Press: Milwaukee Plan

One of the most prosperous newspapers in the land is the solid old Milwaukee Journal which made money even during Depression. At her death last February, the 55% of Journal stock Founder Lucius William Nieman left in trust to his widow and his niece, Faye McBeath, was to be sold, not necessarily to the highest bidder, but to the persons "most likely to carry on the Journal tradition."

Mrs. Nieman's own will directed that proceeds of her estate be given to Harvard as a memorial for a favorite nephew The paper's President & Editor Harry Johnston Grant, who already owned 20%...

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