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; OFFICE MEMORANDUM = UNITED STATES OOVERNMENT ;? t Director, FBI DaTcs July 25, 196 FROM «6: SAC, Los Angeles eing t ne woah: wire “wervice ‘situation ‘stated Be o RAGEN leyidicate opsrates two scratch: sneets,? D for 25¢ ‘and the “ieporter", which sells for =" d terests which, of course, represent the facing form b ds here and in San Franciseo the “National Scraton Sheet, * which has just bem ed_in pri Tnis action too! on J Informant looks for tne RAGEN interests to drop the "Reporter® to 10¢, - eontinue the "Metropolitan® at 15¢, and bring out a new sheet at 20¢. ::...: that about one and one-half years ago BENJAMIN }7 "Bugsy" SIEGEL made the statement to certain individuals whose idenvisy the the x! 4nformant does not rememper to the effect that ne, BENNY, b iG P25 ~~ smews business six months €fter the wer was over and-that ads * ” T+ bas been anticipated that the new syndicate being set up in “|. 5 * pompetition $o the:RAGEN interests mignt precipitate a rate war and it could ' ‘_ _ “be that. this is the opening gun in this campaign, However, the new syndicate ._° which as has been pofnted out has ajready rented office space in the Ferguson Building in Los Angeles intends putting out a scratch sheet of its own and 2 has been looking around tom for an individual to edit this. Be si 328 - ointed out that if this is true a Hea aro not necessa in with tne new syndicate,” but as has Kansas C: in . : -Snreats nave eome to oti v.08 N interests seem to be working along oe 4 undisturbed » manner exoept for the price out 3 in the scratch sheet referre SF Bore Koos / = 3l “say FB 1, 52 AUG 12 1946 THYPY 1: or ORTST RAL .