New York: Dell Publishing, 1931. First edition. Early issue of this hugely popular depression-era humor magazine known for its parodies of advertising and publishing. An early precursor to Mad Magazine, it was "stuffed with parodies of national advertisements and consumer magazines and sprinkled liberally with topical and risque cartoons and gags." Edited by Norman Hume Anthony [1889 - 1968], the cartoonist, illustrator, one-time editor of Judge and Life Magazines, and author, as "Judge Jr.," of a series of books on cocktails. Gppd tp very good with light soiling, general aging and wear.