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University of North Carolina

CHAPEL HILL, N. C.

DR. J. H. KIRKLAND CHANCELLOR VANDERBILT UNIVERSITY, NASHVILLE, TENN.

PROFESSOR IRVING FISHER YALE UNIVERSITY, NEW HAVEN, CONN.

EDITOR IN CHIEF FRANCIS J. REYNOLDS FORMER REFERENCE LIBRARIAN, LIBRARY OF CONGRESS MANAGING EDITOR ALLEN L. CHURCHILL ASSOCIATE EDITOR THE NEW INTERNATIONAL ENCYCLOPEDIA CONTRIBUTING EDITORS J. W. DUFFIELD EDITORIAL STAFF OF THE NEW YORK TIMES ALBERT SONNICHSEN ECONOMIST, WAR CORRESPONDENT T. C. SHAFFER PROFESSOR OF HISTORY B. H. GOLDSMITH EDITOR, ECONOMIST BENEDICT FITZPATRICK FORMERLY LITERARY EDITOR OF THE LONDON MAIL C. E. MELOY SMITH DREXEL INSTITUTE, CONSULTING ENGINEER E. D. PIERSON EDITOR, CORRESPONDENT LONDON TIMES J. B. GIBSON COLUMBIA UNIVERSITY J. L. FRENCH EDITOR, AUTHOR Opposite page 84 List of Illustrations TOKIO-Colored Frontispiece PRESIDENTIAL INAUGURAL, 1921 PRESIDENT-ELECT HARDING TAKES OATH OF OFFICE PRESIDENT HARDING AND HIS CABINET HOUSE OF REPRESENTATIVES SUPREME COURT CHAMBER SENATE CHAMBER STATE, ARMY, AND NAVY BUILDING THE WHITE HOUSE Opposite page 180 PUBLIC CONSISTORY IN THE VATICAN PITCH LAKE, ISLAND OF TRINIDAD NATURAL BRIDGE, CEDAR CANON, UTAH