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"It is time for plain language on the Journal question. With every advantage in its favor it has bankrupted the Association's treasury."—Medical Standard, June, 1887.
The Treasurer of the Association in June, 1883, before a number of The Journal had been issued, reported the total receipts into the treasury for the year to have been only about $5,000, and the balance then on hand only $903.93. After four years of publication of The Journal the same treasurer reported the total receipts for the year ending June 1st, 1887, to be $21,723.22, and the balance on hand without a dollar of indebtedness, $1,403.77: by which the Association was enabled to appropriate $1,000 in aid of the Ninth International Medical Congress and yet leave a cash balance in the treasury of $403.77, to which should be added accumulated capital in The Journal printing office of $1,058.56. We agree with the Medical
Singular Mode of Bankrupting the Treasury.. JAMA. 1887;IX(6):181. doi:10.1001/jama.1887.02400050021007