AMERICAN JOURNALISM.
New York would seem to be the Goshen of newspaper proprietors, if we may trust the following paragraph from the " San Francisco Press," giving a list of men, all with one exception still living, who within a quarter of a century have realised fortunes by starting-journals : —James Gordon Bennett, who began the "Herald" with 200 or 300 dollars borrowed money, in Anne-street cellar, writing on a board, is now worth 5,000,000 dollars. Manton Marble, who ten years ago was a task writer on the " Evening Post " at 25 dollars a week, is at present sole owner of the " World," valued at least at 500,000 dollars, and has an income of 75,000 dollars a year. Henry J. Raymond at the time of his death was worth 800,000 dollars, and made every cent. of it out of*the "Times'' (New York)- Horace Greeley, with all his carelessness of and indifference to money, could be sold out for 150,000 dollars, though he made his entry in the metropolis a poor printer's boy, with ail his fortuue in a small bundle ot clothes swung on a stick. James and Erastus Brooks have estates valued at more than 150,000 dollars each, all made from their earnings as owners of the " Express." Robert Bonner, not long since a printer at the case, making with very hard work 30 dollars a week, boasts of possessing 200,000 dollars'worth of horses, and has an annui'l income from the " Ledger" of nearly 100,000 dollars. Henry C. Bowen, after failing as a merchant, turned his attention to the management of the " Independent," and realizes 90,000 to 100,000 dollars a year from it.
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Westport Times, Volume V, Issue 774, 9 February 1871, Page 3
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272AMERICAN JOURNALISM. Westport Times, Volume V, Issue 774, 9 February 1871, Page 3
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