Word: lotspeich
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Dates: during 1930-1939
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...collapse of Caldwell's Southern banking and publishing empire (TIME, Nov. 24, 1930), the Journal regained its Republican editorial policy, limped along under the jury-rig of a receivership, with able General Manager Robert H. Clagett keeping a tight grip on the helm. Last week when Roy N. Lotspeich, socialite president of Knoxville's big Appalachian Mills Co., came forward with $450,000, for which New Orleans' Canal Bank & Trust Co. turned over the paper's controlling interest, it was evident that the venerable Journal had once more sailed into calm publishing waters...
Shrewd Knoxvillians guessed that new Publisher Lotspeich was not alone in getting the Journal out of hock. Back of him were supposed to be his fellow members in the potent Tennessee Manufacturers' Association, who wish to insure the continuation of the Journal's strong Republican slant...