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Newspaper Page Text
T ?fi "Jspy-'J'V i r NOON EDITION HOYNE-PULLS HUMAN SCENE IN GRAND JURY ROOM i NOON EDITION TRACTION MESS- MAI, LEAD TO SEVERAL UYLHlimE.NlZ v) Entered as Second-Class Matter April 21, 1914. at the Postoffice at ' m?v TTT TTJ il.. a a -a 1 a -i nA , v, au uuuer uie Act 01 juarcn o, idu, i THE DAY BOOK 4n Adless Daily Newspaper. Daily Except Sunday. N. D. Cochran, sagga Tel. Monroe 353. Editor and Publisher. uggg' By Mail, Except in 500 South Peoria St 398 Chicaeo, $3 a Year. VOL. 3, NO. 199 Chicago. Thursday, May21, 1914 ONE CENT BIG INFLUENCE OF BIG BUSINESS ON CHICAGO MORNING NEWSPAPERS Are Rosenwald, Billings, Shedd and Levy Mayer Back of the Record-Herald Wall Street Journal Says So The Fight In the Morning Field , Is for Advertising. BY N. D. COCHRAN If that story in the Wall Street Journal, as reported by the Examiner, is true, and Billings, Rosenwald, Shedd and Levy Mayer are the financial backers of Keeley and Chapin in the new Record-Herald, then the Record Herald may succeed financially, but it won't get very far as a newspaper of influence outside the circles of Big Business. The trouble is that' the people will know it; and once theyvknow thac Big -Business is back of a newspaper, they will be able to read the news and the editorials between the lines. As the head of Marshall Field & Co., Shedd will be able to hehvthe paper get advertising, but advertising alone won't create influence, with readers.