October 26 Friday – Edmund C. Stedman wrote a long letter to Sam arguing the value of the Library of American Literature. “You have made no ‘losses’, & will make none,” Stedman stated. “Look elsewhere for the causes of an adverse balance-sheet” [MTNJ 3: 430n 73]. No doubt Sam was biased against the work since it was the pet project of his ex-partner, Charles Webster.
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