Word: aug
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Dates: during 1950-1959
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Reporters were called in last week by the Crowell-Collier Publishing Co. (Collier's, American, Woman's Home Companion) for an "important announcement." The news: beginning with the Aug. 7 issue, the company's 65-year-old weekly Collier's will become a fortnightly. The news was no surprise to newsmen, who have known for weeks that Crowell-Collier's was ready to try a drastic cure for its ailing weekly. At its peak in 1946, Collier's was a fat magazine that brought handsome profits to Crowell-Collier. But it began to sicken...
After other papers joined their crusade, the uproar brought the FBI and state investigators into the county. As a result, 16 Klansmen, including Imperial Wizard Thomas Hamilton, were sent to jail for terms up to six years (TIME, Aug. n), 46 others were fined a total of $15,850, and the Klan was smashed...
...Angeles, where the News is the only pro-Democratic paper among the city's five dailies, the paper did not keep up with the competition, especially that of the breezy, afternoon tabloid Mirror, started in 1948 by Los Angeles Times Publisher Norman Chandler (TIME, Aug. 16, 1948). While the Mirror grew (to 212,903), the News slipped to under 200,000. Publisher Boddy, now 61, gradually wearied of the fight and his editorial chores, finally turned the paper over to Smith. He slashed the payroll, raised the price to 10? to try to keep up with rising costs...
...might be ... a grocer, or an earthenware manufacturer." Bennett set himself the task of 1,000 words a day, and through most of his 40 productive years, managed to maintain that rate. In 1907 he announced he would write a major novel of 200,000 words, on Aug. 30, 1908 noted: "Finished The Old Wives' Tale at 11:30 a.m. today. 200,000 words." The last entry in his journal, in the last full calendar year of his life, ends: "Total of words for the year...
Auto-insurance rates, which have risen sharply since World War II, appear to be on the way down. Rates have soared because 1) courts have been handing out sky-high judgments in accident cases (TIME, Aug. 27, 1951 et seg.) and, 2) the accident rate itself, notably among young drivers, has gone up alarmingly (28% of all drivers involved in fatal auto accidents in 1951 were under 25). But as the rates went up, independent auto-insurance firms began cutting their rates and snatching business from the large companies. Last week a number of big companies got ready to meet...