David Kinley, Vice-President of the University of Illinois.

Henri La Fontaine, Senator of Belgium.

His Excellency Luigi Luzzatti, Professor of Constitutional Law in the University of Rome; Secretary of the Treasury, 1891–3; Prime Minister of Italy, 1908–11.

Gotaro Ogawa, Professor of Finance at the University of Kioto, Japan.

Sir George Paish, Joint Editor of The Statist, London.

Maffeo Pantaleoni, Professor of Political Economy in the University of Rome.

Eugen Philippovich von Philippsberg, Professor of Political Economy in the University of Vienna; Member of the Austrian Herrenhaus, Hofrat.

Paul S. Reinsch, United States Minister to China.

His Excellency Baron Y. Sakatani, recently Minister of Finance; Present Mayor of Tokio.

Theodor Schiemann, Professor of the History of Eastern Europe in the University of Berlin.