Chicago Inter Ocean
1883 Advertisement for editions of the Inter Ocean
|Founded||1865 (as the Chicago Republican)|
The Chicago Inter Ocean, also known as the Chicago Inter-Ocean, is the name used for most of its history for a newspaper published in Chicago, Illinois, from 1865 until 1914. Its editors included Charles A. Dana and Byron Andrews.
The history of the Inter Ocean can be traced back to 1865 with the founding of the Chicago Republican, a partisan newspaper that supported the Republican party. Jacob Bunn, a prominent Illinois financier and industrialist, was the principal founder, and at one time the sole owner, of the Chicago Republican Company, and cooperated with several other Illinois financiers to establish the newspaper company in 1865. After enjoying both economic success and the chaotic blow of the 1871 Chicago Fire, the Republican was relaunched in 1872 as the Chicago-based Inter Ocean, a newspaper intended to appeal to an upscale readership.
With the building of transcontinental railroads, it was possible to deliver periodical newspapers by mail throughout the central and western U.S. The Inter Ocean developed a family of semi-weekly, weekly and Sunday editions that were intended to become a definitive source of news for businesspeople throughout the American West, and in fact fulfilled that role for several decades.
The growth of linotype newspapers printed on inexpensive newsprint in the 1890s led to another upheaval in the newspaper industry. Many non-Chicago subscribers to the Inter Ocean no longer needed the weekly paper and dropped their subscriptions.
The weakened paper fell in 1895 into the hands of Charles Yerkes, the notorious Chicago streetcar boss, who returned the newspaper to the partisan, subordinate role it had fulfilled in its youth. George Wheeler Hinman bought a controlling interest in the paper in 1906 and sold it to H. H. Kohlsaat in 1912.
The paper stopped publication in 1914. Hinman bought back the paper at a receiver's sale in May 1914 (which came about because Kolhsaat had failed to pay the balance owed on a note used to purchase the paper) and immediately sold it to James Keeley, then general manager of the Chicago Tribune, who also bought the Chicago Record Herald at the same time. Readers decided that Keeley's new consolidated newspaper should be named The Chicago Herald, which name it held until it was bought by William Randolph Hearst's Chicago Examiner in 1918. This further consolidation created the Chicago Herald-Examiner.
The Inter Ocean was published in three locations during its career. From 1873 to 1880, it stood at 119 Lake Street (under the old Chicago street numbering), and from 1880 to 1890 it stood at 85 West Madison. From 1890 until the paper's 1914 demise, it occupied a palatial structure at the corner of Madison and Dearborn streets ( ). This structure had been built on the site of the Columbia Theater, which had been destroyed by fire. In later years, it became a theater again, known as the Monroe Theater and operating from 1923 until the 1970s, when it was demolished. Today the site is partially occupied by Xerox Center.
- "Newspapers". Encyclopedia of Chicago. Retrieved 2008-07-16.
- "Kohlsaat Buys Inter Ocean," New York Times, October 10, 1912. Captured July 28, 2010 at http://query.nytimes.com/gst/abstract.html?res=9D05E7DD133CE633A25753C1A9669D946396D6CF.
- "Time Regained: The Chicago Inter Ocean Building," ArchitectureChicago Plus, June 10, 2008 at http://arcchicago.blogspot.com/2008/06/time-regained-chicago-inter-ocean.html, captured 7/28/2010.
- (8 May 1914). Big Change in Chicago Press, Lewiston Morning Tribune
- (14 June 1914). It's the Chicago Herald, 'The New York Times
- (1 May 1918). Chicago Herald Is Sold, The New York Times
- William H. Busbey (1900). "History of the Chicago Inter Ocean". Discovery and Conquests of the North-west, with the History of Chicago, Volume 2. p. 239.
- "Monroe Theater in Chicago, IL". Cinema Treasures. Retrieved 2013-06-16.