Walks and Early Sabermetrics

Noticed a reference to an interesting article on the value of the base on balls published in 1917 posted by a fellow SABR member on the list server. It makes the argument that walks should not be counted as hits as they were in 1887 but should be given more respect than simply not counting against the batter. The author then tries to come up with actual value of a walk by calculating how often a runner scores as a result. Some early sabermetrics that makes for interesting reading.