The Washington times., 1911-02-19
Mr.. Hitchcock's Conservatism

Mr. Hitchcock deserves great credit for his notable
efforts punish those using the United States mails induce
by exavagnt and false statements of earnings and
We cheerfully commend Mr. Hitchcock for his efforts
protect the people their property but ask that be not
deprived Of property because Of the advertisement in the
Congressional Record Of communication from Mr. Hitchcock
addressed the Chairman the Postal Committee of the Senate,
repeating the exaggerated regarding
the profits magazine publishing Many these Mr.
Hitchcock know absolutely without foundation
There appeared the Congressional Record February IS,
1911 letter from Mr. Hitchcock Senator Boies Penrose,
which has been reprinted understand the request
Mr. Hitchcock Senate document for circulation among those
who will be influenced by their official capacities Senators
and congressman We quote from the document as follows
in printed statement recently issued by the President
Of of the leading magazine publishing companies Of
New York City, the exceedingly profitable of the
magazine business clearly set FORTH According to his
statement the profits Of his magazine-9f another,
that his aa0erslue receipts $75,O00 fer month and
his b1g1tS are from S6OO0OO to S800,OOO fer year,
The msstatements in this communication from Mr. Hitchcock
the United States Senate and pepoerous
for discuss denyin this advertisement We deal with the
referred to in Everybody Magazine The statement which
Mr. Hitchcock pupos quote regards Everybody Magazine
reads in the stock promoters circular as follows
"Eveybodys circulation close to 100000 copies month
per copy-or monthly gross earning from circulation
of $4,000 $4,000 the wholesale price, while its adver
tisng receipts close $4,000 month IF follow
the usual rule applying this type OF publication profits
be estimated at 100000 to $780, 900 year..
Please note how the optimism OF the stock promoter stops
the statement that this only estimate Of earnings and
further qualities the estimate by the explanation that arrived
by rule that he says uual The conservatism of
Mr. Hitchcock converts this qualified Of the promoter into
statement Of fact by prominent publisher that profits are
from 100000 to $8O0O0O year.
Our profits for 909 the last year for which statement is
ready O2O93Il We print this because feel to
be duty to the public the facts about the stock promo
which Mr. Hitchcock now lends authority. And
because feel be duty ourselves let the Of
profits be known that profits at all relevant to the
postal legislation under contemplation the United States
Senate not be med disadvantage by Mr. Hchcock
communication.
Mr. Hitchcock has this instance again used his high posi-
hon misead the United States Senate which, if he
did have information he could easily have secured
it, In prev statement to the purpoing to dis
close information about the circulation Of Eveybodys Magazine
that private his Department. he made mstatemen that tend
to njure business Unless prove that be-
eves these maements by Mr. Hitchcock disadvantage,
have told by attorneys law; hence
this communication the members Of the Senate and House,