Missing the Boat
I received a note from the Field Museum yesterday advertising the coming of a new exhibit on gold; and it brought to mind John Huston’s 1948 film ‘Treasure of Sierra Madre’. I’m sure the current speculation in gold was at least in part the impetus for the show; so a few of the lines uttered by the film’s characters may be of interest – particularly as one of them philosophized on prospecting for gold. “Aah,” he said, “gold’s a devilish sort of thing, anyway.” (You promise yourself that you’ll by happy with $25,000 worth) “After months of sweatin’ yourself dizzy, and growin’ short on provisions, and findin’ nothin’, you finally come down to 15,000, then ten. Finally, you say, ‘Lord, let me just find $5,000 worth and I’ll never ask for anythin’ more the rest of my life.’ But I tell you, if you was to make a real strike, you couldn’t be dragged away. Not even the threat of miserable death would keep you from trying to add 10,000 more. Ten, you’d want to get twenty-five; twenty-five you’d want to get fifty; fifty, a hundred. Like roulette. One more turn, you know. Always one more.”
There’s nothing new about ‘gold fever’; and Columbus’ journal makes it clear that he was as obsessed with gold as the paranoid prospectors of ‘Treasure of Sierra Madre’. On December 23, 1492, he wrote, “Our Lord in His Goodness guide me that I may find this gold, I mean their mine, for I have many here who say they know it.” The monarch who financed him, Isabella, was not quite so starry eyed about gold; she was simply interested in negotiable wealth and either by design or accident, pearls topped her list – but I’m getting ahead of the story. In that first blush of discovery Columbus established a colony, La Navidad, on Hispaniola and returned to Spain, a hero, with cotton, some gold and ‘hombres in Dios’ to be baptized – but without pearls. This was the pattern of his next voyage; but in his third voyage he visited the mouth of the Orinoco River and it would undo him.
To his disappointment, he found no gold; but he noticed the natives wearing pearl jewelry in some abundance. Dutifully, he asked where the pearls had been found and they pointed north and west. His sailors, sturdy and pragmatic adventurers, bartered with the ‘Indians’ for pearls to sell on their return to Spain while Columbus ‘talked’. Columbus sailed on; and in honor of the Austrian princess betrothed to the heir to the Spanish throne, named an island off Panama ‘Isla de Margarita’, a name that would haunt him. A revolt (against Columbus) by the colonists of Santo Domingo began to take up his time; and with a head full of politics (and perhaps, still obsessed with gold), he prepared his report to the monarchs, mentioning nothing about pearl fisheries. So it was that ‘innocent’ dispatches and sailors bent on making a killing selling pearls arrived in Spain simultaneously. Of course they did sell them; and of course they made huge profits; and of course, the news got back to Ferdinand and Isabella – who did a slow burn. As they read Columbus’ dispatches, particularly his naming an island Isla de Margarita (Margarita is not only a woman’s name, it was also the common Greco-Latin word for ‘pearl’), they became convinced that the ‘Admiral of the Ocean Sea’ was holding out on them. The revolt was enough a hint of malfeasance for Ferdinand and Isabella to appoint Francisco de Bobadilla a royal commissioner to the New World with powers superseding those they had accorded Columbus. On his arrival in the New World, he had Columbus arrested and returned him to Spain, in chains, for questioning. After a very uncomfortable time, he was able to convince the monarchs of his innocence and returned to the New World in a fourth voyage of exploration; but he had missed the boat. By the time of his death in 1506 wealth had escaped him and the great ‘pearl rush’ was on.
Adventurers flocked to the coast of Venezuela and the Gulf of Panama, soon to be known as the ‘Pearl Coast’, and in each of the 150 years of that pearl rush tens of millions of pearls were brought into the port of Seville. Indeed, the value of the pearls extracted from the pearl coast in that first Spanish century was so great that it exceeded the value of all of the gold and silver mined in the Americas during the same period. Poor Columbus, gold stricken sailor that he was, he failed to realize that when it comes to jewelry (and wealth) gems always outshine gold. Unlike him, Silvio Hidalgo, designer of the eponymous jewelry collection, has come to deeply appreciate the beauty of gems in his most recent, and gem encrusted, offerings of ‘Hidalgo’ stacking rings and earrings. Naturally, as Mr. Hidalgo’s greatest proponents in all ‘Chicagoland’, we’ll be featuring it throughout the autumn; and to kick the season off, we’ve scheduled a huge Hidalgo trunk show for August 13 and 14. Check out the Hidalgo collection on our website, hurstsberwynjewelers.com; then phone us at 708.788.0880 for a show appointment. Don’t miss the boat! We’re Hursts’ Berwyn Jewelers and our pleasure is helping you realize your dreams.
