The Metropolitan Press is the model after which the journals of the entire country are shaped, and, taken as a whole, it is the best institution of its kind in existence. The leading New York journals have but one superior in the whole world—the London Times—and they frequently equal, though they do not surpass the “Thunderer” itself in the extent and importance of their news, and the ability and value of their editorials. They are the best managed, employ the greatest talent, and are the most influential upon the country at large of any American newspapers. The leading journals are the morning papers. Five of these, the Herald, Tribune, Times, World, and Staats Zeitung, are huge eight-page sheets, and frequently issue supplements of from four to eight pages additional. The others consist of four large, old-fashioned pages. The expense and labor of issuing a first-class morning journal are very great. The cost of publication ranges from $800,000 to $1,000,000 per annum; and the force employed, including editors, reporters, proof-readers, newsmen, pressmen, feeders, clerks and compositors, is over four hundred persons. The profits vary according to the paper and the times. The Herald is private property, as are some of the others. The Tribune, Times, and Sun, are owned by stock companies. Under Mr. Raymond the Times was subject to his sole Each newspaper has its editor in chief, who controls the general tone and policy of the paper. He decides all matters relating to its editorial conduct, and is known to the public as the responsible editor. His principal assistant is the managing editor. In the absence of the chief editor he is the controlling power of the journal. His legitimate duties are to oversee the details of the paper, to see that its publication is not delayed, to engage and dismiss sub-editors and correspondents, to prescribe the character of the service required of these gentlemen, and to regulate the salaries paid to them. All the writers on the paper are directly responsible to him, and he, in his turn, to the chief editor. There is also a night editor, whose duties are heavy and responsible. He is charged with the duty of “making up” the paper, and decides what shall and what shall not go in—a delicate duty sometimes. He is at his post at 7 o’clock in the evening, and remains there until the paper goes to press in the morning, which is generally between 2 and 3 o’clock, though sometimes it is held back by important news until daylight. The foreign editor is usually a foreigner, and one well acquainted with the leading languages of Europe. He controls the foreign correspondence, and writes editorials upon European topics. The financial editor writes the money article, and is quite an important personage. He is obliged to be well informed concerning all the financial transactions of the day; he is courted by bankers and capitalists, as he to a certain extent controls public opinion in money matters, and he has ample facilities for making money outside of his position. The post is considered one of the most lucrative on the paper, and the salary is regarded as a minor consideration. The city editor has charge of the city news, and is the chief of the reporters. The leading dailies have from twelve to thirty reporters. These are assigned to duty each day by the city editor, who enters his directions to them in a large book. They are sometimes required to go to certain places to obtain news, and are expected to furnish so much matter concerning it. Some of the reporters have special lines of The amount of labor thus expended upon a morning Nearly all the city newspapers are located in or around Printing House Square, immediately opposite and east of the City Hall. One of the greatest curiosities of this square is a huge engine, which runs a large number of presses. It is situated in Spruce street, between William and Nassau streets, and occupies the basement of the building in which it is located. There are two engines here—one of 150 horse power, which is used during the day, and a smaller one of 75 horse power, which relieves it at night. Shafting and belting carry the power in every direction from the engine. One hundred and twenty-five presses are worked by these engines—each being estimated at so much horse power, and charged accordingly. They turn three-quarters of a mile of main shafting, besides a mile or more of connecting shafts, and as much belting. One of these belts, an India rubber one, 120 feet long, connects a fifth story press on Nassau street with the main shafting on Spruce street, across the intervening yards, and another of leather, on Beekman street, 140 feet, perfectly perpendicular, connects the sub-cellar and the attic. Some of the shafting passes under and across the streets. Over fifty newspapers and literary papers, besides magazines and books innumerable, are printed by this monster engine. The salaries paid by the newspapers are not large. Those who receive what is seemingly high pay do an amount of work out of proportion to their compensation. Mr. Greeley receives $10,000 per annum. Mr. Reid, the managing editor of the Tribune, receives $5000. Mr. Sinclair, the publisher, receives $10,000. These are considered good salaries. Any one familiar As a newspaper, the New York Herald stands at the head of the city dailies. It aims to be a vehicle for imparting the latest news of the day, and as such it is a great success. Nobody cares for its opinions editorially expressed, for it is the general belief that the Herald has no fixed opinions. It is valued here simply as a newspaper. It is beyond a doubt the most energetic, and the best managed newspaper in the city. Mr. James Gordon Bennett, the elder, has no rival in the art of conducting a popular journal, but his son, Mr. J. G. Bennett, jr., does not seem to inherit his father’s ability. Young Mr. Bennett is now the managing editor, and since his accession to that post there has been a marked decline in the ability of the paper, which, under the rule of Mr. Hudson, was unquestioned. Nobody expects consistency in the Herald, and its course to-day is no guarantee that it will hold the same tone to-morrow. Mr. Bennett aims to float with the popular current, to be always on the winning side, and he succeeds. The advertising patronage of the paper is immense. The Herald office is one of the most conspicuous buildings in the city. It is located at the corner of Broadway and Ann street, and is built of white marble, in the modern French style. Below the sidewalk are two immense cellars or vaults, one below the other, in which are two steam engines of thirty-five horse power each. Three immense Hoe presses are kept running constantly from midnight until seven in the morning, printing the daily edition. The rooms and machinery are kept in the most perfect order. Nothing is allowed to be out of place, and the slightest speck of dirt visible in any part, calls forth a sharp rebuke from Mr. Bennett, who makes frequent visits to every department of the paper. On the street floor, the main room is the public office of the journal. Its entrances are on Broadway and Ann street. It is paved with marble tiles, and the desks, counters, racks, etc., are of solid black walnut, ornamented with plate glass. Every thing is On the third floor are the editorial rooms. The principal apartment is the “Council Room,” which overlooks Broadway. Every other branch of the editorial department has its separate room, and all are furnished with every convenience necessary for doing their work with the utmost precision and dispatch. Each day, at noon, the editors of the Herald, twelve in number, assemble in the “Council Room.” Mr. Bennett, if he is in the city, takes his seat at the head of the table, and the others assume the places assigned. If Mr. Bennett is not present, his son, James Gordon Bennett, jr., presides at the council, and in the absence of both father and son, The circulation of the daily edition of the Herald is estimated by competent judges at from 65,000 to 70,000 copies. In times of great public excitement, all the dailies overrun their usual number by many thousands. The Tribune has a daily circulation of about 43,000 copies. It is, in point of ability, the best of the city dailies. It long ago surmounted its early difficulties, and has been for many years one of the most profitable enterprises in the city. It is owned by a joint stock company. It was begun by Mr. Greeley on $1000 of borrowed money. At the formation of the company the stock was divided into 100 shares at $1000 each. The number is still the same, but the shares could not now be bought for many times their original value. In 1870 the dividend declared amounted to $163,000; or, $1630 on each share. At present the shares are owned as follows:
The Tribune property is valued at over $1,000,000, which includes nearly $300,000 in real estate. The stockholders, it is said, contemplate, at no distant day, erecting a large and handsome printing office on the site of the present unpretending building now occupied. The profits of the paper do not depend upon the daily edition. The semi-weekly circulates about 35,000 or 40,000 copies, and the weekly about 130,000 copies. The last is sent all over the United States, and has beyond a doubt the largest number of readers of any paper in the world. The Tribune is the leading organ of the Republican party in the United States, and its influence is tremendous. It is a well written, well conducted paper, and is every year becoming more independent of party control. The chief editor is Horace Greeley, who imparts his strong personality to the whole journal. Many of the country people believe that the Philosopher writes every line on the editorial page. The managing editor is Whitelaw Reid, and the publisher Samuel Sinclair. Mr. Reid succeeded Mr. John Russell Young, and the paper has profited by the change. Mr. Sinclair is one of the most efficient publishers in the land, and the Tribune owes not a little of its success to his genius—for that is the only name to give it. The The Times is also a Republican journal, and aims to represent the Administration of General Grant. Under the management of the late Henry J. Raymond, a born journalist, it was a power in the land. Since Mr. Raymond’s death there has been a falling off in the ability, the manliness, and the influence of the paper. It is owned by a stock company, and is a profitable enterprise. The chief editor is Mr. Louis Jennings, an Englishman, and formerly the New York correspondent of the London Times. Mr. Jennings is a gentleman of ability and culture, and a journalist of considerable experience. His chief needs are a decided infusion of American ideas and sentiment, and a recognition of the dissimilarity between the London and New York mode of viewing matters. The publisher is Mr. George Jones. The Times, under Mr. Raymond, was one of the freshest and most thoroughly up to the times journals on the continent. Its correspondence, especially that from Europe, was exceptionally good. There has been a falling off in this respect of late. The circulation of the paper is not known with certainty, but is believed to be about 30,000 or 35,000 copies. The World is the principal Democratic journal of the city, and aspires to be the organ of the party throughout the country. It was begun about the year 1859 as a religious paper, and is said to have sunk about $300,000 for its projectors. It then became the organ of the Democracy of the city, and has for some time paid well. It is the property of its editor, Mr. Manton G. Marble. It is unquestionably one of the ablest journals in the country. Its editorials are well written, indicative of deep thought on the subjects treated of, and gentlemanly in tone. In literary excellence, it is not surpassed by any city journal. It aims to be in the front rank of the march of ideas, and makes a The Sun assumes to be the organ of the working classes, and claims a circulation of 85,000 copies. It is a bright, sparkling journal, issued at a cost of two cents. It is four pages in size, and has a fine list of advertisements. It is owned by a stock company, who bought it from the late Moses Y. Beach, its founder. The chief editor is Mr. Charles A. Dana, a journalist of long experience, and one of the most thoroughly cultivated men in the profession. He has made it a great success. It is piquant, forcible, and good-natured. Mr. Dana is assisted by a corps of able editorial writers and reporters, who are thoroughly impressed with the wisdom of his policy. He is very sanguine of making a still greater success of the Sun, and claims that he will yet run its circulation up to 200,000 copies. The Standard is the property of Mr. John Russell Young, formerly the managing editor of the Tribune. It is a Republican organ, and is struggling to reach an established and The Journal of Commerce is one of the few old-style papers left in New York. It is a ponderous four-page sheet, depending more upon its advertising than upon its circulation for its profits. It is edited with ability, and as it employs but few editors and reporters, and cares but little for general news, its publication is inexpensive. It is supplied by a regular carrier, and is not sold on the news-stands. It is taken by the leading hotels and by the down-town merchants, to whom it is valuable because of its commercial reports. The general reader would find it dull reading. It is one of the best paying papers in the city. The Star is a two cent paper, and was started at the time of the sale of the Sun to Mr. Dana and his associates, with the hope of securing the patronage of the working classes. Its managing editor is Mr. Joseph Howard. It is a sprightly paper, intensely Democratic in tone, and is said to be prosperous. The evening papers are much less influential than the morning journals, but the best of them are very successful. The Evening Post heads the list. It is owned by William Cullen Bryant & Co., and Mr. Bryant is the principal editor. It is the ablest and the most influential of all the evening papers, and is one of the purest in its tone of any of the American journals. It is taken chiefly in the families of cultivated and professional men. Its book notices are considered the most reliable. Its circulation and advertising patronage are large, and it is a very profitable investment. The Commercial Advertiser is now under the control of the venerable Thurlow Weed, and is a good paper. The Evening Express is the property of the brothers James and Erastus Brooks. It is well managed, and well edited, and is regarded as ranking next to the Post in ability and general excellence. It is said to be worth $40,000 per annum above expenses to its proprietors. The Evening Mail is younger than either of the others, but not far behind the best of them in ability and interest. It has a decided literary tone, and is one of the most enterprising The Telegram is little more than an evening edition of the Herald. It is owned by James Gordon Bennett, jr., and is a lively sheet, full of news and gossip. It sells for two cents, and has a large circulation. Its first page always contains a rough, but sometimes spirited cartoon, caricaturing some notable event of the day. It is a paying paper. The Evening News is a penny paper. It claims to have the largest circulation in the city, and is said to be very profitable. It is devoted almost exclusively to police news, and descriptions of crime, and finds its readers chiefly among the lower and rougher portion of the community. It is owned and conducted by Mr. Benjamin Wood. The evening papers are generally issued in four editions, at one, two, four and five o’clock in the afternoon. On occasions of unusual interest, they often issue extras every hour until late in the night. The evening papers contain the latest news and gossip, and a variety of light and entertaining reading matter, and are bought chiefly by persons who wish to read them at home after the cares and fatigues of the day are over, or to kill time in the cars on their way home. There are three daily morning papers published in the German language, the State Gazette, the Democrat, and the Journal, and one evening paper, the Times. The Courier of the United States, and Franco-American Messenger, are issued in the French language. They are also daily morning papers. All are well supported by the citizens speaking the language they use. II. WEEKLY PRESS.Exclusive of the weekly editions of the daily journals, there are about 133 weekly papers published in the city of New York. Some of these are literary journals, some political, some The best known weeklies are the literary, religious, and political papers, and of these the most noted are, Harper’s Weekly, Harper’s Bazaar, Frank Leslie’s Illustrated Newspaper, the Nation, the Chimney Corner, the Ledger, Home Journal, Weekly Review, Sunday Mercury, New York Weekly, Hearth and Home, the Sunday News, the Albion, Dispatch, Sunday Times, Citizen, Revolution, Spirit of the Times, and Police Gazette, among the secular papers. The most prominent religious journals are the Independent, Examiner, Evangelist, Methodist, Observer, Tablet, Liberal Christian, Christian Advocate, Christian Union, Christian Inquirer, and Church Journal. The Ledger has the largest circulation, having an actual sale of 300,000 copies per week. It is so well known throughout the country that it would be superfluous to describe it here. It is the property of Mr. Robert Bonner, who has reaped a large fortune from it. Next in popularity is the New York Weekly, which is much inferior to the Ledger, but which claims a circulation of over 200,000 copies. There are about a dozen illustrated papers of various degrees of merit, Harper’s Weekly, the Bazaar, and Frank Leslie’s Illustrated Newspaper head the list in popularity and worth. The first and second claim a circulation of over one hundred thousand, and Frank Leslie claims about seventy-five thousand for his paper. Some of the other illustrated journals are simply indecent sheets, and should be suppressed. The Nation is regarded as the highest critical authority in the country, and holds here very much the position of the Saturday Review in London. The literary journals are well conducted, and one will often find articles of genuine merit in some of the most unpretending. The reason is that journalists are unable to live on their salaries, as a rule, if they be married men, and are forced to make up the deficiency by contributing to the magazines and weekly papers. As a matter of course, they must dispose of their wares wherever there is a market, and where they are sure of being paid, even at starvation rates, for their labors. From $2.50 to $5.00 per The Sunday papers are generally high priced and nasty. They are entirely sensational in character, and are devoted to a class of news and literature which can hardly be termed healthy. They revel in detailed descriptions of subjects which are rigorously excluded from the daily papers, and abound in questionable advertisements. All of which they offer for Sabbath reading; and the reader would be startled to see into how many reputable households these dirty sheets find their way. |