RESEARCH SEMINAR: DANIEL WORTEL-LONDON
Between the 1870s and the 1930s New York City underwent a fiscal crisis approximately every twenty years. This paper examines the causes of and responses to the periodic fiscal crisis of late 19th and early 20th century New York. It argues that Gotham’s public finance policies on behalf of private real estate speculation - underassessing utility franchises, subsidizing speculative real estate development, and accruing debt for questionable public improvements – were major factors behind these crises. It examines how reformers of the period used these crises as an opportunity to present alternate fiscal policies that promised to both enhance state revenue and transform the local political economy. Ultimately, it argues that early 20th century Progressives succeeded in developing a new system of municipal revenue and expenditure that, while more stable than its predecessor, maintained the power of the private real estate and banking sectors within the city.
Attendees are encouraged to read Wortel-London's paper, "Private Growth, Public Costs: Municipal Finance and Reform in New York City, 1877-1913," which may be obtained by contacting Carol Lockman at clockman@Hagley.org.
Free, reply requested, call (302) 658-2400, ext. 243, or email Carol Lockman at clockman@Hagley.org.
At Bike & Hike & Brews, visitors can stroll, jog, or bike Hagley's three-mile loop along the Brandywine.
Cannon firings in the powder yards demonstrate how black powder was made and used.
See the museum in a different way during a Sunday Stroll- take a leisurely walk on areas of our property normally only accessible by bus.
In this walking tour of the powder yard, guests experience an in-depth, behind-the-scenes look at the black powder process and can try their hand at graining some powder. Reservations requested, call (302) 658-2400, ext. 261.
Stop in anytime during one of our wedding open houses to visit the Soda House, Hagley's primary wedding venue.
GPS Address: 298 Buck Rd, Wilmington DE 19807