A Letter From The Publisher: Apr. 24, 1964

In the 41 years since the first issue of TIME appeared, the masthead —that list of staff members on this page—has seen many changes. One of the most important of all is made in this issue.

Henry R. Luce who, with the late Briton Hadden, conceived and founded TIME and guided it to become Time Inc., with magazines having a circulation of 13 million around the world, last week announced his resignation as editor-in-chief. His successor is Hedley Donovan, 49, who has been editorial director since 1959.

"There are many good reasons for this change of command," Luce said in his memo to...

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