I had to look out for
the mortgages. Take my note; you can get it discounted for
three per cent.'
"'No, I can't. If you will give me $250 for the debt, I
shall give the other half to pay the interest on your
mortgages.'....
"Whether the proposition has been accepted we shall know
to-morrow; but we have many such rich people."--_Herald_,
Oct. 28, 1836.
But it was not such things as these that established the Herald.
Confined as he was to the limits of a single town, and being compelled
to do everything with his own hands, he could not have much in his
columns that we should now call "news." But what is news? The answer
to that question involves the whole art, mystery, and history of
journalism. The time was when news signified the doings of the king
and his court. This was the staple of the first news-letter writers,
who were employed by great lords, absent from court, to send them
court intelligence. To this was soon added news of the doings of other
kings and courts; and from that day to this the word _news_ has been
continually gaining increase of meaning, until now it includes all
that the public are curious to know, which may be told without injury
to the public or injustice to individuals.
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