The "free press" : $b portrait of a monopolyMarion, George
History
The "free press" : $b portrait of a monopoly
Marion, George
Press -- United States
There is no doubt that the Constitution of the United States formally
guarantees to anyone the right to publish a newspaper in our country.
The law is just and equal, forbidding unemployed worker and millionaire
alike to sleep on park benches, guaranteeing either the freedom to buy
or establish the huge enterprise called a newspaper. But where does
Mr. Atkinson think a working man can obtain the _means_ to publish and
widely circulate a daily newspaper?
The entire labor movement has been unable to maintain a single daily
newspaper comparable in physical facilities and size of circulation to
the average privately-owned newspaper. Publication of a daily requires
a starting sum beyond the present reach of working people. Oswald
Garrison Villard, proud of his family’s 125 years in the publishing
field, says that “no one would dream of starting a metropolitan
newspaper with less than ten or even fifteen millions in the bank.”
The newest modern presses alone run into the millions. The physical
plant of the _New York Daily News_, occupied in 1930, was then worth
$10,000,000. A few bad years while a paper is getting on its feet may
cost millions more.
Ask Marshall Field
Enough capital to start a paper is only the beginning. Marshall Field,
who inherited $164,000,000, found that all his millions could buy him
only a curiously limited area of press freedom. His _Chicago Sun_, set
up to combat the ultra-reactionary _Chicago Tribune_, had to fight
for its very life--all the way to the U.S. Supreme Court. Field’s
conclusion as the result of his own experience is that it is easier to
buy an established daily newspaper than to launch a new one.
Do you want to buy a newspaper? There is probably not a daily in
America that can be bought for less than $2,000,000! The _Philadelphia
Inquirer_ was sold in 1930 for a reported $18,000,000. The _New York
Times_ has no price. It boasted a gross annual business of $20,000,000
as much as twenty-five years ago. Since then, the bulk of its
constantly mounting profits has been ploughed back into the business
year after year until the paper, considered purely as a business,
represents a fabulous investment. Naturally, money will not buy it.
Very well, you can’t buy a paper. Try to establish a new one. Field
found out what that meant. The local news-gathering service, in
Chicago, was barred to him. He had to set up his own reportorial staff
on a scale to overcome this handicap. But for national and worldwide
news, no such solution was possible. Not even _his_ fortune could
finance an adequate global news service.
Public-domain text, read in full here on John Shaqi.
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