The Motley Fool Discussion Boards
Investing/Strategies / Bonds & Fixed Income Investments
|Subject: Re: OT: Man in the White Suit||Date: 2/19/2009 10:23 AM|
|Author: vickifool||Number: 26012 of 35400|
Warning: total side-track
There is no doubt that markets appear and disappear. Once upon a time there weren't really "newspapers" as we think of them. It became an industry in the late 1800's, and (for example) New York City had 20 of them printing a daily edition.
At this time, James Franklin, the printer of the Gazette, was also replaced. Franklin wanted to start his own newspaper despite friends and family telling him that Boston already had enough newspapers (2) and a third could not survive. Despite this, Franklin went ahead and published his own newspaper, the New England Courant on August 19, 1721. It became the fourth newspaper published in America. ....
I was fairly certain that Ben Franklin had published a newspaper, but I didn't realize that he was an early publisher. He ends up being on the masthead when his brother is put in jail for what he printed, and moves away and starts another paper while continuing to be the figurehead for his brother's paper.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|