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The London Times

The London Times image
Parent Issue
Day
10
Month
February
Year
1845
Copyright
Public Domain
OCR Text

It is weli known to our readere thht tliïd . ournal stands nt the head of the newspaper,ress in Great Britain, and has a more-exten!ed circulation over the globe thnn any otheriirinted sheet. Bwg conducted oh a com)rehen3ivep]an - aiming at objects of the high - ;st iniportance - and enlisting in Uaservice the oftiest order of intellect, its speeulationa are read by the leading political cbaracters inev-ery civilized nalion, intense mierest.- - The vigor of thought, freedorn of opinión, and; power of siy!e,displayed in its leading articles, present a striking contrast to the trashy stuff,' whicli forms the staplecommodity of many po-: litical papers in our own country. The fol - lowing account of the enormous weekly ex-penditure and receipts of Lhis great political: engine, we take from the last number of theNew World: To avoid prolixity, and to be more easily understoodj wemake the statement in dollars,, instead of pounds sterling. The editorial ex penses per week (including, as we suppose. nly payments to the principal editor and tbei writers of kading arlicles) are SS25;.the pay- ment to foreign correspondents is $200; to Parliamentary reports (twenty in number, eachu i?25) $500; to ecientific, fine arts and literary." reportera of daily eccurences, crimes, oci-denls &.C., $106; for extraordinary, incidentall inteiligence from distinguished sources,.$li30;: to law nml pólice reporíere, $m0'. Thus,.the?total expenses for the original matter, wilhi wbich the paper is Bopplied,. amounts tou Ule; large 8um of $1500 eadi weck. The weekly expenses of printing" and conrpoBition, are calculated at $1250; of maoaging clerk3, book-keepers, Síc., $1280; adding to ihese the iiverest upon ihe capital sunkby the establishment for building,mQchinery,.type Sic, the weekly expenditures risea fully to 85,000, or &LG0,000 a year. The payments to the goverament for stamps, k.c.r o-mouitt to $175,000. We Biippose thot the paptr must be included in the aoiount, although, strangely enough, since ít is the' largeet iicm in all similar establishmeotfr, it i aot meiuioned. At uil eveotpr the whol'e expenditure yearly'xs represented asfailing: bol littlo short of $450,000, Tbr budget of receipfs for a eingTe year, preseiited the following results. Six laillions, tJirue hundred thousand of copies were sold- yielding a net anwunt of $525,00t)l Here is a profit on the circuiation of at Ifeaat Sl75,00O :i year. But to this profii is to be added, the enormous receipts for advertiaementsj of which each eopy èontams frora 700 to löOO!,- about 300,000 in the year, every one of which is paid for at high rales . The Haniburgli newapaper, Der Fi'eischwiz from whicbthis informatiun is derived íb not possessed of the charges for advertising1, and oan, therefore, offer no caleulation of the amounts derived fiom this sonree. We remember, however, a conversation wiïh arr intelligent Engïfarbtnan, familior with the history of the Londoo priees, in which he Btates that the Timea had divided aniong1 its proprietors, as the profits of a eingle year, the scarcely creditable eum of $020,000. Tlic proprietors are but a few mber; and a considerable portion of the copyright belongs to Mr. Walter, who was once chosen a mcnber of Parliament on the Tory interest. It has bren calculoted tbat 480,000 typographica) letters are ased to eacb copy on an average, a-iid ?ach copy,divided into octavo pages, so tbat tlio 6,000,000 ïmpressions of the Tiraes annually in circulation, 'Vould form a libraiy of 6,000,000 volumes in octavo. The Times itself states a surprising fact wilh regnrd to the extent of its correspondence. One hundred nnd thirty letters a day are received at the office on t'.ie average, inabtng ín ihe whole year the immense number of forty ihoueand. It does pot state, however, the time consumed in re.iding and answring thein - woik, we should imagine, for twenty persons. It s said that with our present rotes of postare, a mnjority of the pcojIe get no benefit from the mail&i.

Article

Subjects
Signal of Liberty
Old News