Evening journal., 1912-11-16
NEW NEWS OF YESTERDAY
The Chance Meeting That
Led to the Founding Of a
Famous Newspaper
Rr HOLLAND.

BY Holland.
One afternoon in the winter of 1880
1 was walking with General James
w Hustled, who for many years had
served as a member Of the New York
legislature, from the New York
state Capitol down State street to-
ward the principal business street of
the city of Albany Suddenly, Gener-
al Hustled stopped and, sezing me by
the arm, held me back.
There" said he, as he pointed to
O. small building "That is the place
where the New York Times news
paper was conceived.
1T was one of the curious freaks
of destiny" General Hustled con-
tinued, which brought together
Henry J. Raymond, who afterward
became famous as the editor of the
Times. and George Jones, who be-
came in newspaper circles equally
famous as the publisher of that news
paper.
MY Raymond was educated in the
state of Vermont He established
good many friendships in his school
and college days in that state. After
he was graduated from college he
went to New York just about the
time that Horace Greeley established
the New York Tribune. Greeley en-
ployed Raymond as an assistant
editor. Some years later Mr.. Ray
mond became one of the associate
editors of the Courier and Inquirer,
which was owned and edited by
General James Watson Webb who
then was the closest political and
personal friend William III. Seward
had in New York City
while connected with the Courier
and Inquirer, Mr.. Raymond was ac
customed to 90 to Albany frequently
when the legislature was in session.
About a year before the New York
Times was founded Mr. Raymond was
in Albany and, happening to meet a
friend upon the street, he asked this
friend where he could get Vermont
state banknote which he had in his
possession redeemed or exchanged
for current funds.
Most any of the banks will do
that for you, the friend replied, but
there is a man who has a little news
Office close by who makes a business
of buying deprecated money and
who is also. ] believe, authorized to
redeem at face value, subject to a
slight commission, Vermont state
} notes
"Mr Raymond thereupon went to
this news office. The Vermont state
banknote was instantly redeemed by
the proprietor of the little place, who
, charged only a small commission.
when the transaction was COM
pleted Mr. Raymond asked the pro-
prietor how he happened to be a re-
demption agent for the state of YER
monts bank notes. The reply was
: that he was a native Of Vermont and
! had many friends in that state
! through whose influence he had Sc
cured the right to redeem Vermont
bank notes. This led to further con-
2 versation between the two men, and
o. the proprietor of the news booth
+ learned that Mr.. Raymnd was a son
: of Vermont, also. SO far as his edu-
cation was concerned.
o. "The acquaintance which was thus
J begun by mere accident was main
, tanned. Every time Mr. Raymond
, went to Albany he called upon his
news dealer and exchange banker
WIN was MOAt hAANA IMAM 0ARA 81
Jones himself They became very
q intimate. Each discovered in the
other qualities which he himself
lacked Mr.. Jones recognized in Mr.
Raymond great journalistic gifts
+ while Mr. Raymond. on the other
4 hand, learned greatly to admire the
j. business Judgment as we'll as tn,
= business integrity and energy whicl
were characteristic Of George Jones
e who was self taught, because he wa
y a farmers boy i'm Vermont
Y "It occurred 10 both the men a
/, about the same time If they wert
" TO confine their peculiar or specia
qualifications and could find thl
small amount Of money needed fo
II establishing a newspaper, they nigh
h undertake to start a new newspape
/, in New York city with REASONABLE
u hone of success They went out Il
It walk one afternon and talked tn
J. whole project over. The result Wa
2 that they decided upon the venture
:, Mr Jones had some money and IA
= had great business capacity. Wha
ID Mr.. Raymond's qualities as a journa
list were don't need to tell yoI
Their venture was successful froI
q the start although Mr.. Raymond die
in 1869. too early 20 gain at least tn
y financial rewards which the late
l. prosperity OF the newspape
le brought"
ie Copyright. 1912. by e. ]. Edward
st All rights reserved)
on Monday Mr. Edwards will te
Of James G. Blaine on Religion
Tolerance"
~ MORE NEW ODD FELLOWS.
80 Delaware Lodge OF Odd Felloy
90 no