In 1932 George W. Spayth scrapped a career as an editorial and features cartoonist (Milwaukee News, Washington Times, Houston Chronicle), borrowed $1,500 on an insurance policy, and started a weekly in Dunellen, N.J. With a fancy for hard work and a flair for the outlandish, Publisher Spayth has doggedly built his investment into three small Jersey weeklies and a shopping-news, this year will gross some $80.000.
For his tidy empire, Spayth has no heir apparent. His only son wants to stay in the drug business; his only daughter has a family to raise. Last week, at 66, Spayth was hunting for a...