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He founded and ran the widely circulated McClure's Magazine from June 1893 to 1911, when poor health and financial reorganization forced him out and many of his writers had defected to form their own magazine.
McClure's Magazine published influential pieces by respected journalists and authors including Ida Tarbell, Upton Sinclair, Burton J. Hendrick, Rudyard Kipling, Sir Arthur Conan Doyle, Robert Lewis Stevenson, Willa Cather, and Lincoln Steffens.
Through his magazine, he introduced Dr. Maria Montessori's new teaching methods to North America in 1911.
McClure was a business partner of Frank Nelson Doubleday in Doubleday & McClure, ancestor to today's Doubleday imprint.
After he was ousted in 1911, McClure's Magazine serialized his ghost-written autobiography.

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