Word: block
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Dates: during 1920-1929
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...last week, a small baldish man named Paul Block announced he had bought the Brooklyn (N. Y.) Standard Union. The price was $1,000,000 or thereabouts. For the Standard Union it was a tidy sum, because for all its 65 years of distinguished history, the paper was losing money at the rate of about $25,000 dollars a month...
When the deal had been made public, when the Standard Union had carried polite letters of congratulation from the country's celebrities, Publisher Block gave a theatre party. He bought out the house for a performance of George White's "Scandals," and asked his friends to help celebrate. Among the guests were Polar Pilgrim Byrd, Aviatrix Earhart, Mauler Dempsey. Both the purchase and the party were typical of Publisher Block...
Like another newspaper chain owner, famed Frank Ernest Gannett, Publisher Block was trained in the quiet city of Elmira, in the "southern tier" of New York State. He went to Public School No. 1, and in his summer vacations he did odd jobs, ran errands for the Sunday Telegram...
Thirty-three years ago he quit Elmira and advanced confidently upon Manhattan, to the offices of a Frank Richardson, then acting as the New York representative of many a country newspaper. Young Block became adept in garnering rich advertising contracts. By 1898 he felt able to start out in business for himself. Ten years later, he bought the Newark Star-Eagle at a receiver's sale for $235,000. It required all his savings in cash, some...
...negotiated a shrewd deal in Pittsburgh, where he bought both the morning Post and the evening Sun, then traded the Sun to Publisher William Randolph Hearst for the morning Gazette-Times, then consolidated the two morning papers into the enormously profitable Post-Gazette. With the Standard-Union, Publisher Block owns five daily newspapers...