Four men sat around a long conference table in a Manhattan publisher's office one day last week, registering varying degrees of pleasure. Large, dapper Publisher Richard Roy Smith beamed. Wide-eyed Critic George Jean Nathan puffed contentedly on a cigar. Ernest Boyd lolled crosslegged, grinning through his messianic beard. Hulking Theodore Dreiser looked less glum than usual. All had just learned that the first monthly issue of The American Spectator ("A Literary Newspaper") published by Mr. Smith and edited by the three writers (plus James Branch Cabell and Eugene O'Neill) had sold out...
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