Simon Patten, Who Led the Wharton School During the Progressive Era

Total Page:16

File Type:pdf, Size:1020Kb

Simon Patten, Who Led the Wharton School During the Progressive Era ne century ago this year, the Wharton lished work in which Patten foresaw such Maynard Keynes, the psychology of the School dismissed the most esteemed phenomena as the rise of economic fed- 18th century with the insight and challenge O and innovative theoretical economist eralism, the success of feminism, chang- of Freudian psychoanalysis, and the poli- who had ever passed through its doors. es in consumption habits and a general tics of Lincoln’s America and Bismarck’s Simon Patten, who was appointed rise in the standard of living, realign- Germany with the politics of the New Deal Wharton’s first professor of economics in ments of industrial and social control, and later periods.” Writing the year after 1888 and directed the school during its and future programs of taxation. John Patten’s 1922 death, Tugwell noted the fre- formative years from 1896 to 1912, was a Bates Clark, a pioneer of the marginalist quent prediction by his survivors that public intellectual whose breadth and revolution in economics (whose name Patten’s “reputation will grow with the originality left many of his contemporaries graces one of the field’s most prestigious years.” Sixty years later, in his definitive grasping for words to describe his insights, awards), once remarked that Patten 1982 history of the Wharton School, Steven which sometimes verged on the oracular. “anticipated all the later developments A. Sass judged him “perhaps the greatest Johannes Conrad, the eminent German in economics.” Patten is also credited mind in the history of the institution.” political economist under whom Patten with coining the term “social work,” and studied, was known to have said that he became a thought leader in debates learned more from Patten than he had about the roles of philanthropy and civic “ever learned from any one man.” Patten’s action in elevating the poor. student Rexford Tugwell W1915 Gr1922 “His thought,” biographer Daniel Fox Hon’71, who helped shape the New Deal summarized in 1967, “connected the world as a member of Franklin D. Roosevelt’s of John Stuart Mill with the age of John original “Brain Trust,” called him a “bril- liant mind” whose “prophetic power” was demonstrated by a sprawling body of pub- Simon Patten, who led the Wharton School during the Progressive Era, was a pioneer of the economics of abundance, theorist of the second industrial revolution, and intellectual godfather of the New Deal. His descent into obscurity poses provocative questions about how the field has evolved. By Trey Popp PROPHET OF PROSPERITY 48 THE PENNSYLVANIA GAZETTE Nov|Dec 2017 ILLUSTRATION BY DOUGLAS JONES Nov|Dec 2017 THE PENNSYLVANIA GAZETTE 49 Yet Patten today has fallen into almost Exceeding six feet in height by his 14th total obscurity. birthday, Patten seems to have been des- His books, long out of print, molder in tined to stand apart wherever he went. remote storage at Penn Libraries’ offsite Tugwell described him as “overgrown facility. His name is absent from encyclo- and awkward, with enormous hands and pedias of economics. The analysis of feet which he was never certain how to political economy and industrial eco- dispose of”: a country boy in the city, yet nomics that distinguished both Patten one who felt “alien among his people” in and Wharton during his tenure has van- rural Illinois. ished not only from the classrooms of “Patten carried a high pressure, long Huntsman Hall, but from Anglo-American unreleased, of idealistic steam,” Tugwell economics writ large. And according to reflected. “He longed to reconstruct the Richard Gelles, the former dean of the SIMON PATTEN world, to liberate the oppressed, to carry School of Social Policy and Practice: “As the truth to the unenlightened—in short, best as I can determine, most social work- hay. William, like Simon’s mother Betty, to expend the unlimited intensities of his ers today have no idea that a Wharton exemplified the American homesteader energy in the service of his fellow-men.” professor developed the term social work.” ideal. They were god-fearing Presbyterians Such ambitions were incompatible with It is not much of a stretch to presume who struck out westward and transformed a life spent behind the plow. Yet the very that Gelles’s observation applies equally what was widely (though erroneously) con- notion that the world could be reconstruct- to the vast majority of present-day sidered poor land into a cradle of abun- ed was deeply enmeshed with Simon’s Wharton students and alumni. And dance. William became a church elder and upbringing on the farm. Patten “knew therein lies a suggestion of what is so served in the state legislature, where he what it was to swing the scythe,” Tugwell fascinating about Simon Patten, and why voted for Abraham Lincoln in the momen- noted, but he came of age amid the dizzy- he is worthy of rediscovery—especially tous Lincoln-Douglas 1958 senatorial race. ing spread of mechanical mowers, reapers, right now, when the United States is Stephen Douglas’s narrow victory in threshing machines, and other powerful wrestling over the benefits and draw- that contest derived partly from what multipliers of agricultural productivity. backs of free trade, protectionism, and might be called the original “October sur- “Working beside his father,” observed monopoly power more contentiously prise,” when he received an eleventh-hour Simon’s biographer Daniel Fox, “he had than in perhaps any era since Patten’s endorsement from John Crittendon, a learned that poor land could be made pro- own. For Patten’s disappearance cannot former Kentucky governor, senator, and ductive by hard work and the application be explained purely as a function of his US attorney general who had joined the of scientific techniques, that these tech- accomplishments and failures as an American “Know Nothing” Party. The elec- niques enabled poor land to increase in economist. It is also a consequence of toral outcome was a last gasp for a fragile fertility more rapidly than rich land, [and] how the field itself has evolved over the political alliance between slavery accom- that fertility was a function of the variety past century—to a present that finds this modators, free-traders, and anti-immi- of crops produced on a piece of land.” nation and many others mired in dis- grant nativists. Two years later Lincoln This knowledge, Patten would soon dis- agreement about the legacy and future defeated Douglas to win the presidency, cover, ran contrary to some of the central promise of laissez-faire, globalization, on a Republican Party platform that premises of classical economic theory—and and other aspects of orthodox economic opposed the expansion of slavery, advo- therefore posed a challenge to the free- thought in our age of extremes. cated freedom of immigration and full trade orthodoxy that flowed from it. citizenship rights for immigrants, PRODIGY OF THE PRAIRIE demanded a free homestead policy, and THE GERMANOPHILE called for protective tariffs in the service Simon Patten was born in 1852 and reared of industrial development and “secur[ing] AND THE QUAKER on the northern Illinois prairie. His to the working men liberal wages.” In 1876, after a year and a half at North- father, William, had acquired a parcel That ethos, fused with a staunch com- western University, Patten joined one of there under the Preemption Act of 1841, mitment to what would come to be called the first waves of collegiate Americans to which permitted squatters to buy federal the Protestant Ethic, shaped Simon seek a variety of intellectual enrichment land at a discount. He transformed it into Patten’s passage into adulthood—which abroad that had proved elusive at home. a farm where shorthorn cattle, hogs, and came late enough for him to elude the At the University of Halle in Germany he horses grazed amid fields of oats, corn, and carnage of the Civil War. encountered Johannes Conrad, an influ- 50 THE PENNSYLVANIA GAZETTE Nov|Dec 2017 Joseph Wharton demanded that the “fungus” of free trade economics be stamped out in ential professor of political economy who the classrooms of his new school. challenged the dominant British school of classical economics and had begun to chart an alternative. Whereas David “established himself in the image of a Ricardo and Thomas Malthus held up the German professor,” introducing the first concepts of diminishing returns and pop- research seminar in the University’s his- ulation growth as natural laws that con- tory, titled the “Seminary for Political demned men to lives of scarcity and hard- and Economic Science.” Soon a dispro- ship, Conrad marshalled economic data portionate number of faculty had the to demonstrate that the long-term trend University of Halle on their résumés. was in the other direction. Phenomena After returning to Illinois Patten wrote like birth control, crop diversification, a volume titled The Premises of Political technological advances, and the growth Economy, which won him a faculty of world markets promised to propel appointment in 1888, as a professor of mankind into an age of abundance. But political economy. only—as Patten would go on to argue—if It did not take long for Patten to prove developing countries, and especially the his value to Wharton as “the only leading United States, unshackled themselves academic economist to defend the doctrine JOSEPH WHARTON from British economic orthodoxy. of protection,” as Sass recounted. Patten’s Back across the Atlantic, another man next major work, The Economic Basis of was thinking along the same lines. Joseph trators with explicitly civic-minded val- Protection (1890), “gave the policy perhaps Wharton was a savvy Quaker who had ues. Whether they chose to “serve the its most sophisticated and interesting parlayed his early training in chemistry community … in offices of trust” or man- theoretical defense” to date and “immedi- into an industrial empire stretching from age private enterprises according to ately established Patten as the nation’s fertilizer and zinc oxide works to Bethle- “sound financial morality,” they would leading academic champion of the tariff.” hem Steel.
Recommended publications
  • Longacre's Ledger Vol
    Longacre's Ledger Vol. 6, No.1 Winter 1996 l I I I Official Publication Flying Eagle and Indian Cent Collectors Society The "Fly-In Club" Single Copy:$4.50 WINTER 1996 LONGACRE'S LEDGER Oftlcial Publication of the FLYING EAGLE AND INDIAN CENT COLLECTORS SOCIETY FLYING EAGLE AND INDIAN CENT LONGACRE'S LEDGER COLLECTORS SOCIETY Table of Contents WINTER 1996 The purpose of the Flying Eagle and Indian Cent Collectors Society is Lo promote the study and collection of Longacre's design of small cents. President's Letter 4 Announcements................................................................................ 5 OFFICERS Letter's to the Editor. 6 State Representatives 9 President ••••••••••••••••••••••••••••••• Lany R. Steve Back Issues Order Form 36 Vice President ••••••••• c •• • • • • • • • • • •••••••• Chris Pilliod Secretary •••••••••••••• ~ • • • • • • • • • • • • •• Xan Chamberlain Treasurer • • • • • • • • • • • • • • c •• • • • • • • ••••••••• Charles Jones A COUNTERFEIT 1909S INDIAN CENT SURFACES State Representatives by Chris Pilliod 10 Page 9 WHO REALLY SUPPLIES THE NICKEL USED IN THE PRODUCTION OF THE FLYING EAGLE CENTS. ON THE COVER... by Kevin Flynn 13 A POPULATION REPORT RARITY REVIEW: PART II 1857 Flying Eagle Cent SOc Clashed Obverse by W.O. Walker 18 One of three ·different 1857 Flying Eagle cents that show a clash mark Fom a die of another denomination. The outline of a Liberty Seated Half BLOOPERS, BLUNDERS, MPD'S OR NONE OF THE ABOVE DoHar is clearly visible above the eagle's head and wing on the left, and by Marvin Erickson 24 through AMERICA on the right. Note that because of the clashing, it is a mirror image of that which is seen on a nonnal half dollar. HOW MANY ARE THERE ANYWAY? by Jerry Wysong 27 (courtesy Larry Steve, photo by Tom Mull'oney) THE F.IND.ERS ™ REPORT Articles.
    [Show full text]
  • THE HISTORY of the BATSTO Post Office by Arne Englund
    Arne Englund ~ HISTORY OF BATSTO PO THE HISTORY of the BATSTO Post Office By Arne Englund The cover shown in Figure 1 is the first reported example of the stampless-era Batsto, NJ CDS. At NOJEX in 2013 I asked one of the cover dealers if he had any New Jersey covers, and he replied that he only had a few, which he’d just acquired. This cover was on the top of the small stack, where it stayed for all of about two seconds(!). Fig. 1. Recently discovered Batsto CDS used in the stampless era, estimated usage between 1853 and 1855, on an envelope addressed to Mr. Sam’l W. Gaskill in Mays Landing. The red BATSTO JAN 10 N.J. CDS measures 30mm. The matching red PAID 3 handstamp measures 22mm. Closeups of each are shown in Figures 2 and 3. Fig. 2: Red CDS not listed in Coles or the Fig. 3: Red Paid marking Coles Update. The cover is not dated, but as the Batsto Post Office was opened June 28, 1852, and as mandatory prepayment of postage by U.S. postage stamps was enacted in March of 1855, the envelope would then date between 1853 and 1855. Vol. 43/No. 4 189 NJPH Whole No. 200 Nov 2015 HISTORY OF BATSTO PO ~ Arne Englund A manuscript BATSTO cancel on cover with a 3¢ 1851 stamp and docketed 1852 is shown in Figure 4, it being sent only 3 months after the establishment of the P.O. and, of course, predating the stampless cover as well.
    [Show full text]
  • PEAES Guide: the Historical Society of Pennsylvania
    PEAES Guide: The Historical Society of Pennsylvania http://www.librarycompany.org/Economics/PEAESguide/hsp.htm Keyword Search Entire Guide View Resources by Institution Search Guide Institutions Surveyed - Select One The Historical Society of Pennsylvania 1300 Locust Street Philadelphia, PA 19107 215-732-6200 http://www.hsp.org Overview: The entries in this survey highlight some of the most important collections, as well as some of the smaller gems, that researchers will find valuable in their work on the early American economy. Together, they are a representative sampling of the range of manuscript collections at HSP, but scholars are urged to pursue fruitful lines of inquiry to locate and use the scores of additional materials in each area that is surveyed here. There are numerous helpful unprinted guides at HSP that index or describe large collections. Some of these are listed below, especially when they point in numerous directions for research. In addition, the HSP has a printed Guide to the Manuscript Collections of the Historical Society of Pennsylvania (HSP: Philadelphia, 1991), which includes an index of proper names; it is not especially helpful for searching specific topics, item names, of subject areas. In addition, entries in the Guide are frequently too brief to explain the richness of many collections. Finally, although the on-line guide to the manuscript collections is generally a reproduction of the Guide, it is at present being updated, corrected, and expanded. This survey does not contain a separate section on land acquisition, surveying, usage, conveyance, or disputes, but there is much information about these subjects in the individual collections reviewed below.
    [Show full text]
  • THE WHARTON SCHOOL Contents
    THE WHARTON SCHOOL CONTENTS DEAN’S MESSAGE 4 THOUGHTFUL LEADERS 6 ACADEMIC PROGRAMS POWERFUL IDEAS 16 FACULTY AND RESEARCH GLOBAL INFLUENCE 22 NETWORK AND CONNECTIONS ADVANCING BUSINESS. ADVANCING SOCIETY. As the birthplace of business education in 1881, Wharton is the most comprehensive source of business knowledge in the world. An international community of faculty, student and alumni leaders, we remain on the forefront of global business. 1 In 1881, American industrialist Joseph Wharton had Facts at A Glance a radical idea – to arm future generations with the knowledge and skills to unleash the transformative • Leading programs at every level of business power of business. education – from undergraduate, MBA, EMBA, This is the story of the Wharton School – the world’s and doctoral students, to senior executives first collegiate school of business – and our promise • 200+ courses and 25 research centers and to deliver continued, unparalleled knowledge and initiatives – more breadth and depth than at any leadership. No other single institution has other business school had as transformational an effect on the • 220+ faculty across 11 departments – one of the way business is conducted in the global market. largest, most published business school faculties Our foundational values continue to inspire our highest • 1,000+ organizations directly engaged with goal as an institution: to create the knowledge and Wharton – high-level businesses, non-profits, educate the leaders who will fuel the growth of and government agencies industries and
    [Show full text]
  • Samuel Wetherill, Joseph Wharton, and the Founding of the ^American Zinc Industry
    Samuel Wetherill, Joseph Wharton, and the Founding of the ^American Zinc Industry HE TWO people most closely associated with the founding of the zinc industry in the United States were the Philadel- Tphians Samuel Wetherill (i821-1890) and Joseph Wharton (1826-1909). From 1853 to about i860 they variously cooperated and competed with each other in setting up commercially successful plants for making zinc oxide and metallic zinc for the Pennsylvania and Lehigh Zinc Company at South Bethlehem, Pennsylvania. Both did their work in the face of an established and successful zinc industry in Europe. Accordingly, they looked to Europe for standards governing efficiency of production, quality of product, and the arts of management and marketing. They had to surpass at least some of these standards in order to establish the domestic industry on a firm basis. Zinc is a blue to grey metal found in deposits throughout the world. It is used for thousands of products, for example, in the fields of medicine, cosmetics, die casting alloys, galvanizing of iron, paint, rubber, ceramics, plastics, chemicals, and heavy metals. It ranks "only behind aluminum and copper in order of consumption among the nonferrous metals."1 In short, it has from an early stage in the Industrial Revolution been essential to the maintenance and progress of a technological society. The industry has two main branches. One is the manufacture of zinc oxide. The other is the making of metallic zinc or spelter, as it is called in the trade. These industries are relatively new in the western world. Portuguese and Dutch traders brought spelter to Europe from the Orient about the seventeenth century.
    [Show full text]
  • Malleability and Metallography of Nickel
    T281 MALLEABILITY AND METALLOGRAPHY OF NICKEL By P. D. Merica and R. G. Waltenberg ABSTRACT In the manufacture of " malleable " products of nickel and certain nickel alloys, such as forgings, rolled shapes, and castings, rather unusual metallur- gical treatments of the molten metal are resorted to in order that the cast product may be sufficiently malleable and ductile for the subsequent forging operations. The principal feature of these treatments is the addition to the molten metal before casting of manganese and magnesium. Ordinary furnace nickel without these additions will give a casting, in general, which is not malleable either hot or cold. It is demonstrated that such " untreated " nickel, or nickel alloys, are brit- tle because of the presence of small amounts of sulphur—as little as 0.005 per cent. This sulphur is combined with the nickel as Ni3 S2 , which collects in the form of thin and brittle films around the grains of nickel. This sulphide also melts (as an eutectic with nickel) at a very low temperature, about G30° C. Hence, at all temperatures the cohesion between the nickel grains is either completely destroyed or at least impaired by the presence of these films of sulphide, and the metal is brittle. Both manganese and magnesium react with molten NuS- to form sulphides of manganese or of magnesium. The latter, in particular, has a very high melt- ing point and. in addition, assumes a form of distribution in the metal mass which affects the malleability but slightly, viz, that of small equiaxed particles uniformly distributed throughout the metal grains.
    [Show full text]
  • Economics for the Masses: the Visual Display of Economic Knowledge in the United States (1921-1945) Yann Giraud, Loïc Charles
    Economics for the Masses: The Visual Display of Economic Knowledge in the United States (1921-1945) Yann Giraud, Loïc Charles To cite this version: Yann Giraud, Loïc Charles. Economics for the Masses: The Visual Display of Economic Knowledge in the United States (1921-1945). 2013. hal-00870490 HAL Id: hal-00870490 https://hal.archives-ouvertes.fr/hal-00870490 Preprint submitted on 7 Oct 2013 HAL is a multi-disciplinary open access L’archive ouverte pluridisciplinaire HAL, est archive for the deposit and dissemination of sci- destinée au dépôt et à la diffusion de documents entific research documents, whether they are pub- scientifiques de niveau recherche, publiés ou non, lished or not. The documents may come from émanant des établissements d’enseignement et de teaching and research institutions in France or recherche français ou étrangers, des laboratoires abroad, or from public or private research centers. publics ou privés. Thema Working Paper n°2010-03 Université de Cergy Pontoise, France Economics for the Masses : The Visual Display of Economic Knowledge in the United States (1921-1945) Giraud Yann Charles Loic June, 2010 Economics for the Masses: The Visual Display of Economic Knowledge in the United States (1921-1945) Loïc Charles (EconomiX, Université de Reims and INED) & Yann Giraud (Université de Cergy-Pontoise, THEMA)1 June 2010 Abstract: The rise of visual representation in economics textbooks after WWII is one of the main features of contemporary economics. In this paper, we argue that this development has been preceded by a no less significant rise of visual representation in the larger literature devoted to social and scientific issues, including economic textbooks for non-economists as well as newspapers and magazines.
    [Show full text]
  • Horsehead/Marbella Other Name/Site Number
    _______________________________________________ NPS Form lO. 8 No. 1024-0018 United States Department of the Interior National Park Service National Register of Historic Places Registration Form 1. Name of Property historic name: Horsehead/Marbella other name/site number: 2. L.ocatlon street& number: 240 Highland Drive not for publication: N/A city/town: Jamestown vicinity: N/A state: RI county: Newport code: 005 zip code: 02835 3. ClassifIcation Ownership of Property: private Category of Property: Number of Resources within. Property: Contributing Noncontributing 2 buildings 1 sites 3 structures objects 6 Total Number of contributing resources previously listed in the National Register: 0 Name of related multiple property listing: N/A ______________ ______________ ________________ ___________________________________ USbI/NPSNRHP Registration Form Page 2 Property name Horsehead/Marbella. Newbort County. Jamestown. RI 4. State/Federal Agency Certification As the designated authority under the National Historic Preservation Act of 1986, as amended, I hereby certify that this nomination - request for determination of eligibility meets the documentation standards for registering properties in the National Register of Historic Places and meets the procedural and professional requirements set forth in 36 CFR Part 60. In my opinion, the property _L. meets - does not meet the National Register Criteria. See conth,uation sheet. _2kg;N Signature of certifying official Date State or Federal agency and bureau In my opinion, the property - meets does not meet the National Register criteria. See continuation sheet. Signature of commenting or other official Date State or Federal agency and bureau 5. National Park Service Certification I hereby certify that this property is: entered in the National Register See continuation sheet.
    [Show full text]
  • From the Progressives to the Institutionalists: What the First World War Did and Did Not Do to American Economics
    From The Progressives to The Institutionalists: What the First World War Did and Did Not Do to American Economics Thomas C. Leonard Review essay on Rutherford, Malcolm (2011) The Institutionalist Movement in American Economics, 1918-1947: Science and Social Control, Cambridge University Press, Cambridge, UK, 410 pp. ISBN: 9781107006997. $95. 1. Introduction Let me begin by recognizing Malcolm Rutherford’s achievement here. In 1998, Geoffrey Hodgson, writing in the Journal of Economic Literature, could say that we lacked an adequate history of Institutionalist Economics. No longer. Thanks to Rutherford’s long labors in the archives, begun before the 21st century was, we now have a splendid history of Institutionalist Economics, and more generally, of the Institutionalist movement, and of American economics between the wars. This is a meticulous, carefully crafted, brick by brick reconstruction of an important but misunderstood era in economic and social thought. At its very best moments, you feel like you are peering into a lost world. Rutherford has produced the new standard against which future contributions will be measured, and also to which historians of American economics will be obliged to respond. Our charge in this symposium is to respond. 2. What the book does The structure of the book is straightforward: we are introduced to the founding group and its students, and we are given compelling portraits of some neglected but important figures, Walton Hamilton and Morris Copeland, who stand in for the first and second generations, respectively. Next we proceed to the core of the book, the professional milieu of the Institutionalist economists, the “personal, institutional, and programmatic bases” of the movement in the Institutionalist academic strongholds – Chicago, Wisconsin, Columbia, Amherst, Brookings, and the National Bureau.
    [Show full text]
  • The Wharton-Fitler House
    The Wharton-Fitler House A history of 407 Bank Avenue, Riverton, New Jersey Prepared by Roger T. Prichard for the Historical Society of Riverton, rev. November 30, 2019 © Historical Society of Riverton 407 Bank Avenue in 2019 photo by Roger Prichard This house is one of the ten riverbank villas which the founders of Riverton commissioned from architect Samuel Sloan, built during the spring and summer of 1851, the first year of Riverton’s existence. It looks quite different today than when built, due to an expansion in the 1880s. Two early owners, Rodman Wharton and Edwin Fitler, Jr., were from families of great influence in many parts of American life. Each had a relative who was a mayor of the City of Philadelphia. Page 1 of 76 The first owner of this villa was Philadelphian Rodman Wharton, the youngest of those town founders at age 31 and, tragically, the first to die. Rodman Wharton was the scion of several notable Philadelphia Quaker families with histories in America dating to the 1600s. Tragically, Rodman Wharton’s life here was brief. He died in this house at the age of 34 on July 20, 1854, a victim of the cholera epidemic which swept Philadelphia that summer. After his death, the house changed hands several times until it was purchased in 1882 by Edwin, Jr. and Nannie Fitler. Edwin was the son of Philadelphia’s popular mayor of the same name who managed the family’s successful rope and cordage works in Bridesburg. The Fitlers immediately enlarged and modernized the house, transforming its simpler 1851 Quaker appearance to a fashionable style today known as Queen Anne.
    [Show full text]
  • 19Th CENTURY ZINC MINING in the FRIEDENSVILLE, PA DISTRICT and the BIRTH of the U. S. ZINC INDUSTRY
    19th CENTURY ZINC MINING IN THE FRIEDENSVILLE, PA DISTRICT AND THE BIRTH OF THE U. S. ZINC INDUSTRY L. Michael Kaas Society for Industrial Archaeology, June 2, 2018 ZINC MINES AND SMELTERS, 1850-1890 (Modified from Bleiwas and DiFrancesco, 2010) 1847 EXPLORATION MAP FRIEDENSVILLE, PA (Wittman, 1847; Smith, 1977) SAMUEL WETHERILL FAMILY LEAD WORKS, PHILA. CHEMIST, N J ZINC CO. SUPT. NEWARK ZINC WORKS PATENTS ZINC OXIDE FURNACE Samuel Wetherill as a Young Man (South Bethlehem Historical Society) 1853 WETHERILL AND GILBERT ZINC WORKS, SOUTH BETHLEHEM, PA PENNSYLVANIA AND LEHIGH ZINC COMPANY (PLZC) OPERATES THE FRIEDENSVILLE MINES, CONTRACTS WITH WETHERILL FOR OXIDE WETHERILL PROCESS: WETHERILL’S OXIDE FURNACE PATENT SAMUEL T. JONES’ BAG HOUSE PATENT FIRST* U.S. LARGE SCALE ZINC OXIDE PRODUCTION * New Jersey Zinc and Passaic Zinc were producing smaller amounts of oxide from Franklin-Sterling Hill Ores using other processes (Henry, 1860) 1854 PHILADELPHIA QUAKER INVESTORS TAKE OVER PLZC JOSEPH WHARTON SENT PROBLEMS WITH WETHERILL TO OVERSEE OPERATIONS DECLINING QUALITY OF OXIDE SALE OF OXIDE FOR OWN ACCOUNT USE OF COMPANY RESOURCES FOR EXPERIMENTS IN MAKING SPELTER (METALLIC ZINC) WHARTON’S ACTIONS IMPROVES MANAGEMENT INCREASES PROFITABILITY HIRES “COMPETENT MINER” TO RUN THE MINES (RICHARD W. PASCOE) Joseph Wharton, ca1850 (Wikipedia, 2013) WETHERILL SELLS OUT WHARTON CONSTRUCTS AND OPERATES FIRST COMMERCIAL METALLIC ZINC SMELTER IN THE U. S. (1860-1863) 1861-1865 CIVIL WAR, ZINC DEMAND AND PRICE INCREASES WHARTON BECOMES A WEALTHY MAN, LEAVES ZINC IN 1863 (1885 Sanborn Insurance Map) THE FRIEDENSVILLE MINES, 1853-1893 Pennsylvania and Lehigh Zinc Co. / Lehigh Zinc Co.* (1853-1876/1881) Uberroth Mine Old Hartman Mine Three Cornered Lot Mine New Hartman Mine Passaic Zinc Co.
    [Show full text]
  • The 2016 James Street Scholar
    JOURNAL OF ECONOMIC ISSUES Vol. L No. 2 June 2016 DOI 10.1080/00213624.2016.1176476 The 2016 James Street Scholar Inside Institutions of Progressive-Era Social Sciences: The Interdisciplinarity of Economics and Sociology Marco Cavalieri Abstract: In the Progressive Era, sociology and institutional economics shared some important methodological principles and theoretical constructs. This study explores some of these similarities, focusing on the ideas and theories of Albion Small and Franklin Giddings, who were the most important sociologists in the United States at the turn of the twentieth century. Since the literature on the history of the interdisciplinarity of economics and sociology is somewhat scarce, this study aims to contribute to this historiography by considering the methodological and theoretical underpinnings of early institutional economics — mainly from the standpoint of Veblenian institutional economics. Keywords: Albion Small, American sociology, Franklin Giddings, institutional economics, Thorstein Veblen JEL Classification Codes: A12, B15, B31 During the last decades of the nineteenth century, not only the first original American economic thought emerged through institutional economics, but also different social sciences developed as professions in the United States. Academic journals, associations, and university departments dealing with history, economics, political science, and sociology appeared in the years between 1884 (when the American Historical Association was founded) and 1905 (when the American Sociological
    [Show full text]