Around 1900, was it widely known that the Chebyshev polynomial $T_n(X)$ satisfies the identity
$$ T_n(X) \circ \frac{X+X^{-1}}{2} = \frac{X^n+X^{-n}}2?$$
And also, would one expect top-notch algebraists of that era to be familiar with this (even though Chebyshev polynomials originated in analysis)?
I would have guessed that this identity was well known back then, since following Euler (if not earlier) it seems natural to rewrite the identity $T_n(\cos\theta)=\cos n\theta$ in terms of $z:=e^{i\theta}$, which yields the above identity.
Here is why I ask. In his PhD thesis of 1896, Dickson introduced a class of polynomials $D_n(X,a)$, which satisfy the identity
$$ D_n(X,a) \circ \Bigl(X+\frac{a}X\Bigr) = X^n + \Bigl(\frac{a}X\Bigr)^n,$$
and showed that they had remarkable properties over finite fields. What has always puzzled me is that Dickson didn't recognize the connection of these polynomials to Chebyshev polynomials, and especially that he didn't notice how similar his identity is to the Chebyshev polynomial identity mentioned above. Dickson didn't mention Chebyshev polynomials either in his thesis or in his 1901 book "Linear Groups". This seems especially surprising since Dickson was a first-rate mathematician, and also was extremely attentive to the previous math literature, for instance spending a decade writing his 1500-page history of the theory of numbers. So that's why I wonder which properties of Chebyshev polynomials would have been familiar to leading algebraists around 1900.