Word: southwood
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Dates: during 1940-1949
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Profitable Paradox. In 1929, T.U.C.'s Ernie Bevin swung the deal that made the Herald the profitable paradox it is today. Bevin sold a 51% interest to Odhams' Press, run by a business wizard named Julius Salter Elias (later Lord Southwood). Elias was willing to let Labor tell him how to sell Socialism, as long as he could tell Labor how to sell papers...
Died. Julius Salter Elias, Viscount Southwood, 73, onetime London errand boy who became head of Britain's whop ping Odhams Press (the London Daily Herald, The People, John Butt, News Review*), and a peer; of a heart attack; in London. Stumpy, colorless, hard-work ing (often 16 hours a day), "The Little Man" let his publications maintain conflicting editorial policies, specialized in building them to million-plus circulation...
Britain's press lords Beaverbrook (Daily Express), Camrose (Daily Telegraph), Astor (London Times), Southwood (Daily Herald), as well as Poet John Masefield and Information Minister Duff Cooper, ex-Prime Minister Baldwin, last week sent birthday congratulations to Britain's oldest newspaper, Berrow's Worcester Journal, founded in 1690 when William and Mary reigned in Merry England...