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New York's moneyed class has always loved to read about itself. In the early years of the twentieth century, it particularly loved to do so in a magazine called Town Topics: The Journal of Society. Far and away the weekly's most popular feature, titled "Saunterings," offered material of a sort that other publications, many of which had society columns of their own, deemed unprintable.
In late June, 1905, Edwin Post, a financier who had recently suffered a string of losses, received a visit from a representative of Town Topics named Charles Ahle. Ahle carried with him a letter of introduction from the magazine's managing editor, along with a set of galleys. He ...