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By Helen Gray Cone

YES, you may build her again
As she was when she sailed the sea;
She may bear the brave old name,
And the harbors hail her the same;
'Tis her semblance, it is not she!
She is gone from our mortal ken.

I know not how or when,
But her spirit escaped away
From the dock and the dull decay,
From the uses of unprized age
And the changes wrought of men;
Like a wild sea-bird from a cage,
Her soul took flight from the form
To the tides that none can tame,
To the restless fields of her fame,
To the wet salt wind and the storm!

VOL. XXII.-48

Somewhere she ranges free,

Stately, a shape of light,

Revisiting leagues of sea
Illumined with glorious fight.

She hangs like a lucent cloud

On the coast where her guns spoke loud,

In the gates of the Moslem proud,

Till the Crescent grew faint with fright.
Exultant she bounds on the brine,

Tracing the course of the race
When the Æolus held her in chase,
And the Belvidere and the Shannon,
And the Africa, ship-o'-the-line,
With another, doomed to her cannon,
To be blazoned in flame at the last,
When the grim sea-duel was done :
God rest the souls that passed
Ere the Guerrière's leeward gun!
Ere the noblest flag on the sea

Came down to the Stripes and Stars!
Oh, the frigate-ghost, as she ranges free,
Thrills yet through her spectral spars!

Aye, the old pride stirs her still
As she sails and sails at will;
In her cross-trees memories nestle,
Though she walks the wave a ghost.
Well she minds the wary wrestle
When her shot poured hot as lava
On the shattered, stubborn Java,
Off the dim Brazilian coast;

And she haunts the moonlit, seas
Where her crashing broadsides broke
Through the drift of silvered smoke
While she waged a double battle
In the waters Portuguese.

Still the ghostly muskets rattle,
And the old drums beat, beat, beat,
Like a heart that will not die;
And the old fife whistles high,
And the powder-scent is rank,
And she feels on her hollow plank
The old, dead heroes' feet!

Ah, never sailor-man

Has seen her where she ranges,
Escaped from time and changes
As only spirits can,

Clear, absolute, and free!

Yet, some stern hour to be,

When a fight is fought at sea,

And the right of the fight is ours,

And the cause of the right is failing,

There shall rise a frigate sailing,

A luminous presence paling

Through the powder-cloud where it lowers;

Pale smoke from her side shall break,

Pale faces over her railing

Shall frown, till the foemen shake
With fear and bewildered passion,,
Marking her old-time fashion,
In the turrets of hostile powers;
And then shall the rumor run
Like a lightning from lip to lip,
And shall leap from ship to ship,
While the wounded gunner reels
Again to his reeking gun,

Touched with a magic that heals,
Feeling this vision remind him

That the strong Dead fight behind him:

"Tis the ghost of IRONSIDES,

Come back from the tameless tides,

From the ocean-fields unbounded,

Complete with her scattered spars,
Manned with the shades of her tars,
With the smoke of her guns surrounded,
To succor the Stripes and Stars!"

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(THE CONDUCT OF GREAT BUSINESSES-SIXTH PAPER)

By J. Lincoln Steffens

WITH ILLUSTRATIONS BY W. R. LEIGH

HE executive heads of some twoscore of the great newspapers in America, "talking shop" on a railway train last spring, spoke of their properties as factories, and when the editorial department was mentioned discussed "their traffic in news," and likened the management of it to that of a department. store. White paper was the raw material which was bought in bulk by the ton to be sold at a profit retail, and the price and quality of the several brands was the favorite topic of conversation. The machinery by which it was prepared for the market was interesting; circulation and advertising were fascinating subjects, too delicate and dangerous, however, for easy chat. Public ques

tions were not once raised, and editorial policies might never have existed. These men were the publishers and business managers and proprietors of newspapers, not editors and writers, but they "ran" their papers; they represented "the press." Journalism to-day is a business. To write of it as such is to write of it as it is.

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ment store is borne out in principle and method. The managing editor aims to supply all the wants of all sorts of people, and the variety of interests handled there is divided into departments, each with a sub-editor : the foreign news, with a cable editor; the national and state news with a telegraph editor; the local news, with a city editor; and so on through the dramatic, the financial, the society, the exchange, the art, the literary, the sporting departments, with their expert managers and corps of assistants.

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"Extr', extree! just out."

This may seem to the "constant reader" a rather brutal conception of the fourth estate, but it is the inside view, and Mr. Leigh, who has taken it for his illustrations, partly accounts for, if he does not wholly justify, it. His pictures of the press, composing, and stereotyping rooms, with their immense, complicated, delicate machinery look like glimpses of a factory plant. The paper on which the news is printed is the heaviest single item of expense; the man

The man who paid the paper bill of $617,000 expended altogether that year more than two millions of dollars. He has a morning and an evening paper, and he employs 1,300 men and women every day in the year, besides twice that number who serve him at occasional critical moments. His stock in trade, the news, is collected from all over the world. The course of his business affects and is affected by every interest in the civilized world, and he has

connections in two or three, often conflict- he is deficient in executive ability he has ing, capacities with all the businesses in the. community where his paper is published. To conduct such a business requires expert skill. The methodical expenditure of so much money is difficult enough, while to do it and make a profit is a financial operation of the first magnitude. It means that a multitude of complex problems have been solved, that all sorts of intricate, delicate transactions have been carried through in accordance with a well-studied plan and carefully defined principles. It means brains and character, such as were found in all the other businesses described in this series of articles.

Now this whole article might be written to show this in detail. But the truth of the proposition is quite obvious in this case, and in the course of my preparation of material I came upon something better. I talked with the editors, proprietors, and managers of nearly a hundred newspapers, representative journals of New York, Chicago, Boston, Philadelphia, St. Louis, San Francisco, Richmond, Baltimore, Washington, and of many cities, towns, and villages in between, and while they related their experiences, described their methods, and showed their plants, they disclosed, often unconsciously (which was best), their point of view and the direction they are taking. These bear on the future of journalism.

The magnitude of the financial operations of the newspaper is turning journalism upside down. There are still great editors whose personalities make the success of their organs, but, always few, the number of them has not increased with the multiplication of newspapers, and even where they dominate they have to leave to others the mass of detail that has accumulated under and about the editorial chair. If the editor is the owner and has business capacities, he is attracted downstairs to the counting room. If

to engage a man who has it, and the re-
quirements are such that the business
manager, if fit, is likely to have a person-
ality of his own so strong, indeed, that
he will demand a share in the property
and the profits and the policy. Then,
too, the old editors die. Their heirs, sel-
dom inheriting the brains with the busi-
ness, turn it over to a financial manager to
maintain it for the income he can produce.
If there is no heir and the property is sold,
the price is so high that business men who
have become capitalists in other businesses,
not writers, are best able to acquire control.
The most common mode of transition here-
tofore, however, has been through the news
department. The expansion there has been
the characteristic development of modern
journalism, till now the news service is a
tremendous piece of machinery. The man-
aging editor, who engineers it, is a man
who seldom puts pen to paper.
He may
have been a writer; he is always a trained
journalist; but he has risen to his place
because of his executive ability, not be-
cause his style was good. Having to do
so much that was business, having culti-
vated the news instinct, which is merely a
sense of a market, it was natural that he
should reach out from the principal to the
dependent branches of the organ-
ization.

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"What paper, sir?"

Newspaper men see the drift of their profession into commercial hands. I found editors everywhere who deplored it as a fact, and business managers who rejoiced at it as a hope yet to be fully realized. The question that rises in the layman's mind was in theirs What is the business man

going to do with the newspaper?

When a commercial journalist sets out to build up a newspaper, he does not have an ideal before him. He does

not say to himself that modern journalism is bad, that there is no paper in the world that is perfect, and that the way it ought to be is thus and so. I met a dozen men who had begun with their pa

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The raw material of the business. It is bought in bulk, by the ton. Delivered as shown in the picture it is unrolled, then rolled again on the press cylinder to be reeled off in newspapers in shape to sell.

pers during the last fifteen years, some who had succeeded within five years, and their stories were all alike in essentials. They had picked up the business in the news or business departments. While they were doing that they were studying the field. Just as a thrifty grocer's clerk goes around, not with ideas of the sweetest but ter and the purest sugar in his head, but with savings in his pocket, and a clear notion of the peculiarities of neighborhoods, and picks out a vacant corner in a residence district, so the would-be newspaper publisher seeks a place. If there is a chance to open a store in Fifth Avenue, the young grocer may undertake to stock up with fine goods, otherwise he will be content to supply the Third Avenue trade.

One of the most recent journalistic successes I inquired about closely was a onecent evening newspaper in Philadelphia which was established by a man who had gone to that city as the head of a subordinate department on a high-priced paper. He spent two or three years surveying the field. There were high-class morning and VOL. XXII.-49

evening papers, more than enough morning papers to satisfy all tastes, but among all the evening papers there was only one for a penny and that had no news. It had absolutely no telegraph service, and the local matter was cheap gossip. There was a vacant corner, he thought. He analyzed the demand he believed existed, talking with people he met wherever he went and reading the penny papers that were succeeding in other large cities. Then he bought a moribund two-cent evening paper. Feeling his way cautiously, he altered the sheet to conform to his empirical ideas and reduced the price to one cent. From 6,000 a day the circulation increased in a month to 28,000, in a year to over 50,000. In three years his paper was a paying property.

Every city of the first rank has some such example of quick success, and the most recent are evening papers, showing that there has been a movement in that direction. The field has been neglected till the rise of the commercial spirit and the fall of the price of white paper opened it. The old journalist, though he valued his

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