Newspapers: Last Blood from a Pale Stone

Twice in the past four years, strikes have shut down and crippled New York newspapers. Last week another strike seemed certain. And this time the stakes were higher than ever. The newly formed World Journal Tribune, Inc., comprising three merged dailies, was in danger of capsizing just as it was being launched. And one of its members, the Herald Tribune, was in danger of going under for good.

The publishers had set April 25 as the date for the appearance of the new afternoon paper, the World Journal, but adamant labor unions caused them to postpone their plans indefinitely. Though...

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