Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1895-06-20
reaches the reader, when its cost is SO
trivial as to be unnoticed.

ICdOllCn tHc ItdutI, WHcA It's COnt 10 sO
| trivial as to be unnoticed.
n Now let us examine this very case
which the Heyald has cited. The
contemporary must include as trusts
or monopolies some things that are
not such in order to make up its ar
gument. No single machine, or
process is monopoly so long as there
are other machines or processes nearly
or quite as good with which it comes
into competition. With this detini-
tion, we can hardly find single trust
where the HeraM points out SO many.
The type trust ;s really the only one
tangible. 1t is matter that must be
known to the editor Of the Herald that
the prices for type are abnormally
high. The metal costs only few cents
q pound and the element of labor cam
not begin to make up the vast differ
ence between Lie raw material and
the finished product. This trust takes
advantage Of its opportunity. The
paper trust among mills or wholesalers
does not exist, according to our in
formation. Our salesman tells us that
paper is likely to be higher because a
trust of mill owners is said to be
forming, showing plainly what buy
ers have learned to expect from these
unions.
The variety of machines used in
making paper, the presses and other
machinery employed in printing are
not controlled by trusts, but are placed
in competition with other machinery
Of the same class aIa1Dthe buyer
chooses for himself. No trust there.
There is no possibility Of trust in
brains. Competition in that sphere is
the keenest. And it is of brains that
the modern paper is largely made.
News is not made by trusts-not
much Of it. The Herald says the
s.news is gathered from all parts of the
world by news monopoly and sent
by telegraph or telephone by electrical
monopolies."
Neither statement is quite correct.
We suppose the first reference is to
the Associated Press. 1t is not mo-
nopoly.It has as direct competitor the
| United Press, and every metropolitan
daily has numerous special corre-
spondents and depends upon the As
sociated Press only when the Associ-
ated furnishes something that has es-
capped its regular writers. No monop-
oily there.
No single telegraph company does
all the telegraph business. The Her
aid is ina position to judge how much
better-the telegraph service is where
there is competition, as between the
Western Union and Postal. The tele-
graph, too, has live competitor in
the telephone, and rice cersa. The
Bell Telephone company has long en-
joyed monopoly in its line of busi-
ness and the result is seen in extor-
tionate rates and faulty service. Bell
stock is quoted at 2l2, whereby one
can Judge Of the profits Of the mo-
nopoly. The advent Of the new Stan
dard Telephone company is hailed
with JOY by the business world, since
it will surely reduce rates and i'm
prove the service.
Thus we have disposed of most of
the trusts and monopolies that, ac-
cording to the Herald, enter into the
makeup of the newspaper
While we cannot agree Win Inc
Herald's views, we would be most un-
gallant if we failed to dotf our hat in
response to the following extract from
its article:---
"Moreover, the West Randolph HER
AID is monopoly, and particularly
clear case. 1t is the only paper in its
vicinity, and any man with half an
eve can see no other paper could pos
sibly get foothold there. The neigh
Dor is marvel of newspaper excel
lence, its situation considered, and it
holds its monopoly with specially
firm grip because of that excellence.
The West Randolph HERALD isa va!u-
able property and tspublic is in great
luck to have such a monopoly at its
service"
Of Interest to Men.