Social upheaval isn’t new … just look at the bumpy year of 1968

Walt Kelly’s Pogo comic strip often addressed political issues. This original 1968 Sunday strip realized $4,63 at a November 2016 Heritage auction.

By Jim O’Neal

In 1964, Martin Luther King Jr. was awarded the Nobel Peace Prize. He was on a mission that would include a march over a bridge in Selma, Ala., and he led a high-profile protest over voter-registration rules. Congress finally passed the Voting Rights Act, but it would turn out to be too late. King’s ideas about non-violence were poised for a rapid decline. The long-overdue legislation simply provoked an expression of rage, repression and frustration. Soon, riots broke out in Watts, followed by San Diego, Chicago, Philadelphia and Springfield.

The message seemed clear. This violence was not targeted against unfair laws, long-denied rights or even a new brand of segregation. It was against class distinctions and the invisible racism that deprives people of good jobs and better housing. The struggle to eat at the same lunch counters, and use the same restrooms, hotels or drinking fountains was over. This was about economic inequalities and disparities in everyday life. The voices that were speaking louder than MLK reflected the speeches of Malcolm X … belief in the purity and pride of the black race and separation from whites to obtain true freedom and self-respect.

The fever fueled urban rioting like a contagion, even after Malcolm was killed by a rival black Muslim in 1965. Eight thousand deaths or injuries occurred in 100 U.S. cities from 1965 to 1968. Malcolm’s provocative separatist ideology morphed into the hands of Stokely Carmichael and the Student Nonviolent Coordinating Committee, along with the Black Power sloganeering of Bobby Seale and the Black Panthers. Despite the efforts of broad swathes of committed people, there was a pervasive, ominous fear of a racial clash that was lurking in the shadows, ready to pounce.

In America, most years are routine… 365 days filled with weeks and months and only occasionally an event that might change the arc of history. Rarely do we experience shocks to the system that put us in a new orbit. Ironically, we’re in a classic worldwide disruption now and the path back to normalcy is filled with uncertainty. Even more critical is the simple fact that virtually everyone on this tiny speck has to join in or we all might perish. The pandemic is just one of the dangers. Climate change is a global concern and we’re also drifting back toward another Cold War with obvious parallels to the past. Nobody expected the events in 1914 to expand into a world war, yet almost everyone could see how WW2 was bound to occur.

And thus it was in 1968 when we endured a very bumpy ride.

Perhaps it began on Jan. 30 of that year when North Vietnam launched the Tet Offensive and caught everyone on our side flat-footed. A surprise attack on 100 cities was just implausible, but it did happen. Eventually, the military regained control, but in the process surrendered an enormous strategic PR advantage to the enemy. The American government had been promising that “Victory is in sight,” but was forced to retract the assertion. Walter Cronkite – the most trusted man in America – declared, “The Vietnam War is mired in a stalemate.” President Johnson took it one step further: “If I’ve lost Cronkite, I’ve lost the American people.”

This public embarrassment was followed by the astonishing Kerner Commission report in February. Established by the president, the blue-ribbon group was charged with investigating the causes of the rash of riots sweeping American cities. In a stinging rebuke, it blamed the riots on police brutality, racism and lack of economic opportunities. In siding with the rioters, the 468-page bestseller concluded with a bombshell: “Our nation is moving toward two societies, one white – separate and unequal.” It charged that white society is clearly implicated in the ghetto – “White institutions created it, white institutions maintain it and white society condones it.”

President Johnson promptly ignored it.

As the 1968 presidential primary season rolled around, Tet gave a boost to long-shot Eugene McCarthy. Running as a one-issue candidate (the war), he snagged a surprising 42% of the New Hampshire primary. Enter Bobby Kennedy, who, like most of America, was undergoing a transformation over Vietnam, civil rights and the charge America was not a moral country. However, he clung to the belief that not having a Kennedy in the White House was the missing elixir. He announced his candidacy on March 16.

Two weeks later (March 31), President Johnson made a prime-time speech to the American people. After listing the many positive things that had been accomplished, he started talking about a growing division in America and asked everyone to guard against divisiveness and its ugly consequences. He closed by saying he couldn’t afford to waste any of his precious time on partisan politics and … “I shall not seek and I will not accept, the nomination of my party for another term as your president.”

It had a somber, even sad tonality that when read today doesn’t seem to fit together.

Four days later, Martin Luther King Jr. was assassinated in Memphis and the now-familiar bright orange flames flared over Harlem, Chicago, Detroit and Kansas City. People were losing faith in our institutions and wondering who to blame.

Walt Kelly (1913-1973) seemed to be the only one with a plausible answer. Kelly was an American cartoonist and animator. He worked for Walt Disney studios until 1941, when he moved over to Dell Comics. There, he created a new lineup of animal cartoon characters, including Pogo Possum, Albert Alligator and Churchill LaFemme. The strip was layered with clever political satire. On Earth Day 1971, his son was complaining about sore feet from having to walk on all the tin cans, glass and junk that had accumulated in the swamp. This was when Pogo uttered his most famous observation … “Yep, son, we have met the enemy and he is us.”

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].

Late ’60s marked a dangerous era of tensions over Vietnam, Civil Rights

Posters by Walt Kelly with the popular slogan “We have met the enemy and he is us” (1970) occasionally appear at auction.

By Jim O’Neal

In 1968, we were living in San Jose when national politics got complicated after President Lyndon Johnson made a speech that concluded, “Accordingly, I shall not seek and will not accept the nomination of my party for another term as your president.”

The date was March 31 and less than a week later, on April 4, Martin Luther King Jr. was assassinated in Memphis. The assassin, James Earl Ray, was on the loose and believed to have fled the country. Later, he would be apprehended at London’s Heathrow Airport and extradited to face first-degree murder charges. He pled guilty in return for a 99-year sentence and died in 1998 while still in prison.

The year had started off with an upset on Jan. 20 when the University of Houston, led by Elvin Hayes, defeated top-ranked UCLA, 71-69, in the Astrodome before 52,693 fans. It had been billed as the “Game of the Century” and was the first NCAA basketball game to be nationally televised in prime time, ultimately leading to “March Madness.” Although UCLA would go on to thrash Houston in the semi-finals (101-69) and defeat North Carolina in the championship game, the loss to Houston snapped a 47-game winning streak. Coach John Wooden simply commented, “I guess we’ll just have to start over.” From 1971 to 1974, UCLA won another 88 straight games.

Ten days after the UCLA upset, on Jan. 30, 1968, about 80,000 enemy troops launched a surprise attack on over 100 cities and towns in South Vietnam. It was the single most lethal day in terms of killed or mortally wounded U.S. military troops. Although the war would grind on for another six years, the “Tet Offensive” would turn out to be the beginning of the end, since it put the war into 50 million Americans’ living rooms every night on all three TV networks, which dutifully announced all the Viet Cong that had been killed. Even then, I never understood the logic on keeping track of enemy KIA and territory gained in the vain hope it would somehow boost public support (especially since it was the same territory we had won six weeks previously). It seemed analogous to fighting the Battle of Gettysburg (once a week) and then reporting on whether the North or South had won.

After the April murder of MLK, a wave of shock and distress spread across the nation, with riots and burning in more than 100 cities. Then two months later, disaster struck again when Bobby Kennedy was killed on June 5 at the Ambassador Hotel in Los Angeles. Tensions over Vietnam and Civil Rights were at a dangerous level and America’s leadership was being questioned. Walt Kelly’s frequently quoted Pogo line from that era – “We have met the enemy and he is us” – captured the mood of the country.

In August, we had dinner at the five-star Stanford Court Hotel on California Street on Nob Hill. Our host told us an amusing story about their last visit to the restaurant. Without mentioning any names, he explained that during dinner, the wife of his client had slipped a plate from the table into her handbag. Nothing was said, but when the check came, there was one line listed: “One dinner plate $75.” In a perverse way, it eased my concern that discretion and gentility were being eroded during all the domestic chaos.

Later I would learn that the hotel had been built on the same site that Leland Stanford (1824-1893) had built his magnificent mansion, which was legendary for its luxury and art collection. Finished in 1876 for the astonishing cost of $2 million, it was perched on two superb acres surrounded by a grand wall of basalt and granite. The Stanford manse was among the most elegant in the nation, but had been destroyed by fire in the 1906 earthquake.

Leland Stanford was one of the Big Four responsible for building the Central Pacific railroad that started in Sacramento and met the Union Pacific at Promontory Point, Utah, in 1869. This was the joining of the first Transcontinental Railroad that completed an “iron belt” around the country. Leland Stanford and his wife Janie are responsible for creating Stanford University in honor of a son that died. Leland and his cronies – Mark Hopkins, Charles Crocker and Collis Huntington – were well known in 19th century history as “Robber Barons” and Stanford’s correspondence leaves no doubt that he used every trick in the book to cheat his partners, investors, the government and employees.

I suspect he never thought about stealing the silverware or china from restaurants.

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].

More than 50 years later, streets filled with a new generation, with new demands

A Time magazine signed by Martin Luther King Jr. realized $6,875 at an October 2013 Heritage auction. The issue is dated Feb. 18, 1957, two months after the end of the Montgomery Bus Boycott.

By Jim O’Neal

In the two decades following WW2, the African-American struggle for civil rights lacked focus and broad support. Americans had spent four long years fighting a bitter war to free the world from tyranny and were now intent on resuming a peaceful recovery. However, in the process of restoring a normal life, they became disgusted by racial segregation and systemic exploitation of minorities. As important legal victories increased, protesters and marchers were helping change attitudes as the basis for faster, more sincere progress.

Alas, irrespective of the legal triumphs and the changes in public opinion, Jim Crow segregation was deeply embedded in the Deep South and portions of the West. Discriminatory laws generally targeted Latinos and American Indians, in addition to African-Americans. All levels of state government often failed to honor court decisions, while civil rights workers were subjected to mob violence that even included law enforcement officers.

Finally, on Aug. 28, 1963, the largest civil rights protest in American history occurred when 250,000 people gathered on the National Mall in Washington, D.C., to begin “The March on Washington for Jobs and Freedom” (later known simply as “The March”). The highlight of the day was a 15-minute closing speech by the Rev. Martin Luther King Jr.

In it, King offered his version of the American Dream, drawing on the Declaration of Independence, the Constitution and the Emancipation Proclamation. It was quickly to become known as the “I Have a Dream” speech. The Dream included a hope that people “will not be judged by the color of their skin, but by the content of their character,” that black and white children could “join hands … and walk together as sisters and brothers,” and that “the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood.”

MLK cautioned the nation there was still a long way to go. He cited the broken promises Americans made after the Civil War. Slavery was gone, but vicious racism still existed in general society. He said bluntly, “One hundred years later, the life of the Negro is still sadly crippled by the manacles of segregation and the chains of discrimination.” King also highlighted the curse of widespread poverty during an era of postwar prosperity. He closed by exhorting white Americans to strive for a realization of the cherished phrase “Let Freedom Ring” and join in the old Negro spiritual that proclaimed “Free at last! Free at last! Great God a-mighty, we are free at last!”

The March on Washington was pivotal in the passage of the 1964 Civil Rights Act, which eliminated segregation and began dismantling Jim Crow practices.

On Nov. 21, 1963, Lyndon Baines Johnson, the eighth vice president to assume the nation’s highest office following the death of a president, was better prepared to take command than any of his predecessors. Despite the personal disrespect and abuse from the elitist Kennedy crowd (especially RFK), LBJ was a master politician, serving 24 years as a representative and 12 years as a senator. As Majority Leader, he was truly “Master of the Senate,” as biographer Robert Caro has written so carefully.

The new president stayed in the background as the nation grappled with the enormous grief that engulfed Kennedy’s family and the people during funeral services for the slain president. Then, five days after the assassination – on the day before Thanksgiving – Johnson addressed a special joint session of Congress. He challenged them to honor Kennedy’s memory by carrying forward the dead president’s New Frontier program, saying “Let us continue.”

He asked for early passage of a new civil rights bill “to eliminate from the nation every trace of discrimination and oppression that is based on color or race.” Congress responded by passing every law LBJ pleaded for. Yet, over 50 years later, our streets are filled with a new generation, with new demands, as Congress is deadlocked once again. So, no new laws…

Perhaps Cassius was right after all: “The fault, dear Brutus, is not in our stars, but in ourselves.” (William Shakespeare’s Julius Caesar).

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 Nation Moved to Civil War, the North had the Financial Edge

Richard Montgomery was an Irish soldier who served in the British Army before joining the Continental Army.

By Jim O’Neal

Richard Montgomery (1738-75) was a little-known hero-soldier born in Dublin, Ireland, who became a captain in the British Army in 1756. Later, he became a major general in the Continental Army after the Continental Congress elected George Washington as Commander in Chief of the Continental Army in June 1775. This position was created specifically to coordinate the military efforts of the 13 Colonies in the revolt against Great Britain.

Montgomery was killed in a failed attack on Quebec City led by General Benedict Arnold (before he defected). Montgomery was mourned in both Britain and America as his remains were interned at St. Paul’s Chapel in New York City.

A remarkably diverse group of schools, battleships and cities named in his honor remain yet today. Montgomery, Ala., is the capital and second-largest city in the state; it’s where Rosa Parks refused to give up her bus seat to a white passenger on Dec. 1, 1955, sparking the famous Montgomery bus boycott. Martin Luther King Jr. used Montgomery to great advantage in organizing the civil rights movement.

Montgomery was also the first capital of the Provisional Congress of the Confederate States when the first meeting was convened in February 1861. The first seven states that seceded from the United States had hastily selected representatives to visit the new Confederate capital. They arrived to find the hotels dirty, dusty roads, and noisy lobbyists overflowing in the statehouse. Montgomery was not prepared to host any large group, especially a large political convention.

Especially notable was that most of the South’s most talented men had already either joined the Army, the Cabinet or were headed for diplomatic assignments. By default, the least-talented legislators were given the responsibility of writing a Constitution, installing the new president (Jefferson Davis), and then authorizing a military force of up to 400,000 men. This conscription was for three years or the duration of the war. Like the North, virtually everyone was confident it would be a short, decisive battle.

Jefferson Davis was a well-known name, having distinguished himself in the Mexican War and serving as Secretary of War for President Franklin Pierce. Like many others, he downplayed the role of slavery in the war, seeing the battle as a long-overdue effort to overturn the exploitive economic system that was central to the North. In his view, the evidence was obvious. The North and South were like two different countries: one a growing industrial power and the other stuck in an agricultural system that had not evolved from 1800 when 80 percent of its labor force was on farms and plantations. The South now had only 18 percent of the industrial capacity and trending down.

That mediocre group of lawmakers at the first Confederate meeting was also tasked with the challenge of determining how to finance a war against a formidable enemy with vastly superior advantages in nearly every important aspect. Even new migrants were attracted to the North’s ever-expanding opportunities, as slave states fell further behind in manufacturing, canals, railroads and even conventional roads, all while the banking system became weaker.

Cotton production was a genuine bright spot for the South (at least for plantation owners), but ironically, it generated even more money for the North with its vast network of credit, warehousing, manufacturing and shipping companies. The North manufactured a dominant share of boots, shoes, cloth, pig iron and almost all the firearms … an ominous fact for people determined to fight a war. The South was forced to import foodstuffs in several regions. Southern politicians had spoken often of the need to build railroads and manufacturing, but these were rhetorical, empty words. Cotton had become the powerful narcotic that lulled them into complacency. Senator James Hammond of South Carolina summed it up neatly in his “Cotton is King” speech on March 4, 1858: “Who can doubt, that has looked at recent events, that cotton is supreme?”

Southerners sincerely believed that cotton would rescue them from the war and “after a few punches in the nose,” the North would gladly surrender.

One of those men was Christopher G. Memminger, who was selected as Confederate States Secretary of the Treasury and responsible for rounding up gold and silver to finance the needs of the Confederate States of America (CSA). A lawyer and member of the South Carolina legislature, he was also an expert on banking law. His first priority was for the Treasury to get cash and he started in New Orleans, the financial center of the South, by raiding the mint and customs house.

He assumed there would be at least enough gold to coin money and commissioned a design for a gold coin with the goddess of liberty seated, bearing a shield and a staff flanked by bales of cotton, sugar cane and tobacco. Before any denominations were finalized, it was discovered there was not enough gold available and the mint was closed in June.

This was followed by another nasty surprise: All the banks in the South possessed only $26 million in gold, silver and coins from Spain and France. No problem. Memminger estimated that cotton exports of $200 million would be enough to secure hundreds of millions in loans. Oops. President Lincoln had anticipated this and blockaded all the ports after Fort Sumter in April 1861. No cotton, no credit, no guns.

In God we trust. All others pay cash.

One small consolation was that his counterpart in the North, Salmon P. Chase, was also having trouble raising cash and had to resort to the dreaded income tax. However, both sides managed to keep killing each other for four long years, leaving a legacy of hate.

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].

For President Johnson, Goal was Reached with ‘Great Society’ Legislation

lyndon-b-johnson-great-society-bill-signing-pens-from-1965
A complete set of 50 pens President Johnson used to sign “Great Society” legislation in 1965 sold for $18,750 at a November 2015 Heritage auction.

By Jim O’Neal

Whether Lyndon B. Johnson intended to run a second time for the presidency (after his 1964 election) is uncertain. Many of his predecessors had made it clear that one elected term was enough.

Theodore Roosevelt made a campaign promise not to run again for president and regretted it so much that he later ran anyway (in 1912). Rutherford B. Hayes never intended to run more than once (and was happy he hadn’t), and neither did Harry Truman or Calvin Coolidge. Except for TR, these men were no longer popular by the end of their first elected term, and it most likely would have been a waste of time.

So it was with LBJ. On March 31, 1968, he took the nation by surprise when he announced abruptly in a televised address from his office, “I shall not seek, and I will not accept, the nomination of my party for another term as your president.”

Johnson had even spoken of resigning, but if anything deterred him, it was the fear of losing his “Great Society” programs in Congress. Even the media-fueled support for Robert Kennedy was threatening, because Johnson never trusted him and was leery of his lack of power with Congress to be sure the programs got enacted. Johnson cared more about his agenda than the presidency.

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President Johnson signs legislation.

Then, shortly after his retirement speech, came the assassinations of Dr. Martin Luther King Jr. (April) and Kennedy (June), which stirred even more violence in the streets. The military was on stand-by and ready to pour into Washington if rioting was too much for the police. For the man in the White House, the outside world was a horror show and the idea of returning to his ranch grew more appealing. A long-time colleague from the old days, Congressman Jack Brooks, said the president did not seek reelection because he “kind of wanted to get back home,” adding for those who might not understand, “It’s not so bad out on the ranch, you know.”

Some presidents depart the White House invigorated, but most leave exhausted. For LBJ, the office had drained his vigor and confidence. He also believed that history would never give him credit for achieving the most powerful social agenda since Roosevelt’s New Deal. It was Johnson’s political skill that made it happen, not JFK, but Johnson believed that somehow the applause would inevitably go to his more popular predecessor. Sadly, he was right, but in recent years, a more balanced narrative has evolved.

Republicans nominated Richard Nixon in August 1968 and the Democrats chose VP Hubert Humphrey. LBJ did not attend the convention to share Humphrey’s triumph since he didn’t want to add any Vietnam War baggage to the ticket. During the campaign, the war flared on and LBJ was still impassioned to end it. On Oct. 31, just days before the election, he even announced a halt to the bombing, but it was too late.

On Jan. 14, 1969, President Johnson delivered his final State of the Union to Congress. It was strong, pragmatic and well-received by his old Senate colleagues – and in a venue where he was very comfortable.

Then it was time to pack up and head back to Texas.

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].

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].

1968 Was Much Lousier Than the Queen’s Annus Horribilis

The 1968 Belmont Stakes winner’s trophy presented to jockey Heliodoro Gustines for his win on Stage Door Johnny realized $28,680 at a February 2015 Heritage auction.

By Jim O’Neal

Citing a string of unpleasant events, Queen Elizabeth II in a speech on Nov. 24, 1992, labeled the year her annus horribilis.

For many in the United States, 1968 was more of a lousy year than the events that seemed to perplex Her Royal Majesty.

In Washington, D.C., the Willard Hotel, where at least seven presidents had been guests (starting with Franklin Pierce), went bankrupt.

China exploded its seventh atomic bomb in an attempt to catch up, and France did the same with its first hydrogen bomb. A U.S. Air Force B-52 crashed in Greenland, spilling radioactive materials on an expanse of ice. It was the 13th time such an accident had occurred.

In Biafra, 3 million civilians died in a war with Nigeria, many of them of basic starvation as the world stood by and did nothing.

It was that kind of year.

On Jan. 31, the Tet Offensive in Vietnam caught everyone off guard and was followed by the My Lai Massacre. LBJ decided he’d had enough and did not stand for re-election.

At the Kentucky Derby, Dancer’s Image finished first, but was disqualified after traces on phenylbutazone were discovered in the post-race urinalysis. Then, Dancer’s Image was disqualified in the Preakness for bumping. So, Forward Pass won two of racing’s Triple Crown. Dancer’s Image did not run the Belmont – won that year by Stage Door Johnny – and remains the only winner of the Derby to be disqualified.

On April 4, Martin Luther King Jr. was assassinated and cities across the nation rioted. On June 5, Robert Kennedy was assassinated in Los Angeles at the Ambassador Hotel as he was trying to follow his brother into the White House.

It was that kind of year.

The U.S. submarine Scorpion was lost at sea with 99 men, which would have been the biggest naval disaster of the year. However, it was overshadowed by the spectacular fate of another U.S. ship near North Korea.

The USS Pueblo was labeled an environmental research ship, but was really an electronic snoop with antennas and high-tech radar. They cruised the Sea of Japan seeking signals from North Korea. On Jan. 23, the Pueblo was attacked and captured by the North Korean navy.

The news that a U.S. naval vessel had been captured – the first since the USS Chesapeake in 1807 – stunned the entire country. U.S. Secretary of State Dean Rusk called it an act of war and senators were howling for action! Two appeals to Russia to act as a mediator were rejected and the U.N. Security Committee refused to get involved.

Finally, U.S. and North Korean negotiators got the men and Commander Lloyd M. Bucher released. But, incredibly, the USS Pueblo is now a tourist attraction in Pyongyang at the Victorious War Museum, complete with tours and a video. The U.S. State Department is still hoping for a release … 48 years later.

Annus horribilis … American style.

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].