'47 Magazine was established in March of 1947 and it was their intention to change their name with the calendar year, year by year and on through the succeeding decades. We have in our vast periodical library a few copies of '48 Magazine - but that is as far as they got before they were voted off the island.
It was a terrific magazine - and many of the names on their board of directors are recognized as some of the best literary minds that America had produced in the mid-Twentieth Century. But, as you'll see when you read the attached manifesto (they called it a "Statement of Intent", but I think that they really wanted to call it was a manifesto) they deeply desired to create an arts magazine that was entirely free of accountants, advertisers, lawyers, agents and, ultimately, profits; so they weren't around very long.
This is the story of a news daily that was published between the years 1894 and 1917 and its entire readership could be counted with one finger,the subscriber's name was Czar Nicholas II of Russia. This unique periodical employed hundreds of correspondents (both foreign and domestic), and although only one printing of each issue was ever run, it cost the Russian taxpayers more than $40,000.00 a day to maintain.
Click here to read another article about the Czar.
When the flaks had all said their bit and the Japanese and Germans had all signed on the dotted line, Yank Magazine did what everybody else was doing - they demobilized. When the magazine published their last issue numerous magazine and newspaper editors were pretty choked-up about it and they wrote columns about how sad they all were to see it go; this one appeared in another U.S. Army rag.
More on this magazine can be read HERE...
Read about the time when THE STARS & STRIPES ceased printing...
"Fortune is the world's outstanding exponent of plush journalism. Its editors, long accustomed to prodigal expenditures, proudly talk of doing things 'in the Fortune manner'. The Fortune manner may mean spending $12,000 on research for a single story. It means commissioning oil paintings of industrial tycoons for the sole purpose of reproduction in Fortune. It mean de luxe color gravure and high-priced writers..." | 
