DUNCAN ALEXANDER MACGIBBON was born at Lochaber Bay, Quebec, in 1882. He received his B.A. and M.A. from McMaster University, and his Ph.D. from the University of Chicago. He has lectured at various universities in Canada, and for six months at the Khaki University in England after the first World War. He was Professor of Political Economy and Head of the Department at the University of Alberta from 1919 to 1929. In 1929 he was appointed a Commissioner of the Board of Grain Commissioners for Canada. He served in this post for twenty years, at the end of which time he retired from the Board to return to academic life. He is at present Visiting Professor of Political Economy at McMaster University and the University of Toronto. Professor MacGibbon was a Commissioner for the Alberta Government on Banking and Credit with respect to the Industry of Agriculture, 1922, and a member of the Royal Grain Inquiry Commission, Canada, 1923-24. He was attached to the Canadian delegation to the Imperial Conference at London in 1930, and to the Imperial Economic Conference, Ottawa, 1932. He was a member of the Royal Commission on Taxation of Annuities and Family Corporations, 1944-45. Professor MacGibbon is the author of several volumes in economics; his The Canadian Grain Trade, published in 1932, is the standard work in its field.