Press: Morning Monopoly

This week Toronto joined the list of major cities in which there is but one morning daily newspaper.* Last month, the 92-year-old morning Globe, property of the rich and religious Jaffray family was sold for a reported $500,000 to two extraordinary characters: wealthy old William Henry Wright, mining promoter who went to War as a "millionaire private," and his financial adviser, a 31-year-old ex-stockbroker named C. George McCullagh.

Pious Publisher William Gladstone Jaffray had permitted no racing news, movie gossip or tobacco advertising to get into his paper, gave his readers a weekly Wednesday...

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