Although Wilhelm Liebknecht, one of the founders of SPD and close associate of Karl Marx and Friedrich Engels, was member of the founding editorial board in 1861, the paper became soon a conservative flagship of the German press ("Bismarcks Hauspostille").
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Less than a year later, the Reich government took it over, but it was sold again when the affair came to light.
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Schrader spent the last two years of his life in Berlin as freelance journalist, mainly writing for Deutsche Allgemeine Zeitung (DAZ), which was in the early years of the Weimar Republic still a liberal centre-right publication supporting the consolidation of Germany in the Weimar Republic (the foreign policy editor and later editor in chief at that time was Paul Lensch, a former SPD politician and associate of Parvus and Rosa Luxemburg).