Student notebook of James Varney, 1721-1725

The bound notebook contains academic texts copied by Harvard student James Varney in the early 1720s. The texts are written tête-bêche (where both ends of the volume are used to begin writing). The front paste-down endpaper reads 'James Varney his book 1724,' and the rear paste-down endpaper reads 'Joseph Lovett' [AB 1728].

Student mathematical notebook of William Tudor, 1795

Notebook containing the handwritten mathematical exercises of William Tudor, kept in 1795 while he was an undergraduate at Harvard College. The volume contains rules, definitions, problems, drawings, and tables on geometry, trigonometry, surveying, calculating distances, sailing, and dialing. Some of the exercises are illustrated with hand-drawn diagrams. The Menusration of Heights and Distances section contains color drawings of buildings and trees, and some have been altered with notes in different hands and with humorous additions. For instance, a drawing of a tower was drawn into a figure titled “Egyptian Mummy.” Some of the images are identified: “A rude sketch of the Middlesex canal,” Genl Warren’s monument on Bunker Hill,” “Noddles Island,” “the fields of Elysium,” and the “Roxbury Canal.” The annotations and additional drawings are unattributed.

Student notebook of Marston Cabot, ca. 1720-1735

This leather-bound volume contains excerpts copied by Marston Cabot from books he read while he was a student at Harvard in 1723. The volume includes extracts from Charles Morton's 1687 Compendium Physicae (titled "of Phisicks" by Cabot), Dr. Adriani Heereboord (Adrianus Heereboord), Philosophia Naturalis and Johanne-Henrico Alstedio’s (John Henry Alsted) geometry text Compendium Geometria. The excerpts from Compendium Geometria include both figures and text, primarily in Latin with some Greek. The volume also includes “Theses quaedam extractae potissimum ex Enchiridio Metaphysico Domini Johannis Clerici" a précis of Jean Le Clerc's Ontologia et Pneumatologia made by Jonathan Remington, a Harvard Tutor from 1703 to 1711, to serve in place of printed textbooks. The names Jonathan Jackson and Edward Jackson are written on the inside cover, suggesting the book may have been handed down to Edward Jackson (Class of 1726) and his son Jonathan Jackson (Class of 1761). The text of the volume is in Marston Cabot's hand.

Letters from William Tudor to his mother, Delia Jarvis Tudor,

Four letters written to his mother while she was traveling in Europe with sister Delia. He provides updates on the well being and activities of his siblings and father, including a coal mining venture undertaken by brother Frederic at Gay Head, Martha’s Vineyard. He also reports on the "miserable" state of the family’s finances and suggests marrying sister Delia to an Englishman with a fortune.

Letters from William Tudor to his father, William Tudor, approximately

Two letters in which Tudor carefully debates the merits of careers in law versus mercantilism, and discusses the business prospects of several young merchants, a journey Tudor took with his brother, Frederic, throughout New England, and the state of politics, including the election to Congress of James Otis, and Thomas Jefferson’s prospects for the presidency.

Letter from Parker Cleaveland to William Tudor,

One letter requesting information Tudor may have regarding minerals for Cleaveland’s second edition of his treatise on mineralogy and geology. Also includes a two-page description of Gay Head by Frederic Tudor.

Letter from John Lowell to William Tudor,

One letter regarding a report from Tudor’s brother, Frederic, on piracy, and Lowell’s thoughts on the North American Review and domestic politics.

Letter from Henry Higginson to William Tudor,

One letter from the Boston merchant in England regarding experiments in ship construction and Frederic Tudor’s ideas on designing sailing vessels to transport ice.

Letter from William Tudor to William Vaughan,

One letter containing a brief history of the ice company business and William Tudor’s and Frederic Tudor’s ideas for the enterprise.

Tudor and Fenno family correspondence,

Correspondence to and from Tudor family members, mainly Frederic Tudor’s children. Includes letters to his wife Euphemia Fenno, and correspondence between her relatives.

Counter bond, 1728 June 5

Handwritten counter bond between Francis Foxcroft and Jonathan Remington, securing Foxcroft's loan from Andrew Bordman.

Letters from Benjamin Welles to John Henry Tudor, 1799-1801

Benjamin Welles wrote these six letters to his friend and classmate, John Henry Tudor, between 1799 and 1801. Four of the letters are dated, and the dates of the other two can be deduced from their contents. Welles wrote Tudor four times in September 1799, at the onset of their senior year at Harvard, in an attempt to clear up hurt feelings and false rumors that he believed had caused a chill in their friendship. The cause of the rift is never fully explained, though Welles alludes to "a viper" and "villainous hypocrite" who apparently spread rumors and fueled discord between the two friends. In one letter, Welles asserts that "College is a rascal's Elysium - or the feeling man's hell." In another he writes: "College, Tudor, is a furnace to the phlegmatic, & a Greenland to thee feeling man; it has an atmosphere which breathes contagion to the soul [...] Villains fatten here. College is the embryo of hell." Whatever their discord, the wounds were apparently eventually healed; in a letter written June 26, 1800, Welles writes to ask Tudor about his impending speech at Commencement exercises. In an October 29, 1801 letter, Welles writes to Tudor in Philadelphia (where he appears to have traveled in attempts to recover his failing health) and expresses strong wishes for his friend's recovery and return to Boston. This letter also contains news of their classmate Washington Allston's meeting with painters Henry Fuseli and Benjamin West.

Collateral and Credit Rationing. The role of collateral in explaining and remediating the limited flow of credit to households and SMEs. ECRI Policy Brief No. 7, February 2014

European-wide data concerning both companies and households indicate that the credit rationing phenomenon, which has been predicted by theory, does in fact occur to a significant degree in the European credit market. Among SMEs, micro companies are most vulnerable and the current economic crisis has only made these concerns more pressing. Top-down use of the monetary transmission mechanism alone is insufficient to counter the problem. The other solution consists of a bottom-up, microeconomic stimulation of lending transactions, by focusing on collateral and guarantees. The data confirm the high importance that lenders – especially individual households and micro companies – attach to collateral and guarantees when making their lending decisions. As a consequence, we would argue that those parts of the law governing security interests and guarantees should be one of the primary targets for government policy aimed at improving credit flows, especially in avoiding a conflict between consumer protection measures and laws on surety and guarantees. This policy brief firstly aims to give an overview of the problem of credit rationing and to show that low-income households and SMEs are most concerned by the phenomenon. Focusing solely on loans as a way of financing and on the issues related to access to finance by micro and small companies as well households, it then sketches possible solutions focused on guarantees. This paper brings together data from the Eurosystem Household Finance and Consumption survey (HFCS), Eurostat, and both the latest wave of the extended biennial EC/ECB Survey on the access to finance of SMEs (EC/ECB SAFE 2013) and the latest wave of the smaller semi-annual ECB SAFE Survey, covering the period between October 2012 and March 2013.