McPherson presided over the Republican National Convention in 1876, and President Hayes appointed him as director of the United States Bureau of Engraving and Printing (1877–1878). Returning to the newspaper business, he was editor of the Philadelphia Press from 1877 until 1880. He also served as editor of the New York Tribune Almanac from 1877 to 1895 and was editor and proprietor of a newspaper in Gettysburg from 1880 until 1895. He was the American editor of the Almanach de Gotha. He again served as Clerk of the House of Representatives from December 1881 to December 1883 and for a third time from December 1889 to December 1891. McPherson was the attorney for the 1893 complaint against the Gettysburg Electric Railway which ended in the Supreme Court case of United States v. Gettysburg Electric Railway Co.[10]
McPherson diverted printing contracts away from Radical Republican newspapers and to moderate newspapers instead. He diverted the contracts from the Jacksonville Florida Times to Florida Union in Florida, Albion W. Tourgée's Union Register to William Woods Holden's Raleigh Daily Standard in North Carolina, and gave contracts to two newspapers edited by former Confederate officers. He initially granted a contract to The New Orleans Tribune, a black-owned newspaper supported by Radicals, but revoked it in 1868 at the request of Thomas W. Conway.[11]
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