Though it traces its descent back almost 100 years to William ("Parson") Brown-low's famed Tennessee Whig, the Knoxville Journal has had a stormy career. A Republican sheet in Republican East Tennessee, the Journal had its politics spectacularly reversed overnight when swashbuckling Democratic Promoters Luke Lea & Rogers Clark ("Bank on the South") Caldwell bought the paper in 1928. With the collapse of Caldwell's Southern banking and publishing empire (TIME, Nov. 24, 1930), the Journal regained its Republican editorial policy, limped along under the jury-rig of a receivership, with able General Manager Robert...
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