Word: herald
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Dates: during 1920-1929
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Critic Royal Cortissoz of the New York Herald-Tribune: "Some imaginative ambition presumably is involved . . . but it has not been at all tangibly realized...
Last week the U. S. press had the distinction of having the Federal Trade Commission inquire into its affairs in a big way. The Commission summoned Archibald Robertson Graustein, president of International Power & Paper Co., which lately, through its subsidiary. International Paper Co., acquired stock in the Boston Herald and Traveler (TIME, April 22), to tell about his company's interest in and potential control of newspapers...
...sources. The company was not getting its lion's share of what newsprint business there was. In order to sell its output, International decided to invest in newspapers, to "buy a market." A case in point: in 1927 International had supplied one-third of the newsprint for the Herald and Traveler, in 1928 one-sixth. The outlook for 1929 was dubious. By purchasing stock in the two newspapers. International got their whole newsprint order. Mr. Graustein next argued that vertical combinations between newspapers and newsprintmakers were natural and wise. He cited the Chicago Tribune and the New York Times...
...tremendous strides made in retail merchandising is the R. H. Macy Company, which in the past twenty-five or forty years has grown from a little store in the lower end of Manhattan Island to an international merchandising organization, with its headquarters occupying almost a complete block in Herald Square. Its personnel ranges from seven or eight thousand in the dull season to fourteen thousand at the time of the heaviest Christmas business, and its total annual sales run almost to the hundred million mark...
With the advent of Daylight Saving there commences a new era. Incidently perhaps, it is to herald this new era that Daylight Saving-a phrase which seems to illustrate how the economy of the government has penetrated even into the world of nature-was invented, in view of the deplorable scarcity of cuckoos that might take upon themselves the task of loudly singing "Summer is icumin in." However that may be, the Vagabond, last Saturday, having seen in the papers that this great invention-which has done more for sharpening the mind of the nation than cross word puzzles...