The Press: Meyer's Post

When the Democratic Party lost the 1928 Presidential election, John Jacob Raskob financed and Charles Michelson directed from Washington a resourceful propaganda bureau which was largely responsible for keeping the blood of life flowing through the palsied Democracy, had not a little to do with the election of Franklin Delano Roosevelt in 1932. With this knowledge in mind, many an observer guessed that one or both major political parties would be bidding when the Washington Post, once the capital's most influential morning paper, was auctioned at a receiver's sale fortnight ago (TIME....

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!