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This study narrates the history of the largest steamboat line on the western rivers during the decade following the Civil War and assesses causes and responsibilities for its failure.
Despite Louis Brandeis' well-publicized opposition to the New Haven-Boston & Maine railroad merger of 1907–1909, a large number of public-spirited men, including many progressive reform leaders whom Brandeis had worked with and admired, favored the combination. They saw the merger not as a conspiracy against the public interest, but a necessary response in the public interest to a commercial crisis in Massachusetts. This examination of their reasoning and action tempers Brandeis' widely accepted assessment of the controversy.
A distinguished Dutch scholar and one of the Review's International Correspondents considers approaches to business history in general and with specific reference to the Netherlands.
Concluding his sophisticated analysis of the Pennsylvania Railroad's organizational structure (cf. BUSINESS HISTORY REVIEW, Summer, 1961), the anonymous reporter for the RAILROAD GAZETTE described in a supplementary article, reproduced here following Professor Jenks' interpretative comments, the decentralized management of the Pennsylvania's western divisions.
Despite a widely prevailing judicial insensitivity to corporate reform and regulation, the large insurance companies found themselves under careful, constant, and not always sympathetic legal scrutiny. This scrutiny tended to emphasize the equity rather than the letter of the law, and kept the insurance contract the flexible servant of a dynamic society and industry.
Chicago's traction king was a master of corruption and financial legerdemain, but his contempt for public opinion proved at last to be his undoing. Out of such flamboyant transgressions great reform movements grew, and the character of all big business operators was made suspect.
The effort to establish a cotton factory in South Carolina in 1808 was aborted by inexperience, lack of capital, and unfavorable economic circumstance, but the episode provides a few more bits of evidence to add to the fragmentary history of early textile manufacturing in America.