It is the initial letters of the four points of the compass that make the word "news," and he must understand that news is that which collies from the North, East, West and South, and if it comes from only one point of the compass, then it is a class publication, and not news.

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Quote text and notes from Wikiquote: Benjamin Disraeli (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.