abused for selfish purposes or to gratify selfish whims. A great daily newspaper can remain a power for good only so long as it is uninfluenced by unworthy motives, and unbought by the desire for gain. A newspaper which can be neither bought nor bullied is the greatest asset of a city or state. Naturally, a newspaper makes mistakes in judgment, as it does in type; but, so long as errors are honestly made, they are not serious when general results are considered.<p>The success or failure of a particular issue is of little consequence compared with the all-important principle of a fearless and honest newspaper. This I intend the Chronicle shall always be, a newspaper for all the people, democratic in fact and in principle, standing for the greatest good to the greatest number, championing and defending what it believes to be right, and condemning and opposing what it believes to be wrong.<p>Such have always been the policies of the Chronicle and to such it is now rededicated." Under Jones' watch, the Chronicle bought KTRH, one of Houston's oldest radio stations, in 1937. In 1954, Jones led a syndicate that signed on Houston's third television station, KTRK-TV. 1956–1965: John T. Jones era The board of Houston Endowment named John T. Jones, nephew of Jesse H. Jones, as editor of the Chronicle. Houston Endowment president, J. Howard Creekmore, was named publisher. In 1961, John T. Jones hired William P. Steven as editor. Steven had previously been editor of the Tulsa Tribune and the Minneapolis Star Tribune, and credited with turning around the declining readership of both papers. One of his innovations was the creation of a regular help column called "Watchem", where ordinary citizens could voice their complaints. The Chicago Tribune later called this column a pioneer and prototype of the modern newspaper "Action Line". Steven's progressive political philosophy soon created conflict with the very conservative views of the Houston Endowment board, especially when he editorially supported the election of Lyndon B. Johnson, the Democratic candidate for president. However, more than political philosophy was involved: Robert A. Caro revealed in his biography of Johnson that written assurance of this support from John T. Jones had been the price demanded by Johnson in January 1964 in return for approval of the merger of Houston's National Bank of Commerce, in which Jones had a financial interest, with another Houston bank, the Texas National.