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The Adventures 

of a 

Treasure Hunter 



The Adventures 

of a 

Treasure Hunter 



A Rare Bookman in Search of 
American History 



by 
CHARLES P. E.VERITT 




Little, Brown and Company Boston -1951 



COPYRIGHT 1951, BY LITTLE, BROWN AND COMPANY 

ALL RIGHTS RESERVED. NO PART OF THIS BOOK IN EXCESS OF FIVE 

HUNDRED WORDS MAY BE REPRODUCED IN ANY FORM WITHOUT 

PERMISSION IN WRITING FROM THE PUBLISHER 

FIRST EDITION 



Published simultaneously 
in Canada by McClelland and Stewart Limited 

PRINTED IN THE UNITED STATES OF AMERICA 



For my wife, Elizabeth 



Publisher's Note 



The manuscript of these professional adventures of the late 
Charles P. Everitt was finished and delivered to his publisher 
before Mr. Everitt's death on March 4, 1951. The final script 
had the benefit of the author's corrections and revisions. The 
one missing portion of the manuscript as planned by Mr. 
Everitt was an Acknowledgment in which he intended to ex- 
press his appreciation to those who had helped him in the 
preparation of his book. These are Mr. Barrows Mussey, Jr., 
who, as editor and friend, participated extensively in the prep- 
aration of the manuscript; Mr. Michael J. Walsh, who read 
the finished script with the eye of a friend and a fellow book- 
man; all of the bookmen, scholars and collectors whose friend- 
ships Charles P. Everitt found so rewarding and whose 
experiences and adventures help make up the body of this 
book; and his wife, Elizabeth Thompson Everitt, to whom the 
book is dedicated. 



The Adventures 

of a 

Treasure Hunter 



PART I 

Americana What and 
So What? 

G^^Q^^Q^^Q^^Q^^Q^^ 



THE LAST Saturday afternoon of September, 1890, at seven- 
teen years of age, I was up in a haymow in Scarsdale, New 
York, forking away the hay as my father pitched it up to me. It 
had been a bad day. When I came out of the haymow, I said to 
my father, "111 milk my stint of eight cows tomorrow morning, 
and after that I'm finished. 111 never milk another cow nor pull 
another weed." 

As was always his way, he said that was fine with him. 

After services at the Methodist church Sunday morning, I 
asked the minister if he could find me a job. 

The very next day he took me down to New York, and 
introduced me to Wilbur Ketcham, in Cooper Union, who 
dealt exclusively in religious books. At that particular time 
it made no difference to me whether it was a grocery store 
or a bookstore. At first the work was pretty much the same, 
too. Ketcham paid me five dollars a week for lugging in any 
books he bought and lugging away others he had sold, plus 
twenty-five cents if I worked until 9 P.M. One of his standard 
fast-moving items was the ninth edition of the Encyclopaedia 

[ 3 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Britannica, in twenty-five quarto volumes. He had a rule that 
within eight blocks I could walk or pay my own transporta- 
tion. Beyond that radius he paid my carfare one way. 

One of my almost daily calls (no carfare) was a book- 
bindery run by an old German over east of Third Avenue. One 
day the binder shoved a tattered bundle of old almanacs at 
me. 

"Somebody left these here so long ago I have no idea who 
it was," he said. "Give me a dollar for them." 

I happened to have a dollar on me, and I handed it over. 

My boss told me with considerable severity that I was hired 
as an office boy, not a buyer; but he finally returned my 
dollar. 

A few days later Bishop John F. Hurst, the great collector 
of Americana, was in the store, and the boss ( as I later heard 
from his secretary) improved the opportunity to sell the al- 
manacs. They were Poor Richards Almanacks, and Ketcham 
felt pretty cute to get $250 for them. ( He did not live to see 
the same almanacs fetch $3200 at Bishop Hurst's auction. ) As 
you may imagine, I was left wondering how long this had been 
going on. I started reading catalogues and everything else 
about the subject that I could lay hands on. Then a customer 
of Ketcham's I wish I could remember his name advised 
me to read volume one of Justin Winsor's Narrative and Criti- 
cal History of America. That was, and is today, the best 
reference book relating to the discovery and early exploration 
of America. 

As I read Winsor, I stacked him up against all the catalogues 
I could find. Little by little I discovered that the books in his 
bibliographies were ones that you never see. I doubt whether 
I have handled a dozen of those titles in sixty years. But I did 
make a beginning at learning what to look for. 

[ 4 ] 



AMERICANA WHAT AND SO WHAT? 

In October, 1891, at the end of a year's service, I found six 
dollars in my Friday pay envelope. My boss (being a clergy- 
man's son) had taught me how to swear, so I walked in and 
said, "What the hell does this mean?" 

He asked if I didn't want my salary raised. 

I said yes I did, to twenty-five dollars a week. 

"Get the hell out of my office," observed Mr. Ketcham. 

I asked him if he wanted two weeks' notice, and he an- 
swered yes. 

Two minutes later he was down at my desk, flinging down 
two five-dollar bills. "Get the hell out of this place," was his 
parting benediction. 

Next day I went to Summer-field MacLean, who was a book- 
seller next door to Ketcham's. "Mac," I said, "how about hiring 
me for twenty-five dollars a week?" 

"Sure," he said. "Come in Monday." 

On Sunday Mr. Ketcham drove over with a team of horses 
from Yonkers to Scarsdale. He said he thought he had been a 
little bit hasty, and would be glad to give me twenty-five 
dollars a week. When I told him I already had a job, he smiled 
and said, "Well, I'm wrong again." He was my friend for the 
rest of his life, something for which I have always been ex- 
tremely grateful. 

Americana is a word that has been thrown around very 
freely and very carelessly in the last twenty years, so that it 
may mean the Mayflower Compact or a hoop skirt or a whisky 
label or just nothing in particular. 

When I first devoted my life to the subject, fifty odd years 
ago, Americana was the name for a restricted class of rarities 
dealt in by a few slightly eccentric booksellers. Even fewer 
and even more eccentric dealers were gathering American 

[ 5 ] 



THE ADVENTURES OF A TREASURE HUNTER 

furniture by the wagonload; Currier & Ives prints were still 
things the cook might be forgiven for admiring. 

In passing through the first half of this century I have finally 
reached a definition of Americana that seems all right to me. 
At any rate it will tell you partly what this book is about. 

Americana means to me anything showing how and why 
people came here, and how they lived after they got here. In 
booksellers' catalogues it generally covers printed material 
alone, but I see no reason for any such limitation. 

For instance, in 1922, when I appraised the contents of the 
office of Henry Bacon, the man who designed the Lincoln 
Memorial in Washington, I found in one portfolio a letter from 
Royal Cortissoz, written at 3 A.M. of a morning when the 
entire committee were busy trying to find the right inscription 
for the Lincoln Memorial. The letter read: 

DEAR HENRY: 

I couldn't sleep last night and at three A.M. I wrote 
out the following words, hoping you would find them 
suitable: 

IN Tins TEMPLE 
AS IN THE HEARTS OF THE PEOPLE 

FOR WHOM HE SAVED THE UNION 
THE MEMORY OF ABRAHAM LINCOLN 

IS ENSHRINED FOREVER 

In the same portfolio was a note from President Taft, who 
was chairman of the committee. He suggested a change of one 
word in the inscription. Still in the same portfolio was a second 
note from Mr. Taft: "I completely fail to understand how I 
thought I could improve on a perfect thing." 

In other portfolios were a number of letters from Abraham 
Lincoln's son Robert to Bacon, describing his father's ears, 

[ 6 ] 



AMERICANA WHAT AND SO WHAT? 

nose, and chin, with sketches. I saw all this material where it 
still is, in the Henry Bacon Room at Wesleyan University in 
Middletown, Connecticut. Cortissoz's note, hardly more than 
a scrap of paper, I consider the most inspiring bit of Lincolni- 
ana I have ever seen although I have been quite carefully 
through many large collections of Lincoln letters and docu- 
ments. 

If you do not agree with me that this is Americana at its 
best, remember that no other inscription in this country, with 
the possible exception of that on the New York Post Office, 
has been seen and reverently studied by so many Americans. 

I have long thought and the opinion of historians seems 
to be coming my way now that a book like old William 
Livingston's volume on how to raise sheep had more influence 
on American life than such a supreme and famous rarity as 
George Washington's diary of his Western trip. You can buy 
a copy of the Livingston without much trouble for $7.50, but 
you would have great difficulty in finding someone to take your 
$7500 for a Washington diary. 

I have made a life, a living, and a hobby out of discovering 
and selling rare, expensive Americana, but honesty forces me 
to tell you that some of the most interesting and most im- 
portant books in the field of Americana can still be had by 
anyone with a dollar and enough sense to go looking for them. 

For instance, there is no more vivid picture of the real 
South before the Civil War than Fanny Kemble's Life on a 
Georgia Plantation, which is still a very common book. 

I will say flatly that the best picture by far of American 
social life before the Revolution is Mrs. Grant's Memoirs of an 
American Lady. 

Walter Edmonds has written nothing that compares in ex- 
citement and sustained interest with Mrs. Grant's story of life 

[ 7 ] 



THE ADVENTURES OF A TREASURE HUNTER 

on the Schuyler Manor near Albany. And her book is so plenti- 
ful that I have had to give copies away to my friends in order 
to convince them of its merits. 

But not all good Americana is that plentiful. Some of it in 
fact is not only excessively rare but actually is "discovered" in 
the most unusual and outlandish fashions. Sometimes the rarest 
item is found among worthless junk, in bundles, as odd lot 
batches of books and pamphlets sold at auctions are known to 
the trade. 

Certainly one of the most famous bundles that ever existed 
was one bought by Dauber & Pine when I was working there 
in 1926. Or at least the discovery was made in that year. God 
knows how long the bundle had been around. The great 
authority on that episode is Mr. Dauber himself who tells the 
story as follows: 

Whenever books or collections or pamphlets turned 
up in the various auction rooms, it had been our practice 
to examine them individually; but when they were tied 
up in bundles or large containers so as to prevent close 
inspection, we just followed our flair and gambled heavily 
to buy them. 

Frequently, as soon as the material was looked over on 
our premises, we found it of no value and discarded it. 
At other times we picked out the most important pam- 
phlets at once, and just accumulated the minor stuff. 

One evening in 1926, I knocked over a pile of these 
pamphlets, gathering dust for years and coming from 
heavens knows what sources, and as I stooped to pick 
them up, there fell out of another, contemporary but 
valueless, pamphlet, wherein it must have lain for years, 
the famous item! 

I recognized it at once and the next morning I put it 
on Mr. Everitt's desk. 

[ 8 ] 



AMERICANA WHAT AND SO WHAT? 

It was the grandfather of all detective stories, Edgar Allan 
Poe's Murders in the Rue Morgue. Perhaps four or five copies 
now exist in the world. The pamphlet was originally an off- 
print from a magazine, made up as a salesmen's sample in an 
edition of possibly fifty or sixty, and the salesmen had not 
been able to get any orders. 

I picked up my pencil and lightly marked our price on the 
corner: $25,000. 

Mrs. Gertrude Hills, another of Mr. Dauber's associates at 
the time, wrote a note that brought Owen D. Young promptly 
to the store. He had come straight from the Morgan Library, 
where he had been looking at Mr. Morgan's copy of the Mur- 
ders. The Morgan copy, the only one ever recorded at auction, 
had brought $3900. But it lacks the back cover. 

"Nice book you've got there, Everitt," said Mr. Young. 

"I thought so," I said. 

"I'd like to show this to Mrs. Young," he said. 

"Put it in your pocket," said I. That was on a Saturday; 
Monday he telephoned that this was the nicest book he had 
ever bought. A few days later came a check for $25,000. That 
copy is now in the New York Public Library, one of the great 
prizes in one of the world's great collections. 

I might have had a hand in the selling of the Morgan copy 
of the Murders in the Rue Morgue, too, if I had not thought 
it imprudent. Up around Amenia, New York, there was a 
book scout and antique picker whom I knew, Louis Cole. 
One day just before closing time he came into my store on 
23rd Street, and showed me the first copy of the Murders I 
ever saw. 

"I want two dollars for this," he said. 

Buying stuff like that is always risky, particularly from a 
person who might not remember our transaction later. I said, 

[ 9 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Til give you your two dollars, but you come back tomorrow 
morning and I'll give you a lot more money." 

He was most indignant. "I don't want any goddamned 
charity. I want two dollars," he said, and left the store. 

At that time there was a certain secondhand bookstore that 
stayed open evenings. Cole somehow made his way over there 
and apparently thought he had concluded the sale for two 
dollars without any insulting offer of more money. A few days 
later the New York Times ran a note that Frank J. Maier, the 
great Poe collector, had bought a copy of the Murders in the 
Rue Morgue for $1250. This would have been a record-break- 
ing price except that no other copy had ever been discovered 
to set a record. Someone showed Cole the Times, and the 
upshot, after some backing and filling, was that Cole got 
another $625 out of the affair. 

Cole used to take me with him to auctions around Amenia, 
and once he called me up and said he had arranged an ap- 
pointment for me to see and, if possible, buy the famous library 
of Benson John Lossing, the wood engraver, illustrator, and 
American historian. Lossing had put up a fireproof building at 
Dover Plains, New York, to house the library. 

Lossing's heirs, his two sons, had not followed in their 
father's interests and knew little about books. Anyway, they 
showed me around the library, and I started taking samplings 
here and there. George Washington's will, signed in his own 
hand, was simply slipped into the front of a copy of Lossing's 
Mount Vernon. I tripped over one stack of books, and picked 
off the floor a nice little duodecimo that proved, on inspection, 
to be the second edition of the Bay Psalm Book. It so hap- 
pened that Wilberforce Eames, down in the bowels of the 
New York Public Library, had showed me another copy only 
a few days before, remarking that he didn't know what this 

[ 10 ] 



AMERICANA WHAT AND SO WHAT? 

would fetch at auction but that it was rarer than the first 
edition. (The last sale price of the first edition that I happen 
to remember was $151,000. ) The two heirs wanted to sell me 
the lot for $8000. 

Cole, at my elbow, could hardly restrain his impatience. "Go 
on, what are you waiting for? It's cheap enough," he kept say- 
ing. I had trouble shutting him up. 

"Oh, I don't know," I said. "Let's go down to Dover 
Plains." 

First, I stopped in at the general store. "Did you know a 
local man named Lossing?" I asked. 

"Sure, knew him well," said the storekeeper. 

"I hear he had a bunch of old books," I said. "Are they any 
good?" 

"I certainly hope so," said the merchant. "I have a chattel 
mortgage on them." 

At the grocery and the butcher's the story was the 
same. 

"This is no place for a minister's son," said I, misleadingly. 
And I went back to the wicked city without disturbing the 
Lossing library. 

My first call was on Arthur Swann, then of the Anderson 
Galleries. Ultimately the library was prepared for sale by the 
Galleries, for which they made an elaborate catalogue. 

Promptly the Library of Congress, the state of Virginia, and 
heaven knows how many other public authorities, wrote in to 
say that they had loaned such items as George Washington's 
will to the deceased historian, and please could they have 
their property back. 

Even after every questioned item had been returned to its 
claimant, the remainder sold for more than $50,000. 

Lossing was not alone among historians in borrowing unique 

[ 11 1 



THE ADVENTURES OF A TREASURE HUNTER 

material and then being unable to remember where it had 
come from. The heirs, of course, had no way of knowing 
about chattel mortgages or the actual ownership of some of the 
items. 

I remember once I had a chance to buy the library of the 
leading historian in an Eastern state, which I knew was full of 
priceless things. 

On my way to inspect the books, I asked one of my friends 
and competitors in a neighboring city whether he had been 
down to see the library. 

He said he had. 

"What*did you offer them?" I asked. 

"Eleven thousand dollars." 

A scout friend and I put in four days going over the library, 
which contained rarities that would make your hair curl. I had 
a very strong feeling that the executor was uneasy, and I finally 
concluded that getting the books out of the state was an im- 
portant consideration in the sale. 

I suppose that was why I succeeded in buying the library 
for $6500. One of the courtesies of the trade is that when a 
man reveals his bid on a lot you are both after, the successful 
buyer kicks in 10 per cent. I sent my friend a check for $650, 
and still had a few dollars' profit left over. 

Louis Cole's boon companion, best customer, and fellow 
souse was an omnivorous collector named Frederick J. Skiff. 
For some reason or other both of them simultaneously decided 
to change their mode of life, give up liquor, and go west. They 
wound up in Portland, Oregon, where Skiff became treasurer 
of the department store of Olds, Wortman & King. Cole was 
soon a very successful book- and print-seller. You have prob- 
ably read Skiffs Adventures in Americana, a book describing 
many of his scouting expeditions. I was with him on a good 

[ 12 ] 



AMERICANA WHAT AND SO WHAT? 

many of these trips, and you may care to know that his book 
is not only one of the most delightful volumes about collecting 
but it is truthful as well. 

Skiff was always writing to me, boasting about his eighty- 
acre island in a lake in the Cascade Mountains. My wife and 
I found ourselves in the Thousand Islands, trying to fish and 
getting exceedingly bored. I said I guessed I would try the fish- 
ing in Oregon, and she decided on the White Mountains. Skiff 
collected not merely books and prints but pistols, silver, North- 
west Indian antiquities, bedspreads, Indian baskets, and colo- 
nial furniture. His library, quite aside from the marvelous lot 
of Western manuscripts, contained over fifteen thousand 
presentation copies of contemporary authors. 

You may remember that Kipling's From Sea to Sea described 
some of his experiences in Portland. These experiences did not 
include the fact that he tried to abolish alcohol in Portland 
by personal action, in the company of a lady about whom I 
know nothing except that she must have been a delightful 
companion. Fred Skiff came home one day with a bundle of 
forty-one books that Kipling had presented to the lady, quite 
indiscriminately first editions, reprints, anything that came to 
hand. Each volume was inscribed in a fluttering and largely 
unrecognizable hand that later caused me much trouble, but 

luckily there was also a letter saying, "Dear : I want you 

to have these books," followed by his more or less recognizable 
signature. 

Fred sold me the forty-one books for $500, which was only 
a fraction of their value in my eyes. (After two years' negotia- 
tion, I succeeded in driving the final sale price to my customer 
up to $150. ) 

You may think it funny that a collector like Fred would sell 
his prizes. The explanation was simple: he was so avid that he 

[ 13 ] 



THE ADVENTURES OF A TREASURE HUNTER 

could never resist selling one lot in order to buy something 
else. 

One morning he told me he guessed he would get rid of his 
collection of Northwest Americana. 

I said, "111 buy them, on one condition: 111 put a price on 
each volume, and you aren't to look at a single one. Neither 
you nor I have seven months to spend on this job." 

So I would pick out a Meares's Voyages and say, "Forty 
dollars." 

'What's that?" Fred would ask. 

"None of your damn business," I would reply, laying the 
book face down out of his reach. 

In this way I arrived at a figure of $5000, for which I gave 
a check. Not long afterward his son wrote: "You know what 
dad did with that money? He spent it to buy $5200 worth of 
other books." 

He was, as I said before, connected with the Olds, Wortman 
& King department store. I had known Mr. Wortman for a 
good many years; he had formed a really important collection 
of primary Western travels, and he occupied a most respected 
position among Western collectors. 

During my stay in Portland he asked me if I could have 
lunch with him, alone. At lunch he said, "Everitt, Mr. Olds is 
going to have a dinner party for you and Skiff and a few 
others, and I just wanted to tell you one thing. Please don't 
laugh at Olds's library." 

As a matter of fact, I already knew Mr. Olds's reputation for 
buying anything between covers so long as it was expensively 
bound and came in more than one volume. 

The dinner was absolutely delightful. We ate, drank, and 
talked until late in the evening, and then adjourned to the 
library, a room fully twenty by sixty, completely lined with 

[ 14 ] 



AMERICANA WHAT AND SO WHAT? 

books, every single one in full levant binding. I happened to 
notice, for instance, seven sets of Dickens, all in levant. 

About one-thirty I said, "I'm pretty well worn out; I've got 
to go home." 

This was the signal for a general exodus. As the guests were 
getting their coats, Mr. Olds took me into a corner. 

"Everitt," he said, "I want to thank you very much for not 
laughing at my library. This is the story. I came west across 
the plains with my father when I was eleven or twelve. At one 
of the abandoned camps we stopped at, I found a defective 
copy of David Coppcrfield. 

"I read it, and reread it, and reread it. I had daydreams, as 
any kid does, and I would tell myself that if I ever had enough 
money, I was going to buy all the books I wanted. Now, 
whenever a salesman calls with a set, the only question I ask 
is, 'Where do I sign?' " 

Mr. Olds died not long after, willing his estate to his 
nephew, an army officer. The executors wrote to ask whether 
I could come west and appraise the library, and inquired what 
I would charge. 

I wrote back: "I don't need to come west, and there will be 
no charge. The books are worth $25,000." 

The executors were outraged. "Why," they wrote back, "we 
have receipted bills for $650,000." 

I replied in a one-line note: "The books are worth $25,000." 

The upshot was that the library was sold, and brought in 
$24,500, less commission; but the satisfaction Olds had already 
had from his collection would have been dirt cheap at a 
million dollars. I call that a happy ending to a collecting 
story. 

During my stay in Portland Fred and I went around to a few 
junk shops (junk shops is the word). In one of them I did 

[ 15 ] 



THE ADVENTURES OF A TREASURE HUNTER 

happen on two copies of a guide to Montana. It was the first 
book written and illustrated by Charlie Russell, the great 
Western illustrator. They were marked five cents each. At the 
time I did not feel that I got any more than a rare bookseller 
regards as his money's worth, because the craze for collecting 
Charlie Russell had barely begun. Anyhow, I took the books 
back east with me. 

They were lying on my desk one day when I had a visitor, 
Dr. Philip Cole, whose medical discoveries had supplied him 
with the wherewithal for an estate at Lake Placid and the 
best Remington and Russell collection in existence. (Another 
one of my collector friends paid the doctor's estate $300,000 
for the lot. If you want to see the collection now, go to Tulsa, 
Oklahoma, and have a look at the Thomas Gilcrease Founda- 
tion.) 

The doctor picked up a copy of the Russell book. "How 
much?" he asked. 

When you get to be as old in sin as I, you have a feeling 
about buyers and their attraction for a given book. "Oh," I 
said, "I'll sell you one for a hundred dollars." 

The doctor thought that over. "No, I won't pay that for one." 
Pause. I began mentally running over other people I could 
make the sale to. 

"But I'll give you two hundred for both." 

And the joke is that no other copy of the book has ever been 
found. 

Marcus Whitman, the missionary, either did or did not save 
Oregon for the United States, depending on which school of 
historians you believe. However, neither school denies that he 
was the central figure in Oregon history. 

At all events, the missionary societies of the time were so im- 

[ 16 ] 



AMERICANA WHAT AND SO WHAT? 

pressed with Brother Whitman that some of them asked a 
portrait painter named J. M. Stanley to go out to Walla Walla 
and paint the pioneer's portrait. 

Just before Stanley got to Walla Walla, on November 30, 
1847, a friendly Indian halted him and said that the Indians 
had just massacred Marcus Whitman and all his associates. Not 
unnaturally, Stanley told the news in a letter to a surviving 
fellow worker of Whitman's in Portland. 

My last transaction with Fred Skiff consisted of a parcel 
containing Stanley's letter and some other material, with a note 
from Fred: "Charlie: I don't want any check; I want a money 
order for $250." 

The Stanley letter is now in the William Robertson Coe 
collection in Yale University. 

Unquestionably the world's finest collection of material re- 
lating to the American Indian, as well as the finest collections 
of Frederic Remington and Charlie Russell paintings and 
sculptures, is the Thomas Gilcrease Foundation in Tulsa, Okla- 
homa. 

Thomas Gilcrease is an Oklahoma Indian. The majority of 
the Oklahoma Indian oil millionaires profited by the discovery 
of oil on the Indian reservations. Gilcrease, however, went 
down to Texas and found his own oil. He is extremely con- 
scious of his Indian heritage, and his one interest in life is the 
assembling of material that will serve to inspire the Indians of 
the present day. The collections at the Gilcrease Foundation, 
therefore, portray the Indian from his own point of view, not 
as an anthropological curiosity. 

I first heard of Thomas Gilcrease through an air-mail re- 
quest for a copy of my catalogue. No one had ever asked me 
for a catalogue by air mail before, so I reciprocated by air 

[ 17 ] 



THE ADVENTURES OF A TREASURE HUNTER 

mailing my catalogue of the Putnam collection of anthro- 
pology. This was the first time I had ever spent thirty cents to 
send out a catalogue. 

Most such high-pressure sales efforts are wasted, but Mr. 
Gilcrease sent by return mail an order for several hundred 
dollars' worth of books. He kept on ordering from successive 
catalogues, and finally a bronzed stranger walked into the 
store and said, "I'm Gilcrease." 

He had with him a list of books he wanted for his library. As 
he handed it to me, he said, "Mr. Everitt, I want you to re- 
member that when you sell me a bock, it must be not only a 
first edition but a fine copy." 

I said, "Mr. Gilcrease, evidently you don't know very much 
about books." 

"Just what do you mean by that?" he asked, bridling. 

"Well, Jonathan Carver's Travels is one of the great books 
of western American history. The first edition is of no conse- 
quence at all. It's only when you get to the revised and en- 
larged third edition that you have a real cornerstone book. 
Or take Kendall's Santa Fe Expedition. You know the book, 
of course?" 

"Yes, naturally." 

"All right. The first edition is a fine book, but the seventh is 
worth ten times as much to anyone who looks past the price 
mark." 

"I guess I shouldn't have said first edition. I should have said 
best edition," Mr. Gilcrease admitted with a smile. 

One of the great Western paintings is Carl Wyman's The 
Buffalo Hunt. The picture has been famous for many years, 
and has been many times reproduced. Finally it turned up in 
the window of a 57th Street art gallery, marked five thousand 
dollars. 

[ 18 ] 



AMERICANA WHAT AND SO WHAT? 

After some argument, I bought it for $800. I sent Mr. Gil- 
crease a photograph of it, and a quotation for $1250. 

He happened to be in town a few days later, and handed 
me a check. As he was turning to leave, he said, "This may 
entertain you. I saw that painting in the gallery for five 
thousand, and was just about ready to buy it when the sales- 
man got nervous and said, 'Possibly I can get this for you for 
three thousand/ I kind of lost interest then, not knowing 
what kind of place I might be in. Anyhow, I'm delighted to 
have the picture, and I hope you made a good commission." 

Sometimes the only dependable rule I know about the values 
of Americana is that there is no rule of thumb. Perhaps the 
greatest delusion of all is that age has a bearing on value. Or 
that rarity has any relation to cash value. 

A very large proportion of the earliest printing in America 
consisted of sermons and religious controversy, with an oc- 
casional schoolbook. Almost none of it has more than its scrap- 
paper value, and the few exceptions are valuable because the 
author, or perhaps the printer, was important, not because the 
text is worth reading. 

I hope (though not very confidently) that you will not come 
to one of my fellow booksellers with a pamphlet "printed in 
Boston in the seventeen hundreds, with the s's like f s," and feel 
aggrieved at an actually generous offer of twenty-five cents. 

As for rarity, single copies of most old newspapers are ex- 
cessively rare, because people seldom take much care of last 
week's paper; they are also practically worthless in the rare- 
book trade, because they do not form a connected whole. Com- 
plete "runs" of newspapers are the prime examples of the rule 
that any collection is worth considerably more than the sum 
of its parts. 

[ 19 ] 



THE ADVENTURES OF A TREASURE HUNTER 

In this as in everything else about the rare-book business, 
the rules are like French irregular verbs an inch of rule and 
a yard of exception. 

I once paid a brother dealer a decent price for a John Adams 
letter, and he, perhaps partly relying on the rule about old 
newspapers, handed me a copy of the Boston News-letter for 
November 6, 1710, and said, "With my compliments." I did 
not throw it away because it had twelve pages instead of the 
ordinary four, and was entirely devoted to a British expedition 
against Canada. These oddities made me curious enough so 
that I wrote to the great authority on American newspapers for 
information. 

He replied that he lacked this particular issue but that he 
made it a principle never to compete with a leading neighbor- 
ing institution, which also lacked this issue. He suggested 
that his neighbor might be glad to pay as much as ten or 
fifteen dollars for the paper. 

So I sat down and catalogued the Boston News-letter quite 
elaborately at eighty-five dollars. 

The morning after the catalogue went out, Michael Walsh 
of Goodspeed's, Boston, telephoned to be first with his order. 
Once this formality was safely out of the way, he told me that 
the only other known copy was in the Public Record Office 
in London. It contained the first printing of Francis Nichol- 
son's Narrative of the Expedition against Port Royal, which in 
itself is so rare as to be unrecorded. 

Even the rule that you should collect Americana for the 
interest to be found in reading the books has many excep- 
tions. I have had a lot of fun, and a lot of money, for example, 
out of imprints. 

The "imprint" of a book is the information at the bottom of 
the title page the publisher's name and the place and date of 

[ 20 ] 



AMERICANA WHAT AND SO WHAT? 

publication. In the book trade, imprints are books whose in- 
terest lies in the circumstances of their publication. Imprints 
are the basic and often the only foundation stones for the 
history of printing in America. The first publication in each 
state, territory, city, or even hamlet is interesting on its own 
account, and often very valuable as well. 

The slow westward spread of printing in this country pro- 
duced what seems like a fantastic disproportion in the values 
of imprints. Many New England imprints of 1750 are common 
as dirt, and not worth a quarter unless you want to hollow 
them out for a cigarette box. Southern imprints, which came 
somewhat later, were mostly laws and newspapers. Philadel- 
phia imprints of 1800 are almost innumerable, yet those from 
Pittsburgh of that date are extreme rarities. 

But the real rarities don't begin until you get past the Mis- 
sissippi. 

When I was helping in appraising William R. Coe's collec- 
tion of Western Americana in preparation for his giving it to 
Yale, I came to a quarto broadside dated August 12, 1868. 

I appraised it at fifteen hundred dollars, and thought after- 
ward that perhaps I should have doubled or tripled the figure. 

The sheet was titled: "Green River City Ordinances. Procla- 
mation in Promulgation of the Laws and Ordinances passed by 
the Trustees of Green River City." The imprint reads: "Green 
River City, Dakota Territory." The broadside is one of two 
known items from the "press on wheels" of the Freeman 
brothers, who hauled their equipment in a wagon ahead of the 
Pacific Railroad construction gang. When the Freemans got to 
the railhead at Green River, the place was thus described by 
Hubert Howe Bancroft: "Shootings were frequent and every 
manner of vice abounded. The inhabitants were the scum of 
society and the accommodations for their shelter being tents 

[ 21 ] 



THE ADVENTURES OF A TREASURE HUNTER 

and dugouts. A canvas saloon would answer as well as another 
for gambling, drinking and the practices of the dives. Nefari- 
ous men and women made the place intolerable. The city 
authorities were powerless, and robberies and assaults with 
deadly weapons were of daily and nightly occurrence. . . ." 

The pillars of Green River society tried to clean up the 
place by issuing the laws found in the broadside. 

The sprightlier elements wanted no laws of any kind, and 
they expressed their feelings by smashing the Freemans' press, 
thus making the Green River City Ordinances worth whatever 
price anyone wants to put on them. The Coe collection, in- 
cidentally, contains more unique imprints than any other col- 
lection in the world. I say this even though I am quite aware 
that the American Antiquarian Society at Worcester, Massa- 
chusetts, one of the great assemblages of Americana, was 
founded in 1813 by Isaiah Thomas, a great printer and the first 
historian of America's printing, with the gift of all his collec- 
tion. The Antiquarian Society has been steadily, purposefully, 
and skillfully enlarging its collections for more than a century 
and a quarter. But it made the decision to collect no American 
imprints dated after 1820; consequently Mr. Coe, during part 
of his lifetime, was able to outrun the Society in the matter 
of unique imprints. 

But remember, there are still no rules. West longitude alone 
does not account for all really rare imprints. One day in 
Chambersburg, Pennsylvania, I saw a store with a sign: ANY 

BOOK TEN CENTS, THREE FOR A QUARTER. Not Wishing tO be CX- 

travagant, I bought three. 

One of these was an unexciting-looking pamphlet called 
Miles' Overland Expedition to California, printed in Chambers- 
burg in 1851. 

As I read the pamphlet on the train going home, I found 

[ 22 ] 



AMERICANA WHAT AND SO WHAT? 

it an exciting original narrative; and then I began to wonder 
why it was not listed in any of the bibliographies of Western 
narratives. Then I remembered from my Civil War reading a 
book on the burning of Chambersburg. The place was entirely 
destroyed by the Confederates. I now think that Miles's pam- 
phlet must have been stored in the back room of some printing 
shop, and practically all the copies must have gone up in 
smoke. Only two others have ever been found. 

I sold my first copy to Henry R. Wagner (who described it 
for the first time in his famous bibliography, The Plains and 
the Rockies) for a thousand dollars. 

I was still feeling quite pleased with myself for my dis- 
covery when I got a letter from Baltimore, offering me a long 
list of trash. Tucked away in the list, as casually as you please, 
was Miles' Overland Expedition. 

I need hardly say that I was in Baltimore as fast as the first 
train would carry me. I went solemnly over all the books on 
the list, and then, pointing to the Miles book, remarked as 
casually as I could, "By the way, I don't see this thing here." 

"Oh/* said the owner, equally casually, "that's in the safe 
deposit vault." After some hours of high-level negotiation, 
during which I ceased to feel quite so smart, we settled on 
fifteen hundred dollars as a fair price. 

Sometime on your travels, keep an eye out for a little im- 
print called Three Years among the Indians, by James, printed 
in Waterloo, Illinois, in 1846. I hope you will have as pleasant 
memories of your discovery as I have. A librarian friend in 
St. Louis let me know that the author's nephew was still living 
in Waterloo, that he had a copy of the pamphlet, which a scout 
had tried to buy from him, but he had said he could not bring 
himself to sell his uncle's book. 

On the strength of this I went out to Waterloo, an inacces- 

[ 23 ] 



THE ADVENTURES OF A TREASURE HUNTER 

sible small town east of St. Louis. I was directed to a bunga- 
low where an extremely nice old man asked what he could 
do for me. 

"I've come to buy a book you don't want to sell," I said. 

"We're just sitting down to corned beef and cabbage. 
Wouldn't you like some?" he asked. "How're you going to buy 
it? I'm just not going to sell it until I can get another copy." 

"I don't know, but I'm not leaving without it." 

"Well, how are you going to buy it?" 

"I'm going to leave you a signed blank check," I said. "After 
you fill in the amount, and the check doesn't bounce from the 
bank, you mail me the pamphlet." 

The old man looked at me with rather a twinkle. "What 
would you do," he asked, "if I filled that check in for three 
hundred dollars?" 

"Try it, and you'll see," said I. I handed him the blank 
check, thanked him for the corned beef, and went back to 
St. Louis. Five or six weeks later the check had still not 
cleared, and I began to worry about Three Years among the 
Indians. 

At last a letter came from the nephew, in which he said he 
had decided to open a bank account with the amount of my 
check, but had not cared to do it in a small town where every- 
one knew everyone else's business. So he had opened a new 
account in St. Louis, my check had cleared, and he was send- 
ing me Three Years among the Indians by express, insured, 
collect. 

Another thing that lends spice to the pursuits of the im- 
print collector is the fact that one imprint may be dear at five 
dollars, and the same title, printed the same year but in a dif- 
ferent place, may be worth five hundred. There is an Indian 
treaty printed in London in 1756 that you can find almost at 

[ 24 ] 



AMERICANA WHAT AND SO WHAT? 

will for about fifty dollars. It is almost impossible to set any 
price on the identical treaty, printed the same year in Williams- 
burg, Virginia, because only two copies are known. The first 
one appeared in the famous Brinley sale in 1881, and the 
second passed over my desk at a great bargain for some hun- 
dreds of dollars a few years ago. 

As you will learn if you read to the end of this book, I have 
very little patience with people who say that all the killings 
and all the discoveries have been made. But I must admit that 
the collecting of imprints has grown up like a mushroom in the 
last twenty-five years; you could hardly do now what my 
partner Adolph Stager and I did at the old Stan V. Henkels 
auction rooms about 1925. A bundle of forty-five pamphlets, 
worth from five to fifty dollars each, was up for sale. Stager 
nervously telephoned me just before the sale to find out how 
much money we had in the bank, in case we should have to 
reach for this prize. 

Right after the sale he telephoned again, almost equally 
nervous with relief: he had bought the lot for forty-five 
dollars. 

We thought it was a pretty good haul until the morning 
after, when we really began scrutinizing our loot. Then we 
found that it included a copy of the first Mormon Constitu- 
tion, printed in Kanesville in 1849. This, like the Green River 
Ordinances, was printed on a migratory press, and not only the 
press but the town had long since ceased to exist. 

After some digging around, I priced the pamphlet at a 
thousand dollars. George W. Cole, the librarian of the Hunting- 
ton Library, San Marino, Calif ornia, thought the price was 
ridiculous; but when I put the pamphlet in the American Art 
Association's auction soon afterward, Mr. Huntington's agent 
bought it for $1010. Counting the buying agent's commission, 

[ 25 ]' 



THE ADVENTURES OF A TREASURE HUNTER 

it cost him $111 not to buy the pamphlet from me in the first 
place. 

United States government documents are probably the most 
forbidding-looking lot of publications you will find anywhere. 
Most of them are badly printed, festooned with certificates, 
letters of transmittal, and mysterious code numbers. Probably 
more than 50 per cent are also pure hot air speeches by 
members of Congress happy to get their names in print for the 
one time in their lives. 

The funny thing is that literally nobody knows what gold is 
buried in those hills of paper. The most vital sources for our 
history are to be found nowhere else. 

You might naturally think that a person could go to the 
Library of Congress and say, "Here, fetch me the Government 
documents on so and so." 

But you would be wrong. There is no complete record of 
what documents were published. A versatile old character 
named Ben Perley Poore put out a bibliography in the eighties, 
covering perhaps 75 per cent of the items now known. There 
have been some later bibliographies, but none even so full as 
Poore's. 

Here are a few documents that pop into my head as I sit 
here. 

The first American treason trial, that of William Blount, of 
Tennessee, in the 1790's, is known to us only through a Gov- 
ernment publication. 

The Government published the first record of the Lewis and 
Clark expedition. 

The only existing records of the Old Northwest are in dusty 
government folios. 

All we knew about Japan for fifty years was contained in the 

[ 26 ] 



AMERICANA WHAT AND SO WHAT? 

three fat volumes of Commodore Matthew Calbraith Perry's 
report on his expedition that opened up Nippon to the west 
(Among the numerous plates in the first edition was a picture 
showing Japanese men and women bathing together in a steam 
bath. This was the only thing the Japanese government ob- 
jected to, and it was omitted from later printings. ) 

So far as I can see, the subject of Government documents 
will always remain a Chinese puzzle, yielding a nugget here 
and there to those persistent enough to dig for it. 

My interest was first aroused thirty or forty years ago, when 
several hundred folio documents were bundled and offered 
for sale at the American Art Association. William L. Clements, 
of Ann Arbor, Michigan, sent me a substantial bid, remarking 
at the same time that he wanted to complete his files of Gov- 
ernment documents printed before 1800. I bought in the lot 
for a mere fraction of his bid. Before I shipped his purchase, 
I looked through the collection and decided that it was prac- 
tically hopeless for me ever to learn anything about American 
history. Even now I don't know whether the Clements collec- 
tion is finished up to 1800. For that matter, I wonder if the 
Library of Congress has a complete file. 

Recently I have had a phone call from the Southern Book 
Company in Baltimore, asking me to guess at the value of a 
Government document on the Bill of Rights, of which the 
only other known copy is in the Library of Congress. 

All I could say was, *Tm damned if I know. It's all a ques- 
tion of how far your imagination works, with a minimum of 
five thousand dollars." 

One of the great sources for the history of the Northwest is 
the report of the expedition under Commodore Wilkes. It was 
first printed in five volumes, plus an atlas, then reprinted 
several times in five volumes with the maps bound in. Ed 

[ 27 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Eberstadt found out somehow that there had been an edition 
of a hundred sets printed the year before the well-known 
edition. There were also innumerable volumes of scientific re- 
ports in folio from the various experts who accompanied the 
expedition. These too were printed in an edition of one hun- 
dred. 

I have never seen the edition that Eberstadt discovered; but 
I have, I am sorry to say, seen two sets of the scientific reports. 

The first set was in the duplicate room at Cornell University. 
The librarian, Mr. Harris, asked me, "Shall I put these along 
with the wastepaper?" 

Here was one of the insoluble dilemmas in a bookseller's 
work. If I offered ten dollars, I would unquestionably get 
them and be remembered forevcrmore as a robber of widows 
and orphans and librarians. Whatever I said was wrong. 

So I made the other mistake. I said, "I hardly think I would 
do that. I can give you five hundred for the set." 

Mr. Harris said, 'I'll have to let you know." As soon as I had 
waked him up, he remembered that the books were not 
duplicates but simply bulky, dreary-looking tomes that he had 
got tired of giving shelf space to. 

The only other set I ever saw was in the basement of the 
Rhode Island Historical Society. I had practically the same 
experience, was equally sure I could get away with them for 
ten dollars, and offered five hundred. Later, hoping against 
hope to get some action out of the librarian, I wrote and 
offered a thousand. This was some ten years ago, arid so far 
I am still waiting for an answer. 

To my great regret I am forced to confess that my own 
book is a sad example in one respect; if I had kept a diary 
during my sixty years, instead of just trying to remember back 

[ 28 ] 



AMERICANA WHAT AND SO WHAT? 

now, the story would really have meant something. Old men's 
recollections are plentiful enough among historical books, but 
the real nuggets are the things that were scrawled down at the 
time. From a historical standpoint you can easily see why this 
is, and I have had experiences enough to show that it is also 
true in respect to money values. 

Fred Skiff showed me a tiny notebook, not altogether un- 
like those you buy in dime stores now. The inside was scrib- 
bled in pencil. Every attic has a dozen of them, usually con- 
taining notes on the weather and the price of eggs. 

"Charlie, get me twenty-five hundred for this," said Fred. 

"Why?" 

"Look on page fifty-nine." 

Page fifty-nine showed that the diarist had got lost in the 
California mountains in January, 1848. To his considerable re- 
lief he was rescued by some Indians working for a man named 
Sutter and brought into Sutter's Fort on the twenty-second, 
two days before the man came in with the first gold nuggets. 
About three lines of the diary were devoted to the excitement 
when one of Sutter's employees, named Marshall, came back 
into camp with some gold nuggets he had found. I had the 
diary on my desk when Dr. Rosenbach's assistant came pros- 
pecting around, as he frequently did. He looked at the book. 

"How much?" 

"Oh, I don't know." 

The usual procedure was scrupulously followed: he went 
home, and Dr. Rosenbach telephoned to ask if I would come 
and show him the diary. He sent his Rolls-Royce. 

We talked for a while about nothing in particular. 

"How much for this?" the doctor finally asked. 

"Three thousand five hundred." 

"If you'll give me 10 per cent off, I'll write you a check." 

[ 29 ] 



THE ADVENTURES OF A TREASURE HUNTER 

"Oh, go peddle your newspapers, Doc." I went out and down 
the marble stairs. 

"I suppose you think I'm being foolish not to buy this," said 
Dr. Rosenbach, patting me condescendingly on the shoulder. 

"No, I don't think you're being foolish. I know you're being 
foolish. It's just a question of whether I sell it to Henry E. 
Huntington for five thousand or you sell it to him for ten 
thousand." 

He laughed, and swung me around to face upstairs again. I 
suppose my price must have been ten times the value of any 
nugget found the first day of the Gold Rush. 

A Midwestern librarian friend of mine was looking busily 
for a copy of Larned's Literature of American History (one of 
the most useful books any bookseller can own, incidentally ) , 
and could not find one. 

I had just been an underbidder for a Connecticut library 
in which was a copy of the Larned, so I suggested that the 
librarian write to the successful buyer, a woman in Hartford. 
He did so, and she surprised me very much by selling him the 
book for two dollars. This pleased me only moderately because 
I would have been glad to give her twenty dollars, but, any- 
way, my friend had his Larned. 

Shortly afterwards he sent me a book with a note: "Please 
take this with my compliments; I found it out here on a ten- 
cent shelf." The book looked quite unpromising. It was Recol- 
lections of a Woman of Eighty-five, by Mrs. Nye-Starr, Chi- 
cago, 1881. When I looked at it, I discovered that along with 
the recollections of an octogenarian was a diary she had kept 
as a young girl on her way out to join her brother, who was 
governor of Nevada. She had met Mark Twain in his Western 
days, and her diary told all about it. The book wound up in 
the Coe collection at Yale. Perhaps because a Chicago book of 

[ 30 ] 



AMERICANA WHAT AND SO WHAT? 

1881 looks so commonplace that you would pass it by on a ten- 
cent counter, no other copy has ever been unearthed, though I 
have advertised twenty times and canvassed all my librarian 
friends around Chicago. 

Some high-powered papers are really too hot to handle. At 
the time of the Hay-Pauncefote Treaty in 1901, we had an 
ambassador in London by the name of White, who came from 
Englewood, New Jersey. 

Years afterward, Sam Dauber went on a fishing trip to the 
Salvation Army in Englewood and returned with a letter book 
containing copies of all the secret correspondence regarding 
the Hay-Pauncefote Treaty. After looking through the papers, 
you could not escape the conclusion that this treaty was one 
of the great scandals in American history. 

Sam was feeling pretty pleased with himself. "We ought to 
make some money out of this," he said. 

"Sam, youVe got an elephant by the tail, and you can't let 
go. If you catalogue it, the Government will claim it, sure. 
What else can you do with it?" 

At length someone from an Eastern university came into the 
store, and I showed him our firecracker. "What would you do 
with this?" 

He did not know, any more than I did. Finally he and Sam 
Dauber and I sat down and after arguing for an hour, I said, 
"Well, we'll sell this to the university if they'll promise not 
to let anyone see it for twenty years/* 

That was the deal; the twenty years are not up yet 

A president of the Theosophical Society, Claude Wright, dis- 
appeared, leaving two trunks behind him. They were finally 
auctioned off by a University Place gallery for storage charges, 

[ 31 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Sam Dauber, a good gambler, bought them in for thirty 
dollars. 

When we broke the trunks open, about all we found was 
something that had been a dress suit before the moths moved 
in. 

Sam is also a great hand for the follow-up. He went over to 
the auctioneer's, choosing a moment when the great man was 
absent, and asked one of the boys around the place if there 
had not been any papers in the trunks. 

"Oh, yes," said the boy. "We put these over in a corner." 

"Thank you very much," said Sam, peeling off two dollars 
for future protection. 

When we started rooting through the papers, we found that 
they recorded many of the vitriolic quarrels among Annie 
Besant and Madame Blavatsky's other followers. "I am the true 
successor to Madame Blavatsky," wrote Annie Besant. "You 
are, like hell," replied somebody else. "I have her ring, which 
I took off her finger when she was lying in her coffin." And 
so on and so on. 

"Well," I told Sam, "we've got thirty-two dollars in this; let's 
see if we can get fifteen hundred out of it." 

I was just preparing to catalogue the lot when a six-foot 
stranger came in the store and downstairs to the rare-book 
department. 

"I hear you have some theosophical papers," he said. "How 
much do you want for them?" 

"Well, I was just getting ready to catalogue them," I said; 
"but to save the trouble and expense, Til let you have the lot 
for a thousand dollars." 

"What? Trying to blackmail me?" shouted the stranger. 

"Do you see those steps?" I shouted back. "You get up them 
in a hurry, you son of a bitch, or HI throw you up." 

[ 32 ] 



AMERICANA WHAT AND SO WHAT? 

An hour or two later he was back, perfectly placid. "I've 
been asking around to see what kind of fellow you are. I'll 
give you a thousand dollars for the papers, if you'll tear them 
up in my presence/' 

"I'm letting you off fairly easy," I said, "because before you 
came in, I had just about decided to ask fifteen hundred. But 
youll still save my cataloguing the papers. It's a deal." 

I carefully blotted his check, and then set to work tearing 
the theosophical papers into small snippets. 

On the corner of Charing Cross Road and Shaftesbury 
Avenue is a famous pub. When I was in London about 1925, 
a number of my dealer friends and I used to go there regu- 
larly after the shops closed at seven. 

One night I noticed a young man in the corner who looked 
as if he lacked the price of a drink. In Yankee fashion and 
British phrase I said, "Won't you join us in a spot?" 

The young man said he would be delighted, and introduced 
himself, saying his name was Falconer. 

English drinking parties run to about one drink per hour. 
He had put away one spot when we all decided our time was 
up. He thanked me again, and started to leave. 

Something put it into my head to ask, "By the way, are you 
any connection of Judge Falconer, the one that traveled around 
New Mexico with a tin bathtub, and kept falling off his 
horse?" 

"As a matter of fact, I'm the last living descendant of Judge 
Falconer, and I even have his papers." 

Trying not to look as excited as I felt, I said in what I hoped 
was a steady voice, "How about a spot of lunch at the Horse- 
shoe tomorrow?'* 

"Gladly," he said, and so we parted. 

[ 33 ] 



THE ADVENTURES OF A TREASURE HUNTER 

One of the great books of Western travel, which was re- 
printed several times in its own day and has lost none of its 
value since, is George W. Kendall's Narrative of the Texan- 
Santa Fe Expedition. In it he refers several times to the ec- 
centric Englishman, Falconer, with the tin bathtub. As a 
steady reader of Kendall, I remembered Falconer; hence my 
question to the young man. 

Back at the hotel that night, I tried to calm myself. "Look," 
I said to my wife, but really to myself, "you don't just stumble 
onto things like this. This is too easy; there's something wrong 
with it/' 

In the morning I rushed over to see Leon Kashnor at the 
Museum Book Store. "Do you know a young fellow named 
Falconer, Leon?" I asked. 

"Oh, for Christ's sake, Charlie, you stay clear of that," Leon 
said. "I've fifty pounds in the man now, and I haven't the 
slightest idea whether he owns a single sheet of paper." 

I went to lunch at the Horseshoe, carefully chatted about 
everything in the world except the Falconer papers, quietly 
dodged an attempt by the lineal descendant to put the bite 
on me, and went about my business. I had finally convinced 
myself that it really was too good to be true, so I could keep 
my disappointment within bounds. 

Three years later Leon Kashnor welcomed me at the door of 
his shop with a small handful of papers. "Well, here are the 
Falconer papers. They stood me eighty quid, and I certainly 
hope you can think of some way to get me out whole." 

When I went through the bundle, I found two items that 
looked valuable from a money standpoint. One was a two-page 
letter from Falconer telling about the Santa Fe expedition. 
The other, also in Falconer's own hand, was a bibliography of 
his writings. (After he got back from America, he became a 

[ 34 ] 



AMERICANA WHAT AND SO WHAT? 

judge, and wrote a great many legal pamphlets.) The rest 
of the papers showed that Falconer had been a British secret 
agent on the Mexican border at the time he was with the Santa 
Fe expedition. 

The bibliographer remarked that Falconer's own account of 
his New Mexico trip had been printed in New Orleans. This 
Leon and I already knew, because the Falconer pamphlet is 
among the rarest of books. But then he went on to say that the 
same material had been added also to the seventh edition of 
Kendall. Since no bookseller ever glances inside late editions of 
a book, this was complete news to us. The seventh edition 
of Kendall, of course, was very much looked down on by all 
the people who wanted a first edition, and the price of the 
seventh stood at about five dollars. 

A lawyer friend of mine, Lanman Crosby, has always amused 
himself by spending his spare time in bookshops. I told him 
about the seventh edition of Kendall, and between us we dug 
up seven sets in the next three years, which we \vere able to 
sell at fifty dollars a set instead of five. We must have done a 
thorough job, because I haven't seen a seventh edition of Ken- 
dall in the last five years. 

The letter that was the other prominent item among the 
Falconer papers I sold for five hundred dollars to a Texas 
collector. Leon and I both came out more than whole from the 
transaction. 

While the collection was intact in my hands, I called up Dr. 
Frederick Hodge and asked if he would like to edit the Fal- 
coner letters. He said he had been meaning to do it for years. 
So Dauber & Pine issued The Falconer Letters and Notes in 
an edition of 250 copies, printed in 1930. This little book is now 
quite as rare as the seventh edition of Kendall's expedition. 

* * # 

[ 35 ] 



THE ADVENTURES OF A TREASURE HUNTER 

One of the most famous professional book-hunters of the 
period around 1910, who worked a great deal for me, hap- 
pened to be traveling through Connecticut, where he en- 
countered a Civil War collector named Eldridge. Eldridge's 
collection was unrivaled in its time, but it simply could not be 
bought. The book-hunter, while unsuccessful in buying the 
collection, made the acquaintance of Miss Eldridge and later 
married her. 

Among the gems of the collection was a set of Civil War 
photographs by Matthew Brady, easily five times larger than 
that of any contemporary. After Eldridge died, his son-in-law, 
as executor, took the Brady photographs to Lanier of the Re- 
view of Review and sold them to him for thirty thousand 
dollars. Lanier rounded up some lesser collections, and poured 
them all into the Photographic History of the Civil War. 

He made a splendid job of it, and sold so many thousands of 
sets that for ten years afterwards a bookseller seldom bought 
a private library that did not contain at least one set of the 
Photographic History of the Civil War. 

Naturally this drove the price down; I have seen many sets 
sell for $3.50. 

It was a really good book, and times have changed. Some- 
time when you have nothing else to do, go hunting for a 
Photographic History under $50 a set. 

In the process of preparing the Photographic History for 
publication, the editors tossed out some three thousand photo- 
graphs as not being originals that is, they were photographs 
of photographs. This lot was put up at auction and sold for a 
small sum. 

The great backer of the Western Reserve Historical Society 
in those days was president of the American Steel and Wire 
Company, William P. Palmer. His main interest was enlarging 

[ 36 ] 



AMERICANA WHAT AND SO WHAT? 

a collection at the Historical Society which covered both sides 
of the Civil War. At the time, I knew he had spent about 
$30,000 on it. 

I happened to be in Cleveland, so I went to call on my chum 
Wallace Cathcart, the librarian of the Society. He said, "Come 
on upstairs. Mr. Palmer wants you to see his Civil War stuff." 

I looked over the material, and Mr. Palmer asked what I 
thought of it. 

"Well," I said, "I think youVe made a fine beginning." He 
grinned a little at that "Now," he said, "I want to show you a 
collection of Brady photographs that I bought at a bargain 
recently for several thousand dollars." 

Sure enough, it was our old friends. 

Mr. Palmer showed me a letter from a book man whom well 
call John Doe: "This is unquestionably the finest lot of Brady 
photographs ever offered for sale, and I am prepared to 
guarantee that each and every one is an original." 

To my friend Cathcart's chagrin, I said, "I'm willing to give 
you a different guarantee. I will personally guarantee that you 
do not have a single original Brady photograph in the entire 
lot." 

Mr. Palmer just grinned, and said, "We do get trimmed a 
lot, don't we?" 

Not all Clevelanders were so good-natured about it. I was 
in Cathcart's office when an elderly lawyer came in with a list 
of books he wanted to sell. "Doe offered me twelve hundred 
and fifty," he said. 

"Here, Charlie, you take a look at the list," Cathcart put in. 

"Oh, I don't need to do that. If John Doe will pay twelve 
hundred fifty, I'll give two thousand without bothering to look 
at the list," I said. 

"No," the lawyer said, "I won't take that offer. What I will do 

[ 37 ] 



THE ADVENTURES OF A TREASURE HUNTER 

is to sell you the lot for twelve hundred fifty, and I will pack 
and ship them at my expense, just so that son of a bitch doesn't 
get them in Cleveland." 

My last transaction with John Doe, the dealer, was a fairly 
complete joke on me. While I was at Dauber & Pine's, I cata- 
logued an extraordinary copy of Doddridge's Indian Wars at 
seventy-five dollars. I showed it to Sam Dauber and said, 
"Take a look at this, because you'll never see another copy as 
good." 

John Doe wired for it. 

Three months later a copy came back, with no covers, library 
discard stamps smeared all over it, and a note from him, say- 
ing, "Charlie, what do you mean by cataloguing this as the 
finest copy you ever saw?" 

For want of any other excitement, I decided I would sue 
him. A Western lawyer happened to be in the store, and I said, 
'Til give you half of the sixty-seven fifty if youll collect this." 
I reached into my pocket and found three ten-dollar bills. 

"Oh, that's plenty," said the lawyer. "I'll collect it." 

That is the last I have heard of Doddridge or lawyer. 

One of the first things I discovered when I began to read 
American history seriously in 1891 was that everything in my 
school history books was at least questionable. It took me 
twenty years to unlearn everything that had been stuffed down 
my throat. 

Perhaps my hypersensitivity to some of our well-advertised 
historical monuments is a drawback that goes with dealing in 
the stuff of American history, but it also has its compensations. 
My Labrador retriever, like anyone else, enjoys a comfort stop 
now and then on a long drive. I have always found great 
pleasure as we pass through Tarrytown, New York, in accom- 

[ 38 ] 



AMERICANA WHAT AND SO WHAT? 

modating him by a stop at the monument to the captors of 
Major Andre. 

The facts of the famous capture are well known, though 
perhaps not in all their details. The three great patriots who 
captured Andre really did capture him, but they were sutlers 
and, not to put too fine a point on it, bootleggers. Andre 
offered them a large bribe to let him go, and their first instinct 
was to escort him safely to the British lines. Halfway there, 
however, they began to think they would not look very good 
if they were captured; so they decided to go down in history as 
heroes by taking him to the American army. 

It is barely possible that the members of the D.A.R. and 
the S.A.R. will not approve of this last paragraph; but then, I 
am not looking for them to read this book, anyway. 

The bulk of the legends printed in our schoolbooks are 
about as accurate as Emanuel Leutze's famous painting of 
Washington Crossing the Delaware. Some years ago one of 
our best sellers was a book called 1776; the thing I remember 
best about it is the author's statement, concerning the painting, 
that in the first place Washington knew far too much to stand 
up in a rowboat and that in the second place he would 
probably have been facing the rear, shouting at the 250-pound 
General Henry Knox, "Move your fat ass, and trim the 
boat." 

The late Mr. Frank Reynolds, who was a partner in the travel 
*firm called Ask Mr. Foster, made a hobby of Florida history. 
Probably no one has ever known more about the subject. He 
wrote the standard history of St. Augustine, and in the course 
of his research spent some years on the "Oldest House in Amer- 
ica." Perhaps as a relaxation from his larger history, he wrote 
and published a pamphlet characterizing the Oldest House as 

f 39 ] 



THE ADVENTURES OF A TREASURE HUNTER 

undoubtedly a fake. He used to give the pamphlet away by 
the hundreds at his various offices, and he would send me four 
or five hundred at a crack for free distribution. 

A St. Augustine tourist organization threatened to sue him; 
he told them he wished they would. The only thing that ever 
happened was a letter from Chauncey M. Depew, the New 
York Central Railroad magnate, who was also an active figure 
in the Florida Historical Society. "Why destroy pleasant leg- 
ends?" said the old robber baron. 

What makes me mad is that the writers of the history books 
on which our children are brought up seem to prefer Chauncey 
Depew's attitude to Mr. Reynolds's and mine. Not only the 
capture of Major Andre and the Oldest House but the heart- 
stirring stories of Betsy Ross and Barbara Frietchie are 
practically pure products of folk imagination. If any reader of 
mine can produce the slightest evidence that Betsy Ross ever 
saw an American flag, I will willingly send him a genuine Bay 
Psalm Book, with a presentation autograph by Stephen Dave, 
who printed it. 

For a good deal less than that, I will find you part of the 
Book of Mormon that was printed some months before John 
Smith received the communication from on high. 

All the orthodox accounts tell us that the golden plates on 
which the Book of Mormon was inscribed were found in a hill 
near Palmyra, New York, in the spring of 1830. (They were 
written in a foreign tongue, but the angel obligingly provided 
Smith with a magic crystal through which he could read and 
transcribe them in English. ) 

I have never investigated the matter of the discovery, but I 
did once chance upon a magazine called The Reflector that 
began publication at Palmyra in 1829. The November, 1829, 
issue contained an early section of the Book of Mormon 

f 40 ] 



AMERICANA WHAT AND SO WHAT? 

which, incidentally, the newspapers of the time regarded and 
criticized as a political pamphlet. 

Perhaps the pleasantest thing about The Reflector is that it 
reminds me of my many years' friendship with Herbert Auer- 
bach, the greatest collector of Mormon books who has ever 
lived. The connection is a trifle roundabout. 

My friend and factotum, Harry Alpern, once spent an ex- 
tremely discouraging week in his long round of attics, antique 
and junk shops. All he had to show for six days of unremitting 
labor was one forlorn volume of The Reflector. As a matter of 
course, I offered it first to Mr. Auerbach, who thanked me, 
but said he had a copy. 

(He told me later how he had come by his. A penciled 
post card arrived in the mail from Palmyra, listing some old 
books that an elderly lady wanted to sell. Mr. Auerbach did 
not write, he did not wire, he did not telephone; he went in 
person to make sure of that haul. The old lady was very much 
astonished when Mr. Auerbach gave her fifty dollars for a 
dog-eared old magazine. ) 

My next move was to write a careful description of the book 
for Mr. Littel, of Chicago, with a $175 tag. He bought it. 

When later his books were sent to the Parke-Bernet Galleries, 
the auctioneer picked out all the better items to be catalogued 
and sold separately. The odds and ends were being bundled 
when a cataloguer happened to find my description stuck into 
the volume of The Reflector. He thereupon catalogued it very 
elaborately by itself, and the Scribner Book Store bid it in for 
$450. 

The Auerbach copy was sold later for $400. In the same sale 
was a run of a weekly newspaper called Tlw Valley Tan, 
named after a cheap brand of whisky made in Utah. Some 
eccentric launched the paper to attack the Mormons. He kept 

[ 41 ] 



THE ADVENTURES OF A TREASURE HUNTER 

going for a full year, fifty-two numbers, and Mr. Auerbach had 
forty-nine. I ought to know; I sold them to him. 

One day, in response to a note, I called at a broken-down 
Southern mansion near Charlottesville, Virginia. The lady of 
the house welcomed me at the door. "Before I come in," I said, 
"I want to tell you that I'm fed up with you Southern ladies." 

'What's the matter with us, Mr. Everitt?" 

"It doesn't matter what book I try to buy below the Mason 
and Dixon's line, it always belonged to Grandpappy and isn't 
for sale." 

"You won't have that trouble here," she said. "You can buy 
anything in the house." 

I went into a large library, which was almost entirely filled 
with junk. The only exceptions were the lady's husband, who 
was sitting in the corner, and three volumes of Ben Franklin's 
newspapers, sitting on the floor. She said, "Mr. Everitt, what 
are you going to give me for those?" 

"One hundred fifty for these," I said. 

"Oh, is that all?" ' 

I turned to her husband. "Listen to the woman," I said. "She 
knew I was going to offer her three dollars, so when I offer her 
a hundred and fifty, which is halfway honest, she say's Is that 
all?"* 

"Mr. Everitt," he said, "you could have bought those for two 
dollars." 

"Now," I said, "I am going out in the woodshed." 

"You can't do that," she told me. "It's getting dark." 

I repeated that I was going into the woodshed to see what 
she had thrown away. After some argument she got me a lan- 
tern. 

"Don't worry," I said. "I've been in a lot dirtier places than 
your woodshed looking for books." 

[ 42 ] 



AMERICANA WHAT AND SO WHAT? 

In a wood-basket, ready to start the next morning's fire, 
was this file of The Valley Tan, the only approximately com- 
plete one yet traced. 

I went back into the house. "Now," I told the lady, "I'm going 
to rob you. If these had been in the library, I'd have given you 
fifty dollars for them. Because you were going to burn them up 
in the morning, I'm going to give you ten." 

"Don't you think you're being pretty cruel?" 

"I think it serves you right," her husband put in. 

A letter came in one day from a perfect stranger in Bruns- 
wick, Maine, with a list of books he wanted to sell. He had a 
three-volume Bishop's American Manufactures (worth $30 or 
$40), for $3.00; Hodge's Handbook of American Indians (a $15 
book), for $1.50; and twenty or thirty other books of about the 
same grade, similarly priced. 

I wrote back and said I hoped he had not sent out other 
copies of his list, but in any case I would be happy to pay 
him $15 for the Bishop; $7.50 for the Hodge; and so on through 
the list. My offer was about double his total. 

He answered that this was the only list he had sent out, 
that he felt a bit uneasy about it, and that he would gladly 
accept my offer, or his own original prices. So I sent him the 
full amount of my offer. 

Not long afterward he telephoned me from the Plaza Hotel 
in New York. After telling me that I had paid for his visit, he 
went on to say that he had some old letters he wished I would 
look over. When I got there, he had a sort of sea chest full of 
thousands of letters and manuscripts from the first American 
missionary to Persia. There were manuscripts of the first 
translation of the Bible into Persian, and heaven knows what 
else. 

[ 43 ] 



THE ADVENTURES OF A TREASURE HUNTER 

"I paid a dollar for these," he said. "Do you want to give me 
a hundred?" 

I said, "Fine, how do we get them to the store?" 

"I'll take care of that." 

He hoisted the sea chest on his shoulder, tipped someone a 
dime to help him into a cab with it, and off we went. 

Going over in the taxi, he said, "There's one stamp in this 
envelope that I think is pretty good." The stamp was a New 
York Provisional of 1845. Later one of the largest stamp dealers 
in town dropped in, looked the stamp over, and exclaimed 
plaintively that it had been folded. The most he could pay 
for it was thirty dollars. 

A friend of mine who does not share my detestation for 
stamps took this one down to Nassau Street, went to fourteen 
dealers, and emerged triumphant with $57.50. 

The box of missionary letters I catalogued at $450. The 
Library of Congress asked to see them on approval. This was 
before my little private lobby had finagled through a law 
prohibiting them from keeping approval items more than 
seven days, and their habit was to hang on to things from six 
months to two years. So I said no thank you to the Library of 
Congress. 

Some weeks later the librarian of a theological seminary in 
New England telephoned, asking if she might have the letters 
on approval for sixty days, until the Oriental scholars on the 
faculty came back from vacation. 

Some two months later she phoned again to say that their 
scholars all agreed on the great value of the material, but with 
all their efforts they had not succeeded in raising more than 
four hundred dollars. 

"I think it is so important for the right institution to have 
these letters," I told her, "that I should like to contribute a 

[ 44 ] 



AMERICANA WHAT AND SO WHAT? 

hundred dollars to your fund myself. The letters are yours for 
three hundred." 

My friend from Brunswick had other treasures of the same 
sort in store for me. I went to see him at his bungalow in 
Brunswick. He showed me a bureau drawer full of letters from 
the golden age of New England Alcott, forty letters from 
one of F.D.R.'s Delano ancestors, describing his adventures in 
California, and enough more to fill the drawer. 

"Everitt, I won't sell you these," he said. 

I had just discovered that he was a teetotaler, so I was un- 
doubtedly in disgrace. I tried to put a good face on it. "All 
right. I've never committed suicide yet because I couldn't buy 
anything. So what did you get me here for?" 

He poured us each a Coca-Cola. "I won't sell them to you. 
What I want is that you take them and give me half of any- 
thing you get." 

( I forget whether it was two or three thousand dollars that 
we finally split. ) 

Then he told me he had a barnful of books down in the 
village. My train was due to leave in two hours. 

Pushing to the utmost my eagle eye for shelf-backs, I 
snatched a hundred odd volumes off his shelves. One of these 
was a small morocco folio in Sheraton style, with lettering on 
the front cover: "The Secretary of State." 

"Would you like me to give you a hundred dollars for this 
lot?" I asked. 

"Hell," he said, "you can have the whole barnful for that." 

But I stuck to my offer and made up an express package 
out of my choice. "Who pays for the express?" asked my 
friend. 

I said I would. When the package reached me in New York, 
I grabbed hastily for the small folio. I had carefully refrained 

[ 45 ] 



THE ADVENTURES OF A TREASURE HUNTER 

from looking inside it in Brunswick, but I was sure I had 
recognized it as Laws of a Congress of the U.S., New York, 
1789. There is nothing very rare about the title, but a binding 
especially lettered for the Secretary of State is another matter. 
The Secretary then was Thomas Jefferson. 

Before I glanced at the cover, I had decided that this was 
one of the most valuable books ever to pass through my hands. 
Here was my year's overhead in one neat package. 

Then I looked inside. Some Yankee from the state of Maine 
had torn out every second page, and had pasted on all the 
others such items of prose and verse as seemed to his peanut 
brain worth preserving. 

As I was inspecting this glorious scrapbook, a dealer looked 
over my shoulder. "I'll give you a hundred dollars for it, as 
is," he said. 

I was so disgusted that I instantly wrapped the book up and 
sent it, with my compliments, to my old friend Dr. Randolph 
G. Adams, of the William L. Clements Library at Ann Arbor, 
Michigan. 

Later he sent me a careful description of the book. The gist 
of it was as follows: 

Not only was it bound specially for the Secretary of 
State, but that Secretary, Thomas Jefferson, actually used 
this copy, as is evidenced from a brief marginal manu- 
script note on p. 15 which is unmistakably in Jefferson's 
hand. This came to light upon the removal of some 
awful poem. 

BIBLIOGRAPHICALLY SPEAKING: This book was 
originally issued in marbled paper covers. But appar- 
ently copies were especially bound for Federal officials 
as this one for "The Secretary of State." There should 
be 53 leaves, of which our criminal has removed 26. 

[ 46 ] 



AMERICANA WHAT AND SO WHAT? 

There probably were other copies in this rather fine 
early American binding, Sheraton style, for other Fed- 
eral officials. George Washington's copy, which Griffin 
& Lane in their description of Washington's Library said 
was missing in 1897 when they made their checklist. It 
was appraised at $.75 at the time of the settlement of 
Washington's will. 

This book disproves Dr. Rosenbach's story as to his 
book (mentioned in the Book-Hunters Holiday) being 
the only book which survived the fire of 1814. This one 
obviously did also. Perhaps I should use an early nine- 
teenth-century hand, and write in it "Picked up by me 
during the conflagration incident to the burning of Wash- 
ington, 1814, C.P.E." 

Morton Pennypacker, the great Long Island collector, came 
into Dauber & Pine's one day with an abridged juvenile edi- 
tion of Robinson Crusoe, printed in New York by Hugh Gaine, 
the celebrated Tory printer, in 1774. 

"Half the frontispiece to this is gone," said Pennypacker, "so 
I'd be happy to take ten dollars for it." 

Considering how many editions of Robinson Crusoe there 
are, you might have hesitated to pay ten cents; but I happened 
to know that this was one of the possibly two or three Hugh 
Gaine imprints that the New York Public Library lacked. I 
called in my friend R. W. G. Vail, who worked there at the 
time, and asked him to offer it to Mr. Eames at sixty dollars. 
Mr. Vail later wrote me a letter about the transaction. 

Mr. Eames was quite excited about it, never having 
heard of a copy of this, the first American edition of 
Robinson Crusoe. He said that the price was very mod- 
est, so sent me on to Dr. V. H. Paltsits, head of the 
American History and Rare Book division. Dr. Paltsits 
willingly approved the purchase and sent me on to H. M. 

[ 47 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Lydenberg, then head of the Reference Department, 
for final approval. I had just convinced Mr. Lyden- 
berg that we should buy the book, since we had a fine 
collection of Gaine imprints and also of early American 
juveniles, when the Director, Mr. E. H. Anderson, hap- 
pened in and wanted to know what the book was we 
were discussing. I explained the case to him, and he, not 
being a book man and having little interest in rare books 
as such, said: "We cannot spend our money for a little, 
abbreviated, child's edition. We have many other com- 
plete editions including the first English edition." I tried 
to convince him that we should purchase it, and ex- 
plained that it was the only known copy, but he refused 
to let us buy it. I then said that, if the library would not 
buy it, I would purchase it myself as a speculation. He 
said if I could make anything after paying such a high 
price for it, I was welcome to do so. Soon after, a woman 
free-lance newspaper writer came to the library look- 
ing for material, and I showed her the Robinson Crusoe. 
She got excited about it and wrote a good feature ar- 
ticle about it in which she said it might bring as much 
as $10,000. A few days later Dr. Rosenbach saw me at 
an auction and said: "I hear you picked up an early 
Robinson Crusoe. What are you going to do with it 
you don't collect juveniles/* I said that I had not de- 
cided what to do with it and he suggested that I bring it 
up and show it to him, which I agreed to do. A couple 
of weeks later I went up to his office and spent a de- 
lightful couple of hours haggling over it. I offered it at 
$1200, and he began very low, probably around $50 or 
$100, I don't remember the amount. The upshot of it 
all was that I sold it to him for $600, then took his check 
down and showed it to Mr. Anderson at the library, to 
his great astonishment 

[ 48 ] 



AMERICANA WHAT AND SO WHAT? 

Some time later, I went to London, and was welcomed by 
my old friend Ben Marks with a newspaper clipping that read: 
"AMERICAN BOOKSELLER SELLS $5000 BOOK FOR $50." 

"Hell ? Ben, think nothing of it," I said. "I do that every day." 
The old rule held good again here: no sooner had Rosenbach 
bought his copy than Yale bought a perfect copy. 

Anyone who lives in Manhattan naturally dreads like the 
plague having to go to Brooklyn. Nevertheless, during the 
fifteen or twenty years that the bookshop of Neil Morrow 
Ladd on upper Fulton Street was in existence, any dealer or 
collector who did not fight his way to Brooklyn at least once 
a week was very foolish. Fred Ladd had two men on the road 
all the time, and several hundred new volumes always came 
in every week. He had a corner where he used to stack any 
Americana he was doubtful about until I could take a look at 
them. 

On one of my last trips to his shop, I had inspected what 
he had, and was ready to leave, when he said, "You'd better 
take a look at this, hadn't you?" 

He pointed to a set of Shakespeare. 

In my opinion, sets of Shakespeare are usually too thin even 
to make good doorstops unless you pile several volumes to- 
gether; but since Ladd asked me, I looked. Inside the front 
cover of Volume I was an inscription to James Russell Lowell 
from his loving parents on the occasion of his entering Harvard 
College. Scattered through all the volumes were some twelve 
hundred notes in Lowell's hand. Here, obviously, was the 
source from which he had drawn much of the material for his 
English Dramatists. 

I quaked to think what Fred would want for the set. "How 
much, Fred?" I asked. 

[ 49 ] 



THE ADVENTURES OF A TREASURE HUNTER 

"Well, I think if I put this set up at auction, it would prob- 
ably bring me at least seventy-five dollars." 

"You mean you'll take seventy-five dollars for it now, or 
what?" 

"Why, yes," said Fred. "I'd be glad to take seventy-five 
dollars for it." 

Naturally one of my first acts after closing the sale was to 
write to Amy Lowell. She came down from Cambridge es- 
pecially to see the set. 

At the store she lit up one of her black cigars. 

She sat there puffing, and finally came to the inevitable ques- 
tion: "How much?" 

"Twelve hundred and fifty," I suggested. 

She barely interrupted her puffing enough to say, "Why, 
hell's bells, you're the goddamnedest thief and robber I ever 
heard of. But 111 take it." 

Frank Dobie once very truly remarked that luck consists in 
being ready for the chance. He also remarked that 90 per cent 
of all the great discoveries are made by pure accident. 

Among my closest bookseller friends is John Scopes, of 
Albany, one of the dozen greatest living Americana dealers 
in the world. On one occasion I spent several hours with him 
and turned up a number of very nice rarities. As I was catch- 
ing my breath, I glanced idly at a ten-cent counter near the 
door, which I know is always a waste of time. For some reason 
or other I picked up a little 16mo entitled Life of Louis 
Tarascon. It said nothing to me, but I riffled the pages with 
one motion, as I always do, and the word "Oregon" jumped out 
at me. 

I solemnly handed John Scopes a dime. "Oh, the hell with 
that," said he. 

[ 50 ] 



AMERICANA WHAT AND SO WHAT? 

"No," I said, "the price is a dime, and a dime it is." 

On the train coming down the Hudson I was finally reduced 
to reading my ten-cent book. It developed that Louis Tarascon 
was a man who lived in Louisville before the Civil War, and 
he had a land scheme for colonizing Oregon. 

On my next visit from Henry R. Wagner, the great bibliog- 
rapher of the West, I had brother Tarascon lying on my desk. 

His eyes lit up with no attempt at concealment, and he 
actually seemed rather relieved when I consented to sell 
him the book for $250. 

As I was pocketing his check and he was pocketing his book, 
he remarked condescendingly, "Of course you'll never see it, 
but Tarascon put some of this stuff into a broadside that was 
printed at Louisville the year before the book was." 

Gratuitous insults like that, particularly when linked with 
bits of information, have a way of sinking into my mind. Pos- 
sibly six months later I was canvassing my friend Liebschutz's 
bookstore in Louisville. He had a bound volume of pamphlets 
that excited him very much because it contained three presen- 
tation sermons from Ralph Waldo Emerson. 

To me, these were just good standard merchandise, but I 
gave the volume my customary riffle, and caught a flash of a 
broadside signed by Louis Tarascon, For the sake of ap- 
pearances I chaffered with Liebschutz, but finally gave him 
his thirty dollars. 

I broke up the volume, sold the Emerson pamphlets for 
twenty-five dollars apiece, and lay in wait with the broad- 
side for Henry Wagner. 

I fear my face was not altogether free of a smirk when I 
spread out the broadside before him. And I am sure I have 
never seen V/agner so mad as when he finally gave me a 
thousand dollars for one sheet of paper. 

[ 51 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Mr. Wagner was not given to passing out free information 
if he thought it could ever be used against him. I have often 
wondered since whether he should have been annoyed that 
his parade of knowledge had cost him money, or gratified 
that it resulted in my finding the broadside at all. 

I had a chance to feel this on my own hide fairly soon 
afterward. Henry Stevens of Vermont, a great antiquarian 
and a great bibliographer, founded a bookselling firm in 
London that is still in business. Their present American 
specialist, Roland Tree, is one of my close friends. 

During my early visits to London they used to sell me 
Western and nineteenth-century Americana for very little 
money. I reciprocated by telling them everything I could 
think of about the new vogue for Western Americana and the 
books that were carrying it. 

They in turn let me loose among the stacks on their laby- 
rinthine third floor, which had obviously not been dusted 
for fifteen or twenty years. I spent several days doing what 
I hoped was cleaning them out of unusual Western items. 
As far as I could see, I left the shelves stripped. 

Years later, Roland Tree, back from one of his visits to the 
London office, dropped in at my office and waved a copy of 
Louis Tarascon under my nose. 

"How the hell did I miss that, Holy?" I asked. "I thought 
I cleaned you out" 

"Well, we finally moved and dusted all the books on the 
third floor, and this had fallen down behind the shelves. You 
know, I think selling you that Western stuff cheap was one 
of the best investments we ever made." 

Here is a double stumble, one by a discoverer and one by 



me. 



[ 52 ] 



AMERICANA WHAT AND SO WHAT? 

Among the most interesting tales of Western exploration is 
James O. Pattie's Narrative, edited by Timothy Flint, one of 
the most remarkable and certainly the most active literary 
figure of his time in the Ohio Valley. For many years any- 
one who had a copy of the book, printed in Cincinnati in 
1833, congratulated himself upon owning a rare first edition. 

Then ten or fifteen years ago Mr. G. Y. Barber, the promi- 
nent collector, got hold of a defective copy with a title page 
dated Cincinnati, 1831. Being a wise man, he rushed straight 
to Wilberforce Eames at the New York Public Library. 

Mr. Eames poked at all the copies of the 1833 edition that 
he could lay hands on. What he found was that each one had 
a "cancel title" the original title page had been torn out 
and another one, dated 1833, had been bound in. This was 
an expedient resorted to now and then by the publisher of 
some spectacularly unsuccessful book, such as Thoreau's A 
Week on the Concord and Merrimack Rivers. Nearly all of 
the first edition would be left on the publisher's hands, so by 
changing the title pages he would try to give the impression 
that the book had run into a new edition. 

After Mr. Eames's discovery, my little bit of luck is pretty 
tame, though it did not seem so to me at the time. While 
my son Tom and I were driving through the outskirts of Nice 
I spied a bookshop. 

"Stop, Tom," I said. 

"Oh, hell, you can't ever get past a junk shop, can you?" he 
replied, filially. He was quite right, too. 

I asked the proprietor if he had any Americana. With a 
voluble flow of "Ow, or//," he bowed us into the shop and pro- 
duced three volumes. Two of them I have quite forgotten. 
The third was Pattie's Narrative with the 1831 title page. 

This was one of the times when the French did not think the 

[ 53 ] 



THE ADVENTURES OF A TREASURE HUNTER 

franc could possibly fall any lower I believe it was worth 
about three cents. Shrewd French dealers marked their mer- 
chandise in pounds; the Italians were using the Swiss francs. 
The price of three pounds for Pattie caused no difficulty, but 
the dealer spent nearly an hour desperately trying to trans- 
late that sum into francs so that I could give it to him. 

(Absolutely the only difference between the 1831 and 1833 
Patties, I might remark, is five hundred dollars.) 

Three or four decades ago there were five librarians and 
three private collectors vying with one another for items of 
American poetry. Ten-cent doggerel became worth five, ten 
dollars, almost anything you wanted to ask. One of the rival 
librarians, a customer of mine, had charge of a large public 
institution in western New York. His board of trustees was 
getting uneasy about the amount of money he spent for such 
poetry. He asked me to attend a meeting and back him up. 
One of the trustees held tinder my nose a splendid ten-cent 
book that I had sold to them for $7.50. "Now, Mr. Everitt, 
don't you believe that we might have got this elsewhere for 
twenty-five cents?" 

"How much do you pay your librarian?" I retorted. 

"Five thousand a year/' 

"Well, if you want to give him six months and an expense 
account, I am morally certain that he could find you a copy 
for ten cents. Any other questions?" 

The rarest piece of poetry I ever handled came to me 
through my invariable habit of never giving nor asking for a 
discount. I was wandering through Glasgow, looking for 
trouble, and passed a little shop with stamps and odds and 
ends in the window. I stopped in and asked my standard 
question, "Any Americana?" 

[ 54 ] 



AMERICANA WHAT AND SO WHAT? 

The proprietor, a delightful Scotsman named Harrison, 
said he had this and that. I poked through the lot, found three 
or four pounds' worth, and laid my money on the line. 

Harrison was so stunned by my not asking for a discount 
that he said, "Would you like me to keep an eye out for this 
sort of thing?" 

I said I would be delighted, and never gave him another 
thought. 

Two years later I wandered past his shop and turned in. 

Sure enough, be had saved me a couple of dozen things. 
One was Samuel Groome's Quaker tract, A Glass for the 
People of New England, 1676, that Henry Stevens catalogued 
at two hundred and fifty pounds. Harrison had this marked 
thirty shillings. 

I had hardly laid that in the "take" pile when I picked up 
a copy of Samuel Davies's Miscellaneous Poems, Williams- 
burg, Virginia, 1751. The bibliography of early American 
printed books by Charles Evans lists only the title from a 
newspaper advertisement, under 1752. This was the first 
time that an informed eye had ever looked on a copy. 

"I'm sorry," said Harrison apologetically, "but I shall have 
to ask you ten bob for that." 

"Oh, that's all right," I said. "Just put it in this pile here." 

Up to that time, Dr. Harry Lyman Koopman of Brown 
University's library had made a proud boast that he never 
turned down any item of American poetry lacking in his 
collection. So when I got home I sent a quotation of $300 to 
his successors. 

Dr. Koopman's successor replied, saying that they had 
adopted a new rule: no piece of poetry was worth more than 
$75. 

I was digesting this information, to which I am afraid I 

[ 55 ] 



THE ADVENTURES OF A TREASURE HUNTER 

never replied, when Dr. Clarence S. Brigham of the Amer- 
ican Antiquarian Society came in. I showed him my prize. 
"How much?" 

"Three hundred." 

'Til take it, but I don't know when 111 pay for it/' Pause. 
Tve got a better collection of American poetry than Koop- 
man has, anyhow." 

Some months later Dr. Brigham reported that he had found 
a second copy on the shelves of the Boston Public Library and 
a third at Princeton. It's the same old story: find one copy of 
an unknown item and the rest start coming out of hiding. 

While Adolph Stager and I were thriving on the American 
poetry boom, we accumulated a huge lot of duplicates. Fi- 
nally, in a frantic effort to find a new customer or two and 
clear our shelves, we put out a catalogue listing over three 
thousand items of American poetry. 

For three weeks there was not a sound. We began to won- 
der if our errand boy, like the famous colored maid, had 
mailed the catalogues in a receptacle plainly marked "De- 
posit Litter Here." 

And then came a copy of the catalogue with twelve hun- 
dred items checked, and a note from the Huntington Library: 
"We will take all of these if we may have a 15 per cent dis- 
count." 

The one inviolable rule on which Stager and I had done 
business was, as I have just mentioned, no discount to any- 
one. Our colleagues in the trade were allowed 10 per cent; 
everyone else paid the marked price. 

In this particular case rules sagged a little; it wasn't the 
principle of the thing, it was the money. 

I once put a note in one of my catalogues to the effect 
that I was not honest enough to give discounts. If I am 

[ 56 ] 



AMERICANA WHAT AND SO WHAT? 

cataloguing a $5 book, and know I shall have to give a dis- 
count (I wrote), I automatically list it at $7.50, so the dis- 
count buyer loses in the end. 

Probably everyone has tried to get a discount at some time 
in his life, but some people always try. In the course of years 
I got increasingly fed up with horse-collared gentry who 
would ask sanctimoniously for a clerical discount. Finally, when 
a clergyman asked for a clerical discount on three volumes off 
the three-for-a-quarter table, my patience gave way. 

"Hell, no," I exploded. "I wouldn't even take your check!" 

I have mentioned the Samuel Groome Quaker tract. Rather 
inappropriately, Quaker items are a terrific game of chance. 
Nine tenths of them are trash; the remnant are so scarce they 
make your hair stand on end. Or at least they seem so until 
you get into the swing of it. For instance, I had read the ad- 
vance proofs of the Stevens catalogue, showing a reproduc- 
tion of the Groome title page, That put me on the lookout, 
and I was ready to grab Harrison's copy. 

Then, very shortly afterward, an old lady came to my of- 
fice at Dauber & Pine's with a bundle of Quaker tracts. She 
said that the American Art Association had told her they were 
worthless, but that Everitt would give her five dollars for 
the lot. She said she would be very glad if I could do that. 

Nearly all her whole lot were among the hair-raising remnant 
of Quaker publications, and one was a Groome. I said no, I 
could not give her five dollars because they were worth much 
more than that, but I could give her forty-five. To cut a long 
story short, within two years of my seeing the Stevens cata- 
logue I turned up a total of seven copies of Groome, which 
I sold to various collectors for a good deal less than Stevens's 
price, but still at nice round figures. 

Then I found an eighth copy. The peculiarity of this one 

[ 57 ] 



THE ADVENTURES OF A TREASURE HUNTER 

was that it had an errata list, None of the others had any 
such list. 

I compared the mistakes with the copies I had sold and 
discovered that all the changes had been made, so that no 
errata list was necessary. Or, to put it crassly, all the copies 
sold up to then were second editions. 

Somehow or other, this first edition with errata list disap- 
peared, and I am morally certain it is not to be found in any 
collection I know of. 

If we leave out first editions of fiction, which are largely a 
matter of momentary whim among collectors, fashions in 
collecting Americana have a special peculiarity: for thirty 
or fifty or a hundred years you simply can't give away books 
on a subject; then a craze for that subject arises, and you sim- 
ply can't find the books. Fashions in Americana wear out, not, 
as most fashions do, because people get tired of the subject, but 
because a brisk demand for a very tiny supply pushes prices 
beyond what any ordinary buyer can pay. In my time, for 
instance, I have seen the craze for Washington material reach 
the sky and come tumbling down. I don't expect it to climb 
again, simply because there is too wide a variety available. 

At the height of the Washington fashion, there were at 
least twenty-five well-heeled collectors trying to get copies of 
all the engraved portraits ever published of Washington. The 
leader in the race was Hampton L. Carson of Philadelphia. 

One day an answer to one of my advertisements in a Nor- 
folk, Virginia, paper took me to a Negro hovel so filthy and 
rickety that for almost the only time in my life I was really 
scared. On the second floor were two or three hundred old 
schoolbooks. They were so covered with filth that I dreaded 
to touch them. I had to get out of the place somehow, so I 

[ 58 ] 



AMERICANA WHAT AND SO WHAT? 

hastily opened two or three volumes. In one of them was a 
small copper engraving of a portrait bust of Washington, signed 
by Wright. Holding my nose, I proffered a quarter for it as 
the quickest means of escape. My tender was accepted, and 
I slid the engraving into my breast pocket, where it was no 
larger than my wallet. 

A portrait engraver named Max Rosenthal was Mr. Carson's 
agent in buying Washington portraits. He dropped into my 
store one day, and all I could show him was my tiny copper- 
plate engraving. He made the inexcusable mistake of letting 
his eyes light up at the sight. He didn't like me, and I didn't 
like him, so instead of asking two dollars and settling for a 
dollar I said, "Max, that will cost you three hundred and fifty." 

I was stunned when he said. "I can only give you three hun- 
dred." 

*Tou bought it," said I. 

He was not far wrong, as things went then. In the Carson 
auction my print brought $450. 

A few weeks ago, in 1950, I declined with thanks an oppor- 
tunity to buy another copy for ten dollars. 

Washington is a case of oversupply. Some rarities are in 
very short supply, but in even shorter demand. 

Two things that every American autograph collector wants 
are a set of the signers of the Declaration of Independence 
and a set of the presidents on White House stationery. You 
can assemble a set of signers without too much trouble if you 
have the price. You can also get a set of the presidents 
except for William Henry Harrison, who died after one month 
in office. No amount of money that you are ever likely to see 
will tempt one of those Harrison autographs out of hiding. 

Two signers of the Declaration of Independence whom you 
will have to dig down for are Button Gwinnett and Thomas 

[ 59 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Lynch, Jr. Twenty years ago there was a flurry of publicity 
about the fabulous value of Gwinnett signatures, and Dr. 
Rosenbach bought one for $38,000. I am inclined to think 
he also had another one in stock. Later Henry Stevens, III, 
brought me a schoolbook containing an unquestionably gen- 
uine Gwinnett autograph. (I think the main reason Gwin- 
nett's autographs are so scarce is that he never got much be- 
yond the elementary schoolbook level as a penman. No letter 
of his has ever been discovered.) "Charlie," said Stevens, 
"maybe we can both make some money. I see Rosy just paid 
thirty-eight thousand for one of these." 

I took the book to Mitchell Kennerley, the head of the An- 
derson Galleries. "This is beautiful," he told me, "but it's no 
use. I can't put this in a sale unless Dr. Rosenbach says it's 
authentic." 

Although both of us thought he'd be willing to do it, we 
didn't quite have the nerve to ask for authentication from a 
man who already owned two high-priced copies. The best 
authentication in my mind was the fact that Stevens had paid 
a shilling for the book not enough money to justify much 
trouble in forging it. 

I had to send the book back to London. 

While I was working for Dauber & Pine, a man dressed like 
a laborer offered me a contemporary almanac with the name 
Button Gwinnett written on it. It didn't look at all like the one 
on Henry Stevens's book, so I said no thank you. 

A day or two later came a telephone call from Frank Ben- 
der, a Fourth Avenue dealer. "Charlie, I've hit the jackpot. 
I just gave a guy two dollars for an almanac with the sig- 
natures of Button Gwinnett and Thomas Lynch on the front." 

"Frank," I said, "the last time I saw it, it was only worth 
half as much; it didn't have the signature of Lynch on it yet/ 1 

[ 60 ] 



PART II 

The Consumers 



1 . JVho Buys Americana? 

You MAY be a trifle startled to know that I am not much in- 
terested in collectors. I have known fewer than a dozen real 
ones in my sixty years of hunting rare Americana. Most of 
the people who smirk bashfully and admit they are collectors 
are really speculators. 

Take two good examples of thirty or forty years ago. Jacob 
Chester Chamberlain was the outstanding collector of Amer- 
ican first editions of his day. Mr. Chamberlain was a true 
collector: he cared only for books, not at all for their value 
in dollars. I once sold him a copy of Hawthorne's first book, 
Fanshawe, although he already had two good copies. Mine 
was an eighth of an inch taller than either, and this point 
made the book worth buying to Mr. Chamberlain, without 
much regard to the price. 

Mr. Chamberlain never questioned a bookseller's price, and 
at least in my own experience he never passed up a book he 
wanted because of the tag on it. Once in a while he might say 
to me, Tm a bit overbought. Do you mind if I take sixty 
days to pay you?" 

[ 61 ] 



THE ADVENTURES OF A TREASURE HUNTER 

One of many happy experiences I had with Mr. Chamberlain 
involved the famous Troutbeck House near Amenia, New 
York, which once belonged to Marvin Benton. Benton was 
an intimate friend of the great New England authors, par- 
ticularly Thoreau and Emerson. After his death, his heir, his 
brother Joel, took me up to look over the library. 

What I found was several hundred volumes of our greatest 
midnineteenth-century authors, with long, intimate presenta- 
tion inscriptions to Mr. Benton. 

My usual attitude toward inscribed copies is best shown 
by the way I catalogued an autographed copy of George W. 
Childs's Recollections. I listed it at $1.50, with the note: "I 
make a standing offer of $2.50 for any copy of this book not 
inscribed by the author." Benton's books were something else: 
the inscriptions gave them a life of their own beyond what 
was on the printed page. I wanted Mr. Chamberlain to have 
those volumes. 

Jolting up to Amenia on the Harlem Railroad, I had taken 
the precaution of consulting my bank book, which showed 
a balance of $375. I cannot say it was without a qualm that 
I offered Mr. Joel Benton $3750 that afternoon for his brother's 
books. He promptly accepted, and there I was. 

I asked for the use of his telephone and got hold of Mr. 
Chamberlain. I told him rny fix, told him he had to have 
some of the books, and asked what I was to do next. 

"Write him a check," said Mr. Chamberlain, "and 111 cover 
it at your bank in the morning/* 

When Mr. Chamberlain and I came to settle accounts, I 
offered him his choice, at his own price, among the 2200 odd 
volumes I had brought back from Amenia. 

He picked out seventy-one and said, "There. I'm satisfied if 
you are." I feel perfectly certain that the last thing in the 

r 62 ] 



THE CONSUMERS 

world he knew or cared about was the fact that fifty of those 
volumes were one day to bring just over four thousand dol- 
lars at auction. 

I had fun buying the copy of Fanshawe that I sold to Mr. 
Chamberlain. My wife and I both come from Orange County, 
New York, and old Judge Beattie once laid down a ruling that 
no book could be sold in Orange County until I had passed 
on it. The Judge tipped me off to a household auction that 
was being held at Monroe, New York. The auction bill read: 
SALE RAIN OR SHINE. I did not know whether this covered the 
blizzard that was going on that morning, but I took a chance. 
Very few other buyers were as grave as I, and none of these 
showed any interest in the books except one man, Pliny 
Earle, the millionaire painter. He had a large mansion on 
the mountain near Monroe. 

When the auctioneer got around to the book, he held up 
two plump volumes and said, as country auctioneers always 
do, "Here we have some real old books, maybe first editions, 
printed way back in the ISOO's." Mr. Earle's eyes brightened. 

I don't know whether mine did; they were bright enough 
already to see that the books were a set of an American edi- 
tion of Josephus, which any self-respecting bookseller would 
be ashamed to expose on his ten-cent table. 

I dropped out of the bidding in time so that Mr. Earle 
did not have to pay over fifteen dollars for the set. 

The auctioneer began to think there must be something to 
this book business, and he proudly displayed a set of Rollin's 
Ancient History, which is normally worth almost as much as 
a fair Josephus. The difference was reflected in the price at 
which I relinquished the Rollin to Mr. Earle $2.50. 

Like most millionaires, Mr. Earle was careful of his money, 

[ 63 ] 



THE ADVENTURES OF A TREASURE HUNTER 

and he came over for a word with me. "It strikes me books 
are selling pretty high today," he said. 

"If you'll go over in that corner and sit down and shut up," 
I told him, "111 make you a present of every goddamned book 
in the house except one." 

The auctioneer now found books a drug on the market. 
Nobody would bid on individual items, so he finally had to 
put up the remaining 340 volumes as a lot. He started calling 
for a fifty-dollar bid. Silence. Forty. Silence. Thirty. Silence. 

When he got down to five, I yelled, "I'll give you tliree-fifty!" 

"Sold," said the auctioneer, banging his hammer. 

I fished my one book, the copy of Fanshawe, out of the 
pile, then paid my bill and handed the receipt to Mr. Earle. 
This left the trucking bill on him. 

While I was killing time waiting for my train, the auction- 
eer put up a large and very beautiful silver luster cake dish. 
"This is not solid silver," he explained conscientiously; "this 
is plated ware." He swallowed when I opened with a five- 
dollar bid. I think he was too surprised even to swallow when 
Mr. Earle finally carried the dish off for $125. 

A little later all the family flat silver was put up, and this 
time my opening bid of five dollars was successful. I went 
trudging down to the depot, walking lopsided, with Fanshawe 
in my right coat pocket and some seventy-five pounds of solid 
silver in an old telescopic bag in my left hand. 

Mr. Chamberlain got the Fanshawe for $750, and Mr. 
Gorham got the silver for $350. 

Among collectors at the opposite pole from Mr. Chamber- 
lain was William Harris Arnold, whose eminence among col- 
lectors of English first editions equaled that of Mr. Cham- 
berlain among American books. Mr. Arnold never paid me 

[ 64 ] 



THE CONSUMERS 

$100 for a book without first asking himself if he could get 
$200 for it ten years later, and very seldom without asking 
me if I couldn't let it go for $75. In fact, he seemed more 
interested in discounts than in books. 

Mr. Arnold was unique in that he issued a very fancily 
printed volume showing the price he paid for each item 
in his collection, set against the price it brought when he 
ended his collecting career with an auction. So far as I could 
see, the underlying purpose, conscious or unconscious, of this 
listing was to show how much cleverer Mr. Arnold was than 
the dealers in rare books who had supplied him. 

Actually the list was somewhat misleading because it took 
no account of overhead or selling cost. Mr. Arnold should 
really have known better than this: by profession he was the 
buyer for H. B. Claflin, the largest book wholesaler America 
has ever known. 

Mr. Arnold's figures say one thing, but my calculations seem 
to show another, which is that, all things considered, he just 
about got his money back. He certainly did not make any 
fancy profit. 

In fact, my favorite axiom is that any rare bookseller will 
happily pay for a taxi to bring a speculator into his store. 

The late A. Edward Newton is justly famous for his The 
Amenities of Book Collecting, the most charming volume ever 
written on this subject. Nevertheless he was a prince among 
speculators. In a later volume he tried to talk about rare- 
book prices, and his misinformation cost the collectors among 
his devout following many hundreds of thousands of dollars. 

His nisinformation was due sometimes to what Dr. John- 
son called "Ignorance, madam, pure ignorance," and some- 
times to obstinacy. In one of his books he casually remarked 
that a first edition of Huckleberry Finn in blue cloth was 

[ 65 ] 



THE ADVENTURES OF A TREASURE HUNTER 

worth many times as much as one in green cloth. This I pre- 
sume was ignorance. 

Shortly afterward I showed him a canvasser's prospectus 
from the American Publishing Company of Hartford, dated 
1884, which said that the forthcoming Huckleberry Finn was 
to be issued in green cloth but that it would also be available 
in blue for purchasers wishing copies uniform with Tom 
Sawyer. Mr. Newton never revised his original statement that 
the blue had priority. 

Although I am quite conscious of being an old crank, I must 
remark that I am not wholly alone in my strictures on Mr. 
Newton. Among the most famous bibliographers of early 
medioal books were Mr. and Mrs. Leroy Crummer. Take a 
look some time at A Catalogue of Mss. and Medical Books 
Printed before 1640, Omaha, 1927. Mrs. Crummer was known 
and loved by everyone in the old-book world. 

Scene: E. Joseph's in London at 10:30 A.M.; Sam Joseph 
at desk. Enter Mrs. Crummer: "Sam, I just must have a drink. 
I spent about the most horrible evening of my life last night." 

C.P.E. (butting in) : "You must have been out to dinner with 
A. Edward Newton." 

Mrs. Crummer: "How did you guess? Even worse, Gabriel 
Wells was there. What a hellish three hours! Nothing but 1 
bought a copy of this for so much: it's worth so much/" 

The final sale of Mr. Newton's collection was an example of 
what usually happens to speculators. Mr. Newton himself ex- 
pressed the opinion that his collection would bring over a 
million. A professional appraiser put the figure at $750,000. 
I, being completely ignorant of the kind of books Mr. Newton 
collected, had made a guess of $250,000. 

The sale, naturally, was the towering event of the auction 
season. I have heard that the catalogues and publicity cost 

[ 66 ] 



THE CONSUMERS 

$50,000. Booksellers and Mr. Newton's admirers on both sides 
of the Atlantic talked of little else for weeks beforehand. 

When the auctioneer's hammer fell on the last lot, the total 
take was around $300,000. This might have been bigger if 
the auction cataloguer had not withdrawn several of Mr. 
Newton's most famous items, which were discovered not to 
be what Mr. Newton assumed they were. 

As it was, the devout Newtonians, who made what prices 
there were, would probably discover, upon trying to resell 
their treasures, that they would not fetch a fifth of what they 
had brought at the Newton sale. This is one more proof that 
speculators get stuck in the long run. I hope most of the buy- 
ers at the Newton sale (who were, incidentally very largely 
unknown to the booksellers) were like the Midwestern man 
who wired me to place bids of thirty dollars each on some 
volumes of Conrad. I went down to the exhibition, and then 
telephoned to my client that he would be ashamed to have 
such bad copies on his shelves. "Hell/' he said, "I don't want 
the books; I want the bookplates." 

Sometimes, though, speculators are right. Some years ago 
one of them was in my store and told me he was considering 
buying a first edition of Cooper's The Last of the Mohicans 
in Boston for two hundred dollars. 

"Joe," I said, "don't be a damn fool. I'll get you one for less 
than a hundred." 

"Charlie, you're always bluffing," was his reply to my kind 
offer. He then left for his office. 

Within three hours a scout friend of mine marched in with 
the most beautiful set that has ever been seen to this day. 
The paper labels looked as if they had just come from the 
bindery. 

"Twelve-fifty," said the scout, timidly. 

[ 67 ] 



THE ADVENTURES OF A TREASURE HUNTER 

I pursued my speculator by telephone, and he hurried back 
to the store. His eyes bulged. 

"To you, thirty-seven-fifty," I said. 

A few months later, in a moment of financial stress, my 
friend decided to realize on his American first editions. When 
I saw my Last of the Mohicans sell for $3250, I began to wish 
I had not been so sensitive about being called a bluffer. 

I put out my first catalogue in October, 1898. My first two 
customers, no relation to each other, were Paul Leicester 
Ford and James Ford of the United States Rubber Company. 

Paul Ford came from a wealthy family of book collectors 
and bibliographers; his father had probably the finest library 
in Brooklyn at the time. Paul was a hunchback, a famous 
popular novelist, author of Janice Meredith and other best 
sellers. For all his money and background, he was undoubtedly 
the meanest buyer I have ever contended with. Apparently 
Paul inherited this trait from his father, because my friend 
Alexander Thompson, who was studying law on nothing a 
year, once went there for dinner. Mr. Ford, Sr., said very earn- 
estly, "Alec, come over and use the library any time you want." 
Slight pause. "Of course Paul will expect a little something 
for showing you around." 

James Ford, on the other hand, valued his time more than 
his money. His first visit to me was for the purpose of inspect- 
ing a copy of the first report of the Delaware, Lackawanna 
and Western Railroad, priced at fifteen dollars. "Don't you 
think I might buy this somewhere else for less?" he asked me. 

"I imagine so," I said. "I paid a quarter for it." 

"But don't you think maybe Fd save time by giving you the 
fifteen?" he asked with a twinkle. 

When Marshall Saville and Dr. Frederick Hodge were leav- 

[ 68 ] 



THE CONSUMERS 

ing the Museum of the American Indian (Heye Foundation), 
Mr. Heye asked me to set a price on their private libraries, 
for acquisition by the museum. I appraised the Saville library 
at $50,000 and the Hodge library at $25,000. 

When I told Mr. Heye the result, he said, "Now you go 
on down to Mr. Ford and get the money." 

He made an eleven o'clock appointment for me with Mr. 
Ford for the following day. As I was going out of the door, 
Heye called after me, "Don't get there at 11:01 or 10:59; get 
there at eleven." I stood around, watching the hands of my 
watch for a couple of minutes before I announced myself to 
Mr. Ford's secretary. 

"Mr. Ford," I greeted him, "George Heye wants seventy-five 
thousand to buy the Saville and Hodge collections." 

"Are they worth it?" 

"It was my appraisal." 

"Do you want a check or a bond?" Then he added, "You 
picked a good day to come. I made a little money yesterday. 
And I don't mean just two or three hundred thousand 
dollars." 

I have hardly ever known anyone who took such pleasure 
in giving away books. Mr. Ford was very generous to the 
library of the Museum of the American Indian, and the library 
of the Explorers' Club owed its existence almost entirely to 
him. He was the honorary president of the Explorers' Club, 
though his asthma prevented him from acting, and whenever 
anyone mentioned an important set of books that the library 
lacked, Mr. Ford would lean over to me and ask, "How 
much?" This was invariably followed by, "Get it, and send 
the bill to me." 

Once when I was the chairman of the Explorers' Club li- 
brary committee, someone mentioned a publication of the 

[ 69 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Champlain Society, Mr. Ford went through his usual routine, 
and I told him the set would cost $250 or $300. I found a set 
in London and bought it for $250, but when I got back, Mr. 
Ford was dead. We held a meeting of the department heads 
of the club, nine in all, George Heye presiding. "This is a 
beautiful set," Mr. Heye said, "but all we can do is to send it 
back, because we haven't any money/' 

"I'd be glad to get it at that price," I said. "But how about 
this: suppose each of us kicks in twenty-five dollars, and you 
put up fifty, then we'll be able to keep the set." 

They were all too shocked to say no. 

Certainly no more genial or generous collector than William 
F. Gable, of Altoona, Pennsylvania, has lived during the past 
half century. He was known to every dealer, every important 
collector, every professional book-hunting "scout." He bought 
thousands of volumes that he did not want simply because he 
thought the dealers needed the money. 

The last time I dined with him, at the old Belmont in New 
York, he told me that in a city like Altoona anyone who owned 
more than ten books was considered queer. A business ac- 
quaintance said to him at lunch, "Gable, I hear you have 
some nice books. Why don't you come over to dinner some 
evening and bring your books along? My wife is a great 
reader." 

"I wondered what his wife would do," Gable told me, "if 
I appeared with twenty-two thousand books." 

The auctioneer who catalogued and sold those books after 
Mr. Gable's death should have been drawn and quartered, 
preferably before he did the job. If any modern collector 
should happen on a priced catalogue from the Gable auction, 
I doubt whether he would buy another book. Hundreds upon 

[ 70 ] 



THE CONSUMERS 

hundreds of the association volumes Mr. Gable loved so 
much were sold to a dealer practically as wastepaper. 

One of my favorite customers and friends for many years 
was Reverend Thomas R. Slicer, the pastor of the Unitarian 
Church at 20th Street and Fourth Avenue. Its red and black 
brick gave it the name of the Beefsteak Church. (Incidentally, 
I have never forgotten the time when Mr. Slicer announced 
a sermon on the Virgin Birth. The congregation, naturally, 
were all agog. He had a splendid pulpit presence, and he 
rose and calmly gave a text, not from the Bible, but from 
Browning. Then he leaned confidentially toward his flock. 
"What difference does it make? That's all I have to say about 
the Virgin Birth.") 

I published a bibliography of Shelley, compiled by Mr. 
Slicer on the basis of the Harry B. Smith collection. He and 
I had an agreement that if any royalties came due, they 
were to be spent on a dinner at Dorian's. 

One banner year he earned $28. To spend such a huge 
amount, we had to invite two guests, both of them prominent 
members of Mr. Slicer's church. 

A few days before, Mr. Slicer had picked up in a bookstore 
run by a man named Hamilton, at 38th Street and Third 
Avenue, a first edition of Leaves of Grass, priced at one 
dollar. Our guests, being active churchmen, felt uncom- 
fortable about the ethics of this purchase. The book, even 
then, forty years ago, was worth around $350 (I have seen the 
time since when it would have brought $1500). 

"Oh," I said, "don't give it another thought. Hamilton prob- 
ably made ninety cents on the deal anyway." 

This led one of the guests to ask what percentage rare- 
book dealers usually work on. 

[ 71 ] 



THE ADVENTURES OF A TREASURE HUNTER 

"I don't know about the rest of them," Mr. Slicer put in, 
"but Charlie doesn't work on percentages; he just works on 
straight larceny/' 

Later Mr. Slicer's health failed, and I got an unhappy tele- 
phone call from Mrs. Slicer, who said they were going to have 
to sell the books. Mr. Slicer was sick in bed, and to keep the 
news from him, she wanted me to inspect the library, but not 
to give away my presence by smoking. 

I was familiar enough with Mr. Slicer's books so that it took 
me very little time to set a figure of five thousand as the 
amount they ought to bring. 

As I started to leave, the maid said, "If you can spare a 
minute, Mr. Slicer would like to see you." 

Up on the third floor of the brownstone house Mr. Slicer 
greeted me. "Well, Charlie, I've still got pretty good ears, I 
hear they want to sell my books. You'll find a good cigar on 
the mantel." 

We sat and swapped stories about books for a while, and 
then I departed. 

A few days later the name Slicer caught my eye on the 
obituary page of the paper. Mrs. Slicer had dropped dead. 
After that, Mr. Slicer moved to a hotel. As part of the moving, 
I got his books packed and shipped to the American Art 
Association for auctioning. 

Two or three months later Mr. Slicer's nurse called and said 
that he had lost his voice; he was sinking, and hoped I might 
be able to call. 

When I arrived in his hotel room, he drew me down within 
range of his voice. "I can't talk much any more, Charlie," 
he said, "so I thought I'd ask you to tell me a few stories. But 
first I want it to go on record that you are probably the worst 
appraiser that ever lived. You appraised my books at five 

[ 72 ] 



THE CONSUMERS 

thousand, and all they brought at auction was forty-nine 
hundred/' 
Three or four days later he was gone. 

Book collectors who have a tinge of speculation in the 
blood often think they would make good booksellers. Some- 
times they do. Ernest Wessen, of the Midland Rare Book 
Company, started as a collector, and is now one of the great 
dealers in this country. His catalogues over the last ten years 
have been without exception the most interesting ones issued 
in America. Probably there are not a dozen complete files 
of his catalogues in existence, one of them mine. If Mr. 
Wessen ever issues an index, it will be by far the best bibli- 
ography ever printed on the Midwest. 

Seymour Dunbar was an ink-slinger from way back; he 
loved books, wrote several, including the unique History of 
Travel in America , and made various collections to help in 
his writing. When my lifelong friend Edward Eberstadt set 
up in the business of dealing in Western Americana, he put 
a sign on his door: SEYMOUR DUNBAR, BUYER. Dunbar was 
also the cataloguer for the concern. 

In one of Eberstadt's first catalogues, Dunbar devoted a 
page of glowing description to John Gilmary Shea's History 
of the Catholic Church in America. He put on a $65 price. 

I called up to jeer at Ed Eberstadt because the set was in 
print for ten dollars. 

A week later he called back to jeer at me because he had 
seven orders at $65 each. 

(This proves that there are always at least seven librarians 
who do not look up the U.S. Catalogue before they place an 
order. ) 

Dunbar's first big killing as a buyer was of himself. A 

[ 73 ] 



THE ADVENTURES OF A TREASURE HUNTER 

storage warehouse called up, and Dun went over. In the 
middle of the evening he came back and reported to Eber- 
stadt that they had just made a fortune. 

"How did we do it?" asked Eberstadt. 

"Well, it was pretty dark in the warehouse, and I couldn't 
see much, but there were at least five hundred big volumes, 
and I got the man to take five hundred for the lot," he said. 

Eberstadt went over in daylight to look at the books and 
meet the owner. The unkindly sun revealed a display of Turner 
Art Gallery, German Art, Encyclopaedia Britannica, ninth edi- 
tion, and similar gems. Eberstadt shuddered as he said he 
didn't want the books. 

"But Mr. Dunbar is your buyer," the owner insisted, "and 
he offered me five hundred." 

"I'm a good fellow," said Eberstadt. "I'll give you a hundred 
if I don't have to take the books." 

"Five hundred," the owner persisted. 

"Two hundred, and you keep the books," said Eberstadt. 

"Five hundred." 

"Three hundred, and no removals," said Eberstadt. 

"Five hundred." 

"Four hundred, and you keep them." 

"Five hundred." 

"All right, damn it, five hundred, but I positively will not 
take the books." 

When Seymour Dunbar went to the office the next morning, 
the sign read: EDWARD EBERSTADT, RARE WESTERN BOOKS. 

On two occasions customers of mine have bitten off more 
than they could chew; one of them fought on to the bitter 
end, the other cried quits. 

Shortly after the Lincoln automobile came on the market, 

[ 74 ] 



THE CONSUMERS 

I had a letter from Henry M. Leland, its manufacturer, 
simply saying, "Send me a copy of every book that mentions 
Abraham Lincoln." 

I wrote back, cautious as always, that there was a consider- 
able number of such books, and did he really want them all? 

He sent back my letter with a message scrawled across the 
face: "Can't you read English?" 

In the course of the next three weeks I sent him thirteen 
cases of books. Check by return mail. 

During the next six months I sent six more cases. All checks 
by return mail. 

A few months after that, I sent him a shipment amounting 
to $1082. 

A day or two later I read in the paper that the Lincoln 
Motor Car Company had folded and that Henry Ford had 
got hold of it. 

Well, I thought, I made enough on the other nineteen 
cases to cover this lot. 

The very next morning brought an envelope with Mr. Le- 
land's personal check for $1082. 

(It was just about this time that Mrs. Henry Ford's secre- 
tary wrote to ask if I could supply a copy of a scarce seven- 
teenth-century French cook book. I spent some twenty dollars 
advertising for it in the London and Paris trade journals, and 
at long last got a quotation from Paris at fifty. Wanting to make 
a good impression on such a prized prospective customer, I 
wrote to say that Mrs. Ford could have the book for seventy- 
five. After a delay the secretary replied that Mrs. Ford won- 
dered whether I could not get the book photostated for less 
money. ) 

My other overenterprising customer was Ambassador Wal- 
ter Hincs Page, then a partner in the book publishing firm 

[ 75 ] 



THE ADVENTURES OF A TREASURE HUNTER 

of Doubleday and McClure. Mr. Page's order to me read: "We 
propose to publish the finest encyclopedia ever compiled. 
Please send me two sets of every edition of every encyclopedia 
ever published in any language, for the use of our editorial 
department." 

I called him up. "Mr. Page, you know you're ordering quite 
a lot of encyclopedias." 

His reply was apparently the conventional one for such 
occasions: "Can't you read English?" 

In the first six months I sent him three tons of encyclopedias. 
The next six months yielded only two more tons. I was just 
contemplating further tonnage when my phone rang: "This 
is Walter Page. Stop!" If I had not been so rudely interrupted 
in my shipment, Mr. Page might ultimately have assembled 
enough encyclopedias to finish his task; but as it was, the 
Doubleday and McClure encyclopedia never appeared. 

Despite the rarity of certain Williamsbtirg imprints and 
despite the fine English collections of persons like William 
Byrd, of Westover, and George Washington, southeastern 
books are pretty slim pickings, and Southern collectors are 
even scarcer than the books. In the city of Lynchburg, Vir- 
ginia, for instance, the only book collector I ever heard of 
was the cashier of a local bank. He thought, perhaps cor- 
rectly but anyhow illegally, that his need was greater than 
the bank's, whereupon the bank got a chattel mortgage for 
several thousand dollars on his library and threw him in 
jail. 

Senator Carter Glass's secretary, Mrs. Martha Adams, with 
whom I had a good deal of correspondence, wrote to me about 
this, and I came down for a look at the library. 

The bank directors finally decided to accept my offer of 

[ 76 ] 



THE CONSUMERS 

20 per cent of the chattel mortgage, which, I may add, was a 
damn good price. 

During this stay in Lynchburg I had my first meeting with 
Senator Glass, one of the few great statesmen who have been 
in the United States Senate within my lifetime. On my next- 
to-last day in Lynchburg, Mrs. Adams took me over to see 
two decayed Southern gentlewomen who had some books. 
As we were driving over, she said, "You've simply got to 
spend ten dollars because I'm sure these poor things haven't 
eaten in three days." 

I promptly pounced on three items from the near end of 
a shelf, peeled off a sawbuck, and made good my escape. 

On the way to the railroad station, I heaved the books into 
a convenient vacant lot. 

Before long I had a quavery letter from one of the indigent 
gentlewomen, saying they had been unable to sleep, and 
could I please let them have the books back, as they had be- 
longed to Father. 

I was constrained to write a letter of explanation, in which 
I pointed out that on my high-pressure buying trips I would 
come back with many thousands of volumes, and it might be 
months before I could uncover the ones they wanted. I have 
sometimes wondered what a truly ethical bookseller would 
have done in my situation. 

Lynchburg had only one collector, and he was in jail. Ro 
anoke had three: Jack Hancock; Ed Stone, the state printer; 
and Julius B. Fishburn of the local newspaper. 

On my frequent trips to stay with Hancock, I got to know 
the other two as well. Ed Stone, naturally enough, was inter- 
ested in examples of the work of famous printers. He did not 
care particularly whether he had the entire book; a couple 
of pages would do. 

[ 77 ] 



THE ADVENTURES OF A TREASURE HUNTER 

About this time there was a great flutter over a character 
named Dr. Otto Vollbehr, a German who was willing, as a 
charitable enterprise, to sell his collection of incunabula to the 
United States Government for a million dollars. As a matter of 
fact, Vollbehr had peddled his collection all over hell; nobody 
in New York, Philadelphia, Boston, or Chicago, dealers, collec- 
tors, or librarians, would give him his minimum figure of 
$250,000. 

Then a tidal wave of publicity somehow got into motion, 
all about this fabulous collection and the unique opportunity 
for the United States to acquire it, how generous it was of 
the kind Dr. Vollbehr, and so on and so on. As a result, when 
someone introduced a bill to buy the Vollbehr collection for 
$750,000, it passed practically without a dissenting voice; 
any senator or congressman who voted against it felt himself 
a boor and an ignoramus. 

About this time I was in Lynchburg, and my old friend Mrs. 
Adams told me the Senator was at liberty in his office at the 
newspaper if I would like to see him. By way of making con- 
versation, he said, "Everitt, you may be interested to know 
that I was instrumental in getting the Vollbehr Collection for 
the Library of Congress." 

"I'm always interested in anything you do, Senator," I said. 
"Tell me this: who split the five hundred thousand?" 

Senator Glass blushed slightly, then said, "Tell me about 
it" 

"Well, Senator, it seems to me that when something is of- 
fered at two hundred fifty thousand for two years with no 
takers, and then the Library of Congress suddenly decides to 
pay seven hundred and fifty thousand, somebody should 
be entitled to a commission." 

He grinned. "I bet you know who got me into it." 

[ 78 ] 



THE CONSUMERS 

"Sure," I said. "Ed Stone, who thinks any book two hun- 
dred years old is worth two hundred dollars." 

One day an extremely dapper gentleman came into my 34th 
Street store and asked if I had anything on Louisiana. I said 
I had a few things, and produced them. 

He looked them over. "What's the discount?" 

"Sorry," I said. "That word isn't in my dictionary." 

He looked rather taken aback, and finally handed me a busi- 
ness card: Sidney Swartz, president, Maison Blanche, Canal 
Street, New Orleans. 

We parted on good terms, without doing any business. 

In a day or two he came down from the Ambassador 
Hotel. "What became of those Louisiana books you showed 
me?" 

"Here they are." 

He wrote out a check, then handed me a cylindrical package. 

"What's this, Mr. Swartz?" 

"Well, you're the only bookseller in New York that doesn't 
give me a discount, and I'm beginning to suspect your books 
are worth what you say they are. So I thought I'd give you the 
best umbrella I could find. If you're ever in New Orleans, drop 
in; we'll do some business." 

A year or so after this I got tired of my quiet life and took a 
boat for the Gulf. At New Orleans one of my first calls was 
at the Maison Blanche. On the third floor I found a huge 
bronze gate, guarded by a secretary. 

"Could I see Mr. Swartz?" I asked. 

"Have you an appointment?" 

"Sorry, no." 

"Well, in that case it will take about three days to see 
Mr. Swartz/' 

[ 79 ] 



THE ADVENTURES OF A TREASURE HUNTER 

"Are you Miss Delaney?" I inquired, forewarned by Swartz's 
stories. 

"Well, yes, since you ask. Might I ask your name?" 

Tm Charlie Everitt." 

"Hell, why didn't you say so? Walk right in." 

In I walked, to find Swartz, a Catholic priest, and a reporter 
seated at a desk bearing five assorted bottles of whisky. Swartz 
glanced up quickly. "Say, you fellows, get the hell out. I want 
to talk to Charlie." 

After a certain amount of book chat, Swartz said, 'Tm going 
to take you down to Cusack's house. He's a fur dealer. He 
used to be president of the Louisiana Historical Society, only 
he had a fight with them." 

Cusack's house proved to be a residence of some forty rooms, 
none of which bore any traces of a duster within living mem- 
ory. The visit was passed entirely in civilities. As we were 
leaving, Mr. Cusack said, "Mr. Everitt, Tm thinking of selling 
my library. Could you get down here at eight tomorrow morn- 
ing?" 

The next morning he came straight to the point. "I don't 
like Swartz, and I don't like any American bookseller. Every 
soul in Louisiana has double-crossed me at one time or an- 
other. What I want to do now is this. You can take any book 
out of my library that you please, and tell me what you'll pay 
for it. Ill write the figure on a sheet of paper. Then we'll 
see." 

After two days of this he had some forty sheets closely cov- 
ered with figures. He tried to strike a total; I was no help 
because addition is one art that I have never learned. Finally 
he called his sons, and they tried. 

"Well," said Mr. Cusack, "let's take an average of these four 
different totals." The result of this calculation was $5247. 

[ 80 ] 



THE CONSUMERS 

Then the boys took me outside to look for shipping containers. 

The chief thing I discovered in this search was a decrepit 
old shed, one collapsing corner of which was propped up by 
a flat leather-backed volume marked "Music." 

I got one of the boys to hold up that corner of the shed 
while I removed the book. The shed then fell down in a cloud 
of dust. 

"Mr. Cusack," I said, "you can add one hundred dollars to 
the total for this/' 

He said, "If I'm fool enough to prop up a shed with hun- 
dred-dollar books, I can't make you pay for them. It's yours." 

The "Music" consisted of 181 pieces of Confederate sheet 
music, and Mr. Wallace Cathcart of the Western Reserve His- 
torical Society library was delighted at the chance to pay me 
$250 for it. 

I was studying a catalogue from Francis Edwards of Lon- 
don one day when a man came into the store and wanted a 
first edition of Arthur Young's Travels in France. This, of 
course, is the book that did more than any other one thing to 
develop and improve European agriculture. 

I said I had no set but suggested that he buy this one from 
London out of Francis Edwards's catalogue. 

The inquirer asked permission to use my telephone. As it was 
right at my elbow, I could not help overhearing. 

He said, "Please phone the London office and have them 
send a man over to this address with ten pounds and get this 
set of books. Then call me back here." 

Thirty-five minutes later my telephone rang, to report that 
the complete writings of Arthur Young were in my new ac- 
quaintance's London office. 

"What do I owe you?" he asked. 

[ 81 ] 



THE ADVENTURES OF A TREASURE HUNTER 

"Oh, what are you talking about? Who are you, anyway?" 

He gave me his card: Orlando Webber. Later, after he be- 
came a steady customer, I discovered that he had probably the 
finest collection in the country on economics, and certainly the 
best lot of American Colonial pamphlets. 

Mr. Webber would take a fancy to certain titles, such as 
J. S. Gibbons's The Banks of New York, a good fifty-cent book, 
and would buy every copy he could lay hands on to give away 
to his friends. During his lifetime he ran the price of Gibbons 
up to five dollars. (It is back now to $1.50.) 

Another of his favorites was Colwell's Ways and Means of 
Payment. When he started buying the book, it was fairly com- 
mon, but as a result of his campaign I have not seen one in the 
past ten years. 

I was very fond of Dan Beard, for many, many years the 
chief scout executive of the Boy Scouts of America. He could 
eat more mince pie and throw a tomahawk better than any- 
one I ever heard of, and he also did more for the kids of 
America than anyone I have ever known. Although perhaps 
they did not realize it, the kids showed their gratitude, be- 
cause his Boy's Handbook supported him all his life. It still 
sells in large quantities. 

Once when he was living in Flushing, Long Island, I went 
over to see him. Mrs. Beard had just bought a large light-blue 
English platter. She was quite boastful about it. 

I said, "Mrs. Beard, do you know the difference between 
the light-blue and dark-blue English platters?" 

"No," she said. 

"Well, you do know that the English lords and ladies used 
to eat at the same table with their servants." 

"Yes, I had heard about that." 

[ 82 ] 



THE CONSUMERS 

"Well, to make sure they never mixed up the plates, they 
had dark blue for themselves, and light blue for the servants." 

Dan Beard told me later that he never saw that light-blue 
platter again. 

Everyone remembers Dan Beard as the grand old man of 
scouting. Not so many remember that he began life as an 
illustrator. One of his most important commissions was the 
job of illustrating Mark Twain's A Connecticut Yankee in King 
Arthur's Court. 

I once had a copy of the book in which Dan Beard had 
marked the names of the originals of all the drawings. The 
only ones I remember are Merlin, who was drawn from Alfred, 
Lord Tennyson, and the pig, who was drawn from Queen 
Victoria. 

Not long before his death, Mr. Beard called me over to 
appraise his books arid pictures. He had a very fine collection 
of costume prints, a splendid lot of autographs, a lot of 
standard books relating to American Indians and the West, 
and many sets of his own drawings. In the case of the Mark 
Twain illustrations, there was usually a letter from the author 
attached, in most cases heartily approving the drawing but 
sometimes suggesting a slight change. 

Mr. Beard told me he intended to give the costume prints 
to Cooper Union and the autographs and original drawings to 
his club in New York, and he wanted to sell the books. He 
repeated this conversation at dinner in the presence of his 
wife and daughter, adding that I was to have the disposal of 
his literary property. 

His death was quickly followed by the announcement of an 
auction at the Kende Galleries. What became of his prints 
and autographs I never knew. When I inspected the stuff at 
the auction, I found that Gimbel Brothers' expert cataloguer 

[ 83 ] 



THE ADVENTURES OF A TREASURE HUNTER 

had offered the items in broken sets and miscellaneous bundles 
which, in my opinion, made it difficult for any reasonable 
buyer. The collection brought less than 20 per cent of my 
appraisal. 

This was just one of the many instances that have proved to 
me that both executors and widows regard any book collection 
with suspicion and contempt. 

I happened to spend one summer in Port Washington, Long 
Island, and by way of amusement I ran an ad for two months, 
announcing that I bought old books. Not a single reply came 
in. 

Five blocks from where I was, John C. Irving, Washington 
Irving's nephew, had lived. The descendants paid a Roslyn 
antique dealer seventy-five cents to remove the books. That 
same summer I paid him two thousand dollars for a small 
part of his haul. (Of course I doubled or tripled my money 
within the next two or three months the kind of cheap 
summer vacation I always try for. ) 

Speaking of Irving, his Astoria and TJie Rocky Mountains, 
which is now invariably reprinted under the title of Adven- 
tures of Captain Bonneville, are in high demand among col- 
lectors of Western material. The Rocky Mountains was pub- 
lished in 1837, which for some reason appears to have been 
a bad period in bookmaking. All the copies I had ever seen 
up to that time had been foxed, the maps had left marks on 
the facing pages, and there were numerous other printing 
flaws. I had concluded that it was just part of any copy of 
The Rocky Mountains to look as if it had come from the press 
of some woodshed amateur. 

Then I got a catalogue from my old friend Louis Cohen, 
owner of the Argosy Book Store. This catalogue listed a copy 
of The Rocky Mountains, and described it as "mint" In the 

[ 84 ] 



THE CONSUMERS 

rare-book trade that means it is practically just as it came 
out of the bindery. The Argosy Book Store was then about 
150 feet from my shop, so I went across the street, without 
waiting for the light, and inspected their copy of The Rocky 
Mountains. I found it exactly as described and promptly 
bought it. 

It was still lying on my desk when Donald McKay Frost, the 
great collector of Western Americana, and generally one of the 
greatest men I have ever known, came into the store. Naturally 
he picked up the book. 

"Everitt, that's almost as good as my copy/' he said. 

"Mr. Frost," I said, "you have a brief case with you. Put 
this copy in. If your copy is as good as this, you own two 
copies. If it isn't, send me a hundred and fifty dollars." 

Shortly afterward I got a letter and a package. The letter 
read: "Dear Everitt: Enclosed is my check for $150. If you 
can without loss allow me $25 for the enclosed duplicate copy 
against future purchases, I shall be quite delighted." 

Irving's Sketch Book, by the way, was originally issued in 
paper-covered parts. I have never heard of any amount of 
money that I believe would now bring forth a complete copy. 
His Knickerbocker's History of New York, folding plate and 
all, is something you can probably reach out your hand and 
take whenever you have a hundred dollars. But so far only one 
copy has ever been seen (it once belonged to my friend 
Luther Livingston of Dodd, Mead and Company) in the 
original boards, uncut, with paper labels. Money values mean 
nothing in talking about items like this. 

One of my favorite collectors and customers is Bruce Gotten, 
who lives in Baltimore and spends all his time collecting North 
Carolina material. His privately printed book, Housed on the 

[ 85 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Third Floor, is highly unusual in that it represents a collector 
talking about his own books instead of hiring some cataloguer 
to do it. 

In the book he tells about some of his disappointments. Here 
is a further setback to add to his list. At the start of World 
War II a French dealer sent some pamphlets over to the 
Parke-Bernet Galleries for auctioning. Since his address during 
the occupation was unknown, the items did not come up for 
sale until after the war. Among them was one pamphlet on 
North Carolina, the first and only discovered copy. 

Mr. Gotten telephoned to me from Baltimore to find out what 
the gallery's appraisal was. Their figure was $150. 

He told me to go to three hundred. I was nervous about it, 
called him back, and persuaded him to authorize five hundred. 

But unluckily the catalogue description mentioned the ship- 
ping of tobacco from North Carolina an item that probably 
covered one paragraph in the pamphlet. This was enough, 
though, and George Arents, the tobacco collector, wanting to 
fill out the collection he had given to the New York Public 
Library, sent in an unlimited bid. So I drove him to $500, and 
at $550 it was his. 

Another extremely scarce item that Mr. Gotten mentions in 
his book is "My earliest Eden ton imprint: Proceedings and 
Debates of the Convention of North Carolina, Convened at 
Hillsborough . . . 1787. Edenton, 1789. This convention, after 
rejecting the Constitution of the United States, adjourned with 
much ill-feeling and failed to provide for the publication of its 
proceedings. A small edition, however, was printed at the 
private expense of a few gentlemen, and the debates as pub- 
lished were reported by David Robertson of Petersburg, Vir- 
ginia. Shorthand reporting was novel and unprecedented in 
North Carolina assemblies at that time, and Mr. Robertson 

[ 86 ] 



THE CONSUMERS 

treated with no consideration, was forbidden the floor of the 
Convention, and had to be content with *a very inconvenient 
seat in the gallery/ " 

As for me, the only copy I ever owned was a perfect beauty, 
in original boards, uncut, for which I paid a scout a hundred 
dollars. 

Soon after I acquired it, William S. Mason, who later gave 
his collection to Yale, came in and asked the price of the book. 

"Seven hundred and fifty dollars," I said. 

"All right, send it over to MacDonald and have it bound 
in full red levant, gilt edges." 

"No, thanks. I can't do that to a book like that." 

"Why, isn't it my book?" 

"No, not yet; it's still mine." 

"I'll never buy another book from you," said Mason. And as a 
matter of fact, he never did. 

Among the other charms of Cotten's book is the fact that he 
gives what I consider to be the best excuse I've ever read for 
collecting books. 

Book collecting, whether an acquired taste or an ac- 
quired nuisance, is in either case acquired. It develops 
by degrees, and passes through numerous forms and 
phases, rather curious to look upon. 

At first you only want certain sorts and kinds of books 
and reject innumerable volumes that in after years you 
are violently seeking. You only by degrees overcome your 
own prejudices and dislikes and gradually find yourself 
including and exploring in ever larger fields. Then there 
is always, and for a long time, a struggle, when you real- 
ize that the disease has really gripped you; and numer- 
ous determinations are made to stop this thing entirely 
and not to permit yourself to be classed with those mildly 
deranged people who collect things. 

[ 87 ] 



THE ADVENTURES OF A TREASURE HUNTER 

There are collectors of buttons, tobacco tags, boxes, 
inkstands, clocks, corks, pins, paperweights, dog collars, 
and almost everything else on the face of the earth, and 
as a collector of North Carolina books I have been looked 
at with shocked amazement by these very same people 
and made to feel inferior. 

Notwithstanding, I have persevered and have insisted 
that book collecting is superior to all other forms of the 
disease, though I was shocked and had some misgivings 
one day upon being introduced to a man in New York 
who collected only books written by one-eyed men. 

Just in case I have whetted your appetite for a copy of 
Housed on the Third Floor, let me say that you won't find one; 
this is on its way to becoming rarer than any North Carolina 
item it lists. 

Harry Davenport, the actor who followed Frank Bacon in 
the title part of Lightning, married Phyllis Rankin, the most 
beautiful woman I ever saw. They were both enthusiastic col- 
lectors of books about Lincoln. 

One day I got a catalogue of a big auction sale in San 
Francisco, and Mrs. Davenport happened in. 

"Oh, my father is sick and I have to go to San Francisco. 
Wouldn't you like me to attend the sale for you?" 

I said that would be fine, and gave her a check for $250 to 
use as a deposit against what she might buy for me. 

About the time of the sale I read that Mrs. Davenport's 
father, McKee Rankin, had passed on. Soon after, I got a 
consignment of books from San Francisco, with a bill for 
several hundred dollars and no mention of any $250 deposit. 

Mrs. Davenport arrived soon afterward, very much upset. 
She said her father had been so ill that she had not been able 

[ 88 ] 



THE CONSUMERS 

to attend the sale, but instead had handed my bids and the 
check to a Mr. Delmas (famous as the lawyer for Harry 
Thaw). He had attended the sale, but had apparently decided 
that he needed the check worse than the auctioneer did. The 
$1500-a-week days of Lightning were long past, and Broadway 
was flat, but Mrs. Davenport said that of course she and Harry 
would scrape together the money somehow. 

I told her not to be foolish and said that the prices at the 
sale had been so preposterously low that I would not even 
need to charge the money off to profit and loss. 

Some time later I saw an obituary of Delmas the lawyer, 
which mentioned among other things that he had been an ac- 
tive spiritualist. So, for that matter, had McKee Rankin. 

Almost the next day Mrs. Davenport came to the store. 

"Here's an odd one," she said. "Two days ago I got this let- 

, 

ter. 

The letter read: "Last night I talked to your father, and he 
criticized me very severely for being unethical with you. I en- 
close a bank draft for $250." 

The spirits served me better on that occasion than on an- 
other, when I was in Buffalo. In the outskirts of the town 
lived a little character who used to accumulate books from 
heaven knows where and sell them off to booksellers, usually 
at a dollar or less apiece. He had a room full of Americana, 
and I used to look forward to going there as a child does to 
visiting a toy store. 

One evening I picked out an armful of fantastic bargains, 
and was getting ready to leave when one of the notorious 
Buffalo blizzards descended on us. When it really snows in 
Buffalo, nothing moves. My man said I had better stay the 
night. 

By way of passing the evening he and his wife got out two 

[ 89 ] 



THE ADVENTURES OF A TREASURE HUNTER 

school slates and produced spirit slate writings from about 
nine o'clock until midnight. I don't know whether the writing 
was real, and I don't want to know. I had more hair then 
than now, and every hair on my head stood upright. 

Finally, in desperation, I looked out of the window, noticed 
that the snow was not much more than thigh deep, and ob- 
served casually, "Oh, hell, the storm's all over; I might as well 
be getting on home." 

I footed it for about two and a half miles to the hotel, giving 
thanks every step of the way. 

Beyond the slightest doubt the one towering authority on the 
Maya civilization was a man named William Gates. My first 
introduction to him came when a short, seedy-looking individ- 
ual walked into the store. I was about to hand him fifty cents 
for a square meal when he asked if I had any books on Central 
America. 

His second remark was, "The only true scientist that ever 
lived was Madame Blavatsky." 

I said, "You must have just come from California." 

In spite of this, I found out within a few minutes that he 
knew more about Central America than any man I had ever 
met 

I sold him stuff occasionally with mixed pleasure, because 
he was always overbought and owed back bills to everybody. 

Finally he bought a farm in Virginia, but soon discovered 
that the only way he could feed his chickens was by selling 
the library he had spent thirty-five years accumulating. 

He sent the library to the American Art Association for 
cataloguing. They actually printed and distributed an elaborate 
catalogue, which I skimmed through, and I remember hoping 
the old man might get ten thousand dollars out of the sale. 

[ 90 ] 



THE CONSUMERS 

Before the day of the sale, however, the authorities at Tulane 
University in New Orleans, who considered themselves the 
proper repository for Central American material, became tre- 
mendously excited about the collection. Somebody persuaded 
the president of the United Fruit Company to hand over sixty 
thousand dollars, with which they bought the collection at 
private sale; they then hired Dr. Gates as librarian. 

Madame Blavatsky, however, proved too much for Tulane 
before very long, and Dr. Gates had to go back to Virginia. 

About this time one of my Explorers' Club friends was a man 
named Sidney Mackaye, who represented a Toronto insurance 
company in the West Indies and Central America. On his 
travels he amused himself by stopping at every crossroads sta- 
tionery store, looking for local books and pamphlets. He ac- 
cumulated several thousand very obscure items. Central Ameri- 
can publications are almost invariably ill-printed on very poor 
paper, which seems to attract no one but the insects. Further- 
more, printing arrived late in most parts of Central America, so 
that any local imprint before 1825 is likely to be very scarce 
indeed, and some as late as 1870 may well be unique. 

Finally, on the occasion of giving up his New York apart- 
ment, he decided to part with the collection. He asked if I 
could get him three thousand dollars for it. 

In my usual completely naive way, I thought Tulane Uni- 
versity was the proper repository for this collection, so I wrote 
a letter to the president, whose name my Freudian censor will 
not let me recall. 

He replied, in substance, that all booksellers were knaves 
and scoundrels and that he wanted no part of any Central 
American books. 

I have quite a collection of these letters, which have al- 
ways entertained me, and to this one I replied that I could 

[ 91 ] 



THE ADVENTURES OF A TREASURE HUNTER 

not blame him for his judgment of booksellers, but the fact 
remained that the Sidney Mackaye collection was available at 
three thousand dollars. "Furthermore/' I added, "if anyone who 
knows anything about such material will appraise the lot at 
less than $5000, 1 will make you a present of it with my compli- 
ments." 

A few days later a large, sleepy-looking man came in and 
said, rather as if his mouth were full of potatoes, "Here, here, 
what's the idea of making me come all the way up to New 
York on a wild-goose chase? I'm Francis Blom, the librarian 
from Tulane." 

"All right, Blom/' I said. "You know and I know the man 
who knows more about the value of Central American books 
than all the other people put together/' 

"I suppose you mean Marshal Saville, at the Museum of 
the American Indian/' he said. 

I called up Saville, and he and Blom inspected the Mackaye 
collection. Saville's appraisal was $5500. 

When Blom came back to the store, he telephoned to the 
president of Tulane, told him what the collection was, and 
got orders to have it packed and shipped at once. (Blom, in- 
cidentally, wrote by far the most popular book on the Mayas. ) 

The end of the transaction was a draft from New Orleans 
for three thousand dollars, with a fulsome letter of thanks. 

After his brush with Tulane, Dr. Gates went to Baltimore, 
where with the help of an angel he started the Mayan Society 
to publish Mayan texts and material. I served as his New York 
agent. Not one of the publications came anywhere near paying 
for its printing costs: I remember one Mayan grammar that we 
simply couldn't give away. By now, of course, his whole series 
are scarce as hen's teeth, and nearly always worth at least 
several times their publication price. 

[ 92 ] 



THE CONSUMERS 

The last time I saw Dr. Gates, I went up my steps on 59th 
Street one rainy morning and found him sitting there with- 
out an umbrella. 

"Why don't you take care of yourself, Bill?" I asked. 

"Oh, I'm all right, Charlie. Ill write your obituary," he 
said. But two days later his sister, Mrs. H. C. McComas of 
Baltimore, wired that he had died the day he got back to 
Baltimore. 

The newspapers, which of course had never heard of Gates 
while he was alive, discovered the morning after he was dead 
that he had been a great man, and ran column on column of 
obituary notices. 

Shortly his brother-in-law, Dr. McComas, wrote to ask what 
I would charge to appraise the library that Dr. Gates had re- 
served from the Tulane sale and accumulated in the interven- 
ing years. 

I wrote back that I would be glad to do it for my carfare 
and a steady supply of bourbon. 

E. R. Goodridge, the Mexico City bookseller who probably 
knows most in the world about Mexican and Central American 
books, was living in Baltimore at the time, and I took him along 
to lend me a hand. 

I knew that the McComases hoped to realize $80,000 out of 
the library. In one room were several shelves of seventeenth- 
century beauties that would knock your eyes out. For safety's 
sake I put Goodridge to collating these, and he discovered that 
there was not a perfect book among them. After all, a missing 
map or title page usually means very little to the student, who 
can find other maps and who knows what the book is anyway. 
For the collector, and hence for the bookseller, one missing 
leaf turns any rarity into wastepaper. 

In another room was the finest lot of bibliographies of Cen- 

[ 93 ] 



THE ADVENTURES OF A TREASURE HUNTER 

tral America in any private library anywhere. I would have 
given my right eye for the bibliographies. 

At the end of two days' work we sat down to supper with 
the McComases. I gave them my usual routine: "Do you want 
the truth, or are you looking for a fairy story?" 

They gave the stock reply: "The truth." 

"Well, I'm sorry to tell you, but you'll be doing extremely 
well if you get twelve thousand five hundred for the collec- 
tion." 

That was a bitter pill, but there was nothing I could do about 
it. 

I sat for some weeks and longed for the bibliographies; then 
Mrs. McComas wrote that a young expert from a Midwestern 
university, who could plainly have given pointers to Goodridge 
and me on Central American books, had bought the old books 
for seventeen thousand dollars. 

Next she wrote that Johns Hopkins was going to buy the 
bibliographies for $2500. I kissed them good-by, prematurely 
but rightly, as it turned out. 

Johns Hopkins couldn't raise the money. I found this out 
when my dear friend Dick Wormser came home in triumph 
with the lot. Some Baltimore acquaintance had remarked to 
him, "Why don't you look at the Gates bibliographies?" 

Dick can see as far through a brick wall as the next man, 
and he had them out of Baltimore that same afternoon by 
truck. 

At least I had the consolation that Dick Wormser got them; 
if anyone else had, I would have been tearing my few remain- 
ing hairs for months. 

Some fifteen years ago, while I was at Dauber & Pine's, the 
head of an auction gallery got a letter from a complete stranger, 

[ 94 ] 



THE CONSUMERS 

enclosing a four-page list of books wanted. Most of them were 
things abQut as easy tp find, on the average, as the Bay Psalm 
Book or a complete set of Caxton's imprints. The auctioneer, 
apparently thinking himself very witty, referred the man to 
Dauber & Pine. 

His name was Tracy McGregor, and I had never heard of 
him either. I wrote back that the books he wanted fell in a 
class of which one bookseller might think himself lucky to 
see two items in fifty years. But since I noticed that his list 
referred largely to the American Revolution, I quoted some 
of the choicer items on our shelves. 

He bought them all. 

As time went on, I quoted him good Revolutionary material 
whenever I found it. He was the only customer I ever had who 
would order 100 per cent of the items quoted. 

More surprising, he was the only customer I ever had who 
would buy more than one copy of the same item. 

When I finally met him, a six-footer with a small gray beard, 
I inquired about this peculiarity of his. He told me (which I 
already knew) that his great interest was the Revolution; he 
said there were ten libraries he was interested in, and when- 
ever one of them lacked any Revolutionary item, he would 
give it to them, regardless of cost. This meant that he would 
sometimes buy ten copies of the same book. 

I was just getting used to my good fortune in having such a 
customer when Dauber & Pine sent out a miscellaneous cata- 
logue containing seventy-one Stevenson items. McGregor wired 
for all seventy-one. 

The next time I saw him I asked about this; I could not see 
any connection between the Revolution and Stevenson. 

"Well, I was in this library, talking to the librarian, and a 
kid came in and asked for stuff about Stevenson. They had a 

[ 95 ] 



THE ADVENTURES OF A TREASURE HUNTER 

set of his works, and one biography, so I thought I might just 
as well send them along this other stuff." 

Of course it is an everyday matter for collectors to leave their 
collections and money to an institution; but when Tracy 
McGregor died, he was the only man I ever heard of who left 
a fund to continue the collections of not one but ten colleges. 

Rich and spectacular donors to libraries are very plentiful, 
as you may have gathered from my stories. The most generous 
library benefactor I ever knew had, I am sure, no more than 
ten thousand dollars a year at any time in his life. His name 
was Daniel Parish, and he certainly contributed more to the 
collections of the New York Historical Society than any other 
one man. Of course he got no thanks for it, and was trodden 
under foot by the librarian; but, nothing daunted, he attended 
every auction he could hear of, read every catalogue, and 
hardly ever let a bundle of pamphlets get by him. So far as 
I know, his sole occupation was buying for the Historical So- 
ciety at his own expense. The expense ran chiefly to time, be- 
cause he usually acquired the pamphlets for half a cent or a 
cent apiece. 

The Society showed its gratitude by throwing all of the 
bundles into the basement, where they rested unopened for 
decades. My friend Oscar Wegelin is only now, twenty years 
later, finishing the job of cataloguing. 

When my partner Stager discovered (and bought for fifty 
cents ) a copy of Williams's Narrative of a Tour to the Oregon 
Territory, Cincinnati, 1843, which a high authority had called 
"virtually unknown to scholars," there was a record of only 
one previous copy, which had been sold for six dollars at the 
old Stan V. Henkels galleries in Philadelphia. 

I went first to Wilberforce Eames. Here was one book that 
the New York Public Library lacked. Then Mr. Henkels was 

[ 96 ] 



THE CONSUMERS 

kind enough to tell me that his sale had been made to Daniel 
Parish. Mr. Eames spent most of his summer vacation rooting 
through the bundles in the cellar of the New York Historical 
Society, and there was Williams. 

How many similar rarities fell among Mr. Parish's loot, I do 
not know. Certainly a good many. 

When Mr. Parish died, the executors wrote that they had 
discovered he owed me $1150. They said the estate was a small 
one, and it would probably take them two years to settle my 
account. 

I wrote back that it would be a personal pleasure to me to 
write this amount off my books. 

They were old-fashioned New York businessmen, and their 
reply was the first of a series of checks for $47.92 which arrived 
like clockwork on the second day of every month until the 
account was balanced. 



2. The Librarians 

PERHAPS it is ungrateful of me, since libraries are by far the 
biggest buyers of rare Americana, that I have almost no use 
for librarians; but I doubt that 2 per cent of our librarians 
even know the function of a library. 

Lunching one day with one of the 2 per cent who do, Dr. 
Randolph G. Adams, I remarked that in fifty years of rare 
books I hadn't met twenty-five good librarians or twenty-five 
real collectors. 

"I'll pay for the lunch," said my companion, "if you can 
name a dozen librarians or ten collectors." 

[ 97 ] 



THE ADVENTURES OF A TREASURE HUNTER 

I paid for the lunch. 

When a man gives an important collection to a public 
institution, he naturally assumes that the material will be in 
safekeeping for students forever. Little does he know librar- 
ians. 

A leading Chicago lawyer, E. L. Cooley, lived a bachelor 
existence devoid of practically every comfort so he could ac- 
cumulate a collection of material relating to his home territory 
in western New York. When he died, he willed the collection 
to the library in his native town. 

Two or three years later, a scout passing through the town 
was told by the librarian that nobody ever looked at these 
dusty old books, and she would be very glad to exchange 
them for some modern fiction that people would read. The 
scout asked what she valued the collection at, and she said she 
thought she ought to have a hundred dollars' worth of Faith 
Baldwin and Warwick Deeping instead of this old collection 
nobody ever used. 

The scout was almost as bad as the librarian because he 
got out a list pricing the books, many of them rarities, at about 
5 per cent of their proper value. I had the luck to get the 
first copy of his catalogue, and he was unable to fill any sub- 
sequent orders from that list. 

The librarian of a venerable Eastern university spent twenty- 
five years assembling a basic collection of Americana. He did 
it in the days when such material could be found by ordinary 
vigilance, and at no great expense. Then he died. 

His successor, a Scotsman, was interested in nothing but 
philosophy. He sent for me. I spent three days picking the 
plums out of this extremely rich pudding. Then I lined up my 
choices for the new librarian's inspection. 

[ 98 ] 



THE CONSUMERS 

He looked them over and said truculently, "I wouldn't take 
less than three hundred dollars for these." When I handed him 
six fifty-dollar bills, he was stunned, because he had expected 
this price to be in exchanges of philosophy books. I do not 
dare tell you how many times over that three hundred dollars 
came home to roost. 

It is customary for a librarian to explain to me, and I pre- 
sume to other booksellers as well, that she has had more ex- 
perience than I, and therefore knows more about book prices. 
I learned to accept this gracefully on the occasion when I 
called at a small Ohio library. A Mr. Hildreth had assembled 
one of the famous collections of Midwestern Americana and 
had willed it to this library, where of course the books were 
immediately deposited in a dark and dusty basement. 

When I got there, the librarian went through the routine 
about her knowledge of book prices. Fortunately I did not bat 
an eye. She knew that any old book was worth at least ten 
cents, and so told me that I could have the Hildreth collection 
for $125, take it or leave it. It was many years ago, but I have 
always lovingly remembered one item in the collection: a 
thick-paper copy of the first edition of The Federalist, with 
Rufus Putnam's autograph on the flyleaf. I would happily pay a 
thousand dollars to see that old friend come back into the 
store. 

I know it is asking for the moon, but I wish all future librar- 
ians could spend a year in an old bookstore instead of going 
to library school. And I wish still more that all present and 
future librarians would buy, beg, borrow, or steal a copy of 
Dr. Randolph G. Adams's pamphlet, Librarians as Enemies of 
Books. 

* * * 

[ 99 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Not all librarians blithely give away priceless collections 
to the first comer. A big Western librarian, Dr. Frank Root, 
the author of two volumes of perfectly worthless bibliography 
of the Midwest, once summoned me to look over his library 
duplicates. For twenty-five years he had been conscientiously 
accumulating unbound copies of Munsey's, McClure's, Cos- 
mopolitan, and every other useless magazine except the Police 
Gazette. 

I found three dusty buildings and several subsidiary attics 
all bulging with this mass of truck. It took me three days, 
working with a flashlight, to pick out any stuff that I would 
even trouble to cart away. I was exhausted by the task, 
and had really very little idea of what I had finally put to- 
gether. 

Dr. Root said severely to me, "I want four hundred dollars 
for these." This I thought was cheaper than spending any more 
time with my flashlight, so I let Dr. Root write out a check, 
which I signed. 

Two days after this stuff got to New York, I had a highly 
indignant letter from the librarian, vowing I had taken ad- 
vantage of him. 

Meanwhile I had examined the books, and found that I had 
overpaid him by at least $150. To keep him happy, however, 
I sent him a signed blank check, with instructions to fill it in 
with the amount at which I had robbed him. 

In reply, he sent back the check, still blank, but said that 
his real objection was to a middleman's making a profit. He 
had been studying the various want lists issued by the anti- 
quarian book trade and had discovered that he could have sold 
at least three of them for three dollars apiece. The six hundred 
volumes I had so avidly carted away must therefore be worth 
several times the price I had paid for them. I retorted by mail 

[ 100 ] 



THE CONSUMERS 

that if he lived to be ten thousand he might possibly sell as 
many as one hundred out of the six hundred. 

Whatever happened to the rest of the accumulation at his 
own unfortunate library I have no idea. Certainly the Salvation 
Army should have been paid to take the stuff away. 

During the thirty years William Abbatt of Tarrytown pub- 
lished the Magazine of History, he reprinted some two hundred 
rare items relating to early American history 65 per cent 
practically unobtainable at any price, 25 per cent obtainable at 
high prices, the other 10 per cent not scarce. These well-printed 
pamphlets were issued in very small editions some say fifty- 
five copies of each, some say a hundred. 

Less than 1 per cent of our American libraries subscribed to 
this important series. 

Six or seven years ago the unsold copies turned up in a 
bindery. Mr. Abbatt, always being in the red, had left an un- 
paid bill. There were some two or three thousand pamphlets, 
and I was glad indeed to pay the binder's bill. In my foolish 
enthusiasm I decided that one catalogue would sell every re- 
maining copy. 

Each item was catalogued correctly author, title, number 
of pages, date of the original, and date of reprint; price about 
a third of Abbatt's original list. 

And what happened? Total orders from libraries, $61; one 
clever dealer bought some for $450; two private buyers bought 
one of each title. 

The type was standing, so I used the same descriptions in 
three other catalogue:?. Orders totaled $29. 

A sarcastic friend to whom I showed these figures turned 
around and grinned at me. "What a damn fool you are! Don't 
you know that librarians buy blurbs, not books?" 

[ 101 ] 



THE ADVENTURES OF A TREASURE HUNTER 

For three days I wrote blurbs about books I thought every- 
one knew. 

Net result: telegrams, telephones, special-delivery letters, 
air-mail letters. In three months not an Abbatt reprint in the 
store. 

I think it is a crime for manuscripts relating to a particular 
place or state to be anywhere but in the local archives. Some 
librarians agree with me; some do not. 

In trying to get books and manuscripts to libraries where 
they belong, I find myself succeeding about one time out of 
five. As I write these words, I hold in my hand a dilapidated 
folio, broken-backed and loose-leaved, describing in detail the 
organization, bylaws, organizers, members, reading fees, books 
on the shelves, a four-page description of the condition of the 
books, organization of a debating society with signatures of the 
original members, and many other details of the Dummerston 
Social Library at Dummerston, Vermont, from 1808 to 1841. 
There has been some suggestion that this library was the first 
public or semipublic book collection in Vermont. Many of the 
records are signed by Hosea Beckley, who wrote one of the 
fairly early histories of Vermont, published in nearby Brattle- 
boro. Dummerston is now a suburb of Brattleboro, which has 
shoals of literary and artistic summer residents, memories of 
Rudyard Kipling ( whose house was actually in Dummerston ) , 
and, for a town of 10,000, a good and lively public library. 

The Dummerston Social Library records were offered to 
this library on approval for a less than nominal figure. After 
some nine months of inspection by the librarian, the finder re- 
trieved his material in person. 

As I was not the finder, I can gracefully remark that I think 
you will have to hunt very hard indeed to find a dozen such 

[ 102 ] 



THE CONSUMERS 

contemporary records of the founding of an American library. 
Next I take the liberty of quoting in full an entry from one 
of my catalogues: 

Is Idaho Only Interested in Potatoes? 

ORIGINAL ARMS OF THE TERRITORY OF IDAHO 

LYONS, CALEB. Original pencil sketch of the Arms 

(Seal) of the Territory of Idaho (1866). Lyons, Gov. 

Caleb. A.L.S. describing the Coat of Arms of Idaho and 

adding "By the authority in me vested by an Act of the 

Legislature, passed hereby adopted I have designed 

above described Coat of Arms for the Territory of Idaho/* 

1 p. (1866) E. R. Hewlett. Certification of adoption 

and reproduction of seal, April 20, 1866. Three pieces. 

$350. 

When this item appeared in my catalogue, a bookseller was 
the only one that paid any attention. He wrote: "Everitt, you 
must be crazy; in Idaho no one has spent $100 for books in 
the knowledge of man." 

But being inexperienced, I wrote the governor of the state, 
who referred my letter to the historical society. The historian 
replied, "Our legislature has made no provision to purchase 
exhibition material." To this I made the obvious reply: "This 
is not an exhibit it is in fact a sensational historical docu- 
ment/* 

No reply to this letter. 

As the next move I wrote to the leading Idaho newspaper. 
The Pioneer Editor replied: "Caleb Lyons was known to most 
Idahoans as a fraud, a sneak, and deep-dyed carpetbagger. . . . 
I know of no one in Idaho who would give 350 cents for any- 
thing belonging to or designed by Caleb Lyons, unless it might 
be his scalp. Most of the information you refer to is already 
available in Boise, although not in the original." 

[ 103 ] 



THE ADVENTURES OF A TREASURE HUNTER 

My answer: "Am I to understand that Idaho and other state 
historical societies are only to accumulate documents of honest 
politicians? If such be the case . . . the many buildings of 
such societies would be reduced considerably in size. If I know 
anything about the function of a state historical society, it is 
to accumulate original material relating to its state." 

I quote one paragraph from the editor's reply: "The docu- 
ments of Caleb Lyons belong in the Idaho state house. I am 
sure the governor and the historian would welcome them. 
Perhaps an arrangement might be made whereby the state 
would go so far as to pay the postal charges in case someone 
wants to donate the manuscripts." 

If I understand this sentence, it means that the manuscripts 
catalogued are valued less in Idaho than I pay for one Idaho 
potato in this town. 

Thomas W. Streeter, the great collector of Western Ameri- 
cana, finally said, "I don't want the wretched manuscripts, but 
I like your description." They are now in his library. 

I have been greatly flattered when an occasional prominent 
figure in the rare-book world has chosen me to help put an 
item where it belongs. 

One day Mr. R. W. G. Vail came to me with a shabby bound 
volume of a newspaper, for which I gave him four hundred dol- 
lars with great alacrity. As you see by the following memo- 
randum that Mr. Vail later wrote out for me, this item had been 
offered to the four institutions where it really belonged. I sent 
a description to the Wisconsin Historical Society and got $650 
almost by return mail. I had first called up Mr. Wall, the direc- 
tor of the New York Historical Society and practically begged 
him to buy the volume. He told me I had no alternative but 
to sell it to him at his own price. 

I 104 ] 



THE CONSUMERS 
Mr. Vail wrote: 

When I was working for the Roosevelt Memorial 
Association Theodore, of course I happened to be 
passing through Canandaigua, New York, while on va- 
cation, and dropped in at an antique shop and asked the 
proprietor's wife if I might see any old books they might 
have. Busy with another customer, she waved me to a 
back room, where I found quite a lot of old books, but 
none worth buying. As I was about to leave, she said, 
"There must be an old newspaper in this bureau drawer. 
The old man picked it up quite a while ago out in the 
country during one of his trips, and like a darned fool 
gave $5.00 for it. No one has ever looked at it and 111 
bet he's stuck with it. He's always getting excited and 
paying more for stuff than it's worth." 

I looked at the volume, a small folio about three 
inches thick, saw the publisher's name written inside 
the cover, noticed the title and date of the first issue, 
and said, "I kind of like old newspapers, and might be 
interested in buying this volume if you don't want too 
much for it." 

I tried to keep a poker face, for I realized that it was 
the publisher's own file of the lost frontier newspaper 
of New York in the 1790's, the Whitestoivn Gazette 
lost, that is, except for three or four stray issues scat- 
tered through two or three libraries. Whitestown is now 
Utica. Here was a practically complete file for several 
of the earliest years. 

She said, "We'll have to wait till the old man gets back 
he ought to be here any minute now. It's his book, and 
he will have to put the price on it." 

Just then he came in. "So you are looking at the old 
newspapers. That's a very fine item. A fellow was looking 
at it last week and offered me $15 for it. I thought I'd 

[ 105 ] 



THE ADVENTURES OF A TREASURE HUNTER 

take him up on it, but haven't gotten around to sending 
it to him yet, so if you want to give me $20 for it, the 
newspapers are yours." 

I glanced at his wife, who looked a bit confused, for 
she knew that I knew her husband was making up his 
story as he went along. But I swallowed the yarn, grin- 
ning at his wife, and said, "All right, 111 give you your 
$20 for it." I walked out of the shop with one of the very 
rarest of New York newspaper files. 

Back in New York I took the volume up to my old 
stamping ground, the New York Public Library, and 
showed it to Dr. Wilberforce Eames, who was most 
enthusiastic about it, and very much wanted the library 
to acquire it, but he referred me to the head of the 
American History Department. 

He liked it too, and then asked the price. When I 
told him that I wanted $150 for it, the lowest price at 
which it would ever be offered, he countered with the 
remark that I had never paid any such price for it, and 
the library would give me ten per cent more than it 
had cost me. 

So I then took the volume to Mr. A. J. Wall, another 
old friend, with the price raised to $250. He also turned 
me down, though he told me several times later that he 
had made a mistake. My next venture was Dr. J. I. Wyer, 
state librarian at Albany, but they did not want the pre- 
cious newspaper at $350, though I later learned that he 
had not shown my letter to Mr. Joseph Gavit, his author- 
ity on early New York newspapers, who would have 
taken it in a minute. Then I sent a letter to Mr. Pierrepont 
White of Utica, banker and President of the Oneida 
County Historical Society. Since his name was White, 
and Whitestown was Utica, I was rather disgusted when 
he did not buy the volume out of his own pocket after the 
society had failed to raise my new price of $450. 

[ 106 ] 



THE CONSUMERS 



That was how the Whitestown Gazette passed through my 
hands. 



I once went to Marietta, Ohio, in pursuit of a very important 
library. My trip was a fizzle, because somebody from Chicago 
offered five hundred dollars more than I did. 

As I was wandering around Marietta, with three hours until 
train time, I noticed an old, square stone house. I asked a 
passer-by who lived there. 

"Well, an old Civil War general used to, but he died about a 
year ago." 

So I walked up to the door and rang. A very charming old 
lady opened it. 

I handed in my card and said I was scouting around in search 
of old books. 

At this she welcomed me with open arms. "We simply 
haven't got anything except books." There were books 
everywhere, even in the bedrooms, and all Americana. Not 
a set of Charles Reade anywhere in the house. I was 
nervous at such a good haul as this, so I asked her who her 
lawyer was. I had long since forgotten and outstayed my 
train. 

"As a matter of fact, he's my son-in-law. Why don't you stay 
to dinner, and 111 have him over." 

He and I soon closed on a good-sized offer. Then I said, 
"Where is your husband's correspondence with Lincoln and 
his commission?'* 

"Over in that old safe there. But I want you to understand 
that it is not for sale/* 

"Oh, I understand that perfectly. But it would be a privilege 
to look at it." 

The general had been the Judge Advocate at the Indiana 

[ 107 ] 



THE ADVENTURES OF A TREASURE HUNTER 

treason trials early in the Civil War. There were five excellent 
Lincoln letters and the general's commission. 

I asked the general's lady what she intended to do with the 
papers. 

"Well, I think they ought to be preserved in some institu- 
tion, but I haven't decided where." 

"The best institution in this state is the Western Reserve 
Historical Society," I said. "If I get Mr. Cathcart down here, 
will you let him have the papers?" 

"Oh, that would be splendid. I just haven't known where 
these things ought to go." 

I reserved a room for the night in the very dismal local 
hotel, and wired to Wallace Cathcart: TRAIN LEAVES CLEVELAND 

SEVEN P.M. ARRIVES MARIETTA SEVEN A.M. STOP. WANT YOU TO 
HAVE BREAKFAST WITH ME. 

Next morning I went down to the station about forty-five 
minutes after train time, just at the right moment to welcome 
Wallace Cathcart. "What did you drag me down here for?" he 
demanded. 

"I told you I wanted you to have breakfast with me," said I. 

We had breakfast and then walked for nearly a half mile 
toward the general's house. 

"Do you know who used to live here?" I asked. 

"You old scoundrel! I've been ten months trying to get into 
that house. How did you get in?" 

'Why, I walked in," I said. 

The general's widow gave us a warm welcome, and opened 
up the safe for Wallace. 

After the Lincoln papers and the commission came out, I 
poked a hand into one of the pigeonholes and hit on seven 
copies of a pamphlet. 

It was entitled, Constitution and By-Laws of the Golden 

[ 108 ] 



THE CONSUMERS 

Circle or Sons of Liberty. This organization amounted to an 
anti-Lincoln conspiracy, and in its day a man found carrying 
a copy of the pamphlet was quite likely to be shot on the spot. 

I muttered out of the corner of my mouth, "Wallace, you 
only get one of those." 

He muttered back, "I do not. I get two." 

Being big-hearted, I contented myself with five copies, and 
struck out for the West. 

In Indianapolis, where the general had presided over the 
treason trials, I fatuously went to see the librarian of the 
Indiana State Library. When I suggested selling him a pam- 
phlet for fifty dollars, he declared, "I can't see why we should 
buy this. We already have the reprint from the Government 
proceedings at the trial." 

I gave him my stock reply for librarians: "If you don't see, 
I'm sure I don't." 

Some years ago the librarian at a small western New York 
college decided that textbooks were more important on his 
shelves than dusty and neglected oddments concerning Amer- 
ica. As soon as I got the good news, I posted out, spent two 
days at work, and picked myself a large packing case full of 
reasonably good things, for which I paid $250. 

The janitor, of course, was instructed to help me pack up 
and ship my purchase. Books have to be packed very tight, 
and I found myself with a hole as big as two fists in the corner 
of the packing case. I grabbed the first discarded volumes 
I could lay hands on, juggling them around until they just 
filled out the space; thickness was what mattered, not con- 
tents, and I did not even look at the titles. 

Of course these makeweights, being nothing I cared about, 
were the first things to come out of the case when I unpacked. 

[ 109 ] 



THE ADVENTURES OF A TREASURE HUNTER 

One of them bore the fascinating title, The Christian Advocate, 
and I was about to throw it into my capacious wastebasket 
when the cover fell open, and I noticed some penciled writ- 
ing: "This is the original first edition of Hayward's Aboriginal 
History of Tennessee." I had never seen a copy of that either, 
but I did know it was a very scarce book, so I went straight to 
Mr. Eames. 

It was obscure enough so that even he had to look in his 
files. "Yes, weVe got it," he said, "but our copy lacks the 
folding plate. May we have your permission to photostat this?" 

He paid for that small privilege several times over with the 
information he had given me, and I catalogued The Christian 
Advocate at $250, basing my calculation on the price of the 
whole collection. 

It was like the Idaho state seal: echo answered. 

About this time I was rather struck by the fact that the 
Library of Congress was buying many books at auction, but 
none of their business seemed to come my way. I thought it was 
nearly time to put a stop to this, so down I went to Washington. 
I called on Dr. Scott, then head of the Acquisition Department, 
and said I noticed he had not bought anything from me in 
more than two years, though I was sure some of my catalogues 
had contained items he lacked. He pressed a button, and the 
man responsible for checking booksellers* catalogues shambled 
in. "Do you check Everitt's catalogues?" 

"Yes, regularly. He hasn't had anything we want in 
years." 

"How about this?" I said, pulling The Christian Advocate 
from my pocket. 

"Oh, I think we have two copies of that/* said the acquisi- 
tion clerk. 

"Get them!" observed Dr. Scott. 

[ no ] 



THE CONSUMERS 

After enough time to check one catalogue tray and have 
a change of heart, the clerk returned. "I made a mistake, sir; 
we haven't got it/' 

"All right, make out an order to Everitt for this." 

I chanced to walk down the corridor with the acquisition 
clerk, who said in an undertone, "Why should I buy from your 
catalogues?" 

"Look here, old man; don't you think you are a bit late?" 
I asked. 

And I went as fast as wheels would carry me to the Willard 
Hotel, where James B. Wilbur, the great Vermont collector, 
was staying. 

I told him my tale. "If this ever comes into court, I'll swear 
up and down that I never heard of it." And in point of fact, I 
never did. 

A few weeks later the book trade journal had a notice that 
the head acquisition clerk at the Library of Congress was 
resigning. That's all of that story. 

Many, perhaps most, of the mistakes librarians make are cor- 
rected in the end when collectors buy up their duplicates and 
present them to other libraries. 

The basement of the Rhode Island Historical Society was 
absolutely crammed with duplicates, under half an inch of dust 
and plaster. I said I was going down for a look, but Howard 
Chapin, the librarian, said no, it was too dirty. 

I said I didn't care; I was going. And I went. There were 
eight and ten and a dozen duplicate copies of rare books, in a 
shocking state of neglect. 

When I was about half through my overhaul, Chapin sent 
down to say that I was raising too much dust and would have 
to stop. Then I asked to have the porter bring up my choices. 

[ in ] 



THE ADVENTURES OF A TREASURE HUNTER 

We agreed on three hundred dollars, which was a fair and 
square price. Just as I started to pay, Chapin pulled out a 
bundle from behind his desk. "Want to give me five dollars 
for these no-good broadsides?" 

All I could do was say yes, without looking. The great- 
est collector of Rhode Island material in the world lived 
not three blocks away, so my prospect was not very flatter- 
ing. 

Some weeks later I had a phone call from Scott & O'Shaugh- 
nessy, the cleverest book auctioneers we have ever had in 
New York. Walter Scott was undoubtedly the best man I ever 
saw on the rostrum. They said they wanted ten or fifteen items 
to fill out their next sale. 

There happened to be just eleven broadsides in the bunch 
from Chapin, so I sent them over, thinking they might bring 
three or four dollars apiece and pay my train fare. 

I sat at the back of the sale, and when the broadsides came 
up, somebody said, "Two dollars/* 

Somebody else said, "Three." 

Just then Scott turned to me and said solemnly, "Are you 
bidding on these, Mr. Everitt? I can't quite see you." 

I said, "I certainly am," though I had not yet opened my 
mouth. 

With this hint from the auctioneer, I joined in the bidding, 
and kept pushing until they hit sixty dollars. 

Then I noticed that Scott was getting uneasy. He fidgeted 
and shifted on his stool. So at sixty dollars I fell out. 

Mr. Scott took a final, capping bid from the bid sheet and 
struck off the first broadside. 

Practically the same thing happened with each of the other 
ten. 

The lot went, intact, to the collector three blocks from the 

[ 112 ] 



THE CONSUMERS 

Rhode Island Historical Society. Scott told me afterward that 
he had house bids for $75 each. 

Percentages considered, I have been incredibly lucky in 
some librarians I have known. 

Around 1900, in my second or third catalogue, I listed some 
obscure Canadian pamphlet, eight pages long, for $12.50. 

The Canadian National Archives, which had just been put 
under the care of Dr. Arthur G. Doughty, asked to see the 
pamphlet on approval, and I sent it. 

Soon afterward I heard from Dr. Doughty: "Dear Everitt: 
Til be a great many years older before I start paying $12.50 for 
eight-page pamphlets." 

I wrote back: "Dear Dr. Doughty, 111 be a great deal older 
before I start selling pamphlets by weight." 

This was the beginning of a beautiful lifelong friendship. 
After Dr. Doughty got to know me, he stopped worrying about 
the bulk of what he bought. His purchases eventually totaled 
many thousands of dollars. 

One morning about ten o'clock I stopped in to call on 
Dr. Doughty in Ottawa. 

He said, "Everitt, I'm delighted to see you, but this is a 
busy day, and I'm afraid all I can give you is fifteen minutes." 

"Oh, I haven't got anything particular on my mind anyway," 
I said. "I hear Sir Lester Harmsworth has given you a swell 
collection of Canadiana." 

By the time we had finished discussing Sir Lester's gift, 
it was 4 P.M.; we looked over Harmsworth's pictures, and at 
long last I started to leave. 'Wait a minute," said Dr. Doughty. 
"I just want to show you that this is the only library in the 
world where you can really find a map when you want it. 
You name any American map of any date and any size, and 

[ 113 ] 



THE ADVENTURES OF A TREASURE HUNTER 

111 undertake to have it in front of you, held down by thumb- 
tacks so that you can really study it, within five minutes of the 
time you say go." 

I called for the first map made by the Samuel Champlain 
expedition, and it was before me in just over three minutes. 

Not long after his map performance, Mrs. Everitt and I 
found ourselves staying at the Abbotsford Hotel in Russell 
Square, London, one of a series of English temperance hotels 
where the only place you could not get a drink was the bar. 
For our sins, we suddenly became the best friends of an 
Australian and his wife who attached themselves to us. They 
persisted in constantly asking us to lunch. 

Finally, as the easiest way, we accepted, and they took us 
to the Royal Colonial Institute. After a lunch of overdone 
mutton, soggy potatoes, and vegetable marrow (which I don't 
like much even when it is called squash ) , our genial host said 
brightly, "Don't you want to go upstairs and look at the li- 
brary?" 

You probably know how much a bookseller wants to look at 
a club library, but I decided I preferred the library to Austra- 
lian conversation, and up we went. 

The librarian was supposed to be sitting back of a glass case, 
which was filled with notes from Thackeray and Tennyson 
declining invitations to tea and notes from Queen Victoria 
thanking them for presentation copies of their books. 

In one corner of the case was a much less exalted-looking 
manuscript, and I asked the man behind the case if I could look 
at it. 

He replied, "The librarian isn't here at the moment, and 
nobody has ever asked to look at anything in this case in the 
twenty years I've been around. Just a minute, and maybe Sir 
Charles can help us." 

[ 114 ] 



THE CONSUMERS 

I was not to be put off. I handed him my card and said, 
"I'd still like to see that manuscript/' 

He flushed, then disappeared for a moment, and I saw 
him talking to a short, elderly gentleman in a corner of the 
library. 

This man came over and introduced himself as Sir Charles 
Lucas, whom I knew as the author of a great series of Colonial 
histories. 

"Well, Mr. Everitt," he said, "what's all the excitement?" 

"Sir Charles," I said, "I simply asked to see a manuscript. 
I know it isn't for sale, but just to make things interesting 
I'll be glad to give you five thousand dollars for it." 

He turned to the assistant librarian and said, "Open that 
case, please." 

The assistant flushed again and said, "We have no key, sir." 

"Well, get a hammer or a chisel or something and open it 
up." 

Just then the librarian appeared and he produced a key from 
somewhere. 

When I finally got the manuscript in my hands, I found it 
was in fact what I had supposed; namely, the journal of 
Duncan M'Gillivray, the early explorer in the Northwest, with 
a map that he had drawn from a sketch made by his Indian 
guide. M'Gillivray had used the Indian's sketch on his way to 
the Columbia River, since the guide was probably the only 
one who had been over the route before. There was also a map 
made by M'Gillivray to plot his discovery. 

I asked the librarian, "Has no one ever examined this manu- 
script?" 

"No," he replied. 

"Are you sure? What about Dr. Doughty of Ottawa?" 

The librarian scratched his head. "Why, now that you men- 

[ US ] 



THE ADVENTURES OF A TREASURE HUNTER 

tion it, Dr. Doughty was here several years ago and photo- 
graphed every page of the manuscript." 

"I guess I'm not quite so excited about the manuscript," I 
said, "but thank you very much for letting me see it any- 
way." 

On that trip I was called away from London by a cablegram 
from my partner, Stager, asking me to look at a library in 
Ottawa in ten days. The only way I could make it was to go 
by way of Halifax. In Ottawa I saw the library, offered $4,500 
for it, was turned down because the executor had an offer 
(though not in writing) from an auction gallery for $15,000, 
and stopped off for a moment to call on Dr. Doughty. 

"Here," said Dr. Doughty, handing me a handsomely printed 
pamphlet, "you might like to have a copy of this new facsimile 
publication of ours." 

I was very glad indeed to have it. It was the first printing 
of M'Gillivray's journal of his discovery of the Columbus River. 

(As for the library I did not buy, there was silence for a 
couple of years, which brought us to 1930. Then the executor 
wrote and said he would be glad to accept my offer. I was 
very glad that my boom-time offer had not been in writing 
either. A curio dealer finally paid $2,500 for the collection, and 
I hope he got out whole. ) 



3. The Headers 

MORE interesting to me than either collectors or speculators 
are the readers. It is not much fun selling books to people who 
can afford to buy them. The real pleasure is in serving the 

[ 116 ] 



THE CONSUMERS 

true students, those who are hungry for books that cost more 
than they can afford. 

From long years of friendship the authorities at the Museum 
of the American Indian (Heye Foundation) know how I feel 
about readers. Whenever any of the thousands of visitors to 
the museum ask where they can get books about Indians, they 
are referred to me. One day the museum sent a postal clerk 
who wanted to own a copy of Bolton's Indians of New York 
City to me. He sat down at my desk, and I pulled off the 
shelves a copy of Bolton marked $1.50. He explained that he 
dared spend only twenty-five cents a week for books. I have 
always had more fun giving books away than selling them, so 
I tried to give him this one, but he said indignantly that he was 
not looking for charity. He firmly put a quarter on the table, 
and I wrapped the book. 

Every Friday for the next five weeks he came in with his 
twenty-five cents. Then he picked another book, and started 
buying that the same way. 

This went on for some months before he paid me a last 
visit, and said he would have to stop because his wife had 
discovered that he was buying books. That story had a sad 
ending. 

Another customer of mine was a shoemaker of West 23rd 
Street, whose wife was a trifle less vigilant. I kept a bin full 
of books reserved for the shoemaker, and he was able to sneak 
two or three volumes a week home unnoticed. 

One fine day he drove up literally in a horse-drawn hack, 
marched into the store, and said, "Wrap up all my books!" 

"What's happened?" 

"My wife just died, and I can buy all the damn books I 
want." 



THE ADVENTURES OF A TREASURE HUNTER 

For some years I kept framed a letter to me from a Georgia 
Baptist minister, saying in substance: "Dear Sir: Can you 
supply any books on circumcision from a Baptist point of 
view?" I referred him to the American Baptist Publication 
Society of Philadelphia. 

Not long afterward the "list boy" from the New York branch 
of the Baptist Publication Society came to my store on his 
rounds. (In those days every bookseller had a boy who 
trudged around with a list in search of books that had been 
ordered by customers. The list boy's usual beat was among 
the publishers, but if an item proved hard to find, he would 
look in on fellow booksellers.) At the head of the Baptist 
Society boy's list was an order for a copy of Fanny Hill. Prob- 
ably the Baptist Publication Society was the only bookseller in 
the country to whom you could have given an order for this 
title without creating the slightest flutter. 

I looked over the list, and, wanting to be helpful to my 
brethren in the trade, wrote next to Fanny Hill: "Try American 
Sunday School Union." 

Somebody at the big wholesale house of Baker & Taylor, 
entering into the spirit of the thing, added: "Try American 
Bible Society." To keep the ball rolling, somebody else wrote 
in: "Try Goodenough & Woglom," who were religious book- 
sellers even more religious than the denominational houses. 

I don't know just how long this merry-go-round kept on, 
but within a couple of days another celebrated theological 
bookseller telephoned to me and asked if I knew of a book 
called Fanny Hill. 

"I've heard of it," I said dryly. 

"Well, where can I get a copy?" 

"I don't exactly know," I said. "The last man that did know 
got two years in jail." 

[ 118 ] 



THE CONSUMERS 

Those were the days when Anthony Comstock was making 
an ever-present nuisance of himself, and I got so bored with 
trips down to the court of general sessions to testify as a 
character witness for booksellers charged with selling erotic 
literature that I thought I would at least have a little fun. 

Like most spies, Comstock's stool pigeons might just as well 
have worn sandwich boards. One of them came into my store 
on 34th Street one day and said, with a sickly imitation of a 
leer, "I'm looking for something hot to read." 

My face brightened. "Come with me," I said, conspira- 
torially. I walked him the hundred feet to the back of the 
store, down the cellar stairs, and eighty feet toward the front. 
Here I took from a shelf of discards a copy of Hannah Whitall 
Smith's Christian Secrets of a Happy Life. 

"I don't think you got me," said the lover of esoterica and 
curiosa. 

"On the contrary," said I, "I got you the moment you started 
across 34th Street." 

When Theodore Schulte first opened his famous bookstore, 
at 23rd Street and Lexington Avenue, I helped him start, and 
ran his basement for a while. 

One day a very aged Negro clergyman from Georgia came 
in. "I forgot what book I came in for," he said uncomfortably. 
"My brethren gave me some money to buy a book, and all I 
know is that it is a commentary some Baptist wrote on the 
Bible." 

"His name was Adam Clark," I said. "Just a minute." I 
brought forward the six plump volumes. 

"What's this going to cost?" 

"Seven and a half," I said. 

The clergyman dug some coins out of one pocket, two dollar 

[ 119 ] 



THE ADVENTURES OF A TREASURE HUNTER 

bills out of another, then unpinned some more paper money 
from inside his vest, where it had been safe from robbery. The 
pile added up to $7.85. "Will the thirty-five cents pay the 
postage?" he asked. 

"Oh, we'll be glad to pay the postage," said I. 

I asked him if he had his ticket home, and he said yes. I 
asked if the thirty-five cents would pay for his food. 

"Oh, I don't need to eat till I get back to Georgia," he said, 
and went out happy. 

You probably know about the hunger and thirst of the 
Donner Party, the travelers who, caught in the Sierra Moun- 
tains in winter, finally ate one another. 

That hunger and thirst is mild compared to that of a col- 
lector lacking one volume to complete his collection. Hunger 
for books is, in some people, the thing that will break down 
all inhibitions and hesitations. It is no respecter of person or 
station. 

Thirty years ago I spent an unproductive week of book-hunt- 
ing in New England. I just couldn't find anything to buy. 
Two or three booksellers told me that the theological library 
of Reverend Samuel Hart, at Middletown, Connecticut, was 
for sale. There was nothing I wanted less than theology, but 
I was desperate for a few books to pay my expenses. So I 
went to call on Mr. Bliss, Dr. Hart's executor. 

Mr. Bliss showed me some seven thousand volumes of 
standard theology. It was enough to put any rare-bookseller 
into a sound stupor. Dr. Hart had been known as the great 
authority on Bishop Samuel Seabury, the first great Episco- 
palian bishop of Connecticut. The Hart library, however, 
seemed to have not a single volume about Seabury. 

"What about the Seabury things?" I asked Mr. Bliss. 

[ 120 ] 



THE CONSUMERS 

"I guess that must be the stuff that's piled in the hall," he 
said, taking me out there. 

In stacks on the floor was probably the best collection of 
Seabury material ever gathered together, as well as a copy 
of every Episcopalian prayer book ever printed in America. 
The booksellers who had tipped me off had also let me know 
that the price on Dr. Hart's collection was three hundred dol- 
lars. I said to Mr. Bliss, "I can give you five hundred dollars 
for the lot." 

"I'm sorry," said Mr. Bliss, "but I can't decide tonight, be- 
cause Mr. Schulte, the theological bookseller, is coming up 
to look over the collection tomorrow." 

I put my watch on the table. "It's eight-thirty now," I 
said. "Until nine o'clock I'll give you five hundred for the lot. 
After that, I shan't be interested." 

"Isn't that rather a tough way to do business?" he asked. 

"Well, I'm not terribly concerned about other booksellers," 
I said. Mr. Bliss's wife was out of town, and he telephoned 
to her. Even over the phone, her "Yes, yes, yes!" could be 
heard across the room. 

I handed over my check, and Mr. Bliss asked what I was 
going to do next. 

"Well," I said, "I'll take a few of these pamphlets along to 
the hotel with me now, and I'll be back at ten tomorrow morn- 
ing to pick out what else I want." 

I packed up two good-sized bundles, consisting of all the 
prayer books and all the Seabury material, and set off for 
the hotel. By the time I got there, I decided that it was rather 
Foolish to go back at all, except that it might have hurt Mr. 
Bliss's feelings. I already had everything of any consequence 
in my two bundles. 

But I went back anyway, and Mr. Bliss introduced me to 

[ 121 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Dr, Hart's successor in the Episcopalian pulpit in Middletown. 

The new minister was lost in admiration of Dr. Hart's col- 
lection, which he told me was the finest theological library in 
Connecticut. To him its value was not at all diminished by 
the forty-one volumes I had chosen out of the seven thousand. 

"Would you like to buy what's here?" I asked. 

"I'd simply love to," he said, "but I can't possibly afford it." 

"Could you afford seventy-five dollars?" I asked. 

It took me some time to convince him that I was not trying 
to be funny. Once he got that through his head, he said yes, 
he could afford seventy-five dollars. 

"All right," I said. "Write out a check for seventy-five dollars 
to Mr. Bliss. I wasn't going to take these books out of the 
house anyway." 

This is rather a long way around to the hunger for books. 
The telephone in our store on 33rd Street was, for some reason, 
in a separate room. Besides the telephone we had a table 
on which we used to put books before we priced or investi- 
gated them. The Seabury and prayer-book collections imme- 
diately went on the table. 

One of our steadiest customers was a clergyman who used 
to come in every week. He happened to use the phone just 
after we had laid out the Seabury books, and when he came 
away, he told me he had a complete set of American prayer 
books except for a copy of Debrett's Proposed Prayer Book 
of 1789, published in Philadelphia. He had seen a copy by the 
telephone and wondered if I could sell it to him. 

I explained that my copy, too, was part of a complete set, 
which I could not possibly break up. 

The clergyman looked crestfallen, and I thought the subject 
was closed. 

A few days later he used the telephone again. When later 

[ 122 ] 



THE CONSUMERS 

I happened to glance over the Seabury books, I did not see 
any Debrett 

This was in October. I did not know of anything I could 
do about it except mourn my shattered set, which, as you can 
imagine, I did most heartily. 

The day before Christmas, the yuletide spirit apparently 
got to work. I had a mysterious present from an unknown ad- 
mirer, a parcel mailed in Brooklyn, with my name out of a 
newspaper advertisement pasted on for a label. As I never 
saw this particular clergyman again, I was unable to ask him 
whether he had sent the package. Anyway, the missing Debrett 
was inside. The collection, thus restored to completeness, 
eventually went to the William L. Clements Library, Ann 
Arbor, Michigan. 

Some time afterward I decided to give the back room its 
monthly sweeping. Among the rubbish on the floor was a piece 
of paper perhaps six by eight inches. Glancing at it, I saw 
some lines of script in the hand of Dr. Samuel Hart. It read: 
"This is the only known fragment of original manuscript of 
the first Proposed American Prayer Book, written by Bishop 
Samuel Seabury." 

Any fool could see that this belonged in the library of the 
General Theological Seminary, the headquarters of high- 
church Episcopalianism in this country. I took the paper down 
to Dr. Denslow, the dean, who told me that a board meeting 
was just going on, and asked me if I would wait and talk to 
the members. 

The first question the board asked me was whether I would 
guarantee that this fragment was in Bishop Seabury 's hand- 
writing. 

"On the contrary/' I said, "all I will guarantee is that I 
don't know. But certainly Dr. Hart is the great authority on 

[ 123 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Seabury; his opinion should be worth more than mine." 

I had made a price of $250. "How did you arrive at this 
figure?" they wanted to know. 

"It was the first one I happened to think of," I said. "If 
you give me time to think a little longer, the price may be 
several times as high." 

"Gentlemen," said Mr. Denslow, "I vote we pay Mr. Everitt 
two hundred and fifty dollars for this before he has time to 
think any further." 

My memories of Bishop Samuel Seabury are, I fear, a little 
happier than those of his descendant Judge Samuel Seabury. 
He told me a good many times that he wanted a copy of one 
of his family genealogies. 

Finally a scout came in with a copy, which I bought for forty 
dollars. Trying to be a good fellow, I sent word to Judge Sea- 
bury saying he could have it for fifty dollars. 

He came in, looked the book over, and said, "I've wanted 
this book for forty years, but I think I can wait another forty 
years before 111 pay fifty dollars for it." And he marched out. 

Less than an hour later Michael Walsh of Goodspeed's 
handed me fifty dollars and departed rejoicing with the 
genealogies. 

The next morning Judge Seabury was on the phone: "You 
know, I was restless all last night because I didn't buy that 
genealogy. Will you send it to me?" 

"Judge Seabury," I said, *Tm sorry, but I'm afraid you're 
going to have to wait that forty years for another copy." 



[ 124 ] 



PAR T III 

The Trade 



Q^^Q^^Q^^Q^^Q^^ 



1. The Booksellers 

IF THE rare-book trade seems to you a fabulously profitable 
calling for a strange breed of adventurous yet profoundly 
learned beings, I can tell you why. 

Every dealer who does not die broke (say one in five 
hundred) makes occasional big killings. Like me in these 
pages, he remembers and tells about the jackpots. Averaged 
out over a business lifetime, the killings melt down to a liv- 
ing wage, sweetened by the adventure of the chase. The 
adventure is there, no doubt of it. 

And the learning is there, too, much of it or little, depending 
on its possessor. Fundamentally a bookseller or any dealer 
in antiquities has no capital, no equipment, nothing but his 
knowledge. A Philistine friend of mine once remarked that 
the only difference between Foe's Tamerlane in the original 
wrappers and a slightly defective copy of Poeins of Passion, by 
Ella Wheeler Wilcox, is in the knowledge of the book-hunter 
who discovers them. 

A bookseller who does not know what he's got has nothing 
unless he knows where to find out. (If you read the chap- 

[ 125 ] 



THE ADVENTURES OF A TREASURE HUNTER 

ter after this one, you will see that here, too, it isn't what you 
know, it's whom you know.) I have made money sometimes 
out of things I knew nothing about; but I used the jujitsu 
trick of taking the things to customers who did know, and 
letting the customers sell themselves. 

When people talk about business and start proclaiming 
that you don't need any capital, it is very easy and usually 
correct to suspect them of living on an income. And if 
Dr. Rosenbach lays out $38,000 for a small piece of paper, 
it may not seem very helpful for me to say you can go into 
the autograph business tomorrow with fifty cents. 

But you can. If you know enough, you can even stay in 
business. The only obstacle is the cost of learning. In a pinch 
you can always find someone a brother dealer or possibly a 
customer to lend you the money for a sure cinch. All that's 
required of you is to recognize a sure cinch when you see 
it. You may not have a building as big as the Parke-Bernet 
Galleries, but neither will you have their payroll to meet. 

The old-book business is rather like an iceberg: the shining 
peak is only a fraction the size of what's under water. The 
American dealers with mahogany-paneled shops and grilled 
bookcases containing Pickwick in the original parts can prob- 
ably be counted on your fingers and toes. For every Rosen- 
bach or George D. Smith there have to be a hundred feeders 
to keep those grilled bookcases full. 

Suppose I start at the beginning. Where do old books come 
from? Where do they go to? 

They come from the publishers as new books. Sometimes 
the publisher purposely makes or pretends to make them rare 
right then by issuing a limited edition. During the 1920's there 
were dealers and "collectors" (see The Mechanical Angel, 
by Donald Friede) who simply bought the new limited edi- 

[ 126 ] 



THE TRADE 

tions indiscriminately as they were issued and turned them 
over like stock shares. 

Much more likely the new books are not rare enough- 
the publisher prints too many. When he has sold all he can at 
the original price, he goes to a "remainder man," a whole- 
saler who lives on publishers* mistakes. The remainder man 
probably buys a thousand copies of History of Corn County, 
Iowa, a five-dollar book, for thirty-five cents apiece. He then 
sends out a catalogue to thousands of drug- and department 
stores and a few secondhand bookshops, listing Corn County 
at seventy-five cents, along with two or three hundred other 
flops and ex-successes. 

Then one of two things happens. The first is practically 
nothing: little by little copies of Corn County trickle away 
until the remainder man has four hundred left, which he 
sells for wastepaper. 

The second is that some smart Americana man in Des 
Moines or Cedar Rapids (who has read the book, but of 
whom the original publisher has never heard) sends in an 
order for a hundred copies, and another hundred, and an- 
other, until bingo, no more copies of Corn County are to be 
had. The smart Americana man has been sending out cata- 
logues too, but not to department stores and not with a blurb 
saying, "Was $5, now $1.50." His catalogue goes to librarians 
and specialist booksellers (not secondhand stores) and Mid- 
western collectors. It says, "Among the finest of Midwestern 
local histories. Contains first printing of the pioneer journal of 
Gabriel Hornblower, a stranded Mormon emigrant. Out of 
print, but I can still supply clean copies at the original price 
of $5." 

If our man is very smart indeed, he quietly sits on the last 
ten copies, hoping he will live long enough to get $15 each for 

[ 127 ] 



THE ADVENTURES OF A TREASURE HUNTER 

them. He may not have to grow so very old at that. The WPA 
guide to North Dakota is worth that much right now, just 
because nobody wanted it at the time. 

Well, some of the copies of Corn County have reached the 
bookshelves of private citizens in Los Angeles who want a 
memento of home, and a good many more have landed in 
bookshops and public or institutional libraries. 

The bookshops barring our Americana friend soon tire 
of giving up shelf space to a dingy gray book with no jacket, 
and Corn County goes on the two-bit table. This is one chance 
for the hypothetical you to start in the rare-book business on 
limited capital. Supposedly you know that Corn County con- 
tains a Mormon narrative; you know where to find a copy for 
twenty-five cents; and you know someone in Salt Lake City 
who simply has to have every Mormon narrative in print. 
Percentagewise your profit will be a great deal larger than if 
you could afford to slug it out with Rosy for a Gutenberg 
Bible. 

As for the library copies of Corn County, you can get those 
with a flashlight, a dust cloth, and a copy of The Case of the 
Shoplifter's Shoe as trade goods. For that much in trade you 
are rightfully entitled to a Howe's Virginia Historical Collec- 
tions as well published before the Civil War, and hence 
quite out of date. That there might be anyone fool enough to 
pay $25 for a copy is not the librarian's lookout; she knows 
about the real values of books. 

The copies belonging to the Angelenos from Iowa also 
gather dust, and probably don't get back into the book trade 
until half a generation later, when the daughters-in-law of the 
deceased call in the junk man to clear out the attic. 

Obviously the mahogany-paneled book potentates can't 
search either Los Angeles attics or two-bit counters. For per- 

[ 128 ] 



THE TRADE 

haps thirty years it won't be worth their while having a copy 
of Corn County on the premises anyway. But once it has aged 
on the shelf, they can pull in their needs through one of the 
most completely disorganized and smooth-working business 
structures in existence. 

Since the machinery is smooth-working only when you 
know what button to press, I will take time to describe it. 

There is an organization of antiquarian booksellers whose 
true function is to improve the commercial manners and morals 
of the members. It plays no great part in the operation of the 
business. 

Next there are a number of magazines, led in America by 
the weekly Want List and Antiquarian Bookman, that pro- 
vide a sort of exchange and stock market. For ten or twenty 
cents a line you can run a list of books you happen to 
want. 

Theoretically this sends the entire old-book trade scurrying 
to its shelves, thereafter to deluge you with post cards offering 
good, bad, and dilapidated copies of Corn County at prices 
from one to twenty dollars. (In case you should ever want 
to send out a quotation card, remember that it should carry 
the author's name, the title fully enough to avoid any possible 
confusion, the edition number if you know it, the place and 
date of publication, publisher, the condition with note of any 
appreciable defects, and the price you want for the book. 
Sometimes the size and number of pages are important. ) 

Actually the scurrying by the trade will not be so brisk. 
Books in want-list ads fall into three classes: the rarities, which 
the boys would rather sell to their own customers; the mildly 
out-of-the-way, three- to ten-dollar books, for which you will 
actually get some quotations at prices running from the afore- 
said one to twenty bucks; and the common, which are not 

[ 129 ] 



THE ADVENTURES OF A TREASURE HUNTER 

worth a man's labor to find on the shelves, because he can't 
ask more than fifty cents for them anyway. 

In the middle category you will have some offers and can 
pick the most advantageous if the quoters have told you 
enough about the state of the book to allow a comparison. 

At the back of the weekly trade magazines, also, are lists 
of books for sale. So far as I can tell, these are much more 
eagerly scanned than the want lists. Every so often you find 
something you have long wanted, offered by someone who 
doesn't know or can't get what it's worth. However, the Books 
for Sale lists are always much shorter than the Books Wanted 
lists. 

Behind the pages of the book-finding organs are a bewilder- 
ing variety of book traders. Not only are there dealers who 
specialize in every subject you can think of I don't mean 
just medicine or science or literature, but specialists in chess 
books, in weight-lifting and strong men, in Utopian com- 
munities, in doll books, in Government documents, in cigarette 
cards but there are men who pursue these specialties in a 
dozen completely different ways, honest and dishonest. 

First in the chain of distribution are the "scouts." They are 
the footloose book-hunters who actually dig in people's attics, 
paw over other dealers' ten-cent counters, and put up with 
the officiousness of librarians. A scout has no store, possibly 
at most an attic or shed, and in many cases no stock. He is 
the most conspicuous example of a bookseller with no capital 
but knowledge. 

At first glance you might think he is purely parasitic; but 
far from it. Except for him, the books he finds in attics and 
libraries would mostly sleep like the dead. As for his pur- 
chases from other booksellers, he is famous for uncovering 
"sleepers." A sleeper is a fifty-dollar book priced at a dollar. 

[ 130 ] 



THE TRADE 

Most sleepers occur just because no bookman, except Wilber- 
force Eames (who began life as a bookseller's clerk), can hope 
to know everything. If I have spent sixty years learning to spot 
the word "Oregon" in Mexican pamphlets, I won't have had 
much time left to discover what books on archery command 
premium prices. Suppose I buy a library on hunting because 
it has some western Emigrant's Guides; I needn't be unhappy 
when a scout pulls out the archery or the fox hunting at a 
dollar a volume. I could no doubt go to Ernest Gee myself 
and get five dollars each, but I am or should be too busy 
figuring out how to realize five hundred apiece on the Emi- 
grant's Guides. 

If I let the scout live, furthermore, he will come back to me 
with the Northwest Territory manuscripts he takes off some 
junk cart. And I needn't be afraid he will go straight to my 
customer and cut me out, because 98 per cent of the time 
scouts sell only to booksellers and to each other. Having no 
capital, the scout can't afford distribution costs: he buys, cheap, 
whatever he knows a bookseller friend will buy from him. And 
he expects the bookseller to get at least twice the scout's price 
for what he buys. Of course there are exceptions. On a thou- 
sand-dollar item both the scout and the bookseller may be glad 
to make a quick hundred bucks for little work. A $25 book 
leaves little enough margin for anyone even if the scout gets 
the book free, considering the many days when he sees no 
book worth five cents. 

Some scouts operate through the book-finding magazines 
entirely, guiding themselves by the books wanted, and peri- 
odically cleaning house with a long for-sale list. 

Next after the scouts are the mimeograph booksellers. They 
very often have no shop except the back room at home; they 
may serve as their own scouts (which I and many others have 

[ 131 ] 



THE ADVENTURES OF A TREASURE HUNTER 

bad the time of our lives doing). Their chief asset is a mailing 
ist of customers, to whom they send out mimeographed lists 
?r catalogues periodically. That kind of business means some 
ipecialization so that one customer will eventually buy more 
han one book and it generally means a considerable share 
>f library sales. The mimeograph dealer can afford to quote 
ather lower prices than a man with high rent or expensively 
Minted catalogues. At the same time, really fancy rarities are 
lot constantly appearing on his horizon. The good, service- 
>ble, mildly uncommon books that libraries want make up a 
arge part of his store. 

The catalogue dealer is one step up the social ladder. With 
he present-day price of printing, any book he catalogues at 
*ss than a couple of dollars must be regarded as a loss leader, 
ven if he got it for nothing, as he very probably did, tossed 
i with some tidbit that he paid good money for. Furthermore, 
i setting his catalogue prices he must take into account that 
yen a catalogue made in heaven will hardly move more than 
[) per cent of the items it lists. Each book sold has to pay 
>r the cataloguing of one and a half books still on hand. 
Really good book catalogues are works of art, and some- 
mes downright bibliographical masteq^ieces. I have men- 
oned Ernest Wessen's Midland Note's. The old catalogues 
: ^ a S8 s Brothers in London find a ready sale among book- 
filers as reference books. 

What I think of the average book catalogue I have already 
id; for some reason I feel that an ignorant bookseller is 
ore insufferably ignorant than an ignorant grocer. The least 
; could do is to refrain from putting his ignorance into 
int. 

Many, perhaps most, catalogue dealers have a shop where 
istomers can get waited on, if they wait long enough. A shop 

[ 132 ] 



THE TRADE 

and walk-in trade bring a new set of problems. You have to 
keep a wider variety of books, many at prices that don't really 
pay for the overhead and handling; you have to deal with a 
lot of inquiries for the works of Plato in the Modern Library 
and other perfectly legitimate but financially unrewarding 
wants. If you keep a store, you tacitly agree to supply what the 
sidewalk customers ask for. In other words, you have a general 
bookshop (even though you may not carry new books) rather 
than a rare-book shop. 

I've had both kinds, and both have their rewards. So far as 
money goes, in recent years mine has all come from a steel 
cabinet beside my desk where I keep the cream of the crop. 
The yards and yards of shelving have been filled with stuff that 
came in through the transom, and I have been lucky when I 

didn't lose monev on it. 

s 

Some dealers specialize in subjects; some in methods of 
operation; and some in customers. The man with half a dozen 
big learned libraries or well-heeled collectors on his string 
naturally concentrates on them. His problem (even more than 
that of any antique dealer) becomes one of supply, not de- 
mand. As a result, he will probably charge higher prices, but 
work on a smaller percentage margin, than a dealer with a 
more varied trade. 

This tendency goes to its logical conclusion in the buying 
agent Nearly any bookseller will attend auctions for 10 per 
cent of the price on your successful bids; some booksellers 
specialize in the job. Obviously there's no living in it unless the 
items are big and profitable. Equally obviously there is no 
risk. 

The risk and hence the mark-up is smaller all the way 
through when you know that the Huntington Library lacks 
some $500 rarity and wants it badly. Just on suspicion you 

[ 133 ] 



THE ADVENTURES OF A TREASURE HUNTER 

probably couldn't afford to buy the thing at all. As it is, you 
go $400, and charge $550, The dealer with a general trade 
can't buck you for things you really want. 

I don't need to point out the business advantages you have 
in that way. But the customer gets advantages, too. He pays 
somewhat more for what he gets and he does get it. He is 
paying you for knowing what his collection still lacks, and for 
going out and finding it. He also knows that if there's any 
trouble, you will make good. Presumably, since you are his 
regular dealer, he is paying you to know enough and take 
enough care so that there won't be any trouble. I have always 
maintained that any collector, rich or starving, should pick a 
dealer he can trust, and trust him. A collector is likely to be 
quite old before he knows more than a competent bookseller 
about the books he collects. 

Auctions are another form of bookselling that takes various 
shapes. A hundred years ago American publishers used to sell 
their standard books at auction to the booksellers. One or two 
smart operators have also auctioned remainders. Now there are 
very few auctioneers who hold big sales of important books, 
with elaborate catalogues and publicity, at which booksellers 
and the mink-coat public are equally welcome. 

In England the book auctions are primarily for the trade, 
and the public, though not actually excluded, is not cordially 
invited. For that reason the dishonest "knock-out" system, 
prevalent in England, has never made much headway here. In 
this system the booksellers form a ring and set ridiculously low 
prices on the items they want; different members bid in these 
items, the other accomplices abstaining, and the whole crew 
divides the profit 

The big auction galleries almost always sell on commission 

[ 134 ] 



THE TRADE 

for consignors, though I have known rather fat parts of a con- 
signment to get lost temporarily and reappear, ownerless, in 
some later sale. 

Another kind of operation is the small-time book auction 
gallery that has grown up in the past twenty years. These 
dealers will handle nearly anything between covers; success- 
ful bids of thirty-five and fifty cents are commonplace, and 
the high spot of a sale may bring $150. The cataloguing, of 
course, cannot be elaborate, although it has to be passably 
good because a great share of the bids come in by mail from 
out-of-town buyers. The small galleries often buy their ma- 
terial outright, on speculation; they perform a commercial 
rather than a service function. 

Every so often somebody usually an amateur dealer who 
does not know how to price his books holds a postal auction, 
or perhaps he merely runs a books-for-sale ad: BEST OFFER 
TAKES. I don't know much about these; I've always been too 
busy trying to buy and sell books without doing somebody 
else's pricing for him. And you always have an uneasy sus- 
picion that unless the bids are extravagant, the books may 
sit right where they are, best offer or no. 

One last reason why I call the book trade a disorganized 
and smooth-running machine is that booksellers are apparently 
always taking in each other's wash, finding a sleeper here, 
selling it to another dealer, back and forth, as if private cus- 
tomers were the last thing in their minds. But eventually the 
book reaches the dealer who has the customer. 

Now, where do books go? They go from publisher to book- 
seller to customer to junk man to scout to dealer to dealer to 
dealer ... to customer, and sometimes to one of the 2 per 
cent of libraries where the librarian knows what he's doing. 

The process takes time, sure; but rare-bookselling is almost 

[ 135 ] 



THE ADVENTURES OF A TREASURE HUNTER 

the last remaining trade with the charm of leisure. It isn't a 
hurried man's calling, any more than it is a lazy man's. 

That, roughly, is how the trade operates. As to how a trader 
should operate, what I consider the very foundation of suc- 
cessful rare-bookselling may seem to you a rather childish 
attainment I mean knowing the mere physical appearance of 
wanted books. With all the reference volumes in the world 
but without a trained eye and a keen memory, you had better 
sell coal instead of books. 

Even in my old age I can call titles off a bookseller's shelf 
(unless, of course, they have been rebound) from at least 
twenty feet away. Between sheer memory and an eye for 
physical appearance, you can go a long way with almost no 
other equipment 

One day when I was roaming Fourth Avenue, seeking what 
I might devour, I saw a pamphlet in the window of a man 
named Deutschberger. On the plain outside wrapper someone 
had hand-lettered "Nfr. H." 

Just a week before, I had been religiously studying, as was 
my habit, the new catalogue of George D. Smith, perhaps the 
greatest American book merchant of all time. Fresh in my 
mind was his full-page description of the first play by Charles 
Lamb printed in America. Mr. Smith's price was five hundred 
dollars; Deutschberger's was fifty cents. I hired a barkeep 
friend to buy the pamphlet for me, lest Deutschberger get ex- 
cited. 

Happenings like this lend a double point to my friend Frank 
Dobie's words of wisdom: "Luck is being ready for the 
chance." After four hours of the most astute and intensive 
dickering I sold Mr. H. for $350 to my very close friend Evert 
J. Wendell, the brother of Barrett Wendell. 

[ 136 ] 



THE TRADE 

I presume the pamphlet was part of the eight carloads of 
books that Mr. Wendell left to Harvard. When he died, I 
missed our interminable sessions of haggling more than you 
would believe. In addition to the drama collection that was his 
main interest, he had a strange weakness for Laurie Todd, 
a famous seedsman of early nineteenth-century New York. I 
bought one of Todd's diaries at an auction for a dollar, 
penciled $10 on the back of it, and threw it in the bin reserved 
for Mr. Wendell. 

Mr. Wendell came in around nine at night, as he generally 
did, and I pointed out the Todd diary. 

"Bully!" cried Mr. Wendell. "How much?" 

"I didn't pay much for it, E. J.," I said, "so you can have 
it for fifty dollars." 

An hour later we had agreed on a price of twenty-five. 

"I always wanted to show you you weren't so hot as you 
thought, E. J.," I said. "Look on the back for my selling price." 

"Now what do we do?" 

"Now we go to Keen's Chop House, and you buy me fifteen 
dollars' worth of dinner," I said. 

Nobody was ever less mean with money than Mr. Wendell. 
He cared nothing about prices; he wanted the fun of dickering. 

Marshall's portrait of Lincoln is one that you see almost 
everywhere; most dealers sell it for around ten dollars. Per- 
sonally I think it is a horrible thing, but I somehow found 
myself with sixty-two copies. Mr. Wendell saw them on one 
of my tables, decided to give them away to his friends, and 
asked how much. 

"Oh," I said, "take the lot for fifty dollars." 

*C. P.," he said, "that's the first time I ever found anything 
cheap in your store." And he bought them. 

Two or three weeks later I needed a copy to give away 

[ 137 ] 



THE ADVENTURES OF A TREASURE HUNTER 

myself, and I phoned Mr. Wendell to ask if he would let me 
have one back. 

It was three days before the engraving reached me from Mr. 
Wendell; and when I opened the package, I found a bill from 
Fridenberg, the print-seller, for ten dollars. Mr. Wendell's 
collection had long since overflowed from his house into a 
warehouse, and he was quite unable to find one of his own 
sixty-two copies. From what I know of college libraries, the 
sixty-two are probably still tied up in brown paper in the 
basement of Harvard University. 

One of the pleasantest and almost unvarying routines in 
the rare-book world is that by which you go into a store, ask 
the bookseller if he has anything new, to which he usually re- 
plies no, sit down, and begin passing the time of day. Mean- 
while, however, your eyes are wandering around the shelves. 
(Memory again.) 

In nearly every store you will sec a set of Appletoris En- 
cyclopedia of American Biography, bound in red cloth, in six 
volumes. It is worth about three dollars a set. But if you can 
count as high as seven, and there is a seventh volume, the 
value of the set is multiplied by about ten. 

Again, take what is still unquestionably the best book on 
early American manufacturing: J. Leander Bishop's History 
of American Manufactures. In my younger days I used to buy 
the two-volume set for about fifty cents. Nowadays I am lucky 
if I can occasionally find a set to sell for twelve dollars. But 
here is the joker. Volumes one and two were issued succes- 
sively; then the Civil War intervened; finally a volume three 
was published. Actually the extra material in volume three does 
not offer very much extra information, but it raises the price 
of the set to thirty or forty dollars. 

[ 138 ] 



THE TRADE 

It often happened when volumes of a set were published 
one after another that the subscribers would dwindle away, 
and the last volume would be printed in a much smaller edi- 
tion than the early ones. 

A very striking example is the bound volumes of Niles' 
Weekly Register, which began publication in 1811. It is an 
extremely important historical source; I might be tempted 
to call it the Time magazine of its day, except that it was 
written in English. The complete file runs to seventy-three 
volumes, of which the first forty or fifty are reasonably 
common. 

The last fifteen volumes, which were printed in a larger 
format than the previous ones, are practically impossible to 
find at any price. These volumes contain many narratives of 
Western travel that have never been reprinted in books or any 
other form. You will find a good many of them listed in the 
Wagner-Camp bibliography, The Plains and the Rockies. And 
remember, the larger physical size is the tip-off. 

In the Antiquarian Bookman of June 3, 1950, Jacob Blanck, 
one of our really great living bibliographers, quotes the fol- 
lowing about book collectors from the Indiana History Bul- 
letin: 

The state of Indiana owes a good deal to its collectors. 
These are the men and women who gather up written 
records, artifacts, pictures, and museum objects and pre- 
serve them against loss, dispersal or neglect. ... By 
putting a monetary value on the oldest and scarcest 
printed and written materials that were produced here, 
they have made other people more careful about what 
they throw away or neglect. Drawn from attics, base- 
ments, barns and bookcases, are pamphlets, books, broad- 

[ 139 ] 



THE ADVENTURES OF A TREASURE HUNTER 

sides, maps, letters, diaries, ledgers, deeds, etc., that 
help reveal the story of early Indiana. 

Those words, in my opinion, apply almost entirely to book- 
sellers rather than book collectors, and I will bet that if the 
Indiana Historical Society checked over its acquisitions, it 
would find that at least 75 per cent had come from booksellers 
such as Clark and Smith of Cincinnati, Ernest Wessen, Wright 
Howes, and their fellows. Rescuing from garrets and barns is 
almost never done by collectors; booksellers do it. 

Here is a letter I had from Wessen some years ago: 

Mrs. Wessen and I were returning from a visit to the 
folks in Maine, and dropped in at a scout's home near 
Mansfield. He greeted me with the query as to what I 
would pay for the original account books of a grist mill, 
run in Belmont County, Ohio, in the year 1747, A hell 
of a question, for there was no grist mill in Ohio at that 
time ... no Belmont County . . . no Ohio, if you 
please. He brought forth a Hell of a leatherbound tome, 
which seemed to indicate that it was the records of a 
mill somewhere in England. I afterwards found out . . . 
Plymouth, England. 

I didn't want it, but wanted to keep him sweet so I 
bought it for the seemingly atrocious price of $40.00. 
Stuck between its leaves that night I found a letter from 
Henry Knox appointing one Josiah Fox as Chief Clerk of 
the Navy, but . . . giving Fox to understand that he 
would have charge of the design of the frigates about to 
be built . . . 1794. Then were found a few random 
sketches of parts of naval vessels. 

The next morning ... five o'clock to you, you New 
York stay-abed, I was at the scout's house, but could ob- 
tain no information from him. "Yes, at a Hell of a price," 

[ 140 ] 



THE TRADE 

he said, there was a lot of material to be obtained. That 
night he showed up at my house, and got us out of bed 
around midnight with two large cartons filled with more 
papers "about the mill." About the third paper I opened 
happened to be a letter from Paul Revere bidding on the 
"copperwork" on the frigate to be built at Boston . . . 
"OLD IRONSIDES." We paid our man off, and Mrs. 
Wessen and I sat up all night going through the stuff. 
All night? Until three P.M. the next afternoon with an 
occasional bottle of beer and a sandwich served by our 
then tot Ruth. 

Here beyond all doubt were, in small part, the papers 
pertaining to the construction of the first U.S. Navy . . . 
authorized in 1794 . . . and though at that time I knew 
not one damned thing about the history of that first 
Navy, I had to go to work. 

But . . . back to the scout . . . The next day I was 
again at his cloor stirring him into action. He hadn't the 
slightest idea as to what had turned up, but drove off 
and came in a few hours later with another couple of 
cartons . . . and there he made his mistake. For here 
again was but a tantalizing fragment of a whole which 
I knew must exist somewhere in Ohio. 

However the address labels on these second-hand car- 
tons all clicked. That evening I went to him, and said: 
"Either you go down and buy the entire lot tomorrow, or 
I shall/' "How to Hell do you know where they are?" 
he asked. I took a long shot and named the addresses on 
the labels of those cartons . . . and clicked! 

That afternoon I went to the bank and got all the cash 
the Wessens possessed. The next morning at 6 A.M. I was 
at my man's house; picked him up, and we went to 
Belmont County . . . where I met a delightful old 
Quakeress Anna Fox, the grand-daughter of Josiah . . . 

[ Ml ] 



THE ADVENTURES OF A TREASURE HUNTER 

and the old lady remembered him vividly. Got some 
young relatives to come in and attest to her qualifications 
to transact business . . . for she was in her nineties. 
Then we started to comb the house. Bought all loose 
papers, and, as we were leaving the attic I saw rolls of 
paper . . . "Wallpaper remnants," she assured me, but 
I was seeing everything. They turned out to be the 
original draughts of not only the CONSTITUTION and 
her sister ships, but the CONSTELLATION, and Fox's 
famous WASP and HORNET, and his equally infamous 
CHESAPEAKE, in which (at the demand of the Navy 
Department) he had gone back to the English style of 
construction. 

Now for research ... I found that a man who had 
never gone to sea ... a man who in twenty years had 
never built an outstanding ship . . . Joshua Humphreys 
of Philadelphia . . . was accredited with designing the 
notable CONSTITUTION and CONSTELLATION 
. . . and despite great activity then and there* dropping 
out of sight, while my man Fox went ahead to design 
the truly beautiful WASP and HORNET as well as other 
ships. 

You don't handle old books very long before you become 
conscious of scouts, the usually impecunious middle-middle- 
men who pull the books out of attics and sell them to book- 
sellers. It seems like an almost foolproof business because there 
is no overhead and seldom much investment. Nevertheless, 
scouts, like horseplayers, usually die broke. Their trouble is 
that instead of taking a profit and being satisfied, they con- 
stitute themselves a sort of walking auction. They go to one 
bookseller, get an offer of five dollars for a book, and then go 
to another with a request for six. 

One of the worst offenders I have known was a former 

[ H2 ] 



THE TRADE 

letter carrier who built up quite a business by always asking, 
as he left the morning mail, whether there were any old books 
in the house. 

This man was constantly using my offers to start the bid- 
ding. I was also annoyed with him because he once came to 
me with what looked like a rather important lot of Andrew 
Jackson letters, for which he wanted three hundred dollars. 
When I looked them over, they were not nearly so important 
as they should have been. I asked, "Are you sure you haven't 
got any more of these?" 

"No, that's all." 

I found he was telling the literal truth when I went to a 
friend's shop and discovered a hundred really important Jack- 
son letters addressed to the same person as those I had. My 
friend had picked out the good ones first, leaving the mailman 
only the froth for me. 

The reason why scouts go broke because of their peccadil- 
loes is that eventually such behavior almost always gives the 
victims a chance to get even. I had my chance when my sharp- 
shooter friend rushed in with a like-new copy of Beck's 
Gazetteer of Illinois, the first statistical summary of the young 
state. 

"Can I use your American Book Prices Current?" he said. 

Willing to save him a trip to the public library, I said, 
"Help yourself." 

He thumbed through it industriously, then emerged with 
shining face. "The last copy sold in here brought thirty dollars," 
he announced. "Will you give me twenty for this?" 

It happened that the previous week I had been at a sale 
where a copy not as nice as this one had brought $350, so I 
said quietly, "Yes, 111 be glad to." 

Not long afterward the sharpshooter was in again, not so 

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THE ADVENTURES OF A TREASURE HUNTER 

shining-faced this time. "Did you know that a copy of Beck's 
Illinois Gazetteer had just sold for three hundred and fifty?" 
he demanded. 

"Sure I knew it," I said, "and, furthermore, the copy I got 
from you I sold for four hundred and fifty. I've put up 
with you for ten years, and I suggest that this close our deal- 
ings." 

Some scouts don't chisel and don't go broke. One scout 
named Barrett came into my store on 34th Street. "I've always 
done all my business with libraries," he announced. "I've never 
sold a book to a bookseller. Now I'm looking to see if I can 
find an honest one." 

"That's asking too much, Barrett," I said, "but you may find 
me 50 per cent honest, which is way above the average." 

He kept his good stuff and good is a mild name for it in 
a furnished room in Harlem. With people like him I would 
rather work backward from the answer in pricing books. As I 
laid down each volume, I would say, "I can get so much for 
this." Then we added up the figures. "Now, are you willing to 
let these go for half the retail price?" Barrett said he would be 
delighted, and for twenty years I was the only bookseller he 
ever dealt with. 

When he reached the age of eighty, he acknowledged to me 
that he had five hundred dollars in the bank for each year of 
his age, and he thought that was altogether too much for a 
man with no family. So he stopped scouting for books. 

Considering that scouts really have nothing whatever to live 
on but their knowledge, they slip up rather often. One 
slightly shifty-looking character whose name I never did learn 
used to bring me standard books at attractive prices for a 
number of years. Finally he arrived with a lot that he sold 
to me, and then pulled out of his pocket a copy of William 

[ H4 ] 



THE TRADE 

Fleming's Indian Captivity in German, printed at German- 
town, Pennsylvania, in 1756. "I won't sell you this until I've 
investigated," he said cautiously. 

Perhaps I am being unkind to his knowledge. But how the 
hell could he investigate a book of which no copy had ever 
been sold? 

I wasn't going to break my heart over this, and anyway 
within a couple of days I was carried off to the French Hos- 
pital. Here I was roused from my bed of pain by a phone 
call from Harry Alpern, my man Friday. "That guy is here 
again with his Fleming," he said, "and he wants twenty bucks 
for it." 

"Why the hell don't you give it to liim and stop bothering 
me?" I replied sweetly. 

Or if I was not sweet, I should have been because the 
Fleming paid for my entire stay at the hospital. 

Here, incidentally, is an object lesson to show that rare- book 
prices do not always rise constantly until they reach the 
stratosphere. I have long thought that, with two possible ex- 
ceptions, Indian captivities were deadly dull reading, and a 
pure waste of paper to print. Apparently the collecting public 
is coming around to my view, because later at auction the 
German Fleming brought less than a third of what William 
H. Duncan had paid me for it 

Nevertheless I have a pleasant memory connected with 
another batch of Indian captivities. A woman came into the 
store one day with eleven of them, all the seventeenth- and 
eighteenth-century New England rarities. 

She asked rather stiffly, "What will you give for these?" 

"Don't go so fast," I said. 'Tell me the story about them." 

It developed that she had just bought an old house and 
had found these pamphlets under the eaves in the attic. She 

[ 145 ] 



THE ADVENTURES OF A TREASURE HUNTER 

decided that she could use a new hat, so she took the lot to 
some bookseller on Cornhill in Boston. He offered five dollars, 
but she had her heart set on a ten-dollar hat. 

She next went to Washington Street, where an offer of fifty 
dollars scared her. Then she went to the dealer whom she 
should have called on in the first place, and got an offer of five 
hundred dollars. 

This really did scare her, so she went first to the Boston 
Public Library, then to the New York Public. They sent her 
on to me. 

I mentally priced the eleven pamphlets and struck a total. 
"I can get $1250 for these within a very short time," I said. 
"How much are you going to let me make for being honest and 
telling you the truth?" 

She said $750 would do her very nicely. As she was putting 
away my check, she said she could probably get several ten- 
dollar hats now 

Every time a group of booksellers gets together and starts 
telling stories, somebody chirps, "It can't happen now/* 

This makes me wild. You may not be able to buy a Bay 
Psalm Book at auction for fifteen shillings the way Henry 
Stevens did, but even now some old family with connections 
among the great of past centuries has a fit of housecleaning 
at least once every year. 

Not more than ten years ago I was on Federal grand jury 
duty. During the lunch hour I wandered down Vesey Street 
and stopped at a junk shop. Blowing around the floor were 
some old documents. I noticed one dated Sari Francisco, 1846, 
so I started seriously assembling more. I gathered up 181 
papers, and asked the proprietor how much. 

He was a damn robber, or more likely thought I was, so 

[ 146 ] 



THE TRADE 

instead of admitting that he would take a dollar, he said, 
"Thirty dollars." 

I grinned and handed him $30. 

I catalogued the lot of documents very elaborately at $1000. 
There were items like the six-month struggle to raise $600 for 
a schoolhouse, and the contract with a schoolmam for $600 a 
year, unless they could not raise that much, in which case 
she was to take whatever they had. 

The catalogue was simply swallowed up; not a peep about 
the San Francisco documents. So I catalogued them again, at 
the same price, this time with a headline: Is THE WHOLE STATE 
OF CALIFORNIA BROKE? 

This finally brought a San Francisco lawyer to the store. He 
asked if the documents were as good as I had painted them. I 
said they were a damn sight better. 

"Well, send them to Bolton, the state librarian. If he likes 
them, I'll send you a thousand dollars." 

Within a few days I had his check, and a letter from Bolton: 
"How did these things get to Vesey Street? They belonged to 
our first San Francisco newspaper editor, and he was run out 
of here for being a Mormon, and died in South Carolina/' 

I don't know how the papers got to Vesey Street; I do know 
that it keeps happening all the time. 

During the scrap drive, around 1942 or so, a junk man came 
into my shop with a carton of old papers someone had given 
him to cart away. I glanced at them, and surprised him very 
much by giving him twenty-five dollars. 

The papers were diaries and other records of John Pintard. 
Pintard was a promoter and liver-by-his-wits who flourished in 
the late eighteenth century, spending his time alternately in 
jail and contributing lavishly to worthy causes. He was one of 
the chief founders of the New York Historical Society and 

[ 147 ] 



THE ADVENTURES OF A TREASURE HUNTER 

the (Episcopal) General Theological Seminary. The New 
York Historical Society published all of PintarcTs papers they 
could find some fifteen or twenty years ago, in four stout 
volumes. 

These papers were ones they had not found, including, as 
I say, two diaries. 

I called up Miss Dorothy Barck, the librarian of the New 
York Historical Society. "If you want to see the Pintard papers 
you're missing, you'd better get over here." 

"Give me ten minutes/' 

Each time she picked up a paper, she exclaimed, "This one 
I've got to have!" There were none left over. Finally she said, 
"How much?" 

"Seven hundred and fifty dollars, seeing it's you." 

''Well take them, but well have to hold a meeting." So I 
sent them over. 

Some days later she called up. "It's all right; send us a bill 
for seven hundred and fifty. But I don't mind telling you that 
Mr. Wall thought the price was outrageous." 

I've been sorry ever since I didn't charge him $2500. 

Just a few weeks ago I called on my friend and neighbor 
Carol Cox, the East 59th Street bookseller, who handed me 
three or four old deeds. Deeds are poison to booksellers, partly 
because most of them are of no intrinsic interest and partly be- 
cause there is almost always an original filed with some county 
clerk. These particular papers were dated 1797, and all I 
could make out by inspection was that they referred to some 
large tract in western New York. There was a large water- 
color map showing the terrain. I also noticed the signature 
of Alexander Hamilton on the outside. 

The papers meant little to me or Cox, but I knew that 
R. W. G. Vail of the New York Historical Society (Mr. Wall's 

[ 148 ] 



THE TRADE 

successor) had western New York history at his fingertips, so 
I took a taxi over to show him the deeds. 

Dr. Beekman, the president of the Society, was there, and 
he explained that the Society had no money. This is a perma- 
nent trouble of every library I have ever known, so I went 
right ahead and laid the deed on VaiTs desk. 

He said to Dr. Beekman, "I think this is a document we have 
to have; well take it up at the next meeting.*' 

I picked a price out of the air, and then asked Mr. Vail 
what he had bought. 

He wrote me the following note about it: 

This was the corrected and final deed for the so- 
called Chassanis Purchase of 200,000 acres in Saint 
Lawrence and Franklin Counties in 1797. This is the 
original deed for one of the great land purchases of the 
late 18th century in New York State. The land was bought 
for the settlement of refugees from the French Court at 
the time of the French Revolution. Many of these un- 
fortunate people who had never worked with their hands 
in their lives arrived on the purchase in the dead of 
winter, with storm and snow and the thermometer be- 
low zero, to live in log huts under primitive frontier 
conditions. Needless to say, the original plan of the 
purchase was a failure but the land was later settled 
and cultivated by hardier stock more familiar with farm- 
ing in a bleak climate. 

There are almost no printed sources concerning this pur- 
chase. Mr. Vail told me that the Massachusetts Historical So- 
ciety had the diary of one of the settlers, and that is almost 
all the material that exists. 



[ 149 ] 



THE ADVENTURES OF A TREASURE HUNTER 

For some obscure reason, and despite everything I believe 
to the contrary, the best buys I have ever made were the things 
I knew nothing at all about. 

An old Austrian called me up from Morningside Heights. 
He said he had been in Mexico with the Emperor Maximilian 
and that he had twenty-two hundred volumes in various lan- 
guages relating to him. 

I went up and looked them over. I asked him what he 
wanted for them, and he made the customary reply, namely, 
that he had been offered $2500. 

I took my hat and bade him a cordial good day. 

The next morning he telephoned to ask what price I had in 
mind. For some reason or no reason, I said, "Three hundred 
dollars." 

"Come and get them." 

I, like the usual librarian, put the collection down in my 
huge cellar on 34th Street. 

A member of the New York Public Library staff, Dr. Victor 
Hugo Paltsits, one of this country 's most learned librarians, 
was washing his hands in my downstairs washroom. When he 
came up, he asked what that junk was downstairs. I said I 
didn't know. 

He asked what I wanted for it. 

I said three thousand dollars. 

He asked how I arrived at this figure. 

I said because I had paid three hundred. 

Dr. Paltsits said, "All right, 111 buy them, if you'll bill them 
at so much per volume, and let me return any items that we 
already have." 

As I was packing the books and thus really discovering 
for the first time what they were I noticed several items that 
struck me in my ignorance as quite valuable, such as a com- 

[ 150 ] 



THE TRADE 

plete three- volume file of the daily newspaper that was printed 
for the Austrian monarch during his unhappy reign in Mexico. 
But, knowing the New York Public Library's unrivaled col- 
lections, I was sure that all the real rarities would duplicate 
what the library already held. 

When I went in to settle accounts with the library treasurer, 
he said, "Everitt, this is preposterous. At this per-copy rate we 
are supposed to be paying you eighteen hundred, and every 
single rarity in the lot is a duplicate. What are you going to 
do about it?" 

"I'm going to collect eighteen hundred and my duplicates," 
I said. 

The treasurer stepped into the next room and returned 
with a check that had obviously been made out some hours 
before. 

You never know what you have until after you get rid of it 
My old friend Harry Stone once raided a famous West Side 
mansion in New York and laid his claws on a great many 
rarities. One of them was Captain Bligh's own manuscript 
of the mutiny on the Bounty. He sold it to me for fifty 
dollars. 

I piously wrote to the British Museum, saying that, seeing 
it was them, I would let them have this for a hundred and fifty 
pounds. 

About two months later they replied that they had no 
money. (After all, they had the printed book!) 

Another dealer friend, John Loomis of Lowdermilk's, Wash- 
ington, offered me five hundred dollars, and my enthusiasm 
had flagged enough so that I took it. 

Shortly afterward an Australian librarian to whom I told my 
story said, "Well, I don't know anything about it, but if it's 

[ 151 '] 



THE ADVENTURES OF A TREASURE HUNTER 

the real thing, I wouldn't mind giving five thousand quid for 
it." 
John had sold it by then. 

America has never had a really great bookstore. For a long 
time the owners of Leaiy, Stuart & Company in Philadelphia 
tried hard to put their store into that class. Percy Wilkins, the 
manager, had a wider general knowledge of old books than 
anyone in the country except Sam Dauber; and while Wilkins 
was running the store, it was the most famous old-book place 
in America. Now it is less than a shadow. 

One of the last times I saw Wilkins, I poked around down- 
stairs without finding anything; then I went up to sec him. 

"Did you notice that folio on the floor downstairs?" he asked. 

"No," I said. 

'"Well, I think you'd better have a look at it." 

So we went downstairs. The folio was the well-known album 
of Catherwood's illustrations for John L. Stephens^ Central 
American Travels. In those days it was a good, standard 
twenty-five dollar item. The peculiarity' of this one, however, 
was that it had been very beautifully hand-colored. It was 
marked $40, which meant $36 net to me, and I hastily paid 
up. Afterward I discovered a note somewhere, saying that 
Catherwood himself had hand-colored ten copies of the 
album. 

At any rate, I was just about to leave Leary's, feeling I had 
done a good day's work, when Warner, the manager of the 
Americana department, put a hand on my sleeve. 

"I've just had some rotten luck with a rare book," he said. 
"Here's a copy of Jefferson's Notes on Virginia, but it hasn't 
any title page." I supposed all booksellers knew that this vol- 
ume, issued in Paris, had never had any title page, and I 

[ 152 ] 



THE TRADE 

thought Warner was kidding me. I paid no further attention, 
and started to leave. 

"Here, will you take this cripple for two dollars?" he called 
after me. I accommodated him, adding $448 to my day's clear 
profits. 

Percy Wilkins was not in on that transaction. I am reminded 
of another Percy, my friend Percy Loring, beloved of a genera- 
tion of the publishing trade, who was once poking around on 
the fifty-cent stand of a New England bookstore, where he 
found a rather nice first edition of Moby Dick. Percy had 
heard of about three old books, and that happened to be one 
of them, so he invested four bits. 

This particular store was constantly advertising for a first 
edition of Moby Dick, so Percy waited two or three days, until 
he had covered the rest of the trade in the town on his selling 
trip, and then marched up to the proprietor of the store. "I see 
you are looking for a first edition of Moby Dick" he said. 

"Yes, I am. How much do you want for this one?" 

"Three hundred and fifty dollars," Percy said 

After a considerable amount of Yankee trading, Percy real- 
ized that the bookseller could not afford to pay more than $300, 
and since the man was an old friend, he let him have the 
book. 

I feel entitled to say that we have no really great book- 
store in America, because I have known three in Great Britain: 
Francis Edwards *s in London, Basil BlackwelFs in Oxford, and 
James Thin's in Edinburgh. 

The first time I went abroad Lathrop Harper wrote to warn 
Edwards of my coming visit. 

I was welcomed by a delightful little man about five feet 
four, who said, "When you get through here, will you do me 
the honor to take lunch with me?" He then introduced me to 

[ 153 ] 



THE ADVENTURES OF A TREASURE HUNTER 

all his department managers, telling each one, "This is Mr. 
Everitt, on his first trip here. Mr. Harper tells me he knows a 
good deal about Americana. I want you to make any price con- 
cession you possibly can if he finds something that interests 
him." 

Nearly the first thing I laid my hand on was the undated 
first edition of Herndon's Life of Lincoln, which was priced 
ten shillings. This put my mind at rest about prices. I did dis- 
cover that the various volumes of early American travels, in 
accordance with what I found later to be the prevailing 
British practice, were marked somewhat higher than was our 
habit in America. In those days not even Edwards himself 
had had any opportunity to become familiar with Western 
Americana. The trade overpriced the early travels, from our 
point of view, because their only contact was with American 
tourists in London, who felt sure they must be getting a bar- 
gain from some ignorant Englishman, and readily paid what- 
ever price was marked. 

After I had worked for three hours with Mr. Love of the 
Americana department, Mr. Edwards took me to lunch at his 
club. He was a delightful companion, and talked practically 
every moment; books were not mentioned once. What really 
interested the greatest bookseller in London was prize fighting. 

You may be surprised at my calling Francis Edwards the 
greatest bookseller in London. There are, as a matter of fact, 
half a dozen shops with a more valuable stock, and very astute 
merchants too; but they are all more or less specialized. At 
Edwards's you can get anything. 

I am almost tempted to relent and include Maggs Brothers, 
because after Mr. Ernest Maggs took me out to lunch and 
offered me unlimited credit (which I was densely foolish 
enough not to use), he asked what I was going to do next. 

[ 154 ] 



THE TRADE 

Tve never really looked at a guide to London," I said. 

"Oh, fine, I'll send one over. Do come in again." 

And within a few minutes a special messenger arrived at my 
hotel with a guide to London, billed at one shilling less 10 
per cent. 

The next great British bookstore I saw was James Thin's in 
Edinburgh. The place is a veritable warren with not thousands 
but hundreds of thousands of volumes, new and old, all neatly 
classified. 

Or almost all. On a later visit when Sam Dauber and I had 
been combing the place, Sam went downstairs to wash his 
hands. He came back up, saying, "There's a whole room down 
there that we never discovered." 

I went down with him. The main thing that attracted us was 
seventeen folio volumes in red morocco, simply marked, 
"Maps." 

Blowing and brushing off the dust of decades, I pulled 
out one volume. From it I deduced that somebody had spent 
a lifetime buying atlases from the sixteenth century on, 
and had then torn them apart and reassembled the maps 
to form consecutive volumes on various continents and locali- 
ties. 

We went up to Mr. Thin and said, "What are those old maps 
downstairs?" 

"I haven't the slightest idea," said Thin. "Let me look at my 
records." 

Finally he reported: *1 gave fifty pounds for those, twenty- 
one years ago. As far as I can discover nobody has ever looked 
at them or touched them since. Would you like to give me 
seventy-five pounds for them?" 

When I unpacked them in New York, Albert Johnston came 
in and pounced upon them. 

[ 155 ] 



THE ADVENTURES OF A TREASURE HUNTER 

I sold them to him, or at least I had his check, and the books 
disappeared from my store. Afterwards Mr. Johnston could 
never remember having them. All I know is that I wish I could 
find them and buy them back for what he paid me. 

A few blocks from James Thin's is the shop of John Grant, 
in George Street. Grant deals primarily in remainders and re- 
prints, but he has a few thousand old books, which seem to 
come in through the transom of practically all bookstores in 
spite of the best efforts to keep them out. On one trip, when 
I was chaperoning my friend Ernest Dawson's Glen, who was 
abroad for the first time to buy books, we poked around in 
Grant's for hours. 

There was one set of bound pamphlet volumes marked 
Civil War, which I had seen at least a dozen times. I had 
flashed them without discovering anything whatever to make 
them worth the nine guineas I found marked inside one of the 
covers. But Glen was buying a lot of stuff his father's prin- 
ciple was, "I don't know anything about books; 111 buy any 
book that looks cheap to me" and I thought I might as well 
fill in the time by really looking through the pamphlet volumes. 
My bored persistence revealed what previous quick glances 
had not, namely, a copy of Scripps's Life of Lincoln, printed 
in Chicago. The peculiarity of this is that Scripps's Lincoln 
printed by the New York Tribune is a fairly common pamphlet, 
and was long regarded as the first campaign biography of 
Lincoln. Then somebody discovered that there had been a 
Chicago edition a few months before the Tribune one. Now 
the New York edition may be worth $15, and the Chicago 
edition, $250. 

I had just finished going through the volumes in an unavail- 
ing search for any further hidden plums when Aiken, the 
manager of the store, came by. 

[ 156 ] 



THE TRADE 

"Here, Event!," he said, "why don't you buy these Civil 
War pamphlets?* 

"I don't want to buy them," I said. "I see you've got them 
marked nine guineas. Ill give you five for one pamphlet." 

"Which one?" Aiken asked. 

"Ill tell you that after you've said yes or no," I retorted. 

Aiken called out to Mr. Grant, "Mr. Everitt wants to give 
us five pounds for one of these pamphlets, but he won't say 
which one." 

"Neither would I, under the circumstances," said Grant. 
"Let him have it." 

At long last, as I was paying up, Glen announced that he 
was through. He had in his hand a folio that he thought I 
might possibly use. It was marked seven shillings, and con- 
tained seventy-one newspapers. Some screwball had formed 
the eccentric notion of collecting English and Irish newspapers 
that announced the outbreak of the American Revolution. 

"How about this?" I asked Aiken. 

"Oh, you've spent quite a lot of money, take it along," he 
replied. 

"No, I want to buy it. How much?" 

"Well, give me six shillings, if you must." 

This far my conscience compelled me to go, because I sus- 
pected correctly that I could find some foolish collector 
of Revolutionary material who would pay me ten dollars per 
newspaper. 

I have no very exciting stories to tell about Basil Blackwell, 
but he probably does not mind, since I read in the New Yorfc 
Times the other day that he had just paid the largest income 
tax of any retail bookseller in Britain. 

One of the great specialist booksellers in London is a firm 
whose name I will not mention because I haven't the slightest 

[ 157 ] 



THE ADVENTURES OF A TREASURE HUNTER 

idea whether the following rumor about their establishment in 
London is true. According to the rumor, a butler from a neigh- 
boring great estate marched in one day and said reproachfully 
to the proprietor, "You didn't keep your appointment to come 
and look at the master's library." 

Our man, quick-witted as always, said, "Oh, I'm terribly 
sorry was it today? I made sure it was tomorrow. Ill go 
straight along." 

The rumor has it that he paid five hundred pounds for the 
library, and eventually took a hundred thousand pounds out 
of it. 

When Mr. and Mrs. E. Joseph of Charing Cross Road died, 
I lost two of my best friends. Old Jo, starting out as a "barrel 
man/' had become an outstanding bookseller, with one of the 
best retail locations in London. 

The south side of his store was, and is, a large brick wall 
with shelves open to the public. When clerks are not watch- 
ing, passing dogs frequently use the lowest shelf for practical 
purposes. 

Not to digress, I think more than 50 per cent of all the 
sermons I have ever heard were written with the help of what 
clergymen call "homiletic aids/' (In school we called such 
things "ponies.") Among the most famous aids is a set of 
twenty-one large volumes known as "Simeons" Simeon's 
Skeletons of Sermons. For many weeks a set of those skeletons 
was on old Jo's lower shelf. Some weeks after it disappeared, 
I was gabbing with old Jo when a country clergyman marched 
in. 

He said he was now the owner of Mr. Simeon's sketches, 
but when he put the set in his library, he began to notice a 
terrible odor. 

[ 158 ] 



THE TRADE 

Said old Jo, without a smile, "My dear sir, did you not 
know that you were buying a set of dogmatic theology?" 

Some rare-book cataloguers are almost as fond of describ- 
ing their treasures as "unique" as they are of saying, "Printed 
in a limited edition of only 150 copies, of which this is Number 
76." My reverence for these statements has diminished some- 
what with the years. Once, about the time when I was entering 
the book business, some learned printer in Edinburgh re- 
printed a limited edition of an actually unique Indian primer. 
Only fifty copies were printed. It said so right on the back 
of the title page. Accordingly, the reprints should have been 
nearly as hard to come by as the original. Some years later 
when I was going abroad, Marshal Saville of the Museum of 
the American Indian asked whether I could possibly find him 
a copy of the reprint. I had no hope whatever of success, but 
promised to try anyway. 

After a three-hour session with Mr. Aiken of John Grant's, 
I wandered down the street and paused by the shilling stand 
of a neighboring shop. There was a brand-new copy of the 
primer in a paper wrapper. 

It really looked too good to be true. I therefore took my 
friend inside the shop, handed over my bob, and asked the 
proprietor if he had any more copies, because I would like to 
buy them all. 

He went into the back room, poked around, and returned 
with the news that he had 172 copies, on which he would make 
me a special rate of sixpence a volume. This broke the market 
in Indian primers, so that I was able to pay only a measly half 
of my trip to Europe from the proceeds. 

In the early part of this century one of the most celebrated 
publishers of limited editions in America was Elbert Hubbard 

[ 159 ] 



THE ADVENTURES OF A TREASURE HUNTER 

of East Aurora, New York. He called his plant the Roycroft 
Shop, and made a great to-do about handwork and tiny edi- 
tions. Hubbard was the first and, I trust, the last person 
who ever succeeded in persuading anybody to buy a book in 
ooze calf leather. 

Hubbard went down with the Titanic. Only a few days be- 
fore he sailed, I had lunch with him at the Savarin Restaurant 
in Penn Station. 

"Mr. Hubbard," I said, "you put out a book recently in an 
edition strictly limited to a hundred copies. So far, I have 
personally seen a hundred and fifteen copies. How about it?" 

Hubbard grinned. "Oh, those are limited to a hundred copies 
for each state." 

The man from whom Hubbard probably stole most of his 
ideas about bookmaking (except for the ooze leather, which 
was original) was an interesting character of a very different 
type, Thomas Bird Mosher, of Portland, Maine. Mosher had 
a delicate, fin-de-sicle taste in literature, and introduced such 
people as Lionel Johnson and William Ernest Henley to 
America in dainty little volumes almost invariably printed 
from hand-set type on Van Gelder handmade paper. His edi- 
tions, though not individually numbered, were really limited: 
after each printing he would have the type distributed, and 
if there was enough demand for a second edition, he would 
Start all over again. 

Anyone who expected, after timidly fondling a vellum 
Mosher edition of William Morris or Fiona Macleod, to find 
Tom Mosher himself an Aubrey Beardsley type would have 
been sorely mistaken. He was a burly figure with a walrus 
mustache, reputed among his friends to be the most pro- 
fane man in the book trade. Unfortunately I never met him 

[ 160 ] 



THE TRADE 

in that mood; I would have liked to draw comparisons. 

Hubbard prepared himself for publishing by working as 
advertising manager of a Buffalo soap works; Mosher's literary 
taste was formed before the mast of his father's square-rigger. 
At fourteen he sailed around the world, and his father gave 
him a set of BeUs British Theatre to occupy the off watches. 
By chance, John Bell (who published the Theatre) was more 
of an influence on English bookmaking than on book contents 
the set, after all, was a reprint of the classics. And Tom 
Mosher absorbed a feel for how books should look that never 
left him. 

After a brief turn in a law stationery and publishing busi- 
ness in Portland, Mosher borrowed three thousand dollars 
(from a friend who said, "This is all I have, and 111 never see 
it back, but go ahead") and set up as a publisher in 1893 with 
the issue of George Meredith's Modern Love. He sold almost 
all his books by mail ( from his catalogue ) to individual buyers. 

He paid royalties to his American authors; most of the 
English ones he pirated, the American copyright law in those 
days being on his side. Andrew Lang and some other victims 
were very angry. Others said just as loudly that without 
Mosher they would never have been known in America. 

Two things distinguished Mosher as a publisher, aside from 
his unerring, though rather precious, taste: he was probably 
the first in this country who was, and made other people, 
conscious of books as physical things; and he made a great 
deal of money doing it. He found a way of turning taste and 
personality into cash that has been the despair of "fine-book 
lovers" in the trade ever since. 

In 1898 my store was at 18 East 21st Street. One night as 
I was getting ready to leave, a tremendous man walked in, 

[ 161 ] 



THE ADVENTURES OF A TREASURE HUNTER 

priced a book, and bought it. He said as he handed me the 
money, "Old books aren't worth a damn." 

Nobody in those days could have failed to recognize Thomas 
B. Reed, of Portland, Maine, "the czar of Congress." By this 
time he was out of office and practising law in New York. 

"Mr. Reed/' said I, "when old books are intelligently bought, 
they sometimes make a very good investment." 

"Oh, hell," he said, "my law library in Portland cost me 
thousands, and when I left, I had to sell it for fifty dollars." 

"I don't believe you heard me, Mr. Reed. I said when old 
books were intelligently bought." 

The whole store shook with his laughter. 

From then on Mr. Reed used to drop in at the store oc- 
casionally. Once when he was there, John Finley brought in 
Reverend Henry Van Dyke, and the three of them sat in the 
back room swapping stories. Mr. Reed told about his first New 
York law practice. A railroad gave him a case, which he im- 
mediately settled out of court. Falling into conversation with 
a fellow lawyer from an adjoining office, he remarked that he 
had put in about two hours' work on the job, and was trying 
to work up nerve to send a bill for five hundred dollars. 

"Just let me have one of your billheads," said the neigh- 
bor. 

Within a week Mr. Reed had a check for $5000 and an 
effusive letter of thanks from the railroad. 

When I first knew John Finley, he had just come to New 
York, after being the youngest college president in America, 
at Knox College in Galesburg, Illinois. Knox College had one 
of the best collections of Americana in the Midwest, prac- 
tically all of which was presented to it by Edward Caldwell, 
then the president of the McGraw-Hill Publishing Company. 

[ 162 ] 



THE TRADE 

This takes me back to a stranger who came into my store on 
33rd Street and announced that he wanted to buy every book 
in existence about Louisiana. 

I dug out my Century Atlas, showed him Louisiana before 
the Purchase, and said I guessed he could accomplish his ob- 
ject if he had about five million dollars. 

He said he was really more interested in the Mississippi 
River, and hoped he could do it with twenty-five thousand. 

I told him he could make a very good start. 

He bought several expensive books then and there, and 
came in every week for the next six months. He was a retired 
engineer by the name of Preston Player. 

Then I saw nothing of him for a couple of years. One day 
the phone rang, and he asked me down to lunch with him at 
Tenth Street, His collection had got to the point where he 
thought it should be insured, and he wanted me to appraise 
it. As I had sold him practically everything he had, the ap- 
praisal was only an hour's work. He asked me what he owed, 
and I said, "Mr. Player, you bought ninety per cent of this 
from me, and I might better ask you what I owe you." 

There was another interval of silence, this one lasting three 
years. Again he asked me to lunch. This time he said, "Everitt, 
I'm going to die in three or four days, and I want to know what 
to do with my books. Whom shall I give them to?" 

"That's one question I won't answer. All I can tell you is, 
give them to a small institution, not a big one." 

"Why so?" 

I explained that large libraries in the Mississippi Valley re- 
gion would surely have at least 75 per cent of the choice items, 
so that the gift would really be wasted. With this I departed. 
Soon afterwards I saw Mr. Player's obituary, but I had no 
idea where the books were going. 

[ 163 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Six months later Mr. Caldwell, who was also an old and 
valued customer of mine, sent me a catalogue of the books 
presented to Knox College by Preston Player. I scanned the 
catalogue eagerly, then hurried to the telephone. 

"Thanks a lot for the catalogue, Mr. Caldwell/' I said. 'It's 
a damn good job, but you've been to the circus and missed see- 
ing the elephants." 

"What do you mean?" 

"The best single thing Player had isn't in the catalogue." 

"Well, we put in everything that was there." 

I said, "Mr. Caldwell, do you know Meyer's Universum?" 

"Of course I do who doesn't? The volume of the American 
views is common enough. Mr. Player wouldn't have been very 
proud of having that." 

"No," I said, "but Goodspeed sold him the original painting 
from which the engraving of Nauvoo in 1843 was made." 

This news threw Mr. Caldwell into considerable excitement. 
Nauvoo was the place on the Mississippi where the Mormons 
settled after they had migrated from Kirkland, Ohio. Angry 
neighbors finally ran the Mormon settlers out of Nauvoo, kill- 
ing the prophet, Joseph Smith, in the process. The Mormons 
made one more settlement, in Zion, Missouri, before they 
finally set out for Utah. 

At all events, Mr. Caldwell said there was no painting of 
Nauvoo in the Player collection. 

"There was when I appraised it; I put five hundred dollars 
on it," I said. 

Mr. Caldwell maae tracks for the storage warehouse where 
the Player collection had been temporarily housed. As is 
customary in such cases, the warehouse people vowed they had 
faithfully delivered every single scrap in the Player collection, 
and there had never been any painting. On his way out, 

[ 164 ] 



THE TRADE 

Mr. Caldwell poked a toe at some dusty paintings stacked 
against a wall with their backs out. "What about those?" 

"Oh, that's junk we're about to throw away. We couldn't 
get a starting bid of a dollar for it last week." 

Covered with grime, Mr. Caldwell emerged some minutes 
later clutching the painting of Nauvoo to his bosom. 

The next time I saw Mr. Caldwell, he had the painting 
under his arm. "I'm going to take a train to Galesburg and 
deliver this picture personally to Knox College." And so he 
did. 

Booksellers, like some of my other friends, are always boast- 
ing about their successes; their mistakes they somehow find less 
colorful. 

I have made at least one mistake colorful enough to go in 
this book. The American Art Association catalogued in one of 
its sales "a map of Mexico, Louisiana and the Missouri Ter- 
ritory, including also the State of Mississippi, Alabama Terri- 
tory, East and West Florida, Georgia, South Carolina and 
Part of the Island of Cuba. By John H. Robinson, M.D. Mem- 
ber of the Military Philosophical Society of America, Member 
of the Western Museum Society of Cincinnati, and Brigr. 
General in the Republican armies of Mexico &c. . . . Engd. 
by J. Anderson, Philada. Copyright secured according to law. 
A.D. 1819. Printed and Coloured by John L. Narstin of Phila- 
delphia." 

I knew nothing about it, but decided I was going to buy it. 
Even blind, I was sure it would cost me $250. 

At the sale somebody yelled ten dollars, and I said twelve 
and a half, and down came the hammer. Eberstadt and half 
the other bright lights of Americana were in the room watch- 
ing, but this distinguished company was supplied to me at 

[ 165 ] 



THE ADVENTURES OF A TREASURE HUNTER 

no extra cost. The map meant nothing to them, and they were 
thinking about something else. When I got the map back to 
the store, where I was by then in very cramped quarters 
(having discovered that the fat books just fill shelves and the 
thin ones bring you the money), I tried to open the map, but 
since it was over five and a half feet square, all I could look 
at was one uninteresting corner. 

I was contemplating this without enthusiasm when Ed 
Eberstadt came in. "What you got there, Charlie?" 

"Oh, I don't know. I can't get the damn thing open." 

"What!! you take for it?" 

"Well, I was going up to two hundred and fifty. It's yours 
for seventy-five." 

Ed paid and departed. Ed's office was even smaller than 
mine. He too was just trying to inform himself when Philip 
Ashton Rollins, a truly great collector of Western Americana, 
over a million dollars' worth of which he gave to Princeton, 
came into the store. 

"Ed, what was that thing Charlie bought yesterday?" 

"Don't know; I'm just trying to find out." 

"What will you sell it to me for?" 

"I gave Charlie seventy-five dollars; take it for a hundred." 

Shortly after this, word of the transaction got around, as 
word always does. My friend and customer Tom Streeter 
called up and said, "Charlie, I kind of think you made a mis- 
take on that map. There are only two other copies in existence, 
and the Library of Congress has both." 

Tom promptly went down and traded some of his duplicates 
to the Library of Congress for their spare. Possibly the point 
of this story is that Mr. Rollins, being a rich man, had a sleigh 
bed big enough to unfold the map all the way. 

Philip Ashton Rollins wrote The Cowboy, the outstanding 

[ 166 ] 



THE TRADE 

and, in fact, unique book on the subject, and edited some rare 
Western travels. He has always been one of my favorite 
customers. 

The first time I saw him he came into the store on 34th 
Street from an exceedingly gay party. I didn't know him from 
the man in the moon. "I'll buy any damn thing that mentions a 
cowboy/' was his introductory remark. 

"Covers quite a lot of territory, doesn't it?" I asked cautiously. 

"All right, try me." 

I hooked out this and that and the other from the shelves. 

He didn't pick and choose; he said, not quite crisply, "How 
much?" 

I ran up the total on an adding machine: $1243. 

"All right, let me have "em." 

He went over to my packing table, tore a strip off my roll 
of manila wrapping paper, and wrote out a check on one of the 
large trust companies for $1243. 

If this had not been during banking hours, I can't imagine 
what I should have done. As it was, the head office of the 
Manufacturers' Trust was across the street, and I skipped over 
to see Mr. Jonas, then president. 

"Mr. Jonas/' I said, "I think this is probably just a practical 
joke. Would you look at this so-called check?" 

Jonas looked, put in a phone call, and came back grinning. 
"I wish I had a few more like that," he said. "This guy keeps 
a regular balance in the hundreds of thousands." 

Afterward I got to wondering what had originally inter- 
ested Rollins in the cowboy; finally I knew him well enough 
to ask. 

"Well," he said, "I guess everybody knows my father left 
me hundreds of thousands of acres and several banks and 
things in the West Those didn't last very long. Then another 

[ 167 ] 



THE ADVENTURES OF A TREASURE HUNTER 

relative died and contributed another injection, but that didn't 
last, either. 

"When the First World War came along, I decided I wasn't 
good for anything but cannon fodder, but the American army 
said I was too old. So I sneaked into the Anzacs. I had quite 
a rough time, and some of my Aussie friends pulled me out of 
the line of fire more than once. 

"Evenings in billets I used to amuse them by telling about 
the cowboys back home, some of whom had done me the same 
sort of favor. 

"Finally one long, lanky Anzac got fed up: Thil, you're a 
lousy son of a bitch. You keep telling us how cowboys were 
always saving your life, but you don't do anything about it.* 
So I came home from the war without a dime, and made tracks 
for the West to straighten myself out. I got a job on a ranch 
that I had once owned, digging postholes at two bits a hole. 

"As I was digging away to beat hell, trying to make a show- 
ing, a party of dudes came by. So I married one of the dudes, 
who was just as much interested in cowboys as I was, and 
whose father owned about half of some eastern state." 

I don't feel quite so much bruised about my mistake over 
the Robinson map because I can comfort myself by remember- 
ing what befell my almost infallible friend Mike Walsh of 
Goodspeed's. His catalogue Number 168, 1927, was among the 
most interesting I have ever seen. In the midst of looking 
through it, I picked up the telephone and called Boston. "Mike, 
have you still got Number 2211?" 

"No. Sorry; it's gone. How much did I slip on that?" 

"Plenty," said I, reluctantly hanging up. 

One of the prime rarities of Western Americana is The Nez 
Percys First Book, one of eight little schoolbooks printed at 
Clearwater, Idaho, on a press that some missionaries brought 

[ 168 ] 



THE TRADE 

across the ocean and up the mountains from Hawaii in 1839. 

When I appraised the Coe collection, I put a value of fifteen 
hundred dollars on the copy of the book there. 

Some years ago, the last time I was in Oregon, I found to 
my great surprise that Hines, one of the earliest Oregon print- 
ers, was still active. I ran into him at the Oregon Historical 
Society. 

"Do you know whatever became of that Clearwater Mission 
press, Mr. Hines?" I asked. 

"You're leaning againt it." 

Hines, who was in his nineties, loved to talk. That day he 
told me about a stranger who came into the printing office 
with some poetry. He said, "Set these up," gave his name as 
Joaquin Miller, and departed, never to be seen again. 

Before he knew Miller was not coming back, Hines, lack- 
ing a title for the poetry, scribbled "Specimens" across the top 
of the manuscript, set it, and pulled two proofs. 

He kept them long enough so that one proof was worth five 
hundred dollars to Fred Skiff, whose copy I later bought and 
resold to Mr. Huntington. Heavens knows what became of the 
other one; but anyhow I have shaken the hand that set Joaquin 
MiHer's first printed verses. 

I have also shaken the hand of the bard himself. For a while 
I had charge of the first retail store Doubleday opened at 
Fifth Avenue and 28th Street. An old man in a red shirt, with 
long white hair, walked in and looked around. There was no 
mistaking him in those days. "What can I do for you, Mr. 
Miller?" said I. 

I was a total stranger to him, but any admiring audience 
brought him out. "I've never seen the City Hall," he said. 

"All right, let's go see it." I started for the subway, which 
apparently shocked him. 

[ 169 ] 



THE ADVENTURES OF A TREASURE HUNTER 

"No, no, I want to walk/' 

So for the one time in my life I walked from 28th Street 
to City Hall, talking with the old man and inspecting new 
buildings, half -finished buildings, and excavations for intended 
buildings. 

After we had reached our goal, Miller said, "I don't want to 
see any more of this town. It has more holes in the ground 
than any mining camp I was ever in." And that was my ex- 
perience with Joaquin Miller. 

Even the best people in the business sometimes forget or are 
hurried into overlooking things. My friend Charlie Harris, of 
Edwards's Bookshop in London, about as learned a bookseller 
as I know, once paid fifty pounds at an auction for a set of 
Cook's Voyages, printed in New York. 

The only feature that makes this set really worth more than 
fifty cents is that it contains two plates engraved by Paul 
Revere, and when Charlie inspected his purchase, he found 
that the engravings were missing. 

I have remarked before that nothing ever turns up singly. 
Just a few days later I was in Edinburgh, and after a day's 
hunting I passed by the store of a dealer I particularly dis- 
liked, and found him arranging his stock for the next day. 

Among the junk was a ruinous copy of Cook's Voyages, with 
practically nothing left of it except the engravings neatly 
signed Paul Revere. 

"How much for this?" I asked. I knew as well as he did 
that he was laying out his shilling table. 

"Ten bob/' said he. 

"Go to hell, you Scotch robber/* I observed, and stamped on 
down the hill. 

But as I went, I began thinking about Michael O'Shaugh- 
nessy, the New York dealer and auctioneer. I had once en- 

[ 170 ] 



THE TRADE 

countered him just after he had given a piece of his mind to a 
Fourth Avenue dealer. When I met him, he was mumbling 
assorted curses. 

'What's the matter, O'Shaughnessy?" I asked. 

"Oh, I'm just cursing myself for a damn fool. I've made up 
my mind that from now on any dealer is welcome to spit in 
my eye and rub it in with his foot, so long as I get a bargain/' 

O'Shaughnessy *s words of wisdom prevailed; I turned back, 
and, perhaps not very graciously, flung a ten-shilling note at 
the Scotsman. I removed the engravings from the book, then I 
dropped the book into the nearest dustbin. 

Back in London I went to see Charlie Harris, looking as in- 
nocent as I knew how. "Charlie," I said, "I hate to see a pal 
get stuck. It wasn't really your fault you came a cropper on 
Cook's Voyages, and maybe I could take it off your hands." 

Charlie looked at me quizzically. "You son of a bitch, I bet 
you have the Revere plates." 

"Right here in my pocket," I said. 

"You'll take ten quid for it, and think yourself lucky," said 
Charlie. 

And so I did 

On one of my early visits to London, I was warned by all 
hands against a bookseller named Jackson, in Charing Cross 
Road. He was notorious for hating Yankees. 

All the London bookshops in those days closed at seven 
o'clock, so about six-fifty I went into Jackson's and said, "I hear 
you don't like Yankees. Will you have a beer with me?" 

"That far 111 go," he said. 

I kept at this until about the fifth time, Jackson said, "Would 
you pay me fifty pounds for a fine copy of Simcoe's Journal? 9 

I said I would be glad to. So he took me downstairs to look 

[ 171 ] 



THE ADVENTURES OF A TREASURE HUNTER 

at the Americana. He had five or six shelves of very choice 
rarities. They were so reasonably priced that my only problem 
was whether to buy just some or all. 

I added up my purchases and said, "Here, I'll write you a 
check." 

"No damn Yankee can buy books from me that way/' he 
rejoined. 

"Well, how must I do it?" 

"Ill send the books to your hotel; if you like them, you send 
me a draft; if you don't, send them back." 

As we were going up the stairs, I noticed a red leather 
volume labeled Autographs. I put my hand on it. 

"Here, no damn Yankee can look at that," he said, so I 
took my hand away, 

I came for another visit the following year. Then I skipped 
a year. Two years afterward I was received by Jackson's son. 

"Where's your dad?" I asked. 

"He died three months ago," said Jackson, junior. "Weren't 
you and he dickering about some volume of autographs?" 

"Dickering, hell! He wouldn't even let me look at it." 

Young Jackson fetched the volume out a dazzling red 
morocco folio. True to his father's principles, he did not open 
it. "Would you give me five pounds for it?" 

"Glad to," I said, and that was the last I saw of my mysterious 
purchase until it and I were back in New York. 

Just as I was leafing through it, trying to find out what I had, 
Roger Howson, then the librarian of Columbia University, 
came in. He asked what I had there. 

"I'm just trying to find out," I said. We sat down together 
to look. It turned out that the volume contained secret docu- 
ments relating to an early-nineteenth-century treaty among 
Great Britain, France, and Belgium. The secrecy was so grave 

[ 172 ] 



THE TRADE 

that none of the diplomats involved signed his real name to the 
papers; but the volume had belonged to one of those present* 
who added a key at the back of the book. Howson offered me 
$750 for the book, and I stalled him off. I put it under a 
counter where I hoped no one would notice it. I should have 
known better, considering my experience with book people. 

Shortly my prize customer, Albert W. Johnston, came in and 
rapidly piled up an order for several hundred dollars. He 
pounced on the projecting bright red edge of the autograph 
book. "What's this?" 

I said hell, I didn't know. It was no use; Johnston went 
through the book from cover to cover. 'What's this worth?" 

"I haven't the slightest idea; I don't want to price it at all. 
The librarian of Columbia offered me seven hundred and 
fifty, and I wouldn't let him have it." 

Johnston was a man of decision. "All right, you can sell me 
this, or you can forget the rest of this order/* So he got the 
autograph book for $750. 

During the recent war conscience began to trouble him. 
He thought the documents belonged in Britain, so he sent his 
daughter down to the British Ambassador. 

"I'll be glad to accept these on behalf of a grateful nation," 
said the diplomat, suavely. 

"Oh, you don't know Dad/' said Johnston's daughter. "He 
won't take your receipt. This has to go to Winston Churchill 
personally, and only his receipt will do." 

The papers are in England now, and Johnston has his 
receipt and a personal note from Winston Churchill, which I 
imagine he values even more than the documents he gave up. 

On one of my periodic trips to London, my friend Leon 
Kashnor, of the Museum Book Shop, said, "Look out, Charlie. 

[ 173 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Someone in the Hudson's Bay Company has been dumping 
stuff. I don't know where it's gone to, but look out/' 

Two years later I was back in London and stopped in at 
Foyle's Book Shop. The Americana department is on the third 
floor. Some boys were carrying in piles of stuff. 

"What's this?" I asked the manager. 

"Oh, some junk we bought from the Hudson's Bay Com- 
pany." 

"Have you priced it yet?" 

"No." 

"What would you do if I picked out a hundred volumes 
right now?" 

"Well, I guess you can pick out a hundred volumes for six 
bob apiece." 

I sat down on the floor and started picking, trembling in 
every limb for fear one of the owners should come upstairs. 
My nerves got the better of me after I had picked 181 books. 
"How about these?" I asked. 

"Well, Charlie, I didn't think you'd pick out quite so many," 
said the Americana expert. "For this quantity, how about five 
bob each? Shall I put them on your bill?" 

"I guess I'd better pay you right now," I said, "because I 
have a shipment going off tomorrow, and I'd like to have these 
delivered across the street today." So I paid up, got a receipted 
bill, and fled across the street to Marks & Company before 
any of the Foyles should turn up. 

I opened my packages in the presence of Mr. Marks and 
his partner Mark Cohen, one of the two or three most 
learned booksellers in London. Each time that I picked up 
a volume, Mr. Cohen remarked succinctly, "Charlie, you son 
of a bitch." 

* * * 

[ 174 ] 



THE TRADE 

In the course of my trips to London I found that for some 
reason it was almost always a single dealer, even a single 
purchase, that paid for my whole trip. One of the nicest book- 
sellers I have ever known was old George Suckling, an out- 
standing specialist in English literature. I used to go to his 
store just for the pleasure of talking to him, though this was 
rendered rather more difficult by the necessity of shouting 
through a tin ear trumpet. 

One day I said, "George, have you got any Americana?" 

"Oh, I don't think so maybe a few oddments down cellar." 

The oddment corner was lit by about a ten-watt bulb. 

A thing every bookseller dreads is finding several copies of 
one tide. It practically always means junk that won't even 
move off the dime counter. But for some reason, even though 
there were two copies of a dull-looking little book labeled, 
Report of Milton and Cheadle, I gave a second glance. Milton 
and Cheadle were two Englishmen who had been sent to 
western North America in the 1850's. Their book on what they 
saw is a standard source for Northwestern history, and worth 
about three dollars and a half. Before they published this, they 
were unreliably alleged to have presented a special report to 
Parliament. No copy had ever been found. 

These two copies, barely visible in the dim light, were 
proof that the report had been made. George Suckling had 
neatly penciled in his price, five shillings each. 

I went upstairs. "You're wrong on these," I said. **YouVe 
got them marked five bob, but 111 be glad to give you ten quid 
each." 

"Charlie," said George, "if I'm so ignorant that I mark a 
ten-pound book five shillings, the price to you is five bob 
less ten per cent." 

Aside from the secrecy of the report, these rarities had no 

I 175 ] 



THE ADVENTURES OF A TREASURE HUNTER 

great value compared to that of the normal three-fifty book; 
but each of the two copies fetched a dollar for every cent 
that the latter books commanded. 

The last time I saw George Suckling was shortly before his 
death. I had spent a rather unprofitable three weeks in Eng- 
land and was sailing on the Aquitania in the afternoon. I 
had saved up two or three hours for a social chat with George. 

"George," I bellowed through the ear trumpet, "nobody 
has paid for my trip this year/* 

"That's a shame, Charlie," said George. He turned to his 
son George and said, "Didn't we put something aside for 
Charlie last year?" 

George Junior went downstairs, no doubt to contend with 
the ten-watt bulb. Finally he returned with a quarto volume 
wrapped in paper. "Charlie," said the old man, "before you 
open this, I warn you it's going to cost you ten guineas." 
From the size, it might have been any one of several two- 
dollar books that I hoped it was not, or it might just possibly 
have been Simcoe's Journal, worth five hundred dollars on 
a good day, which I hoped it was. 

Instead, it was the first copy I had ever seen of Goldson's 
Northwest Passage, privately printed in a small edition at 
Portsmouth in 1793. 

"George," I said, as I pulled out my checkbook, "somebody 
did pay for my trip, after all." 

I took my prize over to Henry Stevens, Son and Stiles, who 
keep a record of every book they have ever sold since the 
1840's. Henry Stevens, III, admitted that they had never sold 
but one copy. I resisted his efforts to buy mine, and finally 
got six hundred from Dr. Rosenbach for it. 

Ten years later a copy of the Goldson book came up for sale 
at Sotheby's, the only copy ever sold at auction. Vilhjalmur 

[ 176 ] 



THE TRADE 

Stefansson, the arctic explorer, one of my best friends and 
customers, asked me what he would have to bid to get this 
for his collection. I told him he would be lucky if he got it 
for sixty pounds. So he mortgaged the old homestead, and 
sent a bid of three hundred dollars. 

When the book reached him, there was a bill with it for 
twenty pounds. 

( I got back some of my own, when I appraised the Stefans- 
son collection, by putting a figure of $750 on the book. ) 

You know the axiom about antiquities; when no copy is 
known to exist, and somebody discovers one, it is never a mat- 
ter of more than a year or two before further copies come to 
light. My Milton and Cheadle was just one instance, although 
usually the first discovery does not occur in duplicate. 

The best buys almost always come from the big shops who 
are not scared to death by rare items rather than from the 
obscure little shops where the inexperienced book-hunter 
would naturally look for rarities at dirt-cheap prices. I went 
into Button's bookstore on Fifth Avenue and asked the man- 
ager of the rare-book department, a cocky little Englishman 
named Grant, if he had any Americana. 

"You know we don't deal in that junk," he replied severely. 
"There's some stuff on the floor over there, and you can 
have any of that you want at fifty cents a volume." 

I've always refused to be insulted, so I sat down on the 
floor and began looking through the junk. All I found in the 
pile was a copy of George Meredith's The Shaving of Shagpat. 
This copy had been defaced by a two-page inscription signed 
"George," so our great authority had priced it at fifty cents. 

(This I sold to another dealer for three-fifty $350, of 
course. ) 

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THE ADVENTURES OF A TREASURE HUNTER 

Then I picked up an item issued in a limited edition by the 
Marine Research Society. I showed it to Grant. 

"Oh, that damn thing," he said. "We've been looking for the 
limited edition for three months, but that trade edition you 
can have for two dollars." 

After allowing a suitable time to elapse, I quoted Mr. 
Grant the limited edition at sixty-five dollars, and he eagerly 
bought it back from me. 

My life has revolved around Americana, but you can see I 
have had some fun with other books as well. One day in the 
1920*8 I was going into Thorpe's bookstore in St. Martin's 
Lane in London as the manager was helping an old lady into 
her carriage. 

"Hello, Charlie," said he. "Do you know who that was? 
Thackeray's daughter, Lady Ritchie." 

"What have you been buying from her?" I asked. 

"Oh, just a lot of rubbish." 

"Let me see it," I said. 

Rubbish was no word for it. There were several hundred 
volumes of absolute shelf-warmers. 

My eye fell on the least promising of the lot, a little duo- 
decimo Greek Testament. I found it was scrawled full of notes 
in Thackeray's unmistakable hand, which anyone who has 
once seen it can recognize across the room. He had also drawn 
a map in ink. 

"Duke," I said to Thorpe's manager, "what did you pay for 
this junk?" 

"Fifty quid," he told me. 

"All right, how much for this Testament?" 

"That's the only book in the lot." 

"All right, all right, how much?" 

[ 178 ] 



THE TRADE 

"Seventy-five quid." 

'Til take it," I said. I thought I had a customer in mind, 
which is always the first thing a sensible bookseller does when 
he starts spending money rashly. 

My first act the next day was to read up on Thackeray's 
life. I found he had been refused entrance to Cambridge 
because he had had no Greek. He spent six months at his 
uncle's studying Greek, obviously from this New Testament, 
because here were all his cramming notes. 

My friends in the London book trade had sudden fits of 
compassion about the extravagant price I had paid for the 
Testament. One of them offered to take over half of my risk, 
and two others each offered me a hundred pounds to get me 
clear of my predicament. 

Owen Young was one of perhaps a dozen great Thackeray 
collectors at the time, and I wrote and told him I had something 
he needed. 

He wrote back: "I have all the Thackeray I ever want to 


see. 

I wrote across the face of his reply: "You ain't seen nothing 
yet." A week later he owned the book, at a price that paid my 
passage to England and back. 

On that same trip I also exercised my shrewdness, to con- 
siderably less purpose, in buying Americana. One of Sotheby's 
auction catalogues listed a thirty-two-page manuscript, by an 
unknown hand, describing an Indian battle in the West. My 
friend Leon Kashnor, of the Museum Book Store, and I fixed 
our eagle eyes on this and jointly bought it for ninety pounds, 
over spirited bidding from the firm of Henry Stevens. I dressed 
up our prize with a twenty-dollar morocco slip case from 
Zaehnsdorf s, and took it home to make a killing. 

Apparently I was the only dealer in America who had not 

[ 179 ] 



THE ADVENTURES OF A TREASURE HUNTER 

seen and refrained from buying this manuscript when Charles 
Goodspeed originally catalogued it for $150. Some years later, 
by high-pressure salesmanship, I unloaded my prize for $125. 

The bete noire of every American bookseller, and particu- 
larly of those who deal by mail, is probably the newspapers. 
Every time a newspaper lacks three-quarters of an inch at the 
bottom of a column, it sticks in an item to the effect that Mrs. 
Sally Jones has in her possession a copy of the Ulster County 
Gazette printed at Kingston, New York, in 1800, containing an 
obituary notice of George Washington; and she has refused 
five hundred dollars for it. 

Mail-order dealers always have more correspondence than 
they can handle anyway, and after one of these tidbits in the 
papers the mail doubles or triples. Even now, when I am more 
or less trying to pull my hole in after me, I get at least two 
letters a week about the accursed Ulster County Gazette. 

In the first place, I have never understood why everyone had 
to have this particular obituary of Washington when three 
hundred other hick-town papers printed similar ones. And in 
the second place, Mr. R. W. G. Vail (then at the New York 
Public Library) devoted an entire pamphlet to the reprint of 
this particular notorious issue. 

When an old lady brings one of the reprints to the store, 
the routine is invariable. She spreads the paper out with 
trembling hands, and explains that it must have been in the 
family for at least a hundred years because her grandmother 
lived to be ninety and had inherited the treasure from her 
grandmother. 

Ninety-nine out of every hundred copies I see are among 
the quarter-million or so printed as souvenirs to be given 
away at the Philadelphia Centennial Exposition of 1876. I 

[ 180 ] 



THE TRADE 

have developed a very keen eye for this particular reprint, 
but it has done me less than no good. 

For years I would try to explain the true state of affairs 
to each hopeful owner. I finally gave up when the twentieth 
old lady said, "Can you suggest anyone who knows something 
about old newspapers?" Now I find it simpler to lie and say 
I don't buy old newspapers. 

Another newspaper bane of booksellers' lives is the Vicks- 
burg Gazette. It is usually offered to me as "the first Confed- 
erate newspaper printed on wallpaper." A more detailed yarn 
is that the particular issue in question was printed while Grant 
was besieging Vicksburg, so that nothing but wallpaper was 
available to the printer. This, too, was reprinted for a souvenir, 
and many, many thousands were given away. The routine on 
this one, of course, is, "My great-grandfather was in Grant's 
army, and got one of these copies when Vicksburg fell." 

Among the most valuable forms of information to historians 
is the city directory. You can judge the standing of the first 
New York City directory when I tell you that a copy came up 
at auction some years ago, and a prosperous Bronx real-estate 
dealer commissioned me to buy it for him up to $3000. 

I bought it in for $2750. My old pals the newspapermen 
ran a story about this. 

Then came the deluge. Not one but five hundred people 
wrote, telegraphed, and telephoned to advise me that they had 
directories of New York City at least a hundred years old. Of 
course they did not expect to get $2750, but they thought a 
modest figure like $1000 might interest me. 

It was no use telling them that New York directories of the 
nineteenth century, useful as they may be to historians, are 
properly bought by the bushel, not the piece, so about all I 
could say was that my directory needs were already supplied, 

[ 181 ] 



THE ADVENTURES OF A TREASURE HUNTER 

An even worse scourge than the Ulster County Gazette and 
directories is old Bibles. 

In the Robert Hoe sale, George D. Smith paid fifty thousand 
dollars for a Gutenberg Bible, and naturally was smeared all 
over the front pages for doing so. 

At that time there were 130,000,000 people in the United 
States, and judging from my correspondence in the succeed- 
ing six months, every man, woman, and child of the lot 
owned a priceless Bible over a hundred years old, usually in 
German. 

Naturally it was not my luck to be offered any of the German 
Bibles printed by Christopher Sower in Germantown, which 
are sometimes worth as much as fifty dollars; no, all I drew 
was the output of the Lutherans and the American Bible 
Society, which was founded for the express purpose of giving 
Bibles away free. 

The only standard American Bible I know of that is worth 
any real money is the first English Bible issued in this country, 
printed by Robert Aitkin of Philadelphia in 1782. Of course 
there were many testaments and psalm books before that. I 
have had my hands on one copy, which was offered to me by an 
old gun dealer for three hundred dollars. 

Bibles are very hard books to collate (to check for missing 
pages or plates, that is), because the older ones seldom have 
any page numbers, and you practically have to read the Good 
Book straight through to make sure nothing is gone. In this 
case I gave my friend Seymour Dunbar twenty-five dollars to 
do a thorough job on the Aitkin Bible. 

Four days later he brought it back with a note saying that 
it was all perfect, probably the best copy ever offered. 

On the strength of this I sold the book to a collector for $750. 

A week or two later the new owner came in grinning and 

[ 182 ] 



THE TRADE 

said, Tve just been collating that Bible again, and it lacks 
forty-two pages/' 

I was resigned to writing this off as a loss, but some weeks 
later apparently God looked after His own because I came 
upon another defective copy that had the pages I lacked. In 
this way I was able to make up a complete copy, but the total 
cost, including what the English call a "shiny" binding, turned 
my original $450 profit into a $25 loss. 

One queer character in the book trade was in his day one 
of the best known dealers, Gabriel Wells. When I first knew 
him, his name was Gabriel Weiss, and he was peddling some 
set of subscription books around Sussex County, New Jersey. 
A little later he had a grisly furnished room on Lexington 
Avenue. He once came into my store on 23rd Street and said, 
"If I don't sell some books, I don't eat." So I went up with him 
to his room, and paid him $3.65 for some of his stock, to 
provide him with the next day's meals. 

Then for years he eked out a living by going around to 
various bookstores, picking out some set on approval for thirty 
dollars and selling it to Macy's for thirty-five. 

Finally he inherited a large amount of money from some 
relative. You wouldn't have known old Gabe. He went to 
London, rented one of the swellest apartments he could find, 
and made abundant use of the unlimited credit that the big 
London booksellers used to give for approval shipments in 
those days. 

(The first time I went to the famous bookshop of Maggs 
Brothers, Mr. Ernest Maggs took me to lunch, said that Gabriel 
Wells had recommended me, and told me that if I wanted to 
use it, I might have up to a hundred thousand pounds of credit 
for books on approval. I said I was just a little piker that liked 

[ 183 ] 



THE ADVENTURES OF A TREASURE HUNTER 

to buy books and pay for them one of the most foolish state- 
ments I have ever made in the course of a foolish life. ) 

Mrs. Everitt and I arrived in London at the time of the 
general strike, and found at our hotel several messages asking 
me to call Gabriel Wells. When I did so, he invited us to dinner 
at Simpson's. All through the evening he was very careful to 
talk about nothing in particular. Going home in a cab, he 
casually pulled out some manuscripts and asked if I wasn't 
going to Birmingham. I said I expected to be passing that 
way. 

Wells explained that he had paid Lowe of Birmingham four 
hundred pounds for these alleged Goldsmith letters, that he 
was leaving for home in two days, that he thought they were 
forgeries, and that he hoped I wouldn't mind doing him the 
small favor of throwing the letters back at the seller. 

I was too much taken aback to say anything, but all night 
I got madder and madder. Wells knew perfectly well that the 
vendor would not take back the fakes, but he thought if I was 
buying enough stuff, maybe I could get away with it. 

In the morning I returned the letters with a note to Wells 
saying that I had changed my itinerary. 

These forgeries were part of the output of a very remarkable 
Englishman. He was a historian, the author of several standard 
works. When he was not writing history, he used to write 
Shelley, Goldsmith, and General Wolfe letters better than the 
old boys had ever dreamed of in their lifetimes. He was much 
more careful about it than such bunglers as Thomas J. Wise, 
and always got contemporary paper. His products were really 
almost worth the price for the art they displayed. A prominent 
British dealer gave him fifty pounds for a beautiful Shelley 
letter, and then sold it for five hundred. The dealer, being a 
man of conscience, called him in, said he had done a little 

[ 184 ] 



THE TRADE 

better than he had expected, and handed over another hundred 
pounds. 

Two days later the buyer returned the letter as a forgery. 

Finally so much of this went on that the authorities did 
as they sometimes do in this country when a corporation is 
too big to be allowed to go bankrupt: they simply hinted that 
such an artist would be better off in some other country, and 
he forthwith retired to Paris. 

The last I heard of him was a letter in which he ordered 
six hundred dollars' worth of books. I replied, starchily, that 
I would be glad to ship them on receipt of draft. 

I have seldom been so stunned as I was when I got a draft 
from him by return mail. 

Stevenson's The Ebb Tide, which he wrote in collaboration 
with his stepson, Lloyd Osbourne, is dedicated to one of the 
McClures. I was closing up my store on 34th Street one day 
when this McClure came in and said, "Here's the original 
manuscript of The Ebb Tide. I've been lugging it around with 
me wherever I went all over the country, and I'm sick of it. 
I'd rather have five dollars than this damned manuscript." 

"Here's the five dollars," I said. "Come back day after 
tomorrow, and I'll have some more money for you." 

"There are several chapters missing from the manuscript, 
you know," McClure said. 

"Natural enough," I said "because Osbourne wrote quite a 
bit of the book." 

Next morning I took the manuscript to Gabriel Wells, who 
laid fifteen hundred dollars on the line without batting an eye. 
I gave half of this to McClure, and we were both quite pleased. 

Wells, never a man to let grass grow under his feet, hunted 
up Lloyd Osbourne, who was still alive, and gave him five 

[ 185 ] 



THE ADVENTURES OF A TREASURE HUNTER 

hundred dollars to write out in longhand the chapters he had 
originally contributed to the book. That completed the manu- 
script, and raised the ultimate sales price to what was unreli- 
ably reported as ten thousand dollars. 

Another peculiar character who frequented rare-bookstores 
was not a dealer but a customer, Charlie Montgomery, of 
Brooklyn. His mania was the Baconian controversy, and he 
used to go around with a reprint of the Shakespeare First Folio, 
for which he had out a series of cardboard masks, showing 
which words on each page were the cipher that proved Bacon 
had written Shakespeare's plays. 

The last time I saw Charlie, John Anderson of the Anderson 
Galleries was in the store, too. 

"John," said Charlie, "I want you to do something for me. 
I can't travel by boat, because I get terribly seasick. But I 
know you can do this. Just go and dig up Shakespeare's grave, 
and I'm certain you will find documents to prove that Bacon 
wrote the plays.** 

"How's this again, Charlie?" John Anderson asked. 

"Why, all you have to do is take a boat and a couple of 
men up the Thames, and you can dig up the grave as easy as 
nothing." 

"Charlie, did you ever hear of Scotland Yard?" 

"Why, John, they wouldn't ever bother your 

I am now going to tackle an impossible job to give some 
idea of George D. Smith, the great book merchant. I said be- 
fore that he was the greatest we have ever had in this country. 
He never read anything but an occasional racing form; his 
word was said to be better than his checks, which sometimes 
bounced; he died at the one time in his life when he was worth 

[ 186 ] 



THE TRADE 

a million dollars. Once when I went to the race track with him 
I found that he thought less of betting five thousand dollars 
than I did of plunging a two-spot. 

George reached his position fundamentally because of two 
things. The first was that (except when he didn't feel like 
paying his bills ) money meant absolutely nothing to him. Most 
of us, when we attend an auction, pencil in a price we are 
willing to go to on the items we want. Not George. He just put 
a check mark, which meant that not J. P. Morgan himself stood 
any chance of buying the items at the sale. ( If you looked over 
his shoulder and saw the check against something your heart 
was set on and said, "George, will you lay off that?" he would 
invariably do so.) 

George once said to me, "Charlie, you're absolutely crazy. 
You deal every day with men who think in thousands, and you 
talk in five-dollar bills/' George never made that mistake; 
this was one of his two secrets. 

The other, which he shared with every great bookseller, 
was his memory. He knew offhand at an auction the price for 
which any other copy of any consequential book on the block 
had sold. 

George was a plunger in business as well as at the track. 
He very seldom had any orders for items he bought at sales. 
And since it was absolutely immaterial to him what he paid, 
he often found himself with high-priced enigmas on the 
shelves. His method with such special customers as Henry E. 
Huntington was to show them the auction bill and say, "Here, 
I paid five hundred for this; it's yours for five hundred and 
fifty." 

Sometimes, when he bought a book from a scout for a 
hundred dollars, he would insist on a receipted bill for three 
hundred. (George did not invent this method of taking profits, 

[ 187 ] 



THE ADVENTURES OF A TREASURE HUNTER 

which has been used by other hungry dealers before and 
since. ) 

By his prominence, his prices, his success, and his person- 
ality, George established himself as the last word on book 
prices among scouts. I remember once a traveling salesman 
who used to bring me in a good many bargains, turned up with 
a bound volume of sheet music, seven of the items bearing 
Abraham Lincoln's signature. He asked me $500. They weren't 
worth it, and I was shyly thinking of $250, but for the sake of 
politeness I asked, 'Would you take any less?" 

"No," said the salesman, and went over to George Smith. 

George was always sitting at his desk, looking more than 
half asleep. He glanced up. "How much?" he mumbled, prac- 
tically unintelligibly. 

"Five hundred dollars/' repeated the salesman. 

"Man, you're absolutely nutsl 111 give you one hundred!" 

When George said so, you just took the money and 
beat it. 

Here is a story that leads back to George in the end. I was 
at Leary, Stuart's store in Philadelphia, in the office of Warner, 
the Americana man. He said, "Have you ever been to see 
C. W. Unger down in Pottsville?" 

"Never heard of him," I said. 

"Well, he has quite a lot of curious Americana in his house. 
You ought to go down some time." 

One morning I found myself confronted with a day in 
Philadelphia. I had once spent nine months there working for 
N. W. Ayer; when I departed, I told my very kind boss that 
there was not enough money in the world to keep a man in 
Philadelphia. So this day I decided that even the steel-mill 
town of Potts ville would be an improvement, though it meant 
spending three or four hours on a whistle-stop train. 

[ 188 ] 



THE TRADE 

At the Pottsville station I got a cab to Unger's house, which 
I found filled up to the eaves with old books. 

After two or three hours of rooting, I was covered with 
coal dust even deeper than is usual in New York bookstores. 
I asked if I might wash, and linger took me upstairs. Passing 
through the bedroom, I stumbled over a small stack of pam- 
phlets, and one that I noticed was a paper-bound copy of Joel 
Palmer's Journal of Travels over the Rocky Mountains, Cin- 
cinnati, 1847. I was very curious to see what Unger knew 
about this, so I tucked it under my elbow as I was drying my 
hands and then took it down to him. 

"How about this?" I asked. 

"Oh, that. Give me a quarter/' 

As I was finally making out my check for what I had decided 
to buy, I said, "Mr. Unger, I hear you have quite a wonderful 
collection of Franklin imprints. Might I see them?" I had no 
intention of buying any, but you know what I think about the 
opportunity to see and handle rarities. 

Unger said very earnestly, "Everitt, I know more about 
Franklin imprints than practically anybody in the world, so you 
can't expect to buy any from me cheap." 

I said I still wanted to see them, and he went on boasting 
about how much he knew as he led me to the safe. 

One item that practically thrust itself in my face was a little 
pamphlet, issued with no title page, concerning the Pennsyl- 
vania, Delaware, and Maryland boundaries. In the front of 
this copy was a little folding map. I had recently been run- 
ning through Campbell's bibliography of Franklin imprints, 
which noted that this pamphlet with the map was exces- 
sively rare. 

"Would you sell me this?" 

"I told you I know all about Franklin imprints; you can't 

[ 189 ] 



THE ADVENTURES OF A TREASURE HUNTER 

expect any deal here. I doubt if you could buy any of my 
Franklin stuff." 

"All right, all right," I said. "I know that, but how much 
for this pamphlet?" 

"Thirty dollars," said linger, somewhat truculently. 

I wrote out a second check. 

As soon as I could make my escape from the state of Pennsyl- 
vania, I went with the pamphlet to George Smith, 

"Oh, I've got too much stock," he said, in a tone of sur- 
feit. 'Tm only buying at auction. If you put it in a sale, 111 
buy it up to seventeen hundred and fifty." 

This was the way in which George's word was better than 
his check. I could calculate neatly enough for any banker 
that my take on that pamphlet would be $1750, less 15 per cent 
to the auctioneer. 

My Palmer was at that time the only known copy in the 
original printed wrapper, and I got a corresponding price, 
though not from George. 

George apparently liked a feeling of majesty about the way 
he paid his bills. He once owed me six hundred dollars at a 
time when I was very much in need of it. I went to him and 
said, "George, you Ve owed me six hundred dollars for three 
months." 

"Sure, and 111 probably owe it to you for three more." 

I looked him in the eye: "George, I need that money .* 

"You mean you really need it?^ 

I went on looking at him. 

"Hey, Louis, give Everitt a check for six hundred dollars." 

George's memory never betrayed him, but his vanity was 
stronger still. After all the big sales a number of us used to 
congregate at the Hotel Plaza for a few drinks. George was al- 
ways a little delayed because he could not walk the three 

[ 190 ] 



THE TRADE 

blocks from the gallery to the Plaza, but had to travel in fitting 
style in his Rolls-Royce. 

While we were waiting for him, some wag said, "Charlie, 
think up a good title of some piece of rare Americana that 
never existed." 

I devised a beauty; I wish I could remember what it was. 
After George's glass had been filled, I leaned over and said, 
"George, I think I made a mistake today. I had a copy of this 
thing, and I never heard of another. I let it go for five hundred, 
and I bet I gave it away." 

George lowered the water line a little. "That? Hell, I ve 
had two, and sold them for two hundred apiece." 

"George," I said, "two bottles of Mumm's Extra Dry from 
you, pleasel" 

Booksellers are constantly accused, usually with justice, of 
being bad businessmen. Or perhaps not with so much justice. 
The only occasion I ever knew when a bookseller looked up a 
reference offered by a customer was once when a very charm- 
ing lady from Laurel, Mississippi, came in and ordered seven 
or eight hundred dollars' worth of books from me. She asked 
to have them sent. As she was leaving the shop, she said, "Oh, 
perhaps you'd like a reference. Just ask at Tiffany's." 

Not knowing how to go about this, I went over in person to 
see the credit manager, who kept me waiting in line for over 
an hour. Finally my turn came and he said, "What can I do 
for you?" 

I said I would like to inquire about this lady's credit. 

"I don't know what your damn business is, but give it to 
her." 

That was the end of my credit investigations. 

Incidentally, Adolph Stager and I sold some $300,000 worth 

[ 191 ] 



THE ADVENTURES OF A TREASURE HUNTER 

of books on trust in the course of our career together, and our 
total losses were $32. 

Here is a story proving nothing except that booksellers some- 
times enjoy a little horseplay. 

Somewhere Lindley Eberstadt bought the Wickersham col- 
lection of material relating to Alaska. Wickersham was the 
author of the standard bibliography of Alaska, and Lindley 
found his private library. 

When he brought it in, it contained anthropology stuff that 
didn't interest the Eberstadts at all, but I liked the look of it. 
I, on the other hand, had a rare California pamphlet and no 
immediate customer in view. So I wandered over to swap. 
Ed Eberstadt said he would give me the anthropology ma- 
terial for the pamphlet and twenty-five dollars. 

After we had argued for two or three hours, we compro- 
mised on the anthropology plus fifty dollars for the pamphlet. 

In sorting out the anthropological material, I made two 
piles: the stuff I could use and the stuff I refused to carry 
away. Ed Eberstadt said all or nothing. I said, "Look here, 
I'm not going to pay a truck man five dollars to haul this 
junk" 

This argument also was compromised by my leaving the junk 
behind. 

Then Lindley Eberstadt had a stroke of genius. "Send the 
trash over to that cheap-book auctioneer on the East Side, to 
sell on commission." 

No sooner said than done. 

Next day I was at Eberstadts for my afternoon's arguing 
when the phone rang. Ed Eberstadt answered it 

"It's the auctioneer," he reported. "Says he doesn't like to 
sell this minor stuff on commission; he wants to buy it/' 

[ 192 ] 



THE TRADE 

He turned back to the phone: "How much can you give 
us for it? ... A hundred and a quarter? Just a minute; I 
don't know anything about this. Ill have to speak to my 
son, who bought the material." 

He put a firm hand over the mouthpiece. "The damned fool 
wants to pay us a hundred and twenty-five bucks for that 
junk; now watch!" 

"Well, I've just talked to my son, and he feels he really 
ought to get at least two hundred for material of this caliber." 
Ed made a face, and evidently successfully muffled the noise 
of his chuckles. 

"A hundred and fifty? Is that really the very best you can 
do? Just a minute, 111 have to ask my son's opinion. 

"Well, we're most reluctant to let such a collection go at 
a price like this, but I suppose if it's all you can afford, well 
have to meet you." 

Ed had been kidding me about my ignorance of anthro- 
pology, so I checked through the list and made a rough calcu- 
lation that nearly the whole lot could have been bought from 
the publishers, who still had the things in print, for $19.75. 
We all laughed our heads off until the evening after the sale. 
Then I added up the figures from a price catalogue, which 
totaled $280. Lindley's description of the gallery as a cheap- 
book place was true only in a very restricted way. 

This reminds me that for some reason Tracy McGregor 
wanted a copy of a little book of lectures by President Gilder- 
sleeve of Johns Hopkins. I advertised for it until I was blue 
in the face, and finally some helpful soul sent in a quotation 
of twenty-five dollars. I forwarded it to McGregor with a nota- 
tion: "This is ridiculous." 

When he wanted something, he never stopped to argue. He 
just sent a check. 

[ 193 ] 



THE ADVENTURES OF A TREASURE HUNTER 

A bibliographer friend of mine happened to see the item 
and the bill on McGregor's desk, and wrote me a post card: 
"Watch your step, Charlie. The Gildersleeve book is in print 
with the Johns Hopkins University Press, at $1.00 less 30 per 
cent" 

So twenty-four dollars went back by return mail to Mc- 
Gregor. After the number of times I have told other people 
to read the U. S. Catalogue, perhaps that is a cheap price for 
me to pay to learn that I had better do it, too. 



2. A bookseller s Tools 

BOOKSELLERS and would-be booksellers are usually much 
excited to know what bibliographies and reference tools they 
ought to have. The problem is rather more puzzling to them 
because nearly every bookseller somehow accumulates several 
shelves of so-called reference books. The last time I called on 
Lathrop Harper, I noticed that if he had one auction cata- 
logue, he had five thousand, along with at least five hundred 
volumes of bibliography. 

I am morally certain that he never looks at so much as one 
of these, because he already has all the real information in 
his head. My own collection numbers less than fifty volumes, 
and in any one year I probably do not look inside more than 
five. 

American Book Prices Current, for example, until Edward 
Lazare took over the editorship, was a sort of glorified pin- 
the-tail-on-the-donkey. You would find apparently identical 
copies of the same book selling in one sale for thirty dollars, 

[ 194 ] 



THE TRADE 

and at another sale for three hundred, and not a word of ex- 
planation. Unless you were actually at the sale or had handled 
the particular copies in question or at least knew whether 
the sale had been rigged, the only dependable figure in the 
book was the date. 

For example, if you hunt back through ABPC, you will hit 
on a copy of Josiah Priest's Antiquities of North America that 
sold for $45. If you were really gullible, you might even con- 
clude that only one copy of Priest had ever been sold at auc- 
tion. It is a reliable $1.50 book that you can find a good deal 
more often than at will: the simple truth is that nothing un- 
der five dollars gets listed in auction records for want of space. 

The $45 Priest is explained by the fact that a very shrewd 
buying agent for a large library had a card catalogue of 
everything this library owned. He managed to accumulate 
three or four hundred items not in the card catalogue (most 
of them because they were too common); then he held an 
auction. 

Morse, one of the great New York auctioneers, once told me 
that all he asked was three bidders: one live one and two 
posts. He did not conduct this particular sale, but it doesn't 
matter. 

In the course of my career I have owned seven sets of 
Joseph Sabin's Dictionary of Books Relating to America. It 
takes up a lot of room and costs a lot of money; and the only 
real use I have ever found for this famous reference set is 
in the power it has given me of noting smugly in my cata- 
logues, "Not in Sabin," and charging five dollars for fifty- 
cent truck. 

Occasionally one may vary this by saying, "Sabin No. " As 
only five hundred sets of Sabin were printed, this has the merit 
of mystifying the ordinary buyer. 

[ 195 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Incidentally, anyone who honestly wants to use Sabin should 
get it in the microphotographed Readex version, which oc- 
cupies about three inches of shelf-space. 

The two reference books I use almost daily are those most 
people have quite forgotten about. The first is Larned's 
Literature of American History; this is invaluable to any 
bookseller because it lists the references by period, with an 
appraisal by some eminent scholar after each title. 

The Pierre Margry Papers are a famous collection of docu- 
ments relating to the discovery and settlement of the Missis- 
sippi Valley, published in six paper-covered volumes in 1879- 
1888. A set would always bring seventy-five dollars when you 
could find one. 

We had an inquiry for a set, and as I was about to answer 
the letter, Harry Alpern brought over our copy of Lamed, 
opened to the entry for Margry. It was noted that in order 
to finance the publication of the papers, the Library of Con- 
gress had agreed to take five hundred sets. 

Harry quietly sat down and sent a post card to the Gov- 
ernment Printing Office: "Please send two sets Margry Papers." 

The sets duly arrived, with a statement that my deposit 
account at the GPO had been charged $4.80 per set post- 
paid. 

A little later we quietly ordered two more sets. 

When our haul had reached eight, the final shipment in- 
cluded a circular announcing that the price of the Margry 
Papers had been revised to $45.00. Once this tenfold price rise 
had made the book available to the ordinary bookseller, of 
course the whole stock was gone in no time. 

Just about then, too, the GPO reported as out of print 
Volumes I and III of Phillips's List of Atlases of the World, 
an invaluable reference tool. Knowing the ways of the Gov- 

[ 196 ] 



THE TRADE 

ernment Printing Office, I got a friend in Washington to inves- 
tigate. He reported that there were 1008 complete sets in 
such and such a room. For a year or two thereafter I kept 
myself well supplied with Phillips, always notifying the GPO 
where to find them. 

Literature of American History came out around 1906 and 
has never been revised, although the WPA collected enough 
material to quadruple its size. The original undertaking was 
financed by a Canadian named George lies, who lived at the 
Park Avenue Hotel in New York. He wrote an amazingly 
good book called Flame, Electricity and the Camera; but he 
was really more famous among all the booksellers in New York 
who had ten-cent counters. 

As a matter of fact, lies, like DeWitt Miller, spent a fortune 
in time and thoughtfulness on the ten-cent counters. He had 
a keen eye and a great memory, and he had friends all over 
the continent who were writing books on a variety of subjects. 
He used to distribute all his loot from the ten-cent counters 
around where it would do the most good. 

lies once told me about a visit he had from S. S. McClure, 
the publishing genius. McClure, with no money and no pros- 
pects, was just about to launch McClure s Magazine, which 
was soon to make "muckraking" a household word. During 
this visit McClure was passing the hat to raise capital. lies 
chipped in. He felt this entitled him to ask, "Sam, why are 
you wearing that Prince Albert coat?" 

McClure lifted up his coattails. "Because I've got a hole 
in the seat of my pants." 

After McClures Magazine had become an established 
success, McClure serialized in it his autobiography, which 
Willa Gather helped him with. It was a success story, of 

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THE ADVENTURES OF A TREASURE HUNTER 

course, but McClure's whole life was a dizzy series of ups and 
downs. As a matter of fact, he survived into the late 1940's 
(which would have amazed 98 per cent of the people who 
had known of him in his great days), and was not even able 
to make his own living. 

At all events, the autobiography was advertised with pla- 
cards on every wall and in every bus: **I came to New York 
with twenty-five cents." 

I saw one along Fourth Avenue on which somebody had 
neatly inscribed: "I bet he wishes he had it now!" 

George lies was once at a party given by Henry E. Hun- 
tington, at which some of Huntington's treasures were shown. 

Mr. Huntington was displaying a first edition of Pilgrim's 
Progress, and Mr. lies observed, "I hear you're giving away 
souvenirs today. I'd love to have that one." 

lies told me, "They watched me like a hawk the rest of the 
afternoon." 

The other reference book that I use all the time was issued 
in 1905 by the American Historical Association: Griffith's 
Publications of American Historical Societies. This is a verita- 
ble gold mine of information about biographical monographs 
and the like. 

I remember once I had a telephone call from the vice- 
president of a bank who said he was very anxious indeed to 
find some biography of his great-grandfather, Hugh William- 
son, the author of a history of North Carolina. In Griffith I 
learned that the New York Historical Society had published a 
pamphlet about Williamson early in the nineteenth century, 
and I soon dug out three copies from among the 25,000 odd 
pamphlets in my stock. I took one copy, spent fifty cents at 
Fridenberg's for a portrait, and had MacDonald put on a ten- 
dollar red morocco binding. Then I sent the finished product 

[ 198 ] 



THE TRADE 

to the banker with a bill for fifty dollars. He paid, and sent 
me an effusive note with his check. Two years later he tele- 
phoned again, and I braced myself in case he should have 
found out just how scarce his grandfather's biography really 
was. After all, I had put on a pretty binding. 

What he said was, "Mr. Everitt, does lightning ever strike 
twice in the same place? Could you possibly find me another 
copy of that biography?" 

Rapidly calculating how long it would take me to go through 
my own stock, I said, "Well, if you have quite a good deal of 
patience, I hope I may be able to find you another in four or 
five months." 

I did. 

Another reference tool that I have reason to remember viv- 
idly, although I don't look at it very often, is Bradford's 
Bibliographers Manual of American History, which is actually 
just a list of state, county, and town histories, issued (and 
probably compiled, I suspect) by Stan V. Henkels, the Phila- 
delphia book auctioneer. Bradford is in five quarto volumes. 
It was published at fifteen dollars, in an edition strictly lim- 
ited to five hundred sets. 

I bought twenty-five sets from Stan Henkels at fifteen 
dollars less discount, sold them, and bought and sold another 
twenty-five sets. Then I happened to be in Philadelphia, and 
he said, "Don't you want to buy fifty sets at three-fifty a set?" 

I said, "Sure, send them over.'' 

I catalogued these at a reduced price and promptly sold 
them all. Some weeks later I was down there again, and Hen- 
kels asked if I did not want to buy all that was left of the 
original five hundred sets at $2.50 a set. Having sold a hun- 
dred sets with very little difficulty myself, I thought I could 
probably get rid of what few remained. 

[ 199 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Within a few days a truck pulled up to my 34th Street 
store, and dumped off cartons containing 410 sets. There were 
2050 volumes, all wrapped in newspaper, quite unmarked 
in any way. It took two of my men three weeks to sort out 
the volumes. They have all disappeared, as they well de- 
served to, since this is still the only inclusive bibliography of 
American local history. 

Henkels, one of the great figures in American book auction- 
eering, was an unreconstructed Confederate. An appeal to his 
Southern patriotism was the only thing that could unsettle 
his judgment. 

Horace Hayden, librarian of the Wyoming Valley Historical 
Society at Wilkes-Barre, Pennsylvania, was the author of Vir- 
ginia Genealogies, one of the most famous volumes in its 
field. He sent me a note saying, "I'm getting pretty old, and 
I think I have too many books. Do you want to buy 
them?" 

I went down and offered him $3500. He said he would let 
me know. He did: he had had a letter from Stan Henkels. 
Henkels wrote: "Don't let that damned Yankee Charlie Everitt 
rob you. Send the books down here, and 111 get you twice 
whatever he offers/' 

The next time I saw Dr. Hayden at Wilkes-Barre was some 
months after he had received a check from Stan Henkels for 
$2200. I said, "This business of Southern gentlemen's sticking 
together is pretty expensive, isn't it?" 

Said Dr. Hayden: "Everitt, don't you think you should let 
sleeping dogs lie?" 

Unfortunately in his last years Stan Henkels was annoyed 
with me. I wrote something that got printed about the pam- 
phlets I bought in one of his sales for $45 and sold for $1400. 
My last communication from him was a note: "Charlie, you're 

[ 200 ] 



THE TRADE 

a damned liar." For once in my life I was not, but there was 
no answer to be made. 

Among the purchases I made from Henkels's auction gal- 
leries were some volumes of Texas newspapers. I sent a man 
down there, telling him to buy the stuff if he could get it 
for $250. 

He came back with the loot, and remarked, "Everitt, you 
don't know anything about newspapers. Here/' Handing me 
a bill for $14, he collected $1.40 commission. 

I was just in the act of collating the papers when Tom 
Streeter came in. As he was looking over my shoulder, a vol- 
ume fell open to a broadside from the period of Texas inde- 
pendence. 

"How much?" said Streeter, eagerly. 

"Oh, a hundred and fifty." 

Three or four pages further on, another broadside. 

"How much?" 

"A hundred and fifty." 

A few pages further on, the rarest Texas broadside in the 
world. The bottom had been torn off. It was one of Stephen 
Austin's pronouncements, no copy of which had ever been 
seen before. 

"How much for that, Charlie?" 

"With my compliments, Tom; you'll never complete it." 

The next time I was in London I had a letter from Streeter 
saying: "Here are the last seven lines of that broadside; I 
found them in a Missouri newspaper. See what you can do 
with it." The text of the broadside had been reprinted, and 
he had copied off the last part for me. 

I took the defective broadside and the missing text to 
Zaehnsdorf s world-famous bindery and asked what they could 
do about it. 

[ 201 ] 



THE ADVENTURES OF A TREASURE HUNTER 

'This will cost you a lot of money ," said Ernest Zaehnsdorf. 

"I didn't ask about that; I asked what you could do," I said, 
and departed for Scotland. 

When I got back, they had completed the broadside so 
perfectly that only a magnifying glass would tell where the 
original stopped and the copy began. They had lettered in 
the type by hand. 

"This is beautiful," I said. "What will it cost?" 

'Well, it took a man seven days to do it. You can give me 
seven pounds." 

This is one occasion when the discovery of a unique item 
has not lured out any further copies. Tom Streeter's, cobbled 
as it is, remains alone. 

In trying to keep this book as pure as Ivory soap claims to 
be, IVe looked over a good many volumes about bookselling 
and book collecting. The only one that struck me as completely 
truthful is the Memoirs of the Life of Mr. James Lackington, 
a great London bookseller, who, like me, was brought up a 
devout Methodist. In middle life, after telling tales of book 
transactions that he felt were less than perfectly honest, he 
recanted and became an agnostic. Later on, he apparently be- 
gan to worry about the future, returned to Methodism, and 
wrote another pious Methodist book. I have not followed him 
that far. 

Of all the millions of words that have been written about 
bookselling and rare books, most are damn nonsense. The 
whole thing is really nothing but a battle of wits. 

One bookselling book, Tommy Spencer's Forty Years in My 
Bookshop, is an example of most of its kind, and I don't think 
too much of it. Possibly I am prejudiced. On my first trip to 
London I had a number of invitations from Mr. Spencer to 

[ 202 ] 



THE TRADE 

come in. When I finally went, I saw a bunch of junk over in 
one corner, and to save my face, I picked out two or three 
things that I thought were worth carting away. 

"Oh, those books are married," said Spencer. (This is an 
English trade term for what we here call a "tie-in" sale you 
buy all the books or none.) 

I had made up my mind to spend probably five quid on 
brother Spencer, so I priced the married lot. 

"You can have those for a hundred quid." 

"Good-by. I'll be seeing you soon." And off I went. 

It happened that Erhard Weyhe of New York, the world's 
greatest dealer in art books, was staying at the same hotel 
where I was. He spoke to me that evening. "Do you want to 
buy anything from Spencer?" 

"Oh, he has some junk that I'd be willing to have." 

"Well, come along with me. I'm going to spend two or 
three thousand pounds down there tonight, and hell sell you 
what you want at any price or no price to get you out of the 
place." 

So down we went. The fat Mr. Spencer kept shifting un- 
easily in his chair, and did not seem at all glad to see me. 
"Well, uh, Mr. Everitt, what will you give me for that lot of 
Americana?" 

"Well, I was thinking of ten quid." 

"Take them away," said Spencer with a sweep of the arm 
and a great sigh of relief. 

The only comparable book to Spencer's that I can think of 
in this country is Dr. Abraham S. W. Rosenbach's Books and 
Bidders. 

Some other attempts have been made along the same line, 
but so far as I know, no other book equals these two. 

If you think gooey writing is a thing of the past, let me 

[ 203 ] 



THE ADVENTURES OF A TREASURE HUNTER 

quote to you from the Antiquarian Bookman of June 3, 1950. 
"We want bookshops pleasant to enter into, catalogues be- 
guiling to order out of, libraries treasure-houses of pleasure, 
not mausoleums, collectors' meetings as merry and many as 
possible." If I ever go into this dream bookshop, I think it 
will take two bottles of Mothersill's Remedy and two quarts 
of Old Taylor before I feel comfortable again. As to the kind 
of libraries described, to say nothing of the collectors' meet- 
ings, thank God, they don't exist. 

"But," the editor continues, "there are no 'trade secrets/ 
We do pay off on knowledge, but this is available to all who 
will take the trouble to seek it out." 

I know of no fifty-six words that contain so much misin- 
formation about bookselling. If you had all, or even half, the 
trade secrets (by which I mean information not listed in any 
bibliography) in the heads of Lathrop Harper, Edward 
Eberstadt, Mike Walsh, Ernest Wessen, Sam Dauber, Leon 
Kashnor, Mark Cohen, Charlie Harris, and a few others like 
them, you could as I have said before this make a very 
handsome living out of rare books without a dollar of capital 
or a single volume of bibliography. 

As you may have concluded from my letter-carrier friend's 
experience with Beck's Illinois Gazetteer, on the other hand, 
bibliographies and reference books are not worth a damn any- 
way unless you know how to use them. 

One of the most solemn bookselling organizations I know 
of will never sell an old book until they have searched all their 
own catalogues and all the other catalogues and price lists in 
their extensive reference library. They are very much afraid of 
giving away something for nothing. But at the same time 
there has to be some end to their pains. Since the various 

[ 204 ] 



THE TRADE 

volumes of American Book Prices Current do not bother with 
items that auctioned below five dollars, these good people have 
established a working rule that any book they cannot find 
must be worth about $3.50. 

On one occasion I bought some Mexican pamphlets con- 
cerning California. There were three items that they had not 
been able to find in the reference books. "Well call you up 
when we've priced these/' their man said. 

After a while he did so, and gave me the not unexpected 
news that the price of each was $3.50 less 10 per cent. 

Since all I said was, "All right, send them over," I hope 
I showed no excitement. But the parcel post took four days, 
and I got a little uneasy. 

All was well, however, when they arrived, and I personally 
delivered them to a Western specialist who paid me nine 
hundred dollars for two of them. 

I don't know exactly how I have developed a feel for tell- 
ing when such unprepossessing-looking junk is worthless and 
when it is priceless. For one thing, although I can only pick 
out about six words of Spanish, I have a sharp eye for such 
names as California, Oregon, and Texas, no matter how 
baffling the words that surround them. When I see these words 
in a Mexican publication between 1830 and 1848, the chances 
are that the thing is not recorded, not because it is too cheap 
to bother with, but because it is unique. 

Once when I came back from a London trip, my partner 
Stager said smugly, "Dauber & Pine had a cattle-trade map 
catalogued for seven-fifty. So I bought it, and sold it for fifty 
dollars." 

"Adolph," I said, "Dauber & Pine were pretty stupid, but 

[ 205 ] 



THE ADVENTURES OF A TREASURE HUNTER 

you were a lot stupider.** The map had been issued in the 
1880's by one of the Western railroads, and only three copies 
had ever been heard of. 

In those days I lived down near Dauber & Pine's and used 
to drop in almost every night. Sam Dauber buttonholed me. 
"I had two copies of that cattle map, Charlie," he said, "but 
Adolph tried to beat me down to five dollars, so I didn't tell 
him. Would you like the other copy?" 

"Sure, 111 give you seven-fifty with no argument at all,** 
I said. 

I turned mine over for $350. When the buyer's estate was 
sold up not so very long afterward, the map brought $475. 

In other words, it's imagination, not bibliography, that 
makes money. 

Sometimes I think that the followers of A. Edward Newton, 
Merle Johnson, and Barton Currie should all go to a psy- 
chiatrist; then I wonder whether psychiatrists can do any 
good to sheep. 

One of the most famous "tools" for first edition collectors is 
Merle Johnson's American First Editions. When Johnson was 
putting the book together, he said to me, "Charlie, this is 
just a game, like checkers. If I can persuade a man that one 
edition of a book is worth five dollars, and another edition is 
worth three hundred, then I can sell him the three-hundred- 
dollar one." 

He and I had a long argument over the true first edition of 
Richard Henry Dana, Jr.'s Two Years Before the Mast. Harper 
& Brothers put out one edition in black cloth and another, 
cheaper, in their "school library." I kept telling Johnson I 
had never heard of a publisher's putting out a cheap reprint 
before the original edition. During this argument I sold a 

[ 206 ] 



THE TRADE 

very nice copy in black cloth to a collector from Pittsburgh 
for a hundred dollars. Johnson could not see the force of my 
argument, as in his collector's bible he insisted that the "school 
library" edition was the first. My Pittsburgh collector, reading 
Johnson, declared I had robbed him. I told him that books 
were always sold on the basis of the best knowledge at the 
time when they were sold. He was not satisfied. 

I said I would be glad to give him $150 for the book. He 
said all bibliographers and booksellers were a pack of scoun- 
drels, and he was going to sell his collection and never buy 
another book. At the sale the Two Years Before the Mast that 
he complained about brought $275. For a while after the issue 
of Johnson's bibliography the "school library" edition sold for 
as much as $1200. 

Johnson's book has since undergone several revisions at 
the hands of Jacob Blanck, and is now as accurate as any 
reference book can be. Let me remark, parenthetically that 
it calls the black cloth Two Years Before the Mast the true 
first edition. 

Apropos of books about book collecting, one of the greatest 
living bibliographers is Mr. R. W. G. Vail. I can hardly ever 
remember catching him in a mistake, but I treasure as a sub- 
lime understatement the following note in his The Literature 
of Book Collecting: "Currie, Barton Wood, Fishers of Books 
. . . Pleasantly written, not always accurate ... A melan- 
choly souvenir of frenzied collecting at top-notch prices be- 
fore the crash. 

One of the best and most down-to-earth books about books 
I know is Leon Vincent's Life of DeWitt Miller. 

Miller was among my favorite book collectors. He made 
a good living as a Chautauqua lecturer. When he was not on 

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THE ADVENTURES OF A TREASURE HUNTER 

the platform, he was usually infesting some old bookstore. 
He could be sure of a warm welcome in every shop in the 
country. He used to carry a green cloth lawyer's bag three 
feet long, and seldom left a bookstore without filling it to the 
top. 

You could never tell what he was going to buy; it might be 
anything in the whole field of literature, biography, or history. 
Eight out of every ten books he bought he was likely to in- 
scribe and send off to friends. 

(Incidentally, he took a fiendish delight in buying at sec- 
ondhand stores copies he had autographed and sending them 
back to the original recipients.) 

Miller had the best accidental collection of great rarities I 
ever knew of. He cared nothing about rarities as such; his 
method was to go into a bookstore, pull a bagful of volumes 
off the shelves, never looking at the prices, and say, "How 
much?" 

In the small-town shops where he usually went, the dealers 
were just as innocent about five-hundred-dollar books as he 
was. So he accumulated an incredible collection without any- 
one's being the wiser, least of all himself. 

His conscious ambition was to accumulate a perfect work- 
ing library, and in this he succeeded admirably. At the time 
of his death he had many thousands of volumes. 

He left this library to a small school in Maryland, along 
with money to brace up a building to house it. The trustees 
after a few years called in an auctioneer, who picked out about 
three hundred volumes from the thousands of books. He must 
have been stunned by the quantity, because he overlooked at 
least ten times as many rarities as he took. 

Then, within a few years, the trustees showed that their 
library training had not been wasted: they decided that the 

[ 208 ] 



THE TRADE 

building was overcrowded, and sold all the books to a book- 
shop I know for a few dollars above the freight charges. 

The owners of that bookshop not only lived on this col- 
lection for a decade, but they are still selling items from it. 

The first rule of sound practice for any collector, and indeed 
any dealer, is to establish a firm connection with someone he 
can trust, and not keep shopping around in search of an extra 
dollar. (You may remember that Mr. Ford thought it cheaper 
to pay me fifteen dollars for something than to keep hunting 
until he could buy it for ten dollars.) Quite aside from the 
time you waste, dealing with a friend often shows a better 
dollar balance. 

I once had a letter from a real-estate man in Virginia in- 
quiring about a manuscript he had. He said he did not know 
what it was, and would like it appraised or perhaps sold. I 
wrote him to send it on, and to be sure to ship it express, 
insured. This is the easiest and quietest way of finding out 
how high an owner himself values his property. The manu- 
script arrived, insured for twenty-five dollars. When I looked 
it over, I found that it was the original manuscript of Goo- 
kin's Indians of New England. 

First I went to the oracle, Mr. Eames, to learn if the manu- 
script had ever been printed. He soon told me that it had been 
printed in the Transactions of the American Antiquarian So- 
ciety, and, furthermore, that this identical manuscript had 
served the printer as copy. 

I wrote the owner that I did not know what the manuscript 
was really worth, but that I could get him fifteen hundred 
dollars immediately, or three thousand if he were not in a 
great hurry. 

He wired that he was coming to town next day. His first 

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THE ADVENTURES OF A TREASURE HUNTER 

and practically only act was to claim his manuscript and scoot 
out of the store. 

I filled in by the grapevine what happened afterward. He 
took the manuscript to the largest auction gallery in the 
country, whose Americana expert assured him I was robbing 
him. He said the manuscript would bring five thousand at the 
very least. When the precious manuscript came up at auction, 
a colleague of mine bought it for four hundred dollars. 

I sent a postcard to the former owner: 'Tour not liking my 
face was pretty expensive." 

For a person who has made much of his living through six 
decades by reading booksellers' catalogues, I find myself pecu- 
liarly apt to be enraged by them. The other day I was reading 
a catalogue in which the word "scarce" appeared forty-seven 
times and the word "rare" eleven times. Out of the fifty-eight, 
none was rare; one of the "rare" ones was, as a matter of fact, 
rather scarce. 

Somehow I don't mind this quite so much when the booksel- 
ler privately knows better. For instance, I once stopped at 
Charles Chadenat's famous bookshop in Paris. Chadenat wel- 
comed me with considerable ceremony. I found he had a rope 
across the door of his rare-book room. 

"America has driven down the value of the franc, and I 
don't want to sell any rarities until the franc has risen again," 
he explained. "However, you and Mr. Harper have been good 
customers of mine for years, and if you can come back to- 
morrow, I will be glad to show you any Western Americana I 
may have." When I came back, he produced, with an air of 
religious awe, a French volume about the California gold rush. 
The word "rare" seemed to take on new meaning as he ex- 
plained and gesticulated. It was really a gesture of interna- 

[ 210 ] 



THE TRADE 

tional good will to allow such a gem to pass from his hands 
to mine. Furthermore, it was as fresh as the day it came from 
the bindery. 

My experience is that books as clean as this have usually 
been protected by having other copies on each side of them. I 
said, "That's fine, Monsieur Chadenat. Ill be glad to take ten 
copies." 

He flushed with mortification. "But I only have eight/' 
By the way, my own rule-of-thumb definition of a scarce 
book is one that you have to spend two or three years hunting 
for; of a rare book, one that you can't find in ten or twenty 
years. 



[ 211 ] 



PART IF 

C.P.E. 



EVERYONE knows that the cobbler's children have no shoes. 
By the same token, very few booksellers read. If I have any 
eccentricity as a bookseller, I suppose it is my habit of read- 
ing my wares. This in turn I got from my mother, who was 
a country schoolteacher in Andover, New Jersey. There have 
been many lists of books that influenced American thought, 
but sixty-five years ago practically none of these lists were 
available in the country. Instead, my mother used to read aloud 
at least three nights a week. When I was a boy, the family 
library consisted of a Bible, a set of Josephus, and a copy of 
E. P. Roe's Barriers Burned Away, a novel about the Chicago 
fire. To this day, I know nothing more about the Chicago 
fire. 

The library kept pace with me in its growth. The additions 
included John Habberton's Hekris Babies, Harriet Beecher 
Stowe's Old Town Folks, a volume of California humor called 
Phoenixiana, and another of Mrs. Stowe's novels, which im- 
pressed me at the time more than any of the others, Dred. 
I still think it a better story than Uncle Toms Cabin. 

Between feeding three farmhands, making butter, and milk- 
ing cows when some of our men were drunk, my mother spent 

[ 213 ] 



THE ADVENTURES OF A TREASURE HUNTER 

four months reading Vanity Fair aloud. My only surviving 
impression of this is that Becky Sharp is one of the most vicious 
characters in fiction. 

When I was twelve years old, I was presented with a copy 
of The Last of the Mohicans. I was lucky enough to find a place 
on the roof where my father could not see me; so when I was 
supposed to be chopping kindling for the next day, I would be 
reading about Natty Bumppo. 

When my own children came along, I assumed that they 
would enjoy the Leatherstocking Tales, so I presented each 
one with a set. None of them could read Cooper at all. 

So I tried to reread those stodgy volumes, and discovered 
that my children were dead right. 

So many years ago that I have quite lost count, I had an 
open bookshop across the street from Wanamaker's. A woman 
I knew slightly came in one day, and asked if I had ever heard 
of Rudyard Kipling. 

"Who is Rudyard Kipling?" I asked, or words to that effect. 

She gave me a copy of John Lovell's edition of Barrack 
Room Ballads. I read it. 

Of course you know how youngsters ( I was in my twenties ) 
are carried away by enthusiasm for a book. I was carried away 
by that one, and the odd thing is I have never changed my 
mind. I thought then, and I think now, that Rudyard Kipling 
was the greatest writer of my generation. I may not live to 
see his reputation back where it belongs, but it will come 
back. 

I have always had the run of Frank Doubleday's publishing 
offices; I worked for him once, and my brother was his partner. 
Doubleday was noted for his enormous wastebasket, which 
stood up higher than his desk. One day I was in his office, 

[ 214 ] 



C.P.E. 

and noticed some galley proofs just within my reach in his 
wastebasket. 

"What are those, Effendi?" I asked. 

"Oh, those are the galleys of Kim. We've gone into pages, 
and we don't need the galleys." 

I fished the proofs out. There seemed to be two or three 
hundred corrections in Kipling's hand. 

"Look here, Effendi," I said, "fifty-fifty on what I get for 
these." 

The great Kipling collector of that time was a man named 
Williamson. He got a bargain when he paid me $750 for the 
galleys. 

As Kipling became better known, copyright protection on 
his works grew important. Until recently it was necessary in 
such cases, under American copyright law, to make separate 
printings. Two copies had to go to the Library of Congress, 
and two copies had to be billed to some dealer. I remember 
as if it were yesterday the time when Doubleday, my brother 
Sam, and Kipling stood by the press while the special copy- 
right printing of The White Mans Burden came off. The edi- 
tion was ten copies, and then the type was destroyed. 

I was the dealer involved. Two copies of the poem were 
billed to me at $1.50 less 40 per cent, ninety cents each. 

Kipling inscribed a copy to J. L. Thompson, Doubleday's 
business manager. I don't ever expect to know what happened 
to the other three copies. 

With what I hope is less than my usual imagination, I sold 
my two copies to collectors at fifty dollars apiece. Quite a while 
later I sold the Thompson copy to Mr. Ellis A. Ballard, the 
great Philadelphia collector, for fifteen hundred dollars. When 
Kipling collectors utterly vanished, the Ballard collection was 
sold at the American Art Association Galleries for about 10 

[ 215 ] 



THE ADVENTURES OF A TREASURE HUNTER 

per cent of its appraised value. Still, one consolation was that 
The White Man's Burden, the high spot of the sale, brought 
five hundred dollars. 

During the Kipling boom, without question the outstanding 
authority on Kipling was Travers Brown, a bookseller with a 
wonderful knowledge of first editions; he was also a friend of 
mine, a diabetic, and perfectly irresponsible, He used to play 
bridge at my house all the time, lose steadily, and leave me to 
pay his losses. He also bought, or at least picked out and 
removed, books from my shop. 

One day he asked me down for a drink. His diabetes had 
been getting worse. "Charlie," he said, "I'm going to commit 
suicide tomorrow. Have your man Harry come down to the 
store and pick out anything he wants so as to settle our ac- 
count." 

"It's all right with me, Travers," I said. "I haven't the slight- 
est idea what you owe me anyway." And I departed for New 
Hampshire. 

My man Friday, Harry Alpern, went down as instructed 
and picked out some books, including the Montdale and Liv- 
ingston bibliographies of Kipling. They contained not hun- 
dreds but thousands of additional notes by Brown. I gave 
the matter no further thought until I got back from New 
Hampshire. Then I discovered that Harry, being afraid I 
would worry, had not notified me that Mr. Brown had jumped 
off a boat. 

My connections with the firm of Doubleday kept me well 
supplied with Kipling material for a good many years. One 
item that passed through my hands rather embarrassed me. 
While I was away, John Phillips, who had been Double- 
day's editor, and also a partner in the firm of McClure, Phil- 
lips, came into the store with some books because he was 

[ 216 ] 



C.P.E. 

moving to Goshen, New York. Harry Alpern quite inno- 
cently and unsuspectingly gave him a hundred dollars for 
the lot. 

On my return I discovered that the books included Mark 
Twain's privately printed What Is Man? and two chapters of 
the original manuscript of Stalky 6- Co. Everybody's inten- 
tions had been of the best; I could not go back on Harry; and 
Phillips did not need the money, so we left it at that. I sold 
the Mark Twain for a hundred and fifty dollars, and sat back 
to wait with the Kipling. 

My phone rang, and a voice said, "I'm Stewart, from Halifax, 
Nova Scotia. Sam Dauber tells me you have some unusual 
Kipling material. Could you come down to the Ritz-Carlton 
and show it to me?" 

At the Ritz-Carlton I found a man on two crutches, who in- 
troduced himself and apologized for not being able to call at 
my store. In his room he had two satchels, one on each side of 
his chair. 

First I showed him several of my scarce copyright printings. 
He looked each one over, said, "I have that," and reached for 
the next. 

Then I showed him a little book of recitations, containing 
Kipling's first American appearance in print. 

"What's this worth?" he asked. 

I said, "Ten cents, and I want fifty dollars for it," 

Mr. Stewart reached down into the left satchel and handed 
me a fifty-dollar bill. 

"Now," he went on, "I see you have some manuscript of 
Stalktj & Co." He looked at the pages for a moment, and went 
on, "I understand from Mr. Dauber that you want a thousand 
dollars for this." 

I said yes. 

[ 217 ] 



THE ADVENTURES OF A TREASURE HUNTER 

He reached down into the right-hand satchel and handed 
me twenty Canadian fifty-dollar bills. 

"Wait a minute," he said, "the Canadian exchange is against 
us/' And he reached into the left-hand satchel and gave me 
an American fifty-dollar bill. 

"Now/' I said, "Mr. Stewart, would you have any objection 
to telling me what the hell this is all about? I know you are a 
friend of Kipling's, and that's all I do know/' 

"Well, I have a paper business up in Halifax that makes me 
a few dollars, and every once in so often I like to go on a 
binge. Most of the time I won't answer letters, look at cata- 
logues, pay any attention to booksellers' quotations, or any- 
thing else. Then I break out. I happen to have the feeling that 
Kipling is the most important man in my lifetime, or your 
lifetime, and I'd like to get together the best Kipling collec- 
tion there is. We have a little university up in Halifax, doesn't 
amount to much, but anyway I mean to give this collection 
to the university. Probably not a son of a bitch in the world 
will ever look at it, but if it provides any inspiration to just 
one man, that's all I need." 

After Travers Brown's suicide, I offered his annotated Kip- 
ling bibliographies to Mr. Stewart for $500. Mr. Stewart did 
not feel they were worth more than $250, so I hung on to 
them. If he wants them today for $50, they are his. 

(By the way, The White Mans Burden was the last copy- 
right printing of which exact records were kept. No bibli- 
ographer will ever know how many copies were printed of 
the innumerable subsequent copyright issues. The boys in 
Doubleday's office suddenly discovered there was a good thing 
to be made out of these, and for some time special Kipling 
copyright printings could be bought, at steadily rising prices.) 

# * * 
[ 218 ] 



C.P.E. 

The year I was pinch-hitting for J. L. Thompson, the sales 
manager for Doubleday, Page & Co., the firm published a novel 
by Alfred Ollivant called Bob, Son of Battle. All our readers 
and all our editors agreed that it was the best dog story ever 
written. 

By advertising extensively and trying to spread our own 
personal enthusiasm, we managed (with some difficulty) to 
sell a few hundred copies. 

One day Frank Doubleday was in my office, feeling very 
doleful about our pet book. 

"Charlie, I just can't understand it. Here's a book written 
by a man in a wheel chair, which everybody around here 
insists is the best dog story ever put on paper. We have a fist- 
ful of reviews that say the same thing. We spend hundreds 
of dollars trying to tell the public about it. And then what? 
Our salesmen come back and say they can't get it onto the 
bookseller's shelves with a sledge hammer. Are you crazy?" 

"Effendi," I said, "you go back to your office and write 
down what you've just been telling me. Let me make an ad 
out of that' 9 

The next issue of the World's Work (which Doubleday 
owned) contained a full-page ad headed: "The Autobiography 
of a Novel." In the following six months we must have sold 
fifty thousand copies. A publisher's real problem is making 
people listen the first time. 

Frank Doubleday had an extremely well-grounded skep- 
ticism about the merchandising abilities of American book- 
sellers. Whenever he really wanted to sell many copies of a 
book, he would think up a brand-new outlet. 

Bliss Perry edited for him three ten-volume sets of Little 
Classics. The sale through the bookstores was downright mis- 
erable. Finally Perry got discouraged, came to Doubleday, 

[ 219 ] 



THE ADVENTURES OF A TREASURE HUNTER 

and said, "I don't see any future for these wretched things. 
If you can give me a few hundred dollars in cash, I'll be glad 
to sign a receipt for payment in full." 

Doubleday gave him the check, and Perry put on his hat 
and departed. 

The door had hardly slammed behind him when Frank 
Doubleday, true to his mistrust of the book trade, went down 
to see Charles Lanier, of the Review of Reviews. He extracted 
from Lanier an order for 300,000 volumes of the Little Classics. 

In the next two or three years Lanier reordered more than 
once, in quantities almost equal to the original order. 

Doubleday scrupulously sent royalty checks to Bliss Perry 
(which was not enough to keep Perry in the Doubleday stable 
of authors). 

In 1896, my boss, Summer-field MacLean, bought a tremen- 
dous library of Anglican theology. I found myself taking an 
interest in it, and became something of a specialist in Anglican 
bibliography. While MacLean was dispersing the library, 
Bishop Darlington of Pittsburgh was an almost daily frequenter 
of the store. He could never resist a seventeenth-century book, 
regardless of the subject. 

We supplied him with these, and he began bringing in his 
friends. One in particular, Reverend Stewart Crockett, came 
almost as often as the bishop. When he discovered that I had 
a smattering of Episcopalian bibliography, he used to hold 
most of his dealings with me. 

Bishop Darlington was an eminently free-and-easy, jovial 
backslapper, whom I had got into the habit of treating not 
at all as you might expect a bishop to be treated. More or 
less unconsciously I extended the habit to Dr. Crockett. Ap- 
parently this was a mistake; or perhaps it wasn't. Anyway, 

[ 220 ] 



C.P.E. 

one day as Dr. Crockett was leaving the store, he turned and 
said, "Everitt, will you deliver a message to your wife?" 

I said I would be glad to. 

"You tell Mrs. Everitt that I shall be glad to preach your 
funeral sermon gratis." 

"Will you indeed?" I said. "What are you going to say?" 

"The simplest thing in the world. Ill stand up beside the 
coffin and just say, 'We all hope he's gone where we know 
he hasn't.'" 

Only a few months later Crockett was robbed of this pleasure 
by death. I appraised his library, and of course made no 
charge. 

In October of 1898 I left Summerfield MacLean and 
opened my own bookstore at 18 East 23rd Street, under- 
neath the Scott Stamp and Coin Company. I had a few 
books and $303 in cash, but more shelves than books. That 
was the season when Kipling's The Day's Work came out, and 
I had my window full of it, along with some theological books. 

After a few weeks I had a visit from the janitor of the 
Catherine Wolfe house at 24th Street and Madison Avenue. 

Miss Wolfe had recently died, leaving her estate under the 
care of David Wolfe Bishop and Cortlandt Field Bishop, the 
latter of whom owned the American Art Association Galleries. 
They had sold the house to the Metropolitan Life Insurance 
Company, which later put up the present building on the 
site. 

The janitor's tale was that Mr. Bishop had sent several 
barrels of old books downstairs with instructions to burn 
them, but the janitor thought he might pick up a dollar or 
two by speaking to me. 

I went over to look at the rubbish, which proved to be 

[ 221 ] 



THE ADVENTURES OF A TREASURE HUNTER 

American pamphlets. "How much do you want for these?" 
I asked. 

"Oh, give me five dollars," said the janitor. 

Not unnaturally, I was uneasy. I said that I would be glad 
to do business if the janitor could give me a note from Mr. 
Bishop. 

He came back with the note in about ten minutes, and I 
handed him fifty dollars. Part of this princely sum was to 
pay for his bringing the barrels over in a wheelbarrow. 

One of the axioms in the rare-book trade is that the grape- 
vine spreads word of any important new collection like wild- 
fire. One bookseller called on me by accident the next morn- 
ing; he couldn't keep his mouth shut; when I opened the 
store the morning after, seven booksellers were on the door- 
step. 

I took in two or three thousand dollars that day (none of it 
accounted for by Kipling or theology). As I look back now, 
I realize that I was a good deal stupider than the janitor who 
sold me the lot for fifty dollars. 

Thanks to Mr. Bishop and his janitor, and in spite of my 
own ignorance, I accumulated quite a fair-sized bankroll for 
a bookseller. I was very glad of it when I got a letter from 
the widow of a man who had been postmaster in Harrisburg 
for sixty-five years. 

I went down to look over his library, which was a very 
nice one. We agreed on a price of around twelve hundred 
dollars; I wrote my check and was about to leave. 

a just a minute," she said. "Let me get out that old box. 
My husband kept a sheet of every stamp that was issued dur- 
ing his sixty-five years as postmaster. Could you afford to 
give me five dollars for the lot?" 

I looked at the contents of the box. There were about five 

[ 222 ] 



C.P.E. 

hundred dollars' worth, face value, of uncanceled stamps 
there. 

"Look," I said, "I have my ticket to New York, and $205 
in cash on me. Ill give you two hundred dollars, but I 
strongly advise you not to take it, because I think you can do 
much better." 

"If I offer it to you for five dollars, and you offer me two 
hundred," she replied, "I think it would be most unethical 
of me not to accept." So I shelled out the two hundred dol- 
lars, and added the stamps to my take. 

Back in New York I went upstairs to Scott's, and put the 
stamps on the desk of John Luff, who was the leading stamp 
authority of the time. 

"John," I said, "I want you to pick out all the stamps in 
here that are selling at a premium, and let me have the rest 
to use for postage." 

A couple of hours later he came down. "Here, 111 give you 
two thousand for these, and that will leave you about three 
hundred dollars' worth of stamps to stick on your enve- 
lopes." 

I looked at him. "John, are you robbing me plenty?" 

He looked right back. "You bet your damn life." And we 
closed the deal. 

One of the finest libraries that has passed through my hands 
belonged to William H. Egle, the Pennsylvania historian. It 
was rich in genealogies. As I was thumbing through one vol- 
ume, I came on a single sheet of paper; it was in crabbed 
German, but I finally figured out that it consisted of ten birth 
notices of members of the Bellinger family. It was printed in 
1763 at Ephrata, Pennsylvania, the great seat of pre-Revolu- 
tionary German-American printing. Dr. Egle had written in 

[ 223 ] 



THE ADVENTURES OF A TREASURE HUNTER 

the margin, "The first known genealogical record printed in 
America." 

By this time I was a real expert, so I boldly priced the 
broadside at $150. 

The morning after my catalogue was mailed, the librarian 
of one of the three largest genealogical societies in the coun- 
try telephoned long distance. "Have you still got that Bol- 
linger broadside?" 

"Yes." 

"Is it mine?" 

"Sure." 

"All right, then. Everitt, you aren't so hot. We've been 
advertising for years that we would pay a thousand dollars 
for that broadside if we could find one." 

I may have lost a paper profit on the Bollinger genealogy. 
Another item in the same catalogue brought me a valuable 
and much cherished friendship. There was a book by William 
Byrd of Virginia, written in German and printed in Switzer- 
land in 1737, entitled (in translation) 'New Found Eden. I 
have since concluded that this was certainly almost the first, 
and probably the first, attempt at real-estate promotion in 
Virginia and North Carolina. I was trying to work up nerve 
enough to tag it a hundred dollars. 

Looking for moral support, I spoke to Daniel Parish, of the 
New York Historical Society, who used to frequent my store. 

"I don't know a thing about this kind of stuff," he said, 
"but there's a man named Wilberforce Eames up at the 
Lenox Library who knows more about it than any other 
person living. He's a nice fellow. Why not go see him?" 

So up I went with my New Found Eden. The Lenox Li- 
brary in those days, before it became part of the New York 
Public Library, was in the East Seventies. Mr. Eames wel- 

[ 224 ] 



C.P.E. 

corned me in, looked over my book, and got out his copy. 

When we compared them, it turned out that his copy had 
only one map, whereas mine had two. 

"What is your price for your copy, Mr. Everitt?" he asked. 

"I haven't the slightest idea. I came to you for information 
about it, and I'm as ignorant as a babe unborn." 

I supposed that concluded the interview, and I was just 
getting ready to leave when Mr. Eames said, "If you would 
consider taking two hundred and fifty and our copy, lacking 
one map, we should be very delighted indeed to have your 
copy." 

I did not dawdle very long about trading copies, and went 
back to the store with his copy instead of mine. 

It was my good luck to have many occasions afterward for 
discovering that Mr. Eames was the one librarian who never 
made a mistake about a book. No other copy of Byrd's New 
Found Eden has ever been offered for sale (although the print- 
ing of these words will probably bring four copies to the sur- 
face). 

About 1902 or 1903 John Francis (who had worked with 
me at Summerfield MacLean's) and I started the Everitt & 
Francis Company. We made some money, but not enough to 
satisfy two such ambitious operators, so we rented a huge 
store at 114 East 23rd Street. A man came in one day and 
said, "I'm moving. I have a bunch of old books, and if you'll 
pay for the express, you're welcome to them." He never gave 
his name, and I was not interested enough to ask. 

A little while later an expressman delivered a large pack- 
ing case, and demanded seventy-five cents' ransom. I hap- 
pened to be out, and one of the boys paid the seventy-five 
cents. 

[ 225 ] 



THE ADVENTURES OF A TREASURE HUNTER 

When I got back, I pawed through the contents of the case. 
"Well," I said, "we're out only seventy-five cents anyway. 
Wait a minute, what's this?" 

It was the paper cover to J. Q. Howard's Life of Lincoln, 
Cincinnati, 1860. Just the cover, no contents. 

"Oh, a lot of those were used to stuff out the case." 

"What did you do with them?" 

"Put them down cellar." 

"All right, take this trash down cellar, and bring them up 
instead." 

He staggered back upstairs with a load of twenty-eight 
copies in original paper wrappers. 

I sat down and wrote to Major William H. Lambert of 
Philadelphia, then the greatest Lincoln collector. "How would 
you like a copy of Howard's Life of Lincoln for ten dollars?" 
I asked. 

He replied in crisp military fashion by endorsement on my 
note: "There is no such book." 

So I sent him a copy. 

He sent back two ten-dollar bills, with a note; "Send an- 
other copy." Herman Sauer, the wisest Lincoln scout of the 
time, bought five copies. He did not think it worth calling to 
my attention something I had not noticed, namely, that one 
of the copies he bought was in German. This, I learned later, 
he sold to Charles McLellan, of Boody, McLellan & Company, 
for a hundred dollars. 

Colonel McLellan was a Confederate officer who spent 
all the latter half of his life buying books about Lincoln. 
John D. Rockefeller, Jr., eventually bought his collection and 
gave it to the Brown University library. (The last sale prices 
of Howard's Lincoln that I heard of were $250 for the Ger- 
man, and two copies of the English for $150 each. ) 

[ 226 ] 



C.P.E. 

At this time Emmanuel Hertz was just launching on his 
interest in Lincolniana. He told me that J. Q. Howard was still 
alive, and still working at a job that Lincoln had given him 
as a reward for writing the biography, in the Library of Con- 
gress. I wrote to Mr. Howard, asking if he could tell me any- 
thing about his Life of Lincoln. 

Two-line reply: "If you want my autograph, send me two 
dollars." I did not want his autograph, so I wrote to John 
Hay, Lincoln's biographer, asking what he knew. 

His reply ran to two pages. The meat of it was that Howard 
had written the biography of Lincoln for campaign pur- 
poses, but that Lincoln had thought so poorly of it that no 
copies were ever distributed to the public. (I put this reply 
in my files, which I am sorry to say I have discovered are even 
more bottomless than those of the Government; or at least I 
don't know where Mr. Hay's letter is. ) 

Major Lambert, in addition to his Lincoln collection, had 
a fine lot of Thackeray. One day a stranger, looking rather 
woebegone, came into my 23rd Street store and said he had 
just been to a book auction and had made a mistake. He had 
bought a set of Mrs. Chapone's pious Letters, which the 
cataloguer said had some notes in Thackeray's hand. His en- 
thusiasm had run away with him, and he had paid three dol- 
lars. I said all right, I would help him out of his predicament. 

Next morning I came to the store rather late and found him 
sitting on the steps. "I know I went crazy on this, and I'm 
willing to lose a dollar, if you want to give me two dollars." 

That far I was willing to go, so money and books changed 
hands. 

When I looked over my purchase, I found that almost 
every page contained some supercilious scribble by Thackeray 
about the author's goody-goody sentiments. So I sent the set 

[ 227 ] 



THE ADVENTURES OF A TREASURE HUNTER 

to Major Lambert, and asked him how he would like to pay 
me $250 for it. 

He wrote back that the books were dirt cheap, but he had 
all the Thackeray junk he wanted. 

Next I reassured myself by taking the set to the Scribner 
Book Store, where Safford, then the head of the rare-book 
department, said there was no mistake, this was the real thing. 

Just as I was talking to Safford, Ernest Dressel North 
drifted in. He vanished again, and lay in wait for me outside 
the door. 

"How much?" 

"Two hundred and fifty dollars." 

"All right, send me a bill." 

Being broke, as was my custom, I said I was willing to go 
down to his place and pick up the check myself. 

A couple of weeks later I had a note from Major Lambert: 
"I see that Mrs. Chapone's Letters have rapidly increased in 
value. Ernest North is willing to let me have them for $1500." 
Ten years later I noticed that this was still one of Mr. North's 
prize possessions. 

The late Luther Livingston is best known today as the 
editor of the first four volumes of American Book Prices 
Current, issued in four fat quartos. I think of him more as the 
first bookseller in America whose catalogues gave truly accu- 
rate descriptions of the books. 

After Mr. Livingston died, Dodd, Mead (whose rare-book 
business he had run ) gave up their extremely swanky store at 
35th Street and Fifth Avenue, and moved their publishing 
offices and the remainder of their rare-book department to 
30th Street and Fourth Avenue. Robert Dodd was in charge 
of the rare books. 

[ 228 ] 



C.P.E. 

One day my partner, Adolph Stager, and I were doing noth- 
ing except wondering where the next dollar was coming 
from. 

"Adolph," I said, "are you going to the Adirondacks this 
summer?" 

"Yes." 

"On what?" 

"I don't know. Charlie, are you going to Sebago?" 

"Of course." 

"On what?" 

"I don't know. Let's go in and see the old man." 

We were on Fourth Avenue, and we went in and asked Mr. 
Dodd if he had any old junk left. 

He scratched his head. "Well, I've got thousands of those 
wretched pictures that the Society of Iconophiles put out." 

(The Society of Iconophiles was a group of amateurs who 
specialized in reproducing views of old New York. They 
printed only a hundred of each picture, at ten dollars a copy. ) 

"How many?" I asked. 

Mr. Dodd went into the back of the store, shuffled around, 
and finally came back to report that he had eighteen hundred. 

"How much?" 

"Oh, you can have them for a hundred dollars." 

"Look here," I said, "you've been trying for years to sell 
these things, and you can't do it. If the time has actually come 
when you want to get rid of them, I'll give you thirty-five 
dollars in real money." 

Dodd capitulated. 

"All right," I said, "well go down to the bank and get the 
money." The only bank we could think of was the old Prov- 
ident Loan Society, five blocks down Fourth Avenue, where 
Stager pawned his ring for fifty dollars. We went back, handed 

[ 229 ] 



THE ADVENTURES OF A TREASURE HUNTER 

over the majority of our take, and walked off with the eighteen 
hundred prints in bundles under our arms. 

At this time there was a cigar store on 23rd Street where 
they used to let us leave our packages. On our way down 
we ran into Herman Sauer, who was not only a great Lincoln 
scout but one of the most famous print-sellers this country has 
ever had. His fame rested on himself, not on his store, because 
he never had a store. He was equally likely to touch you for 
ten dollars or to flash a roll of a hundred fifties. He had 
started life as a conductor on the New York Elevated. He 
once told me that his introduction to the world of art came 
when he rented a cold-water flat on the lower East Side. 
Among the rubbish he found a portfolio of old prints. His 
wife started to throw them away, but Herman said, "No, let 
me see if I can't get the price of a beer out of these." 

He took them to Robert Fridenberg, who offered him one 
hundred dollars. That was enough to push Herman into the 
print business. 

This particular day I said to him, "Sauer, have you got any 
money?" 

"Well, yes," he admitted grudgingly. 

So we went out into the back of the cigar store and undid 
our bundles. Sauer picked out six hundred prints at $1.50 each, 
and peeled the cash off the roll in his pocket. As he was leav- 
ing with his package, I stepped into a phone booth and called 
up Evert J. Wendell. 

"E.J.," I said, "I've got twelve thousand dollars' worth of 
Iconophiles pictures, and they're yours for twelve hundred." 

"Bully," he said, "but I can't see you. I'm on my way to 
the grand jury." 

"How long'll you be home?" 

"Thirty-five minutes." 

[ 230 ] 



C.P.E. 

"I'll be there in ten/- 
At his house I spread out the pictures on his big grand 

piano. Mr. Wendell's eyes gleamed. 

"Bully, I'll take them. But I haven't a check here." 

"Never mind," I said. "Where are you going now?" 

"Down on the subway to City Hall." 

"Fine, I'll go with you." 

Down at City Hall I spent a penny in a stationery store 

for a blank check and shoved it under Mr. Wendell's nose. 

He signed, and Stager and I went on our vacations. 

Vacations with me are an end, not a means. I believe in 
taking at least two, and preferably three, months off, pursuing 
the greatest of game fish, the smallmouthed bass, with no 
radio and no old books. It takes a very powerful impulse to 
make me change my mind. 

Once Harry Alpern was driving the Everitts to Snowville, 
New Hampshire, in a new Plymouth. Even on vacation we had 
to stop for a word with A. J. Huston, the Portland bookseller. 
Huston told me of an antique dealer in South Portland who had 
recently bought nearly a ton of old family papers. 

Harry is not such a strong character as I am; he was itch- 
ing to head for South Portland at once. 

"No," said I, "to hell with books. We're going fishing." 

Then came four days of steady rain. Finally we decided to 
take our new car and call on Esposito of South Portland as 
private collectors. 

As I stepped out of the car, I was greeted by a large 
Italian who said, "How do you do, Mr. Everitt. I hope you 
drop in and see me. 71 

In the back room I found several hundred letters, excellently 
classified. One lot interested me a collection of some two 

[ 231 ] 



THE ADVENTURES OF A TREASURE HUNTER 

hundred letters from a common soldier in New Mexico to his 
family in Maine. Crude they were, but probably the best 
actual description of life in New Mexico during the seventies 
yet known. 

During the two hours I was looking over various piles of 
papers, Esposito kept chattering over my shoulder. First ask- 
ing me to call him Tony, he told me about his great discov- 
eries and his wealthy clients. Tony was a man of real imagi- 
nation. 

The time finally came to talk money. "How much for this 
lot, Tony?" 

"You know I have only one price, Mr. Everitt." (Sam Daub- 
er's description of "one price" is "the most I can get for it.") 
"Three hundred." 

"Come on," I said to Harry, "time for us to be getting in 
the car." 

Tony seemed a trifle nervous, so I used an old dodge and 
left my cane in the back room. As I was retrieving the cane, 
Tony asked me how much I would pay. 

I said $150. 

His "Yes!" was so loud I wonder if Huston heard him in 
Exchange Street. Anyway, Tony paid for that vacation. 

One of the outstanding old bookstores in Boston for many 
years was N. J. Bartlett & Co., at 28 Cornhill. Chase of 
Bartlett's was known and loved by every bookseller in the 
United States and Great Britain. After his death the store 
was in charge of Ned Bartlett, who had very little interest in 
Americana. 

Coming down once by train from Little Sebago, we decided 
to stop over at the Parker House for a couple of nights. I 
dropped in on Bartlett, who assured me that nothing new 

[ 232 ] 



C.P.E. 

in my line had come in for several months. Then, as I was 
about to leave, he said, "Oh, Mr. Everitt, here's a volume of 
pamphlets we've had on exhibition. The price is probably 
too high; we marked it two hundred dollars." 

Nothing but seven eighteenth-century New England quarto 
pamphlets. If Albert W. Johnston looks up his records, he will 
find he paid for our weeks at Little Sebago. 

On one of the days when Herman Sauer had no roll of fifties 
in his pocket, he came into my store and said, "They're sell- 
ing off the stuff at the old Ashland House/* 

This was a hotel at Fourth Avenue and 25th Street, which 
I suspect may have given its name to the Ashland telephone 
exchange, and where at all events I had lunch almost daily 
for some fourteen years. In spite of this fact I had never been 
above the first floor. 

"Everitt, give me fifty dollars," said Sauer. "There's a 
painting of Number One Broadway in the parlor and I 
want it." 

I handed him $50. After a while Sauer reappeared around 
the corner, bringing a bill for $250, less deposit of $50. Sauer 
said he had expected to buy the thing for $35 or $50, but he 
wanted it anyway. So I gave him another $200, and this time 
he returned with the painting. 

"Give me another two bucks for cab fare," said Sauer. "I 
want to take this down and show it to Mr. Hoffman." 

He vanished in the depths of a horse-drawn cab, and for 
two hours I heard no more. He came back by Third Avenue 
El, with eleven cents in cash, and a check for $750 from Mr. 
Hoffman, who was one of the chief backers of the New York 
Historical Society. The painting is now one of the Society's 
most prized possessions. I consider that my share was as 

[ 233 ] 



THE ADVENTURES OF A TREASURE HUNTER 

easy a $249 as I ever made. It also proves that the more you 
pay for a thing, the more you can get for it, if that proves 
anything. 

I did not give up lunching at the Ashland House because 
the place closed; I had broken the habit some time before. 
The proprietor was a man named Horace Brockway, six feet 
tall, with whiskers, a high dignitary in the Metropolitan Life 
Insurance Company. A group of book people that included, 
among others, Samuel Hopkins Adams, Ray Stannard Baker, 
John Phillips, the editor, and Lincoln Steffens had presump- 
tive rights to a back room where we all used to congregate 
for lunch. Our favorite dish was steak Bordelaise, which, with 
two vegetables, cost seventy-five cents. Pie or ice cream was 
a dime, and coffee was a nickel. This left ten cents for the 
waiter. 

One day Mr. Brockway marched in and said, "Boys, I'm 
sorry, but I've got to raise the price of the steak to eighty-five 
cents." We all vanished like leaves before the wind. 

Now here is a story that makes no sense, has no moral or 
conclusion, and could not possibly be true. Nevertheless it 
happened to me. 

A perfect stranger came into my store on 23rd Street and 
said, "Would you be interested in a copy of Horsmanden's 
Journal of the Negro Plot in New Yorfc?" 

This is an extremely rare book on a plot that was hatched 
in the 1740's. To make conversation, I said, "Have you got the 
half title?" 

"This is one of the three copies that has it," said the 
stranger. 

"How much do you want for it?" I asked. 

"Two hundred dollars." 

[ 234 ] 



C.P.E. 

*Td be very glad indeed to see it." 

"Ill be in here at ten o'clock tomorrow morning." 

I had approximately three dollars in the bank, so I called up 
Lathrop Harper, the most learned of all dealers in Americana. 
I told him my trouble, and he promised to be on hand at ten 
o'clock with money in his pocket. At ten o'clock a carriage 
and pair drew up in front of the store, and our stranger got 
out, carrying a quarto volume. We looked it over, found it 
exactly as described, and Harper forked over two hundred 
dollars. 

The stranger started for the door, then turned and said, 
"By the way, here's a list of some other books I have." 

Harper's and my hair stood on end. There were seven books 
of the most fabulous rarity the first New York City Di- 
rectory and six other items equally choice. 

"I suppose you'd like my name and address," said the 
stranger. "Here." He wrote them down. "I can't come back 
tomorrow, but 111 be here the day after." 

We never saw him again. 

I sent a man up to the address, hoping for better luck than 
I had any expectation of. 

It was a vacant lot. 

Julia Marlowe had a collection of several hundred books 
relating to the stage. Since practically everyone in the theater 
was at least a little in love with her, nearly all the books bore 
long, intimate presentation inscriptions from the authors. 
The collection thus gave rather a portrait of a great actress. 
Sain Dauber paid her quite a handsome sum for the books. 

When we opened up the cartons in the store, all the flyleaves 
with inscriptions were gone. 

Just as Sam and I were discussing our plight, Julia Mar- 

[ 235 ] 



THE ADVENTUKES OF A TREASURE HUNTER 

lowe's husband, E. H. Sothern, walked in. He was just as 
embarrassed as we. 

He told us that when he saw Julia starting to tear out fly- 
leaves, he protested that it wasn't fair or honest. Then, to 
Sam: "You may not know it, but sometimes Julia is not 
amenable to reason." 

We must still have looked glum. 

"Which would you rather?" asked Sothern. "Have me re- 
fund your money, or take a thousand of my bookplates for the 
drama books you have in the store?" 

Julia Marlowe was a great actress; she was married to a 
great gentleman. 

I hate stamps, but probably I shouldn't; they don't seem 
to owe me anything. One day I dropped in at an auction on 
University Place, where a collection of 3600 volumes about 
stamp collecting stamp catalogues, stamp magazines, and 
so forth was on the block. I saw half the stamp sharpshooters 
in New York in the audience. For such keen competitors, they 
looked awfully friendly, and there was a constant buzz of 
conversation among them. 

Finally one of them reluctantly said, "A hundred dollars." 

Always ready to make trouble, I said, "Five hundred!" 

At this point Walter Scott, of Scott and O'Shaughnessy, 
came over and sat down beside me. "Charlie, what are you 
butting in for? It's worth a hundred dollars for you to sit 
down and shut up." 

"Why, Walter, I didn't know it was against the law for any- 
one to bid on books at an auction." 

I finally bought the lot for nine hundred dollars. 

Little as I know about stamps, there are some twenty vol- 
umes that I have heard of. It struck me as very curious 

[ 236 ] 



C.P.E. 

indeed that not one of these titles was in the collection. 

I went back to University Place. "Isidore,** I said to the 
auctioneer, "there didn't happen to be a box missing from that 
lot of stamp books I bought, did there?" 

Isidore's expression of surprise was masterly. "Now you men- 
tion it, Charlie, I believe there was one box got left down 
cellar/' 

"All right, what are you going to do about it?" 

"Oh, I'll take five hundred dollars for it." 

"Now, Isidore/' I said, "I know you don't want any checks. 
Ill give you two hundred dollars in nice dirty ten-dollar 
bills, or else. . . ." 

"All right," said Isidore. 

The next thing was a visit from Walter Scott. "Can I pick 
out a few books?" he asked innocently. 

"No, Walter, you cannot. I don't know enough about them." 
Walter departed, shaking his head. 

Finally he got to the point of asking what I would take for 
the lot. I said $3500. 

"Well have to have a meeting." 

He came back with the decision: "The best we can do is 
twenty-two hundred." 

"Don't bother me; I told you my price was thirty-five 
hundred." 

Finally he came back: "This is our last word. The very best 
we can do is twenty-eight hundred." 

"Walter," I said, "this is your last chance: thirty-five hun- 
dred. Yes or no?" 

He allowed they couldn't do it, and departed. So I spent 
about ten dollars on an elaborate night letter to Wallace 
Cathcart. He came to town the next day and looked over the 
collection. They all had green morocco backs, to delight the 

[ 237 ] 



THE ADVENTURES OF A TREASURE HUNTER 

heart of any librarian. Wallace made no demur at $3500, and 
since the bindings alone had cost $10,000, I guess the West- 
ern Reserve Historical Society had something of a bargain at 
that. 

One of my great pals at the Museum of the American In- 
dian was George Pepper, who collected and cross-indexed 
pamphlets and ephemeral material on American Indian arts 
(which I approved of), and stamps (which I did not). He 
also had a private collection of Indian books, which I ap- 
proved of more than anything. On his deathbed he said to 
his wife, "Have Charlie sell my stuff. If I were alive, I could 
get five hundred dollars for the stamps, but Charlie doesn't 
know anything about them, so you mustn't expect him to get 
more than a couple of hundred." Conscious of my ignorance 
of stamps, I called in three different stamp dealers. Oddly 
enough, each one offered $160 for his choice of the stamps. 
I chased them all out. 

Then I ran into Walter Scott, the auctioneer, who was a verv 
successful seller of stamps to collectors. "Got a couple of 
hours, Walter?" 

He said sure. 

On our way up town in a taxi, I explained that this was 
not a commercial transaction; I meant to give every cent I 
took to Mrs. Pepper. 

My estimate of time was more than generous. Within thirty 
minutes Walter said, "There are just a few of these that I can 
use. They're worth a thousand dollars to me, and Mrs. Pepper 
can keep the rest." 

Some months later I asked Walter if he had got out all right 
on the Pepper stamps. 

"Oh, not too bad I cleared six hundred dollars." 

Then I thought of the other jokers with their $160, and 

[ 238 ] 



C.P.E. 

renewed my resolution never to look at another stamp. 

Next came the problem of the classified and indexed pam- 
phlets that Pepper had housed at the Museum of the Ameri- 
can Indian. 

I managed to get hold of William Gates at the moment when 
he was librarian of Tulane University. "Bill," I said, as we 
rode up town, "I'm about to sell you twenty-five dollars' worth 
of merchandise for a thousand dollars. You are one of about 
half-a-dozen people in the country that would even know what 
I'm talking about." 

He looked over the collection rather quickly and said, "I 
see what you mean. Send them down to Tulane." 

I said, "Bill, there's a string attached to this. George Pep- 
per spent something like seven years indexing this stuff. If 
you buy it, youVe got to keep it in a separate alcove, and 
hang a big picture of George over it." 

"Glad to," said Bill. 

He kept his word. And no sooner was he gone from Tulane 
than his successor issued a mimeographed catalogue offering 
most of the Pepper material to the firstcomer at twenty-five 
cents a pamphlet. 

My partner for eighteen years was Adolph Stager. At the 
start of our association we were lucky enough to have his 
father, Solomon Stager, occupying the front part of our store. 
(This is the man whom Henry Wagner, in his reminiscences, 
called "an old Jew named Solomon Steiger.") 

Solomon Stager came from Austria as a young man. Soon 
after he arrived, his relatives outfitted him with a peddler's 
tray, which he stocked with all the combs, shoelaces, and other 
notions that his entire capital would buy. On his first day 
in business he was attracted to a large, fenced greensward, 

[ 239 ] 



THE ADVENTURES OF A TREASURE HUNTER 

where a considerable crowd of people had gathered. He went 
over to the fence, and the crowd, reaching through the palings, 
soon emptied his tray. When he went around to the gate in 
order to collect, he found that his pitch was an insane asylum, 
and he was without both his capital and his stock. Somehow 
he recovered enough from this blow to start a grocery, where 
he worked unremittingly (and successfully) until his son 
Adolph went into the book business. Then old Solomon came 
along to help out the boy. 

By my time, he had a little department of his own with 
standard new books, dictionaries, and the like. His best seller 
and favorite book was a modern reprint of Morgan's Expose 
of Freemasonry. It sold for thirty-five cents retail. He was out 
to lunch one day when an eager customer came in. But the 
customer had only a quarter. I knew that the book cost Mr. 
Stager seven cents, so I thought I might as well turn over 
eighteen cents for him anyhow. 

Mr. Stager, back from lunch, was aroused to the very core 
of his being by my dereliction. That book was supposed to sell 
for thirty-five cents, and not the Almighty himself had any 
business cutting the price by nearly a third. I was made to feel 
that I had been an extremely thoughtless young man. 

Solomon Stager bore me no grudge, however. It was only 
a few days later that I went to him and said, "Mr. Stager, 
could you possibly write me a check for ten thousand 
dollars?" 

"Oh, sure just a minute." 

The ten thousand dollars soon brought us back a profit of 
$3800. I went to Mr. Stager. 

"Here," I said, "we made thirty-eight hundred with that ten 
thousand of yours; half of it belongs to you." 

"Oh, don't talk nonsense. While you had the ten thousand, 

[ 240 ] 



C.P.E. 

I lost eleven dollars and seventy-five cents interest on it, and 
that's what I want back." 

To Henry Wagner, Solomon Stager may have been just an 
old Jew; to me he was the finest old Jew I have ever known, 
and there is no higher praise. 

When Adolph Stager and I separated years later, I had a 
little money and decided I would go to Europe and amuse my- 
self for a while. But I used to frequent Dauber & Pine's shop, 
and one day when I came in, I found spread out on the floor 
about ten thousand volumes that had belonged to a man named 
Ferris, one of the early photographers, who had traveled all 
over the West and had never thrown anything away. 

"I wish you'd look this stuff over, Charlie," Sam Dauber 
said. "It cost practically nothing, and I've had an offer of five 
hundred." 

I poked around for a couple of hours. "Sam, if you'll let me 
write a catalogue of this stuff, I'll guarantee to get five thou- 
sand out of it for you." 

"All right. Why don't you move your desk in here and 
do it?" 

I spent about five weeks writing and printing the catalogue. 
When the dust had cleared away, the take was $7200. "You 
aren't doing anything anyhow," Sam said. "Why don't you 
handle our Americana on commission, and take any kind of 
drawing account you want?" 

So I came in to look things over, and wound up spending 
every day of the next seven years at Dauber & Pine's. 

I am stunned to discover, on counting up, that it is twenty- 
five years since I have been in Italy. When I was there with 
my wife, we had a standing agreement that I would spend 

[ 241 ] 



THE ADVENTURES OF A TREASURE HUNTER 

the mornings doing junk shops, meet her for lunch at one 
o'clock, and put in the afternoon doing art galleries. One 
morning in Florence I went to see Otto Lange, a German who 
had worked in America, and who usually had a good lot of 
Americana. I spent the morning picking out odds and ends. He 
saved his heavy artillery for the last. With something of a 
flourish he produced a North Carolina pamphlet of which the 
only known copy was in the John Carter Brown library; and 
the Brown copy had no map. 

Lange's was tagged two hundred dollars. 

"Why the price, Lange?" I asked, trying to act hard-bitten. 

"It's the only known copy with a map," said Lange calmly. 

I shelled out. 

When I met Mrs. Everitt for lunch, I announced, "I've just 
paid the expenses of our trip with something I have in my 
pocket." 

"I don't care anything about that," said she. "It's twenty 
minutes after one." 

For more than two decades the greatest collector of Long 
Island material was my friend and good customer Orville 
Ackerley. One day he brought in a man whom he introduced 
as an authority on Long Island history and one of the coming 
great collectors, whom well call James Lacy. Lacy was 
Ae vice-president of a large food company. 

Lacy bought steadily from me for two or three years, and 
then stopped coming. The Hearst papers were full of his 
misadventures, and I learned by the ever-ready grapevine that 
he owed money all over town. 

There was a hiatus of four years. Then Lacy came into the 
store, looking rather uncertain of his welcome. "You know 
what a damned fool I've been," he said, "but I'm trying to get 

[ 242 ] 



C.P.E. 

straightened out. Though I have no great amount of money, 
I get a fair income, and I still can't give up my dream of 
forming a great Long Island collection. If you're willing, I'd 
like to go on buying books from you." 

"Jim," I said, "you can always buy anything from me that 
you have money to pay for." 

He came in almost weekly for some time, paying probably 
twenty-five dollars a week in cash for what he found on my 
shelves. 

Then I was going to London, and he asked me if I would try 
to pick him up a copy of Simcoe's Journal under five hundred 
dollars. 

I found and brought back a beauty for $400. When he came 
in, I showed him the bill, and said he could have the book 
for $450. 

He reached in his pocket, then drew his hand out 
empty. "Oh, hell, 111 mail you a check tonight when I get 
home." 

The check has not yet arrived, but I soon learned that he 
had sold Simcoe the next morning to a New Jersey dealer for 
a hundred dollars. 

The memory of Jim Lacy has always made me rather un- 
happy. Another experience cost me nearly as much money, but 
somehow left a far better taste. One of the most famous and 
sought-after books of North Carolina history is Draper's book 
on the battle of King's Mountain. I don't know why the battle 
of King's Mountain is suddenly more important than York- 
town or Ticonderoga, but everyone whose ancestor fought 
there has to have a copy of the book. Some two decades ago 
the State of North Carolina announced a big historical celebra- 
tion. I thought this was an appropriate time for Dauber & 
Pine to issue a reprint of Draper. A friend of Sam Dauber's 

[ 243 ] 



THE ADVENTURES OF A TREASURE HUNTER 

offered to manufacture five hundred copies of the book by 
offset lithography for $850. 

The friend forgot to write this down, and the bill, when it 
arrived, read $1250. We had been less cautious and had an- 
nounced in print a retail price of $7.50, which in those post- 
1929 days we could not blithely increase. At all events, the 
North Carolina newspapers gave us a splendid send-off; we 
were benefactors to every lover of North Carolina history. 
The publicity soon brought me a letter from a man who 
peddled books throughout North Carolina. He asked my 
wholesale price for twenty-five copies. 

I told him four-fifty a copy. He wrote back, "My credit is 
no good around here; in fact, I am a well-known faker, and 
you must never ship me anything until my checks have cleared 
the bank, because they sometimes come back. I hope you will 
let me have twenty-five copies of your book." 

I wrote that I would; he sent me a check for $112.50; when 
the bank reported that the check had cleared, I shipped 
twenty-five Drapers. 

The same thing happened three more times, which took a 
certain amount of time because each check was some ten days 
going through the clearing process. Finally he ordered a 
hundred copies, with a check for $450. I had noticed that the 
checks always took either nine or ten days to clear. This 
time I waited ten days without calling the bank, then thought 
what the hell, and shipped the books. 

They were hardly at the express office when I found that 
the check was rubber. His perfect timing has always mystified 
me. 

About thirty or thirty-five years ago there was a flutter in the 
book trade at the appearance of a prosperous new customer 

[ 244 ] 



C.P.E. 

for material on the Indians. When he came to see me, he 
introduced himself as Howard Bible, adding that he was a 
barrister admitted to practice in both England and Canada. I 
soon found out that he knew a lot about Indian material, quite 
a bit of which I sold to him. 

For all the law degrees he boasted of, he made his living 
selling advertising material to banks. 

Then for about five years there was one of the complete 
silences that seem to descend periodically on some of my 
customers. 

One day my wife and I were standing in the hot sun at St. 
James's Park, waiting for a parade to begin. There is a low, 
one-story building fronting the park, on the roof of which 
the aristocracy congregate for such occasions. We had been 
standing for an hour or more and were about ready to sit 
down somewhere, when whom should I see but Howard Bible, 
complete with frock coat, top hat, and yellow gloves, on the 
rooftop among the nobility and gentry. 

I managed to catch his eye, waved my cane, and was grati- 
fied to have him beckon us over. We joined him in the sanc- 
tum; flunkies produced chairs. Bible introduced us around 
to Lord This and Lady That. 

Thinking to return the compliment and show my gratitude 
for a place to sit down, I suggested lunch the next day at the 
Horseshoe. He accepted with an alacrity that did not altogether 
match his frock coat. 

After lunch he asked where I was going, and I said I had 
run out of cash and was going to replenish my supply at the 
American Express Company. He said he would walk me down 
there. 

When I emerged into the Haymarket, buttoning down my 
pockets over fifty pounds, Bible said, "Charlie, you've simply 

[ 245 ] 



THE ADVENTURES OF A TREASURE HUNTER 

got to let me have thirty-five pounds. My wife and I haven't 
been eating, and we're a month behind on our rent" 

What could I do but fork over? My wife kidded me about 
it all the way back across the Atlantic. 

I had not been at home very long when the vice-president 
of a downtown trust company telephoned and asked if I bought 
books about Indians. He wanted me to come down at eleven 
the next morning and inspect a collection they had. 

He took me up to a high floor in the bank's skyscraper and 
solemnly flung open the door upon serried ranks of old 
friends the culls of Howard Bible's collection. Howard had 
put all the real rarities in storage in Washington; these were 
the everyday, reading books. 

"Would you be interested in buying these?" the banker 
asked. 

"How badly are you stuck?" I retorted. 

He flushed. 'What do you mean, stuck?" 

"Well, I know every book in this room belongs to Howard 
Bible, and they must be in your hands for some reason." 

"Well, we have a loan to him of fifteen thousand." 

I poked around a little, just to make sure, and said, 111 
give you fifteen hundred." 

The vice-president was quite put out. He went over and 
pulled off the shelf a set of Catlin's Indians in the Grant re- 
print "But we have the owner's appraisal of forty thousand for 
the collection, and he values this one item at three hundred." 

"That s fine," I said. "But all the same, I have a set listed 
in my catalogue for seven dollars and a half." 

There was some more back-chat, which finally ended with 
my writing out a check for $1500. As I was leaving the bank 
skyscraper, I told myself that Howard no longer owed me 
thirty-five pounds. (This was just as well, because some years 

[ 246 ] 



C.P.E. 

afterward, in the course of a fair-sized transaction, he told me 
the same thing himself. ) 

One of the most interesting issues of the National Geo- 
graphic Magazine, and in fact quite a collector's item by now, 
is the number on Flags of the World, by Captain "Brick" 
McCandless, U.S.N. 

With the exception of Frank Dobie, Brick is the best story- 
teller I have ever known. There were six of us in our store on 
34th Street one day, fondly contemplating two bottles of 
bourbon and two bottles of Scotch, when Brick McCandless 
walked in. We had a lounging room upstairs, to which we re- 
tired, with an anticipatory alcoholic gleam in our eyes. Be- 
fore the corks were drawn, I happened to ask Brick some- 
thing about his work on the flag number of the 'National 
Geographic. 

He told us for three hours; and for three hours nobody 
pulled a cork. 

Brick's son was a hero of World War II, but by that time 
he was an old story to me. Brick told us about the time when 
he was in command of a flotilla of three vessels, and put into 
Istanbul. Young McCandless, then aged ten or eleven, was 
aboard, and Brick took him for a walk through the town. A 
curious set of dishes caught Brick's eye, and he remarked 
casually, "I wish I had enough money to buy those and take 
them home to Mother." 

When the announced hour for weighing anchor came, young 
McCandless was "absent without leave." The irate father and 
commander paced the quarterdeck for about two hours before 
his young hopeful was discovered on the dock followed by 
two burly Turks carrying bundles. 

The flotilla shoved off in hot haste, and McCandless pdre 

[ 247 ] 



THE ADVENTURES OF A TREASURE HUNTER 

called his offspring to account. The boy was surprised and hurt 
at the excitement. 

"But Father, you said you wanted to take those dishes to 
Mother, only you didn't have enough money. Well, I went into 
the place, and they wanted seven-fifty for the dishes, but I 
said I only had three dollars, so they sold them. I had them 
bring them along, didn't I?" 

The next stop on Brick's cruise was Naples. Many of his 
crew being Catholic, he thought they would appreciate the 
opportunity of an audience with the Pope. He arranged it 
for the whole crew. His Holiness received them most amiably, 
and when the audience was over, asked if they would not like 
to see the Vatican Library. The sailors were probably not too 
much interested, but Brick, being a book collector, thought it 
was the chance of a lifetime, and said so. The American 
visitors were escorted through some outlying rooms with a 
few thousand volumes of the complete works of Carlo Coldoni. 
Their further progress was barred by an iron gate, under the 
protection of a Swiss Guard. 

"So far and no further," said the guard, or gestures to that 
effect. 

"Hey, what is this?" Brick expostulated. "His Holiness told 
us we could see the Vatican Library." 

The Swiss Guard declined to lift his halberd. 

"All right," said Brick, "we're going back and take this up 
with His Holiness." There was a great flutter among the 
lackeys. No one had ever heard of two successive audiences 
with the Pope. But the United States Navy was as immovable 
as the Swiss Guard. Finally Brick actually penetrated once 
more to His Holiness. "Holy Father," said Brick, "it was my 
understanding that we were to see the Vatican Library, but 
some man at the gate declines to let us through." 

[ 248 ] 



C.P.E. 

The Pope smiled. "My son, perhaps Napoleon gave us bad 
habits. Since he looted the library, no man in uniform has 
been allowed to set foot within the inner gate. But for you 
I shall be glad to break a rule that is hardly more than a 
hundred years old." And he scribbled an order that turned 
Brick and his bluejackets loose at will throughout the Vatican 
Library. 

The next stop was Spain. Brick's great ambition there was 
to photograph for his flag book the flag of the Invincible 
Armada. He had taken the precaution of getting high-powered 
letters from the President and other dignitaries to the King 
of Spain. 

These produced no results whatever. He might just as well 
have been applying to marry the Infanta. 

"But Brick," I objected, "I saw the Armada flag in your 
book." 

"Oh, sure," he said. "I just went to the Alhambra and 
slipped the custodian two bits." 

Stone & Kimball were two Harvard boys who started the 
most spectacular and literary publishing house of the turn of 
the nineteenth century. They brought a breath of fresh air 
into the publishing business, were extravagantly respected and 
admired by all the advance guard, and folded up within a few 
years because they could never seem to get more than $1.50 
for books that cost them $2.50 to print and bind. Today they 
are among the very, very few publishing houses whose imprints 
are collected for the publisher's name quite aside from the 
authorship. 

Peter Stammer, the eccentric and rough-tongued Fourth 
Avenue bookseller, paid a dollar a barrel for thirty-one barrels 
of Stone & KimbalFs correspondence. I spent days going over 

[ 249 ] 



THE ADVENTURES OF A TREASURE HUNTER 

the haul letters from Stevenson, letters from Shaw, letters 
from every author you ever heard of, and a lot you never did. 

I gave Stammer some twelve hundred dollars for the thing 
I wanted, but there was one lot he flatly refused to sell. These 
were letters from Fiona Macleod, the "young Scottish roman- 
tic authoress." Fiona Macleod was a great sensation of the 
nineties, and it gradually began to be suspected that she was 
a figment of the imagination of an obscure middle-aged author 
named William Sharp. The letters in the Stone & Kimball 
papers were the first definite proof that this suspicion was 
correct. 

Stammer, who could be charming to his friends, would let 
me have nearly anything I wanted; but about Fiona Macleod 
he remained obdurate. Finally E. D. Brooks, a collector- 
bookseller in Minnesota whose one interest in life was the 
new authors of the nineties, told me he had to have the Fiona 
Macleod letters, come what might. After he had told me this 
two or three times, I went down to Stammer and said, "Look 
here, you're going to sell me those Fiona Macleod letters, and 
I'm not going to pay you over a hundred dollars. Five years 
hence they won't be worth a nickel, so you might as well get 
out while the getting is good/* 

After considerable back-chat, I gave him the hundred dollars 
and sold the letters to Brooks at the same figure. 

( Mr. Brooks died soon afterward and not a word has been 
heard of his collection since.) 

When Alfred Potter was librarian at the Harvard College 
Library, I was one of two booksellers who had free access to 
the library duplicate room, and whose appraisals he accepted 
without question. The other dealer, being a Bostonian, seldom 
went near the place. ( I never go to the New York Public any 

[ 250 ] 



C.P.E. 

more, either.) After Mr. Potter retired, the library hired a 
young expert to price the duplicates for sale to dealers. One 
day when I was in there, I saw a very nice set of Audubon's 
Birds of America in the 1840-44 edition, priced at three hun- 
dred dollars. This was just about the retail price, so I was 
in no great hurry to buy. 

Then I noticed on the next shelf two cheaply rebound cloth 
volumes marked Cabinet of Natural History, Vols. I and II. 
I thought this might help to pay my fare home to New York, 
so I said to the young man, "I see you have this tagged at ten 
dollars. If you'll throw it in with the Audubon, I'll give you 
three hundred for both/* 

He did so. Then the Cabinet of Natural History sat on my 
shelves for several weeks in New York. It is one of the rarest of 
all American sporting items; it ran through two complete 
volumes, and the publisher went broke in the middle of volume 
three. So of course every bookseller who saw my set im- 
mediately yelled, "Where's the third volume?" 

One day when I was really hard up for something to do, I 
started to collate the set, to see if at least all the plates were 
there in the volumes I had. 

Not only were they all there, but the fragmentary volume 
three was bound in at the back of volume two. When I finally 
sold the set to a leading dealer in sporting books, I could have 
shown a slight profit even if I had given the Audubon away. 

Sprinkled over the smaller towns of England are quite a lot 
of bookstores where, if you are lucky enough to beat the Lon- 
don dealers, you can do all right. For instance, my partner 
Sam Dauber once acquired a great collection of drawings 
and paintings by Randolph Caldecott, the illustrator of chil- 
dren's books, for fifty pounds. The packing and shipping cost 

[ 251 ] 



THE ADVENTURES OF A TREASURE HUNTER 

almost as much again as the collection itself. When the things 
arrived, I promptly called up Mr. Potter, because Harvard 
takes pride in its collection of juvenile illustrators. He asked 
if he could have the lot on approval, and I sent them right up. 

Shortly afterward he telephoned: "I don't know what you 
want for this collection, but we'd like to make a choice out 
of the stuff. Some of the things interest us more than others. 
I have a friend of the library here who is willing to contribute 
seven hundred and fifty dollars for the stuff we choose." 

"No, Mr. Potter," I said, "that collection is unique, and it's 
not to be broken up. I know it's worth a great many times 
that, but to keep it from being dispersed, you can have the 
whole thing for seven hundred and fifty." 

The next I heard from Potter was a letter containing a check 
for a thousand dollars. "My friend and I heartily agree that 
it would be a crime to break up the collection, and we would 
be deeply ashamed to pay you less than a thousand dollars 
for it." 

One of my frequent hangouts was the Fifth Avenue Gallery, 
which of course was on Fourth Avenue at 24th Street, and 
was run by a man named Norman. You never knew what you 
would find there, or whom, either. 

Once they announced a sale of Napoleonana. This is a sub- 
ject about which I care nothing, and know less. Anyway, I 
went to the sale. There must have been ten thousand items out 
of the one or two or three hundred thousand in existence bear- 
ing on Napoleon. As I came in, they were selling off fifty-one 
volumes of a newspaper published during Napoleon's time. 
All I knew about the newspaper was that it had been re- 
printed a number of times, and (from the date) that this was 
the original edition. For no reason at all I joined in the bid- 
ding, and carried off the prize at fifty-one dollars (in those 

[ 252 ] 



C.P.E. 

days there was a custom sometimes of selling sets by the 
volume). 

After I had it, I did not know what to do with it. Pretty 
obviously a library was the only possible taker, so I checked 
up to find out what my various librarian friends held. 

I was soon seated at Mr. Potter's desk. "I see you lack this," 
I said. "What do you know about it?" 

"Nothing, except that I've been looking for it for twenty 
years." 

"Well, what's it worth?" I asked. 

"I have no idea," said Mr. Potter. 

"I think you ought to give me a thousand dollars for it, any- 
way," I said. 

"I don't know anything about book prices," Mr. Potter 
said, "only I've found that there are some booksellers in the 
country who don't like to overcharge a person, so 111 take 
this set." 

My price was a perfectly blind guess, but I have since found 
out by talking to Napoleon collectors that Mr. Potter and 
I were both right. 

On another occasion I wandered into the Fifth Avenue 
Gallery, and found a great mass of documents concerning 
Kingston, New York. If there was one, there were four thou- 
sand. Most of them were in Dutch. The whole mass was put 
up as one lot. No other dealers were there. If it had not been 
for a customer of mine, a man named Smith, from Madison, 
New Jersey, I could probably have had the whole shebang 
for ten dollars. Smith pushed me to three hundred. 

The next day he telephoned. "Ill take those Kingston docu- 
ments you bought yesterday," he said. 

"What do you mean, take them?" 

"Well, you've been buying at auctions for me on a ten per 

[ 253 ] 



THE ADVENTURES OF A TREASURE HUNTER 

cent commission for a long time; I figured that makes these 
worth three hundred and thirty dollars." 

"Did you give me any order to buy these?" 

"Well, no, but that's always been our arrangement in the 
past." 

"I haven't looked at these yet," I said, "but I can tell you 
now that 10 per cent on this deal is going to be three thousand 
dollars." 

"Ill never buy a book of you as long as I live," said Smith, 
and slammed up the phone. 

( He never did, either. ) 

Most of the manuscripts were Dutch, and hence double 
Dutch to me. I hired a Dutch girl to look them over and note 
the general subject of each document in pencil at the top. 

One of my callers soon afterwards was Dr. Victor Hugo 
Paltsits, the great scholar from the New York Public Library. 
He picked up one of my Kingston documents, looked at the 
penciled heading, and began to laugh. I looked over his 
shoulder. The note said, "Religious controversy in Kingston/' 

"What's the matter?" I asked. 

"Why, this really is the first set of police regulations for 
Albany, in the middle of the seventeenth century." Another 
lot that caught his eye was all the documents concerning the 
attempt to make Kingston the capital of the United States, an 
effort that failed by one vote. I let my respect for Dr. Paltsits 
and his institution run away with my financial judgment when 
I sold that part of the lot to him. A few months later I would 
have been overjoyed to buy back those manuscripts at ten 
times what Dr. Paltsits paid me. 

Incidentally, I listed the most important of these manuscripts 
and sent the list to Dr. James Wyer, then State Librarian in 
New York, who never even bothered to reply. 

[ 254 ] 



C.P.E. 

After I had sold most of the stuff, I picked out a deed that 
somehow looked interesting. Usually deeds put me to sleep, 
but for some reason I described this one elaborately, and 
catalogued it at $35. 

Two days after the catalogue went out, a perfect stranger 
telephoned from Kingston: "Have you still got that deed?" 

"Yes." 

"All right, I'll telephone my lawyer to bring you in thirty- 
five dollars right away." 

I said, "Don't be nervous; it's yours." 

About an hour later a lawyer marched in from down town, 
laid thirty-five dollars on my desk, and started to remove the 
deed. 

"Hey, what's all the excitement?" I asked. I thought possibly 
some local celebrity was involved, or a new collector was 
getting the bug. 

"Well, this client of mine has spent forty years trying to clear 
his title to some land, and this deed gives it to him on a 
silver platter. It would probably have been cheap for him 
to pay you thirty-five hundred for it." 

I have talked through nearly a whole book about how im- 
portant it is for a bookseller to know everything. I find I have 
barely touched on the very considerable cash value of ig- 
norance. A men's clothing trade journal in West 38th Street 
folded up once, and the receiver asked me to come and look 
at the office library. There were three huge, ungainly book- 
cases full of books on men's tailoring, no doubt one of the 
finest existing collections on the subject. 

Too ignorant to be impressed, I grumbled to the receiver, 
"Oh, I'll give you fifty bucks." 

"All right," said the receiver, "but you know you have to 
remove the bookcases too." 

[ 255 ] 



THE ADVENTURES OF A TREASURE HUNTER 

I called up Evert Wendell, who kept a huge loft for just 
such purposes, and said, "E. J., I've got three great big book- 
cases over here a couple of blocks from your loft. If you'll pay 
a truck man to take them away, you can have them." 

That disposed of the bookcases, but what to do with the 
books? There I sat in my store, with two or three thousand 
volumes, asking myself why the hell I had ever wasted fifty 
dollars. 

Then came a stroke of genius: these were costume books. 

I wrote an elaborate description to Wallace Cathcart of 
the Western Reserve Historical Society, who was very proud 
of his costume collection, and lured him East. 

We finally decided that this unique collection was worth 
nine hundred dollars to the library if I would pay the freight. 

Once when I was in London Bertram Rota phoned to say he 
had just bought a fine copy of Logan, by Major Rogers. Fifteen 
minutes and two bob in taxi fare took me to Rota's office. I 
found him embarrassed and distressed. He said that just after 
he had hung up, he noticed that this copy, fine as it seemed, 
lacked the half-title. He let me have it, with many apologies, 
for half price. 

I took it to Ernest Zaehnsdorf, and asked him to make me 
a facsimile half-title. 

For my next catalogue I noted, "Fine copy of first edition. 
Half-tide in facsimile." 

Lathrop Harper, dropping in, saw my note ready for the 
printer. He began to laugh harder and harder. "Charlie," he 
said "Logan never did have a half-title." 

At last I owned a unique book. The only copy of Logan 
with even a faked half-title. 

( Bibliography is such an exact science so far nobody has 

[ 256 ] 



C.P.E. 

the slightest idea who was the author of Logan, "attributed 
to Major Rogers.") 

Nearly everyone except the authorities in charge of the 
Mark Twain Estate has read or at least heard of Mark Twain's 
item of facetiae entitled Conversation at an Elizabethan Break- 
fast Table, usually referred to by the short title of 1601. Some 
of the sprightlier elements in Mark Twain's regular publishing 
house struggled for years to get the thing legitimately into 
print, but never succeeded. 

Mark wrote the story, of course, simply to amuse himself. 
But, being a great craftsman, he sent the manuscript to a 
Harvard professor to have his Elizabethan English checked. 
The professor turned out a revised version. 

This fact led Merle Johnson and me to think that a variorum 
edition would be a laudable enterprise. 

The first point was to prove that Mark Twain had written 
1601. Everybody knew he had, but when we went through 
the correspondence, there was not a scrap of writing for evi- 
dence. 

Finally we tracked down a man in California who, for a 
hundred dollars, let us reproduce a note from Mark acknowl- 
edging his authorship. 

(There is a famous, and undoubtedly true, story that has 
always pleased me: John Hay, the poet diplomat, sent a manu- 
script copy loaned to him by Mark Twain to a friend in Cleve- 
land. The friend replied that this was the funniest thing he 
had ever read; he proposed to make a printing of it for distri- 
bution among his friends. Hay replied, "Naturally neither Mr. 
Clemens nor I could dream of permitting you to print this 
manuscript. If you should do so, however, please send me ten 
copies/') 

[ 257 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Johnson and I produced our variorum edition, to the num- 
ber of 110 copies. As usually happens in cases like that, we had 
at least 250 orders beforehand. We filled all we could, and 
found ourselves also as usual in such cases just about 
swapping dimes in the matter of cost and income. To add in- 
sult to injury, neither of us could even keep a copy for our- 
selves. 

A decade later I was walking down St. Martin's Lane, Lon- 
don, when my eye was caught by a large sign: STONEWALL 
JACKSON, THE CHEAPEST BOOKSTORE IN LONDON. Standing in 
front of the shop was a lanky Englishman. I accosted him. 
"How did you get that name?" 

"Oh, that's my real name. My parents never heard of any 
darn Confederate general." 

"All right, have you got any Americana?" 

He reached behind a counter and said, "Here, how about 
this?" 

It was a copy of the variorum edition of Conversation at an 
Elizabethan Breakfast Table. Stonewall Jackson was both 
pleased and surprised, but even more surprised than pleased, 
when I offered him thirty shillings for the book. 

After World War I the regular newsboy in front of the 
Abbotsford Hotel was an ex-soldier. We used to pay him a 
shilling for a penny paper, and as a result soon heard about 
his troubles, the worst of which was that on a good day 
he might clear two shillings. One morning he stopped me and 
a friend on the street with the remark, "IVe got a hot tip for 
the handicap." 

In my experience these tips are the best you can get, so 
each of us handed him a pound. But when we looked in the 
papers to see how we had done, we could not find any such 

[ 258 ] 



C.P.E. 

horse as the one he had mentioned running in any of the 
races. 

The next day he stopped us with a broad grin and handed 
us each ten pounds. 

"This is fine, old man," I said, "but I couldn't find any such 
horse running at any of the tracks/' 

He grinned even more broadly. "Oh, didn't I tell you? This 
wasn't a horse, it was a dog." 

John T. Winterich, a friend and customer of mine, once 
remarked in the Saturday Review of Literature that far too 
few authors give credit to rare-booksellers for the help they 
get. Part of the occasion for Winterich's remarks was an 
anthology whose foreword mentioned my help in compiling it. 

As a matter of fact, perhaps one reason why authors do 
not mention the help they get from booksellers is that not many 
booksellers make a hobby of helping authors. 

Helping authors is quite a difficult branch of bookselling, 
not as you might suppose because authors can't afford to 
buy really rare books, but because an author never starts look- 
ing for a particular title until he needs it to write his next 
chapter. 

Another point is that far more often than early rarities they 
need sound works of modern scholarship five or six years 
old. These books almost invariably flop when published; the 
publisher remainders them for twenty-five or fifty cents, no- 
body pays any attention, and then suddenly all copies vanish 
like water soaking into sand. 

A friend of mine has been searching ever since the war for 
a copy of A. J. Liebling's The Telephone Booth Indians, which 
was published during the war, and even reissued in a twenty- 
five-cent paper reprint. In the time he has spent unsuccessfully 

[ 259 ] 



THE ADVENTURES OF A TREASURE HUNTER 

hunting for this, I suspect he might have found several copies 
of Catlin's Indians of North America. 

I had a fairly close view of the process as shown through 
a man named Charles Wood, who made a comfortable fortune 
selling stoves in Dayton, Ohio. He marched into my store one 
day, a perfect stranger, and said that he thought the existing 
histories of the Apache Indians were inaccurate, and he wanted 
to assemble a collection of material that would straighten the 
story out. In the course of ten years he learned that what he 
had expected to cost him two or three thousand dollars would 
run to forty or fifty thousand, but he kept on. Then he died 
suddenly (two hours before an auction for which he had 
wired me a lot of big bids ) . His material, however, instead of 
being bequeathed to a library, and sold for scrap paper, was 
shaped by Frank C. Lockwood into a book that superseded 
all others about the Apache Indians, just as Mr. Wood had 
intended. 

The Macmillan Company published the book, but they sold 
less than two thousand copies. Naturally, since my office was 
next door to their building, no Macmillan salesman had ever 
heard of me. They scuttled to remainder the book an oppor- 
tunity I seized upon to sell some three hundred copies. I doubt 
whether either of the big book wholesalers bought a much 
larger quantity of the title than that. 

Not infrequently I am called in to appraise, instead of buy, 
a library. 

When the president of the Delaware, Lackawanna and West- 
ern Railroad, Samuel Sloan, died, I had a phone call from his 
namesake, a son or nephew. He asked me if I would appraise 
the library at the house on 38th Street just east of Fifth 
Avenue. I said I would, for a hundred dollars. 

[ 260 ] 



C.P.E. 

"The fee's not your problem, Everitt," he said. "The books 
have to be divided among seven elderly ladies, and they'll all 
be present while you are making the appraisal." 

Nevertheless, I went. The seven ladies apparently disliked 
one another heartily. I suggested that it would be a good idea 
to give the set of Scott to one lady, the set of Dickens to 
another, and so on down the line. 

Not at all. Each set had to be evenly divided among the 
legatees. 

Here I was the stumbling block: I have never learned how 
to divide twenty- or thirty-volume sets into seven even parts. 
Finally I said, "Look, suppose we put all these books in a pile 
on the floor, and you ladies can walk round and round and 
each choose one volume at a time." 

This worked splendidly until we came to a beautiful set of 
Audubon. Four volumes were even harder to divide by seven 
than twenty. So I stepped outside to consult the executor. 

"What's this worth?" he asked. 

Remembering the number of ladies, I pared down my ap- 
praisal by a hundred dollars or so, and said, "Seven thousand 
dollars." 

"All right. Til keep those, and send them each a thousand 
dollars." Evidently pleased with my diplomacy, he called again 
later to ask if I would appraise the books at the country estate 
up the Hudson. 

He had some lumpers ready to carry the books downstairs 
for me to look at. They consisted entirely of "Delay, Linger, 
and Wait" reports during Sloan's presidency. My method here 
was to make a rough guess at the weight of the paper. I ap- 
praised the collection at fifteen dollars, added in my railroad 
fare, and sent a bill for $103.60. This, I'm happy to say, 
brought me a check and a letter of thanks. 

[ 261 ] 



THE ADVENTURES OF A TREASURE HUNTER 

At the other extreme from Samuel Sloan s country library is 
the collection of Vilhjalmur Stefansson, which was beyond all 
comparison the longest and also the most interesting appraisal 
I ever made. 

If I simply say that Stef has made the world's greatest collec- 
tion of material concerning the Arctic and the northern coun- 
tries, I shall probably give the impression that he has a lot 
of stories about ships frozen in the ice. Actually the collection 
covers the entire social, physical, and economic life and history 
of nearly a third of the globe. Stef has kept himself poor for 
most of his lifetime by unremitting devotion to those books. 

I once heard him say to one of his secretaries, "I've got to 
go on a trip. Will you cash me a check for two hundred and 
fifty dollars?" 

"But, Mr. Stefansson, we haven't got two hundred and fifty 
dollars." 

"How can that be?" 

"Don't you remember that you told me yesterday to pay the 
back book bills? I drew out twenty-five hundred for that." 

I found a shelf of books on falconry, and asked Stef why he 
had bought them. 

"Well," he explained, "in the days when the nobility hunted 
with falcons, they used the white falcon, which was a royal 
bird for kings, secular princes, and their opposite numbers in 
the Church. . . . the white falcon of Iceland and Greenland 
was so valuable that generally it was not sold but was given 
as a princely gift, a recognized and proper kind of bribery. 
Falcons were also used for kingly ransoms." 

The contents of the collection are enough to take your 
breath away, but the real expense, and the real value, comes 
from the fact that Stef has cross-indexed every page in every 
volume he owns. You look in his card index under "whales," 

[ 262 ] 



C.P.E. 

and you can turn to the right page in more than three hundred 
different books or magazines. I am sure this indexing has cost 
more than the books did. 

(The New York Public Library used to figure that it cost 
them $2.50 to shelve any book that was given to them free. 
And I remember once seeing Alfred Potter at the Harvard 
Library tell an accession clerk to order the entire contents of 
some German catalogue. This was just after World War I, 
during the German inflation, but even so I was somewhat 
startled. "Why," said Potter, "it's cheaper to buy them than 
to check the catalogue and see if we have them/') 

Stef s collection has some thousands of magazines, normally 
worth a nickel apiece, each containing some sort of article on 
the north. On the strength of the indexing, I decided arbitrarily 
that each magazine was going to be worth a dollar. 

Occasionally Stef would come in and look over my shoulder 
while I was at work. I put down two little German books on 
whaling at $250. "Charlie, that's ridiculous," he objected. "I 
paid fifty cents apiece for them." 

"All right, can I have them for three hundred?" 

"Oh, I can't win an argument with you! Get on with your 
work." 

I look back on this job with considerable satisfaction, be- 
cause I do not think there are three other people alive who 
could have done the job so well. Even so, I would have been 
utterly lost without Stef s wife Evelyn, whose knowledge of 
languages made it possible for me to tell what I was doing. 

About every half-hour during the twenty-two days I spent 
on the appraisal, I was shocked by the discovery of some item 
quite unknown to bibliographers. I remember one twenty- 
four-page pamphlet in Latin, printed in Germany, which was 
undoubtedly the first doctoral dissertation on the Northwest 

[ 263 ] 



THE ADVENTURES OF A TREASURE HUNTER 

Passage. Then again there was a Russian atlas, one of the 
rarest in the world. Stef s copy, however, was accompanied by 
a second volume showing sailing routes. This kind of thing 
kept me in a state of perpetual amazement. 

I don't like to mention my final, total appraisal, partly 
because I am afraid it may be much too low. I have always 
considered it an axiom that any reasonably good collection 
is worth at least 20 per cent more than its component parts, 
but Stef s collection may easily be worth twice as much. 

Speaking of Stef and the Arctic reminds me of two stories 
having not the slightest connection with books. 

One of the best loved members of the Explorers' Club was 
Captain Bob Bartlett, an uneducated old Nova Scotiaman who 
was nearly the best lecturer I have ever heard. I have listened 
to the same lecture five successive times with great enjoyment. 

Nearly any explorer will tell you that the Explorers' Club 
Medal is the distinction he would most like in all the world. 
Very few of them have ever been given. Bob Bartlett was to 
have one, and in honor of the occasion they held a big banquet 
at the McAlpin Hotel. 

Someone got up and made a conventional, rather pallid, 
presentation address. 

When Bob stood up to reply, the tears were streaming down 
his face. "All I can say," he managed to choke out, "is, you're 
a goddamned fine bunch of fellows!" 

Once Bob was supposed to give a lecture at the Kent School, 
presided over by the famous and extremely saintly Father Sill. 
Two or three friends and I took Bob aside beforehand and 
said, "Look, Bob, this is one time when you cannot swear. You 
just can't do it." 

I heard later from a faculty wife who questioned her two 
small boys about the lecture. 

[ 264 ] 



C.P.E. 

"Yes," said one of the boys, "it was very interesting, but 
Captain Bartlett swore." 

"Oh, I don't think he'd do that, surely." 

"Yes, he did too. When Father Sill came in in his robes, I 
heard Captain Bartlett say, 'Jesus Christ!' " 

Looking back over five decades, I find the net result is a 
few hundred old books and glorious memories. When I stop to 
wonder about the money that poured through my hands, I 
guess it must have been the landlords and the printers and 
the promising friends that took it. 

The best I can do is let Frank Dobie write my epilogue: 

We all met in your office at Dauber & Pine's in March, 
1931 Dellenbaugh, Stef ansson, Hodge, and myself. I 
don't recollect so much of the conversation, but the 
geniality and warmth of the company, led by our host, 
remains with me so vividly that my spirits rise now re- 
membering it. ... 

Never was a merrier host than you, Charlie. When I 
read 'Master Francis Beaumont's letter to Ben Jonson/ I 
think of that company. 

What things have we seen 

Done at the Mermaid! heard words that have been 
So nimble and so full of subtle flame, 
As if that every one from whence they came, 
Had meant to put his whole wit in a jest 
And had resolved to live a fool the rest 
Of his dull life . . . 

And, when we were gone 
We left an air behind us, which alone 
Was able to make the next two companies 
Right witty. 

Frank. 




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