III
That bread cast upon the waters--"'dough' put out at usance," as Joseph Jefferson used to phrase it--shall return after many days has been I dare say discovered by most persons who have perpetrated acts of kindness, conscious or unconscious. There was a poor, broken-down English actor with a passion for Chaucer, whom I was wont to encounter in the Library of Congress. His voice was quite gone. Now and again I had him join me in a square meal. Once in a while I paid his room rent. I was loath to leave him when the break came in 1861, though he declared he had "expectations," and made sure he would not starve.
I was passing through Regent Street in London, when a smart brougham drove up to the curb and a wheezy voice called after me. It was my old friend, Newton. His "expectations" had not failed him, he had come into a property and was living in affluence.
He knew London as only a Bohemian native and to the manner born could know it. His sense of bygone obligation knew no bounds. Between him and John Mahoney and Artemus Ward I was made at home in what might be called the mysteries and eccentricities of differing phases of life in the British metropolis not commonly accessible to the foreign casual. In many after visits this familiar knowledge has served me well. But Newton did not live to know of some good fortune that came to me and to feel my gratitude to him, as dear old John Mahoney did. When I was next in London he was gone.
It was not, however, the actor, Newton, whom I had in mind in offering a bread-upon-the-water moral, but a certain John Hatcher, the memory of whom in my case illustrates it much better. He was a wit and a poet. He had been State Librarian of Tennessee. Nothing could keep him out of the service, though he was a sad cripple and wholly unequal to its requirements. He fell ill. I had the opportunity to care for him. When the war was over his old friend, George D. Prentice, called him to Louisville to take an editorial place on the Journal.
About the same time Mr. Walter Haldeman returned from the South and resumed the suspended publication of the Louisville Courier. He was in the prime of life, a man of surpassing energy, enterprise and industry, and had with him the popular sympathy. Mr. Prentice was nearly three score and ten. The stream had passed him by. The Journal was not only beginning to feel the strain but was losing ground. In this emergency Hatcher came to the rescue. I was just back from London and was doing noticeable work on the Nashville Banner.
"Here is your man," said Hatcher to Mr. Prentice and Mr. Henderson, the owners of the Journal; and I was invited to come to Louisville.
After I had looked over the field and inspected the Journal's books I was satisfied that a union with the Courier was the wisest solution of the newspaper situation, and told them so. Meanwhile Mr. Haldeman, whom I had known in the Confederacy, sent for me. He offered me the same terms for part ownership and sole editorship of the Courier, which the Journal people had offered me. This I could not accept, but proposed as an alternative the consolidation of the two on an equal basis. He was willing enough for the consolidation, but not on equal terms. There was nothing for it but a fight. I took the Journal and began to hammer the Courier.
A dead summer was before us, but Mr. Henderson had plenty of money and was willing to spend it. During the contest not an unkind word was printed on either side. After stripping the Journal to its heels it had very little to go on or to show for what had once been a prosperous business. But circulation flowed in. From eighteen hundred daily it quickly mounted to ten thousand; from fifteen hundred weekly to fifty thousand. The middle of October it looked as if we had a straight road before us.
But I knew better. I had discovered that the field, no matter how worked, was not big enough to support two rival dailies. There was toward the last of October on the edge of town a real-estate sale which Mr. Haldeman and I attended. Here was my chance for a play. I must have bid up to a hundred thousand dollars and did actually buy nearly ten thousand dollars of the lots put up at auction, relying upon some money presently coming to my wife.