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I have selected as the title of my remarks tonight 'The President and the Press.' Some may suggest that this would be more naturally worded 'The President Versus the Press.' But those are not my sentiments tonight.

And I hope all publishers will bear this lesson in mind the next time they receive a poverty-stricken appeal for a small increase in the expense account from an obscure newspaper man. If only this capitalistic New York newspaper had treated him more kindly if only Marx had remained a foreign correspondent, history might have been different.

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We are told that foreign correspondent Marx, stone broke, and with a family ill and undernourished, constantly appealed to Greeley and managing editor Charles Dana for an increase in his munificent salary of $5 per installment, a salary which he and Engels ungratefully labeled as the 'lousiest petty bourgeois cheating.'īut when all his financial appeals were refused, Marx looked around for other means of livelihood and fame, eventually terminating his relationship with the Tribune and devoting his talents full time to the cause that would bequeath the world the seeds of Leninism, Stalinism, revolution and the cold war. You may remember that in 1851 the New York Herald Tribune under the sponsorship and publishing of Horace Greeley, employed as its London correspondent an obscure journalist by the name of Karl Marx. You bear heavy responsibilities these days and an article I read some time ago reminded me of how particularly heavily the burdens of present day events bear upon your profession. I appreciate very much your generous invitation to be here tonight.