[Congressional Record (Bound Edition), Volume 161 (2015), Part 14]
[Extensions of Remarks]
[Pages 19391-19392]
[From the U.S. Government Publishing Office, www.gpo.gov]




                     IN MEMORY OF AUSTIN KIPLINGER

                                 ______
                                 

                            HON. JOE WILSON

                           of south carolina

                    in the house of representatives

                      Wednesday, December 2, 2015

  Mr. WILSON of South Carolina. Mr. Speaker, on November 20, Austin 
Kiplinger, an extraordinary visionary as longtime editor of the 
legendary The Kiplinger Letter, died at age 97. For decades he came to 
the office every day up to the end to provide thoughtful forecasts for 
executives and investors. I knew firsthand of his influence as my late 
father was a loyal subscriber who knew Mr. Kiplinger's judgement was 
fully trustworthy. The following obituary was published November 21, 
2015, in the Wall Street Journal:

       Washington.--Austin Kiplinger, the longtime chairman and 
     editor in chief of a financial publishing company that bore 
     his name, has died, his son said. He was 97.
       Mr. Kiplinger died Friday at a hospice in Rockville, Md., 
     where he was treated briefly after receiving hospice care at 
     home, said his son, Knight Kiplinger. The cause of death was 
     brain cancer, most likely a melanoma that had spread to his 
     brain, his son said.
       A prominent figure in Washington journalism and civic life, 
     Mr. Kiplinger led the publishing company founded by his 
     father for nearly 35 years. Before taking over Kiplinger 
     Washington Editors Inc., he worked as a newspaper, radio and 
     television reporter. The company publishes newsletters and 
     magazines on personal finance and business.
       The company was founded in 1920 by his father, W.M. 
     Kiplinger. Austin Kiplinger took it over upon his father's 
     death in 1967. Even after circumstances forced him to become 
     a businessman, he remained a journalist at heart, his son 
     said.
       ``He wrote, he edited, he conducted the weekly lead 
     meetings for the Kiplinger Letter,'' Knight Kiplinger, who 
     took over for his

[[Page 19392]]

     father in the 1990s, said Saturday. ``That's our tradition 
     going back to our founding.''
       Mr. Kiplinger's professional journalism career began at age 
     18 while a student at Cornell University in Ithaca, N.Y. He 
     worked as the campus stringer for the Ithaca Journal, and 
     some of his articles were picked up by The Associated Press.
       He served in the Navy during World War II, piloting torpedo 
     bombers off aircraft carriers in the South Pacific.
       In 1947, he and his father founded what is now called 
     Kiplinger's Personal Finance, the first publication dedicated 
     to personal-finance advice for American families. In the 
     1950s, he worked for several television stations in Chicago 
     and for ABC News there. But he turned down an offer to join 
     NBC News in New York to return to the family business.
       Mr. Kiplinger was a trustee and board chairman of the 
     National Symphony Orchestra, and he presided over a family 
     foundation that has made millions of dollars in grants to 
     nonprofits education, performing arts, history and journalism 
     training. He lived for decades on a family farm in Seneca, 
     Md.
       ``He was best known for his exuberance, his positive 
     attitude, his interest in people from every walk of life,'' 
     his son said. ``He talked as easily with a carpenter or the 
     janitor in the building as he did with presidents and 
     senators.''
       His wife of 63 years, Mary Louise Cobb Kiplinger, died in 
     2007, and his older son, Todd, died the following year.

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