The Press: Hearst Papers Do Well

Even by the conservative financial element to whom Hearst papers are usually anathema, the active part taken by these journals (in Manhattan) in running down bucketshops has been very generally commended. With most New York papers, the bucketshops (TIME, June 18) furnished merely a nine days’ wonder. But the Hearst papers refused to abandon the trail—they forced public officials to take action on several occasions, were fearless in revealing the curious political alliances which some of the most notorious bucketshops (especially E. M. Fuller & Co.) possessed. If any single papers deserve public recognition for compelling the exposure and punishment of security swindling, the New York American and the New York Evening Journal are clearly entitled to it.