Fact Friday: A little More of History from the Journal of Commerce
If the Journal of Commerce was ever branded conservative, cantankerous
or stubborn — and it was — those traits could be traced directly to the
most famous of the publication’s founders,
Samuel F.B. Morse. The inventor of the Morse code was, in 1827, an
underemployed and perennially indebted portrait artist and widower with
three children. He also was a fiery reactionary who was easily roused to
action by perceived blemishes on the moral fabric of society.
One such affront to Morse’s concept of decency was the appearance in
February of what was, for the times, a scandalously dressed dancer at a
Bowery theatre and by the positive reviews she received by critics, one
of whom wrote, “She never lets concealment prey on her charms.” Morse
vented anonymously in a letter to the Observer newspaper. In the process
he called for the creation of a new aper that could help cleanse the
city of its of its moral impurities. Morse went on to write the
prospectus for the new newspaper and is credited by historians for
giving it its name. The “Journal of Commerce” was not initially intended
to be primarily a business newspaper, but instead was so named because
wealthy merchants such as its initial bankroller, Arthur Tappan, were
envisioned as its main supporters.
The Erie Canal had been
opened just two years earlier, attracting a new business class of
ambitious New Englanders such as Tappan to New York City.
Morse was a complex individual. Raised in New England by a Calvinist
minister who was opposed to slavery and educated at Phillips Academy and
Yale, he held strong prejudices, including being a supporter of
slavery.
“He dislikes immigrants, especially Catholics and especially Irish,”
said Kenneth Silverman, whose biography of Morse, “Lighting Man,” will
be published by Knopf next year. “A lot of that came from his visits to
Europe, where he got to see the Catholic church first-hand and blamed it
for the state of European society, which he thought was immoral,
backward and despotic, and didn’t want that to come to America.
“The other side of it is that he is a tremendously imaginative and
inventive guy,” Silverman said. He credits Morse with largely creating
the art scene in New York, helping found the National Academy of Design
in 1825. Morse was himself an accomplished artist acknowledged by
posterity; in 1982 one of his paintings sold for the highest price ever
paid for the work of an American artist, $3.25 million.
By the
late 1830s Morse was working full time on the device for which he would
become most famous, the electric telegraph. It was not his idea, and
other models had been proposed earlier, according to historians. Even
the Morse Code did not differ significantly from others’ versions. But
Morse persuaded Congress to fund the first telegraph line from Baltimore
to Washington, over which were sent the famous words, “What hath God
wrought!” It took a U.S. Supreme Court decision to finally secure
Morse’s patent rights to the invention, but he had already gotten rich,
buying an estate overlooking the Hudson and building an Italian villa
there.
Throughout his life, Morse maintained an affection for
the JoC. He used the publication to defend the National Academy of
Design and when he went abroad he was occasionally asked to serve as a
special correspondent.
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Showing posts with label History. Show all posts
Showing posts with label History. Show all posts
Friday, June 07, 2013
Friday, May 31, 2013
Fact Friday: A little bit of History
Fact Friday: A little bit of History from the Journal of Commerce
It
was early October 1830, and the young man climbing onto the anchored
ship was a reporter for The Journal of Commerce. He was after the latest
news from the Continent and the vessel’s cargo manifests. If he could
get them back into port before any other reporter could reach the French
ship, his paper would have another exclusive on the latest news from
Europe.
And the New York businessmen who would be eagerly
reading the paper would get an early look at the kind of cargo the ship
would be bringing in for auction to the highest bidders on the
waterfront.
The schooner that pulled alongside the French
vessel, inbound from Le Havre, was called the Evening Edition, the
newest of two so-called news boats owned by the newspaper. Their shallow
draft and speed enabled them to skim over the shoals that ringed the
harbor and easily beat the rowboats maintained by rival newspapers back
into Lower Manhattan.
When the
Evening Edition slid into its berth near the foot of Manhattan that
afternoon, the reporter raced up the gangplank and back to his paper’s
editorial offices at 91 Wall Street, just off Water Street.
The story he had scribbled on his notepad would give New Yorkers their
first news of the astounding coup in France. King Charles X had
abdicated in the wake of street riots in Paris that marked the
Revolution of 1830. The story reported that Louis-Phillippe, the
“citizen king,” had assumed the throne.
The “scoop” published
by The Journal of Commerce in its special “extra” edition that day in
1830 was one of many the paper gained through its fleet of news boats.
The boats characterized the paper’s commitment to being the fastest and
most accurate of New York’s many papers. Over the coming years, the JoC
would adapt its methods of news-gathering to the continuing revolutions
in technology that would transform the way papers gathered the news.
Willingness to embrace change has enabled The Journal of Commerce,
which is 175 years old this year, to survive while countless other
publications have failed. Change is the very nature of the world The
Journal of Commerce has covered since the day it was born on Sept. 1,
1827.
Over the years The Journal of Commerce has been a
respected voice on subjects as diverse as banking, commodities,
insurance, energy and transportation. Today the emphasis of the weekly
Journal of Commerce newsmagazine and its breaking-news website, The
Journal of Commerce Online, is on international trade, transportation
and logistics — subjects that descend directly from the paper’s coverage
early in its history.
International trade has been at the
heart of the JoC’s coverage since the publication was launched by a
group of upright New York businessmen as part of a war on sin. In fact,
it was the unbending religious convictions of its founders that steered
the paper into becoming the young nation’s leading maritime and business
journal.
— in New York, NY.
And the New York businessmen who would be eagerly reading the paper would get an early look at the kind of cargo the ship would be bringing in for auction to the highest bidders on the waterfront.
The schooner that pulled alongside the French vessel, inbound from Le Havre, was called the Evening Edition, the newest of two so-called news boats owned by the newspaper. Their shallow draft and speed enabled them to skim over the shoals that ringed the harbor and easily beat the rowboats maintained by rival newspapers back into Lower Manhattan.
When the Evening Edition slid into its berth near the foot of Manhattan that afternoon, the reporter raced up the gangplank and back to his paper’s editorial offices at 91 Wall Street, just off Water Street.
The story he had scribbled on his notepad would give New Yorkers their first news of the astounding coup in France. King Charles X had abdicated in the wake of street riots in Paris that marked the Revolution of 1830. The story reported that Louis-Phillippe, the “citizen king,” had assumed the throne.
The “scoop” published by The Journal of Commerce in its special “extra” edition that day in 1830 was one of many the paper gained through its fleet of news boats. The boats characterized the paper’s commitment to being the fastest and most accurate of New York’s many papers. Over the coming years, the JoC would adapt its methods of news-gathering to the continuing revolutions in technology that would transform the way papers gathered the news.
Willingness to embrace change has enabled The Journal of Commerce, which is 175 years old this year, to survive while countless other publications have failed. Change is the very nature of the world The Journal of Commerce has covered since the day it was born on Sept. 1, 1827.
Over the years The Journal of Commerce has been a respected voice on subjects as diverse as banking, commodities, insurance, energy and transportation. Today the emphasis of the weekly Journal of Commerce newsmagazine and its breaking-news website, The Journal of Commerce Online, is on international trade, transportation and logistics — subjects that descend directly from the paper’s coverage early in its history.
International trade has been at the heart of the JoC’s coverage since the publication was launched by a group of upright New York businessmen as part of a war on sin. In fact, it was the unbending religious convictions of its founders that steered the paper into becoming the young nation’s leading maritime and business journal.
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