New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-05-09
An EDITORS SORRY PLIGHT.
HIS EXPLANATION OF 1T TO THE PUBLIC
UNFORTUNATE START OF THE NETWORK
SATURDAY EVENING GAZETTE

SATURDAY EVENING GAZETTE
TO the Editor Of The Tribune.
Sir: In view OF the rumors which have been circu-
lated about The saturday Evening Gazette the fol-
lowing statement seems to be called for:
Some four or five months ago The Ncw-iork Ga
zettc7 Company unmited) was Incorporated In this
city. The purpose Of that company was to publish
weekly newspaper, to be known as The York
saturday Evening Gazette subsequently known as
The New York saturday Gazette and possibly To
be known in the future The saturday Gazette
The organizer and president OF The New YORK Satar-
| day Evening Gazette was David VI. Gnlay, al one
| time connected with The Evening Express Mr.
! t'azlay induced certain young gentlemen, prominent
here in New York as members Of rich and influential
! families, to embark with him in the "Gazete enter
prise. Their names, Mr.. Gazlay knew well enough.
were sufficient guarantees that the enterprise ought ID
be an honest and that journalists ana writers Oh
good Standing would not hesitate Oh the Strength OF
such names to give their service to the enterprise
The company mot the stock. by the way was cap,
talizcd at $4,000. Moreover, Mr. Gazlay convinced
his associates that his scheme could not fail to be
profitable and. alleged, that he himself WIS aDic
to obtain large sums Of money In its support. Aiter
such fashion the company was organized and one OF
the young gentlemen referred to made treasurer OF
the company. The of the latter as treasurer
and the name Of Gazay president and manager OF
The Gazette were printed conspicuouSly on the
papers letter beads. There was also prIncu coi-
,picuously the fact that the cOmpanyS capital was
$4,000.
Atcr the first number of The Saturday Evening
Gazette" had been printed and circulated. the fact
/ that GaZlly had misIudgcd his ability became only
too apparent. The truth seems to be- that ne de-
pcnd'd wholly upon hi, inexperienced associates tn
bring lis project 10 sul issue. The effect was
soon obvious. lie requested :, retire from tho
company and found himself under the necessity Of
surrcndcrine al hi, took.
His exit Of course left "The Gazette company in
an embai raNsing prcdcnment and the second number
? Of The Gazette WAS Issued while that predici
mcrt confronted hi, unfortunate associates. II was
aherw3"d decided 10 suspend publication of tho
paper Until the company coud be rsOrgauZcd
proper basis
~ the Editor of The saturday Evening Gazette"
during II, brief lfc feel that il is now RICH; for me
!" say that |, like all WORKERS In the editorial
department and Ike the honorable stakeholder, them
e'lvc~. was bctiaYcd into the belief that The
Gazette" Company all that It laid to be. We
we.''. naturally, annoyed aud disguStcd when We dis
knowing me t. BE- "a man Of integrity. have intm>tcd
ti"ir manuscript, to my several of which have
lrch printed 10 The Gazc;tel. will. am SURF. hardly
blame mo In the circumstances for having acted in
perfect good :n.th. an pleased add. the a>>ur
1u'r Of the present company. that all Indebtedness
against ne ''aHtte VIII lc prempily li1uldaied
M'ght ada o mite moral - this Statement, for the
benefit Of all honest Journalists. II i, 10 the effect
that too many new >papcr> started novaday the
basis or iil>c representation. II be that such
representation stands merely for the hopcfulnesS Of
vcutui"r j. cunning roHne. who ha, hesitation in
using reputable to further his own Temporary
Interests. III Their ih" self pccng journalist
H. made victim. and victim Who suffers a, much i'm
hi heart - he does ~ his iucl,c
GEORGE tDG w MONTGOMERY
Authors club. Sew York. May =. i70O