The first issue of National Geographic was published for the cost of fifty cents (USD), with an introductory address by the President of the magazine, Gardiner G. Hubbard.

National Geographic
National Geographic is an American monthly magazine published by National Geographic Partners. The magazine was founded in 1888 as a scholarly journal, nine months after the establishment of the society, but is now a popular magazine. In 1905, it began including pictures, a style for which it became well known. Its first color photos appeared in the 1910s. During the Cold War, the magazine committed itself to present a balanced view of the physical and human geography of countries beyond the Iron Curtain. Later, the magazine became outspoken on environmental issues.
Cent (currency)
The cent is a monetary unit of many national currencies that equals a hundredth of the basic monetary unit. The word derives from the Latin centum, 'hundred'.
United States dollar
The United States dollar is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.
President (corporate title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents, but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like Robert's Rules of Order.