Friday, November 22, 2019

Surviving Art of the Difficult 1870s

Anonymous Maker
Mantel Ornaments
ca. 1870
glass
Art Institute of Chicago

Jean-Baptiste-Camille Corot
Interrupted Reading
ca. 1870
oil on canvas
Art Institute of Chicago

Berthe Morisot
Woman at her Toilette
ca. 1875
oil on canvas
Art Institute of Chicago

Antonin Mercié
Gloria Victis
ca. 1873
bronze statuette
Art Institute of Chicago

Ernest Meissonier
The Defense of Paris
1870-71
oil on panel
Art Institute of Chicago

Henri Fantin-Latour
Still Life - Corner of a Table
1873
oil on canvas
Art Institute of Chicago

"These monetary crises in the fall of 1873 were followed by a world-wide depression which lasted almost until the end of the decade.  . . .  There was, at the time, the usual disagreement as to the causes of the depression and the remedies which should be applied.  . . .  The Dutch found that the fall in the price of German vinegar was an important contributing cause, while excessive speculation, the falling off in the production of wine, and the disappearance of fish from the coast of Brittany were among the causes advanced by the French.  In 1885, a British Royal Commission succeeded in reducing the major causes to six, one of which was overproduction.  And it is interesting to note that the Oxford Prize Essayist for 1879 already had found the "real and deep-seated cause" in the fact that "the whole world is consuming more than it has produced."

"In retrospect, it appears that the crises were largely traceable to the financial excesses which had characterized the five or six years preceding 1873.  Governments and individuals borrowed to finance undertakings of almost every sort, especially railroad construction.  The United States, Turkey, Egypt, and South American were supplied with funds from England, which loaned over 1.5 billion dollars in the brief period 1870-74; while Russia, Austria, and Italy were supplied chiefly by Germany, to whom France paid a war indemnity of five billion gold francs between 1871 and 1873.  With the first scare, both stock and commodity prices fell, bonds went into default, over-extended bankers failed, and credit began to contract." 

– from The Depression of 1873-79 by O.V. Wells (Journal of Farm Economics, May 1937)

Auguste Renoir
Lunch at the Restaurant Fournaise (The Rowers' Lunch)
1875
oil on canvas
Art Institute of Chicago

Edward Burne-Jones
Perseus and Andromeda
(study for The Doom Fulfilled)
1875
gouache on board
Art Institute of Chicago

Auguste Rodin
The Age of Bronze
1875-76
bronze (life size)
Cleveland Museum of Art (Ohio)

Charles Gifford Dyer
Seventeenth-Century Interior 
1877
oil on canvas
Art Institute of Chicago

Paul Cézanne
Plate of Apples
ca. 1877
oil on canvas
Art Institute of Chicago

Camille Pissarro
At the Window, rue des Trois Frères
1878-79
pastel
Art Institute of Chicago

John Warrington Wood
Rebecca
1878
marble (half life-size)
Metropolitan Museum of Art, New York

Edgar Degas
Portrait after a Costume Ball (Portrait of Madame Dietz-Monnin)
1879
pastel and distemper on canvas
Art Institute of Chicago