Monday, Nov. 29, 1926
Still Second
"For purchasing, starting or financing new newspapers and news enterprises," 30% of the residuary estate, reads the will of the late Edward Wyllis Scripps (TIME, March 22). Last week Scripps-Howard Chairman Roy Wilson Howard used some of that legacy to buy two newspapers-- the Knoxville (Tenn.) Sentinel and the Memphis (Tenn.) News-Scimitur which Mr. Howard, like a Frank Munsey, is consolidating with his other papers in the respective towns. Not content with these acquisitions, dapper Mr. Howard, of the flashy vests and flashier brain, reached out to Denver to buy the Rocky Mountain News (morning) and the Evening Times. He merged the Times with his own Express under the new name of the Denver Evening News. The Scripps-Howard chain now holds 25 newspapers, second only to the Hearst string of 26.