Image provided by the Yale Club & Scholarship Foundation of Hartford, Inc.
About Yale Alumni Magazine | View Entire Issue (Feb. 18, 1897)
YALE ALUMNI WHEEKLY The Late General Walker. (H. W. F. in February Journal of Science.) His economic work lay in three dis- tinct lines. He was at once the leader of an economic movement, a theoreti- cal economist and a statistician. His name is. chiefly associated in the popular mind with the movement for the establishment of international bimetalism by an agreement among the leading states. His attitude on this subject has frequently been mis- understood. He had no symyathy with the national bimatellic movement of the campaign of 1896 which aimed at the introduction of the free coinage of silver by the United States alone, but he followed in his views very closely those of Cernuschi and other European economists. As a theoritician his most important contributions to the science are his Law of Wages and his Law of Profits. The former was first sug- gested in his treatise on Wages pub- lished in 1876 and more fully developed in his text book of Political Hconomy published in 1882. This theory stood in direct opposition to the wage-fund theory of an earlier period, and has had an important influence upon economic thought. His theory of profits established a close parallel be- tween profits and rent, and held that, just as rent is the remuneration for special advantages in the way of land, so profits are remuneration for special advantages in the way of business ability. As a statistician Gen. Walker’s most important work lay in the management of the ninth andtenth census, which he developed from a mere enumeration of the population into a great statistical investigation, reinforced by numerous special studies of the principal resources of the United States. He combined in a rare degree the logical mind of the scholar, the vivid style of the popular writer, and the organizing power of the ad- ministrator. His literary activity lay in many fields, and many departments of economic science will feel his loss. Wale Review for February. The February issue of the Yale Re- view happens to have, probably for the first time in its history, no body article from a Yale man. BE. A. Angell of Cleveland writes on “The Tax Inquisitor System in Ohio;” James G. Whiteley of Baltimore on “The Question of the Dardanelles;’’ “Half a Century of Improved Housing Effort By the New York Society For Improving the Condition of the Poor’ is further discussed by Mr. W. H. Tolman, New York secretary of that society; Prof. Willard Fisher of Wiesleyan University writes on ‘The Currency of China,’ and J. R. Com- mons on “The Day Labor and Con- tract System of Municipal Works.’’ The editorial comment discusses “The Indianapolis Conference.” ‘‘Pub- lic Opinion and Legislation,’ and ‘The Completion of Spencer’s Syn- thetic Philosophy.’’ Naturally the life and work of the late. Francis A. Walker is dealt with editorially in the Notices. In the latter Department are also articles on these topics: “Opposi- tion to the Adoption of the Federal Constitution,’ ‘History of Political Studies in American Colleges,’ ‘‘The English Local Rating System,” ‘The Cost of English Election Competition Trials,’”’ ‘‘Notes on the Currency Ques- tion,’”” “Free Silverism in Hngland,’’ “A Neglected Economist: John Rae.”’ Yale Men in Congress. Yale has one less graduate in the Fifty- fifth House of Representatives than last year and is tied with the University of Michigan for first place, each having nine graduates in the House. Yale is repre- sented in this branch of Congress by Eb- enezer J. Hill, ex-’65, and Charles A. Rus- Sell, *73, of Connecticut; Charles F. Joy, "74, of Missouri; Francis G. Newlands, 67, of Nevada; Charles N. Fowler, ’76, of New Jersey; Francis H. Wilson, ’67, Charles G. Bennett, ex-L. S., and Aaron V. §S. Cochrane, ’79, of New York, and John Dalzell, ’65, of Pennsylvania. The total college representation in the House is as follows: Yale 9, University of Michigan 9, Harvard 7, University of Vir- ginia 5, Washington and Lee 5, Bowdoin 4, Princeton 4, DePauw 4, Kentucky Uni- versity 4, Dartmouth 4, Union 4, Wash- ington and Jefferson 4, Columbian 8, Uni- versity. of Pennsylvania 3, and 2 each from University of Georgia, McKendree, Georgia State, Illinois State, Wabash, West Virginia University, _ Amherst, Northwestern University of Wisconsin, University of Mississippi, Vanderbilt, Uni- versity of Missouri, Columbia, Williams, Western Reserve, Cumberland and Uni- versity of Vermont, Fifty-five colleges have one Representative each. Lecture and Concert Program. The following lectures and concerts are open to Yale students:— February 18—‘‘The Fall of the Sec- ond Empire,” by Mr. Isaac H. Bromley, of the New York Tribune, in College Street Hall at 7:30 p. m., under the auspices of the Kent Club. February 19.—‘‘Slide Making,” Rev. W. F. Dickerman, in Boardman School. , February 19—‘Egypt; Sakkara_ to Beni Kasan,” by Prof. D. Cady Eaton, in the Scientific School. February 22.—‘*The Lines of De- velopment in Primitive Religion,” Proc Brinton, M.:-D.} TED. February 23—‘‘Scenery in United States Forest Lands,’ by Prof. W. H. Brewer, in the Scientific School. February 24.—Christ’s Preaching and the Apostolic Church,’ Rev J. Lewis Parks, D. D., of New York City, in Trinity Church. February 25—‘“‘The Modern Novel,’ by Prof. Wm. Lyon Phelps, in United Church at 8 p. m., under auspices of the University Extension Society. February 25.—Concert of Euterpe - Choral Society, conducted by Prof. H. W. Parker. February 26.—‘‘Science of Light,” Prof. E. W. Scripture in Boardman. School February 26—‘‘Food Adulteration in Connecticut,” by Dr. E. H. Jenkins, in the Scientific School. February ’8.—Dr. Alexander McKen- zie of Boston will speak in the United Church under the auspices of the Men’s Club. March 2—‘Egypt; the Ruins of Karnak, Luxor, and Thebes,” by Prof. D. Cady Eaton, in the _ Scientific School. March 38.—‘‘Alexander and Na- poleon,” Prof. A. M. Wheeler, in Boardman School. March 4.—Concert by the New Ha- ven Symphony Orchestra in the Col- lege Street Hall. March 4—‘‘The Russian Novel, illus- trated by the works of Ivan Turge- nev,” by Prof. Wm. Lyon Phelps, in United Church at 8 p. m., under aus- picies of the University Extension So- ciety. March 5—“‘Eegypt; From Abu-Simbel] » back to Cairo, Gizeh Museum,” by Prof. D. Cady Eaton, in the Scientific School. March 7.—Lecture by Dr. Edward Everett Hal2 2f Boston in the United Church under the auspices of the Men’s Sunday Evening Club. March 9—‘“‘The Battle of Gettys- burg,” by Mr. Huber Grey Buehler, in the Scientific School. March 11—‘The Polish Novel, illus- trated by the works of Sienkiewicz,”’ by Prof. Wm. Lyon Phelps, in United Church at 8 p. m., wnder auspices of the University Extension Society. March 12.—‘‘Clay: Its Uses as a Building and Paving Material,” Mr. Felix Chillingworth, in Boardman School. March 12—“‘Bjornsen, Daudet, James; a Study in Literary Times-Spirit,” by Mr. Richard Burton, in the Scientific School. March 16—‘‘Electrical Waves and Light,” by Mr. H. A. Bumstead, in the Scientific School. March 17.—‘Explorations of the Deep Sea Bottom,’’ Prof. A. E. Ver- rill, in Boardman School. March 18—“‘The German Novel, illus- trated by the works of WH. Suder- mann,” by Prof. Wm. Lyon. Phelps, in the United Church at 8 p. m., under the auspices of the University Exten- sion Society. March 19—“The Use and Misuse of — Statistics,’’ by Prof. A. T. Hadley, in the Scientific School. March 23—‘‘Recent Explorations of the Deep Sea and Their Results,” by Prof. A. E. Verrill, in the Scientific School. March 25.—‘‘The Construction of High Buildings,” Mr. L. W. Robinson, in Boardman School. March 25—‘*The Scotch Novel,’”’ illus- trated by the works of Robert Louis Stevenson,” by Prof. Wm. Lyon Phelps, in the United Church at 8 p. m., under the auspices of the Univer- sity Extension Society. March 26—‘The English in Austra- lia,’ by Prof. Morse Stephens, in the Scientific School. April 1—“The English Novel,” illus- trated by the works of Thomas Hardy,’ by Prof. Wm. Lyon Phelps, in the United Church at 8 p. m., un- der the auspices of the University Ex- tension Society. April 22.—Concert by the New Ha- ven Symphony Orchestra in the Col- lege Street Hall. was graduated in 1889. (Continued from third page.) Lake City, Utah. Mr. Murphy had been engaged in the practice of law in that city. The Weekly will print a more complete obituary notice in the next issue. PROF, J. R. TUCKER, ’87 HON, Prof. J. Randolph Tucker, ’87 Hon., died at his home in Lexington, Va., Feb. 13. He was conscious up to with- in a few hours of his death, and passed away quietly. He was born at Winchester, Va., in 1823, and was the son of Henry St. George Tucker. In 1844 he graduated from the University of Michigan,and in 1845 was admitted to the Bar, and jpracticed in Winchester. From 1875 to 1874 he was Attorney-General of Vir- ginia. He was elected Congressman in 1874, and remained a member until 1877. He was the chairman of the Ways and Means Committee and of the Judiciary Committee. He was for several years a professor in Washing- ton and Lee University. In 1887 an honorary degree of LL.D. was con- ferred upon him by Yale University. JAMES ALBERT WILSON, ’89 I. S. James Albert Wilson, ’89L. S., died of grip in Bridgeport, Conn., Friday, February 12. Mr. Wilson taught school until well along in life. In 1887 he entered the Yale Law School, and After gradu- ation he entered the firm of Nobbs & Wilson, in Bridgeport. Mr. Wilson was 53 years old, and leaves a wife and four children. ><> <— > Wanted at Other Colleges, Too. (Whitman College Pioneer.) Wanted-—Enthusiastic, brainy, loyal students to raise the standard of class honor so high that he who dares to try lower it will find that not only has he disgraced himself in. the eyes of his fellow students by so doing, but that reproach has been brought upon the College also by his actions. ; WILLIAM FRANKLIN & CO, Importing Tailors 40 Center St., New Haven, Conn, Miss McCARTELY, New York, 403 Fifth Avenue. IMPORTER AND MANUFACTURER OF Cotillon and Luncheon Favors and French Novelties, Fine Art Embroideries and Materials. Sofa Cushions and Lamp Shades to match rooms for either city on country houses. Orders carefully and promptly attendedto. . NEWPORT. 4038 FirtH AVE., NEW YORE. Cleans and Polishes. .... Lubricates. Prevents Rust. FOR BICYCLES, GUNS, AND ALL BRIGHT METALS. Ask your dealer for “ THRERB IN ONE,’’ or send 10 cents for sample. G. W. COLE & CO., 111 Broadway, NewYork, “MYVN ACVYL REGISTERED. FRANK A. CORBIN, IMPORTING = TAILOR 1000 Chapel Street. J. EDWARD SOMERS, Importing Tailor 63 CENTER ST., New Haven, Conn. se ODE THOMPSON, ADAMS & McNEILL, Bankers and Brokers, 44 Broad Street, New York, Members New York Stock Exchange, Stocks and Bonds Bought and Sold. Investment Securities a Specialty. **Long Distance Telephone, 947 Broad.” LEOPOLD H. FRANCKE. ALBERT FRANCEE. L.H. & A. FRANCKE, Bankers and Brokers, 50 ExcuancE Pracz, New Yorx. Members New York Stock Exchange. Buy and Sell on Commission, Stocks and Bonds dealt in at the New York Stock Exchange. Also Miscellaneous Securities not listed on the Stock Exchange. Long Distance Telephone, 1348 Broad. A. M. Hunter. F. K. Hunter. L. A. CooPEeR. HUNTER, COOPER & COMPANY, Members of New York Stock Exchange, BANKERS and BROKERS, 51 Exchange Place, - New York. 3tocks, Grain, Cotton. ‘tivate Wires to Chicago. Telephone, 2237 Cortlandt. The Murray Hill Hotel, PARK AVENUE, 40th and 41st STREETS. NEW YORK. American and European Plans. Headquarters for Yale Men. WHAT IS INHALER ? X-ODE is a product of electricity. It forms on asbestos while being electrically treated in a solution. This asbestos is put up in a glass vial. When the cork of the vial is removed and the air comes in contact with the asbestos, it emits from the inhaler a soothin seous substance, which will penetrate any part of the body. When inhaled through the nose or mouth, it penetrates every nook and crevice of the mucuous surfaces, kills the germ that causes the disease, and gives the tissues a healthy condition, thus effecting a permanent cure. Itis unlike snuff, drugsor medicine. X-Ode penetrates parts that it would be impossible for drugs or medicines to do. Catarrh, Asthma, Hay Fever, Coughs, Head- ache, Bronchitis, LaGrippe, etc., yield to its influ- ence with marvelous rapidity. This inhaler lasts from one to three years. Trial size inhaler, 15 cents; large size inhaler, $1.00. All druggists or by mail. The X-ODE CO., 19 Union Square, New York City. PACH BROS., College = Photographers, 1024 Chapel St., New Haven. Branch of No. 935 Broadway, New York. - Mory’s = | E. G. OAKLEY. (Bstabliched 1858.)