A Letter From The Publisher: Jul. 3, 1964

THE original prospectus for TIME, written more than 40 years ago, took pains to express "a respect for the old, particularly in manners," and an "interest in the new, particularly in ideas." In an era when the pace of change puts almost overwhelming emphasis on the new, the old may often seem old hat. But not a week's news goes by without offering—when studied in some depth—a few striking examples of how much the very old affects what is quite new.

Take this week's cover subject. Princess Anne-Marie of Denmark is a very modern miss from a land of the most advanced...

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