The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1860-09-11
English and Americ All Journalism.

A New YORK journal gives Inc following
reasons for the failure of various promising
newspaper Ell terprises i'll that city:
But money is not every thing in the organiza-
Il n and successful working of = 4Tst newspd-
per. There are plenty OF cap ttlIsts IN the CITY
VINO think that 1t rs sufficient Tor them TO subscribe
promise AS much more. to establish sucn q paper
ON u permanent ioollng. They Try tne expert
that the, have left one Important element Of sue
Out OF their calculations and that IS brains.
man can no moIe acquire thu profession of an
editor IN broker ONCE on the Germ tAChange,
than he can Iick up that of Ii lawyer or engl-
neer in a printing office. And so these would be
Journalists, who nave abandoned theif business
occupations in deaance OF the Latin proverh,
which enJolns the oobbler to suck To his last,
cover to tneir cost. After paying out their money
10 the tune of c3uple 81 thousand dollars week,
without even preserve return Tor IT. they
begin to Ind OUT alter tit'e Tune, mat they have
made bat sorry speculation. aAd sooner than
send good money after bad, they back out OF their
mise 10 lufnsh further capital and sell out 10
whoever is simple enough to buy. This Is the MS
tory OF the ana IA OF most of the newspaper
enterprises started Oy money ed speculatuTs. How,
indeed, u he oJhe wise: JOuruS lsu, ike II /
other IpteiiectGal pro esaipns requiros Ii special
uailiu E, and theIe must lie combine with 10 a Que
sense Of 1t. TesponsIb iI.Ies. " lthout thsse all
the capital N the world would ilil to create u
newspaper that uuid take the least hold Of the
public confidence or maze the sIshtes: impress
the bic mind"
Ia addition 10 these observations which are
probably true, 1t is asserted that the London
press is very TAR behind the New York press
in energy and enterprise, one proof OF which
is that having field of Geographic enterprise
covering far greater number of news centres
than are comprised within the range of the
New York lines, and at all of which are con-
tiaually trans spring events OF the highest i'm
portance, they never devote 10 them more than
II quarter, or at most half II column. II there
were any necessity for more, we dare say the
London press would SOON find it out. London
Is the central throne of the commerce and
credit OF the world and if it needed any such
accessory as Is deemed essential at the New
YORK circumference, the demand would soon
produce the supply With US, the telegraph il
rode 10 death, and if all the chaH were win
moved from the wheat in it's daily In te lligenes
there would not be half the news the London
papers contain.
la all other respects, We can scarcely sum
pose the most vain-gioTIons of our country
men would challenge com parison OF our own
mammoth sheets with those of England The
paper, typography, arrangement; the Iewspa.
portal talent everywhere visible; and then,
the leaders ! What solidity, power, pith and
point! There are brains and vim enough In a
single number Of the London Times 10 furnish
Respectable stock In trade ~ half Il dozen
mem bers OF Parliament and half u hundred
ordinary newspapers.