300 ECONOMIC ESSAYS IN HONOR OF JOHN BATES CLARK
The next collection of statutes dates from 1817, and now for
the first time we find the term political economy. Among the
subjects taught are “Law of Nature and Nations, Metaphysics,
Politics, and Political Oeconomy.” a
With reference to the quotation from Bishop Meade on which
stress is laid by Dr. Tyler, President Chandler writes: “I have
examined Bishop Meade’s Old Churches, in which he refers many
times to Bishop Madison, but he does not use the words Dr.
Tyler quotes in volume VI, p. 182, of the Quarterly. 1 do not
know where this quotation is from.” Furthermore, with reference
to the statement of Judge Tucker, President Chandler writes:
“I have examined volume VI, p. 186, of the Quarterly where
Judge Tucker is quoted as saying that in Moral Philosophy the
students are examined in Logic, Belles Lettres, Ethics, Natural
Law, and Politics. As you observe, no mention is made of
Political Economy. This omission seems significant.” President
Chandler goes on to state: “I do not know what authority Dr.
Tyler has for the statement in volume IX, page 61 (referring to
the letter of Mr. Brock).” :
Finally, President Chandler adds: “The statement in volume
XXV, p. 240 of the Quarterly, (referring to the courses given
in 1815) is quoted correctly. So far as I can find, this is the first
time the phrase political economy occurs in the College publica-
tions and records. I agree with you that we can say that political
economy was certainly taught at William and Mary in 1815.
The probability of an earlier date seems to be lacking, unless the
book of Robert Stanard shows unmistakable use as a textbook.”
This conservative conclusion of Professor Chandler was justi-
fied by the facts then at our disposal. Since that time, however,
we have run across some material which affords evidence of the
fact that political economy was indeed taught at the College
of William and Mary in the opening years of the nineteenth
century. This evidence is found in contemporaneous letters from
students.
J. S. Watson, who was a student at the College in 1801, writes
in a letter to a relative as follows: “In the Political Course we are
advanced as far as Smith. The Bishop has introduced Locke
on Government, which we have read also. I have also read
Paine’s Rights of Man. . . . These three are authors, I believe the
most celebrated, and perhaps the most excellent that have written