Show i J THE OTHER day a telegram announced i an-nounced that the New York Daily r GrcjpJiic was bankrupt its assets amounting to only 40000 while its 1 tips aggregated about 870000 r liabilitiPS = may astonish some peo t The figures face tba the concern is I ple but the tJ wreck is not at all sur Ji Ii hopeless nt prising There was a time in its early history when the Crraphio was an enterprising progressive and popular newspaper The Goodsells were its managers and if the company com-pany had given them the necessary money they would doubtless long ere thls had the property on a paying pay-ing basis but the Canadians entertained enter-tained the fogy ideas of the old world and regarded enterprise as extravagance The Goodsells were turned out and the Graphic has I since been on the down grade It has degenerated into an organ without with-out a constituency and without either principle or enterprise Of late years it has lacked all the elements ele-ments and characteristics of successful suc-cessful American journals being sleepy snarling and weak If a newspaper lives in this country it has got to at least keep abreast of the times and this the Graphic failed to do Now and then it would make a spurt ahead only to relapse into its normal condition exciting neither the admiration nor respect of the American public The stockholders have finally tired of the luxury of publishing a pictorial pic-torial dailyand in all probability now wind up the affairs of the concern con-cern and stop the paper The only regret will be felt by the employees and they will not mourn much as it Is generally understood that the Graphics force were very poorly paid |