Word: millionsâ
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Dates: during 1924-1924
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Frank A. Munsey, great newspaper consolidator, must be disgusted. During the past year, he spent several millions???just how many millions is not known?in buying up evening newspapers in Manhattan. He bought the Globe and the Mail and consolidated them respectively with his Sun and his Telegram. Where there had been seven generally circulating evening newspapers in Manhattan he reduced them to five?at his own expense. He did it in the interest of what he believed was sound business. He probably believes that even five are too many for one city. Now the announcement is made that within...
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