The appearance in America of a new quarterly devoted to economical questions is in itself a fact worthy of more than passing note. It is a matter of more especial consideration to Harvard students, however, in that the new journal is to be issued from the political economy department of this university. During the past few years this department has been enlarged and increased, its scope has been broadened, and its advantages for study have been added to, until it is one of the most complete in the United States. It is eminently fitting therefore, that such a publication should emanate from Harvard.

The title page of the quarterly, whose appearance we announce more fully elsewhere, declares that it is published for Harvard University. This is true; for the generous gift of Mr. Thayer was intended as a further advantage to study in the department of political science at Harvard. But few public questions have ever existed in the history of our country of more intense interest and importance than that which is at present agitating it from east to west, and a publication devoted to the discussion of these problems will have important influence over a far wider territory than the university alone. We are proud to announce the new journal as coming from our university.