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Harper's Encyclopedia of United States History (ed. Benson Lossing) 1 1 Browse Search
John Harrison Wilson, The life of Charles Henry Dana 1 1 Browse Search
George Ticknor, Life, letters and journals of George Ticknor (ed. George Hillard) 1 1 Browse Search
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Browsing named entities in John Harrison Wilson, The life of Charles Henry Dana. You can also browse the collection for January 8th, 1868 AD or search for January 8th, 1868 AD in all documents.

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John Harrison Wilson, The life of Charles Henry Dana, Chapter 22: beginning of a New era (search)
ot yet secured all of the capital needed for his new venture, and seemed to be quite uncertain as to his ultimate success. Indeed, that project proved harder to carry through than he expected. So far as could be seen, there were already enough daily newspapers in New York City, and hence, with all Dana could do, he could not complete his financial arrangements till well towards the close of 1867. Perhaps the delay was a fortunate one both for himself and for his stockholders, for on January 8, 1868, he wrote: Thanks for your welcome letter. It finds me in the midst of business. Just as we were about commencing our own paper, the purchase of the Sun was proposed to me and accepted. It has a circulation of from fifty to sixty thousand a day, and all among the mechanics and small merchants of this city. We pay a large sum for it-$175,000-but it gives us at once a large and profitable business. If you have a thousand dollars at leisure you had better invest it in the stoc