Henry Jarvis Raymond worked first with the New York Tribune under Horace Greeley. However, after a personal dispute with Greeley, Raymond left the Tribune.
In 1851 he and George Jones founded the New York Times with capital sum of $100,000.
Raymond proposed to cover all the news of the day with special attention to legal, criminal, commercial and financial transactions in the City of New York, to political and personal movements in all parts of the United States.
He reported extensively on the post-war South and on the Congressional debates on reconstruction: and secured an ‘on-the-record’ interview with President Johnson.
He intended the Times to be enlightened and descent; the best and the cheapest daily family newspaper in the United States.
It was soon ranked among the leading journals of the country. Henry Raymond who was born at Lima New York in 1820 was elected lieutenant-governor of New York 1854 and was active in support to Fremont for president in 1856 and of Lincoln in 1860.
The New York Times newspaper is the most important property of the New York Times Company, incorporated in 1896 as successor to the New York Times Publishing Company.
Raymond died in 1869. Control over the paper passed briefly in the 1890s to its editor-in-chief Charles Miller and then to Adolph Simon Ochs. It was under Ochs that the newspaper really achieved international prominence.
New York Times newspaper
