“Watching his Round Table friends leaving the Algonquin one afternoon (while they were still young and relatively unsuccessful), Herman Mankiewicz (not yet a Hollywood producer) said to Murdock Pemberton, ‘There goes the greatest collection of unsaleable wit in America.’”
Excerpted from: Drennan, Robert E., ed. The Algonquin Wits. New York: Kensington, 1985.