Word: papered
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Dates: during 1920-1929
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...back again. He worked for a milkman, a florist, a printer, a mason; turned up in the Army while still in his 'teens. In South Africa he resigned from the military in favor of newspaper work, and during the Boer War coded many a scoop to his London paper, much to Kitchener's embarrassment and the censor's discomfiture. The war over, Wallace was appointed editor of the Transvaal's largest newspaper, and on the proceeds he played with notorious bulls and bears of the Johannesburg market. He made $12,000 one day, lost...
...decades the Times was known as Raymond's paper. He died in 1869 and Mr. Jones carried it on to greater wealth and prestige. Dying in 1891, he left a splendid property to his children, with an injunction that they never sell out. Within a year they were preparing to sell. The editors, fearing the paper would fall into unworthy hands, rushed about and got a company organized which bought the property for $950,000. Then came the panic of 1893. The Times barely escaped consolidation and, in 1896, welcomed the help of Adolph Simon Ochs of Chattanooga. Tenn...
...first 25 years of his ownership, Publisher Ochs made the paper produce $100,000,000, more than 90 millions of which he poured back into the property for expansion and improvement. Last year it printed more than 30,000,000 lines of advertising, for which the public paid from 55? to $10.00 per line...
Louis Wiley, business manager, has been with Mr. Ochs's Times since its beginning. Carr V. Van Anda was managing editor through the paper's Great War days. He still holds the title but is virtually retired, reputed to be enormously rich, chiefly from stock ownership in the paper. Frederick T. Birchall, long with the Times, is acting managing editor. David H. Joseph, city editor, up from Kentucky, has given nearly 20 years to the paper. Beginning as police reporter, he now commands some 250 pairs of eyes and ears...
...Ochs, 71, is still in supreme command of the Times. Virtually all the stock -and there are no bonds or mortgages-is owned outright by him, his immediate family and his employes, past and present. He retains his Chattanooga paper because it was his first. Once he was tempted to buy and merge other papers. He took over two Philadelphia sheets and made the Public Ledger, which he sold to Magazine Tycoon Cyrus Hermann Kotzschmar Curtis...