SALE OF “ECONOMIST”
ENGLISH FINANCIAL JOURNAL '■ PLAN FOR FUTURE CONTROL .■ (British Official Wireless.) ’Rugby, July 10. The sale of tfie weekly journal, “Economist,” hitherto owned by the trustees for the daughters of its founder, has been approved by the Court The new owners are the newly-formed financial Newspaper Proprietors, Limited, which will acquire a controlling interest in" the “Financial News” and the “Journal of Commerce,” both of which are dailv newspapers of old standing. The “Economist” has been one of the foremost financial journals for over So years, and the new proprietors have, with a view to maintaining its traditional character, agreed to appoint a board of independent trustees, empowered with the right to veto the appointment or the. dismissal of any future editor of the journal, while the editor alone will control its policy. The plan closely resembles that which some years ago was adopted by the proprietors of “The Times,” and was more recently followed by the proprietors of the prominent weekly political journal the “Spectator.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19280712.2.90
Bibliographic details
Dominion, Volume 21, Issue 241, 12 July 1928, Page 11
Word Count
168SALE OF “ECONOMIST” Dominion, Volume 21, Issue 241, 12 July 1928, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in