Nor, it should be noted, was there anything strictly illegal or even unorthodox about such practices. What impressed the committee most, in fact, was the extent of services rendered for money invested. As large a sum as 12,000,000 to 13,000,000 francs might seem, it represented only about I percent of the company’s total expenditures. Of course, it was regrettable, the committee declared, that the press had need to resort to such practices, but such were the realities of survival.

