LOSSES OF LONDON NEWSPAPERS.
“NOT ONE MAKING A SAYS LORD BURNHAM.
“There is not a single newspaper in London to-day that is making a profit, and there is certainly not a paper mill making a profit,” declared Lord Burnham, proprietor of the Daily Telegraph, at the Mansion House, London, addressing a meeting called by the Industrial League and Council to consider the best means of promoting co-operation among employers and employed to relieve the present' state of unemployment. "Nothing can be more malignant and devoid of all reason,” added Lord Burnham, “than the statement that at the present moment employers, for their own benefit, are attempting to make cuts in wages and to make conditions of labor worse.
“Those who are supposed to be weal thy will this year be paying their taxa tion out of capital.
“I myself pay 15/- out of every pound of income, in taxation, and some of’ my friends pay as much as 18/-.”—Liver-pool Echo.
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Taranaki Daily News, 7 January 1922, Page 7
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160LOSSES OF LONDON NEWSPAPERS. Taranaki Daily News, 7 January 1922, Page 7
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