Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-26
BLOCK W|THDRAWS
OFFER FOR WORLD
Employees Plan to Buy
Paper Given as One Reason
for Publishers Action.
Continued From First Page.)

Continued From First Page.)
! trustees of the Pulitzer estate, that he
Is withdrawing from the situation"
Gustave A. Rogers, counsel for the
World employees, announced when he
heard of~.Mr. Blocks withdrawal that
it was 1.-The result of an agreement be-
tween Mr.. Howard and Mr. Block" In
these negotiations, he said, Mr.. Block
represented William Randolph Hearst
The agreement is" Mr.. Rogers state
ment said. that the Morning and Sun
day World and the Morning Worlds
Associated Press membership will go to
Mr.. Hearst. The Evening World will
go to Mr.. Howard to be merged with the
Evening Telegram
Despite the withdrawal of Mr.. Block
the World employees will go right ahead
with their plan to buy the papers. We
are convinced that we will be able to
submit to the surrogate a better Offer
than Mr.. Towards.
After all, Mr.. Towards offer is only
$3,000000, although it has been reported
as $5,000,000 The extra $4,000, 900 Is
to come from profits after 1912, If there
are any,
Mr.. Rogers declared he had been KEEP,
informed about the progress of the nego-
tlations, which, he said, had been car
r1ed on between Mr.. Block and Mr.
Howard but he declined to make public
the source of his information.
Block Denies Allegations.
Mr.. Block denied he had in any way
represented Mr.. Hearst In negotiations
for the newspapers. He denied also
that he had talked with Mr.. Howard
about dividing the Worlds between Mr.
Hearst and Mr.. Howard
About nr iOh he
Mr.. Block said, Il had a meeting with
Herbert and Joseph Pulitzer, who at
that time we're trying to sell me the
Morning and Sunday World. l was
not interested unless the Evening World
also was included, so the negotiations
fell through
About week ago when I was in
the West received word that all three
OF the newspapers were to be sold and
l telephoned my attorney, Max Steuer,
to make bid for me. When returned
TO the city Wednesday afternoon and
found that my friend of many years
standing, Roy Howard, had virtually
closed a deal with the trustees, and
when ! further found that the former
employees of the World newspapers were
making an effort to purchase them, 1
did not want to stand in the way of
either OF these parties. So l have with
drawn"
Mr. Howard also denied there had
been any agreement with Mr.. Block.
Mr.. Rogers must have been misin-
formed" he said. There is no founda-
ton for such a statement. We have no
agreement whatever with Mr. Block"
J. F. Bresnahan. business manager
of the World, announced today two
groups Of Wall Street financial inter-
estS had voluntarily come forward with
the statement that they would be glad
to investigate the employees proposal
to take over the papers. The investiga-
ton, Mr.. BreSnahan explained, would be
made with the view of lending financial
support.
1t was reported that Frank E. Gam
nett, Of the Gannett newspapers, had
sent word from Florida to members of
his organization here, directing that a
binder be posted with the trustees. Ac-
cording to this rumor Mr. Gannett was
willing to exceed the Scripps- Howard
offer.
Employees of the papers, number
ing 1887, were themselves making
news today in a militant resolve that
the three Worlds should net come to
an end and that the will of Joseph
Pulitzer debating their perpetuity
should be respected
In an enthusiastic meeting at the
Hotel Aston last evening. the employees
formed in organization to be Known
tentatively as the World Employees Co.
operative Association.
James w. Barrett. city editor of the
World, was elected president. A reSo-
luton appealing for public support OF
their Efforts was adopted and pledges
totaling. nearly $675,o00 we're an
nounced.