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LSEA History of the London School of Economics and Political Science 1895-1995$
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Ralf Dahrendorf

Print publication date: 1995

Print ISBN-13: 9780198202400

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198202400.001.0001

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The Founding Years

The Founding Years

Chapter:
(p.2) (p.3) 1 The Founding Years
Source:
LSE
Author(s):

Ralf Dahrendorf

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198202400.003.0001

This chapter traces the events leading to the founding of the London School of Economics and Political Science (LSE). On 4 August 1894, Sidney Webb came down for breakfast at Borough Farm near Godalming in Surrey where he met his wife Beatrice, Graham Wallas, and George Bernard Shaw. The three men had known each other for over ten years as fellow radicals and intellectual protagonists of reform, not least as members of the political club-cum-‘think-tank’ founded in 1883 under the name Fabian Society. That morning, Webb told his friends of a letter he received from a solicitor informing him that their mutual friend, Henry Hunt Hutchinson, had taken his own life. In his will Hutchison appointed Webb as one of his executors and stipulated that the major part of what turned out of be 20,000 pounds sterling be applied ‘at once gradually and at all events within ten years to the propaganda and other purposes of the Fabian Society, and its Socialism, and to advancing its projects in any way the executors deem advisable’. Webb proposed that the money be used to create a permanent institution, a London School of Economics and Political Science.

Keywords:   London School of Economics and Political Science, Sidney Webb, Henry Hunt Hutchinson, Fabian Society, socialism, Graham Wallas, George Bernard Shaw

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