Monday, May. 12, 1947
With the Angels
Once there were three big projects for postwar magazines. One, Curtis Publishing Co.'s LIFE-like picture magazine, has already been shelved. Another, Crowell-Collier's international version of Collier's, is still in the works, but deep in production problems. Last week Marshall Field confirmed a rumor about the third. USA was no longer living off his money.
"I carried it on my own back until March, when I settled the severance pay [for USA workers lopped off] and one thing and another," said Field. An anonymous new backer, reportedly an oilman, was now paying the prenatal bills for unborn USA. And its editor, Norman Cousins, who also edits the Saturday Review oj Literature, was still looking for paper for the new magazine, and presses to print it on.
Why had Marshall Field backed out? He had his hands full, trying to make a go of his Chicago Sun and New York PM. He would still be a stockholder, he said, though not the angel, of USA. Said Field: Cousins has "an excellent, very attractive dummy. I have no criticism on that score at all. Frankly it just doesn't seem to be the right time. ... As matters stand, I already have enough things. ..."
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