PM was a liberal-leaning daily newspaper published in New York City by Ralph Ingersoll from June 1940 to June 1948 and financed by Chicago millionaire Marshall Field III.
In 1945, Coulton Waugh employed a novel art approach on his PM strip Hank. According to Waugh, Hank was "a deliberate attempt to work in the field of social usefulness."
Marshall Field III was an American investment banker, publisher, racehorse owner/breeder, philanthropist, grandson of businessman Marshall Field, heir to the Marshall Field department store fortune, and a leading financial supporter and founding board member of Saul Alinsky's community organizing network Industrial Areas Foundation.
Marshall Field in 1919
Evelyn Marshall Field (William Orpen, 1921)