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Show PAPERS VALUED AT MILLIONS. A newspaper valued at millions is something out of the ordinary and therefore worthy of special note. The Fourth Estate, devoted to the newspaper field, says J. P. Morgan and John D. Rockefeller are reported to have purchased 47 per cent of the stock of the Chicago Tribune for $6,500,000. That is a valuation of close to $14,000,000 for the Chicago paper, or more money than would have been required to obtain control of all the daily papers of the United States forty years ago. The large dailies in the big cities have a powerful influence in the moulding of public- opinion and that asset has caused men of wealth, desirous of shaping public policies, to attempt control of these educators educa-tors by the pouring of fabulous sums into a purchasing fund. The one great danger to the American form of government is sub-Bidizing sub-Bidizing or purchasing of the leading papers of the country by men seeking to protect their special privileges by miseducating the people, with the Morgans, Rockefellers and others dictating the editorial opinions and censoring the news of our dailies, how can the American Ameri-can electorate be expected to vote intelligently on any great issue in-- in-- Evolving the interests of the predatory class Unless the smaller dailies, true to their tasks, exert an influence in the cause of right sufficient suf-ficient o overcome the false information emanating from the hired servants of wealth. We have an abiding faith in the American people and the Republican Re-publican form of government, but that faith does not lead to a blind trust in the unerring wisdom of the majority, if that majority is to j be deceived by the false and misleading in the public press of the nation. |