Signature, Radcliffe's literary magazine, will not fold, although under present publication conditions, its total debt will be $632 by June, Joan Braverman '50, student government president, said last night.

Referring to Monday's announcement that the Radcliffe News had rejected a merger with the magazine, Miss Braverman said that "the question of a merger must be considered in relation to the entire recent history of the magazine and a full knowledge of its present financial situation."

The full text of her letter appears on page two.

The magazine, Miss Braverman said, cannot suspend publication as advertising contracts require ads in four issues. At present cost of publishing the magazine is 65 cents per copy while selling price is only 35 cents.

Total Circulation

Total circulation by subscription runs to 131 copies per issue, although 44 subscriptions remain unpaid. "The suspension of publication would serve only to increase the debt, however," Miss Braverman said, "since income from advertising exceeds income from circulation."

Student government, being financially responsible for the magazine's financial state, proposed a financial merger of the News and Signature to correct the latter's present debt, she explained.

The measure, she said, affected only the business staffs of the two organizations and did not imply that the News would control the literary policies of Signature or publish the magazine's material.