To-day, in the United States alone, five millions of dollars are invested in the building of printing presses, many of which, by slightest violence to figure of speech, do think and speak. Inspiration was not wholly a thing of long-gone ages, for if ever men received into brain and worked out through hand the divine touch, then were Hoe, and Scott, and Campbell taught of God. Under existing conditions newspapers of any importance, in the smaller cities, use one and sometimes two presses, capable of producing from 7,000 to 9,000 complete eight page papers each hour, each machine costing from $10,000 to $15,000. Papers of the second class in the large cities use treble or quadruple this press capacity, while the great papers, in the four or five leading cities, have machinery plants of from four to ten presses of greatest capacity, costing from $32,000 to $50,000 each, and able to produce papers of the different numbers of pages required, at a speed of from 24,000 to 90,000 four page sheets, or of from 24,000 to 48,000 eight, ten, or twelve page sheets per hour, each paper complete as you receive it at your breakfast table--printed, pasted, cut and folded, and the entire product for the day accurately counted in lots of tens, fifties, hundreds or thousands, as may be required for instantaneous delivery, while, as if to illustrate and emphasize the ever upward trend of public demand for the day's news, quick and inclusive, Hoe & Co. are now building machines capable of producing in all completeness 150,000 four page papers each hour. All this tremendous combination of brain, nerve, muscle, material, machinery and capital depends for its movement and remuneration upon but two sources of income--circulation and advertisements--the unit measurements of which are infinitesimal--for the most part represented by wholesale prices; from one-half a cent to two cents per copy for the daily newspaper, and in like proportion for the weeklies and monthlies; and by from one-tenth of a cent to one cent per line per thousand of circulation for advertising space. Verily, in a certain and large sense, the vast publishing interests rest upon drops of water and grains of sand. Under right conditions no kind of business or property is more valuable, and yet no basis of values is more intangible. Nothing in all trade or commerce is so difficult to establish or more environed by competitions, and yet, once established, almost nothing save interior dry rot can pull it down. It depends upon the judgment and favor of the million, yet instances are few where any external force has seriously and permanently impaired it.