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should enter into ventures of that character, than were Garrison and Knapp. Garrison was unfortunate in this respect but it seems that Knapp was more so. Neither took to book-keeping, and neither overcame his serious deficiency in this regard. The consequence was that the books kept themselves, and confusion grew upon confusion until the partners were quite confounded. Garrison naively confesses this fault of the firm to his brother-in-law thus: "Brother Knapp, you know, resembles me very closely in his habits of procrastination. Indeed I think he is rather worse than I am in this respect!" The paper was issued originally without a single subscriber. At the end of the first volume the subscription list numbered five hundred names. In the course of the next two volumes this number was more than doubled, almost tripled, in fact. The subscription price was two dollars. The property would have begun from this point to make returns to its owners had they possessed the business training and instinct requisite to its successful management. But they were reformers, not money-getters, and instead of enjoying the profits they proceeded to use them up incontinently in their first enlargement of the paper. But while they had added to the cost of publication, they took no thought to augment the cost of subscription. The publishers gave more and the subscribers received more for the sum of two dollars. The pecuniary embarrassments of the _Liberator_ increased, and so the partners' "bondage to penury" increased also. This growing pressure was finally relieved by "several generous donations," made for the support of the paper. At the beginning of the fourth volume, the publishers wisely or other-wisely, again enlarged their darling, and again neglected to raise the subscription rates at the same time. Misfortunes never come without company, but alight in flocks, and a whole flock of misfortunes it was to the _Liberator_ when Joshua Coffin, "that huge personification of good humor," was appointed canvassing agent for the paper. He was as wanting in business methods as his employers were. Confusion now gathered upon confusion around the devoted heads of the partners, was accelerated and became daily more and more portentous and inextricable. The delinquencies of subscribers grew more and more grave. On the three first volumes they were two thousand dollars in arrears to the paper. This was a large, a disastrous loss, but traceable, t
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