George Bancroft (October 3, 1800 – January 17, 1891) was an American historian and statesman who was prominent in promoting secondary education both in his home state and at the national level. During his tenure as U.S. Secretary of the Navy, he established the United States Naval Academy at Annapolis in 1845. Among his best-known writings is the magisterial series, History of the United States, from the Discovery of the American Continent.
Read more about George Bancroft: Early Life and Education, Career in Education and Literature, Family, Historian, Career in Politics, Works, Namesakes and Monuments
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“Capital is a result of labor, and is used by labor to assist it in further production. Labor is the active and initial force, and labor is therefore the employer of capital.”
—Henry George (1839–1897)