Letters: Dec. 24, 1928



A national non-partisan news magazine partakes of many of the characteristics of a public service corporation. Many successful public utilities have found a wide distribution of stock among customers most beneficial to the success of the utility.

Permit the suggestion that TIME recast its capital structure and offer to its readers an opportunity to purchase its stock; letting them have an opportunity to purchase common as well as preferred.

Think of the delightful outraged remonstrances that will be received from subscriber-stockholders when you fall into one of your seldom occurring errors; the...

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