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When pudgy, greying Theodore Olin Thackrey started his left-wing New York Compass 16 months ago, on the ashes of the departed Star, he seemed to be well fixed financially. He got $750,000 from 84-year-old Mrs. Emmons Elaine, daughter of Reaper King Cyrus McCormick and cousin of the Chicago Tribune's Bertie McCormick, who had given away ten of her millions for various causes and charities. When & if the Compass ran through its nest egg, the chances were good that Aunt Anita would cheerfully ante up again. But last week Editor Thackrey made a sad announcement...

Author: /time Magazine | Title: The Press: Wavering Compass | 9/25/1950 | See Source »

...Guildsmen on the pinko Daily Compass were accused of working in collusion with Editor & Publisher Ted Thackrey in the immediate economy firing of 13 employees, despite a Guild contract clause requiring 30 days' notice. ¶ Guildsmen on the Communist Daily Worker were charged with siding with management to keep the old pay scale ($71 minimum for reporters), while the Guild's local leaders were trying to raise Worker salaries in line with those on other Manhattan dailies...

Author: /time Magazine | Title: The Press: The Mysterious Left | 5/22/1950 | See Source »

Divorced. By Dorothy Schiff Thackrey, 46, owner-publisher of the New Dealing New York Post Home News (circ. 374,706): third husband Theodore Olin Thackrey, 47, editor and publisher of the party-lining New York Daily Compass (circ. about 50,000) ; after six years of marriage, no children; in Gooding, Idaho...

Author: /time Magazine | Title: Milestones, Sep. 5, 1949 | 9/5/1949 | See Source »

After firing her estranged husband Ted Thackrey in April, Publisher Dorothy Schiff* decided that in the editor's chair the Post Home News needed a working newsman who was a liberal with a clear anti-Communist record. Crusading Jimmy Wechsler seemed to be just the man. A onetime Nation assistant editor, Wechsler was on the original staff of the late tabloid PM, later its national affairs editor and Washington chief. In 1946, in protest against the paper's editorial Redlining, he chucked his job and went over to the Post. A graduate of Columbia...

Author: /time Magazine | Title: The Press: New Postman | 6/6/1949 | See Source »

...purpose," said Aunt Anita last week in a voice without a quaver, "is to help create a better world state. You have only to think of the need for this thing . . . look at the press of the world today . . ." Said Thackrey earnestly: "We are not going to lose money." But if he did there would be more where his grubstake came from...

Author: /time Magazine | Title: The Press: Angel in the Wings | 5/16/1949 | See Source »

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