It takes more than a gleam in a publisher's eye to create a new Metropolitan newspaper. Since 1895 only three big dailies have been born in Manhattan. All three were tabloid children of rich men, who could afford to spend millions nursing them to maturity. One (Bernarr Macfadden's Evening Graphic) died a-weaning. Two survive: Joseph Medill Patterson's Daily News, William Randolph Hearst's Daily Mirror.
Two years ago a tall, bald, shambling magazine editor, Ralph McAllister Ingersoll, got a yen to enter that select company. What he had in mind was a new kind of...
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