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turned out terribly. Horace lost a lot of money. Otto Kahn
was being honest. He lost a lot of money on these tips, too,
but he could afford it; Liveright couldn't. So his fortunes
began to wane. He was always skating on thin ice.
Did he ask you for money?
No, I had “invested” 25 thousand and later on in a very
tough pinch I loaned him another 25. So he was “in” me for
$50,000. Well, getting that back was going to be quite a
problem, though I felt it might be considered a reasonable
price for a complete course of instruction in publishing!
But it was an expensive course!
Yes, it was. At any rate, he then owed me $50,000.
He owed a lot of his friends money. And in particular, he
owed another $50,000 to his father-in-law, which enabled his
father-in-law to come up and grumble about the way he was conducting
himself and the way he was betraying his daughter.
Horace, sad to say, was a kiss and tell boy!
Well, they cut through the wall into the house next door,
and the theatrical office people had to get to the new office
via our waiting room. A bevy of little actresses and actors
began coming around. This made life at the Liveright office
even more glamorous and exciting than it had been. Besides
the Dreisers and O'Neills, now suddenly theatrical personalities
were wandering in. One day a little girl came in, a
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