Fund for Teaching Economics.

A special endowment fund to foster teaching and scholarly research in economics has been established at the College by, and named for, Lewis H. Haney '03 of Port Washington, N. Y., who has been a professor of economics, a government economist, a syndicated newspaper columnist, and a nationally known economic consultant.

Professor Haney's basic purpose in making the endowment is to encourage at Dartmouth the search for the causes and conditions that determine economic value and tend toward voluntary equilibrium in economic life. To this end, the endowment will support teaching and scholarly studies especially in the history of economic thought, and the bearing of

such history on current economic theories and policies. In establishing the endowment, Professor Haney left the specific uses of the fund to the discretion of the Trustees and faculty, urging that a high degree of flexibility be maintained.

However, among the uses he has suggested is the bringing of distinguished visiting professors to Dartmouth to discuss subjects pertaining to the basic purpose. Other possible uses suggested are: support of lectures and seminars, financing of graduate or undergraduate fellowships, awarding of prizes for outstanding student papers, or in other ways to suport scholarly research in the relationship of past periods in the history of economic thought to contemporary economic doc- trines or policies.

The Trustees and faculty have made the first use of the fund in appointing Prof. Frank W. Fetter of Winnetka, Ill., and Northwestern University as a Visiting Professor of Economics for the 1967-68 academic year.

The endowment's founder, Professor Haney, has had an active career in teaching, writing and consulting that spanned more than 50 years. He taught at the University of lowa, the University of Michigan, and the University of Texas between 1906 and 1916, and was an economist and member of the Economic Advisory Board of the Federal Trade Commission from 1916 to 1919. He joined the faculty of New York University's Graduate School of Business Administration in 1920, where he served until he retired in 1955.

He has been a member of the editorial board of the American Economic Review and of the Economic Advisory Group of the National Association of Manufacturers. From 1928 to 1957 Professor Haney wrote a daily financial column which was syndicated in Hearst and other newspapers.