ON more than one occasion it has been pointed out to us by our readers that whereas the annual subscription to the ''North-China Daily News" is $33 (ap: proximately the equivalent of Tls. 24) they can buy it day by day on the streets for an annual $28. And they point out further, more in amusement than in anger, that in other towns of the world an annual subscription to a newspaper means a reduction on the daily cost, not an increase.
The answer is, of course, that the system of distribution in other towns is totally different to that in Shanghai where the cost of the very large, and, we believe it
Text read from the printed page and cleaned; old type leaves the occasional error.