David Wright Takes Annual Wells Prize

This year's winner of the $500 David A. Wells prize, awarded annually to the Harvard student who hands in the best piece of original research work in the field of economics, is David M. Wright, at present an assistant professor of Economics and Commercial Law at the University of Virginia.

Wright wrote the prize-winning paper as his thesis for a Ph.D. degree here last June titling it "The Creation of Purchasing Power." He was not a graduate of the College, but took a degree of A.M. here in 1939, and his LL.B. at Virginia four years earlier. Wright's thesis will be published as a part of the Harvard Economic Studies, a collection of papers on Economics by Harvard Faculty members or former students.

The Elizabeth Wilder Prize of $145, awarded for the highest rating in the midyear examination in elementary German, went to David Bushnell '44, of Moorestown, New Jersey.