Monday, Jun. 18, 1928
Guilty, Sold
Sole Democratic organ in a Vare-ridden city, the Philadelphia Record last week passed from the control of the Wanamaker family into the capable hands of Editor-Publisher J. David Stern, owner of the Evening Courier and the Morning Post of Camden, N. J., 42-year-old veteran of newspaper battles from Seattle, Wash., to Providence, R. I. Like the Rochester Democrat and Chronicle (see above), the Record goes to a local boy. "New ownership," observed Mr. Stern, briefly, "implies no change in editorial policy."
A change in business policy, however, was indicated by this announcement of the A. B. C.:*
"After a full hearing before the board of directors on charges that the Philadelphia Record had been guilty of irregularities in circulation records, the Board voted to omit the audit for the twelve months ending Sept. 30, 1927, to recall the publishers' statement for the six months ending March 31, 1928, and to place the Record under suspension of service until Sept. 30, 1928, when an audit for six months ending with that date will be attempted."
*The figures of the Audit Bureau of Circulations are the accepted indices of American newspaper circulation, relied upon by all conscientious advertisers.