[ Autograph ] Henry R. Luce 1848-1967 Noted publisher, founder of Life, Time, and Sports Illustrated. T.L.S. on Time letterhead, 1p. 4to, New York, Sep. 11, 1937, to noted publisher Cornelius Vanderbilt, Jr In part: '...I am interested in your point about the lack of trained business executives. Good executives are hard to bind in any field but in my own experience - at least in the magazine field - they are not quite so rare as good editors...'