The Department of Economics has recommended that the David A. Wells prize in economics of 1904'-05 be awarded to W. H. Price A.M. '02, instructor in economics. This prize of $500 is offered for the best thesis, embodying the results of original investigation, upon some subject in the field of economics. The subject of Mr. Price's thesis was "English Patents of Monopoly," information concerning which the author obtained from documents in the British Record Office, in London.
It was also recommended that honorable mention be made of a thesis on "The Lodging House Question in Boston" by A. B. Wolfe '02, Assistant Professor of Economics in Oberlin College. M. Wolfe held the Fellowship at the South End House, Boston, for two years, and his thesis is the result of observations made during his work there.
The judges of the theses were: Professor H. C. Emery A.M. '93 and G. S. Callender '93 of Yale, and Professor D. R. Dewey, of the Massachusetts institute of Technology.