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m (Text replacement - "Lyndon B. Johnson" to "Lyndon B. Johnson") |
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During the [[Red Summer of 1919]] the Post supported the white mobs and even ran a front-page story which advertised the location at which white servicemen were planning to meet to carry out attacks on black Washingtonians.<ref>{{cite news |last1=Higgins |first1=Abigail |title=Red Summer of 1919: How Black WWI Vets Fought Back Against Racist Mobs |url=https://www.history.com/news/red-summer-1919-riots-chicago-dc-great-migration |newspaper=History |access-date=December 23, 2019 |archive-date=December 22, 2019 |archive-url=https://web.archive.org/web/20191222214506/https://www.history.com/news/red-summer-1919-riots-chicago-dc-great-migration |url-status=live }}</ref> | During the [[Red Summer of 1919]] the Post supported the white mobs and even ran a front-page story which advertised the location at which white servicemen were planning to meet to carry out attacks on black Washingtonians.<ref>{{cite news |last1=Higgins |first1=Abigail |title=Red Summer of 1919: How Black WWI Vets Fought Back Against Racist Mobs |url=https://www.history.com/news/red-summer-1919-riots-chicago-dc-great-migration |newspaper=History |access-date=December 23, 2019 |archive-date=December 22, 2019 |archive-url=https://web.archive.org/web/20191222214506/https://www.history.com/news/red-summer-1919-riots-chicago-dc-great-migration |url-status=live }}</ref> | ||
In 1929, financier [[Eugene Meyer (financier)|Eugene Meyer]], who had run the [[War Finance Corporation|War Finance Corp.]] since | In 1929, financier [[Eugene Meyer (financier)|Eugene Meyer]], who had run the [[War Finance Corporation|War Finance Corp.]] since World War I,<ref>{{cite book|author=Eustace Clarence Mullins|title=Study of The Federal Reserve|url=https://books.google.com/books?id=PozrAgAAQBAJ&q=mullins%20les%20secrets%20de%20la%20r%C3%A9serve%20f%C3%A9d%C3%A9rale&pg=PT14|year=2013|publisher=Simon & Schuster|isbn=978-1-62793-114-4|access-date=September 30, 2020|archive-date=April 16, 2021|archive-url=https://web.archive.org/web/20210416022142/https://books.google.com/books?id=PozrAgAAQBAJ&q=mullins%20les%20secrets%20de%20la%20r%C3%A9serve%20f%C3%A9d%C3%A9rale&pg=PT14|url-status=live}}</ref> secretly made an offer of $5 million for the ''Post,'' but he was rebuffed by Ned McLean.<ref>{{cite book|author=Carol Felsenthal|title=Power, Privilege and the Post: The Katharine Graham Story|url=https://books.google.com/books?id=x0lNDwAAQBAJ&pg=PT48|access-date=September 9, 2018|year=1993|publisher=Seven Stories Press|isbn=978-1-60980-290-5|page=51|archive-date=June 30, 2019|archive-url=https://web.archive.org/web/20190630153652/https://books.google.com/books?id=x0lNDwAAQBAJ|url-status=live}}</ref><ref>{{cite book|author=Chalmers McGeagh Roberts|title=The Washington Post: The First 100 Years|chapter-url=https://books.google.com/books?id=OY61AAAAIAAJ&q=%22In+1929+there+had+been,+in+secret,+a+cash+offer+of+$5+million+from+Eugene+Meyer+but+Ned+had+blocked+that+sale%22&pg=PT146|access-date=September 9, 2018|year=1977|publisher=Houghton Mifflin|isbn=978-0-395-25854-5|page=190|chapter=Headed for Disaster – Ned McLean I|archive-date=October 4, 2022|archive-url=https://web.archive.org/web/20221004065511/https://books.google.com/books?id=OY61AAAAIAAJ&q=%22In+1929+there+had+been,+in+secret,+a+cash+offer+of+$5+million+from+Eugene+Meyer+but+Ned+had+blocked+that+sale%22&pg=PT146|url-status=live}}</ref> On June 1, 1933, Meyer bought the paper at a bankruptcy auction for $825,000 three weeks after stepping down as [[Chairman of the Federal Reserve]]. He had bid anonymously, and was prepared to go up to $2 million, far higher than the other bidders.<ref>{{cite book|author=Carol Felsenthal|title=Power, Privilege and the ''Post'': The Katharine Graham Story|url=https://books.google.com/books?id=x0lNDwAAQBAJ&pg=PT57|access-date=September 9, 2018|year=1993|publisher=Seven Stories Press|isbn=978-1-60980-290-5|page=51|archive-date=March 23, 2019|archive-url=https://web.archive.org/web/20190323125128/https://books.google.com/books?id=x0lNDwAAQBAJ&pg=PT57|url-status=live}}</ref><ref>{{cite book|author=Chalmers McGeagh Roberts|title=The Washington Post: The First 100 Years|url=https://books.google.com/books?id=OY61AAAAIAAJ&q=%22Meyer+had+authorized+him+to+bid+up+to+$2+million%22&pg=PT146|access-date=September 10, 2018|year=1977|publisher=Houghton Mifflin|isbn=978-0-395-25854-5|page=194|archive-date=October 4, 2022|archive-url=https://web.archive.org/web/20221004065511/https://books.google.com/books?id=OY61AAAAIAAJ&q=%22Meyer+had+authorized+him+to+bid+up+to+$2+million%22&pg=PT146|url-status=live}}</ref> These included [[William Randolph Hearst]], who had long hoped to shut down the ailing ''Post'' to benefit his own Washington newspaper presence.<ref>{{cite book|author=Chalmers McGeagh Roberts|title=The Washington Post: The First 100 Years|url=https://books.google.com/books?id=OY61AAAAIAAJ&q=%22Hearst+planned+to+kill+THE+POST+and+thus+give+his+Herald+a+morning+monopoly%22&pg=PT146|access-date=September 10, 2018|year=1977|publisher=Houghton Mifflin|isbn=978-0-395-25854-5|page=190|archive-date=October 4, 2022|archive-url=https://web.archive.org/web/20221004065511/https://books.google.com/books?id=OY61AAAAIAAJ&q=%22Hearst+planned+to+kill+THE+POST+and+thus+give+his+Herald+a+morning+monopoly%22&pg=PT146|url-status=live}}</ref> | ||
The ''Post''{{'s}} health and reputation were restored under Meyer's ownership. In 1946, he was succeeded as publisher by his son-in-law, [[Philip Graham]].<ref>{{cite news |last=Roberts |first=Chalmers M. |date=June 1, 1983 |title=Eugene Meyer Bought Post 50 Years Ago |url=https://www.washingtonpost.com/archive/politics/1983/06/01/eugene-meyer-bought-post-50-years-ago/910a718e-e71f-46bd-9ad7-78ad9e2107b2/ |newspaper=The Washington Post |access-date=April 20, 2017 |archive-date=March 23, 2017 |archive-url=https://web.archive.org/web/20170323234408/https://www.washingtonpost.com/archive/politics/1983/06/01/eugene-meyer-bought-post-50-years-ago/910a718e-e71f-46bd-9ad7-78ad9e2107b2/ |url-status=live }}</ref> Meyer eventually gained the last laugh over Hearst, who had owned the old ''[[Washington Times (1894–1939)|Washington Times]]'' and the ''[[Washington Herald|Herald]]'' before their 1939 merger that formed the ''[[Washington Times-Herald|Times-Herald]].'' This was in turn bought by and merged into the ''Post'' in 1954.<ref>{{cite web |url=http://archives.chicagotribune.com/1954/03/18/page/D6/article/washington-times-herald-sold-by-tribune-company |title=Washington Times-Herald Sold by Tribune Company (March 18, 1954) |website=Chicago Tribune |access-date=March 23, 2017}} {{dead link|date=February 2018|bot=medic}}{{cbignore|bot=medic}}</ref> The combined paper was officially named ''The Washington Post and Times-Herald'' until 1973, although the ''Times-Herald'' portion of the [[nameplate (publishing)|nameplate]] became less and less prominent over time. | The ''Post''{{'s}} health and reputation were restored under Meyer's ownership. In 1946, he was succeeded as publisher by his son-in-law, [[Philip Graham]].<ref>{{cite news |last=Roberts |first=Chalmers M. |date=June 1, 1983 |title=Eugene Meyer Bought Post 50 Years Ago |url=https://www.washingtonpost.com/archive/politics/1983/06/01/eugene-meyer-bought-post-50-years-ago/910a718e-e71f-46bd-9ad7-78ad9e2107b2/ |newspaper=The Washington Post |access-date=April 20, 2017 |archive-date=March 23, 2017 |archive-url=https://web.archive.org/web/20170323234408/https://www.washingtonpost.com/archive/politics/1983/06/01/eugene-meyer-bought-post-50-years-ago/910a718e-e71f-46bd-9ad7-78ad9e2107b2/ |url-status=live }}</ref> Meyer eventually gained the last laugh over Hearst, who had owned the old ''[[Washington Times (1894–1939)|Washington Times]]'' and the ''[[Washington Herald|Herald]]'' before their 1939 merger that formed the ''[[Washington Times-Herald|Times-Herald]].'' This was in turn bought by and merged into the ''Post'' in 1954.<ref>{{cite web |url=http://archives.chicagotribune.com/1954/03/18/page/D6/article/washington-times-herald-sold-by-tribune-company |title=Washington Times-Herald Sold by Tribune Company (March 18, 1954) |website=Chicago Tribune |access-date=March 23, 2017}} {{dead link|date=February 2018|bot=medic}}{{cbignore|bot=medic}}</ref> The combined paper was officially named ''The Washington Post and Times-Herald'' until 1973, although the ''Times-Herald'' portion of the [[nameplate (publishing)|nameplate]] became less and less prominent over time. | ||
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