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James Dolan's avatar

You should offer Gold subscriptions for $5 million.

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Dale of Green Gables's avatar

The parallels are striking, even more so the differences. The phrase: "It comes from within," echos down through the years back to Katherine Graham's father, Eugene Meyer, who outbid Hearst in 1933 to buy the WaPo at auction and prophetically saved it from an almost certain similar fate facing the paper in this century --- again saved by another very rich man. But where Bezos spoke in what can now be seen as hollow platitudes, Meyer, with a long history in federal government service, actually walked the walk when it came to his desire to continue to serve the public even in retirement, and carefully rebuilt the paper which had been allowed to deteriorate over a long decline. Oh, it often strongly criticized FDR and the New Deal, but it never attempted to find a mythical middle ground, as its modern incarnation seems intent on doing, preferring instead to follow the (then) time-honored journalistic principles of objectivity and fairness. This was the tradition of nurturing, impartiality and public service Katherine Graham inherited and moreover, the same required nerves of steel the old man exhibited during a successful career in finance.

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