I know no more pitiful story in the history of our Journalism than that of the “American Magazine.” It was founded because Lincoln Steffens, Ida Tarbell, Ray Stannard Baker and Finley Peter Dunne found they were no longer permitted to tell the truth in “McClure’s.” They purchased the “American,” assuming a debt of four hundred thousand dollars. Soon afterwards one of the assistant editors told me that they were having trouble in meeting their interest payments; and then came a crisis, plainly revealed in their columns. The magazine had begun the publication of a sensational series of articles, “Barbarous Mexico,” by John Kenneth Turner. These articles, since published in book form, and a second time suppressed, gave an intimate, first-hand account of the ferocities of the Diaz régime, under which American “dollar diplomats” were coining enormous fortunes. The “American” began the publication with a grand hurrah; it published two or three of the articles, and then suddenly it quit, with a feeble and obviously dishonest excuse—and poor Turner had to take his articles to that refuge of suppressed muck-rakers, the “Appeal to Reason.”

There must have been some crisis in the office of the magazine. Somebody had evidently had a “show-down,” the editors had been “taught their place.” Ever since then they have been a theme for tears. Ida Tarbell, who had torn the wrappings off the infamies of Standard Oil, has forgotten the subject, while Standard Oil, after a sham reorganization, has almost doubled the value of its stock, and more than doubled its plundering of the public. Ray Stannard Baker, who exposed the financial knaveries of the Beef Trust, shed his muck-raker skin and metamorphosed himself into “David Grayson,” a back-to-the-land sentimentalist—and this while the Beef Trust has multiplied four times over the profits it takes out of the necessities of a war-torn world! Finley Peter Dunne, who contributed the satires of Mr. Dooley and that withering ridicule of the idle rich under the name of “Mr. Worldly-Wise Man,” has apparently fallen silent from shame. Lincoln Steffens, the one man who stood by his convictions, quit the magazine, and now cannot get his real opinions published anywhere. The “American Magazine,” which started out to reclaim the industrial and political life of our country, is now publishing articles about how a little boy raises potatoes in a cigar-box, and how a man can become a millionaire by cobbling his own shoes.

I write these words in anger; but then I remember my pledge—the exact facts! So I go to the library and take down the first bound volume my hand touches. Here are the titles of a few “special articles” and “feature stories” from the “American Magazine” for January, 1918: “How We Decide When to Raise a Man’s Salary.” “What to Do with a Bad Habit.” “Are You Going Somewhere—or Only Wandering Around?” “The Comic Side of Trouble.” “Do You Laugh at the Misfortunes of Others?” “The Business-Woman and the Powder Puff: The personal story of one who has made a success and thinks she knows the reason why.” “What I Have Seen Booze Do.” “Interesting People: A Wonderful Young Private Secretary.” “A Barber Who Uses His Head.” “The Star in a ‘One-Girl Show’.” “From Prize-Fighter to Parson.”

Now I ask you: could any muck-raker in a rage make up a list of titles more completely expressive of vulgarity, commercialism and general “bunk” than the above real ones?

I was at this time planning the sequel to “The Metropolis,” called “The Money-changers.” The story of the 1907 panic fitted perfectly into my purposes, and so I made it the basis of this novel. Needless to say, I couldn’t get the “American Magazine” or any other magazine to publish it serially, nor could I get any respectable publishing-house to take up the book. I was forced to go to a fifth-rate concern, which afterwards went into bankruptcy. By the literary reviewers I was now practically boycotted; I had written a book of scandal, I had declassed myself as a man-of-letters. The fact that every word I had written was the truth, and that the men I pilloried were the plunderers of a great nation, made no difference whatever to the austere guardians of our literary traditions.

Since the year 1908, when “The Money-changers” was published, it has been the rule of American literary authorities that in discussions of American novelists my name is not mentioned. In 1914 Georg Brandes, the greatest of living critics, visited America, and to reporters at the steamer he made the statement that there were three American novelists whom he found worth reading, Frank Norris, Jack London, and Upton Sinclair. Every New York newspaper except one quoted Dr. Brandes as saying that there were two American novelists he found worth reading, Frank Norris and Jack London. Dr. Brandes was puzzled by this incident, and asked me the reason; when I told him, he consented to write a preface to my next novel, “King Coal.” He spoke so highly of the book that I refrain from quoting him. But did his praise make any difference to American critics? It did not.

All the publicity “The Money-changers” got was from our “yellow” journals. The reader will understand that I despise these “yellows”; they are utterly without honor, they are vulgar and cruel; and yet, in spite of all their vices, I count them less dangerous to society than the so-called “respectable” papers, which pretend to all the virtues, and set the smug and pious tone for good society—papers like the “New York Tribune” and the “Boston Evening Transcript” and the “Baltimore Sun,” which are read by rich old gentlemen and maiden aunts, and can hardly ever be forced to admit to their columns any new or vital event or opinion. These are “kept” papers, in the strictest sense of the term, and do not have to hustle on the street for money. They serve the pocketbooks of the whole propertied class—which is the meaning of the term “respectability” in the bourgeois world. On the other hand the “yellow” journals, serving their own pocketbooks exclusively, will often print attacks on vested wealth, provided the attacks are startling and sensational, and provided the vested wealth in question is not a heavy advertiser. An illustration of what I mean is the following, which appeared in the “New York American” for September 6, 1908:

U. S. NAVY ADMITS ROTTEN ARMOR

Carnegie Co.’s Profit, $700,000

ADMIRAL MASON SAYS OREGON NOW CARRIES 400 TONS