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Financing a Second Era of Internal Improvements
Transportation and Tax Reform, 1890-1929
Published online by Cambridge University Press: 04 January 2016
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The year was 1915, and Edwin R. A. Seligman had a problem.He was not preoccupied with the battle for woman suffrage, which women would win in his state of New York just two years later. Nor was he immediately concerned with the war in Europe, which would soon involve the United States. Nor yet was he worried about hordes of immigrants, the labor question, or the regulation of big business. Those larger issues in the political history of the Progressive Era concerned him, but his immediate problem was both far more mundane and far more fundamental: How could the State of New York keep paying its bills?
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