The Press: All That Money Can Buy

As casually as most men buy a hat Marshall Field III last week added another $5,000,000-a-year business to his publishing empire. It was an odd buy for the No. 1 "angel" of New Deal literature, who already puts out such evangelically leftist journals as the Chicago Sun, Manhattan's hyperthyroid PM, and the once-conservative monthly Southern Farmer (now run for Field by ex-NYAdministrator Aubrey Williams).

Marshall Field's new possessions: the 19-volume World Book Encyclopedia for children (top price: $92) and Childcraft (14 volumes, $47) for parents and teachers. Field did not plan to rewrite them...