Word: georgians
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...Dayton Publisher James Middleton Cox, thrice Governor of Ohio. Democratic candidate for President of the United States in 1920 against Ohio Publisher Warren Gamaliel Harding, stepped from a plane in Atlanta to announce that he had bought two papers: the Atlanta Journal and William Randolph Hearst's Atlanta Georgian. With them he got the Journal's 50,000-watt radio station, WTSB, and a 40% interest in another, less important transmitter, WAGA...
...Journal outfit cost Publisher Cox $1,943,685 in cold cash (for a 70% interest), plus an agreement to pay $761,400 more for the remaining 30% of its stock. For the Georgian, he gave Hearst $800,000, of which $300,000 was for good will. So Mr. Cox's Atlanta purchases cost him a total of approximately $3,500,000. To Cleveland Financier M. Smith Davis, for negotiating 1939's biggest newspaper deal, went a commission of over...
...Georgian suspended publication at week's end, turning its features and news services over to the Journal. That left Atlanta with just two daily newspapers, one of them Clark Howell's famed old Constitution. For years the Journal and the Constitution, both owned by influential Atlanta families, have combined to fight the Georgian, Hearst's Yankee interloper. With the Georgian gone, Atlanta can look forward to a hot battle between Journal and Constitution...
...Georgian, it was way behind. With a circulation of only 75,178, and such local advertising crumbs as the Journal and the Constitution dropped from their table, rumor said the Georgian had lost around $200,000 a year. Ably edited, it was blighted by a succession of Hearst experts from the North who could not understand the South's temper. Sale of the Georgian leaves Hearst's depleted empire with 17 newspapers, only one (the San Antonio Light) in the South...
...drawing room, it would welcome still more warmly a gift from her brother-in-law, Joseph Early Widener. A leathery, meticulous Philadelphia patrician, Joe Widener inherited his father's great art collection, has made it even greater by ruthless pruning. In Lynnewood Hall, Widener's vast Georgian mansion at Elkins Park, Pa., now hang 105 paintings-all good, some masterpieces...