In Manhattan, the 35 staffers of Science Illustrated had just put the August issue to bed last week and were hard at work on the September issue. In the midst of the job, they were summoned from their desks to the paneled board room of Manhattan's McGraw-Hill Publishing Co. Announced Publisher Paul Montgomery: "I have a piece of bad news this morning." The news: there would not be any September issue—or any August issue, either, even though the presses were ready to roll. Without making a move to telegraph its knockout punch, McGraw-Hill had closed out the biggest, slickest and most...
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