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Kohlsaat Buys Two Newspapers

Kohlsaat Buys Two Newspapers image
Parent Issue
Day
23
Month
April
Year
1895
Copyright
Public Domain
OCR Text

Chicago, April 23.- H. H. Kohlsaat, who for a timo held tho oontrollins: interest ia tho Iator-Ocenn, but sold out because ho had ideas tliut did not "geo" with those of others In the concern, has stnco been Wí-tching an opportunity to get back inte Iho ranks of journalisra and his Buccess marks another "Hghtnlng chango" in tho life of tho Herald, founded by the Late Jumes W. Scotfc. The changa is greater than fcliat by which the paper becamu ttio Times-Herald, for it involves a change of politics from Democratie to Republictm in the national issuo of 1 tection. Mr. Kohlsaat has purchased $710,000 of tho $1,000,000 iu stock of tho paper audono of the first indteationa of lis publican control was the reslgnation of the principal political writer, who could not writu protecfcion articlcs against his own conviclions. James W. Scott ownod f00,000 iu tho Times-Herald and besides tho monoy for this Mpa. Scott will get an aunaity of $10,000 for ten years if shelivea that long. bho will also hold a small interet in tha paper. It should be sald that tho 6ale inoludes The Evening Post also. Mr. Hawley, the managing editor of tha Times-Herald, retains his stock, but of course will not concrol tho paper's poücy. i Outside of the issue of protection thB paper will vigorously opposo free silver coinago at any ratio by this nation alone. In local affairs it will be Independent nnd hold personal iitncss as the oniy qualíflcation for municipal offleo

Article

Subjects
Ann Arbor Argus
Old News