Chicago Daily News, Inc. $100 Gold Specimen Bond.

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Chicago Daily News, Inc. $100 Gold Specimen Bond.  Reinforced.  Printed by American Banknote Company. in 1926

The Daily News was founded by Melville E. Stone, Percy Meggy, and William Dougherty in 1875 and began publishing on December 23. Byron Andrews, fresh out of Hobart College, was one of the first reporters. The paper aimed for a mass readership in contrast to its primary competitor, the Chicago Tribune, which appealed to the city's elites. The Daily News was Chicago's first penny paper, and the city's most widely read newspaper in the late nineteenth century. Victor Lawson bought the Chicago Daily News in 1876 and became its business manager. Stone remained involved as an editor and later bought back an ownership stake, but Lawson took over full ownership again in 1888.