Boston Globe

Boston Globe

The Boston Globe was founded in 1872 by a group of six Boston businessmen led by Eden Jordan Marsh, founder of Jordan Marsh retail stores. Together, the six men invested $150,000 to buy the paper. On March 4, 1872, the first issue of the Boston Globe was published and sold for four cents per paper. In 1873, the Boston Globe found itself in some financial difficulties, and Jordan brought in Charles H. Taylor as a temporary business manger to improve the paper?s financial health and stability. At only 27 years of age, Taylor was a Civil War veteran, staff member and printer of the Boston Traveler, and stringer for The New York Tribune. As a reward for Taylor?s success and loyalty for improving the once struggling newspaper, Jordan, who was the only remaining investor, gave Taylor the title of partner. Soon after being named as a partner, Charles H. Taylor was named president of the Boston Globe. When Taylor passed away in 1921, his son William O. Taylor took over his father?s role as president. The current president of the Boston Globe is Benjamin B. Taylor, who is a cousin of William

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