(This Elibron Classics book is a facsimile reprint of a 19...)
This Elibron Classics book is a facsimile reprint of a 1905 edition by Ginn and Co., Boston - New York - Chicago - London.
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(Excerpt from The Canadian Banking System But to the stu...)
Excerpt from The Canadian Banking System But to the student of the history of banking in the United States there is little that is radically new in the Canadian system. He finds in it many of the practices and expedients that were found excellent in the United States in the first half of the nineteenth century, and is almost persuaded that but for the civil war what is now known as the Canadian banking system would everywhere be called the American system. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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(This book was originally published prior to 1923, and rep...)
This book was originally published prior to 1923, and represents a reproduction of an important historical work, maintaining the same format as the original work. While some publishers have opted to apply OCR (optical character recognition) technology to the process, we believe this leads to sub-optimal results (frequent typographical errors, strange characters and confusing formatting) and does not adequately preserve the historical character of the original artifact. We believe this work is culturally important in its original archival form. While we strive to adequately clean and digitally enhance the original work, there are occasionally instances where imperfections such as blurred or missing pages, poor pictures or errant marks may have been introduced due to either the quality of the original work or the scanning process itself. Despite these occasional imperfections, we have brought it back into print as part of our ongoing global book preservation commitment, providing customers with access to the best possible historical reprints. We appreciate your understanding of these occasional imperfections, and sincerely hope you enjoy seeing the book in a format as close as possible to that intended by the original publisher.
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economist educator journalist writer
Johnson was born on August 24, 1853, in Hardwick, Massachusetts, the son of Gardner Nye and Eliza (French) Johnson, both of English extraction. His father was a country storekeeper. The family moved to Illinois in 1860 and finally settled in Aurora.
After two years in the high school in Aurora, Johnson attended a Methodist academy in the town then called Clark Seminary. He was active in the debating society and all student activities. He graduated in 1872, then taught for a year in the Rockport Female Collegiate Institute. In 1873 he entered Northwestern University but transferred to Harvard the following year and graduated in 1878, having spent one year, 1875-1876, at Halle, Germany, in company with Edmund J. James.
After three years of teaching in the Harvard School in Chicago Johnson traveled in Europe as tutor to Marshall Field, Jr. Turning next to journalism, he was on the Springfield Republican, under Samuel Bowles, from 1881 to 1884. His newspaper work was interrupted by a year as superintendent of schools in Yazoo City, Mississippi, and work with the Investors Agency in Chicago (a forerunner of the modern financial services).
In March 1887 he became financial editor of the Chicago Tribune. Frank A. Vanderlip worked with him in the agency and on the Tribune. In 1890, with money furnished by H. H. Kohlsaat, Johnson went to Spokane, Washington, and founded the Spokesman. Three years later he sold the paper to become associate professor of business practice in the Wharton School of the University of Pennsylvania. Here he developed practical courses in finance and from 1895 to 1901 he was professor of journalism. From 1900 to 1903 he lectured on finance at Columbian University (later George Washington University). Meanwhile, in 1901, he went to the New York University School of Commerce, Accounts, and Finance, as professor of political economy, and from 1903 to 1925 he served as dean. During his deanship the enrolment of the school increased from less than a hundred students to over five thousand. He also worked out plans by which students might work during the day and take courses in the evening. Johnson helped to organize the Alexander Hamilton Institute and was the editor of its publications. In addition to its reports, he wrote for the Institute Business and the Man (1917), designed to give the business man a philosophy of life, and Economics, the Science of Business (1924) a restatement for business men of the classical economic theory. His other writings include: Money and Currency (1906), a textbook which had wide use; Organized Business Knowledge (1923), treating the broader aspects of the scientific determination of business policy; and We and Our Work (1923), an elementary economics designed for adult education classes.
Johnson died on January 22, 1925.
Johnson was known for his unusual ability to interpret academic concepts to business men and he made a great contribution to the development of a more practical training for business. Johnson also took an active part in financial reform. He was influential in developing an opinion favorable to centralization in banking.
(Excerpt from The Canadian Banking System But to the stu...)
(This book was originally published prior to 1923, and rep...)
(This Elibron Classics book is a facsimile reprint of a 19...)
In person Johnson was genial and well-liked. His boyhood on the frontier, his education in the East and abroad, and his life in the Far West helped make him a keen judge of men.
On August 4, 1884, Johnson was married to Caroline Temperance Stolp of Aurora, Illinois.
