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Economic History Exam Questions Harvard Suggested Reading

Harvard. US Economic History. Readings and Exams. Sprague and Patten, 1901-1902

In addition to a course announcement with description, enrollment figures, and the mid-term and/or year-end examination questions, we have a reading list for “reports”, presumably to be written or presented by students, for a course in U.S. economic history jointly taught by O.M.W. Sprague and James Horace Patten (see below) at Harvard during the 1901-1902 academic year.

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JAMES HORACE PATTEN

Born at Spring Hill, Kan., Dec. 23, 1877. Son of Henry Harrison and Gertrude (Pratt) Patten.

School: Paola and Olathe High School; Wentworth Military Academy.

Year in College: 1896-97. A.B.; AM. 1899; LL.B. 1905; A.B. 1896 (Kansas State University).

Married: Olive Young Latimer, Oct. 12, 1909, Belton, S.C.

Occupation: Lawyer.

Address: (business) 204 Second Street, S.E., Washington, D.C.; (home) 1918 S. Street, N.W., Washington, D.C.

Was Instructor of Economics, Harvard College, 1900-02; Austin Teaching Fellow, Harvard, 1902-03; appointed Professor of Political Science, University of New Brunswick, in May, 1902; resigned in August, 1902, to enter Harvard Law School; admitted to the Massachusetts Bar in June, 1905; South Carolina Bar in 1909; District of Columbia in 1906; resided in Washington, D.C., since 1905, office 204 Second Street, S.E.; residence 1918 S Street, N.W., Washington, D.C. I was general counsel, Farmers’ educational Co-operative Socitey, 1909-16; assistant secretary, Farmers’ National Congress, 1914-18; and secretary, 1918-20; secretary, Immigration Restriction League since 1912; member, Phi Beta Kappa, Beta Theta Pi, Mason, University Club, Washington, D.C.; national vice-president, Patriotic Order Sons of America.

SourceHarvard Class of 1897. Twenty-Fifth Anniversary Report 1897-1922, pp. 421-422.

James Horace Patten. “The Immigration Problem and the South” from The American (Raleigh, N.C.: April 1, 1906).

His death

[Died Apr. 25, 1940 (AP) Washington, April 26: “James H. Patten, 62, attorney and publicist, died yesterday from effects of illunitating gas a short time after his wife found him in the kitchen of their home”

A certificate of suicide was issued. “Mrs. Patten told police her husband had been in ill health and suffering from a nervous disorder for some time.” The Greenville News, S.C. April 27, 1940, p. 10]

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Course Announcement,
1901-1902.
Economics 6

For Undergraduates and Graduates

  1. The Economic History of the United States. Tu., Th., at 2.30. Dr. [Oliver Mitchell Wentworth] Sprague and Mr. [Austin Teaching Fellow, James Horace] Patten.

Course 6 gives a general survey of the economic history of the United States from the close of the eighteenth century to the present time, and aims to show on the one hand the mode in which economic principles are illustrated by American experience and, on the other, the extent to which economic conditions have influenced social and political development. The following are among the subjects considered: aspects of the Revolution and commercial relations during the Confederation and the European wars; the history of the protective tariff policy and the growth of manufacturing industries; the settlement of the West and the history of transportation, including the early canal and turnpike enterprises of the states, the various phases of railway building and the establishment of public regulation of railways; the development of corporations and the formation of industrial combinations; various aspects of agrarian history, such as the public land policy, the growth of foreign demand for American produce and the subsequent competition of other sources of supply, certain social topics, such as slavery and its economic basis, emancipation and the present condition of the Negro, the effects of immigration. Finally, the more important features of our currency and financial history are reviewed. Comparisons will be made from time to time with the contemporary economic history of Europe.

The course is taken advantageously with or after History 13. It is open to students who take Economies 1, and also to Juniors and Seniors who are taking that course.

Source: Harvard University Archives. Annual Announcement of the Faculty of Arts and Sciences, Division of History and Political Science comprising the Departments of History and Government and Economics (June 21, 1901).  Official Register of Harvard University 1901-1902. Box 1. Bound volume: Univ. Pub. N.S. 16. History, etc. p. 42.

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Course Enrollment, 1901-02
Economics 6.

For Undergraduates and Graduates:—

[Economics] 6. Dr. Sprague and Mr. Patten. — The Economic History of the United States.

Total 125: 7 Graduates, 33 Seniors, 53 Juniors, 19 Sophomores, 13 Others.

Source: Harvard University. Report of the President of Harvard College, 1901-1902, p. 77.

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REPORTS IN ECONOMICS 6.

[In pencil: “1901-02 ?”]

COLONIAL TOPICS.

  1. ENGLISH COLONIAL POLICY. — WAS IT BENEFICIAL TO THE COLONIES OR THE MOTHER COUNTRY?

Beer: Commercial Policy of England toward her Colonies, chs. iv-viii.

Rogers: Economical Interpretation of History, 318-340.

Rabbeno: American Commercial Policy, 48-91.

Smith: Wealth of Nations, Bk. IV, ch. vii.

Ricardo: Principles of Political Economy and Taxation, ch. xxv.

Bernard: Select Letters on the Trade Government of America.

  1. SPANISH COLONIES AND COLONIAL POLICY.

Burke: European Settlements in America, Part III, chs. iii-v, viii, ix, xi, xvi.

Robertson: History of America, Bk. VIII.

Lewis: Government of Dependencies, 134-165, 351-9.

Merivale: Colonization and Colonies, I, 1-44.

Moses: The Casa de Contratacion of Seville. — Annual Report of the American Historical Assn., 1894, pp. 93-123.

Winterbotham: History of America, IV, 176-202.

Reynal: History of the Indies, III, 336-426, IV, 275-345.

Humbolt: Political Essays on the Kingdom of New Spain, I, 230-257, III, 231-251, 283-294, 324-3336, 394-418, 490, IV, 27, 55, 92-127.

  1. THE COLONIAL LABOR PROBLEM. — DIFFICULTY OF SECURING A SUPPLY OF LABOR AND THE MEANS USED TO OVERCOME IT.

(a) Transportation of Criminals, and Indentured Servants.

Merivale: Colonization and Colonies, Part III, Lecture ix, xii, xiii.

Brownlow: Slavery and Serfdom in Europe, Lecture v.

Fisk: Old Virginia and Her Neighbors, II, 174-189.

Bruce: Economic History of Virginia, chs. ix, x.

Weeden: Economic and Social History of New England, 83-87, 520-522.

American Husbandry, I, 169-70. (Lib. No. 47.42.)

Lucas: Historical Geography of the British Colonies, II, 47.

(b) The African Slave Trade.

Weston: Progress of Slavery, 153-163, (ch. xi).

Merivale: Colonization and Colonies, Lecture ix-xi.

Lucas: Historical Geography of the British Colonies, III, chs. ii, iii.

DuBois: Suppression of the African Slave Trade, 1-6.

Cobb: Historical Sketch of Slavery, ch. IX.
Bandinel: Some Account of the Trade in Slaves, etc., Part I.
Edwards: History of the West Indies, Bk. IV, chs. ii-v.

Dean: Connection of Massachusetts with Slavery.

Weeden: Economic and Social History of New England, ch. xii.

Bruce: Economic History of Virginia, ch. xi.

  1. COLONIAL CURRENCY. — SCARCITY OF SPECIE CURRENCY AND SOME OF THE SUBSTITUTES FOR IT.

White: Money and Banking, 120-134, 248-258.

Weeden: Economic and Social History of New England, pp. 32-45, 314-336, 473-491, 674-678.

Macfarlane: Pennsylvania Paper Currency. — Publications of American Academy of Pol. and Soc. Science, Vol. VIII, 50.

Bruce: Economic History of Virginia, ch. xix.

Ripley: Financial History of Virginia, ch. xix.

Davis: Currency Discussions in Mass. in the 18th Century. — Quarterly Journal of Economics, XI, 70, 136.

Douglass: A Discourse Concerning the Currencies of the British Plantations in America. — Economic Studies, II, No. 5.

COMMERCE AND INDUSTRY.

  1. COMMERCIAL RELATIONS WITH GREAT BRITAIN 1783-1830. — NAVIGATION ACTS AND THE WEST INDIA TRADE.

Lyman: The Diplomacy of United States, II, chs. ii, iii, xii.

Edwards: History of the West Indies, Bk. VI, ch. iv.

Lindsay: History of Merchant Shipping, II, 250-256, 345-407, III, 53-65.

Jay: Life and Writings of John Jay, I, 330-334.

Sumner: Life of Jackson, 164-170.

Rand: Economic History since 1763. (2d Ed.), 515-517.

Adams: Works, VIII, 241, 241 (sic), 310, 327, 350, (273-466).

Madison: Writings, II, 158, 170, 173, 197, 233. 480-483.

  1. SOME REPRESENTATIVE VIEWS OF TARIFF POLICY.

(a) Webster and the Position of New England.

Webster: Works, III, 94 (1824), 224 (1828), V, 161 (1846).

Taussig: State Papers and Speeches on the Tariff, 317-385.

For the votes of each state on each Tariff Act, see Sen. Rept. No. 2130, 2d Sess. 51st Congress, pp. 118-120.

(b) Calhoun and McDuffie. — Opposition of the South. — . Had South Carolina just cause for complaint?

Houston: A [Critical] Study of Nullification in South Carolina, chs. iii, iv.

Calhoun: Works, II, 163-173, VI, 2-34.

McDuffie: In Annals of Congress, 18th Cong., I, 1552, 1677, II, 2402-2425; in Congressional Debates, III, 1003, 1006, 2400-2404, VI, 843-847, VIII, Part III, 3142.

(c) Hamilton and Gallatin.

Gallatin: Report on Manufactures, 26-29 (Lib. No. 7372, 25).

Taussig: State Papers and Speeches on the Tariff, 1-62, 109-213.

Rabbeno: American Commercial Policy, 287-324.

(d) List and Carey.

Rabbeno: American Commercial Policy, 325-383.

List: National System of Political Economy, 189-352.

Carey: Principles of Social Science: I, chs. iv, §§1-3, viii, x, xiv, xv, xix, xx. xxvi-xxix.

  1. THE TARIFF POLICY AND THE GROWTH OF INDUSTRY 1846-1860. — HOW DID THE LOW DUTIES AFFECT MANUFACTORIES AND WAGES?

Webster: Works, V, 225-235.

Winthrop: Cong. Globe, 1845-46. Appendix, 972-973.

Taussig: Tariff’ History of the U.S., 109-154.

Bolles; Financial History of the U. S., 449-466

Grosvenor: Does Protection Protect, chs. ix, xi, xvi, xix-xxii, xxiv.

Bishop: History of American Manufactures, II, 505 (483-505).

Wright: Comparative Wages, 23-38, 191-199.

Aldrich: Report on Wholesale Prices, Wages, and Transportation, Part I, 11-16. (Sen. Report, No. 1394, 52d Cong. 2d Sess.)

Compendium of the 7th Census, 178-184.

Compendium of 8th Census, 59-75.

  1. GROWTH AND DECAY OF AMERICAN SHIPPING.

Shaler: The United States of American, I, 518-624.

Kelley: The Question of Ships, ch. i-v, xi.

Bates: American Marine, chs. ii, viii-xii, xxii.

Wells: Decay of Our Ocean Mercantile Marine. (Lib. No. v. 6034).

Lindsay: History of Merchant Shipping, IV, chs. iii, iv.

Lynch: Causes of the Reduction of American Tonnage.

SETTLEMENT OF THE WEST.

  1. SPREAD OF COTTON CULTURE AND ITS EFFECT ON SLAVERY. — HAD SLAVERY A PERMANENT ECONOMIC BASIS IN THE SOUTH?

Hammond: The Cotton Industry, chs. ii, iii.

Merivale: Colonization and Colonies. I, 295-302.

Wakefield: The Public Lands a Mine of Wealth, 44-46.

_________: England and America, ii, 1-17.

Sterling: Letters from the Slave States, 302-322.

Hildreth: Despotism in American, ch. iii.

Weston: Progress of Slavery, chs. i-iv, xii, xiv-xvi.

Cairnes: The Slave Power, chs. ii-v, especially 83-92.

Olmsted: The Cotton Kingdom, I, ch. 1; II, 361-398; or

_________: A Journey in the Back Country, ch. viii.

_________: Seaboard Slave States, chs. iii. iv, viii.

Russell: North America, its Agriculture and Climate, chs. viii-x, (xv-xvi).

  1. IMPROVEMENTS IN TRANSPORTATION, AND GROWTH OF INTERNAL COMMERCE AS INDICATED BY LAKE, RIVER, AND CANAL TRAFFIC, 1813-1860.

McMaster: History of United States, III, 459-496, 1V, 381-424.

Million: State Aid to Railways in Missouri, 7-29, 196-229.

Adams: Public Debt, 317-342.

Flagg: Internal Improvements in New York. — Hunt’s Merchants’ Magazine, XXIII-XXV. (See also, VI, 439, XVIII, 488.)

Poor: Manual of the Railroads of the U. S., 1868-9, pp. 9-19.

Kettell: In Eighty Years’ Progress, 165-167, 178-190.

U.S. Treas. Dept.: Report on the Internal Commerce of the United States, 178-233.

Andrews: Report on Colonial and Lake Trade.

De Bow: Industrial Resources of the South and West, I, 444-453.

  1. SALE AND SETTLEMENT OF THE PUBLIC LANDS. — PUBLIC LAND POLICY

McMaster: History of U.S., II, 476-482, III, 89-146.

Hart: Practical Essays on American Government, 233-258.

Donaldson: The Public Domain, chs. vii, viii, x, xiii, xx, xxvii.

Gallatin: Writings, III, 209-229.

Colton: Life, Correspondence, and Speeches of Henry Clay. I. ch. xx, VI. 56-85.

American Annual Register, 1829-30, p. 67.

Sato: History of the Land Question in the U.S. — Johns Hopkins University Studies in Hist. and Pol. Sci., IV, Nos. vii-ix.

CURRENCY AND FINANCE

  1. THE FINANCIAL SYSTEM ESTABLISHED BY HAMILTON AND GALLATIN.

Hildreth: History of U.S., IV, 152-176; 206-220; 252-256; 536-538.

Dunbar: Some Precedents followed by Hamilton, Q.J.E., III, 32-59.

Hamilton: Reports on Public Credit; Works, III, 1-45, 457-529. (Lodge Ed., ii, 97-108; 475-529.)

Adams: Life of Gallatin, 267-274; 292-297

______: History of U.S., I, ch. x.

Howe: Taxation in the U.S. under the Internal Revenue System. chs. i, ii.

  1. BANK NOTES AS DEPRECIATED CURRENCY AND THE HISTORY OF THE SECOND UNITED STATES BANK, 1814-1846.

Hildreth: History of U.S., IV, 256-262.

Bancroft: A Plea for the Constitution, etc., Part iii.

White: Money and Banking, 271-313.

Gallatin: Considerations on the Currency and Banking System of the U.S., 5-6, 19-84. (See also Writings, 235-6; 253-336.)

Sumner: History of American Currency, 59-169; or

______: Life of Jackson, 236-276; 291-342.

McMaster: With the Fathers, 237-252.

  1. THE INDEPENDENT TREASURY AND EFFORTS TO SECURE A SPECIE CURRENCY, 1836-1860.

Bolles: Financial History of the U.S., II, 351-358.

Hildreth: Banks and Banking, 109-113; 170-177.

Gouge: A Short History of Paper Money and Banking in the U.S., 103-106: 111-116.

Van Buren: Special Message of 1837, Statesman’s Manual, 1051.

Webster: Works, IV, 312, 324.

Benton: Thirty Years’ View, II, 124, 164.

Kinley: The Independent Treasury of U.S., chs, i-iii, vii.

Sumner: History of American Currency, 161-189.

Source:  Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003.Box 1, Folder “Economics, 1901-1902”.

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Mid-Year Examination 1901-02
ECONOMICS 6

  1. Define or explain:
    1. Enumerated Commodities.
    2. The Molasses Act.
    3. Specie Circular.
    4. Independent Treasury.
    5. The “National Pike.”
    6. Pre-emption.
    7. The tariff of abominations.
  2. The iron industry in the United States to 1860 and the influence of the tariff upon its development.
  3. Why was protection favorably regarded in the West and South after the War of 1812?
  4. The relation of the public lands to the tariff after 1825.
  5. What economic reasons were advanced against the renewal of the charter of the second bank of the United States? Were they well-founded?
  6. The history of internal improvements in Michigan, Illinois, and Pennsylvania, distinguishing carefully important differences.
  7. The connection of the settlement of the Mississippi valley, improvements in transportation facilities, and changes in the nature and relative importance of occupations in different sections of the country. What statistics show the connection?

Source: Harvard University Archives. Harvard University Mid-year Examinations, 1852-1943. Box 6, Bound volume: Examination Papers, Mid-Years, 1901-02.

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Year-End Examination 1901-02
ECONOMICS 6

  1. Trace with specific illustrations the steps taken for the elimination of railroad competition between 1868 and 1878.
  2. Conditions leading to the greater diversification of agriculture in the United States. What peculiar obstacles present themselves in the South?
  3. Why are duties on raw materials less defensible than those on manufactures? Give specific illustrations.
  4. Why have the silk duties been more successful than the linen duties?
  5. The value of the inductive method in studying the effects of protective duties.
  6. What kinds of money might have increased in quantity under U.S. laws in 1874, in 1885 and in 1901?
  7. Why is the United States acquiring a larger proportion of the current production of gold now than ten or fifteen years ago?
  8. Defects in the fiscal system of the United States. Illustrate from experience during the war of 1812 and the Civil War

Source: Harvard University Archives. Harvard University, Examination Papers, 1873-1915. Box 6, Bound volume: Examination Papers, 1902-03. Papers Set for Final Examinations in History, Government, Economics, Philosophy, Education, Fine Arts, Architecture, Landscape Architecture, Music in Harvard College (June, 1902), p. 25.

Image Source: Wikimedia. Muse Clio from the illustrations to Ovid by Virgil Solis (1562).