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...Waldorf-Astoria to help celebrate the birthday. The party provided a unique opportunity for businessman to meet musician, for architect to meet politician, for entertainer to meet scientist, for general to meet churchman, for physician to meet sportsman. "The point of this party." said Editor in Chief Henry R. Luce, "is the people who are here, that they should enjoy meeting each other face to face, as we hope they have enjoyed meeting each other in the pages of TIME." Light Hearts & Great Issues. The people who were there got the point. In serious vein or in high spirits, they...

Author: /time Magazine | Title: Time's 40th Anniversary Party: Only in This Country | 5/17/1963 | See Source »

...shirt went out of style 20 minutes ago. I want to tell you that I have attended a few affairs in my life, but never anything like this. When you think that Charles Edison is sitting here, and his father made this spotlight possible-thank you. But Mr. Luce does everything on a grand scale, and on the 25th anniversary of LIFE he did a 90-minute TV show with me as the star, and now he has invited me here. Mr. Luce obviously has vision, intelligence -and amnesia ... I get a personal kick just seeing all these wonderful public...

Author: /time Magazine | Title: Time's 40th Anniversary Party: Only in This Country | 5/17/1963 | See Source »

...having been fully exposed. But we have our Knights Commanders, the Men of the Year; we have our Grand Knight Commander, the Man of the Half-Century -the incomparable Winston Churchill-so this is a proud order. It is a great privilege for me to bring congratulations to Harry Luce and to his associates on this 4Oth occasion of the birth of TIME. An idea has become a vital and throbbing institution, with a special relationship to its readers. TIME has always informed them. It has on occasion inspired them. It has frequently amused them. It has sometimes irritated...

Author: /time Magazine | Title: Time's 40th Anniversary Party: A WORLD TRANSFORMED | 5/17/1963 | See Source »

...keeping informed," and they decided to invent that publication. To serve their high purpose, they had to sell their invention and make it an operating success. It was not easy. "In order to start TIME, we had to peddle stock to our friends and our friends' friends," Harry Luce recalled last week in the McKinsey Foundation Lecture at Columbia University. "We sold them­when we did, and our sales were agonizingly few and far between­on a sporting chance. We honestly believed, not without some evidence, that TIME would succeed. But of course the chance...

Author: /time Magazine | Title: Time At 40: may 10, 1963 | 5/10/1963 | See Source »

...most important parts of TIME'S editorial process is the discussion, the argument that often is heated. Certainly everybody who works for TIME (and who reads TIME) does not agree with all the views in all the stories. "But I believe," says Editor-in-Chief Luce, "that every journalist who works for us feels more individual freedom and responsibility because he knows basically where we stand. He knows where he agrees or disagrees. He is free to do his own job in our organization, knowing that all are working, in a broad consensus of conviction, for definable goals...

Author: /time Magazine | Title: Time At 40: may 10, 1963 | 5/10/1963 | See Source »

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