First edition of The New York Times is published for 2 cents a copy [1]

The New-York Daily Times was established in 1851 by New-York Tribune journalists Henry Jarvis Raymond and George Jones. The Times experienced significant circulation, particularly among conservatives; New-York Tribune publisher Horace Greeley praised the New-York Daily Times. During the American Civil War, Times correspondents gathered information directly from Confederate states. In 1869, Jones inherited the paper from Raymond, who had changed its name to The New-York Times. Under Jones, the Times began to publish a series of articles criticizing Tammany Hall political boss William M. Tweed, despite vehement opposition from other New York newspapers. In 1871, The New-York Times published Tammany Hall's accounting books; Tweed was tried in 1873 and sentenced to twelve years in prison.