ADVERTISING: The Price of Liberty

When the Nov. 23 issue of Atlas Corp.'s Liberty appeared on U.S. newsstands last week, its chief feature was not editorial but a whopping 16-page ad, largest ever run in a national weekly. The ad: Lionel Corp.'s entire Christmas catalogue of toy electric trains.

Lionel, back at its old stand as the world's No. 1 toy trainmaker after four wartime years spent turning out $19 million worth of navigational instruments, hoped to do a $10,000,000 business this year. To do it, Lionel wanted a million catalogues to tell U.S. small fry about its wondrous new models that smoke and whistle while...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!