Any big, successful paper that is losing circulation is bound to be rumored up for sale. Colonel Robert R. McCormick's big, successful Chicago Tribune has lost almost 20% of its circulation since 1946 (latest figure: 877,636), and the inevitable rumors have been circulating. One had it that Publisher John Knight, whose string of papers stretches from Florida (Miami Herald) to McCormick's own Chicagoland (Daily News), was dickering to buy the Trib. Last week, in answer to a reader's question, the Trib flatly denied the rumors. Said an editorial:
"The Tribune is not for sale. This in formation will be a disappointment to...
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