Highly Hunted Sperm Whales Brought Wealth to Eastern Ports

A true first edition of Herman Melville’s Moby Dick (The Whale, in three volumes, London: Richard Bentley, 1851), preceding the New York edition by about four weeks, realized $53,775 at a June 2008 Heritage auction.

By Jim O’Neal

In November 1851, Herman Melville’s Moby Dick was published in the United States. It was based on a true story of a sperm whale that attacked and sank the whale ship Essex.

It was not successful until long after Melville died and even the eight or nine movies that followed were box office disappointments. My favorite movie, Moby Dick (1956), directed by John Huston and starring Gregory Peck, has yet to turn a profit.

Until the 18th century, the quality of lighting had remained relatively unchanged for 3,000 years. People had devised many low-tech, ingenious solutions to combat darkness without much success. But in 1783, Swiss physicist Aimé Argand invented a lamp that dramatically improved its use by feeding more oxygen to the flame. It even featured a knob to easily adjust the light output.

Thomas Jefferson was so impressed he brought several back from Paris in 1790.

However, the best light of all came from burning whale oil and the best whale oil was spermaceti from the head of sperm whales. Sperm whales even now are mysterious and elusive animals, but they produce and store great reserves of spermaceti – up to 3 tons – in a cavernous chamber in their skulls.

The sperm whale is also the largest of the toothed whales and the largest of any toothed predator. It has the largest brain of any animal – modern or extinct – on Earth. This combination produced a legendary battle between man and a highly hunted creature of the sea.

Whale oil became an American specialty and it was primarily whaling that brought so much wealth to New England and the key eastern ports. In 1846, America had more than 650 whaling ships, three times the rest of the world, combined.

Let there be light.

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].

 

State of the Union Speeches Will Continue Evolving

Twenty-three lines in Abraham Lincoln’s own handwriting from his last State of the Union address went to auction in June 2009.

By Jim O’Neal

On Jan. 15, 1975, President Gerald Ford in his State of the Union speech said:

“The State of The Union is not good. Millions of Americans are out of work. Recession and inflation are eroding the money of millions more.”

“Prices are too high and sales too slow.”

“The national debt will rise to over $500 billion.”

“We depend on others for essential energy.”

These were remarkably candid admissions and atypical from most of his predecessors, who took great leeway with the facts to spin a nice story.

George Washington personally delivered the first State of the Union to a joint session of Congress on Jan. 8, 1790.

Then Thomas Jefferson abandoned the “in person” practice because it was too similar to what a monarch might do, something he was trying to avoid (i.e., a speech from the throne).

In 1913, President Woodrow Wilson revived the practice and it has gradually become a major national event. It has also morphed into a presidential wish list rather than a practical, non-political assessment of national conditions … as designed.

Personal attendance by high-profile politicians is a “must,” except for one Cabinet member who is in the line of secession (a designated survivor) in the event of a major catastrophe.

In 1981, Jimmy Carter felt compelled to issue an “exit” State of the Union, but that lame-duck ritual has been discontinued.

However, I suspect presidents will increasingly remind us … one more time … about everything that was accomplished, in case we forgot. It provides an excellent chance to combine a farewell with the start of a memoir … and not leave a legacy assessment in the hands of less gentle hands.

I would.

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].