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latest wonder of all, the great "Earth Chronicle" building in 253d Avenue, which was dedicated the other day? If George Washington Smith, the founder of the Manhattan "Chronicle", should come back to life to-day, what would he think were he to be told that this palace of marble and gold belongs to his remote descendant, Fritz Napoleon Smith, who, after thirty generations have come and gone, is owner of the same newspaper which his ancestor established! For George Washington Smith's newspaper has lived generation after generation, now passing out of the family, anon coming back to it. When, 200 years ago, the political center of the United States was transferred from Washington to Centropolis, the newspaper followed the government and assumed the name of Earth Chronicle. Unfortunately, it was unable to maintain itself at the high level of its name. Pressed on all sides by rival journals of a more modern type, it was continually in danger of collapse. Twenty years ago its subscription list contained but a few hundred thousand names, and then Mr. Fritz Napoleon Smith bought it for a mere trifle, and originated telephonic journalism. Every one is familiar with Fritz Napoleon Smith's system--a system made possible by the enormous development of telephony during the last hundred years. Instead of being printed, the Earth Chronicle is every morning spoken to subscribers, who, in interesting conversations with reporters, statesmen, and scientists, learn the news of the day. Furthermore, each subscriber owns a phonograph, and to this instrument he leaves the task of gathering the news whenever he happens not to be in a mood to listen directly himself. As for purchasers of single copies, they can at a very trifling cost learn all that is in the paper of the day at any of the innumerable phonographs set up nearly everywhere. Fritz Napoleon Smith's innovation galvanized the old newspaper. In the course of a few years the number of subscribers grew to be 80,000,000, and Smith's wealth went on growing, till now it reaches the almost unimaginable figure of $10,000,000,000. This lucky hit has enabled him to erect his new building, a vast edifice with four _facades_ each 3,250 feet in length, over which proudly floats the hundred-starred flag of the Union. Thanks to the same lucky hit, he is to-day king of newspaperdom; indeed, he would be king of all the Americans, too, if Americans could ever accept a king. You do not believe it
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