1968 Was a Turbulent Year – But the Nation Survived

This benefit concert poster for Robert Kennedy promotes a show in Los Angeles just days before his death.

By Jim O’Neal

Robert Kennedy was boarding a plane for a campaign stop in Indianapolis when he heard the news that Martin Luther King Jr. had been shot and when Kennedy arrived, the chief of police informed him the city could not guarantee his protection. Kennedy ignored the warning and went straight to the rally.

He asked an aide, “What should I say?”

When they arrived, the crowd of nearly 1,000 waiting for him was unaware that King had died and they gasped when Kennedy told them. Some, in disbelief, continued to cheer. Others had not heard him. “You can be filled with bitterness, with hatred and a desire for revenge,” he said, speaking in the glare of lights, a black overcoat protecting him from the cold. “Or we can make an effort as MLK did … to replace that violence, that stain of bloodshed … with an effort to understand, with compassion and love.”

RFK had the best speechwriters in the business, yet here, he spoke extemporaneously, asking the people to reject division and lawlessness and to pray for “our country.” Then he remembered words from the Greek poet Aeschylus: “Even in our sleep, pain which cannot forget falls drop by drop upon the heart, until in our own despair, against our will, comes wisdom through the awful grace of God.”

After he was assassinated, an air of the absurd and perverse was moving into a void. Rowan & Martin’s Laugh-In tweaked establishment sensibilities. On radio, Country Joe and the Fish sang irreverently (“Be the first one on your block to have your boy come home in a box”), and Simon and Garfunkel asked plaintively “Where have you gone, Joe DiMaggio? A nation turns its lonely eyes to you.”

Campuses were in revolt. The most notable uprisings came with the Democratic National Convention in Chicago. Led by absurdist characters like Abbie Hoffman and Jerry Rubin – whose Yippie party reportedly planned to slip LSD into the city water system, and seize Nabisco HQ and distribute free Oreos – 10,000 demonstrators came, but 23,000 police and national guards were waiting and many heads were whacked.

By midweek, the convention took on a confrontational tone itself. Connecticut Senator Abraham Ribicoff denounced the “Gestapo tactics” of Chicago Mayor Richard Daley’s police and Daley, 20 feet away on the floor, cupped his hands to his mouth and shouted an expletive-filled retort. All for the nation to see on national TV.

Yet America endured the rioting and assassinations, the cold-blooded killings, and the absurd, nihilistic campaigns and it all ended with an election … not a revolution. I’m willing to bet we can do it again.

RFK and Aeschylus were both wise men and others will take their place.

Jim O'NielIntelligent Collector blogger JIM O’NEAL is an avid collector and history buff. He is President and CEO of Frito-Lay International [retired] and earlier served as Chairman and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Railroads Helped America Claim Position as Most Powerful Nation on Earth

This 1876 “Lightning Express” broadside promoting the first through train service connecting the gold and silver fields of Virginia City, Nev., with San Francisco realized $13,145 at a November 2011 Heritage auction.

By Jim O’Neal

The first American railroad was only 13 miles of track and formally known as the Baltimore & Ohio Railroad. The “B&O Line” was started by a group of Baltimore merchants in 1828 and opened in 1830. At the time, turnpikes, rivers and canals were the primary modes of travel and transport.

By the beginning of the Civil War, railroads had become a major American industry, with numerous companies competing in a broad geographic area over 30,000 miles of track. The first railroad to link the East to the West was completed in 1869.

The Central Pacific Railroad had started in Sacramento and immediately had to confront the Sierra Nevada mountains … 7,000 feet up from the Sacramento Valley to the summit of the Sierras. Then there was the critical issue of labor since the mines were paying premium rates and workers were a scarce commodity.

A controversial decision was made to bring in Chinese laborers. Creative companies sprang up to organize these activities and, ultimately, 12,000 Chinese workers were digging and blasting through the mountains. For $30 a month, they had to feed themselves and live in makeshift camps alongside the tracks. When it snowed, they carved out entire galleries under the snow and lived there for weeks at a time.

The Union Pacific Railroad began in Omaha, Neb., and their laborers were primarily Irish, up to 10,000 at times, although a few Civil War veterans and other migrants were used. Brigham Young, one of the original incorporators of the Union Pacific, was instrumental in steering the railroad through Utah. This provided badly needed jobs for Europeans who had come to join the Latter-day Saints.

When the two railroads finally met, it was in Promontory, Utah, and the Promontory Spike was pounded into the ground on May 10, 1869.

Big projects, big money and big government always seem to include corruption. And so it was with the Transcontinental Railroad. During the 1872 reelection campaign of President Ulysses S. Grant, a major scandal erupted that ground Washington, D.C., to a standstill. Major members of the administration and other ranking politicians were charged with enriching themselves. By then, railroads had become a major force in politics and everyday life. To have the industry linked to wild accusations of bribery and corruption was a significant letdown.

The House of Representatives was forced to start hearings after scandals erupted in newspapers almost daily. They started in closed session, but were soon open as crowds of reporters and spectators overflowed the rooms. It was the center of attraction for the nation’s capital on a daily basis.

Eventually, they caught fewer than 25 politicians who had profited off the railroads, but a larger group was actually linked to the scandal, including cabinet members, Vice President Schuyler Colfax, Vice President-elect Henry Wilson, Speaker of the House James Blaine and Representative James Garfield, the future president. All were tainted with the same scandalous brush, although some were able to mitigate the charges and salvage their reputations.

In spite of the scandals, the nation obviously benefited significantly from railroads, primarily because of their influence on settlement patterns of those who ventured West. The large, empty space that was still generally called “The Great American Desert” flourished.

Wagon-train caravans were largely abandoned and huge areas of land were transformed into productive farms to help feed a growing country. Ranch land developed all the way to the Pacific Ocean. Everyone seemed to benefit with the exception of the Plains Indians, who were exploited as their lands, mineral rights and even their way of life were lost.

The United States was entering the Gilded Age and gearing up to leverage the enormous opportunities waiting in the 20th century. The American worker was the envy of the world as compulsory education created large pools of labor that were literate and competent. They were eager to hone their skills with the new technologies that Edison, Bell, Ford, et al. were churning out. When combined with its natural resources, rule of law and a Constitutional Democracy, America was poised to become the most powerful nation on Earth.

Railroads played an important role in that achievement.

Jim O'NielIntelligent Collector blogger JIM O’NEAL is an avid collector and history buff. He is President and CEO of Frito-Lay International [retired] and earlier served as Chairman and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Big-Money Elections Date Back More than 100 Years

Marcus Alonzo Hanna is considered one of the earliest “kingmakers” in American politics.

By Jim O’Neal

Bernie Sanders just announced his campaign has raised an astounding $222 million to date, with 99 percent coming from individuals!

Money has always been a factor in politics, however, modern political fundraising really got going in 1896 when William McKinley ran for president. It was due to the innovation of a successful Cleveland businessman who had made his personal fortune in the coal and iron industry.

Marcus Alonzo Hanna (1837-1904) was rejected for participation in the local Civil Service Reform Association, so he opted for the world of politics instead. He had some quirky habits like gorging on hard candy, eating chocolates by the box and a belief that government existed to serve business. He preferred the company of other wealthy men and scoffed at books and scholars alike.

He became recognized as the Republican Party boss of Ohio, a state that had produced Supreme Court Justices, presidential cabinet members, and five presidents (this would later increase to eight … the record). Ohio was a wonderful training ground for national politics.

Hanna had successfully backed McKinley (former congressman) for Ohio governor in 1892 and rescued him from bankruptcy in 1893 by paying off a $30,000 business debt. Three years later, he became McKinley’s full-time presidential campaign strategist after spending $100,000 of his personal money securing the Republican nomination for McKinley.

Hanna then positioned McKinley perfectly for the 1896 general election, first by successfully blaming the Democrats for the Panic of 1893 and then becoming the precursor of the modern media consultant. He controlled the political schedule and tailored a message that fit the strategy of the campaign. He insisted that McKinley simply sit on his front porch in Canton, Ohio, receive delegations from all over the country and occasionally issue a carefully worded public speech.

Even the railroads cooperated by reducing fares for Canton-bound Republican delegations. They flocked by the trainload. In a single day, McKinley spoke to 80,000 people, who in turn exchanged greetings and pledged their loyalty. Meanwhile, hundreds of orators crisscrossed the country spreading the word of the Ohio Republican. The campaign paid for the trips and Hanna personally approved every itinerary and all invoices.

Then they countered every speech by Democratic rival William Jennings Bryan by printing millions of documents in German, French, Italian, Dutch, Hebrew and Spanish and then distributing them in closely contested states. This combination of messaging and pamphleteering on such a vast scale cost more money than had ever been spent on any political campaign. New York banks, insurance companies and millionaires were expected to kick in 0.25 percent of their capital and even John D. Rockefeller’s Standard Oil Co. contributed $250,000!

The result was an overwhelming victory and legislators have been chasing “campaign finance reform” ever since. I wish them luck, as the price for admission today is a cool billion dollars. Even Mark Hanna might be shocked by today’s election economics, but I suspect he would adapt rather easily. He was one smart dude!

P.S. Hanna also made it into the U.S. Senate a couple of times before dying in 1904.

Jim O'NielIntelligent Collector blogger JIM O’NEAL is an avid collector and history buff. He is President and CEO of Frito-Lay International [retired] and earlier served as Chairman and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

It Was a Rough Road, but After His Presidency, Grant Found His Way

This oil on canvas portrait of Ulysses S. Grant by Freeman Woodcock Thorp (1844-1922) sold for $10,456.25 at a June 2008 Heritage auction.

By Jim O’Neal

After President Ulysses S. Grant left office in 1877, he went on a world tour that lasted two years. Some of the highlights included dinner with Queen Victoria, and meetings with Pope Leo XIII and German Chancellor Otto von Bismarck in Europe.

After a trip to India, Grant and family turned to Asia and visited Burma, Siam (Thailand) and Cochinchina (Vietnam). On mainland China, they visited several cities and he ended up brokering an agreement between China and Japan regarding the Ryukyu Islands (sound familiar?).

Eventually, they returned to America and Grant was broke and badly in need of income. He tried several things, including a railroad in Mexico. Nothing was remotely successful and he was desperate.

The biggest disappointment was yet to come and it involved a brokerage house at 2 Wall Street that Ulysses Jr. started with a close and trusted friend. At first there were years with double- and triple-digit returns and Grant was feeling more secure. Then the firm had a cash crunch and Grant borrowed $150,000 from businessman William Vanderbilt. However, it was discovered to be a Ponzi scheme, which left Grant destitute and in debt … unable to repay the loan.

He then agreed to write an article for a magazine on the Battle of Shiloh (where he led Union forces to victory) for $500. Not only was it well received, but Grant truly enjoyed the writing and it lifted his spirits to recall his earlier days. After several more articles, including accounts of Vicksburg and the Battle of the Wilderness, it led to negotiations over a book.

Enter good friend Mark Twain.

Twain convinced Grant that he would give him 75 percent of the royalties in return for the publishing rights. Then Grant discovered he had throat cancer (remember all those cigars?) and it became a race between death and finishing the book. The book won (barely) and the royalties provided the Grant family with enough money to be comfortable after his death. Estimates range from $400,000 and expectations were exceeded.

The combination of ex-President Grant, his memoirs, a surprisingly literary ability and the experience of Mark Twain produced a happy ending to a remarkable period of American history.

Jim O'NielIntelligent Collector blogger JIM O’NEAL is an avid collector and history buff. He is President and CEO of Frito-Lay International [retired] and earlier served as Chairman and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Cheerful ‘First Lady’ Harriet Lane Followed Gloom of Pierce Years

This rare Franklin Pierce original daguerreotype, housed in a leatherette case, realized $15,525 at a November 2003 Heritage auction.

By Jim O’Neal

Jane Means Pierce was known as “the Shadow in the White House.” She had always battled mild depression and, after her marriage to Franklin Pierce in 1834, things only got worse. In 1836, their 3-day-old son died and this heightened her melancholy and outright depression.

A second son also died early – 4 years old – from a bout of typhus and she bitterly blamed a mix of politics and Franklin’s excessive use of alcohol. Politics became anathema to her, but the worst was yet to come. When the Democratic Party selected Franklin Pierce to be their presidential candidate in 1852, Jane literally fainted at the news.

Then weeks after a trying election, tragedy struck again. On Jan. 6, 1853, while on a family train trip, their 11-year-old son Benny was crushed to death when the train derailed. A grief-stricken Jane was unable to attend her husband’s inauguration on March 4, 1853. She then spent the next two years virtually cloistered in the upstairs living quarters of the White House. She never fully recovered.

Harriet Lane was among 25 “Ladies of The White House” featured in an 1889 N353 Consolidated Cigarettes trading card set.

When she died in 1863 (aged 57), novelist Nathaniel Hawthorne, a close family friend, summed up her life at the funeral: “Jane Pierce was never really of this world.”

After the depressing gloom of the Pierce administration, Washington society was delighted when the bright and cheerful “Democratic Queen” Harriet Lane became “First Lady” (the only one not married to a president). She was the favorite niece of bachelor President James Buchanan.

Lane had accompanied Buchanan to London when Pierce had appointed him Ambassador to the United Kingdom, where she partied with royalty at the Court of Saint James. Earlier, Buchanan had served as Secretary of State for James Polk and remains the last one to later be elected president.

Harriet Lane was perfect for the White House and later established her own reputation for philanthropy after donating her art collection to the Smithsonian and a “generous sum” to Johns Hopkins to establish a home for invalid children. This was the first children’s clinic in the United States associated with a medical-school hospital.

Ironically, her uncle is primarily remembered for his inability to prevent this nation’s bloody Civil War, and perennially shows up on lists of the worst presidents, an honor that is well deserved.

Jim O'NielIntelligent Collector blogger JIM O’NEAL is an avid collector and history buff. He is President and CEO of Frito-Lay International [retired] and earlier served as Chairman and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Americans Increasingly Shunning Artificial Sweeteners, Chemicals

This vintage “Double Dot” Pepsi-Cola radio, possibly one-of-a-kind, realized $4,312.50 at a June 2005 Heritage auction.

By Jim O’Neal

PepsiCo stock dropped recently when they canceled a meeting with bottlers to address the declining sales of Diet Pepsi. According to Nielsen (the experts in market share), sales of Diet Pepsi have dropped a staggering 12 percent in the last three months as consumers complain about the taste. The primary culprit appears to be replacing aspartame, an artificial sweetener, with sucralose, a sugar substitute.

Everybody still remembers the fiasco in mid-1985 when the Coca-Cola Company introduced “New Coke,” the unofficial name of a reformulated Coke. After the furor that ensued with customers (“Don’t f— with my Coke!”), they quietly withdrew the product.

Taste is one issue, but in 1969 the artificial sweetener cyclamate was banned due to concerns about it being a carcinogen. These concerns were later allayed, but not before products in all supermarkets and other distribution channels were withdrawn and destroyed. Now, sugary soft drinks will probably die a slow death due to effects of obesity, diabetes and political pressure (Philadelphia is poised to implement a 1.5 cent-per-ounce tax on sugary and diet beverages). Many schools already have banned them.

The bigger point is that the things we eat and drink today are remarkably safe (though maybe not necessarily healthy), especially when compared to items sold before the Food and Drugs Act of 1906. This led to the creation of the Food and Drug Administration.

The real improvements in what we ingest today are simply stunning when compared to that of the 17th century and for many years after. Virtually nothing escaped the devious wiles of that era’s food adulterers. Usually, the primary focus was stretching more expensive items. Sugar was stretched using gypsum, plaster of paris, sand dust and other forms of “daft” (as such additives were collectively known). Butter was bulked out with tallow and lard.

A tea drinker might unwittingly take in anything from sawdust to powdered sheep’s dung. In The Victorian House, a bestselling social history of Victorian domestic life, Judith Flanders writes how “tea” shipments might have been half tea and the rest common dirt and sand.

Sulfuric acid was added to vinegar for extra “sharpness,” chalk helped somehow in milk, and turpentine in gin gave it a little kick. Copper arsenite was used to make vegetables greener and lead chromate gave bakery products a golden glow. Bread was a particularly attractive target. In The Nature of Bread, Honestly and Dishonestly Made, Joseph Manning, M.D., reports it was common for bakers to add bean meal, chalk, white lead, slaked lime and bone ash to every loaf they made.

Ugh.

Still, I hope the Pepsi folks don’t get too creative with Diet Pepsi. It tastes fine to me. It looks like the problem is they only substituted one artificial sweetener for another … taking out aspartame and adding sucralose from high-fructose corn syrup.

Maybe they didn’t get the memo that consumers in growing numbers are rejecting artificial sweeteners and chemicals (in all foods and beverages). Or maybe their subscription to Chemical Week expired. When consumers want artificial additives, they can go to CVS or Sherwin-Williams.

Jim O'NielIntelligent Collector blogger JIM O’NEAL is an avid collector and history buff. He is President and CEO of Frito-Lay International [retired] and earlier served as Chairman and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Intraparty Feuding Over Presidential Politics Not New

This 1900 William McKinley reelection poster realized $17,925 at a May 2010 auction.

By Jim O’Neal

“Now look! That damn cowboy is president!” – Mark Hanna (1901)

Major William McKinley was the last veteran of the Civil War to be nominated for president by any party. With the backing of Ohio businessman and U.S. Senator Mark Hanna, McKinley won the 1896 presidential election and was inaugurated on March 4, 1897. This was the last presidential inauguration of the 19th century and the first to be recorded on film.

His vice president, Garret Hobart, died in 1899 at age 55 from heart disease. He would become the last man to serve in that office in the 19th century and the last vice president to die while in office. The vice presidency was then vacant until the next election.

As the incumbent, McKinley was the strong favorite in 1900, but a major dispute erupted over the choice for VP. There was a lot of support for Theodore Roosevelt after his high-profile exploits in the Spanish-American War, however, “King Maker” Hanna was very much opposed. He viewed TR as a maverick who would be hard to control and made his opinion well known:

“Matter! Matter! Why, everybody’s gone crazy. What is the matter with all of you? Here’s this convention going headlong for Roosevelt for vice president! Any of you realize that there’s only one life between that madman and the presidency? … What harm can he do as governor of New York compared to the damage he will do as president if McKinley should die?”

There was also a major dispute over the party platform, and the new Silver Republican Party decided to back Democrat William Jennings Bryan when the main Republican Party supported the gold standard. Silver Republicans included the senators from Utah, Idaho, Colorado, South Dakota, Montana and Nevada.

Of course, McKinley did win the election and after he was assassinated in 1901, that “damn cowboy” did become president. By then, Hanna’s health was failing and he and the new president reached an accommodation. TR would stop calling him “old man” and Hanna would stop calling Roosevelt “Teddy” (he disliked that name). The Silver Republican Party faded away and the 20th century was waiting impatiently.

Jim O'NielIntelligent Collector blogger JIM O’NEAL is an avid collector and history buff. He is President and CEO of Frito-Lay International [retired] and earlier served as Chairman and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

History Tends to Overlook the Man Who Originated Gerrymandering

John Trumbull’s famous painting The Declaration of Independence adorns the reverse of the current $2 bill. Somewhere in the group is Elbridge Gerry.

By Jim O’Neal

“If everyone here was a Gerry, the Liberties of America would be safe against the Gates of Earth and Hell.” – John Adams, July 15, 1776, letter to James Warren, the Second Continental Congress

Adams was praising Elbridge Gerry. Anytime the delegates from the middle colonies started to waver over the issue of independence, Gerry was there to persuade them that such a provocative action was needed to secure the future of America.

Elbridge Thomas Gerry was only 12 years younger than George Washington and was admitted to Harvard College at age 13. He earned B.A. and M.A. degrees. He then divided his time between the family garment business and both state and federal governance.

Gerry served in the U.S. House of Representatives during the first and second Congresses (1789-1793). Earlier, after being elected to the Second Continental Congress, he signed the Articles of Confederation and the Declaration of Independence, but was one of three men – in addition to George Mason and Edmund Randolph – who refused to ratify the U.S. Constitution. Gerry was stubbornly adamant that it should include a Bill of Rights to provide protection to individuals.

History proved him correct and our current Bill of Rights is foundational for many of the freedoms we now take for granted.

Then as governor of Massachusetts (1810-12), he approved a redistricting plan that ensured Democratic-Republican domination of the state. The shape of one of the new districts resembled that of a salamander, prompting Benjamin Russell, editor of the Boston Gazette, to coin the term “gerrymander.” This has entered our political lexicon to signify redistricting for political advantage.

Thomas Jefferson had been elected president in 1800 and again in 1804. Aaron Burr was VP during his first term and George Clinton (the first governor of New York) served as VP in the second term, 1805-09. Clinton was also elected VP in 1808 with James Madison and thus became the first VP to serve two presidents (John Calhoun would later match this feat). However, Clinton died on April 20, 1812, before the election and there was no provision to replace him.

When James Madison was nominated for his second term in 1812, the Democratic-Republican party selected the old reliable Elbridge Gerry to be his running mate (after John Langdon declined). They were both elected, however Gerry died in November 1814 after serving only about 21 months.

Thus James Madison earned the dubious distinction of being the only president to have two vice presidents die in office. No one particularly cared due to the nature of the job and its insignificance.

Elbridge Gerry was buried in the Congressional Cemetery in Washington, D.C. He is the only signer of the Declaration of Independence to be buried in the nation’s capital. He had married a much younger woman – Ann Thompson (James Monroe was best man) – and she holds the distinction of being the last surviving widow of any signer of the Declaration.

Today, gerrymandering has become an art form and voting districts are sliced and diced by ZIP code to create discrete groups of like-minded voters. Political junkies are in broad agreement that this results in major advantages to incumbent officeholders and significantly limits challengers from opposing parties.

Despite Mr. Gerry’s name now only remembered as a tactical political activity, a few avid paper-money fans (including moi) know that Elbridge Gerry is included in John Trumbull’s famous painting The Declaration of Independence that adorns the reverse of the current $2 bill (1976-), with Thomas Jefferson on the obverse. There are several earlier $2 bills with both Hamilton and Jefferson, as well as a National Bank note known as a “Lazy Deuce” due to an odd design.

The Trumbull painting is sometimes confused with the signing of the Declaration when in fact it depicts the five-man drafting committee presenting it to Congress on June 28, 1776. Oddly, there are only 42 of the 56 attendees depicted. But Elbridge Gerry is there for sure.

Now you know.

P.S. One theory is that John Trumbull could not get good resemblances of the 14 missing attendees. Good enough for me.

Jim O'NielIntelligent Collector blogger JIM O’NEAL is an avid collector and history buff. He is President and CEO of Frito-Lay International [retired] and earlier served as Chairman and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Yes, There Was a Time When Smoking was Punishable by Beheading

This 1920s Old Gold advertising sign includes the company’s infamous claim — “Not a cough in a carload!”

By Jim O’Neal

“Not a cough in a carload!”

In 1927, Lorillard Tobacco Company advertised their Old Gold brand of cigarettes with this catchy phrase. Testifying under oath before Congress in 1994, Lorillard CEO Andrew Tisch was one of “The 7 Dwarfs” (Big Tobacco CEOs) who claimed they “didn’t believe that nicotine is addictive nor that cigarette smoking causes cancer.”

No one was ever indicted for perjury or having a low IQ.

In 1950, Camel advertised “Every doctor in private practice was asked. More doctors smoke Camels than any other cigarette!” Camel ads went on to claim “Smoke as many as you want … They never get on your nerves.”

In 1953, Liggett & Myers went one step further: “Just what the doctor ordered!”

William Thalman (who played District Attorney Hamilton Burger on TV’s Perry Mason) died of lung cancer in August 1968, but made an anti-smoking TV spot that started, “Before I die, I want to do what I can to leave a world free of cancer for my six children…” It made quite a stir when it aired posthumously. Others finally joined in despite advertising concerns.

In 1992, “The Marlboro Man” Wayne McLaren, who was dying of lung cancer, appeared at the Philip Morris annual shareholders meeting and asked the company to voluntarily limit their advertising. Chairman Mike Miles brushed him off … quickly.

McLaren died three months later at age 51.

Miles was the first non-smoker to run Philip Morris and is credited with “Marlboro Friday” in 1993, when he reduced the selling price of cigarettes 20 percent in a vain attempt to regain share from generics. The board replaced him early the next year.

However, the renamed Altria Group Inc. is now a $120 billion corporation with strong international sales and pays a dividend of 3.7 percent. They continue selling the most efficient delivery system for nicotine to hundreds of millions of throats and lungs. One of their studies in Eastern Europe asserts it is cheaper to let people die early from lung cancer than provide long-term health care.

In the 17th century, a Russian czar banned smoking and then had three-time violators beheaded. That made it hard to inhale, but people today still continue finding ways to “sneak a smoke.”

P.S. The 1999 film The Insider starring Russell Crowe and Al Pacino is well worth another viewing. It is an entertaining look at the tobacco industry and was nominated for seven Oscars.

Jim O'NielIntelligent Collector blogger JIM O’NEAL is an avid collector and history buff. He is President and CEO of Frito-Lay International [retired] and earlier served as Chairman and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Custer’s Last Stand Marked the Beginning of the End for American Indian Warriors

This large half-plate ambrotype of George Armstrong Custer was taken circa September 1863 by William Frank Browne. It realized $83,650 at a December 2012 Heritage auction.

By Jim O’Neal

T.J. Stiles’ new book Custer’s Trials: A Life on the Frontier of a New America is being praised for the author’s ability to cut through decades of “revisionist baggage,” change the camera’s angle and examine Custer’s life as actually lived … to better gauge the man, his times and his “larger meaning” (whatever that means).

I’m a skeptic, but since Stiles’ biography on Cornelius Vanderbilt was brilliant (winning the Pulitzer Prize and National Book Award), I will probably Kindle it anyway.

What I know is that on the morning of June 25, 1876, Lieutenant Colonel George Armstrong Custer and 210 members of the 7th Cavalry (including two brothers) were killed by the Lakota Sioux and Northern Cheyenne.

Custer was born in Ohio in 1839, was lucky not to be expelled from West Point (he finished last in his class of 34 cadets) and had a decent career in the Civil War. He was probably indifferent to the issue of slavery and appears to be the type that thrived on war … like so many others of that period.

He undoubtedly loved being called “The Boy General.” With his long, blond hair, he was “the synonym of dashing gallantry and unfaltering fidelity” – at least according to The New York Times.

As a failed business speculator, the war offered him a perfect fit for his ambition and many wondered what he might do if he survived. The answer was quite simple: more war.

But this time, the Plains Indians were aggressively defending the land ceded to them by the Second Treaty of Fort Laramie.

In return for a cessation of attacks against miners and other settlers, the federal government gave the Sioux much of western South Dakota and eastern Wyoming. They also pledged to keep others away from the Sioux’s sacred Paha Sapa, or Black Hills.

However, in 1876 gold was discovered in the Black Hills and soon a hoard of 15,000 miners swarmed the territory. President Grant sent troops to push the Indians farther west and this put the Sioux on a direct collision course with Custer.

The Battle of the Little Big Horn, or “Custer’s Last Stand,” is now legendary, but the larger point is that this single event marked the beginning of the end for the thousands of Sioux warriors involved. In fact, it also included all of the Indian peoples of America.

Following the defeat, public outcry turned Custer into a martyr whose spilt blood had to be avenged. An expanded Army fiercely hounded the great Sioux leader Sitting Bull (he escaped to Canada) and his people. Most of the Sioux surrendered and ended up on reservations.

Within 15 years of Custer’s death, the battles had all faded into legend … waiting patiently to be revived by filmmakers, biographers and blog writers.

Jim O'NielIntelligent Collector blogger JIM O’NEAL is an avid collector and history buff. He is President and CEO of Frito-Lay International [retired] and earlier served as Chairman and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].