Press: Confidences of Mr. X

Because the big businessman often has not the time or inclination to digest his newspapers thoroughly, because he likes to believe in a substratum of "inside" information which the Press does not print, because he is more impressed by gossipy chat than by formal information, the "confidential" Washington letter has become a thriving institution. Last week a select list of 800 bankers, lawyers, manufacturers, editors, etc., etc. were receiving free a new kind of "inside stuff" service which may soon be marketed at $5 a year. It is the brain-child of the enterprising...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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