J. RICHARDS PETRIE was born in Fredericton, N.B., in 1908. He obtained his B.A. and M.A. at the University of New Brunswick, and then was a research assistant at the University of Chicago, specializing in public finance. From 1932 to 1935, he was Deputy Assessor of Cook County, Illinois, in charge of corporation taxes. After a period of business experience he wrote a thesis on the Canadian Tax Systems, for which he received a Ph.D. from McGill University. In 1940 he was appointed Head of the Department of Economics and Political Science at the University of New Brunswick. During the war he spent two years with the Department of Munitions and Supply in Ottawa, and in 1943 became Assistant Director of the Canadian Mutual Aid Board. He was also Secretary of the N.B. Economic Development Board and the N.B. Committee on Resconstruction. In 1945 he became Vice-President of the Khaki University of Canada in the United Kingdom. Dr. Petrie is the author of 'The Regional Economy of New Brunswick,' and articles on a wide range of economy matters. As Chairman of a special Taxation Commissions appointed by the City of Fredericton, he devised a new tax system for that municipality. More recently Dr. Petrie has served as Director of Research of the Canadian Tax Foundation, Toronto. He is now Director of Economic Research with Jones Heward and Company, Montreal.