History of Early Chestnut Hill

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Publisher :
ISBN 13 :
Total Pages : 198 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis History of Early Chestnut Hill by : John James Macfarlane

Download or read book History of Early Chestnut Hill written by John James Macfarlane and published by . This book was released on 1927 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Suburb in the City

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Publisher : Ohio State University Press
ISBN 13 : 0814205801
Total Pages : 378 pages
Book Rating : 4.8/5 (142 download)

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Book Synopsis Suburb in the City by : David R. Contosta

Download or read book Suburb in the City written by David R. Contosta and published by Ohio State University Press. This book was released on 1992 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In Suburb in the City, David Contosta tells the story of how Chestnut Hill, Pennsylvania, once a small milling and farming town, evolved to become both a suburban enclave for wealthy Philadelphians and a part of the city itself." "In 1854, the railroad connected Philadelphia and Chestnut Hill and the village was annexed by the city. Attuned to the romantic currents of the age, the wealthy men and women who moved to Chestnut Hill believed that the village's semi-rural surroundings might uplift them physically, spiritually, emotionally, and morally. At the same time, they wanted to continue to enjoy the best that the city had to offer while escaping from its more unpleasant aspects: dirt, crime, disease, and other shortcomings. They thus cultivated a dual identity with both suburb and city." "Ironically, this led to a sense of division as prosperous suburbanites held themselves aloof from the resident shopkeepers and domestic servants who provided so many of their creature comforts. Being a suburb in the city also meant that Chestnut Hill could not control its political destiny, as communities outside the municipal limits could. In response, residents developed a number of civic organizations that became a sort of quasi government." "Contosta's study of Chestnut Hill thus illuminates the divided and often ambivalent feelings that Americans hold about their great cities. He includes anecdotes gleaned from dozens of interviews with men and women of many backgrounds - lawyers, nuns, debutantes, grocers, craftsmen, and former servants - who tell of their lives in Chestnut Hill. More than one hundred photographs, many never before published, further enliven this analysis of suburban America."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Chestnut Hill

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Publisher : Arcadia Publishing
ISBN 13 : 9780738510613
Total Pages : 140 pages
Book Rating : 4.5/5 (16 download)

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Book Synopsis Chestnut Hill by : Thomas H. Keels

Download or read book Chestnut Hill written by Thomas H. Keels and published by Arcadia Publishing. This book was released on 2002 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chestnut Hill, in northwest Philadelphia, is one of America's most beautiful urban villages thanks to the fusion of a magnificent physical setting, notable architecture, historic preservation, and careful planning. During the Colonial period, Chestnut Hill was a rough-hewn village of farmers and millers. After the railroad reached the area in 1854, Chestnut Hill's natural splendor and healthful atmosphere made it a popular spot for Philadelphia's wealthy. Soon, it was ringed by magnificent estates designed by Frank Furness, T.P. Chandler, and Horace Trumbauer. Living side-by-side with the wealthy were hardworking communities of Italian, Irish, and German immigrants. Chestnut Hill, a fascinating photographic record of Chestnut Hill's past, reveals some surprising secrets about this vibrant community. The current community center was once the site of a perpetual motion machine hoax that swindled nineteenth-century Philadelphians, and one local hotel provided liquor (and perhaps other illicit services) to Chestnut Hillers during Prohibition. The stunning photographs and riveting stories of Chestnut Hill include those of the anti-Catholic Know-Nothings, who threatened to halt the construction of Our Mother of Consolation Catholic Church in the 1850s, and of Richard Norris Williams II, who survived the sinking of the Titanic and went on to win the national tennis championship twice at the Philadelphia Cricket Club.

Chestnut Hill Revisited

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Publisher : Arcadia Publishing
ISBN 13 : 9780738535272
Total Pages : 132 pages
Book Rating : 4.5/5 (352 download)

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Book Synopsis Chestnut Hill Revisited by : Elizabeth Farmer Jarvis

Download or read book Chestnut Hill Revisited written by Elizabeth Farmer Jarvis and published by Arcadia Publishing. This book was released on 2004 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chestnut Hill was home to some of America's most affluent and socially elite families at the beginning of the twentieth century. They engaged prominent architects to design their houses in the latest styles, leaving Chestnut Hill with a rich architectural legacy. It was also a destination for immigrants. Stonemasons from Italy came to build the splendid estates. Irish families escaping poverty worked as domestic servants, gardeners, and chauffeurs. People of all backgrounds crossed paths on Germantown Avenue, where shopkeepers saw to the needs of the rich and modest alike. This busy artery was Chestnut Hill's link to downtown Philadelphia. Trolleys, railroads, hospitals, and the Wissahickon Creek were all part of the Chestnut Hill story. Chestnut Hill Revisited uses photographs unearthed from family albums and historical archives to show the area as it once was.

Houses of Philadelphia

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Publisher :
ISBN 13 :
Total Pages : 314 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Houses of Philadelphia by : James B. Garrison

Download or read book Houses of Philadelphia written by James B. Garrison and published by . This book was released on 2008 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Examines 40 properties in detail with over 300 archival and contemporary photographs, drawings, and floor plans." -- Dust jacket.

A Philadelphia Family

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Publisher : University of Pennsylvania Press
ISBN 13 : 9780812214062
Total Pages : 262 pages
Book Rating : 4.2/5 (14 download)

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Book Synopsis A Philadelphia Family by : David R. Contosta

Download or read book A Philadelphia Family written by David R. Contosta and published by University of Pennsylvania Press. This book was released on 1992-03 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Three generations of the Houston-Woodward family, one of the wealthiest and most influential in Philadelphia, have been leaders in politics, diplomacy, suburban planning, housing reform, land conservation, and historic preservation. In A Philadelphia Family, David Contosta analyzes the impact the Houstons and Woodwards have had economically, politically, and demographically on Philadelphia, a city known for its reserved and private leading families. The story of the Houston and Woodward families' continuing public service offers a unique perspective on Philadelphia history in the nineteenth and twentieth centuries. Family founder Henry Howard Houston (1820-1895) was one of America's greatest post-Civil War entrepreneurs, a top executive of the Pennsylvania Railroad as well as a leading speculator in oil, mining, and other railroad ventures. Houston created a unique, planned suburb in Chestnut Hill, which his son Samuel and son-in-law George Woodward maintained and expanded in the twentieth century. Woodward, in particular, became an energetic crusader for housing reform. Other family members have distinguished themselves in government service and charitable work. Stanley Woodward served in the Roosevelt and Truman administrations, George Woodward was a state senator for 30 years, and Lawrence M. C. Smith was founder and owner of a prominent classical music station in Philadelphia.

Germantown, Mount Airy, and Chestnut Hill

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Publisher : Arcadia Library Editions
ISBN 13 : 9781531602468
Total Pages : 130 pages
Book Rating : 4.6/5 (24 download)

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Book Synopsis Germantown, Mount Airy, and Chestnut Hill by : Judith Callard

Download or read book Germantown, Mount Airy, and Chestnut Hill written by Judith Callard and published by Arcadia Library Editions. This book was released on 2000-05 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Called the most historic street in America, Germantown Avenue follows the path of an ancient Lenni Lenape trail. This historic route links Germantown, Mount Airy, and Chestnut Hill, the three neighborhoods of the city of Philadelphia that make up the old German Township. From the first protest against slavery in North America, to the battle of Germantown in 1777, to the service of its two military hospitals during the Civil War, Germantown has been the site of some of history's most significant events. Many rarely seen images from the archives of the Germantown Historical Society are in Germantown, Mount Airy, and Chestnut Hill. Covering the period from Colonial times to the twentieth century, these images tell in sharp detail the story of the region founded by German-speaking settlers in 1683. From these beginnings, Germantown evolved into a prosperous industrial center by the mid nineteenth century. It also became home to wealthy businessmen who built elaborate Victorian villas and gardens. Germantown was home to one of the nation's first commuter railroads and to many factories and textile mills. Immigrants from all parts of Europe were attracted to Germantown. These faces, events, and places are what make Germantown, Mount Airy, and Chestnut Hill an indispensable keepsake.

Germantown, Mountairy, and Chestnut Hill

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Publisher :
ISBN 13 : 9780756773823
Total Pages : 128 pages
Book Rating : 4.7/5 (738 download)

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Book Synopsis Germantown, Mountairy, and Chestnut Hill by : Judith Callard

Download or read book Germantown, Mountairy, and Chestnut Hill written by Judith Callard and published by . This book was released on 2004-03-01 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Called the most historic street in America, Germantown Ave. in Philadelphia links Germantown, Mount Airy, and Chestnut Hill, the three neighborhoods of Philadelphia that make up the old German Township. Germantown has been the site of some of history's most significant events. Covering the period from Colonial times to the 20th century, these images tell in sharp detail the story of the region founded by German-speaking settlers in 1683. Germantown evolved into a prosperous industrial center by the mid-19th century, and became home to wealthy businessmen who built elaborate Victorian villas and gardens. The area was home to an early commuter railroad and to many factories and textile mills, which attracted European immigrants. 200+ B&W photos.

This Used to Be Philadelphia

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Publisher : Reedy Press LLC
ISBN 13 : 1681063123
Total Pages : 324 pages
Book Rating : 4.6/5 (81 download)

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Book Synopsis This Used to Be Philadelphia by : Natalie Pompilio

Download or read book This Used to Be Philadelphia written by Natalie Pompilio and published by Reedy Press LLC. This book was released on 2021-04-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philadelphia is thick with American firsts. Some—including the first zoo, first hospital, first public library, first university, first computer—are well known. Others are not and are here to be appreciated: Girl Scout cookies were originally baked by a commercial bakery here and “American Bandstand” was born in a West Philadelphia TV studio. This Used to Be Philadelphia goes deep inside the buildings, monuments, and familiar sights of the city to uncover its rich history, layer by layer. This book will introduce you to the city’s first residents, the Lenni Lenape, the tireless workers who made this “the Workshop of the World,” and the current residents who love all of these stories as told through the spaces they have filled. Learn how buildings from the 1876 World’s Fair, the first to be held in the U.S., are used today. Appreciate the city’s creative adaptive reuse projects, including a former technical school turned office space with a rooftop bar and the railroad headquarters that’s now artists’ studios. Take a colorful tour of the city’s bygone days with local sisters Natalie and Tricia Pompilio. You’ll never look at an old building in Philadelphia the same way again.

Germantown, Mount Airy and Chestnut Hill

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Publisher : Arcadia Publishing
ISBN 13 : 9780738504162
Total Pages : 132 pages
Book Rating : 4.5/5 (41 download)

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Book Synopsis Germantown, Mount Airy and Chestnut Hill by : Judith Callard

Download or read book Germantown, Mount Airy and Chestnut Hill written by Judith Callard and published by Arcadia Publishing. This book was released on 2000 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Called the most historic street in America, Germantown Avenue follows the path of an ancient Lenni Lenape trail. This historic route links Germantown, Mount Airy, and Chestnut Hill, the three neighborhoods of the city of Philadelphia that make up the old German Township. From the first protest against slavery in North America, to the battle of Germantown in 1777, to the service of its two military hospitals during the Civil War, Germantown has been the site of some of history's most significant events. Many rarely seen images from the archives of the Germantown Historical Society are in Germantown, Mount Airy, and Chestnut Hill. Covering the period from Colonial times to the twentieth century, these images tell in sharp detail the story of the region founded by German-speaking settlers in 1683. From these beginnings, Germantown evolved into a prosperous industrial center by the mid nineteenth century. It also became home to wealthy businessmen who built elaborate Victorian villas and gardens. Germantown was home to one of the nation's first commuter railroads and to many factories and textile mills. Immigrants from all parts of Europe were attracted to Germantown. These faces, events, and places are what make Germantown, Mount Airy, and Chestnut Hill an indispensable keepsake.

Historic Architecture in Northwest Philadelphia

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Publisher : Schiffer Pub Limited
ISBN 13 : 9780764341984
Total Pages : 272 pages
Book Rating : 4.3/5 (419 download)

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Book Synopsis Historic Architecture in Northwest Philadelphia by : Joseph Minardi

Download or read book Historic Architecture in Northwest Philadelphia written by Joseph Minardi and published by Schiffer Pub Limited. This book was released on 2012 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historic Architecture in Northwest Philadelphia is a colorful and comprehensive look at the rich architectural history of the Wissahickon Valley, and the people who made it possible with a locally sourced building stone, the Wissahickon schist. The simple stone structures of Germantown's origins as a village of German immigrants laid the groundwork for the more elaborate buildings for Philadelphia's rising mercantile class that followed. From the colonial period to the 1930s, this architectural tour explores 450 structures, many still standing and well preserved, in the area from Wayne Junction in Germantown to Northwest Avenue in Chestnut Hill. A wide variety of architectural styles and influences are captured in nearly 750 modern day and archival images, including the Georgian, Colonial, and Federal styles of the eighteenth and early nineteenth centuries; the Revival of those styles and others; Italianate; Second Empire; and Romantic Eclecticism. This extensive architectural review is ideal for architects, historians, and residents of Northwest Philadelphia.

American Chestnut

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Publisher : Univ of California Press
ISBN 13 : 0520259947
Total Pages : 298 pages
Book Rating : 4.5/5 (22 download)

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Book Synopsis American Chestnut by : Susan Freinkel

Download or read book American Chestnut written by Susan Freinkel and published by Univ of California Press. This book was released on 2009-04 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In prose as strong and quietly beautiful as the American chestnut itself, Susan Freinkel profiles the silent catastrophe of a near-extinction and the impassioned struggle to bring a species back from the brink. Freinkel is a rare hybrid: equally fluid and in command as a science writer and a chronicler of historical events, and graced with the poise and skill to seamlessly graft these talents together. A perfect book."—Mary Roach, author of Stiff and Spook "A spellbinding, heart wrenching, and uplifting account of the American chestnut that asks the vastly important question: Have we learned enough, and do we care enough, to begin healing some of the wounds we've inflicted on the natural world?"—Scott Weidensaul, author of Return to Wild America and Mountains of the Heart "This is a beautifully written account of the passing of one of the botanical wonders of the North American landscape, the American chestnut tree, which was nearly extirpated by a plague that entered the ecosystem and swept these great trees away. Freinkel, a gifted writer whose research is impeccable and whose reporting is topnotch, tells of the impassioned work of scientists over the past century and up to today, trying to bring the American chestnut back from the brink of extinction. Only a person in love with trees could have written this lovely book."—Richard Preston, author of The Hot Zone and The Wild Trees "Graceful, provocative, and inspiring. Thoreau would be proud."—Alan Burdick, author of Out of Eden, a 2005 National Book Award finalist "In this beautifully written volume, Susan Freinkel ably describes the marriage of science and passion that is being brought to bear to save this majestic American tree from extinction. The people whose ancestors lived among chestnut trees and their places come alive for the reader, as does the appearance and spread of the blight and the heroes who are struggling with it today. The book concludes with a tantalizing vision of chestnuts in the forests again—a thought of making the world right where it has gone wrong."—Peter H. Raven, Director of the Missouri Botanical Garden

Arthur H. Vinal / Edmund March Wheelwright and the Chestnut Hill Pumping Station

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Publisher : Metropolitan Waterworks Museum
ISBN 13 : 1519310234
Total Pages : 258 pages
Book Rating : 4.5/5 (193 download)

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Book Synopsis Arthur H. Vinal / Edmund March Wheelwright and the Chestnut Hill Pumping Station by : Dennis J. De Witt

Download or read book Arthur H. Vinal / Edmund March Wheelwright and the Chestnut Hill Pumping Station written by Dennis J. De Witt and published by Metropolitan Waterworks Museum. This book was released on 2016-08-12 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book arose from a need to understand one of late nineteenth century Boston’s most prominent buildings, the Chestnut Hill High Service Pumping Station, now the Metropolitan Waterworks Museum. It considers how such a municipally designed, high-style, Richardsonian Romanesque, yet also industrial, building came into existence. Arthur H. Vinal and Edmund March Wheelwright, its two architects working a decade apart, in 1884-88 and 1898-99 respectively, left a seamlessly unified building. They were never partners nor colleagues. But almost sequentially, in 1884-88 and 1891-95 respectively, each was given charge of the same large municipal architectural office. Each also began his professional career, again almost in sequence, with same important firm, Peabody & Sterns, after which each left Boston for a few years before returning. Wheelwright and Vinal came from different backgrounds and arguably had differing sensibilities. Vinal’s generally preferred style as City Architect was Richardsonian Romanesque — a mode Wheelwright never employed, except when extending Vinal’s Chestnut Hill Pumping Station. Remarkably, the written record suggests these two architects had no other connections, despite having both practiced, throughout their careers, in the guild-like world of Boston’s late-nineteenth to early-twentieth century architectural profession. They only had in common the Chestnut Hill High Service Pumping Station and the distinction of having been, for approximately four highly productive years each, Boston’s City Architect. There has been no previous study of either architect’s work. In Vinal’s case, except for his time as City Architect, his career and life left a scant written record. Almost none of his work was published. It is primarily known to us through municipal records, advertisements for constructor bids, and occasional references in newspaper articles. Other than his term as City Architect, which produced the major portion of the Chestnut Hill Pumping Station and a remarkable number of municipal buildings in a short time, his career was little different from those of many other successful, now largely forgotten, architects who contributed to the fabric of an expanding metropolitan Boston during its so called Golden Age from the Civil War through the First World War. Most of what he produced was conservative, well constructed row housing plus some multi-story buildings containing the then still novel “French flats.” In contrast, Wheelwright’s work was published. He was active and well respected at the highest levels of the profession, locally and nationally. Far more is known of his life and practice. Even in the relatively conservative milieu of metropolitan Boston, his work could not generally be called dramatic, although there were exceptions. Rather than simply representing an aesthetic exercise, his architecture was also informed by his predisposition to political and social reform. Perhaps as a result, while not unknown, he has not received the attention he deserves. The present study for the most part tells its stories visually. It is heavily illustrated. In addition to Vinal and Wheelwright, a third actor is touched upon, that is the City Architect’s Office, with its patronage and professional practice, and its evolution over the two decades — having been initially created as a good government reform in 1874 and finally abolished with, Wheelwright's support, for similar reasons in 1895. Without it, neither architect could have designed and built the prodigious number of buildings credited to them during their tenures. Lastly, this volume includes an attempt to produce catalogs raisonné of Vinal’s and Wheelwright’s known bodies of work — which, in each case, research for this study has significantly expanded.

I Will Die in a Foreign Land

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Publisher : Two Dollar Radio
ISBN 13 : 1953387098
Total Pages : 258 pages
Book Rating : 4.9/5 (533 download)

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Book Synopsis I Will Die in a Foreign Land by : Kalani Pickhart

Download or read book I Will Die in a Foreign Land written by Kalani Pickhart and published by Two Dollar Radio. This book was released on 2021-10-19 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: * 2022 Young Lions Fiction Award, Winner. * A BookBrowse "20 Best Books of 2022" * VCU Cabell First Novelist Award, Longlist. * An ABA "Indie Next List" pick for November 2021. * "A Best Book of 2021" —New York Public Library, Cosmopolitan, Independent Book Review * "October 2021 Must-Reads" —Debutiful, The Chicago Review of Books, The Millions In 1913, a Russian ballet incited a riot in Paris at the new Théâtre de Champs-Elysées. “Only a Russian could do that," says Aleksandr Ivanovich. “Only a Russian could make the whole world go mad.” A century later, in November 2013, thousands of Ukrainian citizens gathered at Independence Square in Kyiv to protest then-President Yanukovych’s failure to sign a referendum with the European Union, opting instead to forge a closer alliance with President Vladimir Putin and Russia. The peaceful protests turned violent when military police shot live ammunition into the crowd, killing over a hundred civilians. I Will Die in a Foreign Land follows four individuals over the course of a volatile Ukrainian winter, as their lives are forever changed by the Euromaidan protests. Katya is an Ukrainian-American doctor stationed at a makeshift medical clinic in St. Michael’s Monastery; Misha is an engineer originally from Pripyat, who has lived in Kyiv since his wife’s death; Slava is a fiery young activist whose past hardships steel her determination in the face of persecution; and Aleksandr Ivanovich, a former KGB agent, who climbs atop a burned-out police bus at Independence Square and plays the piano. As Katya, Misha, Slava, and Aleksandr’s lives become intertwined, they each seek their own solace during an especially tumultuous and violent period. The story is also told by a chorus of voices that incorporates folklore and narrates a turbulent Slavic history. While unfolding an especially moving story of quiet beauty and love in a time of terror, I Will Die in a Foreign Land is an ambitious, intimate, and haunting portrait of human perseverance and empathy. "Kalani Pickhart's timely debut novel, I Will Die In a Foreign Land, is about the 2014 Ukrainian revolution which provided a pretense for Russia to annex Crimea. The story follows the experiences of several characters whose lives intersect as the country's political situation deteriorates. There's a Ukrainian-American doctor, an old KGB spy, a former mine worker, and others, and these episodes are interspersed with folk songs, news reports and historical notes. The effect—kaleidoscopic but never confusing—provides an intimate sense of a country convulsing, mourning, and somehow surviving." —CBS News, "The Book Report: Recommendations from Washington Post critic Ron Charles" (Watch the full video on CBS News, February 6, 2022).

Ancient and Modern Germantown, Mount Airy and Chestnut Hill

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Publisher :
ISBN 13 :
Total Pages : 630 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Ancient and Modern Germantown, Mount Airy and Chestnut Hill by : Samuel Fitch Hotchkin

Download or read book Ancient and Modern Germantown, Mount Airy and Chestnut Hill written by Samuel Fitch Hotchkin and published by . This book was released on 1889 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Making Good Neighbors

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Publisher : Cornell University Press
ISBN 13 : 0801470846
Total Pages : 248 pages
Book Rating : 4.8/5 (14 download)

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Book Synopsis Making Good Neighbors by : Abigail Perkiss

Download or read book Making Good Neighbors written by Abigail Perkiss and published by Cornell University Press. This book was released on 2014-03-20 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1950s and 1960s, as the white residents, real estate agents, and municipal officials of many American cities fought to keep African Americans out of traditionally white neighborhoods, Philadelphia’s West Mount Airy became one of the first neighborhoods in the nation where residents came together around a community-wide mission toward intentional integration. As West Mount Airy experienced transition, homeowners fought economic and legal policies that encouraged white flight and threatened the quality of local schools, seeking to find an alternative to racial separation without knowing what they would create in its place. In Making Good Neighbors, Abigail Perkiss tells the remarkable story of West Mount Airy, drawing on archival research and her oral history interviews with residents to trace their efforts, which began in the years following World War II and continued through the turn of the twenty-first century. The organizing principles of neighborhood groups like the West Mount Airy Neighbors Association (WMAN) were fundamentally liberal and emphasized democracy, equality, and justice; the social, cultural, and economic values of these groups were also decidedly grounded in middle-class ideals and white-collar professionalism. As Perkiss shows, this liberal, middle-class framework would ultimately become contested by more militant black activists and from within WMAN itself, as community leaders worked to adapt and respond to the changing racial landscape of the 1960s and 1970s. The West Mount Airy case stands apart from other experiments in integration because of the intentional, organized, and long-term commitment on the part of WMAN to biracial integration and, in time, multiracial and multiethnic diversity. The efforts of residents in the 1950s and 1960s helped to define the neighborhood as it exists today.

The First Wall Street

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Publisher : University of Chicago Press
ISBN 13 : 0226910296
Total Pages : 219 pages
Book Rating : 4.2/5 (269 download)

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Book Synopsis The First Wall Street by : Robert E. Wright

Download or read book The First Wall Street written by Robert E. Wright and published by University of Chicago Press. This book was released on 2010-04-15 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Americans think of investment and finance, they think of Wall Street—though this was not always the case. During the dawn of the Republic, Philadelphia was the center of American finance. The first stock exchange in the nation was founded there in 1790, and around it the bustling thoroughfare known as Chestnut Street was home to the nation's most powerful financial institutions. The First Wall Street recounts the fascinating history of Chestnut Street and its forgotten role in the birth of American finance. According to Robert E. Wright, Philadelphia, known for its cultivation of liberty and freedom, blossomed into a financial epicenter during the nation's colonial period. The continent's most prodigious minds and talented financiers flocked to Philly in droves, and by the eve of the Revolution, the Quaker City was the most financially sophisticated region in North America. The First Wall Street reveals how the city played a leading role in the financing of the American Revolution and emerged from that titanic struggle with not just the wealth it forged in the crucible of war, but an invaluable amount of human capital as well. This capital helped make Philadelphia home to the Bank of the United States, the U.S. Mint, an active securities exchange, and several banks and insurance companies—all clustered in or around Chestnut Street. But as the decades passed, financial institutions were lured to New York, and by the late 1820s only the powerful Second Bank of the United States upheld Philadelphia's financial stature. But when Andrew Jackson vetoed its charter, he sealed the fate of Chestnut Street forever—and of Wall Street too. Finely nuanced and elegantly written, The First Wall Street will appeal to anyone interested in the history of the United States and the origins of its unrivaled economy.