This article focuses on attraction and selection of accounting teachers. The need of selection of accounting teachers is for a greater number of fine scholars to the collegiate schools of business or to business courses offered in liberal arts colleges. Secondly, having attracted fine scholars to the study of commerce, industry, and finance, it is equally important that they should not be alienated from accounting because of an early and intensive exposure to record keeping. The third important thing is to hold before the promising student the incentives, the variety of opportunities, the fascinating life which a career in accounting offers. Some of the criteria's for selection of accounting teachers are, good physical appearance, neatness in dress, professional bearing and attitude, and a good voice and speaking ability, sound underlying education having sufficient breadth and depth to provide a cultural background, technical proficiency through study, research, and practice and cheerful and enthusiastic disposition with an interest in people.

The article reports on the achievements and progress of the American Accounting Association. One of the impressive accomplishments of the association was the marked increase in membership. The widespread interest of professional practitioners in the work, the aims and objectives, the publications, and the activities of the association in the held of accounting education has been gratifying. Many new teachers at the college level have been added to the membership roles. To all of these new members the association extends a warm and cordial welcome and a standing invitation to participate actively in furthering the purposes which are set forth in our by-laws and statement of purposes. The program of the annual meeting gave a glimpse into still another new undertaking, namely, the development of standards rating in the field of undergraduate and graduate study of accounting. It is hoped that extension of this project may become a continuing activity of the association.

I. Introduction, 175. — II. The basic model, 177. — III. Empirical specification, 179. — IV. Empirical estimation, 187. — V. Poliep' implications, 193.— Appendix: Symbols, definitions, and data sources, 195.

Advertising Expenditures, Advertising expenses, Amortization, Almon polynomial model

Could racial wealth inequality have been reduced if freed slaves had been granted land following the Civil War? This paper exploits a plausibly exogenous variation in policies of the Cherokee Nation and southern United States to identify the impact of free land on the size of the racial wealth gap. Using data on land, livestock, and home ownership, I find evidence that former slaves who had access to free land were absolutely wealthier and experienced lower levels of racial wealth inequality in 1880 than former slaves who did not. Furthermore, their children continued to experience these advantages in 1900.