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Page thumbnail for The Wenatchee Daily World
Story April 21, 1909

The Wenatchee Daily World

Wenatchee, Chelan County, Washington

What is this article about?

Hart Schaffner & Marx, a Chicago clothing firm, offers cash prizes for essays on labor and economic topics to encourage business studies. Competitions for 1909 (ending June) and 1910 (submissions by June 1910) include classes for college undergraduates, general Americans, and non-college educated. Topics cover unions, wages, protectionism, monetary systems, trusts, and more. Committee led by Prof. J. Laurence Laughlin.

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CHICAGO FIRM
OFFERS PRIZES
FOR ESSAYS
ON
IMPORTANT
TOPICS
ON
MATTERS OF
IMPORTANCE TO LABOR.

A chance to win some fat prizes is now open to every one who is interested in the labor question. A big Chicago clothing concern is now offering a number of prizes both to those who have had a college training and the people who have not had that privilege.

An invitation is given to students of Washington universities by Professor J. Laurence Laughlin, of the University of Chicago, and other educators, to compete for the prize essays offered by Hart Schaffner & Marx to encourage the study of business subjects. The competition for 1909 is now under way and will end the coming June. Subjects for 1910 have just been suggested by the committee, as follows:

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.

For Contestants.

The contestants are divided into two classes.
Class A includes any American without restriction.
Class B includes only those who, at the time of competing, are undergraduates of any American college.
A first prize of $600 and a second prize of $400 are offered for the best studies presented by Class A; a first prize of $300 and a second prize of $200 are offered for the best studies presented by Class B. Any member of Class B, however, may compete for the prizes of Class A.

Men or women who have not had a college training are eligible to compete under Class C, to which a prize of $500 is offered for the best essay, and for which the following subjects are suggested:

The most practical scheme for beginning a reduction of the tariff.
The value of government statistics of wages in the last 10 or 15 years.
Opportunities for expanding our trade with South America.
The organization of the statistical work of the United States.
Publicity and form of trust accounts.

The winning essays will be published in book form at the discretion of the committee, which, in addition to Professor Laughlin, consist of Prof. J. B. Clark, Columbia university; Prof. Henry C. Adams, University of Michigan; Horace Wright, New York City, and Edwin F. Gay, Harvard university. The papers are to be handed in by June, 1910.

What sub-type of article is it?

Historical Event

What themes does it cover?

Moral Virtue

What keywords are associated?

Essay Contest Labor Topics Economic Prizes University Of Chicago Business Studies Tariff Reduction Labor Unions

What entities or persons were involved?

Professor J. Laurence Laughlin Hart Schaffner & Marx Prof. J. B. Clark Prof. Henry C. Adams Horace Wright Edwin F. Gay

Where did it happen?

Chicago

Story Details

Key Persons

Professor J. Laurence Laughlin Hart Schaffner & Marx Prof. J. B. Clark Prof. Henry C. Adams Horace Wright Edwin F. Gay

Location

Chicago

Event Date

1909 1910

Story Details

Hart Schaffner & Marx offers prizes for essays on economic and labor topics to promote business studies, with competitions in 1909 and 1910 divided into classes A, B, and C for different participants, judged by a committee of professors.

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