The Philadelphia Record
Encyclopedia
The Philadelphia Record was a daily newspaper published in Philadelphia, Pennsylvania
Philadelphia, Pennsylvania
Philadelphia is the largest city in the Commonwealth of Pennsylvania and the county seat of Philadelphia County, with which it is coterminous. The city is located in the Northeastern United States along the Delaware and Schuylkill rivers. It is the fifth-most-populous city in the United States,...

 from 1877 until 1947. The Record was founded in 1877 as a one-cent daily newspaper. In 1894, The New York Times
The New York Times
The New York Times is an American daily newspaper founded and continuously published in New York City since 1851. The New York Times has won 106 Pulitzer Prizes, the most of any news organization...

 praised it as "one of the best and most widely circulated newspapers in the United States." Despite the dire economic state
Panic of 1893
The Panic of 1893 was a serious economic depression in the United States that began in 1893. Similar to the Panic of 1873, this panic was marked by the collapse of railroad overbuilding and shaky railroad financing which set off a series of bank failures...

 at the time, the Record "held its own", and sold 57,000,000 copies in 1893. At that time, it was the most widely read newspaper in the city and equaled the combined circulation of any two of its Philadelphian competitors. Its printing facilities were lauded as modern and both its foreign and domestic reporting as accurate and prompt.

During the Great Depression
Great Depression
The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...

, it became one of only two morning newspapers in the city after the Public Ledger
Public Ledger (Philadelphia)
The Public Ledger was a daily newspaper in Philadelphia, Pennsylvania published from March 25, 1836 to January 1942. Its motto was "Virtue Liberty and Independence". For a time, it was Philadelphia's most popular newspaper, but circulation declined in the mid-1930s.-Early history:Founded by William...

 morning and Sunday editions were merged with The Philadelphia Inquirer
The Philadelphia Inquirer
The Philadelphia Inquirer is a morning daily newspaper that serves the Philadelphia, Pennsylvania, metropolitan area of the United States. The newspaper was founded by John R. Walker and John Norvell in June 1829 as The Pennsylvania Inquirer and is the third-oldest surviving daily newspaper in the...

 in 1933. In 1936, the Record, had a weekday circulation of 328,322 and Sunday circulation of 369,525. By comparison, it led the Inquirer during the week, when the competitor sold 280,093 copies, but trailed on Sundays, when the Inquirer sold 669,152 copies. That year, Moses Annenberg
Moses Annenberg
Moses "Moe" Louis Annenberg was an American newspaper publisher, who purchased The Philadelphia Inquirer, the third-oldest surviving daily newspaper in the United States. in 1936. The Inquirer has the sixteenth largest average weekday U.S...

 bought the Inquirer, and the rivalry between the publications significantly increased. The two papers, whose buildings were within sight of each other, engaged in a "duel of keep-the-lights-on", in which their employees attempted to log longer workdays than their competitors. Both newspapers during this time accused the other of attempts to steal stories.

In the 1930s, as the competition stiffened between the Record and its primary morning competitor, the Inquirer, both increased their daily price to 3 cents (about $ in inflation-adjusted
Inflation adjustment
Inflation adjustment is the process of adjusting economic indicators and the prices of goods and services from different time periods to the same price level. To adjust for inflation, an indicator is divided by the inflation index...

 terms). From July 1936 to 1938, the Record's circulation fell by 40%. In the latter year, the Records weekday circulation had fallen to 204,000 and its Sunday edition to 362,783. During the late 1930s, the Record, a Democratic Party
Democratic Party (United States)
The Democratic Party is one of two major contemporary political parties in the United States, along with the Republican Party. The party's socially liberal and progressive platform is largely considered center-left in the U.S. political spectrum. The party has the lengthiest record of continuous...

-aligned publication, was seen as a voice for the executives in both the federal
Franklin D. Roosevelt
Franklin Delano Roosevelt , also known by his initials, FDR, was the 32nd President of the United States and a central figure in world events during the mid-20th century, leading the United States during a time of worldwide economic crisis and world war...

 and state governments
George Howard Earle III
George Howard Earle III was an American politician. He was great-grandson of noted abolitionist and philanthropist Thomas Earle, grandson of Philadelphia lawyer George H. Earle, Sr., and son of Philadelphia lawyer and "financial diplomat," George H. Earle, Jr. Earle served as the U.S...

. In 1947, the Record went out of business and sold its assets to the Philadelphia Bulletin
Philadelphia Bulletin
For the 2004 resurrection of the Bulletin, see The Bulletin .The Philadelphia Bulletin was a daily evening newspaper published from 1847 to 1982 in Philadelphia, Pennsylvania. It was the largest circulation newspaper in Philadelphia for 76 years and was once the largest evening newspaper in the...

 after a drawn-out strike
Strike action
Strike action, also called labour strike, on strike, greve , or simply strike, is a work stoppage caused by the mass refusal of employees to work. A strike usually takes place in response to employee grievances. Strikes became important during the industrial revolution, when mass labour became...

.
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