It read as follows: Receipts, $250,505; expenditures, $246,447.

"That's answer enough for me," said the writer. "I am through with any
more essays on the affluence of Base Ball 'magnates.' I think it would
be better to extend them the hand of charity than the mailed fist."

* * * * *

THE NEW ORGANIZATION OF PLAYERS

The formation of an organization on the part of the major league ball
players during the closing days of the season of 1912 was looked upon
with some misgivings by those who remember only too well what happened
when a prior organization of ball players was formed.

In the present instance those foremost in perfecting the organization
have also been foremost in asserting that the players' organization's
principal aim is to co-operate with the club owners.

If this object is followed with fidelity and to its ultimate conclusion
there is no necessity to fear any grave disturbances, but there is a
dread--that dread which is the fear of the child that has had its hands
burned by the flame, that a selfish coterie of players might obtain
control of the organization, set up a policy of unscrupulous defiance
and destructive opposition and retard for a moment the higher
development of the game.

There is no organization, either of unscrupulous Base Ball players or
unscrupulous club owners, which will ever find it possible to destroy