Six years ago, in Manhattan, an ex-United Press correspondent, Herbert Samuel Moore, saw big things ahead for news broadcast by radio. Moore raised $150,000, signed up some 125 radio clients for news by teletype and short wave, started Transradio Press Service.
Nowadays Transradio Press serves some 175 U. S. radio stations and 50-odd U. S. newspapers. It also has 35 Canadian broadcasting outlets. Fortnight ago, in Ottawa's House of Commons, Transport Minister Clarence Howe announced that Canadian Broadcasting Corp. had canceled the licenses of two foreign-owned news agencies : Transradio Press and...