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the lease for $200,000.โ€

Bennett replied that he would look into the affair closely; and the next day his attorney sent for my lease. He kept it several days, and then appointed an hour for me to come to his office. I called according to appointment. Mr. Bennett and his attorney had thoroughly examined the lease. It was the property of my wife. Bennett concluded to accept my offer. My wife assigned the lease to him, and his attorney handed me Mr. Bennettโ€™s check on the Chemical Bank for $200,000. That same day I invested $50,000 in United States bonds; and the remaining $150,000 was similarly invested on the following day. I learned at that time that Bennett had agreed to purchase the fee of the property for $500,000. He had been informed that the property was worth some $350,000 to $400,000, and he did not mind paying $100,000 extra for the purpose of carrying out his plans. But the parties who estimated for him the value of the land knew nothing of the fact that there was a lease upon the property, else of course they would in their estimate have deducted the $200,000 which the lease would cost. When, therefore, Mr. Bennett saw it stated in the newspapers that the sum which he had paid for a piece of land measuring only fifty-six by one hundred feet was more than was ever before paid in any city in the world for a tract of that size, he discovered the serious oversight which he had made; and the owner of the property was immediately informed that Bennett would not take it. But Bennett had already signed a bond to the owner, agreeing to pay $100,000 cash, and to mortgage the premises for the remaining $400,000.

Supposing that by this step he had shaken off the owner of the fee, Bennett was not long in seeing that, as he was not to own the land, he would have no possible use for the lease, for which he had paid the $200,000; and accordingly his next step was to shake me off also, and get back the money he had paid me.

At this time Bennett was ruling the managers of the theatres and other amusements with a rod of iron. He had established a large job printing office in connection with the Herald office; and woe to the manager who presumed to have his bills printed elsewhere. Any manager who dared to decline employing Bennettโ€™s job office to print his small bills and posters, at Bennettโ€™s exorbitant prices, was ignored in the Herald; his advertisements were refused, and generally, he and his establishment were blackballed and blackguarded in the columns of the Herald. Of course most of the managers were somewhat sensitive to such attacks, and therefore submitted to his impositions in the job office, his double price for newspaper advertisements, and any other overbearing conditions the Herald might choose to dictate. The advertisements of the Academy of Music, then under the direction of Mr. Max Maretzek, had been refused on account of some dissatisfaction in the Herald office in regard to free boxes, and also because the prima donna, Miss Clara Louise Kellogg, had certain ideas of her own with regard to social intercourse with certain people, as Miss Jenny Lind had with regard to the same people, when she was under my management, and to some degree under my advice, and these ideas were not particularly relished by the power behind the Herald throne.

For my own part, I thoroughly understood Bennett and his concern, and I never cared one farthing for him or his paper. I had seen for years, especially as Bennettโ€™s enormously overestimated โ€œinfluenceโ€ applied to public amusements, that whatever the Herald praised, sickened, drooped, and if the Herald persisted in praising it, finally died; while whatever the Herald attacked prospered, and all the more, the more it was abused. It was utterly impossible for Bennett to injure me, unless he had some more potent weapon than his Herald. And that this was the general opinion was quite evident from the fact that several years had elapsed since gentlemen were in the almost daily habit of cuffing, kicking and cowhiding Bennett in the streets and other public places for his scurrilous attacks upon them, or upon members of their families. It had come to be seen that what the Herald said, good or bad, was, like the editor himself, literally of โ€œno account.โ€

My business for many years, as manager of the Museum and other public entertainments, compelled me to court notoriety; and I always found Bennettโ€™s abuse far more remunerative than his praise, even if I could have had the praise at the same price, that is, for nothing. Especially was it profitable to me when I could be the subject of scores of lines of his scolding editorials free of charge, instead of paying him forty cents a line for advertisements, which would not attract a tenth part so much attention. Bennett had tried abusing me, off and on, for twenty years, on one occasion refusing my advertisement altogether for the space of about a year; but I always managed to be the gainer by his course. Now, however, when new difficulties threatened, all the leading managers in New York were members of the โ€œManagersโ€™ Association,โ€ and as we all submitted to the arbitrary and extortionate demands of the Herald, Bennett thought he had but to crack his whip, in order to keep any and all of us within the traces. The great Ogre of the Herald supposed he could at all times frighten the little managerial boys into any holes which might be left open for them to hide in. Accordingly, one day Bennettโ€™s attorney wrote me a letter, saying that he would like to have me call on him at his office the following morning. Not dreaming of the object I called as desired, and after a

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