[4] Taking advantage of the favorable, post- World War I exchange rate between the American dollar and European currency, Munson printed the first issue of Secession (Spring 1922) in Vienna for under $20.
[5] In this issue, Munson stated that “beyond a two-year span, observation shows, the vitality of most reviews is lowered and their contribution, accomplished, becomes repetitious and unnecessary.
Josephson, perturbed that Burke and Munson outvoted him, took it upon himself to condense one of Richard Ashton's greatest poems, which he objected to publishing, from about one hundred lines down to three.
After the fallout, Secession was not published again for several months, but in the meantime, Munson and Burke spread stories to their contemporaries that Josephson “was an intellectual fakir.
Wheelwright oversaw the printing of this issue in Florence, and radically altered Hart Crane's poem “For the Marriage of Faustus and Helen,” which greatly angered Munson.