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The Great Onion Scandal 

The History Guy: History Deserves to Be Remembered
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Onions are the only agricultural product where commodity futures cannot be traded in the United States. It all has to do with two men in Chicago, and a whole lot of onions.
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This is original content based on research by The History Guy. Images in the Public Domain are carefully selected and provide illustration. As very few images of the actual event are available in the Public Domain, images of similar objects and events are used for illustration.
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All events are portrayed in historical context and for educational purposes. No images or content are primarily intended to shock and disgust. Those who do not learn from history are doomed to repeat it. Non censuram.
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Script by THG
#history #thehistoryguy #food

Опубликовано:

 

4 апр 2024

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Комментарии : 698   
@johngregg5735
@johngregg5735 2 месяца назад
Onions scandals should not be leeked to the press.
@eileenspamer
@eileenspamer 2 месяца назад
@bartsanders1553
@bartsanders1553 2 месяца назад
Hey kid, beet it with the puns.
@BonnieBlue2A
@BonnieBlue2A 2 месяца назад
scandalous would be scallion-esque ?
@CAP198462
@CAP198462 2 месяца назад
Cheese, I’m getting tired of puns. Every comments section is just peppered with them.
@joshuabessire9169
@joshuabessire9169 2 месяца назад
Whey did you ❤️ him THG? You're just egging them on.
@ZeusTheIrritable
@ZeusTheIrritable Месяц назад
Is it weird that I would rather watch a short documentary about onion futures trading than nearly any network produced TV show?
@katiesiouxlamoureaux7757
@katiesiouxlamoureaux7757 Месяц назад
Nope,I totally agree
@rocarr180
@rocarr180 Месяц назад
❤️🙏
@ambercrombie789
@ambercrombie789 Месяц назад
No. "Wisdom is known by her children".
@danstevens2204
@danstevens2204 28 дней назад
That’s why we are here 👍🏻
@daveburklund2295
@daveburklund2295 2 дня назад
We're all weirdos here.
@JonesNate
@JonesNate 2 месяца назад
4:15 -- "But the market for butter spread thin..." Funny guy. -_-
@ouroboris
@ouroboris 2 месяца назад
He definitely has a way with words 😆
@Sniperboy5551
@Sniperboy5551 2 месяца назад
His alliteration is also beautiful, his scripts are like poetry at times
@Russia-bullies
@Russia-bullies 2 месяца назад
As I spread them thick,I don’t get why the guy is funny.
@garandm1d
@garandm1d 2 месяца назад
... Spread thin... Eggs in one basket...That's why I love the history guy...
@Bbbuddy
@Bbbuddy 2 месяца назад
So much fun has started with “two guys in Chicago.”
@Metalkatt
@Metalkatt 2 месяца назад
It’s A Hundred And Six Miles To Chicago. We Got A Full Tank Of Gas, Half A Pack Of Cigarettes. It's Dark, And We're Wearing Sunglasses
@NoBSRecoverfacts
@NoBSRecoverfacts Месяц назад
Cringe
@ZeusTheIrritable
@ZeusTheIrritable Месяц назад
@@Metalkatt Hit It.
@nancybaumgartner6774
@nancybaumgartner6774 29 дней назад
That, and “Florida man…”
@davidkaplan2745
@davidkaplan2745 2 месяца назад
You rapscallion, you.
@ElementofKindness
@ElementofKindness 2 месяца назад
_"If making money is a crime, then I'm guilty."_ He didn't make money. He extorted money.
@EddieVBlueIsland
@EddieVBlueIsland Месяц назад
Only because dishonest people believed him
@paulthiessen6444
@paulthiessen6444 Месяц назад
@@EddieVBlueIslandgreedy people anyways
@bobbsurname3140
@bobbsurname3140 Месяц назад
​@@EddieVBlueIslandWere the onion farmers who didnt want their crop to become worthless dishonest?
@AdamBechtol
@AdamBechtol 28 дней назад
Good point.
@lisaboban
@lisaboban 2 месяца назад
It takes a real talent to make commodity trading and onion farming into a fascinating story. Well done, sir.
@pilotjoe4010
@pilotjoe4010 2 месяца назад
You could say it has layers…
@lisaboban
@lisaboban 2 месяца назад
@@pilotjoe4010 So many layers ☺️
@Dogdrule
@Dogdrule 2 месяца назад
Honestly, Planet Money did an episode on it years back that has stuck with me more than any other in a catalog of many hundreds of episodes. It's a fascinating tale despite seemingly dry elements like commodity trading and futures
@jackmanatee3162
@jackmanatee3162 2 месяца назад
We have an odd, kind of family heirloom. It's a still life painting of onions. The story goes that the painting belonged to a railroad VP in California who loved onions but for whatever reason could not eat them. Apparently the VP was a distant relative of the family. The painting was given to my father when he was a young man working in machining factory in the years before WWII. An odd story? Yes, and I've always doubted it's veracity. However it's a very nice painting. 😄
@drewzero1
@drewzero1 2 месяца назад
That's fascinating! I can't eat onions and neither can my mother. I don't think I've heard of anyone outside my family that reacts to them.
@jaymzx0
@jaymzx0 2 месяца назад
I love family stories like this.
@elizabethsohler6516
@elizabethsohler6516 2 месяца назад
@@drewzero1 I have a friend who can't eat onions. I believe he has diverticulitis.
@wheressteve
@wheressteve 2 месяца назад
A multi layered family onion painting mystery sounds nice, we're still trying to find out what happened to Dad after he went to the store for cigarettes in 1973.
@wheressteve
@wheressteve 2 месяца назад
Ji.bo.... 9
@skyden24195
@skyden24195 2 месяца назад
So glad The History Guy mentioned, "Trading Places" because that movie immediately came to mind when discussing "future's commodities."
@jburron
@jburron Месяц назад
Commodity futures.
@thefoxfireworkshop
@thefoxfireworkshop 11 дней назад
And he led us right into it with “pork bellies” and “frozen orange juice.” I love that movie! It's a lot of fun.
@g3heathen209
@g3heathen209 2 месяца назад
Mortimer and Randolph Duke would be proud.
@DavidHBurkart
@DavidHBurkart 2 месяца назад
Wouldn't that actually be Louis and Billy-Ray? Morty and Randy didn't recover from that until the 1990's following a windfall gift from a foreign prince!! 😂😂😂
@user-uo2gn7lc6y
@user-uo2gn7lc6y 22 дня назад
😂 😂 😂
@timothysworld1028
@timothysworld1028 2 месяца назад
The most-accepted Chicago meaning is a word that comes from the Algonquin language: “shikaakwa,” meaning “striped skunk” or “onion.” According to early explorers, the lakes and streams around Chicago were full of wild onions, leeks, and ramps. Appropriate that Chicago played such a huge part in this story.
@topherthe11th23
@topherthe11th23 2 месяца назад
@timothysworld1028 - Chicago was named by the Spanish after a line in a tragic love-poem wherein the hero realizes that though he loves a certain woman, they can never be together. So he says "You must go, Chica, go" (using "go" instead of "va" because it's in the border-dialect that briefly existed along the river that forms the border between Castile and Sussex).
@Foolish188
@Foolish188 2 месяца назад
Ramps...Oh do I want some ramps right now. Once found a large patch deep in the woods behind our house as a kid. I swore my family to secrecy about the location, but my Mother told several people. A year later they had all been stolen. I will die with the secret of the locations of my current patches.
@johnnixon4085
@johnnixon4085 2 месяца назад
​@Foolish188 I planted 100 bulbs 2 years ago. Last year I tasted a couple leaves. They're just coming up now, but I expect to be able to take enough leaves to make some ramp butter, and to hopefully get some seed to scatter. Hopefully next year I can take a few bulbs.
@tissuepaper9962
@tissuepaper9962 2 месяца назад
@@topherthe11th23 very few questions in etymology can be answered with the unwavering confidence you have put on display in your comment. It's foolish to accept either story as absolute fact, unless you can provide a definitive primary source (which I know you can't).
@topherthe11th23
@topherthe11th23 2 месяца назад
@@tissuepaper9962 I have a manuscript on parchment, dated 1460. Unfortunately it is in such delicate condition that even merely taking a photograph of it could be detrimental to its preservation. Subjecting it to public examination must remain out of the question for now. This means that the best evidence you can get is my assurance that the manuscript exists, since you can't get any evidence to the contrary. This makes you honor-bound to believe what it says. This is how scholarship works. Best evidence available. (I.e. not "best evidence imaginable" which may not be possible.)
@palehorseman8386
@palehorseman8386 2 месяца назад
I'm surprised that box office futures was even considered given how infamous Hollywood accounting is.
@skyden24195
@skyden24195 2 месяца назад
That is probably why it was considered, i.e., given how infamous Hollywood accounting is.
@dwbiggly6907
@dwbiggly6907 2 месяца назад
What’s better than French onion soup? Vampires love onions. My cousin vacationed in Transylvania for two weeks and wore a ring of garlic around his neck. The next year he returned to Transylvania but couldn’t find garlic to make a necklace. He made one out of onions. We never saw him again.
@robertsaget6918
@robertsaget6918 Месяц назад
This happened to my wife but in Spain. The last time I saw her she was walking away with two vampires wearing expensive suits who gave me a plane ticket home.
@mimisor66
@mimisor66 Месяц назад
He's probably still there, farming onions...😊
@Youser999
@Youser999 2 месяца назад
I wore an onion on my belt, which was the style at the time... 😂
@NelsonZAPTM
@NelsonZAPTM 2 месяца назад
Was it a brown onion? Or one of the white ones that was fashionable at the time?
@danwolf307
@danwolf307 2 месяца назад
Thank you!😂
@emceeboogieboots1608
@emceeboogieboots1608 Месяц назад
Here it is! Onya Abe 👍
@TTOS69
@TTOS69 Месяц назад
What. The. Fck. Are you from the 1800s??
@PhilWithCoffee
@PhilWithCoffee Месяц назад
I was looking for this lol
@constipatedinsincity4424
@constipatedinsincity4424 2 месяца назад
That last joke has me crying 😢 I don't know why!
@robertriteman3227
@robertriteman3227 22 дня назад
" the butter market had spread thin" such a great slip in line
@noneyabizz8337
@noneyabizz8337 2 месяца назад
Guy turned good later, that's not normally how bad onions work.
@guessundheit6494
@guessundheit6494 2 месяца назад
And south american drug lords put money into their communities. So what's your point?
@DavidHBurkart
@DavidHBurkart 2 месяца назад
😂😂😂
@eldorados_lost_searcher
@eldorados_lost_searcher 2 месяца назад
You could say that he had layers to his personality.
@BTScriviner
@BTScriviner 2 месяца назад
A lot of those robber barons/shady capitalists turn to philanthropy later in life.
@pgtv14
@pgtv14 Месяц назад
Steals a boatload of money and gives (some) of it away to boost his own reputation. Real nice guy he was -_-
@vinnynj78
@vinnynj78 2 месяца назад
I love that little nod to Trading Places at the end. On a side note people selling short on major films released in 2023 could have made a fortune.
@inthefade
@inthefade Месяц назад
Just shorting Disney world have been a good idea
@robertriteman3227
@robertriteman3227 22 дня назад
" the butter market had spread thin" such a great slip in line
@thetangieman3426
@thetangieman3426 2 месяца назад
Having grown onions at scale, actively traded commodities futures, and secretly desiring the cheat code to large piles of money this story is one of my all-time favorites, right up there with The Idles of March and the Manhattan Project.
@caturdaynite7217
@caturdaynite7217 2 месяца назад
One year Mom got me an onion for Christmas. I looked right at her and ate it raw. I still like onions and I learned a valuable lesson. Don't make Mama mad.
@peterestrada9420
@peterestrada9420 2 месяца назад
Since I was a kid, I have eaten onions, like apples, but ☝️covered with Mustard & Black Pepper; Tomatoes, as well🤤😋🤣
@peterestrada9420
@peterestrada9420 2 месяца назад
Salt & Watermelon 🍉 🧂 is pretty good too🤙😉
@poetryflynn3712
@poetryflynn3712 2 месяца назад
Ever hear of Vidalia onions? Supposedly they're sweet like apples!
@sooz9433
@sooz9433 2 месяца назад
​They are! ​@@poetryflynn3712 The ones that are as big around as softballs but only an inch or so tall are the best ones.
@tygrkhat4087
@tygrkhat4087 2 месяца назад
@@peterestrada9420 My dad did that.
@DutchBlackMantha
@DutchBlackMantha 2 месяца назад
So instead of preventing the same sort of market cornering to be done again, they just made it impossible for 2 very specific products.
@spvillano
@spvillano Месяц назад
And started an in-joke in the Adams family, where Gomez would comment on the price of pork bellies in multiple episodes.
@russcrawford3310
@russcrawford3310 2 месяца назад
Layers? ... like an ogre? ...
@skyden24195
@skyden24195 2 месяца назад
You know what else has layers? Parfaits. Everyone likes a parfait. Ask anyone if they'd like a parfait. Ain't no one gonna say, "No, I don't want no parfait."
@Maudit_Anglais
@Maudit_Anglais 2 месяца назад
Good one !
@Whatsinmygreygarage
@Whatsinmygreygarage 2 месяца назад
Cake! Cake has layers!
@spvillano
@spvillano Месяц назад
Ogres, onions, you mean smelly and make people cry?
@MrJamesjustin
@MrJamesjustin 2 месяца назад
"...the market for butter was spread thin"? Ahhaha 😂 Sir, only you could get away with that.
@robertriteman3227
@robertriteman3227 22 дня назад
as soon as he said i thought " genius"
@V.Hansen.
@V.Hansen. 2 месяца назад
I can’t imagine being a farmer and then stealing from all the other farmers knowing how hard it is to stay afloat. What an actual pos. Makes me sick
@jodyssey9921
@jodyssey9921 2 месяца назад
Ruthlessness is the most important quality if you want to be rich. That's why rich people are all assholes.
@advicepirate8673
@advicepirate8673 2 месяца назад
If only the rest of us were willing to give people like that the one time payment in lead that they deserve. But most of us are no better, we have a system wherein mice happily vote for cats in the delusional hope that they will one day become the cat.
@tissuepaper9962
@tissuepaper9962 2 месяца назад
@@jodyssey9921 you have to step on other people's faces to make it up the ladder to wealth. There's a good reason why Jesus told the young rich man to sell all his possessions and give to the poor, and why it is said that a camel can be more easily be drawn through the eye of a needle than can a rich man enter the kingdom of heaven. You can't get rich without screwing people, it's a simple fact.
@handimanjay6642
@handimanjay6642 2 месяца назад
It brought tears to my eyes at how you peeled this subject, sliced then diced its many layers.
@zyxw2000
@zyxw2000 Месяц назад
And then leeked the information to us.
@dom1310df
@dom1310df Месяц назад
It brings a tear to my eye that politicians can't put the same effort behind solving real problems as they did to stop trade in onion futures.
@mariabradley5585
@mariabradley5585 2 месяца назад
Lesson: Don't cry over spilled onions.
@CAMacKenzie
@CAMacKenzie 2 месяца назад
That Vincent Kosuga, he really knew his onions...
@pulaski1
@pulaski1 2 месяца назад
I'm not sure if there is a History Guy video to be made, but tobacco is the most valuable crop in the world for which there is no organized market or trading. I was briefly involved some years ago with one the largest tobacco brokers, which bought directly from farmers and sold to tobacco companies around the world. There is a lot more to supplying the different types of tobacco to the cigarette manufacturers than you could possibly imagine!
@ArchFundy
@ArchFundy 2 месяца назад
That dude sounds like a pirate to me. ^^
@TheHistoryGuyChannel
@TheHistoryGuyChannel 2 месяца назад
The Onion Pirate!
@juliao1255
@juliao1255 2 месяца назад
...After all, don't all good stories have pirates? (Sorry, but someone had to say it.)
@Pygar2
@Pygar2 2 месяца назад
@@TheHistoryGuyChannel This man really knows his onions!
@jonmccormick6805
@jonmccormick6805 2 месяца назад
@@juliao1255 Yes, and I was thinking it too!
@narveenaryaputri9759
@narveenaryaputri9759 2 месяца назад
Chicago MEANS Onion in the Fox and Mesquaki language. They are the same people who named the major river of America the Mississippi, a Fox and Mesquaki word which means Plenty Of Fish.
@honodle7219
@honodle7219 2 месяца назад
This story brought tears to my eyes.
@robertriteman3227
@robertriteman3227 22 дня назад
" the butter market had spread thin" such a great slip in line
@hobbyfarmer62
@hobbyfarmer62 2 месяца назад
I have always looked on futures trading as a sort of scam as it just seems to susceptible to stuns like this one.
@Foolish188
@Foolish188 2 месяца назад
A very useful scam. For both farmers who can sell at a guaranteed profit and buyers who can buy at a guaranteed price, eliminating their risk of a higher price. Speculators provide the liquidity for the farmers and buyers.
@spvillano
@spvillano Месяц назад
Interestingly, just last week, Trump Media filed a complaint with the SEC claiming some mystery party was short selling Truth Social to manipulate the prices of their stock. Totally has to be true, can't be that a company that's losing tons of money has an overinflated stock value... Still, gambling and the stock market, ever a match made in the realm of the afterlife, such gambling working out ever so well in the 1920's.
@user-oh2hs6jh5x
@user-oh2hs6jh5x 2 месяца назад
Welcome to class. The mid-term has been cancelled. Enjoy the weekend.
@CAP198462
@CAP198462 2 месяца назад
But I spent all night studying for it 😢.
@JeffreyGlover65
@JeffreyGlover65 2 месяца назад
​@@CAP198462I was gonna cheat off your answers...🤔
@davea6314
@davea6314 2 месяца назад
​@@JeffreyGlover65 You're suspended from school. 😜
@danstotland6386
@danstotland6386 2 месяца назад
Gee Thanks!
@joshuabessire9169
@joshuabessire9169 2 месяца назад
I have some apples, would you like to buy them? Yes, please. That's how hard it should be to operate a Business. Also, dueling should be brought back. You might be able to say "buy my onions or else" 1 or 2 times but by number 10 you're surely missing an ear.
@m39fan
@m39fan 2 месяца назад
Lance is in fine form today.....
@topherthe11th23
@topherthe11th23 2 месяца назад
I'd heard of this but was waiting for an expert to peel back all the layers. Speaking of layers, the infinitely tangled complexities affecting egg-production are the reason the earlier commodity-trading in eggs mentioned from 3:53 to 5:00 died out. Every investor lacked the ability to digest all the layers in the egg-business.
@timinwsac
@timinwsac 2 месяца назад
I'm surprised that Vince didn't end up sleeping with the onions.
@BrilliantDesignOnline
@BrilliantDesignOnline 2 месяца назад
Sounds like he made more enemies than profits.
@Wordmama
@Wordmama 2 месяца назад
Now I can't get the smell of rotting onions out of my mind ...
@Linusgump
@Linusgump 2 месяца назад
I was thinking the same thing. 🤮
@alcedob.5850
@alcedob.5850 Месяц назад
aw heck, got a flashback from 2020 when for like 3 months the only stink I could feel was the stink of rotting onions
@tricotdiko1435
@tricotdiko1435 2 месяца назад
I think Chicago means “Smells like onions” in local native tongue.
@Torby4096
@Torby4096 2 месяца назад
Even more, bad smelly onions.
@BrilliantDesignOnline
@BrilliantDesignOnline 2 месяца назад
One of your best, definitely top ten. Can you imagine over 1000 gondola cars full of onions? I have ridden in a gondola car full of sweet potatoes. At about 50 feet long, that is about 9.5 miles long.
@NoahSpurrier
@NoahSpurrier 2 месяца назад
I had a friend who was a chef. I once asked him what’s the most important vegetable. He said onions.
@danktankdragkings7117
@danktankdragkings7117 2 месяца назад
as a professional prep cook 100% onion.
@stevenschnepp576
@stevenschnepp576 2 месяца назад
Beyond a shadow of a doubt. Just look at how many recipes are ruined without it, and how few substitutes for it there really are.
@goodun2974
@goodun2974 2 месяца назад
Louisiana cooking relies upon what they call the Trinity: onion, celery and bell pepper.
@wisecoconut5
@wisecoconut5 2 месяца назад
Totally. I am just an average home cook, but I keep 3 or 4 kinds of onions on hand all the time. Sweet, purple, yellow, leeks ( when available), and green onions. But shallots are great, too.
@tygrkhat4087
@tygrkhat4087 2 месяца назад
When I was a dishwasher, I hated to clean the bowls of French onion soup. I asked the chef why we served it, he said it cost $0.50 to make and we charged $8.50 a bowl.
@thefixerofbrokenstuff
@thefixerofbrokenstuff 2 месяца назад
My hat is of to you, the king of dad jokes.
@luannnelson547
@luannnelson547 2 месяца назад
Here’s a butter and onion related experience for you: I grew up on a dairy farm in Georgia. My father and grandfather farmed together and had about 330 dairy cows. One unfortunate day, the cows broke down a fence and got into a neighbor’s empty field, which was rife with wild onions. Cows LOVE wild onions, but the resulting milk - pee-ew. Three days of milk had to be discarded, until all traces of onion smell were gone. I will never forget the odor and appearance of the curdled milk in the two big tanks, which as I recall held 3,000 and 5,000 gallons respectively. I still cannot eat French onion dip.
@RonaldFigura
@RonaldFigura Месяц назад
The most-accepted Chicago meaning is a word that comes from the Algonquin language: “shikaakwa,” meaning “striped skunk” or “onion.” According to early explorers, the lakes and streams around Chicago were full of wild onions, leeks, and ramps.
@CheshireTomcat68
@CheshireTomcat68 2 месяца назад
Man, this guy sure knows his turnips.
@BasicDrumming
@BasicDrumming 2 месяца назад
I appreciate you and thank you for making content.
@scotto9591
@scotto9591 2 месяца назад
I really appreciate all the puns you sprinkled throughout this clip. Thank you for all that you do. We learn so much from you😊
@afigzr
@afigzr Месяц назад
Thanks for another great video HG
@mellissadalby1402
@mellissadalby1402 2 месяца назад
Mr. Lance, I must say that you MORE THAN earn my devotion to your channel every week. You must be a tireless researcher to document so many stories so well with nary a break. I am truly in awe.
@braxtonnelson5375
@braxtonnelson5375 2 месяца назад
It's official: The History Guy can make any subject ap-peel-ing, no matter how many layers he has to unwrap.
@So-CA_NV_AZ82
@So-CA_NV_AZ82 2 месяца назад
Hey THG, my first time commenting. Love the Channel, great videos. This was a great video, super informative. I love onions, keep up the great content
@earllutz2663
@earllutz2663 2 месяца назад
Thank you again THG for another history lesson, this time on the onion. I am always impressed with your historical research.
@rickhobson3211
@rickhobson3211 2 месяца назад
Fantastic episode! The ending elicited a healthy chuckle! Thank you for all your hard work getting to the root of the issue! You are no dim bulb!
@psivewri
@psivewri Месяц назад
Take a shot every time there’s a food related pun
@carguybikeguy
@carguybikeguy 2 месяца назад
4:23 I am commenting in the middle of the piece to express how delighted and amused I am by your well-placed and accurate puns. Thank you. You remind me of my HS physics teacher. All the dad-joke punny humor one could stomach and I was all there for it. Keep it up!
@parrotraiser6541
@parrotraiser6541 2 месяца назад
Shorting has a finite reward, while it has a potentially infinite loss.
@WYO_Dirtbag
@WYO_Dirtbag 2 месяца назад
Shrek would not approve of what these two guys did to mess up the onion market.
@andrewkillham3946
@andrewkillham3946 2 месяца назад
This story brings tears to my eyes
@captbad9313
@captbad9313 2 месяца назад
Clever, thank you for the laugh and smile.
@johnshinn6274
@johnshinn6274 2 месяца назад
This is my favorite channel. You’re the best. Have a great day and God bless you.
@edkeaton
@edkeaton 2 месяца назад
My best friend thought that he was so smart. He said to me that onions were the only food that made you cry...then I threw a coconut at his face! 😂🧅🥥
@costrio
@costrio 2 месяца назад
Onions with steak and mushrooms?...Yummy! Cue the Susan Christie song, "I Love Onions?"
@ProctorsGamble
@ProctorsGamble 2 месяца назад
Another fascinating, well researched and cited story!
@edwardschneider2716
@edwardschneider2716 2 месяца назад
Well done. Very interesting topic. Especially as I plant our own onions in 2024
@jdavid50
@jdavid50 2 месяца назад
That was a delightful story. Thanks for sharing it.
@adrianbooth438
@adrianbooth438 2 месяца назад
But it was the style at the time!
@RechtmanDon
@RechtmanDon 2 месяца назад
One of the best editions!
@narveenaryaputri9759
@narveenaryaputri9759 2 месяца назад
Delightful ! Absolutely delightful! Thank you specially for this one !
@anthonini66
@anthonini66 Месяц назад
Two of my great passions coming together, onions and scandals.
@werre2
@werre2 Месяц назад
Somehow I'm not surprised that this happened in Chicago
@williamdavid3933
@williamdavid3933 2 месяца назад
Per usual I read the title of your episode and go wow how is that going to be interesting and then you go ahead and blow my mind about onions.
@LouSlade
@LouSlade 2 месяца назад
What a wild ride about onions of all things. You sir, have a gift for making even the most obscure topics riveting.
@dennisclapp7527
@dennisclapp7527 12 дней назад
Thanks History Guy!
@kenneybis1097
@kenneybis1097 Месяц назад
Amazing video brought a tear to my eye.
@anonymous7386
@anonymous7386 2 месяца назад
Hang on: the Ferris Beuller movie had a running joke referencing "The Sausage King of Chicago" - was that a reference to this guy? I never knew.
@TheHistoryGuyChannel
@TheHistoryGuyChannel 2 месяца назад
Chicago has a lot of kings…
@gloriamontgomery6900
@gloriamontgomery6900 2 месяца назад
It was this guy who killed his wife and put her in a vat of acid in his sausage factory. They found a ring and her false teeth which were enough to identify her
@mrdanforth3744
@mrdanforth3744 2 месяца назад
There was a screwball comedy called The Palm Beach Story that had a character called The Weenie King who made his fortune manufacturing weenies.
@lawrencegoldworm
@lawrencegoldworm 2 месяца назад
Excellent video with great puns!!
@ericmintz8305
@ericmintz8305 2 месяца назад
When I was in college (between the fall of 1966 and spring of 1970), there was a Great Winter Onion Shortage. The price of onions shot up, then they disappeared from the shelves. You couldn't get one for love nor money. It was a great day in the morning when they returned. Does anyone else remember this?
@jaymondy
@jaymondy Месяц назад
They have all been good but this hits different.. well done! 👏👏
@kellybasham3113
@kellybasham3113 2 месяца назад
Love your videos
@guillermorodriguez836
@guillermorodriguez836 Месяц назад
14:34 FCOJ but Pork Bellies were also part of the plot when Valentine was tested on when and what price to sell.
@sallythekolcat
@sallythekolcat 16 дней назад
Seattle's Pike Place market started when onions went from .10 to 1.0 and the housewives rioted. The public market connected farmers to consumers and skipped grocery price gouging.
@valeriehowden471
@valeriehowden471 2 месяца назад
Trading Places is one of my favorite movies.
@JimDean002
@JimDean002 Месяц назад
I'm sure this video is Billy Ray Valentine approved
@matta5498
@matta5498 2 месяца назад
Brilliant! Caveat Emptor!
@milosterwheeler2520
@milosterwheeler2520 2 месяца назад
All those onions dumped into the Chicago River must have been a interesting story in themselves.
@staninjapan07
@staninjapan07 Месяц назад
What a fascinating look at onions, one of my favourite versatile vegetables. Thanks a lot.
@djay6651
@djay6651 Месяц назад
I don't which is greater, THG's love of history or making dad jokes.😅
@thomasmacdiarmid8251
@thomasmacdiarmid8251 Месяц назад
A possible topic for another video - I long ago read in a book that in the 1800s, an investor set about cornering the market for rags used in making paper, but that just as he was completing a major step in the process, wood-pulp paper was made available and the market for rag paper was hopelessly undercut. I have not been able to find further information, and it may be an apocryphal warning story.
@stevencooper2464
@stevencooper2464 2 месяца назад
A shining example of why Human greed needs to be regulated; heavily regulated, for the benefit of society as a whole.
@paulweeldreyer7457
@paulweeldreyer7457 20 дней назад
Regulation makes things more expensive.
@spankduncan1114
@spankduncan1114 2 месяца назад
What's the difference between an onion and an accordion? No one crys when you cut up an accordion.
@odetomy
@odetomy Месяц назад
I never knew there was an onion stock market scandal. lol. I a learning so much from these videos. Thank you so much for making these.
@VetsrisAuguste
@VetsrisAuguste 2 месяца назад
Every time someone is getting rich, you can guarantee someone somewhere is getting screwed, being exploited or is indentured to make it possible.
@johnfun3394
@johnfun3394 2 месяца назад
I always wished I was smarter, never outsmarted anyone in my whole life.
@user-wi9hv2pb2q
@user-wi9hv2pb2q 4 часа назад
"tear to your eye" terrible. 😂
@jamesengland7461
@jamesengland7461 Месяц назад
Onions, salt, butter, eggs. Are you trying to make me hungry? Are you begging the question of bacon?
@zyxw2000
@zyxw2000 Месяц назад
The four food groups. Onions, salt, butter, eggs.
@helenel4126
@helenel4126 Месяц назад
I'm sure this has been said, but this episode had me weeping.
@nautilusshell4969
@nautilusshell4969 10 дней назад
I worked in futures operations for about 25 years. I was aware that Gerald Ford had sponsored the legislation to ban onion futures sales and that the background related to market manipulation of onion futures prices. Pity that the senior management at Barings' Bank hadn't understood some of the lessons of the story. Those are only 2 of the futures-related scandals I'm aware of. I once visited the old floor of the Chicago Board of Trade (the OTHER exchange in Chicago), and was shown the desks with some wheat grain samples sitting at the back of the drawers from years previously.
@harryschaefer8563
@harryschaefer8563 Месяц назад
I often traveled with my family on the way to Port Jervis New York, through Pine Island New York, a town known for growing onions, in a broad flat valley of pure black soil. Listening to this episode, I wondered if Pine Island would be mentioned, and was not disappointed. The area is quite beautiful, and it is amazing how black the soil is.
@texasdustfart
@texasdustfart 2 месяца назад
I love how you mentioned the Abilene Reporter News as that is my local Newspaper.
@russwoodward8251
@russwoodward8251 2 месяца назад
Thanks History Guy and team. I like to buy local onions from the roadside stand.
@flaviocatarino4328
@flaviocatarino4328 2 месяца назад
i have loved all the puns in your video. Keep the good pun'ishment going.
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