Build the news upon the rock of truth and righteousness. Conduct it always upon the lines of fairness and integrity. Acknowledge the right of the people to get from the newspaper both sides of every important question.
According to Wikipedia, The Dallas Morning News was founded in 1885 as a spin-off of the Galveston Daily News by Alfred Horatio Belo. In 1926, the Belo family sold a majority interest in the paper to its longtime publisher, George Dealey. In late 1991, The Dallas Morning News became the lone major newspaper in the Dallas market when the Dallas Times Herald was closed after several years of circulation wars between the two papers, especially over the then-burgeoning classified advertising market. In July 1986, the Times Herald was purchased by William Dean Singleton, owner of MediaNews Group. After 18 months of efforts to turn the paper around, Singleton sold it to an associate. On 8 December 1991, Belo bought the Times Herald for $55 million, closing the paper the next day.