Session: 1234567891011121314151617         Page 266267268269270271272273274275276277278279280281282283284285286287288289290291292293294295296297298299300301302303304305306307308309310311312313314315316317318319 of 824

position of chairman of the Executive Committee. Howard Black was sort of “seniorized”--you can call it that. Stillman, I believe, was made chairman of the Finance Committee and Brumbaugh was made executive vice president. So, from a day-to-day operating point of view, the company was being run by the three of us and Brumbaugh.

Just to quote you something out of the Prendergast book: I guess, in 1959, Luce had broached the proposition to Donovan of him becoming editorial director, as you said, with the understanding that not right away, but in a few years, Donovan would take over from Luce as editor-in-chief. And I guess in July 1959, Donovan's--I'm quoting--“Donovan's appointment as Luce's deputy was announced. In April 1960, Linen was appointed to succeed Larsen”--and you took Tex Moore's place.

Yes. Tex had been a part-time chairman--

Right.

--and then the chairman was then made a full-time job. And Tex Moore just remained on the Board, and remained as general counsel.

Who spoke with you personally about this? How did you find out this was going on?

Roy, Roy and Harry--both did. And Jim and I were, of