Submitted
[Signed] M. A. Ryerson
H. G. Grey
H. P. Judson

Source: University of Chicago Archives. Office of the President. Harper, Judson and Burton Administrations. Records. Box 76. Folder: 4, “Salaries, 1916-1920”.

 

Image Source: 1894 University of Chicago Convocation. University of Chicago Photographic Archive, apf3-00416, Special Collections Research Center, University of Chicago Library.

 

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Berkeley Carnegie Institute of Technology Chicago Columbia Cornell Duke Economist Market Harvard Illinois Indiana Iowa Johns Hopkins M.I.T. Michigan Minnesota Northwestern Princeton Salaries Stanford UCLA Virginia Wisconsin Yale

Economics Faculty Salaries for 15 U.S. universities. Hart Memo, April 1961

 

Here we have a memo written by member of the Columbia University economics department executive committee, Albert G. Hart, that presents the results of what appears to be his informal polling of the chairpersons of 21 departments. Fifteen of the departments provided the salary ranges at four different ranks. No further details are provided, this one page memo was simply filed away in a folder marked “memoranda”. Maybe there is more to be found in Hart’s papers at Columbia University. Up to now I have only sampled Hart’s papers for teaching materials and perhaps next time, I’ll need to look into his papers dealing with departmental administrative affairs.

For a glance at salaries about a half-century earlier:  Professors and instructors’ salaries ca. 1907. 

________________

AGH [Albert Gailord Hart] 4/21/61

CONFIDENTIAL information on economic salaries, 1960-61, from chairmen of departments

Institution

 Professors Associate professors Assistant professors

Instructors
Harvard

$12,000-22,000

 $9,000-12,000 $7,500-8,700

$6,500
Princeton

$12,000-…?…

 $9,000-11,500 $7,000-8,750

$6,000-6,750
California

$11,700-21,000

 $8,940-10,344 $7,008-8,112

$5,916-6,360
MIT

$11,000-20,000

 $8,000-11,000 $6,500-9,000

$5,500-5,750
Minnesota

$11,000-18,000

 $8,500-11,000 $6,800-8,400

?
COLUMBIA

$11,000-20,000

 $8,500-10,000 $6,500-7,500

$5,500-5,750
Northwestern

$11,000-…?…

 $8,000-11,000 $6,800-7,500

?
Duke

$11,400-16,000

 $8,200-10,000 $7,200-8,200

$5,800-6,500
Illinois

$11,000-15,000

 $7,500-10,000 $6,900-8,600

$6,500-7,100
Cornell

$10,000-15,000

 $8,000-10,000 $6,500-7,500

$5,500-6,500
Indiana

$10,000-14,800

 $8,300-10,000 $6,500-7,500

?
Michigan

$10,000-…?…

 $8,700-..9,500 $6,600-8,000

$5,000
Virginia

$..9,800-15,000

 $7,800-..9,800 $6,600-7,800

?
Wisconsin

$..9,240-16,150

 $8,000-..9,000 $6,550-8,460

$5,250-5,450
Iowa State (Ames)

$..8,500-13,000

 $7,500-..8,500 $6,700-8,000

$4,700-6,600

[…]

Note: The following institutions for which data were not included in the source materials are believed to pay their economists at scales at or above the Columbia level:

Carnegie Tech
Chicago
Johns Hopkins
Stanford
Yale
UCLA

[…]

 

Source:  Columbia University Archives. Columbia University, Department of Economics Collection. Carl Shoup Materials: Box 11, Folder: “Economics—Memoranda”.

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Columbia Regulations Research Tip Salaries

Columbia. Excerpts from annual faculty meeting. GRE’s, Math, Salaries discussed, 1951

 

 

The Department of Economics at Columbia University was a constituent element of the Faculty of Political Science from its earliest days. The Columbia University Archives have a long series of bound, typed minutes of the Faculty of Political Science and some of its committee meetings [Research tip: these bound volumes run from 1897 to at least 1957, when I approached the end of my project’s historical window].  I have somewhat randomly selected today’s transcription. The meeting had four items directly relevant to the greater project of chronicling the education of economists (i.e., about four items above the mode) and a relatively descriptive account of presentation and debate. When the discussion turned to a motion to replace a foreign language with a math requirement, the secretary of the Faculty, Professor Barzun, threw in the towel as keeper of the minutes: “From this point forward the discussion became at once so lively and so subtle that the Secretary was unable to keep up with it, and can provide only a feeble rendering of its reality.”

_____________________

FACULTY OF POLITICAL SCIENCE
April 27, 1951

The annual meeting of the Faculty of Political Science was held on April 27, 1951, at 4:10 P.M. in the Trustees’ Room.

Roll Call
[p. 1035]

Present:

Vice President Kirk
Dean Krout
Professors Anderson, Angell, Barzun, Bergson, Bonbright, Burns (A.F.), Burns (A.R.), Clark, Dorfman, Davis, Evans, Florinsky, Fox, Goodrich (Carter), Goodrich (L.M.), Greenberg, Hunt, Lazarsfeld, Lerner, Mattingly, Mills, Miner, Merton, Macmahon, Nurkse, Orchard, Peffer, Scheffé, Shoup, Strong, Steward, Stigler, Vickrey, Wagley, Wallace, Wilbur, Wolfowitz, Wuorinen.

Absent:

Professors Abel, Aly, Barghoorn, Baron, Berle, Brebner, Brunner, Carman, Clough, Commager, Dowling, Einaudi, Gellhorn, Haig, Hart, Haas, Hazard, Ho, Holborn, Jessup, Kroeber, Lehmann, Lipset, Lissitzyn, Lynd, MacIver, McNeill, Malone, Millett, Moley, Morris, Mosely, Neumann, Niebuhr, Nevins, Odlozilik, Pearden, Pennock, Polanyi, Robinson, Rogers, Saulnier, Sayre, Schuyler, Shapiro, Szeftel, Tannenbaum, Thomson, Truman, Westermann, Wolman.

[…]

Re-admission of graduate students
[p. 1036]

Dean Krout proposed the resolution of the Joint Committee on Graduate Instruction concerning the readmission of graduate students, as follows:

RESOLVED, That any former graduate student who seeks re-admission for work in residence at a date more than five years following his latest residence, must have his earlier academic work re-evaluated and his essay or dissertation subject reconsidered, either prior to readmission, or during the first semester of renewed residence. The credit which such students shall receive shall be determined by the Admissions Office on the recommendation of the Department concerned.

In the case of a former graduate student who makes application for the final examination in defense of his dissertation, at a date more than five years following his latest residence, the department concerned may require a similar re-evaluation.

It was passed unanimously without discussion.

[…]

Salary Report (of Committee of Six)
[p. 1038]

Speaking for the Committee of Six representing the three Graduate Faculties, Professor Stigler spoke briefly about the Report on University Salaries, copies of which had been previously sent to all members of the Faculty. He again stressed the fact that the role of the Committee was not to recommend a salary schedule, nor to cope with the difficulties of financing, but simply to report comparative findings. He pointed out the inadequacy of data for the period 1914-1930, but expressed confidence in the statistical results for the period 1930-1950. “We have now reached”, he said, “the lowest point of the entire stretch, and a remedial rise, to be significant, would have to be about 20% generally, and relatively higher for the lower ranks”.

Professor Carter Goodrich moved approval of the general thesis of the report, namely, that it is of the utmost importance to the academic standing of the University that our competitive position expressed through our salary scale be maintained.

The motion was unanimously approved.


Requirement of Graduate Record Examination for admission rescinded
[p. 1039]

Professor Carter Goodrich offered a resolution for the Committee on Instruction regarding the Graduate Record Examination. In discussion he gave a brief history of the requirement and referred to published survey showing that college grades offer a better means of predicting success in Graduate Studies than the examination. Moreover, the Examination costs the student $13.00 and three afternoons, which seems a lavish expenditure for an uncertain measure of prophecy. The Faculty unanimously voted to rescind the requirement.

 

Proposal of Dep’t. of Sociology to substitute Mathematics for one foreign language as a Ph.D. requirement
[pp. 1039-1040]

Professor Lazarsfeld offered a resolution to permit students in Sociology and Economics to substitute Mathematics for one of the two foreign languages normally required for the Ph.D. degree. In the discussion Professor Wuorinen asked to be enlightened on the tendency of the motion. The answer was that Mathematics is a language and one far more necessary to the statistical student of society than any of the languages that consist of words.

Professor Evans opposed the motion on two grounds: first, the principle that all Doctors of Philosophy in Columbia University are rightly deemed able to use the literature of their fields in two foreign languages besides their own; second, the technicality that any change in the requirement must be approved by all three Faculties.

From this point forward the discussion became at once so lively and so subtle that the Secretary was unable to keep up with it, and can provide only a feeble rendering of its reality. Professor Angell urged the far greater range of ideas available in his field through mathematical formulations; Professor Bonbright uttered the suspicion that our language requirement was not really effective, and implied that a mathematics requirement would be. Dean Krout rose to reinforce Professor Evans’ point that we could not take separate action as a Faculty.

Professor Evans introduced an amendment of which the effect was to reduce the requirement to one language for all fields. The amendment was not accepted by the first mover and Professor ANGELL called for a test vote on the original motion. It was carried 25-10; but given the Faculty lack of power to act independently on this matter, Professor Angell moved the appointment of a committee to reconsider the language requirement for the Ph.D. degree. This suggestion was powerless to stem the debate. Professor Stigler urged that all departments be treated equally. Professor Wuorinen questioned the relevance of mathematics to the purpose served by the linguistic equipment. Professor Davis wondered how much mathematics would equal one language. Dean Krout likewise wished to know what would be meant by “mathematics”. Professor Lazarsfeld replied that a committee exists and has expressed itself on the nature of the mathematical equipment required by social scientists. Professor Angell revealed that the Department of Economics has the specifications all worked out. Professors Macmahon and Shoup both agreed in considering mathematics a language and raised the spectre of a three-language requirement.

Finally the question was called for, and Professor Angell’s motion to appoint a committee was passed 26-9.

[…]

The meeting adjourned at 5:35 P.M.

Respectfully submitted
[signed]
Jacques Barzun
Secretary

 

Source: Columbia University Archive, Minutes of the Faculty of Political Science, 1950-1962. pp.1035-1042.

Categories
Barnard Columbia Economists Gender Salaries

Columbia. Pay raise for Barnard lecturer Clara Eliot supported, 1941

 

Columbia economics Ph.D. alumna (1926), Clara Eliot published her dissertation as The Farmer’s Campaign for Credit (New York: D. Appleton, 1927). Looking at the Columbia Department of Economics budget proposal from 1941, I saw a statement of support for a salary increase for Clara Eliot and promotion to the rank of assistant professor at Barnard. A brief annex to the budget introduces Eliot. I have added at the end of the post her 1976 New York Times’ obituary to round out her life story.

Since I was looking at Columbia economists’ salaries, I thought it worth seeing how her actual 1941-42 salary of $2,700 and the proposed assistant professor salary for 1942-43 of $3,600 fit into the structure of salaries paid to men at those ranks. It turns out (see the attached budget lines for lecturers and assistant professors), there was salary parity at both ranks. I have been unable to confirm yet whether Clara Eliot actually got her promotion with that pay raise at Barnard then.

The other woman economist, Eveline M. Burns, and her husband Arthur R. Burns were both quite unhappy with the ceilings to their respective advancement in 1940/41. Their story is worth a future post or two. Today is dedicated to Clara Eliot.

_____________________________________

Women in the Columbia Economics Department Budget Proposal
November 26, 1941

[…]

(2) Last year my colleagues directed me to inform Dr. Eveline M. Burns that they found themselves unable to offer her any ground for hope that she could be granted professorial status and she indicated her unwillingness to continue on the basis of a full-time lecturer at the stipend available (viz., $3,000). Thereupon a temporary arrangement was entered into for part-time service for the current academic year, with the specification that no commitment was implied beyond June, 1942. In this budget letter it is recommended that the connection of Dr. Burns with the Department be terminated at that date. The question of the future of her field of social insurance in the departmental plans is being studied by the Mitchell Committee mentioned above. Moreover, this is a field in which the School of Business has an interest…It is therefore suggested that for the present the sum that has in previous budgets been allocated to Dr. Burns be tentatively reserved pending the formulation of a definite proposal which should be forthcoming within perhaps a fortnight [reduced from $2,500 to $2,300 reserve in final budget].

[…]

Should the Barnard budget, when submitted, include a recommendation that recognition be given Clara Eliot, such a recommendation would be supported by the department to the extent of promotion to an assistant professorship and an increase in salary of $900 (Miss Eliot is now a lecturer in Barnard College at $2, 700).

(See Annex G)

[…]

ANNEX G

Statement concerning the Professional Preparation
and Experience of Clara Eliot

 

A. B. 1917, Reed College (major in sociology)

1917-1918, Instructor in Sociology, Mills College, Calif.

1918-20, Research Assistant to Prof. Irving Fisher, Yale Univ.

1920-23, Assistant in Economics, Barnard College (salary, $1,000)

1923-28, Instructor in Economics, Barnard College
(salary: 1923-25, $2,000; 1925-27, $2,200; 1927-28, $2,400)

1926, Ph.D. in Economics granted by Columbia.

1928-29 On leave without pay, travel and study abroad — in Germany and Austria.

1929-36, Lecturer in Economics, Barnard (part-time) (salary, $1,200)

From April 1st, leave of absence without pay to join the Consumer Purchases Study (on a salary basis of $5,600). Despite urging by Dr. Monroe, Chief of the Economics Division of the Bureau of Home Economics, leave could not be continued in the Fall because of the situation in the Barnard Department, with others on leave or ill)

1936—to date, Lecturer in Economics , Barnard College (full-time)
(salary: 1936-37, $2,400; 1937-40, $2,400; 1940-41, $2,700)

 

Projected research:

  1. An analysis of family expenditure data (scale of urgency, “income elasticity of demand”, etc.).
  2. Compiling of materials for use in connection with an introductory course in statistics, non-mathematical, stressing the possibilities and limitations of the quantitative method, stating hypotheses in quantitative terms, illustrating problems of interpretation, relating statistics to logic.

 

Source: Department of economics budget proposal for 1942-43 (dated November 26, 1941) submitted to Columbia University President Nicholas Murray Butler by Robert M. Haig, Chairman, Department of Economics (pp. 2, 6 and Appendix G). Columbia University Archives. Central Files 1890-. Box 386, Folder “Haig, Robert Murray 7/1941—6/1942”.

_____________________________________

ANNEX A

DEPARTMENT OF ECONOMICS
The [Revised] Budget as Adopted for 1941-1942
Compared with the Budget as Proposed for 1941-1942.
December 30

 

Office or Item

 Incumbent 1941-1942
Appropriations

1942-43
Proposals
Assistant Professor Arthur R. Burns

$4,500

$5,0001
Assistant Professor Robert L. Carey

$3,600

$3,600
Assistant Professor Boris M. Stanfield

$3,600

$3,600
Assistant Professor Joseph Dorfman

$3,600

$3,600

1Promotion to rank of associate professor recommended.

 

Office or Item

 Incumbent 1941-1942
Appropriations

1942-43
Proposals
Lecturer Carl T. Schmidt

$3,000

$3,000
Lecturer (Winter Session) Robert Valeur

($1,500)

—
Lecturer Eveline M. Burns

$2,500

—1
Lecturer Louis M. Hacker

$3,000

$3,6002
Lecturer Michael T. Florinsky

$2,700

$3,000
Lecturer Abraham Wald

$3,000

$3,6004

1Not to be reappointed.
2Promotion to rank of assistant professor recommended.
3 Promotion to rank of assistant professor recommended.

 

Source: Department of economics revised budget proposal for 1942-43 (dated December 30, 1941) submitted to Columbia University President Nicholas Murray Butler by Robert M. Haig, Chairman, Department of Economics. Columbia University Archives. Central Files 1890-. Box 386, Folder “Haig, Robert Murray 7/1941—6/1942”.

 

_____________________________________

Clara Eliot (1896-1976)

Prof. Clara Eliot, who taught economics and statistics at Barnard College, Columbia University, for almost 40 years until her retirement in 1961, died Saturday in Palo Alto, Calif. She was 80 years old.

Dr. Eliot, who used her maiden name professionally, was the wife of Dr. Robert Bruce Raup, professor emeritus of philosophy of education at Teachers College, Columbia University.

Dr. Eliot contributed to research in consumer economics. She was the author of “The Farmer’s Campaign for Credit,” a study of basic issues in credit theory as they were involved in United States agricultural policies early in this century.

She graduated from Reed College in 1917 and received her doctorate from Columbia in 1926. After teaching at Mills College in 1917-18 she was economics secretary to Prof. Irving Fisher at Yale University from 1918 to 1920.

Surviving, besides her husband, are a son, Robert B. Raup Jr.; three daughters, Joan R. Rosenblatt, Ruth R. Johnson and Charlotte R. Cremin; two brothers, a sister and eight grandchildren.

Source:  New York Times, January 19, 1976 (page 32).

Image Source: Barnard College, Mortarboard 1950.

 

 

Categories
Columbia Economists Harvard Michigan Salaries

Columbia. Appointment of James Waterhouse Angell, 1924

 

The head of the Columbia University economics department, Edwin R. A. Seligman, invested considerable effort in recruiting James Waterhouse Angell in 1924. The items below come from central administration files. There are also several letters back-and-forth between Seligman and Angell in Seligman’s papers (saved for a later posting). Clearly Angell was a red-hot prospect with “a very charming little woman” spouse.

____________________

Columbia University
in the city of New York
Faculty of Political Science

March 20, 1924.

Dean F. J. E. Woodbridge,
University Hall.

My dear Dean Woodbridge:

Following up the recommendations in my budget letter for the new Professorship in the Department of Economics, I beg to state that after much investigation and consideration the Department of Economics has come to the unanimous conclusion to recommend Dr. James Waterhouse Angell Jr. [sic, “ Jr.” is incorrect], of Harvard University, the son of President Angell of Yale University and the grandson of President Angell of the University of Michigan. Dr. Angell is a younger man, but in our opinion an abler man, than any of the others that we have considered. He is at present instructor in Harvard University, and has been offered a promotion there for next year and he has also been offered a full Professorship at the University of Michigan. On account of his comparative youth, however, we preferred to offer him, in a tentative way, only a Lectureship, at a salary of three thousand dollars, although with the distinct understanding that if he made good, he would be recommended for promotion, first in salary, and then in rank. Dr. Angell will make a distinct sacrifice—and as compared with the Michigan offer a very considerable sacrifice—in accepting our offer; but he would be very glad to accept such an offer from us because of the opportunities for research and advanced work.

Dr. Angell has had an interesting career. He has an A. B. from Harvard in 1918 and has since then received the degree of both A.M. and Ph.D. He was also Kirkland Fellow at Harvard and the incumbent of the Sheldon Traveling Fellowship at Harvard. He was assistant at the University of Chicago, 1918-1920, tutor in the Division of History, Government, and Economics at Harvard, 1921-22, and is at present instructor in Economics. Professors Young and Ripley agree in saying that Dr. Angell is the ablest student in Economics that they have ever had, and Professor Taussig and his other colleagues have an equally high opinion of him. Dr. Angell has written several articles of a very high order of merit in the Journal of Political Economy [“The Illinois Blue Sky Law”] and the Quarterly Journal of Economics [“International Trade under Inconvertible Paper”], and his Doctor’s thesis is entitled “The Theory of International Prices and its History”.

If Dr. Angell comes to us he proposes to devote his energies to the general subjects of International Trade and International Investments, which are precisely the topics mentioned in my budget letter as constituting the most serious gap now existing in the University. It is the judgment of the Department of Economics that there is no one in the country better calculated to do good work in this subject than Dr. Angell and I may add that the recommendation of the Department has already been unanimously approved by the Committee on Instruction of the Faculty of Political Science. Dr. Angell has a very pleasing personality and has recently married, as we are informed, a very charming wife.

I should like to urge favorable action on our recommendation, not only because we shall thus be filling a long-felt gap in the Department, but because, with the impending absence next year of Professor Seager, an additional instructor in the Department of Economics becomes imperatively necessary.

Now that Professor Chaddock is to go over to the Department of Sociology, — a transfer that is being made with the full assent of the Department of Economics, it will become absolutely impossible for Professor Mitchell, Professor Simkhovitch, and myself to attend next year to the administrative work of the Department and the needs of our graduate students. At no time in the past few decades have we felt the pressure of work as we are feeling it now and unless this addition is made to our forces, either our scientific work or the carrying on of our academic duties will be seriously jeopardized.

I venture, therefore, to hope that the recommendation of the Department will be approved. If the approval can take place speedily there will yet be time to insert the announcement of the new courses in the forthcoming bulletin, which will be of considerable advantage in attracting students who are interested in that particular field of international economic relations.

Respectfully,
[signed]
Edwin R. A. Seligman

__________________________

 

Columbia University
in the City of New York
Faculty of Political Science

April 16, 1924

President Nicholas Murray Butler,
Columbia University.

My dear Mr. President:

I have received word from Dean Woodbridge of the approval of the Angell proposition by the committee on education and the committee of finance of the Trustees. I want to thank you personally for your kindness in this entire matter and I want to express the confident expectation that young Angell will make good. His wife is a very charming little woman and took tea with us the other day.

With kind regards,

Faithfully yours,
[signed]
Edwin R. A. Seligman

__________________________

May 14, 1924

Professor E.R.A. Seligman

Department of Economics

Dear Professor Seligman:

I beg to advise you that at the meeting of the trustees held on May 5, the Budget for the Department of Economics for the next academic year was amended by inserting provision for a Lecturer in Economics at $3,000, and that Dr. James Waterhouse Angell, Jr. [sic, “ Jr.” is incorrect] was appointed to this post for the academic year 1924-25.

Very truly yours,

Frank D. Fackenthal

Source: Columbia University Archives. Central Files. Box 338; Folder 16, “Seligman, Edwin Robert Anderson”

Image Source: College Photo of James Waterhouse Angell in Harvard Class of 1918, Twenty-fifth Anniversary Report. Cambridge: 1943.

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Economics Professors’ Salaries by Rank (6), 1965-66

 

 

This is the sixth table from the so-called “Cartel” summary report from December 1965 of 9-10 month salaries paid in U.S. economics departments. In the previous five tables The Cartel reports median or average incomes or ranges of salary offers by ranks across departments. In this posting we have Table 6c from the summary report that gives the salary distributions by rank for 335 professors, 143 associate professors and 185 assistant professors from all 27 departments.

Earlier postings gave the distribution for full-professors, the distribution for associate professors, and the distribution for assistant professors across departments. Two previous postings have the actual distributions for entering salaries for new Ph.D.’s for 1964-65 and 1965-66 and the anticipated range of salary offers for new Ph.D.’s for 1966-67.

Refer to the first posting in this series of tables for information about the compiler Professor Francis Boddy of the University of Minnesota and a list of the 30 departments belonging to the Chairmen’s Group.

Using the BLS web CPI Inflation calculator, one can inflate nominal levels (say for December 1965, the date of the report) to April 2017 using a factor of 7.69.

 

____________________

TABLE 6c

Salaries of Economists (9-10 month, academic year, 1965-66) in 27 of the 29 Departments of Economics (The Cartel):
N = Number of Persons

MID POINT OF RANGE PROFESSORS ASSOCIATE PROFESSORS ASSISTANT PROFESSORS
26,750/and over 2
26,500 0
26,000 2
25,500 1
25,000 8
24,500 0
24,000 4
23,500 2
23,000 7
22,500 2
22,000 12
21,500 7
21,000 10
20,500 5
2,0000 22
19,500 10
19,000 13
18,500 11
18,000 24
17,500 8
17,000 19
16,500 23
16,000 27
15,500 20 1 0
15,000 21 2 1
14,500 14 2 0
14,000 22 10 0
13,500 10 12 0
13,000 10 13 1
12,500 7 18 2
12,000 6 20 1
11,500 3 21 7
11,000 3 13 9
10,500 0 18 18
10,000 0 9 35
9,750 1 9
9,500 2 28
9,250 1 11
9,000 0 24
8,750 0 8
8,500 0 13
8,250 2
8,000 15
7,750 1
N=335 N=143 N=185

 

Source: Johns Hopkins University. The Ferdinand Hamburger, Jr. Archives. Department of Political Economy, Series 5, Box 6, Folder 2 “Statistical Information”.

Image Source:  “Me and my partner” by C. J. Taylor on cover of Punch, December 25, 1889. Library of Congress Prints and Photographs Division Washington, D.C.

 

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Expected New PhD Starting Salaries in U.S. Economics Departments (5), 1966/67

 

 

This is the fifth table from the so-called “Cartel” summary report from December 1965 of 9-10 month salaries paid in U.S. economics departments. Table 5c give figures for the anticipated range of salaries for “freshly completed PhD’s” for the coming academic year (1966-67) across the departments reporting. Earlier postings gave the distribution for full-professors, the distribution for associate professors, and the distribution for assistant professors. The previous posting has the actual distributions for entering salaries for new Ph.D.’s for 1964-65 and 1965-66. Refer to the first posting in this series of tables for information about the compiler Professor Francis Boddy of the University of Minnesota and a list of the 30 departments belonging to the Chairmen’s Group.

The copy of this table in the Johns Hopkins University archives has a useful handwritten addition. It is noted that the median lower bound of the range is $9,250 and the median higher bound of the range is $10,000. Thus one might say a measure of the range of the anticipated, as of December 1965), 9-10 month salary offers for “freshly completed PhDs” for 1966-67 was ($9,250 — $10,000), though such a range was not necessarily anticipated by any one of the 27 departments responding to that question.

Compared to Table 4c, this table tells us that the range of offers for “freshly completed PhDs” was anticipated to move up $250 about a 2.67% nominal increase from 1965-66 to 1966-67.

Using the BLS web CPI Inflation calculator, one can inflate nominal levels (say for December 1965, the date of the report) to April 2017 using a factor of 7.69.

 

____________________

TABLE 5c
Departments Expect to Have to Offer to Get
“Freshly Completed PhD’s for Next Year, 1966-67

 

MID-POINT OF RANGE

 FROM TO
13,000 0

0

12,500

 0 0
12,000 0

1

11,500

 0 0
11,000 0

6

10,500

 0 7
10,000 5

6

9,750

 0 0
9,500 8

4

9,250

 1 0
9,000 8

2

8,750

 1 0
8,500 1

1

8,250

 0 0
8,000 3

0

N=

 27

27

 

Source: Johns Hopkins University. The Ferdinand Hamburger, Jr. Archives. Department of Political Economy, Series 5, Box 6, Folder 2 “Statistical Information”.

Image Source:  Caption under the drawing: “No class of labor feels the grip of grinding monopoly more than our underpaid, overworked ball-players.”  “The base-ball Laocoon” by L. M. Glackens. Cover of Punch, May 14, 1913. Library of Congress Prints and Photographs Division Washington, D.C.

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New PhD Starting Salaries in U.S. Economics Departments (4), 1964/5-1965/66

 

 

This is the fourth table from the so-called “Cartel” summary report from December 1965 of 9-10 month salaries paid in U.S. economics departments. Table 4c give figures for the distribution of salaries for “freshly completed PhD’s” across the departments reporting. Previous postings gave the distribution for full-professors, the distribution for associate professors, and the distribution for assistant professors. The next posting has the anticipated (as of December 1965) range of salaries to hire freshly completed PhD’s for the coming academic year, 1966-67. Refer to the first posting in this series of tables for information about the compiler Professor Francis Boddy of the University of Minnesota and a list of the 30 departments belonging to the Chairmen’s Group.

Using the BLS web CPI Inflation calculator, one can inflate nominal levels (say for December 1965, the date of the report) to April 2017 using a factor of 7.69.

______________________

TABLE 4c
Entering Salaries of “Freshly Completed PhD’s” of New Staff Members
in the Fall of 1965-66 1964-65

 

MINIMUM MEDIAN MAXIMUM
MID-POINT OF RANGE 1965-66 1964-65 1965-66 1964-65 1965-66

1964-65

Over 10,999

 0 0 0 0 1 0
10,500 0 0 0 0 2

1

10,000

 2 0 4 3 7 0
9,750 2 0 4 0 1

0

9,500

 4 1 2 0 2 4
9,250 1 2 3 3 1

3

9,000

 3 6 0 5 3 6
8,750 1 1 3 5 0

1

8,500

 4 5 3 5 2 5
8,250 1 1 0 2 0

1

8,000

 2 3 1 0 1 0
7,750 0 0 0 0 0

1

7,500

 0 1 1 2 0 1
7,250 1 1 0 0 0

0

N=

 21 21 21 25 20 23
Median $9,000 $8,500 $9,250 $8,750 $9,750

$9,000

Mean

 $8,952 $8,583 $9,190 $8,820 $9,600

$8,913

 

Source: Johns Hopkins University. The Ferdinand Hamburger, Jr. Archives. Department of Political Economy, Series 5, Box 6, Folder 2 “Statistical Information”.

 

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Assistant Professors’ Salaries in U.S. Economics Departments (3), 1964/5-1965/66

 

 

This is the third table from the so-called “Cartel” summary report from December 1965 of 9-10 month salaries paid in U.S. economics departments. Tables 3c give figures for the distribution of assistant professor salaries across the departments reporting. Last posting gave the distribution for full-professors and the distribution for associate professors. The next posting has the distribution for entering salaries for new Ph.D.’s. Refer to the first posting in this series of tables for information about the compiler Professor Francis Boddy of the University of Minnesota and a list of the 30 departments belonging to the Chairmen’s Group.

Also there is a table of the anticipated (as of December 1965) range of salaries to hire freshly completed PhD’s for the coming academic year, 1966-67.

Using the BLS web CPI Inflation calculator, one can inflate nominal levels (say for December 1965, the date of the report) to April 2017 using a factor of 7.69.

____________________

TABLE 3c
ASSISTANT PROFESSORS 1965-66, 1964-65

(1)
Median Salaries
All Assistant Professors

MID-POINT
OF RANGE

 1965-66 1964-65
Over 11,249 0

1

11,000

 0 0
10,500 3

0

10,000

 7 1
9,750 2

0

9,500

 6 6
9,250 3

2

9,000

 4 5
8,750 1

6

8,500

 1 2
8,250 1

3

8,000

 1 2
7,750 0

0

7,500

 0 0
7,250 0

1

N=

 29 29
Median $9,500

$8,900

Mean

 $9,402

$8,936

 

 

TABLE 3c
ASSISTANT PROFESSORS 1965-66, 1964-65

(2)
Average Salaries
“Superior Assistance Professors”
(Top 1/3)

MID-POINT
OF RANGE

 1965-66 1964-65
Over 11,249 4

1

11,000

 3 2
10,500 8

5

10,000

 7 3
9,750 2

2
9,500 3 4
9,250 0

3

9,000

 1 3
8,750 1

3

8,500

 0 0
8,250 0

2

8,000

 0 0
7,750 0

0

7,500

 0 0
7,250 0

1

N=

  

29

  

29
Median $10,250

$9,500

Mean

 $10,333

$9,575

 

 

TABLE 3c
ASSISTANT PROFESSORS 1965-66, 1964-65

(3)
Average Salaries
“Average Assistant Professors”
(Lower 2/3)

MID-POINT
OF RANGE

 1965-66 1964-65
Over 10,749 0

1

10,500

 1 0
10,000 5

0

9,750

 2 0
9,500 4

3
9,250 7 1
9,000 2

8

8,750

 4 3
8,500 1

5

8,250

 2 3
8,000 1

1

7,750

 0 2
7,500 0

1

7,250

 0 1
N= 29

29

Median

 $9,300 $8,800
Mean $9,251

$9,063

 

Source: Johns Hopkins University. The Ferdinand Hamburger, Jr. Archives. Department of Political Economy, Series 5, Box 6, Folder 2 “Statistical Information”.

Image Source: Brussells conference, cartel magnate (detail). Postcard from 1902. Library of Congress Prints and Photographs Division Washington, D.C. 20540 USA.

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Associate Professors’ Salaries in U.S. Economics Departments (2), 1964/5-1965/66

 

This is the second table from the so-called “Cartel” summary report from December 1965 of 9-10 month salaries paid in U.S. economics departments. Tables 2c give figures for the distribution of associate professor salaries across the departments reporting. Last posting gave the distribution for full-professors. Future postings include the actual salary distributions for assistant professors and freshly completed PhD’s 1964/65 and 1965/66. Refer to the first posting in this series of tables for information about the compiler Professor Francis Boddy of the University of Minnesota and a list of the 30 departments belonging to the Chairmen’s Group.

Also there is a table of the anticipated (as of December 1965) range of salaries to hire freshly completed PhD’s for the coming academic year, 1966-67.

Using the BLS web CPI Inflation calculator, one can inflate nominal levels (say for December 1965, the date of the report) to April 2017 using a factor of 7.69.

____________________

TABLE 2c
ASSOCIATE PROFESSORS 1965-66, 1964-65

(1)
Median Salaries
All Associate Professors

MID-POINT
OF RANGE		 1965-66 1964-65
Over 13,749 3 0
13,500 2 0
13,000 2 1
12,500 6 3
12,000 5 2
11,500 4 3
11,000 3 11
10,500 2 4
10,000 0 0
9,750 0 1
9,500 0 2
N= 27 27
Median $12,000 $11,000
Mean $12,173 $11,093

 

 

TABLE 2c
ASSOCIATE PROFESSORS 1965-66, 1964-65

(2)
Average Salaries
“Superior Associate Professors”
(Top 1/3)

MID-POINT
OF RANGE		 1965-66 1964-65
Over 16,249 0 1
16,000 1 0
15,500 1 0
15,000 2 0
14,500 2 0
14,000 5 2
13,500 6 4
13,000 4 6
12,500 3 3
12,000 0 4
11,500 1 3
 [sic, cell empty] 1 2
 [sic, cell empty] 0 1
N= 26 26
Median $13,000 $12,186
Mean $13,082 $12,159

 

 

TABLE 2c
ASSOCIATE PROFESSORS 1965-66, 1964-65

(3)
Average Salaries
“Average Assoc Professors”
(Lower 2/3)

MID-POINT
OF RANGE		 1965-66 1964-65
14,500 0 0
14,000 1 0
13,500 0 0
13,000 4 1
12,500 4 1
12,000 2 2
11,500 3 2
11,000 7 8
10,500 3 4
10,000 2 4
9,750 0 1
9,500 0 2
9,250 0 0
9,000 0 0
8,750 0 1
8,500 0 0
N= 26 26
Median $11,265 $10,775
Mean $11,640 $10,760

 

Source: Johns Hopkins University. The Ferdinand Hamburger, Jr. Archives. Department of Political Economy, Series 5, Box 6, Folder 2 “Statistical Information”.

Image Source: “The monopolists’ may-pole” by F. Opper.  Centerfold of Puck, vol. 17, no. 425 (April 29, 1885). Library of Congress Prints and Photographs Division Washington, D.C. 20540 USA.