The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-01-24
MOST INFLUENTIAL
PAPER IN THE WORLD"
THE SALE THE THUNDERER" LoNDoNs GREAT
TO A CORPORATION CONTROLLED BY THE OWNER
EXPREss-A PAPER WHICH STILL IS
THE LEADING NEWSPAPER OF THE WORLD

oN'VNN vi bDttldl OCIdolOuSs but Slice
then its subscription lists have been
growing smaller and smaller and its
earnings less and less while the other
London newspapers were coming
money and printing five and six times
as many papers. One reason for this
falling off is the nigh price of the
Times, which has been maintained at
G cents a copy until today, while rival
newspapers were selling for 2 cents.
The advertising patronage of the
Times has also been falling off grad
ually as its circulation has gone down,
and this is explained by advertising
experts on the theory that the mer-
chants realized that the classes of peo-
pie who read the Times are not sub
ject to influence by advertisements.
Hence the classified ads" were very
few in number, and It was patronized
only by first-class mercantile estab-
lishments, book publishers. real estate
agents, brokers, bankers and other
financial operators. It's revenues be-
NoAhN oO llluNh ltuuCCu lutl lIlt INES
has resorted to various outside
schemes to increase its circulation. 1t
has handled encyclopedias and atlas
es; it has published special editions
and supplements to attract the patron
age of the different professions, and it
employed a Philadelphia promoter to
conduct a sensational book sale wnicn
demoralized the entire book trade OIL
England.
Nevertheless, it has continued upon
its old-fashioned, conservative way.
publishing enormous blanket Sheets
containing verbatim reports of the
proceedings OF parliament and the po-
ntical speeches made by it's tavorItes
in pubic life. 1t is said that every
word that has been uttered in the Brit
ish parliament for more than a nun
dred years has been published in the
London Times, and that is probably
true. The government has official re,
porters in both the mouse of lords and
the house of commons, and their stem
oglaphic accounts of proceedings are
printed every morning in publication
similar to the Congressional Record.
and called Parliamentary Debates. But
a limited edition is printed and the
public is compelled to get its account
of parliamentary proceedings from the
Times.
The Times has maintained the best
staff of correspondents in foreign
countries of any newspaper in Inc
world; the most intelligent, experience
ed and competent news-gatherers and
publicists, and they have invariably
enjoyed greater advantages for know
ing what is going on than the repre-
sentatiyes of any other paper. me
prime ministers and other public men
of Europe will send for the correspon-
dent of the Times when they would re-
fuse to receive the representatives of
other papers, and will give him infor-
nation that the local newspaper men
cannot OBTAIN. The public men OF
England, in the church, in the cabinet,
'AiS POI lltlAlNhl anu III lllduCldl tlItItS
will furnish information to the Times
in preference to any other paper and
for a century the editorials have fire.
quently been written by prime minis
ters and their associates when those
gentlemen had ideas which they wish
ed to bring before the people. That
does not happen so often nowadays as
was formerly the case, but a Times
reporter always has precedence still
and when an Englishman is aggrieyed
at anything he writes a letter to the
Times and expects that whatever is
wrong will be corrected.
The Times has never passed out Of
the control OF the Walter family. The
original John Walter, who founded the
paper, conducted it for fifty-nine years
and then died one of the most infu,
entail men in Europe in 1847 ThC
property was left exclusively to his
son of the same name, who had been
associated in the management fol
many years and who was a member OF
parliament The second John Walter
remained at the head of the bushes!
until 1884, when his son, Arthur f.
Walter, inherited it, and has since
been nominally the editor-in-chief and
controlling influence, although the
financial necessities of the paper anC
the necessity of improving the plant
and introducing modern ideas hai
compelled the Walter family to part
with a portion of their interest Geo
Il. Buckle has been the editor-in-chie
for twenty-seven years and Mobery
Bell has been the business manager
for about the same time, Mr.. Arthur
Walter has a number of sons, but they
have never taken an active part eithel
in the editorial work or the business
management.
1t is announced that Mr.. Arthur
Walter will continue as chairman o
the board of directors of a limiteu
company which has purchased tn
property, and that he and the othe
members of his family retain cOnsid