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Economic History Economists Gender Harvard

Radcliffe/Harvard. Ph.D. economic history alumna Esther Clark Wright, 1931

Today we meet the Canadian Radcliffe/Harvard Ph.D. in economic history (1931), Esther Clark Wright. A link to her list of publications will be found below. The main artifact for this post consists of transcriptions of documents in her graduate record in the Division of History, Government, and Economics.

_______________________

HARVARD UNIVERSITY
DIVISION OF HISTORY, GOVERNMENT, AND ECONOMICS

Application for Candidacy for the Degree of Ph.D.

[Note: Boldface used to indicate printed text of the application; italics used to indicate the handwritten entries]

I. Full Name, with date and place of birth.

Esther Clark Wright, May 4, 1895, Fredericton, N.B., Canada.

II. Academic Career: (Mention, with dates inclusive, colleges or other higher institutions of learning attended; and teaching positions held.)

1912-1916. Acadia University.
1918. Toronto University.
1920-21. Oxford University.
1926–. Radcliffe College.

Fredericton High School. 1920,1922-23. English and History.
Moulton Ladies College, 1923. History and Latin.
Harvard. Assistant in Business History, 1927.

III. Degrees already attained. (Mention institutions and dates.)

B.A. Acadia, 1916. Honors in Economics.

IV. General Preparation. (Indicate briefly the range and character of your under-graduate studies in History, Economics, Government, and in such other fields as Ancient and Modern Languages, Philosophy, etc. In case you are a candidate for the degree in History, state the number of years you have studied preparatory and college Latin.)

History, 1 yr.
Economics and Sociology 3 yrs.
Greek and Latin, 4 yrs. each.
French and German, 1½ yrs each.
Philosophy, 1 yr.
Logic and Ethics, 1 yr.
Psychology, 1 yr..

V. Department of Study. (Do you propose to offer yourself for the Ph.D., “History,” in “Economics,” or in “Political Science”?)

Economics.

VI. Choice of Subjects for the General Examination. (State briefly the nature of your preparation in each subject, as by Harvard courses, courses taken elsewhere, private reading, teaching the subject, etc., etc.)

  1. Economic Theory. S7a. Ec. 11. Courses at Toronto and Stanford (not registered).
  2. Labor Problems. Ec 34. Seminary at Toronto. Private reading..
  3. Socialism and Social Reconstruction. Ec. 7b. Private reading.
  4. Canadian History. Course at Toronto. Private reading. (Special Topic: The Settlement of New Brunswick). Teaching.
  5. [Sociology] Ec. 12. Course at Toronto. (Course credit).
  6. (Economic History since 1750) Ec 2. Ec 20. Course at Oxford. Assistant in Business History at Business School.

VII. Special Subject for the special examination.

Economic History since 1750.

VIII. Thesis Subject. (State the subject and mention the instructor who knows most about your work upon it.)

The Genesis of the Civil Engineer. A Study in the Economic History of Great Britain, 1760-1830. Professor Gay..

IX. Examinations. (Indicate any preferences as to the time of the general and special examinations.)

April 28 or 30, 1930. General.
Special, Tues May 19/31

X. Remarks

Professors Gay, Ripley, Mason, [Dr.] Furber, Chamberlin

Special Committee:  Professors Gay, Usher, and Dr. Monroe

Signature of a member of the Division certifying approval of the above outline of subjects.

[signed] H. H. Burbank

*   *   *   [Last page of application] *   *   *

[Not to be filled out by the applicant]

Name: Esther Clark Wright

Approved: December 10, 1929

Ability to use French certified by Professor A. E. Monroe, March 8, 1930.

Ability to use German certified by Professor A. E. Monroe, November 6, 1930.

Date of general examination April 30, 1930. Passed (Edwin F. Gay, Chairman)

Thesis received April 1, 1931

Read by Professors Gay and Usher

Approved June 1, 1931.

Date of special examination Monday, June 8, 1931. Passed. (Edwin F. Gay, Chairman)

Recommended for the Doctorate June 4, 1931

Degree conferred  June 17, 1931

Remarks.  [left blank]

*  *  *  *  *  *  *  *  *  *  *  *  *  *

General Examination,
date and examiners requested
[carbon copy]

April 21, 1930.

Dear Sir:

Will it be possible for you to serve as a member of the committee for the general examination in Economics of Mrs. Esther Wright on Wednesday, April 30, at four o’clock? Mrs. Wright’s fields for this examination are:

  1. Economic Theory and its History.
  2. Labor Problems.
  3. Socialism and Social Reconstruction.
  4. Canadian History.

Mrs. Wright’s special field is Economic History since 1750 and she is offering course credit in Sociology.

The committee consists of Professors Gay (chairman), Chamberlin, Mason, Ripley, and Dr. Furber.

Very truly yours,
[unsigned copy]
Secretary of the Division

*  *  *  *  *  *  *  *  *  *  *  *  *  *

Change of thesis title
[carbon copy]

June 6, 1931

My dear Mrs. Wright:

Professor Gay has asked me to tell you that he would like you to change the title of your thesis to

The Genesis of the Civil Engineer in Great Britain

As it is desirable to have this done before the examination, could you attend to it on Monday? The thesis is in my office.

Very sincerely yours,
[unsigned copy]
Secretary

*  *  *  *  *  *  *  *  *  *  *  *  *  *

Radcliffe College

College Record of Mrs. Esther Clark Wright.
SUBJECT GRADE
1926-27 Course

Half-Course

Economics 2

A minus

 

SUBJECT GRADE
1927-28 2hf. Course

Half-Course

Economics 20″
Prof. Gay

A minus

 

SUBJECT GRADE
1928-29 Course

Half-Course

Economics 20
Prof. Gay

A minus

Economics 34″ A
Economics 7b” A

 

SUBJECT GRADE
1929-30 Course

Half-Course

Economics 11

Economics 12

A.B. Acadia University 1916

Source: Harvard University Archives. Division of History, Government & Economics, Ph.D. Degrees Conferred 1930-31. (UA V 453.270), Box 11.

__________________________

Course Names and Instructors

1926-27

Economics 2. Economic History since the Industrial Revolution. Professor Gay.

1927-28

Economics 20. Economic Research. Professor Gay.

1928-29

Economics 20. Economic Research. Professor Gay.

Economics 34. Problems of Labor. Professor Ripley.

Economics 7b. Programs of Social Reconstruction. Asst. Professor E. S. Mason.

1929-30

Economics 11. Economic Theory. Professor Taussig.

Economics 12. Some Fundamental Problems in Economic and Social Theory. Professor Carver.

Source: Radcliffe College Catalogue [for] 1926-27, 1927-28, 1928-29, 1929-30.

_______________________

Some of her personal backstory

…After her undergraduate study at Acadia, she studied at the University of Toronto and then at Oxford. Her studies at Oxford were cut short after just one year by her younger brother’s illness, which ended his life in October 1921. It was on the journey back to Fredericton from Oxford that she met her future husband, Conrad Payling Wright.

The courtship between the two comprised largely of correspondence over the next two years and culminated in their marriage, in 1924, on the family farm outside of Fredericton. This was unusual at the time because her family held positions of esteem in the local congregation and thus they were expected to marry in a church. After marriage, Esther Clark Wright moved to California where her husband was studying at Stanford University. She soon discovered that she was unable to have children which, though devastating, enabled her to pursue her academic studies and research at liberty. She joined her husband at Stanford, and then following that she studied at Radcliffe (Harvard University), where she graduated with a PhD in economics in 1931.

Back in Fredericton, her father had risen through the political ranks, beginning as mayor of Fredericton and eventually becoming the Lieutenant-Governor of New Brunswick. He had also opened several car dealerships in anticipation of the coming demand for automobiles. Her family’s prosperity ensured that Wright never had to depend on any other income to maintain her material comfort and this enabled her to spend time pursuing her research. This also provided her with much more independence in marriage than her female contemporaries enjoyed. Her relationship with her husband was tumultuous with the two of them often maintaining separate residences throughout their sixty-five-year marriage….

Source: New Brunswick Literary Encyclopedia website article “Esther Isabelle (Clark) Wright”.

__________________________

Esther Isabelle Clark Wright’s publications, 1914-1988.

__________________________

Esther Isabelle Clark Wright
Timeline of her life and career

1895. Born May 4 in Fredericton, New Brunswick, Canada

1916. B.A. Acadia University (Wolville, Nova Scotia). Honors in Economics.

1924. July 31. Married Conrad Payling Wright.

1931. Ph.D. in economics from Harvard. Dissertation: “The Genesis of the Civil Engineer in Great Britain, 1760-1830.”

1943-47. Lectured in sociology at Acadia University.

1975. Honorary D. Litt. awarded by Acadia University

1981. Honorary Ll.D. awarded by Dalhousie University.

1984. Honorary D. Litt. awarded by the University of New Brunswick.

1990. Died June 17

1990. Posthumously awarded Order of Canada. “A prolific author and respected scholar, her excellent research has been used by many students, historians and genealogists studying Maritime history, particularly the Loyalist migration, or tracing family roots.”

Image Source: Esther Isabelle Clark from the Acadia University Class of 1916 photo.

Categories
Columbia Economic History History of Economics Philosophy Syllabus

Columbia. Excerpt from Contemporary Civilization Syllabus. Economic History, 1921

Columbia College’s freshman course on Contemporary Civilization, a.k.a. “CC”, has been a core element in the undergraduate experience for over a century. This is the first of two posts that provide portions of the third edition of the course syllabus from 1921 that should be of particular interest for economists. The parts of the syllabus that deal with Western economic history and the history of economics from 1400-1870 together with links to all the items referenced cab be found below.

I dare anyone to try just this subset of this 1921 syllabus for a two-semester course required for first year undergraduates. Maybe only try this from the relative safety of a tenured position. 

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Introductory Note

The Faculty of Columbia College determined at its meeting in January, 1919, to discontinue the required courses in History and Philosophy and, beginning in September, 1919, to substitute a course on Contemporary Civilization which should meet five times a week and be required of all Freshmen…

…The Syllabus has been prepared by certain of the instructors of the course who include members of the Departments of Economics, Government, History and Philosophy: Wallace E. Caldwell [History], Harry J. Carman [History], John J. Coss [Philosophy], Irwin Edman [Philosophy], Austin P. Evans [History], Horace Leland Friess [Philosophy], Elmer D. Graper [Politics], Adam Leroy Jones [Philosophy], Benjamin B. Kendrick [History], Sterling Power Lamprecht [Philosophy], Robert Devore Leigh [Politics], Frederick Cecil Mills [Economics], Parker T. Moon [History], Herbert W. Schneider [Philosophy], and William Ernest Weld [Economics].

____________________________

SECOND DIVISION
SURVEY OF THE CHARACTERISTICS
OF THE PRESENT AGE

BOOK III. HISTORICAL BACKGROUND OF CONTEMPORARY CIVILIZATION, 1400-1870

Introduction: The fundamental conceptions of the present age.

                  Man’s nature in its original character remains unchanged from the dawn of history, and nature in its basic resources has not altered greatly. But man’s store of knowledge has increased, and in the western world new conceptions have arisen so important as to be considered new tools which human beings use when they attempt to control their situation. These conceptions will be shown in their development in Book III. They are presented here for the sake of preliminary emphasis.

  1. The belief in the value of the scientific study of man and nature — the intellectual revolution.
    1. The early emphasis on knowledge as power — Francis Bacon and the Renaissance scientists.
    2. The exact study of specific activities shows the fashion in which men and things behave, and makes possible the limited control of natural forces and human nature.
      1. Newton and the 18th century conception of nature and natural law.
      2. Belief in human progress through a scientific study of man — psychologists, political philosophers, and economists of the 18th century.
    3. The expansion of the method of inquiry to the place of man in nature — development of biology in the 19th century and the theory of evolution.
    4. The application of scientific knowledge to industrial pursuits, and the present “age of applied science.”
  1. The new developments in agriculture, the factory system of production, and the era of world trade — the economic revolution.
    1. The discovery of the new world and of new routes to the East led to an expansion of commerce, transformed the methods of business, and created a demand for increased manufacture — the commercial revolution.
    2. These changes hastened the decline of the manorial system, the rise of private property in land, and the introduction of new agricultural methods — the agricultural revolution.
    3. The demand for increased manufacture was satisfied by the invention of machinery and the application of science to industry which gave rise to modern “mass production,” the method dominant in industry today, and responsible for many social changes apparent during the past century — the industrial revolution.
    4. These revolutions in commerce, agriculture, and industry tended to link the world together. Products are now manufactured for a world market, and western influence has been extended into every quarter.
  1. The participation of adult citizens in their own government — the political revolution.
    1. The belief in man’s ability (intellectual revolution) and the changes in his economic life (commercial, industrial, and agricultural revolutions) led to a widening of the group participating in government. The American, French, and 19th century revolutions.
    2. In industrialized lands political problems are now generally approached in term of popular determination through some form of democratic control. Development of political democracy during the 19th century.
    3. With the widening of the group participating in political decisions the sentiments of patriotism and of loyalty to the political group have been strengthened — Nationalism.
1. The intellectual outlook of the Renaissance— the birth of modern science, and the rise of national cultural traditions in Western Europe.
  1. Comparatively little progress in natural science had been made during mediaeval times.
    1. Examples of erroneous ideas: the Ptolemaic cosmology, the “four elements,” etc.
    2. Reasons for the backwardness of science.
      1. Lack of instruments.
      2. Reliance upon authority and upon deductive reasoning — scholasticism.
      3. Interest deflected from nature to the supernatural and other worldly.
  1. From the thirteenth century on increasing attention was paid to scientific observation and experimentation.
    1. Decline of scholasticism.
    2. Humanism and the revival of ancient learning.
    3. Fresh interest in nature appears.
    4. Travel and explorations on land and sea.
    5. Remarkable discoveries begin the development of the natural sciences.
      1. Astronomy: Copernicus, Kepler, Galileo, Newton.
      2. Physics: Galileo, Newton.
    6. Formulation of scientific method.
      1. Experiment and induction advocated by Francis Bacon.
      2. Mathematical analysis advocated by Rene Descartes.
  1. The Protestant revolt.
    *Hayes, Vol. I, 167-169; A. C. McGiffert, Protestant Thought before Kant, 9-20; Taylor [Vol. I; Vol. II].
    1. Protestantism, though not in sympathy with the new science nor inspired by a faith in man’s ability, weakened the authority of the mediaeval tradition over the mind.
    2. Protestantism and the religious controversies which it engendered gave rise to educational movements of an extensive character.
    3. Protestantism championed by many secular princes gave added prestige and power to these governments — “religion nationalized.”
  1. The rise of national culture traditions in western Europe.
    *Hayes, Vol. I, 185-196; Robinson, History of Western Europe, 329-347; F. S. Marvin, The Living Past, 140-193, Taylor [Vol. I; Vol. II].
    1. Decline of mediaeval Latin and the development of the vernaculars.
    2. Rise of national literatures — Dante, Cervantes, Molière, Luther, Shakespeare.
    3. Painting, sculpture, and architecture — DaVinci, Michelangelo, Raphael, Rubens, Velasquez, Rembrandt, Dürer, Wren.
    4. The cultural unity of Europe gives way to a group of competing nations, each with its own language, and in many cases with its own government.

2. The Commercial Revolution.

  1. Definition.
    1. It may be defined as that expansive movement by which commerce radiated from Europe as a center to all parts of the world.
    2. This process, which covers the period of geographical discovery and colonization, began in the middle of the 15th century and continued for about 300 years. It may be regarded as the first phase of the Europeanization of the world.
      *Map study — Appendix, II, 1 (page 120).
  1. Influence of Geography on Civilization — Appendix I.
    1. River valleys as highways of migration and commerce.
    2. Mountains, deserts and oceans as barriers.
    3. Social consequences.
  1. Development of mediaeval trade.
    *Hayes, Vol. I, 36-39, 43-49; *Cheyney, Industrial and Social History of England, 75-94.

    1. Rise of fairs, cross-road markets, towns at trade-junctions.
    2. Organizations of commerce largely on a municipal basis.
      1. The merchant guild.
      2. The staple town.
      3. Social consequences.
    3. Trade and trade-routes.
      1. Trade with the East.
        1. Influence of the Crusades in stimulating Eastern trade.
        2. Rôle of the Italian cities.
        3. Influence of geography in determining routes.
      2. Trade in Europe.
        1. Commodities.
        2. Advantageous situation of Italian, German, Dutch and Flemish cities.
  1. European exploration and commercial expansion.
    *Hayes, Vol. I, 49-69; Wallas, The Great Society, 3-19.

    1. Factors which combined to produce this exploration and expansion.
      1. Intellectual curiosity,
      2. Desire of nations on Atlantic seaboard to share in profitable trade with the East.
      3. Religious zeal.
      4. Improvements in the art of navigation.
    2. Consequences.
      1. Decline of Italian and German city-states; rise of national states of Western Europe; impetus to nationalism and dynastic aggrandizement.
      2. New commercial methods: chartered companies; mercantilism; banking and credit.
      3. Stimulation of economic life in general; hence, increased wealth,
      4. Growth of the trading class, the bourgeoisie.
      5. Enrichment and expansion of European culture; progress of science.
      6. Colonization.
      7. Slavery and the slave-trade.
      8. New commodities of commerce; growing interdependence of all parts of world.
      9. Changes in mental outlook, due to increased facilities for communication and broadening of interests.
  2. Remarkable growth of commerce during the 18th century.
    *Hayes, Vol. I, 399-403; Ogg, Economic Development of Modern Europe, 73-87.

    1. Continuation of effects of exploration and commercial expansion.
    2. The rising commercial and maritime power of England.
    3. Restrictions and handicaps.
      1. Mercantilism.
      2. Internal tariff and customs barriers.
      3. Wars.
      4. Lack of rapid and cheap transportation.
    4. [The movement to emancipate commerce.]
      1. The Physiocrats (see 5.C.b.i below).
      2. Adam Smith (see 5.C.b.ii below).

3. The Agricultural Revolution.

  1. Relation to the Industrial Revolution.
    1. The Agricultural Revolution occurred almost simultaneously with the Industrial Revolution; the former did for agriculture what the latter did for industry.
    2. The Agricultural Revolution had begun before the Industrial Revolution, and helped to render the latter possible by releasing labor from the land and by providing an increased supply of food and raw materials.
    3. The Industrial Revolution, in turn, promoted the Agricultural Revolution by providing capital and machinery for scientific farming.
  2. Definition.
    1. In general, by the Agricultural Revolution is meant the destruction of the manorial system of agriculture and the introduction of
      1. Modern ideas of absolute ownership of land: Freehold.
      2. Scientific methods of tillage and breeding.
      3. Specialized production for market rather than for local consumption.
    2. Aside from these general features, the Agricultural Revolution meant different things in different parts of Europe (see below).
    3. The Agricultural Revolution might be regarded as a long process, continuing from the 13th to the 19th centuries, and culminating in a series of rapid, revolutionary changes in the period 1760-1845.
  3. General aspects of mediaeval agriculture.
    *Hayes, Vol. I, 28-36, 395-399; *Ogg, Economic Development of Modern Europe, 18-44; Cheyney, 31-52, 136-147.

    1. Majority of the population rural.
    2. Organization of agriculture, chiefly manorial.
      1. Significant features of the manorial system (contrast with modern conditions).
        1. Social inequality: serfdom and aristocracy.
        2. Attachment of peasant to soil.
        3. Burdensome obligations of serf.
        4. Inefficiency and self-sufficiency.
    3. Methods.
      1. Persistence of wasteful primitive methods:
        1. The three-field system.
        2. Crudity of implements.
        3. Unscientific cattle-raising.
        4. Connection between primitive methods and manorial organization.
    4. Social consequences of agricultural conditions.
      1. Economic necessity of large rural population.
      2. Relatively low standards of comfort.
      3. Intellectual isolation and conservatism of economically self-sufficient rural Communities.
      4. Lack of effective impetus to invention, enterprise, and improvement.
      5. Discontent of peasantry.
  4. The agricultural transformation.
    *Ogg, Economic Development of Modern Europe, 37-44, 117-132, 187-188.

    1. The abolition of serfdom.
      1. In England it had gradually disappeared by 1700.
      2. In France during French Revolution (see p. 33 ff. of syllabus).
      3. In other countries subsequently: Prussia, 1807; Austria, 1848; Russia, 1861, etc.
      4. Manorial system and serfdom never widely or firmly established in the United States.
        Becker, The United States, an Experiment in Democracy, 145-185.

        1. Prevalence of freehold tenures.
        2. Abundance of unoccupied land.
        3. Influence of these economic conditions in promoting spirit of democracy.
    2. Breakdown and partial disappearance of the manorial system.
      1. In England.
        1. Decline of serfdom: contractual labor.
        2. Rapid progress of enclosure.
          1. Increased profitableness of arable farming, due to
            1. Rise of industrialism.
            2. Growth of population.
            3. Enlarged demands for foodstuffs.
            4. Improved transportation.
          2. Ease of obtaining special legislation necessary for enclosures. Parliament dominated by landlords.
          3. Advocacy of enclosures by economists, notably Adam Smith.
          4. Methods by which enclosures were effected.
          5. Approximate area enclosed.
          6. Social consequences.
            1. Decline of the class of small holders, and concentration of landownership in hands of a relatively small class.
            2. Widespread public discontent.
            3. Shift in population from country to town and city. (cf. §4. Industrial Revolution below, p. 28 of syllabus.)
            4. Possibility of introducing new agricultural methods on large scale.
      2. On continent breaking up great estates and increase of small holdings.
        1. Peasant-proprietorship.
        2. Metayage as in France.
        3. Exceptions in East Prussia, Sweden and some other countries.
    3. Improvement of agricultural technique.
      1. Stimulated by
        1. Steady increase in prices of agricultural produce, due to economic and to artificial causes (Corn Laws).
        2. Industrial Revolution.
        3. Napoleonic Wars.
        4. Work of scientific men, inventors, agricultural societies, and “gentlemen farmers.”
      2. Scientific rotation of crops.
      3. Great advance in art of stock-breeding.
      4. Introduction and improvement of agricultural machinery.
      5. Improved methods of fertilization.
      6. Drainage.
    4. Application of capital to agricultural enterprise for
      1. Improvement of soil: fertilization and tillage.
      2. Experimentation with new crops and with fancy stock.
      3. Purchase of machinery.
      4. Development of cooperation and agricultural credit institutions.

4. The Industrial Revolution.

Probably no other event has so profoundly affected the ordinary every-day life of the average man, and, at the same time, exercised so vital an influence in politics and even in the domain of education and culture, as the Industrial Revolution. It is one of the main foundations of Contemporary Civilization. When it occurred, how and why it came about, and how it has affected and is affecting civilization, are questions of first-rate importance for him who would understand present-day civilization.

  1. Definition.
    1. As an historical event: the rapid introduction and development of machine-processes, capitalistic organization, and the factory system into certain English industries, notably the textile and metal industries and transportation, in the period, approximately, between 1770 and 1815 or 1830.
    2. As a continuing process:
      1. Continuing substitution of manufacture by complicated machine processes for manufacture by hand and with simple tools.
      2. Ever-expanding utilization of artificial power: water, steam, gas, oil, electricity.
      3. Ever-expanding application of mass-production, standardization, and subdivision of labor.
      4. Continuous growth of factory system and of capitalistic organization.
      5. Introduction and development of these features of modern industry in other countries besides England: United States since about 1800, in Western Europe since about 1815, in Eastern Europe since about 1850, in Japan since about 1870. The Industrial Revolution still in its infancy in China, India, etc.
  1. Industry prior to 1770.
    *Hayes, Vol. I, 40-42; *Ogg, Economic Development of Modern Europe, 45-64
    1. General aspects of medieval industry.
      1. Its relatively small place in economic life.
      2. Lack of machinery and of applied science.
      3. The handicraft system and the craft guilds.
      4. Inter-relation of agriculture and manufacturing.
    2. Gradual decline of the craft guilds; reasons for decline.
    3. Rise of the “domestic system.”
      1. Definition of domestic system.
      2. Conditions favorable to its growth: increase of capital, expansion of markets and of commerce, development of industrial technique, growth of population.
    4. General growth of industry in eighteenth century.
    5. Social consequences.
      1. Rise of industrial classes.
      2. Tendency toward substitution of modern wage-system for medieval guild-system.
      3. Rise of competition and economic individualism (see below, p. 31).
  1. Conditions favorable to the Industrial Revolution in England. Map Study — Appendix II, 2. (p. 123).
    *Hayes, Vol. I, 67-69; Ogg, Economic Development of Modern Europe, 133-135.
    1. Prosperous and progressive condition of English industry and commerce in the 18th century.
      1. England the “nation of shopkeepers.”
      2. Thriving commerce; colonial markets; necessity of expanding markets as
        encouragement to expanding industry.
      3. England less embarrassed by wars than Continental nations.
      4. English industries relatively free from regulation.
      5. Abundance of capital; capitalistic system and factories beginning to develop even before the epoch of great inventions.
    2. Possession of basic raw materials: iron, coal, wool; possession of water-power; ease of importing cotton.
    3. Climatic conditions favorable to textile manufacture.
    4. Agricultural progress, releasing cheap labor for industry, and making it more nearly possible to feed a large industrial population. See above §3.D. (p. 27 of syllabus).
  1. The great mechanical inventions.
    *Hayes, Vol. II, 69-75; Ogg, Economic Development of Modern Europe, 135-145; Cheyney, 199-212.
    1. Conditions necessary for successful mechanical inventions.
      1. Economic demand.
      2. Sufficiently advanced state of skill in handicrafts to make construction of machines possible.
      3. Application of scientific knowledge.
    2. Inventions in the textile industry.
      1. Hargreaves and the Jenny.
      2. Arkwright’s water-frame.
      3. Crompton’s mule.
      4. Cartwright’s loom.
      5. Whitney’s cotton gin.
    3. The steam-engine and its applications.
      1. Fore-runners of James Watt.
      2. Watt’s achievements.
      3. Application to spinning-mule and to loom.
      4. Use in mining and metallurgy.
      5. The steamboat.
      6. The locomotive.
      7. The steam printing-press.
    4. Other industries rapidly revolutionized by inventions and by application of steam-power.
  1. Capitalism and the factory system.
    *Hayes, Vol. II, 77-80; *Ogg, Economic Development of Modern Europe, 145-147.
    1. Effect of the inventions in promoting the factory system and capitalistic control of industry.
      1. Expense of machines.
      2. Necessity of large factories.
      3. Necessity of large-scale buying and selling.
      4. Subdivision of labor.
      5. Utilization of cheap and unskilled labor.
    2. Sir Richard Arkwright as an early type of the factory-owner
    3. Rapid growth of the factory system.
  1. Significant consequences of the Industrial Revolution.
    *Hayes, Vol. II, 75-77. 80-97; Ogg, Economic Development of Modern Europe, 147-152.
    1. Expansion of commerce and industry, hence, increase of wealth and gradual
      rise of standard of living.
    2. Rapid growth and urban concentration of population.
    3. Rise of acute social problems.
      1. Child labor.
      2. Employment of women.
      3. Prevalence of poverty, vice, and disease among factory and mine workers.
      4. Industrial over-production, crises, and unemployment.
      5. Labor agitation; destruction of machines by workingmen; trade-unionism; discontent of “proletariat.”
      6. Growth of slums in cities.
    4. Temporary triumph of “economic individualism” or laissez-faire.
      1. The philosophy of economic individualism.
      2. Gradual emancipation of industry and commerce from governmental restrictions and oppressive tariffs.
      3. Unwillingness of factory-owners in first half of 19th century to permit trade-unionism or to sanction labor-legislation.
      4. Early protests against economic individualism: Robert Owen, Saint-Simon, Fourier, Louis Blanc.
    5. Enrichment and strengthening of bourgeoisie.
      1. Increased numerical and economic power of bourgeoisie.
      2. Demand of bourgeoisie for a voice in the government; hence, tendency of Industrial Revolution universally to stimulate demand for representative government.
      3. Tendency of bourgeoisie to use political power for their own economic interests; illustrations from English and French history, 1830-1848.
    6. Progress of science and education.
      1. Larger leisure class.
      2. Cheap printing: newspapers and books no longer the rich man’s luxury.
      3. Prestige of science, enhanced by economic utility of applied science.
      4. Improved means of communication.
      5. Influence of urbanization.
    7. Greater mobility of civilization; society no longer as static and unchanging as before the Industrial Revolution; spirit of innovation and invention.

5. The development of thought in the 18th century—humanitarianism, rationalism, and romanticism.
*Hayes, Vol. I, 414-426; Robinson and Beard, The Development of Modern Europe, Vol. I, 157-182; Thilly, History of Philosophy, 307-391; A. C. McGiffert, Protestant Thought before Kant, Chap. X; J. B. Bury, History of Freedom of Thought, Home University Library, Chap. VI.

  1. Continuing development of the natural sciences. Sedgwick and Tyler, 304-323.
    1. Experimentation in electricity, chemistry, biology, medicine, and geography.
    2. Popularity of science in the 18th century; patronage by governments, formation of scientific societies, the Encyclopedia.
  1. The conception of nature and of natural law.
    J. Dewey, Reconstruction in Philosophy, 53-76.
    1. Tendency to conceive the world of nature as a mechanism — Newton.
    2. This conception applied to theology by the deists — critique of the miraculous as a violation of the laws of nature.
    3. The emergence of atheism — serious concern with the problem of evil. Voltaire, Candide.
  1. Man conceived as natural, as acting in accordance with natural laws, and as having natural rights.
    1. Application of the mechanistic hypothesis to the psychology of the human mind — Helvetius and Bentham.
    2. Attempt to discover natural laws in economics — rise of the science of political economy.
      H. J. Laski, Political Thought from Locke to Bentham, 290-302; Gide & Rist, History of Economic Doctrines, 1-118; W. A. Dunning, A History of Political Theories from Rousseau to Spencer, 57-65.

      1. Ideas of the physiocrats — Quesnay and Turgot.
        1. The natural order providentially ordained for our happiness by God has three foundations: private property, security, and liberty.
        2. Free trade and free circulation of grain.
        3. Legislation to be reduced to a minimum — laissez faire.
        4. State to be a passive policeman; defend private property, promote education and public works.
      2. Adam Smith developed similar ideas and applied them more broadly to industry and commerce — criticism of the mercantile system. “The Wealth of Nations,” 1776.
    3. Attempt to discover natural laws in politics.
      Laski, 38-55; W. A. Dunning, Political Theories from Luther to Montesquieu, 335—435; [W. A. Dunning,] Political Theories from Rousseau to Spencer, 1-129; Merriam, American Political Theories, 38-176; Montesquieu, Spirit of the Laws [Volume I; Volume II]; Rousseau, Social Contract.

      1. Locke’s political philosophy: the state of nature, the laws of nature, the social contract, the right of revolution.
        S. P. Lamprecht, The Moral and Political Philosophy of John Locke.
      2. Development of Lockian political philosophy in France: Voltaire, Montesquieu, and Rousseau.
      3. Development of Lockian political philosophy in America: Paine, Franklin, Jefferson.
      4. New analyses of government based on historical studies and travels.
        1. Montesquieu, and the separation of governmental powers.
        2. John Adams and James Madison — the faith in a “natural aristocracy.”
    4. The conception of natural rights criticized — Jeremy Bentham.
      W. L. Davidson, Political Thought in England from Bentham to J. S. Mill, 46-113.

      1. Social utility, not nature, the test of human institutions.
      2. This utilitarian theory made the basis of a sweeping criticism of the old ‘ regime,
      3. Far-reaching constructive ideas of Bentham on legislation, administration, jurisprudence, penology, education.
      4. Many of these ideas fruitful in the 19th century.
  1. Violent criticism of established institutions as disutile, unnatural, and unreasonable.
    1. Criticism of ecclesiastic institutions, “divine right” monarchy, the economic and social systems.
    2. Toleration, and respect for the natural man demanded — humanitarianism.
    3. Confidence in the powers of human reason — rationalism.
    4. Trust in the emotions as naturally good — romanticism.
    5. Belief in progress and the perfectibility of man through education — Helvetius, Rousseau, Condorcet.

Source: Columbia University. Introduction to Contemporary Civilization — A Syllabus, (Third edition, 1921), pp. 23-32.

 

Categories
Economic History Exam Questions Harvard

Harvard. Final exams for Modern Economic History of Europe. Gay, 1907-1908

 

Today’s artifact is a reminder of the importance of economic history in the economics curriculum throughout most of the twentieth century (and of course earlier). While it is by no means obvious that knowledge of the sort of stuff taught by Edwin F. Gay over one hundred years ago will help working economists develop and use the tools of modern economic analysis in their present day research, it should be rather obvious that the record of human experience is loaded with variation begging for understanding and explanation. It seems like an awful lot of evidence to ignore. So let us see what Edwin Gay’s students were expected to have learned about European economic history.

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Earlier, related posts

A brief course description for Economics 11 plus the exams from 1902-03.

Exams for 1903-04.

Exams for 1904-05.

Exams for 1905-06.

Exams for 1906-07.

A short bibliography for “serious students” of economic history assembled by Gay and published in 1910 has also been posted.

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Course Enrollment
1907-08

Economics 11. Professor Gay. — Modern Economic History of Europe.

Total 5: 3 Graduates, 1 Seniors, 1 Juniors.

Source: Harvard University. Report of the President of Harvard College, 1907-1908, p. 67.

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ECONOMICS 11
Mid-year Examination, 1907-08

  1. Explain briefly:—
    1. the open field system.
    2. the manorial system.
    3. the town economy.
    4. Erbuntertänigkeit.
    5. lettre de maîtrise.
    6. the Steelyard.
  2. Serfdom.
    1. When and why did it disappear in England?
    2. When on the Continent?
    3. Can you account for the differences between England and the Continent in the manner and time of disappearance?
  3. The craft gild.
    1. What in general was its object and policy?
    2. What changes took place in its internal organization?
    3. What, during the sixteenth century, was the attitude toward it of the national government in England and France?
  4. The woollen industry in England to the end of the sixteenth century.

Source: Harvard University Archives. Harvard University. Mid-year Examinations, 1852-1943. Box 8, Bound Volume: Examination Papers, Mid-Year 1907-08.

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ECONOMICS 11
Year-end Examination, 1907-08

  1. Criticise the following statement:—

“The two ways by which a villein or slave could always get free in England were, first, by owning land; and secondly, by joining the guild of a trade, in a town, and working at it for a year and a day. In a sense, therefore, labor is the source of freedom in England; for many millions more Englishmen got free through this door than by any other way.”

  1. (a) Who were the Fuggers? What type of company organization do they represent?
    (b) Compare the form of company organization in the following: Merchant Adventurers, the Commenda, English Levant Company, English and Dutch East India Companies prior to 1660.
  2. Describe the chief changes in taxation in England during the seventeenth century.
  3. (a) Define the domestic and factory systems.
    (b) Give in detail examples of three different forms of the domestic system.
  4. Summarize the history and results of wage regulation by public authority in England.

Source: Harvard University Archives. Harvard University, Examination Papers, 1873-1915. Box 8, Bound vol. Examination Papers 1908-09 (HUC 7000.25), p. 35.

Image Source: Portrait of Jakob Fugger (1459-1525) by Albrecht Dürer, Public domain, via Wikimedia Commons.

Categories
Economic History Exam Questions Harvard Suggested Reading Syllabus

Harvard. American Economic and Financial History. Gay, 1907-08.

The materials for this post come from the second time Edwin Francis Gay solo-taught the course on U.S. economic and financial history at Harvard. Other than having its bibliographic furniture rearranged, the course content is virtually identical to that of the 1906-07 version of the course.

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Previously…

Assistant Professor Oliver Mitchell Wentworth Sprague taught the Harvard course “Economic History of the United States”/ “Economic and Financial History of the United States” in 1901-02 (with James Horace Patten), 1902-03, 1903-04, and 1904-05. The course was taken over in 1905-06 by Frank William Taussig and Edwin Francis Gay after Sprague left for a full professorship at the Imperial University of Japan. The Taussig/Gay reading list and final exam for 1905-06. Gay taught this course alone in 1906-07.

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Course Enrollment
1907-08

Economics 6b 2hf. Professor Gay. — Economic and Financial History of the United States.

Total 143: 14 Graduates, 24 Seniors, 59 Juniors, 33 Sophomores, 1 Freshman, 12 Others.

Source: Harvard University. Report of the President of Harvard College, 1907-1908, p. 67.

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[Except for a minor rearrangement in the sequence of topics, the course reading list for 1907-08 is, with only one exception, identical to that for 1906-07.]

Course Reading List
Economic and Financial History
of the United States

ECONOMICS 6b (1908)

Required Reading is indicated by an asterisk (*)

1. Colonial Period.

*Ashley, Commercial Legislation of England and the American Colonies, Q.J.E., Vol. XIV, pp. 1-29; printed also in Ashley’s Surveys, pp. 309-335.

*Semple, American History and its Geographic Conditions, pp. 36-51.

McMaster, History of the People of the United States, Vol. I, pp. 1-102.

Eggleston, Transit of Civilization, pp. 273-307.

Beer, Commercial Policy of England, pp. 5-158.

Rabbeno, American Commercial Policy, pp. 3-91.

Lord, Industrial Experiments in the British Colonies of North America, pp. 56-86, 124-139.

1776-1860.
2. Commerce, Manufactures, and Tariff.

*Taussig, Tariff History of the United States, pp. 68-154.

*Hamilton, Report on Manufactures, in Taussig’s State Papers and Speeches on the Tariff, pp. 1-79, 103-107, (79-103).

Bolles, Industrial History of the United States, Book II, pp. 403-426.

Bishop, History of American Manufactures, Vol. II, pp. 256-505.

Pitkin, Statistical View of the Commerce of the United States (ed. 1835), pp. 368-412.

Gallatin, Free Trade Memorial, in Taussig’s State Papers, pp. 108-213.

Rabbeno, American Commercial Policy, pp. 146-183.

Hill, First Stages of the Tariff Policy of the United States, Amer. Econ. Assoc. Pub., Vol. VIII, pp. 107-132.

3. Internal Improvements.

*Callender, Early Transportation and Banking Enterprises, Q.J.E., Vol. XVII, pp. 111-162; printed also separately, pp. 3-54.

Tenth United States Census (1880), Vol. IV, Thos. C. Purdy’s Reports on History of Steam Navigation in the United States, pp. 1-62, and History of Operating Canals in the United States, pp. 1-32.

Chevalier, Society, Manners and Polities in the United States, pp. 80-87, 209-276.

Ringwalt, Development of Transportation Systems in the United States, pp. 41-54, 64-166.

Gallatin, Plan of Internal Improvements, Amer. State Papers, Misc., Vol. I, pp. 724-921 (see especially maps, pp. 744, 762, 764, 820, 830).

Pitkin, Statistical View (1835), pp. 531-581.

Chittenden, Steamboat Navigation on the Missouri River, Vol. II, pp. 417-424.

4. Agriculture and Land Policy. – Westward Movement.

*Hart, Practical Essays on American Government, pp. 233-257 printed also in Q.J.E., Vol. I, pp. 169-183, 251-254.

*Hammond, Cotton Industry, pp. 67-119.

*Semple, American History and its Geographic Conditions, pp. 52-74.

Turner, Significance of the Frontier in American History, in Report of Amer. Hist. Assoc., 1893, pp. 199-227.

Donaldson, Public Domain, pp. 1-29, 196-239, 332-356.

Hibbard, History of Agriculture in Dane County, Wisconsin, pp. 86-90, 105-133.
[Replaces “Sato, History of the Land Question in the United States, Johns Hopkins University Studies, IV. Nos. 7-9, pp. 127-181” from the 1906-07 reading list.]

Sanborn, Congressional Grants of Land in Aid of Railways, Bulletin of Univ. of Wisconsin Econ., Pol. Sci. and Hist. Series, Vol. II, No. 3, pp. 269-354.

Hart, History as Told by Contemporaries, Vol. III, pp. 459-478.

5. The South and Slavery.

*Cairnes, The Slave Power (2d ed.), pp. 32-103, 140-178.

Hammond, Cotton Industry, pp. 34-66.

Russell, North America, its Agriculture and Climate, pp. 133-167.

De Tocqueville, Democracy in America (ed. 1838), pp. 336-361, or eds. 1841 and 1848, Vol. I, pp. 386-412.

Helper, Compendium of the Impending Crisis of the South, pp. 7-61.

6. Finance, Banking and Currency.

*Dewey, Financial History of the United States, pp. 34-59, 76-117, 224-246, 252-262.

*Catterall, The Second Bank of the United States, pp. 1-24, 68-119, 376 map, 402-403, 464-477.

Bullock, Essays on the Monetary History of the United States, pp. 60-93.

Hamilton, Reports on Public Credit, Amer. State Papers, Finance, Vol. I, pp. 15-37, 64-76.

Kinley, History of the Independent Treasury, pp. 16-39.

Sumner, Andrew Jackson (ed. 1886), pp. 224-249, 257-276, 291-342.

Ross, Sinking Funds, pp. 21-85.

Scott, Repudiation of State Debts, pp. 33-196.

Bourne, History of the Surplus Revenue of 1837, pp. 1-43, 125-135.

Conant, History of Modern Banks of Issue, pp. 310-347.

1860-1900.
7. Finance, Banking and Currency.

*Mitchell, History of the Greenbacks, pp. 3-43, 403-420.

*Noyes, Thirty Years of American Finance, pp. 1-72, 234-254, (73-233).

Taussig, Silver Situation in the United States, pp. 1-157.

Dunbar, National Banking System, Q.J.E., Vol. XII, pp. 1-26; printed also in Dunbar’s Economic Essays, pp. 227-247.

Howe, Taxation and Taxes in the United States under the Internal Revenue System, pp. 136-262.

Tenth United States Census (1880), Vol. VII; Bayley, History of the National Loans, pp. 369-392, 444-486.

8. Transportation.

*Hadley, Railroad Transportation, pp. 1-23, 125-145.

*Johnson, American Railway Transportation, pp. 24-68, 307-321, 367-385.

Industrial Commission, Vol. XIX, pp. 466-481.

Adams, Chapters of Erie, pp. 1-99, 333-429.

Davis, The Union Pacific Railway, Annals of the Amer. Acad., Vol. VIII, pp. 259-303.

Villard, Memoirs, Vol. II, pp. 284-312.

Dixon, Interstate Commerce Act as Amended, Q.J.E., Vol. XXI, pp. 22-51.

9. Agriculture and Opening of the West.

*Industrial Commission, Vol. XIX, pp. 43-123, 134-167.

*Noyes, Recent Economic History of the United States, Q.J.E., Vol. XIX, pp. 167-187.

Twelfth United States Census (1900), Vol. V, pp. xvi-xlii.

Hammond, Cotton Industry, pp. 120-226.

Quaintance, Influence of Farm Machinery, pp. 1-103.

Adams, The Granger Movement, North American Review, Vol. CXX, pp. 394-424.

Bemis, Discontent of the Farmer, J. Pol. Ec., Vol. I, pp. 193-213.

10. Industrial Expansion.

*Twelfth United States Census (1900), Vol. VII, pp. clxx-clxxviii.

*Noyes, Thirty Years of American Finance, pp. 113-126.

Industrial Commission, Vol. XIX, pp. 485-519, 544-569.

Twelfth Census, Vol. IX, pp. 1-16; Vol. X, pp. 725-748.

Wells, Recent Economic Changes, pp. 70-113.

11. The Tariff.

*Taussig, Tariff History, pp. 155-229.

Stanwood, American Tariff Controversies, Vol. II, pp. 243-394.

Taussig, Iron Industry, Q.J.E., Vol. XIV, pp. 143-170, 475-508.

Taussig, Wool and Woolens, Q.J.E., Vol. VIII, pp. 1-39.

Wright, Wool-growing and the Tariff since 1890, Q.J.E., Vol. XIX, p. 610-647.

Robinson, History of Two Reciprocity Treaties, pp. 9-17, 40-77, 141-156.

Laughlin and Willis, Reciprocity, pp. 311-487.

12. Commerce and Shipping.

*Meeker, History of Shipping Subsidies, pp. 150-171.
[This reading has been switched to required status in 1907-08.]

Meeker, Shipping Subsidies, Pol. Sci. Quart., Vol. XX, pp. 594-611.

Soley, Maritime Industries of the United States, in Shaler’s United States, Vol. I, pp. 518-618.

McVey, Shipping Subsidies, J. Pol. Ec., Vol. IX, pp. 24-46.

Wells, Our Merchant Marine, pp. 1-94.

13. Industrial Concentration.

*Willoughby, Integration of Industry in the United States, Q.J.E., Vol. XVI, pp. 94-115.

*Noyes, Recent Economic History of the United States, Q.J.E., Vol. XIX, pp. 188-209.

Twelfth Census, Vol. VII, pp. cxc-ccxiv.

Industrial Commission, Vol. XIII, pp. v-xviii.

Bullock, Trust Literature, Q.J.E., Vol. XV, pp. 167-217.

14. The Labor Problem.

*United States Bureau of Labor Bulletins, No. 18 (Sept., 1898), pp. 665-670; No. 30 (Sept., 1900), pp. 913-915; No. 53 (July, 1904), pp. 703-728.

Adams and Sumner, Labor Problems, pp. 3-16, 502-547.

Levasseur, American Workman, pp. 436-509.

Mitchell, Organized Labor, pp. 391-411.

Twelfth Census, Special Report on Employees and Wages, p. xcix.

National Civic Federation, Industrial Conciliation, pp. 40-48, 141-154, 238-243, 254-266.

15. Population, Immigration and the Race Question.

* United States Census Bulletin, No. 4 (1903), pp. 5-38.

*Industrial Commission, Vol. XV, pp. xix-lxiv.

Adams and Sumner, Labor Problems, pp. 68-112.

Mayo-Smith, Emigration and Immigration, pp. 33-78.

Walker, Discussions in Economies and Statistics, Vol. II, pp. 417-451.

Hoffmann, Race Traits and Tendencies of the American Negro, pp. 250-309.

Tillinghast, The Negro in Africa and America, pp. 102-228.

Twelfth Census Bulletin, No. 8.

United States Bureau of Labor Bulletins, Nos. 14, 22, 32, 35, 37, 38, 48.

Washington, Future of the American Negro, pp. 3-244.

Stone, A Plantation Experiment, Q.J.E., Vol. XIX, pp. 270-287.

Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003. Box 1, Folder “Economics, 1907-1908”.

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ECONOMICS 6b
Year-end Examination, 1907-08

  1. Briefly:—
    1. The Bland-Allison and Sherman Acts.
    2. The National Banking Act.
    3. The Homestead Law.
    4. Reciprocity since 1890.
  2. Compare the condition of manufactures in the United States in 1791 (Hamilton’s report) with that in 1900.
  3. Why has the cotton industry developed more satisfactorily than the woolen industry?
  4. Compare in its chief features the state of Southern agriculture before and after the Civil War.
  5. [Farm indebtedness and tenancy]
    1. Farm indebtedness in the United States 1885-1900; its relation to agricultural prices and the demand for monetary reform.
    2. Farm tenancy in the United States.
  6. Is railroad “pooling” permitted in the United States? Should it be permitted? What do you think of Anti-Trust Legislation?

Source: Harvard University Archives. Harvard University, Examination Papers, 1873-1915. Box 8, Bound vol. Examination Papers 1908-09; Papers Set for Final Examinations in History, Government, Economics,…,Music in Harvard College (June, 1908), pp. 31-32.

Image Source: Website of the Office of the Comptroller of the Currency. Webpage: History. Lincoln and the Founding of the National Banking System.

“Lincoln and Chase working on the national banking legislation. N.C. Wyeth painted this mural in the lobby of what was then the Federal Reserve Bank of Boston. The former bank building is today the Langham Hotel.”

Categories
Economic History Exam Questions Harvard

Harvard. Exam for 19th century European Industry and Commerce. Gay, 1907-1908

Edwin F. Gay was promoted to the rank of professor in 1906 and served as the acting chairman of the Harvard economics department during Thomas Nixon Carver’s leave of absence. He then became the chair of the department in 1907. In the following year he was appointed the first dean of the newly established Graduate School of Business Administration which is likely the reason that European economic history was reduced to a single semester course.

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Earlier, related posts

A brief course description for Economics 11 plus the exams from 1902-03.

Exams for 1903-04.

Exams for 1904-05.

Exams for 1905-06.

Exams for 1906-07.

A short bibliography for “serious students” of economic history assembled by Gay and published in 1910 has also been posted.

__________________________

Course Enrollment
1907-08

Economics 6a 1hf. Professor Gay. — European Industry and Commerce in the Nineteenth Century.

Total 90: 16 Graduates, 22 Seniors, 34 Juniors, 14 Sophomores, 4 Others.

Source: Harvard University. Report of the President of Harvard College, 1907-1908, p. 66.

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ECONOMICS 6a
Mid-year Examination, 1907-08

  1. What was the “Movement of Liberation” in the economic history of the nineteenth century? Do you consider this movement completed?
  2. Gladstone wrote in 1846: “Mr. Cobden has throughout argued the corn question on the principle of holding up the landlords of England to the people as plunderers and knaves for maintaining the corn law to save their rents, and as fools because it was not necessary for that purpose.”
    1. Do you regard this as a fair characterization of Cobden’s Anti-Corn Law agitation? Give reasons for your opinion.
    2. What converted Peel to Free Trade?
  3. [Tariffs]
    1. What was the Cobden treaty and in what lay its chief importance?
    2. Describe the protectionist reaction in France and state its causes.
  4. [France and Germany]
    1. Compare the railway policy of France with that of Germany, giving briefly history and results.
    2. Make a similar comparison of the policies of France and Germany in regard to shipping subsidies.
    3. May any conclusions of value for other countries be drawn from the experience of France and Germany? State the grounds for your view.
  5. Comment on the following (from a speech by Mr. Chamberlain, 1903): “In thirty years the total imports of manufactures which could just as well be made in this country have increased £86,000,000, and the total exports have decreased £6,000,000. £92,000,000 of trade that we might have done here has gone to the foreigner, and what has been the result for our own people? The Board of Trade tells you that you may take one-half of the export as representing wages. We therefore have lost £46,000,000 a year in wages during the thirty years. That would give employment to nearly 600,000 men at 30s. per week of continuous employment. That would give a fair subsistence for these men and their families, amounting to 3,000,000 persons.”
  6. What has been the attitude of European governments toward the so-called Trust Problem?

Source: Harvard University Archives. Harvard University. Mid-year Examinations, 1852-1943. Box 8, Bound Volume: Examination Papers, Mid-Years 1907-08.

Image Source: “The Corn Laws Part 2–Real”at the website “British Food: A History”.

Categories
Economic History Economists Germany

Leipzig, Germany. Professor Karl Bücher, 1847-1930.

We encountered the name of the German economist and professor at the University of Leipzig, Karl Bücher (1847-1930) as the author of a German language quote for Harvard students to translate as part of their 1907 examination on German and French economists of the 19th century taught by Professor Edwin F. Gay. 

Bücher’s life and professional career were the subject of a long post [in German] for the 2012 exhibition dedicated to his Leipzig years by the University Library of Leipzig.

In this post Economics in the Rear-view Mirror offers visitors a few artefacts for Bücher from the turn of the 20th century.  

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From the translator’s Prefatory Note to the 3rd edition of Bücher’s Die Entstehung der Volkswirtchaft:

            The writings of Professor Bücher, in their German dress, require no introduction to economists. His admirable work The Population of Frankfurt in the Fourteenth and Fifteenth Centuries, published in 1886, gave him immediate celebrity with economic historians, and left him without a rival in the field of historical statistics. In his treatment of economic theory he stands midway between the “younger historical school” of economists and the psychological Austrians.1 A full list of his writings need not be given.2 But I may recall his amplified German edition of Laveleye’s Primitive Property, his little volume The Insurrections of the Slave Labourers, 143-129 B.C., his original and suggestive Labour and Rhythm, discussing the relation between the physiology and the psychology of labour, his investigations into trusts, and his co-editorship of Wagner’s Handbook of Political Economy (the section Industry being in his charge) as indicating the general direction and scope of his researches. The present stimulating volume, which in the original bears the title Die Entstehung der Volkswirtschaft (The Rise of National Economy), gives the author’s conclusions on general industrial development. Somewhat similar ground has been worked over, among recent economic publications, alone by Professor Schmoller’s comprehensive Grundriß der allgemeinen Volkswirtschaftslehre, Pt. I. But the method of treatment and the results of the present work allow it to maintain its unique position.

            1A few facts and dates regarding Professor Bücher’s career may not be uninteresting. Professor Bücher was born in Prussian Rhineland in 1847. He completed his undergraduate studies at Bonn and Göttingen (1866-69). His rapid rise in the German scholastic world is evident from his academic appointments: special lecturer at Göttingen (1869-72), lecturer at Dortmund (1872–73), at Frankfurt Technical School (1873–78), and at Munich (1881); Professor of Statistics at Dorpat, Russia (1882) [now: Tartu, Estonia], of Political Economy and Finance at Basel (1883-90), at Karlsruhe (1890–93), and at Leipsic (1893 to present). From 1878 to the close of 1880 he was Industrial and Social Editor of the Frankfurter Zeitung.

            2This may be found in the Handwörterbuch d. Staatswiss. [Vol. II, 2nd edition. Jena, 1898. See below.]

Source: Karl Bücher, Industrial Evolution, third German edition (German title: Die Entstehung der Volkswirtschaft, Vorträge und Versuche. English translation by S. Morley Wickett, Lecturer on Political Economy and Statistics, University of Toronto. New York: Henry Hold and Company, 1907, pp. iii-iv.

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Bücher, Karl
Life and writinges 1847-98

geb. am 16.II.1847 zu Kirberg im jetzigen Reg.-Bez. Wiesbaden, studierte 1866-1869 zu Bonn und Göttingen Geschichte, Philologe und Staatswissenschaften und übernahm, nach 7 jähr. Lehrthätigkeit am Gymnasium zu Dortmund und an der Wöhlerschule in Frankfurt a.M., die Stelle eines Redakteurs für Wirtschafts- und Sozialpolitik an der „Frankfurter Zeitung“, die er bis zum 31.XII.1880 bekleidete. Im Februar 1881 habilitierte er sich an der staatswirtschaftlichen Fakultät der Universität München für Nationalökonomie und Statistik, von wo er im Sommer 1882 als ordentl. Professor für Statistik an die Universität Dorpat berufen wurde. Diese Stellung vertauschte er im Herbst 1883 mit der Professur der Nationalökonomie und Finanzwissenschaft an der Universität Basel. Hier blieb Bücher bis Herbst 1890, um welche Zeit er einem Rufe als Professor der Volkswirtschaftalehre an der technischen Hochschule in Karlsruhe Folge leistete. Ostern 1892 gab er diese Stellung auf zu Gunsten der Professur der Statistik und Nationalökonomie an der Universität Leipzig, an welcher er ausserdem seit 1893 das Amt eines Direktors des volkswirtschaftlich-statistischen Seminars bekleidet.

Er veröffentlichte von staatswissenschaftlichen Schriften in Buchform:

De gente [aetolica] amphictyoniae participe, Bonn 1870, (Dissertation.)

Die Aufstände der unfreien Arbeiter 143-129 v. Chr., Frankfurt a.M. 1874.

Die gewerbliche Bildungsfrage und der industrielle Rückgang, Eisenach 1877.

Lehrlingsfrage and gewerbliche Bildung in Frankreich, Eisenach 1878.

— Gutachten über das gewerbliche Bildungswesen in den Schr. d. V. f. Sozialp., Bd. XV.

Das Ureigentum von E. de Laveleye. Deutsche Ausgabe, Leipzig 1879. (Die Kap. VI, IX, XIV u. XV sind Originalarbeiten des Herausgebers.)

Die Frauenfrage im Mittelalter. Tübingen 1882.

— Die Arbeiterfrage im Kaufmannsstande. [D. Zeit- und Streitfragen XII), Berlin 1883.

Die Bevölkerung von Frankfurt a.M. im XIV. und XV. Jahrh., I. Bd., Tübingen 1886.

— Von den Produktionsstätten des Weihnachtsmarktes (Vortrag), Basel 1887 (Oeff. Vorträge geh. in d. Schweiz, Bd. IX, Heft 9).

— Die soziale Gliederung der Frankfurter Bevölkerung im Mittelalter. (Berichte des Fr. Deutschen Hochstifts 1886/7, Heft III).

— Zur Geschichte der internationalen Fabrikgesetzgebung, Wien 1888.

— Frankfurter Buchbinder-Ordnungen vom XVI. bis zum XIX. Jahrh., Tübingen 1888.

Basels Staatseinnahmen und Steuerverteilung 1878-1887. Publiziert vom Finanzdepartement, Basel 1888.

Die Bevölkerung des Kantons Basel-Stadt am 1.XII.1888, Basel 1890.

— Die Wohnungs-Enquete in der Stadt Basel vom 1.-19.II.1889, Basel 1891.

Die Entstehung der Volkswirtschaft, 6 Vorträge, Tübingen 1893; dasselbe, 2. Aufl., ebenda 1898.

Arbeit und Rhythmus. Leipzig 1896. (Aus Abhandlungen der k. sächsischen Gesellschaft der Wissensch.)

Die Wirtschaft der Naturvölker. Vortrag, geh. in der Gehe-Stiftung zu Dresden, am 13.XI.1897, Dresden 1898.

— Die wirtschaftlichen Aufgaben der modernen Stadtgemeinde. Vortrag, Leipzig 1898. (Hochschulvorträge, Heft 10.)

Er veröffentlichte von Staatswissenschaftlichen Abhandlungen in Zeitschriften:

— 1. Arch. f. soz. Gesetzg., etc., Jahrg. I (1888): Das Basel-städtische Gesetz betr. den Schutz der Arbeiterinnen.

— 2. Jahrb. f. Nat. u. Stat., N.F., Bd. VIII (1882): Das russische Gesetz über die in Fabriken und Manufakturen arbeitenden Minderjährigen v. 1.VI.1882.

— 3. Preuss. Jahrb., Bd. XC (1898): Der wirtschaftliche Urzustand.

— 4. Ztschr. f. Schweiz. Statistik, Jahrg. XXIII (1887): Zur Statistik der inneren Wanderungen und des Niederlassungswesens.

— 5. Ztschr. f. Staatsw.,

Jahrg. XLIV (1888): Die wirtschaftliche Interessenvertretung in der Schweiz und die Schweizer Arbeiterorganisationen,
Jahrg. L (1894): Die diokletianische Taxordnung vom Jahre 301 (Artik. 1 u. 2),
Jahrg. LII (1896): Der öffentliche Haushalt der Stadt Frankfurt im Mittelalter.

In diesem „Handwörterbuch“ hat Bücher die Artikel [folgenden] geschrieben:

„Allmenden“ (Bd. I. 1. Aufl., S. 181 ff.; 2. Aufl. S. 255 ff.),
„Die Arbeiterschützgesetzgebung in der Schweiz“ (Bd. I, 1. Aufl. S. 448ff.; 2. Aufl. S. 588ff.),
„Die Arbeiterversicherung in der Schweiz“ (Bd. I, 1. Aufl. S. 551 ff.; 2. Aufl. S. 694 ff.) und
„Die Arbeitseinstellungen in der Schweiz“ (Bd. I, 1. Aufl. S. 651ff.; 2. Aufl. S. 842 ff.)

Source: Handwörterbuch der Staatswissenschaften, Vol. II, 2nd edition. Jena, 1898.

Image Source: From the poster for the temporary exhibition of the Archives of the University of Leipzig in 2012: Der Nationalökonom und Zeitungshändler Karl Bücher. Die Leipziger Jahre 1892–1930.

Categories
Economic History Harvard

Harvard. Modern European Economic History. Gay, 1906-1907

 

Edwin F. Gay was promoted to the rank of professor in 1906 and served as the acting chairman of the Harvard economics department during Thomas Nixon Carver’s leave of absence. He then became the chair of the department in 1907. This was followed by his appointment as the first dean of the newly established Graduate School of Business Administration in 1908.

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Earlier, related posts

A brief course description for Economics 11 plus the exams from 1902-03.

Exams for 1903-04.

Exams for 1904-05.

Exams for 1905-06.

A short bibliography for “serious students” of economic history assembled by Gay and published in 1910 has also been posted.

________________________

Course Enrollment
1906-07

Economics 11. Professor Gay. — Modern Economic History of Europe.

Total 25: 8 Graduates, 4 Seniors, 4 Juniors, 6 Sophomores, 3 Others.

Source: Harvard University. Report of the President of Harvard College, 1906-1907, p. 71.

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ECONOMICS 11
Mid-year Examination, 1906-07

  1. Describe briefly, with reference to England in the sixteenth century:
    1. the position of the Hanseatic merchants.
    2. the policy with regard to shippingthe law and practice as to usury.
  2. [Gilds]
    1. Cunningham says: “It is probable that the powers of the gilds had been so much affected by the legislation of Edward VI. that they had but little influence either for good or evil.”
      What precisely was this legislation? What was the attitude of the Tudor governments to the craft gilds?
    2. He also states that the craft gilds, “before the close of Elizabeth’s reign were reconstituted, or companies which corresponded to them were created anew.… These companies were different in many ways from the craft gilds, even when they were erected upon their ruins.”
      Do Ashley and Unwin agree with this view? What are the facts in regard to the development of gild organization under Elizabeth?
    3. State briefly, as compared with England, the chief points of analogy and difference in Continental gild history.
  3. [Wages and prices]
    1. Criticise the following: “In the sixteenth century, when prices as well as wages were still frequently settled by authority, the competition of the laborers for food would not have such immediate effects on prices as in modern times; the regulation would tend to hasten the entire exhaustion of the supply, rather than to bring about a further rise of price.”
      What was the regulation of prices and wages here mentioned? Do you think it had any appreciable effect on the movement of prices or wages in the sixteenth century?
    2. What in general was the price movement of that period and what caused it? What are the difficulties in comparing the purchasing power of a shilling in 1450, 1550, and 1907.
  4. What were the salient features of the Mercantile System?

Source: Harvard University Archives. Harvard University. Mid-year Examinations, 1852-1943. Box 7, Bound Volume: Examination Papers, Mid-Years 1906-07.

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ECONOMICS 11
Year-end Examination, 1906-07

  1. Explain briefly: —

(1) aulnager.
(2) ship-money.
(3) the “vend.”
(4) South Sea Bubble.
(5) contractus trinius.
(6) commenda.

  1. [Mercantile policies]
    1. State the chief provisions and significance of

(a) the Statute of Artificers,
(b) the Navigation Act, and
(c) the Corn Law of 1688.

    1. When was the policy embodied in a and c changed, and under what circumstances?

III. [Company organization]

    1. What were the forms of company organization in England? What change took place in public sentiment regarding them?
    2. Compare the development of mercantile companies in England, France, and Holland.
  1. [Domestic system vs. wage labor system]
    1. Comment on the following: “The distinguishing feature of the capitalist, as contrasted with the domestic, system lies in the fact, that under the former scheme, employers or undertakers own the materials and pay the wages, whereas in the domestic system the workman is his own master; he owns the materials on which he works and sells the product of his labour.”
    2. Give examples from the textile industries of three types of the domestic system.

Take one of the following.

  1. Discuss this statement: “There has been a tendency to associate the great commercial expansion of the seventeenth century with the name of Cromwell…. It is difficult to see that any evidence whatever can be adduced in support of this view, while there is much to be said against it.”
  2. “With a country almost naturally defenceless, engaged by position and religion in conflicts far beyond their real national strength, the Dutch at length became exhausted by the pressure of the taxes they paid.” Is this an adequate explanation of the economic decline of Holland? If not, what is the explanation?

Source: Harvard University Archives. Harvard University, Examination Papers, 1873-1915. Box 8, Bound vol. Examination Papers 1906-07 (HUC 7000.25), pp. 33-34.

Image Source: Harvard Class Album, 1914. Colorized by Economics in the Rear-view Mirror.

Categories
Economic History Exam Questions Harvard

Harvard. Exam for European economic history (19th century). Gay, 1906-1907

Before Abbott Payson Usher (1883-1965) and Alexander Gerschenkron (1904-1978) and after William Ashley (1860-1927), Professor Edwin Francis Gay (1867-1946) taught European Economic history in the Harvard economics department. This post adds to the collection of his examination questions transcribed and posted at Economics in the Rear-view Mirror.

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Previously posted:
European economic history
taught at Harvard

A brief course description for Economics 11 plus the exams from 1902-03.

Exams for 1903-04.

Exams for 1904-05.

Exams for 1905-06

A short bibliography for “serious students” of economic history assembled by Gay and published in 1910 has also been posted.

Gay and Usher’s economic history exams from 1930 through 1949.

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Course Enrollment
1906-07

Economics 6a 1hf. Professor Gay. — European Industry and Commerce in the Nineteenth Century.

Total 73: 17 Graduates, 20 Seniors, 21 Juniors, 12 Sophomores, 3 Others.

Source: Harvard University. Report of the President of Harvard College, 1906-1907, p. 71.

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ECONOMICS 6a
Mid-year Examination, 1906-07

  1. Compare the conditions of land-ownership in England, France and Germany during the first half of the nineteenth century. Explain the differences.
  2. [European tariff policies]
    1. Date the liberal period in the tariff history of the chief European countries.
    2. Why was the English Corn Law repealed?
    3. Give a brief account of the tariff history of Germany since the formation of the Zollverein.
  3. What consequences, according to Chevalier, would follow from the increased production of gold?
  4. [Railroad policies]
    1. When and for what reasons did the states of Germany and Russia obtain ownership of the railroads? What value has their experience for other countries?
    2. State Hadley’s criticism of the English Railway Commission.
  5. Describe briefly the extent, causes and results of the agricultural depression in Europe.

Source: Harvard University Archives. Harvard University. Mid-year Examinations, 1852-1943. Box 7, Bound Volume: Examination Papers, Mid-Years 1906-07.

Image SourceWikimediaCommons. This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.

Categories
Economic History Exam Questions Harvard Suggested Reading Syllabus

Harvard. Reading list and Exam for U.S. Economic History. Gay, 1906-1907

Edwin Francis Gay solo-taught the course on U.S. economic and financial history in 1906-07. He modified and expanded the course reading list from that used in the previous year by him and Taussig, but the structure of the course nonetheless appears to have been essentially unchanged.

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Previously…

Assistant Professor Oliver Mitchell Wentworth Sprague taught the Harvard course “Economic History of the United States”/ “Economic and Financial History of the United States” in 1901-02 (with James Horace Patten), 1902-03, 1903-04, and 1904-05. The course was taken over in 1905-06 by Frank William Taussig and Edwin Francis Gay after Sprague left for a full professorship at the Imperial University of Japan. The Taussig/Gay reading list and final exam for 1905-06.

__________________________

Course Enrollment
1906-07

Economics 6b 2hf. Professor [Edwin Francis] Gay. — Economic and Financial History of the United States.

Total 112: 20 Graduates, 13 Seniors, 44 Juniors, 25 Sophomores, 2 Freshmen, 8 Others.

Source: Harvard University. Report of the President of Harvard College, 1906-1907, p. 71.

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Course Reading List
1906-07

[Library Stamp: “May 13, 1907”]

ECONOMICS: 6b

Required Reading is indicated by an asterisk (*)

1. COLONIAL PERIOD.

*Ashley, Commercial Legislation of England and the American Colonies, Q.J.E., Vol. XIV, pp. 1-29; printed also in Ashley’s Surveys, pp. 309-335.

*Semple, American History and its Geographic Conditions, pp.36-51.

McMaster, History of the People of the United States, Vol. I, pp. 1-102.

Eggleston, Transit of Civilization, pp. 273-307.

Beer, Commercial Policy of England, pp. 5-158.

Rabbeno, American Commercial Policy, pp. 3-91.

Lord, Industrial Experiments in the British Colonies of North America, pp. 56-86; 124-139.

1776-1860.
2. COMMERCE, MANUFACTURES, AND TARIFF.

*Taussig, Tariff History of the United States, pp. 68-154

*Hamilton, Report on Manufactures, in Taussig’s State Papers and Speeches on the Tariff, pp. 1-79, 103-107, (79-103).

Bolles, Industrial History of the United States, Book II, pp. 403-426.

Bishop, History of American Manufactures, Vol. II, pp. 256-505.

Pitkin, Statistical View of the Commerce of the United States (ed. 1835), pp. 368-412.

Gallatin, Free Trade Memorial, in Taussig’s State Papers, pp. 108-213.

Rabbeno, American Commercial Policy, pp. 146-183.

Hill, First Stages of the Tariff Policy of the United States, Amer. Econ. Assoc. Pub., Vol. VIII, pp. 107-132.

3. AGRICULTURE AND LAND POLICY. — WESTWARD MOVEMENT.

*Hart, Practical Essays on American Government, pp. 233-257; printed also in Q.J.E., Vol. I, pp. 169-183, 251-254.

*Hammond, Cotton Industry, pp. 67-119.

*Semple, American History and its Geographic Conditions, pp. 52-74.

Turner, Significance of the Frontier in American History, in Report of Amer. Hist. Assoc., 1893, pp. 199-227.

Donaldson, Public Domain, pp. 1-29, 196-239, 332-356.

Sato, History of the Land Question in the United States, Johns Hopkins University Studies, IV. Nos. 7-9, pp. 127-181.

Sanborn, Congressional Grants of Land in Aid of Railways, Bulletin of Univ. of Wisconsin Econ., Pol. Sci, and Hist. Series, Vol. II, No. 3, pp. 269-354.

Hart, History as Told by Contemporaries, Vol. III, pp. 459-478.

4. INTERNAL IMPROVEMENTS.

*Callender, Early Transportation and Banking Enterprises, Q.J.E., Vol. XVII, pp. 111-162; printed also separately, pp. 3-54.

Tenth United States Census (1880), Vol. IV, Thos. C. Purdy’s Reports on History of Steam Navigation in the United States, pp. 1-62, and History of Operating Canals in the United States, pp. 1-32.

Chevalier, Society, Manners and Politics in the United States, pp. 80-87, 209-276.

Ringwalt, Development of Transportation Systems in the United States, pp. 41-54, 64-166.

Gallatin, Plan of Internal Improvements, Amer. State Papers, Misc., Vol. I, pp. 724-921 (see especially maps, pp. 744, 762, 764, 820, 830).

Pitkin, Statistical View (1835), pp. 531-581.

Chittenden, Steamboat Navigation on the Missouri River, Vol. II, pp. 417-424.

5. FINANCE, BANKING AND CURRENCY.

*Dewey, Financial History of the United States, pp. 75-117, 223-237, 252-262.

*Catterall, The Second Bank of the United States, pp. 1-24, 68-119, 376 map, 402-403, 464-477.

*Bullock, Essays on the Monetary History of the United States, pp. 60-93.

Hamilton, Reports on Public Credit, Amer. State Papers, Finance, Vol. I, pp. 15-37. 64-76.

Kinley. History of the Independent Treasury, pp. 16-39.

Sumner, Andrew Jackson (ed. 1886), pp. 224-249, 257-276, 291-342.

Ross, Sinking Funds, pp. 21-85.

Scott, Repudiation of State Debts, pp. 33-196.

Bourne, History of the Surplus Revenue of 1837, pp. 1-43, 125-135.

Conant, History of Modern Banks of Issue, pp. 310-347.

6. POPULATION AND SLAVERY.

*Cairnes, The Slave Power (2d ed.), pp. 32-103, 140-178.

Hammond, Cotton Industry, pp. 34-66.

Russell, North America, its Agriculture and Climate, pp. 133-167.

De Tocqueville, Democracy in America (ed. 1838), pp. 336-361, or eds. 1841 and 1848, Vol. I, pp. 386-412.

Helper, Compendium of the Impending Crisis of the South, pp. 7-61.

1860-1900.
7. FINANCE, BANKING AND CURRENCY.

*Mitchell, History of the Greenbacks, pp. 3-43, 403-420.

*Noyes, Thirty Years of American Finance, pp. 1-72, 234-254 (73-233).

Taussig, Silver Situation in the United States, pp. 1-157.

Dunbar, National Banking System, Q.J.E., Vol. XII, pp. 1-26; printed also in Dunbar’s Economic Essays, pp. 227-247.

Howe, Taxation and Taxes in the United States under the Internal Revenue System, pp. 136-262.

Tenth United States Census (1880), Vol. VII; Bayley, History of the National Loans, pp. 369-392, 444-486.

8. TRANSPORTATION.

*Hadley, Railroad Transportation, pp. 1-23, 125-145.

*Johnson, American Railway Transportation, pp. 24-68, 307-321, 367-385.

Industrial Commission, Vol. XIX, pp. 466-481.

Adams, Chapters of Erie, pp. 1-99, 333-429.

Davis, The Union Pacific Railway, Annals of the Amer. Acad., Vol. VIII, pp. 259-303.

Villard, Memoirs, Vol. II, pp. 284-312.

Dixon, Interstate Commerce Act as Amended, Q.J.E., Vol. XXI, pp. 22-51.

9. AGRICULTURE AND OPENING OF THE WEST.

*Industrial Commission, Vol. XIX, pp. 43-123, 134-167.

*Noyes, Recent Economic History of the United States, Q.J.E., Vol. XIX, pp. 167-187.

Twelfth United States Census (1900), Vol. V, pp. xvi-xlii.

Hammond, Cotton Industry, pp. 120-226.

Adams, The Granger Movement, North American Review, Vol. CXX, pp. 394-424.

Bemis, Discontent of the Farmer, J. Pol. Ec., Vol. I, 193-213.

10. THE TARIFF.

*Taussig, Tariff History, pp. 156-229.

Stanwood, American Tariff Controversies, Vol. II, pp. 243-394.

Taussig, Iron Industry, Q.J.E., Vol. XIV, pp. 143-170, 475-508.

Taussig, Wool and Woolens, Q.J.E., Vol. VIII, pp. 1-39.

Wright, Wool-growing and the Tariff since 1890, Q.J.E., Vol. XIX, pp. 610-647.

Robinson, History of Two Reciprocity Treaties, pp. 9-17, 40-77, 141-156.

Laughlin and Willis, Reciprocity, pp. 311-437.

11. INDUSTRIAL EXPANSION.

*Twelfth United States Census (1900), Vol. VII, pp. clxx-cxc (note especially the maps and comments on pp. clxx-clxxviii).

*Noyes, Thirty Years of American Finance, pp. 113-126.

Industrial Commission, Vol. XIX, pp. 485-519, 544-569.

Twelfth Census, Vol. IX, pp. 1-16; Vol. X, pp. 725-748.

Wells, Recent Economic Changes, pp. 70-113.

12. COMMERCE AND SHIPPING.

*Meeker, Shipping Subsidies, Pol. Sci. Quart., Vol. XX, pp. 594-611.

Soley, Maritime Industries of the United States, in Shaler’s United States, Vol. I, pp. 518-618.

Meeker, History of Shipping Subsidies, pp. 150-171.

McVey, Shipping Subsidies, J. Pol. Ec., Vol. IX, pp. 24-46.

Wells, Our Merchant Marine, pp. 1-94.

13. INDUSTRIAL CONCENTRATION.

*Willoughby, Integration of Industry in the United States, Q.J.E., Vol. XVI, pp. 94-107.

*Noyes, Recent Economic History of the United States, Q.J.E., Vol. XIX, pp. 188-209.

Twelfth Census, Vol. VII, pp. cxc-ccxiv.

Industrial Commission, Vol. XIII, pp. v-xviii.

Bullock, Trust Literature, Q.J.E., Vol. XV, pp. 167-217.

14. THE LABOR PROBLEM.

*United States Bureau of Labor Bulletins, No. 18 (Sept. 1898), pp. 665-670; No. 30 (Sept. 1900), pp. 913-915; No. 53 (July, 1904), pp. 703-728.

Adams and Sumner, Labor Problems, pp. 3-16, 502-547.

Levasseur. American Workman, pp. 436-509.

Mitchell, Organized Labor, pp. 391-411.

Twelfth Census, Special Report on Employees and Wages, p. xcix.

National Civic Federation, Industrial Conciliation, pp. 40-48, 141-154, 238-243, 254-266.

15. POPULATION, IMMIGRATION
AND THE RACE QUESTION.

*United States Census Bulletin, No. 4 (1903), pp. 5-38.

*Industrial Commission, Vol. XV, pp. xix-Ivii.

Adams and Sumner, Labor Problems, pp. 68-112.

Mayo-Smith, Emigration and Immigration, pp. 38-78.

Walker, Discussions in Economics and Statistics, Vol. II, pp. 417-451.

Hoffmann, Race Traits and Tendencies of the American Negro, pp. 250-309.

Tillinghast, The Negro in Africa and America, pp. 102-228.

Twelfth Census Bulletin, No. 8.

United States Bureau of Labor Bulletins, Nos. 14, 22, 32, 35, 37, 38, 48.

Washington, Future of the American Negro, pp. 3-244.

Stone, A Plantation Experiment, Q.J.E., Vol. XIX, pp. 270-287.

Source: Harvard University Archives. Syllabi, course outlines and reading lists in economics, 1895-2003. Box 1, Folder: “Economics 1906-07”.

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ECONOMICS 6b
Year-end Examination, 1906-07

  1. Describe briefly (not more than five minutes each) :—
    1. Independent Treasury.
    2. Greenbacks
    3. Mills Bill.
    4. Minimum system.
    5. Homestead system.
    6. Chief Canal systems.
  2. Outline succinctly :—
    1. The history and results of the tariff on wool and woolens.
    2. The experience of the United States with reciprocity.
  3. Comment on the following (from Grant’s message of 1870):
    “Building ships and navigating them utilizes vast capital at home; it creates a home market for the farm and the shop; it diminishes the balance of trade against us precisely to the extent of freights and passage money paid to American vessels, and gives us a supremacy of the seas of inestimable value in case of foreign war.”
  4. Compare in its more important features the economic history of the decade 1870-80 with that of the decade 1890-1900.
  5. [International labor migration]
    1. Describe the administration of the alien contract labor law.
    2. What are the present tendencies in the distribution of immigrants?

Source: Harvard University Archives. Harvard University, Examination Papers, 1873-1915. Box 8, Bound vol. Examination Papers 1906-07 (HUC 7000.25), pp. 29-30.

Image Source: Edwin F. Gay, seated in office, 1908. From Wikipedia. Colorized by Economics in the Rear-view Mirror.

Categories
Economic History Exam Questions Harvard Suggested Reading Syllabus

Harvard. Reading list and final exam for U.S. economic and financial history. Taussig and Gay, 1905-1906

Assistant Professor Oliver Mitchell Wentworth Sprague taught the Harvard course “Economic History of the United States”/ “Economic and Financial History of the United States” in 1901-02 (with James Horace Patten), 1902-03, 1903-04, and 1904-05. The course was taken over in 1905-06 by Frank William Taussig and Edwin Francis Gay after Sprague left for a full professorship at the Imperial University of Japan.

__________________________

Course Enrollment
1905-06

Economics 6 2hf. Professor Taussig and Asst. Professor Gay. — Economic and Financial History of the United States.

Total 79: 14 Graduates, 15 Seniors, 37 Juniors, 10 Sophomores, 3 Others.

Source: Harvard University. Report of the President of Harvard College, 1905-1906, p. 72.

__________________________

READING FOR ECONOMICS 6
(1905-6)

Prescribed reading is indicated by an asterisk (*).

1. COLONIAL PERIOD.

*Ashley, Commercial Legislation of England and the American Colonies, Q.J.E., Vol. XIV, pp. 1-30; printed also in Surveys, pp. 309-335.

Schmoller, Mercantile System, pp. 57-80.

Beer, Commercial Policy of England, pp. 1-158.

Rabbeno, American Commercial Policy, pp. 3-91.

Eggleston, Agriculture and Commerce in the Colonies, The Century Magazine, Jan. and June, 1884, Vol. V, pp. 431-449; Vol. VI, pp. 234-256.

2. COMMERCE AND MANUFACTURES, 1776-1815.

*Hill, First Stages of the Tariff Policy of the United States, Amer Econ. Assn. Pub., Vol. VIII, pp. 107-132.

Pitkin, Statistical View of the United States, ed. 1835, ch. ix, pp. 368-412.

Rabbeno, American Commercial Policy, pp. 287-324, 95-145.

Hamilton, Report on Manufactures, in Taussig’s State Papers and Speeches on the Tariff, pp. 1-108.

3. REVOLUTIONARY AND NATIONAL FINANCE – WESTWARD MOVEMENT, 1776-1815.

*Dewey, Financial History of the United States, chs. ii-vi, pp. 33-141.

Bullock, Essays on the Monetary History of the United States, pp. 60-78.

Hamilton, Reports on Public Credit, Amer. State Papers, Finance, Vol. 1, pp. 15-37, 64-67.

Turner, Significance of the Frontier in American History, in Report of Amer. Hist. Assn., 1893, pp. 199-227.

Semple, American History and its Geographical Conditions, chs. iv, v, pp. 52-92.

4. FINANCE AND BANKING, 1815-1860.

*Dewey, Financial History, pp. 223-237, 252-262.

Sumner, Andrew Jackson, ed. 1886, pp. 224-249, 257-276, 291-342.

Catterall, The Second Bank of the United States, chs. xvi-vviii, pp. 376-403, 430-452.

Conant, History of Modern Banks of Issue, ch. xiv, pp. 310-347.

White, Money and Banking, chs. ix-xii, pp. 324-361.

5. TARIFFS AND MANUFACTURES, 1815-1860.

*Taussig, Tariff History, pp. 1-154.

Taussig, State Papers and Speeches on the Tariff, pp. 108-385.

Rabbeno, American Commercial Policy, 146-199, 325-383.

6. INTERNAL IMPROVEMENTS, 1815-1860.

*Callender, Early Transportation and Banking Enterprises, Q.J.E., Vol. XVII, pp. 111-162.

Chevalier, Society, Manners, and Politics in the United States, chs. vii, xx, xxi, pp. 80-87, 209-276.

Pitkin, Statistical View (1835), Vol. XII, pp. 531-581.

Gallatin, Plan of Internal Improvements, Amer. State Papers, Misc., Vol. I.

Tanner, Railways and Canals of the United States. See, especially, the map.

7. LAND POLICY AND AGRICULTURE, 1815-1860.

*Hart, Practical Essays on American Government, pp. 233-257.

*Hammond, Cotton Industry, ch. iii, pp. 67-119.

Donaldson, Public Domain.

Sato, History of the Land Question in the United States, Johns Hopkins University Studies, 4th series, nos. 7-9, pp. 127-181.

8. POPULATION AND SLAVERY, 1815-1860.

*Cairnes, Slave Power, chs. ii, iii, v, pp. 34-93, 120-150.

Hammond, Cotton Industry, ch. ii, pp. 34-60.

Semple, American History and its Geographic Conditions, ch. ix, pp. 150-177.

9. FINANCE, BANKING, AND CURRENCY PROBLEMS, 1860-1900.

*Dewey, Financial History, chs. xii, xiii, xx, pp. 271-330, 463-473.

*Noyes, Thirty Years of American Finance, chs. i, ii, iii, x, pp. 1-72, 234-254.

Taussig, Silver Situation, pp. 1-157.

Dunbar, National Banking System, Q.J.E., Vol. XII, pp. 1-36.

10. TRANSPORTATION; TARIFF.

*Taussig, Tariff History, pp. 155-230.

Industrial Commission, Vol. XIX, pp. 466-481.

Johnson, American Railway Transportation, chs. ii, ii, v, pp. 13-38, 52-68.

Taussig, Contribution to the Theory of Railway Rates, Q.J.E., Vol. V, pp. 438-465.

Hadley, Railroad Transportation, pp. 24-56.

11. INDUSTRIAL EXPANSION AND TARIFF.

*Taussig, Tariff History, pp. 230-409.

Stanwood, American Tariff Controversies, Vol. II, pp. 243-394.

Taussig, Iron Industry, Q.J.E., Vol. XIV, pp. 143-170, 475-508.

Industrial Commission, Vol. XIX, pp. 485-519, 544-569.

Twelfth United States Census, Vol. IX, pp. 1-16; Vol. X, pp. 723-743.

Taussig, Wool and Woolens, Q.J.E., Vol. VIII, pp. 1-39.

Wright, Wool-growing and the Tariff since 1890, Q.J.E., Vol. XIX, pp. 610-647.

Willoughby, Integration of Industry in the United States, Q.J.E., Vol. XVI, pp. 94-115.

12. AGRICULTURE AND OPENING OF THE FAR WEST.

*Industrial Commission, XIX, pp. 43-123, 134-168.

Hammond, Cotton Industry, Book I, chs. iv-vii, ix, pp. 120-228, 324-356.

Adams, The Granger Movement, North American Review, Vol. CLXXV, pp. 394-424.

13. COMMERCE AND SHIPPING.

*Meeker, Shipping Subsidies, Pol. Sci. Qr., Vol. XX, pp. 594-611.

*Noyes, Recent Economic History of the United States, Q.J.E., Vol. XIX, pp. 167-209.

Wells, Our Merchant Marine, chs. i-v, pp. 1-94.

14. WAGES AND THE LABOR PROBLEM.

*Levasseur, American Workman, pp. 436-509.

Mitchell, Organized Labor.

Industrial Conciliation, National Civic Federation.

Wright, Industrial History of the United States, Part III, pp. 231-322.

15. IMMIGRATION AND THE RACE QUESTION.

*Mayo-Smith, Emigration and Immigration, chs. iii, iv, pp. 33-78.

Tillinghast, Negro in Africa and America, pp. 102-227.

Hoffman, Race Traits and Tendencies of the American Negro, pp. 141-148, 170-176, 310-329.

Washington, Future of the American Negro, pp. 3-244.

Mayo-Smith, Emigration and Immigration, pp. 79-167, 227-283.

Walker, Discussions in Economics and Statistics, Vol. II, pp. 417-434.

Source: Harvard University Archives. Syllabi, course outlines and reading lists in conomics, 1895-2003, Box 1, Folder “Economics, 1905-1906”.

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ECONOMICS 6
Year-end Examination, 1905-06

  1. Describe the history of the agitation for “cheap money” in the United States; the forms assumed both before and after 1860, its causes and the probability of its recurrence.
  2. Compare critically the financing of the Revolutionary War, the Civil War, and the Spanish War.
  3. (a) Summarize the principal features of our tariff legislation from the close of the Civil War to the Dingley Tariff.
    (b) What has been the effect of the tariffs on the iron and steel industry?
  4. Give the history of the Union Pacific Railroad and its relations to the government.
  5. Account for the changes in the character of the foreign trade of the United States in respect to the excess of imports or of exports.
    Take one of the following questions:
  6. Discuss the significance and causes of the increase of farm tenancy and the rural exodus.
  7. What can you say as to agricultural conditions in the South before and since the Civil War? What about the negro problem?

Source: Harvard University Archives. Harvard University, Examination Papers 1873-1915. Box 8, Bound volume: Examination Papers, 1906-07; Papers Set for Final Examinations in History, Government, Economics,…,Music in Harvard College (June, 1906), pp. 31-32.

Image Source: Portraits of Frank William Taussig and Edwin Francis Gay from the Harvard Class Album 1906.