[Looking Backwards from 2000 to 1887 by Edward Bellamy]@TWC D-Link bookLooking Backwards from 2000 to 1887 CHAPTER 15 7/14
Not over a certain number wear it at any one time, though every bright young fellow in the country loses innumerable nights' sleep dreaming of it.
I even did myself." "Just as if mamma and I would have thought any more of you with it," exclaimed Edith; "not that it isn't, of course, a very fine thing to have." "You had no choice, my dear, but to take your father as you found him and make the best of him," Dr.Leete replied; "but as for your mother, there, she would never have had me if I had not assured her that I was bound to get the red ribbon or at least the blue." On this extravagance Mrs.Leete's only comment was a smile. "How about periodicals and newspapers ?" I said.
"I won't deny that your book publishing system is a considerable improvement on ours, both as to its tendency to encourage a real literary vocation, and, quite as important, to discourage mere scribblers; but I don't see how it can be made to apply to magazines and newspapers.
It is very well to make a man pay for publishing a book, because the expense will be only occasional; but no man could afford the expense of publishing a newspaper every day in the year.
It took the deep pockets of our private capitalists to do that, and often exhausted even them before the returns came in.
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