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Welcome to The Washington D.C. Newsletter!

In today’s edition:

• Emergent to receive $50M from J&J to settle Covid-19 vaccine contract dispute.

• Upcoming Savannah Bananas match

• A deep-dive into the life of Matthew Alexander Henson

• And more…

Quote of the Week

“Go as far as you can see; when you get there, you’ll be able to see further.”

—Thomas Carlyle

Sponsored

Yes, this platform’s 77% return is an outlier – but the rest may surprise you

The news is true: Masterworks’ 15th sale just weeks ago returned an impressive 77% to investors. While such a high return is an outlier for the blue-chip art investing platform, you might be wondering what their prior sales delivered. Glad you asked… 

Every one of their sales has returned a profit to investors, with 12 of them delivering double-digit returns, and 1 delivering triple-digit annualized returns. 

In full, Masterworks has over 300 paintings and their 16 exits have delivered: 32%, 39.3%, 36.2%, 27.3%, 9.2%, 33.1%, 21.5%, 17.8%, 13.9%, 35%, 10.4%, 325.5%, 4.1%, 17.6%, 77.3%, and 13.4% net annualized returns. 

Every sale but one outperformed the stock market in the period from when it was offered to when it was sold. 

With performance like that, offerings on the platform can sell out in minutes. However, Local News Newsletter readers can skip the waitlist to join with this exclusive link.

Trivia

Here is your trivia question of the week. The answer will be shown in next week’s newsletter. Which do you think it is? No cheating!

What is the name of the garden located behind the Smithsonian Castle, known for its elaborate themed gardens and outdoor sculpture museum?

A) The National Arboretum

B) The United States Botanic Garden

C) The National Garden

D) The Enid A. Haupt Garden

Answer to Week 25's Trivia:

The largest privately-owned museum in Washington DC, focusing on the news media and journalism, is A) The Newseum

News

💼 Business

Plan advances for 276-home community in Upper Marlboro. (Link)

Former Sport & Health Clubs owner strikes settlement over sale proceeds. (Link)

🏒 Sports

Sabalenka, Shelton, Tiafoe headline this year’s D.C. Open player field. (Link)

Medvedev’s upset over No. 1 seed Sinner sets up a semifinal against Alcaraz. (Link)

🏦 Finance

Emergent to receive $50M from J&J to settle Covid-19 vaccine contract dispute. (Link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports Events

⚽ American Series: United States vs. Scotland
Audi Field, Washington, DC
Friday, Jul. 12th | (More info)

⚾ The Firefighters at Savannah Bananas
Nationals Park, Washington, DC
Saturday, Jul. 13th | (More info)

Concerts

🎵 The Greeting Committee
9:30 Club, Washington, DC
Friday, Jul. 12th | (More info)

🎵 SoDown and Xotix
Soundcheck DC, Washington, DC
Saturday, Jul. 13th | (More info)

Family-Friendly Events

🎉 Kids World 2024
1315 I Street Northwest, Washington, DC
Saturday, Jul. 27th | (More info)

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “Washington DC celebrating a futuristic international festival” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

Washington D.C. Historical Events

Fall of the Berlin Wall (1989) - Celebrated in D.C., symbolizing the end of the Cold War.

In Washington D.C., the Fall of the Berlin Wall in 1989 stands as a momentous event that is both celebrated and remembered as a pivotal point in the history of the Cold War. This event, which symbolized the crumbling of the divisive barriers between East and West Germany, also marked the beginning of the end of a tense period of geopolitical strife between the United States and the Soviet Union. The fall of this iconic structure not only represented the liberation of East Germans but was also celebrated in Washington D.C. as a victory for democracy and a pivotal step towards global peace.

The events leading up to November 9, 1989, were closely monitored and celebrated in the U.S. capital, manifesting a blend of elation and anticipation for what this monumental shift could mean for international relations and world peace. As images of jubilant Berliners dismantling the wall piece by piece were broadcast across the world, Americans and Washingtonians alike gathered in public spaces to celebrate this historical moment. The U.S. government, which had long advocated for the end of communist control in Eastern Europe, saw the event as a validation of its policies and a significant moment in the thawing of Cold War tensions.

Today in Washington D.C., pieces of the Berlin Wall stand as powerful symbols of freedom and the triumph of democratic values over divisiveness and oppression. These segments, displayed in locations such as the Berlin Wall Memorial at Freedom Plaza and at the Newseum, serve not only as reminders of the past struggles but also as enduring symbols of hope and unity. They commemorate the collective desire for freedom that transcends geographical and ideological boundaries, marking the Fall of the Berlin Wall as a celebrated event in D.C. that signifies much more than the end of the Cold War; it signifies a timeless commitment to liberty and human rights worldwide.

Famous People From Washington D.C.

Matthew Alexander Henson (1866–1955)

Matthew Alexander Henson, an African American explorer, became a legendary figure through his unwavering determination, exceptional skills, and historic discovery of the North Pole alongside Robert Peary in 1909. His life story is a profound narrative of overcoming adversity, breaking racial barriers, and achieving extraordinary feats in the age of exploration.

Early Life and Maritime Beginnings (1866-1887)

Born in Charles County, Maryland, to sharecroppers who were free people of color, Henson faced adversity from an early age. Following the death of his parents, he moved to Washington D.C., a city that played a significant role in his formative years. At the age of twelve, he embarked on a maritime career that introduced him to global cultures and ignited his passion for exploration.

Introduction to Exploration (1888-1891)

Henson’s journey as an explorer began when he met Robert Peary, a civil engineer and naval officer dedicated to Arctic exploration. Recognizing Henson's exceptional navigational skills and resilience, Peary recruited him for his first expedition to Nicaragua. This collaboration marked the start of a lifelong partnership and friendship.

Bridging Polar Expeditions (1891-1909)

Over the years, Henson and Peary embarked on multiple expeditions to the Arctic. Henson mastered Inuit survival techniques, became fluent in their language, and garnered respect within the community. His expertise in dog sledding, navigation, and logistics were invaluable to the success of their missions, setting the stage for their ultimate goal: reaching the North Pole.

The North Pole Expedition (1909)

On April 6, 1909, Henson, Peary, and four Inuit men reached what they determined to be the North Pole. Henson is famously quoted for his role in this momentous occasion, often highlighting his position at the forefront of this remarkable achievement. The expedition cemented Henson’s place in history as one of the first men, and the first African American, to reach the North Pole.

Post-Expedition Life and Recognition Struggle (1909-1940s)

Despite his significant contributions, Henson’s role in the discovery of the North Pole was largely overshadowed by Peary, reflecting the racial prejudices of the time. He returned to Washington D.C., where he found work as a federal employee and lived a relatively obscure life for several decades.

Rediscovery and Honors (1940s-1955)

It was not until the later years of his life that Henson began to receive the recognition he deserved. He was awarded a medal by the Explorers Club of New York and was invited to the White House by President Eisenhower. Moreover, he authored his autobiography, A Negro Explorer at the North Pole, which shed light on his remarkable contributions and experiences.

Connection to Washington D.C.

Washington D.C. served as Henson’s home for much of his life. Beyond being the city where he found refuge after his early childhood challenges, it was also where he met Peary and where he spent his post-exploration years. The city was a backdrop to both his professional achievements and personal struggles, reflecting the complex tapestry of his life’s journey.

Legacy and Memorial (After 1955)

Henson passed away in 1955, leaving behind a legacy that has continued to grow in the years following his death. He was posthumously awarded the Hubbard Medal by the National Geographic Society and was relocated to Arlington National Cemetery alongside Peary, signifying the recognition of his contributions.

Final Recognition and Continuing Inspiration (After 1955)

The recognition of Henson’s accomplishments extended into the 21st century, with institutions and geographical landmarks named in his honor. His life story serves as an enduring inspiration, highlighting themes of courage, partnership, and perseverance against the odds.

Reflecting on Matthew Alexander Henson's Journey

Henson’s life was a testament to the human spirit’s capacity for overcoming adversity and achieving greatness. His journey from the depths of hardship to the pinnacle of polar exploration remains a significant chapter in the history of exploration and African American achievement.

Key Achievements of Matthew Alexander Henson:

• Co-discoverer of the North Pole with Robert Peary in 1909, marking a major milestone in polar exploration.

• Mastered Inuit survival skills and became fluent in their language, showcasing remarkable adaptability and respect for local cultures.

• Authored A Negro Explorer at the North Pole, providing a unique perspective on early 20th-century exploration.

• Recognized posthumously with the Hubbard Medal by the National Geographic Society for his contributions to exploration.

• Reburied in Arlington National Cemetery alongside Peary, reflecting the significance of his contributions to American history and exploration.

Matthew Alexander Henson's story is a powerful testament to the indomitable spirit of exploration and perseverance in the face of adversity. As the first African American to reach the North Pole, his achievements broke racial barriers and paved the way for future generations of explorers and adventurers. Henson's legacy lives on, inspiring all who learn of his remarkable journey to the top of the world.

Connect With Me

If you want to connect, reply to this email and let me know what you think.

I would love to hear from you. Don’t be shy.

-Matthew Larsen

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