Class of 1876

Peabody is judged to be the only member o£ the surviving group of '76 graduates who drives a car; an activity in which he may well rejoice. It seems a surprising fact at first, but not so on reflection;—that half of the surviving '76 group never owned a car.

Hill is off for Florida, via Chattanooga where he will remain several weeks with a son. His objective in Florida is Winter Park, where he spent a portion of last winter. He plans visiting Hardison in DeLand in February.

The following quotation is from an editorial in the New York Times, October 7 1937-

"Probably not since the publication ofAdam Smith's 'Wealth of Nations' has abook of its kind had wider circulationthan the 'Outlines of Economicsby Richard T. Ely, who at 83 years of age is stilleagerly at work. The book was originallypublished in iBBp for use in Chautauqua,where Dr. Ely, a professor of economicsin Johns Hopkins, spent his summer vaca-tions lecturing along with Dr. HerbertAdams in history, Dr. William R. Harperin the Bible, Dr. Mahaffy in Greek lit-erature, and other great scholars of theday. It carried then the modest title of'lntroduction to Political Economy.' Butit has advanced into a survey of the entirefield of economics and into a volume insize comparable with that of certain mostpopular books in the field of fiction. Thebook has entered upon its sixth editionwith a record of over 320,000, chiefly incolleges, since 1910 (and a total 'well uptoward a million' if sales in a separateEnglish edition were included), and withmore than a thousand pages of wellprinted matter. Moreover, it has beentranslated into many languages."

Ely has accepted an invitation to enter the faculty of Columbia University as visiting lecturer in economics. The position will enable him to concentrate on finishing certain lines of research.

ALUMNI FUND RECORD FOR 1937

7 contributors ($4% of graduates),total gifts of $138.00 (133% of objective ).

HENRY H. PIPER, D.M.D., Class Agent

CONTRIBUTORS

1876 Clark, L. Curran Goodhue, George Hill, Frank P. McElroy, James F.1 Morrill, Albro D. Piper, Henry H. Thayer, Francis P. 1 Memorial gift fromMrs. McElroy.

Secretary, 411 High St., West Medford, Mass.