COPYRIGHT, 1888, BY AMERICAN ECONOMIC ASSOCIATION. BALTIMORE: 1888. TABLE OF CONTENTS. PAGE. I. THE STUDY OF STATISTICS IN COLLEGES.. 1. Attention paid to the subject in Europe... 2. Courses offered in America. ...... 3. Application of social science to the facts of life.. 4. Necessity of mathematical skill in study of statistics... 18 5. Three divisions of statistical science..... 6. Necessity of teaching statistics in colleges.. II. THE SocioLOGICAL CHARACTER OF POLITICAL ECONOMY.. 1. Organic nature of the social aggregate. 2. Abstraction in political economy. 3. Course of economic investigation.. III. SOME CONSIDERATIONS ON THE LEGAL-TENDER DECISIONS.... 49 , 1. Influence of the legislative and executive branches on 2. The three legal-tender cases and grounds of decision... 54 3. The constitution and legal-tender notes.... 4. Intention not observed in the construction of legislative 5. Debate on the legal-tender clause in the constitutional 6. Opinions as to the power of Congress to issue legal- 7. Construction of terms in the constitution.. 8. Decision of the Supreme Court and the result of it...... 76 122051 The Study of Statistics in Colleges. BY HON. CARROLL D. WRIGHT, Paper read at the joint session of the American Economic and Historical Asso ciations, at Cambridge, Mass., May 24, 1887. America has no counterpart to the continental school of statisticians, whose members have entered their particular field of science after special training by a systematic course of instruction. We have our statisticians, to be sure, but they have taken up their work accidentally, and not as a profession. Men engaged in the practice of law or of medicine, or in the other learned professions, enter them only after careful preparation. Our government trains its soldiers and sailors; our colleges and higher institutions of learning fit men for various special scientific and professional labors, but we have not yet reached the advanced stage of educational work in this country which comprehends administration in its broadest terms. The European has an advantage over those engaged in statistical work in this country. Many of the leading colleges and universities of the continent make special effort to fit men to adopt statistical science as a branch of administration, or as a profession. Körösi, Neumann-Spallart, Ernst Engel, Block, Böhmert, Mayr, Levasseur, Bodio, and their score or more of peers, may well excite our envy, but more deeply stimulate the regret that one of their number, |
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