Word: backing
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Dates: during 1930-1939
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...Randolph Hearst moved into Syracuse, with the Telegram, in three years pushed Harvey Burrill into a corner and made him sell the Journal. Kept on as publisher by Hearst, Harvey Burrill lived with two consuming ambitions: 1) to celebrate the Journal's 100th anniversary, 2) to buy it back. Last Christmas Eve Publisher Burrill died, three months before the paper celebrated its 100th birthday with a 250-page edition and seven months, less one day, before the Syracuse American (Sunday edition of the Journal) announced on its front page: "The Syracuse Herald has acquired the names of the Syracuse...
...Back of this curt announcement last week was a story that had kept Syracuse newspapermen in the jitters for months. Liquidating wherever they could, the tough businessmen who run the Hearst empire had let it be known that the profitable Journal and American could be bought. Six weeks ago Harvey Burrill's son, Louis, who succeeded him as publisher, could have had it for $750,000. While he dickered, a stranger went to Syracuse...
Cornered in his Stamford home, slovenly Heywood Campbell Broun, whose contract with the World-Telegram expires in December, joked: "Of course I can always go back to raising potatoes...
...Production recovered sharply in steel, but there too the advance threatens to result in new inventory trouble. After an extra-seasonal July 4 drop, the steel rate snapped back first to 56.4% of capacity, then to 60%, its 1939 high, and the trade predicted 65% operations yet to come. This continued a June trend: ingots were still being stacked up in anticipation of rush orders from the auto industry late in the summer. After Labor Day it may turn out, however, that Detroit's fall steel needs are being filled...
When it does, he gives tongue. He swings a leg over the arm of the chair, his coat begins to crawl up his back, his big hands move in expressive gesture. In a few minutes he is sitting up straight, his forelock is hanging in his eyes. His talk, with a native Indiana tang, is even more vigorous. To hell with formality. He talks as men do in the locker room, and spices his profanity with the Bible, Shakespeare and law. He spills out figures, dates, technical facts, historical parallels. When the argument grows hot his eyes get hawklike...