Telegram-herald., 1890-08-05
RICH NEWSPAPER MEN.
R0sry n. f1..i~x -sa J0hn a Re-
fsli~r Wnl sseszas fasttsH~ rs
Ne. psas1rs afa E~ DistAnS"s
staAa.xd oi 0Ex2@ ~ Cssrs~-

eta4a2xd Oh "a - ~ ~~~-
tcoPYsEsHr lsSo 81 EAcHELLEA %
Cue of tia most s1siting rpmo's
wAiea have fron time te time riPPlee
TIE steady current of gossip On news
paper How Ia New fotk ety.
= tie story 20 the s6ses tl"e
JohA H. Eoek afellsF, hsnrF d f'as4eF
znd other Of the Standard Oh m2gnases
paTPoss starting q newspaper Nh'
these gentis2sn want OF a daily news
paper IN New York city Just 81 Tao
present iaaetars is not apparent. ihs
somewhat fimy tax that Il is 20 De feA
Ia she interests OF anti-sslooa temper
snes Is seoats3 by the beat iaisrinsd
newspaper workers.
When Henry NJ Flagler tutit bis
81. Augustine Hotel on the bed Of tho
old Maria Sanchez or eek, We were told
that be was doing IL for fun, that he
wis he'd TO own hotel as another rich
man would his yacht, bat then that
hardly explained the fact that the
Standard Oil Trust, or ildividnai
members Of that corporation. are the
largest real estate owners In Florida, the
money invested there by them repre-
senting cons rably over two-thirds of
the entire value of the State. The
motives for the Floridlan investments
have developed themselves to those who
have carefully followed the moves OF
the great corporations, and those
people, especially, are unwilling TO be-
h-ve thas the newspaper Ia 10 DO
started for the qualification Of fad.
a company which, with it's members,
represents over $500, ,000, 600 could, of
course. afford TO start paper even on
the extravagant lines which are mapped
out for ths proposed daily, and, with
capable newspaper men in charge and
such financial backing, 1t could simply
crush out opposition. AT No. 20 Broad
way, the people are very reticent about
the matter. going so far, in some in
stances, as to deny all knowledge of the
project. There is plenty of collateral
support for the rumors, however, sew
eral recent occurrences In newspaper
circles going 10 prove that some very
strong comb ination is quietly feeling
its way toward the establishment of q
new paper on the rehabilitation of an
old one. Mr.. Henry NJ. Flagler, who is
credited with being the executive head
of the newspaper scheme moves in a
mysterious way his wonders to per-
form. quite frequently.
"There are three species Of creatures, who
when they seem coming are going
When they seem going. they come-Diplomats,
women and crabs"
says John Hay. Mr. Flagler being
neither woman nor q crab certainly
must be ranked as a diplomat. He
ha. not, however, been able to keep this
matter as quiet as he wished and shorn
of the gaudy trappings of rumo- with
which imaginative newspaper men in
vested them, the plain facts seem to be
as follows.
The Standard Oil Company, or the
leading indi ividual members of that
corporation, are moving toward the
establishment of daily morni ng news
great newspaper, with a very large
staff of the very best men that money
can command One feature which seem 8
to be definitely settled and for which
there is much circumstantial evil
dence, is that 1t will employ q larger
staff of special correspondents all
over the country of any news
paper in the United States. 1t
is quite possible that in this way it
will be independent of the services of
the regularly organized press associa-
tions. 1t will be in readiness TO start
about the last of September and may
quite possibly utilize the present
World" Building and plant as soon as
the "World" moves into its new build
ing. Will 1t be a success With the
sbrewd managers of the Standard Oil
Trust and billion dollars back of it ?
The billion dollars is all right, but
with the Standard Oil Trust in tho
newspaper business the result remains
to be seen. ALLAN FoRxAN.