Word: presse
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Dates: during 1920-1929
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...Press...
Onetime Star Reporter Norman Klein told his reasons to the American Press (newspaper trade journal). Said he: "Newspapering is a young man's game. . . . And a newspaperman is young only as long as he can successfully kid himself. I kidded myself because I kept on thinking smugly that I was Somebody. . . . [ Manhattan newspapermen] love to come into the office of a morning to remark. -met Noel Coward at Condé Nast's roof party last night and Noel tells me -.' Or, '- So John D. Jr., was standing in the stern of Vincent Astor's yacht...
Publishers pay good money for memberships in the Associated Press. Newspaperdom is agreed that an A. P. franchise can be more or less definitely priced. But last week in Washington the Federal Board of Tax Appeals ruled that a press association membership has no definite value, is an "intangible asset." Intangible also, ruled the Board, are circulation and "good will...
...down in a case brought by Strong Publishing Co., publishers of the Chicago Daily News, against the Commissioner of Internal Revenue. Said the Daily News: $220,806.78 excess taxes had the News paid from 1919 to 1921 because the Commissioner had refused to consider the News's Associated Press membership, the News's circulation, the News's "good will" as tangible property...
Said the Board of Tax Appeals: press membership, circulation and "good will," while "factors in the appraisement of the business as a whole," are not "susceptible of separate and independent valuations...