The Press: New England Dream

With the help of the G.I. Bill of Rights, New England had a new magazine last week.

Its young editor-publishers had borrowed $4,500 on a G.I. loan, and scraped up another $6,500 from relatives and girl friends. Then they set out to publish a weekly called the Moderator, combining the varied virtues of Harper's, The New Yorker and TIME, with an overall New England accent. The adventures of the two publishers, 25-year-old John Donahue (late of the Coast Guard and the Burlington, Vt. News) and 26-year-old Raymond Bearse (late of the Navy and the...

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