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AEA Bibliography

American Economic Association. Monographs: 1886-1896

 

Besides transcribing and curating archival content for Economics in the Rear-view Mirror, I occasionally put together collections of links to books and other items of interest on pages or posts that constitute my “personal” virtual economics reference library. In this post you will find links to early monographs/papers published by the American Economic Association. 

Links to the contents of the four volumes of AEA Economic Studies, 1896-1899 have also been posted.

A few other useful collections:

The virtual rare-book reading room (classic works of economics up to 1900)

The Twentieth Century Economics Library

Laughlin’s recommended teacher’s library of economics (1887)

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PUBLICATIONS OF THE AMERICAN ECONOMIC ASSOCIATION. MONOGRAPHS.
1886-1896

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General Contents and Index to Volumes I-XI.
Source: Publications of the American Economic Association, Vol XI (1896). Price 25 cents.

VOLUME I

No. 1 (Mar. 1886). Report of the Organization of the American Economic Association. By Richard T. Ely, Ph.D., Secretary. Price 50 cents.

Nos. 2 and 3 (May-Jul. 1886). The Relation of the Modern Municipality to the Gas Supply. By Edmund J. James, Ph.D. Price 75 cents.

No. 4 (Sep. 1886). Co-öperation in a Western City. By Albert Shaw, Ph.D. Price 75 cents.

No. 5 (Nov. 1886). Co-öperation in New England. By Edward W. Bemis, Ph.D. Price 75 cents.

No. 6 (Jan. 1887). Relation of the State to Industrial Action. By Henry C. Adams, Ph.D. Price 75 cents.

 

VOLUME II

No. 1 (Mar. 1887). Three Phases of Co-öperation in the West. By Amos G. Warner, Ph.D. Price 75 cents.

No. 2 (May 1887). Historical Sketch of the Finances of Pennsylvania. By T. K. Worthington, Ph.D. Price 75 cents.

No. 3 (Jul. 1887). The Railway Question. By Edmund J. James, Ph.D. Price 75 cents.

No. 4 (Sep. 1887). The Early History of the English Woolen Industry. By William J. Ashley, M.A. Price 75 cents.

No. 5 (Nov. 1887). Two Chapters on the Mediaeval Guilds of England. By Edwin R. A. Seligman, Ph.D. Price 75 cents.

No. 6 (Jan. 1888). The Relation of Modern Municipalities to Quasi-Public Works. By H. C. Adams, George W. Knight, Davis R. Dewey, Charles Moore, Frank J. Goodnow and Arthur Yager. Price 75 cents.

 

VOLUME III

No. 1 (Mar. 1888). Three Papers Read at Meeting in Boston: “The Study of Statistics in Colleges,” by Carroll D. Wright; “The Sociological Character of Political Economy,” by Franklyn H. Giddings; “Some Considerations on the Legal-Tender Decisions,” by Edmund J. James. Price 75 cents.

No. 2 (May 1888). Capital and its Earnings. By John B. Clark, A.M. Price 75 cents.

No. 3 (Jul. 1888) consists of three parts: “Efforts of the Manual Laboring Class to Better Their Condition,” by Francis A. Walker; “Mine Labor in the Hocking Valley,” by Edward W. Bemis, Ph.D.; “Report of the Second Annual Meeting,” by Richard T. Ely, Secretary. Price 75 cents.

Nos. 4 and 5 (Sep.-Nov. 1888). Statistics and Economics. By Richmond Mayo-Smith, A.M. Price $1.00.

No. 6 (Jan. 1889). The Stability of Prices. By Simon N. Patten, Ph.D. Price 75 cents.

 

VOLUME IV

No. 1 (Mar. 1889). Contributions to the Wages Question: “The Theory of Wages,” by Stuart Wood, Ph.D.; “The Possibility of a Scientific Law of Wages,” by John B. Clark, A.M. Price 75 cents.

No. 2 (Apr. 1889). Socialism in England. By Sidney Webb, LL.B. Price 75 cents.

No. 3 (May. 1889). Road Legislation for the American State. By Jeremiah W. Jenks, Ph.D. Price 75 cents.

No. 4 (Jul. 1889). Report of the Proceedings of Third Annual Meeting of the American Economic Association, by Richard T. Ely, Secretary; with addresses by Dr. William Pepper and Francis A. Walker. Price 75 cents.

No. 5 (Sep. 1889). Three Papers Read at Third Annual Meeting: “Malthus and Ricardo,” by Simon N. Patten; “The Study of Statistics,” by Davis R. Dewey, and “Analysis in Political Economy,” by William W. Folwell. Price 75 cents.

No. 6 (Nov. 1889). An Honest Dollar. By E. Benjamin Andrews. Price 75 cents.

 

VOLUME V

No. 1 (Jan. 1890). The Industrial Transition in Japan. By Yeijiro Ono, Ph.D. Price $1.00.

No. 2 (Mar. 1890). Two Prize Essays on Child-Labor: I. “Child Labor,” by William F. Willoughby, Ph.D.; II. “Child Labor,” by Miss Clare de Graffenried. Price 75 cents.

Nos. 3 and 4 (May-Jul. 1890). Two Papers on the Canal Question. I. By Edmund J. James, Ph.D.; II. By Lewis M. Haupt, A.M., C.E. Price $1.00.

No. 5 (Sep. 1890). History of the New York Property Tax. By John Christopher Schwab, A.M. Ph.D. Price $1.00.

No. 6 (Nov. 1890). The Educational Value of Political Economy. By Simon N. Patten, Ph.D. Price 75 cents.

 

VOLUME VI

No. 1 and 2 (Jan.-Mar. 1891). Report of the Proceedings of the Fourth Annual Meeting of the American Economic Association. Price $1.00.

No. 3 (May 1891). I. “Government Forestry Abroad,” by Gifford Pinchot; II. “The Present Condition of the Forests on the Public Lands,” by Edward A. Bowers; III. “Practicability of an American Forest Administration,” by B. E. Fernow. Price 75 cents.

Nos. 4 and 5 (Jul.-Sep. 1891). Municipal Ownership of Gas in the United States. By Edward W. Bemis, Ph.D. with appendix by W. S. Outerbridge, Jr. Price $1.00.

No. 6 (Nov. 1891). State Railroad Commissions and How They May be Made Effective. By Frederick C. Clark, Ph.D. Price 75 cents.

 

VOLUME VII

No. 1 (Jan. 1892). The Silver Situation in the United States. Ph.D. By Frank W. Taussig, LL.B., Ph.D. Price 75 cents.

Nos. 2 and 3 (Mar.-May 1892). On the Shifting and Incidence of Taxation. By Edwin R.A. Seligman, Ph.D. Price $1.00.

Nos. 4 and 5 (Jul.-Sep. 1892). Sinking Funds. By Edward A. Ross, Ph.D. Price $1.00.

No. 6 (Nov. 1892). The Reciprocity Treaty with Canada of 1854. By Frederick E. Haynes, Ph.D. Price 75 cents.

 

VOLUME VIII

No. 1 (Jan. 1893). Report of the Proceedings of the Fifth Annual Meeting of the American Economic Association. Price 75 cents.

Nos. 2 and 3 (Mar.-May 1893). The Housing of the Poor in American Cities. By Marcus T. Reynolds, Ph.B., M.A. Price $1.00.

Nos. 4 and 5 (Jul.-Sep. 1893). Public Assistance of the Poor in France. By Emily Greene Balch, A.B. Price $1.00.

No. 6 (Nov. 1893). The First Stages of the Tariff Policy of the United States. By William Hill, A.M. Price $1.00.

 

VOLUME IX

No. 1 (Supplement, Jan. 1894). Hand-Book and Report of the Sixth Annual Meeting. Price 50 cents.

Nos. 1 and 2 (Jan.-Mar. 1894). Progressive Taxation in Theory and Practice. By Edwin R.A. Seligman, Ph.D. Price $1.00, cloth $1.50.

No. 3 (May. 1894). The Theory of Transportation. By Charles H. Cooley Price 75 cents.

No. 4 (Aug. 1894). Sir William Petty. A Study in English Economic Literature. By Wilson Lloyd Bevan, M.A., Ph.D. Price 75 cents.

Nos. 5 and 6 (Oct.-Dec. 1894). Papers Read at the Seventh Annual Meeting: “The Modern Appeal to Legal Forces in Economic Life,” (President’s annual address) by John B. Clark, Ph.D.; “The Chicago Strike”, by Carroll D. Wright, LL.D.; “Irregularity of Employment,” by Davis R. Dewey, Ph.D.; “The Papal Encyclical Upon the Labor Question,” by John Graham Brooks; “Population and Capital,” by Arthur T. Hadley, M.A. Price $1.00.

 

VOLUME X

No. 3, Supplement, (Jan. 1895). Hand-Book and Report of the Seventh Annual Meeting. Price 50 cents.

Nos. 1,2 and 3 (Jan.-Mar.-May 1895). The Canadian Banking System, 1817-1890. By Roeliff Morton Breckenridge, Ph.D. Price $1.50; cloth $2.50.

No. 4 (Jul. 1895). Poor Laws of Massachusetts and New York. By John Cummings, Ph.D. Price 75 cents.

Nos. 5 and 6 (Sep.-Nov. 1895). Letters of Ricardo to McCulloch, 1816-1823. Edited, with introduction and annotations by Jacob H. Hollander, Ph.D. Price $1.25; cloth $2.00.

 

VOLUME XI

Nos. 1, 2 and 3 (Jan.-Mar.-May 1896). Race Traits and Tendencies of the American Negro. By Frederick L. Hoffman, F.S.S., Price $1.25; cloth $2.00.

No. 4 (Jul. 1896). Appreciation and Interest. By Irving Fisher, Ph.D., Price 75 cents.

 

Image Source: As of 1909 the former Presidents of the American Economic Association (S. N. Patten in the center, then clockwise from upper left are R. T. Ely, J. B. Clark, J. W. Jenks, F. W. Taussig.) in Reuben G. Thwaites “A Notable Gathering of Scholars,” The Independent, Vol. 68, January 6, 1910, pp. 7-14.

Categories
Cambridge Chicago Columbia Economists Germany Harvard History of Economics Johns Hopkins LSE Oxford Teaching Undergraduate Wisconsin Yale

Survey of Economics Education. Colleges and Universities (Seligman), Schools (Sullivan), 1911

 

In V. Orval Watt’s papers at the Hoover Institution archives (Box 8) one finds notes from his Harvard graduate economics courses (early 1920s). There I found the bibliographic reference to the article transcribed below. The first two parts of this encyclopedia entry were written by Columbia’s E.R.A. Seligman who briefly sketched the history of economics and then presented a survey of the development of economics education at  colleges and universities in Europe and the United States. Appended to Seligman’s contribution was a much shorter discussion of economics education in the high schools of the United States by the high-school principal,  James Sullivan, Ph.D.

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ECONOMICS
History 

Edwin R. A. Seligman, Ph.D., LL.D.
Professor of Political Economy, Columbia University

The science now known as Economics was for a long time called Political Economy. This term is due to a Frenchman — Montchrétien, Sieur de Watteville — who wrote in 1615 a book with that title, employing a term which had been used in a slightly different sense by Aristotle. During the Middle Ages economic questions were regarded very largely from the moral and theological point of view, so that the discussions of the day were directed rather to a consideration of what ought to be, than of what is.

The revolution of prices in the sixteenth century and the growth of capital led to great economic changes, which brought into the foreground, as of fundamental importance, questions of commerce and industry. Above all, the breakdown of the feudal system and the formation of national states emphasized the considerations of national wealth and laid stress on the possibility of governmental action in furthering national interests. This led to a discussion of economic problems on a somewhat broader scale, — a discussion now carried on, not by theologians and canonists, but by practical business men and by philosophers interested in the newer political and social questions. The emphasis laid upon the action of the State also explains the name Political Economy. Most of the discussions, however, turned on the analysis of particular problems, and what was slowly built up was a body of practical precepts rather than of theoretic principles, although, of course, both the rules of action and the legislation which embodied them rested at bottom on theories which were not yet adequately formulated.

The origin of the modern science of economics, which may be traced back to the third quarter of the eighteenth century, is due to three fundamental causes. In the first place, the development of capitalistic enterprise and the differentiation between the laborer and the capitalist brought into prominence the various shares in distribution, notably the wages of the laborer, the profits of the capitalist, and the rent of the landowner. The attempt to analyze the meaning of these different shares and their relation to national wealth was the chief concern of the body of thinkers in France known as Physiocrats, who also called themselves Philosophes-Économistes, or simply Économistes, of whom the court physician of Louis XVI, Quesnay, was the head, and who published their books in 1757-1780.

The second step in the evolution of economic science was taken by Adam Smith (q.v.). In the chair of philosophy at the University of Glasgow, to which Adam Smith was appointed in 1754, and in which he succeeded Hutcheson, it was customary to lecture on natural law in some of its applications to politics. Gradually, with the emergence of the more important economic problems, the same attempt to find an underlying natural explanation for existing phenomena was extended to the sphere of industry and trade; and during the early sixties Adam Smith discussed these problems before his classes under the head of “police.” Finally, after a sojourn in France and an acquaintance with the French ideas, Adam Smith developed his general doctrines in his immortal work. The Wealth of Nations, published in 1776. When the industrial revolution, which was just beginning as Adam Smith wrote, had made its influence felt in the early decades of the nineteenth century, Ricardo attempted to give the first thorough analysis of our modern factory system of industrial life, and this completed the framework of the structure of economic science which is now being gradually filled out.

The third element in the formation of modern economics was the need of elaborating an administrative system in managing the government property of the smaller German and Italian rulers, toward the end of the eighteenth century. This was the period of the so-called police state when the government conducted many enterprises which are now left in private hands. In some of the German principalities, for instance, the management of the government lands, mines, industries, etc., was assigned to groups of officials known as chambers. In their endeavor to elaborate proper methods of administration these chamber officials and their advisors gradually worked out a system of principles to explain the administrative rules. The books written, as well as the teaching chairs founded, to expound these principles came under the designation of the Chamber sciences (Camiralia or Cameral-Wissenschaften) — a term still employed to-day at the University of Heidelberg. As Adam Smith’s work became known in Germany and Italy by translations, the chamber sciences gradually merged into the science of political economy.

Finally, with the development of the last few decades, which has relegated to the background the administrative and political side of the discipline, and has brought forward the purely scientific character of the subject, the term Political Economy has gradually given way to Economics.

Development of Economic Teaching

Edwin R. A. Seligman, Ph.D., LL.D.
Professor of Political Economy, Columbia University

Europe —

As has been intimated in the preceding section, the first attempts to teach what we to-day would call economics were found in the European universities which taught natural law, and in some of the Continental countries where the chamber sciences were pursued. The first independent chairs of political economy were those of Naples in 1753, of which the first incumbent was (Genovesi, and the professorship of cameral science at Vienna in 1763, of which the first incumbent was Sonnenfels. It was not, however, until the nineteenth century that political economy was generally introduced as a university discipline. When the new University of Berlin was created in 1810, provision was made for teaching in economics, and this gradually spread to the other German universities. In France a chair of economics was established in 1830 in the Collège de France, and later on in some of the technical schools; but economics did not become a part of the regular university curriculum until the close of the seventies, when chairs of political economy were created in the faculties of law, and not, as was customary in the other Continental countries, in the faculties of philosophy. In England the first professorship of political economy was that instituted in 1805 at Haileybury College, which trained the students for the East India service. The first incumbent of this chair was Malthus. At University College, London, a chair of economics was established in 1828, with McCulloch as the first incumbent; and at Dublin a chair was founded in Trinity College in 1832 by Archbishop Whately; at Oxford a professorship was established in 1825, with Nassau W. Senior as the first incumbent. His successors were Richard Whately (1830), W. F. Lloyd (1836), H. Merivale (1838), Travers Twiss (1842), Senior (1847), G. K. Richards (1852), Charles Neate (1857), Thorold Rogers (1862), Bonamy Price (1868), Thorold Rogers (1888). and F. Y. Edgeworth (1891). At Cambridge the professorship dates from 1863, the first incumbent being Henry Fawcett, who was followed by Alfred Marshall in 1884 and by A. C. Pigou in 1908. In all these places, however, comparatively little attention was paid at first to the teaching of economics, and it was not until the close of the nineteenth century and the beginning of the twentieth that any marked progress was made, although the professorship at King’s College, London, dates back to 1859, and that at the University of Edinburgh to 1871. Toward the close of the nineteenth century, chairs in economics were created in the provincial universities, especially at Birmingham, Manchester, Liverpool, Sheffield, Bristol, Durham, and the like, as well as in Scotland and Wales; and a great impetus to the teaching of economics was given by the foundation, in 1895, of the London School of Economics, which has recently been made a part of the University of London.

— United States 

Economics was taught at first in the United States, as in England, by incumbents of the chair of philosophy; but no especial attention was paid to the study, and no differentiation of the subject matter was made. The first professorship in the title of which the subject is distinctively mentioned was that instituted at Columbia College, New York, where John McVickar, who had previously lectured on the subject under the head of philosophy, was made professor of moral philosophy and political economy in 1819. In order to commemorate this fact, Columbia University established some years ago the McVickar professorship of political economy. The second professorship in the United States was instituted at South Carolina College, Columbia, S. C, where Thomas Cooper, professor of chemistry, had the subject of political economy added to the title of his chair in 1826. A professorship of similar sectional influence was that in political economy, history, and metaphysics filled in the College of William and Mary in 1827, by Thomas Roderick Dew (1802-1846). The separate professorships of political economy, however, did not come until after the Civil War. Harvard established a professorship of political economy in 1871; Yale in 1872; and Johns Hopkins in 1876.

The real development of economic teaching on a large scale began at the close of the seventies and during the early eighties. The newer problems bequeathed to the country by the Civil War were primarily economic in character. The rapid growth of industrial capitalism brought to the front a multitude of questions, whereas before the war well-nigh the only economic problems had been those of free trade and of banking, which were treated primarily from the point of view of partisan politics. The newer problems that confronted the country led to the exodus of a number of young men to Germany, and with their return at the end of the seventies and beginning of the eighties, chairs were rapidly multiplied in all the larger universities. Among these younger men were Patten and James, who went to the University of Pennsylvania; Clark, of Amherst and later of Columbia; Farnam and Hadley of Yale; Taussig of Harvard; H. C. Adams of Michigan; Mayo-Smith and Seligman of Columbia; and Ely of Johns Hopkins. The teaching of economics on a university basis at Johns Hopkins under General Francis A. Walker helped to create a group of younger scholars who soon filled the chairs of economics throughout the country. In 1879 the School of Political Science at Columbia was inaugurated on a university basis, and did its share in training the future teachers of the country. Gradually the teaching force was increased in all the larger universities, and chairs were started in the colleges throughout the length and breadth of the land.

At the present time, most of the several hundred colleges in the United States offer instruction in the subject, and each of the larger institutions has a staff of instructors devoted to it. At institutions like Columbia, Harvard, Yale, Chicago, and Wisconsin there are from six to ten professors of economics and social science, together with a corps of lecturers, instructors, and tutors.

Teaching of Economics in the American Universities. — The present-day problems of the teaching of economics in higher institutions of learning are seriously affected by the transition stage through which these institutions are passing. In the old American college, when economics was introduced it was taught as a part of the curriculum designed to instill general culture. As the graduate courses were added, the more distinctly professional and technical phases of the subject were naturally emphasized. As a consequence, both the content of the course and the method employed tended to differentiate. But the unequal development of our various institutions has brought great unclearness into the whole pedagogical problem. Even the nomenclature is uncertain. In one sense graduate courses may be opposed to undergraduate courses; and if the undergraduate courses are called the college courses, then the graduate courses should be called the university courses. The term “university,” however, is coming more and more, in America at least, to be applied to the entire complex of the institutional activities, and the college proper or undergraduate department is considered a part of the university. Furthermore, if by university courses as opposed to college courses we mean advanced, professional, or technical courses, a difficulty arises from the fact that the latter year or years of the college course are tending to become advanced or professional in character. Some institutions have introduced the combined course, that is, a combination of so-called college and professional courses; other institutions permit students to secure their baccalaureate degree at the end of three or even two and a half years. In both cases, the last year of the college will then cover advanced work, although in the one case it may be called undergraduate, and in the other graduate, work.

The confusion consequent upon this unequal development has had a deleterious influence on the teaching of economics, as it has in many other subjects. In all our institutions we find a preliminary or beginners’ course in economics, and in our largest institutions we find some courses reserved expressly for advanced or graduate students. In between these, however, there is a broad field, which, in some institutions, is cultivated primarily from the point of view of graduates, in others from the point of view of undergraduates, and in most cases is declared to be open to both graduates and undergraduates. This is manifestly unfortunate. For, if the courses, are treated according to advanced or graduate methods, they do not fulfill their proper function as college studies. On the other hand, if they are treated as undergraduate courses, they are more or less unsuitable for advanced or graduate students. In almost all of the American institutions the same professors conduct both kinds of courses. In only one institution, namely, at Columbia University, is the distinction between graduate and undergraduate courses in economics at all clearly drawn, although even there not with precision. At Columbia University, of the ten professors who are conducting courses in economics and social science, one half have seats only in the graduate faculties, and do no work at all in the college or undergraduate department; but even there, these professors give a few courses, which, while frequented to an overwhelming extent by graduate students, are open to such undergraduates as may be declared to be advanced students.

It is necessary, therefore, to distinguish, in principle at least, between the undergraduate or college courses properly so-called, and the university or graduate courses. For it is everywhere conceded that at the extremes, at least, different pedagogical methods are appropriate.

The College or Undergraduate Instruction. — Almost everywhere in the American colleges there is a general or preliminary or foundation course in economics. This ordinarily occupies three hours a week for the entire year, or five hours a week for the semester, or half year, although the three-hour course in the fundamental principles occasionally continues only for a semester. The foundation of such a course is everywhere textbook work, with oral discussion, or quizzes, and frequent tests. Where the number of students is small, this method can be effectively employed; but where, as in our larger institutions, the students attending this preliminary course are numbered by the hundreds, the difficulties multiply. Various methods are employed to solve these difficulties. In some cases the class attends as a whole at a lecture which is given once a week by the professor, while at the other two weekly sessions the class is divided into small sections of from twenty to thirty, each of them in charge of an instructor who carries on the drill work. In a few instances, these sections are conducted in part by the same professor who gives the lecture, in part by other professors of equal grade. In other cases where this forms too great a drain upon the strength of the faculty, the sections are put in the hands of younger instructors or drill masters. In other cases, again, the whole class meets for lecture purposes twice a week, and the sections meet for quiz work only once a week. Finally, the instruction is sometime carried on entirely by lectures to the whole class, supplemented by numerous written tests.

While it cannot be said that any fixed method has yet been determined, there is a growing consensus of opinion that the best results can be reached by the combination of one general lecture and two quiz hours in sections. The object of the general lecture is to present a point of view from which the problems may be taken up, and to awaken a general interest in the subject among the students. The object of the section work is to drill the students thoroughly in the principles of the science; and for this purpose it is important in a subject like economics to put the sections as far as possible in the hands of skilled instructors rather than of recent graduates.

Where additional courses are offered to the Undergraduates, they deal with special subjects in the domain of economic history, statistics, and practical economics. In many such courses good textbooks are now available, and especially in the last class of subject is an attempt is being made here and there to introduce the case system as utilized in the law schools. This method is, however, attended by some difficulties, arising from the fact that the materials used so quickly become antiquated and do not have the compelling force of precedent, as is the case in law. In the ordinary college course, therefore, chief reliance must still be put upon the independent work and the fresh illustrations that are brought to the classroom by the instructor.

In some American colleges the mistake has been made of introducing into the college curriculum methods that are suitable only to the university. Prominent among these are the exclusive use of the lecture system, and the employment of the so-called seminar. This, however, only tends to confusion. On the other hand, in some of the larger colleges the classroom work is advantageously supplemented by discussions and debates in the economics club, and by practical exercises in dealing with the current economic problems as they are presented in the daily press.

In most institutions the study of economics is not begun until the sophomore or the junior year, it being deemed desirable to have a certain maturity of judgment and a certain preparation in history and logic. In some instances, however, the study of economics is undertaken at the very beginning of the college course, with the resulting difficulty of inadequately distinguishing between graduate and undergraduate work.

Another pedagogical question which has given rise to some difficulty is the sequence of courses. Since the historical method in economics became prominent, it is everywhere recognized that some training in the historical development of economic institutions is necessary to a comprehension of existing facts. We can know what is very much better by grasping what has been and how it has come to be. The point of difference, however, is as to whether the elementary course in the principles should come first and be supplemented by a course in economic history, or whether, on the contrary, the course in economic history should precede that in the principles. Some institutions follow one method, others the second; and there are good arguments on both sides. It is the belief of the writer, founded on a long experience, that on the whole the best results can be reached by giving as introductory to the study of economic principles a short survey of the leading points of economic history. In a few of the modem textbooks this plan is intentionally followed. Taking it all in all, it may be said that college instruction in economics is now not only exceedingly widespread in the United States, but continually improving in character and methods.

University or Graduate Instruction. — The university courses in economics are designed primarily for those who either wish to prepare themselves for the teaching of economics or who desire such technical training in methods or such an intimate acquaintance with the more developed matter as is usually required by advanced or professional students in any discipline. The university courses in the larger American institutions which now take up every important subject in the discipline, and which are conducted by a corps of professors, comprise three elements: first, the lectures of the professor; second, the seminar or periodical meeting between the professor and a group of advanced students; third, the economics club, or meeting of the students without the professor.

(1) The Lectures: In the university lectures the method is different from that in the college courses. The object is not to discipline the student, but to give him an opportunity of coming into contact with the leaders of thought and with the latest results of scientific advance on the subject. Thus no roll of attendance is called, and no quizzes are enforced and no periodical tests of scholarship are expected. In the case of candidates for the Ph.D. degree, for instance, there is usually no examination until the final oral examination, when the student is expected to display a proper acquaintance with the whole subject. The lectures, moreover, do not attempt to present the subject in a dogmatic way, as is more or less necessary in the college courses, but, on the contrary, are designed to present primarily the unsettled problems and to stimulate the students to independent thinking. The university lecture, in short, is expected to give to the student what cannot be found in the books on the subject.

(2) The Seminar: Even with the best of will, however, the necessary limitations prevent the lecturer from going into the minute details of the subject. In order to provide opportunity for this, as well as for a systematic training of the advanced students in the method of attacking this problem, periodical meetings between the professor and the students have now become customary under the name of the seminar, introduced from Germany. In most of our advanced universities the seminar is restricted to those students who are candidates for the degree of Doctor of Philosophy, although in some cases a preliminary seminar is arranged for graduate students who are candidates for the degree of Master of Arts. Almost everywhere a reading knowledge of French and German is required. In the United States, as on the European continent generally, there are minor variations in the conduct of the seminar. Some professors restrict the attendance to a small group of most advanced students, of from fifteen to twenty-five; others virtually take in all those who apply. Manifestly the personal contact and the “give and take,” which are so important a feature of the seminar, become more difficult as the numbers increase. Again, in some institutions each professor has a seminar of his own; but this is possible only where the number of graduate students is large. In other cases the seminar consists of the students meeting with a whole group of professors. While this has a certain advantage of its own, it labors under the serious difficulty that the individual professor is not able to impress his own ideas and his own personality so effectively on the students; and in our modern universities students are coming more and more to attend the institution for the sake of some one man with whom they wish to study. Finally, the method of conducting the seminar differs in that in some cases only one general subject is assigned to the members for the whole term, each session being taken up by discussion of a different phase of the general subject. In other cases a new subject is taken up at every meeting of the seminar. The advantage of the latter method is to permit a greater range of topics, and to enable each student to report on the topic in which he is especially interested, and which, perhaps, he may be taking up for his doctor’s dissertation. The advantage of the former method is that it enables the seminar to enter into the more minute details of the general subject, and thus to emphasize with more precision the methods of work. The best plan would seem to be to devote half the year to the former method, and half the year to the latter method.

In certain branches of the subject, as, for instance, statistics, the seminar becomes a laboratory exercise. In the largest universities the statistical laboratory is equipped with all manner of mechanical devices, and the practical exercises take up a considerable part of the time. The statistical laboratories are especially designed to train the advanced student in the methods of handling statistical material.

(3) The Economics Club: The lecture work and the seminar are now frequently supplemented by the economics club, a more informal meeting of the advanced students, where they are free from the constraint that is necessarily present in the seminar, and where they have a chance to debate, perhaps more unreservedly, some of the topics taken up in the lectures and in the seminar, and especially the points where some of the students dissent from the lecturer. Reports on the latest periodical literature are sometimes made in the seminar and sometimes in the economics club; and the club also provides an opportunity for inviting distinguished outsiders in the various subjects. In one way or another, the economics club serves as a useful supplement to the lectures and the seminar, and is now found in almost all the leading universities.

In reviewing the whole subject we may say that the teaching of economics in American institutions has never been in so satisfactory condition as at present. Both the instructors and the students are everywhere increasing in numbers; and the growing recognition of the fact that law and politics are so closely interrelated with, and so largely based on, economics, has led to a remarkable increase in the interest taken in the subject and in the facilities for instruction.


Economics
— In the Schools 

James Sullivan, Ph.D., Principal of Boys’ High School, Brooklyn, N.Y.

This subject has been defined as the study of that which pertains to the satisfaction of man’s material needs, — the production, preservation, and distribution of wealth. As such it would seem fundamental that the study of economics should find a place in those institutions which prepare children to become citizens, — the elementary and high schools. Some of the truths of economics are so simple that even the youngest of school children may be taught to understand them. As a school study, however, economics up to the present time has made far less headway than civics (q.v.). Its introduction as a study even in the colleges was so gradual and so retarded that it could scarcely be expected that educators would favor its introduction in the high schools.

Previous to the appearance, in 1894, of the Report of the Committee of Ten of the National Educational Association on Secondary Education, there had been much discussion on the educational value of the study of economics. In that year Professor Patten had written a paper on Economics in Elementary Schools, not as a plea for its study there, but as an attempt to show how the ethical value of the subject could be made use of by teachers. The Report, however, came out emphatically against formal instruction in political economy in the secondary school, and recommended “that, in connection particularly with United States history, civil government, and commercial geography instruction be given in those economic topics, a knowledge of which is essential to the understanding of our economic life and development” (pp. 181-183). This view met with the disapproval of many teachers. In 1895 President Thwing of Western Reserve University, in an address before the National Educational Association on The Teaching of Political Economy in the Secondary Schools, maintained that the subject could easily be made intelligible to the young. Articles or addresses of similar import followed by Commons (1895), James (1897), Haynes (1897), Stewart (1898), and Taussig (1899). Occasionally a voice was raised against its formal study in the high schools. In the School Review for January, 1898, Professor Dixon of Dartmouth said that its teaching in the secondary schools was “unsatisfactory and unwise.” On the other hand, Professor Stewart of the Central Manual Training School of Philadelphia, in an address in April, 1898, declared the Report of the Committee of Ten “decidedly reactionary,” and prophesied that political economy as a study would he put to the front in the high school. In 1899 Professor Clow of the Oshkosh State Normal School published an exhaustive study of the subject of Economics as a School Study, going into the questions of its educational value, its place in the schools, the forms of the study, and the methods of teaching. His researches serve to show that the subject was more commonly taught in the high schools of the Middle West than in the East. (Compare with the article on Civics.)

Since the publication of his work the subject of economics has gradually made its appearance in the curricula of many Eastern high schools. It has been made an elective subject of examination for graduation from high schools by the Regents of New York State, and for admission to college by Harvard University. Its position as an elective study, however, has not led many students to take it except in commercial high schools, because in general it may not be used for admission to the colleges.

Its great educational value, its close touch with the pupils’ everyday life, and the possibility of teaching it to pupils of high school age are now generally recognized. A series of articles in the National Educational Association’s Proceedings for 1901, by Spiers, Gunton, Halleck, and Vincent bear witness to this. The October, 1910, meeting of the New England History Teachers’ Association was entirely devoted to a discussion of the Teaching of Economics in Secondary Schools, and Professors Taussig and Haynes reiterated views already expressed. Representatives of the recently developed commercial and trade schools expressed themselves in its favor.

Suitable textbooks in the subject for secondary schools have not kept pace with its spread in the schools. Laughlin, Macvane, and Walker published books somewhat simply expressed; but later texts have been too collegiate in character. There is still needed a text written with the secondary school student constantly in mind, and preferably by an author who has been dealing with students of secondary school age. The methods of teaching, mutatis mutandis, have been much the same as those pursued in civics (q.v.). The mere cramming of the text found in the poorest schools gives way in the best schools to a study and observation of actual conditions in the world of to-day. In the latter schools the teacher has been well trained in the subject, whereas in the former it is given over only too frequently to teachers who know little more about it than that which is in the text.

See also Commercial Education.

 

References: —

In Colleges and Universities: —

A Symposium on the Teaching of Elementary Economics. Jour. of Pol. Econ., Vol. XVIIl, June, 1910.

Cossa, L. Introduction to the Study of Political Economy: tr. by L. Dyer. (London, 1893.)

Mussey, H. R. Economies in the College Course. Educ. Rev. Vol. XL, 1910, pp. 239-249.

Second Conference on the Teaching of Economics, Proceedings. (Chicago, 1911.)

Seligman, E. R. A. The Seminarium — Its Advantages and Limitations. Convocation of the University of the State of New York, Proceedings. (1892.)

In Schools: —

Clow, F. R. Economics as a School Study, in the Economic Studies of the American Economic Association for 1899. An excellent bibliography is given. It may be supplemented by articles or addresses since 1899 which have been mentioned above. (New York, 1899.)

Haynes, John. Economics in Secondary Schools. Education, February, 1897.

 

Source: Paul Monroe (ed.), A Cyclopedia of Education, Vol. II. New York: Macmillan, pp. 387-392.

Source: E.R.A. Seligman in Universities and their Sons, Vol. 2 (1899), pp. 484-6.

 

Categories
Columbia Socialism Syllabus

Columbia. Communistic and Socialistic Theories. Course Outline. J. B. Clark, 1908

 

 

The artifact transcribed for this posting consists of two pages of handwritten notes for a course that was regularly offered by John Bates Clark on socialist and communist economic theories. An earlier post included an essay written by Clark in 1879 on meanings of socialism

This is the 1000th artifact transcribed for Economics in the Rear-view Mirror. 

_______________________

ECONOMICS 109 — Communistic and Socialistic Theories. Professor CLARK.
Tu. and Th. at 2.30, first half-year. 406 L.

This course studies the theories of St. Simon, Fourier, Proudhon, Rodbertus, Marx, Lassalle, and others. It aims to utilize recent discoveries in economic science in making a critical test of these theories themselves and of certain counter-arguments. It examines the socialistic ideals of distribution, and the effects that, by reason of natural laws, would follow an attempt to realize them through the action of the state.

Source:  Columbia University. Bulletin of Information. Courses Offered by the Faculty of Political Science and the Several Undergraduate Faculties. Announcement 1905-07. p. 26.

_______________________

Econ. 109—Jan. 1908

                                                                        Practical relations

1          Definitions of Socialism.

2          Distinction bet[ween] Soc[ialism] and Communism

3          [Distinction between Socialism and] Anarchism

4          Possibility of Socialism without Communism & vice versa

5          Ancient labor movements

6          Agrarianism.ancient and mediaeval in Rome.

7          Mediaeval and early modern labor movements

8          Economic causes of the French Revolution

9          Socialism during the Rev. and the 1st Empire.

(1) theoretical           (2) practical

10        Life and teachings of Saint-Simon

11        [Life and teachings of] Fourier

12        [Life and teachings of] Proudhon

13        France under Louis XVIII and Charles X

14        The revolution of 1830

15        France under Louis Philippe

16        The revolution of 1848

17        Socialism of 1848

18        Life and teachings of Louis Blanc

19        Life and teachings of Rodbertus

(1) Relation to Ricardo’s system
(2) Theory of Crises

20        Life of Karl Marx

21        Relation of Marx’ system to that of Rodbertus

22        Marx theory of U[se] Value. Ex[change] Val[ue] & Val[ue].

Dif[ference] in
application to
goods[?] made by
same[?] L[abor]
& dif[ferent] C[apital]

23        Basis in Ric[ardo of] the Function of Money

24        [Basis in Ricardo of] Surplus Value  (later)

25        [Basis in Ricardo of] the Effect of Machinery

26        Criticism of the Surplus Value theory

27        Merits and demerits of the general Marxian System

28       Change in the character of the socialistic movement due to the growth of monopolies

29       Trade unions and their purposes

30       Socialism and the trade union movement

31       The practicability of a partially socialistic society, of a completely [socialistic society]

 

Marx Biog[raphy] Publications.

Theory—Val[ue], [unclear word] Basis of dif[ference] Exchange V[alue]–Use V[alue]

Include  App[lication?] to L

[Include] Basis of the criticism of cost of [abor]

[Include] Marx app[lied?] to goods made by dif[ferent] proportions of l[abor] and c[apital]. His solution of difficulty.

[Include] Criticism

[Include] Modern theory of imputation as app[lication?] to prod[uct?] of l[abor] and of c[apital].

[Include] Surplus val[ue] theory–Full statement. Criticism.

[Include] Effect as above of app[lication?] of th[eory] of imputation. Marx th[eory] of  effects of machinery.

 

Source: Columbia University Rare Book and Manuscript Library. John Bates Clark Papers, Box 3, Folder 23, Series II.1 “Economics 109”, 1908.

Image Source: John Bates Clark portrait from the webpage “Famous Carleton Economists“.

Categories
Johns Hopkins Socialism

Johns Hopkins. Henry Carter Adams on Socialism in Economic Thought, 1879

 

The following essay by Henry Carter Adams is added to provide another observation of what American economists in the late 19th century understood “socialism” to mean.  John Bates Clark also wrote his own essay on this topic in 1879.

____________________

THE POSITION OF SOCIALISM IN THE HISTORICAL DEVELOPMENT OF POLITICAL ECONOMY.

by Henry Carter Adams

The Penn Monthly. Vol. 10 (April 1879), pp. 285-94.

It is certainly unfortunate that Socialism, as an economic system, should be confounded with social Democracy as a political factor and a revolutionary force. The apparent object of the latter is to increase the rate of mortality among the monarchs of Europe; the object of the former is purely scientific and economic. This confusion is unfortunate, because it places Socialism at a disadvantage before the public mind, and does not allow a candid judgment of its economic importance. What this importance is can be the most easily recognized by determining its position in the historical development of the study. To state this position is the object of the present paper.

But, first of all, has Socialism any just claim to be included in the history of Economy? It is no assumption to answer this question in the affirmative. Socialism is an ideal plan of a form of society which does not now exist, but which, its advocates claim, ought to be established. To support this claim, they have criticised severely and minutely the existing system of industry, and constructed an ideal system which they present for substitution. This has a position in the historical development of Political Economy, just as the Mercantile System, the System of the Physiocrats, or the English System of Private Economy has. If it is objected that Socialism is nothing but an ideal, a dream, like Plato’s ideal state, or Sir Thomas More’s Utopia, and that one must wait until it has asserted its reality by the establishment of its plan, before incorporating it in the history of Economy, it is answered: already such has been its influence in the modification of the doctrines of English Economy, that any historic sketch of economic thought must be incomplete which does not include it. Moreover, Economic Socialism has had actual economic and political results. The former are seen in what is termed German Economy of the present. It has given life to economic thought, and guided the criticisms which the Germans have made upon Adam Smith and his school. Its political results may be traced in many of the laws of the German Empire for the last twenty years, and in the ever-increasing importance of the state in economic industrial life. The [286] economic discussions, also, of the last ten years, could not be understood or in any way explained, if the writings of Carl Marx, who, in many respects, may be likened to Ricardo, were dropped from economic literature; or if the political agitations and philosophical writings of Lassalle, who, at nineteen, was a personal friend of Humboldt, were not admitted in the solution. Socialism has, of its own right, a position in economic history; and he who properly understands that position holds the key to the great economic problem of the present day.

A hasty sketch of the economic systems since the year 1500 is, for our purpose, indispensable. The difference in method between the Mercantile System and that of the Physiocrats is, that while the latter proceeded from theory to practice, the former developed from practice to theory. With the Physiocrats, for the first time, was there an economic theory opposed to existing commercial and industrial conditions. The Mercantile System sprang from the physical conditions and political life of the sixteenth century; the doctrine of the Physiocrats, on the other hand, as well as that of Adam Smith, was born of philosophical abstractions.

With the sixteenth century, entirely new factors entered into the world’s life, and for three centuries guided its history. These factors, so far as they are physical, were three great inventions: the invention of printing, of gunpowder, and of the mariner’s compass. These are of so great importance, that to trace in full their wonderful workings would be to write the subsequent history of the Christian world. The most significant of these factors, in its effect upon the economic life of the centuries which followed, is the mariner’s compass. By means of it the road to India was made secure, and the new world, with its rich mines, discovered. Under its guidance, Europe was brought into intimate connection with the decaying civilization of the East, whose peoples were glad to exchange the products of their luxurious climate, and their accumulated treasures, for the products of the industry of the West. In America, too, the rapid growth of the quickly-planted colonies gave rise to a constantly-increasing demand, which Europe alone could supply. To meet these demands, the industries of the Old World were developed, and out of this relation between manufactures and commerce and the political condition of Europe, grew the Mercantile System.

[287] The underlying principle of Mercantilism was, that the precious metals alone constituted wealth. For nearly three centuries this idea worked unquestioned and unrestrained, until, in the latter part of the eighteenth century, Europe found herself, both politically and economically, in a disastrous condition. Governments had left their proper sphere, and monarchs had transformed themselves into great merchants; the interests of individuals and classes were neglected, because it was firmly believed that if a nation but held gold and silver within its territorial limits, its citizens must be rich and happy; monopolies were established in every branch of industry, patents and grants were issued without number, while laws were framed, entering into the details of life, and even into the minutiae of burial, for the purpose of creating a home market; the agricultural was subordinated to the manufacturing industry, and even in agriculture, that which produced bread-stuffs was in its turn subordinated to that which produced raw material for manufacture. With its three centuries of unrestrained working, this idea affected one thing besides. The middle class of the sixteenth century had disappeared, but a new class had been created in society, which, in the Revolution of 1789, took the name of the Third Estate. Of what was this Third Estate composed? The answer to this question is of significance in our present inquiry. This Third Estate was composed of that class in society under whose name the gold and silver of the world were held;—it  is that class which is now ruling the world. The great object of the Mercantile System had been effected. The countries of Europe held the precious metals, in amounts which would have been considered fabulous in the fifteenth century; still her people were more dissatisfied than ever; the misery of want had not disappeared from her borders.

About the middle of the eighteenth century, a Frenchman, Thomas [sic! François is intended] Quesnay, undertook to discover the cause of the misery of the agricultural classes in France. The writings of the school which he founded hold an important position in the development of economic thought. To understand this school, the philosophy of the day must not be forgotten. This was the philosophy of nature. To say that an institution was based upon nature, or to discover in any movement a natural law, was considered sufficient ground for its acceptance. It was the time of Rousseau and the [288] Contrat Social, when the phrase, “All men are by nature free and equal,” was pleasing the fancy of the enthusiastic French and their admirers. Still, this principle was recognized as being sadly out of harmony with many actual conditions; for example, how could the monopolies and hierarchies of the commercial and industrial world, which, according to the existing theory, were necessary, be explained? Could this principle of freedom be applied to economic life? This question the Physiocrats answered in the affirmative, by claiming to have discovered a “law of nature ” capable of regulating all economic movements, if only the unnecessary and disastrous interference of government were removed. This “law of nature” is all that remains of the Physiocrats. This law was accepted by Adam Smith, and appears in English Economy, in a new form and under a new name, as the law of supply and demand: the principle upon which is based the maxim of free competition. The characteristic feature of English Economy is the theory that the truest adjustment of economic society will come about by permitting the economic forces unrestrained activity. The reasoning upon which this is based is very simple: each individual knows better than any one else what is for his own interest, therefore society, which is a collection of individuals, will attain the most harmonious and satisfactory conditions by allowing to each person his free choice. By means of this force of self-interest is all economic activity explained; and further, if perfect freedom of action is permitted, whatever is found to result from the working of this force must be accepted as satisfactory, at least as unchangeable, for it contains in itself the ground of its own justification, in that it is in harmony with the principle of competition. The means through which competition works is the open market, where the law of supply and demand is recognized as supreme arbitrator. The actual price of products, or of labor, which is determined by this law, must be the just price, and, as such, should be accepted without question. If any individual should be so unfortunate as to be financially ruined thereby, or any class in society finds itself in a condition of want and misery, society is unblamable. The individual should have been more cautious, or, in technical language, sharper: the class should exercise more prudence. The universal postulate of this system is, that if proper freedom be allowed, every member of society must [289] find his proper sphere of activity and proper grade in the social organism, according to the degree of his talents and strength; and also, that the remuneration which he receives at the hands of society, through the open market, must be in proportion to the efficiency of his labor and sacrifice. The ultimate result of the workings of this force, according to Bastiat, will be perfect harmony of apparently conflicting interests.

We are now in a position to introduce our socialistic critics. The writings of Saint Simon, Fourier, and Robert Owen may be passed over without consideration. Their plans were communistic rather than socialistic, and most of their criticisms have been abandoned. Louis Blanc is the founder of Socialism of the present, although the German writers, Engels, Marx and Lassalle, have developed his plan and intensified his criticisms to such an extent, that they are now hardly recognizable. The first three of the six propositions upon which Blancism is built are as follows:

  1. The deep and daily increasing misery of the lower classes (du peuple) is the greatest misfortune.
  2. The cause of the misery in which the lower classes live is competition.
  3. This competition, which is the support of the possessing class (la bourgeoisie, or capitalists), is the cause of their ruin.

Sismondi, an earlier French writer, had pointed out the undesirable tendencies of unrestrained competition, but Blanc was the first who went so far as to charge it with the evils of the present industrial system, and to hold it responsible for the misery of want in which the lower classes live. It is this principle of competition against which Socialism aims all its blows; to so reconstruct industrial society, that this force shall not appear in it as the supreme arbitrator in the division of products, is the one object of all socialistic study.

The optimistic views which the advocates of the system of free competition profess, are based, according to socialistic critics, partly on false and partly on assumed propositions. They are the result of à priori reasoning and do not stand the test of a comparison with fact, and, further, in the reasoning itself, the unfavorable side of free competition has been overlooked. Among the propositions charged as false, are the following: that economic relations are developed according to any natural and therefore necessary [290] law; that each individual understands the best his own economic interests, and that each one, in forwarding his own, forwards the interest of society; that each member of society is entirely responsible for his own economic success or failure; and, above all, that harmony of interests can result from the strife of competition. Among the claims of the English school, which are criticised as unproven assumptions, are two characteristics of Socialism: First, that any interference on the part of the state with economic activity would be injurious to economic life, or, in other words, it is an assumption that the laissez faire policy of government is the true policy; and second, that the price of products and labor, or of interest and rent, dictated by the law of supply and demand, must be the fair and proper price, from which there is no appeal.

From these criticisms, one may easily determine the relation which socialistic economy holds to English economy. The particular complaint, however, which socialists urge against the prevalent system is, that it is unfair to the laborer. This complaint takes the following form: that the price of labor, as indicated by wages determined by the law of supply and demand, is no fair equivalent for the activity and sacrifice of the laborer. The extreme socialists claim that labor is the source of all wealth, and therefore, that all wealth belongs to the laborer, a very straightforward and satisfactory solution of the problem now troubling the century, if the premiss were only true. Other critics of the system of free competition, some of whom are socialists and some not, take the ground that, in industrial society of the present, the law of supply and demand cannot work its legitimate results; that there are other factors, the most important of which is ignorance, which opposes its free working, and that, as Louis Blanc has said, the principle of free competition which is the support of the possessing class, is the cause of the laborer’s ruin. Of the truth of this statement there is little room to doubt. That the condition of the laborer is very bad, indeed, as bad as possible, English economy freely admits. Thus, Ricardo showed that there was a tendency for the laborer to receive the least amount of wages possible for the support of life and strength; Mill formulated the law of wages which declared the same fact; Thornton endeavored to disprove the law, and succeeded so far as to show that it did not properly express the disadvantage at which it was necessary for the laboring class [291] to enter into this competitive strife with the capitalist. This, however, is no proper place to discuss the wages question; the above statements were introduced to show that the criticism of the socialists in favor of the laborer is no creation of their own fancy, but the statement of a somewhat startling fact.

The position of Socialism in the historical development of Political Economy, may be clearly stated by comparing the four following points in socialistic thought, with analogous points in previous systems:

  1. The point of view from which society is contemplated.
  2. The productive principle which is incorporated in the system.
  3. The department of economic investigation to which it gives prominence.
  4. The principle which it accepts as giving direction to all economic activity, and as supreme arbitrator between conflicting economic interests.

And first, with reference to the point of view from which society is contemplated. English economy considers society as a collection of individuals. The individual stands in the foreground; man is the unit, and as such he is studied. The system is a system of private economy. On the other hand, the socialist studies individuals as members of classes, and classes as parts of society. Society is the unit of investigation. Public economy, people’s economy, or class economy, is to take the place of private or personal economy. He contemplates the individual as part of the social organism. If personal and social interests conflict, there is no necessity to prove that the individual is in error in thus being out of harmony with society, his interests must be subordinated to the united wishes of other members of society. This is nothing more than the legal conception of true liberty introduced into Economy. That Socialism has carried the application of these views too far, may not be denied, but the position is well taken, and the system will receive the credit at the hands of all fair economic historians, of having successfully criticised the one-sided view of previous economists.

The second comparison is with reference to the productive principle incorporated into the socialistic system. The three productive forces which must be accepted in every complete economy, are land, capital and labor. The history of economy presents a peculiar [292] fact, namely, that three systems of industrial organization have been formed in which each of these forces has been respectively exaggerated at the expense of the other two. The doctrine of the Physiocrats was, that land is the source of all wealth. They defined rent as the free gift of nature, or the excess of the product of the land over that which justly compensated for the labor of tillage. Therefore, the one object of the Physiocrats was to increase the rent on land. Adam Smith corrected this one-sided view. Theoretically, his system was a perfect system in that it recognized the three productive forces. In fact, however, the system of private economy which Adam Smith founded, is the capitalist’s economy. Socialism has accepted the third productive force and based its system upon it. It is the laborer’s system of economy, its fundamental economic proportion being, that labor is the source of all wealth. Capital, according to both Marx and Lassalle, is built from the difference between what the laborer actually produces and what he receives in wages. The system as a system cannot survive, because this, its fundamental principle, is false. Labor is not the source of all wealth, at least as that word is defined by socialistic writers. The historian of the future will probably say that it was necessary for a century of unrestrained working to have been given to the private economy of Adam Smith, in order that the great importance and true position of capital, which, in all the previous life of the world had not been recognized, should be disclosed, but that, this having been accomplished, it was equally necessary that the reacting school should have exaggerated another productive force, to draw attention to the undesirable tendencies of the unrestrained principle of free competition, in order that the consequences of an undue supremacy of material possessions should be averted, and I think the judgment of the future will declare the historian to be right.

The third point of comparison concerns merely Socialism and the English system, and is with reference to the department of economic investigation to which each gives prominence. The school which Adam Smith founded has devoted its energies almost exclusively to the department of the production and exchange of wealth. In this sphere its results have been wonderful. The nineteenth century will take its place in history as the century of great inventions in the sphere of production and transportation. [293] This, socialistic writers recognize, and they admit candidly that this highly desirable result is the legitimate consequence of the working of the principle of self-interest as incorporated in English economy, but they claim that production is not all of the economic problem. A proper, equal and economic distribution is as essential, they say, to a harmonious and successful economy as intense production, They therefore have directed their attention to the distribution of wealth; in this department is included all of their studies. Taken by itself, Socialism is as one-sided as the system it criticises, but taken in connection with English economy, so far as this point is concerned, it appears as its harmonious complement and as such it will live.

The fourth and last comparison, which considers the principle of arbitration between conflicting interests, lies wholly in the department of distribution. As we have already seen, this principle, in English Economy, is free competition. We have also noticed the criticisms upon its workings which have been offered. That which is proposed by the Socialists as a substitute for this force, which shall give direction to all economic activity and serve as supreme arbitrator, is the State. This idea that the State should be introduced into industrial life, is also accepted from the teachings of Louis Blanc. This idea of an economic state will prove to be the important historical idea of Socialism. It will live as leading to two new schools of Political Economy; the one of which incorporates the idea into its teachings and makes it the foundation of its system, the other, while admitting the ground to be tenable for which the interference of the State is demanded, will attempt a solution of the problem of just distribution upon the old laissez faire principle. The first already exists in the rapidly-developing school of German Political Economy. According to this teaching, the only question calling for serious consideration is one of degree: how far shall the State be allowed to assume the character of a private producer? It finds the application of its principle in the administration of the State railroads, telegraphs, post, and express; in the management of public domains and forest, and in all those enterprises that are undertaken by the State and carried on as private enterprises, with the single exception that they are carried on not for profit to the State, but in the interest of the people. This school has also developed an entirely new system of Finance. The [294] German method of study and skill of systemization are greatly to be admired, and, so far as practicable, to be appropriated; but when one considers the principles upon which their Economy and Finance are based, these are found to be, in their extreme application, inappropriate to the political and industrial conditions of the United States. It is, moreover, difficult to see how they are to be applied in England and France. Out of this necessity, the error which has shown itself in English Economy on the one hand, and the inadaptability of German Economy to a free government on the other, must arise a new school, or, at least, a radical reformation of the old. A new problem is to be solved. How can the principle of competition be so restrained that its beneficial results may be retained, and its detrimental workings hindered? There is no country in the world where the political and economic conditions are so favorable for the solution of this problem as the United States. America must repudiate the centralizing tendency of German Economy, because that tendency is opposed to the ideas upon which the government is founded; but, on the other hand, another century of unrestrained activity of private enterprise will itself contradict the theory of freedom, and destroy that government. From this dilemma must arise an American Political Economy,—an Economy which is to be legal rather than industrial in its character.

H. C. ADAMS, PH. D.,
John[s] Hopkins University.

Image source: Henry Carter Adams Page at the NNDB website.

Categories
Harvard Salaries

Harvard. Salary of the economics department secretary, Miss A. Pauline Ham, 1911-12

 

In an earlier post we encountered Martha P. Robinson, the Harvard secretary responsible for the economics tutorial program from 1935 to at least 1954. Today we have a short post that documents the salary of Miss Annie Pauline Ham that was covered by the economics department, the Quarterly Journal of Economics, and the central university budget at Harvard.

Two salary numbers for comparison:  Allyn A.Young’s visiting position at Harvard (1910-11) was budgeted for $4,000 (Dec. 10, 1910 letter of Taussig to President Lowell in President Lowell’s Papers, 1909-1914. Harvard University Archives, Box 15, Folder 413). Thus Miss Hamm was paid one fifth of what Allyn A. Young was paid. Incidentally,  John Bates Clark salary that year at Columbia was $5,000

________________

Annie Pauline Ham
Vital Data

Born 20 March 1881 (Shapleigh, York County, Maine), died 1 July 1968 (Lenox, Berkshire County, Massachusetts.  Father: Marcus L Ham and Mother: Martha Ann Ham.  Buried at the Riverside Cemetery in Springvale , York County, Maine.

Source: Find A Grave Webpage for Annie Pauline Ham.

________________

Census data

1910. 27 year old Pauline Ham (born in Maine and working as a teacher; incidentally, a fellow roomer was Harry N. Gardiner, a Smith college professor of psychology and philosophy), at 23 Crafts Ave. Northampton (Ward 1) Massachusetts.

1920. 38 year old, single Annie P. Ham (born in Maine and working as a secretary in the university) was one of four roomers  living at the home of John J. and Nattie M. Ritchie, 29 Mail Street, Cambridge (Ward 8), Massachusetts.

________________

Letter to Taussig

June 26, 1911

My dear Professor Taussig:—

Confirming our telephone conversation of this morning, I wish to state that Mr. Blake has agreed to the apportionment of Miss A. P. Ham’s salary, provided she is retained.

Salary of Miss Ham to be $65 per month, or $780 a year, of which three months, or $195, is chargeable to the President’s office, and nine months, or $585, is chargeable to the Department of Economics–$485 goes to the account of the Department appropriation, and $100 goes to the account of the Quarterly Journal of Economics.

I am also enclosing the letter from Chancellor Strong about which I spoke to you.

Very sincerely,
CCL
Secretary

 

Professor F.W. Taussig
Enclosure

________________

HARVARD UNIVERSITY
Department of Economics

Cambridge, Massachusetts
August 3, 1912.

Dear Mr. Hunnewell:

I believe there is a misunderstanding regarding the salary for the current year (that is, for the fiscal year beginning July 1st of Miss A. Pauline Ham, who acts as secretary for the Department of Economics, and is during the summer months also at work in University Hall. When making out the Department budget in May, I arranged with Mr. Blake that Miss Ham’s salary should be $70, and arranged also for the mode in which her total salary for the year 1912-’13 was to be apportioned between the Department of Economics, the staff in University Hall, and the Quarterly Journal of Economics.

Unfortunately, my memoranda regarding this matter are not on file at my house in Cambridge and I cannot get at them. I trust enough is on record in your office to authorize the settlement of Miss Ham’s salary at the revised figure, namely $70 per month. If you wish to see the papers which are in […]

 

Source:  Harvard University Archives. President Lowell’s Papers, 1909-1914. Box 15, Folder 413 (1909-14).

Categories
Barnard Columbia Economics Programs Gender Undergraduate

Columbia. Splitting the costs. Department of Economics v. Barnard College, 1906-9

 

The growing pains of the modern university can be seen in attempts to mould ad hoc understandings made earlier into long-term, binding, and explicit rules and regulations. We see this in E. R. A. Seligman’s untiring reminders to the Columbia University central administration and to Barnard College deans as to how to manage the legacy of having first hired John Bates Clark to fill a Barnard position while swapping Clark Barnard hours with the Department of Economics in the Faculty of Political Science hours, either by having department professors offer courses in Barnard College or by allowing Barnard women to take Columbia College or graduate courses. It was complicated, leaving plenty of room for misunderstandings. Seligman can be seen in the following memo and letters to have been one smooth intra-university operator. Still we come away (at least hearing his side of the story) that he would neither give nor take an inch. His motto apparently: Pacta sunt servanda.

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MEMORANDUM AS TO PROPOSED CHANGES IN THE FINANCIAL ARRANGEMENT BETWEEN BARNARD COLEGE AND COLUMBIA UNIVERSITY IN RESPECT TO THE DEPARTMENT OF ECONOMICS. [Carbon copy, 1906]

I. HISTORICAL STATEMENT.

In 1895 a friend of Barnard College established for three years the Professorship of History and the Professorship of Economics, on the understanding that each of these departments should offer a corresponding amount of separate instruction to Barnard seniors and graduates, and that the Barnard Corporation would endeavor to maintain these Professorships after the expiration of such term. It was arranged that these professors should lecture at Columbia as well as at Barnard, and that for every course given by them at Columbia, a course should be given at Barnard by them or their departmental associates. The normal number of lectures by a professor was fixed at six; so that the Professor of Economics gave 2 hours at Barnard, the other four being supplied by his colleagues.

In 1898 Barnard College agreed to continue those professorships; and as a recognition of the action of the Barnard Trustees, the Faculty of Political Science decided to open to women holding a first degree, the graduate courses in History and Economics.

When Barnard College was incorporated into the educational system of the University, this arrangement was perpetuated. The 5th and 6th Sections of the Agreement of June 15, 1900, read in part, as follows:

“On and after January 1st, 1904, all of the instruction for women leading to the degree of B.A. shall be given separately in Barnard College……Barnard College will assume as rapidly as possible all of the instruction for women in the Senior year ****** and undertakes to maintain every professorship established thereof or an equivalent therefor shall be rendered in Barnard College; and when means allow, establish additional professorships in the University which shall be open to men and women, to the end that opportunities for higher education may be enlarged for both men and women.

The University will accept women who have taken their first degree on the same terms as men, as students of the University and as candidates for the degree of M.A. and Ph.D. under the Faculty of Philosophy, Political Science and Pure Science, in such courses as have been or may be designated by those Faculties, with the consent of those delivering the courses.

From the foregoing it is clear that so far as the Faculty of Political Science is concerned the opening of the University courses to women was in return for the establishment and maintenance of the professorships, and Barnard College thus declared itself ready to pay one-third of the salary of the professors of Economics, at that time three in number. In addition, Barnard College paid for the Junior work under the Department of Economics.

On this basis the whole system has reposed and has been continued. Changes in the personnel have been made in the mean time, and the instruction given to Juniors by the Department of Economics has been strengthened. Two professors, (or as during this year a professor and an instructor) have taken the place of what was originally an assistant. These changes, which called for an additional outlay on the part of Barnard College, were made with the consent of Barnard.

The Department of Economics and Social Science as it existed up to last spring, has kept strictly to the letter of the agreement. At an earlier period Professor Giddings had agreed to give at Barnard College a course in sociology in return for a suitable compensation. In 1900, however, he ceased to be paid an additional sum and his two hours were counted with the consent of Barnard College toward the six due from the Department, the other four being provided by Professors Seligman and Clark. In 1902 two additional hours were given at Barnard College by the new instructor, Professor Moore. Since then the Department has provided six hours of instruction at Barnard College, (two hours by Professor Clark, two by Professor Seager, and two by Professor Giddings.) It has given an additional two hours by Professor Moore to the Seniors, and it has put the Junior work in the hands of Professors Moore and Johnson (this year [word torn off from corner] Moore and Dr. Whitaker.) Every course given to the Columbia College undergraduates is duplicated at Barnard College, with the exception that it seemed unwise to the Barnard authorities to give the course on Taxation and Finance as being somewhat too remote from the interests of the Barnard undergraduates. The substance of this course is however included in that given by Professor Seager. This explains the fact that 12 hours are given at Barnard College whereas 14 hours are given at Columbia College. This arrangement was made with the consent of the Barnard authorities. In 1906 again with the consent of Barnard College, Barnard Seniors were admitted to the course of Prof. Giddings at Columbia, the Barnard course being discontinued. This arrangement has, however, not yet received the permanent sanction of the Faculty of Political Science.

Although Barnard College is not only getting all that was bargained for at the time, and although it has in addition the services of a full professor for both Senior and Junior work (Prof. Moore.), and although the proportion of the original expense of the Department of Economics paid by Barnard College was at the outset considerably over e4%,–being one-third of the salaries of the professors plus a payment for the Junior work, the proportion of the total expense of the Department of Economics and Social Science borne by Barnard College has now been reduced to 29.19%, Barnard paying at present $8350 out of a total budget of $28,600.

 

Barnard pays:

Columbia pays:

Seligman $5000
Giddings $5000
Seager $3500
Moore $1750
Clark $5000 Devine $3500 University Courses
Moore $1750 Simkhovitch $500
Whitaker $1600 Tenney $1000
$8350 $20250 Total $28600

 

In other words Barnard College receives more than it originally did and pays proportionately less.

 

II. WHAT SHOULD BE THE SHARE OF BARNARD COLLEGE.

Up to the year 199[blank] Barnard College made a money contribution to Columbia for each of the women graduate students enrolled, under the Faculties of Political Science, Philosophy, and Pure Science. In that year the money contribution was abandoned, and since then women graduate students have paid their fees directly to Columbia. It might be claimed by Barnard College that this new arrangement absolved it in future from all financial responsibility for or interest in the purely university (graduate) work. This claim is however, negatived by the provisions of the agreement of June 15, 1900 still in force, whereby Barnard College obligated itself to “maintain every professorship established at its instance” and to “establish additional professorships in the University upon foundations providing for courses which shall be open to men and women.” These contractual obligations are in no wise impaired or weakened by the modification subsequently introduced in the method of payment of fees by women students.

It might again be claimed that the financial obligations of Barnard are reduced whenever a Senior course, hitherto repeated at Barnard, is given only at Columbia, but open to Barnard Seniors. This claim, however, is likewise inadmissible if the change be made by and with the consent of Barnard College. For as long as the Barnard undergraduates receive the instruction, and as long as the Barnard authorities consent for any reason, that this instruction be given at Columbia, the financial obligation cannot be deemed to be impaired. As a matter of fact, this situation has not permanently arisen in the department of Economics and Social Science. In only one case, that of the Senior course by Professor Giddings, has a purely provisional arrangement been made for the year 1906-’07, with the understanding and the express statement on the part of the Barnard authorities that this would make no difference whatever in the financial arrangement for the year. It was on this understanding that the scheme was provisionally ratified by the Faculty of Political Science.

No opinion is here expressed by the Department of Economics as to the desirability of opening Senior courses at Columbia to Barnard students. It may be that for pedagogical reasons it is desirable in some cases to repeat courses at Barnard, or in other cases to admit Barnard Seniors to the Columbia courses. It may also be desirable to utilize the services of a professor, hitherto repeating a Senior course at Barnard for instruction in one of the lower classes at Barnard. But whatever decision may be reached by the Barnard authorities in conjunction with the Department of Economics, it is clear that this will not change the financial obligations of Barnard, as long as the Barnard undergraduates receive the same amount of instruction as before.

If it be maintained that the existing contract should be abrogated, the question arises: What share should Barnard College in equity contribute to the expenses of the Department? This question may be discussed on the basis of the number of hours given by the members of the department at Barnard College, at Columbia College, and in the University courses which are open to men and women graduates.

In any such computation it must be recognized that some part of the cost of the graduate instruction should be borne by Barnard College. For, irrespective of the existing contract, it cannot be claimed that women ever possessed a right to share in the advantages offered by an institution, originally established and endowed for the instruction of men without making some proportionate contribution to the support of that institution. The force of this argument is strengthened when it is remembered that every student costs the University more than he or she pays and that every increase in the student body entails the necessity of increasing the teaching course and of providing additional lecture rooms, educational appliances and library facilities.

It is for this reason that in any estimate of the share of the University expenses which is to be borne by Barnard College, a proportionate share of the expense of graduate instruction should be allotted to that institution.

On this assumption, the figures would be as follows:

 

Hours given

Barnard College

Columbia College

University

Clark

2

2 (109-110)

3 (205-6 & 291)

Seligman

3 (1 & 101-102)

3 (203-4 & 292)

Seager

2

2 (105-106)

2 (233 & 289)

Moore

3

1 (104)

2 (210 & 255)

Whitaker

3

4 (1-2)

Giddings

2

2 (151-152)

3 (251-2 & 279)

12

14

13

 

For undergraduate instruction

For Professors giving undergraduate instruction

Barnard pays:

Columbia pays:

Seligman

$5000

Clark

$5000

Moore

$1750

Moore

$1750

Seager

$3500

Whitaker

$1600

Giddings

$5000

$8350

$15250

=Total $23600
In addition Columbia pays for Purely University work

$5000

Grand Total

$28600

Total hours given as above by Professors giving undergraduate instruction = 41.

There is thus chargeable to:

The University 15/41 of $23600 = $8635 + $5000 = $13,635
Columbia College 14/41 of $23600 = $8,058
Barnard College should pay 12/41 of $23,600= $6907
                                                + 1/3 of $13,635= $4543[sic]
$11450

 

Barnard gets 12 hours to Columbia’s 14 and both share equally in the University work, although Barnard is here charged with only 1/3, not ½ of the purely university expenses. Yet Barnard pays $8350 instead of $11,450.

In the above computation Barnard College is charged with 1/3 of the purely university instruction because this was the proportion as arranged when the original professorship was established. On the basis, however, of the actual enrolment of women students the obligation of Barnard College would be slightly less. In the year 1906-07 there re-enrolled (not counting duplicates) in the purely university courses 60 women out of 251 students or 23.90%, i.e. roughly ¼. The contribution of Barnard College on this basis ought then to be: 12/41 of $23,600 = $6,907 + ¼ of $13,635 = $3,490 [sic, should be $3409] or a total of $10,316 in lieu of $8350, the present payment.

 

III. THE REDUCTION CONTEMPLATED BY BARNARD COLLEGE.

Although the authorities of Barnard College have not yet formulated any definite scheme it is understood that they have in contemplation a plan which calls on the one hand for a considerable reduction of the contribution, and on the other hand, the opening to Barnard Seniors of several Senior courses at Columbia College to make good the reduced facilities at Barnard College. In other words, Barnard College does not propose more opportunities with the same contribution as hitherto, nor does it demand the same opportunities with a smaller contribution; but it suggests more opportunities with a smaller contribution.

In considering the contemplated proposition of Barnard College it must finally be remembered that the Department of Economics has been built up on the assumption that the original scheme would be adhered to. All the instructors giving courses in Barnard College have been called with the advice and consent of Barnard College. Some of them have been put in part on the Barnard salary list. The contractual obligation “to maintain the professorships established at its instance” clearly attaches to the new professorships, which were established in 1902 in the department of Economics at the joint instance and expense of Barnard and Columbia. Any financial comparison between the Department of Economics and other departments on the basis of relative hours of instruction given at Barnard College is not pertinent in view of the contractual obligations hereinbefore recited. Barnard College entered at the outset into a definite contractual relation which has been perpetuated by the agreement of 1900 and which has not been impaired by the minor changes of 190[blank] hereinbefore referred to. Above all, the admission of women to university courses was arranged as a quid pro quo, and is specifically restricted in the agreement of 1900 to such courses “as have been or may be designated by these Faculties, with the consent of those delivering the courses”.

It is sincerely hoped that no action will be taken that might imperil this arrangement and that Barnard College may see its way, if not to make what it here suggested as an equitable contribution, at all events to maintain the status quo so that on the one hand Columbia may not be made to assume a still heavier burden, or that on the other hand the department of Economics may not be seriously crippled in its endeavor to provide adequate instruction at Columbia and Barnard alike.

Source:  Columbia University Libraries, Manuscript Collections. Papers of Edwin Robert Anderson Seligman. Box 36, Folder “Barnard 36-37”.

____________________

Letter of Seligman to Gill [carbon copy]

New York, December 30, 1906.

Miss Laura D. Gill, Dean,
Barnard College, Columbia University
New York City.

My dear Miss Gill:

Your letter of December 13th was received shortly before the Holidays. In reply, I would say that several weeks ago, at the request of the University authorities I submitted to the Committee on Education of Columbia University a detailed memorandum giving facts and suggestions as to the financial arrangements between Barnard College and Columbia University so far as the Department of Economics is concerned. That matter has now passed out of my hands entirely.

Let me however call your attention to the fact that these suggestions contained in your letter will require action not alone by the Department of Economics, but also by the Faculty of Political Science, as well as by the Faculty of Columbia College. If the recommendation contained in my memorandum to the Trustees were carried out, I think that I could urge the Department of Economics to prevail upon the Faculties concerned to take action in accordance with your wishes; but I am quite decidedly of the opinion that until some definitive financial arrangement is entered into between Barnard College and Columbia University, so far as the Department of Economics is concerned, it will be hopeless for the Department of Economics to expect any action whatever on the part of the Faculties concerned; and without such action nothing could of course be done.

Again assuring you of my readiness to co-operate with you and to take up the matter with the Department and with the respective Faculties as soon as we can learn from the Committee on Education what the financial arrangements are for next year,

I remain
Very respectfully yours

[E.R.A. Seligman]

 

Source:  Columbia University Libraries, Manuscript Collections. Central Files 1890-. Box 338, Folder 13 “Seligman, Edwin Robert Anderson 7/1904-12/1910”.

____________________

President Butler to Seligman [carbon copy]

December 28, 1908

Professor E. R. A. Seligman,
324 West 86 Street,
New York

My dear Professor Seligman:

I beg to hand you for your information an important letter which I have received today from the Acting Dean of Barnard College. Mr. Brewster points out that Barnard, under the present arrangement, is not securing its just due in the matter of economics teaching. Will you give this matter your attention and offer such suggestions as seem to you appropriate as to how the situation can be bettered?

Very truly yours,
President

 

Source:  Columbia University Libraries, Manuscript Collections. Central Files 1890-. Box 338, Folder 13 “Seligman, Edwin Robert Anderson 7/1904-12/1910”.

____________________

Seligman to President Butler

Columbia University
in the City of New York
School of Political Science

January 4, 1909

President Nicholas Murray Butler,
Columbia University, City.

My dear President Butler:

In reply to your letter of December 24th, 1908, I take pleasure in stating that I had a very satisfactory talk with Acting Dean Brewster a few days ago. I am enclosing to you herewith copy of the letter which I have sent to him as to the historical development, and which explains itself.

As to the new scheme, permit me to state that in my Budget letter I assumed that there would be hereafter in the second term in the Junior course at Barnard, four sections, as is now the case in the first term. It was on that assumption that I made the recommendations as to assistants.

I quite agree with Acting Dean Brewster that if the situation is to remain as at present, namely, nine hours in the first term and five hours in the second term, the new Adjunct Professor will be entirely competent to take charge of this. That would mean an average of seven hours per week, and as he is to do three hours’ work at Columbia that would mean a total of ten hours per week, which is not excessive. This would, however, reduce the Budget at Barnard from $2,700 to $2,500.

On the other hand, if, as there now seems to be some possibility, the Committee on Instruction of Barnard College decides to make the second term work nine hours (with four sections) the Acting Dean of Barnard agrees with me that the work will be a little too much for one man, and that he ought to have the aid of at all events the part time of an assistant.

Upon the decision to be reached, however, depends therefore the final recommendation of the Department for the assistants in the University as a whole. If no assistance is required at Barnard College the Department of Economics will be able to get on, although with some difficulty, with one high-class tutor, for his work will be to take charge not only of three of the four sections at Columbia, but also of the three new sections in the School of Mines, and this would mean the assumption by Columbia of his salary of $1,000. On the other hand, if the additional work is taken up at Barnard, it will be imperative to have a second man as assistant, at a salary of $500., as the amount of work to be done will be entirely too much for one tutor. We should then arrive at the final conclusion reached in my original Budget letter, which is the employment of two men, at a joint salary of $1,500., in addition to the new Adjunct Professor. What part of this salary of $1,500 is to be paid by Barnard, is, of course a matter on which I am not asked to express an opinion.

Permit me to say in conclusion that I am deeply sensible of the cordial way in which the Acting Dean of Barnard has accepted the propositions of the Department for the improvement of the work. Under the scheme as outlined not only will the work be, I think, entirely satisfactory to the authorities of Barnard College, but it will also be a considerable improvement at Columbia. The Department of Economics will be very glad indeed to adjust itself to whichever of the two alternative schemes may be adopted by Barnard: the one being the maintenance of the present situation calling for an appropriation for assistants of $1,000., to be paid entirely by Columbia, the other—involving additional work at Barnard—calling for an appropriation of $1,500 for assistants, to be defrayed in part by Barnard College.

Respectfully submitted,
[signed]
Edwin R. A. Seligman

Source:  Columbia University Libraries, Manuscript Collections. Central Files 1890-. Box 338, Folder 13 “Seligman, Edwin Robert Anderson 7/1904-12/1910”.

____________________

Seligman to Brewster [carbon copy]

January 4, 1909

Professor William T. Brewster,
Acting Dean, Barnard College, City.

My dear Sir:

I have the honor to acknowledge receipt of a letter of December 24, 1908, from President Butler, enclosing your letter of December 23, 1908, in which you refer to the courses offered by the Department of Economics at Barnard College.

As the existing situation is the result of steps taken by the administrative authorities of Barnard College and Columbia University, and as these agreements and instructions were never embodied in formal written documents, I venture to send you a written statement of the history of the case, in the hope that this letter may be put on file with the original agreement, in order that the question as to the interpretation of the original agreement may be settled, if it should again arise in the future.

The original agreement made with Professor Clark and the Faculty of Political Science, when he was called to the University in 1895, was to the effect that for every hour given by him at Columbia a member of the existing Columbia staff should give an hour at Barnard College. Under this agreement it was arranged that Professor Clark should give two hours at Barnard and four hours at Columbia. Of the four exchange hours due to Barnard, two were given by Professor Giddings and two by Professor Seligman. Several years later, when Professor Seager was called to Columbia, he took the courses previously given by Professor Seligman.

In the year 1905 when the Chair of the History of Civilization was founded at Columbia University, an arrangement was effected between the Dean of Barnard and the President of Columbia University, whereby the two hour course of Professor Giddings, given at Barnard, was transferred to Columbia, the Columbia course being now, however, open to Barnard students. This was recognized as a substantial equivalence, and since that time the Barnard students have been coming to Professor Giddings’ course at Columbia.

When Professor Henry L. Moore was called to the University in 1902 an arrangement was made whereby a portion of his work was to be done at Barnard in return for the payment of aa portion of his salary b Barnard College. Under this arrangement Professor Moore offered a two hour course to the Seniors at Barnard College, and took general supervision of the Junior work in Economics, which was, however, actually carried on by assistants. Several years later, as the Junior work at Barnard was not entirely satisfactory, the Dean of Barnard College suggested that Professor Moore give up his Senior course and in exchange take an active part in the lecturing and teaching of the Juniors at Barnard. This suggestion was adopted, and as the number of sections gradually increased at Barnard the work was finally divided between Professor Moore and two assistants, the class being divided into four sections in the first term and into two sections in the second term. As a compensation for the Senior course which was now dropped by Professor Moore, the Dean of Barnard College suggested that courses 107-108, given by Professor Seligman at Columbia University be open to Barnard students. This suggestion was adopted by the Department, and ratified by the Columbia Faculty, and has continued ever since.

What I desire especially to emphasize is the fact that in no case did the initiative for any of these changes come from the Department of Economics, but that in every case the initiative came either from the Dean of Barnard College or from the President of Columbia University in conjunction with the Dean of Barnard College. The Department of Economics has been at all times willing and anxious to live up to the terms of the original and supplemental agreements, and has in every case been glad to adopt the suggestions of the authorities of Barnard College. It so happens that during the present year Professor Seager is on his Sabbatical leave of absence, and that Courses 107-108 were not given at Columbia; but this is an exceptional situation, including the $5,000 salary of Professor Clark, with the corresponding work given in exchange at Barnard, the number of hours of instruction given at Barnard are economics A, 9 hours, Economics 4, 5 hours, or an annual average of seven hours per week. The salary list has been $2,700.,–$1,700 for Professor Moore and $1,000 for two assistants. This is an average of less than $400 per hour, and if we include Courses 107-108 at Columbia, which were open to the Barnard students when the supplemental agreement was made, it would reduce the cost per year to considerably less than $400, which I understand is the average in other Departments.

The new scheme of courses which has been elaborated by the Dean of Barnard College to take effect next year, meets with the entire approval of the Department of Economics, and is outlined in another letter a copy of which I have the honor of submitting herewith. I venture to hope, however, that this statement of the historical development of the situation may be put on file, in order to show that the Department of Economics has at all times endeavored to abide loyally by the spirit of the agreement between Barnard College and Columbia University.

Respectfully submitted,
[stamped signature: Edwin R. A. Seligman]

 

Source:  Columbia University Libraries, Manuscript Collections. Central Files 1890-. Box 338, Folder 13 “Seligman, Edwin Robert Anderson 7/1904-12/1910”.

Image Source:  Barnard College, Columbia University. Boston Public Library, The Tichnor Brothers Collection.

 

 

 

Categories
Columbia Curriculum Gender Undergraduate

Columbia. Economics and social science curriculum as of Dec. 1898

 

One of the duller parts of my project that covers roughly a century’s development (1870-1970) of undergraduate and graduate economics education is gathering information on the nuts-and-bolts of curriculum structure. Today, looking at a report of the Faculty of Political Science published in the December 1898 issue of Columbia University Quarterly, I saw the announcement that 1898-99 was the first time that women were admitted to graduate courses in history and economics. The report also presented an easy to follow outline of the four or five year curriculum in economics and the social sciences. The idea behind the curriculum was to provide an orderly and logical sequence of courses, yet with sufficient flexibility to serve the needs of undergraduates, graduates (a.k.a. specialists), and special students (those from outside the Faculty of Political Science).

_____________________________

Other Relevant Columbia University Artifacts

_____________________________

Highlights from the December 1898 report of the Faculty of Political Science

For the first time in its history women are admitted to its courses in history and economics, but only women who are graduates and who are competent to carry on the work of the courses. No women are admitted as special students or to the courses given to the undergraduates, the idea being to put the women graduate students on the same footing as the men, giving them the same opportunities.” p. 75.

“Several new volumes in the series of Studies in History, Economics, and Public Law are now completed, including volumes eight and nine. These studies comprise the most successful of the dissertations which are submitted in partial fulfilment of the requirements for the doctor’s degree.”

Economics and social science curriculum (four or five years)

“Columbia University has attempted thus to formulate in the Department of Economics and Social Science a programme that shall be systematic, in the sense of orderly development and logical sequence (the course covers four or five years), and at the same time flexible, for the purpose of meeting the just demands of a great variety of students—the undergraduate, the specialist, and the special student.” p. 77.

Junior year economics:

“The undergraduate begins with the Economic History of England and America (Economics 1), which gives him that understanding of the evolution of economic institutions, such as the systems of land tenure, the factory system, the institutions of commerce and trade, which is necessary for any approach to economic discussion. That is followed by the Elements of Political Economy (Economics A), where the fundamental principles of the science are laid down and illustrated by contemporary events. These courses are usually taken during the Junior year, but may be taken a year earlier by students desiring to specialize in this direction. The lettered course is required of every student, and is in the nature of logical discipline for clear reasoning and a preparation for good citizenship. The College is held thereby to have discharged its duty to itself, in fulfilling the minimum required for the degree of A.B., and to the community, in inculcating sound principles in its graduates.” p. 76.

Senior year economics:

“For the majority of undergraduates these courses are but the preliminary sketch, the details of which are to be filled out by the more intensive study of Senior year. For this abundant opportunity is offered in the course on modern industrial problems, money, and labor (Economics 3), in the treatment of finance and taxation (Economics 4) and in the critical consideration of theories of socialism and projects of social reform (Economics 10 and 11). At the same time the elements of sociology (Sociology 15) furnish a broader foundation for generalization in regard to the fundamental principles of social life, and afford the student on the eve of graduation an opportunity to coordinate his knowledge of history, economics, philosophy, and ethics into a theory of society.

These courses of Senior year constitute the fundamental university courses, and are frequented by graduates of other colleges and by many students from the law school, the theological seminaries, and Teachers College, who find them valuable as auxiliary to their main lines of study. For the specialist and special student these courses in their turn are preliminary. They form the introduction to the university courses proper.” pp. 76-77.

Graduate (or specialist) economics:

“Here the specialist finds opportunity for development in economic theory (Economics 8, 9, and 10) and for further practical work (Economics 5 and 7), for sociological theory (Sociology 20, 21, and 25), for the treatment of problems of crime and pauperism (Sociology 22 and 23). and for the theory and practice of statistics as an instrument of investigation in all the social sciences (Sociology 17, 18, and 19). Crowning the whole are the seminars in political economy and sociology, and the statistical laboratory, where the student is trained for original work.” p. 77.

_____________________________

Faculty of Political Science
[Full Report for Dec. 1898 Columbia University Quarterly]

Department of History.—The late war seems to have had its effect on educational matters, and several resulting tendencies have been particularly marked at Columbia University. Thus, in the School of Political Science the attendance of students in the course on the general principles of international law has been very large and much interest is being manifested in the subject. Ordinarily this course, as well as a number of others treating of kindred subjects, is given by Professor Moore, who is at present in the service of the United States government. In his absence the course is being conducted by Mr. Edmond Kelly, who has lectured before the school on numerous occasions. Professor Moore’s course on diplomatic history is now being given by Dr. Frederic Bancroft, formerly librarian of the State Department, and a former lecturer in this Faculty.

The Faculty of Political Science has commenced the term with every indication of a most prosperous year. For the first time in its history women are admitted to its courses in history and economics, but only women who are graduates and who are competent to carry on the work of the courses. No women are admitted as special students or to the courses given to the undergraduates, the idea being to put the women graduate students on the same footing as the men, giving them the same opportunities.

The number of publications from the members of this faculty is constantly increasing, and several important works have recently been published or are in preparation. The Macmillan Company will soon publish Professor John B. Clark’s two-volume work on the distribution of wealth and the new edition of Professor Seligman’s Shifting and Incidence of Taxation. Several new volumes in the series of Studies in History, Economics, and Public Law are now completed, including volumes eight and nine. These studies comprise the most successful of the dissertations which are submitted in partial fulfilment of the requirements for the doctor’s degree. Professor Robinson has just published a volume entitled Petrarch’s Letters, and Professor Munroe Smith’s Study of Bismarck has been issued from the University Press.

As Wednesday, October 19, was appointed Lafayette Day, President Low arranged for an address on “The Life and Services to this Country of Lafayette,” by Professor J. H. Robinson.

The department of history has enrolled about four hundred students from Columbia and Barnard. It offers a total of thirty-three courses. The new circular which explains fully its resources and gives a detailed account of its work can be had on application to the Secretary of the University. Professor Dunning is absent on leave. He is spending the winter in Rome, engaged in certain researches connected with the history of political theories and ancient institutions.

W. M. S. [William M. Sloane]

 

Department of Economics and Social Science.—The courses in this department have been so systematized as to meet the needs of both undergraduate and graduate students, while offering to other members of the University and of allied institutions the opportunity to broaden their studies by some knowledge of social theory and social problems.

The undergraduate begins with the Economic History of England and America (Economics 1), which gives him that understanding of the evolution of economic institutions, such as the systems of land tenure, the factory system, the institutions of commerce and trade, which is necessary for any approach to economic discussion. That is followed by the Elements of Political Economy (Economics A), where the fundamental principles of the science are laid down and illustrated by contemporary events. These courses are usually taken during the Junior year, but may be taken a year earlier by students desiring to specialize in this direction. The lettered course is required of every student, and is in the nature of logical discipline for clear reasoning and a preparation for good citizenship. The College is held thereby to have discharged its duty to itself, in fulfilling the minimum required for the degree of A.B., and to the community, in inculcating sound principles in its graduates.

For the majority of undergraduates these courses are but the preliminary sketch, the details of which are to be filled out by the more intensive study of Senior year. For this abundant opportunity is offered in the course on modern industrial problems, money, and labor (Economics 3), in the treatment of finance and taxation (Economics 4) and in the critical consideration of theories of socialism and projects of social reform (Economics 10 and 11). At the same time the elements of sociology (Sociology 15) furnish a broader foundation for generalization in regard to the fundamental principles of social life, and afford the student on the eve of graduation an opportunity to coordinate his knowledge of history, economics, philosophy, and ethics into a theory of society.

These courses of Senior year constitute the fundamental university courses, and are frequented by graduates of other colleges and by many students from the law school, the theological seminaries, and Teachers College, who find them valuable as auxiliary to their main lines of study. For the specialist and special student these courses in their turn are preliminary. They form the introduction to the university courses proper.

Here the specialist finds opportunity for development in economic theory (Economics 8, 9, and 10) and for further practical work (Economics 5 and 7), for sociological theory (Sociology 20, 21, and 25), for the treatment of problems of crime and pauperism (Sociology 22 and 23). and for the theory and practice of statistics as an instrument of investigation in all the social sciences (Sociology 17, 18, and 19). Crowning the whole are the seminars in political economy and sociology, and the statistical laboratory, where the student is trained for original work.

Columbia University has attempted thus to formulate in the Department of Economics and Social Science a programme that shall be systematic, in the sense of orderly development and logical sequence (the course covers four or five years), and at the same time flexible, for the purpose of meeting the just demands of a great variety of students—the undergraduate, the specialist, and the special student.

R. M.-S. [Richmond Mayo-Smith]

 Source: Columbia University Quarterly, Vol. 1 (December 1898), pp. 74-77.

Image Source:  Art and Picture Collection, The New York Public Library. (1890). Columbia University Retrieved from http://digitalcollections.nypl.org/items/510d47e0-cc6c-a3d9-e040-e00a18064a99

 

Categories
Columbia Economists Harvard

Harvard. Career of A.M. in economics alumnus, Arthur Morgan Day (1867-1942)

 

This post began as a simple transcription of two typed pages that Alvin S. Johnson sent to Joseph Dorfman, who at the time was collecting material on the history of economics at Columbia University. The Columbia economics instructor who was the subject of Johnson’s letter, Arthur Morgan Day, was new to me, and I presume something of an unknown even to Joseph Dorfman. My curiosity sparked a chase through a variety of genealogical sources accessible at Ancestry.com, then a search through yearbooks of Barnard College and Columbia University catalogues at archive.org, and eventually a discovery of the reports of the Harvard Class of 1892 (available at hathitrust.org) that taken together provide us a fairly good account of Day’s life and career through age 55.

I have located only a single source that gives the year of his death: “Arthur Morgan Day (1867-1942)” in the National Cyclopaedia of American Biography. Vol. 31. New York: James T. White & Co., 1944.

_______________

Alvin Johnson’s recollection of Arthur Morgan Day at Columbia College

THE NEW SCHOOL
66 West 12th St. New York 11
[Tel.] Oregon 5-2700

July 17, 1951

Dear Joe Dorfman:

This is the best I can do on Day. If you don’t like it, throw it into the waste-basket.

Sincerely,
[signed]
Alvin Johnson

encl.

Dr. Joseph Dorfman
Faculty of Political Science
Columbia University
New York 27, N.Y.

[Handwritten addition by Johnson]

I’m trying to write
something on the
Faculty
AJ

* *  *  * *

Alvin Johnson’s attachment to his letter to Joseph Dorfman of July 17, 1951

When I presented myself to Dean Burgess for registration in November 1898 and announced that I wished to study economics, the Dean advised me to register for the Marshall course by Mayo-Smith, the course on History of Economics by E. R. A. Seligman, the course on theory by John Bates Clark. I confessed that my training had been in classics; that I had never attended a course, nor even a single lecture in economics. I asked whether I ought not to take the course in elementary economics, under an instructor, Arthur Morgan Day. No, said Dean Burgess, that course was only for undergraduate cubs, who had no desire to know economics. The Committee on College Requirements had seen fit to make a required course out of it; but a mature man would be wasting his time under Day.

I did not register for Day’s course. I’m sorry I did not. For Day was a true representative of the old, solid economics of Adam Smith and Malthus and Ricardo, of Senior and Cairnes and John Stuart Mill. He made shift to comprehend the marginal utilitarianism of Marshall, but it gave him no inspiration. He saw no advance in Clark’s theory and he regarded Seligman’s Historismus as merely a change of venue in economic reasoning.

Day detested me, for my ardent devotion to J. B. Clark, for my eager acceptance of Seligman’s wide explorations in all literatures. He pitied me for my destiny of going forth into the world equipped only with fluff and froth, with no sense of the grand old economists who looked facts in the face and wrote in language that the most unlicked cub of a business man could understand. When I was awarded a fellowship Day proposed that I should have the privilege of reading and grading all his examination papers, a privilege I was too immature to appreciate. The President of the University vetoed the proposal. I had my year of complete freedom, to follow my teachers, Clark and Seligman, with uncrippled ardor.

Yet I came to realize that Day was a better economist than we then assumed. It was not possible for him to follow the marginal utility calculus into a field of abstractions divorced from the comprehension of the ordinary citizen. Any man, however sodden in business thinking, could follow John Stuart Mill, agreeing, or most likely disagreeing. Only the intellectual elite could follow Menger and Wieser and Böhm[-]Bawerk, Marshall and Clark, Fisher and Fetter.

If Day were living he would find justification for his repugnance to the marginal utility theories. Keynes, an adept in marginal theory, shifted the emphasis from value to price.

Said Chesterfield, “In mixed company I always talk bawdy, for that is something in which all men can join.” Keynes always talked price. Day, prematurely, talked price, believed in talking price. There was no place for him in the marginal utility universe of talk, of those days. But I surmise, Day was a good deal of a man.

[signed]
Alvin Johnson

 

Source:  Columbia University Libraries, Manuscript Collections. Joseph Dorfman Collection, Box 13, Folder “C.U. Dept.al history”.

_______________

From the Columbia College Catalogue, 1898-99

Economics A—Outlines of Economics—Recitations, lectures, and essays. 3 hours, second half-year. Professor Mayo-Smith and Mr. Day. [Economics A was required of juniors in the College, and open to sophomores who have taken economics I.]

Economics 1—Economic history of England America—Selected textbooks, recitations, essays, and lectures. 3 hours, first half-year. Professor Seligman and Mr. Day. [Economics I was open to juniors and qualified sophomores in the College.]

[Note: p. 11 under officers of instruction, Assistants. Address given as 128 West 103d Street.]

Source:  Columbia University in the City of New York. Catalogue 1898-99, p. 74.

_______________

1900 U.S. Census

Name: Arthur M Day
Age:    33
Birth Date:     Apr 1867
Birthplace:      Connecticut
Home in 1900:           Danbury, Fairfield, Connecticut
Ward of City: 2
Street: Westoria Avenue
House Number:          28
Race:   White
Gender:           Male
Relation to Head of House:   Son
Marital Status:           Single
Father’s name:            Josiah L Day
Father’s Birthplace:    New York
Mother’s name:          Ellen L Day
Mother’s Birthplace:  Connecticut
Occupation:    College Instructor
Months not employed:         0
Can Read:       Yes
Can Write:      Yes
Can Speak English:    Yes
Household Members:

Josiah L Day  60
Ellen L Day    58
Arthur M Day           33

_______________

From Mortarboard 1902
[Barnard College Yearbook]

Leisure Hours of Great Men
or
Intimate Glimpses of the World’s Workers at Play

Arthur Morgan Day

It is certainly pathetic
How he smothers the aesthetic
Under money, banking, trusts and corporations,
But he soothes his longing heart,
Studying dramatic art,
And high tragedy completes his aspirations.

Source: 1902 Mortarboard , p. 71.

_______________

From the Columbia Daily Spectator, 1902

Mr. Day Resigns

Mr. A. M. Day, Instructor in Economics, has resigned his position at Columbia to take a position on the new Tenement House Commission of New York City. He is to serve as one of two men to take charge of registration and compilation of statistics of tenement houses in the boroughs of Manhattan and Brooklyn. Mr. Henry Raymond Mussey, Fellow in the Department, has taken Mr. Day’s position as instructor in Economics for the time being. Mr. Mussey has already acquired much popularity and confidence among the students in his classes.

*  *  *  *  *

Congratulations for Mr. Day.

The members of the Course Economics I have sent the following message of congratulation to their instructor, upon his appointment as chief of the Bureau of Statistics of the New York City Tenement House Commission. “We the undersigned members of the course, Economics I, of the current University year, having heard with pleasure of the great honor which has been conferred upon our former instructor Mr. Arthur Morgan Day, desire to extend to him our sincere congratulations and to assure him of our best wishes for a successful career in his new office.

 

Source:  Columbia Daily Spectator, Volume XLV, Number 42, 21 March 1902, page 1.

_______________

From Harvard College Class of 1892 Reports

Arthur Morgan Day (1892)

[Joined the Harvard Class of 1892 in the junior year, received A.B. together with the degree of A.M.]
Honorable Mention: English Composition; Political Economy; History.

 

Source:  Secretary’s Report Harvard College Class of 1892, Number I, (1893), pp. 6, 27, 29.

 

*  *  *  *  *

Arthur Morgan Day (1896)

“1892-93, graduate student in History and Economics, H.U.; 1893-94, graduate student in History and Economics and assistant in History, H.U.; 1894-95, assistant in Economics, School of Political Science, Columbia College; 1895-96, assistant and lecturer in Economics, School of Political Science, Columbia College, and lecturer in Economics, Barnard College.”

Published “Syllabus of six lectures on ‘Money’ for Extension Department of Rutgers College, 1895.”

Delivered “six lectures on ‘Money,’ Univ. Ex. course, New Brunswick, N.J., December-January, 1894-95; two lectures on ‘Monetary Literature in U.S.’ in course of ‘Free Lectures to the People,’ under direction of Board of Education, N.Y.”

Source:  Secretary’s Report Harvard College Class of 1892, Number II, (1896), pp. 30-31.

*  *  *  *  *

Arthur Morgan Day (1902)

From 1892 to 1894 was graduate student in History and Economics at Harvard; 1893-4, was assistant in History at Harvard; 1894-1902, was successively assistant lecturer, and instructor in Economics at Columbia and Barnard Colleges, and also assistant editor of “Political Science Quarterly” and “Columbia University Quarterly “; in March, 1902, resigned from Columbia to become Registrar of the Tenement House Department of New York City for Brooklyn, Queens, and Richmond.

Has given numerous courses of lectures for the New York Board of Education; has lectured also in extension department of Rutgers College and in the Educational Alliance. Has published syllabi of lectures on “Money” and “Economic History”, signed reviews in the “Political Science Quarterly” and elsewhere, and editorials in a New York daily. Assisted in the preparation of Seligman’s “Essays in Taxation” and “Incidence of Taxation”, Giddings’ “Democracy and Empire “, Clark’s “Distribution of Wealth,” and the second edition (rewritten) of White’s “Money and Banking.”

Source:  Harvard College, Record of the Class of 1892. Secretary’s Report No. III for the Tenth Anniversary (1902),  pp. 46-47.

*  *  *  *  *

Arthur Morgan Day (1907)

Son of Josiah Lyon Day and Ellen Louisa (Baldwin) Day. Born at Danbury, Connecticut, April 12, 1867. Prepared for college at the Danbury High School.

Received A.M. in 1892. From 1892 to 1894 was a graduate student in History and Economics at Harvard; 1893-94, was Assistant in History at Harvard; 1894-1902, was successively Assistant, Lecturer, and Instructor in Economics at Columbia and Barnard Colleges; also Assistant Editor of Political Science Quarterly and Columbia University Quarterly; in March, 1902, resigned from Columbia to become Registrar of the Tenement House Department of New York City for Brooklyn, Queens, and Richmond. In May, 1902, resigned Registrarship to become Assistant to President of Manhattan Trust Co.; in July, 1903, was made Secretary and Treasurer of Casualty Company of America; in January, 1905, entered publicity business. Has published syllabi of lectures on “Money” and “Economic History,” signed reviews in the Political Science Quarterly and elsewhere, and editorials in a New York daily. Assisted in the preparation of Seligman’s “Essays in Taxation” and ” Incidence of Taxation,” Giddings’ “Democracy and Empire,” Clark’s “Distribution of Wealth,” and the second edition (rewritten) of White’s “Money and Banking.” Belongs to Harvard Club of New York.

Source:  Secretary’s Report for the Fifteenth Anniversary. Harvard College Class of 1892, Number IV, (1907), p.48.

*  *  *  *  *

Arthur Morgan Day (1912)

Son of Josiah Lyon Day and Ellen Louisa (Baldwin) Day. Born at Danbury, Connecticut, April 12, 1867. Prepared for college at the Danbury High School.

Attended Harvard 1888-92, A.B. and A.M.; Graduate School 1892-94.

1892 to 1894, graduate student in history and economics at Harvard; 1893-94, assistant in history at Harvard; 1894-1902, successively assistant, lecturer, and instructor in economics at Columbia and Barnard colleges; also assistant editor of Political Science Quarterly and Columbia University Quarterly; in March, 1902, resigned from Columbia to become registrar of the Tenement House Department of New York City for Brooklyn, Queens, and Richmond. In May, 1902, resigned registrarship to become assistant to president of Manhattan Trust Company; in July, 1903, was made secretary and treasurer of Casualty Company of America; in January, 1905, entered publicity business; in June, 1906, employed by United Gas Improvement Company of Philadelphia; in August, 1906, serious attack of typhoid caused long absence from business; in June, 1908, with Blair & Co., bankers, New York; in April, 1910, began independent work as financial agent for various clients; in January, 1912, entered bond department of Prudential Insurance Company at Newark. Has published syllabi of lectures on “Money” and “Economic History,” signed reviews in the Political Science Quarterly and elsewhere, and editorials in a New York daily. Assisted in the preparation of Seligman’s “Essays in Taxation” and “Incidence of Taxation,” Giddings’ “Democracy and Empire,” Clark’s “Distribution of Wealth,” and the second edition (rewritten) of White’s “Money and Banking.” Belongs to Harvard Club of New York.

Source:  Secretary’s Report for the Twentieth Anniversary. Harvard College Class of 1892, [Number V, (1912)], p.54.

*  *  *  *  *

Arthur Morgan Day (1917)

Born at Danbury, Conn., April 12, 1867. Son of Josiah Lyon and Ellen Louisa (Baldwin) Day. Prepared for College at Danbury High School, Danbury, Conn.

Attended Harvard:  1888-92; Graduate School, 1892-94.

Degrees: A.B. and A.M. 1892.

Occupation: Investments.

Address: (home) 28 Westville Ave., Danbury, Conn.; (business) 37 Wall St., New York, N.Y

FROM 1892 to 1894 I was a graduate student in history and economics at Harvard, and during 1893-94 I was assistant in history at Harvard. From 1894 to 1902 I was successively assistant, lecturer, and instructor in economics at Columbia and Barnard colleges; also assistant editor of the Political Science Quarterly and the Columbia University Quarterly. In March, 1902, I resigned from Columbia to become registrar of the Tenement House Department of New York City for Brooklyn, Queens, and Richmond. I held this position until May, 1903, when I resigned to become assistant to the president of the Manhattan Trust Company. In July, 1903, I was made secretary and treasurer of the Casualty Company of America; and in January, 1905, I entered publicity business. I was employed by the United Gas Improvement Company of Philadelphia in June, 1906, but a serious attack of typhoid fever in August of that year caused a long absence from business. In June, 1908, I was with Blair & Co., bankers, in New York, and in April, 1910, I began independent work as financial agent for various clients. In January, 1912, I entered the bond department of the Prudential Insurance Company at Newark, and since December 1, 1915, I have been with Wood, Struthers & Co., bankers, 37 Wall St., N. Y.

Publications: Syllabi of lectures on “Money” and “Economic History,” signed reviews in the Political Science Quarterly and elsewhere, and editorials in a New York daily. Assisted in the preparation of Seligman’s “Essays in Taxation” and “Incidence of Taxation,” Giddings’ “Democracy and Empire,” Clark’s “Distribution of Wealth,” and the second edition (rewritten) of White’s “Money and Banking.”

Clubs and Societies: Harvard Club of New York.

Source:  Secretary’s Report for the Twenty-Fifth Anniversary. Harvard College Class of 1892, Number VI, (1917), pp. 68-69. Includes Graduation picture.

*  *  *  *  *

Arthur Morgan Day (1922)

Born at Danbury, Conn., April 12, 1867. Son of Josiah Lyon and Ellen Louisa (Baldwin) Day. Prepared for College at Danbury High School, Danbury, Conn.

Attended Harvard: 1888-92; Graduate School, 1892-94.
Degrees: A.B. and A.M. 1892.

Occupation: Investments.
Address: (home) 152 Deer Hill Ave., Danbury, Conn.; (business) 5 Nassau St., New York, N.Y.

Since December 1, 1915, I have been with Wood, Struthers & Co., bankers, 5 Nassau Street, New York.

Clubs and Societies: Harvard Club of New York.

Source:  Harvard College Class of 1892, Thirtieth Anniversary ReportNumber VIII, (1922), p. 70.
[note: Number IX, June 19-22, 1922 is the Supplementary Report of the Thirtieth Anniversary Celebration]

_______________

From the State of Connecticut, Military Census of 1917

State of Connecticut

By direction of an act of the Legislature of Connecticut, approved February 7th, 1917, I am required to procure certain information relative to the resources of the state. I therefore call upon you to answer the following questions.

MARCUS H. HOLCOMB, Governor.

TOWN or CITY: Danbury
DATE: March 4, 1917
POST OFFICE ADDRESS: 28 Westville Ave.

  1. What is your present Trade, Occupation or Profession ? Banking and Brokerage
  2. Have you experience in any other Trade, Occupation or Profession? College Professor
  3. What is your Age? 49
    Height? 5 ft 8 in
    Weight? 165
  4. Are your Married? Single? or Widower? Single
  5. How many persons are dependent on you for support? None wholly
  6. Are you a citizen of the United States? Yes
  7. If not a citizen of the United States have you taken out your first papers? [not applicable]
  8. If not a citizen of the United States, what is your nationality? [not applicable]
  9. Have you ever done any Military or Naval Service in this or any other Country? No
    Where? [not applicable]
    How Long? [not applicable]
    What Branch? [not applicable]
    Rank? [not applicable]
  10. Have you any serious physical disability? Yes
    If so, name it. Near sighted
  11. Can you do any of the following:
    Ride a horse? [No]
    Handle a team? [No]
    Drive an automobile? [No]
    Ride a motorcycle? [No]
    Understand telegraphy? [No]
    Operate a wireless? [No]
    Any experience with a steam engine? [No]
    Any experience with electrical machinery? [No]
    Handle a boat, power or sail? [No]
    Any experience in simple coastwise navigation? [No]
    Any experience with High Speed Marine Gasoline Engines? ? [No]
    Are you a good swimmer? [Yes]

I hereby certify that I have personally interviewed the above mentioned person and that the answers to the questions enumerated are as he gave them to me.

[signed]
Chas A Stallock[?]
Military Census Agent

Source: Connecticut Military Census of 1917. Hartford, Connecticut: Connecticut State Library. [available as database on-line at Ancestry.com]

 

Image Source: Class portrait and current portrait (ca 1917) of Arthur Morgan Day from Secretary’s Report for the Twenty-Fifth Anniversary. Harvard College Class of 1892, Number VI, (1917), pp. 68-69.

 

Categories
Columbia Economists Exam Questions Pennsylvania

Columbia. Economics Ph.D. alumnus, 1905. Enoch M. Banks, Academic Freedom Poster Child, 1911

 

During a random check of my John Bates Clark files, I came across a final examination for a course “Economics 161” with the handwritten note:  “E. M. Banks, Penn”. I figured this was a sign from Clio that I should check for that course at the University of Pennsylvania and find anything more about E. M. Banks. The first issue was resolved quickly upon consulting a copy of the University of Pennsylvania catalogue for 1905-06 where it was easy to verify that the introductory economics course was indeed taught by Enoch Marvin Banks, Ph.D. and that the textbook for the course was Henry Rogers Seager’s Introduction to Economics (New York: Henry Holt, 1904). The second term examination for the course has been transcribed and posted below.

Once I found the unique name of Enoch Marvin Banks, it was easy to find a copy of his Columbia Ph.D. thesis at archive.org, The Economics of Land Tenure in Georgia [Ph.D. thesis in the Faculty of Political Science, Columbia University, published as in Studies in History, Economics and Public Law. Vol. XXIII, No. 1, 1905]. This once-in-a-universe name also made it simple for a Google search to lead me to his papers at Emory University where a short biography was to be found and a link to his obituary in the national publication of his Alpha Tau Omega fraternity (both provided below). It was then that I discovered that this Columbia Ph.D. economics alumnus deserves a star on a memorial wall for academic freedom in the United States. 

Given the competing political interpretations of having statues/memorials for Confederate leaders and generals in the United States today, I thought it appropriate to provide Banks’ article “A Semi-Centennial View of Secession” with its “shocking” thesis: “Viewing the great civil conflict…in the light of these principles and in the light of a broad historical philosophy, we are led irresistibly to the conclusion that the North was relatively in the right, while the South was relatively in the wrong. ” 

For much more about the reception and reactionary blowback to Banks’ article, see  Fred Arthur Bailey Free speech at the University of Florida: The Enoch Marvin Banks Case. The Florida Historical Quarterly, Vol. 71, No. 1 (Jul., 1992), pp. 1-17.

_________________________

Enoch M. Banks , Obituary
The Alpha Tau Omega Palm
March 1912

Enoch Marvin Banks, well known throughout the South as a writer on economics and history, died last night at the home of L. P. Bradley, after an illness of several months, and was buried today in Newnan. He was unmarried, and is survived by his mother and several brothers and sisters.

Professor Banks was born November 28, 1877, and would have been 34 years of age next week. He was a student at Emory College, Oxford, Ga., receiving his A. B. degree in 1897, and A. M. in 1900; studied at Columbia University for several years and was a graduate student of Economics, Sociology and History; acting professor of History and Economics at Emory College, 1902-03; fellow in Economics at Columbia University, 1904-05; received degree of Doctor of Philosophy at Columbia University, June, 1905; instructor in Economics. University of Pennsylvania, 1905-06; studied in Germany, 1906-07; professor of History and Economics, University of Florida, 1907-11. He was made a member of American Economic Association in 1902; a member of the American

Academy of Political and Social Science, 1906, and a member of Academy of Political Science, New York, 1910.

Among his most important published writings were the following: “The Passing of the Old South,” “The Labor Supply and the Labor Problems in the South,” “A Semi-Centennial View of Secession,” “A Plea for Educational Freedom and a Liberated Intellectual Life,” “The New Point of View in the New South.” — Atlanta Constitution, November 24, 1911.

 

Source:   The Alpha Tau Omega Palm Vol. 32, No. 1 (March, 1912), p. 144.

_________________________

Biographical note from Enoch Marvin Banks Papers at Emory University

“Enoch Marvin Banks (1877-1911), an Emory graduate and Professor of Southern Economics and History, was born in Newnan, Georgia. After briefly teaching at Emory and receiving his PhD from Columbia University, Banks began a professional career that included professorships at the University of Pennsylvania (1903-1906) and the University of Florida (1907-1911). Among his most important published works on the South’s economy was is “A Semi-Centennial View of Secession,” published in The Independent in February 1911 [pp. 299-303]. The article, which claimed that the South should admit wrongdoing for its past efforts to secede from the Union caused many Confederate societies to quickly call for Banks’ resignation from the University of Florida. Banks ultimately complied, writing a letter of resignation to the University, who accepted despite fears that they would be accused of denying free speech. After his resignation, Banks returned to Newnan, where he died only months later.”

 

Source: Finding Aide to Enoch Marvin Banks Papers, 1903-1911. Emory University, Stuart A. Rose Manuscript, Archives, and Rare Book Library (Atlanta, GA).

_________________________

 From the University of Pennsylvania Catalogue, 1905-06

 

  • Enoch Marvin Banks, Ph.D., Instructor of Economics
  • Economics 161.—Introduction. Seager’s Economics, lectures and special reports.
  • Economics 161 (2 hours, both terms) [Instructors listed:]   Banks and Howard

Source: From the Catalogue of the University of Pennsylvania, 1905-06.

_________________________

[Handwritten note:] E. M. Banks, Penn.

EXAMINATION IN ECONOMICS—161.
Second Term 1905-06.

  1. (1) State four theories of wages. (2) What effect on wages has each of the following (a) Increase of population, (b) increase of capital, (c) improvements in the methods of production. (3) Explain the real meaning of “cheap labor.” (4) Have wages tended up or down in the last fifty years—explain the tendency.
  2. (1) What determines the general rate of interest? (2) In what ways, if any, is the general rate of interest affected by (a) an inflated state of the currency, (b) an inflation of the currency? (3) Is the general rate of interest tending up or down—explain.
  3. (1) Explain the nature and chief source of competitive profits. (2) Why are they temporary and permanent at the same time? (3) What effect in the long run do such profits have on wages and interest?
  4. (1) Explain the principle of monopoly prices as compared with that of competitive prices. (2) What methods do trusts often employ in ousting their competitors? (3) Do consumers get substantial benefits from the trusts? If not, why not, and how may they do so?
  5. On what grounds did Henry George advocate the single tax? Criticise those grounds.
  6. (1) Why must a country normally import as much goods (in value) as it exports? (2) Explain England’s excess of imports and our excess of exports. (3) Give the strongest economic argument for protection. (4) Discuss the effect of protection on wages.

 

Source: Columbia University Archives. John Bates Clark Papers, Box 9, Folder 1 (Administrative Records and Course Materials, undated). Series II.4.

_________________________

A Semi-Centennial View of Secession
BY ENOCH MARVIN BANKS, Ph.D.

[The semi-centennial of Abraham Lincoln’s accession to the Presidency is also that of secession. The author of the following article is Professor of History and Economics in the University of Florida. He was born in Georgia in 1877, was graduated from Emory College, and has always lived in the South, except for the few years when he was studying at Columbia University and the University of Pennsylvania. He has frequently contributed articles to the magazines and reviews on Southern topics. — Editor.]

FIFTY years ago Abraham Lincoln was elected to the Presidency of the United States and secession was precipitated in the State of South Carolina. Before the inauguration of Lincoln six other Southern States had followed the example of South Carolina in passing secession ordinances and had co-operated with that State in forming a confederacy, with its temporary seat of government at Montgomery. Lincoln, upon assuming the duties of President, pronounced as distinctly in favor of the integrity of the Union as the seceding States had pronounced in favor of its dissolution. Since the two governments were thus holding and acting upon contradictory theories of the situation, it was inevitable that a clash should soon occur unless one side or the other should modify or surrender its position. The clash did occur, as is so well known, at Fort Sumter, when, upon the refusal of the National Government to evacuate, the fort was bombarded and reduced by order of the Confederate Government, Lincoln immediately issued a call for 75,000 volunteers, four other Southern States, rather than aid in a policy of coercion, joined the Confederacy, and thus was inaugurated the great and tragic civil struggle in American history.

Since the South was the prime mover in those stirring events, it seems a fitting thing for a Southerner who belongs to an entirely new generation and who has abounding faith in his section’s future as well as in his country’s destiny to write a short semi-centennial view of that movement, in the hope of being able to estimate in the calm light of history the wisdom of secession and the meaning of the great conflict which its trial precipitated. In a certain sense, to be sure, the wisdom of secession was tested and found wanting in the war itself; but there are those who urge that superiority of resources and numbers may triumph for a season over what is right and best in principle. Again, the writer is, of course, aware that historians from other sections of the country and from other parts of the world have passed judgment upon the Southern movement of the sixties, and their judgment has been on the whole unfavorable to its wisdom and righteousness. On the other hand, the people of the South have very naturally been inclined to repudiate such interpretations as arising from sectional prejudice or foreign ignorance, and while acquiescing in the results of the war, they instinctively feel that their fathers and grandfathers were willing to make the tremendous sacrifices that were actually made only in behalf of a righteous and altogether splendid cause.

To be sure, it is not the purpose of this paper to effect a direct alteration of this Southern conviction, since such pervasive popular convictions do not usually undergo great modification at the instance of a slight magazine article. Nevertheless, such an article may serve the purpose of showing that conditions are changing, and that the South is becoming more tolerant of a free discussion of its past and present policies. It is well known that this section is undergoing a remarkable expansion of industry and commerce and is greatly enlarging its educational facilities, and is thus paving the way for a liberated intellectual life. This new spirit of liberality toward opposing views when exprest with sincerity and befitting decorum is perhaps the greatest incipient triumph of the twentieth century South. Such a spirit is doing much toward making the section an integral part of the nation, and it will do more as the years go by toward making it, in hearty union and co-operation with other parts of a great nation, an important factor in the advancement of world civilization. A free estimate of our past and a frank realization and acknowledgment of its errors, where errors are found, will place us in position to assume the responsible duties that lie in the immediate and more distant future. In such a spirit of intellectual integrity and freedom this article is written.

Large movements in history usually involve some important principle of government, or liberty, or economics, or religion, or what not, and the triumph or defeat of the principle or principles, for there may be more than one, gives meaning to the movement. These larger aspects of a struggle are, of course, not always distinctly envisaged by those who take part in the struggle, since such participants are oftentimes impelled by more immediate interests and passions, and it is only with the passing of years that the real significance of the movement in relation to human progress is generally seen, tho, to be sure, there are usually some leaders who are gifted with a larger vision and foresee more or less distinctly the meaning of the movement they are directing.

It requires no very acute powers of analysis to see — and indeed it is generally recognized by students of American history — that two large principles were involved in secession and the Civil War. One was a question of political science and concerned the nature of our union. The war itself was prosecuted with avowed reference to this principle, the South taking one attitude toward it and the North taking the opposite attitude. The other question was antecedent to this, in that it operated to cause the two sections to take divergent attitudes on the question of the nature of our union — or, to speak more specifically, it caused the South to attach continued importance to the idea of State sovereignty, it caused eleven States of the South to attempt secession, as the State sovereignty theory declared they had a right to do, and it thus caused the Civil War itself. That fundamental cause of secession and the Civil War, acting as it did thru a long series of years, was the institution of negro slavery. These two questions, therefore — that of State sovereignty primarily and directly, and that of negro slavery secondarily and indirectly — were the supreme questions involved in the American Civil War. Was the attitude of the South in relation to these two questions right — in the highest and best sense of the term right?

The ablest defense of the South’s position on State sovereignty is perhaps to be found in Alexander H. Stephens’s “Constitutional View of the War Between the States.” Moreover, Stephens’s attitude on the eve of secession demonstrated a breadth of statesmanship on his part that was only too rare in that emergency. He made a clear distinction between secession as an inherent constitutional right and secession as a policy to be put into operation in 1860, defending with considerable acumen, along lines marked out by Calhoun, the right of a State to secede under the Constitution of 1789, but combating the notion that the existing evils in the Union at that time justified a resort to so drastic a remedy. In his great union speech delivered before the Legislature of Georgia just after the election of Lincoln, he deliberately declared and urged that the South was not suffering in the Union, and that the section was not likely to suffer under the administration of Lincoln. Moreover, he calmly told his fellow countrymen that in case they withdrew from the Union without greater provocation than then existed, the verdict of history would be made up against them. Every careful student of our history can appreciate the wisdom, the statesmanship and the patriotism of this speech, as well as the courage and correctness of Stephens’s attitude in opposing secession a little later in the Georgia convention. I venture to think that if the lower South had possessed a few more leaders of Stephens’s ability and influence, secession would not have been precipitated by the election of Lincoln, except possibly in the case of one State. Indeed, such States as Virginia and North Carolina, altho believing in the right of secession, had the wisdom to defeat the secessionist movement until after the outbreak of hostilities, when they were called upon to aid in ”coercing” their sister Southern States.

It is beyond the scope of this article to discuss in detail the circumstances and grievances which convinced the people of the South, contrary to the better judgment of Stephens and some others, that they could no longer remain with honor and safety in the Union. It is sufficient to say that the two sections had divergent economic systems, and that the institution of slavery, which was the South’s peculiar economic heritage, was the prime factor in begetting grievances, There arose a disposition on the part of the North, which in some instances took an aggressive form, to discredit the institution of slavery on moral and religious as well as economic grounds. The severe criticisms of the institution that were thus made, particularly after 1830, naturally aroused a feeling of resentment in the South against those who would interfere in a matter with which, from a Southern viewpoint, they had no direct concern. Since the people of the South were on the defensive with regard to slavery, and since they were Southerners also, they became peculiarly restive under the adverse criticism that was directed against their institution, and sensitive to a degree that prepared the soil for a rich harvest of supposed grievances.

Moreover, since slavery was legalized and regulated by the State governments and not by the National Government, and since any enlargement of the powers of the latter might operate, thru the increasing preponderance of Northern and Western influence in that Government, to interfere with the institution of slavery at the time of the admission of new States or otherwise, the South was led to attach exaggerated importance to the doctrine of State rights, and to revive a political science that was becoming obsolete. Since it was recognized North as well as South that the National Government could not directly molest slavery in the States where it already existed, the warmest debates in Congress concerned the powers of the National Government over slavery in the Western Territories, the debates over this question being particularly acrimonious from the time of the war with Mexico down to 1860. The momentous election of that year centered upon that issue.

The extreme Southern party, in harmony with the famous Dred Scott opinion, had advanced to the position that neither Congress nor the Territorial Legislature itself could debar slavery from a Territory, and that slavery could be abolished by the people of a Territory only after the Territory had passed into Statehood. This view declared slavery legal in all the national domain and declared Congress altogether impotent in the matter — in other words, only a State in our system of government could make and unmake slaves, and where States did not exist to exercise that function our public law would presume slavery to exist and assume the protection of such property. On the other hand, the extreme Northern attitude, as exprest in the Republican party, was the exact opposite of the ultra Southern position on the vital question of slavery in the Territories. The party of Lincoln held that Congress under the Constitution had complete powers of government in the Territories, and that it should exercise these powers in behalf of freedom. Lincoln upon several occasions very tersely exprest the difference between the sections on this question in this wise: “We of the North think slavery is wrong and should be restricted, while you of the South think slavery is right and should be extended,” having reference, of course, to the restriction and extension in the Territories. It is a great popular error on the part of the people of the South to suppose that it was in the program of the party of Lincoln to directly interfere with the institution of slavery in the States where it existed. The Republican party recognized and declared it had no right to do that, and Lincoln hesitated long before deciding that the exigencies of war warranted a resort to the emancipation proclamation,

Those opposed to the extension of slavery won in the election of 1860. The South interpreting this as the beginning of the decline of her dominance of the National Government, in a series of impetuous acts which the wisdom of Stephens and others could not restrain, repudiated that Government and inaugurated one of her own. Students of history can easily see the reasonableness and the correctness of the Republican attitude on the main issue in dispute in the election of 1860, and it is a matter of regret that the Southern leaders of that day were unable to see its wisdom in the light of a true philosophy of progress. However, in passing judgment upon their action we should recognize that we have the advantage of perspective and that they were in large measure the victims of circumstances not altogether of their own making. Moreover, the notion of an evolutionary order of things in morals, in governments and in all manner of social institutions is an idea that was by no means as familiar to them as it is to us of the twentieth century.

The institution of slavery was becoming an anachronism in the nineteenth century. Other nations, such as England and France, had entered upon policies of emancipation in the early decades of the century, and the Northern position on the subject was merely in harmony with the dictates of an advancing civilization. Southern leaders, under the influence of apparent pecuniary and social interests, failed to understand this tendency, and to enter upon the work of formulating plans for harmonizing its policies with the currents of world progress. Moreover, being nettled as they were by outside pressure and in many cases undue criticism, they more and more concentrated their efforts in support of an antiquated order of things in morals and economy, and finally waged a four years’ war with unsurpassed heroism and devotion in support of an equally antiquated order of things in government. Such in epitome is the tragedy of the South’s past, and the tragedy of her present is that she does not yet fully realize it!

So far our discussion has mainly concerned the wisdom of secession regarded as a matter of practical politics, with no particular reference to the question of its legal, validity under the Constitution of the United States. We have reached the conclusion that calm history will not justify, however much it may explain, the secessionist movement of the sixties — a conclusion which, as we have seen, accords in the main with the position of Stephens on the eve of the secession of Georgia. Stephens, however, ardently advocated the right of a State to secede under the Constitution of 1789, and we may infer that he regarded a union of States severally sovereign to be the best form of union. Most intelligent Southerners would now concede that for our country a confederacy with the recognized right of secession is not the best form of union. On the other hand, they would entirely agree with Stephens and with the great body of his fellow Southerners of the sixties in claiming that the right of secession was then inherent in the nature of our Union. If indeed the right of secession existed, we may safely conclude that the counter right of resisting secession by force of arms did not exist — a conclusion which would place the North in the wrong in waging the war, even tho the South may have acted precipitately and unwisely, and therefore wrongly, in resorting to secession without greater provocation.

The dilemma just suggested may easily be avoided by placing the argument upon a plane distinctly higher than one concerned with the merely legal questions involved in conceiving our Union to be the static outcome of a contract between independent sovereign States. Indeed, we may well admit that our Union was generally regarded at the time of its formation and for some decades thereafter as a union of sovereign States. At any rate, it was a union made possible at the time thru compromises — the greatest of which had reference to the relative importance of national and State authority. The Union thus established upon the basis of compromises was in reality a great victory for the integrating’ forces moving in modern times in the direction of nationalism. Moreover, it was to be expected that as the interests of the people of the several States became more and more interdependent and harmonious a spirit of nationalism would increasingly pervade the Union and assert its potency, unless some disintegrating influence should thwart its development. The normal integrating influences worked in the direction of national integrity in all parts of the Union except the South, where the institution of negro slavery operated as the main influence to counteract its development. When, however, the particularistic spirit attempted in 1861 to put into practice its principle of separatism In order to defend the South’s cherished institution, the spirit of nationalism in other sections of the country had grown strong enough to assert its validity.

It was as much the function of the statesmen of 1860 to interpret the nature of our Union in the light of what it ought to be as it was the duty of our fathers in 1787 to act in harmony with the demands of progress in their day. Right and wrong are neither absolute nor static conceptions, but on the contrary they are decidedly relative and dynamic descriptions of conduct — conduct being right or wrong according to the degree in which it tends to promote or retard human welfare. Those who consciously and sincerely align themselves with the forces working for the best interests of an advancing civilization are in the right in the highest and best sense of the term right, while those who align themselves with causes less beneficent in their fruitage are relatively in the wrong, tho their sincerity, devotion and otherwise elevated type of character may command a lasting measure of admiration.

Viewing the great civil conflict, the semi-centennial of whose inauguration this year marks, in the light of these principles and in the light of a broad historical philosophy, we are led irresistibly to the conclusion that the North was relatively in the right, while the South was relatively in the wrong. Lincoln for the North became the champion of the principle of national integrity and declared the time ripe for a vindication of its validity; Davis for the South became the champion of the principle of particularism as exprest in State sovereignty and declared the time ripe for its vindication. The one advocated a principle of political organization in harmony with the age in which he lived and in accord with the teachings of history; the other advocated a principle out of harmony with his age and discredited by the history of Europe during the past thousand years. The one was a statesman of the highest order, deserving to be ranked with such of his European contemporaries as Cavour and Bismarck ; the other was a statesman of a distinctly inferior order in comparison, since the cause which he championed with so much ability, heroism and devotion ran counter to the true course of political and social progress.

Gainesville, Florida.

 

Source:   The Independent , Vol. 70, No. 3245 (New York, February 9, 1911), pp. 299- 303.

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Editorial from The Independent: Free Speech Supprest

In The Independent of February 9 there appeared an article by Enoch M. Banks, of Southern birth and training, Professor of History and Economics in the University of Florida. His subject was “A Semi-Centennial View of Secession.” He defended the appearance of an article, whose conclusions were not in agreement with the views which led to the attempt at secession, by saying

“The South is becoming more tolerant of a free discussion if its past and present policies . . . and is paving the way for a liberated intellectual life. This new spirit of liberality toward opposing views when exprest with sincerity as befitting decorum is perhaps the greatest incipient triumph of the twentieth century South.”

In that article he recognized negro slavery as the occasion for the war and that its defense required adhesion to the doctrine of State sovereignty. As to both State sovereignty and slavery, he admitted that the attitude of the South was a mistaken one.

Was that a conclusion proper to be held by one who is a teacher in a Southern university? Beyond question, yes. It is proper that in a Southern or Northern university both views might be held. So far as one is wrong there will be other teachers to correct it. Were his conclusions such as could with prudence be publicly proclaimed by one holding such a position as teacher? Professor Banks thought so, and took the risk. But he has found that the risk has severed his connection with the University of Florida. He has been compelled to resign.

Professor Banks’s article in The Independent came under the notice of a man of some local fame — we believe he had once been a Presidential elector, and he was a fluent political orator — we forget his name; it is not a nomen praeclarum — but he wrote a letter to us denouncing the professor and his views. We did not think it worth printing and sent a courteous reply. That made him angry. He declared he would expose and denounce Professor Banks and The Independent in every journal in Florida and the South. He kept his word. He waved the tattered, but sacred, flag of the Confederacy, appealed to the pious sentiments of Sons and Daughters, and demanded the removal of the traitorous professor from the chair where he was teaching treason to the youth of Florida. And he did it. The journals published his fulminations. Florida was stirred with worked up passion. The professor’s resignation was demanded; there were threats that the legislature would withdraw or reduce its appropriation. Professor Banks saw that his presence was endangering the financial support of the university and he gave in his resignation to the president and it was accepted with regrets. Liberty of speech was denied. The victim was sacrificed.

And yet Professor Banks was not mistaken. The South is becoming more tolerant of free discussion.” There is “a new spirit of liberality toward opposing views.” But if somewhat existent it is not prevalent, as he has found to his disappointment. It will not do, at least in the Gulf States, for a man who would keep a position of public service to dare to say that slavery was wrong, that it was time Nationalism should supplant State Sovereignty, and that the war for secession was not the most glorious, altho unsuccessful, struggle of modern times. Not yet is it allowed for a man to express opinions of his own. He must shout with the mass or go.

It is a sad condition of things, but they are improving. The Atlanta Constitution actively defended Professor Banks’s liberty of speech. We trust he will find a place in some other Southern institution and not be compelled to seek a freer civilization. He is a loyal Southerner. He loves his section as it never occurs to a Northern man to love his section. Ostracised from Florida, he may be welcome in other Southern States; but we should have liked it if the thousands of Northern men who have settled in Florida had flooded the State journals with letters in defense of free speech, and had themselves illustrated it. The press should not be left wholly to the noisy and noisome orators and writers who would glorify, and would, if they could, restore, an old bad past. Professor Banks spoke truly and bravely; we need a multitude of others in the South who will speak their mind and support each other, and fight for freedom now, as fifty years ago their less wise ancestors fought for slavery. The day of victory is coming, and the chance and duty to speak and act for it is urgent. What said John Milton when he defended himself for fighting for a righteous but imperiled cause. He pictured to himself the Church triumphant over her foes, liberty of thought and speech achieved in Church and State, and how would he then feel if he had taken no part in the glad free victory? He would have ever after said to himself:

“Slothful and ever to be set light by, the Church has now overcome her late distresses after the unwearied labors of many of her true servants that stood up in her defense; thou also wouldst take upon thee to share amongst them of their joy: but wherefore thou? Where canst thou show any word or deed of thine which might have hastened her peace? Whatever thou dost now talk, or write, or look, is but the alms of other men’s prudence and zeal. Dare not now to say or do anything better than thy former sloth and infancy: or if thou darest, thou dost impudently to make a thrifty purchase of boldness to thyself out of the painful merits of other men; what before was thy sin is now thy duty, to be abject and worthless.”

Professor Banks dared to speak; will not many others speak, according to their ability, and hasten the liberty and the better day now sure to come to the South, and save themselves in the future glad day from the shameful memory of cowardly silence?

 

Source:   The Independent , Vol. 70, No. 3254 (New York, April 13, 1911), pp. 807-8.

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The Dismissal of Professor Banks
BY JAMES W. GARNER, Ph.D.

[We are especially glad to print this letter to The Independent from the Professor of Political Science of the University of Illinois. The author is not only one of the most distinguished economists of America, but he is as loyal a Southerner as Professor Banks, whose recent dismissal from the University of Florida is a disgrace to the university and the State. — Editor.]

As a Southerner, born and reared in the lower South, I want to endorse unqualifiedly the spirit of your recent editorial on the suppression of free speech in connection with the enforced resignation of Dr. E. M. Banks from the University of Florida. That a university professor with the high character and accomplishments of Dr. Banks should, in this enlightened age and country, be compelled by the pressure of local public opinion to resign his chair on account of his views on secession and State sovereignty seems almost incredible. What a miserable spectacle the case presents! What must be the judgment of the outside world concerning a condition of civilization in which such narrowness and intolerance exist? It is difficult to believe that any considerable proportion of the intelligent and fair-minded people of Florida really approve of such a wrong.

The man who claims the credit for driving Professor Banks from the university is the same person who recently, as a member of the Florida Legislature, threatened impeachment proceedings against Governor Gilchrist for recommending that Lincoln’s birthday be made a holiday in the State, and thus compelled him to withdraw the recommendation. He belongs to the class of small politicians with which parts of the South are still unhappily afflicted, whose chief stock in trade is their ability to exploit the negro question and the issue of white supremacy, which, as everybody but themselves knows, is no longer a real issue. Happily with each passing year the number of Southern politicians who live on dead issues and whose methods consist in appealing to the passions and prejudices of the past is growing smaller and the time is not distant when they will be without followers.

The people of Florida will no doubt be able to find men for their university professorships who believe or who profess to believe in the sovereignty of the States and who will be ready as occasion requires to defend the constitutional and moral right of secession, but it will be a sad day for the State when the announcement goes forth that no others will be tolerated. Dr. Banks is right and The Independent is right in saving that the South is becoming more tolerant of discussion, more liberal in its economic and political thinking and more national in its views of public policy, and Senator Beard and his kind can no more prevent advance along these lines than they can turn back the clock of ages or reverse the downward flow of the Mississippi. Such petty and shameful treatment as has been accorded Professor Banks will only hasten the movement.

Urbana, Ill.

 

Source: The Independent Vol. 70, No. 3256 (New York, April 27, 1911), p. 900.

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The Dismissal of Professor Banks
BY ANDREW SLEDD

[This discussion of the removal of Professor Banks from the University of Florida for an article he wrote in The Independent is written by the former president of the university, who was himself forced to resign for a somewhat similar cause. It will throw light upon the unfortunate conditions which limit educational freedom in the South. Mr. Sledd is now president of the Southern University at Greensboro, Ala. This whole case is attracting wide attention in the South and we suggest that the economists of the country take the matter up as they did in the case of Professor Ross. — Editor.]

I was president of the University of Florida for several years, and in 1907 asked Professor Banks, whom I had known personally and most favorably before that time, to take the chair of History in that institution. He accepted; and, as man, scholar and teacher, more than justified my highest expectations. His training was admirable; his personality delightful; his character of the highest; and he has both the gifts and the graces of an inspiring and finished teacher. I regarded the institution as peculiarly fortunate in having him upon its faculty; and this feeling grew steadily stronger with increasing knowledge of the man and his work.

In 1909, despite the unanimous and cordial support of the Board of Control of the institution, I was forced to resign the presidency. The charge against me was that the attendance upon the institution did not increase with sufficient rapidity under my administration. Upon my resignation, Professor Banks handed in his resignation, on the stated ground that he did not care longer to be connected with an institution where such, things were possible. The present president of the University and the chairman of the board, joined their persuasion with mine; and Professor Banks agreed to withdraw his resignation, and continued in his place.

In February of the current year Professor Banks sent me a copy of his article in The Independent; and I immediately foresaw the consequences. My own experience, as well as general observation, led me to know what he had to expect. And yet, as he says in a personal letter, which I take the liberty of quoting without waiting to ask his permission:

That article was written in all good faith and with an earnest desire to make some contribution toward promoting a liberated intellectual life here in the South. I am disposed to think that our political leaders, teachers, preachers, editors, and others in positions of more or less influence, made a serious and grievous mistake in the generation prior to the Civil War in not setting in motion influences that would have paved the way for the gradual removal of slavery from our country without the loss of so many lives, without the expenditure of so much treasure, without the bitterness of reconstruction, and without the subsequent pension burden! [Professor Banks might almost have had in mind Theodore Parker’s words, uttered four years before war broke out : “Had our educated men done their duty, we should not now be in the ghastly condition we bewail.”] Now, if I censure them in a sense for failing to measure up to the demands of the age in which they lived, can I excuse myself from making the attempt, to the extent of my ability and equipment, to set in motion influences in my limited sphere that would tend to liberate our minds and thus prepare the way for the solution of the present problems of our civilization and progress, problems indeed which are hardly less urgent and difficult than were those of our fathers prior to the sixties?

But this mental attitude is quite incomprehensible to some of our people, who follow the Saduceean motto, “Sever not thyself from the majority”; and so Professor Banks fell under their censure. When the censure became strident, and coupled with a demand for his removal, he tendered his resignation and it was accepted; and be becomes but another illustration of the proposition that “every step of progress that the world has made has been from scaffold to scaffold and from stake to stake.”

The authorities of the University were in a dilemma — a double dilemma, in fact. As the situation stands in Florida, the Board of Control is appointed by the Governor and is itself subject to the control of the State Board of Education, which is composed of five public officials elected by the people. The board of Control faced the dilemma of maintaining Professor Banks at the imminent risk of losing appropriations and patronage for the institution. Appropriations and large enrollments are very real things and furnish a common and conspicuous measure of institutional efficiency and progress. But freedom of speech and teaching is vague, a sort of academic myth concocted by impractical and visionary men and failures. If the Board of Control had said (which would have been true): “We can maintain this institution upon the Federal funds which it receives, independent of the state appropriation,” its decision would have been subject to review and possible reversal by the State Board of education. And then, in reaching its conclusions, the State Board of Education would have had to face the added possibility of a failure of re-election at the hands of the people. In other words. Professor Banks and freedom of teaching in the university had to be weighed against possible loss of appropriations and patronage, and political office for the members of the State Board of Education.

I do not know how the Board of Control would have stood, had it been in authority independent of the Board of Education. I believe that the Board of Control under which I served, of which the present junior Senator from Florida, Mr. Bryan, was chairman, would have accepted a recommendation from the president of the University to sustain Professor Banks. But I equally believe that, had they made such a decision, it would have been promptly reversed by the State Board of Education, under the influence of the three considerations which I have just mentioned.

Under the circumstances, it is not surprising that Professor Banks had to resign his place, he was the victim of two evils, neither of whih is confined to Florida or to the South. The one is direct political control and political interference in the affairs of the State University. This has resulted in many difficulties in many places in our country. The other is a wrong ideal of what constitutes a great institution. If size and wealth are taken as the standard, all other considerations must naturally give way to these. Not only is Professor Banks a victim of this standard, but probably no other one thing has done as much to degrade our educational institutions and impair their educational efficiency.

But Professor Banks has this great consolation, that his treatment and the public discussion of it forwards the cause for which he stands. The blood of the martyrs is the seed of the Church; and I doubt if Professor Banks by a year’s quiet work could have done as much as he has now done “to make his contribution toward promoting a liberated’ intellectual life here in the South.” He suffers; but because of his suffering his cause is nearer to its certain triumph. And in that knowledge Professor Banks will rest content.

And the University of Florida has suffered a humiliating defeat on a great moral issue.

Greensboro, Ala.

 

Source: The Independent Vol. 70, No. 3260 (New York, May 25, 1911), pp. 1113-4.

Image Source: Portrait of Enoch Marvin Banks, A.M., Ph.D.; Professor of History and Economics  from University of Florida, The Seminole, 1911, p. 15.

 

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Amherst Columbia Economists Germany Wisconsin

Columbia. Economics Ph.D. Alumnus, James Walter Crook, 1895

 

This posting is another in the irregular series, “Get to know an economics Ph.D. alum”. I stumbled upon Professor James Walter Crook’s photo while working on the previous autobiographical posting for John Maurice Clark who was a student of his at Amherst and later a colleague. Crook spent a year in Berlin as a student and overlapped with W.E.B. Du Bois there and to whom we see below he had been introduced.

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James Walter Crook (1859-1933)
Columbia Ph.D., 1895

James Walter Crook was born Dec. 21, 1859 in Ontario, Canada. His family emigrated to the U.S. in 1868. According to the 1880 U. S. Census he was the Census Enumerator for the 1st Ward of the City of Manistee in Manistee county, Michigan where he (21 years of age) lived with his mother and six younger brothers.  While a few younger brothers were  registered employed in a saw mill, James Walter Crook was listed as attending school. He married Eva Maria Lewis Sept 16, 1881 in Manistee. His occupation was “school teacher” according to the record of marriage.

Crook received his B.A. from Oberlin College in 1891 where he stayed on as a history instructor the following year. This was followed by a year of graduate work at the University of Wisconsin where he was listed as a Fellow in Economics, 1892-93.

He studied at the University of Berlin in 1893-94 where he happened to be introduced to W. E. B. Du Bois, himself an American student in Berlin. In Dubois’ papers there is a letter Crook wrote (January 21, 1905): “I suppose you do not remember me, but I recall with pleasure my meeting you in Berlin, Germany introduced by our mutual friend Knowlton, now of Fargo, N. Dakota.” In particular Crook was looking for advice regarding a sociological survey he wished to conduct among the ca. 200 African-Americans living in Amherst (population about 3,000 total).

After Germany Crook went on to do graduate work at Columbia University in 1894-95. The next year he was hired to teach Political Economy at Amherst where he worked through retirement.  Crook was awarded a Ph.D. from Columbia in 1895, publishing his dissertation as German Wage Theories: A History of Their Development. Vol. IX, No. 2 of Studies in History, Economics and Public Law. New York: Columbia University, 1898.

According to the U.S. Census reports he and his wife Eva lived at  21 Main Street in Amherst for at least the four censuses 1900-1930.

James Walter Crook, died in Springfield, MA 1933.

Source: From faculty pages in the Amherst College Yearbook, Olio, 1905, page 24. Also the Dubois papers at the University of Massachusetts and U.S. Census reports.

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PROFESSORS OF POLITICAL ECONOMY
Amherst College (1877-1910)

1877

Anson Daniel Morse, LL.D. 1878
1892 John Bates Clark, Ph.D.

1895

1892

Charles Augustus Tuttle, Ph.D., Associate Political Economy and International Law 1893
1895 James Walter Crook, Ph.D., Assistant

1899

1899

James Walter Crook, Ph.D., Associate 1907
1907 James Walter Crook, Ph.D.

1908

Glover Dunn Hancock, Ph.D., Assistant 1910
1910 John Maurice Clark, Ph.D., Associate

 

Source:   General Catalogue of Amherst College including the Officers of Government and Instruction, the Alumni and Honorary Graduates, 1821-1910. Amherst, Mass., p. 9.

Image Source: From faculty pages in the Amherst College Yearbook, Olio, 1905, page 24.