Publisher's Letter, Aug. 6, 1956

CONTRIBUTING EDITOR DEMAREST

Dear TIME-Reader:

WHEN Contributing Editor Michael —(TM) Demarest wrote this week's cover story on Greek Shipping Magnate Stavros Spyros Niarchos and the boom in postwar shipping, he brought to his subject an understanding and feeling that came from long personal experience at sea. Mike spent three of the World War II years sailing in all classes of merchantmen, but mostly in tankers, about the Atlantic and Pacific.

Former Tankerman Demarest went down to sea in ships along an unusual route. Born 32 years ago on Long Island, he was sent to England...

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