The Times newspaperIn 1788, in London, John Walter changed the name of his newspaper, the Daily Universal Register. On this date, he published the first edition of The Times. He had been a Lloyd's underwriter until 1785 when, nearing bankruptcy, he ventured into the newspaper business. This new career resulted from having bought a patent in 1782 for logotypes, which were common words cast as one piece of type to improve the typesetting process. His first edition of the Daily Universal Register on 1 Jan 1785 was intended as a daily advertising sheet with which he could also promote his logography. It included parliamentary reports and foreign news, and produced income from advertisers. After three years' experience, he changed the name of the newspaper at the same time he revised the type of the content.« |
