Thomas W. Lawson, with his America’s Cup entry “Independence,” and Nathanael G. Herreshoff with his America’s Cup entry “Constitution,” console each other after their yachts initially were denied entry in the America’s Cup challenge in 1901.

comments and context

Comments and Context

Thomas W. Lawson was a wealthy American financier born into poverty and, ironically, lived in poverty when he died. One of his passions was yacht racing. He balked at the requirement to join the New York Yacht Club in order to race his yacht “Independence” in the 1901 America’s Cup. Several years after this cartoon, the rebellious Lawson wrote a series of magazine articles, “Frenzied Finance,” discussing corruption among the business class “from the inside,” and became one of the early Muckrakers. This cartoon is a snapshot in time: Nathaniel Greene Herreshoff built the yacht “Constitution” for J. P. Morgan. It encountered initial problems in registering for the race, but eventually the “Constitution” was ratified, raced, and won the America’s Cup in 1901, the second cup for a boat designed and built by Herreshoff.

Collection

Library of Congress Prints and Photographs

Creation Date

1901-09-25

Creator(s)

Pughe, J. S. (John S.), 1870-1909

Period

U.S. President – 1st Term (September 1901-February 1905)

Repository

Library of Congress Prints and Photographs Division

Page Count

1

Record Type

Image

Resource Type

Cartoon

Rights

These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.

Citation

Cite this Record

Chicago:

“Misery loves company”. [September 25, 1901]. Library of Congress Prints and Photographs.
https://www.theodorerooseveltcenter.org/digital-library/o276151. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Pughe, J. S. (John S.), 1870-1909. “Misery loves company”. [25 Sep. 1901]. Image.
Library of Congress Prints and Photographs. Theodore Roosevelt Digital Library. Dickinson State University. April 2, 2026. https://www.theodorerooseveltcenter.org/digital-library/o276151.

APA:

Pughe, J. S. (John S.), 1870-1909., [1901, September 25]. “Misery loves company”.
Library of Congress Prints and Photographs. Theodore Roosevelt Digital Library. Dickinson State University.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o276151.

Cite this Collection

Chicago:

Library of Congress Prints and Photographs. https://www.theodorerooseveltcenter.org/collection/library-of-congress-prints-and-photographs. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Library of Congress Prints and Photographs. Theodore Roosevelt Digital Library. Dickinson State University. April 2, 2026. https://www.theodorerooseveltcenter.org/collection/library-of-congress-prints-and-photographs.

APA:

Library of Congress Prints and Photographs. Theodore Roosevelt Digital Library. Dickinson State University. Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-prints-and-photographs.