With the single exception of the Irish Citizen, the Woman’s Journal is the only suffrage paper in existence which has no organization back of it. Jus Suffragii has the International Woman Suffrage Alliance. The Woman Voter has the New York Woman Suffrage Party. Votes for Women in England has the United Suffragists. The Suffragette had the Woman’s Social and Political Union of England. The Suffragist has the Congressional Union. The Headquarters News Letter has the National Suffrage Association.

Now, while the Journal has had no organization with large membership and resources to make it a power, it has shown great vitality as witnessed by the fact that it is the oldest surviving suffrage periodical in the world.  Furthermore, it has shown such remarkable growth during the past few years, with no capital put up to promote it and build it up as other businesses are built up, that it seemed apparent that all it needed to make it strong and self-supporting was a reasonable amount of capital, a reasonable amount of time and the wholehearted co-operation of suffragists in general which has been growing in an encouraging degree.  It seemed a time for faith and not for fear.

It was accordingly decided to retain the eight-page size, to continue the paper as a weekly and to borrow the money necessary to meet the deficit, believing that the great body of readers of the Journal would approve and sustain this decision when it was brought to their knowledge.  They would feel that a backward step should be impossible.

At the present time and covering the indebtedness of the Journal from October, 1912, to January, 1916, the figures are as follows: 

Borrowed in 1915....................... $10,500

Owed E.L.  Grimes Company for printing,
paper stock, mailing, approximately .. 9,000
________
$19,500

The assets of the Journal at the time of the last stockholders’ meeting (January 28) included the following: 

Subscriptions in arrears .................$4,968
Sales accounts ...........................    45
Advertising accounts .....................   460
Legacy of Miss Caroline F. Hollis......... 3,000
Legacy of Mrs. Mary E.C.  Orne............. 4,000
Legacy of Mrs. Hollingsworth ............. 1,000
______
$13,473

The amount to be raised, therefore, to meet the indebtedness of the three years and three months from October 1, 1912, to January 1, 1916, is $6,027.

From these figures it will be seen that we have to count upon collecting nearly $5,000 in subscriptions in arrears, upon legacies to be paid within the year, to meet the expenses of furnishing a paper to the cause, and that even then we must have over $5,000 additional to be out of debt for 1915.

  [Illustration: 
  Alice Stone Blackwell
  Editor of the Woman’s Journal]