That’s the Good Will, the Reputation, the Demand!
This is the real asset—THE ONLY ASSET WORTH HAVING.
This asset, in equity and good conscience, belongs to me, by the most sacred of all titles—THE WORKMAN’S RIGHT TO THE PRODUCT OF HIS LABOR.
Since it is mine, I mean to have it—in spite of all that Col. Mann may do.
***
“Explanatory” will seek in vain to convince any considerable number of people that I quit the Magazine on a mere question of salary.
That is the very thing that I always subordinated to other and higher considerations.
In some directions Col. Mann lavished money like a prince; in others, he doled it out like a miser.
Thus he squandered $12,000 in advertisements in daily newspapers, where they were not worth a hill of beans, and REFUSED TO FURNISH MONEY TO PAY ABSOLUTELY NECESSARY POSTAGE on sample copies.
He wasted $5,000 trying to run the advertising department on a fancy schedule, and refused to pay the Authors who supplied us with the necessaries of life. Sometimes the writers who had been so badly treated had to threaten attachments, before they could get their money; and upon one occasion DeFrance had to sneak out of the office to avoid an irate Author who had come upon the scene with the Riot Act in his hand.