The Press: Lord Thomson of the Ozarks

Britain's Lord Thomson of Fleet has never laid eyes on the Ozark mountains. But ever on the lookout for profitable little newspapers, Thomson's North American agents cast covetous eyes on the Northwest Arkansas Times (circ. 14,825) of Fayetteville. The daily has been in Senator J. William Fulbright's family since 1913; last week it became Lord Thomson's latest U.S. acquisition. It brought the total of Thomson papers in the U.S. to 56—the largest U.S. chain.

The usual combination of factors caused the Fulbright family to sell: lack of interest on the part of younger members,...