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a good short story is a cash asset. The demand is steady, the market unlimited, and the prices good. No other form of writing attracts half the attention nor commands half the rates of payment. “Fiction,” says Jack London, “pays best of all, and when it is of a fair quality, is most easily sold.” A literary beginner, I firmly believe, has a much better chance in this field than in any other; and if he possesses a fair education and is in earnest, he has the chance to make a good living and acquire a modest fame.

Every day that passes adds new markets for the short story. Says Frank A. Munsey:

“The great field to-day is for writers of fiction. There is not half enough to go around. Publishers all over the world are reaching out for both short and