Shelby Davis Quotes

He is the kind of person I should expect to rescue one from a mad dog at any risk but then insist on a stoical indifference to the fright afterward." Jefferson Davis's future wife describing him at first meeting.

Davis told him, and went on to suggest that necessity be made a virtue and a source of strength.

Misfortune often develops secret foes,” Davis had said in a letter written earlier that week to Lee, “and oftener still makes men complain. It is comfortable to hold someone responsible for one’s discomfort.

I know how prone we are to censure,” Lee continued, “and how ready [we are] to blame others for the non-fulfillment of our expectations. This is unbecoming in a generous people, and I grieve to see its expression. The general remedy for want of success in a military commander is his removal. This is natural, and in many instances proper. For no matter what may be the ability of the officer, if he loses the confidence of his troops disaster must sooner or later ensue.” For all his basic agreement with the principle here expressed, Davis was by no means prepared for the application Lee made in the sentence that followed: “I have been prompted by these reflections more than once since my return from Pennsylvania to propose to Your Excellency the propriety of selecting another commander for this army.

General R. E. Lee, Commanding Army of Northern Virginia: Yours of the 8th instant has been received. I am glad to find that you concur so entirely with me as to the want of our country in this trying hour, and am happy to add that after the first depression consequent upon our disasters in the West, indications have appeared that our people will exhibit that fortitude which we agree in believing is alone needful to secure ultimate success. It well became Sidney Johnston, when overwhelmed by a senseless clamor, to admit the rule that success is the test of merit, and yet there has been nothing which I have found to require a greater effort of patience than to bear the criticisms of the ignorant, who pronounce everything a failure which does not equal their expectations or desires, and can see no good result which is not in the line of their own imaginings. I admit the propriety of your conclusions, that an officer who loses the confidence of his troops should have his position changed, whatever may be his ability; but when I read the sentence I was not at all prepared for the application you were about to make. Expressions of discontent in the public journals furnish but little evidence of the sentiment of an army.… But suppose, my dear friend, that I were to admit, with all their implications, the points which you present, where am I to find that new commander who is to possess the greater ability which you believe to be required? I do not doubt the readiness with which you would give way to one who could accomplish all that you have wished, and you will do me the justice to believe that if Providence should kindly offer such a person for our use, I would not hesitate to avail of his services. My sight is not sufficiently penetrating to discover such hidden merit, if it exists, and I have but used to you the language of sober earnestness when I have impressed upon you the propriety of avoiding all unnecessary exposure to danger, because I felt our country could not bear to lose you. To ask me to substitute you by someone in my judgment more fit to command, or who would possess more of the confidence of the army or of the reflecting men in the country, is to demand of me an impossibility. It only remains for me to hope that you will take all possible care of yourself, that your health and strength may be entirely restored, and that the Lord will preserve you for the important duties devolved upon you in the struggle of our suffering country for the independence which we have engaged in war to maintain. As ever, very respectfully and truly yours, JEFFERSON DAVIS

On the day before Lincoln’s election, Davis had struck an organ tone that brought a storm of applause in his home state. “I glory in Mississippi’s star!” he cried. “But before I would see it dishonored I would tear it from its place, to be set on the perilous ridge of battle as a sign around which her bravest and best shall meet the harvest home of death.

I rise, Mr President, for the purpose of announcing to the Senate that I have satisfactory evidence that the State of Mississippi, by a solemn ordinance of her people in convention assembled, has declared her separation from the United States. Under these circumstances, of course, my functions terminate here. It has seemed to me proper, however, that I should appear in the Senate to announce that fact to my associates, and I will say but very little more.” His voice faltered at the outset, but soon it gathered volume and rang clear—“like a silver trumpet,” according to his wife, who sat in the gallery. “Unshed tears were in it,” she added, “and a plea for peace permeated every tone.” Davis continued: “It is known to senators who have served with me here, that I have for many years advocated, as an essential attribute of State sovereignty, the right of a State to secede from the Union.… If I had thought that Mississippi was acting without sufficient provocation … I should still, under my theory of government, because of my allegiance to the State of which I am a citizen, have been bound by her action.” He foresaw the founding of a nation, inheritor of the traditions of the American Revolution. “We but tread in the paths of our fathers when we proclaim our independence and take the hazard … not in hostility to others, not to injure any section of the country, not even for our own pecuniary benefit, but from the high and solemn motive of defending and protecting the rights we inherited, and which it is our duty to transmit unshorn to our children.” England had been a lion; the Union might turn out to be a bear; in which case, “we will invoke the God of our fathers, who delivered them from the power of the lion, to protect us from the ravages of the bear; and thus, putting our trust in God and in our own firm hearts and strong arms, we will vindicate the right as best we may.

You cannot understand the meaning of the word “aggressive” until you have witnessed PCS salesmen in action. They inspired an often-quoted phrase at Morgan Stanley: “Sell your mother for a basis point.” For many of them the phrase was a gross understatement. I never will forget one conversation I had with a PCS salesman the day after I had learned that Shelby C. Davis, a prominent New York investment banker, had died. I mentioned this to the guy and was surprised to learn that he not only had seen the obituary, but he had already called the executors of the estate, to try to sell them some PLUS Notes.