Business: Putnam, Minton & Balch

When books by Washington Irving and James Fenimore Cooper first appeared, they bore the imprint of G. P. Putnam who started publishing in 1837. Now oldest of U. S. publishing houses of direct descent is G. P. Putnam's Sons, its management having passed to the third generation. Last week the flux that has lately been tossing the book industry about seized this venerable firm.

George Palmer Putnam had three sons, most famed of whom was the late patriarchal Major George Haven Putnam whose anecdotes included his imprisonment by the rebels during the Civil War....

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!