The Freeman: Deceased in Infancy
Unsigned News Story
[Reprinted from Time Magazine, 4 February,
1924]
It was announced that The Freeman, a radical journal of
opinion, resident in Manhattan, would cease publication with its issue
of March 5, approximately on its fourth birthday anniversary. The
'decease was described at the office of The Freeman as "the
successful conclusion of an experiment."
The experiment was opened four years ago by the former Helen Swift,
daughter of the packer. In 1890 she married Edward Morris, President
of Morris & Co., also packers. He died in 1913, leaving her some
millions. In 1917 she was married again, to Francis Neilson, who is
one of the editors of The Freeman, When the publication was
started she guaranteed its expenses for three years, to give it a
start, although her name was not publicly attached to the paper. At
the end of three years it had not gained a sufficient circulation to
be self-supporting. So she extended her guarantee of expenses for
another year. Recently The Freeman made a considerable drive
for circulation, which apparently was not sufficiently successful to
warrant continuance.
The Freeman described its purpose as "the promotion of
civilization." Paid up subscriptions will be refunded in
proportion to the unexpired portion of each subscription's term.
The Freeman Changes Hands
The Freeman, fortnightly opinion journal of the far right, has
been going downhill ever since its founders fell out more than a year
ago (TIME, Jan. 26, 1953). After hitting a peak of almost 22,000,
circulation slipped, and a few weeks ago the Freeman was about ready
to fold. Last week it had some fresh help. It was taken over by the
Foundation for Economic Education, a nonprofit organization, which has
turned it into a monthly. The magazine also had a new editor: Frank
Chodorov, 67, director from 1936 to 1941 of the Henry George School of
Social Science and author of The Income Tax: Root of All Evil.
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