The herald., 1897-04-05
FOR ONCE AND ALL

Gossip, with her hundred tongues, IL
bound to have her say about every trans
action; and it is just as well, probably,
that she has spoken with the whole hun
dred at once in the following, which we
take from our bright contemporary, the
Capital
Our brether6 OF the daily press in Los
Angeles are making a bald faced attempt
to form a newspaper trust. The Herald
and Express are conceded to be very close
to each other, while, if anybody asks you.
you can tell them that our highly esteemed
friend of the Times is not very far off. The
investor merges into the Herald. and Col.
Dobinson will do the financial for that jour-
nal This settles the free silver question
so far as three of the dailies of this city
are concerned and 1t makes the Demo-
Gratis thank heaven no election is in sight.
The City Water company is losing no sleep
over the newspaper situation, SO far as
heard from, and the trust goes merrily on.
The only way to answer such innuen-
does as contained in the foregoing is to
assume that they say what they came
near saying A writer in the San Diego
Union, commenting on certain news
paper changes in this city, put the thing
rather more bluntly, as follows:
OF the two corporations in the deal one
is the Los Angeles Water company, which
has a cinch on the city like that recently
held by the Flume on this city, and the
other is said to be the Los Angeles City
Railway company. The sale of the two
papers is an open secret in Los Angeles.
and the purpose for which they are bought
is equally as well known-to prevent the
city from obtaining its own water works.
Answering for itself. for which only it
is qualified to speak, The Herald wishes
to say that the above is bunch of lies.
These lies being segregated and set
down categorically are answered as fol-
lows:
1-Neither the Los Angeles City Water
company, nor any member of that cor
poration. holds any stock whatever in
The Herald.
2-Neither the Los Angeles Railway
company, nor any owner in that corpo-
ration holds any stock in The Herald.
S-The purpose far which the control
ling interest in The Herald was recently
transferred was not in any way to inter-
fere with the purchase of the water
works by the city of Los Angeles. On
the contrary, The Herald hopes and ex-
poets to see the works purchased and
owned by the city
4-No such thing as a newspaper trust
is in contemplation in Los Angeles, so
far as we are Informed. There is an ar
rangement pending between The Herald
and the Evening Express for co-opera-
tion in the mechanical departments,
solely for the purpose of economy This
was publicly announced at the time Of
the recent transfers. There is no secret
about it. But the two newspapers in
their editorial control are as distinct
and Independent as they ever were.
Finally. there is no Disgusting the fact
that the personal relations between the
conductors OF al four of the daily news
papers of Los Angeles are of friendly
character. They must and will differ es-
sentially on politics and on local issues,
but it may not be necessary for them to
try to tear each others eyes out on that
account. For once it is hoped that news
papers of Los Angeles may drop petty
jealousies and personal animosities and
all work in their several ways for the
good of the community. II this consti-
tutes newspaper trust, why, then, so
be it.; it is a trust of amity and good
fellowship which we hope may last long
time.
Having answered the fiat assertions
quoted and duly branded them as false
hoods and therein having answered the
innuendoes as well. we are done with this
matter for good and all. The scandal
mongers are answered.
THE NEW MORTGAGE LAW
The Shanahan mortgage law passed