Word: ledgers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...papers in Jackson, Miss. bitterly competed with each other. The afternoon News (circ. 41,361) was run by fire-breathing Fred Sullens, who liked to boast how he beat up his complainants, was once caned by former Governor Paul B. Johnson. He also liked to attack the morning Clarion-Ledger (circ. 47,396), owned by the Hederman family. But despite the appearance of editorial rivalry in the state capital, the two papers worked as one on business and advertising matters...
...held a club over local businessmen by setting their ad rates jointly and by making national advertisers who wanted to buy space in one paper buy the same amount in the other. As a result of what a Mississippi court termed their monopolistic "subterfuge," both the News and Clarion-Ledger made an average profit of 18% on their total incomes, one of the highest newspaper profit margins...
...Hedermans, a powerful old Mississippi family which has amassed a fortune in the state from real estate, printing and newspapering, were not satisfied. The seven members of the family, led by Clarion-Ledger Manager Robert Hederman Jr. and his cousin, Editor Tom Hederman Jr., quietly began buying up News stock, hoped to turn the News into the afternoon edition of the Clarion-Ledger. Last year when Editor Sullens and the other owners found out that the Hedermans were on the verge of taking control of the News, they tried to block them in court. After a long and bitter court...
Seams of McCarthyism. At that point the McCarthyite Newark Star-Ledger took over. Under a six-column headline, hard by a two-column picture of a smiling Joe McCarthy, the Star-Ledger reported that the "material" concerned Case's sister Adelaide. The newspaper said that former Communist Bella V. Dodd remembered Adelaide Case "as an active member of several Communist-front groups I helped organize." When Clifford Case saw the story, he canceled all other campaign activities to prepare his reply to this "gutter politics...
...Decter point out, gave McCarthy a solid runway for his take-off as a Communist fighter in 1950. They grant that the furor caused by McCarthy did help to bring needed attention to the problem of Communist infiltration. But at about that point, the credit side of their McCarthy ledger begins to go blank...