The Newspaper Press Directory for 1917 (C. Mitchell, 2s.), the
old- established trade record, is a guide to the world's Press that we have always found to be accurate. Among the introductory articles is one on " The Trend of the Modem Press," which discusses the effect of the war, and states that " to-day the real menace to the Pres s, the one danger that imperils its existence, is the shortage of paper—a situation totally unforeseen by newspaper men at the beginning of war and the only danger for which they did not budget." We should be loth to believe that the trade was so lacking in foresight were it not that the Government had made a similar and far more disastrous blunder in regard to bread.