" THE TRIBUNE'S " LOSS
Sta,—The retort courteous from Mr. Wilson Harris giving the grounds for his statement in The Daily Press that during its brief career The Tribune sustained a loss in the region of £600,000 prompts me to question the remark in Mr. Gordon Robbins' sapient review that " The papers, according to Mr. Wilson Harris, will revert very largely to what they were before 194o."
This seems doubtful in face of a statement made since 1940 by a prominent advertising manager that post-war papers would probably have no more than sixteen pages because more pages would be uneconomic. I submit, however, that fewer post-war pages are highly desirable, bearing only in mind that in newspapers, as in other things, quantity is far from synonymous with quality.—Yours, &c.,
SIR,—As a worker in the centre of the newspaper industry at the time The Tribune appeared, I can state that Mr, Thomasson's personal loss on the venture was in the neighbourhood of £300p00, whilst the total loss was certainly not less than, £500,000. I heard these figures mentioned at the time by friends of Mr. Thomasson. Afterwards, when it was suggested there was room for another London morning paper, well-known newspaper men commented: " Not after the half-million loss on The
Highfield, Sidcup.
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