Are we capable of dealing with the daunting tasks that face us? Of course we are!

A 1776 broadside printing of the Declaration of Independence, written by Thomas Jefferson, sold for $514,000 at an April 2016 Heritage auction.

By Jim O’Neal

Two U.S. presidents have been elected by the House of Representatives. John Quincy Adams became the sixth president (1825) when his chief opponent, Andrew Jackson, failed to win a majority of the electoral votes in the 1824 election. The House held a special election to decide the winner. Supposedly, a “corrupt bargain” between Adams and House Speaker Henry Clay vaulted Clay into the Secretary of State position.

John C. Calhoun easily won the vice-presidential vote and he served four years under JQA. When Jackson bounced back and won in 1828, Calhoun continued as vice president for three more years. Then he resigned and made a run for the nomination in a new party: the Nullifiers … the second third party to form (the Anti-Masons were the first third party).

Earlier, in 1801, Thomas Jefferson had been elected by the House after he tied with Aaron Burr in the general election. However, it took 36 votes in the House to break the tie. Alexander Hamilton finally persuaded the electors from New York to vote for Jefferson since he was “the lesser of two evils.” Two years later, Burr exacted his revenge by killing Hamilton in a duel.

Thomas Jefferson, author of the Declaration of Independence, was Adams’ vice president for four years and then served two terms as president. He had hoped that the young nation would expand across North America, becoming a great agrarian society. Instead, great cities evolved out of necessity to accommodate the millions of immigrants fleeing to the new republic with its fabled “streets paved with gold.” In 1800, Jefferson famously wrote: “When great evils happen, I am in the habit of looking out for what good may arise from them as consolations to us. … The yellow fever will discourage the growth of great cities in our nation; and I view great cities as pestilential to the morals, the health and the liberties of man.” In Jefferson’s time, the epidemics that repeatedly swept through large cities were especially lethal.

One poignant example occurred in the summer of 1793 when a massive epidemic of yellow fever hit Philadelphia, the largest city in America and temporary capital of the United States. It was caused by the mosquitoes that flourished in the muddy swamps in the area. Yellow fever is an acute, infectious viral disease transmitted by the bite of an infected female.

This episode was responsible for 5,000 deaths, or 10% of the population. An even bigger disaster was averted when President George Washington moved the federal government and nearly 40% of the inhabitants followed. Another mitigating factor helped when a savvy group of doctors imposed a quarantine on all ships and refugees from Philadelphia. Special guards were posted to the wharfs to ensure compliance and citizens were warned not to let any strangers into their homes.

When yellow fever returned to NYC in 1795, they were better prepared with a health department. But in 1798, yellow fever killed 2,086 people (one in 30), or the equivalent of 289,000 in today’s terms. The battle continued during the entire 19th century with major outbreaks in Baltimore, Boston, New Orleans and other southern cities. Eventually, a vaccine was developed.

Thomas Jefferson was eager to obtain what would become part of the Louisiana Purchase when Spain ceded much of North America to France. He dispatched James Monroe and Robert Livingston to France with an offer to buy 40,000 square miles for $10 million. The offer was refused, but Napoleon subsequently made an astonishing counteroffer … 827,987 square miles for $15 million! The offer was quickly accepted since it provided significant benefits. First, safety for shipping on the Mississippi River … a doubling of the size of the entire United States and, mostly, acquisition of the largest, most fertile track of land on Earth. It was enough land to entice migration from the East all the way to the Pacific Ocean. With this vast new area, there would be no need to congest into cities.

However, industrial America developed rapidly as a nation, but cities grew even faster. Masses of immigrants poured into America and a vast population shifted from the country to the city. Between 1860 and 1900, the rural population had doubled, but the number of city-dwellers quadrupled! The city became the supreme achievement of modern industry, the center of civilization. It spread out, built tall skyscrapers, mechanized factories and provided all the goods and services needed for workers.

On the other side of the ledger were the evils: ghettos for the poor, suburbs for the middle-class, exclusive neighborhoods for the wealthy, and ethnic neighborhoods for the immigrants. The city offered hope and opportunity, but it also brought despair. Overwhelming social problems, diseases, poverty, crime and strife between businesses and exploited workers. So we’re left with a few problems to solve:

  • Rising oceans, melting polar caps, tornadic storms, raging forest fires
  • Partially filled office buildings and empty, closed-down malls
  • AI and robots replacing undereducated workers
  • Rising rates of inequality
  • Systemic racism
  • More complex viral diseases as we get deeper into dark spooky places
  • Telemedicine in place of doctors
  • Remote learning

Are we capable of dealing with these daunting tasks? Just think about poor George Washington who had to flee when every tenth person was dying. Of course we are, but if we give up in despair, someone (probably China) will assume the leadership role and, in the process, set the world’s agenda. Leaders lead … others follow.

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 chair and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Descent into vitriol began long before our lifetimes

A quarter-plate daguerreotype of President John Quincy Adams, taken at the Washington, D.C., studio of John Plumbe in 1846, sold for $31,250 at a December 2017 Heritage auction.

By Jim O’Neal

“The whole country is in a state of agitation upon the approaching presidential election such as was never before witnessed. … Not a week has passed within the last few months without a convocation of thousands of people to hear inflammatory harangues. Here is a revolution in the habits and manners of the people. Where will it end? These are party movements, and must in the natural progress of things become antagonistic … their manifest tendency is to civil war.”

If you guess this was 1964 when LBJ was set to defeat Barry Goldwater, you would be wrong. Or perhaps 1992 when Bill Clinton and Ross Perot were trying to unseat President George H.W. Bush? Sorry. You’re not even in the right century! We’re in a much earlier time, a time without 24/7 cable news and its insatiable appetite for divisive issues coupled with scores of political partisans eager to share their opinions. A time when you could not discern political bias by simply knowing the TV channel.

The year was 1840 when the Whigs were trying to oust President Martin Van Buren from the White House. It was a boisterous time and the speaker was ex-President John Quincy Adams (1767-1848). These words come from a concerned man, but then again, political speeches were more impassioned than we’ve ever heard in our lifetimes.

Eight years later, Congressman JQA, representing Massachusetts, rose in the House of Representatives to speak, but suddenly collapsed on his desk. He died two days later from the effects of a cerebral hemorrhage in the Speaker’s chambers. The public mourning that followed exceeded, by far, anything previously seen in America. Forgotten was his failed one-term presidency, routinely cold demeanor, cantankerous personality, and even the full extent of his remarkable public life.

For two days, the remains of our sixth president (and son of the second president) reposed in-state while an unprecedented line of thousands filed through the Capitol to view the bier. On Saturday, Feb. 25, funeral services began in the House. After all the speeches, and after a choir had sung, the body was escorted by a parade of public officials, military units and private citizens to the Congressional Cemetery. After the coffin remained in a temporary vault for several days, 30 members of Congress, one from each state, were ready to accompany it on the 500-mile railway journey to Boston. The train, with a black-draped special car, traveled for five days through a cloud of universal grief. The caravan stopped often to permit local ceremonies and citizens to stand in silent tribute.

Boston greeted his remains by exhibiting the insignia of mourning virtually everywhere. On March 12, every prominent politician in Massachusetts vied to join in escorting the casket to Quincy’s First Parish Church, where Pastor William Lunt delivered a moving sermon that ended with “Be thou faithful until death, and I will give thee a crown of life.” Later, Harvard President Edward Everett (of Gettysburg fame) eulogized JQA for two hours in the presence of the Massachusetts legislature, which had gathered in Faneuil Hall.

Only Abraham Lincoln’s death evoked a greater outpouring of national sorrow in the entire 19th century in America.

Eventually, JQA’s coffin was installed in a monumental enclosure with his mother Abigail to his right and his wife Louisa to his left. With the inclusion of his father, John Adams, it has become a national shrine; unique in America’s history since it marks the graves of two presidents of the United States and two First Ladies.

And what of the man who had been secretary of state and vice president for Andrew Jackson and was now trying to win another term as president? Martin Van Buren (1782-1862), the “Wizard of Kinderhook,” was surprisingly short at 5-6, and had been elected in 1836 when Jackson decided against a third term and threw his support to Van Buren.

The opposing Whigs were too divided to hold a national convention in 1836 since they couldn’t agree on a single candidate. Instead, they adopted a clever plan to support regional favorite sons with the hope they could deny Van Buren an electoral victory, force the election into the House of Representatives (as in 1824) and then unite behind a single Whig candidate to secede Jackson. The anti-Van Buren press was vitriolic and the New York American called him “illiterate, sycophant and politically corrupt.”

Van Buren remained implacable and on election day racked up 764,195 votes (50.9 percent) and his three Whig opponents were left to carve up the remainder. New York power broker and publisher Thurlow Weed summed it up succinctly: “We are to be cursed with Van Buren for president.”

However, on May 10, 1837 – only two months after the new president took office – prominent banks in New York started refusing to convert paper money into gold or silver. Other financial institutions, also running low on hard currency, followed suit. The financial crisis became the Panic of 1837. This was followed by a five-year depression that forced bank closures, economic malaise and record unemployment. Now flash forward to 1840, when Van Buren easily won re-nomination at the Democratic National Convention despite the economic woes. But the government was also mired down with major divisive issues: slavery, westward expansion, tension with Great Britain. Van Buren had not recognized what James Carville would memorialize 150 years later: “It’s the economy stupid!”

Other financial panics would continue to plague the country periodically until 1913, when President Woodrow Wilson signed the Federal Reserve Act. These wizards can create money out of thin air by using an electronic switch that coverts ions into gizmos that people will buy with money that is guaranteed by the federal government.

What’s in your wallet?

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 chair and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Another milestone in American history just a few months away

This 1840 Silk Campaign Flag for William Henry Harrison realized $87,500 at a June 2018 Heritage auction.

By Jim O’Neal

Every four years, Americans get an opportunity to choose who will be president of the United States. To vote, people must be citizens, 18 years old and registered to vote. The actual direct voting is by delegates to an Electoral College, generally representing the Republican or Democratic political parties. Since 1789, 44 different men have occupied the Oval Office and Donald Trump is the 45th. Grover Cleveland accounts for the difference since he was elected twice, once in 1884 (#22) and again in 1892 (#24); he is the only president to serve two non-consecutive terms.

Of these 44 presidents, there is only one African-American and no women. One … John Quincy Adams … was selected by the House of Representatives in 1824 when none of the candidates received a majority of votes. In this century, George W. Bush and Donald Trump lost the popular vote, but had more votes in the Electoral College. Al Gore and Hillary Clinton placed second. Four of the presidents died in office and four were assassinated.

The first to die was William Henry Harrison in 1841 after serving only 31 days. John Tyler became the first vice president to assume the presidency without an election. To preclude any Constitutional uncertainty, Tyler immediately took the oath of office, moved into the White House and assumed full presidential powers. His political opponents argued (unsuccessfully) that he should be “acting president” until a new election was held. One president (Richard Nixon) resigned to avoid a trial in the Senate after the House of Representatives voted to impeach on three articles; he was virtually assured of conviction.

Each time, the nation withstood the shock of an unanticipated change and a safe transition was managed, almost routinely.

It is quite instructive to broadly categorize the men who have served in this office by analyzing their relationship with the people and the development of the nation. There are interesting correlations with the evolving role and power of the chief executive as the Union became more geographically diverse and ever-expanding. At times, it is arbitrary as the changes were often contentious, but society has flourished despite political discord. A few examples are all that space allows, but the story keeps getting more complex.

First consider the first five, from George Washington to James Monroe … both two-term presidents from Virginia (as were Thomas Jefferson and James Madison). Washington was elected unanimously twice, something Monroe nearly matched until one vote was cast to preserve GW’s record. Monroe served in the “Era of Good Feelings,” a time of harmony never to be replicated. These five presidents are easily labelled as “formative” in every sense of the word. There were few precedents to follow and the Constitution was uselessly vague on specifics.

Washington (1789-97) chose to meet primarily with the upper elite of society (eschewing the common man) and even assiduously avoiding shaking hands. He rode in a yellow chariot decorated with gilded cupids and his Coat of Arms. His executive mansion was staffed with 14 white servants and seven slaves. A different man might have easily assumed the role as king, irrespective of the war for independence. After all, that action was against King George III, the greedy British Parliament and taxation without representation. Further, he had been elected by a small group of mature (older) white men – and exclusively landowners, who numbered 6 percent of the total population.

Washington was acutely aware of the precedents he was setting and their historical importance. In 1789, he appeared before the Senate and presented an Indian treaty for approval. When the Senate decided to study it before approval, Washington huffed out after vowing to never appear before Congress again. It was a vow he kept. Similarly, when he refused to comply with a Congressional demand for his papers on the controversial Jay Treaty, he reminded Congress that the Constitution did not require their approval! Thus were the roots of executive privilege established.

When Washington declined a third term in 1796, George III famously declared, “If he does that, he will be the greatest man in the world.” He did and it was a precedent that spanned 144 years until Franklin Delano Roosevelt declared for the presidency a third time in 1940 (and won). From 1932 – with the Great Depression, the New Deal and the Second World War on the horizon – FDR had subsumed the federal government. To the common man, he epitomized the American landscape totally.

Other vivid examples include Jacksonian Democracy for the common man … the War with Mexico and the Western expansion of Manifest Destiny … Lincoln, his generals and the Civil War … Reconstruction without Lincoln’s wisdom … the Great War machine in the 20th century and the Cold War.

In a few months, we may have a chance to witness an inflection point in American history as another generation goes to the ballot box and votes. This time, voters will include women, blacks, Latinos, American Indians and Asians.

I plan to enjoy it.

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 chair and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Jackson arrived in D.C. and proceeded to upset the apple cart

A rare Andrew Jackson “pewter rim,” most likely dating to the War of 1812 and celebrating its heroes, sold for $20,000 at a June 2015 Heritage auction.

By Jim O’Neal

Andrew Jackson, the seventh president of the United States, was ready to go home. After serving eight years, he rejoiced that his vice president would succeed him. Occasionally, Jackson had considered resigning to ensure a smooth transition and, more importantly, a continuation of Jacksonianism. VP Martin Van Buren had consistently opposed this and finally “Old Hickory” dropped the idea. The president’s health was failing and many descriptions painted a picture of an old man (he was 70 years old and frail).

Eight years earlier, the president-elect had slipped into Washington, D.C. A welcoming salute had been cancelled since counting the electoral votes was still before Congress. Four years before (1825), Jackson had been denied the presidency despite winning a plurality of popular and electoral votes. Absent a majority of electoral votes, the election had been decided by the House of Representatives in accordance with the 12th Amendment. They chose John Quincy Adams.

Now, while waiting for the final count, Jackson was in deep mourning over the death of Mrs. Jackson a few days before Christmas. The cause was deep depression followed by a heart attack. A bitter controversy had erupted during the campaign when political enemies charged their marriage was bigamous. Rachel Donelson Jackson was mortified to learn a divorce was in question from a prior marriage. Winning the presidency had magnified the embarrassment and she cried out to friends, “I would rather be a doorkeeper in the house of God than live in that palace in Washington.”

So began a new era in American politics as a strident, partisan president took office still seeking revenge. The new president was obsessed with attacking all special interest groups and their corrupt influence on Congress. Under his leadership, Democrats became the party of the common man. The mantle of populism rested easily on his shoulders and Washington politics would be transformed for an entire generation. The two-party system was now dominant as Democrats and Whigs shared power until the 1860 election.

The turbulence of AJ’s life carried over into the presidency as he defined his policies, not by enacting legislation, but by defiantly thwarting it! He vetoed more bills than the combined total of all six of his predecessors. He was a man in a hurry and Cabinet members either followed his orders or they were quickly dispatched. As an example, the national debt was $58 million when he assumed office in 1829 and by Jan. 1, 1835, it had totally been eliminated (for the first and ONLY time to this day).

Nothing was sacred from his reform crusade and that especially included the Bank of the United States (BUS). The original BUS was created by Alexander Hamilton in 1791 to get the new government operating despite heavy debts from the War of Independence. The bank had been chartered for 20 years with the expectation the charter would be renewed. A successor BUS was founded in 1816, again with another 20-year quasi-monopoly. Jackson believed the bank was unconstitutional (as had Jefferson). Jackson surprised everyone by attacking the bank in his very first message to Congress.

He then promptly vetoed the bill to renew the charter in 1836 by saying, “It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes.”

However, since the bank charter wouldn’t expire until 1836, Jackson decided not to wait. He ordered his Treasury Secretary, William Duane, to withdraw all government funds from the bank and deposit them with state charted banks. Congress had just legislated against this and Secretary Duane refused Jackson’s edict. The president simply fired him and transferred Attorney General Roger Taney into the Treasury job. The Senate, now controlled by Whigs, was furious and refused to approve Taney’s nomination. But they were too slow and the damage was already complete.

Totally frustrated, in March 1834 the Senate adopted a resolution of censure of Jackson, charging him with “assuming authority and power not conferred by the Constitution and laws, but in derogation of both.” It was viewed as an impeachment, but without the Constitutional process.

The Whigs responded, “The resolution, then, was in substance an impeachment of the president, and in passage amounts to a declaration by the majority of the Senate that he is guilty of an impeachable offence. As such, it is spread upon the journals of the Senate, published to the nation and to the world, made part of our enduring archives, and incorporated in the history of the age.”

That enduring “history of the age” lasted less than three years. In January 1837, Democrats, back in control of the Senate, voted to expunge the censure resolution, writing boldly across the original record, “EXPUNGED BY ORDER OF THE SENATE THIS 16TH DAY OF JANUARY, IN THE YEAR OF OUR LORD, 1837.”

Amen.

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 chair and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Who will continue the story of the greatest country in history?

The myth of George Washington chopping down a cherry tree appears on this tin mechanical badge, which dates to 1889.

By Jim O’Neal

It is always a pleasant surprise to discover an obscure name that has been lost in the sands of America’s history. Charles Thomson (1729-1824) falls into that category. He was Secretary of the Continental Congress from 1774 continuously until the U.S. Constitution was firmly in place and the bi-cameral government was functioning in 1789.

He was also the only non-delegate to actually sign the Declaration of Independence. A surprisingly active participant in the Revolutionary War, he wrote a 1,000-page manuscript on the politics of the times. It included the formation of the Continental Congress and a daily recap of speeches and debates right up to the agreement to go forward. In concept, it was a remarkable, contemporary record that is unique (except for notes James Madison complied). The public was not allowed to even attend the meetings in Philadelphia.

Alas, Thomson’s manuscript was never published since he destroyed it. Purportedly, it was because he wanted to preserve the reputations of these heroes and assumed that others would write about these historic times. The obvious implication is that his candid verbatim notes might tarnish some of his fellow colleagues. Thomson receives credit for helping design the Great Seal of the United States and since he personally chose what to include in the official journal of the Continental Congress, we’re left to wonder what he omitted or later burned … another example of why history is normally not considered precisely correct.

Charles Thomson

As Secretary of the Congress, Thomson personally rode to Mount Vernon, Va., and delivered the news to George Washington that he had been elected president of the United States. He told Washington that Congress was delighted he’d agreed “to sacrifice domestic ease and private enjoyments to preserve the happiness of your country.” Washington, in turn, said he couldn’t promise to be a great president, but could promise only “that which can be done by honest zeal.”

Political pundits opine that the office of the president was perfectly suited for George Washington, especially during the early formative years of the nation. A well-known hero in the fight for independence, he was a national leader who gained power without compromising himself or his principles. Absent the burden of a political party, he could have easily assumed the kind of monarchical power the nation had fought against. But, like his hero Cincinnatus, he had laid down his sword and returned to the plow. Clearly, this was a case of the office seeking the man as opposed to the reverse.

Washington truly did not aspire to the presidency – perhaps unique compared to all the men who followed. In his own words, he considered those eight years a personal sacrifice. In that era, land was the ultimate symbol of wealth and prestige. Through inheritance, he had acquired Mount Vernon and roughly 2,000 acres. That was not close to satisfying his ambitions and he spent much of his private life in a search of more … much more!

Historian John Clark called him an “inveterate land-grabber” and there’s plenty of evidence to support the claim. In 1767, he grabbed land set aside for Indians by the Crown by telling the surveyor to keep it a secret. This was followed by another 20,000 acres designated for soldiers in the French and Indian War. Washington arranged for officers to participate and then bought the land after telling the solders it was hilly, scrubby acreage. Washington would later boast that he had received “the cream of the country.”

Most biographies have been consistent in pointing out that land may have been a prime factor in his decision to court the widow Martha Parke Custis. They invariably point to his strong affection for Sally Fairfax, but she was his best friend’s wife. Martha was not without attraction. As one of the richest widows in North America, her marriage to George resulted in a windfall since what was hers became his. In addition to nearly 100 slaves, her 6,000 acres made George a very rich man. Details of their relationship are not available since Martha burned their love letters after his death.

However, since slaves over 12 were taxed, there are public records. During the first year of their marriage (he was 26 and she was 28), he acquired 13 slaves, then another 42 between 1761 and 1773. From tax records, we know he personally owned 56 slaves in 1761 … 62 in 1762 … 78 in 1765 … and 87 in the 1770s. Washington, Jefferson, Madison and most Virginia planters openly acknowledged the immorality of slavery, while confessing an inability to abolish it without financial ruin.

Washington had a reputation for tirelessly providing medical treatment for his slaves. But, was it for regard of property or more humane considerations? I suspect the answer lies somewhere in between.

As the first president, the paramount issue – among the many priorities of his first term – was to resolve the new government’s crushing debt. In 1790, the debt was estimated at $42 million. It was owed to common citizens of modest means and to thousands of Revolutionary War veterans whose IOUs had never been redeemed as stipulated by the Articles of Confederation. The war pension certificates they held had declined dramatically by 15 to 20 percent of face value.

Raising taxes was too risky and states might rebel. Ignore the debt, as had been the custom for several years, and the federal government risked its already weak reputation. The new president had to turn to his Cabinet for advice. He had an excellent eye for talent and the brilliant Alexander Hamilton was Treasury Secretary. He quickly formed a plan to create a new Bank of the United States (BUS). Since the bank would be backed by the federal government, people would feel safer about lending money and, as creditors, they would have a stake in both the bank and the government. Although Thomas Jefferson opposed the BUS, Washington prevailed in Congress.

Washington was re-elected four years later, again with a unanimous vote in the Electoral College. The first popular voting would not occur until 1824 and since that time, five presidential candidates have been elected despite losing the popular vote: John Quincy Adams (1824), Rutherford Hayes (1876), Benjamin Harrison (1888), George W. Bush (2000), and Donald J. Trump (2016).

It’s not easy starting a new country. There were no cherry trees to chop down as Parson Weems’ story describes. George Washington did not throw a silver dollar across the Rappahannock River. These are all fairy tales that grew over time. Yes, George Washington owned slaves and told a lie now and then. He was obsessed with land at one time. But, when it came to crunch time, he stepped up and committed eight years of his life to his country.

The big question now seems to be where we’ll find another man or woman to continue the story of the greatest country in history?

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 chair and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Eliminating national debt will require a bit of financial wizardry

An intimate and honest letter by John Adams to Vice President Elbridge Gerry, dated April 26, 1813, sold for $46,875 at an October 2014 Heritage auction.

By Jim O’Neal

President James Madison set the rather dubious record of having both of his vice presidents die in office. George Clinton went first on April 20, 1812. Clinton also set a record as the first person to lie in state at the Capitol. However, it was for only two hours pending finalization of his burial services.

Then Vice President Elbridge Gerry died on Nov. 23, 1814, during Madison’s second term as president. Gerry’s name is still in common use today … “gerrymandering” is a way to draw voting districts to favor a candidate or political party. Gerry also holds the distinction of being the sole signer of the Declaration of Independence to be buried in the nation’s capital. He is interned at the Congressional Cemetery, which is the only “cemetery of national memory” founded before the Civil War. Although it is privately owned, the federal government has 806 plots that are used for ex-members of importance.

Neither VPs Clinton nor Gerry were replaced, since the Constitution at the time did not have a provision for filling a vice presidential vacancy. If a VP died, the job was held open pending the next election. Congress finally got around to addressing this in 1967 with the ratification of the 25th Amendment. In the aftermath of President John F. Kennedy’s assassination, the 25th provides the specific procedures for replacing the president or vice president in the event of death, removal, resignation or incapacitation (better late than never!).

Clinton had earlier served as Thomas Jefferson’s second vice president (Aaron Burr was the first) and was one of two vice presidents who served under two different presidents. John C. Calhoun was the other to have this iffy honor.

Calhoun was VP for John Quincy Adams and then Adams’ successor, Andrew Jackson. Calhoun then resigned the vice presidency to become a senator from South Carolina. The South Carolina legislature had voted to nullify federal tariff laws and threatened to secede from the Union if the issue was not resolved. Calhoun, ever the politician, thought the tariff issue could best be resolved by Congress and he thought he would be of more help to South Carolina as a senator.

However, Jackson began mobilizing federal troops to send to Charleston and made headlines by stating he would hang Calhoun if South Carolina went ahead with their threat to secede from the Union. In December 1832, Jackson issued a “Proclamation on Nullification,” warning that disunion by force was treason! Recall that this was nearly 30 years before the Civil War started.

President Jackson remained steadfast on federal tariffs. First, he was adamant that the Constitution trumped states’ rights. Asked if he had a message to those who threatened to secede, he replied: “Yes, give them my compliments and say that if a single drop of blood is shed in opposition to the laws of the United States, I will hang the first man upon the first tree I can reach!”

Secondly, he knew the federal tariffs were critical to his firm pledge to pay off the national debt. Remarkably, Jackson made good on his promise to eliminate the national debt. On Jan. 8, 1835, the federal government paid off 100 percent of the national debt … the first time in the history of the country. Fittingly, it was the 20th anniversary of the Battle of New Orleans. The following year, an even more astonishing event occurred. President Jackson approved returning surplus treasury funds to individual states.

With the current national debt at more than $22 trillion, and another $100 trillion in liabilities (Social Security and Medicare), I suspect zero national debt will require a degree of financial wizardry not seen since Bernie Madoff was reluctantly letting people give him their money to invest.

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 chair and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

As delegates hissed, Martin Van Buren became his party’s presidential nominee

Five miniature portraits of George Washington, John Adams, Thomas Jefferson, James Madison and Martin Van Buren, likely produced in Europe during Van Buren’s presidency, sold for $14,340 at a May 2012 Heritage auction.

By Jim O’Neal

Andrew Jackson had been denied the presidency in the election of 1824, despite winning most of the popular votes and electoral votes. In situations where a political candidate did not secure a majority, the House of Representatives decided which of the top three candidates (by vote totals) would become president. The top three in 1824 were Jackson, John Quincy Adams and William Crawford. Henry Clay had finished fourth and was dropped from consideration.

The House then voted and picked Adams for president and he subsequently appointed Clay to be Secretary of State. Critics claimed that Clay had persuaded the House to vote for Adams in a secret quid pro quo for the Cabinet position. The dispute became notorious and was dubbed “the Corrupt Bargain” by Jackson supporters.

However, Jackson bounced back four years later and soundly defeated JQA for the presidency. This was the second time an incumbent president had been defeated. Thomas Jefferson had defeated President John Adams in the election of 1800. Both Adamses, father and son, were bitter about their defeats, and the “Era of Good Feelings” that existed for eight years (1817-1825) under President James Monroe came to an abrupt end. The deterioration into partisan politics was precisely what George Washington had warned about if political parties were allowed to flourish. He was a man wise beyond his years, as we know so well today.

After Jackson served two tumultuous terms (1829-1837), the Hero of New Orleans was tired and ready to go home. He had abandoned the idea of a third term and even seriously considered an early retirement that would allow close friend and adviser Vice President Martin Van Buren to assume the presidency. This would help ensure a peaceful continuation of Jacksonianism and put Van Buren in a strong place for the 1836 election. Van Buren consistently opposed this and finally the idea was dropped. Jackson would patiently wait for the end of his term.

However, earlier in 1835, Jackson had strongly urged party leaders to hold a national convention composed of delegates “fresh from the people” to pick the nominees. He made no secret of his personal preferences: Martin Van Buren for president and Col. Richard Johnson of Kentucky for vice president. This was not a popular choice, especially in the South, where many considered Van Buren a slick New York politician and Johnson worse … much worse. Johnson was anathema to Southerners. His common-law wife was a black woman and they had two children, which Johnson openly acknowledged.

To others, the “Van Buren Convention” was a farce. They complained that several states didn’t send delegates and others sent too many. They singled out Tennessee, which didn’t have delegates, but simply found a merchant from Tennessee who was in Baltimore on business at the time, quickly admitted him to the convention and allowed him to cast all 15 Tennessee votes for Van Buren and Johnson. His name was Edward Rucker and “ruckerize” (assuming a position or function without credentials) entered the jargon as a pejorative with an easy definition. Eventually, Van Buren and Johnson were selected as the Democratic-Republican Party ticket, with the delegates from Virginia hissing as they walked out of the convention.

Van Buren’s opposition in 1836 was composed of various anti-Jackson parties that had formed a new party called the Whigs. The old English Whigs had fought against royal despotism, and the American Whigs were dedicated to fighting “King Andrew the 1st.” They were too dispersed to hold a national meeting, so they simply nominated regional favorite sons: Daniel Webster (New England), Senator Hugh White (South) and General William Henry Harrison (West). Their hope was to divide the electoral vote, deny Van Buren the majority and have the election settled in the House as in 1824.

The strategy failed as Van Buren got almost 51 percent of the vote and was elected president. Richard Johnson had a tougher time. Twenty-three of the Virginia delegates refused to vote for him as “faithless electors” and he was one vote short of the 148 requirements. This time, the VP election was tossed to the Senate and for the only time in history, the Senate elected the vice president of the United States, 34 to 16.

Concurrently, word was received in Washington that Sam Houston had taken the president of Mexico as a prisoner, and Texas was applying for annexation as a state. Jackson was hesitant to accept a new state over the slavery issue. However, on the last day of his term of office, he recognized Texas independence – setting the stage for future annexation. Two days later, after handing over the reins of government to now-President Martin Van Buren, he left Washington by train to return to his beloved Hermitage.

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 chair and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Here’s why DeWitt Clinton had real nerve, visionary leadership

This DeWitt Clinton memorial pewter rim went to auction in February 2018.

By Jim O’Neal

If you’re not weary yet of presidential politics, hold on. Bill and Hil Clinton are on a 13-city speaking tour using a conversational format followed by a Q&A session. They are most likely eyeing 2020 as yet another chance to move into a big white house in the 1600 block of Pennsylvania Avenue in Washington, D.C. The current occupants do not seem to have a good chance of making it two more years, but next in line is a family named Pence.

The name “Clinton” was also prominent in Washington, D.C., and NYC during the 18th and 19th centuries, and perhaps even more pervasively. George Clinton (1739-1812) is generally considered a Founding Father as he participated in the French and Indian War and was a brigadier general in the Continental Army. He was also a delegate to the Continental Congress in 1776, but opposed adoption of the U.S. Constitution. Like Samuel Adams, he finally relented when the Bill of Rights was added.

He then turned to politics and in 1777 was elected (concurrently) to become lieutenant governor and governor of New York. In the second presidential election in 1792, he came in third behind George Washington and John Adams, but ahead of Thomas Jefferson and Aaron Burr. Clinton served four more years as governor of New York and held the record for longest-serving governor (21 years) until it was broken in December 2015 by Terry Branstad of Iowa. Branstad is now the U.S. Ambassador to China.

George Clinton then served as vice president for Thomas Jefferson in his second term (1805-1809) after Jefferson dropped Aaron Burr (presumably because he killed Alexander Hamilton in a duel in 1804). Clinton then served as vice president for James Madison until Clinton’s death in 1812. This was the first time the office of vice president was vacant and also the first time a VP served for two different presidents. Later, John C. Calhoun would serve as vice president for two different presidents (John Quincy Adams and Andrew Jackson) as he unsuccessfully tried to position himself for the top spot.

However, we are more interested in George Clinton’s nephew, DeWitt Clinton (1769-1828), who challenged James Madison for the presidency in 1812. DeWitt was a U.S. Senator from New York, mayor of NYC, and the sixth governor of New York. It was during his time as governor that he made his mark on history.

At the time, the great American rivers on the Eastern seaboard – like the Hudson, Delaware and Connecticut – were woefully underutilized for transportation or commerce. The primary modes for river transportation were limited to the currents, wind, various animals or one’s own feet. And, of course, going upstream against the currents was difficult and essentially impractical. But there were exciting things going on in Europe that would help transform the United States.

James Watt’s coal-fired steam engines were powering the spinning machines that transformed cotton into high-grade cloth. The cost was so low that the material could be shipped all the way to India and still be cheaper than local hand looms. Since England was sitting on huge supplies of coal and the coalmines could use the abundance of labor, it was a near-perfect situation. The remarkable Industrial Revolution was in full swing, transforming a nation of shopkeepers into a modern nation. The same near-perfect balance occurred in steel production following Henry Bessemer’s technique that obsoleted iron.

Attaching a steam engine to a boat was the next big thing and America’s ingenuity took over. By 1807, an American who had spent most of his life in England and France decided to return to America and tackle this obvious opportunity. Robert Fulton’s boat, the North River Steamboat, was 133 feet long with a tonnage of 160. It literally dwarfed all other experimental steamboats and was ready for a trial run to Albany.

Most skeptics believed Fulton would not be able to ever move 1 mile per hour or be of any utility. With smoke plumes marking its progress, the North River headed north on the Hudson. It arrived in Albany in 32 hours, averaging nearly 5 mph … upstream. On the return, it was back in a mere 30 hours. Vindicated, Fulton predicted it would soon be providing quick and cheap conveyance on the Mississippi, Missouri and others. He was right, as the Mississippi, Ohio and every other major river would soon have steamboats churning up and down their waters.

Even as steam had conquered America’s rivers, other geographic features limited commerce. Mountains were near impossible, and flat lands required the considerable exertion of horses, oxen and people. Land-based commerce – which was rapidly becoming the major activity – was both limited and expensive. One solution was canals and that’s where Governor DeWitt Clinton re-enters the picture. He personally championed the Erie Canal when others (including Thomas Jefferson) thought the idea was “little short of madness.”

Thanks to Clinton’s unwavering efforts to overcome all objections, on July 4, 1817, construction began on a 363-mile canal that was dug all the way from Lake Erie to Albany, N.Y. … blasting its way through mountains with powder from E.I. Du Pont de Nemours;  the powder was DuPont’s only product for the company’s first 60 years of its existence. It took eight years and a budget of $6 million, raised from bonds from the public rather than squabbling with state bean counters. It was a lot of money; for perspective, the entire federal government budget for 1811 was $8 million. So hats off to a Clinton with real nerve, perspective and the kind of leadership vision that built this nation.

As an aside, today the federal government spends $8 million every 56 seconds. Maybe that’s why we have bridges that crumble, airports that lag third-world countries and we owe someone $22 trillion.

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 chair and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

John Adams saw the White House as a home for ‘honest and wise men’

A vintage creamware punch bowl, commemorating “John Adams President of the United States,” sold for $15,535 at a March 2008 Heritage auction.

By Jim O’Neal

As the states prepared for the first presidential election under the new Constitution, it was clear that George Washington was the overwhelming favorite to become the first president of the United States.

Under the rules, each state would cast two votes and at the February 1789 Electoral College, all 69 Electors cast one of their votes for Washington, making him the unanimous choice of 10 states. Two of the original Colonies (North Carolina and Rhode Island) had not yet ratified the Constitution, and New York had an internal dispute and did not chose Electors in time to participate. Eleven other men received a total of 69 votes, with John Adams topping the list with 34 votes, slightly less than 50 percent. He became the first vice president.

Four years later, there were 15 states (Vermont and Kentucky) and the Electoral College increased to 132 Electors. Again, Washington was elected president unanimously, with 132 votes. Adams was also re-elected with 77 votes, besting George Clinton, Thomas Jefferson and Aaron Burr. All three of the runner-ups would later become vice presidents, with Clinton serving a term for two different presidents (Jefferson and Madison). Jefferson had cleverly picked Clinton as his VP due to his age, correctly assuming Clinton would be too old to secede him … thus ensuring that Secretary of State James Madison would be the logical choice. Clinton would actually be the first VP to die in office.

John Adams

Two-time Vice President John Adams would finally win the presidency on his third try after Washington decided not to seek a third term in 1796. Still, Adams barely squeaked by, defeating Jefferson 71-68. Jefferson would become vice president after finishing second. It was during the Adams presidency that the federal government would make its final move to the South after residing first in New York City and then Philadelphia.

This relocation was enabled by the 1790 Residence Act, a compromise that was brokered by Jefferson with Alexander Hamilton and James Madison, with the proviso that the federal government assume all remaining state debts from the Revolutionary War. In addition to specifying the Potomac River area as the permanent seat of the government, it further authorized the president to select the exact spot and allowed a 10-year window for completion.

Washington rather eagerly agreed to assume this responsibility and launched into it with zeal. He personally selected the exact spot, despite expert advice against it. He even set the stakes for the foundation himself and carefully supervised the myriad details involved during actual construction. When the stone walls were rising, everyone on the project assembled, laid the cornerstone and affixed an engraved plate. Once in the mortar, the plate sank and has never been located since. An effort was made to find it on the 200th anniversary in 1992. All the old maps were pored over and the area was X-rayed … all to no avail. It remained undetected.

The project was completed on time and with Washington in his grave for 10 months, plans were made to relocate the White House from Philadelphia. The first resident, President John Adams, entered the President’s House at 1 p.m. on Nov. 1, 1800. It was the 24th year of American independence and three weeks later, he would deliver his fourth State of the Union address to a joint session of Congress. It was the last annual message delivered personally for 113 years. Thomas Jefferson discontinued the practice and it was not revived until 1913 (by Woodrow Wilson). With the advent of radio, followed by television, it was just too tempting for any succeeding presidents to pass up the opportunity.

John Adams was a fifth-generation American. He followed his father to Harvard and dabbled in teaching before becoming a lawyer. His most well-known case was defending the British Captain and eight soldiers involved in the Boston Massacre on March 5, 1770. He was not involved in the Boston Tea Party, but rejoiced since he suspected it would inevitably lead to the convening of the First Continental Congress in Philadelphia in 1774.

He married Abigail Smith … the first woman married to a president who also had a son become president. Unlike Barbara Bush, she died 10 years before John Quincy Adams actually became president in 1825. Both father and son served only one term. Abigail had not yet joined the president at the White House, but the next morning he sent her a letter with a benediction for their new home: “I pray heaven to bestow the best blessing on this house and on all that shall hereafter inhabit it. May none but honest and wise men ever rule under this roof.” Franklin D. Roosevelt was so taken with it that he had it carved into the State Dining Room mantle in 1945.

Amen.

JIM O’NEAL is an avid collector and history buff. He is president and CEO of Frito-Lay International [retired] and earlier served as chair and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].

Here’s Why We Owe a Lot to Second President John Adams

An 1805 oil-on-canvas portrait of John Adams attributed to William Dunlap sold for $35,000 at a May 2017 Heritage auction.

By Jim O’Neal

John Adams had the misfortune of being squeezed into the presidency of the United States (for a single term) between George Washington and Thomas Jefferson, two of the most famous presidents of all time. As a result, Adams (1735-1826) was often overlooked as one of America’s greatest statesmen and perhaps the most learned and penetrating thinker of his time. The importance of his role in the founding of America was noted by Richard Stockton, a delegate to the Continental Congress: “The man to whom the country is most indebted for the great measure of independence. … I call him the Atlas of American Independence.”

On the way to that independence, his participation started as early as 1761 when he assisted James Otis in defending Boston merchants against Britain’s enforcement of the Sugar Tax. When the American Revolution ended, Adams played a key role in the peace treaty that formally ended the war in 1783. In between those two bookends, he wrote many of the most significant essays and treatises, led the radical movement in Boston, and articulated the principles at the Continental Congress.

Following the infamous Stamp Act in 1765, he attacked it with a vengeance and wrote A Dissertation on the Canon and Feudal Law, asserting it deprived the colonists of two basic rights: taxation by consent and a jury trial by peers – both guaranteed to all Englishmen by the Magna Carta. Within a brief 10 years, he was acknowledged as one of America’s best constitutional scholars. When Parliament passed the Coercive Acts in 1774, Adams drafted the principal clause of the Declaration of Rights and Grievances; no man worked harder in the movement for independence and the effort to constitutionalize the powers of self-government.

After the Battles of Lexington and Concord, Adams argued for the colonies to declare independence and in 1776, Congress passed a resolution recommending the colonies draft new constitutions and form new governments. Adams wrote a draft blueprint, Thoughts on Government, and four states used it to shape new constitutions. In summer 1776, Congress considered arguments for a formal independence and John Adams made a four-hour speech that forcefully persuaded the assembly to vote in favor. Thomas Jefferson later recalled that “it moved us from our seats … He was our colossus on the floor.”

Three years later, Adams drafted the Massachusetts Constitution, which was copied by other states and guided the framers of the Federal Constitution of 1787.

He faithfully served two full terms as vice president for George Washington at a time when the office had only two primary duties: preside over the Senate and break any tie votes, and count the ballots for presidential elections. Many routinely considered the office to be part of Congress as opposed to the executive branch. He served one term as president and then lost the 1800 election to his vice president, Thomas Jefferson, as the party system (and Alexander Hamilton) conspired against his re-election. Bitter and disgruntled, he left Washington, D.C., before Jefferson was inaugurated and returned to his home in Massachusetts. His wife Abigail had departed earlier as their son Charles died in November from the effects of chronic alcoholism.

Their eldest son, John Quincy Adams, served as the sixth president (for a single term) after a contentious election, and they both gradually sunk into relative obscurity. This changed dramatically in 2001 when historian David McCullough published a wonderful biography that reintroduced John and Abigail Adams to a generation that vaguely knew he had died on the same day as Thomas Jefferson, July 4, 1826 – the 50th anniversary of the signing of the Declaration of Independence. In typical McCullough fashion, it was a bestseller and led to an epic TV mini-series that snagged four Golden Globes and a record 13 Emmys in 2008.

Television at its very best!

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 chair and CEO of PepsiCo Restaurants International [KFC Pizza Hut and Taco Bell].