Fortunately one firm stood out so prominently, as a bulwark of financial strength and security, that its president, Mr. Charles Scribner, of Charles Scribner's Sons, could afford to take the initiative in calling for reform. He invited the co-operation of other publishers, and a year ago this month they met in New York and organized the American Publishers' Association. Their organization now includes practically all of the general publishers who contribute anything of real value to current literature. The publishers canvassed thoroughly the causes that had led to the decline of the trade, and they appointed a committee to draft reform measures. In reviewing the decline of the trade, two facts stood out so prominently that it was impossible to disassociate them as cause and effect. The three thousand booksellers, upon whom, as purveying agents, the publishers had depended a generation ago, had shrunk in number until only about five hundred could be counted who were worthy to be called booksellers. The other fact, which doubtless made quite as deep an impression upon the minds of the publishers, was that the long line of books, on each of their published catalogs, was practically dead. Those books of high standard character, by eminent authors, books that for years had had a good annual sale, no longer moved. These standard books have been a large source of revenue to publishers and their authors for many years. But now so few of them are sold that it hardly pays the publishers to send their travellers over the road. Few dry-goods merchants, druggists, newsdealers and stationers, that have recently been induced to carry a small number of books, feel sufficiently well acquainted with salable literature to warrant their carrying anything more than the most popular-selling new copyrighted novels and cheap reprints of non-copyrighted books that sell for twenty-five cents or less. As stated above, there are a few large department stores that carry a more general stock, but they are so few that the support received from them is not sufficient to compensate, in any measure, the loss sustained through the sacrifice of the regular booksellers. Moreover, the regular booksellers that still remain in the business have not been buying many standard books of late. Seeing their profit in fiction sacrificed by unfair competition, many of them have ordered only enough of the new copyrighted novels to keep alive their accumulated stocks of standard books, until they can sell them out or reduce them to a point where they can afford to abandon the book business.