San Francisco was the city of the newspaper industry of the West. When 17 year old Michael de Young and brother Charles de Young borrowed $20 in gold to start the San Francisco Chronicle, the telegraph wasn't even widely used in reporting news yet. Michael, however, understood telegraph code and put his knowledge to use by being the first newspaper man in the West to decipher and report the assassination of President Lincoln in 1865.
Where one day the de Young brothers were struggling to compete in the San Francisco newspaper industry, the next they were the hottest thing on the market. Their papers sold out in a matter of minutes and the San Francisco Chronicle began it newspaper history.
Next time we visit The Palace...
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