Budapest, Hungary, there is a telephone newspaper, the first and only
one in the world. The main office is in telephone communication with the
Reichstadt (corresponding to our Congress), and it often happens that
important speeches are known to the public while the speaker is still
addressing the house; the latest reports from stock exchanges as well as
political news are heard before any paper has printed them, a short
summary of all important items is given at noon and again in the
evening; subscribers are entertained with music and literary articles in
the evenings, the latter being often spoken into the telephone by the
original authors. The cost is only two cents a day, and the company are
said to be making money even at that figure.