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It¡¡was¡¡not¡¡long¡¡before¡¡Mr¡£¡¡Cary¡¡made¡¡good¡¡his¡¡word£»¡¡and¡¡told¡¡Edward¡¡that¡¡his¡¡friend¡¡Henry¡¡Holt£»¡¡the¡¡publisher£»¡¡would¡¡like¡¡to¡¡give¡¡him¡¡a¡¡trial¡£

The¡¡day¡¡before¡¡he¡¡was¡¡to¡¡leave¡¡the¡¡Western¡¡Union¡¡Telegraph¡¡Company¡¡the¡¡fact¡¡of¡¡his¡¡resignation¡¡became¡¡known¡¡to¡¡Mr¡£¡¡Gould¡£¡¡The¡¡financier¡¡told¡¡the¡¡boy¡¡there¡¡was¡¡no¡¡reason¡¡for¡¡his¡¡leaving£»¡¡and¡¡that¡¡he¡¡would¡¡personally¡¡see¡¡to¡¡it¡¡that¡¡a¡¡substantial¡¡increase¡¡was¡¡made¡¡in¡¡his¡¡salary¡£¡¡Edward¡¡explained¡¡that¡¡the¡¡salary£»¡¡while¡¡of¡¡importance¡¡to¡¡him£»¡¡did¡¡not¡¡influence¡¡him¡¡so¡¡much¡¡as¡¡securing¡¡a¡¡position¡¡in¡¡a¡¡business¡¡in¡¡which¡¡he¡¡felt¡¡he¡¡would¡¡be¡¡happier¡£

¡¨And¡¡what¡¡business¡¡is¡¡that£¿¡¨¡¡asked¡¡the¡¡financier¡£

¡¨The¡¡publishing¡¡of¡¡books£»¡¨¡¡replied¡¡the¡¡boy¡£

¡¨You¡¡are¡¡making¡¡a¡¡great¡¡mistake£»¡¨¡¡answered¡¡the¡¡little¡¡man£»¡¡fixing¡¡his¡¡keen¡¡gray¡¡eyes¡¡on¡¡the¡¡boy¡£¡¡¡¨Books¡¡are¡¡a¡¡luxury¡£¡¡The¡¡public¡¡spends¡¡its¡¡largest¡¡money¡¡on¡¡necessities£º¡¡on¡¡what¡¡it¡¡can't¡¡do¡¡without¡£¡¡It¡¡must¡¡telegraph£»¡¡it¡¡need¡¡not¡¡read¡£¡¡It¡¡can¡¡read¡¡in¡¡libraries¡£¡¡A¡¡promising¡¡boy¡¡such¡¡as¡¡you¡¡are£»¡¡with¡¡his¡¡life¡¡before¡¡him£»¡¡should¡¡choose¡¡the¡¡right¡¡sort¡¡of¡¡business£»¡¡not¡¡the¡¡wrong¡¡one¡£¡¨

But£»¡¡as¡¡facts¡¡proved£»¡¡the¡¡¡¨little¡¡wizard¡¡of¡¡Wall¡¡Street¡¨¡¡was¡¡wrong¡¡in¡¡his¡¡prediction£»¡¡Edward¡¡Bok¡¡was¡¡not¡¡choosing¡¡the¡¡wrong¡¡business¡£

Years¡¡afterward¡¡when¡¡Edward¡¡was¡¡cruising¡¡up¡¡the¡¡Hudson¡¡with¡¡a¡¡yachting¡¡party¡¡one¡¡Saturday¡¡afternoon£»¡¡the¡¡sight¡¡of¡¡Jay¡¡Gould's¡¡mansion£»¡¡upon¡¡approaching¡¡Irvington£»¡¡awakened¡¡the¡¡desire¡¡of¡¡the¡¡women¡¡on¡¡board¡¡to¡¡see¡¡his¡¡wonderful¡¡orchid¡¡collection¡£¡¡Edward¡¡explained¡¡his¡¡previous¡¡association¡¡with¡¡the¡¡financier¡¡and¡¡offered¡¡to¡¡recall¡¡himself¡¡to¡¡him£»¡¡if¡¡the¡¡party¡¡wished¡¡to¡¡take¡¡the¡¡chance¡¡of¡¡recognition¡£¡¡A¡¡note¡¡was¡¡written¡¡to¡¡Mr¡£¡¡Gould£»¡¡and¡¡sent¡¡ashore£»¡¡and¡¡the¡¡answer¡¡came¡¡back¡¡that¡¡they¡¡were¡¡welcome¡¡to¡¡visit¡¡the¡¡orchid¡¡houses¡£¡¡Jay¡¡Gould£»¡¡in¡¡person£»¡¡received¡¡the¡¡party£»¡¡and£»¡¡placing¡¡it¡¡under¡¡the¡¡personal¡¡conduct¡¡of¡¡his¡¡gardener£»¡¡turned¡¡to¡¡Edward¡¡and£»¡¡indicating¡¡a¡¡bench£»¡¡said£º¡¡¡¨Come¡¡and¡¡sit¡¡down¡¡here¡¡with¡¡me¡£¡¨

¡¨Well£»¡¨¡¡said¡¡the¡¡financier£»¡¡who¡¡was¡¡in¡¡his¡¡domestic¡¡mood£»¡¡quite¡¡different¡¡from¡¡his¡¡Wall¡¡Street¡¡aspect£»¡¡¡¨I¡¡see¡¡in¡¡the¡¡papers¡¡that¡¡you¡¡seem¡¡to¡¡be¡¡making¡¡your¡¡way¡¡in¡¡the¡¡publishing¡¡business¡£¡¨

Edward¡¡expressed¡¡surprise¡¡that¡¡the¡¡Wall¡¡Street¡¡magnate¡¡had¡¡followed¡¡his¡¡work¡£

¡¨I¡¡have¡¡because¡¡I¡¡always¡¡felt¡¡you¡¡had¡¡it¡¡in¡¡you¡¡to¡¡make¡¡a¡¡successful¡¡man¡£¡¡But¡¡not¡¡in¡¡that¡¡business£»¡¨¡¡he¡¡added¡¡quickly¡£¡¡¡¨You¡¡were¡¡born¡¡for¡¡the¡¡Street¡£¡¡You¡¡would¡¡have¡¡made¡¡a¡¡great¡¡success¡¡there£»¡¡and¡¡that¡¡is¡¡what¡¡I¡¡had¡¡in¡¡mind¡¡for¡¡you¡£¡¡In¡¡the¡¡publishing¡¡business¡¡you¡¡will¡¡go¡¡just¡¡so¡¡far£»¡¡in¡¡the¡¡Street¡¡you¡¡could¡¡have¡¡gone¡¡as¡¡far¡¡as¡¡you¡¡liked¡£¡¡There¡¡is¡¡room¡¡there£»¡¡there¡¡is¡¡none¡¡in¡¡the¡¡publishing¡¡business¡£¡¡It's¡¡not¡¡too¡¡late¡¡now£»¡¡for¡¡that¡¡matter£»¡¨¡¡continued¡¡the¡¡¡¨little¡¡wizard£»¡¨¡¡fastening¡¡his¡¡steel¡¡eyes¡¡on¡¡the¡¡lad¡¡beside¡¡him£¡

And¡¡Edward¡¡Bok¡¡has¡¡often¡¡speculated¡¡whither¡¡Jay¡¡Gould¡¡might¡¡have¡¡led¡¡him¡£¡¡To¡¡many¡¡a¡¡young¡¡man£»¡¡a¡¡suggestion¡¡from¡¡such¡¡a¡¡source¡¡would¡¡have¡¡seemed¡¡the¡¡one¡¡to¡¡heed¡¡and¡¡follow¡£¡¡But¡¡Edward¡¡Bok's¡¡instinct¡¡never¡¡failed¡¡him¡£¡¡He¡¡felt¡¡that¡¡his¡¡path¡¡lay¡¡far¡¡apart¡¡from¡¡that¡¡of¡¡Jay¡¡Gouldand¡¡the¡¡farther¡¡the¡¡better£¡

In¡¡1882¡¡Edward£»¡¡with¡¡a¡¡feeling¡¡of¡¡distinct¡¡relief£»¡¡left¡¡the¡¡employ¡¡of¡¡the¡¡Western¡¡Union¡¡Telegraph¡¡Company¡¡and¡¡associated¡¡himself¡¡with¡¡the¡¡publishing¡¡business¡¡in¡¡which¡¡he¡¡had¡¡correctly¡¡divined¡¡that¡¡his¡¡future¡¡lay¡£

His¡¡chief¡¡regret¡¡on¡¡leaving¡¡his¡¡position¡¡was¡¡in¡¡severing¡¡the¡¡close¡¡relations£»¡¡almost¡¡as¡¡of¡¡father¡¡and¡¡son£»¡¡between¡¡Mr¡£¡¡Cary¡¡and¡¡himself¡£¡¡When¡¡Edward¡¡was¡¡left¡¡alone£»¡¡with¡¡the¡¡passing¡¡away¡¡of¡¡his¡¡father£»¡¡Clarence¡¡Cary¡¡had¡¡put¡¡his¡¡sheltering¡¡arm¡¡around¡¡the¡¡lonely¡¡boy£»¡¡and¡¡with¡¡the¡¡tremendous¡¡encouragement¡¡of¡¡the¡¡phrase¡¡that¡¡the¡¡boy¡¡never¡¡forgot£»¡¡¡¨I¡¡think¡¡you¡¡have¡¡it¡¡in¡¡you£»¡¡Edward£»¡¡to¡¡make¡¡a¡¡successful¡¡man£»¡¨¡¡he¡¡took¡¡him¡¡under¡¡his¡¡wing¡£¡¡It¡¡was¡¡a¡¡turning¡­point¡¡in¡¡Edward¡¡Bok's¡¡life£»¡¡as¡¡he¡¡felt¡¡at¡¡the¡¡time¡¡and¡¡as¡¡he¡¡saw¡¡more¡¡clearly¡¡afterward¡£

He¡¡remained¡¡in¡¡touch¡¡with¡¡his¡¡friend£»¡¡however£»¡¡keeping¡¡him¡¡advised¡¡of¡¡his¡¡progress¡¡in¡¡everything¡¡he¡¡did£»¡¡not¡¡only¡¡at¡¡that¡¡time£»¡¡but¡¡all¡¡through¡¡his¡¡later¡¡years¡£¡¡And¡¡it¡¡was¡¡given¡¡to¡¡Edward¡¡to¡¡feel¡¡the¡¡deep¡¡satisfaction¡¡of¡¡having¡¡Mr¡£¡¡Cary¡¡say£»¡¡before¡¡he¡¡passed¡¡away£»¡¡that¡¡the¡¡boy¡¡had¡¡more¡¡than¡¡justified¡¡the¡¡confidence¡¡reposed¡¡in¡¡him¡£¡¡Mr¡£¡¡Cary¡¡lived¡¡to¡¡see¡¡him¡¡well¡¡on¡¡his¡¡way£»¡¡until£»¡¡indeed£»¡¡Edward¡¡had¡¡had¡¡the¡¡proud¡¡happiness¡¡of¡¡introducing¡¡to¡¡his¡¡benefactor¡¡the¡¡son¡¡who¡¡bore¡¡his¡¡name£»¡¡Cary¡¡William¡¡Bok¡£



VIII¡£¡¡Starting¡¡a¡¡Newspaper¡¡Syndicate

Edward¡¡felt¡¡that¡¡his¡¡daytime¡¡hours£»¡¡spent¡¡in¡¡a¡¡publishing¡¡atmosphere¡¡as¡¡stenographer¡¡with¡¡Henry¡¡Holt¡¡and¡¡Company£»¡¡were¡¡more¡¡in¡¡line¡¡with¡¡his¡¡editorial¡¡duties¡¡during¡¡the¡¡evenings¡£¡¡The¡¡Brooklyn¡¡Magazine¡¡was¡¡now¡¡earning¡¡a¡¡comfortable¡¡income¡¡for¡¡its¡¡two¡¡young¡¡proprietors£»¡¡and¡¡their¡¡backers¡¡were¡¡entirely¡¡satisfied¡¡with¡¡the¡¡way¡¡it¡¡was¡¡being¡¡conducted¡£¡¡In¡¡fact£»¡¡one¡¡of¡¡these¡¡backers£»¡¡Mr¡£¡¡Rufus¡¡T¡£¡¡Bush£»¡¡associated¡¡with¡¡the¡¡Standard¡¡Oil¡¡Company£»¡¡who¡¡became¡¡especially¡¡interested£»¡¡thought¡¡he¡¡saw¡¡in¡¡the¡¡success¡¡of¡¡the¡¡two¡¡boys¡¡a¡¡possible¡¡opening¡¡for¡¡one¡¡of¡¡his¡¡sons£»¡¡who¡¡was¡¡shortly¡¡to¡¡be¡¡graduated¡¡from¡¡college¡£¡¡He¡¡talked¡¡to¡¡the¡¡publisher¡¡and¡¡editor¡¡about¡¡the¡¡idea£»¡¡but¡¡the¡¡boys¡¡showed¡¡by¡¡their¡¡books¡¡that¡¡while¡¡there¡¡was¡¡a¡¡reasonable¡¡income¡¡for¡¡them£»¡¡not¡¡wholly¡¡dependent¡¡on¡¡the¡¡magazine£»¡¡there¡¡was¡¡no¡¡room¡¡for¡¡a¡¡third¡£

Mr¡£¡¡Bush¡¡now¡¡suggested¡¡that¡¡he¡¡buy¡¡the¡¡magazine¡¡for¡¡his¡¡son£»¡¡alter¡¡its¡¡name£»¡¡enlarge¡¡its¡¡scope£»¡¡and¡¡make¡¡of¡¡it¡¡a¡¡national¡¡periodical¡£¡¡Arrangements¡¡were¡¡concluded£»¡¡those¡¡who¡¡had¡¡financially¡¡backed¡¡the¡¡venture¡¡were¡¡fully¡¡paid£»¡¡and¡¡the¡¡two¡¡boys¡¡received¡¡a¡¡satisfactory¡¡amount¡¡for¡¡their¡¡work¡¡in¡¡building¡¡up¡¡the¡¡magazine¡£¡¡Mr¡£¡¡Bush¡¡asked¡¡Edward¡¡to¡¡suggest¡¡a¡¡name¡¡for¡¡the¡¡new¡¡periodical£»¡¡and¡¡in¡¡the¡¡following¡¡month¡¡of¡¡May£»¡¡1887£»¡¡The¡¡Brooklyn¡¡Magazine¡¡became¡¡The¡¡American¡¡Magazine£»¡¡with¡¡its¡¡publication¡¡office¡¡in¡¡New¡¡York¡£¡¡But£»¡¡though¡¡a¡¡great¡¡deal¡¡of¡¡money¡¡was¡¡spent¡¡on¡¡the¡¡new¡¡magazine£»¡¡it¡¡did¡¡not¡¡succeed¡£¡¡Mr¡£¡¡Bush¡¡sold¡¡his¡¡interest¡¡in¡¡the¡¡periodical£»¡¡which£»¡¡once¡¡more¡¡changing¡¡its¡¡name£»¡¡became¡¡The¡¡Cosmopolitan¡¡Magazine¡£¡¡Since¡¡then¡¡it¡¡has¡¡passed¡¡through¡¡the¡¡hands¡¡of¡¡several¡¡owners£»¡¡but¡¡the¡¡name¡¡has¡¡remained¡¡the¡¡same¡£¡¡Before¡¡Mr¡£¡¡Bush¡¡sold¡¡The¡¡American¡¡Magazine¡¡he¡¡had¡¡urged¡¡Edward¡¡to¡¡come¡¡back¡¡to¡¡it¡¡as¡¡its¡¡editor£»¡¡with¡¡promise¡¡of¡¡financial¡¡support£»¡¡but¡¡the¡¡young¡¡man¡¡felt¡¡instinctively¡¡that¡¡his¡¡return¡¡would¡¡not¡¡be¡¡wise¡£¡¡The¡¡magazine¡¡had¡¡been¡¡The¡¡Cosmopolitan¡¡only¡¡a¡¡short¡¡time¡¡when¡¡the¡¡new¡¡owners£»¡¡Mr¡£¡¡Paul¡¡J¡£¡¡Slicht¡¡and¡¡Mr¡£¡¡E¡£¡¡D¡£¡¡Walker£»¡¡also¡¡solicited¡¡the¡¡previous¡¡editor¡¡to¡¡accept¡¡reappointment¡£¡¡But¡¡Edward£»¡¡feeling¡¡that¡¡his¡¡baby¡¡had¡¡been¡¡rechristened¡¡too¡¡often¡¡for¡¡him¡¡to¡¡father¡¡it¡¡again£»¡¡declined¡¡the¡¡proposition¡£¡¡He¡¡had¡¡not¡¡heard¡¡the¡¡last¡¡of¡¡it£»¡¡however£»¡¡for£»¡¡by¡¡a¡¡curious¡¡coincidence£»¡¡its¡¡subsequent¡¡owner£»¡¡entirely¡¡ignorant¡¡of¡¡Edward's¡¡previous¡¡association¡¡with¡¡the¡¡magazine£»¡¡invited¡¡him¡¡to¡¡connect¡¡himself¡¡with¡¡it¡£¡¡Thus¡¡three¡¡times¡¡could¡¡Edward¡¡Bok¡¡have¡¡returned¡¡to¡¡the¡¡magazine¡¡for¡¡whose¡¡creation¡¡he¡¡was¡¡responsible¡£

Edward¡¡was¡¡now¡¡without¡¡editorial¡¡cares£»¡¡but¡¡he¡¡had¡¡already£»¡¡even¡¡before¡¡disposing¡¡of¡¡the¡¡magazine£»¡¡embarked¡¡on¡¡another¡¡line¡¡of¡¡endeavor¡£¡¡In¡¡sending¡¡to¡¡a¡¡number¡¡of¡¡newspapers¡¡the¡¡advance¡¡sheets¡¡of¡¡a¡¡particularly¡¡striking¡¡¡¨feature¡¨¡¡in¡¡one¡¡of¡¡his¡¡numbers¡¡of¡¡The¡¡Brooklyn¡¡Magazine£»¡¡it¡¡occurred¡¡to¡¡him¡¡that¡¡he¡¡was¡¡furnishing¡¡a¡¡good¡¡deal¡¡of¡¡valuable¡¡material¡¡to¡¡these¡¡papers¡¡without¡¡cost¡£¡¡It¡¡is¡¡true¡¡his¡¡magazine¡¡was¡¡receiving¡¡the¡¡advertising¡¡value¡¡of¡¡editorial¡¡comment£»¡¡but¡¡the¡¡boy¡¡wondered¡¡whether¡¡the¡¡newspapers¡¡would¡¡not¡¡be¡¡willing¡¡to¡¡pay¡¡for¡¡the¡¡privilege¡¡of¡¡simultaneous¡¡publication¡£¡¡An¡¡inquiry¡¡or¡¡two¡¡proved¡¡that¡¡they¡¡would¡£¡¡Thus¡¡Edward¡¡stumbled¡¡upon¡¡the¡¡¡¨syndicate¡¨¡¡plan¡¡of¡¡furnishing¡¡the¡¡same¡¡article¡¡to¡¡a¡¡group¡¡of¡¡newspapers£»¡¡one¡¡in¡¡each¡¡city£»¡¡for¡¡simultaneous¡¡publication¡£¡¡He¡¡looked¡¡over¡¡the¡¡ground£»¡¡and¡¡found¡¡that¡¡while¡¡his¡¡idea¡¡was¡¡not¡¡a¡¡new¡¡one£»¡¡since¡¡two¡¡¡¨syndicate¡¨¡¡agencies¡¡already¡¡existed£»¡¡the¡¡field¡¡was¡¡by¡¡no¡¡means¡¡fully¡¡covered£»¡¡and¡¡that¡¡the¡¡success¡¡of¡¡a¡¡third¡¡agency¡¡would¡¡depend¡¡entirely¡¡upon¡¡its¡¡ability¡¡to¡¡furnish¡¡the¡¡newspapers¡¡with¡¡material¡¡equally¡¡good¡¡or¡¡better¡¡than¡¡they¡¡received¡¡from¡¡the¡¡others¡£¡¡After¡¡following¡¡the¡¡material¡¡furnished¡¡by¡¡these¡¡agencies¡¡for¡¡two¡¡or¡¡three¡¡weeks£»¡¡Edward¡¡decided¡¡that¡¡there¡¡was¡¡plenty¡¡of¡¡room¡¡for¡¡his¡¡new¡¡ideas¡£

He¡¡discussed¡¡the¡¡matter¡¡with¡¡his¡¡former¡¡magazine¡¡partner£»¡¡Colver£»¡¡and¡¡suggested¡¡that¡¡if¡¡they¡¡could¡¡induce¡¡Mr¡£¡¡Beecher¡¡to¡¡write¡¡a¡¡weekly¡¡comment¡¡on¡¡current¡¡events¡¡for¡¡the¡¡newspapers¡¡it¡¡would¡¡make¡¡an¡¡auspicious¡¡beginning¡£¡¡They¡¡decided¡¡to¡¡talk¡¡it¡¡over¡¡with¡¡the¡¡famous¡¡preacher¡£¡¡For¡¡to¡¡be¡¡a¡¡¡¨Plymouth¡¡boy¡¨that¡¡is£»¡¡to¡¡go¡¡to¡¡the¡¡Plymouth¡¡Church¡¡Sunday¡­school¡¡and¡¡to¡¡attend¡¡church¡¡therewas¡¡to¡¡know¡¡personally¡¡and¡¡become¡¡devoted¡¡to¡¡Henry¡¡Ward¡¡Beecher¡£¡¡And¡¡the¡¡two¡¡were¡¡synonymous¡£¡¡There¡¡was¡¡no¡¡distance¡¡between¡¡Mr¡£¡¡Beecher¡¡and¡¡his¡¡¡¨Plymouth¡¡boys¡£¡¨¡¡Each¡¡understood¡¡the¡¡other¡£¡¡The¡¡tie¡¡was¡¡that¡¡of¡¡absolute¡¡comradeship¡£

¡¨I¡¡don't¡¡believe¡¡in¡¡it£»¡¡boys£»¡¨¡¡said¡¡Mr¡£¡¡Beecher¡¡when¡¡Edward¡¡and¡¡his¡¡friend¡¡broached¡¡the¡¡syndicate¡¡letter¡¡to¡¡him¡£¡¡¡¨No¡¡one¡¡yet¡¡ever¡¡made¡¡a¡¡cent¡¡out¡¡of¡¡my¡¡supposed¡¡literary¡¡work¡£¡¨

All¡¡the¡¡more¡¡reason£»¡¡was¡¡the¡¡argument£»¡¡why¡¡some¡¡one¡¡should¡£

Mr¡£¡¡Beecher¡¡smiled£¡¡¡How¡¡well¡¡he¡¡knew¡¡the¡¡youthful¡¡enthusiasm¡¡that¡¡rushes¡¡in£»¡¡etc¡£

¡¨Well£»¡¡all¡¡right£»¡¡boys£¡¡¡I¡¡like¡¡your¡¡pluck£»¡¨¡¡he¡¡finally¡¡said¡£¡¡¡¨I'll¡¡help¡¡you¡¡if¡¡I¡¡can¡£¡¨

The¡¡boys¡¡agreed¡¡to¡¡pay¡¡Mr¡£¡¡Beecher¡¡a¡¡weekly¡¡sum¡¡of¡¡two¡¡hundred¡¡and¡¡fifty¡¡dollarswhich¡¡he¡¡knew¡¡was¡¡considerable¡¡for¡¡them¡£

When¡¡the¡¡first¡¡article¡¡had¡¡been¡¡written¡¡they¡¡took¡¡him¡¡their¡¡first¡¡check¡£¡¡He¡¡looked¡¡at¡¡it

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