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Fame & Fortune: Donovan, the Hurdy-Gurdy man
Record money comes and goes but songs live on forever
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Bankrate: Was it a shock to suddenly be flush with cash?

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Donovan: I was signed in the traditional way by a publisher, Peermusic, called Southern Music then. Old man (Ralph) Peer recorded the Carter Family and Jimmie Rodgers in that (Bristol, Tenn.) hotel in 1928. I walked out of that publishing office a month or two later with a bankbook. I walked into the bank, pulled out a couple hundred quid, and when I got to the door, I must say, I did stop and turn around expecting someone to say, 'Just a minute, there's been a mistake.' Then I walked into the street and went, 'Well, it seems like it's happening.'

Bankrate: Did The Beatles and The Stones teach you how to deal with sudden wealth?

Donovan: No, they were in the throes of dealing with it themselves, albeit maybe two years ahead. When I look back at it, it was actually time off. Time has gotten less as the world has gone on. The world of leisure was supposed to have gotten larger, but we had more time, it seems, in the summer of 1966 for hanging out. And what I saw when we did hang out was how we were handling it. Isolated, they had to be isolated, all my friends, or on the road all the time. There was a mania going on. But there was an excitement in the studios. I learned immediately my vocal techniques by listening, of course, to Buddy Holly and then The Beatles. Those were the two main teachers of recording style.

Bankrate: You were among the rock elite who embarked on the famous retreat to the Indian ashram of Maharishi Mahesh Yogi. How did that affect your life and music?

Donovan: We had already had an interest and been initiated before we went. The intense, long meditations were extraordinary, incredible. We had walked away from fame, from engagements, from recording, from everything, and that was an extraordinary change, especially for my friends from Liverpool who really needed that, to get away and have some privacy. And we all returned, in a way, to student bohemian life. We could actually sit around for no reason whatsoever and play guitar and share stories and study meditation. The outer story of India became a scandal of some sorts, but the inner world we brought with us. And George agreed that in our own life when we returned, we brought to the West something very powerful. We had dived deeper than we were diving before into ourselves.

Bankrate: Disputes over money contributed to the breakup of The Beatles. Did it play a role in your disillusionment with pop stardom?

 
 
Next: "I didn't break up so much as broke down. ..."
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