Tuck School
THE Tuck School is again in high gear after a very welcome summer vacation— the first since 1941. We are all in excellent spirits, our buildings have been "dressed up" with some beautiful new drapes and we have a fine group of students. Our enrollment is high. The latest report breaks down as follows: First-Year Tuck—118 men; First-Year Tuck-Thayer—18 men; Second-Year Tuck -80 men; Second-Year Tuck-Thayer—to men. This total of 226 men is approximately 90 more than our usual "normal."
The vacation for many of the faculty was a change and an opportunity to pick up many loose ends of research dropped because of the pressure of work during the last few years. Here is an indication of what was accomplished. Professor Woodworth made substantial progress on a complete revision of his text Principles of Money and Banking. It is hoped that the manuscript will go to the publisher by the first of next year. Mr. Bright completed his manuscript on TechnologicalChange and Economic Development in theElectric Lamp Industry: 1800-1947, which is now in the hands of the publisher and will be out sometime in the spring. Professor Sargent has completed a number of chapters in a new cost accounting handbook to which he is a substantial contributor and is also working on his book on Cost Accounting andAnalysis. Professor Duncombe completed his manuscript on The Economic Aspects of anAging Labor Force. We reported to you earlier the publication of Professor Frey's excellent text on Advertising.
Professors Burleigh and Hill had an active summer in preparing teaching materials. On one" trip to Syracuse they visited the plants of the Carrier Corporation, Sealright Corporation, L. C. Smith Co., and the Prosperity Company, Inc. In addition to being a most stimulating and worthwhile trip they had an excellent time seeing old Tuck School friends, among whom were Frederick W. Smith T'26, James P. Scott T'41 and John Harriman. Professor Hill attended the nationally famous machine tool exhibition in Chicago and was the guest of Gordon Haverkampf T'35. He also visited in Cleveland the Thompson Products Corporation and the Lincoln Electric Company and was entertained by Bob Williamson T'47 and Charlie Williams T'47. Karl was also one of twenty judges selected to evaluate contributions made to industrial processes in a contest conducted by the Lincoln Electric Company.
Professor Feldman has recently returned from the American Management Association Fall Conference dealing primarily with the Taft-Hartley Act. Dean Olsen spoke on October 16 at the 35th annual conference on Taxation held in Whitefield, New Hampshire. This conference conducted under the auspices of the New England State Taxation Officials Association is an important annual event in New England. Dean Olsen discussed general business conditions in a session devoted to the topic of "Assessment of Real Property Under Present Conditions." As a member of the committee of the American Council on Education, Dean Olsen attended on October 17 a meeting of a special committee organized for the study of "Education for Business in the United States." Professor Griswold and Mrs. Griswold spent the summer at their summer home in Minnesota. A large portion of Professor Griswold's summer was spent in the development of cases to be used in his course in financial management.
Professor Wellman spent his summer as usual salmon fishing in Newfoundland and New Brunswick and returned to Tuck School very much refreshed and in good health. Professor Foster spent his summer mainly in Hanover working part time on a revision of his text book Principles of Accounting. Professor Stone spent the summer on his farm at Union Village, Vermont, attempting to get some much needed relaxation. He reports, however, that the constant blasting at the nearby dam project leads him to doubt the vaunted quiet of rural Vermont.
Professor McDonald made headquarters in Hanover where he was busy with both committee work and the trimming of his golf score to the low Bo's. He was guest speaker at the Symposium on Commodity Marketing and Distribution held at the Hotel New Yorker on August 15-16. His address was entitled, "Foreign Trade Policies of the United States." During the summer he also spoke on foreign trade policy at Hanover Holiday, the Mountain View House, the Balsams, and the Lake Tarleton Club.
Recently we had a very pleasant visit from Granville Fuller T'17 of the G. Fuller & Son Lumber Company.
Duncan Newell T'37 dropped in on us yesterday. Dune recently received a promotion to assistant investment officer of the Old Colony Trust Company. His engagement to Miss Phyllis Dorr of Newport, N. H., was announced in August and he expects to be married next spring.
Ben Moats T'46 has recently become manager of a wood-products mill at Pike, N. H. He was formerly employed by the Commercial National Bank and Trust Company in New York City.
Thorbjorn Thorsen T'47 paid us a visit in September. He was planning to enter the training program of General Electric in Schenectady within a few weeks.
Carlton Osberg T'47 was another September visitor. He is Assistant Comptroller of Ginn and Company in Boston, and reported enthusiastically on his work. He spent the summer in the New York office, and expects to be sent to the Chicago office soon on a temporary assignment.
Charles J. Zimmerman T'24 has been appointed Assistant Management Director of the Life Insurance Agency Management Association in Hartford, Connecticut. He continues also as Director of Institutional Relations.
Richard H. Rush T'38 is the author of an article, "Airline Safety Record," which appeared in the August, 1947 issue of Air Transport. Dick is now a research consultant with offices in Washington, D. C.
Merle Hagen T'46 wrote us recently that he is teaching at New York State Agricultural and Technical Institute in Canton, New York. He spent the summer working on a master's degree in education at St. Lawrence Univ.
Harris Dawson Jr., T'36 became the father of a daughter, Hallette Christiana, on July 22. Our belated congratulations, Swanee.
