The extension of the department of Political Economy exceeds the expectations of the most sanguine. We are to have seven courses instead of three, and will retain the services of Professors Dunbar and Laughlin, while Mr. Taussig will conduct one of the new courses. The first two courses are substantially the same as those given this year, though Course 2 has been somewhat enlarged. The remaining five courses deal with many of the most interesting practical applications of the science.

In Course 3 the discussion of practical economic questions under Professor Laughlin will be of the greatest advantage to any who wish to become thorough practical students of economic subjects. Mr. Taussig will conduct the course on the tariff of the United States, of which he has made a special study. The other courses deal with the economic history of Europe, land tenures in England, Ireland, France and Germany, and the financial systems of France, England, Germany and the United States. Harvard will thus present a more extended course of study in Political Economy than is given by any other university in the country, and the interest in economic questions will thus be still further increased.