The Press: New Lease

Jacqueline Cochran, cosmetic manufacturer, crack airplane pilot and sometime commander of the Army Air Forces' WASPS, got set last week for another dash into the war—this time as a Pacific correspondent for Liberty.

There was more to it than just another name-in-the-news. Jackie Cochran's husband, famed Financier Floyd Odlum, had been dickering for Liberty for several months. (Marshall Field tried, and found the price too high.) Last week the sale price (nearly $5,000,000) was set and just about in the bag.

Salvage Job. Liberty has tried hard to live down an unhappy past. Its...