The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-12-22
NUVSEY IS DEAD.
IN NE W YORK

CONTINUED from First Page.)
fishing center. But he came to
detest the work and strove to get
out and get Job in some other
line. But there were no other jobs
available.
Gradually the publishing germ
entered his blood. He drew up
elaborate plans for q magazine
and submitted them to various
rnoneyed people. But ian enter
prise az hazardous a. publishing to
BE managed by q man without
practical experience, did not ap.1
peal 10 them.
Arrives IN Now York With $40
Finally he laid his scheme before
4 stock broker who agreed to sup.
NV 81 500. Munsey promptly In
vested $500 he had saved IN manu-
scripts and came to New York.
He had $40 when he arrived on 4
cold bleak day in the winter Of.
He engaged an office and invest
ed his capital in an $8 table, 9
couple OF cheap chairs, some pens
and 4 bottle OF ink. His first piece
OF writing was q letter to me
broker up in Maine asking for the
promised $500. Three days later
he collapsed over one Of the new
tables when he received q letter
telling him the broker had changed
his mind.
The Argosy II Born
But with all his troubles ahead
Of him he started to work and two
months later issued the first NUM-
Der Of the Argosy Magazine, an
illustrated weekly paper Of eight
pages for boys and girls. Horatio
K1ger, jr., was one of the con-
tributors.
Then a publisher offered to bring
out the magazine in his own name,
retaining Munsey as editor and
manager. Two months later the
first number appears. Three
months after the publisher failed.
owing Munsey $1,000.
Four years later he looked back
on 1850 days of drudgery and, re-
viewing his finances, knew that he
owed $4,000. But he just began
his first serial, ''Aloat In a Great
City," and readers were beginning
to come to the Argosy. In five
months he spent $4,000 advertising
the magazine and distributed H..
100000 sample copies. He had ar
rived.
He established a fortune of more
of his subsequent publishing VEN
lures.
Although at various points in
his career he owned as many as
seventeen newspapers and ten
magazines. Munsey had but two
daily publications and two periodi-
Gals when he died.
They were the New York Sun,
New York Evening Telegram,
Argosy-Al Story Magazine, and
Munsey's Magazine.
Became Leading Publisher
Forty years later, Frank Munsey
had become one of the foremost
publishers in the United States,
numbering his newspapers and
magazines by the score and his
wealth by millions.
His most notable achievement iii
the newspaper field came IN
February, 1920, when he acquired
the New York Herald, one of the
oldest newspapers in the country
and merged it with the New York
Sun, which he had purchased IN
1916
The merged publication was called
the Sun and the New York Herald
for a time and then changed
simply to the Herald. At the same
time, the Evening Sun, another
Munsey paper, was changed to the
Sun.
Was Not Married
In addition to the Argosy and
Munsey Magazines, Mr.. Munsey ac
qutred the Scrap Books, he Rail
road Magazine, the AIl-Story Maya
zine, the Ocean and others, and
owned newspapers IN New York,
Washington, Boston. Philadelphia
and baltimore. His investments
were extensive In other fields.
He never married and lived for
many years at one Of New York's
fashionable hotels, and maintained
an estate at Elizabeth, N. j.
Early in 1924. after several
months negotiation begun by AIR.
Munsey with the intention of buy
ing the New York Tribune, Mr.
Mnnsey sold the New York Herald
to Ogden Reid. owner OF the Trib-
une, and the merged papers bearing
the name of New York Herald and
New Ypk Tribune made its bow to