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McCabe, James Dabney, 1842-1883

"Great Fortunes, and How They Were Made"

Says Mr. William Gowans, the famous Nassau-Street
bookseller: "I remember to have entered the subterranean office of its
editor early in its career, and purchased a single copy of the paper,
for which I paid the sum of one cent United States currency. On this
occasion the proprietor, editor, and vendor was seated at his desk,
busily engaged in writing, and appeared to pay little or no attention to
me as I entered. On making known my object in coming in, he requested me
to put my money down on the counter and help myself to a paper, all this
time he continuing his writing operations. The office was a single
oblong underground room; its furniture consisted of a counter, which
also served as a desk, constructed from two flour barrels, perhaps
empty, standing apart from each other about four feet, with a single
plank covering both; a chair, placed in the center, upon which sat the
editor busy at his vocation, with an inkstand by his right hand; on the
end nearest the door were placed the papers for sale."
[Illustration: HOW THE "NEW YORK HERALD" BEGAN.]
Standing on Broadway now, and looking at the marble palace from which
the greatest and wealthiest newspaper in the Union sends forth its huge
editions, one finds it hard to realize that just thirty-four years
ago this great journal was born in a cellar, an obscure little penny
sheet, with a poor man for its proprietor.


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