Historical – Page 21 – The Intelligent Collector Magazine

Idea of a ‘United Nations’ Enthralled the Country … but Surprises Remained

A print of the famous “Dewey Defeats Truman” photo dated November 1948 and inscribed by Harry S. Truman sold for $10,157.50 at an April 2013 Heritage auction.

“If you can’t stand the heat, stay out of the kitchen.”

“The buck stops here!”

“Give me a one-handed economist. All my economists say, ‘On the one hand … on the other.’”

– Quotes attributed to President Harry S. Truman

By Jim O’Neal

It was during Harry S. Truman’s years that America irrevocably joined the community of nations. The phrase “United Nations” had occurred to Franklin Delano Roosevelt in the middle of the night during the bleak Christmas of 1941, while Winston Churchill was a guest at the White House. In its Jan. 10, 1942, issue, Time reported that “a new phrase, the United Nations” had slipped into the world’s vocabulary.

The year before, a Fortune survey had found that barely 13 percent of the electorate wanted to see the United States in any international organization. However, by 1944, 68 percent did and college students endorsed the proposal to send a U.S. delegation to a permanent U.N. by 50 to 1. The House, on a motion by J. William Fulbright from Arkansas to support “the creation of appropriate international machinery to establish and maintain lasting peace among the nations of the world … and participation by the U.S. therein,” resolved 360 to 20 to do so.

In the Senate, the measure also had bipartisan support.

Competition was fierce between Philadelphia, Atlantic City, Chicago, San Francisco and the Black Hills of South Dakota versus New York for the honor of providing the U.N. headquarters with a tax-free location. Only tiny Greenwich, Conn., voted not to receive it, probably more about an anti-One World sentiment.

Then there was the dramatic speech by U.S. Sen. Arthur Vandenberg making his historic pivot toward the viability of international independence that was given a standing ovation by senators of both parties. The press hailed him for delivering a speech of “unquestioned greatness” … “the most important address to come from the senate in the last 80 years” … “a courageous pledge to meet all aggression with force” … “a promise on no more Munichs.”

In the excitement, no one heard a shot fired on the other side of the world. Returning from Paris in a rage, Ho Chi Minh declared the independence of Vietnam, proclaimed himself president and took to the hills. The State Department yawned. After all, these were only natives who could be handled by a few companies of U.S. Marines and even that wouldn’t be necessary. The French Foreign Legion was on hand to suppress any issues.

Besides, we had more important work to rescue and rebuild our Allies in Europe with the new Marshall Plan. Remote places like Korea and Vietnam could wait as we established world order and focused on our domestic priorities. War was now passé and polls confirmed we would have peace for the rest of the 20th century.

As usual, the future would be laden with surprises.

Intelligent 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].

As America Played, Europe’s Dictators Set Stage for World War II

This 1939 edition of *New York World’s Fair Comics*, featuring a blond Superman on its cover and graded CGC VF/NM 9.0, sold for $25,300 at a July 2002 Heritage auction.

By Jim O’Neal

Spring 1939 was a season of triumph for Europe’s trio of new dictators. Francisco Franco finished up his work in Spain at a cost of 1 million dead. Benito Mussolini seized Albania and Adolf Hitler marched unopposed into Prague and claimed the rest of Czechoslovakia. Neville Chamberlain and his Munich Pact would be enshrined in the hall of naïveté for eternity. Another diplomatic fantasy dashed.

War fever was ratcheted up a notch, but most of the world pretended not to notice.

In the United States, people sought escape in entertainment, particularly in New York, where the flashy World’s Fair offered them a glimpse into “The World of Tomorrow.” The pavilions of 33 states, 58 countries (minus Nazi Germany) and 1,300 companies filled the imaginations of visitors with modern marvels like television, nylons, robots and man-made electricity.

The popular General Motors “Futurama” exhibit drew 28,000 visitors daily and featured their vision of life in 1960, where everyone would be fit and tan, take two-month vacations and drive cars powered by “liquid air.” Visitors left with a button reading “I have seen the future” — wandering the 1,200 acres like members of a congregation that had witnessed a divine miracle.

The 1938 film *Love Finds Andy Hardy* marked the second pairing of the popular Mickey Rooney and Judy Garland.

In June, the King and Queen of England came to America and their parade in New York attracted over 3 million people (second only to Charles Lindbergh) and another 600,000 in Washington, D.C. Eleanor Roosevelt famously served them genuine American hot dogs when they finally made it to the White House.

Fantasy also reigned at the movies, where Walt Disney in 1937 introduced his first full-length cartoon, Snow White and the Seven Dwarfs, and was hard at work on an animated paean to classical music, Fantasia. But the hottest box-office draw in 1938 was the freckle-faced teenager Mickey Rooney and his small-town exploits as Andy Hardy. Then came the most anticipated event in movie history, the premiere of Gone with the Wind and its epic romance in Civil War Georgia.

Awash in fairy tales and cartoons, science-fiction and nostalgia, people had little patience for bad news. However, when it started, there seemed to be no end. A surprise agreement between Germany and the Soviet Union and on Sept. 1, 1939, the killing began. After a faked Polish invasion of Germany, they unleashed 1½ million German soldiers in “response,” backed up by the most powerful war machine ever known to man.

Fantasy time had ended.

Martial Artists with Supernatural Powers Proved No Match for Eight-Nation Alliance

The 1963 film *55 Days at Peking*, starring Charlton Heston, Ava Gardner and David Niven, dramatized the siege of Peking during the Boxer Rebellion.

By Jim O’Neal

August 14 is an important date in Chinese history.

In the turmoil of the late 19th century, it was almost predictable that governmental efforts would be mounted to try and alleviate the growing dominance of the West in internal commerce policy. The Imperial government made some late-ditch efforts that all proved ineffective and the chaos came to a climax by yet another internal revolution that was dubbed the “Boxer Rebellion.”

This was an effort mounted in 1899 by a semi-secret society known as “The Righteous and Harmonious Fists,” whose singular goal was to expel foreigners. It was composed mostly of young men with martial arts skills and a remarkable belief they had supernatural powers that would make them impervious to bullets and weapons of the enemy.

The Imperial government was variously opposed and supportive, uncertain whether it represented a means of salvation or a risky provocation of the foreigners. After the Boxers’ fists proved to be vulnerable to bullets, they had their answer. The Eight-Nation Alliance (Japan, Russia, the British Empire, France, the United States, Germany, Italy and Austria-Hungary) was successful in crushing the rebellion – invading and occupying Peking on Aug. 14, 1900 – and proceeding to extract more trade concessions and over $300 million in reparations.

In 1963, Charlton Heston and a boozy Ava Gardner appeared in a mediocre movie, 55 Days at Peking, that did not do well, even though it still shows up occasionally on cable. One interesting tidbit is that it was filmed in Madrid and the casting called for 6,200 Asiatic-appearing actors. Oops … there were only about 2,000 in proximity so over 4,000 were recruited from Seville, Toledo and at least three cities in France. Many of them were owner-operators of Chinese restaurants and when they shut down to be in the movies, a major shortage of Chinese food quickly developed.

Roosevelt Eagerly Tackled the Great Depression with His New Deal

A re-election poster touting the benefits of Roosevelt’s New Deal sold for $4,182 at a February 2007 Heritage auction.

By Jim O’Neal

After the November 1932 election, Franklin D. Roosevelt had to wait four long months – until March 4, 1933 – before actually assuming the presidency … and he was eager to get started. This hiatus of power was eventually deemed too long for the modern world and the inauguration date would be moved to Jan. 20 before the next election.

It was almost a moot point since Roosevelt would win the next three elections.

Although FDR appeared to be patiently waiting, behind the scenes his team was busy working on a comprehensive legislative agenda. It contained the basic outline of a “New Deal” and was scheduled to be revealed right after the inauguration. FDR was excited and ready to get going.

After the new year started, with numerous banks closing, FDR continued to exude the same unflappable, confident demeanor. But he was growing increasingly impatient. By March, the bank crisis was at a fever pitch.

The Roosevelts entertained the outgoing Hoovers at the White House on the day before the inauguration. While alone, Herbert Hoover and Roosevelt had a heated argument over the latest wave of bad news. FDR flatly refused Hoover’s proposal to simply discourage more bank closings. FDR said, “If you don’t have the guts to take direct action, I’ll just wait until I am president.” (Which was the next day.)

That night, the governors in New York and Illinois closed all banks in both states. On Inauguration Day, all the nation’s banks were either closed or in the process of closing. Hoover was furious and refused to talk to Roosevelt as they rode from the White House to the Capitol.

In his inauguration speech, FDR included the famous phrase, “The only thing we have to fear is fear itself.” The very next morning, he signed the documents calling Congress into session and proclaiming a four-day national bank holiday.

This broke the fever and the panicky run on the banks to withdraw money was halted.

The New Deal was finally off and running.

Tilden Won Presidential Election Before it was Legislated Away

A Samuel Tilden 1876 campaign ferrotype badge sold for $1,875 at a February 2015 Heritage auction.

By Jim O’Neal

The 1876 presidential election fiasco involving Samuel Tilden and Rutherford Hayes was a major example in American history when “majority rule” broke down … rather badly.

Tilden ended up with 250,000 more popular votes than Hayes. However, three states – Florida, South Carolina and Louisiana (a total of 19 electoral votes) – each sent two sets of electoral votes to Congress.

Eventually, a 15-member electoral commission – with eight Republicans and seven Democrats – awarded all 19 votes (plus 1 disputed vote from Oregon) to the Republican Hayes on a straight party-line vote, 8 to 7.

Hayes won the electoral vote 185 to 184 and became president. After several filibusters and threats that “the streets will run red with blood,” tensions eased and another quasi-Civil War was averted.

Tilden passed up the opportunity to run again in 1880 (due to his health) and died a semi-reclusive bachelor at his estate in New York.

He bequeathed the bulk of his estate to a trust to establish and maintain a free library in New York City. In 1895, John Bigelow, one of Tilden’s Estate Trust Executors, came up with the novel idea of consolidating with two other struggling libraries.

The result was the New York Public Library, Astor, Lenox and Tilden Foundations … the forerunner of the New York Public Library, now second only in size to the Library of Congress.

Tilden died as another presidential also-ran, but with the unique distinction of actually winning the election before it was legislated away in plain sight of all. His tombstone bears the words: “I still trust the people.”

Tilden a Brilliant Intellectual on Path to the Presidency

An engraved portrait of Samuel J. Tilden, about 10 by 8 inches on card, went to auction in September 2001.

By Jim O’Neal

Samuel J. Tilden got robbed in the 1876 presidential election.

But then again, his life was full of conflicts and ironies:

A brilliant intellectual with a tired, battle-worn body at age 62
Intense loyalty to the Democratic Party that was crushed by prosecuting the Boss Tweed gang in NYC
A cold, unapproachable man that tens of thousands of Americans revered for his reform efforts
A hypochondriac who was always searching for medicines and cures, but with the stamina to work healthy men to exhaustion

His legal practice and shrewd investments made him both rich and influential. He managed the finances for many friends, relatives and political allies … including Martin Van Buren.

In 1848, he helped ex-President Van Buren snag the Free Soil Party nomination for president (he lost), and in the process helped ensure the election of the Whig Zachary Taylor.

Tilden (1814-1886) became the 25th governor of New York in 1875 … and then immediately took on the Canal Gang that was systematically robbing the state through fraudulent construction and maintenance on the New York State Canal System.

His success earned him the 1876 Democratic nomination for president … ugh.

To be continued …

Mystery of Samuel Pepys’ Tea Discovery Remains Unsolved After 200 Years

A 34-piece David Clayton George I miniature silver tea service, London, circa 1720, sold for $11,250 at a November 2015 Heritage auction.

“And afterwards I did send for a cup of tea (a China drink) of which I never drank before, and went away.” – Diary of Samuel Pepys, Tuesday, 25 September, 1660

By Jim O’Neal

In 1812, Scottish historian David Macpherson (The History of European Commerce with India) quoted the above tea-drinking passage from Samuel Pepys’ diary.

It’s the first record of an Englishman drinking tea.

This was an extraordinary thing to do, primarily because in 1812, Pepys’ diaries were still unknown! Although they resided in the Bodleian Library, the main research library of the University of Oxford – and had been available for inspection – no one had ever looked into them.

Or so it was thought.

Even if someone had taken a peek, they were written in a private code that had never been deciphered. How Macpherson managed to find and translate this passage, from six volumes of dense and secret scribbling, is beyond knowing. Not to mention what inspired him to look there in the first place.

Pepys (1633-1703) was born in London. He went to Cambridge, where he attended Trinity Hall and then earned a degree from Magdalen College. Not long after, he was employed as a secretary in London by Sir Edward Montagu, the 1st Earl of Sandwich.

He started his diary on Jan. 1, 1660, and continued it until 1669. It is through Pepys’ eyes that we have a remarkable view of everyday life in the middle of the 17th century. This is a highly unique first-person account of the Great Plague, the coronation of King Charles II, the Second Anglo-Dutch War, and the Great Fire of London.

Each time I think of this last event, I’m reminded of the great architect Sir Christopher Wren, who designed 52 churches, including the magnificent St. Paul’s Cathedral, and his epitaph:

“Here in its foundations lies the architect of this church and city, Christopher Wren, who lived beyond ninety years, not for his own profit, but for the public good. Reader, if you seek his monument – look around you.” This inscription is also inscribed (in Latin) on the circle of black marble on the main floor of the dome.

So, we know who rebuilt London. Now if we could just solve the puzzle of Samuel Pepys’ diary and David Macpherson.

Trade Has Enriched Our World for Centuries

The People’s Republic of China in 1993 celebrated Marco Polo’s contributions with a commemorative 500 Yuán coin. This gold Proof sold for $52,875 at a January 2014 auction.

By Jim O’Neal

As campaign rhetoric on trade continues to be a hot topic, it may be time to review some history.

Venetian merchant Marco Polo’s arrival in 1275 at Shangdu, the capital of the Great Kublai Khan, marked the end of a four-year journey. He had traveled from Italy to the Mongol capital along the length of the Silk Road. This was an ancient network of routes that carried precious goods between China and Europe for centuries.

The Silk Road had first become a conduit for trade when the Chinese Han Dynasty pushed into Central Asia in the late 2nd century. From then on, goods like jade and silk were carried west, passed from caravan to caravan by a series of merchants who met caravans of furs, gold and horses traveling in the opposite direction. Chinese inventions like gunpowder, paper and magnetic compasses were also brought west on this route, arriving at Constantinople and the Black Sea ports.

By the 13th century, sections of the Silk Road had become less safe. However, following the Mongol conquest, the Great Kublai Khan stabilized it so a merchant could travel from Khanbalik (Beijing) to Baghdad safely. Italian city-states such as Pisa, Genoa and Venice also pioneered maritime trade across the eastern Mediterranean, which enabled merchants to connect directly with sea routes that linked West Asia and Egypt to China via the Indian Ocean.

The profits for merchants taking advantage of Pax Mongolica (peace in Eurasia) could be enormous. The costs to ship might amount to 3,500 Florins, but the cargo sold could yield seven times that. By 1326, Genoese traders were a common sight in the principal Chinese port of Zaitun.

The Silk Road flourished for another century, but the 1335 collapse of the Mongols in Persia and overthrow of the Yuan in 1368 blocked European traders at the western end by the growth of the Muslim Ottoman Empire. But the taste of profits was too intense and that’s when Portuguese sailors took over, eager to trade directly with China via the sea alternative to the defunct Silk Road.

Marco Polo (1254-1324) stayed in China for 17 years, traveling extensively in the Khan’s service, before returning to Venice, where he lived the rest of his life. Few people from this era are familiar to modern society, but last night I saw a TV commercial with a group of kids in a swimming pool playing with Marco.

It is sometimes humorous to listen to various people debating trade, but they are victims of the WTO/NAFTA/TPP/currency manipulation myths and generally unaware of the rich history of world trade and just how sophisticated our trading partners really are.

Hitler Used Unrest to Decimate Rivals, Set Europe On Path to War

By 1941, Adolf Hitler (“The Mad Merchant of Hate”) and his Axis allies occupied most of Europe and North Africa. This copy of *Daredevil Comics* #1 (Lev Gleason, 1941) sold for $41,825 at an August 2007 Heritage auction.

By Jim O’Neal

On June 28, 1919 – exactly five years after Gavrilo Princip assassinated Archduke Franz Ferdinand – Germany reluctantly signed the Treaty of Versailles that ended their participation in World War I. The terms of the treaty were so punitive that the German people were stunned. After all, the treaty had been signed without any of their borders being crossed and many believed the army had been betrayed by politicians. There was even talk of restarting the war as crowds demonstrated in the streets.

The treaty was a long, extensive document that included extraordinarily high reparations (the “War Guilt” clause) covering everything from lost farmland to veteran pensions and anything in between. The French were especially eager to punish the Germans since over 1 million Frenchmen had been killed, mostly within their country. However, the Allies were also vindictive and determined to render Germany incapable of ever starting another war.

The German delegation had attempted to mitigate the harsh terms with a 400-plus page counter-proposal, but it was a futile effort and they were forced to accept the Allies’ conditions verbatim. What had been intended to cease all hostilities, ironically, merely extended them by the crushing burden imposed on the German people.

The implications turned out to be significant.

For the next two to three decades, Germans harbored deep resentment over such an unfair agreement and were susceptible to radical ideas for revenge. Further, the slowing European economies made everyday life difficult for broad swaths of people everywhere. Extremist fascist and communist ideologies seemed to offer solutions to national problems in Spain, Italy and Russia.

The National Socialist (or Nazi) Party was founded in Germany with racism as a formal guiding principle. The gradual disintegration of formal government structures cleared the way for Adolf Hitler to become chancellor. In 1933, when fire broke out at the Reichstag – the German parliament building – Hitler claimed it was a communist plot. This was all he needed as an excuse to decimate his rivals, assume an absolute dictatorship and set Europe back on the path to war.

However, it was the seeds that were planted in the Hall of Mirrors at Versailles that sprouted into the conflagration that would become another war. Sadly, the whole world again would join the war, and we still bear the scars of our involvement.

William Tecumseh Sherman was right when he declared that war is hell, a lesson that every generation seems to need to learn for themselves.

1824 Presidential Election Among Strangest in History

Henry Clay was among the presidential candidates in 1824. This folk art campaign portrait of Clay sold for $9,375 in May 2016.

By Jim O’Neal

The 12th Amendment to the U.S. Constitution was added to clear up some fuzzy rules for presidential elections that popped up in both 1796 and 1800.

In addition to requiring separate votes for president and vice president, it added procedures for the House of Representatives if no candidate received a majority of votes. The Amendment was proposed by Congress in 1803 and then ratified by the requisite three-fourths of states in June 1804. It was easier to gain consensus in those early days.

For the next 20 years, things went smoothly as Virginians continued to occupy the White House. Presidents Thomas Jefferson, James Madison and James Monroe all served two terms with no controversies, at least regarding elections.

Then came 1824.

To begin, all the candidates were from the same party … the Democratic-Republican. Tennessee nominated Andrew Jackson (born in North Carolina). Kentucky chose Henry Clay. William Crawford got a nomination from Georgia, albeit from a splinter group. John C. Calhoun of South Carolina ignored state officials and nominated himself. And finally, John Quincy Adams (the eventual winner) was the conventional “favorite son” from Massachusetts following in his father’s footsteps.

Then the fun started.

First, Calhoun quickly realized he didn’t have broad support and withdrew from the presidential race. However, in a twist, he nominated himself for vice president for both Jackson and Adams, which ensured him a victory.

Crawford suffered a stroke, but remained in the race, finishing in third place. Adams finished a disappointing second in both the popular and electoral votes.

Jackson had the highest number of popular votes and ended up with the most electoral votes. However, since the votes were split four ways, he did not have a majority (more than 50 percent).

The new rules threw the election into the House of Representatives, except Clay was eliminated since only the three top electoral vote-getters were eligible for the runoff. A great controversy then erupted when Clay, who was Speaker of the House, switched Kentucky’s vote from Jackson to Adams, giving him the office … thus making Andrew Jackson the only person to win both the popular and electoral votes and lose the election.

Then John Q. Adams made Henry Clay the Secretary of State in what has become known as the infamous “corrupt bargain.” No proof has ever surfaced of this quid pro quo, but Andrew Jackson certainly believed it … so much so that he resigned from the Senate and spent the next three years plotting against Adams.

It apparently worked, since he vanquished JQA in 1828 and then won again in 1832.

If this year’s nominating process and campaigns seem to border on the bizarre, you would be right. Just consider how 1824 would compare if they had been cursed with 24/7 cable TV.