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In post-Colonial days and well into the nineteenth century the merchant's role in smaller communities was incredibly versatile and complicated. This study calls attention to one such “Yankee trader,” who was the focal point for scores of enterprises but whose nonspecialized adventures became progressively restricted with changing times.
Who were the originators of the Robber Baron concept? Not the injured, the poor, the faddists, the jealous, or a dispossessed elite. Rather, it was a frustrated group of observers led at last by protracted years of harsh depression to believe that the American dream of abundant prosperity for all was a hopeless myth.
How should a company observe the venerable occasion of a Centennial birthday? Many businessmen question the dollars-and-cents wisdom of elaborate ceremonies; others have made corporate birthdays a fetish. The Borden Company formulated the unconventional answer that its Centennial should serve as a springboard for increased sales and profits.
The process whereby enormous tracts of agricultural hinterland passed from original tract owners to individual settlers was facilitated by skilled mediators. These owner-agents incurred great risks, operated boldly on none-too-firm credit, and, sometimes, profited handsomely. Their task was to open new frontiers and sell America to Americans.
Reform spokesmen, believing that fundamental issues of social control were involved, hailed the refusal of the judiciary to intervene in the 1880's against state regulation of corporate power. The progressive triumph was short-lived. Reversing the earlier trend, the courts retreated into economic conservatism, but in so doing generated the fierce pressures that were later to explode into new outbursts of legal and social revolt.
Like the financial mart from which it derives its name, Over the Counter is designed for the types of exchanges not handled elsewhere. This feature has its origin in a demand among readers of business history for a place to compare ideas, voice comments on published articles and reviews, and publish research essays. Contributions are invited. The Editor and Advisory Board reserve the right to decide whether, on the basis of general interest, pertinence, and merit, such contributions will be published. Over the Counter will appear as often as the volume of contributions may dictate.
The forces that originally impelled manufacturers to unite were often of fleeting impact and were soon replaced by the cohesive influence of new issues. The NAM, conceived to wage a tariff war, discovered in organized labor a common enemy for its members and traced its prosperity from the date it became a gladiator in the labor arena.