"The American daily press is, since the moral collapse of so many of the British penny papers, the best in the world. Unfortunately, it is not nearly as good as its owners and operators believe . . . Nor is it likely to improve as long as the present mood of mutual congratulation obscures the need for self-examination." Thus, in no mood to join in the congratulation, did London's weekly Economist launch its own penetrating examination of U.S. daily newspapers.
Most of the weaknesses of the U.S. press, said the Economist, can be traced...
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