Gotham Logo Gotham Logo  
Books Features Timeline Archive
BUSINESS-CLASS HERO

A cynical observer might have spotted in all this a certain appropriateness to the latest round of Hamilton veneration, rooted in some unacknowledged parallels between the 1790s and 1990s - with recent tax cuts for the wealthy standing in for Hamilton's handout to the rich, and his stock-propping rescue of 1792 finding echo in latter-day bailouts, at great public expense, of the savings & loan industry and giant hedge funds like Long Term Capital Management. Indeed, Kevin Phillips has argued that we live in an era of "financial mercantilism," presided over by an interlocking directorate of Treasury bureaucrats, central bankers, securities firms and hedge fund operators, which the exhibit might have claimed to be a Hamiltonian legacy, if doing so would not have raised embarrassing questions about "free market" commitments on either end of the time continuum.13

Instead the promoters seem to have settled for burnishing Hamilton's image, the better to shine by reflected glory. They've even (whimsically?) inserted themselves into the historical narrative, rather as patrons once had themselves depicted in devout attendance at the Crucifixion, as if to underscore a spiritual kinship with (and descent from) their favorite founder. Over at the FREE PRESS video screen, you can spot one exception to the all-Murdoch-all-the-time promotional imagery - a lengthy close-up of a man in a yellow t-shirt blazoned with the "Illuminating Your World" logo of the New York Sun, hawking copies of that conservative paper, among whose principal founding financial fathers can be found one Richard Gilder.

-8-

Well, so what? Why should anyone care if these guys raised and spent a small fortune on this? The N-YHS is a private institution; its board can do as it likes with it; as Reagan said, it's their microphone, they're paying for it. On the other hand, the Society has a public dimension, being something of an ancient institution in this town, dating to the administration of (N-YHS member) Thomas Jefferson. The citizenry, I would argue, has the right to remind current board members that they are stewards of a collective cultural heritage. More to the point, when the Society had a near death experience a few years back it wasn't the trustees who rescued it, but the wider public, which intervened precisely because the mission of the N-YHS was to tell our collective history.

The Society was wobbling badly by the 1980s - many things had brought it to this financial pass - and the '87 crash set it on the road to extinction.14 At the end of 1992 the Museum shut down. In February 1993 the Library followed suit, all public programs were cancelled, and 41 staff members were fired, leaving only a skeleton crew behind to handle disposition of the collections.

At this point a mass protest by New Yorkers who loved the city's history was launched to get the great bronze doors reopened, and to save the library and collections from being scattered. Historians, archivists, librarians, and teachers teamed up with publishers, advertisers, architects, and financiers to circulate a petition and picket the building. CNN covered the story. So did the major papers, the Times calling editorially for "Saving the City's Memory". Governor Cuomo called it a "vital part of the cultural heritage of New York State" and in April 1993 the State appropriated $6.3 million in emergency funding. The City matched this. With the State Attorney General's office observing developments closely - its Charities Bureau has oversight over museums - the trustees formally rewrote the Society's mission statement, and pledged to dedicate their efforts to telling the history of city and state.

In doing so, they were merely ratifying a transformation that had long since taken hold. Back in 1804, when John Pintard - Duer's partner having returned to town once the coast was clear - established the N-YHS, they set out "to discover, procure, and preserve whatever may relate to the natural, civil, literary, and ecclesiastical history of the United States in general, and of this State in particular." This capacious purview was understandable as they were virtually the only such collecting institution in town - no Metropolitan Museum, no Museum of Natural History, no New York Public Library - and they joyfully accepted anything and everything given them: books, manuscripts, artworks, artifacts, and natural history specimens. The country, indeed the world, became their oyster. They piled up European oils and Egyptian mummies, records of the California gold rush and the settlement of early Florida, American Indian captivity narratives and accounts of the Spanish American War, until they were drowning in their largely uncatalogued accumulation.

When professionally organized museums and libraries arrived later in the 19th century, the N-YHS remained an amateur operation. Linking its fortunes to patriotic and genealogical societies (early Founding Fatherologists), it maintained a wide-angled focus. By the First World War many considered it moribund. In 1917 the feisty Mrs. John King Van Rensselaer - blasting it as an "old man's club" ("dead" "uninteresting" and "dull") - led a breakaway movement. In 1923, another rival group formed the competing Museum of the City of New York. The N-YHS limped along as a private club, refusing to ask for municipal assistance, but was rescued during the depression by a massive infusion of cash - over $4.5 million (more than 62 million in current dollars, setting a standard against which we can measure the relative beneficence of contemporary donors) - from the children of David Thompson, former president of New York Life. It also began to whittle back its holdings (the Egyptian collection went to the Brooklyn Museum in 1937) and to circumscribe its catchment (in the '40s it began rethinking its European holdings), concentrating more and more on metropolitan area materials as the century wore on. Although in moments of prosperity, it rebroadened its ambitions, increasing long-term strain.

PREVIOUS PAGE | NEXT PAGE