Taber Bills

In 1799, Massachusetts passed a law restricting private banking companies from issuing their own currency notes without the consent of the legislature. This was well intended: If unlimited paper money were allowed to circulate, the resulting inflation would play havoc with the finances of ordinary people.

Unfortunately, the result was that legitimate currency became harder and harder to find. In Maine, where only a single bank existed, people were increasingly desperate for currency, and so the Portland merchant John Taber began to circulate notes for 1, 2, 3, and 4 dollars, payable to the bearer in silver on demand, despite the law:

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This worked for a while, propped up by Taber’s reputation. But Taber’s profligate son Daniel began to print bills for his own use as he needed them, and when Massachusetts repealed its law John Taber and Son were forced into bankruptcy.

When it was over, Taber approached his old partner Samuel Hussey, who owed him $60. Hussey invited him into his counting room, counted out the amount in Taber’s own now-worthless bills, and asked for a receipt.

Taber said nervously, “Now, thee knows, friend Hussey, this money is not good now.”

“Well, well, that is not my fault,” said Hussey. “Thee ought to have made it better.”

(From the Collections and Proceedings of the Maine Historical Society, 1898.)

Unquote

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“Happiness, whether consisting in pleasure or virtue, or both, is more often found with those who are highly cultivated in their minds and in their character, and have only a moderate share of external goods, than among those who possess external goods to a useless extent but are deficient in higher qualities.” — Aristotle

“Money only appeals to selfishness and always tempts its owners irresistibly to abuse it. Can anyone imagine Moses, Jesus, or Gandhi armed with the money-bags of Carnegie?” — Albert Einstein, The World As I See It, 1949

Where wealth and freedom reign, contentment fails,
And honour sinks where commerce long prevails.

— Oliver Goldsmith, The Traveller, 1764

“The essence of philosophy is that a man should so live that his happiness shall depend as little as possible on external things.” – Epictetus

“The most necessary disposition to relish pleasures is to know how to be without them.” — Marquise de Lambert, A Mother’s Advice to Her Son, 1726

“It is preoccupation with possessions, more than anything else, that prevents us from living freely and nobly.” — Bertrand Russell

“Who is rich? He that is content. Who is that? Nobody.” — Benjamin Franklin

Food Fight

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W.S. Gilbert’s neighbor in the country was a partner in a firm that was famous for its relishes, pickles, jams, jellies, and preserves. He had been made a baronet but “had grown very touchy about the source of his wealth and his title,” recalled DeWolf Hopper, “and was rather a hoity-toity neighbor.”

One day Gilbert’s dogs killed some pheasants on the man’s property, and he wrote a curt note of protest to the author. Gilbert wrote back:

Dear Sir Alfred:

I am extremely sorry about the loss of your pheasants, and I am taking steps to prevent my dogs from trespassing on your preserves in the future.

Sincerely,

W.S. Gilbert

P.S. You will pardon my use of the word ‘preserves,’ won’t you?

In his 1927 autobiography, Hopper also recalls:

Someone once challenged Gilbert to make up a verse offhand riming the words ‘Timbuctoo’ and ‘cassowary’. He studied for a moment and recited:

If I were a cassowary in Timbuctoo,
I’d eat a missionary and his hymn book too.

Practical Politics

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On May 22, 1856, South Carolina representative Preston Brooks approached Massachusetts senator Charles Sumner as he sat writing at his desk in the U.S. Senate chamber. “Mr. Sumner,” he said, “I have read your speech twice over carefully. It is a libel on South Carolina, and Mr. Butler, who is a relative of mine.” Then he began to beat Sumner savagely with his gold-headed walking cane. Blinded with blood, Sumner at first was trapped under the desk, which was bolted to the floor, but he wrenched it free and staggered up the aisle, Brooks raining blows on his head until the cane snapped and Sumner collapsed unconscious. Even then Brooks held him by the lapel and continued to beat him with half the cane until the two were separated.

Sumner had denounced South Carolina senator Andrew Butler in a speech two days earlier in a dispute over slavery in the new territories of Kansas and Nebraska. Brooks was convicted of assault and fined $300, but he received no prison sentence, and his constituents returned him to office. Pro-slavery Southerners sent him hundreds of new canes, one inscribed “Hit him again.”

On Nov. 9, 1889, Col. A.M. Swope encountered Col. William Cassius Goodloe in the corridor of the Lexington, Ky., post office. The two had been battling for control of the state Republican party, and tragically they had adjoining mailboxes.

“You obstruct the way,” said Goodloe.

“You spoke to me,” said Swope. “You insulted me.”

Goodloe drew a knife. Swope drew a Smith & Wesson .38. Goodloe stabbed Swope 13 times, piercing his heart and nearly cutting off his hand. Swope shot Goodloe twice, tearing up his belly and setting his clothes afire. Swope died on the post office floor, and Goodloe staggered to a doctor’s office. He died two days later.

One witness said he never thought he would witness “such a magnificent display of manly courage and bravery.” Goodloe’s uncle, Cassius M. Clay, said of his nephew’s conduct, “I couldn’t have done better myself.”

Observations

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More maxims of La Rochefoucauld:

  • “We endeavour to get Reputation by those Faults we won’t amend.”
  • “We never desire vehemently what we desire rationally.”
  • “Whatever Distrust we may have of People’s Sincerity, we always believe they are more ingenuous with us than with any body else.”
  • “We promise according to our Hopes, and perform according to our Fears.”
  • “Repentance is not so much Remorse for what we have done, as Fear of its Consequences.”
  • “Our Enemies come nearer the Truth in their Judgment of us, than we do ourselves.”
  • “We don’t despise all those who have Vices, but we despise all those who have no Virtues.”
  • “None but such as are contemptible are apprehensive of Contempt.”
  • “That Conduct often seems ridiculous the secret Reasons of which are wise and solid.”
  • “Censorious as the World is, it oftner shews Favour to false Merit, than it does Injustice to true.”
  • “Our Fancy sets the Value on all we receive from Fortune.”

And “We take less Pains to be happy, as to appear so.”

Love Walks In

Personal ads from the New York Herald in the 1860s:

IF THE LADY WHO, FROM AN OMNIBUS, SMILED on a gentleman with a bunch of bananas in his hand, as he crossed Wall street, corner of Broadway, will address X., box 6,735 Post office, she will confer a favor. (March 21, 1866)

ON WEDNESDAY AFTERNOON A LADY WITH black silk quilted hat walked nearly side by side with a gentleman in a drab overcoat from Tenth to Fourteenth street, in Broadway. Both were annoyed by the wind and dust. Her smile has haunted him ever since. Will she send her address to Carl, Union square Post office? (March 8, 1861)

BOOTH’S THEATRE, THURSDAY EVENING, 11TH. Will the lady who met the gent’s gaze through an opera glass and smiled please address, in confidence, Harry Wilton, Herald office? (March 13, 1869)

A YEAR AGO LAST SEPTEMBER OR OCTOBER TWO ladies with a child were travelling on the Hudson River cars, one of whom offered a seat to a middle aged gentleman, with light whiskers or goatee, slightly gray, who kindly pointed out to her the red leaved trees, and said he had a number of them on his place, and made himself otherwise agreeable; and when she was leaving him (ten miles this side of where he stopped) gave her a parting embrace, which she has never been able to forget. If the gentleman has any recollection of the circumstance he will greatly oblige by addressing a note to Lena Bigelow, Madison square Post office, giving some description of the lady, also name of the paper he gave her. (Jan. 25, 1862)

Forward and Back

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When my brother and I built and flew the first man-carrying flying machine, we thought that we were introducing into the world an invention which would make further wars practically impossible. That we were not alone in this thought is evidenced by the fact that the French Peace Society presented us with medals on account of our invention. We thought governments would realize the impossibility of winning by surprise attacks, and that no country would enter into war with another of equal size when it knew that it would have to win by simply wearing out its enemy.

— Orville Wright to C.M. Hitchcock, June 21, 1917

Ballot Measures

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One of democracy’s ideals is egalitarianism: Each person gets one vote, and all votes are equally consequential, so that all people have equal power over the world. For that reason we consider it improper for one person to vote twice in the same election. But then shouldn’t we also consider it improper for dual citizens to cast votes in two different places?

It’s true that dual citizens vote in different elections, but they’re still exercising twice as much power over the world as other voters. And it’s true that power is already unequally distributed among the world’s voters, but this is no reason to shrink from the ideal.

The fact that a dual citizen has the legal right to cast two ballots doesn’t mean that this accords with democratic principles. Suppose that Texas passed a law saying that any native-born Texan can vote in Texas, regardless of where he currently lives. Then a Texan living in Pennsylvania could cast ballots in both states, whereas a native Pennsylvanian could vote only once. This might be legal, but we would object morally to the unfairness of such a law.

Given the unequal influence of the world’s nations, one idealistic way to equalize power among all voters would be to give everyone a right to vote in every election, everywhere. This would give each of us an equal amount of power over the world. “That vision remains pretty visionary, we concede,” write Robert E. Goodin and Ana Tanasoca. “Still, visions matter.”

(Robert E. Goodin and Ana Tanasoca, “Double Voting,” Australasian Journal of Philosophy, vol. 92, no. 4, 743-758.)

Outdone

Eleven fenmen from the Isle of Ely, being employed by Sir John Griffin, in training a part of his park at Audley End, went one evening to the Inn called The Hoops, to drink. After getting a little spirited, they told the maid, they would give sixpence each to fetch them as much beer they could drink, in half-pints out of the cellar; if they tired her, she was to pay for the liquor; if she tired them, they were to pay for the whole. The girl accepted the bet, although she had been washing all the day, and drew them 517 single half-pints, before they gave out, which were all drank by the said men. The distance from the room where they sat, to the tap, was measured, from which it appears she walked near 12 miles in fetching it; and the quantity of liquor drank by each man was about three gallons in three hours. The above is the real fact.

Police Gazette, Feb. 17, 1775

City Life

$25 DOLLAR reward will be paid for the detection of the cowardly thief, who is in the habit of sneaking and creeping up to the door of No. 10, City Hall Place, and stealing the Sun newspaper from under the door. The above reward will be paid for the information left at the Sun office: and a regular roasting is promised the low, guilty, nigardly thief.

New York Sun, Feb. 29, 1840