Gold Gets Dug Out of the Ground; Then We Melt It Down, Dig Another Hole, Bury It Again

Warren Buffett? Frank Fellinger? Apocryphal? Anonymous?

Dear Quote Investigator: The funniest and most perceptive comment about the precious metal gold is attributed to the super-investor Warren Buffett:

Gold gets dug out of the ground in Africa, or some place. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.

Did Buffett really say this?

Quote Investigator: The earliest evidence known to QI of this quotation in a major newspaper was printed in The Times of London in July 2003:[1] 2003 July 21, The Times (UK), Section: Business, “Demand for global listing helps to put new gloss on gold”, Quote Page 21, London, England. (NewsBank Access World News)

Warren Buffett, the renowned investor, famously dismissed gold in a speech given at Harvard in 1998. He said: “It gets dug out of the ground in Africa, or some place. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.”

The five year gap between 1998 and 2003 weakens the probative value of this citation. QI has not yet located a transcript of the supposed 1998 speech. A statement from Buffett himself on this topic would be desirable.

So, QI reached out to the accomplished financial journalist Jason Zweig of the Wall Street Journal who contacted the personal assistant of Warren Buffett with an enquiry about the quotation. The assistant conferred with Buffett and sent the following reply:[2] Personal communication via email from Jason Zweig to Garson O’Toole dated May 21, 2013. The message contained the forwarded message from Debbie Bosanek, Assistant to Warren Buffett.

I double-checked this with Warren. He never writes out prepared speeches. But he has said things like this in the past.

This statement supported the attribution and corroborated multiple citations that name Buffett as originator of the expression; however, the answer was still not definitive. A cite with a date closer to 1998 giving more details of the speech would be welcomed by QI.

Pronouncements about gold and silver that conform to this theme have a very long history. In 1877 a newspaper in Galveston, Texas wrote about the “The Monetary Problem” using similar vocabulary and tropes. Remarkably, this passage from more than 135 years ago also included a puzzled alien creature:[3] 1877 August 9, Galveston Daily News, The Monetary Problem, Page unnumbered (final page), Column 5, Galveston, Texas. (NewspaperArchive)

Look at the actual history of our metallic money; see at what great cost we procure it from its ores, coin it, pass it from hand to hand, finally to bury it again in the vault of some bank. The dust of centuries rests upon coin laid away in the Bank of England. A hundred millions are now buried under the Treasury building in Washington, and probably ever will be together with much more, for should the government ever accumulate enough to offer to redeem the greenback at par, nobody would present the greenbacks for redemption. The paper, being the more convenient money, would be kept and the gold and silver left to slumber where we have been at such pains to store it.

If a being from another world should come among us to study our habits, how he would be puzzled as he saw us with infinite labor obtain from deep in the earth a shining substance, zealously guard it to an establishment where it was cut into small pieces, and then hide the pieces where they could be neither seen nor touched; occasionally he would observe an expression of fear and anxiety upon our faces, we would rush wildly about, drag out our precious pieces and hide them elsewhere, and yet drag them out again and yet hide them elsewhere.

Thanks to top researcher Suzanne Watkins who found the marvelous citation above.

Here are additional selected citations in chronological order.

Continue reading “Gold Gets Dug Out of the Ground; Then We Melt It Down, Dig Another Hole, Bury It Again”

References

References
↑1 2003 July 21, The Times (UK), Section: Business, “Demand for global listing helps to put new gloss on gold”, Quote Page 21, London, England. (NewsBank Access World News)
↑2 Personal communication via email from Jason Zweig to Garson O’Toole dated May 21, 2013. The message contained the forwarded message from Debbie Bosanek, Assistant to Warren Buffett.
↑3 1877 August 9, Galveston Daily News, The Monetary Problem, Page unnumbered (final page), Column 5, Galveston, Texas. (NewspaperArchive)

The Cave You Fear to Enter Holds the Treasure You Seek

Joseph Campbell? Apocryphal?

Dear Quote Investigator: Joseph Campbell was renowned for teaching about the mythologies of many cultures. The following statement is often ascribed to him:

The cave you fear to enter holds the treasure you seek.

I have looked through several of his books and have not located this quote. Did he say or write this?

Quote Investigator: Several researchers have searched for this exact quotation and not found it in the oeuvre of Joseph Campbell. However, there is a strong thematic match to a short passage in the 1991 work “Reflections on the Art of Living: A Joseph Campbell Companion” which consisted of material selected and edited by Diane K. Osbon. The following text appeared in a section titled “In the Field”, and Osbon stated that she had collected the words directly from Campbell. The section contained “favorite expressions of his, recorded in my journals over the years in his company”:[1] 1991, Reflections on the Art of Living: A Joseph Campbell Companion, Selected and edited by Diane K. Osbon, Quote Page 8 and 24, HarperCollins, New York, New York.

It is by going down into the abyss
that we recover the treasures of life.

Where you stumble,
there lies your treasure.

The very cave you are afraid to enter
turns out to be the source of
what you are looking for.
The damned thing in the cave
that was so dreaded
has become the center.

You find the jewel,
and it draws you off.

In loving the spiritual,
you cannot despise the earthly.

The layout of the phrases above mirrors the formatting in the book. There are two natural hypotheses: The pithy quotation may have evolved from statements above via a process of streamlining and compression. Alternatively, Campbell may have returned to this theme several times over the years, and on one occasion he may have spoken the concise expression.

This article ends with two citations and a concluding comment.

Continue reading “The Cave You Fear to Enter Holds the Treasure You Seek”

References

References
↑1 1991, Reflections on the Art of Living: A Joseph Campbell Companion, Selected and edited by Diane K. Osbon, Quote Page 8 and 24, HarperCollins, New York, New York.

A Kick in the Teeth May Be the Best Thing in the World for You

Walt Disney? Diane Disney Miller? Pete Martin? Apocryphal?

Dear Quote Investigator: Animator, producer, and entrepreneur Walt Disney suffered many setbacks before he became a world-famous entertainer. For example, he founded the Laugh-O-Gram company to make animated films in Missouri, and the pioneering studio ended up in bankruptcy. Disney learned from his mistakes and persevered, and that is why I enjoy the following statement credited to him:

You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you.

I visited Wikiquote, but the supporting evidence listed was an attribution in a book published in 2004. In my opinion, that is weak substantiation because Disney died in 1966. Could you examine the provenance of this saying?

Quote Investigator: Starting in 1956 The Saturday Evening Post published a series of articles under the group title “My Dad, Walt Disney”. The byline listed Diane Disney Miller who was the daughter of Walt Disney and Pete Martin who was the primary author of the articles. Part three of the series appeared in the December 1, 1956 issue and was called “The Coming of the Mouse”. In the following excerpt Diane Disney Miller discussed her father. Interestingly, the quotation from Walt Disney used “kick in the pants” instead of “kick in the teeth”:[1]1956 December 1, Saturday Evening Post, Volume 229 Issue 22, The Coming of the Mouse by Diane Disney Miller and Pete Martin, (Part 3 of Series: My Dad, Walt Disney), Start Page 28, Quote Page 67, … Continue reading

He’s told me more than once that all the hard licks he ever got really did him good. Dad functions best when things are going badly.

“When things are going good,” he says, “I’m afraid something’s going to crack under me any minute. A kick in the pants can be the best thing in the world for you.”

The material in the magazine articles was combined and revised to form the basis of a book titled “The Story of Walt Disney” published in 1957. This volume included an instance of the quote using “kick in the teeth” that matched the version given by the questioner:[2]1957, The Story of Walt Disney by Diane Disney Miller as told to Pete Martin, Quote Page 89, Henry Holt and Company, New York. (Verified with scans; Great thanks to Dennis Lien and the University of … Continue reading

“I function better when things are going badly than when they’re as smooth as whipped cream,” he said. “When I’m in a fight I don’t worry, but when things are going good I’m afraid that something’s going to crack under me any minute. You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you.”

Here are additional selected citations in chronological order.

Continue reading “A Kick in the Teeth May Be the Best Thing in the World for You”

References

References
↑1 1956 December 1, Saturday Evening Post, Volume 229 Issue 22, The Coming of the Mouse by Diane Disney Miller and Pete Martin, (Part 3 of Series: My Dad, Walt Disney), Start Page 28, Quote Page 67, Column 3, The Curtis Publishing Company, Philadelphia, Pennsylvania. (Academic Search Premier EBSCO)
↑2 1957, The Story of Walt Disney by Diane Disney Miller as told to Pete Martin, Quote Page 89, Henry Holt and Company, New York. (Verified with scans; Great thanks to Dennis Lien and the University of Minnesota library system)

You Are Astonished. I Am Surprised

Noah Webster? Samuel Johnson? Chauncey Depew? Apocryphal?

Dear Quote Investigator: There is a ribald anecdote about one of the world’s greatest dictionary makers that I would like you to explore. The tale claims that the lexicographer Noah Webster had a secret libertine inclination. One day his wife returned home and was shocked to discover him caressing and osculating the chambermaid.

The wife cried out, “Noah! I am surprised!” The stunned man’s reflexive thought patterns were immediately engaged, and he replied, “My dear, you must study our beautiful language more closely. It is I who am surprised. You are astonished.”

There is a rival version of this story featuring another famous dictionary creator Samuel Johnson as the philanderer. Johnson lived between 1709 and 1784; Webster lived between 1758 and 1843. I would like to know which man was the true Lothario.

Quote Investigator: Tracing an anecdote is a difficult task, but QI will make an attempt and present a snapshot of the research results. The earliest discovered instance was printed in a newspaper in 1896. The raconteur was Chauncey Depew, a famous after-dinner speaker:[1] 1896 April 21, Daily Iowa Capital, A New One by Chauncey, Quote Page 6, Column 5, Des Moines, Iowa. (NewspaperArchive)

At a recent dinner in New York a new story was sprung by Chauncey M. Depew. Speaking of the importance of humor, Mr. Depew declared that Noah Webster, though a lexicographer, was humorist. “His wife,” Chauncey went on to say, “caught him one day kissing the cook.

“‘Noah,’ she exclaimed, ‘I’m surprised!’

“‘Madam,’ he replied, ‘you have not studied carefully our glorious language. It is I who am surprised. You are astounded.'”

In 1903 “Everybody’s Magazine” published a curious version of the story in which Webster’s transgression was not carnal. Instead, his wife was unhappy with the informality of his attire. This bowdlerized version was fit for everybody as suggested by the magazine name:[2]1903 September, Everybody’s Magazine, With “Everybody’s” Publishers, A Surprising Letter, Quote Page 419, Column 2, Volume 9, The Ridgway-Thayer Company, New York. (Google … Continue reading

A story is told of Noah Webster, the dictionary maker, who one day was found by his wife at dinner without coat or collar while entertaining two guests. His wife’s sudden and unexpected return and entrance to the room brought those present to their feet. “I am surprised,” said Mrs. Webster. And Mr. Webster rejoined, “My dear, I am surprised—you are astonished.”

The originator of this joke was not a linguist, and its construction was based on an artifice. The rationale of the humorous rejoinder hinged on a sharp delineation between the meanings of words such as: surprised, astounded, and astonished. Yet the definitions given in the 1830 edition of Noah Webster’s dictionary revealed overlapping denotations:[3]1830, An American Dictionary of the English Language: Exhibiting the Origin, Orthography, Pronunciation, and Definitions of Words by Noah Webster, (Abridged from the Quarto edition by the author), … Continue reading

SURPRISE v. t. 1. To come or fall upon suddenly and unexpectedly; to take unawares. 2. To strike with wonder or astonishment. 3. To confuse; to throw the mind into disorder by something suddenly presented to the view or to the mind.

SURPRISED pp. Come upon or taken unawares; struck with something novel or unexpected.

ASTONISH v. t. To stun or strike dumb with sudden fear, terror, surprise, or wonder; to amaze; to confound with some sudden passion.

ASTONISHED pp. Amazed; confounded with fear, surprise, or admiration

ASTOUND, v. t. To astonish; to strike dumb with amazement.

Here are additional selected citations in chronological order.

Continue reading “You Are Astonished. I Am Surprised”

References

References
↑1 1896 April 21, Daily Iowa Capital, A New One by Chauncey, Quote Page 6, Column 5, Des Moines, Iowa. (NewspaperArchive)
↑2 1903 September, Everybody’s Magazine, With “Everybody’s” Publishers, A Surprising Letter, Quote Page 419, Column 2, Volume 9, The Ridgway-Thayer Company, New York. (Google Books full view) link
↑3 1830, An American Dictionary of the English Language: Exhibiting the Origin, Orthography, Pronunciation, and Definitions of Words by Noah Webster, (Abridged from the Quarto edition by the author), Entry SURPRISE: Page 813, Entry ASTONISH and ASTOUND: Page 58, Published by S. Converse, New York. (Google Books full view) link

Quote Origin: The Budget Should Be Balanced; The Treasury Should Be Refilled

Marcus Tullius Cicero? Taylor Caldwell? Otto E. Passman? Apocryphal?

Question for Quote Investigator: In 2011 a host on the cable channel CNN said this:1

Is America still the land of opportunity, or is it Rome before the fall? You decide. Cicero is believed to have said something like this in 55 B.C. “The arrogance of officialdom should be tempered and controlled, and assistance to foreign hands should be curtailed, lest Rome fall.”

I have seen a popular longer version of this quote on multiple websites:

The budget should be balanced, the treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.

Yet, I have never seen a precise reference to the oration by Marcus Tullius Cicero containing the remark. Is this an authentic quotation?

Reply from Quote Investigator: There is no substantive evidence that Cicero spoke or wrote these words. QI believes that the quotation was derived from a best-selling novel titled “A Pillar of Iron” by Taylor Caldwell published in 1965. The subtitle of the work was “A novel about Cicero and the Rome he tried to save”. The book featured a fictionalized version of the historical figure Cicero as the primary character.

A passage in “A Pillar of Iron” depicted the inner thoughts of the character Cicero while he was conversing with a man named Antonius. Interestingly, Caldwell’s depiction of Cicero did not actually speak the following words aloud in the novel. Boldface added to excerpts by QI:2

Cicero found himself frequently confounded by Antonius. Antonius heartily agreed with him that the budget should be balanced, that the Treasury should be refilled, that public debt should be reduced, that the arrogance of the generals should be tempered and controlled, that assistance to foreign lands should be curtailed lest Rome become bankrupt, that the mobs should be forced to work and not depend on government for subsistence, and that prudence and frugality should be put into practice as soon as possible.

But when Cicero produced facts and figures how all these things must and should be accomplished by austerity and discipline and commonsense, Antonius became troubled.

In the foreword to the book Caldwell described the extensive research she performed while preparing to write the story:3

… I translated many hundreds of letters to-and-from Cicero and his editor and publisher, Atticus, myself in the Vatican Library in April 1947, and many more from Cicero to his brother, wife, son, daughter, Caesar, Pompey, and other people, in 1962 while again in Rome, and in Greece.

Caldwell also stated that some of the excerpts from letters in the book were based directly on translations of historical documents:

As few footnotes as possible have been used, but in every place where it is written, “Cicero wrote—Atticus wrote—etc.,” the letters are authentic and can be found in many histories in libraries almost everywhere.

Nevertheless, the passage given above about the Roman budget reflected the inner views of the character Cicero as imagined by Caldwell. The words were not part of a letter or a speech by Cicero.

Here are additional selected citations in chronological order.

Continue reading “Quote Origin: The Budget Should Be Balanced; The Treasury Should Be Refilled”

The Common Law Consists of About Half A Dozen Obvious Propositions, But Unfortunately …

Judge Dowdall? William Pickford? Lord Sterndale? Anonymous? Apocryphal?

Dear Quote Investigator: Some lawyers take pride in their use of rigorous logical and legal reasoning. I once heard a hilarious remark about the body of law accumulated over the centuries. I do not remember the exact wording, but it was something like this:

The entire body of law and legal precedents may be derived from six obvious propositions; unfortunately, no one knows what they are.

Have you heard this saying before? Could you explore it?

Quote Investigator: In 1931 a judge named Dowdall presented a paper titled “The Psychological Origins of Law” at the Centenary Meeting of the British Association for the Advancement of Science. He included a saying about the common law that matched your description. But he enclosed the remark in quotation marks to indicate that the words were not his. Boldface has been added to the passages below:[1]1932, British Association for the Advancement of Science: Report of the Centenary Meeting, (Held in London on September 23 through 30, 1931), Sectional Transactions – H – Anthropology, … Continue reading

Man’s rational nature looks to find some presiding genius or logical principle behind, and giving consistency to, these decisions—a god of justice, a law of nature, etc. But such is not easily found even in these days, and the discovery is fragmentary. ‘The English common law consists of half a dozen obvious propositions, but unfortunately no one knows what they are.’

In 1932 Judge Dowdall wrote a letter to The Times of London and stated that he heard the saying from William Pickford who became Lord Sterndale, a British judge appointed to the High Court. In the following excerpt the phrase “taken silk” referred to a barrister becoming a Senior counsel:[2] 1932 January 26, The Times (UK), Points from Letters: Lord Sterndale on Common Law, [Letter from Judge Dowdall], Page 8, Column 6, London, England. (The Times Digital Archive Cengage)

Lord Sterndale once said, “The common law consists of about half a dozen obvious propositions, but unfortunately nobody knows what they are.” He was reading a case I had looked up for him, and I did not know whether he was speaking to himself or enlightening a junior barrister in the mysteries of the law, and as his clerk immediately called him into Court the matter dropped. He was a leader at the time, and I think it was not long after he had taken silk. The observation is so witty and true that, unless it is already familiar, it deserves record; but as the number of those who knew, Lord Sterndale diminishes it would be interesting if any of your readers ever heard him make a similar observation.

Here are two more citations and the conclusion.

Continue reading “The Common Law Consists of About Half A Dozen Obvious Propositions, But Unfortunately …”

References

References
↑1 1932, British Association for the Advancement of Science: Report of the Centenary Meeting, (Held in London on September 23 through 30, 1931), Sectional Transactions – H – Anthropology, (Paper presented Saturday, September 26, 1931), “The Psychological Origins of Law” by His Honour Judge Dowdall, Start Page 448, Quote Page 449, Published at the Office of the British Association, London. (Biodiversity Heritage Library at biodiversitylibrary.org) link
↑2 1932 January 26, The Times (UK), Points from Letters: Lord Sterndale on Common Law, [Letter from Judge Dowdall], Page 8, Column 6, London, England. (The Times Digital Archive Cengage)

I Would Rather Walk With a Friend in the Dark Than Alone in the Light

Helen Keller? Anne Sullivan? Apocryphal?

Dear Quote Investigator: Helen Keller was once asked about the price she would pay to gain the sense of sight. Her reported response was thoughtful and poignant:

I would rather walk with a friend in the dark than walk alone in the light.

What were the circumstances surrounding this quotation? I have been unable to find a solid citation.

Quote Investigator: In the early 1920s Helen Keller and her inseparable teacher Anne Sullivan faced a difficult financial situation, and they decided to earn money via appearances on the vaudeville circuit. The pair had already given performances on the Chautauqua circuit, and hence the experience of exhibiting themselves for remuneration was not alien.

The comprehensive dual biography “Helen and Teacher: The Story of Helen Keller and Anne Sullivan Macy” by Joseph P. Lash released in 1980 included a chapter about this interval spent in show business. The act of Keller and Sullivan “lasted only twenty minutes”. A question and answer period allowed Keller to deliver many witty and sharp observations about her life and society. But, she and Sullivan did make advance preparations:[1]1980, Helen and Teacher: The Story of Helen Keller and Anne Sullivan Macy by Joseph P. Lash, Chapter: On the Vaudeville Circuit , Start Page 487, Quote Page 496 to 498, A Merloyd Lawrence Book: … Continue reading

Many of her quick sallies were not as spontaneous as they appeared. With businesslike foresight they began to list the questions usually asked, together with answers Helen might give. In the end the list ran to seventeen pages.

A list with dozens of Q&A pairs was given in the biography by Lash. The author did not state the provenance of the list, but he did have access to several key repositories, e.g., the Helen Keller archives at the American Foundation for the Blind and the archive at the Alexander Graham Bell Association for the Deaf in Washington, D.C. Here is a small sample of five Q&A pairs. The first concerns President Warren G. Harding:

Q. What do you think of Mr. Harding?
A. I have a fellow-feeling for him; he seems as blind as I am.

Q. What is the greatest obstacle to universal peace?
A. The human race.

Q. What is the slowest thing in the world?
A. Congress.

Q. Do you think women are men’s intellectual equals?
A. I think God made woman foolish so that she might be a suitable companion to man.

Q. Do you desire your sight more than anything else in the world?
A. No! No! I would rather walk with a friend in the dark than walk alone in the light.

The last answer above corresponds to the statement under exploration. So there is good evidence that Keller did communicate this saying. However, variants of this quote were being used in the religious domain many years earlier as discussed below.

Here are additional selected citations in chronological order.

Continue reading “I Would Rather Walk With a Friend in the Dark Than Alone in the Light”

References

References
↑1 1980, Helen and Teacher: The Story of Helen Keller and Anne Sullivan Macy by Joseph P. Lash, Chapter: On the Vaudeville Circuit , Start Page 487, Quote Page 496 to 498, A Merloyd Lawrence Book: Delacorte Press/Seymour Lawrence, New York. (Verified on paper)

There Are Three Rules for the Writing of a Novel

W. Somerset Maugham? Oscar Wilde? Mark Twain? Bret Harte? Anonymous?

Dear Quote Investigator: With the rapid growth of ebooks it seems that everyone is writing a book. Here is the funniest advice I have heard on this topic:

There are three rules for writing a novel. Unfortunately, no one knows what they are.

Several prominent authors have offered writing advice in the form of three rules. Could you explore the background of these sayings?

Quote Investigator: The earliest evidence located by QI of this comical piece of non-advice was published in a 1977 volume providing guidance to neophyte authors titled “Maybe You Should Write a Book” by Ralph Daigh. This volume was not designed to teach the reader how to write, and Daigh illustrated that point with the following anecdote:[1] 1977, Maybe You Should Write a Book by Ralph Daigh, Quote Page 7, Prentice-Hall, Englewood Cliffs, New Jersey. (Verified on paper)

Somerset Maugham is credited with summing it all up when in addressing a friend’s class on English literature he was asked by a student how to write a novel.

Maugham’s answer was:
“There are three rules for the writing of a novel.
“Unfortunately no one knows what they are.”

Popular author, Maugham, died in 1965, so the documentation for this attribution is not ideal. Perhaps future discoveries will provide further substantiation.

Further below, this article will discuss writing advice that has been attributed to the prominent authors Bret Harte, Mark Twain, and Oscar Wilde. In each case the guidance utilized a three-fold structure. The article will also present several variants of the quotation credited to Maugham in domains such as: politics, moviemaking, and aviation. Immediately below, an antecedent of the jest in the realm of card games is discussed.

Here are additional selected citations in chronological order.

Continue reading “There Are Three Rules for the Writing of a Novel”

References

References
↑1 1977, Maybe You Should Write a Book by Ralph Daigh, Quote Page 7, Prentice-Hall, Englewood Cliffs, New Jersey. (Verified on paper)

Abstract Art: A Product of the Untalented, Sold by the Unprincipled to the Utterly Bewildered

Al Capp? Apocryphal?

Dear Quote Investigator: The cartoonist Al Capp was famous for creating the long-running comic strip Li’l Abner. During the 1960s he reportedly described abstract art with the following amusing and acerbic phrase:

A product of the untalented sold by the unprincipled to the utterly bewildered.

Today this description could be applied to several products. Is this quotation accurate?

Quote Investigator: Al Capp did make more than one comment of this type. The earliest evidence located by QI was printed in a 1961 newspaper column by Capp who presented a comedic conception of a “Library of Creative Art” in the year 2000, i.e., thirty-nine years in the future.

Capp indicated that contemporary TV commercials would be preserved in the future museum because they embodied “man’s supreme achievement in the realm of wild, impossible fantasy.” However, abstract art works were labeled “incomprehensible messes”, and they would not be present in the museum. The fictional curator stated the following. Boldface has been added to passages below:[1] 1961 May 4, Boston Globe, Slim Pickin’s in an Art Library: A Sad Commentary On Sick Century by Al Capp, Quote Page 7, Boston, Massachusetts. (ProQuest)

By excluding their messes from the library the place will look cleaner, and maybe our time will be forgotten as one when the creations of the untalented, the unhealthy, and the unhousebroken were praised by the unearthly and sold by the unprincipled to the totally bewildered.

We’ll all look better in the year 2000 if we retain only the work of artists now called hacks, but who stubbornly kept alive the traditions of Michaelangelo, da Vinci, and Rembrandt.

Although, the museum and its curator were exaggerated satirical devices they did reflect some of the opinions held by Capp.

Here are additional selected citations in chronological order.

Continue reading “Abstract Art: A Product of the Untalented, Sold by the Unprincipled to the Utterly Bewildered”

References

References
↑1 1961 May 4, Boston Globe, Slim Pickin’s in an Art Library: A Sad Commentary On Sick Century by Al Capp, Quote Page 7, Boston, Massachusetts. (ProQuest)

As Soon as Government Management Begins It Upsets the Natural Equilibrium of Industrial Relations

Adam Smith? Everett Dean Martin? Apocryphal?

Dear Quote Investigator: Multiple books and websites attribute the following quotation to the influential economic thinker Adam Smith, but I think the ascription is incorrect:

As soon as government management begins it upsets the natural equilibrium of industrial relations, and each interference only requires further bureaucratic control until the end is the tyranny of the totalitarian state.

Usually these words are assigned to the landmark 1775 text “The Wealth of Nations”, but I have carefully searched electronic copies of this work and concluded that the quote is absent. Furthermore, the vocabulary in the passage is chronologically incongruous. The word “totalitarian” first entered the English language only in the 1920s, and that is more than 130 years after the death of Adam Smith in 1790. Could you trace this quote to identify its true origin?

Quote Investigator: Thanks to the questioner for the perceptive analysis accompanying the query. The passage above was not written by Adam Smith. It first appeared in a 1939 essay by Everett Dean Martin who was a Professor of Social Philosophy at Claremont Colleges in California. The statement was Martin’s summary analysis of Adam Smith’s economic philosophy. Martin used his own words, and he did not claim that he was quoting Smith.

Martin’s paper was presented at the Annual Convention of the Investment Banker’s Association of America in 1939 and then was published in the November issue of the journal “Investment Banking” under the title “Social Philosophies at War”. The following passage occurred shortly before the quotation in the essay and indicated the topic:[1]1939 November, Investment Banking, Volume 10, “Social Philosophies at War” by Everett Dean Martin, Start Page 10, Quote Page 12 and 13, Published by Investment Bankers’ Association … Continue reading

Adam Smith, whose book, “The Wealth of Nations,” was written the same year as our Declaration of Independence, pointed out the moral and economic significance of Locke’s political philosophy. Individual responsibility is the very goal and meaning of free government. There must be no bureaucratic management of affairs which men had best decide for themselves.

The following excerpt from Martin’s paper included the passage being traced:

He held that not only is government incompetent to regulate by decree or by grant the affairs of individuals, but its meddling inevitably results in putting a premium on inefficiency. As soon as government management begins it upsets the natural equilibrium of industrial relations, and each interference only requires further bureaucratic control until the end is the tyranny of the totalitarian state.

The final sentence above was later reassigned directly to Adam Smith. This misattribution has been widely disseminated, and today it is present in several quotation databases.

Here are additional comments and selected citations in chronological order.

Continue reading “As Soon as Government Management Begins It Upsets the Natural Equilibrium of Industrial Relations”

References

References
↑1 1939 November, Investment Banking, Volume 10, “Social Philosophies at War” by Everett Dean Martin, Start Page 10, Quote Page 12 and 13, Published by Investment Bankers’ Association of America, Chicago, Illinois. (Verified with scans; Great thanks to Dennis Lien and the University of Minnesota library system)