HARVARD PROFESSOR IS GRANTED HIGH DEGREE

Professor Daniel Houston Buchanan, who is now in Japan for the Harvard Bureau of International Research, has been awarded one of the greatest distinctions granted any scholar in that country. He has been given the degree of Keizai Gaku Hakushi, or Doctor of Science in Economics, by Keio University, Tokyo.

Professor Buchanan, who first became connected with the University in working for an A.M. degree which he received in 1912, is the first non-Japanese ever to be honored with this degree, and less than a dozen Japanese have attained the distinction which falls to him.

The degree is awarded for outstanding written contributions in the field of Economics, and has been granted Professor Buchanan for the writing of a critical history of the doctrine of rent and the marginal expenses of production covering the period from Adam Smith, 1776, to the present time, together with a study of Japanese rural economy, published a few years ago in the Quarterly Journal of Economics of the University.

Professor Buchanan first went to Japan in 1914 to join the Economics staff of Keio University. He remained there 11 years, returning to the United States in 1925 to become a member of the faculty of Ohio State University. He became connected with the Harvard Bureau of International Research in 1926, spent the past year in India in Economic research with special emphasis on industrialization, and left to return to Japan last January.