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DeWitt Wallace

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DeWitt Wallace was a famous American magazine publisher. He is best known for starting a magazine called Reader's Digest. This magazine became one of the most read monthly papers in America. He worked hard to make sure people could enjoy many different stories. His work helped people learn about many topics in a quick way.

Wallace Periodical Room - N.Y. Public Library
Wallace Periodical Room - N.Y. Public Library

Wallace had a very specific way of working. He wanted to create a magazine with many subjects. He wanted each story to be abridged, which means made shorter. He spent many hours at the Minneapolis Public Library to practice this. He read long articles and made them easy to read. This way, people could learn a lot in a short time. He and his wife, Lila Bell Wallace, sent the magazine through the mail.

Wallace Periodical Room - N.Y. Public Library
Wallace Periodical Room - N.Y. Public Library

His journey to becoming a publisher started a long time ago. He was born in Saint Paul, Minnesota, on November 12, 1889. He went to Macalester College and the University of California, Berkeley. During World War I, he served in the United States Army. He was wounded and stayed in a French hospital for four months. While he healed, he read many magazines. This time in the hospital helped him form his big idea.

Wallace Periodical Room - N.Y. Public Library
Wallace Periodical Room - N.Y. Public Library

Wallace achieved many great things during his life. He and Lila married on October 15, 1921. They published the first issue of Reader's Digest on February 5, 1922. He was a supporter of the Republican Party and Richard Nixon. In 1972, President Nixon gave him the Presidential Medal of Freedom. He was also put in the Junior Achievement U.S. Business Hall of Fame in 1980. He died at his home in Mount Kisco, New York, on March 30, 1981.

Wallace Periodical Room - N.Y. Public Library
Wallace Periodical Room - N.Y. Public Library

DeWitt Wallace also used his money to help many people. He was a philanthropist, which is a person who gives money to help others. He gave much of his fortune to Macalester College. He also helped start the Wallace Foundation to support schools and the arts. He funded the DeWitt Wallace Decorative Arts Museum in Virginia. His gift even helped restore the Periodical Room at the New York Public Library.

Wallace Periodical Room - N.Y. Public Library
Wallace Periodical Room - N.Y. Public Library
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