Abstract

LAGUNA-PLATERO, Antonio  and  MARTINEZ-GALLEGO, Francesc-Andreu. The Great Rescue of the Spanish Press: Repayable Advances during World War I. Palabra Clave [online]. 2021, vol.24, n.2, e2421.  Epub June 15, 2021. ISSN 0122-8285.  https://doi.org/10.5294/pacla.2021.24.2.1.

The economic crisis derived from World War I produced, among other effects, a sharp drop in the economic performance of the Spanish press and an actual threat of generalized collapse. Reorganized as large companies, with examples such as the first Spanish journalistic trust created in 1906, newspaper publishers posed a central dilemma for the representative system for the first time: if the press were to exist, the public treasury would have to cooperate through subsidies for the purchase of paper. In this way, the first great rescue of the Spanish press was launched, with a millionaire contribution of public funds to private companies that, in theory, would have to be repaid progressively. It was, for Indalecio Prieto, “a big scandal.”

Keywords : Economic crisis; Great War; paper industry; press; Sociedad Editorial de España.

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