The Press: Post on the Block

The troubled Washington Post, whose difficulties have been made conspicuous by the adventures of its onetime publisher Edward Beale McLean and his estranged wife, Mrs. Evalyn Walsh McLean, last week was ordered up for auction by a court. Anyone offering $250,000 may bid, but bids of less than $500,000 must be in cash. It was supposed that Mrs. McLean would bid with cash raised on her jewelry, including the highly publicized, “unlucky” Hope Diamond. Debts of the Post are $700,000.