Chicago World’s Fair was More Than a Ferris Wheel, Buffalo Bill and Commemorative Coins

1893-worlds-columbian-exposition-admittance-ticket
A group of 18 World’s Columbian Exposition tickets, including this scarce Benjamin Franklin piece, realized $1,265 at a January 2011 Heritage auction.

By Jim O’Neal

In 2003, bestselling author Erik Larson wrote The Devil in The White City, a non-fiction narrative of a serial killer who murdered up to 200 people using the 1893 World’s Columbian Exposition (the Chicago World’s Fair) as a backdrop. Leonardo DiCaprio reportedly has the film rights and Martin Scorsese will direct.

There was a lot of competition for the fair between Chicago and New York City. NYC bolstered their bid when Cornelius Vanderbilt, William Waldorf Astor and J.P. Morgan pledged $15 million in support. But Chicago prevailed by matching the $15 million from Marshall Field, Philip Armour and Gustavus Swift (of meatpacking fame, who sold “Everything but the squeal,” a highly effective slogan highlighting how they used all animal parts to make other products and eliminate pollution).

However, what sealed the deal was a pledge by Lyman Gage, president of the powerful First National Bank of Chicago, to provide millions of dollars to help finance exhibitors. Gage would later serve as the 42nd Secretary of the Treasury under both William McKinley and Teddy Roosevelt.

Chicago was eager to host the event and demonstrate how much progress they had made after the disastrous Fire of 1871 involving Mrs. O’Leary’s cow. They painted so many stucco buildings white and had new electric lights illuminating so many streets that they earned the nickname “The White City.” They successfully conveyed the image of fresh, sanitary and new. There was also a major initiative called City Beautiful that included cleaning up trash in streets, empty lots and alleys.

A major mistake they made was denying William Frederick Cody (“Buffalo Bill”) permission to perform his famous Wild West Show. Ever the shrewd businessman, he simply set up shop outside the fairgrounds and siphoned off customers. However, the fair’s shaky finances received a big boost when Pittsburgh-based bridge maker George Ferris debuted his new invention – a 264-foot-tall Ferris Wheel. It could accommodate 2,160 people at a time and with a fare of 50 cents (double the cost of a fair ticket), it bailed out the fair and wiped out a big budget deficit.

The federal government also pitched in with the introduction of the country’s first postcards, a new commemorative stamp, and two new commemorative coins. One was a quarter featuring Queen Isabella – who financed the voyage of Columbus. It was the first time a U.S. coin honored a woman. The other was the 50-cent commemorative Columbus coin, both still popular with coin collectors today. The entire fair was an homage to Columbus, celebrating his voyage 400 years earlier, despite being one year late.

On July 12, American historian Frederick Jackson Turner skipped the Wild West Show and the docking of a replica from Norway of a Viking ship – just two of the hundreds of events that attracted up to 28 million spectators to the fair. Turner opted to put some finishing touches on his thesis before delivery at the Art Institute of Chicago that night.

More on his historic speech in my next post.

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].

Deep Divisions Within a Political Party Nothing New

andy-warhols-screenprint-teddy-roosevelt
Andy Warhol’s screenprint Teddy Roosevelt (from the Cowboys and Indians portfolio), 1986, ed. 183/250, realized $23,750 at a May 2013 Heritage auction.

By Jim O’Neal

Theodore Roosevelt assumed the presidency in September 1901 following the assassination of William McKinley. Teddy was 42 years old and remains the youngest man to hold the office (JFK was 43).

When reelected in 1904, it was the first time an incumbent president won reelection after ascending to the presidency upon the death of his predecessor. Calvin Coolidge (1924), Harry S. Truman (1948) and Lyndon B. Johnson (1964) would later match this historic first.

When 1908 rolled around, TR honored his earlier pledge “not to seek a third term” and then maneuvered his associate William Howard Taft into the White House.

At the time, it seemed like a sound strategic transition for the Republicans. But it would turn out to be a colossal mistake that would grow in importance and haunt Roosevelt for the rest of his life.

When he returned from the historic Smithsonian-Roosevelt African Expedition two years later, the group had collected 11,400 animal specimens that took Smithsonian naturalists eight years to catalog. And the political animals had also been busy during his absence.

A major rift developed between President Taft and TR over policies that had become administration priorities. This, in turn, caused a deep divide in the Republican Party that could not be reconciled. It was so serious that neither faction could generate enough support to defeat Democrat Woodrow Wilson in the 1912 election.

Later, many politicians were convinced that Roosevelt was still popular enough to seriously contend for the 1920 Republican nomination. However, this conjecture was never tested since the mighty Bull Moose’s health was broken and he died on Jan. 6, 1919.

He still regretted making “that damn pledge not to run in 1908” and took it with him to the grave.

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].

President McKinley’s Popularity Soared Despite ‘Imperialist’ Charges

william-mckinley-beaver-top-hat-with-leather-traveling-case
President McKinley’s beaver top hat and leather traveling case realized $17,925 at a December 2008 Heritage auction.

By Jim O’Neal

Exactly 115 years ago this week, on Sept. 14, 1901, the 25th president of the United States, William McKinley, died from an assassin’s bullet. He had been shot on Sept. 6 in Buffalo, N.Y., while attending the Pan-American Exposition.

As he stood shaking hands with a long line of well-wishers at the Temple of Music, a man approached with his right hand wrapped in a handkerchief. As McKinley extended his hand to the man, Leon Czolgosz, a Polish-American anarchist, he was shot twice by a concealed .32-caliber revolver. One bullet deflected off a suit button, but the other entered his stomach, passed through a kidney and lodged in his back.

When doctors operated, they were unable to locate the bullet and he died eight days later from the spread of gangrene throughout his body. It was eerily similar to the assassination of President James Garfield 20 years earlier. He had been shot on July 2, 1881, and did not die until Sept. 19. Again, his doctors were unable to locate the bullet and he suffered for over two months as they probed the wound with their unsanitary hands and instruments until they killed him.

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McKinley

Both men would have easily survived if they had the benefit of modern medicine. By the time of McKinley’s death, the X-ray had been invented and doctors in the Balkan war in 1897 were using it to “see inside patients’ bodies.” However, the possible side effects of radiation were not yet recognized.

William McKinley had entered politics following the Civil War and at age 34 was a member of the House of Representatives for 14 years before losing in 1890. He then served two terms as governor of Ohio and by 1896 was the leading Republican candidate for president. Aided by wealthy Ohio industrialist Mark Hanna, he easily defeated Democrat William Jennings Bryan by the largest margin since the Civil War.

During his first term, McKinley earned a reputation as a protectionist by advocating high tariffs to protect American business and labor from foreign imports. He was a staunch supporter of the gold standard to back up paper money. However, foreign policy became a major issue in April 1898 when the United States intervened in the Cuban struggle for independence from Spain. The Spanish-American War was over in a quick three months and Cuba became a U.S. protectorate. This was followed by the annexation of Puerto Rico, Guam and the Philippines.

Suddenly, the United States had become a colonialist power, with a big interest in Asia, especially China.

President McKinley’s popularity soared during these economic boom times, and despite charges of being an “imperialist,” his margin of victory over William Jennings Bryan was even greater in the 1900 presidential rematch. Theodore Roosevelt was selected as McKinley’s vice president – against Mark Hanna’s strong objections – and naturally became president after McKinley’s unfortunate death.

Teddy “The Rough Rider” Roosevelt, who had charged up San Juan Hill, would bring a new level of energy and spirit to the White House. All Mark Hanna could do was watch and grouse, “Now look! That damn cowboy is president!”

The nation seemed to do just fine.

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].

Big-Money Elections Date Back More than 100 Years

Marcus Alonzo Hanna is considered one of the earliest “kingmakers” in American politics.

By Jim O’Neal

Bernie Sanders just announced his campaign has raised an astounding $222 million to date, with 99 percent coming from individuals!

Money has always been a factor in politics, however, modern political fundraising really got going in 1896 when William McKinley ran for president. It was due to the innovation of a successful Cleveland businessman who had made his personal fortune in the coal and iron industry.

Marcus Alonzo Hanna (1837-1904) was rejected for participation in the local Civil Service Reform Association, so he opted for the world of politics instead. He had some quirky habits like gorging on hard candy, eating chocolates by the box and a belief that government existed to serve business. He preferred the company of other wealthy men and scoffed at books and scholars alike.

He became recognized as the Republican Party boss of Ohio, a state that had produced Supreme Court Justices, presidential cabinet members, and five presidents (this would later increase to eight … the record). Ohio was a wonderful training ground for national politics.

Hanna had successfully backed McKinley (former congressman) for Ohio governor in 1892 and rescued him from bankruptcy in 1893 by paying off a $30,000 business debt. Three years later, he became McKinley’s full-time presidential campaign strategist after spending $100,000 of his personal money securing the Republican nomination for McKinley.

Hanna then positioned McKinley perfectly for the 1896 general election, first by successfully blaming the Democrats for the Panic of 1893 and then becoming the precursor of the modern media consultant. He controlled the political schedule and tailored a message that fit the strategy of the campaign. He insisted that McKinley simply sit on his front porch in Canton, Ohio, receive delegations from all over the country and occasionally issue a carefully worded public speech.

Even the railroads cooperated by reducing fares for Canton-bound Republican delegations. They flocked by the trainload. In a single day, McKinley spoke to 80,000 people, who in turn exchanged greetings and pledged their loyalty. Meanwhile, hundreds of orators crisscrossed the country spreading the word of the Ohio Republican. The campaign paid for the trips and Hanna personally approved every itinerary and all invoices.

Then they countered every speech by Democratic rival William Jennings Bryan by printing millions of documents in German, French, Italian, Dutch, Hebrew and Spanish and then distributing them in closely contested states. This combination of messaging and pamphleteering on such a vast scale cost more money than had ever been spent on any political campaign. New York banks, insurance companies and millionaires were expected to kick in 0.25 percent of their capital and even John D. Rockefeller’s Standard Oil Co. contributed $250,000!

The result was an overwhelming victory and legislators have been chasing “campaign finance reform” ever since. I wish them luck, as the price for admission today is a cool billion dollars. Even Mark Hanna might be shocked by today’s election economics, but I suspect he would adapt rather easily. He was one smart dude!

P.S. Hanna also made it into the U.S. Senate a couple of times before dying in 1904.

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].

Lincoln Family Saw Great Success, But Also Seemed Cursed

This Robert Todd Lincoln carte de visite dates to 1861, when he was 18 years old.

By Jim O’Neal

Many historians cling to the belief that Robert Todd Lincoln was the most successful of all presidential children, including those who also became president. He was one of the best businessmen of his generation, a powerful and celebrated figure in society and a public servant. He was a cabinet member in two different administrations and a superb diplomat in another.

He was also present at many famous events.

As a late entrant into the Civil War, he was a member of Major General U.S. Grant’s personal staff and was there when Robert E. Lee surrendered at the McLean House near Appomattox. He actually witnessed the formal signing. Three months later, he was at his father’s side when he died and then accompanied his mother back to the White House. She was too bereaved to attend the funeral or to accompany the body back to Springfield.

Robert performed both of these tasks with poise and dignity. Later, he would be close by when both presidents James A. Garfield and William McKinley were assassinated.

But the Lincoln family almost seemed cursed. Mary Todd Lincoln grew more erratic and confused. In the spring of 1875, distraught and humiliated by her behavior, Robert Lincoln decided to have his mother committed to an insane asylum. He had her followed by Pinkerton agency detectives to record her activities, enlisted six of Chicago’s finest doctors to testify (none of whom examined her), hired her an attorney, and then conspired with the prosecutor to ensure a consistent story for the court.

After her husband’s assassination, Mary Todd Lincoln returned to Illinois, where she lived with her sons.

On May 9, 1875, Mary Lincoln was taken to a public courtroom where she was confronted by this cabal. Her attorney cross-examined no witnesses and called none of his own, including Mary Lincoln. The final witness was Robert Lincoln, who provided the coup de grace. “I have no doubt my mother is insane. She has been a source of great anxiety to me.”

The only example of Mary Lincoln’s sanity occurred when she devised a clever scheme to get a release from the Bellevue asylum in Batavia, Ill., where she had been confined. She then made it to her sister’s house in Springfield and then on to Europe, fearful that Robert would strike again.

Mary Todd Lincoln spent her final years in anonymity and loneliness in the trendy resort village of Pau, France, near the Spanish border. Referring to Robert, her only remaining son, as a “wicked monster,” she insisted in her letters that even his father had always disliked him. Dismissed by the public as “crazy,” she subsisted for many years as an exile in a foreign country, relying on her presidential widow’s pension and fluent French.

Finally, in 1882, Mrs. Abraham Lincoln returned home to Springfield, but even her death was not an easy affair. At the end, she was covered with boils, almost completely paralyzed and blind. She died on July 16, 1882, after a severe stroke. She was 63 years old.

An autopsy revealed a cerebral disease she had for years and her entire estate was inherited by her surviving son, the “wicked monster” Robert Todd Lincoln.

Historians have a wide array of criteria to judge greatness. Obviously, family harmony is not one of them.

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].

Intraparty Feuding Over Presidential Politics Not New

This 1900 William McKinley reelection poster realized $17,925 at a May 2010 auction.

By Jim O’Neal

“Now look! That damn cowboy is president!” – Mark Hanna (1901)

Major William McKinley was the last veteran of the Civil War to be nominated for president by any party. With the backing of Ohio businessman and U.S. Senator Mark Hanna, McKinley won the 1896 presidential election and was inaugurated on March 4, 1897. This was the last presidential inauguration of the 19th century and the first to be recorded on film.

His vice president, Garret Hobart, died in 1899 at age 55 from heart disease. He would become the last man to serve in that office in the 19th century and the last vice president to die while in office. The vice presidency was then vacant until the next election.

As the incumbent, McKinley was the strong favorite in 1900, but a major dispute erupted over the choice for VP. There was a lot of support for Theodore Roosevelt after his high-profile exploits in the Spanish-American War, however, “King Maker” Hanna was very much opposed. He viewed TR as a maverick who would be hard to control and made his opinion well known:

“Matter! Matter! Why, everybody’s gone crazy. What is the matter with all of you? Here’s this convention going headlong for Roosevelt for vice president! Any of you realize that there’s only one life between that madman and the presidency? … What harm can he do as governor of New York compared to the damage he will do as president if McKinley should die?”

There was also a major dispute over the party platform, and the new Silver Republican Party decided to back Democrat William Jennings Bryan when the main Republican Party supported the gold standard. Silver Republicans included the senators from Utah, Idaho, Colorado, South Dakota, Montana and Nevada.

Of course, McKinley did win the election and after he was assassinated in 1901, that “damn cowboy” did become president. By then, Hanna’s health was failing and he and the new president reached an accommodation. TR would stop calling him “old man” and Hanna would stop calling Roosevelt “Teddy” (he disliked that name). The Silver Republican Party faded away and the 20th century was waiting impatiently.

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].