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Bernard Kilgore
Business
Journalist of the 20th Century
The Bernard Kilgore Scholarship is possible
because of gifts to the New Jersey Press Foundation from the
Kilgore family and friends, The Princeton Packet, and the Dow
Jones Foundation, following the selection of Bernard Kilgore in
March 2000 as the Business Journalist of the Century by the TJFR
Group. Bernard Kilgore was the dominant figure at The
Wall Street Journal and its parent corporation, Dow Jones and
Co., Inc., for more than a quarter century. He is credited with
changing the Journal from a small financial newspaper to
the nation|s only national daily at the time of his death in
1967. He was 59 years old. He purchased The Princeton Packet in
1955, just as The Wall Street Journal was beginning to
become large and successful. He created The National Observer,
the nation|s first national weekly newspaper, built up Barron|s
financial weekly and expanded the Dow Jones News Service into a
world-wide supplier of business and financial news. Kilgore believed strongly that the newspaper
business needed to identify and encourage more talented writers
and editors in order to remain strong and profitable. He founded
The Newspaper Fund in 1958 to address that concern; one of that
foundation|s first programs sent inexperienced high school
journalism teachers back to college to study journalism during
the summer months.
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