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1851-1921 By Elmer Davis Originally published 1921 |
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the news wherever it happened and about as soon as it happened, and to present it to the public with some appreciation of its relative importance and interest.
A business connection which has already been mentioned deserves somewhat more detailed notice here, for in the earlier years of this period it proved of considerable value. This was the "alliance for mutual interest and advantage" with The London Times, begun on September 2, 1901. No doubt this alliance has been the pretext - it could hardly be called the excuse - for much of the belief that The New York Times is owned or controlled by Lord Northcliffe. In fact, it was precisely what it was called at the time, an alliance for mutual benefit. The alliance consisted only of this - that The New York Times bought the full rights for publication in North America of The London Times news service, The London Times receiving reciprocal rights to The New York Times news service for publication in England. It was an arrangement of the same general character as those which the paper now maintains with The London Daily Chronicle, the Paris Matin and The Chicago Tribune. To suppose that it involves ownership of The New York Times in England is very much the same as saying that a man is owned by the restaurant where he occasionally dines.
As for Lord Northcliffe, a genius in newspaper making, he had nothing to do with The London Times when this contract was concluded. That paper was then owned by the Walter family, and managed by the Walters and Moberly Bell. The arrangement was
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