History
The Syracuse Journal logo in 1919:
Publisher William Randolph Hearst, who had purchased the Syracuse, New York, newspaper the Syracuse Telegram, closed that newspaper on November 24, 1925, with issue No. 925. At that time, the Syracuse Telegram and the Sunday edition, the Syracuse American a.k.a. the Syracuse Sunday American, merged with The Journal, an old Syracuse institution that was established on July 4, 1844. In the days of extremely partisan newspapers, it held the reputation as one of the strongest Republican publications in New York State.
The merger was accomplished after Hearst acquired a controlling interest in The Journal for nearly $1,000,000. in November 1925. The transaction was carried out, and Hearst "sold" the publication for $1,000,000 to Syracuse Newspapers, Inc., a new corporation and publisher of the consolidated paper. After the merger was completed, Hearst was a director of the company and still played a major role in the decision-making.
Before the merger, there were three evening newspapers in Syracuse and "the public was somewhat oversupplied." The merger left two papers in the market: The Herald and the consolidated Journal-Telegram. Like its predecessors, the new publication was delivered in the evening, and the Sunday American was published on Sunday mornings. It was decided that the Journal operating plant and facilities would be used as the office and publishing plant for the combined effort. The Hearst Building at the corner of Genesee and State streets was sold and 100 Hearst employees lost their jobs.
Read more about this topic: Syracuse Herald-Journal
Famous quotes containing the word history:
“What is most interesting and valuable in it, however, is not the materials for the history of Pontiac, or Braddock, or the Northwest, which it furnishes; not the annals of the country, but the natural facts, or perennials, which are ever without date. When out of history the truth shall be extracted, it will have shed its dates like withered leaves.”
—Henry David Thoreau (18171862)
“For a transitory enchanted moment man must have held his breath in the presence of this continent, compelled into an aesthetic contemplation he neither understood nor desired, face to face for the last time in history with something commensurate to his capacity for wonder.”
—F. Scott Fitzgerald (18961940)
“Only the history of free peoples is worth our attention; the history of men under a despotism is merely a collection of anecdotes.”
—Sébastien-Roch Nicolas De Chamfort (17411794)