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Show NEWSPAPER PROFITS. The American Press. We do not believe newspapers are suffering from the "merciless competition" competi-tion" of which Mr. Munsey complains. If he should pass the time o' day with them, he would find the majority of them responding. "We're doing pretty well, thank you!" When a paper could realize $1,500,000 for its good name and good will, as did the Philadelphia Record, Rec-ord, there appears to be something in the business even from a pecuniary standpoint. When there are numbers of papers all over the country that could hardly be induced to sell for any consideration, there Is evidently little need for a trust to save them from bankruptcy. |