value, or the amount of money he may have in his pocket at the time. This is a system of advertising little known, happily, in this “effete old country,” where we have not yet learned to sacrifice all that should be dear and honourable to humanity—openly, at all events—for a money consideration. It is almost impossible to tell the number of papers published throughout the United States of America, each individual State being hardly aware of the quantity it contains, or how many have been born and died within the current twelvemonths. The Americans are a truly great people, but they have not yet settled down into a regular system, so far, at all events, as newspapers and advertisements are concerned.3
The first paper published in America is said to have been the Boston Newsletter, which made its appearance in 1704. The inhabitants of the United States have ever been wideawake to the advantages of advertising, but it would seem that the Empire City is not, as is generally supposed here, first in rank, so far as the speculative powers of its denizens go, if we are to believe the New Orleans correspondent of the New York Tribune, who says in one of his letters:—“The merchants of New Orleans are far more liberal in advertising than those of your city, and it is they alone which support most of our papers. One firm in this city, in the drug business, expends 20,000 dollars a year in job printing, and 30,000 dollars in advertising. A clothing firm has expended 50,000 dollars in advertising in six months. Both establishments are now enjoying the lion’s share of patronage, and are determined to continue such profits and investments. A corn doctor is advertising at over 10,000 dollars a month, and the proprietor of a ‘corner grocery’ on the outskirts of the city has found it advantageous to advertise to the extent of 7000 dollars during the past winter.”
In London the Times and Telegraph absorb the lion’s share of the advertiser’s money. The former, the leading journal of the day, of independent politics and magnificent proportions, stands forth first,