On Wednesday the Times announced that from Monday next its
price will be lowered from 2d. to id. In view of the fact that the public has come to the conclusion that the proper price for a big newspaper is Id. and for a email one id., the decision is, we believe, a wise one, and we most sincerely trust that our great contemporary will, under the new conditions, have a future as prosperous, as dignified, and as worthy of the respect of the nation as its past. It will, we hope, be found possible, and we see no reason to the contrary, to maintain to the full the six qualities for which the paper has been famous. These are (1) the supply of foreign news of the first authority ; (2) reports of Parliament, full, judicious, unsensational, and comprehensive; (3) the adequate and serious reporting of cases before the Courts of Law ; (4) City and Stock Exchange information free from the slightest suspicion of contamination from interested sources ; (5) wise and moderate rather than partisan views on the politics of the hour ; (6) a high standard of literature and scholarship in all departments of the paper. In this context we may note the announcement that the Literary Supplement, which has deservedly won such golden opinions from all who care for literature, is to be maintained as a separate penny paper, though literature will be repre- sented in the ordinary pages of the Times.