Word: dispatch
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Dates: during 1920-1929
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Early in December, 1878, Pulitzer paid $2,500 down for the teetering St. Louis Dispatch, which consisted of a patched-up press and an Associated Press franchise; and the first edition of the revitalized paper appeared on Dec. 12. Five years later it was showing a net income of $85,000, enabling Mr. Pulitzer to buy his other famed property, the New York World...
Celebrating its 50th anniversary last week, with an edition extraordinary, the Post-Dispatch pointed with pride to 50 years of championing. Among other achievements, the Post-Dispatch was one of the few papers in the country which was not deceived by the premature report of the Armistice ten years ago, and while the city went wild stood steadfastly by its guns...
...Dispatch. Young Joseph Pulitzer was a familiar figure in St. Louis, and somewhat alarming, when he founded the Post-Dispatch. Born in Mako, Hungary, in 1847, of a Jewish father and a Catholic mother, he came to the U. S. to enlist in the Union cavalry during the Civil War. When the war was over he found life difficult, and eventually put in practice the advice of an editor somewhat less famed than he himself was to become: Greeley, with his "Go West...
...when the Dispatch was knocked down at a sheriff's sale on the courthouse steps to the highest bidder, Pulitzer had $2,500 to pay for it, $2,700 to run it. He bought. Three hundred dollars of his capital he reserved against the expenses of the forthcoming birth of his eldest child. With the rest, he made newspaper history...
...will Pulitzer left extraordinary benefactions, most of them secret. Among them was a provision setting aside a percentage of the total net revenue of both the World and the Post-Dispatch, to be divided annually between a certain few executives, in addition to their salaries...