Evening capital and Maryland gazette., 1912-09-18
MUNSEY BUYS PRESS"
FOR ROOSEVELT ORGAN
Purchase Completes Chain Of Five
Newspapers in Eastern Cities.
OWNER OUTLINES POLICY.
Says Roosevelt Can be Elected and
Taft Can't. So He's for the
Colonel.

The New York Press makes the
announcement that Henry L. Einstein,
sole owner of the paper since 1895,
has sold il to Frank A. Munsey. The
paper in future will support the Pro-
gressive party and national and state
tickets.
The purchase is the result of an at
tempt on the part of the Progressive
party to get control of a morning
newspaper in New York. Ii had an
evening paper, the Evening Mail, but
in order to reach morning readers,
too. Mr.. Munsey has bought the
Press.
Mr.. Einstein's announcement of the
sale is brief. He says that many at
tempts have been made to buy the
paper, but that he wouldn't sell until
he was sure that the purchaser would
not be repugnant to present readers
Of the Press. Mr.. Munsey makes
statement in its morning edition
which reads in part as follows:
81 have bought the Press because
want it. 1t completes my chain of
newspapers covering the five big cit
les of the East, Boston, New York,
Philadelphia, Baltimore and Washing
ton On several occasions have tried
to buy the Press, but always without
success until now.
my purpose is to make the Press
a complete newspaper, large enough
to cover all news worth while, a
newspaper that shall be clean, honest
and fearless; newspaper so writ
ten and so condensed that the busy
man can read it and have time for
something else.
1.-THE Press recognized ia the in
ception of the present political fight
that President raft's candidacy for
denomination was a mistake an in
sistently maintained that if nominated
he coud not be elected
"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 tariff that
protects the American wage against
the cheap wage abroad-the continu-
alton of a tariff that makes it pos
sible for our industries to compete
with foreign industries ana that pro-
tects our markets from the onslaught
of foreign invasion.
''The Press, therefore, und ar my
ownership, will stand for American
prosperity AMI American industries
which, after all, are the bread and
butter issues of the campaign. These
will be safe in the hands of Roose-
velt as they would be in the hands of
Taft as safe in the Progressive party
as in the Republican.
A tariff that will safely cover the
difference between the cost of pro-
duction abroad and at home and will
nply protect our markets from for
eign invasion is a high enough tariff.
A tariff in excess of this is too
high and should be reduced.
1.-THE Press will stand for this view
of the tariff as il will stand for the
protection of the American wage
against the cheap wage of Europe, as
it will stand for Industrial evolution
and social justice. 1t will, too, con-
tend for and fight for whatever makes
for genuine progress and genuine bet
terment of life among our people"
MIR. Munsey says that the present
staff of the paper will remain the
same, with Mr. Erwin Wardman in
charge. The Press has always been
stanch Republican paper and has
attacked both the Progressive ma
tional and the Progressive State can
didates with zeal