The Press: The Journal's Daily Dividend

By traditional definition, a "leader" is an editorial, and in Britain that is still what it means. For the past 25 years, Wall Street Journal readers have become accustomed to a different meaning. A leader is the name put by Journal staffers to the long, well-researched general news stories that heighten and enliven the paper's regular diet of business news.

Last week Journal leaders reported that Mormon Apostle Ezra Taft Benson has been trying to push his church into an ultraconservative political stance; that the Federal Government has be come disenchanted with de facto segregated neighborhood schools, is now subtly pushing such...

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