Word: chikao
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Ironically, the Japanese press is largely owned by wealthy conservatives such as Mainichi's Chikao Honda, Yomiuri's Matsutaro Shoriki, and Asahi's Nagataka Murayama, who secretly sympathize with Kishi and the Conservative cause. But they are journalistic eunuchs, interested mainly in profit, who have literally surrendered their papers to the hundreds of young liberal "intellectuals" in Japanese newsrooms. Espousing no cause but that of full-throated antagonism to the party in power, these leftists not only incite to riot but often themselves join the rioters. Last week, when a part of the mob broke...
Into the Red. The competition to reap these bustling sales has nudged most papers into the red. "Since the war ended, our costs have exceeded our revenues," admitted Association President Chikao Honda. Subscription prices are fantastically low: 84? will buy a month's home delivery of morning and afternoon editions. Promotion prizes are so big that they often cancel out any gain in circulation. Cried Honda: "Our excessive competition is like pulling the legs of a man who is hanging himself...
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