Lehigh University
The Vault at PfaffsAn Archive of Art and Literature by the Bohemians of Antebellum New York
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              [newspaper clipping]
  �ONE MORE UNFORTUNATE.��The Picayune is
no more.  Its publisher struggled hard and man-
fully to avert this result, but he had made suffi-
cient 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 swal-
lowed 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 exceed-
ingly profitable�never more so than at the time of
his death.

[Gunn�s handwriting]
Courier.               
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