Background
Stephen Colwell was born on March 23, 1800 in Brooke County, Virginia, United States.
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( About the Book Protestantism has more than 900 million ...)
About the Book Protestantism has more than 900 million adherents worldwide, and originated in the Reformation, which was a movement against what were perceived to be errors in the Roman Catholic Church. Protestants uniformly reject the Roman Catholic doctrine of papal supremacy and sacraments, however disagree among themselves about some matters, such as the actual presence of Christ in the Eucharist. Protestantism emphasizes the priesthood of all of its believers, holds that faith alone provides justification (sola fide) rather than good works, and belives in that the highest authority resides in the Bible alone, rather than with sacred tradition. About us Leopold Classic Library has the goal of making available to readers the classic books that have been out of print for decades. While these books may have occasional imperfections, we consider that only hand checking of every page ensures readable content without poor picture quality, blurred or missing text etc. That's why we: • republish only hand checked books; • that are high quality; • enabling readers to see classic books in original formats; that • are unlikely to have missing or blurred pages. You can search "Leopold Classic Library" in categories of your interest to find other books in our extensive collection. Happy reading!
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Stephen Colwell was born on March 23, 1800 in Brooke County, Virginia, United States.
Stephen graduated from Jefferson College, Pennsylvania, at the age of nineteen. He studied law under Judge Halleck, in Steubenville, Ohio and was admitted to the bar.
Colwell practised for seven years in St. Clairsville, Ohio, and then in Pittsburgh until 1836. In that year he gave up the practise of law and became an iron manufacturer, first at Weymouth, New Jersey, and later at Conshohocken on the outskirts of Philadelphia. For twenty-five years he had particular occasion to weigh the results of the tariff policy as it affected iron manufacturers, and this practical experience vitalized much of the writing on economics to which his legal training gave precision of thought and expression.
In his studies pertaining to the technical side of the science, especially the treatment of the subject of money and exchanges, Colwell’s view-point was that of the school of Henry C. Carey; he set forth always the advantage of protection to industry, and assailed the quantity theory of money. With him, however, economics was also a theory of benevolence.
He was an active Presbyterian, and the close interrelation of his economics and his religion was signalized by his attacks upon current orthodoxy in both fields. His religion was infused with the guiding principle of human helpfulness; his strictures on the merely pious (in such works, for instance, as New Themes for the Protestant Clergy, 1851) drew sharp comment from his critics, though the course of years brought general acceptance of his contentions.
He was a trustee of the University of Pennsylvania and of Princeton Theological Seminary. His interests were many, and increased with his marked success in business, He was a director of the Camden and Atlantic, the Reading, and the Pennsylvania Central railroads. During the Civil War he did his best to support the Union cause; he was active in the work of the Sanitary Commission and the Christian Commission, guaranteeing funds for the relief of the wounded and sick, and himself visiting the battle-fields and hospitals. He presided over the first formal meeting which led to the organization of the Union League. Afterward he gave generously of time and money to the Freedmen’s Aid Society. His life was probably shortened by intensive work on the preparation in 1865 of six reports on the subjects of trade and taxes for the United States Revenue Commission, of which he was a member.
Stephen Colwell became a prominent member of Philadelphia Bar and merchant. He bequeathed to the University of Pennsylvania his library of political economy, composed of upward of 6, 000 items, almost half of them pamphlets separately bound. He also secured the establishment at Princeton of a chair of Christian ethics and was was one of the original founders of the Union League.
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(Excerpt from Politics for American Christians: A Word Upo...)
Colwell was an opponent of slavery and he strove to persuade the South that slavery was an unwise and unprofitable institution.
Colwell was an active member of the Colonization Society.