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John Harrison Wilson, The life of Charles Henry Dana, Chapter 22: beginning of a New era (search)
pparent. I visited him in February, and found that the concern was already crippled by lack of means. The situation was both unexpected and embarrassing. As Dana had been compelled to borrow money while in government employment to pay the difference between his meagre salary and his actual expenses, he counted upon the ample salary which lad been promised him to pay his debts, put his family in easy circumstances, and begin the accumulation for a rainy day, but this was not to be. On April 30, 1866, he wrote to me: I have been worked to death since you were here, and much disturbed by difficulties in the Republican. These difficulties are serious, and how they will end I don't know. I shall get out of the concern if I can, unless it is put on a different basis, and means are raised by the capitalists who have invested in it to carry it through in a satisfactory manner. The publisher is a bad man, and not as judicious as he is smart. That is the essence of the trouble. I