Tag: MillsFC

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Columbia Economist Market Economists Harvard

Harvard and Columbia. President of Harvard headhunting conversation regarding economists. Mitchell and Mills, 1936

The following typed notes were based on a conversation that took place on February 21, 1936 regarding possible future hires for the Harvard economics department. President James B. Conant (or someone on his behalf) met with Columbia university professors Wesley C. Mitchell and his NBER sidekick, Frederick C. Mills. This artifact comes from President Conant’s administrative records in the Harvard Archives.

In the memo we find a few frank impressions of members of the Harvard economics departments together with head-hunting tips for established and up-and-coming economists of the day.

An observation that jumps from the paper is the identification pinned to the name Arthur F. Burns, namely, “(Jew)”. Interestingly enough this was not added to Arthur William Marget (see the earlier post Harvard Alumnus. A.W. Marget. Too Jewish for Chicago? 1927.) nor to Seymour Harris.  

________________________

[stamp] FEB 25, 1936

ECONOMICS

Confidential Memorandum of a Conversation on Friday, February 21, with Wesley [Clair] Mitchell and his colleague, Professor [Frederick Cecil] Mills (?) of Columbia

General impression is that the Department of Economics at Harvard is in a better state today than these gentlemen would have thought possible a few years ago. The group from 35-50 which now faces the future is about as good as any in the country. [Edward Hastings] Chamberlin, [John Henry] Williams,[Gottfried] Haberler and Schlichter [sic, [Sumner Slichter] are certainly quite outstanding. Very little known about [Edward Sagendorph] Mason;  he seems to have made a favorable impression but no writings. [Seymour Edwin] Harris slightly known, favorable but not exciting.

[John Ulric] Neff admitted to be the best man in economic history if we could get him. Names of other people in this country mentioned included:

[Robert Alexander] Brady — University of California, now working on Carnegie grant on bureaucracy; under 40.

Arthur [F.] Burns at Rutgers (Jew) now working with the Bureau of Economic Research and not available for 3 or 4 years. Said by them to be excellent.

Henry Schultz of Chicago, about in Chamberlin’s class and age, or perhaps a little better.

[Arthur William] Marget of Minnesota, Harvard Ph.D., I believe; well known, perhaps better than Chamberlin. Flashy and perhaps unsound. (Mitchell and Mills disagree to some extent on their estimate of his permanent value but agree on his present high visibility).

Winfield Riffler [sic, Winfield William Riefler], recently called to the Institute of Advanced Study at Princeton, probably one of the most if not the most outstanding of the younger men.

Morris [Albert] Copeland of Washington; good man but not so good as Chamberlin.

Giddons [sic, Harry David Gideonse?] of Chicago, very highly thought of by Chicago people but has not written a great deal; supposed to be an excellent organizer.

C. E. [Clarence Edwin] Ayres, University of Texas, about 40; in N.R.A. at Washington. Mitchell thinks very highly of him.

England

[Theodore Emmanuel Gugenheim] Gregory, at London School of Economics, about 50, same field as Williams but not so good. Mills more favorable than Mitchell.

Other outstanding young Englishmen:

[Richard F.] Kahn, Kings College, Cambridge

F. Colin [sic, Colin Grant] Clark, of Cambridge

Lionel Robins [sic, Lionel Charles Robbins] of London, age 35, rated very highly by both Mills and Mitchell

F. A. Hayek, another Viennese now in London; spoken of very highly by both Mills and Mitchell.

Source: Harvard University Archives. Records of President James B. Conant, Box 54, Folder Economics, “1935-1936”.

Image Sources: Wesley Clair Mitchell (left) from the “Original Founders” page at the website of the Foundation for the Study of Business Cycles; Frederick C. Mills (right) from the Columbia Daily Spectator, Vol. CVIII, No. 68, 11 February 1964.

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Chicago Economics Programs Economist Market Economists

Chicago. Memos discussing guests to teach during summer quarter, 1927

 

 

Apparently the 1926 summer quarter course planning at the Chicago department of political economy in 1926 was so wild that the head of the department, Leon C. Marshall, decided to start the discussion for 1927 on the second day of Summer, 1926. Four of the seven colleagues responded with quite a few suggestions.

This post provides the first+middle names where needed in square brackets. Also links to webpages with further information about the suggested guests have been added.

______________________

Copy of memo from
Leon Carroll Marshall

THE UNIVERSITY OF CHICAGO
Department of Economics

Memorandum from L. C. Marshall. June 22, 1926

To: C. W. Wright, J. A. Field, H. A. Millis, J. Viner, L. W. Mints, P. H. Douglas, W. H. Spencer

We really must break through the morass we are in with respect to our summer quarter. Partly because of delayed action and partly because of an interminable debating society in such matters we finally get a patched up program which is not as attractive as it should be.

I shall proceed on the basis of the homely philosophy that the way to do something is to do something. I shall try to secure from every member of the group a statement of his best judgment concerning the appropriate course of action for the summer of 1927 and then move at once toward rounding out a program.

Won’t you be good enough to turn in to E57 within the next few days your suggestions and comments with respect to the following issues.

  1. Do you yourself expect to be in residence the summer quarter of 1927?
  2. If you do, what courses do you prefer to teach? Please list more than two courses placing all of the courses in your order of preference. In answering this question, please keep in mind the problem of guiding research. Should you offer a research course?
  3. What are your preferences with respect to hours? Please state them rather fully and give some alternatives so that a schedule may be pieced together.
  4. What courses or subject matter should we be certain to include in the summer of 1927?
  5. What men from outside do you recommend for these courses which we should be certain to include? Please rank them in the order of your preference.
  6. Quite aside from the subject matter which you have recommended above, what persons from the outside ought we try to make contact with if our funds permit? This gives an opportunity to aid in making up the personnel of the summer quarter in all fields.
  7. Please give any other comments or suggestions which occur to you.

Yours very sincerely,

LCM:G

*  *  *  *  *  *  *  *  *  *  *  *  *  *  *

Response from
Jacob Viner

The University of Chicago
Department of Political Economy

July 1, 1926

Dear Mr. Marshall

I will want to offer 301 (Neo-class Ec.) & 353 (Int Ec. Pol) as usual next summer, though if we have a good outside theorist to give 301, I would like to give a course on Theory of Int Trade in addition to 353. I think we need someone especially in Banking, next in theory. Beyond these we should offer work in some of the following, if we can get first rankers: statistics, private finance, transportation, economic history of Europe & ec. Hist. of U.S.

I suggest the following from which selections could be made:

Banking

 Theory Statistics Transportation

Ec. Hist.
[Eugene E.]
Agger

 

[Benjamin Haggott] Beckhart

 

[Allyn Abbott]
A.A. Young

 

[Chester Arthur]
C. A. Phillips

 

[Oliver Mitchell Wentworth]
Sprague

 

[James Harvey] Rogers

 

[Ernest Minor] E.M. Patterson

 [Allyn Abbott]
Young

 

[Jacob Harry]
Hollander[Frank Hyneman] Knight

 

[Albert Benedict] Wolfe

 

[Herbert Joseph] Davenport

 [Henry Roscoe] Trumbower

 

[Homer Bews] Vanderblue

 [Melvin Moses] M.M. Knight

 

[Abbott Payson] A.P. Usher

As other possibilities I suggest [George Ernest] Barnett, [James Cummings] Bonbright, [Edward Dana] Durand, [Edwin Griswold] Nourse, [Sumner Huber] Slichter, John D. [Donald] Black, Holbrook Working, [Alvin Harvey] Hansen.

[signed]
J Viner

*  *  *  *  *  *  *  *  *  *  *  *  *  *  *

Response from
Paul Howard Douglas

The University of Chicago
The School of Commerce and Administration

June 29, 1926

Professor L. C. Marshall
Faculty Exchange

Dear Mr. Marshall:

You have hit the nail on the head in your proposal to get under way for next summer, and I am very much pleased at your action. Answering your questions specifically may I say—

  1. That I do not expect to be in residence for the summer quarter of 1927.
  2. &3. Since I shall not be in residence no answers to these questions are, I take it, necessary.

 

  1. We should, I think, be certain to include adequate work in the following fields (a) Economic theory, (b) Monetary and banking theory, (c) Labor problems, (d) Statistics and quantitative economics, (e) Taxation and Public finance, (f) Economic history.
  2. As regards men from outside, I would recommend the following in each field: (a) Economic theory—[Herbert Joseph] H. J. Davenport, [John Rogers] J. R. Commons, [Frank Hyneman] F. H. Knight; (b) Monetary and banking theory—[Allyn Abbott] A. A. Young, [Oliver Mitchell Wentworth] O.M.W. Sprague, [James Waterhouse] James W. Angell; (c) Labor problems—Selig Perlman, Alvin [Harvey] H. Hansen; (d) Statistics and quantitative economics—[Frederick Cecil] F. C. Mills, [Robert Emmet] R. E. Chaddock, [William Leonard] W. L. Crum; (e) Taxation and public finance—[Harley Leist] H. L. Lutz, [William John] William J. Shultz; (f) Economic history—[Norbert Scott Brien] N. S. B. Gras.
  3. As people from outside to try for, might it not be possible to secure some one from England, such as [John Atkinson] John A. Hobson, Henry Clay, or [Dennis Holme] D. H. Robertson? Might it not also be possible to get Charles Rist from France or [Werner] Sombart from Germany?

Faithfully yours,
[signed]
Paul H. Douglas

P.S. The news that [Henry] Schultz and [Melchior] Palyi are to be with us next year is certainly welcome. Should we not let everyone know that they are coming, and should not a news note to this effect be sent on to the American Economic Review? [Handwritten note here: “Mr. Wright doing this”]

*  *  *  *  *  *  *  *  *  *  *  *  *  *  *

Response from
Lloyd Wynn Mints

The University of Chicago
The School of Commerce and Administration

July 16, 1926

Memorandum to L. C. Marshall from L. W. Mints, concerning the work of the summer quarter, 1927.

  1. It is my present intention not to be in residence during the summer quarter, 1927, although I will be in the city, I suppose.
  2. It appears to me that we should attempt to get men from the outside who would represent some of the newer points of view rather than the orthodox fields. I should suppose that it would be desirable to have a man in statistics and, if he could be found, somebody to do something with quantitative economics. For the statistics I would suggest [William Leonard] Crum, [Frederick Cecil] Mills, [Frederick Robertson] Macaulay, [Willford Isbell] King, [Bruce D.] Mudgett, [Robert] Riegel. I am ignorant of the particular bents of some of the statistical men, but I should suppose that in quantitative economics [Holbrook] Working, [Alvin Harvey] Hansen, or [William Leonard] Crum might do something. Perhaps [Edmund Ezra] Day should be added to the men in Statistics.
    In economic history, as I remember it, we have had no outside help for a long time. I should like to see either [Noman Scott Brien] Gras or Max [Sylvius] Handman give some work here in the summer.
    Particular men who represent somewhat new points of view, and who might be had for the summer, I would suggest as follows: [Lionel Danforth] Edie, [Oswald Fred] Boucke, [Morris Albert] Copeland, [Sumner Huber] Slichter.
    In addition I should like very much to see either [Edwin Robert Anderson] Seligman or [John Rogers] Commons here for a summer.

[signed]
L.W.M.

*  *  *  *  *  *  *  *  *  *  *  *  *  *  *

Response from
Harry Alvin Millis

Answers to questions re Summer Teaching, 1927

  1. Yes, I feel that I must teach next summer unless that plan you have been interested in goes through.
  2. 342 [The State in Relation to Labor] and 440 [Research].
  3. 342 at 8; 440 hour to be arranged.
  4. 5. 6.: Should get a better rounded program than we have had. Should have an outstanding man in economic theory and another in Finance. For the former I would mention [John] Maurice Clark, [John Rogers] Commons, and [Frank Hyneman] Knight—in order named. For the latter I would mention [Allyn Abbott] Young, [James Harvey] Rogers. If we can get the money I should like to see [George Ernest] Barnett brought on for statistics and a trade union course.

 

  1. Would it be possible to have a seminar which would bring together the outside men and some of the inside men and our mature graduate students—these hand-picked? It might be made very stimulating.

[Signed]
H. A. Millis

*  *  *  *  *  *  *  *  *  *  *  *  *  *  *

Response from
Chester Whitney Wright

The University of Chicago
The Department of Political Economy

Memorandum to Marshall from Wright

Summer 1927
First term some aspects of economic history
1:30 or 2:30
May have to teach the whole summer but hope I can confine it to first term.
Can teach any phases of subjects in any fields suitable for term.

*  *  *  *  *  *  *  *  *  *  *  *  *  *  *

Response from
James Alfred Field

[No written answer in the folder: however L. C. Marshall noted that Field would not be teaching in the summer term of 1927]

*  *  *  *  *  *  *  *  *  *  *  *  *  *  *

Response from
William Homer Spencer

The University of Chicago
The School of Commerce and Administration
Office of the Dean

July 12, 1926

Mr. L. C. Marshall
The Department of Political Economy

My dear Mr. Marshall:

As Mr. [Garfield Vestal] Cox does not wish to teach during the Summer Quarter of 1927, I wish the Department of Political Economy would try to get Mr. [Edmund Ezra] Day of Wisconsin [sic, Michigan is correct] who could give both a course in statistics and a course in forecasting. Forecasting is not given this summer and unless we get someone from the outside to give it, I presume it will not be given next summer.

Why does not the Department of Political Economy for the coming summer get someone like Mr. [Leverett Samuel] Lyon to give an advanced course in economics of the market for graduate students? The Department of Political Economy could handle half of his time and I perhaps could handle the other half for market management

Now that it appears that the Department of Political Economy cannot get any promising young men in the Field of Finance, why do you not try for [Chester Arthur] Phillips of Iowa? He will give good courses and will draw a great many students from the middle west to the University.

So far as my own program is concerned, I have not made much progress. I tried to get [Roy Bernard] Kester of Columbia, but he turned me down. I am placing a similar proposition before [William Andrew] Paton of Michigan. In the Field of Marketing, I am trying for [Frederic Arthur] Russell of the University of Illinois to give a course in salesmanship primarily for teachers in secondary schools. Otherwise I have made no progress in getting outside men for next summer.

Yours sincerely,
[signed]
W. H. Spencer

WHS:DD

Source:  University of Chicago Archives. Department of Economics. Records. Box 22, Folder 7.

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Columbia Economists Salaries

Columbia. Economics Ph.D. alumnus. Frederick C. Mills, 1917

 

There are two principal purposes for this post. The first is to provide the salaries received by Columbia economics Ph.D. (1917) and later professor of economics, Frederick C. Mills, over his academic career. The second purpose is to provide a pair of obituaries for Mills and to insert him into the series “Meet an economics Ph.D. alumnus/a”. 

Fun Fact: “In May 1914, twenty-two-year-old Frederick C. Mills accepted his first job: a two-month mission, authorized by the California Corn mission on Immigration and Housing, to join the itinerant work force in central California and investigate hobo connections with the violent clashes involving the Industrial Workers of the World (IWW).” See the transcribed blurb below for the 1992 book based on Mills’ notes and reports from his observer/participant hobo experience.

________________________

Frederick Cecil Mills

(B.L., California, 1914; A.M., 1916; Ph.D., Columbia, 1917)
(born March 24, 1892)

Columbia University Service:

1919    Instructor in Economic, $1,500

1/1/29 Salary increased to $2,200

1920 Assistant Professor of Business Organization, School of Business, $3,000

1922    Salary increased to $3,300

1923    Associate Professor of Business Statistics at $4,500

1925    Salary increased to $5,000

1927    Professor of Statistics at $6,000

1928    Salary increased to $7,500

1931    Change of title — Professor of Economics and Statistics

1937    Salary increased to $9,000

1946    Salary increased to $10,000

1/1/47 Salary increased to $11,000.

1/7/53 Hepburn Professor of Economics at $12,000

Executive Officer of Department of Economics from 7/1/43 to 6/30/46.

Source: Columbia University Archives. Central Files 1890—, Box 396, Folder: “Mills, Frederick Cecil (1/1)”.

________________________

In the Floating Army:
F.C. Mills on Iterant Life in California, 1914.

by Gregory Ray Woirol, Frederick Cecil Mills
University of Illinois Press, 1992.

In the Floating Army chronicles the awakening of social consciousness in a well-educated urban progressive and offers one of the most detailed personal accounts available of itinerant life in California just prior to the United States’ entry into World War I. In May 1914, twenty-two-year-old Frederick C. Mills accepted his first job: a two-month mission, authorized by the California Corn mission on Immigration and Housing, to join the itinerant work force in central California and investigate hobo connections with the violent clashes involving the Industrial Workers of the World (IWW). Mills set out, self-consciously clad in rags, expecting adventure. What he experienced firsthand, however, appalled and angered him. Using Mills’s daily journal and his reports to the commission, Gregory Woirol follows the young man’s progress. To meet migrant workers and study their employers, Mills took jobs in the orange industry, in a Sierra lumber camp, and on a road-building crew. He slept in ramshackle sheds and fresh-cut haystacks, and he learned to hop a freight with his fellow travelers, despite the railroad guards’ efforts to eject freeloaders. Throughout the Sacramento and San Joaquin valleys, he shared meals and boxcars with bitter men forced by a recession to seek menial jobs far from home, footloose men driven by wanderlust to accept only short-term employment, con artists who filled their pockets by less strenuous means, and pathetic wretches endlessly in search of a drink. In the decade before World War I, large numbers of men took to the road, seeking employment whenever and wherever it was offered. California already depended heavily upon seasonal workers to pick citrus fruits and other crops, build roads, and lay railroad tracks. But farmers and businessmen were rarely grateful for this convenient source of labor. They expected seasonal employees to accept squalid housing, inadequate rations and sewage provisions, insulting treatment on the job, and the “bum’s rush” out of town the moment work ended. Itinerant workers were shunned by the citizenry, cheated by employment agencies, and harassed by lawmen for loitering. This “floating army” of hungry, homeless men, assisted by IWW activists, protested these injustices both peaceably and violently. Mills spent several days conversing with IWW members, and he concluded “I have seen, to a very limited degree, some of the workings of the inner circle, the brains of this great army, the organizing force that is trying to tell this army of its strength, trying to teach them how to get their share of the goods of this world. And the message they bring, the message millions of men are listening to, is one of violence, bloodshed, ‘Direct Action’ they call it”.

Source: Book blurb from Google books.

________________________

CU Emeritus Prof. F. Mills Dies Sunday
Was One of Columbia’s Foremost Economists

Frederick C. Mills, Hepburn Professor Emeritus of Economics and one of the nation’s leading economists, died Sunday after a long illness. He was 71.

A memorial service will be held today at 2 p.m. in St. Paul’s Chapel

Dr. Mills retired from the faculty of the Graduate School of Business in 1959. He had been a faculty member since 1919.

In 1953 Professor Mills represented all the Columbia faculties in delivering greetings at the installation of Dr. Grayson Kirk as president of the University. In that same year he was named Barton Hepburn Professor of Economics.

Professor Mills was born in Santa Rosa, Calif. He received his B.A. in 1914 and M.A. in 1916, both from the University of California, Berkeley. He was awarded his doctorate by Columbia in 1917.

Professor Mills was associated with the National Bureau of Economic Research from 1925 to 1953, as a member of the research staff. For the last ten years he has been a member of the board of directors of that group.

He also served as director of the survey of federal statistical agencies for the Hoover Commission. In 1934 he was president of the American Statistical Association and was elected president of the American Economic Association in 1940.

One of his numerous works in the field of economics, “The Behavior of Prices,” was chosen by the Social Science Research Council as the outstanding American contribution to economics since World War I. He received honorary degrees from both the University of California and Columbia. Professor Mills is survived by his widow, the former Dorothy K. Clarke, two sons and a daughter.

Source: Columbia Daily Spectator, Vol. CVIII, No. 68, 11 February 1964.

________________________

U.C ‘Hobo’ Prof Dies In East

Dr. Frederick C. Mills, 71, who before he became a professor of economics posed as a hobo to gather labor statistics is dead in New York city.

Friends have learned of memorial services Tuesday in the chapel at Columbia University, where he was professor for 40 years until 1959.

In 1947 he received an honorary degree from his alma mater, the University of California at Berkeley, and was honored at a reception by his 1914 class mates. In 1961, Columbia University gave him an honorary degree.

LABOR STUDENT

At U.C, where he was a member of Phi Beta Kappa, honorary scholastic fraternity, he became one of the early day students of labor economics. While doing graduate work he posed as an itinerant laborer to work in hop fields and road camps.

It was on the basis of these investigations into the problems of itinerant labor done under the sponsorship of the Immigration and Housing Division that he was awarded his doctor of philosophy degree at Columbia. It was regarded as “an exciting” thesis.

He had received his masters degree at U.C. in 1961.

His work was not confined to academic halls. He was former president of the American Statistical Association, the American Economic Association, was special agent for the U.S. Commission on Industrial Relations, 1914-15 and a member of the Bureau of Economic Research from 1924-54.

SANTA ROSA NATIVE

A native of Santa Rosa, he was a graduate of Fremont High School in Oakland and has served overseas with the American Expeditionary Forces in World War I.

Dr. Robert Gordon Sproul, president emeritus of U.C, who was one of his lifetime friends, recalls that at U.C. Dr. Mills was an outstanding soccer player.

He is survived by his widow, Dorothy Clarke Mills; three children, William, Helen and Robert, two brothers, Harold F., and Robert, both of Oakland and two sisters, Mary Mills, of 1163 Ashmont Ave., Oakland, and Mrs. Ethel Smith of Nogales, Ariz.

Source: Oakland Tribune, Feb. 15, 1964, p. 22.

Image Source: Columbia Daily Spectator, Vol. CVIII, No. 68, 11 February 1964.

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Columbia Economist Market Economists Iowa Salaries

Columbia. Hiring Albert Gailord Hart as visiting professor. Bureaucracy light, 1946

 

Up through the academic year 1945-46, Arthur F. Burns offered the first core economic theory course, Economic Analysis (Economics 153-154), in the Columbia graduate program. The following year, 1946-47, the course was taught by the visiting professor of economics (who would be offered and accepted a regular appointment that same year), Albert G. Hart.

Materials from Hart’s core economic courses in his first year at Columbia have been posted earlier.

This post provides a few brief items regarding Albert G. Hart’s initial Columbia appointment. What I was most struck with is the relative brevity of the documentation expected (demanded) by university administrators for a visiting professor appointment.

________________________

From the budget proposals for 1946-47,
Columbia’s salary structure for economics professors

Actual professorial salary appropriations at Columbia for 1945-46
and proposed for 1946-47

Professors:

Robert M. Haig, Leo Wolman, John Maurice Clark, Harold Hotelling:  $9,000

James Waterhouse Angell, Carter Goodrich, Horace Taylor, Arthur F. Burns, Abraham Wald: $7,500

Associate Professors ranged from $4,500 to $7,500.

Assistant Professors ranged from $3, 500 to $4,000

A vacant professorship: for Hart ($7,500) and a slot proposed for a visiting professor of international economics, also budgeted at $7,500.

________________________

Columbia University
in the City of New York

[New York 27, N.Y.]

FACULTY OF POLITICAL SCIENCE

March 25, 1946

Dr. Frank D. Fackenthal, Acting President,
Columbia University,
213 Low Memorial Library.

Dear Mr. President:

I am writing to advise you that Dr. Albert Gailord Hart, formerly of Iowa State College, has accepted the invitation of the Department of Economics to serve as Visiting Professor of Economics during the academic year 1946-47. Dr. Hart’s salary for the period will be $7,500, chargeable to the vacant professorship in Economics carried in our budget for the year 1946-47.

I am requesting Professor Evans, chairman of the Committee on Instruction of the faculty of Political Science, to take what steps may be necessary in order that Dr. Hart may have a seat on the Faculty of Political Science during the period of his residence.

A brief statement on Dr. Hart’s education and scholarly background is enclosed.

Sincerely,
[signed] Frederick C. Mills

________________________

ALBERT GAILORD HART

Born in 1909.

A.B., Harvard, 1930; Ph.D., Chicago, 1936.

Sheldon Traveling Fellow, 1930-31.

Spent 1934-35 in London.

Title of Doctoral dissertation: Anticipations, business planning, and the cycle.

Full professor, Iowa State College, Department of Economics, 1944-45.

At present on research staff, Committee on Economic Development.

Major interests: Economic theory, public finance, consumption, business fluctuations.

Publications:

Debts and recovery (Twentieth Century Fund, 1938)
Paying for defense (with E. D. Allen and others). 1941.
The social framework of the American economy. (with J. R. Hicks). 1945.

Lectured in California, 1936, and served at one time as Economic Analyst with the United States Department of the Treasury.

Source:  Columbia University Rare Book and Manuscript Library, Columbia University Archives. Central Files 1890-. Box 396, Folder “Mills, Frederick Cecil”.

Image Source:  Columbia University Record, vol. 23, no. 5 (Oct. 3, 1997).

Categories
Columbia Economists Statistics

Columbia. Promotions and Memorial Minute for Abraham Wald

 

 

Abraham Wald (1902-1950) got his foot into the Columbia economics department door thanks to a grant from the Carnegie Foundation arranged for him by Harold Hotelling in 1938. In this post we follow Wald’s Columbia career up through the faculty memorial minute that followed his tragic, untimely death in an airplane accident during a lecture tour in India in December 1950.

___________________

Promotion to Assistant Professor

From the November 26, 1941 letter to President Nicholas Murray Butler from Robert M. Haig, Chairman of the department of economics (pp. 3-5 and supporting annex B).

“…We feel that it is important, if at all possible, that the following action be taken.

  1. Appoint Abraham Wald to an assistant professorship at $3,600 (Wald is now a lecturer at $3,000, of which $2,400 is financed by a special grant, the continuance of which is not assured.
    (See Annex B)

A recent development in the case of Wald is an offer of a permanent post (presumably an assistant professorship) at Queens College. This post will be open to him in case it proves impossible for us to give him the status recommended. Our enthusiasm for him has increased since last year when I wrote as follows:—

“The position of this recommendation at the very head of our list is attributable primarily to a conviction that Abraham Wald is an unusually interesting gamble. By risking a moderate stake, the University can put itself in a position where it may (and in our judgment probably will) be rewarded a hundred-fold. For Wald is not only a young scholar whose attainments are of a high order of merit, but one whose potentialities are obviously large.

“When Wald came to us two years ago, as a lecturer whose stipend was supplied by a special and presumably temporary grant, we were frankly apprehensive lest we should presently find ourselves indirectly committed, without adequate consideration, to a permanent addition to our staff concerning whom we might not be enthusiastic. Consequently care was exercised to make it clear to all concerned that his appointment as a lecturer supported by a special grant carried with it no future obligation. Fortunately then, we are able to approach the consideration of his case at this juncture free from any pressure of old commitments, express or implied.

“Our recommendation of Wald should be interpreted then as a free and fresh expression of our admiration for his accomplishments and of our faith in his future. As a result of our contacts with him and with his work, we are convinced that here is a man whose contributions are reasonably certain to continue to break new ground on a section of the frontier of knowledge where notable progress seems imminent.

“We recognize that Wald’s field is one that is of interest and significance to several departments of the University and that there are unsettled questions as to whether ultimately it should be attached to our own or to some other department or whether it should constitute a separate department in its own right. Irrespective of the answers that may ultimately be given to such questions of structural organization, we, in the Department of Economics, desire to express the hope that it will prove possible for the University to provide for the further development of teaching and research in statistics on a high level and we wish to take this opportunity to make it clear that, pending a final decision as to organization, we should consider it an honor to be permitted to shelter and to stand sponsor for scientific work such as that of Wald.”

[…]

ANNEX B.
BIOGRAPHIC MEMORANDUM OF ABRAHAM WALD

I was born in Cluj, October 31, 1902. I studied at the University in Cluj and at the University of Vienna, and obtained my doctor’s degree in mathematics at the University of Vienna in 1930. The subject of my doctor’s thesis was the Hilbert system of axioms of Geometry.

For the next four years I did mathematical research at the University of Vienna and collaborated with Professor Karl Menger. I was co-editor with him of “Ergebnisse eines mathematischen Kolloquiums.” During this time my interests were chiefly in general abstract and metric geometry, theory of probability, and mathematical economics, in which fields my papers were written.

In 1934 I became in addition a research associate of the Institute for Business Cycle Research in Vienna and published several papers in mathematical economics. My interest in statistics and its application in economics dates from this time, when I became the statistical expert of the Institute.

After the annexation of Austria, I came to the United States and was for several months a fellow of the Cowles Commission for Research in Economics. Thereafter I became a lecturer at Columbia University which is the position I hold at present. Since my arrival in the United States I have been interested chiefly in statistics and mathematical economics and have published a series of papers in these fields. I have been elected a fellow of both the Institute of Mathematical Statistics and the Econometric Society.

LIST OF PUBLICATIONS

  1. Abstract and metric geometry
    1. Über den allgemeinen Raumbegriff, Ergebnisse eines math. Kolloquiums, Heft 3, Vienna. [1931]
    2. Axiomatik des Zwischenbegriffes in metrischen Räumen, Mathematische Annalen, Vol. 104. [1931]
    3. Der komplexe euklidische Raum [Komplexe und indefinite Räume], Erg. eines mathem. Kolloquiums, Heft 5, Vienna.
    4. Indefinite euklidischen Räume, Erg. eines mathem. Kolloquiums, Heft 5, Vienna.
    5. Vereinfachter Beweis des Steinitzschen Satzes, Erg. mathem. Kolloquiums, Heft 5, Vienna.
    6. Bedingt konvergente Reihen von Vektoren, Erg. mathem. Kolloquiums, Heft 5, Vienna.
    7. Riehen in topologischen Gruppen, Erg. mathem. Kolloquiums, Heft 5, Vienna.
    8. Eine neue Definition der Flächenkrümmung, Erg. mathem. Kolloquiums, Heft 6, Vienna
    9. Sur la courbure des surfaces, C. R. [Acad. Sci.] Paris, 1935.
    10. Aufbau [Begründung] einer kooridinatenlosen Differentialgeometrie der Flächen, Erg. mathem. Kolloquiums, Heft 7, Vienna.
    11. Eine Characterisierung des Lebesgueschen Masses, Erg. mathem. Kolloquiums, Heft 7, Vienna.
  1. Probability, Statistics and Mathematical Economics.
    1. Sur la notion de collectif dans le calcul des probabilités, C.R. [Acad. Sci.] Paris, 1936.
    2. Die Widerspruchsfreiheit des Kollektivbegriffes, Erg. mathem. Kolloquiums, Heft 8, Vienna.
    3. Die Widerspruchsfreiheit des Kollektivbegriffes, Actualités Scientifiques, 1938, Paris.
    4. Berechnung und Ausschaltung von Saisonschwankungen, Julius Springer, Vienna, 1936.
    5. Zur Theorie der Preis Indexziffern, Zeitschrift für Nationalökonomie, Vienna, 1937.
    6. Über die Produktionsgleichungen der ökonomischen Wertlehre, Erg. mathem. Kolloquiums, Heft 6, Vienna.
    7. Über die Produktionsgleichungen der ökonomischen Wertlehre, zweite Mitteilung, Erg. mathem. Kolloquiums, Heft 7, Vienna.
    8. Über einige Gleichungssysteme der mathematischen Ökonomie, Zeitschrift für Nationalökonomie, Vienna, 1936. [translated into English by Otto Eckstein, Econometrica, 1951, pp. 368-403]
    9. Extrapolation des gleitenden 12-Monatsdurchschnittes, Beilage zu den Berichten des Öster. Institutes für Konjunkturforschung, Vienna, 1937.
    10. Grundsaetzliches zur Berechnung des Produktionsindex, Beilage zu den Berichten des Öster. Institutes für Konjunkturforschung, Vienna, 1937.
    11. Generalization of the inequality of Markoff, The Annals of Math. Statistics, December, 1938.
    12. Long Cycles as a result of repeated integration, American Mathem. Monthly, March, 1939.
    13. Confidence limit for continuous distribution functions (co-author J. Wolfowitz), The Annals of Math. Statistics, June, 1939.
    14. Limits of a distribution function determined by absolute moments, Transact. of the Amer. Mathem. Society, September, 1939.
    15. A new formula for the index of cost of living, Econometrica, October, 1939.
    16. Contributions to the theory of statistical estimation, The Annals of Mathem. Statistics, December, 1939.
    17. A note on the analysis of variance with unequal class frequencies, The Annals of Mathem. Statistics, March, 1940.
    18. The approximate determination of indifference surfaces, Econometrica, April, 1940.
    19. On a test whether two samples are from the same population (with J. Wolfowitz), The Annals of Mathem. Statistics, June, 1940.
    20. Fitting of straight lines when both variables are subject to error, The Annals of Mathem. Statistics, September, 1940.
    21. Asymptotically most powerful tests of statistical hypotheses, Annals of Mathem. Statistics, March, 1941.
    22. Some examples of asymptotically most powerful tests will appear in the December, 1941 issue of the Annals of Mathem. Statistics.
    23. Asymptotically shortest confidence intervals paper presented at the meeting of the Amer. Math. Soc., September, 1940. Accepted for publication in the Annals of Mathem. Statistics.
    24. On the distribution of Wilks’ statistic for testing the independence of several groups of variates (in collaboration with R. Brookner), Annals of Mathem. Statistics, June, 1941.
    25. The large sample distribution of the likelihood ratio statistics, paper presented at the meeting of the Institute of Mathem. Statistics, September, 1941, Chicago. It will be published in the Annals of Mathem. Statistics.
    26. On testing statistical hypotheses concerning several unknown parameters, paper presented at the meeting of Amer. Mathem. Society, February, 1941, New York City. It will be published in the Annals of Mathem. Statistics.
    27. On the analysis of variance in case of multiple classifications with unequal class frequencies, Annals of Mathem. Statistics, September, 1941.

Source: Columbia University Archives. Central Files 1890—Box 386, Folder “Haig, Robert Murray 7/1941-6/1942”

Cf: “The Publications of Abraham Wald” [1931-1952] was published in The Annals of Mathematical Statistics 23:1 (March 1952, pp. 29-33.

___________________

Aliens in the Department of Economics

December 19, 1941

Mr. Philip M. Hayden, Secretary,
213 Low Memorial Library.

Dear Mr. Hayden:

In reply to the request contained in your recent Memorandum to executive officers, I report the following aliens from the Department of Economics:

Harold Barger

29 West 8th Street, New York City

Nationality: British
Age: 34
Alien Registration No.: 3239174

 

Donald Bailey Marsh

106 Morningside Drive, New York City

Nationality: Canadian
Age: 30
Alien Registration No.: 1152252

 

Robert Valeur

40 Barrow Street, New York City

Nationality: French
Age: 38
Alien Registration No.: 5061531

 

Abraham Wald

241 West 108th Street, New York City

Nationality: born in Kolozsvar [Note: Hungarian spelling of Cluj-Napoca], Transylvania, Alien Registration officials were in doubt how to describe nationality.
Age: 39
Alien Registration No.: 4506027

Very truly yours,
Chairman, Department of Economics

Source: Columbia University Libraries, Manuscript Collections. Department of Economics Collections, Faculty. Box 2, Folder “Faculty Beginning Jan 1, 1944 [sic]”.

___________________

Promotion to Associate Professor

February 7, 1944

Professor Abraham Wald,
608 Fayerweather.

Dear Professor Wald:

I am authorized by the Provost of the University to inform you that in the provisional budget for the academic year 1944-45 you are designated associate professor of Statistics at an annual stipend of $5,000. This provisional budget goes to the Trustees with the approval of the Committee on Educational Policy. While your promotion is not final until it is adopted by the Trustees at their meeting on the first Monday in April, the Provost and I agree that there is no reason whatsoever to doubt that the recommendation for your advancement will be approved, and that you run hardly an risk in declining the offer of an associate professorship at the University of Chicago.

As an associate professor you would hold your position at the pleasure of the Trustees, i.e., you would no longer be subject to year-to-year appointment and would, in effect, have continuing tenure. The position of associate professor in this respect is the same as that of a full professor.

I should like to add my personal assurance that the Department and the Administration stand behind the recommendation for your advancement. The reputation that you have won for yourself at Columbia is a very high one indeed. You have the friendship and warm support of all of your associates in the graduate faculties. I believe that you will have here a rich and promising career of creative scholarship.

Sincerely yours,

[copy unsigned, Frederick C. Mills?]

Source Columbia University Libraries, Manuscript Collections. Columbiana. Department of Economics Collection. Box 3 Budget, 1915-1946-47, Folder “Budget Material 1944-1945”.

___________________

Promotion to Professor

April 23, 1945

President Nicholas Murray Butler,
Columbia University.

Dear Mr. President:

A recent development makes it necessary for me to supplement my letter of November 30th, 1944, in which I submitted to you a provisional budget for the Department of Economics for the year 1945-46. Professor Abraham Wald, who occupies a place of strategic importance in our work in Mathematical Statistics, has received a very attractive offer from another institution. If we are to hold him at Columbia we must give him some advancement here. Although I am reluctant to approach you at this time, to request that you re-open the Department budget for next year, it is my strong opinion that this should be done. This opinion is shared by my colleagues who are interested in Columbia’s past and prospective accomplishments in Mathematical Statistics.

Work in Mathematical Statistics in American universities is in a pioneering stage. The fundamental bases of statistics, in mathematics and logic, have recently been materially extended. New horizons have been opened. We may expect in the next several decades further fruitful advances bearing upon the whole range of inquiry in the social and the natural sciences and in the arts of production and administration. In this field Columbia has already, through the work of Hotelling and Wald, achieved a leading position, one that is recognized throughout the world. Some indication of Columbia’s standing, and of the scientific and practical fruitfulness of our work in this field, I given by the accomplishments of the Statistical Research Group now serving the Army and the Navy as part of Columbia’s contribution to the war effort.

Columbia must hold and extend the position of preeminence we have won. We believe that in Hotelling and Wald we have men of intellectual vigor and established scientific competence who will be in the forefront of future advances in Mathematical Statistics. Their work will supplement and strengthen that of the Watson Scientific Computing Laboratory, in which Columbia will cooperate with the International Business Machines Corporation, as the work of that Laboratory will enhance the effectiveness of our efforts in Mathematical Statistics.

The scholarly record of Professor Wald is set forth in an attached statement. I need only add here that Wald’s researches in statistical theory have been fundamental in character and seminal in their influence. A recent outstanding example of the fertility of his thought is provided by his contribution of a new mathematical basis for techniques of quality control in manufacturing production, techniques that have been widely adopted in the control of war production. The sequential methods utilized in Dr. Wald’s procedures are capable of application in scientific experiments, and in a wide variety of other fields.

In the conviction that Columbia should reinforce success, in planning for the future, and should build where firm foundations have already been laid, I urge that the position of the University in the field of Mathematical Statistics be maintained, and strengthened. Dr. Abraham Wald’s continuance here is crucial in such a program. I recommend, therefore, that Dr. Wald, who is now Associate Professor of Statistics at an annual salary of $5,000, be appointed Professor of Mathematical Statistics, at a salary of $7,500 a year, the appointment to be effective July 1, 1945.

Respectfully submitted,

FREDERICK C. MILLS

Source Columbia University Libraries, Manuscript Collections. Columbiana. Department of Economics Collection. Box 3 Budget, 1915-1946-47, Folder “Budget Material 1944-1945”.

___________________

April 27, 1951

Memorial Minute for Professor A. Wald

Professor Wolfowitz then presented a minute memorializing the late Professor Abraham Wald. It was adopted by a rising vote, and a copy was ordered sent to Professor Wald’s family.

ABRAHAM WALD

Abraham Wald, Professor of Mathematical Statistics and a distinguished member of this Faculty, was killed in an airplane accident in India on December 13, 1950. He had been on a lecture tour of Indian universities and research centers. Mrs. Wald was killed in the same accident.

Dr. Wald arrived in the United States in the summer of 1938, a refugee from Nazi persecution. In the fall of 1938 he came to Columbia as a fellow of the Carnegie Corporation. He became a member of this Faculty in 1942 and professor of Mathematical Statistics in 1945. Much of his statistical work was done here. It shed luster on Columbia and largely helped to make Columbia an important center of mathematical statistics. His work changed the whole course and emphasis of modern mathematical statistics. In addition to many other contributions the theory of statistical decision functions and the theory of sequential analysis were founded by him. He also made important contributions to mathematical economics, the theory of probability, and metric geometry.

He was a good friend to many, a genial colleague, and an inspiring teacher. By his death the University and science have sustained a grievous loss.

Source: Columbia University Archives. Minutes of the Faculty of Political Science, 1950-1962.

Image Source: Naval Ordnance Test Station, Inyokern, California from the obituary by J. Wolfowitz published in The Annals of Mathematical Statistics 23:1 (March, 1952), pp. 1-13.

 

Categories
Columbia Economists NBER

Columbia Alumnus Arthur F. Burns applies to NBER for Research Associateship, 1930

 

 

Arthur F. Burns was twenty-five years old when he submitted the following application for a Research Associate position that provided 11 months funding at the National Bureau of Economic Research. Results from this project would be ultimately incorporated into Burns’ doctoral dissertation published as the NBER monograph Production Trends in the United States Since 1870 (1934).

_____________________

Arthur F. Burns’ late NBER application forwarded to Edwin Gay

National Bureau of Economic Research, Inc.

February 25, 1930

Dr. Edwin F. Gay
117 Widener Library
Harvard University
Cambridge, Mass.

Dear Dr. Gay:

The attached application of Mr. Arthur Frank Burns has just been received. Athough the time limit has passed, you might wish to consider it, and I am therefore forwarding it to you.

Yours very truly,
[signed] G. R. Stahl
Executive Secretary

GRS:RD

[handwritten note]
[Frederick C.] Mills knows something about this man and regards him favorably.

_____________________

NBER Research Associate Application of Arthur F. Burns
(February, 1930)

National Bureau of Economic Research, Inc.

51 Madison Avenue
New York

RESEARCH ASSOCIATES’ APPLICATION FORM

Applications and accompanying documents should be sent by registered mail and must reach Directors of Research not later than February 1, 1930. Six typewritten copies (legible carbons) should accompany each formal application.

Candidates should have familiarized themselves with the main objects and work of the National Bureau of Economic Research.

Candidates are expected to be in good health, free from physical or nervous troubles, and able to complete their work in New York without predictable interruption.

Research Associates will not accept other remunerative employment while connected with the National Bureau of Economic Research.

Candidates’ names should be written plainly on each manuscript.

Title of Project

A Study of Long-Time Indexes of Production

Name of Candidate

Arthur Frank Burns

Date of Application

February 21, 1930

 

THE CANDIDATE

PERSONAL HISTORY:

Name in full: Arthur Frank Burns
Home address: 34 Bethune St., New York City
Present occupation: University teaching
Place of birth: Stanislawow, Poland
Date of birth: April 27, 1904
If not a native-born citizen, date and place of naturalization: About 1920; Bayonne, New Jersey
Single, married: Married
Name and address of wife or husband: Helen, 34 Bethune Street
Name and address of nearest kin if unmarried: [blank]
Number, relationship, and ages of dependents: [blank]

Name the colleges and universities you have attended; length of residence in each; also major and minor studies pursued.

Columbia College, Sept. 1921-Feb. 1925. Majors—Economics, German. Minors—English, History
Columbia University, Feb. 1925-June 1927. Major—Economics. Minor—Statistics.

List the degrees you have received with the years in which they were conferred.

B.A.—Feb. 1925
M.A.—Oct. 1925

Give a list of scholarships or fellowships previously held or now held, stating in each case place and period of tenure, studies pursued and amount of stipend:

Columbia College Scholarship, 1921-1924. $250 per annum
Gilder Fellowship, Academic Year 1926-1927, Columbia University. Stipend $1200. Chief study pursued—Monetary Theory

What foreign languages are you able to use?

French and German

 

ACCOMPLISHMENTS:

Give a list of positions you have held—professional, teaching, scientific, administrative, business:

Name of Institution

Title of Position

Years of Tenure
Columbia University

Instructor in Extension

Feb. 1926-June 1927

Soc. Science Res. Co.

 Report on Periodicals Summer of 1927
Rutgers University Instructor

1927 to date

Of what learned or scientific societies are you a member?

Phi Beta Kappa
American Statistical Society

Describe briefly the advanced work and research you have already done in this country or abroad, giving dates, subjects, and names of your principal teachers in these subjects:

Master’s essay on Employment Statistics, under Professors F.A. Ross and W.C. Mitchell, in 1925
Studies in the field of Business Cycles, under Professor W.C. Mitchell, 1926 to date
Studies in the field of Monetary Theory, under Professors Mitchell and Willis, 1926-1927
Work on Negro Migration, under Professor F.A. Ross, Summer of 1925
Work on Instalment Selling, under Professor E.R.A. Seligman, Summer of 1926
Report on Social Science Periodicals for the Social Science Research  Council, under Professor F. Stuart Chapin, Summer of 1927.

Submit a list of your publications with exact titles, names of publishers and dates and places of publication:

See separate sheet on publications

THE PROJECT

PLANS FOR STUDY:

Submit a statement (six copies) giving detailed plans for the study you would pursue during your tenure of an Associateship. This statement should include:

(1) A description of the project including its character and scope, and the significance of its presumable contribution to knowledge. Describe how the inquiry is to be conducted, major expected sources of information, etc.
(2) The present state of the project, time of commencement, progress to date, and expectation as to completion.
(3) A proposed budget showing the amount of any assistance, whether of a statistical or clerical nature, or traveling expense that you would require to complete your project.

REFERENCES:

Submit a list of references

(1) from whom information may be obtained concerning your qualifications, and
(2) from whom expert opinion may be obtained as to the value and practicability of your proposed studies.

_____________________

Arthur F. Burns

THE PROJECT
A Study of Long-Time Indexes of Production

            Several years ago I embarked upon an inquiry into the broad problem “The Relationship between ‘Price’ and ‘Trade’ Fluctuations.” The study had two main purposes: (1) to provide a systematic description and analysis of one structural element of the “business cycle,” (2) to determine and appraise the empirical basis for the widely held view that “business stability” may be attained through the “stabilization of the price level.” But soon enough I found it difficult to adhere to the project that I had formulated. The task in the course of execution in the statistical laboratory loomed more formidable than in the “arm-chair” in which it found its inception. But another circumstance proved even more compelling in bring about a restriction of the area of the investigation: no sooner was a small segment of the plan that served as my procedural guide completed, but a host of new queries, not at all envisaged in the original plan, arose and pressed for an answer. Thus, impelled by considerations of a practical sort—working as I did single-handed, and by a growing curiosity, I subjected the project to successive reductions of scope. The present project, “A Study of Long-Time Indexes of Production,” is the untouched, and perhaps an unrecognizable, remainder of the original inquiry. On this limited project I have been at work intermittently for about a year and a half.

            The object of the present project is to study the “secular changes” in “general production” in the United States, and thereby throw light on one important constituent aspect of the trend of “economic welfare.” The establishment of a theory of secular change in general production calls, in the main, for the performance of two tasks. In the first place, the rate of growth of the physical volume of production and its variation have to be determined. In the second place, the empirical generalizations so arrived at have to be interpreted. The general plan of the investigation is built around these two problems; but to perform these tasks adequately, a host of subsidiary problems have to be met.

            Some details of the organization of the project, as well as the point to which work on the project has been carried thus far, may best be indicated by setting forth the extent to which the tentative individual chapters have been completed. The first chapter treats of the contents of the concept “economic welfare,” and traces, analytically and historically, problems in the measurement thereof; this chapter is practically finished. The materials for the second chapter, which is devoted to the history of production indexes, have, for the greater part, already been collected; and a preliminary draft of the chapter has been completed. Much of the third chapter, which is concerned with an analysis of a conceptually ideal measure of the physical volume of production, and the special bearing of this analysis on long-time indexes of production, is written; this chapter is to be but an extension of the paper on “The Measurement of the Physical Volume of Production,” which was published in the Quarterly Journal of Economics, February, 1930. In the fourth chapter, an analysis of the available long-time indexes of production is made; this chapter covers a much more extensive area than the brief reference to it may lead one to suppose; and though several months of continuous work have already been devoted to it, considerable literary research and statistical routine remain. The fifth and six chapters will present the results of the computations on the rate of secular change in physical production; though much ground has been covered (over one hundred trends have already been determined), even more remains to be done. Of the next and final two chapters, in which an interpretation of the computed results is to be offered, very little has been put into written form; but a substantial body of literature has been abstracted; and a preliminary outline of some portions of the theory to be presented, now that many of the calculations are completed, has been worked out.

            It will be apparent from this statement of the work already done on the project that it has reached a point where completion by the middle of 1931 may well be expected. In fact, the freedom to pursue the investigation unencumbered by academic duties may make possible a more intensive cultivation of the demarcated field than is presently contemplated; or, if it be deemed advisable, an extension of the investigation, now confined to the United States, to several other countries for which what appear to be reasonably satisfactory materials have of late become available.

            Needless to say, the above statement of the project constitutes no more than a report on its present status. There probably will be modifications of some importance. One change, in fact, is now being seriously considered: the replacement of Chapters II and III by a brief section, to be worked into the introductory chapter, to the end that a nicer balance between the divisions on, what may be described as, “data and method” and “results” be achieved.

            In continuing with this study there will be no travelling expenses to speak of. At the most, there will be a trip or two to Washington. It goes without saying that the study will proceed more rapidly if clerical assistance is had. Only a single statistical clerk would be needed, and a halftime clerk might suffice.

_____________________

Arthur F. Burns

References

Group I

Professor Robert E. Chaddock, Columbia University
Professor Wesley C. Mitchell, Columbia University
Professor H. Parker Willis, Columbia University
Professor Eugene E. Agger, Rutgers University
Professor Frank W. Taussig, Harvard University

Group II

Professor Wesley C. Mitchell, Columbia University
Professor Wilford I. King, New York University
Mr. Carl Snyder, New York Federal Reserve Bank
Dr. Edmund E. Day, Social Science Research Council
Dr. Simon Kuznets, National Bureau of Economic Research

_____________________

Arthur F. Burns

Publications

A Note on Comparative Costs, Quarterly Journal of Economics, May, 1928

The Duration of Business Cycles, Quarterly Journal of Economics, August 1929

The Geometric Mean of Percentages, Journal of the American Statistical Association, September, 1929

The Ideology of Businessmen and Presidential Elections, Southwestern Political and Social Science Quarterly, September, 1929.

Thus Spake the Professor of Statistics, Social Science, November, 1929

The Quantity Theory and Price Stabilization, American Economic Review, December, 1929

The Relative Importance of Check and Cash Payments in the United States: 1919-1928, Journal of the American Statistical Association, December, 1929

The Measurement of the Physical Volume of Production, Quarterly Journal of Economics, February, 1930

_____________________

Reference Letter:  H. P. Willis

Columbia University
in the City of New York
School of Business

February 27, 1930.

Mr. G. R. Stahl,
Executive Secretary,
National Bureau of Economic Research,
51 Madison Avenue,
New York City.

My dear Mr. Stahl:

            I have received your letter of February 26. Mr. Arthur F. Burns, whom you mention, was a student here some years ago, passed his doctorate examination with money and banking as one of his topics. I had general supervision of his work in money and banking and also came into contact with him individually now and then. I thought him a specially acute and capable student of the subject and it seemed to me that he had rather unusual research ability. He has been teaching, I believe, at Rutgers University for a couple of years past and during that time he has occasionally written articles in the scientific magazines and has sent me copies. I have read them with substantial interest and have thought that they showed steady growth in the grasp of the subject and in ability to present it.

            I do not know exactly what kind of work you would be disposed to assign him in your bureau were you to appoint him, and hence it is difficult for me to give specific opinion of his “strong and weak points”, for strength and weakness are relative to the work to be done. I should suppose that in a statistical research relating to monetary and banking questions, and particularly to the price problem, Mr. Burns would be decidedly capable. I do not think of any elements of corresponding weakness that need to be emphasized, but perhaps you might find him less devoted to the necessary routine work that has to done in every statistical office, than you would to the planning of investigation and the initiation of inquiries in it. Put in another was this might be equivalent to saying that Mr. Burns is perhaps stronger in conception and planning than he is in execution and yet I do not know that he is in any way to be criticized for his power of execution. I simply mean that he does not seem to be as outstanding in that direction as he is in the other.

            I, however, commend him unreservedly to you as a capable man in connection with price, banking and credit research.

Yours very truly,
[signed] H. P. Willis

HPW:S

_____________________

Reference Letter:  Willford I. King

AMERICAN STATISTICAL ASSOCIATION

Secretary-Treasurer
Willford I. King
530 Commerce Building, New York Univ.
236 Wooster Street, New York City

February 27, 1930.

Mr. G. R. Stahl,
National Bureau of Economic Research,
51 Madison Avenue,
New York City.

Dear Mr. Stahl:

            I have met Mr. Arthur F. Burns two or three times but do not know very much about his record. One thing, however, stands out strongly in his favor. He recently published in the AMERICAN ECONOMIC REVIEW a very fine piece of work on the equation of exchange. This indicates to me that he is competent to do research work of high quality.

Cordially yours,
Willford I. King.

WIK:RW

_____________________

Reference Letter: F. W. Taussig

HARVARD UNIVERSITY
DEPARTMENT OF ECONOMICS

Cambridge, Massachusetts
February 28, 1930

Dear Mr. Stahl:

            I have a high opinion of A. F. Burns. I have watched his published work, and some I have examined with care. As will be noted, he has an article in the current issue of the Quarterly Journal of Economics which I consider first-rate. He is a keen critic, and handles figures well. He writes more than acceptably, and in my judgment gives promise of very good work in the future. You will have to go far to find a man clearly better.

Very truly yours,
[signed] F. W. Taussig

Mr. G. R. Stahl
National Bureau of Economic Research
51 Madison Avenue
New York City

_____________________

Reference Letter:  E. E. Agger

Rutgers University
New Brunswick, New Jersey
Department of Economics

March 5, 1930

Mr. G. R. Stahl,
National Bureau of Economic Research, Inc.
51 Madison Avenue,
New York City

Dear Mr. Stahl:

            Replying to your letter of February 26th I may say that I have known Mr. Arthur F. Burns ever since his undergraduate days. He was one of my honor students when I was at Columbia and when he finished his graduate work I brought him to Rutgers as an Instructor. I think that he will be promoted to an Assistant Professorship next year.

            He has been a specialist in the field of Statistics and Economic Theory and would therefore, in my judgment, be ideally equipped for the post of Research Associate. He is meticulously careful and most painstaking. You are doubtless familiar with some of his writings during the past year or so. They have seemed to me excellent pieces of work. We shall sorely miss him should he ask for leave to accept possible appointment under you, but on the other hand, I believe that in the end it will add to his value to us, at the same time that you are getting the use of his services. In short, I recommend him without qualification.

Sincerely yours,
[Signed] E.E. Agger

EEA:H

_____________________

Reference Letter:  Carl Snyder

COPY
Thirty Three Liberty Street
New York

March 5, 1930

Dear Mr. Stahl:

            I have followed the work of Arthur F. Burns, of whom you wrote, with a great deal of interest. It seems to me careful, conscientious, well-planned work. He has the inquisitive mind, and that is the great thing. His ideas seem to me sound and his statistical methods well grounded.

            The problem in which he is interested is one in which we have done a great deal of work here, and I know of nothing of greater importance. I wish very cordially to endorse the recommendation for his appointment as a Research Associate.

Please believe me, with very best regards,

Sincerely yours,
Carl Snyder

Gustav R. Stahl, Esq.,
National Bureau of Economic Research
51 Madison Avenue, New York City

_____________________

Reference Letter:  Simon Kuznets

NATIONAL BUREAU OF ECONOMIC RESEARCH
51 Madison Avenue, New York

March 3, 1930

Committee on Selection,
National Bureau of Economic Research
51 Madison Avenue,
New York City

Gentlemen:

            Arthur F. Burns who is applying for appointment as a Research Associate is my former classmate from Columbia University, and has always impressed me by his keen powers of observation and analysis. His work speaks for itself, for he has had opportunity to publish some of the by-products of his doctor’s thesis in the form of articles.

            He has a thorough statistical training, both in theory and in technique, for he has studied statistics, taught it, and applied its principles. He is also thoroughly versed in economic theory, having studied it under Professors W. C. Mitchell and H. L. Moore.

            On the whole, Mr. Burns is a candidate of high promise. He is still quite young in years, but is quite experienced in research work. He ought to prove equal to the opportunities which an appointment as a research associate will provide for him.

Yours respectfully
[signed] Simon Kuznets
[Research Staff member, NBER]

_____________________

Reference Letter:  Robert E. Chaddock

Columbia University
in the City of New York
Faculty of Political Science

March 3, 1930.

Mr. G. R. Stahl, Executive Secretary
National Bureau of Economic Research
51 Madison Avenue, New York City

Dear Mr. Stahl,

            I have expressed my opinion as to the qualifications of Cowden, Gayzer and Leong as candidates for Research Associate. Mr. Arthur F. Burns is superior to any of these in qualifications for research, in my opinion. All his inclinations and his critical attitude toward his own and the results of others point to research as his field. He has unusual technical preparation in Statistics and does not lose sight of the logical tests of his knowledge. He has been publishing articles constantly since entering upon his teaching at Rutgers University where he is successful as a teacher so far as I know. I would not rate him ahead of the candidates I have described before in matters of personality and personal contact, but I do regard him as a very superior candidate in respect to qualifications for research and scholarly productivity.

Sincerely yours,
[signed] Robert E. Chaddock

REC:CT

_____________________

Letter:  Edwin F. Gay to Arthur F. Burns

NATIONAL BUREAU OF ECONOMIC RESEARCH
51 Madison Avenue, New York

June 25, 1930

Mr. A. F. Burns
34 Bethune Street
New York City

My dear Mr. Burns:

            At a recent meeting of the Executive Committee of the National Bureau it was decided that since all the members of the regular staff are not available until the end of September, the Research Associates should be asked to report here on October 1, 1930, instead of September 15. You may, of course, come earlier but full provision for your work cannot conveniently be made before the date indicated. The stipends of the Research Associates are to run from October 1, and also the salaries of such statistical assistants as are designated for the service of the Research Associates.

            Upon your arrival you are to report to Dr. Frederick C. Mills, who will have direct responsibility as your adviser. You will be free, of course, to consult with any of the members of the staff.

            In regard to arrangements for statistical and other assistance, you will consult with Mr. Pierce Williams, the Executive Director.

            It gives me great pleasure, in behalf of the directors and staff of the National Bureau, to welcome you as a research associate. We trust that you will find the eleven months with us not only scientifically profitable but personally enjoyable.

Sincerely yours,
[signed] Edwin F. Gay]
Director of Research

RD

[handwritten note] P.S In looking over your application, I [word illegible] certain [items?] which I think should be filled out. These are: the date of arrival in this country, precise date of naturalization; pre-college education.

Source: Duke University. David M. Rubenstein Rare Book and Manuscript Library. Economists’ Papers Archive. Arthur F. Burns Papers, Box 2, Folder “Correspondence/NBER, 1930”.  IMG_8329.JPG

Image Source: Duke University. David M. Rubenstein Rare Book and Manuscript Library. Economists’ Papers Archive. Arthur F. Burns Papers, Box 6. Folder “Photographs, B&W I”. Note: “1930s” written on back of photograph.

 

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Columbia Economics Programs

Columbia. Memo from economics chair to department members with three recommendations, 1945

October 30, 1945

To the Members of the Department of Economics:

            During the past two years the members of the Department have reviewed the contents of the various courses in the present curriculum, and have discussed problems of departmental organization. Certain of the issues raised in these discussions, and one or two related general problems, should be settled within the present year. Questions that were academic during the period of reduced registration are more pressing at the present time, and will be insistent under the heavy registration to be expected next year.

            The following are some of our present and pending problems:

  1. The numbers of students registered in certain courses are too large for effective instruction by the methods preferred by the instructors. This problem promises to become more serious.
  2. The heterogeneity of the student body with respect to training and experience makes it difficult to do justice to the well-prepared students while meeting the needs of the less well-prepared.
    Like problems arise from the mixture of part-time and full-time students, and from the mixture of students planning to become professional economists with students who have no serious professional interests. Standards of instruction suffer, as a result.
  3. Failure to week out weaker students lessens the effectiveness of the work we can do with capable advanced students.
  4. Under present arrangements for the preparation of dissertations it is difficult properly to supervise the research work of advanced graduate students, and to give them adequate training in research procedures.

            The following recommendations bear upon these and related problems. The considerations that prompt each recommendation will be familiar to members of the Department, and need not be expounded in detail.

  1. I propose that we set up a clear distinction between two classes of graduate students.
    1. Standard candidates, whose objective is the doctoral degree, with or without the M.A. as an intermediary degree.
      Standard candidates will be selected upon the basis of their own statements of intention, and after careful review of their educational records by the Office of Admissions and the Department of Economics. High standards will be enforced. Standard candidates must register each term for a minimum of 12 points (or for a smaller number if that number will complete residence requirements for the doctorate).
      Standard candidates may be designated at the time of admission to the Graduate School, or later.
      The status of all standard candidates will be reviewed by the Department at or before the close of their first full year of graduate study. This review may take the form of special written examinations. Only with explicit approval of the Department may standard candidates register for a second year of graduate work. The Department may subject standard candidates to review at later stages of their work, as well as at the close of the first year.
      Certain courses of instruction and certain seminars will be open only to standard candidates.
    1. Terminal M. A. candidates. These are students whose final objective in the graduate school is the Master’s degree. In general, the present rules for the M.A. degree will apply to this group.
      The one important modification proposed is that grades of B or better be required for the 21 points of examination credit that must be offered for the M.A. degree. This tightening of M.A. standards seems essential. With it we might, to advantage, enforce more rigorous standards for the M.A. thesis.
      The students placed in this class would include all those who contemplate no graduate work beyond the M.A., and those whose intentions regarding graduate work beyond the M.A. are uncertain.
      The accomplishments of students in this group would be subject to periodic review and those with definitely unsatisfactory records would not be allowed to continue their graduate work.

Unclassified graduate students, students provisionally admitted to the graduate school and students not candidates for a higher degree will be grouped with Terminal M.A. candidates in determining admissibility to graduate courses and seminars. Students desiring to work for the doctorate but whose educational records do not warrant immediate acceptance as standard candidates will also be grouped with terminal M.A. candidates. The Department may transfer such students to the standard category on the basis of demonstrated capacity.

Under this proposed classification, we shall set off for special attention legitimate candidates for professional training as economists, and for this group shall enforce standards of attendance and accomplishment more rigorous than those applied to other graduate students. If we are to preserve high standards of instruction and training for the doctorate there is only one alternative to the proposed segregation. That is the drastic curtailment of the size of the graduate group. Under present conditions this does not appear to be a feasible alternative.

            In determining what courses are to be restricted to standard candidates, account will be taken of the wishes of the instructors, the specified pre-requisites and the manner in which the instructors wish to handle their classes (e.g. lectures, or discussion), as well as subject matter.

            Some review of our curriculum will be called for, if this division is to be enforced. Small classes, with more emphasis on seminars and specialized research, will be appropriate in the programs of the standard candidates. Large lecture courses and courses of fairly wide scope will continue to be given for the terminal M.A. candidates and unclassified students. There will be, of course, a mixing of groups in some classes.

            There should be considerable flexibility in the framing of programs for the standard candidates, so that men who come to Columbia with a considerable background of work in economics will not be obliged to take certain of the general courses intended for men who come with a liberal arts background and little specialization in economics.

            2. I recommend that every doctoral candidate be required to devote a period equivalent to at least one semester, and preferably one year, to rigorous research training, under the supervision of the Department. In general this should mean a year in residence, or in an approved research position, following the oral examination on subjects. During this period the candidate’s dissertation should be substantially completed. An appropriate administrative rule, when formulated, will have to make some allowance for flexibility of application, but the objective should be clear. The writing of the doctoral dissertation is an integral part of the candidate’s professional training. It should be completed under the guidance of the Department, or under other conditions that will assure appropriate supervision and sound training in research techniques.

            3. I recommend that the Department approve, in principle, the organization of two specialized centers of economic research. Plans for these institutes, or research centers, will be submitted to the President. Financial support will be sought within and without the University. It is hoped that these institutes will provide members of the faculty with research funds and research facilities, and that they will strengthen the educational work of the Department by providing advanced graduate students with opportunities to assist in research projects during their period of graduate training.

            The centers now proposed are an Institute of Public Finance and an Institute of International Economics. Detailed memoranda on the organization of these institutes have been prepared.

            If the Department favors these three general recommendations consideration will have to be given to requisite curricular changes and, possibly, to admission procedures and minor administrative matters. Appropriate recommendations can be placed before the Department at a later time.

Frederick C. Mills

Source:  Columbia University Archives. Rare Book and Manuscript Library. Central Files 1890-.  Box 396. Folder: “1.1.288 1/1 Mills, Frederick Cecil.”