A Hazard of New Fortunes — Volume 1 by William Dean Howells

(2 User reviews)   725
By Isaac Martin Posted on Apr 1, 2026
In Category - Cornerstone
Howells, William Dean, 1837-1920 Howells, William Dean, 1837-1920
English
Ever wonder what it was like to pack up your life and move to New York City in the 1880s? William Dean Howells gives you a front-row seat. In 'A Hazard of New Fortunes,' we follow Basil March, a middle-aged Midwesterner who takes a huge risk. He leaves his comfortable job and moves his family to New York to become the editor of a new magazine. It’s not just a new job; it’s a whole new world. The book throws him into the chaotic, thrilling, and often harsh reality of the big city. He has to navigate a cast of wildly different characters—from wealthy investors to struggling artists and fiery socialists—all of whom have a stake in his magazine's success. The main conflict isn't a simple mystery; it’s the messy, everyday tension of building something new while figuring out who you are in a place that doesn’t care about your past. It’s about ambition, class, and the price of a fresh start. If you’ve ever taken a leap into the unknown, you’ll see yourself in these pages.
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Let's talk about a book that feels surprisingly modern, even though it was published in 1890. William Dean Howells's A Hazard of New Fortunes is a sharp, observant look at American life during a time of huge change.

The Story

The story follows Basil and Isabel March. Basil is offered a chance to leave his safe insurance job in Boston and edit a new literary magazine in New York. They take the plunge, moving their family into the bustling, overwhelming city. Basil's job immediately puts him in the middle of a social minefield. His boss is a self-made millionaire, Dryfoos, who bankrolls the magazine but doesn't understand art or literature. Basil has to manage a difficult staff, including a brilliant but radical socialist writer named Lindau and a charming Southern artist, Beaton. The plot isn't driven by a single dramatic event, but by the constant friction between these characters. Their clashing ideals about money, art, and social justice threaten to tear the magazine—and their fragile new lives—apart before it even gets started.

Why You Should Read It

What grabbed me was how real everyone feels. Howells doesn't paint heroes and villains. Dryfoos isn't just a greedy capitalist; he's a man confused by the new world his money bought. Lindau isn't just a political symbol; his passion comes from deep personal pain. Basil is wonderfully relatable—a decent man trying to do good work while keeping everyone happy, and often failing. The book is a masterclass in showing how big ideas about society crash into the realities of paying rent and dealing with difficult coworkers. You get a vivid, street-level view of New York's growing pains, the gap between rich and poor, and the birth of modern media. It's thoughtful without being preachy.

Final Verdict

This is a book for readers who love character-driven stories and rich historical settings. If you enjoy authors like Henry James or Edith Wharton, but want something with a more grounded, middle-class perspective, Howells is your guy. It's perfect for anyone who's ever moved to a big city, started a risky new project, or just felt caught between what they believe and what they have to do to get by. Be prepared for conversation, not car chases—but the conversations are where the real drama is.



🏛️ Open Access

The copyright for this book has expired, making it public property. Enjoy reading and sharing without restrictions.

Christopher Moore
1 year ago

This digital copy caught my eye due to its reputation, the practical checklists included are a great touch for real-world use. It definitely lives up to the reputation of the publisher.

Noah Sanchez
10 months ago

Compatible with my e-reader, thanks.

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