Monday, Dec. 29, 1930
Knox Out
Hearstmen of long service marveled when, in 1927, "the chief" reached out to the Manchester, N. H. Union & Leader, plucked its publisher, Col.* William Franklin Knox, and made him publisher of the Boston American. Year later Publisher Hearst boosted his colonel to be general manager of all Hearst dailies, with a reputed salary of $150,000 a year. The course of the next three years was not wholly smooth. Big, self-confident Col. Knox several times offered his resignation, which "W. R." refused, believing perhaps that experience in the big business of chain publishing would eventually shape his man to the ways of Hearst. Last week he accepted it, uttered regrets. Reason given by Col. Knox: "... A difference of opinion as to methods of management." Friends said that Col. Knox had saved all his Hearst salary, that he is well supported by the interest which he still holds in the Union & Leader. To succeed Col. Knox, Publisher Hearst named Thomas J. White, vice president of International Magazine Co., Inc., onetime employe of J. P. Morgan & Co.'s export department. His first task will be to com plete a careful reduction in personnel, ordered last fortnight by Publisher Hearst.
* Spanish-American War roughrider, World War artillery man.
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