John Walter funds The Times on January …

Years: 1785 - 1785
John Walter funds The Times on January 1, 1785 as The Daily Universal Register, with Walter in the role of editor.

Unhappy because people always omit the word Universal, Ellias will change the title after nine hundred and forty editions on January 1, 1788 to The Times.

Walter had lost his job by the end of 1784 after the insurance company where he was working went bankrupt because of the complaints of a Jamaican hurricane.

Being unemployed, Walter decided to set up a new business.

It is in this time when Henry Johnson invents the logography, a new typography that is faster and more precise (three years later, it will proved that it is not as efficient as had been said).

Walter bought the logography's patent and to use it, he had decided to open a printing house, where he would daily produce an advertising sheet.

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