To Our Readers: Jan. 8, 1996

SINCE ITS FIRST PUBLICATION ON March 3, 1923, some 3,700 issues ago, TIME has not only chronicled history as it has happened but also shaped world opinion and enlivened the intellect of its readers. That the magazine has been so successful at these pursuits for so long is due in large measure to its 13 managing editors, or "boss men," as the first one, Henry Luce, once called them. Each and every one has taken to heart what Luce said were the primary responsibilities of all Time Inc. editors: "To earn, maintain and to leave behind a great and good reputation...

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