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Following the disclosures of Archibald Robertson Graustein, who told of International Paper & Power Co's investing more than ten million dollars in 13 newspapers (TIME, May 13), the Federal Trade Commission last week called two of the publishers who had been financed, to tell their story...

Author: /time Magazine | Title: The Press: Power and the Press (Cont.) | 5/20/1929 | See Source »

Last week the U. S. press had the distinction of having the Federal Trade Commission inquire into its affairs in a big way. The Commission summoned Archibald Robertson Graustein, president of International Power & Paper Co., which lately, through its subsidiary. International Paper Co., acquired stock in the Boston Herald and Traveler (TIME, April 22), to tell about his company's interest in and potential control of newspapers...

Author: /time Magazine | Title: The Press: Vertical Combination | 5/13/1929 | See Source »

Archibald Robertson Graustein has always been a prodigious person. Son of a German-born Boston milkman, he graduated from grammar school at 11 and entered the Cambridge Latin School for Boys. As a tribute to his small size his new schoolmates promptly stuffed him into an ash can. At a slightly more advanced age he got through Harvard-in two years, with Phi Beta Kappa, the John Harvard Scholarship and, on his diploma, summa cum laude. A little after that he passed from the Harvard Law School to the prominent Boston law firm of Ropes, Gray, Boyden & Perkins. With...

Author: /time Magazine | Title: The Press: Vertical Combination | 5/13/1929 | See Source »

...power interests in omitting their names from publicity sent out to the press. Let the power men present their side in rate controversies, he went on, under the names of their officials, not under the names of paid press agents. ¶ Reading of Editor Abbot's suggestion, Archibald Robertson Graustein, President of the International Paper Co.-I. P. C. -telegraphed the Society that his company would be glad to cooperate in the proposed investigation. The Society decided nothing. ¶ A headliner on the subject of newspaper chains was suave and eloquent General Manager (Colonel) Frank Knox of the Hearst...

Author: /time Magazine | Title: The Press: A. S. N. E. | 4/29/1929 | See Source »

Archibald Robertson Graustein. As a young Harvard law graduate, Archibald Graustein was just the man Tycoon Chace needed to look after his interests. A turbine for work, a turtle for silence, enormously shrewd, Lawyer Graustein was given charge of International Paper five years ago. Consolidations, trade agreements, and his activities on the directorates of other Chace interests, have kept hard-driving Mr. Graustein busy day and night, but now the industrial empire of which he is chancellor is approaching romantic vastitude. Grausteinia is becoming Graustark.* In the imperial coffers lies a treasure to which the felicitous French have given...

Author: /time Magazine | Title: The Press: Power and the Press | 4/22/1929 | See Source »

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