Hart, Schaffner & Marx offer for the seventh year prizes for essays on economic subjects. In all, $2,000 will be distributed in awards. The contestants are divided into two classes. Class A includes any citizen of the United States, and Class B includes only undergraduates of an American college. The first prize open to contestants in Class A is $1,000 and the second $500, and those to be awarded in Class B are $300 and $200 respectively. A contestant in Class B, however, is also eligible to Class A.

The committee in charge of the contest consists of: Professor J. Laurence Laughlin, University of Chicago, chairman; Professor Edwin F. Gay, Dean of the Graduate School of Business Administration; Professor Henry C. Adams, University of Michigan; Professor J. B. Clark, Columbia University; and Horace White, Esq., New York, N. Y.

Some of the subjects suggested by the committee are:

"The Effect of Labor Unions on International Trade."

"The Best Means of Raising the Wages of the Unskilled."

"A Comparison Between the Theory and the Actual Practice of Protectionism in the United States."

"A Scheme for an Ideal Monetary System for the United States."

"The True Relation of the Central Government to Trusts."

"How Much of J. S. Mill's Economic System Survives?"

"A Central Bank as a Factor in a Financial Crisis."

If a contestant wishes to choose a special subject, he should communicate with Professor Laughlin, who will provide a list of available topics.

The essays must be sent to Professor Laughlin not later than June 1, 1911.