FOUR PRIZES OFFERED FOR ECONOMICS ESSAYS

Four prizes, ranging from $1000 to $200, will be awarded in 1924 for the best studies in the economic field by a committee composed of Professor J. Laurence Laughlin, University of Chicago, Professor J.B. Clark, Columbia University, President Edwin F. Gay, NewYork Evening Post, Hon. Theodore E. Burton, Washington, and Professor Wesley C. Mitchell, Columbia, in order to arouse interest in the study of topics relating to commerce and industry, and to stimulate those who have a college training to consider business problems. The? prizes are offered through the generosity of Hart, Schaffner & Marx of Chicago.

Some of the suggested subjects are: "A Survey of the World's Cotton Situation," "The Theory and Practice of Ship Subsidies," "The Sales Tax," "The Theory and Practice of Unemployment Insurance," "What Conditions Limit the Amount of Wages That Can Be Paid?" and "A Comparison of Business Cycles in the United States, Great Britain and Canada." Competitors are not confined to these subjects, however, but any other topic must first be approved by the committee.

Contestants are divided into Class A and Class B. Class A includes any residents of the United States or Canada, without restriction or age limit, no degree or college training being required. A first prize of $1000 and a second of $500 are offered in this class. Class B includes those who, at the time the papers are handed in, are undergraduates of any American college. The prizes for this class are a first of $300 and a second of $200.

The papers should be sent in on or before June 1, 1924, to J. Laurence Laughlin, Esq., University of Chicago.