The Press: Editor v. Publisher

As publisher of both the morning Winston-Salem (N.C.) Journal (circ. 49,048) and the afternoon Twin City Sentinel (circ. 33,205), Secretary of the Army Gordon Gray has a newspaper monopoly—and it worries him. Back in 1937 when he was 29 and a millionaire tobacco heir, Gray and a syndicate of big businessmen wanted to start a newspaper to compete with the Journal and Sentinel monopoly. He ended up buying the two papers for more than $1,000,000 when the owner threw in the towel. Gray still wishes Winston-Salem (pop. 90,000) could afford two independent papers because "monopoly journalism is inherently bad . ....

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