HENRY MAXWELL.

One other letter which he opened immediately after reading this from
Maxwell revealed to him something of the loss to his business that
possibly awaited him.

Mr. Edward Norman,

Editor of the Daily News:

Dear Sir--At the expiration of my advertising limit, you will do me
the favor not to continue it as you have done heretofore. I enclose
check for payment in full and shall consider my account with your
paper closed after date.

Very truly yours,-------

Here followed the name of one of the largest dealers in tobacco in
the city. He had been in the habit of inserting a column of
conspicuous advertising and paying for it a very large price.

Norman laid this letter down thoughtfully, and then after a moment
he took up a copy of his paper and looked through the advertising
columns. There was no connection implied in the tobacco merchant's
letter between the omission of the prize fight and the withdrawal of
the advertisement, but he could not avoid putting the two together.
In point of fact, he afterward learned that the tobacco dealer
withdrew his advertisement because he had heard that the editor of
the NEWS was about to enter upon some queer reform policy that would
be certain to reduce its subscription list.