PRIZES FOR CURRENT YEAR

The following is a statement of various prizes which have been offered by outside institutions for the academic year 1907-08, and which are open to students in different departments of the University.

For Essays on Economic Studies.

The University of Chicago has been enabled, through the generosity of Messrs. Hart, Schaffner and Marx, of Chicago, to offer again in 1908, as in the past three years, four prizes for the best essay on any one of the following subjects:

1. An examination into the economic causes of large fortunes in this country.

2. The history of one selected railway system in the United States.

3. The untouched agricultural resources of North America.

4. Resumption of specie payments in 1789.

5. Industrial combinations and the financial collapse of 1903.

6. The case against socialism.

7. Causes of the rise of prices since 1898.

8. Should inequalities of wealth be regulated by a progressive income tax?

9. The effect of the industrial awakening of Asia upon the economic development of the West.

10. The causes of recent rise in the price of silver.

11. The relation of an elastic bank currency to bank credits in an emergency.

12. A just and practical method of sixing railway property.

A first prize of one thousand dollars and a second prize of five hundred dollars in cash are offered for the best studies presented by class A, composed exclusively of all persons who have received the bachelor's degree from an American college in 1896, or thereafter; and a first prize of three hundred dollars, and a second prize of one hundred and fifty dollars in cash are offered for the best studies in class B, composed of persons who, at the time the papers are sent in, are undergraduates of an American college. No one in Class A may compete in Class B, but anyone in Class B may compete in Class A. The committee reserves to itself the right to award the two prizes of one thousand dollars and five hundred dollars to undergraduates, if the merits of the papers should demand it.

The ownership of the copyright of successful studies will rest in the donors, and it is expected that, without precluding the use of these papers as theses for higher degrees, they will cause them to be issued in some permanent form.

Competitors are advised that the studies should be thorough, expressed in good English, and although not limited as to length, they should not be needlessly expanded. They should be inscribed with an assumed name, and whether in Class A, or Class B, the year when the bachelor's degree was or is likely to be received, and accompanied by a sealed envelope giving the real name and the address of the competitor, and the institution which conferred the degree, or in which he is studying. The papers should be sent on or before June 1, 1908, to J. L. Laughlin, Esq., Box 145, Faculty Exchange, Chicago, Illinois.

Prize Open to Chemistry Students.

The Messrs. Mallinckrodt of St. Louis have offered the sum of $500 for the year 1907-08 to a student of chemistry in the Graduate School, on condition that he enter their employ next year at a suitable salary. This prize was offered for the first time last year. A candidate for the prize must have taken Chemistry 5, 6, 9 and 10, and must take or have taken Chemistry 11. The prize will be awarded to a man who has done extensive work in advanced chemistry, and preference will be given to one who has received broad theoretical training in research which will serve as a foundation for the subsequent practice of technical chemistry. Only students of unusual ability will be considered. It is understood that the holder of this stipend will do no other work, such as tutoring or proctoring in examinations; but a laboratory assistant may receive a part of the stipend, or it may be divided between two assistants who conform to the above conditions. The award of the prize is made on the recommendation of the Faculty of the Department of Chemistry. Applications should be made before March 31 to Professor C. L. Jackson, Boylston 6.

National Municipal League Prize.

The National Municipal League has established an annual prize, called the "William H. Baldwin Prize," to be given to the author of the best essay on a subject connected with municipal government. For the year 1907-98 the competition will be limited to undergraduate students registered in a regular course in any college or university in the United States offering distinct instruction in municipal government, and the essays will be limited to 10,000 words in length. The prize will be awarded by three judges selected by the executive committee of the League, and the name of the winner will be announced at the next annual meeting.

The subject of the essay for 1907-08 is "The Relation of the Municipality to the Transportation Service," and those entering the competition are expected to treat the following sub-divisions:

1. Constitutional, statutory, charter and ordinance provisions regulating the granting of street railway franchises.

2. Historical sketch of the development of the street railway system, with particular attention to the attitude of the public toward franchise grants during the early period of street railway development.

3. Relation of the municipality to the street railway companies: (a) terms of existing franchise grants; (b) money payments from year to year, in the nature of taxes and in the nature of rental for streets; (c) services other than money payments required of the companies, such as street paving, street cleaning, etc.; (d) the finances of the street railway company; (e) the process of consolidation of street railway companies, if such has taken place; (f) the present condition of the street railway service; (g) suggestions for the improvement of the service.

Essays to be considered must be mailed not later than March 15, 1908, and must be addressed to the "Chairman of the Committee of Judges, care of Clinton R. Woodruff, Secretary of the National Municipal League, 705 North American Building, Philadelphia, Pa." marked "For the William H. Baldwin Prize." Each competitor should mark a "nom-de-plume" on his essay, and enclose with the essay a sealed envelope containing the full name, address, class and college corresponding to such "nom-de-plume."

The prize was awarded last year to T. A. Thacher, of Yale University, with honorable mention of A. E. Pinanski '08.