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Wairarapa Age, Volume XXXI, Issue 9065, 14 April 1908, Page 4

Mr Winston Churchill, speaking at a meeting of the League of Young Liberals recently, dilated upon the necessity for building up the standards of life. If he rightly interpreted the feelings of the working classes, he said, the cry was a great cry of complaint against insecurity in the lower ranks. They looked to the Liberal Party and to the Le ague to solve this great cry of insecurity which rose from the masses of the poor and labouring people, and they must devote thamselvea to solving that problem. He referred to the multitude of panaceas suggested, and said they had to light against these wild and deluded remedies, and in doing so they must not stop their ears to the real cry, which rang through it all. In his opinion, the question of unemployment was the greatest of the day. The people never complained without terrible cause, and they had to solve the question of tho crying need of a man who found himself unable to get employment. He was not one of those who said that everybody should be equal, but what he did say was £hat no ons should have anything unless everybody had something. The general trend of Liberal policy must be increasingly to build up the minimum standards of life and abour.

Some idea of the enormous cost of running a daily newspaper in a great city is to be obtained in the fact that the penny Liberal paper, the "Tribune," published in London, after a remarkable career of a little over two years, "closed down" in February last for lack of means to carry on. During its brief existence the proprietors lost close upon £300,000, though it had established an enormous circulation, and it 3 advertisement revenue was great. Its record is said to have been rarely equalled in the second year of any newspaper's existence. Yet it failed. , The editor, iti the closing article, remarked : "No newspaper nowadays can hope to establish itself as a commercial success in less than three or more years. It is a question of slow growth and steady upbuilding." That process of upbuilding was prematurely checked by insufficiency of capital, for the extraordinary financial position during tho past year made the provision of sufficient further capital impossible. So it was deemed best to discontinue publishing the paper while there were | ample funds in hand to meet all liabilities. The "Tribune" was a remarkably fine daily paper, and its demise has met with expressions of sincere regret from the bulk of the British Press.