Books: Vanishing Assets

THE ENDING OF HEREDITARY AMERICAN FORTUNES—Gustavus Myers — Messner ($3.50).

In 1909 a one-horse, Socialist-minded Chicago publisher printed a small edition of Gustavus Myers' History of the Great American Fortunes. Its author was a fact-worshipping reporter of Philadelphia and Manhattan who had spent eight years digging out his facts. No other publisher would touch it—they feared it was "of such a nature ... as to get us into a great deal of trouble." Declared a typical nose-holding review (New York Times): "It leaves such a bad taste in the mouth that readers may...

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