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TIME was the brainchild of Henry R. Luce and Briton Hadden, both under 25, burning with curiosity, enthusiasm and energy. TIME was an invention, something completely new in journalism, and its success underwrote in later years the development of equally innovative magazines: FORTUNE, LIFE and SPORTS ILLUSTRATED. This month Time Inc. is introducing still another magazine, MONEY. Its publication affirms our belief that the public's need and appetite for news and information has not diminished...

Author: /time Magazine | Title: An Anniversary Letter: An Anniversary Letter, Oct. 2, 1972 | 10/2/1972 | See Source »

...half-century since its founding, Time Inc. has become a broadly based communications company. Visionaries though they were, neither Luce nor Hadden could have predicted in 1922 the course their company would take. The corporate imprint of TIME-LIFE is now on books, films, newspapers, broadcasting, cable television, recordings, audio and video cassettes, fine arts reproductions and educational material. Apart from all this "communicating," we are also operating successfully in the fields of paper and paper products, printing materials and services, and marketing data...

Author: /time Magazine | Title: An Anniversary Letter: An Anniversary Letter, Oct. 2, 1972 | 10/2/1972 | See Source »

...Henry Luce once wrote that journalists should "tell as many of the citizens as possible, as effectively as possible, what the res publicae are, and what the rational debate on those subjects is." It is in the spirit of those words that Time Inc.'s publications, utilizing their unique resources, will this year undertake a study of the U.S. Congress, and ways of restoring that body to coequal status with the Executive Branch. At the same time we will hold a series of dinner meetings in Atlanta, Boston, Chicago and Los Angeles, at which Senators, Representatives, civic leaders...

Author: /time Magazine | Title: An Anniversary Letter: An Anniversary Letter, Oct. 2, 1972 | 10/2/1972 | See Source »

...Climaxing the golden-anniversary observance will be a tribute to the man whose heritage we share. The Smithsonian Institution has elected to establish the Henry R. Luce Hall of News Reporting in the National Museum of History and Technology in Washington. To be opened in April 1973, the Hall will contain the first permanent record of the impact of media on the development of our country. Its displays will range from pre-Revolutionary pamphlets, newspapers and magazines to the most sophisticated of today's news-disseminating techniques. It will be a permanent treasure of information for journalists, scholars, students...

Author: /time Magazine | Title: An Anniversary Letter: An Anniversary Letter, Oct. 2, 1972 | 10/2/1972 | See Source »

That over, Nixon headed west for Hawaii-a symbolic site for a meeting with Japan's new Premier Kakuei Tanaka. Before the meeting began, he attended another grand party at the Kahala home of Clare Boothe Luce, where more than 600 business, civic and political leaders of Hawaii enjoyed a mixed buffet of sushi, sashimi, shrimp, king crab and smoked salmon. Everyone laughed when Nixon declared: "This is not a political affair...

Author: /time Magazine | Title: THE PRESIDENCY: Richard Nixon's Three Hats | 9/11/1972 | See Source »

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