The Fish that Ate the Whale: The Life and Times of America’s Banana
King
By Richard Cohen
In 1910, Sam “the Banana Man”
Zemurray, head of Cuyamel Fruit Company, orchestrated a coup against the
government of Honduran president Miguel Dávila. Zemurray provided guns, money,
and a former US naval warship to former president Manuel Bonilla. The Cuyamel
Fruit Company owned plantations in Honduras and shipped bananas to the United
States on its own fleet of ships. Success in the volatile banana business
relied on bribes and kickbacks to the Honduran government, keeping the cost of business
low and the profit margins high. When the United States agreed to a treaty with
President Dávila to administer Honduras’s staggering national debt, Zemurray’s
business was in danger. With the J.P. Morgan Company’s agents assigned to
Honduran customs houses collecting taxes on Cuyamel exports, Zemurray would be
taxed out of business. Secretary of State Philander Knox warned Zemurray not to
interfere in Honduras, but Zemurray proceeded with the coup anyway. When
Bonilla came to power, he voided the deal with the U.S., protected Zemurray’s
interests, and allowed Honduras’s crippling debt to continually plague the
nation.
Richard Cohen begins his lively
biography of Zemurray with this anecdote highlighting the extent that Zemurray,
an immigrant from present day Moldavia, would go to protect his business and
his own interests. Cohen emphasizes how Zemurray’s meteoric rise from impoverished
immigrant to the “Banana Man” embodies the equally inspiring and dispiriting
nature of the American dream. Zemurray began his career by seizing upon the
untapped potential in the banana market: ripe bananas. In the last quarter of
the 19th century, importers discarded ripe bananas because they
would turn bad before they could reach distant markets. Zemurray bought up the
ripe bananas, arranged a delivery deal with a local railroad, and made a
fortune. Zemurray soon bought banana plantations, banana boats, and anything
and everything related to the production of bananas. Making himself into a
banana mogul required payoffs to local governments, buying land from natives on
the cheap, and other morally ambiguous behaviors endemic to capitalistic
enterprise In 1930, Zemurray sold Cuyamel to United Fruit Company. Several
years later, Zemurray orchestrated another coup, this time to seize control of
United Fruit. He saved it from the disastrous management that nearly ruined the
company during the Great Depression. Zemurray succeeded in turning United Fruit
around. In 1961, Zemurray died a rich man with a troubled legacy.
Cohen’s book has two great
strengths. The first is the fascinating life story of Zemurray with his
impoverished roots, his rise, and his moral compromises necessary to stay on
top, and his later in life devotion to philanthropy. Second, Cohen’s energetic
and sarcastic prose makes for an enjoyable read. The first sentence of the book
sets the tone for the rest, “Sam Zemurray spoke with no accent, except when he
swore, which was all the time” (3). At 242 pages, with some padding*, the book
reads quickly. I finished it in a few hours of reading. Cohen also offers his
own thoughts and insights into Zemurray’s life, recalling his own efforts to
grow a banana in Connecticut, his attempts to imagine and understand the banana
plantations of Central America, and a hilarious footnote about a New Orleans
policeman refusing to take Cohen into the Iberville Projects, “’cause the sun
is going down and I love my kids” (245). He also enlightens the reader on the emergence
of the banana into the American marketplace in the late 19th century
and how the foreign fruit (Cohen argues that the banana is in fact a berry)
became a quintessential staple of the American diet. He also provides insight
into the different types of bananas and their unique features. In any specific
type of banana, all of the bananas are clones of each other—making them uniform
but also susceptible to disease. Zemurray made his fortune importing the Big
Mike banana, a type that died out in the 1960s. Today’s bananas are of the
Cavendish variety and those will soon go extinct as well. The book takes a few
diversions into the history of United Fruit’s activities in the 1950s and
Zemurray fades into the background. This shift of focus leaves the
responsibility that Zemurray had for the CIA’s or United Fruit’s activities in
Central America in the 1950s unclear. He also makes several factual errors about
the early history of the CIA that I was only aware of because I just read a
biography of the founder of the Office of Strategic Services.**
Overall Cohen’s book succeeds as an
entertaining and educating summer read.
*most notably skipping a whole page before starting a new
chapter
** He incorrectly states that the OSS was not dissolved at
the end of World War II. It was. The CIA was not created until 1947. Secondly
he identifies Walter Bedell “Beetle” Smith and Allen Dulles as the 1st
and 2nd Directors of Central Intelligence, they were the 4th
and 5th.
No comments:
Post a Comment