Author Ezra Pound, convinced that T.S. Eliot's need to work for a living was stifling his creativity, determined to do something about it.He dubbed his campaign Bel Esprit and started by drawing up a brochure. In it, he asked “subscribers” to pledge about $50 a year. The goal was to support Eliot for five years at $1,500 a year—the bare minimum he’d need to quit his job and do nothing but write.
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