The Press: Stamping Out a Deficit

To the average letter-writing American, postage means little more than those gummed and perforated squares that he buys for a few cents and pastes on his letters. To U.S. newspaper and magazine publishers, postage is much more significant; it is a large part of the rising cost of getting their publications to the reader. By last week, a new postal-rate-increase bill was threatening to raise the mailing costs of magazines and newspapers well beyond the ability of most publishers to pay.

Death Sentence. In some cases, the proposed increases add up to something...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!