The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-12-03


Dulce Of Alya who can hope to take the field
and drive the principles of the nineteenth CEN
tury to the wall.
Resignation or tho British Ministry.
By special cable despatch from London,
dated yesterday December p, we have the inn
portant information that the British Premier,
Disraeli, has announced to her Majesty the
resignation Of the ministry Of which he has
been the distinguished head This action is as
cribed to the successes of the liberals over the
conservatives in the recent elections for MEM
beers of the House of Commons. This prompt
response to the will OF the British people, as pop
uarly expressed, will be regarded with satisfac-
ton by both friends and foes OF the late Premier
There was, in fact no other alternative, and it
would be a happy thing for our own country
ii every Cabinet minister should feel obliged to
tender his resignation to the President when
ever the popular will has been expressed in
opposition to the measures of an existing adj
ministration. The policy Of the new British
ministry will no doubt soon be developed.
In the meantime we await the course of events
in Great Britain with profound interest for
they may be pregnant with significant conse-
quences not only to the future of the whole
British empire, but to the progress of liberal
ism among European nations generally.
The New York City Press.
One Of our Bohemian journals makes a false
aud garbed exhibit of taxes assessed upon the
- No Vn~lr
city newspapers (not including advertisements
for the months of July, August and September,
1868, and with ridiculous flourish of penny
trumpets puts itself at the head of the list.
The sales and subscriptions of the daily
HERALD are more than double those of any
other daily journal in the city, and our adver-
Using returns are in excess of those of all our
contemporaries put together. It is q necessity
of large metropolis that there should be one
leading newspaper recognized as the organ of
the business and commerce In the city-such
as the Times in London and the HERALD in
New York. Partisan journals are all very well
in their way but an Independent business and
commercial organ is indispensable to an active
trading community. The business ofthe HERALD
was never more extensive than at the present
time, ana our advertising columns-always
a certain business Observation-Disclosures unmis-
takably the activity of our commerce and the
prosperity Of our citizens. In this view alone
the progress of public journal is Of interest
to the people; otherwise they care as little
whether the HERALD makes three hundred
thousand dollars year or three thousand dol
lars as they do about any other enterprise
in which they have no share, and it is an i'm
pertinence to parade such statements before
them.
advertising business in New York within q
few years az there has been in the general
management of the Independent press Our
citizens are now accustomed to refer to our ad-
vertising columns to supply their wants, just
the same as few years ago they used to make
application to agents and middlemen. The
compact and systematic arrangement Of our
advertisements makes reference to any
branch of trade. commerce or business of any
description an easy matter, and the HERALD
thus becomes sort Of directory and guide to
business men az well az a valuable and inte
resting newspaper. The large revenue derived
from an extensive advertising patronage war
rants corresponding liberality Of expenditure
in the collection of news, and hence the great
superiority of the HERALD and the London
Times, as newspapers, over all their contem-
poraries. Business men who advertise on a
liberal scale thus receive double return for
their investments-frst, in the direct advau-
tage of increased trade, and secondly, in the
value and satisfaction of an enterprising and
well conducted newspaper. This is the whole
secret of the prosperity and superiority Of the
iudenendent press