One of the mysteries of contemporary publishing has been a cadaverous onetime pulp writer named Joseph Hilton Smyth. Four years ago he suddenly emerged from Greenwich Village obscurity, bought the venerable magazines Living Age and North American Review. Then he bought into Current History. Before long he bought a good slice of the staid Saturday Review of Literature. He also founded a weekly newsletter called The Foreign Observer, a press service called the Negro News Syndicate.
Last week FBI solved the mystery. Publisher Smyth, arrested with two cronies, pleaded guilty to charges that he got $125,000 from the Japs in four years,...
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