Medicine: In Milwaukee

The Journal of the American Medical Association last year took in $1,534,609.98 and earned a profit of $605,095.69.* That profit paid for the A. M. A.'s many activities last year—as, the persistent campaign against quacks, health and public instruction, censoring of commercial food and drug products, inspecting & rating medical schools and hospitals, publishing learned, unprofitable journals. After all these expenses the A. M. A. had a surplus for the year of $93,842.75.

Over a period of years, the A. M. A. has accumulated from the profits of its magazine a total of $3,400,000 including...

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!