Magazines: The Agonies of Infancy

About all it takes to start a new magazine these days is an idea, a bank roll, and the kind of tunnel vision that sees nothing ahead but success. Some of the latest newcomers:

>Fact, the second try of Publisher Ralph Ginzburg, 34, whose first publication, Eros, a quarterly that leered at the "joys of love," was canceled by the U.S. Post Office. Convicted of mailing obscenity, Ginzburg founded Fact while appealing his sentence of five years in prison and $42,000 in fines.

His new venture purports to tell the stories that other publications...

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