Spalding's Baseball Guide and Official League Book for 1895
“ The cost of the amalgamation of the four American Association clubs with the National League, together with the financial losses incurred by the revolutionary period of 1890 and 1891—losses, by the way, which the players did not participate in, the clubs alone being the sufferers—left a heavy burden of debt to handicap the reconstructed National League in its efforts to recover the public confidence in professional ball playing lost by the malcontents of 1890 and 1891. ”
