Walter Cronkite ASU's Downtown Phoenix campus was also built in his honor. The Walter Cronkite Regents Chair in Communication seats the Texas College of Communications dean. The Walter Cronkite papers are preserved at the curatorial Dolph Briscoe Center for American History at the University of Texas at Austin. Occupying 293 linear feet (almost 90 metres) of shelf space, the papers document Cronkite's journalism career. Amongst the collected material are Cronkite's early beginnings while he still lived in Houston. They encompass his coverage of World War II as a United Press International correspondent, where he cemented his reputation by taking on hazardous overseas
Walter Cronkite correspondents, relieving Bill Downs as the head of the Moscow bureau. CBS offered Cronkite $125 ($2,189 in 2018 money) a week along with "commercial fees" amounting to $25 ($438 in 2018) for almost every time Cronkite reported on air. Up to that point, he had been making $57.50 ($1,006 in 2018) per week at UP, but he had reservations about broadcasting. He initially accepted the offer. When he informed his boss Harrison Salisbury, UP countered with a raise of $17.50 ($306 in 2018) per week; Hugh Baillie also offered him an extra $20 ($350 in 2018) per week to stay.