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They put somebody in. They take somebody away from another division and say, “You run this,” and these people come in and don't know what the hell they're doing.

Well aren't you afraid that this might happen to Grosset and Dunlap?

When we sell it?

Yes.

That's the buyers‘affair, not ours.

But don't you have some responsibility to see...? You don't feel any responsibility.

For Grosset?

Yes.

No, none whatever. It's a competing firm really. What we bought it for was to protect ourselves on hardbound reprints, and they went out of existence--hardbound reprints ceased to exist. Now books go right from original publication to paperback.

To replace this lost business, Grosset built up a huge juvenile line.