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Updated: May 11, 2025
On April 18, 1894, the firm whose business enterprises had always figured in large sums through the immense popularity of the author-publisher's own works, the Memoirs of General Grant, and the Life of Pope Leo, made an assignment for the benefit of its creditors. The bankrupt firm acknowledged liabilities approximating $80,000.
Unless they pay me the whole amount shortly, I shall return to Salem, and stay there till they do." It seems a currish fate that puts such men into the grasp of paltry and sordid cares like these! But there is something deeper to be felt than dissatisfaction at the author-publisher's feeble though annoying scheme of harnessing in this rare poet to be his unpaid yet paying hack.
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