The Press: 100 for Reuters

With the release of 100 homing pigeons from its London headquarters and a banquet for more than 1,000 notables, Reuters' news service last week celebrated its 100th anniversary. Since Founder Paul Julius Reuter started the service by using pigeons to carry financial news on the continent, Reuters has grown to be the world's second largest news service (biggest: Associated Press), with more than 3,200 newspaper clients and 2,000 staffers and stringers around the world.

In the early days of Reuters, the foreign correspondence of most newspapers consisted of letters sent by ship, so Reuters had no competition in Britain when it set...

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