 Evangelina Baltia and Ayșe Kavak, authors of "Publisher of the newspaper Konstantinoupolis for half a century," wrote that they could find no information explaining why Nicolaides' proposal for a Karamanli newspaper was turned down; at the time other publications in the empire in Karamanli Turkish existed.They also could not find any evidence explaining why Nicolaides accepted having an Ottoman Turkish publication.During the tenure of Nicolaides as owner, The newspaper revealed a criminal scheme to create fake currency, and it reported on the termination of Minister of Finance ; Balta and Kavak wrote that the newspaper had a "militant" point of view on the latter.