In this connection it may be well to say a few words about the condition of our political economy department. A circular of information in regard to the Columbia School of Political Science has recently been distributed among the students, in which the advantages Columbia offers in the pursuit of this study are set forth. There is undoubtedly a great need that the young men of the country should be educated for the political branches of the public service as well as for the other branches, and for this purpose such an institution has been founded. But a glance at our catalogue will show that, although we make no pretense at having a school of political science, our courses in political economy offer better facilities for a study of this science, both in their number and character, than is offered at any other college in the country. With our courses in Roman law, constitutional and legal history, and political economy, we doubt very much if better opportunities for the study of the various branches of the political sciences are afforded at any other college than at Harvard. The enterprise which the political economy department has shown in the increase of its courses during the past few years has been amply repaid by the interest which has been fostered in this important branch of the political sciences.