The Man With a Dream… Who Shared It With the World
On the morning of April 4, 1968, Martin Luther King Jr. slept late. In the afternoon, he joked with his companions, taunting them into a pillow fight in his motel room.
An hour later, he stepped onto the balcony of his room and paused a second, debating inwardly whether to take a jacket.
Somewhere off to his right, James Earl Ray brought the crosshairs of his rifle sights onto King’s neck and squeezed the trigger.
It was the end of a life… and the beginning of a powerful legacy.
This week millions of Americans will pause to remember and celebrate the life and achievements of Martin Luther King Jr., the 20th century’s most influential civil rights activist.
King spoke passionately, wrote persuasively, and led countless marches and sit-ins, crying out for justice for oppressed minorities in the United States.
In 1963, he was Time magazine’s Man of the Year. The following year, he was awarded the Nobel Peace Prize at 35, the youngest Peace Prize winner ever.
In 1977, he was posthumously awarded the Presidential Medal of Freedom, the nation’s highest civilian honor.
Like Washington, Jefferson and Lincoln, King was unequivocally the right man in the right place at the right time. It wasn’t just that Blacks were systematically denied equal rights and opportunities. There were the daily humiliations as well.
As a boy in the Deep South, King was regularly shooed away from white stores, white restaurants, white bathrooms, even white water fountains.
On a long return bus trip from a debating contest, he and his teacher were told to stand so that white passengers could sit.
In a downtown department store, a matron once slapped him, complaining, “The little n—– stepped on my foot!”
King later recounted that he became determined to hate every white person. But his father, a Christian minister, taught him otherwise. (Though he too chafed at the indignities.)
When his father was stopped by a traffic policeman who addressed him as “boy,” the senior King pointed to Martin on the seat beside him and snapped, “That’s a boy. I’m a man.”
On another occasion, the two were told by a shoe clerk that Black people could be served only in the rear of the store. His father grabbed the boy’s hand. “We’ll either buy shoes sitting here or we won’t buy any shoes at all.”
America was two societies, separate but unequal.
Yet King became convinced that racial hatreds were driven not by individual convictions but by attitudes deeply ingrained in society. He made it his mission to change those attitudes. And he insisted it could only be done without violence.
His commitment to peaceful change came from three primary sources.
The first was the Gospel. The second was Henry David Thoreau’s theory of nonviolence, famously articulated in his essay “Civil Disobedience.” The third was the nonviolent thoughts and actions of Mohandas Gandhi with his strikes, boycotts and mass marches against British colonial rule.
Following these examples, King urged his followers to stand up to taunts, threats and harassment – not to mention clubs, police dogs and water cannons – with peaceful resistance. It wasn’t easy.
One evening, a bomb exploded on the front porch of his house, wrecking the front parlor. King rushed home to find his wife, Coretta, and their infant daughter safe in a back room.
The street and his yard were quickly filled with more than 300 angry Blacks, many armed with guns and knives.
Sirens wailed. Skirmishes broke out with police. Reporters and onlookers pressed in, adding to the pandemonium.
Yet standing on the shattered glass and rubble of his front porch, King raised his hand and shouted, “We are not advocating violence! We must love our white brothers no matter what they do to us. Love them, and let them know you love them.”
To King, forgiveness was not an occasional act. It was a permanent attitude.
Today he is best recognized for his civil rights activism. But the Baptist minister really fought for something more. His goal was nothing less than the moral reconstruction of American society.
He became an outspoken opponent of the war in Vietnam. Blacks were disproportionately serving and dying in the conflict and, in a television interview, Mike Douglas asked King whether his opposition to the war might be misinterpreted.
King replied that he hoped not, since he opposed any American fighting and dying in a senseless war.
Watching film clips of Dr. King this week, I marveled again at his courage and intellect, his calm demeanor, his sense of hope.
King insisted we all have an amazing potential for good, that there exists in each of us a natural identification with every other human being, and that if we diminish others, we diminish ourselves.
Enjoy the day… and celebrate the man,
About Alexander Green
An expert on momentum investing, value investing and investing based on insider activity, Alex worked as an investment advisor, research analyst and portfolio manager on Wall Street for 16 years. He now runs the wildly successful Oxford Communiqué, ranked as one of the top investment newsletters by Hulbert Digest for more than a decade. He is also the author of four national best-sellers: The Gone Fishin’ Portfolio, The Secret of Shelter Island, Beyond Wealth and An Embarrassment of Riches. He shares his wisdom in his free daily e-letter, Liberty Through Wealth.