The New Student's Reference Work/Ely, Richard Theodore
Ely, Richard Theodore, an American professor of political economy, was born in April, 1854, and studied at Columbia University and at Heidelberg. He was professor at Johns Hopkins from 1881, and at Wisconsin from 1892. Professor Ely believes in public ownership of such utilities as the telegraph and railway systems. While not a socialist, he is friendly to labor, and was even accused in 1894 of aiding a strike, but was acquitted. He is the author of several books, the latest and largest being his Distribution of Wealth. Others are French and German Socialism in Modern Times, Socialism and Social Reform and Social Aspects of Christianity.