Word: annenberg
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...Annenberg's total take from tipster sheets, racing wire services, pulp magazines and the Philadelphia Inquirer has made him probably the richest publisher in the U. S. Beginning as a Chicago newsboy, he worked into the circulation department of the Hearstpapers, became circulation manager of the old Examiner in 1904. The strong-arm tactics used in Chicago's circulation wars gave Moe Annenberg and his older brother Max (now circulation director of the New York Daily News) a reputation that has dogged them throughout their careers. Moe went from Chicago to Milwaukee, from Milwaukee to New York, where...
With his income from racing tipster sheets and a national leased wire service that furnished odds and payoff prices, Moe Annenberg branched out. He began publishing Radio Guide, Screen Guide, Official Detective Stories, Click. Three years ago he bought the respectable old Inquirer, and since then he has shown more & more reticence about his activities on the other side of the tracks. He has played the public-spirited publisher in Philadelphia by declaring the Inquirer's political independence, the honest-minded publisher by printing the news of his tax troubles on the front page...
...ANNENBERG INDICTED...
...column carried the United Press story of his indictment, the other column an Associated Press story of the Annenberg reaction to the indictment. Excerpts...
...have complete confidence in our courts. . . . I ask only that the public reserve judgment until all of the facts are known. . . . I regret keenly that the Government has found it necessary to place the blot of an indictment on the name of my son, Walter [indicted with two other Annenberg officials on charges of aiding and abetting the alleged evasion...