Word: compassable
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When pudgy, greying Theodore Olin Thackrey started his left-wing New York Compass 16 months ago, on the ashes of the departed Star, he seemed to be well fixed financially. He got $750,000 from 84-year-old Mrs. Emmons Elaine, daughter of Reaper King Cyrus McCormick and cousin of the Chicago Tribune's Bertie McCormick, who had given away ten of her millions for various causes and charities. When & if the Compass ran through its nest egg, the chances were good that Aunt Anita would cheerfully ante up again. But last week Editor Thackrey made a sad announcement...
...Compass is to be saved, said Thackrey, it is up to the readers. He asked them to buy $300,000 in Compass stock at $10 a share, as a starter. As part of his sales talk, he gave out the first financial and circulation figures on the Compass' first-year operations. They gave a rare peek into the costs of starting metropolitan newspapers these days but they were hardly encouraging to would-be investors...
...Black Rose (20th Century-Fox] shows how Tyrone Power brought the magnetic compass, the art of papermaking and the secret of gunpowder from far-off Cathay to 13th Century England. Based on Thomas B. Costain's lush historical novel, the film bristles with research, Technicolor, 5,600 extras (not counting 500 horses and 1,000 camels), the English countryside and sun-scorched vistas of Asian deserts. On this broad canvas, however, Scripter Talbot Jennings traces a curiously skimpy design...
...Bertie McCormick's Chicago Tribune sounded so much like the Communist press that the Washington Post lamented that people might soon label it "the prairie edition of Pravda." Cried the Trib: "Mr. Truman's statement on Korea is an illegal declaration of war . . ." But the New York Compass, which has often walked the Communist line, this time jumped off. It blamed the Reds and got a characteristic reward from its former friends: Compass Columnist I. F. Stone was accused of "slimy Titoism...
...purchasing agents. Their job is not to tell what has happened but what will happen to prices, consumer demand and production. In Cleveland last week, 3,000 members of the National Association of Purchasing Agents, meeting for their annual convention, took readings from all points of the compass on the future economic weather...