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James Parton, The life of Horace Greeley, Chapter 26: three months in Europe. (search)
e a duty on advertisements, and a stamp-duty of one penny per copy on every periodical containing news. A parliamentary committee, consisting of eight members of the House of Commons, the Rt. Hon. T. Milnor Gibson, Messrs. Tufnell, Ewart, Cobden, Rich, Adair, Hamilton, and Sir J. Walmsey, had the subject under consideration, and Mr. Greeley, as the representative of the only untrammeled press in the world, was invited to give the committee the benefit of his experience. Mr. Greeley's evidence,eration of the advertisement duty, an advertisement is charged ten times as much in one paper as in another. An advertisement in the Times may be worth five pounds, while in another paper it is only worth one pound; but the duty is the same. Mr. Rich. The greater the number of small advertisements in papers, the greater the advantage to their proprietors? Mr. Greeley. Yes. Suppose the cost of a small advertisement to be five shillings, the usual charge in the Times; if you have to pay a s