Abstract

Editorial Paragraphs
May 22, 1929 issue

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The article presents information related to business and politics in the United States. Archibald R. Graustein, head of the International Paper and Power Company, declares that his company bought a half interest in the Boston Herald and the Traveler not in order to control their opinions, but to insure an outlet for its paper product. William La Varre and Harold Hall of New York, who recently purchased the Augusta, Georgia, Chronicle, the Columbia, S.C., Record, and the Spartanburg, Herald, and Journal, did so with $870,000 loaned by Mr. Graustein's company. Ruth Hanna McCormick's involuntary announcement of her candidacy for the United States Senate through the publication of a private letter will surprise no one in politics.

See Also:

BUSINESS enterprises -- United States; UNITED States -- Politics & government -- 1929-1933; LA Varre, William; POLITICAL candidates; CONSOLIDATION & merger of corporations; UNITED States
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