(1841-1918). He was educated in Europe to
avoid verbal and physical abuse from his father. He served with the
Federal Navy in the Civil War and moved with the 'fast set' in New York.
He dispatched Stanley on the trail of David Livingstone and financed a
search for the Northwest Passage. During the economic panic of 1873-74,
The Herald opened soup kitchens for the poor. He became increasingly
eccentric and lost many of his reporters. In 1877, he began what is now
the International Herald Tribune in Paris. This journal was the
first truly international publications. It introduced the linotype to
Europe and as the first paper in Europe to use wireless telegraphy for
news dispatches. Today, the paper has a circulation of 170,000. It is
printed in nine countries and distributed in 164 others. Bennett loved
yachting, introduced polo to Newport, RI in the 1870's, encouraged
aeroplane and balloon racing. He loved dogs and owls and gave enormous
tips. It is believed he spent $30,000,000 from the earnings of The Herald.
An elaborate monument commemorates the two Bennetts in Herald Square, in