The Press: Corruption Stories

There is a story about Frank A. Vanderlip which is so recurrent as to be almost part of the American saga. Mr. Vanderlip himself has not forgotten it. He repeated it to a recent interviewer.

When Frank was young, he was employed by the Chicago Tribune as a reporter. Street Railways under Charles T. Yerkes were a public scandal, but the public could get no facts. Frank bought a share of stock in the railways, thus enabling him to attend private stockholders' meetings. And what Frank heard at these meetings he reported.

This type...