Good story, but other than the Ken Burns effect, why not use Soundslides for this and serve a wider audience with Flash?
I love old newspapers, ironically enough given my long-winded screeds on the coming e-paper revolution. I wrote a short essay a couple summers ago on a book about early California newspapers. Maybe I should dig that one out and post it.
Wild Merriman Smith stories about breaking the JFK assassination story over a 1960s car phone to the UPI wire while the AP reporter in the back seat was freaking out.