"I found a newspaper that would sell out. It was in a large Southern city: I don't care to give its name. The proprietor was in ill health and wanted to leave the country. It was a good plant, and it was clearing $3,000 a year above expenses. I got it for $12,000 cash, put $3,000 in bank and sat down and wrote out a neat little advertisement to catch the young would-be journalists. I sent these advertisements to some big Northern and Eastern papers and waited for responses. "My paper was well known, and the idea of getting a place on it to learn journalism seemed to strike the people just right. I advertised that as there were only a limited number of places to be filled, I would have to consider applications in the form of bids, and the one bidding highest for each position got it. "You wouldn't believe it if I told the number of answers I got. I filed everything for about a week, and then I looked over the references they sent me, sized up the bids and selected my force. I ordered them to report on a certain day, and they were on time, eager to go to work. I got $50 per week from my editorial writer; $40 from my city editor; $25 each from three reporters; $20 from a dramatic critic; $35 from a literary editor, and $30 each from night and telegraph editors. I also accepted three special writers, who paid me $15 per week each for doing special assignments. I was managing editor and was to direct, criticize and instruct the staff. * * * * * "I discharged the old force, and after an hour's course of instruction I turned my new staff loose upon their duties. Most of them had graduated with high honors at college and were of wealthy families, who could afford to pay well for the splendid advantage of entering them in Binkley's Practical School of Journalism. "When the staff dispersed, eager and anxious, to their several duties, I leaned back in my revolving chair with a smile of satisfaction. Here was an income of $1,400 per month coming from and not paid to my staff, besides the $3,000 yearly profit from the paper. Oh, it was a good thing. "Of course, I expected a little crudeness and stiffness about the work of my staff at first, but I calculated that they would err on the side of fine writing rather than otherwise. I lit a cigar and strolled through the editorial rooms. The leader writer was at his desk working away, his high, intellectual forehead and broadcloth clothes presenting a fine appearance. The literary editor was consulting an encyclopedia with a knitted brow, and the dramatic critic was pasting a picture of Shakespeare above his desk. The city force were out news gathering.