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Curriculum Economics Programs International Economics LSE Money and Banking Suggested Reading Syllabus

LSE. Courses in Banking and Currency. Descriptions and Readings. Gregory and Tappan, 1924-25

From time to time during my wanderings through internet archives I stumble upon material that is ideal content for Economics in the Rear-view Mirror and that is worth the effort of digitization. Some old published Calendars of the London School of  Economics and Political Science can be accessed online and they provide much in the way of thick course descriptions and suggested readings.

This post is limited to the course offerings under the heading “Banking and Currency” that covers both domestic and international aspects of banking and money markets. In the academic year 1924-25 this field was covered by then Reader in Commerce, T. E. Gregory, and Assistant in Economics, Marjorie Tappan.

Almost all the readings listed for the courses have been successfully linked to on-line copies.

Other fields will be added in the near future, so do check back with Economics in the Rear-view Mirror!

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London School of Economics
and Political Science

Calendar for Thirtieth Session 1924-25

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Who, what, and when

The Banking and Currency Instructors:

T. E. Gregory, D.Sc. (Econ.) London; Sir Ernest Cassel Reader in Commerce in the University of London.

Marjorie Tappan, B.A. Assistant in Economics.

The Degrees:

Bachelor of Science in Economics (B.Sc.Econ.)
Bachelor of Commerce (B.Com.)
Bachelor of Laws (LL.B.)
Bachelor of Arts (B.A.)
Higher Degrees, such as M.A., Ph.D., M.Sc. (Econ.), LL. M., LL.D., D.Sc. (Econ.), or D. Lit.

The Terms:

Michaelmas term (October 6 to December 12, 1924), Lent term (January 12 to March 20, 1925) and Summer term (April 27 to June 26, 1925) Terms
M.T., L.T. and S.T., respectively

___________________________

BANKING AND CURRENCY.

       The letter Y indicates that the course is a preparation for an Intermediate Examination, Z for a Final Pass Examination, and A for a Final Honours Examination. 

       The sign ¶ indicates a course beginning at 5.30 p.m. or later.

10. — Y. —Elements of Currency, Banking and International Exchange, a course of fourteen lectures by Miss Tappan, on Tuesdays, at 11 a.m., in the Lent and Summer Terms, beginning L.T. 17th February, S.T. 28th April.

[For B.Sc. (Econ.) Intermediate, B.Com. Intermediate (S.T. only) and B.A. Final Honours in Geography.]

Fee: —£1 15s.

¶ For evening students the same course of lectures will be given on Mondays, at 6 p.m., beginning 16th February.

Fee: — £1 3s. 4d.

Syllabus.

       PART I. — The principles governing the existence and distribution of international trade. Statistical problems in the measurement of international trade. The organization and operation of international markets. The balancing of international indebtedness. The Foreign Exchanges.

       PART II. — The functions of currency and the service of (a) money and (b) credit in their performance. The standard in a currency system and its relation to commodity prices. The elements of (1) The British Monetary System; (2) The British Banking System (a) pre-war; (b) at the present time. The influence of the Bank of England in the money and investment markets.

       BOOKS RECOMMENDED — PART I. — Marshall, Money, Credit and Commerce, Book III.; F. W. Taussig, Principles of Economics, Vol. I., Book IV.; Bastable, Theory of International Trade; Pigou, Protective and Preferential Import Duties; Higginson, Tariffs at Work; Hobson, C. K., The Export of Capital; Gregory, Foreign Exchange — before, during and after the War; Clare, A.B.C. of the Foreign Exchanges. The Official Statistics of British Trade.

                  PART II. — F. W. Taussig, Principles of Economics, Vol. I., Book III., Book IV., Ch. 32, 33; Hawtrey, Currency and Credit and Monetary Reconstruction, Chaps. I.-IV. and VI.; Kirkaldy, British Finance, 1914-1921; Cannan, Money and Economica, Jan., 1921, and Economic Journal, Dec., 1921; Robertson, Money; Layton, Introduction to the Study of Prices; Bagehot, Lombard Street, 1920 edition; Clare, A Money Market Primer; Duguid, The Stock Exchange.

*  *  *  *  *  *  *  *  *  *  *

11. — Z and A. — Principles of Currency and Banking, a course of twenty lectures by Miss Tappan, on Wednesdays, at 12 noon, in Michaelmas and Lent Terms, beginning M.T. 8th October, L.T. 14th January.

[For B.Sc. (Econ.) Final and B.Com. Final Part I.]

Fee:— For the Course, £2 10s.; Terminal, £1 10s.

For evening students the same course will be given on Tuesdays, at 7 p.m., beginning 7th October.

Fee:— For the Course, £1 13s. 4d.; Terminal, £1.

Syllabus.

       M.T. Metallic Currency. — The nature of money: recent discussions of the nature and adequate definition of money. The classification of monetary systems. The value of money: recent discussions of the problem. The return to sound money: deflation and devaluation. The social effects of rising and falling prices. Periodicity and anticipation in relation to monetary value.

       L.T. Banking and the Money Market. — The functions and economic significance of banking. The general structure and methods of banking. The cheque system and the nature of deposits. Banking in relation to the price level. The functions of Central Banks. The regulation of Note-issues, and the Bank Acts. Comparison with foreign systems. Recent developments in banking.

       BOOKS RECOMMENDED: — Cannan, Money in Relation to Rising and Falling Prices; Cannan, Bank Deposits (Economica No. 1.) and The Application of the Apparatus of Supply and Demand to Units of Currency (Ec. Journal, Dec. 1921); Hawtrey, Currency and Credit and Monetary Reconstruction; J. Bonar, Knapp’s Theory of Money (Ec. Journal, March, 1922); Cassel, Money and Foreign Exchange since 1914; Irving Fisher, The Purchasing Power of Money; L. von Mises, Theorie des Geldes und der Umlaufsmittel; Laughlin, The Principles of Money; Layton, Introduction to the Study of Prices; Foxwell, Papers on Current Finance; Lavington, The English Capital Market; Döring, Die Geld Theorien seit Knapp; Keynes, Monetary Reform.

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12. — Z andThe Stock Exchange Speculative Markets, and Dealing, a course of six lectures by Dr. Gregory, on Tuesdays, at 11 a.m., in Summer Term, beginning 28th April.

[For B.Com., Group A, and B.Sc. (Econ.), Final — special subject.]

Fee:— 12s.

¶ For evening students the same course will be given on Tuesdays, at 7 p.m., beginning 28th April.

Fee:— 8.

Syllabus.

Markets, Valuation, and the Function of the Dealer. The Machinery of the Speculative Market. How far it requires organisation and regulation. The Stock Exchange as an example of the speculative market, and an indispensable adjunct of the banking system. Constitution of the London Stock Exchange. Methods of Dealing. The Settlement. Comparison with Foreign Markets. Promotion and Issue. The general causes affecting the value of securities.

       BOOKS RECOMMENDED. — Emery, Speculation on the Stock and Produce Exchanges of the U.S.A.; Emery, Ten Years’ Regulation of the Stock Exchange in Germany (Yale Review, May, 1908); Van Antwerp, New York Stock Exchange from Within; Lavington, The English Capital Market; Schwabe, Effect of War on Stock Exchange Transactions, 1915; Sayous, Les Bourses Allemandes de Valeurs et de Commerce; J. G. Smith, Organised Produce Markets; Reports on Cotton Exchange Methods, U.S. Commr. of Corporations 1908-14; various articles by Messrs. Emery, Stevens, Flux, Hooker, Chapman, Lexis, &c.; Burn, Stock Exchange Investments; Mead, Corporation Finance; Young, Plain Guide to Investment and Finance 3rd Edition, 1919; Greenwood, Foreign Stock Exchange Practice and Company Laws; Reports of the U.S. [National] Monetary Commission.

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13. — A. — The History of Currency and Banking, with special reference to England, a course sixteen lectures, by Dr. Gregory, on Thursdays, at 5 p.m., in Lent and Summer Terms, beginning L.T. 15th January, S.T. 30th April.

[For B.Sc. (Econ.), Final—special subject.]

Fee for the course: £2; L.T., £1 10s.; S.T., 15s.

Syllabus.

The monetary system in the Middle Ages. History of the English silver pound. The silver famine and the effects of the supplies from the American mines. The controversy on the export of bullion and the Act of 1663. The early goldsmith bankers and the rise of banking in England. The foundation and early history of the Banks of England, Scotland and Ireland. The recoinage of 1696. The guinea and its ratings. Sir Isaac Newton’s reports on the currency. The recoinage of 1774. The restrictions on the tender of silver, Lord Liverpool’s Report of 1805, and the adoption of the gold standard.     The different developments of banking in England, Scotland and Ireland during the eighteenth century. The commercial expansion after 1763. The restriction of cash payments. The Bullion Committee. Lord Stanhope’s Act. The resumption of cash payments, and the various currency proposals made in connection with it by Ricardo, Baring and Huskisson.

       The modifications of the privileges of the Bank of England, and the rise of the English joint stock banks. The Bank Acts of 1844 and 1845. Recent developments in Banking.

       Throughout the course the attention of students will be specially directed to the study of important documents and to the sources of historical information generally.

BOOKS RECOMMENDED. — Ruding, Annals of the Coinage (for reference); Dana Horton, The Silver Pound; Chalmers, Colonial Currencies (for reference); Lord Liverpool, Treatise on the Coins of the Realm; Andréadès, History of the Bank of England; Powell, The Evolution of the Money Market, 1385-1915; Bisschop, The London Money Market, 1640-1826; Ricardo, Currency Tracts in McCulloch’s edn. of the Works, also partly reprinted as Ricardo’s Economic Essays (Bell & Sons, 1923); Graham, The One-pound Note in the History of Banking in Great Britain; Cannan, The Paper Pound: 1797-1821; Tooke and Newmarch, History of Prices (for reference); Bankers’ Magazine (for reference); Various Parliamentary and other Reports: especially the Reports of 1810 and 1819; Royal Mint: Statutes, etc., relating to the Coinage of the British Empire; Reports of the U.S.[National] Monetary Commission (for reference).

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14. — Z and A. — The Foreign Exchanges and International Banking, a course of five lectures by Dr. Gregory, on Thursdays, at 12 noon, in Summer Term, beginning 30th April.

[For B.Com., Group A, and B.Sc. (Econ.), Final—special subject.]

Fee:— 10s.

¶ For evening students the same course will be given on Thursdays, at 7 p.m., beginning 30th April.

Fee:— 6s. 8d.

Syllabus.

The concept of Foreign Exchange. Types of Bills of Exchange. Quotations and Markets. Bankers’ credits in relation to the Exchanges. The Discount Market and its relation to Finance Bills. Arbitrage. Forward purchases and sales of Bills. The regulation of Exchange rates by discount rate variations. The fundamental causes of Exchange movements, the purchasing power parity. The development of the theory of the Exchanges. The organisation of International Banking. Exchange in relation to trade. “Exchange dumping.”

BOOKS RECOMMENDED. — Whitaker, Foreign Exchange; O. Haupt, Arbitrages et Parités; Spalding, Foreign Exchange and Foreign Bills; Escher, Foreign Exchange Explained, Kemmerer, Modern Currency Reforms; Manual of Emergency Legislation (Financial Edition); Gregory, Foreign Exchange Before, During and After the War; Cassel, The World’s Monetary Problems (Constable & Co.); Cassel, Money and Exchange since 1914; J. M. Keynes, in the Manchester Guardian Reconstruction Numbers.

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15. — Z and A. — Banking and Finance in the Principal Countries, a course of forty lectures by Miss Tappan (T.) and Dr. Gregory (L.T.), on Tuesdays, at 12 noon, and Wednesdays, at 11 a.m., beginning M.T. 7th October, L.T. 13th January.

[For B.Com., Group A, and B.Sc. (Econ.), Final — special subject.]

Fee: — Sessional, £5; Terminal, £3.

¶ For evening students the same course of lectures will be given on Tuesdays, at 8 p.m., and Wednesdays, at 7 p.m., beginning 7th October.

Fee: — Sessional, £3 6s. 8d.; Terminal, £2.

(a) The U.S.A., South America and the Near East, twenty lectures by Miss Tappan, in the Michaelmas Term.

(b) Europe, twenty lectures by Dr. Gregory, in the Lent Term.

Syllabus.

This course will describe the main features in the evolution of the Currency and Banking Organisation of the countries concerned; the present position and the main problems of current interest.

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16.¶ — Z and A. — Banking in the British Dominions, a course of nine lectures by Dr. Gregory, on Thursdays, at 7 p.m., in the Lent Term, beginning 15th January.

[For B.Com., Group A, and B.Sc. (Econ.), Final—special subject.]

Fee: — 18s.

Syllabus.

The legal position and present economic organisation of Banking and Currency in Canada, South Africa, Australasia and India.

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17. — A. — Recent Monetary History and Monetary Controversies: an Introduction to the Monetary History of the Modern World, a course of six lectures by Dr. Gregory, on Wednesdays, at 5 p.m., in the Summer Term, beginning 29th April.

[For B.Com., Group A, and B.Sc. (Econ.), Final.]

Fee: —12s.

Syllabus.

The triumph of the gold standard in the last third of the 19th century. The re-opening of controversy; bimetallism, the gold exchange standard. The theoretical implications of the gold exchange standard. The revival of monetary mysticism. Knapp and his followers. The rise of prices and the suggested stabilisation of the value of money. Fisher’s Compensated Dollar. The spread of banking and the evolution of banking theory: was there a philosophy of Central Banking at all? The War and the ruin of the gold standard. Cassel’s theory of the Foreign Exchanges. The Monetary theories of the Brussels and Genoa Conferences Stabilisation and the Discount Rate.

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18.¶ Banking Class, for students taking B.Com., Group A. or taking Banking as their special subject for the Final B.Sc, (Econ.), by Miss Tappan, in the Michaelmas Term on Tuesdays. at 3 p.m., beginning 14th October (day students); and Mondays, at 8 p.m., beginning 13th October (evening students). This class will be held by Dr. Gregory in the Lent and Summer Terms; on Tuesdays at 3 p.m., beginning 20th January (day students), and Thursdays at 6 p.m. beginning 22nd January (evening students).

N.B.Reference should also be made to the following courses:—

No. 1. Accounts I.
No. 2. Accounts II.
No. 132. Mercantile Law (I.).
No. 135. Law of Banking.

Source: London School of Economics and Political Science, Calendar for Thirtieth Session 1924-25, pp. 72-75.

Image Source: Wikimedia commons. Portraits (from the 1930s?) of Theodore Emmanuel Gregory and Marjorie Tappan Hollond. Both images smoothed and colorized by Economics in the Rear-view Mirror.

Categories
Curriculum Michigan

Michigan. Prussian university as the model for higher education. Tappan, 1852-53

 

Digging around the history of economics instruction at the University of Michigan, I stumbled across the fact that the first President of the University of Michigan was a huge fan of the organization of Prussian education. Henry P. Tappan‘s extended statement of his vision for American colleges and universities can be read in his 1851 book University Education. One sees his ambition to restructure the University of Michigan along Prussian lines in the excerpt below taken from the  first catalogue published under Tappan’s  leadership in 1852-53.

There are several things that struck me when I read the 1852-53 Michigan catalogue:  counting Tappan, the University of Michigan’s faculty of science, literature and arts was all of eight professors; the entire undergraduate student body in 1852-53 was sixty students; undergraduates who passed the admissions examinations had to be at least fourteen years old to be enrolled; the B.A. and B.S. degrees both included a mandatory single term course in political economy in the junior year; reponsibility for the political economy courses at the collegiate (undergraduate) and university (graduate) levels was with the Professor of Intellectual and Moral Philosophy (Henry P. Tappan).

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First President of the University of Michigan

HENRY PHILIP TAPPAN was born at Rhinebeck on the Hudson, New York, April 18,1805. His father’s family was of Huguenot extraction; on his mother’s side he was Dutch. He entered Union College at the age of sixteen and was graduated Bachelor of Arts in 1825. Two years later he was graduated from the Auburn Theological Seminary and became associate pastor of the Dutch Reformed church in Schenectady, New York, for one year. He was next settled as pastor of the Congregational church at Pittsfield, Massachusetts. To this charge he took with him his newly married wife, a daughter of Colonel John Livingston, of New York. At the end of three years he was obliged to seek health and made a trip to the West Indies. On his return in 1832 he was elected professor of Intellectual and Moral Philosophy in the University of the City of New York. He had been a critic of the American college. He felt that it was not equal to the demands of American society, and now that he had become a teacher he began to study the problem more closely. He saw the need of better libraries and apparatus, better equipped faculties, and more freedom in the choice of studies; but his superiors were not yet prepared for his advanced ideas, and he resigned his chair. This was in 1838. He now turned his attention to authorship, at the same time conducting a private school. In 1839 appeared his “Review of Edwards’s Inquiry into the Freedom of the Will”; in 1840, “The Doctrine of the Will Determined by an Appeal to Consciousness”; in 1841, “The Doctrine of the Will Applied to Moral Agency and Responsibility”; in 1844, “Elements of Logic”; in 1851, a treatise on “University Education “; and in 1852, ” A Step from the New World to the Old and Back Again.” In 1852 he was invited to resume his former chair of Philosophy in the University of the City of New York, and the same year he was elected to the presidency of the University of Michigan. He accepted the call from Michigan and became the first President of the University, and Professor of Philosophy. He believed that a university worthy of the name must arise from the successive stages of primary and secondary schools. But these could be secured in completeness and perfection only by state authority, and by state and municipal appropriations derived from public funds and public taxation. These conditions he found partially established in the State of Michigan. Hope took possession of his heart, and he proceeded to create the American university according to his idea; but he moved faster than the circumstances would warrant, and after eleven years of labor he left the work to other hands. The seed he sowed took root, and in due time his controlling idea was embodied in practice, which was the university lecture and freedom in the choice of studies. A more detailed account of his work at Ann Arbor will be found in the chapter devoted to his administration. He received the degree of Doctor of Divinity from Union College in 1845 and the degree of Doctor of Laws from Columbia in 1854. In 1856 he was elected a corresponding member of the Imperial Institute of France. On leaving Michigan in 1863 he went immediately to Europe. In Berlin, Paris, Bonn, Frankfort, Basel, and Geneva he found literary friends and cultivated circles glad to welcome him. He resided at Basel for some years, and finally purchased a beautiful villa at Vevey, on the shores of Lake Geneva, where he passed his declining years, and where he died November 15, 1881. He lies buried, with his entire family, high up on the vineclad slopes above Vevey, facing the lake, with its heavenly blue, and the glorious mountains of Savoy beyond. Thither more than one of his old Michigan boys have found their way in the after years to do homage at his tomb.

Source: Burke A. Hinsdale, History of the University of Michigan (Ann Arbor, 1906), pp. 217-218.

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Reception of Tappan’s Vision of a University

President Tappan incurred much opposition and ridicule on account of his persistent advocacy of the German
ideal. “So much was this foreign school system the burden of his discourse that it brought upon him a storm of
censure and abuse from some of the journals of the state, whose editors were alarmed for the glory of the American eagle, or, possibly, were glad of a theme so potent to rouse the stout patriotism of their American hearts. Of all the imitations of English aristocracy, German mysticism, Prussian imperiousness, and Parisian nonsensities, he is altogether the most un-Americanized, the most completely foreignized specimen of an abnormal Yankee we have ever seen. Such was the style of the attacks made upon him, worth notice only as pointing to the source from which opposition came.” — History of the University of Michigan, Elizabeth M. Farrand, Ann Arbor, 1885, pp. 112-113.

Source: Burke A. Hinsdale, History of the University of Michigan (Ann Arbor, 1906) p. 86.

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Excerpts from First Catalogue of Tappan Presidency

ORGANIZATION OF THE UNIVERSITY.

THE system of Public Instruction adopted by the State of Michigan is copied from the Prussian, acknowledged to be the most perfect in the world.

Hence the Constitution ordains, first of all, that there shall be a Superintendent of Public Instruction, who “shall have a general supervision of public instruction.” This office corresponds in its general features to the Minister of Public Instruction in Prussia.

With respect to the Primary Schools, the Constitution has ordained that “a school shall be kept, without charge for tuition, at least three months in each year, in every school district in the State; and all instruction in said schools shall be conducted in the English language.” These schools it is designed to make as comprehensive and perfect as possible. To this end a system of Union Schools is going into operation, constituted by throwing together several District Schools. By this means the material of learning is increased, the course of study enlarged, and more competent teachers are provided.

The Union Schools will become the elementary classical and scientific schools preparatory to the Collegiate or Gymnastic Department of the University. This, too, is in accordance with the Prussian system, which makes the Primary Schools preparatory to the Gymnasia.

The Normal School, constituted for the education of Teachers, is an essential part of the Primary School system.

In the University, it is designed to organize all the Faculties with the exception of the Theological, which will be left to the different denominations. It is to be hoped, however, that schools of Theology will be established at Ann Arbor. In some departments of Theological science it may be possible for the different denominations to unite in establishing common professorships. In others they will naturally choose to have separate professorships. But every one will perceive, at once, the advantages to be derived from collecting all the learned Faculties in one place, where the students can enjoy the common benefit of the University library, and attend, at their pleasure, while engaged in particular professional studies, lectures on other branches of literature and science. Thus, too, a more general spirit of scholarship will be awakened, and a generous competition kept alive.

There are already organized two Faculties, that of Science, Literature and the Arts, and that of Medicine.

In the first named department, that grade of studies has been established which in our country is usually designated as the Collegiate or Undergraduate. This, in all our Colleges, corresponds in general to the course in the Gymnasia of Germany. In the University of Michigan, it is a cardinal object to make this correspondence as complete as possible. Hence, it is proposed to make the studies here pursued not only introductory to professional studies, and to studies in the higher branches of science and literature, but also to embrace such studies as are more particularly adapted to agriculture, the mechanic arts, and to the industrial arts generally. Accordingly, a distinct scientific course has been added, running parallel to the classical course, extending through the same term of four years, and embracing the same number of classes with the same designations. In this course, a more extended range of Mathematics will be substituted for the Greek and Latin languages. Students, who have in view particular branches as connected immediately with their pursuits in life, and who do not aim at general scientific or literary study, will be admitted to partial courses. The schools of Civil Engineering and Agricultural Chemistry will be among the partial courses.

The design of the Regents and Faculty is, to make the Collegiate or Gymnastic department as ample and rich as possible, and to adapt it to the wants of all classes of students that properly come within its range.

The classical and scientific courses, whether full or partial, will be conducted by the University Faculty of Science, Literature and the Arts.

But the Regents and Faculty cannot forget that a system of Public Instruction can never be complete without the highest form of education, any more than without that primary education which is the natural and necessary introduction to the whole. The Undergraduate course, after all that can be done to perfect it, is still limited to a certain term of years, and, necessarily, embraces only a limited range of studies. After this must come professional studies, and those more extended studies in Science, Literature and the Arts, which alone can lead to profound and finished scholarship. A system of education established on the Prussian principles of education, cannot discard that which forms the culmination of the whole. An institution cannot deserve the name of a University which does not aim, in all the material of learning, in the professorships which it establishes, and in the whole scope of its provisions, to make it possible for every student to study what he pleases, and to any extent he pleases. Nor can it be regarded as consistent with the spirit of a free country to deny to its citizens the possibilities of the highest knowledge.

It is proposed, therefore, at as early a day as practicable, to open courses of lectures for those who have graduated at this or other institutions, and for those who in other ways have made such preparation as may enable them to attend upon them with advantage. These lectures, in accordance with the educational systems of Germany and France, will form the proper development of the University, in distinction from the College or Gymnasium now in operation.

Such a scheme will require the erection of an observatory, a large increase of our library and our philosophical apparatus, and additional Professors. A great work, it will require great means: but when once accomplished, it will constitute the glory of our State, and give us an indisputable pre-eminence.

The Medical Department already established belongs to the University proper. Here instruction is carried on by lectures, and it is presumed that students, by the aid of these lectures the design of which is to present them a complete outline of medical science, and to direct them in their studies-by the study of learned works, and, availing themselves of all the preparations made for the thorough study of their profession, shall be enabled to compose the Theses and pass the examinations which are to test their scholarship and prove them worthy of being admitted as Doctors of Medicine.

Source: Catalogue of the Corporation, Officers and Students in the Departments of Medicine, Arts and Sciences, in the University of Michigan 1852-53 (Detroit, 1853), pp. 19-22.

DEPARTMENT OF SCIENCE, LITERATURE AND THE ARTS.
FACULTY.

REV. HENRY P. TAPPAN, D.D.,
CHANCELLOR,
And Professor of Intellectual and Moral Philosophy.

REV. GEORGE P. WILLIAMS, LL.D.,
Professor of Natural Philosophy and Mathematics.

ABRAM SAGER, A.M., M.D.,
Professor of Zoology and Botany.

SILAS H. DOUGLASS, A.M., M.D.,
Professor of Chemistry, Mineralogy and Geology.

LOUIS FASQUELLE, LL.D.,
Professor of Modern Languages.

JAMES R. BOISE, A.M.,
Professor of the Greek Language and Literature.

ALVAH BRADISH, A.M.,
Professor of Fine Arts.

REV. E. O. HAVEN, A.M.,
Professor of Latin Language and Literature.

[…]

[In the Department of Literature, Science and Arts there were a total of 60 undergraduates (10 Seniors, 21 Juniors, 18 Sophomores  and 11 Freshmen)]

[…]

TERMS OF ADMISSION.

DEPARTMENT OF SCIENCE, LITERATURE AND THE ARTS.—UNDERGRADUATE COURSE

  1. CLASSICAL COURSE. — No person will be admitted to this course unless he sustain a satisfactory examination in the following studies, namely: In English Grammar, Geography, Arithmetic and Algebra through equations of the first degree; in the Latin Grammar, Caesar’s Commentaries, Cicero’s Select Orations, and six books of the Æneid of Virgil, or in some equivalent amount of classical Latin; in the Greek Grammar and the Greek Reader, or in some equivalent amount of classical Greek; in the writing of the Latin and Greek (with the accents); and in Grecian and Roman Geography.
  2. SCIENTIFIC COURSE. — The examinations for admission to this course will be particularly rigid in the following studies, namely: English Grammar, Geography, Arithmetic, and Algebra through equations of the first degree.
  3. PARTIAL COURSE. — Those who do not desire to become candidates for a degree, may be admitted to any part of the classical or scientific course, for such length of time as they may choose, in case they exhibit satisfactory evidence of such proficiency as will enable them to proceed advantageously with the studies of the class which they propose to enter.

No person shall become a candidate for admission to any of the above courses until he have completed his fourteenth year, nor without presenting satisfactory evidence of unexceptionable moral character.

[…]

COURSE OF INSTRUCTION.

DEPARTMENT OF ARTS AND SCIENCES.—UNDERGRADUATES.

Classical Course

Scientific Course

FIRST YEAR

First term

Latin, English Language and Literature,
Greek, History,
Algebra. Algebra.

Second term

Algebra and Geometry, Algebra and Geometry,
Latin, History,
Greek. English Language and Literature

Third term

Geometry, Geometry,
Greek, French,
Latin. History.

SECOND YEAR

First term

Rhetoric, Rhetoric,
Trigonometry and Conic Sec., Trigonometry and Conic Sec.,
Latin or Greek. French.

Second term

Latin, German,
Rhetoric, French,

Greek.

Mensuration, Navigation,[and Surveying].

Third term

Latin or Greek, German,
French, Descriptive and Analytical Geometry,
Natural Philosophy. Natural Philosophy.

THIRD YEAR

First term

Political Economy, Political Economy,
Natural Philosophy, Natural Philosophy,
French. German

Second term

German, Drawing, Perspective and Architecture,
Latin or Greek, Calculus,
French. Rhetoric.

Third term

German, Civil Engineering,
Astronomy, Mental Philosophy,
Latin or Greek. Chemistry.

FOURTH YEAR

First term

German, Civil Engineering,
Mental Philosophy, Mental Philosophy,
Chemistry. Chemistry.

Second term

Moral Science. Moral Science,
Mental Philosophy and Logic, Mental Philosophy and Logic,
Chemistry. Chemistry.

Third term

Moral Science, Moral Science,
Animal and Vegetable Physiology Animal and Vegetable Physiology,
Geology. Geology.

Lectures through the year, once each week, on Natural Theology and Evidences of Christianity, to all the classes.

Exercises in declamation and English composition, for each class, weekly, through both courses. Original declamations through the last two years.

[…]

UNIVERSITY COURSE.

This Course is designed for those who have taken the degree of Bachelor of Arts or the degree of Bachelor of Sciences, and for those generally who, by previous study, have attained a preparation and discipline to qualify them for pursuing it.

The Course will be conducted exclusively by lectures. Besides attending these the student will have full opportunity of availing himself of the library and all other means that can aid him in literary cultivation and scientific researches.

This Course, when completely furnished with able professors and the material of learning, will correspond to that pursued in the Universities of France and Germany.

The following scheme will present, in general, the subjects proper to such a course:

  1. Systematic Philosophy.
  2. History of Philosophy.
  3. History and Political Economy.
  4. Logic.
  5. Ethics and Evidences of Christianity.
  6. The Law of Nature — The Law of Nations — Constitutional Law.
  7. The Higher Mathematics.
  8. Astronomy.
  9. General Physics.
  10. Chemistry.
  11. Natural History.
  12. Philosophy.
  13. Greek Language and Literature.
  14. Latin Language and Literature.
  15. Oriental Languages.
  16. English Language and Literature.
  17. Modern Literature.
  18. Rhetoric and Criticism.
  19. The History of the Fine Arts.
  20. The Arts of Design.

[…]

OF DEGREES

DEPARTMENT OF SCIENCE, LITERATURE AND THE ARTS.

The degree of Bachelor of Arts, in accordance with general usage, will be conferred on students who complete the Classical Course and pass the examinations in the same.

The degree of Bachelor of Sciences will be conferred on students who complete the Scientific Course and pass the examinations in the same. This title, borrowed from the French Colleges, has already been introduced into the Lawrence Scientific School, of Harvard, and into the University of Rochester, to mark the graduation of a similar class of students.

The degree of Master of Arts will not be conferred in course upon graduates of three years standing, but only upon such graduates as have pursued professional or general scientific studies during that period. The candidate for the degree must pass an examination before one of the Faculties. He must also read a Thesis before the Faculties of the University at the time of taking the degree.

[…]

OBSERVATIONS ON THE COURSES OF STUDY PURSUED IN THE UNIVERSITY

[…]

INTELLECTUAL AND MORAL PHILOSOPHY.

This study is conducted by the use of text books, accompanied with lectures. Essays on subjects connected with the course are read by the students and criticised by the professor. One is read at each recitation. Reference is made to the standard works of ancient and modern writers on philosophy.

A complete development of this branch of knowledge must necessarily be reserved for the University Course.

HISTORY AND POLITICAL ECONOMY

History, particularly that of the Greeks and Romans, is connected with the study of the ancient languages.

Political Economy is, at present, assigned to the Professor of Intellectual and Moral Philosophy [Chancellor Rev. Henry P. Tappan, D.D.]. Instruction is here given, as in Intellectual and Moral Philosophy, by the use of text books, accompanied with lectures and by references to the standard works on Political Economy. The students are here also required to read original essays on subjects connected with the course.

 

Source: Catalogue of the Corporation, Officers and Students in the Departments of Medicine, Arts and Sciences, in the University of Michigan 1852-53 (Detroit, 1853), pp. 13, 23-26, 28, 30.

Image Source: Web transcription of Elizabeth S. Adams,  “Henry Philip Tappan Administration” in The University of Michigan, An Encyclopedic Survey in Four Volumes, Wilfred B. Shaw, editor, Volume 1, Part 1 (Ann Arbor, 1942),  pp.  39-52.