Word: laughlin
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...JAMES LAUGHLIN...
Despite soaring scrap prices, the steel industry had seldom been fatter. In 1947, U.S. Steel reported, it had netted $126.7 million, the biggest since 1929 ($197.6 million), and 43% above 1946. Three other steel companies (Republic, Youngstown, and Jones & Laughlin) made just about twice as much in 1947 as they had in 1946. Bethlehem Steel turned in a whopping profit of $51 million, the greatest in its history. For the first time in peace, its sales had also passed $1 billion...
SPEARHEAD (604 pp.) - Edited by James Laughlin-New Directions...
...past decade, James Laughlin IV, rebellious great-grandson of the co-founder of Jones & Laughlin Steel, has subsidized a publishing house (New Directions) that has scorned the usual commercial limitations of the U.S. book business. Ready to face financial losses, Laughlin has put out cheap reprints of modern classics (e.g., Alain-Fournier's The Wanderer), little-known but excellent European books and works by young American writers which no other publisher would take a chance...
...Publisher Laughlin has pieced and pasted together a decade's representative pieces from his experimenters. Among Spearhead's contributors: E. E. Cummings, William Carlos Williams-both now established off-center poets; Karl Shapiro, Randall Jarrell, dithyrambling Henry Miller, William Saroyan, High Priestess Gertrude Stein, plus a host of others known only in isolated literary circles...