Word: mccormicks
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...good old Front Page tradition, Chicago is probably the most competitive newspaper town in the U.S. Four daily newspapers, owned by two companies, still battle for news beats and circulation, advertising and impact. In the morning, the late Colonel Robert R. McCormick's Chicago Tribune stands grandly against the up-and-coming Sun-Times of the late Marshall Field. In the afternoon, the McCormick forces are represented briskly by the ex-Hearst Chicago's American; Field Enterprises publish the once-great Daily News...
...Trib, on the other hand, is proud of its tradition, thank you. Editor Don Maxwell, 67, was handpicked for his job by the late Colonel McCormick. Maxwell, in turn, has hand-picked his successor, Managing Editor Clayton Kirkpatrick, 52. "The Tribune is what it is today," says Maxwell, "because we have a tradition. Editor Joseph Medill instructed the directors of the Tribune in his will: 'I hope you will always be able to remain Republican but always show good sense.' I don't think the Tribune will ever become flighty. Not so long as I am here...
...metal room divider? Frankly, we don't know what exactly to do." The housewares men scrambled as best they could. Some salesmen did business out of attache cases or in hotel rooms; former White House Chef Rene Verdon, who was supposed to perform at McCormick Place for the Scovill Manufacturing Co., whipped up gazpacho and apricot mousse in a suite at the Drake Hotel...
...Towners? The real, long-term economic damage was done to Chicago itself. Following housewares, 31 other major shows were scheduled at McCormick Place in coming months. Some 1,300,000 out-of-towners would have attended Chicago exhibitions this year, contributing close to $325 million to the city's economy through their spending for rooms, meals, taxis, entertainment and purchases. The McCormick Place disaster may cut the take considerably...
...year-old exhibition hall that had been built to outlast the Colosseum had no sprinkler systems or fire walls, and had burned down. Wondering also were such insurance companies as Travelers, Continental, and Interstate Fire & Casualty, who had written $29,650,000 worth of insurance on McCormick Place on the say-so of their own inspectors, who estimated its maximum probable fire loss at less than 1% of the building's value...