The Founding of the Munsey Publishing-house: Quarter of a Century Old : the Story of the Argosy, Our First Publication, and Incidentally the Story of Munsey's Magazine

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De Vinne Press, 1907 - Argosy - 56 pages
 

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Page 25 - Five years of poverty," he says, "five years of awful struggle and now the earth was mine —rich at last, richer than I had ever dreamed of." But his expenses, alas, outran his mounting income. "Merciful Heavens! how the bills fell due, how the notes fell due! The cry from in town and out of town, from men on the road and from all the four corners of the earth, and in a thousand voices, was money, money, money! The whole world had gone money mad.
Page 25 - Five years of poverty, five years of awful struggle, and now the earth was mine — rich at last, richer than I had ever dreamed of being — a thousand dollars a week net, and every week adding to it by leaps and bounds — fifty thousand dollars a year, and all mine — next week sixty thousand, then seventy, and a hundred— a million, maybe— GREAT HEAVENS, AND IT WAS AT.T.
Page 6 - ... Falls grocery store, was to him, in his own words, like "the cage to a tiger yearning for the boundless freedom of the jungle." He picked up an acquaintance with James G. Blaine and other prominent citizens, but this merely added to his discontent. "Their lives had scope," he said many years later, "mine had none. I chafed bitterly under the limited possibilities of my environment, where energy and ambition counted for so little. My very soul cried out for an opportunity to carve out for myself...
Page 18 - With a determination to keep the Argosy alive at all hazards, a determination that amounted almost to an insane passion," he says, "I went on and on." He undertook a circulation campaign "that in its intensity and ferocity crowded a life's work into a few months.
Page 39 - ... they got out publications which wofully lacked human interest. On the other hand, the Sunday newspapers appealed to everybody; and their price was five cents against five and seven times that for the magazines. The several attempts to float cheaper ones had been only weak copies of the old kind. I became convinced that both the price and the magazines were wrong for a wide circulation.
Page 21 - ... Ford automobile. One may make fun of them if one likes, but they run. The indomitable Munsey-Hopkins will power exhibits itself in all of them. "I wrote and re-wrote the early chapters many times," he says of "Afloat in a Great City." "It was midnight toil — work done by candle light after long days at the office. I wrote that story with a special purpose. I wanted something to advertise and put my faith to the test by plunging on it to the extent of ten thousand dollars.
Page 28 - When one is up against it, there is virtue in doing something. Inactivity — just plain, hopeless drifting — is the limit of imbecility. In trying something new one has a chance. However remote that chance may be, it is a long way better than passive death. And again: Conservatism and skepticism play their part in the world, but they don't blaze new paths or pull off victories. The mistakes of progress are much more worth while than the inertia of the sure thing.
Page 8 - The publishing germ gradually got into my blood, and as visions of railroad management, of steel-manufacturing, of merchandising in a big way, of banking, and of other alluring enterprises receded, my thoughts focussed more and more on the publishing business, until at last I lived and breathed in the publishing world.
Page 22 - ... the magazine, making Mr. Munsey editor; three months later the publisher failed. Mr. Munsey offered to settle the debts by taking over the bankrupt enterprise. He borrowed $300, and with that as his capital jumped into the maelstrom. He has written most appealingly of what followed. He lived through "four years of toil and disappointment, with never a vacation, never a day for play, and rarely a night at the theatre.
Page 15 - ... to .a publisher, who became interested in it and who finally suggested that I should turn over my proposed publication to him and let him bring it out in his own name, retaining me as its editor and manager. This arrangement went into effect, and on the 2nd of December, 1882, as I have already said, the first issue of THE ARGOSY...

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