Katharine Graham resents being labeled the most powerful woman in publishing. "That's a sexist term, and I really dislike it," she says. Still, what else is there to call her? As chairman and principal owner of the Washington Post Co., she controls a $370 million communications empire that includes the Washington Post (see following story), the Trenton Times, Newsweek, five broadcast stations and 49% of a paper mill. The crowned heads of journalism and Government gather at her Georgetown home, weekend invitations to her Marshall, Va., farm are almost as prized as summonses to Camp David, and in a begrudging accolade....
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