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TIME: Almanac 1993
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TIME Almanac 1993.iso
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083192
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08319919.000
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1993-04-08
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THE WEEK, Page 20SOCIETYA $500,000 Fragment
Part of Lincoln's pivotal "house divided" speech will be
auctioned
Abraham Lincoln holographs appearing on the auction block
these days are likely to be routine memos from the 16th President
-- a postmaster's appointment or some such. Much rarer is a
Lincoln paper in his own hand on a key political issue. Sotheby's
in New York City announced that in December it will auction off
just such a document -- a draft of the pivotal "house divided"
speech of 1858. A portion of the text is inscribed across a
12-in. by 7-in. sheet of paper that had been hanging on a wall
in the home of a descendant of a Lincoln in-law.
The address, delivered on June 16, when Lincoln was
nominated as a senatorial candidate in Illinois to oppose
Democrat Stephen Douglas, made headlines. What Lincoln said in
Springfield -- that a nation half slave, half free was not
permanently tenable -- proclaimed his no-compromise stand.
Now that the handwriting is off the wall, it may bring as
much as $500,000 at auction. It may also underscore how
important it is to have everything in writing -- a reminder that
might have spared Ronald Reagan some embarrassment. In his
speech to the Republican National Convention, Reagan
misattributed to Lincoln maxims actually written by a 20th
century Presbyterian clergyman.