The herald and news. [volume] (Newberry S.C.) 1903-1937, 1910-10-11
NEW MORNING PAPER.
NeSsrs. koester and Robinson the Pc.
titioners-KOester Issues State
ment.
The Record.

The Record.
The following statement with re-
gard to the proposed establishment of
a new morning paper in Columbia was
given out Friday by Mr.. George R.
Koester, representing those interested
in the project:
"a commission was issued today by
the secretary Of state to George R.
Koester and D. W. Robinson, author
izing them to organize corporation
to be known as the News Publishing
company, for the purpose of publish
| ing a daily morning newspaper at Co.
| lumbia."
In regard to the proposed new pa
per, Mr.. Koester said today:
"'This is the first authoritative
statement as to the new paper that
has been given out. Much idle gossip
and rumor has been published and
circulated in regard thereto. An er-
roneous impression has gone out
among some that the new paper is to
be an organ of the incoming bugerna-
torial administration. Nothing is fur
ther from the purposes and intention
of those connected with the new pa
per- It is to be essentially news
paper, will be owned and controlled
by business men in all sections Of
South Carolina, without regard to po-
litical associations or affiliations, men
who believe there is wide field in
this State for a morning paper pub
lished at Columbia, which will give
news as it is, uncolored by prejudices
or bias, and whose editorials will be
devoted to temperate discussions of
measures, principles and policies,
without degenerating into bitter per-
sonalities.
"tThe demand for such a paper is
strong, not only in this city, but all
over the State Because of my ex-
perience in organizing aid managing
newspapers, number of those who
desire the opening of a new paper
have naturally sought my services. I
have agreed to take charge of the
movement, upon condition that the
new paper should be created and Or
ganized in such way as to make its
use for personal, petty, vengeful ends
impossible; but will leave open its
columns for fair and candid and
temperate presentation of political is
sues and public men; giving a square
deal to all. There is field for such
newspaper; and if it fills that field
satisfactorily, it's success will be as
sured.
1.-The commission granted today au-
thorizes the formation Of a company
with s5O,OO0.OO capital stock. This
sum was named because it had prac-
tically all been subscribed, and the
corporation can be Immediately form
Ell and proceed to purchase its plant,
organize it's staff, and make the neces-
sary contracts and arrangements for
starting the publication Of paper not
later than January 1, next, which is
considered important. But large in
crease of the capital stock, sufficient
to put the new newspaper on sound
financial basis, will be applied for i'm
madiately after the organization, and
assurances from many sections of the
State have been received that this ad-
ditional capital will promptly be sub
scribed.
"'Mr. Robinson and myself are but
the representatives of business men
who will appear at the organization of
the company. The plan in brief is to
place the control of the newspaper for
term of years in the hands of nine
representative men of the State, who
will be under pledge to make the pa
per adhere to the course mapped oul
adove. No person who is the occu-
pant of political office or candi-
date for a political office can be a
member of this board of control, and
the mere announcement OF candidacy
for political office by any member of
the board will ipso facto vacate his
position on the board