Word: shearn
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Dates: during 1940-1949
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Five years ago both Hearst and his empire were withering on the vine. Some drastic pruning had to be done. Hearst's imperious orders to his papers ("The Chief says") were sometimes set aside by General Manager Joseph Vincent Connolly. Trustee Clarence J. Shearn, a dry little Manhattan lawyer with complete control of Hearst finances, restricted the Chief to a paltry $100,000-a-year salary. To save what was left, Shearn sold, consolidated or killed papers, and started selling off big chunks of Hearst's enormous collection of artistic junk (bought for $35 million, worth perhaps...
...Shearn has been moved out, and Connolly is back where he came from-running Hearst's feature and wire services. A new triumvirate, all businessmen, is running the empire: Martin F. Huberth, Richard E. Berlin, John W. Hanes (onetime SECommissioner and Treasury Under Secretary). And once again old Mr. Hearst is the undisputed editor of all his papers and magazines...