Word: news
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...cost way too much to run, none pays a respectable return on the money invested in it. If the World-Tele-gram, on which a $1,350,000 exploitation fund was lavished in its first eight months, has yet had any profits to share with the Brothers Pulitzer, the news has not been made public. Its circulation, never far over 400,000, has lately remained about 100,000 above the arch-conservative Sun, about 200,000 below the rowdy Journal. Publisher Howard prefers to measure the World-Telegram's progress in the past five years in terms of public...
...apply to manufacturers gave an idea to the AP's counsel, white-crowned John William Davis. First he pointed out that the AP is not run for profit, can declare no dividends, then ingeniously argued: "This case falls in the classification of manufacture and not in interstate commerce. News is manufactured over editorial cables, while Bessemer Steel may be manufactured by the open-hearth process. News comes in as raw material and is put in final shape by editorial employes, and then only does its interstate transmission begin. Not until this process is completed does it become an article...
...quite clear that respondent [the AP] is not an eleemosynary institution, but is a business association through which member newspapers make greater profits through decreased costs. Assessments vary in the same manner as dividends." For Mr. Davis' manufacturing claim, Mr. Ernst Lad just as ingenious a rebuttal: "News, in its intangible form, is carried over the air by wires; in printed form, it is carried over the ground by rail. The difference in means of transmission cannot affect or diminish the power of Congress to regulate respondent's activities as it can regulate the activities of railroads...
...this Mr. Ernst's Associate Counsel Callman Gottesman added, out of court, a sarcastic crack: "Many readers of the Associated Press have doubtless long suspected them of manufacturing news, but never expected the company's learned attorney to so admit in open court...
Last week the following were news...