Word: hearsts
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Dates: during 1950-1959
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...Morgan. Slowly, John W. Davis of West Virginia and New York began to pull ahead of the other also-rans, until William Jennings Bryan, den mother of the Democrats, cast aside his palmetto fan and rose to denounce Davis as the advocate of Wall Street. Next day William Randolph Hearst's supreme pundit, Arthur Brisbane, reported it: "Instantly, Davis' vote dropped away to practically nothing, and there it will stay. For. as Mr. Bryan said, you can't nominate the lawyer of J. Pierpont Morgan for President of the United States." The following day, Davis...
...Editor James A. Wechsler he had a separate set of Winchellisms, e.g., "Cherry Coke Wexla," "James Jake Ivan Wechsler," "New York Post's General Pinko," and "Pinko Punko." In reply, the Post and Wechsler brought a $1,525,000 libel suit against Winchell, his sponsor (Gruen Watch Co.), Hearst Corp., King Features Syndicate and American Broadcasting Co. (TIME, Dec. 29, 1952). This week, in settlement of the suit, Winchell issued the most abject retraction of his career. Because of his trouble over this and other libel suits, he also broke off his $12,500-a-week contract with...
...Hearst Corp. agreed to print a similar retraction in all its dailies, as well as to send out a statement to non-Hearst papers that buy Winchell's column. Furthermore, to make the Post's victory complete, Winchell's employers agreed to pay $30,000 to the Post to cover the legal expenses of bringing the suit and taking depositions (TIME, July 13, 1953). Winchell also agreed to drop his $2,000,000 countersuit for libel against the Post, Publisher Dorothy Schiff and Editor Wechsler...
...More Protection. In his contracts with the network and Hearst Corp., Winchell is insured against libel suits; he does not have to pay damages. But Winchell does not think that with ABC he has enough protection. For example, the $1,000,000 in insurance policies that ABC has taken out does not cover Winchell for punitive damages, i.e., where the court orders damages paid to "punish for maliciousness," as in the $175,000 paid to Author Quentin Reynolds in his suit against Hearst Columnist Westbrook Pegler (TIME, July 5). Winchell asked that his protection be changed to make it "foolproof...
...Kern, said a colleague last week, "it's been a long, uphill pull. He kept his equilibrium, which is no small feat in the Hearst empire." As general manager of the newspapers, Kern will have a chance to communicate his sense of equilibrium where it is needed most-on the Hearst company's balance sheet. Last week Hearst directors voted to pay no quarterly dividend, though they noted "a distinct improvement in earnings over last year," when nine-month losses ran to more than $1,000,000 (TIME...