Probably. In the 1900's the progressive movement was much more focused on improving lives through the use of science and technology. Today it is more focused on social issues.
M2 is easily accessible funds, money market accounts, and saving instruments. It's basically ALL funds in M1 plus Money Market Accounts and Saving Instruments.
Frontiersman Daniel Boone (October 22, 1734-September 26, 1820) lived for several years in western Virginia. Boone was born near present Reading, Pennsylvania. In 1751, Boone’s family resettled in North Carolina on the North Fork of the Yadkin River. (That answers where he lived.)