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The Massachusetts Spy, And Worcester County Advertiser
Worcester, Worcester County, Massachusetts
What is this article about?
London newspapers face heavy taxation: Morning Chronicle pays over £53,000 in stamp and excise duties, The Times £68,137 (over $300,000) with 10,000 daily copies. Ads cost >75 cents each, paper $2.23/ream, stamps 7 cents. Subscription: 9 pounds ($40)/year without ad privileges.
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The Morning Chronicle establishment pays over £53,000 pounds sterling to the Government for stamp and excise duties. The Times pays a still larger amount, £68,137, more than $300,000! There are nearly 10,000 copies of this journal circulated daily!
Every advertisement, whether of two lines or twenty, pays to the Government, over 75 cents, and every ream of paper used $2 23. Each paper is separately stamped before printing, and each stamp costs 4d sterling, or about 7 cents.
The subscription to a London paper, without any privilege of advertising, is 9 pounds, or 40 dollars, per annum.
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Foreign News Details
Primary Location
London
Outcome
morning chronicle pays over £53,000 in duties; the times pays £68,137 (over $300,000), circulates nearly 10,000 copies daily; ads >75 cents each; paper $2.23/ream; stamps 7 cents each; subscription 9 pounds ($40)/year.
Event Details
The Morning Chronicle pays over £53,000 pounds sterling to the Government for stamp and excise duties. The Times pays a still larger amount, £68,137, more than $300,000, with nearly 10,000 copies circulated daily. Every advertisement pays over 75 cents to the Government, every ream of paper used costs $2 23. Each paper is stamped before printing at 4d sterling (about 7 cents). Subscription to a London paper without advertising privilege is 9 pounds, or 40 dollars, per annum.