Savannah morning news. [volume] (Savannah) 1868-1887, 1882-01-17
TOO AMBITIOUS.
Brief but Brilliant Career of a Young
Man Who, as the Head of a Great
Newspaper, Would RevOlutiOnIxe
Baltimore journalism.

Bqltinsore Special to Chicago Tribune, 18Th.
About two months ago William B. Hazel
ton, formerly managing editor of the Baltf-
more american, astonished the people OF Bal
more with the announcement that he WAS
going to start great newspaper In tbs city.
1t was we'll known in journalistic circles that
had no large fortune to invest in newspa-r
per, but the rumor prevailed that he was
backed by number of capitalists to she time
of $500, 900. His first step In the direction
OF starting the great enterprise was to ne
gOtiate for the purchase Of the Gazette of
this city. He paid s. 900 down, which was
to be forfeit II he did not pay the bal
snce for the paper by the 31st of
December. He then publicly ANNOUNCE
ed that he had bought the Gazette.
and commenced extensive preparations for
the starting of .the Tines. Everything was
done on the most expensive scale. He en-.
gagged number OF editors at salaries rang
ing from $50 to 500 er week. The manag-
Ing editor was to get $4,000 year, and the
large corps OF Washington correspondents
were'to be paid extravagant salaries. Money
seemed to be no object with the enterpris-
ing young man. The city and State and
indeed all over the Southern States In every
direction, were illuminated posters dis
played inviting the public to read the great
Independent newspaper-the Times. To be
In keeping with his mammoth enterprise,
HsZelton vacated his plain residence and
moved into a pala5ial mansion on Charles
avenue. He hired a retinue Of servant
and stocked the house with magnificsot f,,r
niture and art works. In the pr.eantime n
became apparent that he vas not going to
complete his purchase of the Gazette. as he
G9mmeneeQ co hLlH.ng up another building.
ne 0ouRbs a large outfit Of type and a
Slo,TcJJO press and stereotyping fixtures. On
the last day OF December he failed to COM
plete the purchase of the Gazette, but for
feited the $1,000. The TIMES, however.
came out on the first day of the wear. II
did not have the Associated Press news, but
It had New York and Washington news
bureau, with special wires from those cities.
1t started with big boom, but soon came
to grief. Last Saturday the printers were
only paid a portion of their first weeks
wages, and the editors and reporters
failed to get their money. A few DAYS ago
the concern, after weeks business, passed
into the hands OF the parties who now con-
tinue running the paper. 1t is understood,
in the interests of the creditors. Yesterday
a deed of trust was recorded in the Superior
Court of this city from w. B. Hazelton to
Frank Gosnell, dated January 10, 1882,
assigning all the household and kitchen
furniture In the dwelling No. 205 North
Charles street IN trust for the benefit Of the
creditors of Mr. Hszelton, from whom the
goods were purchased, as follows: Samuel
Child & Co, Klipper, Webster q Co.,
Michael & Brother, Hutzeler Bros, John
Turnbull, Jr., & Co., P. T. Barry, Henne-
gen, Bates 81 Co., Charles NJ. Steiff, and
David Bendann. Bills Of sale were also fled
from w. B. Hszelton to John Ryan of all
the type, stands for printers, etc., connected
with the Baltimore Times newspaper, In con-
sideration Of q debt of 81 $50 0S due the
firm Of John Ryan d Co. and to q Hartt
& Co, through whom they were obtained,
OF q Scott printing press, stereotype fixtures,
etc, valued at $40 900. The whole AFT sir has
certainly been one of the greatest Rzzles on
record. Hazelton is q young man, and a
good writer and journalist. A few years ago
he wrote an opera called electric Light.,'
Some Of his friends think him insane.