Page:History of Journalism in the United States.djvu/287

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JAMES GORDON BENNETT AND THE HERALD
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was published as a rival of the Sun. Both papers had the same printers; to these printers Bennett went in 1834 and had them get him out a small sheet which appeared May 6, 1835, and which was called the New York Herald. A fire put him out of business for a short time, but he was not to be downed. He arose early and sat up late, did all his own reporting, collected all his own news, wrote the entire paper himself, posted his own books and made out his own bills. Thus began the New York Herald, famous on two continents.

It has been said of Bennett that he was one of the greatest news men this country has produced. What is more interesting to us is not what he did after he was successful but the manner of man he was in adversity. We can understand why the public would turn to him, despite all the abuse, when we see what he did in Wall Street. He knew, as others knew, that some of the editors of the six-cent "respectable" dailies were heavy speculators, and that articles were printed intended to affect the price of stocks. Bennett began boldly by asserting that these editors were "truly unfit by nature and want of capacity to come to a right conclusion upon any subject. They are still more unfit to give correct opinions on French affairs in consequences of their speculating mania, and deep interest in stock jobbing. They pervert every public event from its proper hue and coloring, to raise one stock and depress another. There is no truth in them."

This he followed up by printing an article that reflected on his former associate, the editor of the Courier and Enquirer. Webb waited for him in Wall Street and knocked him down with a stick. Bennett's next move had the advantage of distinct novelty. He printed an account of the assault.

"I have to apologize to my kind readers," he wrote,