The Internet And Cloud Services - 878 Words

The Internet and Cloud Services The internet lets you browse the web and helps you find information about many things. Also on the internet you can find many online courses for anything you would like to learn or do. Without the internet most people couldn t find as much information as easy. Uses of internet and Cloud Services With the internet you can exchange information between two or more computers. The most up-to-date thing to do this is called the cloud, the cloud is where you can store extra information when your computer runs out of space or need to access information from one computer to another. The cloud is really useful to people who work at a business and needs to finish reports at home. Uses of the Internet The internet is a wonderful thing. It allows you to connect with friends, family, and even strangers all around the world. Also you can learn many new courses and things for free off the internet. Although some courses may have a small fee.Identify Requirements for Internet Connection. Identify Requirements for Internet Connection To connect to the internet you need a computer and a modem. The internet is provided by your Internet Service Provider (ISP). You can either directly connect your computer to the modem with an ethernet cord or with WiFi which is now more popular. Identify Features of Internet Connection There are two types of connections, there is dial-up and dedicated. Dial-up is slow, but cheap and works in rural areas. With dedicated it isShow MoreRelatedCloud Computing : A Compelling Paradigm For Delivering And Managing Services Over The Internet3092 Words   |  13 PagesCloud computing has become a compelling paradigm for delivering and managing services over the internet. Although it might be difficult to define cloud computing, one simple definition of the term is virtualized third-party hosting. 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Vip Ltd. Industry Moulded Luggage Free Essays

JV CAPITAL SERVICES PVT. LTD www. sharetrading. We will write a custom essay sample on Vip Ltd. Industry : Moulded Luggage or any similar topic only for you Order Now in VIP LTD. INDUSTRY : MOULDED LUGGAGE NSE Symbol : VIPIND CMP 115 RISK PROFILE: MEDIUM BUY TARGET 210 Key Data : 52 week H/L : Market Cap (Rs Cr. ) : Face Value : Beta : P/E : Div % : BV : PBV : (Source : Company) 294/32 314 10 0. 92 26 0. 87 48. 9 2. 3 VIP Industries is engaged in the travel product business. The Company operates in two business segments: luggage accessories and furniture. The products manufactured by the Company includes plastic moulded suitcase, plastic moulded briefcase and vanity case. The Company’s portfolio of brands includes V. I. P. , Carlton, Delsey, Footloose, Alfa, Aristocrat and Skybags. The Company’s subsidiaries include Carlton Travel Goods Ltd. and Blow Plast Retail Ltd. INVESTMENT RATIONALE Despite the slowdown in the global trends of economy, the luggage markets performed flat. VIP Industries is the largest player in Indian luggage market. One of the large segment of Indian luggage market is the canteen Store Department (CSD). VIP luggage continues to enjoy a prominent position and is one of the most respected brands in CSD. Apart from the domestic market, the company also exports sizeable quantity of luggage to Europe gulf and has presence in Africa many other countries. With a view to expand and to access the international markets, the company during FY09 has set up a wholly owned subsidiary in UK. The company has also acquired the well known international luggage brand ‘CARLTON’. These developments are expected to augment export sales of the company significantly. The company has been focusing on creating exclusive outlets to increase market share. Share Holding Pattern (%): 35. 73 % 43. 44 % VALUATION: 12. 90 % 0. 97% 6. 96% Promoters DIIs Others FIIs corporates Relative Performance Analysis: SENSEX VIP IND We are cautiously optimistic for the moulded furniture segment of the company. In case of luggage segment the management of VIP is very positive. The product portfolio of the company has been widened by introducing new products which offers good growth prospects. In FY08, earnings of the company have decreased. Revenues reflect a decrease in income from operation. Net loss reflects higher administrative, selling and other expenses with increased extraordinary items expenses. Currently the company is trading at a P/E 14. 14x of CY09 EPS. Albeit the price earning ratio of the company is high, we maintain a ‘BUY’ on the stock as it is in an expansion mode with a promising business model. (Rs cr) Financial Summary Year Net Sales Total Expenses PAT EPS FY2005 FY2006 FY2007 FY2008 (Source : JVCS RESEARCH) 297 329 557 544 272 303 404 504 7. 27 7. 9 22 14 4. 73 4. 94 5. 20 6. 60 SEPTEMBER 02’2009 JV CAPITAL SERVICES VIP LTD. INDUSTRY PROFILE Indian Luggage industry is currently undergoing a consolidation phase. The luggage market comprises of three segments: the premium segment with 15% of total market share, the popular segment and the standard segment. VIP Industries is the most dominant player in the premium segment with a market share of 44% in popular segment The luggage market is dominated by the unorganized sector with 5% market share. Northern western India are the biggest markets in the industry. The organized sector (8%) is growing at lesser pace when compared to the unorganized sector (25%) 50 200 150 100 50 0 I nde x e d Sa l e s Tr e nds BUSINESS UPDATES: In the moulded furniture segment, VIP industries enjoys a small market share, where the company has a huge potential to grow in this business. The company is now able to get the orders from Pune and is able to successfully execute the same in time. During the year, VIP industries has strengthened its distribution hold by significantly increasing its market presence through opening of new shops for Aristocrat Alfa Brands across the countries. This will significantly contribute in the balance sheets of the company. J u n – 08 M a r – 08 D e c – 08 M a r – 09 S e p – 08 J u n – 09 FINANCIAL FORECAST: (Rs cr) Earning Estimates Particulars Mar ‘09 June’09 117 118 8. 5 3. 6 4. 30 -0. 3 1. 0 0. 34 205 172 32 4. 2 29. 9 5. 6 20. 1 7. 10 Sep’09E 112 102 11 4. 0 10 -. 7 4. 9 1. 6 Dec’09E 151 129 24 3. 0 25 4. 8 12. 8 5. 1 25 20 15 10 5 0 I nd e x e d Pr o fi t Tr e nds Net Sales Total Expenditure PBIDT Depreciation PBT 08 08 ar -0 -0 ar -0 n- p- D ec Ju M Se M Ju n- 09 -5 Tax PAT EPS (Source : JVCS RESEARCH) 8 20 10 0 8 9 †¢ 08 08 ar -0 -0 ar -0 n- p- D ec Ju Se Ju n- 09 – 10 8 8 9 In Q1FY10, the company has posted a turnaround result for the quarter. Net profit for the quarter under review clocked at Rs20cr compared to Rs 1cr only. Healthy performance was due to spurted growth in operating profit by 640bps to 10. 4% % 33% fall in interest cost. During H1CY09, the company has launched school bags section priced range between Rs 300 Rs 900 and it aims to sell 70000 bags by the end of FY10. The company is planning to expand its retail network in FY10 as the rentals have touched almost bottom. To grab the change in consumer trend, the company has launched two models with different ranges in hard luggage system. VIP has slashed prices following the decline in prices of raw materials. †¢ Operating Margin Net Margin M M JV CAPITAL SERVICES VIP LTD. OUTLOOK The luggage industry is expected to grow in the current scenario with the factors like: †¢ †¢ Improved travels on month on month basis, passengers carried by various domestic airlines grew by 27% Introduction of new lighter hard luggage with using polycarbonate as basic input. RISK CONCERNS A major area of concern for the company is its dependence on China to produce most of the soft luggage. The recent changes in the economic scenario in the world along with the new labour regulations in China and the slowdown of production in China poses a mix of opportunity in terms of reduction of rates but also the threat of rate increases. For hard luggage, the prices of major raw materials have come down in the last quarter thereby the company may get the cost advantage with more scope of better margins. RECOMMENDATION: Currently the stock is trading at a P/E of 14. 9x with an EPS of 8. 10, we maintain a buy on the stock. EPS for CY09 is expected to Rs 14. 19 as company returns back to profitability. Taking the historical P/E of 15x, we arrive at a price target of Rs 212 for a time horizon of 610 months. The price volume trend analysis depicts that the stock is moving in some strong hands. Increasing volumes by major institutional investors gives a clean picture of their keen int erest in VIP Industries hence we expect the stock to give handsome returns of more than 80% in next 6 months. JV CAPITAL SERVICES VIP LTD. Research Desk Sajiv Dhawan Ashit Suri Sanjeev Kapoor Narendra Singh Rajeev Kumar Satyendra Singh Bijaya Swain General Enquiries Managing Director Head of Research Trading Desk Trading Desk Trading Desk Back Office Accounts Dept Tel: 011- 41654860 sajiv@jvfinancial. com ashit@jvfinancial. com 011-41654860 011-41654861 011-41654862 backoffice@jvfinancial. com 011-41654874 / 75 support@jvfinancial. com RISK PROFILE: Low Risk: Fundamentally Sound companies, with low beta. Expected market out-performance is 0—10% Medium Risk: Expected market out-performance is 10-20%. Preferably for the Investors with a maximum time frame of 6 months. High Risk: High Beta Stocks, expected market out-performance is more than 20%, Preferably for the investors willing to take advantage of market momentum and are aggressive in nature. Disclaimer Appendix This document has been prepared by the Research Desk of M/s JV Capital Services Pvt. Ltd and is meant for use of the recipient Ltd. only and is not for circulation. This document is not to be reported or copied or made available to others. It should not be considered to be taken as an offer to sell or a solicitation to support any security. The information contained herein is obtained and collated from sources believed reliable and we do not represent it as accurate or complete and it should not be relied upon as such. The opinion expressed or estimates made are as per the best judgment as applicable at that point of time and are subject to change without any notice. JVCS Pvt. Ltd. along with its associated companies/ officers/employees may or may not, have positions in, or support and sell securities referred to herein. Investors are advised to maintain strict stop loss. JV CAPITAL SERVICES How to cite Vip Ltd. Industry : Moulded Luggage, Papers

Progressive Historians Essay Example For Students

Progressive Historians Essay One must decide the meaning of progressive historiography. It can mean either the history written by progressive historians, or it can mean history written by historians of the Progressive era of American history and shortly after. The focus that was chosen for this paper is more in keeping with the latter interpretation, if for no other reason than it provides a useful compare-and-contrast control literature. The caveat is this: the focus of this report is on the predominant question of the historiographical period: was the war a revolution or a war for independence? One could choose many other questions to argue, questions that historians have for years disputed about the revolution, but there are a number of reasons why this report was chosen for this particular assignment; the two best follow. First, it is an old and time-honored question that professors and instructors have posed to their students for years; of pre-Civil War historiographical questions, it is perhaps second only in fashion during the last twenty to twenty-five years to the Jefferson-Hemmings paternity controversy. Second, the revolution-or-independence question is one of those which must be answered through interpretation. A case cannot be made that is so utterly conclusive as to exclude all others; it is that very fact that makes history at once so frustrating and so fascinating. What better way could there be to look at the writings of a specific school of historians? Therefore, in the pursuit of personal truth, we must proceed Perhaps the most famous of all progressive historians is Frederick Jackson Turner. His most famous argument is not devoted strictly to the American Revolution, but instead to the effects of the American frontier. In a sentence, his argument is that the frontier was the chief determinant in American history. This is not to say that Turner did not write about the war; he did, in his seminal work, The Frontier in American History, there are discussions of the frontie rs effect on the coming of the revolution. It is worth noting, before exploring Turners arguments, that the frontier in this period was only about one hundred miles from the Atlantic coast. Of course, as the period under scrutiny approaches the war chronologically, the frontier moves away from the ocean. But it is important to remember that Turner defines the Jamestown of Captain John Smith in 1607 as the frontier in its initial stage. So, in this context, it makes sense to the almost-twenty-first-century reader when Turner refers to the frontier as defined by the Proclamation of 1763 as the Old West.Turner gives an idea of his world-view near the end of the book: The transformations through which the United States is passing in our own day are so profound, so far-reaching, that it is hardly an exaggeration to say that we are witnessing the birth of a new nation in America. The revolution in social and economic structure of this country during the past two decades is comparable to w hat occurred when independence was declared and the constitution was formed, or to the changes wrought by the era which began half a century ago, the era of Civil War and Reconstruction (Turner 1920, 311). This point bears further examination in the context of all the historians being compared in this paper, but in a later section. It is more important at this point to continue with the discussion of Turners examination of the war as it relates to his frontier thesis. Briefly, Turner argues five points specific to the war in his overall treatment of the frontier. First, a fighting frontier had been established from Georgia to New England as a result of the colonial wars with the French. Second, a primitively agricultural and democratically self-sufficient society had been established on the frontier that was profoundly and fundamentally different from the society from which the frontiersmens progenitors had sprung; it is of course because those progenitors were different from their fellows that they came across the ocean in the first place. Third, the frontier developed home markets for the growingthough still smallcolonial industrial base, lessening the importance of the triangular trade. Fourth, non-English settlers had caused an unintended and at first informal breach with the mother country that later fueled separatist sentiment; it is no great thing in the thick of rebellion to forget that the war was at first a war for the rights of Englishmen when one is not an Englishman in the first place. Fifth, the frontier by its very nature reflected a contest between the privileged and the non-privileged; Turner maintains that this dichotomy was more in evidence outside New England and was more of a democratic revolution outside that region than inside (Turner 1920, 106-111). Of course, one is tempted to minimize, or even belittle this last observation by pointing out that the New Englanders provided the bulk of the troops for the rebel army In any case, Turners arguments foreshadow those of another historian, J. Franklin Jameson. Both argue a geographical or quasi-geographical determinism. Both argue that the war was a revolution that resulted in greater democracy, though their definitions of democracy are rather broad. Before turning to Jameson, however, another work by Turner should be mentioned, entitled The Significance of Sections in American History, which was published in 1932, at the height of the Great Depression. This book is not exclusively about the American Revolution. Instead, it discusses several important factors in American history from a demographic perspective. Turner echoes his own frontier thesis in this work, citing instances in the West that shaped the character of the Revolution. The behavior of the earliest pioneers was important in understanding the later evolution of the country, he argued, and focused on the North Carolina frontiersmen. He concluded that the Association desired not to be arded as a lawless mob, and their petition for annexation to North Carolina led to a regularization of the political status of the frontier districts (Turner 1932, 97). This pattern would be repeated again and again in the decades after the war, but Turners point is that the frontier districts were just as important to the political and social nature of the struggle as were the established eastern districts and towns which have received so much more press in the literature. Another factor of consequence in Turners view was early sectionalism (indeed, that is the focus of this particular book, much more so than the American war for independence). The West, which in the middle nineteenth century meant such lands as Iowa and Indiana, instead meant in pre-Revolutionary years the western regions of the existing colonies. Turner specifically discussed the western regions of Maryland, Virginia, and the Carolinas. He suggested that the geography of the regionrocky and mountainous, in distinct contrast to the alluv ial plains of the tidewater regionmade for an order much more like New England society than the planter-led society of Virginia and the rest of the South. He contended that the frontier communities were more democratic. An informed reader can today easily infer that Turner was writing not just of the revolution, but of the beginnings of the sectional competition that culminated in the American Civil War (Turner 1932, 293). But it is the geographical determinism that Turner advances that is of the most interest to this paper; one sees the same sort of argument again and again while reading the works of Turner and his fellows in the progressive school.J. Franklin Jameson wrote a landmark work in 1926. More accurately, it was a collection of four lectures that were subsequently collected into a hundred-page book. His basic premise was that the war was a social revolution. He made four main arguments (coincidental with the four lectures), which follow. First, Jameson argued that the sta tus of persons was changed. He maintained that slavery was ended in a significant region by the war, and that abolitionism became fashionable and real as a political force. In order to contest this conclusion, it is a simple thing to counter-argue that since Massachusetts had but five slaves in 1776, it seems that slavery was definitely on its way out before the war even began in earnest. Moreover, it would be obvious to point out that abolitionism was certainly not new to the Northern States before and during the war. In short, the arguments regarding the status of people and how that status changed as a result of the war really do not hold up under scrutiny. Second, Jameson argued that the nature of the land promoted change in the people. He claimed that the geography of New England made for revolutionary thought among small holders and freemen that was not so evident among those in the tidewater south. But the colonists were different sorts to begin with; the Pilgrims and Puritan s of the North were outcasts before they came across the Atlantic. The middle-staters of Pennsylvaniathe Quakersand especially MarylandCatholics, Huguenots, and Presbyterianswere already in search of a place where they could be different and be at least quasi-independent. To lay the responsibility for the revolution on mountains and streams, thereby ignoring the nature of the people before they arrived, is a bit much to swallow. Did the land change the colonists, or were the human changes to the land merely a reflection of the ideas the colonists had with them already, and of the institutional-cultural heritage of these people? At the very least, it is a chicken-and-egg question, but it seems that the latter argument is the accurate one. In this same vein, Jameson cites the end of primogeniture as a social-revolutionary aspect of the war. To illustrate the inaccuracy of this interpretation, one need only mention that primogeniture was abolished in Britain over time without a war at all. It seems that the trend away from primogeniture was already afoot in the British world (of which the colonists were a part, and of which even in 1776 most wished to remain). War or no war, primogeniture would almost certainly have receded, as it did. In addition, Jameson claims that the frontier unleashed a revolution. His view is that the frontier itself was in some way responsible for revolutionary attitudes and thoughts, as if the land itself changed the way that the residents thought. For the sake of brevity, let us say only that Turners frontier thesis is a much more convincing picture of American history than is Jamesons. In short, Turner argues that the frontier throughout American history has attracted and promoted certain types of people and certain types of behavior. Jameson implies that the frontier made revolutionaries, and that when the war was over, they stopped being revolutionary. Turner makes the point from the opposite pole: the frontier, by its very nature, p rovided an environment where people who would otherwise have been misfits and malcontents could flourish and achieve a modicum of what would then certainly have been termed respectability. Jamesons argument virtually anthropomorphizes the frontier, while Turner casts the region in a more proper role: that of a passive agent. Third, Jameson discusses business and industry. He discusses how the war caused the Agricultural Revolution to be visited upon the Americas. In Europe, where land was at a premium, peasants had had to adopt new methods in order to survive their growing population. By contrast, in the colonies, land was cheap and plentiful, so new methods were not required. Nonetheless, it seems safe to argue that the methods adopted in the colonies would have been adopted eventually, war or no war, when the population density made it sensible to do so. Along similar lines, Jameson suggests that the war caused a revolutionary growth and change in war and commercial industries: pa per, salt, powder, cannons, and muskets all had to be manufactured to fight the war. Of course, after 1918, when the industrial nature of warfare had become painfully evident. It is easy to see how he made this conclusion. But it is also easy to see, even with the benefit of the same hindsight that Jameson could have used, that the growth of industry and commerce would almost certainly have occurred anyway, war or no war. Napoleonic France was not converted into an industrial power, despite nearly twenty-five years of virtually non-stop warfare that was of a far greater magnitude than was the American Revolution. It is far more sensible to argue that the industry and commerce of the Americas would have developed as a result of trade with Europe, with or without a war. Lastly, many participants argued at the time that the colonies were economically weakened because of the war for a significant period. How is it that Jameson concluded the exact opposite one hundred fifty years later? Fourth, Jameson argued that thought and feeling changed. At first, this claim seems the most plausible. He suggested that the war was a precursor to the European revolutionary fervor of the 1830s; this perhaps has some validity, but the fervor of the 1830s was a more peasants-against-the-aristocracy sort of thing than it was a taxation-without-representation sort of thing. Another difference was nationalism, a decidedly made-in-France phenomenon. Greeks, for example, rose up against the Ottoman Turks in 1830 in order to establish a Greek state. This was not the nature of the American war, for no foreign power of different ethnicity held sway in the colonies; certainly no Germans rose up in Pennsylvania in order to establish a German-style state out of the old British colony. Indeed, Germans tended toward loyalist sensibilities. Jameson argued that the war had the effect of creating more colleges and of diffusing religious faith. This certainly is a description of cultural contact wi th Europe more than it is a description of a result of a war. These very things took place in Europe before and after the American war; sometimes these phenomena were accompanied by violence and armed struggle, and sometimes not. The Americas were already religiously diverse, and it probably comes as no surprise that the conclusion to this paper is that the growth of colleges was accompanied by, and was a result of, a substantial growth in the population. This rather leaves the war out of the picture; for wars seldom create things, but instead tend to destroy or impede them. It should be pointed out that Jameson makes no political arguments outside of suffrage. (One generally thinks of dramatic political changes as being a result of a revolution.) He discusses political institutions not at all. He is only concerned with who had the vote. However, even before the war, the colonies had wider suffrage than the European countries from which the people and their forebears came; how is th is a revolutionary outcome? Were these people not fighting to preserve that which they already had against the growing influence of the House of Commons, which threatened to take their self-determination away? Slavery was already receding in the colonies; it was evolving awayin Vermont in 1777, Pennsylvania in 1780, Rhode Island and Connecticut in 1784; if the revolution was the cause, why then did abolition, albeit gradual, continue its march in New York in 1799 and New Jersey in 1804? The American variety of slavery was already less bad than in many, if not most, other countries, regardless of what twentieth-century movie and television productions might have you believe. Was the country not already progressive? Another writer of note who is labeled as a progressive historian is Carl Becker. He was a student of Frederick Jackson Turner and submitted as his doctoral dissertationit was called a thesis at that timea work entitled The History of Political Parties in the Province of Ne w York. In it, Becker writes that the political parties in what became the state of New York were embroiled in a tremendous rivalry. The members of the conservative wing wanted only to go so far as to assert their rights as Englishmen, while the radical element desired independence. Becker argues for a compromise interpretation in his conclusion, stating that although the conservatives were successful in securing a government measurably centralized and measurably aristocratic, we know that there was considerable pressure for a more democratic form (Becker 1909, 276). In short, Becker describes the desire for a significantly different form of government than that which England had, and existed in the colony before the insurrection. In the end, of course, the form was essentially the same; that is, a bicameral legislature was placed in the stead of Parliament, the President (who likely could have been King George I of America) was substituted for the King of England, and a judicial br anch was established to play the role of the British courts. It is significant to mention that the second provincial congress of New York opposed independence from Great Britain at least as late as May 14, 1775 (Becker 1909, 252). It is the extent of suffrage that gives a measure of truth to the progressive argument as symbolized by Beckers work. The growth of political groups in New York presaged the formation of formal parties in the colonies as a whole, foreshadowed the further entrenchment of those same parties after the Constitution was ratified, and paralleled the same developmental path in Great Britain. The same congress mentioned above voted to extend the franchise to freeholders and freemen with holdings equivalent to forty pounds (Becker 1909, 252). The Committee of fifty-one was essentially dissolved as the Mechanics and the fifty-one merged in a new system that eliminated wards and substituted in its place a system of election by citizens at large (Becker 1909, 166). Th is presaged a similar reform in England after the war with Napoleon, the Reform Bill of 1832. One is tempted to wonder if that reform in England was delayed by the war; certainly one could argue that the reform in New York was prompted by the war, but one can also be left with a sense that the change was on the verge of taking place anyway, war or no war. Nonetheless, Becker is consistent with other progressive historians when he argues the case of extended suffrage as a result of the conflict with Great Britain. Becker is also in step with his progressive counterparts when he argues his road to revolution thesis from the point of view of merchants. He spends an entire chapter discussing in detail the relative efficacy of the non-importation measures instituted by the colonies (the word boycott had of course not yet been coined in the 1770s, and historians of the early 1900s were apparently disinclined to use it). In short, he argues that the non-intercourse measures (a synonym for non-importation) were essentially ineffective. To be sure, there were fluctuations, but the image of the non-importation measures must be one of reducing the flow of goods, not one of shutting the flow off and turning it on when the colonists grievances had been redressed (Becker 1909, 63, 68-69). A few years later, Becker wrote still more in his story of revolution. He argued in 1915 that merchants were, among other shortcomings, what would today be called sunshine patriots. He suggested that merchants were all for non-importation as long as they could sell their wares at inflated prices, but after the supply was gone, they were back to trading and importing again (Becker 1915, 229). This example perhaps best summarizes Beckers view of the rebels. To be sure, he mentions the roles of radical ministers in New England, and of other agitators. Becker is perhaps best known for the line: The war was not about home rule, but about who would rule at home. This theme springs up repeatedly in the writings of the progressive historians. Sometimes the words are a little different, but the theme remains constant.Oddly enough, one of the most outspoken writers on this topic was Charles Beard. He has entered the annals of American historiography as perhaps the quintessential economic-school historian. His seminal work, An Economic Interpretation of the Constitution of the United States, published in 1913, argued that the forces of the revolution were in effect subverted by the forces of the established ruling class of the pre-war period. He argued that the history of America, and that the Constitution itself, was the result of Marxian-style class struggle. He further asserted that the Constitution was an economic document designed by those with money and property to protect those with money and property. This class-struggle view was applied by Beard to all of American history. He would undoubtedly stress the labor-management strife of the 1930s and the oppression of Indian s and blacks as well if he were writing today of the history of the Great Depression. He would probably explain the western movement as a result of oppressed factory workers leaving the factory in order to find opportunity in the West (this comment is offered as evidence of Beards odd-man-out status within the progressive school). Beard also stands alone among the progressive historians inasmuch as he wrote a consensus-style book in collaboration with his wife. It was entitled The Beards Basic History of the United States, and was published in 1944. In it, he (is they perhaps better?) seconded many of Jamesons notions of the end of primogeniture, disestablishment of the Anglican Church, and so on. (Beard 1944, 119) But it is the chapter on the Constitution that stands out. The view of the Constitution that was offered by Beard was a much mellower view than the one offered by him a bit more than thirty years earlier. He discussed the various features of the document and extolled its virtues. In short, he seemed more tolerant of men of property (Beard 1944, 120-137). Was it because two world wars had changed his world-view? Had he been cauterized by the barbarism of twentieth-century global war? On the other hand, had he merely begun to be more tolerant, as so often happens as people reach the ends of their lives? Probably all of these forces were in effect to one degree or another. Beard himself is quoted by Richard Hofstadter as saying in 1934 that are indeed is the savant who does not appear to be at war with himself in his own breast and in 1940 that Olympian certitude has exploded (Hofstadter, 285). In any event, whether for wartime propaganda reasons, or for the reasons wrought by intellectual evolution, Charles Beard near the end of his life had softened his once-adversarial stance. The only important criticism of Beard is that economic interpretations of history that exclude all others, of the kind that Beard wrote in his earliest years, are at best one- dimensional. At worst they are narrow-minded, adversarial, sometimes even hate-filled, polemics.Taking a similar approach to Beards in his interpretation of history through economic eyes is Arthur Schlesinger, Sr. (But in many places Schlesinger sounds much more like Turner and Jameson than he sounds like Beard.) What is perhaps Schlesingers most important work on the subject of the American Revolution first appeared in 1918, with a new edition in 1939. In the preface to the second edition, Schlesinger submitted that the assertions of the first edition had been generally accepted by historians. And that seems exactly to be the case more than fifty years later. Schlesingers view was sectional: he saw two revolutions, one in the North and one in the South (Schlesinger, 6). He argued that the non-importation policies of the colonies were far from universally successful. Nor were they universally accepted. Schlesingers view is that the non-importation zeal tended to be greater in the sm all towns rather than in the great trading towns. He notes, for example, that the leading merchants had gained a fair amount of relief from Parliament by 1770, and that their fever for non-importation, which they had happily supported in 1768, had rather more than subsided by 1770. The problem remained whether they could cease their non-importation practices without the consent of the general populace, which was largely composed of propertyless people of lesser means who still burned for the elimination of taxes entirely (Schlesinger, 218). The crux of the view is that this business of the consent of the people was not philosophical or even truly political: it was strictly an economic consideration. Schlesinger puts it even more bluntly near the end of the book: the choice, which every merchant had to make, was not, and could not be, a mere mechanical one, premised upon strict considerations of an informed class interest. Like other human beings, his mind was affected or controlled by powerful influences of temperament, environment and tradition. Furthermore, the degree to which his wealth was removable was an important factor in his decision, for his business and the good will of his customers were not commodities to be packed up and carried bodily into British lines. These facts caused many a merchant to follow the line of least resistance when independence was promulgated (Schlesinger, 603; emphasis is mine). It is the italicized sentence that gives the essence of Schlesingers book. The point that he makes is that there was a great deal of Loyalist sympathy among the merchant class, despite the myth of united and universal opposition to British tyranny that had come to exist by 1900. Nevertheless, these traders were no traitors; but it was pragmatism, not sudden philosophical enlightenment, that caused them to modify or mitigate their true attitudes. How many times have we heard it said? Youve got to go along to get along. So must it have been for the colo nial merchants. This realization goes a long way to explain the on-again, off-again support for non-importation and later for independence that Schlesinger describes in such detail in his book. And at the root of it lies the influence of the masses, or at any rate the influence of what is nowadays called public opinion.There is, a single reason for mentioning the works of these two writers in this paper, and a single reason only: to demonstrate that American historiography in the Progressive Era was hardly unified in its interpretation. Just as diversity is a buzzword on todays college and university campuses, so was genuine diversity a feature of American historiography. And, perhaps fittingly enough, this same diversity symbolizes one of the themes that progressive historians stress almost to a fault: that the views of the people during the war itself were far from universal. And so it was with historians as they wrote their books during the Progressive era. John Fiske wrote a two -volume treatment of the American Revolution in 1891. To be sure, this was at the earliest stages of the Progressive movement in the United States, but it falls well within the boundaries. In that context, one can evaluate the contents of Fiskes book, and in one other also: which occurred in various places in Turners writings. Fiske writes much in the second volume of his history of drums and trumpets. However, there are still inklings of his views as to the nature of the war. He writes, for example, of the absurd talk of John Adams, who proposed the annual election of general officers by Congress, and that if some great men should be sent home as a result, then the nation will not be ruined (Fiske, 31). Fiske sees this as a ludicrous notion to say the least, indicating his great-man orientation. (As an aside, Fiske writes of Benedict Arnolds death-bed remorse at ever having put on any other uniform than that of the colonial forces, which story has found its way into American mythol ogy.) In a sentence, Fiske writes of armies and leaders, of imperial nations and colonies, and of congresses and parliaments. He clearly does not write of rivers, mountains, and mass suffrage. Albert Bushnell Hart wrote his story of the Formation of the Union in 1894. The publisher, Longmans, offered other works by professors of history, including one progressive professor who would someday become famous the world over: Woodrow Wilson. At the time, Fiske was an assistant professor of history at Harvard University. Hart asserted that the Constitution was more than a compact, the term he assigned to the Articles of Confederation. He defined a compact as little more than a treaty, calling it an agreement between states that lost its force when one of the parties ceased to observe it. Instead, Hart held that the Constitution was as Daniel Webster had defined it: the peoples Constitution, the peoples government, made for the people, made by the people, and answerable to the people. The p eople of the United States have declared that this Constitution shall be supreme law (Hart, 134). Of geography, Hart writes not of mountains and alluvial plains, but of man-made boundaries and political competition related to enlarging the entities of the competitors. Again, as in Fiske, whom Hart recommends along with George Bancroft and Henry Adams, the view is of and from the top, not of the common citizen. Are these writers of interest other than for the reason already offered? It is important to mention these writers as a corollary of the question that was posed at the outsetand sought at first to duck: exactly what is a progressive historian? Again, spatial limitations require this to be brief: it is clear from examining the work of Fiske and Hart that if a progressive historian is defined as a writer of history during the Progressive Era, then the work one will encounter is diverse in its viewpoints and interpretations; if, however one defines a progressive historian as a mem ber of a school of thought, then the events of the times in which they wrote take on a secondary value, supplanted by rivers, mountains, and the like. But then one must remind oneself of the example of Charles Beard, if for no other reason than to sully and sunder that grand generalizationFirst, lets take a look at a few compare-and-contrast conclusions. Progressive historians have in common the world-view that goes with the economic interpretation of history. They do not, however, always conclude the same things (Jameson and Turner argued greater economic democracy, for example, while Beard argued the Constitution as a document written by the wealthy to protect the wealthy). To a great degree, progressive historians are interested in geography, especially insofar as geographical factors are determinants in history. This interest varies, of course, from writer to writer, but Turner and Jameson are the best examples of those who ascribe to water-and-dirt determinism. Moreover, progre ssive historians, presuming that one defines the term as a historian who belongs to a school of thought, are interested more in the common man than in the great leaders; they are more likely to examine the writings of J. P. Martin than of George Washington. They are in fact the predecessors of todays social historians. This focus is consistent with a great-forces-over-great-men deterministic view, inasmuch as the will of the people becomes a great force akin to rivers and towns. But the last common factor is perhaps the most important: progressive historians are generally in agreement that the war was a true revolution, and their meaning of the word transcends the mere throwing-off of British tyranny that so enthralled writers like George Bancroft and Mercy Otis Warren. This last factor brings the second part of the conclusions, which is more important than the first part. The argument that the war was a revolution is essentially universal among the progressives; that is, it is univ ersal among those who took progressive world-views as they wrote. But the flip side of revolution is consensus. Turner, Becker, Jameson, et al. argue that the war was fought for, or at least caused, greater democracy in the colonies. This may be true; that is, wars tend to cause the end of Old Orders and ancient regimes, but that is hardly a singular thing to say about the American Revolution. All of our wars have caused some sort or other of significant social change and reform. The argument that is to be brought forward is this: in being revolutionary, the colonists demonstrated a sort of consensus thinking. If they wanted greater democracy, that was not really change so much as it was an affirmation of the existing order. Those who gained votes and other social privileges were saying, in effect, The existing order is pretty good; it is so good in fact that I want a greater role in it. I want a bigger piece of it. These were no sans-culottes cutting off the heads of kings and aris tocrats as the Frenchmen did in their frenzied Terror. No; these were Englishmen who desired home rule, who at first sought to preserve local autonomy and loyalty to the King, not to Parliament; and it was only later that they slipped into the position of demanding sovereignty. The second half of the rebuttal to the thesis that states that the war was a revolution because of the change it wrought is this: since all of the wars the United States has fought have yielded dramatic social and political change, then they must all be revolutionary. The World Wars, Korea and Vietnam, the American Civil War: all were revolutions in this context. But then the term begins to lose its meaning to a sort of rhetorical inflation, just as what were once bit players in Hollywood are now listed as stars, and what were once stars are now superstars. (Whats next, novas, and supernovas?) To put it another way, if the wars were all revolutionary, then none of them were. This brings back Turners statement quoted at the beginning of this paper. What he said in 1920 could easily have been said a few years after the end of the Vietnam War. Or it could just as easily be said today, with reference to the upheavals being caused by the Information Revolution. What of the events in Eastern Europe and their consequences in the United States as the realization hits that the Cold War appears to be over? What the colonists sought was control that they had already been accustomed to having. Parliament was not in the colonists chain of command in 1700, and for the House of Commons to attempt to place itself there was seen as a loss to the colonists. It was change that they resisted, not what they sought; they largely felt that they were resisting an invasion of their political birthright, not that they were breaking bold new political ground. It would therefore be very easy to argue that the war was fought as a reactionary response, not as a radical one. And, as the businessmen like to say, The b ottom line is the bottom line. The bottom line, in this case, is this: classwise, those who ruled in 1770 ruled in 1790; the Parliament, a bicameral legislature, was replaced by the Congress, itself a bicameral legislature; the King was replaced by a President, who could very easily have ruled for life, setting a tradition that the head-of-state-for-life would be chosen without the benefit of heredity. There is more, of course: only propertied white males had the vote, both before and after the war; the end of slavery was not exactly accelerated by the war, though there were a few (relatively minor) gains for blacks; the economic system was not changed, nor was the class structure, except to forbid a nobility that in any case did not truly exist in the colonies before the war. Perhaps Richard Hofstadter put it best in his statement regarding progressive historians in 1968: Since the time of the Bolshevik Revolution, it has been hard for most Americans, and especially those who make our world policies, to recapture the memory of the early United States, Constitution and all, as a revolutionary force (Hofstadter, 284). There is certainly much validity to Hofstadters view. Perhaps we cold warriors are ourselves cauterized to the sensitivity of the progressive historians. It is when one examines the period in which the progressive historians wrote that the most sense is made of their work. Historiography is nought if it is not a reflection of the times that spawned it. Just as the Progressives were involved in a movement to improve the lot of the common man in a time of technological change, so did the progressive historians see the fighters of the Revolution as fighters for the lot of the common man. And in just the same way, as the new country was first forging its nationalistic unity, did George Bancroft see the war as a virtuous, nationalistic struggle. And likewise did Charles Beard, the erstwhile firebrand, see the Constitution in a different light in 1944, when democratic governments were only just beginning to win the first round in a deadly fight for their lives, than he did in 1913, the last year in which Civilization was spelled with a capital C. Could Beard have seen the war and its resulting constitution in any other light than the light in which the horrors of World War I were viewed in the 1920s and 1930s, that economic special interests held all the cards and manipulated the rest of us like so many puppets, making us fight and slaughter one another on a whim designed to make them still more money? Historical literature is a reflection of the contemporary events of its writers. When one strips away the influence of the times that colored the views of the writers discussed in this report, one must conclude by looking at the results that the war was one for independence, not a true revolution. Voltaire was right on target when he said that there are truths that are not for all men, nor for all times.BibliographyBeard, Charles A. An Economic Interpretation of the Constitution of the United States. New York: Houghton Mifflin, 1913. Beard, Charles A. and Mary. Basic History of the United States. New York: Doubleday, Doran, and Company, 1944. Becker, Carl. Beginnings of the American People. New York: Houghton Mifflin, 1922. Becker, Carl. The History of Political Parties in the Province of New York, 1760-1776. Madison, Wisconsin: University of Wisconsin, 1909. Billias, George Athan, ed. The American Revolution: How Revolutionary Was It? New York: Holt Rinehart, and Winston, Inc., 1990. Originally published in 1965. Used for background reading only. Fiske, John. The American Revolution, vol. II. New York: Houghton Mifflin, 1891. Hart, Albert Bushnell. Formation of the Union, 1750-1829. New York: Longmans, Green, and Company, 1894. Hofstadter, Richard. The Progressive Historians: Turner, Beard, Parrington. New York: Alfred A. Knopf, 1968. Jameson, J. Franklin. The American Revolution Considered as a Social Moveme nt. Princeton University: Princeton University Press, 1973. Originally published in 1926. Schlesinger, Arthur M. Sr. The Colonial Merchants and the American Revolution. New York: Facsimile Library, Inc., 1939. Originally published in 1918. Turner, Frederick Jackson. The Frontier in American History. New York: Holt, Rinehart, and Winston, 1962. Originally published in 1920. Breast Cancer Essay