The Washington times., 1912-09-16
NEW YORK PRESS
NOW OWNED BY
FRANK A. MUNSEY
Another Daily Added to
His Chain of Pub
lications.
Continued from First Page.)

(Conunued from First Page.)
over. It persistently opposed the nomi-
nation Of either Taft or Roosevelt. But
we now have both, 80 we are confronted
with a condition, not q theory.
Ny advocacy of Mr.. Roosevelt in the
campaign for nomination was not in
the interest of Mr.. Roosevelt himself,
poses Of tbe RepSS,sae se ses sae
party continued in force, and that this
might be done meant that we must have
q candidate, who could be elected.
With hundred millions of human
souls In this country Of ours to care
ior, the controlling forces of our ma
uonal Government should not be Sc
lected with regard to personal prefer
job, and with regard to policies that
make for industrial progress and the
square deal to all. 49,.
This is two-party fight, make no
Rsaake Roossvs,t about anS Iaan thisa Eht between
chance whatever to win, the case would
be entirely different. But since his
election is an impossibility, as the
ress foreshadowed year ago. since
IL is probable that he cannot carry so
much as single State in the Union,
the problem narrows down to a choice
between Roosevelt and Wilson-Roose-
Welt, who stands for the economic. poll
cies for which this paper has always
stood, and Wilson, who stands for
economic policies against which this
paper has always fought.
For Tariff That Protects.
The logical and honest thing, then,
for this newspaper to do. under the
conditions in which we find ourselves, Is
to support Roosevelt, who can be
elected and whose election would mean
the continuation of a tariff that protects
the American wage against the cheap
wage abroad-the continuation of
tariff that makes 1t possible for our in
dustrtes to compete with foreign indus
tries and that protects our markets
The Press, therefore, under my owner
ship, will stand for American prosperity
and American industries which, after
all, are the bread and butter issues OF
the hands of Roosevelt as they would in
the hands Of Taft-as safe in the Pro-
gressive party as in the Republican.
A tariff that will safely cover the
difference between the cost of produc-
ton abroad and at home and will am
ply protect our markets from foreign
invasion is a high enough tariff. A
tariff in excess of this Is too high. and
should be reduced.
The Press will stand for this view
Of the tariff as 1t will stand for the
protection of the American wage against
the cheap wage of Europe, as it will
stand for industrial evolution and So
cial Justice. 1t will, too, contend for
and fight for whatever makes for genu-
inc progress and genuine betterment Of
life among all our people.
FRANK A. MUNSEY.
Former Owners Statement.
Henry L. Einstein, for nearly eight
cen years owner OF the Press. also
makes a personal statement in con-
nection With the transfer 7of the prop
erty. He says: ~, ,.,
To the Readers of the New York Press:
This newspaper. os which I have been
the sole owner since February, 1895,
have sold and transferred to Mr.. Frank
A. Munsey. under whose ownership and
direction 1t is issued today.
To the large number of readers Of
the New York Press. embraced in a
circulation of some 100000, wish to
state that various efforts have been
made to acquire this newspaper from
me, but that l have always refused
to consider the purchase of the prop
erty by any interest or individual that
I thought might be repugnant to the
readers of the Press.
Mr.. Munsey, who now owns and has
taken full charge of the Press, is a
publisher of large experience and sue
cess. His magazines are known all
newspapers in Boston. Philadelphia.
dition of the Press in New York gives
Mr.. Munsey a closely linked federation
of newspapers In all the great cities
Of the Atlantic seaboard from Boston
to the National Capital.
HENRY L. EINSTEIN.