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...News. Though rising costs, a depressed economy and competition from television for consumer advertising all hurt, Cowles cited a planned second-class postal rate increase as the final crusher that forced him to fold the flagship of Cowles Communications Inc. The proposed new rates would more than double mailing costs for all U.S. magazines, and would have sent Look's postal bill rocketing from $4,000,000 to $10 million in five years. Cowles called the increase "unconscionably high and a complete reversal of U.S. postal policy since the days of Benjamin Franklin, who felt that the cost...

Author: /time Magazine | Title: The Press: The Last Look | 9/27/1971 | See Source »

...bonanza to American corporations at the expense of American workers" and called the A.F.L.-C.I.O.'s 35-man executive council into session to issue a detailed list of criticisms. Other union executives?notably Leonard Woodcock, whose 1.4 million-member United Auto Workers left the A.F.L.-C.I.O. fold three years ago?flew to Meany's headquarters in Washington to confer. Labor Secretary James Hodgson, the Administration's belated emissary, also stopped by to pay his respects. He was one of the few White House men who managed to get the last word in during a slanging match with onetime Journeyman Plumber...

Author: /time Magazine | Title: The Nation: Nixon's Freeze and the Mood of labor | 9/6/1971 | See Source »

Playing Brinkmanship. Chicago cannot support two afternoon papers at a profit. Says Emmett Dedmon, 53, editorial director of the Field papers: "Sooner or later, there has to be one afternoon paper." Neither side, however, will let the other have an afternoon monopoly or be the first to fold. Publisher Marshall Field V, at 30 the prime mover of Field Enterprises, admits that "the losses are stupid." He accuses the Tribune Co. of "playing brinkmanship"-stubbornly taking deficits on Today in hopes of forcing the Daily News under. One block away in the Tribune Tower, H.F. Grumhaus, 68, the crusty, reticent...

Author: /time Magazine | Title: The Press: Chicago's War of the Losers | 8/9/1971 | See Source »

...several theoretical distortions, and abandoned his earlier anti-Stalinism and recognition that Cuba was not a proletarian revolution. Unfortunately Karol does not show why Fidel never adopted the Chinese model, one which he claims is more suited to Cuba. What was Fidel looking for by blindly returning to the fold of Russia's bloc...

Author: By Tom Crane, | Title: CUBA'S WOES Fidel's Sugar- Ups and Downs of Revolution | 6/4/1971 | See Source »

...Indo-china had been the subject of a raging controversy inside the various departments. The outgoing Presidential advisors and the upper crust of Washington's foreign service were claiming that the NLF had grown significantly weaker since the Tet offensive the previous February, that the Communist military campaign would fold in a matter of months. But the lower echelon-often closer to the truth than were their superiors-said rightly that the guerrillas were merely regrouping forces and growing stronger all the time-that, in effect, the entire American military effort had been a failure. Since the higher-ranking officials...

Author: By David Landau, | Title: Kissinger in the White House: A Man of Many Options | 5/25/1971 | See Source »

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