Captains of Industry; or, Men of Business Who Did Something Besides Making Money
Part 15
In fact, upon the settlement of his account at the end of his seven months' labor, he had drawn for his personal expenses six dollars only. Of the rest of his wages he retained fifteen dollars for himself, and gave all the rest, amounting to about a hundred and twenty dollars, to his father, who, I am afraid, did not make the very best use of all of it.
With the great sum of fifteen dollars in his pocket, Horace now resolved upon a bold movement. After spending a few days at home, he tied up his spare clothes in a bundle, not very large, and took the shortest road through the woods that led to the Erie Canal. He was going to New York, and he was going cheap!
A walk of sixty miles or so, much of it through the primeval forest, brought him to Buffalo, where he took passage on the Erie Canal, and after various detentions, he reached Albany on a Thursday morning just in time to see the regular steamboat of the day move out into the stream. At ten o'clock on the same morning he embarked on board of a tow-boat, which required nearly twenty-four hours to descend the river, and thus afforded him ample time to enjoy the beauty of its shores.
On the 18th of August, 1831, about sunrise, he set foot in the city of New York, then containing about two hundred thousand inhabitants, one sixth of its present population. He had managed his affairs with such strict economy that his journey of six hundred miles had cost him little more than five dollars, and he had ten left with which to begin life in the metropolis. This sum of money and the knowledge of the printer's trade made up his capital. There was not a person in all New York, so far as he knew, who had ever seen him before.
His appearance, too, was much against him, for although he had a really fine face, a noble forehead, and the most benign expression I ever saw upon a human countenance, yet his clothes and bearing quite spoiled him. His round jacket made him look like a tall boy who had grown too fast for his strength; he stooped a little and walked in a loose-jointed manner. He was very bashful, and totally destitute of the power of pushing his way, or arguing with a man who said "No" to him. He had brought no letters of recommendation, and had no kind of evidence to show that he had even learned his trade.
The first business was, of course, to find an extremely cheap boarding-house, as he had made up his mind only to try New York as an experiment, and, if he did not succeed in finding work, to start homeward while he still had a portion of his money. After walking awhile he went into what looked to him like a low-priced tavern, at the corner of Wall and Broad Streets.
"How much do you charge for board?" he asked the bar-keeper, who was wiping his decanters and putting his bar in trim for the business of the day.
The bar-keeper gave the stranger a look-over and said to him:--
"I guess we're too high for you."
"Well how much do you charge?"
"Six dollars."
"Yes, that's more than I can afford."
He walked on until he descried on the North River, near Washington Market, a boarding-house so very mean and squalid that he was tempted to go in and inquire the price of board there. The price was two dollars and a half a week.
"Ah!" said Horace, "that sounds more like it."
In ten minutes more he was taking his breakfast at the landlord's table. Mr. Greeley gratefully remembered this landlord, who was a friendly Irishman by the name of McGorlick. Breakfast done, the new-comer sallied forth in quest of work, and began by expending nearly half of his capital in improving his wardrobe. It was a wise action. He that goes courting should dress in his best, particularly if he courts so capricious a jade as Fortune.
Then he began the weary round of the printing-offices, seeking for work and finding none, all day long. He would enter an office and ask in his whining note:--
"Do you want a hand?"
"No," was the invariable reply; upon receiving which he left without a word. Mr. Greeley chuckled as he told the reception given him at the office of the "Journal of Commerce," a newspaper he was destined to contend with for many a year in the columns of the "Tribune."
"Do you want a hand?" he said to David Hale, one of the owners of the paper.
Mr. Hale looked at him from head to foot, and then said:--
"My opinion is, young man, that you're a runaway apprentice, and you'd better go home to your master."
The applicant tried to explain, but the busy proprietor merely replied:--
"Be off about your business, and don't bother us."
The young man laughed good-humoredly and resumed his walk. He went to bed Saturday night thoroughly tired and a little discouraged. On Sunday he walked three miles to attend a church, and remembered to the end of his days the delight he had, for the first time in his life, in hearing a sermon that he entirely agreed with. In the mean time he had gained the good will of his landlord and the boarders, and to that circumstance he owed his first chance in the city. His landlord mentioned his fruitless search for work to an acquaintance who happened to call that Sunday afternoon. That acquaintance, who was a shoemaker, had accidentally heard that printers were wanted at No. 85 Chatham Street.
At half-past five on Monday morning Horace Greeley stood before the designated house, and discovered the sign, "West's Printing-Office," over the second story; the ground floor being occupied as a bookstore. Not a soul was stirring up stairs or down. The doors were locked, and Horace sat down on the steps to wait. Thousands of workmen passed by; but it was nearly seven before the first of Mr. West's printers arrived, and he, too, finding the door locked, sat down by the side of the stranger, and entered into conversation with him.
"I saw," said this printer to me many years after, "that he was an honest, good young man, and, being a Vermonter myself, I determined to help him if I could."
Thus, a second time in New York already, _the native quality of the man_ gained him, at the critical moment the advantage that decided his destiny. His new friend did help him, and it was very much through his urgent recommendation that the foreman of the printing-office gave him a chance. The foreman did not in the least believe that the green-looking young fellow before him could set in type one page of the polyglot Testament for which help was needed.
"Fix up a case for him," said he, "and we'll see if he _can_ do anything."
Horace worked all day with silent intensity, and when he showed to the foreman at night a printer's proof of his day's work, it was found to be the best day's work that had yet been done on that most difficult job. It was greater in quantity and much more correct. The battle was won. He worked on the Testament for several months, making long hours and earning only moderate wages, saving all his surplus money, and sending the greater part of it to his father, who was still in debt for his farm and not sure of being able to keep it.
Ten years passed. Horace Greeley from journeyman printer made his way slowly to partnership in a small printing-office. He founded the "New Yorker," a weekly paper, the best periodical of its class in the United States. It brought him great credit and no profit.
In 1840, when General Harrison was nominated for the presidency against Martin Van Buren, his feelings as a politician were deeply stirred, and he started a little campaign paper called "The Log-Cabin," which was incomparably the most spirited thing of the kind ever published in the United States. It had a circulation of unprecedented extent, beginning with forty-eight thousand, and rising week after week until it reached ninety thousand. The price, however, was so low that its great sale proved rather an embarrassment than a benefit to the proprietors, and when the campaign ended, the firm of Horace Greeley & Co. was rather more in debt than it was when the first number of "The Log-Cabin" was published.
The little paper had given the editor two things which go far towards making a success in business,--great reputation and some confidence in himself. The first penny paper had been started. The New York "Herald" was making a great stir. The "Sun" was already a profitable sheet. And now the idea occurred to Horace Greeley to start a daily paper which should have the merits of cheapness and abundant news, without some of the qualities possessed by the others. He wished to found a cheap daily paper that should be good and salutary, as well as interesting. The last number of "The Log-Cabin" announced the forthcoming "Tribune," price one cent.
The editor was probably not solvent when he conceived the scheme, and he borrowed a thousand dollars of his old friend, James Coggeshall, with which to buy the indispensable material. He began with six hundred subscribers, printed five thousand of the first number, and found it difficult to give them all away. The "Tribune" appeared on the day set apart in New York for the funeral procession in commemoration of President Harrison, who died a month after his inauguration.
It was a chilly, dismal day in April, and all the town was absorbed in the imposing pageant. The receipts during the first week were ninety-two dollars; the expenses five hundred and twenty-five. But the little paper soon caught public attention, and the circulation increased for three weeks at the rate of about three hundred a day. It began its fourth week with six thousand; its seventh week, with eleven thousand. The first number contained four columns of advertisements; the twelfth, nine columns; the hundredth, thirteen columns.
In a word, the success of the paper was immediate and very great. It grew a little faster than the machinery for producing it could be provided. Its success was due chiefly to the fact that the original idea of the editor was actually carried out. He aimed to produce a paper which should morally benefit the public. It was not always right, but it always meant to be.
JAMES GORDON BENNETT,
AND HOW HE FOUNDED HIS HERALD.
A cellar in Nassau Street was the first office of the "Herald." It was a real cellar, not a basement, lighted only from the street, and consequently very dark except near its stone steps. The first furniture of this office,--as I was told by the late Mr. Gowans, who kept a bookstore near by,--consisted of the following articles:--
Item, one wooden chair. Item, two empty flour barrels with a wide, dirty pine board laid upon them, to serve as desk and table. End of the inventory.
The two barrels stood about four feet apart, and one end of the board was pretty close to the steps, so that passers-by could see the pile of "Heralds" which were placed upon it every morning for sale. Scissors, pens, inkstand, and pencil were at the other end, leaving space in the middle for an editorial desk.
This was in the summer of 1835, when General Jackson was President of the United States, and Martin Van Buren the favorite candidate for the succession. If the reader had been in New York then, and had wished to buy a copy of the saucy little paper, which every morning amused and offended the decorous people of that day, he would have gone down into this underground office, and there he would have found its single chair occupied by a tall and vigorous-looking man about forty years of age, with a slight defect in one of his eyes, dressed in a clean, but inexpensive suit of summer clothes.
This was James Gordon Bennett, proprietor, editor, reporter, book-keeper, clerk, office-boy, and everything else there was appertaining to the control and management of the New York "Herald," price one cent. The reader would perhaps have said to him, "I want to-day's 'Herald.'" Bennett would have looked up from his writing, and pointed, without speaking, to the pile of papers at the end of the board. The visitor would have taken one and added a cent to the pile of copper coin adjacent. If he had lingered a few minutes, the busy writer would not have regarded him, and he could have watched the subsequent proceedings without disturbing him. In a few moments a woman might have come down the steps into the subterranean office, who answered the editor's inquiring look by telling him that she wanted a place as cook, and wished him to write an advertisement for her. This Would have been entirely a matter of course, for in the prospectus of the paper it was expressly stated that persons could have their advertisements written for them at the office.
The editor himself would have written the advertisement for her with the velocity of a practiced hand, then read it over to her, taking particular pains to get the name spelled right, and the address correctly stated.
"How much is it, sir?"
"Twenty-five cents."
The money paid, the editor would instantly have resumed his writing. Such visitors, however, were not numerous, for the early numbers of the paper show very few advertisements, and the paper itself was little larger than a sheet of foolscap. Small as it was, it was with difficulty kept alive from week to week, and it was never too certain as the week drew to a close whether the proprietor would be able to pay the printer's bill on Saturday night, and thus secure its reappearance on Monday morning.
There were times when, after paying all the unpostponable claims, he had twenty-five cents left, or less, as the net result of his week's toil. He worked sixteen, seventeen, eighteen hours a day, struggling unaided to force his little paper upon an indifferent if not a hostile public.
James Gordon Bennett, you will observe, was forty years old at this stage of his career. Generally a man who is going to found anything extraordinary has laid a deep foundation, and got his structure a good way above ground before he is forty years of age. But there was he, past forty, and still wrestling with fate, happy if he could get three dollars a week over for his board. Yet he was a strong man, gifted with a keen intelligence, strictly temperate in his habits, and honest in his dealings. The only point against him was, that he had no power and apparently no desire to make personal friends. He was one of those who cannot easily ally themselves with other men, but must fight their fight alone, victors or vanquished.
A native of Scotland, he was born a Roman Catholic, and was partly educated for the priesthood in a Catholic seminary there; but he was diverted from the priestly office, as it appears, by reading Byron, Scott, and other literature of the day. At twenty he was a romantic, impulsive, and innocent young man, devouring the Waverley novels, and in his vacations visiting with rapture the scenes described in them. The book, however, which decided the destiny of this student was of a very different description, being no other than the "Autobiography of Benjamin Franklin," a book which was then read by almost every boy who read at all. One day, at Aberdeen, a young acquaintance met him in the street, and said to him:--
"I am going to America, Bennett."
"To America! When? Where?"
"I am going to Halifax on the 6th of April."
"My dear fellow," said Bennett, "I'll go with you. I want to see the place where Franklin was born."
Three months after he stepped ashore at the beautiful town of Halifax in Nova Scotia, with only money enough in his pocket to pay his board for about two weeks. Gaunt poverty was upon him soon, and he was glad to earn a meagre subsistence for a few weeks, by teaching. He used to speak of his short residence in Halifax as a time of severe privation and anxiety, for it was a place then of no great wealth, and had little to offer to a penniless adventurer, such as he was.
He made his way to Portland, in Maine, before the first winter set in, and thence found passage in a schooner bound to Boston. In one of the early numbers of his paper he described his arrival at that far-famed harbor, and his emotions on catching his first view of the city. The paragraph is not one which we should expect from the editor of the "Herald," but I have no doubt it expressed his real feelings in 1819.
"I was alone, young, enthusiastic, uninitiated. In my more youthful days I had devoured the enchanting life of Benjamin Franklin written by himself, and Boston appeared to me as the residence of a friend, an associate, an acquaintance. I had also drunk in the history of the holy struggle for independence, first made on Bunker Hill. Dorchester Heights were to my youthful imagination almost as holy ground as Arthur's Seat or Salisbury Craigs. Beyond was Boston, her glittering spires rising into the blue vault of heaven like beacons to light a world to liberty."
In the glow of his first enthusiasm, and having nothing else to do, he spent several days in visiting the scenes of historic events with which his reading had made him familiar. But his slender purse grew daily more attenuated, and he soon found himself in a truly desperate situation, a friendless, unprepossessing young man, knowing no trade or profession, and without an acquaintance in the city. His last penny was spent. A whole day passed without his tasting food. A second day went by, and still he fasted. He could find no employment, and was too proud to beg. In this terrible strait he was walking upon Boston Common, wondering how it could be that he, so willing to work, and with such a capacity for work, should be obliged to pace the streets of a wealthy city, idle and starving!
"How shall I get something to eat?" he said to himself.
At that moment he saw something glittering upon the ground before him, which proved to be a silver coin of the value of twelve and a half cents. Cheered by this strange coincidence, and refreshed by food, he went with renewed spirit in search of work. He found it almost immediately. A countryman of his own, of the firm of Wells & Lilly, publishers and booksellers, gave him a situation as clerk and proof-reader, and thus put him upon the track which led him to his future success.
This firm lasted only long enough to give him the means of getting to New York, where he arrived in 1822, almost as poor as when he left Scotland. He tried many occupations,--a school, lectures upon political economy, instruction in the Spanish language; but drifted at length into the daily press as drudge-of-all-work, at wages varying from five to eight dollars a week, with occasional chances to increase his revenue a little by the odd jobbery of literature.
Journalism was then an unknown art in the United States, and no newspaper had anything at all resembling an editorial corps. The most important daily newspapers of New York were carried on by the editor, aided by one or two ill-paid assistants, with a possible correspondent in Washington during the session of Congress. And that proved to be James Gordon Bennett's opportunity of getting his head a little above water. He filled the place one winter of Washington corespondent to the New York "Enquirer;" and while doing so he fell in by chance in the Congressional library with a volume of Horace Walpole's gossiping society letters. He was greatly taken with them, and he said to himself: "Why not try a few letters on a similar plan from Washington, to be published in New York?"
He tried the experiment. The letters, which were full of personal anecdotes, and gave descriptions of noted individuals, proved very attractive, and gave him a most valuable hint as to what readers take an interest in. The letters being anonymous, he remained poor and unknown. He made several attempts to get into business for himself. He courted and served the politicians. He conducted party newspapers for them, without political convictions of his own. But when he had done the work of carrying elections and creating popularity, he did not find the idols he had set up at all disposed to reward the obscure scribe to whom they owed their elevation.
But all this while he was learning his trade, and though he lived under demoralizing influences, he never lapsed into bad habits. What he said of himself one day was strictly true, and it was one of the most material causes of his final victory:--
"Social glasses of wine are my aversion; public dinners are my abomination; all species of gormandizing, my utter scorn and contempt. When I am hungry, I eat; when thirsty, drink. Wine and viands, taken for society, or to stimulate conversation, tend only to dissipation, indolence, poverty, contempt, and death."
At length, early in 1835, having accumulated two or three hundred dollars, he conceived the notion of starting a penny paper. First he looked about for a partner. He proposed the scheme to a struggling, ambitious young printer and journalist, beginning to be known in Nassau Street, named Horace Greeley. I have heard Mr. Greeley relate the interview.
"Bennett came to me," he said, "as I was standing at the case setting type, and putting his hand in his pocket pulled out a handful of money. There was some gold among it, more silver, and I think one fifty-dollar bill. He said he had between two and three hundred dollars, and wanted me to go in with him and set up a daily paper, the printing to be done in our office, and he to be the editor.
"I told him he hadn't money enough. He went away, and soon after got other printers to do the work and the 'Herald' appeared."
This was about six years before the "Tribune" was started. Mr. Greeley was right in saying that his future rival in journalism had not money enough. The little "Herald" was lively, smart, audacious, and funny; it pleased a great many people and made a considerable stir; but the price was too low, and the range of journalism then was very narrow. It is highly probable that the editor would have been baffled after all, but for one of those lucky accidents which sometimes happen to men who are bound to succeed.
There was a young man then in the city named Brandreth, who had brought a pill over with him from England, and was looking about in New York for some cheap, effective way of advertising his pill. He visited Bennett in his cellar and made an arrangement to pay him a certain sum every week for a certain space in the columns of the "Herald." It was the very thing he wanted, a little _certainty_ to help him over that awful day of judgment which comes every week to struggling enterprises,--Saturday night!
Still, the true cause of the final success of the paper was the indomitable character of its founder, his audacity, his persistence, his power of continuous labor, and the inexhaustible vivacity of his mind. After a year of vicissitude and doubt, he doubled the price of his paper, and from that time his prosperity was uninterrupted. He turned everything to account. Six times he was assaulted by persons whom he had satirized in his newspaper, and every time he made it tell upon his circulation. On one occasion, for example, after relating how his head had been cut open by one of his former employers, he added:--
"The fellow no doubt wanted to let out the never failing supply of good-humor and wit which has created such a reputation for the 'Herald.'... He has not injured the skull. My ideas in a few days will flow as freshly as ever, and he will find it so to his cost."
In this humble, audacious manner was founded the newspaper which, in the course of forty-eight years, has grown to be one of national and international importance. Its founder died in 1872, aged seventy-seven years, in the enjoyment of the largest revenue which had ever resulted from journalism in the United States, and leaving to his only son the most valuable newspaper property, perhaps, in the world.