Newspaper clipping regarding the demise of The New York Picayune. Transcription: 'ONE MORE UNFORTUNATE.'&mndash;The Picayune is no more. Its publisher struggled hard and manfully to avert this result, but he had made sufficient sacrifices for the good of the public, and like a sensible individual declined to submit to further loss. Since the death of William H. Levison, its former owner, considerable capital has been swallowed up by its publication, notwithstanding the vigor and spirit with which it was conducted. The Picayune was started as an advertising sheet, and was circulated gratuitous
Newspaper clipping regarding the demise of The New York Picayune. Transcription: 'ONE MORE UNFORTUNATE.'&mndash;The Picayune is no more. Its publisher struggled hard and manfully to avert this result, but he had made sufficient sacrifices for the good of the public, and like a sensible individual declined to submit to further loss. Since the death of William H. Levison, its former owner, considerable capital has been swallowed up by its publication, notwithstanding the vigor and spirit with which it was conducted. The Picayune was started as an advertising sheet, and was circulated gratuitously: but subsequently it joined the ranks of the regular journalistic army. While under Mr. Levison's control, it was exceedingly profitable ?never more so than at the time of his death. [Gunn ?s handwriting] Courier. Title: Thomas Butler Gunn Diaries: Volume 12, page 81 [newspaper clipping], approximately 1860 . 1860. Sunday Courier
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