'Shenandoah,' Literary Journal at Washington and Lee U., Fights for Its Survival

OUT ON A LIMB: In these days of shrinking endowments, the university-based literary journal resembles the spotted owl. Both are beautiful, reputedly wise, and endangered by a commerce-fueled chain saw. Over the past three years, The Ohio Review, Poetry Northwest, and Partisan Review died after budget woes rocked their university nests.

The latest literary journal under threat is Shenandoah, published by Washington and Lee University. In July, the university's Board of Trustees began