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Book Review
Advocate for American Enterprise: William Buck Dana and the Commercial and Financial Chronicle, 18651910. By Douglas Steeples. (Westport: Greenwood, 2002. xxviii, 237 pp. $69.95, ISBN 0-313-32102-7.)
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In late-nineteenth-century America, the Commercial and Financial Chronicle was the newspaper of record for American business. It was the nation's first business weekly and was widely read by leading business, financial, and political figures. Important to contemporaries, the Commercial and Financial Chronicle remains an essential source for both political and business historians looking back to that period. |
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Given the paper's significance, a book on William Buck Dana, the Chronicle's founder and publisher-editor, is long overdue. Douglas Steeples fills this gap, but, as he notes in the preface, his work is "not a conventional biography," but instead "a study of a man, his ideas, and their importance" (p. xxii). This explains the book's peculiar format: the opening chapters make up a short biographical sketch, while the rest describe Dana's thinking on natural law, labor, property rights, and the role of government. |
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