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Breakers Ahead. The Times, founded by Printer John Walter in 1785 to help keep his printing presses busy, in 1884 was "a stately East Indiaman of a newspaper, sailing under a still almost cloudless Victorian sky." But the glass was dropping: circulation was down to a puny 48,000. The barnacle-crusted Times was hopelessly old-fashioned for an age of steam...

Author: /time Magazine | Title: The Press: The Rumble of Thunder | 2/23/1948 | See Source »

...financier, philanthropist, chairman of the board of J. P. Morgan & Co.; after long illness; in Boca Grande, Fla. Brilliant, quiet-spoken Tom Lamont worked his way through Harvard, rose to a Morgan partnership at 41. Once a reporter (New York Tribune, 1893-94), he continued to be fascinated by printer's ink, lost heavily in four years as owner of the New York Evening Post, backed the Saturday Review of Literature for 14 years, wrote one book of his own (My Boyhood in a Parsonage). Following World War I he shuttled about the world trying to put the financial...

Author: /time Magazine | Title: Milestones, Feb. 16, 1948 | 2/16/1948 | See Source »

...Comes Out Here. Hogan developed a simplified system: for the transmitter, a photoelectric scanner that "read" copy from a revolving cylinder; for the receiver, an electrolytic printer that left a thin metal deposit on damp paper (it came out dry). The paper cost a dollar for a 400-ft. roll, enough to last a subscriber for a month...

Author: /time Magazine | Title: The Press: First Fax | 1/12/1948 | See Source »

John Calvin, who was barely 27 when he sent to the printer his famous Institutes in 1535. But, says McNeill, he never substantially altered his doctrine thereafter. An ardent humanist before what he called his "sudden conversion" to Protestantism, he carried his love of truth for its own sake over into his religious teaching: "If we hold that the Spirit of God is the one fountain of truth, we shall neither reject nor despise the truth itself, wherever it appears, unless we wish to be contemptuous of the Spirit of God." Of his central doctrinal position he wrote: "Predestination...

Author: /time Magazine | Title: Religion: Protestanism's Fathers | 1/5/1948 | See Source »

...they were officially ignored. Then the union's proposals, including a $10-a-week raise for daytime work, were put into effect by the three papers. No contract was signed, no closed shop "conditions of employment" were posted. Yet the closed shop was preserved, in effect, for any printer asking for a composing-room job will be referred to the union for a recommendation. Thus the issue that has caused strikes in Chicago and other cities was neatly evaded...

Author: /time Magazine | Title: The Press: Colorado Compromise | 1/5/1948 | See Source »

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