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STONE, Melville Elijah, journalist, born in Hudson, Illinois, 15 August, 1848. When he was twelve years of age his parents removed to Chicago, where he was graduated from the high-school in 1867. Two years later he purchased an interest in a foundry and machine-shop, and was doing a good business when his earnings were swept away in the great fire of 1871. He then resorted to journalism, and a successful experience of four years as correspondent and editor prompted him to establish an evening paper. On Christmas-day, 1875, he published the first number of "The Daily News," since which time he has been its controlling spirit. He soon became associated with Victor F. Laws in the management of the journal, which has an average .circulation of a million copies a week.
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