Journal of Business and Finance is an open access worldwide journal. Resolved that in the judgment of the Board of Administrators the relations of the newspapers owned by William Randolph Hearst represented in membership within the Associated Press with the information services owned by Mr. Hearst, trigger an ever-recurring evasion and nullification of the obligations each to the other of members of this mutual group and must be regarded as extremely prejudicial to the pursuits and welfare of the Associated Press and its members, the prime object of the organization being the mutual cooperation, benefit and protection of its members.
Hearst answered immediately. His code telegram—with the same old signature, Doctor”—was translated by Merrill at a gathering that I attended with Goddard and Polachek. It was a attribute message. It paralleled Hearst’s abiding ardour to play a lone hand. He had talked with the United Press individuals. They have been … Read More