Nation: Adviser to the President

Journalist Donovan:providing insight and counsel

When Hedley Donovan retired as editor-in-chief of Time Inc. publications at the end of May, he opened up what he called his "portfolio of interests"—a file fat enough to occupy any energetic man full time. He planned to teach a course at Harvard on the press and politics, write a book about his 40-year career as a journalist, consult two or three days a week on various Time Inc. projects, serve on the boards of the Washington Star, Merrill Lynch & Co. Inc., and the Ford Foundation, among others.

Donovan was relaxing in his swimming pool at New...

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