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because Mr. Scherman said, “You made the worst deal that I ever heard of in my life. We've made so much money in the year since you've left that you've got to have a piece of it.” It amounted to something like $150,000. I've forgotten the exact amount, but it was a rather wonderful thing to do-- proving what a generous man Harry Scherman is. Haas didn't want it and didn't need it, but Scherman made him take it.

When Bob left Book-of-the-Month Club, he thought that he was going to devote the rest of his life to philanthropic work, but after about a year and a half he became bored with this. He went into business with Hal Smith. They started a publishing house called Smith and Haas--which as I've told you, they ended up selling to us.

Yes. I think that we've gone through most of that. Can we follow the dictionary business a little longer?

Well, as soon as the American College Dictionary was out.... You know, a dictionary has to be changed all the time. New words come into the language; others go out of existence. You've included biographical notes of famous people. They have a habit of dying from time to time so you've got to bring the notes up to date. There is nothing worse than a dictionary showing a man alive who has been dead for two or three years. That's how you can tell that the dictionary is an old one. So with each reprinting of a dictionary, you have to patch the plates up. You can do