A brief biography of Harvard economic historian and first Dean of the Harvard Business School, Edwin Francis Gay (1867-1946) is found in the earlier post for his course “Recent Economic History” that was also taught at Harvard in the 1934-35 academic year. Below we have the course announcement, enrollment figures, reading list, and final exam for the course on European Economic History from the Industrial Revolution.
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Course Announcement
Economics 2a 1hf. European Economic History from the Industrial Revolution
Half-course (first half-year). Tu., Th., and (at the pleasure of the instructor) Sat., at 9. Professor Gay.
Source: Announcement of the Courses of Instruction Offered by the Faculty of Arts and Sciences During 1934-35, second edition. Published in Official Register of Harvard University, Vol. XXXI, No. 38 (September 20, 1934), p. 125.
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Course Enrollment
[Economics] 2a 1hf. Professor Gay.—European Economic History since the Industrial Revolution.
Total 50: 3 Graduates, 21 Seniors, 17 Juniors, 8 Sophomores, 1 Other.
Source: Harvard University. Report of the President of Harvard College, 1934-35, p. 81.
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Assigned and Suggested Readings
ECONOMICS 2a
[pencil insert: 1934-5]
European Economic History from the Industrial Revolution
Hour Test on November 13 [Pencil insert: Extended to Nov. 15] will cover Groups I and II.
I. SOCIAL THOUGHT AND PROGRESS
A. V. Dicey—Law and Public Opinion in England (1908). Lectures 4-7 (Pages 62-258)
J. M. Keynes—The End of Laissez Faire. (1926)
G. Wallas—Life of Francis Place (1918). Chapters 1, 2, 3, 6, 7, 8 (pages 1-92, 157-240)
II. TRANSPORTATION
E. A. Pratt—A History of Inland Transport and Communication in England (1912). Chapters 8-22 (pages 51-311)
J. H. Clapham—Economic Development of France and Germany (1921). Chapters 5, 7, 12 (Pages 104-120, 140-157, 339-375)
III. AGRICULTURE
Lord Ernle—English Farming, Past and Present (3d edition, 1922). Chapters 17, 18
J. H. Clapham—Economic Development of France and Germany (1921). Chapter 9 (pages 195-231)
C. L. Christensen—Agricultural Cooperation in Denmark. Pages 9-54, 81-87
IV. TARIFF POLICY
P. Ashley—Modern Tariff History (1920). Part 1, Part 3 (pages 3-128, 269-355)
J. Morley—Life of Richard Cobden (1881). Chapters 6, 7, 10, 11, 13, 16 (pages 140-172, 209-247, 290-307, 355-389)
V. BANKING
A. Andreades—History of the Bank of England (1909). Vol. 1, part 4; Vol. 2, Introductory chapter and Part 1 (pages 161-294)
H. Feis—Europe The World’s Banker, 1870-1914 (1930). Part I; Part II; Part III, Chapters 12, 13 (pages 3-190-258-313)
VI. READING PERIOD ASSIGNMENT
Choose ONE of the following groups:
INDUSTRIAL DEVELOPMENT
P. Mantoux—The Industrial Revolution in the Eighteenth Century (English translation, 1928)
Part I, Chapter 2
Part II, Chapters 1, 2, 3
Part III, Chapters 1, 2, 3, 4
(pages 93-139-193-317, 349-489)
J. H. Clapham—Economic Development of France and German. Chapters 3, 4 (pages 53-103)
LABOR
S. & B. Webb—History of Trade Unionism (1920 edition). Chapters (in part) 2, 3, 4, 5, 7, 9, 10, 11 (pages 64-112, 153-179, 180-204, 249-298, 358-421, 472-546, 594-611, 634-676, 677-704)
Cambridge Modern History—Volume 12—Chapter 23—Social Movements (by Webb) (pages 730-765
BRITISH INDUSTRY AND CAPITAL
A. Siegfried—England’s Crisis (1933 edition)
L. H. Jenks—The Migration of British Capital to 1875 (1927). Chapters 1, 5, 7, 11. Pages 1-24, 126-157, 193-232, 326-336)
* * * * * * * * *
SUGGESTIONS FOR FURTHER READING—NOT ASSIGNED
A. Birnie—Economic History of Europe 1760-1930 (1930)
C. Day—Economic Development in Modern Europe (1933)
J. H. Clapham—An Economic History of Modern Britain—2 vol. 1926-32 [3 vols. 1926-1938]
L. Domeratzsky—The International Cartel Movement (1928)
R. J. S. Hoffman—Great Britain and the German Trade Rivalry 1875-1914 (1933)
P Fitzgerald—Industrial Combination in England (1927)
L. C .A. Knowles—The Economic Development of the British Overseas Empire, 2 vols. (1924-1930)
F. L. Nussbaum—A History of the Economic Institutions of Modern Europe (1933)
H. M. Robertson—Aspects of the Rise of Economic Individualism (1933)
L. C .A. Knowles—Economic Development in the Nineteenth Century (1932)
Source: Harvard University Archives. Syllabi, course outlines and reading lists in economics, 1895-2003. Box 2, Folder “Economics 1934-1935”
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1934-35
HARVARD UNIVERSITY
ECONOMICS 2a1
[Final. 1935.]
Comment briefly on THREE of the statements in part I, and discuss more fully TWO of the questions in Part II.
Part I
- “During the period 1785-1802 there was an increase rather than a decrease of the yeomen proper in England.”
“The Industrial Revolution was responsible for a decrease in the number of yeomen.” - “The solution for the problem of agricultural distress is to be found, as the example of Denmark clearly shows, not in protective tariffs but in coöperative organization.”
- “The Bank was right in 1811 in rejecting the main recommendations of the Bullion Committee and in thereby refusing to follow the counsels of doctrinaires.”
- “The Trade Union of today is a direct descendant of the old Gild.”
- “The fact that the landlords supported the Factory Acts and that the manufacturers agitated for the repeal of the Corn Laws indicates that both of these powerful antagonists desired the welfare of the working class and that this class, as yet unenfranchised, wielded great political power.”
Part II
- “It was the increase of population which rendered necessary the Industrial Revolution.” (Lewinski.)
“The cotton industry by its demand for the labor of women and children was chiefly responsible for the great increase of population in the towns during the generation and a half preceding the Reform Bill.”
Comment and give your own view concerning the movement of population in Great Britain and its relation to the Industrial Revolution. - “The community as a whole benefits more by falling than by rising prices.” (Layton.)
Is this statement supported by the experience of England in the nineteenth century? - Show the chief difference (giving reasons therefor) between France and Germany in railroad development and control.
- “The manifold connections and activities of British commerce and finance achieved for Great Britain in their freedom a vigorous expansion.” (Feis) Explain and exemplify.
- Summarize concisely:
- Bullion Report.
- New Unionism.
- Cobden Chevalier Treaty.
- Méline Tariff.
- Bank Act of 1844.
- Taff Vale Case.
Source: Harvard University Archives. Mid-year examinations, 1852-1943. Box 12. Volume: Examination Papers. Mid-Years, 1934-35.
Image Source: Edwin Francis Gay in Harvard Class Album 1934.