THE LONDON “TELEGRAPH.”
A correspondent supplies the Melbourne “ Argus” with the following information concerning the London daily paper which figures so prominently in the libel suit tried there a few weeks ago;—“ln the late London libel trial of Lawson v. Laboucherc it was elicited the “ Telegraph” had been purchased about 20 years back for less than £SOOO, by three small capitalists of the Jewish race. It was the first of the penny dailies, and had been a loss to Colonel Sleigh, who started it. One of the trio of purchasers lately died, leaving three millions sterling as the value of his property acquired by such purchase. The daily advertisements were said to be nearly £6OO in value, and the day’s income from sales to be something over that amount or an annual income of about half a million. The paper has established ink and paper factories for its own needs —the latter of which has proved profitable enough to yield an annual ten thousand sterling beyond the saving on the supply used by the ‘ Telegraph.’ ”
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/SCANT18810527.2.17
Bibliographic details
Ngā taipitopito pukapuka
South Canterbury Times, Issue 2553, 27 May 1881, Page 2
Word count
Tapeke kupu
175THE LONDON “TELEGRAPH.” South Canterbury Times, Issue 2553, 27 May 1881, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in