The Press: Knight to Chicago

More than any other city except New York, vigorous, slam-bang Chicago has contributed its newspaper flavor and traditions to U.S. journalism. In the Chicago tradition are bloody circulation wars, roughshod crime reporters, brawling editorial pages, fierce competition in getting and selling the news. Last week a man with a winning streak stepped into what he called this "hardball league." From the estate of the late Frank Knox he bought (for $2,151,537.88 cash) control of the Daily News.

By his purchase of the fourth largest U.S. afternoon paper (circ. 434,938),* trim, balding John...

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