Monday, May. 10, 1937

Paralysis and Profit

Last week Dr. Morris Fishbein, longtime spokesman for the American Medical Association, revealed why his voice has been silent in radio, lecture hall and conference room for almost a month. Following a severe cold Dr. Fishbein had developed paralysis of one side of his face. Wrote he in his imitation Pepys' Diary in the A. M. A. Journal: "It seems strange to see one side of the countenance so cold and fishy. Belike it would be well to save this appearance to bestow upon the quacks." Specialists assured Dr. Fishbein that ''sooner or later" he will recover.

Upon the Journal which Dr. Fishbein edits the A. M. A. depends for practically every dollar of its operating expenses. The Journal last year, Dr. Fishbein last week reported, earned $1,547,218. Operating expenses: $909,418. Net profit: $637,800. Cost of running the A. M. A.: $411,029. Other expenses, other income balanced to make a net income to the A. M. A. of $113,112 for last year. Adding this to accumulations of past years made a total reserve of $2,260,392 and total assets (including property) for the A. M. A. of $4,122,690.

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