On this day in 1851, the New York Times (then known as the New-York Daily Times) publishes its first edition. Founded by politician Henry Raymond and banker George Jones, it sold for a penny and originally was available Monday through Saturday. The paper has won more Pulitzer Prizes than any other news organization, and has come to be identified as “the newspaper of record” in the United States. Currently, “The Gray Lady” (as the paper is nicknamed) is third in national subscription numbers, behind the Wall Street Journal and USA Today.

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