No Poetry in Money

December 13, 2003

Last year, Poetry magazine learned that it would be coming into 100 million dollars, courtesy of drug company heiress Ruth Lilly. It was the largest ever single donation to a literary organization, and it went to an journal whose staff of four had recently operated out of a borrowed room in a Chicago library. Wall Street Journal reporter Robert Frank chats with Brooke about the turmoil that the influx of money has brought to the fabled institution.


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