Vanity Fair (magazine) the Great Depression and declining advertising revenues, although its circulation, at 90,000 copies, was at its peak. Condé Nast announced in December 1935 that "Vanity Fair" would be folded into "Vogue" (circulation 156,000) as of the March 1936 issue. Condé Nast Publications, under the ownership of S.I. Newhouse, announced in June 1981 that it was reviving the magazine. The first issue was released in February 1983 (cover date March), edited by Richard Locke, formerly of "The New York Times Book Review". After three issues, Locke was replaced by Leo Lerman, veteran features editor of "Vogue". He was followed by editors
American Rocket Society to American Rocket Society on April 6, 1934. In 1936, the American Rocket Society and its member Alfred Africano were awarded the Prix d'Astronautique by the Société astronomique de France (French Astronomical Society) in recognition of their pioneering tests with liquid fueled rockets. The "Journal of the American Rocket Society" was published from 1945–53. Membership increased rapidly in the 1950s as the government funded "upper air research", and by the end of the decade it had reached 21,000. In early 1963, the ARS merged with the Institute of the Aerospace Sciences to become the American Institute of Aeronautics and Astronautics