I am asked from time to time what I think
of various news-letters of one sort and another, particularly the sort that lays high claim to access to special and authoritative information. Well, these publi- cations are of two kinds. Some purport mainly to express the views of their editor or editors on things in general. As to these, if you think highly of the views of the editor or editors it may well be worth paying money for them. As to the kind that base them- selves on their exclusive information, I can only observe that while the great London newspapers post special correspondents all over the world, and spend hundreds of thousands a year in the endeavour to get every scrap of reliable information there is, it would be surprising if the news-letters, with balance-sheets showing a thousand or two on either side, were in a position to beat the daily papers at their own game. It might happen ; but it does not seem on the face of it very probable.
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