Tag: HP Willis

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Chicago Columbia Economists Gender Wellesley

Chicago. Economics Ph.D. alumna, Anna Prichitt Youngman, 1908

 

This entry in the series “Get to know an economics Ph.D. alumna/us” is dedicated to the life and professional career of Anna Prichitt Youngman, the third woman to receive a Ph.D. in economics from the University of Chicago. I have spent several hours verifying that her middle name is indeed spelled “Prichitt”, though even University of Chicago alumni publications and references have sometimes gotten it wrong as have later historians.

A timeline, a linked list of publications, and miscellaneous artifacts documenting her life, e.g. courses taught at Wellesley and salaries paid her while working at the Federal Reserve Board have been assembeled for this post.

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Barbara Libby provides a brief discussion of Youngman’s more important publications in “Anna Pritchett [sic] Youngman” in A Biographical Dictionary of Women Economists, Robert W. Dimand, Mary Ann Dimand, and Evelyn L. Forget (eds.). Northampton, Mass : Edward Elgar, 2000. Pages 486-489.

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Anna Prichitt Youngman.

1882, August 21. Born in Lexington, Kentucky.
1901. Graduated from Female High School in Louisville, Kentucky. Highest grade point average of her class, winning her a scholarship to University of Chicago.
1904. Ph.B. University of Chicago.
1908. Ph.D. University of Chicago.
1908-14. Instructor in economics, Wellesley College.
1911-2. Winter Semester at the University of Berlin. Later at the University of Frankfurt/Main.  August 1911 to July 1912 in Germany.
1914-20. Associate Professor, Wellesley College.
1919-20. Leave of absence from Wellesley College to work at the Federal Reserve Board.
1920-21. Lecturer in Banking, School of Business, University Extension, Columbia University.
1921-22. Research Assistant, Division of Analysis and Research, Federal Reserve Board;
1922. July 5.  Sailed from New York for a three month trip to Europe: countries listed on passport application were Germany, Austria, Czechoslovakia, Hungary, France, Holland, Belgium, Switzerland, Italy, British Isles.
1924-1933. Editorial writer, Journal of Commerce, 46 Barclay St., New York, N.Y.
1933-52. Editorial Writer, The Washington Post, Washington, D.C.
1974. February 16. Died in Silver Spring, Maryland.
1974. February 21. Buried in Cave Hill Cemetery, Louisville Kentucky

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Publications of Anna Prichitt Youngman

“The Growth of Financial Banking,” Journal of Political Economy, Vol. 14, No. 7 (July, 1906), pp. 435-443.

“The Tendency of Modern Combination. I,” Journal of Political Economy, Vol. 15, No. 4 (April, 1907), pp. 193-208.

“The Tendency of Modern Combination. II,” Journal of Political Economy, Vol. 15, No. 5 (May, 1907), pp. 284-298.

“The Fortune of John Jacob Astor. [I],” Journal of Political Economy, Vol. 16, No. 6 (June, 1908), pp. 345-368.

“The Fortune of John Jacob Astor. II. Investments in Real Estate,” Journal of Political Economy, Vol. 16, No. 7 (July, 1908), pp. 436-441.

“The Fortune of John Jacob Astor. III. Conclusion,” Journal of Political Economy, Vol. 16, No. 8 (October, 1908), pp. 514-530.

The Economic Causes of Great Fortunes [University of Chicago Ph.D. Thesis]. New York: Bankers Publishing, Co., 1909.

The New York Times Saturday Review for February 12, publishes a review of Miss Youngman’s new book which considers the source of some of our large American fortunes. We quote the first paragraph of the review:
“There is nothing feminine about the discussion of the ‘Economic Causes of Great Fortunes,’ by Anna Youngman, Ph.D., (the Bankers’ Publishing Company). She is Professor of Economics in Wellesley College for Women, but she writes as a man to men, rather than as a woman to women…”

Source: Wellesley News (February 16, 1910), p. 6.

“The Tobacco Pools of Kentucky and Tennessee,” Journal of Political Economy, Vol. 18, No. 1 (January, 1910), pp. 34-49.

Review of History of the Great American Fortunes by Gustavus Myers. Journal of Political Economy Vol. 18, No. 8 (October, 1910), pp. 642-643.

Review of Untersuchungen zum Maschinenproblem in der Volkswirtschaftslehre. Ruckblick und Ausblick. Eine dogmengeschichtliche Studie mit besonderer Berücksichtigung der klassischen Schule by Carl Ergang. American Economic ReviewVol. 1, No. 4 (December, 1911), pp. 806-808.

“Frankfort-on-the-Main: A Study in Prussian Communal Finance Part I,” Quarterly Journal of Economics, Vol. 27, No. 1 (November, 1912), pp. 150-201.

“Frankfort-on-the-Main: A Study in Prussian Communal Finance Part II,” Quarterly Journal of Economics, Vol. 27, No. 2 (February, 1913), pp. 329-372.

Review of Der Wandel des Besitzes. Versuch einer Theorie des Reichtums als Organismus by Emaneul Sella (trans. by Dr. Bluwstein). American Economic ReviewVol. 3, No. 3 (September, 1913), pp. 627-629.

Review of Die Lohntheorien von Ad. Smith, Ricardo, J. St. Mill und Marx by Fredinand von Degenfeld-Schonburg. American Economic ReviewVol. 5, No. 1 (March, 1915), p. 55.

“The Revenue System of Kentucky: A Study in State Finance,” Quarterly Journal of Economics, Vol. 32, No. 1 (November, 1917), pp. 142-205.

Review of The Conflict of Tax Laws by Rowland Estcourt. American Economic ReviewVol. 8, No. 4 (December, 1918), pp. 831-832.

“The Efficacy of Changes in the Discount Rates of the Federal Reserve Banks,” American Economic Review, Vol. 11, No. 3 (September 1921), pp. 466-485.

“A Popular Theory of Credit Applied to Credit Policy,” American Economic Review, Vol. 12, No. 3 (September, 1922), pp. 417-446.

Review of Money, Banking and Exchange in India by H. Stanley Jevons. American Economic ReviewVol. 13, No. 3 (September, 1923), pp. 512-513.

Participant in Discussion: Liquidating the War. Proceedings of the Academy of Political Science, Vol. 14, No. 2 (January, 1931), pp. 45-50.

The Federal Reserve System in wartime. National Bureau of Economic Research Occasional Paper No. 21, Jan 1945.

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High School Class Rank

Miss Anna Prichitt Youngman, daughter of Mr. and Mrs. C.A. Youngman, of 1313 Second street, received the highest average of the class of 1901 at the Female High School, and by a unanimous vote of the faculty she was awarded the scholarship at the Chicago University.

Source: The Courier-Journal of Louisville Kentucky (June 8, 1901), p. 6.

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Appointed at Wellesley to succeed Edith Abott in 1908

The fact that Dr. Edith Abbott of the Economics Department has refused reappointment in order to take up research work in Chicago is a source of sincere regret to all who have been brought into contact with her here this year. Miss Abbott will live at Hull House and work in the research department of the Chicago Institute of Social Science.

Dr. Abbott’s successor in the department of Economics is to be Miss Anna Youngman of Louisville, Kentucky. Miss Youngman graduated from the University of Chicago in 1904 and since that time has been doing graduate work in Economics and Political Science. She has held one of the University Fellowships in Political Economy and will receive the Ph.D. degree in June. Miss Youngman’s special studies have been in the line of Trusts and Corporation Finance. During the past year she has published a series of articles in the Journal of Political Economy on “Tendencies in Modern Combination” and her doctor’s thesis on “Great Fortunes” is already in press. Miss Youngman has been assisting in editorial work on the Journal of Political Economy during the past year.

Source: [Wellesley] College News (May 13, 1908), p. 3.

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Berlin and Frankfurt a.M.
Winter Semester, 1911/12

…During her stay at Wellesley, Youngman took time off to study economics at Berlin for the Winter Semester of 1911/12. At Berlin and later at the University of Frankfurt/Main, she concentrated on taxation and banking.
In 1919 Youngman took a leave of absence from Wellesley to work as an economist for the Federal Reserve Board. Youngman then resigned from Wellesley to continue her work with the Federal Reserve Board. From 1924 to 1933 she held a position as an eidtorial writer for the Journal of Commerce in New York City. She left that position to become an editorial writer for the Washington Post, where she remained until her retirement in 1952. At the Post, she wrote columns on financial and business topics. After retiring, Youngman continued to write for the Journal of Commerce.

Source: Sandra L. Singer. Adventures Abroad: North American Women at German-speaking Universities. Contributions in Women’s Studies, Number 201 (Westport, CT: Praeger, 203) p. 141.

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Wellesley College
1912-13
ECONOMICS AND SOCIOLOGY

Professor: Katherine Coman, Ph.B. (on leave 1912-13)
Associate Professor: Emily Greene Balch, B.A.
Instructors: Anna Youngman, Ph.D., Emilie Josephine Hutchinson, M.A.

 

  1. Elements of Economics. I

Open to sophomores, juniors, and seniors, but intended primarily for sophomores. Three hours a week for the year.

Miss Youngman

An introductory course designed to give the student acquaintance with economic facts and training in economic reasoning. Illustrations will be drawn from actual observation of the conditions determining prices, land values, wages, profits, and standards of living. In the second semester, certain legislative problems relating to currency, banking, the tariff, etc., will be discussed in class.

[…]

  1. Statistical Study of Certain Economic Problems. III [not offered 1912-13]

Open to juniors and seniors who have completed two courses in Economics. Three hours a week for the first semester.

Miss Youngman

The course is introduced by lectures on the principles of statistical research. Each member of the class undertakes the investigation of a particular problem, and reports the results of her inquiry in the form of a final paper. Emphasis is placed upon the critical examination of statistical methods.

[…]

  1. The Trust Problem. III.

Open to juniors and seniors who have completed one course in Economics. Three hours a week for the second semester.

Miss Youngman

This course will deal with the various forms of monopolistic organization, the growth of the movement toward large scale production, the history of characteristic combinations, federal and state legislation and judicial decisions relating to the subject, the alleged advantages and evils of trusts, and proposed remedies for the latter.

[…]

  1. Money and Banking. III.

Open to juniors and seniors who have completed one course in Economics. Three hours a week for the first semester.

Miss Youngman

This course deals mainly with the principles of money and banking, but it is also designed to give the student some acquaintance with the history and chief characteristics of typical modern systems of banking.

[…]

  1. Conservation of our Natural Resources. III.

Open to juniors and seniors who have completed two courses in Economics. Three hours a week for the second semester.

Miss Youngman

A consideration of the wastes involved in the exploitation of forests, mineral resources, soil and water power, and the means proposed for scientific conservation. The work of the Department of Agriculture, the Bureau of Forestry, the Reclamation Service, the Bureau of Mines, etc., will be studied in detail.

 

  1. The Distribution of Wealth. III. [not offered 1912-13]

Open to juniors and seniors who have completed course 1 or 15. Three hours a week for the second semester.

Miss Youngman

A discussion of the principles regulating wages, interest, and rent. The course will involve a critical and comparative examination of the distributive theories of such leading exponents of the classical school, as Ricardo, Mills, and Cairnes, and of certain important economists of the present day.

Source:  Wellesley College Bulletin, Calendar 1912-13, pp. 72-77.

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Salaries of the Federal Reserve Board Employees, 1919

ANALYSIS & RESEARCH Present Basic Salary, including Extra Compensation (1919)
Olive M. Bode $1,200
Ruth Cornwall $1,800
Mary Johnson $1,320
W. H. Steiner $2,750
Anna Youngman $2,500

Source: Meeting Minutes of the Board of Governors of the Federal Reserve System, December 18, 1919, 3:30 PM, Volume 6, Part 3, page 5.

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Salaries of the Federal Reserve Board Employees, 1920

Dated June 21st [1920] recommending approval of increases in salaries of employees of the Division of Analysis and Research, as follows:

From To
W. H. Steiner $3,500 $4,000
Miss Anna Youngman $2,750 $3,000
Miss Katherine Snodgrass $2,000 $2,750
F. W. Jones $2,400 $2,750
Miss Ruth Cornwall $2,000 $2,400
Miss Faith Williams $1,800 $2,250
J. M. Chapman $1,200 $1,500 ($750 half time)
M. R. Adams $1,500 $1,560
Miss Alice Ross $1,500 $1,560
Miss Rose Heller $1,080 $1,440
Miss Mary Johnson $1,440 $1,560
Miss Helen S. Grant — $1,440
Miss Olive M. Bode — $1,500

Approved.

Source: Meeting Minutes of the Board of Governors of the Federal Reserve System, June 22, 1920, 11:00 AM, Volume 7, Part 2, page 7.

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Anna Youngman’s (final) annual salary, 1922

“Letter dated May 8th, from the Director of the Division of Analysis and Research, requesting approval of the appointment of Mr. Woodlief Thomas as an employee in that Division at annual salary of $2600, said authority being requested in view of the retirement of Miss Anna Youngman, who has previously been employed in the Division of Analysis & Research, at annual salary of $3500.”

Source: Meeting Minutes of the Board of Governors of the Federal Reserve System, May 10, 1922, Volume 9, Part 1, page 1.

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From Passport Application.
Sworn May 3, 1922

Permanent residence 35 Schermerhorn St., Brooklyn, New York.
Occupation: research assistant.
Height: 5 feet 7 ½ inches

July 5, 1922 to sail from New York on the “Mongolia” to Europe: Germany, Austria, Czecho-Slovakia, Hungary, France, Holland, Belgium, Switzerland, Italy, British Isles (“intend to return to the United States within 3 months”)

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Internal Memorandum

February 18, 1954
Washington, D.C.

Interview with Miss Anna Youngman at her new
residence in the Marlyn Apartments

Miss Youngman worked with Parker Willis on the Journal of Commerce. She was an editorial writer but the rumor that she wrote some of the Willis editorials is something which she denies. She says she did not agree with Mr. Willis on banking policies and would not have written editorials attributed to him. She has kept no files and was by no means as useful in connection with the Willis papers as I had had reason to think she would be.

Miss Youngman confirmed what I had heard from other sources that Mr. Willis headed the first Research Division of the Federal Reserve Board and that on being asked to teach at Columbia he took the Division to New York and kept it there for three years. During this time a running fight went on with Mr. Jacobson (now deceased) and Mr. Goldenweiser and Mr. Adolf Miller.

Obviously the distance between the Research Division and the Board for which research was being done caused a great deal of the difficulty and at the end of three years the division was restored to Washington and put into other hands.

When Mr. Eugene Meyer bought the Washington Post he took Miss Anna Youngman with him to write editorials there. She did financial editorials for the Post for many years. Her last job at the Post was the classification of Mr. Myer’s own papers. Miss Youngman says that these papers have now been brought from New York and the summer place belonging to Mr. Meyer at White Plains and are in Washington. She says that they include seven or eight volumes of diaries carefully typed and indexed.

Obviously some of these diaries which, according to Miss Youngman, are better in the earlier period than the later ones will have material which is important to this project. Miss Youngman says that Mr. Floyd Harrison, who is Mr. Meyer’s right hand man in New York, is the person who can give further information about the papers and who will know if any provision has been made for their disposal after Mr. Meyer’s death.

Miss Youngman lives alone with her sister. Both ladies are far from young and any information which is needed from Miss Youngman should be gained as soon as possible.

Concerning Mr. Willis she said that he was not a difficult man to work with because he protected the people who worked with him. Assumed responsibility for the things they did and gave them credit when he thought they deserved it. He was on the other hand a man of lively mind and extremely fond of argument. She suggested that Mr. Jules Bogen, Mr. John M. Chapman of the school of business at Columbia University, who was at one time assistant to Mr. Williams and Mr. W. H. Stiner (correction that might be Steiner but I am not sure [Note: “W. H. Steiner” is correct spelling). At 328 Riverside Drive, New York[.] Might at all of them have further information about Mr. Willis.

Source: Committee on the History of the Federal Reserve System. Interview with Miss Anna Youngman at her new residence in the Marlyn Apartments, Washington, D.C. (February 18, 1954). Entry 167, Box 2, Folder 1, Item 42.

Image Source: Passport application of Anna Youngman (May 3, 1922).

 

 

 

Categories
Columbia Economists NBER

Columbia Alumnus Arthur F. Burns applies to NBER for Research Associateship, 1930

 

 

Arthur F. Burns was twenty-five years old when he submitted the following application for a Research Associate position that provided 11 months funding at the National Bureau of Economic Research. Results from this project would be ultimately incorporated into Burns’ doctoral dissertation published as the NBER monograph Production Trends in the United States Since 1870 (1934).

_____________________

Arthur F. Burns’ late NBER application forwarded to Edwin Gay

National Bureau of Economic Research, Inc.

February 25, 1930

Dr. Edwin F. Gay
117 Widener Library
Harvard University
Cambridge, Mass.

Dear Dr. Gay:

The attached application of Mr. Arthur Frank Burns has just been received. Athough the time limit has passed, you might wish to consider it, and I am therefore forwarding it to you.

Yours very truly,
[signed] G. R. Stahl
Executive Secretary

GRS:RD

[handwritten note]
[Frederick C.] Mills knows something about this man and regards him favorably.

_____________________

NBER Research Associate Application of Arthur F. Burns
(February, 1930)

National Bureau of Economic Research, Inc.

51 Madison Avenue
New York

RESEARCH ASSOCIATES’ APPLICATION FORM

Applications and accompanying documents should be sent by registered mail and must reach Directors of Research not later than February 1, 1930. Six typewritten copies (legible carbons) should accompany each formal application.

Candidates should have familiarized themselves with the main objects and work of the National Bureau of Economic Research.

Candidates are expected to be in good health, free from physical or nervous troubles, and able to complete their work in New York without predictable interruption.

Research Associates will not accept other remunerative employment while connected with the National Bureau of Economic Research.

Candidates’ names should be written plainly on each manuscript.

Title of Project

A Study of Long-Time Indexes of Production

Name of Candidate

Arthur Frank Burns

Date of Application

February 21, 1930

 

THE CANDIDATE

PERSONAL HISTORY:

Name in full: Arthur Frank Burns
Home address: 34 Bethune St., New York City
Present occupation: University teaching
Place of birth: Stanislawow, Poland
Date of birth: April 27, 1904
If not a native-born citizen, date and place of naturalization: About 1920; Bayonne, New Jersey
Single, married: Married
Name and address of wife or husband: Helen, 34 Bethune Street
Name and address of nearest kin if unmarried: [blank]
Number, relationship, and ages of dependents: [blank]

Name the colleges and universities you have attended; length of residence in each; also major and minor studies pursued.

Columbia College, Sept. 1921-Feb. 1925. Majors—Economics, German. Minors—English, History
Columbia University, Feb. 1925-June 1927. Major—Economics. Minor—Statistics.

List the degrees you have received with the years in which they were conferred.

B.A.—Feb. 1925
M.A.—Oct. 1925

Give a list of scholarships or fellowships previously held or now held, stating in each case place and period of tenure, studies pursued and amount of stipend:

Columbia College Scholarship, 1921-1924. $250 per annum
Gilder Fellowship, Academic Year 1926-1927, Columbia University. Stipend $1200. Chief study pursued—Monetary Theory

What foreign languages are you able to use?

French and German

 

ACCOMPLISHMENTS:

Give a list of positions you have held—professional, teaching, scientific, administrative, business:

Name of Institution

Title of Position

Years of Tenure
Columbia University

Instructor in Extension

Feb. 1926-June 1927

Soc. Science Res. Co.

 Report on Periodicals Summer of 1927
Rutgers University Instructor

1927 to date

Of what learned or scientific societies are you a member?

Phi Beta Kappa
American Statistical Society

Describe briefly the advanced work and research you have already done in this country or abroad, giving dates, subjects, and names of your principal teachers in these subjects:

Master’s essay on Employment Statistics, under Professors F.A. Ross and W.C. Mitchell, in 1925
Studies in the field of Business Cycles, under Professor W.C. Mitchell, 1926 to date
Studies in the field of Monetary Theory, under Professors Mitchell and Willis, 1926-1927
Work on Negro Migration, under Professor F.A. Ross, Summer of 1925
Work on Instalment Selling, under Professor E.R.A. Seligman, Summer of 1926
Report on Social Science Periodicals for the Social Science Research  Council, under Professor F. Stuart Chapin, Summer of 1927.

Submit a list of your publications with exact titles, names of publishers and dates and places of publication:

See separate sheet on publications

THE PROJECT

PLANS FOR STUDY:

Submit a statement (six copies) giving detailed plans for the study you would pursue during your tenure of an Associateship. This statement should include:

(1) A description of the project including its character and scope, and the significance of its presumable contribution to knowledge. Describe how the inquiry is to be conducted, major expected sources of information, etc.
(2) The present state of the project, time of commencement, progress to date, and expectation as to completion.
(3) A proposed budget showing the amount of any assistance, whether of a statistical or clerical nature, or traveling expense that you would require to complete your project.

REFERENCES:

Submit a list of references

(1) from whom information may be obtained concerning your qualifications, and
(2) from whom expert opinion may be obtained as to the value and practicability of your proposed studies.

_____________________

Arthur F. Burns

THE PROJECT
A Study of Long-Time Indexes of Production

            Several years ago I embarked upon an inquiry into the broad problem “The Relationship between ‘Price’ and ‘Trade’ Fluctuations.” The study had two main purposes: (1) to provide a systematic description and analysis of one structural element of the “business cycle,” (2) to determine and appraise the empirical basis for the widely held view that “business stability” may be attained through the “stabilization of the price level.” But soon enough I found it difficult to adhere to the project that I had formulated. The task in the course of execution in the statistical laboratory loomed more formidable than in the “arm-chair” in which it found its inception. But another circumstance proved even more compelling in bring about a restriction of the area of the investigation: no sooner was a small segment of the plan that served as my procedural guide completed, but a host of new queries, not at all envisaged in the original plan, arose and pressed for an answer. Thus, impelled by considerations of a practical sort—working as I did single-handed, and by a growing curiosity, I subjected the project to successive reductions of scope. The present project, “A Study of Long-Time Indexes of Production,” is the untouched, and perhaps an unrecognizable, remainder of the original inquiry. On this limited project I have been at work intermittently for about a year and a half.

            The object of the present project is to study the “secular changes” in “general production” in the United States, and thereby throw light on one important constituent aspect of the trend of “economic welfare.” The establishment of a theory of secular change in general production calls, in the main, for the performance of two tasks. In the first place, the rate of growth of the physical volume of production and its variation have to be determined. In the second place, the empirical generalizations so arrived at have to be interpreted. The general plan of the investigation is built around these two problems; but to perform these tasks adequately, a host of subsidiary problems have to be met.

            Some details of the organization of the project, as well as the point to which work on the project has been carried thus far, may best be indicated by setting forth the extent to which the tentative individual chapters have been completed. The first chapter treats of the contents of the concept “economic welfare,” and traces, analytically and historically, problems in the measurement thereof; this chapter is practically finished. The materials for the second chapter, which is devoted to the history of production indexes, have, for the greater part, already been collected; and a preliminary draft of the chapter has been completed. Much of the third chapter, which is concerned with an analysis of a conceptually ideal measure of the physical volume of production, and the special bearing of this analysis on long-time indexes of production, is written; this chapter is to be but an extension of the paper on “The Measurement of the Physical Volume of Production,” which was published in the Quarterly Journal of Economics, February, 1930. In the fourth chapter, an analysis of the available long-time indexes of production is made; this chapter covers a much more extensive area than the brief reference to it may lead one to suppose; and though several months of continuous work have already been devoted to it, considerable literary research and statistical routine remain. The fifth and six chapters will present the results of the computations on the rate of secular change in physical production; though much ground has been covered (over one hundred trends have already been determined), even more remains to be done. Of the next and final two chapters, in which an interpretation of the computed results is to be offered, very little has been put into written form; but a substantial body of literature has been abstracted; and a preliminary outline of some portions of the theory to be presented, now that many of the calculations are completed, has been worked out.

            It will be apparent from this statement of the work already done on the project that it has reached a point where completion by the middle of 1931 may well be expected. In fact, the freedom to pursue the investigation unencumbered by academic duties may make possible a more intensive cultivation of the demarcated field than is presently contemplated; or, if it be deemed advisable, an extension of the investigation, now confined to the United States, to several other countries for which what appear to be reasonably satisfactory materials have of late become available.

            Needless to say, the above statement of the project constitutes no more than a report on its present status. There probably will be modifications of some importance. One change, in fact, is now being seriously considered: the replacement of Chapters II and III by a brief section, to be worked into the introductory chapter, to the end that a nicer balance between the divisions on, what may be described as, “data and method” and “results” be achieved.

            In continuing with this study there will be no travelling expenses to speak of. At the most, there will be a trip or two to Washington. It goes without saying that the study will proceed more rapidly if clerical assistance is had. Only a single statistical clerk would be needed, and a halftime clerk might suffice.

_____________________

Arthur F. Burns

References

Group I

Professor Robert E. Chaddock, Columbia University
Professor Wesley C. Mitchell, Columbia University
Professor H. Parker Willis, Columbia University
Professor Eugene E. Agger, Rutgers University
Professor Frank W. Taussig, Harvard University

Group II

Professor Wesley C. Mitchell, Columbia University
Professor Wilford I. King, New York University
Mr. Carl Snyder, New York Federal Reserve Bank
Dr. Edmund E. Day, Social Science Research Council
Dr. Simon Kuznets, National Bureau of Economic Research

_____________________

Arthur F. Burns

Publications

A Note on Comparative Costs, Quarterly Journal of Economics, May, 1928

The Duration of Business Cycles, Quarterly Journal of Economics, August 1929

The Geometric Mean of Percentages, Journal of the American Statistical Association, September, 1929

The Ideology of Businessmen and Presidential Elections, Southwestern Political and Social Science Quarterly, September, 1929.

Thus Spake the Professor of Statistics, Social Science, November, 1929

The Quantity Theory and Price Stabilization, American Economic Review, December, 1929

The Relative Importance of Check and Cash Payments in the United States: 1919-1928, Journal of the American Statistical Association, December, 1929

The Measurement of the Physical Volume of Production, Quarterly Journal of Economics, February, 1930

_____________________

Reference Letter:  H. P. Willis

Columbia University
in the City of New York
School of Business

February 27, 1930.

Mr. G. R. Stahl,
Executive Secretary,
National Bureau of Economic Research,
51 Madison Avenue,
New York City.

My dear Mr. Stahl:

            I have received your letter of February 26. Mr. Arthur F. Burns, whom you mention, was a student here some years ago, passed his doctorate examination with money and banking as one of his topics. I had general supervision of his work in money and banking and also came into contact with him individually now and then. I thought him a specially acute and capable student of the subject and it seemed to me that he had rather unusual research ability. He has been teaching, I believe, at Rutgers University for a couple of years past and during that time he has occasionally written articles in the scientific magazines and has sent me copies. I have read them with substantial interest and have thought that they showed steady growth in the grasp of the subject and in ability to present it.

            I do not know exactly what kind of work you would be disposed to assign him in your bureau were you to appoint him, and hence it is difficult for me to give specific opinion of his “strong and weak points”, for strength and weakness are relative to the work to be done. I should suppose that in a statistical research relating to monetary and banking questions, and particularly to the price problem, Mr. Burns would be decidedly capable. I do not think of any elements of corresponding weakness that need to be emphasized, but perhaps you might find him less devoted to the necessary routine work that has to done in every statistical office, than you would to the planning of investigation and the initiation of inquiries in it. Put in another was this might be equivalent to saying that Mr. Burns is perhaps stronger in conception and planning than he is in execution and yet I do not know that he is in any way to be criticized for his power of execution. I simply mean that he does not seem to be as outstanding in that direction as he is in the other.

            I, however, commend him unreservedly to you as a capable man in connection with price, banking and credit research.

Yours very truly,
[signed] H. P. Willis

HPW:S

_____________________

Reference Letter:  Willford I. King

AMERICAN STATISTICAL ASSOCIATION

Secretary-Treasurer
Willford I. King
530 Commerce Building, New York Univ.
236 Wooster Street, New York City

February 27, 1930.

Mr. G. R. Stahl,
National Bureau of Economic Research,
51 Madison Avenue,
New York City.

Dear Mr. Stahl:

            I have met Mr. Arthur F. Burns two or three times but do not know very much about his record. One thing, however, stands out strongly in his favor. He recently published in the AMERICAN ECONOMIC REVIEW a very fine piece of work on the equation of exchange. This indicates to me that he is competent to do research work of high quality.

Cordially yours,
Willford I. King.

WIK:RW

_____________________

Reference Letter: F. W. Taussig

HARVARD UNIVERSITY
DEPARTMENT OF ECONOMICS

Cambridge, Massachusetts
February 28, 1930

Dear Mr. Stahl:

            I have a high opinion of A. F. Burns. I have watched his published work, and some I have examined with care. As will be noted, he has an article in the current issue of the Quarterly Journal of Economics which I consider first-rate. He is a keen critic, and handles figures well. He writes more than acceptably, and in my judgment gives promise of very good work in the future. You will have to go far to find a man clearly better.

Very truly yours,
[signed] F. W. Taussig

Mr. G. R. Stahl
National Bureau of Economic Research
51 Madison Avenue
New York City

_____________________

Reference Letter:  E. E. Agger

Rutgers University
New Brunswick, New Jersey
Department of Economics

March 5, 1930

Mr. G. R. Stahl,
National Bureau of Economic Research, Inc.
51 Madison Avenue,
New York City

Dear Mr. Stahl:

            Replying to your letter of February 26th I may say that I have known Mr. Arthur F. Burns ever since his undergraduate days. He was one of my honor students when I was at Columbia and when he finished his graduate work I brought him to Rutgers as an Instructor. I think that he will be promoted to an Assistant Professorship next year.

            He has been a specialist in the field of Statistics and Economic Theory and would therefore, in my judgment, be ideally equipped for the post of Research Associate. He is meticulously careful and most painstaking. You are doubtless familiar with some of his writings during the past year or so. They have seemed to me excellent pieces of work. We shall sorely miss him should he ask for leave to accept possible appointment under you, but on the other hand, I believe that in the end it will add to his value to us, at the same time that you are getting the use of his services. In short, I recommend him without qualification.

Sincerely yours,
[Signed] E.E. Agger

EEA:H

_____________________

Reference Letter:  Carl Snyder

COPY
Thirty Three Liberty Street
New York

March 5, 1930

Dear Mr. Stahl:

            I have followed the work of Arthur F. Burns, of whom you wrote, with a great deal of interest. It seems to me careful, conscientious, well-planned work. He has the inquisitive mind, and that is the great thing. His ideas seem to me sound and his statistical methods well grounded.

            The problem in which he is interested is one in which we have done a great deal of work here, and I know of nothing of greater importance. I wish very cordially to endorse the recommendation for his appointment as a Research Associate.

Please believe me, with very best regards,

Sincerely yours,
Carl Snyder

Gustav R. Stahl, Esq.,
National Bureau of Economic Research
51 Madison Avenue, New York City

_____________________

Reference Letter:  Simon Kuznets

NATIONAL BUREAU OF ECONOMIC RESEARCH
51 Madison Avenue, New York

March 3, 1930

Committee on Selection,
National Bureau of Economic Research
51 Madison Avenue,
New York City

Gentlemen:

            Arthur F. Burns who is applying for appointment as a Research Associate is my former classmate from Columbia University, and has always impressed me by his keen powers of observation and analysis. His work speaks for itself, for he has had opportunity to publish some of the by-products of his doctor’s thesis in the form of articles.

            He has a thorough statistical training, both in theory and in technique, for he has studied statistics, taught it, and applied its principles. He is also thoroughly versed in economic theory, having studied it under Professors W. C. Mitchell and H. L. Moore.

            On the whole, Mr. Burns is a candidate of high promise. He is still quite young in years, but is quite experienced in research work. He ought to prove equal to the opportunities which an appointment as a research associate will provide for him.

Yours respectfully
[signed] Simon Kuznets
[Research Staff member, NBER]

_____________________

Reference Letter:  Robert E. Chaddock

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

March 3, 1930.

Mr. G. R. Stahl, Executive Secretary
National Bureau of Economic Research
51 Madison Avenue, New York City

Dear Mr. Stahl,

            I have expressed my opinion as to the qualifications of Cowden, Gayzer and Leong as candidates for Research Associate. Mr. Arthur F. Burns is superior to any of these in qualifications for research, in my opinion. All his inclinations and his critical attitude toward his own and the results of others point to research as his field. He has unusual technical preparation in Statistics and does not lose sight of the logical tests of his knowledge. He has been publishing articles constantly since entering upon his teaching at Rutgers University where he is successful as a teacher so far as I know. I would not rate him ahead of the candidates I have described before in matters of personality and personal contact, but I do regard him as a very superior candidate in respect to qualifications for research and scholarly productivity.

Sincerely yours,
[signed] Robert E. Chaddock

REC:CT

_____________________

Letter:  Edwin F. Gay to Arthur F. Burns

NATIONAL BUREAU OF ECONOMIC RESEARCH
51 Madison Avenue, New York

June 25, 1930

Mr. A. F. Burns
34 Bethune Street
New York City

My dear Mr. Burns:

            At a recent meeting of the Executive Committee of the National Bureau it was decided that since all the members of the regular staff are not available until the end of September, the Research Associates should be asked to report here on October 1, 1930, instead of September 15. You may, of course, come earlier but full provision for your work cannot conveniently be made before the date indicated. The stipends of the Research Associates are to run from October 1, and also the salaries of such statistical assistants as are designated for the service of the Research Associates.

            Upon your arrival you are to report to Dr. Frederick C. Mills, who will have direct responsibility as your adviser. You will be free, of course, to consult with any of the members of the staff.

            In regard to arrangements for statistical and other assistance, you will consult with Mr. Pierce Williams, the Executive Director.

            It gives me great pleasure, in behalf of the directors and staff of the National Bureau, to welcome you as a research associate. We trust that you will find the eleven months with us not only scientifically profitable but personally enjoyable.

Sincerely yours,
[signed] Edwin F. Gay]
Director of Research

RD

[handwritten note] P.S In looking over your application, I [word illegible] certain [items?] which I think should be filled out. These are: the date of arrival in this country, precise date of naturalization; pre-college education.

Source: Duke University. David M. Rubenstein Rare Book and Manuscript Library. Economists’ Papers Archive. Arthur F. Burns Papers, Box 2, Folder “Correspondence/NBER, 1930”.  IMG_8329.JPG

Image Source: Duke University. David M. Rubenstein Rare Book and Manuscript Library. Economists’ Papers Archive. Arthur F. Burns Papers, Box 6. Folder “Photographs, B&W I”. Note: “1930s” written on back of photograph.

 

Categories
Chicago Columbia Economists

Chicago Ph.D. alumnus and Columbia Professor of Banking, Henry Parker Willis

 

Columbia University’s professor of banking (1917-37), Henry Parker Willis was an early economics Ph.D. at the University of Chicago, a student of J. Laurence Laughlin. He played an important role in the founding and early years of the Federal Reserve System and later as a expert consultant on banking affairs for the U.S. Congress. Besides all this he served over a dozen years editing the N. Y. Journal of Commerce.
This posting begins with a biographical note I found at FRASER, goes on with the Journal of Commerce’s account of his work there, and concludes with the Columbia School of Political Science Memorial minute entered into its recorded minutes in 1938.

_____________________________

Henry Parker Willis
Biographical Note

1874, Aug. 14 Born, Weymouth, Massachusetts
1894
1897		 A.B., University of Chicago
Ph.D., University of Chicago
1897-98 Assistant, Monetary Commission
1898-1905 Washington and Lee University, successively adjunct professor, full professor, Wilson professor of economics and political science
1903, Dec. 24 Married Rosa Johnston Brooke (4 children—1 with FRB of Boston, 1 with FRB of New York)
1901-12 Leader writer, New York Evening Post
1902-03 Washington correspondent, N. Y. Journal of Commerce
1905-13 Washington correspondent, Engineering and Mining Journal
1905-06
1907-12		 Professor of finance, George Washington Univ.; and
Dean, College of Political Sciences, 1910-12
1909-10 Editor, U. S. Immigration Commission
1911-13 Expert, Ways and Means Committee, House of Representatives
1912-13 Expert, Banking and Currency Committee, House of Representatives (drafting Federal Reserve Act)
1912-14
1919-31		 Associate editor, N. Y. Journal of Commerce
Editor in chief, N. Y. Journal of Commerce
1913-14
1917-		 Lecturer, Columbia University
Professor of banking, Columbia University
1914-18
1918-221922		 Secretary, Federal Reserve Board, Washington
Director of Research, Federal Reserve Board (moved office to New York for this period)
Consulting economist, Federal Reserve Board
1916-17 President, Philippine National Bank
1919 Special commissioner in Australasia for Chase National Bank and Central Union Trust Company
1926-27 Chairman, Banking Commission of Irish Free State
1930-32 Technical adviser to U. S. Senate Banking and Currency Committee (drafting Banking Act of 1933)
1932-35 American representative to Le Temps, Paris
1937, July 18 Died

 

Author of:

Report of the Monetary Commission. 1898. (Joint author)
History of the Latin Monetary Union. 1901.
Reciprocity (with Prof. J. L. Laughlin). 1903.
Our Philippine Problem. 1905.
Principles and Problems of Modern Banking. 1910.
Principles of Accounting. 1910.
Life of Stephen A. Douglas. 1911.
The Federal Reserve. 1915.
American Banking. 1916.
The Modern Trust Company (with Kirkbride and Sterrett). 1919.
Banking and Business (with Geo. W. Edwards). 1922.
[Supplementary chapter “Federal Reserve Banks” in the fourth edition of Charles F. Dunbar and Oliver M. W. Sprague The Theory and History of Banking. 1922.]
The Federal Reserve System. 1923.
Federal Reserve Banking Practice (with W. H. Steiner). 1925.
Foreign Banking Systems (with B. H. Beckhart). 1929.
Investment Banking (with J. I. Bogen). 1929.
Contemporary Banking (with J. M. Chapman and R. W. Robey). 1933.
The Banking Situation (with J. M. Chapman). 1933.
Economics of Inflation (with J. M. Chapman). 1934.

Contributor to:

Economic and other journals.

See: Who Was Who in America, 1897-1942, vol. I, Marguis

Source: FRASER. Committee on the History of the Federal Reserve System. Register of Papers: Willis, Henry Parker. Entry 176a, Box 1, Folder 2, Item 50.

_____________________________

The double life of H. Parker Willis

H. Parker Willis stayed busy. During his 29 years at The Journal of Commerce [JOC], there was rarely a moment when he was not also involved in shaping U.S. economic and banking institutions. The results of his efforts are still seen today.

Willis’ extracurricular work while a JoC employee would lead to the creation of the Philippine Central Bank and later the Philippine American Chamber of Commerce. Most important, his research and his brilliant insights led to the creation of the U.S. Federal Reserve System.

When he joined the JoC in 1902 at the age of 28, he had already been a star professor of economics and political science at Washington and Lee University. He took an academic leave to travel to the Far East in 1903-05 as a correspondent for the JoC and the Engineering and Mining Journal.

In between his dispatches, Willis began a study that led to the creation of the Philippine National Bank. Willis would become the first head of the bank, which served as the nation’s central bank, while still on the staff of the JoC.

But he was just warming up. Returning to the U.S. in the fall of 1906, he became the first head of Washington and Lee’s School of Commerce, while still writing for the JoC. He also became the economic adviser to Rep. Carter Glass, D-Va. His work for the JoC and Glass took him to the nation’s capital so frequently that the university’s president complained, resulting in Willis’ resignation. The school’s student body sent the university’s board a vigorous declaration of support for the popular professor.

Willis continued to write for the JoC, and in 1912 he became executive director of the National Monetary Commission. The commission had been created at the behest of Glass, who had been elected to the Senate. Under Willis’ direction, the commission issued a study recommending creation of a U.S. central bank. After Woodrow Wilson was elected president, he asked Glass to begin working on legislation.

Together with Glass, Willis drafted the enabling legislation. The measure was opposed by big banks, which wanted no central authority over them. Willis came up with a solution – a Federal Reserve System consisting of regional Federal Reserve banks owned by member banks but run as “corporations operated for public service.”

The regional Fed directors would come from banking and industry, along with citizens appointed by the Federal Reserve Board in Washington. The president would appoint the Fed’s seven-member board of governors, with the Treasury secretary and comptroller of the currency as ex-officio members.

“Willis took the best of the existing proposals, together with a brilliant balance of public-private ownership and leadership, to fashion a unique central banking institution,” said Robert Bremner, who is writing a biography of William McChesney Martin Jr., the Fed’s chairman from 1951 to 1970.

Another of Willis’ innovations was to have the 12 regional banks serve as clearinghouses for checks written by the depositors of member banks. Willis reasoned that this would give the Fed a practical purpose, in addition to replacing the patchwork of inefficient regional systems with a unified national framework for check collection.

Without check-clearing duties, he later said, the Fed banks would have become “merely the holders of dead balances carried for the member banks without any service for them; and since the business public abhors any idle or unnecessary institution…it would not submit long to the needless burden created by such emergency institutions designed to put out financial fire.”

After the Federal Reserve Act was passed in 1913, Willis became the Federal Reserve Board’s first secretary from 1914-18. He became its director of research from 1918-22, which meant he was chief economist, although the position was not called that yet. “These two staff positions first held by Dr. Willis remain the most influential at the Fed today,” Bremner said.

All through this time, Willis was writing for the JoC as its Washington economic correspondent. As if that wasn’t enough, he also became a professor of economics at George Washington University and later dean of its college of political science. He also lectured at Columbia University and became a full professor of economics there in 1919.

Willis also became editor- in-chief of the JoC in 1919. He steered the paper’s coverage in a new direction. With his profound grounding in economics and political science, he believed the paper should place the coverage of business and commerce within the context of economics and government.

As he stated in the paper’s centennial issue in 1927: “Business (and) economic life as a whole is a unit essentially and hence demands a unified treatment, which is impossible where attention is solely concentrated on finance or upon some specialized branch of industry.”

It was this vision of business and economic coverage that would differentiate the JoC from other business papers with its broad coverage of the nation’s business activities within the context of what was going on in the economy.

Willis resigned as editor of the JoC in 1931, but he continued to teach at Columbia. He wrote a series of five books on his passion – banking and monetary policy. They were The Federal Reserve System (1923), Federal Reserve Banking Practice (1926), The Theory and Practice of Central Banking (1936), The Banking Situation, Post-War Problems and Developments (1934), and The Federal Funds Market (republished in 1970).

Willis’ contributions to economic and monetary theory and policy, the establishment of the Fed and the growth of the JoC are still remembered. In a speech at Washington and Lee last March, Roger W. Ferguson Jr., the Fed’s current vice chairman, paid tribute to Willis as “a leader in teaching economics and political science and a major contributor to the establishment of the Federal Reserve.”

Source: Journal of Commerce website, A Proud History since 1827: The Journal of Commerce, page 11.

_____________________________

FACULTY OF POLITICAL SCIENCE
Memorial minute for Prof. H. Parker Willis
April 22, 1938

H. Parker Willis

Professor H. Parker Willis died on July 18th, 1937, in the 63rd year of his life.

Willis first became associated with us in the years immediately preceding the war when the first tentative steps were being taken in the formulation of a group of courses which was to become the offering of the School of Business. Although in only his 39th year, he brought to Columbia an equipment of training and experience that contributed richly to the success of that school and to the development of the field of money and banking. His foundations in the economic discipline had been firmly laid in his years of graduate work at Chicago, during the regime of Laughlin, and in his studies at Leipzig and Vienna. His remarkable skill as a teacher and administrator had been matured during fourteen years in professorial positions at other institutions, culminating in the deanship of the College of Political Sciences of George Washington University. His fluent pen had already produced a half-dozen scholarly volumes as well as an impressive output of more ephemeral writing which had established him as a brilliant economic journalist and editor. Finally, his capacity to analyze technical problems of public policy had been demonstrated in his service with the Monetary Commission and with the Congressional committee that drafted the Federal Reserve Act.

At Columbia Willis found an environment well suited to his particular talents and an opportunity commensurate with his capacity. Here there existed a firmly established tradition that the University should enlighten public opinion and apply its special skills to the solution of problems of public policy. Possessed of a fund of energy that was constantly a source of envious amazement to all who knew him, he came to us at the height of his powers and devoted twenty-four years of his life to investigation, instruction, and public service. His activities as an editor and a correspondent for financial journals, as director of research and consultant of the Federal Reserve Board, and as adviser to governments at home and abroad served not only to advance the public good but also to enrich and vivify his teaching and research.

By his contributions to science and polity Willis built for himself an imposing monument, the specifications of which we need not here detail. It stands for the world to see and admire. At the same time, he constructed, without conscious plan, an even more impressive and inspiring memorial in the hearts of his friends. We who knew him through long association will best remember him for the quality of his personal character.

There are those who take pride in the possession of a conscience which forbids them to shirk a duty. For Willis there seemed to be no duties, to be performed or shirked, but only opportunities, to be embraced with enthusiasm. In the academic round there was no one more faithful and dependable, no one more generous and unselfish. He stimulated each student to achieve the best of which he was capable and his interest and patience in guiding and molding even the least promising of them was the occasion for frequent remark. His attitude toward all his academic associates was one of kindliness and tolerance and the standards he used in judging himself were always more strict than those he applied to others.

One of his most appealing personal characteristics was his capacity for righteous indignation. He coupled an intense loyalty to those persons and principles in whose trustworthiness he had faith with an old-fashioned sense of individual obligation to defend the true and the good without counting costs or consequences. Incompetence, especially when linked with pretentiousness, and ignorance, especially when displayed by those who exercised arbitrary authority, were to Willis moral crimes which it was his personal duty to expose. His reaction in such cases was exactly that which he exhibited when, one evening, a misguided goot-pad [“good-bad” in a German-Jewish accent?] stopped him at the point of a pistol as he was hurrying toward the Staten Island Ferry. To comply with the demand that he surrender his valuables did not enter his mind as a possibility. Here was an enemy of society whose career should be expeditiously and firmly discouraged; and Willis proceeded to accomplish this end, instinctively and without hesitation, with the aid of a briefcase heavily loaded with financial documents. Truly he was a battler for the Lord, skillful but fair in the use of his weapons, and entirely without fear. Of him one could say, as Lord Bryce said of Dean Stanley, “You might think him right or wrong but you never doubted that he was striving after the truth.” And his joy in the strife was an inspiration to all who knew him.

Source:   Columbia University Archives. Minutes of the Faculty of Political Science, 1920-1939. Bound, typed manuscript. Pages 827-8.

Image Source: Passport application of August 4, 1916 of Henry Parker Willis

Categories
Chicago

Chicago. Soliciting Contributions of Alumni/ae to Fund for Graduate Fellowships, 1931

Scarcely a week goes by for anyone with a Ph.D. these days that does not bring some sort of request for a financial contribution from the one or other alma mater. I can easily imagine that the sort of letter transcribed below from the head of the department of economics at the University of Chicago was still something of a novelty in 1931.

Looking at the list of the former Chicago economics fellows from whom contributions had been requested, I noticed that the first four names are alphabetically arranged, the next four names are likewise alphabetically arranged, the next four names (with one exception) are also so arranged as are the next two and the final three. The facts, that (i) the sample letter (December 16, 1931 to Trevor Arnett) was addressed to the 13th person on the list and (ii) dated only two days before the cover letter to University of Chicago Trustee James Stifler was sent, lead me to conclude that Chairman Millis had a response rate of two for the dozen letters he first sent out. I am somewhat surprised he even sent off his letter to James Stifler before receiving at least one positive response. Maybe Millis was told something like “Why don’t you folks write to some of your earlier fellows and ask for money” and he just wanted to show for the record that he had tried.

___________________________________

 

The University of Chicago
Department of Economics

December 18, 1931

Dr. James M. Stifler
The President’s Office
Faculty Exchange

Dear Mr. Stifler:

I enclose a carbon copy of a letter written to Mr. Arnett, one of the former fellows in Economics, and a list of the seventeen persons to whom such letters were sent. For your information, I may say that to date I have had only two replies, both of them in terms of “I regret.”

Sincerely yours
[signed]
H. A. Millis

 

HAM-W
Encl.

___________________________________

 

December 16, 1931

COPY

 

Mr. Trevor Arnett
General Education Board
61 Broadway
New York City

Dear Mr. Arnett:

I have talked over an idea I have had for some time with a few men who have held fellowships in Economics at the University of Chicago, and, finding a favorable reaction to it, now write you. The idea is this: that those of us who feel so inclined should contribute at our convenience some part of all of the stipend received when fellows to a fund to finance fellowships in Economics at the University. The underlying thought is that there is a good case for those of us who were fortunate enough to have assistance at a crucial time in our training to lend help to others in the generation following us. The need for well trained men is great; many very promising young men and women cannot get the necessary training without some financial aid. Last year, for example, our Department had 175 applications for fellowships and scholarships. Twenty of the applicants for fellowships, and twenty-seven altogether, we graded as A-1, but, with some funds secured from the outside, we were able to grant fellowships to only six of the twenty. From the information I have, it would appear that more than one-half of the remaining fourteen have had to forego entirely or postpone their program of work leading to the doctorate in Economics here or elsewhere. Next year we shall have less fellowship money from the sources available this year.

Do you feel inclined to join some of us in this plan? If you do, will you not write me and state to what extent you wish to contribute and when? In making your decision, you will, of course, keep in mind that there is no desire to exert pressure upon any one, and that there is no thought that a fellowship granted has not been fully earned.

Sincerely yours,
H. A. Millis

HAM-W

 

List of those written:

1. Professor Henry Rand Hatfield Department of Economics, University of California, Berkeley, California
2. Dr. Simon J. McLean Board of Railway Commissioners, Ottawa, Canada
3. George G. Tunell The Atchison, Topeka & Santa Fe Railway, Railway Exchange Building, Chicago, Ill.
4. Professor Henry P. Willis Columbia University, New York City
5. Professor C. A. Arbuthnot Western Reserve University, Cleveland, Ohio
6. Dr. Earl Dean Howard Hart, Schaffner & Marx, 36 South Franklin Street, Chicago, Illinois
7. Professor W. W. Swanson Department of Economics, University of Saskatchewan, Saskatoon, Canada
8. Miss Anna Pritchitt Youngman 97 Columbia Heights Post Office, Brooklyn, New York
9. Professor H. G. Moulton The Brookings Institution, 744 Jackson Place, Washington, D.C.
10. Professor W. C. Mitchell c/o D. H. MacGregor, Oxford University, Oxford, England
11. Professor Duncan A. MacGibbon Board of Grain Commissioners, Winnipeg, Canada
12. Professor James A. Moffat University of Indiana, Bloomington, Indiana
13. Mr. Trevor Arnett General Education Board, 61 Broadway, New York City
14. Professor Stephen B. Leacock McGill University, Montreal, Canada
15. Professor Spurgeon Bell Department of Economics, Ohio State University, Columbus, Ohio
16. Miss Hazel Kyrk University of Chicago, Faculty Exchange
17. Professor Sumner Slichter School of Business Administration, Harvard University, Cambridge, Massachusetts

___________________________________

 

[Carbon copy]

December 21, 1931

 

Dear Mr. Millis:

I have received and read with great interest the letter which you sent to Mr. Trevor Arnett. It seems to me to be an excellent letter and I do not see how anybody could object to it.

I fancy that you may receive some further regrets but I hope that there may be a considerable number who will feel that they can fall in with the plan.

Faithfully yours,

James M. Stifler

Mr. H. A. Millis
Department of Economics
Faculty Exchange

___________________________________

 

 

Source: University of Chicago Archives. Office of the President. Hutchins Administration. Records. Box 72, Folder “Economics Dept, 1929-1931”.

Image: Social Science Building, University of Chicago.

 

Categories
Chicago Economists

Chicago. 25th anniversary of Dept of Political Economy, 1916

In 1916 the department of political economy of the University of Chicago celebrated its 25th anniversary (coinciding with that of the university) with a privately printed pamphlet in which were listed the names of the 38 members of the instructional staff, 12 assistants, 98 fellows, 637 graduate students and 31 Ph.D.’s of its first quarter century. Note: some names are listed in more than a single category. Appended to the end of the pamphlet is a statistical record of instructional staff, graduate students and political economy course registrations annually for the period.

___________________________________

If you find this posting interesting, here is the complete list of “artifacts” from the history of economics I have assembled. You can subscribe to Economics in the Rear-View Mirror below. There is also an opportunity for comment following each posting….

___________________________________

TWENTY-FIVE YEARS OF THE
DEPARTMENT OF POLITICAL ECONOMY

DEPARTMENT
OF
POLITICAL ECONOMY.
1892-3.

OFFICERS OF INSTRUCTION:

J. LAURENCE LAUGHLIN, Ph. D.,

Head-Professor of Political Economy.

ADOLPH C. MILLER, A. M.,

Associate-Professor of Political Economy.

WILLIAM CALDWELL, A. M.,

Tutor in Political Economy.

___________________________________

 

TWENTY-FIVE YEARS
OF THE
DEPARTMENT OF POLITICAL ECONOMY
UNIVERSITY OF CHICAGO

 

JAMES LAURENCE LAUGHLIN
Professor and Head of the Department of Political Economy
1892-1916

 

CHICAGO
PRIVATELY PRINTED
MCMXVI

___________________________________

 

JAMES LAURENCE LAUGHLIN
Professor and Head of the Department of Political Economy, 1892-1916.

* * *

Edith Abbott

Special Lecturer in Political Economy, 1909-10.

William George Stewart Adams

Lecturer on Finance and Colonial Policy, 1901-2.

Trevor Arnett

Lecturer in Accounting, 1909-13.

John Graham Brooks

University Extension Lecturer in Political Economy, 1893-97.

William Caldwell

Instructor in Political Economy, 1892-94.

John Bennet Canning

Special Assistant in Political Economy, 1914; Assistant, 1914-15; Instructor, 1915-

John Maurice Clark

Associate Professor in Political Economy, 1915-

Carlos Carleton Closson

Instructor in Political Economy, 1895-96.

John Cummings

Reader in Political Economy, 1893-94; Assistant Professor, 1903-10.

Herbert Joseph Davenport

Instructor in Political Economy, 1902-4; Assistant Professor, 1904-7; Associate Professor, 1907-8.

Ernest Ritson Dewsnup

Professorial Lecturer on Railways and Curator of the Museum of Commerce, 1904-7.

Garrett Droppers

Professorial Lecturer, 1906-7.

Carson Samuel Duncan

Instructor in Commercial Organization, 1915-

Jay Dunne

Assistant in Accounting, 1913-14; Instructor, 1914-

James Alfred Field

Instructor in Political Economy, 1908-10; Assistant Professor, 1910-13; Associate Professor, 1913-

Worthington Chauncey Ford

Lecturer on Statistics, 1898-1901.

Frederic Benjamin Garver

Assistant in Political Economy, 1911-13; Instructor, 1913-14.

Elgin Ralston Lovell Gould

Professor of Statistics, 1895-96.

Stuart McCune Hamilton

Instructor in Political Economy, 1914-16.

Walton Hale Hamilton

Assistant Professor of Political Economy, 1913-15.

Henry Rand Hatfield

Instructor in Political Economy, 1898-1902; Assistant Professor, 1902-4.

Frank Randal Hathaway

Reader in Statistics, 1892-93.

William Hill

Associate in Political Economy, 1893-94; Instructor, 1894-97; Assistant Professor, 1897-1908; Associate Professor, 1908-12.

Isaac A. Hourwich

Docent in Statistics, 1892-94.

Robert Franklin Hoxie

Instructor in Political Economy, 1906-8; Assistant Professor, 1908-12; Associate Professor, 1912-

Alvin Saunders Johnson

Associate Professor of Political Economy, 1910-11.

John Koren

Professorial Lecturer on Statistics (Political Economy and Sociology), 1909-10.

Leon Carroll Marshall

Assistant Professor of Political Economy, 1907-8; Associate Professor, 1908-11; Professor of Political Economy, 1911-

Hugo Richard Meyer

Assistant Professor of Political Economy, 1903-5.

Adolph Caspar Miller

Associate Professor of Political Economy, 1892-93; Professor of Finance, 1893-1902.

Wesley Clair Mitchell

Assistant in Political Economy, 1900-1; Instructor, 1901-2.

Robert Morris

Instructor in Political Economy, 1904-7.

Harold Glenn Moulton

Assistant in Political Economy, 1910-11 ; Instructor, 1911-14; Assistant Professor, 1914-

Frederic William Sanders

Lecturer in Statistics, 1896-97.

Frederick Myerle Simons

Assistant in Industrial Organization, 1913- 15; Instructor, 1915-

Thorstein B. Veblen

Reader in Political Economy, 1893-94; Associate, 1894-96; Instructor, 1896-1900; Assistant Professor, 1900-06.

Chester Whitney Wright

Instructor in Political Economy, 1907-10; Assistant Professor, 1910-13; Associate Professor, 1913-

*   *   *

[Assistants]

Clarence Elmore Bonnett

Assistant in Political Economy, 1910-11.

Ezekiel Henry Downey

Assistant in Political Economy, 1909-11.

John Franklin Ebersole

Assistant in Political Economy, 1909-10.

Edith Scott Gray

Assistant in Political Economy, 1915-

Homer Hoyt

Assistant in Political Economy, 1915-

Edgar Hutchinson Johnson

Assistant in Political Economy, 1909-10.

John Curtis Kennedy

Assistant in Political Economy, 1908-11.

Robert Russ Kern

Assistant in Political Economy, 1908-9.

Hazel Kyrk

Assistant in Political Economy, 1913-14.

Duncan Alexander MacGibbon

Assistant in Political Economy, 1912-13.

Ernest Minor Patterson

Assistant in Political Economy, 1910-11.

Leona Margaret Powell

Assistant in Political Economy, 1915-

___________________________________

 

FELLOWS

Edith Abbott (1903-05)

William Harvey Allen (1897-98)

Eugene Charles deAndrassy (1913-14)

Charles Criswell Arbuthnot (1901-03)

Leon Ardzrooni (1910-13)

Trevor Arnett (1899-1900)

Edward Martin Arnos (1912-13)

Otho Clifford Ault (1913-14)

Edward Donald Baker (1912-14)

Sturgeon Bell (1906-07)

Clarence Elmore Bonnett (1912-13)

Donald Elliott Bridgman (1905-07)

Howard Gray Brownson (1906-07)

Francis Lowden Burnet (1912-13)

George Chambers Calvert (1894-95)

John Cummings (1893-94)

Rajani Kanta Das (1914-16)

Herbert Joseph Davenport (1897-98)

Katharine Bement Davis (1897-98; 1899-1900)

William John Alexander Donald (1911-12)

James Alister Donnell (1902-03)

Ezekiel Henry Downey (1908-09)

Ephraim Edward Erickson (1911-12)

Katharine Conway Felton (1895-96)

Albert Lawrence Fish (1899-1900)

Ralph Evans Freeman (1915-16)

Hamline Herbert Freer (1892-93)

Frederic Benjamin Garver (1910-11)

Marshall Allen Granger (1915-)

Homer Ewart Gregory (1915-)

Gudmundur Grimson (1905-06)

Willard Neal Grubb (1908-09)

Charles Kelly Guild (1911-12)

William Buck Guthrie (1900-01)

William Fletcher Harding (1894-95)

Sarah McLean Hardy (1893-95)

Henry Rand Hatfield (1897-98)

Chauncey Edward Hope (1912-13)

Albert Lafayette Hopkins (1905-06)

John Lamar Hopkins (1899-1900)

Earl Dean Howard (1903-05)

Robert Franklin Hoxie (1893-95; 1902-03)

Homer Hoyt (1913-15)

Howard Archibald Hubbard (1909-12)

Walter Huth (1912-13)

John Curtis Kennedy (1907-09)

Robert Russ Kern (1907-08)

Benjamin Walter King (1913-14)

William Lyon Mackenzie King (1896-97)

Delos Oscar Kinsman (1898-99)

Hazel Kyrk (1912-13)

Manuel Lippitt Larkin (1911-12; 1913-14)

William Jett I.auck (1903-05)

Ferris Finley Laune (1915-)

Stephen Butler Leacock (1900-02)

Mary Margaret Lee (1907-08)

Svanto Godfrey Lindholm (1900-02)

Simon James McLean (1896-97)

James Dysart Magee (1909-10)

Basil Maxwell Manly (1909-10)

Howard Sherwood Meade (1897-98)

Albert Newton Merritt (1905-06)

Frieda Segelke Miller (1912-15)

John Wilson Million (1892-93; 1894-95)

Harry Alvin Millis (1898-99)

Wesley Clair Mitchell (1896-99)

James Ernest Moffat (1915-)

Harold Glenn Moulton (1909-11)

Walter Dudley Nash (1901-02)

Robert Samuel Padan (1900-01)

Eugene Bryan Patton (1905-08)

Clarence J. Primm (1908-10)

Yetta Scheftel (1913-14)

D. R. Scott (1911-12)

Frederick Snyder Seegmiller (1909-10)

George Cushing Sikes (1893-94)

Selden Frazer Smyser (1901-02)

Lewis Carlyle Sorrell (1915-)

George Asbury Stephens (1908-09)

Worthy Putnam Sterns (1897-1900)

Henry Waldgrave Stuart (1894-96)

Laurence Wardell Swan (1914-15)

William Walker Swanson (1905-08)

Archibald Wellington Taylor (1909-12)

John Giffin Thompson (1903-04)

George Gerard Tunell (1894-97)

Helen Honor Tunnicliff (1893-94)

Victor Nelson Valgren (1911-12)

Cleanthes Aristides Vassardakis (1911-12)

Thorstein B. Veblen (1892-93)

Merle Bowman Waltz (1895-96)

Samuel Roy Weaver (1911-12)

Victor J. West (1908-09)

Henry Kirke White (1893-94)

Murray Shipley Wildman (1901-04)

Henry Parker Willis (1895-98)

Ambrose Pare Winston (1893-94; 1896-97)

Anna Pritchett Youngman (1905-06; 1907-08)

___________________________________

GRADUATE STUDENTS

Abbott, Edith

Agate, William Richard

Akers, Dwight La Brae

Allen, William Harvey

Alvord, Clarence Walworth

Andrassy, Eugene Charles de

Apel, Paul Herman

Appell, Carl John

Apps, Elizabeth

Arbuthnot, Charles Criswell

Ardzrooni, Leon

Arnett, Trevor

Arnos, Edward Martin

Atcherson, Lucile

Ault, Otho Clifford

Bacon, Margaret Gray

Baker, Edward Donald

Balch, Emily Greene

Baldwin, James Fosdick

Ball, Ernest Everett

Barden, Carrie

Barnes, Jasper Converse

Barnes, Mabel Bonnell

Baron, Albert Heyen Nachman

Barrett, Don Carlos

Barrett, Roscoe Conkling

Bassett, Wilbur Wheeler

Bealin, Nella Ellery

Beall, Cornelia Morgan

Belknap, William Burke, Jr.

Bell, Hugh Samuel

Bell, James Warsau

Bell, Spurgeon

Bender, Christian Edward

Bengtson, Caroline

Benson, Madison Hawthorne

Berghoff, Lewis Windthorst

Bernstein, Nathan

Beyle, Herman Carey

Bischoff, Henry J.

Blachly, Clarence Day

Black, John Donald

Blankenship, Harry Alden

Bliss, George Morgan

Blotkin, Frank Ernest

Board, Willis Marvin

Bolinger, Walter Allen

Bond, William Scott

Bonnett, Clarence Elmore

Borden, Edwin Howard

Bosworth, William Baeder

Bournival, Phillippe

Bouroff, Basil Andreevitch

Boyce, Warren Scott

Boyd, Carl Evans

Boyd, Charles Samuel

Boyd, William Edington

Bozarth, Maud

Bradenburg, Samuel Jacob

Bradley, Frederick Oliver

Bramhall, Frederick Dennison

Brandenberger, William Samuel

Breckinridge, Roeliff Morton

Breckinridge, Sophonisba Preston

Bridgman, Donald Elliott

Bridgman, Isaac Martin

Briggs, Claude Porter

Brister, John Willard

Bristol, William Frank

Bristow, Oliver Martin

Brooks, Samuel Palmer

Brown, Fanny Chamberlain

Brown, Samuel Emmons

Brownson, Howard Gray

Bryant, William Cullen

Buchanan, Daniel Houston

Buchanan, James Shannon

Buechel, Fred A.

Bulkley, Herman Egbert

Bullock, Theodore Tunnison

Burnet, Francis Lowden

Burnham, Smith

Bushnell, Charles Joseph

Butts, Alfred Benjamin

Byers, Charles Howard

Byram, Perry Magnus

Cable, Joseph Ray

Calhoun, Wilbur Pere

Calvert, George Chambers

Cammack, Ira Insco

Canning, John Bennet

Capitsini, George Peter

Carlton, Frank Tracy

Carmack, James Abner

Carroll, John Murray

Carroll, Mollie Ray

Cartwright, Lawrence Randolph

Cassells, Gladys May

Catterall, Ralph Charles Henry

Chamberlain, Elizabeth Leland

Chapin, Lillian

Chen, Huan Chang

Chen, Po

Cheng, Pekao Tienton

Cheu, Beihan H.

Church, Clarence Cecil

Church, James Duncan

Clark, Fred Emerson

Clark, Henry Tefft

Clarkson, Matthew Alexander

Cleveland, Frederick Albert

Clifford, Wesley Nathaniel

Cole, Warren Bushnell

Collicott, Jacob Grant

Collins, Laurence Gerald

Colton, Ethan Theodore

Colvin, David Leigh

Colvin, William Elmer

Conover, William Bone

Cordell, Harry William

Cox, William Edward

Craig, Earl Robert

Cross, William Thomas

Crowther, Elizabeth

Cummings, John

Curran, James Harris

Cutler, Ward Augustus

Daniels, Eva Josephine

Darden, William Edward

Das, Rajani Kanta

Davenport, Frances Gardiner

Davenport, Herbert Joseph

Davidson, Margaret

Davis, Blanche

Davis, Katharine Bement

Davison, Leslie Leroy

Davison, Madeline

Dawley, Almena

Day, James Frank

DeCew, Louisa Carpenter

Dies, William Porter

Dodd, Walter Fairleigh

Dodge, LeVant

Donald, William John Alexander

Donnell, James Allister

Downey, Ezekiel Henry

Duncan, Carson Samuel

Duncan, George Edward

Duncan, Marcus Homer

Duncan, Margaret Louise

Dunford, Charles Scott

Dunlap, Arthur Beardsley

Dunn, Arthur William

Durand, Alice May

Durno, William Field

Duval, Louis Weyman

Dye, Charles Hutchinson

Dyer, Gustavus Walker

Dymond, Edith Luella

Dyson, Walter Mitchell

Easly, Walter Irving

Easton, William Oliver

Ebersole, John Franklin

Edwards, Anne Katherine

Eidson, Lambert

Ellis, Charles Hardin

Ellis, Mabel Brown

Elmore, Edward Bundette

Engle, John Franklin

Erickson, Ephraim Edward

Eslick, Theodore Parker

Eyerly, Elmer Kendall

Felton, Katharine Conway

Fine, Nathan

Fish, Alfred Lawrence

Fitzgerald, James Anderson

Fleming, Capen Alexander

Fleming, Herbert Easton

Fleming, William Ebenezer

Flocken, Ira Graessle

Foley, Roy William

Forrest, Jacob Dorsey

Fortney, Lorain

Foucht, Pearl Leroy

Francis, Bruce

Franklin, Frank George

Frazier, Edgar George

Freeark, Frederick Aaron

Freeman, Helen Alden

Freeman, Ralph Evans

Freer, Hamline Herbert

Galloway, Ida Gray

Galloway, Louis Caldwell

Gamble, George Hawthorne

Gardner, Emelyn Elizabeth

Gardner, William Howatt

Garver, Frederic Benjamin

Gebauer, George Rudolph

Geddes, Joseph Arch

Genheimer, Eli Thomas

Gephart, William Franklin

Glover, Ethel Adelia

Going, Margaret Chase

Goodhue, Everett Walton

Goodier, Floyd Tompkins

Graham, Theodore Finley

Granger, Marshall Allen

Granger, Roy T.

Grant, Laura Churchill

Gray, Edith Scott

Gray, Helen Sayr

Gray, Victor Evan

Green, Martha Florence

Gregg, Eugene Stuart

Gregory, Homer Ewart

Griffith, Elmer Cummings

Grimes, Anne Blanche

Grimson, Gudmundur

Griswold, George C.

Gromer, Samuel David

Grubb, Willard Neal

Guice, Herman Hunter

Guild, Charles Kelly

Guildford, Paul Willis

Guthrie, William Buck

Hagerty, James Edward

Hahne, Ernest Herman

Hall, Arnold Bennett

Hamilton, John Bascom

Hamilton, Robert Houston

Hammond, Alva Merwin

Hand, Chester Culver

Hanks, Ethel Edna

Harding, William Fletcher

Hardy, Eric West

Hardy, Sarah McLean

Hargrove, Pinkney Settle

Harris, Estelle

Harris, Ralph B.

Hastings, Cora Walton

Hatfield, Henry Rand

Haynes, Fanny Belle

Hearon, Cleo Carson

Hedrick, Wilbur Olin

Herger, Albert August Ernst

Herndon, Dallas Tabor

Herron, Belva Mary

Hewes, Amy

Hidden, Irad Morton

Hill, Harvey Thomas

Hinton, Vasco Giles

Hitchcock, William

Hodgdon, Mary Josephine

Hodge, Albert Claire

Hodgin, Cyrus Wilbur

Holman, Guy

Holmes, Marion

Honska, Otto James

Hope, Chauncey Edward

Hopkins, Albert Lafayette

Hopkins, John Lamar

Horner, John Turner

Hotchkiss, Irma Helen

Hourwich, Isaac A.

Howard, Earl Dean

Howe, Charles Roland

Howerth, Ira Woods

Hoxie, Robert Franklin

Hoyt, Homer

Hubbard, Howard Archibald

Hughes, Elizabeth

Humble, Henry William

Humphries, Louis Kyle

Hunt, Duane Garrison

Hunter, Estelle Belle

Huntington, Ellery Channing

Huth, Walter

Ito, Jiniro

Jacobson, Henry Anthony

Jalandoni, Jose Ledesma

Johnson, Edgar Hutchinson

Johnson, Edna Margaret

Jones, Austin Franklin

Jordan, Elijah John

Juchhoof, Frederik

Jude, George Washington

Kaiser, Arthur

Kammeyer, Julius Ernest

Karsten, Eleanor G.

Keeney, George Albert

Kelley, James Herbert

Kellor, Frances Alice

Kelly, Arthur Caryl

Kennedy, John Curtis

Kern, Robert Russ

Kerr, Robert Floyd

Kester, Roy Bernard

Kibler, Thomas Latimer

Kilpatrick, Elizabeth Smith

King, Benjamin Walter

King, Harriet Gertrude

King, James Alexander

King, James Stanhope

King, William Lyon Mackenzie

Kinsman, Delos Oscar

Kirkham, Francis Washington

Kling, Henry Frank

Kobayashi, Kaoru

Koepke, Frank Oswald

Kyrk, Hazel

Lamar, Clyde Park

Lamborn, William Henry

Landis, George Butts

Lane, Elmer Burr

Lang, Ellen Flora

Lange-Wilkes, Friedrich Fred

Larkin, Manuel Lippitt

La Rowe, Eugene

Latourette, Lyman Ezra

Lauck, William Jett

Lauder, Charles Edward

Laune, Ferris Finley

Lavery, Maud Ethel

Leacock, Stephen Butler

Learned, Henry Barrett

Leavitt, Orpha Euphemia

Le Drew, Henry Herbert

Lee, Mary Margaret

Leff, Samuel

Lefler, Shepherd

Legh, Sydney Cornwall

Lenhart, Harry Hull

Lennes, Nels Johan

Leonard, Walter Anderson

Lewis, Henry

Lewis, Neil Madison

Lindholm, Svanto Godfrey

Lippincott, Isaac

Lipsky, Harry Alexander

Lobdell, Charles Walter

Logan, Harold Amos

Logan, John Lockheart

Loomis, Milton Early

Loveless, Milo James

Lowry, Russell

Lucas, William Hardin

Luehring, Frederick William

Lurton, Freeman Ellsworth

McAfee, Lowell Mason

McClintock, Euphemia E.

MacClintock, Samuel Sweeny

McCord, Robert Bryan

McCrimmon, Abraham Lincoln

McCurdy, Raymond Scott

McCutchen, George

McDonald, Julius Flake

McDonald, Neil C.

McElroy, Charles Foster

McGaughey, Hester Grier

McGee, Walter Scott

MacGibbon, Duncan Alexander

Machen, John Gresham

McIntosh, Donald Howard

McKenzie, Floyd Stanley

McKinley, Alexander Daniel

McKinley, Gertrude

Kinney, Winfield Scott

McLean, Earl

MacLean, Murdoch Haddon

McLean, Simon James

Maclear, John Fulton

McMullen, Samuel

MacQueary, Thomas Howard

Magee, James Dysart

Magee, James Edward

Mangold, George Benjamin

Manly, Basil Maxwell

Mann, Albert Russell

Marsh, Benjamin Clarke

Martin, Asa Earl

Martin, William Chaille

Marxen, William Bartenick

Matheny, Francis Edmund

Mather, Arlen Raymond

Matlock, Ernest

Maw, Vung Tsoong

Maynard, Archibald Benton

Meade, Edward Sherwood

Meek, James Rariden

Menge, George John

Merrell, Oscar Joe

Merritt, Albert Newton

Merry, Paul Horace

Miller, Christian A.

Miller, Clarence Heath

Miller, Edmund Thornton

Miller, Frieda Segelke

Miller, Roy Newman

Miller, Wiley Austin

Million, John Wilson

Millis, Harry Alvin

Mills, Florence Howland

Mitchell, James Ennis

Mitchell, Wesley Clair

Moffat, James Ernest

Monroe, Paul

Montgomery, Louise

Montgomery, Stafford

Moore, Blaine Free

Moore, Stephen Halcut

Morris, Robert

Mosser, Stacy Carroll

Moulton, Harold Glenn

Mumford, Eben

Munn, Glenn Gaywaine

Nagley, Frank Alvin

Nash, Walter Dudley

Naylor, Augustine Francis

Neff, Andrew Love

Neill, Charles Patrick

Nesbitt, Charles Rudolph

Newton, John Reuben

Nida, William Lewis

Niece, Ralph Harter

Northrup, John Eldridge

Norton, Elvin Jensen

Norton, Grace Peloubet

Nourse, Edwin Griswold

Noyes, Edmund Spencer

O’Brien, Charlotte Louise

O’Dea, Paul Montgomery

O’Hara, Frank

Okada, George F.

Olin, Oscar Eugene

Padan, Robert Samuel

Paden, Thomas Hosack

Parker, Bertrand De Rolph, Jr.

Parker, Norman Sallee

Parker, Robert Lincoln

Parker, Ulysses Simpson

Parish, Charles O.

Paschal, Rosa Catherine

Patterson, Ernest Minor

Patton, Eugene Bryan

Pattrick, John Hezzie

Payne, Walter A.

Peabody, Susan Wade

Pease, Theodore Calvin

Pease, William Arthur

Perrine, Cora Belle

Peterson, Otto Edward

Phillips, Ulrich Bonnell

Pierce, Paul Skeels

Polzin, Benzamin Albert

Porter, Nathan Tanner

Potts, Charles Shirley

Powell, Bert Eardly

Powell, Leona Margaret

Prescott, Arthur Taylor

Price, Maude Azalie

Primm, Clarence J.

Putnam, James William

Putnam, Mary Burnham

Quaintance, Hadley Winfield

Rabenstein, Matilda Agnes

Radcliffe, Earle Warren

Rainey, Alice Hall

Reasoner, Florence

Reed, Ralph Johnston

Refsell, Oscar Norton

Reighard, John Jacob

Remick, Mary Ethel

Remp, Martin

Renninger, Warren Daub

Reticker, Ruth

Rice, Dorothy Lydia

Richardson, Russell

Richey, Mary Olive

Richter, Arthur William

Riley, Elmer Author

Ristine, Edward Ransom

Robertson, James Rood

Rogers, May Josephine

Rosenberg, Edwin J.

Rosseter, Edward Clark

Rygh, George Taylor

Sanderson, Dwight

Sandwich, Richard Lanning

Schafer, Joseph

Scheftel, Yetta

Schloss, Murray L.

Schmidt, Lydia Marie

Schmidt, Otto Gustave

Schmitt, Ella

Schoedinger, Fred H.

Schroeder, Charles Ward

Scott, D. R.

Scott, Edward Lee

Scott, James M.

Seegmiller, Frederick Snyder

Selian, Avedis Bedros

Sellery, George Clark

Senseman, Ira Roscoe

Seward, Ora Philander

Shaw, George Washington

Shelton, William Arthur

Shepherd, Fred Strong

Shoemaker, Lucile

Shue, William Daniel

Sikes, George Cushing

Simons, Frederick Myerle

Sinclair, James Grundy

Singer, Martin

Skelton, Oscar Douglas

Slemp, Campbell Bascom

Smith, Almeron Warren

Smith, Gerard Thomas

Smith, Guy Carlton

Smith, Roy

Smith, Walter Robertson

Smyser, Seldon Frazer

Snavely, Charles

Sorenson, Alban David

Sorrell, Lewis Carlyle

Sparks, Edwin Erle

Spencer, Simpson Edward

Splawn, William Marshall Walter

Sproul, Alexander Hugh

Stark, William Belle

Stearns, Tilden Hendricks

Steiner, Jesse Frederick

Stephens, George Asbury

Stephenson, George Malcolm

Sterns, Worthy Putnam

Stevens, William Spring

Stone, Raleigh Webster

Stoneberg, Philip John

Stoner, Thurman Wendell

Stowe, Frederick Arthur

Stuart, Henry Waldgrave

Styles, Albert Frederick

Sullivan, Margaret Veronica

Sundstrom, Ingeborg

Sutherland, Edwin Hardin

Swan, Laurence Wardell

Swanson, William Walker

Swift, Elizabeth Andrews

Sydenstricker, Edgar

Tajima, Kazuyoshi

Takimoto, Tanezo

Tan, Chang Lok

Tanner, Alvin Charles

Tarr, Stambury Ryrie

Taylor, Archibald Wellington

Taylor, William G.

Temple, Frances Congdon

Teng, Kwangtang

Textor, Lucy Elizabeth

Thomas, David Yancey

Thompson, Carl William

Thompson, Charles Sproull

Thompson, Edwin Elbert

Thompson, John Giffin

Thorne, Florence Calvert

Thornhill, Ernest Algier

Thurston, Henry Winfred

Tiffany, Orrin Edward

Tilton, Howard Cyrus

Towle, Ralph Egbert

Towne, George Lewis

Treleven, John Edward

Tunell, George Gerard

Tunnicliff, Helen Honor

Turner, Mary

Updegraff, Elizabeth

Valgren, Victor Nelson

Varkala, Joseph Paul

Vassardakis, Cleanthes Aristides

Veblen, Thorstein B.

Vernier, Chester Garfield

Vogt, Paul Leroy

Vondracek, Olga Olive

Waldo, Karl Douglas

Waldorf, Lee

Waldron, George Burnside

Walker, Edson Granville

Walling, William English

Walrath, Albert Leland

Waltz, Merle Bowman

Wardlow, Chester Cameron

Ware, Richard

Warren, Henry Kimball

Warren, Worcester

Watson, Robert Eli

Watts, Cicero Floyd

Weaver, Samuel Roy

Webster, Arthur Ferdinand

Webster, William Clarence

Weisman, Russell

Wells, Emilie Louise

Wells, Oliver Edwin

West, Max

West, Victor J.

Westlake, Ruby Moss

Weston, Jessie Beatrice

Wethington, Joseph Francis

Whipple, Elliot

Whitaker, Hobart Karl

Whitcomb, Adele

White, Francis Harding

White, Henry Kirke

White, Laura Amanda

Whited, Oric Ogilvie

Wilcox, William Craig

Wildman, Murray Shipley

Willard, Laura

Williams, Arthur Rowland

Williams, Charles Byron

Williams, Frank North

Williams, John William

Williams, Pelagius

Willis, Henry Parker

Wilson, Eugene Alonzo

Winans, Clarence Henry

Winston, Ambrose Pare

Winston, James Edward

Wirt, William Albert

Witmer, John Earl

Woods, Erville Bartlett

Woolley, Edwin Campbell

Wright, Helen Russell

Yahn, Harold George

Yeisaku, Kominami

Youngman, Anna Pritchett

Zaring, Aziel Floyd

Zee, Treusinn Zoen

Zimmerman, John Franklin

___________________________________

 

DOCTORS OF PHILOSOPHY OF THE UNIVERSITY OF CHICAGO
DEPARTMENT OF POLITICAL ECONOMY

Edith Abbott (1905)

A Statistical Study of the Wages of Unskilled Labor in the United States, 1830-1900.

Charles Criswell Arbuthnot (1903)

The Development of the Corporation and the Entrepreneur Function.

Donald Elliott Bridgman (1907)

Economic Causes of Large Fortunes.

John Cummings (1894)

The Poor Law System of the United States.

Herbert Joseph Davenport (1898)

The French War Indemnity.

Katharine Bement Davis (1900)

Causes Affecting the Standard of Living and Wages.

William John Alexander Donald (1914)

The History of the Canadian Iron and Steel Industry.

Henry Rand Hatfield (1897)

Municipal Bonding in the United States.

Earl Dean Howard (1905)

The Recent Industrial Progress of Germany.

Robert Franklin Hoxie (1905)

An Analysis of the Concepts of Demand and Supply in Their Relation to Market Price.

Edgar Hutchinson Johnson (1910)

The Economics of Henry George’s Progress and Poverty.

Stephen Butler Leacock (1903)

The Doctrine of Laissez Faire.

Isaac Lippincott (1912)

The Industrial History of the Ohio Valley to 1860.

Duncan Alexander MacGibbon (1915)

Railway Rates and the Canadian Railway Commission.

Simon James McLean (1897)

The Railway Policy of Canada.

James Dysart Magee (1913)

Money and Prices: A Statistical Study of Price Movements.

Albert Newton Merritt (1906)

Federal Regulation of Railway Rates.

Harry Alvin Millis (1899)

History of the Finances of the City of Chicago.

Wesley Clair Mitchell (1899)

History of the United States Notes.

Harold Glenn Moulton (1914)

Waterways versus Railways.

Edwin Griswold Nourse (1915)

A Study in Market Mechanism as a Factor in Price Determination.

Robert Samuel Padan (1901)

Studies in Interest.

Eugene Bryan Patton (1908)

The Resumption of Specie Payment in 1879.

Oscar Douglas Skelton (1908)

An Examination of Marxian Theory.

George Asbury Stephens (1909)

Influence of Trade Education upon Wages.

Worthy Putnam Sterns (1900)

Studies in the Foreign Trade of the United States.

William Walker Swanson (1908)

The Establishment of the National Banking System.

George Gerard Tunell (1897)

Transportation on the Great Lakes of North America.

Murray Shipley Wildman (1904)

The Economic and Social Conditions Which Explain Inflation Movements in the United States.

Henry Parker Willis (1898)

A History of the Latin Monetary Union.

Anna Pritchett Youngman (1908)

The Economic Causes of Large Fortunes.

___________________________________

 

A STATISTICAL RECORD OF GROWTH
1892-1916

1916_UCRecordGrowth

 

Source: James Laurence Laughlin, Twenty-Five Years of the Department of Political Economy, University of Chicago. Chicago: Privately printed, 1916.

Image Source: “JLL” initials from the title page, ibid.