# 3185c FDC - 1998 32c Celebrate the Century - 1930s: 1st Issue Life Magazine
32¢ First Issue of Life Magazine
Celebrate the Century – 1930s
City: Cleveland, OH
Quantity: 12,533,000
Printed By: Ashton–Potter (USA) Ltd
Printing Method: Lithographed, engraved
Perforations: 11.5
Color: Multicolored
Birth Of Henry Luce
Luce spent much of his childhood in China where his parents were Presbyterian missionaries. He attended Chinese and English boarding schools until he was 15, at which point he was sent to the Hotchkiss School in Connecticut.
In 1921, Luce joined Hadden at The Baltimore News. They spent many late nights talking about starting their own news magazine and decided to quit the newspaper together in 1922. Later that year they partnered with two other men to form Time Inc., and published the first issue of Time on March 3, 1923. Initially, Luce served as business manager while Hadden was editor-in-chief. They would then trade the titles of president and secretary-treasurer every year. Hadden’s sudden death in 1929 brought an end to their partnership.
32¢ First Issue of Life Magazine
Celebrate the Century – 1930s
City: Cleveland, OH
Quantity: 12,533,000
Printed By: Ashton–Potter (USA) Ltd
Printing Method: Lithographed, engraved
Perforations: 11.5
Color: Multicolored
Birth Of Henry Luce
Luce spent much of his childhood in China where his parents were Presbyterian missionaries. He attended Chinese and English boarding schools until he was 15, at which point he was sent to the Hotchkiss School in Connecticut.
In 1921, Luce joined Hadden at The Baltimore News. They spent many late nights talking about starting their own news magazine and decided to quit the newspaper together in 1922. Later that year they partnered with two other men to form Time Inc., and published the first issue of Time on March 3, 1923. Initially, Luce served as business manager while Hadden was editor-in-chief. They would then trade the titles of president and secretary-treasurer every year. Hadden’s sudden death in 1929 brought an end to their partnership.