Democratic Sentinel, Volume 5, Number 50, Rensselaer, Jasper County, 13 January 1882 — Untitled [ARTICLE]

Mr. John B. Alden, who organized the “Literary Revolution,” which has given the people best of book at such wonderfully low prices, does not give up the fight with the failure of "The American Book Exchange,” which failure, he claims, was in no respect the result of selling books too cheaply, but was caused by the combination of publshers and booksellers against the enterprise; infamous and baseless slander being scattered broadcast culminated in a "panic” among the creditors of the institution, causing a "run” which resulted in rhe failure Of the company, just as it has often caused the failure of banks or other institutions perfectly solvent under ordinary conditions. He and other friends of the enterprise have organized “The Useful Knowledge Publsh. ing Company,” and a literary Rebel lion which proposes to carry on-the fight. The first work published by the new company is a beantiful edition of Macaulay’s “Life of Frederick the Great,” which they sell for the marvellously low price of 20 cents, neatly bound in cloth. The company proposes to begin immediately tne publication of a series of cyclopaedias one of hivtdry, one e! biography, otfe of scienoe, one of choice prose literature, one of poetry, and one of religious literature each of which cyclopsed ias will be in several large octavo volumes of over 1000 pages each at the price of $1.25 per volume, in cloth binding, and will also be published in numbers, at only two cents per number, being considerably below even the “revolution” prices! They will send specimen pages and catalogues free, and friends of choice literature at low prices will be sure to shower them with postal-cards, at least. Address Tax Usbvul Knowledge Publishing Company, 162 William Street, New Yobe.