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American Enterprise in Britain's Industrial Revolution.

Authors :
Armytage, W. H. G.
Source :
American Journal of Economics & Sociology; Jan55, Vol. 14 Issue 2, p193-198, 6p
Publication Year :
1955

Abstract

The article reports that in the early part of the nineteenth century, the U.S. often appeared as the poor man's Utopia. The flight of talent from England to America at this time has been fully described: Frances Wright to Tennessee, Birkbeck and Flower to Illinois, Robert Owen to Indiana, were three of many would-be architects of a new world, who found in America a chance of translating their theories into practice. But what is not so often stressed, is the current which flowed in the reverse direction, carrying enterprising Americans to England. Son of Captain Nathaniel Dyer of the Rhode Island Navy, he was born at Stonington Point on November 15, 1780. His mother died from the hardships caused by Benedict Arnold's burning of New London. He showed early promise of mechanical aptitude, by building and sailing an unsinkable lifeboat while still a boy. In 1796, when he was sixteen, he entered the counting house of P.J.G. Nancrede, the Frenchman who had come over to fight with Rochambeau, and who stayed on to teach at Harvard. Nancrede, seven years earlier, had founded a shortlived newspaper called Le Courier de Boston, together with Samuel Hall.

Details

Language :
English
ISSN :
00029246
Volume :
14
Issue :
2
Database :
Complementary Index
Journal :
American Journal of Economics & Sociology
Publication Type :
Academic Journal
Accession number :
15391611
Full Text :
https://doi.org/10.1111/j.1536-7150.1955.tb00600.x