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...inactive list after 38 years of service including 22 months as Eighth Army commander in Korea, was not yet ready to fade away. The morning after the ceremonies, he went back to the Capitol Hill firing line and expanded on his earlier testimony (TIME, March 16 et seg.) about the Eighth Army's "serious shortage of ammunition...
...last few years, the Crowell-Collier Publishing Co. (Collier's, Woman's Home Companion, American) has been having trouble. To pep up Collier's, the biggest troublemaker, a series of drastic shake-ups was prescribed (TIME, June 22, 1946 et seq.). But there was little improvement. Crowell-Collier's earnings dropped from a high of $6,500,000 in 1946 to a scant $76,497 in 1952, or 5? a share, the lowest of any major U.S. magazine-publishing house. This week Crowell-Collier announced that it had hired a new vice president, who will "take...
...their fight for the news, reporters have to battle a growing attitude on the part of state and local officers that public business is none of the public's business (TIME, May 5 et seq.). Last week North Carolina newsmen lost a round. When a vital Appropriations subcommittee, disregarding state law, denied them access to its budget hearings, capital reporters staged a sitdown in the hearing room...
...nearly 1,000 shoestring air-cargo lines started by ex-service airmen after World War II, only a handful survived. Last week the two biggest survivors, Robert W. Prescott's Flying Tiger Line, Inc. (TIME, Nov. 5, 1945 et seq.) and Tom and Earl Slick's Slick Airways, Inc. (TIME, Jan. 28, 1946 et seq.), decided to cut the number still more by merging...
Early this month, when General James A. Van Fleet shocked the Senate Armed Services Committee into an investigation of the U.S. Army's ammunition shortage (TIME. March 16 et seq.), the security-minded Senators heard much of his testimony in closed session. Last week the committee released a censored version of the former Eighth Army commander's secret testimony-testimony which made it clear that the ammunition shortage was only one of many U.S. blunders in Korea. Said Van Fleet...