The Press: Great Day, Red Dept.

Moscow's New. Times published a twist on the World War III issue of Collier's magazine (TIME, Oct. 29) and put out its own dream issue. Its theme: what would happen if the great powers signed a peace pact. Highlight was an article by U.S. Communist Author Howard (Citizen Tom Paine) Fast. Said Fast: "It is suspected that a sharp fall of shares [after the pact] was not entirely accidental, and in two of the most conscienceless New York newspapers there was provocation for a Fascist coup . . . Prices fell . . ." But after the great day, Novelist...

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