Career · Entrepreneur memoirs

Edward W. Bok:The Americanization of Edward Bok, Additional Excerpt 315

Edward W. Bok《The Americanization of Edward Bok》· The Americanization of Edward Bok · Leadership

The magazine had by no means an easy road to travel financially. The doubling of the subscription price to one dollar per year had materially checked the income for the time being; the huge advertising bills, sometimes exceeding three hundred thousand dollars a year, were difficult to pay; large credit had to be obtained, and the banks were carrying a considerable quantity of Mr. Curtis's notes. But Mr. Curtis never wavered in his faith in his proposition and his editor. In the first he invested all he had and could borrow, and to the latter he gave his undivided support. The two men worked together rather as father and son--as, curiously enough, they were to be later--than as employer and employee. To Bok, the daily experience of seeing Mr. Curtis finance his proposition in sums that made the publishing world of that day gasp with sceptical astonishment was a wonderful opportunity, of which the editor took full advantage so as to learn the intricacies of a world which up to that time he had known only in a limited way.

Source: https://www.gutenberg.org/ebooks/3538
Locator:Additional excerpt 315 · Verified:2026-10-19 · Verification:Short excerpt

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