New York University School of Commerce - Commerce Violet Yearbook (New York, NY)

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D. l'lOUGII'l'ON A. BI. GRI-ILINFIIZLD W 'l'. ANDERSON, JR. S. FABRICANT H. IS. GRICIIIINUPIR Professor Marlzeting Professor Music Professor lfform nz ics Professor ffl'0HlHlliL'.T l'rofe.v.vor f1r'r'm1r:liug Q . T. C. JONES YV. YVIDICR li. H. VAN DI-QIJJFN H. JANIS ISACKBIAN l'rofr.a'.mr I-'iuruiro I'roff's,vor Armzuzling Prolfssor Intlustriol Relations Professor Ituxinrss linglislz l'mfr's.v1n' 1ir'o1mmir's 1 1 I ff.-1' S. XV. ROXVIC J. C. DRURY X l'rnf1'.s'sor Lan' I'rof1'sxor Jlrtrl:f'ting C. H. lll'1I.l.IN'ELL YV. R. CURTIS .'1sso1'ialz' PI'0ff'SS0l' .'1.wso1'iuIcf Profe.vxor Gl'lIL'l'!1i THE w'u'I'-'VIE CLARK Cl'1N'H'iR OF 'NT' x Matlzzfnmlics History HIT. V. F. l'lOl'I'lCR l'rof1'.x.xor fiI'!II'l'fli I K l.. cr. I.0VIi-IOY l'rof1'ssor A. M'. NIELSON .AI.v,xm'irtIe lIl'tlfl'.VS!II' Iirom Googrtlfrlzy lf. F. BOND t1X.Ylll'illlC Professor jo urnulisnz i F. A. DE PHILLIPS C. E. SCHULZ W H. A. CONNER A. INI. DliT'I'LOFF P. L. HOYVELL H- KRIEGHISAUM Assoriate Professor Associate Professor Associate Professor Marketing Assorinte Professor Marketing Associate Professor Finance -45-Y0f'fl1lf Pfoff-V507 Management Management ' ,Iourrmlism i E 1

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ADIVIINISTRATION AND FACULTY Commercial Law DR. GODFREY SCANS THE TIMES kiss in his Business Correspondence have since been adopted by every succeeding writer and teacher on the subject. The Business English courses show the student the effec- tiveness of the 'iyou attitude in getting business and main- taining good will between a firm and its clients. So valuable is a Business English Course to every Commerce student that it has become one of the required courses of the School of Com- merce. Commenting on the new interest of businessmen in Business English, one noted man said, A man's value to us is severely limited unless he can tell, in speaking or writing, what he did, why he did it, and what the significance of his findings may be. Demand for a Knowledge of Commercial Law has increased with the growing complexities and intricacies of the modern business world. The Department of Commercial Law is not intended to make one a practitioner. Its purpose is to give a sense of awareness of the ethical and legally correct course of action, to indicate when a lawyer should be consulted in the course of everyday business and to help those students who intend to prepare for the Certified Public Accountant examinations. Courses taught in law universities close to the turn of the century, made no provision for businessmen who could utilize a knowledge of business law in everyday life. An awareness of these needs led the founders of the School of Commerce to include in the initial curriculum, courses in the Law of Sales and Agency. The School of Commerce, under the guidance of Cleve- land F. Bacon, established its own law courses better adapted to the needs of the business world. The traditional academic training offered by the School of Law failed to prepare students who wanted to specialize in business law, for the complexities of accounting systems and corporate financing. An arrange- ment was made whereby a student could take two years of business law as a preliminary to the later advanced training in law. A Bachelor of Commercial Science degree was granted in New York University after one year of study at the Law School. 2'I

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ADMINISTRATION AND FACULTY Economics. General Courses IROI S D KLI. HOUGHTON AND LLOX D D1 Nl I This arrangement is still in operation, however, the student is now required to complete three years of study at the School of Commerce before entering the School of Law. Thus, the stu- dent of today-the business man of tomorrow-is better pre- pared to make decisions in the complex and intricate business world of today. A Need for a Knowledge of Economics was realized at the inception of the School of Commerce. An Economics Department was founded by joseph French Johnson, second Dean of the School of Commerce, under whose leadership a high standard of instruction in Economics was set. The importance of Economics cannot be underestimated. Every day, businessmen are confronted with actual economic problems, rather than with theoretical abstractions. Ordinarily, they are forced to learn their economic principles by contact with practical business. Realizing the problem of the business- man, the Department of Economics through the years has con- tinually expanded its curriculum to provide the student with a better background. Under the guidance of Chairman Doctor Walter E. Spahr, such courses as General Economics, Economic and Financial History of Urban Society, Dependency and Delinquency, Statistics and Economic Fluctuations are offered by the Department. With the cooperation of the Management, Real Estate and Public Utility Departments, courses in Labor Legislation, Principles of Real Estate and Principles of Trans- portation are given. The General Course Deparimenf is unique in that it does not offer any courses pertaining directly to business, and has the distinction of being the first of its kind in the United States. In 1926, under the leadership of Dean Madden, the School of Commerce introduced a program offer- ing courses leading to the development of a cultural back- ground. The age of specialization died at that time and a new era in education was born. In the general courses the student is enabled to see himself and his profession in the full scheme of things. He can avail 23