Word: mckinnons
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Dates: during 1940-1949
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There was a chance that PM would go on, in drastically different form, under diminutive Clinton D. McKinnon, a shrewd newsman who pyramided a string of Southern California throwaway shopping papers into the million-dollar San Diego Journal (which he recently sold). He offered to take over from Field if the C.I.O. American Newspaper Guild unit would abandon its tough PM contract and meet his tough terms, including the right to hire & fire at will for three months. The reported price tag: $300,000 for plant & equipment...
...McKinnon was full of big plans, but newsmen doubted that he could afford to run PM unless he could erase its losses (up to $15,000 a week) in the first few months of operation. "I'll be editor & publisher," explained McKinnon, "but Field will still have a minority interest, which I'll have an option to buy. The staff is so overloaded it's pathetic. The whole thing lacks coordination and spark. I will strive to present the news as it is, not as we wish it were. PM will continue to be a liberal paper...
Bernborough, Australia's great horse, ran his last race last week. He broke a bone in his foreleg during the McKinnon Stakes at Flemington, will be retired to stud...
Turned down by War Manpower's production urgency committee on a plea to lift his employment ceiling from 42 to , McKinnon won an appeal to the local War Manpower Commission. His argument, backed by Mayor Harley Knox, labor, religious and other groups: there was "community hardship" in that freedom of the press existed only for Colonel Copley's papers...
...McKinnon felt confident of at least 30,000 circulation. His news and features lineup: United Press, Dorothy Thompson, Drew Pearson, Samuel Grafton, Walter Lippmann, Superman, Dick Tracy, Joe Palooka, others...