Transition and Decline
In 1953, Philip Jackson died from a heart ailment. William W. Knight, who had been the paper's legal counsel, was brought in as its new publisher. C.S. Jackson's widow, Maria Clopton Jackson, died just a few years later, in 1956.
But the forces that led to the paper's demise several decades later were already at work. With the successive deaths of C.S. Jackson II, Philip Jackson, and Maria Jackson, no family heirs were left to oversee the business and its operations. In this era, afternoon newspapers began their decline due to the rise of television, changing commuting patterns and other forces. The paper's economic vitality was further sapped by a lengthy strike against both Portland newspapers that began November 10, 1959. The newspapers published a joint strike edition, but while separate publication of the Journal resumed in 1960, its circulation never approached pre-strike levels.
Although the will of C.S. Jackson's widow, Maria Clopton Jackson, had specified that the newspaper's stock should be transferred to its employees upon her death, the trustees of her estate challenged that decision in court. Eventually, the courts ruled that the provision was written in wishful, not binding language. Maria Jackson had bequeathed the bulk of her estate to a charitable foundation she established in the will.
In 1961 the trustees, believing that losses from the strike could bankrupt the paper and deprive the foundation of much of its principal, sold the Journal to The Oregonian's publisher S. I. Newhouse for $8 million. This amount was twice the bid made by an Oregon group. Newhouse had acquired The Oregonian, Portland's morning daily, in 1950. Newhouse consolidated production and business operations of the two newspapers in The Oregonian's building while keeping their editorial staffs separate. As a result of the Newhouse acquisition, publication of the Journal's Sunday edition was discontinued. The company's radio stations were sold in 1961 to make way for the Journal's sale.
The Journal never recovered the readership lost in the 1959 strike. Its circulation steadily declined through the 1960s and 1970s.
Read more about this topic: The Oregon Journal
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