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Exam Questions Harvard Money and Banking Public Finance

Harvard. Course description, enrollment, exam questions for history of public finance. Bullock, 1904-1905

Step by step, inch by inch, course by course we transcribe and file away course materials from academic years gone by. Again we encounter Harvard assistant professor of economics, Charles Jesse Bullock, this time wearing his public finance hat. Note that at the turn of the twentieth century monetary and fiscal issues were taught as two sides of a single financial history.

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Previously…

1903-1904 enrollment and final exam questions.

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Course Enrollment
1904-05

Economics 16 1hf. Asst. Professor Bullock. — Financial History of the United States.

Total 6: 4 Seniors, 1 Junior, 1 Other.

Source: Harvard University. Report of the President of Harvard College, 1904-1905, p. 75.

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Course Description
1904-05

[Economics] 16 1hf. The Financial History of the United States. Half-course (first half-year). Mon., Wed., and(at the pleasure of the instructor) Fri., at 1.30. Asst. Professor Bullock.

This course will deal mainly with the history of the finances of the federal government; but will include some study of the financial experience of the colonies, and will treat of the development of the finances of the states from 1775 to 1850.
Each student will be required to prepare a thesis upon some special topic.

Source: Harvard University. Faculty of Arts and Sciences. Division of History and Political Science Comprising the Departments of History and Government and Economics, 1904-05 (May 16, 1904), p. 46.

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ECONOMICS 161
Mid-year Examination, 1904-05

FINANCIAL HISTORY OF THE UNITED STATES.
  1. Describe the development of colonial tax systems.
  2. State the main facts concerning the Continental paper money.
  3. Describe Hamilton’s funding system.
  4. Describe and criticise the sinking-fund act of 1795.
  5. What are the main facts in the history of the Second Bank of the United States?
  6. Describe the tariffs of 1828, 1838, and 1846.
  7. What are the main facts in the history of the greenbacks?
  8. Discuss the suspension of specie payments in December, 1861.
  9. Describe the refunding of the national debt after the Civil War
  10. What were the chief provisions of the resumption act? How was resumption actually accomplished?

Source: Harvard University Archives. Harvard University, Examination Papers 1873-1915. Box 7, Bound volume: Examination Papers, 1904-05; Papers Set for Final Examinations in History, Government, Economics,…,Music in Harvard College (June, 1905), p. 36.

Source: Williams College, The Gulielmensian 1902, Vol. 45, p. 26. Colorized by Economics in the Rear-view Mirror.