To most newspaper readers Press Wireless Inc. was not even a name before last week. Yet most of the news that flows in & out of the U.S. moves via "PreWi" (rhymes with peewee), a highly mechanized common carrier that calls itself "copy boy for the press of the world." PreWi was organized by a syndicate of newspapers 17 years ago, in protest against the oldline cable companies, whose stiff rates and habit of sidetracking low-rate press dispatches had annoyed publishers in World War I. PreWi now also carries radio-photos and voice broadcasts, had...
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