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Written by Jeremy Mims

It is the advertiser who provides the paper for the subscriber. It is not to be disputed, that the publisher of a newspaper in this country, without a very exhaustive advertising support, would receive less reward for his labor than the humblest mechanic.This was true in 1801 and it’s true today. Hamilton probably would have thought that newspapers implementing paywalls on their websites (except for those trading in proprietary financial information) were making a pretty big mistake.
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