The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1914-09-17
.EUROPe'S ASSOCIATED PRESS

question that quite a number OF peo-
pie who know nothing Of the orsaniza-
ton OF newspaper are asking just
now The answer Is, OF course. that
Reuters Telegram Company is a great
news gathering agency which tele-
graphs 70 every English daily paper the
staple OF its foreign news. In spite Of
| It's German name, Reuters Agency is
purely English concern. and is not
| directly concerned with the supply OF
news 20 any other country. II has It's
own correspondents I'm every capital
/ and in every important city I'm the
world. In the very early days Of the
telegraph one Julius Reuter-. a young
Prussiau Jew. was the first man 10 see
the journalistic importance Of the new
| invention. I'm 1870 he formed at AK
! la-Chapelle an organization FOR COLI
lectlne and telegraphing commercial
and financial news Many places in
those days were not connected by
telegraph at all. and Reuter- bridged
the gaps sometimes by railway train
and often by carrier pigeon. In 1851
Reuter- came 20 London and established
his now world-famous agency there.
II was al first an agency for the dstrl-
button OF commercial news. and its
principal customers were Greek mer-
chants, who chiefly wanted informa-
tion about the wheat cargoes on the
Danube.
Reuter- very soon saw the POSSIBLE
. ~
foreign news for all English papers,
Each paper at that time was depend
ent entirely upon its own correspon-
dents for its foreign news service. In
1858 Reuter- persuaded the Morning
Advertiser 10 take service from him.
Hhe paper was at that time paying
what we should now consider the
trihing sum of c 40 month for it's
| foreign kilograms. Reuter- offered To do
it better for 80 a month. The Adver-
| tiser and six other papers accepted
the service and that was the begin
ming Of Reuters Agency as we know
| il now The following year Reuters
Agency got its first great scoop" The
Austrian ambassador had had an audi
| ence with Napoleon I'll. at the fuller
| les. The emperor had said: Il regret
| that my relations with your govern
meut are not SO good as formerly but
beg you To inform your master that
my personal sentiments towards him
have undergone no change These
words were uttered at one o'clock on
Feb. Q, 1853: at two o'clock they were
| published in third edition Of the
| Times created a panic on the stock
/ exchange and made the reputation of
Reuters Agency. Today Reuters
| Agency covers the whole world with
a network Of correspondents. It must
not be supposed, however that every
| Reuter- telegram comes from a Reuter-
man. Every country has its national
| agency, like our own Press Associa-
ton. In France it is the Havas Agen-
| cy: in Germany the Wolff i'm Italy the
Stefani Even Japan is forming an
agency Of it's own just now. All these
agencies supply Reuter- with news from
the smaller foreign towns where there
is no Reuter- correspondent, and they
| i'm turn receive news from Reuter-.
Besides collecting news, there are
| many subsidiary services and enter
prises that the agency has taken up.
| For example, at ordinary times Reu-
| tcr's Agency dispatches an average of
| perhaps 1000 telegrams a day for pri-
| vate persons. It is able to send these
kilograms cheaper than a private per-
| son could for himself by virtue of it's
elaborate system OF cooling. II also re-
mits money abroad for private persons,
and i'm this way millions of pounds a
year pass through its hands. II owns a
| bank which floats foreien loans and
| holds foreign concessions. Baron de
| Reuter- died i'm 1899, and the present
| managing director of the firm is his
| son. Under his MANAGEMENT the ia =
| nous agency still keeps up its wonder
ful enterprise and achieves scoops
| To take the latest, it was, twenty min
| utes before anybody else with the
| British declaration of war the other
| day. II was an hour before any other
| correspondent with the news Of the as
| sassination Of the Archduke Ferdinand
| and It was two hours before anyone
else with the news OF the Empress of
| ireland Manchester Guard
| ian