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hotelier and racecourse and newspaper owner, came to Sydney 1890, In 1896, by now known as Joynton Smith, he laid the foundation of his fortune when he leased, at £12 per week, the run-down Imperial Arcade Hotel, renamed the Arcadia, between Pitt and Castlereagh streets. He made it a good residential hotel and by 1924 had purchased the entire arcade for £147,500. Defeated in municipal elections in December 1918, Smith resolved to launch a newspaper to present his views. With Robert Packer as manager and Claude McKay as editor, he published Smith's Weekly from March 1919. backed innovative ve |
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