The Press: Sale of the Times-Herald

The Washington Post (circ. 201,645) and Washington Times-Herald (253,532) were about as unlike as two metropolitan dailies could be: the Post is internationalist and often New Dealish, although it backed Eisenhower; the Times-Herald was isolationist and archconservative, bore unhappily with Ike. But last week the two papers came to complete agreement on one of the biggest newspaper deals in U.S. history. For $8,500,000 the Post's Board Chairman Eugene Meyer, 78, bought the ailing (estimated $500,000 loss last year) Times-Herald from its ailing publisher, Colonel Robert R. (Chicago Tribune) McCormick, 73. The purchase...

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