Last week the U. S. press had the distinction of having the Federal Trade Commission inquire into its affairs in a big way. The Commission summoned Archibald Robertson Graustein, president of International Power & Paper Co., which lately, through its subsidiary. International Paper Co., acquired stock in the Boston Herald and Traveler (TIME, April 22), to tell about his company's interest in and potential control of newspapers.
Archibald Robertson Graustein has always been a prodigious person. Son of a German-born Boston milkman, he graduated from grammar school at 11 and entered the...
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