In the autumn of 1902, Theodore Roosevelt — 26th President of the United States, avid outdoorsman, and a man who took the natural world seriously — accepted a hunting invitation in Mississippi. His guide, Holt Collier, located a black bear and, knowing Roosevelt was well behind him, tied the animal to a tree so the President wouldn't miss out.
Roosevelt arrived, took one look at the situation, and refused to shoot. It was, he said, unsportsmanlike. The story spread quickly, as good stories do, and the political cartoonist Clifford Berryman of the Washington Post captured the moment in a cartoon that ran across the country.
In Brooklyn, a couple named Rose and Morris Michtom saw the cartoon. They owned a small penny candy shop, and they made a stuffed plush bear to display in the window as a nod to the President's act of restraint. They called it "Teddy's Bear." The response was enthusiastic enough that they wrote to Roosevelt himself, asking permission to use his name. He agreed — and reportedly said he doubted his name would be worth much to a toy bear. He was wrong about that.
The Michtoms went on to found the Ideal Novelty and Toy Company. Around the same time, independently, a German company called Steiff was producing its own stuffed bears, which found their way to the American market. Within a few years, the teddy bear had become one of the most popular toys in the world — and has remained so ever since.
Edward arrived in 1981 — nearly eighty years into the teddy bear's existence. He is, in the grand scheme of things, a relatively recent model. He does not seem bothered by this.