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Date of correction: June 28, 2010Reason for correction: -Correction: CITATIONDetails: Right : 1Iwasaki Yataro/Yanosuke Denki Hensankai[Yataro and Yanosuke Iwasaki Biography Editing Committee],ed.,Iwasaki Yataro nikki[Diary of Yataro Iwasaki](Tokyo,privately printed,1975),pp.326-27.Iwasaki noted in his entry for5August1868that he had begun to write the alphabet. 2Iwasaki Hisaya Denki Kankokai[Hisaya Iwasaki Biography Publication Committee],Iwasaki Hisaya den[Biography of Hisaya Iwasaki](Tokyo,privately printed,1961),p.175. 3Ibid.,pp.182-83. 4See Baba Tatsui[Tatsui Baba]by Nobutoshi Hagiwara(Tokyo:Chuo Koron Sha,1967),p.207;also,Biography of Hisaya Iwasaki,p.211. 5This is the opinion of Martin Mayerson,former president of the University of Pennsylvania,voiced in an interview with the author on16September1997. 6Fukuzawa Yukichi zenshu[Collected works of Yukichi Fukuzawa](Tokyo:Iwanami Shoten,1962),vol.18,p.33. 7Biography of Hisaya Iwasaki,p.204. 8The city's industrial growth naturally stimulated a steady growth in population:847,170in1880,1,046,964in1890,and1,293,647in1900.These figures are given in Philadelphia:A300-Year History,ed.Russell E.Weigley(New York:Barra Foundation,1982),p.488.The description of industrial activities in Philadelphia that follows is mainly based on this tercentennial history. 9A.Steven Sass,The Pragmatic Imagination:A History of the Wharton School(Philadelphia:University of Pennsylvania Press,1982),p.11.My description of the life and thought of Joseph Wharton is based especially on chapter1of this book. 10Sass,The Pragmatic Imagination,p.20. 11Ibid.,p.30. 12Ibid.,p.33. 13Ibid.,p.42. 14Frank C.Pierson et al.,The Education of American Businessmen:A Study of University-College Programs in Business Administration(New York:McGraw-Hill,1959),p.37.Schools of business were set up at Berkeley and Chicago in 1898,at Dartmouth College and New York University in 1900,and at Harvard in1908. 15 Sass,The Pragmatic Imagination,p.45. 16A.D.Chandler,Jr.,Henry Varnum Poor:Business Editor,Analyst,and Reformer(Cambridge:Harvard University Press,1956). 17Sass,The Pragmatic Imagination,p.50. 18Ibid.,p.52. 19Ibid.,pp.55-56. 20Ibid.,p.61. 21Cited in Sass,The Pragmatic Imagination,p.64. 22Ibid.,pp.92-93. 23Ibid.,p.71. 24Ibid., pp.57-58. 25Ibid., p.72. 26Ibid.,p.99. 27A remark by Michael Hudson in his introduction to Robert Ellis Thompson's Elements of Political Economy with Special Reference to the Industrial History of Nations(New York and London:Garland,1974. 28The phrase“conservative progressive”was the title of Richard A.Swanson's Ph.D.dissertation on Edmund J.James,cited in note I on page86of Sass's The Pragmatic Imagination. 29Iwasaki Yataro/Yanosuke Biography Editing Committee,Iwasaki Yataro den[Biography of Yataro Iwasaki](Tokyo,privately printed,1967),vol.1,p.423. 30Tatsui Baba,Diary,in Baba Tatsui zenshu[Collected works of Tatsui Baba](Tokyo:Iwanami Shoten,1988),vol.3,pp.297-306. 31Biography of Hisaya Iwasaki,p.212. 32Collected Works of Yukichi Fukuzawa,vol.18,p.309. 33Currently the ironworks is called National Kim Che Iron&Steel Mill;it is the largest iron and steel factory in North Korea. 34Yasuo Mishima,ed.,Mitsubishi zaibatsu[The Mitsubishi zaibatsu].Nihon Zaibatsu Keieishi[A business history of Japan's zaibatsu](Tokyo:Nihon Keizai Shinbunsha,1981),pp.37-38.