Reader's Digest Story of a Publishing Giant
James Playsted Wood chronicles De Witt and Lila Wallace and their Reader's Digest rise from a Greenwich Village basement to an 80 acre plant, reaching over 12 million subscribers and 21 million readers in 30 editions across 13 languages. The non profit education edition for students and Braille versions expand reach worldwide.
MENTIONED IN THIS ARTICLE
James Playsted Wood
de Witt Wallace
Lila Acheson Wallace
Reader
Mr. Wood
Greenwich Village
New—York
Pleasantville
N. Y
Horatio Alger
White Elephant Highway Program Threatens motorists finances
The author compares the ongoing national highway program to a white elephant, arguing that expanded scope and mismanaged funding risk ruinous costs for motorists. He cites shifting financing, a predicted 900 million dollar shortfall next year, and more than 1.5 billion in motor tax revenues diverted to the general fund, urging Congress to limit tax use to highway financing.
MENTIONED IN THIS ARTICLE
Siam
America
Washington
Congress
U.S
Advertising fuels Reader's Digest growth after change
From 1922 to 1955 readers and critics claimed Digest thrived by avoiding ads. After deciding to accept advertising the magazine faced overwhelming orders and higher prices. Wood notes Americans favor advertising as news and seek it for excitement and information.
MENTIONED IN THIS ARTICLE
Reader’s Digest
Mr. Wood
Editorial Writers Show Mixed Views On Socialism
A national poll of newspaper editors found most opposed to adopting socialism for America yet many supported specific socialist policies when framed as separate legislative measures. The survey highlights a disconnect between overarching ideology and approval of individual programs, signaling potential dangers in policy design and public discourse.
MENTIONED IN THIS ARTICLE
America
Socialist Labels Mask Real Economic Shift in America
The author argues influential Americans misread economic reality and warns socialism advances stealthily. He cites a politician accusing an opponent of crying socialism over a measure that reflects socialist economics as printed in the Communist Manifesto and notes leaders disguise socialism as liberal or humanitarian.
MENTIONED IN THIS ARTICLE
America
Common Sense Economics by Gilbert M. Tucker
A new economics book by Albany author Gilbert M. Tucker offers clear logical arguments and humor. It aims to present economic facts in plain language, avoiding jargon and endless academic debates.
MENTIONED IN THIS ARTICLE
Gilbert M. Tucker
Albany
N. Y
Gilbert
Tucker
Tax reform debate and inflation concerns in American policy
The passage discusses tax reform as essential for safeguarding the nation with emphasis on inflation, taxation, public borrowing, and the clash of communism with American ideals. It cites Rep. Wilbur Mills and advocate Mr. Tucker urging study and reform to prepare future generations.
MENTIONED IN THIS ARTICLE
America
Tucker
Wilbur Mills
House
Ways and Means Committee
Mr. Tucker
Wucker
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