Truce

When the Wall Street Journal ran sketches and a dope story on 1955-model cars, General Motors protested by canceling all its ads and putting an embargo on all news to America's No. 1 business newspaper (TIME, June 28). The W.S.J. stood its ground, insisted it would continue to dig up news about G.M. despite the ban. Last week G.M. and the W.S.J. announced a truce. General Motors, explained G.M. President Harlow H. Curtice, has been interested only in protecting its "property rights," i.e., its ownership of copyrighted blueprints of new models. "It was never our intention," he added, "to interfere in any way with [the W.S.J.'s] publication of news." On his part, W.S.J. President Bernard Kilgore told Curtice that "[we have] no desire to injure or transgress property rights." Last week, with the misunderstanding straightened out, the W.S.J. was once again getting both the regular flow of G.M. news and the $250,000 a year in ads that G.M. had canceled.

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