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Tuesday, March 26, 2019

IN MEMORIUM; WILLIAM HUSKINSON, M.P.

I hate to admit it but Marcel Proust was probably right. Even people who know history tend to repeat the same idiotic mistakes their grandfathers made, who were, of course, repeating their grandfather’s mistakes - Etc. ad naseum. As proof of this dismaying lack of a learning curve in humans I give you the noble sacrifice of the Right Honorable William Huskisson, Minister of Parliament (above). If Christ died for our sins, then William Huskisson died to prove that the human species are morons.
On 15 September, 1830, the first steam powered passenger rail line opened between Manchester and Liverpool, England. Riding in the inaugural train from Liverpool was Mr. Huskisson, stewing over a political beef he had with then Prime Minister, the Duke of Wellington. (Get it? Stewing over Beef Wellington?) When the train stopped at Parksdale station, 17 miles outside of Liverpool, to take on water, Huskisson disembarked, the better to harass the Duke, who was riding in the last car of the same train. As he reached through that car’s window to shake the reluctant Dukes’ shoulder,  the inaugural train out of Manchester roared through the station at the unheard of speed of 25 miles per hour. Mr. Huskisson froze in a panic. The Duke tried to pull Huskisson into his car, but the westbound train was faster than the Duke. It crushed Huskisson’s foot and pulled his leg under the wheels and further mangled it. His death later that night in great agony made headlines all across England - Train Kills Man. And William Huskisson was the first. Maybe they should have left more space between the two tracks.
In the 175 years since it has become a given that to be killed by a train you have to be an idiot. I mean, it’s not as if trains swerved and hit people at random. Pretty much you have to be on the train tracks to be hit by a train. See tracks, look for train. See train, get off tracks. But according to the U.S. Department of Transportation some 2,618 stupid pedestrians and drivers in this country were killed by trains in 2010.
But are people stupider for being hit by trains, or are the rest of us stupider for not noticing the consistency with which people avoid crossing guards and ignore flashing warning lights or who look but don’t see a huge locomotive barreling down upon them? Could it not be that perhaps having several thousand tons of steel, which may take a mile to stop, rushing through our neighborhoods “at grade” for the last 170 years constituted a fundamental design flaw? Perhaps being hit by a train is never entirely the victim’s fault. After all, just how smart are engineers who don’t allow for human stupidity in their designs?
I bring all this up to point out that the geniuses who operate the lovely Golden Gate Bridge in San Francisco have finally begun to build a suicide barrier on their lovely bridge. Construction finally started in August of 2018. The idea was to put something between the potential suicide and the empty space hundreds of feet above the cold ocean water besides a simple waist high railing.
Since the lovely Golden Gate opened on 27 May, 1937, more than 1,700 people  have jumped from the lovely span, dropping 250 feet into the cold water,. Perhaps they were foolish enough to think their suicide would be a romantic  graceful swan dive which would end by hitting the salt water at something around 75 miles per hour. At that speed water behaves much like concrete, and if you haven’t seen a jumper who has hit concrete, I highly recommend you avoid seeing one or being one. But, more bad news, amazingly, a surprising number of people survive the initial impact. They have multiple broken bones and internal injuries, but most then drown, while in extreme agony.  One worker who admits to witnessing 4 survivors pulled from the water pointed out, "They don't want to hurt themselves. They just want to end it all."  
The original design for the bridge had a higher barrier but Joseph Strauss, who was the head designer, was a short guy, and he rejected it because it would have blocked his view. The next serious proposal for a barrier on the pedestrian walkway did not come until the 1970’s, after some 600 people had already clambered over the railing. Of course, once the idea was suggested the Metropolitan Transportation Commission, which operates the bridge, and the citizens of San Francisco who own it, they all slapped themselves in their collective foreheads and said, “Well, duh!”  Unfortunately, they did not.
The idea was rejected. And rejected again in 1998. And the arguments against a barrier were just….well, stupid. Said the opponents, “If people can’t jump off this bridge, they’ll just jump off some other bridge”. That may be true, but so what? Do we NOT put STOP signs at an intersection because if people don’t collide there, they’ll just crash at some other intersection?
Said the unadorned bridge's defenders, “Why should everybody pay for a barrier to save the lives of a small minority?” By that reasoning, all those suicides were sacrificed so a pint sized engineer could have an unobstructed view of San Francisco Bay -  on those rare days when the fog did not obstruct everybodies' view.  And he's been dead for a few years, so could we just let go of that argument? It all seems particularly silly, when you remember that the members of the M.T.C. always agreed to a barrier to prevent pedestrians and bicyclists from falling onto the roadway, but remained opposed to one to prevent people from jumping or falling the other way, into the bay. Stupid.
Finally, on August 20, 2010, the M.T.C. accepted the design for a steel catch mat, which will hang 20 feet below the bridge and extend 20 feet out over the water.  Too far for the average person to jump. So why did stupid San Francisco suddenly get smart? Well, in 2006 filmmaker Eric Steel released the ultimate snuff film, "The Bridge", staring the lovely Golden Gate Bridge. Over three years Steel had sought to capture the many moods of the bridge by just pointing a camera at the bridge and letting it run. In doing so he had also inadvertently captured 19 suicides on film. When his film was released the public image of the lovely bridge was not so lovely anymore. Of course, the M.T. C. has decided that the $200 million to build the suicide barrier "will not come from bridge toll revenues".   Isn't that the kind of thinking that originally led to those 1,700 deaths?
 Well, given enough time, Mr. Huskisson, perhaps your death will have meaning after all. Someday.
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Sunday, March 24, 2019

GEORGIA PEACHES Chapter Nine

I think Patrick Henry's death may have been a release. At the urging of George Washington, in the spring of 1799, Patrick stood for one last election - for the Virginia House of Delegates. He ran as a Federalist. That may seem an odd for a man who had  opposed the new Federal Constitution, and Hamilton's Bank of the United States. What swayed his thinking was the threat of war with France  – which never came.  Patrick won his last election, but he never occupied his seat. He died of stomach cancer on 6 June, 1799. His second wife, Dorothea, quickly married Patrick's friend, Judge Edmund Wilson, thus protecting the family investments from predators who might have cheated a naive widow, probably a predator like  Senator James Gunn..
Once the details of the Yazoo Land sale became public, Senator Gunn was almost universally despised. But six years later he was still a United States Senator. Toward the end of his term he announced he was “disgusted with everything connected with public life” - it was certainly disgusted with him.  In March of 1801 he returned to the old state capital of Louisville, Georgia and at the end of July 1801, in a room full of people, James Gunn died so quietly no one noticed he was dead for several minutes. That would have galled him. One obituary called him “General Yazoo”, a reminder of those runaway slaves he had murdered so many years before, and the millions he had tried to steal from the  tax payers.  A kinder obituary hoped he was “beyond the reach of friendship, or of hatred.”  Not me.
James Jackson was twice elected Governor of Georgia. In his first two year term he personally wrote sections 23 and 24 of the new Georgia constitution, which insured that " “no...order shall pass the General Assembly, granting a donation or gratuity in favor of any person whatever...” except by a two-thirds vote.  During his second term he finally disposed of the temptation of the Yazoo Lands by selling them to the Federal Government for $1,250,000. Georgia was no longer broke.
And when the “Prince of Duels” died on 19 March, 1806, no one was more surprised and disappointed than James Jackson, that he met his demise quietly in his own bed.
And so most of the speculators who tried to profit from the selling the Yazoo swamp  -  Patrick Henry, David Ross, Robert Morris, John Nicholson, James Wilson and James Gunn - most lost everything. Taking a profit would be up to the next generation of “land jobbers”, starting with John Peck, and his partner in “ legal crime”, Robert Fletcher.
The story goes - and it was a fictional story - that on 14 May, 1803, 75 year old John Peck sold to 43 year old Robert Fletcher 15,000 acres of Yazoo land around the Tombigby River, in exchange for $3,000, or about 4 and 1/3 cents an acre.  Fletcher was concerned about receiving a clear title because of the "The Rescinding Act”,  so Peck had included the following addendum; “The title to the premises as conveyed by the state of Georgia (in 1795)...has been in no way constitutionally or legally impaired by virtue of any subsequent act of any subsequent legislature of the...state of Georgia.”
The addendum was important because of the 1603 English case of Chandler v Lopus, which you remember (I'm sure)  established the legal doctrine of Caveat Emptor.  Peck had now provided the guarantee in writing that the 1796 Rescinding Act did not apply, even though Georgia had just sold the Yazoo Swamp-Land to the Federal Government. And in doing so, he had provided legal grounds for Fletcher to sue Peck to get his money back.

Because Fletcher was a resident of New Hampshire and Peck resided in Massachusetts, the case moved directly into the federal court system – what a lucky break that was. There  it was heard at the circuit court level by the cranky, craggy 74 year old New Englander, William Cushin , who was also a Supreme – another lucky break. Cushin  decided the case for Peck, which allowed Fletcher to appeal to the Supreme Court.

And it is now that the final character in our farce, John Marshal, steps upon the stage. He was a cousin to Thomas Jefferson, and a close friend to George Washington. When the case of Fletcher v Peck reached the high court in March of 1806, Chief Justice Marshall decided that the arguments made by Peck's team of lawyers had been “incorrect”, and so the case was “continued by consent”,  meaning held over for the next term, to be re-argued in October of 1807.  And even then, Marshall did not issue the final ruling until 16 March, 1810, 3 years later, probably because it took him that long to build a unanimous decision. The decision had to be unanimous because for the first time ever, the Supreme Court was declaring that a state law - the Rescinding Act -  violated an article of the Federal Constitution – in this case, section 10 of Article One.

As usual, Marshall wrote the court's opinion. He acknowledged that the members of the 1795 Georgia legislature were guilty of reprehensible actions. However, he reasoned, “The grant, when issued, conveyed an estate...(and) This estate was transferable; and those who purchased parts of it were not stained by that guilt which infected the original transaction.” Thus was born the legal fiction of the “innocent third party” in the Yazoo land fraud, meaning the speculators who had bought the land from the men who had bribed the legislature were to be considered innocent  As if they had not often been the same men.

Marshall argued that if a concealed defect in a contract could be held against the victim of that concealment, then “All titles would be insecure”. That might be true in the abstract, but referring to the members of the New England Mississippi Company as “innocent” was almost as much a legal fiction as insisting that written guarantees protected buyers in an age when only 3% of the population could read.

Oddly, the only member of the court to disagree with Marshall in writing was Jefferson's only appointee on the court,  William Johnson, from South Carolina. And his only objection was that he thought the Indians had a better claim to the land than did the state of Georgia. Still, Johnson managed, at the end of his argument, to state the obvious. “I have been very unwilling to proceed to the decision of this cause at all,” he wrote, because, “It appears to me to bear strong evidence... of being a mere feigned case.” But having stated that, Johnson then folded his tent and concurred with Marshall's decision. And so the court had decided in favor of the New England Mississippi Company and all the other speculators in the Yazoo land sales.

The cost of that decision became clear in 1814, when the Federal government reached a settlement with all the “innocent third parties” in the Yazoo land fraud. Having already paid Georgia $4 million in 1802  for the land -  the modern equivalent of $63 million -  they now paid the speculators in the various Yazoo companies another $5 million for the same land - the modern equivalent of $50 million.

It made Patrick Henry's scheme to cheat the tax payers of Georgia seem small potatoes. And this would be far from the last time the lawyers wrote and interpreted laws to assist thieves in robbing the public. Such behavior is a stab to the heart of the public's faith in their government. And it all began at the very birth of our Republic.

It was the next generation of Americans who would risk their fortunes to build dams and levees, to drain the Yazoo swamp and keep the river to a path, and who would finally lay bare some of the richest agricultural soil in the world, upon which they would plant and grow cotton. There were profits aplenty for all...except, of course, for the natives who had originally owned the land and the slaves who picked the cotton. It is a sad truth about speculators that like villains in a horror story they generate life for no one but themselves, and misery and debt for everyone and everything else they touch.  And capitalism empowers them.
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Saturday, March 23, 2019

GEORGIA PEACES Chapter Eight

I suppose you've heard the story of how a group of civic minded men had gathered in Philadelphia during the summer of 1787 to create a “more perfect union”. Well, they did, except it would be well to remember that civics is not a science, but an art form, in which each artist expresses a different vision of perfection. And in the case of James Wilson, future justice of the Supreme Court under the new constitution and briber in-chief for the Yazoo land fraud, perfection included the right to steal from the tax payers.
Remember the story of Robert Morris and the Bank of North America? That was the financial institution which Morris had used to finance the American Revolution. Well, the bank had originally been chartered in Pennsylvania, and after the Revolution its charter had been revoked. But in 1786 the state was sued by a share holder in that bank, who claimed the repeal had violated the rights of an innocent party – i.e. him, James Wilson. And a year later Justice Wilson was one of those civic minded men who gathered in Philadelphia to draw up the new Constitution for the United States.
The state of Pennsylvania had backed down from Wilson's lawsuit, and re-charted the bank. But Wilson was determined the new Federal government would not show the same disrespect for business as Pennsylvania had. So, in drawing the new constitution for America, James Wilson added what became Section 10 of the first Article of The Constitution, supposedly dealing with the formation, duties and responsibilities of the Congress. But Section Ten, Article One reads in part; “No State shall enter into any Treaty...coin Money...pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility...”. This was to be a capitalist nation, and respect for contracts was thus written into its constitution.
All of which brings us back to 1795 when the Georgia Yazoo Company bought 11 million acres of swamp land for 1/4 cent an acre.  In August of 1795,  the Georgia Company was bought by James Greenleaf. He paid 1 cent an acre. Then in November of 1795  Greenleaf sold the company to yet another group of speculators, for 8 cents an acre, giving Greenleaf a 650% profit. The new owners renamed the company the New England-Mississippi Company  But why were these speculators paying so much for a dead company? Hadn't the new owners ever heard of Caveat Emptor?
Listed first among the directors of the New England-Mississippi Company was Boston lawyer, Benjamin Hichborn, a  cousin to Paul Revere on his mother's side.   But Benjamin's real talent was as a gossip, knowing which ear would be most receptive to which dirt.  In the late 1790's he aligned himself with the  Democrats, becoming a trusted and rare New England confidant for Thomas Jefferson himself. 
The other company directors were equally well connected. Samuel Brown had made a fortune financing the slave trade, insuring ships which were running the British anti-slave patrols off the African coast. Benjamin Joy was a speculator in Massachusetts real estate, and Thomas Winthrop was the thirty-something son of the iconic Boston family. George Blake was yet another lawyer-speculator . And finally there was John Peck.  Remember him?
He was 75 years old in 1800. He was secretive, “Often argumentative and egotistical, tending to alienate those with whom he interacted”. In other words, the people who knew him best, disliked him the most. Most people knew him for what he considered his hobby – he was “The most scientific and most successful naval architect” in the new nation, having designed small and fast privateers for the colonial navy. But someone else had to build the ships, because John did not work or play well with others.
John Peck saw himself as a merchant, starting with a store and trader's post on Crabtree Neck, where the Skillings River flows into Frenchman's Bay, not far from Bar Harbor, Maine. It is still labeled Peck's Point on the maps. John Peck invested his profits in land, and there are few communities in today's Maine,which do not list him on their early property rolls. So it was a natural that the wealthy landowner would be asked to join in the New England-Mississippi Company. And it was John Peck who on 14 May, 1803, sold to Robert Fletcher of New Hampshire, 15,000 acres of the New England- Mississippi company holdings, at the inflated price of $5 an acre. If the lawyers are to be believed Robert Fletcher felt cheated by Peck, and in 1803, just like Mr. Chandler in 1603 - remember him? - sued to get his money back
Robert Fletcher was a lawyer from Amherst, New Hampshire, He was only 42 years old in 1803, and owned extensive properties in Nashua, Amherst and Dunstable. He was a very successful husband, fathering 13 children, but ultimately, an unsuccessful businessman.  His final investment was in timber lands in Montreal, Canada. And when this venture failed in November 1809, Robert Fletcher shot himself. But even after his suicide, the court case he had launched continued all the way to the Supreme Court – just as it was intended to. Which was amazing because it was a set up, a fake case. And everybody knew it.
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Friday, March 22, 2019

GEORGIA PEACHES Chapter Seven

I seemed to have lost track of Patrick Henry in our story, but let me catch you up. After the original 1789 Yazoo Swamp-Land deal fell through, Patrick had sold most of his shares in the now almost worthless Virginia Yazoo Company to Georgia Senator James Gunn and the North American Land Company (Robert Morris, John Nickleson and James Greenleaf). They had renamed it the Northern Mississippi Company, and in 1795 completed the purchase of the same land (and more) from Georgia for 1.4 cents per acre. Patrick seriously considered suing Georgia, claiming he still had a legal claim to the land, but the suit was never filed. In the meantime he had developed stomach troubles, and was popping out children (11 in all) with his second wife, Dorthea Dandridge Henry.
But back to our main story. First of the great speculators to succumb was the young man who had promised so much and delivered so little, James Greenleaf.  Late in 1796, the collapse of his over leveraged lifestyle dropped the silver tongued seducer into Philadelphia's dreaded Prune Street Debtors Prison.
It was part of the larger Walnut Street jail, an imposing structure which housed 300 prisoners, but in the back, in a two story building originally designed as a work house, was the small debtors jail. All the prisoners were expected to pay for their own incarceration. It was a strange system considering the prisoners were in jail because they were broke. Those with wealthy friends willing to pay could receive better food or even a small private apartment. Still, one look at his new dismal surroundings, and a desperate Greenleaf had his lawyers petition for his immediate release. But Robert Morris' instructed his lawyers to intervene. They reminded the court that the young seducer had been granted a divorce in Rhode Island, which meant he was an out-of-state debtor, and the law required they remain in jail for at least six months. In fact James Greenleaf would remain behind bars much longer than that.  But, at least he would not be lonely.
Morris may have preferred that Greenleaf was skinned alive, but actually, the debt left him and Nicholson by Greenleaf was a mere drop in his own rising tide of unpaid promises.  Morris' mansion in Philadelphia was so heavy besieged by creditors, that he retreated to the country estate he called “The Hills”.
He was most repelled by the idea of sharing a cell with his old partner Greenleaf. He wrote Nicholson, “I do not want to be under the same roof with such a scoundrel.” But at last, on 15 February, 1798, one venal vindictive creditor named George Eddy, aided by a local sheriff, managed to lay hands on the great speculator. The amount owed to Eddy was small (by Morris's standards), but even this pittance the largest private land owner in North America could not pay. Morris wrote to a friend, “George Eddy is the most hardened villain God ever made. I believe if I had bank bills to pay him with he would refuse them on the ground of their not being legal tender. He was positively determined to carry me to Prune Street last night, but the sheriff humanely relieved me from his rascally clutches.” It was only an overnight stay of execution. The next day, Robert Morris, signer of the Deceleration of Independence, entered the Prune Street Debtors jail. Now living under the same roof, Morris refused to even acknowledge Greenleaf's presence, studiously avoiding him in all encounters.
John Nicholson held out for another year, until the winter of 1799 when the 43 year old joined his partners behind bars. But Nicholson lost not only his fortune  - creditors squeezed $8 million from his estate, still leaving him $8 million in debt- but his mind as well. He died in the Prune Street Jail, on 5 December, 1800.  Robert Morris survived the humiliation, supported by his wealthy sons, but died four years later, still $12 million in debt and occasionally harassed by creditors. And James Greenleaf, the despised debonair silver tongued seducer of women and money, survived as well.  He  unloaded his shares in the Georgia Mississippi Company for 10 cents an acre to a group of prominent Boston speculators,  headed by Judge William Wetmore. Then, shortly after his release, James Greenleaf married Anne Penn Allen, a lovely and wealthy Washington socialite. However before the wedding Ms Penn Allen put her sizable estate in a trust, where James Greenleaf was never able to reach it.  Not that he didn't continually try, until his death in 1843.  It gave him something to occupy his time.
Meanwhile, in 1797, Judge Wetmore's group re-sold the Georgia Yazoo company to yet another group,  headed by a Boston speculator named John Peck, who renamed it the New England Mississippi Company. They also hired a Boston Law firm which offered the legal opinion that the “Rescinding Act” by the Georgia legislature had been unconstitutional. That made it legal to sell shares in their Yazoo lands for 33 cents an acre.  By 1798 the New England Mississippi Company had attracted $2 million, mostly from small investors, all gambling that somehow the courts would re-approve the Yazoo Swamp-Land sale.
Senator James Jackson was determined that would never happen. As Governor of Georgia he oversaw, in 1802,  the sale of all of the Georgia's claims to the Yazoo lands, everything beyond the Apalachicola River to the Mississippi, to the federal government for $1.3 million. He remained determined that the deal was D-E-A-D, dead, even refusing to pay a printer who published a codification of Georgia laws under the old constitution, because the volume mentioned the Yazoo swamp land sale.
It wasn't as simple as that, of course. The publisher of the codification was Robert Watkins, son of a state Representative in the excommunicated 1795 legislature. Robert had even received land in the heinous deal, so his inclusion of the interdicted laws was no accident. Still, Governor Jackson stubbornly refused to pay him.
One afternoon in 1802, in the new Georgia capital of Augusta, the ex-Governor and newly elected U.S. Senator James Jackson was confronted on the street by the infuriated printer. Robert Watkins denounced Jackson as a “pygmy general” and a member of a “damned venal faction which has disgraced Georgia.”  Where upon Jackson whacked Watkins in the face with his cane. Watkins returned the favor by using his waking stick to hit Jackson on the head, drawing blood. Jackson pulled a pistol, but somebody knocked it out of his hand. Watkins leapt upon Jackson, and tried to gouge his eyes out.  Jackson bit Watkins finger, causing Watkins to roll away, screaming in pain. And while everybody was trying to catch their breath, Watkins pulled a pistol with a spring loaded bayonet, and stabbed Jackson in the chest. The blade missed his heart by an inch. Friends were finally able to pull the two hot heads apart.
It seemed that even five years after the Yazoo Swamp-Land Deal had been “rescinded”, it was still trying to rise from the dead, like any good movie monster would.
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