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THE CORPORATION is organized like a real one. Last fall, shares of stock were issued to each of the club members. Meetings are a market place where members exchange ideas and questions about economics. Carleton Cummings is president. Front row: Wilkinson, Maxwell, Cummings. Second row: Lyle, Kuegle, Rugen, Perkins. Third row: McCarley. Blocher, Weaner, Meese. Fourth row: Gensbigler. Cox. Somers, Levers. Fifth row: Booher, Saddler. Geddes. Sixth row: Hudson, Singer, Harring. Big' Wooster's future Adam Smiths and Madam Perkins gain their lore from a trio headed by Dr. Alvin S. Tostlebe. He teaches the prin- ciples course, but his specialties are money and banking and public finance. At present, he is on leave of absence in Washington, where the government finds his counsel use- ful. He is directing a research project on agricultural taxation. Pupils Peruse Public Problems Most enrolled of the advanced courses are Assistant Professor E. Kingman Eberhart's labor problems and economic reform. Stu- dents of labor problems decide what should be done about insecurity of jobs, low wages, and long hours. Economic reformists com- pare capitalism with socialism, communism, fascism, and cooperation. This spring Eber- hart was appointed to the National Advisory Council of the research organization known as Consumers' Union. One day a week is all that Instructor L. Merle Hostetler spends in Wooster, but he v-ri 1, wil ... ... Seventh row: Mellert, R. Long. Standing: Mr. Eberhart, Mr. Tostlebe. THE TWO ELECTRIC calculators, one hand calculator. cmd one adding machine which belong to the economics department give economists a real work-out. In this picture, Walt Lyle is using the hand calculator. Last winter. Prof. Eberhart's statisticians calculated the mea:n, the mode, the standard deviation, the skewness and the kurtosis of the heights and weights of Wooster's freshman women. This practical experience was possible through cooperation with the women's athletic department. 'TQ f?5' .fx 'l fe Comet packs it with knowledge for the would-be bookkeeper and business forecaster. He teaches economic organization, as well as accounting and business trends. All work and no play . . . so the saying goes, and Wooster economists are no excep- tion. THE Corporation fnote that THE em- bodies the initial of each of the professorsj is the medium of expression whereby work and play are combined. ' DEPARTMENT HEAD Dr. Alvin S. Tostlebe, Assis- tant Proiessor E. Kingman Eberhart, and Instructor L. Merle Hostetler discuss the rapid rise ot the business index. They refuse to comment on the probable post-war economic situation, but they shake their heads pessimistically.
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