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The Wall Street Journal Weekend - October 27 - 28 2C 2018 PDF
The Wall Street Journal Weekend - October 27 - 28 2C 2018 PDF
Turkish-
Saudi
Face-Off
REVIEW
* * * * * * * *
WSJ
THE WALL STREET JOURNAL WEEKEND
SATURDAY/SUNDAY, OCTOBER 27 - 28, 2018 ~ VOL. CCLXXII NO. 100
A Rebirth at
Johnson & Johnson
EXCHANGE
WSJ.com
Economy
HHHH $5.00
What’s
News Grows,
World-Wide So Does
A uthorities arrested a Unease
BROWARD COUNTY SHERIFF’S OFFICE/AP, WPLG-TV/ASSOCIATED PRESS
the hit videogame “Fort- But the network’s $69 mil- within NBC News and on its Susan Pulliam
nite,” is valued at almost lion bet on Ms. Kelly—meant airwaves. and Aruna Viswanatha
$15 billion as part of a ma- to add rocket fuel to its morn- NBC “Nightly News” anchor
jor new investment round. B1 ing-show ratings—was trou- Lester Holt did a segment that Federal Bureau of Investiga-
bled from the start. included clips of controversial tion agents are examining
China warned investors
The anchor battled low rat- comments Ms. Kelly had made whether Tesla misstated infor-
to stop betting against the
ings and a rocky transition to earlier in her career while at mation about production of its
yuan, boosting the currency
morning television amid ten- Fox News. Model 3 sedans and misled in-
after it had fallen to nearly
sions among some NBC col- Many NBC News producers vestors about the company’s
its weakest in a decade. A9
The former host of ‘Megyn Kelly Today’ lost her show on Friday, leagues, who chafed at her and on-air personalities voiced business going back to early
Microsoft’s top execu- a few days after her on-air remarks about blackface costumes. on-air manner, lofty salary Please turn to page A10 2017, people familiar with the
tives defended supplying matter say.
technology to the U.S. mili- Action in the criminal inves-
tary, in the face of objec-
tions from employees. B3
Latest Haunted Workplace Rules Muzzle Zombies OFF DUTY tigation, headed by the U.S. at-
torney’s office in San Fran-
cisco, has intensified in recent
i i i
weeks after the Securities and
Inside Halloween do’s and don’ts for roughhousing with guests; no biting Exchange Commission settled
separate civil charges with
Tesla and Chief Executive Offi-
NOONAN A13 BY VALERIE BAUERLEIN the bejesus out of customers— as they advance on crowds of cer Elon Musk, the people said.
an experience that has to fall scare-hungry patrons eager to Tesla disclosed on Sept. 18
Defuse SAWMILLS, N.C.—In a wait- well short of a criminal com- be grabbed, dragged and that it had received a request
ing room at a makeshift asy- plaint. threatened at blunted knife- for documents from the Jus-
America’s lum, a 6-foot-2 orderly in This Halloween, it’s getting point. tice Department, 10 days be-
bloody scrubs grabbed 20- tougher to be a working zom- “Touching the back of fore the company and Mr.
Explosive Politics year-old Christian Banner by bie, now that haunted houses someone’s neck? No. But put- Musk struck a settlement with
the arms. have gone immersive. That ting someone against the wall the SEC over civil charges in a
The menacing figure pulled also goes for evil clowns and by their shoulders? That’s separate case involving contro-
CONTENTS Sports....................... A14 Mr. Banner through a hidden demonic spirits. The undead scary,” said Brett Hays, a per- versial tweets from Mr. Musk.
Books..................... C7-12 Style & Fashion D3-4
Business News..... B3 Technology............... B4 tunnel into a room where a and their creepy colleagues sonal-injury lawyer who runs But it hasn’t been previ-
Food......................... D8-9 Travel....................... D5-7 doctor in a leather mask have to follow do’s and Fear Fair, south of Indianapo- ously reported that the Justice
Heard on Street....B11 U.S. News............ A2-5 revved a chain saw and ges- don’ts—biting is forbidden!— lis. Department is focusing on
Obituaries................. A6 Weather................... A14
Opinion............... A11-13 World News....... A7-9
tured toward an operating Zombies working for Mr. Tesla’s Model 3 production is-
chair. “Hell, no!” Mr. Banner Hays are allowed to touch sues dating to early last year
yelled, recoiling in horror. shoulders and waists but not and that the criminal securi-
> That’s exactly the terrible torsos—something about the ties-fraud probe is intensifying.
feeling promised by a ticket to deep-rooted fear of losing in- In a statement, Tesla said it
the Sawmills Horror Fields. ternal organs is one step too 101 WAYS had “received a voluntary re-
The business is part of a new
wave of Halloween-inspired
far. It’s a tricky balance, Mr.
Hays said, given that he hopes
TO LIVE MORE quest for documents from the
Department of Justice about
s 2018 Dow Jones & Company, Inc.
All Rights Reserved amusement centers that use a to avoid “getting reviews like, AMBITIOUSLY its public guidance for the
bit of roughhousing to scare Touchy zombie Please turn to page A10 Please turn to page A6
A2 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
U.S. NEWS
THE NUMBERS | By Jo Craven McGinty
T
candy corn. Who would even nications for the state’s Divi- his Halloween, sales of
think of passing off those 10 sion of Small Business, Devel- chocolate, candy, gum
earth-tone pellets as a treat? opment and Tourism. and mint are expected
Trick is more like it. So odd, in fact, the News to total $4.4 billion, Mr.
0 Journal, the main newspaper Gindlesperger said. When you
B
ut apparently, legions 2013 ’18 ’23 in Wilmington, Del., reported think about it like that, candy
of Nevadans, Utahns, the finding beneath a headline corn represents less than 1%
Notes: 2018 is an estimate;
ISTOCK
Michiganders, Pennsyl- 2023 is a forecast. that said, “wait, what?” of all sales.
vanians and, yes, even New Source: Euromonitor The treat that’s really big As for Michigan, perhaps
Yorkers love the stuff, espe- About 70% of candy corn sales occur during the Halloween season. THE WALL STREET JOURNAL. in Delaware, according to Mr. it’s time to embrace the yel-
cially this time of year, when Chesney, is saltwater taffy—a low, orange and white sweet
70% of the candy is sold, and top 3 Halloween treats in a manufacturers and distribu- knocked candy corn out of the sweet that candystore.com because, like it or not, it ap-
tons of it is unloaded in ranking by candystore.com. tors who reported their data top spot, as the state’s two placed among the top 3 in pears to be quite popular
these states. And in seven states, it’s No. 1. may be different from the largest newspapers reported. Tennessee and Wyoming there.
Jelly Belly Candy Co. has Candystore.com’s interac- many who did not report But some states have bris- (wait, what?) and at No. 1 in Kassem El-Hourani, man-
made the kernels since 1898— tive map, which has been their data,” said Rebecca Gol- tled or simply been puzzled Washington and Nebraska. ager of Bulk Food Warehouse
longer than anybody—but making the rounds in recent din, a professor of mathemat- by their candy rankings. “Different regions prefer in Dearborn, Mich., said he
now competes with Brach’s weeks, portrays a weighted ical sciences at George Mason “Just like the Detroit Lions, one candy or another, and it’s sells 300 to 400 pounds each
and others for annual sales average of 11 years of data University. Michigan disappointed us yet hard to pinpoint why,” said October, and he’s not alone.
that, according to the Na- showing pounds of candy sold Still, based on news re- again,” the Detroit Free Press Tom Hoeck, president of can- “I had a call last week from
tional Confectioners Associa- from August through October. ports, it appears that few groused when it learned that dystore.com. “Swedish Fish somebody who wanted 500
tion, total $36 million. The data, provided to the on- people have questioned the for a third year candy corn was a new winner in Ken- pounds,” said Imad Berro,
(Fun fact: Some weirdos line retailer by more than 40 findings. was listed as its No. 1 treat. tucky. Massachusetts, Maine manager of Roger’s Bulk
like to debate which brand manufacturers and 15 distrib- West Virginia news outlets Fudge, some said, would and New York liked Sour Candy and Ice Cream in East-
tastes best.) utors, aren’t necessarily rep- didn’t blink at seeing Blow have made more sense. Patch Kids best.” pointe, Mich. “I couldn’t come
At least 16 states and resentative of all U.S. candy Pops as that state’s No. 1, and “If you are talking about a In the U.S., candy is a $35 up with that number.”
Washington, D.C., pass out sales, and a full account could South Carolina was content to candy that defines Michigan, billion industry that employs An order of candy corn that
candy corn in sufficient vol- alter the rankings. find Skittles at the top of its then fudge is where it is at,” 54,000 people at nearly 1,300 was too large to fill? Now
ume to place it among their “The problem is that candy list—because, guess what? It said Michelle Grinnell, direc- manufacturing facilities in all that’s scary.
Consumer Spending
Contribution (percentage points)
U.S. NEWS
Facebook
Removes
Pages Tied
To Iran
BY ROBERT MCMILLAN
were peddling misinformation. Trump’s vow to use the Ameri- ricades and fencing, the Penta-
This latest set of accounts can military in an expanding gon said.
seem to reflect a growing so- campaign to stop a caravan of Critics charge that when
phistication of the Iranian in- migrants and asylum seekers. U.S. active-duty troops are as-
fluence operation. While the The military deployment is signed such tasks, they are not
August accounts were set up part of a new round of admin- focusing on—or training for—
to drive readers to pro-Iranian istration action on immigration their primary job, defending
websites, this latest batch was that includes a threat by the the U.S. from external threats.
designed instead to maximize Trump administration to seal “What that means is that
engagement on Facebook’s border entry ports to migrants, Donald Trump is mobilizing
platforms, said Graham including asylum seekers. the military to be a bunch of
Brookie, director of the Atlan- The latest moves were seen gophers and movers for border
tic Council’s Digital Forensic by both supporters and oppo- patrol and DHS, which is a
Research Lab. nents as an escalation of the gross misuse of our military,”
The accounts posted mostly administration’s confronta- Mounted Border Patrol officers are seen working along the U.S.-Mexico border in Calexico, Calif. said Will Fischer, director of
left-wing U.S. political mes- tional stance on immigration, government relations for Vote-
sages, attacking President striking political and legal Guard members sent last The Pentagon expects to an- While Mr. Trump has sug- Vets, a pro-Democratic advo-
Trump or Republicans, for ex- nerves around the country. spring. nounce which troops would be gested repeatedly that the cacy group. “For the president
ample, to encourage comments The new troops likely will The move came as a cara- selected to deploy in the next troops would be part of front to take them away from train-
or shares. come from active-duty mili- van of thousands of migrants— two days, the U.S. official said. line defenses at the border, ing affects mission readiness.”
But from time to time they tary units instead of the Na- currently more than 1,000 In comments at the White those in uniform actually will The move to send troops
would interject messages di- tional Guard, a U.S. official miles from the border and House on Friday, Mr. Trump function more as support staff emerged this week as an issue
rectly aligned with Iran’s for- said, and will arrive in border moving northward—has drawn said that he “called up the mil- than as war fighters. in the hard-fought Texas Sen-
eign policy—criticizing Saudi locations next week that have Mr. Trump’s ire. itary” to attend to the influx of According to a Pentagon ate race. Rep. Beto O’Rourke,
Arabia or Israel, Mr. Brookie yet to be specified. Mr. Mattis’s orders don’t illegal immigrants at the bor- statement about the deploy- the Democratic hopeful, said
said. Defense Secretary Jim Mat- specify how many troops der. “We’re not letting them ment, the troops will support Mr. Trump was stoking fears
The Iranians were particu- tis approved the request, would be assigned to the bor- in,” he told attendees of the border agents and the Depart- about immigration, while his
larly successful with video which was submitted by the der, instead directing the Pen- Young Black Leadership Sum- ment of Homeland Security by rival, incumbent GOP Sen. Ted
sharing. Videos that were Department of Homeland Se- tagon to determine what mili- mit. “They’d better go back providing “aviation support to Cruz said he supported the
shared by the pages generated curity, for the troops to aug- tary personnel are needed and now. Now, do we want them to move [Customs and Border president’s plan to increase se-
about 27 million views, Mr. ment an existing force of ap- how to fill the request, the U.S. apply and come in legally? Ab- Protection] personnel, medical curity as migrants moved to-
Brookie said. proximately 2,000 National official said. solutely.” teams to triage, treat and pre- ward the U.S.
U.S. NEWS
Midterm
Race Focuses
On Economy
BY JANET ADAMY between 2012 and 2017 in
AND PAUL OVERBERG Cook’s 72 battleground dis-
tricts, adjusted for inflation,
GRANITE CITY, Ill.—Donald lagging behind income growth
Suspect Is
Charged
For Bombs
Continued from Page One
affixed with a timer and con-
taining flash powder that is
used in fireworks and pyro-
technics. In some cases, pack-
ages included photographs of
the targets marked with a red
“X,” according to the criminal
complaint.
Mr. Trump praised law en-
forcement and said he was
STORYFUL
U.S. NEWS
U.S. WATCH
VIRGINIA CALIFORNIA WASHINGTON, D.C.
University Bans 10 Net-Neutrality Law Matthew Shepard’s
White Nationalists Will Be Delayed Ashes Laid to Rest
The University of Virginia on California Attorney General The ashes of Matthew Shep-
Friday said it banned 10 white Xavier Becerra says he won’t en- ard, whose 1998 killing became a
nationalists for their actions dur- force the nation’s toughest rallying cry for the gay-rights
ing a torch-lit campus demonstra- state-level net-neutrality law movement, have been laid to rest
tion that turned violent last year. when it takes effect in January. in Washington National Cathedral.
The no-trespass warnings were Mr. Becerra agreed Friday More than 2,000 people gath-
issued to people law enforcement with lawyers challenging the law ered at the cathedral on Friday to
identified “as either committing or that the state should wait for honor the memory of Mr. Shep-
conspiring with others to carry the outcome of a separate law- ard, a 21-year-old gay man. His
out acts of violence,” Assistant suit looking to overturn the Fed- ashes had been kept by his fam-
Vice President and Chief of Police eral Communications Commis- ily in Wyoming, where the college
How can you As a business owner, you have a lot of people relying on you. Do you have a plan in
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A6 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
OBITUARIES
EARL BAKKEN WA N D A F E R R A G A M O
1924 — 2018 1921 — 2018
I
n the mid-1950s, heart pace- that Mr. Bakken sometimes re- youngest of whom was 2 years The manufacturing and retail-
makers were bulky devices paired TV sets when there was no old. “I was depressed, on the ing company, which went public
that had to be wheeled around medical equipment to be fixed. verge of a nervous breakdown,” in 2011, last year recorded reve-
on carts and plugged into a wall The company lost money for years. she later told Women’s Wear nue of €1.39 billion ($1.58 billion),
socket. A heart surgeon in Minne- “Not knowing any better, we per- Daily. Then, after a brief vaca- about 45% of which came from
apolis asked Earl Bakken if he sisted,” Mr. Bakken wrote later. tion, she felt a surge of “energy Japan and elsewhere in the Asia-
could make something better. Af- In 1957, a power outage was like a lion.” Pacific region.
ter consulting a back issue of Pop- blamed for the death of a baby de- Ms. Ferragamo, then 38, in- Seeking to avert family con-
ular Electronics, Mr. Bakken pendent on a plug-in pacemaker. A stalled herself in her late hus- flicts, Ms. Ferragamo initially
within a few weeks fashioned a University of Minnesota heart sur- band’s desk at the company’s paid each child the same salary
wearable pacemaker powered by a geon, Dr. C. Walton Lillehei, asked 13th-century palace in Florence and refused to hire in-laws. She
battery. for alternative technology. and took charge. One by one her avoided breakneck growth and
Though he didn’t realize it at Mr. Bakken found a design for children joined her at the firm. fashion extremes.
the time, Mr. Bakken had finally an electronic metronome in Popu- They extended Salvatore Ferrag- Ms. Ferragamo died Oct. 19 at
stumbled onto a winning product lar Electronics and used that as amo SpA from its base in luxury her home in Fiesole, near Flor-
for Medtronic, the company he co- the model for a circuit. He housed shoes into handbags, clothing, ence. She was 96.
founded in 1949 with the modest the circuitry in a metal box small fragrances and jewelry. —James R. Hagerty
aim of repairing medical equip- enough to be taped to a patient’s
ment. His timing was good: The chest.
development of transistors and church the family attended. After a successful test on a dog,
new plastics was making possible As a teenager, Earl took radios Dr. Lillehei began using the device. T O M JAG O
devices that would soon extend apart and put them back together. Articles he wrote about it created 1925 — 2018
and improve millions of lives. He built a robot that could smoke a stir, and soon Medtronic was re-
Today Medtronic PLC has a cigarettes, a “kiss-o-meter” to ceiving orders from around the
market value of about $125 billion.
Based in Dublin since its 2015
takeover of Covidien, Medtronic is
measure the emotional content of
a kiss and a Taser-like stun gun to
ward off bullies. His mother
world.
In 1960, the company began
work on implantable pacemakers,
Executive Placed Bet
one of the world’s largest medical-
technology companies.
Mr. Bakken, who died Oct. 21 at
helped him find cast-off vacuum
tubes, switches and copper wire to
animate his inventions.
which became the main driver of
growth for Medtronic.
After retiring as chairman in
On Baileys Irish Cream
the age of 94, had no inkling he “My abiding interest was elec- 1989, he and his second wife, Do-
T
was creating anything more than a tricity,” he wrote later. His favorite ris, settled on Hawaii’s Big Island. om Jago, a product-devel- proved. He liked the idea of an al-
local repair shop when he and a movie was “Frankenstein,” about a He helped develop the North Ha- opment executive at Inter- coholic drink for people who
brother-in-law, Palmer Hermund- creature brought to life by an elec- waii Community Hospital. The ru- national Distillers & Vint- didn’t like the taste of alcohol.
slie, set up Medtronic. “We didn’t trical jolt. ral hospital, opened in 1996, fea- ners, in 1973 was looking for a Relying more on a hunch
analyze or study the market,” he tures natural light and lively new drink to be produced by the than research, he sold the idea to
A
wrote in “One Man’s Full Life,” a fter high school, he enlisted colors. London-based company’s Irish skeptical colleagues. It became
1999 memoir. “We just did it.” in the Army Signal Corps Mr. Bakken argued that hospi- arm. He asked two consultants to Baileys Irish Cream. Now owned
Medtronic’s inventions eventu- and became a radar instruc- tals needed to cater to “the rela- brainstorm. by Diageo PLC, the brand is the
ally sustained him physically as tor in Boca Raton, Fla., during tionship between the patient’s The consultants, David Gluck- world’s top-selling liqueur.
well as financially. “I’m on my sec- World War II. He then used the mind, body and spirit in the heal- man and Hugh Seymour-Davies, Mr. Jago later worked
ond pacemaker, and I’m on about G.I. Bill to attend the University of ing process.” It wasn’t all about bantering one morning in their for Moët-Hennessy SA, United
my third or fourth insulin pump,” Minnesota and earn a bachelor’s medical technology, he said. office in London’s Soho district, Distillers Group and Seagram Co.
he told the St. Paul Pioneer Press degree in electrical engineering. His survivors include his wife, a came up with the idea of blending He helped develop Malibu rum,
in 2010. “So I’m glad I invented Noting his talents, university sister, four children and eleven cream into Irish whiskey. They Piat d’Or wines and Johnnie
the company, or I wouldn’t be sit- medical personnel sometimes grandchildren. His first marriage rushed out to buy whiskey and Walker Blue Label scotch. He
ting here.” asked Mr. Bakken to fix ended in divorce, blamed by Mr. cream, returned to the office and liked a glass of scotch at 6 p.m.
Earl Elmer Bakken was born Jan. their equipment. He noticed that Bakken on his preoccupation with mixed the concoction. The taste On the rare occasions when he
10, 1924, and grew up in the Minne- few hospitals had technical staffs Medtronic and his heavy travel was “bloody awful,” Mr. Gluckman had an after-dinner drink, it
apolis suburb of Columbia Heights. to maintain their electrical gear. A schedule. recalled later. A dash of sugar and tended to be port, not Baileys.
His father was a clerk at a farm- chat with his brother-in-law, Mr. chocolate powder improved it. Mr. Jago died Oct. 12 in Lon-
equipment company. His mother Hermundslie, prompted them to Read a collection of in-depth Presented with this liquid des- don. He was 93.
served as secretary at the Lutheran fill that niche by setting up a re- profiles at WSJ.com/Obituaries sert, Mr. Jago immediately ap- —James R. Hagerty
Tesla Faces
Criminal
Probe
Continued from Page One
Model 3 ramp” earlier this
year and was “cooperative in
responding to it.” The com-
pany said it hasn’t received
CHRIS CARLSON/ASSOCIATED PRESS
WORLD NEWS
Turkey Presses Saudi Arabia Over Killing
Erdogan goads Riyadh have more information and “You know how to make anybody were going to be in,
evidence...but there is no them talk,” Mr. Erdogan said it would be him,” he said.
as prosecutors from need to rush. First, Saudi of- he had told the king and the Central Intelligence Agency
both nations prepare ficials will reveal who killed crown prince. “If you cannot, Director Gina Haspel on
Khashoggi,” Mr. Erdogan said. deliver them to us and we Thursday briefed Mr. Trump
to meet this weekend “It is crystal clear that he is will try them.” on her trip to Turkey earlier
murdered but where is the On Friday, the office of Is- in the week to review evi-
BY SUNE ENGEL RASMUSSEN body? You have to show it.” tanbul’s chief prosecutor re- dence, including what Turkish
Mr. Erdogan has led a pres- quested the extradition of the officials say is an audio re-
ISTANBUL—Turkish Presi- sure campaign against Saudi 18 detained men from Saudi cording of Mr. Khashoggi’s
dent Recep Tayyip Erdogan Arabia, Turkey’s biggest re- Arabia ahead of his planned murder and dismemberment.
raised pressure on Saudi Ara- gional rival, since the disap- weekend meeting with the In his first public com-
bia by suggesting he had pearance of Mr. Khashoggi. Saudi chief prosecutor Sheikh ments about the killing on
more evidence to release over The journalist was once a Saud Al-Muajab. Wednesday, Prince Moham-
the killing of journalist Jamal royal insider who later wrote “Jamal Khashoggi was med called it a “hideous inci-
Khashoggi, as he announced critically about the Saudi gov- murdered in Turkey by Saudi dent” and vowed that the
the Saudi chief prosecutor ernment and its day-to-day nationals who traveled to perpetrators would be
would meet Turkish officials ruler, Crown Prince Moham- Turkey for this specific pur- brought to justice, promising
here this weekend. med bin Salman. pose,” a senior Turkish offi- full cooperation with Turkish
In an address to his Justice As evidence in the case has cial said. “It is clear that the authorities.
and Development Party in An- leaked, chipping away at the judicial system in Turkey is The Saudis on Thursday
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WORLD NEWS
Netanyahu
Pays Visit
To Leader
Of Oman
BY FELICIA SCHWARTZ
WORLD WATCH
ASIA
WORLD NEWS
On Caravan Trail,
Grueling Heat,
OPINION
Scott Walker’s Toughest Campaign
By Allysia Finley opted the national stage, Wiscon- cluded operating a vehicle under
sin was a state divided. The gover- the influence, driving with a sus-
N
Milwaukee nor’s reforms to government pended license and unlawfully pro-
T
even unseat Republican Rep. Glenn year-old Mr. Thompson warmed and raising the state’s top income- Times poll shows the Republican
Grothman, who represents the up the small crowd by recalling tax rate. He has also called for ake Bryan Steil, who’s run- ahead by 6 points.
Milwaukee exurbs. how onetime Gov. Jim Thompson rolling back Mr. Walker’s collec- ning to replace Paul Ryan in i i i
But their paramount objective is of Illinois (no relation) during the tive-bargaining reforms. Wisconsin’s First Congres- The stakes in Wisconsin this
to sack Gov. Scott Walker, who 1980s “put a sign up that said Mr. Walker has tried to woo sional District. The southeastern election are higher than in most
sharply curbed public-union power ‘When the taxes get too high in middle-class women by enacting a Wisconsin district is a microcosm states in part because of its bell-
in the state. The governor has Wisconsin, please bring your busi- $100-a-child tax rebate and a five- of the state, encompassing farms, wether status. Gov. Walker’s col-
trailed Democratic challenger Tony nesses to Illinois.’ And then he put day sales-tax exemption this sum- blue-collar towns and bits of sub- lective-bargaining reforms in-
Evers, the state superintendent of up another big sign that said mer for school supplies. Topping urbia. Mr. Ryan has held the seat spired a movement in Republican
public instruction, in most polls. If ‘When the last company leaves his third-term agenda are a $2,100 for two decades, and President statehouses to rein in public
Mr. Walker can engineer a late Wisconsin, turn off the lights.’ ” child-care tax credit, a $5,000 tax Trump won it by 11 points. But unions, so Wisconsin is naturally
comeback, he could help lift some The story was intended to illus- credit for graduates of Wisconsin eight years earlier Barack Obama ground zero in the Democrats’ re-
fellow Republicans to victory. trate how much Republican leader- colleges who work in the state for edged out John McCain. The dis- vanchist campaign. If they beat
i i i ship has changed the economic cli- five years, and an enhanced prop- trict this year highlights the stark Mr. Walker and take Mr. Ryan’s
Wallace Stegner once observed mate in Wisconsin. Now erty-tax credit for homeowners contrasts between the two parties. seat, progressives will be embold-
that California is like the rest of businesses are in such desperate over 62. Similar ideas have been Democrats have nominated the ened. As Wisconsin goes, so may
America, only more so. Nowadays need for workers that the state is promoted by Democrats in states pugilistic ironworker Randy Bryce, America.
this reflection may be more apro- running ads inviting millennials in like Connecticut and New Jersey. nicknamed “Iron Stache” for his
pos of the Badger State. Chicago to move to Wisconsin. One fracture in the GOP is be- thick black mustache. He’s been Ms. Finley is a member of the
Long before Mr. Trump co- “Our idea of the American dream,” tween conservatives who want to arrested nine times—charges in- Journal’s editorial board.
D
underdog status, Mr. Wofford has at- rescue Volvo or Saab. economy. The first step he proposes If democratic socialism is a fan-
tracted a stream of donations. He has octors speak about good cho- What would be the defining char- is “state ownership of certain indus- tasy, socialist economic proposals
more cash on hand than Ms. James lesterol and bad cholesterol. acteristics of a democratic socialist tries.” He doesn’t say which ones. are recipes for economic stagnation.
and is blasting TV ads across the Some people say there’s a country? In “The Poverty of Socialist Democratically elected workers, he “Competitive economies,” the forum
state in an 11th-hour bid to shock the good kind of socialism, democratic Thought,” a 1976 Commentary arti- imagines, would decide what to make says, “are those that are most likely
political world. socialism, that is different from the cle, I argued that “socialism is noth- and what prices to charge. “The to be able to grow more sustainably
A Wofford victory would be more bad kind, the Marxist-Leninist vari- ing more than a vague moral com- trouble with socialism,” Oscar Wilde and inclusively, meaning more likeli-
than a storybook ending; it would ety. There’s an obvious problem with mitment to social justice.” I was is reported to have said, “is that it hood that everyone in society will
also be a gut-punch to the legal strat- this claim: There never has been a wrong. Contemporary democratic so- would take too many evenings.” benefit from the fruits of economic
egy of the Trump “resistance.” Since socialist country that has been dem- cialists have a concrete agenda: They growth.” If the state owns corpora-
President Trump took office, Albany ocratic. The Democratic Socialists of want to eliminate capitalism. The tions, there is no competition, only
has been the nucleus of a litigation America admit it: “No country has DSA says: “In the short term we If the state controls the rivalries among people with political
campaign against the White House. fully instituted democratic social- can’t eliminate private corporations, power.
Former Attorney General Eric Schnei- ism,” the organization says on its but we can bring them under greater economy, competition To argue in favor of competitive
derman—who resigned in May after website. democratic control.” Meagan Day, a is replaced by rivalries economies is not to endorse libertar-
the New Yorker reported he had Democratic socialism is not only an DSA member who works for Jacobin ianism or laissez-faire economics.
physically abused women—had ap- unrealized dream. It is a contradiction magazine, writes for Vox: “In the among politicians. Adam Smith understood that mar-
pointed himself the administration’s in terms. long run, democratic socialists want kets need to be regulated. The nature
chief legal antagonist. In 2017 alone, The DSA argues that democratic to end capitalism.” and extent of market regulation will
Mr. Schneiderman took more than socialism is possible: “We can learn In “The New Socialists,” a New If democratic socialists looked always be a matter of debate, but the
100 legal or administrative actions from the comprehensive welfare York Times article, political scientist more closely at the world, they more the government interferes in
against the administration and con- state maintained by the Swedes.” Corey Robin argues that capitalism would see that a strong market econ- the market, the less competitive an
gressional Republicans. DSA also mentions government pro- should be abolished because “it omy is a necessary condition for economy will be.
Mr. Wofford’s Democratic oppo- grams in France, Canada and Nicara- makes us unfree.” He complains that freedom, though not a sufficient one. Democratic socialists would do
nent, Letitia James, would likely con- gua that smack of socialism. But “under capitalism, we’re forced to The World Economic Forum’s Global well to ponder Yeats’s lines: “We had
tinue these crusades. “We are con- Sweden, France and Canada are not enter the market just to live.” Well, Competitiveness Index lists 10 coun- fed the heart on fantasies, / The
fronting nothing short of the biggest socialist countries, and Nicaragua is yes. Would Mr. Robin want the state tries as having the most competitive heart’s grown brutal from the fare.”
challenge to our democracy in the not democratic. “Sweden allows to be the sole employer? Would he economies: the U.S., Singapore, Ger-
history of this country,” she said in a property and profits,” notes eco- prefer to buy goods at state-owned many, Switzerland, Japan, the Neth- Mr. Miller’s latest book is “Walk-
speech in May. The air of partisan- nomic historian Deirdre McCloskey. stores and eat at state-owned restau- erlands, Hong Kong, the United King- ing New York: Reflections of Ameri-
ship—and its potential to obscure lo- “It allocates most goods by unregu- rants? dom, Sweden and Denmark. Only can Writers from Walt Whitman to
cal problems—rankles Mr. Wofford. lated prices.” The U.S. bailed out Mr. Robin, like all socialists, is two, Singapore and Hong Kong, are Teju Cole.”
A12 | Saturday/Sunday, October 27 - 28, 2018 * ***** THE WALL STREET JOURNAL.
OPINION
REVIEW & OUTLOOK LETTERS TO THE EDITOR
3% Growth, If We Can Keep It Bill, Hill and Monica in the #MeToo Universe
C
an economic growth from tax reform crease it has anticipated for December. Demand Abigail Shrier uses comments made the president’s sexual abuse. It is as if
and deregulation stand up to the head- for dollars is strong, which will reduce inflation- by Hillary Clinton to set up an argu- being an adult is all that it takes to
ment about the morality of interoffice imply consent—but it may not be that
winds from higher interest rates, tariffs ary pressure in the U.S. The rise in long-term
romantic relationships (“Hillary Clin- simple. Had Ms. Lewinsky been a mi-
and perhaps a Democratic Congress? That’s the bond yields means that credit conditions have ton Is Right—Her Husband’s Affair nor, or had either of them been sub-
question we take away from Friday’s strong already tightened. The Fed Governors shouldn’t Was No ‘Abuse,’” op-ed, Oct. 20). This stance impaired, had she been coerced
but somewhat disappointing report on eco- feel they have to raise rates simply because assumes the remote possibility of con- or developmentally disabled, had he
nomic growth in the third quarter. The answer Donald Trump lobbies them not to do so. ceiving of Bill Clinton’s relationship done something objectionable or ig-
isn’t obvious. More worrying is the damage from the tariff with Monica Lewinsky as “dating” or nored her requests to stop—accusa-
The Commerce Department reported that wars that clearly showed in the third quarter. even romantic. Their relationship was tions of sexual misconduct would hold
the economy grew at a robust 3.5% in the third Exports fell 3.5% and goods exports 7%. Exports never on Ms. Shrier’s nostalgic “rocky up as violations of informed consent.
quarter, a mild slowdown from 4.2% in the sec- had climbed in the second quarter in part on road to love” no matter what your def- But imagine him presenting the con-
ond. Consumer spending led the way with a 4% a surge of soybean sales to beat Donald Trump’s inition of “date” or “love” is. sent document: “Monica, kindly read
increase rooted in a tight job market and wage tariff deadline, but now the lost market share Ms. Shrier’s argument holds that this and sign.” It’s a certain buzz kill,
Ms. Lewinsky wasn’t a victim. Yet, vic- as would be the thought of his wife,
gains that have bolstered economic confidence. is setting in. Imports continued to rise and that
tim or not, she is still being blamed by one day reading a copy in the Times.
The economy has now grown by 3% over the last may be related to U.S. firms buying from for- Ms. Shrier. It would take some of the mystery out
12 months. eign suppliers to beat the next White House LISA MEYER of he says/she says, however. It’s
The U.S. economy hasn’t grown at 3% in a cal- border-tax binge. St. Paul, Minn. something to consider.
endar year since 2005, and that is now achiev- President Trump says tariffs are a free lunch, LINDA FREEDMAN
able this year. Barack Obama has recently been or at worst the short-term price to open foreign Chicago
claiming credit for this faster growth as he cam- markets. But that price is rising and it may not Even in the days before #MeToo,
paigns for Democrats, but that boast is right up be short-term. The U.S. has imposed $250 billion President Clinton’s behavior across That Ms. Shrier characterizes Presi-
there with his promise that if you like your in tariffs on Chinese goods, and Beijing has retali- widely disparate levels of power was dent Clinton’s relationship with Ms.
health plan you can keep it. ated with $110 billion on U.S. exports. Canada and recognized as textbook exploitation. Lewinsky as “dating” is patently ab-
Feminists, likely including Hillary Clin- surd and obscures the exploitation and
It’s clear that the Mexico have added $20
ton, then and now, would quickly con- moral depravity that is at the very
Republican policy mix billion more in re- demn such conduct—except in Bill’s heart of Mr. Clinton’s lifelong behav-
of tax reform, deregu- sponse to Mr. Trump’s case. Properly, men would too. ior. Any CEO, as the Journal well
lation and general en- Quarterly percent change in GDP from Q3 in 2015 steel and aluminum tar- PETER C. ESCHMANN knows, who was found to have acted
couragement for risk- through Q3 this year iffs that he still hasn’t Barnegat, N.J. in such a manner would be fired on
taking rescued an lifted despite the new the spot and escorted off company fa-
expansion that was North American trade Ms. Shrier suggests that Bill Clinton cilities by security.
fading fast and almost deal. Negotiations with and Monica Lewinsky being two con- WES POTTER
fell into recession in China are going no- senting adults obviates the question of Natick, Mass.
the last six quarters of where.
the Obama Administra- The U.S. Chamber of
tion. The nearby chart Commerce compiles a Clear Thought, Practice Yield Clear Writing
tells the story that Mr. list of the harm these It is disheartening that college write more clearly and usefully, just
Obama and his econo- trade taxes are doing readiness in math fell to its lowest gave them an average grade of C,
mists won’t admit. across the country. level since 2004, but I am baffled down from B.
Soaring business and States suffering “ex- by the absence of interest in crum- Should we care the about quality
consumer confidence tremely significant bling writing skills (“ACT Shows De- of writing? How can we not?
have been central to damage” include Wis- cline in College Readiness,” U.S. NATALIE CANAVOR
this rebound. consin, with $2.4 bil- News, Oct. 18). When writing was Annapolis, Md.
The third-quarter lion of its exports introduced to the ACT college-en-
disappointment is the slowdown in business in- threatened, Iowa $1.4 billion, Florida $2.2 bil- trance exam in 2006, the average When I taught journalism lab
vestment. Nonresidential fixed investment sub- lion, Georgia $2.8 billion, and Ohio $5.7 billion. score was 7.7. It then fell. Now, the classes for a professor at Arizona
writing test is optional, and the av- State University, I spent the first two
tracted 0.04% from GDP after three quarters of Those are all states with competitive races for
erage score isn’t reported, perhaps weeks teaching students the differ-
strong capital spending. More than 2% of GDP Governor where the GOP could lose its hold on to save everyone embarrassment. ence between “they’re,” “their” and
growth came from a buildup of inventories and the statehouse. The optional essay-writing section “there,” as well as when and why to
0.56% from government spending, notably de- The arbitrary political nature of tariffs of the SAT is required by a declin- use apostrophes. I could tell from
fense. Those are transitory measures that don’t means that they operate much like Barack ing number of colleges. their poor writing that they had
drive growth for the long haul. Obama’s regulatory war on business did. They So American students begin their most likely never diagramed a sen-
The Commerce Department gnomes said raise costs and create uncertainty that affects higher education with poor writing tence, which I was made to do in the
they couldn’t determine how much of this is tens of thousands of business decisions—in pur- abilities and are seldom given reason sixth grade.
hurricane-related, and there could be substan- chases foregone, sales lost or investment not to improve them. Few universities School districts in many states, in-
tial revisions as they sort through the data. made. The longer Mr. Trump takes to settle his concern themselves with teaching cluding Arizona, scream about higher
practical writing skills for the work- pay for teachers and wave their ban-
White House chief economist Kevin Hassett said trade brawls, the greater threat they become to
place. Poor writing skills have been ners as they beg for more money.
Friday he expects there will be revisions. growth and his re-election. identified as the biggest disconnect Your article and my experience show
But it’s already clear that areas of the econ- All the more so because Mr. Trump may between academia and what employ- that most teachers lack the ability to
omy sensitive to interest rates are struggling. soon face an economic challenge from a Demo- ers need, in some cases desperately. teach students what they need to
Housing investment fell 4%, and investment in cratic House, if not Senate. A tax increase Our digital age doesn’t reduce the know to pass the ACT or SAT, proba-
commercial buildings fell 7.9%. Car and truck would be near the top of Speaker Nancy Pelosi’s need for well-written, everyday com- bly because the teachers were never
sales have declined significantly from the first policy list, and she might use the need to raise munication, ranging from customer taught. We baby boomers were prob-
quarter. This isn’t entirely bad news because it the federal debt limit in 2019 to force Mr. correspondence to marketing materi- ably the last generation to receive a
means that, unlike in the mid-2000s, growth Trump’s hand. Mr. Trump can rightly take als to presentations. really good education.
isn’t built on a housing bubble. This would make credit for the economy’s growth surge so far, The Center for Plain Language, CLARE GOLDSBERRY
it less vulnerable to a financial bust. but there are risks ahead. He should remove which pushes federal agencies to Phoenix
But the growth data should cause the Federal any barriers to growth he can without needing
Reserve to think hard about the interest-rate in- Congress or the Fed.
Trump Tweets Obscure Positive GOP Message
Unions Get an Economics Lesson Your editorial “Growth Is on the dent Trump, has mostly embraced
T
Ballot” (Oct. 18) shows why the his personal theme of “better off
he Supreme Court last summer broke a proposed shortening its annual convention by two economy should benefit the GOP. It now because of me.” The GOP has
public-union monopoly, and what do you days, holding virtual meetings and eliminating an also correctly points out the lack missed major opportunities because
know? Unions are learning how to com- expo where organizations hawk services. of messaging by the Republican the president has made the midterm
pete and operate like a business. Recall the warnings that striking down agency Party. campaigns more about himself than
The National Education Association (NEA) fees would augur the death of government unions. I receive many notifications via the importance of having GOP ma-
social media on the policy successes jorities in Congress. If the president
has lost 87,000 fee payers since the Supreme These apocalyptic predictions haven’t panned out,
of the GOP-led Congress, including and more of the GOP had united be-
Court’s Janus decision liberated non-members and instead unions are working harder to find the growth you describe, but I don’t hind the one theme of “better off
from subsidizing union political advocacy. Be- budget efficiencies and engage members. In Cali- see that theme being strongly ex- now because of the GOP majorities
fore Janus, unions could compel non-members fornia, state government union membership has pressed in other media. The GOP’s in Congress,” the party would have
to pay “agency fees” to support collective-bar- increased modestly since Janus. most prominent messenger, Presi- a better chance of winning than by
gaining and related activities including conven- A spokesperson for the California Labor Fed- focusing the midterms on the polar-
tions. Not anymore. eration told the Sacramento Bee this week that, izing president.
Agency-fee defectors account for less than 3% “We had a concerted campaign across the labor Perspective on Khashoggi, KARL MILLER
of the NEA’s dues-paying membership, but the loss movement to really show members the value of White Plains, N.Y.
Other Abused Journalists
has nonetheless compelled the union to scrub its their union, and I think we’re seeing the value
Regarding your editorial “America Your editorial fails to mention
budget. The NEA this year cut $50 million. Mike of that campaign now.” Behold the beauty of a
and the Saudis” (Oct. 22): Is it possi- that the federal deficit jumped 17%
Antonucci at the74million.org says the union has freer labor market. ble to condemn Saudi Arabia for the during the fiscal year that ended
murder of Jamal Khashoggi and still Sept. 30. At a time of strong eco-
After the Mail Bombs applaud it for its stand against Iran,
its willingness to enter into discus-
nomic growth, tax revenues rose by
only 1%. Government spending is a
W
sions with Israel and its attempts to major part of the problem, but un-
e suppose it was only a matter of racy. It’s Time to Destroy Trump & Co.” Hodg- modernize? less punishing cuts are made to en-
time before the hyperpartisan kinson was an ardent supporter of Senator Ber- Why is the case of the Khashoggi titlements, the deficit and debt cri-
forces now driving American poli- nie Sanders. We cite the Hodgkinson shooting being blown up to such a degree sis cannot be addressed without
tics overwhelmed the reality of events. With not for the purpose of establishing moral equiv- while hundreds of journalists remain more revenues and a fairer, less-
this week’s pipe bombs, that moment may have alence between these two events, but to make in jail in authoritarian Turkey and complicated tax system. We are all
dissenters remain jailed by the Pal- in this together. Some of our cur-
arrived. clear that both came from the country’s ex-
estinian Authority, China, Venezuela rent short-term growth has come at
The reality, previously known as the facts, is treme lunatic fringe. and other countries though, for the the cost of rising annual deficits.
that for days this week public critics of President After the Congressional shooting, no serious most part, the media is silent about RICHARD H. DAVIES
Trump received what appeared to be bombs in person suggested that Bernie Sanders had cre- them? New York, N.Y.
the mail. On Friday federal authorities arrested ated James Hodgkinson. But now, apparently, MENDL MALKIN
a Florida man, Cesar Sayoc, and charged him any event such as these mail bombs—no matter Toronto, Ontario
with crimes related to the mailed bombs. He ap- that nothing was known about their origin—is Pepper ...
pears to be a supporter of Mr. Trump. instantly fair game for political recrimination And Salt
By any measure, these packages represented in the U.S. It would be understandable if the Not all Hostages Are Like
a grave public threat. So it was astonishing, public’s reaction to the political smackdown Pastor Andrew Brunson THE WALL STREET JOURNAL
even by current standards, to see this threat de- they’ve seen over this bomber was simply dis-
Regarding your editorial “Freedom
generate immediately into the familiar and gust with the political class and its combatants.
for an American Hostage” (Oct. 13):
crude narrative of the Democrats versus Donald It’s called “the swamp,” all right, and a swamp President Trump secured the release
Trump. Congressional leaders Chuck Schumer often reeks of toxicity. of Pastor Andrew Brunson. President
and Nancy Pelosi asserted in a joint statement, Both sides should step back from this toxic- Obama secured the release of Army
even after a calming presidential statement, ity, and that offers a particular opportunity to deserter Bowe Bergdahl.
that “the President has condoned physical vio- Donald Trump. Someone in authority has to dis- Pray tell the American people
lence and divided Americans.” A New York mag- play leadership, and Presidents in these circum- whose release was more deserving?
azine headline online Friday read: “Trump’s stances have a special platform. He is upset, GERALD KATZ
party is the petri dish for diseased minds that with reason, that he’s getting blamed for Cesar Edwards, Colo.
grew Cesar Sayoc.” Sayoc. But Mr. Trump should understand that
On June 14 last year, James Hodgkinson—the the Democratic and media resistance wants him Letters intended for publication should
left-wing mirror image of the apparently right- to respond in kind and escalate, so they can be addressed to: The Editor, 1211 Avenue
of the Americas, New York, NY 10036,
wing Cesar Sayoc—opened fire with a rifle into blame him some more. or emailed to wsj.ltrs@wsj.com. Please
the Republicans’ Congressional softball prac- He will get more credit than he imagines if include your city and state. All letters
tice. Two Capitol police shot him dead. Earlier, he surprises them by rising above for once and are subject to editing, and unpublished “Expect severe storms
Hodgkinson had posted on Facebook: “Trump urging partisans on all sides to return to a letters can be neither acknowledged nor overnight, with a 60%
returned.
is a Traitor. Trump Has Destroyed Our Democ- saner, less virulent politics. chance of apocalypse.”
THE WALL STREET JOURNAL. * * * * Saturday/Sunday, October 27 - 28, 2018 | A13
OPINION
T
protect the liberties that have when he issues pained vows of
he attempted bombing of allowed this nation become the unity. Everyone assumes his
political figures is domes- miracle of the world.” A Repub- staff told him to do it and in a
tic terrorism meant to dis- lican might say, “At its best and burst of amiability he did. When
rupt and intimidate. That most sincere, the Democratic he’s obnoxious, people believe
it came to light less than Party hopes to help those in he’s speaking his mind.
two weeks before an election whose peril, and to soften disparities Mr. Trump has ushered in a
outcomes may constitute a national of wealth and opportunity.” new presidential era of verbal
rebuke to—or soft boost of—Presi- The dirty secret of most po- roughness. At his rallies he sees
dent Trump’s controversial leader- litical professionals is that they himself as being provocative
ship means that passions are high do see virtues in the other and humorous and teasing. His
and will stay so. Things are feeling party. And when you show re- crowds know he is entertaining
primal, tribal. spect for people, they tend to them and they have fun back,
There’s more than enough time put down their rocks. re-enacting their old 2016 fervor
CHAD CROWE
before the voting for the gates of hell Does this sound dreamy or with “Lock her up!” and “Build
to open. Let’s try to keep them shut. otherworldly? Yes. But a tender the wall!” They don’t emerge
What can help? Some things I’d moment isn’t the worst thing whipped into a rage; they leave
like to see: that could happen to us right in a good mood, though tired
now, and enraged people will find it crowds to get in Republicans’ faces; what they say—that intimidation is from standing so long because he
boring. We want them bored. And Hillary Clinton says you can’t treat part of the plan. speaks so long.
Politicians in both parties actually I don’t mean it as sentimen- them civilly. Republicans see the There is too much blindness to The president knows half the
need to clean up their tal but reorienting—a reminder for screamers and harassers at the Ka- how the other side is experiencing country is watching, and dislikes and
some and an education for others vanaugh hearings, the groups the situation. It’s in the news media, disdains what it sees. What he
own side of the street. about what it is we’re trying to do swarming Republican figures when too. Politicians should have a greater doesn’t seem to know is that the un-
here. they dine in public, antifa. A man awareness of their own role in the stable are watching, too. They get
Claire McCaskill, Sherrod Brown, who wrote “It’s Time to Destroy drama. revved up, ginned up, pro and con.
A suspect was arrested Friday let us hear you on what you know to Trump & Co.” on Facebook didn’t in- Thursday morning New York Gov. There is danger in this.
morning. It‘s good that law enforce- be admirable in the Republican sult Rep. Steve Scalise last year; he Andrew Cuomo was on television, Mr. Trump seems to think only
ment appears to have used every re- Party—and in Republicans. Ted Cruz, shot and almost killed him. The in- saying words that were meant to be about his audience and his foes. He
source available to find the bomber Martha McSally, the same from you timidation is coming from the left. helpful. We’re not Democrats and doesn’t seem to proceed with a
or bombers, which will help in re- on the Democrats. Show some large- Trump supporters don’t take him Republicans really, he said, we’re broad knowledge that there are the
turning an air of order. As the inves- ness. We’re dying of smallness. seriously when he issues his insults. Americans; we can’t be divided. It unstable among us, and part of your
tigation continues, all law enforce- Both parties could absorb an es- He’s kidding; he doesn’t mean it; he’s was good, he clearly meant it. But he job as president is not to push them
ment should be extremely, unusually sential truth of the moment. Trump. You’re lying when you say he spoke as if he had no memory of over the edge. It can get ugly when
forthcoming about the facts and Democrats really and sincerely makes you afraid. strikingly divisive words he’d uttered you do.
state probe. We’re all tired of their see the threat of violent words and But the left finds him, and some just a few years ago. In January 2014 In a funny way he seems to think
swanning around after school shoot- actions as coming from the right. of his allies, honestly—honestly— he said of those who are pro-life, everything’s more stable than it is,
ings with their secret information It’s Mr. Trump—he’s hateful and has dangerous. pro-traditional-marriage and pro-gun that the veil between safety and sur-
we can’t have. Be as open as possi- no respect and it sets a tone. He en- Just as the right finds Ms. Waters that they are “extreme conserva- prise is thicker than it is. Maybe you
ble without injuring the investiga- courages fights at his rallies; he said and Mr. Booker and Mrs. Clinton and tives” who have “no place in the assume everything’s safe when
tion. This may help calm the finger the other night that a congressman the swarms and the hissers and antifa state of New York.” No place in the you’ve spent your whole adult life, as
pointing. “It was a left-wing false- who pushed around a reporter was honestly—honestly—the threat. state of New York? That is an ex- he has, with private security and pri-
flag operation!” his kind of guy. He calls the press Neither side appreciates—neither treme and aggressive statement, and vate cars, surrounded by staff.
Everyone running for office the enemy of the people. He widens side credits—the anxiety the other it speaks of how too many progres- Maybe that makes you careless, or
should admit things have gotten too all divisions, mindlessly yet oppor- side legitimately feels. They have no sives and liberals feel about conser- too confident.
hot, too divided. Then they should tunistically. No surprise his adver- sensitivity to it. They had better get vatives. This kind of thing isn’t new, But few of our political leaders
try to cool the atmosphere. Next saries are being sent bombs. some. and it’s contributed to the moment seem especially sensitive to the pre-
Tuesday will mark one week before Republicans and the right truly, When conservatives see a liberal we’re in. cariousness of things. I wish they
the election. Candidates should de- deeply see the threat as coming from or progressive not condemning Mr. Politicians, don’t lecture us. Clean worried about the country more.
vote the day to something different. the left. Rep. Maxine Waters and Booker or Ms. Waters, they assume up your own side of the street. That really is dreamy and other-
It would be good to see every one Sen. Cory Booker actually told it’s because the liberal agrees with As to the president, one thought. worldly, isn’t it?
T
the false expressions of love from his The line must resonate for many ter he is, as he says, “more sinned mately stand-ins for a greater antag-
he scholar A.C. Bradley ren- eldest daughters, Goneril and Regan, parents who invest so much in their against than sinning.” onist. Now on the downward curve of
dered a magisterial judgment while banishing his youngest, Corde- children only to have them fail to If “King Lear” is a lesson in the life, Lear faces the reality of death.
in 1904: “King Lear” is Shake- lia, who truly loves him but refuses show sufficient gratitude or, worse, unexpected results of child-rearing, Viewers and readers of the play can
speare’s least popular play—but also to flatter him. it also dramatizes the vicissitudes of grasp this only when we reach the
his greatest. Few people are as credulous as retirement. It captures the existen- age when death, formerly hidden by
I’ve taught Shakespeare to college Lear or have children as exploitative ‘King Lear’ confronts the tial abyss that can open when a the clutter of ambition and child-
students for many years, and I can at- as Goneril and Regan. But Cordelia once-solid identity begins to melt, rearing, reveals itself.
test that “Lear” is both difficult to strikes me as a relatable case. She challenges of the empty and purpose gives way to purpose- At that point “King Lear” counsels
like and a profound work of genius. was Lear’s favorite, and he felt most nest, retirement and facing lessness. Lear is deprived of his reti- us to moderate our expectations and
But unlike Bradley, who attributes the confident in her devotion. Yet when nue and thrown out into a storm, re- sense of entitlement with regard to
problem to technical issues of perfor- pushed by her father to express her one’s own mortality. duced to his most elemental self—a our children, to accept a diminished
mance—he called the play “too huge love, she simply explains that she “poor bare, forked animal.” We baby professional identity as we age, and
for the stage”—I think its unpopular- loves him “according to my bond; boomers, aging amid a technological to be philosophical in the face of our
ity is a function of demographics. nor more nor less,” and that some respond with resentment. This is landscape that changes at dizzying inevitable mortality. These are pro-
Viewers and readers can fully grasp it portion of her affection will be di- the great aftershock of parenting, speed, must sympathize. We, too, found messages but not cheerful ones,
only once they’ve passed 60, and by rected to her husband once she mar- and Lear is hit by it on two fronts: face a storm that can make even the which is why “Lear” is both a great
that point they may not like what it ries. This honest response—perhaps first with Cordelia’s muted re- most successful among us feel lost work and an unpopular one.
has to say. excessively honest—sends Lear into sponse, and later with his other and diminished.
In the opening scene, Lear decides a rage. He berates Cordelia: “Better daughters’ cruelty once they no lon- Lear rages at the ingratitude of his Ms. Cohen is a dean and English
to relinquish the throne and divide thou hadst not been born than not to ger need him. In the former case, daughters and the crumbling of his professor at Drexel University.
his kingdom among his three daugh-
ters. He asks only that each tell him
how much she loves him before he
bestows his gift. To my students,
this scene seems ridiculous. Why
Megyn Kelly, Elizabeth Warren and PC Power
would a father make such a demand If Megyn Kelly had Laminated. . . . Only 3 left in stock— in exactly which tiny fraction of Ms. found comfort, security and whis-
of his children? Why would he want omitted the word order soon.” Warren’s DNA can be said to have perings of power in the designation?
them to express their love in such a “blackface” when Not to mention masks and cos- been inherited from an American In- Victim status has become a prized
contrived way? maintaining there’s tumes related to countless other dian ancestor. “Five genetic seg- status in our society. It’s a base from
But for someone older, the de- nothing offensive white and black celebrities—or Poca- ments were identified, with 99 per- which to launch assaults on the dig-
mand makes more sense. It reflects about a white per- hontas—offered without any instruc- cent confidence, as being associated nity and equanimity of others when
Lear’s suspicion that his grown chil- son dressing up as tion saying “to be used only by per- with Native American ancestry,” the need arises. It’s also a defense
BUSINESS
dren no longer need him as they a famous black sons of the same race.” specified the Washington Post. against such assaults, which can land
WORLD
once did, and that their love, rooted person on Hallow- By her own admission, Ms. Kelly “The largest segment identified on anybody at any time.
By Holman W.
in their childhood weakness and de- een or vice versa, has decided the syllables “blackface” was on Chromosome 10.” All this comes serendipitously in
Jenkins, Jr.
pendency, may have evaporated. His she’d be fine now. were needlessly provocative. She Meaning what? Meaning nothing. the wake of a widely heralded survey
decision to give his daughters the NBC would have to has apologized. Surely when no of- Sen. Warren was not raised a Native that finds political correctness to be
kingdom could spring from a desire find another excuse to fire its fense is intended, none should be favored by nobody except a narrow
to win back the love he fears he has highly paid host for disappointing taken? Wrong. Taking offense has strata of affluent, white, highly edu-
already lost. ratings. “Who doesn’t love Diana become an opportunity—a delicious Why playing race and cated progressives. Political correct-
It may seem stupid for Lear to Ross?” said Ms. Kelly in on-air com- chance to exercise power, to intimi- ness is defined, in so many words, as
compound his vulnerability by giving ments offensive only to the eager- date, to terrorize. And, sadly, many gender ‘gotcha’ is mostly a readiness to play “gotcha” around
away the only leverage he has left. to-be-offended. among us seem to pant after such a preoccupation of issues of race and gender. Virtually
Yet I think most parents would find If she’s wrong, then Amazon is in opportunities. everybody else—of every age, sex,
his actions understandable. It is pre- deep trouble too: “Barack Obama Which is why NBC News chief educated, affluent whites. ethnic and income group—agrees
cisely when we feel unloved that we Mask—Perfect for Halloween, Mas- Andy Lack took the opportunity not there’s too much of it.
are most in need of reassurance, and querade, Parties, Events, Festivals, to be a victim of such opportunism Or as New York Magazine’s An-
thus most likely to behave irratio- Concerts—Jumbo Size Waterproof by quickly finding a forum to bash American. She did not grow up on a drew Sullivan aptly summarized:
Ms. Kelly in a way he knew would be reservation. She hasn’t claimed “One might be forgiven for thinking
picked up by the press. membership in a tribe. Her progress that ‘wokeness’ is, in fact, a mere
That’s the real story here. A white in the world, for whatever it’s worth, virtue signal among the white upper
PUBLISHED SINCE 1889 BY DOW JONES & COMPANY executive at Netflix was fired in June has been that of a person seen and classes in their own struggle for
Rupert Murdoch Robert Thomson by a white executive at Netflix for known by others as a white woman power and influence among them-
Executive Chairman, News Corp Chief Executive Officer, News Corp
saying the “N-word” during an inter- of European descent. selves.”
Matt Murray William Lewis
Editor in Chief Chief Executive Officer and Publisher
nal discussion about when it’s per- The Boston Globe, to which she Ms. Kelly is white; the NBC execs
Karen Miller Pensiero, Managing Editor DOW JONES MANAGEMENT:
missible to use the “N-word.” In Au- first brought news of her DNA re- shoving her out the door are white.
Ramin Beheshti, Chief Technology Officer; gust, an Emory professor was sult, bent over backward to find that Ditto the Netflix protagonists. Ditto
Jason Anders, Chief News Editor;
Thorold Barker, Europe; Elena Cherney, Coverage
Mark Musgrave, Chief People Officer; disciplined after saying the same Ms. Warren had not benefited pro- most of the professors and deans in
Edward Roussel, Chief Innovation Officer;
Planning; Andrew Dowell, Asia; Neal Lipschutz,
Anna Sedgley, Chief Operating Officer;
word in a class discussion of a legal fessionally from her claim to native the numerous campus cases. A lot of
Standards; Alex Martin, Writing;
Christina Van Tassell, Chief Financial Officer case in which the word was pivotal. ancestry. Never mind that: “She cowardice may be implicated here,
Michael W. Miller, Features & Weekend;
Shazna Nessa, Visuals; Rajiv Pant, Product & OPERATING EXECUTIVES: For the reductio ad absurdum, see listed herself as a minority in the but it’s not stupid cowardice: All in-
Technology; Ann Podd, News Production; Kenneth Breen, Commercial; the Wikipedia entry entitled “Con- Association of American Law volved have much to lose—position,
Matthew Rose, Enterprise; Michael Siconolfi, Jason P. Conti, General Counsel; troversies about the word ‘nig- Schools legal directory from 1986 to status, income.
Investigations; Louise Story, Strategy; Tracy Corrigan, Chief Strategy Officer;
Nikki Waller, Live Journalism; Frank Filippo, Print Products & Services; gardly’ ”—a term with no etymologi- 1995. She had her ethnicity changed On that point, some believe Ms.
Stephen Wisnefski, Professional News; Steve Grycuk, Customer Service; cal relation to the ugly racial from white to Native American at Warren’s DNA ploy was actually a
Carla Zanoni, Audience & Analytics Kristin Heitmann, Chief Commercial Officer; epithet. the University of Pennsylvania in De- clever act of jujitsu against her 2020
Nancy McNeill, Corporate Sales;
Gerard Baker, Editor at Large Which brings us to the intrinsi- cember 1989, about two years after Democratic rivals, especially Sens.
Josh Stinchcomb, Advertising Sales;
Paul A. Gigot, Editor of the Editorial Page; Suzi Watford, Chief Marketing Officer; cally silly Elizabeth Warren story she started teaching. And she agreed Cory Booker and Kamala Harris, who
Daniel Henninger, Deputy Editor, Editorial Page Jonathan Wright, International that refuses to die, concerning her to be listed as Native American at aren’t white. Now both will find it
WALL STREET JOURNAL MANAGEMENT: DJ Media Group: Almar Latour, Publisher
Joseph B. Vincent, Operations; Professional Information Business: Christopher DNA. Harvard but only four months after harder to intimate that Ms. Warren
Larry L. Hoffman, Production Lloyd, Head; Ingrid Verschuren, Deputy Head Important media outlets assigned she started her tenured job.” should be disqualified on the basis
EDITORIAL AND CORPORATE HEADQUARTERS: their reputedly smartest reporters to Who doubts that Ms. Warren be- of “white privilege” without sound-
1211 Avenue of the Americas, New York, N.Y., 10036 dig into gene math, as if the signifi- gan referring to herself profession- ing a bit like Donald Trump with his
Telephone 1-800-DOWJONES
cance of this episode is to be found ally as Native American because she “Pocahontas” rhetoric.
A14 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
SPORTS
SOCCER
BY JOSHUA ROBINSON
Weather
NFL
Shown are today’s noon positions of weather systems and precipitation. Temperature bands are highs for the day.
40s 20s
ROLLER-COASTER BROWNS
40s d t
Edmonton <0
Vancouver
Vancouver Calgary
0s
50s 30s 10s
p
Winnipeg
Seattle 20s
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Portland 40s Montreal 30s
l
Helena 60s Ottawa
Eugene 50s 40s
60s g
Billings
Bismarckk A
Augusta BY ANDREW BEATON
Boise
i 50s
p /St.. Pa
pls
Mpls./St. Paul T
Toronto A b y
ban
Albany t
Boston
ff
Buffalo rtford
Hartford 60s
Pierre Sioux
P oux FFalls
Milwaukeek Detroit 40s The first game of the
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Cleveland New Yorkk
ew Y 70s
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h 80s
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p g
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Indianapolis Pittsburgh blueprint for pretty much ev-
Denver h g on D.C.
Washington DC 90s
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pointing and promising. And
an Diego
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kl ma City
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70s Tucson
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Jackson ing.
RON SCHWANE/ASSOCIATED PRESS
TECHNOLOGY |
EXCHANGE
MANAGEMENT
NASDAQ 7167.21 g 2.1% STOXX 600 352.34 g 0.8%
THE WALL STREET JOURNAL.
10-YR. TREAS. À 16/32 , yield 3.077%
* * * * * *
Valuation
Soars for
‘Fortnite’
Creator
Bringing Maker of hit videogame
draws new investment
UpBaby’s
BY SARAH E. NEEDLEMAN
AND KATIE ROOF
Market
smash-hit videogame “Fortnite,” is
valued at almost $15 billion as part of
a major new investment round, ac-
After missing out cording to people familiar with the
matter.
on major shifts in The company on Friday announced
Share
consumer tastes and investors have purchased $1.25 billion
in stock. People familiar with the mat-
watching sales stall, ter said not all of the money is going
directly to the company: A portion
Johnson & Johnson represents shares being sold by exist-
has remade its baby ing stakeholders who are cashing out
some of their investment.
line from head to toe. Epic said the new investors repre-
sent people at the forefront of com-
Catching up petitive and live gaming events, areas
won’t be easy. that have elevated the industry’s visi-
bility. They include traditional invest-
ment firms KKR, Kleiner Perkins and
Lightspeed Venture Partners, as well
aXiomatic, which owns the competi-
tive-videogaming organization Team
Liquid. Epic had no further comment
PHOTO ILLUSTRATION: WALL STREET JOURNAL; BABY: GETTY IMAGES; BOTTLE: F. MARTIN RAMIN/THE WALL STREET JOURNAL
on the investment.
Already Epic counts China’s Ten-
cent Holdings Ltd. and Walt Disney
Co. as investors. Tencent said in 2012
it paid approximately $330 million for
a 48% stake in Epic.
“Fortnite” vaulted to the top of the
more than $100 billion industry by
putting a cartoonish spin on the clas-
sic shooter genre. In its “Battle Roy-
ale” mode, 100 players compete to be
the last team or player standing, in-
stead of players endlessly roaming a
battlefield offing each other.
Epic, which released the mode free,
makes money by selling virtual cos-
tumes and dance moves for the
game’s characters. The company has
raked in more than $1 billion in reve-
nue from these so-called microtrans-
actions over the past year, according
to estimates from SuperData.
The game’s popularity has fueled a
cottage industry of videogame tutors
and knockoff modes in new games
from bigger rivals such as Activision
Please turn to the next page
S&P 500
Flirts With
I
BY JONATHAN D. ROCKOFF able to gain a foothold with young parents, the “trustmark.”
hit a jackpot worth $1.54 billion in Netherlands show about two out of and Google parent Alphabet disap-
estimated annuity value (or $878 three people prefer to stagger their pointed investors, sending the two
million in cash). ticket buying out over more than stocks sharply lower Friday and
Only days ago, the scramble to one day, presumably to savor the pushing the tech-heavy Nasdaq Com-
buy tickets was highlighting some prospect of winning for even longer. posite to its worst week since
basic aspects of human nature: If someone told you that your gone from $100,000 to have been exploiting that human March.
Money isn’t only about wealth, and odds of winning a lottery had just $100,000,000, your pulse would quirk for centuries. “Once you start seeing a slow-
people don’t understand probability. improved to 1 in 100,000 from 1 in probably quicken. Probabilities are Before issuing shares of stock be- Please turn to page B10
What’s more, the feeling of control 100,000,000, you would probably be pallid and impersonal. Money is came a common means of attracting
can lead any of us to take risks we mildly interested. If, however, you vivid and emotional. capital, companies often raised Heard on the Street: It might be a
wouldn’t otherwise run. Even if you found out that the jackpot had just Companies and governments Please turn to page B6 selloff, but not a bear market...... B11
B2 | Saturday/Sunday, October 27 - 28, 2018 * ***** THE WALL STREET JOURNAL.
THE SCORE
THE BUSINESS WEEK IN 7 STOCKS
–10 Netflix
SUPER MICRO COMPUTER INC. BOEING CO. AT&T INC.
–12
starting in 2009. The problems cost Ms. Green, a freelance marketer The game industry’s biggest
J&J billions of dollars in sales, and who has signed similar social-media players also have grown. In the
hundreds of millions to fix. J&J deals with other companies, says she U.S., share prices for the top pub-
says the manufacturing problems agreed to work with Johnson’s be- licly traded game makers by mar-
weren’t related to Johnson’s, and it cause its shift to more-natural ingre- ket capitalization—Activision Bliz-
has since passed government and dients fits with her postings about zard, Electronic Arts Inc. and Take-
third-party inspections. motherhood and healthy living. She Two Interactive Software Inc.—
Manufacturing consumed much of declines to say how much she gets have more than doubled. Earlier in
the consumer business’s attention at paid for the posts. the week, Take-Two’s stock popped
the time, says Erica Robinson, an as- For an upcoming post, Ms. Green nearly 10% on strong reviews of its
sociate brand manager during the is planning a video review of a new latest big release, the Western
recalls. She had to give back the Johnson’s baby lotion infused with shoot-’em-up “Red Dead Redemp-
$400,000 in her budget that was al- tiny, milled cotton particles. The tion II,” which could rival “Fort-
lotted for Motrin store displays, and company hopes the new “Cotton- nite” for players’ time and money.
scrap focus groups. Touch” line will re-establish the Much of the growth has been
It was a bad time to cut back on company’s reputation for cutting- fueled by in-game purchases of vir-
marketing and research, because edge products. tual weapons and other goods on
consumer preferences were chang- Ms. Lewis and Ms. Khanna say mobile apps, as well as download-
ing. The Internet was emerging as a they see positive signs from the able side missions in console and
destination for new parents looking overhaul. J&J’s internal data points PC games that can suck in gamers
for information on baby products. to a two percentage point increase in for countless hours. “Fortnite”
More of these parents were seeking Johnson’s U.S. market share over the checks both boxes.
products with natural ingredients, last three months, and sentiments on The industry has faced criticism
such as raw shea butter and argan social media have improved. But over tactics for keeping players
oil—and heeding recommendations challenges abound. hooked, such as offering rewards
of other parents online. A Johnson’s baby A string of personal-injury law- for frequent logins and tapping
“There was a desire to stay up- powder ad from about suits alleging that women’s use of into fears of missing out with lim-
to-date with the consumer, but 1900; Alison Lewis, Johnson’s talcum powder resulted in ited-time offers. “Fortnite” had at-
there wasn’t a focus or energy chief marketing officer ovarian cancer have grabbed head- tracted more than 125 million play-
there,” says Ms. Robinson, who left for J&J’s consumer- lines. Most recently in July, a jury in ers as of June, according to Epic.
J&J in 2012. “It was all going to health business, has St. Louis, awarded $4.7 billion in Eyeing a move into competitive
manufacturing issues.” helped lead the damages to 22 women and their gaming, known as esports. Epic re-
Where J&J did seek to modernize, Johnson’s revamp. families. Other cases allege that the cently pledged $100 million in
it took half-steps. In response to powder is tied to mesothelioma. “Fortnite” tournament prizes.
growing interest in natural ingredi- ing to appeal to new J&J disputes the allegations, say- Last month, fans clocked in 104
ents, J&J scientists removed phthal- customers would repel ing “Johnson & Johnson is confident million hours watching the game
ates and other chemicals from prod- those who had stuck that its products do not contain as- being live-streamed on Ama-
ucts, but didn’t publicize the with Johnson’s. bestos and do not cause ovarian can- zon.com Inc.’s Twitch, down from
changes, to avoid the impression After hours, a truce cer” or mesothelioma. It has filed a 149.3 million hours in July, accord-
chemicals were unsafe, according to was reached. What if motion to appeal the $4.7 billion ver- ing to Newzoo BV. Still, it remained
company officials. the bottle itself were dict, which has not been heard yet, the No. 1 most watched game on
In 2013, J&J hired Alison Lewis, a Project Apollo colored in the shampoo’s familiar and has succeeded in overturning Twitch as of September, a rank it
marketing official from Coca-Cola The executives agreed to a total shade, a packaging official sug- some of the other verdicts. Ms. has held since March.
Corp., to oversee marketing for the revamp—including the first major gested. And everyone agreed the yel- Lewis says such decisions haven’t af- —Rolfe Winkler
consumer business. Ms. Lewis saw changes to Johnson’s packaging low dyes would be brought back if fected consumers’ perceptions of contributed to this article.
Johnson’s U.S. sales falling in weekly since 1973. consumers weren’t happy. Johnson’s.
market-data reports she received, J&J hired data scientists and so- It took more than a year to work Yet marketing experts say these
but the spreadsheets indicated mar- cial economists for its in-house think out how to keep the new shampoo trials could be damaging. J&J’s repu- Leveling Up
ket share was still hovering above a tank. The team replaced the weekly from yellowing over time, Ms. Alvar- tation suffers every time a jury re- Annual global microtransaction
healthy 40%. That suggested the sales and share reports with a web- ado says. In 2017, results from sur- turns a multimillion-dollar verdict, revenue by platform
franchise needed help, Ms. Lewis re- based application dubbed Panorama veys of hundreds of Johnson’s con- according to data company TruValue
calls thinking, but not life support. that broke down the market online sumers who were given samples of Labs. $80 billion 2018
to date
She pinned hopes on a marketing and in traditional channels. the new shampoo came back. They Meantime, rivals like California
campaign launched in February J&J interviewed parents and con- liked it. Baby aren’t standing still. California Console
2015. “Why just clean your baby, ducted focus groups. It surveyed After six decades, the gold sham- Baby is reformulating products to re- 60 $1.5B
when you can give her so much them online and mined their conver- poo was going to be clear. place traditional preservatives with
PC
more?” television spots asked. sations from Facebook to Amazon. “It seems impossible when you’re those made from basil and other
40 $17.9
The numbers didn’t improve. By All told, it collected insights from being told, ‘Look, this is the most plants, some of which are grown on
the fall, Johnson’s share of the U.S. 26,000 people. precious brand and you need to a 100-acre organic farm. The pri-
market was headed toward a drop The lessons were painful. “We change everything—and make sure vately held company plans to begin Mobile
20
below 40%, according to Nielsen, were still not being trusted,” says everyone loves it just like they did selling a lotion with the plant-based $45.2
even as the baby-care market was Deeptha Khanna, who now leads before,’” Ms. Alvarado says. preservatives in the next two weeks.
growing overall. J&J’s global baby-care business. She The company’s new digital-mar- “We never used sulfates and that
0
As Ms. Lewis pored over the data says the market research suggested keting plan is another key part of the was 20 years ago,” says Jessica
with her colleagues, she began to see that J&J had too much “confidence strategy to restore the brand’s rele- Iclisoy, California Baby’s founder and 2012 ’13 ’14 ’15 ’16 ’17 ’18
the problem. The data firms J&J re- that our products continued to be vance. Among the steps it is taking chief executive. “We are 10 steps Source: SuperData
lied on, including Nielsen, captured best in class and” failed to keep up to promote the overhauled products, ahead of everybody.” THE WALL STREET JOURNAL.
THE WALL STREET JOURNAL. * * * * * * * Saturday/Sunday, October 27 - 28, 2018 | B3
BUSINESS NEWS
Microsoft
Defends
Apple Looks for Low-End Boost
BY TRIPP MICKLE strong enough to lift unit can save money and have more
Launching Pad sales, said Mike Levin, co- battery life,” Mr. Sedillo said.
BY RACHEL LOUISE ENSIGN them right now,” said Christian Grothe, chief executive of Al- unexpected market shocks, ciation, a U.S. trade group. But but one reason the tariffs have
Wellner, executive board mem- imex, which reported global such as the Trump administra- domestic production of failed to substantially boost
Bank of America Corp. on ber of Germany’s GDA associa- sales totaling €60 million tion’s trade sanctions this 740,800 metric tons last year U.S. production is high elec-
Friday said Vice Chairman tion of aluminum companies. ($68.5 million) last year. spring against Russia’s United compared with total imports of tricity costs, which make open-
Terry Laughlin, who oversaw Some producers, such as Al- Globally, base aluminum Rusal Co., the world’s second- 4.9 million metric tons, so the ing new lines or restarting
the bank’s sprawling wealth- imex GmbH, a Germany-based prices are down about 7% from largest aluminum producer. gap remains significant. mothballed smelters uneco-
management business, died un- maker of cast-aluminum prod- a year ago and off 24% from a The U.S. delivery premium is The U.S. accounts for 9% of nomical. Both Century Alumi-
expectedly at age 63. ucts, are reporting rising U.S. high in April, according to the typically among the highest in the world’s consumption of num Co. and Alcoa Corp. re-
Mr. Laughlin, a member of sales. The reason, according to London Metal Exchange bench- the world, according to S&P raw aluminum but just 1% of cently decided against
the bank’s executive-manage- Alimex: Many of its U.S. rivals mark price, as Chinese produc- Global Platts. The high pre- the production. restarting more production af-
ment team, was a close adviser used the tariffs to raise prices, tion feeds a global glut. But the mium, which acts as a magnet “So far it’s been surprisingly ter activating some smelter
to Chief Executive Brian Moy- and non-U.S. companies have regional delivery charge at- for foreign-made aluminum, has smooth sailing for folks ex- lines last spring and summer.
nihan. The two had worked to- followed suit, sometimes more tached to that base price for weakened only modestly since porting to the U.S.,” said Dave Higher aluminum prices,
gether on and off for decades. than offsetting the 10% duty market-specific expenses has running up this spring when Ernsberger, co-head of content though, have encouraged for-
Mr. Moynihan took the top set by the U.S. government. more than doubled in the U.S. the U.S. tariff was enacted. at S&P Global Platts. “U.S. pro- eign groups to expand their
job in 2010 with a mandate to “Trump has managed to in- from a year ago to about $433 Imports of raw aluminum duction is likely to rise, but the own U.S. capacity. Germany’s
repair the teetering bank, and crease the price level in the per metric ton, offsetting the fell 14% from January through base is small, and the U.S. con- Alimex, for instance, is now
appointed Mr. Laughlin to se- U.S. locally, and that amid in- decline in the base price. the end of August, according to tinues to import the vast ma- fast-tracking a €4.5-million in-
nior roles including salvaging creasing demand. We have The delivery charge reflects the U.S. government. Domestic jority of its aluminum.” vestment in the U.S.
the bank’s troubled mortgage managed to increase prices be- not only the tariff but also de- production was up 13% for the Profits for U.S. aluminum —David Hodari
portfolio and helping resubmit yond the 10% [levy] for some livery costs, rising demand year through September, ac- manufacturers have risen since and Scott Patterson
its Federal Reserve stress test. special products,” said Philip from U.S. manufacturers and cording to the Aluminum Asso- the levies took effect in March, contributed to this article.
Most recently, Mr. Laughlin
oversaw its wealth-manage-
ment franchises, Merrill Lynch
Global Wealth Management
and U.S. Trust, with client bal-
Pressures Mount for Colgate Walmart to Pay $160 Million
ances of more than $2.8 trillion BY SARAH NASSAUER bribes in Mexico to win gov-
and 19,000 wealth advisers. BY AISHA AL-MUSLIM ing increased 1% from a year ernment zoning changes and
After working for a local ago, but foreign exchange Squeezed Walmart Inc. agreed to pay permits to open more stores.
bank, Mr. Laughlin took a job Colgate-Palmolive Co. shaved off 4% of sales. Shares in Colgate-Palmolive $160 million to settle a long- In the wake of the articles
at Fleet Financial Group Inc. in posted weaker sales in the lat- Colgate-Palmolive’s profit fell Friday after it posted running shareholder class-ac- Walmart’s stock fell. The pen-
Providence, R.I., where he met est quarter despite higher fell 14% to $523 million, or 60 weaker sales and profit. tion suit related to the U.S. sion fund for Pontiac, Mich.,
Mr. Moynihan in the 1990s. Mr. prices as foreign-exchange cents a share. Excluding costs government’s ongoing investi- filed its suit in 2012 saying in-
Moynihan came to rely heavily pressures and emerging mar- related to restructuring and an $70 a share gation of the retailer for al- vestors had been harmed.
on Mr. Laughlin’s counsel. Mr. kets continue to weigh on the adjustment related to U.S. tax- leged foreign bribery. “We are pleased both sides
Laughlin helped teach Mr. consumer-products company. law changes, earnings were 72 68 The settlement with the City could reach a resolution that
Moynihan a method of valuing Net sales for the maker of cents a share. of Pontiac General Employees ends this litigation,” said
potential bank acquisitions, the Irish Spring soap, Ajax For the fourth quarter, Col- 66 Retirement System adds to the Karen Roberts, Walmart’s gen-
Bank of America CEO said. “We cleanser and Suavitel fabric gate-Palmolive expects a sales hundreds of millions of dollars eral counsel.
got along because both of us softener dropped 3% from a percentage drop in the low- 64 the retailer has spent over six Since 2012, Walmart has
were about getting the work year earlier to $3.85 billion. single digits. years related to the probe. Wal- spent $892 million on an inter-
done,” Mr. Moynihan said. Organic sales, a closely The company also revised 62 mart didn’t admit fault as part nal probe and related compli-
Mr. Laughlin went to work watched metric that strips out its expectations on full-year Friday of the deal, the company said. ance improvements. Last year,
at Merrill Lynch before its ac- currency moves, acquisitions earnings growth. Colgate now 60 In late 2011, Walmart said the company said it would set
$59.58
quisition by Bank of America. and divestitures, fell 0.5% in expects a 3%-to-4% rise in ad- in a financial filing it was in- aside $283 million in anticipa-
58 ▼6.6%
In 2009, he became CEO of the third quarter, primarily justed per-share earnings from vestigating possible bribery tion of a likely government set-
OneWest Bank, a California because of market volatility in 2017, rather than mid-single- Aug. Sept. Oct. within the company, without tlement. Walmart hasn’t
lender. Bank of America hired Brazil and trade inventory re- digit growth. giving specifics. In 2012, a se- reached a settlement with the
him in 2010, months after Mr. ductions in China. Colgate shares fell 6.6% to Source: SIX ries of New York Times arti- Justice Department and Securi-
Moynihan took the CEO role. Colgate-Palmolive said pric- $59.58 on Friday. THE WALL STREET JOURNAL. cles alleged that Walmart paid ties and Exchange Commission.
B4 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
TECHNOLOGY
63%
of respondents in a
DARIO PIGANTELLI/BLOOMBERG NEWS; COOK: STEPHANIE LECOCQ/EPA/SHUTTERSTOCK
survey conducted in
25 countries think
social media has too
much power.
SOURCE: CENTRE FOR INTERNATIONAL
GOVERNANCE INNOVATION
Is Still Developing.
are bringing in very
large amounts of reve-
nues with AI. There’s a
clear road map for AI
Sentient artificial intelligence may take to create massive
hundreds of years to develop, but AI is al- amounts of value.
ready beginning to transform nearly every in-
dustry, says Andrew Ng, a pioneer in the field …But Our Timelines
whose résumé includes work as chief scien- Are Too Rosy
tist of Chinese internet company Baidu, co- I would actually wel-
founder of come a correction in
MARK WEAVER
STRATEGY
S
tarbucks Corp. has been in a funk over the past 2½ years, post- widely available at retailers—and another option for on-the-go con-
ing quarterly same-store sales growth well below its historic sumption.
rate of 5% or greater in the U.S., where the brand once seemed The availability of so much coffee has taken a toll on Starbucks, par-
unstoppable. ticularly in the afternoon, when consumers aren’t as loyal to their coffee
The problem? The coffee culture Starbucks helped create in brand as they are in the morning. Afternoon visitors tend to be those
America spawned all kinds of competitors on both the high and who visit Starbucks five or fewer times each month. The Seattle-based
low end, leaving Starbucks in the middle. company says it is trying to entice them to return more often with new
A confluence of changes in consumer behavior has contributed to the food, drink deals and the option to use its mobile app, which previously
coffee giant’s slowed growth. People are increasingly consuming on the had been available only to members of the chain’s loyalty program.
go, a trend Starbucks was way ahead on with its 2009 development of a The company’s recent woes have attracted activist investor William
mobile app. But now almost every coffee chain has an app. Ackman, who recently disclosed a 1.1% stake. For now he doesn’t appear
There also has been a shift away from hot coffee. Starbucks was to be taking an activist stance and says he thinks the changes the com-
quick to respond in its shops with cold drinks, which now represent pany is making, such as slowing store growth and expanding in China,
more than 50% of U.S. cafe sales. But the growing preference for cold are the right ones.
coffee spurred a new category of canned and bottled cold brew that’s The company reports fiscal fourth-quarter results on Nov. 1.
Sales growth at U.S. Starbucks shops Starbucks is also grappling with customer
has been slowing… loyalty later in the day...
Starbucks's U.S. same-store sales, When was your most recent visit
change from a year earlier to Starbucks?*
10%
35% Morning
8
6 30
4 Midday/Evening
25
2
0 20
2015 ’16 ’17 ’18 2015 ’16 ’17 ’18
…as customers migrate to other places ...and consumers who are opting to stay
for beverages and food... at home or get their coffee elsewhere.
Consumers who considered Starbucks, If you had not visited Starbucks, which
but visited a competitor instead would you most likely do instead?*
100% Buy prepared
2018 50%
Caribou Coffee foods from a
2016 43
grocery store
18 75
Jamba Juice Eat at, or buy food
16
from, a restaurant
Einstein Bros. 15 50
Bagels 10 54% Make something
49%
at home
Dunkin' 15 25 37%
13
Tim Hortons 13
0
12
2016 ’17 ’18
…and even frequent guests have been To combat these trends, Starbucks is
declining at Starbucks and its rivals. looking to China for growth in addition
to other measures.
Customers who dropped by once a
week or more Average price of a coffee* Starbucks in China
National
20% $3.50 coffee chains 3,000 stores
Starbucks (incl. Starbucks)
3.00
15 Small chains and 2,250
independents
2.50
Dunkin' Doughnut shops
10 1,500
2.00
5 Caribou Coffee Fast-food chains 750
1.50
0 1.00 0
2016 ’17 ’18 2013 ’14 ’15 ’16 ’17 ’18 2016 ’17 ’18
*Years ending in June. Notes: Starbucks’s fiscal year ends in Sept. Once-a-week customer base varies by brand: approx. 10,000-15,000 consumers per four-quarter period. Time of meal based on 700 guests who were asked what meal
they most recently had at Starbucks. Visits instead of Starbucks based on 700 recent chain brand guests per four-quarter period. Potential alternatives to Starbucks based on 700 recent Starbucks guests who visited more than once a
month. Chinese stores combine both licensed and company-operated stores. Price is the weighted average for a regular, decaf or flavored hot coffee at quick-serve restaurants.
Sources: the company (same-store sales, China stores); Technomic (customer survey); NPD Group (price); Saul Loeb/AFP/Getty Image (photo) Graphic by Kurt Wilberding/THE WALL STREET JOURNAL.
For a solid barom- ON BUSINESS | JOHN D. STOLL modest hikes on a roll of toilet pa-
eter on the American per, how will customers react to
for the wider economy. The price from bulldozers to Big Macs say Mr. Lindsey said big-ticket items, that’s $73,000 a home.”
of a gallon of paint is rapidly in- higher prices are the only way to such as washing machines, could be Those homeowners have gotten
creasing. Home Depot’s key sup- protect margin growth, an impor- particularly sensitive to price in- used to steady prices, though. In
plier, PPG Industries Inc., raised tant metric to Wall Street during a creases, but so could lower-cost the 12 months through September,
prices 2% over the summer, while particularly volatile moment for items that, unlike hotel or airline overall prices rose 2.3%. That rate
rival Sherwin-Williams Corp. is investors. JetBlue, United Technol- rates, can’t be adjusted in real-time. was cooler than the near-3% year-
bumping them at least 4%. Both ogies, Unilever, and Procter & Kimberly-Clark Corp. provided a over-year increases clocked over
companies will keep raising prices Gamble have all signaled they plan recent example of how a company the summer, but still higher than
through 2019. to raise prices. And that list barely can get stung. During the third any point over the decade.
As if on cue, Sherwin-Williams scratches the surface. The price of paint is on the rise. quarter, it raised the net price of Whether it’s on a box of Kleenex
on Thursday noted a slowdown in For nearly a decade, Americans tissue products by 2% to offset or a gallon of primer, Mr. Mushkin,
DIY growth. The company sug- have enjoyed an era where price “Companies realize there may raw material costs, and reported a the Wolfe analyst, said customers
gested it could be just a blip in a cuts were more common than in- be more inflationary pressure in North American sales decline of will reach a breaking point.
fickle slice of the market. But ana- creases. Charles Lindsey, a profes- the next few years, and maybe 5%. “That suggests that the con- “Paint’s only one part of it,” he
lysts say it could prove that cus- sor at the University at Buffalo consumers will react favorably sumer is pretty sensitive to these,” said. “It’s really a problem when a
tomers will balk when price tags School of Management, said com- right now,” he said. But “custom- Mr. Mushkin said. project that would have cost me
get too steep. panies are prudent to raise prices ers are always on a budget and Company executives said shifts $10,000 in labor and materials is
It has become clear as third- while unemployment is low, the will always feel pressure.” in advertising spending affected now going to cost $12,000. At that
quarter earnings reports roll out economy is fairly strong and confi- U.S. Bank’s recent Possibility In- sales results. point, someone may decide not to
that companies beyond the roller dence is high. dex survey found nearly half of the If there is backlash against spend the money.”
B6 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
EXCHANGE
Lottery’s
No Longer Shale-Safe Investing
Lessons
A U.S. drilling bonanza calmed global oil markets for a decade. Now, supply worries are back. Continued from page B1
money with lotteries. The
BY RUSSELL GOLD Virginia Co., which funded
F
the settlement of Jamestown
and other early toeholds in
or the past de- the American wilderness,
cade, enough oil was financed largely by the
has flowed from sale of lottery tickets in Lon-
America’s shale don and other British cities.
boom to allay wor- Governments also have
ries that demand long financed their opera-
for the world’s most impor- tions with lotteries, but they
tant commodity would out- didn’t become a booming
strip supply. business in the U.S. until, a
Now, new volatility in few decades ago, states
global oil prices—which are started allowing people to
up 16% since the start of the pick their own numbers. In
year—signals that the calm- the 1970s, the psychologist
ing effect of the shale bo- Ellen Langer, then of Yale
nanza is reaching its limits. University, offered to buy
For perspective on people’s lottery tickets be-
shale’s impact, rewind to fore the prizes were drawn.
2007, when some industry Holders demanded more
leaders saw world demand than four times as much
BAYNE STANLEY/ZUMA PRESS; AL-FALIH: FAYEZ NURELDINE/AFP/GETTY IMAGE
MARKETS DIGEST
Dow Jones Industrial Average S&P 500 Index Nasdaq Composite Index Track the Markets: Winners and Losers
Last Year ago Last Year ago Last Year ago A look at how selected global stock indexes, bond ETFs, currencies and
24688.31 Trailing P/E ratio 21.04 21.23 2658.69 Trailing P/E ratio * 21.71 24.16 7167.21 Trailing P/E ratio * 23.27 26.00 commodities performed around the world for the week.
t 296.24 P/E estimate * 15.90 19.54 t 46.88 P/E estimate * 16.41 19.49 t 151.12 P/E estimate * 19.15 21.55 Stock Currency, Commodity, ETF
Dividend yield 2.25 2.19 Dividend yield 1.95 1.92 or 2.06% Dividend yield 1.05 1.07 Index vs U.S. dollar traded in U.S*
or 1.19% or 1.73%
All-time high:
All-time high Current divisor All-time high Lean Hogs 12.20%
8109.69, 08/29/18
26828.39, 10/03/18 0.14748071991788 2930.75, 09/20/18 Shanghai Composite 1.90
Sao Paulo Bovespa 1.78
26500 2900 8050 iSh 20+ Treasury 1.13
iSh 7-10 Treasury 1.03
26000 2850 7875 Comex Gold 0.59
Japan yen 0.59
65-day moving average 7700 VangdTotIntlBd 0.53
25500 2800
Indian Rupee 0.46
Session high 65-day moving average
VangdTotalBd 0.44
25000 2750 7525
DOWN UP WSJ Dollar Index 0.43
65-day moving average
t
iShNatlMuniBd 0.33
Session low 24000 2650 7175 iSh 1-3 Treasury 0.22
Bars measure the point change from session's open Corn 0.20
23500 2600 7000 iShiBoxx$InvGrdCp 0.20
Sept. Oct. Aug. Sept. Oct. Aug. Sept. Oct. Nymex ULSD 0.04
Weekly P/E data based on as-reported earnings from Birinyi Associates Inc.
Canada dollar 0.04
-0.01 Swiss Franc
-0.02 iShJPMUSEmgBd
Major U.S. Stock-Market Indexes Trading Diary -0.16 Russian Ruble
Latest 52-Week % chg Volume, Advancers, Decliners -0.19 Indonesian Rupiah
High Low Close Net chg % chg High Low % chg YTD 3-yr. ann. NYSE NYSE Amer. -0.20 Chinese Yuan
Dow Jones Total volume*1,123,987,084 10,140,491 -0.38 Australian dollar
Industrial Average 24916.16 24445.19 24688.31 -296.24 -1.19 26828.39 23271.28 5.4 -0.1 11.9 Adv. volume* 280,697,675 3,993,464 -0.44 Mexico peso
Transportation Avg 10042.95 9819.66 9965.67 -126.14 -1.25 11570.84 9440.87 0.3 -6.1 6.4 Decl. volume* 829,136,830 6,072,484 -0.71 South Korean Won
Issues traded 3,076 305 -0.79 iShiBoxx$HYCp
Utility Average 748.50 723.99 729.72 -12.65 -1.70 774.47 647.90 -2.9 0.9 7.2
Advances 831 110 -0.87 Comex Copper
Total Stock arket 27709.68 27046.06 27368.73 -460.46 -1.65 30390.61 26521.20 2.3 -1.1 8.5
Declines 2,162 183 -0.96 Euro area euro
Barron's 400 675.43 656.67 667.15 -7.06 -1.05 786.73 661.92 -3.5 -6.2 7.6
Unchanged 83 12 -1.02 S&P 500 Real Estate
Nasdaq Stock Market New highs 9 0
-1.36 S&P 500 Consumer Staples
New lows 528 30
Nasdaq Composite 7283.32 7057.00 7167.21 -151.12 -2.06 8109.69 6698.96 7.0 3.8 12.5 -1.37 Soybeans
Closing tick 318 16
Nasdaq 100 6976.94 6743.78 6852.40 -163.99 -2.34 7660.18 6213.47 10.3 7.1 14.0 -1.40 S&P GSCI GFI
Closing Arms† 1.14 1.49
-1.44 South African Rand
S&P Block trades* 8,068 123
-1.56 FTSE 100
500 Index 2692.38 2628.16 2658.69 -46.88 -1.73 2930.75 2564.62 3.0 -0.6 8.7 Nasdaq NYSE Arca
-1.60 Norwegian Krone
MidCap 400 1815.09 1769.73 1795.10 -19.30 -1.06 2050.23 1789.02 -2.4 -5.5 7.7 Total volume*2,935,383,465 530,630,194
-1.82 IBEX 35
SmallCap 600 943.49 915.23 932.15 -9.11 -0.97 1098.36 889.94 1.7 -0.4 10.6 Adv. volume* 740,541,586 136,496,792
-1.82 UK pound
Decl. volume*2,181,905,581 393,983,830
Other Indexes -1.85 Wheat
Issues traded 3,169 1,367
Russell 2000 1501.30 1459.16 1483.82 -16.58 -1.10 1740.75 1463.79 -1.6 -3.4 8.6 -2.00 Nymex Natural Gas
Advances 984 344
NYSE Composite 12082.51 11847.79 11976.95 -141.90 -1.17 13637.02 11969.74 -3.1 -6.5 4.6 Declines 2,089 1,016
-2.08 FTSE MIB
Value Line 524.92 511.36 -6.54 -1.25 593.57 517.16 -7.8 Unchanged 96 7 -2.13 S&P 500 Utilities
518.38 -4.6 3.6
New highs 19 12 -2.21 Nymex Crude
NYSE Arca Biotech 4602.92 4441.63 4536.86 -49.32 -1.08 5400.34 4045.25 10.2 7.5 9.4
New lows 446 425 -2.31 CAC-40
NYSE Arca Pharma 567.82 558.02 564.77 -4.04 -0.71 598.21 516.32 5.1 3.6 1.7
Closing tick 267 27 -2.46 Stoxx Europe 600
KBW Bank 95.72 93.93 94.83 -1.19 -1.24 116.52 93.87 -7.2 -11.1 9.2
Closing Arms† 1.39 0.90 -2.60 Euro Stoxx
PHLX§ Gold/Silver 67.03 65.00 65.17 0.44 0.68 92.08 61.92 -20.1 -23.6 6.1 Block trades* 10,806 2,494 -2.71 S&P 500 Information Tech
PHLX§ Oil Service 125.49 119.75 122.75 -1.29 -1.04 170.18 122.75 -4.3 -17.9 -11.1 -2.82 S&P BSE Sensex
* Primary market NYSE, NYSE American NYSE Arca only.
PHLX§ Semiconductor 1172.64 1134.18 1153.00 -20.21 -1.72 1445.90 1146.41 -8.7 -8.0 19.8 †(TRIN) A comparison of the number of advancing and declining -2.97 Dow Jones Industrial Average
Cboe Volatility 27.52 23.33 24.16 -0.06 37.32 9.14 146.5 118.8 16.5 issues with the volume of shares rising and falling. An
-0.25 -3.06 DAX
Arms of less than 1 indicates buying demand; above 1
Nasdaq PHLX Sources: SIX Financial Information; Dow Jones Market Data indicates selling pressure. -3.11 S&P SmallCap 600
-3.22 S&P 500 Consumer Discr
-3.30 Hang Seng
International Stock Indexes Percentage Gainers... -3.44 IPC All-Share
Latest YTD Latest Session 52-Week
Region/Country Index Close Net chg % chg % chg Company Symbol Close Net chg % chg High Low % chg -3.59 Nasdaq 100
-3.76 S&P/TSX Comp
World The Global Dow 2843.00 –26.63 –0.93 –7.9 Yulong Eco-Materials YECO 7.18 2.86 66.20 17.87 1.14 125.4
Art's Way Mfg ARTW 2.58 0.45 21.13 5.45 2.11 -2.6
-3.78 Russell 2000
DJ Global Index 365.77 –4.12 –1.11 –7.9
Origin Agritech SEED 7.99 1.31 19.61 15.89 4.99 -43.5 -3.78 Nasdaq Composite
DJ Global ex U.S. 227.38 –1.03 –0.45 –14.8
NF Energy Saving NFEC 5.16 0.83 19.12 7.19 0.86 448.7 -3.94 S&P 500
Americas DJ Americas 631.01 –9.80 –1.53 –1.8 Kadmon Holdings KDMN 2.36 0.36 18.00 5.86 1.88 -32.4 -4.12 S&P MidCap 400
Brazil Sao Paulo Bovespa 85719.88 1636.37 1.95 12.2 -4.34 S&P 500 Telecom Svcs
Atlanticus Holdings ATLC 3.54 0.53 17.61 4.91 1.52 46.3
Canada S&P/TSX Comp 14888.26 –35.82 –0.24 –8.1 -4.45 S&P 500 Health Care
ENDRA Life Sciences NDRA 5.10 0.74 16.97 5.88 1.55 96.2
Mexico S&P/BMV IPC 45803.33 –472.38 –1.02 –7.2 -4.47 S&P 500 Materials
National Instruments NATI 50.11 7.22 16.83 53.57 38.78 9.2
Chile Santiago IPSA 3787.23 –12.99 –0.34 –10.1
DMC Global BOOM 37.64 5.42 16.82 51.05 18.56 80.5 -4.53 Dow Jones Transportation Average
EMEA Stoxx Europe 600 352.34 –2.73 –0.77 –9.5 Standard Motor Products SMP 50.52 6.47 14.69 52.31 40.56 11.4 -4.62 S&P/ASX 200
Eurozone Euro Stoxx 345.50 –2.94 –0.84 –10.4 Mellanox Techs MLNX 83.30 10.53 14.47 90.45 43.55 79.3 -5.17 Nymex Rbob Gasoline
Belgium Bel-20 3373.51 –26.51 –0.78 –15.2 TimkenSteel TMST 12.81 1.58 14.07 20.24 10.97 -18.7 -5.24 S&P 500 Financials Sector
Denmark OMX Copenhagen 802.92 –4.08 –0.51 –13.4 Niu Technologies ADR NIU 7.48 0.92 14.02 10.20 6.32 ... -5.55 S&P 500 Industrials
France CAC 40 4967.37 –64.93 –1.29 –6.5 eHealth EHTH 32.34 3.96 13.95 34.33 13.61 37.2 -5.98 Nikkei 225
Germany DAX 11200.62 –106.50 –0.94 –13.3 Esperion Therapeutics ESPR 41.88 4.89 13.22 82.68 33.06 -11.4 -5.99 Kospi Composite
Israel Tel Aviv 1568.27 … Closed 3.9 -7.06 S&P 500 Energy
Italy FTSE MIB 18683.27 –132.05 –0.70 –14.5 Percentage Losers *Continuous front-month contracts
Netherlands AEX 507.52 –5.64 –1.10 –6.8 Latest Session 52-Week
Sources: SIX Financial Information (stock indexes), Tullett Prebon (currencies), Dow Jones
Company Symbol Close Net chg % chg High Low % chg
Russia RTS Index 1098.31 –22.38 –2.00 –4.9 Market Data (bond ETFs, commodities).
South Africa FTSE/JSE All-Share 50837.57 –787.29 –1.53 –14.6 Flex Ltd FLEX 7.09 -3.82 -35.01 19.71 7.04 -60.6 THE WALL STREET JOURNAL
Spain IBEX 35 8730.40 –54.80 –0.62 –13.1 Mohawk Industries MHK 115.03 -36.04 -23.86 286.85 113.45 -56.5 See an expanded daily list of selected global stock indexes, bond ETFs, currencies
Sweden OMX Stockholm 546.69 –0.93 –3.9 Dolphin Entertainment DLPN 1.55 -0.45 -22.50 8.01 1.55 -83.2 and commodities at WSJ.com/TrackTheMarkets
–5.12
Switzerland Swiss Market 8665.80 –40.60 –0.47 –7.6 ELLIE MAE ELLI 64.26 -15.34 -19.27 116.90 61.51 -25.3
Turkey BIST 100 90541.53 –3206.12 –3.42 –21.5 Century Aluminum CENX 7.72 -1.76 -18.57 24.77 7.65 -49.1
U.K. FTSE 100 6939.56 –64.54 –0.92 –9.7 Western Digital WDC 44.19 -9.82 -18.18 106.96 42.00 -49.3
U.K. FTSE 250 18352.90 –178.63 –0.96 –11.5 Ultragenyx Pharmaceutical
Aquantia
RARE
AQ
48.62 -10.74 -18.09
8.79 -1.87 -17.54
90.98 41.67
18.49 7.08
4.5
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Lantronix LTRX 3.45 -0.72 -17.27 6.47 1.78 75.1
Australia S&P/ASX 200 5665.20 1.10 –6.6
Syndax Pharmaceuticals SNDX 5.01 -1.03 -17.05 15.20 4.50 -54.3
China Shanghai Composite 2598.85 –4.95 –0.19 –21.4 With 30-plus charts and concise analysis,
Hong Kong Hang Seng 24717.63 –276.83 –1.11 –17.4 Flexsteel Industries FLXS 22.75 -4.66 -17.00 53.00 22.64 -53.8
India S&P BSE Sensex 33349.31 –1.01 –2.1 Ardelyx ARDX 2.87 -0.58 -16.81 8.10 2.83 -43.2 The Daily Shot morning newsletter delivers an
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Japan Nikkei Stock Avg 21184.60 –84.13 –0.40 –6.9 One Stop Systems OSS 2.42 -0.48 -16.52 6.25 2.25 ... overview of the trends impacting global markets.
Proofpoint PFPT 83.55 -15.44 -15.59 130.27 75.92 -6.5
Singapore Straits Times 2972.02 –40.82 –1.35 –12.7 Sign up now at WSJ.com/DailyShot
South Korea –17.8
Orchids Paper Products TIS 1.74 -0.32 -15.53 15.74 0.70 -85.8
Kospi 2027.15 –36.15 –1.75 © 2018 Dow Jones & Co., Inc. All rights reserved. 2DJ6399
Taiwan TAIEX 9489.18 –31.61 –0.33 –10.8
Thailand SET 1628.96 –15.37 –0.93 –7.1
Most Active Stocks
Volume % chg from Latest Session 52-Week
Sources: SIX Financial Information; Dow Jones Market Data Company Symbol (000) 65-day avg Close % chg High Low
WSJ
Invesco QQQ Trust I QQQ 124,409 176.1 166.66 -2.57 187.53 149.20 U.S.-dollar foreign-exchange rates in late New York trading
stocks, new highs/lows and mutual funds. Advanced Micro Devices AMD 119,019 -4.8 17.63 -8.51 34.14 9.04
Plus, deeper money-flows data and email delivery of US$vs, US$vs,
Finl Select Sector SPDR XLF 114,616 101.1 25.26 -1.44 30.33 25.02 Fri YTDchg Fri YTDchg
.COM key stock-market data. * Common stocks priced at $2 a share or more with an average volume over 65 trading days of at least Country/currency in US$ per US$ (%) Country/currency in US$ per US$ (%)
Available free at WSJMarkets.com 5,000 shares =Has traded fewer than 65 days
Americas Europe
Argentina peso .0272 36.8310 98.0 Czech Rep. koruna .04417 22.639 6.4
Brazil real .2745 3.6424 10.0 Denmark krone .1528 6.5432 5.5
Consumer Rates and Returns to Investor Benchmark
Treasury Yields
yield curve Forex Race Canada dollar .7633 1.3102 4.2 Euro area euro 1.1404 .8769 5.3
Selected rates
and
Yield toRates
maturity of current bills, Yen, euro vs. dollar; dollar vs.
Chile peso
Ecuador US dollar
.001454 687.60 11.7
1 1 unch
Hungary forint .003517 284.36 9.8
U.S. consumer rates notes and bonds major U.S. trading partners Mexico peso .0517 19.3604 –1.6
Iceland krona .008304 120.43 16.3
A consumer rate against its 30-year mortgage, Rate Uruguay peso .03039 32.9100 14.3 Norway krone .1197 8.3513 1.8
Venezuela b. fuerte .000004248519.9501 2402951.2 Poland zloty .2644 3.7815 8.7
benchmark over the past year 4.00% 8%
Bankrate.com avg†: 4.90% Asia-Pacific Russia ruble .01525 65.588 13.7
Yen
s
30-year fixed-rate Easthampton Savings Bank 4.25% Friday Australian dollar .7089 1.4106 10.2
Sweden krona .1095 9.1324 11.6
3.00 4
mortgage 5.00% Easthampton, MA 413-527-4111 t Switzerland franc 1.0039 .9961 2.2
China yuan .1440 6.9435 6.8
t Turkey lira .1788 5.5929 47.4
Crossroads Bank 4.50% Euro Hong Kong dollar .1275 7.8405 0.3
s
2.00 0
4.00 India rupee .01367 73.135 14.5 Ukraine hryvnia .0354 28.2800 0.5
Wabash, IN 260-563-3185
t Indonesia rupiah .0000657 15217 12.9 UK pound 1.2828 .7795 5.3
3.00 Home Savings Bank 4.50% 1.00 –4 s
One year ago WSJ Dollar index
Japan yen .008938 111.88 –0.7 Middle East/Africa
t Madison, WI 800-282-5115 Kazakhstan tenge .002715 368.32 10.7
10-year Treasury 2.00 0.00 –8 Macau pataca .1238 8.0791 0.4
Bahrain dinar 2.6535 .3769 –0.1
Huntington FSB 4.50%
note yield 1 3 6 1 2 3 5 710 30 Malaysia ringgit .2395 4.1750 2.8 Egypt pound .0558 17.9080 0.8
Huntington, WV 304-528-6200 2017 2018 Israel shekel .2700 3.7042 6.5
1.00 month(s) years New Zealand dollar .6519 1.5340 8.8
N D J FMAM J J A S O Security Bank of Kansas City 4.50% Pakistan rupee .00749 133.510 20.7 Kuwait dinar 3.2920 .3038 0.8
maturity
2017 2018 Kansas City, KS 913-281-3165 Philippines peso .0187 53.580 7.2 Oman sul rial 2.5974 .3850 0.01
Sources: Ryan ALM; Tullett Prebon; Dow Jones Market Data Singapore dollar .7247 1.3799 3.2 Qatar rial .2749 3.638 –0.3
3-yr chg South Korea won .0008770 1140.28 6.9 Saudi Arabia riyal .2666 3.7510 0.02
Yield/Rate (%) 52-Week Range (%)
Interest rate Last (l)Week ago Low 0 2 4 6 8 High (pct pts) Corporate Borrowing Rates and Yields Sri Lanka rupee .0057834 172.91 12.7 South Africa rand .0685 14.6021 18.1
Taiwan dollar .03228 30.978 4.4
Federal-funds rate target 2.00-2.25 2.00-2.25 1.00 l 2.00 2.00 Yield (%) 52-Week Total Return (%)
Thailand baht .03025 33.060 1.4
Close Net Chg % Chg YTD%Chg
Bond total return index Close Last Week ago High Low 52-wk 3-yr
Prime rate* 5.25 5.25 4.25 l 5.25 2.00 Vietnam dong .00004282 23356 2.8 WSJ Dollar Index 90.28 –0.20–0.23 5.00
Libor, 3-month 2.52 2.48 1.38 l 2.52 2.20 Treasury, Ryan ALM 1429.671 2.994 3.109 3.124 2.102 –1.565 0.066 Sources: Tullett Prebon, Dow Jones Market Data
Money market, annual yield 0.47 0.43 0.25 l 0.53 0.17 10-yr Treasury, Ryan ALM 1667.947 3.077 3.198 3.227 2.309 –3.125 –0.916
Five-year CD, annual yield 1.87 1.87 1.46 l 1.89 0.39
30-year mortgage, fixed† 4.90 4.93 3.85 l 4.97 1.15
DJ Corporate n.a. n.a. 4.372 n.a. n.a. n.a. n.a. Commodities Friday 52-Week YTD
Aggregate, Barclays Capital 1906.810 3.530 3.610 3.610 2.580 –1.172 1.034 Pricing trends on someClose
raw materials, or commodities
Net chg % Chg High Low % Chg % chg
15-year mortgage, fixed† 4.30 4.32 3.22 l 4.34 1.34
High Yield 100, Merrill Lynch n.a. n.a. 6.352 n.a. n.a. n.a. n.a.
Jumbo mortgages, $424,100-plus† 4.99 5.05 4.21 l 5.16 0.62 DJ Commodity 625.74 2.23 0.36 667.35 593.00 4.50 0.06
Fixed-Rate MBS, Barclays 1961.720 3.720 3.760 3.760 2.820 –0.753 0.773
Five-year adj mortgage (ARM)† 4.67 4.83 3.44 l 4.89 1.28 TR/CC CRB Index 195.51 0.72 0.37 206.38 183.36 4.61 0.85
New-car loan, 48-month 4.57 4.52 2.99 l 4.57 1.42 Muni Master, Merrill n.a. n.a. 2.850 n.a. n.a. n.a. n.a. Crude oil, $ per barrel 67.59 0.26 0.39 76.41 53.90 25.40 11.87
Bankrate.com rates based on survey of over 4,800 online banks. *Base rate posted by 70% of the nation's largest EMBI Global, J.P. Morgan 766.667 7.003 6.962 7.015 5.431 –4.502 3.872 Natural gas, $/MMBtu 3.185 -0.017 -0.53 3.63 2.55 15.73 7.86
banks.† Excludes closing costs.
Sources: SIX Financial Information; Dow Jones Market Data; Bankrate.com Sources: J.P. Morgan; Ryan ALM; S&P Dow Jones Indices; Barclays Capital; Merrill Lynch Gold, $ per troy oz. 1232.50 3.40 0.28 1362.40 1176.20 -2.84 -5.65
B8 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
MARKET DATA
Futures Contracts Open
Contract
High hilo Low Settle Chg
Open
interest Open
Contract
High hilo Low Settle Chg
Open
interest Open
Contract
High hilo Low Settle Chg
Open
interest
Metal & Petroleum Futures March'19 508.00 525.00 507.25 524.25 16.50 128,038
Wheat (KC)-5,000 bu.; cents per bu. Currency Futures Index Futures
Contract Open
Dec 486.50 503.25 486.50 500.25 13.75 157,923 Japanese Yen (CME)-¥12,500,000; $ per 100¥ Mini DJ Industrial Average (CBT)-$5 x index
Open High hi lo Low Settle Chg interest
March'19 513.50 529.25 513.50 526.75 13.75 89,094 Nov .8910 .8990 .8910 .8956 .0060 1,112 Dec 24804 24885 24415 24746 –131 87,353
Copper-High (CMX)-25,000 lbs.; $ per lb. Wheat (MPLS)-5,000 bu.; cents per bu.
Oct 2.7285 2.7490 2.7235 2.7440 –0.0045 489 Dec .8929 .9012 .8926 .8974 .0060 203,731 March'19 24840 24912 t 24456 24777 –138 1,242
Dec 569.50 580.50 569.00 577.75 8.25 35,779 Canadian Dollar (CME)-CAD 100,000; $ per CAD S&P 500 Index (CME)-$250 x index
Dec 2.7525 2.7540 2.7075 2.7410 –0.0135 117,163
March'19 579.00 589.00 577.75 586.00 7.75 22,569 Dec 2675.00 2691.00 2628.00 2669.60 –18.60 50,233
Gold (CMX)-100 troy oz.; $ per troy oz. Nov .7642 .7652 t .7609 .7642 –.0009 344
Oct 1234.30 1234.80 1234.30 1232.50 3.40 24
Cattle-Feeder (CME)-50,000 lbs.; cents per lb. Dec .7655 .7659 .7604 .7646 –.0009 114,116 Mini S&P 500 (CME)-$50 x index
Nov 153.950 155.825 153.275 154.800 .850 8,246 Dec 2678.00 2692.75 2627.25 2669.50 –18.75 2,777,378
Dec 1234.70 1246.00 1232.50 1235.80 3.40 372,489 British Pound (CME)-£62,500; $ per £
Jan'19 148.900 150.500 148.225 149.700 .650 26,739 March'19 2684.25 2698.00 2633.25 2675.50 –19.50 163,839
Feb'19 1241.00 1252.00 1239.10 1241.90 3.30 65,162 Nov 1.2832 1.2832 1.2801 1.2844 .0005 815
June 1253.20 1264.00 1251.20 1254.10 3.40 15,900 Cattle-Live (CME)-40,000 lbs.; cents per lb. Mini S&P Midcap 400 (CME)-$100 x index
Dec 1.2843 1.2870 1.2805 1.2859 .0005 219,384
Aug 1259.00 1268.30 1258.00 1260.00 3.40 2,803 Oct 113.425 115.000 s 113.350 113.875 .525 1,728 Dec 1806.20 1816.80 t 1768.20 1795.10 –20.30 74,202
Dec 116.800 118.800 116.600 118.400 1.325 122,437
Swiss Franc (CME)-CHF 125,000; $ per CHF Mini Nasdaq 100 (CME)-$20 x index
Dec 1270.70 1281.30 1270.00 1272.30 3.30 5,634 Dec 1.0048 t 1.0017
1.0080 1.0074 .0031 73,161
Palladium (NYM) - 50 troy oz.; $ per troy oz. Hogs-Lean (CME)-40,000 lbs.; cents per lb. Dec 6882.0 6986.5 6734.3 6893.3 –33.3 253,249
Dec 56.925 58.075 56.775 57.925 1.150 97,253 March'19 1.0135 t 1.0117
1.0172 1.0173 .0032 273 March'19 6910.0 7015.0 6769.8 6924.0 –35.3 2,451
Dec 1087.40 1093.80 1065.30 1085.90 –1.70 23,881
Feb'19 64.525 66.475 64.375 66.375 1.825 44,775 Australian Dollar (CME)-AUD 100,000; $ per AUD Mini Russell 2000 (CME)-$50 x index
March'19 1079.30 1085.70 1062.70 1078.60 –1.40 4,441
Lumber (CME)-110,000 bd. ft., $ per 1,000 bd. ft. Nov .7070 .7098 t .7035 .7093 .0007 344 Dec 1488.00 1504.90 t 1457.40 1490.90 –4.20 487,505
June 1062.50 1062.50 s t 1062.50 1071.50 –1.80 139
Platinum (NYM)-50 troy oz.; $ per troy oz. Nov 313.20 319.20 304.80 307.70 –2.00 891 Dec .7080 .7108 t .7024 .7095 .0007 158,577 March'19 1491.50 1509.10 t 1463.60 1496.00 –4.40 1,310
Oct ... ... ... 829.50 0.80 22 Jan'19 311.80 318.50 303.70 306.80 1.10 2,335 March'19 .7080 .7115 t .7036 .7104 .0006 683 Mini Russell 1000 (CME)-$50 x index
Jan'19 830.50 838.70 825.60 834.40 2.50 67,912 Milk (CME)-200,000 lbs., cents per lb. Mexican Peso (CME)-MXN 500,000; $ per MXN Dec 1470.80 1487.00 t 1451.40 1467.20 –26.50 8,849
Silver (CMX)-5,000 troy oz.; $ per troy oz. Oct 15.54 15.54 15.52 15.53 … 3,844 Dec .05091 .05133 .05059 .05108 .00006 200,979 U.S. Dollar Index (ICE-US)-$1,000 x index
Nov 14.580 14.715 14.575 14.645 0.067 1,264 Nov 15.05 15.23 14.96 15.08 –.03 5,412 March'19 .05035 .05041 t .04991 .05037 .00005 229 Dec 96.35 96.62 s 96.05 96.13 –.33 57,686
Dec 14.660 14.795 14.595 14.700 0.070 160,693 Cocoa (ICE-US)-10 metric tons; $ per ton. Euro (CME)-€125,000; $ per € March'19 95.82 96.07 s 95.51 95.58 –.32 2,189
Crude Oil, Light Sweet (NYM)-1,000 bbls.; $ per bbl. Dec 2,215 2,281 2,207 2,251 42 90,176 Nov 1.1393 1.1441 t 1.1357 1.1430 .0047 6,023
Dec 66.86 67.88 66.20 67.59 0.26 463,771 March'19 2,218 2,284 2,216 2,262 45 79,246 Dec 1.1417 1.1466 t 1.1380 1.1455 .0047 482,835 Source: SIX Financial Information
Jan'19 66.97 67.99 66.34 67.75 0.31 215,056 Coffee (ICE-US)-37,500 lbs.; cents per lb.
Feb 67.06 68.04 66.45 67.84 0.33 114,054 Dec 121.00 122.80 119.25 119.65 –1.50 110,342
March 67.18 68.15 66.54 67.93 0.35 157,904 March'19 125.00 126.60 123.05 123.40 –1.65 79,092
June
Dec
67.22
66.55
68.26
67.39
66.69
65.87
68.04
67.16
0.32
0.36
176,041
215,075
Sugar-World (ICE-US)-112,000 lbs.; cents per lb. Bonds | WSJ.com/bonds
March 13.90 13.97 13.72 13.84 –.13 388,953
NY Harbor ULSD (NYM)-42,000 gal.; $ per gal.
Nov 2.2732 2.3098 2.2583 2.3030 .0249 32,248
May 14.00 14.04 13.81 13.94
Sugar-Domestic (ICE-US)-112,000 lbs.; cents per lb.
–.12 170,004
Global Government Bonds: Mapping Yields
Dec 2.2734 2.3111 2.2585 2.3034 .0250 135,284 Jan 25.10 25.25 t 25.10 25.25 .15 2,710
Gasoline-NY RBOB (NYM)-42,000 gal.; $ per gal. March 25.61 25.61 25.60 25.60 –.05 1,066
Yields and spreads over or under U.S. Treasurys on benchmark two-year and 10-year government bonds in
Nov 1.8037 1.8224 1.7670 1.8150 .0021 32,408
Dec 1.8018 1.8194 1.7644 1.8120 .0016 134,647
Cotton (ICE-US)-50,000 lbs.; cents per lb. selected other countries; arrows indicate whether the yield rose(s) or fell (t) in the latest session
Dec 77.89 78.73 77.11 78.53 .85 127,824
Natural Gas (NYM)-10,000 MMBtu.; $ per MMBtu. Country/ Yield (%) Spread Under/Over U.S. Treasurys, in basis points
March'19 79.13 80.01 78.50 79.82 .86 78,791
Nov 3.174 3.203 3.102 3.185 –.017 20,825 Coupon (%) Maturity, in years Latest(l)-2 -1 0 1 2 3 4 Previous Month ago Year ago Latest Prev Year ago
Dec 3.228 3.250 3.146 3.225 –.031 256,517
Orange Juice (ICE-US)-15,000 lbs.; cents per lb.
Nov 137.40 138.60 t 135.00 135.60 –2.55 1,743 2.875 U.S. 2 2.819 t l 2.851 2.831 1.619
Jan'19 3.289 3.313 3.218 3.290 –.027 247,234
Feb 3.202 3.225 3.140 3.208 –.018 111,510 Jan'19 139.50 140.05 137.55 138.05 –1.10 12,435 2.875 10 3.077 t l 3.119 3.047 2.464
March 2.974 2.979 2.924 2.964 –.025 227,461
Interest Rate Futures 1.750 Australia 2 1.993 t l 1.998 2.096 1.873 -82.6 -85.3 25.4
April 2.683 2.683 2.651 2.676 –.014 155,055
Treasury Bonds (CBT)-$100,000; pts 32nds of 100% 2.250 10 2.603 t l 2.617 2.745 2.765 -47.4 -50.3 30.1
Agriculture Futures Dec 138-280 139-250 138-280 139-140 23.0 901,678 0.000 France 2 -0.426 t l -0.418 -0.323 -0.560 -324.4 -326.9 -217.9
Corn (CBT)-5,000 bu.; cents per bu. March'19 138-180 139-030 138-130 138-260 23.0 1,186
Treasury Notes (CBT)-$100,000; pts 32nds of 100% 0.750 10 0.741 t l 0.773 0.852 0.712 -233.6 -234.6 -175.2
Dec 361.75 369.75 361.75 367.75 6.75 761,058
Dec 118-220 119-060 118-215 119-010 160.0 4,170,554
March'19 374.00 382.25 374.00 380.00 6.50 409,943 0.000 Germany 2 -0.635 t l -0.613 -0.496 -0.744 -345.3 -346.4 -236.2
March'19 118-160 118-310 118-160 118-260 170.0 58,870
Oats (CBT)-5,000 bu.; cents per bu. 5 Yr. Treasury Notes (CBT)-$100,000; pts 32nds of 100% 0.250 10 0.358 t l 0.401 0.527 0.418 -271.9 -204.6
Dec 285.00 294.00 285.00 292.00 6.25 5,145 -271.9
Dec 112-165 112-280 112-165 112-242 107.0 4,582,925
March'19 278.50 285.50 278.50 284.25 6.00 1,854
March'19 112-172 112-220 112-152 112-215 112.0 85,489 0.350 Italy 2 1.106 t l 1.173 0.704 -0.181 -171.2 -167.8 -179.9
Soybeans (CBT)-5,000 bu.; cents per bu. 2 Yr. Treasury Notes (CBT)-$200,000; pts 32nds of 100%
Nov 842.00 849.25 841.00 845.00 3.25 131,118
2.800 10 3.430 t l 3.490 2.828 1.963 35.3 37.1 -50.1
Dec 105-120 105-165 105-120 105-145 37.0 2,324,989
Jan'19 854.75 862.00 853.75 857.75 3.25 284,749 30 Day Federal Funds (CBT)-$5,000,000; 100 - daily avg. 0.100 Japan 2 -0.122 t l -0.120 -0.111 -0.147 -294.1 -297.1 -176.6
Soybean Meal (CBT)-100 tons; $ per ton. Oct 97.810 97.813 t 97.810 97.810 … 239,674
Dec 304.60 308.90 304.60 307.30 3.00 161,131 0.100 10 0.115 l 0.115 0.125 0.068 -296.2 -300.4 -239.6
Jan'19 97.625 97.645 97.625 97.630 .010 280,816
Jan'19 306.70 311.00 306.70 309.50 3.00 112,874 10 Yr. Del. Int. Rate Swaps (CBT)-$100,000; pts 32nds of 100% 1.150 Spain 2 -0.193 t l -0.174 -0.231 -0.343 -302.5 -196.2
-301.2
Soybean Oil (CBT)-60,000 lbs.; cents per lb. Dec 98.095 98.200 98.050 98.125 165.0 30,371
Dec 28.39 28.46 28.10 28.16 –.23 184,785 1 Month Libor (CME)-$3,000,000; pts of 100% 1.400 10 1.562 t l 1.581 1.519 1.563 -151.5 -153.8 -90.1
Jan'19 28.60 28.69 28.33 28.38 –.23 114,490 Nov … … s … 97.6650 … 2.000 U.K. 2 0.721 t l 0.745 0.814 0.481 -210.6 -113.8
-209.8
Rough Rice (CBT)-2,000 cwt.; $ per cwt. Eurodollar (CME)-$1,000,000; pts of 100%
Nov 1082.00 1083.50 1071.00 1073.00 –6.50 1,597 Nov 97.3600 97.3850 97.3575 97.3700 .0100 228,399 4.250 10 1.246 t l 1.304 1.454 1.387 -183.1 -181.5 -107.7
Jan'19 1097.50 1103.00 1091.00 1093.00 –5.00 6,315 Dec 97.2500 97.2950 97.2450 97.2700 .0200 1,769,902
Source: Tullett Prebon
Wheat (CBT)-5,000 bu.; cents per bu. Sept'19 96.8800 96.9650 96.8800 96.9250 .0600 1,406,835
Dec 487.25 506.75 486.75 505.25 18.00 257,018 Dec 96.8100 96.9050 96.8100 96.8700 .0700 2,030,062
Corporate Debt
Price moves by a company's debt in the credit markets sometimes mirror and sometimes anticipate, moves in
Exchange-Traded Portfolios | WSJ.com/ETFresearch that same company’s share price.
MARKETS
0
$139.36, or 7.8%, to $1,642.81
to approach a bear market—a
decline of at least 20% from a
to Dow Jones Market Data.
In addition to Amazon and
Alphabet, lackluster results
which prices will naturally
bounce, but have become an
upper boundary that stocks
ter trading as low as $66.37 have also weighed on the mar- a proxy for activity in the sec-
earlier in the session. ket in recent weeks, as refin- tor. After peaking at 1,609 in
Brent crude, the global ers have curtailed operations October 2014, the rig count
benchmark, gained about 1% to for maintenance. Inventories fell sharply as low oil prices
$77.62 a barrel. increased by 6.3 million bar- put downward pressure on
Global stock markets fell rels in the week that ended production. The oil-rig count
Friday, putting pressure on Oct. 19, exceeding analyst ex- has generally been rising since
crude prices, which have re- pectations for a 2.5 million- the summer of 2016. Rising U.S. crude stockpiles have weighed on the market. An oil tanker sits off the coast of California.
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THE WALL STREET JOURNAL. * * * * Saturday/Sunday, October 27 - 28, 2018 | B11
EXCHANGE
LYNDON FRENCH FOR THE WALL STREET JOURNAL; EMOJI: SYNERGY PHARMACEUTICALS
BY SPENCER JAKAB ven’t moved much relative to
Treasurys.
Eleven years ago next week, a Using states’ and cities’ own fu-
then-obscure bank analyst made ture-return assumptions, public
the call of a lifetime when she said pension funds were 86% funded on
Citigroup would be brought low average on the eve of the financial
by bad mortgage loans. By the end crisis, according to the Pew Chari-
of the day hundreds of billions of table Trusts. Its most recent fig-
dollars in value had been lost in ures for fiscal 2016 show a $1.4
U.S. stocks. The bank’s CEO would trillion shortfall and just 66%
resign days later. funding. This was during a period
Maybe it was overconfidence, of dramatic recovery in stock mar-
but when Meredith Whitney made kets, employment and property
her second big call three years values that underpin state and lo-
later she violated the first rule of cal revenue.
punditry—never mention a number Yet even Pew’s numbers are
and a date in the same sentence. rosy because states and cities have
Her prediction on “60 Minutes” discretion in determining how
that there would be “50 to 100 siz- much funds are expected to earn.
able defaults” on municipal bonds Trimming the average 7.5% as-
over the next year proved wrong. sumption by just a percentage
People in the municipal-bond busi- point would add $382 billion to Mind the Gap states remove that safety net.
ness, deluged by anxious clients, 2016 net liabilities, says Pew. Higher rates also erase a once-
were merciless in their criticism of If that sounds worrisome, Illinois public pension funding Average funded level for U.S. public pensions popular Hail Mary strategy—issu-
Ms. Whitney’s prediction. zooming in on the weakest links is $250 billion 100% ing pension bonds. These work by
Since then, a drastic decline in downright scary. The American using a secure source of revenue
the finances of state and local gov- Legislative Exchange Council de- 200 80
such as sales taxes to back a bond
ernments has made it increasingly termined that, using more realistic that is then contributed to a pen-
likely that she will be remembered assumptions, Connecticut, Illinois Liabilities sion fund. Because the assumed
as right, but early. Municipal-bond and New Jersey are just 19.7%, 150 60 rate of return for the pension fund
investors should heed the warning. 23.3% and 25.7% funded, respec- is higher than the bond’s interest
There are $8 trillion in state tively. That is far worse than even 100 40 rate, things immediately improve
and local liabilities—a little under the worst major corporate pension on paper, though often not in
half owed to bondholders and the plans, which unlike state and city Assets practice. Chicago was considering
50 20
rest to pensioners. In what should ones are federally insured. a $10 billion issue this summer.
have been an ideal time to patch Because municipalities there When crunchtime comes, own-
the vulnerabilities that Ms. Whit- have less wiggle room, Illinois may 0 0 ers of what are in theory ultrasafe
ney highlighted, they have be- be ground zero for a wave of cash- 2003 ’05 ’07 ’09 ’11 ’13 ’15 2003 ’05 ’07 ’09 ’11 ’13 ’15
bonds—those backed by the taxing
come much worse. True, defaults flow problems. Chicago suburb power of issuers—may be in for
such as Detroit, Puerto Rico and Harvey had millions in tax revenue Source: Pew Charitable Trusts THE WALL STREET JOURNAL. another rude surprise. In most
Stockton, Calif., have been rare, garnished by the state this year bankruptcies, pensioners have
but ratings firms and fund manag- because it failed to make minimum As they say, things don’t matter than an 8% drop in state income been treated far better than bond-
ers in the sleepy sector operate pension contributions, forcing until they matter: Cities can cut tax revenue and a blow to pen- holders.
under the assumption that every- mass employee layoffs. Peoria says back on basic services and rack up sions’ stock investments. Back When the muni market starts to
thing will somehow continue to that 100% of its sales tax will go to IOUs without actually bouncing then, federal stimulus and a col- reflect the risks, investors will ask
work out. Even the lowest-rated funding pension contributions next checks to retirees or bondholders. lapse in borrowing costs eased the why no one saw them sooner. Ms.
state, Illinois, and all but the most year. And Chicagoans’ net state But rising interest rates and the sting. Today’s rising rates and the Whitney’s response from 2010
vulnerable cities, remain officially and local pension liability is nearly next recession may well be a tip- current administration’s cooler at- holds true: “’Cause they don’t pay
investment grade and yields ha- $50,000 per citizen. ping point. Fiscal 2009 saw more titude toward highly indebted blue attention until they have to.”
A Losing Bet in Korea That wasn’t all. Synergy also MSCI All Country World has lost –11.0 July '90
informed investors that sales 8.5%. There is no clear explana- –10.8 Nov. '74
of its signature drug, the irrita- tion: Investors have blamed
–10.5
POLITICS | HUMOR
REVIEW THE WALL STREET JOURNAL. * * * *
After Shackleton
A doomed polar
explorer walks in the
footsteps of his hero
Books C7
The
Long Struggle for
Supremacy
In the
Muslim
World
Turks and Saudis have been
enemies for centuries.
Now the Khashoggi investigation
has rekindled their fierce rivalry
—and may upend the politics
of the Middle East.
BY YAROSLAV TROFIMOV
Soner Cagaptay, a scholar at the Washington Institute for Near East Policy and the author of
a recent biography of Mr. Erdogan, “The New Sultan.” “Under this vision, a reimagined and
modernized version of the Ottoman past, the Turks are to lead Muslims to greatness.”
There is a long history behind that claim. For four centuries, the sultan in Istanbul was
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Inside
JASON GAY WEEKEND EXHIBIT
Midterm CONFIDENTIAL
We complain
about working Losers Elaine Pagels,
Beastly Beauty
Our views of
crazy hours but brag Elections for Congress groundbreaking animals have
about it, too. Is that a have been trouble for scholar of reli-
incumbent presidents evolved with the
sane way to run a life ever since the bitter gion, shares her ways that we
or a business? C6 contest of 1826. C2 own history. C6 depict them. C5
C2 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
REVIEW
Turkey’s President and his decision to imprison an American pas-
Erdogan (right) met with tor, Andrew Brunson, while seeking the extradi-
Saudi Prince Mohammed tion of a Pennsylvania-based cleric whom Tur-
bin Salman at a G-20 key accuses of organizing the 2016 coup attempt
summit in China in 2016. —all of which alienated Washington.
Now, with the Khashoggi affair igniting
global outrage, Mr. Erdogan has seized his
thirsty murderers who had chance. Turkey’s recent release of Mr. Brunson
plundered the holy city of has allowed a thaw in relations with Washing-
Karbala in Ottoman Iraq, ton. A series of leaks by Turkish officials, mean-
slaughtering 4,000 civilian while, has forced Saudi Arabia—which initially
inhabitants (most of them insisted that Mr. Khashoggi had walked out of
Shiite), and later destroyed the consulate alive—to make an embarrassing
many shrines in Mecca and about-face, admitting that the journalist was in-
Medina. To celebrate the deed killed by a specially dispatched team on its
demise of the Saudi state own diplomatic premises. The Saudis have dis-
and the liberation of the missed two senior officials close to the prince
two holy mosques, the Ot- over the incident and have continued to back-
toman sultan even released track, saying on Thursday that the killing was
debtors from jail across his premeditated and not, as they initially claimed,
realm. the accidental outcome of a “brawl.”
In the following de- Mr. Erdogan wants the Saudi suspects to
cades, a different branch of stand trial in Turkey and has pointed his finger
the House of Saud rebuilt at the highest levels of the Saudi state. Though
Diriya and reconquered Mr. Erdogan himself hasn’t accused Prince Mo-
much of the Arabian penin- hammed of killing Mr. Khashoggi, the Turkish
sula, prompting another leader’s closest aides have done precisely that.
Ottoman military invasion Prince Mohammed “is one of the culprits of the
in 1871. Moving quickly murder,” and Saudi Arabia is facing “arguably
down the Persian Gulf the most difficult process since it was founded,”
A Tense Past parliament, opposition parties and a civil soci- coast, the Ottomans deprived this second Saudi
ety—while Saudi Arabia has nothing like that.” state of much of its territory, seizing the eastern
Indeed, today’s kingdom of Saudi Arabia is a lands that were later found to contain most of
wrote Saadet Oruc, one of Mr. Erdogan’s senior
advisers, in a Turkish newspaper this week.
Prince Mohammed “has Khashoggi’s blood on
Divides monarchy as absolute as they come. It’s also the the kingdom’s oil. Over the next few years, a ri-
third state run by the House of Saud since the val Arabian tribe loyal to Turkey finished off
his hands” and the murder will “linger like a
curse” over the prince, concurred another ad-
Muslim Rivals family’s alliance with the puritan preacher Mo- what remained of the second Saudi realm.
hammed ibn Abdel Wahhab rallied the Bedouin All of this is not quite ancient history. The fa-
of the Arabian peninsula under the banner of an ther of Saudi Arabia’s current King Salman and
viser, Ilnur Cevik.
Mr. Erdogan’s aim seems to be to render
Prince Mohammed unpresentable on the world
uncompromising new creed (since known as the founder of the current Saudi state, King Ab- stage. More ambitiously, he may hope to pres-
Continued from the prior page Wahhabism) in 1745. dulaziz, went from being a vassal of the Otto- sure the prince’s father, Saudi Arabia’s elderly
also the religious leader, or caliph, of the entire Turkey is the main reason that the previous mans to fighting against the Turks during World King Salman, to anoint another successor. “Tur-
Muslim world. His spiritual authority was recog- two Saudi states ceased to exist. War I, when he helped to expel them from Ara- key ultimately wants to erode the influence of
nized well beyond the borders of the Ottoman The first disappeared when an Ottoman expe- bia for good. Some of Prince Mohammed’s un- MbS internationally, regionally, and to the ex-
Empire, which at its peak included parts of cen- ditionary corps comprised mostly of Turkish and cles took part in those battles against the Turks tent possible, domestically,” said Sinan Ulgen,
tral and eastern Europe, north Africa and the Albanian soldiers seized the Saudi capital of Di- and their local allies. head of the Edam think tank in Istanbul, refer-
Arabian peninsula. riya, on the outskirts of Riyadh, on Sept. 11, 1818. The Saudis have worked hard since then to ring to the crown prince by his initials. “And al-
The caliphate was abolished only in eliminate remaining traces of their coun- ready, his image as a reformist leader has been
1924, six years after the Ottomans lost try’s Ottoman past. In 2002, they razed tarnished.”
control over Mecca and Medina to a Brit- the historic Ajyad fortress in Mecca, one Prince Mohammed, who made a phone call to
ish-sponsored Arab revolt during World of many ancient Ottoman buildings that Mr. Erdogan on Wednesday, insisted in his first
War I. The modern, secular Turkish Re- have gone under Saudi bulldozers. “The public appearance since Mr. Khashoggi’s death
public, which rose from the remnants of Saudi royal family will never forget how that relations between Turkey and Saudi Arabia
the Ottoman Empire after its defeat by the Ottoman—the Turkish—soldiers remain excellent. Prince Mohammed added that
the Allied powers, banished the last sul- came twice and destroyed their state. as long as he, King Salman and Mr. Erdogan re-
tan, Mehmed VI, to Europe in 1922. With People tend to forget it in good times, main in power, nobody would be able to drive a
the Ottomans gone, the House of Saud but it comes back again and again,” said wedge between the two brotherly Muslim nations.
quickly expanded from its desert strong- Abdulkhaleq Abdulla, a prominent politi- In Ankara, however, memories are still fresh of
holds to much of the Arabian peninsula, cal scientist and former professor in the how Prince Mohammed just a few months ago, on
first capturing Mecca and then establish- United Arab Emirates. a visit to Egypt, bluntly described Mr. Erdogan as
ing a powerful new state in 1932. The U.A.E. had its own spat with Mr. part of a “triangle of evil” alongside Iran and the
Mr. Khashoggi, as it happens, hailed Erdogan last December over the Turkish extremists of Islamic State.
from a Turkish family that settled in record in Saudi Arabia, after the Emirati Though Saudi Arabia is far more repressive
Arabia in the Ottoman age—which is foreign minister retweeted a post accus- than Turkey, which does have some independent
why Turkish newspapers usually spell ing Fakhreddin Pasha, the last Ottoman press and opposition parties, both countries are
his surname the Turkish way as Kasikci, governor of Medina, of looting. The gov- among the world’s worst human-rights abus-
which means a spoon maker, to signal ernor had the holy city’s ancient library ers—as, of course, is Iran. Turkey under Mr. Er-
his kinship with the country. shipped to Istanbul before Medina was dogan has imprisoned more journalists than any
Until Mr. Erdogan’s embrace of neo- besieged in the Arab Revolt, then re- other state, press-freedom groups say. It has
FROM TOP: KAYHAN OZER/ANADOLU AGENCY/GETTY IMAGES; GETTY IMAGES
Ottoman politics—and more authoritar- fused to surrender, ordering the starving also pursued opponents abroad with its own
ian rule—a decade or so ago, the modern Turkish soldiers to subsist on grasshop- program of renditions, though it doesn’t have a
Turkish state wasn’t much interested in pers even after the Ottoman sultan con- death penalty.
leading the Muslim world and was con- The Ottoman Empire’s last Sultan, Mehmed VI, in 1922 ceded defeat in 1918. Mr. Erdogan com- Thanks to the Khashoggi affair, however, Mr.
tent to leave religious proselytizing to before he was banished by the new Turkish republic. plained of the Emirati minister’s Erdogan’s Turkey can finally credibly claim the
Saudi Arabia. Turkey joined NATO, “impudence,” and Ankara renamed the moral high ground—a major boon for Ankara’s
sought membership in the European street on which the U.A.E. embassy is lo- regional ambitions.
Union and nurtured close military links with Is- The city was razed. According to a Russian diplo- cated after the governor, whom Turkey consid- “One of the astonishing ironies of the entire
rael. matic dispatch, the Turkish sultan then had the ers a war hero. episode is how the leading jailer of journalists in
Mr. Erdogan’s new Turkey, by contrast, pres- captured Saudi ruler, Abdullah bin Saud, escorted Until Mr. Khashoggi’s death, the Saudi-led al- the world is now a paragon of press freedom
ents a major challenge to Saudi Arabia by offer- to Istanbul, alongside the chief Wahhabi cleric. liance with the U.A.E. and Egypt seemed to be and protections,” said Steven Cook, a senior fel-
ing an alternative Islamic model, said Madawi al After the deposed Saudi monarch was beheaded on the winning side across the region, with Tur- low for the Middle East at the Council on For-
Rasheed, a Saudi professor at the London School outside the Hagia Sophia, his body was propped key able to depend only on Qatar and possibly eign Relations in Washington. “Not only that,
of Economics and the author of a history of up in public for three days with his severed head Sudan. In part that was because of President but Turkey, which has been a wholly irresponsi-
Saudi Arabia. “It is an existential threat to Saudi under his arm. (As for the Wahhabi imam, he was Donald Trump’s early bet on Prince Moham- ble actor on Iran, Syria, Middle East peace, even
Arabia because of Turkey’s combination of Islam sent to Istanbul’s bazaar for beheading, the diplo- med—a cornerstone of his strategy to contain stability in the Horn of Africa, now looks like a
and a kind of democracy,” she said. “After all, mat reported.) Iran. It was also a result of Mr. Erdogan’s own source of regional stability in comparison to the
Erdogan is still ruling over a republic that has a In Ottoman eyes, the Saudis were blood- moves, such as his overtures to Iran and Russia reckless Saudis.”
the majority required for victory, it trayed him as a cheater. The phrase 1826 midterm elections. Jackson sup- court independents to retain control thors of “The Rise of Andrew Jack-
fell to the House to choose a new “corrupt bargain” was repeated so of- porters gained nine seats and a nar- of Congress. Eight years later, dis- son: Myth, Manipulation, and the
president under the terms of the ten that the details of the alleged bar- row 113-100 majority in the House. gust over the scandals of the Grant Making of Modern Politics,” re-
Constitution’s Twelfth Amendment gain and the lack of any real evidence The elections of 1826 were the administration saw Democrats gain cently published by Basic Books.
THE WALL STREET JOURNAL. * * * * Saturday/Sunday, October 27 - 28, 2018 | C3
REVIEW
ROBERT NEUBECKER; ISTOCK (PUMPKIN)
The Multicultural Past of with parades in San Francisco’s Castro district and New
York’s Greenwich Village.
While Halloween is beloved by many Americans, how-
H
querading, fortune-telling games a number of public schools have can-
alloween has come a long way from its and parading through the neigh- celed Halloween festivities because it
earliest origins in the Celtic autumn festi- borhood asking for fruit, nuts and takes away from class time. They
val of Samhain, which was celebrated in coins. also wish to avoid excluding chil-
the British isles before the arrival of In some places, Halloween ob- dren whose families don’t celebrate
Christianity. Later historians recorded servances mixed with the secular the holiday.
that Samhain involved lighting bonfires against the on- “play parties” that took place As the pagan and Christian reli-
set of winter darkness and making offerings of crops around harvest time. These in- gious elements of Halloween have re-
and livestock to appease threatening otherworldly cluded ghost stories and opportu- ceded, they have given way to com-
forces. Today, by contrast, people make offerings of nities for young people to meet and mercial practices. Already by the 1950s,
sweets to placate the little Wonder Women and Harry court each other. The Irish also con- store-bought Halloween candy had all but
Potters who come to their doors (full-size candy bars tinued the practice of carving creepy replaced homemade treats. Today, Hallow-
preferred), or else they dress as zombies or “sexy lanterns out of vegetables, though now een-themed merchandise fills several aisles in
nurses” to attend haunted houses and slasher films. they used pumpkins, which were everywhere stores such as Target and Walmart. A survey by
Yet ancient echoes can still be heard in today’s holi- in America and easy to carve. To this day, Hallow- the National Retail Federation notes that consumers
day. In the mid-8th century, Pope Gregory III declared een is celebrated primarily in North America, although will spend $9 billion on Halloween celebrations this
“
that All Saints Day would be celebrated on November 1. it has become known to children around the world year, with less than a third going for candy.
In English, All Saints Day was also known as All Hallows thanks to American movies and TV shows. Even so, for many people the holiday is not com-
Day, so the night before, October 31, became All Hallows Almost as soon as Halloween took root, attempts pletely divorced from its religious roots. In the Catholic
Eve, or Halloween. The Christian holiday was observed were made to tame the celebration. The holiday’s repu- Church and some mainline Protestant denominations, All
with masses and prayers, but in parts of the British Isles tation as a night of mischief spread quickly: Many young As soon Saints Day is still observed as a religious holiday, with
people also continued the old rituals associated with men embraced the night’s license to drink, misbehave as the the month of November given over to prayers for the
Samhain—building bonfires, ringing bells and lighting and commit small—or sometimes not so small—acts of dead. At the same time, modern-day Wiccans and neopa-
candles to scare away evil spirits. vandalism, such as turning over outhouses, digging up holiday gans celebrate a revived Samhain, sometimes in con-
Many of the practices associated with Halloween to- gardens, stealing jack-o’-lanterns and even setting fires. took root, junction with Halloween and sometimes as a separate
day may be traced back to these medieval celebrations. As early as the 1870s, ladies’ magazines included sug- holiday. Observances may include anything from the tra-
Trick or treating, for instance, recalls the practice of gestions for safe and organized Halloween celebrations, attempts ditional bonfires to a harvest meal with friends.
“souling,” in which people would go door to door beg- complete with crafts and parlor games. By the 1920s, were For its part, the secular celebration of Halloween,
ging for “soul cakes”—small currant biscuits which were cities and towns were establishing community Hallow- with its costumes and decorations, seasonal theme parks
offered in exchange for prayers (and probably also to een parties and parades.
made to and annual television specials, continues to resonate
make the beggars go away). Costumes, too, have long During these years, the practice of begging for nuts tame it. with primal themes—darkness and fear, harvest and
been a part of Halloween: In the Middle Ages, people and fruit evolved into the tradition of children going nourishment, courtship and sex, the allure and rejection
would disguise themselves in order to fool any evil spir- trick-or-treating, and Halloween became known as a of the supernatural. And it continues to be a holiday
its that might be wandering about. In Ireland, people children’s holiday. But in recent decades it has been re- that emphasizes community. How else to explain all
would carry candles in hollowed out turnips, carved claimed by adults, who relish the night’s freedom from those people waiting at their doors to give free candy to
with grotesque faces—a precursor of the jack-o’-lantern. inhibition, the chance to try on new identities and often strangers? Even in 2018, Halloween can still be a way of
Halloween may have arrived in America as early as to dress more provocatively than is usually acceptable. encountering the sacred.
the colonial period, brought by the Scots who settled in A large part of Halloween’s renewed popularity with
Appalachia. But it did not become well known until the adults can be attributed to the LGBTQ community, Dr. Hansen is Master Lecturer of Rhetoric at Boston
19th century, when Irish immigrants introduced their whose public Halloween celebrations began in the 1970s University’s College of General Studies.
A Monstrous
cerns grew over the cultivation a “Frankencow” to produce a
of genetically engineered crops. “Frankenburger,” the nickname
Prefix
In 1989, as recorded in the Ox- British tabloids have given a
ford English Dictionary, Lon- lab-grown beef patty developed
WORD ON
Haunts the
don’s Sunday Times carried the from cow stem cells, unveiled
THE STREET headline, “Fear of Frankenstein by Dutch scientists in 2013.
food.” That was telescoped into On the meteorological front,
BEN
ZIMMER Language “Frankenfood” in 1992, when
Paul Lewis, an English profes-
“Frankenstorm” has been used
for hybrid weather phenomena,
sor at Boston College, wrote a most notably Hurricane Sandy
letter to the editor of the New in 2012, when it merged with
IT HAS BEEN two hundred into a productive source for the raw material for all sorts of York Times. “If they want to an inland snowstorm and a
years since the anonymous linguistic innovation, generat- hybrid concoctions. Just the sell us Frankenfood, perhaps nor’easter. (“Snor’eastercane”
publication of a novel that ing countless “Frankenwords.” first two syllables, “Franken-,” it’s time to gather the villagers, was another suggestion.)
would capture the world’s “Frankenstein,” as many a is enough to conjure the Fran- light some torches and head to Though “Frankenstorm” ap-
imagination: “Frankenstein; or, pedant will explain, is the name kensteinian image of a the castle,” Mr. Lewis wrote. peared in a National Weather
The Modern Prometheus.” As of the story’s scientist and not stitched-together monstrosity. “Frankenfood” soon flour- Service advisory about Sandy,
would later be revealed, the the creature he brings to life in “Frankenwords,” as University ished, spawning other Franken- some news outlets like CNN
gothic masterpiece was writ- the laboratory, but that confla- of Edinburgh linguist Geoffrey words for genetically altered avoided using the word for fear
[Franken–]
tion of charac- Pullum has noted, are “formed food products, like “Franken- of trivializing the storm.
ters is nothing via the sort of unnatural com- crops,” “Frankenfruit,” “Fran- Mary Shelley’s spooky leg-
new. During a bination of parts that the ‘fran- kenplants,” “Frankencorn,” and acy has clearly pervaded the
visit to Sicily in ken-’ part alludes to.” “Frankenveggies,” all raised by English lexicon. And if you
1838, future Brit- Franken-coinages started off “Frankenfarmers.” Tinkering would like to celebrate the bi-
ish prime minis- innocuously enough with the with the genes of animals centennial of “Frankenstein”
ter William E. strawberry-flavored breakfast raised anxieties over the cre- this Halloween, you’re in luck,
ten by the English author Gladstone remarked on the hy- cereal Franken Berry, intro- ation of “Frankencows” and as the novel will be read pub-
Mary Shelley when she was brid nature of mules, the off- duced by General Mills in 1971 “Frankenfish.” (Keeping with licly in its entirety at the Li-
still a teenager. Shelley’s cre- spring of horses and donkeys: alongside its chocolate counter- the horror theme, “Franken- brary of Congress and other
ation has continued to reso- “They really seem like Franken- part Count Chocula. Ads for the fish” was also the title of a venues around the world. The
RUTH GWILY
nate as a cultural touchstone steins of the animal creation.” cereal featured a cartoon ver- 2004 monster movie about ge- international series of readings
to this day, with the very Over time, the word “Fran- sion of Frankenstein’s monster, netically engineered snakehead is called, naturally enough,
name “Frankenstein” turning kenstein” itself would become a knockoff of Boris Karloff’s fa- fish, though real-life snake- “Frankenreads.”
C4 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
REVIEW
MIND AND MATTER
SUSAN PINKER
When It Comes
To Sleep, One
Size Fits All
I’D ALWAYS thought that
our need for sleep, like
our appetite for food,
drink or social contact,
was a personal matter:
Some people need more, some need
less. Age, lifestyle, work and metabo-
lism combine to determine how much
sleep a person needs to function, and
if some people thrive on five hours a
night and others require seven, chalk
it up to different strokes for different
folks, right?
Wrong. A new study of the sleep
habits of more than 10,000 people
around the world suggests that the
amount of sleep adults need is univer-
sal. The massive survey, published in
F
The 10,886 adults who remained his conservative party toward policies aimed
filled out a detailed online question- ifty years ago next month, Richard when the president brought at the relief of poverty, so might Nixon lead
naire about their backgrounds, medical Nixon won the presidency in a po- the liberal intellectual to the reluctant Republicans. Nixon loved being
histories and sleep patterns. How long litically divided America, running White House in 1968, but the treated like a fellow intellectual by Moynihan.
was their average night’s sleep? How on a campaign of “law and order.” And the idea of beating the liberals of the
often was their rest interrupted, and Over the course of the 1960s, civil unlikely pair’s anti-poverty Kennedy-Johnson era at their own game must
how consistent were their nights? rights marches had given way to rioting in ideas still shape our politics have been irresistible.
Once their sleep habits were re- many inner cities, and student protests had Moynihan had been frustrated by the War
corded, the participants completed a evolved from picketing to the seizure on Poverty’s focus on social engineer-
battery of 12 cognitive tests. Puzzle- of campus buildings. Many Americans ing over a more straightforward—
like tasks assessed their spatial, verbal saw Nixon as the sort of tough-minded though more expensive—jobs program.
and short-term memories, as well as conservative who could deal with this In 1969, he published a withering
their capacity for deductive reasoning, upheaval. book-length critique of the Johnson
sustained attention, planning and clear So it came as a surprise when the administration’s Community Action
expression. president-elect named the Harvard Project. He argued that federal bureau-
The findings that emerged were professor Daniel Patrick Moynihan as crats were misguided in believing they
startling. Half the sample averaged his top adviser on America’s urban could solve African-American poverty
less than 6.4 hours of sleep a night—a problems. After all, Moynihan—a Dem- by creating “grass roots” leaders to
pattern that was associated with im- ocrat who had served in the Kennedy agitate for change. As Moynihan
paired problem-solving, reasoning and and Johnson administrations and was pointed out, big-city mayors were en-
verbal acuity. Those who routinely one of the architects of the Great Soci- raged by this intervention in local poli-
slept six hours a night or less flubbed ety—had complained on national tele- tics and mightily resisted the program.
more questions based on spatial rota- vision during the campaign that “you “We’re trying to bring government
tion or grammatical reasoning and left can have law and order in a penal back” to what it “knows how to do,”
more tasks incomplete than those who camp, [but] you haven’t achieved Moynihan would explain as he pro-
got a full night’s rest. much.” moted FAP. One of those things was
Surprisingly, mere sleep depriva- Moynihan was indeed a committed distributing money—that was the les-
tion—that is, one or two nights with liberal, but at that point he was an un- son, as he saw it, of Social Security’s
little or no sleep—did not alter rea- happy one. In 1965, white and black success. FAP could end poverty, not
soning or verbal skills, though it did radicals had pilloried him as the au- just for the unemployed but for the
hobble short-term memory. This find- thor of “The Negro Family: The Case working poor as well.
ing is reassuring, given that many pro- for National Action,” an internal Labor Ultimately, FAP was killed by at-
fessionals—think of hospital residents Department paper thereafter known as tacks from both the left and the right,
and airline pilots—have to make life- the “Moynihan Report.” The study pre- and Moynihan departed the Nixon ad-
or-death decisions based on exactly dicted that the rise in single-parent ministration at the end of 1970. But
this kind of erratic sleep schedule. If families among African-Americans the idea of FAP didn’t die. By 1975, it
their short-term memory is compro- would seriously harm economic prog- had evolved into the less ambitious
mised, they can always look up facts ress for blacks. but widely admired Earned Income
on their phones. But for split-second, When the report was leaked, the Tax Credit (EITC), which gave financial
life-changing decisions, they are on press highlighted Moynihan’s fiery assistance to working families. In the
their own. rhetoric and oversimplified his com- Top: President a presidential historian and 1990s, the Clinton administration would qui-
Regularly sleeping too little seems plex argument. His critics accused him Richard Nixon Moynihan’s chief of staff at the etly but significantly boost funding for EITC
to be much more damaging than hav- of blaming African-American culture (left) with time, explained that Nixon while very publicly working to reform welfare
ing one or two bad nights. Getting for the problems of the African-Ameri- Daniel Patrick “had a tendency to ‘fall in love’ with the help of Republicans in Congress.
four hours of sleep or less for an ex- can family. In fact, Moynihan believed Moynihan, his with those who worked for Although Moynihan was a strong believer
tended period is equivalent to adding that endemic racism and economic in- urban affairs him. And it happened with Pat in welfare reform, he roundly attacked the fi-
eight years to one’s age when it comes justice were the culprits and that dein- adviser, in 1970. Moynihan at exactly the right nal legislation for ending the federal guaran-
to test performance, the study dustrialization was robbing inner cit- Above: In 1995, time.” tee of aid to the poor. In 1995, as an eminence
shows—a significant decline. But a sin- ies of high-paying jobs for black men. Sen. Moynihan Nixon had campaigned on of the U.S. Senate, he unleashed a stinging jer-
gle good night can repair some of the By 1967, Moynihan was furious at argued against getting people off the welfare emiad, angrily predicting that family and
damage: People who slept more than student radicals who, he felt, had no President rolls; he railed against depen- childhood poverty would increase.
usual the night before they were regard for authority. He gave a speech Clinton’s plans dency and government waste. In its first years, the rosy results of welfare
tested ended up acing more of the to the liberal cold warriors of Ameri- for welfare Yet in the fall of 1969, under reform seemed to refute Moynihan’s concerns.
cognitive tests. cans for Democratic Action, stressing reform. Moynihan’s tutelage, Nixon Today, however, the effectiveness of the Clin-
So if you want to be articulate, that their own “essential interest proposed a program that would ton-era initiative remains a subject of fierce
solve a pesky problem, parallel park or [was] in the stability of the social or- have vastly expanded welfare debate. Though many poor Americans de-
organize an effective team—or even der.” Amid the chaos of the 1960s, he said, it spending. The existing program of Aid to Fam- parted the welfare rolls for work during the
your closet—you’ll definitely need that was necessary to “seek out and make more ef- ilies With Dependent Children (AFDC), as wel- boom years of the late 1990s, the recessions of
nightly 7-8 hours of sleep. fective alliances with political conservatives fare was then called, had been designed to 2001 and 2008 found large numbers of them
who share that concern.” help unemployed single mothers. Nixon’s new vulnerable. And while EITC has bolstered the
Candidate Nixon took notice. As a cam- Family Assistance Plan (FAP) was supposed to prospects of the working-class poor, those in
paigner, he loved playing political hardball. He provide a minimum income for every family in deep poverty—with incomes below 50% of the
had red-baited his way into Congress in the America. official poverty level—have been hurt by the
1940s, and in the 1968 campaign he had em- The press was dumbfounded, and both left limits placed on welfare.
ployed what political analyst Kevin Phillips and right were thrown into disarray. For con- Meanwhile, some 50 years after President
called the “Southern strategy,” attracting servatives, FAP was a political betrayal and a Nixon proposed it, FAP is making a comeback
white voters who were alienated by Lyndon gargantuan giveaway. Though many liberals under a new name: the Universal Basic In-
Johnson’s civil rights legislation. praised the program, others on the left in- come. This time, however, the idea has advo-
But Nixon was also a sophisticated student sisted that the proposed amount—$1,600 a cates on both the left and the right, if not very
of policy, and he knew that the police alone year (about $11,000 today)—was so small that much mainstream support. It’s a powerful tes-
weren’t going to solve the problems of Amer- it was an insult to the poor. Thanks to Moyni- tament to the continuing relevance of Daniel
ica’s inner cities. He needed an adviser to help han, Nixon had surprised everybody. Patrick Moynihan, a brilliant public servant
him forge an effective domestic policy, so he Moynihan accomplished this remarkable whose ideas were always grounded in facts
TOMASZ WALENTA
created a new Council on Urban Affairs, with feat by appealing to Nixon’s own memories of rather than ideology.
Moynihan at its head. poverty, as well as to his political ambition. He
Over the next 18 months, the relationship gave the president a biography of the British Mr. Dorman is the writer and co-director of
between the two men deepened. Stephen Hess, Prime Minister Benjamin Disraeli to read. His the new documentary, “Moynihan.”
THE WALL STREET JOURNAL. * * * * Saturday/Sunday, October 27 - 28, 2018 | C5
REVIEW
ASK ARIELY Election Day, they get derailed by other
obligations. To change their priorities,
DAN ARIELY I would try to make the voting process
a social event. Invite your friends and
co-workers to meet at a bar or restau-
A Fix for That rant near the polling place, and when
they show up, tell them that you’re
Friend Who’s buying beer only for people who have
already voted. Encourage them to go to
Never on Time the polls in small groups and come
back quickly. By combining fun and
personal accountability, you’ll make
Hi, Dan. voting much more compelling.
I have a dear friend who is
always late. I love spend- Hi, Dan.
ing time with him, but I I work for a tech company, and our
can’t help feeling miffed performance reviews are coming up
when I’m kept waiting at a noisy bar, soon. The reviews are used to deter-
twiddling my thumbs and checking my mine who will get a bonus. Unfortu-
watch. He often turns up after half an nately, my performance is usually in
hour with an elaborate excuse about the middle of the pack, and I have yet
the subway system or a snafu to receive a bonus. I understand
with his dog. His wonderful the logic for giving bonuses to
company usually makes the most productive employ-
me forgive him, but this ees, but I can’t help feeling
pattern of wasting my disappointed, and my moti-
time is really frustrating. vation is suffering—which
What can I do? —Charles makes my chances of get-
ting a bonus even lower.
Unfortunately, wait- Do you think that bo-
ing around for nuses are a good
EXHIBIT your friend to way of motivat-
show up is ing employees?
Bonuses are a
more complex
FROM CAVE PAINTING to 3D printing, humans have long been fascinated by likenesses of the gest setting topic than
creatures with whom we share the earth. A new book “Animal” (Phaidon, $59.95) showcases the a strict dead- most people
great variety of these depictions through 300 artworks. line and stick- think, and it’s
Phaidon editors selected a range of species for the project, from megafauna, such as lions and ing to it, certainly not the
bears, to domestic animals and smaller critters. The book aims to show the changing relationship though this case that they al-
of humans with animals and to highlight turning points in zoological study. might cause some ways lead to better
The featured works include every- friction initially. performance. A few
FROM TOP: USGS BEE INVENTORY AND MONITORING LAB; KOLLER AUCTIONS, ZURICH
thing from oil paintings to modern re- When you make an ap- years ago, my colleagues
search photography. The U.S. Geologi- pointment, warn your and I worked with a large
cal Survey’s image of a pollen-coated friend that you are only going to company that gave its top employ-
bee (top) was taken, for instance, for wait for 10 minutes; if he doesn’t show ees weekly bonuses, which could make
scientific documentation. up by then, leave. Over time, this up as much as 30% of their income. Ob-
By contrast, Sir Edwin Landseer’s should teach your friend to be more viously, the good employees got the bo-
1851 painting of “The Monarch of the punctual, which will help his relation- nuses week after week, while the not-
Glen” (right) depicts a red-deer stag ship with you—and maybe with others so-good employees got nothing.
standing proudly in the Scottish high- as well. By changing the way performance
lands. The popular image now serves as was calculated, we enabled average
an emblem of the country’s wildlife. Hi, Dan. employees to earn bonuses from time
Animals “are at once knowable Many of my friends and co-workers say to time. The result was that the com-
through study and domestication and they care about voting, but their spotty pany’s overall productivity increased.
entirely unknowable,” in that we can- track record suggests otherwise. How Why? Because the motivation of mid-
not speak with them or know what can I convince them to go out and vote dle-of-the-road employees makes a
they think, says editor Victoria in the upcoming election? —Georgia meaningful contribution to the bottom
EDMON DE HARO
Clarke. “We make art of animals sim- line. A good incentive system has to
ply to wonder at the beauty of a liv- My guess is that your friends aren’t ly- take into account the fact that feeling
ing being that we can never fully un- ing to you—they do care about voting, valued and acknowledged is important
derstand.” —Alexandra Wolfe and they may even plan to vote. But on to everyone.
Doubleday
Also available as an audiobook and an eBook JGrisham.com
C6 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
REVIEW
Elaine Pagels
that the problem with having a good God and an
evil Satan is that it promotes a binary view of the
world, which makes it difficult to resolve conflicts
by negotiating with “evil.” “You have to annihilate
the other side because they’re evil,” in this world-
view, she says. The book also explored the history
of Christian anti-Semitism.
W
solace in conventional religious practices. Today,
she belongs to an Episcopal church in Princeton
hen a colleague of Princeton professor of reli- book in the first person. In it, she describes the and goes to a Trappist monastery in the summer.
gion Elaine Pagels told her that some websites two great tragedies in her life: the death of her 6- But she declines to provide more details about her
refer to her as “Elaine Pagan,” the moniker year-old son from a rare disease in 1987, followed ‘I never own practices and beliefs. “What I believe or what
didn’t bother her. A major point of her work, she by her husband’s death in an accident a year later. thought I I don’t believe doesn’t matter at all,” she says. “I
says, is the idea that there are many ways to be Her life and her work, she explains in the book, are ever would found for myself exploring a spiritual dimension to
spiritual outside of “official” religions. interwoven. write about be very important for me, but I don’t think every-
“Different religious groups in every tradition define themselves Writing the book took her seven years. “It was things like body needs to do it through religion at all.”
as the only ones that are right and everyone else is wrong,” she so personal,” she says in her Princeton office. “I this for a She also found meaning in art and poetry. “They
says. “What fascinates me is the extraordinary spectrum of Chris- never thought I ever would write about things like long, long can open up the imagination in similar ways” as
tian traditions.” this for a long, long time, because it was too pain- time because religion, she says. She refers to the last line of Wil-
Ms. Pagels has long had a reputation as an iconoclast. She made ful to look at,” she says. it was too liam Butler Yeats’ poem, “Among School Children”:
her name with the groundbreaking and controversial 1979 book “The Ms. Pagels doesn’t have a single answer to the painful to “How can we know the dancer from the dance?”
Gnostic Gospels,” an examination of so-called “secret gospels,” an- question posed in her book’s title. “This kind of ex- look at,’ she which suggests that the dancer is part of a larger
cient texts that fall outside the official Christian canon. ploration is more about questions than answers,” says. whole. Such lines have helped her to feel con-
In her new book, “Why Religion?” out next month, Ms. Pagels she says. She examines it through her own experi- nected to something bigger than herself.
shares part of her own history as she explores why religion is still ence as well as through history, art and poetry. “It points to a tremendous human desire to con-
around in the 21st century and what we mean by it. It is her first Ms. Pagels, 75, grew up in Palo Alto, Calif., the nect with a transcendent reality,” she says.
May
thrilled to Basecamp, Fried and civil and productive. Schedules
miss the Hansson are successful can be flexible. Emails on the
JASON school play. entrepreneurs who rail weekend can be avoided.
GAY
Actually Be, But amid the
complaining
against the win-at-all-
costs mentality of
Bosses who send emails on the
weekend can be launched into
too much work, we’re ex- the football coach who barely Crazy at Work,” by Jason Fried cies, until they realized that it doesn’t have to be crazy. You
pected to offer regrets about sees his family during the sea- and David Heinemeier Hansson. made employees nervous can make a great sundae at
sleep lost, family events son—and definitely doesn’t re- Last week, I hosted a talk with about taking vacation. Now home. Peanut wants one, too.
BOOKS
Jamestown, 1619 Distressed Pearl
The origins of MacArthur, Yamashita
American democracy and the ruin of
and inequality C12 Manila C9
READ ONLINE AT WSJ.COM/BOOKSHELF THE WALL STREET JOURNAL. * * * * Saturday/Sunday, October 27 - 28, 2018 | C7
The Belles
Of
Amherst
After Emily
By Julie Dobrow
Norton, 426 pages, $27.95
BY BRENDA WINEAPPLE
I
N 1898, 12 YEARS after the
death of Emily Dickinson, an
intrepid woman named Mabel
Loomis Todd (1856-1932)
stashed a huge trove of Dickin-
son manuscripts, including 655 poems,
into a camphorwood chest. That chest
stayed locked for more than 30 years,
when Mabel Todd instructed her
daughter, Millicent (1880-1968), to open
it. How Mrs. Todd came to possess that
pile of Dickinson material is a story
rivaling any old-fashioned Victorian
bodice-ripper. And happily it’s the
subject of Julie Dobrow’s long overdue
study, “After Emily: Two Remarkable
Women and the Legacy of America’s
Greatest Poet.”
More than anything, Mabel Loomis
had wanted to be a “Somebody,” as
Emily Dickinson dubbed those who seek
the approval of an “admiring Bog.” She
liked to say she was descended from
Priscilla and John Alden, that as a child
she’d known Thoreau and that her
brilliance as an artist, musician and
writer would inevitably win her great
acclaim. As a young woman, she did
briefly study piano at the New England
WILLIAM GOW (2)
H
how the trekkers dip their toothbrushes offered too much “candor” for politicians’ The ro-
ENRY WORSLEY was into the ice to moisten and clean them, liking in reports he wrote while on a mance be-
Mabel Loomis
one of those gallant, for example, and what they listen to on mission in Afghanistan in 2006 about the tween Mabel Todd and her
frozen-bearded adven- their iPods. dangers of British intervention there. and Austin daughter,
turers who slog across In 2012, Worsley and a military col- Mr. Grann is not attuned to the idiom began in-
the polar wastes to test league competed against two other of England’s English: He says that Wors- auspiciously, Millicent, gave
themselves, to set new records and to adventurers to mark the centenary of the ley went to “the Stowe School,” whereas sort of. Susan the world the
raise money for charity. On his final expe- 900-mile race between the Norwegian there is no definite article attached to Dickinson
dition, he noted in his diary, “There is Roald Amundsen and the Englishman that exclusive institution, and one doesn’t had not only
works of Emily
nothing to see but white darkness,” and Robert Scott to be first at the South Pole. “graduate” from school in the U.K.: One included Dickinson.
with that sentence he bequeathed David Worsley’s team won. He had become the only graduates from college. A Briton Mabel in
Grann a title for this slender volume. first person to trace the two classic routes would never say “we are setting off in a family out-
Worsley was a British army officer in a to 90 degrees south. This second expedi- couple hours,” as Worsley does here. It’s ings but also encouraged the pretty
commando unit. His first polar sortie, in tion is quickly dispatched in these pages. “a couple of hours” in the old country. faculty wife to pay special attention to
2008, takes up most of the pages of “The Three-quarters of the way through the The style is pleasant, if at times senti- her oldest child, Ned, an epileptic. Poor
White Darkness,” the account fleshed out book, Mr. Grann describes 55-year-old mental. Worsley’s wife gave her “bless- Ned: At 20, he was just five years youn-
with biographical detail. Our man set Worsley leaving home again in 2015, ing” to the first expedition, one learns, ger than Mabel, inexperienced and soon
out with two others to re-create Ernest intending to trek more than 1,000 miles “even though it threatened to take from head over heels with the flirtatious new
Shackleton’s Nimrod expedition, which across the Antarctic continent, coast to her the man she loved.” There are no friend who sang Schubert and painted
had sailed south a century earlier. On that coast, as his hero Shackleton had in- insights into what makes a man punish watercolors. Exuberant, Mabel wore
mission, the Boss, as Shackers was known tended to do until he had to abandon his himself so, other than the usual stuff Ned’s fraternity pin, crowing that “I
to his crew, trekked to within 97 nautical ship. But Shackleton was one of a team. about “character.” And despite a lot of could twist him around my little finger,
miles of the South Pole. Worsley and his Nobody had attempted this feat alone comment on Shackleton, Mr. Grann never that he would go off and kill somebody
men beat that and got all the way, sleep- and unsupported. When Worsley set off mentions that the man was Anglo-Irish, if I bade him.” But desiring something
ing each night in a tent 14 feet long and 7 from Berkner Island, his sled weighed a key to understanding him. His Protes- more substantial than a besotted boy,
feet wide and burning between 6,000 and 325 pounds. Prince William had invited tant forebears had for generations formed she set her cap for his dad.
him over to London’s Kensington part of the ruling class in pre-Partition Mabel and Austin’s not very secret
Palace to give him a signed Union Ireland: Leadership was in the Shackle- romance lasted for the remaining
Jack, just as King George V had given tonian DNA. In the potted histories of the 12 years of Austin’s life. It was Susan’s
one to Shackleton. golden age of polar exploration, Mr. Grann fault, Mabel alleged: Susan was a cold,
Weather went against him. Every- leaves out the best stories but includes pretentious harridan from a lower
thing went against him. His diary the famous anecdote about Shackleton social class who had actually caused
shrank to a litany of suffering and a imagining a fourth presence alongside Ned’s epilepsy by attempting to abort
threnody for what might have been. He him and his two colleagues as they a pregnancy. Most astonishing, Mabel
almost made it but pressed the button marched to a South Georgia whaling sta- seemed not to understand why Susan
on his phone to be airlifted out on, tion to find rescue (T.S. Eliot redeployed and the small village community
as Mr. Grann says, “the most expensive the image in “The Waste Land”), even then turned on her.
taxi ride in the world.” He couldn’t though it’s known that Shackers and his Please turn to page C11
walk unaided up the steps to the small ghost writer invented it.
plane, but he had trekked for 71 days Mr. Grann writes of the time when
and covered nearly 800 nautical miles. the summer light began “to grace the
He had also contracted bacterial peri- sky.” I was in the Antarctic once when
tonitis, an infection of the thin tissue the darkness receded, not doing any-
that lines the inner wall of the abdo- thing heroic, just writing about the
men. A few days later he died in a Big White, which is much easier than
hospital in Punta Arenas, Chile. pulling a sled over it. The return of light
THRILLOF 8,000 calories a day. His distant relative This is a handsome volume, just 140 is not a graceful business. It’s a fero-
THE CHILL Frank Worsley was on the Boss’s fabled small pages, including lots of integrated cious one, a kind of barbaric splendor.
Worsley Endurance expedition (1914-17) and wrote pictures and a great deal of white space I admire the astonishing physical
near the “Shackleton’s Boat Journey,” one of the (no pun intended). It began life as an prowess of these modern “explorers.”
South Pole best polar books ever. The other two men article in the New Yorker—Mr. Grann is But you can’t help wondering if it’s quite
in 2008. with Henry Worsley were also descen- a staff writer—and it still is an article, the same with a satellite phone attached
dants of members of Shackleton’s teams. really. to your belt. Let us remember, though,
Mr. Grann’s previous books include A touch of hagiography clings to the that Henry Worsley raised hundreds of
“The Lost City of Z” (2009), the story of tale. Mr. Grann aims to make his subject thousands of dollars for two charities
YALE UNIVERSITY LIBRARY
the explorer Percy Fawcett’s disappear- a hero but sometimes diminishes him supporting wounded servicemen. His
ance in the Amazon in the 1920s (it was with platitudes and cliché: “The man felt wife and children took his ashes to
made into a film). For this new volume he like a speck in the frozen nothingness.” South Georgia and buried them on a
interviewed everyone and had access to Or: “For Worsley, getting closer to Shack- cold hill overlooking Shackleton’s grave.
Worsley’s diaries and the transcripts of leton was a way of getting closer to
the nightly broadcasts he transmitted, himself.” Really? Worsley goes for a Ms. Wheeler’s books include
and of course he quotes from Worsley’s walk alone every night after supper, “like “The Magnetic North: Notes From DICKINSON TRUST Millicent and
2011 book “In Shackleton’s Footsteps.” a mystic who pursues enlightenment the Arctic Circle.” Mabel Todd in Peru in 1907.
C8 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
BOOKS
‘Success is not final, failure is not fatal: it is the courage to continue that counts.’ —WINSTO N CHURCHILL
1 O
One in seven Allied aviators who N SEPT. 14, 1975, Pope Paul VI
survived being shot down in the presided over the canonization of
Netherlands were helped to safety. Elizabeth Ann Bayley Seton, the Ro-
According to Bob de Graaff, roughly man Catholic Church’s first American-
6,000 Dutch civilians took part in the rescue born saint. The religious order Seton
operations. They included Roman Catholic founded in 1811, the Sisters of Charity, now numbers
clerics, veterinarians, farmers, rationing some 4,000, serving the needy in schools, hospitals
inspectors, air-defense officials, gendarmes and orphanages. In the words of their Rule, the
and smugglers—all of whom joined in sisters have “no cloister but public streets or hospital
constructing, as Mr. de Graaff describes it, “a rooms, no enclosure but obedience, no grate but the
hodge-podge of intertwining lines” across the fear of God, no veil but that of holy modesty.”
flat countryside. The decentralized nature of From socialite to saint, it was an extraordinary
the Dutch escape lines made them harder to journey for Seton, one gracefully chronicled in
infiltrate but, even so, it’s estimated that for Catherine O’Donnell’s richly textured new
every two Allied pilots saved and returned to biography. “Elizabeth Seton: American Saint” deftly
their bases, one Dutch rescuer lost his or her places Seton in the context of the early Republic.
life. Such was the cost that the Dutch Council The author paints a vivid picture of genteel
of Resistance instructed resisters in 1943 to New York society and upper-class Maryland
PHOTO12/UIG VIA GETTY IMAGES
stop their pilot-rescue activities. To no avail— Catholicism, as well as a newly arrived Catholic
Dutch men and women continued to assist hierarchy largely dominated by French priests
the Allied airmen, whatever the risk. Why? seeking a foothold in America.
Part of the explanation is found, perhaps, Born in 1774 to a socially prominent New York
in a contemporary Frisian ditty: “In the pale, family—her father, Richard Bayley, was a well-
pale moonlight / They bombed Berlin at regarded physician—Elizabeth had a privileged but
night / Filling the Dutch with much delight.” unsettled childhood. As a motherless girl wandering
the woods, she repeatedly experienced the
TRAILING GLORY Soldiers watch an air battle between U.S. and German planes in Belgium, 1944. overwhelming presence of God in nature. At 19,
Under the Shadow of the Swastika she married William Magee Seton, the son of an
By Rab Bennett (1999) sabotage and resistance. The great strength murderer, the priest who refuses him affluent merchant family. The couple lived on
2
of this account derives from Bodson’s absolution and fugitives of all sorts crowd then-fashionable Wall Street and attended Trinity
Rab Bennett explores the Wehrmacht’s visceral memory and grasp of the constant into Ms. Russell’s cast of witnesses. The local Episcopal Church. Four children followed in quick
doctrine of collective responsibility, danger threatening would-be rescuers of credo that, “if you can help, you must help,” succession. In those years, Elizabeth held a
“the moral inferno,” he writes, “into downed Allied airmen in eastern Belgium. clashes with the Gestapo’s ruling that “when cosmopolitan and instrumental view of religion
which all values were hurled.” The Americans, for one thing, were more an old man gives vegetables to partisans, he typical of her social circle while cultivating a self-
Germans, he tells us, treated the entire dangerous guests than their more-disciplined and his garden become military targets.” The imposed stoicism. Then, as the Second Great
population of the countries they occupied British counterparts. They had, Bodson authorities cut civilian rations to 100 grams Awakening took hold, she explored a deeper
as hostages under a policy of “pacification writes, “ravenous, carnivorous appetites” of bread a day. German troops herd nearly religiosity and became devoted
through indiscriminate, random terror.” unsuited to a hungry European world on 300 Italian women and children inside a to the Eucharist.
Their punitive measures were relentless and rations. They walked with a dangerously church and burn it. Stuka aircraft dive-bomb After six idyllic years of
pointed. After a Dutch archbishop protested distinctive slouch, threw away their cigarette mountain farms. And still the local people marriage, misfortune
the deportation of Jews in 1942, the Gestapo butts and were inclined to go sightseeing or will not give up the Jews or the partisans. arrived. Elizabeth’s father-
sent all Dutch-Jewish converts to Catholicism drinking—all of which posed the danger that in-law died, leaving
to Auschwitz. According to German records, neighbors might notice these guests and Elizabeth to care for
more than 2,000 hostages were executed in denounce their hosts to the occupiers. The The Assault William’s six younger half-
the Netherlands, 29,660 in France. In Greece, German police and the traitors who worked By Harry Mulisch (1982) siblings. The family’s busi-
5
91,000 people died as hostages or reprisal for them were so effective at finding and ness faltered during the
victims. Occupation authorities routinely rolling up escape networks that when an On a cold night during Holland’s Quasi War with
blamed resisters for the atrocities that they American refused to fill out a questionnaire Hunger Winter of 1944-45, a resister’s France (1798-1800).
themselves committed. The Germans and designed to prove he wasn’t a German spy, act of rescue collides with another’s Unable to right his
Vichy French honed this policy to ensure that Bodson pulled out his pistol and told him act of violence in this novel of the finances, William SISTER OF CHARITY
responsibility was extended to the family of he could answer or be disposed of. The occupation. The consequences reverberate declared bankruptcy Sculpture of Elizabeth Seton.
any resister caught. Children were tortured rescuers determinedly defied the risks and through the life of the 12-year-old boy whose in late 1800, narrowly
to make their parents talk. The threat of there was no question of the reason. It was, house is burned and family killed along with avoiding debtors’ prison. The following August,
collective family punishment hung over all Bodson declares, for love of freedom and other hostages. Even the good German who Elizabeth was at her father’s bedside as he died from
efforts at resistance, including the nonviolent human solidarity. wrapped the boy up and gave him milk and typhus.
kind. The danger was clear—an effort to chocolate dies. Only the war criminals go Under the stress, William’s consumption
rescue a single person could, and regularly free. The story is drenched in the guilt of reasserted itself—the Setons had a hereditary
did, lead to the murder of many others. A Thread of Grace the resisters, who had intended only to stop predisposition to tuberculosis—just as another baby
By Mary Doria Russell (2005) the brutalities of a vicious collaborator. arrived. In 1803, Elizabeth and William abruptly
4
Decade by decade the aftershocks ravage took ship for the supposedly healthier climate of
Downed Allied Airmen Mary Doria Russell did extensive their lives until the last fact finally falls into Livorno, Italy, where the Setons had connections
and Evasion of Capture fieldwork for this moving novel place, revealing the truth of that night’s with the well-placed Filicchi merchant family.
By Herman Bodson (2005) about the experience of an Italian events. Mulisch—the son of a man jailed William survived the voyage only to die in quaran-
3
community under 20 months of for collaboration—offers no explanation. tine. The Filicchis took Elizabeth under their wing,
Herman Bodson had recently German occupation. Peasants, city folk, “But what does it matter?” the narrator urging their faith on the new widow in the hope
completed his Ph.D. in chemistry Jews, Catholics, partisans, collaborators, asks. “Everything is forgotten in the end.” of advancing Catholicism in America through her
when the German occupation of Gestapo agents, German conscripts, British Except, as this story makes clear, it is conversion. By the time she returned to New York,
Belgium diverted him into a career of intelligence agents, a physician turned mass never forgotten. Elizabeth Seton was Catholic in all but name.
As a Catholic, Seton sought a life with and for God
alone. Ms. O’Donnell persuasively argues from
Seton’s own writings that the standard account over-
states the resistance to her religious choices posed
Finding Beauty
by her family and society at large. Initially, she hoped
to join a cloistered community, but five young
children were an impediment. Rather, she and the
children moved to Baltimore, where she established
a girls’ school associated with the French Sulpician
Almost Everything years, about what makes life ing generalities. This leads her to unbecoming of a writer who once Order at St. Mary’s Seminary. Then, in early 1808,
By Anne Lamott meaningful. This is well-trodden write things like, “Fear, against lamented the way people’s in- one of the Sulpicians suggested that an American
territory for her. Most of her all odds, leads to community, to tuitions and insights are often sisterhood centered on Seton would further Ameri-
Riverhead, 192 pages, $20
books, whether they are medi- bravery and right action, and “drowned out by folk say- can Catholicism. With her children and two other
BY EMILY BOBROW tations on faith and prayer these give us hope.” Also: “Like ings . . . guaranteed to be a cliché, women, Seton moved to Emmitsburg, Md., where
A
(“Help, Thanks, Wow”; “Grace the North African light, our inner stale and self-contained.” she began building her order as well as a girls’
NNE LAMOTT has (Eventually)”; “Plan B”) or about incandescence reveals the hallu- No book of advice is wholly school to support their work. Ironically, given their
a rare talent for art and mechanics of writing (the cinatory and the ordinary, the without merit, and Ms. Lamott mission to the poor, the community unreflectively
making writing delightful “Bird by Bird”), essen- magic and the grim.” certainly hits a few targets. She is depended on enslaved labor for its daily needs.
look easy. As the tially address the hard work of More generally, the writing provocative when she suggests Seton spent the rest of her days in Emmitsburg,
author of seven making sense and finding beauty here is often lazy. At times Ms. that dieting, “as with all forms of regulating her powerful will by the Rule the sisters
novels and 11 books of nonfiction, in an often cruel world. Lamott stretches simple ideas trying to control our beastly in- adopted in 1811. It was this discipline that she viewed
she clearly takes pleasure from This may sound saccharine— across paragraphs stincts, is about the as her greatest sacrifice. Indeed, her greatest trials
her pen. She may grapple with Barnes & Noble places many of padded with ab- fear of death.” She is were internal. She was both Mother to the order
big ideas about writing and par- these books under the category stract language and
enthood, family and addiction, “Christian Living”—but Ms. Lam- few concrete exam-
The intimacy of wise when she notes
that families “are
and mother to her own children. Two of those
children and a number of her closest connections
faith and grace, but her style is ott usually pulls it off by laying ples. (“This is life. Anne Lamott’s hard partly because died of tuberculosis. Living in community with
conversational and disarmingly bare her flaws with self-effacing We are life.”) She prose makes of expectations,” strong personalities presented Seton with challenges.
humble. Given the warmth, liveli- humor. She writes often about allows her affection which are “resent- Throughout, however, she proved herself equal to the
ness and intimacy of her prose, her rages and pettiness, her fam- for metaphors to
many readers ments under con- male clergy who attempted to impose their vision on
time with one of her books can ily resentments and her battles woo her into piling feel the author struction.” And she the Sisters of Charity. As Archbishop John Carroll
feel like a visit with a friend. with her thighs, her “hideous on too many at once is an old friend. is sensible when she wrote in 1808, Seton could not be held to conform
Unfortunately, there are times conceit and low self-esteem.” She and committing the writes that hate is to ordinary expectations; she was, after all, “a Saint.”
when our friends disappoint us. makes it clear that her insights occasional howler. In Sometimes, alas, both “comforting” In 1821, having nursed so many others, Mother Seton
Those unfamiliar with Ms. Lam- are hard-earned. describing a woman old friends can and “malignant.” died of tuberculosis, surrounded by her sisters.
HENRY GROSKINSKY/THE LIFE IMAGES COLLECTION/GETTY IMAGES
ott’s work should probably start Given Ms. Lamott’s preferred afflicted with self- Many of these gems Ms. O’Donnell’s story encompasses a cast of
with something other than her subjects, the threat of cliché is loathing over her
disappoint us. made up a charming characters worthy of a Russian novel; readers may
latest collection of essays, “Al- always close at hand. Although craven desire for her and popular TED be forgiven for wanting a Seton-Bayley family tree
most Everything: Notes on Hope.” her essays of the past decade nasty father’s ap- talk Ms. Lamott de- as well as a separate table of names. For the
As with much of her non- have certainly hovered over proval, Ms. Lamott writes that livered last year, which she seems secularly inclined, the number of extended death-
fiction, this book comes from a trendy self-help territory with this conflict “left a mucky mess to have fleshed out just in time bed scenes—albeit standing in a long religious
noble place. At a time when the their talk of mindfulness and within her, like a cake that for the holidays. But while a well- tradition of edifying deaths—may verge on the
news “has captured the fever “radical self-love,” Ms. Lamott wouldn’t completely bake, no meaning book about hope might morbid. And, to this reader at least, the book does
dream of modern life: everything usually avoids descending into matter how long you left it in the make for an appealing stocking- not do justice to the charm and humor that formed
exploding, burning, being shot, or bromides. With “Almost Every- oven,” but that talking about it stuffer, readers should expect a central element in Mother Seton’s charisma.
crashing to the ground all around thing” she is less careful. Part of “helped her break out of the cake, more from Ms. Lamott. But these are mere cavils weighed against a
us,” Ms. Lamott felt moved to the problem is that these essays like a showgirl.” Carelessly recy- remarkable biography of a remarkable woman.
collect and present to her grand- often take a first-person-plural cled phrases, such as “against all Ms. Bobrow, a former editor at
son and niece the wisdom she perspective, which flattens the odds” and “when life has pulled the Economist, is a journalist Ms. Arkin is a professor at Fordham University
has gathered, over her 60-plus drama of specificity with sweep- the rug out from under me,” are based in New York. School of Law.
THE WALL STREET JOURNAL. * * * * Saturday/Sunday, October 27 - 28, 2018 | C9
BOOKS
‘Keep the flag flying. I’m coming back.’ — G E N . D O U G L A S MAC A RT H U R
B
ATTLES IN World War II’s Pacific
Theater tended to be more savage
than those in Western Europe.
The struggle for Manila was the
cruelest of them all.
Before Pearl Harbor, the Philippines capital
was an old Spanish city with an American-
style makeover. Acquired by the United States
as a spoil of war in 1898, Manila featured
clean neoclassical buildings, designed by U.S.
architects, flanked by frescoed missions and
old colonial forts. The city’s broad streets
boasted top-brand department stores and golf,
polo and social clubs. Fords and Buicks
jockeyed for space with horse-drawn kalesas
on Dewey Boulevard and Taft Avenue. Suffused
with cash and culture, the Asian face of the
American empire lived up to its billing as the
“Pearl of the Orient.”
Then came the invasion. A month after Pearl
US ARMY/FPG/GETTY IMAGES; ON THE COVER: BETTMANN
Issue’
search historian John Schuttler, shows recruiting thousands of women into the Prohibition had degraded it, eroding over Watergate. She resigned from gov-
how Prohibition—its enforcement and, party. In 1923, she was selected as New respect for the law and for the Consti- ernment in 1929, only 40 years old.
later, its repeal—defined women’s first York’s first female representative on tution itself. Sabin worried not only Sabin spearheaded repeal. Frus-
decade of formal political participation. the Republican National Committee. about the moral consequences—that trated by the claim of the Women’s
Liberated Spirits The 18th Amendment in 1919, banning While many men continued to insist hypocrisy was “rapidly becoming our Christian Temperance Union, which had
By Hugh Ambrose the sale of beer, wine and spirits, and that women’s desire for national characteristic”— led Prohibition, to represent all women,
the 19th Amendment in 1920, giving suffrage was just a fad, but also about the effect she founded the Women’s Organization
with John Schuttler
women the vote, went together, twin fleeting as the latest fash- The story of on civil liberties. Enforce- for National Prohibition Reform, grow-
Berkley, 360 pages, $28 reforms ushering in a radical experi- ion, Sabin saw that ment efforts fed govern- ing it into the largest repeal organiza-
BY ELIZABETH WINKLER ment in American society. Ambrose women were “seriously
Prohibition ment spying—the tap- tion in the country, triple the size of the
cleverly recasts that experiment interested” in politics. told through the ping of telephone wires, WCTU. Women, she showed politicians,
I
N AMERICA it might be said, through the lives of two women on They would become, she lives of its chief search without warrant. did not all think and vote alike.
with truth as well as humor, opposite sides of the Prohibition divide: forecast, “a determining The problem was an eco- Hoover lost his 1932 re-election bid
that the birth of political con- Mabel Walker Willebrandt (1889-1963), factor in every election.” female critic nomic one, too. The gov- to Franklin Roosevelt, and on April 7,
sciousness is marked by the the U.S. Assistant Attorney General In Prohibition’s early and its fiercest ernment was hemorrhag- 1933, a brewery truck delivered two
rejection of certain offensive charged with enforcing Prohibition days, Willebrandt and
beverages. The Sons of Liberty signaled who, over eight years and under three Sabin both believed in the
female enforcer. ing money in its attempts
to enforce Prohibition
cases of beer to the White House.
Repeal had won, but one wonders if
their rebellion against King George by presidents, brought down criminal 18th Amendment’s poten- and losing tax revenue things might have turned out differ-
dumping tea into Boston Harbor. A cen- gangs that had seized control of the tial to bring about a more from alcohol sales. Once ently if the sexism of government had
tury and a half later, the suffragettes country’s alcohol supply, and Pauline perfect union. The realities of enforce- the Great Depression hit, that would not hampered Willebrandt from seeing
tried to throw off another oppressor— Sabin (1887-1955), a New York socialite ment, however, drove them to take become untenable. Prohibition through. Ambrose’s story
the American man himself—by banning and Republican political operative who, different views. Willebrandt’s appoint- Sabin resigned from the Republican brings to the fore how much has
alcohol. In the current era of female troubled by the fall-outs of Prohibition, ment was a nod to women’s role in en- National Committee in protest. But changed for women in politics but also,
protest and mobilization, it is easy to organized women in a movement to acting Prohibition, but on arriving at Willebrandt continued to support the more startlingly, how little. “It takes
forget that the thing that first brought bring about its repeal. “Prohibition’s the Justice Department she found that party platform, campaigning so aggres- lots longer for a woman to get to the
American women into politics en success or failure would be measured in her efforts were hamstrung. She had no sively for Herbert Hoover in 1928 that same place so far as good results for
masse, that united and ignited them the public’s consciousness, often, by the control over Prohibition agents or bud- the press declared, “No other woman public office is concerned than it does
as a force with which Washington had success or failure of these two women,” get appropriations. Her superiors ig- has ever had so much influence upon a a man,” Willebrandt wrote. As America
to reckon, was Prohibition. he writes. nored her recommendations and her presidential campaign.” She believed approaches the centenary of women’s
That liquor could be an issue around Willebrandt arrived in Washington subordinates disregarded her orders. Prohibition could succeed if she was suffrage, “Liberated Spirits” offers an
which a political class might form now in 1921 from Los Angeles, where she As she would write in a series of expo- given the proper tools. But though she important, timely look at an era that
seems quaint. But in a time when mari- had served in the public defender’s sés upon leaving office, corruption and helped deliver Hoover the White House, is usually remembered for its speak-
tal rape was not yet criminalized and office, advocating for beaten wives and incompetence in government made the he treated her with no less condescen- easies and flappers, rum runners and
women had little hope of securing fallen women. Separated from her hus- new law impossible to enforce. Agents, sion than his predecessors, passing her alcoholic writers. Behind all of that was
financial independence to leave an band but unable to divorce him, she she remarked to the Saturday Evening over for Attorney General, a position the burgeoning politics of American
alcoholic husband, cutting off men’s dedicated herself to her career. “I am Post, were “as devoid of honesty and she richly deserved. In the nearly 80 women, determined to remake the
supply of booze seemed a sound solu- in my life and profession a man,” she integrity as the bootlegging fraternity.” cases she argued before the Supreme country that had forgotten them.
tion. Prohibition was protection against reflected. With her political appoint- The result was that organized crime Court, she established permissible
domestic abuse, a promise that sons ment, she became the highest-ranking intensified. Gangs bribed police, pros- methods of search and seizure that still Ms. Winkler is a writer for the
would not slide into debauchery and woman in the federal government, ecutors, and judges. Politicians voted hold force today and developed the Journal’s “Heard on the Street.”
BOOKS
‘Fathers should be neither seen nor heard. That is the only proper basis for family life.’ — OS C AR WILD E
G
most point-for-point his son’s own
REAT WHITE literary lic trial for sodomy three decades
fathers are not in The paternal blithe spirit of this
vogue right now. Nei- is John B. Yeats. He was one of t
ther are studies of “the men almost everyone delighted in
anxiety of influence.” cept for his own wife and children
books stitched out of a series of chief problem was that Yeats père
igious lectures have never been a painter who had monumental
bets for scintillating reading culties completing his work—and,
riences. making a living. For the last 20 yea
l of which is to say that “Mad, his life, John B. labored on his own
Dangerous to Know”—Colm portrait. It remained unfinished
n’s little book about the fathers of his death in 1922 because, as he
r Wilde, W.B. Yeats and James with so many of his paintings-in-p
e—should be D.O.A. Forget those ress, John B. neurotically scrape
onceptions, however, because Mr. and reworked the surface. Of that
n’s investigation into the lives and portrait and John B.’s work as a w
ies of what he calls “three prodi- Mr. Tóibín muses: “It was part o
athers” is juicy, wry and compel- restless, paradoxical spirit tha
As the Irish would say, it’s the would spend more than a decade
ry equivalent of “a good craic.” single image so that he could al
r. Tóibín, of course, is celebrated more capture a sense of spontane
is fiction, particularly novels like A bit of a sexual scamp and a
Master,” “Brooklyn” and “Nora lime denier of hard realities, Joh
ter.” This step into book-length seems to have especially galled his
sm was occasioned by his delivery “Willie,” who took after his mot
e Richard Ellman Lectures in Mod- side of the family. As Mr. Tóibí
iterature at Emory University in counts, in 1907 at the age of 68, Jo
Fortunately, the august academic was pretty much washed up as a pa
ns of “Mad, Bad, Dangerous to when he impetuously decided to m
w” don’t cramp Mr. Tóibín’s relaxed from Dublin to New York City. “
person style here. York saved my life,” he wrote in a
he book opens with Mr. Tóibín letter. John B. reveled in walking
g his readers on a ramble through crowded streets of Manhattan, ch
neighborhood around University ing new friends and, of course, pai
ge Dublin that he first got to know in his room in a West Side boar
student in the 1970s. Mr. Tóibín house. Ignoring regular entreati
“There is a peculiar intensity come back home, John B. died i
t some streets in Dublin that gets DUBLINERS Clockwise from left: John Butler Yeats, unfinished self-portrait; Sir William Wilde, by J.H. Maguire sleep at the age of 82, his buoyant
layered the longer you live in the (undated); John Stanislaus Joyce, by Patrick Tuohy (1924). age escape from Ireland and his
nd the more stray memories and appointed adult children complet
iations you build up.” Certainly, to, among others, Oscar Wilde, W.B. poems, novels, essays, and indeed their the floor.” A later entry notes that one “Mad, Bad, Dangerous to Know
ame might be said of any city, but Yeats and Joyce’s very own father in own fragile selves. In their own likeness, of the Joyce sisters had to pawn her an entertaining and revelatory
’s something undeniably intrigu- the guise of Simon Dedalus. Regarding they made the world we walk in.” dress, “as there was no dinner.” No sur- book about the vexed relation
bout the fact that this is the neigh- the old man, Stephen laments: “A As such a pronouncement indicates, prise, then, that, as Mr. Tóibín tells us, between these three pairs of dif
ood where the families of Wilde, father . . . is a necessary evil.” Mr. Tóibín is writing here as a psycho- John Stanislaus was abandoned by his fathers and their difficult sons
and Joyce crossed paths. Hustling In the second half of the 19th cen- analytic literary biographer, somewhat adult children, dying alone in 1931 in his Tóibín’s title, of course, has nothi
rs along, tour guide Tóibín rattles tury, when the real-life fathers of Wilde, in the Janet Malcolm mode. Thus, like Dublin boardinghouse, where a copy of do with fathers and sons, being, ins
e historical intersections: “Yeats’s Yeats and Joyce were walking those its subject, the critical approach of his son James’s play “Exiles” was found a slight variant on Lady Caroline La
dparents and his fa- streets, Mr. Tóibín ob- “Mad, Bad, Dangerous to Know” is also in the sparsely furnished room. famous pronouncement on her l
knew Oscar Wilde’s serves that Dublin was out of fashion these days. But, if a critic At first impression, Oscar Wilde’s Lord Byron. Its application here is
nts and were part of ‘A father,’ wrote “poor, down at heel,” “a is going to rely on Freud, what better father seems to be something of an out- puzzling, but John Stanislaus cert
same small Dublin lier. Sir William Wilde was one of those could be labeled “bad,” and, in lig
d”; Oscar Wilde was
James Joyce, ‘is als, its aura shapeless in place
place of isolated individu- to do it in than a book on fathers
and sons? Mr. Tóibín’s approach yields eminent Victorian spinning tops of pro- his trial, Sir William seems like he
at Number 21 West- a necessary evil,’ some way, a place hidden especially charged assessments of John digiousness: Among other things, he well have been “dangerous to kn
Row in 1854 and a sentiment that from itself, mysterious B. Yeats and John Stanislaus Joyce— was an aural and ophthalmic surgeon, That leaves the “mad” appellatio
nty years later, and melancholy.” If the both of whom were Olympian procras- archeologist, statistician, historian and John B. Maybe, a little. But, as Polo
e’s father] John Oscar Wilde fathers were affected by tinators and scroungers. John Stanis- folklorist. But, in Mr. Tóibín’s view, Sir another deeply flawed-but-like
slaus Joyce moved and W.B. Yeats the “shapeless aura” of laus—the only out-and-out reprehen- William also generated his own strain of father observed: “Though this be
ffices to Number 13 the city, Mr. Tóibín sug- sible father in this patriarchal trinity— psychic “chaos” that accounts, in part, ness, yet there is method in’t.” Mu
land Row.” Yeats’s
would surely gests that the sons were was also a violent drunk. After he lost for why his son Oscar had a predilection his more temperamentally more
r, John B. Yeats, second. informed by a desire for his job as a tax collector at the age for posing as “a fully fledged orphan.” mal” son’s exasperation, John B. k
the young James precision and high pro- of 44, John Stanislaus became increas- Ironically, Wilde’s attempts to separate how to use his touch of creative
on the street. Joyce ductivity; in short, by a ingly lackadaisical about supporting from his prominent paterfamilias may ness to paint—and repaint—his wa
d him ‘very loquacious.’ ” Years desire not to be their fathers. Mr. Tóibín his nine children. A 1905 entry in a have been the most dramatically disas- of a dead end to happiness.
that casual encounter, Joyce makes this elegant diagnosis: “They cre- diary kept by Joyce’s younger brother, trous. Mr. Tóibín offers a deft close
d stage a neighborhood reunion, of ated chaos, all three of these fathers, Charlie, observes: “Pappie home to reading here of the 1864 rape trial in Ms. Corrigan, the book critic for
, in “Ulysses,” where his fictional while their sons made work. The sons dinner very drunk: shouting, swearing which Sir William was the celebrated NPR’s “Fresh Air,” teaches litera
ego, Stephen Dedalus, gives a nod became expert finishers—of plays, etc. Pappie has thrown his dinner about defendant; it was a public sensation at at Georgetown University.
rooned: Jamestown,
THE BRITISH LIBRARY BOARD; ON THE COVER: H. ARMSTRONG ROBERTS/CLASSICSTOCKGETTY IMAGES
I
N 1619 Jamestown was on the
verge of becoming the latest
failed English endeavor in
North America. Sir Edwin
Sandys and the Virginia Co.
radical action to save their colony.
redesigned Jamestown using the
ng-edge political philosophy of
monwealth theory, as put forward
ndys and Sir Francis Bacon. Gone
he governor, with absolute power
terpret the law and punish those
disobeyed. Now men with prop-
would be represented in a General
mbly, and poorer colonists would
unprecedented opportunities to
re property, and thus political RIVER RUN Robarte Tindall’s chart of the entrance of Chesapeake Bay, created in Jamestown in 1608, one of the earliest depictions of the James (top) a
s. Indians who wanted to become York rivers. This slightly disorienting document (drawn with west at right) is just one of several fascinating and rare examples included in Susan Schulten’s
tian subjects of the English crown ‘A History of America in 100 Maps’ (Chicago, 272 pages, $35). Any one may make readers rethink what they know about how the nation came t
d be welcomed, and slavery would
necessary. Encouraging Christian them died from starvation and illness in “Marooned: Jamestown, Shipwreck, Maybe writing an erudite book cluding the great New York Unive
lity and relative equality would the winter of 1622-23. As for the rela- and a New History of America’s Origin” should be enough for an author, but historian Karen Ordahl Kupperma
nce the common good of the peo- tive equality Sandys envisioned? By provides a quite different reading expe- Messrs. Kelly and Horn strive for Yet Mr. Kelly goes on for s
nd the company. 1625, perhaps as many as 70% of adults rience. Mr. Kelly, a literature professor greater significance. As their subtitles pages in his introduction (and
mes Horn’s “1619: Jamestown and in Virginia were servants or slaves. at the College of Charleston, takes as imply, they feel the need to justify yet in his final chapter) about why
orging of American Democracy” Most American historians recognize his subject Jamestown’s common men, another book on Jamestown. Both shouldn’t focus on New England, u
the story of this momentous year, 1619 less for the Virginia Company’s arguing that they were metaphorically authors suggest Americans should re- as his examples a 1988 Charlie B
colonial founders tried to put into political and economic reforms than for (and sometimes literally) shipwrecked place Plymouth Rock with Jamestown television show and old edition
the kind of rational, civil society the “20 and odd” West Africans sold in other men’s dreams, forced to forge as our founding national story. college literature textbooks. It’s
icans today might see as our own from a ship that landed at their own path toward But I wonder who, outside of New that early American literature cla
as we live through yet another Jamestown that year, the America’s future. The au- England, still sees Plymouth as the have retained New England’s prim
ous era in American history. If first of many thousands Jamestown’s thor meanders through foundation of the United States. History for longer than history classes, d
ne today knows colonial Virginia, of Africans and people of topics only loosely con- textbooks today mention Jamestown as their focus on written texts. Bu
James Horn. For more than a African descent to be
early leaders nected to Jamestown. A well as St. Augustine and Santa Fe latest edition of one of the textb
de, he led the research and his- enslaved in Virginia. His- promoted section on four centuries alongside New England. My own kids, Mr. Kelly mentions includes read
al preservation efforts at Colonial torians have long ana- tolerance and of runaway slave com- learning history in North Carolina pub- not only from colonial New Englan
amsburg. Now president of the lyzed the tension between munities rambles far lic schools would point to Roanoke or also from Jamestown and Roan
stown Rediscovery Foundation, Jamestown’s political and equality. Should from 17th-century Vir- the American Revolution if asked about There are also passages from Spa
ersees some of the most exciting economic opportunities it replace ginia even before veering America’s founding. And I suspect few explorers, the Iroquois Constitution
eological work in North America:
e 1990s, Jamestown Rediscovery
for poor white men and
enslavement of black
Plymouth Rock abruptly into the theology
of Paul Tillich and Martin
students in San Diego and St. Louis
would choose Plymouth.
a Diné (Navajo) creation story.
Why pick one founding story o
rthed Jamestown’s fort, long men and women, most among our Luther King Jr.’s “Letter Joseph Kelly and Jim Horn are the complex and fascinating past o
med to have been submerged by famously in historian founding stories? from Birmingham Jail.” beating a horse that died in the previ- huge country? New York, New Or
ames River, and its archaeologists Edmund S. Morgan’s Although the common ous century. Starting in the 1960s, Jack and Detroit, all fascinating multir
nue to make astounding finds. “American Slavery, Amer- men of Jamestown are P. Greene incorporated Virginia and the communities from the beginning, c
he 1619 reforms created a repre- ican Freedom” (1975). the protagonists, “Ma- Carolinas into colonial political history, work at least as well as Jamestow
tive government and, just as im- Morgan’s generation presented free- rooned” is mostly a comprehensive and historians of Pennsylvania pointed Plymouth. O’odham Indians’ cre
nt, established private property, dom and slavery as the paradox of chronological history of Jamestown’s to its political participation, vibrant story starts their history with the
ing a personal incentive for set- American history, but Mr. Horn per- early years with historical and literary economy, diverse immigration and century destruction of the ancient
to support the colony. As Mr. Horn suasively argues that white Virginians asides along the way. Because Chapter religious tolerance as evidence that it of Hohokam, whose ruins still dot
ins, “private property, just laws, saw no paradox in slavery, approved of Five is entitled “Maroons,” I thought it better represented the United States to ropolitan Phoenix.
good government were all of a by the Bible and already entrenched in would focus on Jamestown’s runaways, come. Starting in the 1970s, Peter H. But of course our founding myth
.” The colony would support itself the American colonies. (By 1619, Portu- but it spends nearly all of its pages on Wood and Richard S. Dunn drew histo- describe the people we want to be
a mix of crops, industries, trade guese and Spanish slave ships had Francis Drake and Roanoke colony, an rians’ eyes to South Carolina and the maybe the Virginia Co.’s plan for a
public works projects. forced some half a million Africans episode that occurred before James- English West Indies as forerunners of public life with responsible leaders
hings did not go as Sandys across the Atlantic.) As early as 1621, town’s founding. A chapter on tempests the U.S. slave economy. For the past economic opportunities for ever
ned. Instead, Jamestown fought the governor of Bermuda wrote, includes not only Shakespeare but also two decades, historians of colonial is a good history to revive after a
ody war against the Powhatan “These slaves are the most proper and St. Paul and the Titanic, and most of North America pushed past the English
ns, who had certainly not agreed cheap instruments for this plantation the rip-roaring chapter on mutinies colonies to include Spanish Florida, Ms. DuVal, a professor at the
rrender their lands and become that can be.” “Few in Virginia,” writes takes place in Bermuda, where passen- French Louisiana and the vast conti- University of North Carolina at
sh subjects. Rather than create a Mr. Horn, “would have disagreed.” gers to Virginia were shipwrecked. nent that remained Indian country into Chapel Hill, is the author of
sified economy, settlers doubled At twice the length of Mr. Horn’s “Marooned” is a fun book, but you the 19th century. And many historians “Independence Lost: Lives on the
n on tobacco. At least 1,000 of book and ending in 1611, Joseph Kelly’s might want to find a comfortable chair. continue to focus on Jamestown, in- Edge of the American Revolution
nfiction E-Books Nonfiction Combined Fiction E-Books Fiction Combined Hardcover Business
E THIS LAST TITLE THIS LAST TITLE THIS LAST TITLE THIS LAST TITLE THIS LAS
OR / PUBLISHER WEEK WEEK AUTHOR / PUBLISHER WEEK WEEK AUTHOR / PUBLISHER WEEK WEEK AUTHOR / PUBLISHER WEEK WEEK AUTHOR / PUBLISHER WEEK WEE
cated 1 5 Ship of Fools 1 3 Every Breath 1 New Every Breath 1 New Dare to Lead 1 1
Westover/Random House Publishing Group Tucker Carlson/Free Press Nicholas Sparks/Grand Central Nicholas Sparks/Grand Central Brené Brown/Random House
Dubrow Diet 2 New Killing the SS 2 2 Desperate Measures 2 New Wonky Donkey 2 3 Atomic Habits 2 New
ther and Terry Dubrow/Ghost Mountain Books Bill O’Reilly and Martin Dugard/Henry Holt Stuart Woods/G.P. Putnam’s Sons Craig Smith/Scholastic Paperbacks James Clear/Avery Publishing
mic Habits 3 New Girl, Wash Your Face 3 4 Holy Ghost 3 1 Holy Ghost 3 1 Strengthsfinder 2.0 3 2
es Clear/Avery Rachel Hollis/Thomas Nelson John Sandford/G.P. Putnam’s Sons John Sandford/G.P. Putnam’s Sons Tom Rath/Gallup Press
Wash Your Face 4 6 Shade 4 New Dear Jane 4 New Unsheltered 4 New Extreme Ownership 4 5
hel Hollis/Thomas Nelson Pete Souza/Little Brown Kendall Ryan/Kendall Ryan Barbara Kingsolver/Harper Jocko Willink and Leif Babin/St. Martin’s
f Answers to the Big Questions 5 New Gmorning, Gnight! 5 New Unsheltered 5 New Ambush 5 2 Emotional Intelligence 2.0 5 4
hen Hawking/Bantam Lin-Manuel Miranda/Random House Barbara Kingsolver/Harper James Patterson and James O. Born/Little Brown Travis Bradberry/Talentsmart
ng the SS 6 1 Dare to Lead 6 1 Where the Crawdads Sing 6 8 Dog Man: Lord of the Fleas 6 8 Dark Horse 6 New
O’Reilly and Martin Dugard/Henry Holt Brené Brown/Random House Delia Owens/Penguin Publishing Dav Pilkey/Graphix Todd Rose and Ogi Ogas/HarperOne
of Fools 7 3 This Will Only Hurt a Little 7 New The Story of Arthur Truluv 7 -- Desperate Measures 7 New Life After Google 7 --
er Carlson/Free Press Busy Philipps/Touchstone Elizabeth Berg/Random House Stuart Woods/G.P. Putnam’s Sons George Gilder/Gateway Editions
Will Only Hurt a Little 8 New Brief Answers to the Big Questions 8 New The Christmas Scorpion 8 5 Room on the Broom 8 9 The Dichotomy of Leadership 8 6
y Philipps/Touchstone Stephen Hawking/Bantam Lee Child/Random House Julia Donaldson/Puffin Books Jocko Willink and Leif Babin/St. Martin’s
Is the Enemy 9 -- Fear: Trump in the White House 9 7 Ensnared 9 New The Next Person You Meet... 9 5 Capitalism in America: A History 9 New
n Holiday/Portfolio Bob Woodward/Simon & Schuster J.S. Scott/Montlake Romance Mitch Albom/Harper Alan Greenspan and Adrian Wooldridge/Penguin Pre
Books That Changed My Life 10 -- Racing to the Finish: My Story 10 New The Consuming Fire 10 New A Spark of Light 10 7 Scale or Fail 10 New
anne Patrick/Regan Arts Dale Earnhardt Jr. with Ryan McGee/Thomas Nelson John Scalzi/Tor Books Jodi Picoult /Ballantine Books Allison Maslan/Wiley
THE WALL STREET JOURNAL. * * * * Saturday/Sunday, October 27 - 28, 2018 | C13
PLAY
NEWS QUIZ DANIEL AKST From this week’s
Wall Street Journal
WSJ BRAIN GAMES Provided by Serhiy and Peter Grabarchuk
(grabarchukpuzzles.com)
A. Whether there’s a God C. Fusion Wouldn’t life be more interesting that way? ...Think S H E R P A A N D S O S C E N E I
S E N I ORC L A S S K A Y D I V ORC E S
B. The federal tax exemp- D. Mustang of all the people you’d meet if they were in cos- T R E V I R E P E A L S N O O N S
tion for clergy housing tume.... People would be so much easier to talk to— S I T N E A R D R A
E L M D I M
C O
E A S
S A T U R N
E E R O S
C. School closings for reli- like talking to dogs.” T L C V I S I T ORC E N T E R S T N
O H I O I S I S L E T A I M
gious holidays A. Dungeons; B. Owl monkey; C. Uraeus; D. Ghoulies; P A Q U I N S M E A R E T N A H I T
D. The refusal of some E. Lie in wait; F. Aramaic; G. Skeleton; H. Clown suit; I N U S A
E X ORC I S T
A N D O
R Y E
R R A
A N C
J O Y C E
H ORC H A I R
sects to appoint female clergy I. Offbeat; J. Up to speed; K. Pitchfork; L. Lost out; A N K A R A R A D I I E A S T E R
F I B S S A G A G E N E R A T R Y
M. Almond Joy; N. Nightmare; O. Dewy-eyed; P. Tie I D I P E T E R P A N O L A F
the knot; Q. Hellhole; R. Egg white; S. Graveyard; F A N F A R E D I S T R I B U T ORC A P S
T H E A T E R O N S E T S P R E S T O
Answers are listed below the T. Untitled; U. Money belt; V. Test tube; W. Huara- H O T B E D S R A I D E R A S L A N
Answers to News Quiz: 1.D, 2.B, 3.A, 4.B, 5.C, 6.D, 7.D, 8.B
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 47 Citi Field 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
predecessor
19 20 21 22
48 Alternatively, 1
23 24 25 26 online
27 28 29 49 Orchestra 2
alternative
30 31 32
50 Southern cooking 3
guru Paula
33 34 35 36 37 38 39 40
4
52 Improve
41 42 43 44 45
53 Terminates 5
46 47 48 49 50 51 52 53
55 Churches in 6
54 55 56 57 Westeros
58 59 60
57 Sign at an 7
information desk
61 62 63 64 65 66 67 68 69 70 61 Bear in the night 8
sky
71 72 73 74 75 9
62 Rooting section?
76 77 78 79 80 81 82 83
63 Bedtime for 10
84 85 86 87 Dracula?
65 Contaminated
11
88 89 90 91
92 93 94 95 96 97 98 99
66 “Sicario” 12
character
100 101 102 103 104 67 Response from 13
an accident
105 106 107 108 109 110 111
survivor 14
112 113 114 68 Campbell of 15
115 116 117 118
“Scream”
69 Till fill Live Show | by Patrick Berry
119 120 121 122
72 Ollie’s Each Row and Column of this grid 8 Maker of Asteroids 4 Provider of Eve’s leaves
“A-Haunting We
Biting Humor | by Randolph Ross Will Go” partner contains a series of answers placed Talk nonsense Charlatans
end to end, clued in order of Burma’s not-fully-recognized Walter who played Mr. Chekov
75 “The Devil in
Across 47 Threatening 92 “Winsanity” 3 Uses scare
Miss Jones,” e.g.
appearance. One square in each new name 5 Girder makeup
1 Pilgrimage adversary for airer tactics on Row is presenting a live 3-D 9 Org. of Vikings and Raiders
Dracula? 78 Praise
Works in the cutting room
destination 94 Explosive 4 Cargo ship load show—that is, the square will Throw to the winds Take a ___ (try something risky)
6 Butcher’s stock 51 U.S. Open tennis experiments 5 Friendly 79 Having a shot to contain a three-letter word instead Inventor credited with saving the 6 Excessive
stadium honoree 98 Why Dracula’s win of a single letter. The crossing
10 Bit of 6 Bolan of T. Rex lives of Titanic passengers Didn’t throw away
54 Israeli desert city would-be pickup 80 Pituitary Column answer will only use one of
choreography 7 Deco designer 10 Stole Current unit
56 Siouan speakers rejected him? hormone the three letters; circle the one that
14 Native Israeli 8 Essen Worth noting 7 Calligrapher’s tip
57 Torcher’s doing 100 Painting class 81 “Do what I say!” gets used. When the grid is Recorded (2 wds.)
19 Hardly friendly equipment exclamation Sandpaper coating
58 Spot 82 Tide variety complete, the circled letters
20 Name on 9 In direct 11 Psychological outlook (3 wds.) No longer on duty
102 Monopoly 83 Prado display (reading from left to right) will
California 59 You might take confrontation “The Divine Comedy” divisions 8 Body part affected by tympanitis
pieces reveal the show you’re watching.
gas stations his word for it 10 Joint filer 85 Match parts 12 Raise the roof Cotton of the clergy
104 Escape
21 Remove the 60 Forgo frugality 11 Dull browns 86 Little illuminators House sitter’s charge Have in mind
105 Force Fighter in a war
skin of 61 School whose 89 Meets with, as 9 Hershey offering similar to a
106 Woman of the 12 Explorer
22 Where “Three home games Shackleton hard times 13 Driver of the Skycycle X-2 Heath bar
Sunflowers in are played in the House
91 No-___ (obvious
Rows (2 wds.) Defrauded
L.A. Coliseum 107 World’s most 13 Sneaky fellow
a Vase” was solution) 1 Removes TV doc Howser Musical symbol whose name
painted 64 Dracula, when populous 14 Pomona College Nullifies, as a keyboard error 14 Like some coincidences
92 Shogun means “key”
he’ s annoying? landlocked player
23 Dracula’s quilt entertainer “See Me, Feel Me” band (2 wds.) Zellweger of “Chicago” 10 Lies in the sun
country 15 Kitchen draw
fill? 70 Guitar pioneer 2 Language that gives us “anorak” Fasteners removed when Like Barack Obama Sr.
112 Litigious bunch 93 Colt with arms
26 Merchandise Paul 16 Dracula’s boat? “My Big Fat Greek Wedding” changing a tire (2 wds.)
95 Aussie gal Ancient manuscript
71 Cave ceiling, 113 Lived a 17 Rooibos beverage star Vardalos 15 Tedious experience
27 Way to go purposeful life, 96 Ratted out 11 ___ suit (protective garment)
for vampires Boat with a double-bladed Comedian John Sanford’s stage
28 Extra locks like Dracula? 18 Grade Magna ___
73 “American 97 More than paddle name (2 wds.)
29 Engage in 115 Sunny starter 24 At a time in the buzzed Shed feathers
Buffalo” Hammer part Golf course obstacles
histrionics past 12 Heaviest of the fencing swords
playwright 116 Soothing stuff 99 Related to K-12
30 “Dark Shadows” 25 NYSE listings 3 Blackened a bit Columns One raised on a farm
74 Doc bloc 117 Take in 101 Creepy
airer 31 Andy Kaufman’s Medal alloy 1 Gloria Gaynor’s music genre Outline
76 Makes finer 118 Kindergarten 103 “___ Beso” Cafeteria stack
31 Starter’s stat “Taxi” role Meager 13 Like freshly-applied paint
77 Show song refrain 106 iPhone 4 Corporate vessel? (2 wds.)
32 Ghosts, literarily 32 Bellatrix, Regulus Turned loose Boxer’s garment
conclusively 119 “Midnight in forerunners Post-wedding title
or Sirius 2 Bagel choice “Romeo and Juliet” surname
33 Dracula as an 78 Korean minivan Paris” director 107 Bram Stoker’s Thanks to Pierre
overindulged 33 Posturing person Place to surf 14 Nearly impossible, as a task
84 Letter before 120 Work on wood homeland 5 Small bill Until hell freezes over “Rock Me ___” (Billy Squier song)
child? 34 Corn concoction
Bravo 121 Get rid of 108 Work at a bar Hart feature
38 What’s left 35 Slimy stuff 3 Enjoyable 15 How building inspections are
85 Sweet drink for 122 Kidney enzyme 109 Hammer head Inquire after (2 wds.) Cause of goose bumps conducted (Hyph.)
40 Mil. hospitals Dracula? 36 October 31, e.g. half 6 Plumber’s device
41 Who lives
Down Lotion ingredient (2 wds.) She knows her rites
87 Cab competitor 37 Let the cat out 110 Old sundial Informal dining place (2 wds.)
forever 1 “No More of the bag
88 Draw conclusions number Get the solutions to this week’s Journal Weekend Puzzles in next
s
REVIEW
show “The Love Boat.”
ICONS “What’s key with War-
Warhol
hol is he always responds
to things in the culture,”
Ms. De Salvo said. During
the 1980s, his images of
Takes
Soviet missile silos docu-
mented Cold War-era con-
cerns. Mortality was a pe-
rennial preoccupation,
New
echoed in images of skulls,
suicides and electric chairs.
The subject took on greater
York,
urgency amid the AIDS epi-
demic, which claimed the
life of one of Warhol’s boy-
friends.
Again
A gallery of works from
the ’70s and ’80s includes
collaborations with rising
young artists such as Jean-
Michel Basquiat and Keith
Haring. An untitled Haring
and Warhol painting in
acrylic and silk-screen ink
At the Whitney, a show from 1985 resembles a New
gathers more than 350 York City tabloid, with one
works by the Pop master of Haring’s outlined figures
alongside an image of Ma-
BY BRENDA CRONIN donna. Ms. De Salvo, who
‘E
met Warhol in the mid-80s,
mpire,” a movie that Andy recalled that the artist was
Warhol and the experimen- energized by the new gen-
tal filmmaker Jonas Mekas eration. But he also felt
shot in 1964, isn’t for the competitive pressure. In an
drowsy. The silent black- entry from late 1980 in
and-white film can run for eight hours and “The Andy Warhol Diaries,”
five minutes, and consists of a stationary published posthumously in
image of night falling around the Empire 1989, the artist frets about
State Building. “Empire” is part of “Andy hobnobbing instead of cre-
Warhol—From A to B and Back Again,” an ating. Warhol, who had
exhibition that opens Nov. 12 at the Whit- just returned to New York
ney Museum of American Art in New York. from a trip to Paris, mused:
Featuring paintings, drawings, photo- “I got so nervous thinking
graphs, movies and more, the show spans about all these new kids
Warhol’s evolution from commercial illus- painting away and me just
trator in New York in the early 1950s to going to parties, I figure I’d
global celebrity in the 1980s. better get cracking.”
The retrospective, which takes its name The Warhol movies in
from the subtitle of the artist’s 1975 book the exhibit were selected
“The Philosophy of Andy Warhol,” pro- by Claire K. Henry, the
ceeds largely chronologically through his Whitney’s assistant cura-
40-year career. It is bookended by two tor of the Andy Warhol
mammoth works featuring a camouflage Film Project. More than 10
pattern—an apt motif for an artist who short films, including
cultivated a facade of blank neutrality, glimpses of the artist and
parrying probing questions about his art friends, can be seen in
and inspiration with gnomic sound bites. 16mm in the exhibition.
THE ANDY WARHOL FOUNDATION FOR THE VISUAL ARTS, INC./ ARTISTS RIGHTS SOCIETY (ARS), N.Y.
Early in the exhibit, visitors are con- Longer movies, including
fronted by “Camouflage,” a 1986 acrylic “Empire,” will be screened
and silk-screen ink painting that is 35 feet in the Whitney’s theater in
long and more than 9 feet high. The a series that continues
show’s final gallery has another vast painting from the same year, Andy Warhol, mid-1950s, including “Golden Shoe (Elvis Presley)” into 2019.
“Camouflage Last Supper,” in which Warhol conflates a photograph “Green Coca- reveal his extraordinary gifts as a draftsman. “Andy was very open to ideas,” said Mr. Mekas,
of Leonardo da Vinci’s masterpiece with a green-and-brown motif. Cola Bottles,” The Whitney show traces Warhol’s shifting per- who is now 95 years old. He recalls more serendip-
Born in 1928, Warhol prefigured the digital age by shaping a per- 1962 sona from Madison Avenue journeyman to the im- ity than strategy in shooting “Empire.” While
sonal brand and using technology such as photostat machines, cameras presario of the Factory, an unorthodox studio, walking in Midtown Manhattan one day, Mr. Mekas
and tape recorders to experiment and create. According to Donna De soundstage and party venue, where he put his as- caught a glimpse of the Empire State Building. “It
Salvo, deputy director for international initiatives and senior curator sembly-line ethos to work, churning out silk-screen was like a star of Bethlehem” he says, “a perfect,
at the Whitney, Warhol’s genius lay in linking the worlds of advertising prints and portraits amid a stream of celebrities iconic image for Andy Warhol.” He proposed film-
and fine art. The exhibition includes works from the 1960s and ’70s and gawkers. He hopscotched from one medium to ing it, and Warhol deputized him to secure a cam-
that are among Warhol’s best known: his Brillo Boxes and his portraits the next, dipping into film in the 1960s and turn- era and enough film for at least six hours. With a
of Marilyn Monroe, Elizabeth Taylor and Mao. ing some of his acolytes into “Superstars” in his handful of friends and pastrami sandwiches, they
Warhol’s observation about the paintings of Ad Reinhardt—“They screen tests and movies. headed to a room in an office tower about 20
all look the same, but they’re all complicated underneath”—is also a In 1965, Warhol flummoxed television host Merv blocks north of the Empire State Building. Mr. Me-
fitting assessment of his own work, Ms. De Salvo said. Images that ini- Griffin by appearing on his talk show and not talk- kas set up the shot—one unblinking view of the
tially appear identical actually have subtle distinctions, such as the 32 ing. Instead, he nodded or shook his head or whis- skyscraper—and Warhol approved the framing. Ev-
containers in his “Campbell Soup Cans” or the dozens of bottles and pered answers to Factory darling Edie Sedgwick, ery half-hour, Mr. Mekas loaded another 30-minute
stamps in “Green Coca-Cola Bottles” and “S&H Green Stamps.” “I think seated beside him. Two years before he died—in roll of film. Sometime before dawn, Warhol called
that Warhol’s a very nuanced artist,” Ms. De Salvo said. Early draw- 1987, at age 58, from complications after surgery— it quits. “I think maybe he got bored,” Mr. Mekas
ings, such as a series of shoes in collaged gold leaf and ink from the he played himself on an episode of the television said. “Or maybe I just ran out of film.”
Gothic
looked better in two centuries. wrote. He was highly serious,
But the theatrical rooms are except for when he was not.
empty stages. In 1842, Walpole’s He titled the first history of
Fantasy
cash-strapped heirs auctioned his English art “Anecdotes of
collections on the lawn at Straw- Painting in England,” as if it
berry Hill. The only unsold item were a collection of after-
was a Jacobean chair, the seat of dinner stories. His only play,
the catalog seller. “The Mysterious Mother,”
BY DOMINIC GREEN For a few months, visitors can was a five-hour marathon of
now have a fuller sense of the double incest. It is rarely
IN 1747, the connoisseur and art historian original Strawberry Hill experi- performed.
Horace Walpole (1717-1797), seeking a summer ence. “Lost Treasures of Straw- An able tracer of prove-
villa in the country beyond southwest London, berry Hill,” which just opened and nance, Walpole delighted in
bought a lodging house in the village of continues through Feb. 24, 2019, spoofing the past. “This was
Twickenham called Chopp’d Straw Hall. Re- reunites more than 150 of Wal- a present from Henry 8th to
built between 1750 and 1773 as a “little Gothic pole’s paintings, sculptures and Anne Boleyn,” he wrote of a
castle” he named Strawberry Hill House, and curiosities in their original set- golden clock (c. 1530), now
packed with books, prints, coins, curios and tings for the first time in 176 restored to the Library, “and
masterpieces of portraiture like Joshua Reyn- years. Over 30 items come from since, from the lady Eliza-
olds’s “The Ladies Waldegrave,” the house be- the Lewis Walpole Library at Yale beth Germaine to Mr. Wal-
came the social, aesthetic and architectural University. “Lewis Walpole” is not Horace Walpole Dyck, Allan Ramsay and Peter Lely, pole.” The fireplace in the Round Room, he
cornerstone of the 18th-century Gothic Re- a person, but the amalgamated built himself a and the curators, Michael Snodin said, was after the tomb of Edward the Confes-
vival. Strawberry Hill inspired the first Gothic surnames of Walpole and Wil- ‘little Gothic and Silvia Davoli of Strawberry Hill. sor in Westminster Abbey, only “improved” by
novel, Walpole’s “The Castle of Otranto” marth “Lefty” Lewis (1895-1979), castle’ in the All the uncanny eccentricities are Robert Adam in 1771. Receiving a group of
(1764), and pioneered the Romantic medieval- the American authority on Wal- country and here. “The Ladies Waldegrave” French guests, Walpole donned a carved lime-
ism that was to define Britain’s Victorian pub- pole who edited Walpole’s letters, filled it with his (1780-81), presiding once again over wood cravat (c. 1690) by Grinling Gibbons and
lic architecture throughout the Empire, from forgetfully signed checks in Wal- elegant the dining room, for which it was a pair of gloves allegedly owned by James I.
Augustus Pugin and Charles Barry’s Palace of pole’s name instead of his own, treasures. commissioned. The bed in which “I almost begin to be ashamed of my own
Westminster to F.W. Stevens’s Victoria Termi- and acquired items from elderly Walpole slept, in which his father magnificence,” Walpole joked, after completing
nus in Bombay. Walpole descendants with a skill had died. The study where Walpole the astounding Long Gallery, with its dripping
An autobiography in plaster, paint and phys- that one of them, ex-Conservative minister wrote his letters beneath Hogarth’s memento white papier-mâché ceiling, mirrored recesses
ical objects, Strawberry Hill was a counter- William Waldegrave, describes in his autobi- of a triple murderer, “Sarah Malcolm” (1733). and, once again, the rare portrait—“Catherine
point to the 4,000 letters that made Walpole ography as “not far short of that of a bandit.” The dark green “Star Chamber,” with the Ital- de’ Medici and Her Children” (1561) by the stu-
one of the sharpest correspondents of an epis- Walpole called Strawberry Hill “the castle (I ian Mannerist head depicting, Walpole be- dio of François Clouet. Few Georgian evenings
tolary age. This scholar’s retreat was also a am building) of my ancestors”––a flight of his- lieved, the death agony of Henry VII. The par- can have been more pleasurable than a candlelit
public showcase. Its light-shifting, mood-alter- torical imagination, and a flight into it. He adoxical taste for contemporary wallpaper, tour of Walpole’s cabinets and closets. Now that
ing sequence of rooms, and their engagingly commissioned landscapes of the surrounding French furnishings, and what Walpole called some of their contents have come home, we
eccentric contents, made Walpole’s house so country, as if the house had always been there, “modern refinements in luxury.” These paint- know their creator a little better. He had seri-
KILIAN O’SULLIVAN
popular that he wrote a guidebook and admit- but mostly he collected portraits, an invented ings and curios are a ghostly reflection of ous taste, and a serious sense of humor.
ted ticketed visitors, four at a time. company of adopted and invented ancestors Walpole’s refined and ambiguous personality,
The house was restored to Gothic splendor and companions. Now, the old familial faces are and their effect is akin to those artful beams Mr. Green is the Life & Arts editor of Specta-
in 2010, crenelated battlements and all. The back, by the hands of Reynolds, Anthony van of sunlight that fall into his shadowed rooms. tor USA.
OFF DUTY
Frank Lloyd The Blade
Wrong? Wars
5 scathing 1959 7 dubious
reviews of the advances in the
Guggenheim’s quest for a better
design D10 razor D12
FASHION | FOOD | DESIGN | TRAVEL | GEAR THE WALL STREET JOURNAL. * * * * Saturday/Sunday, October 27 - 28, 2018 | D1
The
Lists
Issue
101
1
19
Ways to Live,
7
Work, Eat, Think,
Exercise, Goof Off
And Even Sleep
More Ambitiously
13
2 Write a love
letter. By hand.
Use both sides.
ally productive. And
their least chatty.
16 3 Train a spider
monkey to sit on
15 Ask your
spouse to
please address you
your shoulder and as a divan potato.
give you a tiny high-
2 five every time you
say something clever. 16 Accept the
eternal truth
that happiness is a
5
down, literally melt
down. It’s very im-
pressive.
17 Play “Words
With Friends
in High Places.” Do
not waste time play-
5 Compress your
workout and
post-workout rou-
ing “Words in Places
With High Friends.”
12
tines into one: Do
cardio in the shower. 18 Dress like a bil-
lionaire: jeans,
sneakers, T-shirt.
6 Tennis great
Billie Jean King
likes to say that 19 Build a house
with a widow’s
“pressure is a privi- walk…for your cat.
lege.” So whenever
you can, thank your
clients for all that
privilege they subject
20 Hunt your
Thanksgiving
centerpiece yourself,
you to. with a crossbow.
3
7 Make Champagne
Popsicles. 21 Just for today,
carry around a
small, Bluetooth
9 Expand your
daughter’s grasp
“I’m A Little Teapot.”
of the real-estate
market by buying
her the Barbie Night-
22 Eat a floret
of raw cauli-
flower so that you
mareHouse. can truly appreciate
8 how much better it is
10 Rake your
leaves into
color categories.
when roasted. Make
roasting cauliflower
a signature move.
10
11 Write the
Greater Ameri-
can Novel and win
23 Ambition
mixed with
humility is an unbeat-
the Pulitzest Prize. able combo. Strive to
become the humblest
12
4 Eat an person in the entire
ambitious freaking universe.
amount of Domino’s
Pizza, then stand the
23 empty boxes up-
right in a row to
24 Watch 10
hours of K-
Beauty how-to videos
demonstrate the on YouTube and mas-
domino effect. ter an outlandish Ko-
STEVE SCOTT
13 Find a lucky
4.5-leaf clover.
Aim for the Holy
Grail: “glass skin.”
Continued on page D2
Inside
WHAT FRESH SHELL IS THIS? CHANEL CHANGING VACATION PROGNOSTICATIONS PIED-À-TERRES FOR PETS
7 surprising egg dishes from all 8 riffs on Coco’s classic jacket by The top 10 buzziest destinations you’ll 5 architectural ways to house our
around the world D8 brands from Gucci to Zara D4 want to fly to in 2019 D5 loyal companions D10
D2 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
The Checklist 39
Of Champions
Continued from page D1
27 Go beyond two-dimensional
lawn signs this midterm
election season and install political
lawn statues instead.
your new favorite. Oh well, you tried. Rosa Parks said, “To diminish fear,
make up your mind.” So do. 101 On Nov. 4, set your clocks
23 hours ahead. You don’t
Buy in Supreme
Investing
Bulk
4 arguments for
(and against)
THINK stocking up on
THICK the cult brand’s
Samples of wares
heavier corduroy
and wool
Supreme has risen
5 reasons to invest in a heavyweight suit fabrics
from a scrappy skate
for fall, instead of one of those so-called shop to one of his-
tory's most influential
‘all-season’ numbers brands. The resale
market for its limited-
edition threads is hot,
but not every item
BY JACOB GALLAGHER erases those rumples. Plus, soars. “This is just
1
a heavyweight set can be supply and demand,”
Because it means you broken up easily for more said Josh Luber, co-
won’t have to wear a outfit options: A corduroy founder and CEO of
coat over your coat A suit can do triple-duty as a StockX, which sells
dense fabric like corduroy full suit for a meeting, secondhand Supreme
or flannel battles sinking trousers with a sweater on and tracks the items’
temperatures better than a a casual day, and a jacket fluctuating prices.
SUIT ILLUSTRATION BY VICTORIA TENTLER-KRYLOV; SUPREME ILLUSTRATIONS BY MATTHEW COOK; F. MARTIN RAMIN/THE WALL STREET JOURNAL, STYLING BY ANNE CARDENAS (FABRIC)
wispy wool or viscose- on the plane over jeans. Here, some of Su-
4
blend. “You’re basically preme’s greatest ris-
wearing a cardigan all the Because it’s more ers and sinkers, as
time,” said Pete Anderson, forgiving If (read: evaluated by StockX.
38, a communications ana- when) you gain a few
lyst in Silver Spring, Md., pounds at Thanksgiving, a
of the flannel suits and good flannel or cord suit
tweed jackets he wears in will not cling as closely to
fall. Though you’ll need to your body as that dinky
toss on a topcoat eventu- “all-season” paper-thin
ally, a formidable fall suit wool. Light suits have a
allows you to stretch those tendency to wrap your Winners
coat-free days through rolls unbecomingly, while a
Thanksgiving. heavier iteration hides White Supreme Brooklyn
2
them. Trust us, nothing Box Logo Tee (2017)
Because it has lasting conceals a food baby like a Original Price: $54
power Discerning vin- tweed sportcoat. Average Resale Price: $665
5
tage stores stuff their Increase: +1,132%
racks with 30-year-old Because it just looks
tweed and corduroy suits better “There is no
because sturdier textiles question that in my
don’t fade or wear out as humble view there is more
swiftly as thinner ones. luster, more life, richer tex-
“These clothes can stand ture, more longevity in a Woodland Camo Supreme
up to whatever you throw heavier weight cloth,” said Logo Facemask (2014)
at them,” said Brendon Michael Hill, the creative Original Price: $24
Babenzien, the founder of director of Drake’s, a Lon- Average Resale Price: $272
New York brand Noah. So don brand whose fall col- Increase: +1,033%
they endure: “I want my lection includes a mustard
stuff to be substantial and corduroy suit and a
heavy and long-lasting.” houndstooth Harris Tweed
3
sport coat. Cold-weather
Because it travels clothes, in plaid makeups
well When he’s on the and fuzzy fabrics, evoke
road, Kirk Miller, the everything from the hand-
owner of New York haber- some preppy rigs that Losers
dashery Miller’s Oath, Ryan O’Neal wore in the
finds that a lithe suit “gets 1970s film “Love Story” to
that crease from where it the colorful tweed coats Supreme x UNDERCOVER
was folded in your suit- that stylish midcentury Public Enemy Parka (2018)
case.” A robust fabric rakes adopted in winter. Original Price: $648
doesn’t wrinkle as easily “Something like tweed is Average Resale Price: $334
and when it does, a quick such a vehicle for texture Decrease: -49%
hang near the shower and color,” said Mr. Hill.
F. MARTIN RAMIN/THE WALL STREET JOURNAL, STYLING BY ANNE CARDENA (JACKETS, SLIPPERS); CHANEL (HANDBAG); ALAMY (ZEBRA); BULGARI (NECKLACE); PATEK PHILIPPE (WATCH); GETTY IMAGES (MADONNA, DAWES, PARKER, ABDUL, GINSBERG)
8
Comme 4
Des
Cocos
8 Chanel-ish jackets that aren’t
by Chanel, demonstrating the
pervasiveness of Mademoiselle
Coco’s enduring—and constantly
reimagined—tweed jacket design
7 6 5
1. For the woman 2. For the woman 3. For the woman 4. For the woman 5. For the woman 6. For the woman 7. For the woman 8. For the woman
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5 items that
still can’t be
1. Chanel 2:55 Handbag Cha- 2. Charvet Slippers Paris bou- 3. Deyrolle Taxidermy Al- 4. Bulgari Necklace To buy 5. Patek Philippe Watch None
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TRESS TEST
1 2 The Warby Parkers
Can you ID 5 famed
Of Everything
scrunchie wearers
9 direct-to-consumer retailers
using these clues?
JEWELS whose business models have been
monotonously compared with that of
3 4 5 a certain do-gooder glasses company
Adventures in Masochism
4 punishing international races that’ll get your
heart pumping like no mere marathon could
Butte and Aspen. It’s a route junkyards. No set course, no Beach, Miami, Fla.
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race begins at midnight to ists.com —Brigid Mander Columbus, Ohio
ELUSIVE EATS Koks Leynavatn, accessible only by an off-road drive. Inset: the restaurant’s ‘grass granite.’
The Lost Kitchen Freedom, at the adjacent House Over-By. dining room. Chef Poul Andrias
Maine Freedom is a tiny town 17 threechimneys.co.uk Ziska earned a Michelin star
miles down a country road from with a tasting menu ($215)
coastal Belfast, but chef Erin Brae Birregurra, Australia Set on showcasing raest, traditionally
French turned it into a foodie an organic farm in sheep-clogged fermented meats and fish air-
bull's-eye with her 7-course farm- countryside 80 miles west of dried for weeks (cod) or months
house dinners ($105) served in a Melbourne, Brae gives the farm- (lamb, reindeer). koks.fo/en
former mill. Would-be guests to-table concept particular im-
must mail reservation requests mediacy. Chef Dan Hunter’s tast- Fäviken Magasinet Jarpen, Swe-
on a 3” x 5” card during a brief ing menu ($275) nods to den Seven hours north of Stock-
annual window. And cross their aboriginal delicacies with cu- holm, a hunting estate surrounds
fingers. findthelostkitchen.com cumbers pickled with green ants, this two-Michelin-starred restau-
but the oyster ice cream/pow- rant where chef Magnus Nils-
The Three Chimneys Isle of Skye, dered sea lettuce combo is all son’s 30 meticulously paced
Scotland When nothing but Isle his own. Six guest suites avail- courses ($350) are presented to
of Muck red-legged partridge will able. braerestaurant.com 24 diners on any given evening.
do, Three Chimneys is your go- A few rooms (and a sauna) are
to. Other examples of chef Scott Koks Leynavatn Faeroe Islands available for overnighters, and
Davies’ take on farm-to-table cui- Dinner at Koks begins Mr. Nilsson recently
sine: local Rose beef with Isle of with a piece of smoked opened three smaller Clockwise from top left: A tourism poster for the Austrian alps, issued in
Barra snail ravioli and honey-yo- whale meat to nibble restaurants in nearby 1938/39 after the annexation of the country by Nazi Germany, $4,720; an
gurt parfait with a dusting of before an off-road Are. faviken.com earlier advertisement for Austria, this one published in 1930, $3,375; a 1930
Douglas fir and almonds. Prix Jeep ride to its —Margot photo-illustration from Poland’s Promotion of Tourism and the Polish State
fixe dinner, $90. Rooms available minimalist 24-seat Dougherty Railways, $2,360; a 1935 poster from the Swedish Traffic Association, $1,950
12 creepy films set in Touch of Evil (1958) Joy Ride (2001) Identity (2003) Psycho (1998)
motor inns, ranked from Tomatometer: 96% Tomatometer: 73% Tomatometer: 62% Tomatometer: 38%
worthy to woeful, as per
Rotten Tomatoes Memento (2000) Bad Times at the El Royale Bug (2006) Mountaintop Motel Massacre
Tomatometer: 92% (2018) Tomatometer: 72% Tomatometer: 61% (1986) Audience Score: 15%
LOVING
HOW
YOU
LIVE.
Room at the
Southern California’s
Terranea Resort offers
relatively affordable rates
over the winter holiday.
Inn...for Now
5 easy-to-reach beach resorts where you can still score a
humanely priced room for Christmas week
Villa Montaña Beach Resort, shorter than many Los Ange- coastline, but El Salvador’s
Puerto Rico les commutes: The resort oc- troubled history and lack of
On a quiet patch in north- cupies 102 acres on the Palos infrastructure has kept it off
western Puerto Rico, a 90- Verdes Peninsula, about a 40- most travelers’ radar. Now,
minute drive from San Juan, minute drive from Los Ange- it’s emerging as a new adven-
Villa Montaña Beach Resort les International Airport. ture destination, and its up-
occupies 35 acres along a se- Though just nine years old, scale hotels are straight-up
cluded beach in Isabela. The Terranea evokes a classic cheap. The Acantilados
look is rustic-elegant, with grand resort, with Mediterra- opened this fall on a rocky West is generally just too Izia Beachfront Hotel, Isla Beachfront Hotel is a white-
breezy linen curtains and nean-inspired architecture ocean bluff in La Libertad, popular. But luxury-seeking Mujeres, Mexico washed horseshoe of a bou-
carved wooden beds. There’s and an abundance of ameni- about an hour from San Sal- travelers can still find some Petite Isla Mujeres is almost tique hotel facing the Carib-
plenty to do: Villa Montaña ties. In addition to the nine vador. The hotel has 19 relative value at the Reach, a as accessible as Cancún mi- bean Sea. It has a swimming
offers tennis courts, pools, restaurants, there are four ocean-facing rooms and two Waldorf Astoria resort set on nus the mega-resorts. Attrac- pool for families and another
and two restaurants, and swimming pools (two adults saltwater pools, one set into a private natural-sand beach. tions include a turtle sanctu- for adults, a small spa and a
guests can snorkel, scuba, only), a spa, a kids club and a the side of the cliff. From While it lacks the grandeur ary and rehabilitation center, fitness center. From $260 a
fish, hike and bike nearby. nine-hole golf course. From about $260 a night for a of its sister property, Casa Garrafon Natural Reef Park, night for a double (a family
From $475 a night for a fam- $475 a night for a family of family of four, acantilados.sv Marina, the Reach comes at with its sculpture garden and of four would need two
ily of four, villamontana.com four, terranea.com half the price—and guests minor Mayan ruins, and the rooms), izlahotel.com.
The Reach, Key West, Fla. can use the spa and other Cancún Underwater Museum —Sara Clemence
Terranea Resort, Ranchos Acantilados, El Salvador If you’re looking for a dis- amenities around the corner. of Art, whose hundreds of
Palos Verdes, Calif. Serious surfers have long count destination during the From $759 a night for a fam- sunken statues offer snorkel- For two more affordable beach
The trip to Terranea is flocked to this tiny country’s holidays, quirky, colorful Key ily of four, reachresort.com ers rare diversion. Izla resorts, see wsj.com/travel.
• Amphibians • Non-household
birds (farm poultry,
• Ferrets
waterfowl, game
ET • Goats birds & birds of
RR
FE
R. • Hedgehogs prey)
,M
RY
S OR • Insects • Animals with
tusks, horns or
• Reptiles hooves (excluding
• Rodents miniature horses
properly trained as
• Snakes 2009 $378 2013 $525 2017 $503
service animals)
• Spiders 2010 $537 2014 $554 2018 $455
• Any animal that is 2011 $604 2015 $539 Source: Expedia.com
• Sugar gliders dirty or has an odor 2012 $550 2016 $491 *adjusted for inflation
Every space is filled with untapped possibility. To fit more than you
can imagine. To function better than you’d believe. From custom closets
Space is as vast
to clothes hangers, the transformation begins at The Container Store. as you make it.
©2018 The Container Store Inc. 40745
D8 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
The Atlas
7 egg dishes from around the
world (and some of fall’s top
cookbooks) that show this
humble ingredient’s subtle
genius and universal appeal
CLOCKWISE FROM TOP LEFT: ZACH & BUJ; ERIC WOLFINGER; GABRIELE STABILE; PETER CASSIDY; AUSTIN BUSH; DANIELLE ACKEN/PHAIDON; NIK SHARMA
7 4
6
7
3 1
2
4
5
6 5
1. KOREA Al Gyeran Jjim (Smooshed Potato and Egg) from nevieve Ko (Harper Wave). (Fermented Pork Stir-Fried with Egg) (Phaidon).
(Steamed Eggs With Salted Pollack “Bottom of the Pot” by Naz Deravian from “The Food of Northern Thailand”
Roe) from “Korean Home Cooking” (Flatiron Books). 4. ETHIOPIA Flatbread Pastries by Austin Bush (Clarkson Potter). 7. INDIA BY WAY OF CALIFORNIA
by Sohui Kim with Rachel Wharton Stuffed With Egg from “Ethiopia” by Egg Salad With Toasted
(Abrams). 3. SOUTHERN U.S. Deviled Egg Yohanis Gebreyesus (Kyle Books). 6. GERMANY Creamed Spinach Coriander, from “Seasons” by Nik
Salad Sandwiches from “Carla Hall’s With Fried Egg from “The German Sharma (Chronicle Books).
2. IRAN Yeralma Yumurta Soul Food” by Carla Hall with Ge- 5. THAILAND Naem Khua Kap Khai Cookbook” by Alfons Schuhbeck —Eleanore Park
Alive and Menu for End Times (or Quebec in Winter) Art of
Well-Cooked 25 edible essentials for the well-appointed bunker, from the cookbook ‘Joe Beef: The Meal
Surviving the Apocalypse’ by chefs Frédéric Morin and David McMillan, of
4 American food species Montreal’s Joe Beef, and Meredith Erickson (Nov. 27, Knopf) 19 foods Frida Kahlo
rescued from extinction, laid out to share with
profiled in the book departed loved
‘Food From the Radical 1. Canned Bread 10. Hardtack 18. Maple Syrup ones in observance of
2. Chien Chaud Spice Mix 11. Dried Verbena 19. Confit Salt Day of the Dead
Center: Healing Our 3. Cedar Salt Lard 12. Smoked Confit Gizzards 20. Smoked Cider Vinegar
Land and Communities’ 4. Crab Apple Syrup 13. Pickled Pork Butt 21. Pickled Deer Necks
by Gary Paul Nabhan 5. Hot Pepper Paste 14. Bark, Root and Twig Beer 22. Acorns and Black • Sugar cane • Yellow and
(Island Press) 6 Pickled Eggs and Tongues 15. Beef Jerky Walnuts • Limes red moles
7. Plum Jelly 16. Endives 23. Potatoes Stored in Sand • Mandarin • Oaxacan
8. Herb Salt 17. Beef Leg Soup with Dates 24. Sauerkraut oranges beef jerky
1
9. Cellared Russet Apples and Ginseng 25. Ham Hocks • Peanuts • Red rice
• Jicamas with dried
• Sugar skulls shrimp
on
n Bis They also suggest: Champagne, one elegant one gold bullion, 12-gauge slugs, dried ramen, a • Dead man’s • Chicken
rica Champagne saber, condoms, one hidden pack of tarp, coconut fat, vitamins, one MarkTen tobacco bread sautéed in
A me
cigarettes, a ham radio, ½ bottle of red wine, a can, Vieille Prune brandy, cans of cassoulet, an ax, • Cookies in chile pipián
garden’s worth of seeds, a machete, one slingshot, bleach, one suture kit, a hand-cranked nut mill the shape • Pumpkin in
JENNIFER MAY (JOE BEEF); F. MARTIN RAMIN/THE WALL STREET JOURNAL (RICE, DATES); GETTY IMAGES (BISON, SHEEP); ILLUSTRATIONS BY ANDREW JANIK
2
• Beans • Sweet
• Tortillas potatoes in
ice • Pasilla chile sancocho
old R sauce • Tamales in
aG
olin • Brown corn plantain
C ar
tlacoyos leaves
3
Source: “Frida’s
Fiestas” by
eep
Sh Guadalupe Ri-
ro
-C hur vera and Marie-
o
vaj Pierre Colle
Na
(Clarkson Pot-
ter)
4 Bla
ck
Sphi
nx
Da
te
4 trending coffee-bar
Foam items, as decoded in ‘The Textured
Espresso Steamed Milk Espresso
New Rules of Coffee’ by Milk
Chocolate Jordan Michelman and Coffee Espresso
Espresso Zachary Carlsen (Ten
Speed Press)
THE WALL STREET JOURNAL. * * * * Saturday/Sunday, October 27 - 28, 2018 | D9
7
BY ELEANORE PARK Habanada Pepper “This is a
1
habanero bred to have all the
1 2 3
Apples “I appreciate that it can flavor with none of the spice.
still be 70 degrees in the day and It has incredible tropical tastes of
you can eat an apple, reminding passion fruit and pineapple. My fa-
you that cool weather is coming.” vorite way to eat them is pickled.
—Barbara Lynch of No. 9 Park and We recently put them in a beet
six other restaurants, Boston salad with pluots and walnuts.”
2
—Sam Smith of Tusk, Portland, Ore.
8
Calabaza (Squash) “I look for-
ward to calabazas at this time Mushroom Powder “It’s like
of year to add to atole, a warm, adding a natural MSG, bring-
creamy drink made with corn masa.” ing a boost of umami to stocks,
—Cristina Martinez of El Compa- soups, burgers or, really, anything.”
dre and South Philly Barbacoa, 4 5 6 —Edouardo Jordan of Salare and
Philadelphia JuneBaby, Seattle
3 9
Celtuce “This leafy green vege- Pomegranate “The fruit is so
table is one of my favorite in- versatile, it can bring a lot of
gredients in fall and winter. things to life. That tartness
We use the leaves to wrap and and sweet-savory balance are inte-
steam fish, and the stem is meaty gral to Middle Eastern cooking.”
and super versatile.” —Reem Assil of Reem’s California
—Tom Cunanan of Bad Saint, and Dyafa, Oakland, Calif.
10
Washington, D.C.
4
Radicchio “For standing
Conch “The Caribbean has a up to stronger flavors
big culinary history of stews 7 8 9 and introducing some-
and one-pot meals. I like thing fresh to a heavier dish, ra-
grilling the conch meat and adding dicchio is really great.”
it to a green-curry-base stew. That —Edward Lee of 610 Magnolia and
herbal brightness balances the fla- Milkwood in Louisville, Ky., and
vor and picks up those salty sea Succotash in Washington, D.C.
11
notes.” —DeVonn Francis of Yardy,
New York Red Fermented Tofu “There
5
are layers of nuttiness and
Fuyu Persimmons “In spring- earthiness that take to
time we have a lot of berries dishes that are a little heartier, like
happening, and in the fall, a pork roast. It’s also the base for
persimmon is our way of having our fall bitter melon soup.”
that sweet berry taste in dishes.” 10 11 12 —Brandon Jew of Mister Jiu’s, San
—Stephanie Izard of Girl & the Francisco
12
Goat, Duck Duck Goat and Little
Goat Diner, Chicago Wild Mushrooms “This
6
season has been rainy, per-
GETTY IMAGES/ISTOCKPHOTO
1. Jouboshi Takeuchiseit- 3. Kabaya Foods Saku Saku 5. Nestlé Japanese Kit Kat:
aisho Goldfish Apple Yokan Panda Halloween Chocolate- Cranberry and Almond Au-
Chewy candies with the fresh, coated cookie pandas with a tumnal berries and nuts
not-too-sweet flavor of real range of fetching facial ex- baked into a dark-chocolate
apple juice ($24 for 8 pieces) pressions ($8 for 8 packs) wafer ($10 for 13 bars)
2. Furuta Seika Gudetama 4. Meito Sangyo Tai Straw- 6. Hakata Fuubian Pione
Custard Chocolate Milk choc- berry Inside a crisp shell Grape Chocolate Crunch
olate with a creamy center shaped like a tai (Japanese White chocolate, Japan’s
and a wrapper featuring Hello sea bream), a luscious straw- famed Pione grapes and the
Kitty’s lovable, lazy egg friend, berry mousse ($20 for 10 crispy pop of puffed rice ($20
Gudetama ($9 for 18 pieces) pieces) for 12 pieces)
1 5
3
4
Pamplemousse
26 flavors of soda pop listed in a 1912
report on Michigan bottlers from the Text FUTURE to 225568 to learn more
state’s Dairy and Food Commission
about high school and the future of work.
Banana Pop • Black Pop • Blood Orange
Pop • Chocolate Cream • Cocola • Cola
Koke • Cremo Ginger • Cuban Ade • Dreamo
• Gin Seng • Grapemist • Iron Port • Kolatona
• Kos-Kola-Pop • Lemon Pop • Orange
Cider • Orcharade • Peach Mellow • Ple Zee
• Rasport • Raspberry Wine • Red Pop • Red Visit XQSuperSchool.org/Future to learn more from XQ.
Tame Cherry • Sherbet • Strawberry Pop Msg and data rates may apply. XQ Institute is a 501(c)(3) organization.
• White Pop
4
CATSWALL DESIGN (1); JÉRÔME GALLAND (2); CHIMÈRE EDITION (4, 5); BETTMANN ARCHIVE/GETTY IMAGES (GUGGENHEIM); GETTY IMAGES (CHAIR)
2 3 4 5
BY CATHERINE ROMANO Tweety’s Revenge French de- The Puppy Dome Undoubt- Bowled Over How do you Luxury Hutch This rabbit or
1
signer Grégoire de Lafforest edly an improvement over turn the typically unimagina- hamster cage also comes from
Cats’ Cradle Evocative of gives birds a seat at the table the lumpy pillow your dog tive design of a fishbowl on designer Marc Ange, in collab-
Christmas ribbon candy, the with his Cage Archibird. Tensioned calls home, this 13-sided den from its side without losing its precious oration with his friend and partner
Curvynest cat tree, a slightly stainless-steel cables support the Tokyo design firm Natural Slow is inhabitants? Marc Ange, co-founder Frédéric Stouls. Searching for a
springy piece of furniture, pro- bottom of the cage, with its inte- called the Kamakura, after the ig- of French company Chimère, did so hutch for his goddaughter’s rabbit,
vides four stories of semi-enclosed grated water dish, while lacquered loo-like snow huts found in by shifting the air opening of his Mr. Stouls found nothing he’d want
cubbies, plus an observation deck branches breach the oak tabletop. northern Japan. The sturdy but blown-glass Fish Bowl to the side. to live with, so the two devised this
for the top cat if you have many The sticks that protrude are en- lightweight canine quarters are The effect is pleasantly unsettling oak number, which includes lac-
kitties. Apparently the Curvynest, closed in glass bell jars, a cheeky constructed of paulownia wood, but not calamitous. The snug bowl quered details and a ceramic bunny
made of MDF board and PVC fab- allusion to taxidermy displays. In named after Queen Anna Pav- of oak that cradles the glass lends head as an ornament. The door
ric, passed muster with the 20 fe- these clear enclosures, Warner lovna of Russia (1795-1865). the design a certain friendliness, opens into a sleeping compartment,
lines on which its Taiwanese Bro.’s anything-but-bird-brained That’s a lineage your best friend and, with those chunky legs, a and a ramp leads to an elevated
maker, CatsWall Designs, tests all canary could really taunt the inde- would surely be proud to stand vague resemblance to Stuart of platform, for when your pet craves
its ideas. fatigable Sylvester. behind. “Minions” fame. an alternative view of the world.
Snarkitectural Criticism
5 excoriating reviews of Frank Lloyd Wright’s
Guggenheim Museum when it opened in 1959 Blueprint for I First I recognized that you were
very clever
XI That you are unbelievably
generous to me.
A Marriage II That you were very hansome XII That the more one digs the
III That you were perceptive foundations the more and more
“A building that should be put in a stractions which mirror the tor- one finds the solidest of granit
museum to show how mad the tured maladjustments of our time...” 13 lovable qualities of IV That you were enthusiasic. for you and I to build a life to-
20th century is.” —Robert Moses, New York architect Eero Saarinen’s gether upon
V That you were generous.
—New York Daily Mirror City parks commissioner would-be wife
VI That you were beautiful [Following an arrow pointing to
“If he had deliberately designed an “Coupled with the great height of last entry] I
VII That you were terribly well
interior to annihilate painting as the central court, the light seems In 1953, the Finnish-born archi- know this is
organized
an expressive art, he could not not so much atmospheric but tect (famed for the TWA Flight not a good
have done much better.” dense; one has the sensation of Center at New York’s JFK air- VIII That you were fantastically sentence.
—The New York Times suddenly being forced to carry a port) fell for art and architec- efficent
Source:
gigantic flask of shining mercury.” ture critic Aline Bernstein and IX That you dress very very well Archives of
“...Frank Lloyd Wright’s inverted —The Baltimore Sun sent her this love letter—a list American
IIIA That you have a marvelous
oatmeal dish and silo with their notable for its Roman numer- Art,
sense of humor
awkward cantilevering, their jaun- “It shattered the mood of the als. Perhaps she attributed the Smithsonian
diced skin and the ingenious spiral neighborhood.” —Norman Mailer copious misspellings to fever- X That you have a very very Institution
ramp leading down past the ab- —Abbey Crain ish ardor. They wed in 1954. beatiful body.
THE WALL STREET JOURNAL. * * * * Saturday/Sunday, October 27 - 28, 2018 | D11
Desperately 1
Seeking Oddities
6 types of arcane objects that collectors with perplexing
passions pursue—via want ads in antiques magazines
F. MARTIN RAMIN/THE WALL STREET JOURNAL (ADS), SOURCE: MAINE ANTIQUE DIGEST, AND ANTIQUES AND THE ARTS WEEKLY; ILLUSTRATIONS BY MATTHEW COOK
and tokens of affection, they were incised Holmes system, with bat-
with motifs like hearts and clasped hands tery-powered bell devices
alongside first names—and little identifying that clanged when intruders opened doors or
3
information. “There’s a poignancy” to them, windows, are in the collection of Stanley Op-
said Mr. Berke, since so much about the com- penheim, who has run a security- and fire-
memorated people is alarm company in Manhattan for decades. His
forgotten. pre-1970s alarm memorabilia includes ads,
catalogs, corporate contracts, and photos of
2. WORLD’S FAIR suited operators in monitoring stations.
PARAPHERNALIA
Andy Kaufman, owner 5. AUTOMAT
of World’s Fair Auc- EPHEMERA From
tions in Ponte Vedra the early 1900s
Beach, Fla., remembers through the ’90s,
feeling awed during multiple childhood trips scores of Horn & 5
to the 1964-65 New York World’s Fair. Mr. Hardart Automats
Kaufman has incorporated the memorabilia served affordable
from those tours into a hoard of artifacts dat- meals from gleaming coin-operated machines
ing to the first fairs, in the 1850s. He some- in New York and Philadelphia. When the
times focuses on subcategories, including per- chain closed, architectural salvage dealer
fume bottles and women’s jewelry. At every Steve Stollman began rescuing parts. Each
fair, he said, visitors on even the tightest bud- restaurant, he said, “was a palace.” Expanses
gets could take home “a little trinket.” of windowed metal compartments offered
food while ornate dolphin-shaped spouts ten-
3. NUTMEG GRATERS dered coffee. Mr. Stollman sells some pieces
For four centuries, in- in his Athens, N.Y., gallery and remains vigi-
ventors have tried to lant for remnants that were plastered over 4
devise easier ways to but resurface in demolitions.
pulverize the tough lit-
tle nutmeg seed. Jim 6. NATIVE CRAFTS A world-traveled navy
Klopfer, a speech and brat, architect Keith Reeves had to dig a bit to
language pathologist in find stimulation when he and his wife, Sara,
New England, has been seeking out the imple- settled in Winter Park, Fla. He found it in
ments since the 1970s. His prized possessions what he calls the “absolutely fearless use of
sprout cranks, knobs, gears and hinged com- color” of Florida’s Native American Seminoles.
partments shaped like seashells, fruit, bee- Patchwork shirts in purple and orange stripes, ONE MAN’S TRASH...
hives, church steeples and hearts. Products sashes intricately stitched with beads, are Printed ads from quirky
that flopped on the market, he said, are most among the 3,000 artifacts dating from prehis- collectors on the hunt
prized. tory to today that the Reeveses have gathered.
“Cozy Minimalist Home” “Maison: Parisian Chic at Home” 1. Kate Rumson 2. Phil Darwen 3. Justina Blakeney 4. Becki Owens 5. Shea and Syd
(Zondervan) (Flammarion) @the_real_houses_ @adesignersmind @thejungalow @beckiowens McGee
“Homes for Our Time” (Taschen) “Homebody” (Harper Design) of_ig 1.3M followers 1M followers 838K followers @studiomcgee
“Exceptional Homes” (teNeues) “Houses by the Shore: At Home 1.9M followers 780K followers
“Brian Gluckstein: The Art of With the Water” (Rizzoli)
Home” (Figure 1) Plus: The eight titles pictured above —Abbey Crain; Source: Instagram
F. MARTIN RAMIN/THE WALL STREET JOURNAL (BOOKS); LAUREN TILLEY (RUMSON); DAVE GREER (OWENS); KATE OSBORNE (MCGEES); EVERETT COLLECTION (PRICE); GETTY IMAGES (TOAD)
for $800, as did a painting by Piet Mondrian. Here, a partial list of the names
whose work you could have scored while picking up a socket set.
Workout
1. Critically-acclaimed
Mad-Scientist Movies
2. Mind-bending Japa-
nese Crime Dramas
From
3. Biographical Dramas
for Hopeless Romantics
4. Steamy German-
Language Movies
Home
5. Cerebral Biographi-
cal Fight-the-System
Movies
6. Dark Tearjerkers
7. Stunts and General
Mayhem
8. Inspiring Animal
5 total-body exercise Tales
machines that put treadmills 9. Raunchy Political
Movies
to shame and will make gym- 10. Ominous Wilder-
rats want to sweatily cocoon ness-survival Movies
11. Feel-good Education
1 2 3 4 5
& Guidance Movies
MIRROR What looks like Technogym SKILL- Hydrow Rowing uses ICAROS Home Bowflex HVT The Starring Muppets
a fancy mirror is actu- BIKE Sorry, Peloton— roughly 86% of the Launched in August, HVT stands for “hy-
ally an interactive home this new stationary body’s muscles, com- ICAROS looks like brid velocity train-
gym craftily hidden within bike is the only one with pared with 44% for biking something you’d find in a ing”—in other words, com-
an LCD screen and con- real gear shifting to make or running, making it one NASA lab, not a home bining short bursts of
trolled via iOS app. For $39 you feel like you’re riding of the most efficient car- gym. The company calls it cardio and total-body
a month it can stream live trails. Capable of simulat- dio workouts. “When using “active VR”—donning a VR strength training for an in-
and on-demand classes with ing hills from -3% grade up your upper and lower headset, you lay down in tense workout that burns
Mirror trainers in boxing, to 15%, the bike forces you body simultaneously, you plank position, grab its fat and builds muscle in
HIIT, yoga and more. A to shift as its resistance burn way more calories,” two handles and then fly, 20 minutes. The HVT
built-in camera allows train- changes and neatly tracks said Mr. Uria. With fluid ski, swim or drive through comes with three prepro-
ers to see you and shout your power and RPMs on a lines that would look as virtual worlds by control- grammed workout modes
real time feedback, and in 7-inch LCD console, along good on the water as in a ling the gyroscopic ma- as well as Bluetooth tech-
early 2019 you’ll be able to with speed, heart rate and living room, the sleek Hyd- chine with your body (as it nology, to let you sync ad- 12. Vampire Movies
access one-on-one coaching distance pedaled. “Hill row lets you train along- moves, you engage major ditional workouts from a starring Peter Cushing
outside of classes. Mean- climbing can be a great side Olympic champions muscles—with a focus on smartphone app and track 13. Argentinian Dra-
while, trainers can help you way to build strength,” via its touch screen moni- your core and upper your progress and stats. mas Featuring a
hit a target-heart-rate zone said Jacque Crockford, ex- tor as they row live on the body—and test your re- “With varying resistance, Strong Female Lead
by analyzing health data ercise physiology content water. For $38 a month, flexes and coordination). tempo and directional set- 14. Romantic Super-
you sync from your Apple manager at the American you can access workouts “Engaging core muscles tings, this machine may natural Comedies
Watch via Bluetooth. “Tar- Council of Exercise. “When from 5 to 60 minutes and promoting balance is help to improve your 15. Filipino Sci-Fi &
get-heart-rate training is combined with the mental across four intensity lev- an important aspect of strength, power and en- Fantasy Movies
great as a motivator and challenge of truly shifting els. And instead of a noisy well-rounded fitness, while durance when used consis- 16. Biographical Docu-
way to gauge progress, gears, it may also help to fan wheel or chain, its gamifying a workout keeps tently,” said Ms. Crockford. mentaries about Horses
whether it’s for fat burning build confidence and computer-controlled resis- you engaged,” said Ms. It isn’t small or particu- 17. Girl Power Musicals
or endurance,” said Steve speed.” Sync SKILLBIKE to tance tech automatically Crockford. The machine larly sleek, but it allows 18. Kung Fu Comedies
Uria, trainer of pro athletes your Strava or Garmin ac- adjusts 100 times a second works with VR headsets you to dream up an un- 19. Scary Italian Crime
and owner of New York’s counts, and you can ride to help you glide through like the HTC Vive, Oculus usual number of exercise Movies from the 1970s
Switch Playground. “Mirror routes mapped by cyclists a workout, making it well- Go and Samsung Gear VR, programs. $1,799, bow- 20. Suspenseful Mov-
does that really well.” throughout the real world. suited for at-home use. as well as Samsung Tab- flex.com ies/TV for ages 8 to 10
$1,495, mirror.co $4,790, technogym.com $2,199; hydrow.com lets. $2,800, icaros.com —Ashley Mateo 21. Bellydancing
gunfire, or while bombs are may be dropped not on Knicks Gaming, champi- ings for Tyler “Ninja” Blevins, in Riot Games’ League of
falling, players may take nearer the hole without 3. $3.5 Million Total in per- ons of the NBA 2K League’s first pro gamer to be on the Legends North American
cover without penalty for penalty.” formance-based bonuses inaugural 2018 season. cover of ESPN magazine. league. —Sarah E. Needleman
ceasing play.”
6. “A ball lying in a crater
3. “The positions of known may be lifted and dropped
delayed-action bombs are not nearer the hole, pre-
marked by red flags placed
at reasonably, but not
serving the line to the hole
without penalty.”
Power 1. Smart Fork $70, hapi.com
2. Smart Umbrella From $59,
8. Smart Dog Collar $230,
jagger-lewis.com
guaranteed safe distance.”
7. ”A player whose stroke
Surge weathermanumbrella.com
3. Smart Candle From $98,
9. Smart Water Bottle $55,
hidratespark.com
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splinters on the Fairways, neous explosion of a bomb 13 things you 4. Smart Mug $80, ember.com harimari.com
or in Bunkers within a club’s may play another ball from thought you’d 5. Smart Wine Decanter 11. Smart Belt $172, belty.paris
length of a ball may be the same place. Penalty, never have to $499, wineethusiast.com 12. Smart Trash Can $199,
moved without penalty, and one stroke.” charge 6. Smart Canine $2,900, brunosmartcan.com
no penalty shall be incurred sony.com 13. Smart Dental Floss $30,
if a ball is thereby caused —Source: The Richmond 7. Smart Saltshaker $199, smilepronto.com
to move accidentally.” Golf Club, Surrey, U.K. mysmalt.com —Rachel Jacoby Zoldan
1 2 3 4 5 6 7
‘Get stroked in the morn- ‘One blade better than ‘You take one stroke, it ‘The power of 4.’ Three ‘Free your skin.’ Schick ‘The Final Frontier.’ ‘Close has never been
ing.’ Bic’s disposable one- whatever you’re using takes three.’ Gillette’s in- blades seemed enough. continued innovating in Dollar Shave Club’s six- closer.’ More blades? The
bladers: less smooth than now.’ Gillette ups the novative Mach 3 launches Schick had other plans 2010 with the Hydro 5 bladed Executive nicks Dorco Pace 7 is the most
its double entendres. ante with 1971’s Trac II. the late-90s blade wars. with its 2003 Quattro. and its “flip trimmer.” puny drugstore brands. money can buy. For now.
THE WALL STREET JOURNAL. * * * * Saturday/Sunday, October 27 - 28, 2018 | D13
Ode to a
Brooding Bot
3 haunting poetry
stanzas of dubious
merit—based on ‘The
Shining’ and ‘written’
by an artful artificial
intelligence system
“1 Work 0 Play”
Engineered by Ross Goodwin
Journeys of Note
Danny isn’t here, Mrs. Tor-
Fargo, N.D., to Billings, Mont., via rances are free.
I-94, 8.5 hours I wish to love an old man’s
“Sleep,” Max Richter speech to see,
Arguably the most deadly-dull 600 Who so soon would have
miles of pavement in the vast U.S. been one more than all;
Interstate, I-94 is a day’s work of Danny isn’t here, Mrs. Tor-
6 American road trips and the musical ano in your life? Head out on the string-straight highway with pictur- rance
selections that thematically echo the drive— I-5 and drop a digital needle on Mi- esque nothingness arranged on
chael Finnissy’s 11-part magnum both sides. How about some tunes? 3. Redrum. Redrum.
and last just long enough to get you there opus. In 2013, pianist Ian Pace tack- This work is a bit like a classical REDRUM! THE TURNER
led Mr. Finnessy’s densely packed night raga, meant to be heard STANDS!
tumult of arcane piano figurations through the night, reaching parts of The hour of evening and the
and sprawling moodiness, like rock- the somnambulant listeners’ brains waves of men
BY DAN NEIL composed by Richard Wagner, con- concert fog, based on the idea of a that are inaccessible when they are Their temples and the spir-
ducted by Marek Janowski musical analogue of photography awake. And don’t forget there’s a its of the soul,
Asbury Park, N.J., to Atlantic City Opera companies typically play (one chapter is called “Eadweard Starbucks in Bismarck. Redrum. Redrum. REDRUM!
via Garden State Pkwy, 1.5 hours Wagner’s “Ring” cycle over four Muybridge—Edvard Munch”). The Of late and all your story
“The River,” Bruce Springsteen nights but you can do it in four great big empty of the California Austin to Dallas via I-35, 3 hours seems to say,
Mr. Springsteen’s fifth album, and states and a mere 1,000 miles near Central Valley provides the frame. “The Complete Atlantic Sessions,” And blest, alas! shall flow
greatest double, “The River” repre- the route of the old Lincoln High- Willie Nelson with all the thought
sents the Boss’s most sustained way. Ride across Iowa with the Boston to Newport, R.I., via MA-24 Driving from Austin to the Big D? Redrum. Redrum. REDRUM!
evocation of driving, highways and “Valkyries”! Conquer Nebraska with and R.I.-24, 1.75 hours Set the autopilot, relax, and enjoy
automobiles, with titles such as the aid of “Siegfried”! By the time “Swagism,” Ghost-Note this astonishing musical document
Drive all Night, Cadillac Ranch, you reach Denver city limits, Brün- A spectacular 94 minutes of ultra- covering the Texas native’s second
Wreck on the Highway, Stolen Car, nhilde will have surrendered to the tight, percussion-forward funk-hop, career, post Nashville. These hours
and Ramrod. Clocking in at just un- purifying fire and you will have EDM, rhythm-and-blues and general include—get this—a genre-bending
der 90 minutes, its 20 tracks will conquered the Matterhorn of opera. shredding, “Swagism” is Ghost- concept album called “Phases and
carry you all the way down this Note’s second album. Like the first, Stages.” Like a country music
turnpike of broken dreams. Los Angeles to San Francisco via it’s built around a roster of brilliant Rashomon, this lament of marital
I-5, 6 hours collaborators, like afro-pop percus- unease is told from both sides, in
Chicago to Denver via I-80 and I-76, “The History of Photography in sionist Weedie Braimah (“Weedie B. competing episodes, with titles
15.5 hours Sound” Michael Finnissy Good”). Before you hit the Newport built around phrases like “No Love
“Der Ring des Nibelungen,” Not enough angular, avant-garde pi- Jazz Festival, get up to speed. Around” and “Washing the Dishes.”
Answers: 1.E; 2.A; 3.C; 4.B; 5.F; 6.D Anitphone Glottophone Hulagmophone
“Back-talker” “Language Sounder” “Barking Sounder”
D14 | Saturday/Sunday, October 27 - 28, 2018 * *** THE WALL STREET JOURNAL.
Tambour Horizon
Your journey, connected.