CIVIL WAR BATTLE OF FORT DONELSON – FEBRUARY 15, 1862

After capturing Fort Henry on February 6, 1862, Brig. Gen. Ulysses S. Grant advanced cross-country to invest Fort Donelson. On February 16, 1862, after the failure of their all-out attack aimed at breaking through Grant’s investment lines, the fort’s 12,000-man garrison surrendered unconditionally. This was a major victory for Brig. Gen. Ulysses S. Grant and a catastrophe for the South. It ensured that Kentucky would stay in the Union and opened up Tennessee for a Northern advance along the Tennessee and Cumberland rivers. Grant received a promotion to major general for his victory and attained stature in the Western Theater, earning the nom de guerre “Unconditional Surrender.”

The Smart way to Invest in Fine Art

People who collect for the long term may get more for their money by adapting the strategies of value investing. That means forgetting contemporary and postwar works and looking for unfashionable or neglected pieces with intrinsic value.