By our own calculations we had in the course of seven years spent $65,000 in the Marble Arch beer parlour, the equivalent of 130,000 glasses of beer. We had printed a total of 117,000 copies of the magazine, half a million pages of literary writing, we had perfected the financial management technique that we named 100% Loss Financing. And we had launched the 3-Day Novel Contest, which is still thriving today, in its pages.
Do the math
1972