The Brass Check: A Study of American JournalismSinclair, Upton
General
The Brass Check: A Study of American Journalism
Sinclair, Upton
Associated Press; Journalism -- United States; Press -- United States
For great “interests” have a way of being wide-awake even at the late
hour when the forms of newspapers close; they have a way of knowing what
they want, and of getting it. “I am a great clamorer for dividends,”
testified old Rockefeller; and imagine, if you can, a publishing
enterprise controlled by old Rockefeller—how closely the policy of that
enterprise would be attended to! Imagine, if you can, one controlled by
Pierpont Morgan!
It happens that I can tell you about one of these latter. The story has
to do with one of the most famous publishing-houses in America, a house
which is a national institution, known to every literate person—the
ancient house of “Harper’s,” which now has the misfortune to have an
eight hundred thousand dollar mortgage reposing in the vaults of J. P.
Morgan & Company. Would you think me absurd if I should state that the
publishing-business of Harper & Bros. is managed to the minutest detail
by this mortgage?
First, recall to mind “The Money-changers,” a novel dealing with the
causes of the 1907 panic. The “villain” of this novel is a certain “Dan
Waterman,” a great financier who dominates the life of Wall Street, and
who in his relations to women is an old wild boar. The veil of fiction
was thin, and was meant to be. Every one who knew the great Metropolis
of Mammon would recognize Pierpont Morgan, the elder, and would know
that the picture was true both in detail and in spirit. Naturally old
“J. P.” himself would be furious, and his hired partisans would be
looking for a chance to punish his assailant.
Very well. Five years passed, and I was editing an anthology of
revolutionary literature. I was quoting authors from Homer to H. G.
Wells, several hundred in all, and as part of the routine of the job, I
addressed a long list of authors and publishing-houses, requesting
permission to quote brief extracts from copyrighted books, due credit of
course to be given. Such quotations are a valuable advertisement for any
book, the more valuable because they are permanent; the request is a
matter of form, and its granting a matter of course. It proved to be
such in the case of all publishing-houses both in America and in
England—all save one, the house of the eight hundred thousand dollar
mortgage! This house informed me that no book of mine might contain a
line from any book published by them. My reputation was such that I
would injure the value of any book which I quoted!
Public-domain text, read in full here on John Shaqi.
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