
Merry Christmas to those who celebrate! As there is no snow on the ground in Boston, I wanted to share a house with a prominent pine tree, which resembles an oversized urban Christmas tree on Beacon Street. This house at the corner of Beacon and Fairfield streets was built in 1871 by architect and builder Frederick B. Pope on speculation. It did not sell as quickly as he would have hoped, and it took two years for it to finally sell at public auction in 1873. The relatively modest brick Second Empire style house was bought and sold numerous times until March 1905, when the residence was purchased by Clarence Walker Barron, a prominent publisher and journalist. In 1903, he purchased Dow Jones & Company and from 1912 until his death in 1928, he was its president. During this period, he was also de facto manager of The Wall Street Journal, he expanded its daily circulation, modernized its printing press operations, and deepened its reporting capabilities. In 1921, he founded Barron’s National Financial Weekly, later renamed Barron’s Magazine. Barron pushed for the intense scrutiny of corporate financial records, and for this reason is considered by many to be the founder of modern financial journalism. In 1920, he investigated Charles Ponzi, inventor of the “Ponzi scheme”. His aggressive questioning and common-sense analysis helped lead to Ponzi’s arrest and conviction. For his Boston townhouse, Barron hired the firm of Cram, Goodhue & Ferguson to completely renovate the dwelling with an extra floor, limestone facades, and more bold roof design.



