Word: money
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Dates: during 1940-1949
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...Fame and money (about $10,000 this year) haven't made much difference in Campy's style of living. With his wife Ruthe and four children (two of them girls) he lives in a white clapboard house in St. Albans, Queens, goes in for big plates of Ruthe's spaghetti, gets to bed most nights by 10 p.m. and is up by 6 a.m.: "In my house," he says, "you got to keep regular hours. The baby, Roy Jr., he's up by then and hittin' the bottle...
...Star (nee PM) had gathered dust. For four weeks, pudgy Theodore Olin Thackrey, ousted by his estranged wife Dolly from the New York Post Home News (TIME, April 18), had been an editor without a mouthpiece. Last week a way was found to employ both editor and presses. With money furnished by a generous backer, Ted Thackrey bought the Star's equipment, prepared to launch a new 10? morning tabloid in New York City next week. Its name: the Compass...
...Compass will start out on a modest 24-page scale, pointing its needle to what Thackrey calls "the non-Communist left." Working as publisher, editor and managing editor, Wallaceite Thackrey thinks he can make money on 65,000 circulation and whatever advertising he can get. His editorial staff of 25 will include Medical Writer Albert Deutsch and Washington Correspondent I. F. ("Izzy") Stone, both survivors of PM and the Star, whom Thackrey harbored at the Post. The Compass' sport editor will be Stanley Woodward, onetime head of the New York Herald Tribune sport staff, lately editor of the short...
...World. Ted Thackrey met Mrs. Elaine for the first time about three weeks ago, through a mutual friend who intended to put up half the money for the Compass. When the friend backed out, Mrs. Elaine coolly agreed to put up both halves. For around $2,000,000 she will get all the preferred stock; Thackrey will hold 51% of the common, and complete control...
...purpose," said Aunt Anita last week in a voice without a quaver, "is to help create a better world state. You have only to think of the need for this thing . . . look at the press of the world today . . ." Said Thackrey earnestly: "We are not going to lose money." But if he did there would be more where his grubstake came from...