THE "DAILY EXPRESS."

Press, Volume LXIV, Issue 19463, 9 November 1928, Page 10

THE "DAILY EXPRESS."

LORD BEAVERBROOK RETIRES, (UNITED PRESS ASSOCIATION—BY BLECTBIC TELEGRAPH—COPYBIGHT.) (Received November Btli, 5.5 p.pi.) I LONDON, November 7. Lord Beaverbrook, in announcing the first issue of the Glasgow edition of the "Daily Express," reveals for the first time that he retired from active management a year ago, but is retaining the controlling shares for his sons, ensuring continuity of control for another genera : tion.—Australian Press Association. *[ After Lord Beaverbrook took oyer entire control of the " Daily Express " following his resignation from Cabinet at the end of the war, the paper prospered exceedingly, its circulation being raised by 1922 from 350,000 to 940,000 By this year the circulation has risen to 1,476,283. He founded the "Sunday Express," and has obtained large inter ests in many daily journals and periodicals. With the publication of a Glasgow edition, the "Daily Express'' enters upon the first triple publication in the world, thero being already London and Manchester editions. The enterpr adds 400 employees to the staff and £IOO,OOO to the year's pay-roll.]