J. Philip Wernette Papers: 1915-1987
Summary Information
Title: J. Philip Wernette Papers
Creator: Wernette, J. Philip (John Philip), 1903-1988
Inclusive dates: 1915-1987
Extent: 12 linear feet
Location: Portions located in offsite storage; prior notification required for access.
Abstract:
President of the University of New Mexico, later professor of business administration at the University of Michigan. Biographical and personal materials; correspondence, 1929-1987; topical files, 1942-1985; speeches and writings, 1932-1980; career files detailing various university and consulting work, notably his interest in executive training.
Call number: 90163 Aa 2
Language: The material is in English
Repository: Bentley Historical Library
1150 Beal Ave.
Ann Arbor, MI 48109-2113
Phone: 734-764-3482
Fax: 734-936-1333
e-mail: bentley.ref@umich.edu
Home Page: http://www.bentley.umich.edu/
Finding aid created by Beth Lindblom, June 1990

Access and Use
Acquisition Information:

The collection was donated by Mrs. Eleanor DeCourcy Wernette (Donor No. 7782) in March 1990.

Access Restrictions:

The collection is open to research.

To protect fragile audiovisual recordings (such as audio cassettes, film reels, and VHS tapes), the Bentley Historical Library has a policy of converting them to digital formats by a professional vendor whenever a researcher requests access. For more information, please see: http://bentley.umich.edu/research/duplication/.

Copyright:

Donor(s) have transferred any applicable copyright to the Regents of the University of Michigan but the collection may contain third-party materials for which copyright was not transferred. Patrons are responsible for determining the appropriate use or reuse of materials.

Preferred Citation:

[item], folder, box, J. Philip Wernette Papers, Bentley Historical Library, University of Michigan


Biography

John Philip Wernette was born October 29, 1903 in Imlay City, Michigan. He received his A.B. from the University of California at Berkeley in 1924, a master's degree from the University of Southern California in 1926, a second master's degree from Harvard University in 1929, and a Ph.D. from the Department of Economics at Harvard in 1932. He and Eleanor DeCourcy were married in 1940, and had two children, John and Elizabeth.

Professor Wernette served on the Harvard faculty from 1927 to 1945, first in the Economics Department and after 1935 in the Graduate School of Business Administration. In 1945 he was named president of the University of New Mexico, and remained there until 1948, when he was dismissed by the Board of Regents due to a disagreement over the appointment of two faculty members whom Professor Wernette felt to be unqualified. In 1948 he came to the University of Michigan, where he was a professor at the Graduate School of Business Administration for 26 years. He founded the Michigan Business Review in 1949 and served as its editor until his retirement. He received the University of Michigan Distinguished Faculty Achievement Award in 1965. After his retirement in 1974, he was Professor Emeritus of Business Administration and Editor Emeritus of the Michigan Business Review.

Professor Wernette's special interest in the economic relationship between government and business was reflected in his varied activities outside the academic sphere. He acted as an economic adviser to foreign governments, to the U.S. government, and to various businesses. In 1929, he served on a fiscal advisory commission to the Republic of Colombia, acting as an expert on taxation. In 1931, he was a member of the Kemmerer Commission, which provided fiscal advice to the Republic of Peru. During 1942 and 1943, he served on the Procurement Policy Board and was war goods price coordinator for the Office of Price Administration. In 1955, he acted as a State Department lecturer in South America.

Professor Wernette consistently maintained an optimistic outlook on the future of the economy, and from the early 1950s until his retirement, he shared this outlook with the business community through extensive travel and speeches. Until the early 1980s, he was also involved in several executive training programs (in particular, the University of Michigan's Executive Development Program). He also had a long-term relationship with the Ohio Citizens Trust Company of Toledo, Ohio, serving on the Board of Directors and as an economic consultant. Professor Wernette was the author of eight books and many articles. He died on August 12, 1988.


Collection Scope and Content Note

The collection has been arranged into six series: Biographical/Personal, Correspondence, Topical Files, Speeches and Writings, Career Materials, 1926-1948 and Career Materials, 1948 to 1985. Biographical and autobiographical materials and photographs have been placed at the beginning of the collection. In general, much of the material relates to Professor Wernette's writings and to his relationship with the business community. Little material about his teaching career at the University of Michigan or about the Michigan Business Review is included.

Subject Terms

This collection is indexed under the following headings in the finding aid database and catalog of The Bentley Historical Library/University of Michigan. Researchers desiring additional information about related topics should search the catalog using these headings.


  • Colombia.
  • Executives -- Training of.
  • Peru.
  • Photographs.
  • Ohio Citizens Trust Company.
  • University of New Mexico. President.
  • University of Michigan. School of Business Administration.
  • University of Michigan -- Faculty.
  • Wernette, J. Philip (John Philip), 1903-1988.
  • United States. Office of Price Administration.
  • University of Michigan -- Faculty.
  • Wernette, J. Philip (John Philip), 1903-1988.
Contents List
Request materials for use in the Bentley Library
Container / Location Title
 
Biographical/Personal [series]
Box   1  
Biographical material
Box   1  
Autobiographical material
Box   1  
Photographs: portraits, and photographs of Wernette as part of official grouping
Box   1  
Junior High yearbook, Grand Rapids 1915
Box   1  
High School yearbook, Grand Rapids 1917
 
Correspondence 1929-1987 [series]

The Correspondence series was maintained in its original alphabetical order. The bulk of the materials date from the 1950s through the early 1980s. It includes both incoming and outgoing correspondence, largely concerned with Professor Wernette's economic theories. Some personal correspondence is included, and further correspondence may be found within the Topical Files and the Career Materials series.

Box   1  
Unidentified 1957-1985
Box   1  
A
Box   1  
B
Box   1  
Bond, Floyd
Box   1  
C
Box   1  
D
Box   1  
E
Box   1  
F
Box   1  
G
Box   1  
Goodwin, E.S.L. (4 folders)
Box   1  
General Motors Truck and Coach Division
Box   1  
H
Box   1  
I
Box   1  
J
Box   1  
K
Box   1  
Kerby, Bill
Box   2  
Kerby, Bill (cont.)
Box   2  
L
Box   2  
Lane, William-General Motors
Box   2  
M
Box   2  
Macmillan Publishing (2 folders)
Box   2  
Metropolitan Insurance
Box   2  
N
Box   2  
National Association of Business Economists
Box   2  
O
Box   2  
P
Box   2  
Publishers
Box   2  
R
Box   2  
S
Box   2  
State Department, South America 1955
Box   2  
T
Box   2  
U
Box   2  
V
Box   2  
W
Box   2  
Y
Box   2  
Z
 
Topical Files 1942-1985 [series]

The Topical Files have been arranged alphabetically, and vary widely. Some reflect particular activities or organizations, while others are reference files for various writings. When possible, the folders have been given rough dates. Included are eight folders of miscellaneous material which was received unfoldered and unsorted.

Box   2  
Agrocracy, representation 1956-1964
Box   2  
Basing-point material 1942-1966
Box   2  
Corrections 1950-1959
Box   2  
Environment/pollution 1956-1973
Box   2  
Evaluation of teaching 1944, 1971
Box   2  
Financing Full Employment 1946-1947
Box   2  
Farrar and Rinehart 1944
Box   2  
Future of American Prosperity reviews 1955
Box   3  
Futurism
Box   3  
General Motors
Box   3  
General Motors 1954-1975
Box   3  
General Motors 1976-1980
Box   3  
Gilder, George 1981
Box   3  
Growth and Prosperity reviews
Box   3  
LEAD Program 1982-1983
Box   3  
Master sheets
Box   3  
McCracken, Paul 1970-1985
Box   3  
Michigan Business Review
Box   3  
Miscellaneous materials (8 folders)
Box   3  
National Economic Planning 1975-1976
Box   3  
Nature and Extent of Competition 1961
Box   3  
Press releases and clippings 1955-1981
Box   4  
Soviet Union 1951-1972
 
University of Michigan
Box   4  
Research Club 1956-1982
 
School of Business Administration
Box   4  
Syllabi 1978-1983
Box   4  
Class readings 1949-1973
Box   4  
Senate Advisory Committee 1959-1960
Box   4  
Verses
 
Speeches and Writings 1932-1980 [series]

The Speeches and Writings is the largest series (4 linear ft.), and consists of two subseries, Manuscript Materials and Published Materials. The manuscript materials have been arranged alphabetically by the title of the article or speech, and dated when possible. The published materials include copies of five of Professor Wernette's eight books, plus two linear feet of journals and reprints which have not been arranged.

 
Manuscript Materials
Box   4  
American Political Economy (law school outlines)
Box   4  
Appraisal of Full-Employment Budget 1972
Box   4  
Book review of Janeway's Economics of Crisis 1968
Box   4  
Book review: two books about banks and bankers 1975
Box   4  
Boston Sunday Post articles 1937-1939
Box   4  
Building a Boring Banquet 1968
Box   4  
Building a Greater America
Box   4  
Business Can Influence Government 1968
Box   4  
A Business Reading List
Box   4  
Canadian Prosperity 1967
Box   4  
The Case Method 1963
Box   4  
Cheer Up, America!
Box   4  
Collegiate Education for Business 1960
Box   4  
Comments on the Economic Reports
Box   4  
Commercial and Financial Chronicle articles 1965
Box   4  
Detroit Economic Club 1969, 1973
Box   4  
Detroit News articles 1956-1967
Box   4  
Diagram of American Economic System
Box   4  
Economic Theory 1942
Box   4  
England and the English People 1933
Box   4  
English Banking 1933
Box   4  
Executive Philosophy and Practice 1966
Box   4  
Factors in the Business Outlook 1969
Box   4  
The Future of the Automobile
Box   4  
General Motors: The Past Half Century and the Next Half Century 1958
Box   4  
GMC: Outlook for the Dynamic American Economy
Box   4  
GNP and GNE 1974
Box   4  
The Gold Problem
Box   4  
The Good Life Ahead in Ann Arbor
Box   5  
Holmes and Watson Were Wrong 1969
Box   5  
How Long the Business Slump?
Box   5  
How Much Government? 1965
Box   5  
Image of the Businessman 1962
Box   5  
The Impact of Communism 1971
Box   5  
The Impact of Fiscal Policy 1971
Box   5  
Impressions of Soviet Russia 1933
Box   5  
Inflation: Fact and Fancy 1965
Box   5  
Is America Going Bankrupt? 1953
Box   5  
Is the Surtax Necessary?
Box   5  
Los Angeles Times articles 1967-1969
Box   5  
Martin and the "Fed" 1966
Box   5  
Mathematics for Business Training
Box   5  
Meeting Society's Challenges to Businesses 1971
Box   5  
Meeting the Attacks on Free Enterprise
Box   5  
Miscellaneous Writings
Box   5  
Money Manager Martin 1965
Box   5  
Monopolistic Competition, Chamberlin 1937
Box   5  
The Need for Accurate Measurement of the Impact of the Budget on the Economy
Box   5  
A New Curriculum for Business Administration 1967
Box   5  
A Year of Transition 1981
Box   5  
Ohio Citizens Trust Company, Tempo newsletter column 1961-1976
Box   5  
On Maximizing Profits 1967
Box   5  
The Outlook for American Business
Box   5  
The Outlook for the American Economy
Box   5  
The Outlook for the American Economy in the Seventies
Box   5  
The Perils and Promise of Prosperity 1970
Box   5  
Perspective on Environmental Problems 1975
Box   5  
The President 1966
Box   5  
Progress of the Trillion Dollar Economy 1970
Box   5  
The Promise of Prosperity
Box   5  
Proper Role of Government
Box   5  
Report from Iron Mountain
Box   5  
Shorter Work Week
Box   5  
Soaring Sixties and Surging Seventies 1969
Box   5  
The Social Responsibilities of Business 1971
Box   5  
Speech Titles
Box   5  
Spirit of Enterprise 1967
Box   5  
Summaries of Talks 1950-1968
Box   5  
Swigart 1979-1980
Box   5  
Talks in El Salvador 1954
Box   5  
Talks in South America 1955
Box   5  
Time Deposits 1963
Box   5  
A Time for Confidence 1968
Box   5  
The Trillion Dollar Economy 1967
Box   6  
TV program outline (University of Michigan), The American Economic System 1954
Box   6  
TV program script, The Ten Million Dollar Bill 1965
Box   6  
TV/Radio program proposal, Building a Greater America
Box   6  
University of Michigan Press Club speech 1969
Box   6  
What Do Managers Do?
Box   6  
What Does Pound Devaluation Mean to Us? 1966
Box   6  
What's Ahead for American Business 1958
Box   6  
What is Economics?
Box   6  
What's True of America is True of General Motors
Box   6  
Who Voted for Goldwater? 1964
 
Published Materials
Box   6  
Money, Business and Prices 1933
Box   6  
The Control of Business Cycles 1940
Box   6  
Financing Full Employment 1945
Box   6  
The Future of American Prosperity 1955
Box   6  
Growth and Prosperity Without Inflation 1961
Box   6  
Government and Business 1964
Box   6  
Executive Philosophy and Practice (editor) 1965
Box   6  
Scrapbook: "Articles By Wernette"
Box   6  
Miscellaneous journals and reprints 1932-1979 (0.5 linear feet)
Box   7  
Miscellaneous journals and reprints 1932-1979
Box   8  
Miscellaneous journals and reprints 1932-1979 (0.5 linear feet)
 
Career Materials 1926-1948 [series]

The Career Materials, 1926-1948 are arranged chronologically, and include writings, teaching materials, correspondence and reports of the financial advisory commissions to Colombia and Peru. In some cases these financial reports have been retained in both English and Spanish, when one version included material not found in the other. Also of interest is correspondence relating to the controversy over the appointment of two faculty members at the University of New Mexico, which resulted in the dismissal of Dr. Wernette by the Board of Regents.

Box   8  
University of Southern California, M.A. thesis, "The Relation of Government to Industry" 1926
Box   8  
Harvard University, class notes, "Public Finance" 1927-1928
 
Republic of Columbia
Box   8  
Fiscal advisory commission reports 1929

(bound, in English)

Box   8  
Fiscal advisory commission reports 1929 (7 folders)

(in Spanish)

Box   8  
Financial reorganization publications 1929

(in Spanish)

Box   9  
Republic of Peru
Box   9  
Kemmerer Commission reports 1931 (3 folders)
Box   9  
Kemmerer Commission reports 1931 (19 pamphlets)

(in English and Spanish)

Box   9  
Kemmerer Commission scrapbook 1931
 
Harvard University
Box   9  
Ph.D. thesis, "Branch Banking in California" 1932
Box   9  
Problems in Economic Theory 1936 (draft for 1939 book) 1936-1939
 
Economic Problems of National Defense
Box   9  
1940-1941
Box   9  
1941-1942 (2 volumes)
Box   10  
Office of Price Administration 1942-1943
 
University of New Mexico 1946-1948
Box   10  
General (2 folders)
Box   10  
Wernette inauguration 1946
Box   10  
Bulletin 1947
Box   10  
Clippings
Box   10  
Allen and Kleven material (re: controversy over appointment of faculty)
 
Career Materials 1949-1985 [series]

The Career Materials, 1949-1985 series is composed of two subseries, Executive Training Files and Ohio Citizens Trust Company. The executive training materials include correspondence, agendas and topics covered. Of particular interest is material relating to the University of Michigan's Executive Development Program from 1972 to 1982. The Ohio Citizens Trust Company materials document Wernette's twenty-six year relationship with the company, and include files of his monthly reports to the directors dating from 1957 to 1983, plus files of yearly economic forecast booklets dating from 1961 to 1982.

 
Executive Training Files
Box   10  
Advanced Bank Management Seminar 1961
 
American Electric Power
Box   10  
1976
Box   10  
1977
Box   10  
1978
 
1979
Box   10  
General
Box   10  
Topic I: The Political Economy of the Private Enterprise System
Box   10  
Topic II: American Government: Nature, Growth and Functioning
Box   10  
Topic III: The American Economic System: Growth and Functioning
Box   10  
Topic IV: Stable Prosperity: Monetary and Fiscal Policies
Box   10  
Topic V: Inflation
Box   10  
Topic VI: The Outlook for the Dynamic American Economy
Box   10  
1980
Box   10  
1981
 
Pacific Coast Banking School
 
1951
Box   10  
General
Box   10  
Lecture notes
 
1961
Box   10  
General
Box   10  
Topics
Box   10  
Executive Administration
 
Executive Development Program, University of Michigan
Box   10  
1954
Box   10  
1972
Box   10  
1974
Box   11  
1975
 
1976
Box   11  
General
Box   11  
I. The Political Economy of the Private Enterprise System
Box   11  
II. American Government: Growth and Functioning
Box   11  
III. Stable Economic Growth
Box   11  
IV. The Outlook for the Dynamic American Economy
Box   11  
1977
Box   11  
1978
Box   11  
1979
Box   11  
New Frontiers, University of Michigan 1981
 
Executive Academy, University of Michigan
Box   11  
1979-1981
Box   11  
1982
Box   11  
Notes
 
Ohio Citizens Trust Company
Box   11  
General 1957-1981
Box   11  
Speeches 1957-1963
Box   11  
Business outlook 1978-1983
 
Trust Committee
Box   11  
General 1971-1977
Box   11  
Reports to 1976-1983
 
Monthly reports to directors
Box   11  
1957-1959
Box   11  
1960-1961
Box   11  
1962-1963
Box   11  
1964-1965
Box   12  
1966-1967
Box   12  
1968-1969
Box   12  
1970-1971
Box   12  
1972-1973
Box   12  
1974-1975
Box   12  
1976-1977
Box   12  
1978-1979
Box   12  
1980-1981
Box   12  
1982-1983
 
Economic forecast booklets
Box   12  
1958
Box   12  
1961-1983 (23 folders)
 
Annual reports
Box   12  
1956
Box   12  
1957
Box   12  
1959
Box   12  
1961
Box   12  
1962
Box   12  
1963
Box   12  
1964
Box   12  
1965
Box   12  
1969
Box   12  
1972
Box   12  
1973
Box   12  
1974
Box   12  
1975
Box   12  
1976
Box   12  
1977
Box   12  
1978
Box   12  
1979
Box   12  
1980
Box   12  
1981