It was in 1906 that Mr. McClure brought home from one of his foraging expeditions the plan which was eventually to wreck his enterprises. He had it cut and dried ready to put into action. Without consultation with his partners he had organized a new company, the charter of which provided not only for a McClure’s Universal Journal, but a McClure’s Bank, a McClure’s Life Insurance Company, a McClure’s School Book Publishing Company, and later a McClure’s Ideal Settlement in which people could have cheap homes on their own terms. It undertook to combine with a cheap magazine—which it goes without saying was to have an enormous circulation with the enormous advertising which circulation brings—an attempt to solve some of the great abuses of the day, abuses at which we had been hammering in McClure’s Magazine. He proposed to do this by giving them a competition which would draw their teeth.
By the time Mr. McClure got around to explaining his plan to me and asking my cooperation he had worked himself up to regarding it as an inspiration which must not be questioned. It seemed to me to possess him like a religious vision which it was blasphemy to question. Obsessed as he was, he was blind and deaf to the obstacles in the way. I am sure I hurt Mr. McClure by telling him bluntly and at once that I would never have anything to do with such a scheme.
In a recently published letter Lincoln Steffens tells how he saw Mr. McClure’s plan. To him it was not only “fool” but “not quite right.” Certainly it was not right. As organized, it was a speculative scheme as alike as two peas to certain organizations the magazine had been battering.
The tragedy of the situation was that Mr. McClure did not see and could not understand the arguments of his associates that his plan was not only impossible but wrong. This failure of judgment was, I am convinced, due to his long illness. The mental and physical exhaustion from which he was suffering, and which he could not bring himself to understand or accept, explains the unwisdom of this undertaking, his contention that it was an inspiration, his stubbornness in insisting that it be accepted and set to work. Human reason has little influence on one who believes he is inspired.
The members of the staff were little more than outsiders when it came to the final decision. It was up to John Phillips to accept and do his utmost to aid in the grandiose adventure or patiently to wait while persuading the General that it was not the mission of the McClure crowd to reconstruct the economic life of the country, that we were journalists, not financial reformers. I think no man ever tried harder to keep another from a suicidal undertaking; and certainly no man could have been firmer from the start in his refusal to go along.
The struggle went on for six months, and no two men ever tried more honestly to adjust their differences; but they were irreconcilable. It came to a point where one or the other must sell his interest in the magazine. It was Mr. McClure who bought out his partner.
Although McClure’s Magazine is no longer on the newsstands, it does occupy a permanent place in the history of the period that it served, because it worked itself into the literary and economic life of the country.
It was a magazine which from the first put quality above everything else and was willing to chase checks around town in order to pay for it. For those who collect Kipling there are the first publications of many of his rarest poems, short stories, and such distinguished serials as “Captains Courageous” and “Kim.” Here first appeared Willa Cather and O. Henry.
It was a magazine which backed regardless of expense, one might say, the investigations and reports of men like Ray Stannard Baker and Lincoln Steffens. For twelve years it encouraged with liberality and patience the work of which I have been talking in this narrative.
Mr. McClure had two editorial policies when it came to getting the thing he felt was important for the Magazine. First, the writer must be well paid and the expense money be generous. Second, and most important of all, he must be given time. He did not ask that you produce a great serial in six months. He gave you years if it was necessary. I spent the greater part of five years on “The History of the Standard Oil Company.” I was what was called a contributing editor; that is, I turned in suggestions as they came to me in my work around the country. I did occasional extra articles that seemed to be in my line. I read and took part in editorial counsels, but it was recognized that all the time I demanded should be given to the serial. I know of no other editor and no other publisher who has so fully recognized the necessity of generous pay and ample time, if he were to get from a staff work done according to the best editorial standard, and worthy of the magazine and the writer.