Lila Bell Wallace (neé Acheson) (1890–1984) was a United Statesmagazinepublisher. She co-founded Reader's Digest with her husband DeWitt Wallace and published the first issue in 1922. She graduated from Lewistown High school, where the school's library is named after her. 1890 was a common year starting on Wednesday (see link for calendar). ... This article is about the magazine as a published medium. ... 1. ... The cover of the May 2004 issue of Readers Digest. ... DeWitt Wallace (November 12, 1889 -- March 30, 1981, otherwise known as William Roy) was a United States magazine publisher. ... 1922 was a common year starting on Sunday (see link for calendar). ... Lewistown is the name of some places in the United States of America: Lewistown, Illinois Lewistown, Montana Lewistown, Ohio Lewistown, Pennsylvania Note also the places named Lewiston. ...
Wallace, a minister's son from St. Paul, had been a twenty-five-year-old college dropout working for a publisher of farm periodicals when he got the idea of distilling the best information from hundreds of free federal agricultural bulletins, combining it in one volume, and selling it.
This was because Wallace's wife, Lila Acheson Wallace, had recently learned of her husband's long affair with her niece Judy, wife of Al Cole's protege Fred Thompson.
A couple of years earlier, while the affair was still going on, Wallace had given a dinner whose guests of honor were Nelson and Happy Rockefeller, and at it he had gravely proposed a toast to all the men there who were with their first wives.
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