The Press: Morgenthau to Gannett

Frank Ernest Gannett, chubby, full-faced publisher cf the third largest chain of U. S. dailies,† last week bought his first magazine. It was The American Agriculturist, oldest (92 years) farm publication in the U. S. The seller was Henry Morgenthau Jr., Secretary of the Treasury and gentleman farmer in Dutchess County, N. Y. Secretary Morgenthau sold not because he had lost interest in a sheet he had issued twice a month from Poughkeepsie for the past twelve years but because an old Federal Law prohibits the Secretary of Treasury from holding a majority...

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