Show Publisher Lauds Newspapers for National Campaign Activities By JAMES W W. BROWN Publisher Editor and Publisher NEW YORK AP The AP-The The American American Ameri Amen can press functioned in the public Interest In 1928 1925 as it has done dona for r more moro than a century as the nerve center of ot the tho republic and tIre tiro market market mar mar- ket place of tho the nation Perhaps tho the outstanding public service of ot the tho year ear was the courage of the presidential campaign Without Without With With- out fear or favor the American press unfolded the stories of ot the parties and th the candidates day b by day from the moment the campaign was be begun begun begun be- be gun at a cost without parallel in po political political po- po reporting TIre The elections were reported more elaborately speedily and accurately than ever before CIRCULATION CITED Circulations of American newspapers newspapers pers in 1928 approximated those of 1927 1921 morning newspapers haying havIng having hav hay ing approximately 14 paid circulation per day 1500 evening newspapers approximately and Sunday newspapers approximately cl circulation per Sunda Sunday Advertising in daily dally newspapers in volume closely paralleled the tho course of or general business Its total was slightly lower than the tire volume for 1927 1921 and 1926 but during the last quarter showed a pronounced upI upward up up- ward trend I A considerable part of tho the decline in total volume was due to a slackening slackening slack slack- ening in the real estate market and to a lessening in m the demand for Jabor la Ja- Ja bor bar in industrial centers centers' as compared compared com corn pared with the peak activity of 1926 The outlook for 1929 appears to bea be bea a u. continuation of the tIme upward trend which began bei In September MERGERS GROW The outstanding development of ot 1928 was sas an increase In the number of newspaper groups or chains which now exceed fifty and control morO more than newspapers Circulation Circulation tion of chain newspapers i 13 is about 40 Per Percent t of the total dally daily circulation of ot the country having increased al almost almost al- al most 10 JO per cent during the tho past Vast fI five fIe e y years ars As 1928 1028 drew to a close several corporations were in process of organization organization or or- or- or to establish new llev operation operation operation opera opera- tion groups by purchase of existing newspapers ors or establishment f c-f new nev papers and it is believed 1929 will L see a greater expansion exp of the chain idea than any ear of ot the present decade BILLION DOLLAR BILLION DOLLAR BUSINESS Roughly American newspapers did a volume of or business approximating approximating mating about of or which winch represented income from subscribers and sales of pa pa- pers pens The balance rel represented rc in inCome income income in- in come from advertising Then newspaper business is en entrenched entrenched en- en trenched more strongly In the tho public regard and esteem than ever be before fore and is destined In 1929 to serve the tiro public interest more vigorously and fearlessly than ever before bedore |