, ▁with ▁readers ' ▁letters ▁and ▁an ▁editor ial ▁page , ▁though ▁fiction ▁content ▁was ▁still ▁restricted ▁to ▁a ▁single ▁novel . ▁In ▁ 1 9 5 2 ▁short ▁fiction ▁began ▁to ▁appear ▁alongside ▁the ▁nov els , ▁and ▁within ▁two ▁more ▁years ▁it ▁completed ▁the ▁transformation ▁into ▁a ▁science ▁fiction ▁magazine . ▁ ▁Auth entic ▁published ▁little ▁in ▁the ▁way ▁of ▁important ▁or ▁ground - bre aking ▁fiction , ▁though ▁it ▁did ▁print ▁Charles ▁L . ▁Har ness ' s ▁" The ▁Rose ", ▁which ▁later ▁became ▁well - reg arded . ▁The ▁poor ▁rates ▁of ▁pay — £ 1 ▁per ▁ 1 , 0 0 0 ▁words — prevent ed ▁the ▁magazine ▁from ▁attract ing ▁the ▁best ▁writers . ▁During ▁much ▁of ▁its ▁life ▁it ▁competed ▁against ▁three ▁other ▁moder ately ▁successful ▁British ▁science ▁fiction ▁mag az ines , ▁as ▁well ▁as ▁the ▁American ▁science ▁fiction ▁magazine ▁market . ▁Hamilton ▁fol ded ▁the ▁magazine ▁in ▁October ▁ 1 9 5 7 , ▁because ▁they ▁needed ▁c ash ▁to ▁fin ance ▁an ▁invest ment ▁in ▁the ▁UK ▁rights ▁to ▁an ▁American ▁best - s elling ▁novel . ▁ ▁History ▁ ▁In ▁ 1 9 5 0 , ▁science ▁fiction ▁( sf ) ▁mag az ines ▁had ▁been ▁published ▁successfully ▁in ▁North ▁America ▁for ▁over ▁twenty ▁years , ▁but ▁little ▁progress ▁had ▁been ▁made ▁in ▁establish ing ▁British ▁equival ents . ▁The ▁bulk ▁of ▁British ▁sf ▁was ▁published ▁as ▁paper back ▁books , ▁rather ▁than ▁mag az ines ; ▁a ▁situation ▁opposite ▁of