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Richmond Dana (search for this): chapter 23
alent was needed, and it soon became evident to Dana that capital in sufficient quantities could notously supported to the end. A few days later Dana wrote to me that while it was most desirable thsuccess in such a venture. Early in December Dana went to Washington on business, but before goin you from coming to see me. How the idea of Dana's being unfriendly to Grant at that time originested and sensible, and far too likely to share Dana's opinions on such subjects to condemn him for y the fact that externally, at least, Grant and Dana remained on friendly if not intimate terms tillad become President. This is shown not only by Dana's letters to me during that period, but by the icago Republican began almost immediately after Dana's connection with it. He had scarcely got settltion was both unexpected and embarrassing. As Dana had been compelled to borrow money while in govnferred generally from them, till the break with General Grant introduced a new era in Dana's life. [13 more...]
Edwin M. Stanton (search for this): chapter 23
l as the novelty of the situation with which the administration and the Congress had to deal. Naturally independent, if not radical in his views, his qualities soon began to show themselves in the character of his newspaper. He had personally but a poor opinion of Andrew Johnson, who as president at least was a creature of accident. In common with the more conservative Republicans, Dana was loath to break with him, but as the fight developed he gradually found himself taking sides with Stanton, and favoring the radical policy of reconstruction which was brought forward by his friends in Congress. While this was by far the most important question under discussion, the issues were slow in developing themselves. Besides, however interesting they may have been, they were not a sufficient basis upon which to found a popular newspaper. Chicago, although a growing and important place, was far from being, as it is now, the second city in the Union. It was well supplied with newspaper
Andrew Johnson (search for this): chapter 23
Chapter 22: beginning of a New era Editor of Chicago Republican Opposes policy of Andrew Johnson Supports Grant for presidency life of Grant failure of Chicago newspaper returns to New show themselves in the character of his newspaper. He had personally but a poor opinion of Andrew Johnson, who as president at least was a creature of accident. In common with the more conservatihe plan of rushing the South back into the Union, so that she may vote for a friend of ours [Andrew Johnson] in 186S won't work. The rebels are rampant, and will have to come down. This passing rey, and by women. He means one thing to-day and another to-morrow, but the glorification of Andrew Johnson all the time. He is capable of almost any enormity, but he will be foiled and covered with n be said is that they were independent and vigorous, but not at first specially hostile to Andrew Johnson or his policies. They were doubtless followed logically by the editorials of the New York S
June (search for this): chapter 23
crifice in the process of extricating myself. I conclude that the express company is all up, for I see that J. E. Johnston has been beaten in an attempt to become president of the Mobile & Ohio Railroad. Where does this leave you, and how soon will you get out of it? ... How is Rawlins? Matters now culminated rapidly. The parties concerned could not raise the money necessary to put the newspaper on a sound footing, and there was nothing for Dana to do but to leave it. He went East in June for a conference with his friends, in consequence of which he decided to start a newspaper of his own in New York. On July 18, 1866, he wrote me from Washington that he was there on business, and had gone over on the same train with General Grant and his family; that Porter and Badeau were in the party; that the heat and dust were stifling, and that he had seen the party the next day in much more comfortable condition. He added: Rawlins, too, looks very well, but I notice that his
July 27th, 1866 AD (search for this): chapter 23
sident is an obstinate, stupid man, governed by preconceived ideas, by whiskey, and by women. He means one thing to-day and another to-morrow, but the glorification of Andrew Johnson all the time. He is capable of almost any enormity, but he will be foiled and covered with even greater infamy than John Tyler. Send along Swinton as soon as possible. I shall be here certainly till the end of next week, and possibly somewhat longer. Then I shall go to Chicago for a short time. On July 27, 1866, he stopped with me in Delaware on his way to Chicago. While there he sold his house at a profit, and thus made it possible to re-establish his family in New York, although he had not yet secured all of the capital needed for his new venture, and seemed to be quite uncertain as to his ultimate success. Indeed, that project proved harder to carry through than he expected. So far as could be seen, there were already enough daily newspapers in New York City, and hence, with all Dana cou
January 8th, 1868 AD (search for this): chapter 23
ot yet secured all of the capital needed for his new venture, and seemed to be quite uncertain as to his ultimate success. Indeed, that project proved harder to carry through than he expected. So far as could be seen, there were already enough daily newspapers in New York City, and hence, with all Dana could do, he could not complete his financial arrangements till well towards the close of 1867. Perhaps the delay was a fortunate one both for himself and for his stockholders, for on January 8, 1868, he wrote: Thanks for your welcome letter. It finds me in the midst of business. Just as we were about commencing our own paper, the purchase of the Sun was proposed to me and accepted. It has a circulation of from fifty to sixty thousand a day, and all among the mechanics and small merchants of this city. We pay a large sum for it-$175,000-but it gives us at once a large and profitable business. If you have a thousand dollars at leisure you had better invest it in the stoc
November 6th, 1865 AD (search for this): chapter 23
It was well supplied with newspapers, several of which were exceedingly able and enterprising, and this made it all the more difficult for the Republican. It was brilliant, able, independent, and interesting; but capital as well as talent was needed, and it soon became evident to Dana that capital in sufficient quantities could not be had to put it firmly on its feet. After a year of struggle and disappointment he resolved to give it up and buy or found a newspaper in New York. On November 6, 1865, he wrote to me that he had received and used certain hints that I had sent him about the condition of affairs in Georgia, that he had just learned that one of the President's private secretaries had been caught selling pardons and stealing otherwise to the amount of thirty thousand dollars; that he had been relieved from his confidential position and ordered back to to his regiment, where he would be permitted to resign in order not to scandalize the President, and that the story was
July 18th, 1866 AD (search for this): chapter 23
een beaten in an attempt to become president of the Mobile & Ohio Railroad. Where does this leave you, and how soon will you get out of it? ... How is Rawlins? Matters now culminated rapidly. The parties concerned could not raise the money necessary to put the newspaper on a sound footing, and there was nothing for Dana to do but to leave it. He went East in June for a conference with his friends, in consequence of which he decided to start a newspaper of his own in New York. On July 18, 1866, he wrote me from Washington that he was there on business, and had gone over on the same train with General Grant and his family; that Porter and Badeau were in the party; that the heat and dust were stifling, and that he had seen the party the next day in much more comfortable condition. He added: Rawlins, too, looks very well, but I notice that his cough still seems very ugly. During this trip he was asked in the interest of General Grant to write a criticism of William Sw
February (search for this): chapter 23
book separately on my own account. There was no suggestion of Dana's unfriendliness in this correspondence, and no doubt cast upon his perfect good faith. Other facts will be cited in their proper order to sustain this view of the case. The troubles with the Chicago Republican began almost immediately after Dana's connection with it. He had scarcely got settled and begun work in earnest before the fact that enough actual capital had not been provided became apparent. I visited him in February, and found that the concern was already crippled by lack of means. The situation was both unexpected and embarrassing. As Dana had been compelled to borrow money while in government employment to pay the difference between his meagre salary and his actual expenses, he counted upon the ample salary which lad been promised him to pay his debts, put his family in easy circumstances, and begin the accumulation for a rainy day, but this was not to be. On April 30, 1866, he wrote to me:
April 30th, 1866 AD (search for this): chapter 23
pparent. I visited him in February, and found that the concern was already crippled by lack of means. The situation was both unexpected and embarrassing. As Dana had been compelled to borrow money while in government employment to pay the difference between his meagre salary and his actual expenses, he counted upon the ample salary which lad been promised him to pay his debts, put his family in easy circumstances, and begin the accumulation for a rainy day, but this was not to be. On April 30, 1866, he wrote to me: I have been worked to death since you were here, and much disturbed by difficulties in the Republican. These difficulties are serious, and how they will end I don't know. I shall get out of the concern if I can, unless it is put on a different basis, and means are raised by the capitalists who have invested in it to carry it through in a satisfactory manner. The publisher is a bad man, and not as judicious as he is smart. That is the essence of the trouble. I
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