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News in Frederick, Maryland

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Jan 30, 1952

Page

7

Government program nets profit for Marshall plan stay

NEA Washington correspondent Peter Edson discusses a small part of the Marshall plan administered by the Economic Cooperation Administration and later the Mutual Security Agency. He notes that dollar guarantees on foreign sales of American magazines books and films yielded a profit of 190000 for the U S Treasury, while outlining the program mechanics and participating publishers and studios. The piece emphasizes the profit came from converting foreign earnings into dollars and that payments totaled five million despite broader criticisms of the aid program.

Peter Edson NEA Washington US Treasury Marshall Plan Economic Cooperation Administration Mutual Security Agency MSA Middle East Asia Free World Marshall Plan Administration Wth Marshall Plan Harvers Omnnibook Colliers Saturday Evening Post Readers Digest Time and Life Knops Doubleday Harcourt Bruce Lippincott Bantam Baoks Pocket Books Marvard Princeton Yale University Press McGraw Hill American Chemical Society Columbia _Paramount Republic RKO Goldwin Twentieth Century Fox Universal Pictures Warner Brothers Germany Treasury

US info service profits from selling American books abroad

The program runs under Gilbert Simons with agencies abroad, charging publishers a 1 percent service fee while turning over funds to cover local expenses. It has earned over $196,000, reaches about 30 million Europeans and 1.5 million Americans with American magazines and books, and aims to project a candid picture of U.S. democracy and freedom of the press to readers abroad.

Army State Department Gilbert Simons Ivy Lee Symons United States

Advertisements Reveal Living Standards in American Life

The magazine aims to show both bright and dark sides of life in the United States through articles and advertisements. It argues the ad content often mirrors the high standard of living reached, aligning with sociology insights about the era.

Sion Magiam

Property and Human Rights In Harmony, Not Conflict

A Bos­ton era note argues that stable society requires both property and human rights. It warns against demagogues who dismiss property rights for human rights and insists true justice aligns both, never sacrificing one for the other. Say you saw it in The Mews.

Babson Mewavaper

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