The period ended with the advent of the penny press, in New York, in 1833. The initial experiment in this line was made by H. D. Shepard with his “Morning Post,” and it proved a failure in the short period of three weeks. The next was “The Daily Sun,” September 23, 1833, claiming to be “written, edited, set up, and worked off” by Benjamin Franklin Day. It remained a penny paper for a long time and attained a large circulation. It was reorganized in 1867, when Charles A. Dana became its editor. Though the price was put up to two cents, it became under his control one of the most potential news and political factors of the century, and attained a circulation of over 100,000 copies daily. In May, 1835, James Gordon Bennett followed in the tracks of Day with “The New York Herald.” Its sprightly news columns and fantastic advertisements commended it to popular favor, and proved a source of great profit. It has since greatly varied its prices; but by dint of stupendous, if peculiar, enterprise, it has grown into enormous circulation, and become a property worth millions. In 1841, Horace Greeley started “The New York Tribune,” at first as a penny paper, though on an elevated plane. It soon grew into popular favor, and with its weekly and semi-weekly editions for country circulation became one of the most widely circulated and influential journals in the country. “The New York Times” also began as a penny paper in 1851, under the control of Henry J. Raymond. [Illustration: JOSEPH MEDILL. “Chicago Tribune.”]