In response to crisis conditions, and for eight months during 1895, the American government subcontracted its responsibility for the maintenance of monetary stability to a private syndicate of businessmen. This action and its results challenged both political and economic orthodoxy and represent one of the most important episodes in government-business relations during the nineteenth century. While previous studies of the Morgan-Belmont syndicate have emphasized its political and social costs, Professor Simon's concerns are to clarify and weigh the economic benefits of this remarkable arrangement.

The international migration of the diesel engine provides a valuable case study in the interrelationships of entrepreneurship and innovation. As Mr. Lytle demonstrates, however, the introduction of the engine into the United States was far from efficiently managed and the process of technological diffusion was much slower and strained than it might have been.

A mass of rhetoric proclaimed the Industrial Board as a Progressive measure to forestall a post-World War I depression through governmental price manipulation. After a closer look at the personalities and policies involved, Professor Himmelberg argues that the Board was, actually, an effort by organized business groups to force antitrust revision upon the Wilson administration.

For seven years, the economic philosophy and political values of Secretary of Commerce Herbert Hoover challenged the structure, attitudes, and positions of a major, but poorly functioning, industry. This clash of wills and purposes, although colorful in itself, had broader significance in the evolution of government-business relationships in the United States. Professor Hawley argues that it was an important milestone in the conceptual development of “cooperative individualism and competitive co-operation.”

Although much has been written about the British opium trade, American traffic in the drug has received little attention. Professor Downs' article reveals that American merchants played a significant innovating role in developing new sources of supply and expanding the market. These activities forced the monopolistic British East India Company to protect its opium trade to China and led to the Opium War in 1839, when the Chinese government attempted to stop importation of the narcotic.

What were the ingredients for success for British merchants in the eighteenth-century trans-Atlantic trade? In the failure of Ralph Carr of Newcastle to market European goods in America during the 1750's, Professor Roberts personalizes an answer.

Wolf Schneider has written that no other great industrialist of the nineteenth century “esteemed the personal freedom of his workers so little and their material well-being so highly” as did Alfred Krupp. Professor McCreary examines this counterpoint of humanitarianism and self-interest which produced some of Germany's “first steps toward industrial social responsibility.”

In the history of personnel management and salesmanship in the United States, the concepts and techniques developed by Professor Walter Dill Scott of Northwestern University have been pervasive. As an introduction to Scott's ideas and to his activities, Professor Lynch summarizes his contributions in the application of psychology to business problems.

The tangled purposes of national economic policy in the early decades of the twentieth century are highlighted in Professor Braisted's analysis of an episode which pledged officers and secrets of the U.S. Navy to the advancement of American business in the Far East.

As the American South recovered from the Civil War, railroads and the businessmen who managed them were important ingredients in the process of economic change. But who were the railroad leaders of the first generation of the “New South” and what were their personal and corporate goals? What were the effects of their actions on the course of southern restoration? Sharply at odds with the usual “carpetbagger” demonology, Professor Klein suggests an alternative explanation and analysis.

While the growth of American railroads and textile mills from their beginnings through the Civil War has been extensively studied, much less attention has been given to smaller manufacturing firms which grew at the same time from job-shops to major units in the industrial structure. This paper studies one such firm, whose growth was a function of the skills of its proprietors, the benefits of its location, and the demand for manufactured items created by the growth of agricultural and transport sectors of the economy.

This study reveals distinct cycles directly related to the major military conflicts of the twentieth century which had an important impact on the quantity and quality of British aircraft production. The author also suggests that these cycles may have relevance for other countries and other industries.

In an era when American specialists in mining, metallurgy, and industrial chemistry were few, Isaac Tyson, Jr. (1792–1861) was an exceptional practitioner. His blending of science and business was a valuable asset during the pioneer stage of natural resource development in the United States.

Following a review of the early period of British investment in Latin America (1822–1865) and a discussion of previous estimates of British capital exports to South and Central America before World War I, Professor Stone presents new and revised data concerning the composition and distribution of British holdings by amount, industry, and region.

Were congressional demands for the remonetization of silver in the 1870's triggered and supported by large-scale mining interests seeking a guaranteed market for their product? Contemporaries and historians have generally answered “yes.” Professor Weinstein revises this traditional interpretation by analyzing the actual interrelationships between American silver producers and government coinage policies.

From Dana's Two Years before the Mast, a vast literary audience has read of the activities of Boston hide-traders in California during the 1840's. But Dana's understanding of the business of which he was a small part was far less accurate than his knowledge of ships and the sea. This gap is now filled by Dr. Fritzsche's analysis of the mechanics and profitability of the trade.

In the manner of the Creole tradesmen of Louisiana, whose lagniappe to their patrons is legendary, the Editor offers a similar bonus to readers of the Review. Instead of trifling presents added to a purchase, however, our lagniappe will be notes and documents illustrative of the evolution of business enterprise.

In the manner of the Creole tradesmen of Louisiana, whose lagniappe to their patrons is legendary, the Editor offers a similar bonus to readers of the Review. Instead of trifling presents added to a purchase, however, our lagniappe will be notes and documents illustrative of the evolution of business enterprise.

In the manner of the Creole tradesmen of Louisiana, whose lagniappe to their patrons is legendary, the Editor offers a similar bonus to readers of the Review. Instead of trifling presents added to a purchase, however, our lagniappe will be notes and documents illustrative of the evolution of business enterprise.