Preface
This series of books owes its existence to the generosity of Messrs. Hart, Schaffner & Marx, of Chicago, who have shown a special interest in trying to draw the attention of American youth to the study of economic and commercial subjects. For this purpose they have delegated to the undersigned committee the task of selecting or approving of topics, making announcements, and awarding prizes annually for those who wish to compete.
For the year ending June 1, 1917, there were offered:
In Class A, which included any American without restriction, a first prize of $1000, and a second prize of $500.
In Class B, which included any who were at the time undergraduates of an American college, a first prize of $300, and a second prize of $200.
Any essay submitted in Class B, if deemed of sufficient merit, could receive a prize in Class A.
The present volume, submitted in Class A, was awarded second prize in that class.
J. LAURENCE LAUGHLIN,
Chairman
University of Chicago
J. B. CLARK
Columbia University
HENRY C. ADAMS
University of Michigan
EDWIN F. GAY
N.Y. Evening Post
THEODORE E. BURTON
New York City