Word: dewart
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Dates: during 1950-1959
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...last-minute switch, Republican candidate Dewart pulled ahead of Democratic incumbent Senator Murray with three fourths of the ballots in. Murray had held the lead all evening...
Profit & Loss. Howard had been secretly dickering for the Sun since last January. Whenever rumors of a sale circulated, Publisher Thomas W. Dewart doused them with a standard gag: "The Sun is for sale for 5? a copy, on any newsstand-and in no other way." The deal was completed on Dec. 1, but announcement was delayed so Sun staffers could enjoy Christmas. Estimated price for the Sun's "name, good will and circulation lists," but not its plant in Lower Manhattan...
...Dewart, 39, who came up the business side and inherited the publisher's desk on his brother's death four years ago, the decision to sell was a cold question of profit & loss. The Sun was in the red. In his shutdown notice, Dewart blamed rising costs, notably "union demands." The mechanical unions and the Sun's independent editorial union bitterly replied that they had received no raises since 1948, had not been asked to take a cut. There was a more important reason than rising costs: the lackluster Sun had stood still journalistically for decades...
...slowly died. Then Frank Munsey, chain-store magnate and journalistic )luebeard, bought the paper. He folded Dana's evening edition, moved the morning edition to the evening and on his death in 1925 bequeathed the fading paper (and his Telegram) to the Metropolitan Museum of Art. William T. Dewart, Munsey's general manager, bought both papers in 1926, and the next year sold the Telegram to Roy Howard, setting the pattern followed by his son Tom 23 years later...