Great Day, Red Dept.

Moscow's New. Times published a twist on the World War III issue of Collier's magazine (TIME, Oct. 29) and put out its own dream issue. Its theme: what would happen if the great powers signed a peace pact. Highlight was an article by U.S. Communist Author Howard (Citizen Tom Paine) Fast. Said Fast: "It is suspected that a sharp fall of shares [after the pact] was not entirely accidental, and in two of the most conscienceless New York newspapers there was provocation for a Fascist coup . . . Prices fell . . ." But after the great day, Novelist Fast saw triumph at last for the Pink and Red press that plies its trade on the eastern seaboard. "Two big New York dailies, formerly reactionary, joined with the [New York] Compass, the National Guardian and the Daily Worker to call for a People's Convocation for Peace."

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