The Washington times., 1918-09-20
sUl "a 'sISI lgSpkdoO
Tribune Association.

members, and we could easily count
upon a national daily circulation Of
500. 900 copies.
This, TO be sure, would be a circu-
lation among German and. German
Americans, whereas what is wanted
Is native American readers but II
this German circulation is built up
discreetly as suggest, the man in
the street will only be impressed by
numbers. 4 large circulation widely
advertised would impress the native
American and lead him to take the
paper. And, meanwhile, a deficit
would be changed into a profit to be
used for further propaganda
The interests to which refer have
repeatedly consulted me en- this very
subject OF a newspaper not hostile to
their industry. and know that they
would be more than ready to give
their support to the plan now IN
hand.
This ~ 4 general. survey of the
field, Financially the moment is IA
vorable to the plan under. discussion.
The newspapers have suffered heav-
lily from the war. and for some OF
them the load is beginning to be too
heavy. Politically the transaction
would have to be handled with the
utmost delicacy. No suspicion Of the
influence behind 1t should be allowed
to reach the public And the news
paper world is like sounding board.
shall be delighted to keep myself
at Your EXcellency's disposal in cass
you should desire further facts.
Mr. Brisbanes Statement.
In a page advertisement in the
Post. printed on Thursday, Mr.. Bris-
bane said:
Mr.. A. Mitchell Palmer, on Sat
urdRy, declared that brewers had
bought a Washington newspaper,
and the New York Times tele-
phoned me to ask II 1t were The
Washington Times, of which am
the owner and editor.
Here are the facts for those in
terested:
have borrowed money on two
/ occasions from friends of mine
who are brewers.
In October, 1913, / secured
loan of SlSO.0OO. and two years
later. on January 6. 1916. sew
eral years before the loan ma
Jured. l repaid it in full with in
terest
In June. 1917, I negotiated with
Mr.. Munsey the purchase of the O..
Washington Times for 100000.
had to borrow money to pay
Mr.. Munsey $3.50, 900 on account
Of the purchase price. and an ad
ditional sum to finance the paper
to the self-supporting stage.
Two hundred and fifty thou
sand dollars. the balance OF the
purchase price ] still owe Mr..
Munsey, for which he holds as
security my obligation and all
the stock, of the Washington
Applied to Feigenspan.
l applied to Mr.. c. W. Feigen-
span, president OF the Federal
Trust Company OF Newark.
friend OF mine, and a brewer. for
n loan of the necessary amount.
He agreed that he and friends of
his would lend me what l might
need up to 100000.
1t turned out that ] could get
along with S3T6.OOO, and that
amount l borrowed in INSTALL
ments between June, 1917, and
November. lA7. In due time.
like the other loan. it will be re-
paid with interest
/ offered to give Mr.. FeIGen-
span. as security. a mOrtgageAou
real estate worth double the
loan.
This he declined As unSeces-
sary. He wrote me setting forth
his understanding. stating that
the money was lent for a period
OF five years. to be paid at nv
convenience, and waving the pay
ment OF interest.
! declined to accept the loan
without interest. In the course
"a about. two years. before ma
turity, this loan. like the, previ-.
Gus loan. will be repaid in full
with interest.
And | shall continue in future.
as for more than twenty years
past, to write against whiskey
andadruhkcnness and in favor OF
light; beer. wine and temperance
Thepletter referred to from Mr..
FeIgenspan. reads as follows:
F. s(The letter Is printed above.)
My attitude on the temperance
question is well known. For
more than twenty years, oppos-
ing the sale OF iwhiskey ] have
Advocated temperance, which L
believe .can be best promoted by
forbidding the sale of all. alco-
holic spirits, permitting only the
manufacture and distribution OF
light wine and bler in which the
49, :. - 10y. : n T. yss--e,