Paul Logan Martin, 65, a former political editor of U.S. News & World Report and a newspaperman for more than 40 years, died of cancer Wednesday at Arlington Hospital.

Mr. Martin came to Washington in 1974 as a reporter for the Gannett News Service. He was appointed chief of the Gannett bureau here in 1950, the year in which he won the Raymond Clapper Memorial Award for outstanding Washington reporting. He joined U.S. News & World Report as political editor in 1967. He retired at the end of last year.

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Mr. Martin was born in Fort Worth, Tex. He earned a bachelor's degree in journalism from Texas Christian University in 1933. He worked on newspapers in the Southwest and in New England until he joined the Associated Press in Harrisburg, Pa., in 1937. He was transfered to the Ap's New York office in 1940.

He enlisted in the Army in 1942. He was a major when he was discharged fron the Army Air Corps in 1946. he worked briefly on the Los Angeles Examiner before coming here with Gannett.

Mr. Martin was a member of the Gridiron Club, Metropolitan Club, the 1925 F Street Club, Sigma Delta Chi, the Overseas Writers CLub, the White House Correspondents Association, the Washington Golf and Country Club, the Chevaliers du Tastevin, and the Vinson Dinner Group.

Survivors include his wife, Kathleen G., and a daughter, Susan P., both of the home in Arlington; his mother, Mrs. Logan Martin, and a sister, Mrs. Ronald Hassig, both of New Martinsville, W. Va.

The family suggests that espressions of sympathy be in the form of contributions to the American Cancer Society.