TAUSSIG ON COMMISSION

Professor Frank William Taussig '79, of the Department of Economics, accepted Saturday his appointment by President Wilson to the Federal Tariff Commission. The other members of this commission which will gather information to aid Congress in revising the tariff will be announced later. It is considered probable that Professor Taussig will be made chairman.

Professor Taussig made the following statement in regard to his appointment yesterday:

"I have accepted my appointment to the commission subject to the confirmation of the Senate. The appointment will necessitate my going on a leave of absence but I do not intend to sever my connection with the University. I will continue my courses during the remainder of the first half-year until mid-years, after which I expect to be away. As to how long I will be on the Commission I can say nothing definite at present."

Professor Taussig has won an international reputation as an economist, having written several important books, among which are "A Tariff History of the United States," "The Silver Situation in the United States," "Wages and Capital" and "Principles of Economics." Through more than 25 years of especial attention to tariff problems he has established himself as the most impartial and authoritative writer on matters of fiscal policy in this country.

Since receiving his degree of A.B. from the University in 1879 he has been honored by the degrees of Ph.D., A.M. and LL.B. He was appointed instructor in political economy in 1882, assistant professor in 1886 and professor in 1892. Since 1901 he has been the Henry Lee Professor of Economics. Professor Taussig was president of the American Economic Association from 1904 to 1905, and is a fellow of the American Academy of Arts and Sciences.