Versatile American industrialist, inventor, and politician (1791-1883) who designed the first steam locomotive built in the United States. LS, one page, 5 x 7, January 27, 1866. Letter to noted economist Henry Charles Carey, in full: "Please accept my thanks for your kind letter and pamphlet, and for your long-continued efforts so ably given to advance all the great interests of our common country. I send by today's mail copies of my letter to the Post and two or three short papers, with my best wishes for your health and happiness." In fine condition.
Henry Charles Carey (1793-1879) was the leading 19th-century economist of the American School, and chief economic adviser to President Abraham Lincoln. Carey is best known for the book The Harmony of Interests: Agricultural, Manufacturing, and Commercial (1851), which denigrates the 'British System' of laissez faire free trade capitalism in comparison to the American System of developmental capitalism, which uses tariff protection and government intervention to encourage production and national self-sufficiency.
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