Memo to Elizabeth and Bernie: You’ve been scooped by roughly 130 years

A collection of First Lady Frances Folsom Cleveland’s family and personally owned artifacts went to auction in September 2020.

By Jim O’Neal

March 4, 1893, marked the second time Stephen Grover Cleveland was inaugurated as president of the United States. He was greeted at the Executive Mansion by President Benjamin Harrison, the Republican he had defeated three months earlier. It was a mildly awkward meeting, the only time in history the transfer of presidential power involved outgoing and incoming presidents who had run against each other twice (each one winning once and losing once).

Benjamin “Little Ben” Harrison (he was 5-feet-6) was notoriously cold and aloof and President-elect Cleveland was stubbornly independent, with an aura of self-righteousness. Historian Henry Adams observed that “one of them had no friends and the other only enemies.” Robert G. Ingersoll, nicknamed “The Great Agnostic,” went a step further: “Each side would have been glad to defeat the other, if it could do so without electing its own candidate.” Strangely, I felt the same way in both 2016 and 2020.

Inauguration Day was bitterly cold and many recalled that Harrison’s grandfather, William Henry Harrison (the ninth president) had died 31 days after his inauguration. Following a very long acceptance speech, he caught pneumonia and it was fatal. He was 68 and at the time the oldest person to assume the presidency, a distinction he held until 1981 when Ronald Reagan was sworn in at age 69.

In 1893, President-elect Cleveland’s vice president, Adlai E. Stevenson, took the oath of office first. Sixty years later, his grandson (and namesake) would make two futile runs for the presidency (1952 and 1956). He had the bad luck of having one of America’s greatest heroes, General Dwight D. Eisenhower, as an opponent. War heroes are difficult to defeat and, in this case, it’s generally acknowledged that Ike could have beaten anyone and run on either party’s ticket. Outgoing President Harry Truman had even tried to broker such a deal in 1948 when he offered to step down to vice president.

Sadly, the 1892 election was vexed by Harrison’s wife contracting tuberculosis and dying two weeks before the election of Cleveland. But, after the inauguration and traditional transition, the ex-president seemed more than ready to return to his home in Indianapolis. Surprisingly, four years later, some of Harrison’s friends tried to convince him to seek the presidency again. He declined, but did agree to travel extensively making speeches in support of William McKinley’s successful candidacy. Little Ben died in February 1901 from pneumonia and a short six months later, President McKinley would become the third president to be assassinated.

But today belonged to President Cleveland and his wife Frances. They had been married during the first term in office on June 2, 1886, in the Blue Room at the White House. Cleveland was 49 years old at the time, Frances a mere 21. Frances Folsom Cleveland was the youngest First Lady in history and became very popular, primarily due to her youthful personality. They would have five children with the first one named Ruth. No, she was definitely not associated with Baby Ruth. That candy bar was renamed 30 years after her birth and 17 years after her death. After a warm welcome at the White House, President Cleveland’s troubles started almost right away.

In May, barely two months back in the White House, Cleveland discovered a growth on his palate, the soft tissue in the roof of the mouth that separates the oral and nasal cavities. It turned out to be a malignant tumor that required surgical removal. Fearful of panic in the already shaky financial markets, a clever plan was devised to perform a secret operation on a yacht in the East River. The surgery was successful and the president recuperated while sailing innocently on Long Island. The press was surprisingly gullible and accepted a story about two teeth that needed removal.

However, on dry land, economic forces were forming a dark storm that would usher in the worst financial crisis in the nation’s history. The pending depression would become known as the Panic of ’93. The 19th century had weathered many boom-bust economic cycles, but this powerful downturn would persist until the 20th century. Even as the president was organizing his cabinet, banks, factories and farms were tumbling into bankruptcy. Virtually everywhere, workers were struggling with layoffs and payouts as companies were swept away.

In his inaugural speech, Cleveland had warned about the dangers of business monopolies and inflation, however, his response to the economic chaos was austere in the extreme. He did not believe government should intervene for fear of eroding self-reliance and over-reliance on government. This was a common belief and it would take another generation for a new consensus to shape American politics. To fully grasp the significant schism that was silently evolving, one only has to read Thomas Sherman’s 1889 essay titled “The Owners of the United States.”

Using census data and promises of anonymity, he developed the thesis that 1/30th of the people in England owned 2/3 of the wealth. In America, he listed 70 individuals worth $2.7 billion and asserted no other country had such a concentration of millionaires. By contrast, 80% of Americans earned less than $500 annually, and 50,000 families owned half of the nation’s wealth. Further, wealthy men and corporations escaped taxation, with the burden falling “exclusively upon the working class.”

Memo to Elizabeth and Bernie: You’ve been scooped by roughly 130 years. Somehow, we managed to have a decent 20th century, save the world several times and develop a technological cornucopia for 330 million people vs. any other time in the history of the world. Go Bezos, Jobs/Allen, the Google guys, Walmart, Henry Ford, FDR and my man T.R.!

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].

 

Texas independence was a key moment in the United States’ westward expansion

A rare March 1836 printed account of Mexican President Antonio López de Santa Anna’s operations in Texas during the Revolution, with specific mention of events at the Alamo, sold for $16,730 at a December 2007 Heritage auction.

By Jim O’Neal

Early on March 6, 1836, the noise of assembling an infantry and the clamor of a cavalry preparing for battle sliced through the darkness as clouds covered the moonlight. Their assault targets were the adobe walls of a 118-year-old mission founded by Roman Catholic missionaries. Inside were no more than 200 armed men commanded by Lieutenant Colonel William Barret Travis, including David Crockett and Jim Bowie. (March 6 was James Bowie’s 40th birthday and before he gained fame for the knife.) For 12 days, this small group (called Texicans) had been successful in slowing Mexican President Antonio López de Santa Anna and his 3,000 troops.

Finally, the Mexican troops were ready and raised the bloody red and white flag that signified that no quarter would be allowed. Then Mexican bugles blared the notes of the chilling “Degüello” and four groups were stationed around the Alamo to ensure that no one escaped alive. Their first assault was repulsed as was the second attempt. Then the attacking troops reformed and breached the walls. Within a matter of minutes, no Texicans were left alive. One popular legend survives that claims the wife of a lieutenant – Susan Dickerson and an infant daughter – were spared. President Santa Anna saluted her as she fled to safety.

According to international law, the Mexican military was well within their sovereign rights. The Alamo, and for that matter 100 percent of Texas, was legally Mexican territory. That included thousands of other Americans scattered from the Brazos to the Sabine River, who were challenging the legal authority of the official government.

For the previous 300 years, Spain had occupied Mexico as a colony known as Nueva España (New Spain). Much of this colonial area consisted of remnants of the remarkable Aztec Empire. In 1493, Pope Alexander VI (1492-1503) had issued Papal bulls that effectively granted Spain the exclusive right to explore the seas and claim all New World lands discovered by Columbus in his trips to the areas near North America. In return, Spain agreed to spread Christianity and the Catholic Church.

When the Mexicans initiated a war of independence, it was further complicated by European politics, Napoleon’s ambitions and aspirations from France. However, Mexico was fully committed to freedom and finally achieved their freedom from Spain. It was the first of several colonies whose independence was recognized by Spain. Ecuador was the second colony after Mexico to gain freedom. But the capture of the Alamo was not the beginning of peace. Less than two months later on April 21, 1836, Sam Houston and 800 Texans defeated Santa Anna at the Battle of San Jacinto and the birth of the Republic of Texas was established.

Texas was annexed by the United States on Dec. 29, 1845, and admitted to the Union as the 28th state the same day. This was the action that precipitated the Mexican-American War (1846-1848).

Meanwhile, U.S. politics evolved into a rough, highly partisan affair as the country expanded west. Andrew Jackson served two terms as president and was followed by Vice President Martin Van Buren in 1836. However, the Panic of 1837, a financial crisis, soon engulfed the entire country. It ignited a major depression with profits, prices and wages all in a steep decline. An increase in unemployment created a national malaise and when banks raised interest rates, it extended the duration of the economic duress.

The country naturally blamed Van Buren and in 1840 turned to a military man to provide the leadership they hungered for. They picked General William Henry Harrison on a slogan of “Tippecanoe and Tyler too.” When Harrison died 30 days later, Vice President John Tyler quickly assumed the full powers of the presidency since there were no precise legal rules regarding succession and he thwarted any suggestions that he was only a temporary president pending another election. Tyler was the first vice president to succeed to the presidency without an election.

However, President Tyler soon lost the support of Congress when he attempted to assume legislative powers. He suffered the embarrassment of being the first president to have legislation overturned by Congressional veto. In 1844, Van Buren made a second try to win back the presidency and failed. Then the momentum shifted to younger upstarts like Henry Clay and James K. Polk, who had been elected to the House of Representatives seven times and would become the first and only Speaker of the House to become president.

Polk had long been considered Andy Jackson’s favorite since they had been born 20 miles apart in the Carolinas frontier. Polk had definitely been born in North Carolina, however, when Jackson was born 28 years earlier, there was no formal line between North and South Carolina. Jackson’s mother was never positive about exactly where her son had been born. Jackson just claimed it was North Carolina and no one ever had the nerve to challenge him (over anything) since they would be standing 10 steps away with a gun in their hand.

President Polk boldly proclaimed the policy of the United States was to be continental expansion. He welcomed Texas into the Union, bluffed the British out of one-half of Oregon and went to war with Mexico to grab California (and the gold) and a big chunk of the Southwest. He had announced his intention to serve only one term even before the election. As a formal lame duck, he was willing to spend his political capital freely and he expanded the powers of the presidency more than anyone before the Civil War. Although labeled a “dark horse” president, it’s hard to match it with his record. He chose to ride boldly across the bright new land and opened up the American West to a century of unbridled expansion.

A man of his word, he served just a single term in office. He had only been 49 at his inauguration – the youngest president up till then – and died a short 103 days after leaving office. His mother Jane was the first presidential mother to survive her son in life.

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].

A little history helps put the 2020 election in perspective

This $1000 1882 Gold Certificate, Fr. 1218f (PCGS Very Fine 35) – with a vignette of Alexander Hamilton, the first Secretary of the Treasury – realized $293,750 at a January 2014 Heritage auction.

By Jim O’Neal

If our past is any guide to the future, I suspect that presidential politics will be a primary source of contention for several electoral cycles. The United States has produced some unusual presidential elections and the 2020 Biden vs. Trump race is not an isolated event that warrants exceptional anxiety.

A little history helps keep it in perspective.

During the 1787 Constitutional Convention, there was a long debate over the method for selecting a president. Among the proposals was whether the chief executive should be chosen by a direct popular election, by the Congress, by state legislators or intermediate electors. Direct election was rejected primarily because of a concern that common citizens would probably lack sufficient knowledge of the character or qualifications of candidates that would enable intelligent choices. Candidates would be spread throughout the 13 colonies and campaigning was not a viable option due to travel difficulties.

Letting Congress decide was quickly rejected since it would jeopardize the principle of executive independence. Similarly, allowing state legislatures to choose was turned down because the president might feel indebted to some states and allow them to encroach on federal authority.

Unable to agree, on Aug. 31, the Convention appointed a “Committee of Eleven” to resolve it. On Sept. 4, a compromise was agreed with each state appointing Presidential Electors, who would meet in their states and cast votes for two persons. The votes would be taken to Congress to be counted, with the candidate receiving a majority elected the presidential candidate and the second highest vice president. Since there was no distinction between which vote was specifically designed by position, the 12th Amendment was ratified 1804 to distinguish individual votes between the two offices.

Now the conventional election of president and vice president is an indirect election in which (only) citizens, who are registered to vote in Washington, D.C., or one of the 50 states, cast ballots for members of the Electoral College. Those electors cast the direct votes and it requires at least 270 electoral votes to win. In 1960, the 23rd Amendment granted D.C. citizens the same rights as the states to vote for electors, but they can NEVER have more votes than the least populous state. To date, they have never had more than three electors. Also, they do not have any rights to vote for senators or amendments to the Constitution.

For more than 200 years, Americans have been electing presidents using the Electoral College, but despite its durability, it is one of the least admired political institutions. Thomas Jefferson called it “the most dangerous blot on our Constitution.” It’s been an easy target for abolishment or modernization and polls consistently report citizens would much prefer a simpler direct election. However, amendments require a 2/3 majority in both the House and Senate or a complicated state ratification convention with 3/4 approval. This process has never been attempted.

This outdated system has led to a number of anomalies at times. In 1836, the Whigs tried a novel approach by running different candidates in different parts of the country. William Henry Harrison ran in New England, Daniel Webster in Massachusetts and Hugh White of Tennessee in the South. By running local favorites, they hoped to subsequently combine on one candidate or force the election into the House. The scheme failed when Democrat Martin Van Buren captured the majority.

Another quirk of fate occurred in 1872 when Democratic nominee Horace Greeley died between the popular vote and the meeting of the electors. The Democrats were left without an agreed candidate. Forty-two voted for Governor Tom Hicks … 18 for Gratz Brown … two for Charles Jenkins and three Georgia electors cast their votes for the dead Greeley (Congress refused to accept them).

In 1912, President William Howard Taft and ex-President Theodore Roosevelt caused a split in the Republican Party that allowed Democrat Woodrow Wilson to become president. On Oct. 14, just before a major speech, a fanatic named John Shrank stepped up, shouted something about a third term and shot T.R. in the chest. Roosevelt yelled at the crowd to stand back and declared “I will make this speech or die. It is one thing or the other!” He went on to make a 90-minute speech before heading for the hospital. The bullet had lodged in the massive chest muscles instead of penetrating the lungs! Wilson won but Taft finished a weak third place.

Lastly, compared to “the Revolution of 1800,” the 2020 election was mild and relatively free of widespread disorder. The 1800 campaign was so bitter that VP Aaron Burr ended up killing Alexander Hamilton in a duel and John Adams and Thomas Jefferson would not communicate with each other for 12 years.

Neither Abigail nor John Adams would attend the inauguration. Sound familiar?

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 40 years, Horace Greeley was the busiest, boldest editor in America

This Horace Greeley 1872 campaign banner with albumen photo and gold-leaf trim sold for $40,000 at a December 2016 Heritage auction.

By Jim O’Neal

“Go West, young man, go west and grow up with the country.”

This widely known quote is directly associated with the concept of Manifest Destiny, as Americans inexorably expanded from being huddled along the Atlantic Ocean, across a vast continent, to the shores of the magnificent Pacific Ocean. What is less agreed is the source of this exuberant exhortation. A vast majority attribute it to a man who could easily be crowned the Nation’s Newsman: Horace Greeley. However, there is no definitive evidence in any of his prolific writing or plethora of speeches.

By 1831, a young (age 20) Horace Greeley arrived in New York, devoid of most things, especially money, except for a burning desire to exploit his skills as a journeyman printer. The following year, his reputation was rapidly expanding, having set up a press to publish his modest first newspaper. At 23, he had a literary weekly and a relationship with the great James Gordon Bennett, founder of the New York Herald. The future beckoned the aspiring writer-orator to bring his encyclopedic skills to the masses in new and exciting ways.

Inevitably, using borrowed money, he started the New-York Tribune, publishing the first issue on April 10, 1841. Perhaps by coincidence or divine intervention, this was the same day New York City hosted a parade in honor of recently deceased President William Henry Harrison (“Tippecanoe and Tyler Too”), who had died on April 4. Harrison, the ninth president, had only served from March 4, the shortest tenure of any U.S. president.

The 68-year-old William Henry Harrison was the oldest president to be inaugurated until Ronald Reagan was elected in 1980 at age 69 (both were young compared to the current president and president-elect). In this situation, Harrison had given a lengthy two-hour inaugural address (8,445 words – even after Daniel Webster had edited out almost half), opted not to wear a coat to demonstrate his strength, caught pneumonia and died four weeks later. His wife Anna was at home also sick and, in a first, Congress awarded her a pension – a one-time payment of $25,000 equal to the president’s salary. Their grandson – Benjamin Harrison – would become the 23rd president in 1889.

The new Greeley newspaper was a mass-circulation publication with a distinctive tone reflecting Greeley’s personal emphasis on civic rectitude and moral persuasion. Despite the challenging competition of 47 other newspapers – 11 of them dailies – the Tribune was a spectacular success. Greeley quickly became the most influential newspaperman of his time. From his pen flowed a torrent of articles, essays and books. From his mouth an almost equal amount. In the process, he revolutionized the conception of newspapers in form and content, literally creating modern journalism.

Then with the advent of steam-powered printing presses and a precipitous drop in prices from 6 cents to a penny, more people were clamoring for more news. The common man, ever eager for more information in any category, began to read about the financial markets and almost everything about everyone.

Greeley was intensely interested in Western emigration and encouraged others to take advantage of the opportunities he envisioned. “I hold that tens of thousands, who are now barely holding on at the East, might thus place themselves on the high road to competence and ultimate independence at the West.” Curiously, he made only one trip west, going to Colorado in 1859 during the Pike’s Peak Gold Rush, joining an estimated 100,000 gold-seekers in one of the greatest rushes in the history of North America. The participants, logically dubbed the “Fifty-Niners,” found enough gold and silver to compel Congress to authorize a Mint in 1862. The new Denver mint was opened in 1906.

Greeley developed a large group of followers who found in his raw eloquence and political fervor a refreshing perspective that fueled their appetite for more. For 40 years, Greeley was the busiest and boldest editor in America. Both men and women were attracted to his fiery perspective and guidance in all the great issues of the time. He spared no one, suffered no favorites and seemed to never let the nation or himself rest.

After becoming the first president of the New York Printers’ Union, he led the fight for distribution of public land to the needy and poor. He was a fierce advocate for government rescues during times of social issues, a new role for officeholders and the sovereign state as well. Others have remarked on the similarities between the 1837 depression and FDR’s New Deal response a century in the future. Still others consider him a trust buster, but 60 years before Teddy Roosevelt and his Big Stick threats.

Perhaps less skilled in the art of personal introspective, Greeley viewed himself as an “indispensable figure in achieving national consensus.” His lofty goal was nothing less than the eradication of political differences and a complete embrace of Whig principles and sensibilities. (We are still waiting for his version of transcendental harmony.) Alas, his yearning for consensus blunted his understanding of political events. He was surprisingly slow to grasp the moral dimension of slavery until the 1850s when violence erupted (i.e. Bleeding Kansas).

He abandoned his dream of consensus in favor of the North’s overwhelming strength to simply impose its will, saying “Let the erring states go in peace.” He then turned to badgering President Lincoln to negotiate a peace to stop the bloodshed – basically preserving slavery. Lincoln’s letter to the editor on Aug. 22, 1862, says it all: “If I could save the Union without freeing any slave, I would do it; and if I could save it by freeing all the slaves I would do it; and if I could save it by freeing some and leaving others alone, I would also do that.” The subtle wisdom not to expand the war into any of the border states is a point often overlooked.

In 1872, the famously eccentric editor from New York ran for president against Ulysses S. Grant, lost badly, and then died before the electoral votes were counted. Lincoln had likened Greeley to an “old shoe — good for nothing now, whatever he has been,” and Greeley himself perceived his failure. “I stand naked before my God, the most utterly, hopelessly wretched and undone of all who ever lived.”

Personally, I think not. (Seek thee proof … simply look around us today.)

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].

Presidential elections routinely deliver twists of fate

This Martin Van Buren rectangular sulfide sold for $11,250 at a February 2015 Heritage auction.

By Jim O’Neal

The Republic of Texas became an independent sovereign state on March 3, 1836. The United States recognized the legitimacy of the republic, but declined to annex the territory until Dec. 29, 1845, when it also became the 28th state. However, after the 1860 election of Republican Abraham Lincoln, the state of Texas, with a population that was about 30 percent Blacks (predominantly slaves), seceded from the Union. In 1861, Texas joined the Confederate States of America.

The well-known slogan “Six Flags over Texas” refers to the nations that governed Texas: Spain, France, Mexico, the Republic of Texas, the United States and the Southern Confederacy. Some historians claim that the last battle of the Civil War was fought in Texas at the Battle of Palmito Ranch on May 12-13, 1865. This may be technically correct, but it was after General Robert E. Lee surrendered to General Ulysses S. Grant at Appomattox (April 9) and President Jefferson Finis Davis dissolved the Confederacy (May 9). They also point out that the battle was a Confederate victory, which seems irrelevant.

Today, Texas is the second-largest state by area (Alaska is No. 1) and second largest in population (No. 1 is California).

The annexation of Texas occurred during the time the United States was rapidly expanding into the geographic area that would become the “Lower 48,” but deeply divided over the slavery issue that would plague national politics. The two-party system was still in an embryonic stage and hybrid political affiliations would result in unusual national elections.

A prime example is Martin Van Buren, vice president for Andrew Jackson from 1833-37 and the eighth man to serve in that position. In the election of 1836, he became the eighth president of the United States and the first to have been born (1782) after the American Revolution.

The election of 1836 was unusual since the recently formed Whig party was still sufficiently disorganized to the point they couldn’t agree on a single candidate to oppose Van Buren. In a highly questionable gamble, they decided to run four strong regional candidates with the hope they could deny Van Buren the opportunity to win a majority of the electoral votes and force the election into the House of Representatives. Despite having to run against four strong regional candidates, Van Buren won a majority of the electoral votes after winning a majority of the popular votes in both the North and South.

However, in a twist of fate, Van Buren’s vice president running mate, Richard M. Johnson, fell one electoral vote short when 23 Unfaithful Electors from Virginia refused to vote for Johnson due to their objections over his biracial marriage. So, for the first and only time (up till now), the United States Senate was required to hold a special election for the vice president. Johnson finally prevailed and served his four years as vice president for President Martin Van Buren. One could hope that this was an unfortunate anomaly, but they would be wrong.

When the Democrats met in Baltimore four years later in 1840 for their nominating convention, the incumbent president, Martin Van Buren, was renominated as expected. But VP Johnson ran into another political issue: the Democratic Party now considered him to be dead weight that would drag down the entire ticket. Even ex-President Andrew Jackson agreed and suggested they drop Johnson and replace him with a younger man … James K. Polk – the Speaker of the House. After the normal wrangling, they were still unable to agree and Martin Van Buren ran without a vice president!

This is only one of two elections (until 2020) where a major party did not have a vice presidential candidate on Election Day. The other was in 1912, when Vice President James S. Sherman (Republican) died six days before the election. You will not be surprised to learn that Martin Van Buren did not win the election and was replaced by William Henry Harrison as president and John Tyler, a Senator from Virginia, as vice president. Tyler took his oath of office on March 4, 1841. However, 30 days later, he was president of the United States when Harrison became the first president to die in office. Tyler was only 51 years old and the youngest president till that time.

Now skip forward 20 years to see how this sage evolved:

“At 4:30 a.m. April 12, 1861, a 10-inch mortar from Fort Johnson, on James Island, South Carolina, fired the first shot of the Civil War. Upon that signal, Confederate batteries from Sullivan’s Island, across Charleston Harbor, joined in. These were soon followed by a battery located at Cummings Point, which dominated Fort Sumpter from a distance of only a mile. The Civil War had begun.”

Epilogue: The hot heads in South Carolina were delirious with joy! They would chase these Yankees back North and whup their behinds in the process. President Jefferson Davis called up 100,000 troops to end this quickly. The old veterans yawned and predicted these cotton states would not last 30 days. Bull Run would demonstrate just how powerful the North was as they crushed these Southern rebels.

Welcome to your new job and shiny new home, Mr. Lincoln.

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].

Treaty ended lingering questions about Spain’s 300 years in North America

The Mexican War diary of Sgt. George W. Myers details his company’s travels and military exploits from the time they left Baltimore in February 1847 until they returned to New Orleans from Mexico in July 1848. It sold for $10,625 at a March 2014 Heritage auction.

By Jim O’Neal

The Treaty of Guadalupe Hidalgo (Feb. 2, 1848) was a remarkable document. Primarily it was intended to officially end the Mexican-American War (1846-48). After being ratified by both countries, it was proclaimed on July 5, 1848. The war had started in April 1846 after the U.S. Congress overwhelmingly voted to support President James Knox Polk’s recommendation. For too many years, there had been a distracting dispute over the Republic of Texas and Polk had finally decided to elevate the issue in his hierarchy of priorities. He had committed to serving a single four-year term as president and was determined to resolve this issue in the limited time available.

The United States may have already had a legitimate claim on Texas, depending on how the legal boundary of the 1803 Louisiana Purchase from France was imagined. Some claimed that Texas was included (in toto) in the vast territory the United States had acquired under President Jefferson. Precisely what had been purchased was not clear since the wording of the agreement was vague and did not specify exact boundaries. Negotiations had intentionally avoided this level of detail in a rush to complete the deal.

Earlier, before the establishment of fixed boundaries, a Constitutional issue had questioned whether a formal amendment was required since the Constitution did not contemplate actions of this nature. In the end, it was decided to simply approve the purchase using a Senate-approved treaty and the vote was 24-7. It actually took until 1819 to resolve the boundaries and the fact that there were now 30,000 American settlers in Texas made it a rather moot point. However, military action was required to resolve the issue permanently.

There had been a chance to annex Texas in 1836 after the former province won its independence from Mexico, but the possibility of a war with Mexico delayed any action. However, in 1844, President John Tyler initiated negotiations with the new Republic of Texas and a Treaty of Annexation was agreed to. The U.S. Congress soundly rejected the treaty ostensibly because of the war issue, but really because admitting Texas to the Union would disturb the delicate balance of “free states-slave states.” Texas was firmly a slave state and would later secede from the Union and join the Confederacy during the Civil War.

John Tyler was elected the 10th vice president in 1840 on a ticket topped by William Henry Harrison, a military man born in 1773 and the last president born as a British subject in the 13 Colonies. Harrison died 31 days after being inaugurated, thus becoming the first president to die in office. After a brief debate, since the Constitution didn’t include any rules on presidential secession, Vice President Tyler became the 10th president. He holds the dubious distinction of serving longer than any president in U.S. history not elected to the office (four years minus 31 days).

However, he lost support for re-election in 1844 and on Aug. 20 dropped out of the race. In return, President-elect James Knox Polk agreed to support the Texas annexation. Lame-duck President Tyler managed to get a joint-resolution of annexation approved on March 1, 1845 … just three days before Polk’s inauguration. Texas was admitted to the Union on Feb. 19, 1846.

Now it was time to conclude the war with Mexico and all the lingering questions about Spain’s 300 years in North America. The Treaty of Guadalupe Hidalgo was a convenient mechanism since the Mexican Army was defeated and the capital was occupied. For $15 million, Mexico ceded 55 percent of its total territory, including present-day Arizona, California, New Mexico, Texas, Colorado, Nevada and Utah. The Louisiana Purchase had doubled the size of the United States and this treaty doubled it again … along with providing access to the Pacific Ocean.

President Polk served his four-year term and, as promised, declined to run again. On Nov. 7, 1848 – in the first instance of all states casting presidential ballots on the same day – General Zachary Taylor was elected president. James Polk returned to his home in Nashville, Tenn., and died on June 15, 1849, a mere 103 days after the inauguration … the shortest retirement in history. His mother Jane Knox would die in 1852, marking the first time a president was outlived by his mother.

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].

Lewis Cass among most important yet least known 19th century politicians

A rare political campaign daguerreotype of Lewis Cass from 1848 sold for $17,925 at a February 2007 Heritage auction.

By Jim O’Neal

By 1848, slavery had inexorably become a national issue. Opinions were slowly but surely being formed, much as wet cement hardens while baking in the sun. Generally, most people agreed that slavery should be “hands off” and left alone in the 15 states where it already existed.

However, they disagreed violently over whether it should be permitted in new regions. Pro-slavers insisted it be allowed to follow the U.S. flag. But anti-slavery backers (primarily Northerners) strongly opposed expansion into federal territories. Their logic was impeccable. Strong containment policies would eventually lead to complete elimination everywhere. This was the same flawed thinking that the framers of the Constitution had tripped over when they permitted a 20-year phase-out period. Except the difference, of course, was that without this clause, there were not enough votes to ratify the Constitution. Deception? Probably, but there was an overarching priority in favor of ratification … kick it down the road … maybe it will just wither away.

Naturally, the political leaders of both the Whigs and Democrats were just as anxious to duck the issue entirely. Both parties relied on support from voters in every section of the country. However, the issue was now much too prominent and the slavery issue ended up playing a major role in the 1848 presidential election.

Meeting in Baltimore in May 1848, the Democrats were the first to select candidates. For president, they went for Michigan Senator Lewis Cass. He had been a territorial governor for years and would be the first Democratic candidate from the area known as the Northwest. Many years later (1861), as James Buchanan’s Secretary of State, he begged the president to send reinforcements to Fort Sumter to keep the South from raiding its guns and supplies. He resigned when Buchanan predictably refused; it was the only option the 79-year-old diplomat had to display his strong objections.

Cass was 6 years old when his mother held him up to the window of their home to watch the bonfires blazing in the streets of Exeter, when New Hampshire became the ninth and final state required to ratify the Constitution. When he resigned, he memorably said, “I saw the Constitution born, and I fear I may see it die.” The Constitution survived, but 620,000 Americans died in the war to preserve the Union.

Cass was solidly known as an advocate for “squatter sovereignty” – the right of settlers in federal territories to decide the slavery issue for themselves. At the Baltimore convention, the New York delegation quickly split over the selection of Cass for president, accompanied by a party platform that declined to take a firm stand on the extension of slavery. They simply walked out and, along with other anti-slavery people, organized the Free Soil Party, which was firmly dedicated to preventing slavery in all federal territories. They chose the hapless ex-President Martin Van Buren and Charles Francis Adams (son of the sixth president) with an unequivocal slogan: “Free Soil, Free Speech, Free Labor and Free Men.”

With the Democrats now divided, the Whigs made their choice at a convention in June in Philadelphia. Sticking to a “War Hero General” formula that proved to be successful, they confidently chose General Zachary Taylor of Louisiana, “Old Rough and Ready,” the hero of the recent war with Mexico. Many Whigs (including a young Abraham Lincoln) were appalled by the choice. Not only was he too old (64), but he had never been involved in politics! In fact, he had never even voted and admitted he knew little about national domestic issues.

Daniel Webster called him “an illiterate frontier colonel” and warned that many thousands of Whigs “will not vote for a candidate … simply because of a war record.”

Webster turned out to be terribly wrong and the party backed “Old Zach” just as they had selected “Old Tippecanoe” (William Henry Harrison) in 1840. Taylor easily beat Lewis Cass on Nov. 7, 1848 – the first presidential election that took place on the same day in every state and the first Election Day statutorily on a Tuesday.

Taylor died on July 9 two years later and was the last president elected who was not a Republican or a Democrat … a period of 198 years (yes, I know that Lincoln ran in 1864 for the Union Party after becoming the first Republican president in 1860). Third-party candidates do not do well … just ask Teddy Roosevelt.

Cass remains a good candidate for the most important yet least known of any politician in 19th century America.

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].

Peaceful transfer of presidential power is one of our strengths

Seven Days in May, starring Burt Lancaster and Kirk Douglas, is a 1964 movie about a military/political cabal’s planned takeover of the U.S. government.

By Jim O’Neal

It seems clear that one of the bedrock fundamentals that contributes to the stability of the U.S. government is the American presidency. Even considering the terrible consequences of the Civil War – 11 states seceding, 620,000 lives lost and widespread destruction – it’s important to remember that the federal government held together surprisingly well. The continuity of unbroken governance is a tribute to a success that is the envy of the world.

Naturally, the Constitution, our system of justice and the rule of law – along with all the other freedoms we cherish – are all critical contributors. But it’s been our leadership at the top that’s made it all possible. In fact, one could argue that having George Washington as the first president for a full eight years is equal in importance to all other factors. His unquestioned integrity and broad admiration, in addition to precedent-setting actions, got us safely on the road to success despite many of the governed being loyal to the British Crown.

Since that first election in 1789, 44 different men have held the office of president (Grover Cleveland for two separate terms), and six of them are alive today. I agree with Henry Adams, who argued, “A president should resemble a captain of a ship at sea. He must have a helm to grasp, a course to steer, a port to seek. Without headway, the ship would arrive nowhere and perpetual calm is as detrimental to purpose as a perpetual hurricane.” The president is the one who must steer the ship, as a CEO leads an organization, be it small or large.

In the 229 intervening years, there have been brief periods of uncertainty, primarily due to vague Constitutional language. The first occurred in 1800, when two Federalists each received 73 electoral votes. It was assumed that Thomas Jefferson would be president and Aaron Burr would be vice president. The wily Burr spotted an opportunity and refused to concede, forcing the decision into the House. Jefferson and Burr remained tied for 35 ballots until Alexander Hamilton (convinced that Jefferson was the lesser of two evils) swayed a few votes to Jefferson, who won on the 36th ballot. This technical glitch was modified by the 12th Amendment in 1804 by requiring an elector to pick both a president and a vice president to avoid any uncertainty.

A second blip occurred after William Henry Harrison and John Tyler defeated incumbent Martin Van Buren. At age 68, Harrison was the oldest to be sworn in as president, a record he held until Ronald Reagan’s inauguration in 1981 at age 69. Harrison died 31 days after his inauguration (also a record), the first time a president had died in office. A controversy arose over the successor. The Presidential Succession Act of 1792 specifically provided for a special election in the event of a double vacancy, but the Constitution was not specific regarding just the presidency.

Vice President Tyler, at age 51, would be the youngest man to assume leadership. He was well educated, intelligent and experienced in governance. However, the Cabinet met and concluded he should bear the title of “Vice President, Acting as President” and addressed him as Mr. Vice President. Ignoring the Cabinet, Tyler was confident that the powers and duties fell to him automatically and immediately as soon as Harrison had died. He moved quickly to make this known, but doubts persisted and many arguments followed until the Senate voted 38 to 8 to recognize Tyler as the president of the United States. (It was not until 1967 that the 25th Amendment formally stipulated that the vice president becomes president, as opposed to acting president, when a president dies, resigns or is removed from office.)

In July 1933, an extraordinary meeting was held by a group of disgruntled financiers and Gen. Smedley Butler, a recently retired, two-time Medal of Honor winner. According to official Congressional testimony, Smedley claimed the group proposed to overthrow President Franklin Roosevelt because of the implications of his socialistic New Deal agenda that would create enormous federal deficits if allowed to proceed.

Smiley Darlington Butler was a U.S. Marine Corps major general – the highest rank authorized and the most decorated Marine in U.S. history. Butler (1881-1940) testified in a closed session that his role in the conspiracy was to issue an ultimatum to the president: FDR was to immediately announce he was incapacitated due to his crippling polio and needed to resign. If the president refused, Butler would march on the White House with 500,000 war veterans and force him out of power. Butler claimed he refused the offer despite being offered $3 million and the backing of J.P. Morgan’s bank and other important financial institutions.

A special committee of the House of Representatives (a forerunner to the Committee on Un-American Activities) headed by John McCormack of Massachusetts heard all the testimony in secret, but no additional investigations or prosecutions were launched. The New York Times thought it was all a hoax, despite supporting evidence. Later, President Kennedy privately mused that he thought a coup d’état might succeed if a future president thwarted the generals too many times, as he had done during the Bay of Pigs crisis. He cited a military plot like the one in the 1962 book Seven Days in May, which was turned into a 1964 movie starring Burt Lancaster and Kirk Douglas.

In reality, the peaceful transfer of power from one president to the next is one of the most resilient features of the American Constitution and we owe a deep debt of gratitude to the framers and the leaders who have served us so well.

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].