The Encyclopedia Americana (1920)/Cleveland, Frederick Albert

CLEVELAND, Frederick Albert, American economist; b. Sterling, Ill., 17 March 1865; d. 15 Oct. 1914. He was graduated at De Pauw University in 1890. He studied for the bar, but gave up practice in 1896 and thereafter gave his entire attention to economics, first at the University of Chicago and then at the University of Pennsylvania. He was instructor in finance at the latter institution in 1900-03, and from 1903 to 1905 was professor of finance at the School of Commerce, New York University. He served as accounting expert on several commissions, including that on the finances of New York city (1905) and President Taft's commission on economy and efficiency (1911) which recommended a national budget. He was appointed director of the bureau of municipal research in 1907. His publications include ‘Growth of Democracy in the United States’ (1898); ‘Funds and their Uses’ (1902), school edition as ‘First Lessons in Finance’ (1903); ‘The Bank and the Treasury’ (1905); ‘Chapters on Municipal Administration and Accounting’ (1909); ‘Organized Democracy’ (1913); ‘Railroad Capitalization and Promotion,’ with F. W. Powell (1908); ‘Railroad Finance,’ with F. W. Powell (1912).