. America's oldest daily newspaper. The New York Globe. h durability. Sudden popularity israrely permanent, whether in the case of an individual, a party, a book,or a newspaper. The greater the possibilities of recognition and successthe steadier the progress. In the last six years The Globes circulation expansion was from 100,000to 200,000. Within this period much has happened of an extraordinarycharacter. At one time, during the early part of the great war, in October,1916, the circulation figure reached was 260,000, and it was mounting byleaps and bounds. Then came the print paper panic tha


. America's oldest daily newspaper. The New York Globe. h durability. Sudden popularity israrely permanent, whether in the case of an individual, a party, a book,or a newspaper. The greater the possibilities of recognition and successthe steadier the progress. In the last six years The Globes circulation expansion was from 100,000to 200,000. Within this period much has happened of an extraordinarycharacter. At one time, during the early part of the great war, in October,1916, the circulation figure reached was 260,000, and it was mounting byleaps and bounds. Then came the print paper panic that reduced supplyto twenty-five tons a day, limiting print to 220,000 daily. In that year,though seriously affected by this radical cut in the last three months, theconsumption of print paper amounted to 9,750 tons. For 1917 only 8,000tons were obtainable. But by diminishing the size of the paper and abol-ishing returns—that is, refusing to take back from dealers unsold copiesof the paper—it was possible with this limited supply to print 215,000 54. THil BOARD QF THl CHURCHi ERiECTlONJ PI^MD or THE GcN ERAL Assembly of thePresbyterian Church in the United States of America. TelephoneCdll 9757 Chelsea. 156 Fifth Avenue,NEW YORK Deoember the 2nd19 18: Mr, Jason Rogers, THE GLOBE» 73-83 Dey Street. NYC. My dear Mr. Rogers:- It has come to my attention thatTHE GLOBE is about to celebrate its one hundred andtwenty fifth anniversary, and I cannot let theopportunity escape me to offer my heartiest congratulations, I have read THE GLOBE for many years,.with deep interest, and it has been a mighty influencefor good in the metropolitan community and throughout theUnited States. Its editorials have been able and ithas in a very sane manner given to its readers the news ofthe world, THE GLOBE is a welcome visitor to thehome, for it never contains anything of a vitiating character,It is a clean, up-to-date progressive newspaper and Icongratulate the publisher and editor most heartily up


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