The fold line obscures it but that is a 1948 copyright and as we already knew, it was a Bubbles Inc., product. I blew it up a little so you can see:
The Tatoo is muted in color, as expected and the little rip, endemic to all the smaller Tatoo-type wrappers, shows at the right below but it would be at the top in a vertical position:
These came in the "Tourist Pouch" configuration, as detailed here. I still desperately need a Tourist Pouch so I can mine its secrets but have not had any luck even finding a color scan of one. The front of the wrapper is indeed quite slick as I thought it would be but the surprise was that the wrapper measures a full 1/4" shorter than I presumed it would. The width was the same 1 3/16" that it's younger brother had in 1949 but it's only 1 3/8" long. I don't know if a smaller gum tab was used in '48 or if they just used a shorter wrapper. As always with Topps, I have learned to expect the unexpected.