AMERICAN NEWSPAPERS
Mr Brooke Fisher has a depreciatory article in the “Atlantic Monthly” on the newspapers in the United States. The newspaper, he says, has simply become an industry—“a business conducted for the usual ends of business, with public teaching and inuflenee but a by-product.” Concerning . the number and value of newspapers in the United States we get some particulars: -—‘“There are. it appears, over 15,000. establishments for the publication of periodicals, an increase of 24 per cent in the decade since the previous census. About 400 are started every year, or more than one for every day ?! ™ 0 ye-U'. including Sundays. Of the 10,000 existing journals, about 2200 are dailys and 13,900 weeklies. Considerably more than half of the whole number of these publications are really very unimportant, as but 6000 out of the 15,000 have more than 1000 circulation.” After giving the amount of capital invested, in the newspapers and their output in wages and material, Mr Fisher calculates that “the value of the product” is 223,000,000 dollars—-that is L 44.600.000. No wonder he exclaims that as a “business proposition” the American newspaper is exceedingly attractive.
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New Zealand Mail, 17 September 1902, Page 61 (Supplement)
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188AMERICAN NEWSPAPERS New Zealand Mail, 17 September 1902, Page 61 (Supplement)
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