Word: smithsonian
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Like the Hobgoblins future men will look. Dr. Ales Hrdlicka (pronounced ahles herd-li-ka) said so at Philadelphia last week. He is Curator of the Division of Physical Anthropology of the U. S. Museum of the Smithsonian Institution at Washington, D. C. He derived his picture, conjured the Hobgoblins, from his knowledge of human evolution and environment...
...Taft, as President, had had the Smithsonian, a quasi-Federal institution, under his authority. As a learned gentleman he wished it well. So, believing that the Institution would get handsome royalties, he subscribed...
That was up to last week, when Smithsonian Secretary Charles Greeley Abbott, zealous for his scientists' labors and his Institution's reputation, made a loud and lusty complaint. Those book agents, he declared, were misrepresenting. They let buyers believe that the Smithsonian Institution was publishing the books and making large profits. Really the Smithsonian Scientific Series, Inc., new Manhattan concern, was publisher. The Institution received only 10% royalties, a ridiculously small percentage, which he had vainly sought to get increased, whereas the book agents were getting 25% to 35% commissions. The Institution was tied up by contract for 30 years...
...book publishers replied with prompt asperity that the Institution directors had their wits about them when they signed the contract, that the Smithsonian's scientific writers were receiving $47,000 pay for their efforts and the Institution, for merely lending its scientists and its name, would reap $43,750 on the first edition alone; when the second edition (at $150) is offered the general public, royalties would be enormous...
Evidence of the great business done by publishers of "sets" lies with the promoters of Smithsonian Scientific Series, Inc.?Walter F. Austin (president) and Charles Lipscomb (treasurer). They, with one Vincent Parke, publish Great Events of the Great War. Because the American Legion endorses the book and hence gives book agents a talking point and entry to Legionary homes, the Legion gets 3% on each sale. Its income so far amounts to $135,907.45, which means $4,500,000 worth of books sold by the publishers and more than $1,000,000 in commissions for the salesmen...