Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-10-18
WASHINGTON MAN
BUYS THE TRIBUNE.
Organ of Repubicanism Passes Into the
Hands of W. c. MacBride Messrs.
Lannan and Goodwin Retire.

The Salt Lake Tribune surprised It's
readers very much this morning by an
nouncing that with that issue "lts
stock. good viii. franchises, machinery
nlant and all its appurtenanees
passed from the control OF its former
owners into the hands of a new man
agement.
Not one word, however, was said as
10 who the purchaser or purchasers are
or what the consideration was. NO
narticulars of the transaction were
forthcoming Nor was anything sald
with reference 70 the papers politics IN
the future. beyond the fact that 1t eX-
meets TO increase It's efforts under the
new management In bidding for pubic
favor and patronage, and added, the
chapee has come. Il Is immediate ana
radical"
Naturally such an announcement
created no little speculation on the part
OF the public as to who the new owners
are and the policy they are 70 pursue
The names of various capitalists, both
local and outside were quickly assoc
ciated with the transfer of the proper
Nv First among these was Senator
Kearns, though Perry S. Heath secre-
tary Of the Republican national com
mittee, was mentioned as was also SEN
ator w. A. Clark who recently bought
\ The Salt Lake Herald.
The transaction was conducted very
quietly and not a word concerning II
was publicly known until the Tribune
made the announcement this morning
that is above referred to. The News
at once instituted diligent inquiries ana
soon ascertained that the purchase had
been made by and in the name Of w I.
MacBrlie a former Washington news
paperman.. who for years was press
representative al the national capital
for the Cincinnati Inquirer, owned ana
published by John r Mclean The
purchase price is said to approximate
very closely around s250,o0O though none
OF the principals in the deal would af-
Arm or deny the correctness Of this fig
ure. A friend Of Mr. p II Lannan
who owned and controlled the policy Of
tht Tribune said:
81 do not know just what the figure
"a, but this do know. Mr. Lannan -
tires with a good fortune, He Is out
OF the newspaper business al
together He viii spend the re-
mainder OF his days IN peace and
quietude As to Judge Goodwin, who
has so long been the editor of the Tn
hume. he also, | understand, retires per-
manently from journalistic life. lie
was not recently financially Interested
In the Paper but ! learn that Mr.. Lam
nan has done much more than the
handsome thing for him In the part !
Ing that has now come to them IN the
disposition Of the property
DEAL CLOSED LAST EVENING.
Judge o. W. Powers. who has been I
counsel for the Tribune for years. drew |
the transfer document When seen to- /
day he said he knew nothing as 20 the /
dIIlOuDl HtlAh WI AtAN INf'As AAf NlhiS
knew that ID was a strictly cash trans |
action, and that the amount passed |
through Wells Fargo's bank last night |
Negotiations were concluded at $50 |
O'Clock. and that the transaction em- |
braced the Tribune with all that per- |
tanned thereunto, exclusive OF the |
building and ground upon which the
plant stands.
MIR. LANNAN TALKS.
A News man saw Mr.. Lannan at
bis residence soon after breakfast this
morning. He was somewhat reluctant
70 give details but said:
"Yes. the Tribune has been sold.'
"OutrlghtY
ayes. outright"
"And you are now out OF the news
paper business
II am out Of the newspaper business
for good and ALL"
you will not start your proposed
evening Paper, them"
II will not: | tell you ! am out Of
the publishing business from this time
on"
"what about the Associated Press
franchise for the proposed evening
paper?"
THAT has gone with the Tribune to-
eether with everything else that per-
tains unto II except the building IN
which the paper Is printed and the
ground upon which II stands. The new
owners have lease Of the building and
grounds for five years TO come What
they will do after that ] do not know
''Nyho Is the purchaser Mr. LannanY'
"He is Mr. w. c. MacBride, a Wash
ington newspaper man OF wide expert.
cnce who represented the Cincinnati
INQUIRER for many years. do not
know who Is back Of him. ! do not
know that there Is anyone. Personally
am Of the opinion that the men whose
names have been associated locally 1
with his. are not behind him"
''Who are these meny'
THAT I do not care TO state"
what will be the policy OF the pa
PERI"
1T will be Republican-that much !
know-ylgorously Republican"
TT Is stated Mr.. Lannan, that you
sold auickly-that is, that the. deal
was contaminated In very short order
yesterday afternoon7'
yes and move closed the matter
up IN short order when we got together,
though the matter has been hanging
fre for az least ten months. AZ that
time Mr.. MacBride named a figure and
I said no no After that he named
other figures and ] said no Then he
came To salt Lake four weeks ago and
I told him I was ready to talk. He =